81_FR_20069 81 FR 20003 - New Postal Product

81 FR 20003 - New Postal Product

POSTAL REGULATORY COMMISSION

Federal Register Volume 81, Issue 66 (April 6, 2016)

Page Range20003-20004
FR Document2016-07878

The Commission is noticing a recent Postal Service filing concerning notice to enter into an additional Global Expedited Package Services 3 negotiated service agreement. This notice informs the public of the filing, invites public comment, and takes other administrative steps.

Federal Register, Volume 81 Issue 66 (Wednesday, April 6, 2016)
[Federal Register Volume 81, Number 66 (Wednesday, April 6, 2016)]
[Notices]
[Pages 20003-20004]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-07878]


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POSTAL REGULATORY COMMISSION

[Docket Nos. CP2016-144; Order No. 3211]


New Postal Product

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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SUMMARY: The Commission is noticing a recent Postal Service filing 
concerning notice to enter into an additional Global Expedited Package 
Services 3 negotiated service agreement. This notice informs the public 
of the filing, invites public comment, and takes other administrative 
steps.

[[Page 20004]]


DATES: Comments are due: April 8, 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 Commission Action
III. Ordering Paragraphs

I. Introduction

    On March 31, 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 31, 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 treatment of certain materials. It also filed supporting 
financial workpapers.

II. Notice of Commission Action

    The Commission establishes Docket No. CP2016-144 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 
April 8, 2016. The public portions of the filing can be accessed via 
the Commission's Web site (http://www.prc.gov).
    The Commission appoints Jennaca D. Upperman to serve as Public 
Representative in this docket.

III. Ordering Paragraphs

    It is ordered:
    1. The Commission establishes Docket No. CP2016-144 for 
consideration of the matters raised by the Postal Service's Notice.
    2. Pursuant to 39 U.S.C. 505, Jennaca D. Upperman 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 April 8, 2016.
    4. The Secretary shall arrange for publication of this order in the 
Federal Register.

    By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2016-07878 Filed 4-5-16; 8:45 am]
 BILLING CODE 7710-FW-P



                                                                                  Federal Register / Vol. 81, No. 66 / Wednesday, April 6, 2016 / Notices                                                  20003

