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The Securities and Exchange Commission (SEC) has approved rule changes proposed by Nasdaq to enhance the enforcement of listing standards for companies trading on its exchange. The approved changes involve the suspension of trading for companies that have not met the minimum bid price requirement after a second compliance period, even if they appeal the decision. Additionally, Nasdaq will not allow a compliance period for companies that fail to meet the bid price requirement within one year of a reverse stock split. These changes are intended to protect investors by reducing the risk of manipulation and ensuring the integrity of the stock market, particularly by addressing issues with companies that repeatedly fail to meet listing standards.

The Environmental Protection Agency (EPA) has finalized a rule under the Toxic Substances Control Act to address health and environmental risks posed by decabromodiphenyl ether (decaBDE), a persistent, bioaccumulative, and toxic chemical. The rule prohibits the manufacture, processing, and distribution of decaBDE and products containing decaBDE, with some exceptions, aiming to significantly reduce exposure to the chemical. To comply, recordkeeping is required for those involved with decaBDE, except in cases involving recycling, where no new decaBDE is added. The restrictions will help to protect human health and the environment by decreasing the presence and exposure risks associated with decaBDE.

The document details final regulations that implement clean electricity production and investment credits established by the Inflation Reduction Act of 2022. These regulations provide guidelines for determining greenhouse gas emissions from electricity production, setting provisional emissions rates, and determining eligibility for the tax credits. The rules impact taxpayers who claim these credits for qualified facilities or energy storage technology activated after 2024. The IRS and Treasury Department consulted with experts across government agencies to address public comments and ensure comprehensive regulations.

The Treasury Department and the Internal Revenue Service (IRS) have issued final regulations to update the rules for corporations that file consolidated federal income tax returns. These new regulations aim to bring the language up to date, clarify the existing rules, and reflect recent legal changes. They also remove outdated regulations and adjust tax rules, such as how losses are carried back or forward, considering a corporation's at-risk amount. These changes will mainly affect larger corporations that often file these types of consolidated returns.

The Consumer Financial Protection Bureau (CFPB) is proposing a new rule to prevent the use of unfair terms in contracts for consumer financial products, such as credit cards and loans. This proposal aims to stop businesses from including terms that waive consumers' legal rights, allow companies to unilaterally change contracts, or prevent consumers from expressing their opinions about the services. Additionally, the rule will officially codify prohibitions from an existing Federal Trade Commission rule that limits certain unfair credit practices. The CFPB is inviting public comments on these proposed changes until April 1, 2025.

The United States International Trade Commission (ITC) has made amendments to its Rules of Practice and Procedure. The changes are designed to address technical corrections, clarify provisions, and ensure the rules are harmonized and consistent. These amendments are aimed at improving efficiency and reducing costs in the administration of agency proceedings and apply to future investigations and proceedings starting February 3, 2025. Some key updates include implementing gender-neutral language, eliminating paper copies in favor of e-filing, and refining confidentiality designations during the filing process.

The National Marine Fisheries Service (NMFS) has approved and implemented Framework Adjustment 39 to the Atlantic Sea Scallop Fishery Management Plan. This rule sets fishing specifications and management measures for 2025 and 2026, including allocations of fishing effort, opening and closure of certain areas to protect juvenile scallops, and clarifications to research set-aside program regulations. The aim is to prevent overfishing, improve scallop yields, and optimize management of the fishery. Framework 39 increases opportunities for harvesting while managing bycatch and preserving scallop stock sustainability.

The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively known as "the agencies") are reviewing regulations affecting insured depository institutions. This review, under the Economic Growth and Regulatory Paperwork Reduction Act of 1996, aims to identify rules that are outdated, unnecessary, or too burdensome. The agencies are seeking public comments on specific categories of regulations, including Rules of Procedure, Safety and Soundness, and Securities, in hopes of reducing the regulatory impact, especially on community banks. Public comments are invited until March 11, 2025, and the agencies will use these to help decide if any regulations should be adjusted or removed.

The Securities and Exchange Commission (SEC) announced that MIAX Sapphire, LLC (the "Exchange") filed a proposal to amend its rules to allow listing and trading of options on the iShares Ethereum Trust. This change allows investors to trade options on the Trust, which is intended to mimic the performance of Ethereum without having to directly invest in the cryptocurrency itself. The Exchange will apply existing rules regarding trading options on ETFs, including those concerning listing criteria, price limits, and surveillance measures. The SEC is soliciting public comments and has expedited the rule change's effectiveness for investor benefit.

The Drug Enforcement Administration (DEA) is proposing to place the substance 4-chloromethcathinone (4-CMC) in schedule I of the Controlled Substances Act. This move aims to impose strict regulations similar to other highly controlled drugs, as 4-CMC is known to have a high potential for abuse and no accepted medical use in the U.S. The decision also helps the United States comply with international agreements on psychotropic substances. Public comments on this proposal are accepted until January 29, 2025.