Search Results for keywords:"technical updates"

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Search Results: keywords:"technical updates"

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  • 2024-30670 — General Services Administration Acquisition Regulation (GSAR); Update to OMB Approval Table
    Type:Rule
    Citation:89 FR 105474
    Reading Time:about 7 minutes

    The General Services Administration (GSA) has issued a final rule to update and correct the table of approved OMB Control Numbers in the General Services Administration Acquisition Regulation (GSAR) related to information collection. This update involves adding and removing various clauses and updating the OMB Control Numbers for specific parts of the GSAR. The rule does not introduce new regulations but ensures the accuracy of the existing table to reflect current standards. The changes do not require public comment as they are considered technical in nature.

    Simple Explanation

    The General Services Administration (GSA) has made some updates to their rules to make sure a list is correct, like fixing or adding numbers so everything is up-to-date. These changes don't add new rules or need public discussion because they're just fixing details.

  • 2021-00815 — Self-Regulatory Organizations; The Depository Trust Company; Order Approving a Proposed Rule Change To Allow for the Deposit of Electronic Certificates of Deposit and Technical Changes
    Type:Notice
    Citation:86 FR 4151
    Reading Time:about 20 minutes

    The Securities and Exchange Commission (SEC) has approved changes proposed by The Depository Trust Company (DTC) to introduce an electronic system for managing Certificates of Deposit (CDs) issued by banks. This new system allows CDs to be generated, executed, and stored electronically in a secure digital vault, reducing the need for physical certificates and associated operational concerns like transport disruptions. The approved rule aims to improve efficiency by streamlining the process, enhancing legal clarity, and reducing risks associated with physical handling. Additionally, the DTC plans to make technical updates, such as clarifying terminology and updating obsolete system references.

    Simple Explanation

    The SEC has said it's okay for a company that helps keep track of money stuff to use computers instead of paper to handle special savings papers from banks, making it easier and safer. But some people are a bit worried because it's not clear how much it will cost, who will make money from it, and there are some tricky words that people might not understand.