81_FR_65143 81 FR 64960 - Product Change-First-Class Package Service Negotiated Service Agreement

81 FR 64960 - Product Change-First-Class Package Service Negotiated Service Agreement

POSTAL SERVICE

Federal Register Volume 81, Issue 183 (September 21, 2016)

Page Range64960-64960
FR Document2016-22676

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 183 (Wednesday, September 21, 2016) 
[Federal Register Volume 81, Number 183 (Wednesday, September 21, 2016)]
[Notices]
[Page 64960]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-22676]


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POSTAL SERVICE


Product Change--First-Class Package Service Negotiated Service 
Agreement

AGENCY: Postal ServiceTM.

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: September 21, 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 
September 14, 2016, it filed with the Postal Regulatory Commission a 
Request of the United States Postal Service to Add First-Class Package 
Service Contract 62 to Competitive Product List. Documents are 
available at www.prc.gov, Docket Nos. MC2016-197, CP2016-281.

Stanley F. Mires,
Attorney, Federal Compliance.
[FR Doc. 2016-22676 Filed 9-20-16; 8:45 am]
 BILLING CODE 7710-12-P

64960 Federal Register / Vol. 81, No. 183 / Wednesday, September 21, 2016 / Notices 2016, it filed with the Postal Regulatory SUPPLEMENTARY INFORMATION: The published notice of filing of the Commission a Request of the United United States Postal Service® hereby proposed rule change in the Federal States Postal Service to Add Parcel gives notice that, pursuant to 39 U.S.C. Register on August 5, 2016.6 To date, Select Contract 17 to Competitive 3642 and 3632(b)(3), on September 14, the Commission has not received any Product List. Documents are available at 2016, it filed with the Postal Regulatory comment letters on the Exchange’s www.prc.gov, Docket Nos. MC2016–200, Commission a Request of the United proposed rule change. CP2016–284. States Postal Service to Add First-Class Pursuant to Section 19(b)(3)(C) of the Package Service Contract 62 to Act, the Commission is hereby: (1) Stanley F. Mires, Temporarily suspending the proposed Competitive Product List. Documents Attorney, Federal Compliance. rule change; and (2) instituting are available at www.prc.gov, Docket [FR Doc. 2016–22673 Filed 9–20–16; 8:45 am] Nos. MC2016–197, CP2016–281. proceedings to determine whether to BILLING CODE 7710–12–P approve or disapprove the proposal. Stanley F. Mires, Attorney, Federal Compliance. II. Summary of the Proposed Rule POSTAL SERVICE [FR Doc. 2016–22676 Filed 9–20–16; 8:45 am] Change BILLING CODE 7710–12–P Previously, BZX assessed a per- Product Change—Priority Mail contract ORF on each Member for all Negotiated Service Agreement ‘‘customer’’ range options transactions AGENCY: Postal ServiceTM. SECURITIES AND EXCHANGE executed or cleared by the Member, ACTION: Notice. COMMISSION regardless of the exchange on which the transaction occurred.7 In BatsBZX– SUMMARY: The Postal Service gives [Release No. 34–78849; File No. SR– 2016–42, BZX proposed to lower the BatsBZX–2016–42] amount of the ORF from $0.0010 to notice of filing a request with the Postal Regulatory Commission to add a Self-Regulatory Organizations; Bats $.0008 per contract side and also domestic shipping services contract to BZX Exchange, Inc.; Suspension of expanded its application to non- the list of Negotiated Service Members. Specifically, BZX proposed to and Order Instituting Proceedings To Agreements in the Mail Classification modify and expand the application of Determine Whether To Approve or Schedule’s Competitive Products List. its ORF to include all options Disapprove a Proposed Rule Change DATES: Effective date: September 21, transactions of any Member or non- To Modify the Options Regulatory Fee 2016. Member, regardless of the exchange on September 15, 2016. which such transaction occurs, that FOR FURTHER INFORMATION CONTACT: clear at the Options Clearing Elizabeth A. Reed, 202–268–3179. I. Introduction Corporation (‘‘OCC’’) in the ‘‘customer’’ SUPPLEMENTARY INFORMATION: The On July 20, 2016, Bats BZX Exchange, range.8 United States Postal Service® hereby Inc. (the ‘‘Exchange’’ or ‘‘BZX’’) filed In support of its proposal, the gives