Product Change-First-Class Package Service Negotiated Service Agreement, 55991-55992 [2019-22784]

Download as PDF Federal Register / Vol. 84, No. 202 / Friday, October 18, 2019 / Notices CONTACT PERSON FOR MORE INFORMATION: Point of contact for this meeting is: Reba Bandyopadhyay (rbandyop@nsf.gov), 703/292–7000. Meeting information and updates (time, place, subject matter or status of meeting) may be found at https:// www.nsf.gov/nsb/meetings/ notices.jsp#sunshine. Please refer to the National Science Board website www.nsf.gov/nsb for additional information. Ann Bushmiller, Senior Counsel, National Science Board. [FR Doc. 2019–22889 Filed 10–16–19; 4:15 pm] BILLING CODE 7555–01–P NATIONAL SCIENCE FOUNDATION Sunshine Act Meeting; National Science Board The National Science Board’s Executive Committee (EC), pursuant to National Science Foundation regulations (45 CFR part 614), the National Science Foundation Act, as amended (42 U.S.C. 1862n–5), and the Government in the Sunshine Act (5 U.S.C. 552b), hereby gives notice of the scheduling of a teleconference for the transaction of National Science Board business, as follows: TIME & DATE: Wednesday, October 23, 2019, from 2:00–3:00 p.m. EDT. PLACE: This meeting will be held by teleconference at the National Science Foundation, 2415 Eisenhower Avenue, Alexandria, VA 22314. An audio link will be available for the public. Members of the public must contact the Board Office to request the public audio link by sending an email to nationalsciencebrd@nsf.gov at least 24 hours prior to the teleconference. STATUS: Open. MATTERS TO BE CONSIDERED: Committee Chair’s opening remarks; approval of Executive Committee minutes of June 26, 2019; and discuss issues and topics for an agenda of the NSB meetings scheduled for November 19–20, 2019. CONTACT PERSON FOR MORE INFORMATION: Point of contact for this meeting is: James Hamos, 2415 Eisenhower Avenue, Alexandria, VA 22314. Telephone: 703/ 292–8000. Meeting information and updates may be found at https:// www.nsf.gov/nsb/notices/.jsp#sunshine. Please refer to the National Science Board website at www.nsf.gov/nsb for general information. Ann Bushmiller, Senior Counsel, National Science Board. [FR Doc. 2019–22890 Filed 10–16–19; 4:15 pm] BILLING CODE 7555–01–P VerDate Sep<11>2014 16:37 Oct 17, 2019 Jkt 250001 POSTAL REGULATORY COMMISSION [Docket Nos. MC2020–9 and CP2020–8] 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: October 18, 2019. 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. 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 (https:// www.prc.gov). Non-public portions of the Postal Service’s request(s), if any, can be accessed through compliance PO 00000 Frm 00090 Fmt 4703 Sfmt 4703 55991 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), 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).: MC2020–9 and CP2020–8; Filing Title: USPS Request to Add Priority Mail & First-Class Package Service Contract 123 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: October 10, 2019; Filing Authority: 39 U.S.C. 3642, 39 CFR 3020.30 et seq., and 39 CFR 3015.5; Public Representative: Kenneth R. Moeller; Comments Due: October 18, 2019. This Notice will be published in the Federal Register. Darcie S. Tokioka, Acting Secretary. [FR Doc. 2019–22708 Filed 10–17–19; 8:45 am] BILLING CODE 7710–FW–P POSTAL SERVICE Product Change—First-Class Package Service 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 required notice: October 18, 2019. FOR FURTHER INFORMATION CONTACT: Sean Robinson, 202–268–8405. SUPPLEMENTARY INFORMATION: The United States Postal Service® hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on October 15, SUMMARY: 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\18OCN1.SGM 18OCN1 55992 Federal Register / Vol. 84, No. 202 / Friday, October 18, 2019 / Notices 2019, it filed with the Postal Regulatory Commission a USPS Request to Add First-Class Package Service Contract 105 to Competitive Product List. Documents are available at www.prc.gov, Docket Nos. MC2020–10, CP2020–9. Sean Robinson, Attorney, Corporate and Postal Business Law. [FR Doc. 2019–22784 Filed 10–17–19; 8:45 am] BILLING CODE 7710–12–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–87296; File No. SR–LCH SA–2019–006] Self-Regulatory Organizations; LCH SA; Order Approving Proposed Rule Change Relating to Extension of Weekly Backloading Cycle to Index Swaptions October 11, 2019. I. Introduction On August 20, 2019, Banque Centrale de Compensation, which conducts business under the name LCH SA (‘‘LCH SA’’), 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 its CDS Clearing Rule Book (‘‘Rule Book’’) and CDS Clearing Procedures (‘‘Procedures’’) (collectively the ‘‘CDS Clearing Rules’’) to make conforming, clarifying, and clean-up changes intended to extend the weekly backloading process to Index Swaptions and amend the structure of the documentation relating to the backloading process (‘‘Weekly Backloading Cycle’’).3 The proposed rule change was published for comment in the Federal Register on September 9, 2019.4 The Commission has not received any comments on the proposed rule change. For the reasons discussed below, the Commission is approving the proposed rule change. II. Description of the Proposed Rule Change LCH SA is proposing to update the CDS Clearing Rules to permit the clearing process of Index Swaptions through the Weekly Backloading Cycle, which is currently the case for CDS.5 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 Capitalized terms used herein but not otherwise defined have the meaning set forth in the Rule Book and Procedures. 