[Federal Register Volume 84, Number 34 (Wednesday, February 20, 2019)]
[Notices]
[Pages 5129-5132]
[FR Doc No: 2019-02735]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-85129; File No. SR-OCC-2018-015]

Self-Regulatory Organizations; The Options Clearing Corporation;
Order Approving Proposed Rule Change, as Modified by Partial Amendment
No. 1, Concerning Changes to The Options Clearing Corporation's
Management Structure

February 13, 2019.
    On December 20, 2018, The Options Clearing Corporation (``OCC'')
filed with the Securities and Exchange Commission (``Commission'') the
proposed rule change SR-OCC-2018-015 (``Proposed Rule Change'')
pursuant to Section 19(b) of the Securities Exchange Act of 1934
(``Exchange Act'') \1\ and Rule 19b-4 \2\ thereunder. The Proposed Rule
Change was published for comment in the Federal Register on December
31, 2018,\3\ and the Commission has received no comments in response.
On February 1, 2019, OCC filed a partial amendment (``Partial Amendment
No. 1'') to the Proposed Rule Change.\4\ This order approves the
Proposed Rule Change, as modified by Partial Amendment No. 1.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 84939 (Dec. 21, 2018),
83 FR 67762 (Dec. 31, 2018) (SR-OCC-2018-015) (``Notice'').
    \4\ In Partial Amendment No. 1, OCC corrected an error in
Exhibit 5 without changing the substance of the Proposed Rule
Change. Partial Amendment No. 1 is not subject to notice and comment
because it does not materially alter the substance of the Proposed
Rule Change or raise any novel regulatory issues. References to the
Proposed Rule Change from this point forward refer to the Proposed
Rule Change, as amended by Partial Amendment No. 1.
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I. Description of the Proposed Rule Change 5
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    \5\ All terms with initial capitalization that are not otherwise
defined herein have the same meaning as set forth in the OCC By-Laws
and Rules. OCC's By-Laws and Rules can be found on OCC's public
website: http://optionsclearing.com/about/publications/bylaws.jsp.
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    OCC proposes to change its By-Laws, Rules, Board Charter, and
certain Board-committee charters to (1) separate the roles of Executive
Chairman and Chief Executive Officer (``CEO'') and reallocate authority
and responsibilities between the two roles; (2) remove the requirement
from OCC's By-Laws that the Board of Directors (``Board'') elect a
Chief Administrative Officer (``CAO'') and delete the references to a
CAO throughout OCC's By-Laws, Rules, and charters; and (3) provide
additional flexibility regarding the Management Director seat on the
Board, including providing that such a director is not required.
According to OCC, the purpose of the Proposed Rule Change would be to
re-establish the separation of the Executive Chairman and CEO roles and
to implement additional organizational changes to OCC's governance
structure, including providing additional flexibility to the Management
Director on the Board and removing the requirement that the Board elect
a CAO, that the Board has concluded would benefit OCC's operation and,
consequently, OCC's ability to serve Clearing Members and the markets
for which it clears and settles transactions.\6\
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    \6\ See Notice, 83 FR at 67763.
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A. Separation of Roles of Executive Chairman and CEO

    Currently, the Executive Chairman of OCC's Board also serves as
OCC's CEO.\7\ OCC stated that, at the time that it adopted this
structure in 2017,

