Joint Industry Plan; Notice of Filing and Immediate Effectiveness of Amendment to the Plan To Address Extraordinary Market Volatility To Add the Long-Term Stock Exchange LLC as a Participant, 7805-7806 [2020-02633]

Download as PDF Federal Register / Vol. 85, No. 28 / Tuesday, February 11, 2020 / Notices 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) khammond on DSKJM1Z7X2PROD with NOTICES 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 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 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). VerDate Sep<11>2014 18:19 Feb 10, 2020 Jkt 250001 7805 deadline(s) for each request appear in section II. POSTAL SERVICE II. Docketed Proceeding(s) Product Change—Priority Mail Express and Priority Mail Negotiated Service Agreement 1. Docket No(s).: MC2020–94 and CP2020–93; Filing Title: USPS Request to Add Priority Mail Express & Priority Mail Contract 112 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: February 5, 2020; 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: February 13, 2020. 2. Docket No(s).: MC2020–95 and CP2020–94; Filing Title: USPS Request to Add Priority Mail Contract 593 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: February 5, 2020; 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: February 13, 2020. This Notice will be published in the Federal Register. Erica A. Barker, Secretary. [FR Doc. 2020–02670 Filed 2–10–20; 8:45 am] BILLING CODE 7710–FW–P 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: February 11, 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 February 5, 2020, it filed with the Postal Regulatory Commission a USPS Request to Add Priority Mail Express & Priority Mail Contract 112 to Competitive Product List. Documents are available at www.prc.gov, Docket Nos. MC2020–94, CP2020–93. SUMMARY: Sean Robinson, Attorney, Corporate and Postal Business Law. [FR Doc. 2020–02603 Filed 2–10–20; 8:45 am] POSTAL SERVICE BILLING CODE 7710–12–P Product Change—Priority Mail Negotiated Service Agreement Postal Notice. AGENCY: ACTION: ServiceTM. SECURITIES AND EXCHANGE COMMISSION [Release No. 34–88122; File No. 4–631] 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: February 11, 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 February 5, 2020, it filed with the Postal Regulatory Commission a USPS Request to Add Priority Mail Contract 593 to Competitive Product List. Documents are available at www.prc.gov, Docket Nos. MC2020–95, CP2020–94. SUMMARY: Sean Robinson, Attorney, Corporate and Postal Business Law. [FR Doc. 2020–02604 Filed 2–10–20; 8:45 am] Joint Industry Plan; Notice of Filing and Immediate Effectiveness of Amendment to the Plan To Address Extraordinary Market Volatility To Add the Long-Term Stock Exchange LLC as a Participant February 5, 2020. Pursuant to Section 11A(a)(3) of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 608 thereunder,2 notice is hereby given that on November 20, 2019, Long-Term Stock Exchange LLC (‘‘LTSE’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘Commission’’) an amendment to the Plan to Address Extraordinary Market Volatility (‘‘LULD Plan’’ or ‘‘Plan’’) as a Participant.3 The 1 15 U.S.C. 78k–1(a)(3). CFR 242.608. 3 See Letter from Howard Steinberg, General Counsel, LTSE, dated November 18, 2019, to Vanessa Countryman, Secretary, Commission. On May 6, 2012, the Commission issued an order approving the Plan on a pilot basis (the ‘‘Approval 2 17 Continued BILLING CODE 7710–12–P PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 E:\FR\FM\11FEN1.SGM 11FEN1 7806 Federal Register / Vol. 85, No. 28 / Tuesday, February 11, 2020 / Notices amendment adds LTSE as a Participant 4 to the LULD Plan. The Commission is publishing this notice to solicit comments on the amendment from interested persons. khammond on DSKJM1Z7X2PROD with NOTICES I. Description and Purpose of the Amendment On May 10, 2019, the Commission issued an order granting LTSE’s application for registration as a national securities exchange.5 As noted above, the proposed amendment adds LTSE as a Participant to the LULD Plan. Under Section II(C) of the LULD Plan, any entity registered as a national securities exchange or national securities association under the Exchange Act may become a Participant by: (1) Becoming a participant in the applicable Market Data Plans; (2) executing a copy of the Plan, as then in effect; (3) providing each then-current Participant with a copy of such executed Plan; and (4) effecting an amendment to the Plan as specified in Section III (B) of the Plan. Section III(B) of the LULD Plan sets forth the process for a prospective new Participant to effect an amendment of the Plan. Specifically, the LULD Plan provides that such an amendment to the Plan may be effected by the new national securities exchange or national securities association by executing a copy of the Plan as then in effect (with the only changes being the addition of the new Participant’s name in Section II(A) of the Plan); and submitting such executed Plan to the Commission. The amendment will be effective when it is approved by the Commission in accordance with Rule 608 of Regulation NMS, or otherwise becomes effective pursuant to Rule 608 of Regulation NMS. LTSE has become a participant in the applicable Market Data Plans,6 executed Order’’). See Securities Exchange Act Release No. 67091 (May 31, 2012), 77 FR 33498 (June 6, 2012). The Commission approved the LULD Plan on a permanent basis on April 11, 2019. See Securities Exchange Act Release No. 85623, 84 FR 16079 (April 17, 2019). 