4 Securities Exchange Act Release No. 34–86858 (September 3, 2019), 84 FR 47328 (Sept. 9, 2019) (SR–LCH SA–2019–006) (‘‘Notice’’). 5 84 FR at 47328–47329. 2 17 VerDate Sep<11>2014 16:37 Oct 17, 2019 Jkt 250001 For the purpose of this proposal, existing defined terms and provisions in the Rule Book and Sections 4 and 5 of the Procedures have been amended as described below.6 LCH SA proposes to make amendments to the existing defined term ‘‘Weekly Backloading Transaction’’ contained within Title I, Chapter 1, Section 1.1.1. of the Rule Book by adding a reference to ‘‘Index Swaption.’’ 7 Section 4 of the Procedures will be updated to make the relevant eligibility requirements applicable to Index Swaptions to be submitted to LCH SA for clearing through the Weekly Backloading Cycle where necessary.8 Specifically, the reference to an ‘‘Index Swaption Intraday Transaction’’ in Section 4.1(c)(i)(V) will be replaced by a reference to an ‘‘Index Swaption’’ and the reference to an ‘‘Index Swaption Intraday Transaction’’ in Section 4.1(c)(iii)(C) will be replaced by a reference to an ‘‘Index Swaption that is an Index Swaption Intraday Transaction or a Weekly Backloading Transaction.’’ 9 Section 5 of the Procedures will be updated by adding a reference to ‘‘Index Swaptions’’ in Section 5.2 (b) so that Index Swaptions are eligible for the Weekly Backloading Cycle.10 LCH SA is also proposing to revise the CDS Clearing Rules to make typographical corrections and changes made for consistency purposes. Specifically, information on the Daily Backloading Cycle and the Weekly Backloading Cycle will be moved from the Rule Book and Section 5 of the Procedures to new Clearing Notices (i.e., a Clearing Notice named ‘‘Daily Backloading Cycle’’ and a Clearing Notice named ‘‘Weekly Backloading Cycle’’) rather than leaving them in the CDS Clearing Rules.11 Section 5.2(b) and (c) of the Procedures will refer to a Clearing Notice processing schedule for each of the Daily Backloading Cycle and Weekly Backloading Cycle is proposed to be removed from these paragraphs.12 In the Rule Book, defined terms of ‘‘Eligible Weekly Backloading Transaction’’ and ‘‘Irrevocable Weekly Backloading Transaction’’ will therefore refer to a Clearing Notice instead of Section 5 of the Procedures, as well as Sections 3.1.1 and 3.1.2 of the Rule Book.13 6 84 In addition, the definitions of ‘‘Weekly Backloading Start Day’’ and ‘‘Weekly Backloading Novation Day’’ in the Rule Book are proposed to be amended in order to make a general reference to a day as determined by LCH SA in accordance with Article 3.1.1.10 of the Rule Book as these days will be provided for in the new Clearing Notice named ‘‘Weekly Backloading Cycle.’’ 14 Article 3.1.1.10 will be amended to remove the publication date of this Clearing Notice as the provisional calendar, which specifies the Weekly Backloading Cycle, will not change each year.15 Finally, minor typographical corrections will be made to the definition of ‘‘Converting Clearing Member’’ in the Rule Book and Section 4.1(c)(vii)(B) of the Procedures.16 The reference to Section 3 in Article 3.1.1.1 of the Rule Book is also proposed to be deleted as it is redundant of the provisions of the previous sentence of this Article.17 III. Discussion and Commission Findings Section 19(b)(2)(C) of the Act directs the Commission to approve a proposed rule change of a self-regulatory organization if it finds that such proposed rule change is consistent with the requirements of the Act and the rules and regulations thereunder applicable to such organization.18 For the reasons given below, the Commission finds that the proposed rule change is consistent with Section 17A(b)(3)(F) of the Act.19 Consistency With Section 17A(b)(3)(F) of the Act Section 17A(b)(3)(F) of the Act requires that the rules of LCH SA be designed, among other things, to promote the prompt and accurate clearance and settlement of securities transactions and, to the extent applicable, derivative agreements, contracts, and transactions, as well as, in general, to protect investors and the public interest.20 The Commission believes that by changing its CDS Clearing Rules as described above to allow for the clearing of Index Swaptions trades that were not previously cleared, LCH SA’s rule proposal would promote the prompt and accurate settlement of derivative agreements, contracts, and transactions FR at 47329. 7 Id. 14 Id. 8 Id. 15 Id. 9 Id. 16 Id. 10 Id. 17 Id. 11 Id. 18 15 12 Id. 19 15 U.S.C. 78s(b)(2)(C). U.S.C. 78q–1(b)(3)(F). 20 15 U.S.C. 78q–1(b)(3)(F). 13 Id. PO 00000 Frm 00091 Fmt 4703 Sfmt 4703 E:\FR\FM\18OCN1.SGM 18OCN1

Agencies

[Federal Register Volume 84, Number 202 (Friday, October 18, 2019)]
[Notices]
[Pages 55991-55992]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-22784]


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POSTAL SERVICE


Product Change--First-Class Package Service 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 required notice: October 18, 2019.

FOR FURTHER INFORMATION CONTACT: Sean Robinson, 202-268-8405.

SUPPLEMENTARY INFORMATION: The United States Postal Service[supreg] 
hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on 
October 15,

[[Page 55992]]

2019, it filed with the Postal Regulatory Commission a USPS Request to 
Add First-Class Package Service Contract 105 to Competitive Product 
List. Documents are available at www.prc.gov, Docket Nos. MC2020-10, 
CP2020-9.

Sean Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2019-22784 Filed 10-17-19; 8:45 am]
BILLING CODE 7710-12-P
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