81 FR 27178 - Product Change-Priority Mail Negotiated Service Agreement

POSTAL SERVICE

Federal Register Volume 81, Issue 87 (May 5, 2016)

Page Range		27178-27178
FR Document		2016-10498

The Postal Service gives notice of filing a request with the Postal Regulatory Commission to add a domestic shipping services contract to the list of Negotiated Service Agreements in the Mail Classification Schedule's Competitive Products List.

Federal Register, Volume 81 Issue 87 (Thursday, May 5, 2016)

[Federal Register Volume 81, Number 87 (Thursday, May 5, 2016)]
[Notices]
[Page 27178]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-10498]


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POSTAL SERVICE


Product Change--Priority Mail Negotiated Service Agreement

AGENCY: Postal Service^TM.

ACTION: Notice.

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SUMMARY: The Postal Service gives notice of filing a request with the 
Postal Regulatory Commission to add a domestic shipping services 
contract to the list of Negotiated Service Agreements in the Mail 
Classification Schedule's Competitive Products List.

DATES: Effective Date: May 5, 2016.

FOR FURTHER INFORMATION CONTACT: Elizabeth A. Reed, 202-268-3179.

SUPPLEMENTARY INFORMATION: The United States Postal Service[supreg] 
hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on 
April 29, 2016, it filed with the Postal Regulatory Commission a 
Request of the United States Postal Service to Add Priority Mail 
Contract 209 to Competitive Product List. Documents are available at 
www.prc.gov, Docket Nos. MC2016-124, CP2016-158.

Stanley F. Mires,
Attorney, Federal Compliance.
[FR Doc. 2016-10498 Filed 5-4-16; 8:45 am]
 BILLING CODE 7710-12-P

27178 Federal Register / Vol. 81, No. 87 / Thursday, May 5, 2016 / Notices

Mail Contract 212 to Competitive Dated: April 29, 2016. A. Self-Regulatory Organization’s
Product List. Documents are available at Brent J. Fields, Statement of the Purpose of, and the
www.prc.gov, Docket Nos. MC2016–127, Secretary. Statutory Basis for, the Proposed Rule
CP2016–161. [FR Doc. 2016–10474 Filed 5–3–16; 11:15 am] Change
Stanley F. Mires, BILLING CODE 8011–01–P 1. Purpose
Attorney, Federal Compliance. The Exchange is proposing to amend
[FR Doc. 2016–10485 Filed 5–4–16; 8:45 am]
SECURITIES AND EXCHANGE Rule 6.61 regarding price protection for
BILLING CODE 7710–12–P
COMMISSION Market Maker quotes.
Rule 6.61 provides two layers of price
protection to incoming Market Maker
POSTAL SERVICE [Release No. 34–77748; File No. SR– quotes, rejecting those Market Maker
NYSEARCA–2016–57] quotes that exceed certain parameters,
Product Change—Priority Mail as a risk mitigation tool.4 The Exchange
Negotiated Service Agreement Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Filing and proposes to modify Rule 6.61(a)(2) and
AGENCY: Postal ServiceTM. (3), which relates to the second layer of
Immediate Effectiveness of Proposed
protection, the ‘‘Underlying Price
ACTION: Notice. Rule Change Amending Rule 6.61
Check,’’ which assesses the price of call
Regarding Price Protection for Market
SUMMARY: The Postal Service gives or put bids against a specified
Maker Quotes
notice of filing a request with the Postal benchmark. The Underlying Price Check
Regulatory Commission to add a April 29, 2016. applies to bids in call options or put
domestic shipping services contract to options when (1) there is no NBBO
Pursuant to Section 19(b)(1) 1 of the
the list of Negotiated Service available, for example, during pre-
Securities Exchange Act of 1934 (the
Agreements in the Mail Classification opening or prior to conducting a re-
‘‘Act’’) 2 and Rule 19b-4 thereunder,3
Schedule’s Competitive Products List. opening after a trading halt, or (2) if the
notice is hereby given that, on April 27,
DATES: Effective Date: May 5, 2016.
NBBO is so wide as to not reflect an
2016, NYSE Arca, Inc. (the ‘‘Exchange’’
appropriate price for the respective
FOR FURTHER INFORMATION CONTACT: or ‘‘NYSE Arca’’) filed with the
options series.5
Elizabeth A. Reed, 202–268–3179. Securities and Exchange Commission To date, the Exchange has not
SUPPLEMENTARY INFORMATION: The (the ‘‘Commission’’) the proposed rule implemented the Underlying Price
United States Postal Service® hereby change as described in Items I and II Check because of technological issues
gives notice that, pursuant to 39 U.S.C. below, which Items have been prepared discovered shortly after the Exchange
3642 and 3632(b)(3), on April 29, 2016, by the self-regulatory organization. The adopted the rule. However, the
it filed with the Postal Regulatory Commission is publishing this notice to Exchange has finalized the technology
Commission a Request of the United solicit comments on the proposed rule related to this aspect of the Rule and
States Postal Service to Add Priority change from interested persons. proposes to modify the Rule as it relates
Mail Contract 209 to Competitive I. Self-Regulatory Organization’s to the Underlying Price Check.6
Product List. Documents are available at Statement of the Terms of Substance of Specifically, the Exchange proposes to
www.prc.gov, Docket Nos. MC2016–124, the Proposed Rule Change exclude certain securities that do not
CP2016–158. have reliable (or, in some cases, any
The Exchange proposes to amend available) underlying consolidated last
Stanley F. Mires,
Rule 6.61 regarding price protection for sale information (‘‘last sale’’) against
Attorney, Federal Compliance. Market Maker quotes. The proposed rule
[FR Doc. 2016–10498 Filed 5–4–16; 8:45 am] change is available on the Exchange’s 4 The first layer of protection, referred to as the

