New Postal Products, 20397-20398 [2017-08745]
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srobinson on DSK5SPTVN1PROD with NOTICES
Federal Register / Vol. 82, No. 82 / Monday, May 1, 2017 / Notices
business hours. (TTY and TDD users
may call the Federal relay service tollfree at 1–800–877–8339 and ask to be
connected to 202–326–4040.)
FOR FURTHER INFORMATION CONTACT: Jo
Amato Burns (burns.jo.amato@
pbgc.gov), Attorney, Regulatory Affairs
Group, Office of the General Counsel,
Pension Benefit Guaranty Corporation,
1200 K Street NW., Washington, DC
20005–4026, 202–326–4400, extension
3072, or Deborah C. Murphy
(murphy.deborah@pbgc.gov), Assistant
General Counsel, same address and
phone number, extension 3451. (TTY
and TDD users may call the Federal
relay service toll-free at 800–877–8339
and ask to be connected to 202–326–
4400, extension 3072 or 3451.)
SUPPLEMENTARY INFORMATION: Annual
reporting to the Internal Revenue
Service (IRS), the Employee Benefits
Security Administration (EBSA), and
the Pension Benefit Guaranty
Corporation (PBGC) is required by law
for most employee benefit plans. For
example, section 4065 of the Employee
Retirement Income Security Act of 1974
requires annual reporting to PBGC for
pension plans covered by title IV of
ERISA. To accommodate these filing
requirements, PBGC, IRS, and EBSA
have jointly promulgated the Form 5500
Series, which includes the Form 5500
Annual Return/Report of Employee
Benefit Plan and the Form 5500–SF
Short Form Annual Return/Report of
Small Employee Benefit Plan.
The collection of information has
been approved by OMB under control
number 1212–0057 through June 30,
2017. PBGC intends to request that OMB
extend its approval for three years
without change. An agency may not
conduct or sponsor, and a person is not
required to respond to, a collection of
information unless it displays a
currently valid OMB control number.
PBGC estimates that it will receive
approximately 23,700 Form 5500 and
Form 5500–SF filings per year under
this collection of information. PBGC
further estimates that the total annual
burden of this collection of information
will be 1,200 hours and $1,655,000.
PBGC is soliciting public comments
to—
• evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility;
• evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodologies and assumptions used;
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• enhance the quality, utility, and
clarity of the information to be
collected; and
• minimize the burden of the
collection of information on those who
are to respond, including through the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology,
e.g., permitting electronic submission of
responses.
Deborah Chase Murphy,
Assistant General Counsel for Regulatory
Affairs, Pension Benefit Guaranty
Corporation.
[FR Doc. 2017–08695 Filed 4–28–17; 8:45 am]
BILLING CODE 7709–02–P
POSTAL REGULATORY COMMISSION
[Docket Nos. MC2017–122 and CP2017–173;
MC2017–123 and CP2017–174]
New Postal Products
Postal Regulatory Commission.
Notice.
AGENCY:
ACTION:
The Commission is noticing a
recent Postal Service filing for the
Commission’s consideration concerning
negotiated service agreements. This
notice informs the public of the filing,
invites public comment, and takes other
administrative steps.
DATES: Comments are due: May 3, 2017.
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
I. Introduction
II. Docketed Proceeding(s)
I. Introduction
The Commission gives notice that the
Postal Service filed request(s) for the
Commission to consider matters related
to negotiated service agreement(s). The
request(s) may propose the addition or
removal of a negotiated service
agreement from the market dominant or
the competitive product list, or the
modification of an existing product
currently appearing on the market
dominant or the competitive product
list.
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20397
Section II identifies the docket
number(s) associated with each Postal
Service request, the title of each Postal
Service request, the request’s acceptance
date, and the authority cited by the
Postal Service for each request. For each
request, the Commission appoints an
officer of the Commission to represent
the interests of the general public in the
proceeding, pursuant to 39 U.S.C. 505
(Public Representative). Section II also
establishes comment deadline(s)
pertaining to each request.
The public portions of the Postal
Service’s request(s) can be accessed via
the Commission’s Web site (https://
www.prc.gov). Non-public portions of
the Postal Service’s request(s), if any,
can be accessed through compliance
with the requirements of 39 CFR
3007.40.
The Commission invites comments on
whether the Postal Service’s request(s)
in the captioned docket(s) are consistent
with the policies of title 39. For
request(s) that the Postal Service states
concern market dominant product(s),
applicable statutory and regulatory
requirements include 39 U.S.C. 3622, 39
U.S.C. 3642, 39 CFR part 3010, and 39
CFR part 3020, subpart B. For request(s)
that the Postal Service states concern
competitive product(s), applicable
statutory and regulatory requirements
include 39 U.S.C. 3632, 39 U.S.C. 3633,
39 U.S.C. 3642, 39 CFR part 3015, and
39 CFR part 3020, subpart B. Comment
deadline(s) for each request appear in
section II.
