Search Results for keywords:"exemptions"

The Federal Motor Carrier Safety Administration (FMCSA) has decided to renew exemptions for eight individuals, allowing them to continue driving commercial motor vehicles despite having epilepsy or a history of seizures. These individuals are taking medication for their condition, and FMCSA has determined that the exemptions provide a safety level equal to or greater than the standard regulations. The exemptions are valid for two years, and can be revoked if safety conditions are not met.

The Department of Health and Human Services (HHS) has issued a final rule regarding the "NIH Police Records" system, which contains law enforcement records maintained by the National Institutes of Health (NIH) Police Division. This rule establishes exemptions from certain requirements of the Privacy Act, allowing the NIH to withhold access to specific investigatory records to protect law enforcement procedures and sources. The exemptions apply to both criminal and non-criminal investigatory materials to prevent interference with ongoing investigations and safeguard the integrity of investigatory techniques. The rule is set to become effective on February 18, 2025, and it has been determined that it will not have significant economic impacts on small entities or impose significant expenses on state or local governments.

The Securities and Exchange Commission (SEC) has published a notice regarding an application for an order under the Investment Company Act of 1940. The order would grant exemptions from certain sections of the Act and a rule under it, allowing ActiveShares ETFs to issue and redeem shares in large batches, and facilitate market transactions at negotiated prices. The application involves the ActiveShares ETF Trust, Legg Mason Partners Fund Advisor, LLC, and Legg Mason Investor Services, LLC, seeking relief consistent with a prior order. The SEC will issue the order unless someone requests a hearing by February 8, 2021, by contacting the SEC via email.

The U.S. Copyright Office is planning to hold public hearings as part of the eighth triennial rulemaking proceeding under the Digital Millennium Copyright Act (DMCA). These hearings will discuss potential exemptions to the DMCA's rules against bypassing technological controls that safeguard access to copyrighted works. Scheduled to take place remotely via Zoom in April 2021, the hearings will give individuals a chance to speak about different proposed classes of exemptions. Interested parties must submit a request to testify by February 24, 2021, providing specific details about their intended testimony.

The U.S. Nuclear Regulatory Commission (NRC) granted 68 exemptions to 26 licensees in response to the challenges posed by the COVID-19 public health emergency. These exemptions provide temporary or permanent relief from certain regulatory requirements, allowing facilities to manage staffing and safety measures more flexibly. Specifically, the record details exemptions related to work-hour controls, emergency preparedness exercises, and security personnel training to ensure operations can continue safely during the pandemic. The NRC is using a single Federal Register notice to compile these exemptions, enhancing transparency about the actions taken during this period.

The Board of Governors of the Federal Reserve System has proposed a rule to change how Suspicious Activity Reports (SARs) are filed by certain financial institutions, like state member banks and bank holding companies. The rule aims to allow for exemptions from these requirements to help banks more effectively meet Bank Secrecy Act requirements, potentially leading to innovative ways to tackle financial crime. The Board will coordinate with FinCEN on exemption requests and is seeking public comments on the proposal until February 22, 2021. The proposal emphasizes that these exemptions won't relieve institutions from complying with FinCEN’s SAR regulations.

The Securities and Exchange Commission has published a notice of an application for an order that would allow certain investment companies to participate in a joint lending and borrowing facility. This facility would enable participating funds to lend money directly to, and borrow money directly from one another, to cover unexpected cash shortfalls. The facility aims to offer reduced borrowing costs and enhanced returns on loaned funds, benefiting both borrowing and lending funds. The application, submitted by Symmetry Panoramic Trust and Symmetry Partners, LLC, seeks specific exemptions from various sections of the Investment Company Act of 1940 to implement this interfund lending facility.

The U.S. Department of Energy (DOE) issued a final rule exempting certain records in its newly established system, DOE-42 Nondiscrimination in Federally Assisted Programs Files, from specific provisions of the Privacy Act of 1974. These exemptions are applied to protect investigatory materials used for law enforcement purposes, safeguarding against unauthorized access to sensitive data related to federal civil rights compliance investigations. The DOE addressed public comments on the rule and justified the need for exemptions to enhance the confidentiality and integrity of law enforcement processes while ensuring fairness and due process. The rule becomes effective on January 16, 2025.

The Centers for Disease Control and Prevention (CDC) has issued an order requiring all passengers traveling to the United States from a foreign country to provide either a negative COVID-19 test result or documentation of recovery from the virus. This rule applies to passengers aged two and above and aims to prevent the spread of COVID-19 and its variants. Airlines must verify this information before boarding passengers, and failure to comply may result in penalties. The order takes effect on January 26, 2021, and will remain in place until further notice.

The Securities and Exchange Commission (SEC) has announced a notice regarding an application for exemptions from certain provisions of the Investment Company Act of 1940. The applicants, Strategas Securities, LLC and Strategas Trust, seek permission for unit investment trusts (UITs) to impose deferred sales charges and offer exchange and rollover options to unitholders, among other requests. They also ask for relief from requirements related to net worth and capital gains distributions, arguing it's necessary to facilitate their investment strategies. Interested parties may request a hearing on the matter by March 15, 2021.