Federal Regulatory Agencies
Here's a look at documents from federal regulatory agencies
Featured Stories
NRC Starts Licensing Review for a New Medical Isotope Facility in New Mexico
WASHINGTON, June 17 -- The Nuclear Regulatory Commission issued the following news release:
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NRC Starts Licensing Review for a New Medical Isotope Facility in New Mexico
ROCKVILLE, Md. -- The Nuclear Regulatory Commission has accepted for review an application from Eden Radioisotopes LLC to construct a medical isotope production facility in Lea County, New Mexico. Submitted May 5, the application proposes a facility designed to produce radioisotopes used in medical imaging and cancer treatment.
The project would include a 1.8-megawatt thermal reactor to irradiate targets and a processing
... Show Full Article
WASHINGTON, June 17 -- The Nuclear Regulatory Commission issued the following news release:
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NRC Starts Licensing Review for a New Medical Isotope Facility in New Mexico
ROCKVILLE, Md. -- The Nuclear Regulatory Commission has accepted for review an application from Eden Radioisotopes LLC to construct a medical isotope production facility in Lea County, New Mexico. Submitted May 5, the application proposes a facility designed to produce radioisotopes used in medical imaging and cancer treatment.
The project would include a 1.8-megawatt thermal reactor to irradiate targets and a processingfacility to extract and prepare the isotopes for medical use.
"The NRC's central role with nuclear technologies is to ensure they are developed safely and responsibly," Executive Director of Operations Mike King said. "The agency is initiating a thorough, technical evaluation and our experts will carefully review the proposed design to ensure the project meets NRC safety standards. We will conduct an efficient and timely review focusing our efforts on what matters most for safety."
The NRC's multilayered review includes extensive safety analyses, site characteristics, seismology, meteorology, geology and hydrology as well as opportunities for the public to engage in the process. A construction permit is granted once the facility meets these requirements.
The NRC will soon publish a notice in the Federal Register opening a 30-day period for members of the public to request a hearing on the application. Public participation is an important part of the NRC's licensing process. Even if a construction permit is approved, Eden would still need to obtain a separate NRC operating license before the facility could begin operations.
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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 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/2026/26-065.pdf
NRC Finalizes Fee Rule to Increase Cost Certainty and Lower Barriers for Nuclear Energy Projects
WASHINGTON, June 17 -- The Nuclear Regulatory Commission issued the following news release:
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NRC Finalizes Fee Rule to Increase Cost Certainty and Lower Barriers for Nuclear Energy Projects
ROCKVILLE, Md. -- Companies pursuing nuclear energy projects will soon have greater certainty about what it will cost to work with the Nuclear Regulatory Commission under a new final rule issued today by the agency.
The rule establishes fixed caps on many NRC licensing and service fees, reduces costs for prospective applicants, and updates annual fees for Fiscal Year 2026 - changes designed to make
... Show Full Article
WASHINGTON, June 17 -- The Nuclear Regulatory Commission issued the following news release:
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NRC Finalizes Fee Rule to Increase Cost Certainty and Lower Barriers for Nuclear Energy Projects
ROCKVILLE, Md. -- Companies pursuing nuclear energy projects will soon have greater certainty about what it will cost to work with the Nuclear Regulatory Commission under a new final rule issued today by the agency.
The rule establishes fixed caps on many NRC licensing and service fees, reduces costs for prospective applicants, and updates annual fees for Fiscal Year 2026 - changes designed to makethe agency's licensing process more predictable, transparent and accessible for innovators and existing licensees alike.
The changes mean organizations seeking NRC approval for nuclear facilities or materials will know in advance the maximum fees they could face for licensing and related services, helping them better plan budgets and manage project costs. The rule also lowers fees for prospective applicants, reducing financial hurdles for companies exploring entry into the nuclear sector.
The action supports implementation of Executive Order 14300, "Ordering the Reform of the Nuclear Regulatory Commission," which calls for streamlining NRC operations and improving accountability. Key elements of the final rule include:
* Fixed caps on service fees for licensing and other NRC activities requested by applicants, providing greater financial certainty.
