Search Results for agency_names:"Investment Company Act Release No. 35487

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Search Results: agency_names:"Investment Company Act Release No. 35487

  • Type:Notice
    Citation:86 FR 6949
    Reading Time:less than a minute

    The Surface Transportation Board has received a request from the Utah Inland Port Authority to access specific data from the Board's 2019 Masked Carload Waybill Sample. This sample contains confidential information about railroads and shippers, so if anyone wants to object to the request, they must do so within 14 days of this notice by contacting the Board's Office of Economics. The procedures for handling such data are specified in federal regulations.

    Simple Explanation

    The Surface Transportation Board got a request from the Utah Inland Port Authority to see some special train data from 2019, but since the data is secret, people can say no to this request in the next two weeks.

  • Type:Notice
    Citation:90 FR 9491
    Reading Time:less than a minute

    The Surface Transportation Board has received a request from the University of Toronto to access data from the 1984-2022 unmasked Carload Waybill Samples. This dataset includes confidential information about railroads and shippers, and interested parties have 14 days from the notice date to file any objections. The regulations regarding the release of this data are outlined in 49 CFR 1244.9. For more information, individuals may contact Alexander Dusenberry at (202) 245-0319.

    Simple Explanation

    The Surface Transportation Board is deciding if the University of Toronto can look at some train data that is usually kept secret. People have a little time to say if they agree or disagree with this. If they want to talk to someone about it, they can call Alexander at a given phone number.

  • Type:Notice
    Citation:90 FR 11865
    Reading Time:about 4 minutes

    Green Impact Exchange, LLC (GIX) has filed an amended application with the Securities and Exchange Commission (SEC) to be registered as a national securities exchange. The SEC is inviting the public to comment on GIX's modified proposal, which includes eliminating certain governance standards and allowing companies listed on other exchanges to also list on GIX, provided they meet specific requirements. GIX has updated its application to provide information on its leadership and changed legal jurisdiction for its agreements from New Jersey to New York. The public has until March 27, 2025, to submit comments.

    Simple Explanation

    Green Impact Exchange wants permission from a big rule-maker group called the SEC to let people buy and sell stocks differently and wants to hear what everyone thinks about their new plan by March 27, 2025.

  • Type:Notice
    Citation:90 FR 12608
    Reading Time:about 16 minutes

    The Securities and Exchange Commission (SEC) has approved changes to the Nasdaq Stock Market's initial listing requirements on an accelerated basis. These changes require that companies listing on the Nasdaq Global Market or Nasdaq Capital Market through an initial public offering (IPO) meet a minimum market value of publicly held shares solely with the proceeds from the offering. Additionally, companies uplisting from the U.S. over-the-counter market will also need to meet this requirement using only IPO proceeds. The purpose of these changes is to enhance liquidity and stability for newly listed securities.

    Simple Explanation

    The SEC made a new rule for companies that want to join a special market called Nasdaq. This rule says the companies need to have a certain amount of money from their sales to be allowed in, making it safer and steadier for people buying their shares.

  • Type:Notice
    Citation:89 FR 96938
    Reading Time:less than a minute

    The Civil Rights Cold Case Records Review Board announced that they received 14 pages of historical documents from the National Archives concerning a civil rights cold case identified as 2024-003-027. The Board decided on November 1, 2024, to make these documents publicly available, and this decision complies with the Civil Rights Cold Case Records Collection Act of 2018, which mandates disclosure within 14 days of the decision. The announcement ensures transparency regarding the disclosure process and provides a contact for further information.

    Simple Explanation

    The Review Board got some old papers about a civil rights case from a long time ago, and they decided everyone should see them, so they told everyone about it in a special government announcement.

  • Type:Notice
    Citation:90 FR 9407
    Reading Time:about a minute or two

    The Civil Rights Cold Case Records Review Board received 679 pages of records related to a civil rights cold case. Of these, the Department of Justice and the FBI requested postponements for 562 pages. On January 10, 2025, the Review Board allowed 267 postponements, requested changes for 25, and decided to disclose 640 pages fully and 39 pages partially. They also approved four pending postponements from another incident. This decision follows the Civil Rights Cold Case Records Collection Act of 2018, which mandates the publication of such determinations in the Federal Register within 14 days.

    Simple Explanation

    The Civil Rights Cold Case Records Review Board looked at some secret papers about old civil rights cases. They decided it's okay to share most of the papers with the public, but a few will stay secret for now because the FBI and Justice Department asked to keep them hidden.

  • Type:Notice
    Citation:90 FR 10963
    Reading Time:about 4 minutes

    The Securities and Exchange Commission (SEC) is requesting approval from the Office of Management and Budget (OMB) to extend the information collection related to an exemption for certain transactions in money market funds. This exemption, issued in 2015, allows broker-dealers to send transaction information to investors on a monthly basis instead of immediately, in specific cases. As of the end of 2023, around 206 broker-dealers would need to provide these notifications, and the SEC estimates this will only require about 1.8 hours of work per broker-dealer each year. The public is invited to comment on this request by March 31, 2025.

    Simple Explanation

    The SEC is asking if it's okay to keep letting some people send reports about money they manage once a month instead of right away, and they want to know what people think about this by March 31, 2025.

  • Type:Rule
    Citation:90 FR 13076
    Reading Time:about 29 minutes

    The Securities and Exchange Commission (SEC) is extending the compliance deadlines for certain investment company name regulations initially set to avoid misleading investors. For fund groups with over $1 billion in assets, the compliance date is postponed from December 11, 2025, to June 11, 2026, while for smaller fund groups, it's moved from June 11, 2026, to December 11, 2026. The SEC is making these changes to help investment companies and their service providers, who are facing difficulties in meeting the original deadlines due to the complexity and costs involved. The new rule allows funds to align their compliance with their fiscal year-end obligations, reducing the need for costly off-cycle amendments.

    Simple Explanation

    The SEC is giving investment companies more time to change their names so they're not misleading. Big companies have to switch by June 2026, and smaller ones by December 2026, to make sure they can do it smoothly without extra hassle.

  • Type:Notice
    Citation:90 FR 10832
    Reading Time:about 15 minutes

    The U.S. Nuclear Regulatory Commission (NRC) is considering an amendment to the operating license of the Callaway Plant, Unit No. 1, operated by Union Electric Company, also known as Ameren Missouri. The proposed amendment would allow the plant to operate with 52 control rods during its 28th cycle, instead of the currently required 53, due to a slowed drop time observed in one control rod. The NRC plans to issue the amendment if it determines that it does not involve significant hazards. The public can comment on this proposal or request a hearing by specific deadlines.

    Simple Explanation

    The people in charge of a big electricity plant think it's okay to use one less special stick (called a control rod) than normal to help make electricity safely. They want to let everyone know they plan to make this change and that people can say what they think about it or ask questions by a certain time.

  • Type:Proposed Rule
    Citation:89 FR 96618
    Reading Time:about 7 minutes

    The Federal Aviation Administration (FAA) is proposing a new rule that would affect General Electric Model CT7-2E1 engines. This is due to a study that found the part known as the stage 2 turbine aft cooling plate may not last as long as previously thought. The proposed rule requires reducing the life limit for this part from 6,100 to 3,100 cycles to prevent possible engine failure, which could lead to airplane damage. The FAA is accepting comments on the proposal until January 21, 2025.

    Simple Explanation

    The FAA wants to make a new rule for airplane engines made by GE because a part inside might not last as long as they first thought. They suggest changing its safety rules so the part gets checked or replaced sooner, from 6,100 to 3,100 times it's used, to keep planes safe.

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