Search Results for keywords:"regulatory language"

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Search Results: keywords:"regulatory language"

  • Type:Notice
    Citation:89 FR 106675
    Reading Time:about 31 minutes

    Cboe BZX Exchange, Inc. has proposed a new rule to adopt fees for its new logical ports, which are linked to a new connectivity option on its equity options platform. These new logical ports, known as Unitized Logical Ports, provide a more consistent experience in trading by reducing the variability in how orders are processed. The proposal also includes new fees for members who exceed certain daily average limits for orders or quotes, aiming to encourage efficient use of the exchange's resources and prevent excessive activity that could disrupt systems. The changes are optional, with the goal of providing members with more trading flexibility.

    Simple Explanation

    Cboe BZX Exchange wants to add some new types of connections, like special cables, for people who trade on its platform, and they plan to charge extra if someone uses too many. It's like a rule that helps make sure everyone gets a fair chance to play, but it might be a bit tricky for smaller players.

  • Type:Proposed Rule
    Citation:90 FR 11594
    Reading Time:about 6 minutes

    The Postal Regulatory Commission has acknowledged a filing by the Postal Service that requests a new rulemaking process to establish Fulfillment Non-Published Rates, which are new specialized postal products. The proposal aims to streamline the process for offering discounts on certain shipping services like Priority Mail by using standard contract templates. Interested parties can submit comments on this proposal until March 12, 2025. Arif Hafiz has been appointed to represent the public's interest in these proceedings.

    Simple Explanation

    The Postal Service wants to create new special mail deals that are not shown on the price list, and they're inviting people to comment on whether this is a good idea, but there are only two days to share thoughts.

  • Type:Notice
    Citation:86 FR 11052
    Reading Time:about 7 minutes

    The Pipeline and Hazardous Materials Safety Administration (PHMSA) of the Department of Transportation has issued a notice asking for public comments on three sets of information collections related to the transportation of hazardous materials. This request is part of a process where PHMSA seeks to renew these collections with the Office of Management and Budget under the Paperwork Reduction Act of 1995. The notice provided details on current and upcoming reporting requirements for various entities involved in the handling and transportation of hazardous materials. Comments must be submitted by April 26, 2021, and can be sent through several methods, including online, fax, mail, or hand delivery.

    Simple Explanation

    The Department of Transportation wants to make sure that the rules for moving dangerous stuff are still good, so they are asking people to tell them what they think by April 26, 2021. They will use these comments to help decide if any changes are needed.

  • Type:Rule
    Citation:86 FR 11622
    Reading Time:about a minute or two

    The Federal Open Market Committee has updated its internal rules to use gender-neutral terms. Previously, they used "Chairman" and "Vice Chairman," but now they will use "Chair" and "Vice Chair." This amendment aligns their language with current practice. This change is internal and doesn't require public notice or comment.

    Simple Explanation

    The Federal Open Market Committee decided to change the words they use for their leaders from "Chairman" and "Vice Chairman" to "Chair" and "Vice Chair" so everyone feels included. This doesn't change anything else about their work, and they didn't need to ask anyone's permission to do this.

  • Type:Notice
    Citation:86 FR 8634
    Reading Time:about 29 minutes

    The U.S. Environmental Protection Agency (EPA) has announced plans to submit Information Collection Requests (ICRs) for review and approval in line with the Paperwork Reduction Act (PRA). They are requesting public feedback on aspects of these proposed information collections. These ICRs, which are extensions of currently approved ones, involve various industrial sectors, such as sulfuric acid manufacturing and polymeric coating of substrates, and cover topics like emissions standards and recordkeeping requirements. Public comments are invited by April 9, 2021.

    Simple Explanation

    The EPA wants to hear what people think before they send some important paperwork requests to the review office. They're checking if the rules to keep air clean are still good and want to make sure they aren't making too much work for people.

