[Federal Register Volume 76, Number 42 (Thursday, March 3, 2011)]
[Notices]
[Pages 11845-11846]
[FR Doc No: 2011-4749]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

[Docket No. FAA-2011-0146]

Notice of Intent To Review Structure of the Aviation Rulemaking
Advisory Committee

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice and request for public comment.

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SUMMARY: The FAA is considering restructuring the Aviation Rulemaking
Advisory Committee (ARAC). This notice is to inform the public of FAA's
intent and invites the public to provide any ideas or thoughts it may
have on this matter.

DATES: Send your comments on or before April 4, 2011.

ADDRESSES: You may send comments identified by Docket Number FAA-2011-
0146 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.

SUPPLEMENTARY INFORMATION:

Background

    The Aviation Rulemaking Advisory Committee (ARAC) was established
in February 1991 to provide FAA's Administrator with industry and
public input in the form of information, advice, and recommendations to
be considered in the full range of FAA rulemaking activities. These
factors are consistent with the dictates of the Administrative
Procedures Act (APA). The exchange of ideas that occurs through the
ARAC process affords the FAA additional opportunities to obtain
firsthand information and insight from those parties who are most
affected by existing and proposed regulations.
    ARAC consists of approximately 55 member organizations selected by
the FAA as most representative of the various viewpoints of those
impacted by FAA regulations. The organizations provide a membership
fairly balanced in terms of points of view of those represented and the
functions to be performed by the committee. The committee is composed
of organizations representing air carriers, airports, flight
attendants, manufacturers, pilots, public interest and advocacy groups,
repair stations, and consumer groups. Members serve in a representative
capacity. In addition, an Executive Committee (ExCom) was formed to
provide overall administrative oversight for committee activities. The
ExCom consists of the ARAC Chair and Vice Chair, who serve as
chairperson and vice chairperson, respectively for ExCom; assistant
chairpersons representing aeronautical technical subject areas
(presently, air carrier operations, maintenance, occupant safety,
general aviation certification and operations, noise, aircraft
certification, airport certification, transport airplane and engine,
rotorcraft, and training and qualifications) with active projects only
in transport airplane and engine, and air carrier operations.
    The goal of ARAC is to assemble the strongest expertise possible to
address particular issues facing the aviation industry and traveling
public. The committee conducts its business in open deliberations in
the form of public meetings (working groups are exempted). As an
advisory body, ARAC has consistently exercised its independence and
freedom to provide the FAA recommendations that are not influenced or
predetermined by the government. Since 1998, ARAC has submitted more
than 110 documented recommendations or products to the

FAA that have contributed significantly to the agency's ability to meet
its regulatory obligations.
    In recent years, the level of effort in ARAC has been reduced to
the point that the FAA believes it may be appropriate to reorganize the
committee in order to align the structure more closely with its current
level of effort while maintaining its effectiveness. The FAA is
considering reconstituting a new ARAC that reduces the over-arching
layer of 55 members to a maximum of 25, eliminates the Executive
Committee, while continuing to achieve balance across the broad
spectrum of aviation stakeholders and interests. The FAA invites
interested persons to participate in this request for comments by
submitting written comments, data, or views. The most helpful comments
clearly explain the reason for any position.

FOR FURTHER INFORMATION CONTACT: Renee Butner, Office of Rulemaking,
ARM-24, Federal Aviation Administration, 800 Independence Ave., SW.,
Washington, DC 20591; telephone<PHONE_NUMBER>, facsimile (202) 267-
5075; e-mail<EMAIL_ADDRESS>    This notice is published pursuant to 14 CFR 11.85.

    Issued in Washington, DC, on February 28, 2011.
Pamela Hamilton-Powell,
Executive Director, Aviation Rulemaking Advisory Committee.
[FR Doc. 2011-4749 Filed 3-2-11; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 85, Number 215 (Thursday, November 5, 2020)]
[Notices]
[Pages 70705-70706]
[FR Doc No: 2020-24494]

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

Federal Aviation Administration

[Summary Notice No. SAB-2020-02]

Petition for Exemption; Summary of Petition Received; Viking Air
Limited

AGENCY: Federal Aviation Administration (FAA), Department of
Transportation (DOT).

ACTION: Notice.

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SUMMARY: This notice contains a summary of a petition seeking relief
from specified requirements of Federal Aviation Regulations. The
purpose of this notice is to improve the public's awareness of, and
participation in, the FAA's exemption process. 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 November 25, 2020.

ADDRESSES: Send comments identified by docket number FAA-2017-1016
using any of the following methods:
     Federal eRulemaking Portal: Go to http://www.regulations.gov and follow the online instructions for sending your
comments electronically.
     Mail: Send comments to Docket Operations, M-30; U.S.
Department of Transportation, 1200 New Jersey Avenue SE, Room W12-140,
West Building Ground Floor, Washington, DC 20590-0001.
     Hand Delivery or Courier: Take comments to Docket
Operations in Room W12-140 of the West Building Ground Floor at 1200
New Jersey Avenue SE, Washington, DC 20590-0001, between 9 a.m. and 5
p.m., Monday through Friday, except Federal holidays.
     Fax: Fax comments to Docket Operations at<PHONE_NUMBER>.
    Privacy: In accordance with 5 U.S.C. 553(c), DOT solicits comments
from the public to better inform its rulemaking process. DOT posts
these comments, without edit, including any personal information the
commenter provides, to http://www.regulations.gov, as described in the
system of records notice (DOT/ALL-14 FDMS), which can be reviewed at
http://www.dot.gov/privacy.
    Docket: Background documents or comments received may be read at
http://www.regulations.gov at any time. Follow the online instructions
for accessing the docket or go to the Docket Operations in Room W12-140
of the West Building Ground Floor at 1200 New Jersey Avenue SE,
Washington, DC 20590-0001, between 9 a.m. and 5 p.m., Monday through
Friday, except Federal holidays.

FOR FURTHER INFORMATION CONTACT: Paul Pellicano, AIR-691, Federal
Aviation Administration, Policy and Innovation Division, Small Airplane
Standards Branch, Aircraft Certification Service, 901 Locust, Room 301,
Kansas City, MO 64106, email<EMAIL_ADDRESS>    This notice is published pursuant to 14 CFR 11.85.

    Issued in Kansas City, MO, on October 30, 2020.
Patrick R. Mullen,
Manager, Small Airplane Standards Branch, Policy and Innovation
Division, Aircraft Certification Service.

Petition for Exemption

    Docket No.: FAA-2017-1016.
    Petitioner: Viking Air Limited.
    Section(s) of 14 CFR Affected: Special Federal Aviation Regulation
Number 23-1.
    Description of Relief Sought: Viking Air Limited (VAL) is seeking a
24-month extension to Exemption No. 17626 that exempts VAL, for a
limited time, from installing autopilot low-speed awareness on certain
DHC-6-400 airplanes. VAL states technical and logistical challenges,
including increased safety concerns and travel restrictions, in
connection with the

novel coronavirus disease 2019 (COVID-19), have delayed design and
approval of the low-speed awareness system.

[FR Doc. 2020-24494 Filed 11-4-20; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register: November 26, 2008 (Volume 73, Number 229)]
[Notices]
[Page 72098-72100]
[DOCID:fr26no08-115]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-58988; File Nos. SR-OCC-2008-18 and SR-NSCC-2008-09]

Self-Regulatory Organizations; The Options Clearing Corporation
and National Securities Clearing Corporation; Notice of Filing and
Order Granting Accelerated Approval of Proposed Rule Changes Relating
to Amendment No. 2 to the Third Amended and Restated Options Exercise
Settlement Agreement

November 20, 2008.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act''),\1\ notice is hereby given that on November 17, 2008, The
Options Clearing Corporation (``OCC'') and the National Securities
Clearing Corporation (``NSCC'') filed with the Securities and Exchange
Commission (``Commission'') the proposed rule changes described in
Items I and II, and III below, which items have been prepared primarily
by OCC and NSCC. The Commission is publishing this notice and order to
solicit comments from interested persons and to grant approval of the
proposals.
---------------------------------------------------------------------------

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

I. Self-Regulatory Organizations' Statements of the Terms of Substance
of the Proposed Rule Changes

    The proposed rule changes would amend the Third Amended and
Restated Options Exercise Settlement Agreement between OCC and NSCC as
described herein.

