3266 Federal Register / Vol. 80, No. 14 / Thursday, January 22, 2015 / Notices 

PLACE: Washington, DC, at U.S. Postal 

Service Headquarters, 475 L’Enfant 

Plaza SW., in the Benjamin Franklin 

Room. 

STATUS: Thursday, February 5 at 10:00 

a.m.—Closed; Friday, February 6 at 8:30 

a.m.—Open; and Friday, February 6 at 

10:30 a.m.—Closed. (Via notational 

voting, the Temporary Committee of the 

Board of Governors of the United States 

Postal Service voted unanimously to 

close to public observation its meeting 

scheduled for February 5 and a portion 

of the meeting scheduled for February 6, 

2015, in Washington, DC). 

MATTERS TO BE CONSIDERED: 

Thursday, February 5, at 10:00 a.m. 

(Closed) 

1. Strategic Issues. 

2. Pricing. 

3. Financial Matters. 

4. Personnel Matters and 

Compensation Issues. 

5. Governors’ Executive Session— 

Discussion of prior agenda items and 

Board governance. 

Friday, February 6, at 8:30 a.m. (Open) 

1. Remarks of the Chairman of the 

Temporary Emergency Committee. 

2. Remarks of the Postmaster General 

and CEO. 

3. Approval of Minutes of Previous 

Meetings. 

4. Committee Reports and 

Assignments. 

5. Quarterly Report on Financial 

Performance. 

6. Quarterly Service Performance 

Report. 

7. Tentative Agenda for the April 13 

and 14 Meeting. 

Friday, February 6, at 10:30 a.m. 

(Closed) 

1. Continuation of Thursday’s closed 

session agenda. 

GENERAL COUNSEL CERTIFICATION: The 

General Counsel of the United States 

Postal Service has certified that the 

meeting may be closed under the 

Government in the Sunshine Act. 

FOR FURTHER INFORMATION CONTACT: 

Requests for information about the 

meeting should be addressed to the 

Secretary of the Board, Julie S. Moore, 

at 202–268–4800. 

Julie S. Moore, 

Secretary, Board of Governors. 

[FR Doc. 2015–01091 Filed 1–20–15; 11:15 am] 

BILLING CODE P 

RAILROAD RETIREMENT BOARD 

Proposed Collection; Comment 

Request 

Summary: In accordance with the 

requirement of Section 3506 (c)(2)(A) of 

the Paperwork Reduction Act of 1995 

which provides opportunity for public 

comment on new or revised data 

collections, the Railroad Retirement 

Board (RRB) will publish periodic 

summaries of proposed data collections. 

Comments are invited on: (a) Whether 

the proposed information collection is 

necessary for the proper performance of 

the functions of the agency, including 

whether the information has practical 

utility; (b) the accuracy of the RRB’s 

estimate of the burden of the collection 

of the information; (c) ways to enhance 

the quality, utility, and clarity of the 

information to be collected; and (d) 

ways to minimize the burden related to 

the collection of information on 

respondents, including the use of 

automated collection techniques or 

other forms of information technology. 

1. Title and purpose of information 

collection: Appeal Under the Railroad 

Retirement and Railroad Unemployment 

Insurance Act; OMB 3220–0007. 

Under Section 7(b)(3) of the Railroad 

Retirement Act (RRA), and Section 5(c) 

of the Railroad Unemployment 

Insurance Act (RUIA) any person 

aggrieved by a decision made by an 

office of the RRB on his or her 

application for an annuity or benefit 

under those Acts has the right to appeal 

to the RRB. This right is prescribed in 

20 CFR 260 and 20 CFR 320. The 

notification letter, which is provided at 

the time of filing the original 

application, informs the applicant of 

such right. When an applicant protests 

a decision, the concerned RRB office 

reviews the entire file and any 

additional evidence submitted and 

sends the applicant a letter explaining 

the basis of the determination. The 

applicant is then notified that to protest 

further, they can appeal to the RRB’s 

Bureau of Hearings and Appeals. The 

appeal process is prescribed in 20 CFR 

260.5 and 260.9 and 20 CFR 320.12 and 

320.38. 

To file a request for an appeal the 

applicant must complete Form HA–1, 

Appeal Under the Railroad Retirement 

Act or Railroad Unemployment 

Insurance Act. The form asks the 

applicant to explain the basis for their 

request for an appeal and, if necessary, 

to describe any additional evidence they 

wish to submit in support of the appeal. 

Completion is voluntary, however, if the 

information is not provided the RRB 

cannot process the appeal. The RRB 

proposes no changes to Form HA–1. 

ESTIMATE OF ANNUAL RESPONDENT BURDEN

Form No. Annual responses Time 

(minutes) 

Burden 

(hours) 

HA–1 .......................................................................................................................... 550 20 185 

2. Title and purpose of information 

collection: Annual Earnings 

Questionnaire; OMB 3220–0179. 

Under section 2(e)(3) of the Railroad 

Retirement Act (RRA), an annuity is not 

payable for any month in which a 

beneficiary works for a railroad. In 

addition, an annuity is reduced for any 

month in which the beneficiary works 

for an employer other than a railroad 

employer and earns more than a 

prescribed amount. Under the 1988 

amendments to the RRA, the Tier II 

portion of the regular annuity and any 

supplemental annuity must be reduced 

by one dollar for each two dollars of 

Last Pre-Retirement Non-Railroad 

Employment (LPE) earnings for each 

month of such service. However, the 

reduction cannot exceed fifty percent of 

the Tier II and supplemental annuity 

amount for the month to which such 

deductions apply. The LPE generally 

refers to an annuitant’s last employment 

with a non-railroad person, company, or 

institution prior to retirement, which 

was performed at the same time as 

railroad employment or after the 

annuitant stopped railroad employment. 

