#THIS SCRIPT CALCULATES THE PROBABILITY THAT A SYSTEM WILL HAVE A SOURCE CHANGE  #
#FOR NTNCWS ONLY																 #
#CREATED BY TOM BENEKE (THE CADMUS GROUP) 05/30/2018							 #
##################################################################################

#import libraries
library(plyr)
library(stringr)

#set working directory
setwd("C:/Users/thomas.beneke/Desktop/ChangeSourceTreatment_05302018 - NTNCWS")

#read in source data
#this is a CSV version of Laura's "tblWSF-Treat" table in the "ChangeInSource-QA" Access database
wsf.df <- read.csv("tblWSF-Treat.csv", stringsAsFactors=FALSE, header=FALSE)
colnames(wsf.df) <- c("PWSID","FacilityID","IsSourceInd","Active_YN","FacilityDeadline","DeactiveDate","FacilityType","WaterType","Availability",
						"SellerPWSID","SellerTreatment","TreatProcess","TreatObj","TreatID","TreatCode","TreatPID","WaterTypeCode","ReportedYear","SourceCode")

#read in community water system table
#this is a CSV version of Laura's "tblC_NTNC" table in the "ChangeInSource-QA" Access database
ntncws.df <- read.csv("tblC_NTNC.csv", stringsAsFactors=FALSE, header=TRUE)
ntncws.df$PWSID <- ntncws.df$PWS.ID

#read in size category sorting CSV
sort.ord <- read.csv("SortSizeCategories.csv", stringsAsFactors = FALSE, header=TRUE)

#join ntncws data to wsf dataframe & remove unnecessary columns
wsf.ntncws <- join(wsf.df, ntncws.df, by=c('PWSID'), type='left', match='all')
wsf.ntncws <- wsf.ntncws[,c("PWSID","FacilityID","PWS.Type","CCT_YN","GW.or.SW","Size.Category","IsSourceInd","ReportedYear","SourceCode","Availability")]

#select only non-community non-transient water systems and add "points" field
#then subset for only systems in the current NTNCWS inventory
#that are NOT emergency sources
wsf.ntncws.ind <- wsf.ntncws[wsf.ntncws$PWS.Type == "Non-Transient non-community system" & wsf.ntncws$Availability != "Emergency" & wsf.ntncws$IsSourceInd == "Y" & is.na(wsf.ntncws$PWS.Type) == FALSE,]
wsf.ntncws.ind <- wsf.ntncws.ind[wsf.ntncws.ind$PWSID %in% ntncws.df$PWSID == TRUE,]
wsf.ntncws.ind$Points <- 1
#subset so that only grabs unique facilities
wsf.ntncws.ind <- wsf.ntncws.ind[duplicated(wsf.ntncws.ind)==FALSE,]
#add unique identifier for PWSID - SourceCode combination
wsf.ntncws.ind$PWSID_SC <- paste0(wsf.ntncws.ind$PWSID,"_",wsf.ntncws.ind$SourceCode)
wsf.ntncws.ind$CCT_YN[wsf.ntncws.ind$CCT_YN == 1] <- "Y"
wsf.ntncws.ind$CCT_YN[wsf.ntncws.ind$CCT_YN == 0] <- "N"

#aggregate counts by PWSID, source type, and year, for each year
yr13 <- aggregate(Points ~ PWSID_SC + ReportedYear, data = wsf.ntncws.ind[wsf.ntncws.ind$ReportedYear == 2013,], "sum")
yr14 <- aggregate(Points ~ PWSID_SC + ReportedYear, data = wsf.ntncws.ind[wsf.ntncws.ind$ReportedYear == 2014,], "sum")
yr15 <- aggregate(Points ~ PWSID_SC + ReportedYear, data = wsf.ntncws.ind[wsf.ntncws.ind$ReportedYear == 2015,], "sum")
yr16 <- aggregate(Points ~ PWSID_SC + ReportedYear, data = wsf.ntncws.ind[wsf.ntncws.ind$ReportedYear == 2016,], "sum")

#create empty dataframe to append counts by year to
pws <- data.frame(Obj_ID = seq(1:length(unique(wsf.ntncws.ind$PWSID_SC))),PWSID_SC = unique(wsf.ntncws.ind$PWSID_SC))

#merge in each year's counts of wells
pws <- merge(pws,yr13[,c(1,3)],by="PWSID_SC",all=TRUE)
pws <- merge(pws,yr14[,c(1,3)],by="PWSID_SC",all=TRUE)
pws <- merge(pws,yr15[,c(1,3)],by="PWSID_SC",all=TRUE)
pws <- merge(pws,yr16[,c(1,3)],by="PWSID_SC",all=TRUE)

#remove unnecessary columns
pws <- pws[,c(1,3,4,5,6)]
colnames(pws) <- c("PWSID_SC","y13","y14","y15","y16")

