Competitive Price Adjustment
| Citation | 85 FR 74768 |
| Record Number | 2020-25753 |
| Published date | 23 November 2020 |
| Section | Notices |
| Court | Postal Regulatory Commission |
74768
Federal Register / Vol. 85, No. 226 / Monday, November 23, 2020 / Notices
status of meetings, contact Denise
McGovern at 301–415–0681 or via email
at Denise.McGovern@nrc.gov. The
schedule for Commission meetings is
subject to change on short notice.
The NRC Commission Meeting
Schedule can be found on the internet
at: https://www.nrc.gov/public-involve/
public-meetings/schedule.html.
The NRC provides reasonable
accommodation to individuals with
disabilities where appropriate. If you
need a reasonable accommodation to
participate in these public meetings or
need this meeting notice or the
transcript or other information from the
public meetings in another format (e.g.,
braille, large print), please notify Anne
Silk, NRC Disability Program Specialist,
at 301–287–0745, by videophone at
240–428–3217, or by email at
Anne.Silk@nrc.gov. Determinations on
requests for reasonable accommodation
will be made on a case-by-case basis.
Members of the public may request to
receive this information electronically.
If you would like to be added to the
distribution, please contact the Nuclear
Regulatory Commission, Office of the
Secretary, Washington, DC 20555 (301–
415–1969), or by email at Tyesha.Bush@
nrc.gov or Marcia.Pringle@nrc.gov.
The NRC is holding the meetings
under the authority of the Government
in the Sunshine Act, 5 U.S.C. 552b.
Dated: November 18, 2020.
For the Nuclear Regulatory Commission.
Denise L. McGovern,
Policy Coordinator, Office of the Secretary.
[FR Doc. 2020–25883 Filed 11–19–20; 11:15 am]
BILLING CODE 7590–01–P
NUCLEAR WASTE TECHNICAL
REVIEW BOARD
Board Meeting
December 2–3, 2020—The U.S.
Nuclear Waste Technical Review Board
will hold an online virtual public
meeting to review information on the
U.S. Department of Energy’s non-site-
specific geologic disposal research and
development program.
Pursuant to its authority under
section 5051 of Public Law 100–203,
Nuclear Waste Policy Amendments Act
(NWPAA) of 1987, the U.S. Nuclear
Waste Technical Review Board will
hold an online virtual public meeting on
Wednesday, December 2, 2020, and
Thursday, December 3, 2020, to review
information on U.S. Department of
Energy (DOE) non-site-specific geologic
disposal research and development
(R&D) program.
The meeting will begin on both days
at 12:00 p.m. Eastern Standard Time
(EST) and is scheduled to adjourn at
5:00 p.m. EST on both days. Speakers
representing the DOE Office of Nuclear
Energy and the national laboratories
conducting the work for DOE will report
on DOE’s non-site-specific geologic
disposal R&D program. Speakers will
describe DOE’s program, including its
purpose, scope, goals, technical
approach, and prioritization of
activities. Three presentations will
address the reference disposal concepts
and key considerations for a repository
sited in either crystalline, salt, and
argillite rock. Two speakers from abroad
will describe geologic disposal research
strategies in Europe. Next, speakers
from the national laboratories will
present DOE’s R&D activities, and their
prioritization, in other program areas
that address multiple disposal concepts.
These speakers will address the disposal
of dual-purpose canisters, geologic
disposal safety assessment, engineered
barrier systems, and will describe a
disposal concept and key considerations
for an unsaturated alluvium reference
case. The last presentation will address
prioritization of international activities
and DOE’s Disposal Research 5-year
Plan. A detailed meeting agenda will be
available on the Board’s website
approximately one week before the
meeting.
The meeting will be open to the
public, and opportunities for public
comment will be provided. Details on
how to comment publicly during the
meeting will be provided on the Board’s
website along with the details for
viewing the meeting. A limit may be set
on the time allowed for the presentation
of individual remarks. However, written
comments of any length may be
submitted to the Board staff by mail or
electronic mail. All comments received
in writing will be included in the
meeting record, which will be posted on
the Board’s website after the meeting.
An archived recording of the meeting
will be available on the Board’s website
following the meeting. The transcript of
the meeting will be available on the
Board’s website by February 3, 2021.
