March 30, 2011
On March 30, 2011 partner David E. Frulla testified at the House Committee on Small Business hearing, "Reducing Federal Agency Overreach: Modernizing the Regulatory Flexibility Act," to discuss the Regulatory Flexibility Act (RFA) and the benefits that federal agency RFA compliance can have for small entities, including small businesses, non-profit organizations, and local governments. Mr. Frulla's remarks focused first on a review of the RFA's major requirements and purposes. He then explained how the RFA can help small business through practical examples, and concluded with recommendations for needed improvements.
On the financial realities that may challenge initiatives meant to strengthen the RFA, Frulla noted, "While I recognize the budgetary realities of the times...an ounce of prevention can truly be worth a pound of cure."
Mr. Frulla's testimony before the Committee may be found here.
For more information on the Regulatory Flexibility Act and proposed regulatory reform initiatives more generally, please see Mr. Frulla's advisory "The A-B-C's of Reg Reform: What You Should Know to Participate Effectively in the Debate."
Click here for information on Kelley Drye's regulatory reform roundtable discussion in our Washington, D.C. office on Thursday, April 7th. To register, email email@example.com or contact Alexandra Meaza at 202.945.6674.