New Postal Products, 30782-30783 [2019-13690]

Download as PDF 30782 Federal Register / Vol. 84, No. 124 / Thursday, June 27, 2019 / Notices For the Nuclear Regulatory Commission. Michael F. King, Director, Division of Fuel Cycle Safety, Safeguards, and Environmental Review, Office of Nuclear Material Safety and Safeguards. [FR Doc. 2019–13691 Filed 6–26–19; 8:45 am] BILLING CODE 7590–01–P OVERSEAS PRIVATE INVESTMENT CORPORATION [DFC–013] Submission for OMB Review, Comments Request U.S. International Development Finance Corporation (DFC), Overseas Private Investment Corporation (OPIC). ACTION: Notice of information collection; request for comment. AGENCY: Under the provisions of the Paperwork Reduction Act, agencies are required to publish a Notice in the Federal Register notifying the public that the agency is creating a new information collection for OMB review and approval and requests public review and comment on the submission. Comments are being solicited on the need for the information; the accuracy of the burden estimate; the quality, practical utility, and clarity of the information to be collected; and ways to minimize reporting the burden, including automated collected techniques and uses of other forms of technology. SUMMARY: DFC intends to begin use of these collections on October 1, 2019. Comments must be received by August 26, 2019. ADDRESSES: Comments and requests for copies of the subject information collections may be sent by any of the following methods: • Mail: Catherine F.I. Andrade, Agency Submitting Officer, Overseas Private Investment Corporation, 1100 New York Avenue NW, Washington, DC 20527. • Email: fedreg@opic.gov. Instructions: All submissions received must include the agency name and agency form number or OMB form number for the referenced information collection(s). Electronic submissions must include the full agency form number(s) in the subject line to ensure proper routing (e.g., ‘‘DFC–013’’). Please note that all written comments received in response to this notice will be considered public records. FOR FURTHER INFORMATION CONTACT: Agency Submitting Officer: Catherine Andrade, (202) 336–8768. jspears on DSK30JT082PROD with NOTICES DATES: VerDate Sep<11>2014 20:15 Jun 26, 2019 Jkt 247001 The Better Utilization of Investments Leading to Development (BUILD) Act of 2018, Public Law 115–254 creates the U.S. International Development Finance Corporation (DFC) by bringing together the Overseas Private Investment Corporation (OPIC) and the Development Credit Authority (DCA) office of the U.S. Agency for International Development (USAID). Section 1465(a) of the Act tasks OPIC staff with assisting DFC in the transition. Section 1466(a)–(b) provides that all completed administrative actions and all pending proceedings shall continue through the transition to the DFC. Accordingly, OPIC is issuing this Paperwork Reduction Act notice and request for comments on behalf of the DFC. SUPPLEMENTARY INFORMATION: Summary Form Under Review Title of Collection: Loan Transaction and Qualifying Loan Schedule Reports. Type of Review: New collection. Agency Form Number: DFC–013. OMB Form Number: Not assigned. Frequency: Semi-annual. Affected Public: Financial Institutions. Total Estimated Number of Annual Respondents: 300. Estimated Time per Respondent: 4 hours. Total Estimated Number of Annual Burden Hours: 2,400 hours. Abstract: Semi-annual reporting by partner financial institutions via the Loan Transaction and Qualifying Loan Schedule Reports will be required to monitor financial compliance with the business terms in loan and bond guarantees administered by the DFC’s Office of Development Credit and to analyze the guarantee portfolio and loans placed under guarantee coverage. The information collected in the reports may also play a role, when coupled with other methods and tools, in evaluating program effectiveness. Dated: June 24, 2019. Dev Jagadesan, Deputy General Counsel, Department of Legal Affairs. [FR Doc. 2019–13688 Filed 6–26–19; 8:45 am] BILLING CODE 3210–01–P POSTAL REGULATORY COMMISSION [Docket Nos. MC2019–157 and CP2019–175] New Postal Products Postal Regulatory Commission. Notice. AGENCY: ACTION: The Commission is noticing a recent Postal Service filing for the SUMMARY: PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 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: July 1, 2019. ADDRESSES: Submit comments electronically via the Commission’s Filing Online system at http:// 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 website (http:// 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 3007.301.1 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), 1 See Docket No. RM2018–3, Order Adopting Final Rules Relating to Non-Public Information, June 27, 2018, Attachment A at 19–22 (Order No. 4679). E:\FR\FM\27JNN1.SGM 27JNN1 Federal Register / Vol. 84, No. 124 / Thursday, June 27, 2019 / Notices 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. April 30, 2019.3 On June 13, 2019, pursuant to Section 19(b)(2) of the Act,4 the Commission designated a longer period within which to approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether to approve or disapprove the proposed rule change.5 The Commission received one comment letter in support of the proposed rule change.6 This order approves the proposed rule change. II. Docketed Proceeding(s) II. Description of the Proposal Currently, a transaction in a U.S. Treasury Security executed on a business day up to 5:00 p.m. E.T. must be reported on the same day during TRACE System Hours.7 For a transaction in a U.S. Treasury Security executed on a business day after 5:00 p.m. E.T., a member must report the trade no later than the next business day (T+1) during TRACE System Hours, and, if reported on T+1, the member must designate the trade ‘‘as/of’’ and include