Search Results for keywords:"financial impact"

Cboe Exchange, Inc. proposes to increase fees for its Legacy Silexx platform versions due to ongoing maintenance as they transition users to newer platform versions. The fee changes involve higher monthly rates for different platform versions; for example, the fee for the Basic version will increase from $500 to $625 per login. These platforms are optional tools for executing trades, and users can switch to other products if they find them more cost-effective. The Securities and Exchange Commission is accepting public comments on this proposal.

The Securities and Exchange Commission (SEC) has published a notice that the Cboe BZX Exchange, Inc. has filed a proposed rule change regarding its fee schedule. The proposal aims to introduce fees for Cboe Timestamping Service reports and is designated for immediate effectiveness. The SEC is inviting public comments on whether this proposed rule change aligns with the Securities Exchange Act of 1934. Comments can be submitted electronically through the SEC's website or via email.

The Long-Term Stock Exchange, Inc. (LTSE) submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend its fee schedule. This change aims to modify the rebates for transactions involving securities priced at $1.00 or more per share that add liquidity to the exchange. The proposal was filed on February 28, 2025, and LTSE intends for the amendments to take effect immediately as of March 3, 2025. The SEC is seeking comments from the public regarding this change and has provided instructions for submitting feedback.

The U.S. Department of Commerce conducted an expedited sunset review on the countervailing duty order for aluminum wire and cable from China. They concluded that if this duty order were removed, it would likely result in the continuation or recurrence of unfair subsidies. This review did not receive adequate responses from the Chinese government or other interested parties, leading to the expedited process. The decision will maintain the duty order to prevent potential subsidies at the stated rates.

The Federal Retirement Thrift Investment Board (FRTIB) is proposing a change to the rules about how loans from the Thrift Savings Plan are managed. Currently, any interest that has already been collected on a loan must be paid off before payments can be made toward the principal and current interest. The new rule suggests that the interest be added to the principal when recalculating the loan, making the process more in line with the practices used for similar private-sector plans. This change will not significantly impact small entities or require additional reporting.

ICE Clear Credit LLC (ICC) has proposed a change to its fee schedule, introducing a Client Volume Incentive Program. This program provides discounts on fees for clients who have annual billed fees for credit default swaps (CDS) exceeding $1 million USD. The discount is tiered, with up to 90% off for fees exceeding $6.4 million USD. The plan encourages more clients to use ICC's clearing services without imposing competitive burdens.

The Corporation for National and Community Service (AmeriCorps) is proposing revisions to an information collection called the Schools of National Service Commitment Form. This initiative helps educational institutions provide incentives to AmeriCorps alumni. The proposed changes include adding options for career and technical education, online or in-person programs, and benefits for senior citizens. Feedback is requested, focusing on the necessity, accuracy, and ways to reduce the burden of the information collection.

The Securities and Exchange Commission is seeking public feedback on its information collection under Rule 17g-1, which deals with the fidelity bonding of officers and employees of registered management investment companies. This rule requires independent directors to approve the bond annually, specifies terms for coverage amounts based on a fund's assets, and mandates the submission of certain documents to the Commission. The Commission estimates that complying with these requirements takes about two hours per year for each of the approximately 2,200 funds. Comments on the necessity and efficiency of these information collections are requested within 60 days.

The Securities and Exchange Commission (SEC) is seeking public input on the renewal of a procedure related to Form 12b-25, which companies use to notify the SEC and the marketplace if they cannot file a required report on time. This procedure allows for an automatic filing extension. The SEC estimates that there are around 2,849 annual filings of this form, with each taking approximately 2.5 hours to complete, resulting in a total of 7,123 burden hours. The public has until March 11, 2025, to submit their comments about the necessity, accuracy, and efficiency of this information collection.

The Judicial Conference of the United States has announced that certain dollar amounts related to bankruptcy cases in the United States Code will be adjusted due to changes in the Consumer Price Index for All Urban Consumers. These changes will take effect on April 1, 2025, and will apply to many sections of titles 11 and 28 that deal with bankruptcy law. The adjustments are based on a three-year period ending before January 1, 2025, and will be rounded to the nearest $25. Additionally, several Official Bankruptcy Forms and Director's Forms will also be updated to reflect these new dollar amounts.