83_FR_39634 83 FR 39480 - Product Change-Priority Mail Negotiated Service Agreement

83 FR 39480 - Product Change-Priority Mail Negotiated Service Agreement

POSTAL SERVICE

Federal Register Volume 83, Issue 154 (August 9, 2018)

Page Range39480-39480
FR Document2018-17018

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 83 Issue 154 (Thursday, August 9, 2018)
[Federal Register Volume 83, Number 154 (Thursday, August 9, 2018)]
[Notices]
[Page 39480]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-17018]


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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: Date of required notice: August 9, 2018.

FOR FURTHER INFORMATION CONTACT: Elizabeth 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 
August 3, 2018, it filed with the Postal Regulatory Commission a USPS 
Request to Add Priority Mail Contract 459 to Competitive Product List. 
Documents are available at www.prc.gov, Docket Nos. MC2018-203, CP2018-
282.

Elizabeth Reed,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2018-17018 Filed 8-8-18; 8:45 am]
 BILLING CODE 7710-12-P



                                                39480                        Federal Register / Vol. 83, No. 154 / Thursday, August 9, 2018 / Notices

                                                ADDRESSES:   Submit comments                            deadline(s) for each request appear in                Extension:
                                                electronically via the Commission’s                     section II.                                             Rule 12b–1, SEC File No. 270–188, OMB
                                                Filing Online system at http://                                                                                   Control No. 3235–0212
                                                                                                        II. Docketed Proceeding(s)
                                                www.prc.gov. Those who cannot submit                                                                             Notice is hereby given that, pursuant
                                                comments electronically should contact                     1. Docket No(s).: MC2018–203 and                   to the Paperwork Reduction Act of 1995
                                                the person identified in the FOR FURTHER                CP2018–282; Filing Title: USPS Request                (44 U.S.C. 3501 et seq.), the Securities
                                                INFORMATION CONTACT section by                          to Add Priority Mail Contract 459 to                  and Exchange Commission (the
                                                telephone for advice on filing                          Competitive Product List and Notice of                ‘‘Commission’’) has submitted to the
                                                alternatives.                                           Filing Materials Under Seal; Filing                   Office of Management and Budget
                                                                                                        Acceptance Date: August 3, 2018; Filing               (‘‘OMB’’) a request for extension of the
                                                FOR FURTHER INFORMATION CONTACT:
                                                                                                        Authority: 39 U.S.C. 3642 and 39 CFR                  previously approved collection of
                                                David A. Trissell, General Counsel, at                  3020.30 et seq.; Public Representative:               information discussed below.
                                                202–789–6820.                                           Christopher C. Mohr, Comments Due:                       Rule 12b–1 under the Investment
                                                SUPPLEMENTARY INFORMATION:                              August 13, 2018.                                      Company Act of 1940 (17 CFR 270.12b–
                                                Table of Contents                                         This Notice will be published in the                1) permits a registered open-end
                                                                                                        Federal Register.                                     investment company (‘‘fund’’) to bear
                                                I. Introduction                                                                                               expenses associated with the
                                                II. Docketed Proceeding(s)                              Stacy L. Ruble,
                                                                                                                                                              distribution of its shares, provided that
                                                                                                        Secretary.
                                                I. Introduction                                                                                               the fund complies with certain
                                                                                                        [FR Doc. 2018–17035 Filed 8–8–18; 8:45 am]
                                                                                                                                                              requirements, including, among other
                                                   The Commission gives notice that the                 BILLING CODE 7710–FW–P
                                                                                                                                                              things, that it adopt a written plan
                                                Postal Service filed request(s) for the
                                                                                                                                                              (‘‘rule 12b–1 plan’’) and that it preserves
                                                Commission to consider matters related
                                                                                                                                                              in writing any agreements relating to the
                                                to negotiated service agreement(s). The                 POSTAL SERVICE                                        rule 12b–1 plan. The rule in part
                                                request(s) may propose the addition or
                                                                                                                                                              requires that (i) the adoption or material
                                                removal of a negotiated service                         Product Change—Priority Mail                          amendment of a rule 12b–1 plan be
                                                agreement from the market dominant or                   Negotiated Service Agreement                          approved by the fund’s directors,
                                                the competitive product list, or the                                                                          including its independent directors,
                                                modification of an existing product                     AGENCY:   Postal ServiceTM.
                                                                                                        ACTION:   Notice.                                     and, in certain circumstances, its
                                                currently appearing on the market                                                                             shareholders; (ii) the board review
                                                dominant or the competitive product                     SUMMARY:    The Postal Service gives                  quarterly reports of amounts spent
                                                list.                                                   notice of filing a request with the Postal            under the rule 12b–1 plan; and (iii) the
                                                   Section II identifies the docket                     Regulatory Commission to add a                        board, including the independent
