80 FR 26959 - New Postal Product
POSTAL REGULATORY COMMISSION Federal Register Volume 80, Issue 90 (May 11, 2015)
Federal Register Volume 80, Issue 90 (May 11, 2015)
| Page Range | 26959-26960 | |
| FR Document | 2015-11330 |
[Federal Register Volume 80, Number 90 (Monday, May 11, 2015)] [Notices] [Pages 26959-26960] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-11330] ======================================================================= ----------------------------------------------------------------------- POSTAL REGULATORY COMMISSION [Docket No. CP2015-62; Order No. 2470] New Postal Product AGENCY: Postal Regulatory Commission. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: The Commission is noticing a recent Postal Service filing concerning an addition to Global Expedited Package Services 3 negotiated service agreement. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: May 13, 2015. ADDRESSES: Submit comments electronically via the Commission's Filing Online system at http://www.prc.gov. Those who cannot submit comments electronically should contact the person identified in the FOR FURTHER INFORMATION CONTACT section by telephone for advice on filing alternatives. FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202-789-6820. SUPPLEMENTARY INFORMATION: Table of Contents I. Introduction II. Notice of Commission Action III. Ordering Paragraphs I. Introduction On May 5, 2015, the Postal Service filed notice that it has entered into an additional Global Expedited Package Services 3 (GEPS 3) negotiated service agreement (Agreement).\1\ --------------------------------------------------------------------------- \1\ Notice of United States Postal Service of Filing a Functionally Equivalent Global Expedited Package Services 3 Negotiated Service Agreement and Application for Non-Public Treatment of Materials Filed Under Seal, May 5, 2015 (Notice). --------------------------------------------------------------------------- To support its Notice, the Postal Service filed a copy of the Agreement, a copy of the Governors' Decision authorizing the product, a certification of compliance with 39 U.S.C. 3633(a), and an application for non-public treatment of certain materials. It also filed supporting financial workpapers. II. Notice of Commission Action The Commission establishes Docket No. CP2015-62 for consideration of matters raised by the Notice. The Commission invites comments on whether the Postal Service's filing is consistent with 39 U.S.C. 3632, 3633, or 3642, 39 CFR part 3015, and 39 CFR part 3020, subpart B. Comments are due no later than May 13, 2015. The public portions of the filing can be accessed via the Commission's Web site (http://www.prc.gov). The Commission appoints Cassie D'Souza to serve as Public Representative in this docket. III. Ordering Paragraphs It is ordered: [[Page 26960]] 1. The Commission establishes Docket No. CP2015-62 for consideration of the matters raised by the Postal Service's Notice. 2. Pursuant to 39 U.S.C. 505, Cassie D'Souza is appointed to serve as an officer of the Commission to represent the interests of the general public in this proceeding (Public Representative). 3. Comments are due no later than May 13, 2015. 4. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Shoshana M. Grove, Secretary. [FR Doc. 2015-11330 Filed 5-8-15; 8:45 am] BILLING CODE 7710-FW-P
![Federal Register / Vol. 80, No. 90 / Monday, May 11, 2015 / Notices 26959
request and solicits public comment on certain financial information, including ACTION: Notice.
the collection of information. audited (if available) or (if not)
unaudited financial statements. They SUMMARY: The Commission is noticing a
DATES: Comments must be submitted by
also specify that the controlled group recent Postal Service filing concerning
June 10, 2015.
must provide PBGC with certain an addition to Global Expedited Package
ADDRESSES: Comments should be sent to
actuarial information necessary to Services 3 negotiated service agreement.
the Office of Information and Regulatory This notice informs the public of the
Affairs, Office of Management and determine the liabilities and assets for
all PBGC-covered plans. All non-public filing, invites public comment, and
Budget, Attention: Desk Officer for takes other administrative steps.