The collection obtains earnings 

information needed by the RRB to 

determine if possible reductions in 

annuities are in order due to LPE. 

The RRB utilizes Form G–19L, 

Annual Earnings Questionnaire, to 

obtain LPE earnings information from 

annuitants. One response is requested of 

each respondent. Completion is 

required to retain a benefit. The RRB 

proposes no changes to Form G–19L. 


tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 14 / Thursday, January 22, 2015 / Notices 3267 

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 Securities Exchange Act Release No. 34–72839 

(August 13, 2014), 79 FR 49123 (August 19, 2014) 

(Approval Order) (SR–CBOE–2014–040). 

6 Rule 6.53(y) provides that an order is tied to 

stock if, at the time the Trading Permit Holder 

representing the order on the Exchange receives the 

order (if the order is a customer order) or initiates 

the order (if the order is a proprietary order), has 

knowledge that the order is coupled with an 

order(s) for the underlying stock or a security 

convertible into the underlying stock (‘‘convertible 

security’’ and, together with underlying stock, 

‘‘non-option’’). 

7 See letter to Elizabeth M. Murphy, Secretary, 

Commission, from Laura G. Dickman, Senior 

Attorney, CBOE, dated August 6, 2014 (‘‘CBOE 

Letter II’’) at 2. 

8 SR–CBOE–2014–040 was approved on August 

13, 2014, but the implementation date was not 

announced until December 10, 2014. 

9 See CBOE Regulatory Circular RG14–185— 

Session on December 19, 2014 Regarding Tied to 

Stock Order Marking and Reporting Requirements 

(December 17, 2014). 

ESTIMATE OF ANNUAL RESPONDENT BURDEN

Form No. Annual responses Time 

(minutes) Burden (hours) 

G–19L ........................................................................................................................ 300 15 75 

Total .................................................................................................................... 300 .............................. 75 

Additional Information or Comments: 

To request more information or to 

obtain a copy of the information 

collection justification, forms, and/or 

supporting material, contact Dana 

Hickman at (312) 751–4981 or 

Dana.Hickman@RRB.GOV. Comments 

regarding the information collection 

should be addressed to Charles 

Mierzwa, Railroad Retirement Board, 

844 North Rush Street, Chicago, Illinois 

60611–2092 or emailed to 

Charles.Mierzwa@RRB.GOV. Written 

comments should be received within 60 

days of this notice. 

Charles Mierzwa, 

Chief of Information Resources Management. 

[FR Doc. 2015–00980 Filed 1–21–15; 8:45 am] 

BILLING CODE 7905–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–74067; File No. SR–CBOE– 

2015–004] 

Self-Regulatory Organizations; 

Chicago Board Options Exchange, 

Incorporated; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change To Delay the 

Implementation Date of Rule Change 

SR–CBOE–2014–040 

January 15, 2015. 

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 January 7, 

2015, Chicago Board Options Exchange, 

Incorporated (the ‘‘Exchange’’ or 

‘‘CBOE’’) 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 as a ‘‘noncontroversial’’ proposed rule change 

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 the Substance 

of the Proposed Rule Change 

The Exchange proposes to delay the 

implementation date of rule change SR– 

CBOE–2014–040. There is no proposed 

change to the rule language. 

The text of the proposed rule change 

is available on the Exchange’s Web site 

(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 

On August 13, 2014, CBOE Rules 

6.53(y) and 15.2A were approved by the 

Securities Exchange Commission (SR– 

CBOE–2014–040).5 Rule 6.53(y) added a 

definition of a tied to stock order.6 Rule 

15.2A requires, among other things, that 

each Trading Permit Holder, (‘‘TPH’’), 

on the business day following the order 

execution date, report to the Exchange 

certain information regarding the 

executed stock or convertible security 

legs of Qualified Contingent Cross 

(‘‘QCC’’) orders, stock-option orders and 

other Tied to Stock Orders that the TPH 

executed on the Exchange that trading 

day. CBOE stated that it would consider 

feedback from TPHs regarding the 

timing of the implementation date of 

SR–CBOE–2014–040.7 Based on that 

feedback, the Exchange seeks to extend 

the implementation date of SR–CBOE– 

2014–040. 

Pursuant to SR–CBOE–2014–040, the 

Exchange issued CBOE Regulatory 

Circular RG14–171 on December 10, 

2014, to announce the implementation 

date of Rules 6.53(y) and 15.2A. 

However, SR–CBOE–2014–040 required 

the Exchange to announce the 

implementation date no later than 90 

days following the effective date of the 

filing (i.e., by November 12, 2014).8

Therefore, even though the rule filing 

was approved on August 13, 2014, TPHs 

were unable to fully assess the impact 

of the rule filing until RG14–171 was 

issued on December 10, 2014. In 

addition, the CBOE Regulatory Division 

held a session with TPHs on December 

19, 2014, to discuss the implementation 

of Rules 6.53(y) and 15.2A.9 TPHs 

requested clarity regarding several 

aspects of Rules 6.53(y) and 15.2A; 

however, several issues remain 

outstanding. Furthermore, TPHs 

expressed their inability to plan 

technological modifications without 

further clarity. Although the Exchange 

plans to hold future training sessions, 

the Exchange does not believe TPHs are 

in a position to comply with the 

requirements of Rules 6.53(y) and 15.2A 

by the current implementation date of 

February 9, 2015. Therefore, the 

Exchange seeks to extend the 


tkelley on DSK3SPTVN1PROD with NOTICES