{"description":"Documents matching 'compliance including netting exemptions'","count":970,"total_pages":49,"next_page_url":"https://www.federalregister.gov/api/v1/documents?conditions%5Bterm%5D=compliance+including+netting+exemptions&format=json&page=2","results":[{"title":"Congressional Review Act Revocation of Waste Emissions Charge for Petroleum and Natural Gas Systems: Procedures for Facilitating Compliance, Including Netting and Exemptions","type":"Rule","abstract":"Congress has passed and the President has signed a joint resolution of disapproval under the Congressional Review Act (CRA) of the Environmental Protection Agency's (EPA) final rule titled, \"Waste Emissions Charge for Petroleum and Natural Gas Systems: Procedures for Facilitating Compliance, Including Netting and Exemptions\" (2024 WEC Final Rule). The 2024 WEC Final Rule implemented and facilitated compliance with the requirements of the Waste Emissions Charge in the Clean Air Act's (CAA) Methane Emissions Reduction Program. Under the joint resolution and by operation of the CRA, the 2024 WEC Final Rule now has no legal force or effect. Because the rule has been nullified, the EPA is removing it from the Code of Federal Regulations (CFR). This action is exempt from notice-and-comment rulemaking because it is ministerial in nature.","document_number":"2025-08688","html_url":"https://www.federalregister.gov/documents/2025/05/19/2025-08688/congressional-review-act-revocation-of-waste-emissions-charge-for-petroleum-and-natural-gas-systems","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-05-19/pdf/2025-08688.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-08688.pdf?1747399509","publication_date":"2025-05-19","agencies":[{"raw_name":"ENVIRONMENTAL PROTECTION AGENCY","name":"Environmental Protection Agency","id":145,"url":"https://www.federalregister.gov/agencies/environmental-protection-agency","json_url":"https://www.federalregister.gov/api/v1/agencies/145","parent_id":null,"slug":"environmental-protection-agency"}],"excerpts":"disapproval under the Congressional Review Act (CRA) of the Environmental Protection Agency's (EPA) final rule titled, “Waste Emissions Charge for Petroleum and Natural Gas Systems: Procedures for Facilitating Compliance, Including Netting and Exemptions” (2024 WEC Final Rule). The 2024 WEC Final Rule implemented and facilitated compliance with the requirements of the Waste Emissions Charge in the Clean Air Act's (CAA) Methane Emissions Reduction Program. Under the joint resolution and by operation of the CRA, the 2024 WEC Final Rule now has no legal"},{"title":"Waste Emissions Charge for Petroleum and Natural Gas Systems: Procedures for Facilitating Compliance, Including Netting and Exemptions","type":"Rule","abstract":"The Environmental Protection Agency (EPA) is promulgating a regulation to facilitate compliance with the requirements of the Waste Emissions Charge in the Clean Air Act's (CAA) Methane Emissions Reduction Program (MERP). Enacted as part of the Inflation Reduction Act (IRA), this program requires the EPA to impose and collect an annual charge on methane emissions that exceed waste emissions thresholds specified by Congress.","document_number":"2024-26643","html_url":"https://www.federalregister.gov/documents/2024/11/18/2024-26643/waste-emissions-charge-for-petroleum-and-natural-gas-systems-procedures-for-facilitating-compliance","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-11-18/pdf/2024-26643.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-26643.pdf?1731678322","publication_date":"2024-11-18","agencies":[{"raw_name":"ENVIRONMENTAL PROTECTION AGENCY","name":"Environmental Protection Agency","id":145,"url":"https://www.federalregister.gov/agencies/environmental-protection-agency","json_url":"https://www.federalregister.gov/api/v1/agencies/145","parent_id":null,"slug":"environmental-protection-agency"}],"excerpts":"Facilitating Compliance, Including Netting and Exemptions \n A. Final Definitions To Support WEC Implementation and Associated Revisions to Part 98, Subpart A \n B. Common Ownership or Control for Netting of Emissions \n C. Waste Emissions Thresholds \n D. Exemptions to the Waste Emissions Charge \n III. General Requirements of the Final Rule \n A. WEC Filing Requirements \n B. Remittance and Assessment of WEC \n C. Authorizing the Designated Representative \n D. General Recordkeeping Requirements \n E. General Provisions, Including Auditing and Compliance and Enforcement"},{"title":"Magnuson-Stevens Fishery Conservation and Management Act Provisions; Fisheries of the Northeastern United States; Framework Adjustment 18 to the Summer Flounder, Scup, and Black Sea Bass Fishery Management Plan","type":"Rule","abstract":"NMFS announces the implementation of Framework Adjustment 18 to the Summer Flounder, Scup, and Black Sea Bass Fishery Management Plan (FMP). This framework modifies exemptions to the minimum mesh size requirements in the commercial summer flounder fishery. The purpose of this action is to increase operational flexibility for the commercial fishing industry.","document_number":"2026-08206","html_url":"https://www.federalregister.gov/documents/2026/04/28/2026-08206/magnuson-stevens-fishery-conservation-and-management-act-provisions-fisheries-of-the-northeastern","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-04-28/pdf/2026-08206.