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:90 FR 8160
    Reading Time:about 2 minutes

    The Department of Justice has submitted a proposed consent decree to a New Mexico court regarding a lawsuit against HF Sinclair Navajo Refining LLC, alleging that they violated air quality laws at their refinery. The proposed settlement requires HF Sinclair to pay a $35 million civil penalty and undertake various projects to reduce harmful emissions. The public is invited to comment on this decree within 30 days of its publication, with details available on the Department of Justice's website. Comments can be submitted via email or mail, and may be added to the public court record.

    Simple Explanation

    The government and a big company called HF Sinclair had a disagreement because the company wasn't being very careful with the air we breathe. They've decided that HF Sinclair will pay a big fine and do some good things to clean up the air, and people can let the government know what they think about this plan by sending in their ideas.

  • Type:Notice
    Citation:86 FR 8220
    Reading Time:about a minute or two

    On January 29, 2021, the Department of Justice filed a lawsuit against Stericycle, Inc. for allegedly violating the Clean Air Act by exceeding nitrogen oxides (NOx) emission limits from its medical waste incinerator in North Salt Lake, Utah. To resolve the lawsuit, Stericycle has agreed to a proposed consent decree, which includes paying a $600,000 fine and funding a project to replace old diesel school buses with cleaner models at a cost of about $2 million. Public comments on this proposed settlement are being accepted for 30 days following the notice's publication, and the consent decree is available for review on the Justice Department's website.

    Simple Explanation

    The government said a company broke pollution rules, so the company agreed to pay some money and help make old school buses cleaner. People can look at the agreement and say if they think it's fair, but they need internet or money to get a copy, which might be hard for some people.

  • Type:Notice
    Citation:86 FR 8240
    Reading Time:about 11 minutes

    The New York Stock Exchange (NYSE) has proposed a rule change to defer the billing of initial listing fees for Acquisition Companies by one year from their listing date. The Exchange believes this change is needed to stay competitive with primary competitor Nasdaq, which already has a similar deferral policy. Acquisition Companies uniquely deposit 100% of IPO proceeds into trust accounts, which makes early-stage fees burdensome. This deferral aims to encourage more of these companies to list on the NYSE without negatively impacting revenue or regulatory funding.

    Simple Explanation

    The NYSE wants to let certain companies wait a year to pay a big fee when they join, so more of them might pick the NYSE instead of a different exchange. They think this won't stop them from doing important jobs like checking rules, even if it temporarily means less money.

  • Type:Notice
    Citation:90 FR 11829
    Reading Time:about 10 minutes

    ANR Pipeline Company has filed an application for its Heartland Project, which involves installing new pipelines and stations across counties in Wisconsin and Illinois to boost natural gas supply in the Midwest. The Federal Energy Regulatory Commission (FERC) is reviewing the application and invites public participation through comments, protests, and interventions, with a deadline of March 27, 2025. The estimated cost for the project is $902 million, and it aims to increase transportation capacity by 473,000 dekatherms per day. The public can track the project's progress via FERC's website and utilize services like eSubscription for updates.

    Simple Explanation

    ANR Pipeline Company wants to build new pipes to move more gas in the Midwest, and they need permission from the energy people who are asking everyone what they think before March 27, 2025. The project will cost a lot of money, $902 million, but they're not saying exactly where that money will go.

  • Type:Rule
    Citation:90 FR 4424
    Reading Time:about 11 hours

    The Department of Health and Human Services (HHS) issued a final rule detailing changes to regulations associated with the Affordable Care Act (ACA) for the year 2026. This rule covers various elements such as payment parameters, risk adjustment programs, and changes to user fee rates for health plans offered through Exchanges. It also introduces modifications to how quality improvement and medical loss ratio reporting are managed, aiming to enhance health equity, reduce health disparities, and minimize the administrative burden on healthcare providers. These updates are part of ongoing efforts to ensure consumers have access to quality and affordable health coverage.