II. Docketed Proceeding(s)
1. Docket No(s).: MC2017–122 and
CP2017–173; Filing Title: Request of the
United States Postal Service to Add
Priority Mail Contract 313 to
Competitive Product List and Notice of
Filing (Under Seal) of Unredacted
Governors’ Decision, Contract, and
Supporting Data; Filing Acceptance
Date: April 25, 2017; Filing Authority:
39 U.S.C. 3642 and 39 CFR 3020.30 et
seq.; Public Representative: Katalin K.
Clendenin; Comments Due: May 3,
2017.
2. Docket No(s).: MC2017–123 and
CP2017–174; Filing Title: Request of the
United States Postal Service to Add
Priority Mail Express & Priority Mail
Contract 47 to Competitive Product List
and Notice of Filing (Under Seal) of
Unredacted Governors’ Decision,
Contract, and Supporting Data; Filing
Acceptance Date: April 25, 2017; Filing
Authority: 39 U.S.C. 3642 and 39 CFR
3020.30 et seq.; Public Representative:
Katalin K. Clendenin; Comments Due:
May 3, 2017.
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20398
Federal Register / Vol. 82, No. 82 / Monday, May 1, 2017 / Notices
This Notice will be published in the
Federal Register.
Stacy L. Ruble,
Secretary.
[FR Doc. 2017–08745 Filed 4–28–17; 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.
srobinson on DSK5SPTVN1PROD with NOTICES
Extension:
Rule 32a–4, SEC File No. 270–473, OMB
Control No. 3235–0530.
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
(‘‘Commission’’) has submitted to the
Office of Management and Budget
requests for extension of the previously
approved collections of information
discussed below.
Section 32(a)(2) of the Investment
Company Act of 1940 (15 U.S.C. 80a
31(a)(2)) (‘‘Act’’) requires that the
selection of a registered management
investment company’s or registered
face-amount certificate company’s
(collectively, ‘‘funds’’) independent
public accountant be submitted to
shareholders for ratification or rejection.
Rule 32a–4 under the Investment
Company Act (17 CFR 270.32a–4)
exempts a fund from this requirement if,
among other things, the fund has an
audit committee consisting entirely of
independent directors. The rule permits
continuing oversight of a fund’s
accounting and auditing processes by an
independent audit committee in place
of a shareholder vote.
Among other things, in order to rely
on rule 32a–4, a fund’s board of
directors must adopt an audit committee
charter and must preserve that charter,
and any modifications to the charter,
permanently in an easily accessible
place. The purpose of these conditions
is to ensure that Commission staff will
be able to monitor the duties and
responsibilities of an audit committee of
a fund relying on the rule.
Commission staff estimates that on
average the board of directors takes 15
minutes to adopt the audit committee
charter. Commission staff has estimated
that with an average of 8 directors on
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the board,1 total director time to adopt
the charter is 2 hours. Combined with
an estimated 1⁄2 hour of paralegal time
to prepare the charter for board review,
the staff estimates a total one-time
collection of information burden of 21⁄2
hours for each fund. Once a board
adopts an audit committee charter, the
charter is preserved as part of the fund’s
records. Commission staff estimates that
there is no annual hourly burden
associated with preserving the charter in
accordance with this rule.2
Because virtually all existing funds
have now adopted audit committee
charters, the annual one-time collection
of information burden associated with
adopting audit committee charters is
limited to the burden incurred by newly
established funds. Commission staff
estimates that fund sponsors establish
approximately 112 new funds each
year,3 and that all of these funds will
adopt an audit committee charter in
order to rely on rule 32a–4. Thus,
Commission staff estimates that the
annual one-time hour burden associated
with adopting an audit committee
charter under rule 32a–4 is
approximately 280 hours.4
When funds adopt an audit committee
charter in order to rely on rule 32a–4,
they also may incur one-time costs
related to hiring outside counsel to
prepare the charter. Commission staff
estimates that those costs average
approximately $1500 per fund.5 As
noted above, Commission staff estimates
that approximately 112 new funds each
year will adopt an audit committee
charter in order to rely on rule 32a–4.
Thus, Commission staff estimates that
the ongoing annual cost burden
associated with rule 32a–4 in the future
will be approximately $168,000.6
The estimates of average burden hours
and costs are made solely for the
1 This estimate is based on staff experience and
on discussions with a representative of an entity
that surveys funds and calculates fund board
statistics based on responses to its surveys.
2 This estimate is based on staff experience and
discussions with funds regarding the hour burden
related to maintenance of the charter.
3 This estimate is based on the average number of
notifications of registration on Form N–8A filed
from 2013–2015.
4 This estimate is based on the following
calculation: (2.5 burden hours for establishing
charter × 112 new funds = 280 burden hours).
5 Costs may vary based on the individual needs
of each fund. However, based on the staff’s
experience and conversations with outside counsel
that prepare these charters, legal fees related to the
preparation and adoption of an audit committee
charter usually average $1500 or less. The
Commission also understands that model audit
committee charters are available, which reduces the
costs associated with drafting a charter.
6 This estimate is based on the following
calculations: ($1500 cost of adopting charter × 112
newly established funds = $168,000).
