Federal Regulatory Agencies
Here's a look at documents from federal regulatory agencies
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SEC Director of Division of Corporation Finance Moloney Issues Remarks on U.S. Chamber Capital Markets Summit
WASHINGTON, June 11 -- The Securities and Exchange Commission issued the following remarks on June 10, 2026, by Director of the Division of Corporation Finance Jim Moloney at the U.S. Chamber Capital Markets Summit:
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This Old House: Improving and Remodeling our Registered Offering and Filer Status Regimes
This statement describes, among other things, my remarks and other matters discussed at the 2026 U.S. Chamber Capital Markets Summit on Tuesday, June 9, 2026.[1]
In the mid 1990s, more than 7,800 companies were listed on U.S. exchanges. That number has now fallen by roughly 40 percent.[2]
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WASHINGTON, June 11 -- The Securities and Exchange Commission issued the following remarks on June 10, 2026, by Director of the Division of Corporation Finance Jim Moloney at the U.S. Chamber Capital Markets Summit:
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This Old House: Improving and Remodeling our Registered Offering and Filer Status Regimes
This statement describes, among other things, my remarks and other matters discussed at the 2026 U.S. Chamber Capital Markets Summit on Tuesday, June 9, 2026.[1]
In the mid 1990s, more than 7,800 companies were listed on U.S. exchanges. That number has now fallen by roughly 40 percent.[2]This drop in the number of exchange-listed companies is like a crack in a house's foundation; we must improve and remodel to ensure our public markets are structurally sound for future generations of entrepreneurs and investors. That is why I came back to serve as the Director of the Division of Corporation Finance.
This moment feels familiar because it is not my first renovation project. Early in my career, I had the good fortune of serving on the SEC staff, where my most formative assignment was working as a principal draftsman of Regulation M-A. At the time, the rules and regulations governing business combination transactions and proxy soliciting activities were convoluted with requirements that varied based purely on the form of a transaction. The resulting wear and tear on the marketplace showed. Too many layers of complexity had built up over time to create structural stress, with no sound policy justification.[3] Regulation M-A improved and remodeled those old rules to create a coherent disclosure framework for business combination transactions that has withstood the test of time.
In the decades since leaving the SEC, I have witnessed a layering on of disclosure rules and additional requirements to our public company registration and reporting rules, much like the layers of paint you would find on the banister in an old home. This layering - often slapped on in reaction to market events - has made the current public company regulatory framework unnecessarily costly, burdensome, and complex. As we evaluate how our rules can better support more competitive public markets, we need to strip away the regulatory layers and restore the original beauty of our framework.
Two of the Commission's recent proposed rules aim to do exactly that: Registered Offering Reform and Filer Status Reform (the "Proposals").[4] While these Proposals may look like "new builds," the design blueprints are time-tested. These Proposals, if adopted, would impact how public companies register securities and report to investors. I will point to just one example from each proposal to demonstrate how impactful these rules could be.
The Registered Offering Reform Proposal, if adopted, would give smaller public companies access to shelf registration for the first time in decades, increasing the number of eligible companies by more than 60 percent.[5] It would rewire the house to support the higher amperage of capital flows required today. Consider a small, pre-commercial biotech company that successfully completed an IPO within the past year, but that needs to conduct a follow-on offering to raise additional capital to further its clinical trials. The company cannot wait weeks or months for SEC review of its registration statement that repeats much of the same information already provided to investors in its IPO registration statement. But, under the current rules, that's exactly what companies have to do.
Form S-3, the vehicle for shelf registration, currently requires a $75 million public float and a 12-month reporting history -- thresholds set in the 1990s that today shut out companies that have earned their place in the public markets and need to raise capital on their own timelines. The Registered Offering Reform Proposal would replace these obsolete thresholds with two simple questions: (1) Is this company an "ineligible issuer"?[6] and (2) Is this company current and timely in its SEC reporting?[7]
The Filer Status Proposal would take the same approach to disclosure. Right now, SEC rules sort public companies into five different compliance buckets, some overlapping. The proposal, if adopted, would raise the Large Accelerated Filer threshold from $700 million to $2 billion in public float, reserving the most demanding disclosure rules and reporting deadlines for the largest corporations.[8] For everyone else - 81 percent of all public issuers, although only 6.5 percent of total market public float[9] - the amendments would likely result in reduced audit fees and other costs. The current system has a leaky roof and sagging floorboards, and this proposal would alleviate these signs of structural stress.
