Railroad Revenue Adequacy-2021 Determination, 54748-54749 [2022-19321]

Download as PDF 54748 Federal Register / Vol. 87, No. 172 / Wednesday, September 7, 2022 / Notices Exchange believes the proposed rule change maintains an appropriate balance of obligations and benefits. The Exchange believes it is appropriate to have authority to establish minimum quote sizes in a class on an expiration or premium basis to reflect the different trading characteristics of those series within that class. The Exchange believes these proposed changes will continue to incentivize Market-Makers to have appointments in any class in which the Exchange may impose minimum quote size requirements on a premium or expiration basis, which increases liquidity and in general protects investors. B. Self-Regulatory Organization’s Statement on Burden on Competition The Exchange does not believe that the proposed rule change will impose any burden on competition that is not necessary or appropriate in furtherance of the purposes of the Act. The Exchange does not believe that the proposed rule change will impose any burden on intramarket competition that is not necessary or appropriate in furtherance of the Act because any minimum size requirements the Exchange imposes in a class on a premium or expiration basis will apply in the same manner to all MarketMakers with appointments in that class. The Exchange does not believe that the proposed rule change will impose any burden on intermarket competition that is not necessary or appropriate in furtherance of the Act because it relates solely to quoting obligations the Exchange imposes on Market-Makers on the Exchange. The Exchange believes the proposed rule change will maintain an appropriate balance of Market-Maker obligations and benefits and will permit the Exchange to impose more effective minimum size requirements in a class without being overly burdensome on Market-Makers given the differing trade characteristics applicable to series with different expirations and premiums. lotter on DSK11XQN23PROD with NOTICES1 C. Self-Regulatory Organization’s Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others The Exchange neither solicited nor received comments on the proposed rule change. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action Because the foregoing proposed rule change does not: (i) significantly affect the protection of investors or the public interest; (ii) impose any significant burden on competition; and (iii) become VerDate Sep<11>2014 19:38 Sep 06, 2022 Jkt 256001 operative for 30 days from the date on which it was filed, or such shorter time as the Commission may designate, it has become effective pursuant to Section 19(b)(3)(A)(iii) of the Act 12 and subparagraph (f)(6) of Rule 19b–4 thereunder.13 At any time within 60 days of the filing of the proposed rule change, the Commission summarily may temporarily suspend such rule change if it appears to the Commission that such action is necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act. If the Commission takes such action, the Commission shall institute proceedings under Section 19(b)(2)(B) 14 of the Act to determine whether the proposed rule change should be approved or disapproved. IV. Solicitation of Comments Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule change is consistent with the Act. Comments may be submitted by any of the following methods: Electronic Comments Commission, and all written communications relating to the proposed rule change between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for website viewing and printing in the Commission’s Public Reference Room, 100 F Street NE, Washington, DC 20549, on official business days between the hours of 10:00 a.m. and 3:00 p.m. Copies of the filing also will be available for inspection and copying at the principal office of the Exchange. All comments received will be posted without change. Persons submitting comments are cautioned that we do not redact or edit personal identifying information from comment submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR–CBOE–2022–043 and should be submitted on or before September 28, 2022. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.15 J. Matthew DeLesDernier, Deputy Secretary. • Use the Commission’s internet comment form (https://www.sec.gov/ rules/sro.shtml); or • Send an email to rule-comments@ sec.gov. Please include File Number SR– CBOE–2022–043 on the subject line. [FR Doc. 2022–19225 Filed 9–6–22; 8:45 am] Paper Comments Railroad Revenue Adequacy—2021 Determination • Send paper comments in triplicate to the Secretary, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549–1090. All submissions should refer to File Number SR–CBOE–2022–043. This file number should be included on the subject line if email is used. To help the Commission process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission’s internet website (https://www.sec.gov/ rules/sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the proposed rule change that are filed with the 12 15 U.S.C. 78s(b)(3)(A)(iii). CFR 240.19b–4(f)(6). In addition, Rule 19b– 4(f)(6) requires a self-regulatory organization to give the Commission written notice of its intent to file the proposed rule change at least five business days prior to the date of filing of the proposed rule change, or such shorter time as designated by the Commission. The Exchange has satisfied this requirement. 14 15 U.S.C. 78s(b)(2)(B). 13 17 PO 00000 Frm 00079 Fmt 4703 Sfmt 4703 BILLING CODE 8011–01–P SURFACE TRANSPORTATION BOARD [Docket No. EP 552 (Sub-No. 26)] Surface Transportation Board. Notice of decision. AGENCY: ACTION: On September 6, 2022, the Board served a decision announcing the 2021 revenue adequacy determinations for the nation’s Class I railroads. Five Class I railroads (BNSF Railroad Company, CSX Transportation, Inc., Norfolk Southern Combined Railroad Subsidiaries, Soo Line Corporation, and Union Pacific Railroad Company) were found to be revenue adequate. DATES: This decision is effective on September 6, 2022. FOR FURTHER INFORMATION CONTACT: Pedro Ramirez, (202) 245–0333. Assistance for the hearing impaired is available through the Federal Relay Service at (800) 877–8339. SUPPLEMENTARY INFORMATION: Under 49 U.S.C. 10704(a)(3), the Board is required to make an annual determination of railroad revenue adequacy. A railroad is SUMMARY: 15 17 E:\FR\FM\07SEN1.SGM CFR 200.30–3(a)(12). 