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The Environmental Protection Agency (EPA) has proposed updates to the Clean Water Act methods for analyzing pollutants in effluent. This rule aims to improve data quality and consistency by introducing new methods for detecting specific substances like PFAS and PCB congeners, while withdrawing outdated testing parameters and methods. Additionally, the proposal includes simplifying certain sampling requirements and making minor corrections to existing tables of approved methods. Public comments on this proposal are invited until February 20, 2025.

The U.S. Fish and Wildlife Service has proposed listing the blue tree monitor, a rare lizard native to Indonesia, as an endangered species under the Endangered Species Act. This proposed rule is due to the lizard's shrinking population, caused by habitat loss from deforestation, climate change, and overcollection for the international pet trade. The service has identified that the blue tree monitor faces an immediate risk of extinction throughout its entire range. Public comments are invited until February 24, 2025, and a temporary 240-day emergency listing is also concurrently in effect.

The Environmental Protection Agency (EPA) is proposing to disapprove West Virginia's plan to address regional haze in national parks and wilderness areas. The EPA argues that West Virginia didn't properly analyze which pollution control measures are necessary to make reasonable progress toward improving visibility, as required by the Clean Air Act. The EPA's proposed disapproval doesn’t immediately impose any penalties on West Virginia, but it does start a two-year period during which the EPA must create its own plan if West Virginia doesn't correct the identified issues. Public comments on this proposal are being accepted until February 20, 2025.

The final regulations clarify the application of excise taxes on payments made for air transportation services. Specifically, they address the exemption for payments made for certain aircraft management services, including maintenance and support of an aircraft owner's plane, ensuring that the tax does not apply to amounts paid for these services. The regulations also discuss rules related to aircraft charters and the responsibilities of various parties in collecting the air transportation taxes. These changes aim to incorporate statutory updates and simplify compliance for taxpayers and IRS examiners.

The interim final rule from the U.S. Small Business Administration (SBA) and the Department of the Treasury outlines updates to the Paycheck Protection Program (PPP) loan forgiveness and review procedures, incorporating changes mandated by the Economic Aid Act. This includes guidelines for forgiving loans from both the first and second draw of PPP loans and addressing necessary documentation and processes for loan forgiveness. Key updates include the extension of the program, new rules regarding nonpayroll costs, and exemptions for certain borrowers. The rule aims to provide immediate relief to small businesses impacted by the COVID-19 pandemic and allows the SBA to continue remitting forgiveness payments promptly.

The Environmental Protection Agency (EPA) has issued a final rule that extends the deadline for compliance reporting under the Renewable Fuel Standard (RFS) program for the 2024 compliance year. This extension gives fuel producers, distributors, and suppliers more time to demonstrate compliance with their renewable volume obligations. The rule includes other minor updates, such as amendments to the biodiesel quality standards and consolidation of deadlines for certain compliance reports. This change is meant to alleviate the regulatory burden on affected parties and provides clear, updated guidelines for compliance.

Nasdaq has filed a proposal with the Securities and Exchange Commission (SEC) to list and trade shares of the 21Shares Polkadot Trust under Nasdaq Rule 5711(d), which deals with Commodity-Based Trust Shares. The trust aims to track the performance of Polkadot (DOT) without directly holding the cryptocurrency, allowing investors to access the market indirectly through traditional brokerage accounts. As part of its investment strategy, the trust will not use leverage or derivatives and will be managed by 21Shares US LLC. The SEC is seeking comments from the public on this proposed rule change, which must be approved to ensure it aligns with regulations designed to protect investors and prevent fraudulent activities.

The Federal Communications Commission (FCC) is reviewing and updating its rules for submarine cables to better protect national security, ensure regulatory clarity, and streamline the licensing process. The FCC proposes new requirements including more frequent reporting, updated cybersecurity measures, and stricter ownership transparency rules for cable operators. The aim is to address evolving threats and manage risks associated with submarine cables, which are critical to global communications. Public comments on these proposals are invited, reflecting a commitment to consider stakeholder input in shaping the final rules.

The U.S. Fish and Wildlife Service is proposing to classify the monarch butterfly as a threatened species under the Endangered Species Act. They aim to designate critical habitat areas, particularly in California, to protect these butterflies. Additionally, they plan to allow certain activities, like habitat restoration and conservation efforts, even if they might unintentionally harm some butterflies. Public comments on the proposal will be accepted until March 12, 2025, and informational meetings are scheduled to discuss the details further.

The U.S. Securities and Exchange Commission (SEC) has finalized amendments to improve financial disclosure requirements under Regulation S-K. These changes remove the need for companies to provide Selected Financial Data and streamline the need to disclose Supplementary Financial Information. Additionally, they update the Management's Discussion & Analysis of Financial Condition and Results of Operations (MD&A) rules to make financial statements more transparent and less repetitive. The goal is to help investors by making disclosures clearer and to reduce compliance difficulties for companies.