Search Results for keywords:"budget"

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Search Results: keywords:"budget"

  • Type:Notice
    Citation:86 FR 6650
    Reading Time:less than a minute

    The Federal Retirement Thrift Investment Board announced a board meeting set for January 26, 2021, which will be held over the phone. Participants can join by dialing a specified number or accessing a web link provided. The meeting will cover several topics, including the approval of previous meeting minutes, participant activity and legislative reports, and updates on investment policy, budget, and internal audits. There will also be a closed session to discuss matters covered under specific legal provisions. The meeting is organized in accordance with the legal authority of 5 U.S.C. 552b.

    Simple Explanation

    The Federal Retirement Thrift Investment Board is having a meeting on January 26, 2021, where they will talk about important things like finances and rules, and people can listen in by phone or online.

  • Type:Notice
    Citation:86 FR 6694
    Reading Time:about 13 minutes

    The Securities and Exchange Commission (SEC) announced the fiscal year 2021 adjustments to transaction fee rates under Sections 31(b) and (c) of the Securities Exchange Act of 1934. These fee rates are applied based on the total dollar amount of sales of certain securities, either on a national securities exchange or through members of a national securities association. The new fee rate is set at $5.10 per million dollars starting February 25, 2021. This rate aims to cover the SEC’s annual budget of $1,926,162,000, as specified in the Consolidated Appropriations Act, 2021.

    Simple Explanation

    The SEC decided that starting February 25, 2021, they would charge $5.10 for every million dollars of certain stocks sold to help pay their $1.9 billion budget. This plan uses complicated math which some people might find hard to understand.