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The Securities and Exchange Commission (SEC) has allowed the New York Stock Exchange (NYSE) to change a previous exemption that lets them trade debt securities on NYSE Bonds, even if these aren't registered under the Exchange Act. Previously, the issuer needed to have shares listed on the NYSE, but now these shares can be listed on any national securities exchange. This change aims to reduce regulatory differences and boost competition between exchange-traded and over-the-counter markets for these securities. The decision includes measures to safeguard investors, like ensuring continuous monitoring of the issuers' equity securities that allow their debt securities to trade on the NYSE.

The Securities and Exchange Commission (SEC) is reviewing a proposed rule change by the Fixed Income Clearing Corporation (FICC) regarding the calculation of the "Minimum Margin Amount" for its Mortgage-Backed Securities Division (MBSD). This new calculation aims to ensure adequate collection of margin from members, especially during times of market volatility, by adjusting based on historical price movements. The SEC is seeking comments from the public to help decide whether to approve or disapprove the proposed rule change. The proceedings are being held to consider the legal and policy implications of the change and its alignment with existing financial regulations.

The U.S. Department of Energy (DOE) is proposing to withdraw a previous decision to classify certain miscellaneous gas products, like decorative hearths and outdoor heaters, as covered consumer products under energy conservation regulations. This decision is part of the DOE's efforts to comply with the Executive Order "Unleashing American Energy," which aims to ensure that energy regulations are practical and do not overly limit consumer choice. The DOE's proposal suggests that these gas products do not have enough in common functionally to be treated as the same type of product for regulatory purposes. Public comments on this proposal are being accepted until April 14, 2025, through various submission methods, including the Federal eRulemaking Portal.

The Department of Homeland Security (DHS) and U.S. Citizenship and Immigration Services (USCIS) announced an extension of the comment period for an information collection request related to reduced fees, allowing public comments until February 16, 2021. This extension follows legal challenges that halted a final rule which would have changed the fee schedule and eliminated the reduced fee form, Form I-942. The notice invites public feedback concerning the necessity, accuracy, and impact of collecting this information. The form is used to assess eligibility for reduced fees for immigration benefits, impacting individuals or households, and estimates suggest 4,491 respondents with a total burden cost of $19,087.

The Centers for Disease Control and Prevention (CDC), part of the Department of Health and Human Services, has awarded approximately $5 million to the Ponce Health Sciences Foundation in Puerto Rico. This funding, expected to total $25 million over five years, will support research and surveillance on diseases spread by mosquitoes, like dengue virus. The Ponce Health Sciences Foundation is uniquely positioned to carry out this work due to its existing infrastructure and community trust. The project's goals include improving disease tracking, studying special populations like children and pregnant women, and enhancing collaboration with local stakeholders.

The Internal Revenue Service (IRS) and the Treasury Department have released final rules on determining taxable income and foreign currency gains or losses for businesses operating with a currency other than the U.S. dollar. These regulations clarify how businesses can elect to manage currency gains or losses annually and introduce a transition rule to make compliance easier. The rules apply broadly, including to specified entities like insurance companies, but do not currently extend to partnerships without additional guidance. These updates are aimed at providing clear and consistent guidelines for businesses dealing with multiple currencies.

The Department of Energy (DOE) is proposing to withdraw its previous decision to classify portable electric spas (PESs) as covered consumer products under the Energy Policy and Conservation Act (EPCA). This means PESs would not be subject to federal energy conservation standards. DOE determined that classifying PESs is not necessary or appropriate to conserve energy effectively. The agency invites public comments on this decision by May 19, 2025, via their submission portal or other specified methods.

Cboe BZX Exchange, Inc. has proposed a new rule to adopt fees for its new logical ports, which are linked to a new connectivity option on its equity options platform. These new logical ports, known as Unitized Logical Ports, provide a more consistent experience in trading by reducing the variability in how orders are processed. The proposal also includes new fees for members who exceed certain daily average limits for orders or quotes, aiming to encourage efficient use of the exchange's resources and prevent excessive activity that could disrupt systems. The changes are optional, with the goal of providing members with more trading flexibility.

The Securities and Exchange Commission published a notice about a rule change proposed by the Investors Exchange LLC (IEX). IEX wants to establish rules for trading options on a new platform called IEX Options. This platform aims to enhance risk management for market makers by introducing features like automated trading, risk controls, and a mechanism to prevent trading at outdated prices. The SEC is inviting public comments on this proposal before making a final decision.

The Securities and Exchange Commission (SEC) has approved a rule change by the Financial Industry Regulatory Authority (FINRA) to create a New Issue Reference Data Service for corporate bonds. This service will require underwriters to report specific data on new corporate bond issues to FINRA, which will then make this information publicly available. The goal is to reduce information asymmetry and improve market efficiency by ensuring all market participants have timely access to essential bond reference data. The SEC found that this change is consistent with the requirements of the Securities Exchange Act of 1934 and will enhance transparency and competition in the corporate bond market without imposing unnecessary burdens on competition.