Search Results for keywords:"organizational changes"

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Search Results: keywords:"organizational changes"

  • Type:Notice
    Citation:89 FR 105165
    Reading Time:about 8 minutes

    The Securities and Exchange Commission announced that the National Securities Clearing Corporation (NSCC) has proposed changes to its Operational Risk Management Framework. These updates include reflecting recent name changes within its organizational groups and clarifying some existing sections for better understanding. The changes are designed to improve the framework without impacting the competitiveness of the clearing agency. Public comments on these proposals can be submitted to the SEC until January 16, 2025.

    Simple Explanation

    The Securities and Exchange Commission says that a big money-handling group wants to make some easy changes to their rulebook to make it clearer and update some names. People can tell the SEC what they think about it until January 16, 2025.

  • Type:Notice
    Citation:89 FR 105052
    Reading Time:less than a minute

    The Administration for Children and Families (ACF) released a notice correcting a previous document about changes to the Office of Child Care. Published on December 4, 2024, the document mistakenly contained an incorrect code related to the addition of a Regional Operations Division. This correction specifies that the Regional Operations Division will oversee and guide the ten OCC Regional Offices and ensure coordination with central office planning.

    Simple Explanation

    The ACF fixed a mistake in their earlier note that talked about changes in how they organize themselves to better help kids. They made sure everyone understands that there's a special team whose job is to watch over and guide other teams to make a good plan together.

  • Type:Rule
    Citation:86 FR 2246
    Reading Time:about 29 minutes

    The Federal Deposit Insurance Corporation (FDIC) is updating its rules of practice and procedure to clarify that certain roles within the agency, previously performed by the Executive Secretary, will now be carried out by appointed Administrative Officers. This change aligns with the longstanding practice of appointing Administrative Law Judges as inferior officers. The update also includes technical revisions to outdated job titles within the FDIC, and these changes do not significantly affect the public or non-agency individuals. The final rule took effect on January 12, 2021, without the need for public comment as it pertains to internal agency procedures.

    Simple Explanation

    The FDIC updated some of its rules to make sure certain jobs are done by people officially appointed for them, and they also fixed some old job titles to match what people are actually called today. These changes are mostly about how the FDIC is organized and don't change rules for the public.