[Federal Register: December 26, 2006 (Volume 71, Number 247)]
[Notices]
[Page 77418-77422]
[DOCID:fr26de06-74]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-27603; File No. 812-13320]

Jackson National Life Insurance Company, et al.

December 19, 2006.
AGENCY: The Securities and Exchange Commission (``Commission'').

ACTION: Notice of application for an amended order under Section 6(c)
of the Investment Company Act of 1940 (the ``Act'') granting exemptions
from the provisions of Sections 2(a)(32), 22(c) and 27(i)(2)(A) of the
Act and Rule 22c-1 thereunder to permit the recapture of contract
enhancements applied to purchase payments made under certain deferred
variable annuity contracts.

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APPLICANTS: Jackson National Life Insurance Company (``Jackson
National''), Jackson National Separate Account--I (the ``JNL Separate
Account''), and Jackson National Life Distributors LLC
(``Distributor,'' and collectively, ``Applicants'').

SUMMARY OF APPLICATION:  Applicants seek an order under Section 6(c) of
the Act to amend an existing order, and exempting them from the
provisions of Sections 2(a)(32), 22(c), and 27(i)(2)(A) of the Act and
Rule 22c-1 thereunder, to the extent necessary to permit the recapture,
under specified circumstances, of certain contract enhancements applied
to purchase payments made under the deferred variable annuity contracts
described herein that Jackson National will issue through the JNL
Separate Account (the ``Contracts'') as well as other contracts that
Jackson National may issue in the future through its existing or future
separate accounts (``Other Accounts'') that are substantially similar
in all material respects to the Contracts (``Future Contracts'').
Applicants also request that the order being sought extend to any other
National Association of Securities Dealers, Inc. (``NASD'') member
broker-dealer controlling or controlled by, or under common control
with, Jackson National, whether existing or created in the future, that
serves as distributor or principal underwriter for the Contracts or
Future Contracts (``Affiliated Broker-Dealers'') and any successors in
interest to the Applicants.

Filing Date: The application was filed on June 23, 2006, and amended on
December 18, 2006.

Hearing or Notification of Hearing: An order granting the application
will be issued unless the Commission orders a hearing. Interested
persons may request a hearing by writing to the Secretary of the
Commission and serving Applicants with a copy of the request,
personally or by mail. Hearing requests should be received by the
Commission by 5:30 p.m. on January 12, 2007, and should be accompanied
by proof of service on Applicants, in the form of an affidavit or, for
lawyers, a certificate of service. Hearing requests should state the
nature of the writer's interest, the reason for the request, and the
issues contested. Persons may request notification of a hearing by
writing to the Secretary of the Commission.

ADDRESSES: Secretary, Securities and Exchange Commission, 100 F Street,
NE., Washington, DC 20549-1090. Applicants: c/o Jackson National Life
Insurance Company, 1 Corporate Way, Lansing, Michigan 48951, Attn:
Anthony L. Dowling, Esq.; copies to Joan E. Boros, Esq., Jorden Burt
LLP, 1025 Thomas Jefferson Street, NW., Suite 400 East, Washington, DC
20007-0805.

FOR FURTHER INFORMATION CONTACT: Ellen J. Sazzman, Senior Counsel, at
(202) 551-6762, or Harry Eisenstein, Branch Chief, at<PHONE_NUMBER>,
Office of Insurance Products, Division of Investment Management.

SUPPLEMENTARY INFORMATION: The following is a summary of the
Application. The complete Application is available for a fee from the
SEC's Public Reference Branch, 100 F Street, NE., Washington, DC 20549
((202) 551-8090).

Applicants' Representations

    1. Jackson National is a stock life insurance company organized
under the laws of the state of Michigan in June 1961. Its legal
domicile and principal business address is 1 Corporate Way, Lansing,
Michigan 48951. Jackson National is admitted to conduct life insurance
and annuity business in the District of Columbia and all states except
New York. Jackson National is ultimately a wholly owned subsidiary of
Prudential plc (London, England).
    2. The JNL Separate Account was established by Jackson National on
June 14, 1993, pursuant to the provisions of Michigan law and the
authority granted under a resolution of Jackson National's Board of
Directors. Jackson National is the depositor of the JNL Separate
Account. The JNL Separate Account meets the definition of a ``separate
account'' under the federal securities laws and is registered with the
Commission as a unit investment trust under the Act (File No. 811-
8664). The JNL Separate Account will fund the variable benefits
available under the Contracts. The offering of the Contracts will be
registered under the Securities Act of 1933 (the ``1933 Act'').
    3. The Distributor is a wholly owned subsidiary of Jackson National
and serves as the distributor of the Contracts. The Distributor is
registered with the Commission as a broker-dealer under the Securities
Exchange Act of 1934 (the ``1934 Act'') and is a member of the NASD.
The Distributor enters into selling group agreements with affiliated
and unaffiliated broker-dealers. The Contracts are sold by licensed
insurance agents, where the Contracts may be lawfully sold, who are
registered representatives of broker-dealers that are registered under
the 1934 Act and are members of the NASD.
    4. The Contracts require a minimum initial premium payment of
$5,000 or $10,000 under most circumstances depending on the contract
($2,000 for a qualified plan contract). Subsequent payments may be made
at any time during the accumulation phase. Each subsequent payment must
be at least $500 ($50 under an automatic payment plan). Prior approval
of Jackson National is required for aggregate premium payments of over
$1,000,000.
    5. The Contracts permit owners to accumulate contract values on a
fixed basis through allocations to one of six fixed accounts (the
``Fixed Accounts''), including four ``Guaranteed Fixed Accounts'' which
offer guaranteed crediting rates for specified periods of time
(currently, 1, 3, 5, or 7 years), and two ``DCA+ Fixed Accounts'' (used
in

connection with dollar cost averaging transfers, each of which from
time to time offers special crediting rates).
    6. The Contracts also permit owners to accumulate contract values
on a variable basis, through allocations to one or more of the
investment divisions of the JNL Separate Accounts (the ``Investment
Divisions,'' collectively with the Fixed Accounts, the ``Allocation
Options''). The 67 Investment Divisions listed in Exhibit E to the
Application for an Amended Order currently are expected to be offered
under most of the Contracts, but additional Investment Divisions may be
offered in the future and some of those listed could be eliminated or
combined with other Investment Divisions in the future. Similarly,
Future Contracts may offer additional or different Investment
Divisions.
    7. Transfers among the Investment Divisions are permitted. The
first 15 transfers in a contract year are free; subsequent transfers
cost $25. Certain transfers to, from and among the Fixed Accounts are
also permitted during the Contracts' accumulation phase, but are
subject to certain adjustments and limitations. Dollar cost averaging
and rebalancing transfers are offered at no charge and do not count
against the 15 free transfers permitted each year.
    8. If the owner dies during the accumulation phase of the
Contracts, the beneficiary named by the owner is paid a death benefit
by Jackson National. The Contracts' base death benefit, which applies
unless an optional death benefit has been elected, is a payment to the
beneficiary of the greater of: (i) Contract value on the date Jackson
National receives proof of death and completed claim forms from the
beneficiary or (ii) the total premiums paid under that Contract minus
any prior withdrawals (including any applicable charges and adjustments
for such withdrawals, annual contract maintenance charges, transfer
charges, any applicable charges due under any optional endorsement and
premium taxes).
    9. The owner may also be offered certain optional endorsements (for
fees described below) that can change the death benefit paid to the
beneficiary. First, an ``Earnings Protection Benefit Endorsement'' is
offered to owners who are no older than age 75 when their Contracts are
issued. This endorsement would add to the death benefit otherwise
payable an amount equal to a specified percentage (that varies with the
owner's age at issue) of earnings under the Contract up to a cap of
250% of remaining premiums (premiums not previously withdrawn)
excluding remaining premiums paid in the 12 months prior to the date of
death (other than the initial premium if the owner dies in the first
contract year).
    10. Second, the owner of a Contract who is age 79 or younger may be
offered the following five optional death benefits (state variations
may apply) that would replace the base death benefit: (i) A ``4% Roll-
Up'' death benefit, (ii) a ``5% Roll-Up'' death benefit, (iii) a
``Highest Anniversary Value'' death benefit, (iv) a ``Combination 4%
Roll-Up and Highest Anniversary Value'' death benefit or (v) a
``Combination 5% Roll-Up and Highest Anniversary Value'' death benefit.
    11. The Contracts offer fixed and variable versions of the
following four types of annuity payment or ``income payment'': Life
income, joint and survivor, life annuity with 120 or 240 monthly
payments guaranteed to be paid (although not guaranteed as to amount if
variable), and income for a specified period of 5 to 30 years. Jackson
National may also offer other income payment options. The Contracts may
also offer an optional Guaranteed Minimum Income Benefit (``GMIB'')
endorsement.
    12. In addition to the Earnings Protection Benefit, GMIB, and
optional death benefit endorsements described above and the optional
contract enhancement endorsements described below, additional optional
endorsements are offered with the Contracts, several of which relate to
withdrawals: (i) An endorsement that expands the percentage of premiums
(that remain subject to a withdrawal charge) that may be withdrawn in a
contract year with no withdrawal charge imposed from 10% to 20%; (ii)
an endorsement that reduces the withdrawal charges applicable under the
Contract and shortens the period for which withdrawal charges are
imposed from seven years to five years or four years; and (iii) eight
different Guaranteed Minimum Withdrawal Benefit (``GMWB'')
endorsements. Three variations of the GMWB generally allow, subject to
specific conditions, partial withdrawals prior to the income date that,
in total, equal the amount of net premium payments made (if elected
after issue, the contract value, less any recapture charges will be
used instead of the net premium payment at issue). The guarantee is
effective if gross partial withdrawals taken within any one contract
year do not exceed a specified percentage of net premium payments.
    13. If one of the optional contract enhancement endorsements is
elected, each time an owner makes a premium payment during the first
contract year, Jackson National will add an additional amount to the
owner's contract value (a ``Contract Enhancement''). All Contract
Enhancements are paid from Jackson National's general account assets.
The Contract Enhancement is equal to 2%, 3%, 4%, or 5% of the premium
payment. At issue, a Contract owner can choose only one of the Contract
Enhancement endorsements. An owner may not elect the 3%, 4%, or 5%
Contract Enhancements if the 20% additional free withdrawal endorsement
is elected. Jackson National will allocate the Contract Enhancement to
the Fixed Accounts and/or Investment Divisions in the same proportion
as the premium payment allocation. The Contract Enhancement is not
credited to any premiums received after the first contract year. If the
5% Contract Enhancement is elected, no premiums will be accepted after
the first year.
    14. There is an asset-based charge for each of the Contract
Enhancements. The 2% Contract nhancement has a 0.395% charge that
applies for five years. The asset-based charges for the other Contract
Enhancements apply for seven years and are 0.42%, 0.56%, and 0.695%,
respectively, for the 3%, 4%, and 5% Contract Enhancements. These
charges will also be assessed against any amounts an owner has
allocated to the Fixed Accounts, resulting in a lower annual credited
interest rate that would apply to the Fixed Account if the Contract
Enhancement had not been elected.
    15. Jackson National will recapture all or a portion of any
Contract Enhancements by imposing a recapture charge whenever an owner:
(i) Makes a total withdrawal within the recapture charge period (five
years after a first year payment in the case of the 2% Contract
Enhancement and seven years after a first year payment in the case of
the other Contract Enhancements) or a partial withdrawal of
corresponding premiums within the recapture charge period in excess of
those permitted under the Contracts' free withdrawal provisions
(including free withdrawals permitted by a 20% additional free
withdrawal endorsement), unless the withdrawal is made for certain
health-related emergencies specified in the Contracts; (ii) elects to
receive payments under an income option within the recapture charge
period; or (iii) returns the Contract during the free-look period.
    16. The amount of the recapture charge varies, depending upon which
Contract Enhancement is elected and when the charge is imposed, as
follows:

