...Week Two Homework Assignment 1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interest you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will submit two attachments to the Week 2 Drop-box: (1) a Word doc with the questions and your answers and (2) a copy of the proposed regulation you used for this assignment. (10 points) The administrative agency I have chosen is the Federal Motor Carrier Safety Administration (FMCSA) and the proposed regulation is “Qualification of Drivers; Exemption Applications; Vision”. Although the proposed regulation does not affect the business I work for directly, it does however affect all motorists including myself using state highway everyday to commute. I selected this agency because it deals with the safety of commercial motor vehicles (CMV) and truck drivers. Like myself, there are many people out there who are usually afraid when driving passing these commercial motor vehicles and often worry about its safety. The proposed regulation is the most current one for the administration hence the main reason why I selected it, but it also interest me because am very curious as to the safety of commercial motor...
Words: 2338 - Pages: 10
...Rating Agencies - What does the Watchlist tell us? Christina E. Bannier, Christian W. Hirsch (2010) Executive Summary In the “Economic Function of Credit Rating Agencies” by Christina Bannier and Christian Hirsch (2010), the authors researched whether the economic role of credit rating agencies have been enhanced after the introduction of Watchlists. Therefore, the focus of this paper is to analyze the shift in function of credit rating agencies from a passive player providing creditworthiness certification to a more active credit monitoring entity. First, the paper examines if the Watchlist instrument changes the informational content of credit ratings. Next, the paper tested between two different explanatory lines regarding the function of the rating agencies by analyzing their use of the Watchlist as delivering information to market participants and creating an implicit contract to influence a firm’s risk choices via the threat of a credit downgrade. They find that the general market reaction to downgrades is stronger in the post-Watchlist period, which is consistent with previous research conclusions. These results hence indicate that the informational content of rating downgrades has strongly risen after the introduction of Watchlist. Additionally, the authors find that direct rating downgrades trigger a much stronger market reaction than watch-preceded downgrades. These findings support previous conclusions by Cheng and Neamtiu on whether and how rating agencies respond...
Words: 2561 - Pages: 11
...Dorothy Scroggins GM520 - Week 2 Assignment Administrative Law Assignment SEP10 1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interests you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? I chose the Department of Public Safety, Division 45: Missouri Gaming Commission, Chapter 5: Conduct of Gaming. One of the many benefits Casinos love to share is that money from their profits will go to a public school fund. 2. Describe the proposal/change. The Gaming Commission is proposing an amendment to 11 CSR 45-5.051, Minimum Standards for Blackjack. The amendment will allow a floor supervisor (Pit-Boss) may direct the dealer to shuffle the cards after any round of play is completed and all wagers have been resolved. It won’t affect me directly but depending on how the Pit-Boss uses this internal control method, it could help or harm the Fund that is generated for Public Schools. Shuffling the cards in the middle is a deck is used to stop the current momentum. If the player(s) at the table are hot then this can break a streak that is cutting into the Casino’s profits. In this case it’s a win for the Public School Fund. 3. Write the public comment which you would submit to this proposal. If the proposed regulation deadline has already passed, write the comment you would have submitted. Explain briefly what you wish to accomplish with your...
Words: 669 - Pages: 3
...did Congress create administrative agencies? The administrative agencies were created by Congress because they felt that the anticompetitive conduct of railroads and other corporations could best be controlled by separate administrative agencies with defined statutory mandates. Also during 1929 because of the stock market crash and the beginning of the Great Depression Congress felt the need of additional agencies to assist free-market economy and to act in the public interest, convenience, and necessity. 19-2 What are the two major functions of administrative agencies? The first function is rulemaking, where agencies are authorized to create new regulations by virtue of their enabling statutes; if they are not agencies, they need to follow the three ruled making models which are formal, informal, and hybrid outlined in the APA (Administrative Procedure Act). The Second Major Function is the Adjudication of individual cases brought before administrative law judges by agency staff, this function is done in individual cases as oppose to rulemaking for whole industries, and administrative agency usually pursues a four step process. 19-3 Explain the distinction between executive administrative agencies and Independent administrative agency is an agency which appointed heads and members serve for fix terms and cannot be removed by the president except for reasons defined by Congress. Executive administrative agency is an agency located within a department of the...
