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The Nasdaq Stock Market LLC has proposed a rule change to the Securities and Exchange Commission (SEC) related to shares of the iShares Bitcoin Trust. This proposal will allow "in-kind" transfers of bitcoin, alongside the existing cash process, in the trust's creation and redemption of shares. The change aims to enhance efficiency by letting specific participants source bitcoin themselves, which may reduce the trust's market impact and benefit investors. The SEC is seeking public comments on this proposal.

In December 2024, President Joseph R. Biden Jr. issued a proclamation to establish the Carlisle Federal Indian Boarding School National Monument in Pennsylvania. This monument commemorates the Carlisle Indian Industrial School, the first Federal off-reservation boarding school for Native children, notorious for its role in forcibly assimilating Native American, Alaska Native, and Native Hawaiian children. The proclamation acknowledges the historical trauma inflicted by the Federal Indian boarding school system and aims to promote healing and reconciliation by preserving the site's history. The monument will be managed jointly by the National Park Service and the U.S. Army, with a focus on ensuring that the story incorporates Tribal perspectives and acknowledges the resilience of Indigenous communities.

The Federal Trade Commission (FTC) has announced a proposed consent order with Mobilewalla Inc., a data broker accused of unlawfully collecting and selling consumers' sensitive location information without obtaining proper consent. The company allegedly violated multiple parts of the FTC Act by collecting and retaining precise location data and targeting consumers based on characteristics revealed by their location history, such as religion or medical conditions. The proposed order aims to restrict Mobilewalla's future data practices, mandating they verify consumer consent and avoid retaining sensitive data indefinitely. The public is invited to comment on this order until January 6, 2025, before the FTC makes a final decision.

The U.S. Department of Labor has announced an exemption allowing the United Brotherhood of Carpenters Pension Fund to sell a 19.25-acre property in Las Vegas to the United Brotherhood of Carpenters for cash. This decision was based on the finding that the sale to UBC would result in significantly higher net proceeds for the Pension Fund compared to selling the property to a third party. Following public input, the Department removed a proposed revenue-sharing condition but kept a "Clawback Condition" ensuring that if UBC resells the property within ten years for a profit, any excess proceeds must be given to the Pension Fund. The exemption ensures that the sale benefits the Pension Fund and its participants.

Nasdaq PHLX LLC proposed changes to lower the Options Regulatory Fee (ORF) starting in 2025. From November 1, 2024, to December 31, 2024, they plan to reduce the ORF fee from $0.0034 to $0.0022 per contract. Beginning January 1, 2025, the methodology for assessing ORF will change to include different rates for options traded on different exchanges, with new rates applied to various transactions except those by market makers. The proposal aims to ensure that the fees collected cover regulatory costs without exceeding them.

The Securities and Exchange Commission has announced a rule change proposed by The Nasdaq Stock Market LLC. This change involves modifying the Options Regulatory Fee (ORF) by decreasing it from $0.0016 to $0.0014 per contract side, starting from November 1, 2024, until December 31, 2024, to ensure that the revenue from this fee does not exceed the costs associated with regulatory responsibilities. From January 1, 2025, Nasdaq plans to introduce a new method of assessing ORF, which will exclude proprietary product transactions and focus on clearing transactions across various participant types, while adopting different rates for trades executed on Nasdaq and non-Nasdaq exchanges. This new approach aims to cover a material portion of regulatory costs without generating excessive revenue and is set to conclude on July 1, 2025, when the original rates and structure will be reinstated unless further reviewed.

The U.S. Fish and Wildlife Service has revised the critical habitat designation for the northern spotted owl, resulting in the exclusion of approximately 3.5 million acres across Washington, Oregon, and California. These exclusions reflect a reconsideration of various impacts, including economic and environmental factors, as well as new information since the 2012 designation. The decision is based on the determination that these exclusions will not lead to the extinction of the species, considering the threats posed by invasive barred owls and ongoing habitat conservation efforts. The revised designation continues to protect critical habitat areas for the owl's survival while balancing other land management priorities.

The U.S. Department of Energy (DOE) announced new energy conservation standards for walk-in coolers and freezers. These revised standards aim to save energy, are feasible with current technology, and are economically justified. The updated rules will take effect on February 21, 2025, with compliance dates for specific components set for 2027 and 2028. The DOE's decision was based on a careful evaluation of the benefits and costs to consumers and the impact on manufacturers.

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 Environmental Protection Agency (EPA) is proposing changes to the rules regulating air pollution from the Oil and Natural Gas Sector. These changes focus on improving standards related to temporary flaring and the monitoring of heating value for certain emissions. The proposed amendments are a response to industry feedback, aiming to extend the allowable duration for flaring in certain situations from 24 to 48 hours and adjust monitoring requirements for emissions based on updated data provided by industry stakeholders. The EPA will accept public comments on these proposed changes until March 3, 2025.