                                                          Contract Enhancement Recapture Charge
                                                    [As a percentage of first year premium payments]
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Completed Years Since Receipt of Premium........................          0          1          2          3          4          5          6         7+
Recapture Charge (2% Credit)....................................         2%         2%      1.25%      1.25%       0.5%          0          0          0
Recapture Charge (3% Credit)....................................         3%         3%         2%         2%         2%         1%         1%          0
Recapture Charge (4% Credit)....................................         4%         4%       2.5%       2.5%       2.5%      1.25%      1.25%          0
Recapture Charge (5% Credit)....................................       4.5%      3.75%      3.25%      2.75%         2%      1.25%         1%          0
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    17. The recapture charge percentage will be applied to the
corresponding premium reflected in the amount withdrawn or the amount
applied to income payments that remain subject to a withdrawal charge.
The amount recaptured will be taken from the Investment Divisions and
the Fixed Accounts in the same proportion as the withdrawal charge.
    18. Recapture charges will be waived upon death, but will be
applied upon electing to commence income payments, even in a situation
where the withdrawal charge is waived. Partial withdrawals will be
deemed to remove premium payments on a first-in first-out basis (the
order that entails payment of the lowest withdrawal and recapture
charges).
    19. Jackson National does not assess the recapture charge on any
payments paid out as: Death benefits; withdrawals taken under free
withdrawal provisions; withdrawals necessary to satisfy the required
minimum distribution of the Internal Revenue Code; if permitted by the
owner's state, withdrawals of up to $250,000 from the JNL Separate
Account or from the Fixed Accounts in connection with the owner's
terminal illness or if the owner needs extended hospital or nursing
home care as provided in the Contract; or if permitted by the owner's
state, withdrawals of up to 25% of contract value (12.5% for each of
two joint owners) from the JNL Separate Account or from the Fixed
Accounts in connection with certain serious medical conditions
specified in the Contract.
    20. The contract value will reflect any gains or losses
attributable to a Contract Enhancement described above. Contract
Enhancements, and any gains or losses attributable to a Contract
Enhancement, distributed under the Contracts will be considered
earnings under the Contract for tax purposes and for purposes of
calculating free withdrawal amounts.
    21. The Contracts have a ``free-look'' period of ten days after the
owner receives the Contract (or any longer period required by state
law). Contract value is returned upon exercise of free-look rights by
an owner unless state law requires the return of premiums paid. The
Contract Enhancement recapture charge reduces the amount returned.
    22. The JNL Separate Account consists of sub-accounts, each of
which will be available under the JNL Separate Account. The sub-
accounts are referred to as ``Investment Divisions.'' The JNL Separate
Account currently consists of 67 Investment Divisions, and each
Investment Division will invest in shares of a corresponding series
(``Series'') of JNL Series Trust (``Trust''), or JNL Variable Fund LLC
(``Fund'') (collectively the ``Trust and Fund''). Not all Investment
Divisions may be available.
    23. The Trust and Fund are open-end management investment companies
registered under the Act and their shares are registered under the 1933
Act. Jackson National Asset Management, LLC (``JNAM'') serves as the
investment adviser for all of the Series of the Trust and Fund. JNAM
has retained sub-advisers for each Series. Jackson National, at a later
date, may determine to create additional Investment Divisions of the
JNL Separate Account to invest in any additional Series, or other such
underlying portfolios or other investments as may now or in the future
be available. Similarly, Investment Division(s) of the JNL Separate
Account may be combined or eliminated from time to time. Any changes to
the Investment Divisions offered will be effected in compliance with
the terms of the Contracts and with applicable state and federal laws.
    24. In addition to the Contract Enhancement charges and the
Contract Enhancement recapture charges, the JNL Contracts may have the
following charges: Mortality and expense risk charge of 1.00%-1.45%
depending on the version of the Contract (as an annual percentage of
average daily account value); administration charge of 0.15% (as an
annual percentage of average daily account value); contract maintenance
charge of $35 per year (waived if contract value is $50,000 or more at
the time the charge is imposed); Earnings Protection Benefit charge of
0.30% (as an annual percentage of daily account value--only applies if
related optional endorsement is elected); GMIB charge of 0.60% per year
(0.15% per quarter) of the ``GMIB Benefit Base''; GMWB charge ranging
from 0.20% to 1.71% per year (0.1000% to 0.4250% per quarter) of the
``Guaranteed Withdrawal Balance'' depending upon age at election and
upon which (if any) GMWB endorsement is elected; 20% additional free
withdrawal benefit charge of 0.30% or 0.40% depending on the Contract
(as an annual percentage of daily account value--only applies if
related optional endorsement is elected); five-year withdrawal charge
period charge of 0.30% (as an annual percentage of daily account
value--only applies if related optional endorsement is elected); four-
year withdrawal charge period charge of 0.40% (as an annual percentage
of daily account value--only applies if related optional endorsement is
elected); optional death benefit charge ranging from 0.25% to 0.55% (as
an annual percentage of daily account value--only applies if related
optional endorsement is elected) depending upon which (if any) optional
death benefit endorsement is elected; transfer fee of $25 for each
transfer in excess of 15 in a contract year (for purposes of which
dollar cost averaging and rebalancing transfers are excluded);
commutation fee that applies only upon withdrawals from income payments
for a fixed period, measured by the difference in values paid upon such
a withdrawal due to using a discount rate of 1% greater than the
assumed investment rate used in computing the amounts of income
payments; and a withdrawal charge that applies to total withdrawals,
partial withdrawals in excess of amounts permitted to be withdrawn
under the Contract's free withdrawal provisions (or the 20% additional
free withdrawal endorsement) and on the income date (the date income
payments commence) if the income date is within a year of the date the
Contract was issued.
    25. The withdrawal charges shown in the table below apply to
differing versions of Contracts. The amount of the withdrawal charge
depends upon the contribution year of the premium withdrawn as follows:

                                                                    Withdrawal Charge
                                                          [As a percentage of premium payments]
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Completed Years Since Receipt of Premium........................          0          1          2          3          4          5          6         7+
Withdrawal Charge (Base Schedule for Offerings under File Nos.         8.5%         8%         7%         6%         5%         4%         2%          0
 333-70472 and 333-132128)......................................
Withdrawal Charge (Base Schedule for Offering under File No. 333-        8%         8%         7%         6%          0          0          0          0
 119656)........................................................
Withdrawal Charge if Five-Year Period is elected (Optional               8%         7%         6%         4%         2%          0          0          0
 Schedule for Offerings under File No. 333-70472)...............
Withdrawal Charge if Four-Year Period is elected (Optional               8%         7%       5.5%       3.5%          0          0          0          0
 Schedule for Offering under File No. 333-132128)...............
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    26. The withdrawal charge is waived upon withdrawals to satisfy the
required minimum distribution of the Internal Revenue Code (if the
withdrawal requested exceeds the required minimum distribution, the
withdrawal charge will not be waived on the required minimum
distribution) and, to the extent permitted by state law, the withdrawal
fee is waived in connection with withdrawals of: (i) Up to $250,000
from the Investment Divisions or the Fixed Accounts of the Contracts in
connection with the terminal illness of the owner of a Contract, or in
connection with extended hospital or nursing home care for the owner;
and (ii) up to 25% (12.5% each for two joint owners) of contract value
in connection with certain serious medical conditions specified in the
Contract.

Applicants' Legal Analysis

    1. Applicants state that Section 6(c) of the Act authorizes the
Commission to exempt any person, security or transaction, or any class
or classes of persons, securities or transactions from the provisions
of the Act and the rules promulgated thereunder if and to the extent
that such exemption is necessary or appropriate in the public interest
and consistent with the protection of investors and the purposes fairly
intended by the policy and provisions of the Act. Applicants request
that the Commission, pursuant to Section 6(c) of the Act, grant the
exemptions requested below with respect to the Contracts and any Future
Contracts funded by the JNL Separate Account or Other Accounts that are
issued by Jackson National and underwritten or distributed by the
Distributor or Affiliated Broker-Dealers. Applicants undertake that
Future Contracts funded by the Separate Account or Other Accounts, in
the future, will be substantially similar in all material respects to
the Contracts. Applicants believe that the requested exemptions are
appropriate in the public interest and consistent with the protection
of investors and the purposes fairly intended by the policy and
provisions of the Act.
    2. Applicants state that Subsection (i) of Section 27 of the Act
provides that Section 27 does not apply to any registered separate
account funding variable insurance contracts, or to the sponsoring
insurance company and principal underwriter of such account, except as
provided in paragraph (2) of the subsection. Paragraph (2) provides
that it shall be unlawful for such a separate account or sponsoring
insurance company to sell a contract funded by the registered separate
account unless such contract is a redeemable security. Section 2(a)(32)
defines ``redeemable security'' as any security, other than short-term
paper, under the terms of the which the holder, upon presentation to
the issuer, is entitled to receive approximately his proportionate
share of the issuer's current net assets, or the cash equivalent
thereof.
    3. Applicants submit that the recapture of the Contract Enhancement
in the circumstances set forth in its Application would not deprive an
owner of his or her proportionate share of the issuer's current net
assets. A Contract owner's interest in the amount of the Contract
Enhancement allocated to his or her contract value upon receipt of a
premium payment is not fully vested until five or seven complete years
following a premium. Until or unless the amount of any Contract
Enhancement is vested, Jackson National retains the right and interest
in the Contract Enhancement amount, although not in the earnings
attributable to that amount. Thus, Applicants urge that when Jackson
National recaptures any Contract Enhancement it is simply retrieving
its own assets, and because a Contract owner's interest in the Contract
Enhancement is not vested, the Contract owner has not been deprived of
a proportionate share of the JNL Separate Account's assets, i.e., a
share of the JNL Separate Account's assets proportionate to the
Contract owner's contract value.
    4. In addition, Applicants represent that it would be patently
unfair to allow a Contract owner exercising the free-look privilege to
retain the Contract Enhancement amount under a Contract that has been
returned for a refund after a period of only a few days. If Jackson
National could not recapture the Contract Enhancement, individuals
could purchase a Contract with no intention of retaining it and simply
return it for a quick profit. Furthermore, Applicants state that the
recapture of the Contract Enhancement relating to withdrawals or
receiving income payments within the first five or seven years of a
premium contribution is designed to protect Jackson National against
Contract owners not holding the Contract for a sufficient time period.
It would provide Jackson National with insufficient time to recover the
cost of the Contract Enhancement, to its financial detriment.
    5. Applicants represent that it is not administratively feasible to
track the Contract Enhancement amount in the JNL Separate Account after
the Contract Enhancement(s) is applied. Accordingly, the asset-based
charges applicable to the JNL Separate Account will be assessed against
the entire amounts held in the JNL Separate Account, including any
Contract Enhancement amounts. As a result, the aggregate asset-based
charges assessed will be higher than those that would be charged if the
Contract owner's contract value did not include any Contract
Enhancement.
    6. Applicants submit that the provisions for recapture of any
Contract Enhancement under the Contracts do not violate Sections
2(a)(32) and 27(i)(2)(A) of the Act. Sections 26(e) and 27(i) were
added to the Act to implement the purposes of the National Securities
Markets Improvement Act of 1996 and Congressional intent. The
application of a Contract Enhancement