II. Self-Regulatory Organizations' Statements of the Purpose of, and
Statutory Basis for, the Proposed Rule Changes

    In their filings with the Commission, OCC and NSCC included
statements concerning the purpose of and basis for the proposed rule
changes and discussed any comments they received on the proposed rule
changes. The text of these statements may be examined at the places
specified in Item IV below. OCC and NSCC have prepared summaries, set
forth in sections (A), (B), and (C) below, of the most significant
aspects of these statements.\2\
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    \2\ The Commission has modified the text of the summaries
prepared by OCC and NSCC.
---------------------------------------------------------------------------

(A) Self-Regulatory Organizations' Statements of the Purpose of, and
Statutory Basis for the Proposed Rule Changes

    The purpose of the proposed rule changes is to reduce the burden on
clearing members of OCC that are also members of NSCC that results from
duplicative margin requirements relating to option exercises and
assignments and to allow clearing members to use stock deposited as
margin with OCC to meet settlement obligations at NSCC.
    OCC and NSCC are parties to a Third Amended and Restated Options
Exercise Settlement Agreement dated as of February 16, 1995, as amended
(``OCC/NSCC Accord''), which provides for a two-way guaranty between
OCC and NSCC of the mark-to-market amounts for which NSCC has
guaranteed settlement. Through these rule changes, OCC and NSCC seek
approval for an Amendment No. 2 to the OCC/NSCC Accord (``Amendment'')
that would address the matters stated above.
    Under the OCC/NSCC Accord currently in effect, OCC guarantees to
NSCC the performance by NSCC members of settlement obligations
resulting from exercise and assignment (``E&A'') positions, with the
amount guaranteed by OCC with respect to the performance of an NSCC
member's settlement obligation equal to the smaller of the ``Net Member
Debit to NSCC'' and the ``Calculated Margin Requirement'' with respect
to the NSCC member. OCC can make this guarantee because it continues to
margin E&A activity through the settlement date.\3\ Similarly, NSCC
guarantees to OCC the smaller of the ``Net Member Debit to OCC'' and
the ``Calculated Margin Credit.'' NSCC can make this guarantee because
it collects risk-based margin on the member's entire portfolio of E&A
activity.\4\
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    \3\ In the case of E&A activity resulting from exercises at
expiration (``Expiration E&A Activity''), the settlement date is
normally the Wednesday after expiration.
    \4\ Because OCC marks E&A activity to the market and guarantees
that amount to NSCC, NSCC does not mark E&A positions to the market.
However, it does collect VAR margin to cover potential losses in
liquidating E&A positions.
---------------------------------------------------------------------------

    Both OCC and NSCC collect margin with respect to E&A positions
through settlement, calculated utilizing risk-based margining
methodologies which include volatility charges. OCC collects risk
margin to cover (i) the risk that NSCC might decline to settle a
defaulting member's pending E&A activity \5\ thereby forcing OCC to
guarantee buy-ins and sell-outs and (ii) the risk that the market might
move against E&A positions accepted by NSCC for settlement thereby
increasing OCC's potential liability to NSCC under the OCC/NSCC Accord.
NSCC collects a

volatility charge because OCC's liability under the OCC/NSCC Accord is
limited to the negative mark-to-market value of E&A positions as of the
close on the day before the member was suspended. To a considerable
degree, NSCC's VAR margin and OCC's risk margin overlap, covering the
same risk.
---------------------------------------------------------------------------

    \5\ Under its rules, NSCC's guaranty does not attach until
midnight on T+1. For exercises on expiration weekend, T+1 is
normally the following Monday.
---------------------------------------------------------------------------

    This dual obligation to OCC and NSCC with respect to E&A positions
may constitute a significant temporary financial burden on NSCC members
and OCC clearing members, particularly during the three business days
following options expiration each calendar month. This burden has
significantly grown as recent market conditions have caused an increase
in the volatility charges of both clearing corporations. The Amendment
addresses this problem in two ways. First, it accelerates NSCC's
guarantee of Expiration E&A Activity to the time on T+1 when the member
meets its morning NSCC clearing fund requirement instead of midnight.
    Second, it provides that in calculating OCC's obligations to NSCC,
Expiration E&A Activity would be marked to the previous day's close
only: (i) On T+1 (because even if the member failed to settle with OCC
on T+1, OCC would be holding risk margin collected on T to cover that
risk) and (ii) on T+2 and T+3 if, and only if, OCC had collected that
morning's mark-to market payment. If the member failed before OCC
collected that morning's mark, pending Expiration E&A Activity would be
marked to the second previous day's close.\6\
---------------------------------------------------------------------------

    \6\ See the example at the end of Section 3 of the Amendment.
Copies of the Amendment are attached as Exhibit 5 to the proposed
rule changes and is available at http://www.theocc.com/publications/
rules/proposed_changes/sr_occ_08_18.pdf and http://www.dtcc.com/
downloads/legal/rule_filings/2008/nscc/2008-09.pdf.
---------------------------------------------------------------------------

    The combined effect of these two changes is to enable OCC to stop
collecting risk margin on Expiration E&A Activity after the morning of
T+1. Once the member meets its morning clearing fund requirement at
NSCC on T+1, NSCC would be responsible for settling those positions,
and OCC could not be liable to NSCC under the Accord for more than the
mark-to-market that OCC had already collected so there would be no risk
to be margined. NSCC's risk in this regard would be covered by its
collection of margin.
    OCC estimates that if this arrangement had been in place during
recent months, it would have reduced daily margins for OCC clearing
members during the week after expiration by $2 billion in August
(affecting 89 members), $3.7 billion in September (93 members), and $3
billion in October (95 members). The Amendment is intended to mitigate
burdens on NSCC and OCC members while retaining adequate margin to
protect both OCC and NSCC.
    In order to further mitigate financial burden and facilitate the
settlement, on any exercise settlement date, of the settlement
obligations relating to assigned short positions, OCC and NSCC,
together with DTC, have established a program to permit an NSCC member
that has a security deliver obligation on an exercise settlement date
with respect to an assigned short position to request OCC to release
underlying securities pledged to OCC at DTC by the NSCC member to meet
the NSCC member's OCC margin or cover requirement so that the NSCC
member may fully or partially complete its continuous net settlement
security deliver obligation at NSCC on such exercise settlement date.
Some OCC members use stock held at DTC and pledged to OCC as a
``specific deposit'' to cover short positions. However, if the short
position is assigned, the member has to obtain other stock to deliver
to NSCC. OCC will release the specific deposit once the member settles
with NSCC, but obtaining stock to deliver to NSCC can strain the
member's liquidity. Until recently, clearing members expressed little
or no interest in using systems designed to allow members to use
deposited stock to meet settlement obligations at NSCC if covered
positions were assigned. However, clearing members have expressed
increased interest given current demands on member liquidity. For OCC
to be able to activate these systems, the Amendment will exclude
positions settled by the delivery of specific deposits from the
calculation of OCC's guarantee exposure. OCC also needs to perform some
minor coding and testing. In order to avoid the need for a separate
amendment when that work is completed, the necessary amendment is
included in Section 4 of the Amendment.\7\ Section 4 will become
effective when NSCC and OCC jointly announce that the systems are ready
for use.
---------------------------------------------------------------------------

    \7\ Supra, note 6.
---------------------------------------------------------------------------

    The Amendment recites that it will be in effect until November 1,
2009 unless further extended by mutual agreement. The reason for this
``sunset'' provision is that OCC and NSCC intend to restate the OCC/
NSCC Accord in its entirety in order to address and clarify various
issues.
    OCC and NSCC believe that the proposed rule changes are consistent
with the purposes and requirements of Section 17A of the Act because it
is designed to promote the prompt and accurate clearance and settlement
of options exercises and assignments, to remove impediments to and
perfect the mechanism of a national system for the prompt and accurate
clearance and settlement of such transactions, and, in general, to
protect investors and the public interest. It accomplishes this purpose
by eliminating duplicative margin requirements and providing more
efficient stock settlement procedures where stock required to be
delivered to NSCC is pledged to OCC.

(B) Self-Regulatory Organizations' Statements on Burden on Competition

    OCC and NSCC do not believe that the proposed rule changes would
impose any burden on competition.

(C) Self-Regulatory Organizations' Statements on Comments on the
Proposed Rule Changes Received From Members, Participants, or Others

    Written comments relating to the proposed rule changes have not
been solicited or received.

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

    Section 17A(b)(3)(F) of the Act requires, among other things, that
the rules of a clearing agency be designed to assure the safeguarding
of securities and funds which are in the custody or control of the
clearing agency or for which it is responsible and to foster
cooperation and coordination with persons engaged in the clearance and
settlement of securities transactions.\8\ While the Amendment should
reduce duplicative margin holdings and enable increased efficiency in
stock settlement procedures where stock required to be delivered to
NSCC is pledged as margin collateral with OCC the Commission believes
that the proposals have been designed in such a manner that they are
consistent with OCC's and NSCC's obligations to assure the safeguarding
of securities and funds in the custody or control of the clearing
agency or for which they are responsible. Additionally, the proposed
rule changes should foster cooperation and coordination between OCC and
NSCC.
---------------------------------------------------------------------------

    \8\ 15 U.S.C. 78q-1(b)(3)(F).
---------------------------------------------------------------------------

    OCC and NSCC have requested that the Commission approve the
proposed rules prior to the thirtieth day after publication of the
notice of filing. The Commission finds good cause for approving the
proposed rule changes prior to the thirtieth day after publication of
notice because such

approval will permit OCC and NSCC to implement the proposed rule
changes prior to the November options expiration on November 22, 2008.

