Regulatory agencies pursue compliance in all economic cycles

摘要

Do you sometimes feel like you're drowning in acronyms associated with both local and state governments - OSHA, DOT, EPA, DOE, ATF, NRC, IRS, DOL, SEC? Unfortunately, that feeling is reality. As we continue to deal with the soft business environment, we must also carry on dealing with the never-ending regulatory issues that face our industry. Just because your businesses are depressed from a utilization and revenue standpoint, the industry agencies continue to inspect, regulate and require the same (if not more in some instances) level of compliance, inspection and reporting.