combining the roles of Executive Chairman and CEO was part of a package
of governance changes that OCC's Board concluded represented
enhancements to OCC's leadership structure that would promote more
efficient management and operations.\8\ Since the adoption of the
current structure, OCC has new members of its senior management team,
including its current Chief Security Officer and Chief Information
Officer.\9\ As a result, OCC believes it is now well positioned to
again separate the roles of Executive Chairman and CEO in its
management structure.\10\
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    \7\ See OCC By-Laws, Art. IV, Sec. 6(a).
    \8\ See Notice, 83 FR at 67763. See also Exchange Act Release
No. 80168 (Mar. 7, 2017), 82 FR 13522 (Mar. 13, 2017) (Notice of
Filing of a Proposed Rule Change concerning changes to OCC's
management structure); Securities Exchange Act Release No. 80531
(Apr. 26, 2017), 82 FR 20502 (May 2, 2017) (SR-OCC-2017-002).
    \9\ OCC also installed a number of other senior executives in
the period leading up to the adoption of its current management
structure, including its current Chief Administrative Officer, head
of government relations, Chief Compliance Officer (``CCO''), Chief
Financial Officer, and President and Chief Operating Officer.
    \10\ See Notice, 83 FR at 67764.
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    According to OCC, providing for separate Executive Chairman and CEO
roles would add a counterbalance in the management and oversight of
OCC.\11\ Currently, OCC's Executive Chairman and CEO is responsible for
the control functions of OCC, including enterprise risk management,
internal audit and compliance, and external affairs, and has
supervision over the officers and agents he appoints.\12\ The Executive
Chairman, as CEO, is also ``an officer responsible for all aspects of
[OCC's] business and . . . its day to day affairs.'' \13\ Under the
Proposed Rule Change, the Executive Chairman would be less involved in
day-to-day management decisions of the type more typically made by an
executive but would retain his or her role vis-[agrave]-vis the
Board.\14\ In addition, the Executive Chairman would retain
responsibility over internal audit, public affairs, and government
relations. The CEO would be responsible for all aspects of OCC's
business and of its day-to-day affairs, including enterprise risk
management and compliance, and would be responsible for all aspects of
the business of the Corporation that do not report directly to the
Executive Chairman. The Chief Operations Officer (``COO'') would
administer the day-to-day affairs and business of the Corporation in
accordance with the directions of the CEO.
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    \11\ See id. OCC further represented that the separation of
these roles would enable the Executive Chairman to serve an advisory
role in assisting the CEO with strategic plan development as well as
management succession planning by assisting in developing, coaching
and mentoring members of the senior management team in a separate
capacity than that of the CEO. See id.
    \12\ See OCC By-Laws, Art. IV, Sec. 6(a).
    \13\ Id.
    \14\ Because the Executive Chairman would be less involved in
day-to-day operational issues, the Proposed Rule Change would remove
the requirement that the Executive Chairman must be selected from
``among the full-time employees of OCC'' to require only that the
Executive Chairman be selected from ``among the employees of OCC.''
This amendment would allow the Executive Chairman to be a part-time
employee.
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    There are numerous provisions throughout OCC's By-Laws and Rules
that the Proposed Rule Change would amend to change the list of
officers authorized to act under the relevant provision. In some
instances, the Executive Chairman will continue to be listed as an
authorized individual; in other instances, the reference to the
Executive Chairman would be replaced by the CEO. The Proposed Rule
Change would replace references to the Executive Chairman with
references to the CEO in those provisions that generally involve
routine day-to-day business decisions or are, by their terms,
temporary.\15\ The Proposed Rule Change would add references to the
CEO, but not remove references to the Executive Chairman, in those
provisions that primarily involve emergency or other exigent
circumstances, determinations around OCC's management structure, and
other activities generally outside of OCC's day-to-day activities
(e.g., signing OCC share certificates).\16\ OCC stated that the purpose
of referencing both the Executive Chairman and CEO in such provisions
would be to provide management the capacity to carry out OCC's affairs
in such circumstances even if a particular officer is absent or is
otherwise unable to perform his or her duties.\17\ Because, as
described below, OCC has proposed removing the role of CAO, the
Proposed Rule Change would remove the CAO from the list of officers
authorized to act under each relevant provision.
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    \15\ See Notice, 83 FR at 67765 (providing the full list of
provisions that would no longer reference the Executive Chairman).
    \16\ See id. (providing the full list of provisions that would
include a reference to the CEO).
    \17\ See id.
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B. Removal of the Role of CAO

    OCC's rules currently require the Board to elect a CAO.\18\ This
requirement was created in 2017 at the same time as the combining of
the Executive Chairman and CEO roles and the removal of the role of the
President.\19\ At that time, OCC stated that the CAO role was created
for the purpose of distributing the responsibilities of the President
and to provide flexibility to help ensure that responsibility is not
concentrated in any one officer.\20\ OCC believes that, with the
separation of the Executive Chairman and CEO roles, the role of CAO is
no longer necessary to ensure flexibility.\21\ The Proposed Rule Change
would eliminate the requirement for the Board to elect a CAO and would
remove related references to the CAO.\22\ Where the removal of
reference to the CAO reduces the number of individuals authorized to
take some action under OCC's rules to two, the Proposed Rule Change
would provide for the delegation of authority by the CEO and COO to a
Designated Officer \23\ in the event that the CEO and COO are both
unavailable. OCC believes delegation in these instances to senior
officers of the Corporation is appropriate to ensure that the authority
can be exercised if necessary in the event the CEO and COO are both
unavailable.\24\
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    \18\ See OCC By-Laws, Art. IV, Sec. 8.
    \19\ See Securities Exchange Act Release No. 80531 (Apr. 26,
2017), 82 FR 20502, 20503 (May 2, 2017) (SR-OCC-2017-002).
    \20\ See id.
    \21\ See Notice, 83 FR at 67765-66.
    \22\ OCC's Board would retain authority under the existing By-
Laws to ``elect one or more Vice Presidents or such other officers
as it may from time to time determine are required for the efficient
management and operation of the Corporation.'' See OCC By-Laws, Art.
IV, Sec. 1.
    \23\ See OCC By-Laws, Art. I, Sec. D(8). A Designated Officer
must be of the rank of Senior Vice President or higher. See id.
    \24\ See Notice, 83 FR at 67766.
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C. Changes to the Role of Management Director

