FCC adopts a new and stricter closed captioning Standards.

This is a great news for us Deaf and Hard of hearing population. This order focuses on 4 areas to ensure the quality of the closed captioning is high.
Quoted from the new order:

1) Accurate: Captions must match the spoken words in the dialogue and convey background noises and other sounds to the fullest extent possible.

2) Synchronous: Captions must coincide with their corresponding spoken words and sounds to the greatest extent possible and must be displayed on the screen at a speed that can be read by viewers.

3) Complete: Captions must run from the beginning to the end of the program to the fullest extent possible.

4) Properly placed: Captions should not block other important visual content on the screen, overlap one another, or run off the edge of the video screen.

Here is the link to the actual order: FCC order on closed captioning