International Product Change-Priority Mail Express International, Priority Mail International, First-Class Package International Service & Commercial ePacket Agreement: Postal ServiceTM, 55523-55524 [2020-19760]

Download as PDF Federal Register / Vol. 85, No. 174 / Tuesday, September 8, 2020 / Notices 01 concurrently with the issuance of this new RG. Licensees using DSS–ISG– 2010–01 to demonstrate compliance with NRC requirements may continue using that guidance as long as they do not change their licensing bases relative to that guidance. The staff is also issuing for public comment a draft regulatory analysis (ADAMS Accession No. ML20205L563). The staff develops a regulatory analysis to assess the value of issuing or revising a regulatory guide as well as alternative courses of action. III. Backfitting, Forward Fitting, and Issue Finality DG–1373, if finalized, would provide guidance for performing criticality analyses of fuel storage at light-water reactor power plants. Issuance of DG– 1373, if finalized, would not constitute backfitting as defined in 10 CFR 50.109, ‘‘Backfitting,’’ and as described in NRC Management Directive 8.4, ‘‘Management of Backfitting, Forward Fitting, Issue Finality, and Information Requests,’’ (Ref. 18); affect issue finality of any approval issued under 10 CFR part 52; or constitute forward fitting as defined in Management Directive 8.4. As explained in DG–1373, licensees are not required to comply with the positions set forth in this guide. Dated: September 2, 2020. For the Nuclear Regulatory Commission. Meraj Rahimi, Chief, Regulatory Guidance and Generic Issues Branch, Division of Engineering, Office of Nuclear Regulatory Research. [FR Doc. 2020–19774 Filed 9–4–20; 8:45 am] BILLING CODE 7590–01–P POSTAL REGULATORY COMMISSION [Docket Nos. MC2020–235 and CP2020–265; MC2020–236 and CP2020–266] New Postal Products Postal Regulatory Commission. Notice. AGENCY: ACTION: The Commission is noticing a recent Postal Service filing for the 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: September 11, 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 jbell on DSKJLSW7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 16:32 Sep 04, 2020 Jkt 250001 section by telephone for advice on filing alternatives. INFORMATION CONTACT 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), 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. 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 00116 Fmt 4703 Sfmt 4703 55523 II. Docketed Proceeding(s) 1. Docket No(s).: MC2020–235 and CP2020–265; Filing Title: USPS Request to Add Priority Mail Contract 654 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: September 1, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 through 3040.135, and 39 CFR 3035.105; Public Representative: Kenneth R. Moeller; Comments Due: September 11, 2020. 2. Docket No(s).: MC2020–236 and CP2020–266; Filing Title: USPS Request to Add Parcel Select & Parcel Return Service Contract 12 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: September 1, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 through 3040.135, and 39 CFR 3035.105; Public Representative: Christopher C. Mohr; Comments Due: September 11, 2020. This Notice will be published in the Federal Register. Erica A. Barker, Secretary. [FR Doc. 2020–19798 Filed 9–4–20; 8:45 am] BILLING CODE 7710–FW–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. DATES: Date of notice: September 8, 2020. FOR FURTHER INFORMATION CONTACT: Christopher C. Meyerson, (202) 268– 7820. SUPPLEMENTARY INFORMATION: The United States Postal Service® hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on August 31, 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 9 to SUMMARY: E:\FR\FM\08SEN1.SGM 08SEN1 55524 Federal Register / Vol. 85, No. 174 / Tuesday, September 8, 2020 / Notices Competitive Product List. Documents are available at www.prc.gov, Docket Nos. MC2020–233 and CP2020–263. Section 8 and replace the current Exchange opening process with an opening process described in Phlx Options 3, Section 8,6 while retaining certain elements of its current process and making conforming changes to reflect particularlities to the BX market.7 Joshua