Post Office Closing, 53986-53987 [2011-22056]
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53986
Federal Register / Vol. 76, No. 168 / Tuesday, August 30, 2011 / Notices
PROCEDURAL SCHEDULE—Continued
December 12, 2011 ........................................
By the Commission.
Shoshana M. Grove,
Secretary.
[FR Doc. 2011–22055 Filed 8–29–11; 8:45 am]
BILLING CODE 7710–FW–P
POSTAL REGULATORY COMMISSION
[Docket No. A2011–49; Order No. 819]
Post Office Closing
Postal Regulatory Commission.
Notice.
AGENCY:
ACTION:
This document informs the
public that an appeal of the closing of
the Pinehurst Village Station, Pinehurst,
North Carolina has been filed. It
identifies preliminary steps and
provides a procedural schedule.
Publication of this document will allow
the Postal Service, petitioners, and
others to take appropriate action.
DATES: Administrative record due (from
Postal Service): September 2, 2011;
deadline for notices to intervene:
September 16, 2011. See the Procedural
Schedule in the SUPPLEMENTARY
INFORMATION section for other dates of
interest.
ADDRESSES: Submit comments
electronically by accessing the ‘‘Filing
Online’’ link in the banner at the top of
the Commission’s Web site (https://
www.prc.gov) or by directly accessing
the Commission’s Filing Online system
at https://www.prc.gov/prc-pages/filingonline/login.aspx. Commenters who
cannot submit their views electronically
should contact the person identified in
the FOR FURTHER INFORMATION CONTACT
section as the source for case-related
information for advice on alternatives to
electronic filing.
FOR FURTHER INFORMATION CONTACT:
Stephen L. Sharfman, General Counsel,
at 202–789–6820 (case-related
information) or DocketAdmins@prc.gov
(electronic filing assistance).
SUPPLEMENTARY INFORMATION: Notice is
hereby given that, pursuant to 39 U.S.C.
404(d), on August 18, 2011, the
Commission received a petition for
review of the Postal Service’s
determination to close the Pinehurst
Village Station in Pinehurst, North
Carolina. The petition was filed by John
M. Marcum and Bettye M. Marcum
(Petitioners) and is postmarked August
12, 2011. The Commission hereby
institutes a proceeding under 39 U.S.C.
mstockstill on DSK4VPTVN1PROD with NOTICES
SUMMARY:
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20:31 Aug 29, 2011
Jkt 223001
Expiration of the Commission’s 120-day decisional schedule (see 39 U.S.C. 404(d)(5)).
404(d)(5) and establishes Docket No.
A2011–49 to consider Petitioners’
appeal. If Petitioners would like to
further explain their position with
supplemental information or facts,
Petitioners may either file a Participant
Statement on PRC Form 61 or file a brief
with the Commission no later than
September 22, 2011.
Categories of issues apparently raised.
Petitioners contend that: (1) The Postal
Service failed to consider the effect of
the closing on the community (see 39
U.S.C. 404(d)(2)(A)(i)); and (2) and
failure of the Postal Service to follow
procedures required by law regarding
closures (see 39 U.S.C. 404(d)(5)(B)).
After the Postal Service files the
administrative record and the
Commission reviews it, the Commission
may find that there are more legal issues
than the one set forth above, or that the
Postal Service’s determination disposes
of one or more of those issues. The
deadline for the Postal Service to file the
applicable administrative record with
the Commission is September 2, 2011.
See 39 CFR 3001.113. In addition, the
due date for any responsive pleading by
the Postal Service to this notice is
September 2, 2011.
Availability; Web site posting. The
Commission has posted the appeal and
supporting material on its Web site at
https://www.prc.gov. Additional filings
in this case and participants’
submissions also will be posted on the
Commission’s Web site, if provided in
electronic format or amenable to
conversion, and not subject to a valid
protective order. Information on how to
use the Commission’s Web site is
available online or by contacting the
Commission’s webmaster via telephone
at 202–789–6873 or via electronic mail
at prc-webmaster@prc.gov.
