Search Results for keywords:"regulatory action"

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Search Results: keywords:"regulatory action"

  • Type:Notice
    Citation:86 FR 1495
    Reading Time:about 8 minutes

    The Environmental Protection Agency (EPA) has released its final risk evaluation for 1,4-dioxane under the Toxic Substances Control Act (TSCA). This evaluation is used to determine if the chemical poses an unreasonable risk to health or the environment, considering its various uses. The EPA found that some uses of 1,4-dioxane do pose such a risk, necessitating regulatory action to manage these risks, while other uses do not. The evaluation and related documents are available for public access.

    Simple Explanation

    The EPA checked if a chemical called 1,4-dioxane is too dangerous for people or nature and found that some ways it’s used are risky and need rules to make them safer, while other ways are okay.

  • Type:Notice
    Citation:86 FR 89
    Reading Time:about 10 minutes

    The Environmental Protection Agency (EPA) has released the final risk evaluation for Chrysotile Asbestos under the Toxic Substances Control Act (TSCA). The evaluation identifies certain uses of this type of asbestos as posing an unreasonable risk to health, prompting the EPA to implement risk management measures. Other uses were found not to pose such risks. Additionally, the EPA is working on Part 2 of the risk evaluation, which will address legacy uses and disposals of all types of asbestos, with a draft scope expected for public comment in mid-2021.

    Simple Explanation

    The EPA checked if a type of asbestos called Chrysotile is dangerous to people or the planet. They found that some uses are unsafe, so they plan to make rules to fix it. They're also working on another study to check old uses of asbestos.

  • Type:Notice
    Citation:90 FR 8805
    Reading Time:about 11 minutes

    The U.S. Department of Homeland Security (DHS) has announced the cancellation of a previous decision by former Secretary Alejandro Mayorkas regarding Temporary Protected Status (TPS) for Venezuela. Mayorkas' decision, made on January 10, 2025, had extended TPS for Venezuela and simplified the application process for current TPS holders from both the 2021 and 2023 designations, allowing them to keep their status until October 2, 2026. The new DHS decision, effective immediately, nullifies the previous extensions and restores the original expiration dates for the 2021 and 2023 designations. DHS will cease processing any re-registration applications filed under Mayorkas' notice and refund related fees.

    Simple Explanation

    The Department of Homeland Security changed its mind about letting people from Venezuela stay longer in the U.S.; they took back a decision that allowed them to stay until 2026 and are now going back to the old rules.

  • Type:Notice
    Citation:90 FR 12427
    Reading Time:about a minute or two

    The U.S. Securities and Exchange Commission (SEC) has extended the time period to decide on a proposed rule change by Cboe BZX Exchange, Inc. This rule change aims to allow the listing and trading of shares of the VanEck Solana Trust under BZX Rule 14.11(e)(4), related to Commodity-Based Trust Shares. Originally, the SEC had until April 4, 2025, to make a decision, but it has now extended the deadline to May 19, 2025, to ensure thorough consideration of the proposal.

    Simple Explanation

    The government is taking more time to decide if a certain kind of stock, called the VanEck Solana Trust, can be bought and sold on a special market. They want to make sure they make the right choice, so they need until May 19, 2025, to think about it.

  • Type:Rule
    Citation:90 FR 11476
    Reading Time:about 5 minutes

    The Federal Aviation Administration (FAA) has implemented changes to the Standard Instrument Approach Procedures (SIAPs), as well as Takeoff Minimums and Obstacle Departure Procedures for certain airports. These updates are due to new criteria and changes in the National Airspace System, such as new navigational facilities and air traffic requirements, aimed at enhancing the safety and efficiency of air travel. The rule modifies 14 CFR part 97, incorporates relevant changes specified in permanent notices, and is designed to promote safe flight operations under instrument flight rules. The regulation has a minimal economic impact and is not considered a significant regulatory action.

    Simple Explanation

    The FAA is changing the rules for how planes take off and land safely at some airports, like making new road signs for the skies. They're doing this to keep everyone safe, even if it's a bit hard to understand without a map showing exactly where the changes are.

  • Type:Notice
    Citation:86 FR 146
    Reading Time:about a minute or two

    The Nuclear Regulatory Commission has announced that there will be no public meetings scheduled from the weeks of January 4 to February 8, 2021. These meetings were to take place in the Commissioners' Conference Room in Rockville, Maryland. The schedule for these meetings is subject to change with short notice, and the public can verify the status or request information by contacting Denise McGovern or visiting the NRC's website. The announcement also mentions that reasonable accommodations can be provided for individuals with disabilities to participate in these meetings.

    Simple Explanation

    The Nuclear Regulatory Commission is letting people know that there won't be any public meetings for a little over a month, and if anyone wants updates or needs help to join, they can contact Denise or check a website.

  • Type:Notice
    Citation:90 FR 1587
    Reading Time:less than a minute

    The United States Small Business Administration (SBA) has voided the license of the New York Credit SBIC Fund L.P. This action was taken under the authority of section 309 of the Small Business Investment Act of 1958 and the regulations in 13 CFR 107.1900. The license, numbered 03/03-0265, allowed the Fund to function as a small business investment company. This decision means the New York Credit SBIC Fund L.P. can no longer operate under that license.

    Simple Explanation

    The Small Business Administration (SBA) has taken away a special permission from the New York Credit SBIC Fund L.P., so they can no longer work as a small business helper. This happened because they didn't meet the rules needed to keep their permission, called a license.

  • Type:Rule
    Citation:90 FR 1031
    Reading Time:about 4 minutes

    The Federal Aviation Administration (FAA) has issued a final rule that revokes the Class E airspace at Follett, Texas, as the airport's instrument procedures have been canceled, making the airspace unnecessary. This rule takes effect on April 17, 2025, following approval by the Director of the Federal Register. The regulation is not considered a significant regulatory action, as it primarily pertains to air traffic procedures without significant economic impacts. Additionally, the FAA found that this action qualifies for an environmental exclusion, as it does not lead to any notable environmental effects.

    Simple Explanation

    The FAA has decided that a special piece of sky at an airport in Follett, Texas, is no longer needed because the airport's special flying instructions are not being used anymore.

  • Type:Proposed Rule
    Citation:90 FR 12115
    Reading Time:about 3 minutes

    The Federal Deposit Insurance Corporation (FDIC) is withdrawing its proposed rules related to brokered deposit restrictions, corporate governance, and the Change in Bank Control Act. These proposals, published in 2023 and 2024, aimed to revise existing regulations but faced issues like being overly complex, conflicting with state laws, and potentially discouraging investments in banks. If the FDIC decides to take regulatory action on these matters in the future, it will announce new proposals.

    Simple Explanation

    The FDIC has decided not to continue with some new banking rules that might have been too confusing or made it hard for people to invest in banks; if they want to try again later, they'll come up with new ideas.

  • Type:Notice
    Citation:90 FR 12408
    Reading Time:about 2 minutes

    On January 30, 2025, NYSE Arca, Inc. proposed a rule change with the Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale XRP Trust. They later modified this proposal with an amendment on February 10, 2025. The SEC needed more time to consider this proposed change and decided to extend the deadline for their decision to either approve or reject it until May 21, 2025. This extension allows the SEC to thoroughly evaluate the proposal and any related concerns.

    Simple Explanation

    NYSE Arca wants to have a new type of stock related to XRP, and the SEC (which is like the rule-checkers for stocks) needs more time to decide if that's okay, so they will think about it until May 21, 2025. This extra time helps them make sure everything is safe and fair.

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