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"Even without this pilot," she said, "we would hope that Finra would agree that the immediate removal of the mandatory industry arbitrator is a critical step toward restoring investor confidence in the fairness of the securities arbitration process".
Politicians demand that university funding be coupled to applied research programmes, mostly with mandatory industry participation.
Investor advocates have long-complained about FINRA's mandatory industry arbitrator, and they are trying to do something about it.
In the meantime, Mexican officials plan to start the first phase of mandatory industry reporting by the end of 2004.
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Government and state regulations are mandatory while industry regulations are suggestions.
In 1933, during a hearing on a law that helped establish mandatory audits, an industry spokesman told Congress that auditors were fully independent from the accounting staffs of their clients.
However, accountants demanded compensation for the added accountability: the policy led to a 13% increase in audit fees.Conspicuously absent from the American proposals is the idea that would most incense the industry: mandatory audit rotation.
In 2009, for example, the F.D.A. received 907 mandatory reports from industry about possible adverse events involving all dietary supplements and weight-loss aids, a very large category of products that includes both larger energy drinks and smaller energy shots.
A1 New Policy on Workplace Safety The Bush administration unveiled a new workplace safety policy that requires no mandatory steps by industry and instead relies on voluntary actions by companies to reduce injuries from repetitive motions on the job.
The Bush administration unveiled a new workplace safety policy today that calls for no mandatory steps by industry and instead relies on voluntary actions by companies to reduce injuries from repetitive motions on the job.
Some interviewees (3 out of 20) considered that certification would become a mandatory requirement or industry standard, and that this would be the only viable motivation for certification given that the financial benefits were potentially limited.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com