4 Defined in Section I(K) of the Plan as follows: ‘‘Participant’’ means a Party to the Plan. 5 See Securities Exchange Act Release No. 85828 (May 10, 2019), 84 FR 21841 (May 15, 2019). 6 See Letter from Robert Books, Chairman, Operating Committee, CTA/CQ Plans, to Vanessa Countryman, Secretary, Commission, dated October 23, 2018 [sic]to Vanessa Countryman, Secretary, SEC, from Robert Books (relating to Thirty-Second Substantive Amendment to the Second Restatement of the CTA Plan and Twenty-Third Substantive Amendment to the Restated CQ Plan adding LTSE as a participant) and letter from Robert Books, Chairman, Operating Committee, UTP Plan, to Vanessa Countryman, Secretary, Commission, dated October 23, 2019 (relating to Forty-Sixth Amendment to the UTP Plan adding LTSE as a participant). VerDate Sep<11>2014 18:19 Feb 10, 2020 Jkt 250001 a copy of the Plan currently in effect, with the only change being the addition of its name in Section II(A) of the Plan, and has provided a copy of the Plan executed by LTSE to each of the other Participants. LTSE has also submitted the executed Plan to the Commission. Accordingly, all of the Plan requirements for effecting an amendment to the Plan to add LTSE as a Participant have been satisfied. II. Effectiveness of the Proposed Amendment The foregoing Plan amendment has become effective pursuant to Rule 608(b)(3)(iii) 7 because it involves solely technical or ministerial matters. III. Solicitation of Comments Interested persons are invited to submit written data, views and arguments concerning the foregoing, including whether the amendment is consistent with the Act. Comments may be submitted by any of the following methods: Electronic Comments • Use the Commission’s internet comment form (https://www.sec.gov/ rules/sro.shtml); or • Send an email to rule-comments@ sec.gov. Please include File Number 4– 631 on the subject line. Paper Comments • Send paper comments in triplicate to Secretary, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549–1090. All submissions should refer to File Number 4–631. This file number should be included on the subject line if email is used. To help the Commission process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission’s internet website (https://www.sec.gov/rules/ sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the proposed plan amendment that are filed with the Commission, and all written communications relating to the proposed plan amendment between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for website viewing and printing in the Commission’s Public Reference Room, 100 F Street NE, Washington, DC 20549–1090 on official business days between the hours of 10:00 a.m. and 3:00 p.m. Copies of the 7 17 PO 00000 CFR 242.608(b)(3)(iii). Frm 00094 Fmt 4703 Sfmt 4703 filing also will be available for inspection and copying at the principal office of the Exchange. All comments received will be posted without change. Persons submitting comments are cautioned that we do not redact or edit personal identifying information from comment submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number 4–631and should be submitted on or before March 3, 2020. By the Commission. J. Matthew DeLesDernier, Assistant Secretary. [FR Doc. 2020–02633 Filed 2–10–20; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–88131; File No. SR– NYSEAMER–2019–38] Self-Regulatory Organizations; NYSE American LLC; Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, To Allow Certain Flexible Equity Options To Be Cash Settled February 5, 2020. I. Introduction On October 17, 2019, NYSE American LLC (‘‘NYSE American’’ or ‘‘Exchange’’) 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 Rules 903G and 906G to allow certain Flexible Exchange (‘‘FLEX’’) Equity Options to be cash settled.3 The proposal, as modified by Amendment No. 1, would allow FLEX Equity Options to be cash settled where the underlying security is an ExchangeTraded Fund (‘‘ETF’’) that meets prescribed criteria (‘‘FLEX ETF Option’’). The proposed rule change was published for comment in the Federal Register on November 7, 2019.4 On December 18, 2019, the Commission extended the time period within which to approve the proposed rule changes, disapprove the proposed rule changes, 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 For the definition of ‘‘FLEX Equity Option,’’ see infra note 7. 4 See Securities Exchange Act Release No. 87444 (November 1, 2019), 84 FR 60120 (November 7, 2019) (‘‘Notice’’). 2 17 E:\FR\FM\11FEN1.SGM 11FEN1

