Search Results for keywords:"financial exemptions"

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Search Results: keywords:"financial exemptions"

  • Type:Notice
    Citation:89 FR 104236
    Reading Time:about 10 minutes

    The U.S. Nuclear Regulatory Commission (NRC) is considering granting exemptions to PSEG Nuclear, LLC for its Hope Creek, Salem, and Peach Bottom Atomic Power Stations. These exemptions would allow PSEG to use earnings from its nuclear decommissioning trust for activities not strictly defined as "decommissioning" by NRC regulations. After conducting an environmental assessment, the NRC found that there would be no significant impact on the environment or safety, as the action is primarily financial in nature. Therefore, they decided not to prepare an environmental impact statement and issued a Finding of No Significant Impact (FONSI).

    Simple Explanation

    PSEG Nuclear wants special permission to use money from their savings (meant for cleaning up old power plants) to pay for different things, and the people in charge checked and said it's okay because it won't hurt anything.

  • Type:Notice
    Citation:89 FR 103904
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) has published a notice about an application from the Coatue CTEK Fund and Coatue Management, L.L.C. These applicants are seeking an order to allow certain registered closed-end investment companies to issue multiple classes of shares, along with imposing asset-based fees and early withdrawal charges. If no hearing is requested by January 7, 2025, the SEC is set to grant the requested exemptions. Interested parties are given details on how to apply for a hearing if they wish to contest the application.

    Simple Explanation

    The SEC is thinking about giving permission to some companies to sell different types of shares like different flavors of ice cream. If no one says "I don't like this" by a certain date, they're going to allow it.