  • Type:Notice
    Citation:89 FR 97155
    Reading Time:about 5 minutes

    The Social Security Administration (SSA) is asking for public feedback on its information collection processes that require approval from the Office of Management and Budget (OMB). They are seeking comments on aspects like the accuracy of their burden estimates, the necessity of the information, and ways to improve the process while minimizing the burden on respondents. The listed information collections include forms and procedures related to Social Security disability claims and Supplemental Security Income (SSI), which are used to assess claimant eligibility and manage the application process. Comments on these collections should be submitted by specific dates to be considered.

    Simple Explanation

    The Social Security Administration wants people to share their thoughts on how they collect information to see if it's done in a helpful way without causing too much work for everyone. This feedback will help them decide if their forms and processes need any changes.

  • Type:Notice
    Citation:86 FR 11568
    Reading Time:about 7 minutes

    The Securities and Exchange Commission received a proposed rule change from ICE Clear Europe to amend Part BB of its Delivery Procedures, specifically concerning Containerised White Sugar futures contracts. The amendment aims to clarify the delivery specifications by stating that these contracts apply to sugar from any origin that is current as of the first day of the delivery period. ICE Clear Europe believes these changes will improve the identification process for sugar eligible for delivery without impacting the competition dynamics among market participants. No external comments on the proposed changes have been solicited or received.

    Simple Explanation

    ICE Clear Europe is changing some rules about sugar delivery in a way that everyone can easily know which sugar is okay to use. These new rules won't change how businesses compete with each other, and they will start right away.

  • Type:Rule
    Citation:86 FR 11408
    Reading Time:about 16 minutes

    The Federal Aviation Administration (FAA) has issued a new rule replacing a previous Airworthiness Directive (AD) concerning specific models of Leonardo S.p.A. helicopters. This new AD requires ongoing inspections and maintenance of the tail rotor duplex bearing to ensure the safety and stability of the aircraft. The rule, effective April 1, 2021, anticipates monitoring for any unsafe conditions in these helicopters due to incorrect installations that could lead to loss of control. It sets forth clear procedures operators must follow to comply with these requirements, including removing specific parts if defects are found.

    Simple Explanation

    The FAA is making sure that helicopters from a company called Leonardo stay safe by having people check and fix some important parts regularly. This is to prevent any problems that might make the helicopters not work well or safely.

  • Type:Notice
    Citation:86 FR 7135
    Reading Time:about 10 minutes

    The Securities and Exchange Commission has published a notice regarding a proposed rule change submitted by NYSE Arca, Inc. This change involves updating the fee schedule by eliminating charges and credits related to Self Trade Prevention Modifiers and Market Data Revenue Sharing Credits, as both have become obsolete. The proposal is intended to streamline the fee schedule for clarity and does not introduce any new fees. The SEC invites public comments on this proposal, encouraging interested individuals to submit their opinions by February 16, 2021.

    Simple Explanation

    NYSE Arca, a company that helps people buy and sell stocks, wants to make its rule book simpler by taking out some old fees and credits that aren't needed anymore. The people in charge want to know what others think, so they've asked for comments.

  • Type:Notice
    Citation:89 FR 101678
    Reading Time:about 6 minutes

    MIAX Sapphire, LLC, an exchange, filed a Minor Rule Violation Plan (MRVP) with the Securities and Exchange Commission. This plan allows the exchange to handle minor rule violations internally, imposing fines up to $2,500 without needing formal disciplinary proceedings, provided they report these violations to the Commission quarterly. The Commission approved this plan, stating it supports efficient enforcement while maintaining compliance with important regulations. The MRVP includes certain rule violations that don't warrant formal proceedings, giving MIAX Sapphire flexibility in its enforcement actions.

    Simple Explanation

    Imagine a club where, if someone does something small and wrong, they don't get into huge trouble. Instead, the club can give them a small timeout or fine so everyone can play fair. MIAX, a group that helps people trade stocks, has a rule like this. The people in charge said, "Yep, that's okay," because it helps keep things running smoothly and fair.