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-08206.pdf?1777293911","publication_date":"2026-04-28","agencies":[{"raw_name":"DEPARTMENT OF COMMERCE","name":"Commerce Department","id":54,"url":"https://www.federalregister.gov/agencies/commerce-department","json_url":"https://www.federalregister.gov/api/v1/agencies/54","parent_id":null,"slug":"commerce-department"},{"raw_name":"National Oceanic and Atmospheric Administration","name":"National Oceanic and Atmospheric Administration","id":361,"url":"https://www.federalregister.gov/agencies/national-oceanic-and-atmospheric-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/361","parent_id":54,"slug":"national-oceanic-and-atmospheric-administration"}],"excerpts":"Commercial Mesh Exemption Framework Action). The Summer Flounder Commercial Mesh Exemption Framework Action implements changes to the two existing exemptions from the minimum mesh size requirements in the commercial summer flounder fishery. The goal of this framework is to modernize the exemptions to be consistent with current gear use and fishing practices, providing the industry with better access to the exemptions and greater operational flexibility. These changes are consistent with the original intent of the minimum mesh size exemptions, which is"},{"title":"Extension of Compliance Dates for Standards for Covered Clearing Agencies for U.S. Treasury Securities and Application of the Broker-Dealer Customer Protection Rule With Respect to U.S. Treasury Securities","type":"Rule","abstract":"The Securities and Exchange Commission (\"Commission\" or \"SEC\") is extending the compliance date for the amendments to the rules applicable to covered clearing agencies for U.S. Treasury securities (\"U.S. Treasury securities CCAs\"), which require that such covered clearing agencies have written policies and procedures reasonably designed to require that every direct participant of the covered clearing agency submit for clearance and settlement all eligible secondary market transactions in U.S. Treasury securities to which it is a counterparty and to identify and monitor its direct participants' submission of transactions for clearing, including how the U.S. Treasury securities CCA would address a failure to submit transactions, that were adopted on December 13, 2023. Specifically, the Commission is extending the compliance dates by one year, from December 31, 2025, to December 31, 2026, for eligible cash market transactions, and from June 30, 2026, to June 30, 2027, for eligible repo transactions.","document_number":"2025-03351","html_url":"https://www.federalregister.gov/documents/2025/03/04/2025-03351/extension-of-compliance-dates-for-standards-for-covered-clearing-agencies-for-us-treasury-securities","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-03-04/pdf/2025-03351.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-03351.pdf?1741009507","publication_date":"2025-03-04","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"excerpts":"extending the compliance dates for the Trade Submission Requirement. The Commission agrees that an extension would allow for further engagement on compliance, operational, and interpretive questions, including those highlighted by the Associations related to, among other things, the further development of done-away clearing, standard documentation, onboarding processes, and systems and operations upgrades. In addition, an extension should improve market participants' ability to plan for compliance with the Trade Submission Requirement, including the development"},{"title":"Magnuson-Stevens Fishery Conservation and Management Act Provisions; Fisheries of the Northeastern United States; Framework Adjustment 18 to the Summer Flounder, Scup, and Black Sea Bass Fishery Management Plan","type":"Proposed Rule","abstract":"NMFS proposes regulations to implement Framework Adjustment 18 to the Summer Flounder, Scup, and Black Sea Bass Fishery Management Plan. This framework would modify exemptions to the minimum mesh size requirements in the commercial summer flounder fishery. The purpose of this action is to increase flexibility for the commercial fishing industry.","document_number":"2025-17831","html_url":"https://www.federalregister.gov/documents/2025/09/16/2025-17831/magnuson-stevens-fishery-conservation-and-management-act-provisions-fisheries-of-the-northeastern","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-09-16/pdf/2025-17831.