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The Alcohol and Tobacco Tax and Trade Bureau has announced an increase in the maximum penalty for violations of the Alcoholic Beverage Labeling Act (ABLA) from $25,561 to $26,225 due to inflation. This adjustment is part of a regular update required by the Federal Civil Penalties Inflation Adjustment Act, aiming to keep penalties effective and properly reflect their deterrent impact. The new penalty amount takes effect on January 16, 2025, and applies to any violations assessed after that date. For more details, readers can visit the Bureau's updated web page.

The United States Department of Justice, along with several states, filed a lawsuit against RealPage, Inc. and several landlord companies, claiming they violated antitrust laws. The lawsuit alleges that these companies used RealPage's software to share sensitive rental information to influence and align rental prices, reducing competition and leading to higher rents for tenants. As part of a proposed settlement, Cortland Management, one of the defendants, agreed to stop using RealPage's software and instead use its own revenue management system without sharing sensitive data. The settlement aims to prevent Cortland from engaging in similar anticompetitive behavior in the future.

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. Copyright Office is seeking public input for a study on the Copyright Claims Board (CCB) as mandated by the Copyright Alternative in Small-Claims Enforcement Act of 2020. This notice of inquiry invites comments on various aspects of the CCB's operation, such as its effectiveness in resolving copyright disputes, barriers for users, possible rule adjustments, and opportunities for improvement, including the incorporation of alternative dispute resolution options. The feedback collected will help refine policies and procedures, ensuring the CCB is accessible and effective for addressing copyright claims up to $30,000. Comments are due by May 9, 2025, and reply comments by June 23, 2025.

The Office of the United States Trade Representative (USTR) is seeking written comments on possible trade actions in response to China's efforts to dominate the maritime, logistics, and shipbuilding sectors. The USTR plans to hold a public hearing and is proposing fees on services provided by Chinese maritime operators entering U.S. ports, as well as restrictions to encourage the transport of U.S. goods on U.S. vessels. Additionally, there may be actions to reduce reliance on Chinese logistics platforms. Comments must be submitted by March 24, 2025, for consideration.

MIAX PEARL, LLC has submitted a proposal to the Securities and Exchange Commission to change its fee schedule for trading equities. The proposal suggests increasing the rebate for displayed orders adding liquidity in Tape B securities to $0.0035 per share and decreasing the fee for removing liquidity to $0.0027 per share, effective January 1, 2021. These changes aim to encourage more trading on the platform by offering better incentives compared to competitors. The proposed fee adjustments are intended to attract more order flow, boost liquidity, and enhance the trading opportunities available for market participants.

The Federal Communications Commission (FCC) has issued a notice inviting public comments on a proposed information collection to reduce paperwork burdens. The FCC aims to specifically gather input on how to alleviate this burden on small businesses with fewer than 25 employees. The notice outlines various sections of regulations and the obligations imposed on entities concerning station identification, pay-per-call services, competitive networks, and technical support. The FCC seeks feedback on whether these requirements are necessary and suggestions to improve them, ensuring transparency and compliance with existing laws.

The Securities and Exchange Commission has received a proposed rule change from NYSE Arca, Inc. to amend its options fee schedule. The change aims to lower the cap on fees for certain options strategy executions from $1,000 to $200 for OTP Holders trading at least 25,000 monthly contract sides. This move is intended to motivate OTP Holders to increase their trading volume on the Exchange, which could enhance market depth, tighten bid-ask spreads, and improve price discovery. The Exchange believes this proposal encourages competition by making NYSE Arca a more attractive venue for strategy executions.

The Rural Housing Service of the USDA issued a final rule to update regulations for Multi-Family Housing and Community Facilities, aligning them with new federal financial assistance guidelines from the Office of Management and Budget. Significant changes include raising the audit threshold to $1 million for certain federal financial assistance recipients and revising financial language to ensure compliance with OMB updates. Additionally, the rule clarifies exceptions and updates language in specific sections related to applications and financial reporting requirements. These changes are effective from December 6, 2024.

The document discusses the Environmental Protection Agency’s (EPA) response to certain comments about the Good Neighbor Plan, which aims to address air pollution impacting downwind states. The EPA explains why each state's obligations under this plan are separate and can function independently even if other states are not participating. The agency clarifies its approach, emphasizing that the plan sets uniform pollution control standards across states to ensure each contributing state reduces emissions effectively, without depending on the involvement of other states. This ensures the plan remains effective and fair, providing consistent pollution reduction regardless of how many states are involved.