New Postal Products, 34660-34661 [2020-12209]

Download as PDF 34660 Federal Register / Vol. 85, No. 109 / Friday, June 5, 2020 / Notices 415–1969), or by email at Wendy.Moore@nrc.gov or Tyesha.Bush@ nrc.gov. The NRC is holding the meetings under the authority of the Government in the Sunshine Act, 5 U.S.C. 552b. Dated: June 3, 2020. For the Nuclear Regulatory Commission. Denise L. McGovern, Policy Coordinator, Office of the Secretary. [FR Doc. 2020–12373 Filed 6–3–20; 4:15 pm] BILLING CODE 7590–01–P NUCLEAR REGULATORY COMMISSION [NRC–2020–0001] Sunshine Act Meetings Dated: June 3, 2020. For the Nuclear Regulatory Commission. Denise L. McGovern, Policy Coordinator, Office of the Secretary. Week of June 1, 2020. via Teleconference. STATUS: Open. TIME AND DATE: PLACE: lotter on DSK9F5VC42PROD with NOTICES Week of June 1, 2020 [FR Doc. 2020–12314 Filed 6–3–20; 11:15 am] Thursday, June 4, 2020 2:30 p.m. Affirmation Session (Public Meeting via Teleconference) (Tentative) Entergy Nuclear Operations, Inc., Entergy Nuclear Generation Co., Holtec International, and Holtec Decommissioning International, LLC (Pilgrim Nuclear Power Station)—Petitions for Intervention (Tentative) (Contact: Denise McGovern: 301–415–0681) Additional Information: By a vote of 4–0 on June 2, 2020, the Commission determined pursuant to U.S.C. 552b(e) and ’9.107(a) of the Commission’s rules that the above referenced Affirmation Session be held with less than one week notice to the public. The meeting is scheduled on June 4, 2020, and will be held via teleconference. Details for joining the teleconference in listen only mode can be found at https:// www.nrc.gov/pmns/mtg. CONTACT PERSON FOR MORE INFORMATION: For more information or to verify the status of meetings, contact Denise McGovern at 301–415–0681 or via email at Denise.McGovern@nrc.gov. The schedule for Commission meetings is subject to change on short notice. The NRC Commission Meeting Schedule can be found on the internet at: https://www.nrc.gov/public-involve/ public-meetings/schedule.html. The NRC provides reasonable accommodation to individuals with disabilities where appropriate. If you need a reasonable accommodation to participate in these public meetings or need this meeting notice or the transcript or other information from the VerDate Sep<11>2014 18:21 Jun 04, 2020 public meetings in another format (e.g., braille, large print), please notify Anne Silk, NRC Disability Program Specialist, at 301–287–0745, by videophone at 240–428–3217, or by email at Anne.Silk@nrc.gov. Determinations on requests for reasonable accommodation will be made on a case-by-case basis. Members of the public may request to receive this information electronically. If you would like to be added to the distribution, please contact the Nuclear Regulatory Commission, Office of the Secretary, Washington, DC 20555 (301– 415–1969), or by email at Wendy.Moore@nrc.gov or Tyesha.Bush@ nrc.gov. The NRC is holding the meetings under the authority of the Government in the Sunshine Act, 5 U.S.C. 552b. Jkt 250001 BILLING CODE 7590–01–P POSTAL REGULATORY COMMISSION [Docket Nos. MC2020–147 and CP2020–158] 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: June 9, 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. SUMMARY: 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), 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) I. Introduction 1. Docket No(s).: MC2020–147 and CP2020–158; Filing Title: USPS Request to Add Priority Mail Express, Priority Mail, First-Class Package Service & Parcel Select Contract 5 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: June 1, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 et seq., and 39 CFR 3035.105; Public Representative: Kenneth R. Moeller; Comments Due: June 9, 2020. The Commission gives notice that the Postal Service filed request(s) for the Commission to consider matters related to negotiated service agreement(s). The 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). FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: Table of Contents I. Introduction II. Docketed Proceeding(s) PO 00000 Frm 00072 Fmt 4703 Sfmt 4703 E:\FR\FM\05JNN1.SGM 05JNN1 Federal Register / Vol. 85, No. 109 / Friday, June 5, 2020 / Notices This Notice will be published in the Federal Register. Erica A. Barker, Secretary. [FR Doc. 2020–12209 Filed 6–4–20; 8:45 am] BILLING CODE 7710–FW–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–88986; File No. SR–MSRB– 2020–03] Self-Regulatory Organizations; Municipal Securities Rulemaking Board; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Waive MSRB Market Activity Fees Related to Transactions With the Municipal Liquidity Facility Established by the Board of Governors of the Federal Reserve System June 1, 2020. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’ or ‘‘Exchange Act’’) 1 and Rule 19b–4 thereunder,2 notice is hereby given that on May 28, 2020 the Municipal Securities Rulemaking Board (‘‘MSRB’’) filed with the Securities and Exchange Commission (‘‘SEC’’ or ‘‘Commission’’) the proposed rule change as described in Items I, II, and III below, which Items have been prepared by the MSRB. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. lotter on DSK9F5VC42PROD with NOTICES I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The MSRB filed with the Commission a proposed rule change consisting of a proposed amendment to MSRB Rule A– 13 regarding underwriting and transaction assessments for brokers, dealers and municipal securities dealers (collectively ‘‘dealers’’) to waive certain underwriting, transaction and technology assessments (‘‘market activity fees’’) related to transactions with the Municipal Liquidity Facility (‘‘Facility’’ or ‘‘MLF’’) established by the Board of Governors of the Federal Reserve System (‘‘Federal Reserve’’) (the ‘‘proposed rule change’’) as described below. The MSRB has designated the proposed rule change as ‘‘establishing or changing a due, fee, or other charge’’ under Section 19(b)(3)(A)(ii) of the Act 3 and Rule 19b–4(f)(2) 4 thereunder, 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 15 U.S.C. 78s(b)(3)(A)(ii). 