Search Results for keywords:"exemptions"

The U.S. Nuclear Regulatory Commission (NRC) has granted Maine Yankee Atomic Power Company three exemptions from regulations for their Independent Spent Fuel Storage Installation (ISFSI). These exemptions will let Maine Yankee continue using certain practices previously allowed under past amendments when adopting the latest amendment, No. 9, to their Certificate of Compliance for storing nuclear waste. The NRC has determined that these exemptions do not pose any increased safety risks or environmental impacts, ensuring no significant harm to public health or the environment. These changes will not lead to more accidents, more radiation exposure, or affect cultural or historic sites.

The U.S. Copyright Office is planning to hold public hearings as part of the eighth triennial rulemaking proceeding under the Digital Millennium Copyright Act (DMCA). These hearings will discuss potential exemptions to the DMCA's rules against bypassing technological controls that safeguard access to copyrighted works. Scheduled to take place remotely via Zoom in April 2021, the hearings will give individuals a chance to speak about different proposed classes of exemptions. Interested parties must submit a request to testify by February 24, 2021, providing specific details about their intended testimony.

The Federal Motor Carrier Safety Administration (FMCSA) has renewed exemptions for 19 drivers who have experienced seizures and are on anti-seizure medication, allowing them to continue operating commercial motor vehicles despite the usual medical restrictions. These exemptions are granted because the drivers have shown they can safely operate vehicles, and each exemption is valid for two years. The drivers must follow specific conditions, like remaining seizure-free and undergoing regular medical examinations. If any safety issues arise, FMCSA may revoke these exemptions. FMCSA is also seeking comments from the public regarding these exemptions.

The Securities and Exchange Commission (SEC) has issued a notice regarding an application from HarbourVest Private Investments Fund and HarbourVest Registered Advisers L.P. for certain exemptions under the Investment Company Act of 1940. This application seeks permission for certain registered closed-end investment companies to issue multiple classes of shares and to charge early withdrawal fees and asset-based distribution or service fees. The application was filed on November 8, 2024, and interested parties can request a hearing by contacting the SEC by January 3, 2025. Further information and the application details can be accessed on the SEC's website or by contacting the SEC's Public Reference Room.

The Agricultural Marketing Service of the Department of Agriculture has finalized a rule making clarifying changes to the Paper and Paper-Based Packaging Promotion, Research, and Information Order. These changes update definitions and processes such as nominations, voting methods for Board meetings, financial reporting, and when exemptions can be requested, to better align with current industry practices. The updates also address how partnerships are recognized and clarify the obligations for paying assessments. Despite some mixed feedback during the public comment period, the rule aims to reduce confusion and improve fairness in the paper and paper-based packaging industry.

The Securities and Exchange Commission (SEC) is holding a closed meeting on Thursday, March 13, 2025, at 2:00 p.m. at their headquarters in Washington, DC, and possibly also online. Only Commissioners, select staff, and other authorized individuals will attend. The meeting will cover topics like initiating and settling legal actions, handling administrative proceedings, and other matters related to enforcement proceedings. If there are any changes to the meeting's schedule or location, the SEC will update their website.

The Office of the Comptroller of the Currency (OCC) is proposing a new rule that would allow exemptions from certain requirements tied to Suspicious Activity Reports (SARs), which banks and savings associations must file. This rule aims to give national banks and federal savings associations some flexibility if they come up with new, more efficient ways to comply with anti-money laundering laws, while still being reviewed for safety and soundness. The proposal includes guidelines on how banks can apply for these exemptions and factors that will be considered in granting them, like consistency with the Bank Secrecy Act and any supervisory concerns. The OCC is inviting public comments on this proposed rule until February 22, 2021.

The Environmental Protection Agency (EPA) is proposing updates to the fees charged under the Toxic Substances Control Act (TSCA) for fiscal years 2022 to 2024. This proposal aims to adjust existing fees and introduce new fee categories to ensure the fees offset a portion of the costs of the EPA's responsibilities under TSCA. New exemptions are also proposed for certain manufacturers to reduce the burden on smaller entities and those engaged in specific activities, like research and development. EPA seeks to redistribute the fees more equitably among manufacturers based on production volume, aiming to refine the fee process from previous implementations and ensure industries that contribute to chemical manufacturing support EPA's oversight and evaluation efforts.

The Federal Motor Carrier Safety Administration (FMCSA) of the Department of Transportation is renewing exemptions for 10 individuals who are deaf or hard of hearing, allowing them to continue driving commercial motor vehicles in interstate commerce. These exemptions are based on FMCSA's assessment that the drivers meet safety standards equivalent to those required by the hearing rules in the Federal Motor Carrier Safety Regulations. The exemptions, effective starting December 16, 2020, will last for two years unless revoked for specific reasons, such as non-compliance or decreased safety levels.

The Securities and Exchange Commission (SEC) has published a notice regarding an application for an order under the Investment Company Act of 1940. The order would grant exemptions from certain sections of the Act and a rule under it, allowing ActiveShares ETFs to issue and redeem shares in large batches, and facilitate market transactions at negotiated prices. The application involves the ActiveShares ETF Trust, Legg Mason Partners Fund Advisor, LLC, and Legg Mason Investor Services, LLC, seeking relief consistent with a prior order. The SEC will issue the order unless someone requests a hearing by February 8, 2021, by contacting the SEC via email.