Some companies become subject to auditor attestation of internal controls[10] before generating a single dollar of revenue, simply because the companies' market value crosses the accelerated filer threshold at one specific testing date. One biotech company in particular reported spending around $11 million on that compliance obligation alone since it crossed the $700 million public float threshold in 2021, roughly the cost of running a large Phase 2 clinical trial.[11] Under the thresholds in the proposal, many companies would be able to instead deploy that capital to further their business operations.[12]
Together, the Proposals aim to improve and remodel our regulatory frameworks. With the old paint gone, the wiring updated, and sagging floorboards replaced, what remains will be worth preserving: the cornerstone principle of financial materiality. That principle runs through everything we are doing right now at the Division. It is reflected in the proposal to rescind the climate disclosure rules,[13] and it will guide our coming reform efforts on Regulation S-K, including the executive compensation disclosure requirements.
The best renovations require careful planning and input from those who will actually have to live in the house, so please assist. If you are a company that has struggled with a particular SEC requirement, we want to hear about it. If you are an investor who relies on a certain disclosure to make investment decisions, tell us that too. Whether you lean toward an ornate, Victorian style or prefer a minimalist approach - we welcome your input. These Proposals are open for public comment.[14] The Chairman also opened a new comment portal specifically for IPO modernization.[15] Submit your comments and help us get this renovation project right for issuers, market participants, and investors alike!
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[1] This statement is provided in the author's official capacity as the Commission's Director of the Division of Corporation Finance but does not necessarily reflect the views of the Commission, Commissioners, or other members of the staff. This statement is not a rule, regulation, or statement of the Commission. The Commission has neither approved nor disapproved its content. This statement, like all staff statements, has no legal force or effect: it does not alter or amend applicable law, and it creates no new or additional obligations for any person.
[2] Based on information provided by Commission staff in the Division of Economic and Risk Analysis.
[3] See Regulation of Takeovers and Security Holder Communications, SEC Release Nos. 33 7760 & 34 42055, 64 Fed. Reg. 61,408 (Nov. 10, 1999) (effective Jan. 24, 2000), available at https://www.govinfo.gov/content/pkg/FR-1999-11-10/pdf/99-28355.pdf (noting "unnecessary differences in regulatory requirements between tender offers and other types of extraordinary transactions, such as mergers").
[4] See Registered Offering Reform, Release No. 33-11418 (May 19, 2026) [91 FR 31022 (May 26, 2026)], available at https://www.federalregister.gov/documents/2026/05/26/2026-10373/registered-offering-reform (hereinafter Registered Offering Reform Proposal); see also Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies, Release No. 34-105515 (May 19, 2026) [91 FR 30086 (May 21, 2026)], available at https://www.federalregister.gov/documents/2026/05/21/2026-10222/enhancement-of-emerging-growth-company-accommodations-and-simplification-of-filer-status-for (hereinafter Filer Status Proposal).
[5] See Registered Offering Reform Proposal at 31025.
[6] Id. at 31037.
[7] Id. at 31035; cf. U.S. Sec. & Exch. Comm'n, Report of the Advisory Committee on the Capital Formation and Regulatory Processes (July 24, 1996), available at https://www.sec.gov/news/studies/capform.htm (issuing the "Wallman Report," which recommended a shift to a company-based registration model where subsequent offerings were automatically registered once a company was current in its reporting).
[8] See Filer Status Proposal at 30086.
[9] Id. at 30101.
[10] See 15 U.S.C. Sec. 7262.
[11] See Testimony of Frank Watanabe, President & CEO, Arcutis Biotherapeutics, Inc., Before the Subcomm. on Cap. Mkts. of the H. Comm. on Fin. Servs., Reassessing Sarbanes-Oxley: The Cost of Compliance in Today's Capital Markets, 119th Cong. (June 25, 2025), available at https://www.congress.gov/119/meeting/house/118419/witnesses/HHRG-119-BA16-Wstate-WatanabeF-20250625.pdf.
