Federal Register / Vol. 87, No. 65 / Tuesday, April 5, 2022 / Notices 19721 

1See Docket No. RM2018–3, Order Adopting 

Final Rules Relating to Non-Public Information, 

June 27, 2018, Attachment A at 19–22 (Order No. 

4679). 

1Fidelity Beach Street Trust, et al., Investment 

Company Act Rel. Nos. 33683 (November 14, 2019) 

(notice) and 33712 (December 10, 2019) (order). 

Applicants are not seeking relief under Section 

12(d)(1)(J) of the Act for an exemption from 

Sections 12(d)(1)(A) and 12(d)(1)(B) of the Act (the 

‘‘Section 12(d)(1) Relief’’), and relief under Sections 

6(c) and 17(b) of the Act for an exemption from 

Sections 17(a)(1) and 17(a)(2) of the Act relating to 

the Section 12(d)(1) Relief, except as necessary to 

allow a Fund’s receipt of Representative ETFs 

included in its Tracking Basket solely for purposes 

of effecting transactions in Creation Units (as these 

terms are defined in the Reference Order), 

notwithstanding the limits of Rule 12d1–4(b)(3). 

Accordingly, to the extent the terms and conditions 

of the Reference Order relate to such relief, they are 

not incorporated by reference herein other than 

with respect to such limited exception. 

[FR Doc. 2022–06049 Filed 4–4–22; 8:45 am] 

BILLING CODE 7590–01–P 

POSTAL REGULATORY COMMISSION 

[Docket No. CP2021–32] 

New Postal Products 

AGENCY: Postal Regulatory Commission. 

ACTION: Notice. 

SUMMARY: The Commission is noticing 

recent Postal Service filings for the 

Commission’s consideration concerning 

negotiated service agreements. This 

notice informs the public of the filings, 

invites public comment, and takes other 

administrative steps. 

DATES: Comments are due: April 7, 

2022. 

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 

II. Docketed Proceeding(s) 

I. Introduction 

The Commission gives notice that the 

Postal Service filed request(s) for the 

Commission to consider matters related 

to negotiated service agreement(s). The 

request(s) may propose the addition or 

removal of a negotiated service 

agreement from the market dominant or 

the competitive product list, or the 

modification of an existing product 

currently appearing on the market 

dominant or the competitive product 

list. 

Section II identifies the docket 

number(s) associated with each Postal 

Service request, the title of each Postal 

Service request, the request’s acceptance 

date, and the authority cited by the 

Postal Service for each request. For each 

request, the Commission appoints an 

officer of the Commission to represent 

the interests of the general public in the 

proceeding, pursuant to 39 U.S.C. 505 

(Public Representative). Section II also 

establishes comment deadline(s) 

pertaining to each request. 

The public portions of the Postal 

Service’s request(s) can be accessed via 

the Commission’s website (http://

www.prc.gov). Non-public portions of 

the Postal Service’s request(s), if any, 

can be accessed through compliance 

with the requirements of 39 CFR 

3011.301.1

The Commission invites comments on 

whether the Postal Service’s request(s) 

in the captioned docket(s) are consistent 

with the policies of title 39. For 

request(s) that the Postal Service states 

concern market dominant product(s), 

applicable statutory and regulatory 

requirements include 39 U.S.C. 3622, 39 

U.S.C. 3642, 39 CFR part 3030, and 39 

CFR part 3040, subpart B. For request(s) 

that the Postal Service states concern 

competitive product(s), applicable 

statutory and regulatory requirements 

include 39 U.S.C. 3632, 39 U.S.C. 3633, 

39 U.S.C. 3642, 39 CFR part 3035, and 

39 CFR part 3040, subpart B. Comment 

deadline(s) for each request appear in 

section II. 

II. Docketed Proceeding(s) 

1. Docket No(s).: CP2021–32; Filing 

Title: USPS Notice of Amendment to 

Parcel Select Contract 38, Filed Under 

Seal; Filing Acceptance Date: March 30, 

2022; Filing Authority: 39 CFR 

3035.105; Public Representative: 

Christopher C. Mohr; Comments Due: 

April 7, 2022. 

This Notice will be published in the 

Federal Register. 

Erica A. Barker, 

Secretary. 

[FR Doc. 2022–07124 Filed 4–4–22; 8:45 am] 

BILLING CODE 7710–FW–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

34550; File No. 812–15308] 

Principal Exchange-Traded Funds, et 

al. 