The appeal and all related documents
are also available for public inspection
in the Commission’s docket section.
Docket section hours are 8 a.m. to 4:30
p.m., eastern time, Monday through
Friday, except on Federal government
holidays. Docket section personnel may
be contacted via electronic mail at prcdockets@prc.gov or via telephone at
202–789–6846.
Filing of documents. All filings of
documents in this case shall be made
using the Internet (Filing Online)
pursuant to Commission rules 9(a) and
10(a) at the Commission’s Web site,
https://www.prc.gov, unless a waiver is
obtained. See 39 CFR 3001.9(a) and
PO 00000
Frm 00112
Fmt 4703
Sfmt 4703
3001.10(a). Instructions for obtaining an
account to file documents online may be
found on the Commission’s Web site or
by contacting the Commission’s docket
section at prc-dockets@prc.gov or via
telephone at 202–789–6846.
The Commission reserves the right to
redact personal information which may
infringe on an individual’s privacy
rights from documents filed in this
proceeding.
Intervention. Persons, other than
Petitioners and respondent, wishing to
be heard in this matter are directed to
file a notice of intervention. See 39 CFR
3001.111(b). Notices of intervention in
this case are to be filed on or before
September 16, 2011. A notice of
intervention shall be filed using the
Internet (Filing Online) at the
Commission’s Web site unless a waiver
is obtained for hardcopy filing. See 39
CFR 3001.9(a) and 3001.10(a).
Further procedures. By statute, the
Commission is required to issue its
decision within 120 days from the date
it receives the appeal. See 39 U.S.C.
404(d)(5). A procedural schedule has
been developed to accommodate this
statutory deadline. In the interest of
expedition, in light of the 120-day
decision schedule, the Commission may
request the Postal Service or other
participants to submit information or
memoranda of law on any appropriate
issue. As required by the Commission
rules, if any motions are filed, responses
are due 7 days after any such motion is
filed. See 39 CFR 3001.21.
It is ordered:
1. The Postal Service shall file the
applicable administrative record
regarding this appeal no later than
September 2, 2011.
2. Any responsive pleading by the
Postal Service to this notice is due no
later than September 2, 2011.
3. The procedural schedule listed
below is hereby adopted.
4. Pursuant to 39 U.S.C. 505, Malin
Moench is designated officer of the
Commission (Public Representative) to
represent the interests of the general
public.
5. The Secretary shall arrange for
publication of this notice and order in
the Federal Register.
By the Commission.
Shoshana M. Grove,
Secretary.
E:\FR\FM\30AUN1.SGM
30AUN1
Federal Register / Vol. 76, No. 168 / Tuesday, August 30, 2011 / Notices
53987
PROCEDURAL SCHEDULE
August 18, 2011 ..............................
September 2, 2011 .........................
September 2, 2011 .........................
September 16, 2011 .......................
September 22, 2011 .......................
October 12, 2011 ............................
October 27, 2011 ............................
November 3, 2011 ..........................
December 12, 2011 ........................
Filing of Appeal.
Deadline for the Postal Service to file the applicable administrative record in this appeal.
Deadline for the Postal Service to file any responsive pleading.
Deadline for notices to intervene (see 39 CFR 3001.111(b)).
Deadline for Petitioners’ Form 61 or initial brief in support of petition (see 39 CFR 3001.115(a) and (b)).
Deadline for answering brief in support of the Postal Service (see 39 CFR 3001.115(c)).
Deadline for reply briefs in response to answering briefs (see 39 CFR 3001.115(d)).
Deadline for motions by any party requesting oral argument; the Commission will schedule oral argument
only when it is a necessary addition to the written filings (see 39 CFR 3001.116).
Expiration of the Commission’s 120-day decisional schedule (see 39 U.S.C. 404(d)(5)).
