Product Change-Priority Mail Express, Priority Mail, and USPS Ground Advantage® Negotiated Service Agreement, 8730 [2024-02543]

Download as PDF 8730 Federal Register / Vol. 89, No. 27 / Thursday, February 8, 2024 / Notices 3642 and 3632(b)(3), on January 30, 2024, it filed with the Postal Regulatory Commission a USPS Request to Add Priority Mail & USPS Ground Advantage® Contract 178 to Competitive Product List. Documents are available at www.prc.gov, Docket Nos. MC2024–171, CP2024–177. Sean Robinson, Attorney, Corporate and Postal Business Law. [FR Doc. 2024–02537 Filed 2–7–24; 8:45 am] BILLING CODE 7710–12–P POSTAL SERVICE Product Change—Priority Mail and USPS Ground Advantage® Negotiated Service Agreement Postal ServiceTM. Notice. 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: February 8, 2024. 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 February 1, 2024, it filed with the Postal Regulatory Commission a USPS Request to Add Priority Mail & USPS Ground Advantage® Contract 182 to Competitive Product List. Documents are available at www.prc.gov, Docket Nos. MC2024–179, CP2024–185. SUMMARY: Sean Robinson, Attorney, Corporate and Postal Business Law. [FR Doc. 2024–02530 Filed 2–7–24; 8:45 am] BILLING CODE 7710–12–P POSTAL SERVICE Product Change—Priority Mail Express, Priority Mail, and USPS Ground Advantage® Negotiated Service Agreement Postal ServiceTM. ACTION: Notice. lotter on DSK11XQN23PROD with NOTICES1 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. SUMMARY: 17:34 Feb 07, 2024 well as make certain technical changes, as described in greater detail below.5 FOR FURTHER INFORMATION CONTACT: II. Clearing Agency’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the clearing agency 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 clearing agency has prepared summaries, set forth in sections A, B, and C below, of the most significant aspects of such statements. Sean C. Robinson, 202–268–8405. The United States Postal Service® hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on January 30, 2024, it filed with the Postal Regulatory Commission a USPS Request to Add Priority Mail Express, Priority Mail & USPS Ground Advantage® Contract 44 to Competitive Product List. Documents are available at www.prc.gov, Docket Nos. MC2024–173, CP2024–179. SUPPLEMENTARY INFORMATION: Sean C. Robinson, Attorney, Corporate and Postal Business Law. [FR Doc. 2024–02543 Filed 2–7–24; 8:45 am] Jkt 262001 SECURITIES AND EXCHANGE COMMISSION [Release No. 34–99462; File No. SR–FICC– 2024–002] Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Clarify How FICC Applies the Minimum Charge February 2, 2024. 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 January 25, 2024, Fixed Income Clearing Corporation (‘‘FICC’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change as described in Items I, II and III below, which Items have been prepared by the clearing agency. FICC filed the proposed rule change pursuant to Section 19(b)(3)(A) of the Act 3 and Rule 19b–4(f)(4) thereunder.4 The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. I. Clearing Agency’s Statement of the Terms of Substance of the Proposed Rule Change AGENCY: VerDate Sep<11>2014 Date of required notice: February 8, 2024. BILLING CODE 7710–12–P AGENCY: ACTION: DATES: The proposed rule change consists of modifications to the FICC MortgageBacked Securities Division (‘‘MBSD’’) Clearing Rules (‘‘MBSD Rules’’) to clarify how FICC applies the Minimum Charge (as defined below) at MBSD, as 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 15 U.S.C. 78s(b)(3)(A). 4 17 CFR 240.19b–4(f)(4). 2 17 PO 00000 Frm 00090 Fmt 4703 Sfmt 4703 (A) Clearing Agency’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change 1. Purpose FICC is proposing changes that would clarify the disclosures in the MBSD Rules related to FICC’s application of Minimum Charge at MBSD. Background As part of its market risk management strategy, FICC manages its credit exposure to Clearing Members by determining the appropriate Required Fund Deposit to the Clearing Fund and monitoring its sufficiency, as provided for in the MBSD Rules.6 The Required Fund Deposit serves as each Clearing Member’s margin. The objective of a Clearing Member’s Required Fund Deposit is to mitigate potential losses to FICC associated with liquidation of a Clearing Member’s portfolio in the event FICC ceases to act for that Clearing Member (hereinafter referred to as a ‘‘default’’).7 The aggregate of all Clearing Member’s Required Fund Deposits, together with certain other deposits required under the MBSD Rules, constitutes the Clearing Fund, which FICC would access, among other instances, should a defaulting Clearing Member’s own Clearing Fund deposit be insufficient to satisfy losses to FICC caused by the liquidation of that Clearing Member’s portfolio. Pursuant to the MBSD Rules, each Clearing Member’s Required Fund Deposit amount consists of a number of 5 Capitalized terms used herein and not defined shall have the meaning assigned to such terms in the MBSD Rules, available at www.dtcc.com/legal/ rules-and-procedures.aspx. 6 See MBSD Rule 4 (Clearing Fund and Loss Allocation), supra note 5. FICC’s market risk management strategy is designed to comply with Rule 17Ad–22(e)(4) under the Act, where these risks are referred to as ‘‘credit risks.’’ 17 CFR 240.17Ad–22(e)(4). 7 See MBSD Rule 17 (Procedures for When the Corporation Ceases to Act), supra note 5. E:\FR\FM\08FEN1.SGM 08FEN1

Agencies

[Federal Register Volume 89, Number 27 (Thursday, February 8, 2024)]
[Notices]
[Page 8730]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-02543]


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POSTAL SERVICE


Product Change--Priority Mail Express, Priority Mail, and USPS 
Ground Advantage[supreg] Negotiated Service Agreement

AGENCY: 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 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: February 8, 2024.

FOR FURTHER INFORMATION CONTACT: Sean C. 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 
January 30, 2024, it filed with the Postal Regulatory Commission a USPS 
Request to Add Priority Mail Express, Priority Mail & USPS Ground 
Advantage[supreg] Contract 44 to Competitive Product List. Documents 
are available at www.prc.gov, Docket Nos. MC2024-173, CP2024-179.

Sean C. Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2024-02543 Filed 2-7-24; 8:45 am]
BILLING CODE 7710-12-P
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