391 research outputs found

    On the formation of Dodd-Frank Act derivatives regulations

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    Following the 2007-2009 financial crisis, governments around the world passed laws that marked the beginning of new period of enhanced regulation of the financial industry. These laws called for a myriad of new regulations, which in the U.S. are created through the so-called notice-and-comment process. Through examining the text documents generated through this process, we study the formation of regulations to gain insight into how new regulatory regimes are implemented following major laws like the landmark Dodd-Frank Wall Street Reform and Consumer Protection Act. Due to the variety of constituent preferences and political pressures, we find evidence that the government implements rules strategically to extend the regulatory boundary by first pursuing procedural rules that establish how economic activities will be regulated, followed by specifying who is subject to the procedural requirements. Our findings together with the unique nature of the Dodd-Frank Act translate to a number of stylized facts that should guide development of formal models of the rule-making process.National Science Foundation Grant No. 163315

    Three-Component System of Language Planning: A Case Study Tuvan, Kalmyk and Karelian

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    The review of existing approaches to the study of the problem of language planning is carried out. The features of the implementation of its main aspects are studied. The definitions of the term “language planning” in domestic and foreign sociolinguistics are compared. The activity of actors is studied at the macrolevel and microlevel of language planning. Attention is paid to the goals of language planning, which include not only work on changes in the areas of language use, but also counteraction to the speech shift, which can ultimately lead to the death of the language. Language planning is viewed as a combination of three main areas: status planning, corpus planning and planned language acquisition. The article presents the results of a comparative analysis of these components in relation to some of the title languages of the Russian Federation: Tuvan, Kalmyk and Karelian. It is argued that prestigious planning is the foundation for successful language fore-casting. The importance of considering both social and political components in language forecasting is emphasized. The relevance of the study is due to the need to create a base for the subsequent linguistic forecast, which is impossible without an analytical assessment of the existing linguistic situation

    The flash crash: The impact of high frequency trading on an electronic market

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    The Flash Crash, a brief period of extreme market volatility on May 6, 2010, raised questions about the current structure of the U.S. financial markets. We use audit-trail data to describe the structure of the E-mini S&P 500 stock index futures market on May 6. We ask three questions. How did High Frequency Traders (HFTs) trade on May 6? What may have triggered the Flash Crash? What role did HFTs play in the Flash Crash? We conclude that HFTs did not trigger the Flash Crash, but their responses to the unusually large selling pressure on that day exacerbated market volatility

    Transient Activation of Meox1 Is an Early Component of the Gene Regulatory Network Downstream of Hoxa2

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    Hox genes encode transcription factors that regulate morphogenesis in all animals with bilateral symmetry. Although Hox genes have been extensively studied, their molecular function is not clear in vertebrates, and only a limited number of genes regulated by Hox transcription factors have been identified. Hoxa2 is required for correct development of the second branchial arch, its major domain of expression. We now show that Meox1 is genetically downstream from Hoxa2 and is a direct target. Meox1 expression is downregulated in the second arch of Hoxa2 mouse mutant embryos. In chromatin immunoprecipitation (ChIP), Hoxa2 binds to the Meox1 proximal promoter. Two highly conserved binding sites contained in this sequence are required for Hoxa2-dependent activation of the Meox1 promoter. Remarkably, in the absence of Meox1 and its close homolog Meox2, the second branchial arch develops abnormally and two of the three skeletal elements patterned by Hoxa2 are malformed. Finally, we show that Meox1 can specifically bind the DNA sequences recognized by Hoxa2 on its functional target genes. These results provide new insight into the Hoxa2 regulatory network that controls branchial arch identity.BBSRC grant: (BB/E017355/1); Manchester Academic Health Science Centre; Manchester NIHR Biomedical Research Centre; FCT grant: (PTDC/BIA-BCM/71619/2006); Centro de Biologia do Desenvolvimento grant: (POCTI-ISFL-4-664)

    International Legal Aspects of Control of Trafficking in New Psychoactive Substances

