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

The Civil Rights Cold Case Records Review Board announced that it received 265 pages of records related to four civil rights cold case incidents. The Board decided to make 238 pages fully public and 27 pages partially available, while approving 129 proposed delays for the release of certain records by the FBI and the Department of Justice. They are still reviewing 4 other postponements suggested by the FBI. This action complies with the legal requirement to share their decisions about withholding or releasing records within 14 days.

The Civil Rights Cold Case Records Review Board received 58 pages of records from the National Archives and Records Administration related to a civil rights cold case identified as 2024-003-062. The Review Board decided on March 14, 2025, that these records should be made public and included in the Civil Rights Cold Case Records Collection. This decision complies with the legal requirement to announce the disclosure of such records in the Federal Register within 14 days. For additional details, Stephannie Oriabure is the contact person at the Review Board.

The Securities and Exchange Commission is reviewing a proposed amendment to allow the Cboe BZX Exchange, Inc. to list and trade a new type of security known as Multi-Class ETF Shares. This rule change involves setting standards for these securities that don't require prior approval from the Commission, as long as they meet certain requirements under the Investment Company Act. The goal is to facilitate more efficient trading and potential benefits for investors. The Commission is seeking public comments on this proposed rule change.

The Civil Rights Cold Case Records Review Board reviewed 602 pages of records from agencies like the National Archives, the Department of Justice, and the FBI, relating to old civil rights cases. Of these, they agreed to withhold 271 records, made changes to 27, and decided to release 520 pages fully and 82 pages partially to the public. This action complies with a law requiring the board to announce its decisions on which records to keep or release within 14 days of making them. This update was published in the Federal Register to inform the public about which records will be disclosed or withheld.

The Consumer Financial Protection Bureau (CFPB) has issued a policy statement on No-Action Letters (NALs) aimed at promoting innovation and competition in consumer financial services while ensuring ethical standards and transparency. This policy outlines conditions under which companies can receive a No-Action Letter, which indicates that the CFPB will not take enforcement action against them for certain practices. It also includes safeguards to prevent abuses, such as not granting letters to companies with recent legal issues and not allowing firms to misrepresent their regulatory status. The policy is designed to foster improvements in consumer financial markets without favoring particular companies or compromising market competition.

The Federal Communications Commission (FCC) is updating a system of records related to its Lifeline Program, which helps low-income individuals get discounts on phone and internet services. The changes include simplifying and clarifying information to make it easier to read, implementing better measures to monitor program representatives, and reducing fraud. The updates also involve sharing certain details with other federal agencies and contractors involved in administering similar programs and carrying out consumer surveys. These modifications aim to improve program efficiency while protecting the privacy and personal information of those involved.

Cboe BZX Exchange, Inc. proposed a rule change to the Securities and Exchange Commission (SEC) to exempt certain investment companies from the requirement to hold annual meetings for shareholders. This proposal, initially filed on June 25, 2024, included modifications made on July 2, 2024. The SEC extended its decision period multiple times before Cboe BZX withdrew the proposal on January 31, 2025.

The Federal Aviation Administration (FAA) is proposing a new rule that would affect General Electric Model CT7-2E1 engines. This is due to a study that found the part known as the stage 2 turbine aft cooling plate may not last as long as previously thought. The proposed rule requires reducing the life limit for this part from 6,100 to 3,100 cycles to prevent possible engine failure, which could lead to airplane damage. The FAA is accepting comments on the proposal until January 21, 2025.

The Department of Justice lodged a proposed Consent Decree with a Texas court related to environmental damage claims against E. I. du Pont de Nemours and Company and The Chemours Company FC, LLC. This decree aims to address damages caused by hazardous substance releases near Beaumont, Texas, requiring the defendants to establish a restoration project, including conservation efforts and monitoring on a 500-acre land. Additionally, the defendants will pay over $198,000 to cover the costs related to the environmental assessment and future project oversight. The public is invited to comment on the decree within 30 days following the notice's publication.

The Securities and Exchange Commission (SEC) has approved a rule change by the New York Stock Exchange (NYSE) that restricts certain companies from using reverse stock splits to continue being listed on the exchange. This new rule targets companies that repeatedly use reverse stock splits, especially if they have done so in the past year or have a significant reverse split history in the last two years. The SEC believes this rule will help protect investors by ensuring that companies listed on the exchange are financially stable and suitable for continuing public trading. Companies can still appeal if they are delisted due to these new rules.