Federal Regulatory Agencies
Here's a look at documents from federal regulatory agencies
Featured Stories
SEC Obtains Final Judgment as to New Jersey Man for Alleged Investor Fraud and Misappropriation
WASHINGTON, May 16 -- The Securities and Exchange Commission issued the following litigation release (No. 1-21-cv-12880; D.N.J. filed June 23, 2021) involving a New Jersey man for alleged investor fraud and misappropriation:
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On May 8, 2026, the United States District Court for the District of New Jersey entered a final judgment as to Joseph Geromini of Somers Point, New Jersey, in the SEC's civil enforcement action against him.
The SEC's complaint alleged that between August 2018 and May 2019, Geromini, who at the time was the Chief Operating Officer of an early-stage medical devices company
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WASHINGTON, May 16 -- The Securities and Exchange Commission issued the following litigation release (No. 1-21-cv-12880; D.N.J. filed June 23, 2021) involving a New Jersey man for alleged investor fraud and misappropriation:
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On May 8, 2026, the United States District Court for the District of New Jersey entered a final judgment as to Joseph Geromini of Somers Point, New Jersey, in the SEC's civil enforcement action against him.
The SEC's complaint alleged that between August 2018 and May 2019, Geromini, who at the time was the Chief Operating Officer of an early-stage medical devices companybased in Philadelphia, Pennsylvania, lied to and stole more than $200,000 from investors and used the funds for personal expenses. According to the complaint, Geromini disseminated false and misleading offering documents and financial models to investors that failed to account for his ongoing theft of investor proceeds. In addition, Geromini allegedly made materially false and misleading statements to investors about the company's cash burn rate and use of proceeds.
Previously, without admitting or denying the allegations in the SEC's complaint, Geromini consented to a judgment, entered by the Court on July 1, 2021, which permanently enjoined him from violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder and prohibited him from acting as an officer or director of a publicly-traded company. The final judgment includes the previously-ordered injunctive relief and orders Geromini liable for disgorgement of $98,083, payment of which is deemed satisfied by the order of restitution entered against him in the parallel criminal case, United States v. Geromini, No. 1:21-cr-0048 (D.N.J.).
Geromini pled guilty in the parallel criminal case, and, on June 10, 2025, was sentenced to six months in prison, six months of home confinement and 3 years of supervised release and ordered to pay $98,083 in restitution.
The SEC's litigation in this matter has concluded. The SEC's investigation was conducted by Brian R. Higgins and Oreste P. McClung and was supervised by Brendan McGlynn, Scott A. Thompson in the SEC's Philadelphia Regional Office. The litigation was led by Kara F. Sweet and supervised by Gregory R. Bockin.
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Resources
* Final Judgment (https://www.sec.gov/files/litigation/litreleases/2026/judg26555.pdf)
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Original text here: https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26555
NRC Reviews Indiana's Bid to Become 41st Agreement State
WASHINGTON, May 16 -- The Nuclear Regulatory Commission issued the following news release:
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NRC Reviews Indiana's Bid to Become 41st Agreement State
Rockville, Md. -- The Nuclear Regulatory Commission is reviewing Indiana's request to assume regulatory authority over certain radioactive materials used in medicine, industry and research, a step that would make Indiana the 41st state to join the NRC Agreement State Program.
If approved, Indiana would take responsibility for licensing, inspection and enforcement for approximately 200 users of radioactive materials, including hospitals, universities
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WASHINGTON, May 16 -- The Nuclear Regulatory Commission issued the following news release:
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NRC Reviews Indiana's Bid to Become 41st Agreement State
Rockville, Md. -- The Nuclear Regulatory Commission is reviewing Indiana's request to assume regulatory authority over certain radioactive materials used in medicine, industry and research, a step that would make Indiana the 41st state to join the NRC Agreement State Program.
If approved, Indiana would take responsibility for licensing, inspection and enforcement for approximately 200 users of radioactive materials, including hospitals, universitiesand industrial facilities. The NRC would retain authority over about 20 licenses, as well as federal agencies and specific materials as required by law.
"This agreement would allow Indiana to take on a greater role in regulating radioactive materials while maintaining the strong safety and security standards the public expects," NRC Chairman Ho K. Nieh said.
Agreement States regulate the use of radioactive materials under NRC oversight, allowing states to implement programs that meet federal requirements while addressing local needs.
Before approving the request, the NRC must determine that Indiana's program is adequate to protect public health and safety and compatible with federal regulations.