                                                number(s) associated with each Postal                   domestic shipping services contract to                directors, consider continuation of the
                                                Service request, the title of each Postal               the list of Negotiated Service                        rule 12b–1 plan and any related
                                                Service request, the request’s acceptance               Agreements in the Mail Classification                 agreements at least annually. Rule 12b–
                                                date, and the authority cited by the                    Schedule’s Competitive Products List.                 1 also requires funds relying on the rule
                                                Postal Service for each request. For each                                                                     to preserve for six years, the first two
                                                                                                        DATES: Date of required notice: August
                                                request, the Commission appoints an                                                                           years in an easily accessible place,
                                                                                                        9, 2018.
                                                officer of the Commission to represent                                                                        copies of the rule 12b–1 plan and any
                                                the interests of the general public in the              FOR FURTHER INFORMATION CONTACT:
                                                                                                        Elizabeth Reed, 202–268–3179.                         related agreements and reports, as well
                                                proceeding, pursuant to 39 U.S.C. 505                                                                         as minutes of board meetings that
                                                (Public Representative). Section II also                SUPPLEMENTARY INFORMATION: The
                                                                                                                                                              describe the factors considered and the
                                                establishes comment deadline(s)                         United States Postal Service® hereby
                                                                                                                                                              basis for adopting or continuing a rule
                                                pertaining to each request.                             gives notice that, pursuant to 39 U.S.C.
                                                                                                                                                              12b–1 plan.
                                                   The public portions of the Postal                    3642 and 3632(b)(3), on August 3, 2018,                  Rule 12b–1 also prohibits funds from
                                                Service’s request(s) can be accessed via                it filed with the Postal Regulatory                   paying for distribution of fund shares
                                                the Commission’s website (http://                       Commission a USPS Request to Add                      with brokerage commissions on their
                                                www.prc.gov). Non-public portions of                    Priority Mail Contract 459 to                         portfolio transactions. The rule requires
                                                the Postal Service’s request(s), if any,                Competitive Product List. Documents                   funds that use broker-dealers that sell
                                                can be accessed through compliance                      are available at www.prc.gov, Docket                  their shares to also execute their
                                                with the requirements of 39 CFR                         Nos. MC2018–203, CP2018–282.                          portfolio securities transactions, to
                                                3007.40.                                                Elizabeth Reed,                                       implement policies and procedures
                                                   The Commission invites comments on                   Attorney, Corporate and Postal Business Law.          reasonably designed to prevent: (i) The
                                                whether the Postal Service’s request(s)                                                                       persons responsible for selecting broker-
                                                                                                        [FR Doc. 2018–17018 Filed 8–8–18; 8:45 am]
                                                in the captioned docket(s) are consistent                                                                     dealers to effect transactions in fund
                                                                                                        BILLING CODE 7710–12–P
                                                with the policies of title 39. For                                                                            portfolio securities from taking into
                                                request(s) that the Postal Service states                                                                     account broker-dealers’ promotional or
                                                concern market dominant product(s),                                                                           sales efforts when making those
                                                applicable statutory and regulatory                     SECURITIES AND EXCHANGE                               decisions; and (ii) a fund, its adviser, or
                                                requirements include 39 U.S.C. 3622, 39                 COMMISSION                                            its principal underwriter, from entering
                                                U.S.C. 3642, 39 CFR part 3010, and 39
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                                                                                                        Submission for OMB Review;                            into any agreement under which the
                                                CFR part 3020, subpart B. For request(s)                                                                      fund directs brokerage transactions or
                                                                                                        Comment Request
                                                that the Postal Service states concern                                                                        revenue generated by those transactions
                                                competitive product(s), applicable                      Upon Written Request, Copy Available                  to a broker-dealer to pay for distribution
                                                statutory and regulatory requirements                    From: Securities and Exchange                        of the fund’s (or any other fund’s)
                                                include 39 U.S.C. 3632, 39 U.S.C. 3633,                  Commission, Office of FOIA Services,                 shares.
                                                39 U.S.C. 3642, 39 CFR part 3015, and                    100 F Street NE, Washington, DC                         The board and shareholder approval
                                                39 CFR part 3020, subpart B. Comment                     20549–2736                                           requirements of rule 12b–1 are designed


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Document Created: 2018-08-09 01:12:21
Document Modified: 2018-08-09 01:12:21
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.
DatesDate of required notice: August 9, 2018.
ContactElizabeth Reed, 202-268-3179.
FR Citation83 FR 39480 

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