81 FR 15356 - New Postal Product
POSTAL REGULATORY COMMISSION Federal Register Volume 81, Issue 55 (March 22, 2016)
Federal Register Volume 81, Issue 55 (March 22, 2016)
| Page Range | 15356-15357 | |
| FR Document | 2016-06418 |
[Federal Register Volume 81, Number 55 (Tuesday, March 22, 2016)] [Notices] [Pages 15356-15357] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-06418] ----------------------------------------------------------------------- POSTAL REGULATORY COMMISSION [Docket No. CP2016-125; Order No. 3157] New Postal Product AGENCY: Postal Regulatory Commission. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: The Commission is noticing a recent Postal Service filing concerning an amendment to an existing 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: March 24, 2016. 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 Filings III. Ordering Paragraphs I. Introduction On March 16, 2016, 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, March 16, 2016 (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 [[Page 15357]] treatment of certain materials. It also filed supporting financial workpapers. II. Notice of Commission Action The Commission establishes Docket No. CP2016-125 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 March 24, 2016. The public portions of the filing can be accessed via the Commission's Web site (http://www.prc.gov). The Commission appoints Lyudmila Y. Bzhilyanskaya to serve as Public Representative in this docket. III. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. CP2016-125 for consideration of the matters raised by the Postal Service's Notice. 2. Pursuant to 39 U.S.C. 505, Lyudmila Y. Bzhilyanskaya 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 March 24, 2016. 4. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Stacy L. Ruble, Secretary. [FR Doc. 2016-06418 Filed 3-21-16; 8:45 am] BILLING CODE 7710-FW-P
![15356 Federal Register / Vol. 81, No. 55 / Tuesday, March 22, 2016 / Notices
Published Rates 9 and accompanying The Postal Service represents it will 3. Comments are due no later than
financial model. Request at 3. notify each GEPS–NPR 10 customer of March 23, 2016.
To support its Request, the Postal the contract’s effective date no later than 4. The Secretary shall arrange for
Service filed the following attachments: 30 days after receiving the signed publication of this order in the Federal
• Attachment 1, an application for agreement from the customer. Id. Register.
non-public treatment of materials filed Attachment 4 at 4. Unless terminated By the Commission.
under seal; earlier, each contract will expire the Stacy L. Ruble,
• Attachment 2A, a redacted version later of one year from the effective date
of Governors’ Decision No. 11–6; Secretary.
or the last day of the month which falls
• Attachment 2B, a revised version of one calendar year from the effective [FR Doc. 2016–06344 Filed 3–21–16; 8:45 am]
Mail Classification Schedule section date, unless terminated sooner. Id. The BILLING CODE 7710–FW–P
2510.8 GEPS–NPR; Postal Service represents that the
• Attachment 2C, a redacted version contract is consistent with 39 U.S.C.
of the GEPS–NPR 10 Management POSTAL REGULATORY COMMISSION
3633(a). Request at 5; id. Attachment 2E;
Analysis; id. Attachment 3 at 2–3. [Docket No. CP2016–125; Order No. 3157]
• Attachment 2D, Maximum and The Postal Service filed much of the
Minimum Prices for Priority Express supporting materials, including an New Postal Product
Mail International (PMEI), Priority Mail unredacted model contract, under seal.
International (PMI), and Global Express Request at 3. It maintains that the AGENCY: Postal Regulatory Commission.
Guaranteed (GXG); First-Class Package redacted portions of the materials ACTION: Notice.
International Service (FCPIS); and should remain confidential as sensitive
International Merchandise Return SUMMARY: The Commission is noticing a
business information. Id. Attachment 1
Service (IMRS) prices under GEPS–NPR recent Postal Service filing concerning
at 1–2, 4. This information includes
10 Contracts; an amendment to an existing Global
sensitive commercial information
• Attachment 2E, a certified concerning the incentive discounts and
Expedited Package Services 3 negotiated
statement concerning the prices for service agreement. This notice informs
their formulation, applicable cost
applicable negotiated service the public of the filing, invites public
coverage, non-published rates, as well
agreements under GEPS–NPR 10, comment, and takes other
as some customer-identifying
required by 39 CFR 3015.5(c)(2); administrative steps.
information in future signed
• Attachment 3, a Statement of agreements. Id. at 4–5. The Postal DATES: Comments are due: March 24,
Supporting Justification, which is filed Service asks the Commission to protect 2016.
pursuant to 39 CFR 3020.32; and customer-identifying information from ADDRESSES: Submit comments
• Attachment 4, a redacted version of public disclosure for ten years after the electronically via the Commission’s
the GEPS–NPR 10 model contract. Id. at date of filing with the Commission, Filing Online system at http://
3–4. unless an order is entered to extend the www.prc.gov. Those who cannot submit
In a Statement of Supporting duration of that status. Id. at 11. comments electronically should contact
Justification, Giselle Valera, Managing
II. Notice of Commission Action the person identified in the FOR FURTHER
Director and Vice President, Global
INFORMATION CONTACT section by
Business, asserts the product is The Commission establishes Docket telephone for advice on filing
designed to increase efficiency of the Nos. MC2016–97 and CP2016–122 to alternatives.