                                                    Filing Online system at http://                           1. The Commission establishes Docket                    To support its Notice, the Postal
                                                    www.prc.gov. Those who cannot submit                    Nos. MC2016–115 and CP2016–146 to                      Service filed a copy of the Agreement,
                                                    comments electronically should contact                  consider the matters raised in each                    a copy of the Governors’ Decision
                                                    the person identified in the FOR FURTHER                docket.                                                authorizing the product, a certification
                                                    INFORMATION CONTACT section by                            2. Pursuant to 39 U.S.C. 505, Kenneth                of compliance with 39 U.S.C. 3633(a),
                                                    telephone for advice on filing                          R. Moeller is appointed to serve as an                 and an application for non-public
                                                    alternatives.                                           officer of the Commission to represent                 treatment of certain materials. It also
                                                    FOR FURTHER INFORMATION CONTACT:                        the interests of the general public in                 filed supporting financial workpapers.
                                                    David A. Trissell, General Counsel, at                  these proceedings (Public
                                                                                                                                                                   II. Notice of Commission Action
                                                    202–789–6820.                                           Representative).
                                                                                                              3. Comments are due no later than                       The Commission establishes Docket
                                                    SUPPLEMENTARY INFORMATION:                                                                                     No. CP2016–142 for consideration of
                                                                                                            April 8, 2016.
                                                    Table of Contents                                         4. The Secretary shall arrange for                   matters raised by the Notice.
                                                                                                            publication of this order in the Federal                  The Commission invites comments on
                                                    I. Introduction                                                                                                whether the Postal Service’s filing is
                                                    II. Notice of Commission Action                         Register.
                                                    III. Ordering Paragraphs                                                                                       consistent with 39 U.S.C. 3632, 3633, or
                                                                                                              By the Commission.
                                                                                                                                                                   3642, 39 CFR part 3015, and 39 CFR
                                                    I. Introduction                                         Stacy L. Ruble,                                        part 3020, subpart B. Comments are due
                                                                                                            Secretary.                                             no later than April 8, 2016. The public
                                                       In accordance with 39 U.S.C. 3642
                                                                                                            [FR Doc. 2016–07870 Filed 4–5–16; 8:45 am]             portions of the filing can be accessed via
                                                    and 39 CFR 3020.30–.35, the Postal
                                                    Service filed a formal request and                      BILLING CODE 7710–FW–P                                 the Commission’s Web site (http://
                                                    associated supporting information to                                                                           www.prc.gov).
                                                    add Priority Mail Contract 205 to the                                                                             The Commission appoints Katalin K.
                                                    competitive product list.1                              POSTAL REGULATORY COMMISSION                           Clendenin to serve as Public
                                                       The Postal Service                                   [Docket Nos. CP2016–142; Order No. 3205]               Representative in this docket.
                                                    contemporaneously filed a redacted                                                                             III. Ordering Paragraphs
                                                    contract related to the proposed new                    New Postal Product
                                                    product under 39 U.S.C. 3632(b)(3) and                                                                            It is ordered:
                                                                                                            AGENCY:   Postal Regulatory Commission.                   1. The Commission establishes Docket
                                                    39 CFR 3015.5. Request, Attachment B.
                                                       To support its Request, the Postal                   ACTION:   Notice.                                      No. CP2016–142 for consideration of the
                                                    Service filed a copy of the contract, a                                                                        matters raised by the Postal Service’s
                                                                                                            SUMMARY:   The Commission is noticing a                Notice.
                                                    copy of the Governors’ Decision                         recent Postal Service filing concerning                   2. Pursuant to 39 U.S.C. 505, Katalin
                                                    authorizing the product, proposed                       notice to enter into an additional Global              K. Clendenin is appointed to serve as an
                                                    changes to the Mail Classification                      Expedited Package Services 3 negotiated                officer of the Commission to represent
                                                    Schedule, a Statement of Supporting                     service agreement. This notice informs                 the interests of the general public in this
                                                    Justification, a certification of                       the public of the filing, invites public               proceeding (Public Representative).
                                                    compliance with 39 U.S.C. 3633(a), and                  comment, and takes other                                  3. Comments are due no later than
                                                    an application for non-public treatment                 administrative steps.                                  April 8, 2016.
                                                    of certain materials. It also filed                                                                               4. The Secretary shall arrange for
                                                                                                            DATES: Comments are due: April 8,
                                                    supporting financial workpapers.                                                                               publication of this order in the Federal
                                                                                                            2016.
                                                    II. Notice of Commission Action                                                                                Register.
                                                                                                            ADDRESSES:   Submit comments
                                                       The Commission establishes Docket                    electronically via the Commission’s                      By the Commission.
                                                    Nos. MC2016–115 and CP2016–146 to                       Filing Online system at http://                        Stacy L. Ruble,
                                                    consider the Request pertaining to the                  www.prc.gov. Those who cannot submit                   Secretary.
                                                    proposed Priority Mail Contract 205                     comments electronically should contact                 [FR Doc. 2016–07862 Filed 4–5–16; 8:45 am]
                                                    product and the related contract,                       the person identified in the FOR FURTHER               BILLING CODE 7710–FW–P
                                                    respectively.                                           INFORMATION CONTACT section by
                                                       The Commission invites comments on                   telephone for advice on filing
                                                    whether the Postal Service’s filings in                 alternatives.                                          POSTAL REGULATORY COMMISSION
                                                    the captioned dockets are consistent
                                                                                                            FOR FURTHER INFORMATION CONTACT:                       [Docket Nos. CP2016–144; Order No. 3211]
                                                    with the policies of 39 U.S.C. 3632,
                                                                                                            David A. Trissell, General Counsel, at
                                                    3633, or 3642, 39 CFR part 3015, and 39                                                                        New Postal Product
                                                                                                            202–789–6820.
                                                    CFR part 3020, subpart B. Comments are
                                                                                                            SUPPLEMENTARY INFORMATION:                             AGENCY:   Postal Regulatory Commission.
                                                    due no later than April 8, 2016. The
                                                    public portions of these filings can be                 Table of Contents                                      ACTION:   Notice.
                                                    accessed via the Commission’s Web site
                                                                                                            I. Introduction                                        SUMMARY:   The Commission is noticing a
                                                    (http://www.prc.gov).                                   II. Notice of Commission Action
                                                       The Commission appoints Kenneth R.                                                                          recent Postal Service filing concerning
                                                                                                            III. Ordering Paragraphs                               notice to enter into an additional Global
                                                    Moeller to serve as Public
                                                    Representative in these dockets.                        I. Introduction                                        Expedited Package Services 3 negotiated
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                                                                                                                                   service agreement. This notice informs
                                                    III. Ordering Paragraphs                                   On March 31, 2016, the Postal Service               the public of the filing, invites public
                                                                                                            filed notice that it has entered into an               comment, and takes other
                                                       It is ordered:
                                                                                                            additional Global Expedited Package                    administrative steps.
                                                      1 Request of the United States Postal Service to
                                                                                                            Services 3 (GEPS 3) negotiated service
                                                    Add Priority Mail Contract 205 to Competitive           agreement (Agreement).1                                Package Services 3 Negotiated Service Agreement
                                                    Product List and Notice of Filing (Under Seal) of                                                              and Application for Non-Public Treatment of
                                                    Unredacted Governors’ Decision, Contract, and             1 Notice of United States Postal Service of Filing   Materials Filed Under Seal, March 31, 2016
                                                    Supporting Data, March 31, 2016 (Request).              a Functionally Equivalent Global Expedited             (Notice).



