83 FR 15424 - Section 407 Proceeding
POSTAL REGULATORY COMMISSION Federal Register Volume 83, Issue 69 (April 10, 2018)
Federal Register Volume 83, Issue 69 (April 10, 2018)
| Page Range | 15424-15425 | |
| FR Document | 2018-07340 |
[Federal Register Volume 83, Number 69 (Tuesday, April 10, 2018)] [Notices] [Pages 15424-15425] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-07340] ======================================================================= ----------------------------------------------------------------------- POSTAL REGULATORY COMMISSION [Docket No. IM2018-1; Order No. 4567] Section 407 Proceeding AGENCY: Postal Regulatory Commission. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: The Commission is noticing a proceeding to consider whether proposals of the 26th Congress of the Universal Postal Union are consistent with the modern rate regulation standards. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: July 3, 2018. 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. Initial Commission Action III. Ordering Paragraphs I. Introduction In 2016, at the Universal Postal Union (UPU) Congress in Istanbul, Turkey, UPU members decided to hold an Extraordinary UPU Congress midway between the 2016 Congress and the 2020 UPU Congress.\1\ The Extraordinary UPU Congress will be held September 3-7, 2018, in Ethiopia. On March 27, 2018, the Secretary of State requested the Commission's views on whether certain proposals for the Extraordinary UPU Congress are consistent with the standards and criteria for modern rate regulation established by the Commission under 39 U.S.C. 3622.\2\ Pursuant to 39 U.S.C. 407(c)(1) and 39 CFR part 3017, the Commission establishes Docket No. IM2018-1 for the purpose of developing its views on whether certain proposals for the Extraordinary UPU Congress are consistent with the standards and criteria for modern rate regulation established by the Commission under 39 U.S.C. 3622. --------------------------------------------------------------------------- \1\ Decisions of the 26th Congress other than those amending the Acts (resolutions, decisions, recommendations, formal opinions, etc.) (2017), Resolution C 28/2016 available at https://documents.upu.int/Bodies/2016/CNG/CNG%20ACTES/MEETING/CNG%20ACTES%202016/Doc%201/EN/cng_actes_d001.pdf. \2\ See Letter from Nerissa J. Cook, Deputy Assistant Secretary, U.S. Department of State, Bureau of International Organization Affairs, on behalf of the Secretary of State, March 27, 2018 (State's Request). --------------------------------------------------------------------------- II. Initial Commission Action Establishment of docket. Part 3017 of title 39 of the Code of Federal Regulations codifies procedures related to the development of the Commission's section 407 views.\3\ Pursuant to rule 3017.3(a), the Commission establishes this docket to ``solicit comments on the general principles that should guide the Commission's development of views on relevant proposals, in a general way, and on specific relevant proposals, if the Commission is able to make these available.'' 39 CFR 3017.3(a). --------------------------------------------------------------------------- \3\ See Docket No. RM2015-14, Order Adopting Final Rules on Procedures Related to Commission Views, December 30, 2015 (Order No. 2960). See also 81 FR 869 (January 8, 2016). The rules in part 3017 took effect on February 8, 2016. --------------------------------------------------------------------------- Comments. Rule 3017.4(a) provides that the Commission ``shall establish a deadline for comments upon establishment of the docket that is consistent with timely submission of the Commission's views to the Secretary of State.'' 