New Postal Product, 8764-8765 [2016-03495]

Download as PDF 8764 Federal Register / Vol. 81, No. 34 / Monday, February 22, 2016 / Notices By the Commission. Stacy L. Ruble, Secretary. [FR Doc. 2016–03494 Filed 2–19–16; 8:45 am] BILLING CODE 7710–FW–P POSTAL REGULATORY COMMISSION [Docket No. CP2016–3; Order No. 3078] New Postal Product Postal Regulatory Commission. ACTION: Notice. AGENCY: The Commission is noticing a recent Postal Service filing concerning an amendment to Priority Mail Contract 146 negotiated service agreement. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: February 23, 2016. 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. SUMMARY: FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: Table of Contents I. Introduction II. Notice of Filings III. Ordering Paragraphs mstockstill on DSK4VPTVN1PROD with NOTICES I. Introduction On February 12, 2016, the Postal Service filed notice that it has agreed to an amendment to the existing Priority Mail Contract 146 negotiated service agreement approved in this docket.1 In support of its Notice, the Postal Service includes a redacted copy of the amendment and a certification of compliance with 39 U.S.C. 3633(a), as required by 39 CFR 3015.5. The Postal Service also filed the unredacted amendment and supporting financial information under seal. The Postal Service seeks to incorporate by reference the Application for NonPublic Treatment originally filed in this docket for the protection of information that it has filed under seal. Notice at 1. The amendment provides for a change in prices under the contract by replacing 1 Notice of United States Postal Service of Change in Prices Pursuant to Amendment to Priority Mail Contract 146, February 12, 2016 (Notice). VerDate Sep<11>2014 19:03 Feb 19, 2016 Jkt 238001 Sections I.E, I.G, and I.H. See id. Attachment A at 1. The Postal Service intends for the amendment to become effective 1 business day after the date that the Commission completes its review of the Notice. Id. at 1. The Postal Service asserts that the amendment will not impair the ability of the contract to comply with 39 U.S.C. 3633. Id. Attachment B at 1. II. Notice of Filings The Commission invites comments on whether the changes presented in the Postal Service’s Notice are consistent with the policies of 39 U.S.C. 3632, 3633, or 3642, 39 CFR 3015.5, and 39 CFR part 3020, subpart B. Comments are due no later than February 23, 2016. The public portions of these filings can be accessed via the Commission’s Web site (https://www.prc.gov). The Commission appoints Kenneth R. Moeller to represent the interests of the general public (Public Representative) in this docket. III. Ordering Paragraphs It is ordered: 1. The Commission reopens Docket No. CP2016–3 for consideration of matters raised by the Postal Service’s Notice. 2. Pursuant to 39 U.S.C. 505, the Commission appoints Kenneth R. Moeller to serve as an officer of the Commission (Public Representative) to represent the interests of the general public in this proceeding. 3. Comments are due no later than February 23, 2016. 4. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Stacy L. Ruble, Secretary. [FR Doc. 2016–03493 Filed 2–19–16; 8:45 am] BILLING CODE 7710–FW–P POSTAL REGULATORY COMMISSION [Docket No. CP2014–1; Order No. 3080] New Postal Product Postal Regulatory Commission. Notice. AGENCY: ACTION: The Commission is noticing a recent Postal Service filing concerning an amendment to Parcel Select & Parcel Return Service Contract 5 negotiated service agreement. This notice informs the public of the filing, invites public comment, and takes other administrative steps. SUMMARY: PO 00000 Frm 00084 Fmt 4703 Sfmt 4703 DATES: Comments are due: February 23, 2016. 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: ADDRESSES: Table of Contents I. Introduction II. Notice of Filings III. Ordering Paragraphs I. Introduction On February 12, 2016, the Postal Service filed notice that it has agreed to an amendment to the existing Parcel Select & Parcel Return Service Contract 5 negotiated service agreement approved in this docket (Existing Agreement).1 In support of its Notice, the Postal Service includes a redacted copy of the amendment and a certification of compliance with 39 U.S.C. 3633(a), as required by 39 CFR 3015.5. The Postal Service also filed the unredacted amendment and supporting financial information under seal. The Postal Service seeks to incorporate by reference the Application for NonPublic Treatment originally filed in this docket for the protection of information that it has filed under seal. Notice at 1. The amendment restates and amends various sections of the Existing Agreement. Id. Attachment A at 1. The Postal Service intends for the amendment to become effective one business day after the date that the Commission completes its review of the Notice. Id. The Postal Service asserts that the amendment will not impair the ability of the contract to comply with 39 U.S.C. 3633. Notice, Attachment B. II. Notice of Filings The Commission invites comments on whether the changes presented in the Postal Service’s Notice are consistent with the policies of 39 U.S.C. 3632, 3633, or 3642, 39 CFR 3015.5, and 39 CFR part 3020, subpart B. Comments are due no later than February 23, 2016. The public portions of these filings can be accessed via the Commission’s Web site (https://www.prc.gov). 1 Notice of United States Postal Service of Amendment to Parcel Select and Parcel Return Service Contract 5, February 12, 2016 (Notice). E:\FR\FM\22FEN1.SGM 22FEN1 Federal Register / Vol. 81, No. 34 / Monday, February 22, 2016 / Notices The Commission appoints Natalie R. Ward to represent the interests of the general public (Public Representative) in this docket. III. Ordering Paragraphs It is ordered: 1. The Commission reopens Docket No. CP2014–1 for consideration of matters raised by the Postal Service’s Notice. 2. Pursuant to 39 U.S.C. 505, the Commission appoints Natalie R. Ward to serve as an officer of the Commission (Public Representative) to represent the interests of the general public in this proceeding. 3. Comments are due no later than February 23, 2016. 4. