[Federal Register Volume 82, Number 224 (Wednesday, November 22, 2017)]
[Notices]
[Pages 55686-55689]
[FR Doc No: 2017-25229]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-82094; File No. SR-NYSEArca-2017-128]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing
and Immediate Effectiveness of Proposed Rule Change To Amend Rule 6.4-O
(Series of Options Open for Trading)

November 16, 2017.
    Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of
1934 (``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby given
that, on November 2, 2017, NYSE Arca, Inc. (``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.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 15 U.S.C. 78a.
    \3\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change

    The Exchange proposes to amend Rule 6.4-O (Series of Options Open
for Trading). The proposed rule change is available on the Exchange's
Web site at www.nyse.com, at the principal office of the Exchange, and
at the Commission's Public Reference Room.

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 those 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 parts of such statements.

A. Self-Regulatory Organization's Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The purpose of the filing is to amend Commentary .05 to Rule 6.4-O
to modify the strike price intervals for certain Exchange Traded Funds
(each an ``ETF''). Specifically, the Exchange proposes to modify the
interval setting regime for options on SPDR[supreg] S&P 500[supreg] ETF
(``SPY''), iShares Core S&P 500 ETF (``IVV''), and the SPDR[supreg] Dow
Jones[supreg] Industrial Average ETF (``DIA'') to allow the Exchange to
initiate $1 or greater strike price intervals above $200. Through this
filing, the Exchange intends to make SPY, IVV, and DIA options more
tailored and easier for investors and traders to use, which is
consistent with the rules of other options exchanges.\4\
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    \4\ See, e.g., Chicago Board of Options Exchange (``CBOE'') Rule
5.5, Interpretation and Policy .08; NASDAQ PHLX LLC (``PHLX'') Rule
1012, Commentary .05. CBOE and PHLX both amended their rules
regarding strike setting regimes for SPY and DIA in 2014. See
Securities Exchange Act Release Nos. 72949 (August 29, 2014) 79 FR
53089 (September 5, 2014) (SR-Phlx-2014-46) and 72990 (September 4,
2014) 79 FR 53799 (September 10, 2014) (SR-CBOE-2014-068). Earlier
this year, CBOE and PHLX further modified their rules to include IVV
in the same strike setting regime as SPY. See Securities Exchange
Act Release Nos. 80913 (June 13, 2017), 82 FR 27907 (June 19, 2017)
(SR-CBOE-2017-048) and 81246 (July 28, 2017) 82 FR 36020 (August 2,
2017) (SR-Phlx-2017-57). The Exchange is authorized to match (and
has matched) strikes in DIA, SPY, and IVV that are listed on other
exchanges such as CBOE and PHLX. See Rule 6.4A-O(b)(vi) (providing
that the Exchange ``may list an options series that is listed by
another options exchange, provided that at the time such series was
listed it was not prohibited under the provisions of the [Options
Listing Procedure Plan or OLPP] or the rules of the exchange that
initially listed the series''). The proposed rule change would allow
the Exchange to initially list strike price intervals of $1 or
greater in options on DIA, SPY, or IVV when the strike price is
above $200 (regardless of whether other exchanges similarly list
such strikes).
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    Currently, the S&P 500 Index is above 2000.\5\ The S&P 500 Index is
widely regarded as the best single gauge of large cap U.S. equities and
is widely quoted as an indicator of stock prices and investor
confidence in the securities market. As a result, individual investors
often use S&P 500 Index-related products to diversify their portfolios
and benefit from market trends. Accordingly, the Exchange believes that
offering a wide range of S&P 500 Index-based options affords traders
and investors important hedging and trading opportunities. SPY and IVV
are identical in all material respects and are designed to track the
performance of the S&P 500 Index. Shares of SPY and IVV are currently
priced around 1/10th the value of S&P 500 Index. The Dow Jones
Industrial Average (``DJIA'') is currently above 20,000 and is one of
the most widely followed market indices.\6\ Shares of DIA are currently
priced around 1/100th of the DJIA. Accordingly, SPY and IVV strike
prices--having a multiplier of $100--reflect a value roughly equal to
1/10th of the value of the S&P 500 Index. For example, if the S&P 500
Index is at 1972.56, shares of SPY and IVV might have a value of
approximately 197.26 per share. Consequently, an at-the-money option on
SPY or IVV, with a strike price of $197.00 will have a notional value
of $19,700. In general, SPY and IVV (and, to a lesser extent, DIA)
options provide retail investors and traders with the benefit of
trading the broad market in a manageably sized contract.
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    \5\ On October 30, 2017, the S&P 500 Index closed at 2,572.83.
    \6\ On October 30, 2017, the DJIA closed at 23,348.74.
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    The Exchange notes that the popularity of options on DIA and SPY
(and, to a lesser extent, IVV) is evidenced by the existence of
monthly, quarterly, and weekly expiration cycles in these ETFs.\7\
Currently, Commentary .05(a) to Rule 6.4-O provides that the ``interval
of strike prices of series of options on Exchange-Traded Fund Shares
will be $1 or greater where the strike price is $200 or less and $5 or
greater where the strike price is greater than $200.'' \8\ Thus, unless
the Exchange is able to match strikes listed on other exchanges (see
supra note 4), the current rule limits the trading and hedging
possibilities for investors on the Exchange--particularly those
investors that would like to execute strategies that are effective in
$1 intervals. The Exchange therefore proposes to amend Commentary .05
to Rule 6.4-O to allow the Exchange to initiate $1 strike price
intervals in options on SPY, IVV, and DIA. As proposed, the modified
rule would provide that ``[n]otwithstanding any other provision of this
rule regarding the interval of strike prices of series of options on
Exchange-Traded Fund Shares, the interval of strike prices on options
on [SPY, IVV, and DIA] will be $1 or greater.'' \9\
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    \7\ For rules regarding quarterly or weekly options (also known
as Short Term Options or STOS), see Commentaries .07 and .08,
respectively, to Rule 6.4-O.
    \8\ See Rule 6.4-O, Commentary 5(a). See also Rule 6.4-O,
Commentary .07 (e) (providing, in relevant part, that [i]f the class
does not trade in $1 strike price intervals, the strike price
interval for Short Term Option Series may be (i) $0.50 or greater
where the strike price is less than $100; (ii) $1.00 or greater
where the strike price is between $100 and $150; or (iii) $2.50 or
greater for strike prices greater than $150. A non-Short Term Option
that is on a class that has been selected to participate in the
Short Term Option Series Program is referred to as a ``Related non-
Short Term Option'').
    \9\ See proposed Rule 6.4-O, Commentary 5(d).
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    The Exchange believes that modifying the Rule to allow the Exchange
to initiate finer--i.e., one dollar--strike intervals in SPY, IVV, and
DIA, would provide investors more efficient hedging and trading
opportunities. In particular, the proposed ability to initiate $1
intervals, particularly above a $200 strike price, will result in
having at-the-money series based upon the underlying SPY, IVV, or DIA
moving less than 1%. The Exchange believes this strike setting regime
is consistent with slower price movements of broad-based indices.
Furthermore, the proposed ability to initiate $1 intervals would allow
investors to continue to employ certain option trading strategies
(e.g., risk reduction/hedging strategies using SPY weekly options)
without the Exchange having to wait for another exchange to list such
strikes. Considering that $1 intervals already exist below the $200
price point, and that SPY, IVV, and DIA are above the $200 level, the
Exchange believes it would be appropriate to modify the existing $200
level (above which intervals increase 500% to $5) for options on these
ETFs. The Exchange believes that eliminating the existing $200 level
would allow investors to continue investing, trading and utilizing

