48286 Federal Register / Vol. 82, No. 199 / Tuesday, October 17, 2017 / Notices 

1Notice of Changes in Rates of General 

Applicability for Competitive Products Established 

in Governors’ Decision Nos. 16–8 and 16–10, 

October 6, 2017 (Notice). Pursuant to 39 U.S.C. 

3632(b)(2), the Postal Service is obligated to publish 

the Governors’ Decisions and record of proceedings 

in the Federal Register at least 30 days before the 

effective date of the new rates. 

2Notice, Decision of the Governors of the United 

States Postal Service on Changes in Rates of General 

Applicability for Competitive Products (Governors’ 

Decision No. 16–8), November 14, 2016 (Governors’ 

Decision No. 16–8); Notice, Decision of the 

Governors of the United States Postal Service on 

Changes in Rates of General Applicability for 

Competitive Products (Governors’ Decision No. 16– 

10), December 5, 2016 (Governors’ Decision No. 16– 

10) (collectively, Governors’ Decisions). 

3 Governors’ Decision No. 16–8 at 1; Governors’ 

Decision No. 16–10 at 1. 

Notice at 6. 

Price adjustments for products within 

classes vary from the average. See, e.g., 

id. at 8 (Table 5 showing range for FirstClass Mail products). Most of the 

planned adjustments entail increases to 

market dominant rates and fees; 

however, in a few instances, the Postal 

Service proposes no adjustment. See id. 

at 8, 27. 

Close out of Calendar Year (CY) 2017 

promotions. The Postal Service states 

that the new prices reflect the close out 

of the CY 2017 promotions for FirstClass Mail and USPS Marketing Mail. 

Id. at 29. 

Amendment to pallet preparation. 

The Postal Service proposes to amend 

the DMM to increase the preparation of 

USPS Marketing Mail and Periodicals 

Carrier Route bundles on 5-Digit Carrier 

Route pallets in non-FSS zones. Id. at 

30. The Postal Service states that the 

billing determinants for USPS 

Marketing Mail and Periodicals have 

been adjusted to reflect this change. Id. 

Proposed product description 

changes. Stating that there are no 

substantive classification changes 

associated with its request, the Postal 

Service displays the new prices and 

related product description changes to 

the market dominant section of the MCS 

in Attachment A. Id. at 33. 

II. Initial Administrative Actions 

The Commission hereby provides 

public notice of the Postal Service’s 

filing and pursuant to 39 CFR 3010.11 

establishes Docket No. R2018–1 to 

consider the planned price adjustments 

in rates and fees for market dominant 

postal products and services, as well as 

the related classification changes, 

identified in the Postal Service’s 

October 6, 2017 Notice. The 

Commission invites comments from 

interested persons on whether the 

Notice is consistent with 39 U.S.C. 3622 

and the requirements of 39 CFR part 

3010. Comments are due no later than 

October 26, 2017. 

The Commission has posted the 

public portions of the Postal Service’s 

filing on its Web site at http://

www.prc.gov. The Commission will post 

revisions to the filing (if any) or other 

documents the Postal Service submits in 

this docket on its Web site, along with 

related Commission documents, 

comments, or other submissions, unless 

such filings are the subject of an 

application for non-public treatment. 

The Commission’s policy on access to 

documents filed under seal appears in 

39 CFR part 3007. 

Pursuant to 39 U.S.C. 505, the 

Commission appoints Lee McFarland to 

represent the interests of the general 

public (Public Representative) in this 

proceeding. 

III. Ordering Paragraphs 

It is ordered: 

1. The Commission establishes Docket 

No. R2018–1 to consider planned price 

adjustments in rates and fees for market 

dominant postal products and services 

and related changes identified in the 

Postal Service’s October 6, 2017 Notice. 

2. Comments on the planned price 

adjustments and related classification 

changes are due no later than October 

26, 2017. 

3. Pursuant to 39 U.S.C. 505, Lee 

McFarland is appointed to serve as an 

officer of the Commission (Public 

Representative) to represent the 

interests of the general public in this 

proceeding. 

4. The Commission directs the 

Secretary of the Commission to arrange 

for prompt publication of this notice in 

the Federal Register. 

By the Commission. 

Stacy L. Ruble, 

Secretary. 

[FR Doc. 2017–22370 Filed 10–16–17; 8:45 am] 

BILLING CODE 7710–FW–P 

POSTAL REGULATORY COMMISSION 

[Docket No. CP2018–8; Order No. 4154] 

Competitive Price Adjustment 

AGENCY: Postal Regulatory Commission. 