to premium payments made under the Contracts should not raise any
questions as to compliance by Jackson National with the provisions of
Section 27(i). However, to avoid any uncertainty as to full compliance
with the Act, Applicants request an Amended Order providing exemption
from Section 2(a)(32) and 27(i)(2)(A), to the extent deemed necessary,
to permit the recapture of the Contract Enhancements, including the 5%
Contract Enhancement under the circumstances described herein and in
the Application, without the loss of relief from Section 27 provided by
Section 27(i).
    7. Applicants state that Section 22(c) of the Act authorizes the
Commission to make rules and regulations applicable to registered
investment companies and to principal underwriters of, and dealers in,
the redeemable securities of any registered investment company to
accomplish the same purposes as contemplated by Section 22(a). Rule
22c-1 under the Act prohibits a registered investment company issuing
any redeemable security, a person designated in such issuer's
prospectus as authorized to consummate transactions in any such
security, and a principal underwriter of, or dealer in, such security,
from selling, redeeming, or repurchasing any such security except at a
price based on the current net asset value of such security which is
next computed after receipt of a tender of such security for redemption
or of an order to purchase or sell such security.
    8. Applicants state that it is possible that someone might view
Jackson National's recapture of the Contract Enhancements as resulting
in the redemption of redeemable securities for a price other than one
based on the current net asset value of the JNL Separate Account.
Applicants contend, however, that the recapture of the Contract
Enhancement does not violate Rule 22c-1. The recapture of some or all
of the Contract Enhancement does not involve either of the evils that
Section 22(c) and Rule 22c-1 were intended to eliminate or reduce as
far as reasonably practicable, namely: (i) The dilution of the value of
outstanding redeemable securities of registered investment companies
through their sale at a price below net asset value or repurchase at a
price above it, and (ii) other unfair results, including speculative
trading practices. To effect a recapture of a Contract Enhancement,
Jackson National will redeem interests in a Contract owner's contract
value at a price determined on the basis of the current net asset value
of the JNL Separate Account. The amount recaptured will be less than or
equal to the amount of the Contract Enhancement that Jackson National
paid out of its general account assets. Although Contract owners will
be entitled to retain any investment gains attributable to the Contract
Enhancement and to bear any investment losses attributable to the
Contract Enhancement, the amount of such gains or losses will be
determined on the basis of the current net asset values of the JNL
Separate Account. Thus, no dilution will occur upon the recapture of
the Contract Enhancement. Applicants also submit that the second harm
that Rule 22c-1 was designed to address, namely, speculatively trading
practices calculated to take advantage of backward pricing, will not
occur as a result of the recapture of the Contract Enhancement. Because
neither of the harms that Rule 22c-1 was meant to address is found in
the recapture of the Contract Enhancement, Rule 22c-1 should not apply
to any Contract Enhancement. However, to avoid any uncertainty as to
full compliance with Rule 22c-1, Applicants request an Amended Order
granting an exemption from the provisions of Rule 22c-1 to the extent
deemed necessary to permit them to recapture the Contract Enhancement
under the Contracts.
    9. Applicants submit that extending the requested relief to
encompass Future Contracts and Other Accounts is appropriate in the
public interest because it promotes competitiveness in the variable
annuity market by eliminating the need to file redundant exemptive
applications prior to introducing new variable annuity contracts.
Investors would receive no benefit or additional protection by
requiring Applicants to repeatedly seek exemptive relief that would
present no issues under the Act not already addressed in the
Application.
    Applicants submit, for the reasons stated herein, that their
exemptive request meets the standards set out in Section 6(c) of the
Act, namely, that the exemptions requested are appropriate in the
public interest and consistent with the protection of investors and the
purposes fairly intended by the policy and provisions of the Act and
that, therefore, the Commission should grant the requested order.

    For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Nancy M. Morris,
Secretary.
[FR Doc. E6-22009 Filed 12-22-06; 8:45 am]

BILLING CODE 8011-01-P


[Federal Register Volume 79, Number 8 (Monday, January 13, 2014)]
[Notices]
[Page 2245]
[FR Doc No: 2014-00338]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

[Summary Notice No. PE-2013-XX]

Petition for Exemption; Summary of Petition Received

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice of petition for exemption received.

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SUMMARY: This notice contains a summary of a petition seeking relief
from specified requirements of Title 14 of the Code of Federal
Regulations. The purpose of this notice is to improve the public's
awareness of, and participation in, this aspect of FAA's regulatory
activities. Neither publication of this notice nor the inclusion or
omission of information in the summary is intended to affect the legal
status of the petition or its final disposition.

DATES:  Comments on this petition must identify the petition docket
number and must be received on or before February 3, 2014.

ADDRESSES: You may send comments identified by Docket Number FAA-2013-
0883 using any of the following methods:
     Government-wide rulemaking Web site: Go to http://www.regulations.gov and follow the instructions for sending your
comments electronically.
     Mail: Send comments to the Docket Management Facility;
U.S. Department of Transportation, 1200 New Jersey Avenue SE., West
Building Ground Floor, Room W12-140, Washington, DC 20590.
     Fax: Fax comments to the Docket Management Facility at
202-493-2251.
     Hand Delivery: Bring comments to the Docket Management
Facility in Room W12-140 of the West Building Ground Floor at 1200 New
Jersey Avenue SE., Washington, DC, between 9 a.m. and 5 p.m., Monday
through Friday, except Federal holidays.
    Privacy: We will post all comments we receive, without change, to
http://www.regulations.gov, including any personal information you
provide. Using the search function of our docket Web site, anyone can
find and read the comments received into any of our dockets, including
the name of the individual sending the comment (or signing the comment
for an association, business, labor union, etc.). You may review DOT's
complete Privacy Act Statement in the Federal Register published on
April 11, 2000 (65 FR 19477-78).
    Docket: To read background documents or comments received, go to
http://www.regulations.gov at any time or to the Docket Management
Facility in Room W12-140 of the West Building Ground Floor at 1200 New
Jersey Avenue SE., Washington, DC, between 9 a.m. and 5 p.m., Monday
through Friday, except Federal holidays.

FOR FURTHER INFORMATION CONTACT: Sandra Long, ARM-201, Federal Aviation
Administration, Office of Rulemaking, 800 Independence Ave. SW.,
Washington, DC 20591; email<EMAIL_ADDRESS>(202) 493-5245.
    This notice is published pursuant to 14 CFR 11.85.

    Issued in Washington, DC, on January 7, 2014.
Lirio Liu,
Director, Office of Rulemaking.

Petition for Exemption

    Docket No.: FAA-2013-0883.
    Petitioner: Tatonduk Outfitters, Ltd d/b/a Everts Air Cargo.
    Section of 14 CFR Affected: 14 CFR 91.801 and Appendix C of part
36.
    Description of Relief Sought: Petitioner requests relief to operate
its McDonnell Douglas DC-9s (recertified with Stage 3 Hushkits) at
higher than conforming maximum landing weights, thus making the
airplanes non-compliant for Stage 3 noise.

[FR Doc. 2014-00338 Filed 1-10-14; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 76, Number 56 (Wednesday, March 23, 2011)]
[Notices]
[Pages 16472-16474]
[FR Doc No: 2011-6724]

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DEPARTMENT OF TRANSPORTATION

National Highway Traffic Safety Administration

Petition for Exemption From the Vehicle Theft Prevention
Standard; Ford Motor Company

AGENCY: National Highway Traffic Safety Administration (NHTSA),
Department of Transportation (DOT).

ACTION: Grant of petition for exemption.

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

SUMMARY: This document grants in full the Ford Motor Company's (Ford)
petition for an exemption of the C-MAX vehicle line in accordance with
Sec.  543.9(c)(2) of 49 CFR part 543, Exemption from the Theft
Prevention Standard. This petition is granted because the agency has
determined that the antitheft device to be placed on the line as
standard equipment is likely to be as effective in reducing and
deterring motor vehicle theft as compliance with

the parts-marking requirements of the Theft Prevention Standard (49 CFR
part 541). Ford requested confidential treatment for an attachment it
submitted in support of its petition. The agency has addressed Ford's
request for confidential treatment by letter dated March 1, 2011.

DATES: The exemption granted by this notice is effective beginning with
the 2013 model year.

