📈SEC Notice on RBB Fund Trust and Tweedy Browne LLC Application
The SEC has issued a notice regarding an application from The RBB Fund Trust and Tweedy, Browne Company LLC for an exemption under the Investment Company Act of 1940. The exemption seeks to ease the process for amending subadvisory agreements without needing shareholder approval and reduce certain disclosure obligations.
Learn More✈️New FAA Airworthiness Directive for Airbus SAS Oxygen Generators
The FAA is adopting a new airworthiness directive (AD) for all Airbus SAS Model A300 B4-601, B4-603, B4-620, B4-622, B4-605R, B4-622R, C4-605R Variant F, F4-605R, and F4-622R airplanes; Model A310 series airplanes; Model A318, A319, A320, and A321 series airplanes; Model A330-200, -200 Freighter, and -300 series airplanes; Model A330-841 and -941 airplanes; and Model A340-211, -212, -213, -311, -312, -313, -541, and -642 airplanes. This AD was prompted by chemical oxygen generators that failed to activate in service and during maintenance activities. This AD requires replacing affected oxygen generators and prohibits the installation of affected parts, as specified in a European Union Aviation Safety Agency (EASA) AD, which is incorporated by reference. The FAA is issuing this AD to address the unsafe condition on these products.
Learn More✈️New Airworthiness Directive for Airbus Airplanes
The FAA is adopting a new airworthiness directive (AD) for certain Airbus SAS Model A319-111, -112, -113, -114, -115, -131, -132, and -133 airplanes; Model A320-211, -212, -214, -216, -231, -232, and - 233 airplanes; and Model A321-111, -112, -131, -211, -212, -213, -231, and -232 airplanes. This AD was prompted by a full-scale fatigue test that found cracks on the main landing gear (MLG) bay rear skin panel at the stringer run-out at Frame 46 and Stringer 32 on the left-hand and right-hand sides. This AD requires repetitive special detailed inspections (SDIs) of the affected area for cracking and applicable corrective actions, as specified in a European Union Aviation Safety Agency (EASA) AD, which is incorporated by reference. The FAA is issuing this AD to address the unsafe condition on these products.
Learn More📊SEC Seeks Feedback for Small Business Capital Formation Initiative
The SEC's Office of the Advocate for Small Business Capital Formation is soliciting feedback to enhance its outreach and support for small businesses. This effort focuses on demographic data, challenges faced by businesses, and improving communication materials to better serve the small business ecosystem.
Learn More✈️FAA Withdraws Proposed Rule on Boeing Airworthiness Directives
The FAA is withdrawing a notice of proposed rulemaking (NPRM) that proposed to supersede Airworthiness Directive (AD) 2023-08-04, which applies to certain The Boeing Company Model 787-8, 787-9, and 787-10 airplanes. The NPRM was prompted by reports of a loss of water pressure during flight and water leaks that affected multiple pieces of electronic equipment, and by the discovery that some clamshell couplings did not have the required safety strap. The NPRM would have required inspecting all door 1 and door 3 lavatory and galley potable water systems for missing or incorrectly installed clamshell couplings, inspecting all clamshell couplings for the presence and correct installation of safety straps at door 1 and door 3 lavatories and galleys with a potable water system, and performing applicable on- condition actions. The NPRM would have also prohibited the installation of affected parts at inspection locations and removed Model 787-10 airplanes from the applicability. Since issuance of the NPRM, the FAA has determined that the identified service information may not adequately address the unsafe condition on one of the galleys, and Model 787-10 airplanes should be included in the applicability. Accordingly, the NPRM is withdrawn.
Learn More✈️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.
Learn More✈️Proposed Special Conditions for Gulfstream GVII-G400 Aircraft
This action proposes special conditions for the Gulfstream Aerospace Corporation (Gulfstream) Model GVII-G400 airplane. This airplane will have a novel or unusual design feature when compared to the state of technology envisioned in the airworthiness standards for transport-category airplanes. This design feature is a high-speed protection system. The applicable airworthiness regulations do not contain adequate or appropriate safety standards for this design feature. These special conditions contain the additional safety standards that the Administrator considers necessary to establish a level of safety equivalent to that established by the existing airworthiness standards.
Learn More✈️Amendment of VOR Federal Airways and Establishment of RNAV Routes
This action amends Very High Frequency Omnidirectional Range (VOR) Federal Airways V-9, V-78, V-341, and V-430, and Canadian Area Navigation (RNAV) Route T-765; and establishes United States (U.S.) RNAV Route T-490. The FAA is taking this action due to the planned decommissioning of the VOR portion of the Iron Mountain, MI (IMT), VOR/ Distance Measuring Equipment (VOR/DME) navigational aid (NAVAID). The Iron Mountain VOR is being decommissioned in support of the FAA's VOR Minimum Operational Network (MON) program.
Learn More⚔️Executive Order 14185
Executive Order 14185 mandates the elimination of Diversity, Equity, and Inclusion offices within the U.S. Armed Forces, emphasizing a shift towards merit-based practices in hiring and promotion. The order seeks to ensure that military operations remain free from race- or sex-based preferences, advocating for traditional values and cohesive unit morale. An internal review of DEI initiatives is also required within the Department of Defense.
Learn More💊USSC Seeks Comment on Fentanyl Sentencing Guidelines Changes
The United States Sentencing Commission intends to address certain issues relating to offenses involving fentanyl, fentanyl analogues, and other opioids. As part of its statutory authority and responsibility to analyze sentencing issues, including operation of the federal sentencing guidelines, the Commission is publishing these issues for comment to inform the Commission's consideration of the issues related to this topic. The issues for comment are set forth in the Supplementary Information portion of this notice.
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