07SEN1 Federal Register / Vol. 87, No. 172 / Wednesday, September 7, 2022 / Notices considered revenue adequate under 49 U.S.C. 10704(a) if it achieves a rate of return on net investment (ROI) equal to at least the current cost of capital for the railroad industry. For 2020, this number was determined to be 10.37% in R.R. Cost of Capital—2021, EP 558 (Sub-No. 25) (STB served Aug. 2, 2022). The Board then applied this revenue adequacy standard to each Class I railroad. Five Class I carriers (BNSF Railroad Company, CSX Transportation, Inc., Norfolk Southern Combined Railroad Subsidiaries, Soo Line Corporation, and Union Pacific Railroad Company) were found to be revenue adequate for 2021. The decision in this proceeding is posted at www.stb.gov. Decided: August 31, 2022. By the Board, Board Members Fuchs, Hedlund, Oberman, Primus, and Schultz. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2022–19321 Filed 9–6–22; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION Federal Aviation Administration [Docket No. 2013–0259] Agency Information Collection Activities: Requests for Comments; Clearance of Renewed Approval of Information Collection: Advisory Circular: Reporting of Laser Illumination of Aircraft Federal Aviation Administration (FAA), DOT. ACTION: Notice and request for comments. AGENCY: In accordance with the Paperwork Reduction Act of 1995, FAA invites public comments about our intention to request the Office of Management and Budget (OMB) approval renew information collection. Advisory Circular 70–2A provides guidance to civilian air crews on the reporting of laser illumination incidents and recommended mitigation actions to be taken in order to ensure continued safe and orderly flight operations. DATES: Written comments should be submitted by November 1, 2022. ADDRESSES: Please send written comments: By Electronic Docket: www.regulations.gov (Enter docket number into search field). By mail: Barbara Hall by email at: Barbara Hall, Federal Aviation Administration, ASP–110, 10101 lotter on DSK11XQN23PROD with NOTICES1 SUMMARY: VerDate Sep<11>2014 17:50 Sep 06, 2022 Jkt 256001 Hillwood Parkway, Fort Worth, TX 76177. FOR FURTHER INFORMATION CONTACT: Barbra Hall by email at: Barbra.L.Hall@ faa.gov; phone: 940–594–5913. SUPPLEMENTARY INFORMATION: Public Comments Invited: You are asked to comment on any aspect of this information collection, including (a) Whether the proposed collection of information is necessary for FAA’s performance; (b) the accuracy of the estimated burden; (c) ways for FAA to enhance the quality, utility and clarity of the information collection; and (d) ways that the burden could be minimized without reducing the quality of the collected information. The agency will summarize and/or include your comments in the request for OMB’s clearance of this information collection. OMB Control Number: 2120–0698 Title: Advisory Circular (AC): Reporting of Laser Illumination of Aircraft. Form Numbers: Advisory Circular 70– 2A, Reporting of Laser Illumination of Aircraft. Type of Review: Renewal of an information collection. Background: Advisory Circular 70–2A provides guidance to civilian air crews on the reporting of laser illumination incidents and recommended mitigation actions to be taken in order to ensure continued safe and orderly flight operations. Information is collected from pilots and aircrews that are affected by an unauthorized illumination by lasers. The requested reporting involves an immediate broadcast notification to Air Traffic Control (ATC) when the incident occurs, as well as a broadcast warning of the incident if the aircrew is flying in uncontrolled airspace. In addition, the AC requests that the aircrew supply a written report of the incident and send it by fax or email to the Washington Operations Control Complex (WOCC) as soon as possible. Respondents: Approximately 1,100 pilots and crewmembers. Frequency: Information is collected on occasion. Estimated Average Burden per Response: 10 minutes. Estimated Total Annual Burden: 183 hours. Issued in Washington, DC, on September 1, 2022. Sandra Ray, Aviation Safety Inspector, Aviation Safety, Safety Standards, AFS–260. [FR Doc. 2022–19318 Filed 9–6–22; 8:45 am] BILLING CODE 4910–13–P PO 00000 Frm 00080 Fmt 4703 Sfmt 4703 54749 DEPARTMENT OF TRANSPORTATION National Highway Traffic Safety Administration [Docket No. NHTSA–2021–0079; Notice 2] Maserati North America, Inc., Grant of Petition for Decision of Inconsequential Noncompliance National Highway Traffic Safety Administration (NHTSA), Department of Transportation (DOT). ACTION: Grant of petition. AGENCY: Maserati North America, Inc., (MNA), has determined that certain model year (MY) 2014–2021 Maserati Ghibli, Quattroporte, and Levante motor vehicles do not fully comply with Federal Motor Vehicle Safety Standard (FMVSS) No. 208, Occupant Crash Protection. MNA filed a noncompliance report dated August 5, 2021. MNA subsequently petitioned NHTSA on August 30, 2021, and amended its petition on January 13, 2022, for a decision that the subject noncompliance is inconsequential as it relates to motor vehicle safety. This document announces the grant of MNA’s petition. FOR FURTHER INFORMATION CONTACT: Syed Rahaman, Office of Vehicle Safety Compliance, the National Highway Traffic Safety Administration (NHTSA), (202) 306–7018, Syed.Rahaman@ dot.gov. SUMMARY: SUPPLEMENTARY INFORMATION: I. Overview MNA has determined that certain MY 2014–2021 Maserati Levante, Ghibli, and Quattroporte motor vehicles do not fully comply with paragraph S4.5.1(b)(3) of FMVSS No. 208, Occupant Crash Protection (49 CFR 571.208). MNA filed a noncompliance report dated August 5, 2021, pursuant to 49 CFR part 573, Defect and Noncompliance Responsibility and Reports. MNA subsequently petitioned NHTSA on August 30, 2021, and amended its petition on January 13, 2022, for an exemption from the notification and remedy requirements of 49 U.S.C. Chapter 301 on the basis that this noncompliance is inconsequential as it relates to motor vehicle safety, pursuant to 49 U.S.C. 30118(d) and 30120(h) and 49 CFR part 556, Exemption for Inconsequential Defect or Noncompliance. Notice of receipt of MNA’s petition was published with a 30-day public comment period, on January 31, 2022, in the Federal Register (87 FR 4991). No comments were received. To view the E:\FR\FM\07SEN1.SGM 07SEN1

