...Week 2 Homework – GM520. By Sam Jhonson 1. The Federal Trade Commission and the Federal Reserve Board was seeking amendments to the Risk-Based Pricing Rule that would require creditors, as of July 21, 2011. I am starting my own business so this interests me as to how the credit scores are reported to the consumers. 2. The proposal makes the creditors to disclose the credit score information to the consumers when a credit score is used in setting or adjusting credit terms. Also consumers who receive the notice can obtain a free credit report to check the report’s accuracy. As an alternative to providing the notice, the Rule permits creditors to provide credit applicants with a free credit score and information about their score. 3. The agencies should provide additional information related to credit scores to the risk-based pricing notices. Specifically, the risk-based pricing notice include an explanation that the consumer does not have a single credit score, and that the credit score may vary with the consumer reporting agency and a particular credit product for which the consumer applied. Most consumers need this information to help them understand why they are receiving a particular score that may not be the same as a FICO score. 4. All the comments must be received by 04/14/10 and comments on he Paperwork Reduction Act analysis set forth in Section III.A. of this Federal Register notice must be received on or before May 16, 2011. 5. a. 1. Go to the Hearing...
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...Week 2 Homework – GM520 Brad Booth 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) The Department of Alcohol, Tobacco, Firearms and Explosives – I am a firearms dealer and wonder how the Firearm regulation will affect my sale of guns. This will affect me who I can sell guns to and the cost of background checks. 2. Describe the proposal/change. (10 points) The change will require people to do a more extensive background check and depending on the background it will disqualify them on getting a weapon and affect how many guns I can sell. 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) I wish to have them reconsider this new rule by at least putting some additional provisions in place to protect the privacy...
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...Week 2 Homework Help – GM520. Here is an example to get you started on the 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) The Department of Health and Human Services; the Food and Drug Administration is the agency which controls this regulation. The topic that will be discussed is the information required in prior notice of imported food. This interests me greatly because I majored in Hospitality manangement for my Undergraduate degree with the aspirations of someday opening a restaurant. This topic deals with what is needed to import food from abroad, and this will greatly impact my restaurant when I open my business. 2. Describe the proposal/change. (10 points) The proposal requires additional fundamentals of information submitting prior notice to imported food, including food for animals, to report the name of any country in which the article has been denied entry. This information...
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...Week 2 GM520 - 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 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) AGENCY: Office of the Secretary, Department of Defense ACTION: Proposed rule :: Smoking Cessation Program under TRICARE This will affect me as most of my friends/neighbors/relatives do smoke and I am always being a passive smoker which is affecting my health badly. 2. Describe the proposal/change. (10 points) The proposal helps smokers to quit smoking under TRICARE coverage. Which would help common people with wider access and ways to quit smoking. The proposed rule should expand the phone access & face-face interaction at least to the military personnel internationally in the initial phase also. 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...
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...Week 2 Homework Help – GM520. 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) Interstate Commerce Commission (ICC) regulated interstate surface transportation between 1887 and 1995. This interests me because of the changes of transportation. Yes, it does affect me because they are doing price controls and entry controls on the collective vendor’s price setting in the United States transportation. 2. Describe the proposal/change. (10 points) It is regulated through varies transportation modes starting with the railroad industry and later the trucking and airline industry. 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) Deregulation—freeing up the trucking market to permit much more flexible pricing and...
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...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...
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...Week 2 Assignment – GM520 1) The administrative agency which I choose is the Small Business Administration (SBA). The reason why this agency and the proposed regulation interest me is because I have worked for the Social Security Corporation in the businesses development department where I worked on micro projects and small businesses. The way this regulation that has been proposed may affect me is by enhancing my experience in small businesses. 2) The proposed rule made by the Small Business Administration is on the size standards of small businesses of some 35 industries of the North American Industry Classification System, NAICS, and other services. The regulation proposes an increase in the size standard of the relevant small businesses. The regulation also proposes an eight-size-standard-level methodology. 3) In my public comment I would propose that the regulation should not be limited to the increase of size standards but it has to examine the quantity standard, which means to add more industries to be included in these small businesses. 4) The deadline for the comments on the regulation was June 15, 2011 5) (a) I could not submit my comments because the deadline was past due. (b) Although I am in favor of the proposed regulation, these are the five legal theories I could use to overturn the regulation in court: 1- Arbitrary and capricious. The agency has to show evidence that supports their proposal and they must explain this evidence...
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...Week 2 Homework Help – GM520. 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) Internal Revenue Service – This regulation interests me because members of my family are both employees and employers and IRS will benefit one and harm the other with it. It will take an affect in 2014. 2. Describe the proposal/change. (10 points) This proposed regulation will require employers with more than 50 full-time employees to provide affordable health care coverage with a minimum level required. Otherwise, employers will be punished with penalties. Regardless, it would increase expenses for any company having more than 50 employees especially since health care costs are increasing on yearly basis. 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...
