Search Results for keywords:"Rule change"

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Search Results: keywords:"Rule change"

  • Type:Notice
    Citation:86 FR 7317
    Reading Time:about 13 minutes

    The Options Clearing Corporation (OCC) proposed a rule change to adjust their rules in alignment with recent updates to Part 39 of the Commodity Futures Trading Commission (CFTC) regulations. These changes include amendments to OCC Rule 602, addressing customer-level margin requirements, and OCC Rule 1103, concerning the suspension of clearing members. The revisions aim to make margin requirements commensurate with the risk of each customer account and incorporate an exception for futures commission merchants that meet certain CFTC conditions. These rules were filed with the Securities and Exchange Commission and became effective immediately to ensure compliance by the January 27, 2021 deadline.

    Simple Explanation

    The Options Clearing Corporation (OCC) made some changes to their rules to match new government rules about trading. These changes help make sure that the way they handle money and risks for different people who trade with them is fair and safe, and these new rules had to be in place by January 27, 2021.

  • Type:Rule
    Citation:90 FR 248
    Reading Time:about 4 minutes

    The Postal Service has introduced changes to the international Return Receipt service, which affects the Mailing Standards of the United States Postal Service, International Mail Manual (IMM). Starting January 1, 2025, the service will no longer be available for Priority Mail International and First-Class Package International Service, but it will still be offered when paired with registered letters or flats for First-Class Mail International. These changes are part of a larger effort to update mailing regulations and are documented in the Federal Register under document number 2024-31517.

    Simple Explanation

    The Postal Service decided that from January 2025, you can't get a "return receipt," which is like getting a postcard back to tell you your package was delivered, for some kinds of international mail packages, but you can still do this with special registered letters.