Words: 2429 - Pages: 10
...Manual of Accounting and Financial Reporting for Pennsylvania Public Schools CHAPTER 16 TABLE OF CONTENTS Chapter 16 ____________________________________________________16.1 Audit Responsibilities __________________________________________16.1 Types of Audits______________________________________________________ __ 16.2 Financial Audits ___________________________________________________ 16.2 Single Audits _____________________________________________________ 16.2 Program-Specific Audits_____________________________________________ 16.2 Performance Audits ________________________________________________ 16.2 Auditor General Audits______________________________________________ 16.3 Management VS Auditor Responsibilities ____________________________________ 16.3 Selecting An Independent Auditor _________________________________________ 16.4 Preparing For Your Annual Audit __________________________________________ 16.5 Documents _______________________________________________________ 16.5 Financial Statements _______________________________________________ 16.6 Other Schedules And Reconciliations __________________________________ 16.6 Other Supporting Documentation _____________________________________ 16.6 Single Audit Requirements _______________________________________________ 16.7 Background ______________________________________________________ 16.7 Commonwealth Implementation ______________________________________ 16.7 Audit Scope ______________________________________________________...
Words: 3653 - Pages: 15
...Administrative Agencies This write-up expounds on Group Four’s perspective of how agencies in the United States of America affect our lives. The group has provided a list of agencies that play similar and at times very different roles in ensuring the quality of life we have come to expect is never compromised. The write-up explains some of Group Four members’ real life experiences, offering recommendations as to how one should address the negative impact(s) a particular agencies has had on his or her life. Lastly, the write-up explains the role of the courts in address any negative experiences any individual may have had with any of the agencies and the limitations of the courts’ review of the agencies decisions that lead to the negative impact. Which agencies regulate some aspect of your lives? The longer the list, the more interesting this exercise should be, so take some time to brainstorm a thorough answer to this question. Federal Agencies CDC Centers for Disease Control and Prevention EEOC United States Equal Employment Opportunity Commission EPA United States Environmental Protection Agency FAA Federal Aviation Administration FCC Federal Communications Commission FDA Food and Drug Administration FDIC Federal Deposit Insurance Corporation FED Board of Governors of the Federal Reserve System FTC Federal Trade Commission HHS United States Department of Health and Human Services HRSA Health Resources and Services Administration IRS Internal...
Words: 2314 - Pages: 10
...Pick an administrative agency of either the federal or a state government. Find where the current and proposed regulation changes for that agency are located on the Internet. (i.e., the Federal Register or the State Administrative Agency website.) Regulations.gov is a good place to begin your research. Pick one proposed regulation change currently under consideration (if you find one that has already closed out but interests you, you can use that instead) and write the following regarding it: 1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interests you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will submit two attachments to the Week 2 Dropbox: (a) a Word document with the questions and your answers and (b) a copy of the proposed regulation you used for this assignment. (10 points) a. Federal Aviation Administration (FAA)– I plan on traveling for work and this could affect the safety of my airplane travel 2. Describe the proposal/change. (10 points) b. This AD was prompted by findings of chafed power wires due to flexing of the MDC rack panel. We are issuing this AD to prevent damage to power wires, which could cause...
Words: 489 - Pages: 2
...HSM 210 Entire Course FOR MORE CLASSES VISIT www.hsm210tutorials.com HSM 210 week 1 Check Point Deinstitutionalization of the Mentally Ill HSM 210 week 1 Discussion Question 1 & 2 HSM 210 week 2 Checkpoint Researching Human Services Agencies HSM 210 week 2 Assignment Contemporary Problems HSM 210 week 3 Discussion Question 1 & 2 HSM 210 week 4 Checkpoint Differentiating Between Public and Private Organizations HSM 210 week 4 Assignment Examining Government Regulations HSM 210 week 5 Exercise Critical Thinking Exercises HSM 210 week 5 Discussion Question 1 & 2 HSM 210 week 6 Assignment Prevention HSM 210 week 6 Checkpoint Determining levels of prevention HSM 210 week 7 Checkpoint Comparing Values HSM 210 week 7 Discussion Question 1 & 2 HSM 210 week 8 Assignment Characteristics and Skills HSM 210 week 8 Checkpoint Evaluating Communication Strategies HSM 210 week 9 Capstone DQ HSM 210 week 9 Final Substance Abuse and the Native American Population ******************************************************** HSM 210 week 1 CheckPoint Deinstitutionalization of the Mentally Ill FOR MORE CLASSES VISIT www.hsm210tutorials.com Check Point: Deinstitutionalization of the Mentally Ill One of the most significant historical events to impact the evolution of human service work was the deinstitutionalization of the mentally ill in the 1960s. Your text examines some positive and negative outcomes of deinstitutionalization...