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-17831.pdf?1757940312","publication_date":"2025-09-16","agencies":[{"raw_name":"DEPARTMENT OF COMMERCE","name":"Commerce Department","id":54,"url":"https://www.federalregister.gov/agencies/commerce-department","json_url":"https://www.federalregister.gov/api/v1/agencies/54","parent_id":null,"slug":"commerce-department"},{"raw_name":"National Oceanic and Atmospheric Administration","name":"National Oceanic and Atmospheric Administration","id":361,"url":"https://www.federalregister.gov/agencies/national-oceanic-and-atmospheric-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/361","parent_id":54,"slug":"national-oceanic-and-atmospheric-administration"}],"excerpts":"using otter trawls with mesh below the minimum size. The regulations at § 648.108(b) provide two exemptions from the minimum mesh size requirements: (1) The Small-Mesh Exemption Program (SMEP), which provides exemptions within a defined geographical area from November through April for vessels holding a Letter of Authorization (LOA); and (2) the flynet exemption, which allows exemptions for vessels using a specific net configuration. These two \n \n exemptions were originally implemented in 1993 to allow summer flounder permit holders to retain some bycatch"},{"title":"Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing of Proposed Rule Change To Modify the GSD Rules To Adopt a U.S. Treasury Clearing Trade Submission Requirement","type":"Notice","abstract":null,"document_number":"2026-13827","html_url":"https://www.federalregister.gov/documents/2026/07/09/2026-13827/self-regulatory-organizations-fixed-income-clearing-corporation-notice-of-filing-of-proposed-rule","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-07-09/pdf/2026-13827.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-13827.pdf?1783514708","publication_date":"2026-07-09","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"excerpts":"examine a Netting Member's books and records to fulfill its requirement to identify and monitor Netting Members' compliance with the requirement. \n The proposed rule changes would also adopt disciplinary measures FICC would take if a Netting Member fails to meet its obligations under the new rules, which would include a fine and notifications to applicable regulatory authorities. The fine would be incorporated into the GSD Fine Schedule and would be waived for any Netting Member that self-reports non-compliance and remediates such non-compliance within"},{"title":"Patient Protection and Affordable Care Act, HHS Notice of Benefit and Payment Parameters for 2027; and Basic Health Program","type":"Proposed Rule","abstract":"This proposed rule contains provisions to improve implementation of the Patient Protection and Affordable Care Act, including payment parameters and provisions related to the HHS-operated risk adjustment and risk adjustment data validation (HHS-RADV) programs, as well as 2027 user fee rates for issuers offering qualified health plans (QHPs) through Federally-facilitated Exchanges (FFEs) and State-based Exchanges on the Federal platform (SBE-FPs). This proposed rule also includes provisions related to civil money penalties (CMPs) for noncompliant issuers and other responsible entities; standards governing agents, brokers, and web-brokers; the expansion and codification of hardship exemption eligibility; implementation of the State Exchange Improper Payment Measurement (SEIPM); provider access standards and essential community provider standards for QHP certification; QHP certification of non-network plans; a prohibition on issuers from including routine non-pediatric dental services as an Essential Health Benefit (EHB); cost-sharing flexibilities for catastrophic and individual market bronze plans; establishment of catastrophic plans with plan terms of up to 10 consecutive years; QHP issuer quality improvement strategies (QISs); revisions affecting which enrollees are included in Federal Basic Health Program (BHP) payment calculations to States; and seeks comment on potential adjustments to other Federal standards, including the Federal medical loss ratio (MLR) standard in the individual market. This proposed rule also includes amendments to implement certain provisions of the Working Families Tax Cut (WFTC) legislation.","document_number":"2026-02769","html_url":"https://www.federalregister.gov/documents/2026/02/11/2026-02769/patient-protection-and-affordable-care-act-hhs-notice-of-benefit-and-payment-parameters-for-2027-and","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-02-11/pdf/2026-02769.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-02769.pdf?1770671709","publication_date":"2026-02-11","agencies":[{"raw_name":"DEPARTMENT OF HEALTH AND HUMAN SERVICES","name":"Health and Human Services Department","id":221,"url":"https://www.federalregister.gov/agencies/health-and-human-services-department","json_url":"https://www.federalregister.gov/api/v1/agencies/221","parent_id":null,"slug":"health-and-human-services-department"},{"raw_name":"Centers for Medicare & Medicaid Services","name":"Centers for Medicare & Medicaid Services","id":45,"url":"https://www.federalregister.gov/agencies/centers-for-medicare-medicaid-services","json_url":"https://www.federalregister.gov/api/v1/agencies/45","parent_id":221,"slug":"centers-for-medicare-medicaid-services"},{"raw_name":"Office of the Secretary"}],"excerpts":"choose to process exemptions, or they may delegate exemption processing to HHS. Most State Exchanges currently delegate hardship exemption processing to HHS.