25682 Federal Register / Vol. 87, No. 84 / Monday, May 2, 2022 / Notices 

1United States Postal Service Notice of Filing 

Changes to Service Performance Measurement Plan 

Document, April 22, 2022 (Notice). 

2 Docket No. PI2021–3, Order Approving 

Modifications to Market Dominant Service 

Performance Measurement Systems and Closing 

Docket, September 28, 2021 (Order No. 5989). 

3Library Reference USPS–LR–PI2022–3–1, April 

22, 2022. 

any personal information provided. 

Commenters should not include any 

information for which disclosure is 

restricted by statute, such as trade 

secrets and commercial or financial 

information (‘‘confidential business 

information’’). Submission of 

confidential business information 

without a request for protected 

treatment constitutes a waiver of any 

claims of confidentiality. 

Copies of the collection of 

information may be obtained by writing 

to Disclosure Division, Office of the 

General Counsel, Pension Benefit 

Guaranty Corporation, 1200 K Street 

NW, Washington, DC 20005–4026, or 

calling 202–229–4040 during normal 

business hours. If you are deaf, hard of 

hearing, or have a speech disability, 

please dial 7–1–1 to access 

telecommunications relay services. 

FOR FURTHER INFORMATION CONTACT: 

Karen Levin (levin.karen@pbgc.gov), 

Attorney, Regulatory Affairs Division, 

Office of the General Counsel, Pension 

Benefit Guaranty Corporation, 1200 K 

Street NW, Washington, DC 20005– 

4026; 202–229–3559. If you are deaf, 

hard of hearing, or have a speech 

disability, please dial 7–1–1 to access 

telecommunications relay services. 

SUPPLEMENTARY INFORMATION: The 

Pension Benefit Guaranty Corporation 

(PBGC) intends to request that the Office 

of Management and Budget (OMB) 

extend approval, under the Paperwork 

Reduction Act, of a collection of 

information contained in its regulation 

on Rules for Administrative Review of 

Agency Decisions (29 CFR part 4003) 

(OMB control number 1212–0063; 

expires August 31, 2022). This notice 

informs the public of PBGC’s intent and 

solicits public comment on the 

collection of information. 

PBGC’s regulation on Rules for 

Administrative Review of Agency 

Decisions (29 CFR part 4003) prescribes 

rules governing the issuance of initial 

determinations by PBGC and the 

procedures for requesting and obtaining 

administrative review of initial 

determinations. Certain types of initial 

determinations are subject to 

reconsideration, which are covered in 

subpart C of the regulation. Subpart C 

prescribes rules on who may request 

reconsideration, when to make a 

reconsideration request, where to 

submit the request, the form and 

contents of reconsideration requests, 

and final decisions on reconsideration 

requests. 

Any person aggrieved by an initial 

determination of PBGC under 

§ 4003.1(d)(1) (determinations with 

respect to premiums, interest, and late 

payment penalties under section 4007 of 

ERISA), § 4003.1(d)(2) (determinations 

concerning voluntary terminations), or 

4003.1(d)(3) (determinations with 

respect to penalties under section 4071 

of ERISA) may request reconsideration 

of the initial determination. Most 

requests for reconsideration have been 

filed by plan administrators under 

§ 4003.1(d)(1) relating to premiums, 

interest, and late payment penalties. 

Requests for reconsideration must be 

in writing, be clearly designated as 

requests for reconsideration, contain a 

statement of the grounds for 

reconsideration and the relief sought, 

and contain or reference all pertinent 

information. Requests for 

reconsideration may be filed by hand, 

mail, commercial delivery service, or 

email. 

The collection of information under 

the regulation has been approved under 

OMB control number 1212–0063 

(expires August 31, 2022). PBGC intends 

to request that OMB extend approval for 

another three years. An agency may not 

conduct or sponsor, and a person is not 

required to respond to, a collection of 

information unless it displays a 

currently valid OMB control number. 

PBGC estimates that an average of 121 

persons per year will respond to this 

collection of information. PBGC further 

estimates that the average annual 

burden of this collection of information 

is about one-half hour and $500 per 

appellant, with an average total annual 

burden of approximately 64 hours and 

about $60,550. 

