On September 19, 2016, the Animal & Plant Health Inspection Service (APHIS) extended the public comment period by 30 days for its proposed rule, “Horse Protection; Licensing of Designated Qualified Persons and Other Amendments.” The proposed rule would transfer responsibility for training, licensing, and monitoring third-party, independent inspectors (known as “Designated Qualified Persons” or DQPs) to APHIS and would create additional licensing eligibility requirements for DQPs.
On August 24, 2016, the National Oceanic and Atmospheric Administration (NOAA) has proposed a regulation under the Marine Mammal Protection Act (MMPA) to prohibit swimming with and approaching Hawaiian spinner dolphins within 50 yards. The proposed rule would apply to activities within 2 nautical miles (nm) of the Hawaiian Islands and in the waters between the islands of Lanai, Maui, and Kahoolawe. In addition, the proposed rule would prohibit approach by interception.
The United States Citizenship and Immigration Services (USCIS) is proposing a new rule which would allow international entrepreneurs to be considered for parole or temporary permission to be in the United States. Entrepreneurs may be granted an initial stay of two years, and seek a subsequent request for re-parole for up to three additional years. USCIS welcomes public comment on the numbers and types of small businesses that may be impacted by this rule, the compliance costs of this rule, and any potential alternatives that may minimize the compliance costs of this rule.
On July 13, 2016, the Securities and Exchange Commission (SEC) issued a proposed rule that would update and simplify the agency’s disclosure requirements. The SEC’s objective is to eliminate redundant, overlapping, outdated, or superseded provisions in light of changes to SEC disclosure requirements, US Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and technology. In addition, the SEC is seeking comment on certain disclosure requirements that overlap with US GAAP to determine whether to retain, modify, eliminate, or refer the requirem
On August 4, 2016, the Internal Revenue Service (IRS) issued a proposed rule relating to the valuation of interests in corporations and partnerships for estate, gift, and generation-skipping transfer tax purposes and the treatment of lapsing rights and restrictions on liquidation in determining the value of transferred interests under Internal Revenue Code section 2704. The rule would affect how taxpayers estimate the fair market value of assets for estate and gift tax purposes.
APHIS Proposes Amendments to Horse Protection Regulations
On July 21, 2016, the Department of Labor (DOL) issued proposed rules to update the Form 5500 Annual Return/Report.
Payday, Vehicle Title, and Certain High-Cost Installment Loans
Office of Advocacy’s Anniversary Symposium
June 22, 2016
Washington Court Hotel
525 New Jersey Ave N.W.
The National Cybersecurity Center of Excellence (NCCoE) at the National Institute of Standards and Technology (NIST) is seeking input from industry stakeholders on the challenges of identification, authentication, and authorization for devices with the ability to connect to the internet and to send and receive data, including requirements for authentication and authorization of autonomous non-person entities (NPE) found in smart home devices.