Product Change-Priority Mail Express, Priority Mail, First-Class Package Service, and Parcel Select Service Negotiated Service Agreement, 344-345 [2019-28402]
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344
Federal Register / Vol. 85, No. 2 / Friday, January 3, 2020 / Notices
Product List and Notice of Filing
Materials Under Seal; Filing Acceptance
Date: December 23, 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: January 6,
2020.
4. Docket No(s).: MC2020–82 and
CP2020–81; Filing Title: USPS Request
to Add Priority Mail Contract 587 to
Competitive Product List and Notice of
Filing Materials Under Seal; Filing
Acceptance Date: December 23, 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: January 6,
2020.
5. Docket No(s).: MC2020–83 and
CP2020–82; Filing Title: USPS Request
to Add Parcel Select and Parcel Return
Service Contract 10 to Competitive
Product List and Notice of Filing
Materials Under Seal; Filing Acceptance
Date: December 23, 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: January 6,
2020.
This Notice will be published in the
Federal Register.
Ruth Ann Abrams,
Acting Secretary.
[FR Doc. 2019–28353 Filed 1–2–20; 8:45 am]
BILLING CODE 7710–FW–P
POSTAL SERVICE
Product Change—Priority Mail Express
and Priority Mail Negotiated Service
Agreement
Postal ServiceTM.
ACTION: Notice.
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 required notice: January
3, 2020.
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 December 27,
2019, it filed with the Postal Regulatory
Commission a USPS Request to Add
Priority Mail Express & Priority Mail
Contract 111 to Competitive Product
List. Documents are available at
jbell on DSKJLSW7X2PROD with NOTICES
17:29 Jan 02, 2020
Sean Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2019–28406 Filed 1–2–20; 8:45 am]
BILLING CODE 7710–12–P
Jkt 250001
2019, it filed with the Postal Regulatory
Commission a USPS Request to Add
Parcel Select Contract 37 to Competitive
Product List. Documents are available at
www.prc.gov, Docket Nos. MC2020–84,
CP2020–83.
Sean Robinson,
Attorney, Corporate and Postal Business Law.
POSTAL SERVICE
[FR Doc. 2019–28405 Filed 1–2–20; 8:45 am]
Product Change—Parcel Select and
Parcel Return Service Negotiated
Service Agreement
Postal ServiceTM.
ACTION: Notice.
AGENCY:
BILLING CODE 7710–12–P
POSTAL SERVICE
Product Change—Priority Mail
Negotiated Service Agreement
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: January
3, 2020.
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 December 26,
2019, it filed with the Postal Regulatory
Commission a USPS Request to Add
Parcel Select and Parcel Return Service
Contract 10 to Competitive Product List.
Documents are available at
www.prc.gov, Docket Nos. MC2020–83,
CP2020–82.
SUMMARY:
Sean Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2019–28404 Filed 1–2–20; 8:45 am]
BILLING CODE 7710–12–P
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: January
3, 2020.
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 December 23,
2019, it filed with the Postal Regulatory
Commission a USPS Request to Add
Priority Mail Contract 587 to
Competitive Product List. Documents
are available at www.prc.gov, Docket
Nos. MC2020–82, CP2020–81.
SUMMARY:
Sean Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2019–28403 Filed 1–2–20; 8:45 am]
BILLING CODE 7710–12–P
POSTAL SERVICE
SUMMARY:
VerDate Sep<11>2014
www.prc.gov, Docket Nos. MC2020–85,
CP2020–84.
Product Change—Parcel Select
Negotiated Service Agreement
POSTAL SERVICE
Postal ServiceTM.
ACTION: Notice.
Product Change—Priority Mail
Express, Priority Mail, First-Class
Package Service, and Parcel Select
Service Negotiated Service Agreement
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 required notice: January
3, 2020.
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 December 27,
SUMMARY:
PO 00000
Frm 00048
Fmt 4703
Sfmt 4703
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: January
3, 2020.
FOR FURTHER INFORMATION CONTACT:
Sean Robinson, 202–268–8405.
SUMMARY:
E:\FR\FM\03JAN1.SGM
03JAN1
Federal Register / Vol. 85, No. 2 / Friday, January 3, 2020 / Notices
The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on December 23,
2019, it filed with the Postal Regulatory
Commission a USPS Request to Add
Priority Mail Express, Priority Mail,
First-Class Package Service, and Parcel
Select Service Contract 4 to Competitive
Product List. Documents are available at
www.prc.gov, Docket Nos. MC2020–81,
CP2020–80.
SUPPLEMENTARY INFORMATION:
Sean Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2019–28402 Filed 1–2–20; 8:45 am]
BILLING CODE 7710–12–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–87868; File No. SR–BOX–
2019–37]
Self-Regulatory Organizations; BOX
Exchange LLC; Notice of Filing of a
Proposed Rule Change in Connection
With the Proposed Commencement of
Operations of Boston Security Token
Exchange LLC as a Facility of the
Exchange
December 30, 2019.
