Work that involves some limited lifting and moving. • Under the Social Security Administration regulations for describing a worker’s physical limitations, light work includes walking, standing, sitting while pushing or pulling arm or leg controls, and lifting no more than 20 pounds, with frequent lifting or carrying of objects that weigh up to 10 pounds. […]
exempt transaction. A sale that falls outside the scope of a certain statute, such as the Securities Act of 1933 or the Securities Exchange Act of 1934. [Cases: Securities Regulation 18.10–18.30. C.J.S. Securities Regulation §§ 62–69, 73.]
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An option to buy or sell a commodity. [Cases: Commodity Futures Trading Regulation 10. C.J.S. Securities Regulation §§ 455, 470.]
A state statute establishing standards for offering and selling securities, the purpose being to protect citizens from investing in fraudulent schemes or unsuitable companies. [Cases: Securities Regulation 248–273. C.J.S. Securities Regulation §§ 3, 374–376, 379–411, 414.]
An agency that reviews cases arising under workers’-compensation statutes and administers the related rules and regulations. — Also termed workers’-compensation commission. [Cases: Workers’ Compensation 1076–1096.10. C.J.S. Workmen’s Compensation §§ 700–729.]
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Investment Advisors Act. A federal statute — administered by the Securities and Exchange Commission — that regulates investment advisers.15 USCA §§ 80b-1 et seq. [Cases: Securities Regulation 223–224. C.J.S. Securities Regulation §§ 360–365.]
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functionality. Trademarks. The quality of having a shape, configuration, design, or color that is so superior to available alternatives that giving the first user exclusive trademark rights would hinder competition. [Cases: Trade Regulation 43. C.J.S. Trade-Marks, Trade-Names, and Unfair Competition §§ 49–50.] aesthetic functionality. A doctrine that denies protection to the design of a product
Office of Special Counsel. An independent federal agency that investigates activities prohibited by the civil-service laws, rules, and regulations and, if the investigation warrants it, litigates the matter before the Merit Systems Protection Board. • The agency was established by Reorganization Plan No. 2 of 1978. — Abbr. OSC.
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A fine assessed for a violation of a statute or regulation [ the EPA levied a civil penalty of $10,000 on the manufacturer for exceeding its pollution limits].
contravene (kon-tr[schwa]-veen), vb. 1. To violate or infringe; to defy (the soldier contravened the officer’s order, and then went AWOL). 2. To come into conflict with; to be contrary to (the court held that the regulation contravenes public policy).