New Postal Products, 35445-35446 [2020-12558]

Download as PDF Federal Register / Vol. 85, No. 112 / Wednesday, June 10, 2020 / Notices (b)(2) and (4) permit closure of the following portion(s) of this meeting: • Executive Session Agenda I. CALL TO ORDER II. Executive Session: Executive Compensation Review III. Executive Session: Report from CEO IV. Executive Session: Report of CFO V. Action Item Approval of Minutes VI. Action Item Board Elections VII. Action Item Grants to Capital Corps VIII. Action Item Revising the Fundraising Policy to Reflect the December 2019 Board Resolution IX. Discussion Item Capital Corporations Master Investment Agreement Renewal X. Discussion Item Annual Ethics Review XI. Discussion Item Annual Review of Governance Operations Guide XII. Management Program Background and Updates XIII. Adjournment CONTACT PERSON FOR MORE INFORMATION: Lakeyia Thompson, Special Assistant, (202) 524–9940; Lthompson@nw.org. Lakeyia Thompson, Special Assistant. [FR Doc. 2020–12611 Filed 6–8–20; 11:15 am] BILLING CODE 7570–02–P PENSION BENEFIT GUARANTY CORPORATION Submission of Information Collections for OMB Review; Comment Request; Liability for Termination of SingleEmployer Plans Pension Benefit Guaranty Corporation. ACTION: Notice of request for extension of OMB approval of collection of information. AGENCY: The Pension Benefit Guaranty Corporation (PBGC) is requesting that the Office of Management and Budget (OMB) extend approval, under the Paperwork Reduction Act, of a collection of information contained in its regulation on Liability for Termination of Single-Employer Plans (OMB control number 1212–0017; expires August 31, 2020). This notice informs the public of PBGC’s request and solicits public comment on the collection of information. DATES: Comments must be submitted by July 10, 2020. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this jbell on DSKJLSW7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 17:06 Jun 09, 2020 Jkt 250001 notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. A copy of the request will be posted on PBGC’s website at https:// www.pbgc.gov/prac/laws-andregulation/federal-register-notices-openfor-comment. It may also be obtained by writing to Disclosure Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005–4026, or calling 202–326–4040 during normal business hours. TTY users may call the Federal Relay Service toll-free at 800– 877–8339 and ask to be connected to 202–326–4040. FOR FURTHER INFORMATION CONTACT: Melissa Rifkin (rifkin.melissa@ pbgc.gov), Attorney, Regulatory Affairs Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington DC 20005–4026; 202–229–6563. (TTY users may call the Federal Relay Service tollfree at 800–877–8339 and ask to be connected to 202–229–6563.) SUPPLEMENTARY INFORMATION: Section 4062 of the Employee Retirement Income Security Act of 1974, as amended, provides that the contributing sponsor of a single-employer pension plan and members of the sponsor’s controlled group (‘‘the employer’’) incur liability (‘‘employer liability’’) if the plan terminates with assets insufficient to pay benefit liabilities under the plan. PBGC’s statutory lien for employer liability and the payment terms for employer liability are affected by whether and to what extent employer liability exceeds 30 percent of the employer’s net worth. Section 4062.6 of PBGC’s employer liability regulation (29 CFR part 4062) requires a contributing sponsor or member of the contributing sponsor’s controlled group that believes employer liability upon plan termination exceeds 30 percent of the employer’s net worth to so notify PBGC and submit net worth information to PBGC. This information is necessary to enable PBGC to determine whether and to what extent employer liability exceeds 30 percent of the employer’s net worth. The collection of information under the regulation has been approved by OMB under control number 1212–0017 (expires August 31, 2020). On March 10, 2020, PBGC published in the Federal Register (at 85 FR 13953) a notice informing the public of its intent to request an extension of this collection of information without modification. PO 00000 Frm 00034 Fmt 4703 Sfmt 4703 35445 PBGC received a comment from one member of the public. The commenter suggested that PBGC require additional net worth information. After consideration of this comment, PBGC determined that the regulation already requires the submission of the information that the commenter suggested and that no change is needed. The comment and PBGC’s rationale for its decision are discussed in the supporting statement submitted to OMB for this information collection. PBGC is requesting that OMB extend its approval for another three years. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB control number. PBGC estimates that an average of 29 contributing sponsors or controlled group members per year will respond to this collection of information. PBGC further estimates that the average annual burden of this collection of information will be 12 hours and $5,400 per respondent, with an average total annual burden of 348 hours and $156,600. Issued in Washington, DC, by: Hilary Duke, Assistant General Counsel for Regulatory Affairs, Pension Benefit Guaranty Corporation. [FR Doc. 2020–12510 Filed 6–9–20; 8:45 am] BILLING CODE 7709–02–P POSTAL REGULATORY COMMISSION [Docket Nos. MC2020–152 and CP2020–163; MC2020–153 and CP2020–164; MC2020–154 and CP2020–165] 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 12, 2020. SUMMARY: 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. ADDRESSES: E:\FR\FM\10JNN1.SGM 10JNN1 35446 Federal Register / Vol. 85, No. 112 / Wednesday, June 10, 2020 / Notices FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: Table of Contents I. Introduction II. Docketed Proceeding(s) jbell on DSKJLSW7X2PROD 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 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) 1. Docket No(s).: MC2020–152 and CP2020–163; Filing Title: USPS Request 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 17:06 Jun 09, 2020 Jkt 250001 to Add Priority Mail Contract 627 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: June 4, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 et seq., and 39 CFR 3035.105; Public Representative: Christopher C. Mohr; Comments Due: June 12, 2020. 2. Docket No(s).: MC2020–153 and CP2020–164; Filing Title: USPS Request to Add Priority Mail Express & Priority Mail Contract 114 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: June 4, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 et seq., and 39 CFR 3035.105; Public Representative: Christopher C. Mohr; Comments Due: June 12, 2020. 3. Docket No(s).: MC2020–154 and CP2020–165; Filing Title: USPS Request to Add Priority Mail & First-Class Package Service Contract 149 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: June 4, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 et seq., and 39 CFR 3035.105; Public Representative: Christopher C. Mohr; Comments Due: June 12, 2020. This Notice will be published in the Federal Register. Erica A. Barker, Secretary. [FR Doc. 2020–12558 Filed 6–9–20; 8:45 am] BILLING CODE 7710–FW–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–89014; File No. SR–OCC– 2020–003] Self-Regulatory Organizations; The Options Clearing Corporation; Order Approving Proposed Rule Change Related to Proposed Changes to The Options Clearing Corporation’s Framework for Liquidity Risk Management June 4, 2020. I. Introduction On April 6, 2020, the Options Clearing Corporation (‘‘OCC’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change SR–OCC–2020– 003 (‘‘Proposed Rule Change’’) pursuant to Section 19(b) of the Securities Exchange Act of 1934 (‘‘Exchange Act’’) 1 and Rule 19b–4 2 thereunder to adopt a written framework establishing OCC’s approach to managing liquidity 1 15 2 17 PO 00000 U.S.C. 78s(b)(1). CFR 240.19b–4. Frm 00035 Fmt 4703 Sfmt 4703 risk.3 The Proposed Rule Change was published for public comment in the Federal Register on April 24, 2020.4 The Commission has received no comments regarding the Proposed Rule Change.5 This order approves the Proposed Rule Change. II. Background As noted above, OCC proposes to adopt a written framework establishing OCC’s approach to managing liquidity risk. This written framework, the Liquidity Risk Management Framework (‘‘LRMF’’), sets forth a comprehensive overview of OCC’s liquidity risk management practices and governs OCC’s policies and procedures as they relate to liquidity risk management. In connection with implementing the proposed LRMF, OCC proposes to make revisions to its current rules regarding how OCC (1) maintains sufficient liquidity resources to meet its settlement obligations; (2) addresses foreseeable liquidity shortfalls not covered by OCC’s liquidity resources; (3) replenishes any of OCC’s resources employed during a stress event; (4) undertakes due diligence of OCC’s liquidity providers; and (5) requires each Clearing Member to have procedures to ensure operational capacity to meet its obligations arising from participation in OCC. OCC proposes to make conforming changes throughout its rules to effect the substance of the changes described below. Such changes would be made to OCC’s Clearing Fund and Stress Testing Methodology (‘‘Methodology Description’’), Risk Management Framework Policy, Clearing Fund Methodology Policy, Collateral Risk Management Policy, Counterparty Credit Risk Management Policy (‘‘CCRM Policy’’), and Default Management Policy. 3 See Notice of Filing infra note 4, at 85 FR 23095. Exchange Act Release No. 88690 (Apr. 20, 2020), 85 FR 23095 (Apr. 24, 2020) (File No. SR–OCC–2020–003) (‘‘Notice of Filing’’). OCC also filed a related advance notice (SR–OCC–2020– 802) (‘‘Advance Notice’’) with the Commission pursuant to Section 806(e)(1) of Title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act, entitled the Payment, Clearing, and Settlement Supervision Act of 2010 and Rule 19b– 4(n)(1)(i) under the Exchange Act. 12 U.S.C. 5465(e)(1). 15 U.S.C. 78s(b)(1) and 17 CFR 240.19b–4, respectively. The Advance Notice was published in the Federal Register on May 8, 2020. Securities Exchange Act Release No. 88792 (May 1, 2020), 85 FR 27470 (May 8, 2020) (File No. SR– OCC–2020–802). 5 Since the proposal contained in the Proposed Rule Change was also filed as an advance notice, all public comments received on the proposal are considered regardless of whether the comments are submitted on the Proposed Rule Change or Advance Notice. 4 Securities E:\FR\FM\10JNN1.SGM 10JNN1

