New Postal Product, 22169-22170 [2014-08953]

Download as PDF Federal Register / Vol. 79, No. 76 / Monday, April 21, 2014 / Notices need a reasonable accommodation to participate in these public meetings, or need this meeting notice or the transcript or other information from the public meetings in another format (e.g. braille, large print), please notify Kimberly Meyer, NRC Disability Program Manager, at 301–287–0727, or by email at Kimberly.Meyer-Chambers@ nrc.gov. Determinations on requests for reasonable accommodation will be made on a case-by-case basis. * * * * * Members of the public may request to receive this information electronically. If you would like to be added to the distribution, please contact the Office of the Secretary, Washington, DC 20555 (301–415–1969), or send an email to Darlene.Wright@nrc.gov. Dated: April 17, 2014. Rochelle Bavol, Policy Coordinator, Office of the Secretary. [FR Doc. 2014–09116 Filed 4–17–14; 4:15 pm] BILLING CODE 7590–01–P POSTAL REGULATORY COMMISSION [Docket No. CP2014–45; Order No. 2054] New Postal Product Postal Regulatory Commission. Notice. AGENCY: ACTION: The Commission is noticing a recent Postal Service filing requesting the addition of a Global Plus 1C negotiated service agreement to the competitive product list. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: April 23, 2014. SUMMARY: Submit comments electronically via the Commission’s Filing Online system at http:// www.prc.gov. Those who cannot submit comments electronically should contact the person identified in the FOR FURTHER INFORMATION CONTACT section by telephone for advice on filing alternatives. ADDRESSES: FOR FURTHER INFORMATION CONTACT: ehiers on DSK2VPTVN1PROD with NOTICES III. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. CP2014–45 for consideration of the matters raised by the Postal Service’s Notice. 2. Pursuant to 39 U.S.C. 505, Curtis E. Kidd is appointed to serve as an officer of the Commission to represent the interests of the general public in this proceeding (Public Representative). 3. Comments are due no later than April 23, 2014. 4. The Secretary shall arrange for publication of this Order in the Federal Register. By the Commission. Shoshana M. Grove, Secretary. [FR Doc. 2014–09004 Filed 4–18–14; 8:45 am] BILLING CODE 7710–FW–P POSTAL REGULATORY COMMISSION [Docket No. CP2014–44; Order No. 2053] New Postal Product Postal Regulatory Commission. Notice. The Commission is noticing a recent Postal Service filing requesting the addition of an International Business Reply Service Competitive SUMMARY: I. Introduction On April 15, 2014, the Postal Service filed notice that it has entered into an Jkt 232001 The Commission establishes Docket No. CP2014–45 for consideration of matters raised by the Notice. The Commission invites comments on whether the Postal Service’s filing is consistent with 39 U.S.C. 3632, 3633, or 3642, 39 CFR part 3015, and 39 CFR part 3020, subpart B. Comments are due no later than April 23, 2014. The public portions of the filing can be accessed via the Commission’s Web site (http:// www.prc.gov). The Commission appoints Curtis E. Kidd to serve as Public Representative in this docket. ACTION: Table of Contents I. Introduction II. Notice of Commission Action III. Ordering Paragraphs 15:19 Apr 18, 2014 II. Notice of Commission Action AGENCY: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: VerDate Mar<15>2010 additional Global Plus 1C negotiated service agreement (Agreement).1 To support its Notice, the Postal Service filed a copy of the Agreement, a copy of the Governors’ Decision authorizing the product, a certification of compliance with 39 U.S.C. 3633(a), and an application for non-public treatment of certain materials. It also filed supporting financial workpapers. 1 Notice of the United States Postal Service of Filing a Functionally Equivalent Global Plus 1C Negotiated Service Agreement and Application for Non-Public Treatment of Materials Filed Under Seal, April 15, 2014 (Notice). PO 00000 Frm 00090 Fmt 4703 Sfmt 4703 22169 Contract 3 (IBRS 3) negotiated service agreement to the competitive product list. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: April 22, 2014. Submit comments electronically via the Commission’s Filing Online system at http:// www.prc.gov. Those who cannot submit comments electronically should contact the person identified in the FOR FURTHER INFORMATION CONTACT section by telephone for advice on filing alternatives. ADDRESSES: FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: Table of Contents I. Introduction II. Notice of Commission Action III. Ordering Paragraphs I. Introduction On April 14, 2014, the Postal Service filed notice that it has entered into an additional International Business Reply Service Competitive Contract 3 (IBRS 3) negotiated service agreement (Agreement).1 To support its Notice, the Postal Service filed a copy of the Agreement, a copy of the Governors’ Decision authorizing the product, a certification of compliance with 39 U.S.C. 3633(a), and an application for non-public treatment of certain materials. It also filed supporting financial workpapers. II. Notice of Commission Action The Commission establishes Docket No. CP2014–44 for consideration of matters raised by the Notice. The Commission invites comments on whether the Postal Service’s filing is consistent with 39 U.S.C. 3632, 3633, or 3642, 39 CFR part 3015, and 39 CFR part 3020, subpart B. Comments are due no later than April 22, 2014. The public portions of the filing can be accessed via the Commission’s Web site (http:// www.prc.gov). The Commission appoints Lawrence Fenster to serve as Public Representative in this docket. III. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. CP2014–44 for consideration of the 1 Notice of the United States Postal Service Filing of a Functionally Equivalent International Business Reply Service Competitive Contract 3 Negotiated Service Agreement, April 14, 2014 (Notice). E:\FR\FM\21APN1.SGM 21APN1 22170 Federal Register / Vol. 79, No. 76 / Monday, April 21, 2014 / Notices matters raised by the Postal Service’s Notice. 