Agencies

[Federal Register Volume 85, Number 28 (Tuesday, February 11, 2020)]
[Notices]
[Pages 7805-7806]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-02633]


=======================================================================
-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-88122; File No. 4-631]


Joint Industry Plan; Notice of Filing and Immediate Effectiveness 
of Amendment to the Plan To Address Extraordinary Market Volatility To 
Add the Long-Term Stock Exchange LLC as a Participant

February 5, 2020.
    Pursuant to Section 11A(a)(3) of the Securities Exchange Act of 
1934 (``Act'') \1\ and Rule 608 thereunder,\2\ notice is hereby given 
that on November 20, 2019, Long-Term Stock Exchange LLC (``LTSE'' or 
``Exchange'') filed with the Securities and Exchange Commission 
(``Commission'') an amendment to the Plan to Address Extraordinary 
Market Volatility (``LULD Plan'' or ``Plan'') as a Participant.\3\ The

[[Page 7806]]

amendment adds LTSE as a Participant \4\ to the LULD Plan. The 
Commission is publishing this notice to solicit comments on the 
amendment from interested persons.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78k-1(a)(3).
    \2\ 17 CFR 242.608.
    \3\ See Letter from Howard Steinberg, General Counsel, LTSE, 
dated November 18, 2019, to Vanessa Countryman, Secretary, 
Commission. On May 6, 2012, the Commission issued an order approving 
the Plan on a pilot basis (the ``Approval Order''). See Securities 
Exchange Act Release No. 67091 (May 31, 2012), 77 FR 33498 (June 6, 
2012). The Commission approved the LULD Plan on a permanent basis on 
April 11, 2019. See Securities Exchange Act Release No. 85623, 84 FR 
16079 (April 17, 2019).
    \4\ Defined in Section I(K) of the Plan as follows: 
``Participant'' means a Party to the Plan.
---------------------------------------------------------------------------

I. Description and Purpose of the Amendment

    On May 10, 2019, the Commission issued an order granting LTSE's 
application for registration as a national securities exchange.\5\ As 
noted above, the proposed amendment adds LTSE as a Participant to the 
LULD Plan.
---------------------------------------------------------------------------

    \5\ See Securities Exchange Act Release No. 85828 (May 10, 
2019), 84 FR 21841 (May 15, 2019).
---------------------------------------------------------------------------

