PublicationsInsights on Current Policy Issues

  • March 7, 2017

    By Frank Vlossak

    On February 24, 2017, President Trump signed an Executive Order entitled “Enforcing the Regulatory Reform Agenda”. The Executive Order establishes mechanisms intended to reduce regulations, including by implementing the President’s January 30, 2017 Executive Order which calls for agencies to eliminate two regulations for each new regulation they promulgate. Among the requirements of this latest Executive Order are mandates for federal agencies to appoint “Regulatory Reform Officers” and establish “Regulatory Reform Task Forces”. As described in a White House press release, the Executive Order directs each agency’s Regulatory Reform Task Force to: “evaluate existing regulations and identify candidates for repeal or modification”; and “focus on eliminating costly and unnecessary regulations.”

     

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  • February 9, 2017

    By Frank Vlossak

    On January 30, 2017, President Trump signed an Executive Order entitled “Reducing Regulation and Controlling Regulatory Costs”. The Executive Order is intended to ensure that “for every one new regulation issued, at least two prior regulations be identified for elimination”. On February 3, the White House issued a memorandum titled “Interim Guidance Implementing Section 2 of the Executive Order of January 30, 2017…” The memorandum provides agencies with information on how to implement the “Regulatory Cap for Fiscal Year 2017” established by the Executive Order.   

    Among the issues addressed, the February 3, memorandum clarifies that the Executive Order applies only to significant rulemakings, and does not require compliance by independent federal agencies such as the Securities and Exchange Commission (SEC), the Federal Energy Regulatory Commission (FERC), and the Federal Communications Commission (FCC).

     

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  • January 25, 2017

    By Frank Vlossak 

    On January 24, President Trump signed an executive order and four memoranda addressing pipeline, infrastructure, and manufacturing issues. The memoranda include one directing prompt consideration of the remaining federal approvals needed by the Dakota Access Pipeline. Another memorandum invites TransCanada to resubmit its application for a Presidential border-crossing permit for the Keystone XL Pipeline. The memorandum further directs the Department of State to “reach a final permitting decision” within 60 days of receiving a new Keystone XL permit application.

    A memorandum to the Secretary of Commerce requires the development of a “plan” to require “all new pipelines, as well as retrofitted, repaired, or expanded pipelines [to]…use materials and equipment [including steel] produced in the United States, to the maximum extent possible and to the extent permitted by law…”

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W&J Publications

Insights on Current Policy Issues

On April 25, 2012, House Financial Services Committee Chairman Spencer Bachus (R-AL) and Representative Carolyn McCarthy (D-NY) introduced the Investment Adviser Oversight Act of 2012 (IAOA). The IAOA (H.R. 4624) is intended to provide for more frequent examinations of retail investment advisers. Joel G. Oswald, Daisy A. Tomaselli, Eric I. Robins and David E. Franasiak assisted in the preparation of this document.

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On April 19, Williams & Jensen Principal David Franasiak gave a presentation on "The American Energy Renaissance". Frank Vlossak assisted in the preparation of this presentation.

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On March 25, Williams & Jensen Principal David Franasiak spoke before the meeting of the International Stock Exchange Executives Emeriti on "The Regulatory Landscape – Current Regulatory Proposals and the Issues Raised". Joel Oswald, Eric Robins and Rebecca Konst assisted in the preparation of this presentation.

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Unlike last year, when the Securities and Exchange Commission ("SEC", "Agency", "Commission") regularly held open meetings as it has moved through rulemakings implementing its requirements under the Dodd-Frank Act, addressed shortcomings that lead to the 2010 Flash Crash, or modernized the securities laws to keep up with the changing marketplace, this year has been different. Well, so far..

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Report on the budget sequestration process triggered by the Joint Select Committee on Deficit Reduction's failure to agree on legislation that would reduce the deficit by the November 23rd deadline, prepared by Denis Dwyer and Michael Kans.

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This is a summary of the Territorial Tax Reform Draft. This draft was released on October 26, 2011 by Ways and Means Committee Chriman Dave Camp (R-MI) and this summary was created by Christopher Hatcher. 

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On the evening of August 1, 2011, the House of Representatives passed S. 365, the Budget Control Act of 2011 by a vote of 269 to 161. 174 Republicans and 95 Democrats voted "aye" and 66 Republicans and 95 Democrats voted against the bill. The Senate is expected to pass the legislation on August 2nd and the President has stated that he will promptly sign the bill into law.

The design of this memorandum created by George Olsen is to describe the major features of the legislation as they relate to the extension of the debt limit and reduction of the federal budget deficit. S. 365 has four major titles.

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PublicationsInsights on Current Policy Issues

  • March 7, 2017

    By Frank Vlossak

    On February 24, 2017, President Trump signed an Executive Order entitled “Enforcing the Regulatory Reform Agenda”. The Executive Order establishes mechanisms intended to reduce regulations, including by implementing the President’s January 30, 2017 Executive Order which calls for agencies to eliminate two regulations for each new regulation they promulgate. Among the requirements of this latest Executive Order are mandates for federal agencies to appoint “Regulatory Reform Officers” and establish “Regulatory Reform Task Forces”. As described in a White House press release, the Executive Order directs each agency’s Regulatory Reform Task Force to: “evaluate existing regulations and identify candidates for repeal or modification”; and “focus on eliminating costly and unnecessary regulations.”

     

    Read...

    Read More
  • February 9, 2017

    By Frank Vlossak

    On January 30, 2017, President Trump signed an Executive Order entitled “Reducing Regulation and Controlling Regulatory Costs”. The Executive Order is intended to ensure that “for every one new regulation issued, at least two prior regulations be identified for elimination”. On February 3, the White House issued a memorandum titled “Interim Guidance Implementing Section 2 of the Executive Order of January 30, 2017…” The memorandum provides agencies with information on how to implement the “Regulatory Cap for Fiscal Year 2017” established by the Executive Order.   

    Among the issues addressed, the February 3, memorandum clarifies that the Executive Order applies only to significant rulemakings, and does not require compliance by independent federal agencies such as the Securities and Exchange Commission (SEC), the Federal Energy Regulatory Commission (FERC), and the Federal Communications Commission (FCC).

     

    Read...

    Read More
  • January 25, 2017

    By Frank Vlossak 

    On January 24, President Trump signed an executive order and four memoranda addressing pipeline, infrastructure, and manufacturing issues. The memoranda include one directing prompt consideration of the remaining federal approvals needed by the Dakota Access Pipeline. Another memorandum invites TransCanada to resubmit its application for a Presidential border-crossing permit for the Keystone XL Pipeline. The memorandum further directs the Department of State to “reach a final permitting decision” within 60 days of receiving a new Keystone XL permit application.

    A memorandum to the Secretary of Commerce requires the development of a “plan” to require “all new pipelines, as well as retrofitted, repaired, or expanded pipelines [to]…use materials and equipment [including steel] produced in the United States, to the maximum extent possible and to the extent permitted by law…”

    Read...

    Read More

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