FOR FURTHER INFORMATION CONTACT: Ms. Carlita Ballard, Office of
International Policy, Fuel Economy and Consumer Programs, NHTSA, 1200
New Jersey Avenue, SE., Washington, DC 20590. Ms. Ballard's telephone
number is<PHONE_NUMBER>. Her fax number is<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION: In a petition dated January 25, 2011, Ford
requested an exemption from the parts-marking requirements of the Theft
Prevention Standard (49 CFR part 541) for the MY 2013 Ford C-MAX
vehicle line. The petition requested an exemption from parts-marking
pursuant to 49 CFR part 543, Exemption from Vehicle Theft Prevention
Standard, based on the installation of an antitheft device as standard
equipment for an entire vehicle line.
    Under Sec.  543.5(a), a manufacturer may petition NHTSA to grant
exemptions for one vehicle line per model year. In its petition, Ford
provided a detailed description and diagram of the identity, design,
and location of the components of the antitheft device for the C-MAX
vehicle line. Ford will install its Passive Antitheft Electronic
Immobilizer System (PATS) on the 2013 C-MAX as standard equipment. Ford
stated that it will also offer its Intelligent Access with Push Button
Start (IAwPB) antitheft device as optional equipment. Ford stated that
both systems are passive, electronic immobilizer devices that use
encrypted transponder technology with 28 trillion different possible
electronic key codes for the PATS system and 400 million different
possible electronic key codes for the IAwPB system. Key components of
the PATS antitheft device will include an electronic transponder key,
transceiver module, ignition lock, and a passive immobilizer. Key
components of the IAwPB device is an electronic keyfob, remote function
actuator, body control module, power train control module and a passive
immobilizer. Ford stated that its MY 2013 C-MAX vehicle line will also
be equipped with several other standard antitheft features common to
Ford vehicles, (i.e., counterfeit resistant VIN labels; secondary VINs,
hood release inside vehicle, and cabin accessibility through the use of
a valid key fob or keycode). Ford further stated that its C-MAX
vehicles will also be available with an optional perimeter alarm
system. The perimeter alarm system will utilize both an audible and
visible alarm if unauthorized access is attempted. Ford's submission is
considered a complete petition as required by 49 CFR 543.7, in that it
meets the general requirements contained in Sec.  543.5 and the
specific content requirements of Sec.  543.6.
    Ford stated that the devices integration of the transponder into
the normal operation of the ignition key assures activation of the
system. Ford further stated that both devices are always active and
require no other operator action. Specifically, in the PATS device,
when the ignition key is turned to the ``start'' position, the
transceiver module reads the ignition key code and transmits an
encrypted message from the keycode to the control module, which then
determines key validity and authorizes engine starting by sending a
separate encrypted message to the powertrain control module (PCM). In
the IAwPB device, when the ``startstop'' button is pressed, the
transceiver module reads the key code and transmits an encrypted
message from the keycode to the control module to determine validity
and authorizes engine starting by sending a separate encrypted message
to the body control module, the PEP/RFA module and the PCM. Ford
pointed out that in addition to the programmed key, the three modules
that must be matched to start the vehicle adds even an additional level
of security to the IAwPB device. In both devices, if the codes do not
match, the vehicle will be inoperable.
    In addressing the specific content requirements of 543.6, Ford
provided information on the reliability and durability of its proposed
device. To ensure reliability and durability of the device, Ford
conducted tests based on its own specified standards. Ford provided a
detailed list of the tests conducted and believes that the device is
reliable and durable since the device complied with its specified
requirements for each test.
    Ford compared the device proposed for its vehicle line with other
devices which NHTSA has determined to be as effective in reducing and
deterring motor vehicle theft as would compliance with the parts-
marking requirements. Ford stated that it believes that the standard
installation of either the PATS device or the IAwPB device would be an
effective deterrent against vehicle theft.
    Ford stated that it installed the PATS device on all MY 1996 Ford
Mustang GT and Cobra models as standard equipment. Ford also stated
that the PATS device was extended to the complete Ford Mustang vehicle
line as standard equipment in MY 1997. Ford also stated that according
to the National Insurance Crime Bureau (NICB) theft statistics, MY 1997
Mustangs installed with the PATS device showed a 70% reduction in theft
rate when compared to MY 1995 Mustangs. Ford also stated that the PATS
device is currently offered as standard equipment on most of its North
American Ford, Lincoln and Mercury vehicles but is offered as optional
equipment on its F-series Super Duty pickups, Econoline and Transit
Connect vehicle. Ford stated that beginning with MY 2011, the IAwPB
device will also be offered as standard equipment on the Lincoln MKT
and optionally on the Lincoln MKS, MKX, Ford Taurus, Edge, Explorer,
Focus and Fiesta vehicles.
    Ford referenced the agency's published theft rate data for the
Volvo S60 for comparison purposes because it stated that the Ford C-MAX
is a new vehicle and would utilize the PATS and IAwPB systems that
would be similar to the Volvo S60 in design and architecture. Ford
stated that the Volvo S60's theft rate is lower than the vehicle theft
rate for all vehicles in four of the last five calendar years for which
published data is available. Specifically, the agency's data show that
theft rates for the Volvo S60 for MYs 2006-2008 are 1.3803, 0.6907 and
2.3543 respectively. Using an average of 3 MYs data (2006-2008), the
theft rate for the Volvo S60 vehicle line is well below the median at
1.4751. Ford stated that since either the PATS device or the IAwPB
device are the primary theft devices on Ford C-MAX vehicles, it
believes that theft rates similar to Volvo S60 are likely to continue
or improve in the future.
    The agency agrees that the device is substantially similar to
devices in other vehicle lines for which the agency has already granted
exemptions. Based on the evidence submitted by Ford, the agency
believes that the antitheft device for the C-MAX vehicle line is likely
to be as effective in reducing and deterring motor vehicle theft as
compliance with the parts-marking requirements of the Theft Prevention
Standard (49 CFR part 541).
    Pursuant to 49 U.S.C. 33106 and 49 CFR 543.7 (b), the agency grants
a petition for exemption from the parts-marking requirements of Part
541 either in whole or in part, if it determines that, based upon
substantial evidence, the

standard equipment antitheft device is likely to be as effective in
reducing and deterring motor vehicle theft as compliance with the
parts-marking requirements of part 541. The agency finds that Ford has
provided adequate reasons for its belief that the antitheft device for
the Ford C-MAX vehicle line is likely to be as effective in reducing
and deterring motor vehicle theft as compliance with the parts-marking
requirements of the Theft Prevention Standard (49 CFR part 541). This
conclusion is based on the information Ford provided about its device.
    The agency concludes that the device will provide four of the five
types of performance listed in Sec.  543.6(a)(3): Promoting activation;
preventing defeat or circumvention of the device by unauthorized
persons; preventing operation of the vehicle by unauthorized entrants;
and ensuring the reliability and durability of the device.
    For the foregoing reasons, the agency hereby grants in full Ford's
petition for exemption for the C-MAX vehicle line from the parts-
marking requirements of 49 CFR part 541. The agency notes that 49 CFR
part 541, appendix A-1, identifies those lines that are exempted from
the Theft Prevention Standard for a given model year. 49 CFR 543.7(f)
contains publication requirements incident to the disposition of all
part 543 petitions. Advanced listing, including the release of future
product nameplates, the beginning model year for which the petition is
granted and a general description of the antitheft device is necessary
in order to notify law enforcement agencies of new vehicle lines
exempted from the parts-marking requirements of the Theft Prevention
Standard.
    If Ford decides not to use the exemption for this line, it must
formally notify the agency. If such a decision is made, the line must
be fully marked according to the requirements under 49 CFR 541.5 and
541.6 (marking of major component parts and replacement parts).
    NHTSA notes that if Ford wishes in the future to modify the device
on which this exemption is based, the company may have to submit a
petition to modify the exemption. Section 543.7(d) states that a part
543 exemption applies only to vehicles that belong to a line exempted
under this part and equipped with the antitheft device on which the
line's exemption is based. Further, Sec.  543.9(c)(2) provides for the
submission of petitions ``to modify an exemption to permit the use of
an antitheft device similar to but differing from the one specified in
that exemption.''
    The agency wishes to minimize the administrative burden that Part
543.9(c)(2) could place on exempted vehicle manufacturers and itself.
The agency did not intend in drafting part 543 to require the
submission of a modification petition for every change to the
components or design of an antitheft device. The significance of many
such changes could be de minimis. Therefore, NHTSA suggests that if the
manufacturer contemplates making any changes, the effects of which
might be characterized as de minimis, it should consult the agency
before preparing and submitting a petition to modify.

    Authority:  49 U.S.C. 33106; delegation of authority at 49 CFR
1.50.

    Issued on: March 17, 2011.
Joseph S. Carra,
Acting Associate Administrator for Rulemaking.
[FR Doc. 2011-6724 Filed 3-22-11; 8:45 am]
BILLING CODE 4910-59-P


[Federal Register Volume 79, Number 176 (Thursday, September 11, 2014)]
[Notices]
[Pages 54274-54275]
[FR Doc No: 2014-21598]

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

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Combined Notice of Filings 2

    Take notice that the Commission received the following electric
rate filings:

    Docket Numbers: ER10-1901-008.
    Applicants: Upper Peninsula Power Company.
    Description: Notice of No-Material Change in Status of Upper
Peninsula Power Company.
    Filed Date: 9/3/14.
    Accession Number: 20140903-5097.
    Comments Due: 5 p.m. ET 9/24/14.

    Docket Numbers: ER10-2895-008; ER11-2292-007; ER11-3942-006; ER11-
2293-007; ER10-2917-008; ER11-2294-007; ER13-1613-001; ER10-2918-009;
ER10-2920-008; ER11-3941-006; ER10-2921-008; ER10-2922-008; ER10-2966-
008.
    Applicants: Bear Swamp Power Company LLC, Brookfield Energy
Marketing Inc., Brookfield Energy Marketing LP, Brookfield Energy
Marketing US LLC, Brookfield Power Piney & Deep Creek LLC, Brookfield
Renewable Energy Marketing US, Brookfield White Pine Hydro LLC, Carr
Street Generating Station, L.P., Erie Boulevard Hydropower, L.P.,
Granite Reliable Power, LLC, Great Lakes Hydro America, LLC, Hawks Nest
Hydro LLC, Rumford Falls Hydro LLC.
    Description: Second Supplement to December 30, 2013 Updated Market
Power Analysis for the Northeast Region of the Brookfield Companies
under ER10-2895, et. al.
    Filed Date: 9/2/14.
    Accession Number: 20140902-5295.
    Comments Due: 5 p.m. ET 9/23/14.

    Docket Numbers: ER14-2759-000.
    Applicants: R.R. Donnelley & Sons Company.
    Description: Initial rate filing per 35.12 R.R. Donnelley MBRA
Application to be effective 11/2/2014.
    Filed Date: 9/3/14.
    Accession Number: 20140903-5061.
    Comments Due: 5 p.m. ET 9/24/14.

    Docket Numbers: ER14-2760-000.
    Applicants: Southwestern Public Service Company.
    Description: Sec.  205(d) rate filing per 35.13(a)(2)(iii): 2014-9-
3SPS-NPEC-GSEC-Chaparral-675 0.0.0-Filing to be effective 9/4/
2014.
    Filed Date: 9/3/14.
    Accession Number: 20140903-5086.
    Comments Due: 5 p.m. ET 9/24/14.

    Docket Numbers: ER14-2761-000.
    Applicants: Midcontinent Independent System Operator, Inc.
    Description: Sec.  205(d) rate filing per 35.13(a)(2)(iii): 2014-
09-03SA 2693 NSP-Black Oak Wind Farm GIA (G858/H071) to be
effective 9/4/2014.
    Filed Date: 9/3/14.
    Accession Number: 20140903-5089.
    Comments Due: 5 p.m. ET 9/24/14.