J. Hofer, Attorney, Federal Compliance. [FR Doc. 2020–19760 Filed 9–4–20; 8:45 am] BILLING CODE 7710–12–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–89731; File No. SR–BX– 2020–016] Self-Regulatory Organizations; Nasdaq BX, Inc.; Order Approving Proposed Rule Change To Amend BX’s Opening Process in Connection With a Technology Migration September 1, 2020. I. Introduction On July 20, 2020, Nasdaq BX, Inc. (‘‘BX’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’),1 and Rule 19b–4 thereunder,2 a proposed rule change to amend the Exchange’s opening process in connection with a technology migration. The proposed rule change was published for comment in the Federal Register on July 27, 2020.3 The Commission received no comment letters on the proposed rule change. This order approves the proposed rule change. II. Description of the Proposal The Exchange proposes to amend Options 2, Section 4 (Obligations of Market Makers and Lead Market Makers), Options 3, Section 7 (Types of Orders and Order and Quote Protocols), Options 3, Section 8 (Opening and Halt Cross), Options 4A, Section 11 (Trading Sessions), and Options 6B, Section 1 (Exercise of Options Contracts) in connection with a technology migration to an enhanced Nasdaq, Inc. (‘‘Nasdaq’’) architecture.4 A. Proposed Opening Process 5 The Exchange proposes to delete the entirety of current BX Options 3, 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 See Securities Exchange Act Release No. 89356 (July 21, 2020), 85 FR 45243 (‘‘Notice’’). 4 The Exchange represents that in connection with the technology migration, BX is adopting certain opening functionality that is similar to the process used by Nasdaq Phlx LLC (‘‘Phlx’’) at Options 3, Section 8 (Options Opening Process). See Notice, supra note 3, 85 FR at 45243. 5 In connection with the new opening process, the Exchange proposes to adopt a new ‘‘Definitions’’ jbell on DSKJLSW7X2PROD with NOTICES 2 17 VerDate Sep<11>2014 16:32 Sep 04, 2020 Jkt 250001 1. Opening Sweeps The Exchange proposes to define a new order type, ‘‘Opening Sweep,’’ for the new opening process.8 A Market Maker assigned in a particular option may only submit an Opening Sweep if, at the time of entry, that Market Maker has already submitted and maintained a Valid Width Quote.9 Opening Sweeps may be entered at any price with a minimum price variation applicable to the affected series, on either side of the market, at single or multiple price level(s), and may be cancelled and reentered.10 A single Market Maker may section in proposed BX Options 3, Section 8(a), similar to Phlx Options 3, Section 8(a), to define several terms that are used throughout the opening rule. Proposed BX Options 3, Section 8 will define: ‘‘Away Best Bid or Offer’’ or ‘‘ABBO,’’ ‘‘imbalance,’’ ‘‘market for the underlying security,’’ ‘‘Opening Price,’’ ‘‘Opening Process,’’ ‘‘Potential Opening Price,’’ ‘‘Pre-Market BBO,’’ ‘‘Valid Width National Best Bid or Offer’’ or ‘‘Valid Width NBBO,’’ ‘‘Valid Width Quote,’’ and ‘‘Zero Bid Market.’’ For definitions of these terms, see Notice, supra note 3, 85 FR at 45244–45. 6 The Exchange proposes to amend the title of Options 3, Section 8 from ‘‘Opening and Halt Cross’’ to ‘‘Options Opening Process’’ to conform the title to Phlx’s Rule at Options 3, Section 8, ‘‘Options Opening Process.’’ The Exchange also proposes to amend the title of Options 3, Section 8, within Options 4A, Section 11, Trading Session, and Options 6B, Section 1, Exercise of Options Contracts, to conform the title to ‘‘Options Opening Process.’’ 7 For example, unlike the Phlx opening process, BX does not: (1) Require its Lead Market Makers to quote during the opening; (2) require a Valid Width Quote/Quality Opening Market to trigger the opening process and instead relies on a Valid Width NBBO designed to similarly ensure the price at which the Exchange opens reflects current market conditions; (3) have a trading floor and related opening rules; or (4) allow All-or-None Orders to rest on the order book. See Notice, supra note 3. 