Search Results for citation:"90 FR 9352"

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Search Results: citation:"90 FR 9352"

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2025-02432 — Self-Regulatory Organizations; Options Clearing Corporation; Notice of Designation of Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Partial Amendment No. 1 and Amendments Nos. 2 and 3, by The Options Clearing Corporation To Establish a Margin Add-On Charge That Would Be Applied to All Clearing Member Accounts To Help Mitigate the Risks Arising From Intraday and Overnight Trading Activity
February 11, 2025
Type:Notice
Citation:90 FR 9352
Reading Time:about 4 minutes
The Options Clearing Corporation (OCC) proposed a rule to add a margin charge to all clearing member accounts to manage risks from short-dated trading activities. This proposal was initially submitted in July 2024 and has undergone multiple amendments to address concerns and include required information. The Securities and Exchange Commission (SEC) is taking extra time to review the proposal, extending its decision deadline to April 9, 2025, to ensure that all issues are carefully considered.
Simple Explanation
The Options Clearing Corporation wants to add an extra charge to manage the risks of rapid trades, and the Securities and Exchange Commission is taking more time until April 2025 to think carefully about whether this is a good idea.
2025-02459 — National Small Business Development Center Advisory Board
February 11, 2025
Type:Notice
Citation:90 FR 9352
Reading Time:less than a minute
The U.S. Small Business Administration (SBA) has announced the cancellation of the planned meeting for the National Small Business Development Center Advisory Board (NSBDCAB) originally scheduled for February 12, 2025. This decision, as noted in the Federal Register, is due to administrative priorities within the SBA. The public will be informed about the rescheduled meeting date in a future notice. For any inquiries, individuals can contact Rachel Karton at the provided email or phone number.
Simple Explanation
The people who help small businesses get better at what they do were going to have a meeting, but the meeting had to be stopped because other jobs need to be done first. They'll say when the new meeting is happening later on.

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