New Executive Order Calls for Retrospective Review of FTC Regulations

President Obama signed an Executive Order which supplements his Executive Order on Regulatory Review (13563) by calling on independent agencies, including the FTC, to

consider how best to promote retrospective analysis of rules that may be outmoded, ineffective, insufficient, or excessively burdensome, and to modify, streamline, expand, or repeal them in accordance with what has been learned.  Such retrospective analyses, including supporting data and evaluations, should be released online whenever possible.

 It should be noted that the White House already has the authority to review virtually all independent agency regulations prior to their issuance.  Although the new Excecutive Order is a promising start to centralized review of independent agency regulations, it falls short of the bold plan for such review put forth by CRE which may be found here.

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