The Board was established in the
Nuclear Waste Policy Amendments Act
of 1987 as an independent federal
agency in the Executive Branch to
evaluate the technical and scientific
validity of DOE activities related to the
management and disposal of spent
nuclear fuel and high-level radioactive
waste, and to provide objective expert
advice to Congress and the Secretary of
Energy on these issues. Board members
are experts in their fields and are
appointed to the Board by the President
from a list of candidates submitted by
the National Academy of Sciences. The
Board reports its findings, conclusions,
and recommendations to Congress and
the Secretary of Energy. All Board
reports, correspondence, congressional
testimony, and meeting transcripts and
related materials are posted on the
Board’s website.
For information on the meeting
agenda, contact Bret Leslie at leslie@
nwtrb.gov or by phone 703–235–9132;
or Jo Jo Lee at lee@nwtrb.gov or by
phone 703–235–4485. For information
on logistics, or to request copies of the
meeting agenda or transcript, contact
Davonya Barnes at barnes@nwtrb.gov or
by phone 703–235–9141. All three may
be reached by mail at 2300 Clarendon
Boulevard, Suite 1300, Arlington, VA
22201–3367; or by fax at 703–235–4495.
Dated: November 17, 2020.
Nigel Mote,
Executive Director, U.S. Nuclear Waste
Technical Review Board.
[FR Doc. 2020–25724 Filed 11–20–20; 8:45 am]
BILLING CODE 6820–AM–P
POSTAL REGULATORY COMMISSION
[Docket No. CP2021–28; Order No. 5754]
Competitive Price Adjustment
AGENCY
: Postal Regulatory Commission.
ACTION
: Notice.
SUMMARY
: The Commission is
recognizing a recently filed Postal
Service document with the Commission
concerning changes in rates of general
applicability for competitive
international products. The changes are
scheduled to take effect January 24,
2021. This notice informs the public of
the filing, invites public comment, and
takes other administrative steps.
DATES
: Comments are due: December 2,
2020.
ADDRESSES
: Submit comments
electronically via the Commission’s
Filing Online system at http://
www.prc.gov. Those who cannot submit
comments electronically should contact
the person identified in the
FOR FURTHER
INFORMATION CONTACT
section by
telephone for advice on filing
alternatives.
FOR FURTHER INFORMATION CONTACT
:
David A. Trissell, General Counsel, at
202–789–6820.
SUPPLEMENTARY INFORMATION
:
Table of Contents
I. Introduction and Overview
II. Initial Administrative Actions
III. Ordering Paragraphs
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74769
Federal Register / Vol. 85, No. 226 / Monday, November 23, 2020 / Notices
1
USPS Notice of Changes in Rates of General
Applicability for Competitive Products, November
16, 2020 (Notice). Pursuant to 39 U.S.C. 3632(b)(2),
the Postal Service is obligated to publish the
Governors’ Decision and record of proceedings in
the Federal Register at least 30 days before the
effective date of the new rates.
2
Notice, Decision of the Governors of the United
States Postal Service on Changes in Rates of General
Applicability for Competitive Products (Governors’
Decision No. 20–5), at 1 (Governors’ Decision No.
20–5).
3
The upper end of this range corresponds to the
proposed change in prices for certain Developer’s
Kits. A breakdown of the proposed prices for
Address Enhancement Services by rate cell is
shown in the Notice, Attachment to Governor’s
Decision 20–5, §2605.
I. Introduction and Overview
On November 16, 2020, the Postal
Service filed notice with the
Commission concerning changes in
rates of general applicability for
competitive products.
1
The Postal
Service represents that, as required by
39 CFR 3035.102(b), the Notice includes
an explanation and justification for the
changes, the effective date, and a
schedule of the changed rates. See
Notice at 1. The changes are scheduled
to take effect on January 24, 2021. Id.
Attached to the Notice is Governors’
Decision No. 20–5, which states the new
prices are in accordance with 39 U.S.C.
3632 and 3633 and 39 CFR 3035.102.
2
The Governors’ Decision provides an
analysis of the competitive products’
price changes intended to demonstrate
that the changes comply with 39 U.S.C.
3633 and 39 CFR part 3035. Governors’
Decision No. 20–5 at 1. The attachment
to the Governors’ Decision sets forth the
price changes and includes draft Mail
Classification Schedule language for
competitive products of general
applicability.
