Federal Register / Vol. 82, No. 161 / Tuesday, August 22, 2017 / Proposed Rules 39711 

INVESTMENTS—PART 703 SUBPART A—Continued 

Item Change Rationale 

23. Grandfathered Investments § 703.18 ........... Remove sections that will no longer apply 

based on other changes in the rule.

Some parts of the section may not apply due 

to other changes in the rule. 

24. Investment Pilot Program § 703.19 .............. Remove this section ........................................ Pilot programs will no longer be needed with 

the proposed changes. 

25. Request for Additional Authority § 703.20 ... Remove this section ........................................ Will no longer be needed with the removal or 

alignment of the restrictions in other sections. 

DERIVATIVES—PART 703 SUBPART B AND RELATED ITEMS

Item Change Rationale 

1. ‘‘Move’’ Put-option purchases in managing 

increased interest-rate risk for real estate 

loans produced for sale on the secondary 

market, in 701.21(i) to 703.102(a).

Move the product to the Subpart B permissible derivative products.This would consolidate into one place all permissible derivative activities. 

2. ‘‘Move’’ European financial options contract 

in 703.14(g) to 703.102(a).

Move the product to the Subpart B permissible derivative products.This would consolidate into one place all permissible derivative activities. 

3. ‘‘Rename’’ 703 Subpart B from ‘‘Derivatives 

Authority’’ to ‘‘Derivatives and Hedging Authority’’.

Name change ................................................... Would widen the rule to address off balance 

sheet hedging instruments that are permissible. 

4. ‘‘Move and Modify’’ Derivatives section in 

703.14(k) to 703 Subpart B.

With the move, remove 703.14(k)(1), move 

703.14(k)(2) to 703.100 and move 

703.14(k)(3) to 703.102.

Would provide more clarity on hedging activities for TBA, Dollar Rolls, etc. 

5. ‘‘Modify’’ Derivatives Application process to 

‘‘Notification’’.

Remove the FCU application requirements 

and replace with a ‘‘Notification’’. This 

would require changes to § 703.108, 

§ 703.109, § 703.110, § 703.111, § 703.112.

The ‘‘Notification’’ requirements would include 

providing NCUA with at least 60 day notice 

before initially engaging in a Derivative 

transaction. 

6. ‘‘Remove’’ Derivatives Regulatory Limits ....... Remove the volume limits on derivatives activity. This would require changes to 

§ 703.103, § 703.105, Appendix A.

Will be better supported as part of supervision 

guidance and possible use as scoping 

metrics. 

7. ‘‘Expand’’ Eligible Collateral for Margining ..... Expand the eligible collateral in 

703.104(a)(2)(iii) to include Agency Debt 

(Ginnie Mae Securities).

This is an acceptable practice and should 

have been in the Final Rule. 

8. ‘‘Modify’’ Eligibility (only part) ......................... Remove or change 703.108(b) to require notice but not pre-approval, and re-evaluate 

the CAMEL and asset size eligibility criteria.

Allows for more credit unions to use derivatives to manage interest rate risk subject to 

supervisory intervention if they are not 

equipped to manage it properly. 

9. ‘‘Modify’’ Notification requirement for FISCUs Change 741.219(b) .......................................... Make consistent with FCU notification requirements. 

10. ‘‘Remove’’ Pilot Program Participants .......... Change 703.113 .............................................. Not relevant anymore. 

IV. Request for Comment 

Executive Order 13777 requires that 

‘‘each Regulatory Reform Task Force 

shall seek input and other assistance, as 

permitted by law, from entities 

significantly affected by Federal 

regulations, including State, local, and 

tribal governments, small businesses, 

consumers, non-governmental 

organizations, and trade associations.’’ 

In compliance with the spirit of the 

Executive Order, the Board seeks 

comments on all aspects of the Task 

Force’s report. 

Commenters are also encouraged to 

discuss any other relevant issues they 

believe NCUA should consider with 

respect to reducing regulatory burden 

and fulfilling the aims of Executive 

Order 13777. The Board requests that, to 

the extent feasible, commenters provide 

documentation to support any 

recommendations. 

