The Importance Of REI In The US

Publicly traded companies are subject to the reporting and disclosure requirements of the Securities Exchange Commission (SEC). The laws that govern the securities industry were established to provide transparency to investors, creditors and shareholders alike. According to Hoyle, Schaefer & Doupnik, (2015) there are seven major disclosure requirements, the first being a five-year summary of operations to encompass sales, assets, income from continuing operations. Followed by a description of business activities, a three year summary of industry segments to include foreign and domestic operations, a list of company directors and executives, quarterly market price of common stock for the last two years, restrictions on the company’s ability to continue paying dividends, and finally, an analysis of the company’s financial condition, changes in the conditions and results of operation.

There are a number of different reporting requirements that are needed to comply with the SEC. These include the provision of financial statements on a quarterly basis (10-Q) along with an annual report (10-K). These statements must adhere to a specific format that governs how financial statements are prepared, and how the information is presented. There are many sections to these forms that must be included. Moreover, the information must be accurate, and prepared to guidelines laid out in the Generally Accepted

The first national regulatory efforts in the late 1800s were intended at punishment for, and the prevention of, abuses in the marketplace, antitrust violations, and price gouging. During the 20th century, government regulation became even more extensive, focusing not only on preventing certain kinds of practices, but also requiring that certain in service standards can and should be met. And the past 50 years, more than a dozen new regulatory agencies have been shaped at the national and state government levels, following the route of new regulatory statutes. Regulatory measures contact virtually every part of our lives.

The EPA does not have specific requirements when it comes to the accounting of RINs. However U.S. Generally Accepted Accounting Principles requires disclosure of significant accounting policies. Both Valero and Casey General discuss RINs in their 10-K filing with the SEC. Both companies mention RINs as a risk to their business and reduction in cost of goods sold. Several other companies disclose information about RIN is a separate note called Environmental Liabilities, and Renewable Identification Numbers (RINs). Although information for how to account for RINs is scarce the EPA has issued several civil enforcements to energy and oil companies for fraudulent RIN

The Federal Energy Regulatory Commission or FERC (1930) is an independent agency that regulates the interstate transmission of natural gas, electricity, oil pipelines, and water-powered sites. FERC also reviews proposals to build liquefied natural gas (LNG) terminals and interstate natural gas pipelines as well as licensing hydro power projects.(2)

The Federal Trade Commission enforces a variety of federal antitrust and consumer protection laws. The Commission seeks to

Should Energy recognize a provision, (i) in reporting under IFRSs, and (ii) in accordance with U.S. GAAP?

Consumer protection laws are federal and state statues governing sales and credit practices involving consumer goods. Consumer Product Safety Commission, Unfair or Deceptive Trade Practices, Truth in Lending Act, Fair Debt Collection Practices Act, Warranties and Consumer Remedies are laws that were establish to give the consumer a fair shake at buying or borrowing money. Goods that were purchase or service for personal use were presumed fair that buyers and sellers would bargained for equal positions. The consumer protection is a law that has to contribute to safety, protecting the health of consumers and the economic interest of consumers. Local trade practices consider unfair or deceptive may fall with Federal Trade Commission laws and regulations and have an effect on interstate commerce. Federal and state laws governing sales, credit financing and reporting, product quality, leases, sales practices, debt collection and other aspects of consumer transactions may be regulated as deceptive trade practices. Consumers are protected by several types of agencies and statues that are enforced by state and federal laws. Today many of consumer protection issues are involve with the

What is the FTC? The FTC stands for Federal Trade Commission. The Federal Trade Commission is an independent federal agency created by Congress in 1914 to help prevent unfair business practices, deception, fair trade practices, and unfair competition. The FTC’s mission is to protect the consumers by enacting laws to ensure that businesses cannot cheat people out of money and keep businesses from being unethical and immoral. The FTC takes complaints about businesses and investigates them for fraud or unfair labor practices every year (Silbersack, 2013).

The American revolutionaries were successful in gaining their independence from the British due to skillful diplomacy, military tactics and sheer luck. The British had several important advantages, but their clumsy diplomacy and lack of understanding helped the American Revolutionaries more than they initially realized.

is duty bound to follow regulations and laws to ensure the safety of consumers by

as a business entity you may ask them a question, work with them to try and impact the regulation on you new

In response to those weaknesses, the Federal Trade Commission was created and given authority to enforce the acts’ provisions and “protect consumers by preventing anticompetitive, deceptive, and unfair business practices… and accomplishing this without unduly burdening legitimate business activity” (“About the FTC”). The Federal Trade Commission’s responsibilities included preventing and dissolving monopolies, bringing civil law suits against violators of the law, and monitoring the business community for violations of law (Davis). Since its creation, rules such as the Telemarketing Sales Rule, Pay-Per-Call Rule, and Equal Credit Opportunity Act were placed under the Commission’s jurisdiction, increasing their magnitude. However, in the Constitution Congress is given power, “[t]o regulate

Federal Trade Commission (FTC) – an agency that regulates a variety of business practices and curbs false advertising, misleading pricing, and deceptive packaging and labeling.

Regulations are meant to protect the environmental and consumers. They take the form of permits, package, etc