New regs for Tuesday: Toys, banks, lands

Tuesday’s edition of the Federal Register contains new rules for toy manufacturers, government lands and bank-holding companies.

Here’s what is happening:

Toys: The Consumer Product Safety Commission (CPSC) is withdrawing safety standards for magnets.

{mosads}The CPSC issued new requirements for magnet toy sets that children play with in October 2014, but said Monday it is removing the regulations to comply with a court order.

This action is not related to President Trump’s regulatory moratorium.

The changes go into effect immediately.

Government lands: The Federal Energy Regulatory Commission (FERC) is raising the prices for hydropower companies looking to rent government lands.

FERC announced Monday the new per-acre rental fees.

The prices go into effect immediately.

Finance: The Securities and Exchange Commission is considering changes to statistical disclosure rules for financial services companies.

The disclosures apply to bank-holding companies.

The public has 60 days to comment.