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Federal Register Highlights – 8/21/15

August 21, 2015

Unpublished, time-sensitive and proposed rules for August 21, 2015:

PROPOSED RULE: The Agricultural Marketing Service (AMS) of the Department of Agriculture (USDA) proposes to revise the United States Standards for Grades of Processed Raisins. AMS is proposing to remove five references to the term “midget” throughout the standards. These changes would modernize and clarify the standards by removing dual terminology for the same requirement. Comments must be submitted on or before October 20, 2015. (To submit comments, visit www.regulations.gov, reference docket number AMS-FV-14-0087.)

TEMPORARY RULE: The Coast Guard has issued a temporary deviation from the operating schedule that governs the Hood Canal Floating Drawbridge across Hood Canal (Admiralty Inlet), mile 5.0, near Port Gamble, WA. This deviation allows the bridge to open the draw span half-way, 300 feet; as opposed to all the way, which is 600 feet. One half of the span will remain closed, allowing for the replacements of bridge anchors for this section of the bridge. This deviation is effective from 6 a.m. on August 27, 2015, until 7 p.m. on September 30, 2015.

TEMPORARY RULE: The Coast Guard has issued a temporary deviation from the operating schedule that governs the Oregon State (Lewis and Clark River) Highway Bridge across the Lewis and Clark River, mile 1.0, at Astoria, OR. The deviation is necessary to accommodate bridge maintenance activities. This deviation allows the bridge to remain in the closed-to-navigation position and need not open to maritime traffic. This deviation is effective from 7 a.m. on August 20, 2015 to 5 p.m. on October 30, 2015.

TEMPORARY RULE: The Coast Guard is establishing a temporary safety zone on Lake Erie and Cleveland Harbor, Cleveland, OH. This safety zone is intended to restrict vessels from a portion of Lake Erie and Cleveland Harbor during the Cleveland National Air Show. This temporary safety zone is necessary to protect participants, spectators, and vessels from the hazards associated with aerial insertions and aircraft maneuvers. This rule is effective from 2:20 p.m. on September 3, 2015 until 6 p.m. on September 7, 2015.

TEMPORARY RULE: The Coast Guard is establishing a temporary moving safety zone during the Swim Around Charleston, a swimming race occurring on waters of the Wando River, the Cooper River, Charleston Harbor, and the Ashley River, in Charleston, South Carolina. The Swim Around Charleston is scheduled to take place on September 26, 2015. The temporary safety zone is necessary for the safety of the swimmers, participant vessels, spectators, and the general public during the event. Persons and vessels are prohibited from entering, transiting through, anchoring in, or remaining within the safety zone unless authorized by the Captain of the Port Charleston or a designated representative. This rule is effective from noon until 6 p.m. on September 26, 2015.

PROPOSED RULE: The Federal Housing Finance Agency (FHFA) is proposing amendments to its stress testing rule adopted in 2013 to implement section 165(i) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The amendments would modify the start date of the stress test cycles from October 1 of a calendar year to January 1 of the following calendar year. The amendments would also modify the dates for FHFA to issue scenarios for the upcoming cycle, the dates for the regulated entities to report the results of their stress tests to FHFA, and the dates for the regulated entities to publicly disclose a summary of their stress test results for the severely adverse scenario. These amendments would align FHFA’s rule with rules adopted by other financial institution regulators that implement the Dodd-Frank stress testing requirements. Comments on the proposed amendments must be received on or before September 21, 2015. (To submit comments, visit www.regulations.gov, reference RIN 2590-AA74.)

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