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Regulations

  • Type:Rule
    Citation:90 FR 15306
    Reading Time:about 15 minutes

    The Federal Aviation Administration (FAA) has issued a new rule updating an Airworthiness Directive (AD) for Airbus Helicopters Model H160-B due to concerns about the axial play of the rotating scissors spherical bearings. This updated directive requires additional inspections, extends the list of affected helicopter parts, and outlines reporting requirements for inspection outcomes. This rule is essential for maintaining helicopter safety, with the new compliance measures coming into effect on April 25, 2025. The FAA has made these changes in response to updates from the European Union Aviation Safety Agency, ensuring alignment with international safety standards.

    Simple Explanation

    The FAA, a safety group for flying things, wants to make sure all parts of certain helicopters, called Airbus H160-B, work really well so they won't break. They’re asking for extra checks and reports to make sure everything is safe and working properly.

  • Type:Notice
    Citation:90 FR 15384
    Reading Time:about 19 minutes

    The National Highway Traffic Safety Administration (NHTSA) is seeking public comments on its plan to extend and modify a currently approved information collection related to crash data studies. These studies include the Crash Investigation Sampling System (CISS) and Special Crash Investigation (SCI), aimed at enhancing motor vehicle and highway safety data collection. NHTSA intends to increase the number of data collection sites and expand its focus to include more types of crashes, such as those involving non-motorists and large vehicles. The agency estimates the total annual burden for respondents to be 17,521 hours, with no associated costs beyond labor.

    Simple Explanation

    The National Highway Traffic Safety Administration wants to see what people think about their plan to learn more about car accidents. They want to study more car crashes in different places, including ones with big trucks and people walking or biking.

  • Type:Notice
    Citation:90 FR 15257
    Reading Time:about 3 minutes

    The Bureau of Reclamation, part of the Interior Department, announced a request for public comments on a proposed renewal and revision of an information collection under the Paperwork Reduction Act of 1995. This collection relates to applications for their Technical Service Center Summer Intern Program, aiming to recruit eligible students. The Bureau is particularly interested in public input on the necessity, accuracy, and potential improvements of the information collection process. Public comments will be considered and potentially made public, and the deadline for submissions is June 9, 2025.

    Simple Explanation

    The Bureau of Reclamation wants to ask people what they think about a form for students who are applying for a summer job program. They are trying to see if this form is good and want ideas to make it better.

  • Type:Notice
    Citation:90 FR 15266
    Reading Time:about 47 minutes

    The Securities and Exchange Commission is reviewing a proposal by Cboe BZX Exchange, Inc. to list and trade shares of the Fidelity Solana Fund. This fund will invest in Solana, a type of cryptocurrency, without needing a surveillance-sharing agreement with a market of significant size for monitoring. The proposal aims to offer U.S. investors a transparent and regulated option to invest in Solana, possibly reducing risks like price manipulation and high management fees. The SEC is seeking comments from the public and plans to decide on approval within 90 days.

    Simple Explanation

    The government is thinking about letting a company called Cboe BZX Exchange sell special shares that let people invest in a type of digital money called Solana. They want people to safely invest without worrying about sneaky tricks, and are asking everyone if they think it's a good idea.

  • Type:Notice
    Citation:90 FR 15274
    Reading Time:about 84 minutes

    The Securities and Exchange Commission (SEC) has approved a proposal by the Options Clearing Corporation (OCC) to implement a new margin add-on charge aimed at reducing risks from short-dated options trading and intraday activities. This charge will be applied to all clearing member accounts to ensure sufficient financial resources are available to cover credit exposure. The decision comes as a response to the significant increase in trading volume and the associated risks that were not fully addressed under the previous margin system. Despite some industry concerns about potential impacts on competition, the SEC determined that the changes are necessary to safeguard securities and funds while ensuring fair competition.

    Simple Explanation

    The government has approved a new rule where people who trade lots of options, which are like special contracts, will need to have a little extra money set aside. This is to make sure there's enough money to cover their bets, like having extra backup in case something unexpected happens.