Search Results for agency_names:"Investment Company Act Release No. 35487

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Search Results: agency_names:"Investment Company Act Release No. 35487

  • Type:Notice
    Citation:90 FR 10635
    Reading Time:about 4 minutes

    The Federal Communications Commission (FCC) has announced a new computer matching program in collaboration with the Universal Service Administrative Company (USAC) and the Missouri Department of Social Services. This program aims to verify the eligibility of participants in the Lifeline and Affordable Connectivity Program (ACP) by checking if they receive benefits from programs like SNAP or Medicaid. These benefits help individuals and families access discounts for broadband and voice services. The matching process involves sharing certain personal details, such as parts of a Social Security Number, to confirm eligibility.

    Simple Explanation

    The government wants to make sure people getting internet discounts really need them, so they will check with a company and a Missouri office to see if these people get help from other programs like food stamps. This means they’ll look at some private information to double-check things, but it’s not clear how they’ll keep everyone’s info super safe or fix mistakes.

  • Type:Notice
    Citation:90 FR 10637
    Reading Time:about 4 minutes

    The Federal Communications Commission (FCC) and the Universal Service Administrative Company (USAC) are launching a new computer matching program with the Mississippi Department of Human Services. This program aims to verify whether people applying for or currently receiving benefits from the Lifeline and Affordable Connectivity Program (ACP) are eligible by checking if they receive SNAP benefits. The matching process will involve sharing information like part of the applicant's Social Security Number and date of birth to confirm eligibility. The program will start on March 27, 2025, and run for 18 months.

    Simple Explanation

    The FCC and USAC are teaming up with Mississippi to check if people getting help with phone and internet bills through special programs are actually supposed to get that help by seeing if they also get help with food. They will look at some personal information like a part of a person's Social Security Number to make sure everything is correct.

  • Type:Notice
    Citation:90 FR 11831
    Reading Time:about 4 minutes

    The Federal Communications Commission (FCC) and the Universal Service Administrative Company (USAC) are starting a new computer matching program with the Department of Veterans Affairs to verify eligibility for the Lifeline and Affordable Connectivity Program (ACP). These programs provide discounted broadband and voice services to low-income consumers. The program will check if applicants or subscribers are receiving Veterans Pension or Survivors Pension benefits, which qualify them for these discounts. This matching program, expected to reduce fraud and improve service, will begin on April 11, 2025, and last 18 months.

    Simple Explanation

    The FCC and some tech helpers are teaming up with the VA to make sure people who ask for special discounts on their phone and internet bills really need them, especially if they're getting certain help from the VA. This will start in April 2025 and last for a year and a half.

  • Type:Notice
    Citation:90 FR 10634
    Reading Time:about 4 minutes

    The Federal Communications Commission (FCC) announced a new computer matching program with the Universal Service Administrative Company and the Utah Department of Workforce Services. This program aims to verify if applicants and subscribers for the Lifeline and Affordable Connectivity Program (ACP) are eligible by checking if they receive certain benefits like SNAP and Medicaid. The verification process uses the National Verifier to ensure that those who qualify can receive discounts on broadband and voice services. The program begins on March 27, 2025, and will last for 18 months.

    Simple Explanation

    The FCC wants to make sure that people who get discounts on phone and internet bills really need them, so they will check with a group in Utah to see if those people already get other help like food stamps.

  • Type:Notice
    Citation:90 FR 10630
    Reading Time:about 4 minutes

    The Federal Communications Commission (FCC) has announced a new matching program with the Universal Service Administrative Company (USAC) and the Tennessee Department of Human Services. This program aims to verify the eligibility of people applying for or subscribed to the Lifeline program and the Affordable Connectivity Program (ACP) by checking if they receive SNAP benefits in Tennessee. The initiative is expected to help confirm qualifications for these benefits, reduce fraud, and improve service to low-income consumers who rely on discounted broadband and voice services. Written comments about this program are due by March 27, 2025, and the program will last for 18 months starting from that date.

    Simple Explanation

    The FCC is checking with people in Tennessee who get help paying for food to make sure they also qualify for help paying for phone or internet service. This is done to make sure that those getting the special offers really need them.