    Docket Numbers: ER14-2762-000.
    Applicants: Pine Bluff Energy, LLC.

    Description: Sec.  205(d) rate filing per 35.13(a)(2)(iii): Rate
Schedule FERC No. 1 for Reactive Service to be effective 11/1/2014.
    Filed Date: 9/3/14.
    Accession Number: 20140903-5099.
    Comments Due: 5 p.m. ET 9/24/14.

    Docket Numbers: ER14-2763-000.
    Applicants: Westar Energy, Inc.
    Description: Tariff Withdrawal per 35.15: Request for Cancellation
of Schedule 3A & Balancing Area Services Agreement to be effective 12/
1/2014.
    Filed Date: 9/3/14.
    Accession Number: 20140903-5109.
    Comments Due: 5 p.m. ET 9/24/14.

    The filings are accessible in the Commission's eLibrary system by
clicking on the links or querying the docket number.
    Any person desiring to intervene or protest in any of the above
proceedings must file in accordance with Rules 211 and 214 of the
Commission's Regulations (18 CFR 385.211 and 385.214) on or before 5:00
p.m. Eastern time on the specified comment date. Protests may be
considered, but intervention is necessary to become a party to the
proceeding.
    eFiling is encouraged. More detailed information relating to filing
requirements, interventions, protests, service, and qualifying
facilities filings can be found at: http://www.ferc.gov/docs-filing/efiling/filing-req.pdf. For other information, call<PHONE_NUMBER>
(toll free). For TTY, call<PHONE_NUMBER>.

    Dated: September 3, 2014.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2014-21598 Filed 9-10-14; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 83, Number 176 (Tuesday, September 11, 2018)]
[Proposed Rules]
[Pages 45860-45861]
[FR Doc No: 2018-19649]

=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF TREASURY

Office of the Comptroller of the Currency

12 CFR Part 44

[Docket No. OCC-2018-0010]
RIN 1557-AE27

FEDERAL RESERVE SYSTEM

12 CFR Part 248

[Docket No. R-1608]
RIN 7100-AF 06

FEDERAL DEPOSIT INSURANCE CORPORATION

12 CFR Part 351

RIN 3064-AE67

COMMODITY FUTURES TRADING COMMISSION

17 CFR Part 75

RIN 3038-AE72

SECURITIES AND EXCHANGE COMMISSION

17 CFR Part 255

[Release no. BHCA-3; File no. S7-14-18]
RIN 3235-AM10

Extension of Comment Period for Proposed Revisions to
Prohibitions and Restrictions on Proprietary Trading and Certain
Interests in, and Relationships With, Hedge Funds and Private Equity
Funds

AGENCY: Office of the Comptroller of the Currency, Treasury (OCC);
Board of Governors of the Federal Reserve System (Board); Federal
Deposit Insurance Corporation (FDIC); Securities and Exchange
Commission (SEC); and Commodity Futures Trading Commission (CFTC)
(collectively, the ``Agencies'').

ACTION: Notice of proposed rulemaking; extension of comment period.

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

SUMMARY: On July 17, 2018, the Agencies published in the Federal
Register a notice of proposed rulemaking (proposal) that would amend
the regulations implementing section 13 of the Bank Holding Company
Act. Section 13 contains certain restrictions on the ability of a
banking entity and nonbank financial company supervised by the Board to
engage in proprietary trading and have certain interests in, or
relationships with, a hedge fund or private equity fund. The proposed
amendments are intended to provide banking entities with clarity about
what activities are prohibited and to improve supervision and
implementation of section 13.
    In response to requests from commenters regarding issues addressed
in the proposal, the public comment period has been extended for 30
days until October 17, 2018. This action will allow interested persons
additional time to analyze the proposal and prepare their comments.

DATES: The comment period for the notice of proposed rulemaking
published on July 17, 2018 (83 FR 33432), regarding proposed revisions
to prohibitions and restrictions on proprietary trading and certain
interests in, and relationships with, hedge funds and private equity
funds, is extended from September 17, 2018, to October 17, 2018.

ADDRESSES: You may submit comments by any of the methods identified in
the proposal.\1\ Please submit your comments using only one method.
---------------------------------------------------------------------------

    \1\ See 83 FR 33432, 33432-33 (July 17, 2018).

FOR FURTHER INFORMATION CONTACT:
    OCC: Tabitha Edgens, Senior Attorney; Mark O'Horo, Attorney, Chief
Counsel's Office,<PHONE_NUMBER>; for persons who are deaf or hearing
impaired, TTY,<PHONE_NUMBER>, Office of the Comptroller of the
Currency, 400 7th Street SW, Washington, DC 20219.
    Board: Kevin Tran, Supervisory Financial Analyst,<PHONE_NUMBER>,
Amy Lorenc, Financial Analyst,<PHONE_NUMBER>, David Lynch, Deputy
Associate Director,<PHONE_NUMBER>, David McArthur, Senior Economist,
(202) 452-2985, Division of Supervision and Regulation; Flora Ahn,
Senior Counsel,<PHONE_NUMBER>, Gregory Frischmann, Counsel, (202) 452-
2803, or Kirin Walsh, Attorney,<PHONE_NUMBER>, Legal Division, Board
of Governors of the Federal Reserve System, 20th and C Streets NW,
Washington, DC 20551. For the hearing impaired only,

Telecommunication Device for the Deaf (TDD),<PHONE_NUMBER>.
    FDIC: Bobby R. Bean, Associate Director, [email protected], Michael
Spencer, Chief, Capital Markets Strategies Section,
[email protected], or Brian Cox, Capital Markets Policy Analyst,
[email protected], Capital Markets Branch,<PHONE_NUMBER>; Michael B.
Phillips, Counsel, [email protected], Benjamin J. Klein, Counsel,
[email protected], or Annmarie H. Boyd, Counsel, [email protected], Legal
Division, Federal Deposit Insurance Corporation, 550 17th Street NW,
Washington, DC 20429.
    SEC: Andrew R. Bernstein (Senior Special Counsel), Sophia Colas
(Attorney-Adviser), Sam Litz (Attorney-Adviser), Aaron Washington
(Special Counsel), Elizabeth Sandoe (Senior Special Counsel), Carol
McGee (Assistant Director), or Josephine J. Tao (Assistant Director),
at<PHONE_NUMBER>, Division of Trading and Markets, and Nicholas
Cordell, Matthew Cook, Elizabeth Blase, Aaron Gilbride (Branch Chief),
Brian McLaughlin Johnson (Assistant Director), and Sara Cortes
(Assistant Director), at<PHONE_NUMBER> or [email protected], Division of
Investment Management, U.S. Securities and Exchange Commission, 100 F
Street NE, Washington, DC 20549.
    CFTC: Erik Remmler, Deputy Director,<PHONE_NUMBER>,
[email protected]; Cantrell Dumas, Special Counsel,<PHONE_NUMBER>,
[email protected]; Jeffrey Hasterok, Data and Risk Analyst, (646) 746-
9736, [email protected], Division of Swap Dealer and Intermediary
Oversight; Mark Fajfar, Assistant General Counsel,<PHONE_NUMBER>,
[email protected], Office of the General Counsel; Stephen Kane, Research
Economist,<PHONE_NUMBER>, [email protected], Office of the Chief
Economist; Commodity Futures Trading Commission, Three Lafayette
Centre, 1155 21st Street NW, Washington, DC 20581.

SUPPLEMENTARY INFORMATION: On July 17, 2018, the Agencies published in
the Federal Register a notice of proposed rulemaking that would amend
the regulations implementing section 13 of the Bank Holding Company
Act.\2\ Section 13 contains certain restrictions on the ability of a
banking entity and nonbank financial company supervised by the Board to
engage in proprietary trading and have certain interests in, or
relationships with, a hedge fund or private equity fund. The proposed
amendments are intended to provide banking entities with clarity about
what activities are prohibited and to improve supervision and
implementation of section 13. The proposal stated that the public
comment period would close on September 17, 2018.\3\
---------------------------------------------------------------------------

    \2\ 83 FR 33432-33605.
    \3\ 83 FR 33432-33605.
---------------------------------------------------------------------------

    The Agencies have received requests from the public asking the
Agencies to extend the comment period for the proposal.\4\ These
requests suggested that an extension of the comment period would help
commenters provide feedback on the proposed changes and detailed
requests for comment in the proposal. This extension of the comment
period will allow interested persons additional time to analyze the
proposal and prepare their comments. Accordingly, the comment period
for the proposal is extended from September 17, 2018, to October 17,
2018.
---------------------------------------------------------------------------

    \4\ See joint comment letter to the Agencies from Better
Markets, Americans for Financial Reform, Public Citizen and the
Center for American Progress (July 10, 2018); comment letter to the
Agencies from U.S. Senators Sherrod Brown and Jeffrey A. Merkley
(August 6, 2018); comment letter to the Agencies from the National
Association of Federally-Insured Credit Unions (July 25, 2018).

    Dated: August 31, 2018.
Joseph M. Otting,
Comptroller of the Currency.
    By order of the Board of Governors of the Federal Reserve
System, acting through the Secretary of the Board under delegated
authority, August 29, 2018.
Ann E. Misback,
Secretary of the Board.
    Dated at Washington, DC on August 28, 2018. Federal Deposit
Insurance Corporation.
Valerie Jean Best,
Assistant Executive Secretary.
    By the Securities and Exchange Commission.
    Dated: September 4, 2018.
Brent J. Fields,
Secretary.
    Issued in Washington, DC, on August 30, 2018, by the Commodity
Futures Trading Commission.
Christopher J. Kirkpatrick,
Secretary of the Commodity Futures Trading Commission.
[FR Doc. 2018-19649 Filed 9-10-18; 8:45 am]
 BILLING CODE 6210-01-P; 4810-33-P; 6714-01-P; 8011-01-P; 6351-01-P


[Federal Register Volume 77, Number 78 (Monday, April 23, 2012)]
[Notices]
[Page 24213]
[FR Doc No: 2012-9622]

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DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

[Docket ID FEMA-2010-0032]

Federal Radiological Preparedness Coordinating Committee

AGENCY: Federal Emergency Management Agency, DHS.

ACTION: Notice of public meeting.

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

SUMMARY: The Federal Radiological Preparedness Coordinating Committee
(FRPCC) is holding a public meeting on May 3, 2012 in Arlington, VA.

DATES: The meeting will take place on May 3, 2012. The session is open
to the public from 10 a.m. to 11 a.m. Please note that the meeting may
close early if the Committee has completed its business. Send written
statements and requests to make oral statements to the contact person
in the FOR FURTHER INFORMATION CONTACT section by close of business
April 27, 2012.