* Improved efficiency and accountability in licensing reviews, with fees tied to defined expectations and resource planning.
* An increase in the professional hourly rate by $19, bringing it to $337 for FY 2026. The Reduced Hourly Rate will be $154 -- more than 50% lower than the professional hourly rate.
* Revised annual fees across all fee classes to better reflect NRC workload, riskinformed priorities, and the agency's FY 2026 enacted budget.
The new fee rule will take effect 60 days after publication in the Federal Register.
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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 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/2026/26-066.pdf
NCUA Releases Q1 2026 State-level Credit Union Data Report
ALEXANDRIA, Virginia, June 17 (TNSrep) -- The National Credit Union Administration issued the following news release:
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NCUA Releases Q1 2026 State-level Credit Union Data Report
The National Credit Union Administration (NCUA) today released its first quarter state-level credit union data report for 2026. Report findings indicate that for federally insured credit unions, assets increased by 2.8 percent at the median over the year ending in the first quarter of 2026. At the same time, loans outstanding grew by 0.6 percent at the median, according to the latest Quarterly U.S. Map Review (https://ncua.gov/analysis/credit-union-corporate-call-report-data/ncua-quarterly-us-map-review/first-quarter-2026).
... Show Full Article
ALEXANDRIA, Virginia, June 17 (TNSrep) -- The National Credit Union Administration issued the following news release:
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NCUA Releases Q1 2026 State-level Credit Union Data Report
The National Credit Union Administration (NCUA) today released its first quarter state-level credit union data report for 2026. Report findings indicate that for federally insured credit unions, assets increased by 2.8 percent at the median over the year ending in the first quarter of 2026. At the same time, loans outstanding grew by 0.6 percent at the median, according to the latest Quarterly U.S. Map Review (https://ncua.gov/analysis/credit-union-corporate-call-report-data/ncua-quarterly-us-map-review/first-quarter-2026).
Nationally, the median ratio of total loans outstanding to total shares and deposits -the loan-to-share ratio -was 68 percent at the end of the first quarter of 2026.
Credit union membership continued to grow in the aggregate over the year ending in the first quarter of 2026. At the median, membership declined by 0.5 percent. Credit unions with falling membership tend to be small; over half had less than $50 million in assets in the first quarter of 2026.
Countrywide, 85 percent of federally insured credit unions had positive year-to-date net income in the first quarter of 2026, compared with 84 percent in the first quarter of 2025.
The NCUA's Quarterly U.S. Map Review tracks performance indicators for federally insured credit unions in all 50 states and the District of Columbia and includes information on two important state-level economic indicators: the unemployment rate and home prices.
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Original text here: https://ncua.gov/newsroom/press-release/2026/ncua-releases-q1-2026-state-level-credit-union-data-report
FTC, States Sue World Professional Association for Transgender Health Over Deceptive Claims Regarding the Treatment of Children
WASHINGTON, June 17 -- The Federal Trade Commission issued the following news release:
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FTC, States Sue World Professional Association for Transgender Health Over Deceptive Claims Regarding the Treatment of Children
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The Federal Trade Commission, along with Alaska, Iowa, Nebraska and Texas, today filed a lawsuit against the World Professional Association for Transgender Health (WPATH), alleging the organization has provided the means for medical providers to make false and unsubstantiated claims to parents in order to sell pediatric medical transition services.
WPATH, an association
... Show Full Article
WASHINGTON, June 17 -- The Federal Trade Commission issued the following news release:
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FTC, States Sue World Professional Association for Transgender Health Over Deceptive Claims Regarding the Treatment of Children
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The Federal Trade Commission, along with Alaska, Iowa, Nebraska and Texas, today filed a lawsuit against the World Professional Association for Transgender Health (WPATH), alleging the organization has provided the means for medical providers to make false and unsubstantiated claims to parents in order to sell pediatric medical transition services.