Pension Benefit Guaranty Corporation, information submitted is protected from
disclosure. Reporting is accomplished DATES: Comments are due: May 13,
via electronic mail at OIRA_DOCKE@
through PBGC’s secure e-4010 web- 2015.
omb.eop.gov or by fax to (202) 395–
6974. based application. ADDRESSES: Submit comments
A copy of the request (including the OMB has approved the 4010 electronically via the Commission’s
collection of information) will be posted collection of information under control Filing Online system at http://
at http://www.pbgc.gov/prac/laws-and- number 1212–0049 through June 30, www.prc.gov. Those who cannot submit
regulations/information-collections- 2015. PBGC is requesting that OMB comments electronically should contact
under-omb-review.html. It may also be extend its approval for another three the person identified in the FOR FURTHER
obtained without charge by writing to years. An agency may not conduct or INFORMATION CONTACT section by
the Disclosure Division of the Office of sponsor, and a person is not required to telephone for advice on filing
the General Counsel of PBGC, at the respond to, a collection of information alternatives.
above address, visiting the Disclosure unless it displays a currently valid OMB FOR FURTHER INFORMATION CONTACT:
Division, faxing a request to 202–326– Control number. David A. Trissell, General Counsel, at
4042, or calling 202–326–4040 during PBGC estimates that approximately 202–789–6820.
normal business hours. (TTY and TDD 300 controlled groups will be subject to SUPPLEMENTARY INFORMATION:
users may call the Federal relay service 4010 reporting requirements. PBGC
toll-free at 1–800–877–8339 and ask to further estimates that the total annual Table of Contents
be connected to 202–326–4040.) The burden of this collection of information I. Introduction
Disclosure Division will email, fax, or will be 2,620 hours and $5,088,000. II. Notice of Commission Action
mail the request to you, at your request. PBGC is soliciting public comments III. Ordering Paragraphs
FOR FURTHER INFORMATION CONTACT: to—
• Evaluate whether the proposed I. Introduction
Grace Kraemer, Attorney, or Catherine
B. Klion, Assistant General Counsel, collection of information is necessary On May 5, 2015, the Postal Service
Office of the General Counsel, Pension for the proper performance of the filed notice that it has entered into an
Benefit Guaranty Corporation, 1200 K functions of the agency, including additional Global Expedited Package
Street NW., Washington, DC 20005– whether the information will have Services 3 (GEPS 3) negotiated service
4026; 202–326–4024. (TTY and TDD practical utility; agreement (Agreement).1
users may call the Federal relay service • Evaluate the accuracy of the To support its Notice, the Postal
agency’s estimate of the burden of the Service filed a copy of the Agreement,
toll-free at 1–800–877–8339 and ask to
proposed collection of information, a copy of the Governors’ Decision
be connected to 202–326–4024.)
including the validity of the authorizing the product, a certification
SUPPLEMENTARY INFORMATION: Section of compliance with 39 U.S.C. 3633(a),
4010 of the Employee Retirement methodologies and assumptions used;
• Enhance the quality, utility, and and an application for non-public
Income Security Act of 1974 (ERISA) treatment of certain materials. It also
clarity of the information to be
requires each member of a controlled filed supporting financial workpapers.
collected; and
group to submit financial and actuarial
• Minimize the burden of the II. Notice of Commission Action
information to PBGC under certain
collection of information on those who
circumstances. PBGC’s regulation on The Commission establishes Docket
are to respond, including through the
Annual Financial and Actuarial No. CP2015–62 for consideration of
use of appropriate automated,
Information (29 CFR part 4010) specifies matters raised by the Notice.
electronic, mechanical, or other
the items of identifying, financial, and The Commission invites comments on
technological collection techniques or
actuarial information that filers must whether the Postal Service’s filing is
other forms of information technology,
submit. PBGC reviews the information consistent with 39 U.S.C. 3632, 3633, or
e.g., permitting electronic submission of
that is filed and enters it into an 3642, 39 CFR part 3015, and 39 CFR
responses.
electronic database for more detailed part 3020, subpart B. Comments are due
analysis. Computer-assisted analysis of Issued in Washington, DC, this 6th day of no later than May 13, 2015. The public
this information helps PBGC to May, 2015. portions of the filing can be accessed via
anticipate possible major demands on Judith Starr, the Commission’s Web site (http://
the pension insurance system and to General Counsel, Pension Benefit Guaranty www.prc.gov).
