Sunshine Act Meeting, 1523-1524 [2012-304]
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Federal Register / Vol. 77, No. 6 / Tuesday, January 10, 2012 / Notices
mstockstill on DSK4VPTVN1PROD with NOTICES
changes; presents a table with survey
results; and compares the results from
FY 2010 to FY 2011. Id. at 10–13.
Product analysis and other
information. The FY 2011 ACR includes
a detailed analysis of each market
dominant product, including domestic
NSAs in effect during FY 2011. Id. at
14–48. It also presents information
responsive to 39 U.S.C. 3652(b) on
worksharing discounts. Id. at 50–60.
Competitive products. The FY 2011
ACR provides costs, revenues, and
volumes for competitive products of
general applicability in the FY 2011
CRA (or ICRA). For competitive
products not of general applicability,
data are provided in non-public library
references USPS–FY11–NP2 and USPS–
FY11–NP27. The FY 2011 ACR also
addresses the competitive product
pricing standards of 39 U.S.C. 3633. Id.
at 60–64.
Market tests; nonpostal services. The
Postal Service also addresses the three
market dominant market tests
conducted during FY 2011, the two
competitive market tests conducted
during FY 2011, and nonpostal services.
Id. at 64–68. With respect to the latter,
it notes that in the last ACD, the
Commission linked further reporting on
nonpostal services to the approval of
classification language in Docket No.
MC2010–24, and that docket was still
pending as of the end of FY 2011. The
Postal Service states that it has
attempted to improve its nonpostal
services reporting in this ACR, but it
considers the information it is providing
as generally comparable to what it
previously provided. Id. at 67.
III. Procedural Steps
Statutory requirements. Section 3653
of title 39 requires the Commission to
provide interested persons with an
opportunity to comment on the ACR
and to appoint a Public Representative
to represent the interests of the general
public. The Commission hereby solicits
public comment on the Postal Service’s
FY 2011 ACR and on whether any rates
or fees in effect during FY 2011 (for
products individually or collectively)
were not in compliance with applicable
provisions of chapter 36 of title 39 (or
regulations promulgated thereunder).
Commenters addressing market
dominant products are referred in
particular to the applicable
requirements (39 U.S.C. 3622(d) and (e)
and 3626); objectives (39 U.S.C.
3622(b)); and factors (39 U.S.C. 3622(c)).
Commenters addressing competitive
products are referred to in 39 U.S.C.
3633.
The Commission also invites public
comment on the cost coverage matters
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the Postal Service addresses in its filing;
service performance results; levels of
customer satisfaction achieved; progress
toward goals established in the annual
Comprehensive Statement; and such
other matters that may be relevant to the
Commission’s review. Comments on
these topics will, inter alia, assist the
Commission in developing appropriate
recommendations to the Postal Service
related to the protection or promotion of
the public policy objectives of title 39.
Access to filing. The Commission has
posted the publicly available portions of
the FY 2011 ACR on its Web site,
https://www.prc.doc.
Comment deadlines. Comments by
interested persons are due on or before
February 3, 2012. Reply comments are
due on or before February 17, 2012. The
Commission, upon completion of its
review of the FY 2011 ACR, public
comments, and other data and
information submitted in this
proceeding, will issue its ACD. Those
needing assistance filing electronically
may contact the Docket Section
supervisor at (202) 789–6846 or via
email at PRC–DOCKETS@prc.gov.
Inquiries about access to non-public
materials should also be directed to the
Docket Section.
Public representative. Kenneth E.
Richardson is designated to serve as the
Public Representative to represent the
interests of the general public in this
proceeding, assisted by Lawrence
Fenster and Elena Patel. Neither the
Public Representative nor any
additional persons assigned to assist
him shall participate in or advise as to
any Commission decision in this
proceeding other than in their
designated capacity.
IV. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket
No. ACR2011 to consider matters raised
by the United States Postal Service’s FY
2011 Annual Compliance Report.
2. Pursuant to 35 U.S.C. 505, the
Commission appoints Kenneth E.
