Product Change-Priority Mail Negotiated Service Agreement, 81562 [2015-32842]

Download as PDF 81562 Federal Register / Vol. 80, No. 250 / Wednesday, December 30, 2015 / Notices www.prc.gov, Docket Nos. MC2016–49, CP2016–64. POSTAL SERVICE Product Change—Priority Mail Negotiated Service Agreement AGENCY: ACTION: Stanley F. Mires, Attorney, Federal Compliance. Postal ServiceTM. [FR Doc. 2015–32842 Filed 12–29–15; 8:45 am] Notice. BILLING CODE 7710–12–P 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. SUMMARY: DATES: Effective date: December 30, 2015. FOR FURTHER INFORMATION CONTACT: Valerie J. Pelton, 202–268–3049. The United States Postal Service® hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on December 22, 2015, it filed with the Postal Regulatory Commission a Request of the United States Postal Service to Add Priority Mail Contract 171 to Competitive Product List. Documents are available at www.prc.gov, Docket Nos. MC2016–48, CP2016–63. SUPPLEMENTARY INFORMATION: Stanley F. Mires, Attorney, Federal Compliance. [FR Doc. 2015–32843 Filed 12–29–15; 8:45 am] BILLING CODE 7710–12–P POSTAL SERVICE ACTION: Postal ServiceTM. Notice. 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. SUMMARY: DATES: Effective date: December 30, 2015. FOR FURTHER INFORMATION CONTACT: Valerie J. Pelton, 202–268–3049. The United States Postal Service® hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on December 22, 2015, it filed with the Postal Regulatory Commission a Request of the United States Postal Service to Add Priority Mail Contract 172 to Competitive Product List. Documents are available at mstockstill on DSK4VPTVN1PROD with NOTICES SUPPLEMENTARY INFORMATION: VerDate Sep<11>2014 17:59 Dec 29, 2015 Jkt 238001 [Release No. 34–76760; File No. SR– NASDAQ–2015–154] Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Participant Fee December 23, 2015. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on December 17, 2015, The NASDAQ Stock Market LLC (‘‘Nasdaq’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘SEC’’ or ‘‘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. I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change Product Change—Priority Mail Negotiated Service Agreement AGENCY: SECURITIES AND EXCHANGE COMMISSION The Exchange proposes [sic] amend the Exchange’s transaction fees at Chapter XV, entitled ‘‘Options Pricing,’’ Section 10, entitled ‘‘Participant Fee— Options.’’ The Exchange purposes [sic] an increase to its Participant Fee to recoup costs incurred by the Exchange. The Exchange’s Participant Fee is competitive with those of other options exchanges.3 While the amendment proposed herein is effective upon filing, the Exchange has designated the amendment [sic] become operative on January 4, 2016. The text of the proposed rule change is available on the Exchange’s Web site at https://nasdaq.cchwallstreet.com, at the principal office of the Exchange, and at the Commission’s Public Reference Room. 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 See note 14 below. 2 17 PO 00000 Frm 00056 Fmt 4703 Sfmt 4703 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 Exchange proposes to increase the NOM Participant Fee, so the Exchange can allocate its costs to various options market participants. Today, the Exchange assesses all NOM Participants a $500 per month Participant Fee. This fee was initially assessed in 2012.4 The Exchange proposes to increase this Participant Fee from $500 to $1,000 per month for all NOM Participants. The proposed Participant Fee is in addition to the trading rights fee of $1,000 per month to be an Exchange member.5 The Exchange believes this Participant Fee is competitive with fees at other options exchanges.6 2. Statutory Basis The Exchange believes that its proposal is consistent with Section 6(b) of the Act 7 in general, and furthers the objectives of Sections 6(b)(4) and 6(b)(5) of the Act 8 in particular, in that it provides for the equitable allocation of reasonable dues, fees and other charges among members and issuers and other persons using any facility or system which the Exchange operates or controls, and is not designed to permit unfair discrimination between customers, issuers, brokers, or dealers. The Commission and the courts have repeatedly expressed their preference for competition over regulatory intervention in determining prices, products, and services in the securities markets. In Regulation NMS, for example, the Commission indicated that 4 See Securities and Exchange Act Release No. 68502 (December 20, 2012), 77 FR 76572 (December 28, 2012) (SR–NASDAQ–2012–139). 5 See Exchange Rule 7001. 6 See note 14 below. 7 15 U.S.C. 78f(b). 8 15 U.S.C. 78f(b)(4) and (5). E:\FR\FM\30DEN1.SGM 30DEN1

Agencies

[Federal Register Volume 80, Number 250 (Wednesday, December 30, 2015)]
[Notices]
[Page 81562]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-32842]


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POSTAL SERVICE


Product Change--Priority Mail Negotiated Service Agreement

AGENCY: Postal ServiceTM.

ACTION: Notice.

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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 30, 2015.

FOR FURTHER INFORMATION CONTACT: Valerie J. Pelton, 202-268-3049.

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 22, 2015, it filed with the Postal Regulatory Commission a 
Request of the United States Postal Service to Add Priority Mail 
Contract 172 to Competitive Product List. Documents are available at 
www.prc.gov, Docket Nos. MC2016-49, CP2016-64.

Stanley F. Mires,
Attorney, Federal Compliance.
[FR Doc. 2015-32842 Filed 12-29-15; 8:45 am]
 BILLING CODE 7710-12-P
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