Search Results for keywords:"Regulation Amendment"

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Search Results: keywords:"Regulation Amendment"

  • Type:Rule
    Citation:90 FR 3618
    Reading Time:about 12 minutes

    The NCUA Board has finalized a rule to adjust the maximum amounts of civil monetary penalties (CMPs) it can impose, based on inflation, as mandated by the Federal Civil Penalties Inflation Adjustment Act. These adjustments, which must be made annually, are calculated by comparing the consumer price index for previous years. The new rule takes effect immediately upon publication and applies to penalties assessed for violations from November 2, 2015, onward. The adjustments are largely technical and do not require public notice or comment.

    Simple Explanation

    The government has made a rule to change how much money they can ask people or companies to pay as a penalty when they break some rules, making sure the amounts keep up with inflation. These changes are mostly about keeping up with the cost of things, and they don’t need people to give their opinions before they happen.

  • Type:Rule
    Citation:90 FR 13554
    Reading Time:about 9 minutes

    The Department of Health and Human Services (HHS) is amending a regulation concerning the care of unaccompanied alien children (UACs). This interim final rule removes a previous provision that prohibited the sharing of immigration status information of potential sponsors with law enforcement. The change is necessary because the provision conflicted with federal law, which requires no restriction on sharing immigration status information with the Immigration and Naturalization Service. The rule is effective immediately, and public comments are invited until May 27, 2025.

    Simple Explanation

    The government is changing a rule about taking care of kids who come to the U.S. alone. Now, they can tell another part of the government about these kids' immigration details because the old rule didn't match the law.

  • 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.