[Federal Register Volume 85, Number 144 (Monday, July 27, 2020)]
[Notices]
[Pages 45272-45274]
[FR Doc No: 2020-16162]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-89368; File No. SR-NYSE-2020-61]

Self-Regulatory Organizations; New York Stock Exchange LLC;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change To
Delete Supplementary Material .20 to Rule 76

July 21, 2020.
    Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of
1934 (the ``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby
given that on July 20, 2020, New York Stock Exchange LLC (``NYSE'' or
the ``Exchange'') filed with the Securities and Exchange Commission
(the Commission'') the proposed rule change as described in Items I and
II below, which Items have been prepared by the self-regulatory
organization. The Commission is publishing this notice to solicit
comments on the proposed rule change from interested persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 15 U.S.C. 78a.
    \3\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change

    The Exchange proposes to delete Supplementary Material .20 to Rule
76 and lift the temporary suspension on ``crossing'' orders pursuant to
Rule 76. The proposed rule change is available on the Exchange's
website at www.nyse.com, at the principal office of the Exchange, and
at the Commission's Public Reference Room.

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

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

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

1. Purpose
    The Exchange proposes to delete Supplementary Material .20 to Rule
76 and lift the temporary suspension on ``crossing'' orders pursuant to
Rule 76.
Background
    To slow the spread of COVID-19 through social-distancing measures,
on March 18, 2020, the CEO of the Exchange made a determination under
Rule 7.1(c)(3) that, beginning March 23, 2020, the Trading Floor
facilities located at 11 Wall Street in New York City would close and
the Exchange would move, on a temporary basis, to fully electronic
trading.\4\ On May 14, 2020, the CEO of the Exchange made a
determination under Rule 7.1(c)(3) to reopen the Trading Floor on a
limited basis on May 26, 2020 to a subset of Floor brokers, subject to
safety measures designed to prevent the spread of COVID-19.\5\ On June
15, 2020, the CEO of the Exchange made a determination under Rule
7.1(c)(3) to begin the second phase of the Trading Floor reopening by
allowing DMMs to return on June 17, 2020, subject to safety measures
designed to prevent the spread of COVID-19.\6\
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    \4\ See Press Release, dated March 18, 2020, available here:
https://ir.theice.com/press/press-releases/all-categories/2020/03-18-2020-204202110.
    \5\ See Securities Exchange Act Release No. 88933 (May 22,
2020), 85 FR 32059 (May 28, 2020) (SR-NYSE-2020-47) (Notice of
filing and immediate effectiveness of proposed rule change).
    \6\ See Securities Exchange Act Release No. 89086 (June 17,
2020) (SR-NYSE-2020-52) (Notice of filing and immediate
effectiveness of proposed rule change).
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    The Exchange has modified its rules to add Commentaries to Rules
7.35, 7.35A, 7.35B, and 7.35C; Supplementary Material .20 to Rule 76;
and rule relief in Rule 36.30 \7\ that are in effect until the earlier
of a full reopening of the Trading Floor facilities to DMMs or after
the Exchange closes on July 31, 2020.\8\
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    \7\ See Securities Exchange Act Release Nos. 88413 (March 18,
2020), 85 FR 16713 (March 24, 2020) (SR-NYSE-2020-19) (amending Rule
7.35C to add Commentary .01); 88444 (March 20, 2020), 85 FR 17141
(March 26, 2020) (SR-NYSE-2020-22) (amending Rules 7.35A to add
Commentary .01, 7.35B to add Commentary .01, and 7.35C to add
Commentary .02); 88488 (March 26, 2020), 85 FR 18286 (April 1, 2020)
(SR-NYSE-2020-23) (amending Rule 7.35A to add Commentary .02); 88546
(April 2, 2020), 85 FR 19782 (April 8, 2020) (SR-NYSE-2020-28)
(amending Rule 7.35A to add Commentary .03); 88562 (April 3, 2020),
85 FR 20002 (April 9, 2020) (SR-NYSE-2020-29) (amending Rule 7.35C
to add Commentary .03); 88705 (April 21, 2020), 85 FR 23413 (April
27, 2020) (SR-NYSE-2020-35) (amending Rule 7.35A to add Commentary
.04); 88725 (April 22, 2020), 85 FR 23583 (April 28, 2020) (SR-NYSE-
2020-37) (amending Rule 7.35 to add Commentary .01); 88950 (May 26,
2020), 85 FR 33252 (June 1, 2020) (SR-NYSE-2020-48) (amending Rule
7.35A to add Commentary .05); 89059 (June 12, 2020), 85 FR 36911
(June 18, 2020) (SR-NYSE-2020-50) (amending Rule 7.35C to add
Commentary .04); and 89086 (June 17, 2020) (SR-NYSE-2020-52)
(amending Rules 7.35A to add Commentary .06, 7.35B to add Commentary
.03, 76 to add Supplementary Material 20, and Supplementary Material
.30 to Rule 36).
    \8\ See Securities Exchange Act Release No. 89199 (June 30,
2020), 85 FR 40718 (July 7, 2020) (SR-NYSE-2020-56) (Notice of
filing and immediate effectiveness of proposed rule change to extend
the temporary period for Commentaries to Rules 7.35, 7.35A, 7.35B,
and 7.35C, Supplementary Material .20 to Rule 76, and temporary rule
relief to Rules 36.30 to end on the earlier of a full reopening of
the Trading Floor facilities to DMMs or after the Exchange closes on
July 31, 2020).
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Proposed Rule Change
    The Exchange has determined that, during this phase of the partial
reopening of the Trading Floor when both DMMs and Floor brokers have
returned to the Trading Floor with reduced staff, Floor brokers can
resume ``crossing'' transactions pursuant to Rule 76, including the
Cross Function specified in Supplementary Material .10 to Rule 76, in a
manner consistent with the safety measures designed to prevent the
spread of COVID-19.
    Crossing transactions, which require a verbal representation of the
proposed crossing transaction, involve face-to-face interactions on the
Trading Floor. Because such proposed transactions do not happen at set
times during the trading day, they generally do not result in large
numbers of individuals congregating on the Trading Floor. The Exchange
has discussed the resumption of crossing orders with member
organizations that operate DMM units and Floor broker firms that have
returned to the Trading Floor. Based on these discussions, the Exchange
believes that crossing transactions can be resumed in a manner
consistent with both the safety measures required on the Trading Floor,
including the use of cloth face masks or coverings and maintaining at
least six-foot physical distancing from other individuals,\9\ and the
Rule 76 requirement that such proposed transactions be clearly
announced to the trading crowd.
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    \9\ See NYSE IM-20-03, ``Standards of Conduct for the Safety and
Welfare of Persons on the Trading Floor Relating to COVID-19,''
dated May 14, 2020, available here: https://www.nyse.com/publicdocs/nyse/markets/nyse/rule-interpretations/2020/NYSE%20IM%20(5-14-
20)%20-%20Final%20-%20Republished.pdf.
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    To effect this change, the Exchange proposes to lift the temporary
suspension of Rule 76 by deleting Supplementary Material .20 to Rule
76.
    The Exchange would be able to implement the proposed rule change
immediately upon effectiveness of this proposed rule change.
2. Statutory Basis
    The proposed rule change is consistent with Section 6(b) of the

Act,\10\ in general, and furthers the objectives of Section 6(b)(5) of
the Act,\11\ 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.
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    \10\ 15 U.S.C. 78f(b).
    \11\ 15 U.S.C. 78f(b)(5).
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    To reduce the spread of COVID-19, the CEO of the Exchange made a
determination under Rule 7.1(c)(3) that beginning March 23, 2020, the
Trading Floor facilities located at 11 Wall Street in New York City
would close and the Exchange would move, on a temporary basis, to fully
electronic trading. On May 14, 2020, the CEO of the Exchange made a
determination under Rule 7.1(c)(3) that, beginning May 26, 2020, the
Trading Floor would be partially reopened to allow a subset of Floor
brokers to return to the Trading Floor. And on June 15, 2020, the CEO
of the Exchange made a determination under Rule 7.1(c)(3) that,
beginning June 17, 2020, the Trading Floor would be partially reopened
to allow a subset of DMMs to return to the Trading Floor.
    The Exchange believes that the proposed rule change would remove
impediments to and perfect the mechanism of a free and open market and
a national market system because it would permit the resumption of
crossing transactions pursuant to Rule 76, and therefore restore
functionality to Floor brokers. The Exchange believes that crossing
transactions can be resumed on the Trading Floor in a manner consistent
with both the requirements of Rule 76 and the safety measures required
on the Trading Floor, including the use of cloth face masks or
coverings and maintaining at least six-foot physical distancing from
other individuals. The Exchange therefore proposes to lift this
temporary suspension by deleting Supplementary Material .20 to Rule 76.

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

    The Exchange does not believe that the proposed rule change would
impose any burden on competition that is not necessary or appropriate
in furtherance of the purposes of the Act. This proposed rule change is
not designed to address any competitive issues but rather to restore
functionality to Floor brokers by lifting the temporary suspension on
crossing transactions pursuant to Rule 76.