    Simple Explanation

    The government made some new rules to help people get good and affordable health insurance by changing how healthcare providers manage money and report quality improvements. These changes aim to make sure everyone can have better healthcare without too much confusion or extra work.

  • Type:Rule
    Citation:89 FR 103512
    Reading Time:about 4 hours

    The Environmental Protection Agency (EPA) has finalized a rule to address health risks from carbon tetrachloride (CTC) under the Toxic Substances Control Act (TSCA). This rule will establish workplace safety requirements and prohibit certain manufacturing and commercial uses of CTC where evidence shows these uses have ceased. It also introduces recordkeeping and notification responsibilities. The rule supports broader environmental goals, like those in the American Innovation and Manufacturing Act and the Kigali Amendment, aimed at reducing substances harmful to the ozone layer.

    Simple Explanation

    The EPA is making new rules to help keep people safe from a chemical called carbon tetrachloride (CTC). They want to make sure it's used safely at work and stop using it in ways that are not safe anymore.

  • Type:Notice
    Citation:90 FR 12156
    Reading Time:about 7 minutes

    El Paso Natural Gas Company, L.L.C. has filed a request with the Federal Energy Regulatory Commission (FERC) to abandon its Monument Compressor Station Unit 1B located in New Mexico, in order to cut down on operational costs. The public can participate in the review process by filing protests, motions to intervene, or comments by May 6, 2025. There is no charge for filing these documents and the guidelines for participation are detailed on the FERC website. Documents related to this project are accessible online via FERC’s eLibrary or can be subscribed to for updates.

    Simple Explanation

    El Paso Natural Gas Company wants to stop using a part of their gas station in New Mexico because it costs too much to keep running. People can say what they think about this by sending messages online, but they need to do it before May 6, 2025.

  • Type:Notice
    Citation:86 FR 8617
    Reading Time:about 4 minutes

    The Environmental Protection Agency (EPA) has announced a proposed settlement regarding the Crest Rubber Superfund Site in Alliance, Ohio. This settlement involves Bridgestone and its related companies, who will pay over $1.4 million to the Hazardous Substance Superfund to cover past cleanup costs. The EPA seeks public comments on this proposal for 30 days following the notice's publication. Comments must include specific details and be submitted by the deadline to be considered.

    Simple Explanation

    The EPA wants Bridgestone and some of its companies to pay for cleaning up a messy place in Ohio, and they want people's thoughts on this plan for 30 days.

  • Type:Notice
    Citation:86 FR 11950
    Reading Time:about 3 minutes

    The Department of Defense has announced an arms sale to Egypt, allowing them to purchase up to 168 RIM-116C Rolling Airframe Missiles (RAM) Block 2 tactical missiles. This deal, valued at approximately $197 million, includes related support and logistical services. The sale aims to strengthen Egypt's naval defense, specifically improving their protection of coastal regions and the Suez Canal, without upsetting the regional military balance. Raytheon Missiles & Defense is the principal contractor for this sale, and no U.S. personnel will be required to assist in Egypt.

    Simple Explanation

    The US government is letting Egypt buy some special missiles for their boats to help keep their coasts and a big waterway safe. They say it won't cause any problems for others nearby, and the company making the missiles is called Raytheon.

  • Type:Notice
    Citation:90 FR 10656
    Reading Time:about 40 minutes

    Nasdaq Stock Market LLC filed a proposed rule change with the SEC to list and trade shares of the CoinShares Litecoin ETF under Nasdaq Rule 5711(d), which focuses on Commodity-Based Trust Shares. The CoinShares Litecoin ETF will allow investors to gain exposure to Litecoin, a digital currency. The proposal outlines how the ETF will operate, including its investment objective, valuation, and security measures for safeguarding the digital currency. The SEC is seeking public comments on this proposed rule change before making a decision to approve or disapprove it.

    Simple Explanation

    Nasdaq wants to offer a way for people to invest in Litecoin, a type of digital money, by creating something like a "Litecoin fund" that people can buy shares of; the government is checking if this is a good idea and wants people to share their thoughts.