By the National Credit Union 

Administration Board on August 15, 2017. 

John H. Brolin, 

Acting Board Secretary. 

[FR Doc. 2017–17673 Filed 8–21–17; 8:45 am] 

BILLING CODE 7535–01–P 

DEPARTMENT OF HEALTH AND 

HUMAN SERVICES 

Food and Drug Administration 

21 CFR Part 172 

[Docket No. FDA–2017–F–3717] 

Juice Products Association; Filing of 

Food Additive Petition; Correction 

AGENCY: Food and Drug Administration, 

HHS. 

ACTION: Notification; petition for 

rulemaking; correction. 

SUMMARY: The Food and Drug 

Administration (FDA or we) is 

correcting a notice that appeared in the 

Federal Register of Wednesday, July 26, 

2017 (82 FR 34615). The document 

announced that we have filed a petition, 

submitted by the Juice Products 

Association, proposing that the food 

additive regulations be amended to 

replace the current Recommended Daily 

Intake (RDI) percentage values of 

calcium in fruit juices and fruit juice 

drinks in the regulation for vitamin D3

with absolute values and to update the 

specifications for vitamin D3. The 

document was published with incorrect 

information on the absolute level of 

added calcium for fruit juice drinks that 

are fortified with calcium. This 

document corrects that error. 

DATES: This document is publishing in 

the Federal Register on August 22, 

2017. 


sradovich on DSK3GMQ082PROD with PROPOSALS
39712 Federal Register / Vol. 82, No. 161 / Tuesday, August 22, 2017 / Proposed Rules 

FOR FURTHER INFORMATION CONTACT: 

Judith Kidwell, Center for Food Safety 

and Applied Nutrition, Food and Drug 

Administration, 5001 Campus Dr., 

College Park, MD 20740, 240–402–1071. 

SUPPLEMENTARY INFORMATION: In the 

Federal Register of July 26, 2017, in FR 

Doc. 2017–15535, on page 34615, the 

following correction is made: 

On page 34615, in the second 

paragraph under the SUPPLEMENTARY

INFORMATION: caption, in the second 

column, the second paragraph is 

corrected to read, ‘‘These proposed 

changes would allow manufacturers of 

fruit juices and fruit juice drinks that are 

fortified with calcium to maintain the 

absolute level of added calcium at 330 

milligrams (mg) and 100 mg, 

respectively, as established in our 

regulations at § 172.380(c)(1) and (2).’’ 

Dated: August 17, 2017. 

Leslie Kux, 

Associate Commissioner for Policy. 

[FR Doc. 2017–17704 Filed 8–21–17; 8:45 am] 

BILLING CODE 4164–01–P 

DEPARTMENT OF DEFENSE 

Department of the Army, Corps of 

Engineers 

33 CFR Part 328 

ENVIRONMENTAL PROTECTION 

AGENCY 

40 CFR Parts 110, 112 116, 117, 122, 

230, 232, 300, 302, and 401 

[EPA–HQ–OW–2017–0203; FRL–9966–81– 

OW] 

RIN 2040–AF74 

Definition of ‘‘Waters of the United 

States’’—Recodification of Pre-Existing 

Rules; Extension of Comment Period 

AGENCY: Department of the Army, Corps 

of Engineers, Department of Defense; 

and Environmental Protection Agency 

(EPA). 

ACTION: Proposed rule; Extension of 

comment period. 

SUMMARY: The U.S. Environmental 

Protection Agency (EPA) and the U.S. 

Department of the Army are extending 

the comment period for the proposed 

rule ‘‘Definition of ‘Waters of the United 

States’—Recodification of Pre-existing 

Rules.’’ The agencies are extending the 

comment period for 30 days in response 

to stakeholder requests for an extension, 

from August 28, 2017 to September 27, 

2017. 

DATES: The comment period for the 

proposed rule published on July 27, 

2017, at 82 FR 34899, is extended. 

Comments must be received on or 

before September 27, 2017. 

ADDRESSES: Submit your comments, 

identified by Docket ID No. EPA–HQ– 

OW–2017–0203, at http://

www.regulations.gov. Follow the online 

instructions for submitting comments. 