[12] See Filer Status Proposal at 30097-98 (explaining that a company would have to clear a five-year seasoning period and cross the public float threshold for two consecutive years before becoming a large accelerated filer and that the single second-quarter testing date that is used for the current public float calculation would be replaced with a 10-trading-day average public float calculation).
[13] See Rescission of Climate Related Disclosure Rules, Securities Act Release No. 33 11421; Exchange Act Release No. 34 105572; File No. S7 2026 19; RIN 3235 AN76 (proposed May 29, 2026), available at https://www.sec.gov/files/rules/proposed/2026/33-11421.pdf.
[14] Comments on the Filer Status and Registered Offering Reform Proposals can be submitted through July 20 and July 27, respectively, at these links: (1) https://www.sec.gov/comments/s7-2026-18/enhancement-emerging-growth-company-accommodations-simplification-filer-status-reporting-companies#no-back; (2) https://www.sec.gov/comments/s7-2026-17/registered-offering-reform#no-back. Comments for the Rescission of Climate-Related Disclosure Rules can be submitted through August 3 at https://www.sec.gov/comments/s7-2026-19/rescission-climate-related-disclosure-rules#no-back.
[15] Comments can be submitted here: https://www.sec.gov/comments/cll-16/ipo-modernization#no-back.
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Original text here: https://www.sec.gov/newsroom/speeches-statements/moloney-statement-offering-filer-status-regimes-061026
NRC Names Jody C. Martin as New Secretary of the Commission
WASHINGTON, June 11 -- The Nuclear Regulatory Commission issued the following news release:
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NRC Names Jody C. Martin as New Secretary of the Commission
ROCKVILLE, Md. -- The Nuclear Regulatory Commission announced that Jody C. Martin has been selected as Secretary of the Commission, effective July 2026. He will succeed Carrie Safford, who leaves the agency this summer after 18 years at the NRC.
The Office of the Secretary is responsible for providing executive management services that support the Commission and help implement its decisions. The Secretary leads the office that maintains
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WASHINGTON, June 11 -- The Nuclear Regulatory Commission issued the following news release:
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NRC Names Jody C. Martin as New Secretary of the Commission
ROCKVILLE, Md. -- The Nuclear Regulatory Commission announced that Jody C. Martin has been selected as Secretary of the Commission, effective July 2026. He will succeed Carrie Safford, who leaves the agency this summer after 18 years at the NRC.
The Office of the Secretary is responsible for providing executive management services that support the Commission and help implement its decisions. The Secretary leads the office that maintainsthe Commission's adjudicatory and rulemaking dockets, oversees the historical records collection, and administers the NRC historical program.
"The Commission is demonstrating it can move quickly without sacrificing rigor or collegiality," Chairman Ho K. Nieh said. "Jody's leadership and expertise will help us continue on this trajectory to enable and accelerate the safe and secure use of nuclear technology."
Martin serves as the Deputy Director of the Office of International Programs. Previously, he was the Associate Director for Operations in the Office of the Executive Director for Operations. From 2020 to 2024, he served as the Director of the Office of Commission Appellate Adjudication.
Martin joined the NRC in 2006 as part of the Honor Law Graduate Program in the Office of the General Counsel. While in OGC, Martin served in various roles across different divisions, including Deputy Assistant General Counsel and Acting Assistant General Counsel for New Reactor Programs. Mr. Martin also served as Legal Counsel for Commissioner Baran and as Acting Deputy Budget Director in the Office of the Chief Financial Officer.
Martin is a graduate of the NRC's Senior Executive Service Candidate Development Program. He is also a graduate of the University of Delaware and The George Washington University School of Law.