hedging strategies on these highly-liquid options.
    Under the current rule, the Exchange is limited in its ability to
initiate strikes in options on IVV, DIA, and SPY over $200. Assuming no
other exchange lists the desired strike, investors and traders on the
Exchange are unable to roll open positions from a lower strike to a
higher strike in conjunction with the price movement of the underlying
index because the next (higher) available series would be $5 away above
a $200 strike price.\10\ Thus, to initiate a position from $200 strike
to a $205 strike under the current rule, an investor would need for the
underlying product to move 2.5% and would not be able to execute a roll
up until such a large movement occurred. With the proposed rule change
to allow the Exchange to initiate finer strikes in options on IVV, DIA,
and SPY over the $200 level, however, the investor would be in a
significantly safer position of being able to roll his open options
position from a $200 to a $201 strike price, which is only a 0.5% move
for the underlying.\11\
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    \10\ See Rule 6.4-O, Commentary 5(a).
    \11\ See proposed Rule 6.4-O, Commentary 5(d).
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    The proposed rule change would allow the Exchange to better respond
to customer demand for SPY, IVV, and DIA strike prices more precisely
aligned with current S&P 500 Index and DJIA values.\12\ The Exchange
believes that the proposed rule change, like the other strike price
programs currently offered by the Exchange, would benefit investors by
continuing to provide investors the flexibility to more closely tailor
their investment and hedging decisions using options on SPY, IVV, and
DIA. By allowing the Exchange to initiate the listing of series of
options on SPY, IVV, and DIA in $1 intervals between strike prices over
$200, the proposal would moderately augment the potential total number
of options series available on the Exchange.\13\ However, the Exchange
believes it and the Options Price Reporting Authority (``OPRA'') have
the necessary systems capacity to handle any potential additional
traffic associated with this proposed rule change. The Exchange also
believes that members will not have a capacity issue due to the
proposed rule change. Finally, the Exchange represents that it does not
believe that this expansion will cause fragmentation of liquidity.
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    \12\ See supra notes 5, 6.
    \13\ As noted herein (see supra note 4), the Exchange has
matched strikes listed by other exchanges in options on IVV, DIA and
SPY.
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2. Statutory Basis
    The proposed rule change is consistent with Section 6(b) \14\ of
the Act, in general, and furthers the objectives of Section
6(b)(5),\15\ in particular, in that it is designed to prevent
fraudulent and manipulative acts and practices, to promote just and
equitable principles of trade, to foster cooperation and coordination
with persons engaged in facilitating transactions in securities, and to
remove impediments to and perfect the mechanisms of a free and open
market and a national market system. Additionally, the Exchange
believes the proposed rule change is consistent with the Section
6(b)(5) \10\ requirement that the rules of an exchange not be designed
to permit unfair discrimination between customers, issuers, brokers, or
dealers.
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    \14\ 15 U.S.C. 78f(b).
    \15\ 15 U.S.C. 78f(b)(5).
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    In particular, the proposed rule change would promote just and
equitable principles of trade by allowing the Exchange to initiate
strikes in options on IVV, DIA, and SPY over $200, which would result
in continued trading and hedging opportunities in options on these
ETFs. The proposed change would likewise ensure that such options
investors are not at a disadvantage simply because of the strike price.
    The Exchange also believes the proposed rule change is consistent
with Section 6(b)(1) of the Act, which provides that the Exchange be
organized and have the capacity to be able to carry out the purposes of
the Act and the rules and regulations thereunder, and the rules of the
Exchange. The rule change proposal allows the Exchange to respond to
customer demand to allow options on SPY, IVV, and DIA to trade in $1
intervals above a $200 strike price. The Exchange does not believe that
the proposed rule would create additional capacity issues or affect
market functionality.
    As noted above, under the current rule (absent another exchange
listing strikes that the Exchange could match),\16\ ETF options trade
in wider $5 intervals above a $200 strike price, whereas options at or
below a $200 strike price trade in $1 intervals. This creates a
situation where contracts on the same option class effectively may not
be able to execute certain strategies such as, for example, rolling to
a higher strike price, simply because of the arbitrary $200 strike
price above which options intervals increase by $5. This proposal
establishes a clear exception to the current ETF interval regime for
options on SPY, IVV, and DIA to allow the Exchange to initiate the
listing of such options to trade in $1 or greater intervals at all
strike prices.
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    \16\ See supra note 4.
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    The Exchange believes that the proposed rule change, like other
strike price programs currently offered by the Exchange, would remove
impediments to and perfect the mechanisms of a free and open market and
a national market system to the benefit of investors by giving them
increased flexibility to more closely tailor their investment and
hedging decisions. Finally, the proposal would foster cooperation and
coordination with persons engaged in facilitating transactions in
securities as this proposal would align Exchange rules with those of
other exchanges--including CBOE and PHLX--to permit finer strikes in
IVV, DIA, and SPY.\17\
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    \17\ See supra note 4.
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    With regard to the impact of this proposal on system capacity, the
Exchange believes it and OPRA have the necessary systems capacity to
handle any potential additional traffic associated with this proposed
rule change. The Exchange believes that its members will not have a
capacity issue as a result of this proposal.

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. Rather, the proposed rule
change would enable the Exchange to better compete with other options
exchanges that have already adopted the proposed strike setting
regime.\13\ Although the Exchange is able to match strikes listed by
other exchanges, this proposal would allow the [sic] initiate strikes
in IVV, DIA, and SPY regardless of strikes listed on other exchanges,
which should help level the playing field for investors investing in,
trading and utilizing hedging strategies on these options

C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others

    No written comments were solicited or received with respect to the
proposed rule change.

III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action

    The Exchange has filed the proposed rule change pursuant to Section
19(b)(3)(A)(iii) of the Act \18\ and Rule

19b-4(f)(6) thereunder.\19\ Because the foregoing 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, it has become
effective pursuant to Section 19(b)(3)(A) of the Act \20\ and Rule 19b-
4(f)(6) thereunder.\21\
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    \18\ 15 U.S.C. 78s(b)(3)(A)(iii).
    \19\ 17 CFR 240.19b-4(f)(6).
    \20\ 15 U.S.C. 78s(b)(3)(A).
    \21\ 17 CFR 240.19b-4(f)(6). As required under Rule 19b-
4(f)(6)(iii), the Exchange provided the Commission with written
notice of its intent to file the proposed rule change, along with a
brief description and the 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.
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    A proposed rule change filed under Rule 19b-4(f)(6) normally does
not become operative prior to 30 days after the date of the filing.
However, pursuant to Rule 19b-4(f)(6)(iii), 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 immediately upon filing. As noted above, the
proposal would allow the Exchange to initiate $1 or greater strike
price intervals above $200 for options on SPY, DIA, and IVV.
Substantially similar rules are already in place at CBOE and PHLX, and
the Exchange currently has the ability to list, and does list, these
strike price intervals pursuant to its matching authority in Rule
903A(b)(vi). The Commission therefore believes that waiver of the
operative delay is consistent with the protection of investors and the
public interest. Therefore, the Commission designates the proposed rule
change to be operative upon filing.\22\
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    \22\ For purposes only of waiving the 30-day operative delay,
the Commission has considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
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    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.

