82_FR_46737 82 FR 46545 - New Postal Products

82 FR 46545 - New Postal Products

POSTAL REGULATORY COMMISSION

Federal Register Volume 82, Issue 192 (October 5, 2017)

Page Range46545-46546
FR Document2017-21457

The Commission is noticing a recent Postal Service filing for the Commission's consideration concerning a negotiated service agreement. This notice informs the public of the filing, invites public comment, and takes other administrative steps.

Federal Register, Volume 82 Issue 192 (Thursday, October 5, 2017)
[Federal Register Volume 82, Number 192 (Thursday, October 5, 2017)]
[Notices]
[Pages 46545-46546]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-21457]


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POSTAL REGULATORY COMMISSION

[Docket Nos. MC2017-213 and CP2017-321; MC2017-214 and CP2017-322]


New Postal Products

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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SUMMARY: The Commission is noticing a recent Postal Service filing for 
the Commission's consideration concerning a negotiated service 
agreement. This notice informs the public of the filing, invites public 
comment, and takes other administrative steps.

DATES: Comments are due: October 10, 2017.

ADDRESSES: Submit comments electronically via the Commission's Filing 
Online system at http://www.prc.gov. Those who cannot submit

[[Page 46546]]

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. Docketed Proceeding(s)

I. Introduction

    The Commission gives notice that the Postal Service filed 
request(s) for the Commission to consider matters related to negotiated 
service agreement(s). The request(s) may propose the addition or 
removal of a negotiated service agreement from the market dominant or 
the competitive product list, or the modification of an existing 
product currently appearing on the market dominant or the competitive 
product list.
    Section II identifies the docket number(s) associated with each 
Postal Service request, the title of each Postal Service request, the 
request's acceptance date, and the authority cited by the Postal 
Service for each request. For each request, the Commission appoints an 
officer of the Commission to represent the interests of the general 
public in the proceeding, pursuant to 39 U.S.C. 505 (Public 
Representative). Section II also establishes comment deadline(s) 
pertaining to each request.
    The public portions of the Postal Service's request(s) can be 
accessed via the Commission's Web site (http://www.prc.gov). Non-public 
portions of the Postal Service's request(s), if any, can be accessed 
through compliance with the requirements of 39 CFR 3007.40.
    The Commission invites comments on whether the Postal Service's 
request(s) in the captioned docket(s) are consistent with the policies 
of title 39. For request(s) that the Postal Service states concern 
market dominant product(s), applicable statutory and regulatory 
requirements include 39 U.S.C. 3622, 39 U.S.C. 3642, 39 CFR part 3010, 
and 39 CFR part 3020, subpart B. For request(s) that the Postal Service 
states concern competitive product(s), applicable statutory and 
regulatory requirements include 39 U.S.C. 3632, 39 U.S.C. 3633, 39 
U.S.C. 3642, 39 CFR part 3015, and 39 CFR part 3020, subpart B. Comment 
deadline(s) for each request appear in section II.

II. Docketed Proceeding(s)

    1. Docket No(s).: MC2017-213 and CP2017-321; Filing Title: Request 
of the United States Postal Service to Add Priority Mail Contract 365 
to Competitive Product List and Notice of Filing (Under Seal) of 
Unredacted Governors' Decision, Contract, and Supporting Data; Filing 
Acceptance Date: September 29, 2017; Filing Authority: 39 U.S.C. 3642 
and 39 CFR 3020.30 et seq.; Public Representative: Michael L. Leibert; 
Comments Due: October 10, 2017.
    2. Docket No(s).: MC2017-214 and CP2017-322; Filing Title: Request 
of the United States Postal Service to Add Priority Mail & First-Class 
Package Service Contract 58 to Competitive Product List and Notice of 
Filing (Under Seal) of Unredacted Governors' Decision, Contract, and 
Supporting Data; Filing Acceptance Date: September 29, 2017; Filing 
Authority: 39 U.S.C. 3642 and 39 CFR 3020.30 et seq.; Public 
Representative: Michael L. Leibert; Comments Due: October 10, 2017.
    This notice will be published in the Federal Register.

