Product Change-Priority Mail Express and Priority Mail Negotiated Service Agreement, 77674-77675 [2015-31451]
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77674
Federal Register / Vol. 80, No. 240 / Tuesday, December 15, 2015 / Notices
POSTAL REGULATORY COMMISSION
II. Notice of Commission Action
[Docket Nos. MC2016–27 and CP2016–33;
Order No. 2860]
The Commission establishes Docket
Nos. MC2016–27 and CP2016–33 to
consider the Request pertaining to the
proposed Priority Mail Express &
Priority Mail Contract 24 product and
the related contract, respectively.
The Commission invites comments on
whether the Postal Service’s filings in
the captioned dockets are consistent
with the policies of 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 December 16, 2015.
The public portions of these filings can
be accessed via the Commission’s Web
site (https://www.prc.gov).
The Commission appoints James F.
Callow to serve as Public Representative
in these dockets.
New Postal Product
Postal Regulatory Commission.
Notice.
AGENCY:
ACTION:
The Commission is noticing a
recent Postal Service filing concerning
the addition of Priority Mail Express &
Priority Mail Contract 24 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: December
16, 2015.
ADDRESSES: Submit comments
electronically via the Commission’s
Filing Online system at https://
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:
SUMMARY:
Table of Contents
asabaliauskas on DSK5VPTVN1PROD with NOTICES
I. Introduction
II. Notice of Commission Action
III. Ordering Paragraphs
I. Introduction
In accordance with 39 U.S.C. 3642
and 39 CFR 3020.30 et seq., the Postal
Service filed a formal request and
associated supporting information to
add Priority Mail Express & Priority
Mail Contract 24 to the competitive
product list.1
The Postal Service
contemporaneously filed a redacted
contract related to the proposed new
product under 39 U.S.C. 3632(b)(3) and
39 CFR 3015.5. Request, Attachment B.
To support its Request, the Postal
Service filed a copy of the contract, a
copy of the Governors’ Decision
authorizing the product, proposed
changes to the Mail Classification
Schedule, a Statement of Supporting
Justification, 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 Request of the United States Postal Service to
Add Priority Mail Express & Priority Mail Contract
24 to Competitive Product List and Notice of Filing
(Under Seal) of Unredacted Governors’ Decision,
Contract, and Supporting Data, December 8, 2015
(Request).
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17:08 Dec 14, 2015
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III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket
Nos. MC2016–27 and CP2016–33 to
consider the matters raised in each
docket.
2. Pursuant to 39 U.S.C. 505, James F.
Callow is appointed to serve as an
officer of the Commission to represent
the interests of the general public in
these proceedings (Public
Representative).
3. Comments are due no later than
December 16, 2015.
4. The Secretary shall arrange for
publication of this order in the Federal
Register.
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2015–31486 Filed 12–14–15; 8:45 am]
BILLING CODE 7710–FW–P
3642 and 3632(b)(3), on December 8,
2015, it filed with the Postal Regulatory
Commission a Request of the United
States Postal Service to Add Parcel
Select Contract 11 to Competitive
Product List. Documents are available at
www.prc.gov, Docket Nos. MC2016–28,
CP2016–34.
Stanley F. Mires,
Attorney, Federal Compliance.
[FR Doc. 2015–31448 Filed 12–14–15; 8:45 am]
BILLING CODE 7710–12–P
POSTAL SERVICE
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: Effective date: December 15,
2015.
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 December 8,
2015, it filed with the Postal Regulatory
Commission a Request of the United
States Postal Service to Add Priority
Mail Contract 160 to Competitive
Product List. Documents are available at
www.prc.gov, Docket Nos. MC2016–29,
CP2016–35.
SUMMARY:
Stanley F. Mires,
Attorney, Federal Compliance.
POSTAL SERVICE
[FR Doc. 2015–31454 Filed 12–14–15; 8:45 am]
Product Change—Parcel Select
Negotiated Service Agreement
Postal ServiceTM.
Notice.
AGENCY:
ACTION:
POSTAL SERVICE
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: Effective date: December 15,
2015.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Elizabeth A. Reed, 202–268–3179.
The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
SUPPLEMENTARY INFORMATION:
PO 00000
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BILLING CODE 7710–12–P
Product Change—Priority Mail Express
and 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: Effective date: December 15,
2015.
SUMMARY:
E:\FR\FM\15DEN1.SGM
15DEN1
Federal Register / Vol. 80, No. 240 / Tuesday, December 15, 2015 / Notices
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 December 8,
2015, it filed with the Postal Regulatory
Commission a Request of the United
States Postal Service to Add Priority
Mail Express & Priority Mail Contract 24
to Competitive Product List. Documents
are available at www.prc.gov, Docket
Nos. MC2016–27, CP2016–33.
Stanley F. Mires,
Attorney, Federal Compliance.
[FR Doc. 2015–31451 Filed 12–14–15; 8:45 am]
BILLING CODE 7710–12–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–76602; File No. SR–EDGA–
2015–44]
Self-Regulatory Organizations; EDGA
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change Related to Fees for Use
of EDGA Exchange, Inc.
December 9, 2015.
