Search Results for keywords:"2025"

MEMX LLC has filed a new rule proposal with the Securities and Exchange Commission to set fees for industry members that will fund the National Market System Plan for the Consolidated Audit Trail (CAT) in 2025. The proposed fee, called CAT Fee 2025-1, is set at $0.000022 per executed share and will be collected from executing brokers starting February 2025, based on January 2025 transactions. This new fee intends to cover about half of the costs for 2025 and will replace the previous year’s CAT Fee 2024-1, which was slightly higher. The public is invited to comment on this proposed rule change by January 27, 2025.

The Department of the Treasury has announced the insurance marketplace aggregate retention amount (IMARA) for 2025, which is a part of the Terrorism Risk Insurance Program. The IMARA for 2025 is set at $53,366,227,478 and is based on the average insurer deductibles from 2022 to 2024. This figure helps determine if the Treasury needs to recoup any payments made under the program. The IMARA calculation relies on direct earned premiums reported by insurers to the Treasury for the previous three years.

The Indian Health Service (IHS), under the Health and Human Services Department, has announced the approved rates for medical care at IHS facilities for 2025. These rates cover both inpatient and outpatient services and are applicable to Medicare and Medicaid beneficiaries, as well as other federal program recipients. Notably, there are different rates for services in the Lower 48 States and Alaska. The new rates will take effect from January 1, 2025, aligning with consistent annual updates.

The Coast Guard is creating a temporary safety zone in the San Francisco Bay near Pier 15 for fireworks displays scheduled on several dates in 2025. This zone, effective from March 28 to May 3, will be in place during specified times to keep people and boats safe from potential hazards caused by the fireworks. Only those with special permission from the Coast Guard's Captain of the Port are allowed to enter the zone during the fireworks display times. The rule is not expected to significantly affect small businesses or the environment, as it lasts for a limited duration and at specific times.

The Cboe EDGX Exchange, Inc. has proposed a new rule change to adjust its fee schedule for the Consolidated Audit Trail (CAT) funding, setting a fee rate of $0.000022 per executed equivalent share. This proposal, filed on December 20, 2024, has been designated for immediate effectiveness and is subject to comment from the public. Interested parties can view the complete proposal on the Exchange or Commission’s websites and are invited to submit their comments electronically or by mail before January 27, 2025. The goal of the proposed change is to cover reasonably budgeted costs associated with the CAT as per the governing National Market System Plan.

The Social Security Administration (SSA) has announced that the assessment percentage rate for fees paid directly to representatives under the Social Security Act will remain at 6.3 percent for the year 2025. This rate is the lower of two possible amounts: the specified dollar limit or the percentage necessary to recover the costs incurred by the SSA to determine and pay these fees. The maximum dollar limit for assessments is currently $120, having been adjusted for inflation, and will be revisited annually based on cost-of-living changes.

NYSE American LLC has filed a proposed rule change with the Securities and Exchange Commission to set up fees for industry members linked to the Consolidated Audit Trail (CAT) costs for 2025. The fee, known as CAT Fee 2025-1, will be $0.000022 per executed equivalent share and will replace the existing higher fee. These fees aim to cover about half of the planned CAT costs for the year. The proposal is available on the SEC website, and comments from the public are invited.

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.

The Federal Reserve Board is updating its rules to adjust the fines known as civil money penalties for inflation, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. This adjustment ensures that penalties retain their deterrent effect by accounting for changes in the economy. The new penalty amounts will apply starting January 13, 2025, for violations occurring after November 2, 2015. The rule is implemented without the usual notice and comment process because of specific provisions in the law.

The Federal Maritime Commission has issued a final rule to adjust civil monetary penalties for inflation. This adjustment is required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The new penalty amounts are calculated using a formula based on changes in the consumer price index. This rule takes effect on January 15, 2025, and does not require a public comment period due to exemptions from certain rulemaking procedures.