Federal Register / Vol. 82, No. 172 / Thursday, September 7, 2017 / Notices 42407 

37 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b-4. 

Exchange has in place a comprehensive 

surveillance sharing agreement. In 

addition, as noted above, investors will 

have ready access to information 

regarding the Fund’s holdings, the IIV, 

and quotation and last sale information 

for the Shares. 

For the above reasons, the Exchange 

believes that the proposed rule change 

is consistent with the requirements of 

Section 6(b)(5) of the Act. 

(B) Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange does not believe that 

the proposed rule change will impose 

any burden on competition that is not 

necessary or appropriate in furtherance 

of the purpose of the Act. The Exchange 

notes that the proposed rule change will 

facilitate the listing and trading of an 

additional type of Index Fund Shares 

that will enhance competition among 

market participants, to the benefit of 

investors and the marketplace. 

(C) Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants or Others 

The Exchange has neither solicited 

nor received written comments on the 

proposed rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Within 45 days of the date of 

publication of this notice in the Federal 

Register or within such longer period 

up to 90 days (i) as the Commission may 

designate if it finds such longer period 

to be appropriate and publishes its 

reasons for so finding, or (ii) as to which 

the self-regulatory organization 

consents, the Commission will: 

(A) By order approve or disapprove 

the proposed rule change; or 

(B) institute proceedings to determine 

whether the proposed rule change 

should be disapproved. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views and 

arguments concerning the foregoing, 

including whether the proposal is 

consistent with the Act. Comments may 

be submitted by any of the following 

methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include File No. SR– 

BatsBZX–2017–53 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE., 

Washington, DC 20549–1090. 

All submissions should refer to File No. 

SR-BatsBZX–2017–53. This file number 

should be included on the subject line 

if email is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

Internet Web site (http://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for Web site viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street NE., 

Washington, DC 20549, on official 

business days between the hours of 

10:00 a.m. and 3:00 p.m. Copies of such 

filing will also be available for 

inspection and copying at the principal 

office of the Exchange. All comments 

received will be posted without change; 

the Commission does not edit personal 

identifying information from 

submissions. You should submit only 

information that you wish to make 

available publicly. All submissions 

should refer to File No. SR–BatsBZX– 

2017–53 and should be submitted on or 

before September 28, 2017. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.37

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2017–18935 Filed 9–6–17; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–81512; File No. SR–BX– 

2017–039] 

Self-Regulatory Organizations; 

NASDAQ BX, Inc.; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change To Address the 

Application of Exchange Rule 11140 

(Transactions in Securities ‘‘ExDividend,’’ ‘‘Ex-Rights’’ or ‘‘ExWarrants’’) as it Relates to Establishing 

Ex-Dividend Dates in connection With 

the Implementation of the T+2 

Settlement Cycle on September 5, 2017 

August 31, 2017. 

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 August 

29, 2017, NASDAQ BX, Inc. (‘‘BX’’ or 

‘‘Exchange’’) filed with the Securities 

and Exchange Commission (‘‘SEC’’ or 

‘‘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 address the 

application of Exchange Rule 11140 

(Transactions in Securities ‘‘ExDividend,’’ ‘‘Ex-Rights’’ or ‘‘ExWarrants’’) as it relates to establishing 

ex-dividend dates in connection with 

the implementation of the T+2 

settlement cycle on September 5, 2017. 

No change to the text of Rule 

11140(b)(1) is required by this proposal. 

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. 

mstockstill on DSK30JT082PROD with NOTICES

42408 Federal Register / Vol. 82, No. 172 / Thursday, September 7, 2017 / Notices 

3See Securities Exchange Act Release No. 80295 

(March 22, 2017), 82 FR 15564 (March 29, 2017) 

(Securities Transaction Settlement Cycle) (File No. 

