Labor and Employment
SEC Walks Back Harmful Rule Interpretation Following Manufacturers’ Legal Challenge
Washington, D.C. – Following the announcement of the Securities and Exchange Commission’s decision to exempt Rule 144A debt—a type of corporate bond often issued by private companies—from its public disclosure requirements, the National Association of Manufacturers Chief Legal Officer Linda Kelly released the following statement: “This order from the SEC is a landmark victory for …
Regulatory Onslaught Costing Small Manufacturers More Than $50,000 Per Employee
Washington, D.C. – The federal regulatory burden is now costing small manufacturers $50,000 per employee per year, according to the topline findings of a forthcoming National Association of Manufacturers study on the macroeconomic impact of the onslaught of federal regulations. The total cost of federal regulations, estimated at more than $3 trillion dollars, outpaced the …