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 [email protected]. Please include
File Number SR-NYSEArca-2017-128 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-NYSEArca-2017-128. 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 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. Persons submitting
comments are cautioned that we do not redact or edit personal
identifying information from comment submissions. You should submit
only information that you wish to make available publicly. All
submissions should refer to File Number SR-NYSEArca-2017-128 and should
be submitted on or before December 13, 2017.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\23\
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    \23\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-25229 Filed 11-21-17; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register Volume 79, Number 61 (Monday, March 31, 2014)]
[Notices]
[Pages 18107-18108]
[FR Doc No: 2014-07042]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-71799; File No. SR-CME-2014-09]

Self-Regulatory Organizations; Chicago Mercantile Exchange Inc.;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change
Regarding Acceptance of a New Series of Credit Default Swap Index
Product

March 25, 2014.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Exchange Act'' or ``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice
is hereby given that on March 14, 2014, Chicago Mercantile Exchange
Inc. (``CME'') filed with the Securities and Exchange Commission
(``Commission'') the proposed rule changes described in Items I and II
below, which Items have been primarily prepared by CME. CME filed the
proposal pursuant to Section 19(b)(3)(A)(iii) of the Act \3\ and Rule
19b-4(f)(4)(ii) \4\ thereunder so that the proposal was effective upon
filing with the Commission. The Commission is publishing this notice to
solicit comments on the proposed rule changes from interested persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ 15 U.S.C. 78s(b)(3)(A)(iii).
    \4\ 17 CFR 240.19b-4(f)(4)(ii).
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I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Changes

    CME is filing proposed rule changes that are limited to its
business as a derivatives clearing organization. More specifically, the
proposed rule changes involve CME's acceptance of a new credit default
swap index product series.

II. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Changes

    In its filing with the Commission, CME included statements
concerning the purpose and basis for the proposed rule changes and
discussed any comments it received on the proposed rule changes. The
text of these statements may be examined at the places specified in
Item IV below. CME 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 Changes

    CME is registered as a DCO with the Commodity Futures Trading
Commission and offers clearing services for many different futures and
swaps products, including certain credit default swap index products.
Currently, CME offers clearing of the Markit CDX North American
Investment Grade Index Series 9, 10, 11, 12, 13, 14, 15, 16, 17, 18,
19, 20 and 21. CME also offers clearing of the Markit CDX North
American High Yield Index Series 11, 12, 13, 14, 15, 16, 17, 18, 19, 20
and 21.
    The proposed rule changes would expand CME's Markit CDX North
American Investment Grade (``CDX IG'') Index and Markit CDX North
American High Yield (``CDX HY'') Index product offerings by
incorporating the upcoming Series 22 for both sets of index products.
    In addition to the changes to expand CME's CDX offering, CME also
proposes to remove from the current list of accepted CDX indices
certain products whose termination dates have passed. These products
are set forth in the following table:

------------------------------------------------------------------------
                                                    Termination date
          CDX Index                 Series       (scheduled termination
                                                          date)
------------------------------------------------------------------------
CDX North American Investment              11   20 Dec 2013.
 Grade (CDX.NA.IG).
CDX North American Investment              15   20 Dec 2013.
 Grade (CDX.NA.IG).
CDX North American High Yield              11   20 Dec 2013.
 (CDX.NA.HY).
------------------------------------------------------------------------

    Although these changes will be effective on filing, CME plans to
operationalize the proposed changes as follows: CDX IG 22 will become
available for clearing on March 20, 2014; CDX HY 22 will become
available for clearing on March 27, 2014; the product deletions will be
effective immediately.
    The changes that are described in this filing are limited to CME's
business as a DCO clearing products under the exclusive jurisdiction of
the CFTC and do not materially impact CME's security-based swap
clearing business in any way. CME notes that it has also certified the
proposed rule changes that are the subject of this filing to its
primary regulator, the Commodity Futures Trading Commission (``CFTC''),
in a separate filing, CME Submission 14-066.
    CME believes the proposed rule changes are consistent with the
requirements of the Exchange Act including Section 17A of the Exchange
Act.\5\ The proposed rule changes would expand CME's CDX IG and CDX HY
product offerings by incorporating the upcoming Series 22 for both sets
of index products and would therefore provide investors with an
expanded range of derivatives products for clearing (and would also
remove certain products whose termination dates have passed). As such,
the proposed changes are designed to promote the prompt and accurate
clearance and settlement of securities transactions and, to the extent
applicable, derivatives agreements, contracts, and transactions, to
assure the safeguarding of securities and funds which are in the
custody or control of the clearing agency or for which it is
responsible, and, in general, to protect investors and the public
interest consistent with Section 17A(b)(3)(F) of the Exchange Act.\6\
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    \5\ 15 U.S.C. 78q-1.
    \6\ 15 U.S.C. 78q-1(b)(3)(F).
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    Furthermore, the proposed changes are limited in their effect to
swaps products offered under CME's authority to act as a DCO. These
products are under the exclusive jurisdiction of the CFTC. As such, the
proposed CME changes are limited to CME's activities as a DCO clearing
swaps that are not security-based swaps; CME notes that the policies of
the CFTC with respect to administering the Commodity Exchange Act are
comparable to a number of the policies underlying the Exchange Act,
such as promoting market transparency for over-the-counter derivatives
markets, promoting the prompt and accurate clearance of transactions
and protecting investors and the public interest.
    Because the proposed changes are limited in their effect to swaps
products

offered under CME's authority to act as a DCO, the proposed changes are
properly classified as effecting a change in an existing service of CME
that:
    (a) primarily affects the clearing operations of CME with respect
to products that are not securities, including futures that are not
security futures, and swaps that are not security-based swaps or mixed
swaps; and
    (b) does not significantly affect any securities clearing
operations of CME or any rights or obligations of CME with respect to
securities clearing or persons using such securities-clearing service.
    As such, the changes are therefore consistent with the requirements
of Section 17A of the Exchange Act \7\ and are properly filed under
Section 19(b)(3)(A) \8\ and Rule 19b-4(f)(4)(ii) \9\ thereunder.
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    \7\ 15 U.S.C. 78q-1.
    \8\ 15 U.S.C. 78s(b)(3)(A).
    \9\ 17 CFR 240.19b-4(f)(4)(ii).
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B. Self-Regulatory Organization's Statement on Burden on Competition

    CME does not believe that the proposed rule changes will have any
impact, or impose any burden, on competition. The rule changes simply
facilitate the offering of two new series of credit default swap index
products.

C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Changes Received From Members, Participants, or Others

    CME has not solicited, and does not intend to solicit, comments
regarding the proposed rule changes. CME has not received any
unsolicited written comments from interested parties.

III. Date of Effectiveness of the Proposed Rule Changes and Timing for
Commission Action

    The foregoing rule changes has become effective pursuant to Section
19(b)(3)(A) \10\ of the Act and Rule 19b-4(f)(4)(ii) \11\ thereunder.
At any time within 60 days of the filing of the proposed rule changes,
the Commission summarily may temporarily suspend such rule changes 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.
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    \10\ 15 U.S.C. 78s(b)(3)(A).
    \11\ 17 CFR 240.19b-4(f)(4)(ii).
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IV. Solicitation of Comments

    Interested persons are invited to submit written data, views and
arguments concerning the foregoing, including whether the proposed rule
changes are 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<EMAIL_ADDRESS>Please include
File No. SR-CME-2014-09 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-CME-2014-09. 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 changes that are
filed with the Commission, and all written communications relating to
the proposed rule changes 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 also will be available
for inspection and copying at the principal office of CME and on CME's
Web site at http://www.cmegroup.com/market-regulation/rule-filings.html.

    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-CME-2014-09 and
should be submitted on or before April 21, 2014.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\12\
---------------------------------------------------------------------------

    \12\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-07042 Filed 3-28-14; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register Volume 87, Number 139 (Thursday, July 21, 2022)]
[Notices]
[Pages 43594-43595]
[FR Doc No: 2022-15560]

=======================================================================
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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

Notice of Receipt and Request for Review of Noise Compatibility
Program

AGENCY: Federal Aviation Administration, DOT.

