Consumer Safety Panel Powers to Diminish
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When the Consumer Product Safety Commission returns to work on Monday, it will not have the authority to adopt safety rules, order mandatory recalls of dangerous products, or impose civil penalties on companies that do not report product hazards immediately.
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Federal regulators proposed Tuesday to loosen restrictions on executives' comments in the weeks before their company goes public in a stock sale, a move that could bring the first significant changes in 70 years to a traditional fixture known as the quiet period.
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Pledging to crack down on &quot;back-room deals&quot; in the insurance industry, California Insurance Commissioner John Garamendi yesterday moved to block agents and brokers from steering clients to
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The European Union has launched a new drive to reduce its regulatory burden on companies, in a bid to tackle one of the most frequent complaints made by business.
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Limited Brands is cutting loose the brands that are dragging it down.
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U.S. consumer safety regulators typically take almost seven months to inform the public of dangerous products in cases where the manufacturers were fined for not promptly reporting the defect, watchdog group Public Citizen said on Thursday.
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Commission Chairman Michael Powell ends an often-controversial tenure in which he tried to push industries into an increasingly deregulated world that some lawmakers, companies and consumer groups didn't like.
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Responding to the outcry over dangerous imports from China and other unsafe toys, the head of the Consumer Product Safety Commission is preparing regulatory proposals that could mandate broader inspections of imports and stiffer penalties for ignoring safety rules.
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Rules on gifts for judges are being overhauled for the first time in 15 years, with a commission looking at ways to cut down on the trinkets, expense-paid trips and other freebies given to members of the bench.
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Employers and workers are confused by eligibility and Classification of the new regulations.
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Some say the decision to shutter branches reduces the agency's capability to review industry submissions.
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U.S. auto safety regulators, under pressure to upgrade an earlier proposal and reduce highway deaths, said on Thursday they may require a tougher test for determining roof strength of cars and other passenger vehicles.
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The Nuclear Regulatory Commission on Thursday downgraded the safety rating of the nation's largest nuclear plant, subjecting it to more inspectors and a level of scrutiny shared by just one other plant in the nation.
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FDA panel's safety concerns have sidetracked P&Gs Intrinsa.
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Airlines and pilot groups say they may be forced to curtail a critical federal safety program after a federal judge's order requiring a regional carrier to disclose pilot incident reports to families suing the airline over a fatal 2006 crash.
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Three years ago, the regulatory overseers at the new Bush administration's    Office of Management and Budget  invited suggestions on which federal rules needed some work -- a tuneup, elimination, or maybe a new rule altogether. The effort was directed by Congress, which wanted the OMB to report to it annually on the costs and benefits of regulation and send along an inventory of ineffective or inefficient rules that should be reformed or killed.
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The panelÂs sweeping plan would mark an epochal shift for an industry that has fiercely resisted shrinkage.