Search Results for keywords:"payment process"

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Search Results: keywords:"payment process"

  • Type:Rule
    Citation:90 FR 14206
    Reading Time:about 5 minutes

    The U.S. Copyright Office has issued a new rule that requires all royalty fees submitted to the Copyright Office to be paid using Pay.gov. This rule affects cable operators, satellite carriers, and manufacturers and importers of digital audio recording devices who are required to pay these fees. The purpose of this change is to streamline the payment process and make it more convenient for users, as well as to eliminate redundant payment methods. The rule goes into effect on April 30, 2025, and tutorials on how to use Pay.gov are available on the Copyright Office's website.

    Simple Explanation

    The Copyright Office made a new rule that says people who need to pay money for using books, movies, or songs must do it online using a website called Pay.gov. This rule will start working on April 30, 2025, and it’s supposed to make paying easier for everyone.

  • Type:Notice
    Citation:89 FR 103030
    Reading Time:about 14 minutes

    The New York Stock Exchange (NYSE) has proposed a change to Rule 309, which aims to simplify the payment process for member organizations by allowing the exchange to directly debit undisputed or final fees from their accounts at the National Securities Clearing Corporation. Organizations have the option to opt-out and set up alternative payment methods. This new method is intended to ease administrative burdens and reduce overdue account balances. Additionally, a $10,000 threshold is set for disputes before debiting occurs, providing time for members to address potential billing errors.

    Simple Explanation

    The New York Stock Exchange wants to make it easier for member companies to pay their bills by taking the money directly from their bank, just like when mom or dad pay for things automatically. Companies don’t have to do this if they don’t want to and can choose a different way to pay if they say so.