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Search Results: keywords:"Interfor Sales

  • Type:Notice
    Citation:86 FR 2644
    Reading Time:about 7 minutes

    The National Oceanic & Atmospheric Administration (NOAA) is seeking public feedback on the proposed information collection for the Individual Fishing Quotas (IFQ) for Pacific Halibut and Sablefish in Alaska. The IFQ Program aims to provide economic stability and manage these fisheries effectively, supporting coastal communities while protecting small-scale fishers. Public comments are invited until March 15, 2021, and individuals or organizations can submit their thoughts via email. The collection includes various forms and requirements to manage permits and quota shares effectively, and the feedback will help evaluate and improve the program's utility and reduce the reporting burden.

    Simple Explanation

    The government wants to know what people think about how they manage certain types of fish caught in Alaska. They are asking everyone to share their thoughts to help make the rules better and easier for people who catch the fish.

  • Type:Notice
    Citation:89 FR 95853
    Reading Time:about 76 minutes

    The Securities and Exchange Commission (SEC) is evaluating a rule change proposed by NYSE Arca to list and trade shares of the Bitwise 10 Crypto Index Fund, which primarily deals with digital currencies like Bitcoin and Ethereum. This fund, operating under proposed NYSE Arca Rule 8.800-E, will not use derivatives, thus minimizing counterparty risks and will only handle digital assets and cash. The SEC will decide on the rule change by either approving, disapproving, or investigating further within a set timeframe. Interested parties are invited to submit their comments on this proposal to the SEC.

    Simple Explanation

    The SEC is thinking about letting a company called NYSE Arca offer a special box of digital money, like Bitcoin, called the Bitwise 10 Crypto Index Fund. This box won't use tricky things called derivatives, which makes it safer, and people can tell the SEC what they think about this plan.

  • Type:Notice
    Citation:86 FR 6411
    Reading Time:about 20 minutes

    The Financial Crimes Enforcement Network (FinCEN), part of the U.S. Treasury Department, is seeking comments on renewing a rule about recordkeeping for certain financial transactions. The rule mandates financial institutions to keep records of purchases of items like bank checks and money orders when bought with cash amounts ranging from $3,000 to $10,000. FinCEN is not proposing any changes to the rule itself but wants feedback on improving the process to estimate time and costs for financial institutions to comply with these requirements. Public comments are invited by March 22, 2021, and will help FinCEN refine their data collection and reduce paperwork burdens.

    Simple Explanation

    The government wants to keep track of when people buy special types of checks and orders with money, and they're asking for ideas on how to do it better. They aren't changing the rules but want to know how long it takes and how much it costs for banks to follow these rules.

  • Type:Notice
    Citation:86 FR 8760
    Reading Time:about 7 minutes

    The Department of Commerce is collecting public comments on the Annual Business Survey (ABS), which gathers data to better understand business dynamics in the U.S. The survey, conducted by the Census Bureau, includes information on business owners' demographics, and research and development activities, particularly aiming to improve minority and disadvantaged groups' access to resources. For 2021, the survey will expand to cover more nonprofit organizations, adding to its 308,000 respondents. The collected data will support government programs and agencies, enhance business support services, and contribute to national economic analyses.

    Simple Explanation

    The Commerce Department is asking people to share their thoughts on a big survey that helps them learn about who owns businesses in the U.S. and what they do. This survey wants to hear more from nonprofits and will help the government make better plans for businesses, especially for those who might need more help.

  • Type:Rule
    Citation:86 FR 5596
    Reading Time:about 7 hours

    The Department of Agriculture has finalized a rule superseding the interim rule to establish the Domestic Hemp Production Program, as required by the 2018 Farm Bill. This rule outlines regulations for State and Tribal plans and a Federal plan for hemp production where State or Tribal plans are not USDA-approved. The program details requirements for record-keeping, THC level testing, disposal of non-compliant plants, producer licensing, and overall compliance. The rule also specifies procedures for land use data collection and cooperation with law enforcement and other agricultural agencies.

    Simple Explanation

    The U.S. government made a new rule about growing hemp, a kind of plant, to make sure everyone knows the rules and keeps records. Some people think it might be hard and confusing to follow all these rules, especially keeping in touch with police and testing the plants safely.

  • Type:Rule
    Citation:86 FR 4885
    Reading Time:about 88 minutes

    The U.S. Department of Energy (DOE) determined that more stringent energy conservation standards for small electric motors (SEMs) are not cost-effective, so existing standards will remain unchanged. The analysis by DOE found that while technically feasible improvements exist for SEMs, the costs of implementing them would outweigh the energy savings benefits for consumers. As a result, the standards set by the Energy Policy and Conservation Act (EPCA) will not be amended because they would not be economically justified. This decision concludes that the potential energy conservation from new standards would not meet significant conservation thresholds under the current criteria.

    Simple Explanation

    The U.S. Department of Energy decided not to change the rules for saving energy with small electric motors because making changes would cost too much money compared to the energy saved.

  • 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:Notice
    Citation:90 FR 14284
    Reading Time:about 20 minutes

    The Securities and Exchange Commission is considering a proposed rule change submitted by the Financial Industry Regulatory Authority, Inc. (FINRA). This change aims to exempt certain business development companies (BDCs) from existing restrictions on buying and selling initial public offerings (IPOs). Specifically, non-traded BDCs will be allowed to purchase new IPOs more easily, just like publicly traded BDCs and other investment companies. This move is designed to give these non-traded BDCs and their investors better access to diverse investment opportunities, potentially improving their portfolio balance and investments in new stock issues.

    Simple Explanation

    Imagine there are rules about who can buy shiny new toys when they first come out. The people who make the rules want to let certain groups that usually can't buy these toys when they're new get a chance to buy them, hoping they can have more fun and new toys to play with.

  • Type:Rule
    Citation:86 FR 810
    Reading Time:about 5 hours

    The Treasury Department and Internal Revenue Service have issued final regulations addressing how certain taxpayers should report income and advance payments under an accrual method of accounting. These regulations, influenced by the Tax Cuts and Jobs Act, require that income be reported no later than when it is recorded in a taxpayer’s financial statement. The regulations also allow some taxpayers to defer reporting income from advance payments to the next taxable year, provided it matches the company's financial statement treatment. These rules aim to ensure consistency between tax reporting and financial accounting.

    Simple Explanation

    The Treasury Department and IRS made new rules so that businesses who keep track of money they earn and spend can do it in a way that matches their financial reports, especially when they get money before doing the work. This helps everything line up nicely and makes it fair when they say how much they earned.

  • Type:Notice
    Citation:86 FR 123
    Reading Time:about 9 minutes

    The U.S. Fish and Wildlife Service is proposing a new information collection related to their concessions program, as part of their efforts to reduce paperwork and gather comments from the public. This program involves private businesses and nonprofits managing recreation facilities within National Wildlife Refuges. They aim to collect information to ensure operations minimize wildlife disturbance, offer high-quality visitor experiences, and comply with financial and management requirements. Comments are invited from the public until February 3, 2021, focusing on the necessity, accuracy, and ways to improve the information collection process.

    Simple Explanation

    The U.S. Fish and Wildlife Service wants to collect information from businesses that help run fun activities in wildlife parks to make sure everything is done correctly and safely. They are asking people to tell them if this is a good idea and if it can be improved.