Search Results for keywords:"withdrawal"

Found 4 results

Search Results: keywords:"withdrawal"

View All
Oldest Newest
  • 2025-06492 — HOME Investment Partnerships Program: Program Updates and Streamlining-Delay of Effective Date, Withdrawal, and Correction
    💰
    Type:Rule
    Citation:90 FR 16085
    Reading Time:about 9 minutes

    On January 6, 2025, the U.S. Department of Housing and Urban Development (HUD) had planned to implement updates to the HOME Investment Partnerships Program on February 5, 2025. However, following a presidential directive for regulatory review, HUD initially delayed this to April 20, 2025. HUD now announces further delays for certain parts of the program: one key provision is delayed until October 30, 2025, while another is withdrawn, with other sections remaining scheduled for the original April date. These changes are meant to allow more time for public input and to ensure compliance with existing laws.

    Simple Explanation

    HUD wanted to change some rules about helping people find homes, but they decided to wait a bit longer before making some of these changes, giving people more time to talk about it and join in. Some changes will happen soon, but others might take a while or not happen at all.

  • 2025-02942 — Self-Regulatory Organizations; the Options Clearing Corporation; Notice of Withdrawal of a Proposed Rule Change To Update the Options Clearing Corporation's Schedule of Fees
    💰
    Type:Notice
    Citation:90 FR 10518
    Reading Time:about a minute or two

    The Options Clearing Corporation (OCC) submitted a proposed rule change to the Securities and Exchange Commission (SEC) to adjust fees related to contracts. They wanted to increase the per contract clearing fee from $0.02 to $0.025 and remove a $55 flat fee for large transactions. This proposal was originally filed on December 19, 2024, and opened for public comment, but on February 14, 2025, the OCC decided to withdraw the proposal. The withdrawal was officially communicated by Sherry R. Haywood, the Assistant Secretary of the SEC.

    Simple Explanation

    The Options Clearing Corporation (OCC) wanted to charge a bit more money for each thing they help people trade, and stop charging a special fee for big swaps, but then they changed their mind and decided not to do it.

  • 2025-00998 — Accident/Incident Investigation Policy for Gathering Information and Consulting With Stakeholders
    💰
    Type:Rule
    Citation:90 FR 5740
    Reading Time:about 11 minutes

    The Federal Railroad Administration (FRA), part of the Department of Transportation, has withdrawn a proposed rule regarding the investigation of railroad accidents and incidents. The rule, initially published in October 2024, aimed to establish a standard process for information gathering and consultation with stakeholders during investigations. The decision to retract follows two negative comments criticizing insufficiencies and potential issues, including vague definitions and conflicts with existing practices. The withdrawal allows FRA to revisit the proposal and work with stakeholders to address concerns.

    Simple Explanation

    The government wanted to make new rules for looking into train accidents by talking to all the people involved, but they decided to take it back because some people said there were problems with the plan. Now, they'll try to make it better and talk more with everyone before trying again.

  • 2025-04088 — Unsafe and Unsound Banking Practices: Brokered Deposits Restrictions; Guidelines Establishing Standards for Corporate Governance and Risk Management for Covered Institutions With Total Consolidated Assets of $10 Billion or More; Regulations Implementing the Change in Bank Control Act; Withdrawal
    💰
    Type:Proposed Rule
    Citation:90 FR 12115
    Reading Time:about 3 minutes

    The Federal Deposit Insurance Corporation (FDIC) is withdrawing its proposed rules related to brokered deposit restrictions, corporate governance, and the Change in Bank Control Act. These proposals, published in 2023 and 2024, aimed to revise existing regulations but faced issues like being overly complex, conflicting with state laws, and potentially discouraging investments in banks. If the FDIC decides to take regulatory action on these matters in the future, it will announce new proposals.

    Simple Explanation

    The FDIC has decided not to continue with some new banking rules that might have been too confusing or made it hard for people to invest in banks; if they want to try again later, they'll come up with new ideas.