New Postal Product, 9230-9231 [2016-03889]
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9230
Federal Register / Vol. 81, No. 36 / Wednesday, February 24, 2016 / Notices
CFR part 3020, subpart B. Comments are
due no later than February 26, 2016.
The public portions of these filings can
be accessed via the Commission’s Web
site (https://www.prc.gov).
The Commission appoints Natalie R.
Ward to serve as Public Representative
in these dockets.
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket
Nos. MC2016–80 and CP2016–105 to
consider the matters raised in each
docket.
2. Pursuant to 39 U.S.C. 505, Natalie
R. Ward 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
February 26, 2016.
4. The Secretary shall arrange for
publication of this order in the Federal
Register.
By the Commission.
Stacy L. Ruble,
Secretary.
BILLING CODE 7710–FW–P
POSTAL REGULATORY COMMISSION
[Docket Nos. MC2016–82 and CP2016–107;
Order No. 3089]
New Postal Product
Postal Regulatory Commission.
Notice.
AGENCY:
The Commission is noticing a
recent Postal Service filing concerning
the addition of First-Class Package
Service Contract 44 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: February 26,
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:
mstockstill on DSK4VPTVN1PROD with NOTICES
SUMMARY:
Table of Contents
I. Introduction
VerDate Sep<11>2014
17:59 Feb 23, 2016
4. The Secretary shall arrange for
publication of this order in the Federal
Register.
I. Introduction
In accordance with 39 U.S.C. 3642
and 39 CFR 3020.30–.35, the Postal
Service filed a formal request and
associated supporting information to
add First-Class Package Service Contract
44 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.
II. Notice of Commission Action
[FR Doc. 2016–03888 Filed 2–23–16; 8:45 am]
ACTION:
II. Notice of Commission Action
III. Ordering Paragraphs
Jkt 238001
The Commission establishes Docket
Nos. MC2016–82 and CP2016–107 to
consider the Request pertaining to the
proposed First-Class Package Service
Contract 44 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 February 26, 2016.
The public portions of these filings can
be accessed via the Commission’s Web
site (https://www.prc.gov).
The Commission appoints Jennaca D.
Upperman to serve as Public
Representative in these dockets.
III. Ordering Paragraphs
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2016–03890 Filed 2–23–16; 8:45 am]
BILLING CODE 7710–FW–P
POSTAL REGULATORY COMMISSION
[Docket Nos. MC2016–81 and CP2016–106;
Order No. 3088]
New Postal Product
Postal Regulatory Commission.
Notice.
AGENCY:
ACTION:
The Commission is noticing a
recent Postal Service filing concerning
the addition of First-Class Package
Service Contract 43 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: February 26,
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 Commission Action
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket
Nos. MC2016–82 and CP2016–107 to
consider the matters raised in each
docket.
2. Pursuant to 39 U.S.C. 505, Jennaca
D. Upperman 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
February 26, 2016.
I. Introduction
In accordance with 39 U.S.C. 3642
and 39 CFR 3020.30-.35, the Postal
Service filed a formal request and
associated supporting information to
add First-Class Package Service Contract
43 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
1 Request of the United States Postal Service to
Add First-Class Package Service Contract 44 to
Competitive Product List and Notice of Filing
(Under Seal) of Unredacted Governors’ Decision,
Contract, and Supporting Data, February 18, 2016
(Request).
1 Request of the United States Postal Service to
Add First-Class Package Service Contract 43 to
Competitive Product List and Notice of Filing
(Under Seal) of Unredacted Governors’ Decision,
Contract, and Supporting Data, February 18, 2016
(Request).
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Federal Register / Vol. 81, No. 36 / Wednesday, February 24, 2016 / Notices
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.
II. Notice of Commission Action
The Commission establishes Docket
Nos. MC2016–81 and CP2016–106 to
consider the Request pertaining to the
proposed First-Class Package Service
Contract 43 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 February 26, 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 serve as Public
Representative in these dockets.
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket
Nos. MC2016–81 and CP2016–106 to
consider the matters raised in each
docket.
2. Pursuant to 39 U.S.C. 505, Kenneth
R. Moeller 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
February 26, 2016.
4. The Secretary shall arrange for
publication of this order in the Federal
Register.
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2016–03889 Filed 2–23–16; 8:45 am]
mstockstill on DSK4VPTVN1PROD with NOTICES
BILLING CODE 7710–FW–P
VerDate Sep<11>2014
17:59 Feb 23, 2016
Jkt 238001
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–77173; File No. TP 15–15]
Order Granting Limited Exemptions
From Exchange Act Rule 10b–17 and
Rules 101 and 102 of Regulation M to
WisdomTree Put Write Strategy Fund
Pursuant to Exchange Act Rule 10b–
17(b)(2) and Rules 101(d) and 102(e) of
Regulation M
February 18, 2016.
By letter dated February 18, 2016 (the
‘‘Letter’’), as supplemented by
conversations with the staff of the
Division of Trading and Markets,
counsel for WisdomTree Trust (the
‘‘Trust’’) on behalf of the Trust,
WisdomTree Put Write Strategy Fund
(the ‘‘Fund’’), any national securities
exchange on or through which shares
issued by the Fund (‘‘Shares’’) may
subsequently trade, and persons or
entities engaging in transactions in
Shares (collectively, the ‘‘Requestors’’),
requested exemptions, or interpretive or
no-action relief, from Rule 10b–17 of the
Securities Exchange Act of 1934, as
amended (‘‘Exchange Act’’), and Rules
101 and 102 of Regulation M, in
connection with secondary market
transactions in Shares and the creation
or redemption of aggregations of Shares
of 50,000 shares (‘‘Creation Units’’).
