Search Results for keywords:"regulatory action"

The U.S. Department of Homeland Security (DHS) has announced the cancellation of a previous decision by former Secretary Alejandro Mayorkas regarding Temporary Protected Status (TPS) for Venezuela. Mayorkas' decision, made on January 10, 2025, had extended TPS for Venezuela and simplified the application process for current TPS holders from both the 2021 and 2023 designations, allowing them to keep their status until October 2, 2026. The new DHS decision, effective immediately, nullifies the previous extensions and restores the original expiration dates for the 2021 and 2023 designations. DHS will cease processing any re-registration applications filed under Mayorkas' notice and refund related fees.

The Nuclear Regulatory Commission has announced that there will be no public meetings scheduled from the weeks of January 4 to February 8, 2021. These meetings were to take place in the Commissioners' Conference Room in Rockville, Maryland. The schedule for these meetings is subject to change with short notice, and the public can verify the status or request information by contacting Denise McGovern or visiting the NRC's website. The announcement also mentions that reasonable accommodations can be provided for individuals with disabilities to participate in these meetings.

The Environmental Protection Agency (EPA) has decided to withdraw three proposed rules regarding the regulation of certain chemical substances: trichloroethylene (TCE), n-Methylpyrrolidone (NMP), and methylene chloride (MC). These rules originally aimed to address unreasonable risks associated with specific uses of these chemicals. The EPA concluded that it was more efficient to combine risk management actions following their final risk evaluations under the Toxic Substances Control Act, thus eliminating these previous proposals. The agency plans to develop new rulemaking efforts focusing on the identified risks to ensure comprehensive regulation in the future.

The United States Small Business Administration (SBA) has voided the license of the New York Credit SBIC Fund L.P. This action was taken under the authority of section 309 of the Small Business Investment Act of 1958 and the regulations in 13 CFR 107.1900. The license, numbered 03/03-0265, allowed the Fund to function as a small business investment company. This decision means the New York Credit SBIC Fund L.P. can no longer operate under that license.

The U.S. Securities and Exchange Commission (SEC) has extended the time period to decide on a proposed rule change by Cboe BZX Exchange, Inc. This rule change aims to allow the listing and trading of shares of the VanEck Solana Trust under BZX Rule 14.11(e)(4), related to Commodity-Based Trust Shares. Originally, the SEC had until April 4, 2025, to make a decision, but it has now extended the deadline to May 19, 2025, to ensure thorough consideration of the proposal.

The Environmental Protection Agency (EPA) has released the final risk evaluation for Chrysotile Asbestos under the Toxic Substances Control Act (TSCA). The evaluation identifies certain uses of this type of asbestos as posing an unreasonable risk to health, prompting the EPA to implement risk management measures. Other uses were found not to pose such risks. Additionally, the EPA is working on Part 2 of the risk evaluation, which will address legacy uses and disposals of all types of asbestos, with a draft scope expected for public comment in mid-2021.

On January 30, 2025, NYSE Arca, Inc. proposed a rule change with the Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale XRP Trust. They later modified this proposal with an amendment on February 10, 2025. The SEC needed more time to consider this proposed change and decided to extend the deadline for their decision to either approve or reject it until May 21, 2025. This extension allows the SEC to thoroughly evaluate the proposal and any related concerns.

The Federal Aviation Administration (FAA) has implemented changes to the Standard Instrument Approach Procedures (SIAPs), as well as Takeoff Minimums and Obstacle Departure Procedures for certain airports. These updates are due to new criteria and changes in the National Airspace System, such as new navigational facilities and air traffic requirements, aimed at enhancing the safety and efficiency of air travel. The rule modifies 14 CFR part 97, incorporates relevant changes specified in permanent notices, and is designed to promote safe flight operations under instrument flight rules. The regulation has a minimal economic impact and is not considered a significant regulatory action.

The Federal Aviation Administration (FAA) has issued a final rule that revokes the Class E airspace at Follett, Texas, as the airport's instrument procedures have been canceled, making the airspace unnecessary. This rule takes effect on April 17, 2025, following approval by the Director of the Federal Register. The regulation is not considered a significant regulatory action, as it primarily pertains to air traffic procedures without significant economic impacts. Additionally, the FAA found that this action qualifies for an environmental exclusion, as it does not lead to any notable environmental effects.

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.