The NRC has published the proposed agreement and its draft assessment of Indiana's program in the Federal Register and is seeking public comment through June 15 under Docket ID NRC-2026-1387.
More information, including the proposed agreement and supporting documents, is available on the NRC website (https://www.nrc.gov/agreement-states/indiana/indiana-agreement-application-process).
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The U.S. Nuclear Regulatory Commission was created as an expert, technical agency to protect public health, safety, and security, and regulate the civilian use of nuclear materials, including enabling the deployment of nuclear power for the benefit of society. Among other responsibilities, the agency issues licenses, conducts inspections, initiates and enforces regulations, and plans for incident response. The global gold standard for nuclear regulation, the NRC is collaborating with interagency partners to implement reforms outlined in new Executive Orders and the ADVANCE Act to streamline agency activities and enhance efficiency.
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Original text here: https://www.nrc.gov/sites/default/files/cdn/doc-collection-news/2026/26-053.pdf
FEC Issues Digest for Week of May 11-15, 2026
WASHINGTON, May 16 -- The Federal Election Commission issued the following weekly digest:
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Commission meetings and hearings
No open meetings or executive sessions were scheduled this week.
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Litigation
Bernegger v. FEC (Case No. 26-106) On April 29, the Clerk of Court of the U.S. District Court for the District of Columbia entered Default against the Commission. On May 5, Plaintiff filed a Motion for Default Judgment Against Defendant Federal Election Commission and a Declaration in Support of Plaintiff's Motion for Default Judgment.
Lewicki, et al. v. FEC (Case No. 24-2505) On
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WASHINGTON, May 16 -- The Federal Election Commission issued the following weekly digest:
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Commission meetings and hearings
No open meetings or executive sessions were scheduled this week.
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Litigation
Bernegger v. FEC (Case No. 26-106) On April 29, the Clerk of Court of the U.S. District Court for the District of Columbia entered Default against the Commission. On May 5, Plaintiff filed a Motion for Default Judgment Against Defendant Federal Election Commission and a Declaration in Support of Plaintiff's Motion for Default Judgment.
Lewicki, et al. v. FEC (Case No. 24-2505) OnMay 12, Plaintiffs filed a Motion for Partial Summary Judgment in the U.S. District Court for the District of Columbia.
SMP v. FEC (Case No. 26-336) On May 11, Plaintiff filed an Opposition to NRSC's Motion to Dismiss in the U.S. District Court for the District of Columbia.
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Outreach
On May 13, Chair Shana M. Broussard participated virtually in the Practising Law Institute's Studio Briefings.
On May 13, Commissioner Dara Lindenbaum spoke to students at the Dartmouth Political Union and the Rockefeller Center for Public Policy at Dartmouth College in New Hampshire.
On May 12-13, the Commission hosted a webinar for membership and labor organizations and their PACs.
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Reports Due in 2026
The Commission has posted the 2026 Congressional Pre-Election Reporting Dates. Reporting schedules for all filers in 2026 are also available.
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Election Dates
The Commission has posted a list of 2026 Congressional Primary Dates.
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Public Disclosure
On April 30, the Office of the Inspector General released its report on the Federal Election Commission's Compliance with Improper Payments Reporting for Fiscal Year 2025.
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Upcoming educational opportunities
June 2-3, 2026: The Commission is scheduled to host a webinar for trade associations and their PACs.
June 17, 2026: The Commission is scheduled to host an Advanced FECFile for Candidate Committees webinar.
June 24, 2026: The Commission is scheduled to host reporting and FECFile webinars for candidate committees.
For more information on upcoming training opportunities, see the Commission's Trainings page.
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Upcoming reporting due dates
May 20: May Monthly Reports are due. For more information, see the 2026 Monthly Reporting schedule.
The Commission has posted information regarding Louisiana's suspension of its primary elections for the U.S. House of Representatives, originally scheduled for May 16, 2026. The Governor's order postpones those elections until July 15, 2026, or until a time designated by the Louisiana Legislature. The Commission will provide additional guidance to committees and filers as it is available regarding Pre-Primary filing deadlines in connection with these elections.
The Commission has posted filing information regarding the California 1st District Special General Election, scheduled for June 2, 2026, and Special Runoff Election (if necessary), scheduled for August 4, 2026.
The Commission has posted filing information regarding the California 14th District Special General Election, scheduled for June 16, 2026, and Special Runoff Election (if necessary), scheduled for August 18, 2026.
