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The United States Department of Justice filed a complaint against XCL Resources Holdings, Verdun Oil Company II, and EP Energy, alleging that they violated the Hart-Scott-Rodino Act by assuming control over EP Energy before completing the required regulatory waiting period. They were accused of illegal coordination, including halting drilling activities and sharing sensitive information, which caused supply shortages and market disruptions. To resolve these allegations, the companies agreed to pay a civil penalty totaling over $5.6 million and implement compliance measures to prevent future violations. The court will oversee the agreement to ensure it aligns with public interest standards.

The Agricultural Marketing Service (AMS) of the US Department of Agriculture has issued a proposed rule recommending changes to pricing in 11 Federal Milk Marketing Orders (FMMOs). These proposed amendments update existing formulas for milk composition, surveyed commodity products, and milk pricing categories, among others, to better reflect current market conditions. The changes are aimed at improving the fairness and accuracy of milk pricing across different regions and market classes. The AMS will seek approval from milk producers before implementing any new rules, with the possibility of terminating the order if it doesn't receive enough support.

The Federal Trade Commission (FTC) is asking the Office of Management and Budget (OMB) to extend the approval for collecting information related to a rule on home insulation labeling and advertising. This rule, known as the R-value Rule, helps ensure that consumers get accurate information about how well insulation products perform, so they can decide if the cost is worth it. Comments on this request must be submitted by February 11, 2021.

The Department of Agriculture's Agricultural Marketing Service has approved a recommendation to increase the assessment rate for watermelons under the Watermelon Research and Promotion Plan. The new rate boosts the assessment from six to nine cents per hundredweight. Domestic producers with 10 acres or more and domestic handlers will each pay four and a half cents per hundredweight, while importers of 150,000 pounds or more will pay nine cents per hundredweight. This increase aims to address inflation's impact on the plan’s buying power and continues to support marketing and research efforts, benefiting the watermelon industry overall. The rule also includes administrative corrections without changing the assessment rate.

The Securities and Exchange Commission (SEC) is asking for public comments on a proposed extension of its information collection under Rule 17a-8, which relates to mergers of affiliated investment companies. This rule allows certain mergers to bypass restrictions on transactions between a fund and its affiliates, and it requires directors to evaluate and document key aspects of such mergers. The SEC estimates that this rule affects around 200 funds annually, resulting in a total burden of 1,400 hours and a cost of over $3 million. The public can submit comments on the necessity and burden of these requirements until February 18, 2025.

The Securities and Exchange Commission (SEC) has issued a notice under the Paperwork Reduction Act of 1995, requesting an extension for the collection of information related to Rule 17a-8. This rule involves mergers of affiliated investment companies and requires specific procedures such as board approvals and evaluations for assets when merging with an unregistered entity. The average annual burden is estimated at 7 hours per fund, with a total annual cost for all funds estimated at $3,151,248. The public can submit comments on the usefulness and burden of this information collection until March 31, 2025.

The Federal Trade Commission (FTC) is asking for a three-year extension from the Office of Management and Budget (OMB) for the clearance of information collection requirements related to the Amplifier Rule, which concerns power output claims for amplifiers in home entertainment products. This clearance, initially expiring on January 31, 2021, helps standardize the measurement and disclosure of these products' features, aiding consumers in making informed purchases. The FTC invites public comments on this extension by February 22, 2021. The deadline extension aims to continue ensuring manufacturers provide consistent information about amplifiers, improving transparency and consumer trust.

The Department of Justice has proposed a Consent Decree to settle claims against Hino Motors and its U.S. subsidiaries for violating the Clean Air Act by exceeding pollution limits. The agreement, lodged in a Michigan federal court, involves a $525 million penalty, a vehicle recall program, and pollution mitigation efforts. Part of the settlement also resolves related claims by California, which requires additional mitigation efforts specific to the state. The public can comment on this proposed settlement for 30 days following the notice's publication.

The Securities and Exchange Commission announced that NYSE Arca, Inc. has proposed a new rule to list and trade shares of the Bitwise Dogecoin ETF. The ETF aims to provide exposure to Dogecoin by holding it as its sole asset, and it will not use derivatives that could introduce additional risks. The trust's Net Asset Value (NAV) is determined daily based on a benchmark price of Dogecoin. The proposal outlines the ETF's compliance with financial regulations and seeks public comment before the SEC makes a decision on approval.

The Department of Labor is asking for public comments on an information collection request related to the acquisition and sale of Real Estate Investment Trust (REIT) shares by individual account plans. This request aims to ensure compliance with specific legal exemptions allowing certain transactions that would otherwise be prohibited. The public is invited to provide feedback on the necessity, accuracy, and methods of collecting the information by April 28, 2025. The information collection is under review for a potential three-year authorization by the Office of Management and Budget.