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    Aim. To analyze relevant provisions of the main national and international regulatory legal acts in the field of monitoring and control of new potentially dangerous substances.Tasks. To study the current legal regulation of legal and illicit trafficking of new psychoactive substances in the Russian Federation and the EAEU states. To examine new amendments in the legislation of the European Union regulating the substances traffic control and illicit traffic countering. To provide an overview of the procedures of new psychoactive substances scheduling under the International Drug Control Conventions. To formulate proposals for improving the national and international anti-drug legislation.Methods. The methods of logical and comparative legal analysis, as well as the legal prediction method have been used in this article.Results. The legislation of the EAEU countries in the field of the control of the legal and illicit trafficking of new psychoactive substances needs to be improved and harmonized. The substances scheduling procedures under the international drug control conventions in the EU and the UN are very difficult multi-stage and excessively long. The timing of adoption of new regulatory acts certainly does not correspond to the potential danger of uncontrolled trafficking of new potentially dangerous psychoactive substances for public health.Conclusion. The penalties under Art. 234.1 of the Russian Federation Criminal Code “Illicit trafficking of potentially dangerous psychoactive substances” should be toughened. The legal procedure for forming the state Register of new psychoactive substances must be changed. In the EAEU countries, it should be necessary to make agreement at the interstate level about a uniform approach to the introduction and content of criminal justice responses to the illicit trafficking of new psychoactive substances. In the EU countries and in the frame of the UN, the scheduling procedure under international drug control should be changed regarding new psychoactive substance. All such substances of this kind should be included in a Special Annex for which certain agreed control measures would be prescribed, with the possibility of subsequent expert evaluation of the potential danger of the substance to individual and public health. These established control measures in the fut ure might be toughened or reduced based on the WHO Expert Committee on Drug Dependence critical review and the Commission on Narcotic Drugs (CND) position

    Legal Regulation of Electronic Voting Technologies in Kazakhstan

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    The article dwells on the experience of the elections in Kazakhstan the technology of electronic voting. The authors analyze the evolution of the implementation of the new technology voting and the reasons of temporary rejection of her

    ДОСЛІДЖЕННЯ З ВИЗНАЧЕННЯ ЯКОСТІ ВИКОНАНИХ БУДІВЕЛЬНИХ РОБІТ ОЗДОБЛЮВАЛЬНОГО ПОКРИТТЯ

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    This article considers the issues of forensic structural engineering examination to determine the quality of finishing works. The procedure for carrying out these works has been characterized, attention has been paid to building regulations and rules regarding the execution and acceptance of works on finishing coatings. The mandatory requirements for their quality are given and described. The process of forensic structural engineering conduct has been determined and the main problems and issues that arise while establishing the quality of work performed has been outlined. The main technical characteristics of the construction work on the implementation of the finishing coating, their characteristics are provided. A list of needed documents that are properly executed when ordering the execution of a finishing coating is discussed. Since in practice while conducting forensic structural engineering to determine the quality of finishing works, as well as during surveys, difficulties arise in their production. After all, quality control in construction includes obtaining factual data and comparing them with the established characteristics. The problem of checking the work performed is also considered. Attention is paid to the problem of conducting surveys on such works in order to correctly diagnose and identify technical characteristics of the works being carried out. The principles of conformity assessment are presented, for instance, the functional approach includes such processes as: selection, determination, review and type approval. The main approaches while examining conducted works are revealed. The description of peculiarities when accepting finishing works, as well as mistakes made by builders in performing such works are considered.У цій статті розглянуто питання щодо проведення будівельно-технічної експертизи з визначення якості оздоблювальних робіт. Надано характеристику порядку проведення цих робіт, приділено увагу будівельним нормам і правилам, що стосуються виконання та приймання робіт з оздоблення. Наведено обов’язкові вимоги, що висуваються до якості таких робіт. Описано процес проведення будівельно-технічної експертизи й основні проблеми та питання, які виникають під час визначення якості виконаних робіт. Наведено основні технічні особливості проведення оздоблювальних будівельних робіт, їх характеристики, перелік необхідних документів, які потрібно оформлювати під час замовлення оздоблювального покриття. Розглянуто таку проблему, як перевірка якості виконаних робіт. Приділено увагу проблемі з проведення обстежень таких робіт для правильного діагностування та виявлення технічних характеристик проведених робіт

