Competitive Price Adjustment, 74768-74770 [2020-25753]

Download as PDF 74768 Federal Register / Vol. 85, No. 226 / Monday, November 23, 2020 / Notices 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 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 Tyesha.Bush@ nrc.gov or Marcia.Pringle@nrc.gov. The NRC is holding the meetings under the authority of the Government in the Sunshine Act, 5 U.S.C. 552b. Dated: November 18, 2020. For the Nuclear Regulatory Commission. Denise L. McGovern, Policy Coordinator, Office of the Secretary. [FR Doc. 2020–25883 Filed 11–19–20; 11:15 am] BILLING CODE 7590–01–P NUCLEAR WASTE TECHNICAL REVIEW BOARD Board Meeting December 2–3, 2020—The U.S. Nuclear Waste Technical Review Board will hold an online virtual public meeting to review information on the U.S. Department of Energy’s non-sitespecific geologic disposal research and development program. Pursuant to its authority under section 5051 of Public Law 100–203, Nuclear Waste Policy Amendments Act (NWPAA) of 1987, the U.S. Nuclear Waste Technical Review Board will hold an online virtual public meeting on Wednesday, December 2, 2020, and Thursday, December 3, 2020, to review information on U.S. Department of Energy (DOE) non-site-specific geologic disposal research and development (R&D) program. The meeting will begin on both days at 12:00 p.m. Eastern Standard Time VerDate Sep<11>2014 17:07 Nov 20, 2020 Jkt 253001 (EST) and is scheduled to adjourn at 5:00 p.m. EST on both days. Speakers representing the DOE Office of Nuclear Energy and the national laboratories conducting the work for DOE will report on DOE’s non-site-specific geologic disposal R&D program. Speakers will describe DOE’s program, including its purpose, scope, goals, technical approach, and prioritization of activities. Three presentations will address the reference disposal concepts and key considerations for a repository sited in either crystalline, salt, and argillite rock. Two speakers from abroad will describe geologic disposal research strategies in Europe. Next, speakers from the national laboratories will present DOE’s R&D activities, and their prioritization, in other program areas that address multiple disposal concepts. These speakers will address the disposal of dual-purpose canisters, geologic disposal safety assessment, engineered barrier systems, and will describe a disposal concept and key considerations for an unsaturated alluvium reference case. The last presentation will address prioritization of international activities and DOE’s Disposal Research 5-year Plan. A detailed meeting agenda will be available on the Board’s website approximately one week before the meeting. The meeting will be open to the public, and opportunities for public comment will be provided. Details on how to comment publicly during the meeting will be provided on the Board’s website along with the details for viewing the meeting. A limit may be set on the time allowed for the presentation of individual remarks. However, written comments of any length may be submitted to the Board staff by mail or electronic mail. All comments received in writing will be included in the meeting record, which will be posted on the Board’s website after the meeting. An archived recording of the meeting will be available on the Board’s website following the meeting. The transcript of the meeting will be available on the Board’s website by February 3, 2021. The Board was established in the Nuclear Waste Policy Amendments Act of 1987 as an independent federal agency in the Executive Branch to evaluate the technical and scientific validity of DOE activities related to the management and disposal of spent nuclear fuel and high-level radioactive waste, and to provide objective expert advice to Congress and the Secretary of Energy on these issues. Board members are experts in their fields and are appointed to the Board by the President from a list of candidates submitted by the National Academy of Sciences. The PO 00000 Frm 00105 Fmt 4703 Sfmt 4703 Board reports its findings, conclusions, and recommendations to Congress and the Secretary of Energy. All Board reports, correspondence, congressional testimony, and meeting transcripts and related materials are posted on the Board’s website. For information on the meeting agenda, contact Bret Leslie at leslie@ nwtrb.gov or by phone 703–235–9132; or Jo Jo Lee at lee@nwtrb.gov or by phone 703–235–4485. For information on logistics, or to request copies of the meeting agenda or transcript, contact Davonya Barnes at barnes@nwtrb.gov or by phone 703–235–9141. All three may be reached by mail at 2300 Clarendon Boulevard, Suite 1300, Arlington, VA 22201–3367; or by fax at 703–235–4495. Dated: November 17, 2020. Nigel Mote, Executive Director, U.S. Nuclear Waste Technical Review Board. [FR Doc. 2020–25724 Filed 11–20–20; 8:45 am] BILLING CODE 6820–AM–P POSTAL REGULATORY COMMISSION [Docket No. CP2021–28; Order No. 5754] Competitive Price Adjustment Postal Regulatory Commission. Notice. AGENCY: ACTION: The Commission is recognizing a recently filed Postal Service document with the Commission concerning changes in rates of general applicability for competitive international products. The changes are scheduled to take effect January 24, 2021. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: December 2, 2020. ADDRESSES: Submit comments electronically via the Commission’s Filing Online system at http:// 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: FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: Table of Contents I. Introduction and Overview II. Initial Administrative Actions III. Ordering Paragraphs E:\FR\FM\23NON1.SGM 23NON1 Federal Register / Vol. 85, No. 226 / Monday, November 23, 2020 / Notices I. Introduction and Overview On November 16, 2020, the Postal Service filed notice with the Commission concerning changes in rates of general applicability for competitive products.1 The Postal Service represents that, as required by 39 CFR 3035.102(b), the Notice includes an explanation and justification for the changes, the effective date, and a schedule of the changed rates. See Notice at 1. The changes are scheduled to take effect on January 24, 2021. Id. Attached to the Notice is Governors’ Decision No. 20–5, which states the new prices are in accordance with 39 U.S.C. 3632 and 3633 and 39 CFR 3035.102.2 The Governors’ Decision provides an analysis of the competitive products’ price changes intended to demonstrate that the changes comply with 39 U.S.C. 3633 and 39 CFR part 3035. Governors’ Decision No. 20–5 at 1. The attachment to the Governors’ Decision sets forth the price changes and includes draft Mail Classification Schedule language for competitive products of general applicability. The Governors’ Decision includes two additional attachments: • A partially redacted table showing FY 2021 projected volumes, revenues, attributable costs, contribution, and cost coverage for each product, assuming implementation of the new prices on January 24, 2021. 