82_FR_10444 82 FR 10417 - Product Change-Priority Mail Negotiated Service Agreement

82 FR 10417 - Product Change-Priority Mail Negotiated Service Agreement

POSTAL SERVICE

Federal Register Volume 82, Issue 27 (February 10, 2017)

Page Range10417-10417
FR Document2017-02743

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 82 Issue 27 (Friday, February 10, 2017)
[Federal Register Volume 82, Number 27 (Friday, February 10, 2017)]
[Notices]
[Page 10417]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-02743]


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POSTAL SERVICE


Product Change--Priority Mail 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: February 10, 2017.

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 
February 3, 2017, it filed with the Postal Regulatory Commission a 
Request of the United States Postal Service to Add Priority Mail 
Contract 292 to Competitive Product List. Documents are available at 
www.prc.gov, Docket Nos. MC2017-86, CP2017-115.

Stanley F. Mires,
Attorney, Federal Compliance.
[FR Doc. 2017-02743 Filed 2-9-17; 8:45 am]
BILLING CODE 7710-12-P



                                                                                Federal Register / Vol. 82, No. 27 / Friday, February 10, 2017 / Notices                                                 10417

                                                  gives notice that, pursuant to 39 U.S.C.                (‘‘MIAX’’), MIAX PEARL, LLC (‘‘MIAX                   examining authority (‘‘DEA’’) to
                                                  3642 and 3632(b)(3), on February 3,                     PEARL’’), and the Financial Industry                  examine common members for
                                                  2017, it filed with the Postal Regulatory               Regulatory Authority, Inc. (‘‘FINRA’’)                compliance with the financial
                                                  Commission a Request of the United                      (collectively, the ‘‘Parties’’) filed with            responsibility requirements imposed by
                                                  States Postal Service to Add Priority                   the Securities and Exchange                           the Act, or by Commission or SRO
                                                  Mail Contract 290 to Competitive                        Commission (‘‘Commission’’ or ‘‘SEC’’)                rules.7 When an SRO has been named as
                                                  Product List. Documents are available at                an amended plan for the allocation of                 a common member’s DEA, all other
                                                  www.prc.gov, Docket Nos. MC2017–84,                     regulatory responsibilities, dated                    SROs to which the common member
                                                  CP2017–113.                                             January 11, 2017 (‘‘Amended 17d–2                     belongs are relieved of the responsibility
                                                                                                          Plan’’ or the ‘‘Amended Plan’’). The                  to examine the firm for compliance with
                                                  Stanley F. Mires,                                       Amended Plan was published for                        the applicable financial responsibility
                                                  Attorney, Federal Compliance.                           comment on January 19, 2017.1 The                     rules. On its face, Rule 17d–1 deals only
                                                  [FR Doc. 2017–02745 Filed 2–9–17; 8:45 am]              Commission received no comments on                    with an SRO’s obligations to enforce
                                                  BILLING CODE 7710–12–P                                  the Amended Plan. This order approves                 member compliance with financial
                                                                                                          and declares effective the Amended                    responsibility requirements. Rule 17d–1
                                                                                                          Plan.                                                 does not relieve an SRO from its
                                                  POSTAL SERVICE                                                                                                obligation to examine a common
                                                                                                          I. Introduction
                                                                                                                                                                member for compliance with its own
                                                  Product Change—Priority Mail                               Section 19(g)(1) of the Securities                 rules and provisions of the federal
                                                  Negotiated Service Agreement                            Exchange Act of 1934 (‘‘Act’’),2 among                securities laws governing matters other
                                                  AGENCY:   Postal ServiceTM.                             other things, requires every self-                    than financial responsibility, including
                                                                                                          regulatory organization (‘‘SRO’’)                     sales practices and trading activities and
                                                  ACTION:   Notice.                                       registered as either a national securities            practices.
                                                  SUMMARY:    The Postal Service gives                    exchange or national securities                         To address regulatory duplication in
                                                  notice of filing a request with the Postal              association to examine for, and enforce               these and other areas, the Commission
                                                  Regulatory Commission to add a                          compliance by, its members and persons                adopted Rule 17d–2 under the Act.8
                                                  domestic shipping services contract to                  associated with its members with the                  Rule 17d–2 permits SROs to propose
                                                  the list of Negotiated Service                          Act, the rules and regulations                        joint plans for the allocation of
                                                  Agreements in the Mail Classification                   thereunder, and the SRO’s own rules,                  regulatory responsibilities with respect
                                                  Schedule’s Competitive Products List.                   unless the SRO is relieved of this                    to their common members. Under
                                                                                                          responsibility pursuant to Section 17(d)              paragraph (c) of Rule 17d–2, the
                                                  DATES: Effective date: February 10, 2017.
                                                                                                          or Section 19(g)(2) of the Act.3 Without              Commission may declare such a plan
                                                  FOR FURTHER INFORMATION CONTACT:                        this relief, the statutory obligation of              effective if, after providing for
                                                  Elizabeth A. Reed, 202–268–3179.                        each individual SRO could result in a                 appropriate notice and comment, it
                                                  SUPPLEMENTARY INFORMATION: The                          pattern of multiple examinations of                   determines that the plan is necessary or
                                                  United States Postal Service® hereby                    broker-dealers that maintain                          appropriate in the public interest and
                                                  gives notice that, pursuant to 39 U.S.C.                memberships in more than one SRO                      for the protection of investors; to foster
                                                  3642 and 3632(b)(3), on February 3,                     (‘‘Common Members’’). Such regulatory                 cooperation and coordination among the
                                                  2017, it filed with the Postal Regulatory               duplication would add unnecessary                     SROs; to remove impediments to, and
                                                  Commission a Request of the United                      expenses for common members and                       foster the development of, a national
                                                  States Postal Service to Add Priority                   their SROs.                                           market system and a national clearance
                                                  Mail Contract 292 to Competitive                           Section 17(d)(1) of the Act 4 was                  and settlement system; and is in
                                                  Product List. Documents are available at                intended, in part, to eliminate                       conformity with the factors set forth in
                                                  www.prc.gov, Docket Nos. MC2017–86,                     unnecessary multiple examinations and                 Section 17(d) of the Act. Commission
                                                  CP2017–115.                                             regulatory duplication.5 With respect to              approval of a plan filed pursuant to Rule
                                                                                                          a common member, Section 17(d)(1)                     17d–2 relieves an SRO of those
                                                  Stanley F. Mires,
                                                                                                          authorizes the Commission, by rule or                 regulatory responsibilities allocated by
                                                  Attorney, Federal Compliance.                           order, to relieve an SRO of the
                                                  [FR Doc. 2017–02743 Filed 2–9–17; 8:45 am]
                                                                                                                                                                the plan to another SRO.
                                                                                                          responsibility to receive regulatory
                                                  BILLING CODE 7710–12–P                                  reports, to examine for and enforce                   II. Proposed Amended Plan
                                                                                                          compliance with applicable statutes,                     On November 19, 2014, the
                                                                                                          rules, and regulations, or to perform                 Commission declared effective the Plan
                                                  SECURITIES AND EXCHANGE                                 other specified regulatory functions.                 entered into between FINRA and MIAX
                                                  COMMISSION                                                 To implement Section 17(d)(1), the                 for allocating regulatory responsibility
                                                                                                          Commission adopted two rules: Rule                    pursuant to Rule 17d–2.9 The Plan is
                                                  [Release No. 34–79974; File No. 4–678]
                                                                                                          17d–1 and Rule 17d–2 under the Act.6                  intended to reduce regulatory
                                                  Program for Allocation of Regulatory                    Rule 17d–1 authorizes the Commission                  duplication for firms that are common
                                                  Responsibilities Pursuant to Rule 17d–                  to name a single SRO as the designated                members of both MIAX and FINRA. The
                                                  2; Order Approving and Declaring                           1 See Securities Exchange Act Release No. 79779
                                                                                                                                                                plan reduces regulatory duplication for
                                                  Effective a Proposed Amended Plan                       (January 12, 2017), 82 FR 6674 (January 19, 2017).
                                                                                                                                                                firms that are members of MIAX and
                                                  for the Allocation of Regulatory                           2 15 U.S.C. 78s(g)(1).                             FINRA by allocating regulatory
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                                                  Responsibilities Among the Financial                       3 15 U.S.C. 78q(d) and 15 U.S.C. 78s(g)(2),

