Search Results for keywords:"resource constraints"

Found 4 results

Search Results: keywords:"resource constraints"

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  • 2024-31065 — Federal Railroad Administration's Procedures for Waivers and Safety-Related Proceedings; Withdrawal
    Type:Proposed Rule
    Citation:89 FR 107103
    Reading Time:about a minute or two

    The Federal Railroad Administration (FRA) has decided to withdraw a proposed rule from October 29, 2024, concerning updates to procedures for waivers and safety-related proceedings. These updates aimed to clarify what is meant by "in the public interest" and "consistent with railroad safety" in the waiver standards. The FRA cited resource constraints and existing guidance on the topic as reasons for the withdrawal but emphasized their commitment to engaging with stakeholders on rail safety issues. The FRA may consider similar regulations in the future and appreciates the input received from stakeholders during this process.

    Simple Explanation

    The Federal Railroad Administration (FRA) had an idea to make rules clearer for train safety but decided not to continue with it right now because they don't have enough resources. They will still listen to people's ideas about keeping trains safe and might think about these rules again later.

  • 2024-28263 — Terminal Disclaimer Practice To Obviate Nonstatutory Double Patenting; Withdrawal
    Type:Proposed Rule
    Citation:89 FR 96152
    Reading Time:about a minute or two

    The United States Patent and Trademark Office (USPTO) decided to withdraw a proposed rule that was aimed at adding a new requirement for terminal disclaimers to address nonstatutory double patenting. This proposal was initially published in the Federal Register on May 10, 2024, and received over 300 comments during the open comment period, which ended on July 9, 2024. After considering the feedback and due to resource constraints, the USPTO chose not to proceed with this rule at the moment. However, they acknowledged the input from stakeholders and emphasized their commitment to maintaining a balanced and reliable intellectual property system.

    Simple Explanation

    The USPTO decided not to go ahead with a new rule about how to handle cases where two patents seem too similar. They received a lot of comments from people and didn't have enough resources to move forward right now.

  • 2021-00350 — Self-Regulatory Organizations; ICE Clear Europe Limited; Notice of Filing of Partial Amendment No. 1 To Proposed Rule Change Relating to Amendments to the ICE Clear Europe CDS Procedures and CDS Default Management Policy
    Type:Notice
    Citation:86 FR 2472
    Reading Time:about 6 minutes

    ICE Clear Europe Limited submitted a proposed rule change to the Securities and Exchange Commission (SEC) to update its rules related to the CDS Default Committee. On December 31, 2020, they filed a Partial Amendment No. 1 to provide additional flexibility for a Clearing Member to postpone participation in the committee if needed, due to resource constraints or other valid reasons. The SEC is seeking public comments on this amendment until February 2, 2021, before deciding whether to approve or disapprove the changes. All comments will be available on the SEC's website, with personal information made public as submitted.

    Simple Explanation

    ICE Clear Europe wants to change a rule about who can help decide what to do when there's a problem with special money deals called CDS. They're saying, "Hey, sometimes people are too busy to help right away, and that's okay." People can tell the big boss (the SEC) what they think about this change until February 2, 2021.

  • 2025-02617 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Order Approving Proposed Rule Change To Assume Operational Responsibility for Litigating Contested Disciplinary Proceedings Arising Out of Nasdaq-Led Investigations and Enforcement Activities and Amend Rules 9131 and 9810 (the Nasdaq Discipline Rules) To Grant Nasdaq Regulation the Same Authority as FINRA in Contested Disciplinary Proceedings To Serve Complaints and Memoranda of Authority
    Type:Notice
    Citation:90 FR 9647
    Reading Time:about 8 minutes

    On December 11, 2024, the Nasdaq Stock Market LLC proposed to the Securities and Exchange Commission (SEC) that it should take over handling contested disciplinary proceedings that are currently managed by FINRA. The proposal seeks to give Nasdaq Regulation the same authority as FINRA to serve complaints and memoranda of authority. This change is intended to enhance efficiency and effectiveness by utilizing Nasdaq’s own resources. After reviewing the proposed changes, the SEC approved the plan, allowing Nasdaq to manage these disciplinary proceedings unless its resources are constrained, in which case FINRA would handle them under Nasdaq's supervision.

    Simple Explanation

    Nasdaq wants to take care of certain rule-breaking situations with its members instead of another group, FINRA, doing it. This would help Nasdaq use its own tools to solve problems more quickly, but if it's ever too hard for them, they could ask FINRA to help out.