12562 Federal Register / Vol. 79, No. 43 / Wednesday, March 5, 2014 / Notices 

64See FIF Letter at 2–3. 

65See FINRA Response at 7. 

66See id. FINRA also notes that, pursuant to the 

original filing, the proposed amendments to the 

OATS rules will be implemented no later than 45 

days after Commission approval. 

67 15 U.S.C. 78o–3(b). In approving this proposed 

rule change, the Commission has considered the 

proposed rule’s impact on efficiency, competition, 

and capital formation. See 15 U.S.C. 78c(f). 

68 15 U.S.C. 78o–3(b)(6). 69 15 U.S.C. 78o–3(b)(6). 

70 15 U.S.C. 78s(b)(2). 

71 15 U.S.C. 78s(b)(2). 

72 17 CFR 200.30–3(a)(12). 

months of the implementation date.64

FINRA responds that it believes that 

firms will have sufficient time to make 

the necessary systems changes for the 

ORF implementation, currently 

scheduled on June 2, 2014, and for the 

implementation no later than September 

30, 2014 for the ADF and TRFs.65

FINRA notes that it will announce the 

implementation dates in a Regulatory 

Notice.66

III. Discussion and Commission 

Findings 

After careful review, the Commission 

finds that the proposed rule change is 

consistent with the requirements of the 

Act and the rules and regulations 

thereunder applicable to a national 

securities exchange and, in particular, 

with Section 15A(b) of the Act.67 In 

particular, the Commission finds that 

the proposed rule change is consistent 

with FINRA believes that the proposed 

rule change is consistent with the 

provisions of Section 15A(b)(6) of the 

Act,68 which requires, among other 

things, that FINRA rules must be 

designed to prevent fraudulent and 

manipulative acts and practices, to 

promote just and equitable principles of 

trade, and, in general, to protect 

investors and the public interest. 

FINRA proposes to amend the equity 

trade reporting rules relating to 

reporting: (i) an additional time field for 

specified trades; (ii) execution time in 

milliseconds; (iii) reversals; (iv) trades 

executed on non-business days and 

trades that are more than one year old; 

and (v) ‘‘step-outs.’’ In addition, FINRA 

proposes changes in the processing of 

trades that are submitted to a FINRA 

Facility for clearing as well as technical 

changes to the rules relating to the OTC 

Reporting Facility (‘‘ORF’’) and 

codifying existing OATS guidance 

regarding reporting order event times to 

OATS in milliseconds. The Commission 

believes that the proposed changes 

should enhance FINRA’s audit trail and 

automated surveillance program, 

promote more consistent trade reporting 

by members, and aid in the detection of 

violations of FINRA trade reporting and 

other rules. 

The Commission notes that FIF 

submitted a comment letter containing 

primarily clarifying questions and that 

FINRA submitted a response addressing 

these clarifying questions. The FIF 

Letter requested a substantive change to 

the proposal—that the ORF closing time 

remain 8 p.m. In its response in 

Amendment No. 1, FINRA proposed 

keeping the ORF closing time of 8 p.m. 

For the foregoing reasons, the 

Commission finds that the proposed 

rule change is consistent with Section 

15A(b)(6) of the Act and the rules and 

regulations thereunder applicable to a 

national securities association.69

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether Amendment No. 1 is 

consistent with the Act. Comments may 

be submitted by any of the following 

methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/

rules/sro.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include File Number SR– 

FINRA–2013–050 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Elizabeth M. Murphy, Secretary, 

Securities and Exchange Commission, 

100 F Street NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number SR–FINRA–2013–050. 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 

Web site (http://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 

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 Web site 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 such 

filing also will be available for 

inspection and copying at the principal 

office of the Exchange. All comments 

received will be posted without change; 

the Commission does not edit personal 

identifying information from 

submissions. You should submit only 

information that you wish to make 

publicly available. All submissions 

should refer to File Number SR–FINRA– 

2013–050 and should be submitted on 

or before [insert date 21 days from 

publication in the Federal Register]. 