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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/2026/26-063.pdf
USITC Institutes Section 337 Investigation of Certain GPU Computing Systems, Data Processing Unit Technologies, and Associated Components Thereof, and Products Containing the Same
WASHINGTON, June 10 -- The U.S. International Trade Commission issued the following news release:
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USITC Institutes Section 337 Investigation of Certain GPU Computing Systems, Data Processing Unit (DPU) Technologies, and Associated Components Thereof, and Products Containing the Same
The U.S. International Trade Commission (Commission or USITC) voted to institute an investigation of certain GPU computing systems, data processing unit (DPU) technologies, and associated components thereof, and products containing the same. The products at issue in the investigation are described in the Commission's
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WASHINGTON, June 10 -- The U.S. International Trade Commission issued the following news release:
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USITC Institutes Section 337 Investigation of Certain GPU Computing Systems, Data Processing Unit (DPU) Technologies, and Associated Components Thereof, and Products Containing the Same
The U.S. International Trade Commission (Commission or USITC) voted to institute an investigation of certain GPU computing systems, data processing unit (DPU) technologies, and associated components thereof, and products containing the same. The products at issue in the investigation are described in the Commission'snotice of investigation.
The investigation is based on a complaint filed on behalf of Xockets, Inc. of Temple, Texas, on May 8, 2026. The complaint alleges violations of section 337 of the Tariff Act of 1930 based upon the importation into the United States and sale of certain GPU computing systems, data processing unit (DPU) technologies, and associated components thereof, and products containing the same that infringe the patents asserted by the complainant. The complainant requests that the USITC issue a limited exclusion order and cease and desist orders.
The USITC has identified the following respondents in this investigation:
* NVIDIA Corporation, Santa Clara, California
* Microsoft Corporation, Redmond, Washington
* Amazon.com, Inc., Seattle, Washington
* Amazon Web Services, Inc., Seattle, Washington
* Annapurna Labs (U.S.), Inc., Austin, Texas
By instituting this investigation (337-TA-1505), the USITC has not yet made any decision on the merits of the case. The USITC's Chief Administrative Law Judge will assign the case to one of the USITC's administrative law judges (ALJ), who will schedule and hold an evidentiary hearing. The ALJ will make an initial determination as to whether there is a violation of section 337; that initial determination is subject to review by the Commission.
The USITC will make a final determination in the investigation at the earliest practicable time. Within 45 days after institution of the investigation, the USITC will set a target date for completing the investigation. USITC remedial orders in section 337 cases are effective when issued and become final 60 days after issuance unless disapproved for policy reasons by the U.S. Trade Representative within that 60-day period.
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Original text here: https://www.usitc.gov/press_room/news_release/2026/er0609_68714.htm
In Latest 'Bad Labs' Move, FCC Chairman Carr Announces Enforcement Action Against Test Lab Responsible for False Test Results
WASHINGTON, June 10 -- The Federal Communications Commission issued the following news release on June 9, 2026:
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In Latest 'Bad Labs' Move, Chairman Carr Announces Enforcement Action Against Test Lab Responsible for False Test Results
Test lab submitted numerous false test reports with copy-and-pasted test reports
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Since last year, the FCC has been taking concrete steps to protect America's communications networks by kicking 'bad labs' out of the FCC's equipment authorization system. Before any electronic device can be marketed or sold in the U.S., it must be tested at a lab recognized
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WASHINGTON, June 10 -- The Federal Communications Commission issued the following news release on June 9, 2026:
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In Latest 'Bad Labs' Move, Chairman Carr Announces Enforcement Action Against Test Lab Responsible for False Test Results
Test lab submitted numerous false test reports with copy-and-pasted test reports
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Since last year, the FCC has been taking concrete steps to protect America's communications networks by kicking 'bad labs' out of the FCC's equipment authorization system. Before any electronic device can be marketed or sold in the U.S., it must be tested at a lab recognizedby the FCC. But many of those labs could present national security risks or otherwise fail to conduct trustworthy testing. That is why the FCC has been increasing its scrutiny of all labs.
Today, FCC Chairman Brendan Carr announced that the Office of Engineering and Technology (OET) instituted proceedings to withdraw recognition from a test lab that apparently willfully and repeatedly provided false equipment test results in connection with equipment authorization applications. Specifically, SLG-CPC Test Laboratory Co., Ltd. based in Dongguan, China, admitted to having submitted numerous test reports with data copied-and-pasted from other reports.
Chairman Carr issued the following statement:
"Today's action is essential to maintaining the integrity of the FCC's equipment authorization system. Falsifying test data plainly undermines trust in the FCC's equipment authorization process and threatens the security of U.S. communications networks and U.S persons. The Commission will continue to scrutinize our test labs and lab accreditation bodies to ensure all entities involved in our equipment authorizations adhere to FCC rules."
