Board of Governors; Sunshine Act Meeting, 25481-25482 [2020-09402]

Download as PDF Federal Register / Vol. 85, No. 85 / Friday, May 1, 2020 / Notices 7. The estimated number of annual responses: 1,645 responses. 8. The estimated number of annual respondents: 233 respondents. 9. The estimated number of hours needed annually to comply with the information collection requirement or request: 467 hours (111.5 hours for initial submissions + 355.5 for changes + 0 hours for clarifications). 10. Abstract: Any Agreement State licensee who engages in the use of radioactive material in Non-Agreement States, areas of exclusive Federal jurisdiction, or offshore waters, under the general license in 10 CFR 150.20, is required to file, with the NRC Regional Administrator for the Region which the Agreement State that issues the license is located, a copy of NRC Form 241, Report of Proposed Activities in NonAgreement State specific license, and the appropriate fee as prescribed in 10 CFR 170.31 at least 3 days before engaging in such activity. This mandatory notification permits the NRC to schedule inspections of the activities to determine whether the activities are being conducted in accordance with requirements for protection of the public health and safety. III. Specific Requests for Comments The NRC is seeking comments that address the following questions: 1. Is the proposed collection of information necessary for the NRC to properly perform its functions? Does the information have practical utility? 2. Is the estimate of the burden of the information collection accurate? 3. Is there a way to enhance the quality, utility, and clarity of the information to be collected? 4. How can the burden of the information collection on respondents be minimized, including the use of automated collection techniques or other forms of information technology? Dated: April 28, 2020. For the Nuclear Regulatory Commission. David C. Cullison, NRC Clearance Officer, Office of the Chief Information Officer. [FR Doc. 2020–09324 Filed 4–30–20; 8:45 am] BILLING CODE 7590–01–P POSTAL REGULATORY COMMISSION [Docket No. CP2019–176] New Postal Product Postal Regulatory Commission. Notice. AGENCY: ACTION: The Commission is noticing a recent Postal Service filing for the SUMMARY: VerDate Sep<11>2014 08:07 May 01, 2020 Jkt 250001 Commission’s consideration concerning a negotiated service agreement. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: May 5, 2020. 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. 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 with the requirements of 39 CFR 3011.301.1 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). PO 00000 Frm 00099 Fmt 4703 Sfmt 4703 25481 applicable statutory and regulatory requirements include 39 U.S.C. 3622, 39 U.S.C. 3642, 39 CFR part 3030, and 39 CFR part 3040, 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 3035, and 39 CFR part 3040, subpart B. Comment deadline(s) for each request appear in section II. II. Docketed Proceeding(s) 1. Docket No(s).: CP2019–176; Filing Title: Notice of the United States Postal Service of Filing Modification One to a Global Expedited Package Services 11 Negotiated Service Agreement; Filing Acceptance Date: April 27, 2020; Filing Authority: 39 CFR 3035.105; Public Representative: Christopher C. Mohr; Comments Due: May 5, 2020. This Notice will be published in the Federal Register. Erica A. Barker, Secretary. [FR Doc. 2020–09339 Filed 4–30–20; 8:45 am] BILLING CODE 7710–FW–P POSTAL SERVICE Board of Governors; Sunshine Act Meeting Thursday, May 7, 2020, at 11:00 a.m.; and Friday, May 8, 2020, at 9:00 a.m. PLACE: Washington, DC, at U.S. Postal Service Headquarters, 475 L’Enfant Plaza SW, in the Benjamin Franklin Room. STATUS: Thursday, May 7, 2020, at 11:00 a.m.—Closed. Friday, May 8, 2020, at 9:00 a.m.—Open. MATTERS TO BE CONSIDERED: DATES AND TIMES: Thursday, May 7, 2020, at 11:00 a.m. (Closed) 1. Strategic Issues. 2. Financial and Operational Matters. 3. Administrative Items. Friday, May 8, 2020, at 9:00 a.m. (Open) 1. Remarks of the Chairman of the Board of Governors. 2. Remarks of the Postmaster General and CEO. 3. Approval of Minutes of Previous Meetings. 4. Committee Reports. 5. Quarterly Financial Report. 6. Quarterly Service Performance Report. 7. Approval of Tentative Agenda for August Meetings. E:\FR\FM\01MYN1.SGM 01MYN1 25482 Federal Register / Vol. 85, No. 85 / Friday, May 1, 2020 / Notices CONTACT PERSON FOR MORE INFORMATION: Michael J. Elston, Secretary of the Board, U.S. Postal Service, 475 L’Enfant Plaza, SW, Washington, DC 20260– 1000. Telephone: (202) 268–4800. Michael J. Elston, Secretary. [FR Doc. 2020–09402 Filed 4–29–20; 11:15 am] BILLING CODE 7710–12–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–88757; File No. SR– NYSEAMER–2020–33] Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule 928NY Relating to the Risk Limitation Mechanism April 27, 2020. Pursuant to Section 19(b)(1) 1 of the Securities Exchange Act of 1934 (the ‘‘Act’’) 2 and Rule 19b–4 thereunder,3 notice is hereby given that on April 17, 2020, NYSE American LLC (‘‘NYSE American’’ or the ‘‘Exchange’’) filed with the Securities and Exchange Commission (the ‘‘Commission’’) the proposed rule change as described in Items I and II below, which Items have been prepared by the self-regulatory organization. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to amend Rule 928NY (Risk Limitation Mechanism) to reflect modifications to the operation of the trade and trigger counters as well as the applicable time periods for determining if a risk setting is triggered in the event of a trading halt or for transactions at the open in regards to the Risk Limitation Mechanism. The Exchange also proposes to relocate certain text from Rule 928NY to Rule 970NY (Firm Quotes). The proposed rule change is available on the Exchange’s website at www.nyse.com, at the principal office of the Exchange, and at the Commission’s Public Reference Room. 1 15 U.S.C. 78s(b)(1). 2 15 U.S.C. 78a. 3 17 CFR 240.19b–4. VerDate Sep<11>2014 08:07 May 01, 2020 Jkt 250001 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 those statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant parts of such statements. A. Self-Regulatory Organization’s Statement of the Purpose of, and the Statutory Basis for, the Proposed Rule Change 1. Purpose The Exchange proposes to amend Rule 928NY (Risk Limitation Mechanism) (the ‘‘Rule’’) to reflect modifications to the operation of the trade and trigger counters as well as the applicable time periods for determining if a risk setting is triggered in the event of a trading halt or for transactions at the open in regards to the Risk Limitation Mechanism. The Exchange also proposes to relocate certain text from Rule 928NY to Rule 970NY (Firm Quotes). Risk Limitation Mechanism Rule 928NY sets forth the risklimitation mechanism (the ‘‘Mechanism’’), which is designed to help Market Makers and ATP Holders (collectively ‘‘ATP Holders’’ for the purpose of this filing) better manage risk related to quoting and submitting orders during periods of increased and significant trading activity.4 Specifically, the Mechanism calculates for quotes and orders, respectively: The number of trades executed by the Market Maker or ATP Holder in a particular options class; the volume of contracts traded by the Market Maker or ATP Holder in a particular options class; or the aggregate percentage of the 4 Market Makers are included in the definition of ATP Holders and therefore, unless the Exchange is discussing the quoting activity of Market Makers, the Exchange does not distinguish Market Makers from ATP Holders when discussing the risk limitation mechanisms. See Rule 900.2NY(5) (defining ATP Holder as ‘‘a natural person, sole proprietorship, partnership, corporation, limited liability company or other organization, in good standing, that has been issued an ATP,’’ and requires that ‘‘[a]n ATP Holder must be a registered broker or dealer pursuant to Section 15 of the Securities Exchange Act of 1934’’). See also Rule 900.2NY(38) (providing that a Market Maker is ‘‘an ATP Holder that acts as a Market Maker pursuant to Rule 920NY’’). PO 00000 Frm 00100 Fmt 4703 Sfmt 4703 Market Maker’s quoted size or ATP Holder’s order size(s) executed in a particular options class.5 To determine whether the Mechanism is triggered (i.e., the risk setting breached), the Exchange maintains separate trade counters that are incremented every time a trade is executed; that aggregate the number of contracts traded during each such execution; and that calculate applicable percentages depending on the risk setting at issue.6 A breach of the Mechanism occurs if the number of increments to the trade counter, within a time period specified by the Exchange, exceeds the threshold set by the ATP Holder. Under the current Rule, the applicable time period will not be less than 100 milliseconds.7 Proposed Clarification to Time Period for Triggering of Risk Limitation Mechanism Currently, the timer elapses at the conclusion of the time period specified by the Exchange, unless a breach occurs sooner than the timer expiration. The Exchange proposes to modify this functionality such that the time period is rolling (as opposed to static) and is activated each time a trade counter is incremented such that the Exchange ‘‘looks back’’ at other trades that occurred within the time period specified by the Exchange to see if a breach has occurred (See examples at the end of this section). The Exchange believes this modification will enhance the operation of the timer—and hence the risk protection. The Exchange proposes to modify the Rule to ensure that it is consistent with this proposed functionality change. First, the Exchange proposes to modify the Rule regarding the applicable time period during which the increments of the trade counters are tallied, including, to account for the occurrence of trading halts or transactions occurring at the open of trading in a series. Specifically, the Exchange proposes to modify Commentary .03 to Rule 928NY to provide that the minimum time period determined by the Exchange would be ‘‘inclusive of the duration of any trading halt occurring within that time’’; however, ‘‘[f]or transactions occurring at the open per Rule 952NY, the applicable time period is the lesser of (i) the time between the opening of a series and the initial transaction or (ii) the time period 5 See Rule 928NY(b)–(d) (setting forth the three risk limitation mechanisms available). 6 See Rule 928NY(a). 7 See Commentary .03 to Rule 928NY. E:\FR\FM\01MYN1.SGM 01MYN1

