Actuarial Advisory Committee With Respect to the Railroad Retirement Account; Notice of Public Meeting, 16794-16795 [2021-06543]

Download as PDF 16794 Federal Register / Vol. 86, No. 60 / Wednesday, March 31, 2021 / Notices information and will not ask questions of a sensitive nature, such as sexual behavior and attitudes, religious beliefs, and other matters that are commonly considered private. III. Data Title: Generic Clearance for the Collection of Qualitative Feedback on Agency Service Delivery. OMB Number: 2700–0153. Type of Review: Extension of approval for a collection of information. Affected Public: Federal Government; Individuals and Households; Businesses and Organization; State, Local, or Tribal Government. Estimated Annual Number of Activities: 40. Estimated Number of Respondents per Activity: 2,000. Annual Responses: 80,000. Estimated Time per Response: 5 minutes. Estimated Total Annual Burden Hours: 6,667. Estimated Total Annual Cost: $200,000. IV. Request for Comments Comments are invited on: (1) Whether the proposed collection of information is necessary for the proper performance of the functions of NASA, including whether the information collected has practical utility; (2) the accuracy of NASA’s estimate of the burden (including hours and cost) of the proposed collection of information; (3) ways to enhance the quality, utility, and clarity of the information to be collected; and (4) ways to minimize the burden of the collection of information on respondents, including automated collection techniques or the use of other forms of information technology. Comments submitted in response to this notice will be summarized and included in the request for OMB approval of this information collection. They will also become a matter of public record. Lori Parker, NASA PRA Clearance Officer. [FR Doc. 2021–06610 Filed 3–30–21; 8:45 am] NATIONAL AERONAUTICS AND SPACE ADMINISTRATION jbell on DSKJLSW7X2PROD with NOTICES [Notice: 21–018] NASA Advisory Council; Science Committee; Meeting National Aeronautics and Space Administration. ACTION: Notice of meeting. AGENCY: 18:54 Mar 30, 2021 Wednesday, April 14, 2021, 12:30–5:00 p.m.; and Thursday, April 15, 2021, 1:00–5:00 p.m.; Eastern Time. DATES: Ms. KarShelia Henderson, Science Mission Directorate, NASA Headquarters, Washington, DC 20546, (202) 358–2355 or khenderson@nasa.gov. FOR FURTHER INFORMATION CONTACT: This meeting will be open to the public via Webex and telephonically. Webex connectivity information for each day is provided below. For audio, when you join the Webex event, you may use your computer or provide your phone number to receive a call back, otherwise, call the U.S. toll conference number listed for each day. On Wednesday, April 14, the event address for attendees is: https:// nasaenterprise.webex.com/ nasaenterprise/onstage/g.php?MTID= e6bcad84ab11d25ae3be15f5f049ec876. The event number is 199 910 0118 and the event password is BXeCv3Er*48. If needed, the U.S. toll conference number is 1–415–527–5035 and access code is 199 910 0118. On Thursday, April 15, the event address for attendees is: https:// nasaenterprise.webex.com/ nasaenterprise/onstage/g.php?MTID= eaaad5072c23c72dba00f5ba93cb33d12. The event number is 199 236 4230 and the event password is 2gVXbrpd*77. If needed, the U.S. toll conference number is 1–415–527–5035 and access code is 199 236 4230. The agenda for the meeting includes the following topics: SUPPLEMENTARY INFORMATION: —Science Mission Directorate (SMD) Missions, Programs and Activities BILLING CODE 7510–13–P VerDate Sep<11>2014 In accordance with the Federal Advisory Committee Act, as amended, the National Aeronautics and Space Administration (NASA) announces a meeting of the Science Committee of the NASA Advisory Council (NAC). This Committee reports to the NAC. The meeting will be held for the purpose of soliciting, from the scientific community and other persons, scientific and technical information relevant to program planning. SUMMARY: Jkt 253001 It is imperative that the meeting be held on these dates due to the scheduling priorities of the key participants. Patricia Rausch, Advisory Committee Management Officer, National Aeronautics and Space Administration. [FR Doc. 2021–06544 Filed 3–30–21; 8:45 am] BILLING CODE 7510–13–P PO 00000 Frm 00094 Fmt 4703 Sfmt 4703 NATIONAL SCIENCE FOUNDATION Notice of Meeting for the Proposal Review Panel for Physics; Correction ACTION: Notice; correction. The National Science Foundation (NSF) published a document in the Federal Register of March 26, 2021, concerning a Part-open, 2-day, virtual site visit meeting for the Proposal Review Panel for Physics. The virtual site visit will be changed to a closed meeting. SUMMARY: FOR FURTHER INFORMATION CONTACT: Please contact Crystal Robinson, crrobins@nsf.gov or 703–292–8687. SUPPLEMENTARY INFORMATION: Correction In the Federal Register published March 26, 2021, in FR Doc. 2021–06220 (Filed 3–25–21), on page 16239, first column, Type of Meeting Section, please change the meeting type to Closed. Dated: March 26, 2021. Crystal Robinson, Committee Management Officer, National Science Foundation. [FR Doc. 2021–06622 Filed 3–30–21; 8:45 am] BILLING CODE 7555–01–P RAILROAD RETIREMENT BOARD Actuarial Advisory Committee With Respect to the Railroad Retirement Account; Notice of Public Meeting Notice is hereby given in accordance with Public Law 92–463 that the Actuarial Advisory Committee will hold a virtual meeting on April 21, 2021, at 12:30 p.m. (Central Daylight Time), on the conduct of the 28th Actuarial Valuation of the Railroad Retirement System. The agenda for this meeting will include a discussion of the assumptions to be used in the 28th Actuarial Valuation. A report containing recommended assumptions and the experience on which the recommendations are based will have been sent by the Chief Actuary to the Committee before the meeting. The meeting will be open to the public. Persons wishing to submit written statements, make oral presentations, or attend the meeting should address their communications or notices to Patricia Pruitt (Patricia.Pruitt@rrb.gov) so that information on how to join the virtual meeting can be provided. E:\FR\FM\31MRN1.SGM 31MRN1 Federal Register / Vol. 86, No. 60 / Wednesday, March 31, 2021 / Notices Dated: March 25, 2021. Stephanie Hillyard, Secretary to the Board. A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change [FR Doc. 2021–06543 Filed 3–30–21; 8:45 am] 1. Purpose BILLING CODE 7905–01–P The Exchange proposes to amend the Fee Schedule to adopt new Section 1)c), Excessive Quoting Fee. SECURITIES AND EXCHANGE COMMISSION Background [Release No. 34–91406; File No. SR– EMERALD–2021–10] Self-Regulatory Organizations; MIAX Emerald, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the MIAX Emerald Fee Schedule To Adopt an Excessive Quoting Fee March 25, 2021. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on March 12, 2021, MIAX Emerald, LLC (‘‘MIAX Emerald’’ or ‘‘Exchange’’), filed with the Securities and Exchange Commission (‘‘Commission’’) a proposed rule change as described in Items I, II, and III below, which Items have been prepared by the Exchange. 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 The Exchange is filing a proposal to amend the MIAX Emerald Fee Schedule (the ‘‘Fee Schedule’’) to adopt new Section 1)c), Excessive Quoting Fee. The text of the proposed rule change is available on the Exchange’s website at http://www.miaxoptions.com/rulefilings/emerald, at MIAX’s principal office, and at the Commission’s Public Reference Room. jbell on DSKJLSW7X2PROD with NOTICES 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. 1 15 2 17 U.S.C. 78s(b)(1). CFR 240.19b–4. VerDate Sep<11>2014 18:54 Mar 30, 2021 Jkt 253001 The Exchange initially filed its proposal to adopt the Excessive Quoting Fee on February 8, 2021.3 On February 22, 2021, the Exchange withdrew the First Proposed Rule Change and now resubmits this proposal to provide additional background information and make further changes due to business reasons. The Exchange recently completed a significant upgrade to its System’s 4 network architecture, based on customer demand, which has resulted in the Exchange’s network environment becoming more transparent and deterministic. This project included additional network development in several areas, which resulted in: (i) Minimum latency between multicast market data signals disseminated by the Exchange across the extranet switches; (ii) a reduction in the occurrence of message sequence inversions from Members 5 to the Exchange quoting gateway processors; (iii) assurance of the optical fiber path for participants within extremely tight tolerances; (iv) a re-architected and engineered participant quoting gateway; and (v) the Exchange being able to better measure the performance of the network and System at extremely tight tolerances and the ability to provide Members with reporting on the performance of their own systems. Proposal The Exchange proposes to amend the Fee Schedule to adopt new Section 1)c), Excessive Quoting Fee. The Exchange proposes to assess an Excessive Quoting Fee of $10,000 per day to any Market Maker 6 that exceeds 2.5 billion inbound 3 See SR–EMERALD–2021–06 (the ‘‘First Proposed Rule Change’’). 4 The term ‘‘System’’ means the automated trading system used by the Exchange for the trading of securities. See Exchange Rule 100. 5 ‘‘Member’’ means an individual or organization approved to exercise the trading rights associated with a Trading Permit. Members are deemed ‘‘members’’ under the Exchange Act. See the Definitions Section of the Fee Schedule and Exchange Rule 100. 6 The term ‘‘Market Maker’’ refers to ‘‘Lead Market Maker’’ (‘‘LMM’’), ‘‘Primary Lead Market Maker’’ (‘‘PLMM’’) and ‘‘Registered Market Maker’’ (‘‘RMM’’), collectively. See the Definitions Section of the Fee Schedule and Exchange Rule 100. PO 00000 Frm 00095 Fmt 4703 Sfmt 4703 16795 quotes 7 sent to the Exchange on that particular day. In counting the total number of quotes for the purposes of the Excessive Quoting Fee, the Exchange proposes to exclude messages that are generated as a result of sending a mass purge message to the Exchange. The Exchange proposes that the 2.5 billion inbound quote limit for the Excessive Quoting Fee will reset each trading day. The purpose of this proposal is to ensure that Market Makers do not over utilize the Exchange’s System by sending excessive quotes to the Exchange, to the detriment of all other Members of the Exchange. Market Makers that send an excessive number of quotes to the Exchange on any particular day have the potential residual effect of exhausting System resources, bandwidth, and capacity. In turn, this may create latency and impact other Members’ and non-Members’ ability to send messages to the Exchange and receive timely executions. The Exchange’s high performance network provides unparalleled system throughput and the capacity to handle approximately 38 million messages per second. On an average day, the Exchange handles over approximately 11 billion total messages. These billions of messages per day consume the Exchange’s resources, particularly storage capabilities. The combination of (i) Member quoting behavior, (ii) increased volatility in the marketplace, and (iii) increased number of options products quoted on the Exchange has a significant impact on the total number of quotes sent each trading day, resulting in additional storage capacity. The Exchange believes this proposal will reduce the potential for market participants to engage in excessive quoting behavior that would require the Exchange to increase its storage capacity and will encourage quotes to be made in good faith. Recognizing that orders and executions often occur in large numbers, the purpose of this proposal is to focus on activity that is truly disproportionate while fairly allocating costs. The proposal contemplates that a Market Maker would have to exceed the high threshold of 2.5 billion inbound quotes before that Market Maker would be charged the proposed fee on that particular trading day. The Exchange 7 The term ‘‘quote’’ or ‘‘quotation’’ means a bid or offer entered by a Market Maker that is firm and may update the Market Maker’s previous quote, if any. The Rules of the Exchange provide for the use of different types of quotes, including Standard quotes and eQuotes, as more fully described in Rule 517. A Market Maker may, at times, choose to have multiple types of quotes active in an individual option. See the Definitions Section of the Fee Schedule. E:\FR\FM\31MRN1.SGM 31MRN1

