Product Change-Priority Mail Negotiated Service Agreement, 36164-36165 [2017-16321]
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36164
Federal Register / Vol. 82, No. 148 / Thursday, August 3, 2017 / Notices
POSTAL SERVICE
Change in Rates and Classes of
General Applicability for Competitive
Products
Postal Service.
ACTION: Notice of a change in rates of
general applicability for First-Class
Package Service Retail parcels, a new
price category within the competitive
product list.
AGENCY:
This notice sets forth changes
in rates of general applicability for a
new price category within the
competitive product list.
DATES: Date of notice required under 39
U.S.C. 3632(b)(2): August 3, 2017.
FOR FURTHER INFORMATION CONTACT: John
F. Rosato, 202–268–2990.
SUPPLEMENTARY INFORMATION: On
December 5, 2016, pursuant to their
authority under 39 U.S.C. 3632, the
Governors of the Postal Service
established prices and classification
changes for a product that the Postal
Service planned to transfer from the
market dominant product list to the
competitive product list, pending a final
determination from the Postal
Regulatory Commission (Commission)
approving the transfer. On July 20, 2017,
in Order No. 4009, the Commission
approved the transfer of First-Class Mail
Parcels Retail to the competitive
product list as a new price category
within First-Class Package Service,
conditional on the Postal Service
providing pricing for the transferred
product. The Governors’ Decision and
the record of proceedings in connection
with such decision are reprinted below
in accordance with section 3632(b)(2).
Pursuant to the Notice of the United
States Postal Service of Changes in Rates
of General Applicability for a
Competitive Product, Established in
Governors’ Decision No. 16–9 (Postal
Regulatory Commission Docket No.
CP2017–230), the new prices will be
implemented on September 3, 2017.
SUMMARY:
Stanley F. Mires,
Attorney, Federal Compliance.
mstockstill on DSK30JT082PROD with NOTICES
Decision of the Governors of the United
States Postal Service on Changes in
Rates of General Applicability for
Competitive Products (Governors’
Decision No. 16–9)
December 5, 2016
Statement of Explanation and
Justification
Pursuant to authority under section
3632 of title 39, as amended by the
Postal Accountability and Enhancement
Act of 2006 (‘‘PAEA’’), I establish price
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changes for the Postal Service’s
shipping services (competitive
products), specifically for First-Class
Package Service. The price changes are
described generally below, with a
schedule of the new prices in the
attachment.
If management is given the authority
by the Postal Regulatory Commission to
effectuate a transfer of First-Class Mail
Retail parcels to the competitive
product list, I hereby authorize the
attached prices for the new First-Class
Package Service Retail parcels price
category. These changes reflect a 9.9
percent average increase over the prices
in effect for First-Class Mail Retail
parcels, as of January 22, 2017. I further
authorize any additional conforming
Mail Classification Schedule changes
that may be necessary to implement the
transfer.
The changes I establish should enable
each competitive product to cover its
attributable costs (39 U.S.C. § 3633(a)(2))
and should result in competitive
products as a whole complying with 39
U.S.C. § 3633(a)(3), which, as
implemented by 39 CFR § 3015.7(c),
requires competitive products
collectively to contribute a minimum of
5.5 percent to the Postal Service’s
institutional costs. Accordingly, no
issue of subsidization of competitive
products by market dominant products
should arise (39 U.S.C. § 3633(a)(1)). I
therefore find that the new prices are in
accordance with 39 U.S.C. §§ 3632–3633
and 39 CFR § 3015.2.
Attachment to Governors’ Decision No.
16–9
MAIL CLASSIFICATION CHANGES
Part B
Competitive Products
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2125 First-Class Package Service
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2125.6 Prices
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RETAIL 1
Maximum Weight (ounces)
Single-Piece
($)
1 ............................................
2 ............................................
3 ............................................
4 ............................................
5 ............................................
6 ............................................
7 ............................................
8 ............................................
9 ............................................
10 ..........................................
11 ..........................................
12 ..........................................
13 ..........................................
$3.00
$3.00
$3.00
$3.00
$3.16
$3.32
$3.48
$3.64
$3.80
$3.96
$4.19
$4.36
$4.53
Notes
1. A handling charge of $0.01 per piece applies to foreign-origin, inbound direct entry
mail tendered by foreign postal operators, subject to the terms of an authorization
arrangement.
