80_FR_33685 80 FR 33572 - New Postal Product

80 FR 33572 - New Postal Product

POSTAL REGULATORY COMMISSION

Federal Register Volume 80, Issue 113 (June 12, 2015)

Page Range33572-33573
FR Document2015-14320

The Commission is noticing a recent Postal Service filing concerning the addition of Priority Mail Contract 125 to the competitive product list. This notice informs the public of the filing, invites public comment, and takes other administrative steps.

Federal Register, Volume 80 Issue 113 (Friday, June 12, 2015)
[Federal Register Volume 80, Number 113 (Friday, June 12, 2015)]
[Notices]
[Pages 33572-33573]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-14320]


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POSTAL REGULATORY COMMISSION

[Docket Nos. MC2015-54 and CP2015-82; Order No. 2533]


New Postal Product

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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SUMMARY: The Commission is noticing a recent Postal Service filing 
concerning the addition of Priority Mail Contract 125 to the 
competitive product list. This notice informs the public of the filing, 
invites public comment, and takes other administrative steps.

DATES: Comments are due: June 15, 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

    In accordance with 39 U.S.C. 3642 and 39 CFR 3020.30 et seq., the 
Postal Service filed a formal request and associated supporting 
information to add Priority Mail Contract 125 to the competitive 
product list.\1\
---------------------------------------------------------------------------

    \1\ Request of the United States Postal Service to Add Priority 
Mail Contract 125 to Competitive Product List and Notice of Filing 
(Under Seal) of Unredacted Governors' Decision, Contract, and 
Supporting Data, June 5, 2015 (Request).
---------------------------------------------------------------------------

    The Postal Service contemporaneously filed a redacted contract 
related to the proposed new product under 39 U.S.C. 3632(b)(3) and 39 
CFR 3015.5. Id. Attachment B.
    To support its Request, the Postal Service filed a copy of the 
contract, a copy of the Governors' Decision authorizing the product, 
proposed changes to the Mail Classification Schedule, a Statement of 
Supporting Justification, 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 Nos. MC2015-54 and CP2015-82 to 
consider the Request pertaining to the proposed Priority Mail Contract 
125 product and the related contract, respectively.
    The Commission invites comments on whether the Postal Service's 
filings in the captioned dockets are consistent with the policies of 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 June 15, 2015. The public 
portions of these filings can be accessed via the Commission's Web site 
(http://www.prc.gov).
    The Commission appoints James F. Callow to serve as Public 
Representative in these dockets.

III. Ordering Paragraphs

    It is ordered:
    1. The Commission establishes Docket Nos. MC2015-54 and CP2015-82 
to consider the matters raised in each docket.
    2. Pursuant to 39 U.S.C. 505, James F. Callow is appointed to serve 
as an officer of the Commission to represent

[[Page 33573]]

the interests of the general public in these proceedings (Public 
Representative).
    3. Comments are due no later than June 15, 2015.
    4. The Secretary shall arrange for publication of this order in the 
Federal Register.

    By the Commission.
Shoshana M. Grove,
Secretary.
[FR Doc. 2015-14320 Filed 6-11-15; 8:45 am]
 BILLING CODE 7710-FW-P



                                                  33572                           Federal Register / Vol. 80, No. 113 / Friday, June 12, 2015 / Notices

                                                  POSTAL REGULATORY COMMISSION                            II. Notice of Filing                                   FOR FURTHER INFORMATION CONTACT:
                                                                                                            The Commission invites comments on                   David A. Trissell, General Counsel, at
                                                  [Docket No. CP2014–2; Order No. 2532]
                                                                                                          whether the changes presented in the                   202–789–6820.
                                                  New Postal Product                                      Postal Service’s Notice are consistent                 SUPPLEMENTARY INFORMATION:

                                                  AGENCY:   Postal Regulatory Commission.                 with the policies of 39 U.S.C. 3632,                   Table of Contents
                                                                                                          3633, or 3642, 39 CFR 3015.5, and 39
                                                  ACTION:   Notice.                                       CFR part 3020, subpart B. Comments are                 I. Introduction
                                                                                                                                                                 II. Notice of Commission Action
                                                  SUMMARY:   The Commission is noticing a                 due no later than June 15, 2015. The                   III. Ordering Paragraphs
                                                  recent Postal Service filing concerning                 public portions of these filings can be
                                                  an amendment to Priority Mail Contract                  accessed via the Commission’s Web site                 I. Introduction
                                                  66 negotiated service agreement. This                   (http://www.prc.gov).
                                                                                                                                                                    In accordance with 39 U.S.C. 3642
                                                  notice informs the public of the filing,                  The Commission appoints Cassie
                                                                                                                                                                 and 39 CFR 3020.30 et seq., the Postal
                                                  invites public comment, and takes other                 D’Souza to represent the interests of the
                                                                                                                                                                 Service filed a formal request and
                                                  administrative steps.                                   general public (Public Representative)
                                                                                                                                                                 associated supporting information to
                                                  DATES: Comments are due: June 15,                       in this docket.
                                                                                                                                                                 add Priority Mail Contract 125 to the
                                                  2015.                                                   III. Ordering Paragraphs                               competitive product list.1
                                                  ADDRESSES: Submit comments                                It is ordered:                                          The Postal Service
                                                  electronically via the Commission’s                       1. The Commission reopens Docket                     contemporaneously filed a redacted
                                                  Filing Online system at http://                         No. CP2014–2 for consideration of                      contract related to the proposed new
                                                  www.prc.gov. Those who cannot submit                    matters raised by the Postal Service’s                 product under 39 U.S.C. 3632(b)(3) and
                                                  comments electronically should contact                  Notice.                                                39 CFR 3015.5. Id. Attachment B.
                                                  the person identified in the FOR FURTHER                                                                          To support its Request, the Postal
                                                                                                            2. Pursuant to 39 U.S.C. 505, the
                                                  INFORMATION CONTACT section by                                                                                 Service filed a copy of the contract, a
                                                                                                          Commission appoints Cassie D’Souza to
                                                  telephone for advice on filing                                                                                 copy of the Governors’ Decision
                                                                                                          serve as an officer of the Commission
                                                  alternatives.                                                                                                  authorizing the product, proposed
                                                                                                          (Public Representative) to represent the
                                                                                                                                                                 changes to the Mail Classification
                                                  FOR FURTHER INFORMATION CONTACT:                        interests of the general public in this
                                                                                                                                                                 Schedule, a Statement of Supporting
                                                  David A. Trissell, General Counsel, at                  proceeding.
                                                                                                                                                                 Justification, a certification of
                                                  202–789–6820.                                             3. Comments are due no later than
                                                                                                                                                                 compliance with 39 U.S.C. 3633(a), and
                                                  SUPPLEMENTARY INFORMATION:                              June 15, 2015.
                                                                                                                                                                 an application for non-public treatment
                                                                                                            4. The Secretary shall arrange for
                                                  Table of Contents                                                                                              of certain materials. It also filed
                                                                                                          publication of this order in the Federal
                                                                                                                                                                 supporting financial workpapers.
                                                  I. Introduction                                         Register.
                                                  II. Notice of Commission Action                           By the Commission.                                   II. Notice of Commission Action
                                                  III. Ordering Paragraphs
                                                                                                          Shoshana M. Grove,                                        The Commission establishes Docket
                                                  I. Introduction                                         Secretary.                                             Nos. MC2015–54 and CP2015–82 to
                                                     On June 5, 2015, the Postal Service                  [FR Doc. 2015–14315 Filed 6–11–15; 8:45 am]            consider the Request pertaining to the
                                                  filed notice that it has agreed to an                   BILLING CODE 7710–FW–P
                                                                                                                                                                 proposed Priority Mail Contract 125
                                                  Amendment to the existing Priority Mail                                                                        product and the related contract,
                                                  Contract 66 negotiated service                                                                                 respectively.
                                                  agreement approved in this docket.1 In                  POSTAL REGULATORY COMMISSION                              The Commission invites comments on
                                                  support of its Notice, the Postal Service                                                                      whether the Postal Service’s filings in
                                                                                                          [Docket Nos. MC2015–54 and CP2015–82;                  the captioned dockets are consistent
                                                  includes a redacted copy of the                         Order No. 2533]
                                                  Amendment and a certification of                                                                               with the policies of 39 U.S.C. 3632,
                                                  compliance with 39 U.S.C. 3633(a), as                                                                          3633, or 3642, 39 CFR part 3015, and 39
                                                                                                          New Postal Product                                     CFR part 3020, subpart B. Comments are
                                                  required by 39 CFR 3015.5.
                                                     The Postal Service also filed the                    AGENCY:   Postal Regulatory Commission.                due no later than June 15, 2015. The
                                                  unredacted Amendment and supporting                     ACTION:   Notice.                                      public portions of these filings can be
                                                  financial information under seal. The                                                                          accessed via the Commission’s Web site
                                                  Postal Service seeks to incorporate by                  SUMMARY:   The Commission is noticing a                (http://www.prc.gov).
                                                  reference the Application for Non-                      recent Postal Service filing concerning                   The Commission appoints James F.
                                                  Public Treatment originally filed in this               the addition of Priority Mail Contract                 Callow to serve as Public Representative
                                                  docket for the protection of information                125 to the competitive product list. This              in these dockets.
                                                  that it has filed under seal. Id. at 1.                 notice informs the public of the filing,               III. Ordering Paragraphs
                                                     The Amendment concerns price                         invites public comment, and takes other
                                                                                                          administrative steps.                                     It is ordered:
                                                  changes.                                                                                                          1. The Commission establishes Docket
                                                     The Postal Service intends for the                   DATES: Comments are due: June 15,                      Nos. MC2015–54 and CP2015–82 to
                                                  Amendment to become effective one                       2015.                                                  consider the matters raised in each
                                                  business day after the date that the
                                                                                                          ADDRESSES:   Submit comments                           docket.
                                                  Commission completes its review of the                                                                            2. Pursuant to 39 U.S.C. 505, James F.
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                                                  Notice. Id. The Postal Service asserts                  electronically via the Commission’s
                                                                                                          Filing Online system at http://                        Callow is appointed to serve as an
                                                  that the Amendment will not impair the                                                                         officer of the Commission to represent
                                                  ability of the contract to comply with 39               www.prc.gov. Those who cannot submit
                                                  U.S.C. 3633. Notice, Attachment B at 1.                 comments electronically should contact
                                                                                                                                                                   1 Request of the United States Postal Service to
                                                                                                          the person identified in the FOR FURTHER
                                                                                                                                                                 Add Priority Mail Contract 125 to Competitive
                                                    1 Notice of United States Postal Service of Change    INFORMATION CONTACT section by
                                                                                                                                                                 Product List and Notice of Filing (Under Seal) of
                                                  in Prices Pursuant to Amendment to Priority Mail        telephone for advice on filing                         Unredacted Governors’ Decision, Contract, and
                                                  Contract 66, June 5, 2015 (Notice).                     alternatives.                                          Supporting Data, June 5, 2015 (Request).