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

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

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

    The Exchange has filed the proposed rule change pursuant to Section
19(b)(3)(A)(iii) of the Act \12\ and Rule 19b-4(f)(6) thereunder.\13\
Because the foregoing proposed rule change does not: (i) Significantly
affect the protection of investors or the public interest; (ii) impose
any significant burden on competition; and (iii) become operative for
30 days from the date on which it was filed, or such shorter time as
the Commission may designate, it has become effective pursuant to
Section 19(b)(3)(A)(iii) of the Act \14\ and subparagraph (f)(6) of
Rule 19b-4 thereunder.\15\
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    \12\ 15 U.S.C. 78s(b)(3)(A)(iii).
    \13\ 17 CFR 240.19b-4(f)(6).
    \14\ 15 U.S.C. 78s(b)(3)(A)(iii).
    \15\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)(iii)
requires a self-regulatory organization to give the Commission
written notice of its 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 fulfilled this requirement.
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    A proposed rule change filed under Rule 19b-4(f)(6) \16\ normally
does not become operative prior to 30 days after the date of the
filing. However, pursuant to Rule 19b4(f)(6)(iii),\17\ the Commission
may designate a shorter time if such action is consistent with the
protection of investors and the public interest. The Exchange has asked
the Commission to waive the 30-day operative delay so that the proposal
may take effect immediately. The Exchange believes that waiver of the
operative delay is consistent with the protection of investors and the
public interest because it will lift a temporary rule suspension and
restore functionality to Floor brokers without any further delay.
Accordingly, the Commission hereby waives the 30-day operative delay
and designates the proposal operative upon filing.\18\
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    \16\ 17 CFR 240.19b-4(f)(6).
    \17\ 17 CFR 240.19b-4(f)(6)(iii).
    \18\ For purposes only of accelerating the operative date of
this proposal, the Commission has considered the proposed rule's
impact on efficiency, competition, and capital formation. 15 U.S.C.
78c(f).
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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. If the Commission
takes such action, the Commission shall institute proceedings under
Section 19(b)(2)(B) \19\ of the Act to determine whether the proposed
rule change should be approved or disapproved.
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    \19\ 15 U.S.C. 78s(b)(2)(B).
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IV. Solicitation of Comments

    Interested persons are invited to submit written data, views, and
arguments concerning the foregoing, including whether the proposed rule
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-NYSE-2020-61 on the subject line.

Paper Comments

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

All submissions should refer to File Number SR-NYSE-2020-61. 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 website (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 website viewing and printing in
the Commission's Public Reference Room, 100 F Street NE, Washington, DC
20549 on official business days between the hours of 10:00 a.m. and
3:00 p.m. Copies of the filing also will be available for inspection
and copying at the principal

office of the Exchange. All comments received will be posted without
change. Persons submitting comments are cautioned that we do not redact
or edit personal identifying information from comment submissions. You
should submit only information that you wish to make available
publicly. All submissions should refer to File Number SR-NYSE-2020-61
and should be submitted on or before August 17, 2020.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\20\
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    \20\ 17 CFR 200.30-3(a)(12).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-16162 Filed 7-24-20; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register Volume 83, Number 234 (Thursday, December 6, 2018)]
[Notices]
[Page 62877]
[FR Doc No: 2018-26381]

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DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

[Docket ID FEMA-2018-0002]

Final Flood Hazard Determinations

AGENCY: Federal Emergency Management Agency, DHS.

ACTION: Notice.

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SUMMARY: Flood hazard determinations, which may include additions or
modifications of Base Flood Elevations (BFEs), base flood depths,
Special Flood Hazard Area (SFHA) boundaries or zone designations, or
regulatory floodways on the Flood Insurance Rate Maps (FIRMs) and where
applicable, in the supporting Flood Insurance Study (FIS) reports have
been made final for the communities listed in the table below.
    The FIRM and FIS report are the basis of the floodplain management
measures that a 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 Federal Emergency Management Agency's (FEMA's)
National Flood Insurance Program (NFIP). In addition, the FIRM and FIS
report are used by insurance agents and others to calculate appropriate
flood insurance premium rates for buildings and the contents of those
buildings.

DATES: The date of March 7, 2019 has been established for the FIRM and,
where applicable, the supporting FIS report showing the new or modified
flood hazard information for each community.

ADDRESSES: The FIRM, and if applicable, the FIS report containing the
final flood hazard information for each community is available for
inspection at the respective Community Map Repository address listed in
the tables below and will be available online through the FEMA Map
Service Center at https://msc.fema.gov by the date indicated above.

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 protected]; or visit the FEMA Map Information
eXchange (FMIX) online at https://www.floodmaps.fema.gov/fhm/fmx_main.html.

SUPPLEMENTARY INFORMATION: The Federal Emergency Management Agency
(FEMA) makes the final determinations listed below for the new or
modified flood hazard information for each community listed.
Notification of these changes has been published in newspapers of local
circulation and 90 days have elapsed since that publication. The Deputy
Associate Administrator for Insurance and Mitigation has resolved any
appeals resulting from this notification.
    This final notice is issued in accordance with section 110 of the
Flood Disaster Protection Act of 1973, 42 U.S.C. 4104, and 44 CFR part
67. FEMA has developed criteria for floodplain management in floodprone
areas in accordance with 44 CFR part 60.
    Interested lessees and owners of real property are encouraged to
review the new or revised FIRM and FIS report available at the address
cited below for each community or online through the FEMA Map Service
Center at https://msc.fema.gov.
    The flood hazard determinations are made final in the watersheds
and/or communities listed in the table below.

    (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.

 Missoula County, Montana and Incorporated Areas Docket No.: FEMA-B-1753
------------------------------------------------------------------------
                                             Community map repository
               Community                             address
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Unincorporated Areas of Missoula County  Missoula County Community and
                                          Planning Services Department,
                                          323 West Alder Street,
                                          Missoula, MT 59802.
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[FR Doc. 2018-26381 Filed 12-4-18; 8:45 am]
 BILLING CODE 9110-12-P


[Federal Register Volume 84, Number 62 (Monday, April 1, 2019)]
[Notices]
[Pages 12306-12307]
[FR Doc No: 2019-06176]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-85420; File No. SR-FINRA-2019-003]

Self-Regulatory Organizations; Financial Industry Regulatory
Authority, Inc.; Order Approving Proposed Rule Change To Allow the
Publication or Distribution of Aggregated Transaction Information and
Statistics on Certain Non-Disseminated TRACE-Eligible Securities

March 26, 2019.

I. Introduction

    On January 29, 2019, the Financial Industry Regulatory Authority,
Inc. (``FINRA'') filed with the Securities and Exchange Commission
(``Commission''), pursuant to Section 19(b)(1) of the Securities
Exchange Act of 1934 (``Act'') \1\ and Rule 19b-4 thereunder,\2\ a
proposed rule change to amend FINRA Rule 6750 to allow the publication
or distribution of aggregated transaction information and statistics on
certain non-disseminated TRACE-Eligible Securities at no charge. The
proposed rule change was published for comment in the Federal Register
on February 13, 2019.\3\ The Commission received no comment letters on
the proposed rule change. This order approves the proposed rule change.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 85073 (February 7,
2019), 84 FR 3842 (February 13, 2019) (``Notice'').
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II. Description of the Proposal

    FINRA Rule 6750(a) provides that FINRA will publicly disseminate
information on all transactions in TRACE-Eligible Securities \4\
immediately upon receipt of a transaction report unless an exception
applies. FINRA Rule 6750(c) sets out those exceptions.\5\ In addition,
FINRA offers a number of real-time and historic TRACE data products on
disseminated transactions for a fee,\6\ and also publishes and
distributes aggregated transaction information and statistics on
disseminated transactions at no charge.\7\
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    \4\ See FINRA Rule 6710(a) (defining ``TRACE-Eligible
Security'').
    \5\ See FINRA Rule 6750(c). FINRA currently will not disseminate
information for non-member affiliate transactions, certain transfers
of proprietary interests, List or Fixed Offering Price or Takedown
Transactions, and transactions in U.S. Treasury Securities and
certain Securitized Products.
    \6\ See FINRA Rule 7730.
    \7\ See Notice, 84 FR at 3842.
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    FINRA has proposed to add Supplementary Material .01 to FINRA Rule
6750 to provide that, notwithstanding FINRA Rule 6750(c), FINRA may, in
its discretion, publish or distribute aggregated transaction
information and statistics on certain non-disseminated TRACE-Eligible
Securities at no charge--unless FINRA submits a rule filing to the
Commission imposing a fee for such data. FINRA stated in the Notice
that it will not identify individual market participants or
transactions or publish aggregated transaction information and
statistics by individual securities. In addition, the proposed rule
change will not apply to U.S. Treasury Securities. FINRA has stated
that the proposed rule change will become effective the date of
Commission approval.\8\
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    \8\ See id. at 3843.
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III. Discussion and Commission Findings

    After careful consideration, the Commission finds that the proposed
rule change is consistent with the requirements of the Act and the
rules and regulations thereunder applicable to a national securities
association.\9\ In particular, the Commission finds that the proposed
rule change is consistent with Section 15A(b)(6) of the Act,\10\ which
requires, among other things, that FINRA rules be designed to prevent
fraudulent and manipulative acts and practices, to promote just and
equitable principles of trade, and, in general, to protect investors
and the public interest. The Commission believes that the proposal will
promote some degree of public transparency, at no cost, for certain
classes of TRACE-Eligible Securities for which individual transactions
are not publicly disseminated. Moreover, the Commission believes that
the proposal is reasonably designed to preserve the confidentiality of
counterparty identities, consistent with the protection of investors
and the public interest.
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    \9\ In approving this proposal, the Commission has considered
the proposed rule's impact on efficiency, competition, and capital
formation. See 15 U.S.C. 78c(f).
    \10\ 15 U.S.C. 78o-3(b)(6).
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IV. Conclusion

    It is therefore ordered, pursuant to Section 19(b)(2) of the
Act,\11\ that the proposed rule change (SR-FINRA-2019-003) is approved.
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    \11\ 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.\12\
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    \12\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-06176 Filed 3-29-19; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register Volume 85, Number 102 (Wednesday, May 27, 2020)]
[Notices]
[Pages 31837-31838]
[FR Doc No: 2020-11284]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-88910; File No. SR-FICC-2020-002]

Self-Regulatory Organizations; Fixed Income Clearing Corporation;
Order Approving a Proposed Rule Change To Amend the Government
Securities Division Rulebook Relating to the Legal Entity Identifier
Requirement

May 20, 2020.

