Search Results for keywords:"Regulatory Compliance"

The National Securities Clearing Corporation (NSCC) has proposed a rule change concerning the collection of intraday margin. The change aims to improve clarity and transparency in how NSCC monitors and collects these charges, which help mitigate risks related to market volatility. Specifically, the proposal includes consolidating procedures, setting guidelines for when not to collect charges, and ensuring documentation of these decisions. This initiative is geared toward fulfilling new regulatory requirements laid out by the Securities and Exchange Commission to better manage credit risks.

The Board of Governors of the Federal Reserve System is extending, with revisions, the rules for recordkeeping and disclosure related to real estate appraisal standards, known as FR Y-30. This extension is set for three years and takes effect immediately. These rules are mandatory for state member banks and nonbank subsidiaries of bank holding companies, aiming to ensure compliance with uniform appraisal standards as required by law. No public comments were received during the notice period despite an invitation for input.

The Federal Trade Commission has announced the granting of requests for early termination of the waiting period required under the premerger notification rules. The contact for further information is Theresa Kingsberry, from the Federal Trade Commission's Premerger Notification Office. The announcement was filed on February 23, 2021, and is available in document number 2021-03751 in the Federal Register.

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 Environmental Protection Agency (EPA) is seeking public comments on a proposal to extend the Information Collection Request (ICR) for Hydrochloric Acid Production under the National Emission Standards for Hazardous Air Pollutants (NESHAP). This extension, involving facilities that produce significant emissions, aims to ensure compliance with established pollution control standards. Comments can be submitted until March 31, 2025, and the EPA estimates the total yearly burden to be 21,900 hours, costing about $2,980,000. This proposal does not anticipate significant changes in industry growth or costs.

The Federal Communications Commission (FCC) has issued a rule clarifying how spectrum sharing will work between different generations of non-geostationary satellite orbit (NGSO) fixed-satellite service (FSS) systems. The rule sets specific technical criteria, including a limit on interference to earlier established satellite systems to promote effective coordination and protect network operations. A transitional protection period of ten years is specified, after which later systems must share spectrum equally with earlier systems. These measures aim to ensure efficient use of satellite spectrum and facilitate a competitive environment for new satellite entries.

The Environmental Protection Agency (EPA) is proposing to approve a revision to Maryland's air quality plan. This revision confirms that there are no sources in Maryland subject to the 2016 Oil and Gas Control Techniques Guidelines, which set standards to control air pollution from oil and gas facilities. Maryland conducted a thorough review and found no facilities that meet the criteria requiring them to follow these guidelines. The EPA is open to public comments on this proposal and will consider them before making a final decision.

The Federal Aviation Administration (FAA) is exercising enforcement discretion, meaning they won't enforce compliance with a rule called "Integration of Powered-Lift: Pilot Certification and Operations; Miscellaneous Amendments" until March 20, 2025. This rule was originally published in November 2024 but received corrections in January 2025. The delay allows time for appointed officials to review the rule to ensure it aligns with legal and administrative policies. The decision follows a broader call for a 60-day freeze on new regulations to allow for such reviews.

The California State Water Resources Control Board has received a request from Pacific Gas and Electric Company for a water quality certification under the Clean Water Act for a project. This was noted by the Federal Energy Regulatory Commission on March 21, 2025. They have set a deadline for the Board to respond to this request by February 20, 2026. If the Board does not act by then, they will be seen as having waived their authority to certify the water quality.

The Federal Communications Commission issued a correction to a previous rule titled Achieving 100% Wireless Handset Model Hearing Aid Compatibility. The correction updates various references to dates in the document; specifically, several instances where the date was mistakenly listed as "December 12, 2028" have been corrected to "December 13, 2028," and instances of "June 12, 2028" have been corrected to "June 13, 2028". These changes are intended to ensure the accuracy of the timeline in the regulatory text. The corrections apply across multiple pages and paragraphs of the original document.