    OCC's rules currently require that the Board include a Management
Director, and that the Executive Chairman be elected to fill that
position.\25\ The Proposed Rule Change would remove the following
requirements: (1) That the Board include a Management Director; and (2)
that the Executive Chairman serve as Management Director. OCC believes
that these changes would create more flexibility for filling the role
of Management Director and could more easily accommodate potential
future scenarios, for example, if the Management Director seat shifts
from the Executive Chairman to the CEO.\26\
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    \25\ See OCC By-Laws, Art. III, Sec. 1.
    \26\ See Notice, 83 FR at 67766.
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D. Conforming Changes

    The positions of Executive Chairman, CEO, CAO, and Management
Director are referenced throughout OCC's governing documents.
Consistent with

the changes described above that would impact OCC's By-Laws and Rules,
the Proposed Rule Change would make certain conforming amendments to
the following charters: (1) Board Charter; (2) Audit Committee Charter
(``AC Charter''); (3) Compensation and Performance Committee Charter
(``CPC Charter''); (4) Governance and Nominating Committee Charter
(``GNC Charter''); and (5) Risk Committee Charter (``RC Charter'').\27\
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    \27\ In its proposal, OCC noted that the Technology Committee
Charter required no amendment. See Notice, 83 FR at 67766, n. 31.
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    The Proposed Rule Change would generally make amendments to reflect
the separation of those roles and the revised duties of each role
pursuant to the amendments described above in the Board Charter, AC
Charter, CPC Charter, GNC Charter, and RC Charter. Additionally, the
Proposed Rule Change would amend the Board Charter to remove the CEO's
role in certain Board matters due to the CEO position no longer being
linked to the position of Executive Chairman. The Proposed Rule Change
would amend the AC Charter as follows: (1) The CCO would report
administratively to the CEO and functionally to the Audit Committee;
(2) the Chief Audit Executive (``CAE'') would report administratively
to the Executive Chairman and functionally to the Audit Committee; (3)
the Audit Committee would consult the CEO in reviewing the performance
of the Compliance function and the CCO; (4) the Audit Committee would
consult the Executive Chairman in reviewing the performance of the
Internal Audit function and the CAE. The Proposed Rule Change would
amend the RC Charter to reflect that OCC's Chief Risk Officer would
report administratively to the CEO and functionally to the Risk
Committee.
    The Proposed Rule Change would remove the references to the CAO
from the Board Charter and CPC Charter. The Proposed Rule Change would
also conform the description of the Management Director in the Board
Charter to the changes described above.

II. Discussion and Commission Findings

    Section 19(b)(2)(C) of the Exchange Act directs the Commission to
approve a proposed rule change of a self-regulatory organization if it
finds that such proposed rule change is consistent with the
requirements of the Exchange Act and the rules and regulations
thereunder applicable to such organization.\28\ After carefully
considering the Proposed Rule Change, the Commission finds the proposal
is consistent with the requirements of the Exchange Act and the rules
and regulations thereunder applicable to OCC. More specifically, the
Commission finds that the proposal is consistent with Section
17A(b)(3)(A) of the Exchange Act \29\ and Rule 17Ad-22(e)(2)
thereunder.\30\
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    \28\ 15 U.S.C. 78s(b)(2)(C).
    \29\ 15 U.S.C. 78q-1(b)(3)(A).
    \30\ 17 CFR 240.17Ad-22(e)(2).
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A. Consistency With Section 17A(b)(3)(A) of the Exchange Act

    Section 17A(b)(3)(A) of the Act requires, among other things, that
a clearing agency is so organized and has the capacity to be able to
facilitate the prompt and accurate clearance and settlement of
securities transactions and derivatives agreements, contracts, and
transactions for which it is responsible, safeguard securities and
funds in its custody or control or for which it is responsible, and to
comply with the provisions of Section 17A of the Exchange Act and the
rules and regulations thereunder.\31\
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    \31\ 15 U.S.C. 78q-1(b)(3)(A).
---------------------------------------------------------------------------

    As described above, the Proposed Rule Change would amend OCC's
senior leadership structure. The Proposed Rule Change would provide a
balance between the groups involved in the management and oversight of
OCC by separating the roles of Executive Chairman and CEO. The
Commission believes that such a balance would support the Board's
ability to engage with and challenge decisions by management.
    The Proposed Rule Change would remove the requirement for OCC's
Board to elect a CAO, which would also reduce the number of individuals
authorized to act in certain situations. The separation of the roles of
Executive Chairman and CEO would, however, account for the removal of
the role of CAO in some instances, and the authority to delegate
authority to Designated Officers, as described above, would account for
the removal in other instances. The Commission believes that these
structure changes, taken together with the removal of the role of CAO,
would maintain OCC's current capacity to address both day-to-day and
exigent circumstances as they arise.
    As described above, the Proposed Rule Change would continue to
allow for a Management Director, but would remove the requirements that
there be a Management Director and that such a Management Director be
the same person as the Executive Chairman. These changes would provide
flexibility for filling the role of Management Director under potential
future scenarios. The Commission believes that providing additional
flexibility for filling the role of Management Director would support
the functioning of OCC's Board in the future. Accordingly, based on the
foregoing, the Commission believes that the Proposed Rule Change is
consistent with the organizational and capacity requirements of Section
17A(b)(3)(A) of the Exchange Act.\32\
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    \32\ Id.
---------------------------------------------------------------------------