Additional Background Information:
To import, market, or sell electronic devices in the United States, device makers generally must get their devices tested and certified in FCC-recognized test labs and telecommunications certification bodies (TCBs). These entities play a vital role in ensuring that devices operate at safe power levels, on appropriate spectrum bands that do not create harmful interference and adhere to U.S. government national security rules. Through its investigation, OET discovered that 33 separate FCC IDs (see list below) had apparently relied on identical test reports prepared by SLG-CPC, often for wholly different products. When confronted, SLG-CPC conceded that it had submitted falsified reports, which it blamed on "inadequate, non-systematic review procedures carried out by the review staff."
Today's action follows a series of Commission actions against "bad labs" in our equipment authorization program. Last May, the FCC adopted rules to prohibit the recognition of test labs owned by, or subject to the direction or control of, a foreign adversary country. Since these rules went into effect, the Commission has denied recognition to, or withdrawn recognition from, 23 such test labs. In April of this year, the FCC proposed to restore reciprocity to lab testing by withdrawing recognition from any test lab based in a country that lacks a reciprocal agreement with the U.S.
33 FCC IDs:
FCC IDs 2AZDD-AIRFIT and 2BRYI-NLT-30; 2A7J2HKTWS, 2BDLPR1002TOF, 2A6QO-XP-G480B, 2A692-T205, and 2BRYI-TAG; 2A692-S001, 2BDWD-G58, and 2A6QO-XP-G480B; 2A9LY-BT-M1 and 2AO94-MKGW4; 2A692-T205 and 2A7J2HKTWS; 2A7KW-HS12 and 2A9HV-AUT213; 2AO94-MKL110BC and 2A3ZU-SPNYH02; 2A6X7-CVS03 and 2BBOI-CO708; 2BAJS-AMLSPKR and 2BBOI-ST200; 2AO94-LW003 and 2AO94-S05T; 2AHP7-T21BEACON and 2BACY-THSB1; 2A9RHS4T01, 2A95WK3Q-01, and 2A95YX3B-01; 2A9YZMXLC and 2A9YXTFLC; 2A5TW-T86 and 2A7IE-YL761.
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Original text here: https://docs.fcc.gov/public/attachments/DOC-422289A1.pdf
FTC Finalizes Consent Order in Sevita, BrightSpring Acquisition
WASHINGTON, June 10 -- The Federal Trade Commission issued the following news release:
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FTC Finalizes Consent Order in Sevita, BrightSpring Acquisition
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The Federal Trade Commission finalized a consent order involving Sevita Health's acquisition of BrightSpring Health Services Inc.'s community living business.
The consent order requires Sevita to divest 128 intermediate care facilities (ICFs), which provide services to individuals with intellectual and development disabilities, and other assets such as day-training programs. The consent order requires Sevita to divest the facilities-located
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WASHINGTON, June 10 -- The Federal Trade Commission issued the following news release:
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FTC Finalizes Consent Order in Sevita, BrightSpring Acquisition
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The Federal Trade Commission finalized a consent order involving Sevita Health's acquisition of BrightSpring Health Services Inc.'s community living business.
The consent order requires Sevita to divest 128 intermediate care facilities (ICFs), which provide services to individuals with intellectual and development disabilities, and other assets such as day-training programs. The consent order requires Sevita to divest the facilities-locatedin Indiana, Louisiana and Texas-to Dungarvin Group Inc., an experienced operator of ICFs.
The final consent order also imposes other conditions, including requiring Sevita to assist Dungarvin in obtaining all licenses, permits, authorizations or certifications related to, or necessary for, operating the divested facilities.
The final consent order resolves FTC charges that Sevita's acquisition of BrightSpring's community living business, called ResCare Community Living, would reduce consumer choice and the quality of care for ICF services for individuals with intellectual and development disabilities in certain markets within Indiana, Louisiana and Texas.
Following a public comment period, the Commission voted 2-0 to approve the final order.
