Proposed Rule 4 Feb 2025 safety standards, regulations, aviation, faa, aircraft, aviation safety, reporting and recordkeeping requirements, gulfstream, aircraft certification

✈️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
Compliance, Financial Reporting, Regulatory Changes 30 Jan 2025 securities, financial reporting, accounting, reporting and recordkeeping requirements, exchange commission, accounting standards, crypto-assets, liability

📊SEC Rescinds Guidance on Crypto-Assets - SAB 122 Insights

This staff accounting bulletin ("SAB") rescinds the interpretive guidance included in Section FF of Topic 5 in the Staff Accounting Bulletin Series entitled Accounting for Obligations to Safeguard Crypto-Assets an Entity Holds for its Platform Users ("Topic 5.FF").

Learn More
Compliance, Regulatory Requirements 30 Jan 2025 compliance, sec, regulation, securities, financial reporting, electronic filing, reporting and recordkeeping requirements, incorporation by reference, edgar

📈SEC Updates EDGAR Filer Manual

The Securities and Exchange Commission ("Commission") is adopting amendments to Volume II of the Electronic Data Gathering, Analysis, and Retrieval system Filer Manual ("EDGAR Filer Manual" or "Filer Manual") and related rules and forms. EDGAR Release 24.4 will be deployed in the EDGAR system on December 16, 2024.

Learn More
Regulatory Changes, Financial Implications 30 Jan 2025 reporting and recordkeeping requirements, natural gas, business regulations, federal energy regulatory commission, compliance costs, electric utilities, filing fees, electric power plants

💰FERC's Annual Filing Fee Update

In accordance with the Commission's regulations, the Commission issues this update of its filing fees. This document provides the yearly update using data in the Commission's Financial System to calculate the new fees. The purpose of updating is to adjust the fees on the basis of the Commission's costs for Fiscal Year 2024.

Learn More
Regulatory Compliance, Financial Services 22 Jan 2025 consumer protection, reporting and recordkeeping requirements, financial compliance, brokers, cftc, commodity futures, swaps, customer funds, investment regulations, derivatives

📈CFTC Final Rule on Customer Funds Investment Regulations

The Commodity Futures Trading Commission ("Commission" or "CFTC") is amending its regulations governing the types of investments that futures commission merchants and derivatives clearing organizations may make with funds held for the benefit of customers engaging in futures, foreign futures, and cleared swaps transactions. The Commission is also revising asset-based and issuer-based concentration limits for the investment of customer funds. The Commission is also specifying market risk capital charges that a futures commission merchant must take on new investments added to the list of permitted investments in computing the firm's adjusted net capital. The amendments also revise regulations that require each futures commission merchant to report to the Commission, and to the firm's designated self-regulatory organization, the name, location, and amount of customer funds held by each depository, including any investments of customer funds held by the depository. Lastly, the Commission is eliminating the requirement that each depository holding customer funds must provide the Commission with read-only electronic access to such accounts for the futures commission merchant to treat the funds as customer segregated funds.

Learn More
Compliance, Financial Regulation 22 Jan 2025 compliance, consumer protection, reporting and recordkeeping requirements, brokers, commodity futures, swaps, margins, cash management, customer protection, futures commission merchants

📉New Margin Requirements for Futures Commission Merchants Effective March 2025

The Commodity Futures Trading Commission (Commission or CFTC) is amending its regulations, adopted under the Commodity Exchange Act (CEA), to require a futures commission merchant (FCM) to ensure a customer does not withdraw funds from its account with the FCM if the balance in the account after the withdrawal would be insufficient to meet the customer's initial margin requirements; and relatedly, to permit an FCM, subject to certain requirements, to treat the separate accounts of a single customer as accounts of separate entities for purposes of certain Commission regulations.

Learn More
Compliance, Regulatory Changes 22 Jan 2025 environmental regulation, environmental protection, epa, reporting and recordkeeping requirements, incorporation by reference, air pollution control, chemical manufacturing, hazardous substances, emissions standards, ethylene oxide

🌎Proposed EPA Regulations on Ethylene Oxide Emissions Standards

The Environmental Protection Agency (EPA) is proposing to establish a new area source category to address chemical manufacturing process units (CMPUs) using ethylene oxide (EtO). The EPA is proposing to list EtO in table 1 to the National Emission Standards for Hazardous Air Pollutants (NESHAP) for Chemical Manufacturing Area Sources (referred to as the CMAS NESHAP in this document) and to add EtO- specific requirements to the CMAS NESHAP. The EPA is also proposing to add a fenceline monitoring program for EtO. In addition, the EPA is proposing new requirements for pressure vessels and pressure relief devices (PRDs). This proposal also presents the results of the EPA's technology review of the CMAS NESHAP as required under the Clean Air Act (CAA). As part of this technology review, the EPA is proposing to add new leak detection and repair (LDAR) requirements to the CMAS NESHAP for equipment leaks in organic HAP service and heat exchange systems. The EPA is also proposing performance testing once every 5 years and to add provisions for electronic reporting. We estimate that the proposed amendments to the CMAS NESHAP, excluding the proposed EtO emission standards, would reduce hazardous air pollutant (HAP) emissions from emission sources by approximately 158 tons per year (tpy). Additionally, the proposed EtO emission standards are expected to reduce EtO emissions by approximately 4.6 tpy.

Learn More
Compliance, Trade Regulations 21 Jan 2025 imports, administrative practice and procedure, reporting and recordkeeping requirements, business compliance, trade regulations, tariffs, freight, exports, trade agreements, bonds, low-value shipments, customs

📦New Rules on Low-Value Shipments Affecting Trade Compliance

This document proposes amendments to the U.S. Customs and Border Protection (CBP) regulations pertaining to the administrative exemption for certain low-value shipments not exceeding $800. Specifically, CBP proposes to make merchandise that is subject to specified trade or national security actions ineligible for this administrative exemption and to require that certain shipments claiming this exemption provide the 10-digit Harmonized Tariff Schedule of the United States (HTSUS) classification of the merchandise.

Learn More
Regulatory Compliance, Environmental Standards 21 Jan 2025 compliance, regulations, environmental protection, environmental, reporting and recordkeeping requirements, incorporation by reference, intergovernmental relations, ozone, air pollution control, volatile organic compounds, business impact, california, nitrogen oxides

🌿EPA Approves Extreme Ozone Attainment Plan for California

The Environmental Protection Agency (EPA) is taking final action to approve elements of a state implementation plan (SIP) submittal from the State of California to meet Clean Air Act (CAA) "Extreme" nonattainment area requirements for the 1997 8-hour ozone national ambient air quality standards (NAAQS) in the Riverside Co. (Coachella Valley), CA nonattainment area ("Coachella Valley"). We are specifically approving the reasonable further progress (RFP) demonstration and the vehicle miles traveled demonstration.

Learn More
Compliance, Grant Opportunities 21 Jan 2025 compliance, endangered species, conservation, transportation, imports, wildlife, reporting and recordkeeping requirements, business impact, exports, endangered and threatened species, plants, regulatory updates

🌱Proposed Rule for Endangered Status of Big Red Sage نبات

We, the U.S. Fish and Wildlife Service (Service), propose to list the big red sage (Salvia pentstemonoides), a plant species from central Texas, as an endangered species under the Endangered Species Act of 1973, as amended (Act). This determination also serves as our 12-month finding on a petition to list the big red sage. After a review of the best available scientific and commercial information, we find that listing the species is warranted. If we finalize this rule as proposed, it would add this species to the List of Endangered and Threatened Plants and extend the Act's protections to the species. We have determined that designating critical habitat for the big red sage is not prudent.

Learn More