\n 121 \n \n HHS published guidance on September 4, 2025, that expanded eligibility for a hardship exemption to individuals ineligible for APTC or CSRs due to projected household income for consumers in FFE States, SBE-FP States, and State Exchange States that delegate their exemption processing to HHS.\n 122 \n \n The proposal to amend § 155.605(d)(1) would expand hardship exemption eligibility to consumers"},{"title":"Patient Protection and Affordable Care Act, HHS Notice of Benefit and Payment Parameters for 2027; and Basic Health Program","type":"Rule","abstract":"This final rule contains provisions to improve implementation of the Patient Protection and Affordable Care Act, including payment parameters and provisions related to the HHS-operated risk adjustment and risk adjustment data validation (HHS-RADV) programs, as well as 2027 user fee rates for issuers offering qualified health plans (QHPs) through Federally-facilitated Exchanges (FFEs) and State-based Exchanges on the Federal platform (SBE-FPs). This final rule also includes provisions related to civil money penalties (CMPs) for noncompliant issuers and other responsible entities; standards governing agents, brokers, and web-brokers; the expansion and codification of hardship exemption eligibility; implementation of the State Exchange Improper Payment Measurement (SEIPM); provider access standards and essential community provider standards for QHP certification; QHP certification of non-network plans; a prohibition on issuers from including routine non-pediatric dental services as an Essential Health Benefit (EHB); requirements related to defrayal for the cost of any State-required benefits in addition to the EHB; cost- sharing flexibilities for catastrophic and individual market bronze plans; establishment of catastrophic plans with plan terms of up to 10 consecutive plan years; QHP issuer quality improvement strategies (QISs); and revisions affecting which enrollees are included in Federal Basic Health Program (BHP) payment calculations to States. This final rule also includes amendments to implement certain provisions of the Working Families Tax Cut (WFTC) legislation.","document_number":"2026-10050","html_url":"https://www.federalregister.gov/documents/2026/05/20/2026-10050/patient-protection-and-affordable-care-act-hhs-notice-of-benefit-and-payment-parameters-for-2027-and","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-05-20/pdf/2026-10050.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-10050.pdf?1779135308","publication_date":"2026-05-20","agencies":[{"raw_name":"DEPARTMENT OF HEALTH AND HUMAN SERVICES","name":"Health and Human Services Department","id":221,"url":"https://www.federalregister.gov/agencies/health-and-human-services-department","json_url":"https://www.federalregister.gov/api/v1/agencies/221","parent_id":null,"slug":"health-and-human-services-department"},{"raw_name":"Centers for Medicare & Medicaid Services","name":"Centers for Medicare & Medicaid Services","id":45,"url":"https://www.federalregister.gov/agencies/centers-for-medicare-medicaid-services","json_url":"https://www.federalregister.gov/api/v1/agencies/45","parent_id":221,"slug":"centers-for-medicare-medicaid-services"},{"raw_name":"Office of the Secretary"}],"excerpts":"who have received a hardship or affordability exemption. Under § 155.605(d), hardship exemptions include circumstances that prevent an individual from obtaining coverage through a QHP. Section 155.605(d)(1) states that the Exchange must grant a hardship exemption to an individual for at least the month before, the month or months during which, and the month after a specific event or circumstance, if the Exchange determines that: (1) the individual experienced financial or domestic circumstances, including an unexpected natural or human-caused event"},{"title":"Paxos Securities Settlement Company, LLC; Order Granting an Application for Temporary Registration as a Clearing Agency Under Section 17A of the Securities Exchange Act of 1934","type":"Notice","abstract":null,"document_number":"2026-10808","html_url":"https://www.federalregister.gov/documents/2026/05/29/2026-10808/paxos-securities-settlement-company-llc-order-granting-an-application-for-temporary-registration-as","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-05-29/pdf/2026-10808.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-10808.pdf?1779972329","publication_date":"2026-05-29","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"excerpts":"“enhanced netting” provided that: (i) each participant included in the enhanced netting is part of a CP Pair with each other participant included in the enhanced netting and (ii) the enhanced netting does not result in an increased settlement or margin obligation to any participant.