Search Results for keywords:"compliance"

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Search Results: keywords:"compliance"

  • Type:Notice
    Citation:89 FR 96661
    Reading Time:about 3 minutes

    The Transportation Security Administration (TSA) is extending its information collection regarding security programs for foreign air carriers entering the United States. This mandatory information collection aims to ensure these carriers meet safety standards comparable to those of U.S. operators by monitoring their compliance with specific security procedures. The TSA is seeking public comments by January 6, 2025, about the necessity and impact of this data collection. The estimated annual burden for foreign air carriers is 241,485 hours, involving around 180 respondents.

    Simple Explanation

    The government's travel safety helpers are checking to make sure airline companies from other countries follow the same rules as those in the U.S. This is to keep everyone safe, but it takes a lot of time each year, and they're asking people to say what they think about this before January 6, 2025.

  • Type:Rule
    Citation:90 FR 1355
    Reading Time:about 8 minutes

    The Consumer Financial Protection Bureau (CFPB) has issued a final rule to adjust civil penalty amounts for inflation, fulfilling the requirements under the Federal Civil Penalties Inflation Adjustment Act. These adjustments ensure that penalties continue to serve as a deterrent and encourage compliance with the law. The new penalty amounts will take effect on January 15, 2025, and apply to violations occurring after November 2, 2015. This rulemaking process does not require public notice or comment due to its technical nature and statutory obligations.

    Simple Explanation

    The CFPB is changing fines to keep up with rising prices so that people follow the rules, starting January 15, 2025, for mistakes made after November 2, 2015.

  • Type:Notice
    Citation:86 FR 7183
    Reading Time:about 2 minutes

    The Department of the Treasury is planning to submit information collection requests to the Office of Management and Budget (OMB) for review. This action is part of a routine process governed by the Paperwork Reduction Act of 1995. The public is encouraged to send their comments on these requests by February 25, 2021. The requests relate to importers' records and reports, particularly focused on ensuring the correct permits and taxes for importing alcohol and tobacco products, and ensuring compliance with federal regulations.

    Simple Explanation

    The Treasury Department wants to check how importers keep track of their alcohol and tobacco products to make sure everything is legal and taxes are paid. They are asking people to share their thoughts on this by the end of February.

  • Type:Notice
    Citation:90 FR 8544
    Reading Time:about 4 minutes

    The Securities and Exchange Commission (SEC) is seeking approval from the Office of Management and Budget (OMB) to extend an existing requirement for record-keeping under Rule 303 of Regulation ATS, which governs alternative trading systems (ATSs). Regulation ATS requires ATSs that register as broker-dealers to maintain certain records to ensure regulatory compliance. These records help regulatory bodies monitor ATSs and promote fair and orderly markets. The SEC estimates that ATSs will spend an average of 1,607 hours annually maintaining these records. The public can comment on this request by emailing or visiting a provided website by March 3, 2025.

    Simple Explanation

    The SEC wants to keep checking on special places where people buy and sell stocks, called ATSs, to make sure everything is fair. They want ATSs to spend some time each year keeping papers and information organized, and they're asking people to share their thoughts about this plan by March 3, 2025.

  • Type:Notice
    Citation:89 FR 101087
    Reading Time:about 3 minutes

    Portland & Western Railroad, Inc. (PNWR) has filed a notice to abandon a section of railroad track in Tigard, Oregon, covering about 4,111 feet, as there has been no train traffic on it since 2007. The exemption will take effect in January 2025, provided no objections or offers of financial assistance are received. PNWR has ensured that all environmental, historic, and procedural requirements for the abandonment process have been met. If there are any issues with the notice’s accuracy, the exemption could be invalidated, and any affected employees are entitled to protections.

    Simple Explanation

    The Portland & Western Railroad wants to stop using a piece of train track in Oregon because no trains have used it for a long time. They'll go ahead with this plan next year if no one objects or offers to pay to keep it open.