Stacy L. Ruble,
Secretary.
[FR Doc. 2017-21457 Filed 10-4-17; 8:45 am]
 BILLING CODE 7710-FW-P



                                                                            Federal Register / Vol. 82, No. 192 / Thursday, October 5, 2017 / Notices                                                46545

                                               Final Safety Analysis Report (UFSAR)                    reference in 10 CFR part 52, appendix                 Commission’s rules and regulations.
                                               in the form of departures from the plant-               D, as part of license amendment request               The Commission has made appropriate
                                               specific Design Control Document                        17–004, ‘‘Standardization of                          findings as required by the Act and the
                                               (DCD) Tier 2 information, and involves                  Instrumentation Setpoint                              Commission’s rules and regulations in
                                               changes to related plant-specific DCD                   Nomenclature.’’                                       10 CFR Chapter I, which are set forth in
                                               Tier 1 information, with corresponding                     For the reasons set forth in Section 3.1           the license amendment.
                                               changes to the associated COL                           of the NRC staff’s Safety Evaluation,                    A notice of consideration of issuance
                                               Appendix C information. In addition,                    which can be found in ADAMS under                     of amendment to facility operating
                                               revisions are proposed to COL                           Accession No. ML17233A122, the                        license or COL, as applicable, proposed
                                               Appendix A, Technical Specifications.                   Commission finds that:                                no significant hazards consideration
                                               The proposed changes revise the COLs                       A. The exemption is authorized by                  determination, and opportunity for a
                                               concerning standardizing the Protection                 law;                                                  hearing in connection with these
                                               and Safety Monitoring System (PMS)                         B. the exemption presents no undue                 actions, was published in the Federal
                                               setpoint nomenclature. No changes were                  risk to public health and safety;                     Register on April 25, 2017 (82 FR
                                               proposed to setpoint values or PMS                         C. the exemption is consistent with                19104). No comments were received
                                               alarms and actuations.                                  the common defense and security;                      during the 30-day comment period.
                                                  Part of the justification for granting                  D. special circumstances are present                  The Commission has determined that
                                               the exemption was provided by the                       in that the application of the rule in this           these amendments satisfy the criteria for
                                               review of the amendment. Because the                    circumstance is not necessary to serve                categorical exclusion in accordance
                                               exemption is necessary in order to issue                the underlying purpose of the rule;                   with 10 CFR 51.22. Therefore, pursuant
                                               the requested license amendment, the                       E. the special circumstances outweigh              to 10 CFR 51.22(b), no environmental
                                               NRC granted the exemption and issued                    any decrease in safety that may result                impact statement or environmental
                                               the amendment concurrently, rather                      from the reduction in standardization                 assessment need be prepared for these
                                               than in sequence. This included issuing                 caused by the exemption; and                          amendments.
                                               a combined safety evaluation containing                    F. the exemption will not result in a
                                               the NRC staff’s review of both the                      significant decrease in the level of safety           IV. Conclusion
                                               exemption request and the license                       otherwise provided by the design.                        Using the reasons set forth in the
                                               amendment. The exemption met all                           2. Accordingly, the licensee is granted            combined safety evaluation, the staff
                                               applicable regulatory criteria set forth in             an exemption from the certified DCD                   granted the exemption and issued the
                                               §§ 50.12, 52.7, and section VIII.A.4 of                 Tier 1 information, with corresponding                amendment that the licensee requested
                                               appendix D to 10 CFR part 52. The                       changes to Appendix C of the Facility                 on February 24, 2017, as supplemented
                                               license amendment was found to be                       Combined License, as described in the                 by letter dated August 7, 2017.
                                               acceptable as well. The combined safety                 licensee’s request dated February 24,                    The exemption and amendment were
                                               evaluation is available in ADAMS under                  2017, as supplemented by letter dated                 issued on September 22, 2017, as part of
