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The Securities and Exchange Commission (SEC) has announced a notice regarding an application for exemptions from certain provisions of the Investment Company Act of 1940. The applicants, Strategas Securities, LLC and Strategas Trust, seek permission for unit investment trusts (UITs) to impose deferred sales charges and offer exchange and rollover options to unitholders, among other requests. They also ask for relief from requirements related to net worth and capital gains distributions, arguing it's necessary to facilitate their investment strategies. Interested parties may request a hearing on the matter by March 15, 2021.

The Internal Revenue Service (IRS) has proposed new rules to manage an excise tax on the sale of certain designated drugs by manufacturers, producers, and importers. These regulations detail how the tax will be applied and calculated, particularly focusing on sales during specific periods defined by law. The proposed rules include definitions of terms like "manufacturer" and "sale," guidelines for identifying sales subject to the tax, and methods for calculating the tax amount. The rules aim to ensure that the tax is assessed fairly and are seeking public comments and possible requests for a hearing by March 3, 2025.

The Department of the Treasury is seeking public comments on a revised information collection called the Treasury International Capital Form SLT. This form involves reporting data on the buying, selling, and changes in the value of long-term securities by U.S. and foreign residents. The revision aims to improve data accuracy by collecting all information from a single source and reducing the paperwork burden on custodians. The updated form will become effective from February 2022, and the Treasury requests feedback on its necessity, accuracy, and ways to reduce respondent burdens before March 29, 2021.

The U.S. Department of Commerce has determined that crystalline silicon photovoltaic cells from Cambodia, also known as solar cells, are being sold in the United States at prices lower than their fair value. This investigation took place over a year, from April 2023 to March 2024. As a result, the Department will continue to require a cash deposit for estimated antidumping duties on these imports and has determined a dumping margin rate of 125.37% for companies not individually examined. The U.S. International Trade Commission will soon decide if these imports harm the domestic industry, which could lead to further import duties.

The U.S. Department of Commerce has determined that melamine from Japan is being sold in the U.S. at less than fair value, which means it's being sold for less than it costs to produce. As a result, they have set a high dumping margin of 115.11% on all other producers not individually investigated, and Commerce will continue to suspend liquidation of these goods until further notice. Mitsui Chemicals, the sole mandatory respondent, did not cooperate in the investigation, leading Commerce to use adverse facts available against them. The International Trade Commission will decide if the domestic industry is harmed by these imports, and if so, an antidumping order will be issued.

The U.S. Department of Commerce has determined that crystalline silicon photovoltaic cells, or solar cells, from Malaysia are likely being sold in the U.S. at prices lower than fair value, a practice called dumping, during the period from April 2023 to March 2024. They conducted an investigation and verified the sales and production data of Malaysian companies like Hanwha Q Cells and Jinko Solar. Based on these findings, they are applying certain antidumping duties on those imported goods, except for products made and exported by Hanwha Q Cells, which were found to have a zero dumping margin. The U.S. International Trade Commission will further decide if these imports harm the domestic solar industry; if they confirm harm, antidumping duties will be enforced.

The U.S. Court of International Trade issued a final judgment that impacted the antidumping duty investigation on mattresses from Indonesia and found it not in agreement with an earlier determination by the U.S. Department of Commerce. As a result, the dumping margin for PT. Zinus Global Indonesia was adjusted from 2.22% to 0.00%, leading to the revocation of the antidumping duty order. Consequently, Commerce will no longer collect cash deposits for estimated antidumping duties on these mattresses starting February 28, 2025, and all previously suspended entries will remain on hold until a final court decision is reached.

The Coronavirus Food Assistance Program (CFAP) is providing extra support to farmers impacted by COVID-19. This final rule offers more help to swine producers who applied for CFAP 1 and extends aid to some swine and poultry contract producers under CFAP 2. It also updates eligible commodities, changes payment calculations for some crops, and includes new rules based on the Consolidated Appropriations Act, 2021. Eligible producers don't have to reapply if they've applied before but must meet certain criteria to receive aid.

The U.S. Department of Commerce has found that certain glass wine bottles imported from Mexico were sold in the United States at prices below their fair value between October 1, 2022, and September 30, 2023. As a result, the department will maintain measures that prevent such sales practices, including the continuation of the suspension of the merchandise's liquidation and the requirement for cash deposits to offset potential dumping. The International Trade Commission will soon determine whether these imports caused material harm to the U.S. industry, which could lead to the imposition of additional antidumping duties. The final scope of the investigation includes only certain types of glass bottles as specified in the document.

The Department of Commerce has determined that silicon metal from Malaysia is being sold in the United States at prices lower than its fair value, based on an investigation covering the period from April 1, 2019, to March 31, 2020. As a result, the Commerce Department plans to suspend imports of silicon metal from Malaysia and require deposits equal to the estimated dumping margins. The investigation is to establish whether these imports harm or threaten the U.S. industry, with parties encouraged to comment on the findings. The final decision is postponed to allow further review and verification of the information used in this preliminary determination.