Search Results for keywords:"fraud prevention"

The Defense Finance and Accounting Service of the Department of Defense has announced a proposed collection of public information in line with the Paperwork Reduction Act of 1995. They are seeking public comments on whether this information collection is necessary and if it can be improved. This collection involves gathering signatures and details needed to process death gratuity payments to designated beneficiaries or next-of-kin of deceased service members. Public comments must be submitted by April 1, 2021, through the official eRulemaking Portal.

The Financial Industry Regulatory Authority (FINRA) has proposed changes to its arbitration process to enhance the fairness and efficiency of selecting arbitrators. The new rules would give non-chair-qualified public arbitrators more opportunities to be selected and improve the list selection process's transparency. The proposal also introduces clear timelines for removing arbitrators and aligns rules with existing practices, ensuring better protection of investors and public interest by making the arbitration process more predictable and equitable. The Securities and Exchange Commission is inviting the public to comment on these proposed changes.

The Securities and Exchange Commission (SEC) is considering a proposal by NYSE Arca to list and trade shares of the Bitwise 10 Crypto Index Fund. This fund aims to invest in a portfolio of digital assets like Bitcoin and Ethereum, tracking the Bitwise 10 Large Cap Crypto Index. The SEC is seeking public comments on whether the proposal is consistent with rules designed to prevent fraud and protect investors. Interested parties can submit their views electronically or by mail by March 28, 2025.

The Securities and Exchange Commission (SEC) is considering a proposed rule change submitted by The Nasdaq Stock Market LLC. This proposal aims to introduce a new rule, Nasdaq Rule 5712, which would allow the listing and trading of investment products based on commodities and digital assets. Specifically, the rule would facilitate the listing and trading of shares in the Hashdex Nasdaq Crypto Index US ETF. The SEC is inviting comments from the public on this proposed change to ensure it aligns with regulatory standards and protects investors.

The Federal Communications Commission (FCC) is creating a new system of records called the Emergency Broadband Benefit Program, in compliance with the Privacy Act of 1974. The program offers discounts on broadband internet services and devices to eligible households, aiming to help those affected by COVID-19 or in financial need. The Universal Service Administrative Company (USAC) will manage the program, which will store various personal details about the participants, such as names, addresses, and eligibility status. The program will share this information with authorized entities for management, verification, and fraud prevention purposes.