Search Results for keywords:"reporting obligations"

Found 3 results

Search Results: keywords:"reporting obligations"

💰 Only
Oldest Newest
  • 2021-02778 — Self-Regulatory Organizations; Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Rule 11.600 Series, the Exchange's Compliance Rule Regarding the National Market System Plan Governing the Consolidated Audit Trail
    💰
    Type:Notice
    Citation:86 FR 9092
    Reading Time:about 28 minutes

    The Investors Exchange LLC (IEX) has proposed amendments to its compliance rules related to the National Market System Plan Governing the Consolidated Audit Trail to align with an exemption granted by the Securities and Exchange Commission (SEC). This proposal aims to streamline how allocation reports are submitted, focusing on reporting responsibilities for brokers involved in trade allocations. The changes intend to simplify the process by shifting certain reporting obligations from executing brokers to clearing brokers, especially when brokers do not have enough information to complete allocation reports. This amendment is designed to enhance efficiency and reduce unnecessary burdens on brokers while ensuring regulatory compliance.

    Simple Explanation

    The Investors Exchange is changing some rules to make it easier for certain people, like brokers, to share important information about buying and selling stocks. This makes it less of a hassle for some brokers, so they don’t have to do as much work to report this information.

  • 2025-03173 — Statutory Cable, Satellite, and DART License Reporting Practices
    Type:Rule
    Citation:90 FR 10856
    Reading Time:about a minute or two

    The U.S. Copyright Office has issued a clarification regarding the compliance date for certain reporting obligations related to royalty reporting practices of cable operators. Initially, the compliance was supposed to start with the filing deadline of March 1, 2025, but it has been pushed to August 29, 2025. This decision is due to the fact that the new Statement of Account (SOA) form and instructions are not ready yet. This change impacts reports covering the period from January 1 to June 30, 2025.

    Simple Explanation

    The U.S. Copyright Office is telling cable companies that they have extra time to get ready for new rules about reporting payments for using TV shows and movies because the forms they need aren't ready yet. They now have until the end of August 2025 to start following these rules.

  • 2025-05349 — Agency Information Collection Activities; Proposed Renewal; Comment Request; Renewal Without Change of Reporting Obligations on Foreign Bank Relationships With Iranian-Linked Financial Institutions Designated Under IEEPA and IRGC-Linked Persons Designated Under IEEPA
    💰
    Type:Notice
    Citation:90 FR 14183
    Reading Time:about 29 minutes

    The Financial Crimes Enforcement Network (FinCEN), part of the Treasury Department, is asking for public comments on their plan to renew a rule without changes. This rule requires U.S. banks to gather and report information about financial dealings with specific foreign banks that may do business with Iranian-linked institutions or people associated with the Islamic Revolutionary Guard Corps (IRGC). FinCEN's aim is to continue enforcing these information collections to help monitor and regulate financial activities, with the ultimate goal of preventing money laundering and terrorism financing. The request for comments is in line with efforts to reduce paperwork and examine the burden these regulations place on both U.S. and foreign banks.

    Simple Explanation

    FinCEN, a part of the U.S. government, wants to keep a rule that asks U.S. banks to check if foreign banks they're connected with are doing business with some Iranian groups. They're asking people to share their thoughts on how this rule affects banks and might help catch bad guys moving money.