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                                                    20004                          Federal Register / Vol. 81, No. 66 / Wednesday, April 6, 2016 / Notices

                                                    DATES:   Comments are due: April 8,                     the interests of the general public in this            the places specified in Item IV below.
                                                    2016.                                                   proceeding (Public Representative).                    The self-regulatory organization has
                                                    ADDRESSES:   Submit comments                              3. Comments are due no later than                    prepared summaries, set forth in
                                                    electronically via the Commission’s                     April 8, 2016.                                         sections A, B and C below, of the most
                                                    Filing Online system at http://                           4. The Secretary shall arrange for                   significant aspects of such statements.
                                                    www.prc.gov. Those who cannot submit                    publication of this order in the Federal
                                                                                                                                                                   A. Self-Regulatory Organization’s
                                                    comments electronically should contact                  Register.
                                                                                                                                                                   Statement of the Purpose of, and
                                                    the person identified in the FOR FURTHER                  By the Commission.                                   Statutory Basis for, the Proposed Rule
                                                    INFORMATION CONTACT section by                          Stacy L. Ruble,                                        Change
                                                    telephone for advice on filing                          Secretary.
                                                                                                                                                                   1. Purpose
                                                    alternatives.                                           [FR Doc. 2016–07878 Filed 4–5–16; 8:45 am]
                                                                                                                                                                      The purpose of the proposed rule
                                                    FOR FURTHER INFORMATION CONTACT:                        BILLING CODE 7710–FW–P
                                                                                                                                                                   change is to introduce new risk
                                                    David A. Trissell, General Counsel, at                                                                         protections for orders designed to aid
                                                    202–789–6820.                                                                                                  members in their risk management by
                                                    SUPPLEMENTARY INFORMATION:                              SECURITIES AND EXCHANGE                                supplementing current price
                                                                                                            COMMISSION                                             reasonability checks with activity based
                                                    Table of Contents
                                                                                                            [Release No. 34–77489; File No. SR–ISE–                order protections.3 In particular, the
                                                    I. Introduction                                         2016–08]                                               Exchange proposes to introduce two
                                                    II. Notice of Commission Action                                                                                activity based risk protections that will
                                                    III. Ordering Paragraphs                                Self-Regulatory Organizations;                         be mandatory for all members: (1) The
                                                    I. Introduction                                         International Securities Exchange,                     ‘‘Order Entry Rate Protection,’’ which
                                                                                                            LLC; Notice of Filing of Proposed Rule                 protects members against entering
                                                       On March 31, 2016, the Postal Service                Change Related to Market Wide Risk
                                                    filed notice that it has entered into an                                                                       orders at a rate that exceeds predefined
                                                                                                            Protection                                             thresholds,4 and (2) the ‘‘Order
                                                    additional Global Expedited Package
                                                    Services 3 (GEPS 3) negotiated service                  March 31, 2016.
                                                                                                                                                                   Execution Rate Protection,’’ which
                                                                                                                                                                   protects members against executing
                                                    agreement (Agreement).1                                    Pursuant to Section 19(b)(1) of the
                                                                                                                                                                   orders at a rate that exceeds their
                                                       To support its Notice, the Postal                    Securities Exchange Act of 1934
                                                                                                                                                                   predefined risk settings. Both of these
                                                    Service filed a copy of the Agreement,                  (‘‘Act’’),1 and Rule 19b–4 thereunder,2
                                                                                                                                                                   risk protections are detailed in Proposed
                                                    a copy of the Governors’ Decision                       notice is hereby given that, on March
                                                                                                                                                                   Rule 714(d), ‘‘Market Wide Risk
                                                    authorizing the product, a certification                17, 2016, the International Securities                 Protection.’’ 5 The Exchange will
                                                    of compliance with 39 U.S.C. 3633(a),                   Exchange, LLC (the ‘‘Exchange’’ or                     announce the implementation date of
                                                    and an application for non-public                       ‘‘ISE’’) filed with the Securities and                 the Market Wide Risk Protection in a
                                                    treatment of certain materials. It also                 Exchange Commission (‘‘Commission’’)                   circular to be distributed to members
                                                    filed supporting financial workpapers.                  the proposed rule change, as described                 prior to implementation.
                                                    II. Notice of Commission Action                         in Items I, II, and III below, which Items                Pursuant to the proposed Market
                                                                                                            have been prepared by the self-                        Wide Risk Protection rule, the
                                                      The Commission establishes Docket                     regulatory organization. The                           Exchange’s trading system (the
                                                    No. CP2016–144 for consideration of                     Commission is publishing this notice to                ‘‘System’’) will maintain one or more
                                                    matters raised by the Notice.                           solicit comments on the proposed rule                  counting programs on behalf of each
                                                      The Commission invites comments on                    change from interested persons.                        member that will count the number of
                                                    whether the Postal Service’s filing is                                                                         orders entered, and the number of
                                                    consistent with 39 U.S.C. 3632, 3633, or                I. Self-Regulatory Organization’s
                                                                                                            Statement of the Terms of Substance of                 contracts traded on ISE or, if chosen by
                                                    3642, 39 CFR part 3015, and 39 CFR                                                                             the member,6 across both ISE and ISE’s
                                                    part 3020, subpart B. Comments are due                  the Proposed Rule Change
                                                                                                                                                                   affiliate, ISE Gemini, LLC (‘‘ISE
                                                    no later than April 8, 2016. The public                   The Exchange proposes to introduce                   Gemini’’), which shares a trading system
                                                    portions of the filing can be accessed via              new activity based order protections as                with ISE. Members can use multiple
                                                    the Commission’s Web site (http://                      described in more detail below. The text               counting programs to separate risk
                                                    www.prc.gov).                                           of the proposed rule change is available               protections for different groups
                                                      The Commission appoints Jennaca D.                    on the Exchange’s Web site (http://                    established within the member.7 The
                                                    Upperman to serve as Public                             www.ise.com), at the principal office of
                                                    Representative in this docket.                          the Exchange, and at the Commission’s                     3 The Exchange provides members with limit