ACTION: Notice. 

SUMMARY: The Commission is noticing a 

recently filed Postal Service notice of 

rate adjustments affecting competitive 

domestic and international products 

and services. The adjustments are 

scheduled to take effect January 21, 

2018. This notice informs the public of 

the filing, invites public comment, and 

takes other administrative steps. 

DATES: Comments are due: October 24, 

2017. 

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 and Overview 

II. Initial Administrative Actions 

III. Ordering Paragraphs 

I. Introduction and Overview 

On October 6, 2017, the Postal Service 

filed notice with the Commission 

concerning changes in rates of general 

applicability for competitive products.1

The Postal Service represents that, as 

required by 39 CFR 3015.2(b), the 

Notice includes an explanation and 

justification for the changes, the 

effective date, and a schedule of the 

changed rates. See Notice at 1. The 

changes are scheduled to take effect on 

January 21, 2018. Id. 

Attached to the Notice are Governors’ 

Decisions Nos. 16–10 and 16–8, which 

state the new prices are in accordance 

with 39 U.S.C. 3632 and 3633 and 39 

CFR 3015.2.2 The Governors’ Decisions 

provide an analysis of the competitive 

products’ price changes intended to 

demonstrate that the changes comply 

with 39 U.S.C. 3633 and 39 CFR part 

3015.3 The attachment to the Governors’ 

Decisions sets forth the price changes 

and includes draft Mail Classification 

Schedule (MCS) language for 

competitive products of general 

applicability. 

The Governors’ Decisions include two 

additional attachments: 

• A partially redacted table showing 

FY 2017 projected volumes, revenues, 

attributable costs, contribution, and cost 

coverage for each product, assuming 

implementation of the new prices on 

January 21, 2018. 

• A partially redacted table showing 

FY 2017 projected volumes, revenues, 

attributable costs, contribution, and cost 

coverage for each product, assuming a 

hypothetical implementation of the new 

prices on October 1, 2017. 

The Notice also includes an 

application for non-public treatment of 

the attributable costs, contribution, and 

cost coverage data in the unredacted 

version of the annex to the Governors’ 

Decisions, as well as the supporting 

materials for the data. 


sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 82, No. 199 / Tuesday, October 17, 2017 / Notices 48287 

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

2 17 CFR 240.19b–4. 

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

4 17 CFR 240.19b–4(f)(2). 

5Each term not otherwise defined herein has its 

respective meaning as set forth in the Rules, ByLaws and Organization Certificate of DTC (the 

‘‘Rules’’), available at http://www.dtcc.com/legal/ 

rules-and-procedures.aspx, and the DTC 

Operational Arrangements (Necessary for Securities 

to Become and Remain Eligible for DTC Services) 

(‘‘OA’’), available at http://www.dtcc.com/∼/media/ 

Files/Downloads/legal/issue-eligibility/eligibility/ 

operational-arrangements.pdf. 

6Available at http://www.dtcc.com/∼/media/ 

Files/Downloads/legal/fee-guides/dtcfee

guide.pdf?la=en. 

7Supra note 6. 

8Only (i) Participants and (ii) underwriters with 

an approved correspondent relationship with a 

Participant, may request DTC eligibility for a new 

security being offered and distributed. It is therefore 

incumbent on an Issuer to have a relationship with 

an underwriter or other financial institution that is 

Continued 

Planned price adjustments. The 

Governors’ Decisions include an 

overview of the Postal Service’s planned 

price changes, which is summarized in 

the table below. 

TABLE I–1—PROPOSED PRICE

CHANGES

Product name 

Average 

price 

increase 

(percent) 

Domestic Competitive Products 

Priority Mail Express ..................... 3.9 

Retail ......................................... 3.9 

Commercial Base ...................... 3.7 

Commercial Plus ....................... 3.7 

Priority Mail ................................... 3.9 

Retail ......................................... 0.8 

Commercial Base ...................... 6.2 

Commercial Plus ....................... 6.1 

Parcel Select ................................ ................

Traditional ................................. 4.9 

Lightweight ................................ 7.0 

Parcel Return Service .................. 4.9 

Return Sectional Center Facility 5.2 

Return Delivery Unit .................. 4.6 

First-Class Package Service ........ ................

Commercial ............................... 3.9 

Retail ......................................... 14.5 

Retail Ground ............................... 3.9 

Domestic Extra Services 

Premium Forwarding Service Enrollment Fee .............................. 3.9 

Adult Signature Service ................ ................

