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

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

  • Type:Notice
    Citation:86 FR 7419
    Reading Time:about 2 minutes

    The Department of Justice has lodged a proposed modification to a consent decree with a court in New Jersey, involving the lawsuit between the United States and The Sherwin-Williams Company. This modification includes Sherwin-Williams performing a cleanup remedy selected by the EPA at the Sherwin-Williams/Hilliards Creek Site. The public has 30 days to comment on this modification. The document mentions where to access the proposed modification online and how to request a paper copy.

    Simple Explanation

    The Department of Justice and Sherwin-Williams have made a plan to clean up a messy area with the help of the EPA, and they want people to say what they think about this plan in the next 30 days.

  • Type:Proposed Rule
    Citation:86 FR 6586
    Reading Time:about 17 minutes

    The National Credit Union Administration (NCUA) Board is proposing a rule change that would allow federally insured credit unions to request exemptions from certain requirements for filing Suspicious Activity Reports (SARs). This rule is aimed at providing relief to credit unions that develop innovative ways to comply with the Bank Secrecy Act while ensuring safe and sound practices. The proposal includes a 30-day comment period for public feedback and outlines that exemptions may be granted conditionally or unconditionally after consulting with relevant agencies. This change aims to support financial institutions in using new technologies and approaches for monitoring and reporting financial crimes.

    Simple Explanation

    The National Credit Union Administration is thinking about letting some credit unions skip certain special reports if they come up with new, safe ways to follow the rules about keeping banks honest. They're asking people to tell them what they think about this idea for a short time.

  • Type:Rule
    Citation:86 FR 10790
    Reading Time:about 21 minutes

    The Federal Aviation Administration (FAA) issued a new rule to replace an older directive for Boeing 787 airplanes to fix a potential safety issue. This new rule requires changes to maintenance programs and specific parts on the planes to ensure the engine fire handle works correctly and prevent potential fire hazards. The rule mandates these changes be made by a certain date and prohibits the installation of certain older parts. The FAA took public comments into account before finalizing the rule, which aims to enhance aviation safety without imposing significant economic impacts.

    Simple Explanation

    The FAA is telling the people who fly Boeing 787 airplanes that they need to check and fix something that might cause a fire to keep everyone safe. They also said these changes shouldn't cost too much money and asked for people’s opinions before making the rule.

  • Type:Notice
    Citation:89 FR 101628
    Reading Time:about a minute or two

    The Department of Justice has lodged a proposed Consent Decree with a federal court in New Jersey concerning three companies linked to the CPS/Madison Superfund Site. These companies are expected to carry out and help with environmental cleanup efforts that could cost around $14 million. The decree outlines that the U.S. government won't sue the companies for these specific cleanup actions. The public has 30 days to submit comments on this proposal.

    Simple Explanation

    The government wants three companies to clean up pollution at a special area in New Jersey and promises not to sue them for it. People have 30 days to say what they think about this idea.

  • Type:Notice
    Citation:90 FR 10745
    Reading Time:about 57 minutes

    The Securities and Exchange Commission (SEC) has announced a proposed rule change submitted by Cboe EDGX Exchange, Inc., to list and trade options on the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF. These proposed ETFs, backed by Ethereum, aim to give investors a more straightforward method to invest in Ethereum without handling the cryptocurrency directly. The rule change seeks to establish guidelines on listing, trading specifications, position and exercise limits, and ensures these options meet existing trading regulations. The SEC is open to public comments on this proposal as part of its decision-making process.

    Simple Explanation

    The SEC is thinking about letting a company create special new options for trading money-like items called Ethereum without using real Ethereum. People can say what they think about this idea before it decides.