I. Introduction

    On March 25, 2020, Fixed Income Clearing Corporation (``FICC'')
filed with the Securities and Exchange Commission (``Commission''),
pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act'') \1\ and Rule 19b-4 thereunder,\2\ proposed rule change SR-
FICC-2020-002. The proposed rule change was published for comment in
the Federal Register on April 9, 2020.\3\ The Commission did not
receive any comment letters on the proposed rule change. For the
reasons discussed below, the Commission is approving the proposed rule
change.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 88557 (April 3, 2020),
85 FR 19979 (April 9, 2020) (SR-FICC-2020-002) (``Notice'').
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II. Description of the Proposed Rule Change

    FICC proposes to modify its Government Securities Division
(``GSD'') \4\ Rulebook (``Rules'') \5\ to require: (1) Netting and CCIT
Member applicants to obtain and provide a Legal Entity Identifier
(``LEI'') \6\ to FICC as part of its membership application and Netting
and CCIT Members to have a current LEI on file with FICC at all times;
and (2) Sponsoring Member applicants to provide FICC with an LEI for
each Sponsored Member applicant as part of its Sponsoring Member
application and Sponsoring Members to have a current LEI on file with
FICC for each existing Sponsored Member and to provide an LEI for each
newly added Sponsored Member it would like to sponsor into membership.
Additionally, FICC proposes to require any Netting Member, CCIT Member,
or Sponsoring Member who fails to maintain current LEIs on file to
indemnify FICC for any losses and Legal Actions that arise due to that
failure.
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    \4\ FICC operates two divisions, GSD and the Mortgage Backed
Securities Division (``MBSD''). GSD provides trade comparison,
netting, risk management, settlement, and central counterparty
services for the U.S. Government securities market. MBSD provides
the same services for the U.S. mortgage-backed securities market.
GSD and MBSD maintain separate sets of rules, margin models, and
clearing funds. The proposed rule change relates solely to GSD.
    \5\ Capitalized terms not defined herein are defined in the
Rules, available at http://www.dtcc.com/legal/rules-and-procedures.
    \6\ A ``Legal Entity Identifier'' is a 20-character reference
code used to uniquely identify legally distinct entities that engage
in financial transactions. The Legal Entity Identifier is based on
the ISO 17442 standard developed by the International Organization
for Standardization and satisfies the standards implemented by the
Global Legal Entity Identifier Foundation. See https://www.gleif.org/en/about-lei/introducing-the-legal-entity-identifier-lei.
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A. Background

    The Office of Financial Research (``OFR'') of the U.S. Department
of the Treasury has adopted a rule (``OFR Regulation'') establishing a
data collection for centrally cleared transactions in the U.S.
repurchase agreement (``repo'') market.\7\ To facilitate this
collection, OFR requires ``covered reporters,'' defined as certain
central counterparties who clear repo transactions, to submit to OFR
daily reports including trade and collateral information on all repo
transactions cleared through any of its services. FICC meets the
definition of a covered reporter because it acts as the central
counterparty (``CCP'') \8\ in repo transactions cleared through its
services. FICC offers its repo transaction clearing services through
its Netting System services and CCIT Services. To comply with this
requirement, FICC must submit, as part of its daily reports, the LEI of
each clearing member involved in each reported repo transaction.\9\
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    \7\ 84 FR 4975 (February 20, 2019) (hereinafter the
``Release''). The OFR Regulation is codified at 12 CFR part 1610.
    \8\ As a CCP, FICC interposes itself between counterparties to a
repo transaction, acting functionally as the buyer to every seller
and the seller to every buyer to ensure the performance of each
contract. 17 CFR 240.17Ad-22(a)(2).
    \9\ In the Release, OFR recognizes that certain rule changes may
be necessary for a covered reporter like FICC to comply with this
requirement and notes that it expects such covered reporters to
effectuate rulemaking, subject to any necessary regulatory approval,
to require that its participants obtain and provide LEIs to meet a
covered reporter's OFR reporting requirements. Release, supra note
7, at 4980-81.
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    OFR states in the Release that the reporting requirement will
enhance the ability of the Financial Stability Oversight Council
(``Council''),\10\ Council member agencies,\11\ and OFR to identify and
monitor risks to financial stability because the repo market serves a
crucial role in providing short-term funding, among other critical
functions, for U.S. markets.\12\ Specifically, the Release explains
that the LEI requirement will facilitate an understanding of repo
market participants' exposures, concentrations, and network
structures.\13\
---------------------------------------------------------------------------

    \10\ The Council was established by the Dodd-Frank Wall Street
Reform and Consumer Protection Act. The Council is charged with
identifying risks to the financial stability of the United States,
among other things. See https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/fsoc.
    \11\ The Council member agencies are the Board of Governors of
the Federal Reserve System, Commodity Futures Trading Commission,
Federal Deposit Insurance Corporation, Federal Housing Finance
Agency, National Credit Union Administration, Office of the
Comptroller of the Currency, Securities and Exchange Commission,
Treasury Department, and Consumer Financial Protection Bureau. See
https://www.treasury.gov/initiatives/fsoc/about/Pages/FSOC-Member-Agencies.aspx.
    \12\ See Release, supra note 7, at 4975.
    \13\ See id. at 4980.
---------------------------------------------------------------------------

B. Proposed Rule Changes

    Currently, FICC does not require that its Members obtain LEIs or
provide LEIs to FICC either as part of application materials or as a
Member.\14\ FICC proposes to add a new defined term to its Rules for a
Legal Entity Identifier. FICC uses the terminology of the Global Legal
Entity Identifier in defining LEI in its GSD Rules.\15\ Moreover, to
comply with the OFR Regulation, FICC proposes to modify the GSD Rules
to require certain Member applicants and Members to obtain, provide,
and maintain current LEIs on file with FICC in the two following areas.
---------------------------------------------------------------------------

    \14\ See Notice, supra note 3, at 19980.
    \15\ See supra note 6. The Global Legal Entity Identifier
Foundation was established by the Financial Stability Board in June
2014 to support the implementation and use of Legal Entity
Identifiers. The Financial Stability Board is an international body
that monitors and makes recommendations about the global financial
system. www.fsb.org.
---------------------------------------------------------------------------

(1) Netting and CCIT Member Applicants and Members
    FICC proposes to amend the GSD Rules to include the following two
requirements for its Netting Members and CCIT Members and for
applicants to become such Members. First, FICC proposes to amend its
GSD Rules to require each Netting Member applicant and each CCIT Member
applicant to obtain and provide an LEI to FICC as part of its
membership application. This change will be implemented upon Commission
approval.
    Second, FICC proposes to amend its GSD Rules to add language that
would require each Netting Member and each CCIT Member to have a
current LEI on file with FICC at all times. Existing Netting Members
and CCIT Members will have 60 calendar days from the date of the
Commission's approval to submit their LEIs to FICC.
    Additionally, FICC proposes to provide that a Netting Member or
CCIT

Member must indemnify FICC, among others (collectively, the ``LEI
Indemnified Parties''), for any and all losses, liabilities, expenses,
and Legal Actions \16\ suffered or incurred by the LEI Indemnified
Parties arising from a Netting Member's or CCIT Member's failure to
have its current LEI on file with FICC. FICC states that the proposed
indemnity clause is appropriate because, in fulfilling its regulatory
obligations under the OFR Regulation, FICC would be relying upon
Netting Members and CCIT Members to keep their LEI on file with FICC
current.\17\
---------------------------------------------------------------------------

    \16\ The proposed rule change would define ``Legal Action,'' to
mean and include any claim, counterclaim, demand, action, suit,
countersuit, arbitration, inquiry, proceeding or investigation
before any federal, state or foreign court or other tribunal, or any
investigative or regulatory agency or self-regulatory organization.
Notice, supra note 3, at 19980.
    \17\ See id.
---------------------------------------------------------------------------

(2) Sponsoring Members Applicants and Members
    FICC proposes to amend the GSD Rules to include the following three
requirements for its Sponsoring Member applicants and Sponsoring
Members. First, each Netting Member or CCIT Member who submits an
application to FICC in order to become a Sponsoring Member must submit
the LEIs of its Sponsored Member applicants as part of the Sponsoring
Member application. This change will be implemented upon Commission
approval.
    Second, each Sponsoring Member must provide the LEI for each of its
existing Sponsored Members so that FICC has a current LEI for each such
Sponsored Member at all times. For existing Sponsored Members,
Sponsoring Members will have 60 calendar days from the date of the
Commission's approval to submit the LEIs to FICC. Third, each
Sponsoring Member must provide the LEI for any new Sponsored Member it
wishes to sponsor into membership as a Sponsored Member. This change
will be implemented upon Commission approval.
    Additionally, FICC proposes to include an indemnity clause, as
described above, for Sponsoring Members because, like Netting Members
and CCIT Members, FICC would be relying on the Sponsoring Members to
keep Sponsored Member LEIs on file with FICC current.\18\
---------------------------------------------------------------------------

    \18\ See id. at 19981.
---------------------------------------------------------------------------

III. Discussion and Commission Findings

    Section 19(b)(2)(C) of the Act \19\ 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 Act and rules and regulations thereunder applicable
to such organization. After careful consideration, the Commission finds
that the proposed rule change is consistent with the requirements of
the Act and the rules and regulations thereunder applicable to FICC. In
particular, the Commission finds that the proposed rule change is
consistent with Section 17A(b)(3)(F) of the Act,\20\ for the reasons
described below.
---------------------------------------------------------------------------

