Product Change-Priority Mail Negotiated Service Agreement, 16502 [2022-06165]
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16502
Federal Register / Vol. 87, No. 56 / Wednesday, March 23, 2022 / Notices
5. The Secretary shall arrange for
publication of this order in the Federal
Register.
By the Commission.
Erica A. Barker,
Secretary.
[FR Doc. 2022–06145 Filed 3–22–22; 8:45 am]
BILLING CODE 7710–FW–P
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
POSTAL SERVICE
Product Change—Priority Mail
Negotiated Service Agreement
Postal ServiceTM.
Notice.
AGENCY:
ACTION:
(‘‘Nasdaq’’ or ‘‘Exchange’’) filed with the
Securities and Exchange Commission
(‘‘SEC’’ or ‘‘Commission’’) the 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.
The Postal Service gives
notice of filing a request with the Postal
Regulatory Commission to add a
domestic shipping services contract to
the list of Negotiated Service
Agreements in the Mail Classification
Schedule’s Competitive Products List.
DATES: Date of required notice: March
23, 2022.
FOR FURTHER INFORMATION CONTACT:
Sean Robinson, 202–268–8405.
SUPPLEMENTARY INFORMATION: The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on March 8, 2022,
it filed with the Postal Regulatory
Commission a USPS Request to Add
Priority Mail Contract 737 to
Competitive Product List. Documents
are available at www.prc.gov, Docket
Nos. MC2022–45, CP2022–51.
SUMMARY:
Sean Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2022–06165 Filed 3–22–22; 8:45 am]
BILLING CODE 7710–12–P
The Exchange proposes to harmonize
its processes and procedures under
Options 3, Section 20 with those of its
affiliated options exchange.
The text of the proposed rule change
is available on the Exchange’s website at
https://listingcenter.nasdaq.com/
rulebook/nasdaq/rules, at the principal
office of the Exchange, 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
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–94447; File No. SR–
NASDAQ–2022–023]
Self-Regulatory Organizations; The
Nasdaq Stock Market LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Harmonize
Various Processes Under Options 3,
Section 20 Across the Affiliated
Nasdaq Options Exchanges
jspears on DSK121TN23PROD with NOTICES1
March 17, 2022.
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 8,
2022, The Nasdaq Stock Market LLC
1
2
15 U.S.C. 78s(b)(1).
17 CFR 240.19b–4.
VerDate Sep<11>2014
20:07 Mar 22, 2022
Jkt 256001
The Exchange proposes to harmonize
its existing processes for the review of
decisions on appeal under Options 3,
Section 20 with those of its affiliate
Nasdaq Phlx LLC (‘‘Phlx’’). The
Exchange also proposes several nonsubstantive, conforming changes in
Options 3, Section 1.
Appeal
Today, Options 3, Section 20(k)
governs the appeal process for
determinations by Exchange staff made
under this Rule, including obvious error
determinations. Specifically, a party to
a transaction affected by a decision
made under this section may appeal that
decision to the Exchange Review
Council. An appeal must be made in
writing, and must be received by the
Exchange within thirty (30) minutes
after the person making the appeal is
PO 00000
Frm 00050
Fmt 4703
Sfmt 4703
given the notification of the
determination being appealed.
The Exchange proposes generally to
maintain its current appeal process with
certain additions to harmonize its
process with that of its affiliate, Phlx.
First, while Phlx similarly requires the
parties to submit a request for review
within thirty (30) minutes of being
notified of the determination being
appealed, Phlx also provides parties
with additional time to submit their
request if the notification occurs later in
the trading day. In particular, if the
notification is made after 3:30 p.m.
Eastern Time, either party has until 9:30
a.m. Eastern Time on the next trading
day to submit a request for review.3
Similar to Phlx, the Exchange believes
that this flexibility will be helpful for
Participants in submitting their appeal
requests in a timely manner,
particularly where notification of the
Official’s decision was received later in
the trading day, and therefore proposes
to adopt this provision in Options 3,
Section 20(k).
Second, the Exchange proposes to add
a provision for when the Exchange
Review Council panel must render a
decision on requests for appeal to
harmonize to Phlx’s process.
Specifically, the Exchange proposes in
Options 3, Section 20(k) that the
Exchange Review Council panel shall
review the facts and render a decision
on the day of the transaction, or the next
trade day in the case where a request is
properly made after 3:30 p.m. on the
day of the transaction or where the
request is properly made the next trade
day.4
Options 3, Section 1
The Exchange proposes nonsubstantive, conforming amendments to
Options 3, Section 1 (Days and Hours of
Business). The Exchange first proposes
to amend the title from ‘‘Days and Hours
of Business’’ to ‘‘Hours of Business.’’
The Exchange recently filed to establish
General 3, Section 1030, which governs
the days the Exchange will be open for
business.5 At this time, the Exchange
also proposes to amend Options 3,
Section 1(c) which provides, ‘‘NOM
shall not be open for business on any
See Phlx Options 3, Section 20(l).
See Phlx Options 3, Section 20(l) for analogous
language.
5 See Securities Exchange Act Release No. 93675
(November 29, 2021), 86 FR 68714 (December 3,
2021) (SR–NASDAQ–2021–69) (Notice of Filing and
Immediate Effectiveness of Proposed Rule Change
To Include Juneteenth National Independence Day
as a Holiday). Rule 1030 of General 3 memorialized
all current Exchange holidays and added a
provision to permit the Exchange the authority to
halt or suspend trading or close Exchange facilities
for certain unanticipated closures.
3
4
E:\FR\FM\23MRN1.SGM
23MRN1
Agencies
[Federal Register Volume 87, Number 56 (Wednesday, March 23, 2022)]
[Notices]
[Page 16502]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-06165]
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POSTAL SERVICE
Product Change--Priority Mail Negotiated Service Agreement
AGENCY: Postal ServiceTM.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Postal Service gives notice of filing a request with the
Postal Regulatory Commission to add a domestic shipping services
contract to the list of Negotiated Service Agreements in the Mail
Classification Schedule's Competitive Products List.
DATES: Date of required notice: March 23, 2022.
FOR FURTHER INFORMATION CONTACT: Sean Robinson, 202-268-8405.
SUPPLEMENTARY INFORMATION: The United States Postal Service[supreg]
hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on
March 8, 2022, it filed with the Postal Regulatory Commission a USPS
Request to Add Priority Mail Contract 737 to Competitive Product List.
Documents are available at www.prc.gov, Docket Nos. MC2022-45, CP2022-
51.
Sean Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2022-06165 Filed 3-22-22; 8:45 am]
BILLING CODE 7710-12-P