Product Change-Priority Mail Negotiated Service Agreement, 43261 [2017-19471]
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Federal Register / Vol. 82, No. 177 / Thursday, September 14, 2017 / Notices
www.prc.gov, Docket Nos. MC2017–195,
CP2017–296.
Elizabeth A. Reed,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2017–19469 Filed 9–13–17; 8:45 am]
BILLING CODE 7710–12–P
POSTAL SERVICE
Product Change—Priority Mail
Negotiated Service Agreement
Postal ServiceTM.
ACTION: Notice.
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): September 14, 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 September 8,
2017, it filed with the Postal Regulatory
Commission a Request of the United
States Postal Service to Add Priority
Mail Contract 354 to Competitive
Product List. Documents are available at
www.prc.gov, Docket Nos. MC2017–196,
CP2017–297.
SUMMARY:
Elizabeth A. Reed,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2017–19471 Filed 9–13–17; 8:45 am]
BILLING CODE 7710–12–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–81555; File No. SR–ISE–
2017–80]
Self-Regulatory Organizations; Nasdaq
ISE, LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change To Delay Implementation
of SR–ISE–2017–32
asabaliauskas on DSKBBXCHB2PROD with NOTICES
September 8, 2017.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on August
28, 2017, Nasdaq ISE, LLC (‘‘ISE’’ or
‘‘Exchange’’) filed with the Securities
and Exchange Commission (‘‘SEC’’ or
‘‘Commission’’) the proposed rule
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
VerDate Sep<11>2014
16:41 Sep 13, 2017
Jkt 241001
change as described in Items I, II, and
III below, which Items have been
prepared by the Exchange. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to delay the
implementation of SR–ISE–2017–32,
and to make non-substantive, technical
amendments to the new By-Laws filed
as part of that rule change proposal.
The text of the proposed rule change
is available on the Exchange’s Web site
at www.ise.com, at the principal office
of the Exchange, and at the
Commission’s Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange 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
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant aspects of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The purpose of the proposal is to
delay the implementation of SR–ISE–
2017–32 (hereinafter, ‘‘Governance
Proposal’’) and to make non-substantive,
technical amendments to the new ByLaws filed as part of that rule change.
The changes are described in detail
below.
The Exchange received approval of its
Governance Proposal on July 31, 2017.3
Within that rule change, the Exchange
proposed to implement the Governance
Proposal no later than by the end of the
third quarter of 2017 (i.e., by September
30, 2017).4 The Exchange notes that its
affiliates, Nasdaq GEMX, LLC and
Nasdaq MRX, LLC have submitted or
will submit nearly identical proposed
rule changes, but stated or will state in
their proposals that they intend to
3 See Securities Exchange Act Release No. 81263
(July 31, 2017), 82 FR 36497 (August 4, 2017) (SR–
ISE–2017–32) (hereinafter, ‘‘Governance Approval
Order’’).
4 Id.
PO 00000
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Fmt 4703
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43261
implement the proposed rule changes
no later than by the end of the fourth
quarter of 2017 (i.e., by December 31,
2017).5 As such, the Exchange proposes
to delay the implementation of the
Governance Proposal from a date no
later than September 30, 2017 to a date
no later than December 31, 2017 in
order to align the implementation of the
Governance Proposal with its affiliates.
The Exchange will announce the
specific date in advance through a
Regulatory Alert.
The Exchange also proposes to make
minor clarifications to the proposed ByLaws that were filed as part of the
Governance Proposal. First, the
Exchange proposes to amend the last
sentence in proposed By-Law Article III,
Section 5(c) by changing the current
reference therein to Rule 4200 of the
Rules of the NASDAQ Stock Market LLC
to Rule 5605. The definition of
‘‘independent director’’ is set forth in
Rule 5605 of the NASDAQ Stock Market
LLC, and not Rule 4200, so the
Exchange seeks to correct this reference
in its proposed By-Laws. The Exchange
also proposes to correct certain typos in
the same sentence to indicate that the
portion therein that starts with ‘‘the
Regulatory Oversight Committee shall
consist of three members . . .’’ is a
separate, new sentence.
In addition, the Exchange proposes to
replace the first sentence in proposed
By-Law Article VIII, Section 1 with the
following: ‘‘These By-Laws may be
altered, amended, or repealed, or new
By-Laws may be adopted, by a
resolution adopted by the Board at any
regular or special meeting of the Board
or a written agreement executed and
delivered by the Company Member.’’
By-Law Article VIII, Section 1, which
contains By-Law amendment
provisions, is intended to authorize
amendments to the By-Laws by either
the Company Member (i.e., International
Securities Exchange Holdings, Inc.) or
the majority of the Exchange’s Board of
Directors.6 For one, Section 1’s title
itself states ‘‘By the Company Member
or Board’’ to indicate that either the
Company Member or the Board is
authorized to amend the proposed By5 See Securities Exchange Act Release No. 81422
(August 17, 2017), 82 FR 40026 (August 23, 2017)
(SR–GEMX–2017–37) (Notice of Filing of Proposed
Rule Change to Adopt New Corporate Governance).
6 See Governance Approval Order at 36504 and
accompanying footnote 113. See also Securities
Exchange Act Release No. 80530 (April 26, 2017),
82 FR 20508 (May 2, 2017) (SR–ISE–2017–32)
(hereinafter, ‘‘Notice of Filing’’) at 20521. The
Exchange states in both the Governance Approval
Order and Notice of Filing that amendments to the
proposed By-Laws may be enacted by ‘‘either the
Sole LLC Member or the vote of a majority of the
whole Board.’’
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]]>Agencies
[Federal Register Volume 82, Number 177 (Thursday, September 14, 2017)]
[Notices]
[Page 43261]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-19471]
-----------------------------------------------------------------------
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): September
14, 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
September 8, 2017, it filed with the Postal Regulatory Commission a
Request of the United States Postal Service to Add Priority Mail
Contract 354 to Competitive Product List. Documents are available at
www.prc.gov, Docket Nos. MC2017-196, CP2017-297.
Elizabeth A. Reed,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2017-19471 Filed 9-13-17; 8:45 am]
BILLING CODE 7710-12-P