Basic ......................................... 3.4 

Person-Specific ......................... 3.3 

Competitive Post Office Box ........ 6.5 

Package Intercept Service ........... 3.9 

International Competitive Products 

Global Express Guaranteed ......... 3.9 

Priority Mail Express International 3.9 

Priority Mail International .............. 3.9 

International Priority Airmail ......... 3.9 

International Priority Airmail MBags ...................................... 3.9 

International Surface Air Lift ......... 3.9 

International Surface Air Lift MBags ...................................... 3.9 

Airmail M-Bags ............................. 3.9 

First-Class Package International 

Service ...................................... 3.9 

International Ancillary Services and Special 

Services 

International Ancillary Services .... 3.9 

Source: See Governors’ Decision No. 16–8 

at 2–5; Governors’ Decision No. 16–10 at 1; 

Mail Classification Schedule sections 2105.6, 

2110.6, 2115.6, 2125.6, 2135.6, 2305.6, 

2315.6, 2335.6, and 2510.9.6. 

II. Initial Administrative Actions 

The Commission establishes Docket 

No. CP2018–8 to consider the Postal 

Service’s Notice. Interested persons may 

express views and offer comments on 

whether the planned changes are 

consistent with 39 U.S.C. 3632, 3633, 

and 3642, 39 CFR part 3015, and 39 CFR 

3020 subparts B and E. Comments are 

due no later than October 24, 2017. For 

specific details of the planned price 

changes, interested persons are 

encouraged to review the Notice, which 

is available on the Commission’s Web 

site, www.prc.gov. 

Pursuant to 39 U.S.C. 505, Curtis E. 

Kidd is appointed to serve as Public 

Representative to represent the interests 

of the general public in this docket. 

III. Ordering Paragraphs 

It is ordered: 

1. The Commission establishes Docket 

No. CP2018–8 to provide interested 

persons an opportunity to express views 

and offer comments on whether the 

planned changes are consistent with 39 

U.S.C. 3632, 3633, and 3642, 39 CFR 

part 3015, and 39 CFR 3020 subparts B 

and E. 

2. Comments are due no later than 

October 24, 2017. 

3. The Commission appoints Curtis E. 

Kidd to serve as Public Representative 

to represent the interests of the general 

public in this proceeding. 

4. The Secretary shall arrange for 

publication of this order in the Federal 

Register. 

By the Commission. 

Stacy L. Ruble, 

Secretary. 

[FR Doc. 2017–22373 Filed 10–16–17; 8:45 am] 

BILLING CODE 7710–FW–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–81854; File No. SR–DTC– 

2017–019] 

Self-Regulatory Organizations; The 

Depository Trust Company; Notice of 

Filing and Immediate Effectiveness of 

Proposed Rule Change To Eliminate a 

Surcharge for Eligibility Requests 

Submitted to DTC Two Days Prior to 

Closing Date 

October 11, 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 October 

2, 2017, The Depository Trust Company 

(‘‘DTC’’) filed with the Securities and 

Exchange Commission (‘‘Commission’’) 

the proposed rule change as described 

in Items I, II and III below, which Items 

have been prepared by the clearing 

agency. DTC filed the proposed rule 

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

of the Act 3 and Rule 19b–4(f)(2) 

thereunder.4 The Commission is 

publishing this notice to solicit 

comments on the proposed rule change 

from interested persons. 

I. Clearing Agency’s Statement of the 

Terms of Substance of the Proposed 

Rule Change 

The proposed rule change 5 would 

revise the DTC Fee Schedule (‘‘Fee 

Schedule’’) 6 to eliminate a fee charged 

to Participants that submit an eligibility 

request or required offering documents 

for a new issue (‘‘Issue’’) of Securities 

two business days prior to the Closing 

Date (‘‘Two-Day Surcharge’’), as 

discussed below. 

II. Clearing Agency’s Statement of the 

Purpose of, and Statutory Basis for, the 

Proposed Rule Change 

In its filing with the Commission, the 

clearing agency 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 

clearing agency has prepared 

summaries, set forth in sections A, B, 

and C below, of the most significant 

aspects of such statements. 

(A) Clearing Agency’s Statement of the 

Purpose of, and Statutory Basis for, the 

Proposed Rule Change 

1. Purpose 

Background 

The proposed rule change would 

revise the Fee Schedule 7 to eliminate 

the Two-Day Surcharge, as discussed 

below. 

Participants 8 are required to provide 

an eligibility request for specified 


sradovich on DSK3GMQ082PROD with NOTICES