Search Results for keywords:"Kumho P

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Search Results: keywords:"Kumho P

  • Type:Rule
    Citation:90 FR 9684
    Reading Time:about 27 minutes

    The Securities and Exchange Commission (SEC) has adopted technical amendments to fix various errors in rules and forms under the Securities Act of 1933 and the Securities Exchange Act of 1934. These changes aim to correct typographical mistakes and outdated references in the existing regulations. The updated guidelines aim to ensure the accuracy and currency of legal references and cross-references in SEC regulations and forms. These amendments will take effect on February 18, 2025.

    Simple Explanation

    The SEC is fixing some tiny mistakes in its rules and forms to make sure everything is correct and up-to-date, like fixing typos or wrong page numbers, and these fixes will start working from February 18, 2025.

  • Type:Proposed Rule
    Citation:86 FR 5112
    Reading Time:about 40 minutes

    The U.S. Fish and Wildlife Service is proposing changes to regulations for the American alligator to improve clarity and eliminate unnecessary rules, while still ensuring conservation efforts. The proposed rule aims to remove certain state-based sales conditions for alligator products, like hides, under the Endangered Species Act, which would streamline interstate and international commerce. These changes are in response to a petition from Louisiana and would help eliminate confusion between federal, state, and tribal regulations. Public comments on this proposed rule are invited until March 22, 2021.

    Simple Explanation

    The U.S. Fish and Wildlife Service wants to change how rules work for selling American alligator parts, like skins, to make things simpler and clearer. They hope this will stop any mix-ups between different rules from the states and countries about buying and selling alligators.

  • Type:Rule
    Citation:90 FR 5582
    Reading Time:about 47 minutes

    The Social Security Administration has issued a Temporary Final Rule (TFR) extending the flexibility in evaluating the "close proximity of time" standard for musculoskeletal disorder listings until May 11, 2029. This extension allows the administration more time to study healthcare practices and access, especially given the increased use of telehealth services after the COVID-19 Public Health Emergency. The rule aims to accommodate the ongoing changes in healthcare access and provision by allowing more time for individuals to meet the required medical listing criteria for disability claims. The public is invited to submit comments on this rule by March 18, 2025.

    Simple Explanation

    The Social Security Administration wants more time to see how doctors and patients use new ways of meeting, like online video calls, before deciding on new rules for people with certain health problems. They will keep using the current rules until 2029 and are asking people to share their thoughts.

  • Type:Notice
    Citation:86 FR 157
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) published a notice regarding two applicants, Premier Multi-Series VIT and SEI Insurance Products Trust, seeking orders to stop being classified as investment companies. Premier Multi-Series VIT made a final distribution to its shareholders on April 22, 2020, and incurred expenses of roughly $97,923 in this process. SEI Insurance Products Trust completed a similar process on September 28, 2020, costing around $21,512. Both companies filed official applications in 2020 to formalize their requests with the SEC.

    Simple Explanation

    The Securities and Exchange Commission (SEC) is sharing that two companies want to stop being called "investment companies" because they gave the money back to the people who put money in and then closed. They paid a lot of money to do this, but it's not clear why or how it was decided.

  • Type:Notice
    Citation:89 FR 97706
    Reading Time:about a minute or two

    The Department of the Treasury, through the Bureau of the Fiscal Service, issued a notice correcting previous errors regarding fees for surety and reinsuring companies, as published in the Federal Register on December 2, 2024. The original document introduced new renewal fees for various types of reinsurers and increased existing fees, to be effective from January 1, 2025. Due to typographical errors affecting dollar amounts in the initial publication, corrections have now been issued, specifying the updated fee rates.

    Simple Explanation

    The government made a mistake writing down the fee amounts for some companies that help with insurance, and now they're fixing those mistakes to make sure everyone pays the right amount. They didn't say exactly what was wrong or how to ask questions, so people might still be a little confused.

  • Type:Notice
    Citation:89 FR 99907
    Reading Time:about a minute or two

    The Department of Justice has approved a proposed settlement with United Molasses, Inc. under the Oil Pollution Act concerning oil discharges at Terminal 4 in Richmond, California. As part of the settlement, United Molasses, Inc. will pay $650,000 to settle claims for damage to natural resources. The public can review and comment on this agreement until January 10, 2025, by contacting the Assistant Attorney General, Environment and Natural Resources Division. Further details and access to the settlement document are available on the Justice Department's website.

    Simple Explanation

    The Justice Department wants to settle a case about an oil spill that United Molasses, Inc. caused in California. They agreed that United Molasses will pay $650,000 to help fix the damage the oil caused to nature, and people have until January 10, 2025, to share their thoughts about this plan.

  • Type:Notice
    Citation:90 FR 16557
    Reading Time:less than a minute

    The Justice Management Division of the Department of Justice has announced the availability of its FY 2023 Service Contracts Inventory and Inventory Supplement. This inventory includes details of service contracts over $25,000 awarded during the fiscal year and provides insights into the money spent and labor hours worked on these contracts. The information is used to assess whether the Department is utilizing contract labor effectively and maintaining a suitable balance between federal employees and contractors. Sensitive or proprietary contractor information is not included in the inventory.

    Simple Explanation

    The Justice Department's special team that manages money stuff is letting people know they have a list that shows all the big jobs they've paid other companies to do for them in the past year. This list helps them check if they're hiring the right mix of their own workers and outside helpers.

  • Type:Notice
    Citation:86 FR 6878
    Reading Time:about a minute or two

    The Department of Defense has announced the new rent threshold for 2020 under the Servicemembers Civil Relief Act. As of January 1, 2021, the adjusted maximum monthly rental amount service members can have without facing eviction is $4,089.62. This adjustment accounts for inflation and is intended to protect service members and their families from eviction during periods of military service. The changes are published in the Federal Register to ensure transparency and compliance.

    Simple Explanation

    The Department of Defense has set a new rule that says military members can't get kicked out of their rental homes if their monthly rent is $4,089.62 or less, starting in 2021. This helps make sure that soldiers and their families have a safe place to live, even when they have to move around for their jobs.

  • Type:Notice
    Citation:89 FR 97072
    Reading Time:about a minute or two

    The Bureau of Prisons announced the Cost of Incarceration Fee (COIF) for Fiscal Year 2023. This fee, which covers the average cost of housing federal inmates, is calculated at $44,090 annually, or $120.80 per day, for those in Bureau or non-Bureau facilities. Inmates in Residential Reentry Centers cost $41,437 annually, or $113.53 per day. This information helps outline the financial obligations for housing inmates under federal care.

    Simple Explanation

    The government shared how much it costs each year to keep people in federal prisons. It costs about $44,090 to take care of each person, meaning it costs $120.80 every day.

  • Type:Notice
    Citation:90 FR 10518
    Reading Time:about a minute or two

    The Options Clearing Corporation (OCC) submitted a proposed rule change to the Securities and Exchange Commission (SEC) to adjust fees related to contracts. They wanted to increase the per contract clearing fee from $0.02 to $0.025 and remove a $55 flat fee for large transactions. This proposal was originally filed on December 19, 2024, and opened for public comment, but on February 14, 2025, the OCC decided to withdraw the proposal. The withdrawal was officially communicated by Sherry R. Haywood, the Assistant Secretary of the SEC.

    Simple Explanation

    The Options Clearing Corporation (OCC) wanted to charge a bit more money for each thing they help people trade, and stop charging a special fee for big swaps, but then they changed their mind and decided not to do it.