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                                                                                   Federal Register / Vol. 80, No. 113 / Friday, June 12, 2015 / Notices                                             33573

                                                  the interests of the general public in                   A. Self-Regulatory Organization’s                      the relevant requirements of Rule 17Ad–
                                                  these proceedings (Public                                Statement of the Purpose of, and                       22.6 In particular, the amendments to
                                                  Representative).                                         Statutory Basis for, the Proposed Rule                 the Risk Management Framework will
                                                    3. Comments are due no later than                      Change                                                 enhance the financial resources
                                                  June 15, 2015.                                              ICC proposes revising the ICC Risk                  available to ICC, and are therefore
                                                    4. The Secretary shall arrange for                                                                            reasonably designed to meet the margin
                                                                                                           Management Framework to incorporate
                                                  publication of this order in the Federal                                                                        and financial resource requirements of
                                                                                                           risk model enhancements related to the
                                                  Register.                                                                                                       Rule 17Ad–22(b)(2–3).7
                                                                                                           General Wrong Way Risk (‘‘GWWR’’)
                                                    By the Commission.                                     methodology. ICC believes such                         B. Self-Regulatory Organization’s
                                                  Shoshana M. Grove,                                       revisions will facilitate the prompt and               Statement on Burden on Competition
                                                  Secretary.                                               accurate clearance and settlement of
                                                                                                           securities transactions and derivative                   ICC does not believe the proposed
                                                  [FR Doc. 2015–14320 Filed 6–11–15; 8:45 am]
                                                                                                           agreements, contracts, and transactions                rule change will have any impact, or
                                                  BILLING CODE 7710–FW–P
                                                                                                           for which it is responsible. The                       impose any burden, on competition.
                                                                                                           proposed revisions are described in                    The risk model enhancements apply
                                                                                                           detail as follows.                                     uniformly across all market participants.
                                                  SECURITIES AND EXCHANGE                                                                                         Therefore, ICC does not believe the
                                                  COMMISSION                                                  The proposed changes to the ICC Risk
                                                                                                           Management Framework extend the                        proposed rule change imposes any
                                                  [Release No. 34–75119; File No. SR–ICC–                  GWWR framework to the portfolio level.                 burden on competition that is
                                                  2015–009]                                                Currently, there exists no Clearing                    inappropriate in furtherance of the
                                                                                                           Participant-level cumulative GWWR                      purposes of the Act.
                                                  Self-Regulatory Organizations; ICE
                                                                                                           requirement incorporated in the Jump-                  C. Self-Regulatory Organization’s
                                                  Clear Credit LLC; Notice of Filing of
                                                                                                           to-Default calculations. The                           Statement on Comments on the
                                                  Proposed Rule Change
                                                                                                           uncollateralized WWR exposure of a                     Proposed Rule Change Received From
                                                  June 8, 2015.                                            Risk Factor needs to exceed its                        Members, Participants or Others
                                                     Pursuant to Section 19(b)(1) of the                   corresponding WWR threshold in order
                                                  Securities Exchange Act of 1934                          to trigger WWR collateralization. The                    Written comments relating to the
                                                  (‘‘Act’’) 1 and Rule 19b–4 thereunder 2                  proposed enhancement is introduced to                  proposed rule change have not been
                                                  notice is hereby given that on May 28,                   account for the potential accumulation                 solicited or received. ICC will notify the
                                                  2015, ICE Clear Credit LLC (‘‘ICC’’) filed               of portfolio WWR through Risk Factor                   Commission of any written comments
                                                  with the Securities and Exchange                         specific WWR exposures. Under the                      received by ICC.
                                                  Commission (‘‘Commission’’) the                          proposed approach, if the cumulative                   III. Date of Effectiveness of the
                                                  proposed rule change as described in                     uncollateralized exposure exceeds a pre-               Proposed Rule Change and Timing for
                                                  Items I, II, and III below, which Items                  determined portfolio GWWR threshold,                   Commission Action