Dated: August 25, 2011.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2011–22056 Filed 8–29–11; 8:45 am]
BILLING CODE 7710–FW–P
[FR Doc. 2011–22217 Filed 8–26–11; 11:15 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
SECURITIES AND EXCHANGE
COMMISSION
mstockstill on DSK4VPTVN1PROD with NOTICES
Sunshine Act Meeting
Notice is hereby given, pursuant to
the provisions of the Government in the
Sunshine Act, Public Law 94–409, that
the Securities and Exchange
Commission will hold a Closed Meeting
on Thursday, September 1, 2011 at 2
p.m.
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the Closed Meeting. Certain
staff members who have an interest in
the matters also may be present.
The General Counsel of the
Commission, or his designee, has
certified that, in his opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (7), 9(B) and (10)
and 17 CFR 200.402(a)(3), (5), (7), 9(ii)
and (10), permit consideration of the
scheduled matters at the Closed
Meeting.
Commissioner Paredes, as duty
officer, voted to consider the items
listed for the Closed Meeting in a closed
session.
The subject matter of the Closed
Meeting scheduled for Thursday,
September 1, 2011 will be:
Institution and settlement of injunctive
actions;
Institution and settlement of
administrative proceedings; and
Other matters relating to enforcement
proceedings.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items.
For further information and to
ascertain what, if any, matters have been
added, deleted or postponed, please
contact:
The Office of the Secretary at (202)
551–5400.
VerDate Mar<15>2010
20:31 Aug 29, 2011
Jkt 223001
[Release No. 34–65186; File No. SR–DTC–
2011–06]
Self-Regulatory Organizations; The
Depository Trust Company; Order
Granting Approval of a Proposed Rule
Change To Amend Rules Relating to
the Early Redemption of Certificates of
Deposit
August 23, 2011.
I. Introduction
On July 1, 2011, The Depository Trust
Company (‘‘DTC’’) filed proposed rule
change SR–DTC–2011–06 with the
Securities and Exchange Commission
(‘‘Commission’’) pursuant to Section
19(b)(1) of the Securities Exchange Act
of 1934 (‘‘Act’’).1 Notice of the proposed
rule change was published in the
Federal Register on July 18, 2011.2 The
Commission received no comment
letters. For the reasons discussed below,
the Commission is granting approval of
the proposed rule change.
II. Description
Recently, several issuers of
Certificates of Deposit (‘‘CDs’’) have
contacted DTC in an attempt to redeem
or ‘‘call’’ their CDs prior to the maturity
date. The master certificate of these CDs
did not expressly specify that they were
callable or subject to early redemption.
In some instances, the issuer offered to
pay DTC participants the principal plus
interest through the date of maturity. In
other instances, the issuer offered to pay
principal plus interest only through the
date of redemption. Because the master
1 15
U.S.C. 78s(b)(1).
Exchange Act Release No. 64864 (July
12, 2011), 76 FR 42149 (July 18, 2011). A technical
correction to this notice was made on July 18, 2011.
76 FR 45309 (July 28, 2011).
2 Securities
PO 00000
Frm 00113
Fmt 4703
Sfmt 4703
certificates did not expressly indicate
the CDs could be redeemed early, a
number of DTC participants expressed
their concerns that the CDs had been
sold to investors without disclosing the
possibility of early redemption.
Over the past several months, DTC
has worked with industry
representatives, including the Retail
Fixed Income Committee of The
Securities Industry and Financial
Markets Association (‘‘SIFMA’’), to
better understand the issues related to
the early redemption of CDs that do not
contain express early redemption
provisions. As a result, DTC is
amending its Redemption Service Guide
to state that DTC will not process early
redemptions or calls on CDs unless (1)
There is an explicit provision in the
master certificate that permits early
redemption by the issuer and specifies
the payment to be made in connection
therewith or (2) written consent to an
early redemption in a form designated
by DTC is obtained by the issuer from
all of the holders of the CD.