PBGC is soliciting public comments 

to— 

• Evaluate whether the proposed 

collection of information is necessary 

for the proper performance of the 

functions of the agency, including 

whether the information will have 

practical utility; 

• Evaluate the accuracy of the 

agency’s estimate of the burden of the 

proposed collection of information, 

including the validity of the 

methodologies and assumptions used; 

• Enhance the quality, utility, and 

clarity of the information to be 

collected; and 

• Minimize the burden of the 

collection of information on those who 

are to respond, including through the 

use of appropriate automated, 

electronic, mechanical, or other 

technological collection techniques or 

other forms of information technology, 

e.g., permitting electronic submission of 

responses. 

Issued in Washington, DC. 

Hilary Duke, 

Assistant General Counsel for Regulatory 

Affairs, Pension Benefit Guaranty 

Corporation. 

[FR Doc. 2022–09364 Filed 4–29–22; 8:45 am] 

BILLING CODE 7709–02–P 

POSTAL REGULATORY COMMISSION 

[Docket No. PI2022–3; Order No. 6159] 

Public Inquiry on Modification of 

Service Performance Measurement 

Plan 

AGENCY: Postal Regulatory Commission. 

ACTION: Notice. 

SUMMARY: The Commission is 

recognizing a recently filed Postal 

Service request proposing modifications 

to its Service Performance Measurement 

Plan for market dominant products. 

This document informs the public of 

this proceeding, invites public 

comment, and takes other 

administrative steps. 

DATES: Comments are due: May 18, 

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: On April 

22, 2022, the Postal Service filed a 

notice, pursuant to 39 CFR 3055.5, 

proposing revisions to its Service 

Performance Measurement (SPM) Plan 

for Market Dominant products.1 The 

most recent version of the SPM Plan 

that is the subject of this proceeding was 

approved for implementation on 

September 28, 2021, in Docket No. 

PI2021–3.2 Accompanying the Notice is 

a library reference, which contains a 

copy of the Postal Service’s SPM Plan, 

revised April 22, 2022 (both redline and 

clean versions).3

The Postal Service’s proposed 

modifications include: ‘‘(1) A revision to 


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Federal Register / Vol. 87, No. 84 / Monday, May 2, 2022 / Notices 25683 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 93097 

(September 21, 2021), 86 FR 53358 (September 27, 

2021) (SR–FINRA–2021–015) (‘‘FINRA Continuing 

Education Rule Change’’). 

4See Securities Exchange Release No. 91262 

(March 5, 2021), 86 FR 13935 (March 11, 2021) (SR– 

FINRA–2021–003). 

5See supra notes 3 and 4. 

6The Firm Element of the FINRA Continuing 

Education (‘‘CE’’) Program was adopted in 1995 and 

requires broker-dealers to establish a formal training 

program to keep covered registered persons up to 

date on job and product-related subjects. Each 

broker-dealer must administer its Firm Element CE 

Program in accordance with its annual Needs 

Analysis and Written Training Plan and maintain 

records documenting the content and completion of 

the program. Each firm is required to analyze and 

evaluate its training needs in light of the firm’s size, 

organizational structure, scope of business, types of 

products and services it offers, as well as regulatory 

developments and the performance of its registered 

persons in the Regulatory Element. When the 

Exchange was approved in May 2012 there was no 

requirement for the Exchange to adopt the Firm 

Continued 

how the long haul exception impacts 

‘Start-the-Clock’ events; (2) the 

inclusion of Reply Mail in the 

measurement of Single-Piece First-Class 

Letters/Cards/Flats; and (3) a revision to 

the critical entry time (CET) applicable 

to Periodicals,’’ as well as a variety of 

stylistic and grammatical changes. 

Notice at 1. The Postal Service asserts 

that these changes were developed in 

response to the recommendations of the 

Commission and the Public 

Representative in Docket No. PI2021–3 

and will produce more accurate, 

reliable, and representative 

measurement of service performance by 

incorporating technological 

advancements to enhance measurement, 

updating business rules to leverage 

additional scan data, and promoting 

simplification of mail processing 

operations. Id. at 2–4. 