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[FR Doc. 2017–16328 Filed 8–2–17; 8:45 am]
BILLING CODE 7710–12–P
POSTAL SERVICE
Order
The changes in prices set forth herein
shall be effective thirty (30) days after
management has filed appropriate
notice of these changes with the Postal
Regulatory Commission
(‘‘Commission’’). I direct the Secretary
to have this decision published in the
Federal Register in accordance with 39
U.S.C. § 3632(b)(2), and direct
management to file with the
Commission appropriate notice of these
changes, unless this decision has been
superseded by a subsequent decision.
Further, this decision may be rescinded
in the event any new Governor is
confirmed by the Senate prior to the
filing of the notice of adjustment with
the Commission that is authorized
herein, and a majority of Governors then
in office vote to do so.
Product Change—Priority Mail
Negotiated Service Agreement
Postal ServiceTM.
Notice.
AGENCY:
ACTION:
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 notice required under 39
U.S.C. 3642(d)(1): August 3, 2017.
FOR FURTHER INFORMATION CONTACT:
Elizabeth A. Reed, 202–268–3179.
SUPPLEMENTARY INFORMATION: The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on July 28, 2017,
By The Governors:
it filed with the Postal Regulatory
/s/ lllllllllllllllllll Commission a Request of the United
James H. Bilbray
States Postal Service to Add Priority
Chairman, Temporary Emergency Committee Mail Contract 336 to Competitive
Product List. Documents are available at
of the Board of Governors
PO 00000
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Sfmt 4703
SUMMARY:
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03AUN1
Federal Register / Vol. 82, No. 148 / Thursday, August 3, 2017 / Notices
Product Change—Priority Mail and
First-Class Package Service
Negotiated Service Agreement
2017, Fixed Income Clearing
Corporation (‘‘FICC’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I, II and III
below, which Items have been prepared
by the clearing agency. FICC filed the
proposed rule change pursuant to
Section 19(b)(3)(A) of the Act 3 and Rule
19b–4(f)(2) thereunder.4 The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
Postal ServiceTM.
ACTION: Notice.
I. Clearing Agency’s Statement of the
Terms of Substance of the Proposed
Rule Change
www.prc.gov, Docket Nos. MC2017–162,
CP2017–227.
Stanley F. Mires,
Attorney, Federal Compliance.
[FR Doc. 2017–16321 Filed 8–2–17; 8:45 am]
BILLING CODE 7710–12–P
POSTAL SERVICE
AGENCY:
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 notice required under 39
U.S.C. 3642(d)(1): August 3, 2017.
FOR FURTHER INFORMATION CONTACT:
Elizabeth A. Reed, 202–268–3179.
SUPPLEMENTARY INFORMATION: The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on July 27, 2017,
it filed with the Postal Regulatory
Commission a Request of the United
States Postal Service to Add Priority
Mail & First-Class Package Service
Contract 48 to Competitive Product List.
Documents are available at
www.prc.gov, Docket Nos. MC2017–160,
CP2017–225.
SUMMARY:
Stanley F. Mires,
Attorney, Federal Compliance.
[FR Doc. 2017–16317 Filed 8–2–17; 8:45 am]
BILLING CODE 7710–12–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–81255; File No. SR–FICC–
2017–018]
mstockstill on DSK30JT082PROD with NOTICES
Self-Regulatory Organizations; Fixed
Income Clearing Corporation; Notice of
Filing and Immediate Effectiveness of
a Proposed Rule Change To Amend
the Fees in the Mortgage-Backed
Securities Division Clearing Rules and
the EPN Rules
July 28, 2017.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2
notice is hereby given that on July 28,
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
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On July 31, 2017, FICC will
implement proposed rule change SR–
FICC–2017–012 (‘‘Rule Filing 2017–
012’’).5 Rule Filing 2017–012 will
amend the Mortgage-Backed Securities
Division Clearing Rules (the ‘‘MBSD
Rules’’) to (1) move the time that FICC
novates and treats itself as the
settlement counterparty for certain
transactions, (2) guarantee and novate
trades with stipulations (‘‘Stipulated
Trades’’), and (3) establish new
processes that promote operational
efficiencies for Clearing Members.6 In
connection with Rule Filing 2017–012,
FICC is proposing with this filing to
amend the fees in the MBSD Rules and
the EPN Rules (the ‘‘EPN Rules’’) as
further described below.7 The changes
proposed in this filing would become
effective on August 1, 2017, as
described below.
