Search Results for keywords:"transparency"

The Securities and Exchange Commission (SEC) has approved a new rule proposed by the Financial Industry Regulatory Authority, Inc. (FINRA) known as the FINRA Rule 6500 Series. This rule mandates the reporting and public dissemination of securities lending transaction data through FINRA’s Securities Lending and Transparency Engine (SLATE). The goal of this rule is to improve transparency and efficiency in the securities lending market by collecting and providing access to detailed information about securities loans. The implementation of this rule is set for January 2, 2026, with public disclosure of the data to begin by April 2, 2026.

The Securities and Exchange Commission (SEC) has published a notice about proposed changes to the NYSE Chicago, Inc. rules to allow listing and trading of certain Exchange-Traded Products (ETPs). These changes align NYSE Chicago rules with those of NYSE Arca, aiming for consistency and facilitating competition in ETP listings. The new rules are designed to enhance transparency and clarity in exchange rules while ensuring comprehensive oversight through existing surveillance measures. Interested parties are invited to submit their comments on these proposals to the SEC.

The Securities and Exchange Commission announced a notice regarding an application from the Esoterica Thematic Trust and Esoterica Capital LLC. They are seeking an exemption to allow modifications of subadvisory agreements without shareholder approval and relief from certain disclosure rules about fees. The requested exemption would enable more efficient operations by allowing the Adviser to select and amend agreements with subadvisers, subject to approval by the board of trustees, without the need for shareholder meetings. This is intended to streamline processes while ensuring transparency through aggregated fee disclosures.

The Securities and Exchange Commission (SEC) has released a notice concerning an application by The Advisors' Inner Circle Fund and Pathstone Family Office, LLC. They are seeking an exemption from certain regulations under the Investment Company Act of 1940 to allow hiring and replacing sub-advisers without shareholder approval. This would also grant relief from some disclosure rules related to fees paid to these sub-advisers. The goal is to streamline the process and reduce unnecessary delays and costs for the funds involved.

Nasdaq PHLX LLC submitted a rule change to the Securities and Exchange Commission (SEC), seeking to update and clarify the Phlx Rules related to options trading. The changes include updates to definitions, rules on market maker obligations, order types, and how certain orders like All-or-None Orders are processed. The purpose of these amendments is to ensure accuracy and clarity in the rules, improve transparency for market participants, and ensure the trading system operates in line with its current functionality. The proposed changes have been filed for immediate effectiveness, meaning they can be implemented without a 30-day waiting period, as they do not significantly affect investor protection or impose a burden on competition.

The Social Security Administration (SSA) has finalized changes to its Freedom of Information Act (FOIA) regulations to align with the FOIA Improvement Act of 2016. These updates aim to make procedures for accessing information more accessible and clearly outlined for public understanding. The new rule reorganizes SSA's FOIA guidelines, clarifies terms like "commercial interest," and provides extensive details on processing requests, fees, and exemptions. The SSA hopes these changes will improve transparency and efficiency for both the agency and the public.

The U.S. Army Corps of Engineers has introduced new rules for evaluating water resources projects, offering specific procedures to implement principles from federal guidelines established for such investments. This rule aims to maximize public benefits by balancing economic, environmental, and social considerations while prioritizing collaboration and public engagement, including with Tribal Nations. The rule will apply to new and significant projects and does not impose new mandates on small entities or Tribal governments. It emphasizes transparency, public participation, and the consideration of climate change and environmental justice in decision-making processes.

The National Park Service is proposing changes to how the U.S. participates in the World Heritage Convention. These updates aim to align U.S. regulations with the latest guidelines from UNESCO regarding cultural and natural heritage sites. The proposal includes refining procedures for nominating U.S. sites to the World Heritage List, ensuring adequate legal protection for nominated sites, and encouraging public involvement in heritage preservation. The public is invited to comment on these proposed rules, with feedback due by February 3, 2025.

The Administrative Conference of the United States (ACUS) held its virtual Seventy-third Plenary Session, during which it adopted six recommendations and issued one official statement. The recommendations cover a range of topics including rules on rulemakings, protecting sensitive materials in public rulemaking dockets, improving government contract bid protest procedures, and making agency appellate systems more efficient. The official statement addresses the use of artificial intelligence by agencies, highlighting the importance of transparency and oversight. While these recommendations are not binding, they are intended to improve processes within federal agencies and will be shared with affected entities such as Congress and the Judicial Conference of the United States.

The Centers for Medicare & Medicaid Services (CMS) is inviting public comments on its plan to collect information as required under the Paperwork Reduction Act of 1995. This notice discusses the requirements and expected burdens associated with the information collection for the End Stage Renal Disease (ESRD) Conditions for Coverage and Supporting Regulations and the Expanding Access to Women's Health Grant. The public has until February 21, 2025, to submit their input, which can help improve the effectiveness and efficiency of these programs.