Search Results for keywords:"G7 Digital

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Search Results: keywords:"G7 Digital

  • Type:Notice
    Citation:90 FR 12369
    Reading Time:about 2 minutes

    The National Endowment for the Humanities (NEH) will host eleven virtual meetings of the Humanities Panel in April 2025. The purpose of these meetings is to discuss and evaluate applications for grants under the National Foundation on the Arts and the Humanities Act of 1965. These meetings will cover a range of topics, including technology and humanities research, and are not open to the public due to the confidential nature of the information being reviewed. The NEH has scheduled these meetings to start at 8:30 a.m. and end by 5:00 p.m. each day.

    Simple Explanation

    The National Endowment for the Humanities is having special online meetings to talk about who should get money to help with studying things like arts and history. These meetings are secret and not open to everyone because they are discussing important information.

  • Type:Notice
    Citation:86 FR 1530
    Reading Time:about 2 minutes

    The Copyright Royalty Judges announced that they received notices from SoundExchange, Inc. to audit the financial reports for the years 2017, 2018, and 2019 from several commercial webcasting companies like Cumulus Media and Pandora Media, LLC. This audit is to ensure that the royalties due under certain licenses, which let these companies legally stream digital audio, have been paid correctly. SoundExchange is authorized to do such audits once a year, and they must notify both the companies involved and publish in the Federal Register within 30 days of filing the notice. This notice fulfills that requirement for the audits initiated by SoundExchange.

    Simple Explanation

    In simple terms, some people from a group called SoundExchange want to check if companies like Cumulus Media and Pandora paid the right amount for music they played on the internet in the past. They need to do this check every year to make sure everything is fair.

  • Type:Rule
    Citation:90 FR 11659
    Reading Time:about 3 minutes

    The Federal Deposit Insurance Corporation (FDIC) is delaying the full compliance deadline for certain new requirements on how insured banks display membership signs and ads, especially on digital platforms like ATMs and websites. Originally, banks had until May 1, 2025, to comply with these updates, but now they have until March 1, 2026. This delay allows the FDIC time to review feedback on potential issues with implementing these requirements, aiming to prevent consumer confusion. The FDIC plans to propose updates to the rules based on this feedback.

    Simple Explanation

    The FDIC is giving banks more time to show special signs online and on ATMs that say their money is safe, moving the deadline from 2025 to 2026, because they want to make sure people aren't confused.

  • Type:Notice
    Citation:90 FR 9737
    Reading Time:about 2 minutes

    The Copyright Royalty Judges have received notifications from SoundExchange, Inc., indicating their intent to audit the royalty payments made by commercial webcasters Alpha Media LLC and Univision Communications Inc. for the years 2022, 2023, and 2024. The audits are to verify the correctness of the royalty payments according to statutory licenses covering certain digital audio transmissions. This notice in the Federal Register meets the Judges' requirement to publish this information. SoundExchange, as the designated organization, is responsible for collecting and distributing these royalties to relevant copyright owners and performers.

    Simple Explanation

    SoundExchange wants to check if some music companies, Alpha Media and Univision, paid the right amount of money to play songs on the internet in 2022, 2023, and 2024. It's like making sure everyone followed the rules when sharing a big box of candies with friends.

  • Type:Notice
    Citation:90 FR 3252
    Reading Time:about 2 minutes

    The Copyright Royalty Judges received notices from SoundExchange, Inc. indicating their intent to audit royalty payments from commercial and non-commercial webcasters for the years 2021 to 2023. These audits will examine the accuracy of royalty payments made by companies like Beasley Mezzanine Holdings, iHeartMedia, and Family Stations, Inc., under statutory licenses. SoundExchange is responsible for collecting and distributing these royalties and can conduct such audits once a year to ensure compliance. This notice was published to fulfill the requirement of announcing these intentions in the Federal Register.

    Simple Explanation

    SoundExchange wants to check if some radio companies paid the right money for playing songs in 2021, 2022, and 2023, so they're doing a big review or "audit" to make sure everything is correct. These checks help make sure that the musicians and song creators get paid fairly.