V. Accelerated Approval of Proposed 

Rule Change, as Modified by 

Amendment No. 1 

The Commission finds good cause for 

approving the proposed rule change, as 

amended by Amendment No. 1 prior to 

the 30th day after the date of 

publication of notice in the Federal 

Register. Amendment No. 1 proposes 

maintaining the current 8:00 p.m. 

closing time of the ORF and includes 

technical amendments to update crossreferences and make other nonsubstantive changes to Rules 6282, 7130 

and 7140 relating to the ADF as the 

result of the approval of SR–FINRA– 

2013–053. Accordingly, the Commission 

finds good cause for approving the 

proposed rule change, as amended, on 

an accelerated basis, pursuant to Section 

19(b)(2) of the Act.70

VI. Conclusion 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act,71 that the 

proposed rule change (SR–FINRA– 

2013–050), is hereby approved, as 

modified by Amendment No. 1 on an 

accelerated basis. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.72

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2014–04792 Filed 3–4–14; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF STATE 

[Delegation of Authority No. 236–4] 

Re-Delegation by the Assistant 

Secretary of State for Educational and 

Cultural Affairs to the Principal Deputy 

Assistant Secretary for Educational 

and Cultural Affairs of Authority Under 

Section 102 of the Mutual Educational 

and Cultural Exchange Act of 1961, as 

Amended 

By virtue of the authority vested in 

me as the Assistant Secretary of State for 

mstockstill on DSK4VPTVN1PROD with NOTICES

Federal Register / Vol. 79, No. 43 / Wednesday, March 5, 2014 / Notices 12563 

Educational and Cultural Affairs, 

including by Delegation of Authority 

No. 236–3 (August 28, 2000), and to the 

extent permitted by law, I hereby redelegate to the Principal Deputy 

Assistant Secretary for Educational and 

Cultural Affairs the functions in section 

102 of the Mutual Educational and 

Cultural Exchange Act of 1961, as 

amended (22 U.S.C. § 2452) relating to 

the provision by grant, contract or 

otherwise for a wide variety of 

educational and cultural exchanges. 

Notwithstanding this Delegation, the 

Secretary, the Deputy Secretary, the 

Deputy Secretary for Management and 

Resources, the Under Secretary for 

Public Diplomacy and Public Affairs, 

and the Assistant Secretary for 

Educational and Cultural Affairs may at 

any time exercise the functions 

delegated herein. 

Any reference in this Delegation of 

Authority to any statute or delegation of 

authority shall be deemed to be a 

reference to such statute or delegation of 

authority as amended from time to time. 

This Delegation shall be published in 

the Federal Register. 

Dated: January 31, 2014. 

Evan Ryan, 

Assistant Secretary for Educational and 

Cultural Affairs, U.S. Department of State. 

[FR Doc. 2014–04869 Filed 3–4–14; 8:45 am] 

BILLING CODE 4710–05–P 

DEPARTMENT OF STATE 

[Delegation of Authority No. 370] 

Authority To Promulgate Regulations 

Under Department of State 

Standardized Regulation 013 

By virtue of the authority vested in 

the Secretary of State by the Department 

of State Standardized Regulations and 

the authorities therefore, and pursuant 

to the authority vested in me by 

Delegation of Authority No. 198, dated 

September 16, 1992, I hereby delegate to 

the Executive Director for the Bureau of 

Human Resources, to the extent 

authorized by law, the authority of the 

Secretary to promulgate implementing 

regulations pursuant to Department of 

State Standardized Regulation 013, and 

to set appropriate policies and 

procedures. 

Notwithstanding this delegation of 

authority, the Secretary, the Deputy 

Secretary, the Deputy Secretary for 

Management and Resources, and the 

Under Secretary for Management, may 

at any time exercise the authority herein 

delegated. 

This delegation of authority will be 

published in the Federal Register. 

Dated: February 16, 2014. 

Patrick F. Kennedy, 

Under Secretary of State for Management. 

[FR Doc. 2014–04896 Filed 3–4–14; 8:45 am] 

BILLING CODE 4710–15–P 

DEPARTMENT OF TRANSPORTATION 

Global Positioning System PreOperational Civil Navigation; Message 

Continuous Broadcast 

AGENCY: Office of the Assistant 

Secretary for Research and Technology, 

Department of Transportation. 

