Search Results for type:"Proposed Rule"

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Search Results: type:"Proposed Rule"

  • Type:Proposed Rule
    Citation:86 FR 2311
    Reading Time:about 42 minutes

    The Securities and Exchange Commission (SEC) is proposing a new exemptive order that would allow broker-dealers to publish quotations for certain securities without meeting existing information review and recordkeeping requirements. This proposal aims to create an "expert market" for sophisticated investors, such as institutional buyers and accredited investors, who can assess investment risks without public information. The order suggests that only these sophisticated investors have access to the market, and it sets out conditions to ensure the quotes remain out of reach for the general public, thus protecting less savvy investors from potential fraud. The SEC is seeking feedback on this proposed change, inviting comments until February 11, 2021.

    Simple Explanation

    The SEC wants to create a special market where only really smart and experienced investors can buy or sell certain stocks without having to show a lot of information, trying to keep regular folks from getting tricked or confused. They are asking people to share their thoughts on this idea by February 11, 2021.

  • Type:Proposed Rule
    Citation:89 FR 107072
    Reading Time:about 2 hours

    The U.S. Department of Housing and Urban Development (HUD) is proposing changes to its regulations to align with the updated guidance from the Office of Management and Budget (OMB). These changes would update cross-references, implement new rules for loan guarantee programs, and attempt to streamline and clarify requirements for recipients of federal financial assistance. HUD also seeks to better align specific programs like the Housing Trust Fund program with these updates, aiming to reduce administrative burdens and improve efficiency in managing federal financial assistance.

    Simple Explanation

    HUD wants to update its rules to match new government guidance so it's easier for people and groups to understand and follow them, kind of like making sure everyone uses the same map to find their way. This will help make things smoother for them to give out money and support, while also making sure small groups can easily join in too.

  • Type:Proposed Rule
    Citation:89 FR 95466
    Reading Time:about 6 hours

    The Agricultural Marketing Service (AMS) of the US Department of Agriculture has issued a proposed rule recommending changes to pricing in 11 Federal Milk Marketing Orders (FMMOs). These proposed amendments update existing formulas for milk composition, surveyed commodity products, and milk pricing categories, among others, to better reflect current market conditions. The changes are aimed at improving the fairness and accuracy of milk pricing across different regions and market classes. The AMS will seek approval from milk producers before implementing any new rules, with the possibility of terminating the order if it doesn't receive enough support.

    Simple Explanation

    The Agriculture Department wants to change the way milk prices are set in certain areas to make it fairer for farmers and people buying milk, but they need milk farmers to say it's okay first.

  • Type:Proposed Rule
    Citation:90 FR 4130
    Reading Time:about 5 hours

    The National Highway Traffic Safety Administration (NHTSA) proposes a voluntary program called the ADS-equipped Vehicle Safety, Transparency, and Evaluation Program (AV STEP) for vehicles with automated driving systems (ADS). The program aims to review and oversee these vehicles, focusing on safety and public transparency. Participants can apply to perform specific operations or seek exemptions from certain safety standards. The program is designed to help NHTSA monitor the safe development of ADS while collecting data that could inform future safety standards.

    Simple Explanation

    The government wants to create a new program to make sure self-driving cars are safe and people know how they work. But joining the program might be hard and expensive, and some important companies might not play along.

  • Type:Proposed Rule
    Citation:90 FR 59
    Reading Time:about 47 minutes

    The Federal Communications Commission (FCC) is proposing new rules to improve accessibility for video conferencing services, focusing on features such as text-to-speech and automatic sign-language interpretation. They are seeking input on how these services can better support individuals with disabilities, including those who are blind, have low vision, or have cognitive or mobility disabilities. The FCC also wants to know if the telecommunications relay services (TRS) Fund should support team interpreting for video conferences. They are considering how to integrate TRS effectively with video conferencing platforms to ensure seamless communication for everyone involved.