ADDRESSES: The meeting will be held at the Radisson Hotel Reagan
National Airport in Salons III and IV at 2020 Jefferson Davis Highway,
Arlington, VA 22202.

FOR FURTHER INFORMATION CONTACT: Richard Collins, Program Specialist
(Emergency Management), DHS/FEMA, 1800 South Bell Street--CC858, Mail
Stop 3025, Arlington, VA 20598-3025; telephone<PHONE_NUMBER>; fax
(703) 308-0328; or email<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION: The role and functions of the Federal
Radiological Preparedness Coordinating Committee (FRPCC) are described
in 44 CFR 351.10(a) and 351.11(a). The FRPCC is holding a public
meeting on May 3, 2012 from 10 a.m. to 11 a.m., at the Radisson Hotel
Reagan National Airport in Salons I, II and III at 2020 Jefferson Davis
Highway, Arlington, VA 22202. Please note that the meeting may close
early. This meeting is open to the public.
    Public meeting participants must pre-register to be admitted to the
meeting. To pre-register, please provide your name and telephone number
by close of business on April 27, 2012, to the individual listed in the
FOR FURTHER INFORMATION CONTACT section.
    The tentative agenda for the FRPCC meeting includes: (1)
Introductions, (2) Public Plume Modeling Products, (3) FRPCC Charter
Update, (4) Research and Development Subcommittee Update. The FRPCC Co-
Chairs shall conduct the meeting in a way that will facilitate the
orderly conduct of business. Reasonable provisions will be made, if
time permits, for oral statements from the public of not more than five
minutes in length. Any member of the public who wishes to make an oral
statement at the meeting should send a written request for time by
close of business on April 27, 2012, to the individual listed in the
FOR FURTHER INFORMATION CONTACT section. Any member of the public who
wishes to file a written statement with the FRPCC should provide the
statement by close of business on April 27, 2012, to the individual
listed in the FOR FURTHER INFORMATION CONTACT section.

Information on Services for Individuals With Disabilities

    For information on facilities or services for individuals with
disabilities or to request special assistance at the meeting, please
write or call the individual listed in the FOR FURTHER INFORMATION
CONTACT section as soon as possible.

    Authority: 44 CFR 351.10(a); 351.11(a).

    Dated: April 12, 2012.
Timothy W. Manning,
Deputy Administrator, Protection and National Preparedness, Department
of Homeland Security, Federal Emergency Management Agency.
[FR Doc. 2012-9622 Filed 4-20-12; 8:45 am]
BILLING CODE 9110-21-P


Mary Dominiak 08/ 01/ 2003 03: 54 PM To: Mary Dominiak/ DC/ USEPA/ US@ EPA cc: Subject: Scheduling Sept/ Oct PFOA ECA Technical Workgroup and Plenary Meetings You are receiving this message because you have expressed an interest in receiving information concerning the Agency's enforceable consent agreement ( ECA) process on perfluorooctanoic acid ( PFOA) and the fluorinated telomers, OPPT 2003 0012. If you no longer wish to receive this information, please reply to dominiak. mary@ epa. gov requesting that you be removed from this notification list.

**************************************************************************************** TO: PFOA ECA Technical Workgroup and Plenary Meeting Attendees At the last Plenary session on July 10, 2003, future meetings for the PFOA ECA Fluoropolymer, Telomer, and Monitoring Technical Workgroups were set tentatively for the week of September 15, 2003, and subsequent Technical Workgroup and Plenary meetings were set tentatively for the week of October 20, 2003.

The September Technical Workgroup meetings will be held on Tuesday, Wednesday, and Thursday, September 16, 17, and 18, 2003, in Room 1133 of the EPA East Building at 1201 Constitution Avenue, NW, Washington, DC 20460. The meetings will run from 9: 00 AM to 4: 00 PM each day. The schedule of meetings will be as follows: Tuesday, September 16: Telomer Technical Workgroup Wednesday, September 17: Fluoropolymer Technical Workgroup Thursday, September 18: Monitoring Technical Workgroup Workgroup agendas will be established following the Technical Expert Subgroup meetings scheduled for August 14, 15, 19, 20, and 21, 2003. The Technical Workgroups will be briefed on the progress made in the Subgroups and will provide further direction to subgroup activities, as well as continuing to address issues not delegated to subgroups. We also anticipate that, as decided at the July 10, 2003 Plenary session, the Telomer Technical Workgroup agenda will include the consideration of fire fighting foam information presented at that Plenary session.

The October Workgroup and Plenary sessions have proven more difficult to schedule. EPA will be unable to convene the Plenary session during the week of October 20, 2003, because of a conflict with an international meeting involving EPA. Parties at the Plenary meeting indicated that the weeks of October 6 and October 13, 2003, would also not be feasible. Accordingly, EPA has tentatively scheduled the Workgroup and Plenary meetings for the week of October 27, with Workgroup meetings taking place all day on Monday and Tuesday, October 27 and 28, and on the morning of Wednesday, October 29, 2003. The Plenary session is tentatively scheduled for the afternoon of Wednesday, October 29, 2003.

We are aware that this week was not specifically addressed at the July 10, 2003 Plenary session, and may present unanticipated difficulties for some of the Interested Parties wishing to participate in these meetings. If this scheduling presents difficulties for you, please let us know, and suggest alternative dates.

If you have any questions or comments, please feel free to contact me.

Sincerely,

Mary F. Dominiak U. S. Environmental Protection Agency EPA East, Mail Code 7405M 1200 Pennsylvania Avenue, NW Washington, DC 20460 Phone: 202 564 8104 Fax: 202 564 4775 Courier deliveries: 1201 Constitution Ave., NW, Room 4410; 564 4760


[Federal Register Volume 85, Number 128 (Thursday, July 2, 2020)]
[Notices]
[Pages 39897-39899]
[FR Doc No: 2020-14277]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Combined Notice of Filings #1

    Take notice that the Commission received the following electric
corporate filings:

    Docket Numbers: EC20-66-000.
    Applicants: Northern States Power Company, a Minnesota corporation,
Crowned Ridge Wind II, LLC.
    Description: Supplement to May 8, 2020 Application for
Authorization Under Section 203 of the Federal Power Act, et al. of
Northern States Power Company, a Minnesota corporation, et al.
    Filed Date: 6/24/20.
    Accession Number: 20200624-5215.
    Comments Due: 5 p.m. ET 7/6/20.

    Docket Numbers: EC20-77-000.
    Applicants: Blooming Grove Wind Energy Center LLC.
    Description: Application for Authorization Under Section 203 of the
Federal Power Act, et al. of X Blooming Grove Wind Energy Center LLC.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5273.
    Comments Due: 5 p.m. ET 7/17/20.

    Take notice that the Commission received the following electric
rate filings:

    Docket Numbers: ER10-2253-015; ER10-3319-019.
    Applicants: Astoria Energy LLC, Astoria Energy II LLC.
    Description: Triennial Compliance Filing and Notice of Non-Material
Change in Status of Astoria Energy LLC, et al.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5270.
    Comments Due: 5 p.m. ET 8/25/20.

    Docket Numbers: ER10-2527-009; ER10-2532-015; ER10-2533-009; ER20-
1610-001; ER10-2535-011.
    Applicants: Allegheny Ridge Wind Farm, LLC, Crescent Ridge LLC,
GSG, LLC, Lone Tree Wind, LLC, Mendota Hills, LLC.
    Description: Updated Market Power Analysis for the Northeast Region
of Allegheny Ridge Wind Farm, LLC, et al.
    Filed Date: 6/25/20.
    Accession Number: 20200625-5217.
    Comments Due: 5 p.m. ET 8/24/20.

    Docket Numbers: ER10-3097-011.
    Applicants: Bruce Power Inc.
    Description: Updated Market Power Analysis for the Northeast Region
of Bruce Power Inc.
    Filed Date: 6/25/20.
    Accession Number: 20200625-5214.
    Comments Due: 5 p.m. ET 8/24/20.

    Docket Numbers: ER12-1563-007; ER12-1562-007; ER11-3642-020.
    Applicants: Cayuga Operating Company, LLC, Somerset Operating
Company LLC, Tanner Street Generation, LLC.
    Description: Updated Market Power Analysis for the Northeast Region
of Cayuga Operating Company, LLC, et al.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5255.
    Comments Due: 5 p.m. ET 8/25/20.

    Docket Numbers: ER15-572-008.
    Applicants: New York Transco, LLC, New York Independent System
Operator, Inc.
    Description: Compliance filing: NY Transco compliance--cost
allocation mechanism transmission facilities to be effective 4/8/2019.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5121.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER16-2462-009.
    Applicants: Oregon Clean Energy, LLC.
    Description: Triennial Compliance filing of Oregon Clean Energy,
LLC.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5259.
    Comments Due: 5 p.m. ET 8/25/20.

    Docket Numbers: ER17-2364-004.
    Applicants: St. Joseph Energy Center, LLC.
    Description: Triennial Compliance filing of St. Joseph Energy
Center, LLC.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5260.
    Comments Due: 5 p.m. ET 8/25/20.

    Docket Numbers: ER20-924-003.
    Applicants: PacifiCorp.
    Description: Compliance filing: OATT Queue Reform--Compliance dated
5/12/2020 to be effective 4/1/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5174.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-1898-001.
    Applicants: Pleinmont Solar 2, LLC.
    Description: Tariff Amendment: Pleinmont Solar 2, LLC Supplemental
Certificate of Concurrence with SFA to be effective 5/27/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5177.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-1900-001.
    Applicants: Highlander Solar Energy Station 1, LLC.
    Description: Tariff Amendment: Highlander Solar Energy Station 1,
LLC Supp Certificate of Concurrence with SFA to be effective 5/27/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5203.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2156-000.
    Applicants: Midcontinent Independent System Operator, Inc.
    Description: Request for Waiver Tariff Provisions, et al. of
Midcontinent Independent System Operator, Inc.
    Filed Date: 6/24/20.
    Accession Number: 20200624-5194.
    Comments Due: 5 p.m. ET 6/29/20.

    Docket Numbers: ER20-2175-000.
    Applicants: PJM Interconnection, L.L.C.
    Description: Sec.  205(d) Rate Filing: Original WMPA SA No. 5667;
Queue No. 5667 to be effective 5/28/2020.
    Filed Date: 6/25/20.
    Accession Number: 20200625-5131.
    Comments Due: 5 p.m. ET 7/16/20.

    Docket Numbers: ER20-2176-000.
    Applicants: LA3 West Baton Rouge, LLC.
    Description: Baseline eTariff Filing: Application for MBR
Authorization and Request for Certain Waivers, et al. to be effective
6/26/2020.
    Filed Date: 6/25/20.
    Accession Number: 20200625-5137.
    Comments Due: 5 p.m. ET 7/16/20.