S7–22–16) (stating that, as amended, SEA Rule 

15c6–1(a) will prohibit broker-dealers from 

effecting or entering into a contract for the purchase 

or sale of a security (other than an exempted 

security, government security, municipal security, 

commercial paper, bankers’ acceptances or 

commercial bills) that provides for payment of 

funds and delivery of securities later than the 

second business day after the date of the contract, 

unless otherwise expressly agreed to by the parties 

at the time of the transaction). 

4See id. 

5See Securities Exchange Act Release No. 34– 

80282 (March 21, 2017), 82 FR 15258 (March 27, 

2017) (Notice of Filing of File No. SR–BX–2017–13). 

6See Securities Exchange Act Release No. 34– 

80640 (May 10, 2017), 82 FR 22598 (May 16, 2017) 

(Order Approving File No. SR–BX–2017–13). 

7See, e.g., Nasdaq Issuer Alert 2017–001, Changes 

to Ex-dividend Procedures Effective September 5, 

2017 to Accommodate T+2 Settlement, http://

nasdaq.cchwallstreet.com/nasdaq/pdf/nasdaqissalerts/2017/2017-001.pdf; NYSE, NYSE MKT, 

NYSE ARCA: Changes Related to the Shortened 

Settlement Cycle (T+2) (July 11, 2017), https://

www.nyse.com/trader-update/ 

history#110000069618. 

8The record date is the date fixed by an issuer 

for the purpose of determining the holder of the 

security who is eligible to receive the dividend, 

interest or principal payment, or any other 

distribution relating to the security. 

9The payable date is the date that the dividend 

is sent to the record owner of the security. 

10See Nasdaq Equity Trader Alert 2017–174 (July 

28, 2017). 

11See, e.g., Nasdaq Issuer Alert 2017–001, 

Changes to Ex-dividend Procedures Effective 

September 5, 2017 to Accommodate T+2 

Settlement, http://nasdaq.cchwallstreet.com/ 

nasdaq/pdf/nasdaq-issalerts/2017/2017-001.pdf; 

NYSE, NYSE MKT, NYSE ARCA: Changes Related 

to the Shortened Settlement Cycle (T+2) (July 11, 

2017), https://www.nyse.com/trader-update/ 

history#110000069618. 

12The last day of the T+3 settlement cycle. 

13The first day of the T+2 settlement cycle. 

14Monday, September 4, 2017 is Labor Day, a 

Federal holiday. 

15See id. 

16The date on which previous trades settling on 

a T+3 settlement cycle and current trades on the 

T+2 settlement cycle will be processed. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

Background 

On March 22, 2017, the SEC adopted 

amendments to SEA Rule 15c6–1(a) to 

shorten the standard settlement cycle 

for U.S. secondary market transactions 

in equities, corporate and municipal 

bonds, unit investment trusts and 

financial instruments composed of these 

products, from three business days after 

the trade date (‘‘T+3’’) to two business 

days after the trade date (‘‘T+2’’).3 The 

industry-wide initiative is designed to 

reduce a number of risks, including 

credit risk, market risk, and liquidity 

risk and, as a result, reduce systemic 

risk for U.S. market participants.4 The 

compliance date for the rule 

amendments is September 5, 2017. 

In support of this initiative, the 

Exchange proposed changes to its rules 

pertaining to securities settlement by, 

among other things, amending the 

definition of ‘‘regular way’’ settlement 

as occurring on T+2.5 On May 10, 2017, 

the SEC approved the Exchange’s 

amendments to the applicable rules, 

including Rule 11140(b), that establish 

or reference T+3 to conform to T+2, and 

these amendments will become effective 

on September 5, 2017.6

During the transition period the 

industry and self-regulatory 

organizations (‘‘SROs’’), including The 

Depository Trust Company (‘‘DTC’’) 

which processes corporate action 

events, have raised concern that the 

September 5, 2017 industry-wide 

transition date from T+3 to T+2 will 

result in September 7, 2017 being a 

‘‘double’’ settlement date for trades that 

occur on September 1, 2017 (under T+3 

and reflecting the Labor Day holiday on 

September 4, 2017) and trades that 

occur on September 5, 2017 (under 

T+2), which generally will result in 

investors who trade on either date being 

deemed a record holder of September 7, 

2017.7 In order to avoid confusion about 

the proper settlement date and to 

coordinate with other SROs, the 

Exchange is proposing not to establish 

September 5, 2017 as an ex-dividend 

date for applicable securities. 

