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The Food and Drug Administration (FDA) is proposing a new rule to set a maximum nicotine level in cigarettes and other combusted tobacco products. This measure aims to decrease the addictiveness of these products, making it easier for people who want to quit to do so, and to prevent youth from becoming addicted. The rule is expected to benefit public health by reducing the number of individuals who start smoking or continue smoking over time. The proposal could potentially improve health outcomes by reducing the overall harmful effects of tobacco addiction.

The Federal Railroad Administration (FRA) has approved a test program by Georgia Central Railway and Heart of Georgia Railroad. These companies will test innovative self-propelled, zero-emission, battery-electric rail vehicles, focusing on their operational efficiency and safety. The test is divided into seven phases, and the FRA has granted temporary exemptions from some safety regulations to allow for these trials. This exemption is intended to foster the development of new and environmentally friendly rail technology that could increase competition in the short-haul transport of freight containers.

The Food and Drug Administration (FDA) has released a draft guidance document called "Human Gene Therapy for Neurodegenerative Diseases; Draft Guidance for Industry." This document offers advice for developing gene therapy treatments aimed at both adult and pediatric patients with neurodegenerative diseases, which impact the central or peripheral nervous system. It provides recommendations on product development, preclinical testing, and designing clinical trials. The FDA invites public comments on this draft by April 6, 2021, before finalizing the guidelines.

In December 2020, the Southwest Research Institute's Cooperative Research Group on ROS-Industrial Consortium-Americas (RIC-Americas) notified the Attorney General and the Federal Trade Commission about changes to its membership under the National Cooperative Research and Production Act of 1993. The changes include adding Surface Intelligent Science and Technology (Shanghai) Co., Ltd. and the Georgia Institute of Technology to the consortium. The updates are meant to maintain the Act's protection, which limits antitrust plaintiffs' recovery to actual damages in certain situations. Membership remains open, and the group plans to file further notifications regarding membership changes.

The Cooperative Research Group on ROS-Industrial Consortium-Americas (RIC-Americas) has made changes to its membership, with Arc Specialties from Houston, TX joining the group. This was officially notified to both the Attorney General and the Federal Trade Commission on January 27, 2021, as per the requirements of the National Cooperative Research and Production Act of 1993. The group's membership remains open, and RIC-Americas plans to notify authorities about any future membership changes. This disclosure helps limit potential antitrust lawsuits to actual damages under certain conditions.

The Commercial Customs Operations Advisory Committee (COAC) will hold its quarterly meeting on March 17, 2021. The meeting will only be accessible to the public via webinar, and attendees must register online by March 16, 2021. During this meeting, topics to be discussed include updates on unified entry processes, broker exam improvements, bond guidelines, and secure trade lane developments, among others. Public comments are invited before the meeting and additional opportunities for public comment will be available throughout the virtual meeting.

The Consumer Product Safety Commission (CPSC) is asking for public comments on extending the approval for information collection requirements related to the flammability standards of carpets and rugs. This relates to rules under the Flammable Fabrics Act, and the current approval will expire in March 2025. The CPSC estimates that around 120 manufacturers and importers are affected, and the process involves significant testing and recordkeeping. They are seeking input on the necessity and burden of these requirements, especially regarding potential cost reductions through technology.

The Animal and Plant Health Inspection Service (APHIS) is seeking public comments on a proposed new information collection related to testing and reporting SARS-CoV-2 in animals. This initiative aims to gather data from laboratories and state animal health officials to monitor the emergence and spread of the virus in animals. The feedback from the public will help APHIS assess the necessity, utility, and efficiency of this information collection process and its impact, ensuring compliance with the Paperwork Reduction Act of 1995. Comments are due by March 5, 2021, and all submitted comments will become a public record.

The National Highway Traffic Safety Administration (NHTSA) wants to collect public opinions about their plan to redesign the 5-Star Safety Ratings on car window stickers. They will conduct market research that includes interviews and surveys to get feedback on how to make these labels clearer and more helpful for consumers when buying cars. This effort is part of the requirements of the 2015 Fixing America's Surface Transportation Act. People can submit comments on this proposed information collection by May 6, 2025, through various methods like the Federal eRulemaking Portal or mailing the Department of Transportation.

The Securities and Exchange Commission (SEC) is implementing a new rule, titled Rule 2a-5, under the Investment Company Act of 1940. This rule sets requirements for how investment companies should determine the fair value of their investments. Key elements include the management of valuation risks, specification of suitable fair value methodologies, and supervision of pricing services used to assess investment value. Additionally, the rule allows investment companies to designate a valuation expert to handle these assessments, provided they remain under the company's board's oversight. Furthermore, a new accompanying Rule 31a-4 mandates recordkeeping requirements to support these fair value determinations.