Regulation

complicated industry governed by federal and state laws and regulations. Timely review of the regulation is an important task that if not done well, can create unnecessary risk to the company. This paper will discuss the importance of reviewing new laws, the challenges of doing so, and an innovative new software to do this, called Auto-Comply. The Problem The insurance industry is a highly regulated business and is expected to comply with regulation from the federal government, various states…

Laws and Regulations could be used in the world to be helpful in some aspects of life but can also be used for bad things in other aspects. In the texts 1984, Radioactive, and Space Oddity many things could be learned about how laws and regulations could be used in the world today. In each of these stories, there are different laws and regulations that will control the characters the way that the specific government in the story wants them to be like. In some of these texts, the government wants…

the founding fellows of bioethics and he is interested in the historical roots of institutional corruption and how this leads to the creation of prescription drugs and the consequences it entails. His is further concerned about current laws and regulations put in place to bring about development of drugs with little benefit, rather than focusing on drugs with immense benefit. His background in economics and sociology enables him to analyze health care policies and compare health care system1.…

In a paper published in July earlier this year, Dr. Patti Zettler, a professor of law at Georgia State University College of Law, listed strong reasons for the ability of the FDA to enact regulation within the existing regulatory framework. For any tDCS product to come under the jurisdiction of the FDA, it must first meet the requirements of a device under the FDA’s rules. This means that the device, “among other things, is intended for use…

properties in the risk should not be an option. Although the HB40 prohibit the city government to regulate oil and gas companies’ activities since the damage of earthquake is small, the public still have a chance to correct it by legislate a new regulation on the state level. For example, if hydraulic fracturing cause more terribly destructive earthquake in Texas, a considerable amount of Texas residents will focus on the issue and keep a huge pressure to the senators and the house…

Background The federal government’s role in regulation is to protect consumers and the market. There is an ongoing debate on whether the federal government should regulate the insurance industry due to the bailouts stemming from the financial crisis of 2008. Currently, state governments regulate the insurance industry. Proponents of federal regulation argue that states are inefficient in the duty of insurance regulation. Additionally, the federal government has economies of scale and may offer…

The advantages of Globalization of finance are the reduction of financial risk, improve the allocation of capitals, and reduce borrowing cost. Every business small or large has some form of a financial risk. The reduction of financial risk may require a business to plan for potential risk and existing risk. A company needs to plan ahead for future difficulties seen or unforeseen. Improving the allocation of capitals is one of the most important decisions associated with a company’s success and…

Corporate Social Responsibility (CSR) and Business Code of Ethics are a vital piece to operating a business. The code of ethics involves guidelines that aid employees when conducting business transaction with honor and integrity. Corporate social responsibility involves a company including concepts that concern cultural, social and environmental issues in their business transactions, operations and how they interact with stakeholders. If one were looking to review both concepts, one would…

Zukina(2012) is also concerned with privacy in behavioral adverting. The article evaluates the FTC’s role and provides information about possible measures for regulation. A weakness against the article is there are a few statements that are unfounded. For example, Zukina believes behavioral advertising operates under the Network Advertising and Digital Advertising Alliance and not the FTC (Zukina, 2012, pg. 277). The Network Advertising Initiative and Digital Advertising Alliance have provided…

for state and federal treasuries (Schuette). By 2018, studies suggest the cannabis industry will have a $10.2 billion marijuana market (Diehm and Hall). According to Drug War Statistics, California alone would make $1.4 billion on the taxation and regulation of the cannabis market. Gieringer’s studies state, “that revenues from cannabis excise taxes might range from $2.2 to $6.4 billion per year.” That tax estimate is from 1994 and does not even include other taxes, such as sin tax or sales tax,…