Proposal 

The Exchange is proposing to address 

the application of Rule 11140(b) as it 

relates to the ex-dividend date in 

connection with the implementation of 

the T+2 settlement cycle on September 

5, 2017. As amended to address T+2, the 

timeframes in Rule 11140 to establish an 

ex-dividend date were generally 

reduced by one business day. 

The ex-dividend date (or ex-date) is 

the date on or after which a security is 

traded without a specific dividend or 

distribution. Rule 11140(b) provides for 

the determination of normal exdividend and ex-warrant dates for 

certain types of dividends and 

distributions. As amended to address 

T+2, Rule 11140(b)(1) provides that 

with respect to cash dividends or 

distributions, or stock dividends, and 

the issuance or distribution of warrants, 

which are less than 25% of the value of 

the subject security (i.e., ‘‘regular’’ 

distributions), if the definitive 

information is received sufficiently in 

advance of the record date, the date 

designated as the ‘‘ex-dividend date’’ is 

the first business day preceding the 

record date if the record date falls on a 

business day, or the second business 

day preceding the record date if the 

record date falls on a day designated by 

the Exchange’s Uniform Practice Code 

(‘‘UPC’’) Committee as a non-delivery 

date.8 Rule 11140(b)(2), which did not 

require amendment in connection with 

T+2, establishes the ex-dividend date as 

the first business day following the 

payable date with respect to cash 

dividends or distributions, stock 

dividends and/or splits, and the 

distribution of warrants, which are 25% 

or greater of the value of the subject 

security (i.e., ‘‘large’’ distributions).9

Consistent with the compliance date 

of the amendments to SEA Rule 15c6– 

1(a), the industry and the Exchange 

have adopted Tuesday, September 5, 

2017 as the transition date to the T+2 

settlement cycle.10 To mitigate the 

potential confusion that may result 

concerning proper settlement during the 

transition period, the Exchange, in 

coordination with other SROs, supports 

the proposal that Tuesday, September 5, 

2017 should not be designated as an exdividend date.11

Accordingly, the Exchange proposes 

to interpret Rule 11140(b)(1) so that the 

first record date to which the new exdividend date determination will be 

applied will be Thursday, September 7, 

2017. The ex-dividend dates for 

‘‘regular’’ distributions during the 

transition to T+2 will be as follows: 

Record date Ex-date 

Friday, September 1, 2017 12 ................................................................................................................... Wednesday, August 30, 2017. 

Tuesday, September 5, 2017 13 ............................................................................................................... Thursday, August 31, 2017.14

Wednesday, September 6, 2017 ............................................................................................................. Friday, September 1, 2017.15

Thursday, September 7, 2017 16 .............................................................................................................. Wednesday, September 6, 2017. 

mstockstill on DSK30JT082PROD with NOTICES

Federal Register / Vol. 82, No. 172 / Thursday, September 7, 2017 / Notices 42409 

17 15 U.S.C. 78f(b). 

18 15 U.S.C. 78f(b)(5). 

19As a result of the September 5, 2017 transition 

date for regular-way settlement from T+3 to T+2, 

September 7, 2017 will be a ‘‘double’’ settlement 

date for trades that occur on September 1, 2017 

(under T+3 and reflecting the Labor Day holiday on 

September 4, 2017) and trades that occur on 

September 5, 2017 (under T+2). 

20 15 U.S.C. 78s(b)(3)(A). 

21 17 CFR 240.19b–4(f)(6). In addition, Rule 19b– 

4(f)(6)(iii) requires the Exchange to give the 

Commission written notice of the Exchange’s intent 

to file the proposed rule change, along with a brief 

description and text of the proposed rule change, 

at least five business days prior to the date of filing 

of the proposed rule change, or such shorter time 

as designated by the Commission. The Exchange 

has satisfied this requirement. 

