Search Results for keywords:"Merck Sharp

The National Marine Fisheries Service (NMFS) has issued a final rule that modifies the duration limits on permits and Letters of Confirmation (LOCs) under the Marine Mammal Protection Act. Previously, these permits and LOCs were limited to five years, but now NMFS can issue them for longer periods if deemed appropriate. This change aims to make the permitting process more efficient and less burdensome for researchers and other permit holders. Public comments regarding the proposed change have been considered, and any new permits will continue to be subject to a public comment period before issuance.

The Federal Aviation Administration (FAA) has issued a rule that requires repair stations outside the United States, which maintain certain U.S. commercial aircraft, to conduct drug and alcohol testing for their employees who perform safety-sensitive tasks. This rule aims to align with local laws where these stations operate and provides several pathways for compliance, such as seeking waivers if local laws conflict with FAA regulations. The rule will take effect in January 2025, with full compliance required by December 2027. This regulation is part of an ongoing effort to ensure aviation safety by ensuring that repair station employees meet similar standards to those in the United States.

The Federal Aviation Administration (FAA) has issued a new rule that updates the process for requesting special flight authorizations for supersonic aircraft in the U.S. This rule simplifies the application procedure for testing these aircrafts at speeds over Mach 1, mainly for purposes like checking airworthiness and reducing sonic boom impacts. While the rule streamlines administrative requirements, it does not change the long-standing general ban on routine overland supersonic flight. The FAA still heavily focuses on ensuring these tests consider potential environmental impacts, following regulations like the National Environmental Policy Act (NEPA).

The U.S. Nuclear Regulatory Commission (NRC) is proposing a new rule to update its regulations by incorporating revisions to three regulatory guides related to Code Cases published by the American Society of Mechanical Engineers (ASME). These changes would provide new and updated engineering standards for nuclear power plant components, allowing licensees and applicants to use these standards as voluntary alternatives. The NRC is seeking public comments on this proposal, and if implemented, it is expected to reduce costs for both the NRC and the nuclear industry by simplifying compliance requirements. The aim is to ensure safety while aligning with contemporary engineering practices and international standards.

The Securities and Exchange Commission (SEC) is seeking public comments on reform measures for money market funds to improve their resilience and prevent future economic stress. The reforms, discussed in a report by the President's Working Group on Financial Markets, aim to address issues observed during the COVID-19 pandemic when money market funds experienced significant stress and required government intervention. Measures under consideration include changes to fund liquidity management, new redemption rules, and potential requirements for fund sponsors to provide support. Public input will inform these reforms to enhance the stability of money market funds and related financial markets.

The Office of Personnel Management (OPM) issued a final rule to change how Federal Wage System (FWS) wage area boundaries are defined, making them more similar to those used for General Schedule (GS) locality pay areas. This rule, effective October 1, 2025, and impacting about 10% of FWS employees, aims to address pay disparities by reducing the number of FWS wage areas and aligning them more closely with GS locality pay areas. It is based on recommendations from the Federal Prevailing Rate Advisory Committee (FPRAC) and is expected to result in pay increases for some workers while others may see little change or enter pay retention due to the restructuring.

The U.S. Customs and Border Protection (CBP) is proposing changes to the regulations for low-value shipments, where the retail value does not exceed $800. Merchandise affected by specific trade or national security measures would no longer be eligible for an administrative exemption from duties and taxes. This proposal aims to protect U.S. revenue and ensure compliance with trade laws. Public comments are requested before March 24, 2025, and additional details can be submitted through the Federal eRulemaking Portal.

The United States Department of Agriculture's Agricultural Marketing Service has issued a final rule aiming to make payments to poultry growers fairer. This rule under the Packers and Stockyards Act prohibits certain unfair practices used by live poultry dealers, especially in the competitive systems that determine how much growers are paid. It also requires dealers to provide more information to growers before asking them to invest in expensive farm updates, helping to reduce confusion and unfair advantage. Overall, the rule strengthens transparency, fairness, and accountability in the industry.

The National Credit Union Administration (NCUA) Board finalized a new rule allowing certain credit unions to issue subordinated debt to boost their regulatory capital. This rule primarily affects low-income designated credit unions, complex credit unions, and new credit unions. The final rule outlines several requirements such as amending the definition of "Accredited Investor," setting disclosure guidelines, and reviewing credit unions' applications to issue subordinated debt. Additionally, it includes changes aiming to safeguard both the credit unions and the National Credit Union Share Insurance Fund (NCUSIF) from increased financial risk.

The Department of Education has issued final regulations aimed at improving program integrity and institutional quality for programs under Title IV of the Higher Education Act of 1965. These regulations focus on two key areas: distance education and the return of Title IV funds. They introduce new requirements for institutions to report the enrollment status of students in distance and correspondence courses and streamline the process for returning unearned Title IV funds when a student withdraws. These changes, effective July 1, 2026, seek to enhance data collection and oversight while simplifying administrative procedures for educational institutions.