Agencies

Surface Transportation Board

[Federal Register Volume 87, Number 172 (Wednesday, September 7, 2022)]
[Notices]
[Pages 54748-54749]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-19321]


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SURFACE TRANSPORTATION BOARD

[Docket No. EP 552 (Sub-No. 26)]


Railroad Revenue Adequacy--2021 Determination

AGENCY: Surface Transportation Board.

ACTION: Notice of decision.

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SUMMARY: On September 6, 2022, the Board served a decision announcing 
the 2021 revenue adequacy determinations for the nation's Class I 
railroads. Five Class I railroads (BNSF Railroad Company, CSX 
Transportation, Inc., Norfolk Southern Combined Railroad Subsidiaries, 
Soo Line Corporation, and Union Pacific Railroad Company) were found to 
be revenue adequate.

DATES: This decision is effective on September 6, 2022.

FOR FURTHER INFORMATION CONTACT: Pedro Ramirez, (202) 245-0333. 
Assistance for the hearing impaired is available through the Federal 
Relay Service at (800) 877-8339.

SUPPLEMENTARY INFORMATION: Under 49 U.S.C. 10704(a)(3), the Board is 
required to make an annual determination of railroad revenue adequacy. 
A railroad is

[[Page 54749]]

considered revenue adequate under 49 U.S.C. 10704(a) if it achieves a 
rate of return on net investment (ROI) equal to at least the current 
cost of capital for the railroad industry. For 2020, this number was 
determined to be 10.37% in R.R. Cost of Capital--2021, EP 558 (Sub-No. 
25) (STB served Aug. 2, 2022). The Board then applied this revenue 
adequacy standard to each Class I railroad. Five Class I carriers (BNSF 
Railroad Company, CSX Transportation, Inc., Norfolk Southern Combined 
Railroad Subsidiaries, Soo Line Corporation, and Union Pacific Railroad 
Company) were found to be revenue adequate for 2021.
    The decision in this proceeding is posted at www.stb.gov.

    Decided: August 31, 2022.

    By the Board, Board Members Fuchs, Hedlund, Oberman, Primus, and 
Schultz.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2022-19321 Filed 9-6-22; 8:45 am]
BILLING CODE 4915-01-P

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