Agencies

[Federal Register Volume 85, Number 112 (Wednesday, June 10, 2020)]
[Notices]
[Pages 35445-35446]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-12558]


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POSTAL REGULATORY COMMISSION

[Docket Nos. MC2020-152 and CP2020-163; MC2020-153 and CP2020-164; 
MC2020-154 and CP2020-165]


New Postal Products

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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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 12, 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.

[[Page 35446]]


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\
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    \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).
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    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).: MC2020-152 and CP2020-163; Filing Title: USPS 
Request to Add Priority Mail Contract 627 to Competitive Product List 
and Notice of Filing Materials Under Seal; Filing Acceptance Date: June 
4, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 et seq., and 
39 CFR 3035.105; Public Representative: Christopher C. Mohr; Comments 
Due: June 12, 2020.
    2. Docket No(s).: MC2020-153 and CP2020-164; Filing Title: USPS 
Request to Add Priority Mail Express & Priority Mail Contract 114 to 
Competitive Product List and Notice of Filing Materials Under Seal; 
Filing Acceptance Date: June 4, 2020; Filing Authority: 39 U.S.C. 3642, 
39 CFR 3040.130 et seq., and 39 CFR 3035.105; Public Representative: 
Christopher C. Mohr; Comments Due: June 12, 2020.
    3. Docket No(s).: MC2020-154 and CP2020-165; Filing Title: USPS 
Request to Add Priority Mail & First-Class Package Service Contract 149 
to Competitive Product List and Notice of Filing Materials Under Seal; 
Filing Acceptance Date: June 4, 2020; Filing Authority: 39 U.S.C. 3642, 
39 CFR 3040.130 et seq., and 39 CFR 3035.105; Public Representative: 
Christopher C. Mohr; Comments Due: June 12, 2020.
    This Notice will be published in the Federal Register.

Erica A. Barker,
Secretary.
[FR Doc. 2020-12558 Filed 6-9-20; 8:45 am]
BILLING CODE 7710-FW-P
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