WPATH, an associationof clinicians who profit from pediatric medical transition services, recommended medical interventions, including drugs and surgery, for children and adolescents who expressed dissatisfaction with or distress about their sex traits. In their complaint, the FTC and its state partners allege that these recommendations misled parents and children about the medical consensus and medical necessity, as well as the safety and effectiveness, of such services, in violation of the FTC Act.
"Today, the FTC filed a lawsuit against WPATH alleging that the organization made false and unsubstantiated claims regarding the necessity, effectiveness and safety of puberty blockers, hormones and sex-change surgeries," said Chairman Andrew N. Ferguson. "Children, but especially their parents, must have complete and truthful information when making decisions to purchase medical services. For decades, the FTC has taken action against entities that make deceptive and unsubstantiated health-related claims. The complaint filed today reflects that same long-standing mandate: when an entity makes a claim about a medical treatment, the claim must be truthful, evidence-based and not misleading."
In 2022, WPATH omitted all mention of age limitations for breast amputation or penis removal from the "Standards of Care" document providing the organization's official recommendations for treating sex-trait-related dissatisfaction or distress in children. As alleged in the complaint, WPATH did not base this decision on medical evidence.
"When an organization provides guidance designed to mislead families about the risks, benefits, or medical consensus behind a treatment, it undermines trust in those responsible for providing medical care," said Commissioner Mark R. Meador. "Our action today is a straightforward application of the law to ensure that families receive accurate, evidence-based information as they seek to make some of the most important healthcare decisions for their children."
The complaint further alleges that WPATH failed to disclose side effects of certain pediatric medical transition services, including that cross-sex hormones can cause mood disturbances, vocal pain and limitations, pelvic pain, clitoral discomfort, vaginal pain, inability to orgasm, incontinence and erectile pain.
As described in the complaint, in several instances, parents seeking help for their children were asked by clinicians whether they "would rather have a live daughter or a dead son," based on WPATH representations that pediatric medical transition services are "lifesaving." As the complaint argues, there is no competent and reliable scientific evidence to suggest these interventions reduce the risk of suicide.
WPATH claims its recommendations represent "consensus-based expert opinion." This leads WPATH members and other clinicians to repeat to consumers false, misleading or unsubstantiated statements about safety and efficacy found in WPATH guidelines, according to the complaint.
According to the complaint, despite the absence of competent and reliable scientific evidence, WPATH's guidelines label nearly every pediatric transition service as "medically necessary" to maximize the likelihood that insurers will pay for the pediatric transition procedures.
"Any group that illegally promotes irreversible, life-altering 'transitioning' procedures to kids as safe and necessary will face the full force of the law for harming children," said Texas Attorney General Ken Paxton. "We will not allow WPATH or any other organization to illegally promote or perform dangerous 'transitioning' procedures on our kids that leave them with permanent trauma and lifelong health consequences."
Nebraska Attorney General Mike Hilgers said: "WPATH has long represented itself as the final authority for the gender-related treatment of children, advancing profit-driven ideology unsupported by science and withholding crucial information from children, parents and doctors. We're proud to work with the Federal Trade Commission and state attorneys general to hold WPATH accountable for deceiving parents and medical professionals and causing harm to children in Nebraska and nationwide."
Iowa Attorney General Brenna Bird said: "WPATH recommends permanent irreversible treatments and surgeries on children without solid medical science. Patients and their families have been deceived into believing the organization is an authoritative, medical body, when, in truth, their recommendations are based on politics and ideology. Parents and children deserve better."
Alaska Acting Attorney General Cori Mills said: "Our laws demand real transparency and full disclosure of risks-whether it's a defective product that harmed consumers or powerful drugs like opioids. This is especially vital for irreversible treatments with lifelong consequences, and it must be held to the highest standard when minors are involved. Unfortunately, as alleged in the complaint, WPATH failed that test by prioritizing ideology over sound science, downplaying serious long-term harms. They must be held accountable like we have held countless other companies and organizations accountable when they fail to follow the laws that protect consumers."
