Updated: May 2, 2018
On April 6, 2018, the Commission released a Public Notice seeking comment on possible revision or elimination of rules that were adopted in 2005-2006 that have or may have a significant impact on small entities. The Commission plans to review these rules to determine whether they should be continued without change, or should be amended or rescinded to minimize any significant economic impact of such rules on a substantial number of small entities.
In reviewing the rules consistent with the requirements of Section 610 of the Regulatory Flexibility Act, the Commission will consider the following factors: a) the continued need for the rule; b) the nature of complaints or comments from the public about the rule; c) the complexity of the rule; d) the extent to which the rule overlaps, duplicates, or conflicts with other federal rules, and, to the extent feasible, with state and local government rules; and e) the length of time since the rule has been evaluated or the degree to which technology, economic conditions, or other factors have changed in the area affected by the rule.
The Appendix to the Public Notice includes information on the rules chosen for review, including brief descriptions and legal bases of the rules.
Comments are due 90 days after the date of publication in the Federal Register.
Please Contact Us if you have any questions.