  • Type:Notice
    Citation:90 FR 13735
    Reading Time:about 13 minutes

    The Federal Energy Regulatory Commission (FERC) is seeking public comments on the FERC-517 information collection related to the safety of waterpower projects, with comments due by April 25, 2025. This information helps assess the safety of water projects, ensuring they're maintained well and safe for the public. The document outlines the reporting requirements, such as prompt incident reports and inspections by independent consultants. It also describes the Owner's Dam Safety Program, which mandates regular audits and includes key elements like dam safety policy and training.

    Simple Explanation

    The government wants to make sure big water projects, like dams, are safe and is asking people to share their thoughts. They have some rules for checking and fixing these projects to keep everyone safe.

  • Type:Notice
    Citation:90 FR 12532
    Reading Time:about 2 minutes

    The Federal Communications Commission (FCC) is seeking public comments on the information collection required under the Paperwork Reduction Act of 1995. The comments should address whether this information collection is necessary, its practical utility, the accuracy of the burden estimates, ways to improve its quality and clarity, and how to reduce the burden on small businesses. The deadline for submitting comments is May 19, 2025. This effort is part of the FCC's ongoing review to minimize paperwork burdens.

    Simple Explanation

    The FCC wants to hear people's thoughts on some paperwork rules to make sure they are useful and not too much trouble, especially for small businesses. They're asking for ideas on how to make the paperwork easier and clearer.

  • Type:Notice
    Citation:89 FR 95762
    Reading Time:about 8 minutes

    The Federal Energy Regulatory Commission (FERC) announced recent filings for complaints, compliance, and electric rate matters in the EL and ER dockets. Some key filings include complaints by BP Energy Retail Company against the California Independent System Operator and various tariff amendments and rate filings by companies like AEP Oklahoma Transmission and Entergy Arkansas. These documents also detail the procedural requirements for intervention, protests, and comments by the public. The Commission has encouraged the use of eFiling for these processes and offers support through its Office of Public Participation for those needing assistance.

    Simple Explanation

    The Federal Energy Regulatory Commission told everyone about different complaints and plans related to energy stuff, like how much people pay for electricity and changes in rules; they also said people can join the discussion and share their thoughts online.

  • Type:Notice
    Citation:86 FR 10372
    Reading Time:about 14 minutes

    The Securities and Exchange Commission (SEC) has extended the deadline for smaller broker-dealers to file their annual reports by 30 days, due to challenges these firms face in securing audit services within the crowded audit season following the fiscal year end. According to FINRA, this extra time will help alleviate the pressure on smaller broker-dealers, who often rely on manual processes and face limited availability of independent auditors. The extension is available to broker-dealers who meet specific conditions, such as having less than $50 million in capital and liabilities, being in compliance with certain rules, and using electronic filing to submit reports. This move aims to ensure quality in financial reporting without compromising investor protections.

    Simple Explanation

    The SEC has decided to give small broker companies a little more time, 30 extra days, to finish their important paperwork because they are having trouble finding people to help during a busy time of year. These small companies need to follow some rules, like keeping their money in order, to get this extra time.

  • Type:Notice
    Citation:90 FR 9326
    Reading Time:about 9 minutes

    The document is a notice from the Federal Energy Regulatory Commission listing several filings related to natural gas pipeline rates and refund reports. Various companies have submitted filings regarding rate approvals, compliance with different standards like NAESB and Order No. 587-AA, and other related procedural matters. The notice provides details about each filing, including the docket number, applicant, description, filed date, accession number, and deadlines for comments or protests. The notice offers guidance for those wishing to participate in these proceedings, emphasizing the importance of timely filing interventions to become a party to the proceedings.

    Simple Explanation

    The notice tells people about a list of things companies did with gas pipelines, like asking to change prices or making sure they follow the rules, and it gives details like when these things were filed and how people can talk about them.

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