Interested persons are invited to 

comment on the Postal Service’s 

proposed revisions to its SPM Plan. 

Commenters are reminded that the 

scope of this docket is limited to the 

Postal Service’s proposed revisions to 

its SPM Plan, not the propriety of any 

underlying service standard changes 

that have been or will be addressed by 

the Commission in a separate docket. 

Comments are due May 18, 2022. The 

Commission does not anticipate the 

need for reply comments at this time. 

The Commission intends to evaluate the 

comments received and use those 

suggestions to help carry out its service 

performance measurement 

responsibilities under Title 39 of the 

United States Code. Material filed in 

this docket will be available for review 

on the Commission’s website, http://

www.prc.gov. The Commission appoints 

Christopher C. Mohr to represent the 

interests of the general public (Public 

Representative) in this docket. 

It is ordered: 

1. Docket No. PI2022–3 is established 

for the purpose of considering the Postal 

Service’s proposed revisions to its 

Service Performance Measurement Plan 

for its Market Dominant products. 

2. Interested persons may submit 

written comments on any or all aspects 

of the Postal Service’s proposals no later 

than May 18, 2022. 

3. Christopher C. Mohr is designated 

to represent the interests of the general 

public in this docket. 

4. The Secretary shall arrange for 

publication of this Notice in the Federal 

Register. 

By the Commission. 

Erica A. Barker, 

Secretary. 

[FR Doc. 2022–09309 Filed 4–29–22; 8:45 am] 

BILLING CODE 7710–FW–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–94794; File No. SR–BOX– 

2022–16] 

Self-Regulatory Organizations; BOX 

Exchange LLC; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change To Amend IM–2040–3, 

IM–2040–5 and Establish BOX Rule 

2130 (Continuing Education Program 

for Persons Maintaining Their 

Qualification Following the 

Termination of a Registration 

Category) and IM–2130–1 

April 26, 2022. 

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

Securities Exchange Act of 1934 

(‘‘Act’’),1 and Rule 19b–4 thereunder,2

notice is hereby given that on April 13, 

2022, BOX Exchange LLC (the 

‘‘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 self-regulatory 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 

BOX IM–2040–5 and establish BOX 

Rule 2130 (Continuing Education 

Program for Persons Maintaining Their 

Qualification Following the 

Termination of a Registration Category) 

and IM–2130–1 to require that the 

Regulatory Element of continuing 

education be completed annually rather 

than every three years and provide a 

path through continuing education for 

individuals to maintain their 

qualification following the termination 

of a registration. The Exchange also 

proposes to amend its manual signature 

requirement in IM–2040–3. The text of 

the proposed rule change is available 

from the principal office of the 

Exchange, at the Commission’s Public 

Reference Room and also on the 

Exchange’s internet website at http://

boxoptions.com. 

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 these statements may be examined at 

the places specified in Item IV below. 

The self-regulatory organization 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 amend IM– 

2040–5 and establish BOX Rule 2130 

(Continuing Education Program for 

Persons Maintaining Their Qualification 

Following the Termination of a 

Registration Category) to amend its 

continuing education requirements. 

This is a conforming filing that is based 

on a filing submitted by the Financial 

Industry Regulatory Authority, Inc. 

(‘‘FINRA’’), and is intended to 

harmonize the Exchange’s continuing 

education rules with those of FINRA so 

as to promote uniform standards across 

the securities industry.3 The Exchange 

also proposes to amend its manual 

signature requirements in IM–2040–3 to 

align with changes FINRA has made to 

similar rules.4 Each change is discussed 

in detail below. 

The proposed changes are based on 

the changes approved by the 

Commission in the approval order for 

SR–FINRA–2021–015 and as noticed in 

SR–FINRA–2021–003.5 The Exchange is 

proposing to adopt such changes 

substantially in the same form as 

proposed by FINRA, with the exception 

of differences necessary to conform to 

the Exchange’s existing rules. The 

Exchange has excluded changes in 

1240(b) (Firm Element) 6 as the 


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