Search Results for citation:"90 FR 1586"

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Search Results: citation:"90 FR 1586"

  • Type:Notice
    Citation:90 FR 1586
    Reading Time:about a minute or two

    The Small Business Administration announced a presidential disaster declaration for the state of Oregon due to wildfires. The declaration, issued on January 1, 2025, allows eligible private non-profits providing essential governmental services to apply for disaster assistance loans. The incident period covered from July 10 to August 23, 2024, with loan application deadlines set for March 3, 2025, for physical damages and October 1, 2025, for economic injuries. Affected counties include Gilliam, Grant, Umatilla, Wasco, and Wheeler.

    Simple Explanation

    The President said that Oregon had a big problem with wildfires, and because of that, helpful businesses like hospitals can get money to fix what got hurt by the fires. Some grown-ups think there aren't enough rules for who gets the money or how much they have to pay back.

  • Type:Notice
    Citation:90 FR 1586
    Reading Time:about 3 minutes

    The Investors Exchange LLC has proposed a new rule regarding the pricing of transactions for securities priced under $1.00. The proposed changes include offering a rebate of 0.15% for orders adding liquidity and raising the fee to 0.15% for orders removing liquidity. These changes are set to be effective immediately and operational by January 1, 2025. The Securities and Exchange Commission is inviting public comments on these proposed changes until January 29, 2025.

    Simple Explanation

    The Investors Exchange LLC is making new rules about buying and selling cheap stocks, where they will give a little money back to people who help make more buyable stocks appear and charge a bit more for selling off these stocks. The Securities and Exchange Commission is asking people to share their thoughts about this change by the end of January.