The Trust is registered with the
Commission under the Investment
Company Act of 1940, as amended
(‘‘1940 Act’’), as an open-end
management investment company. The
Fund seeks to track the performance of
an underlying index, the CBOE S&P 500
Put Write Index (‘‘Index’’). The Index is
based on a passive investment strategy
which consists of overlapping
hypothetical investments in a single
series of exchange-listed S&P 500 Index
options (‘‘SPX Puts’’) over a money
market account hypothetically invested
in one and three-month Treasury bills.
Specifically, the Index hypothetically
writes at-the-money SPX Puts on a
monthly basis, usually on the third
Friday of the month (i.e., the ‘‘Roll
Date’’), which match the expiration date
of the hypothetical SPX Puts. All SPX
Puts hypothetically invested in by the
Index are standardized options traded
on the Chicago Board Options
Exchange. At each Roll Date, any
settlement loss in the Index based on
the expiring SPX Puts is financed by the
Treasury bill account and a new batch
of hypothetical at-the-money SPX Puts
is sold. Revenue from their sale is added
to the Index’s hypothetical Treasury bill
account. On each Roll Date in March,
June, September, and December
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9231
(‘‘March quarterly cycle months’’), the
proceeds from the hypothetical sales of
the SPX Puts are invested in
hypothetical three-month Treasury bills.
On each Roll Date in a March quarterly
cycle month, the three month Treasury
bills hypothetically purchased in the
prior March quarterly cycle month, and
any one-month Treasury bills
hypothetically purchased in the prior
month are deemed to mature, and the
proceeds are hypothetically invested in
new three-month Treasury bills at the
three-month Treasury bill rate. In other
months, the revenue from the
hypothetical sale of SPX Puts is
hypothetically invested separately at the
one-month Treasury bill rate, and where
applicable, any one-month Treasury
bills purchased in the prior month are
deemed to mature and hypothetically
invested in new one-month Treasury
bills at the one-month Treasury bill rate.
As stated above, all investments used to
determine Index value are hypothetical.
In order to track the Index, under
normal circumstances, as described in
the Letter, the Fund will invest not less
than 80% of its assets in SPX Puts and
one and three month U.S. Treasury bills.
The Fund may invest up to 20% of its
net assets (in the aggregate) in other
investments, as described in the Letter,
that are not included in the Index, but
which WisdomTree Asset Management,
Inc. (‘‘Adviser’’) or Mellon Capital
Management (‘‘Sub-Adviser’’) believes
will help the Fund to track the Index
and that will be disclosed at the end of
each trading day (‘‘Other Assets’).1 The
Fund’s investment strategy will be
designed to write a sequence of onemonth, at-the-money, SPX Puts and
invest cash and Other Assets targeted to
achieve one- and three-month Treasury
bill rates. The number of SPX Puts
written will vary from month to month,
but will be limited to permit the amount
held in the Fund’s investment in
Treasury bills to finance the maximum
possible loss from final settlement of the
SPX Puts.
The Requestors represent, among
other things, the following:
• Shares of the Fund will be issued
by the Trust, an open-end management
investment company that is registered
with the Commission;
• Creation Units will be continuously
redeemable at the net asset value
(‘‘NAV’’) next determined after receipt
1 For example, the Requestors represent that there
may be instances in which the Adviser or SubAdviser may choose to purchase or sell financial
instruments not in the Index which the Adviser or
Sub-Adviser believes are appropriate to substitute
for one or more Index components in seeking to
replicate, before fees and expenses, the performance
of the Index.
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Agencies
[Federal Register Volume 81, Number 36 (Wednesday, February 24, 2016)]
[Notices]
[Pages 9230-9231]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-03889]
-----------------------------------------------------------------------
POSTAL REGULATORY COMMISSION
[Docket Nos. MC2016-81 and CP2016-106; Order No. 3088]
New Postal Product
AGENCY: Postal Regulatory Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Commission is noticing a recent Postal Service filing
concerning the addition of First-Class Package Service Contract 43
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: February 26, 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 Commission Action
III. Ordering Paragraphs
I. Introduction
In accordance with 39 U.S.C. 3642 and 39 CFR 3020.30-.35, the
Postal Service filed a formal request and associated supporting
information to add First-Class Package Service Contract 43 to the
competitive product list.\1\
---------------------------------------------------------------------------
\1\ Request of the United States Postal Service to Add First-
Class Package Service Contract 43 to Competitive Product List and
Notice of Filing (Under Seal) of Unredacted Governors' Decision,
Contract, and Supporting Data, February 18, 2016 (Request).
---------------------------------------------------------------------------
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
[[Page 9231]]
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.
II. Notice of Commission Action
The Commission establishes Docket Nos. MC2016-81 and CP2016-106 to
consider the Request pertaining to the proposed First-Class Package
Service Contract 43 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 February 26, 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 serve as Public
Representative in these dockets.
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket Nos. MC2016-81 and CP2016-106
to consider the matters raised in each docket.
2. Pursuant to 39 U.S.C. 505, Kenneth R. Moeller 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 February 26, 2016.
4. The Secretary shall arrange for publication of this order in the
Federal Register.
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2016-03889 Filed 2-23-16; 8:45 am]
BILLING CODE 7710-FW-P