B. Consistency With Rule 17Ad-22(e)(2) Under the Exchange Act

    Rule 17Ad-22(e)(2) under the Exchange Act requires, among other
things, that a covered clearing agency establish, implement, maintain,
and enforce written policies and procedures reasonably designed to
provide for governance arrangements that meet certain criteria.\33\
Rule 17Ad-22(e)(2)(i) under the Exchange Act requires that such
governance arrangements are clear and transparent.\34\ Further, Rule
17Ad-22(e)(2)(v) under the Exchange Act requires that such governance
arrangements specify clear and direct lines of responsibility.\35\
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    \33\ 17 CFR 240.17Ad-22(e)(2).
    \34\ 17 CFR 240.17Ad-22(e)(2)(i).
    \35\ 17 CFR 240.17Ad-22(e)(2)(v).
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    As described above, the Proposed Rule Change would separate the
roles of Executive Chairman and CEO and remove the role of CAO. The
Commission believes that separating the roles of Executive Chairman and
CEO would promote clarity in each of the separate roles by removing any
potential overlap. The Proposed Rule Change would also clarify the
reporting lines of the function and members of senior management as
described above (e.g., the CAE would report to the Executive Chairman
and the CCO would report to the CEO). Further, the Proposed Rule Change
would not alter the direct reporting of members of senior management,
such as the CAE, CCO, and CRO, to the Board and its committees. The
Commission believes that these changes provide increased clarity around
the reporting lines of these members of senior management. Accordingly,
based on the foregoing, the Commission believes that the proposed
changes pertaining to the assignment of responsibilities and reporting
are consistent with Exchange Act Rule 17Ad-22(e)(2).\36\
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    \36\ 17 CFR 240.17Ad-22(e)(2).
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III. Conclusion

    On the basis of the foregoing, the Commission finds that the
Proposed

Rule Change is consistent with the requirements of the Exchange Act,
and in particular, the requirements of Section 17A of the Exchange Act
\37\ and the rules and regulations thereunder.
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    \37\ In approving this Proposed Rule Change, the Commission has
considered the proposed rules' impact on efficiency, competition,
and capital formation. See 15 U.S.C. 78c(f).
---------------------------------------------------------------------------

    It is therefore ordered, pursuant to Section 19(b)(2) of the
Exchange Act,\38\ that the Proposed Rule Change (SR-OCC-2018-015), as
modified by Partial Amendment No. 1, be, and hereby is, approved.
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    \38\ 15 U.S.C. 78s(b)(2).
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    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\39\
Eduardo A. Aleman,
Deputy Secretary.
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    \39\ 17 CFR 200.30-3(a)(12).
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[FR Doc. 2019-02735 Filed 2-19-19; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register Volume 86, Number 150 (Monday, August 9, 2021)]
[Notices]
[Pages 43537-43538]
[FR Doc No: 2021-16921]

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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: EC21-110-000.
    Applicants: Hatch Solar Energy Center I, LLC, High Winds, LLC,
Oliver Wind III, LLC, Osborn Wind Energy, LLC, NEP US SellCo, LLC, NEP
US SellCo II, LLC, NextEra Energy Partners Acquisitions, LLC.
    Description: Application for Authorization Under Section 203 of the
Federal Power Act of Hatch Solar Energy Center I LLC, et al.
    Filed Date: 7/30/21.
    Accession Number: 20210730-5305.
    Comments Due: 5 p.m. ET 8/20/21.

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

    Docket Numbers: ER18-1587-001.
    Applicants: Tyr Energy, LLC.
    Description: Compliance filing: Notification of Change in Status to
be effective 10/4/2021.
    Filed Date: 8/2/21.
    Accession Number: 20210802-5104.
    Comments Due: 5 p.m. ET 8/23/21.

    Docket Numbers: ER20-807-001; ER20-2176-001; ER20-2177-001.

    Applicants: LA3 West Baton Rouge, LLC, Helios 5 MT, LLC, Ruff Solar
LLC.
    Description: Notice of Change in Status of Ruff Solar LLC, et al.
    Filed Date: 8/2/21.
    Accession Number: 20210802-5124.
    Comments Due: 5 p.m. ET 8/23/21.

    Docket Numbers: ER21-2593-000.
    Applicants: California Independent System Operator Corporation.
    Description: Sec.  205(d) Rate Filing: 2021-08-03 EIM Baseline
Schedules to be effective 12/31/9998.
    Filed Date: 8/3/21.
    Accession Number: 20210803-5036.
    Comments Due: 5 p.m. ET 8/24/21.