II. Clearing Agency’s Statement of the
Purpose of, and Statutory Basis for, the
Proposed Rule Change
In its filing with the Commission, the
clearing agency included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
clearing agency has prepared
summaries, set forth in sections A, B,
and C below, of the most significant
aspects of such statements.
3 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(2).
5 Securities Exchange Act Release No. 81051
(June 29, 2017), 82 FR 31378 (July 6, 2017) (SR–
FICC–2017–012) (‘‘Approval Order’’).
6 Id. In connection with the changes in Rule
Filing 2017–012, FICC will implement new
processes that promote operational efficiencies for
Clearing Members. The full text of Rule Filing
2017–012 may be obtained by visiting DTCC’s Web
site at https://www.dtcc.com/legal/sec-rule-filings.
7 Capitalized terms not defined herein are defined
in the MBSD Rules and the EPN Rules, available
at https://www.dtcc.com/legal/rules-and-procedures.
4 17
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36165
(A) Clearing Agency’s Statement of the
Purpose of, and Statutory Basis for, the
Proposed Rule Change
1. Purpose
On July 31, 2017, FICC will amend
the MBSD Rules to (1) move the time
that FICC novates and treats itself as the
settlement counterparty for certain
transactions, (2) guarantee and novate
trades with stipulations (‘‘Stipulated
Trades’’), and (3) establish new
processes that promote operational
efficiencies for Clearing Members.8 In
connection with Rule Filing 2017–012,
FICC is proposing with this filing to
amend the fees in the MBSD Rules and
the EPN Rules as further described
below. The changes proposed in this
filing would become effective on August
1, 2017, as described below.
I. Proposed Changes to the MBSD Rules
FICC is proposing to amend the fees
in the MBSD Rules’ Schedule of Charges
Broker Account Group as listed below.
1. The Account Maintenance section
would be amended to eliminate the
‘‘Option Account’’ fee. This change is
being proposed because FICC will
eliminate the Broker ‘‘give-up’’ process
from the MBSD Rules in connection
with Rule Filing 2017–012.9 Because the
submission of Broker Give-Up Trades
(which includes Option Contracts) will
be eliminated, the associated account
maintenance fee for Option Accounts
will be eliminated.
2. The Trade Processing section
would be amended to change the name
of the ‘‘Give-Up Trade Creates’’ fee to
the ‘‘Trade Creates’’ fee. This change is
being proposed because FICC will
eliminate the Broker ‘‘give-up’’ process
from the MBSD Rules in connection
with Rule Filing 2017–012.10
3. The Processing Fees section would
be amended to increase the ‘‘Trade
Input Non-Compliance’’ fee to $1,000 a
month per Account from $500 a month
per Account. This change is being
proposed in order to encourage Clearing
Members to submit transactions into
FICC’s Real-Time Trade Matching
(‘‘RTTM’’) system in a timely manner.
The timely submission of transactions is
especially important because FICC will
novate and become the settlement
counterparty to all transactions (other
than Option Contracts) pursuant to Rule
Filing 2017–012.11
FICC is proposing to amend the fees
in the MBSD Rules’ Schedule of Charges
Dealer Account Group as listed below.
8 See
9 See
Approval Order, supra note 5.
Approval Order, 82 FR at 31382.
10 Id.
11 See
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Approval Order, supra note 5.
03AUN1
Agencies
[Federal Register Volume 82, Number 148 (Thursday, August 3, 2017)]
[Notices]
[Pages 36164-36165]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-16321]
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POSTAL SERVICE
Product Change--Priority Mail Negotiated Service Agreement
AGENCY: Postal ServiceTM.
ACTION: Notice.
-----------------------------------------------------------------------
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 notice required under 39 U.S.C. 3642(d)(1): August 3,
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
July 28, 2017, it filed with the Postal Regulatory Commission a Request
of the United States Postal Service to Add Priority Mail Contract 336
to Competitive Product List. Documents are available at
[[Page 36165]]
www.prc.gov, Docket Nos. MC2017-162, CP2017-227.
Stanley F. Mires,
Attorney, Federal Compliance.
[FR Doc. 2017-16321 Filed 8-2-17; 8:45 am]
BILLING CODE 7710-12-P