Words: 1374 - Pages: 6
...01/10/2016 Administrative law Administrative agencies and executive departments Administrative law is the body of law that governs the activities of administrative agencies of government. Government agency action can include rulemaking, adjudication, or the enforcement of a specific regulatory agenda. This kind of law is considered as a branch of public law and they are faced with the decision-making of administartive units of government, such as tribunals, commissions, or boards, that are considered as a part of national regulatory scheme, in areas that include police law, international trade, manufacturing, the enviroment, taxation, broadcasting, immigration, and transport.The expansion of administrative law happend during the 20th century, when many government agencies were created in order to regulate economic, political, and social areas of human interaction. Administrative agencies are created by the federal Constitution, the U.S. Congress, state legislatures, and local lawmaking bodies to managecrises, redress serious social problems, or oversee complex matters of governmental concern beyond the expertise of legislators. Administrative agencies are specialized governmental entities that are in charge of detail managing and gaps filling. Powers and functions given to these agencies are interchangeable, which means that their powers can be executive, legislative, or judicial. The responsability of the administrative agencies is defined through interpreting guideliness...
Words: 1012 - Pages: 5
...Pick an administrative agency of either the federal or a state government. Find where the current and proposed regulation changes for that agency are located on the Internet. (i.e., the Federal Register or the State Administrative Agency website.) Regulations.gov is a good place to begin your research. Pick one proposed regulation change currently under consideration (if you find one that has already closed out but interests you, you can use that instead) and write the following regarding it: 1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interest you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will submit two attachments to the Week 2 Dropbox: (a) a Word document with the questions and your answers and (b) a copy of the proposed regulation you used for this assignment. (10 points) U.S. Department of Education- This regulation really interests me because this regulation will make it harder for students to receive educations and the percent of college graduate will be lower. I am a fan of college graduates actually graduating and obtaining their degree. With that being said, this topic has my interest 100%. 2. Describe the proposal/change...
Words: 1116 - Pages: 5
...Business Regulation Stimulation Martina Thomas University of Phoenix Business Law Law/531 Aaron Towns September 28, 2010 Business Regulation Stimulation Alumina History The Alumina Incorporation is a company located in the United States and operates in eight other locations in the world. The United States generates the highest sales in the market which is 70 percent for the company. Alumina Incorporated manufactures and package automotive components. Alumina Incorporated is in region 6 of the (EPA) Environmental Protection Agency. EPA enforces several priorities to help protect our environment from business and corporations by assuring the safety of chemicals usage, cleaning communities, protecting the waters, improving the air, climate change, environmental justice and building stronger tribal and state partnerships (United States Environmental Protection Agency, 2010, para. 1). The simulation states that Alumina Incorporated is in a situation that the company may perhaps have an issue with harming the environment because of allegation made by Kelly Bates. The allegations are Alumina Incorporated dishonored particular environmental discharge norms during an (EPA) Environmental protection Agency compliance evaluation five years earlier. Alumina was ordered to clean up the water plants and the Alumina promptly complied with (EPA) Environmental Protection Agency. A new report was generated and statement shows that Alumina Incorporated to be in compliance with (EPA)...