    Docket Numbers: ER21-2594-000.
    Applicants: Alabama Power Company.
    Description: Tariff Cancellation: Tri-State II Solar Project LGIA
Termination Filing to be effective 8/3/2021.
    Filed Date: 8/3/21.
    Accession Number: 20210803-5054.
    Comments Due: 5 p.m. ET 8/24/21.

    Docket Numbers: ER21-2595-000.
    Applicants: Alabama Power Company.
    Description: Sec.  205(d) Rate Filing: Paisley Solar Energy
(Washington Solar) LGIA Filing to be effective 7/20/2021.
    Filed Date: 8/3/21.
    Accession Number: 20210803-5055.
    Comments Due: 5 p.m. ET 8/24/21.

    Docket Numbers: ER21-2596-000.
    Applicants: Alabama Power Company.
    Description: Sec.  205(d) Rate Filing: Morven Solar LGIA Filing to
be effective 7/20/2021.
    Filed Date: 8/3/21.
    Accession Number: 20210803-5056.
    Comments Due: 5 p.m. ET 8/24/21.

    Docket Numbers: ER21-2597-000.
    Applicants: Rockhaven Wind Project, LLC.
    Description: Baseline eTariff Filing: Rockhaven Wind Project, LLC
MBR Tariff to be effective 8/4/2021.
    Filed Date: 8/3/21.
    Accession Number: 20210803-5058.
    Comments Due: 5 p.m. ET 8/24/21.

    Docket Numbers: ER21-2598-000.
    Applicants: NorthWestern Corporation.
    Description: NorthWestern Corporation submits Average System Cost
Filing for Sales of Electric Power to the Bonneville Power
Administration, FY 2022-2023.
    Filed Date: 8/3/21.
    Accession Number: 20210803-5062.
    Comments Due: 5 p.m. ET 8/24/21.

    Docket Numbers: ER21-2599-000.
    Applicants: Alabama Power Company.
    Description: Sec.  205(d) Rate Filing: Marble Solar Energy (Monroe
Solar) LGIA Filing to be effective 7/20/2021.
    Filed Date: 8/3/21.
    Accession Number: 20210803-5063.
    Comments Due: 5 p.m. ET 8/24/21.

    Docket Numbers: ER21-2600-000.
    Applicants: Southwest Power Pool, Inc.
    Description: Sec.  205(d) Rate Filing: L and O Power Cooperative
Formula Rate to be effective 10/1/2021.
    Filed Date: 8/3/21.
    Accession Number: 20210803-5064.
    Comments Due: 5 p.m. ET 8/24/21.

    Docket Numbers: ER21-2601-000.
    Applicants: Midcontinent Independent System Operator, Inc.,
American Transmission Company LLC.
    Description: Sec.  205(d) Rate Filing: 2021-08-03_ATC Regulatory
Liability Filing to be effective 1/1/2022.
    Filed Date: 8/3/21.
    Accession Number: 20210803-5067.
    Comments Due: 5 p.m. ET 8/24/21.

    Docket Numbers: ER21-2602-000.
    Applicants: Midcontinent Independent System Operator, Inc., Otter
Tail Power Company.
    Description: Sec.  205(d) Rate Filing: 2021-08-03_SA 3679 OTP-EDF
Renewables E&P (J1456) to be effective 7/29/2021.
    Filed Date: 8/3/21.
    Accession Number: 20210803-5070.
    Comments Due: 5 p.m. ET 8/24/21.

    Docket Numbers: ER21-2603-000.
    Applicants: Tri-State Generation and Transmission Association, Inc.
    Description: Sec.  205(d) Rate Filing: Initial Filing of Rate
Schedule FERC No. 334 to be effective 8/4/2021.
    Filed Date: 8/3/21.
    Accession Number: 20210803-5076.
    Comments Due: 5 p.m. ET 8/24/21.

    Docket Numbers: ER21-2604-000.
    Applicants: Tri-State Generation and Transmission Association, Inc.
    Description: Tariff Cancellation: Notice of Cancellation of Rate
Schedule FERC No. 311 to be effective 8/4/2021.
    Filed Date: 8/3/21.
    Accession Number: 20210803-5079.
    Comments Due: 5 p.m. ET 8/24/21.

    The filings are accessible in the Commission's eLibrary system
(https://elibrary.ferc.gov/idmws/search/fercgensearch.asp) by 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: August 3, 2021.
Debbie-Anne A. Reese,
Deputy Secretary.
[FR Doc. 2021-16921 Filed 8-6-21; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 80, Number 81 (Tuesday, April 28, 2015)]
[Notices]
[Pages 23523-23524]
[FR Doc No: 2015-09808]

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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: EC15-127-000.
    Applicants: Calpine Greenleaf, Inc.
    Description: Application For Approval Under Section 203 of the
Federal Power Act and Request for Expedited Action of Calpine
Greenleaf, Inc.
    Filed Date: 4/21/15.
    Accession Number: 20150421-5235.
    Comments Due: 5 p.m. ET 5/12/15.