    \19\ 15 U.S.C. 78s(b)(2)(C).
    \20\ 15 U.S.C. 78q-1(b)(3)(F).
---------------------------------------------------------------------------

    Section 17A(b)(3)(F) of the Act requires, in part, that clearing
agency rules be designed to protect investors and the public
interest.\21\ As stated in Section II.A above, the OFR Regulation will
enhance the ability of the Council to identify and monitor risks to
financial stability because the repo market serves a crucial role in
providing short-term funding, among other critical functions, for U.S.
markets. Specifically, the LEI requirement will facilitate an
understanding of repo market participants' exposures, concentrations,
and network structures. Therefore, the Commission believes the proposed
rule change could serve to protect investors and the public interest.
---------------------------------------------------------------------------

    \21\ Id.
---------------------------------------------------------------------------

IV. Conclusion

    On the basis of the foregoing, the Commission finds that the
proposed rule change is consistent with the requirements of the Act
and, in particular, with the requirements of Section 17A of the Act
\22\ and the rules and regulations promulgated thereunder.
---------------------------------------------------------------------------

    \22\ 15 U.S.C. 78q-1.
---------------------------------------------------------------------------

    It is therefore ordered, pursuant to Section 19(b)(2) of the Act
\23\ that proposed rule change SR-FICC-2020-002, be, and hereby is,
APPROVED.\24\
---------------------------------------------------------------------------

    \23\ 15 U.S.C. 78s(b)(2).
    \24\ In approving the proposed rule change, the Commission
considered the proposals' impact on efficiency, competition, and
capital formation. 15 U.S.C. 78c(f).

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\25\
---------------------------------------------------------------------------

    \25\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-11284 Filed 5-26-20; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register Volume 81, Number 8 (Wednesday, January 13, 2016)]
[Proposed Rules]
[Pages 1588-1590]
[FR Doc No: 2016-00003]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. FAA-2015-8432; Directorate Identifier 2015-NM-100-AD]
RIN 2120-AA64

Airworthiness Directives; Saab AB, Saab Aeronautics (Formerly
Known as Saab AB, Saab Aerosystems) Airplanes

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice of proposed rulemaking (NPRM).

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

SUMMARY: We propose to adopt a new airworthiness directive (AD) for
certain Saab AB, Saab Aeronautics Model 340A (SAAB/SF340A) and SAAB
340B airplanes. This proposed AD was prompted by reports of ruptured
horizontal stabilizer de-icing boots. This proposed AD would require a
revision of the applicable airplane flight manual (AFM), repetitive
inspections of the horizontal stabilizer de-icing boots, and applicable
corrective actions. We are proposing this AD to detect and correct
damage of the de-icing boot; such damage could lead to a ruptured boot,
severe vibrations, and possible reduced control of the airplane.

DATES: We must receive comments on this proposed AD by February 29,
2016.

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, between 9 a.m. and 5 p.m., Monday
through Friday, except Federal holidays.
    For service information identified in this proposed AD, contact
Saab AB, Saab Aeronautics, SE-581 88, Link[ouml]ping, Sweden; telephone
+46 13 18 5591; fax +46 13 18 4874; email
<EMAIL_ADDRESS>Internet http://www.saabgroup.com.
You may view this referenced service information at the FAA, Transport
Airplane Directorate, 1601 Lind Avenue SW., Renton, WA. For information
on the availability of this material at the FAA, call<PHONE_NUMBER>.

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-2015-
8432; or in person at the Docket Management Facility between 9 a.m. and
5 p.m., Monday through Friday, except Federal holidays. The AD docket
contains this proposed AD, the regulatory evaluation, any comments
received, and other information. The street address for the Docket
Operations office (telephone<PHONE_NUMBER>) is in the ADDRESSES section.
Comments will be available in the AD docket shortly after receipt.

FOR FURTHER INFORMATION CONTACT: Shahram Daneshmandi, Aerospace
Engineer, International Branch, ANM-116, Transport Airplane
Directorate, FAA, 1601 Lind Avenue SW., Renton, WA 98057-3356;
telephone<PHONE_NUMBER>; fax<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION:

Comments Invited

    We invite you to send any written relevant data, views, or
arguments about this proposed AD. Send your comments to an address
listed under the ADDRESSES section. Include ``Docket No. FAA-2015-8432;
Directorate Identifier 2015-NM-100-AD'' at the beginning of your
comments. We specifically invite comments on the overall regulatory,
economic, environmental, and energy aspects of this proposed AD. We
will consider all comments received by the closing date and may amend
this proposed AD based on those comments.
    We will post all comments we receive, without change, to http://www.regulations.gov, including any personal information you provide. We
will also post a report summarizing each substantive verbal contact we
receive about this proposed AD.

Discussion

    The European Aviation Safety Agency (EASA), which is the Technical
Agent for the Member States of the European Union, has issued EASA
Airworthiness Directive 2015-0129, dated July 6, 2015 (referred to
after this as the Mandatory Continuing Airworthiness Information, or
``the MCAI''), to correct an unsafe condition for certain Saab AB, Saab
Aeronautics Model 340A (SAAB/SF340A) and SAAB 340B airplanes. The MCAI
states:

    There have been some reported events of ruptured horizontal
stabilizer de-icing boots. In-flight rupture of a de-icing boot will
result in complete loss of the de-icing function within its
associated zone. In addition, in some of these events, the de-icing
boot had formed a large open scoop.
    This condition, if not detected and corrected, could lead to
severe vibrations, possibly resulting in reduced control of the
aeroplane.
    To address this potential unsafe condition, SAAB issued Alert
Operations Bulletin (AOB) No.12 and AOB No. 23 as a temporary
measure, recommending performing a flap 0 landing in the event of a
suspected rupture of the de-icing boot on the horizontal stabilizer.
    In addition, SAAB issued SB 340-30-094 to provide instructions
to inspect the affected de-icing boots.
    For the reasons described above, this [EASA] AD requires an
amendment of the applicable Airplane Flight Manual (AFM) and,
pending the development of a modification by SAAB, repetitive
inspections of the horizontal stabilizer de-icing boots and,
depending on findings, accomplishment of applicable corrective
action(s).
    This [EASA] AD is considered to be an interim action and further
AD action may follow.

    You may examine the MCAI in the AD docket on the Internet at http://www.regulations.gov by searching for

and locating Docket No. FAA-2015-8432.

Related Service Information Under 1 CFR Part 51

    Saab AB, Saab Aeronautics has issued Saab Service Bulletin 340-30-
094, dated March 27, 2015. The service information describes procedures
for repetitive detailed inspections of the de-icing boots installed on
the horizontal stabilizers, and repair and replacement of damaged de-
icing boots.
    Saab AB, Saab Aeronautics has issued the following AFMs, which
describe performance limitations and general data:
     Saab AFM 340A 001, Revision 57, dated March 27, 2015.
     Saab AFM 340B 001, Revision 35, dated March 27, 2015.
     Saab AFM 340B 010, Revision 28, dated March 27, 2015.
    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.

FAA's Determination and Requirements of This Proposed AD

    This product has been approved by the aviation authority of another
country, and is approved for operation in the United States. Pursuant
to our bilateral agreement with the State of Design Authority, we have
been notified of the unsafe condition described in the MCAI and service
information referenced above. We are proposing this AD because we
evaluated all pertinent information and determined an unsafe condition
exists and is likely to exist or develop on other products of the same
type design.

Costs of Compliance

    We estimate that this proposed AD affects 92 airplanes of U.S.
registry.
    We also estimate that it would take about 6 work-hours per product
to comply with the basic requirements of this proposed AD. The average
labor rate is $85 per work-hour. Required parts would cost about $0 per
product. Based on these figures, we estimate the cost of this proposed
AD on U.S. operators to be $46,920, or $510 per product.
    In addition, we estimate that any necessary follow-on actions would
take about 6 work-hours and require parts costing $9,500, for a cost of
$10,010 per product. We have no way of determining the number of
aircraft that might need these actions.

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.
    We are issuing this rulemaking under the authority described in
``Subtitle VII, Part A, Subpart III, Section 44701: General
requirements.'' Under that section, Congress charges the FAA with
promoting safe flight of civil aircraft in air commerce by prescribing
regulations for practices, methods, and procedures the Administrator
finds necessary for safety in air commerce. This regulation is within
the scope of that authority because it addresses an unsafe condition
that is likely to exist or develop on products identified in this
rulemaking action.

Regulatory Findings

    We determined that this proposed AD would not have federalism
implications under Executive Order 13132. This proposed AD would not
have a substantial direct effect on the States, on the relationship
between the national Government and the States, or on the distribution
of power and responsibilities among the various levels of government.
    For the reasons discussed above, I certify this proposed
regulation:
    1. Is not a ``significant regulatory action'' under Executive Order
12866;
    2. Is not a ``significant rule'' under the DOT Regulatory Policies
and Procedures (44 FR 11034, February 26, 1979);
    3. Will not affect intrastate aviation in Alaska; and
    4. Will not have a significant economic impact, positive or
negative, on a substantial number of small entities under the criteria
of the Regulatory Flexibility Act.

List of Subjects in 14 CFR Part 39

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

The Proposed Amendment

    Accordingly, under the authority delegated to me by the
Administrator, the FAA proposes to amend 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 adding the following new airworthiness
directive (AD):

Saab AB, Saab Aeronautics (Formerly Known as Saab Aerosystems):
Docket No. FAA-2015-8432; Directorate Identifier 2015-NM-100-AD.

(a) Comments Due Date

    We must receive comments by February 29, 2016.

(b) Affected ADs

    None.