\n 112 \n \n Where enhanced netting is applied, the resulting settlement obligation of each participant would be in the amount and to the participant(s) determined by the enhanced netting process. PSSC has provided several examples as to how the enhanced netting process would"},{"title":"Notice of Request for Exemptive Relief, Pursuant to Section 36(a) of the Securities Exchange Act of 1934, From Certain Aspects of Rule 17ad-22(e)(18)(iv) of the Securities Exchange Act of 1934 and Request for Comment","type":"Notice","abstract":null,"document_number":"2026-04781","html_url":"https://www.federalregister.gov/documents/2026/03/11/2026-04781/notice-of-request-for-exemptive-relief-pursuant-to-section-36a-of-the-securities-exchange-act-of","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-03-11/pdf/2026-04781.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-04781.pdf?1773146718","publication_date":"2026-03-11","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"excerpts":"paragraph (2) of this subsection, and the rules thereunder) absent reasonable justification or excuse enforce compliance . . . in the case of a registered clearing agency, with its own rules by its participants”).\n \n \n \n \n 12 \n \n See \n IIB Letter, \n supra \n note 5, at 3.\n \n \n \n First, the association states that there exists legal uncertainty regarding whether fundamental requirements to central clearing, such as netting (including close-out netting in a default scenario), are enforceable in all relevant jurisdictions.\n 13 \n \n This legal uncertainty also"},{"title":"Air Plan Approval; OR; Lane County Permitting Rule Revisions","type":"Proposed Rule","abstract":"The Environmental Protection Agency (EPA) proposes to approve the June 26, 2024, submitted revisions to the Oregon State Implementation Plan (SIP) applicable in Lane County, Oregon. The changes update the local stationary source permitting regulations to align with existing State regulations. The revisions eliminate generic plant site emission limits in favor of source-specific and source- category specific limits, update construction notification requirements, clarify the use of modeling and monitoring for compliance assurance, and streamline the permit application process.","document_number":"2025-17055","html_url":"https://www.federalregister.gov/documents/2025/09/05/2025-17055/air-plan-approval-or-lane-county-permitting-rule-revisions","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-09-05/pdf/2025-17055.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-17055.pdf?1756989916","publication_date":"2025-09-05","agencies":[{"raw_name":"ENVIRONMENTAL PROTECTION AGENCY","name":"Environmental Protection Agency","id":145,"url":"https://www.federalregister.gov/agencies/environmental-protection-agency","json_url":"https://www.federalregister.gov/api/v1/agencies/145","parent_id":null,"slug":"environmental-protection-agency"}],"excerpts":"section 42-0046 Netting Basis (procedures for establishing a netting basis when appropriate); \n \n • LRAPA section 42-0048 Baseline Period and Baseline Emission Rate (establishing baseline for criteria pollutants and greenhouse gases for purposes of permitting);\n \n \n • LRAPA section 42-0051 Actual Emissions (determining actual emissions from baseline); \n • LRAPA section 42-0055 Unassigned Emissions (tracking and managing the difference between netting basis and PTE); \n • LRAPA section 42-0080 Plant Site Emission Limit Compliance (requiring specific"},{"title":"Form PF; Reporting Requirements for All Filers","type":"Proposed Rule","abstract":"The Commodity Futures Trading Commission (the \"CFTC\") and the Securities and Exchange Commission (the \"SEC\") (collectively, \"we\" or the \"Commissions\") are proposing to amend Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds, including those that also are registered with the CFTC as a commodity pool operator (a \"CPO\") or a commodity trading advisor (a \"CTA\"). The proposed amendments would eliminate certain filing and reporting obligations, streamline certain requirements, and make corrections and other revisions. The proposed amendments are designed to eliminate certain burdens, among other things.","document_number":"2026-07993","html_url":"https://www.federalregister.gov/documents/2026/04/24/2026-07993/form-pf-reporting-requirements-for-all-filers","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-04-24/pdf/2026-07993.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-07993.pdf?1776948313","publication_date":"2026-04-24","agencies":[{"raw_name":"COMMODITY FUTURES TRADING COMMISSION","name":"Commodity Futures Trading Commission","id":77,"url":"https://www.federalregister.gov/agencies/commodity-futures-trading-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/77","parent_id":null,"slug":"commodity-futures-trading-commission"},{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"excerpts":"definition of “qualifying hedge fund.”\n \n \n \n In 2024, the Commissions comprehensively amended Form PF (the “2024 amendments”), but delayed the compliance date several times, including most recently until October 1, 2026.