jbell on DSKJLSW7X2PROD with NOTICES
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 December
18, 2019, BOX Exchange LLC (the
‘‘Exchange’’) 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 self-regulatory
organization. The Commission is
publishing this notice to solicit
comments on the proposed rule from
interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange is submitting this
Proposed Rule Change to the
Commission in connection with the
proposed commencement of operations
of BSTX. In this Proposed Rule Change,
the proposed Amended and Restated
Limited Liability Company Agreement
of the Company dated January 29, 2019
(the ‘‘LLC Agreement’’), is attached as
Exhibit 5A hereto [sic]. The text of the
proposed rule change is available from
the principal office of the Exchange, at
the Commission’s Public Reference
Room and also on the Exchange’s
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
VerDate Sep<11>2014
18:46 Jan 02, 2020
Jkt 250001
internet website at https://
boxoptions.com.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
self-regulatory organization 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 self-regulatory organization has
prepared summaries, set forth in
Sections A, B, and C below, of the most
significant aspects of such statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange is submitting this
Proposed Rule Change to the
Commission in connection with the
proposed commencement of operations
of BSTX. The Exchange proposes to
establish BSTX as a facility, as that term
is defined in Section 3(a)(2) of the Act,3
of the Exchange.4 BSTX would be a
facility of the Exchange that will operate
a market for the trading of digital
security tokens. BSTX would operate a
fully automated, price/time priority
execution system for the trading of
‘‘security tokens,’’ which would be
equity securities that meet BSTX listing
standards and for which ancillary
records of ownership would be able to
be created and maintained using
distributed ledger (or ‘‘blockchain’’)
technology. The security tokens would
qualify as NMS stocks pursuant to
Regulation NMS.5 All transactions in
security tokens would clear and settle in
accordance with the rules, policies and
procedures of registered clearing
agencies.
BSTX is owned jointly by BOX
Digital, a Delaware limited liability
company and a subsidiary of BOX
Holdings Group LLC, and tZERO Group,
Inc., a Delaware corporation and an
3 15
U.S.C. 78c(a)(2).
for the BSTX facility is being sought
by the Exchange through a separate proposed rule
change with the Commission. See Securities
Exchange Act Release No. 87287 October 11, 2019,
84 FR 56022 October 18, 2019 (‘‘BSTX Rulebook
Proposal’’). The Exchange also currently plans to
separately propose certain other rule changes with
the Commission designed to provide sufficient
flexibility for there to be multiple facilities under
the Exchange’s regulatory authority. Currently,
there is only one facility of the Exchange, BOX
Options Market LLC.
5 17 CFR 242.600 through 613.
4 Approval
PO 00000
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345
affiliate of Overstock.com, Inc. BSTX is
an affiliate of the Exchange and, when
it commences trading operations, will
be subject to regulatory oversight by the
Exchange. In addition, the Exchange
will enter into a facility agreement with
BSTX (the ‘‘Facility Agreement’’)
pursuant to which the Exchange will
regulate the Company as a facility of the
Exchange. The Exchange’s powers and
authority under the Facility Agreement
ensure that the Exchange has full
regulatory control over BSTX, which is
designed to prevent any owner of BSTX
from exercising undue influence over
the regulated activities of the Company.
The Exchange will also provide certain
business services to the Company such
as providing human resources and office
technology support pursuant to an
administrative services agreement
between the Exchange and BSTX.
The LLC Agreement is the source of
governance and operating authority for
the Company and, therefore, functions
in a similar manner as articles of
incorporation and bylaws would
function for a corporation. The
Exchange is submitting a separate filing
to establish rules relating to trading on
BSTX.6 The Exchange is also submitting
another separate filing to introduce
structural changes to the Exchange to
accommodate regulation of BSTX in
addition to the Exchange’s existing
facility. With the addition of BSTX as an
Exchange facility, BSTX Participants 7
will have the same representation, rights
and responsibilities as Participants on
the Exchange’s other facility.
The Exchange currently operates BOX
Options Market LLC (‘‘BOX Options’’),
which is a facility of the Exchange, as
that term is defined in Section 3(a)(2) of
the Act. The proposed LLC Agreement
provisions are generally the same as the
provisions of the BOX Options LLC
Agreement or, where indicated herein,
are the same as provisions of the BOX
Holdings LLC Agreement.8 Currently,
BOX Holdings has nine separate,
unaffiliated owners. BOX Holdings
owns 100% of BOX Options so BOX
Holdings is essentially the alter ego of
6 See
BSTX Rulebook Proposal.
BSTX Participant is a firm or organization that
is registered with the Exchange pursuant to
Exchange Rules for the purposes of participating on
the BSTX Market as an order flow provider or
market maker. See Section 1.1, LLC Agreement.
8 The Exchange notes, as further described in the
Proposed Rule Change, that certain provisions of
the BOX Holdings LLC and BOX Options LLC
Agreements are not included in the LLC Agreement
because they are not applicable. For example,
certain provisions in the BOX Holdings LLC
Agreement that are related to different ownership
classes are not present in the LLC Agreement
because BSTX has only one class of ownership. See,
e.g., Sections 4.1, 4.4, 4.13 and 7 of the BOX
Holding LLC Agreement.
7A
E:\FR\FM\03JAN1.SGM
03JAN1
Agencies
[Federal Register Volume 85, Number 2 (Friday, January 3, 2020)]
[Notices]
[Pages 344-345]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-28402]
-----------------------------------------------------------------------
POSTAL SERVICE
Product Change--Priority Mail Express, Priority Mail, First-Class
Package Service, and Parcel Select Service Negotiated Service Agreement
AGENCY: Postal ServiceTM.
ACTION: Notice.
-----------------------------------------------------------------------
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: January 3, 2020.
FOR FURTHER INFORMATION CONTACT: Sean Robinson, 202-268-8405.
[[Page 345]]
SUPPLEMENTARY INFORMATION: The United States Postal Service[supreg]
hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on
December 23, 2019, it filed with the Postal Regulatory Commission a
USPS Request to Add Priority Mail Express, Priority Mail, First-Class
Package Service, and Parcel Select Service Contract 4 to Competitive
Product List. Documents are available at www.prc.gov, Docket Nos.
MC2020-81, CP2020-80.
Sean Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2019-28402 Filed 1-2-20; 8:45 am]
BILLING CODE 7710-12-P