Federal Register / Vol. 89, No. 204 / Tuesday, October 22, 2024 / Notices 84405 

8. Docket No(s).: MC2025–85 and 

K2025–83; Filing Title: USPS Request to 

Add Priority Mail Express, Priority Mail 

& USPS Ground Advantage Contract 481 

to the Competitive Product List and 

Notice of Filing Materials Under Seal; 

Filing Acceptance Date: October 15, 

2024; Filing Authority: 39 U.S.C. 3642, 

39 CFR 3035.105, and 39 CFR 3041.310; 

Public Representative: Gregory S. 

Stanton; Comments Due: October 23, 

2024. 

9. Docket No(s).: MC2025–86 and 

K2025–84; Filing Title: USPS Request to 

Add Priority Mail Express, Priority Mail 

& USPS Ground Advantage Contract 482 

to the Competitive Product List and 

Notice of Filing Materials Under Seal; 

Filing Acceptance Date: October 15, 

2024; Filing Authority: 39 U.S.C. 3642, 

39 CFR 3035.105, and 39 CFR 3041.310; 

Public Representative: Gregory S. 

Stanton; Comments Due: October 23, 

2024. 

10. Docket No(s).: MC2025–87 and 

K2025–85; Filing Title: USPS Request to 

Add Priority Mail Express, Priority Mail 

& USPS Ground Advantage Contract 483 

to the Competitive Product List and 

Notice of Filing Materials Under Seal; 

Filing Acceptance Date: October 15, 

2024; Filing Authority: 39 U.S.C. 3642, 

39 CFR 3035.105, and 39 CFR 3041.310; 

Public Representative: Almaroof Agoro; 

Comments Due: October 23, 2024. 

11. Docket No(s).: MC2025–88 and 

K2025–86; Filing Title: USPS Request to 

Add Priority Mail Express, Priority Mail 

& USPS Ground Advantage Contract 484 

to the Competitive Product List and 

Notice of Filing Materials Under Seal; 

Filing Acceptance Date: October 15, 

2024; Filing Authority: 39 U.S.C. 3642, 

39 CFR 3035.105, and 39 CFR 3041.310; 

Public Representative: Almaroof Agoro; 

Comments Due: October 23, 2024. 

12. Docket No(s).: MC2025–89 and 

K2025–87; Filing Title: USPS Request to 

Add Priority Mail & USPS Ground 

Advantage Contract 390 to the 

Competitive Product List and Notice of 

Filing Materials Under Seal; Filing 

Acceptance Date: October 15, 2024; 

Filing Authority: 39 U.S.C. 3642, 39 CFR 

3035.105, and 39 CFR 3041.310; Public 

Representative: Almaroof Agoro; 

Comments Due: October 23, 2024. 

13. Docket No(s).: MC2025–90 and 

K2025–88; Filing Title: USPS Request to 

Add Priority Mail & USPS Ground 

Advantage Contract 391 to the 

Competitive Product List and Notice of 

Filing Materials Under Seal; Filing 

Acceptance Date: October 15, 2024; 

Filing Authority: 39 U.S.C. 3642, 39 CFR 

3035.105, and 39 CFR 3041.310; Public 

Representative: Christopher C. Mohr; 

Comments Due: October 23, 2024. 

14. Docket No(s).: MC2025–91 and 

K2025–89; Filing Title: USPS Request to 

Add Priority Mail Express, Priority Mail 

& USPS Ground Advantage Contract 485 

to the Competitive Product List and 

Notice of Filing Materials Under Seal; 

Filing Acceptance Date: October 15, 

2024; Filing Authority: 39 U.S.C. 3642, 

39 CFR 3035.105, and 39 CFR 3041.310; 

Public Representative: Arif Hafiz; 

Comments Due: October 23, 2024. 

15. Docket No(s).: MC2025–92 and 

K2025–90; Filing Title: USPS Request to 

Add Priority Mail & USPS Ground 

Advantage Contract 392 to the 

Competitive Product List and Notice of 

Filing Materials Under Seal; Filing 

Acceptance Date: October 15, 2024; 

Filing Authority: 39 U.S.C. 3642, 39 CFR 

3035.105, and 39 CFR 3041.310; Public 

Representative: Arif Hafiz; Comments 

Due: October 23, 2024. 

16. Docket No(s).: MC2025–93 and 

K2025–91; Filing Title: USPS Request to 

Add Priority Mail & USPS Ground 

Advantage Contract 393 to the 

Competitive Product List and Notice of 

Filing Materials Under Seal; Filing 

Acceptance Date: October 15, 2024; 

Filing Authority: 39 U.S.C. 3642, 39 CFR 

3035.105, and 39 CFR 3041.310; Public 

Representative: Maxine Bradley; 

Comments Due: October 23, 2024. 