Furthermore, in the event that an issuer
sends such payment to DTC in
contravention of the rule, DTC will
return the payment, less any costs
associated with facilitating the
attempted redemption and return of
funds, to the issuer.
III. Discussion
Section 17A(b)(3)(F) of the Act
requires, among other things, that the
rules of a clearing agency be designed to
promote the prompt and accurate
clearance and settlement of securities
transactions and to remove
impediments to and perfect the
mechanism of a national system for the
prompt and accurate clearance and
settlement of securities transactions.3
The Commission finds that DTC’s rule
change should clarify the terms and
conditions under which DTC will
process the early redemption of certain
CDs and thus should facilitate the
prompt and accurate clearance and
settlement of transactions involving
3 15
E:\FR\FM\30AUN1.SGM
U.S.C. 78q–1(b)(3)(F).
30AUN1
Agencies
[Federal Register Volume 76, Number 168 (Tuesday, August 30, 2011)]
[Notices]
[Pages 53986-53987]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-22056]
-----------------------------------------------------------------------
POSTAL REGULATORY COMMISSION
[Docket No. A2011-49; Order No. 819]
Post Office Closing
AGENCY: Postal Regulatory Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: This document informs the public that an appeal of the closing
of the Pinehurst Village Station, Pinehurst, North Carolina has been
filed. It identifies preliminary steps and provides a procedural
schedule. Publication of this document will allow the Postal Service,
petitioners, and others to take appropriate action.
DATES: Administrative record due (from Postal Service): September 2,
2011; deadline for notices to intervene: September 16, 2011. See the
Procedural Schedule in the SUPPLEMENTARY INFORMATION section for other
dates of interest.
ADDRESSES: Submit comments electronically by accessing the ``Filing
Online'' link in the banner at the top of the Commission's Web site
(https://www.prc.gov) or by directly accessing the Commission's Filing
Online system at https://www.prc.gov/prc-pages/filing-online/login.aspx. Commenters who cannot submit their views electronically
should contact the person identified in the FOR FURTHER INFORMATION
CONTACT section as the source for case-related information for advice
on alternatives to electronic filing.
FOR FURTHER INFORMATION CONTACT: Stephen L. Sharfman, General Counsel,
at 202-789-6820 (case-related information) or DocketAdmins@prc.gov
(electronic filing assistance).
SUPPLEMENTARY INFORMATION: Notice is hereby given that, pursuant to 39
U.S.C. 404(d), on August 18, 2011, the Commission received a petition
for review of the Postal Service's determination to close the Pinehurst
Village Station in Pinehurst, North Carolina. The petition was filed by
John M. Marcum and Bettye M. Marcum (Petitioners) and is postmarked
August 12, 2011. The Commission hereby institutes a proceeding under 39
U.S.C. 404(d)(5) and establishes Docket No. A2011-49 to consider
Petitioners' appeal. If Petitioners would like to further explain their
position with supplemental information or facts, Petitioners may either
file a Participant Statement on PRC Form 61 or file a brief with the
Commission no later than September 22, 2011.
Categories of issues apparently raised. Petitioners contend that:
(1) The Postal Service failed to consider the effect of the closing on
the community (see 39 U.S.C. 404(d)(2)(A)(i)); and (2) and failure of
the Postal Service to follow procedures required by law regarding
closures (see 39 U.S.C. 404(d)(5)(B)).
After the Postal Service files the administrative record and the
Commission reviews it, the Commission may find that there are more
legal issues than the one set forth above, or that the Postal Service's
determination disposes of one or more of those issues. The deadline for
the Postal Service to file the applicable administrative record with
the Commission is September 2, 2011. See 39 CFR 3001.113. In addition,
the due date for any responsive pleading by the Postal Service to this
notice is September 2, 2011.
Availability; Web site posting. The Commission has posted the
appeal and supporting material on its Web site at https://www.prc.gov.