ACTION: Notice; request for public 

comments. 

SUMMARY: The purpose of this notice is 

to seek comment from the public and 

industry regarding plans by the United 

States Air Force to broadcast preoperational L2C and L5 civil navigation 

(CNAV) messages from certain Global 

Positioning System (GPS) satellites 

beginning in April 2014. These 

messages will be formatted in 

accordance with Interface Specifications 

IS–GPS–200G and IS–GPS–705C, each 

dated 31 Jan 2013. However, a preoperational signal means the availability 

and other characteristics of the 

broadcast signal may not comply with 

all requirements of the relevant Interface 

Specifications and should be employed 

at the users’ own risk. 

The Department of Transportation 

seeks comments on: (a) The benefits, 

risks, or issues to users from this plan, 

including comments on the appropriate 

timeline for broadcasting preoperational CNAV messages. Comments 

are requested from industry on: (b) the 

receiver development benefits and other 

intended uses of pre-operational signals, 

and (c) the benefits and potential 

impacts to users of continuous preoperational CNAV messages with L2C 

and L5 signals set healthy. 

DATES: Submit comments on or before 

April 4, 2014. 

ADDRESSES: You may submit comments 

identified by docket number [DOT– 

OST–2014–0028] using any one of the 

following methods: 

(1) Federal eRulemaking Portal: 

http://www.regulations.gov. 

(2) Fax: 202–493–2251. 

(3) Mail: Docket Management Facility 

(M–30), U.S. Department of 

Transportation, West Building Ground 

Floor, Room W12–140, 1200 New Jersey 

Avenue SE., Washington, DC 20590– 

0001. 

(4) Hand delivery: Same as mail 

address above, between 9 a.m. and 5 

p.m., Monday through Friday, except 

Federal holidays. The telephone number 

is 202–366–9329. 

To avoid duplication, please use only 

one of these four methods. See the 

‘‘Public Participation’’ portion of the 

SUPPLEMENTARY INFORMATION section 

below for instructions on submitting 

comments. 

Confidential Business Information: If 

you wish to submit any information 

under a claim of confidentiality, you 

should submit three copies of your 

complete submission, including the 

information you claim to be confidential 

business information, to the address 

given below under FOR FURTHER

INFORMATION CONTACT. In addition, you 

should submit a copy from which you 

have deleted the claimed confidential 

business information to the docket. 

When you send a comment containing 

information identified as confidential 

business information, you should 

include a cover letter setting forth the 

reasons you believe the information 

qualifies as ‘‘confidential business 

information’’. (49 CFR 7.17) 

FOR FURTHER INFORMATION CONTACT: If 

you have questions on this notice or 

would like to schedule a discussion, 

contact Karen L. Van Dyke, Office of the 

Assistant Secretary for Research and 

Technology Administration, Director 

Positioning, Navigation, and Timing and 

Spectrum Management, telephone 202– 

366–3180 or email karen.vandyke@

dot.gov. If you have questions on 

viewing or submitting material to the 

docket, call Barbara Hairston, Docket 

Operations, telephone 202–366–9826. 

SUPPLEMENTARY INFORMATION: 

Background and Purpose 

The United States Government is 

currently adding new civil signals to the 

GPS constellation, including L2C and 

L5. The Commander of the United 

States Air Force Space Command 

directed that, beginning in April 2014, 

GPS satellites will broadcast navigation 

messages on the L2C and L5 signals to 

facilitate development of compatible 

user equipment and CNAV operational 

procedures. This extended preoperational continuous broadcast is the 

next phase of development of a new 

capability based on the testing done in 

June 2013, per 78 Federal Register 

Notice 17185, March 20, 2013. This 

broadcast message capability is to be 

implemented using current GPS ground 

control capabilities in advance of more 

automated capabilities to become 

operational with the Next Generation 

GPS Operational Control System, called 

OCX. 

The CNAV message broadcasts 

planned to begin in April 2014 will be 

mstockstill on DSK4VPTVN1PROD with NOTICES