Federal Register / Vol. 82, No. 192 / Thursday, October 5, 2017 / Notices 46545 

Final Safety Analysis Report (UFSAR) 

in the form of departures from the plantspecific Design Control Document 

(DCD) Tier 2 information, and involves 

changes to related plant-specific DCD 

Tier 1 information, with corresponding 

changes to the associated COL 

Appendix C information. In addition, 

revisions are proposed to COL 

Appendix A, Technical Specifications. 

The proposed changes revise the COLs 

concerning standardizing the Protection 

and Safety Monitoring System (PMS) 

setpoint nomenclature. No changes were 

proposed to setpoint values or PMS 

alarms and actuations. 

Part of the justification for granting 

the exemption was provided by the 

review of the amendment. Because the 

exemption is necessary in order to issue 

the requested license amendment, the 

NRC granted the exemption and issued 

the amendment concurrently, rather 

than in sequence. This included issuing 

a combined safety evaluation containing 

the NRC staff’s review of both the 

exemption request and the license 

amendment. The exemption met all 

applicable regulatory criteria set forth in 

§§ 50.12, 52.7, and section VIII.A.4 of 

appendix D to 10 CFR part 52. The 

license amendment was found to be 

acceptable as well. The combined safety 

evaluation is available in ADAMS under 

Accession No. ML17233A122. 

Identical exemption documents 

(except for referenced unit numbers and 

license numbers) were issued to the 

licensee for VEGP Units 3 and 4 (COLs 

NPF–91 and NPF–92). The exemption 

documents for VEGP Units 3 and 4 can 

be found in ADAMS under Accession 

Nos. ML17233A110 and ML17233A111, 

respectively. The exemption is 

reproduced (with the exception of 

abbreviated titles and additional 

citations) in Section II of this document. 

The amendment documents for COLs 

NPF–91 and NPF–92 are available in 

ADAMS under Accession Nos. 

ML17233A105 and ML17233A106, 

respectively. A summary of the 

amendment documents is provided in 

Section III of this document. 

II. Exemption 

Reproduced below is the exemption 

document issued to VEGP Units 3 and 

Unit 4. It makes reference to the 

combined safety evaluation that 

provides the reasoning for the findings 

made by the NRC (and listed under Item 

1) in order to grant the exemption: 

1. In a letter dated February 24, 2017, 

as supplemented by letter dated August 

7, 2017, the licensee requested from the 

Commission an exemption to allow 

departures from Tier 1 information in 

the certified DCD incorporated by 

reference in 10 CFR part 52, appendix 

D, as part of license amendment request 

17–004, ‘‘Standardization of 

Instrumentation Setpoint 

Nomenclature.’’ 

For the reasons set forth in Section 3.1 

of the NRC staff’s Safety Evaluation, 

which can be found in ADAMS under 

Accession No. ML17233A122, the 

Commission finds that: 

A. The exemption is authorized by 

law; 

B. the exemption presents no undue 

risk to public health and safety; 

C. the exemption is consistent with 

the common defense and security; 

D. special circumstances are present 

in that the application of the rule in this 

circumstance is not necessary to serve 

the underlying purpose of the rule; 

E. the special circumstances outweigh 

any decrease in safety that may result 

from the reduction in standardization 

caused by the exemption; and 

F. the exemption will not result in a 

significant decrease in the level of safety 

otherwise provided by the design. 

2. Accordingly, the licensee is granted 

an exemption from the certified DCD 

Tier 1 information, with corresponding 

changes to Appendix C of the Facility 

Combined License, as described in the 

licensee’s request dated February 24, 

2017, as supplemented by letter dated 

August 7, 2017. This exemption is 

related to, and necessary for the granting 

of License Amendment Nos. 87 (Unit 3) 

and 86 (Unit 4), which is being issued 

concurrently with this exemption. 

3. As explained in Section 6.0 of the 

NRC staff’s Safety Evaluation (ADAMS 

Accession No. ML17233A122), this 

exemption meets the eligibility criteria 

for categorical exclusion set forth in 10 

CFR 51.22(c)(9). Therefore, pursuant to 

10 CFR 51.22(b), no environmental 

impact statement or environmental 

assessment needs to be prepared in 

connection with the issuance of the 

exemption. 

4. This exemption is effective as of the 

date of its issuance. 

