Search Results for keywords:"COVID-19 impact"

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Search Results: keywords:"COVID-19 impact"

  • Type:Notice
    Citation:86 FR 5140
    Reading Time:about 5 minutes

    The Department of Commerce is inviting comments on a survey designed to study how small- and medium-sized businesses (SMEs) are coping during the COVID-19 pandemic and planning for future disasters. This survey, known as the "Small and Medium-Sized Business Complex Event COVID-19 Survey (Wave 3)," is a part of ongoing research to understand business resilience. The feedback will be used to assess the impact of data collection and reduce any reporting burden on the public. Interested parties can comment until March 22, 2021, and participation in the survey is voluntary.

    Simple Explanation

    The Department of Commerce wants to know how small and medium businesses are handling the tough times during COVID-19, so they're asking people to take a survey to find out. They want to make sure the survey isn't too hard to take and want people to share their thoughts on it by March 22, 2021.

  • Type:Notice
    Citation:90 FR 17428
    Reading Time:about 5 minutes

    Lake Charles LNG Company, LLC, Lake Charles LNG Export Company, LLC, and Trunkline Gas Company, LLC, collectively known as the Applicants, have requested an extension from the Federal Energy Regulatory Commission to complete their Liquefaction Project and Pipeline Modifications Project. Originally, they were required to finish the projects by December 17, 2019, and December 17, 2020, respectively. However, due to various delays, including the impact of COVID-19 and changes in project sponsorship, the Applicants now seek to extend the deadline to December 31, 2031. The Commission has opened a 15-day period for public comments on this request.

    Simple Explanation

    The Lake Charles companies need more time to finish building their gas projects, so they asked for a new deadline from the energy people because things like COVID-19 slowed them down. Now, they want to complete everything by the end of 2031, and people can say what they think about this request for a little while.

  • Type:Notice
    Citation:86 FR 636
    Reading Time:about 17 minutes

    The Securities and Exchange Commission (SEC) has approved a proposed rule change by MIAX Emerald, LLC to extend the period that certain individuals designated as principals can perform their duties without passing a qualification exam, due to challenges caused by the COVID-19 pandemic. This temporary extension, now allowing until April 30, 2021, aligns their rules with those of the Financial Regulatory Authority (FINRA), ensuring consistency across the securities industry. The change aims to help firms manage disruptions to business operations and maintain staff during the pandemic, without compromising investor protection. The extension only applies to individuals who were designated as principals before January 1, 2021.

    Simple Explanation

    The SEC is letting certain people keep doing a special job without taking a test until the end of April 2021 because the pandemic makes it hard to take the test.

  • Type:Notice
    Citation:86 FR 657
    Reading Time:about 12 minutes

    The NYSE Arca proposed a change to their fee schedule, seeking to extend the waiver of certain fees for businesses unable to resume full operations due to COVID-19. These waivers apply to fixed fees related to Floor operations, benefiting firms that haven't reached pre-pandemic levels of activity. The goal of the waiver is to ease the financial burden on affected businesses as they adjust their operations. The Securities and Exchange Commission is inviting public comments on this proposed rule change, which went into effect on January 1, 2021, and may be suspended within 60 days if the Commission finds it necessary for investor protection or public interest.

    Simple Explanation

    NYSE Arca wants to help some businesses by not charging them certain fees because they are still recovering from COVID-19, but it's not clear how they pick these businesses to help and why. The government is asking people to say what they think about this change, and they might stop the changes if they don't think it's good for everyone.

  • Type:Notice
    Citation:86 FR 10071
    Reading Time:about 3 minutes

    The Department of Education is announcing a proposed change to an ongoing information collection related to the Early Childhood Longitudinal Study for the Kindergarten Class of 2022-23. Due to the COVID-19 pandemic, the study is delayed by one year and will now target the Kindergarten Class of 2023-24. This study focuses on early childhood education and development by collecting data on children from preschool through elementary school. The public is invited to comment on the changes by March 22, 2021.

    Simple Explanation

    The Department of Education needed to change the timing of a study about little kids starting school because of the coronavirus. Now, instead of starting with kids in 2022, they will start with kids in 2023, and they want to know what people think about this change.

  • Type:Notice
    Citation:86 FR 4046
    Reading Time:about a minute or two

    Battle Mountain SP, LLC has applied for permission to set its own rates with market-based rate authority and submitted a rate plan. This application also requests blanket permission for future securities issuances and liability assumptions. The Federal Energy Regulatory Commission (FERC) invites anyone wishing to protest or participate to file electronically by February 1, 2021, as per their guidelines. More information and the ability to access the document can be found on FERC's website.

    Simple Explanation

    Battle Mountain SP, LLC wants permission to decide how much they charge for their services and to make future money plans more easily. If people want to say anything about it or join in, they need to do so online by February 1, 2021.

  • Type:Proposed Rule
    Citation:86 FR 3876
    Reading Time:about 14 minutes

    The National Credit Union Administration (NCUA) is proposing a new rule to update the overdraft policy requirements for federal credit unions. This rule aims to remove the current 45-day limit for members to resolve overdrafts and instead require that the policy sets a reasonable and universally applicable time frame. This change is intended to provide more flexibility for credit unions and their members, especially considering the impacts of COVID-19. The proposal also introduces a cross-reference to Regulation E to ensure compliance with existing federal requirements for overdraft services.

    Simple Explanation

    The NCUA wants to change a rule for credit unions that helps people if they spend too much money and go negative in their account. Instead of giving everyone the same short time to fix it, they want credit unions to decide on a fair amount of time that works for everyone.