Search Results for keywords:"Efficiency Improvement"

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Search Results: keywords:"Efficiency Improvement"

  • Type:Notice
    Citation:86 FR 7590
    Reading Time:about 25 minutes

    The Securities and Exchange Commission (SEC) approved an updated plan between the Financial Industry Regulatory Authority (FINRA) and NYSE Arca, which aims to streamline regulatory responsibilities. This plan helps avoid the duplication of regulatory tasks for companies registered with both FINRA and NYSE Arca by specifying which organization will handle what aspects of regulation. The amendment removes certain rules from the plan and is designed to improve efficiency and reduce costs for regulated firms while ensuring investors are protected. The SEC declared the plan effective to promote better coordination between the two self-regulatory organizations.

    Simple Explanation

    The SEC said that two groups, FINRA and NYSE Arca, will share their work to make sure businesses are following the rules, so they don’t do the same work twice, helping them save money and making sure people who invest are protected.

  • Type:Rule
    Citation:90 FR 13063
    Reading Time:about 8 minutes

    The Federal Aviation Administration (FAA) has issued a final rule establishing a new Area Navigation (RNAV) Route Q-161 and amending several existing RNAV routes, including Q-97, Q-133, Q-409, Q-437, Q-439, Q-445, and Q-481, in the eastern United States. This action is part of a project to improve the efficiency of the National Airspace System (NAS) along the Northeast Corridor. The changes are aimed at reducing traffic conflicts and improving connectivity between major airports in the United States and Canada. The rule will take effect on June 12, 2025, and is classified as routine, with minimal economic and environmental impact.

    Simple Explanation

    The FAA is making new airplane pathways and fixing some old ones in the eastern part of the U.S. to help planes fly smoother and get people where they’re going faster, like having better roads in the sky for airplanes. These changes, starting June 12, 2025, are expected to make flying better and safer, without affecting the environment too much.