III. License Amendment Request 

By letter dated February 24, 2017 

(ADAMS Accession No. ML17055C352), 

as supplemented by letter dated August 

7, 2017 (ADAMS Accession No. 

ML17219A185), the licensee requested 

that the NRC amend the COLs for VEGP, 

Units 3 and 4, COLs NPF–91 and NPF– 

92. The proposed amendment is 

described in Section I of this Federal 

Register notice. 

The Commission has determined for 

these amendments that the application 

complies with the standards and 

requirements of the Atomic Energy Act 

of 1954, as amended (the Act), and the 

Commission’s rules and regulations. 

The Commission has made appropriate 

findings as required by the Act and the 

Commission’s rules and regulations in 

10 CFR Chapter I, which are set forth in 

the license amendment. 

A notice of consideration of issuance 

of amendment to facility operating 

license or COL, as applicable, proposed 

no significant hazards consideration 

determination, and opportunity for a 

hearing in connection with these 

actions, was published in the Federal 

Register on April 25, 2017 (82 FR 

19104). No comments were received 

during the 30-day comment period. 

The Commission has determined that 

these amendments satisfy the criteria for 

categorical exclusion in accordance 

with 10 CFR 51.22. Therefore, pursuant 

to 10 CFR 51.22(b), no environmental 

impact statement or environmental 

assessment need be prepared for these 

amendments. 

IV. Conclusion 

Using the reasons set forth in the 

combined safety evaluation, the staff 

granted the exemption and issued the 

amendment that the licensee requested 

on February 24, 2017, as supplemented 

by letter dated August 7, 2017. 

The exemption and amendment were 

issued on September 22, 2017, as part of 

a combined package to the licensee 

(ADAMS Accession No. ML17233A104). 

Dated at Rockville, Maryland, this 28th day 

of September 2017. 

For the Nuclear Regulatory Commission. 

Jennifer Dixon-Herrity, 

Chief, Licensing Branch 4, Division of New 

Reactor Licensing, Office of New Reactors. 

[FR Doc. 2017–21496 Filed 10–4–17; 8:45 am] 

BILLING CODE 7590–01–P 

POSTAL REGULATORY COMMISSION 

[Docket Nos. MC2017–213 and CP2017–321; 

MC2017–214 and CP2017–322] 

New Postal Products 

AGENCY: Postal Regulatory Commission. 

ACTION: Notice. 

SUMMARY: The Commission is noticing a 

recent Postal Service filing for the 

Commission’s consideration concerning 

a negotiated service agreement. This 

notice informs the public of the filing, 

invites public comment, and takes other 

administrative steps. 

DATES: Comments are due: October 10, 

2017. 

ADDRESSES: Submit comments 

electronically via the Commission’s 

Filing Online system at http://

www.prc.gov. Those who cannot submit 


ethrower on DSK3G9T082PROD with NOTICES
46546 Federal Register / Vol. 82, No. 192 / Thursday, October 5, 2017 / Notices 

1The Index is a rules-based index that follows a 

proprietary model developed by Ned Davis 

Research, Inc. in conjunction with Capital 

Management Group, Inc. To help limit loss 

associated with adverse market conditions, the 

model produces trade signals that dictate the 

Index’s equity allocation ranging from 100% fully 

invested (i.e., ‘‘long’’) to 100% in cash (i.e., ‘‘flat’’). 

The Index 100% replicates the S&P 500 Index (the 

‘‘S&P 500’’) when the Index is long and holds U.S. 

Treasury Bills when the Index is flat (i.e., it will be 

allocated to the Solactive 13-week U.S. T-bill 

Index). When the Index is not completely long or 

flat, either 80% or 40% of it will be allocated to 

the S&P 500, with the remaining portion (20% or 

60% respectively) allocated to U.S. Treasury Bills. 

2The Fund will operate as an ETF of ETFs until 

the Fund reaches, in the opinion of the Investment 

Adviser, an adequate asset size. When the Fund 

reaches an adequate size and the Index has an 

equity allocation, the Fund will then seek to track 

the Index by investing directly in the shares of the 

500 companies comprising the S&P 500. In the rare 

event the Fund does not operate as an ETF of ETFs 

for that day, the Fund will operate to meet the 

conditions of the ETF Class Relief, including the 

Equity ETF Class Letter. Applicants do not believe 

that either option will have an effect on the efficacy 

of the arbitrage process for the Fund. 

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 Web site (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 

3007.40. 