SUMMARY: The Federal Aviation Administration (FAA) announces that it is
reviewing a proposed noise compatibility program that was submitted for
Teterboro Airport by The Port Authority of New York and New Jersey.
This program was submitted subsequent to a determination by FAA that
associated noise exposure maps submitted for Teterboro Airport were in
compliance with applicable requirements, effective June 15, 2017. The
proposed noise compatibility program will be approved or disapproved on
or before January 11, 2023. This notice also announces the availability
of this noise compatibility program for public review and comment.

DATES: The effective date of start of FAA's review of the noise
compatibility program is July 15, 2022. The public comment period ends
September 13, 2022.

FOR FURTHER INFORMATION CONTACT: Andrew Brooks, Regional Environmental
Program Manager, Airports Division, Federal Aviation Administration, 1
Aviation Plaza, Room 516, Jamaica, NY 11434. Phone Number: 718-553-
2511. Comments on the proposed noise compatibility program should also
be submitted to the above office.

SUPPLEMENTARY INFORMATION: This notice announces that the FAA is
reviewing a proposed noise compatibility program (NCP) for Teterboro
Airport which will be approved or disapproved on or before January 11,
2023. This notice also announces the availability of this program for
public review and comment.
    An airport operator who has submitted noise exposure maps (NEM)
that are found by FAA to be in compliance with the requirements of
title 49, United States Code (U.S.C.) (Aviation Safety and Noise
Abatement Act, hereinafter referred to as ``the Act'') and Title 14,
Code of Federal Regulations (CFR) part 150 (14 CFR 150), promulgated
pursuant to the Act, may submit a noise compatibility program for FAA
approval which sets forth the measures the operator has taken or
proposes to reduce existing non-compatible uses and prevent the
introduction of additional non-compatible uses. The FAA previously
determined that the NEMs for Teterboro Airport were in compliance with
applicable requirements under 14 CFR 150, effective June 15, 2017
(Noise Exposure Map Notice for Teterboro Airport, Teterboro, New
Jersey, volume 82, Federal Register, pages 28545-6, June 22, 2017).
    The FAA has formally received the NCP for Teterboro Airport on July
7, 2022. The airport operator has requested that the FAA review this
material and that the noise mitigation measures, to be implemented
jointly by the airport and surrounding communities, be approved as a
NCP under section 47504 of the Act. Preliminary review of the submitted
material indicates that it conforms to the requirements for the
submittal of NCPs, but that further review will be necessary prior to
approval or disapproval of the program for Teterboro Airport. The
formal review period, limited by law to a maximum of 180 days, was
initiated on July 15, 2022 and will be completed on or before January
11, 2023.
    The FAA's detailed evaluation will be conducted under the
provisions of 14 CFR 150.33. The primary considerations in the
evaluation process are whether the proposed measures may reduce the
level of aviation safety, create an undue burden on interstate or
foreign commerce, or be reasonably consistent with obtaining the goal
of reducing existing non-compatible land uses and preventing the
introduction of additional non-compatible land uses.

    Interested persons are invited to comment on the proposed program
with specific reference to these factors. All comments, other than
those properly addressed to local land use authorities, will be
considered by the FAA to the extent practicable. Copies of the proposed
NCP for Teterboro Airport are available for examination online at
http://panynjpart150.com/TEB_FNCP.asp.
    The Port Authority of New York and New Jersey has also made a hard
copy of the document available for review at the Office of the General
Manager for Teterboro Airport, located at 90 Moonachie Avenue,
Teterboro, New Jersey. Interested parties can contact the office at
(201) 807-4020 to arrange for a review.
    Questions regarding this notice may be directed to the individual
named above under the heading, FOR FURTHER INFORMATION CONTACT.

    Issued in Jamaica, NY, on July 15, 2022.
David A. Fish,
Director, Airports Division, Eastern Region.
[FR Doc. 2022-15560 Filed 7-20-22; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register: November 29, 2010 (Volume 75, Number 228)]
[Notices]
[Page 73101-73103]
[DOCID:fr29no10-100]

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DEPARTMENT OF HEALTH AND HUMAN SERVICES

Food and Drug Administration

[Docket No. FDA-2010-N-0601]

Agency Information Collection Activities; Proposed Collection;
Comment Request; Current Good Manufacturing Practice Regulations for
Medicated Feeds

AGENCY: Food and Drug Administration, HHS.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Food and Drug Administration (FDA) is announcing an
opportunity for public comment on the proposed collection of certain
information by the Agency. Under the Paperwork Reduction Act of 1995
(the PRA), Federal Agencies are required to

publish notice in the Federal Register concerning each proposed
collection of information, including each proposed extension of an
existing collection of information, and to allow 60 days for public
comment in response to the notice. This notice solicits comments on the
recordkeeping requirements for manufacturers of medicated animal feeds.

DATES: Submit either electronic or written comments on the collection
of information by January 28, 2011.

ADDRESSES: Submit electronic comments on the collection of information
to http://www.regulations.gov. Submit written comments on the
collection of information to the Division of Dockets Management (HFA-
305), Food and Drug Administration, 5630 Fishers Lane, rm. 1061,
Rockville, MD 20852. All comments should be identified with the docket
number found in brackets in the heading of this document.

FOR FURTHER INFORMATION CONTACT: Johnny Vilela, Office of Information
Management, Food and Drug Administration, 1350 Piccard Dr., PI50-400B,
Rockville, MD 20850,<PHONE_NUMBER><EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), Federal
Agencies must obtain approval from the Office of Management and Budget
(OMB) for each collection of information they conduct or sponsor.
``Collection of information'' is defined in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) and includes Agency requests or requirements that members of
the public submit reports, keep records, or provide information to a
third party. Section 3506(c)(2)(A) of the PRA (44 U.S.C. 3506(c)(2)(A))
requires Federal Agencies to provide a 60-day notice in the Federal
Register concerning each proposed collection of information, including
each proposed extension of an existing collection of information,
before submitting the collection to OMB for approval. To comply with
this requirement, FDA is publishing notice of the proposed collection
of information set forth in this document.
    With respect to the following collection of information, FDA
invites comments on these topics: (1) Whether the proposed collection
of information is necessary for the proper performance of FDA's
functions, including whether the information will have practical
utility; (2) the accuracy of FDA's estimate of the burden of the
proposed collection of information, including the validity of the
methodology and assumptions used; (3) ways to enhance the quality,
utility, and clarity of the information to be collected; and (4) ways
to minimize the burden of the collection of information on respondents,
including through the use of automated collection techniques, when
appropriate, and other forms of information technology.

