Updated March 31 at 8:31pm
Regulation
167 results total, viewing 161 - 167
The Rhode Island Hospitality Association says this year’s legislative session ended with the industry at least able to stay on an equal footing with other sectors. That’s thanks largely to defeat of both a bill that would have reduced the sales tax for most industries but not hospitality, and another measure to create a commission to study a minimum wage within the hospitality industry. more
(Updated, 1 p.m.) Bank of America Corp. agreed to pay about $16.7 billion to end federal and state probes into mortgage bond sales, the harshest penalty yet related to loans that fueled the 2008 financial crisis. more
A new Rhode Island law strengthening safety regulations related to the sale of children’s jewelry goes into effect in November. It updates 2012 legislation passed and signed into law requiring all jewelry and charms manufactured in Rhode Island for children aged 12 and younger must meet standards set by the American Society for Testing and Materials. more
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt - a step taken by the Justice Department to give homeowners relief that Congress has failed to provide. more
Sellers of bonds backed by mortgages and auto loans would have to give investors details including the borrowers’ income and credit scores under rules the U.S. Securities and Exchange is poised to consider this week. more
In 2013, the U.S. Department of Health and Human Services adopted sweeping changes to the Health Insurance Portability and Accountability Act of 1996 that substantially altered rules on privacy, security and breach notification, and increased penalty amounts for violations. more
Thanks to a $16.5 million settlement between the federal government and several states, Rhode Island will receive $172,513 for its Medicaid program. more
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