Search Results for keywords:"Regulatory Compliance"

The Environmental Protection Agency (EPA) is seeking public comments on a proposal to extend the Information Collection Request (ICR) for Hydrochloric Acid Production under the National Emission Standards for Hazardous Air Pollutants (NESHAP). This extension, involving facilities that produce significant emissions, aims to ensure compliance with established pollution control standards. Comments can be submitted until March 31, 2025, and the EPA estimates the total yearly burden to be 21,900 hours, costing about $2,980,000. This proposal does not anticipate significant changes in industry growth or costs.

The Securities and Exchange Commission (SEC) has approved a rule change proposed by MIAX PEARL, LLC to amend its By-Laws to align with an Equity Rights Program (ERP). This change allows certain exchange members to nominate or appoint a representative to the MIAX PEARL Board of Directors if they meet specified criteria and thresholds in trading volume and exchange fees over a set period. ERP members will have the opportunity to nominate a director or appoint an observer with non-voting rights to the board, providing greater representation for those active in trading. These adjustments maintain compliance with regulatory requirements, ensure fair representation, and preserve the board's composition and duties.

The Environmental Protection Agency (EPA) has submitted an Information Collection Request (ICR) concerning the New Source Performance Standards (NSPS) for Calciners and Dryers in Mineral Industries to the Office of Management and Budget (OMB) for approval. This is an extension of the current request, which is valid until December 31, 2024, and the public is invited to submit comments until January 13, 2025. These regulations apply to mineral processing plants that use specific calciners and dryers, focusing on controlling particulate matter pollution. The estimated cost for this compliance is about $990,000 annually, with no expected increase in regulatory burden, but slight cost adjustments due to inflation.

The U.S. Nuclear Regulatory Commission (NRC) has announced a request for public comments on the renewal of an existing information collection titled "Domestic Licensing of Production and Utilization Facilities." This request is in accordance with the Paperwork Reduction Act of 1995, and the NRC is seeking comments by April 20, 2021. The information collected is essential for the NRC to evaluate applications and amendments related to nuclear power plants and other facilities to ensure public health and safety. The NRC encourages electronic submission of comments and provides detailed information on how to access documents and submit feedback.

The Board of Governors of the Federal Reserve System is seeking public comments on their plan to extend, without changes, a recordkeeping requirement related to complex structured finance activities. This requirement is meant to ensure that certain financial institutions have policies and procedures for identifying, assessing, and documenting risks associated with these transactions. The Board invites feedback on various aspects, including the necessity, accuracy, and potential burden of these information collections. Comments must be submitted by April 7, 2025.

The U.S. Nuclear Regulatory Commission (NRC) is proposing an amendment to the operating license for the Beaver Valley Power Station, Unit 1, operated by Energy Harbor Nuclear Corp. This amendment seeks to defer the required spring 2021 refueling outage steam generator inspections to the fall of 2022. The NRC has determined that this change does not significantly increase the risk of accidents, create new accident types, or reduce safety margins. They are inviting public comments and offering the opportunity to request a hearing on this proposal.

The U.S. Nuclear Regulatory Commission (NRC) has released a draft report, NUREG-1482, Revision 4, for public comment. This document provides guidance on testing programs for pumps, valves, and dynamic restraints, known as snubbers, in nuclear power plants. It emphasizes the NRC's role in developing standards alongside the American Society of Mechanical Engineers (ASME). Comments can be submitted electronically by April 14, 2025, and the report reflects updates to reflect lessons learned and operational experiences.

The Environmental Protection Agency (EPA) has submitted a request to renew its information collection requirements for sulfuric acid plants. This request, known as the New Source Performance Standards (NSPS) for sulfuric acid plants, is being reviewed by the Office of Management and Budget (OMB) as part of the Paperwork Reduction Act compliance. Public comments have been previously solicited, and the current notice allows for additional comments until January 13, 2025. The regulations aim to ensure that sulfuric acid manufacturing plants follow environmental standards, with an estimated 53 respondents required to provide semiannual updates, amounting to a total estimated burden of 13,500 hours and an annual cost of $2,110,000.

The Farm Credit Administration has introduced a final rule adjusting civil money penalties (CMPs) for inflation, in line with the Federal Civil Penalties Inflation Adjustment Act of 1990, as updated. This adjustment ensures that penalties retain their deterrent effect and compliance is maintained with the Farm Credit Act and Flood Disaster Protection Act. The new maximum daily penalties for specific violations have been increased, such as $2,904 for violating a final order and $1,313 for breaching the Farm Credit Act, effective January 15, 2025. These changes, driven by mandatory annual updates, aim to keep CMPs in line with inflation without needing a public comment process.

The Securities and Exchange Commission has published a notice regarding a proposed rule change by The Depository Trust Company (DTC) related to money market instruments. DTC aims to streamline the securities eligibility process by moving the processing of money market instruments to a more modern system, updating rules, consolidating provisions, and reducing paperwork requirements. The proposed changes are meant to make the process more efficient, simplifying the requirements for participants and issuers. This proposal is designed to enhance the overall processing and settlement of securities transactions.