Current Good Manufacturing Practice Regulations for Medicated Feeds--21
CFR Part 225 (OMB Control Number 0910-0152)--Extension

    Under section 501 of the Federal Food, Drug, and Cosmetic Act (the
FD&C Act) (21 U.S.C. 351), FDA has the statutory authority to issue
current good manufacturing practice (cGMP) regulations for drugs,
including medicated feeds. Medicated feeds are administered to animals
for the prevention, cure, mitigation, or treatment of disease, or
growth promotion and feed efficiency. Statutory requirements for cGMPs
have been codified under part 225 (21 CFR part 225). Medicated feeds
that are not manufactured in accordance with these regulations are
considered adulterated under section 501(a)(2)(B) of the FD&C Act.
Under part 225, a manufacturer is required to establish, maintain, and
retain records for a medicated feed, including records to document
procedures required during the manufacturing process to assure that
proper quality control is maintained. Such records would, for example,
contain information concerning receipt and inventory of drug
components, batch production, laboratory assay results (i.e., batch and
stability testing), labels, and product distribution.
    This information is needed so that FDA can monitor drug usage and
possible misformulation of medicated feeds to investigate violative
drug residues in products from treated animals and to investigate
product defects when a drug is recalled. In addition, FDA will use the
cGMP criteria in part 225 to determine whether or not the systems and
procedures used by manufacturers of medicated feeds are adequate to
assure that their feeds meet the requirements of the FD&C Act as to
safety and also that they meet their claimed identity, strength,
quality, and purity, as required by section 501(a)(2)(B) of the FD&C
Act.
    A license is required when the manufacture of a medicated feed
involves the use of a drug or drugs that FDA has determined requires
more control because of the need for a withdrawal period before
slaughter or because of carcinogenic concerns. Conversely, a license is
not required and the recordkeeping requirements are less demanding for
those medicated feeds for which FDA has determined that the drugs used
in their manufacture need less control. Respondents to this collection
of information are commercial feed mills and mixer-feeders.
    FDA estimates the burden of this collection of information as
follows:

         Table 1--Estimated Annual Recordkeeping Burden (Registered Licensed Commercial Feed Mills) \1\
----------------------------------------------------------------------------------------------------------------
                                                      Annual
         21 CFR Section               No. of       frequency per   Total annual      Hours per      Total hours
                                   recordkeepers   recordkeeping      records         record
----------------------------------------------------------------------------------------------------------------
225.42(b)(5) through (b)(8).....           1,004             260         261,040           1             261,040
225.58(c) and (d)...............           1,004              45          45,180            .5            22,590
225.80(b)(2)....................           1,004           1,600       1,606,400            .12          192,768
225.102(b)(1)...................           1,004           7,800       7,831,200            .08          626,496
225.110(b)(1) and (b)(2)........           1,004           7,800       7,831,200            .015         117,468
225.115(b)(1) and (b)(2)........           1,004               5           5,020            .12              602
                                 -------------------------------------------------------------------------------
    Total.......................  ..............  ..............  ..............  ..............       1,220,964
----------------------------------------------------------------------------------------------------------------
\1\ There are no capital costs or operating and maintenance costs associated with this collection of
  information.

             Table 2--Estimated Annual Recordkeeping Burden (Registered Licensed Mixer-Feeders) \1\
----------------------------------------------------------------------------------------------------------------
                                                      Annual
         21 CFR Section               No. of       frequency per   Total annual      Hours per      Total hours
                                   recordkeepers   recordkeeping      records         record
----------------------------------------------------------------------------------------------------------------
225.42(b)(5) through (b)(8).....             100             260          26,000             .15           3,900
225.58(c) and (d)...............             100              36           3,600             .5            1,800
225.80(b)(2)....................             100              48           4,800             .12             576
225.102(b)(1)...................             100             260          26,000             .4           10,400
                                 -------------------------------------------------------------------------------
    Total.......................  ..............  ..............  ..............  ..............          16,676
----------------------------------------------------------------------------------------------------------------
\1\ There are no capital costs or operating and maintenance costs associated with this collection of
  information.

       Table 3--Estimated Annual Recordkeeping Burden (Nonregistered Unlicensed Commercial Feed Mills) \1\
----------------------------------------------------------------------------------------------------------------
                                                      Annual
         21 CFR Section               No. of       frequency per   Total annual      Hours per      Total hours
                                   recordkeepers   recordkeeping      records         record
----------------------------------------------------------------------------------------------------------------
225.142.........................           8,000               4          32,000            1             32,000
225.158.........................           8,000               1           8,000            4             32,000
225.180.........................           8,000              96         768,000             .12          92,160
225.202.........................           8,000             260       2,080,000             .65       1,352,000
                                 -------------------------------------------------------------------------------
    Total.......................  ..............  ..............  ..............  ..............       1,508,160
----------------------------------------------------------------------------------------------------------------
\1\ There are no capital costs or operating and maintenance costs associated with this collection of
  information.

           Table 4--Estimated Annual Recordkeeping Burden (Nonregistered Unlicensed Mixer-Feeders) \1\
----------------------------------------------------------------------------------------------------------------
                                                      Annual
         21 CFR Section               No. of       frequency per   Total annual      Hours per      Total hours
                                   recordkeepers   recordkeeping      records         record
----------------------------------------------------------------------------------------------------------------
225.142.........................          45,000               4         180,000            1            180,000
225.158.........................          45,000               1          45,000            4            180,000
225.180.........................          45,000              32       1,440,000             .12         172,800
225.202.........................          45,000             260      11,700,000             .33       3,861,000
                                 -------------------------------------------------------------------------------
    Total.......................  ..............  ..............  ..............  ..............       4,393,800
----------------------------------------------------------------------------------------------------------------
\1\ There are no capital costs or operating and maintenance costs associated with this collection of
  information.

    The estimate of the times required for record preparation and
maintenance is based on Agency communications with industry. Other
information needed to finally calculate the total burden hours (i.e.,
number of recordkeepers, number of medicated feeds being manufactured,
etc.) is derived from Agency records and experience.

    Dated: November 23, 2010.
Leslie Kux,
Acting Assistant Commissioner for Policy.
[FR Doc. 2010-29928 Filed 11-26-10; 8:45 am]
BILLING CODE 4160-01-P


[Federal Register Volume 86, Number 184 (Monday, September 27, 2021)]
[Rules and Regulations]
[Pages 53197-53200]
[FR Doc No: 2021-20464]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. FAA-2021-0785; Project Identifier AD-2021-00989-R;
Amendment 39-21734; AD 2021-19-16]
RIN 2120-AA64

Airworthiness Directives; Airbus Helicopters

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Final rule; request for comments.

-----------------------------------------------------------------------

SUMMARY: The FAA is superseding Airworthiness Directive (AD) 2021-16-
02, which applied to certain Airbus Helicopters Model SA330J, AS332C,
AS332L, AS332L1, AS332L2, and EC225LP helicopters. AD 2021-16-02
required inspecting the locking safety mechanism of the left-hand (LH)
side stairway door handle and depending on the results, corrective
action. AD 2021-16-02 also required modifying that locking safety
mechanism. This AD retains the requirements in AD 2021-16-02, as
specified in a European Union Aviation Safety Agency (EASA) AD, which
is incorporated by reference, and clarifies a certain exception. This
AD was prompted by the need to clarify that exception. The FAA is
issuing this AD to address the unsafe condition on these products.

DATES: This AD becomes effective October 12, 2021.
    The Director of the Federal Register approved the incorporation by
reference of a certain publication listed in this AD as of September
24, 2021 (86 FR 46771).
    The FAA must receive comments on this AD by November 12, 2021.

ADDRESSES: You may send comments, using the procedures found in 14 CFR
11.43 and 11.45, by any of the following methods:
     Federal eRulemaking Portal: Go to https://www.regulations.gov. Follow the instructions for submitting comments.
     Fax:<PHONE_NUMBER>.
     Mail: U.S. Department of Transportation, Docket
Operations, M-30, West Building Ground Floor, Room W12-140, 1200 New
Jersey Avenue SE, Washington, DC 20590.
     Hand Delivery: Deliver to Mail address above between 9
a.m. and 5 p.m., Monday through Friday, except Federal holidays.
    For material incorporated by reference (IBR) in this AD, contact
the EASA, Konrad-Adenauer-Ufer 3, 50668 Cologne, Germany; telephone +49
221 8999 000; email<EMAIL_ADDRESS>internet www.easa.europa.eu.
You may find this material on the EASA website at https://ad.easa.europa.eu. You may view this material at the FAA, Office of the
Regional Counsel, Southwest Region, 10101 Hillwood Pkwy., Room 6N-321,
Fort Worth, TX 76177. For information on the availability of this
material at the FAA, call<PHONE_NUMBER>. It is also available in the
AD docket at https://www.regulations.gov by searching for and locating
Docket No. FAA-2021-0785.

