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

The Civil Rights Cold Case Records Review Board received 201 pages of records from the National Archives related to four cold case incidents. The Archives wanted to delay the release of records for one case, but on January 24, 2025, the Review Board decided to reject the delay and disclose all 201 pages to the public. This action complies with the Civil Rights Cold Case Records Collection Act of 2018, which requires transparency in such cases. The decision and notice were published in the Federal Register as required by law.

The Civil Rights Cold Case Records Review Board received 679 pages of records related to a civil rights cold case. Of these, the Department of Justice and the FBI requested postponements for 562 pages. On January 10, 2025, the Review Board allowed 267 postponements, requested changes for 25, and decided to disclose 640 pages fully and 39 pages partially. They also approved four pending postponements from another incident. This decision follows the Civil Rights Cold Case Records Collection Act of 2018, which mandates the publication of such determinations in the Federal Register within 14 days.

The Securities and Exchange Commission (SEC) is requesting approval from the Office of Management and Budget (OMB) to extend the information collection related to an exemption for certain transactions in money market funds. This exemption, issued in 2015, allows broker-dealers to send transaction information to investors on a monthly basis instead of immediately, in specific cases. As of the end of 2023, around 206 broker-dealers would need to provide these notifications, and the SEC estimates this will only require about 1.8 hours of work per broker-dealer each year. The public is invited to comment on this request by March 31, 2025.

The Civil Rights Cold Case Records Review Board received 212 pages of records from the National Archives and Records Administration, the Department of Justice, and the FBI related to a civil rights cold case. The board, after reviewing the records, approved 186 out of 471 postponements of disclosure that were initially proposed. They decided that 168 pages could be fully disclosed and 44 pages partially disclosed. This decision complies with the Civil Rights Cold Case Records Collection Act of 2018, which requires the board to publish its determinations on records within 14 days in the Federal Register.

This final rule, implemented by the National Highway Traffic Safety Administration (NHTSA), fulfills requirements of the Motor Vehicle Safety Whistleblower Act. It offers rewards to whistleblowers who provide original information regarding motor vehicle defects, noncompliance, or violations that might lead to severe injury or death, if this information aids in successfully resolving enforcement actions. The rule details procedures for submitting information, eligibility for awards, maintaining confidentiality, and factors in award determination. It aims to motivate employees of car manufacturers, part suppliers, and dealerships to report serious safety issues by clarifying protections and ensuring confidentiality.

The Securities and Exchange Commission (SEC) approved a rule change for the Long-Term Stock Exchange (LTSE) allowing them to offer promotional services and listing ceremonies for companies listed on the exchange. This new rule, known as Rule 14.602, will include services like press releases, articles, and listing ceremonies, which aim to help companies better market themselves when they join the exchange. These offerings are designed to make LTSE more competitive with other major exchanges like NYSE and Nasdaq by attracting more companies to list. The SEC found that the rule change was fair and equitable and does not create unnecessary burdens on competition.

The U.S. Nuclear Regulatory Commission (NRC) is considering an amendment to the operating license of the Callaway Plant, Unit No. 1, operated by Union Electric Company, also known as Ameren Missouri. The proposed amendment would allow the plant to operate with 52 control rods during its 28th cycle, instead of the currently required 53, due to a slowed drop time observed in one control rod. The NRC plans to issue the amendment if it determines that it does not involve significant hazards. The public can comment on this proposal or request a hearing by specific deadlines.

The Securities and Exchange Commission (SEC) has announced a notice concerning applications for deregistration under Section 8(f) of the Investment Company Act of 1940 for November 2024. Several companies have applied for deregistration, seeking orders to no longer be considered investment companies after transferring or liquidating assets. Notable names include Aquila Municipal Trust, BCM Focus Funds, Cohen & Steers Alternative Income Fund, Inc., Cook & Bynum Funds Trust, and GL Beyond Income Fund. These applicants have completed financial transactions and distributions, and expenses were generally covered by the investment advisers of the acquiring or liquidating entities.

The Securities and Exchange Commission (SEC) is announcing a notice regarding applications for deregistration under Section 8(f) of the Investment Company Act of 1940, specifically for February 2025. A unit investment trust, named FSL Separate Account M, has applied for an order declaring that it is no longer an investment company, as it currently has 96 beneficial owners and does not offer or plan to offer securities. The filing for this application was made on July 1, 2024, and the applicant operates as a private investment fund under section 3(c)(1) of the Act. Public comments or hearing requests can be submitted until March 25, 2025.

The New York Stock Exchange (NYSE) proposed a rule change to the Securities and Exchange Commission (SEC) to exempt closed-end funds from holding annual shareholder meetings. This rule alteration was initially filed on June 21, 2024, and published for public comment on July 9, 2024. However, on January 31, 2025, the NYSE decided to withdraw this proposed rule change. The SEC had been considering whether to approve or disapprove the proposal before its withdrawal.