39 CFR 3017.4 (a). The Secretary of State has requested that the Commission submit its views by August 3, 2018. State's Request at 1. To ensure timely submission of the Commission's [[Page 15425]] views to the Department of State, the Commission establishes July 3, 2018, as the deadline for submission of comments on the principles that should guide development of its views, as well as those on the consistency of proposals subject to subchapter I of chapter 36 with the standards and criteria of 39 U.S.C. 3622. Comments are to be submitted in the above captioned docket via the Commission's website at http://www.prc.gov unless a request for waiver is approved. For assistance with filing, contact the Commission's docket section at 202-789-6846 or [email protected]. Public Representative. Section 505 of title 39 requires the designation of an officer of the Commission (public representative) to represent the interests of the general public in all public proceedings. The Commission designates Kenneth E. Richardson as Public Representative in this proceeding. Availability of documents. Pursuant to rule 3017.3(b), the Commission directs the Secretary of the Commission to arrange for the prompt posting on the Commission's website of the correspondence identified in this Order. The Commission will post other documents in this docket when the Commission determines such other documents are applicable and are able to be made publicly available. Federal Register publication. Rule 3017.3(c) requires publication in the Federal Register of the notice establishing a docket authorized under part 3017. 39 CFR 3017.3(c). Pursuant to this rule, the Commission directs the Secretary of the Commission to arrange for prompt publication of this Order in the Federal Register. III. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. IM2018-1 for purposes related to the development of section 407(c)(1) views and invites public comments related to this effort, as described in the body of this Order. 2. Comments are due no later than July 3, 2018. 3. Pursuant to 39 U.S.C. 505, Kenneth E. Richardson is appointed to serve as an officer of the Commission (Public Representative) to represent the interests of the general public in this docket. 4. The Secretary is directed to post the correspondence referred to in this Order on the Commission's website, along with other documents that the Commission determines are applicable and are able to be made publicly available. 5. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Stacy L. Ruble, Secretary. [FR Doc. 2018-07340 Filed 4-9-18; 8:45 am] BILLING CODE 7710-FW-P
![15424 Federal Register / Vol. 83, No. 69 / Tuesday, April 10, 2018 / Notices
Cohen Act (Pub. L. 104–106), OPM is unpaid compensation of a deceased III. Ordering Paragraphs
soliciting comments for this collection. Federal employee or who believe that I. Introduction
The information collection was their relationship to the deceased
previously published in the Federal entitles them to receive the unpaid In 2016, at the Universal Postal Union
Register on January/22/2018 at Volume compensation of the deceased Federal (UPU) Congress in Istanbul, Turkey,
# 83 3034–3035 allowing for a 60-day employee. OPM needs this information UPU members decided to hold an
public comment period. No comments in order to adjudicate the claim and Extraordinary UPU Congress midway
were received for this information properly assign a deceased Federal between the 2016 Congress and the 2020
collection. The purpose of this notice is employee’s unpaid compensation to the UPU Congress.1 The Extraordinary UPU
to allow an additional 30 days for public appropriate individual(s). Congress will be held September 3–7,
comments. 2018, in Ethiopia. On March 27, 2018,
Analysis the Secretary of State requested the
DATES: Comments are encouraged and
Agency: Merit System Accountability Commission’s views on whether certain
will be accepted until May 10, 2018.
and Compliance, Office of Personnel proposals for the Extraordinary UPU
This process is conducted in accordance
Management. Congress are consistent with the
with 5 CFR 1320.1.
Title: Standard Form 1153, Claim for standards and criteria for modern rate
ADDRESSES: Interested persons are regulation established by the
invited to submit written comments on Unpaid Compensation of Deceased
Civilian Employee. Commission under 39 U.S.C. 3622.2
the proposed information collection to Pursuant to 39 U.S.C. 407(c)(1) and 39
the Office of Information and Regulatory OMB Number: 3206–0234.
Affected Public: Federal Employees CFR part 3017, the Commission
Affairs, Office of Management Budget, establishes Docket No. IM2018–1 for the
725 17th Street NW, Washington, DC and Retirees.