notice that, pursuant to 39 U.S.C. with the Securities and Exchange Exchange stated that expanding the 3642 and 3632(b)(3), on September 14, Commission (the ‘‘Commission’’), application of the ORF to non-Members 2016, it filed with the Postal Regulatory pursuant to Section 19(b)(1) of the would remove an incentive for Members Commission a Request of the United Securities Exchange Act of 1934 to clear their trades through non- States Postal Service to Add Priority (‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a Members to avoid the obligation to pay Mail Contract 239 to Competitive proposed rule change to modify the the ORF to BZX.9 The Exchange further Product List. Documents are available at Options Regulatory Fee (‘‘ORF’’).3 stated that applying the ORF to Member www.prc.gov, Docket Nos. MC2016–199, In its filing, BZX proposed to amend and non-Member customer transactions CP2016–283. the amount of its ORF and expand its would prevent options market Stanley F. Mires, application to non-Members.4 The participants from avoiding becoming a proposed rule change was immediately Member of BZX based on a desire to Attorney, Federal Compliance. effective upon filing with the avoid being assessed the ORF by BZX.10 [FR Doc. 2016–22674 Filed 9–20–16; 8:45 am] Commission pursuant to Section III. Suspension of the BZX Proposal BILLING CODE 7710–12–P 19(b)(3)(A) of the Act.5 The Commission Pursuant to Section 19(b)(3)(C) of the 1 15 U.S.C. 78s(b)(1). Act,11 at any time within 60 days of the POSTAL SERVICE 2 17 CFR 240.19b–4. 3 See Securities Exchange Act Release No. 78453 the proposed rule change was effective upon filing, Product Change—First-Class Package (August 1, 2016), 81 FR 51954, 51955 (August 5, BZX indicated that it would not implement the fee Service Negotiated Service Agreement 2016) (‘‘Notice’’). The ORF is designed to recover until August 1, 2016. See Notice, supra note 3, at a material portion of the costs to the Exchange for 51955. On August 22, 2016, the Exchange submitted AGENCY: Postal ServiceTM. the supervision and regulation of Members’ a proposed rule change to delay the implementation ACTION: Notice. customer options activity. The Exchange has of the modified ORF until February 1, 2017. See committed to monitor the amount of revenue Securities Exchange Act Release No. 78746 SUMMARY: The Postal Service gives collected from the ORF to ensure that it, in (September 1, 2016), 81 FR 62225 (September 8, combination with its other regulatory fees and fines, 2016) (SR–BatsBZX–2016–52). notice of filing a request with the Postal does not exceed the Exchange’s total regulatory 6 See Notice, supra note 3, at 51954. Regulatory Commission to add a costs. See id. at 51955. 7 See id. at 51955. domestic shipping services contract to 4 The term ‘‘Member’’ refers to ‘‘any registered 8 See id. Previously, BZX applied the ORF ‘‘to mstockstill on DSK3G9T082PROD with NOTICES the list of Negotiated Service broker or dealer that has been admitted to each Member for all options transactions executed membership in the Exchange.’’ See BZX Rule 1.5(n). and cleared, or simply cleared by the Member Agreements in the Mail Classification 5 15 U.S.C. 78s(b)(3)(A). A proposed rule change . . . .’’ As proposed, BZX deleted the reference to Schedule’s Competitive Products List. may take effect upon filing with the Commission if ‘‘executed’’ and instead applied the ORF to all DATES: Effective date: September 21, it is designated by the exchange as ‘‘establishing or trades from any Member or non-Member that clears in the ‘‘customer’’ range. 2016. changing a due, fee, or other charge imposed by the 9 See id. self-regulatory organization on any person, whether FOR FURTHER INFORMATION CONTACT: or not the person is a member of the self-regulatory 10 See id. Elizabeth A. Reed, 202–268–3179. organization.’’ 15 U.S.C. 78s(b)(3)(A)(ii). Although 11 15 U.S.C. 78s(b)(3)(C). VerDate Sep<11>2014 18:19 Sep 20, 2016 Jkt 238001 PO 00000 Frm 00092 Fmt 4703 Sfmt 4703 E:\FR\FM\21SEN1.SGM 21SEN1


Document Created: 2016-09-21 01:31:14
Document Modified: 2016-09-21 01:31:14
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.
ContactElizabeth A. Reed, 202-268-3179.
FR Citation81 FR 64960 
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