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Regulations

  • Type:Notice
    Citation:90 FR 15489
    Reading Time:about 14 minutes

    This document is a notice from the Securities and Exchange Commission regarding a proposed change by NYSE American LLC to their transaction fees and credits on the NYSE American Equities Price List. The proposed changes involve amending the fees for Electronic Designated Market Makers (eDMMs) who agree to certain conditions for providing liquidity in assigned securities. To encourage more quoting and liquidity provision, the Exchange is offering a new higher monthly rebate of $1,250 per assigned security for eDMMs meeting specific quoting thresholds. The Commission is seeking public comments on these changes, which are intended to make the marketplace more competitive by attracting more order flow.

    Simple Explanation

    The Securities and Exchange Commission is talking about some new rules for a group that helps with buying and selling stocks. They want to give these helpers more money if they do a really good job and make it easier for people to trade.

  • Type:Notice
    Citation:90 FR 15492
    Reading Time:about 13 minutes

    The Securities and Exchange Commission (SEC) announced that due to expected collections exceeding the planned budget of $2,188,658,000 for fiscal year 2025, the transaction fee rate under sections 31(b) and (c) of the Securities Exchange Act will be adjusted to $0.00 per million dollars. This adjustment comes into effect on May 14, 2025. The methodology for calculating the new fee rates, which were initially supposed to offset the SEC's appropriation by Congress, is detailed in the document's Appendix A. Despite financial calculations suggesting a negative fee rate, such a rate is not possible, so it has been rounded to zero.

    Simple Explanation

    The SEC collected more money than they needed, so they made the fee for dealing with large amounts of money into zero dollars, so it won't cost anything extra for those transactions for a while.

  • Type:Rule
    Citation:90 FR 15401
    Reading Time:about 21 minutes

    The Coast Guard has established 55 temporary safety zones around the construction of wind energy facilities for the Empire Wind 1 project, located offshore from Long Island, New York. These zones, each extending 500 meters from the facility's center point, aim to protect life, property, and the environment during construction, which may begin as early as March 2025 and continue through February 2028. During enforcement, only authorized vessels are allowed within these safety zones, and mariners will be notified of enforcement periods through various communication channels. This action was implemented following regulatory processes and public comments, focusing solely on safety rather than the wind energy projects themselves.

    Simple Explanation

    The Coast Guard is making special areas in the ocean near New York safe while workers build new windmills; only certain boats can go there to make sure everyone stays safe.

  • Type:Notice
    Citation:90 FR 15457
    Reading Time:about 6 minutes

    The Federal Energy Regulatory Commission (FERC) is asking for public comments on the renewal of a current information collection, known as FERC-725D, which involves standards for energy facilities' design and maintenance. They are also transferring two specific standards related to vegetation management and facility ratings (FAC-003-5 and FAC-008-5) to this collection. Comments are due by May 12, 2025, and can be submitted electronically or by mail. The goal is to improve the reliability of the electric grid and ensure the safety and performance of energy facilities.

    Simple Explanation

    The energy people are asking for help to make sure the places where we get electricity are safe and work well. They want ideas from everyone on how they can do that better.

  • Type:Notice
    Citation:90 FR 15464
    Reading Time:about 5 minutes

    The Department of Defense (DoD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA) are looking for public input on extending the approval for collecting information related to change order accounting and notifications of changes. This is part of ensuring that these processes are necessary for efficient federal acquisitions and to minimize the burden on respondents. The agencies are asking if the information collected is useful, if the burden estimates are accurate, and how to improve data quality while reducing collection burdens. Comments are open until June 10, 2025, and submissions can be made through the specified government website.

    Simple Explanation

    The DoD, GSA, and NASA want to know if the way they ask people for information when making changes to projects is good and helpful. They also want to make sure it's easy for people to give them this information and are asking for ideas on how to make it better.