Search Results for keywords:"reporting compliance"

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Search Results: keywords:"reporting compliance"

  • Type:Rule
    Citation:86 FR 8558
    Reading Time:about a minute or two

    The Federal Communications Commission (FCC) has announced that companies must now comply with a rule that requires reporting the most recent date of permanent disconnection to the Reassigned Numbers Database. This requirement comes from the 2018 Second Report and Order and compliance is effective as of March 10, 2021. The rule is designed to help manage issues related to reassigned phone numbers. The document also mentions that the Office of Management and Budget (OMB) approved the information collection associated with this rule on June 2, 2020.

    Simple Explanation

    The FCC has made a rule that phone companies must tell them when a phone number is permanently disconnected so that people don't accidentally get calls meant for someone else who had that number before. This is like making sure Santa knows when kids move houses so he doesn't bring gifts to the wrong place.

  • Type:Notice
    Citation:89 FR 101664
    Reading Time:about 6 minutes

    The Securities and Exchange Commission (SEC) is seeking public comments on their information collection process under Rule 17f-4, which deals with investment companies using securities depositories. They estimate that 639 entities, including funds and custodians, must follow these rules, involving a total annual burden of 3,148 hours for reporting and compliance. The SEC wants feedback on whether the information collected is useful and how to reduce its burden, and the deadline for comments is February 14, 2025. Written comments can be sent to the SEC's designated contact.

    Simple Explanation

    The SEC wants to hear what people think about a rule that tells certain money managers how they should store their securities safely. They are asking if the information they collect is helpful or if there's a way to make things easier and need all ideas by February 14, 2025.