22 17 CFR 240.19b–4(f)(6). 

23 17 CFR 240.19b–4(f)(6)(iii). 

24For purposes only of waiving the 30-day 

operative delay, the Commission has also 

considered the proposed rule’s impact on 

efficiency, competition, and capital formation. See 

15 U.S.C. 78c(f). 

As described above, the ex-date for 

‘‘large’’ distributions under Rule 

11140(b)(2) is the first business day 

following the payable date. This 

provision was not amended in 

connection with T+2. In order to ensure 

that September 5, 2017 will not be 

designated as an ex-dividend date for 

‘‘large’’ distributions, the Exchange will 

advise issuers to not set September 1, 

2017 as the payable date for any ‘‘large’’ 

distribution under Rule 11140(b)(2) and 

proposes to interpret Rule 11140(b)(2) 

so that, if an issuer sets September 1, 

2017 as the payable date for a ‘‘large’’ 

distribution, the ex-dividend date will 

be September 6, 2017, not September 5, 

2017. 

2. Statutory Basis 

The Exchange believes that its 

proposal is consistent with Section 6(b) 

of the Act,17 in general, and furthers the 

objectives of Section 6(b)(5) of the Act,18

in particular, in that it is designed 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. 

Specifically, the Exchange believes that 

the proposal to address the application 

of Rule 11140(b) to exclude September 

5, 2017 as an ex-dividend date for 

‘‘regular’’ or ‘‘large’’ distributions 

supports the collective effort among the 

industry and SROs to mitigate the 

potential confusion concerning proper 

settlement during the transition from 

the T+3 settlement cycle to the T+2 

settlement cycle. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange does not believe that 

the proposed rule change will impose 

any burden on competition not 

necessary or appropriate in furtherance 

of the purposes of the Act. As noted 

above, the SROs support that no 

securities will be subject to an ex-date 

ruling on September 5, 2017. The 

primary benefit of this proposal is to 

minimize potential confusion about 

proper settlement that may arise during 

the transition to the T+2 settlement 

cycle.19 The Exchange believes that the 

proposal would not impose any 

additional costs on the industry. As 

noted above, the proposal does not 

change the text to Rule 11140(b). 

Instead, the proposal interprets the 

application of the rule solely to refrain 

from designating September 5, 2017 as 

an ex-dividend date for ‘‘regular’’ or 

‘‘large’’ distributions. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were either 

solicited or received. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Because the proposed rule change 

does not (i) significantly affect the 

protection of investors or the public 

interest; (ii) impose any significant 

burden on competition; and (iii) become 

operative for 30 days from the date on 

which it was filed, or such shorter time 

as the Commission may designate, the 

proposed rule change has become 

effective pursuant to Section 19(b)(3)(A) 

of the Act 20 and Rule 19b–4(f)(6) 

thereunder.21

A proposed rule change filed under 

Rule 19b–4(f)(6) 22 normally does not 

become operative for 30 days after the 

date of filing. However, pursuant to 

Rule 19b–4(f)(6)(iii),23 the Commission 

may designate a shorter time if such 

action is consistent with the protection 

of investors and the public interest. The 

Exchange has asked the Commission to 

waive the 30-day operative delay so that 

the proposal may become operative 

upon filing. The Exchange has stated 

that the purpose of the proposed rule 

change is to minimize confusion about 

proper settlement that may arise during 

the transition to the T+2 settlement 

cycle on September 5, 2017. The 

Commission believes that waiving the 

30-day operative delay is consistent 

with the protection of investors and the 

public interest to avoid the confusion 

that could arise in connection with the 

transition to the T+2 settlement cycle on 

September 5, 2017, if normal or large 

distributions were to be ex-dividend on 

that date. Accordingly, the Commission 

hereby waives the 30-day operative 

delay requirement and designates the 

proposed rule change as operative upon 

filing.24

At any time within 60 days of the 

filing of the proposed rule change, the 

Commission summarily may 

temporarily suspend such rule change if 

it appears to the Commission that such 

action is necessary or appropriate in the 

public interest, for the protection of 

investors, or otherwise in furtherance of 

the purposes of the Act. If the 

Commission takes such action, the 

Commission shall institute proceedings 

to determine whether the proposed rule 

should be approved or disapproved. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include File Number SR– 

BX–2017–039 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE., 

Washington, DC 20549–1090. 