17. Docket No(s).: MC2025–94 and 

K2025–91; Filing Title: USPS Request to 

Add Priority Mail Express, Priority Mail 

& USPS Ground Advantage Contract 486 

to the Competitive Product List and 

Notice of Filing Materials Under Seal; 

Filing Acceptance Date: October 15, 

2024; Filing Authority: 39 U.S.C. 3642, 

39 CFR 3035.105, and 39 CFR 3041.310; 

Public Representative: Maxine Bradley; 

Comments Due: October 23, 2024. 

III. Summary Proceeding(s) 

None. See Section II for public 

proceedings. 

This Notice will be published in the 

Federal Register. 

Erica A. Barker, 

Secretary. 

[FR Doc. 2024–24354 Filed 10–21–24; 8:45 am] 

BILLING CODE 7710–FW–P 

POSTAL SERVICE 

Addition of New Market Dominant 

Product: ‘‘Connect Local Mail’’ 

AGENCY: Postal ServiceTM. 

ACTION: Notice of request to convert 

experimental product to a permanent 

offering. 

SUMMARY: The Postal Service gives 

notice its request to convert an 

experimental product to a permanent 

offering in accordance with statutory 

requirements. 

DATES: October 22, 2024. 

FOR FURTHER INFORMATION CONTACT: 

Sean C. Robinson, 202–268–8405. 

SUPPLEMENTARY INFORMATION: The 

United States Postal Service hereby 

gives notice pursuant to 39 U.S.C. 

3642(d)(1) that it plans to add a new 

product to the market dominant product 

list based on the experimental product 

‘‘Connect Local Mail’’ on January 1, 

2025. On October 3, 2024, the Postal 

Service filed with the Postal Regulatory 

Commission a request setting out the 

basis for the Postal Service’s 

determination that the new product 

meets the criteria established under 39 

U.S.C. 3642(b), as discussed below. 

Documents are available at 

www.prc.gov, Docket No. MC2025–19. 

Connect Local Mail is properly 

classified as a market dominant price 

category under chapter 36 of title 39 of 

the United States Code and is consistent 

with the applicable criteria of the 

chapter. Firms offering products similar 

to Connect Local Mail are sufficiently 

distinguishable that the Postal Service 

believes Connect Local Mail operates 

largely in a distinct market unto itself. 

Moreover, Connect Local Mail is 

currently subject to the letter monopoly, 

and hence must be categorized as 

market dominant for that reason. 

Connect Local Mail is designed for the 

local delivery of documents, fitting into 

the definition of ‘‘letter’’ under 39 CFR 

310.1 as a ‘‘message directed to a 

specific person or address and recorded 

in or on a tangible object.’’ A private 

express established for the conveyance 

of such documents for compensation at 

the established price point would be 

prohibited under 18 U.S.C. 1696(a). 

Therefore, Connect Local Mail, like the 

other price categories under First-Class 

Mail, is covered by the postal monopoly 

reserved to the Postal Service under 18 

U.S.C. 1696. 

The Postal Service views potential 

substitutes for Connect Local Mail to be 

local couriers and messengers delivering 

documents, overnight and/or 2-day 

delivery services offered by large 

national competitors, and smaller 

companies that deliver documents on an 

expedited basis. Connect Local Mail 

will not create an unfair or 

inappropriate advantage for the Postal 

Service compared to other small 

businesses in this space, such as local 

courier services. Local courier services 

typically build in pick-up on demand 

services, which justify a higher price 

and differentiate their services from 

Connect Local Mail. Connect Local Mail 


ddrumheller on DSK120RN23PROD with NOTICES1
84406 Federal Register / Vol. 89, No. 204 / Tuesday, October 22, 2024 / Notices 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 100877 

(Aug. 29, 2024), 89 FR 72524. 

4 15 U.S.C. 78s(b)(2). 

5 Id. 

6 17 CFR 200.30–3(a)(31). 

1 15 U.S.C. 78s(b)(1). 

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

4The term ‘‘Regular Trading Hours’’ means the 

time between 9:30 a.m. and 4:00 p.m. Eastern Time. 

See Exchange Rule 1901. 

5The term ‘‘Equity Member’’ is a Member 

authorized by the Exchange to transact business on 

MIAX Pearl Equities. See id. 

6The term ‘‘System’’ means the automated 

trading system used by the Exchange for the trading 

of securities. See Exchange Rule 100. 

7See Exchange Rule 1901. 

is in line-of-travel for pick-up and dropoff; there is no direct end-to-end 

transport offered by Connect Local Mail, 

and it is therefore not as responsive or 

customizable as a local courier service. 