BILLING CODE 7710–12–P Web site at www.nyse.com, at the NBBO Reasonability Check, assesses incoming sell
quotes against the National Best Bid (‘‘NBB’’) and
principal office of the Exchange, and at incoming buy quotes against the National Best Offer
the Commission’s Public Reference (‘‘NBO’’). Specifically, per Rule 6.61(a)(1), provided
SECURITIES AND EXCHANGE Room. that an NBBO is available, a Market Maker quote
COMMISSION would be rejected if it is priced a specified dollar
II. Self-Regulatory Organization’s amount or percentage through the contra-side
Sunshine Act Meeting; Additional Item Statement of the Purpose of, and NBBO. The Exchange has implemented the NBBO
Statutory Basis for, the Proposed Rule Reasonability Check and does not propose to
modify rule text related to this feature.
FEDERAL REGISTER CITATION OF PREVIOUS Change 5 See Rule 6.61, Commentary .01 (directing OTP
ANNOUNCEMENT: 81 FR 26600, May 3, Holders and OTP Firms to consult Trader Updates
2016. In its filing with the Commission, the for additional information regarding the
self-regulatory organization included implementation schedule for paragraphs (a)(2) and
PREVIOUSLY ANNOUNCED TIME AND DATE OF
statements concerning the purpose of, (a)(3) of the Rule, with final implementation of such
THE MEETING: Thursday, May 5, 2016 at paragraphs to be completed by no later than July
and basis for, the proposed rule change
2 p.m. 31, 2016).
and discussed any comments it received
CHANGES IN THE MEETING: The following on the proposed rule change. The text
6 See Securities Exchange Act Release No. 74441

matter will also be considered during (March 4, 2015), 80 FR 12664 (March 10, 2015) (SR–
of those statements may be examined at NYSEArca–2014–150) (Approval Order); see also
the 2 p.m. closed meeting scheduled for the places specified in Item IV below. Securities Exchange Act Release No. 74018 (January
Thursday, May 5, 2016: 8, 2015), 80 FR 1982 (January 14, 2015) (SR–
mstockstill on DSK3G9T082PROD with NOTICES

The Exchange has prepared summaries,
Adjudicatory matter NYSEArca-2014–150) (Notice). See also Securities
set forth in sections A, B, and C below, Exchange Act Release Nos. 75156 (June 11, 2015),
CONTACT PERSON FOR MORE INFORMATION: of the most significant parts of such 80 FR 34756 (June 17, 2015) (SR–NYSEArca-2015–
For further information and to ascertain statements. 45) (modifying rule related to the Underlying Price
what, if any, matters have been added, Check to allow for implementation of the feature by
March 4, 2016); 77357 (March 14, 2016), 81 FR
deleted or postponed, please contact 1 15 U.S.C.78s(b)(1). 14912 (March 18, 2015) (SR–NYSEArca–2016–41)
Brent J. Fields, Secretary, Office of the 2 15 U.S.C. 78a. (extending March 4, 2016 deadline until July 31,
Secretary at (202) 551–5400. 3 17 CFR 240.19b–4. 2016).

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Document Created: 2016-05-05 01:15:23
Document Modified: 2016-05-05 01:15:23

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.
Contact		Elizabeth A. Reed, 202-268-3179.
FR Citation		81 FR 27178