  • Type:Rule
    Citation:86 FR 11443
    Reading Time:about 38 minutes

    The Federal Communications Commission (FCC) has issued new rules to address robocalls under the TRACED Act, amending exemptions in the Telephone Consumer Protection Act (TCPA). The rules limit the number of non-commercial, commercial, nonprofit, and HIPAA-related calls to residential lines to a maximum number within a specified period and require an opt-out mechanism for consumers. These regulations aim to reduce unwanted robocalls, balancing consumer protection with the need for legitimate communications. The implementation period is set to allow entities time to comply with the new requirements.

    Simple Explanation

    The FCC made new rules to help stop unwanted phone calls by setting limits on how often different groups, like businesses or charities, can call people at home. They also made sure people can easily tell these callers to stop calling them if they want.

  • Type:Notice
    Citation:86 FR 7923
    Reading Time:about 13 minutes

    The Veterans Affairs Department has modified its system of records to assist veteran entrepreneurs. The system, known as the VA VetBiz Assistance Program Pages, allows VA personnel, government agencies, and the public to access resources, including business support services for veterans. This service provides information on assistance programs offered by Federal, State, and local governments and private sectors. It aims to help veterans start or expand small businesses by connecting them with available resources and services.

    Simple Explanation

    The Veterans Affairs Department has a special system to help veterans start and grow businesses by connecting them to helpful resources. This system is like a big library on the internet where people can find and share tools and advice, but it's important to make sure everything is safe and fair for everyone.

  • Type:Notice
    Citation:90 FR 10093
    Reading Time:about 57 minutes

    The Securities and Exchange Commission received a proposed rule change from the Cboe BZX Exchange, Inc. to list and trade shares of the 21Shares Core XRP Trust. This trust focuses on XRP, a digital asset intended for fast and low-cost transactions, different from other cryptocurrencies like Bitcoin and Ethereum. The proposal argues that XRP is less prone to price manipulation and offers ample protection for investors by securing assets in segregated accounts. The SEC is seeking public comments on this proposal to assess its compliance with regulatory standards, evaluating if it prevents fraud and protects investors before a final decision.

    Simple Explanation

    The Cboe BZX Exchange wants permission from the Securities and Exchange Commission (SEC) to let people buy and sell shares in a special trust that holds XRP, which is a type of digital money used to make quick and cheap payments. The SEC is checking if this is safe and fair for investors and asking for people's opinions before making a decision.

  • Type:Rule
    Citation:90 FR 535
    Reading Time:about 104 minutes

    The Department of Homeland Security (DHS) has finalized a rule allowing the U.S. Immigration and Customs Enforcement (ICE) to send immigration bond-related notices electronically, provided obligors agree to this method of communication. Although no significant changes were made from an earlier interim rule, this final rule clarifies text, updates terminology, and fixes typographical errors. Commenters raised concerns about technical issues, accessibility, and fairness, particularly regarding the new Cash Electronic Bonds Online System (CeBONDS), but the rule aims to make processes more efficient and reduce mail costs. This transition to electronic service is optional, and obligors can still opt for traditional mail service.

    Simple Explanation

    The rules by the Department of Homeland Security let a part of the government send notices about immigration bonds through email to people who agree, making it faster and saving money, but people can still choose to get letters in the mail if they like.

  • Type:Notice
    Citation:90 FR 9305
    Reading Time:about 17 minutes

    The Bureau of Industry and Security (BIS), part of the U.S. Department of Commerce, issued a temporary order to deny export privileges for 180 days to several entities, including Kirill Gordei and Apelsin Logistics Inc. This decision was made because they were involved in shipping U.S. goods to Russia, bypassing U.S. export rules using false documents in collaboration with other companies. The investigation revealed significant and deliberate violations, such as transshipping a Mass Spectrometer and other goods to Russia without the necessary licenses. The order aims to prevent further violations and serves as a warning to others to avoid transactions with these entities.

    Simple Explanation

    The U.S. government told some people and companies they can't send things out of the country for a while because they tried to sneak U.S. stuff to Russia using sneaky paperwork, and this is a big "no" so others know not to do it too.