Once submitted, comments cannot be 

edited or removed from Regulations.gov. 

The agencies may publish any comment 

received to the public docket. Do not 

submit electronically any information 

you consider to be Confidential 

Business Information (CBI) or other 

information whose disclosure is 

restricted by statute. Multimedia 

submissions (audio, video, etc.) must be 

accompanied by a written comment. 

The written comment is considered the 

official comment and should include 

discussion of all points you wish to 

make. The agencies will generally not 

consider comments or comment 

contents located outside of the primary 

submission (i.e. on the web, cloud, or 

other file sharing system). For 

additional submission methods, the full 

EPA public comment policy, 

information about CBI or multimedia 

submissions, and general guidance on 

making effective comments, please visit 

http://www2.epa.gov/dockets/ 

commenting-epa-dockets. 

FOR FURTHER INFORMATION CONTACT: Ms. 

Donna Downing, Office of Water (4504– 

T), Environmental Protection Agency, 

1200 Pennsylvania Avenue NW., 

Washington, DC 20460; telephone 

number: (202) 566–2428; email address: 

CWAwotus@epa.gov; or Ms. Stacey 

Jensen, Regulatory Community of 

Practice (CECW–CO–R), U.S. Army 

Corps of Engineers, 441 G Street NW., 

Washington, DC 20314; telephone 

number: (202) 761–5903; email address: 

USACE_CWA_Rule@usace.army.mil. 

SUPPLEMENTARY INFORMATION: On July 

27, 2017 (82 FR 34899), the EPA and the 

U.S. Department of the Army published 

the proposed rule ‘‘Definition of ‘Waters 

of the United States’—Recodification of 

Pre-existing Rules’’ in the Federal 

Register. The original deadline to 

submit comments was August 28, 2017. 

This action extends the comment period 

for 30 days. Written comments must 

now be received by September 27, 2017. 

Dated: August 16, 2017. 

Michael H. Shapiro, 

Acting Assistant Administrator for Water, 

Environmental Protection Agency. 

Dated: August 16, 2017. 

Douglas W. Lamont, 

Deputy Assistant Secretary of the Army 

(Project Planning and Review), performing 

the duties of the Assistant Secretary of the 

Army for Civil Works. 

[FR Doc. 2017–17739 Filed 8–21–17; 8:45 am] 

BILLING CODE 6560–50–P 

ENVIRONMENTAL PROTECTION 

AGENCY 

40 CFR Part 63 

[EPA–HQ–OAR–2016–0442; FRL–9966–63– 

OAR] 

RIN 2060–AT57 

National Emission Standards for 

Hazardous Air Pollutants From the 

Portland Cement Manufacturing 

Industry: Alternative Monitoring 

Method 

AGENCY: Environmental Protection 

Agency (EPA). 

ACTION: Proposed rule. 

SUMMARY: The U.S. Environmental 

Protection Agency (EPA) is proposing to 

amend the National Emission Standards 

for Hazardous Air Pollutants From the 

Portland Cement Manufacturing 

Industry (Portland Cement NESHAP). 

We are proposing to revise the testing 

and monitoring requirements for 

hydrochloric acid (HCl) due to the 

current unavailability of HCl calibration 

gases used for quality assurance 

purposes. 

DATES: The EPA must receive written 

comments on this proposed rule on or 

before October 6, 2017. 

Public Hearing. If a public hearing is 

requested by August 29, 2017, then we 

will hold a public hearing on September 

6, 2017 at the EPA WJC East Building, 

1201 Constitution Avenue NW., 

Washington, DC 20004. If a public 

hearing is requested, then we will 

provide additional details about the 

public hearing on our Web site at 

https://www.epa.gov/stationary-sourcesair-pollution/portland-cementmanufacturing-industry-nationalemission-standards and https://

www3.epa.gov/airquality/cement/ 

actions.html. To request a hearing, to 

register to speak at a hearing, or to 

inquire if a hearing will be held, please 

contact Aimee St. Clair at (919) 541– 

1063 or by email at stclair.aimee@

epa.gov. The EPA does not intend to 

publish any future notices in the 


sradovich on DSK3GMQ082PROD with PROPOSALS