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Original text here: https://www.ftc.gov/news-events/news/press-releases/2026/06/ftc-finalizes-consent-order-sevita-brightspring-acquisition
FCC Proposes Deletion of Vacant FM Channel in Selmer, Tennessee
WASHINGTON, June 10 -- The Federal Communications Commission Audio Division initiated a proposal to amend the Table of FM Allotments by deleting a vacant broadcast channel in Tennessee. The notice of proposed rulemaking targets the removal of Channel 288A located in Selmer, Tennessee, due to technical interference issues.
The action, issued under the heading Amendment of Section 73.202(b) Table of Allotments, FM Broadcast Stations (Selmer, Tennessee) (MB Docket No. 26-113), comes after an internal engineering review revealed spacing violations.
According to agency records, Channel 288A became
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WASHINGTON, June 10 -- The Federal Communications Commission Audio Division initiated a proposal to amend the Table of FM Allotments by deleting a vacant broadcast channel in Tennessee. The notice of proposed rulemaking targets the removal of Channel 288A located in Selmer, Tennessee, due to technical interference issues.
The action, issued under the heading Amendment of Section 73.202(b) Table of Allotments, FM Broadcast Stations (Selmer, Tennessee) (MB Docket No. 26-113), comes after an internal engineering review revealed spacing violations.
According to agency records, Channel 288A becamevacant following the cancellation of the broadcast license for station DWXOQ. A subsequent staff engineering analysis determined that the vacant allotment sits too close to another operating station. Specifically, the Selmer channel is short-spaced to licensed station WVNA-FM, operating on Channel 288A in Muscle Shoals, Alabama, by nine kilometers.
Commission rules require a minimum distance separation of 115 kilometers between such stations to avoid signal overlap and broadcast interference. The engineering review established that alternative channels are unavailable in the Selmer area to correct the spacing conflict.
Agency officials stated that deleting the vacant channel serves the public interest because it resolves the spacing conflict with the operating Alabama station. The removal will not leave the community without broadcast options, as Selmer continues to receive local transmissions from AM station WDTM and FM stations WXKV and WWGM.
The agency is inviting public feedback on the proposed deletion. Parties interested in retaining the FM service allocation at Selmer must submit evidence showing that a properly spaced transmitter site is technically viable. Due to the specific spacing challenges of this case, interested parties must also demonstrate reasonable assurance of transmitter site availability.
Counterproposals will only be evaluated if submitted during the initial comment phase. Under standard agency procedures, the proceeding is classified as restricted, meaning ex parte presentations are prohibited while the matter is evaluated.
The public comment period closes July 24, 2026, and reply comments are due by August 10, 2026. Submissions can be filed electronically through the electronic comment filing system or mailed to the commission secretary.
-- Vidhi Gianani, Targeted News Service
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Original text here: https://docs.fcc.gov/public/attachments/DA-26-568A1.pdf
FCC Consumer & Governmental Affairs Bureau Issues Public Notice: Grant of Certification for Nagish to Provide Internet Protocol Captioned Telephone Service, Internet Protocol Relay Service
WASHINGTON, June 10 -- The Federal Communications Commission Consumer and Governmental Affairs Bureau issued the following public notice (CG Docket No. 03-123):
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By the Chief, Consumer and Governmental Affairs Bureau:
Certification is granted to Nagish, Inc. (Nagish), to provide Internet Protocol Captioned Telephone Service (IP CTS)/1 and Internet Protocol Relay Service (IP Relay)/2 on a fully automated basis. Both services are supported by the Interstate Telecommunications Relay Services Fund (TRS Fund)./3 With this action, Nagish, which currently holds conditional certifications to provide
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WASHINGTON, June 10 -- The Federal Communications Commission Consumer and Governmental Affairs Bureau issued the following public notice (CG Docket No. 03-123):
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By the Chief, Consumer and Governmental Affairs Bureau:
Certification is granted to Nagish, Inc. (Nagish), to provide Internet Protocol Captioned Telephone Service (IP CTS)/1 and Internet Protocol Relay Service (IP Relay)/2 on a fully automated basis. Both services are supported by the Interstate Telecommunications Relay Services Fund (TRS Fund)./3 With this action, Nagish, which currently holds conditional certifications to provideboth IP CTS/4 and IP Relay/5 on a fully automated basis is eligible to receive TRS Fund compensation for a period of five years ending on June 9, 2031. This grant of full certification authorizes Nagish to offer fully automated IP CTS using automatic speech recognition (ASR) and fully automated IP Relay using ASR and text-to-speech (TTS) technology to all eligible consumers.