The Governors’ Decision includes two
additional attachments:
•A partially redacted table showing
FY 2021 projected volumes, revenues,
attributable costs, contribution, and cost
coverage for each product, assuming
implementation of the new prices on
January 24, 2021.
•A partially redacted table showing
FY 2021 projected volumes, revenues,
attributable costs, contribution, and cost
coverage for each product, assuming a
hypothetical implementation of the new
prices on October 1, 2020.
The Notice also includes an
application for non-public treatment of
the attributable costs, contribution, and
cost coverage data in the unredacted
version of the annex to the Governors’
Decision, as well as the supporting
materials for the data. Notice at 1–2.
Planned price adjustments. The
Governors’ Decision includes an
overview of the Postal Service’s planned
price changes, which is summarized in
the table below.
T
ABLE
I–1 P
ROPOSED
P
RICE
C
HANGES
Product name Average price
increase
(percent)
Domestic Competitive Products
Priority Mail Express .......................................................................................................................................................................... 1.2
Retail ........................................................................................................................................................................................... 1.0
Commercial Base ....................................................................................................................................................................... 2.5
Commercial Plus ........................................................................................................................................................................ 2.5
Priority Mail ........................................................................................................................................................................................ 3.5
Retail ........................................................................................................................................................................................... 3.0
Commercial Base ....................................................................................................................................................................... 3.6
Commercial Plus ........................................................................................................................................................................ 4.5
Parcel Select ...................................................................................................................................................................................... 8.9
Destination Delivery Unit ............................................................................................................................................................ 4.9
Destination Sectional Center Facility ......................................................................................................................................... 10.7
Destination Network Distribution Center .................................................................................................................................... 9.7
Lightweight .................................................................................................................................................................................. 20.0
Parcel Return Service ........................................................................................................................................................................ 4.9
Return Sectional Center Facility ................................................................................................................................................. 4.9
Return Delivery Unit ................................................................................................................................................................... 4.9
First-Class Package Service ............................................................................................................................................................. 6.2
Retail ........................................................................................................................................................................................... 4.8
Commercial ................................................................................................................................................................................. 6.5
Retail Ground ..................................................................................................................................................................................... 3.0
Domestic Extra Services
Premium Forwarding Service Enrollment Fee .................................................................................................................................. 3.9–4.0
Adult Signature Service ..................................................................................................................................................................... ..........................
Basic ........................................................................................................................................................................................... 3.8
Person-Specific ........................................................................................................................................................................... 3.6
Address Enhancement Services .......................................................................................................................................................
3
3.7–100.0
Competitive Post Office Box .............................................................................................................................................................. 23.3
Package Intercept Service ................................................................................................................................................................. 4.1
Source: See Governors’ Decision No. 20–5 at 2–4 (showing percentage increases for products other than Adult Signature Service and Ad-
dress Enhancement Services and new prices for Adult Signature Service and Address Enhancement Services); Mail Classification Schedule sec-
tion 2645.1.2 (showing existing prices for Adult Signature Service); Mail Classification Schedule section 2605.2 (showing existing prices for Ad-
dress Enhancement Services).
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74770
Federal Register / Vol. 85, No. 226 / Monday, November 23, 2020 / Notices
1
15 U.S.C. 78s(b)(1).
2
17 CFR 240.19b–4.
3
15 U.S.C. 78s(b)(3)(A)(iii).
4
17 CFR 240.19b–4(f)(6).
5
As a result of the proposed Interpretation and
Policy, the proposed rule change accordingly
updates the subsequent Interpretation and Policy
numbering.
6
See Rule 1.1., which defines an ‘‘Order Entry
Firm’’ or ‘‘OEF’’ as a Trading Permit Holder that
represents as agent customer orders on the
Exchange or that is a non-Market-Maker conducting
proprietary trading.
II. Initial Administrative Actions
The Commission establishes Docket
No. CP2021–28 to consider the Postal
Service’s Notice. Interested persons may
express views and offer comments on
whether the planned changes are
consistent with 39 U.S.C. 3632, 3633,
and 3642, 39 CFR part 3035, and 39 CFR
3040 subparts B and E. Comments are
due no later than December 2, 2020. For
specific details of the planned price
changes, interested persons are
encouraged to review the Notice, which
is available on the Commission’s
website at www.prc.gov.
Pursuant to 39 U.S.C. 505,
Christopher C. Mohr is appointed to
serve as Public Representative to
represent the interests of the general
public in this docket.