(c) Applicability

    This AD applies to Saab AB, Saab Aeronautics (formerly known as
Saab Aerosystems) airplanes, certificated in any category,
identified in paragraphs (c)(1) and (c)(2) of this AD.
    (1) Model 340A (SAAB/SF340A) airplanes, serial numbers (S/N) 004
through 138 inclusive, on which Saab Modification 1462 has been
embodied in production, or Saab Service Bulletin 340-55-008 has been
embodied in service, except those on which Saab Modification 1793
has also been embodied in production, or Saab Service Bulletin 340-
55-010 has been embodied in service; and Model 340A (SAAB/SF340A)
airplanes, S/Ns 139 through 159 inclusive. Applicable Model 340A
(SAAB/SF340A) airplanes S/N 004-138, Post Modification No. 1462 but
Pre Modification No. 1793, have a maximum flap setting of 35 degrees
instead of 20 degrees, and horizontal stabilizer boots with spanwise
tubes instead of chordwise tubes.
    (2) Model SAAB 340B airplanes, S/Ns 160 through 459 inclusive.

(d) Subject

    Air Transport Association (ATA) of America Code 30, Ice and Rain
Protection.

(e) Reason

    This AD was prompted by reports of ruptured horizontal
stabilizer de-icing boots. We are issuing this AD to detect and
correct damage of the de-icing boot; such damage could lead to a
ruptured boot, severe vibrations, and possible reduced control of
the airplane.

(f) Compliance

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

(g) Revision of the Airplane Flight Manual (AFM)

    Within 30 days after the effective date of this AD, revise the
``Abnormal Procedures'' section of the applicable Saab 340 AFM to
incorporate the revision specified in paragraphs (g)(1) through
(g)(3) of this AD.
    (1) For Saab AB, Saab Aeronautics Model 340A (SAAB/SF340A)
airplanes, revise AFM 340A 001 by incorporating Revision 57, dated
March 27, 2015.
    (2) For Saab AB, Saab Aeronautics Model SAAB 340B airplanes,
revise AFM 340B 001 by incorporating Revision 35, dated March 27,
2015.
    (3) For Saab AB, Saab Aeronautics Model SAAB 340B airplanes with
extended wing tips, revise AFM 340B 010 by incorporating Revision
28, dated March 27, 2015.

(h) Inspection/Replacement

    Within 400 flight hours or 6 months, whichever occurs first
after the effective date of this AD, do a detailed inspection for
damage of the horizontal stabilizer de-icing boots, in accordance
with Saab Service Bulletin 340-30-094, dated March 27, 2015. Repeat
the inspection thereafter at intervals not to exceed 400 flight
hours. If, during any inspection required by this paragraph, any
damage outside the limits specified in Saab Service Bulletin 340-30-
094, dated March 27, 2015, is found, before further flight, repair
or replace the horizontal stabilizer de-icing boots, in accordance
with the Accomplishment Instructions of Saab Service Bulletin 340-
30-094, dated March 27, 2015. Repair or replacement on an airplane
of the horizontal stabilizer de-icing boots, as required by this
paragraph, does not constitute terminating action for the repetitive
inspections required by this paragraph for that airplane.

(i) Other FAA AD Provisions

    The following provisions also apply to this AD:
    (1) Alternative Methods of Compliance (AMOCs): The Manager,
International Branch, ANM-116, Transport Airplane Directorate, 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 International Branch, send it to ATTN: Shahram
Daneshmandi, Aerospace Engineer, International Branch, ANM-116,
Transport Airplane Directorate, FAA, 1601 Lind Avenue SW., Renton,
WA 98057-3356; telephone<PHONE_NUMBER>; fax<PHONE_NUMBER>. Information
may be emailed to<EMAIL_ADDRESS>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. The
AMOC approval letter must specifically reference this AD.
    (2) Contacting the Manufacturer: For any requirement in this AD
to obtain corrective actions from a manufacturer, the action must be
accomplished using a method approved by the Manager, International
Branch, ANM-116, Transport Airplane Directorate, FAA; or the
European Aviation Safety Agency (EASA); or Saab AB, Saab
Aeronautics' EASA Design Organization Approval (DOA). If approved by
the DOA, the approval must include the DOA-authorized signature.

(j) Related Information

    (1) Refer to Mandatory Continuing Airworthiness Information
(MCAI) EASA Airworthiness Directive 2015-0129, dated July 6, 2015,
for related information. This MCAI may be found in the AD docket on
the Internet at http://www.regulations.gov by searching for and
locating Docket No. FAA-2015-8432.
    (2) For service information identified in this AD, contact Saab
AB, Saab Aeronautics, SE-581 88, Link[ouml]ping, Sweden; telephone
+46 13 18 5591; fax +46 13 18 4874; email
<EMAIL_ADDRESS>Internet http://www.saabgroup.com.
You may view this service information at the FAA, Transport Airplane
Directorate, 1601 Lind Avenue SW., Renton, WA. For information on
the availability of this material at the FAA, call<PHONE_NUMBER>.

    Issued in Renton, Washington, on December 29, 2015.
Philip Forde,
Acting Manager, Transport Airplane Directorate, Aircraft Certification
Service.
[FR Doc. 2016-00003 Filed 1-12-16; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 86, Number 135 (Monday, July 19, 2021)]
[Rules and Regulations]
[Pages 37911-37914]
[FR Doc No: 2021-15273]

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DEPARTMENT OF HOMELAND SECURITY

Coast Guard

33 CFR Part 165

[Docket Number USCG-2021-0495]
RIN 1625-AA00

Safety Zone; Ohio River, Olmsted, IL

AGENCY: Coast Guard, DHS.

ACTION: Interim final rule and request for comments.

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

SUMMARY: The Coast Guard is establishing a temporary safety zone on a
portion of the Ohio River in Olmsted, IL. This action is necessary to
protect

personnel, vessels, and the marine environment from potential hazards
created by the demolition of Lock and Dam 53 involving explosives.
Entry of vessels or persons into this zone is prohibited unless
specifically authorized by the Captain of the Port Ohio Valley or a
designated representative.

DATES: This rule is effective without actual notice from July 19, 2021
through December 1, 2021. For the purposes of enforcement, actual
notice will be used from July 14, 2021 until July 19, 2021. Comments
and related material must be received by the Coast Guard on or before
August 18, 2021.

ADDRESSES: To view documents mentioned in this preamble as being
available in the docket, go to https://www.regulations.gov, type USCG-
2021-0495 in the ``SEARCH'' box and click ``SEARCH.'' Click on Open
Docket Folder on the line associated with this rule. You may submit
comments identified by docket number USCG-2021-0495 using the Federal
Decision Making Portal at https://www.regulations.gov. See the ``Public
Participation and Request for Comments'' portion of the SUPPLEMENTARY
INFORMATION section for further instructions on submitting comments.

FOR FURTHER INFORMATION CONTACT: If you have questions about this
rulemaking, call or email MST1, Andrew Lagarce, MSU Paducah, U.S. Coast
Guard; telephone<PHONE_NUMBER> ext. 2120, email<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION:

I. Table of Abbreviations

CFR Code of Federal Regulations
DHS Department of Homeland Security
FR Federal Register
NPRM Notice of proposed rulemaking
Sec.  Section
U.S.C. United States Code

II. Background, Purpose, and Legal Basis

    The Coast Guard is issuing this temporary rule without prior notice
and opportunity to comment pursuant to authority under section 4(a) of
the Administrative Procedure Act (APA) (5 U.S.C. 553(b)). This
provision authorizes an agency to issue a rule without prior notice and
opportunity to comment when the agency for good cause finds that those
procedures are ``impracticable, unnecessary, or contrary to the public
interest.'' Under 5 U.S.C. 553(b)(B), the Coast Guard finds that good
cause exists for not publishing a notice of proposed rulemaking (NPRM)
with respect to this rule because it is impracticable.
    It is impracticable to publish an NPRM because this safety zone
must be established by July 14, 2021, and we lack sufficient time to
provide a reasonable comment period and then consider those comments
before issuing the rule.
    Under 5 U.S.C. 553(d)(3), the Coast Guard finds that good cause
exists for making this interim rule effective less than 30 days after
publication in the Federal Register. For the same reasons discussed in
the preceding paragraph, a 30 day delay of the effective date would be
contrary to public interest because action is needed to respond to the
potential safety hazards associated with the demolition of Lock and Dam
53 involving explosives beginning July 14, 2021.
    The purpose of this rulemaking is to ensure the safety of
personnel, vessels, and the marine environment in the navigable waters
of the Ohio River from mile marker (MM) 961 to MM 964.6 before, during,
and after the demolition of Lock and Dam 53 involving explosives. The
Coast Guard is establishing this rulemaking under authority in 46
U.S.C. 70034 (previously 33 U.S.C. 1231).

III. Discussion of the Rule

    This rule establishes a temporary safety zone that covers all
navigable waters of the Ohio River from MM 961 to MM 964.6. This rule
will be enforced every day at midday from July 14, 2021 through
December 1, 2021 as necessary to facilitate safe demolition of Lock and
Dam 53. Broadcast Notices to Mariners (BNM) will be issued six hours
prior to the start of blasting to notify the public that the safety
zone is being enforced. Vessels will be able to transit the safety zone
when explosives are not being detonated. This safety zone is intended
to protect personnel, vessels, and the marine environment in these
navigable waters during the detonation of explosives for the
demolition. No vessel or person will be permitted to enter the safety
zone without obtaining permission from the COTP or a designated
representative during demolition operations involving explosives.

IV. Regulatory Analyses

    We developed this rule after considering numerous statutes and
Executive orders related to rulemaking. Below we summarize our analyses
based on a number of these statutes and Executive orders, and we
discuss First Amendment rights of protestors.

