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The Securities and Exchange Commission has announced that the Miami International Securities Exchange is proposing a change to its rules that would allow the listing and trading of options on Commodity-Based Trust Shares. These trust shares represent interests in a trust that holds specific commodities and sometimes cash, similar to how some ETFs work. The purpose of the change is to make it easier and faster to list options on these trust shares once they have met initial criteria without needing further approvals. This proposal is part of a competitive effort alongside other exchanges like Nasdaq, NYSE, and Cboe, and aims to increase investment options for market participants while promoting competition and consistency in the rules for trading such options.

The Environmental Protection Agency (EPA) has issued a final rule that extends the deadline for compliance reporting under the Renewable Fuel Standard (RFS) program for the 2024 compliance year. This extension gives fuel producers, distributors, and suppliers more time to demonstrate compliance with their renewable volume obligations. The rule includes other minor updates, such as amendments to the biodiesel quality standards and consolidation of deadlines for certain compliance reports. This change is meant to alleviate the regulatory burden on affected parties and provides clear, updated guidelines for compliance.

The Commodity Futures Trading Commission (CFTC) has finalized new rules to manage risks associated with electronic trading on designated contract markets (DCMs). These rules require DCMs to adopt measures to prevent, detect, and mitigate market disruptions or anomalies that might occur due to electronic trading. The regulations emphasize flexibility by allowing each DCM to tailor their risk controls based on their specific market needs. This approach aims to ensure stable and fair trading environments on electronic platforms.

The Environmental Protection Agency (EPA) has decided to partially approve and partially disapprove parts of North Dakota's regional haze plan (SIP) for its second implementation period. This decision was made because certain aspects of the plan, such as its long-term strategy and goals for reasonable progress, did not meet the necessary requirements under the Clean Air Act. Specifically, North Dakota relied on visibility thresholds that the EPA found unreasonable, which led to rejecting feasible and cost-effective controls on pollution sources like Coyote Station and Antelope Valley. However, other elements of the plan, such as calculations of visibility conditions and monitoring strategies, were approved.

The Environmental Protection Agency (EPA) has finalized revisions to streamline fuel quality regulations. These updates clarify testing and sampling standards while preserving existing fuel quality levels. The changes, effective July 1, 2025, aim to enhance clarity and compliance for stakeholders involved with fuels, fuel additives, and blendstocks, like producers and distributors. These modifications do not alter the current fuel quality standards but provide technical amendments and clarifications to help stakeholders comply with the EPA’s requirements.

The Federal Trade Commission (FTC) has updated the Energy Labeling Rule to include new labeling requirements for portable air conditioners, reflecting changes made by the Department of Energy (DOE). The FTC aims to help consumers make informed purchasing decisions by providing clear energy cost comparisons through these labels. The changes also include updated efficiency descriptors for central air conditioners to align with DOE's new standards. Although the FTC considered wider changes, they decided to explore potential shifts like electronic labeling in future proceedings.

The document details final regulations that implement clean electricity production and investment credits established by the Inflation Reduction Act of 2022. These regulations provide guidelines for determining greenhouse gas emissions from electricity production, setting provisional emissions rates, and determining eligibility for the tax credits. The rules impact taxpayers who claim these credits for qualified facilities or energy storage technology activated after 2024. The IRS and Treasury Department consulted with experts across government agencies to address public comments and ensure comprehensive regulations.

The Office of Hearings and Appeals (OHA) of the Department of the Interior is making changes to its regulations to improve the hearings and appeals process. These updates aim to make procedures more efficient, reflect changes in the law, and incorporate modern technology like electronic filing and case management systems. They are meant to help both the people involved in these cases and the department work more effectively, ensuring that decisions are reviewed quickly and fairly. The new regulations will be effective from February 10, 2025, and public comments on these changes can be submitted until March 11, 2025.

The United States Department of Agriculture (USDA) is implementing changes to the Biobased Markets Program, also known as the BioPreferred Program, following updates from the 2018 Farm Bill. The updated rule merges two previous sets of guidelines into one, streamlining the regulatory process for designating and labeling biobased products that qualify for federal procurement preferences. This final rule aims to make it easier for these products to qualify for federal use and merges federal guidelines for procurement and labeling into a single, simplified regulation effective January 8, 2025.

The Department of Homeland Security (DHS) issued a final rule to adjust civil monetary penalties for inflation, effective January 2, 2025. These adjustments are in line with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 and guidance from the Office of Management and Budget. This rule increases penalty amounts for violations occurring after November 2, 2015, and applies to various DHS components like the U.S. Customs and Border Protection, U.S. Immigration and Customs Enforcement, and the Coast Guard. The updated penalty amounts are designed to maintain their deterrent effect and comply with mandatory legislative requirements.