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

The Department of Justice has lodged a proposed First Amendment to a Consent Decree with the District Court for Eastern Pennsylvania concerning a lawsuit against Lehigh Cement Company LLC and Lehigh White Cement Company, LLC. This amendment involves extending the deadlines for choosing between building new kilns or retrofitting existing ones at the Mitchell facility. It designates new kiln construction as the default if the decision is not made in time. Public comments on the amendment are open for 30 days, and the document can be accessed online or through a mail request.

The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have extended the deadline for compliance with the new amendments to Form PF from March 12, 2025, to June 12, 2025. Form PF is a confidential reporting form that certain investment advisers to private funds, who are registered with the SEC and possibly with the CFTC, must fill out. The extension aims to address challenges like the need to file data under two different versions of the form, which raised issues for advisers. The new deadline also provides more time for affected parties to adapt to the changes and to ensure accurate data collection and reporting.

The U.S. Department of Justice has proposed a Consent Decree with The Manitowoc Company, Inc. and its subsidiaries for allegedly violating the Clean Air Act by selling heavy construction equipment with non-compliant diesel engines. As part of the settlement, the companies will pay a $42.6 million fine and undertake a project to address the environmental damage caused by emissions. The public is invited to comment on the proposed decree within 30 days, and details can be accessed online.

The Department of Health and Human Services (HHS) is introducing a new system of records to be managed by the Office of Refugee Resettlement (ORR) within its Administration for Children and Families. This system, titled ORR Unaccompanied Children Bureau Child Abuse or Neglect Investigation Records and Central Registry, aims to document cases related to child abuse or neglect at ORR facilities and maintain a registry to vet individuals who may work with unaccompanied children. The information stored will be used for investigations and to ensure that those with a history of abuse or neglect are not allowed to work or volunteer in positions involving direct contact with children under ORR care. Importantly, the data recorded will not be shared for immigration enforcement purposes without prior written consent from the individual concerned.

Union Pacific Railroad Company (UP) has reported that it has gained temporary rights to use a section of track owned by BNSF Railway Company. This particular agreement allows UP to transport ballast trains, which are used for maintenance work, over a 51.7-mile stretch of rail in Oklahoma and Texas. The temporary rights will last until the end of 2021, and UP has stated that these actions are exempt from environmental and historical preservation reviews. If anyone believes this notice contains false information, they can petition to revoke the exemption, but such petitions will not delay the exemption's start date unless filed by a certain deadline.

The Securities and Exchange Commission (SEC) is proposing to change the rules around selling certain types of securities. They want to revise how the holding period is determined for securities obtained from market-adjustable ones, specifically for companies that are not listed on a national exchange. This means the holding period won't start until the securities are actually received upon conversion. The SEC also plans to require that Form 144 be filed electronically for companies subject to Exchange Act reporting, align the filing deadline for Form 144 with Form 4, and remove the need to file Form 144 for selling securities of companies not subject to Exchange Act reporting. These changes aim to make the process simpler and more transparent for investors and to prevent unregistered sales of securities.

The Animal and Plant Health Inspection Service (APHIS) is planning to release an insect called Lilioceris egena to help control the invasive air potato plant, Dioscorea bulbifera, across the continental United States. After studying the potential environmental impact, APHIS believes that releasing this insect won't cause significant harm to the environment. They have prepared an environmental assessment (EA) document detailing their findings and are inviting the public to review and comment on this EA by February 8, 2021. This effort aims to manage the spread of air potato, which threatens native vegetation in several states, including Florida, where it's already widespread.

The Securities and Exchange Commission (SEC) has announced a proposed rule change submitted by The Options Clearing Corporation (OCC) to manage risks from intraday and overnight trading activity. This amendment, known as Amendment No. 3, introduces a new Intraday Risk Charge aimed at mitigating risks associated with rapidly fluctuating intraday trading volumes, particularly "zero-days-to-expiration" options. The rule aims to ensure that OCC's current risk management practices cover such trading activities and includes monitoring thresholds for issuing margin calls. The changes are designed to align with recent SEC rules and industry feedback, with implementation planned for September 2025. The SEC is seeking public comments on these proposed changes.

The Securities and Exchange Commission (SEC) has approved a new rule proposed by the Financial Industry Regulatory Authority, Inc. (FINRA) known as the FINRA Rule 6500 Series. This rule mandates the reporting and public dissemination of securities lending transaction data through FINRA’s Securities Lending and Transparency Engine (SLATE). The goal of this rule is to improve transparency and efficiency in the securities lending market by collecting and providing access to detailed information about securities loans. The implementation of this rule is set for January 2, 2026, with public disclosure of the data to begin by April 2, 2026.

The Department of Justice announced a proposed legal agreement, or consent decree, in a lawsuit against The Dow Chemical Company, Union Carbide Corp, and Performance Materials, NA, Inc. The lawsuit, filed under the Clean Air Act, accuses these companies of violating environmental regulations at their plants in Louisiana and Texas. The proposed consent decree outlines a requirement for the companies to carry out corrective actions, pay a $3 million fine, and complete environmental projects in Louisiana. The public is invited to comment on this proposal until 30 days after the announcement.