    Under Section II(C) of the LULD Plan, any entity registered as a 
national securities exchange or national securities association under 
the Exchange Act may become a Participant by: (1) Becoming a 
participant in the applicable Market Data Plans; (2) executing a copy 
of the Plan, as then in effect; (3) providing each then-current 
Participant with a copy of such executed Plan; and (4) effecting an 
amendment to the Plan as specified in Section III (B) of the Plan. 
Section III(B) of the LULD Plan sets forth the process for a 
prospective new Participant to effect an amendment of the Plan. 
Specifically, the LULD Plan provides that such an amendment to the Plan 
may be effected by the new national securities exchange or national 
securities association by executing a copy of the Plan as then in 
effect (with the only changes being the addition of the new 
Participant's name in Section II(A) of the Plan); and submitting such 
executed Plan to the Commission. The amendment will be effective when 
it is approved by the Commission in accordance with Rule 608 of 
Regulation NMS, or otherwise becomes effective pursuant to Rule 608 of 
Regulation NMS.
    LTSE has become a participant in the applicable Market Data 
Plans,\6\ executed a copy of the Plan currently in effect, with the 
only change being the addition of its name in Section II(A) of the 
Plan, and has provided a copy of the Plan executed by LTSE to each of 
the other Participants. LTSE has also submitted the executed Plan to 
the Commission. Accordingly, all of the Plan requirements for effecting 
an amendment to the Plan to add LTSE as a Participant have been 
satisfied.
---------------------------------------------------------------------------

    \6\ See Letter from Robert Books, Chairman, Operating Committee, 
CTA/CQ Plans, to Vanessa Countryman, Secretary, Commission, dated 
October 23, 2018 [sic]to Vanessa Countryman, Secretary, SEC, from 
Robert Books (relating to Thirty-Second Substantive Amendment to the 
Second Restatement of the CTA Plan and Twenty-Third Substantive 
Amendment to the Restated CQ Plan adding LTSE as a participant) and 
letter from Robert Books, Chairman, Operating Committee, UTP Plan, 
to Vanessa Countryman, Secretary, Commission, dated October 23, 2019 
(relating to Forty-Sixth Amendment to the UTP Plan adding LTSE as a 
participant).
---------------------------------------------------------------------------

II. Effectiveness of the Proposed Amendment

    The foregoing Plan amendment has become effective pursuant to Rule 
608(b)(3)(iii) \7\ because it involves solely technical or ministerial 
matters.
---------------------------------------------------------------------------

    \7\ 17 CFR 242.608(b)(3)(iii).
---------------------------------------------------------------------------

III. Solicitation of Comments

    Interested persons are invited to submit written data, views and 
arguments concerning the foregoing, including whether the amendment is 
consistent with the Act. Comments may be submitted by any of the 
following methods:

Electronic Comments

     Use the Commission's internet comment form (https://www.sec.gov/rules/sro.shtml); or
     Send an email to [email protected]. Please include 
File Number 4-631 on the subject line.

Paper Comments

     Send paper comments in triplicate to Secretary, Securities 
and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090.

All submissions should refer to File Number 4-631. This file number 
should be included on the subject line if email is used. To help the 
Commission process and review your comments more efficiently, please 
use only one method. The Commission will post all comments on the 
Commission's internet website (https://www.sec.gov/rules/sro.shtml). 
Copies of the submission, all subsequent amendments, all written 
statements with respect to the proposed plan amendment that are filed 
with the Commission, and all written communications relating to the 
proposed plan amendment between the Commission and any person, other 
than those that may be withheld from the public in accordance with the 
provisions of 5 U.S.C. 552, will be available for website viewing and 
printing in the Commission's Public Reference Room, 100 F Street NE, 
Washington, DC 20549-1090 on official business days between the hours 
of 10:00 a.m. and 3:00 p.m. Copies of the filing also will be available 
for inspection and copying at the principal office of the Exchange. All 
comments received will be posted without change. Persons submitting 
comments are cautioned that we do not redact or edit personal 
identifying information from comment submissions. You should submit 
only information that you wish to make available publicly. All 
submissions should refer to File Number 4-631and should be submitted on 
or before March 3, 2020.

    By the Commission.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-02633 Filed 2-10-20; 8:45 am]
BILLING CODE 8011-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.