A. Regulatory Planning and Review

    Executive Orders 12866 and 13563 direct agencies to assess the
costs and benefits of available regulatory alternatives and, if
regulation is necessary, to select regulatory approaches that maximize
net benefits. This NPRM has not been designated a ``significant
regulatory action,'' under Executive Order 12866. Accordingly, the NPRM
has not been reviewed by the Office of Management and Budget (OMB).
    This regulatory action determination is based on the size,
location, duration, and time-of-day of the safety zone. This safety
zone will only be enforced daily for a short period of time and only
impact a small portion of the Ohio River. Additionally, this safety
zone will only be enforced in daytime hours during the demolition
operations of the Lock and Dam 53. Vessels may seek permission to
transit safety through the area from the COTP or a designated
reperesentative.

B. Impact on Small Entities

    The Regulatory Flexibility Act of 1980, 5 U.S.C. 601-612, as
amended, requires Federal agencies to consider the potential impact of
regulations on small entities during rulemaking. The term ``small
entities'' comprises small businesses, not-for-profit organizations
that are independently owned and operated and are not dominant in their
fields, and governmental jurisdictions with populations of less than
50,000. The Coast Guard certifies under 5 U.S.C. 605(b) that this rule
would not have a significant economic
    While some owners or operators of vessels intending to transit the
safety zone may be small entities, for the reasons stated in section
IV.A above, this rule would not have a significant economic impact on
any vessel owner or operator.
    If you think that your business, organization, or governmental
jurisdiction qualifies as a small entity and that this rule would have
a significant economic impact on it, please submit a comment (see
ADDRESSES) explaining why you think it qualifies and how and to what
degree this rule would economically affect it.
    Under section 213(a) of the Small Business Regulatory Enforcement
Fairness Act of 1996 (Pub. L. 104-121), we want to assist small
entities in understanding this rule. If the rule would affect your
small business, organization, or governmental jurisdiction and you have
questions concerning its provisions or options for compliance, please
call or email the

person listed in the FOR FURTHER INFORMATION CONTACT section. The Coast
Guard will not retaliate against small entities that question or
complain about this rule or any policy or action of the Coast Guard.

C. Collection of Information

    This rule would not call for a new collection of information under
the Paperwork Reduction Act of 1995 (44 U.S.C. 3501-3520).

D. Federalism and Indian Tribal Governments

    A rule has implications for federalism under Executive Order 13132
(Federalism), if it has 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. We have analyzed this rule under that Order and have
determined that it is consistent with the fundamental federalism
principles and preemption requirements described in Executive Order
13132.
    Also, this rule does not have tribal implications under Executive
Order 13175 (Consultation and Coordination with Indian Tribal
Governments) because it would not have a substantial direct effect on
one or more Indian tribes, on the relationship between the Federal
Government and Indian tribes, or on the distribution of power and
responsibilities between the Federal Government and Indian tribes. If
you believe this rule has implications for federalism or Indian tribes,
please call or email the person listed in the FOR FURTHER INFORMATION
CONTACT section.

E. Unfunded Mandates Reform Act

    The Unfunded Mandates Reform Act of 1995 (2 U.S.C. 1531-1538)
requires Federal agencies to assess the effects of their discretionary
regulatory actions. In particular, the Act addresses actions that may
result in the expenditure by a State, local, or tribal government, in
the aggregate, or by the private sector of $100,000,000 (adjusted for
inflation) or more in any one year. Though this rule would not result
in such an expenditure, we do discuss the effects of this rule
elsewhere in this preamble.

F. Environment

    We have analyzed this rule under Department of Homeland Security
Directive 023-01, Rev. 1, associated implementing instructions, and
Environmental Planning COMDTINST 5090.1 (series), which guide the Coast
Guard in complying with the National Environmental Policy Act of 1969
(42 U.S.C. 4321-4370f), and have made a preliminary determination that
this action is one of a category of actions that do not individually or
cumulatively have a significant effect on the human environment. This
rule involves involves a temporary safety zone for the demolition of
Lock and Dam 53 involving explosives on the Ohio River in Olmsted, IL.
Normally such actions are categorically excluded from further review
under paragraph L60(a) of Appendix A, Table 1 of DHS Instruction Manual
023-01-001-01, Rev. 1. A preliminary Record of Environmental
Consideration supporting this determination is available in the docket.
For instructions on locating the docket, see the ADDRESSES section of
this preamble. We seek any comments or information that may lead to the
discovery of a significant environmental impact from this rule.

G. Protest Activities

    The Coast Guard respects the First Amendment rights of protesters.
Protesters are asked to call or email the person listed in the FOR
FURTHER INFORMATION CONTACT section to coordinate protest activities so
that your message can be received without jeopardizing the safety or
security of people, places, or vessels.

V. Public Participation and Request for Comments

    We view public participation as essential to effective rulemaking,
and will consider all comments and material received during the comment
period. Your comment can help shape the outcome of this rulemaking. If
you submit a comment, please include the docket number for this
rulemaking, indicate the specific section of this document to which
each comment applies, and provide a reason for each suggestion or
recommendation.
    Submitting comments. We encourage you to submit comments through
the Federal Decision Making Portal at https://www.regulations.gov. To
do so, go to https://www.regulations.gov, type USCG-2021-0495 in the
search box and click ``Search.'' Next, look for this document in the
Search Results column, and click on it. Then click on the Comment
option. If you cannot submit your material by using https://www.regulations.gov, call or email the person in the FOR FURTHER
INFORMATION CONTACT section of this rule for alternate instructions.
    Viewing material in docket. To view documents mentioned in this
rule as being available in the docket, find the docket as described in
the previous paragraph, and then select ``Supporting & Related
Material'' in the Document Type column. Public comments will also be
placed in our online docket and can be viewed by following instructions
on the https://www.regulations.gov Frequently Asked Questions web page.
We review all comments received, but we will only post comments that
address the topic of the rule. We may choose not to post off-topic,
inappropriate, or duplicate comments that we receive.
    Personal information. We accept anonymous comments. Comments we
post to https://www.regulations.gov will include any personal
information you have provided. For more about privacy and submissions
to the docket in response to this document, see DHS's eRulemaking
System of Records notice (85 FR 14226, March 11, 2020).

List of Subjects in 33 CFR Part 165

    Harbors, Marine safety, Navigation (water), Reporting and
recordkeeping requirements, Security measures, Waterways.

    For the reasons discussed in the preamble, the Coast Guard amends
33 CFR part 165 as follows:

PART 165--REGULATED NAVIGATION AREAS AND LIMITED ACCESS AREAS

0
1. The authority citation for part 165 continues to read as follows:

    Authority: 46 U.S.C. 70034, 70051; 33 CFR 1.05-1, 6.04-1, 6.04-
6, and 160.5; Department of Homeland Security Delegation No. 0170.1.

0
2. Add Sec.  165.T08-0495 to read as follows:

Sec.  165.T08-0495  Safety Zone; Ohio River, Olmsted, IL

    (a) Location. The safety zone will cover all navigable waters of
the Ohio River from mile marker (MM) 961 to MM 964.6.
    (b) Effective period. This section is effective without actual
notice from July 19, 2021 until December 1, 2021. For the purposes of
enforcement, actual notice will be used from July 14, 2021 until July
19, 2021.
    (c) Enforcement period. This section will be enforced daily at
midday from July 14, 2021 through December 1, 2021, as necessary to
facilitate safe demolition operations.
    (d) Regulations. (1) In accordance with the general regulations in
Sec.  165.23 of this part, entry of vessels or persons into the zone is
prohibited unless specifically authorized by the Captain of the Port
Sector Ohio Valley (COTP) or designated representative. A designated
representative is a commissioned, warrant, or petty officer of the U.S.

Coast Guard assigned to units under the operational control of USCG
Sector Ohio Valley.
    (2) Vessels requiring entry into the safety zone must request
permission from the COTP or a designated representative. To seek entry
into the safety zone, contact the COTP or the COTP's representative by
telephone at<PHONE_NUMBER> or on VHF-FM channel 16.
    (3) Persons and vessels permitted to enter the safety zone must
transit at their slowest safe speed and comply with all lawful
directions issued by the COTP or the designated representative.
    (d) Information broadcasts. The COTP or a designated representative
will inform the public when the safety zone is being enforced via a
Broadcast Notices to Mariners.

    Dated: July 13, 2021.
A.M. Beach,
Captain, U.S. Coast Guard, Captain of the Port Sector Ohio Valley.
[FR Doc. 2021-15273 Filed 7-16-21; 8:45 am]
BILLING CODE 9110-04-P


[Federal Register Volume 87, Number 54 (Monday, March 21, 2022)]
[Proposed Rules]
[Pages 15896-15899]
[FR Doc No: 2022-05524]

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

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. FAA-2022-0160; Project Identifier AD-2022-00009-E]
RIN 2120-AA64

Airworthiness Directives; CFM International, S.A. Turbofan
Engines

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice of proposed rulemaking (NPRM).

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

SUMMARY: The FAA proposes to adopt a new airworthiness directive (AD)
for certain CFM International, S.A. (CFM) LEAP-1A model turbofan
engines. This proposed AD was prompted by reports of two in-flight
shutdowns (IFSDs) and subsequent investigation by the manufacturer that
revealed cracks in the high-pressure turbine (HPT) rotor stage 1
blades. This proposed AD would require initial and repetitive borescope
inspections (BSIs) of the HPT rotor stage 1 blades and HPT stator stage
1 nozzle set. Depending on the results of the BSIs, this proposed AD
would require either additional BSIs at reduced intervals or
replacement of the HPT rotor stage 1 blades or HPT stator stage 1
nozzle set. This proposed AD would also require sending the inspection
results to CFM if any unserviceable finding is found. The FAA is
proposing this AD to address the unsafe condition on these products.