                                               Accession No. ML17233A122.                              August 7, 2017. This exemption is                     a combined package to the licensee
                                                  Identical exemption documents                        related to, and necessary for the granting            (ADAMS Accession No. ML17233A104).
                                               (except for referenced unit numbers and                 of License Amendment Nos. 87 (Unit 3)
                                                                                                                                                               Dated at Rockville, Maryland, this 28th day
                                               license numbers) were issued to the                     and 86 (Unit 4), which is being issued                of September 2017.
                                               licensee for VEGP Units 3 and 4 (COLs                   concurrently with this exemption.
                                                                                                                                                               For the Nuclear Regulatory Commission.
                                               NPF–91 and NPF–92). The exemption                          3. As explained in Section 6.0 of the
                                               documents for VEGP Units 3 and 4 can                    NRC staff’s Safety Evaluation (ADAMS                  Jennifer Dixon-Herrity,
                                               be found in ADAMS under Accession                       Accession No. ML17233A122), this                      Chief, Licensing Branch 4, Division of New
                                               Nos. ML17233A110 and ML17233A111,                       exemption meets the eligibility criteria              Reactor Licensing, Office of New Reactors.
                                               respectively. The exemption is                          for categorical exclusion set forth in 10             [FR Doc. 2017–21496 Filed 10–4–17; 8:45 am]
                                               reproduced (with the exception of                       CFR 51.22(c)(9). Therefore, pursuant to               BILLING CODE 7590–01–P
                                               abbreviated titles and additional                       10 CFR 51.22(b), no environmental
                                               citations) in Section II of this document.              impact statement or environmental
                                               The amendment documents for COLs                        assessment needs to be prepared in                    POSTAL REGULATORY COMMISSION
                                               NPF–91 and NPF–92 are available in                      connection with the issuance of the                   [Docket Nos. MC2017–213 and CP2017–321;
                                               ADAMS under Accession Nos.                              exemption.                                            MC2017–214 and CP2017–322]
                                               ML17233A105 and ML17233A106,                               4. This exemption is effective as of the
                                               respectively. A summary of the                          date of its issuance.                                 New Postal Products
                                               amendment documents is provided in                      III. License Amendment Request
                                               Section III of this document.                                                                                 AGENCY:   Postal Regulatory Commission.
                                                                                                          By letter dated February 24, 2017                  ACTION:   Notice.
                                               II. Exemption                                           (ADAMS Accession No. ML17055C352),
                                                  Reproduced below is the exemption                    as supplemented by letter dated August                SUMMARY:   The Commission is noticing a
                                               document issued to VEGP Units 3 and                     7, 2017 (ADAMS Accession No.                          recent Postal Service filing for the
                                               Unit 4. It makes reference to the                       ML17219A185), the licensee requested                  Commission’s consideration concerning
                                               combined safety evaluation that                         that the NRC amend the COLs for VEGP,                 a negotiated service agreement. This
                                               provides the reasoning for the findings                 Units 3 and 4, COLs NPF–91 and NPF–                   notice informs the public of the filing,
                                               made by the NRC (and listed under Item                  92. The proposed amendment is                         invites public comment, and takes other
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                                               1) in order to grant the exemption:                     described in Section I of this Federal                administrative steps.
                                                  1. In a letter dated February 24, 2017,              Register notice.                                      DATES: Comments are due: October 10,
                                               as supplemented by letter dated August                     The Commission has determined for                  2017.
                                               7, 2017, the licensee requested from the                these amendments that the application                 ADDRESSES: Submit comments
                                               Commission an exemption to allow                        complies with the standards and                       electronically via the Commission’s
                                               departures from Tier 1 information in                   requirements of the Atomic Energy Act                 Filing Online system at http://
                                               the certified DCD incorporated by                       of 1954, as amended (the Act), and the                www.prc.gov. Those who cannot submit


