SEC Adopts Whistleblower Program Rules, Proposes Reg. D “Bad Actor” Disqualification

In a 3-to-2 vote, the Commission yesterday adopted rules and forms to implement the whistleblower program under which it will pay eligible individuals for providing evidence of securities law violations that leads to a successful enforcement action. SEC Chair Mary Schapiro noted that the staff had to address a number of tough policy issues in […]

Conn. issues withholding information; corrects error in Table D

Connecticut has released more information on the new withholding tables (see CCH Payroll Management Guide Report Letter 2200, dated May 24, 2011). The information is reproduced in this Report Letter on pages 11—15. In addition, Connecticut has corrected the Withholding Calculation Rules Tables. The error is for one of the thresholds in Table D, Withholding […]

Companies must watch costly accrued vacation issues

The tough job market has chilled job mobility and many employees now remain with their employers for longer periods of time. In addition, the past few years of operating with a reduced workforce has made it challenging for companies to accommodate everyone’s vacation requests. As a result, accrued vacation balances are becoming a larger problem […]

SEC Officials Discuss General Solicitation Ban and 500-Shareholder Limit at Hearing on Capital Formation

Chair Mary Schapiro, in testimony before the House Oversight and Government Reform Committee, advised that the Commission is committed to seeing if the 500-shareholder limit which triggers an issuer’s periodic filing obligation still makes sense. The SEC intends to do a thorough and rigorous analysis of the threshold, which she said will require the gathering […]

Oklahoma amends its UI rules on various topics

Oklahoma has amended its rules under the Oklahoma Employment Security Act as follows: Aggregated data. The rules now define the term “Aggregated Data” to mean statistical data that has been stripped of any information that would identify any particular individual or employer, so that data concerning any specific individual, employer, or claimant cannot be discerned […]

IRS releases draft 2009 Form 8955-SSA

The IRS has posted a draft version of 2009 Form 8955-SSA on its website. Comments on the draft form may be submitted to the IRS on its website. The IRS asks that the word “DRAFT” be included in the comments. The draft Form 8955-SSA, the Social Security Administration’s ERISA Form 8955-SSA 2-D Barcode Standards, IRS […]

Arizona amends its UI law regarding voluntary leaving

Arizona has amended its Employment Security Act as follows: Voluntary leaving. A claimant’s spouse or an unemancipated minor will not be disqualified from receiving benefits if he or she left work to accompany the other spouse or a parent who is a member of the armed services and who is transferred to another locality as […]

Department of Labor web tool helps employers understand OSHA recordkeeping

The DOL has announced a new web tool to help employers understand their responsibilities to report and record work-related injuries and illnesses under Occupational Safety and Health Administration regulations. The OSHA Recordkeeping Advisor helps employers and others responsible for organizational safety and health quickly determine whether an injury or illness is work-related; whether a work-related […]

Longs Drugs, EEOC settle suit for race and gender bias, retaliation against female African-American buyer

Major pharmacy chain Longs Drugs has agreed to pay $55,000 and implement preventive training to settle a Title VII race and sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency advised on May 31, 2011. The commission sued on behalf of an African-American female buyer who had been employed at […]

OSHA cites Multi-Cast Corp. for safety and health violations at foundry; proposed penalties total $178,500

OSHA has cited Multi-Cast Corp. in Wauseon for 13 safety and health violations, including failing to ensure foundry employees wore fire-retardant clothing and protective equipment while working with molten metal. The company faces $178,500 in fines as a result of a November 2010 inspection. “Employers have a responsibility to ensure employees have safe working environments, […]