The Commission has posted filing information regarding the Georgia 13th District Special General Election, scheduled for July 28, 2026, and Special Runoff Election (if necessary), scheduled for August 25, 2026.
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Additional research materials
Contribution Limits: In addition to the current limits, the Commission has posted an archive of contribution limits that were in effect going back to the 1975-1976 election cycles.
Federal election results are available. The data was compiled from the official vote totals published by state election offices.
FEC Notify: Want to be notified by email when campaign finance reports are received by the agency? Sign up here.
The Combined Federal State Disclosure and Election Directory is available. This publication identifies the federal and state agencies responsible for the disclosure of campaign finances, lobbying, personal finances, public financing, candidates on the ballot, election results, spending on state initiatives, and other financial filings.
The Presidential Election Campaign Fund Tax Checkoff Chart provides information on balance of the Fund, monthly deposits into the Fund reported by the Department of the Treasury, payments from the Fund as certified by the FEC, and participation rates of taxpayers as reported by the Internal Revenue Service. For more information on the Presidential Public Funding Program, see the Public Funding of Presidential Elections page.
The FEC Record is available as a continuously updated online news source.
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Original text here: https://www.fec.gov/updates/week-of-may-11-15-2026/
FCC Wireline Competition Bureau Issues Public Notice Reminding Competitive Local Exchange Carriers to File Revised Tariffs by July 16, 2026
WASHINGTON, May 16 -- The Federal Communications Commission's Wireline Competition Bureau issued the following public notice (WC Docket No. 26-50):
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By this Public Notice, the Wireline Competition Bureau (Bureau) reminds competitive local exchange carriers (LECs) benchmarking their tariffed rates to competing incumbent LECs to file interstate tariff revisions, as necessary, by July 16, 2026./1
Competitive LECs are prohibited from filing a tariffed rate for interstate switched exchange access services that is higher than "the benchmark rate"--"the rate charged for similar services by the
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WASHINGTON, May 16 -- The Federal Communications Commission's Wireline Competition Bureau issued the following public notice (WC Docket No. 26-50):
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By this Public Notice, the Wireline Competition Bureau (Bureau) reminds competitive local exchange carriers (LECs) benchmarking their tariffed rates to competing incumbent LECs to file interstate tariff revisions, as necessary, by July 16, 2026./1
Competitive LECs are prohibited from filing a tariffed rate for interstate switched exchange access services that is higher than "the benchmark rate"--"the rate charged for similar services by thecompeting [incumbent LEC]."/2
If an incumbent LEC to which a competitive LEC benchmarks its rates, lowers its rates, the competitive LEC "must revise its rates to the lower level within 15 days of the effective date of the lowered [incumbent LEC] rate."/3 This year, incumbent LEC's rate reductions, which must be filed on 7-days' notice, will be effective on July 1, 2026./4
Accordingly, competitive LECs must file tariff revisions in the Electronic Tariff Filing System (ETFS), as necessary, reducing their applicable benchmarked rates on or before July 16, 2026 by 7:00 p.m. Eastern Time./5
To minimize burdens on filers and to promote administrative efficiency, we encourage competitive LECs benchmarking rates to competing incumbent LECs' rates, to file their tariff revisions after the competing incumbent LECs' benchmarked rates become effective on July 1, 2026.
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Footnotes:
1/ See 47 CFR Sec. 61.26(c) ("If an [incumbent LEC] to which a [competitive LEC] benchmarks its rates . . . lowers the rate to which a [competitive LEC] benchmarks, the [competitive LEC] must revise its rates to the lower level within 15 days of the effective date of the lowered [incumbent LEC] rate.").
2/ Id.
3/ Id.
4/ July 1, 2026 Annual Access Charge Tariff Filings, WC Docket No. 26-50, Order, DA 26-254 (WCB/PPD rel. Mar. 25, 2026) (Procedures Order).
5/ See 47 CFR Sec. 61.26(c); Procedures Order at 3, para. 5.