    Take notice that the Commission received the following exempt
wholesale generator filings:

    Docket Numbers: EG15-71-000.
    Applicants: Seville Solar One LLC.
    Description: Notice of Self-Certification of EWG Status of Seville
Solar One LLC.
    Filed Date: 4/21/15.
    Accession Number: 20150421-5258.
    Comments Due: 5 p.m. ET 5/12/15.

    Docket Numbers: EG15-72-000.
    Applicants: Tallbear Seville LLC.
    Description: Notice of Self-Certification of EWG Status of Tallbear
Seville LLC.
    Filed Date: 4/21/15.
    Accession Number: 20150421-5259.
    Comments Due: 5 p.m. ET 5/12/15.

    Docket Numbers: EG15-73-000.
    Applicants: Garrison Energy Center LLC.
    Description: Notice of Self-Certification of Exempt Wholesale
Generator Status of Garrison Energy Center LLC.
    Filed Date: 4/22/15.
    Accession Number: 20150422-5172.
    Comments Due: 5 p.m. ET 5/13/15.

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

    Docket Numbers: ER11-4505-001; ER11-4506-001.
    Applicants: Backyard Farms Energy LLC, Devonshire Energy LLC.
    Description: Notification of Change in Status of Backyard Farms
Energy LLC and Devonshire Energy LLC.
    Filed Date: 4/22/15.
    Accession Number: 20150422-5161.
    Comments Due: 5 p.m. ET 5/13/15.

    Docket Numbers: ER15-523-002.
    Applicants: Duke Energy Florida, Inc., Duke Energy Progress, Inc.,
Duke Energy Carolinas, LLC.
    Description: Compliance filing per 35: Compliance Filing Lottery to
be effective 6/1/2015.
    Filed Date: 4/22/15.
    Accession Number: 20150422-5241.
    Comments Due: 5 p.m. ET 5/13/15.

    Docket Numbers: ER15-1547-000.
    Applicants: PJM Interconnection, L.L.C.
    Description: Section 205(d) rate filing per 35.13(a)(2)(iii): 1st
Quarter 2015 Updates to OA/RAA Membership Lists to be effective 3/31/
2015.
    Filed Date: 4/22/15.
    Accession Number: 20150422-5242.
    Comments Due: 5 p.m. ET 5/13/15.

    Docket Numbers: ER15-1548-000.
    Applicants: Central Maine Power Company.
    Description: Tariff Withdrawal per 35.15: Notice of Cancellation of
Service Agreement No. 158 (CSIA) to be effective 4/14/2015.
    Filed Date: 4/22/15.
    Accession Number: 20150422-5265.
    Comments Due: 5 p.m. ET 5/13/15.

    Take notice that the Commission received the following qualifying
facility filings:

    Docket Numbers: QF14-682-000.
    Applicants: President and Fellows of Harvard College.
    Description: Refund Report of President and Fellows of Harvard
College.
    Filed Date: 4/21/15.
    Accession Number: 20150421-5174.
    Comments Due: 5 p.m. ET 5/12/15.

    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: April 22, 2015.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2015-09808 Filed 4-27-15; 8:45 am]
 BILLING CODE 6717-01-P


[Federal Register Volume 85, Number 196 (Thursday, October 8, 2020)]
[Notices]
[Pages 63566-63567]
[FR Doc No: 2020-22304]

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DEPARTMENT OF HOMELAND SECURITY

Coast Guard

[Docket No. USCG-2010-0164]

National Boating Safety Advisory Council; Nov 2020 Teleconference

AGENCY:  U.S. Coast Guard, Department of Homeland Security.

ACTION: Notice of Federal Advisory Committee teleconference meeting.

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SUMMARY: The National Boating Safety Advisory Council (Council) and its
subcommittees will meet via teleconference to discuss matters relating
to recreational boating safety. The meeting will be open to the public.

DATES:
    Meeting: The National Boating Safety Advisory Council and its
subcommittees will meet by teleconference on Thursday, November 5, 2020
from 12:00 p.m. until 4:00 p.m., (Eastern Daylight Time). The
teleconference may adjourn early if the Council has completed its
business.
    Comments and supporting documentation: To ensure your comments are
received by Council members before the teleconference, submit your
written comments no later than October 22, 2020.

ADDRESSES: To join the teleconference or to request special
accommodations, contact the individual listed in the FOR FURTHER
INFORMATION CONTACT section no later than 1 p.m. on October 22, 2020,
to obtain the needed information. The number of teleconferences lines
is limited and will be available on a first-come, first-served basis.
    Instructions: You are free to submit comments at any time,
including orally at the teleconference as time permits, but if you want
Council members to review your comments before the teleconference,
please submit your comments no later than October 22, 2020. We are
particularly interested in comments on the issues in the ``Agenda''
section below. We encourage you to submit comments through the Federal
eRulemaking Portal at https://www.regulations.gov. If your material
cannot be submitted using https://www.regulations.gov, call or email
the individual in the FOR FURTHER INFORMATION CONTACT section of this
document for alternate instructions. You must include the docket number
[USCG-2010-0164]. Comments received will be posted without alteration
at http://www.regulations.gov, including any personal information
provided. For more about privacy and submissions in response to this
document, see DHS's eRulemaking System of Records notice (85 FR 14226,
March 11, 2020). If you encounter technical difficulties with comment
submission, contact the individual listed in the FOR FURTHER
INFORMATION CONTACT section of this notice.
    Docket Search: Documents mentioned in this notice as being
available in the docket, and all public comments, will be in our online
docket at https://www.regulations.gov and can be viewed by following
that website's instructions. Additionally, if you go to the online
docket and sign-up for email alerts, you will be notified when comments
are posted.