focus PBGC resources on situations that Corporation. The Commission appoints Cassie
pose the greatest risk to the system. [FR Doc. 2015–11347 Filed 5–8–15; 8:45 am] D’Souza to serve as Public
Because other sources of information are BILLING CODE 7709–02–P Representative in this docket.
not as current as the 4010 information III. Ordering Paragraphs
tkelley on DSK3SPTVN1PROD with NOTICES
and do not reflect a plan’s termination
liability, 4010 filings play a major role POSTAL REGULATORY COMMISSION It is ordered:
in PBGC’s ability to protect participant
[Docket No. CP2015–62; Order No. 2470] 1 Notice of United States Postal Service of Filing
and premium-payer interests.
a Functionally Equivalent Global Expedited
ERISA section 4010 and PBGC’s 4010 New Postal Product Package Services 3 Negotiated Service Agreement
regulation specify that each controlled and Application for Non-Public Treatment of
group member must provide PBGC with AGENCY: Postal Regulatory Commission. Materials Filed Under Seal, May 5, 2015 (Notice).
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![26960 Federal Register / Vol. 80, No. 90 / Monday, May 11, 2015 / Notices
1. The Commission establishes Docket A–9 All-or-None Option Orders from options orders executed manually
No. CP2015–62 for consideration of the An all-or-none option order is a limit order (verbally) in open outcry on the
matters raised by the Postal Service’s which is to be executed in its entirety, or not Exchange. It also established an
Notice. at all. Unlike a fill-or-kill order, an all-or- electronic audit trail for options orders
2. Pursuant to 39 U.S.C. 505, Cassie none order is not cancelled if it is not represented by Floor Brokers on the
D’Souza is appointed to serve as an executed as soon as it is represented in the Exchange. Floor Brokers can use old
trading crowd. An all-or-none order has no
officer of the Commission to represent FBMS to submit orders to the PHLX XL
standing respecting executions in the crowd
the interests of the general public in this except with respect to other all-or-none II System (‘‘System’’) pursuant to Rule
proceeding (Public Representative). orders. 1063, rather than executing the orders in
3. Comments are due no later than When represented in the crowd, [A]all-or- the trading crowd.
May 13, 2015. none orders are not included as part of the With the new FBMS, all options
4. The Secretary shall arrange for bid or offer. [However, an all-or-none order transactions on the Exchange involving
publication of this order in the Federal entrusted to a Specialist should be disclosed at least one Floor Broker can continue
Register. to the trading crowd if such order falls within to be represented in open outcry in the
or upon the bid or offer for the particular trading crowd but are now required to
By the Commission. option series. be executed by and through the new
Shoshana M. Grove, For example, if the market in XYZ Oct 30
calls is 4–4.25, 10×15, and there is an all-or-
FBMS. In connection with order
Secretary. execution, the Exchange allows FBMS
none order on the Specialist’s book to sell 10
[FR Doc. 2015–11330 Filed 5–8–15; 8:45 am] to execute two-sided orders entered by
XYZ Oct 30 calls at 4.25 all-or-none, the
BILLING CODE 7710–FW–P Specialist, in response to a request for the Floor Brokers, including multi-leg
market in XYZ Oct 30 calls, should respond: orders up to 15 legs, after the Floor
‘‘The market is 4–4.25, 10×15, 10 (to sell) Broker has represented the orders in the
at 4.25 all-or-none.’’ trading crowd. FBMS also provides
SECURITIES AND EXCHANGE Accordingly, under this policy, all-or-none
COMMISSION Floor Brokers with an enhanced
option orders should be announced to the functionality called the complex
trading crowd as part of the quoted market,
[Release No. 34–74874; File No. SR–Phlx–
but not as part of the bid or offer.]