                                                  have been prepared primarily by ICC.                     the amount above the threshold is
                                                  The Commission is publishing this                        collateralized.                                          Within 45 days of the date of
                                                  notice to solicit comments on the                           Section 17A(b)(3) of the Act requires,              publication of this notice in the Federal
                                                  proposed rule change from interested                     among other things, that the rules of a                Register or within such longer period
                                                  persons.                                                 clearing agency be designed to promote                 up to 90 days (i) as the Commission may
                                                                                                           the prompt and accurate clearance and                  designate if it finds such longer period
                                                  I. Self-Regulatory Organization’s                        settlement of securities transactions                  to be appropriate and publishes its
                                                  Statement of the Terms of Substance of                   and, to the extent applicable, derivative              reasons for so finding or (ii) as to which
                                                  the Proposed Rule Change                                 agreements, contracts, and transactions 3              the self-regulatory organization
                                                     The principal purpose of the                          and to comply with the provisions of                   consents, the Commission will:
                                                  proposed rule change is to revise the                    the Act and the rules and regulations                    (A) By order approve or disapprove
                                                  ICC Risk Management Framework to                         thereunder.4 ICC believes that the                     such proposed rule change, or
                                                  incorporate certain risk model                           proposed rule change is consistent with                  (B) institute proceedings to determine
                                                  enhancements. These revisions do not                     the requirements of the Act and the                    whether the proposed rule change
                                                  require any changes to the ICC Clearing                  rules and regulations thereunder                       should be disapproved.
                                                  Rules (‘‘Rules’’).                                       applicable to ICC, in particular, Section              IV. Solicitation of Comments
                                                                                                           17(A)(b)(3)(F),5 because ICC believes
                                                  II. Self-Regulatory Organization’s                                                                                Interested persons are invited to
                                                                                                           that the proposed rule change will
                                                  Statement of the Purpose of, and                                                                                submit written data, views, and
                                                                                                           promote the prompt and accurate
                                                  Statutory Basis for, the Proposed Rule                                                                          arguments concerning the foregoing,
                                                                                                           clearance and settlement of securities
                                                  Change                                                                                                          including whether the proposed rule
                                                                                                           transactions, derivatives agreements,
                                                     In its filing with the Commission, ICC                contracts, and transactions, as the                    change is consistent with the Act.
                                                  included statements concerning the                       proposed risk model revisions enhance                  Comments may be submitted by any of
                                                  purpose of and basis for the proposed                    risk policies and are expected to impose               the following methods:
                                                  rule change and discussed any                            more conservative initial margin                       Electronic Comments
                                                  comments it received on the proposed                     requirements, which would enhance the
                                                  rule change. The text of these statements                financial resources available to ICC and                 • Use the Commission’s Internet
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                                                  may be examined at the places specified                  thereby facilitate its ability to promptly             comment form (http://www.sec.gov/
                                                  in Item IV below. ICC has prepared                       and accurately clear and settle its                    rules/sro.shtml); or
                                                  summaries, set forth in sections A, B,                   cleared CDS contracts. In addition, the                  • Send an email to rule-comments@
                                                  and C below, of the most significant                     proposed revisions are consistent with                 sec.gov. Please include File Number SR–
                                                  aspects of these statements.                                                                                    ICC–2015–009 on the subject line.
                                                                                                             3 15 U.S.C. 78q–1(b)(3)(F).
                                                    1 15 U.S.C. 78s(b)(1).                                   4 15 U.S.C. 78q–1(b)(3)(A).                           6 17   CFR 240.17Ad–22.
                                                    2 17 CFR 240.19b–4.                                      5 15 U.S.C. 78q–1(b)(3)(F).                           7 17   CFR 240.17Ad–22(b)(2–3).



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Document Created: 2018-02-22 10:16:07
Document Modified: 2018-02-22 10:16:07
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesComments are due: June 15, 2015.
ContactDavid A. Trissell, General Counsel, at 202-789-6820.
FR Citation80 FR 33572 

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