    Educational Planning in Context of Yakut, Kalmyk, and Karelian Languages

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    This article examines one component of language planning — educational planning. The main elements and indicators of this type of planning were identified. The authors discuss issues related to educational planning in three republics of the Russian Federation. The study was conducted based on the materials of the Kalmyk, Karelian, and Yakut languages. The aim of the research was to analyze educational planning as a set of existing opportunities for language learning. One of the objectives was to determine the scope and directions of activity in educational language planning. The second objective was to provide an overview of educational planning based on the materials of the Karelian, Kalmyk, and Yakut languages in synchrony and diachrony. The third objective was to analyze educational language planning according to our identified criteria and clarify the prestige of languages in the perception of speakers as a motivational factor for their study. To achieve this, the results of field research conducted in the three republics in 2021-2022 were analyzed. As a result of the study, it was concluded that the ethnic self-awareness of respondents is at a high level, and the symbolic significance of national languages is significant. However, there is a tendency towards a decrease in the number of individuals interested in studying their native (national) language in school education

    ЕКСПЕРТНЕ ДОСЛІДЖЕННЯ ІЗ ВИЗНАЧЕННЯ ЯКОСТІ ВХІДНИХ МЕТАЛЕВИХ ДВЕРЕЙ

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    The article outlines the mandatory quality requirements for manufactured and installed metal entrance shockproof doors, which should ensure the safety of life, health and property of citizens. The main technical features of these designs and their characteristics are presented. The problem of quality control is considered, since quality is a guarantee of reliability and a guarantee that doors will serve for a long time and reliably. The installation of high-quality "armored" doors will not only protect housing from unauthorized penetration, but also help to isolate the premise from the external environment; therefore in the problem of selecting entrance metal doors, an important place is occupied by the issue of heat and sound insulation. While choosing a good metal door, every detail should be taken into account. The quality of the goods and safety of the premise directly depend on all design components. The article raises such a topical issue as the establishment of quality works on manufacture, storage, transportation and mounting of entrance metal shockproof doors while performing forensic construction and technical examination. The technical characteristics of building materials that can be used in this case are presented. The authors also pointed out that it is very important to resolve disputes on this type of researches, so this is the availability of technical documentation. All data about the product should be included in this documentation up to the information on transportation and storage, since this information will much facilitate the work of experts in the future. After all, the establishment of the quality of this type of products is a fairly complex and time-consuming process. While determining the quality, all details are important, starting from the quality of the used building materials, the works on manufacturing of the door blocks, their storage and transportation conditions, and finishing the placing (mounting).Изложены обязательные требования к качеству изготовленных и установленных входных металлических противоударных дверей, которые должны обеспечивать безопасность жизни, здоровья и имущества граждан. Приведены основные технические особенности этих конструкций, их характеристики. Рассмотрена проблема проверки качества, поскольку качество это гарантия надежности и гарантия того, что двери будут служить долго и надежно. Установка качественных «бронированных» дверей не только обеспечит защиту жилья от несанкционированного проникновения, но и поможет изолировать помещение от внешней среды, а поэтому в проблеме выбора входных металлических дверей, важное место занимает вопрос тепло- и звукоизоляции. При выборе хороших металлических дверей следует учитывать каждую деталь. От всех составляющих конструкции непосредственно зависит качество товара и безопасность помещения. В статье поднимается такая насущная проблема как установление качества работ по изготовлению, хранению, транспортировке и монтажу входных металлических противоударных дверей при проведении строительно-технической экспертизы. Приводятся технические характеристики строительных материалов, которые могут быть при этом использованы. А также указано на то, что очень важно для разрешения споров по этому виду исследований, так это наличие технической документации. В нее должны быть внесены все данные об изделии, вплоть до сведений о транспортировке и хранении, поскольку эти сведения в последующем намного облегчат работу экспертов. Ведь определение качества этого вида изделий является достаточно сложным и трудоемким процессом. При определении качества важны все детали, начиная от качества применяемых строительных материалов, самих работ по изготовлению дверных блоков, их условиями хранения и транспортировки и заканчивая установкой (монтажом).Викладено обов’язкові вимоги до якості виготовлених і встановлених вхідних металевих протиударних дверей, які повинні забезпечувати безпеку життя, здоров’я та майна громадян. Наведено основні технічні особливості цих конструкцій, їх характеристики
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