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Original text here: https://docs.fcc.gov/public/attachments/DA-26-475A1.pdf
FCC Public Safety & Homeland Security Bureau Issues Public Notice: Conditional Approval & Exemption of Certain Uncrewed Aircraft Systems, Routers From FCC Covered List
WASHINGTON, May 16 -- The Federal Communications Commission Public Safety and Homeland Security Bureau issued the following public notice (WC Docket No. 18-89; ET Docket No. 21-232; EA Docket No. 21-233):
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The Federal Communications Commission's (FCC or Commission) Public Safety and Homeland Security Bureau (PSHSB or Bureau) maintains a list of equipment and services (Covered List) that have been determined to "pose an unacceptable risk to the national security of the United States or the security and safety of United States persons."/1 Pursuant to section 2 of the Secure and Trusted Communications
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WASHINGTON, May 16 -- The Federal Communications Commission Public Safety and Homeland Security Bureau issued the following public notice (WC Docket No. 18-89; ET Docket No. 21-232; EA Docket No. 21-233):
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The Federal Communications Commission's (FCC or Commission) Public Safety and Homeland Security Bureau (PSHSB or Bureau) maintains a list of equipment and services (Covered List) that have been determined to "pose an unacceptable risk to the national security of the United States or the security and safety of United States persons."/1 Pursuant to section 2 of the Secure and Trusted CommunicationsNetworks Act of 2019 (Secure Networks Act)/2 and sections 1.50002(a) and 1.50003 of the Commission's rules,/3 PSHSB announces that the Department of War (DoW) has granted Conditional Approvals for certain uncrewed aircraft systems (UAS) and routers. Therefore, such devices are exempt from the Covered List.
Recent Additions to the Covered List:
UAS and UAS Critical Components. On December 22, 2025, PSHSB issued a Public Notice adding all UAS and UAS critical components produced in a foreign country to the Covered List./4 This action was based on a National Security Determination from an Executive Branch interagency body, including several appropriate national security agencies, determining (among other things) that UAS and UAS critical components produced in a foreign country pose an unacceptable risk to the national security of the United States and to the safety and security of U.S. persons. In that Public Notice, we stated, "[i]f we receive a further specific determination from the Department of War or the Department of Homeland Security that a given UAS, class of UAS, or UAS critical component does not pose unacceptable risks, we will further update the Covered List."/5
In January 2026, we updated the Covered List to reflect DoW's determinations that, until January 1, 2027, UAS and UAS critical components included on DoW's Blue UAS Cleared List and UAS and UAS critical components that qualify as "domestic end products" under the Buy American Standard do not pose an unacceptable risk to the national security of the United States and to the safety and security of U.S. persons./6 In March 2026, we updated the Covered List to reflect the first Conditional Approvals that the FCC received from the DoW, exempting specific UAS and UAS critical components "which have been granted a Conditional Approval by DoW or DHS" from the Covered List./7
Routers. On March 23, 2026, the Commission added to the Covered List "routers produced in a foreign country, except routers which have been granted a Conditional Approval by DoW or DHS."/8 This addition was based on a National Security Determination from an Executive Branch interagency body, including several appropriate national security agencies, determining (among other things) that routers produced in a foreign country pose an unacceptable risk to the national security of the United States and to the safety and security of U.S. persons./9
Conditional Approvals:
The Executive Branch interagency body established a process by which entities producing UAS and UAS critical components and routers in foreign countries can request DoW or the Department of Homeland Security to evaluate whether such devices do not pose unacceptable risks to national security and receive Conditional Approvals that would exempt such devices from the Covered List. The Commission has updated the Covered List to reflect the Conditional Approvals that we have received from the DoW exempting certain UAS and UAS critical components and routers from the Covered List./10
DoW has reviewed submissions and granted Conditional Approvals for the following devices:
* Elevon Aerial, LLC, doing business as Elevon Aerial AG, Z30, Z50, and Z80 Uncrewed Aircraft Systems (terminating December 31, 2026)
* Nokia Corporation's wireless-fidelity 8 router (terminating October 31, 2027)
The Covered List:
We find that each of the Conditional Approvals constitutes "a specific determination" by DoW that such devices do not pose risks to U.S. national security./11 Therefore, we conclude that PSHSB is required to update the Covered List to exclude the equipment identified in these Conditional Approvals.
PSHSB takes this action under its authority and obligation to publish and maintain the Covered List. Sections 1.50002(a) and 1.50003 of the Commission's rules require PSHSB to publish the Covered List on the Commission's website, to maintain and update the Covered List, and to monitor the status of determinations./12
The Covered List and the list of devices that have received Conditional Approvals are attached as Appendices A and B to this Public Notice and can also be found on the Bureau's website at https://www.fcc.gov/supplychain/coveredlist./13
We note the continued availability of FCC staff guidance pursuant to sections 0.191 and 0.31(i) of the Commission's rules. Commission staff will provide guidance to TCBs, test labs, and equipment authorization applicants on the impact of these updates.