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 December
1, 2015, EDGA Exchange, Inc. (the
‘‘Exchange’’ or ‘‘EDGA’’) 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 Exchange has
designated the proposed rule change as
one establishing or changing a member
due, fee, or other charge imposed by the
Exchange under Section 19(b)(3)(A)(ii)
of the Act 3 and Rule 19b–4(f)(2)
thereunder,4 which renders the
proposed rule change effective upon
filing with the Commission. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
asabaliauskas on DSK5VPTVN1PROD with NOTICES
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange filed a proposal to
amend its fees and rebates applicable to
Members 5 of the Exchange pursuant to
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A)(ii).
4 17 CFR 240.19b–4(f)(2).
5 The term ‘‘Member’’ is defined as ‘‘any
registered broker or dealer, or any person associated
with a registered broker or dealer, that has been
2 17
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EDGA Rule 15.1(a) and (c) (‘‘Fee
Schedule’’) to increase the fee for orders
yielding fee code K, which routes to
NASDAQ OMX PSX (‘‘PSX’’) using
ROUC or ROUE routing strategy.
The text of the proposed rule change
is available at the Exchange’s Web site
at www.batstrading.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 parts of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to increase
the fee for orders yielding fee code K,
which routes to PSX using ROUC or
ROUE routing strategy. In securities
priced at or above $1.00, the Exchange
currently assesses a fee of $0.0028 per
share for Members’ orders that yield fee
code K. The Exchange proposes to
amend its Fee Schedule to increase this
fee to $0.0029 per share. The proposed
change would enable the Exchange to
pass through the rate that BATS
Trading, Inc. (‘‘BATS Trading’’), the
Exchange’s affiliated routing brokerdealer, is charged for routing orders to
PSX when it does not qualify for a
volume tiered reduced fee. The
proposed change is in response to PSX’s
December 2015 fee change where PSX
increased the fee to remove liquidity via
routable order types it charges its
customers, from a fee of $0.0027 per
share to a fee of $0.0028 per share for
Tapes A and B securities and from a fee
of $0.0028 per share to $0.0029 per
share for Tape C securities.6 When
BATS Trading routes to PSX, it will
now be charged a standard rate of
admitted to membership in the Exchange. A
Member will have the status of a ‘‘member’’ of the
Exchange as that term is defined in Section 3(a)(3)
of the Act.’’ See Exchange Rule 1.5(n).
6 See Equity Trader Alert 2015–189, available at
https://www.nasdaqtrader.com/
TraderNews.aspx?id=ETA-2015-189.
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77675
$0.0028 per share for Tapes A and B
securities and $0.0029 per share for
Tape C securities.7 BATS Trading will
pass through this rate to the Exchange
and the Exchange, in turn, will pass
through of a rate of $0.0029 per share for
Tape A, B, and C securities to its
Members.8 The proposed increase to the
fee under fee code K would enable the
Exchange to equitably allocate its costs
among all Members utilizing fee code K.
The Exchange proposes to implement
this amendment to its Fee Schedule
immediately.
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
the objectives of Section 6 of the Act,9
in general, and furthers the objectives of
Section 6(b)(4),10 in particular, as it is
designed to provide for the equitable
allocation of reasonable dues, fees and
other charges among its Members and
other persons using its facilities. The
Exchange believes that its proposal to
increase the fee for Members’ orders that
yield fee code K represents an equitable
allocation of reasonable dues, fees, and
other charges among Members and other
persons using its facilities because the
Exchange does not levy additional fees
or offer additional rebates for orders that
it routes to PSX through BATS Trading.
As of December 1, 2015, PSX increased
the fee to remove liquidity from a fee of
$0.0027 per share to a fee of $0.0028 per
share for Tapes A and B securities and
from a fee of $0.0028 per share to
$0.0029 per share for Tape C
securities.11 Therefore, the Exchange
believes that its proposal to pass
through a fee of $0.0029 per share for
orders that yield fee code K is equitable
and reasonable because it accounts for
the pricing changes on PSX. In addition,
the proposal allows the Exchange to
now charge its Members a pass-through
rate for orders that are routed to PSX.
Furthermore, the Exchange notes that
routing through BATS Trading is
voluntary. Lastly, the Exchange also
believes that the proposed amendment
is non-discriminatory because it applies
uniformly to all Members.
7 The Exchange notes that to the extent BATS
Trading does or does not achieve any volume tiered
reduced fee on PSX, its rate for fee code K will not
change.
8 The Exchange notes that, due to billing system
limitations that do not allow for separate rates by
tape, it will pass through the higher fee of $0.0029
per share for all Tapes A, B & C securities.
9 15 U.S.C. 78f.
10 15 U.S.C. 78f(b)(4).
11 See supra note 4.
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]]>Agencies
[Federal Register Volume 80, Number 240 (Tuesday, December 15, 2015)]
[Notices]
[Pages 77674-77675]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-31451]
-----------------------------------------------------------------------
POSTAL SERVICE
Product Change--Priority Mail Express and 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: Effective date: December 15, 2015.
[[Page 77675]]
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
December 8, 2015, it filed with the Postal Regulatory Commission a
Request of the United States Postal Service to Add Priority Mail
Express & Priority Mail Contract 24 to Competitive Product List.
Documents are available at www.prc.gov, Docket Nos. MC2016-27, CP2016-
33.
Stanley F. Mires,
Attorney, Federal Compliance.
[FR Doc. 2015-31451 Filed 12-14-15; 8:45 am]
BILLING CODE 7710-12-P