IV. Solicitation of Comments

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

Electronic Comments

     Use the Commission's Internet comment form (http://
www.sec.gov/rules/sro.shtml) or
     Send an e-mail to<EMAIL_ADDRESS>Please include
File Numbers SR-OCC-2008-18 and SR-NSCC-2008-09 on the subject line.

Paper Comments

     Send paper comments in triplicate to Secretary, Securities
and Exchange Commission, 100 F Street, NE., Washington, DC 20549-1090.

All submissions should refer to File Numbers SR-OCC-2008-18 and SR-
NSCC-2008-09. These file numbers should be included on the subject line
if e-mail is used. To help the Commission process and review your
comments more efficiently, please use only one method. The Commission
will post all comments on the Commission's Internet Web site (http://
www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent
amendments, all written statements with respect to the proposed rule
changes that are filed with the Commission, and all written
communications relating to the proposed rule changes between the
Commission and any person, other than those that may be withheld from
the public in accordance with the provisions of 5 U.S.C. 552, will be
available for inspection and copying in the Commission's Public
Reference Room, 100 F Street, NE., Washington, DC 20549, on official
business days between the hours of 10 a.m. and 3 p.m. Copies of such
filings also will be available for inspection and copying at the
principal offices of OCC and NSCC and on OCC's and NSCC's Web sites at
http://www.theocc.com/publications/rules/proposed_changes/sr_occ_
08_18.pdf and http://www.dtcc.com/downloads/legal/rule_filings/2008/
nscc/2008-09.pdf, respectively. 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 Numbers SR-OCC-2008-18 and SR-NSCC-2008-09 and should be submitted
on or before December 17, 2008.

IV. Conclusion

    On the basis of the foregoing, the Commission finds that the
proposed rule changes are consistent with the requirements of the Act
and in particular Section 17A of the Act and the rules and regulations
thereunder.\9\
---------------------------------------------------------------------------

    \9\ In approving the proposed rule changes, the Commission
considered the proposals' impact on efficiency, competition and
capital formation. 15 U.S.C. 78c(f).
---------------------------------------------------------------------------

    It is therefore ordered, pursuant to Section 19(b)(2) of the Act,
that the proposed rule changes (File No. SR-OCC-2008-18 and SR-NSCC-
2008-09) be and hereby are approved on an accelerated basis.

    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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Florence E. Harmon,
Acting Secretary.
[FR Doc. E8-28095 Filed 11-25-08; 8:45 am]

BILLING CODE 8011-01-P


[Federal Register Volume 83, Number 248 (Friday, December 28, 2018)]
[Notices]
[Pages 67332-67334]
[FR Doc No: 2018-28149]

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DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

[Docket ID FEMA-2018-0002; Internal Agency Docket No. FEMA-B-1872]

Changes in Flood Hazard Determinations

AGENCY: Federal Emergency Management Agency, DHS.

ACTION: Notice.

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SUMMARY: This notice lists communities where the addition or
modification of Base Flood Elevations (BFEs), base flood depths,
Special Flood Hazard Area (SFHA) boundaries or zone designations, or
the regulatory floodway (hereinafter referred to as flood hazard
determinations), as shown on the Flood Insurance Rate Maps (FIRMs), and
where applicable, in the supporting Flood Insurance Study (FIS)
reports, prepared by the Federal Emergency Management Agency (FEMA) for
each community, is appropriate because of new scientific or technical
data. The FIRM, and where applicable, portions of the FIS report, have
been revised to reflect these flood hazard determinations through
issuance of a Letter of Map Revision (LOMR), in accordance with Federal
Regulations. The LOMR will be used by insurance agents and others to
calculate appropriate flood insurance premium rates for new buildings
and the contents of those buildings. For rating purposes, the currently
effective community number is shown in the table below and must be used
for all new policies and renewals.

DATES: These flood hazard determinations will be finalized on the dates
listed in the table below and revise the FIRM panels and FIS report in
effect prior to this determination for the listed communities.
    From the date of the second publication of notification of these
changes in a newspaper of local circulation, any person has 90 days in
which to request through the community that the Deputy Associate
Administrator for Insurance and Mitigation reconsider the changes. The
flood hazard determination information may be changed during the 90-day
period.

ADDRESSES: The affected communities are listed in the table below.
Revised flood hazard information for each community is available for
inspection at both the online location and the respective community map
repository address listed in the table below. Additionally, the current
effective FIRM and FIS report for each community are accessible online
through the FEMA Map Service Center at https://msc.fema.gov for
comparison.
    Submit comments and/or appeals to the Chief Executive Officer of
the community as listed in the table below.

FOR FURTHER INFORMATION CONTACT: Rick Sacbibit, Chief, Engineering
Services Branch, Federal Insurance and Mitigation Administration, FEMA,
400 C Street SW, Washington, DC 20472,<PHONE_NUMBER>, or (email)
<EMAIL_ADDRESS>or visit the FEMA Map Information
eXchange (FMIX) online at https://www.floodmaps.fema.gov/fhm/fmx_main.html.

SUPPLEMENTARY INFORMATION: The specific flood hazard determinations are
not described for each community in this notice. However, the online
location and local community map repository address where the flood
hazard determination information is available for inspection is
provided.
    Any request for reconsideration of flood hazard determinations must
be submitted to the Chief Executive Officer of the community as listed
in the table below.
    The modifications are made pursuant to section 201 of the Flood
Disaster Protection Act of 1973, 42 U.S.C. 4105, and are in accordance
with the National Flood Insurance Act of 1968, 42 U.S.C. 4001 et seq.,
and with 44 CFR part 65.
    The FIRM and FIS report are the basis of the floodplain management
measures that the community is required either to adopt or to show
evidence of having in effect in order to qualify or remain qualified
for participation in the National Flood Insurance Program (NFIP).
    These flood hazard determinations, together with the floodplain
management criteria required by 44 CFR 60.3, are the minimum that are
required. They should not be construed to mean that the community must
change any existing ordinances that are more stringent in their
floodplain management requirements. The community may at any time enact
stricter requirements of its own or pursuant to policies established by
other Federal, State, or regional entities. The flood hazard
determinations are in accordance with 44 CFR 65.4.
    The affected communities are listed in the following table. Flood
hazard determination information for each community is available for
inspection at both the online location and the respective community map
repository address listed in the table below. Additionally, the current
effective FIRM and FIS report for each community are accessible online
through the FEMA Map Service Center at https://msc.fema.gov for
comparison.

(Catalog of Federal Domestic Assistance No. 97.022, ``Flood
Insurance.'')

David I. Maurstad,
Deputy Associate Administrator for Insurance and Mitigation, Department
of Homeland Security, Federal Emergency Management Agency.

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                            Chief executive officer of                                    Online location of letter of map                            Community
         State and county          Location and case No.             community              Community map  repository                 revision                Date of  modification      No.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Arizona:

    Maricopa.....................  City of Scottsdale     The Honorable W.J. ``Jim''      Planning Records, 7447 East    https://msc.fema.gov/portal/        Mar. 15, 2019.........       045012
                                    (18-09-1514P).         Lane, Mayor, City of            Indian School Road, Suite      advanceSearch.
                                                           Scottsdale, City Hall, 3939     100, Scottsdale, AZ 85251.
                                                           North Drinkwater Boulevard,
                                                           Scottsdale, AZ 85251.
    Maricopa.....................  Town of Paradise       The Honorable Michael Collins,  Town Hall, 6401 East Lincoln   https://msc.fema.gov/portal/        Mar. 15, 2019.........       040049
                                    Valley (18-09-         Mayor, Town of Paradise         Drive, Paradise Valley, AZ     advanceSearch.
                                    1514P).                Valley, 6401 East Lincoln       85253.
                                                           Drive, Paradise Valley, AZ
                                                           85253.
Florida: St. Johns...............  Unincorporated Areas   Mr. Henry Dean, Chairman, St.   St. Johns County               https://msc.fema.gov/portal/        Mar. 20, 2019.........       125147
                                    of St. Johns County    Johns County Board of           Administration Building,       advanceSearch.
                                    (18-04-6389P).         Commissioners, 500 San          4020 Lewis Speedway, St.
                                                           Sebastian View, St.             Augustine, FL 32084.
                                                           Augustine, FL 32084.
Idaho: Ada.......................  City of Boise (18-10-  The Honorable David Bieter,     Planning and Development       https://msc.fema.gov/portal/        Mar. 11, 2019.........       160002
                                    0336P).                Mayor, City of Boise, P.O.      Services, City Hall, 150       advanceSearch.
                                                           Box 500, Boise, ID 83701.       North Capital Boulevard,
                                                                                Boise, ID 83701.
Illinois:
    Cook.........................  Village of Northbrook  The Honorable Sandra E. Frum,   Public Works Department,       https://msc.fema.gov/portal/        Mar. 1, 2019..........       170132
                                    (18-05-5952P).         Village President, Village of   Engineering Division, 655      advanceSearch.
                                                           Northbrook, 1225 Cedar Lane,    Huehl Road, Northbrook, IL
                                                           Northbrook, IL 60062.           60062.
    McHenry......................  Unincorporated Areas   The Honorable Jack D. Franks,   McHenry County Government      https://msc.fema.gov/portal/        Mar. 20, 2019.........       170732
                                    of McHenry County      Chairman, McHenry County        Center, 2200 North Seminary    advanceSearch.
                                    (18-05-5951P).         Board, McHenry County           Avenue, Woodstock, IL 60098.
                                                           Government Center, 2200 North
                                                           Seminary Avenue, Woodstock,
                                                           IL 60098.
Indiana:
    Madison......................  City of Anderson (17-  The Honorable Thomas J.         City Hall, 120 East 8th        https://msc.fema.gov/portal/        Mar. 15, 2019.........       180150
                                    05-5967P).             Broderick, Jr., Mayor, City     Street, Anderson, IN 46018.    advanceSearch.
                                                           of Anderson, Anderson City
                                                           Building, 120 East 8th
                                                           Street, Anderson, IN 46016.
    Madison......................  Town of Country Club   The Honorable Carey             Administrative Building 1202   https://msc.fema.gov/portal/        Mar. 15, 2019.........       180451
                                    Heights (17-05-        McLaughlin, Town Manager,       North Madison Avenue,          advanceSearch.
                                    5967P).                Town of County Club Heights,    Anderson, IN 46011.
                                                           30 Overlook Drive, Anderson,
                                                           IN 46011.
    Madison......................  Town of Woodlawn       The Honorable Steve Murphy,     Town Hall, 1625 Van Buskirk    https://msc.fema.gov/portal/        Mar. 15, 2019.........       180495
                                    Heights (17-05-        Town Manager, Town of           Road, Anderson, IN 46015.      advanceSearch.
                                    5967P).                Woodlawn Heights, P.O. Box
                                                           888, Anderson, IN 46015.
    Madison......................  Unincorporated Areas   The Honorable John Richwine,    Madison County Government      https://msc.fema.gov/portal/        Mar. 15, 2019.........       180442
                                    of Madison County      President, Madison County       Center, 16 East 9th Street,    advanceSearch.
                                    (17-05-5967P).         Board of Commissioners,         Room 200, Anderson, IN
                                                           Government Center, 16 East      46016.
                                                           9th Street, Anderson, IN
                                                           46016.
Kansas: Lyon.....................  City of Emporia (18-   The Honorable Danny Giefer,     Water Department, 104 East     https://msc.fema.gov/portal/        Mar. 12, 2019.........       200203
                                    07-1531P).             Mayor, City of Emporia, P.O.    5th Avenue, Emporia, KS        advanceSearch.
                                                           Box 928, Emporia, KS 66801.     66801.
Minnesota: Carver................  City of Waconia (18-   The Honorable Jim Sanborn,      City Hall, 201 South Vine      https://msc.fema.gov/portal/        Dec. 26, 2018.........       270055
                                    05-4974P).             Mayor, City of Waconia,         Street Waconia, MN 55387.      advanceSearch.
                                                           Waconia City Hall, 201 South
                                                           Vine Street, Waconia, MN
                                                           55387.
Nevada: Clark....................  City of North Las      The Honorable John J. Lee,      Public Works Department, 2200  https://msc.fema.gov/portal/        Mar. 12, 2019.........       320007
                                    Vegas (18-09-0886P).   Mayor, City of North Las        Civic Center Drive, North      advanceSearch.
                                                           Vegas, 2250 Las Vegas           Las Vegas, NV 89030.
                                                           Boulevard North, North Las
                                                           Vegas, NV 89030.
New Jersey:

    Monmouth.....................  Borough of Atlantic    The Honorable Rhonda Le Grice,  Borough Hall, 100 1st Avenue,  https://msc.fema.gov/portal/        Mar. 21, 2019.........       340286
                                    Highlands (18-02-      Mayor, Borough of Atlantic      Atlantic Highlands, NJ         advanceSearch.
                                    1965P).                Highlands, Borough Hall, 100    07716.
                                                           1st Avenue, Atlantic
                                                           Highlands, NJ 07716.
    Monmouth.....................  Borough of Highlands   The Honorable Rick O'Neil,      Municipal Office, 42 Shore     https://msc.fema.gov/portal/        Mar. 21, 2019.........       345297
                                    (18-02-1965P).         Mayor, Borough of Highlands,    Drive, Highlands, NJ 07732.    advanceSearch.
                                                           Administrative Offices, 42
                                                           Shore Drive, Highlands, NJ
                                                           07732.
New York: Westchester............  City of Rye (18-02-    The Honorable Josh Cohn,        City Hall, 1051 Boston Post    https://msc.fema.gov/portal/        May 2, 2019...........       360931
                                    1994P).                Mayor, City of Rye, 1051        Road, Rye, NY 10580.           advanceSearch.
                                                           Boston Post Road, Rye, NY
                                                           10580.
Washington: Spokane..............  City of Spokane        The Honorable Rod Higgins,      City Hall, 10210 East Sprague  https://msc.fema.gov/portal/        Mar. 15, 2019.........       530342
                                    Valley (18-10-         Mayor, City of Spokane          Avenue, Spokane Valley, WA     advanceSearch.
                                    1264P).                Valley, Spokane Valley City     99206.
                                                           Hall, 10210 East Sprague
                                                           Avenue, Spokane Valley, WA
                                                           99206.
Wisconsin: Dodge.................  City of Watertown (18- The Honorable John David,       City Hall, 106 Jones Street,   https://msc.fema.gov/portal/        Feb. 26, 2019.........       550107
                                    05-4306P).             Mayor, City of Watertown,       Watertown, WI 53094.           advanceSearch.
                                                           P.O. Box 477, Watertown, WI
                                                           53094.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

[FR Doc. 2018-28149 Filed 12-27-18; 8:45 am]
 BILLING CODE 9110-12-P


[Federal Register Volume 79, Number 27 (Monday, February 10, 2014)]
[Notices]
[Pages 7728-7731]
[FR Doc No: 2014-02746]

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

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-71473; File No. SR-NASDAQ-2014-009]

Self-Regulatory Organizations; The NASDAQ Stock Market LLC;
Notice of Proposed Rule Change Relating to the Listing and Trading of
the Shares of the First Tactical High Yield ETF of First Trust
Exchange-Traded Fund IV

February 4, 2014.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that
on January 22, 2014, The NASDAQ Stock Market LLC (``Nasdaq'' or the
``Exchange'') filed with the Securities and Exchange Commission
(``Commission'') the proposed rule change as described in Items I and
II below, which Items have been prepared by Nasdaq. The Commission is
publishing this notice to solicit comments on the proposed rule change
from interested persons.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------

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

    Nasdaq proposes to list and trade the shares of the First Trust
Tactical High Yield ETF (formerly known as the First Trust High Yield
Long/Short ETF) (the ``Fund'') of First Trust Exchange-Traded Fund IV
(the ``Trust'') under Nasdaq Rule 5735 (``Managed Fund Shares''). The
shares of the Fund are collectively referred to herein as the
``Shares.''
    The text of the proposed rule change is available at http://nasdaq.cchwallstreet.com/, at Nasdaq's principal office, 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, Nasdaq included statements
concerning the purpose of, and basis for, the proposed rule change. The
text of these statements may be examined at the places specified in
Item III below, and is set forth in Sections A, B, and C below.

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

1. Purpose
    The Exchange proposes to reflect changes to the means of achieving
the investment objectives of the Fund.\3\ The Commission has approved
the listing and trading of Shares under NASDAQ Rule 5735, which governs
the listing and trading of Managed Fund Shares on the Exchange.\4\ The
Exchange believes the proposed rule change reflects no significant
issues not previously addressed in the Prior Release. The Fund is an
actively managed exchange-traded fund (``ETF''). The Shares are offered
by the Trust, which was organized as a Massachusetts business trust on
September 15, 2010. The Trust, which is registered with the Commission
as an investment company, has filed a registration statement on Form N-
1A (``Registration Statement'') relating to the Fund with the
Commission.\5\ First Trust Advisors L.P. (``First Trust Advisors'') is
the investment adviser (``Adviser'') to the Fund.
---------------------------------------------------------------------------

    \3\ See Securities Exchange Act Release No. 68972 (February 22,
2013), 78 FR 13721 (February 28, 2013) (SR-NASDAQ-2012-147) (order
approving listing and trading of First Trust High Yield Long/Short
ETF).
    \4\ The Commission approved NASDAQ Rule 5735 (formerly Nasdaq
Rule 4420(o)) in Securities Exchange Act Release No. 57962 (June 13,
2008), 73 FR 35175 (June 20, 2008) (SR-NASDAQ-2008-039). The
Commission previously approved the listing and trading of the Shares
of the Fund. See Securities Exchange Act Release No. 68972 (February
22, 2013), 78 FR 13721 (February 28, 2013) (SR-NASDAQ-2012-147)
(``Prior Order''). See also Securities Exchange Act Release No.
68581 (January 4, 2013), 78 FR 2295 (January 10, 2013) (SR-NASDAQ-
2012-147) (``Prior Notice,'' and together with the Prior Order, the
``Prior Release'').
    \5\ See Post-Effective Amendment No. 23 to Registration
Statement on Form N-1A for the Trust, dated February 8, 2013 (File
Nos. 333-174332 and 811-22559). On February 27, 2013, July 3, 2013
and September 4, 2013, the Trust made filings under Rule 497 under
the Securities Act of 1933 (collectively, the ``497 Filings'') for
the Fund. The descriptions of the Shares and the Fund contained
herein are based, in part, on information in the Registration
Statement and the 497 Filings. In addition, the Commission has
issued an order granting certain exemptive relief to the Trust under
the Investment Company Act of 1940 (the ``1940 Act''). See
Investment Company Act Release No. 30029 (April 10, 2012) (File No.
812-13795) (the ``Exemptive Order'').
---------------------------------------------------------------------------

