What is a "significant regulatory action"?
A) A rule to control risk in financial markets.
B) A rule with an annual effect on the economy of $100 million or more.
C) A rule that gives the federal government wide power to regulate business.
D) A rule to bring "Relief,Recovery,and Reform."

Question

Quizplus · Accepted Answer

According to Executive Order 12866, a "significant regulatory action" is defined as a regulatory action that has an annual effect on the economy of $100 million or more or adversely affects in a material way the economy, a sector of the economy, productivity, competition, jobs, the environment, public health or safety, or state, local, or tribal governments or communities.

What Is a "Significant Regulatory Action