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Stacy L. Ruble, Secretary. [FR Doc. 2016–03495 Filed 2–19–16; 8:45 am] BILLING CODE 7710–FW–P SECURITIES AND EXCHANGE COMMISSION Submission for OMB Review; Comment Request Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of FOIA Services, 100 F Street NE., Washington, DC 20549–2736. mstockstill on DSK4VPTVN1PROD with NOTICES Extension: Regulation S–ID, SEC File No. 270–644, OMB Control No. 3235–0692. Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange Commission (the ‘‘Commission’’) has submitted to the Office of Management and Budget a request for extension of the previously approved collection of information discussed below. Regulation S–ID (17 CFR 248), including the information collection requirements thereunder, is designed to better protect investors from the risks of identity theft. Under Regulation S–ID, SEC-regulated entities are required to develop and implement reasonable policies and procedures to identify, detect, and respond to relevant red flags (the ‘‘Identity Theft Red Flags Rules’’) and, in the case of entities that issue credit or debit cards, to assess the validity of, and communicate with cardholders regarding, address changes. Section 248.201 of Regulation S–ID includes the following information VerDate Sep<11>2014 19:03 Feb 19, 2016 Jkt 238001 collection requirements for each SECregulated entity that qualifies as a ‘‘financial institution’’ or ‘‘creditor’’ under Regulation S–ID and that offers or maintains covered accounts: (i) Creation and periodic updating of an identity theft prevention program (‘‘Program’’) that is approved by the board of directors, an appropriate committee thereof, or a designated senior management employee; (ii) periodic staff reporting to the board of directors on compliance with the Identity Theft Red Flags Rules and related guidelines; and (iii) training of staff to implement the Program. Section 248.202 of Regulation S–ID includes the following information collection requirements for each SEC-regulated entity that is a credit or debit card issuer: (i) Establishment of policies and procedures that assess the validity of a change of address notification if a request for an additional or replacement card on the account follows soon after the address change; and (ii) notification of a cardholder, before issuance of an additional or replacement card, at the previous address or through some other previously agreed-upon form of communication, or alternatively, assessment of the validity of the address change request through the entity’s established policies and procedures. SEC staff estimates of the hour burdens associated with section 248.201 under Regulation S–ID include the onetime burden of complying with this section for newly-formed SEC-regulated entities, as well as the ongoing costs of compliance for all SEC-regulated entities. With respect to the one-time burden hours, staff estimates that each newly-formed financial institution or creditor would incur a burden of 2 hours to conduct an initial assessment of covered accounts. Staff estimates that approximately 644 SEC-regulated financial institutions and creditors are newly formed each year, and the total estimated one-time burden to initially assess covered accounts is therefore 1,288 hours. Staff also estimates that each financial institution or creditor that maintains covered accounts would incur an additional initial burden of 29 hours to develop and obtain board approval of a Program and to train the staff of the financial institution or creditor. Staff estimates that approximately 580 SEC-regulated financial institutions and creditors that maintain covered accounts are newly formed each year, and thus the total estimated one-time burden to develop and obtain board approval of a Program and train staff is 16,820 hours. Thus, the total initial estimated burden for all PO 00000 Frm 00085 Fmt 4703 Sfmt 4703 8765 newly-formed SEC-regulated entities is 18,108 hours (1,288 hours + 16,820 hours). With respect to ongoing annual burden hours, SEC staff estimates that each financial institution or creditor would incur a burden of 1 hour to periodically assess whether it offers or maintains covered accounts. Staff estimates that there are approximately 9,960 SEC-regulated entities that are either financial institutions or creditors, and the total estimated annual burden to periodically assess covered accounts is therefore 9,960 hours. Staff also estimates that each financial institution or creditor that maintains covered accounts would incur an additional annual burden of 9.5 hours to prepare and present an annual report to the board and to periodically review and update the Program. Staff estimates that there are approximately 8,964 SECregulated entities that are financial institutions or creditors that offer or maintain covered accounts, and thus the total estimated additional annual burden for these entities is 85,158 hours. Thus, the total ongoing annual estimated burden for all SEC-regulated entities is 95,118 hours (9,960 hours + 85,158 hours). The collections of information required by section 248.202 under Regulation S–ID will apply only to SECregulated entities that issue credit or debit cards. SEC staff understands that SEC-regulated entities generally do not issue credit or debit cards, but instead partner with other entities, such as banks, that issue cards on their behalf. These other entities, which are not regulated by the SEC, are already subject to substantially similar change of address obligations pursuant to other federal regulators’ identity theft red flags rules. Therefore, staff does not expect that any SEC-regulated entities will be subject to the information collection requirements of section 248.202, and accordingly, staff estimates that there is no hour burden related to section 248.202 for SEC-regulated entities. In total, SEC staff estimates that the aggregate annual information collection burden of Regulation S–ID is 113,226 hours (18,108 hours + 95,118 hours). This estimate of burden hours is made solely for the purposes of the Paperwork Reduction Act and is not derived from a quantitative, comprehensive, or even representative survey or study of the burdens associated with Commission rules and forms. Compliance with Regulation S–ID, including compliance with the information collection requirements thereunder, is mandatory for each SEC-regulated entity that E:\FR\FM\22FEN1.SGM 22FEN1

