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

The Department of Veterans Affairs (VA) is updating their system of records, known as "The Revenue Program-Billing and Collections Records-VA" (114VA10D), to comply with the Privacy Act of 1974. These updates include changes to system numbers, locations, purposes, and categories of individuals covered. The VA is also revising rules on how records are stored and used, including the introduction of electronic storage in secure facilities like Amazon Web Services and Cerner Technology Centers, while maintaining safety measures. The VA invites public comments on these changes by February 24, 2021, after which the system will go into effect.

The Securities and Exchange Commission (SEC) has granted a temporary extension for certain companies that operate in the securities market. This extension allows them to bypass a specific requirement related to tracking and linking customer orders and representative orders in cases where their systems aren't directly connected. The SEC supports this extension to give companies more time to find long-term solutions and maintain market stability. This decision is made in the interest of protecting investors and ensuring the market remains organized and efficient.

The Securities and Exchange Commission is reviewing a proposed rule change by NYSE Arca, Inc.. The proposal involves updating the listing standards for Managed Portfolio Shares, a type of investment product, which allows the exchange to approve new listings without needing further rule changes if they meet specific criteria. Because this is a relatively new product, the Commission is seeking public input to determine if the proposed changes are consistent with market regulations and investor protections. They want feedback by January 27, 2021, to help decide whether to approve or disapprove the rule change.

The United States Small Business Administration has revoked the license of the Stonehenge Opportunity Fund III-B, L.P. as a small business investment company. This action was taken under the authority of Section 309 of the Small Business Investment Act of 1958 and 13 CFR 107.1900. As a result, the license held by Stonehenge Opportunity Fund III-B, L.P. is now null and void. The decision was announced by Thomas Morris, Director of Patient Capital Investments.

The Securities and Exchange Commission (SEC) is reviewing a proposed rule change submitted by the Cboe BZX Exchange, Inc.. This proposal seeks to allow closed-end management investment companies that are registered under the Investment Company Act of 1940 to bypass the annual meeting of shareholders, as required by Exchange Rule 14.10(f). The SEC initially designated a longer period for decision-making to ensure they thoroughly evaluate the proposal and any comments received. They have now extended the deadline to either approve or disapprove this change to March 12, 2025, providing more time for consideration.

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.

The New York Stock Exchange (NYSE) has proposed a change to its rules for listing companies from outside North America. This proposal would allow companies listing for the first time, that are not already on another stock exchange, to have their worldwide shareholders count towards the NYSE's stockholder requirements. The intention is to make it easier for international companies to list on the NYSE and to enhance competition with Nasdaq. The Securities and Exchange Commission (SEC) is reviewing this proposal to ensure it protects investors and maintains market integrity. They are inviting public comments to help decide on approval.

The Environmental Protection Agency (EPA) received a petition to reconsider revisions to the Accidental Release Prevention Requirements under the Clean Air Act. These revisions were initially published in March 2024. The EPA has denied this petition for reconsideration, and the details of this decision can be found in a letter addressed to the petitioner. Any legal challenges to this decision must be filed in the United States Court of Appeals for the District of Columbia by February 28, 2025.

The Securities and Exchange Commission has approved a rule change proposed by The Nasdaq Stock Market LLC. This change allows special purpose acquisition companies (SPACs) to be excluded from the requirement that at least 50% of a company's round lot holders must each hold unrestricted securities valued at a minimum of $2,500 at the time of the company's initial listing. Nasdaq believes that this rule is not necessary for SPACs, as their structure and investor base differ significantly from typical operating companies. The approval aims to align Nasdaq's standards more closely with those of other exchanges while ensuring investor protection and market liquidity.

Pacific Gas & Electric Company submitted a request on November 8, 2024, to temporarily change the flow requirements of the Haas-Kings Hydroelectric Project in California. The change involves stopping a supplemental water flow to replace a turbine valve from January 6 to May 31, 2025, ensuring a natural flow remains. Public comments on this request are accepted until January 15, 2025, and the Federal Energy Regulatory Commission plans to prepare an environmental assessment by February 28, 2025. Public participation is encouraged, and assistance is available through the Commission's Office of Public Participation.