Search Results for keywords:"Regulatory Compliance"

Cboe Exchange, Inc. initially proposed a rule to the Securities and Exchange Commission (SEC) on June 30, 2020, aiming to allow trading of flexible exchange options on full-value indexes with a contract multiplier of one. The SEC reviewed the proposal and its amendments over several months, receiving and considering comments. The proposal underwent modifications with two amendments filed in January and February 2021 to provide further explanations and support for the proposal. However, on February 12, 2021, the Exchange decided to withdraw the proposed rule change.

The Securities and Exchange Commission (SEC) has requested approval from the Office of Management and Budget to continue collecting information under Rule 17Ad-11. This rule requires transfer agents to report specific discrepancies in securities records and other matters to the SEC and relevant regulatory bodies. The Commission estimates the industry-wide annual time burden is minimal, amounting to about 0.5 hours or a cost of $39 per report. Public comments on the necessity and burden of this information collection are invited until March 31, 2025.

The United States International Trade Commission has started a review to decide if lifting duties on polyester textured yarn from China and India would harm U.S. industry. These duties, placed in January 2020, aim to prevent cheap imports from hurting local businesses. The Commission invites interested parties to provide specific information and comments by early 2025. If information is not provided in the requested form, the commission may use unfavorable assumptions regarding the non-complying party.

The Board of Governors of the Federal Reserve System is seeking public comments on their plan to extend, without changes, a recordkeeping requirement related to complex structured finance activities. This requirement is meant to ensure that certain financial institutions have policies and procedures for identifying, assessing, and documenting risks associated with these transactions. The Board invites feedback on various aspects, including the necessity, accuracy, and potential burden of these information collections. Comments must be submitted by April 7, 2025.

The Department of Justice has proposed a Consent Decree with PennEnergy Resources, LLC, related to a lawsuit over Clean Air Act violations at its facilities in Pennsylvania. The alleged violations involve improper design and maintenance of vapor control systems, leading to air pollution. Under the decree, PennEnergy must enhance its facilities' systems, undertake an environmental project, and pay a $2 million penalty. The public can comment on this decree within 30 days, and the details are available on the Justice Department's website.

DOD, GSA, and NASA have issued a Small Entity Compliance Guide summarizing changes to the Federal Acquisition Regulation (FAR) as per Federal Acquisition Circular (FAC) 2021-03. These changes include rules about violations of arms control treaties, criteria for using the lowest price technically acceptable (LPTA) source selection process, and the type of assets individual sureties must pledge. Additionally, it includes various technical amendments across multiple regulations. The guide helps small businesses understand how these changes might impact them.

The U.S. Nuclear Regulatory Commission (NRC) has released a draft report, NUREG-1482, Revision 4, for public comment. This document provides guidance on testing programs for pumps, valves, and dynamic restraints, known as snubbers, in nuclear power plants. It emphasizes the NRC's role in developing standards alongside the American Society of Mechanical Engineers (ASME). Comments can be submitted electronically by April 14, 2025, and the report reflects updates to reflect lessons learned and operational experiences.

The Yuba County Water Agency has submitted an application for a water quality certification to the Federal Energy Regulatory Commission and the California State Water Resources Control Board. The submission was acknowledged on December 30, 2024. According to the Federal Energy Regulatory Commission's regulations, the Water Board has until December 30, 2025, to act on the certification request. If the Water Board does not take action by then, the authority to certify is considered waived under the Clean Water Act.

The Farm Credit Administration has introduced a final rule adjusting civil money penalties (CMPs) for inflation, in line with the Federal Civil Penalties Inflation Adjustment Act of 1990, as updated. This adjustment ensures that penalties retain their deterrent effect and compliance is maintained with the Farm Credit Act and Flood Disaster Protection Act. The new maximum daily penalties for specific violations have been increased, such as $2,904 for violating a final order and $1,313 for breaching the Farm Credit Act, effective January 15, 2025. These changes, driven by mandatory annual updates, aim to keep CMPs in line with inflation without needing a public comment process.

The Food and Drug Administration (FDA) has released a draft guidance document titled "Recommendations for Determining Eligibility of Donors of Human Cells, Tissues, and Cellular and Tissue-Based Products (HCT/Ps)." This document provides general advice on evaluating donor eligibility, including screening and testing procedures. It also updates existing guidelines and plans to introduce additional guidance to help minimize communicable disease risks from donors. Public feedback on these recommendations can be submitted electronically or in writing until February 6, 2025.