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[Federal Register Volume 85, Number 85 (Friday, May 1, 2020)]
[Notices]
[Pages 25481-25482]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-09402]


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POSTAL SERVICE


Board of Governors; Sunshine Act Meeting

DATES AND TIMES: Thursday, May 7, 2020, at 11:00 a.m.; and Friday, May 
8, 2020, at 9:00 a.m.

PLACE: Washington, DC, at U.S. Postal Service Headquarters, 475 
L'Enfant Plaza SW, in the Benjamin Franklin Room.

STATUS: Thursday, May 7, 2020, at 11:00 a.m.--Closed. Friday, May 8, 
2020, at 9:00 a.m.--Open.

MATTERS TO BE CONSIDERED: 

Thursday, May 7, 2020, at 11:00 a.m. (Closed)

    1. Strategic Issues.
    2. Financial and Operational Matters.
    3. Administrative Items.

Friday, May 8, 2020, at 9:00 a.m. (Open)

    1. Remarks of the Chairman of the Board of Governors.
    2. Remarks of the Postmaster General and CEO.
    3. Approval of Minutes of Previous Meetings.
    4. Committee Reports.
    5. Quarterly Financial Report.
    6. Quarterly Service Performance Report.
    7. Approval of Tentative Agenda for August Meetings.

[[Page 25482]]


CONTACT PERSON FOR MORE INFORMATION: Michael J. Elston, Secretary of 
the Board, U.S. Postal Service, 475 L'Enfant Plaza, SW, Washington, DC 
20260-1000. Telephone: (202) 268-4800.

Michael J. Elston,
Secretary.
[FR Doc. 2020-09402 Filed 4-29-20; 11:15 am]
BILLING CODE 7710-12-P

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