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

The Federal Aviation Administration (FAA) is enforcing a new airworthiness directive for certain models of General Electric turbofan engines due to a reported crack in the outer fuel manifold leading to fuel leakage. This rule requires initial and routine inspections of specific clamps and may involve further inspections or replacements if defects are found. The purpose is to prevent potential engine fire and aircraft damage. The directive details necessary actions, compliance timelines, and communication procedures for alternative methods or further information.

Natural Gas Pipeline Company of America LLC has submitted an application to the Federal Energy Regulatory Commission (FERC) seeking permission for their Gulf Coast Storage Expansion Project in Harrison County, Texas. The project aims to enhance the gas storage capacity by converting 10 billion cubic feet of cushion gas to working gas and installing additional infrastructure, including a new compressor unit and a 30-inch-diameter pipeline. Individuals and organizations can participate in the proceedings by filing comments, protests, or motions to intervene by February 13, 2025. The FERC is facilitating public engagement and has made resources available online for those interested in the environmental review and procedural progression of the project.

EnCap Investments L.P., Verdun Oil Company II LLC, XCL Resources Holdings, LLC, and EP Energy LLC have petitioned the Federal Trade Commission (FTC) to change and remove certain prior approval requirements in a decision made on September 13, 2022. The companies argue that these requirements are unnecessary since they no longer operate in the affected area and claim the regulations negatively impact competition and investment. They also highlight significant changes in the competitive landscape of the Uinta Basin, such as increased production and changes in market participants. The FTC is seeking public comments on this petition until April 30, 2025.

The Export-Import Bank of the United States (EXIM) announced that it is adopting several categorical exclusions (CEs) from the Department of Energy under the National Environmental Policy Act (NEPA). These exclusions allow for certain proposed actions by EXIM that do not significantly impact the human environment, thereby speeding up project approvals and conserving resources by eliminating the need for detailed environmental assessments. This decision supports EXIM's Make More in America initiative by enabling quicker processing of transactions that promote U.S. business exports. EXIM consulted with the Department of Energy to ensure the appropriateness of these CEs for their proposed actions.

The Department of Defense (DoD) has proposed a new rule to modify a system of records called the "Defense Sexual Assault Incident Database," which is intended to collect data related to sexual assault cases involving members of the Armed Forces. The rule seeks to exempt certain records within this database from parts of the Privacy Act to allow for better handling of legal actions or investigations without interference. The rule also invites the public to submit comments before it becomes final, and it explains that it won't significantly affect small businesses or impose compliance costs on state, local, or Tribal governments. The proposal is primarily focused on maintaining the privacy and integrity of ongoing investigations and ensuring a streamlined process for handling reports of sexual assault.

The Council on Environmental Quality (CEQ) has finalized new regulations for the Freedom of Information Act (FOIA) and the Privacy Act, reflecting updates from the FOIA Improvement Act of 2016. These revisions aim to make the regulations easier to understand and use, improving public access to government records and information. The final rules also incorporated public feedback, with changes ensuring transparency and a presumption of openness while also addressing how requests and appeals are processed. Additionally, the CEQ has updated administrative procedures, including the handling of fees and how appeals are managed, to align with current policies and practices.

The Department of Justice has proposed a Consent Decree with Fayat S.A.S. and its subsidiaries after filing a lawsuit alleging violations of the Clean Air Act. These companies are accused of importing and selling nonroad equipment with diesel engines that failed to meet emission standards, alongside other breaches related to labeling and reporting. The terms of the agreement require the defendants to pay a $11 million penalty and undertake measures to mitigate pollution caused by these engines. The public has 30 days from the notice's publication to submit comments on this proposed agreement.

The Nasdaq Stock Market LLC proposed new rules requiring additional criteria for companies primarily operating in regions where the Public Company Accounting Oversight Board (PCAOB) cannot inspect public accounting firms, referred to as "Restrictive Markets." These rules mandate that these companies meet minimum offering sizes or public float percentages to list on Nasdaq in connection with Initial Public Offerings (IPOs) or business combinations. The goal is to enhance investor protection by ensuring that enough shares are available to support stable trading and prevent fraudulent activities, particularly in markets with limited regulatory oversight. The proposed changes aim to ensure sufficient investor interest and market liquidity for companies from Restrictive Markets when listing on Nasdaq.

Cboe EDGA Exchange, Inc. has made a proposal to update its Fees Schedule by introducing charges for the use of "Dedicated Cores," which offer improved performance over shared resources. The proposal offers two Dedicated Cores at no cost, while additional cores are subject to fees based on a tiered system with rising costs for more cores used. This change is optional, allowing users to determine if the benefits of dedicated resources outweigh the costs. The proposal aims to manage limited resources fairly and ensure equitable pricing among users who choose to utilize Dedicated Cores.

The Department of Justice has lodged a proposed consent decree with a South Carolina court as part of a lawsuit against LANXESS Corporation. The lawsuit, filed under the Clean Air Act, claims that LANXESS failed to properly manage and monitor equipment at its Charleston facility to prevent hazardous air pollutant leaks. The proposed decree includes a $650,000 civil penalty and requires LANXESS to perform substantial environmental projects, costing at least $3.545 million, to comply with the Clean Air Act. The public can submit comments on this proposed decree within 30 days, either by email or mail.