For further information, please contact .
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Footnotes:
1/ Secure and Trusted Communications Networks Act of 2019, Pub. L. No. 116-124, 133 Stat. 158 (2020) (codified as amended at 47 U.S.C. Sec.Sec. 1601-1609) (Secure Networks Act); 47 CFR Sec.Sec. 1.50002, 1.50003. For the current version of the Covered List, see Federal Communications Commission, List of Equipment and Services Covered By Section 2 of The Secure Networks Act, https://www.fcc.gov/supplychain/coveredlist (last updated Apr. 14, 2026).
2/ 47 U.S.C. Sec. 1601.
3/ 47 CFR Sec.Sec. 1.50002(a), 1.50003; see also Protecting Against National Security Threats to the Communications Supply Chain Through FCC Programs, WC Docket No. 18-89, Second Report and Order, 35 FCC Rcd 14284 (2020) (Supply Chain Second Report and Order).
4/ Public Safety and Homeland Security Bureau Announces Addition of Uncrewed Aircraft Systems (UAS) and UAS Critical Components Produced Abroad, and Equipment and Services Listed in Section 1709 of the FY2025 NDAA, to FCC Covered List, WC Docket 18-89, Public Notice, DA 25-1086 (Dec 22, 2025) (UAS Public Notice).
5/ UAS Public Notice at 3.
6/ Public Safety and Homeland Security Bureau Announces Exemption of Certain Uncrewed Aircraft Systems (UAS) and UAS Critical Components from FCC Covered List, WC Docket No. 18-89, Public Notice, DA 26-22 (Jan. 7, 2026) (Second UAS Public Notice).
7/ Public Safety and Homeland Security Bureau Announces Conditional Approval of Certain Uncrewed Aircraft Systems (UAS) and UAS Critical Components and Exemption from FCC Covered List, WC Docket No. 18-89, Public Notice, DA 26-253 (Mar. 18, 2026) (Third UAS Public Notice).
8/ FCC's Public Safety and Homeland Security Bureau Announces Addition of Routers Produced in Foreign Countries to FCC Covered List, WC Docket No. 18-89, Public Notice, DA 26-278 (Mar. 23, 2026) (Routers Public Notice).
9/ Routers Public Notice at 2.
10/ See, e.g., FCC's Public Safety and Homeland Security Bureau Announces Conditional Approval of Certain Routers and Uncrewed Aircraft Systems (UAS) and Exemption from FCC Covered List, WC Docket No. 18-89, Public Notice, DA-26-351 (April 14, 2026). The list of devices that have received Conditional Approvals can be found on the Bureau's website at https://www.fcc.gov/supplychain/coveredlist.
11/ See Routers Public Notice, Appx. C; Second UAS Public Notice, Appx. B.
12/ 47 CFR Sec.Sec. 1.50002(a), 1.50003. See Supply Chain Second Report and Order, 35 FCC Rcd at 14319, 14325, paras. 72, 77, 92.
13/ The FCC website also contains a list of certain affiliates and subsidiaries of entities identified on the Covered List. The list of affiliates and subsidiaries does not constitute a comprehensive list of all entities that the Commission may find, upon further examination, to qualify as relevant subsidiaries or affiliates of entities on the Covered List. Those entities, whether or not they currently provide covered communications equipment or services, are subject to the Commission's prohibitions, such as the prohibition against obtaining authorizations for covered equipment. See Reminder: Communications Equipment And Services On The Covered List Pose An Unacceptable Risk To National Security, National Security Advisory No. 2025-01, DA 25-927, n.3 (PSHSB Oct. 14, 2025).
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Original text here: https://docs.fcc.gov/public/attachments/DA-26-489A1.pdf
FCC Investigating Potential Fraud in E-Rate Program in Minnesota
WASHINGTON, May 16 -- The Federal Communications Commission issued the following news release on May 15, 2026:
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FCC Investigating Potential Fraud in E-Rate Program in Minnesota
Letters of Inquiry Mark First Step in Exploring Potential Wrongdoing
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Today, FCC Chairman Brendan Carr announced that the Commission has sent three Letters of Inquiry to Minnesota educational institutions to investigate potential misuse of federal funds disbursed through the E-Rate program. This marks the latest effort by the Commission to combat fraud, waste, and abuse in Universal Service Fund (USF) programs.