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purposes of the Paperwork Reduction
Act, and are not derived from a
comprehensive or even a representative
survey or study of the costs of
Commission rules and forms. The
collections of information required by
rule 32a–4 are necessary to obtain the
benefits of the rule. The Commission is
seeking OMB approval, because an
agency may not conduct or sponsor, and
a person is not required to respond to,
a collection of information unless it
displays a currently valid control
number.
The public may view the background
documentation for this information
collection at the following Web site,
www.reginfo.gov. Comments should be
directed to: (i) Desk Officer for the
Securities and Exchange Commission,
Office of Information and Regulatory
Affairs, Office of Management and
Budget, Room 10102, New Executive
Office Building, Washington, DC 20503,
or by sending an email to: Shagufta_
Ahmed@omb.eop.gov; and (ii) Pamela
Dyson, Director/Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
100 F Street NE., Washington, DC 20549
or send an email to: PRA_Mailbox@
sec.gov. Comments must be submitted to
OMB within 30 days of this notice.
Dated: April 25, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–08765 Filed 4–28–17; 8:45 am]
BILLING CODE 8011–01–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.
Extension:
Rule 17a–22, SEC File No. 270–202, OMB
Control No. 3235–0196.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of
extension of the previously approved
collection of information provided for in
Rule 17a–22 (17 CFR 240.17a–22) under
the Securities Exchange Act of 1934
(‘‘Exchange Act’’) (15 U.S.C. 78a et seq.).
Rule 17a–22 requires all registered
clearing agencies to file with the
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Agencies
[Federal Register Volume 82, Number 82 (Monday, May 1, 2017)]
[Notices]
[Pages 20397-20398]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-08745]
=======================================================================
-----------------------------------------------------------------------
POSTAL REGULATORY COMMISSION
[Docket Nos. MC2017-122 and CP2017-173; MC2017-123 and CP2017-174]
New Postal Products
AGENCY: Postal Regulatory Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Commission is noticing a recent Postal Service filing for
the Commission's consideration concerning negotiated service
agreements. This notice informs the public of the filing, invites
public comment, and takes other administrative steps.
DATES: Comments are due: May 3, 2017.
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. Docketed Proceeding(s)
I. Introduction
The Commission gives notice that the Postal Service filed
request(s) for the Commission to consider matters related to negotiated
service agreement(s). The request(s) may propose the addition or
removal of a negotiated service agreement from the market dominant or
the competitive product list, or the modification of an existing
product currently appearing on the market dominant or the competitive
product list.
Section II identifies the docket number(s) associated with each
Postal Service request, the title of each Postal Service request, the
request's acceptance date, and the authority cited by the Postal
Service for each request. For each request, the Commission appoints an
officer of the Commission to represent the interests of the general
public in the proceeding, pursuant to 39 U.S.C. 505 (Public
Representative). Section II also establishes comment deadline(s)
pertaining to each request.
The public portions of the Postal Service's request(s) can be
accessed via the Commission's Web site (https://www.prc.gov). Non-public
portions of the Postal Service's request(s), if any, can be accessed
through compliance with the requirements of 39 CFR 3007.40.
The Commission invites comments on whether the Postal Service's
request(s) in the captioned docket(s) are consistent with the policies
of title 39. For request(s) that the Postal Service states concern
market dominant product(s), applicable statutory and regulatory
requirements include 39 U.S.C. 3622, 39 U.S.C. 3642, 39 CFR part 3010,
and 39 CFR part 3020, subpart B. For request(s) that the Postal Service
states concern competitive product(s), applicable statutory and
regulatory requirements include 39 U.S.C. 3632, 39 U.S.C. 3633, 39
U.S.C. 3642, 39 CFR part 3015, and 39 CFR part 3020, subpart B. Comment
deadline(s) for each request appear in section II.
II. Docketed Proceeding(s)
1. Docket No(s).: MC2017-122 and CP2017-173; Filing Title: Request
of the United States Postal Service to Add Priority Mail Contract 313
to Competitive Product List and Notice of Filing (Under Seal) of
Unredacted Governors' Decision, Contract, and Supporting Data; Filing
Acceptance Date: April 25, 2017; Filing Authority: 39 U.S.C. 3642 and
39 CFR 3020.30 et seq.; Public Representative: Katalin K. Clendenin;
Comments Due: May 3, 2017.
2. Docket No(s).: MC2017-123 and CP2017-174; Filing Title: Request
of the United States Postal Service to Add Priority Mail Express &
Priority Mail Contract 47 to Competitive Product List and Notice of
Filing (Under Seal) of Unredacted Governors' Decision, Contract, and
Supporting Data; Filing Acceptance Date: April 25, 2017; Filing
Authority: 39 U.S.C. 3642 and 39 CFR 3020.30 et seq.; Public
Representative: Katalin K. Clendenin; Comments Due: May 3, 2017.
[[Page 20398]]
This Notice will be published in the Federal Register.
Stacy L. Ruble,
Secretary.
[FR Doc. 2017-08745 Filed 4-28-17; 8:45 am]
BILLING CODE 7710-FW-P