Search Results for type:"Notice"

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Search Results: type:"Notice"

  • Type:Notice
    Citation:90 FR 10920
    Reading Time:about a minute or two

    The Environmental Protection Agency (EPA) has announced a proposed agreement involving 231 parties related to the Pure Earth Recycling Superfund Site in New Jersey. Under this agreement, these parties will pay the government over $1.4 million for previous cleanup costs at the site. The EPA is inviting the public to submit comments on this proposal by March 31, 2025. The agency will review all feedback and may adjust or retract the settlement if necessary.

    Simple Explanation

    The EPA wants 231 groups to pay over $1.4 million for cleaning up a polluted site in New Jersey. They're asking people to say if they think this payment plan is fair by the end of March 2025.

  • Type:Notice
    Citation:86 FR 159
    Reading Time:about 15 minutes

    The document discusses a rule change proposed by NYSE Arca, Inc., which aims to adjust the timing of when the Wilshire Gold Index is calculated and published. Specifically, the rule change proposes shifting the time from approximately 5:00 p.m. to approximately 7:00 p.m. Eastern Time. This change is due to certain licensing restrictions and will not impact investors during the trading day because the Trust's net asset value is determined at 4:00 p.m. The Securities and Exchange Commission has allowed the rule change to take effect immediately upon filing, as it does not pose significant regulatory issues or impact investor protection.

    Simple Explanation

    The document talks about a change in schedule for when a special gold index number is shared—from 5:00 p.m. to 7:00 p.m. This change won't bother people who trade gold stuff because the important value is still checked at 4:00 p.m.

  • Type:Notice
    Citation:86 FR 11323
    Reading Time:about 5 minutes

    The Transportation Security Administration (TSA) is revising its information collection activities related to the Transportation Worker Identification Credential (TWIC®) Program. This notice outlines efforts to streamline the process, including the introduction of online renewals and fee reductions for certain applicants, which aim to reduce both cost and time burdens on applicants. TSA collects biographic and biometric information to conduct security threat assessments (STAs) for TWIC applicants and holders. Comments on the proposed changes can be submitted by March 26, 2021, as part of their review under the Paperwork Reduction Act.

    Simple Explanation

    The people who make rules about security at airports and ports want to make it easier and cheaper for workers to get special ID cards by letting them renew online and pay less money. They also want to make sure the process is fair and safe for everyone.

  • Type:Notice
    Citation:90 FR 9446
    Reading Time:about 21 minutes

    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.

    Simple Explanation

    In a plan to change the rules, Nasdaq wants to allow a special kind of swap called "in-kind" for how a trust that handles Bitcoin lets people buy and sell shares. This would make things run smoother and possibly save money.

  • Type:Notice
    Citation:90 FR 7205
    Reading Time:about 2 hours

    The Investors Exchange LLC (IEX) has proposed a new rule to create an options trading facility called "IEX Options." This facility will be a fully automated system designed to trade options contracts, similar to other options exchanges. The plan includes implementing guidelines to protect Market Makers from risks, like the execution of outdated quotes, and to ensure fair trading practices. IEX will also adopt certain rules from other exchanges to maintain fairness and efficiency in the options market. The Securities and Exchange Commission is inviting public feedback on this proposal.

    Simple Explanation

    Imagine IEX is like a new playground for trading money things called "options." They want to make sure everyone plays fair, so they are making new rules like other playgrounds have. But, some people worry it might be tricky to understand how everything works because there are so many rules borrowed from other places.

  • Type:Notice
    Citation:90 FR 15978
    Reading Time:about 5 minutes

    The Consumer Product Safety Commission (CPSC) is conducting a new study on bathtub slip resistance to help develop safety standards for bathtubs and showers. This study aims to evaluate how slippery different bathtub surfaces are and will be conducted by Arizona State University in Phoenix. Participants will be monitored for how safely they can step in and out of wet and dry bathtub surfaces. The information gathered will be used to work on replacing an outdated safety standard for bathing surfaces, and participants will be compensated $100 for their time.

    Simple Explanation

    The Consumer Product Safety Commission wants to see how slippery different bathtub surfaces are, so they're doing a study with help from a university. They're doing this to make bathtubs safer, and people who help with the study will get $100 for their time.

  • Type:Notice
    Citation:90 FR 9452
    Reading Time:about 95 minutes

    NYSE Arca, Inc. has proposed a rule change to allow for the listing and trading of shares of the Grayscale Litecoin Trust under its new rule, 8.201-E, which covers Commodity-Based Trust Shares. This proposal aims to turn the Grayscale Litecoin Trust into an exchange-traded product, making it easier for investors to gain exposure to Litecoin (LTC) on a regulated exchange. The Trust currently holds about $215.4 million worth of LTC and is the largest LTC investment fund, which allows investors to engage without directly purchasing the cryptocurrency. The Securities and Exchange Commission is soliciting public feedback on the proposed rule change.

    Simple Explanation

    NYSE Arca wants to list and trade shares of a big Litecoin fund, making it easier for people to buy and sell Litecoin on a regular exchange without having to buy the actual digital coins. The rules and details about how it works are a bit complicated, so they are asking people to share their thoughts on the idea.

  • Type:Notice
    Citation:86 FR 1952
    Reading Time:about 6 minutes

    The Consumer Financial Protection Bureau is seeking applications for membership on its advisory committees, which include the Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. These committees consist of experts from various fields like consumer protection, financial services, and economics to advise the bureau on consumer financial markets. The membership, which usually lasts two years, requires diverse representation of communities and interests, including those underserved. Applications are accepted online by February 24, 2021, and should include a cover letter, résumé, recommendation letter, and completed questionnaire. The Bureau aims to announce the selected new members in late summer 2021.

    Simple Explanation

    The Consumer Financial Protection Bureau is looking for people to join special groups that help them make rules about money. They want a variety of people, like those who help others with money problems or are experts in money, to apply.

  • Type:Notice
    Citation:90 FR 4740
    Reading Time:about 4 minutes

    The Environmental Protection Agency (EPA) has submitted a request to the Office of Management and Budget (OMB) for approval to extend the Unregulated Contaminant Monitoring Rule (UCMR 5). This rule requires public water systems to monitor 30 unregulated chemical contaminants, helping the EPA decide if these should be regulated under the Safe Drinking Water Act. The extension is necessary as the current approval is valid until January 31, 2025. The EPA is seeking public comments on this request until February 18, 2025.

    Simple Explanation

    The EPA is checking some water to see if it's safe to drink, and they want extra time to finish. They're asking people to tell them what they think about this by February 18, 2025.

  • Type:Notice
    Citation:86 FR 9410
    Reading Time:about 17 minutes

    The Options Clearing Corporation (OCC) submitted a rule change to the Securities and Exchange Commission (SEC) to update its documentation on how it calculates margin requirements for its members. This new document, called the STANS Methodology Description, aims to improve transparency about OCC's risk-based margin system by replacing a previous document while excluding certain outdated or redundant details. The SEC approved the proposal, believing it aligns with existing laws and regulations, and helps OCC manage risk in the event that a member defaults, thereby protecting the funds and securities in its care.

    Simple Explanation

    The Occasions Clearing Corporation wants to better explain how they make sure everything's fair and safe when people trade options, by updating an old document; the grown-ups in charge said that sounds like a good idea.