4 17 CFR 240.19b–4(f)(2). 2 17 VerDate Sep<11>2014 18:21 Jun 04, 2020 Jkt 250001 which renders the proposal effective upon filing with the Commission. The text of the proposed rule change is available on the MSRB’s website at www.msrb.org/Rules-andInterpretations/SEC-Filings/2020Filings.aspx, at the MSRB’s principal office, and at the Commission’s Public Reference Room. 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 MSRB 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 MSRB 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 MSRB is closely monitoring the impact of the coronavirus disease (‘‘COVID–19’’) pandemic on the municipal market and municipal market participants, including issuers, investors, dealers and municipal advisors.5 The Federal Reserve, noting that ‘‘[t]he municipal securities market is an important part of the financial system, which helps provide states, cities, and counties (and their political subdivisions and other governmental entities) with the funding needed to provide essential public services to their citizens,’’ 6 established the MLF, which has been authorized under Section 13(3) of the Federal Reserve Act.7 ‘‘The immediate purpose of the MLF is to enhance the liquidity of the primary short-term municipal securities market through the purchase at issuance of Tax Anticipation Notes (‘‘TANs’’), Tax and Revenue Anticipation Notes (‘‘TRANs’’), Bond Anticipation Notes (‘‘BANs’’), and similar short-term notes’’ (collectively, ‘‘Eligible Notes’’).8 5 Wall Street Journal: How the Muni Market Became the Epicenter of the Liquidity Crisis (April 2, 2020) https://www.wsj.com/articles/how-themuni-market-became-the-epicenter-of-the-liquiditycrisis-11585823404. 6 Federal Reserve Bank of New York, FAQs: Municipal Liquidity Facility (‘‘Fed FAQs’’) https:// www.newyorkfed.org/markets/municipal-liquidityfacility/municipal-liquidity-facility-faq. 7 12 U.S.C. 343 (1932). 8 Fed FAQs. PO 00000 Frm 00073 Fmt 4703 Sfmt 4703 34661 The MSRB continues to monitor announcements by the Federal Reserve to understand how the Facility will operate in conjunction with MSRB rules.9 The Facility intends to provide a liquidity backstop to certain issuers through a special purpose vehicle (‘‘SPV’’). The SPV may purchase certain Eligible Notes through a direct sale to the SPV or, if there is a competitive sale process, the SPV generally will not submit a bid in the competitive sale process, but instead may agree to purchase such municipal securities that are not awarded to other bidders.10 Based on the information currently available regarding the operation of the MLF, the MSRB believes that the MLF would be a customer for purposes of Rule A–13 and, therefore, the underwriting, transaction and technology assessments under Rule A– 13 would be applicable to dealers’ transactions with the MLF. The MSRB recognizes that dealers are experiencing operational challenges coupled with unprecedented conditions in the municipal market due to the COVID–19 pandemic.11 The MSRB is proposing to waive these market activity fees for transactions conducted with the MLF. Specifically, the MSRB is proposing to provide a temporary waiver to dealers for the assessment of the: • Underwriting fee in the amount .00275% ($.0275 per $1,000) of the par value pursuant to Rule A–13(c)(i) on the par amount of the primary offering that is purchased by or on behalf of the MLF; • Transaction fee on sales to the MLF in the amount equal to .001% ($.01 per $1,000) of the total par value of sales to customers that it reports to the Board under MSRB Rule G–14(b), on reports of sales and purchases, pursuant to Rule A–13(d)(ii); and • Technology fee of $1.00 per transaction for sales to the MLF that it reports to the Board under Rule G–14(b), pursuant to Rule A–13(d)(iv)(b). The MSRB intends the waiver to be temporary and to expire at the same time as the MLF. The MLF is currently scheduled to cease purchasing Eligible Notes on December 31, 2020, unless the Federal Reserve Board of Governors and the Treasury Department extend the program.12 The MSRB will waive the market activity fees assessed on 9 See e.g., Federal Reserve Bank of New York, Term Sheet regarding the Facility (May 11, 2020) (‘‘Fed Term Sheet’’) https://www.federalreserve.gov/ newsevents/pressreleases/files/monetary 20200511a1.pdf. 10 See Fed FAQs. 11 Supra note 5. 12 The Federal Reserve Bank will continue to fund the SPV after such date until the SPV’s underlying assets mature or are sold. See Fed Term Sheet. E:\FR\FM\05JNN1.SGM 05JNN1

Agencies

[Federal Register Volume 85, Number 109 (Friday, June 5, 2020)]
[Notices]
[Pages 34660-34661]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-12209]


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POSTAL REGULATORY COMMISSION

[Docket Nos. MC2020-147 and CP2020-158]


New Postal Products

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: 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: June 9, 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\
---------------------------------------------------------------------------

    \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).
---------------------------------------------------------------------------

    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 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).: MC2020-147 and CP2020-158; Filing Title: USPS 
Request to Add Priority Mail Express, Priority Mail, First-Class 
Package Service & Parcel Select Contract 5 to Competitive Product List 
and Notice of Filing Materials Under Seal; Filing Acceptance Date: June 
1, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 et seq., and 
39 CFR 3035.105; Public Representative: Kenneth R. Moeller; Comments 
Due: June 9, 2020.

[[Page 34661]]

    This Notice will be published in the Federal Register.

Erica A. Barker,
Secretary.
[FR Doc. 2020-12209 Filed 6-4-20; 8:45 am]
 BILLING CODE 7710-FW-P
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