Number of Respondents: 3,000. purpose of developing its views on
20503, Attention: Desk Officer for the whether certain proposals for the
Office of Personnel Management or sent Estimated Time per Respondent: 15
minutes. Extraordinary UPU Congress are
via electronic mail to oira_submission@ consistent with the standards and
omb.eop.gov or faxed to (202) 395–6974. Total Burden Hours: 750 hours.
criteria for modern rate regulation
FOR FURTHER INFORMATION CONTACT: A U.S. Office of Personnel Management. established by the Commission under 39
copy of this ICR, with applicable Jeff T.H. Pon, U.S.C. 3622.
supporting documentation, may be Director.
obtained by contacting the Office of [FR Doc. 2018–07346 Filed 4–9–18; 8:45 am]
II. Initial Commission Action
Information and Regulatory Affairs, BILLING CODE 6325–58–P Establishment of docket. Part 3017 of
Office of Management Budget, 725 17th title 39 of the Code of Federal
Street NW, Washington, DC 20503, Regulations codifies procedures related
Attention: Desk Officer for the Office of POSTAL REGULATORY COMMISSION to the development of the Commission’s
Personnel Management or sent via section 407 views.3 Pursuant to rule
electronic mail to oira_submission@ [Docket No. IM2018–1; Order No. 4567] 3017.3(a), the Commission establishes
omb.eop.gov or faxed to (202) 395–6974. this docket to ‘‘solicit comments on the
Section 407 Proceeding
SUPPLEMENTARY INFORMATION: The Office general principles that should guide the
of Management and Budget is AGENCY: Postal Regulatory Commission. Commission’s development of views on
particularly interested in comments ACTION: Notice. relevant proposals, in a general way,
that: and on specific relevant proposals, if the
1. Evaluate whether the proposed SUMMARY: The Commission is noticing a Commission is able to make these
collection of information is necessary proceeding to consider whether available.’’ 39 CFR 3017.3(a).
for the proper performance of the proposals of the 26th Congress of the Comments. Rule 3017.4(a) provides
functions of the agency, including Universal Postal Union are consistent that the Commission ‘‘shall establish a
whether the information will have with the modern rate regulation deadline for comments upon
practical utility; standards. This notice informs the establishment of the docket that is
2. Evaluate the accuracy of the public of the filing, invites public consistent with timely submission of the
agency’s estimate of the burden of the comment, and takes other Commission’s views to the Secretary of
proposed collection of information, administrative steps. State.’’ 39 CFR 3017.4 (a). The Secretary
including the validity of the DATES: Comments are due: July 3, 2018. of State has requested that the
methodology and assumptions used; Commission submit its views by August
ADDRESSES: Submit comments
3. Enhance the quality, utility, and 3, 2018. State’s Request at 1. To ensure
electronically via the Commission’s timely submission of the Commission’s
clarity of the information to be
Filing Online system at http://
collected; and
www.prc.gov. Those who cannot submit
4. Minimize the burden of the 1 Decisions of the 26th Congress other than those
comments electronically should contact amending the Acts (resolutions, decisions,
collection of information on those who
the person identified in the FOR FURTHER recommendations, formal opinions, etc.) (2017),
are to respond, including through the Resolution C 28/2016 available at https://
INFORMATION CONTACT section by
use of appropriate automated, documents.upu.int/Bodies/2016/CNG/
telephone for advice on filing
electronic, mechanical, or other CNG%20ACTES/MEETING/CNG%20ACTES
alternatives. %202016/Doc%201/EN/cng_actes_d001.pdf.
technological collection techniques or
2 See Letter from Nerissa J. Cook, Deputy
other forms of information technology, FOR FURTHER INFORMATION CONTACT:
daltland on DSKBBV9HB2PROD with NOTICES
Assistant Secretary, U.S. Department of State,
e.g., permitting electronic submissions David A. Trissell, General Counsel, at Bureau of International Organization Affairs, on
of responses. 202–789–6820. behalf of the Secretary of State, March 27, 2018
Standard Form 1153, Claim for Unpaid SUPPLEMENTARY INFORMATION: (State’s Request).
