Hearing Cancellation and Extension of Comment Period on Negotiating Objectives for a United States-Republic of Kenya Trade Agreement, 20562 [2020-07743]
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20562
Federal Register / Vol. 85, No. 71 / Monday, April 13, 2020 / Notices
the Commission finds that the proposed
rule change is consistent with Rule
17Ad–22(e)(3)(ii).
B. Consistency With Rule 17Ad–
22(e)(15)(i)–(ii)
Rule 17Ad–22(e)(15)(i) requires a
covered clearing agency to establish,
implement, maintain and enforce
written policies and procedures
reasonably designed, as applicable, to,
among other things, (i) determine the
amount of liquid net assets funded by
equity based upon its general business
risk profile and the length of time
required to achieve a recovery or orderly
wind-down, as appropriate, of its
critical operations and services if such
action is taken, and (ii) provide for
holding liquid net assets funded by
equity equal to the greater of either six
months of its current operating expenses
or the amount determined by the board
of directors to be sufficient to ensure a
recovery or orderly wind-down of
critical operations and services of the
covered clearing agency, as
contemplated by the plans established
under Rule 17Ad–22(e)(3)(ii).
As noted above, LCH SA proposes to
update its WDP with new estimated
wind-down costs, which are less than
the amount that LCH SA holds as liquid
resources corresponding to 6 months of
expenses that are the minimum required
by EMIR. The Commission believes that
by updating its WDP with this
information after its annual review
allows LCH SA to maintain procedures
reasonably designed to determine winddown costs and to ensure they remain
under the amount of capital held for
that purpose. Therefore, the
Commission believes that this aspect of
the proposed rule change is consistent
with Rule 17Ad–22(e)(15)(i).
Similarly, the Commission believes
that by updating these costs, LCH SA
would be able to assess whether it holds
liquid net assets sufficient to ensure an
orderly wind-down of critical
operations and services. Therefore, the
Commission believes that the proposed
rule change is consistent with Rule
17Ad–22(e)(15)(ii).
khammond on DSKJM1Z7X2PROD with NOTICES
IV. Conclusion
On the basis of the foregoing, the
Commission finds that the proposed
rule change is consistent with the
requirements of the Act, and in
particular, with the requirements of
Rules 17Ad–22(e)(3)(ii), 17Ad–
22(e)(15)(i) and (ii).12
12 17 CFR 240.17Ad–22(e)(3)(ii), (e)(15)(i), and
(e)(15)(ii).
VerDate Sep<11>2014
17:57 Apr 10, 2020
Jkt 250001
It is therefore ordered pursuant to
Section 19(b)(2) of the Act 13 that the
proposed rule change (SR–LCH SA–
2020–001), be, and hereby is,
approved.14
comments, please contact Yvonne
Jamison at (202) 395–3475. Direct all
other questions to Alan Treat, Deputy
Assistant U.S. Trade Representative for
Africa, at (202) 395–9514.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.15
J. Matthew DeLesDernier,
Assistant Secretary.
Edward Gresser,
Chair of the Trade Policy Staff Committee,
Office of the United States Trade
Representative.
[FR Doc. 2020–07651 Filed 4–10–20; 8:45 am]
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[FR Doc. 2020–07743 Filed 4–10–20; 8:45 am]
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OFFICE OF THE UNITED STATES
TRADE REPRESENTATIVE
[Docket Number USTR–2020–0011]
Hearing Cancellation and Extension of
Comment Period on Negotiating
Objectives for a United StatesRepublic of Kenya Trade Agreement
Office of the United States
Trade Representative.
ACTION: Cancellation of public hearing
and extended deadline to submit
comments.
AGENCY:
On March 23, 2020, the Office
of the U.S. Trade Representative (USTR)
solicited comments and announced that
the Trade Policy Staff Committee would
hold a public hearing on a proposed
U.S.-Republic of Kenya trade agreement.
Consistent with guidance issued by the
Centers for Disease Control and
Prevention concerning COVID–19,
USTR is cancelling the public hearing.
USTR is extending the deadline for
written comments.
DATES:
Hearing: The hearing scheduled for
April 28, 2020, is cancelled.
