Search Results for keywords:"operational challenges"

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Search Results: keywords:"operational challenges"

  • Type:Notice
    Citation:90 FR 9568
    Reading Time:about 9 minutes

    In response to requests from industry participants, the Securities and Exchange Commission (SEC) has announced a temporary exemption for institutional investment managers from complying with Rule 13f-2 and Form SHO reporting requirements. Originally set to start on January 2, 2025, the compliance date has been extended to January 2, 2026, giving these managers additional time to adjust their systems and address any operational challenges. This decision was made to ensure the accuracy of the information that will be shared with investors. The SEC believes this extension will help achieve the goals of transparency and accurate data reporting, while balancing the preparation needs of the industry.

    Simple Explanation

    The SEC is giving big money managers more time—until January 2026 instead of January 2025—to get ready to follow new rules about telling people what stocks they own, so they can share the right information with everybody.

  • Type:Notice
    Citation:90 FR 1198
    Reading Time:about 14 minutes

    The U.S. Nuclear Regulatory Commission (NRC) granted Constellation Energy Generation, LLC an exemption regarding their LaSalle County Station in Illinois. This exemption permits the storage of spent nuclear fuel in a special type of cask that doesn't fully comply with existing certification requirements. The NRC determined this is safe and doesn't pose a threat to public safety or security. Without this exemption, the company would face operational challenges and increased safety risks, including potential delays and additional radiation exposure.

    Simple Explanation

    Constellation Energy got special permission from the government to use a different type of container for holding used nuclear fuel at their power plant. This new container doesn't meet all the usual rules, but the officials say it's still safe for people.