74769 • A partially redacted table showing FY 2021 projected volumes, revenues, attributable costs, contribution, and cost coverage for each product, assuming a hypothetical implementation of the new prices on October 1, 2020. The Notice also includes an application for non-public treatment of the attributable costs, contribution, and cost coverage data in the unredacted version of the annex to the Governors’ Decision, as well as the supporting materials for the data. Notice at 1–2. Planned price adjustments. The Governors’ Decision includes an overview of the Postal Service’s planned price changes, which is summarized in the table below. TABLE I–1 PROPOSED PRICE CHANGES Average price increase (percent) Product name Domestic Competitive Products Priority Mail Express .......................................................................................................................................................................... Retail ........................................................................................................................................................................................... Commercial Base ....................................................................................................................................................................... Commercial Plus ........................................................................................................................................................................ Priority Mail ........................................................................................................................................................................................ Retail ........................................................................................................................................................................................... Commercial Base ....................................................................................................................................................................... Commercial Plus ........................................................................................................................................................................ Parcel Select ...................................................................................................................................................................................... Destination Delivery Unit ............................................................................................................................................................ Destination Sectional Center Facility ......................................................................................................................................... Destination Network Distribution Center .................................................................................................................................... Lightweight .................................................................................................................................................................................. Parcel Return Service ........................................................................................................................................................................ Return Sectional Center Facility ................................................................................................................................................. Return Delivery Unit ................................................................................................................................................................... First-Class Package Service ............................................................................................................................................................. Retail ........................................................................................................................................................................................... Commercial ................................................................................................................................................................................. Retail Ground ..................................................................................................................................................................................... 1.2 1.0 2.5 2.5 3.5 3.0 3.6 4.5 8.9 4.9 10.7 9.7 20.0 4.9 4.9 4.9 6.2 4.8 6.5 3.0 Domestic Extra Services Premium Forwarding Service Enrollment Fee .................................................................................................................................. Adult Signature Service ..................................................................................................................................................................... Basic ........................................................................................................................................................................................... Person-Specific ........................................................................................................................................................................... Address Enhancement Services ....................................................................................................................................................... Competitive Post Office Box .............................................................................................................................................................. Package Intercept Service ................................................................................................................................................................. 3.9–4.0 .......................... 3.8 3.6 3 3.7–100.0 23.3 4.1 Source: See Governors’ Decision No. 20–5 at 2–4 (showing percentage increases for products other than Adult Signature Service and Address Enhancement Services and new prices for Adult Signature Service and Address Enhancement Services); Mail Classification Schedule section 2645.1.2 (showing existing prices for Adult Signature Service); Mail Classification Schedule section 2605.2 (showing existing prices for Address Enhancement Services). 