    Simple Explanation

    The government wants to make video calls easier for people with disabilities by adding things like talking words for people who can't see and sign language for people who can't hear. They are asking for ideas on how to do this and wondering if they should use special funds to help make it happen.

  • Type:Proposed Rule
    Citation:90 FR 4687
    Reading Time:about 23 minutes

    The Treasury Department and the Internal Revenue Service (IRS) have proposed new regulations that require corporations engaging in specific tax-free separations to report their transactions annually to ensure compliance with tax laws. These rules focus on Section 355 transactions, which involve the tax-free distribution of a corporation’s stock. The new regulations mandate detailed reporting to prevent tax evasion, and this must be done via a new form attached to the corporation's annual tax return over a multi-year period. The proposed changes are intended to help narrow the federal tax gap by improving the IRS's ability to track and address potential noncompliance.

    Simple Explanation

    Imagine the government has a new rule where companies have to tell them every year for many years about certain special ways they split up or share their parts, almost like telling a story to prove they're playing fair and not cheating.

  • Type:Proposed Rule
    Citation:90 FR 3046
    Reading Time:about 10 minutes

    The Federal Aviation Administration (FAA) is proposing a new airworthiness directive for certain models of Siam Hiller Holdings, Inc. helicopters. This proposal is due to reports of cracks in the main rotor transmission drive shaft that could result in dangerous conditions. The directive requires inspecting specific drive shafts for cracks, prohibits installing uninspected drive shafts, and restricts the use of certain paint removers. The FAA has invited public comments on this proposal, highlighting the importance of addressing these safety concerns.

    Simple Explanation

    The Airplane Boss found some broken parts on a special type of helicopter, which could make flying dangerous. Now, they want people to check these parts and be careful about what kind of paint they use on the helicopter to make sure everything stays safe.

  • Type:Proposed Rule
    Citation:90 FR 14062
    Reading Time:about 7 minutes

    The National Marine Fisheries Service (NMFS) is proposing changes to regulations for West Coast salmon fisheries. They plan to remove rebuilding plans for the Queets River and Strait of Juan de Fuca coho salmon from the rules because these fish stocks have been successfully rebuilt. This action aims to prevent confusion by eliminating outdated plans that are no longer necessary under the Pacific Fishery Management Council's guidelines. Additionally, this proposed rule is considered a deregulatory action, meaning it simplifies existing regulations without significant economic impacts on small fishing businesses.

    Simple Explanation

    The people in charge of taking care of fish in the ocean want to make some changes because two types of fish have gotten better and don't need special help anymore. This means the rules for those fish can be simpler so that everyone can understand them better!

  • Type:Proposed Rule
    Citation:89 FR 104493
    Reading Time:about 26 minutes

    The U.S. General Services Administration (GSA) is proposing changes to the Federal Management Regulation to improve how federal real estate is managed and disposed of, aligning it with existing laws. This involves adding new definitions, policies, and guidelines to aid federal agencies in understanding their roles when dealing with real property. These changes aim to enhance efficiency and reduce costs by better managing unused government-owned land and buildings. The proposal is open for public comments until February 21, 2025.

    Simple Explanation

    The U.S. government wants to make better rules about what to do with buildings and land they don't need anymore to save money, and they are asking people to share their thoughts about it on the internet.

  • Type:Proposed Rule
    Citation:89 FR 100662
    Reading Time:about 3 hours

    The U.S. Fish and Wildlife Service is proposing to classify the monarch butterfly as a threatened species under the Endangered Species Act. They aim to designate critical habitat areas, particularly in California, to protect these butterflies. Additionally, they plan to allow certain activities, like habitat restoration and conservation efforts, even if they might unintentionally harm some butterflies. Public comments on the proposal will be accepted until March 12, 2025, and informational meetings are scheduled to discuss the details further.

    Simple Explanation

    The U.S. Fish and Wildlife Service wants to help protect monarch butterflies by calling them a "threatened species" and setting aside special places just for them to live safely in California. They also want to hear what people think about this idea and have meetings to explain more.

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