Product Change-Priority Mail Negotiated Service Agreement, 36164-36165 [2017-16321]

Download as PDF 36164 Federal Register / Vol. 82, No. 148 / Thursday, August 3, 2017 / Notices POSTAL SERVICE Change in Rates and Classes of General Applicability for Competitive Products Postal Service. ACTION: Notice of a change in rates of general applicability for First-Class Package Service Retail parcels, a new price category within the competitive product list. AGENCY: This notice sets forth changes in rates of general applicability for a new price category within the competitive product list. DATES: Date of notice required under 39 U.S.C. 3632(b)(2): August 3, 2017. FOR FURTHER INFORMATION CONTACT: John F. Rosato, 202–268–2990. SUPPLEMENTARY INFORMATION: On December 5, 2016, pursuant to their authority under 39 U.S.C. 3632, the Governors of the Postal Service established prices and classification changes for a product that the Postal Service planned to transfer from the market dominant product list to the competitive product list, pending a final determination from the Postal Regulatory Commission (Commission) approving the transfer. On July 20, 2017, in Order No. 4009, the Commission approved the transfer of First-Class Mail Parcels Retail to the competitive product list as a new price category within First-Class Package Service, conditional on the Postal Service providing pricing for the transferred product. The Governors’ Decision and the record of proceedings in connection with such decision are reprinted below in accordance with section 3632(b)(2). Pursuant to the Notice of the United States Postal Service of Changes in Rates of General Applicability for a Competitive Product, Established in Governors’ Decision No. 16–9 (Postal Regulatory Commission Docket No. CP2017–230), the new prices will be implemented on September 3, 2017. SUMMARY: Stanley F. Mires, Attorney, Federal Compliance. mstockstill on DSK30JT082PROD with NOTICES Decision of the Governors of the United States Postal Service on Changes in Rates of General Applicability for Competitive Products (Governors’ Decision No. 16–9) December 5, 2016 Statement of Explanation and Justification Pursuant to authority under section 3632 of title 39, as amended by the Postal Accountability and Enhancement Act of 2006 (‘‘PAEA’’), I establish price VerDate Sep<11>2014 16:35 Aug 02, 2017 Jkt 241001 changes for the Postal Service’s shipping services (competitive products), specifically for First-Class Package Service. The price changes are described generally below, with a schedule of the new prices in the attachment. If management is given the authority by the Postal Regulatory Commission to effectuate a transfer of First-Class Mail Retail parcels to the competitive product list, I hereby authorize the attached prices for the new First-Class Package Service Retail parcels price category. These changes reflect a 9.9 percent average increase over the prices in effect for First-Class Mail Retail parcels, as of January 22, 2017. I further authorize any additional conforming Mail Classification Schedule changes that may be necessary to implement the transfer. The changes I establish should enable each competitive product to cover its attributable costs (39 U.S.C. § 3633(a)(2)) and should result in competitive products as a whole complying with 39 U.S.C. § 3633(a)(3), which, as implemented by 39 CFR § 3015.7(c), requires competitive products collectively to contribute a minimum of 5.5 percent to the Postal Service’s institutional costs. Accordingly, no issue of subsidization of competitive products by market dominant products should arise (39 U.S.C. § 3633(a)(1)). I therefore find that the new prices are in accordance with 39 U.S.C. §§ 3632–3633 and 39 CFR § 3015.2. Attachment to Governors’ Decision No. 16–9 MAIL CLASSIFICATION CHANGES Part B Competitive Products * * * * * 2125 First-Class Package Service * * * * * 2125.6 Prices * * * * * RETAIL 1 Maximum Weight (ounces) Single-Piece ($) 1 ............................................ 2 ............................................ 3 ............................................ 4 ............................................ 5 ............................................ 6 ............................................ 