1 USPS Notice of Changes in Rates of General Applicability for Competitive Products, November 16, 2020 (Notice). Pursuant to 39 U.S.C. 3632(b)(2), the Postal Service is obligated to publish the Governors’ Decision and record of proceedings in the Federal Register at least 30 days before the effective date of the new rates. VerDate Sep<11>2014 17:07 Nov 20, 2020 Jkt 253001 2 Notice, Decision of the Governors of the United States Postal Service on Changes in Rates of General Applicability for Competitive Products (Governors’ Decision No. 20–5), at 1 (Governors’ Decision No. 20–5). PO 00000 Frm 00106 Fmt 4703 Sfmt 4703 3 The upper end of this range corresponds to the proposed change in prices for certain Developer’s Kits. A breakdown of the proposed prices for Address Enhancement Services by rate cell is shown in the Notice, Attachment to Governor’s Decision 20–5, § 2605. E:\FR\FM\23NON1.SGM 23NON1 74770 Federal Register / Vol. 85, No. 226 / Monday, November 23, 2020 / Notices II. Initial Administrative Actions The Commission establishes Docket No. CP2021–28 to consider the Postal Service’s Notice. Interested persons may express views and offer comments on whether the planned changes are consistent with 39 U.S.C. 3632, 3633, and 3642, 39 CFR part 3035, and 39 CFR 3040 subparts B and E. Comments are due no later than December 2, 2020. For specific details of the planned price changes, interested persons are encouraged to review the Notice, which is available on the Commission’s website at www.prc.gov. Pursuant to 39 U.S.C. 505, Christopher C. Mohr is appointed to serve as Public Representative to represent the interests of the general public in this docket. III. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. CP2021–28 to provide interested persons an opportunity to express views and offer comments on whether the planned changes are consistent with 39 U.S.C. 3632, 3633, and 3642, 39 CFR part 3035, and 39 CFR 3040 subparts B and E. 2. Comments are due no later than December 2, 2020. 3. Pursuant to 39 U.S.C. 505, the Commission appoints Christopher C. Mohr to serve as an officer of the Commission (Public Representative) to represent the interests of the general public in this docket. 4. The Secretary shall arrange for publication of this Order in the Federal Register. By the Commission. Erica A. Barker, Secretary. [FR Doc. 2020–25753 Filed 11–20–20; 8:45 am] BILLING CODE 7710–FW–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–90440; File No. SR–CBOE– 2020–109] Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Interpretations and Policies to Rule 5.33 in Connection With MarketMakers’ Complex Orders, Quoting Obligations and Volume Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (the 17:07 Nov 20, 2020 I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Cboe Exchange, Inc. (the ‘‘Exchange’’ or ‘‘Cboe’’) proposes to amend its Interpretations and Policies to Rule 5.33 in connection with Market-Makers’ complex orders, quoting obligations and volume. The text of the proposed rule change is provided in Exhibit 5. The text of the proposed rule change is also available on the Exchange’s website (http://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 The Exchange proposes to adopt new Interpretation and Policy .02 to Rule 5.33 to codify how complex strategy volume is counted when determining whether a Market-Maker exceeds the 25% volume threshold in its non1 15 November 17, 2020. VerDate Sep<11>2014 ‘‘Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on November 3, 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, II, and III below, which Items have been prepared by the Exchange. The Exchange filed the proposal 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. Jkt 253001 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 15 U.S.C. 78s(b)(3)(A)(iii). 4 17 CFR 240.19b–4(f)(6). 2 17 PO 00000 Frm 00107 Fmt 4703 Sfmt 4703 appointed classes pursuant to Rule 5.52(g) and when determining whether a Market-Maker exceeds the electronic volume thresholds in its appointed classes pursuant to 5.52(d)(1) and (d)(2).5 The Exchange also proposes to make clarifying, nonsubstantive updates to Interpretation and Policy .01 to Rule 5.33. Rule 5.33 governs trading of complex orders on the Exchange and, currently, Interpretation and Policy .01 to Rule 5.33 specifically provides that MarketMakers are not required to quote on the Complex Order Book (‘‘COB’’). Complex strategies are not subject to any quoting requirements that are applicable to Market-Makers in the simple market for individual options series or classes. Interpretation and Policy .01 to Rule 5.33 also states that volume executed in complex strategies is not taken into consideration when determining whether Market Makers are meeting quoting obligations applicable to Market Makers in the simple market for individual options. The proposed rule change updates Interpretation and Policy .01 to Rule 5.33 as it inadvertently refers to volume executed rather than orders, as ‘‘quoting’’ obligations relate to the submission of quotes and orders rather than executed volume. More specifically, pursuant to Rule 5.52, a Market-Maker’s bids and offers entered in the simple market are considered in determining whether a Market-Maker satisfies its quoting obligations, therefore, the proposed rule change amends Interpretation and Policy .01 to Rule 5.33 to more appropriately reflect this. The proposed change also harmonizes the spelling of Market-Maker with the definition set forth in Rule 1.1 and updates the language to read in plain English, and, to the extent possible, with the language in corresponding Interpretation and Policy .01 to Rule 6.13 of its affiliated options exchange, Cboe C2 Exchange, Inc. (‘‘C2’’). Current Rule 5.52(g) provides that a Market-Maker is considered an order entry firm (‘‘OEF’’) 6 under the Rules in all classes in which the Market-Maker has no appointment, and limits the total number of contracts a Market-Maker may execute in classes in which it has no appointment to 25% of the total number of all contracts the Market5 As a result of the proposed Interpretation and Policy, the proposed rule change accordingly updates the subsequent Interpretation and Policy numbering. 6 See Rule 1.1., which defines an ‘‘Order Entry Firm’’ or ‘‘OEF’’ as a Trading Permit Holder that represents as agent customer orders on the Exchange or that is a non-Market-Maker conducting proprietary trading. E:\FR\FM\23NON1.SGM 23NON1