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                                               46546                        Federal Register / Vol. 82, No. 192 / Thursday, October 5, 2017 / Notices

                                               comments electronically should contact                  II. Docketed Proceeding(s)                            secondary market transactions in Shares
                                               the person identified in the FOR FURTHER                  1. Docket No(s).: MC2017–213 and                    and the creation or redemption of
                                               INFORMATION CONTACT section by
                                                                                                       CP2017–321; Filing Title: Request of the              aggregations of Shares of at least 50,000
                                               telephone for advice on filing                          United States Postal Service to Add                   shares (‘‘Creation Units’’).
                                               alternatives.                                           Priority Mail Contract 365 to                            The Trust is registered with the
                                               FOR FURTHER INFORMATION CONTACT:                        Competitive Product List and Notice of                Securities and Exchange Commission
                                               David A. Trissell, General Counsel, at                  Filing (Under Seal) of Unredacted                     (‘‘Commission’’) under the Investment
                                               202–789–6820.                                           Governors’ Decision, Contract, and                    Company Act of 1940, as amended
                                                                                                       Supporting Data; Filing Acceptance                    (‘‘1940 Act’’), as an open-end
                                               SUPPLEMENTARY INFORMATION:                              Date: September 29, 2017; Filing                      management investment company. The
                                               Table of Contents                                       Authority: 39 U.S.C. 3642 and 39 CFR                  Fund is an exchange-traded fund
                                                                                                       3020.30 et seq.; Public Representative:               (‘‘ETF’’) organized as a series of the
                                               I. Introduction                                         Michael L. Leibert; Comments Due:                     Trust. The Fund will seek to provide
                                               II. Docketed Proceeding(s)                              October 10, 2017.                                     investment results that closely
                                               I. Introduction                                           2. Docket No(s).: MC2017–214 and                    correspond, before fees and expenses, to
                                                                                                       CP2017–322; Filing Title: Request of the              the performance of the Ned Davis
                                                  The Commission gives notice that the                 United States Postal Service to Add                   Research CMG US Large Cap Long/Flat
                                               Postal Service filed request(s) for the                 Priority Mail & First-Class Package                   Index (the ‘‘Index’’).1 The Fund intends,
                                               Commission to consider matters related                  Service Contract 58 to Competitive                    at least initially, to operate as an ‘‘ETF
                                               to negotiated service agreement(s). The                 Product List and Notice of Filing (Under              of ETFs’’ by seeking to track the
                                               request(s) may propose the addition or                  Seal) of Unredacted Governors’                        performance of its underlying Index by
                                               removal of a negotiated service                         Decision, Contract, and Supporting                    holding shares of one or more ETFs
                                               agreement from the market dominant or                   Data; Filing Acceptance Date:                         (each, an ‘‘Underlying ETF’’) whose
                                               the competitive product list, or the                    September 29, 2017; Filing Authority: 39              investment objective is to track the
                                               modification of an existing product                     U.S.C. 3642 and 39 CFR 3020.30 et seq.;               performance of the S&P 500.2
                                               currently appearing on the market                       Public Representative: Michael L.                        In order to track the Index, the Fund
                                               dominant or the competitive product                     Leibert; Comments Due: October 10,                    will invest at least 80% of its total assets
                                               list.                                                   2017.                                                 (but typically far more) in component
                                                  Section II identifies the docket                       This notice will be published in the                securities of the Index (directly or by
                                               number(s) associated with each Postal                   Federal Register.                                     indirect investments through one or
                                               Service request, the title of each Postal               Stacy L. Ruble,                                       more Underlying ETFs). The Fund may
                                               Service request, the request’s acceptance               Secretary.                                            invest the remaining 20% of its total
                                               date, and the authority cited by the                                                                          assets in securities not included in the
                                                                                                       [FR Doc. 2017–21457 Filed 10–4–17; 8:45 am]
                                               Postal Service for each request. For each                                                                     Index, money market instruments,
                                                                                                       BILLING CODE 7710–FW–P
                                               request, the Commission appoints an                                                                           including repurchase agreements or
                                               officer of the Commission to represent                                                                        other funds which invest exclusively in
                                               the interests of the general public in the                                                                    money market instruments, convertible
                                               proceeding, pursuant to 39 U.S.C. 505                   SECURITIES AND EXCHANGE                               securities, structured notes, and certain
                                               (Public Representative). Section II also                COMMISSION                                            derivatives, which the Investment
                                               establishes comment deadline(s)                         [Release No. 34–81771; File No. TP 17–11]             Advisor believes will help the Fund
                                               pertaining to each request.                                                                                   track the Index. Depositary receipts not
                                                  The public portions of the Postal                    Order Granting Limited Exemptions                     included in the Index may also be used
                                               Service’s request(s) can be accessed via                From Exchange Act Rule 10b–17 and                     by the Fund in seeking performance that
                                               the Commission’s Web site (http://                      Rules 101 and 102 of Regulation M to
                                               www.prc.gov). Non-public portions of                    VanEck Vectors NDR CMG Long/Flat                         1 The Index is a rules-based index that follows a