7 ............................................ 8 ............................................ 9 ............................................ 10 .......................................... 11 .......................................... 12 .......................................... 13 .......................................... $3.00 $3.00 $3.00 $3.00 $3.16 $3.32 $3.48 $3.64 $3.80 $3.96 $4.19 $4.36 $4.53 Notes 1. A handling charge of $0.01 per piece applies to foreign-origin, inbound direct entry mail tendered by foreign postal operators, subject to the terms of an authorization arrangement. * * * * * [FR Doc. 2017–16328 Filed 8–2–17; 8:45 am] BILLING CODE 7710–12–P POSTAL SERVICE Order The changes in prices set forth herein shall be effective thirty (30) days after management has filed appropriate notice of these changes with the Postal Regulatory Commission (‘‘Commission’’). I direct the Secretary to have this decision published in the Federal Register in accordance with 39 U.S.C. § 3632(b)(2), and direct management to file with the Commission appropriate notice of these changes, unless this decision has been superseded by a subsequent decision. Further, this decision may be rescinded in the event any new Governor is confirmed by the Senate prior to the filing of the notice of adjustment with the Commission that is authorized herein, and a majority of Governors then in office vote to do so. 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: Date of notice required under 39 U.S.C. 3642(d)(1): August 3, 2017. 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 July 28, 2017, By The Governors: it filed with the Postal Regulatory /s/ lllllllllllllllllll Commission a Request of the United James H. Bilbray States Postal Service to Add Priority Chairman, Temporary Emergency Committee Mail Contract 336 to Competitive Product List. Documents are available at of the Board of Governors PO 00000 Frm 00051 Fmt 4703 Sfmt 4703 SUMMARY: E:\FR\FM\03AUN1.SGM 03AUN1 Federal Register / Vol. 82, No. 148 / Thursday, August 3, 2017 / Notices Product Change—Priority Mail and First-Class Package Service Negotiated Service Agreement 2017, Fixed Income Clearing Corporation (‘‘FICC’’) 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 clearing agency. FICC filed the proposed rule change pursuant to Section 19(b)(3)(A) of the Act 3 and Rule 19b–4(f)(2) thereunder.4 The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. Postal ServiceTM. ACTION: Notice. I. Clearing Agency’s Statement of the Terms of Substance of the Proposed Rule Change www.prc.gov, Docket Nos. MC2017–162, CP2017–227. Stanley F. Mires, Attorney, Federal Compliance. [FR Doc. 2017–16321 Filed 8–2–17; 8:45 am] BILLING CODE 7710–12–P POSTAL SERVICE 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: Date of notice required under 39 U.S.C. 3642(d)(1): August 3, 2017. 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 July 27, 2017, it filed with the Postal Regulatory Commission a Request of the United States Postal Service to Add Priority Mail & First-Class Package Service Contract 48 to Competitive Product List. Documents are available at www.prc.gov, Docket Nos. MC2017–160, CP2017–225. SUMMARY: Stanley F. Mires, Attorney, Federal Compliance. [FR Doc. 2017–16317 Filed 8–2–17; 8:45 am] BILLING CODE 7710–12–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–81255; File No. SR–FICC– 2017–018] mstockstill on DSK30JT082PROD with NOTICES Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fees in the Mortgage-Backed Securities Division Clearing Rules and the EPN Rules July 28, 2017. 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 July 28, 1 15 2 17 U.S.C. 78s(b)(1). CFR 240.19b–4. VerDate Sep<11>2014 16:35 Aug 02, 2017 Jkt 241001 On July 31, 2017, FICC will implement proposed rule change SR– FICC–2017–012 (‘‘Rule Filing 2017– 012’’).5 Rule Filing 2017–012 will amend the Mortgage-Backed Securities Division Clearing Rules (the ‘‘MBSD Rules’’) to (1) move the time that FICC novates and treats itself as the settlement counterparty for certain transactions, (2) guarantee and novate trades with stipulations (‘‘Stipulated Trades’’), and (3) establish new processes that promote operational efficiencies for Clearing Members.6 In connection with Rule Filing 2017–012, FICC is proposing with this filing to amend the fees in the MBSD Rules and the EPN Rules (the ‘‘EPN Rules’’) as further described below.7 The changes proposed in this filing would become effective on August 1, 2017, as described below. II. Clearing Agency’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the clearing agency 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 clearing agency has prepared summaries, set forth in sections A, B, and C below, of the most significant aspects of such statements. 