the date of execution.8 According to FINRA, institutional investors often hedge a primary market transaction that meets the definition of ‘‘List or Fixed Offering Price Transaction’’ or ‘‘Takedown Transaction’’ (i.e., a ‘‘P1’’ transaction) with a U.S. Treasury Security.9 In such cases, hedges in U.S. Treasury Securities and the P1 transactions are 1. Docket No(s).: MC2019–157 and CP2019–175; Filing Title: USPS Request to Add Priority Mail Express & Priority Mail Contract 95 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: June 21, 2019; Filing Authority: 39 U.S.C. 3642, 39 CFR 3020.30 et seq., and 39 CFR 3015.5; Public Representative: Christopher C. Mohr; Comments Due: July 1, 2019. This Notice will be published in the Federal Register. Stacy L. Ruble, Secretary. [FR Doc. 2019–13690 Filed 6–26–19; 8:45 am] BILLING CODE 7710–FW–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–86178; File No. SR–FINRA– 2019–014] Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Order Approving Proposed Rule Change To Allow Additional Time for Reporting to TRACE of Transactions in U.S. Treasury Securities Executed To Hedge a Primary Market Transaction June 21, 2019. jspears on DSK30JT082PROD with NOTICES I. Introduction On April 16, 2019, the Financial Industry Regulatory Authority, Inc. (‘‘FINRA’’) filed with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a proposed rule change to amend FINRA Rule 6730 to provide additional time for reporting to TRACE of transactions in U.S. Treasury Securities executed to hedge a primary market transaction. The proposed rule change was published for comment in the Federal Register on 1 15 2 17 U.S.C. 78s(b)(1). CFR 240.19b–4. VerDate Sep<11>2014 20:15 Jun 26, 2019 Jkt 247001 3 See Securities Exchange Act Release No. 85713 (April 24, 2019), 84 FR 18329 (April 30, 2019) (‘‘Notice’’). 4 15 U.S.C. 78s(b)(2). 5 See Securities Exchange Act Release No. 86101 (June 13, 2019), 84 FR 28601 (June 19, 2019) (designating July 29, 2019, as the date by which the Commission shall approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether to approve or disapprove the proposed rule change). 6 See Letter from Robert Toomey, Managing Director and Associate General Counsel, SIFMA, to Robert W. Errett, Deputy Security, Commission, dated May 21, 2019 (‘‘SIFMA Letter’’). 7 See FINRA Rule 6730(a)(4)(A)(i). FINRA Rule 6710(t) defines ‘‘TRACE System Hours’’ to mean ‘‘the hours the TRACE system is open, which are 8:00:00 a.m. Eastern Time through 6:29:59 p.m. Eastern Time on a business day, unless otherwise announced by FINRA.’’ 8 See FINRA Rule 6730(a)(4)(A)(ii). 9 FINRA Rule 6710(q) and (r) define ‘‘List or Fixed Offering Price Transactions’’ and ‘‘Takedown Transactions,’’ which are identified with the ‘‘P1’’ modifier, generally as primary market sale transactions on the first day of trading of a security: (i) By a sole underwriter, syndicate manager, syndicate member or selling group member at the published or stated list or fixed offering price (or, for Takedown Transactions, at a discount from the published or stated list or fixed offering price) or (ii) in the case of primary market sale transactions effected pursuant to Securities Act Rule 144A, by an initial purchaser, syndicate manager, syndicate member or selling group member at the published or stated fixed offering price (or, for Takedown Transactions, at a discount from the published or stated fixed offering price). PO 00000 Frm 00094 Fmt 4703 Sfmt 4703 30783 executed in close time proximity because the desired hedge position in the U.S. Treasury Security cannot be determined until the underwriters complete pricing of P1 issue and make allocations to customers.10 Once pricing is complete for the new issue, any associated hedging trades in U.S. Treasury Securities must be entered and reported to TRACE.11 Under current FINRA Rule 6730, a trade report for a transaction in a U.S. Treasury Security executed by 5:00 p.m. ET is due on trade date (by the close of TRACE System Hours), whereas a P1 trade report is due on T+1 (by the close of TRACE System Hours).12 FINRA understands that this difference in TRACE reporting timeframes for the hedging transactions in U.S. Treasury Securities and the related P1 transaction can present operational challenges for members, particularly where pricing of the debt new issue occurs prior to, but near, 5:00 p.m. E.T.13 In response to these concerns, FINRA has proposed to align the TRACE reporting timeframe for any hedging transactions in U.S. Treasury Securities associated with a P1 transaction with the deadline for reporting the related P1 transaction. Specifically, FINRA has proposed to amend FINRA Rule 6730 to provide that a transaction in a U.S. Treasury Security executed to hedge a P1 transaction must be reported no later than the next business day (T+1) during TRACE System Hours and, if reported on T+1, designated ‘‘as/of’’ and include the date of execution.14 FINRA also proposed that a member must append a new trade modifier when reporting to TRACE any transaction in a U.S. Treasury Security that is executed to hedge a P1 transaction.15 FINRA has stated that it will announce the effective date of the rule change in a Regulatory Notice to be published no later than 90 days following a Commission approval, and the effective date will be no later than 270 days following publication of that Regulatory Notice.16 III. Discussion and Commission Findings After careful consideration, the Commission finds that the proposed rule change is consistent with the requirements of the Act and the rules 10 See Notice, 84 FR at 18330. id. 12 See FINRA Rule 6730(a)(2) and (4). 13 See Notice, 84 FR at 18330. 14 See proposed FINRA Rule 6730(a)(4)(B). 15 See proposed FINRA Rule 6730(d)(4)(G)(iii). 16 See Notice, 84 FR at 18330. 11 See E:\FR\FM\27JNN1.SGM 27JNN1