Examining the AD Docket

    You may examine the AD docket at https://www.regulations.gov by
searching for and locating Docket No. FAA-2021-0785; or in person at
Docket Operations between 9 a.m. and 5 p.m., Monday through Friday,
except Federal holidays. The AD docket contains this AD, any comments
received, and other information. The street address for Docket
Operations is listed above. Comments will be available in the AD docket
shortly after receipt.

FOR FURTHER INFORMATION CONTACT: Hal Jensen, Aerospace Engineer,
Operational Safety Branch, FAA, 950 L'Enfant Plaza N SW, Washington, DC
20024; telephone<PHONE_NUMBER>; email<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION:

Background

    The FAA issued AD 2021-16-02, Amendment 39-21663 (86 FR 46771,
August 20, 2021) (AD 2021-16-02), for certain Airbus Helicopters Model
SA330J, AS332C, AS332L, AS332L1, AS332L2, and EC225LP helicopters. AD
2021-16-02 required inspecting the locking safety mechanism of the LH
side stairway door handle and depending on the results, corrective
action. AD 2021-16-02 also required modifying that locking safety
mechanism.
    AD 2021-16-02 was prompted by EASA AD 2020-0087, dated April 15,
2020 (EASA AD 2020-0087), issued by EASA, which is the Technical Agent
for the Member States of the European Union, to correct an unsafe
condition for Airbus Helicopters (AH), formerly Eurocopter, Eurocopter
France, Aerospatiale, Sud Aviation, Model SA330J, AS332C, AS332L,
AS332L1, AS332L2, and EC225LP helicopters, if equipped with an LH side
stairway door, except helicopters modified in accordance with AH
modification (MOD) 07 28281 (AS 332, EC 225) or MOD 07 27338 (SA 330).
EASA issued EASA AD 2020-0087 to supersede EASA Emergency AD 2014-0241-
E, dated November 4, 2014 (EASA AD 2014-0241-E).

    The FAA issued AD 2021-16-02 to address incorrect locking of the LH
side stairway door, which could result in an in-flight opening of the
door and subsequent damage to the helicopter or injury to persons on
the ground. See EASA AD 2020-0087 for additional background
information.

Actions Since AD 2021-16-02 Was Issued

    Since AD 2021-16-02 was issued, the FAA has determined that is
necessary to clarify a required exception. As published, paragraph
(h)(7) of AD 2021-16-02 could cause confusion with paragraph (h)(5) of
AD 2021-16-02. Paragraph (h)(7) of this AD clarifies that the
terminating action for the repetitive inspections as required by
paragraph (2) of EASA AD 2020-0087 does not apply to this AD. The
repetitive inspections as required by paragraph (2) of EASA AD 2020-
0087 are not required by paragraph (h)(5) of this AD, and accordingly,
this AD cannot provide terminating action for those repetitive
inspections.

Related Service Information Under 1 CFR Part 51

    EASA AD 2020-0087 requires repetitively inspecting the locking
safety mechanism of the LH side stairway door handle for correct
operation and depending on the results, reconditioning the locking
safety mechanism or contacting the Airbus Helicopters Support and
Services Department. EASA AD 2020-0087 also requires modifying the
locking safety mechanism, which constitutes terminating action for the
repetitive inspections.
    This material is reasonably available because the interested
parties have access to it through their normal course of business or by
the means identified in the ADDRESSES section.

FAA's Determination

    These helicopters have been approved by EASA and are approved for
operation in the United States. Pursuant to the FAA's bilateral
agreement with the European Union, EASA has notified the FAA about the
unsafe condition described in its AD. The FAA is issuing this AD after
evaluating all known relevant information and determining that the
unsafe condition described previously is likely to exist or develop on
other helicopters of these same type designs.

AD Requirements

    This AD requires accomplishing the actions specified in EASA AD
2020-0087, described previously, as incorporated by reference, except
for any differences identified as exceptions in the regulatory text of
this AD and except as discussed under ``Differences Between this AD and
the EASA AD.''

Explanation of Required Compliance Information

    In the FAA's ongoing efforts to improve the efficiency of the AD
process, the FAA developed a process to use some civil aviation
authority (CAA) ADs as the primary source of information for compliance
with requirements for corresponding FAA ADs. The FAA has been
coordinating this process with manufacturers and CAAs. As a result,
EASA AD 2020-0087 is incorporated by reference in this FAA final rule.
This AD, therefore, requires compliance with EASA AD 2020-0087 in its
entirety, through that incorporation, except for any differences
identified as exceptions in the regulatory text of this AD. Using
common terms that are the same as the heading of a particular section
in EASA AD 2020-0087 does not mean that operators need comply only with
that section. For example, where the AD requirement refers to ``all
required actions and compliance times,'' compliance with this AD
requirement is not limited to the section titled ``Required Action(s)
and Compliance Time(s)'' in the EASA AD. Service information referenced
in EASA AD 2020-0087 for compliance will be available at https://www.regulations.gov by searching for and locating FAA-2021-0785.

Differences Between This AD and the EASA AD

    Where EASA AD 2020-0087 refers to the effective date of EASA AD
2014-0241-E or its effective date, this AD requires using the effective
date of this AD. Where EASA AD 2020-0087 refers to Group 1 and 2
helicopters, this AD does not refer to any groups of helicopters. Where
the service information referenced in EASA AD 2020-0087 allows the
pilot to perform the requirements of the ASB, this AD requires the
requirements to be performed by a qualified mechanic. Where the service
information referenced in EASA AD 2020-0087 specifies to submit certain
information to the manufacturer, this AD does not include that
requirement. Where the service information referenced in EASA AD 2020-
0087 specifies to discard certain parts, this AD requires removing
those parts from service instead. EASA AD 2020-0087 requires repeating
the inspection before next flight after each application of painting on
the LH side stairway door or its external door handle, whereas this AD
does not. EASA AD 2020-0087 allows a terminating action for the
repetitive inspections, whereas this AD does not. EASA AD 2020-0087
requires contacting the Airbus Helicopters Support and Services
Department if it is impossible to recondition the locking safety
mechanism by moving the door handle, whereas this AD requires, before
further flight, accomplishing paragraph (5) of EASA AD 2020-0087 or
accomplishing corrective action using a method approved by the Manager,
International Validation Branch, FAA. The Manager's approval letter
must specifically refer to this AD.

Justification for Immediate Adoption and Determination of the Effective
Date

    Section 553(b)(3)(B) of the Administrative Procedure Act (APA) (5
U.S.C. 551 et seq.) authorizes agencies to dispense with notice and
comment procedures for rules when the agency, for ``good cause,'' finds
that those procedures are ``impracticable, unnecessary, or contrary to
the public interest.'' Under this section, an agency, upon finding good
cause, may issue a final rule without providing notice and seeking
comment prior to issuance. Further, section 553(d) of the APA
authorizes agencies to make rules effective in less than thirty days,
upon a finding of good cause.
    This AD clarifies an exception in AD 2021-16-02 that could affect
compliance and the public was previously provided opportunity for
comment on the costs of the AD and required actions.
    Accordingly, notice and opportunity for prior public comment are
unnecessary pursuant to 5 U.S.C. 553(b)(3)(B). In addition, the FAA
finds that good cause exists pursuant to 5 U.S.C. 553(d) for making
this amendment effective in less than 30 days, for the same reasons the
FAA found good cause to forgo notice and comment.

