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The Bureau of Consumer Financial Protection has issued an Advisory Opinion to clarify rules under Regulation B of the Equal Credit Opportunity Act regarding special purpose credit programs. This opinion provides guidance to for-profit organizations on how to develop credit programs that serve specific social needs and explains what information must be included in programs' written plans. It aims to address regulatory uncertainties and encourage financial institutions to create programs that improve credit access for disadvantaged groups. The Advisory Opinion became effective on January 15, 2021.

The Securities and Exchange Commission (SEC) has requested approval from the Office of Management and Budget (OMB) to continue collecting information under Rule 17f-1(b) of the Securities Exchange Act of 1934. This rule involves the Lost and Stolen Securities Program, which requires approximately 9,500 entities to register and report securities issues like missing, lost, or stolen documents. The SEC estimates that four new entities will join the program each year, each taking about half an hour to comply, costing around $172 per entity annually. The public can comment on this information collection request from December 3, 2024, to January 2, 2025, through the provided online platform or email.

On February 27, 2025, Northwest Pipeline LLC filed an application with the Federal Energy Regulatory Commission to acquire, own, and operate a pipeline, as well as to make improvements by adding a compressor station. Portland General Electric Company and others also applied to abandon the pipeline upon its sale. The public is encouraged to participate by commenting, protesting, or filing to intervene in the review process, with the deadline for interventions set for April 3, 2025. The proposed project aims to enhance pipeline capacity and is projected to cost over $60 million.

MIAX PEARL, LLC has submitted a proposal to the Securities and Exchange Commission to change its fee schedule for trading equities. The proposal suggests increasing the rebate for displayed orders adding liquidity in Tape B securities to $0.0035 per share and decreasing the fee for removing liquidity to $0.0027 per share, effective January 1, 2021. These changes aim to encourage more trading on the platform by offering better incentives compared to competitors. The proposed fee adjustments are intended to attract more order flow, boost liquidity, and enhance the trading opportunities available for market participants.

The Internal Revenue Service (IRS) has proposed new regulations that explain how to determine if a foreign corporation qualifies as a Passive Foreign Investment Company (PFIC), focusing on insurance companies and banks. These regulations clarify the rules for when income from banking and insurance activities can be considered non-passive, making the company potentially exempt from certain U.S. taxes. They address details like how to value assets and manage accounting standards, aiming to provide clearer guidelines and reduce inconsistencies. This proposal is part of broader efforts to ensure foreign investment income is taxed fairly while maintaining clarity for U.S. investors.

The Environmental Protection Agency (EPA) is seeking public comments on renewing its information collection requirements for labeling certain minimum risk pesticides, as per FIFRA Section 25(b). The renewal is for an existing information collection request, identified by EPA ICR No. 2475.05 and OMB Control No. 2070-0187, which helps ensure that minimum risk pesticides are labeled appropriately to inform enforcement authorities. The agency encourages small businesses to provide feedback on how the process can be improved to reduce paperwork burdens. Comments must be submitted by February 11, 2025.

The Department of Education has proposed a new priority to create a National Technical Assistance Center. This Center aims to help states improve their ability to collect, report, analyze, and use fiscal data related to the Individuals with Disabilities Education Act (IDEA) Parts B and C. The goal is to train and support states in accurately managing and using IDEA fiscal data to ensure funds are used effectively to benefit children with disabilities. Public comments on this proposal are due by April 7, 2025, and further information can be submitted via the Federal eRulemaking Portal.

The Environmental Protection Agency (EPA) has submitted a request to extend their existing information collection mandate under the Toxic Substances Control Act (TSCA) Section 8(b) for TSCA Inventory Notifications. This extension is under review by the Office of Management and Budget (OMB), as the current approval is valid until January 31, 2025. The request seeks public comments by February 3, 2025. The extension aims to continue recording chemicals manufactured or processed in the U.S., and the EPA must label these substances as “active” or “inactive” in commerce. The process involves minimal changes, resulting in a reduced time burden for respondents.

The Environmental Protection Agency (EPA) is proposing a cost recovery settlement with U.S. Home, LLC, d/b/a Lennar, and B&J Excavating, Inc. regarding the A.I.W. Frank/Mid-County Mustang Superfund Site in Exton, Pennsylvania. The settlement requires the involved parties to pay the EPA $178,818.46 plus interest, covering the EPA's past response costs. The EPA is inviting the public to comment on this proposal until January 22, 2025. During this period, the agency may adjust or withdraw the settlement based on feedback received.

The National Oceanic and Atmospheric Administration (NOAA) is seeking public comments on a proposed information collection related to its Bay Watershed Education and Training (B-WET) program. This program, part of the Department of Commerce, aims to improve ocean and coastal environmental understanding through education grants. To achieve this, NOAA is extending its existing data collection efforts to monitor and improve B-WET activities by gathering feedback from grant recipients and teachers. Comments on the proposal are invited until February 18, 2025, to help evaluate and enhance the program’s effectiveness.