FOR FURTHER INFORMATION CONTACT: Mr. Jeff Decker, Alternate Designated
Federal Officer of the National Boating Safety Advisory Council, 2703
Martin Luther King Jr. Ave. SE, Stop 7509, Washington, DC 20593-7509,
telephone<PHONE_NUMBER> or<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION: Notice of this meeting is given pursuant to
the Federal Advisory Committee Act, (5 U.S.C, Appendix). Congress
established the National Boating Safety Advisory Council in the Federal
Boat Safety Act of 1971 (Pub. L. 92-75). The National Boating Safety
Advisory Council

provides advice and recommendations to the Department of Homeland
Security on matters relating to recreational vessels and associated
equipment and on other safety matters related to recreational vessels.

Agenda

    The agenda for the National Boating Safety Advisory Council meeting
is as follows:

Thursday, November 5, 2020

(1) Call to Order.
(2) Opening remarks.
(3) National Boating Safety Advisory Council Prevention Through People
Subcommittee report on exemption from carriage of throwable personal
flotation devices requirement for rafts/vessels 16 feet or more in
length.
(4) Receipt and discussion of the following reports from the Office of
Auxiliary and Boating Safety:
    (a) Strategic Planning.
    (b) Recreational Boating Regulations Status Report.
    (c) Current Grants Update and Areas of Interest for 2021.
    (d) Discussion of ``Fact Sheets'' to be developed from the National
Recreational Boating Safety Survey.
    (e) Recap of National Boating Safety Advisory Council resolutions.
(5) Challenges and Issues with Boat Wakes.
(6) Public Comment.
(7) Effects of COVID-19 on recreational boating safety.
(8) Recognitions.
(9) Closing remarks/plans for next meeting under new Committee.
(7) Adjournment of meeting.

    A copy of all meeting documentation will be available at https://homeport.uscg.mil/missions/ports-and-waterways/safety-advisory-committees/nbsac no later than October 22, 2020. Alternatively, you may
contact Mr. Jeff Decker as noted in the FOR FURTHER INFORMATION CONTACT
section above.
    During the November 5, 2020 teleconference, a public comment period
will be held from approximately 2:05 p.m.-2:20 p.m. Public comments
will be limited to two minutes per speaker. Please note that the public
comment periods will end following the last call for comments.
    Please contact the individual listed in the FOR FURTHER INFORMATION
CONTACT section, to register as a speaker.

    Dated: October 2, 2020.
Wayne R. Arguin, Jr.,
Captain, U.S. Coast Guard, Director of Inspections and Compliance.
[FR Doc. 2020-22304 Filed 10-7-20; 8:45 am]
BILLING CODE 9110-04-P


[Federal Register Volume 78, Number 161 (Tuesday, August 20, 2013)]
[Notices]
[Pages 51240-51242]
[FR Doc No: 2013-20193]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-70189; File No. SR-BATS-2013-041]

Self-Regulatory Organizations; BATS Exchange, Inc.; Notice of
Filing and Immediate Effectiveness of Proposed Rule Change To Eliminate
Rules Related to CYCLE Routing

August 14, 2013.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given
that on August 1, 2013, BATS Exchange, Inc. (the ``Exchange'' or
``BATS'') filed with the Securities and Exchange Commission
(``Commission'') the proposed rule change as described in Items I and
II below, which Items have been prepared by the Exchange. The Exchange
has designated this proposal as a ``non-controversial'' proposed rule
change pursuant to Section 19(b)(3)(A) of the Act \3\ and Rule 19b-
4(f)(6)(iii) thereunder,\4\ which renders it effective upon filing with
the Commission. The Commission is publishing this notice to solicit
comments on the proposed rule change from interested persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ 15 U.S.C. 78s(b)(3)(A).
    \4\ 17 CFR 240.19b-4(f)(6)(iii).

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I. Self-Regulatory Organization's Statement of the Terms of the
Substance of the Proposed Rule Change

    The Exchange filed a proposal to eliminate Rules 11.13(a)(3)(A) and
21.9(a)(2)(A), which are the provisions that authorize the CYCLE
Routing option, effective as of September 3, 2013.
    The text of the proposed rule change is available at the Exchange's
Web site at http://www.batstrading.com, at the principal office of the
Exchange, and at the Commission's Public Reference Room.