8 The Exchange proposes to define an ‘‘Opening Sweep’’ as a one-sided order entered by a Market Maker through SQF for execution against eligible interest in the system during the Opening Process. The Opening Sweep is not subject to any protections listed in Options 3, Section 15, except for Automated Quotation Adjustments. The Opening Sweep will only participate in the Opening Process pursuant to Options 3, Section 8 and will be cancelled upon the open if not executed. See proposed BX Options 3, Section 7(a)(9). In connection with the new definition of Opening Sweep, the Exchange proposes to remove a similar order type described as ‘‘On the Open Order’’ in current BX Options 3, Section 7(a)(9). 9 Proposed BX Options 3, Section 8(b)(1)(A). All Opening Sweeps in the affected series entered by a Market Maker will be cancelled immediately if that Market Maker fails to maintain a continuous quote with a Valid Width Quote in the affected series. See proposed BX Options 3, Section 8(b)(1)(A). 10 See proposed BX Options 3, Section 8(b)(1)(B). PO 00000 Frm 00117 Fmt 4703 Sfmt 4703 enter multiple Opening Sweeps, with each Opening Sweep at a different price level.11 If a Market Maker submits multiple Opening Sweeps, the system will consider only the most recent Opening Sweep at each price level submitted by such Market Maker in determining the Opening Price (described below).12 Unexecuted Opening Sweeps will be cancelled once the affected series is open.13 2. Opening Only Orders BX currently permits orders marked with a ‘‘Time In Force’’ or ‘‘TIF’’ of ‘‘On the Open Order’’ or ‘‘OPG’’ to be utilized to specify orders for submission into the Opening Cross.14 This TIF of ‘‘OPG’’ means for orders so designated, that if after entry into the system, the order is not fully executed in its entirety during the Opening Cross, the order, or any unexecuted portion of such order, will be cancelled back to the entering participant.15 BX proposes to replace the ‘‘On the Open Order’’ 16 TIF with an ‘‘Opening Only’’ or ‘‘OPG’’ TIF, which can only be executed in the Opening Process pursuant to Options 3, Section 8.17 This order type is not subject to any protections listed in Options 3, Section 15.18 Any portion of the order that is not executed during the Opening Process is cancelled.19 OPG orders also may not route.20 3. Interest Included in the Opening Process The first part of the Opening Process determines what constitutes eligible interest. Proposed BX Options 3, Section 8(b) explains the eligible interest that will be accepted during the Opening Process,21 which includes Valid Width Quotes,22 Opening 11 See id. id. The Exchange proposes to define ‘‘Opening Price’’ by cross-referencing proposed BX Options 3, Section 8(i) and (k). See proposed BX Options 3, Section 8(a)(4). 13 See proposed BX Options 3, Section 8(b)(1)(B). 14 See current BX Options 3, Section 7(b)(1). 15 See id. 16 See id. 17 See proposed BX Options 3, Section 7(b). 18 See id. 19 See id. 20 See id. 21 The Exchange proposes to define ‘‘Opening Process’’ by cross-referencing proposed BX Options 3, Section 8(d). See proposed BX Options 3, Section 8(a)(5). The proposed ‘‘Opening Process’’ term is replacing the current term, ‘‘BX Opening Cross.’’ 22 The Exchange proposes to define ‘‘Valid Width Quotes’’ as a two-sided electronic quotation, submitted by a Market Maker, quoted with a difference not to exceed $5 between the bid and offer regardless of the price of the bid. However, respecting in-the-money series where the market for the underlying security is wider than $5, the bid/ ask differential may be as wide as the quotation for the underlying security on the primary market, or 12 See E:\FR\FM\08SEN1.SGM 08SEN1

Agencies

[Federal Register Volume 85, Number 174 (Tuesday, September 8, 2020)]
[Notices]
[Pages 55523-55524]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-19760]


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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: September 8, 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 
August 31, 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 9 to

[[Page 55524]]

Competitive Product List. Documents are available at www.prc.gov, 
Docket Nos. MC2020-233 and CP2020-263.

Joshua J. Hofer,
Attorney, Federal Compliance.
[FR Doc. 2020-19760 Filed 9-4-20; 8:45 am]
BILLING CODE 7710-12-P
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