Postal Service’s process, as well as consider the Request pertaining to the
enhance its ability to compete in the proposed GEPS–NPR 10 product and FOR FURTHER INFORMATION CONTACT:
marketplace. Id. Attachment 3 at 1. the related model contract, respectively. David A. Trissell, General Counsel, at
She contends GEPS–NPR 10 belongs The Commission invites comments on 202–789–6820.
on the competitive product list as it is whether the Postal Service’s filings in SUPPLEMENTARY INFORMATION:
part of a market over which the Postal the captioned dockets are consistent
Service does not exercise market Table of Contents
with the policies of 39 U.S.C. 3632,
dominance,3 is not subsidized by 3633, or 3642, 39 CFR part 3015, and 39 I. Introduction
market dominant products, covers costs CFR part 3020, subpart B. Comments are II. Notice of Filings
attributable to it, and does not cause due no later than March 23, 2016. The III. Ordering Paragraphs
competitive products as a whole to fail public portions of these filings can be I. Introduction
to make the appropriate contribution to accessed via the Commission’s Web site
institutional costs. Request at 3. (http://www.prc.gov). On March 16, 2016, the Postal Service
The Postal Service included a The Commission appoints Katalin K. filed notice that it has entered into an
redacted version of the GEPS–NPR 10 Clendenin to serve as Public additional Global Expedited Package
model contract with the Request. Id. Representative in these dockets. Services 3 (GEPS 3) negotiated service
Attachment 4. The Postal Service agreement (Agreement).1
represents the GEPS–NPR 10 model III. Ordering Paragraphs To support its Notice, the Postal
contract is a slight modification of the It is ordered: Service filed a copy of the Agreement,
GEPS–NPR 9 model contract approved 1. The Commission establishes Docket a copy of the Governors’ Decision
Nos. MC2016–97 and CP2016–122 to authorizing the product, a certification
asabaliauskas on DSK3SPTVN1PROD with NOTICES
by the Commission in Order No. 2967.
See Request at 3. consider the matters raised in each of compliance with 39 U.S.C. 3633(a),
docket. and an application for non-public
3 The Postal Service claims it does not exercise 2. Pursuant to 39 U.S.C. 505, Katalin
sufficient market power to set the price of PMEI, K. Clendenin is appointed to serve as an 1 Notice of United States Postal Service of Filing
PMI, FCPIS, and GXG substantially above costs, officer of the Commission to represent a Functionally Equivalent Global Expedited
raise prices significantly, decrease quality, or Package Services 3 Negotiated Service Agreement
decrease output, without risk of losing a significant
the interests of the general public in and Application for Non-Public Treatment of
level of business to other firms offering similar these proceedings (Public Materials Filed Under Seal, March 16, 2016
products. Id. at 3–4; see 39 U.S.C. 3642(b). Representative). (Notice).
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![Federal Register / Vol. 81, No. 55 / Tuesday, March 22, 2016 / Notices 15357
treatment of certain materials. It also Request of the United States Postal are ‘‘qualified companies’’ for Canadian
filed supporting financial workpapers. Service to add Global Expedited retirement accounts are not registered
Package Services—Non-Published Rates under the U.S. securities laws.
II. Notice of Commission Action
10 (GEPS—NPR 10) to the Competitive Securities of those unregistered funds,
The Commission establishes Docket Products List, and Notice of Filing therefore, generally cannot be publicly
No. CP2016–125 for consideration of GEPS—NPR 10 Model Contract and offered and sold in the United States
matters raised by the Notice. Application for Non-Public Treatment without violating the registration
The Commission invites comments on of Materials Filed Under Seal. requirement of the Investment Company
whether the Postal Service’s filing is Documents are available at Act of 1940 (‘‘Investment Company
consistent with 39 U.S.C. 3632, 3633, or www.prc.gov, Docket Nos. MC2016–97 Act’’).1 As a result of this registration
3642, 39 CFR part 3015, and 39 CFR and CP2016–122. requirement, Canadian-U.S. Participants
part 3020, subpart B. Comments are due previously were not able to purchase or
no later than March 24, 2016. The Stanley F. Mires,
exchange securities for their Canadian
public portions of the filing can be Attorney, Federal Compliance. retirement accounts as needed to meet
accessed via the Commission’s Web site [FR Doc. 2016–06331 Filed 3–21–16; 8:45 am] their changing investment goals or
(http://www.prc.gov). BILLING CODE 7710–12–P income needs.
The Commission appoints Lyudmila The Commission issued a rulemaking
Y. Bzhilyanskaya to serve as Public in 2000 that enabled Canadian-U.S.
Representative in this docket. SECURITIES AND EXCHANGE Participants to manage the assets in
III. Ordering Paragraphs COMMISSION their Canadian retirement accounts by
[SEC File No. 270–464, OMB Control No. providing relief from the U.S.