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

    In its filing with the Commission, the Exchange included statements
concerning the purpose of and basis for the proposed rule change and
discussed any comments it received on the proposed rule change. The
text of these statements may be examined at the places specified in
Item IV below. The Exchange has prepared summaries, set forth in
Sections A, B, and C below, of the most significant parts of such
statements.

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

1. Purpose
    The Exchange is proposing to eliminate Rules 11.13(a)(3)(A) and
21.9(a)(2)(A), which are the provisions that authorize the CYCLE
Routing option on the Exchange's equities platform (``BATS Equities'')
and options platform (``BATS Options''). Few participants currently
utilize the CYCLE Routing Option, and the Exchange is planning to
decommission the functionality as of September 3, 2013. Therefore, the
Exchange proposes this rule change to delete the language that
authorizes this capability from its rules and hold the rule number in
reserve.
2. Statutory Basis
    The Exchange believes that its proposal is consistent with the
requirements of the Act and the rules and regulations thereunder that
are applicable to a national securities exchange, and, in particular,
with the requirements of Section 6(b) of the Act.\5\ Specifically, the
proposal is consistent with Section 6(b)(5) of the Act,\6\ which
requires exchange rules to promote just and equitable principles of
trade, remove impediments to, and perfect the mechanism of, a free and
open market and a national market system, and, in general, protect
investors and the public interest. The Exchange believes the proposed
rule changes fulfill these requirements because they eliminate language
authorizing a functionality that the Exchange plans to decommission as
of September 3, 2013. By removing reference to this soon-to-be retired
functionality, the Exchange will avoid investor confusion.
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    \5\ 15 U.S.C. 78f(b).
    \6\ 15 U.S.C. 78f(b)(5).
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B. Self-Regulatory Organization's Statement on Burden on Competition

    BATS believes the proposal is consistent with Section 6(b)(8) of
the Act \7\ in that it does not impose any burden on competition that
is not necessary or appropriate in furtherance of the purposes of the
Act. The proposed rule change will eliminate Rules authorizing a
functionality that will be decommissioned by the Exchange as of
September 3, 2013. Thus, reference to this functionality will no longer
serve a legitimate purpose. Accordingly, the Exchange does not believe
that the proposed rule change will have any effect on competition.
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    \7\ 15 U.S.C. 78f(b)(8).
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C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others

    The Exchange has neither solicited nor received written comments on
the proposed rule change.

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

    Because the foregoing proposed rule change does not significantly
affect the protection of investors or the public interest, does not
impose any significant burden on competition, and, by its terms, does
not become operative for 30 days from the date on which it was filed,
or such shorter time as the Commission may designate, it has become
effective pursuant to Section 19(b)(3)(A) of the Act \8\ and Rule 19b-
4(f)(6) thereunder.\9\
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    \8\ 15 U.S.C. 78s(b)(3)(A).
    \9\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)(iii)
requires the Exchange to give the Commission written notice of the
Exchange's intent to file the proposed rule change, along with a
brief description and text of the proposed rule change, at least
five business days prior to the date of filing of the proposed rule
change, or such shorter time as designated by the Commission. The
Exchange has satisfied this requirement.
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    At any time within 60 days of the filing of such proposed rule
change, the Commission summarily may temporarily suspend such rule
change if it appears to the Commission that such action is necessary or
appropriate in the public interest, for the protection of investors, or
otherwise in furtherance of the purposes of the Act.

IV. Solicitation of Comments

    Interested persons are invited to submit written data, views and
arguments concerning the foregoing, including whether the proposed rule
change is consistent with the Act. Comments may be submitted by any of
the following methods:

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to<EMAIL_ADDRESS>Please include
File Number SR-BATS-2013-041 on the subject line.

Paper Comments

     Send paper comments in triplicate to Elizabeth M. Murphy,
Secretary, Securities and Exchange Commission, 100 F Street NE.,
Washington, DC 20549.

All submissions should refer to File Number SR-BATS-2013-041. This file
number should be included on the subject line if email is used. To help
the Commission process and review your comments more efficiently,
please use only one method. The Commission will post all comments on
the Commission's Internet Web site (http://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all
written statements with respect to the proposed rule change that are
filed with the Commission, and all written communications relating to
the proposed rule change between the Commission and any person, other
than those that may be withheld from the public in accordance with the
provisions of 5 U.S.C. 552, will be available for Web site viewing and
printing in the Commission's Public Reference Room, 100 F Street NE.,
Washington, DC 20549, on official business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of such filing also will be available
for inspection and copying at the principal office of the Exchange. All
comments received will be posted without change; the Commission does
not edit personal identifying information from submissions. You should
submit only information that you wish to make available publicly. All
submissions should refer to File Number SR-BATS-2013-041 and should be
submitted on or before September 10, 2013.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
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    \10\ 17 CFR 200.30-3(a)(12).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-20193 Filed 8-19-13; 8:45 am]
BILLING CODE 8011-01-P