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Search Results: keywords:"Texas A

  • Type:Notice
    Citation:90 FR 9973
    Reading Time:about 5 minutes

    The U.S. International Trade Commission found that certain icemaking machines and components from Bluenix Co., Ltd. infringe on specific U.S. patents held by Hoshizaki America, Inc. As a result, the Commission issued orders to stop these products from being imported into the U.S. and imposed a bond of 49% of the product's value during a review period. This decision follows a series of investigations and reviews confirming the patent violation.

    Simple Explanation

    The U.S. International Trade Commission decided that a company who made ice machines used someone else's ideas without permission, so they can't sell those ice machines in the U.S. anymore, and if they do, they have to pay a big fee while a special review is happening.

  • Type:Notice
    Citation:90 FR 16552
    Reading Time:about 4 minutes

    The U.S. International Trade Commission decided to issue a limited exclusion order (LEO) that stops certain components for injection molding machines from entering the U.S. because they infringe on patents held by Husky Injection Molding Systems. This action was taken against Ningbo AO Sheng Mold Co., Ltd. (doing business as AOSIMI) because the company failed to participate in the investigation, leading to a default judgment. Although the complainants also asked for a cease and desist order (CDO), the Commission chose not to issue one, citing insufficient evidence of AOSIMI having significant business operations in the U.S. However, Chair Karpel disagreed and believed both the LEO and the CDO should be issued. The investigation has been closed, but the order will be reviewed by the President, with a bond requirement set at 100% of the value of imported items during this period.

    Simple Explanation

    The government told a company from China, called AOSIMI, that they can't send some of their machine parts to America because they copied someone else's idea, and now those parts can't come in. The company didn't show up to explain themselves, so they're in trouble and have to wait and see what happens next.

  • Type:Notice
    Citation:90 FR 11866
    Reading Time:about a minute or two

    The Investors Exchange LLC (IEX) submitted a proposed rule change to the Securities and Exchange Commission (SEC) regarding the trading of options on a new facility named IEX Options. This proposal was published in the Federal Register on January 21, 2025, and has received public comments. Under the Securities Exchange Act, the SEC normally has 45 days to decide on a proposed rule change, but this period can be extended. In this case, the SEC has extended the decision deadline to April 21, 2025, to allow more time to review the proposal and the comments received.

    Simple Explanation

    The people who help make rules for trading are thinking about starting a new place where people can trade something called "options." They need more time to decide if this is a good idea, so they are waiting a little longer until April 21, 2025, to make sure they understand everything.

  • Type:Notice
    Citation:86 FR 8824
    Reading Time:about 13 minutes

    Cboe C2 Exchange, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) to revise its policy on billing errors. The proposal suggests that any fees and rebates billed more than three months before an error is identified will be deemed final. The rule requires disputes to be submitted in writing with evidence, aiming to simplify the process for recognizing errors and resolving them efficiently. This change aligns C2 Exchange's practices with those of its affiliated exchanges, ensuring consistency across platforms.

    Simple Explanation

    Cboe C2 Exchange is making a new rule that says if they make a mistake in charging fees, and it isn't found within three months, everyone has to keep the charges as they are. If someone finds a mistake, they must write about it and show proof for it to be fixed.

  • Type:Notice
    Citation:86 FR 4149
    Reading Time:about 10 minutes

    The Securities and Exchange Commission has announced that the Cboe EDGA Exchange, Inc. has proposed a new rule regarding billing errors and fee disputes. Under this rule, all fees and rebates will be considered final after three calendar months. This change is designed to encourage members to review their billing statements promptly, ensuring that any errors are addressed quickly and reducing the administrative burden on the Exchange. The SEC is seeking comments from the public on this proposed change.

    Simple Explanation

    The Cboe EDGA Exchange, Inc. wants people to check their bills quickly to find mistakes. If no one says anything about a mistake in three months, the bill stays the same forever.