2. Pursuant to 39 U.S.C. 505, Lawrence Fenster is appointed to serve as an officer of the Commission to represent the interests of the general public in this proceeding (Public Representative). 3. Comments are due no later than April 22, 2014. 4. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Shoshana M. Grove, Secretary. A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change [FR Doc. 2014–08953 Filed 4–18–14; 8:45 am] BILLING CODE 7710–FW–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–71950; File No. SR–C2– 2014–009] Self-Regulatory Organizations; C2 Options Exchange, Incorporated; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fees Schedule April 15, 2014. 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 April 4, 2014, C2 Options Exchange, Incorporated (the ‘‘Exchange’’ or ‘‘C2’’) 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 Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. ehiers on DSK2VPTVN1PROD with NOTICES I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change C2 Options Exchange, Incorporated (the ‘‘Exchange’’ or ‘‘C2’’) proposes to amend its Fees Schedule. The text of the proposed rule change is available on the Exchange’s Web site (http://www. c2exchange.com/Legal/), at the Exchange’s Office of the Secretary, and at the Commission’s Public Reference Room. 1 15 2 17 U.S.C. 78s(b)(1). CFR 240.19b–4. VerDate Mar<15>2010 15:19 Apr 18, 2014 Jkt 232001 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. 1. Purpose The Exchange proposes to amend its Fees Schedule. Currently, C2 MarketMaker fees for simple, non-complex orders in equity options classes (both Penny Pilot classes and non-Penny Pilot classes) are calculated using a formula.3 The maximum fee is $0.85 per contract ($0.085 for mini-options). The Exchange would like to set a standard fee of $0.40 per contract ($0.04 for mini-options) for C2 Market-Makers for simple, noncomplex orders in Penny Pilot equity options classes.4 This set rate is lower than the maximum fee in order to encourage quoting in such classes, and would lower the fee paid by C2 MarketMakers trading simple, non-complex orders in Penny Pilot equity options classes in the majority of transactions. In conjunction with the above proposed change, the Exchange also proposes to modify the maximum Public Customer Taker Rebate (also for simple, non-complex orders in equity options classes) for Penny Pilot options.5 Currently, the maximum rebate is $0.75 per contract ($0.075 for mini options), regardless of whether the options being traded are Penny Pilot classes or non-Penny Pilot classes. The Exchange does not propose to change 3 Fee = (C2 BBO Market Width at time of execution) × (Market Participant Rate) × 50* * For mini-options, the multiplier will be 5 instead of 50. BBO Market Width: Displayed C2 Ask Price— Displayed C2 Bid Price. The Market Participant Rate for C2 MarketMakers is 30%. For more information, see C2 Fees Schedule, Section 1B. 4 The Exchange proposes to add the statement ‘‘The above fee structure calculation does not apply to C2 Market-Makers trading Penny Pilot options; such C2 Market-Makers will be assessed a fee of $0.40 per contract ($0.04 for mini-options).’’ 5 For more information about the Public Customer Taker Rebate, see C2 Fees Schedule, Section 1B. PO 00000 Frm 00091 Fmt 4703 Sfmt 4703 this maximum rebate with respect to non-Penny Pilot options, but does propose to lower the maximum rebate to $0.60 per contract ($0.06 for minioptions) for Penny Pilot options. Since the Exchange is setting a fixed maximum fee rate for C2 MarketMakers, the Exchange desires to ensure that the spread between the maximum fee for C2 Market-Makers and maximum Public Customer Taker Rebate is not so large as to become economically imprudent for the Exchange. Also in conjunction with the above proposed changes, the Exchange also proposes to delete from Section 1B the statement that ‘‘For the BAC, MBI, BBRY, DELL and JCP equity options classes, the maximum fee will be $0.55 per contract and the maximum rebate will be $0.45 per contract.’’ This will put BAC, MBI, BBRY, DELL and JCP (the ‘‘Special Classes’’) on the same competitive footing, from a fees standpoint, as all other classes, and the same fees that apply to all other classes will apply to the Special Classes. Because the Special Classes are all Penny Pilot classes, C2 Market-Maker fees for such trades will be $0.40 per contract and the maximum Public Customer Taker Rebate for such trades will be $0.60 per contract. The Exchange also proposes to adopt a fee of $50 per month per login ID for PULSe workstation users that elect to access a COB Feed.6 The COB Feed provides data (which has already been otherwise-available to PULSe Workstation users) on a data feed that specifically provides COB data. In order to improve the provision of this COB data, the Exchange has recently contracted an outside vendor to provide the COB Feed. The Exchange proposes to assess the new COB Feed Fee in order to recoup costs associated with the provision of the COB Feed. 2. Statutory Basis The Exchange believes the proposed rule change is consistent with the Act and the rules and regulations thereunder applicable to the Exchange and, in particular, the requirements of Section 6(b) of the Act.7 Specifically, the Exchange believes the proposed rule change is consistent with Section 6(b)(4) 6 ‘‘COB’’ stands for the Exchange’s Complex Order Book. For a more detailed description of the PULSe workstation and its other functionalities, see, e.g., Securities Exchange Act Release Nos. 63246 (November 4, 2010) 75 FR 69478 (November 12, 2010) (SR–C2–2010–007), 65279 (September 7, 2011), 76 FR 56824 (September 14, 2011) (SR–C2– 2011–020), 65482 (October 4, 2011), 76 FR 62879 (October 11, 2011) (SR–C2–2011–028), and 69991 (July 16, 2013), 78 FR 43956 (July 22, 2013) (SR– C2–2013–026). 7 15 U.S.C. 78f(b). E:\FR\FM\21APN1.SGM 21APN1