The Commission vote authorizing staff to file the complaint was 2-0. The complaint was filed in the U.S. District Court for the Northern District of Texas.
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Original text here: https://www.ftc.gov/news-events/news/press-releases/2026/06/ftc-states-sue-world-professional-association-transgender-health-over-deceptive-claims-regarding-treatment-children
FTC Sues to Stop Sprawling Enterprise Operating Unlawful Subscription Schemes
WASHINGTON, June 17 -- The Federal Trade Commission issued the following news release:
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FTC Sues to Stop Sprawling Enterprise Operating Unlawful Subscription Schemes
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At the Federal Trade Commission's request, a federal court has temporarily halted a sprawling enterprise of deceptive subscription schemes-comprised of 15 corporations and eight individuals-from continuing to deceive consumers with hidden costs and recurring charges, while failing to provide simple mechanisms to cancel subscriptions.
The Genesis Tech enterprise, along with its founder-CEOs Vladimir Mnogoletny and Vasily
... Show Full Article
WASHINGTON, June 17 -- The Federal Trade Commission issued the following news release:
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FTC Sues to Stop Sprawling Enterprise Operating Unlawful Subscription Schemes
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At the Federal Trade Commission's request, a federal court has temporarily halted a sprawling enterprise of deceptive subscription schemes-comprised of 15 corporations and eight individuals-from continuing to deceive consumers with hidden costs and recurring charges, while failing to provide simple mechanisms to cancel subscriptions.
The Genesis Tech enterprise, along with its founder-CEOs Vladimir Mnogoletny and VasilyUlianov, have built and operated a broad portfolio of misleading internet-based subscription schemes. These schemes range from an online program that claims it can diagnose and treat ADHD symptoms to PDF editing tools, according to a complaint filed by the FTC. The defendants deceptively market subscriptions to consumers and bill consumers without their permission, resulting in consumers worldwide being defrauded.
"The Trump-Vance FTC is engaged in robust enforcement to address deception and illegal subscription offerings," said Christopher Mufarrige, Director of the FTC's Bureau of Consumer Protection. "This case illustrates the benefits and importance of the Bureau's reinvigorated anti-fraud program."
According to the FTC's complaint, Genesis Tech operates as a common enterprise through a network of entities it controls, including a series of affiliates incorporated in Cyprus and operating in Ukraine. The Cyprus companies market to U.S. consumers and access U.S. payment processing through counterparts incorporated in Delaware.
Genesis Tech and its subsidiaries work together to continually launch new deceptive product offerings, register new corporate identities and open new merchant accounts. Together, Genesis Tech and its subsidiaries are able to hide their true identities from consumers and attempt to hide their assets by channeling ill-gotten gains through cross-border transfers among corporate affiliates, the FTC's complaint alleges.
According to the FTC's complaint, Genesis Tech and its subsidiaries have created and distributed dozens of varying deceptive product offerings, which include:
* MadMuscles, Harna and Unimeal (fitness and nutrition apps);
* Wisey (ADHD/productivity self-help courses);
* PDF Guru and PDF Master (PDF editing tools);
* Lumi (fashion consulting); and
* Nebula (horoscope readings and psychic chats).
From early 2023 to mid-2025, these five products accounted for nearly a quarter billion dollars in global revenue, the complaint alleges.
Regardless of the product, the FTC alleges that Genesis Tech and its subsidiaries deploy the following tactics to harm consumers:
* Failure to disclose material terms: Defendants advertise products as being free or available for a low, one-time cost, often with a money-back guarantee. But when consumers sign up, the defendants obscure references to auto-renewing subscriptions or recurring charges. Their webpages fail to disclose material terms clearly and conspicuously, consistently relegating terms to the smallest print on the page.
* Charges without authorization: Defendants make unauthorized charges even beyond the undisclosed subscription fees, by double-charging consumers for the same product or by adding more products to the transaction without consumers' knowledge or consent.