  • Type:Notice
    Citation:89 FR 105140
    Reading Time:about 13 minutes

    The Securities and Exchange Commission (SEC) has received a proposed rule change from NYSE Arca, Inc. to revise their Options Fee Schedule. This change aims to introduce pricing incentives for trading options on digital asset Exchange Traded Funds (ETFs) listed on NYSE Arca Equities, such as the Grayscale Bitcoin Trust ETF and others. The proposal includes offering additional discounts or credits per contract to encourage such trading, effective December 17, 2024. The Exchange believes that these changes will increase liquidity and benefit all market participants without imposing unnecessary competition burdens.

    Simple Explanation

    NYSE Arca, which is like a big marketplace for trading, wants to make it cheaper and more attractive to trade certain digital money options. They hope this change will make trading faster and better for everyone, but they're not sure exactly how it will affect everybody yet.

  • Type:Proposed Rule
    Citation:90 FR 9224
    Reading Time:about a minute or two

    The Copyright Royalty Board is correcting a proposed rule initially published on December 19, 2024, which concerns digital performance rates and ephemeral recordings for new subscription services from 2026 to 2030. The original document had a mistake in the rate adjustment formulas because it missed some parentheses, making the equations incorrect. This new document fixes those formulas. Comments on the proposed rule can be submitted online until March 12, 2025, using the Copyright Royalty Board's electronic filing system.

    Simple Explanation

    The Copyright Royalty Board wants to make sure music services that play songs online know how much to pay and for how long, but they accidentally messed up the math in their rules and needed to fix it. They are now asking people to give their thoughts on these rules until March 2025.

  • Type:Notice
    Citation:89 FR 96247
    Reading Time:about 5 minutes

    The Federal Communications Commission (FCC) is asking for public comments on its information collection methods as part of its ongoing effort to reduce paperwork. This review is required by the Paperwork Reduction Act. Comments are sought on the necessity and utility of the existing information collection, the accuracy of the FCC's burden estimate, and suggestions for minimizing the burden on respondents, particularly small businesses with fewer than 25 employees. Interested parties should submit their comments by February 3, 2025.

    Simple Explanation

    The FCC wants to know if their way of collecting information is useful or too much work for people, like small businesses, and they are asking for ideas on how to make it easier. They are inviting everyone to share their thoughts by February 3, 2025, to help them decide if changes should be made.

  • Type:Notice
    Citation:90 FR 12016
    Reading Time:about 73 minutes

    The Securities and Exchange Commission (SEC) received a proposed rule change from The Nasdaq Stock Market LLC to list and trade shares of the Grayscale Polkadot Trust under Nasdaq Rule 5711(d). This trust will hold and manage Polkadot tokens, offering an investment avenue without direct ownership of the digital currency. The proposed rule includes measures to prevent fraud and manipulation, and outlines how the shares will be created, traded, and redeemed. The SEC is reviewing the proposal and inviting public comments for potential approval or disapproval.

    Simple Explanation

    The SEC is thinking about letting a special type of investment fund, called the Grayscale Polkadot Trust, be bought and sold on the Nasdaq. This fund helps people invest in a thing called Polkadot without actually owning any, but they're making sure to set rules so nobody cheats or makes a mess of things.

  • Type:Notice
    Citation:90 FR 16022
    Reading Time:about 73 minutes

    The Securities and Exchange Commission has announced a proposed rule change to allow Nasdaq to list and trade shares from the Grayscale Avalanche Trust (AVAX) under its rules for Commodity-Based Trust Shares. These shares will let investors indirectly invest in AVAX, a cryptocurrency from the Avalanche Network, similar to how they might invest in other commodities like gold. The Trust will not be actively managed, and the value of its shares will reflect the value of the AVAX it holds, minus associated expenses. The proposal also includes measures to prevent fraud and manipulation, despite AVAX's market not being primarily regulated.

    Simple Explanation

    Imagine a new way for people to put their money into a special kind of pretend money called AVAX, which is like a game token used online. The plan is for these tokens to be turned into little pieces that people can buy and sell on a big trading floor called Nasdaq, just like trading collectible cards but with grown-up money. This idea is still being checked to make sure it's fair and safe for everyone.