Search Results for agency_names:"Investment Company Act Release No. 35487

The Securities and Exchange Commission (SEC) has granted Green Impact Exchange, LLC (GIX) approval to register as a national securities exchange. GIX will be responsible for its trading system's regulations and oversight, although some regulatory functions will be outsourced to the Financial Industry Regulatory Authority (FINRA) through a regulatory services agreement. The exchange will operate as an electronic trading platform without a physical trading floor, and its corporate governance and ownership structures align with industry standards to maintain independence and meet SEC requirements. Additionally, GIX plans to utilize technology provided by MEMX Technologies to facilitate trading operations while ensuring compliance with federal securities laws.

The Consumer Financial Protection Bureau (CFPB) has announced changes to its Regulation Z, affecting the criteria exempting certain creditors from the need to create escrow accounts for higher-priced mortgage loans. The asset-size threshold for this exemption is now set at $2.717 billion for regular creditors and $12.179 billion for certain smaller banks and credit unions. These adjustments, effective from January 1, 2025, are based on changes in the Consumer Price Index, and the rule aims to update the thresholds accordingly for institutions.

The Federal Aviation Administration (FAA) has issued a new airworthiness directive (AD) for specific models of Robinson Helicopter Company R44 and R44 II helicopters due to reports of failed clutch actuators and rivets. These failures may cause the brackets to detach from the fan scroll housing, potentially leading to serious safety issues, including loss of control of the helicopter. The directive requires inspections and corrective actions, such as repairing or replacing components to ensure the helicopters are safe to operate. This rule goes into effect on January 7, 2025, affecting over 1,600 helicopters in the U.S. registry.

The Federal Aviation Administration (FAA) has announced a request from the City of Melbourne to release approximately 55.8 acres of land at the Melbourne Orlando International Airport for non-aeronautical use. The land, currently vacant and zoned for industrial use, is proposed for development into a mixed-use area with facilities like a hotel, retail spaces, and entertainment venues. This change requires public comments, which are due by March 31, 2025. The property will be sold at its fair market value of $9,765,000.

The Department of Labor (DOL) is seeking public feedback on an information collection request related to authorizing the release of medical information for Black Lung Benefits. The Office of Workers' Compensation Programs (OWCP) has submitted this request to the Office of Management and Budget (OMB) as part of their review process. The public is encouraged to comment by January 13, 2025, focusing on the necessity, accuracy, and potential improvements for the collection process. This request involves gathering consent from individuals to use their medical evidence in support of Black Lung claims, impacting around 5,990 respondents annually.

The Federal Aviation Administration (FAA) has proposed a new rule aimed at improving safety for certain Boeing 767 airplane models. This is in response to significant changes in limitations related to preventing fuel tank ignition and updating the nitrogen generation system. The proposed rule would require changes to maintenance programs for these aircraft to address potential safety hazards. The FAA is seeking public comments on this proposal by April 12, 2021.

The U.S. Energy Information Administration (EIA), part of the Department of Energy, has requested an extension for its Uranium Data Program. This program collects data on uranium production and marketing in the U.S. through three surveys. EIA plans to stop protecting certain survey information under the Confidential Information Protection and Statistical Efficiency guidelines due to changes in the uranium market. Although there are no additional costs, the time to complete one of the forms has increased.

The Securities and Exchange Commission (SEC) has adopted new rules and amendments to enhance the security and management of accounts on their EDGAR system, referred to as "EDGAR Next." These changes, effective March 2025, require filers to authorize specific individuals as account administrators using credentials obtained through a government service called Login.gov. Filers must also keep their account information accurate and perform an annual confirmation. Additionally, the SEC will offer optional APIs for more efficient electronic submissions and account management.

The Options Clearing Corporation (OCC) has submitted a proposal for changes to a Master Repurchase Agreement involving a billion-dollar liquidity facility, which is aimed at enhancing their overall liquidity strategy. The proposed change introduces a limited right for the bank counterparty to rehypothecate non-customer collateral, which is intended to make the agreement more commercially appealing and increase funding sources. OCC believes this will strengthen its risk management capabilities and make it easier to manage financial obligations, thus supporting broader financial stability. The Securities and Exchange Commission is inviting public comments on this proposal before making a decision.

The Federal Aviation Administration (FAA) is proposing changes to the rules governing certain Boeing 767 models. This proposal aims to add more airplanes to the list that require updates to their maintenance or inspection programs with new or stricter airworthiness limitations. These changes aim to address safety issues due to parts that might wear out or fail over time. Because these new rules will impose more requirements compared to earlier proposals, the FAA is reopening the comment period to gather public feedback until April 12, 2021.