                                               the Postal Service’s request(s), if any,                Allocation ETF Pursuant to Exchange                   proprietary model developed by Ned Davis
                                                                                                       Act Rule 10b–17(b)(2) and Rules 101(d)                Research, Inc. in conjunction with Capital
                                               can be accessed through compliance                                                                            Management Group, Inc. To help limit loss
                                               with the requirements of 39 CFR                         and 102(e) of Regulation M                            associated with adverse market conditions, the
                                               3007.40.                                                                                                      model produces trade signals that dictate the
                                                                                                       September 29, 2017.                                   Index’s equity allocation ranging from 100% fully
                                                  The Commission invites comments on                      By letter dated September 29, 2017                 invested (i.e., ‘‘long’’) to 100% in cash (i.e., ‘‘flat’’).
                                               whether the Postal Service’s request(s)                 (the ‘‘Letter’’), counsel for VanEck                  The Index 100% replicates the S&P 500 Index (the
                                               in the captioned docket(s) are consistent               Vectors ETF Trust (the ‘‘Trust’’), on                 ‘‘S&P 500’’) when the Index is long and holds U.S.
                                                                                                                                                             Treasury Bills when the Index is flat (i.e., it will be
                                               with the policies of title 39. For                      behalf of the Trust, VanEck Vectors NDR               allocated to the Solactive 13-week U.S. T-bill
                                               request(s) that the Postal Service states               CMG Long/Flat Allocation ETF (the                     Index). When the Index is not completely long or
                                               concern market dominant product(s),                     ‘‘Fund’’), any national securities                    flat, either 80% or 40% of it will be allocated to
                                               applicable statutory and regulatory                     exchange on or through which shares                   the S&P 500, with the remaining portion (20% or
                                                                                                                                                             60% respectively) allocated to U.S. Treasury Bills.
                                               requirements include 39 U.S.C. 3622, 39                 issued by the Fund (‘‘Shares’’) may                      2 The Fund will operate as an ETF of ETFs until
                                               U.S.C. 3642, 39 CFR part 3010, and 39                   subsequently trade, Van Eck Securities                the Fund reaches, in the opinion of the Investment
                                               CFR part 3020, subpart B. For request(s)                Corporation (the ‘‘Distributor’’), and                Adviser, an adequate asset size. When the Fund
                                               that the Postal Service states concern                  persons or entities engaging in                       reaches an adequate size and the Index has an
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                                                                                                                                                             equity allocation, the Fund will then seek to track
                                               competitive product(s), applicable                      transactions in Shares (collectively, the             the Index by investing directly in the shares of the
                                               statutory and regulatory requirements                   ‘‘Applicants’’), requested exemptions, or             500 companies comprising the S&P 500. In the rare
                                               include 39 U.S.C. 3632, 39 U.S.C. 3633,                 interpretive or no-action relief, from                event the Fund does not operate as an ETF of ETFs
                                               39 U.S.C. 3642, 39 CFR part 3015, and                   Rule 10b–17 of the Securities Exchange                for that day, the Fund will operate to meet the
                                                                                                                                                             conditions of the ETF Class Relief, including the
                                               39 CFR part 3020, subpart B. Comment                    Act of 1934, as amended (the ‘‘Exchange               Equity ETF Class Letter. Applicants do not believe
                                               deadline(s) for each request appear in                  Act’’), and Rules 101 and 102 of                      that either option will have an effect on the efficacy
                                               section II.                                             Regulation M, in connection with                      of the arbitrage process for the Fund.



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Document Created: 2017-10-05 00:53:48
Document Modified: 2017-10-05 00:53:48
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: October 10, 2017.
ContactDavid A. Trissell, General Counsel, at 202-789-6820.
FR Citation82 FR 46545 

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