Background
The Consumer and Governmental Affairs Bureau (Bureau) granted conditional certification to Nagish to provide fully automated IP CTS on January 4, 2024, for a period of two years./6 Subsequently, on December 23, 2024, the Bureau granted Nagish conditional certification to provide fully automated IP Relay through December 23, 2026./7 Because Nagish relied solely on fully automated technologies and was a new applicant, the Bureau determined that collecting additional information through observing its actual operating experience was necessary to confirm compliance with mandatory minimum standards./8
On October 16, 2025, Nagish filed a request for full certification to provide both IP CTS and IP Relay./9 To ensure uninterrupted service while the Bureau completed its review, Nagish's conditional IP CTS certification was extended through June 18, 2026./10 Nagish has since filed an annual report demonstrating its continued compliance with the Commission's rules./11
Discussion
Internet-based TRS providers must be certified by the Federal Communication Commission (Commission) to be eligible for TRS Fund support./12 Certification is granted upon a determination that the provider will meet all applicable minimum TRS standards and has adequate procedures and remedies for ensuring compliance with Commission rules./13 After certification, Internet-based TRS providers file annual reports to update the information in their applications and demonstrate continuing compliance with the Commission's mandatory minimum TRS standards./14
Nagish's IP CTS and IP Relay Qualifications. Based on our review of Nagish's application and supplemental filings, we find that Nagish has sufficiently provided the information required by the Commission's Internet-based TRS certification rules, including: (1) a description of the service to be provided;/15 (2) a detailed description of how Nagish will meet all mandatory minimum standards applicable to IP CTS and IP Relay;/16 (3) a description of Nagish's organizational structure, including the names of its 10 percent or more equity interest holders, the names of persons with the power to vote 10 percent or more of the securities of Nagish, and the names of its executives, officers and members of its board;/17 (4) a confidential list, by position, of the number of full-time and part-time employees involved in Nagish's IP CTS and IP Relay operations;/18 (5) a confidential list of all sponsorship arrangements relating to the provision of Internet-based TRS;/19 (6) a description of measures taken to ensure that the provider does not and will not request or collect payment from the TRS Fund for service to consumers who do not satisfy the registration and certification requirements;/20 (7) a description of Nagish's complaint procedures;/21 (8) a statement that Nagish will file annual compliance reports demonstrating continued compliance with the rules;/22 and (9) certification by Nagish's CEO confirming the accuracy and completeness of the information contained in the application./23
Based on our review of the application, amendments, and annual reports,/24 we find that Nagish has sufficiently established that it will provide IP CTS and IP Relay in compliance with the applicable mandatory minimum TRS standards and has adequate procedures to ensure compliance and remedy noncompliance with the minimum standards and the certification requirements of section 64.606. Therefore, we certify Nagish as eligible to receive compensation from the Fund for the provision of IP CTS and IP Relay./25 This certification shall remain in effect for a period of five years./26
Preventing Misuse. We emphasize that Nagish must continue to operate in compliance with all applicable Commission rules and orders. The Commission may investigate compliance and take enforcement action, including suspension or revocation of this certification./27 This may include unannounced on-site visits to Nagish's headquarters, offices, and other facilities for the purpose of ensuring continued compliance with the certification requirements and the Commission's rules./28
Certification Renewal. When applying for renewal of its certification, Nagish must file documentation with the Commission at least 90 days prior to the expiration of its full certification, March 11, 2031./29
Conclusion
Accordingly, we find that the public interest and the objectives of section 225 are served by authorizing Nagish to provide IP CTS and IP Relay supported by the TRS Fund. For these reasons, the Bureau grants Nagish certification to provide IP CTS and IP Relay for a period not to exceed five years from the date of this Public Notice. This Public Notice shall be effective immediately upon release.
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Original text plus footnotes here: https://docs.fcc.gov/public/attachments/DA-26-566A1.pdf