3 See Docket No. RM2015–14, Order Adopting
Compensation for Deceased Civilian
Employee, is used to collect information Table of Contents Final Rules on Procedures Related to Commission
Views, December 30, 2015 (Order No. 2960). See
from individuals who have been I. Introduction also 81 FR 869 (January 8, 2016). The rules in part
designated as beneficiaries of the II. Initial Commission Action 3017 took effect on February 8, 2016.
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![Federal Register / Vol. 83, No. 69 / Tuesday, April 10, 2018 / Notices 15425
views to the Department of State, the 5. The Secretary shall arrange for 19(b)(2)(B) of the Act 6 to determine
Commission establishes July 3, 2018, as publication of this order in the Federal whether to approve or disapprove the
the deadline for submission of Register. proposed rule change.
comments on the principles that should By the Commission.
guide development of its views, as well I. Summary of the Proposal 7
Stacy L. Ruble,
as those on the consistency of proposals The Exchange proposes to list and
Secretary.
subject to subchapter I of chapter 36 trade the Shares under BZX Rule
[FR Doc. 2018–07340 Filed 4–9–18; 8:45 am]
with the standards and criteria of 39
BILLING CODE 7710–FW–P 14.11(f)(4), which governs the listing
U.S.C. 3622. Comments are to be
and trading of Trust Issued Receipts on
submitted in the above captioned docket
the Exchange.8 Each Fund will be a
via the Commission’s website at http://
www.prc.gov unless a request for waiver SECURITIES AND EXCHANGE series of the Trust, and the Trust and the
is approved. For assistance with filing, COMMISSION Funds will be managed and controlled
contact the Commission’s docket section by GraniteShares Advisors LLC
at 202–789–6846 or dockets@prc.gov. [Release No. 34–82995; File No. SR– (‘‘Sponsor’’). Bank of New York Mellon
CboeBZX–2018–001] will serve as administrator, custodian,
Public Representative. Section 505 of
title 39 requires the designation of an and transfer agent for the Funds.
Self-Regulatory Organizations; Cboe Foreside Fund Services, LLC will serve
officer of the Commission (public BZX Exchange, Inc.; Order Instituting
representative) to represent the interests as the distributor of the Shares
Proceedings To Determine Whether To
of the general public in all public (‘‘Distributor’’). The Trust will offer
Approve or Disapprove a Proposed
proceedings. The Commission Shares of the Funds for sale through the
Rule Change To List and Trade the
designates Kenneth E. Richardson as Distributor in ‘‘Creation Units’’ in
Shares of the GraniteShares Bitcoin
Public Representative in this ETF and the GraniteShares Short transactions with ‘‘Authorized
proceeding. Bitcoin ETF Under BZX Rule Participants’’ who have entered into
Availability of documents. Pursuant 14.11(f)(4), Trust Issued Receipts agreements with the Distributor.9
to rule 3017.3(b), the Commission According to the Exchange, the Long
directs the Secretary of the Commission April 5, 2018. Fund’s investment objective will be to
to arrange for the prompt posting on the On January 5, 2018, Cboe BZX seek results (before fees and expenses)
Commission’s website of the Exchange, Inc. (‘‘BZX’’ or ‘‘Exchange’’) that, both for a single day and over time,
correspondence identified in this Order. filed with the Securities and Exchange correspond to the performance of lead
The Commission will post other Commission (‘‘Commission’’), pursuant month bitcoin futures contracts listed
documents in this docket when the to Section 19(b)(1) of the Securities and traded on the Cboe Futures
Commission determines such other Exchange Act of 1934 (‘‘Act’’) 1 and Rule Exchange, Inc. (‘‘Benchmark Futures
documents are applicable and are able 19b–4 thereunder,2 a proposed rule
Contract’’). Conversely, the Short Fund’s
to be made publicly available. change to list and trade the shares
investment objective will be to seek
Federal Register publication. Rule (‘‘Shares’’) of the GraniteShares Bitcoin
results (before fees and expenses) that,