                                                  Industry Regulatory Authority, Inc.,                    respectively.                                           7 See Securities Exchange Act Release No. 12352

                                                  Miami International Securities                             4 15 U.S.C. 78q(d)(1).                             (April 20, 1976), 41 FR 18808 (May 7, 1976).
                                                                                                             5 See Securities Act Amendments of 1975, Report      8 See Securities Exchange Act Release No. 12935
                                                  Exchange, LLC, and MIAX PEARL, LLC                      of the Senate Committee on Banking, Housing, and      (October 28, 1976), 41 FR 49091 (November 8,
                                                                                                          Urban Affairs to Accompany S. 249, S. Rep. No. 94–    1976).
                                                  February 6, 2017.                                       75, 94th Cong., 1st Session 32 (1975).                  9 See Securities Exchange Act Release No. 73641
                                                    On January 12, 2017, Miami                               6 17 CFR 240.17d–1 and 17 CFR 240.17d–2,           (November 19, 2014), 79 FR 70230 (November 25,
                                                  International Securities Exchange, LLC                  respectively.                                         2014).



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Document Created: 2017-02-11 18:15:00
Document Modified: 2017-02-11 18:15:00
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.
DatesEffective date: February 10, 2017.
ContactElizabeth A. Reed, 202-268-3179.
FR Citation82 FR 10417 

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