                                                    III. Ordering Paragraphs                                Public Reference Room.                                 order price protections designed to prevent
                                                                                                                                                                   erroneous executions by rejecting orders priced too
                                                      It is ordered:                                        II. Self-Regulatory Organization’s                     far through the market. See Rule 714(b)(2).
                                                      1. The Commission establishes Docket                  Statement of the Purpose of, and                          4 The Exchange will determine when to initiate

                                                                                                            Statutory Basis for, the Proposed Rule                 the Order Entry Rate Protection pre-open to allow
                                                    No. CP2016–144 for consideration of the                                                                        members time to load their orders without
                                                    matters raised by the Postal Service’s                  Change                                                 inadvertently triggering the protection. The precise
                                                    Notice.                                                   In its filing with the Commission, the               time will be established by the Exchange and
                                                      2. Pursuant to 39 U.S.C. 505, Jennaca                                                                        communicated to members via circular prior to
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                                                                            self-regulatory organization included                  implementation.
                                                    D. Upperman is appointed to serve as an                 statements concerning the purpose of,                     5 The term ‘‘Market Wide Risk Protection’’
                                                    officer of the Commission to represent                  and basis for, the proposed rule change                includes both the ‘‘Order Entry Rate Protection’’
                                                                                                            and discussed any comments it received                 and the ‘‘Order Execution Rate Protection.’’
                                                      1 Notice of United States Postal Service of Filing                                                              6 Members will have the option to set different
                                                                                                            on the proposed rule change. The text
                                                    a Functionally Equivalent Global Expedited                                                                     risk parameters for their trading activity on each
                                                    Package Services 3 Negotiated Service Agreement
                                                                                                            of these statements may be examined at                 exchange, or set risk parameters that apply to their
                                                    and Application for Non-Public Treatment of                                                                    trading across both ISE and ISE Gemini, if desired.
                                                                                                              1 15   U.S.C. 78s(b)(1).
                                                    Materials Filed Under Seal, March 31, 2016                                                                        7 The Exchange will explain how members can go

                                                    (Notice).                                                 2 17   CFR 240.19b–4.                                about setting up risk protections for different groups



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Document Created: 2018-02-07 13:52:03
Document Modified: 2018-02-07 13:52:03
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: April 8, 2016.
ContactDavid A. Trissell, General Counsel, at 202-789-6820.
FR Citation81 FR 20003 

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