Search Results for agency_names:"Investment Company Act Release No. 35487

The United States Small Business Administration (SBA) has announced that the license for Aldine SBIC Fund, L.P. to operate as a small business investment company is now null and void. This action is taken under the authority of the Small Business Investment Act of 1958 and relevant SBA regulations. The official declaration was made by Thomas G. Morris, Acting Associate Administrator and Director of the Office of SBIC Liquidation.

The Federal Communications Commission (FCC) has announced a new computer matching program with the Universal Service Administrative Company (USAC) and the North Carolina Department of Health and Human Services. This program aims to verify if applicants applying for the Lifeline and Affordable Connectivity Program (ACP) benefits qualify based on their participation in the Supplemental Nutrition Assistance Program (SNAP). It helps ensure that only eligible individuals receive these discounted broadband and voice services, thereby reducing waste, fraud, and simplifying service provision. The program will begin on March 27, 2025, and is authorized under specific U.S. legal codes related to communication services.

The Federal Communications Commission (FCC) is introducing a new computer matching program with the Colorado Governor's Office of Information Technology to verify eligibility for programs like Lifeline and the Affordable Connectivity Program (ACP). These programs offer discounts on broadband and voice services to low-income individuals. The program will check if applicants are enrolled in benefits like SNAP and Medicaid, using data shared between various agencies. This verification aims to ensure only eligible individuals receive these discounts while reducing fraud.

The Department of Veterans Affairs (VA) is updating its Veterans Affairs/Department of Defense Identity Repository (VADIR) system of records, which contains information about military personnel, including their history, payroll, and dependents' details provided by the Department of Defense. The system helps share this data across various VA applications to support health and benefits eligibility determinations. The notice outlines updates in categories of records, including identifiers like Social Security numbers, and participation in military services and benefits. The public can comment on these changes until January 9, 2025.

The Securities and Exchange Commission has published a notice about a proposed rule change by The Depository Trust Company (DTC). This proposal seeks to amend the Clearing Agency Investment Policy to ensure compliance with new requirements for handling and investing customer funds. Key changes include separating and independently managing the margin for proprietary transactions from those involving indirect participants, as well as restrictions on how these funds can be invested, primarily in U.S. Treasuries with short maturities. The proposal aims to align with regulations that safeguard the funds that DTC manages.

The Securities and Exchange Commission (SEC) is considering whether to approve or deny a proposed rule change by NYSE Arca, allowing the listing and trading of shares for the COtwo Advisors Physical European Carbon Allowance Trust. This newly proposed exchange-traded product is designed to reflect the performance of EU carbon emission allowances, offering investors a way to engage in the carbon market without directly holding carbon credits. Key considerations involve the detection and prevention of potential market manipulation and ensuring adequate investor protections by determining whether ICE Endex acts as a significant market for these trades. The SEC is seeking public comments to evaluate the impact and effectiveness of the proposed rules in preventing fraud, manipulating acts, and protecting investors.

The New York Stock Exchange (NYSE) has proposed a rule change regarding the compliance plans of listed companies that are below required standards. This change states that the NYSE will not review the compliance plans of companies if they have unpaid fees, and will start suspension or delisting if these fees are not paid on time. The rule was initially published for public comment, but no comments have been received. The Securities and Exchange Commission (SEC) has extended its review period to January 14, 2025, to allow more time to make a decision on the proposal.

Florida Gas Transmission Company, LLC filed an application to construct and operate additional natural gas pipeline facilities in Louisiana as part of their South Central Louisiana Project. This project aims to increase natural gas transportation capacity by up to 75,000 MMBtu/d through enhancements at existing compressor stations and the installation of new facilities. The Federal Energy Regulatory Commission plans to prepare an Environmental Assessment to evaluate the project's impact, with an expected release date of July 25, 2025, followed by a 30-day comment period. The deadline for relevant federal agencies to make a final decision on necessary authorizations is October 23, 2025.

The National Highway Traffic Safety Administration (NHTSA) has denied Ford Motor Company's petition to deem a defect in Takata-supplied airbag inflators as insignificant regarding vehicle safety. Takata identified a safety defect in its driver-side airbag inflators that Ford argued was inconsequential and requested exemption from recall obligations. However, NHTSA concluded that Ford did not sufficiently prove that the defect posed an insignificant risk, given the potential for the inflator to rupture and cause serious injury or death due to degradation over time. As a result, Ford is required to notify vehicle owners and provide a remedy for this defect.

The Federal Aviation Administration (FAA) is considering a request from the City of Idaho Falls, Idaho, to waive certain property requirements. This request involves selling about 0.617 acres of airport land at Idaho Falls Regional Airport. The land is not needed for airport activities, and the sale proceeds will be used for airport maintenance and improvements. Public comments on this proposal are invited within 30 days of the notice's publication.