* Failure to provide simple cancellation mechanisms: Defendants make cancellation difficult, for example, by omitting cancellation options from their websites and apps or requiring consumers to explain why they want to cancel, and, even after confirming cancellation, continue charging or attempting to charge users without authorization.
The FTC alleges that Genesis Tech and its affiliates continue to churn out new deceptive products, continually register new companies and open fresh merchant accounts to avoid fraud monitoring programs. The result is an ever-evolving web of Cyprus and Delaware shell companies that allows Genesis Tech and its subsidiaries to continue defrauding U.S. consumers and routing their ill-gotten gains overseas, the FTC's complaint further alleges.
The FTC alleges these practices violate the FTC Act and the Restore Online Shoppers' Confidence Act (ROSCA). The complaint also names Stamatis Skianis, Oksana Kucher, Iryna Oleksyn, Olga Garbuzenko, Rostyslav Ivanitsa and Viktoriia Savchuk as co-defendants.
The Commission vote authorizing the staff to file the complaint was 2-0. The complaint was filed in the U.S. District Court for the Northern District of California.
The FTC staff attorneys on this matter are Alyssa Wu and Shining Hsu of the agency's Western Region San Francisco and Josh Doan of the Bureau of Consumer Protection.
NOTE: The Commission files a complaint when it has "reason to believe" that the named defendants are violating or are about to violate the law and it appears to the Commission that a proceeding is in the public interest. The case will be decided by the court.
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Original text here: https://www.ftc.gov/news-events/news/press-releases/2026/06/ftc-sues-stop-sprawling-enterprise-operating-unlawful-subscription-schemes
FCC Wireline Competition Bureau Issues Public Notice: Comments Invited on AT&T's Section 214 Application to Discontinue Domestic Legacy Voice Service as Part of Technology Transition
WASHINGTON, June 17 -- The Federal Communications Commission's Wireline Competition Bureau issued the following public notice (WC Docket No. 26-143):
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Unless otherwise specified, the following procedures and dates apply to the application(s) (the Section 214 Discontinuance Application(s)) listed in the Appendix.
The Wireline Competition Bureau (Bureau), upon initial review, has found the Section 214 Discontinuance Application(s) listed herein to be acceptable for filing and subject to the procedures set forth in Section 63.71 of the Commission's rules./1 The application(s) request authority,
... Show Full Article
WASHINGTON, June 17 -- The Federal Communications Commission's Wireline Competition Bureau issued the following public notice (WC Docket No. 26-143):
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Unless otherwise specified, the following procedures and dates apply to the application(s) (the Section 214 Discontinuance Application(s)) listed in the Appendix.
The Wireline Competition Bureau (Bureau), upon initial review, has found the Section 214 Discontinuance Application(s) listed herein to be acceptable for filing and subject to the procedures set forth in Section 63.71 of the Commission's rules./1 The application(s) request authority,under section 214 of the Communications Act of 1934, as amended,/2 and section 63.71 of the Commission's rules,/3 to discontinue, reduce, or impair certain domestic telecommunications service(s) (Affected Service(s)) in specified geographic areas (Service Area(s)) as applicable and as fully described in each application.
In accordance with section 63.71(f) of the Commission's rules, the Section 214 Discontinuance Application(s) listed in the Appendix will be deemed granted automatically on July 17, 2026, the 31st day after the release date of this public notice, unless the Commission notifies any applicant(s) that their grant will not be automatically effective./4 We note that the date on which an application for Commission authorization is deemed granted may be different from the date on which applicants are authorized to discontinue service ("Authorized Date"). Any applicant whose application has been deemed granted may discontinue their Affected Service(s) in their Service Area(s) on or after the authorized discontinuance date(s) specified in the Appendix, in accordance with their filed representations. Accordingly, pursuant to section 63.71(f), and the terms outlined in each application, absent further Commission action, each applicant may discontinue the Affected Service(s) in the Service Area(s) described in their application on or after the authorized discontinuance date(s) listed in the Appendix for that application. For purposes of computation of time when filing a petition for reconsideration, application for review, or petition for judicial review of the Commission's decision(s), the date of "public notice" shall be the later of the auto grant date stated above in this Public Notice, or the release date(s) of any further public notice(s) or order(s) announcing final Commission action, as applicable. Should no petitions for reconsideration, applications for review, or petitions for judicial review be timely filed, the proceeding(s) listed in this Public Notice shall be terminated, and the docket(s) will be closed.