\n 8 \n \n As a result, advisers have been \n \n allowed to continue to file the version of Form PF in effect before the adoption of the 2024 amendments. The Commissions delayed the compliance date to (1) address certain challenges associated with the reporting cycle timing, (2) provide the industry more time to comply with the 2024 amendments"},{"title":"Counter-UAS Authority for State, Local, Tribal, and Territorial Law Enforcement and Correctional Agencies","type":"Rule","abstract":"In this interim final rule (\"IFR\"), the Department of Justice (\"DOJ\") and the Department of Homeland Security (\"DHS\") (collectively, \"the Departments\") codify the framework for implementing the SAFER SKIES Act, which authorizes State, local, Tribal, and territorial law enforcement or correctional (\"SLTT\") agencies to conduct counter-unmanned aircraft system (\"C-UAS\") operations. This framework governs training and certification (including a two-tiered structure for detection and warning operations and for mitigation operations), authorized technologies, spectrum coordination, airspace approval, real-time air traffic control notification, mitigation reporting, privacy protections, and compliance requirements for SLTT agencies in relation to the exercise of C-UAS authority.","document_number":"2026-13609","html_url":"https://www.federalregister.gov/documents/2026/07/06/2026-13609/counter-uas-authority-for-state-local-tribal-and-territorial-law-enforcement-and-correctional","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-07-06/pdf/2026-13609.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-13609.pdf?1782936911","publication_date":"2026-07-06","agencies":[{"raw_name":"DEPARTMENT OF HOMELAND SECURITY","name":"Homeland Security Department","id":227,"url":"https://www.federalregister.gov/agencies/homeland-security-department","json_url":"https://www.federalregister.gov/api/v1/agencies/227","parent_id":null,"slug":"homeland-security-department"},{"raw_name":"DEPARTMENT OF JUSTICE","name":"Justice Department","id":268,"url":"https://www.federalregister.gov/agencies/justice-department","json_url":"https://www.federalregister.gov/api/v1/agencies/268","parent_id":null,"slug":"justice-department"}],"excerpts":"protections identified in section 124n(e), which include compliance with the First and Fourth Amendments to the Constitution of the United States, data retention limitations, and limits on collecting certain data; and \n (3) comply with Federal oversight, audits, coordination, and compliance requirements, including by the Secretary of Homeland Security and Attorney General, in coordination with the Secretary of Transportation and the Administrator of the FAA, over SLTT agencies' compliance with the privacy protections identified in section 124n(e)"},{"title":"Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing of Proposed Rule Change To Amend and Restate the Second Amended and Restated Cross-Margining Agreement Between FICC and CME and Amend Related GSD Rules","type":"Notice","abstract":null,"document_number":"2025-23885","html_url":"https://www.federalregister.gov/documents/2025/12/29/2025-23885/self-regulatory-organizations-fixed-income-clearing-corporation-notice-of-filing-of-proposed-rule","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-12-29/pdf/2025-23885.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-23885.pdf?1766497520","publication_date":"2025-12-29","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"excerpts":"” A Netting Member that is an Eligible BD-FCM and approved participant in the Customer Cross-Margining Arrangement would be permitted to designate an Indirect Participants Account (other than a Segregated Indirect Participants Account) as a Cross-Margining Customer Account.\n 60 \n \n Any such designation would constitute a representation to FICC by the Netting Member that the Netting Member has complied with all regulatory requirements applicable to it in connection with its participation in the Customer Cross-Margining Arrangement, including the"},{"title":"Revisions to Business Conduct and Swap Documentation Requirements for Swap Dealers and Major Swap Participants","type":"Rule","abstract":"The Commodity Futures Trading Commission (\"CFTC\" or \"Commission\") is adopting a final rule (the \"Final Rule\") amending certain of the Commission's business conduct and documentation requirements applicable to swap dealers and major swap participants. The Final Rule provides exceptions to compliance with such requirements when executing swaps that are intended by the parties to be cleared contemporaneously with execution, or subject to prime broker arrangements that meet certain qualifying conditions, and makes certain other changes discussed herein. The adopted amendments supersede certain no-action positions issued by the Commission's Market Participants Division (\"MPD\"), which the Commission expects MPD to terminate in due course.","document_number":"2025-23953","html_url":"https://www.federalregister.gov/documents/2025/12/30/2025-23953/revisions-to-business-conduct-and-swap-documentation-requirements-for-swap-dealers-and-major-swap","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-12-30/pdf/2025-23953.