Agencies

[Federal Register Volume 81, Number 34 (Monday, February 22, 2016)]
[Notices]
[Pages 8764-8765]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-03495]


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POSTAL REGULATORY COMMISSION

[Docket No. CP2014-1; Order No. 3080]


New Postal Product

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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

SUMMARY: The Commission is noticing a recent Postal Service filing 
concerning an amendment to Parcel Select & Parcel Return Service 
Contract 5 negotiated service agreement. This notice informs the public 
of the filing, invites public comment, and takes other administrative 
steps.

DATES: Comments are due: February 23, 2016.

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:

Table of Contents

I. Introduction
II. Notice of Filings
III. Ordering Paragraphs

I. Introduction

    On February 12, 2016, the Postal Service filed notice that it has 
agreed to an amendment to the existing Parcel Select & Parcel Return 
Service Contract 5 negotiated service agreement approved in this docket 
(Existing Agreement).\1\ In support of its Notice, the Postal Service 
includes a redacted copy of the amendment and a certification of 
compliance with 39 U.S.C. 3633(a), as required by 39 CFR 3015.5.
---------------------------------------------------------------------------

    \1\ Notice of United States Postal Service of Amendment to 
Parcel Select and Parcel Return Service Contract 5, February 12, 
2016 (Notice).
---------------------------------------------------------------------------

    The Postal Service also filed the unredacted amendment and 
supporting financial information under seal. The Postal Service seeks 
to incorporate by reference the Application for Non-Public Treatment 
originally filed in this docket for the protection of information that 
it has filed under seal. Notice at 1.
    The amendment restates and amends various sections of the Existing 
Agreement. Id. Attachment A at 1.
    The Postal Service intends for the amendment to become effective 
one business day after the date that the Commission completes its 
review of the Notice. Id. The Postal Service asserts that the amendment 
will not impair the ability of the contract to comply with 39 U.S.C. 
3633. Notice, Attachment B.

II. Notice of Filings

    The Commission invites comments on whether the changes presented in 
the Postal Service's Notice are consistent with the policies of 39 
U.S.C. 3632, 3633, or 3642, 39 CFR 3015.5, and 39 CFR part 3020, 
subpart B. Comments are due no later than February 23, 2016. The public 
portions of these filings can be accessed via the Commission's Web site 
(https://www.prc.gov).

[[Page 8765]]

    The Commission appoints Natalie R. Ward to represent the interests 
of the general public (Public Representative) in this docket.

III. Ordering Paragraphs

    It is ordered:
    1. The Commission reopens Docket No. CP2014-1 for consideration of 
matters raised by the Postal Service's Notice.
    2. Pursuant to 39 U.S.C. 505, the Commission appoints Natalie R. 
Ward to serve as an officer of the Commission (Public Representative) 
to represent the interests of the general public in this proceeding.
    3. Comments are due no later than February 23, 2016.
    4. The Secretary shall arrange for publication of this order in the 
Federal Register.

    By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2016-03495 Filed 2-19-16; 8:45 am]
 BILLING CODE 7710-FW-P
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