Comments objecting to the application listed in the Appendix must be filed with the Commission on or before July 1, 2026. Comments should refer to the specific WC Docket No. and Comp. Pol. File No. listed in the Appendix for the Section 214 Discontinuance Application. Comments should include specific information about the impact of the proposed discontinuance on the commenter, including any inability to acquire reasonable substitute service. Comments may be filed using the Commission's Electronic Comment Filing System (ECFS). Electronic Filers: Comments may be filed electronically using the Internet by accessing the ECFS: https://www.fcc.gov/ecfs. Filers should follow the instructions provided on the Web site for submitting comments. Generally, only one copy of an electronic submission must be filed. In completing the transmittal screen, filers should include their full name, U.S. Postal Service mailing address, and the applicable docket number.
Paper Filers: Parties who choose to file by paper must file an original and one copy of each filing. Filings can be sent by hand or messenger delivery, by commercial courier, or by the U.S. Postal Service. All filings must be addressed to the Secretary, Federal Communications Commission. Hand-delivered or messenger-delivered paper filings for the Commission's Secretary are accepted between 8:00 a.m. and 4:00 p.m. by the FCC's mailing contractor at 9050 Junction Drive, Annapolis Junction, MD 20701. All hand deliveries must be held together with rubber bands or fasteners. Any envelopes and boxes must be disposed of before entering the building. Commercial courier deliveries (any deliveries not by the U.S. Postal Service) must be sent to 9050 Junction Drive, Annapolis Junction, MD 20701. Filings sent by U.S. Postal Service First-Class Mail, Priority Mail, and Priority Mail Express must be sent to 45 L Street NE, Washington, DC 20554.
This proceeding shall be treated as a "permit-but-disclose" proceeding in accordance with the Commission's ex parte rules./5 Persons making ex parte presentations must file a copy of any written presentation or a memorandum summarizing any oral presentation within two business days after the presentation (unless a different deadline applicable to the Sunshine period applies). Persons making oral ex parte presentations are reminded that memoranda summarizing the presentation must (1) list all persons attending or otherwise participating in the meeting at which the ex parte presentation was made, and (2) summarize all data presented and arguments made during the presentation. If the presentation consisted in whole or in part of the presentation of data or arguments already reflected in the presenter's written comments, memoranda or other filings in the proceeding, the presenter may provide citations to such data or arguments in his or her prior comments, memoranda, or other filings (specifying the relevant page and/or paragraph numbers where such data or arguments can be found) in lieu of summarizing them in the memorandum. Documents shown or given to Commission staff during ex parte meetings are deemed to be written ex parte presentations and must be filed consistent with rule 1.1206(b). In proceedings governed by rule 1.49(f) or for which the Commission has made available a method of electronic filing, written ex parte presentations and memoranda summarizing oral ex parte presentations, and all attachments thereto, must be filed through the electronic comment filing system available for that proceeding, and must be filed in their native format (e.g., .doc, .xml, .ppt, searchable .pdf). Participants in this proceeding should familiarize themselves with the Commission's ex parte rules.
People with Disabilities: To request materials in accessible formats for people with disabilities (braille, large print, electronic files, audio format), send an e-mail to fcc504@fcc.gov or call the Consumer & Governmental Affairs Bureau at 202-418-0530.
For further information, please see the contact(s) for the specific discontinuance proceeding you are interested in as listed in the Appendix. For further information on procedures regarding section 214 please visit https://www.fcc.gov/general/domestic-section-214-discontinuance-service.
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Footnotes:
1/ 47 CFR Sec. 63.71.
2/ 47 U.S.C. Sec. 214.