calculator that calculates and displays a
2015–37] When entered electronically pursuant to suggested price of each individual
Rule 1080 or into Options Floor Broker component of a multi-leg order, up to 15
Self-Regulatory Organizations; Management System pursuant to Rule 1063, legs, submitted on a net debit or credit
NASDAQ OMX PHLX LLC; Notice of an all-or-none order has standing and is basis. The Exchange deployed the new
Filing and Immediate Effectiveness of eligible for execution in time priority with all FBMS in March 2014. Despite the initial
Proposed Rule Change To Amend other customer orders and all-or-none intent to phase out the old FBMS after
Exchange Rules To Describe How All- professional orders (as specified in Rule an implementation period involving the
or-None Orders Are Handled by Its 1000(b)(14)) at that price if the all-or-none old and new FBMS operating
New Options Floor Broker contingency can be met.
concurrently, the Exchange has
Management System FINE SCHEDULE determined to operate the old FBMS
Fine not applicable until November 3, 2015 and is planning
May 5, 2015.
* * * * * to implement a new, third FBMS, the
Pursuant to Section 19(b)(1) of the details of which will be filed as a
Securities Exchange Act of 1934 II. Self-Regulatory Organization’s proposed rule change.3 In the event that
(‘‘Act’’) 1, and Rule 19b–4 thereunder,2 Statement of the Purpose of, and the Floor Broker is utilizing the new
notice is hereby given that on April 22, Statutory Basis for, the Proposed Rule FBMS and the new FBMS malfunctions
2015, NASDAQ OMX PHLX LLC Change or is otherwise not available after a
(‘‘Phlx’’ or ‘‘Exchange’’) filed with the In its filing with the Commission, the Floor Broker has entered an order, the
Securities and Exchange Commission Exchange included statements Floor Broker can re-enter that order into
(‘‘SEC’’ or ‘‘Commission’’) the proposed concerning the purpose of and basis for the old FBMS.
rule change as described in Items I and the proposed rule change and discussed
II below, which Items have been Proposal
any comments it received on the
prepared by the Exchange. The proposed rule change. The text of these The purpose of the proposal is to
Commission is publishing this notice to statements may be examined at the address the way AON orders on the
solicit comments on the proposed rule places specified in Item IV below. The book are handled electronically by the
change from interested persons. Exchange has prepared summaries, set new FBMS.4 In its filing for approval of
I. Self-Regulatory Organization’s forth in sections A, B, and C below, of the new FBMS, the Exchange addressed
Statement of the Terms of the Substance the most significant aspects of such AON orders merely by referring to
of the Proposed Rule Change statements. Advice A–9, which provides, in
pertinent part, that an AON option order
The Exchange proposes to amend A. Self-Regulatory Organization’s is a limit order which is to be executed
Exchange rules to describe how All-or- Statement of the Purpose of, and in its entirety, or not at all.5 Advice
None (‘‘AON’’) orders are handled by its Statutory Basis for, the Proposed Rule A–9 further provides that an AON order
new Options Floor Broker Management Change has no standing in the crowd except
System (‘‘FBMS’’). with respect to other AON orders.
1. Purpose
The text of the proposed rule change Accordingly, when a Floor Broker using
is below; proposed new language is Background
tkelley on DSK3SPTVN1PROD with NOTICES
italicized; proposed deletions are in Today, the Exchange is operating two 3 Securities Exchange Act Release No. 73586
brackets. versions of FBMS as part of an (November 13, 2014), 79 FR 68931 (November 19,
2014) (SR–Phlx–2014–71).
* * * * * implementation period for the new 4 Only customers and professionals can submit
FBMS. The old FBMS enabled Floor AON orders. See Rules 1000(b)(14) and Rule
1 15 U.S.C. 78s(b)(1). Brokers and/or their employees to enter, 1080(b).
2 17 CFR 240.19b–4. route, and report transactions stemming 5 See also Rule 1066(c)(4).
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Document Created: 2018-02-21 10:25:46
Document Modified: 2018-02-21 10:25:46
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice. | |
| Dates | Comments are due: May 13, 2015. | |
| Contact | David A. Trissell, General Counsel, at 202-789-6820. | |
| FR Citation | 80 FR 26959 |
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