Comments Invited

    The FAA invites you to send any written relevant data, views, or
arguments about this AD. Send your comments to an address listed under
ADDRESSES. Include ``Docket No. FAA-2021-0785; Project Identifier AD-
2021-00989-R'' at the beginning of your comments. The most helpful
comments reference a specific portion of the AD, explain the reason for
any recommended change, and include supporting data. The FAA will
consider all comments received by the closing

date and may amend this AD because of those comments.
    Except for Confidential Business Information (CBI) as described in
the following paragraph, and other information as described in 14 CFR
11.35, the FAA will post all comments received, without change, to
https://www.regulations.gov, including any personal information you
provide. The agency will also post a report summarizing each
substantive verbal contact received about this AD.

Confidential Business Information

    CBI is commercial or financial information that is both customarily
and actually treated as private by its owner. Under the Freedom of
Information Act (FOIA) (5 U.S.C. 552), CBI is exempt from public
disclosure. If your comments responsive to this AD contain commercial
or financial information that is customarily treated as private, that
you actually treat as private, and that is relevant or responsive to
this AD, it is important that you clearly designate the submitted
comments as CBI. Please mark each page of your submission containing
CBI as ``PROPIN.'' The FAA will treat such marked submissions as
confidential under the FOIA, and they will not be placed in the public
docket of this AD. Submissions containing CBI should be sent to Hal
Jensen, Aerospace Engineer, Operational Safety Branch, FAA, 950
L'Enfant Plaza N SW, Washington, DC 20024; telephone<PHONE_NUMBER>;
email<EMAIL_ADDRESS>Any commentary that the FAA receives that is
not specifically designated as CBI will be placed in the public docket
for this rulemaking.

Regulatory Flexibility Act (RFA)

    The requirements of the RFA do not apply when an agency finds good
cause pursuant to 5 U.S.C. 553 to adopt a rule without prior notice and
comment. Because the FAA has determined that it has good cause to adopt
this rule without notice and comment, RFA analysis is not required.

Costs of Compliance

    The FAA estimates that this AD affects 37 helicopters of U.S.
Registry. Labor rates are estimated at $85 per work-hour. Based on
these numbers, the FAA estimates that operators may incur the following
costs in order to comply with this AD.
    Inspecting the operation of the locking safety mechanism on the LH
side stairway door handle takes about 0.1 work-hour for an estimated
cost of $9 per helicopter and $333 for the U.S. fleet. Moving the
external door handle from the ``Locked'' to the ``Unlocked'' position
to determine if the safety mechanism on the LH side stairway door
handle can lock automatically takes about 0.5 work-hour for an
estimated cost of $43 per helicopter. Modifying the locking safety
mechanism on the LH side stairway door handle takes about 8 work-hours
and parts cost about $5,000 for an estimated cost of $5,680 per
helicopter.

Authority for This Rulemaking

    Title 49 of the United States Code specifies the FAA's authority to
issue rules on aviation safety. Subtitle I, section 106, describes the
authority of the FAA Administrator. Subtitle VII: Aviation Programs,
describes in more detail the scope of the Agency's authority.
    The FAA is issuing this rulemaking under the authority described in
Subtitle VII, Part A, Subpart III, Section 44701: General requirements.
Under that section, Congress charges the FAA with promoting safe flight
of civil aircraft in air commerce by prescribing regulations for
practices, methods, and procedures the Administrator finds necessary
for safety in air commerce. This regulation is within the scope of that
authority because it addresses an unsafe condition that is likely to
exist or develop on products identified in this rulemaking action.

Regulatory Findings

    The FAA determined that this AD would not have federalism
implications under Executive Order 13132. This AD would not have a
substantial direct effect on the States, on the relationship between
the national Government and the States, or on the distribution of power
and responsibilities among the various levels of government.
    For the reasons discussed above, I certify this regulation:
    (1) Is not a ``significant regulatory action'' under Executive
Order 12866, and
    (2) Will not affect intrastate aviation in Alaska.

List of Subjects in 14 CFR Part 39

    Air transportation, Aircraft, Aviation safety, Incorporation by
reference, Safety.

The Amendment

    Accordingly, under the authority delegated to me by the
Administrator, the FAA amends 14 CFR part 39 as follows:

PART 39--AIRWORTHINESS DIRECTIVES

0
1. The authority citation for part 39 continues to read as follows:

    Authority:  49 U.S.C. 106(g), 40113, 44701.

Sec.  39.13  [Amended]

0
2. The FAA amends Sec.  39.13 by:
0
a. Removing Airworthiness Directive 2021-16-02, Amendment 39-21663 (86
FR 46771, August 20, 2021); and
0
b. Adding the following new airworthiness directive:

2021-19-16 Airbus Helicopters: Amendment 39-21734; Docket No. FAA-
2021-0785; Project Identifier AD-2021-00989-R.

(a) Effective Date

    This airworthiness directive (AD) becomes effective October 12,
2021.

(b) Affected ADs

    This AD replaces AD 2021-16-02, Amendment 39-21663 (86 FR 46771,
August 20, 2021) (AD 2021-16-02).

(c) Applicability

    This AD applies to Airbus Helicopters Model SA330J, AS332C,
AS332L, AS332L1, AS332L2, and EC225LP helicopters, certificated in
any category, as identified in the Applicability of European Union
Aviation Safety Agency AD 2020-0087, dated April 15, 2020 (EASA AD
2020-0087).

(d) Subject

    Joint Aircraft System Component (JASC) Code: 5210, Passenger/
Crew Doors.

(e) Unsafe Condition

    This AD was prompted by a report of a left-hand (LH) side
stairway door that inadvertently opened and tore off from its
attachment fittings during flight. The FAA is issuing this AD to
address incorrect locking of the LH side stairway door, which could
result in an in-flight opening of the door and subsequent damage to
the helicopter or injury to persons on the ground.

(f) Compliance

    Comply with this AD within the compliance times specified,
unless already done.

(g) Requirements

    Except as specified in paragraph (h) of this AD: Comply with all
required actions and compliance times specified in, and in
accordance with, EASA AD 2020-0087.

(h) Exceptions to EASA AD 2020-0087

    (1) Where EASA AD 2020-0087 refers to November 6, 2014 (the
effective date of EASA AD 2014-0241-E, dated November 4, 2014) or
its effective date, this AD requires using the effective date of
this AD.
    (2) Where EASA AD 2020-0087 refers to Group 1 and Group 2
helicopters, this AD does not refer to any groups of helicopters.
    (3) Where the service information referenced in EASA AD 2020-
0087 permits certain actions to be performed by a mechanical
engineering technician or pilot, this AD requires that the actions
be performed by a qualified mechanic.
    (4) Where the service information referenced in EASA AD 2020-
0087 specifies

to discard certain parts, this AD requires removing those parts from
service.
    (5) While paragraph (2) of EASA AD 2020-0087 requires actions
before next flight after each application of painting on the LH side
stairway door or its external door handle, those actions are not
required by this AD.
    (6) Where paragraph (3) of EASA AD 2020-0087 requires
reconditioning the locking safety mechanism, and the service
information referenced in paragraph (3) of EASA AD 2020-0087
specifies contacting the Airbus Helicopters Support and Services
Department if it is impossible to recondition the locking safety
mechanism by moving the door handle, this AD requires moving the
external door handle from the ``Locked'' to the ``Unlocked''
position to determine if the safety mechanism can lock
automatically. If the safety mechanism does not lock automatically,
this AD requires, before further flight accomplishing paragraph (5)
of EASA AD 2020-0087 or accomplishing corrective action using a
method approved by the Manager, International Validation Branch,
FAA. The Manager's approval letter must specifically refer to this
AD.
    (7) Where paragraph (5) of EASA AD 2020-0087 identifies the
modification as required by paragraph (4) of EASA AD 2020-0087 as
terminating action for the repetitive inspections as required by
paragraph (2) of EASA AD 2020-0087 for that helicopter, the
terminating action for the repetitive inspections as required by
paragraph (2) of EASA AD 2020-0087 does not apply to this AD.
    (8) This AD does not mandate compliance with the ``Remarks''
section of EASA AD 2020-0087.

