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🛒Proposed Deletions from Procurement List

The Committee is proposing to delete product(s) and service(s) from the Procurement List that were furnished by nonprofit agencies employing persons who are blind or have other severe disabilities.

✈️FAA Airworthiness Directive for Boeing

The FAA is superseding Airworthiness Directive (AD) 2021-09- 06, which applied to all The Boeing Company Model 737-600, -700, -700C, -800, -900, and -900ER series airplanes. AD 2021-09-06 required repetitive inspections for cracking of the left- and right-hand outboard chords of certain frame fittings and failsafe straps at a certain station around eight fasteners, and repair if any cracking is found. This AD was prompted by additional reports of cracking in the area and a subsequent determination that additional inspections are needed to address the unsafe condition. This AD requires repetitive detailed and ultrasonic inspections for cracking of the left- and right-hand sides of certain frame fittings and failsafe straps, and repair if any cracking is found. The FAA is issuing this AD to address the unsafe condition on these products.

💰Proposed Fee Changes by OCC

The Options Clearing Corporation has filed a proposed rule change with the Securities and Exchange Commission to update its schedule of clearing fees. This includes an increase in the per contract clearing fee and the removal of a flat transaction fee, aimed at addressing anticipated cash flow needs based on various financial forecasts. The notice invites public comments regarding these changes.

🚁FAA Airworthiness Directive on Airbus Helicopters 2025-03-01

The FAA is superseding Airworthiness Directive (AD) 2021-04- 18, which applied to Airbus Helicopters Model EC225LP helicopters. AD 2021-04-18 required repetitively inspecting the bearing in the swashplate assembly of certain main rotor (M/R) mast assemblies and, depending on the findings, replacing the M/R mast assembly. AD 2021-04- 18 also prohibited installing those M/R mast assemblies unless certain requirements were met. Since the FAA issued AD 2021-04-18, it was determined that additional M/R mast assemblies are affected by the same unsafe condition and that it is necessary to distinguish the affected part numbers between M/R mast assemblies and mast swashplate assemblies. This AD continues to require the actions specified in AD 2021-04-18 and adds additional part-numbered M/R mast assemblies and distinguishes the affected part numbers between M/R mast assemblies and mast swashplate assemblies, as specified in a European Union Aviation Safety Agency (EASA) AD, which is incorporated by reference. This AD also clarifies the possible consequences that could result from the unsafe condition and clarifies a requirement. The FAA is issuing this AD to address the unsafe condition on these products.

✈️FAA Issues Airworthiness Directive for Bombardier Airplanes

The FAA is superseding Airworthiness Directive (AD) 2021-10- 02, which applied to all Bombardier, Inc., Model BD-700-1A10 and BD- 700-1A11 airplanes. AD 2021-10-02 required repetitive general visual inspections of the left- and right-hand elevator torque tube bearings for any sand, dust, or corrosion; repetitive functional tests of the elevator control system; and replacement of the elevator torque tube bearings if necessary. This AD continues to require certain actions in AD 2021-10-02 and requires revising the existing maintenance or inspection program, as applicable, to incorporate a new airworthiness limitation. This AD was prompted by a determination that a new airworthiness limitation is necessary. The FAA is issuing this AD to address the unsafe condition on these products.

💼Proposed PBGC Rule on Premium Rates and Reporting Changes

The Pension Benefit Guaranty Corporation (PBGC) proposes miscellaneous technical corrections, clarifications, and improvements to its regulations, including its regulations on premium rates, premium due dates, and termination of single-employer plans. These changes are a result of PBGC's ongoing retrospective review of the effectiveness and clarity of its rules and of statutory changes.

🚫OFAC Sanctions Action Impacting Business Compliance – January 2025

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the name of one entity that has been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of this entity are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.

💼IRS Notice on Comments for Revenue Procedure 2003-33 Impacting Businesses

The Internal Revenue Service (IRS), as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning, Section 9100 Relief for 338 Elections.

🏛️DOJ Notice

⚓New Cybersecurity Regulations for U.S.-Flagged Vessels and Facilities

The Coast Guard is updating its maritime security regulations by establishing minimum cybersecurity requirements for U.S.-flagged vessels, Outer Continental Shelf facilities, and facilities subject to the Maritime Transportation Security Act of 2002 regulations. This final rule addresses current and emerging cybersecurity threats in the marine transportation system by adding minimum cybersecurity requirements to help detect risks and respond to and recover from cybersecurity incidents. These include requirements to develop and maintain a Cybersecurity Plan, designate a Cybersecurity Officer, and take various measures to maintain cybersecurity within the marine transportation system. The Coast Guard is also seeking comments on a potential delay for the implementation periods for U.S.-flagged vessels.