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