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket
No. CP2021–28 to provide interested
persons an opportunity to express views
and offer comments on whether the
planned changes are consistent with 39
U.S.C. 3632, 3633, and 3642, 39 CFR
part 3035, and 39 CFR 3040 subparts B
and E.
2. Comments are due no later than
December 2, 2020.
3. Pursuant to 39 U.S.C. 505, the
Commission appoints Christopher C.
Mohr to serve as an officer of the
Commission (Public Representative) to
represent the interests of the general
public in this docket.
4. The Secretary shall arrange for
publication of this Order in the Federal
Register.
By the Commission.
Erica A. Barker,
Secretary.
[FR Doc. 2020–25753 Filed 11–20–20; 8:45 am]
BILLING CODE 7710–FW–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–90440; File No. SR–CBOE–
2020–109]
Self-Regulatory Organizations; Cboe
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Amend Its
Interpretations and Policies to Rule
5.33 in Connection With Market-
Makers’ Complex Orders, Quoting
Obligations and Volume
November 17, 2020.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),
1
and Rule 19b–4 thereunder,
2
notice is hereby given that on November
3, 2020, Cboe Exchange, Inc. (the
‘‘Exchange’’ or ‘‘Cboe Options’’) filed
with the Securities and Exchange
Commission (the ‘‘Commission’’) the
proposed rule change as described in
Items I, II, and III below, which Items
have been prepared by the Exchange.
The Exchange filed the proposal
pursuant to Section 19(b)(3)(A)(iii) of
the Act
3
and Rule 19b–4(f)(6)
thereunder.
4
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
Cboe Exchange, Inc. (the ‘‘Exchange’’
or ‘‘Cboe’’) proposes to amend its
Interpretations and Policies to Rule 5.33
in connection with Market-Makers’
complex orders, quoting obligations and
volume. The text of the proposed rule
change is provided in Exhibit 5.
The text of the proposed rule change
is also available on the Exchange’s
website (http://www.cboe.com/
AboutCBOE/
CBOELegalRegulatoryHome.aspx), at
the Exchange’s Office of the Secretary,
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 adopt new
Interpretation and Policy .02 to Rule
5.33 to codify how complex strategy
volume is counted when determining
whether a Market-Maker exceeds the
25% volume threshold in its non-
appointed classes pursuant to Rule
5.52(g) and when determining whether
a Market-Maker exceeds the electronic
volume thresholds in its appointed
classes pursuant to 5.52(d)(1) and
(d)(2).
5
The Exchange also proposes to
make clarifying, nonsubstantive updates
to Interpretation and Policy .01 to Rule
5.33.
Rule 5.33 governs trading of complex
orders on the Exchange and, currently,
Interpretation and Policy .01 to Rule
5.33 specifically provides that Market-
Makers are not required to quote on the
Complex Order Book (‘‘COB’’). Complex
strategies are not subject to any quoting
requirements that are applicable to
Market-Makers in the simple market for
individual options series or classes.
Interpretation and Policy .01 to Rule
5.33 also states that volume executed in
complex strategies is not taken into
consideration when determining
whether Market Makers are meeting
quoting obligations applicable to Market
Makers in the simple market for
individual options. The proposed rule
change updates Interpretation and
Policy .01 to Rule 5.33 as it
inadvertently refers to volume executed
rather than orders, as ‘‘quoting’’
obligations relate to the submission of
quotes and orders rather than executed
volume. More specifically, pursuant to
Rule 5.52, a Market-Maker’s bids and
offers entered in the simple market are
considered in determining whether a
Market-Maker satisfies its quoting
obligations, therefore, the proposed rule
change amends Interpretation and
Policy .01 to Rule 5.33 to more
appropriately reflect this. The proposed
change also harmonizes the spelling of
Market-Maker with the definition set
forth in Rule 1.1 and updates the
language to read in plain English, and,
to the extent possible, with the language
in corresponding Interpretation and
Policy .01 to Rule 6.13 of its affiliated
options exchange, Cboe C2 Exchange,
Inc. (‘‘C2’’).
Current Rule 5.52(g) provides that a
Market-Maker is considered an order
entry firm (‘‘OEF’’)
6
under the Rules in
all classes in which the Market-Maker
has no appointment, and limits the total
number of contracts a Market-Maker
may execute in classes in which it has
no appointment to 25% of the total
number of all contracts the Market-
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