Agencies

[Federal Register Volume 85, Number 226 (Monday, November 23, 2020)]
[Notices]
[Pages 74768-74770]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-25753]


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POSTAL REGULATORY COMMISSION

[Docket No. CP2021-28; Order No. 5754]


Competitive Price Adjustment

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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

SUMMARY: The Commission is recognizing a recently filed Postal Service 
document with the Commission concerning changes in rates of general 
applicability for competitive international products. The changes are 
scheduled to take effect January 24, 2021. This notice informs the 
public of the filing, invites public comment, and takes other 
administrative steps.

DATES: Comments are due: December 2, 2020.

ADDRESSES: Submit comments electronically via the Commission's Filing 
Online system at http://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 and Overview
II. Initial Administrative Actions
III. Ordering Paragraphs

[[Page 74769]]

I. Introduction and Overview

    On November 16, 2020, the Postal Service filed notice with the 
Commission concerning changes in rates of general applicability for 
competitive products.\1\ The Postal Service represents that, as 
required by 39 CFR 3035.102(b), the Notice includes an explanation and 
justification for the changes, the effective date, and a schedule of 
the changed rates. See Notice at 1. The changes are scheduled to take 
effect on January 24, 2021. Id.
---------------------------------------------------------------------------

    \1\ USPS Notice of Changes in Rates of General Applicability for 
Competitive Products, November 16, 2020 (Notice). Pursuant to 39 
U.S.C. 3632(b)(2), the Postal Service is obligated to publish the 
Governors' Decision and record of proceedings in the Federal 
Register at least 30 days before the effective date of the new 
rates.
---------------------------------------------------------------------------

    Attached to the Notice is Governors' Decision No. 20-5, which 
states the new prices are in accordance with 39 U.S.C. 3632 and 3633 
and 39 CFR 3035.102.\2\ The Governors' Decision provides an analysis of 
the competitive products' price changes intended to demonstrate that 
the changes comply with 39 U.S.C. 3633 and 39 CFR part 3035. Governors' 
Decision No. 20-5 at 1. The attachment to the Governors' Decision sets 
forth the price changes and includes draft Mail Classification Schedule 
language for competitive products of general applicability.
---------------------------------------------------------------------------

    \2\ Notice, Decision of the Governors of the United States 
Postal Service on Changes in Rates of General Applicability for 
Competitive Products (Governors' Decision No. 20-5), at 1 
(Governors' Decision No. 20-5).
    \3\ The upper end of this range corresponds to the proposed 
change in prices for certain Developer's Kits. A breakdown of the 
proposed prices for Address Enhancement Services by rate cell is 
shown in the Notice, Attachment to Governor's Decision 20-5, Sec.  
2605.
---------------------------------------------------------------------------

