Search Results for keywords:"regulatory proposal"

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Search Results: keywords:"regulatory proposal"

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  • 2021-01058 — Safety Management Systems for Domestic Passenger Vessels
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    Type:Proposed Rule
    Citation:86 FR 3899
    Reading Time:about 17 minutes

    The Coast Guard, part of the Department of Homeland Security, is considering implementing Safety Management Systems (SMS) to enhance safety and reduce accidents on U.S.-flagged passenger vessels. They're seeking public feedback on whether such systems are feasible and beneficial, focusing on aspects like vessel size, design, and operation. The Coast Guard is also interested in how implementing SMSs could influence the sharing of safety information and if it might lead to the removal of outdated regulations. Public comments are encouraged to help shape potential new rules, and feedback is requested by April 15, 2021.

    Simple Explanation

    The Coast Guard wants to know if new safety plans would help make passenger boats safer and is asking people to share their thoughts and ideas by April 15, 2021.

  • 2021-01836 — Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish a Monthly Fee Assessed on Members' MPIDs
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    Type:Notice
    Citation:86 FR 7440
    Reading Time:about 14 minutes

    The Cboe EDGX Exchange, Inc. proposed a new rule to implement a monthly fee for members using more than one Market Participant Identifier (MPID) starting after their first free MPID. The fee is set at $350 per additional MPID and aims to encourage efficient use of MPIDs by its members. This measure comes in a competitive trading market where participants can choose different platforms if they find fees too high. The Securities and Exchange Commission is reviewing this proposal and is accepting public comments.

    Simple Explanation

    The Cboe EDGX Exchange wants to charge a monthly fee of $350 if members use more than one special code (like a nickname) when trading, to make sure they use these codes wisely. The government is checking if this is a fair rule and asking people what they think.