Search Results for keywords:"regulatory language"

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Search Results: keywords:"regulatory language"

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  • 2024-31191 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Fees for New Logical Ports in Connection With a New Connectivity Offering on Its Equity Options Platform
    💰
    Type:Notice
    Citation:89 FR 106675
    Reading Time:about 31 minutes

    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.

    Simple Explanation

    Cboe BZX Exchange wants to add some new types of connections, like special cables, for people who trade on its platform, and they plan to charge extra if someone uses too many. It's like a rule that helps make sure everyone gets a fair chance to play, but it might be a bit tricky for smaller players.

  • 2021-02520 — Proposed Information Collection Request; Comment Request; 43 Source Categories
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    Type:Notice
    Citation:86 FR 8634
    Reading Time:about 29 minutes

    The U.S. Environmental Protection Agency (EPA) has announced plans to submit Information Collection Requests (ICRs) for review and approval in line with the Paperwork Reduction Act (PRA). They are requesting public feedback on aspects of these proposed information collections. These ICRs, which are extensions of currently approved ones, involve various industrial sectors, such as sulfuric acid manufacturing and polymeric coating of substrates, and cover topics like emissions standards and recordkeeping requirements. Public comments are invited by April 9, 2021.

    Simple Explanation

    The EPA wants to hear what people think before they send some important paperwork requests to the review office. They're checking if the rules to keep air clean are still good and want to make sure they aren't making too much work for people.

  • 2021-03663 — Airworthiness Directives; Leonardo S.p.a. Helicopters
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    Type:Rule
    Citation:86 FR 11408
    Reading Time:about 16 minutes

    The Federal Aviation Administration (FAA) has issued a new rule replacing a previous Airworthiness Directive (AD) concerning specific models of Leonardo S.p.A. helicopters. This new AD requires ongoing inspections and maintenance of the tail rotor duplex bearing to ensure the safety and stability of the aircraft. The rule, effective April 1, 2021, anticipates monitoring for any unsafe conditions in these helicopters due to incorrect installations that could lead to loss of control. It sets forth clear procedures operators must follow to comply with these requirements, including removing specific parts if defects are found.

    Simple Explanation

    The FAA is making sure that helicopters from a company called Leonardo stay safe by having people check and fix some important parts regularly. This is to prevent any problems that might make the helicopters not work well or safely.

  • 2021-01591 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the NYSE Arca Equities Fees and Charges
    💰
    Type:Notice
    Citation:86 FR 7135
    Reading Time:about 10 minutes

    The Securities and Exchange Commission has published a notice regarding a proposed rule change submitted by NYSE Arca, Inc. This change involves updating the fee schedule by eliminating charges and credits related to Self Trade Prevention Modifiers and Market Data Revenue Sharing Credits, as both have become obsolete. The proposal is intended to streamline the fee schedule for clarity and does not introduce any new fees. The SEC invites public comments on this proposal, encouraging interested individuals to submit their opinions by February 16, 2021.

    Simple Explanation

    NYSE Arca, a company that helps people buy and sell stocks, wants to make its rule book simpler by taking out some old fees and credits that aren't needed anymore. The people in charge want to know what others think, so they've asked for comments.

  • 2024-29472 — Self-Regulatory Organizations; MIAX Sapphire, LLC; Order Declaring Effective a Minor Rule Violation Plan
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    Type:Notice
    Citation:89 FR 101678
    Reading Time:about 6 minutes

    MIAX Sapphire, LLC, an exchange, filed a Minor Rule Violation Plan (MRVP) with the Securities and Exchange Commission. This plan allows the exchange to handle minor rule violations internally, imposing fines up to $2,500 without needing formal disciplinary proceedings, provided they report these violations to the Commission quarterly. The Commission approved this plan, stating it supports efficient enforcement while maintaining compliance with important regulations. The MRVP includes certain rule violations that don't warrant formal proceedings, giving MIAX Sapphire flexibility in its enforcement actions.

    Simple Explanation

    Imagine a club where, if someone does something small and wrong, they don't get into huge trouble. Instead, the club can give them a small timeout or fine so everyone can play fair. MIAX, a group that helps people trade stocks, has a rule like this. The people in charge said, "Yep, that's okay," because it helps keep things running smoothly and fair.