Agencies

[Federal Register Volume 84, Number 124 (Thursday, June 27, 2019)]
[Notices]
[Pages 30782-30783]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-13690]


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POSTAL REGULATORY COMMISSION

[Docket Nos. MC2019-157 and CP2019-175]


New Postal Products

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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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: July 1, 2019.

ADDRESSES: Submit comments electronically via the Commission's Filing 
Online system at http://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 website (http://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 3007.301.\1\
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    \1\ See Docket No. RM2018-3, Order Adopting Final Rules Relating 
to Non-Public Information, June 27, 2018, Attachment A at 19-22 
(Order No. 4679).
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    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),

[[Page 30783]]

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).: MC2019-157 and CP2019-175; Filing Title: USPS 
Request to Add Priority Mail Express & Priority Mail Contract 95 to 
Competitive Product List and Notice of Filing Materials Under Seal; 
Filing Acceptance Date: June 21, 2019; Filing Authority: 39 U.S.C. 
3642, 39 CFR 3020.30 et seq., and 39 CFR 3015.5; Public Representative: 
Christopher C. Mohr; Comments Due: July 1, 2019.
    This Notice will be published in the Federal Register.

Stacy L. Ruble,
Secretary.
[FR Doc. 2019-13690 Filed 6-26-19; 8:45 am]
 BILLING CODE 7710-FW-P