In many ways, Connect Local Mail also 

offers same-day delivery on a more 

limited basis than a local courier 

service. It is better suited to businesses 

who regularly schedule local deliveries 

(such as mailing bills to their 

customers), allowing them to plan to 

meet the requirements for Connect Local 

Mail (e.g., drop-off at a designated entry 

unit by the Critical Entry Time, mail 

prepared in time for carrier pick-up in 

their line-of-travel). It is not as well 

suited to the type of ad hoc document 

delivery that courier services specialize 

in. 

Sean C. Robinson, 

Attorney, Corporate and Postal Business Law. 

[FR Doc. 2024–24398 Filed 10–21–24; 8:45 am] 

BILLING CODE 7710–12–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–101360; File No. SR– 

NYSEARCA–2024–70] 

Self-Regulatory Organizations; NYSE 

Arca, Inc.; Notice of Designation of a 

Longer Period for Commission Action 

on a Proposed Rule Change To List 

and Trade Shares of the COtwo 

Advisors Physical European Carbon 

Allowance Trust Under NYSE Arca 

Rule 8.201–E (Commodity-Based Trust 

Shares) 

October 16, 2024. 

On August 19, 2024, NYSE Arca, Inc. 

filed with the Securities and Exchange 

Commission (‘‘Commission’’), pursuant 

to Section 19(b)(1) of the Securities 

Exchange Act of 1934 (‘‘Act’’) 1 and Rule 

19b–4 thereunder,2 a proposed rule 

change to list and trade shares of the 

COtwo Advisors Physical European 

Carbon Allowance Trust. The proposed 

rule change was published for comment 

in the Federal Register on September 5, 

2024.3 The Commission has received no 

comments on the proposed rule change. 

Section 19(b)(2) of the Act 4 provides 

that within 45 days of the publication of 

notice of the filing of a proposed rule 

change, or within such longer period up 

to 90 days as the Commission may 

designate if it finds such longer period 

to be appropriate and publishes its 

reasons for so finding, or as to which the 

self-regulatory organization consents, 

the Commission shall either approve the 

proposed rule change, disapprove the 

proposed rule change, or institute 

proceedings to determine whether the 

proposed rule change should be 

disapproved. The 45th day after 

publication of the notice for this 

proposed rule change is October 20, 

2024. The Commission is extending this 

45-day time period. 

The Commission finds it appropriate 

to designate a longer period within 

which to take action on the proposed 

rule change so that it has sufficient time 

to consider the proposed rule change. 

Accordingly, the Commission, pursuant 

to Section 19(b)(2) of the Act,5

designates December 4, 2024 as the date 

by which the Commission shall either 

approve or disapprove, or institute 

proceedings to determine whether to 

disapprove, the proposed rule change 

(File No. SR–NYSEARCA–2024–70). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.6

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2024–24364 Filed 10–21–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–101358; File No. SR– 

PEARL–2024–47] 

Self-Regulatory Organizations; MIAX 

PEARL, LLC; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change To Adopt Both an Early 

and Late Trading Session on its Equity 

Trading Platform 

October 16, 2024. 

Pursuant to Section 19(b)(1) 1 of the 

Securities Exchange Act of 1934 

(‘‘Act’’),2 and Rule 19b–4 thereunder,3

notice is hereby given that on October 

3, 2024, MIAX PEARL, LLC (‘‘MIAX 

Pearl’’ 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. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to adopt both 

an early and late trading session on its 

equity trading platform (referred to 

herein as ‘‘MIAX Pearl Equities’’). 

The text of the proposed rule change 

is available on the Exchange’s website at 

https://www.miaxglobal.com/markets/ 

us-equities/pearl-equities/rule-filings, at 

MIAX Pearl’s principal office, 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 currently operates one 

trading session which operates during 

Regular Trading Hours, i.e., 9:30 a.m. 

until 4:00 p.m. Eastern Time.4 Exchange 

Rule 2600(a) provides that Equity 

Members 5 may enter orders into the 

System 6 from 7:30 a.m. until 4:00 p.m. 

Eastern Time (or such earlier time as 

may be designated by the Exchange on 

a day when MIAX Pearl Equities closes 

early). Exchange Rule 2600(a) further 

provides that orders entered between 

7:30 a.m. and 9:30 a.m. Eastern Time are 

not eligible for execution until the start 

of Regular Trading Hours. 

The Exchange now proposes to 

expand its hours of operations by 

adopting both an Early and Late Trading 

Session. The proposed Early Trading 

Session would operate from 4:00 a.m. 

until 9:30 a.m. Eastern Time. Then the 

existing Regular Trading Hours 7 would 

follow, which currently operates from 


ddrumheller on DSK120RN23PROD with NOTICES1