    The Exchange now proposes two modifications to the description of
the measures the Adviser would utilize to implement the Fund's
investment objectives.\6\ The Adviser seeks to make the modifications
described below to certain representations in the Prior Release.
---------------------------------------------------------------------------

    \6\ The Adviser represents that it has managed and will continue
to manage the Fund in the manner described in the Prior Release, and
will not implement the changes, as described herein, until the
instant proposed rule change is operative.
---------------------------------------------------------------------------

    First, the Exchange proposes to modify a representation reflected
in the Prior Release by increasing the percentage of the Fund's net
assets that may be invested in bank loans. In

accordance with the Prior Release, the Fund may invest up to 15% of its
net assets in ``bank loans,'' which, as described in the Prior Release,
may include loan interests that are not secured by any specific
collateral of the borrower, loan interests that have a lower than first
lien priority on collateral of the borrower, loans to foreign
borrowers, loans in foreign currencies and other loans with
characteristics that the Adviser believes qualify as bank loans. Going
forward, the Exchange proposes that the Fund would be permitted to
invest up to 40% of its net assets in bank loans.
    The proposed change is intended to provide greater flexibility to
the Adviser as it tactically allocates proceeds across the high yield
debt market and across the debt capital structure of select companies.
Additionally, this proposed change would provide the Adviser with
increased flexibility to manage the Fund's duration in periods of
rising rates. The Adviser represents that the Fund would continue to
invest 85% or more of the portfolio in securities that the Adviser
deems to be sufficiently liquid at the time of investment. In addition,
consistent with the Prior Release, the Adviser would continue to
monitor its portfolio liquidity on an ongoing basis to determine
whether, in light of current circumstances, an adequate level of
liquidity is being maintained.
    The Exchange also proposes to delete a representation reflected in
the Prior Release, which states that consistent with the Exemptive
Order, the Fund would not invest in options contracts, futures
contracts or swap agreements (the ``Derivatives Representation'').
    On December 6, 2012, the staff of the Commission's Division of
Investment Management (``Division'') issued a no-action letter (``No-
Action Letter'') relating to the use of derivatives by actively-managed
ETFs.\7\ The No-Action Letter noted that, in March of 2010, the
Commission announced in a press release that the staff was conducting a
review to evaluate the use of derivatives by mutual funds, ETFs, and
other investment companies and that, pending completion of this review,
the staff would defer consideration of exemptive requests under the
1940 Act relating to, among others, actively-managed ETFs that would
make significant investments in derivatives.
---------------------------------------------------------------------------

    \7\ See No-Action Letter dated December 6, 2012 from Elizabeth
G. Osterman, Associate Director, Office of Exemptive Applications,
Division of Investment Management.
---------------------------------------------------------------------------

    The No-Action Letter stated that the Division staff will no longer
defer consideration of exemptive requests under the 1940 Act relating
to actively-managed ETFs that make use of derivatives provided that
they include representations to address some of the concerns expressed
in the Commission's March 2010 press release. These representations
are: (i) That the ETF's board periodically will review and approve the
ETF's use of derivatives and how the ETF's investment adviser assesses
and manages risk with respect to the ETF's use of derivatives; and (ii)
that the ETF's disclosure of its use of derivatives in its offering
documents and periodic reports is consistent with relevant Commission
and staff guidance. The No-Action Letter stated that the Division would
not recommend enforcement action to the Commission under sections
2(a)(32), 5(a)(1), 17(a), 22(d), and 22(e) of the 1940 Act, or rule
22c-1 under the 1940 Act if actively-managed ETFs operating in reliance
on specified orders (which include the Trust's Exemptive Order \8\)
invest in options contracts, futures contracts or swap agreements
provided that they comply with the representations stated in the No-
Action Letter, as noted above.
---------------------------------------------------------------------------

    \8\ See footnote 5.
---------------------------------------------------------------------------

    In view of the No-Action Letter, the Exchange is proposing to
delete the Derivatives Representation and to permit the Fund to use
``Derivative Instruments,'' as defined and described below.
    The Exchange now proposes that to pursue its investment objectives
it be permitted to invest in interest rate swaps, total return swaps,
credit default swaps, options, options on futures contracts, futures
contracts, forward contracts, structured notes, non-U.S. currency
swaps, currency options, forward currency contracts and non-deliverable
forward currency contracts (collectively, ``Derivative Instruments'').
The use of Derivative Instruments may allow the Fund to seek to enhance
return, to hedge some of the risks of its investments in securities, as
a substitute for a position in an underlying asset, to reduce
transaction costs, to maintain full market exposure (which means to
adjust the characteristics of its investments to more closely
approximate those of the markets in which it invests), to manage cash
flows, to preserve capital or to manage its foreign currency
exposures.\9\
---------------------------------------------------------------------------

    \9\ In particular, the Adviser contemplates that the Fund would
sell futures on U.S. Treasury obligations as an alternative to
engaging in short sales to gain short exposure to the U.S. Treasury
market.
---------------------------------------------------------------------------

    The Fund generally expects that no more than 30% of the value of
the Fund's net assets would be invested in Derivative Instruments;
however, there would be no limitation on the Fund's investments in
Derivative Instruments to be used by the Fund solely for hedging
purposes.\10\
---------------------------------------------------------------------------

    \10\ The Fund will limit its direct investments in futures,
options on futures and swaps to the extent necessary for the Adviser
to claim the exclusion from regulation as a ``commodity pool
operator'' with respect to the Fund under Rule 4.5 promulgated by
the Commodity Futures Trading Commission (``CFTC''), as such rule
may be amended from time to time. Under Rule 4.5 as currently in
effect, the Fund will limit its trading activity in futures, options
on futures and swaps (excluding activity for ``bona fide hedging
purposes,'' as defined by the CFTC) such that it will meet one of
the following tests: (i) aggregate initial margin and premiums
required to establish its futures, options on futures and swap
positions will not exceed 5% of the liquidation value of the Fund's
portfolio, after taking into account unrealized profits and losses
on such positions; or (ii) aggregate net notional value of its
futures, options on futures and swap positions will not exceed 100%
of the liquidation value of the Fund's portfolio, after taking into
account unrealized profits and losses on such positions.
---------------------------------------------------------------------------

    The Prior Release stated that the Fund's investments would not be
used to enhance leverage. In view of the Exchange's proposal to permit
the Fund to use Derivative Instruments, the Fund's investments in
Derivative Instruments could potentially be used to enhance leverage.
However, the Fund's investments in Derivative Instruments would be
consistent with the Fund's investment objectives and would not be used
to seek to achieve a multiple or inverse multiple of an index.
    Further, the Fund's investments in Derivative Instruments would be
valued at market value or, in the absence of market value with respect
to any Derivative Instrument, at fair value in accordance with
valuation procedures adopted by the Trust's Board of Trustees and in
accordance with the 1940 Act.
    Investments in Derivative Instruments would be made in accordance
with the 1940 Act and consistent with the Fund's investment objectives
and policies. The Fund would comply with the regulatory requirements of
the Commission to maintain assets as ``cover,'' maintain segregated
accounts, and/or make margin payments when it takes positions in
Derivative Instruments involving obligations to third parties (i.e.,
instruments other than purchase options). If the applicable guidelines
prescribed under the 1940 Act so require, the Fund would earmark or set
aside cash, U.S. government securities, high grade liquid debt
securities and/or other liquid assets permitted by the Commission in a
segregated custodial account in the amount prescribed.\11\
---------------------------------------------------------------------------

    \11\ With respect to guidance under the 1940 Act, see 15 U.S.C.
80a-18; Investment Company Act Release No. 10666 (April 18, 1979),
44 FR 25128 (April 27, 1979); Dreyfus Strategic Investing,
Commission No-Action Letter (June 22, 1987); Merrill Lynch Asset
Management, L.P., Commission No-Action Letter (July 2, 1996).