Richardson as officer of the Commission
(Public Representative) in this
proceeding to represent the interests of
the general public.
3. Comments on the United States
Postal Service’s FY 2011 Annual
Compliance Report to the Commission,
including the Comprehensive Statement
of Postal Operations and other reports,
are due on or before February 3, 2012.
4. Reply comments are due on or
before February 17, 2012.
5. The Secretary shall arrange for
publication of this order in the Federal
Register.
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By the Commission.
Shoshana M. Grove,
Secretary.
[FR Doc. 2012–164 Filed 1–9–12; 8:45 am]
BILLING CODE 7710–FW–P
RAILROAD RETIREMENT BOARD
Sunshine Act Meeting Notice
Notice is hereby given that the
Railroad Retirement Board will hold a
meeting on January 18, 2012, 10 a.m. at
the Board’s meeting room on the 8th
floor of its headquarters building, 844
North Rush Street, Chicago, Illinois,
60611. The agenda for this meeting
follows:
Portion open to the public:
(1) Executive Committee Reports.
The person to contact for more
information is Martha P. Rico, Secretary
to the Board, Phone No. (312) 751–4920.
Dated: January 4, 2012.
Martha P. Rico,
Secretary to the Board.
[FR Doc. 2012–299 Filed 1–6–12; 11:15 am]
BILLING CODE 7905–01–P
SECURITIES AND EXCHANGE
COMMISSION
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, January 12, 2012 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,
January 12, 2012 will be:
Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings;
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1524
Federal Register / Vol. 77, No. 6 / Tuesday, January 10, 2012 / Notices
Other matters relating to enforcement
proceedings; and an adjudicatory
matter.
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.
Dated: January 5, 2012.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2012–304 Filed 1–6–12; 11:15 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–66096; File No. SR–FINRA–
2011–044]
Self-Regulatory Organizations;
Financial Industry Regulatory
Authority, Inc.; Order Approving
Proposed Rule Change Relating to
FINRA’s Code of Procedure
January 4, 2012.
I. Introduction
On November 8, 2011, the Financial
Industry Regulatory Authority, Inc.
(‘‘FINRA’’) filed with the Securities and
Exchange Commission (‘‘Commission’’),
pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a
proposed rule change relating to
FINRA’s Code of Procedure (‘‘Code’’).
The proposed rule change was
published for comment in the Federal
Register on November 23, 2011.3 The
Commission received no comments on
the proposal. This order approves the
proposed rule change.
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II. Description of the Proposal
FINRA’s Code contains detailed
provisions for initiating and
adjudicating various types of actions,
including disciplinary, eligibility,
expedited, and cease and desist
proceedings. As described further
below, FINRA is proposing a number of
changes to its Code. According to
FINRA, the changes are procedural in
nature and will not affect any party’s
substantive rights.
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 Securities Exchange Act Release No. 65787
(November 18, 2011), 76 FR 72463 (‘‘Notice’’).
2 17
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Service of Complaint
Currently, FINRA Rule 9131(a)
requires a complaint to be served on
each party by the Department of
Enforcement or the Department of
Market Regulation. The rule does not
explicitly permit FINRA staff to serve
the complaint on a party’s counsel. The
proposed rule change would amend
FINRA Rule 9131(a) to clarify that only
the Department of Enforcement or the
Department of Market Regulation can
serve a complaint and to allow for
service on counsel or another person
authorized to represent others when the
representative agrees to accept service of
the complaint on behalf of the
respondent. The proposed rule change
also would amend FINRA Rules
9551(b), 9552(b), 9553(b), 9554(b),
9555(b) and 9556(b) to allow for service
on counsel or another person authorized
to represent others when the
representative agrees to accept service of
a notice.