All submissions should refer to File 

Number SR–BX–2017–039. This file 

number should be included on the 

subject line if email is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

Internet Web site (http://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for Web site viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street NE., 

Washington, DC 20549, on official 

business days between the hours of 

mstockstill on DSK30JT082PROD with NOTICES

42410 Federal Register / Vol. 82, No. 172 / Thursday, September 7, 2017 / Notices 

25 17 CFR 200.30–3(a)(12). 

10:00 a.m. and 3:00 p.m. Copies of the 

filing also will be available for 

inspection and copying at the principal 

office of the Exchange. All comments 

received will be posted without change; 

the Commission does not edit personal 

identifying information from 

submissions. You should submit only 

information that you wish to make 

available publicly. All submissions 

should refer to File Number SR–BX– 

2017–039, and should be submitted on 

or before September 28, 2017. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.25

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2017–18937 Filed 9–6–17; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF STATE 

[Public Notice: 10114] 

Notice of Determinations; Culturally 

Significant Object Imported for 

Exhibition Determinations: Exhibition 

of ‘‘Inlaid Brass Candlestick From Iran’’ 

Object 

SUMMARY: Notice is hereby given of the 

following determinations: I hereby 

determine that a certain object entitled 

‘‘Inlaid Brass Candlestick from Iran,’’ 

imported from abroad for temporary 

exhibition within the United States, is 

of cultural significance. The object is 

imported pursuant to a loan agreement 

with the foreign owner or custodian. I 

also determine that the exhibition or 

display of the exhibit object at The 

Metropolitan Museum of Art, New York, 

New York, from on or about October 1, 

2017, until on or about September 30, 

2022, and at possible additional 

exhibitions or venues yet to be 

determined, is in the national interest. 

FOR FURTHER INFORMATION CONTACT: For 

further information, including 

information identifying the object, 

contact Elliot Chiu in the Office of the 

Legal Adviser, U.S. Department of State 

(telephone: 202–632–6471; email: 

section2459@state.gov). The mailing 

address is U.S. Department of State, 

L/PD, SA–5, Suite 5H03, Washington, 

DC 20522–0505. 

SUPPLEMENTARY INFORMATION: The 

foregoing determinations were made 

pursuant to the authority vested in me 

by the Act of October 19, 1965 (79 Stat. 

985; 22 U.S.C. 2459), E.O. 12047 of 

March 27, 1978, the Foreign Affairs 

Reform and Restructuring Act of 1998 

(112 Stat. 2681, et seq.; 22 U.S.C. 6501 

note, et seq.), Delegation of Authority 

No. 234 of October 1, 1999, Delegation 

of Authority No. 236–3 of August 28, 

2000 (and, as appropriate, Delegation of 

Authority No. 257–1 of December 11, 

2015). I have ordered that Public Notice 

of these determinations be published in 

the Federal Register. 

Alyson Grunder, 

Deputy Assistant Secretary for Policy, Bureau 

of Educational and Cultural Affairs, 

Department of State. 

[FR Doc. 2017–18954 Filed 9–6–17; 8:45 am] 

BILLING CODE 4710–05–P 

DEPARTMENT OF STATE 

[Public Notice: 10113] 

Notice of Determinations; Culturally 

Significant Objects Imported for 

Exhibition Determinations: ‘‘Vermeer 

and the Masters of Genre Painting: 

Inspiration and Rivalry’’ Exhibition 

SUMMARY: Notice is hereby given of the 

following determinations: I hereby 

determine that certain objects to be 

included in the exhibition ‘‘Vermeer 

and the Masters of Genre Painting: 

Inspiration and Rivalry,’’ imported from 

abroad for temporary exhibition within 

the United States, are of cultural 

significance. The objects are imported 

pursuant to loan agreements with the 

foreign owners or custodians. I also 

determine that the exhibition or display 

of the exhibit objects at the National 

Gallery of Art, Washington, District of 

Columbia, from on or about October 22, 

2017, until on or about January 21, 

2018, and at possible additional 

exhibitions or venues yet to be 

determined, is in the national interest. 