    Docket Numbers: ER20-2177-000.
    Applicants: Helios 5 MT, LLC.
    Description: Baseline eTariff Filing: Application for MBR
Authorization and Request for Certain Waivers, et al. to be effective
6/26/2020.
    Filed Date: 6/25/20.
    Accession Number: 20200625-5139.
    Comments Due: 5 p.m. ET 7/16/20.

    Docket Numbers: ER20-2179-000.
    Applicants: Baldwin Wind Energy, LLC.
    Description: Baseline eTariff Filing: Baldwin Wind Energy, LLC
Application for MBR Authority to be effective 8/25/2020.
    Filed Date: 6/25/20.
    Accession Number: 20200625-5159.
    Comments Due: 5 p.m. ET 7/16/20.

    Docket Numbers: ER20-2180-000.
    Applicants: Southwest Power Pool, Inc.
    Description: Sec.  205(d) Rate Filing: 3204R1 Evergy Missouri West
& City of Rich Hill, MO Int Agr to be effective 8/25/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5069.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2181-000.
    Applicants: Southwest Power Pool, Inc.
    Description: Sec.  205(d) Rate Filing: 3702 KMEA and Empire
District Meter Agent Agreement to be effective 6/1/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5071.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2182-000.
    Applicants: American Transmission Systems, Incorporated, PJM
Interconnection, L.L.C.
    Description: Sec.  205(d) Rate Filing: ATSI submits Two ECSAs, SA
Nos. 5640 and 5643 to be effective 8/26/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5113.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2183-000.
    Applicants: Mid-Atlantic Interstate Transmission, LLC, PJM
Interconnection, L.L.C.
    Description: Sec.  205(d) Rate Filing: MAIT submits Four ECSA Nos.
5584, 5585, 5641 and 5642 to be effective 8/26/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5117.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2184-000.
    Applicants: PJM Interconnection, L.L.C.
    Description: Sec.  205(d) Rate Filing: Original WMPA SA No. 5669;
Queue No. AF1-291 to be effective 5/28/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5119.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2185-000.
    Applicants: PJM Interconnection, L.L.C.
    Description: Sec.  205(d) Rate Filing: Second Revised ISA, SA No.
5481; Queue No. AE2-005 to be effective 5/28/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5138.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2186-000.
    Applicants: Fern Solar LLC.
    Description: Initial rate filing: Reactive Power Tariff filing to
be effective 8/1/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5140.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2187-000.
    Applicants: Southwest Power Pool, Inc.
    Description: Sec.  205(d) Rate Filing: 3220R1 Evergy KS Cent, ITC
Great Plains & Sunflower Int Agr to be effective 8/25/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5142.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2188-000.
    Applicants: Southern California Edison Company.
    Description: Sec.  205(d) Rate Filing: DSA Painter Energy Storage,
LLC & Cancel Letter Agreement Painter BESS to be effective 8/26/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5147.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2189-000.
    Applicants: Southwest Power Pool, Inc.
    Description: Sec.  205(d) Rate Filing: 2888R4 Arkansas Electric
Cooperative Corp NITSA NOA to be effective 6/1/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5155.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2190-000.
    Applicants: Southwest Power Pool, Inc.
    Description: Sec.  205(d) Rate Filing: 3675 Doniphan Electric
Cooperative Assn, Inc. NITSA NOA to be effective 6/1/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5169
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2191-000.
    Applicants: PacifiCorp.
    Description: Sec.  205(d) Rate Filing: OATT Reconciliation (Merge
Queue Reform & Order 845 Changes) to be effective 6/27/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5187.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2192-000.
    Applicants: Brooklyn Navy Yard Cogeneration Partners.
    Description: Sec.  205(d) Rate Filing: Category 1 Status Filing to
be effective 6/30/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5196.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2193-000.
    Applicants: Old Dominion Electric Cooperative.

    Description: Sec.  205(d) Rate Filing: Old Dominion Electric
Cooperative Superseding Cost-of-Service Rate Schedule to be effective
1/1/2021.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5216.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2194-000.
    Applicants: PJM Interconnection, L.L.C.
    Description: Sec.  205(d) Rate Filing: Original WMPA, Service
Agreement No. 5665; Queue No. AF1-032 to be effective 5/28/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5218.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2195-000.
    Applicants: Southwest Power Pool, Inc.
    Description: Sec.  205(d) Rate Filing: GridLiance High Plains
Submission of Tariff Revisions for Add'l Facilities to be effective 9/
1/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5222.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2196-000.
    Applicants: Southwest Power Pool, Inc.
    Description: Sec.  205(d) Rate Filing: 3690 GridLiance High Plains
& Evergy Kansas South Int Agr to be effective 9/1/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5234.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2197-000.
    Applicants: Atlantic City Electric Company, PJM Interconnection,
L.L.C.
    Description: Sec.  205(d) Rate Filing: ACE submits Revisions to
OATT, Att. H-1A and H-1B to be effective 9/1/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5240.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2198-000.
    Applicants: Delmarva Power & Light Company, PJM Interconnection,
L.L.C.
    Description: Sec.  205(d) Rate Filing: Delmarva submits Revisions
to OATT, Att. H-3D and H-3E to be effective 9/1/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5243.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2199-000.
    Applicants: PJM Interconnection, L.L.C.
    Description: Sec.  205(d) Rate Filing: Original WMPA SA No. 5670;
Queue No. AE2-151 to be effective 5/28/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5251.
    Comments Due: 5 p.m. ET 7/17/20.

    Docket Numbers: ER20-2200-000.
    Applicants: Duke Energy Carolinas, LLC.
    Description: Sec.  205(d) Rate Filing: Revisions to Rate Schedule
Nos. 328, 330, and 337 to be effective 6/1/2020.
    Filed Date: 6/26/20.
    Accession Number: 20200626-5276.
    Comments Due: 5 p.m. ET 7/17/20.

    Take notice that the Commission received the following electric
securities filings:

    Docket Numbers: ES20-46-000.
    Applicants: ISO New England Inc.
    Description: Application Under Section 204 of the Federal Power Act
for an Order Authorizing Future Drawdowns Under Existing Authorized
Securities of ISO New England Inc.
    Filed Date: 6/25/20.
    Accession Number: 20200625-5213.
    Comments Due: 5 p.m. ET 6/30/20.

    The filings are accessible in the Commission's eLibrary system by
clicking on the links or querying the docket number.
    Any person desiring to intervene or protest in any of the above
proceedings must file in accordance with Rules 211 and 214 of the
Commission's Regulations (18 CFR 385.211 and 385.214) on or before 5:00
p.m. Eastern time on the specified comment date. Protests may be
considered, but intervention is necessary to become a party to the
proceeding.
    eFiling is encouraged. More detailed information relating to filing
requirements, interventions, protests, service, and qualifying
facilities filings can be found at: http://www.ferc.gov/docs-filing/efiling/filing-req.pdf. For other information, call<PHONE_NUMBER>
(toll free). For TTY, call<PHONE_NUMBER>.

    Dated: June 26, 2020.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2020-14277 Filed 7-1-20; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 83, Number 21 (Wednesday, January 31, 2018)]
[Notices]
[Pages 4534-4535]
[FR Doc No: 2018-01834]

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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 32992; 812-14762]

FS Series Trust and FS Fund Advisor, LLC; Release No. 32992/
January 25, 2018

AGENCY: Securities and Exchange Commission (``Commission'').

ACTION: Notice.

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    Notice of an application under section 6(c) of the Investment
Company Act of 1940 (``Act'') for an exemption from section 15(a) of
the Act and rule 18f-2 under the Act, as well as from certain
disclosure requirements in rule 20a-1 under the Act, Item 19(a)(3) of
Form N-1A, Items 22(c)(1)(ii), 22(c)(1)(iii), 22(c)(8) and 22(c)(9) of
Schedule 14A under the Securities Exchange Act of 1934, and sections 6-
07(2)(a), (b), and (c) of Regulation S-X (``Disclosure Requirements'').
The requested exemption would permit an investment adviser to hire and
replace certain sub-advisers without shareholder approval and grant
relief from the Disclosure Requirements as they relate to fees paid to
the sub-advisers.

Applicants:  FS Series Trust (the ``Trust''), a Delaware statutory
trust registered under the Act as an open-end management investment
company, and FS Fund Advisor, LLC (the ``Advisor''), a Delaware limited
liability company registered as an investment adviser under the
Investment Advisers Act of 1940 (together with the Trust, the
``Applicants'').

Filing Dates:  The application was filed on April 12, 2017 and amended
on September 22, 2017.

Hearing or Notification of Hearing:  An order granting the application
will be issued unless the Commission orders a hearing. Interested
persons may request a hearing by writing to the Commission's Secretary
and serving applicants with a copy of the request, personally or by
mail. Hearing requests should be received by the Commission by 5:30
p.m. on February 19, 2018, and should be accompanied by proof of
service on the applicants, in the form of an affidavit or, for lawyers,
a certificate of service. Pursuant to rule 0-5 under the Act, hearing
requests should state the nature of the writer's interest, any facts
bearing upon the desirability of a hearing on the matter, the reason
for the request, and the issues contested. Persons who wish to be
notified of a hearing may request notification by writing to the
Commission's Secretary.

ADDRESSES: Secretary, U.S. Securities and Exchange Commission, 100 F
Street NE, Washington, DC 20549-1090. Applicants: 201 Rouse Boulevard,
Philadelphia, PA 19112.

FOR FURTHER INFORMATION CONTACT: James Maclean, Senior Counsel, at
(202) 551-7794, or Andrea Ottomanelli Magovern, Branch Chief, at (202)
551-6768 (Division of Investment Management, Chief Counsel's Office).

SUPPLEMENTARY INFORMATION: The following is a summary of the
application. The complete application may be obtained via the
Commission's website by searching for the file number, or an applicant
using the Company name box, at http://www.sec.gov/search/search.htm or
by calling<PHONE_NUMBER>.