  • Type:Notice
    Citation:90 FR 8818
    Reading Time:about 3 minutes

    Nasdaq PHLX LLC, a self-regulatory organization, has filed a proposed rule change with the Securities and Exchange Commission (SEC) to introduce a FIX Drop Port, similarly used by other Nasdaq exchanges like BX, NOM, ISE, GEMX, and MRX. The FIX Drop Port will be implemented in Options 3, Section 23(b)(3) and is designed for immediate effectiveness. The SEC is inviting the public to comment on this proposed rule change and advises that comments should be submitted by February 24, 2025. All comments will be made public on the SEC's website.

    Simple Explanation

    Nasdaq PHLX wants to change some rules to add something called a "FIX Drop Port," which is like a new tool for trading that can help send information more easily. They are asking people to tell them what they think about this change by February 24, 2025.

  • Type:Notice
    Citation:86 FR 4156
    Reading Time:about 10 minutes

    Cboe BYX Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission to amend its fee schedule, focusing on handling billing errors and disputes. The proposed change would make all fees and rebates final after three months, aiming to encourage timely review of invoices by members and non-members. The proposed rule also requires any fee disputes to be submitted in writing with supporting documentation within this period. The Exchange believes that these changes will reduce administrative burdens and create a fair, consistent policy for resolving billing issues.

    Simple Explanation

    Cboe BYX Exchange wants to change a rule so that if someone finds a mistake in their bill, they have to tell Cboe within three months. After that, the bill can't be changed, and this is like putting a time limit on saying, "Hey, there's a mistake here!"

  • Type:Notice
    Citation:86 FR 4137
    Reading Time:about 10 minutes

    The Cboe EDGX Exchange, Inc. has proposed a new rule regarding billing errors and fee disputes. The rule stipulates that all fees and rebates will be considered final after three months, meaning adjustments for issues must be resolved within that timeframe. Members and Non-Members are required to submit any billing disputes in writing with supporting documentation to ensure timely resolution. This measure aims to minimize administrative burdens, along with promoting prompt invoice reviews and greater certainty for both the Exchange and its users. The rule is in line with similar provisions adopted by other exchanges.

    Simple Explanation

    The Cboe EDGX Exchange has a new rule that says if there are mistakes in bills, everyone has three months to fix them. After that, the bills are final, like how other places do it.

  • Type:Notice
    Citation:89 FR 103002
    Reading Time:about 2 minutes

    Nasdaq PHLX LLC proposed a rule change to the Securities and Exchange Commission (SEC), aiming to clarify and modify several aspects of its FLEX Options trading. These changes include clarifying certain trading functionalities, listing specific FLEX Index Options, and setting criteria for cash settlement of FLEX Options on certain Exchange-Traded Funds. The SEC, needing more time to review the proposal, extended the deadline for their decision until January 27, 2025. The proposed rule change had been available for public comment, but no comments were received.

    Simple Explanation

    Nasdaq PHLX LLC wants to change some rules about how people can trade special options called FLEX Options, but the SEC needs more time to think about these changes, so they’ve decided to make their decision next month.

  • Type:Notice
    Citation:90 FR 11768
    Reading Time:about 3 minutes

    Cboe C2 Exchange, Inc. has put forward a new rule, Rule 3.13, to formalize the current process for the voluntary termination of rights by Trading Permit Holders. Under this proposal, holders must inform the Exchange before a specific deadline if they wish to terminate their permits at the end of its term. The Securities and Exchange Commission (SEC) is inviting comments on this proposed rule change from the public, which can be submitted online or via mail by referring to file number SR-C2-2025-005. The SEC will consider public feedback before making a final decision.

    Simple Explanation

    Cboe C2 Exchange wants to make a new rule that explains how people who have special permits to trade can tell the Exchange they want to stop using their permits. The rule would make it clear how and when to let the Exchange know, and people can tell the government what they think about this new rule before it's decided.