(i) No Reporting Requirement

    Although the service information referenced in EASA AD 2020-0087
specifies to submit certain information to the manufacturer, this AD
does not include that requirement.

(j) Alternative Methods of Compliance (AMOCs)

    (1) The Manager, International Validation Branch, FAA, has the
authority to approve AMOCs for this AD, if requested using the
procedures found in 14 CFR 39.19. In accordance with 14 CFR 39.19,
send your request to your principal inspector or local Flight
Standards District Office, as appropriate. If sending information
directly to the manager of the International Validation Branch, send
it to the attention of the person identified in paragraph (k) of
this AD. Information may be emailed to<EMAIL_ADDRESS>    (2) Before using any approved AMOC, notify your appropriate
principal inspector, or lacking a principal inspector, the manager
of the local flight standards district office/certificate holding
district office.

(k) Related Information

    For more information about this AD, contact Hal Jensen,
Aerospace Engineer, Operational Safety Branch, FAA, 950 L'Enfant
Plaza N SW, Washington, DC 20024; telephone<PHONE_NUMBER>; email
<EMAIL_ADDRESS>
(l) Material Incorporated by Reference

    (1) The Director of the Federal Register approved the
incorporation by reference (IBR) of the service information listed
in this paragraph under 5 U.S.C. 552(a) and 1 CFR part 51.
    (2) You must use this service information as applicable to do
the actions required by this AD, unless this AD specifies otherwise.
    (3) The following service information was approved for IBR on
September 24, 2021 (86 FR 46771).
    (i) European Union Aviation Safety Agency (EASA) AD 2020-0087,
dated April 15, 2020.
    (ii) [Reserved]
    (4) For EASA AD 2020-0087, contact the EASA, Konrad-Adenauer-
Ufer 3, 50668 Cologne, Germany; telephone +49 221 8999 000; email
<EMAIL_ADDRESS>internet www.easa.europa.eu. You may find this
EASA AD on the EASA website at https://ad.easa.europa.eu.
    (5) You may view this service information at the FAA, Office of
the Regional Counsel, Southwest Region, 10101 Hillwood Pkwy., Room
6N-321, Fort Worth, TX 76177. For information on the availability of
this material at the FAA, call<PHONE_NUMBER>. This material may be
found in the AD docket at https://www.regulations.gov by searching
for and locating FAA-2021-0785.
    (6) You may view this material that is incorporated by reference
at the National Archives and Records Administration (NARA). For
information on the availability of this material at NARA, email
<EMAIL_ADDRESS>or go to https://www.archives.gov/federal-register/cfr/ibr-locations.html.

    Issued on September 8, 2021.
Lance T. Gant,
Director, Compliance & Airworthiness Division, Aircraft Certification
Service.
[FR Doc. 2021-20464 Filed 9-24-21; 8:45 am]
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[Federal Register Volume 82, Number 246 (Tuesday, December 26, 2017)]
[Notices]
[Pages 60991-60992]
[FR Doc No: 2017-27771]

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ENVIRONMENTAL PROTECTION AGENCY

[EPA-HQ-OECA-2013-0332; FRL-9972-13-OEI]

Information Collection Request Submitted to OMB for Review and
Approval; Comment Request; NSPS for Small Industrial-Commercial-
Institutional Steam Generating Units (Renewal)

AGENCY: Environmental Protection Agency (EPA).

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Environmental Protection Agency (EPA) has submitted an
information collection request (ICR)--NSPS for Small Industrial-
Commercial-Institutional Steam Generating Units, EPA ICR Number
1564.10, OMB Control Number 2060-0202--to the Office of Management and
Budget (OMB) for review and approval in accordance with the Paperwork
Reduction Act. This is a proposed extension of the ICR, which is

currently approved through December 31, 2017. Public comments were
previously requested via the Federal Register (82 FR 29552) on June 29,
2017 during a 60-day comment period. This notice allows for an
additional 30 days for public comments. A fuller description of the ICR
is given below, including its estimated burden and cost to the public.
An agency may neither conduct nor sponsor, and a person is not required
to respond to, a collection of information unless it displays a
currently valid OMB control number.

DATES: Additional comments may be submitted on or before January 25,
2018.

ADDRESSES: Submit your comments, referencing Docket ID Number EPA-HQ-
OECA-2013-0332, to: (1) EPA online using www.regulations.gov (our
preferred method), or by email to [email protected], or by mail to:
EPA Docket Center, Environmental Protection Agency, Mail Code 28221T,
1200 Pennsylvania Ave. NW, Washington, DC 20460; and (2) OMB via email
to [email protected]. Address comments to OMB Desk Officer
for EPA.
    EPA's policy is that all comments received will be included in the
public docket without change including any personal information
provided, unless the comment includes profanity, threats, information
claimed to be Confidential Business Information (CBI), or other
information whose disclosure is restricted by statute.

FOR FURTHER INFORMATION CONTACT: Patrick Yellin, Monitoring,
Assistance, and Media Programs Division, Office of Compliance, Mail
Code 2227A, Environmental Protection Agency, 1200 Pennsylvania Ave. NW,
Washington, DC 20460; telephone number:<PHONE_NUMBER>; fax number:
(202) 564-0050; email address: [email protected].

SUPPLEMENTARY INFORMATION: Supporting documents, which explain in
detail the information that the EPA will be collecting, are available
in the public docket for this ICR. The docket can be viewed online at
www.regulations.gov or in person at the EPA Docket Center, WJC West,
Room 3334, 1301 Constitution Ave. NW, Washington, DC. The telephone
number for the Docket Center is<PHONE_NUMBER>. For additional
information about EPA's public docket, visit: http://www.epa.gov/dockets.
    Abstract: Owners and operators of affected facilities are required
to comply with reporting and record keeping requirements for the
General Provisions (40 CFR part 60, subpart A), as well as for the
specific requirements at 40 CFR part 60, subpart Dc. This includes
submitting initial notifications, performance tests and periodic
reports and results, and maintaining records of the occurrence and
duration of any startup, shutdown, or malfunction in the operation of
an affected facility, or any period during which the monitoring system
is inoperative. These reports are used by EPA to determine compliance
with these standards.
    Form numbers: None.
    Respondents/affected entities: Industrial-commercial-institutional
steam generating units with maximum design heat input capacity of 29
megawatts (MW) or less, but greater than or equal to 2.9 MW.
    Respondent's obligation to respond: Mandatory (40 CFR part 60,
subpart Dc).
    Estimated number of respondents: 301 (total).
    Frequency of response: Initially and semiannually.
    Total estimated burden: 205,000 hours (per year). Burden is defined
at 5 CFR 1320.3(b).
    Total estimated cost: $33,300,000 (per year), which includes
$11,800,000 for both annualized capital and operation & maintenance
costs.
    Changes in the estimates: There is an adjustment increase in the
respondent burden, labor costs, and capital/O&M cost from the most-
recently approved ICR. This increase is not due to any program changes.
The change in burden and costs is due to an increase in the number of
new or modified sources. This ICR assumes an industry growth rate of 11
respondents per year, which results in an increase of 33 respondents
since the last ICR renewal period. The industry growth also results in
an increase in O&M costs.

Courtney Kerwin,
Director, Regulator Support Division.
[FR Doc. 2017-27771 Filed 12-22-17; 8:45 am]
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