It is ordered: registration requirements for offers of
1. The Commission establishes Docket 3235–0527]
securities of foreign issuers to Canadian-
No. CP2016–125 for consideration of the Proposed Collection; Comment U.S. Participants and sales to Canadian
matters raised by the Postal Service’s Request retirement accounts.2 Rule 7d–2 under
Notice. the Investment Company Act 3 permits
2. Pursuant to 39 U.S.C. 505, Upon Written Request, Copy Available foreign funds to offer securities to
Lyudmila Y. Bzhilyanskaya is appointed From: Securities and Exchange Canadian-U.S. Participants and sell
to serve as an officer of the Commission Commission, Office of FOIA Services, securities to Canadian retirement
to represent the interests of the general 100 F Street NE., Washington, DC accounts without registering as
public in this proceeding (Public 20549–2736. investment companies under the
Representative). Extension: Rule 7d–2. Investment Company Act.
3. Comments are due no later than
Notice is hereby given that, pursuant Rule 7d–2 contains a ‘‘collection of
March 24, 2016.
to the Paperwork Reduction Act of 1995 information’’ requirement within the
4. The Secretary shall arrange for
(44 U.S.C. 3501–3520), the Securities meaning of the Paperwork Reduction
publication of this order in the Federal
and Exchange Commission (the Act of 1995.4 Rule 7d–2 requires written
Register.
‘‘Commission’’) is soliciting comments offering materials for securities offered
By the Commission. or sold in reliance on that rule to
on the collection of information
Stacy L. Ruble, summarized below. The Commission disclose prominently that those
Secretary. plans to submit this existing collection securities and the fund issuing those
[FR Doc. 2016–06418 Filed 3–21–16; 8:45 am] of information to the Office of securities are not registered with the
BILLING CODE 7710–FW–P Management and Budget for extension Commission, and that those securities
and approval. and the fund issuing those securities are
In Canada, as in the United States, exempt from registration under U.S.
POSTAL SERVICE individuals can invest a portion of their securities laws. Rule 7d–2 does not
earnings in tax-deferred retirement require any documents to be filed with
International Product Change—Global savings accounts (‘‘Canadian retirement the Commission.
Expedited Package Services—Non- accounts’’). These accounts, which Rule 7d–2 requires written offering
Published Rates operate in a manner similar to documents for securities offered or sold
individual retirement accounts in the in reliance on the rule to disclose
AGENCY: Postal ServiceTM. prominently that the securities are not
United States, encourage retirement
ACTION: Notice. savings by permitting savings on a tax- registered with the Commission and
deferred basis. Individuals who may not be offered or sold in the United
SUMMARY: The Postal Service gives
establish Canadian retirement accounts States unless registered or exempt from
notice of filing a request with the Postal
Regulatory Commission to add Global while living and working in Canada and
1 15 U.S.C. 80a. In addition, the offering and
Expedited Package Services—Non- who later move to the United States
selling of securities that are not registered pursuant
Published Rates 10 (GEPS—NPR 10) to (‘‘Canadian-U.S. Participants’’ or to the Securities Act of 1933 (‘‘Securities Act’’) is
the Competitive Products List. ‘‘participants’’) often continue to hold generally prohibited by U.S. securities laws. 15
DATES: Effective date: March 22, 2016.
their retirement assets in their Canadian U.S.C. 77.
2 See Offer and Sale of Securities to Canadian
retirement accounts rather than
asabaliauskas on DSK3SPTVN1PROD with NOTICES
FOR FURTHER INFORMATION CONTACT: Tax-Deferred Retirement Savings Accounts, Release
prematurely withdrawing (or ‘‘cashing Nos. 33–7860, 34–42905, IC–24491 (June 7, 2000)
Christopher C. Meyerson, 202–268– out’’) those assets, which would result [65 FR 37672 (June 15, 2000)]. This rulemaking also
7820. in immediate taxation in Canada. included new rule 237 under the Securities Act,
SUPPLEMENTARY INFORMATION: The Once in the United States, however, permitting securities of foreign issuers to be offered
to Canadian-U.S. Participants and sold to Canadian
United States Postal Service® hereby these participants historically have been retirement accounts without being registered under
gives notice that, pursuant to 39 U.S.C. unable to manage their Canadian the Securities Act. 17 CFR 230.237.
3642, on March 15, 2016, it filed with retirement account investments. Most 3 17 CFR 270.7d–2.
the Postal Regulatory Commission a investment companies (‘‘funds’’) that 4 44 U.S.C. 3501–3502.
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Document Created: 2018-02-02 15:15:56
Document Modified: 2018-02-02 15:15:56
| 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: March 24, 2016. | |
| Contact | David A. Trissell, General Counsel, at 202-789-6820. | |
| FR Citation | 81 FR 15356 |
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