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

The National Marine Fisheries Service has issued a permit to the Pacific Islands Fisheries Science Center to conduct research and activities aimed at helping the endangered Hawaiian monk seals. The activities will take place in the Hawaiian Archipelago and Johnston Atoll and will include health checks, tagging, and other conservation efforts to improve the seals' survival rates. The permit is valid until the end of 2029, and researchers will also study threats to the seals, explore solutions, and assess the effectiveness of their efforts. The permit also covers potential impacts on some dolphin species and allows for the collection and analysis of seal parts.

The Depository Trust Company (DTC) has proposed a plan to raise up to $3 billion through the issuance of senior notes, a type of debt, to strengthen its liquidity resources. This is a part of their strategy to ensure they have enough funds to complete financial settlements even if a major participant fails to meet their obligations. By diversifying their sources of liquidity, they aim to reduce dependency on current credit facilities and manage financial risks better. The Securities and Exchange Commission (SEC) is seeking public comments on this proposal.

The Environmental Protection Agency (EPA) has proposed changes to the Toxics Release Inventory (TRI) regulations to explicitly include certain per- and polyfluoroalkyl substances (PFAS) in the list of "toxic chemicals," as those are automatically added under the National Defense Authorization Act (NDAA) starting January 1, following specific criteria. This clarification ensures that suppliers must notify their customers about products containing these PFAS at the beginning of each year. The action aims to align regulations with existing NDAA provisions without adding new requirements, merely clarifying when notifications must occur. Comments on this proposal are open until February 18, 2025.

The Public Company Accounting Oversight Board (PCAOB) had filed proposed rules on Firm Reporting and Firm and Engagement Metrics with the Securities and Exchange Commission (SEC). These proposals were initially published in the Federal Register for public comment in December 2024. However, on February 11, 2025, the PCAOB decided to withdraw these proposed rules before the SEC made a final decision on them. The withdrawal means that the rules will not be adopted or enforced.

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.

The Securities and Exchange Commission (SEC) disapproved a proposed rule change by BOX Exchange LLC to establish the Boston Security Token Exchange LLC as a facility for trading securities. This decision was made because the related BSTX Trading Rules Proposal, which outlined how trading would occur and how the exchange would regulate it, was also disapproved. The SEC found that without these approved trading rules, BOX Exchange could not ensure the proposed exchange would operate in a manner consistent with the Exchange Act. Consequently, the proposed rule change did not meet the regulatory requirements set forth by the Exchange Act.

The Environmental Protection Agency (EPA) is updating regulations under the Toxic Substances Control Act (TSCA) to improve the review process for new chemicals. These changes match the Frank R. Lautenberg Chemical Safety Act updates from 2016, aiming to make the process more efficient and clear. Significant adjustments include requiring more detailed information from those submitting new chemical notices, extending requirements for exceptions known as "low volume" and "low release and exposure" to certain chemicals, and ensuring all per- and polyfluoroalkyl substances (PFAS) go through a full review. The modifications seek to enhance EPA's ability to assess and manage chemical risks to health and the environment.

The U.S. Nuclear Regulatory Commission (NRC) is considering a change to the operating license for Florida Power and Light Company's Turkey Point Nuclear Generating Unit No. 4. This amendment would delay the installation of new reactor coolant pump seals from spring 2025 to spring 2027 due to unexpected fabrication delays. The NRC has preliminarily determined that this change does not pose significant safety risks and is accepting public comments until March 21, 2025. Requests for a hearing or petitions to intervene can be filed by April 21, 2025.

The FAA has issued a new airworthiness directive for Boeing 777 series airplanes due to reports of cracks in the upper wing skin. This directive mandates repetitive inspections using a specific high-frequency eddy current method to detect cracks around certain fasteners. The goal is to address potential safety issues that could lead to loss of airplane control if not corrected. The directive takes effect on April 23, 2025, and outlines compliance and repair procedures for the affected aircraft.

The Securities and Exchange Commission (SEC) is considering a proposed rule change by the New York Stock Exchange (NYSE) to exempt closed-end funds registered under the Investment Company Act of 1940 from having to hold annual shareholder meetings. The proposed rule change was published in the Federal Register on July 9, 2024, for public comment, and the SEC has extended the decision deadline to March 6, 2025, to allow more time for consideration. This extension allows the SEC to evaluate the proposed rule change thoroughly, the feedback received, and make an informed decision on whether to approve or disapprove it.