; (B) confirming completeness of such petition; (C) providing an initial indication of the complexity of the request and how such complexity may impact the timeline for adjudication; and (D) requesting any additional information, as appropriate, that would assist in the consideration of the petition; (6) track the issuance of exemptions and waivers by the Administration to sections of title 14, Code of Federal Regulations, and establish a methodology by which to determine if it would be more efficient and in the interest of the public to amend a rule to reduce the future need of waivers and exemptions; and (7) promulgate regulatory updates as determined more efficient or in the best interest of the public under paragraph (6). (d) [Reserved]. . (b) Systemically addressing need for exemptions and waivers Not later than 30 months after the date of enactment of this Act, the Assistant Administrator for Rulemaking and Regulatory Improvement of the FAA shall brief the appropriate committees of Congress and the Committee on Science, Space, and Technology of the House of Representatives on the methodology developed pursuant to section 106(c)(6) of title 49, United States Code (as added by this section). 203. Prohibition on conflicting pecuniary interests Section 106(e) of title 49, United States Code, is amended to read as follows: (e) Prohibition on conflicting pecuniary interests (1) In general The leadership of the Administration may not have a pecuniary interest in, or hold a financial interest in, an aeronautical enterprise or engage in another business, vocation, or employment. (2) Teaching Notwithstanding paragraph (1), the Deputy Administrator may not receive compensation for teaching without prior approval of the Administrator. (3) Financial interest defined In this subsection, the term financial interest — (A) means— (i) any current or contingent ownership, equity, or security interest; (ii) any indebtedness or compensated employment relationship