    The Governors' Decision includes two additional attachments:
     A partially redacted table showing FY 2021 projected 
volumes, revenues, attributable costs, contribution, and cost coverage 
for each product, assuming implementation of the new prices on January 
24, 2021.
     A partially redacted table showing FY 2021 projected 
volumes, revenues, attributable costs, contribution, and cost coverage 
for each product, assuming a hypothetical implementation of the new 
prices on October 1, 2020.
    The Notice also includes an application for non-public treatment of 
the attributable costs, contribution, and cost coverage data in the 
unredacted version of the annex to the Governors' Decision, as well as 
the supporting materials for the data. Notice at 1-2.
    Planned price adjustments. The Governors' Decision includes an 
overview of the Postal Service's planned price changes, which is 
summarized in the table below.

                    Table I-1 Proposed Price Changes
------------------------------------------------------------------------
                                                          Average price
                      Product name                           increase
                                                            (percent)
------------------------------------------------------------------------
                      Domestic Competitive Products
------------------------------------------------------------------------
Priority Mail Express..................................              1.2
    Retail.............................................              1.0
    Commercial Base....................................              2.5
    Commercial Plus....................................              2.5
Priority Mail..........................................              3.5
    Retail.............................................              3.0
    Commercial Base....................................              3.6
    Commercial Plus....................................              4.5
Parcel Select..........................................              8.9
    Destination Delivery Unit..........................              4.9
    Destination Sectional Center Facility..............             10.7
    Destination Network Distribution Center............              9.7
    Lightweight........................................             20.0
Parcel Return Service..................................              4.9
    Return Sectional Center Facility...................              4.9
    Return Delivery Unit...............................              4.9
First-Class Package Service............................              6.2
    Retail.............................................              4.8
    Commercial.........................................              6.5
Retail Ground..........................................              3.0
------------------------------------------------------------------------
                         Domestic Extra Services
------------------------------------------------------------------------
Premium Forwarding Service Enrollment Fee..............          3.9-4.0
Adult Signature Service................................  ...............
    Basic..............................................              3.8
    Person-Specific....................................              3.6
Address Enhancement Services...........................    \3\ 3.7-100.0
Competitive Post Office Box............................             23.3
Package Intercept Service..............................              4.1
------------------------------------------------------------------------
Source: See Governors' Decision No. 20-5 at 2-4 (showing percentage
  increases for products other than Adult Signature Service and Address
  Enhancement Services and new prices for Adult Signature Service and
  Address Enhancement Services); Mail Classification Schedule section
  2645.1.2 (showing existing prices for Adult Signature Service); Mail
  Classification Schedule section 2605.2 (showing existing prices for
  Address Enhancement Services).


[[Page 74770]]

II. Initial Administrative Actions

    The Commission establishes Docket No. CP2021-28 to consider the 
Postal Service's Notice. Interested persons may express views and offer 
comments on whether the planned changes are consistent with 39 U.S.C. 
3632, 3633, and 3642, 39 CFR part 3035, and 39 CFR 3040 subparts B and 
E. Comments are due no later than December 2, 2020. For specific 
details of the planned price changes, interested persons are encouraged 
to review the Notice, which is available on the Commission's website at 
www.prc.gov.
    Pursuant to 39 U.S.C. 505, Christopher C. Mohr is appointed to 
serve as Public Representative to represent the interests of the 
general public in this docket.

III. Ordering Paragraphs

    It is ordered:
    1. The Commission establishes Docket No. CP2021-28 to provide 
interested persons an opportunity to express views and offer comments 
on whether the planned changes are consistent with 39 U.S.C. 3632, 
3633, and 3642, 39 CFR part 3035, and 39 CFR 3040 subparts B and E.
    2. Comments are due no later than December 2, 2020.
    3. Pursuant to 39 U.S.C. 505, the Commission appoints Christopher 
C. Mohr to serve as an officer of the Commission (Public 
Representative) to represent the interests of the general public in 
this docket.
    4. The Secretary shall arrange for publication of this Order in the 
Federal Register.

    By the Commission.
Erica A. Barker,
Secretary.
[FR Doc. 2020-25753 Filed 11-20-20; 8:45 am]
BILLING CODE 7710-FW-P