  • Type:Notice
    Citation:86 FR 7109
    Reading Time:about 3 minutes

    The Department of Justice has lodged a proposed Consent Decree with the court to settle claims against American Zinc Recycling Corp. for environmental law violations at their facility in Palmerton, Pennsylvania. These claims involve federal laws such as the Clean Air Act, Resource Conservation and Recovery Act, Clean Water Act, and Emergency Planning and Community Right-to-Know Act, along with several Pennsylvania state laws. Under the Consent Decree, the company must implement new pollution control measures and pay a $3.3 million penalty, split between the U.S. and Pennsylvania. There is a public comment period on the Consent Decree, during which the document can be reviewed online or requested by mail.

    Simple Explanation

    The Justice Department wants a company that broke the rules about keeping the air, water, and ground clean to fix things and pay money, and people have a chance to say what they think about it.

  • Type:Notice
    Citation:90 FR 7718
    Reading Time:about 6 minutes

    The Securities and Exchange Commission (SEC) is seeking public comments on changes to the way investment companies advertise their performance to potential investors. The proposed changes, known as Rule 482, aim to ensure that advertisements provide balanced and informative information about investment objectives, risks, charges, and past performance, which may not guarantee future results. Additionally, the rule would align risk statements in advertisements with those required in official prospectuses, particularly for money market funds. Comments on the proposed changes are invited until March 24, 2025.

    Simple Explanation

    The SEC is asking people what they think about new advertising rules for companies that help people invest money. These rules want to make sure the ads are clear and honest about money risks and results, so people can make better choices.

  • Type:Notice
    Citation:90 FR 10636
    Reading Time:about 4 minutes

    The Federal Communications Commission (FCC) has announced a new computer matching program with the Universal Service Administrative Company (USAC) and the North Carolina Department of Health and Human Services. This program aims to verify if applicants applying for the Lifeline and Affordable Connectivity Program (ACP) benefits qualify based on their participation in the Supplemental Nutrition Assistance Program (SNAP). It helps ensure that only eligible individuals receive these discounted broadband and voice services, thereby reducing waste, fraud, and simplifying service provision. The program will begin on March 27, 2025, and is authorized under specific U.S. legal codes related to communication services.

    Simple Explanation

    The FCC is starting a new program to help make sure that people who get help paying for their phone or internet really qualify for it, by checking their info with another group from North Carolina that's in charge of helping with food benefits like SNAP.

  • Type:Notice
    Citation:90 FR 2697
    Reading Time:about 4 minutes

    The Federal Communications Commission (FCC) is introducing a new computer matching program with the Colorado Governor's Office of Information Technology to verify eligibility for programs like Lifeline and the Affordable Connectivity Program (ACP). These programs offer discounts on broadband and voice services to low-income individuals. The program will check if applicants are enrolled in benefits like SNAP and Medicaid, using data shared between various agencies. This verification aims to ensure only eligible individuals receive these discounts while reducing fraud.

    Simple Explanation

    The FCC wants to make sure that only people who should get help paying for phone and internet are getting it. They will work with people in Colorado to check if those asking for help really need it, but the information shared will be kept safe.

  • Type:Notice
    Citation:89 FR 97678
    Reading Time:about 67 minutes

    The Securities and Exchange Commission (SEC) is considering whether to approve or deny a proposed rule change by NYSE Arca, allowing the listing and trading of shares for the COtwo Advisors Physical European Carbon Allowance Trust. This newly proposed exchange-traded product is designed to reflect the performance of EU carbon emission allowances, offering investors a way to engage in the carbon market without directly holding carbon credits. Key considerations involve the detection and prevention of potential market manipulation and ensuring adequate investor protections by determining whether ICE Endex acts as a significant market for these trades. The SEC is seeking public comments to evaluate the impact and effectiveness of the proposed rules in preventing fraud, manipulating acts, and protecting investors.

    Simple Explanation

    The government is thinking about new rules to allow a company to sell special shares that let people invest in a type of air pollution credits from Europe. They want to hear from people before making a decision to make sure it's safe and that nobody cheats.