Words: 1135 - Pages: 5
...HOMEWORK ASSIGNMENT 1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interest you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? The U.S. Agency for International Development (USAID) issued a new Scientific Integrity Policy to safeguard the quality and integrity of the Agency's scientific and scholarly activities. This agency is made for the International Development and is in favor of the people around the world which makes me glad and this fact interests me. This proposed regulation will not be affecting me or my work place. It would be a general public benefit which would make everyone feel at ease. 2. Describe the proposal/change. Spurred by a 2009 directive from President Obama and subsequent guidance from the White House, this policy articulates the principles regarding how scientific and scholarly activities are supported and carried out, and how research findings are used and disseminated. Specifically, the policy outlines guiding principles for the entire Agency that will: • Protect the scientific process from misconduct and from inappropriate influence; • Promote access to scientific and technical information; • Maintain a highly skilled technical and scientific staff; • Convene and use federal advisory committees ethically and transparently; and, • Ensure quality, methodological rigor, and ethical standards in all USAID-funded...
Words: 789 - Pages: 4
...GM520 - Week 2 Homework 1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interests you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will submit two attachments to the Week 2 Dropbox: (1) a Word doc with the questions and your answers and (2) a copy of the proposed regulation you used for this assignment. (10 points) Nebraska Department of Revenue – I own an operating farm in the state of Nebraska and this new bill hold potential tax saving. This will affect me by potentially reducing or refunding the sales and use tax liability on farm equipment. 2. Describe the proposal/change. (10 points) This bill will eliminate the application and imposition of sales and use tax on the “sale, lease, or rental of and the storage, use, or other consumption” of repair or replacement parts for agricultural machinery and equipment used in commercial farms. 3. Write the public comment which you would submit to this proposal. If the proposed regulation deadline has already passed, write the comment you would have submitted. Explain briefly what you wish to accomplish with your comment. (10 points) My comment is that the elimination of sales and use...
Words: 946 - Pages: 4
...Name Here Legal, Political, Ethical Dimensions of Business – Week 2 Assignment Importation of Citrus From Peru; Expansion of Citrus-Growing Area 1. Agency: The administrative agency that controls the Importation of Citrus From Peru is The Animal and Plant Health Inspection Service under the United States Federal Register Agency. Introduction: This case interests me because of the recent findings in the documents of Pest List and Commodity Import Evaluation that would allow the importation of citrus fruits from the entire country of Peru while providing protection against pests instead of only importing citrus from five citrus producing zones in Peru as currently being allowed. This regulation would open the doors for new businesses in different zones in Peru to compete for the best produce, best prices and introduce new types of citrus fruits. Resulting in lower prices for super market customers, which is my main concern and my business’s benefit. 2. Proposal: Based on the conclusion of the Pest List and the Commodity Import Evaluation document, The National Plant Protection Organization (NPPO) of Peru has requested from Animal and Plant Health Inspection Service to modify the regulation to allow citrus fruit importation from the entire country of Peru into the United States. Currently the importation of citrus into the United States from Peru is limited to five approved growing areas to prevent the introduction and dissemination of plants pests in the...
Words: 704 - Pages: 3
...retained by a group of citizens of Turkey Foot Town in connection with the current epidemic of high levels of lead in their drinking water surrounding the small town of Turkey Foot. The main concern regarding this matter is that some homes in the community have lead levels above the EPA action level of 15 parts per billion (ppb), or 0.015 milligrams of lead per liter of water (mg/L), pursuant to EPA federal regulations. Although lead concentrations leaving a water treatment plant are generally low, corrosive water can result in lead leaching from lead pipes within a distribution system. In general, lead solder used to connect pipe, or brass fixtures which may contain a small percentage of lead. As you may already know, lead is a contaminant that the EPA takes very seriously. Exposure to lead can have serious health effects, causing delays in normal physical and mental development in infants and young children and slight deficits in the attention span, hearing, and learning abilities of children. Congress passed the Safe Drinking Water Act in 1974 to develop regulations to control for lead in drinking water. The Lead and Copper Rule (LCR), issued in 1991, is focused on controlling corrosion within the distribution system that delivers water to customers. The Rule requires that public water systems monitor a fixed number of customer taps for lead. If more than ten percent (10%) of taps tested exceed 15...
Words: 1008 - Pages: 5