Summary of the Application

    1. The Advisor will serve as the investment adviser to the
Subadvised Series pursuant to an investment advisory agreement with the
Trust (each, an ``Investment Management Agreement'' and, collectively,
the ``Investment Management Agreements'').\1\ The Advisor will provide
the Subadvised Series with continuous and comprehensive investment
management services, subject to the supervision of, and policies
established by, the Trust's board of trustees (the ``Board''). The
Investment Management Agreement permits the Advisor, subject to the
approval of the Board, to delegate to one or more Sub-Advisors the
responsibility to provide the day-to-day portfolio investment
management of each Subadvised Series, subject to the supervision and
direction of the Advisor.\2\ The primary responsibility for managing
the Subadvised Series will remain vested in the Advisor. The Advisor
will hire, evaluate, allocate assets to and oversee the Sub-Advisors,
including determining whether a Sub-Advisor should be terminated, at
all times subject to the authority of the Board.
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    \1\ Applicants request relief with respect to any future series
and any other existing or future registered open-end management
company or series thereof that intends to rely on the requested
order and that: (a) Is advised by the Advisor, or any person
controlling, controlled by or under common control with the Advisor
or its successors; (b) uses the multi-manager structure described in
the application; and (c) complies with the terms and conditions of
the application (each, a ``Subadvised Series''). For purposes of the
requested order, ``successor'' is limited to an entity that results
from a reorganization into another jurisdiction or a change in the
type of business organization.
    \2\ A ``Sub-Advisor'' for a Series is (1) an indirect or direct
``wholly-owned subsidiary'' (as such term is defined in the Act) of
the Advisor for that Series, or (2) a sister company of the Advisor
for that Series that is an indirect or direct ``wholly-owned
subsidiary'' (as such term is defined in the Act) of the same
company that, indirectly or directly, wholly owns the Advisor (each
of (1) and (2) a ``Wholly-Owned Sub-Advisor''), or (3) an investment
sub-adviser for that Series that is not an ``affiliated person'' (as
such term is defined in Section 2(a)(3) of the Act) of the Series or
the Advisor, except to the extent that an affiliation arises solely
because the Sub-Advisor serves as a sub-adviser to one or more
Series (each a ``Non-Affiliated Sub-Advisor'') .
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    2. Applicants request an exemption to permit the Advisor, subject
to Board approval, to hire a Non-Affiliated Sub-Advisor or a Wholly-
Owned Sub-Advisor, pursuant to Sub-Advisory Agreements and materially
amend Sub-Advisory Agreements with Non-Affiliated Sub-Advisors and
Wholly-Owned Sub-Advisors without obtaining the shareholder approval
required under section 15(a) of the Act and rule 18f-2 under the
Act.\3\ Applicants also seek an exemption from the Disclosure
Requirements to permit a Subadvised Series to disclose (as both a
dollar amount and a percentage of the Subadvised Series' net assets):
(a) The aggregate fees paid to the Advisor and any Wholly-Owned Sub-
Advisors; (b) the aggregate fees paid to Non-Affiliated Sub-Advisors;
and (c) the fee paid to each Affiliated Sub-Advisor.
---------------------------------------------------------------------------

    \3\ The requested relief will not extend to any sub-adviser,
other than a Wholly-Owned Sub-Advisor, who is an affiliated person,
as defined in section 2(a)(3) of the Act, of the Subadvised Series
or of its Advisor, other than by reason of serving as a sub-adviser
to one or more of the Subadvised Series or to any existing or future
registered open-end management company or series thereof advised by
an Advisor (``Affiliated Sub-Advisor'').
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    3. Applicants agree that any order granting the requested relief
will be subject to the terms and conditions stated in the application.
Such terms and conditions provide for, among other safeguards,
appropriate disclosure to Subadvised Series' shareholders and
notification about sub-advisory changes and enhanced Board oversight to
protect the interests of the Subadvised Series' shareholders.
    4. Section 6(c) of the Act provides that the Commission may exempt
any person, security, or transaction or any class or classes of
persons, securities, or transactions from any provisions of the Act, or
any rule thereunder, if such relief is necessary or appropriate in the
public interest and consistent with the protection of investors and
purposes fairly intended by the policy and provisions of the Act.
Applicants believe that the requested relief meets this standard
because, as further explained in the application, the Investment
Management Agreements will remain subject to shareholder approval while
the role of the Sub-Advisors is substantially equivalent to that of
individual portfolio managers, so that requiring shareholder approval
of Sub-advisory Agreements would impose unnecessary delays and expenses
on the Subadvised Series. Applicants believe that the requested relief
from the Disclosure Requirements meets this standard because it will
improve the Advisor's ability to negotiate fees paid to the Sub-
Advisors that are more advantageous for the Subadvised Series.

    For the Commission, by the Division of Investment Management,
under delegated authority.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-01834 Filed 1-30-18; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register Volume 85, Number 193 (Monday, October 5, 2020)]
[Rules and Regulations]
[Pages 62572-62573]
[FR Doc No: 2020-21888]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 71

[Docket No. FAA-2020-0627; Airspace Docket No. 19-ANM-29]
RIN 2120-AA66

Establishment of Class E Airspace; Granby, CO

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Final rule.

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SUMMARY: This action establishes Class E airspace extending upward from
700 feet above the surface at Granby-Grand County, CO.

DATES: Effective 0901 UTC, December 31, 2020. The Director of the
Federal Register approves this incorporation by reference action under
Title 1 Code of Federal Regulations part 51, subject to the annual
revision of FAA Order 7400.11 and publication of conforming amendments.

ADDRESSES: FAA Order 7400.11E, Airspace Designations and Reporting
Points, and subsequent amendments can be viewed online at https://www.faa.gov//air_traffic/publications/. For further information, you
can contact the Airspace Policy Group, Federal Aviation Administration,
800 Independence Avenue SW, Washington, DC 20591; telephone: (202) 267-
8783. The Order is also available for inspection at the National
Archives and Records Administration (NARA). For information on the
availability of FAA Order 7400.11E at NARA, email<EMAIL_ADDRESS>or go to https://www.archives.gov/federal-register/cfr/ibr-locations.html.

FOR FURTHER INFORMATION CONTACT: Matthew Van Der Wal, Federal Aviation
Administration, Western Service Center, Operations Support Group, 2200
S 216th Street, Des Moines, WA 98198; telephone<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION:

Authority for This Rulemaking

    The FAA's authority to issue rules regarding aviation safety is
found in Title 49 of the United States Code. 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. This rulemaking is promulgated under the authority described
in Subtitle VII, Part A, Subpart I, Section 40103. Under that section,
the FAA is charged with prescribing regulations to assign the use of
airspace necessary to ensure the safety of aircraft and the efficient
use of airspace. This regulation is within the scope of that authority
as it establishes Class E airspace at Granby-Grand County Airport,
Granby, CO, to ensure the safety and management of Instrument Flight
Rules (IFR) operations at the airport.

History

    The FAA published a notice of proposed rulemaking in the Federal
Register (85 FR 43508; July 17, 2020) for Docket No. FAA-2020-0627 to
establish Class E airspace at Granby-Grand County Airport, Granby, CO.
Interested parties were invited to participate in this rulemaking
effort by submitting written comments on the proposal to the FAA. No
comments were received.
    Class E5 airspace designations are published in paragraph 6005 of
FAA Order 7400.11E, dated July 21, 2020, and effective September 15,
2020, which is incorporated by reference in 14 CFR 71.1. The Class E
airspace designation listed in this document will be published
subsequently in the Order.

Availability and Summary of Documents for Incorporation by Reference

    This document amends FAA Order 7400.11E, Airspace Designations and
Reporting Points, dated July 21, 2020, and effective September 15,
2020. FAA Order 7400.11E is publicly available as listed in the
ADDRESSES section of this document. FAA Order 7400.11E lists Class A,
B, C, D, and E airspace areas, air traffic service routes, and
reporting points.

The Rule

    This amendment to Title 14 Code of Federal Regulations (14 CFR)
part 71 establishes Class E airspace, extending upward from 700 feet
above the surface, at Granby-Grand County Airport. This airspace area
is described as follows: That airspace extending upward from 700 feet
above the surface within a 3.5-mile radius of the airport, and within
2.2 miles north and 1.6 miles south of

the 110[deg] bearing from the airport, extending from the 3.5-mile
radius to 4.7 miles east of the airport, and within 2.1 miles north and
2.4 miles south of the 276[deg] bearing from the airport, extending
from the 3.5-mile radius to 4.3 miles west of the Granby-Grand County
Airport.
    FAA Order 7400.11, Airspace Designations and Reporting Points, is
published yearly and effective on September 15.

Regulatory Notices and Analyses

    The FAA has determined that this regulation only involves an
established body of technical regulations for which frequent and
routine amendments are necessary to keep them operationally current, is
non-controversial, and unlikely to result in adverse or negative
comments. It, therefore: (1) Is not a ``significant regulatory action''
under Executive Order 12866; (2) is not a ``significant rule'' under
DOT Regulatory Policies and Procedures (44 FR 11034; February 26,
1979); and (3) does not warrant preparation of a regulatory evaluation
as the anticipated impact is so minimal. Since this is a routine matter
that will only affect air traffic procedures and air navigation, it is
certified that this rule, when promulgated, would not have a
significant economic impact on a substantial number of small entities
under the criteria of the Regulatory Flexibility Act.

Environmental Review

    The FAA has determined that this action qualifies for categorical
exclusion under the National Environmental Policy Act in accordance
with FAA Order 1050.1F, ``Environmental Impacts: Policies and
Procedures,'' paragraph 5-6.5a. This airspace action is not expected to
cause any potentially significant environmental impacts, and no
extraordinary circumstances exist that warrant preparation of an
environmental assessment.

List of Subjects in 14 CFR Part 71

    Airspace, Incorporation by reference, Navigation (air).

Adoption of the Amendment

    In consideration of the foregoing, the Federal Aviation
Administration amends 14 CFR part 71 as follows:

PART 71--DESIGNATION OF CLASS A, B, C, D, AND E AIRSPACE AREAS; AIR
TRAFFIC SERVICE ROUTES; AND REPORTING POINTS

0
1. The authority citation for 14 CFR part 71 continues to read as
follows:

    Authority: 49 U.S.C. 106(f), 106(g), 40103, 40113, 40120; E.O.
10854, 24 FR 9565, 3 CFR, 1959-1963 Comp., p. 389.

Sec.  71.1  [Amended]

0
2. The incorporation by reference in 14 CFR 71.1 of FAA Order 7400.11E,
Airspace Designations and Reporting Points, dated July 21, 2020, and
effective September 15, 2020, is amended as follows:

Paragraph 6005 Class E Airspace Areas Extending Upward From 700
Feet or More Above the Surface of the Earth.

* * * * *

ANM CO E5 Granby, CO [New]

Granby-Grand County Airport, CO
    (Lat. 40[deg]05'24'' N, long. 105[deg]55'00'' W)

    That airspace extending upward from 700 feet above the surface
within a 3.5-mile radius of the airport, and within 2.2[deg] miles
north and 1.6 miles south of the 110[ordm] bearing from the airport,
extending from the 3.5-mile radius to 4.7 miles east of the airport,
and within 2.1 miles north and 2.4 miles south of the 276[deg]
bearing from the airport, extending from the 3.5-mile radius to 4.3
miles west of the Granby-Grand County Airport.

    Issued in Seattle, Washington, on September 28, 2020.
B.G. Chew,
Acting Group Manager, Operations Support Group, Western Service Center.
[FR Doc. 2020-21888 Filed 10-2-20; 8:45 am]
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