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 3010, and 39 

CFR part 3020, 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 3015, and 

39 CFR part 3020, subpart B. Comment 

deadline(s) for each request appear in 

section II. 

II. Docketed Proceeding(s) 

1. Docket No(s).: MC2017–213 and 

CP2017–321; Filing Title: Request of the 

United States Postal Service to Add 

Priority Mail Contract 365 to 

Competitive Product List and Notice of 

Filing (Under Seal) of Unredacted 

Governors’ Decision, Contract, and 

Supporting Data; Filing Acceptance 

Date: September 29, 2017; Filing 

Authority: 39 U.S.C. 3642 and 39 CFR 

3020.30 et seq.; Public Representative: 

Michael L. Leibert; Comments Due: 

October 10, 2017. 

2. Docket No(s).: MC2017–214 and 

CP2017–322; Filing Title: Request of the 

United States Postal Service to Add 

Priority Mail & First-Class Package 

Service Contract 58 to Competitive 

Product List and Notice of Filing (Under 

Seal) of Unredacted Governors’ 

Decision, Contract, and Supporting 

Data; Filing Acceptance Date: 

September 29, 2017; Filing Authority: 39 

U.S.C. 3642 and 39 CFR 3020.30 et seq.; 

Public Representative: Michael L. 

Leibert; Comments Due: October 10, 

2017. 

This notice will be published in the 

Federal Register. 

Stacy L. Ruble, 

Secretary. 

[FR Doc. 2017–21457 Filed 10–4–17; 8:45 am] 

BILLING CODE 7710–FW–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–81771; File No. TP 17–11] 

Order Granting Limited Exemptions 

From Exchange Act Rule 10b–17 and 

Rules 101 and 102 of Regulation M to 

VanEck Vectors NDR CMG Long/Flat 

Allocation ETF Pursuant to Exchange 

Act Rule 10b–17(b)(2) and Rules 101(d) 

and 102(e) of Regulation M 

September 29, 2017. 

By letter dated September 29, 2017 

(the ‘‘Letter’’), counsel for VanEck 

Vectors ETF Trust (the ‘‘Trust’’), on 

behalf of the Trust, VanEck Vectors NDR 

CMG Long/Flat Allocation ETF (the 

‘‘Fund’’), any national securities 

exchange on or through which shares 

issued by the Fund (‘‘Shares’’) may 

subsequently trade, Van Eck Securities 

Corporation (the ‘‘Distributor’’), and 

persons or entities engaging in 

transactions in Shares (collectively, the 

‘‘Applicants’’), requested exemptions, or 

interpretive or no-action relief, from 

Rule 10b–17 of the Securities Exchange 

Act of 1934, as amended (the ‘‘Exchange 

Act’’), and Rules 101 and 102 of 

Regulation M, in connection with 

secondary market transactions in Shares 

and the creation or redemption of 

aggregations of Shares of at least 50,000 

shares (‘‘Creation Units’’). 

The Trust is registered with the 

Securities and Exchange Commission 

(‘‘Commission’’) under the Investment 

Company Act of 1940, as amended 

(‘‘1940 Act’’), as an open-end 

management investment company. The 

Fund is an exchange-traded fund 

(‘‘ETF’’) organized as a series of the 

Trust. The Fund will seek to provide 

investment results that closely 

correspond, before fees and expenses, to 

the performance of the Ned Davis 

Research CMG US Large Cap Long/Flat 

Index (the ‘‘Index’’).1 The Fund intends, 

at least initially, to operate as an ‘‘ETF 

of ETFs’’ by seeking to track the 

performance of its underlying Index by 

holding shares of one or more ETFs 

(each, an ‘‘Underlying ETF’’) whose 

investment objective is to track the 

performance of the S&P 500.2

In order to track the Index, the Fund 

will invest at least 80% of its total assets 

(but typically far more) in component 

securities of the Index (directly or by 

indirect investments through one or 

more Underlying ETFs). The Fund may 

invest the remaining 20% of its total 

assets in securities not included in the 

Index, money market instruments, 

including repurchase agreements or 

other funds which invest exclusively in 

money market instruments, convertible 

securities, structured notes, and certain 

derivatives, which the Investment 

Advisor believes will help the Fund 

track the Index. Depositary receipts not 

included in the Index may also be used 

by the Fund in seeking performance that 


ethrower on DSK3G9T082PROD with NOTICES