Agencies

[Federal Register Volume 79, Number 76 (Monday, April 21, 2014)]
[Notices]
[Pages 22169-22170]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-08953]


-----------------------------------------------------------------------

POSTAL REGULATORY COMMISSION

[Docket No. CP2014-44; Order No. 2053]


New Postal Product

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Commission is noticing a recent Postal Service filing 
requesting the addition of an International Business Reply Service 
Competitive Contract 3 (IBRS 3) negotiated service agreement to the 
competitive product list. This notice informs the public of the filing, 
invites public comment, and takes other administrative steps.

DATES: Comments are due: April 22, 2014.

ADDRESSES: Submit comments electronically via the Commission's Filing 
Online system at http://www.prc.gov. Those who cannot submit comments 
electronically should contact the person identified in the FOR FURTHER 
INFORMATION CONTACT section by telephone for advice on filing 
alternatives.

FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 
202-789-6820.

SUPPLEMENTARY INFORMATION: 

Table of Contents

I. Introduction
II. Notice of Commission Action
III. Ordering Paragraphs

I. Introduction

    On April 14, 2014, the Postal Service filed notice that it has 
entered into an additional International Business Reply Service 
Competitive Contract 3 (IBRS 3) negotiated service agreement 
(Agreement).\1\
---------------------------------------------------------------------------

    \1\ Notice of the United States Postal Service Filing of a 
Functionally Equivalent International Business Reply Service 
Competitive Contract 3 Negotiated Service Agreement, April 14, 2014 
(Notice).
---------------------------------------------------------------------------

    To support its Notice, the Postal Service filed a copy of the 
Agreement, a copy of the Governors' Decision authorizing the product, a 
certification of compliance with 39 U.S.C. 3633(a), and an application 
for non-public treatment of certain materials. It also filed supporting 
financial workpapers.

II. Notice of Commission Action

    The Commission establishes Docket No. CP2014-44 for consideration 
of matters raised by the Notice.
    The Commission invites comments on whether the Postal Service's 
filing is consistent with 39 U.S.C. 3632, 3633, or 3642, 39 CFR part 
3015, and 39 CFR part 3020, subpart B. Comments are due no later than 
April 22, 2014. The public portions of the filing can be accessed via 
the Commission's Web site (http://www.prc.gov).
    The Commission appoints Lawrence Fenster to serve as Public 
Representative in this docket.

III. Ordering Paragraphs

    It is ordered:
    1. The Commission establishes Docket No. CP2014-44 for 
consideration of the

[[Page 22170]]

matters raised by the Postal Service's Notice.
    2. Pursuant to 39 U.S.C. 505, Lawrence Fenster is appointed to 
serve as an officer of the Commission to represent the interests of the 
general public in this proceeding (Public Representative).
    3. Comments are due no later than April 22, 2014.
    4. The Secretary shall arrange for publication of this order in the 
Federal Register.

    By the Commission.
Shoshana M. Grove,
Secretary.
[FR Doc. 2014-08953 Filed 4-18-14; 8:45 am]
BILLING CODE 7710-FW-P