3 15 U.S.C. 78s(b)(3)(A). CFR 240.19b–4(f)(2). 5 Securities Exchange Act Release No. 81051 (June 29, 2017), 82 FR 31378 (July 6, 2017) (SR– FICC–2017–012) (‘‘Approval Order’’). 6 Id. In connection with the changes in Rule Filing 2017–012, FICC will implement new processes that promote operational efficiencies for Clearing Members. The full text of Rule Filing 2017–012 may be obtained by visiting DTCC’s Web site at https://www.dtcc.com/legal/sec-rule-filings. 7 Capitalized terms not defined herein are defined in the MBSD Rules and the EPN Rules, available at https://www.dtcc.com/legal/rules-and-procedures. 4 17 PO 00000 Frm 00052 Fmt 4703 Sfmt 4703 36165 (A) Clearing Agency’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change 1. Purpose On July 31, 2017, FICC will amend the MBSD Rules to (1) move the time that FICC novates and treats itself as the settlement counterparty for certain transactions, (2) guarantee and novate trades with stipulations (‘‘Stipulated Trades’’), and (3) establish new processes that promote operational efficiencies for Clearing Members.8 In connection with Rule Filing 2017–012, FICC is proposing with this filing to amend the fees in the MBSD Rules and the EPN Rules as further described below. The changes proposed in this filing would become effective on August 1, 2017, as described below. I. Proposed Changes to the MBSD Rules FICC is proposing to amend the fees in the MBSD Rules’ Schedule of Charges Broker Account Group as listed below. 1. The Account Maintenance section would be amended to eliminate the ‘‘Option Account’’ fee. This change is being proposed because FICC will eliminate the Broker ‘‘give-up’’ process from the MBSD Rules in connection with Rule Filing 2017–012.9 Because the submission of Broker Give-Up Trades (which includes Option Contracts) will be eliminated, the associated account maintenance fee for Option Accounts will be eliminated. 2. The Trade Processing section would be amended to change the name of the ‘‘Give-Up Trade Creates’’ fee to the ‘‘Trade Creates’’ fee. This change is being proposed because FICC will eliminate the Broker ‘‘give-up’’ process from the MBSD Rules in connection with Rule Filing 2017–012.10 3. The Processing Fees section would be amended to increase the ‘‘Trade Input Non-Compliance’’ fee to $1,000 a month per Account from $500 a month per Account. This change is being proposed in order to encourage Clearing Members to submit transactions into FICC’s Real-Time Trade Matching (‘‘RTTM’’) system in a timely manner. The timely submission of transactions is especially important because FICC will novate and become the settlement counterparty to all transactions (other than Option Contracts) pursuant to Rule Filing 2017–012.11 FICC is proposing to amend the fees in the MBSD Rules’ Schedule of Charges Dealer Account Group as listed below. 8 See 9 See Approval Order, supra note 5. Approval Order, 82 FR at 31382. 10 Id. 11 See E:\FR\FM\03AUN1.SGM Approval Order, supra note 5. 03AUN1

Agencies

[Federal Register Volume 82, Number 148 (Thursday, August 3, 2017)]
[Notices]
[Pages 36164-36165]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-16321]


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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: Date of notice required under 39 U.S.C. 3642(d)(1): August 3, 
2017.

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 
July 28, 2017, it filed with the Postal Regulatory Commission a Request 
of the United States Postal Service to Add Priority Mail Contract 336 
to Competitive Product List. Documents are available at

[[Page 36165]]

www.prc.gov, Docket Nos. MC2017-162, CP2017-227.

Stanley F. Mires,
Attorney, Federal Compliance.
[FR Doc. 2017-16321 Filed 8-2-17; 8:45 am]
BILLING CODE 7710-12-P