Search Results for keywords:"regulation compliance"

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Search Results: keywords:"regulation compliance"

  • Type:Notice
    Citation:90 FR 9470
    Reading Time:about 98 minutes

    On January 24, 2025, NYSE Arca filed a proposed rule change with the Securities and Exchange Commission to list and trade shares of the Grayscale Solana Trust, which deals with Solana cryptocurrency, under specific trading rules. This proposal aims to institute a new way for people to securely invest in Solana via a regulated exchange. The Grayscale Solana Trust, governed by a sponsor and custodian, is structured to prevent fraud and ensure fair pricing. The SEC is currently reviewing the proposal and seeking public comments to evaluate its compliance with regulations designed to protect investors and maintain market integrity.

    Simple Explanation

    Imagine a treasure chest where people can safely keep their shiny Solana coins, a type of digital money, at a special place called NYSE Arca. They want to make this treasure chest really safe and fair, so they are asking some smart people, like the SEC, to make sure everything is okay before they open it for everyone to use.

  • Type:Notice
    Citation:89 FR 99858
    Reading Time:about 3 minutes

    The Environmental Protection Agency (EPA) is extending its request for public comments regarding the renewal of the New Source Performance Standards (NSPS) for Electric Utility Steam Generating Units. This involves collecting information to ensure compliance with regulations that apply to facilities generating more than 73 megawatts of heat from fossil fuels. Public comments can be submitted until January 9, 2025. The estimated annual burden for companies affected by this rule is 171,000 hours and $37.1 million, covering operational, maintenance, and compliance-related activities.

    Simple Explanation

    The Environmental Protection Agency (EPA) is asking people to comment on rules for big power plants to make sure they follow clean air standards, but some parts aren't explained clearly, like how they calculated the costs or how they'll keep private business info safe.