The
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WASHINGTON, May 16 -- The Federal Communications Commission issued the following news release on May 15, 2026:
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FCC Investigating Potential Fraud in E-Rate Program in Minnesota
Letters of Inquiry Mark First Step in Exploring Potential Wrongdoing
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Today, FCC Chairman Brendan Carr announced that the Commission has sent three Letters of Inquiry to Minnesota educational institutions to investigate potential misuse of federal funds disbursed through the E-Rate program. This marks the latest effort by the Commission to combat fraud, waste, and abuse in Universal Service Fund (USF) programs.
TheUSF's E-Rate program helps schools and libraries obtain affordable telecommunications and information services so students, teachers, and library patrons can take advantage of online opportunities. The program has provided support to over 132,000 schools and libraries across the country by funding discounts on Internet access and Wi-Fi services.
Chairman Carr issued the following statement:
"The FCC is committed to stopping bad actors from defrauding our USF programs, including those who target our E-Rate program as a way to line their own pockets. When billions of dollars are at stake, we need to ensure that the Commission's programs are working efficiently and effectively. By requesting critical program information from Minnesota educational institutions suspected of wrongdoing within this program, we're taking that initial and critical step towards being well-informed, good stewards of federal dollars to ensure program funds are being used for their intended purposes."
Additional Background Information:
Chairman Carr continues to conduct a top-to-bottom review of all USF programs to ensure taxpayer dollars are protected. In April 2026, Chairman Carr announced the suspension of seven individuals involved in a multimillion-dollar fraud scheme targeting the E-Rate program. As part of the FCC's efforts to combat fraud, waste, and abuse in Universal Service Fund programs, the FCC recently voted on updates to its suspension and debarment rules that enable the agency to take quicker and more comprehensive action against wrongdoers.
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Original text here: https://docs.fcc.gov/public/attachments/DOC-421768A1.pdf
FCC Approves National Exchange Carrier Association 2026 Modification of Average Schedules
WASHINGTON, May 16 -- The Federal Communications Commission has approved the updated formulas for average-schedule interstate settlement disbursements proposed by the National Exchange Carrier Association Inc., Morristown, New Jersey. Released on May 15, 2026, the order (WC Docket No. 25-339) authorizes the revised formulas for a one-year period running from July 1, 2026, through June 30, 2027.
NECA administers interstate access tariffs for rate-of-return incumbent local exchange carriers participating in its access charge tariff pools. Average-schedule companies receive compensation based on
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WASHINGTON, May 16 -- The Federal Communications Commission has approved the updated formulas for average-schedule interstate settlement disbursements proposed by the National Exchange Carrier Association Inc., Morristown, New Jersey. Released on May 15, 2026, the order (WC Docket No. 25-339) authorizes the revised formulas for a one-year period running from July 1, 2026, through June 30, 2027.
NECA administers interstate access tariffs for rate-of-return incumbent local exchange carriers participating in its access charge tariff pools. Average-schedule companies receive compensation based onthese formulas rather than individual cost studies. The formulas simulate the disbursements a representative cost company would receive.
The Wireline Competition Bureau, in coordination with the Office of Economics and Analytics, reviewed the submission filed on December 23, 2025. Following a public notice issued in January 2026, no comments were filed. The bureau found the proposed modifications reasonable and expected them to accurately simulate representative cost disbursements.
The updated formulas utilize data from a five-year sample design spanning 2024 to 2028, incorporating information from the 2024 study year alongside data from 2023. NECA did not include any adjustment for forgiven Paycheck Protection Program loans, which had affected prior disbursements.
At constant demand, NECA projects the formula updates will cause a 2.32% overall increase in average-schedule settlements across the 244 participating study areas. However, factoring in actual projected demand shifts--such as access line losses and lower special access demand alongside growth in consumer broadband-only loops (CBOL)--actual settlements are expected to rise by an average of 4.1%. NECA indicated that projected increases in CBOL demand serve as the primary driver for this upward shift.
Changes vary by category. At constant demand, common line access line settlements are projected to rise by 2.05%, driven by account growth and declining demand. CBOL formula settlements are expected to increase by 4.72%. Special access digital subscriber line (DSL) formulas show a projected 3.34% increase, while special access non-DSL formulas are expected to decrease by 0.73%.
Signed by Lynne H. Engledow, Chief of the Pricing Policy Division within the Wireline Competition Bureau, the order became effective upon its release.
-- Vidhi Gianani, Targeted News Service
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Original text here: https://docs.fcc.gov/public/attachments/DA-26-477A1.pdf
