Search Results for keywords:"regulatory review"

The National Highway Traffic Safety Administration (NHTSA) has delayed the effective date of a rule concerning the Hybrid III 5th Percentile Female Test Dummy until March 20, 2025. This rule, initially set to take effect on January 3, 2025, updates the chest jacket and spine box specifications to address fit, availability, and noise issues. The delay, in accordance with a presidential memorandum for reviewing new regulations, allows for additional evaluation and is effective immediately upon publication, bypassing the usual notice and comment process.

The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively known as "the agencies") are reviewing regulations affecting insured depository institutions. This review, under the Economic Growth and Regulatory Paperwork Reduction Act of 1996, aims to identify rules that are outdated, unnecessary, or too burdensome. The agencies are seeking public comments on specific categories of regulations, including Rules of Procedure, Safety and Soundness, and Securities, in hopes of reducing the regulatory impact, especially on community banks. Public comments are invited until March 11, 2025, and the agencies will use these to help decide if any regulations should be adjusted or removed.

The Postal Regulatory Commission has issued a notice about a recent filing by the Postal Service involving a negotiated service agreement. The Commission is inviting the public to submit comments on this filing by February 3, 2025. The details of the filing, including docket numbers and titles, are available for public review, and a Public Representative has been appointed to assess the interests of the general public. People can submit their comments electronically via the Commission's website, or call David A. Trissell, General Counsel, for advice if they cannot submit comments online.

NYSE Arca, Inc. filed a proposed rule change with the Securities and Exchange Commission on November 12, 2020. The change concerns the availability of information for the iShares Gold Trust, the iShares Silver Trust, and the iShares S&P GSCI Commodity-Indexed Trust. The SEC extended its review period for the proposed rule change to give itself more time to decide whether to approve, disapprove, or further scrutinize the proposal. The new decision deadline is February 21, 2021.

The Western Pacific Fishery Management Council is organizing several public meetings to address fishery management issues in the Western Pacific Region. These meetings, taking place in late February and early March 2025, involve different advisory panels and committees focusing on the Mariana Archipelago with specific meetings for the Commonwealth of the Northern Mariana Islands (CNMI) and Guam. Attendees can participate either in person or remotely via Webex. The meetings will include discussions on strategic planning, regulatory reviews, community consultations, and the impact of climate change on fisheries. Public comment periods will be incorporated into the agenda.

The Federal Communications Commission (FCC) is reviewing and updating its rules for submarine cables to better protect national security, ensure regulatory clarity, and streamline the licensing process. The FCC proposes new requirements including more frequent reporting, updated cybersecurity measures, and stricter ownership transparency rules for cable operators. The aim is to address evolving threats and manage risks associated with submarine cables, which are critical to global communications. Public comments on these proposals are invited, reflecting a commitment to consider stakeholder input in shaping the final rules.

The memorandum from the President directs the Office of Management and Budget (OMB) to develop recommendations for improving and modernizing the regulatory review process. It emphasizes creating regulations that promote public health, safety, economic growth, social welfare, racial justice, and environmental stewardship. The memo also highlights the need to consider the effects of regulations on disadvantaged communities and to ensure that regulatory initiatives are beneficial. Moreover, it underscores the importance of making the review process more efficient, transparent, and inclusive.

On January 7, 2021, the U.S. Fish and Wildlife Service published a final rule concerning the Migratory Bird Treaty Act (MBTA) which aimed to exclude incidental take of migratory birds from prohibited activities. However, the rule's effective date, initially set for February 8, 2021, has been delayed to March 8, 2021. This decision follows the Congressional Review Act, ongoing litigation, and concerns from the Canadian government. The delay allows for further review and public comment on whether the rule should be amended, further delayed, or rescinded entirely.

The Department of the Interior and the Department of the Army have decided to delay the effective date of a rule related to reservoir project lands. This decision is in line with a directive from President Trump's administration to pause new regulations for review. Initially set to take effect on April 16, 2025, the rule's implementation is postponed to May 16, 2025. The delay allows further evaluation and is made without public comments, as it aims to ensure regulations are carefully considered.

The Securities and Exchange Commission (SEC) has received a proposed rule change from the New York Stock Exchange (NYSE), which suggests modifications to its manual regarding compliance plans for listed companies. The proposed change states that the NYSE will no longer review compliance plans from companies that have unpaid fees and will start suspension and delisting proceedings if these fees remain unpaid. The SEC is extending the time to consider this rule change by 60 days to ensure there is enough time for thorough review. By June 13, 2025, the SEC will decide whether to approve or disapprove the proposal.