ASLRRA Petition for Rail Hazardous Materials Rulemaking

PHMSA received a petition for rulemaking from the American Short Line and Regional Railroad Association (ASLRRA) regarding rail hazardous materials transportation. The comment period on this petition is now closed. This petition, if adopted, could lead to new PHMSA rulemaking affecting short line and regional railroads transporting hazardous materials.

Association of American Railroads Petition for Hazardous Materials Rulemaking

The Association of American Railroads submitted a petition for rulemaking to PHMSA on April 6, 2026, requesting the agency initiate regulatory action on hazardous materials transportation by rail. PHMSA will review the petition to determine whether to open a formal rulemaking docket. This petition does not create any compliance obligations.

Creative Polymers Inc - PHMSA Compromise Order

PHMSA issued a compromise order (Case No. 25T-0575-SH-CE) to Creative Polymers Inc on April 6, 2026, resolving an enforcement matter related to hazardous materials safety violations. The order represents a settlement agreement between PHMSA and the company, allowing for resolution of the underlying violation without full adjudication.

NYSE Arca Rule 5.3-O Amendment - Multi-Asset Crypto Commodity Trust Options

The SEC approved NYSE Arca's proposed rule change to Exchange Rule 5.3-O(g)(x), allowing the Exchange to list and trade options on Commodity-Based Trusts holding multiple crypto assets. Previously limited to single-asset crypto trusts. Each crypto asset within the trust must meet the $700 million average daily market value threshold over the prior 12 months and have derivatives traded on markets with surveillance-sharing agreements. No public comments were received.

NYSE American Rule Change Approving Options on Multi-Asset Crypto Commodity-Based Trusts

The SEC approved NYSE American's proposed rule change to amend Exchange Rule 915, Commentary .06(v), allowing the Exchange to list and trade options on Commodity-Based Trusts holding multiple crypto assets. Previously, only single-asset crypto trusts qualified. Each crypto asset held by the trust must meet the $700 million average daily market value threshold and have derivatives trading on a market with surveillance-sharing agreements.

Limited Exemptions from Regulation NMS Rule 605

The SEC issued an order granting limited exemptions from Regulation NMS Rule 605 execution quality reporting requirements. The order grants broker-dealers an exemption from Rule 605 for certain OTC market making activities while modifying or rescinding several prior exemptions. These changes affect broker-dealers subject to Rule 605 reporting requirements for covered orders in NMS stocks.

Flower Garden Banks National Marine Sanctuary Request for Information

NOAA issued a Request for Information (RFI) regarding Flower Garden Banks National Marine Sanctuary. The agency is seeking public input on potential modifications or management considerations for the sanctuary. Comments are due by May 21, 2025.

Rescission of Commercial Fishing Restrictions in Atlantic Marine National Monument

NMFS has issued a final rule rescinding 50 CFR 600.725(x), which had prohibited commercial fishing in the Northeast Canyons and Seamounts Marine National Monument. This action aligns U.S. fishing regulations with the February 6, 2026 Presidential Proclamation 'Unleashing Commercial Fishing in the Atlantic.' The rule takes effect April 3, 2026.

Texas Parks Wildlife Marine Mammal Take Authorization Proposed Rule Correction

NMFS issued a correction notice to a proposed rule regarding Texas Parks Wildlife Department's application for marine mammal incidental take authorization. The correction updates the ADDRESSES section with the correct docket link (NOAA-NMFS-2025-0801) replacing an incorrect link. Comments on this proposed rule must be received by April 17, 2026.

Gulf South Pipeline Project Draft Environmental Impact Statement

FERC published a draft Environmental Impact Statement for the Gulf South Pipeline Project in Mississippi, assessing the environmental effects of proposed pipeline construction and compressor station modifications. The draft EIS evaluates new 8.1-mile and 102.9-mile pipeline segments, four new compressor stations totaling over 109,000 hp, and related infrastructure. Public comments are due by May 25, 2026.