FINRA Rule 9131(a) also provides that
a party initiating a proceeding shall
serve a document initiating a
proceeding on the other party. The
proposed rule change deletes this
provision because, according to FINRA,
it has been superseded by other FINRA
rules and no longer plays a role in
expedited proceedings. Further, the
Code no longer allows a party other than
FINRA to initiate a proceeding.
Filing of Papers With Adjudicator
FINRA Rule 9135(a) prescribes the
timing for the filing of papers with an
adjudicator. Currently, complaints are
deemed timely filed upon mailing or
delivery to the Office of Hearing
Officers. Other papers required to be
filed are deemed timely if, on the day
the papers are served, they are also
hand-delivered, mailed via U.S. Postal
service first class mail or sent by courier
to FINRA. In recognition of the
increased use of electronic mail, the
proposed rule change would allow the
use of electronic mail as another
delivery method for complaints and
other papers required to be filed with an
adjudicator.
FINRA Rule 9136 establishes the form
for papers filed in connection with a
disciplinary proceeding or a review of a
disciplinary proceeding. The proposed
change to FINRA Rule 9136 would
require single-spaced footnotes, as well
as decrease the number of copies
required to be filed with the adjudicator
from three to one, unless otherwise
ordered. The proposed rule change also
would amend FINRA Rule 9313 by
giving counsel to the National
Adjudicatory Council (‘‘NAC’’) the
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authority to set the number of copies of
all papers to be filed with the NAC.
Motion To Withdraw by Attorney
FINRA Rule 9142 requires an attorney
for a party (or person authorized to
represent others) who is seeking to
withdraw to give notice setting forth
good cause for the withdrawal at least
30 days prior to withdrawal, unless
circumstances do not permit. According
to FINRA, there have been occasions
when an attorney, believing that his
withdrawal was effective upon filing
with FINRA, did not provide any
contact information for the party the
attorney no longer represents. The
proposed rule change would require an
attorney (or person authorized to
represent others) seeking to withdraw
his appearance to file a motion setting
forth good cause for the withdrawal, as
well as contact information for the party
the attorney will no longer represent.
Subjects Discussed at Pre-Hearing
Conference
FINRA Rule 9241(c) delineates the
subjects that the Hearing Officer, in a
pre-hearing conference, may consider
and act upon. The proposed rule change
would amend FINRA Rule 9241 by
adding a permissive subject for a prehearing conference: Designation of
relevant portions of transcripts from
investigative testimony or other
proceedings and the inclusion of an
index for the testimony.
Fees for Copying Costs During Discovery
FINRA Rule 9251(f) allows a
respondent to obtain a photocopy of all
documents made available for
inspection by the Department of
Enforcement or the Department of
Market Regulation at a rate established
by the Board of FINRA or FINRA
Regulation. The proposed rule change
would transfer the authority to establish
the rate for copies to FINRA staff.4
Submission of Evidence
FINRA Rule 9261(a) addresses prehearing disclosures and requires each
party to submit to all other parties and
to the Hearing Officer copies of
documentary exhibits the parties intend
to introduce and the names of the
witnesses each party intends to present
at a hearing. Currently, pre-hearing,
proposed documentary evidence
submitted to the Hearing Officer
becomes part of the record. At the
hearing, all of the documents that are
admitted into evidence also become part
4 FINRA stated in its filing that copying costs
would be based on rates charged by local copying
vendors in the area where FINRA maintains the
documents. Id.
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Agencies
[Federal Register Volume 77, Number 6 (Tuesday, January 10, 2012)]
[Notices]
[Pages 1523-1524]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-304]
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SECURITIES AND EXCHANGE COMMISSION
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, January
12, 2012 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,
January 12, 2012 will be:
Institution and settlement of injunctive actions;
Institution and settlement of administrative proceedings;
[[Page 1524]]
Other matters relating to enforcement proceedings; and an
adjudicatory matter.
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.
Dated: January 5, 2012.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2012-304 Filed 1-6-12; 11:15 am]
BILLING CODE 8011-01-P