3017.3(c) requires publication in the ETF (‘‘Long Fund’’) and the
GraniteShares Short Bitcoin ETF (‘‘Short on a daily basis, correspond to the
Federal Register of the notice
establishing a docket authorized under Fund’’) (each a ‘‘Fund’’ and, inverse (¥1x) of the daily performance
part 3017. 39 CFR 3017.3(c). Pursuant to collectively, ‘‘Funds’’) issued by the of the Benchmark Futures Contracts for
this rule, the Commission directs the GraniteShares ETP Trust (‘‘Trust’’) a single day. Each Fund generally
Secretary of the Commission to arrange under BZX Rule 14.11(f)(4). The intends to invest substantially all of its
for prompt publication of this Order in proposed rule change was published for assets in the Benchmark Futures
the Federal Register. comment in the Federal Register on Contracts and cash and cash equivalents
January 18, 2018.3 On February 22, (which would be used to collateralize
III. Ordering Paragraphs the Benchmark Futures Contracts), but
2018, pursuant to Section 19(b)(2) of the
It is ordered: Act,4 the Commission designated a may invest in other U.S. exchange listed
1. The Commission establishes Docket longer period within which to approve bitcoin futures contracts, as available
No. IM2018–1 for purposes related to the proposed rule change, disapprove (together with Benchmark Futures
the development of section 407(c)(1) the proposed rule change, or institute
views and invites public comments proceedings to determine whether to 6 15 U.S.C. 78s(b)(2)(B).
related to this effort, as described in the approve or disapprove the proposed 7 The Commission notes that additional
body of this Order. rule change.5 The Commission has information regarding the Trust, the Shares, and the
Funds, including investment strategies, calculation
2. Comments are due no later than received no comment letters on the of net asset value (‘‘NAV’’) and indicative fund
July 3, 2018. proposed rule change. This order value, creation and redemption procedures, and
3. Pursuant to 39 U.S.C. 505, Kenneth institutes proceedings under Section additional background information about bitcoin,
the bitcoin network, and bitcoin futures contracts,
E. Richardson is appointed to serve as among other things, can be found in the Notice (see
an officer of the Commission (Public 1 15 U.S.C. 78s(b)(1). supra note 3) and the registration statement filed
Representative) to represent the 2 17 CFR 240.19b–4. with the Commission on Form S–1 (File No. 333–
3 See Securities Exchange Act Release No. 82484 222109) under the Securities Act of 1933, as
interests of the general public in this
(Jan. 11, 2018), 83 FR 2704 (Jan. 18, 2018) applicable.
docket.
daltland on DSKBBV9HB2PROD with NOTICES
(‘‘Notice’’). 8 Rule 14.11(f)(4) applies to Trust Issued Receipts
4. The Secretary is directed to post the 4 15 U.S.C. 78s(b)(2). that invest in ‘‘Financial Instruments.’’ The term
correspondence referred to in this Order 5 See Securities Exchange Act Release No. 82759 ‘‘Financial Instruments,’’ as defined in Rule
on the Commission’s website, along (Feb. 22, 2018), 83 FR 8719 (Feb. 28, 2018). The 14.11(f)(4)(A)(iv), means any combination of
with other documents that the Commission designated April 18, 2018 as the date investments, including cash; securities; options on
by which the Commission shall approve or securities and indices; futures contracts; options on
Commission determines are applicable disapprove, or institute proceedings to determine futures contracts; forward contracts; equity caps,
and are able to be made publicly whether to approve or disapprove, the proposed collars, and floors; and swap agreements.
available. rule change. 9 See Notice, supra note 3, at 2707.
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Document Created: 2018-04-09 23:51:37
Document Modified: 2018-04-09 23:51:37
| 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. | |
| Dates | Comments are due: July 3, 2018. | |
| Contact | David A. Trissell, General Counsel, at 202-789-6820. | |
| FR Citation | 83 FR 15424 |
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