Additional filings in this case and participants' submissions also will
be posted on the Commission's Web site, if provided in electronic
format or amenable to conversion, and not subject to a valid protective
order. Information on how to use the Commission's Web site is available
online or by contacting the Commission's webmaster via telephone at
202-789-6873 or via electronic mail at prc-webmaster@prc.gov.
The appeal and all related documents are also available for public
inspection in the Commission's docket section. Docket section hours are
8 a.m. to 4:30 p.m., eastern time, Monday through Friday, except on
Federal government holidays. Docket section personnel may be contacted
via electronic mail at prc-dockets@prc.gov or via telephone at 202-789-
6846.
Filing of documents. All filings of documents in this case shall be
made using the Internet (Filing Online) pursuant to Commission rules
9(a) and 10(a) at the Commission's Web site, https://www.prc.gov, unless
a waiver is obtained. See 39 CFR 3001.9(a) and 3001.10(a). Instructions
for obtaining an account to file documents online may be found on the
Commission's Web site or by contacting the Commission's docket section
at prc-dockets@prc.gov or via telephone at 202-789-6846.
The Commission reserves the right to redact personal information
which may infringe on an individual's privacy rights from documents
filed in this proceeding.
Intervention. Persons, other than Petitioners and respondent,
wishing to be heard in this matter are directed to file a notice of
intervention. See 39 CFR 3001.111(b). Notices of intervention in this
case are to be filed on or before September 16, 2011. A notice of
intervention shall be filed using the Internet (Filing Online) at the
Commission's Web site unless a waiver is obtained for hardcopy filing.
See 39 CFR 3001.9(a) and 3001.10(a).
Further procedures. By statute, the Commission is required to issue
its decision within 120 days from the date it receives the appeal. See
39 U.S.C. 404(d)(5). A procedural schedule has been developed to
accommodate this statutory deadline. In the interest of expedition, in
light of the 120-day decision schedule, the Commission may request the
Postal Service or other participants to submit information or memoranda
of law on any appropriate issue. As required by the Commission rules,
if any motions are filed, responses are due 7 days after any such
motion is filed. See 39 CFR 3001.21.
It is ordered:
1. The Postal Service shall file the applicable administrative
record regarding this appeal no later than September 2, 2011.
2. Any responsive pleading by the Postal Service to this notice is
due no later than September 2, 2011.
3. The procedural schedule listed below is hereby adopted.
4. Pursuant to 39 U.S.C. 505, Malin Moench is designated officer of
the Commission (Public Representative) to represent the interests of
the general public.
5. The Secretary shall arrange for publication of this notice and
order in the Federal Register.
By the Commission.
Shoshana M. Grove,
Secretary.
[[Page 53987]]
Procedural Schedule
------------------------------------------------------------------------
------------------------------------------------------------------------
August 18, 2011................... Filing of Appeal.
September 2, 2011................. Deadline for the Postal Service to
file the applicable administrative
record in this appeal.
September 2, 2011................. Deadline for the Postal Service to
file any responsive pleading.
September 16, 2011................ Deadline for notices to intervene
(see 39 CFR 3001.111(b)).
September 22, 2011................ Deadline for Petitioners' Form 61 or
initial brief in support of
petition (see 39 CFR 3001.115(a)
and (b)).
October 12, 2011.................. Deadline for answering brief in
support of the Postal Service (see
39 CFR 3001.115(c)).
October 27, 2011.................. Deadline for reply briefs in
response to answering briefs (see
39 CFR 3001.115(d)).
November 3, 2011.................. Deadline for motions by any party
requesting oral argument; the
Commission will schedule oral
argument only when it is a
necessary addition to the written
filings (see 39 CFR 3001.116).
December 12, 2011................. Expiration of the Commission's 120-
day decisional schedule (see 39
U.S.C. 404(d)(5)).
------------------------------------------------------------------------
[FR Doc. 2011-22056 Filed 8-29-11; 8:45 am]
BILLING CODE 7710-FW-P