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

    The Fund would include appropriate risk disclosure in its offering
documents, including leveraging risk. Leveraging risk is the risk that
certain transactions of the Fund, including the Fund's use of
Derivative Instruments, may give rise to leverage, causing the Fund to
be more volatile than if it had not been leveraged.\12\
---------------------------------------------------------------------------

    \12\ To mitigate leveraging risk, the Fund will segregate or
``earmark'' liquid assets or otherwise cover the transactions that
may give rise to such risk.
---------------------------------------------------------------------------

    Based on the above, the Exchange seeks this modification to reflect
the No-Action Letter. The Adviser believes that the ability to invest
in Derivative Instruments would provide it with additional flexibility
to meet the Fund's investment objectives.
    The Fund would continue to comply with all initial and continued
listing requirements under NASDAQ Rule 5735.
    The Adviser represents that there is no change to the Fund's
investment objectives. Except for the changes proposed herein, all
other facts presented and representations made in the Rule 19b-4 \13\
filings underlying the Prior Release remain unchanged.
---------------------------------------------------------------------------

    \13\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------

2. Statutory Basis
    The Exchange believes that the proposal is consistent with Section
6(b) of the Act \14\ in general and Section 6(b)(5) of the Act \15\ in
particular in that it is designed to prevent fraudulent and
manipulative acts and practices, to promote just and equitable
principles of trade, to foster cooperation and coordination with
persons engaged in facilitating transactions in securities, and to
remove impediments to and perfect the mechanism of a free and open
market and a national market system.
---------------------------------------------------------------------------

    \14\ 15 U.S.C. 78f.
    \15\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

    The Exchange believes that the proposed rule changes are designed
to prevent fraudulent and manipulative acts and practices in that the
Shares would continue to be listed and traded on the Exchange pursuant
to the initial and continued listing criteria in NASDAQ Rule 5735. The
first proposed rule change would permit the Fund to invest up to 40%
(rather than up to 15%) of its net assets in bank loans, however, the
Adviser represents that the Fund would continue to invest 85% or more
of its portfolio in securities that the Adviser deems to be
sufficiently liquid at the time of investment and would continue to
monitor portfolio liquidity on an ongoing basis.
    The second proposed rule change is consistent with the No-Action
Letter and would permit the Fund to invest in Derivative Instruments.
The Fund generally expects that no more than 30% of the value of the
Fund's net assets would be invested in Derivative Instruments; however,
there would be no limitation on the Fund's investments in Derivative
Instruments to be used by the Fund solely for hedging purposes. The
Fund's investments in Derivative Instruments would be consistent with
the Fund's investment objectives and would not be used to seek to
achieve a multiple or inverse multiple of an index. Investments in
Derivative Instruments would be made in accordance with the 1940 Act
and would be consistent with the Fund's investment objectives and
policies.
    The proposed rule changes are designed to promote just and
equitable principles of trade and to protect investors and the public
interest in that the Adviser represents that there is no change to the
Fund's investment objectives. The Adviser represents that the purpose
of the proposed changes is to provide it with greater flexibility in
meeting the Fund's investment objectives by permitting (1) the Fund to
invest a greater portion of its net assets in bank loans and (2) the
Fund to invest a portion of its net assets in Derivative Instruments.
In addition, consistent with the Prior Release, the net asset value
(``NAV'') per Share would continue to be calculated daily and the NAV
and ``Disclosed Portfolio'' (as defined in the Prior Release) would be
made available to all market participants at the same time.
    The proposed rule change is designed to perfect the mechanism of a
free and open market and, in general, to protect investors and the
public interest in that it will facilitate the listing and trading of
an actively managed exchange-traded product that will enhance
competition among market participants, to the benefit of investors and
the marketplace.
    As noted above, the additional flexibility to be afforded to the
Adviser under the proposed rule change is intended to enhance the
Adviser's ability to meet the Fund's investment objectives. Further, as
noted in the Prior Release, the Exchange has in place surveillance
procedures relating to trading in the Shares and may obtain information
via the Intermarket Surveillance Group (``ISG'') from other exchanges
that are members of the ISG or with which the Exchange has entered into
a comprehensive surveillance sharing agreement. In addition, as
indicated in the Prior Release, investors will have ready access to
information regarding the Fund's holdings, the Intraday Indicative
Value (as defined in the Prior Release), the Disclosed Portfolio (as
defined in the Prior Release), and quotation and last sale information
for the Shares.
    For the above reasons, the Exchange believes the proposed rule
change is consistent with the requirements of Section 6(b)(5) of the
Act.

B. Self-Regulatory Organization's Statement on Burden on Competition

    Nasdaq does not believe that the proposed rule change will impose
any burden on competition that is not necessary or appropriate in
furtherance of the purposes of the Act.\16\
---------------------------------------------------------------------------

    \16\ The Commission notes that Nasdaq included the following
additional statement in its Form 19b-4: ``The Exchange believes the
proposed rule change will permit the Adviser additional flexibility
in achieving the Fund's investment objectives, thereby offering
investors additional investment options.''
---------------------------------------------------------------------------

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

    Written comments were neither solicited nor received.

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

    Within 45 days of the date of publication of this notice in the
Federal Register or within such longer period up to 90 days after
publication (i) as the Commission may designate if it finds such longer
period to be appropriate and publishes its reasons for so finding or
(ii) as to which the Exchange consents, the Commission shall: (a) by
order approve or disapprove such proposed rule change, or (b) institute
proceedings to determine whether the proposed rule change should be
disapproved.

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-NASDAQ-2014-009 on the subject line.

Paper Comments

     Send paper comments in triplicate to Elizabeth M. Murphy,
Secretary, Securities and Exchange Commission, Station Place, 100 F
Street NE., Washington, DC 20549-9303.

All submissions should refer to File Number SR-NASDAQ-2014-009. This
file number should be included on the subject line if email is used. To
help the Commission process and review your comments more efficiently,
please use only one method. The Commission will post all comments on
the Commission's Internet Web site http://www.sec.gov/rules/sro.shtml.
Copies of the submission, all subsequent amendments, all written
statements with respect to the proposed rule change that are filed with
the Commission, and all written communications relating to the proposed
rule change between the Commission and any person, other than those
that may be withheld from the public in accordance with the provisions
of 5 U.S.C. 552, will be available for Web site viewing and printing in
the Commission's Public Reference Room, 100 F Street NE., Washington,
DC 20549, on official business days between the hours of 10:00 a.m. and
3:00 p.m. Copies of the filing also will be available for inspection
and copying at the principal office of Nasdaq. 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-NASDAQ-2014-009 and should be submitted
on or before March 3, 2014.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\17\
---------------------------------------------------------------------------

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

Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-02746 Filed 2-7-14; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register Volume 84, Number 185 (Tuesday, September 24, 2019)]
[Rules and Regulations]
[Pages 49944-49947]
[FR Doc No: 2019-20599]

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

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. FAA-2019-0692; Product Identifier 2018-NE-19-AD; Amendment
39-19735; AD 2019-18-08]
RIN 2120-AA64

Airworthiness Directives; Engine Alliance Turbofan Engines

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Final rule; request for comments.

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

SUMMARY: The FAA is superseding Airworthiness Directive (AD) 2019-16-04
for all Engine Alliance (EA) GP7270 and GP7277 model turbofan engines.
AD 2019-16-04 required a visual inspection of the 1st-stage low-
pressure compressor (LPC) rotor assembly, referred to after this as the
``engine fan hub assembly,'' for damage, a one-time eddy current
inspection (ECI) of the engine fan hub blade slot bottom and blade slot
front edge for cracks; and removal of parts if damage or defects are
found. AD 2019-16-04 also required replacement of the engine fan hub
blade lock assembly for certain GP7270 and GP7277 model turbofan
engines. This AD, for certain GP7270 and GP7277 model turbofan engines,
reduces the compliance time for the initial ECI and requires repetitive
ECIs of the engine fan hub blade slot bottom and blade slot front edge
for cracks. This AD also retains the visual inspection requirements of
the engine fan hub assembly for all GP7270 and GP7277 model turbofan
engines. This AD was prompted by an uncontained failure of the engine
fan hub. The FAA is issuing this AD to address the unsafe condition on
these products.

DATES: This AD is effective October 9, 2019.
    The Director of the Federal Register approved the incorporation by
reference of a certain publication listed in this AD as of October 9,
2019.
    The FAA must receive any comments on this AD by November 8, 2019.

ADDRESSES: You may send comments, using the procedures found in 14 CFR
11.43 and 11.45, by any of the following methods:
     Federal eRulemaking Portal: Go to http://www.regulations.gov. Follow the instructions for submitting comments.
     Fax:<PHONE_NUMBER>.
     Mail: U.S. Department of Transportation, Docket
Operations, M-30, West Building Ground Floor, Room W12-140, 1200 New
Jersey Avenue SE, Washington, DC 20590.
     Hand Delivery: U.S. Department of Transportation, Docket
Operations, M-30, West Building Ground Floor, Room W12-140, 1200 New
Jersey Avenue SE, Washington, DC 20590, between 9 a.m. and 5 p.m.,
Monday through Friday, except Federal holidays.
    For service information identified in this final rule, contact
Engine Alliance, 411 Silver Lane, East Hartford, CT 06118; phone: 800-
565-0140; email<EMAIL_ADDRESS>website:
www.engineallianceportal.com. You may view this service information at
the FAA, Engine and Propeller Standards Branch, 1200 District Avenue,
Burlington, MA 01803. For information on the availability of this
material at the FAA, call<PHONE_NUMBER>. It is also available on the
internet at http://www.regulations.gov by searching for and locating
Docket No. FAA-2019-0692.