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-23953.pdf?1767015913","publication_date":"2025-12-30","agencies":[{"raw_name":"COMMODITY FUTURES TRADING COMMISSION","name":"Commodity Futures Trading Commission","id":77,"url":"https://www.federalregister.gov/agencies/commodity-futures-trading-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/77","parent_id":null,"slug":"commodity-futures-trading-commission"}],"excerpts":"the market for ITBC Swaps. The Commission believes these exceptions will benefit such SDs by reducing compliance obligations, and thereby lowering compliance costs, as well as reducing operational costs for SDs because such SDs will no longer have to agree on disclosure methodologies with their ITBC Swap counterparties, nor prepare and maintain the actual written disclosures. Specifically, the Commission believes that its adoption of the compliance exceptions in this Final Rule for swaps meeting the ITBC Swap definition will, without materially disadvantaging"},{"title":"Order Providing Exemptive Relief To Facilitate Cross-Margining of Customer Positions Cleared at Chicago Mercantile Exchange, Inc. and Fixed Income Clearing Corporation","type":"Rule","abstract":"The Commodity Futures Trading Commission (\"CFTC\" or \"Commission\") is issuing an order pursuant to the Commodity Exchange Act (\"CEA\") that provides exemptive relief from the CEA and Commission regulations related to segregation and protection of futures customer funds. The order permits joint clearing members of the Chicago Mercantile Exchange, Inc. (\"CME\") and the Fixed Income Clearing Corporation (\"FICC\") that are dually registered as broker-dealers with the Securities and Exchange Commission (\"SEC\") and futures commission merchants (\"FCMs\") with the Commission (\"BD-FCMs\") to hold futures customer funds in a commingled customer account at FICC.","document_number":"2026-07643","html_url":"https://www.federalregister.gov/documents/2026/04/20/2026-07643/order-providing-exemptive-relief-to-facilitate-cross-margining-of-customer-positions-cleared-at","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-04-20/pdf/2026-07643.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-07643.pdf?1776429916","publication_date":"2026-04-20","agencies":[{"raw_name":"COMMODITY FUTURES TRADING COMMISSION","name":"Commodity Futures Trading Commission","id":77,"url":"https://www.federalregister.gov/agencies/commodity-futures-trading-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/77","parent_id":null,"slug":"commodity-futures-trading-commission"}],"excerpts":"operationally feasible.\n \n \n \n 99 \n ISDA Comment Letter at 2.\n \n \n \n \n 100 \n SEC Press Release, SEC Extends Compliance Dates and Provides Temporary Exemption for Rule Related to Clearing of U.S. Treasury Securities (Feb. 25, 2025), \n https://www.sec.gov/newsroom/press-releases/2025-43-sec-extends-compliance-dates-provides-temporary-exemption-rule-related-clearing-us-treasury. \n \n \n VI. CEA Section 4(c) Determination To Grant Partial and Conditional Exemption From Section 4d of the CEA and Commission Regulations 1.20 and 1.49 \n \n The Commission observes that"},{"title":"Revisions to Business Conduct and Swap Documentation Requirements for Swap Dealers and Major Swap Participants","type":"Proposed Rule","abstract":"The Commodity Futures Trading Commission (\"CFTC\" or \"Commission\") is proposing amendments to certain of the Commission's business conduct and documentation requirements applicable to swap dealers and major swap participants. These amendments would provide exceptions to compliance with such requirements when executing swaps that are: intended by the parties to be cleared contemporaneously with execution; or subject to prime broker arrangements that meet certain qualifying conditions. The proposed amendments would also make certain other changes discussed herein. The proposed amendments, if adopted, would supersede certain no-action positions issued by the Commission's Market Participants Division (\"MPD\").","document_number":"2025-18924","html_url":"https://www.federalregister.gov/documents/2025/09/30/2025-18924/revisions-to-business-conduct-and-swap-documentation-requirements-for-swap-dealers-and-major-swap","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-09-30/pdf/2025-18924.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-18924.pdf?1759149912","publication_date":"2025-09-30","agencies":[{"raw_name":"COMMODITY FUTURES TRADING COMMISSION","name":"Commodity Futures Trading Commission","id":77,"url":"https://www.federalregister.gov/agencies/commodity-futures-trading-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/77","parent_id":null,"slug":"commodity-futures-trading-commission"}],"excerpts":"Staff Letters and may benefit from the compliance exceptions set forth herein.\n \n \n a. Benefits \n \n Compliance with the conditions set forth in the definition of ITBC Swap in proposed § 23.401 \n 182 \n \n would permit SDs to qualify for exceptions to compliance with regulatory requirements set forth in the proposed amendments to §§ 23.402 through 23.451 and § 23.504.