International Product Change-Priority Mail Express International, Priority Mail International, First-Class Package International Service & Commercial ePacket Agreement: Postal ServiceTM, 45709 [2020-16439]

Download as PDF Federal Register / Vol. 85, No. 146 / Wednesday, July 29, 2020 / Notices Plaza SW, Washington, DC 20260–1000. Telephone: (202) 268–4800. Michael J. Elston, Secretary. [FR Doc. 2020–16502 Filed 7–27–20; 11:15 am] BILLING CODE 7710–12–P POSTAL SERVICE International Product Change—Priority Mail Express International, Priority Mail International, First-Class Package International Service & Commercial ePacket Agreement: Postal ServiceTM ACTION: Notice. The Postal Service gives notice of filing a request with the Postal Regulatory Commission to add a Priority Mail Express International, Priority Mail International, First-Class Package International Service & Commercial ePacket contract to the list of Negotiated Service Agreements in the Competitive Product List in the Mail Classification Schedule. SUMMARY: DATES: Date of notice: July 29, 2020. FOR FURTHER INFORMATION CONTACT: ‘‘Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on July 17, 2020, Cboe Exchange, Inc. (the ‘‘Exchange’’ or ‘‘Cboe Options’’) 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 Exchange. The Exchange filed the proposal as a ‘‘noncontroversial’’ proposed rule change pursuant to Section 19(b)(3)(A)(iii) of the Act 3 and Rule 19b–4(f)(6) thereunder.4 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 Cboe Exchange, Inc. (the ‘‘Exchange’’ or ‘‘Cboe Options’’) proposes to amend Rule 6.7. The text of the proposed rule change is provided below. (additions are italicized; deletions are [bracketed]) * * * * * Rules of Cboe Exchange, Inc. * * * * * Christopher C. Meyerson, (202) 268– 7820. Rule 6.7. Off-Floor Transfers of Positions The United States Postal Service® hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on July 23, 2020, it filed with the Postal Regulatory Commission a USPS Request to Add Priority Mail Express International, Priority Mail International, First-Class Package International Service & Commercial ePacket Contract 7 to Competitive Product List. Documents are available at www.prc.gov, Docket Nos. MC2020–203 and CP2020–230. (a)–(c) No change. (d) Prior Written Notice. A Trading Permit Holder(s) and its Clearing Trading Permit Holder(s) (to the extent that the Trading Permit Holder is not self-clearing) must submit to the Exchange, in a manner determined by the Exchange, written notice prior to effecting an off-floor transfer from or to the account(s) of a Trading Permit Holder(s), except that notification is not required for transfers [to correct errors]effected pursuant to subparagraph (a)(1) or (a)(2) of this Rule. (1) The notice must indicate (A) the Exchange-listed options positions to be transferred, (B) the nature of the transaction, (C) the enumerated provision(s) under paragraph (a) pursuant to which the positions are being transferred, (D) the name of the counterparty(ies), (E) the anticipated transfer date, (F) the method for determining the transfer price under paragraph [(d) below](c) above, and (G) any other information requested by the Exchange. * * * * * (g) Routine, Recurring Transfers. The off-floor transfer procedure set forth in SUPPLEMENTARY INFORMATION: Joshua J. Hofer, Attorney, Federal Compliance. [FR Doc. 2020–16439 Filed 7–28–20; 8:45 am] BILLING CODE 7710–12–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–89389; File No. SR–CBOE– 2020–067] Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 6.7 Concerning Off-Floor Transfers 1 15 U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 3 15 U.S.C. 78s(b)(3)(A)(iii). 4 17 CFR 240.19b–4(f)(6). July 23, 2020. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (the VerDate Sep<11>2014 17:23 Jul 28, 2020 Jkt 250001 PO 00000 Frm 00136 Fmt 4703 Sfmt 4703 45709 this Rule is intended to facilitate nonroutine, non-recurring movements of positions[. The off-floor transfer procedure] and is not to be used repeatedly or routinely[ in circumvention of the normal auction market process], except for transfers between accounts of the same Person pursuant to subparagraph (a)(2). The off-floor transfer procedure may not be used in circumvention of the normal auction process. * * * * * The text of the proposed rule change is also available on the Exchange’s website (https://www.cboe.com/ AboutCBOE/ CBOELegalRegulatoryHome.aspx), at the Exchange’s Office of the Secretary, 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 Exchange 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 Exchange 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 Rule 6.7 describes exceptions to the prohibition against off-floor transactions set forth in Rule 5.12, subject to certain conditions. The exception in Rule 6.7(a)(2) provides that off-floor transfers of positions are permissible if from one account to another account where no change in ownership is involved (i.e., accounts of the same Person),5 provided the accounts are not in separate aggregation units or otherwise subject to information barrier or account segregation requirements. These transfers are subject to, among other things, the requirement to submit prior written notice of the transfers to the Exchange pursuant to paragraph (d) and 5 Rule 1.1 defines ‘‘Person’’ as an individual, partnership (general or limited), joint stock company, corporation, limited liability company, trust, or unincorporated organization, or any governmental entity or agency or political subdivision thereof. E:\FR\FM\29JYN1.SGM 29JYN1

Agencies

[Federal Register Volume 85, Number 146 (Wednesday, July 29, 2020)]
[Notices]
[Page 45709]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-16439]


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POSTAL SERVICE


International Product Change--Priority Mail Express 
International, Priority Mail International, First-Class Package 
International Service & Commercial ePacket Agreement: Postal 
ServiceTM

ACTION: Notice.

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SUMMARY: The Postal Service gives notice of filing a request with the 
Postal Regulatory Commission to add a Priority Mail Express 
International, Priority Mail International, First-Class Package 
International Service & Commercial ePacket contract to the list of 
Negotiated Service Agreements in the Competitive Product List in the 
Mail Classification Schedule.

DATES: Date of notice: July 29, 2020.

FOR FURTHER INFORMATION CONTACT: Christopher C. Meyerson, (202) 268-
7820.

SUPPLEMENTARY INFORMATION: The United States Postal Service[supreg] 
hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on 
July 23, 2020, it filed with the Postal Regulatory Commission a USPS 
Request to Add Priority Mail Express International, Priority Mail 
International, First-Class Package International Service & Commercial 
ePacket Contract 7 to Competitive Product List. Documents are available 
at www.prc.gov, Docket Nos. MC2020-203 and CP2020-230.

Joshua J. Hofer,
Attorney, Federal Compliance.
[FR Doc. 2020-16439 Filed 7-28-20; 8:45 am]
BILLING CODE 7710-12-P