Examining the AD Docket

    You may examine the AD docket on the internet at http://www.regulations.gov by searching for and locating Docket No. FAA-2019-
0692; or in person at Docket Operations between 9 a.m. and 5 p.m.,
Monday through Friday, except Federal holidays. The AD docket contains
this final rule, the regulatory evaluation, any comments received, and
other information. The street address for Docket Operations is listed
above. Comments will be available in the AD docket shortly after
receipt.

FOR FURTHER INFORMATION CONTACT: Matthew Smith, Aerospace Engineer, ECO
Branch, FAA, 1200 District Avenue, Burlington, MA 01803; phone: 781-
238-7735; fax:<PHONE_NUMBER>; email<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION:

Discussion

    The FAA issued AD 2019-16-04, Amendment 39-19707 (84 FR 41617,
August 15, 2019), (``AD 2019-16-04''), for all EA GP7270 and GP7277
model turbofan engines. AD 2019-16-04 required a visual inspection of
the engine fan hub assembly for damage, a one-time ECI of the engine
fan hub blade slot bottom and blade slot front edge for cracks, and
removal of parts if damage or defects are found that are outside
serviceable limits. AD 2019-16-04 required an independent inspection of
the engine fan hub assembly prior to reassembly of the engine fan hub
blade lock assembly. AD 2019-16-04 also required replacement of the
engine fan hub blade lock assembly for certain serial-numbered GP7270
and GP7277 model turbofan engines. AD 2019-16-04 resulted from the
manufacturer's determination that an independent inspection of the fan
hub assembly for damage was necessary prior to the reassembly of the
engine fan hub blade lock assembly for all EA GP7270 and GP7277 model
turbofan engines. The FAA issued AD 2019-16-04 to detect defects,
damage, and cracks that could result in an uncontained failure of the
engine fan hub assembly.

Actions Since AD 2019-16-04 Was Issued

    Since the FAA issued AD 2019-16-04, the manufacturer identified a
fatigue crack originating inboard of a blade slot after the
manufacturer performed a metallurgical examination of the engine fan
hub that was recovered, related to the September 30, 2017 event. After
performing a risk assessment, the manufacturer determined the need to
reduce the compliance time for the initial ECI and add a repetitive
ECI. The FAA is issuing this AD to address the unsafe condition on
these products.

Related Service Information Under 1 CFR Part 51

    The FAA reviewed EA Alert Service Bulletin (ASB) EAGP7-A72-389,
Revision No. 5, dated August 23, 2019. The ASB describes procedures for
ECI of the EA GP7270 and GP7277 model turbofan engines fan hub
assembly. This service information is reasonably available because the
interested parties have access to it through their normal course of
business or by the means identified in the ADDRESSES section.

Other Related Service Information

    The FAA reviewed EA ASB EAGP7-A72-418, Revision No. 1, dated
January 11, 2019. The ASB provides guidance on replacement or
modification of the engine fan hub blade lock assembly.
    The FAA also reviewed the following service information:
    Subtask 72-31-42-210-001-A, of Task 72-31-42-000-802-A, from the
A380 Aircraft Maintenance Manual (AMM). This subtask describes an on-
wing visual inspection that is to be performed after removal of the
engine fan hub blade lock assembly.
    Figure 405 of Task 72-00-31-420-004 of the EA GP7000 Series Engine
Manual (EM). This figure and task describe a visual inspection that is
to be performed after removal of the engine fan hub blade lock assembly
when the engine is in the shop.
    Subtask 72-00-00-210-012-A, of Task 72-00-00-210-806-A, from the
A380 Aircraft Maintenance Manual (AMM). This subtask describes an on-
wing visual inspection that is to be performed after reassembly of the
engine fan hub blade lock assembly.
    Task 72-00-31-420-004, Paragraph 1.E.(13), of the GP7000 Series EM
describes a visual inspection that is to be performed after reassembly
of the engine fan hub blade lock assembly when the engine is in the
shop.
    Table 601 in Subtask 72-00-00-210-012-A, Task 72-00-00-210-806,
from the A380 AMM or Task 72-00-31-220-010 of the EA GP7000 Series EM.
Table 601 and Task 72-00-31-220-010 provide guidance on acceptable
damage service limits.

FAA's Determination

    The FAA is issuing this AD because all the relevant information was
evaluated and the FAA determined the unsafe condition described
previously is likely to exist or develop in other products of the same
type design.

AD Requirements

    This AD requires, for certain GP7270 and GP7277 model turbofan
engines, an initial and repetitive ECI of the engine fan hub blade slot
bottom and blade slot front edge for cracks. For all GP7270 and GP7277
model turbofan engines, this AD also requires an independent inspection
of the engine fan hub assembly prior to the reassembly of the engine
fan hub blade lock assembly and a visual inspection of the engine fan
hub assembly for damage. For certain serial-numbered GP7270 and GP7277
model turbofan engines, this AD requires replacement of the engine fan
hub blade lock assembly with a part eligible for installation.

FAA's Justification and Determination of the Effective Date

    No domestic operators use this product. Therefore, the FAA finds
good cause that notice and opportunity for prior public comment are
unnecessary. In addition, for the reason stated above, the FAA finds
that good cause exists for making this amendment effective in less than
30 days.

Comments Invited

    This AD is a final rule that involves requirements affecting flight
safety, and the FAA did not provide you with notice and an opportunity
to provide your comments before it becomes effective. However, the FAA
invites you to send any written data, views, or arguments about this
final rule. Send your comments to an address listed under the ADDRESSES
section. Include the docket number FAA-2019-0692 and product identifier
2018-NE-19-AD at the beginning of your comments. The FAA specifically
invites comments on the overall regulatory, economic, environmental,
and energy aspects of this final rule. The FAA will consider all
comments received by the closing date and may amend this final rule
because of those comments.
    The FAA will post all comments received, without change, to http://www.regulations.gov, including any personal information you provide.
The FAA will also post a report summarizing each substantive verbal
contact received about this final rule.

Regulatory Flexibility Act

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

Costs of Compliance

    The FAA estimates that this AD affects zero engines installed on
airplanes of U.S. registry. We have revised the estimate of work hours
to complete the ECI based on updated service information.
    The FAA estimates the following costs to comply with this AD:

                                                 Estimated Costs
----------------------------------------------------------------------------------------------------------------
                                                                                Cost per      Cost on U.S.
                Action                         Labor cost           Parts cost        product        operators
----------------------------------------------------------------------------------------------------------------
ECI...................................  20 work-hours x $85 per               $0          $1,700              $0
                                         hour = $1,700.
Visual inspection.....................  1 work-hour x $85 per                  0              85               0
                                         hour = $85.
Replace fan hub blade lock assembly...  25 work-hours x $85 per           28,000          30,125               0
                                         hour = $2,125.
----------------------------------------------------------------------------------------------------------------

    The FAA estimates the following costs to do any necessary
replacements that would be required based on the results of the
inspection. The FAA has no way of determining the number of engines
that might need these replacements:

                                               On-Condition Costs
----------------------------------------------------------------------------------------------------------------
                                                                                Cost per
                    Action                                 Labor cost               Parts cost        product
----------------------------------------------------------------------------------------------------------------
Replace engine fan hub assembly...............  50 work-hours x $85 per hour =          $790,500        $794,750
                                                 $4,250.
----------------------------------------------------------------------------------------------------------------

Authority for This Rulemaking

    Title 49 of the United States Code specifies the FAA's authority to
issue rules on aviation safety. Subtitle I, Section 106, describes the
authority of the FAA Administrator. Subtitle VII, Aviation Programs,
describes in more detail the scope of the Agency's authority.
    The FAA is issuing this rulemaking under the authority described in
Subtitle VII, Part A, Subpart III, Section 44701, ``General
requirements.'' Under that section, Congress charges the FAA with
promoting safe flight of civil aircraft in air commerce by prescribing
regulations for practices, methods, and procedures the Administrator
finds necessary for safety in air commerce. This regulation is within
the scope of that authority because it addresses an unsafe condition
that is likely to exist or develop on products identified in this
rulemaking action.
    This AD is issued in accordance with authority delegated by the
Executive Director, Aircraft Certification Service, as authorized by
FAA Order 8000.51C. In accordance with that order, issuance of ADs is
normally a function of the Compliance and Airworthiness Division, but
during this transition period, the Executive Director has delegated the
authority to issue ADs applicable to engines, propellers, and
associated appliances to the Manager, Engine and Propeller Standards
Branch, Policy and Innovation Division.