AGENCY: Securities and Exchange 

Commission (‘‘Commission’’ or ‘‘SEC’’). 

ACTION: Notice. 

Notice of an application for an order 

pursuant to section 6(c) of the 

Investment Company Act of 1940 (the 

‘‘Act’’) for an exemption from sections 

2(a)(32), 5(a)(1), 22(d) and 22(e) of the 

Act and rule 22c–1 under the Act, and 

under sections 6(c) and 17(b) of the Act 

for an exemption from sections 17(a)(1) 

and 17(a)(2) of the Act, and under 

Section 12(d)(1)(J) of the Act for an 

exemption from sections 12(d)(1)(A) and 

12(d)(1)(B) of the Act. 

Summary of Application: Applicants 

request an order (‘‘Order’’) that permits: 

(a) The Funds (as defined in the 

Applicants’ application) to issue shares 

(‘‘Shares’’) redeemable in large 

aggregations only (‘‘creation units’’); (b) 

secondary market transactions in Shares 

to occur at negotiated market prices 

rather than at net asset value; (c) certain 

Funds to pay redemption proceeds, 

under certain circumstances, more than 

seven days after the tender of Shares for 

redemption; and (d) certain affiliated 

persons of a Fund to deposit securities 

into, and receive securities from, the 

Fund in connection with the purchase 

and redemption of creation units. The 

relief in the Order would incorporate by 

reference terms and conditions of the 

same relief of a previous order granting 

the same relief sought by applicants, as 

that order may be amended from time to 

time (‘‘Reference Order’’).1

Applicants: Principal ExchangeTraded Funds, ALPS Distributors Inc., 

and Principal Global Investors, LLC. 

Filing Date: The application was filed 

on February 9, 2022. 

Hearing or Notification of Hearing: An 

order granting the requested relief will 

be issued unless the Commission orders 

a hearing. Interested persons may 

request a hearing on any application by 

emailing the SEC’s Secretary at 

Secretarys-Office@sec.gov and serving 

the Applicants with a copy of the 

request by email, if an email address is 

listed for the relevant Applicant below, 

or personally or by mail, if a physical 

address is listed for the relevant 

Applicant below. Hearing requests 

should be received by the Commission 

by 5:30 p.m. on, April 25, 2022, and 

should be accompanied by proof of 

service on applicants, in the form of an 

affidavit or, for lawyers, a certificate of 

service. Pursuant to rule 0–5 under the 

Act, hearing requests should state the 

nature of the writer’s interest, any facts 

bearing upon the desirability of a 


jspears on DSK121TN23PROD with NOTICES1
19722 Federal Register / Vol. 87, No. 65 / Tuesday, April 5, 2022 / Notices 

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

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

4Access to the Trading Floor is restricted at each 

entrance by turnstiles and only authorized visitors, 

members or member firm employees are permitted 

to enter. 

5See NYSE Rule 6A. The term ‘‘Trading Floor’’ 

is distinct from the term ‘‘Floor.’’ The term ‘‘Floor’’ 

means the trading Floor of the Exchange and the 

premises immediately adjacent thereto, such as the 

various entrances and lobbies of the 11 Wall Street, 

18 New Street, 8 Broad Street, 12 Broad Street and 

18 Broad Street Buildings, and also means the 

telephone facilities available in these locations. See 

NYSE Rule 6. 

6See id. See also Securities Exchange Act Release 

Nos. 59479 (March 2, 2009), 74 FR 10325 (March 

10, 2009) (SR–NYSE–2009–23) (Notice of filing 

adopting NYSE Rule 6A and explaining that the 

proposed definition of ‘‘Trading Floor’’ will provide 

a more accurate description of the physical areas of 

the Floor where trading is actually conducted); and 

78855 (September 15, 2016), 81 FR 64966 

(September 21, 2016) (SR–NYSE–2016–31) 

(Approval of filing amending Rule 6A renaming the 

physical area formerly known as the ‘‘Garage’’ to 

the ‘‘Buttonwood Room’’ and excluding the 

physical area within fully enclosed telephone 

booths located in 18 Board Street from the 

definition of Trading Floor) (‘‘2016 Filing’’)). 

7See 2016 Filing, 81 FR at 64966. 

8See Rule 104(j). 

9 15 U.S.C. 78f(b)(5). 

hearing on the matter, the reason for the 

request, and the issues contested. 

Persons who wish to be notified of a 

hearing may request notification by 

emailing the Commission’s Secretary at 

Secretarys-Office@sec.gov. 