\n 183 \n \n The Commission preliminarily believes these exceptions would benefit SDs by reducing compliance obligations, and thereby lowering compliance costs, as well as reducing operational"},{"title":"Proposal To Provide Exemptive Relief To Facilitate Cross-Margining of Customer Positions Cleared at Chicago Mercantile Exchange, Inc. and Fixed Income Clearing Corporation","type":"Proposed Rule","abstract":"The Commodity Futures Trading Commission (\"CFTC\" or \"Commission\") is proposing to issue an order pursuant to the Commodity Exchange Act (\"CEA\") that would provide exemptive relief from the CEA and Commission regulations related to segregation and protection of futures customer funds. The order would permit joint clearing members of the Chicago Mercantile Exchange, Inc. (\"CME\") and the Fixed Income Clearing Corporation (\"FICC\") that are dually registered as broker-dealers with the Securities and Exchange Commission (\"SEC\") and futures commission merchants (\"FCMs\") with the Commission (\"BD-FCMs\") to hold futures customer funds in a commingled customer account at FICC.","document_number":"2025-23150","html_url":"https://www.federalregister.gov/documents/2025/12/17/2025-23150/proposal-to-provide-exemptive-relief-to-facilitate-cross-margining-of-customer-positions-cleared-at","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-12-17/pdf/2025-23150.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-23150.pdf?1765892727","publication_date":"2025-12-17","agencies":[{"raw_name":"COMMODITY FUTURES TRADING COMMISSION","name":"Commodity Futures Trading Commission","id":77,"url":"https://www.federalregister.gov/agencies/commodity-futures-trading-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/77","parent_id":null,"slug":"commodity-futures-trading-commission"}],"excerpts":"entail a materially increased degree of risk to futures customers.\n \n \n \n \n 50 \n “Netting Member” is used herein as defined in FICC's Government Securities Division Rulebook. A Netting Member is a FICC member that is a member of FICC's Comparison System and Netting System.\n \n \n \n \n 51 \n Petition at 14.\n \n \n \n Because the rights of entitlement holders are tied to particular issues of securities (\n e.g., \n CUSIPs) or financial assets (here, pursuant to FICC rules, including cash) rather than particular accounts, it would appear that if there were a shortfall"},{"title":"Self-Regulatory Organizations; Fixed Income Clearing Corporation; Order Approving Proposed Rule Change, as Modified by Partial Amendment No. 1, To Establish a New Collateral-in-Lieu Offering Within the Sponsored GC Service, and Expand the Sponsored GC Service To Allow a Sponsoring Member To Submit for Clearing a “Done-Away” Sponsored GC Trade","type":"Notice","abstract":null,"document_number":"2025-23285","html_url":"https://www.federalregister.gov/documents/2025/12/18/2025-23285/self-regulatory-organizations-fixed-income-clearing-corporation-order-approving-proposed-rule-change","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-12-18/pdf/2025-23285.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-23285.pdf?1765979127","publication_date":"2025-12-18","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"excerpts":"counterparty (“CCP”) and provides real-time trade matching, clearing, risk management and netting for cash purchases and sales and repurchase and reverse repurchase transactions (“repos”) involving U.S. Treasury securities. Market participants that are not direct members of FICC may access FICC's clearing services indirectly through a FICC direct member (\n i.e., \n Netting Member). Through the Sponsored Service, one of FICC's indirect participation offerings, FICC permits Netting Members, approved under the GSD Rules as “Sponsoring Members,” to sponsor certain"},{"title":"Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing of Advance Notice To Raise Prefunded Default Liquidity Through the Commercial Paper Program","type":"Notice","abstract":null,"document_number":"2026-04810","html_url":"https://www.federalregister.gov/documents/2026/03/12/2026-04810/self-regulatory-organizations-fixed-income-clearing-corporation-notice-of-filing-of-advance-notice","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-03-12/pdf/2026-04810.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-04810.pdf?1773233113","publication_date":"2026-03-12","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"excerpts":"in U.S. Treasury securities, including FICC.\n 11 \n \n These amendments require, among other things, that FICC establish objective, risk-based, and publicly disclosed criteria for participation that require GSD Netting Members submit for clearance and settlement all of the eligible secondary market transactions to which they are a counterparty.\n 12 \n \n FICC anticipates significant increases in both the volume of activity submitted to it for clearing at GSD and associated liquidity obligations following the compliance dates for these rules.\n 13 \n "}]}