3/ 47 CFR Sec. 63.71.
4/ See 47 CFR Sec. 63.71(f)(1) (stating, in relevant part, that an application filed by a non-dominant carrier "shall be automatically granted on the 31st day... unless the Commission has notified the applicant that the grant will not be automatically effective"); see also 47 CFR Sec. 63.71(f)(2)(i) (stating that "[a]n application to discontinue, reduce, or impair an existing retail service as part of a technology transition, as defined in Sec. 63.60(i), may be automatically granted... if: The applicant provides affected customers with the notice required under paragraph (a)(6) of this section, and the application contains the showing or certification described in Sec. 63.602(b)"); Accelerating Wireline Broadband Deployment by Removing Barriers to Infrastructure Investment, WC Docket No. 17-84, Order, DA 25248, para. 6 (WCB Mar. 20, 2025) (waiving the Adequate Replacement Test's "single replacement service" requirement for a period of two years when a carrier seeks to discontinue a legacy voice service pursuant to section 214(a), thereby allowing carriers to satisfy all three prongs of the Adequate Replacement Test with a bundled service); Technology Transitions, GN Docket No. 13-5, Order on Clarification, DA 25-250, para. 6 (WCB Mar. 20, 2025) (clarifying the applicability of the testing methodology and parameters required for meeting the streamlining criteria when a carrier submits a technology transition discontinuance application relying on the "totality of the circumstances" under the Adequate Replacement Test)).
5/ 47 CFR Sec. 1.1200 et seq.
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Original text here: https://docs.fcc.gov/public/attachments/DA-26-596A1.pdf
CFTC Staff Issues No-Action Letter for Swap Post-Trade Risk Reduction Services
WASHINGTON, June 17 -- The Commodity Futures Trading Commission issued the following news release:
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CFTC Staff Issues No-Action Letter for Swap Post-Trade Risk Reduction Services
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WASHINGTON -The Commodity Futures Trading Commission's Division of Clearing and Risk, Division of Market Oversight, and Market Participants Division today announced they have taken no-action positions related to a request from three service providers, Capitolis Partners LLC, Quantile Technologies Limited (as part of the London Stock Exchange Group plc), and TriOptima AB (as part of OSTTRA) that offer post-trade
... Show Full Article
WASHINGTON, June 17 -- The Commodity Futures Trading Commission issued the following news release:
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CFTC Staff Issues No-Action Letter for Swap Post-Trade Risk Reduction Services
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WASHINGTON -The Commodity Futures Trading Commission's Division of Clearing and Risk, Division of Market Oversight, and Market Participants Division today announced they have taken no-action positions related to a request from three service providers, Capitolis Partners LLC, Quantile Technologies Limited (as part of the London Stock Exchange Group plc), and TriOptima AB (as part of OSTTRA) that offer post-traderisk reduction services (PTRRS) for swaps in the form of portfolio rebalancing and basis risk mitigation.
The letter provides a no-action position to the service providers for failure to register as swap execution facilities and notes they have registered with the CFTC as introducing brokers subject to compliance with CFTC regulations and National Futures Association rules.
The no-action letter also benefits any person who engages in portfolio rebalancing and basis risk mitigation services for: failure to enter into a swap or swaps on a designated contract market; swap execution facility; or a swap execution facility that is exempt from registration under the trade execution requirement in section 2(h)(8) of the Commodity Exchange Act; and failure to submit a swap or swaps that are required to be cleared to a derivatives clearing organization under CEA Section 2(h)(1) and part 50 of CFTC regulations.
The no-action letter reiterates the discussion of risk reduction services in the Commission's 2020 part 43 final rule and clarifies that if PTRRS meet the description in that adopting release then those services do not meet the definition of a publicly reportable swap transaction and are not subject to the real-time public reporting and dissemination requirements in part 43.
The no-action letter is time-limited and subject to the terms and conditions in the letter
-CFTC-
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Original text here: https://www.cftc.gov/PressRoom/PressReleases/9255-26