Agencies

[Federal Register Volume 86, Number 60 (Wednesday, March 31, 2021)]
[Notices]
[Pages 16794-16795]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-06543]


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RAILROAD RETIREMENT BOARD


Actuarial Advisory Committee With Respect to the Railroad 
Retirement Account; Notice of Public Meeting

    Notice is hereby given in accordance with Public Law 92-463 that 
the Actuarial Advisory Committee will hold a virtual meeting on April 
21, 2021, at 12:30 p.m. (Central Daylight Time), on the conduct of the 
28th Actuarial Valuation of the Railroad Retirement System. The agenda 
for this meeting will include a discussion of the assumptions to be 
used in the 28th Actuarial Valuation. A report containing recommended 
assumptions and the experience on which the recommendations are based 
will have been sent by the Chief Actuary to the Committee before the 
meeting.
    The meeting will be open to the public. Persons wishing to submit 
written statements, make oral presentations, or attend the meeting 
should address their communications or notices to Patricia Pruitt 
([email protected]) so that information on how to join the 
virtual meeting can be provided.


[[Page 16795]]


    Dated: March 25, 2021.
Stephanie Hillyard,
Secretary to the Board.
[FR Doc. 2021-06543 Filed 3-30-21; 8:45 am]
BILLING CODE 7905-01-P