International Product Change-Priority Mail Express International, Priority Mail International & First-Class Package International Service Agreement, 65685 [2024-17835]

Download as PDF Federal Register / Vol. 89, No. 155 / Monday, August 12, 2024 / Notices Under Seal; Filing Acceptance Date: August 6, 2024; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 through 3040.135, and 39 CFR 3035.105; Public Representative: Jennaca D. Upperman; Comments Due: August 14, 2024. This Notice will be published in the Federal Register. [Release No. 34–100663; File No. SR–ISE– 2024–34] Erica A. Barker, Secretary. Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing of Proposed Rule Change To Amend ISE Options 4, Section 3 To List and Trade Options on Units That Represent Interests in a Trust That Holds Ether (‘‘Ether ETPs’’) [FR Doc. 2024–17893 Filed 8–9–24; 8:45 am] August 6, 2024. BILLING CODE 7710–FW–P Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’ or ‘‘Exchange Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on July 22, 2024, Nasdaq ISE, LLC (‘‘ISE’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change as described in Items I and II 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. POSTAL SERVICE International Product Change—Priority Mail Express International, Priority Mail International & First-Class Package International Service Agreement AGENCY: ACTION: Postal ServiceTM. Notice. The Postal Service gives notice of filing a request with the Postal Regulatory Commission to add a Priority Mail Express International, Priority Mail International & First-Class Package International Service contract to the list of Negotiated Service Agreements in the Competitive Product List in the Mail Classification Schedule. SUMMARY: DATES: Date of notice: August 12, 2024. FOR FURTHER INFORMATION CONTACT: Christopher C. Meyerson, (202) 268– 7820. The United States Postal Service® hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on August 1, 2024, it filed with the Postal Regulatory Commission a USPS Request to Add Priority Mail Express International, Priority Mail International & First-Class Package International Service Contract 41 to Competitive Product List. Documents are available at www.prc.gov, Docket Nos. MC2024–459 and CP2024–466. SUPPLEMENTARY INFORMATION: Christopher Doyle, Attorney, Ethics and Legal Compliance. [FR Doc. 2024–17835 Filed 8–9–24; 8:45 am] khammond on DSKJM1Z7X2PROD with NOTICES SECURITIES AND EXCHANGE COMMISSION BILLING CODE 7710–12–P I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The Exchange to [sic] amend Options 4, Section 3, Criteria for Underlying Securities. The text of the proposed rule change is available on the Exchange’s website at https://listingcenter.nasdaq.com/ rulebook/ise/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 The Exchange proposes to amend Options 4, Section 3, Criteria for Underlying Securities. Specifically, the 1 15 2 17 VerDate Sep<11>2014 17:30 Aug 09, 2024 Jkt 262001 PO 00000 U.S.C. 78s(b)(1). CFR 240.19b–4. Frm 00105 Fmt 4703 Sfmt 4703 65685 Exchange proposes to amend Options 4, Section 3(h) to allow the Exchange to list and trade options on units that represent interests in a trust that hold ether (‘‘Ether ETPs’’), designating them as Exchange-Traded Fund Shares (‘‘ETFs’’) deemed appropriate for options trading on the Exchange. Options 4, Section 3(h) provides that, subject to certain other criteria set forth in that Rule, securities deemed appropriate for options trading include ETFs that represent certain types of interests,3 including interests in certain specific trusts that hold financial instruments, money market instruments, or precious metals (which are deemed commodities).4 Ether ETPs are ether-backed commodity ETPs structured as trusts.5 Similar to any ETF currently deemed appropriate for options trading under Options 4, Section 3(h), the investment objective of an Ether ETP trust is to reflect generally the performance of the price of ether (before payment of the trust’s expenses and liabilities), offering investors an opportunity to gain exposure to ether without the complexities of ether delivery. As is the case for ETFs currently deemed appropriate for options trading, a [sic] Ether ETP’s shares represent units of fractional undivided beneficial interest in the trust, the assets of which consist principally of ether and are designed to track ether or the performance of the price of ether and offer access to the ether market.6 Ether ETPs provide investors with cost-efficient alternatives that allow a level of participation in the ether market through the securities market. The primary substantive difference between Ether ETPS and ETFs currently deemed appropriate for 3 Options 4, Section 3(h) provides that securities deemed appropriate for options trading shall include shares or other securities (‘‘ExchangeTraded Fund Shares’’ or ‘‘ETFs’’) that are traded on a national securities exchange and are defined as an ‘‘NMS’’ stock under Rule 600 of Regulation NMS, and that meet certain criteria specified in Options 4, Section 3(h), including that they: . . . (iv) represent interests in the SPDR® Gold Trust, the iShares COMEX Gold Trust, the iShares Silver Trust, or the ETFS Gold Trust . . .’’. In addition to the aforementioned requirements, Options 4, Section 3(h)(1) and (2) must be met to list options on ETFs. 4 The Commission recently approved a rule change to list and trade shares of the Trust pursuant to Rule 5711(d) of The Nasdaq Stock Exchange LLC (‘‘Commodity-Based Trust Shares’’). See Securities Exchange Act Release No. 100224 (May 23, 2024), 89 FR 46937 (May 30, 2024) (SR–NASDAQ–2023– 045) (hereinafter ‘‘SR–NASDAQ–2023–045’’). The Exchange represents it would not list options on a trust unless it satisfied all applicable criteria in Options 4, Section 3. 5 Pursuant to Options 4, Section 3(a), the Exchange would only have authority to list and trade ETFs that are trading as NMS stocks. 6 The trust may include minimal cash. E:\FR\FM\12AUN1.SGM 12AUN1

Agencies

[Federal Register Volume 89, Number 155 (Monday, August 12, 2024)]
[Notices]
[Page 65685]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-17835]


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POSTAL SERVICE


International Product Change--Priority Mail Express 
International, Priority Mail International & First-Class Package 
International 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 Priority Mail Express 
International, Priority Mail International & First-Class Package 
International Service contract to the list of Negotiated Service 
Agreements in the Competitive Product List in the Mail Classification 
Schedule.

DATES: Date of notice: August 12, 2024.

FOR FURTHER INFORMATION CONTACT: Christopher C. Meyerson, (202) 268-
7820.

SUPPLEMENTARY INFORMATION: The United States Postal Service[supreg] 
hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on 
August 1, 2024, it filed with the Postal Regulatory Commission a USPS 
Request to Add Priority Mail Express International, Priority Mail 
International & First-Class Package International Service Contract 41 
to Competitive Product List. Documents are available at www.prc.gov, 
Docket Nos. MC2024-459 and CP2024-466.

Christopher Doyle,
Attorney, Ethics and Legal Compliance.
[FR Doc. 2024-17835 Filed 8-9-24; 8:45 am]
BILLING CODE 7710-12-P
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