DATES: The FAA must receive comments on this proposed AD by May 5,
2022.

ADDRESSES: You may send comments, using the procedures found in 14 CFR
11.43 and 11.45, by any of the following methods:
     Federal eRulemaking Portal: Go to https://www.regulations.gov. Follow the instructions for submitting comments.
     Fax:<PHONE_NUMBER>.
     Mail: U.S. Department of Transportation, Docket
Operations, M-30, West Building Ground Floor, Room W12-140, 1200 New
Jersey Avenue SE, Washington, DC 20590.
     Hand Delivery: Deliver to Mail address above between 9
a.m. and 5

p.m., Monday through Friday, except Federal holidays.
    For service information identified in this NPRM, contact CFM
International, S.A., Aviation Operations Center, 1 Neumann Way, M/D
Room 285, Cincinnati, OH 45125; phone:<PHONE_NUMBER>; email:
[email protected]. You may view this service information at
the FAA, Airworthiness Products Section, Operational Safety Branch,
1200 District Avenue, Burlington, MA 01803. For information on the
availability of this material at the FAA, call<PHONE_NUMBER>.

Examining the AD Docket

    You may examine the AD docket at https://www.regulations.gov by
searching for and locating Docket No. FAA-2022-0160; 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 NPRM, any comments
received, and other information. The street address for Docket
Operations is listed above.

FOR FURTHER INFORMATION CONTACT: Mehdi Lamnyi, Aviation Safety
Engineer, ECO Branch, FAA, 1200 District Avenue, Burlington, MA 01803;
phone:<PHONE_NUMBER>; email: [email protected].

SUPPLEMENTARY INFORMATION:

Comments Invited

    The FAA invites you to send any written relevant data, views, or
arguments about this proposal. Send your comments to an address listed
under ADDRESSES. Include ``Docket No. FAA-2022-0160; Project Identifier
AD-2022-00009-E'' at the beginning of your comments. The most helpful
comments reference a specific portion of the proposal, explain the
reason for any recommended change, and include supporting data. The FAA
will consider all comments received by the closing date and may amend
this proposal because of those comments.
    Except for Confidential Business Information (CBI) as described in
the following paragraph, and other information as described in 14 CFR
11.35, the FAA will post all comments received, without change, to
https://www.regulations.gov, including any personal information you
provide. The agency will also post a report summarizing each
substantive verbal contact received about this NPRM.

Confidential Business Information

    CBI is commercial or financial information that is both customarily
and actually treated as private by its owner. Under the Freedom of
Information Act (FOIA) (5 U.S.C. 552), CBI is exempt from public
disclosure. If your comments responsive to this NPRM contain commercial
or financial information that is customarily treated as private, that
you actually treat as private, and that is relevant or responsive to
this NPRM, it is important that you clearly designate the submitted
comments as CBI. Please mark each page of your submission containing
CBI as ``PROPIN.'' The FAA will treat such marked submissions as
confidential under the FOIA, and they will not be placed in the public
docket of this NPRM. Submissions containing CBI should be sent to Mehdi
Lamnyi, Aviation Safety Engineer, ECO Branch, FAA, 1200 District
Avenue, Burlington, MA 01803. Any commentary that the FAA receives
which is not specifically designated as CBI will be placed in the
public docket for this rulemaking.

Background

    The FAA received reports of two single-engine IFSDs on airplanes
powered by LEAP-1A model turbofan engines, operating extensively in the
Middle East and North Africa (MENA) region. A post-flight BSI of the
HPT module revealed that the engine failures were due to cracks in the
HPT rotor stage 1 blades. After investigation, the manufacturer
determined that engines operating in the MENA region are susceptible to
accelerated HPT rotor stage 1 blade deterioration and airfoil distress
due to the build-up of dust. This unsafe condition, if not addressed,
could result in failure of the engine, in-flight shutdown, loss of
thrust control, and loss of the airplane.

FAA's Determination

    The FAA is issuing this NPRM after determining that the unsafe
condition described previously is likely to exist or develop on other
products of the same type design.

Related Service Information Under 1 CFR Part 51

    The FAA reviewed CFM Service Bulletin (SB) LEAP-1A-72-00-0461-01A-
930A-D, Issue 002-00, dated December 21, 2021. This SB specifies
procedures for performing a BSI of the HPT rotor stage 1 blades and HPT
stator stage 1 nozzle set for LEAP-1A model turbofan engines operating
in the MENA region, performing all applicable corrective actions, and
reporting any unserviceable results to CFM. 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
ADDRESSES.

Proposed AD Requirements in This NPRM

    This proposed AD would require initial and repetitive BSIs of the
HPT rotor stage 1 blades and HPT stator stage 1 nozzle set and,
depending on the results of the inspections, additional BSIs at reduced
intervals or replacement of the HPT rotor stage 1 blades or HPT stator
stage 1 nozzle set. This proposed AD would also require a BSI of the
HPT rotor stage 1 blades and HPT stator stage 1 nozzle set installed on
the sister engine of the same airplane if certain criteria are met.
This proposed AD would also require sending the inspection results to
CFM if any unserviceable finding is found.

Differences Between This Proposed AD and the Service Information

    The Accomplishment Instructions, paragraphs 5.E.(1)(g)2 and
5.E.(1)(g)3, of CFM SB LEAP-1A-72-00-0461-01A-930A-D, Issue 002-00,
dated December 21, 2021, specify removing one engine if certain
conditions exist, whereas this proposed AD would require replacement of
the HPT rotor stage 1 blades or HPT stator stage 1 nozzle set if
certain conditions exist.

Interim Action

    The FAA considers that this proposed AD would be an interim action.
The inspection reports that would be required by this proposed AD will
enable the manufacturer to obtain better insight into the nature,
cause, and extent of the cracking, and eventually to develop final
action to address the unsafe condition. Once final action has been
identified, the FAA might consider additional rulemaking.

Costs of Compliance

    The FAA estimates that this AD, if adopted as proposed, would
affect 0 engines installed on airplanes of U.S. registry.
    The FAA estimates the following costs to comply with this proposed
AD:

                                                 Estimated Costs
----------------------------------------------------------------------------------------------------------------
                                                                                Cost per      Cost on U.S.
                Action                         Labor cost           Parts cost        product        operators
----------------------------------------------------------------------------------------------------------------
BSI the HPT rotor stage 1 blades and    4 work-hours x $85 per                $0            $340              $0
 HPT stator stage 1 nozzle set.          hour = $340.
----------------------------------------------------------------------------------------------------------------

    The FAA estimates the following costs to do any necessary reporting
and replacements that would be required based on the results of the
proposed inspections. The agency has no way of determining the number
of airplanes that might need these replacements.

                                               On-Condition Costs
----------------------------------------------------------------------------------------------------------------
                                                                                Cost per
                   Action                                 Labor cost                Parts cost        product
----------------------------------------------------------------------------------------------------------------
Replace the HPT rotor stage 1 blades.......  150 work-hours x $85 per hour =            $988,200      $1,000,950
                                              $12,750.
Replace the HPT stator stage 1 nozzle set..  24 work-hours x $85 per hour =              701,460         703,500
                                              $2,040.
BSI the HPT rotor stage 1 blades and HPT     4 work-hours x $85 per hour = $340.               0             340
 stator stage 1 nozzle set (on the sister
 engine).
Report BSI results to CFM..................  1 work-hour x $85 per hour = $85...               0              85
----------------------------------------------------------------------------------------------------------------

Paperwork Reduction Act

    A federal agency may not conduct or sponsor, and a person is not
required to respond to, nor shall a person be subject to a penalty for
failure to comply with a collection of information subject to the
requirements of the Paperwork Reduction Act unless that collection of
information displays a current valid OMB Control Number. The OMB
Control Number for this information collection is 2120-0056. Public
reporting for this collection of information is estimated to take
approximately 1 hour per response, including the time for reviewing
instructions, searching existing data sources, gathering and
maintaining the data needed, and completing and reviewing the
collection of information. All responses to this collection of
information are mandatory. Send comments regarding this burden estimate
or any other aspect of this collection of information, including
suggestions for reducing this burden, to: Information Collection
Clearance Officer, Federal Aviation Administration, 10101 Hillwood
Parkway, Fort Worth, TX 76177-1524.

Authority for This Rulemaking

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

Regulatory Findings

    The FAA determined that this proposed AD would not have federalism
implications under Executive Order 13132. This proposed AD would not
have a substantial direct effect on the States, on the relationship
between the national government and the States, or on the distribution
of power and responsibilities among the various levels of government.
    For the reasons discussed above, I certify this proposed
regulation:
    (1) Is not a ``significant regulatory action'' under Executive
Order 12866,
    (2) Would not affect intrastate aviation in Alaska, and
    (3) Would not have a significant economic impact, positive or
negative, on a substantial number of small entities under the criteria
of the Regulatory Flexibility Act.

List of Subjects in 14 CFR Part 39

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

The Proposed Amendment

    Accordingly, under the authority delegated to me by the
Administrator, the FAA proposes to amend 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 adding the following new airworthiness
directive:

CFM International, S.A.: Docket No. FAA-2022-0160; Project
Identifier AD-2022-00009-E.

(a) Comments Due Date

    The FAA must receive comments on this airworthiness directive
(AD) by May 5, 2022.

(b) Affected ADs

    None.