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...Week 2 Homework – GM520. 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) Tennessee Wild Resource Agency (TWRA) – I am a big game hunter so my interests are merely for self-reasons, it will impact me with the removal of Wild Hogs from the big game status to a nuisance category. http://www.tn.gov/twra/feralhog.html This will affect me because I’m an out of state hunter who hunts on private land who purchased a Tennessee hunting license for big game which now does not include Wild Hogs and because I’m not a land owner, family member or tenant it prevents me from hunting Wild Hogs. The property owner is allowed to have up to (10) individuals listed on an exemption form but it is limited when group hunting trips are being planned. 2. The proposal is to have no limit on numbers of individuals that can be on the exemption form for property owners for a fee. This will aid TWRA mission to reduce the...
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...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...
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...Week 2 Homework GM520. 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) Federal Register Volume 77, Number 205 (Tuesday, October 23, 2012). International Mailing Services: Proposed Product and Price Changes. My business utilizes The United States Postal Service for small shipments and packages.. The price increase in product and service for international mailing could heavily affect our business. Thirty percent of our products are ordered by foreign customers. For the whole online selling industry, we will lose a large revenue if the new regulation is passed and applied to both individual and business. 2. Describe the proposal/change. (10 points) The proposal will increase the cost of USPS mailing services including First-Class Mail International and extra services. The Postal Service proposes to adjust the price of various sections of Mailing Standards of United Stated Post Service. The proposal...
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...Week 2 Homework – GM520 1. State the administrative agency that 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) Department of Justice (DOJ) – Being from Texas where there is no secret about one’s personal firearms, I found interest in this topic because of the many people I know that own firearms. This proposal will have an affect on many Americans depending on what state you are in. 2. Describe the proposal/change. (10 points) The purpose of the proposal is to identify the definition of a “pistol”. Determining the definition will establish carrying permits and regulations for each state. 3. Write the public comment that 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) As a Texas native, I have many friends and family who own...
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...Week 2 Homework Help – GM520. Professor Dan Speckenzy Student Name: ECPECO Date: 1 November 2009 1. Administrative Agency: Federal Energy Regulatory Commission (FERC), of the Department of Energy (DOE) I chose FERC because it is the federal administration agency that ultimately my employer being a utility and a member of the non-government North American Reliability Commission (NERC) through which FERC imposes energy or electrical power jurisdictional and regulatory control. I chose the 60-day regulation on the books “Reliability Standards for Geomagnetic Disturbances” or RSGD regulation as it will eventually translate into physical, electronic, and IT infrastructure changes that I may be called upon to implement or collaborate implementation as an IT system integrator and/or systems engineer/administrator. This proposed RSGD regulation deals with developing and establishing reliability standards for mitigating the potential power interruption of our nation’s power-grid resulting from our planet earth’s geomagnetic field configuration disturbances (GMDs) caused by solar winds/flares generated by sunspots coronal mass ejection hurled at earth’s on a more frequent basis than experienced in the past, and the continued operation of the BULK-Power System. 2. The proposal is two-fold. First part or stage of the proposal is to require its FERC-certified Electric Reliability Organization (ERO) NERC to file reliability standard(s) within 90 days of the final rule effective...
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...Andrea Bing Week 2 Homework – GM520 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? Department of Education – This proposed regulation interests me in particular because I personally know how hard it can be to pay back student loans after graduation. Students were once able to receive 2 Pell grants in the same year and now the Department of Education has changed to it to students can at maximum receive 1 Pell grant per award year. This results in students having to make up for that grant with more loans which ultimately means more debt. The changes were effective in the 2010-2011 award year and I was affected during my Bachelor Degree studies. 2. Describe the proposal/change. The proposal limits students from receiving 2 Pell Grants within the same award year. “The Secretary amends four sections of the Federal Pell Grant Program regulations to make them consistent” with these changes. 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. While it is necessary to have the documentation represent the correct facts of the Federal Pell Grant Program, in an economy where students and recent graduates...
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...GM520: Legal, Political, and Ethical Dimensions May 11, 2008 Week 2 TCO B Homework 1. State the administrative agency which controls the regulation. The Food and Drug Administration (FDA or USFDA) is an agency of the United States Department of Health and Human Service which main responsibility is to control the regulation of Food and Drug administration and is under the control of the United States federal executive departments. i. Explain why this agency and your proposed regulation interests you (briefly). This agency interest me because I have a deep concern about the types of food and drugs that enter into our Caribbean market and other third world countries. After extensive research by many health professionals, it has been that many Caribbean islands and other third world countries are supplied with or import “rejected” foods and sometimes drugs from first world countries such as Europe and North America. If it is not good for one then why should it be good for the other? Are one of the many questions being asked by citizens. ii. 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. This proposed regulation wont affect the business in which i am working in but it will for certain allow citizens to become more aware as to the types of food that we import and will allow many to have an interest in medicine, thus, develop an...
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