FOR FURTHER INFORMATION CONTACT: For 

further information, including a list of 

the imported objects, contact Elliot Chiu 

in the Office of the Legal Adviser, U.S. 

Department of State (telephone: 202– 

632–6471; email: section2459@

state.gov). The mailing address is U.S. 

Department of State, L/PD, SA–5, Suite 

5H03, Washington, DC 20522–0505. 

SUPPLEMENTARY INFORMATION: The 

foregoing determinations were made 

pursuant to the authority vested in me 

by the Act of October 19, 1965 (79 Stat. 

985; 22 U.S.C. 2459), E.O. 12047 of 

March 27, 1978, the Foreign Affairs 

Reform and Restructuring Act of 1998 

(112 Stat. 2681, et seq.; 22 U.S.C. 6501 

note, et seq.), Delegation of Authority 

No. 234 of October 1, 1999, Delegation 

of Authority No. 236–3 of August 28, 

2000 (and, as appropriate, Delegation of 

Authority No. 257–1 of December 11, 

2015). I have ordered that Public Notice 

of these determinations be published in 

the Federal Register. 

Alyson Grunder, 

Deputy Assistant Secretary for Policy, Bureau 

of Educational and Cultural Affairs, 

Department of State. 

[FR Doc. 2017–18953 Filed 9–6–17; 8:45 am] 

BILLING CODE 4710–05–P 

DEPARTMENT OF STATE 

[Public Notice: 10111] 

Procedures With Respect to 

Presidential Permits Where There Has 

Been a Transfer of Ownership or 

Control of a Cross-Border Facility, 

Bridge, or Border Crossing for Land 

Transportation, as Well as for Name 

Change of a Permit Holder 

AGENCY: Department of State. 

ACTION: Notice. 

SUMMARY: The President of the United 

States has authority to require permits 

for transboundary infrastructure projects 

based on his Constitutional powers over 

foreign affairs and national security. The 

Department is issuing this notice to 

describe the procedures it intends to 

follow with respect to transfers of 

ownership or control over cross-border 

facilities subject to Executive Order 

11423, as amended, and Executive 

Order 13337, as well as changes of name 

of an entity holding a Presidential 

permit. This notice supersedes a 

previous notice, Public Notice 5092 

(Procedures for Issuance of a 

Presidential Permit Where There Has 

Been a Transfer of the Underlying 

Facility, Bridge or Border Crossing for 

Land Transportation, 70 FR 30990, May 

31, 2005), in its entirety. 

FOR FURTHER INFORMATION CONTACT: 

Marcus Lee, Bureau of Energy 

Resources, U.S. Department of State, 

2201 C St. NW Suite 4422, Washington, 

DC 20520, (202) 485–1522 for issues 

related to Executive Order 13337; Litah 

Miller, Bureau of Western Hemisphere 

Affairs, U.S. Department of State, 2201 

C St. NW Suite 6262, Washington, DC 

20520 (202) 647–9894 for issues related 

to Executive Order 11423. 

SUPPLEMENTARY INFORMATION: On 

January 24, 2017, the President issued 

Executive Order 13766 on Expediting 

Environmental Reviews and Approvals 

for High Priority Infrastructure Projects 

in which he set forth the general policy 

of the Executive Branch ‘‘to streamline 

and expedite, in a manner consistent 

with law, . . . approvals for all 

infrastructure projects, especially 

projects that are a high priority for the 

Nation,’’ and cited pipelines, bridges, 

mstockstill on DSK30JT082PROD with NOTICES