Search Results for keywords:"compliance burden"

The Federal Communications Commission (FCC) is inviting public comments on information collection practices to reduce paperwork burdens, as required by the Paperwork Reduction Act of 1995. The FCC seeks input on several aspects including the necessity of these collections, their utility, and ways to improve them while minimizing burdens, especially for small businesses. Comments should be submitted by March 29, 2021. This initiative also includes updates on the registration and lighting requirements for antenna structures used in communication transmissions.

The Securities and Exchange Commission (SEC) has submitted a request to the Office of Management and Budget (OMB) for approval to extend a rule under the Paperwork Reduction Act. This rule, referred to as Rule 15a-6, allows foreign broker-dealers to perform certain activities with U.S. institutional investors without registering as broker-dealers, provided they meet specific requirements. The SEC estimates that complying with this rule will take U.S. broker-dealers about 6,000 hours annually and cost around $1,000,000 per year. The public can review and comment on this information collection request until March 31, 2025.

The Cybersecurity and Infrastructure Security Agency (CISA) is considering removing 49 Division 1.1 explosive chemicals from Appendix A of the Chemical Facility Anti-Terrorism Standards (CFATS) regulations. These chemicals are currently regulated by both CISA and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), which creates a regulatory overlap. By removing these explosives from CFATS, the agency aims to reduce the regulatory burden on facilities overseen by both CISA and ATF, without compromising security. CISA is seeking public comments on this proposal to better understand its potential impact on facility security and regulatory obligations.

The Securities and Exchange Commission (SEC) is asking for public comments on the current information collection required by Rule 6h-1 under the Securities Exchange Act of 1934. This rule involves the listing standards for national securities exchanges and associations trading in security futures products, focusing on preventing price manipulation and coordinating trading halts. Public feedback is sought on the necessity, efficiency, and burden of this information collection, and comments can be submitted by May 12, 2025. This process is part of the SEC's efforts to continue complying with the Paperwork Reduction Act of 1995.

The Securities and Exchange Commission (SEC) is asking for public comments on the continuation of a rule under the Paperwork Reduction Act. This rule relates to how certain broker-dealers, called OTC derivatives dealers, calculate their financial risks. Currently, two such dealers use this method, spending about 1,000 hours each year reporting on their risk models. The SEC invites comments on whether the rule is useful, the burden it imposes, and ways to improve information collection.

The Securities and Exchange Commission (SEC) is requesting an extension from the Office of Management and Budget for a rule that permits certain investment funds to send just one prospectus to multiple investors living at the same address. This rule, known as Rule 154, is intended to reduce unnecessary duplicate mailings. The SEC estimates that about 530 mutual fund series comply with this rule by obtaining written consent from investors, while others don't use it due to costs or electronic delivery options. The SEC is gathering public comments on this request until January 6, 2025, to determine if the extension should be granted.

On February 11, 2025, the Bureau of Industry and Security (BIS) will implement a rule to correct license requirements for certain advanced computing integrated circuits under Export Control Classification Number (ECCN) 3A090. This correction revises previous requirements from a rule issued on January 16, 2025, ensuring appropriate measures are in place for controlling these exports. Comments on this correction must be submitted by March 14, 2025. The rule adjusts which entities must provide data to BIS and specifies when worldwide license requirements apply, focusing on structures and performance metrics for integrated circuits.

The Securities and Exchange Commission (SEC) is seeking public comments on the collection of information required by Rule 304 of Regulation ATS. This rule pertains to alternative trading systems and requires them to submit Form ATS-N, providing details about their operations to increase transparency and reduce conflicts of interest. The SEC estimates it takes about 1,901 hours a year for entities to comply with these requirements. Comments on the usefulness and burden of the information collection are invited until January 31, 2025.

The Department of Defense, General Services Administration, and NASA have issued a final rule that updates the Federal Acquisition Regulation to comply with a section of the Frederick Douglass Trafficking Victims Prevention and Protection Reauthorization Act of 2018. This rule mandates that domestic air carriers contracting with the federal government to provide passenger air transportation must submit annual reports with details on training employees to recognize human trafficking, notifications received about potential human trafficking instances, and any actions taken in response. The new requirement applies to commercial services contracts but excludes contracts for commercial products and those awarded by the Department of Defense. The regulation aims to support the fight against human trafficking by ensuring air carriers are vigilant and report suspicious activities.

The Securities and Exchange Commission (SEC) has requested an extension from the Office of Management and Budget (OMB) for the continued collection of information under Rule 30e-2. This rule requires unit investment trusts (UITs) to send financial reports to their unitholders and allows for "householding," where investors who share an address can receive a single report if they have given assent. The SEC estimates the annual burden for complying with this rule is 15 hours per respondent, affecting about 671 UITs, with a total cost of $4,495,700. Public comments on this request are invited until 30 days after the publication of this notice.