Search Results for citation:"90 FR 12630"

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Search Results: citation:"90 FR 12630"

  • Type:Notice
    Citation:90 FR 12630
    Reading Time:about 4 minutes

    The Small Business Administration (SBA) is seeking public comments on its information collection related to the Paycheck Protection Program (PPP), following the requirements of the Paperwork Reduction Act. This rule is intended to gather feedback before submitting the information to the Office of Management and Budget for review. Although the authority to issue new PPP loans has expired, the SBA still needs this information to process loan forgiveness applications, conduct reviews, and handle any ongoing litigation. The existing information collection will remain necessary due to the extended retention requirements for lender records.

    Simple Explanation

    The Small Business Administration wants to hear from people about how they collect information to process loans for a program that is no longer giving out new loans, but still needs to finish some paperwork. They ask for comments but may not make it easy for everyone to share their thoughts.

  • Type:Notice
    Citation:90 FR 12630
    Reading Time:about a minute or two

    NYSE Arca, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend the rules about position and exercise limits for options on the Grayscale Bitcoin Trust and to allow Flexible Exchange Options for it. Initially filed on January 29, 2025, this proposal was later updated on February 7, 2025, and published in the Federal Register on February 18, 2025. The SEC needs more time to review this proposal, so it extended the deadline to May 19, 2025, for making a decision. This extension allows the SEC to thoroughly evaluate the proposed changes before approving or disapproving them.

    Simple Explanation

    NYSE Arca wants to change some rules about how much people can buy and sell a kind of stock option connected to something called the Grayscale Bitcoin Trust. The government needs more time to decide if this is okay, so they're thinking about it until May.