ADDRESSES: The Commission: 

Secretarys-Office@sec.gov. Applicants: 

John Sullivan, sullivan.john.I@

principal.com. 

FOR FURTHER INFORMATION CONTACT: 

Terri Jordan, Branch Chief, at (202) 551– 

6825 (Division of Investment 

Management, Chief Counsel’s Office). 

SUPPLEMENTARY INFORMATION: For 

Applicants’ representations, legal 

analysis, and conditions, please refer to 

Applicants’ application, dated February 

9, 2022, which may be obtained via the 

Commission’s website by searching for 

the file number at the top of this 

document, or for an Applicant using the 

Company name search field, on the 

SEC’s EDGAR system. The SEC’s 

EDGAR system may be searched at, at 

http://www.sec.gov/edgar/searchedgar/ 

legacy/companysearch.html. You may 

also call the SEC’s Public Reference 

Room at (202) 551–8090. 

For the Commission, by the Division of 

Investment Management, under delegated 

authority. 

Dated: March 30, 2022. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–07077 Filed 4–4–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–94558; File No. SR–NYSE– 

2022–15] 

Self-Regulatory Organizations; New 

York Stock Exchange LLC; Notice of 

Filing and Immediate Effectiveness of 

Proposed Rule Change To Amend 

NYSE Rule 6A 

March 30, 2022. 

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

Securities Exchange Act of 1934 (the 

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

notice is hereby given that on March 24, 

2022, New York Stock Exchange LLC 

(‘‘NYSE’’ or the ‘‘Exchange’’) 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 selfregulatory organization. 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 amend 

NYSE Rule 6A (‘‘Trading Floor’’) to 

exclude from the definition of Trading 

Floor the presence of fully enclosed 

telephone booths located in 18 Broad 

Street. The proposed rule change is 

available on the Exchange’s website at 

www.nyse.com, 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 

self-regulatory organization 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 those 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 parts of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to amend 

NYSE Rule 6A (‘‘Trading Floor’’) to 

exclude from the definition of ‘‘Trading 

Floor’’ the presence of fully enclosed 

telephone booths located in 18 Broad 

Street. 

The Exchange currently defines 

‘‘Trading Floor’’ 4 in Rule 6A(a) to mean 

the restricted-access physical areas 

designated by the Exchange for the 

trading of securities, commonly known 

as the ‘‘Main Room’’ and the 

‘‘Buttonwood Room.’’ 5 Rule 6A(b) 

currently specifies that the Exchange’s 

Trading Floor does not include (i) areas 

designated by the Exchange where 

NYSE American-listed options are 

traded, commonly known as the 

‘‘Buttonwood Room,’’ which, for the 

purposes of the Exchange’s Rules, are 

referred to as the ‘‘NYSE American 

Options Trading Floor,’’ or (ii) the 

physical area within fully enclosed 

telephone booths located in 18 Broad 

Street at the Southeast wall of the 

Trading Floor.6

The telephone booths were installed 

in 2016 to facilitate communication by 

DMMs with issuers but can be used by 

anyone on the Trading Floor.7 The 

telephone booths, however, have been 

underutilized. As a result, the Exchange 

has determined to completely remove 

the telephone booths at 18 Broad Street. 

To reflect this change, the Exchange 

proposes to delete the phrase ‘‘the 

physical area within fully enclosed 

telephone booths located in 18 Broad 

Street at the Southeast wall of the 

Trading Floor’’ from Rule 6A(b). The 

Exchange does not anticipate that 

removal of the telephone booths will in 

any way impede a DMM’s obligation to 

regularly communicate with their listed 

issuers.8

Once the telephone booths are 

removed, the area where the telephone 

booths are located will again be a part 

of the Trading Floor and would fall 

within the broader definition of Floor 

under Exchange rules. The Exchange 

will thus retain jurisdiction in this area 

to regulate conduct that is inconsistent 

with Exchange Rules and the federal 

securities laws and rules thereunder. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule changes are consistent 

with, and further the objectives of, 

Section 6(b)(5) of the Securities 

Exchange Act of 1934 9 (the ‘‘Act’’), in 

that they are designed to prevent 

fraudulent and manipulative acts and 

practices, to promote just and equitable 

principles of trade, to remove 

impediments to and perfect the 

mechanism of a free and open market 

and a national market system and, in 

general, to protect investors and the 

public interest. The proposed rule 


jspears on DSK121TN23PROD with NOTICES1