Regulatory Findings

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

List of Subjects in 14 CFR Part 39

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

Adoption of the Amendment

    Accordingly, under the authority delegated to me by the
Administrator, the FAA amends part 39 of the Federal Aviation
Regulations (14 CFR part 39) as follows:

PART 39--AIRWORTHINESS DIRECTIVES

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

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

Sec.  39.13  [Amended]

0
2. The FAA amends Sec.  39.13 by removing Airworthiness Directive (AD)
AD 2019-16-04, Amendment 39-19707 (84 FR 41617, August 15, 2019), and
adding the following new AD:

2019-18-08 Engine Alliance: Amendment 39-19735; Docket No. FAA-2019-
0692; Product Identifier 2018-NE-19-AD.

(a) Effective Date

    This AD is effective October 9, 2019.

(b) Affected ADs

    This AD replaces AD 2019-16-04, Amendment 39-19707 (84 FR 41617,
August 15, 2019) (``AD 2019-16-04'').

(c) Applicability

    This AD applies to all Engine Alliance (EA) GP7270 and GP7277
model turbofan engines.

(d) Subject

    Joint Aircraft System Component (JASC) Code 7230, Turbine Engine
Compressor Section.

(e) Unsafe Condition

    This AD was prompted by an uncontained failure of the engine fan
hub. The FAA is issuing this AD to detect defects, damage, and
cracks that could result in an uncontained failure of the engine fan
hub assembly. The unsafe condition, if not addressed, could result
in uncontained failure of the engine fan hub assembly, damage to the
engine, and damage to the airplane.

(f) Compliance

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

(g) Required Actions

    (1) For EA GP7270 and GP7277 model turbofan engines with engine
fan hub assembly part numbers (P/Ns) 5760221 or 5760321, within
1,700 cycles since new, or within 150 flight cycles (FCs) after the
effective date of this AD, or within 330 FCs since an eddy current
inspection (ECI) was performed in accordance with the Accomplishment
Instructions, For Fan Hubs at LPC Module Assembly Level, paragraphs
2.A and 2.B, of EA ASB EAGP7-A72-389, Revision No. 4, dated June 14,
2019, or earlier versions of that ASB; or within 330 FCs since
overhaul, whichever occurs later:
    (i) For engine fan hub assemblies at the low-pressure compressor
(LPC) module assembly level, perform an ECI of the engine fan hub
blade slot bottoms and front edges in accordance with the
Accomplishment Instructions, For Fan Hubs at LPC Module Assembly
Level, paragraphs 1.B. and 1.C., of EA ASB EAGP7-A72-389, Revision
No. 5, dated August 23, 2019.
    (ii) For engine fan hub assemblies at the piece part level,
perform an ECI of the engine fan hub blade slot bottoms and front
edges, in accordance with the Accomplishment Instructions, For Fan
Hubs at Piece Part Level, paragraphs 1.A. and 1.B., of EA ASB EAGP7-
A72-389, Revision No. 5, dated August 23, 2019.
    (iii) For engine fan hub assemblies installed in an engine (on-
wing or off-wing), perform an ECI of the engine fan hub blade slot
bottoms and front edges, in accordance with the Accomplishment
Instructions, For Fan Hubs Installed in an Engine, paragraphs 3.B.
and 3.C., of EA ASB EAGP7-A72-389, Revision No. 5, dated August 23,
2019.
    (iv) Thereafter, repeat the ECI of the engine fan hub blade slot
bottoms and front edges at intervals not exceeding 330 FCs since the
previous ECI required by paragraphs (g)(1)(i) through (iii) of this
AD, as applicable.
    (v) If any ECI of the engine fan hub assembly results in a
rejectable indication per the Appendix, Added Data, of EA ASB EAGP7-
A72-389, Revision No. 5, dated August 23, 2019, remove the engine
fan hub assembly from service and, before further flight, replace
with a part that is eligible for installation.
    (2) For all GP7270 and GP7277 model turbofan engines, after the
effective date of this AD:
    (i) At the next disassembly of the engine fan hub blade lock
assembly, visually inspect the following areas for damage:
    (A) The fan hub blade lock retention hooks (also known as lock
ring contact area); and
    (B) The fan hub rim face.
    (ii) At the next reassembly of the fan hub blade lock assembly,
visually inspect the following areas of the engine fan hub for
damage:
    (A) The fan hub scallop areas;
    (B) The fan hub bore area behind the balance flange;
    (C) The fan hub fan blade lock retention hooks;
    (D) The fan hub rim face; and
    (E) The clinch nut holes.
    (iii) After any reassembly per paragraph (g)(2)(ii), before
further flight, perform an

independent inspection of all areas of the engine fan hub referenced
in paragraph (g)(2)(ii) of this AD for damage.
    (iv) Thereafter, repeat the inspections required by paragraphs
(g)(2)(i) through (iii) of this AD at each disassembly and
reassembly of the engine fan hub blade lock assembly.
    (v) As an optional terminating action to the inspection
requirements and independent inspection requirements of paragraph
(g)(2)(i) through (iii) of this AD, insert the requirements for the
visual inspections and independent inspections required by these
paragraphs as Required Inspection Items in the approved continuous
airworthiness maintenance program for the airplane.
    (vi) If damage is found outside serviceable limits during the
inspections required by (g)(2)(i) through (iii) of this AD, before
further flight, remove the engine fan hub assembly from service and
replace it with a part eligible for installation.
    (3) For GP7270 and GP7277 model turbofan engines with engine
serial numbers P550101 through P550706, remove the engine fan hub
blade lock assembly, P/N 5700451, by September 1, 2020, and replace
with a part eligible for installation. Refer to EA ASB EAGP7-A72-
418, Revision No. 1, dated January 11, 2019, for guidance on
replacement of the engine fan hub blade lock assembly.

(h) Credit for Previous Actions

    You may take credit for the inspections required by paragraph
(g)(1)(i) through (iii) of this AD if you performed the inspections
before the effective date of this AD using EA ASB EAGP7-A72-389,
Revision No. 4, dated June 14, 2019, or an earlier version.

(i) Definitions

    (1) For the purpose of this AD, a part eligible for installation
for replacement of the engine fan hub blade lock assembly is:
    (i) A part that is not P/N 5700451, or
    (ii) An engine fan hub blade lock assembly that has been
modified in accordance with EA ASB EAGP7-A72-418, Revision No. 1,
dated January 11, 2019, or EA ASB EAGP7-A72-418, Revision No. 0,
dated December 7, 2018.
    (2) For the purpose of this AD, an independent inspection is a
second visual inspection performed by an individual qualified to
perform inspections who was not involved in the original inspection
of the engine fan hub assembly following disassembly and reassembly
of the engine fan hub blade lock assembly.

(j) Alternative Methods of Compliance (AMOCs)

    (1) The Manager, ECO Branch, FAA, has the authority to approve
AMOCs for this AD, if requested using the procedures found in 14 CFR
39.19. In accordance with 14 CFR 39.19, send your request to your
principal inspector or local Flight Standards District Office, as
appropriate. If sending information directly to the manager of the
certification office, send it to the attention of the person
identified in paragraph (k) of this AD. You may email your request
to<EMAIL_ADDRESS>    (2) Before using any approved AMOC, notify your appropriate
principal inspector, or lacking a principal inspector, the manager
of the local flight standards district office/certificate holding
district office.
    (3) AMOCs approved for AD 2019-16-04, AD 2018-11-16 (83 FR
27891, June 15, 2018), and AD 2019-03-04 (84 FR 4694, February 19,
2019) are approved as AMOCs for the corresponding provisions of this
AD.

(k) Related Information

    For more information about this AD, contact Matthew Smith,
Aerospace Engineer, ECO Branch, FAA, 1200 District Avenue,
Burlington, MA 01803; phone:<PHONE_NUMBER>; fax:<PHONE_NUMBER>; email:
<EMAIL_ADDRESS>
(l) Material Incorporated by Reference

    (1) The Director of the Federal Register approved the
incorporation by reference (IBR) of the service information listed
in this paragraph under 5 U.S.C. 552(a) and 1 CFR part 51.
    (2) You must use this service information as applicable to do
the actions required by this AD, unless the AD specifies otherwise.
    (i) Engine Alliance (EA) Alert Service Bulletin EAGP7-A72-389,
Revision No. 5, dated August 23, 2019.
    (ii) [Reserved]
    (3) For EA service information identified in this AD, contact
Engine Alliance, 411 Silver Lane, East Hartford, CT 06118; phone:
800-565-0140; email<EMAIL_ADDRESS>website:
www.engineallianceportal.com.
    (4) You may view this service information at the FAA, Engine &
Propeller Standards Branch, 1200 District Avenue, Burlington, MA
01803. For information on the availability of this material at the
FAA, call<PHONE_NUMBER>.
    (5) You may view this service information that is incorporated
by reference at the National Archives and Records Administration
(NARA). For information on the availability of this material at
NARA, email<EMAIL_ADDRESS>or go to: http://www.archives.gov/federal-register/cfr/ibr-locations.html.

    Issued in Burlington, Massachusetts, on September 18, 2019.
Karen M. Grant,
Acting Manager, Engine & Propeller Standards Branch, Aircraft
Certification Service.
[FR Doc. 2019-20599 Filed 9-23-19; 8:45 am]
 BILLING CODE 4910-13-P