Comments: USTR is extending the
deadline for written comments until
April 28, 2020, and encourages
interested persons to file comments and
supporting documentation via
www.regulations.gov, using docket
number USTR–2020–0011. The
instructions for submission are in
sections II and III of the notice
published on March 23, 2020 (85 FR
16450). For alternatives to on-line
submissions, please contact Yvonne
Jamison at (202) 395–3475 in advance of
the deadline and before transmitting a
comment.
SUMMARY:
For
procedural questions concerning written
FOR FURTHER INFORMATION CONTACT:
13 15
U.S.C. 78s(b)(2).
approving the proposed rule change, the
Commission considered the proposal’s impact on
efficiency, competition, and capital formation. 15
U.S.C. 78c(f).
15 17 CFR 200.30–3(a)(12).
14 In
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Fmt 4703
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DEPARTMENT OF TRANSPORTATION
Federal Motor Carrier Safety
Administration
[Docket No. FMCSA–2019–0239]
Hours of Service of Drivers:
Application for Exemption; Small
Business in Transportation Coalition
Federal Motor Carrier Safety
Administration (FMCSA), DOT.
ACTION: Application for exemption; final
determination.
AGENCY:
FMCSA announces its
decision to deny the Small Business in
Transportation Coalition’s (SBTC)
request for reconsideration of its
application for exemption from the
electronic logging device (ELD) rule that
was denied by the Agency on July 17,
2019. SBTC has resubmitted its
application for exemption from the ELD
requirements for all motor carriers with
fewer than 50 employees, including, but
not limited to, one-person private and
for-hire owner-operators of commercial
motor vehicles used in interstate
commerce. SBTC believes that the
exemption would not have any adverse
impacts on operational safety as motor
carriers and drivers would remain
subject to the hours-of-service (HOS)
regulations, as well as the requirements
to maintain paper records of duty status
(RODs). FMCSA has analyzed SBTC’s
petition for reconsideration and the
public comments received and has
determined that neither the applicant
nor the commenters provided
information that would change the
Agency’s previous decision to deny the
exemption.
FOR FURTHER INFORMATION CONTACT: Ms.
La Tonya Mimms, Chief, FMCSA Driver
and Carrier Operations Division; Office
of Carrier, Driver and Vehicle Safety
Standards; Telephone: (202) 366–4325;
Email: MCPSD@dot.gov. If you have
questions on viewing or submitting
material to the docket, contact Docket
Services, telephone (202) 366–9826.
SUPPLEMENTARY INFORMATION:
SUMMARY:
E:\FR\FM\13APN1.SGM
13APN1
Agencies
[Federal Register Volume 85, Number 71 (Monday, April 13, 2020)]
[Notices]
[Page 20562]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-07743]
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OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE
[Docket Number USTR-2020-0011]
Hearing Cancellation and Extension of Comment Period on
Negotiating Objectives for a United States-Republic of Kenya Trade
Agreement
AGENCY: Office of the United States Trade Representative.
ACTION: Cancellation of public hearing and extended deadline to submit
comments.
-----------------------------------------------------------------------
SUMMARY: On March 23, 2020, the Office of the U.S. Trade Representative
(USTR) solicited comments and announced that the Trade Policy Staff
Committee would hold a public hearing on a proposed U.S.-Republic of
Kenya trade agreement. Consistent with guidance issued by the Centers
for Disease Control and Prevention concerning COVID-19, USTR is
cancelling the public hearing. USTR is extending the deadline for
written comments.
DATES:
Hearing: The hearing scheduled for April 28, 2020, is cancelled.
Comments: USTR is extending the deadline for written comments until
April 28, 2020, and encourages interested persons to file comments and
supporting documentation via www.regulations.gov, using docket number
USTR-2020-0011. The instructions for submission are in sections II and
III of the notice published on March 23, 2020 (85 FR 16450). For
alternatives to on-line submissions, please contact Yvonne Jamison at
(202) 395-3475 in advance of the deadline and before transmitting a
comment.
FOR FURTHER INFORMATION CONTACT: For procedural questions concerning
written comments, please contact Yvonne Jamison at (202) 395-3475.
Direct all other questions to Alan Treat, Deputy Assistant U.S. Trade
Representative for Africa, at (202) 395-9514.
Edward Gresser,
Chair of the Trade Policy Staff Committee, Office of the United States
Trade Representative.
[FR Doc. 2020-07743 Filed 4-10-20; 8:45 am]
BILLING CODE 3290-F0-P