(c) Applicability

    This AD applies to CFM International, S.A. (CFM) LEAP-1A23,
LEAP-1A24, LEAP-1A24E1, LEAP-1A26, LEAP-1A26CJ, LEAP-1A26E1, LEAP-
1A29, LEAP-1A29CJ, LEAP-1A30, LEAP-1A32, LEAP-1A33, LEAP-1A33B2, and
LEAP-1A35A model turbofan engines with an installed high-pressure
turbine (HPT) rotor stage 1 blade, having part number (P/N)
2747M92P01, P/N 2553M91G03, P/N 2553M91G05, P/N 2553M91G06, P/N
2553M91G07, or P/N 2553M91G08 that has accumulated more than 800
Middle East and North Africa (MENA) takeoffs.

(d) Subject

    Joint Aircraft System Component (JASC) Code 7250, Turbine
Section.

(e) Unsafe Condition

    This AD was prompted by reports of two in-flight shutdowns and
subsequent investigation by the manufacturer that revealed cracks in
the HPT rotor stage 1 blades. The FAA is issuing this AD to prevent
failure of the HPT rotor stage 1

blades. The unsafe condition, if not addressed, could result in
failure of the engine, in-flight shutdown, loss of thrust control,
and loss of the airplane.

(f) Compliance

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

(g) Required Actions

(1) Group 1 Engines: Borescope Inspection (BSI) of HPT Rotor Stage
1 Blades and HPT Stator Stage 1 Nozzle Set

    For Group 1 engines with an affected HPT rotor stage 1 blade
installed:
    (i) Within 100 flight cycles (FCs) after accumulating 800 MENA
takeoffs on the HPT rotor stage 1 blade, before the HPT rotor stage
1 blade accumulates 1,750 cycles since new (CSN), or within 100 FCs
after the effective date of this AD, whichever occurs later, perform
an initial BSI of the HPT rotor stage 1 blades and HPT stator stage
1 nozzle set in accordance with the Accomplishment Instructions,
paragraphs 5.E.(1)(c) and 5.E.(1)(d), of CFM Service Bulletin LEAP-
1A-72-00-0461-01A-930A-D, Issue 002-00, dated December 21, 2021 (the
SB).
    (ii) Thereafter, at intervals not to exceed 150 FCs since the
last BSI, perform a repetitive BSI of the HPT rotor stage 1 blades
and HPT stator stage 1 nozzle set in accordance with the
Accomplishment Instructions, paragraphs 5.E.(1)(c) and 5.E.(1)(d),
of the SB.

(2) Group 2 Engines: BSI of HPT Rotor Stage 1 Blades and HPT Stator
Stage 1 Nozzle Set

    For Group 2 engines with an affected HPT rotor stage 1 blade
installed:
    (i) Within 100 FCs after accumulating 800 MENA takeoffs on the
HPT rotor stage 1 blade, before the HPT rotor stage 1 blade
accumulates 2,600 CSN, or within 100 FCs after the effective date of
this AD, whichever occurs later, perform an initial BSI of the HPT
rotor stage 1 blades and HPT stator stage 1 nozzle set in accordance
with the Accomplishment Instructions, paragraphs 5.E.(1)(c) and
5.E.(1)(d), of the SB.
    (ii) Thereafter, at intervals not to exceed 300 FCs since the
last BSI, perform a repetitive BSI of the HPT rotor stage 1 blades
and HPT stator stage 1 nozzle set in accordance with the
Accomplishment Instructions, paragraphs 5.E.(1)(c) and 5.E.(1)(d),
of the SB.

(3) BSI Results Disposition

    Based on the results of the BSI required by paragraph (g)(1) or
(2) of this AD, as applicable, either re-inspect or replace the HPT
rotor stage 1 blades or HPT stator stage 1 nozzle set using the
criteria, compliance times, and procedures referenced in the
Accomplishment Instructions, paragraph 5.E.(1)(f), of the SB.

(4) Conditional Inspection of the Sister Engine on the Same
Airplane

    (i) Based on the BSI results disposition required by paragraph
(g)(3) of this AD, if re-inspection or replacement of the HPT rotor
stage 1 blades or HPT stator stage 1 nozzle set is required within
50 FCs based on the criteria, compliance times, and procedures
referenced in the Accomplishment Instructions, paragraph 5.E.(1)(f),
of the SB, then perform the actions required in paragraph (g)(4)(ii)
of this AD.
    (ii) Within 5 FCs after performing the inspection required by
paragraph (g)(1) or (2) of this AD, as applicable, either inspect or
replace the HPT rotor stage 1 blades or HPT stator stage 1 nozzle
set on the sister engine using the procedures and compliance times
in the Accomplishment Instructions, paragraph, 5.E.(1)(g), of the
SB. Where the SB specifies to remove the engine, this AD requires
replacement of the HPT rotor stage 1 blades or HPT stator stage 1
nozzle set, as applicable.

(5) Reporting Requirements

    If, during any inspection required by paragraph (g)(1), (2),
(3), or (4) of this AD, as applicable, any HPT unserviceable finding
is found on an engine as identified in the Accomplishment
Instructions, paragraph 5.E.(1)(f) of the SB, within 30 days of
performing the inspection, report the HPT unserviceable finding to
CFM in accordance with the Accomplishment Instructions, paragraph
5.E.(1)(f)1, of the SB.
    Note 1 to paragraph (g): The Accomplishment Instructions in
paragraph 5.E.(1)(f) of the SB reference applicable aircraft
maintenance manual tasks for procedures and compliance times for the
actions required by paragraphs (g)(3) through (5) of this AD.

(h) Definitions

    (1) Group 1 engines are CFM LEAP-1A29, LEAP-1A29CJ, LEAP-1A30,
LEAP-1A32, LEAP-1A33, LEAP-1A33B2, and LEAP-1A35A model turbofan
engines.
    (2) Group 2 engines are CFM LEAP-1A23, LEAP-1A24, LEAP-1A24E1,
LEAP-1A26, LEAP-1A26CJ, and LEAP-1A26E1 model turbofan engines.
    (3) For the purpose of this AD, a ``MENA takeoff'' is any
takeoff accomplished in the MENA region, as defined in the Planning
Information, paragraph 3.D., of the SB.
    (4) For the purpose of this AD, ``sister engine'' refers to the
other engine installed on the same airplane.

(i) 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 (j)(1) of this AD and email to: [email protected].
    (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.

(j) Related Information

    (1) For more information about this AD, contact Mehdi Lamnyi,
Aviation Safety Engineer, ECO Branch, FAA, 1200 District Avenue,
Burlington, MA 01803; phone:<PHONE_NUMBER>; email:
[email protected].
    (2) For service information identified in this AD, contact CFM
International, S.A., Aviation Operations Center, 1 Neumann Way, M/D
Room 285, Cincinnati, OH 45125; phone:<PHONE_NUMBER>; email:
[email protected]. You may view this referenced service
information at the FAA, Airworthiness Products Section, Operational
Safety Branch, 1200 District Avenue, Burlington, MA 01803. For
information on the availability of this material at the FAA, call
(817) 222-5110.

    Issued on March 10, 2022.
Lance T. Gant,
Director, Compliance & Airworthiness Division, Aircraft Certification
Service.
[FR Doc. 2022-05524 Filed 3-18-22; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register: August 18, 2010 (Volume 75, Number 159)]
[Notices]
[Page 51121-51122]
[DOCID:fr18au10-159]

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SECURITIES AND EXCHANGE COMMISSION

Submission for OMB Review; Comment Request

Upon Written Request; Copies Available From: Securities and Exchange
Commission, Office of Investor Education and Advocacy, Washington, DC
20549-0213.

Extension:
    Form 15F, OMB Control No. 3235-0621, SEC File No. 270-559.

    Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.) the Securities and Exchange
Commission (``Commission'') has submitted to the Office of Management
and Budget the request for extension of the previously approved
collection of information discussed below.
    Form 15F (17 CFR 249.324) is filed by a foreign private issuer when
terminating its Exchange Act reporting obligations under Exchange Act
Rule 12h-6 (17 CFR 240.12h-6). Form 15F requires a filer to disclosed
information that helps investors understand the foreign private
issuer's decision to terminate its Exchange Act reporting obligations
and assist Commission staff in determining whether the filer is
eligible to terminate its Exchange Act reporting obligations pursuant
to Rule 12h-6. Compared to Exchange Act Rules 12g-4 (17 CFR 240.12g-4)
and 12h-3 (17 CFR 240.12h-3), Rule 12h-6 makes it easier for a foreign
private issuer to exit the Exchange Act registration and reporting
regime when there is relatively little U.S. investor interest in its
securities. Rule 12h-6 is intended to remove a disincentive for foreign
private issuers to register initially their securities with the
Commission by lessening their concern that the Exchange Act
registration and reporting system is difficult to exit once an issuer
joins it. The information provided to the Commission is mandatory and
all information is made available to the public upon request. We
estimate that Form 15F takes approximately 30 hours to prepare and is
filed by approximately 300 issuers. We estimate that 25% of the 30
hours per response (7.5 hours per response) is prepared by the filer
for a total annual reporting burden of 2,250 hours (7.5 hours per
response x 300 responses).
    An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless it displays a
currently valid control number.
    Written comments regarding the above information should be directed
to the following persons: (i) Desk Officer for the Securities and
Exchange Commission, Office of Information and Regulatory Affairs,
Office of Management and Budget, Room 10102, New Executive Office
Building, Washington, DC 20503 or send an e-mail to:

<EMAIL_ADDRESS>and (ii) Charles Boucher, Director/CIO,
Securities and Exchange Commission, C/O Shirley Martinson, 6432 General
Green Way, Alexandria, VA 22312; or send an e-mail to: PRA_
<EMAIL_ADDRESS>Comments must be submitted to OMB within 30 days of
this notice.

    Dated: August 11, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-20370 Filed 8-17-10; 8:45 am]
BILLING CODE 8010-01-P