#change NAs to 0 for numeric calculations
pws$y13[is.na(pws$y13)==TRUE] <- 0
pws$y14[is.na(pws$y14)==TRUE] <- 0
pws$y15[is.na(pws$y15)==TRUE] <- 0
pws$y16[is.na(pws$y16)==TRUE] <- 0

#remove rows where all years are not equal
pws <- pws[pws$y13 != pws$y14 | pws$y13 != pws$y15 | pws$y13 != pws$y16 | pws$y14 != pws$y13 | pws$y14 != pws$y15 | pws$y14 != pws$y16 | pws$y15 != pws$y14 | pws$y15 != pws$y14 | pws$y15 != pws$y16,]

#split id to parse out PWS ID
pws <- cbind(pws,data.frame(str_split_fixed(pws$PWSID_SC, "_", 2)))
colnames(pws) <- c("PWSID_SC","y13","y14","y15","y16","PWSID","SourceCode")

#join size category, source type, and cct designation back into dataframe
pws <- join(pws, ntncws.df[,c(37,23,8,12)][ntncws.df$PWS.Type == "Non-Transient non-community system" & is.na(ntncws.df$PWS.Type) == FALSE,], by=c('PWSID'), type='left', match='all')
pws$CCT_YN[pws$CCT_YN == 1] <- "Y"
pws$CCT_YN[pws$CCT_YN == 0] <- "N"

#identify year sequences with an additional source ADDED
pws$cnt_delta_1314 <- 0
pws$cnt_delta_1415 <- 0
pws$cnt_delta_1516 <- 0
pws$cnt_delta_1314[pws$y14 > pws$y13] <- 1
pws$cnt_delta_1415[pws$y15 > pws$y14] <- 1
pws$cnt_delta_1516[pws$y16 > pws$y15] <- 1

#remove duplicates
pws <- pws[,c(6,8:13)]
pws <- pws[duplicated(pws)==FALSE,]

#loop through and remove duplicate PWS system IDs while preserving year counts of source code matches
for (i in unique(pws$PWSID)){
	tmp <- pws[pws$PWSID == i,]
	if(nrow(tmp)>1){
	tmp <- rbind(tmp,data.frame(PWSID = i,CCT_YN = tmp[1,2],Size.Category = tmp[1,3],GW.or.SW = tmp[1,4],cnt_delta_1314 = sum(tmp[,5]),cnt_delta_1415 = sum(tmp[,6]),cnt_delta_1516 = sum(tmp[,7])))
	}
	tmp <- tmp[nrow(tmp),]
	tmp[,5][tmp[,5] > 1] <- 1
	tmp[,6][tmp[,6] > 1] <- 1
	tmp[,7][tmp[,7] > 1] <- 1
	if(exists("pws.out")){pws.out<-rbind(pws.out,tmp)} else{(pws.out<-tmp)}
}

#write csv of unique PWS IDs with source changes
#this is used in the treatment change R script to remove those with a source change from the treatment counts
write.csv(pws.out, "Unique_PWSIDs_SourceChange.csv", row.names = FALSE)

#get counts of total unique systems by category
pws.unique <- ntncws.df[,c(37,3,8,12,23)][duplicated(ntncws.df[,c(37,3,8,12,23)])==FALSE & ntncws.df$PWS.Type == "Non-Transient non-community system",]
colnames(pws.unique) <- c("PWSID","PWS.Type","Size.Category","GW.or.SW","CCT")
pws.unique$CCT[pws.unique$CCT == 0] <- "N"
pws.unique$CCT[pws.unique$CCT == 1] <- "Y"
pws.unique$Points <- 1
all.sys <- aggregate(Points ~ CCT + Size.Category + GW.or.SW, data = pws.unique, "sum")
all.sys$UnqID <- paste0(all.sys$CCT,"_",all.sys$Size.Category,"_",all.sys$GW.or.SW)

#add counts of number of system changes by year
prob1314 <- aggregate(cnt_delta_1314 ~ CCT_YN + Size.Category + GW.or.SW, data = pws.out, "sum")
prob1415 <- aggregate(cnt_delta_1415 ~ CCT_YN + Size.Category + GW.or.SW, data = pws.out, "sum")
prob1516 <- aggregate(cnt_delta_1516 ~ CCT_YN + Size.Category + GW.or.SW, data = pws.out, "sum")
probs <- prob1314
probs$cnt_delta_1415[match(probs$CCT_YN,prob1415$CCT_YN) & match(probs$Size.Category,prob1415$Size.Category) & match(probs$GW.or.SW,prob1415$GW.or.SW)] <- prob1415$cnt_delta_1415[match(probs$CCT_YN,prob1415$CCT_YN) & match(probs$Size.Category,prob1415$Size.Category) & match(probs$GW.or.SW,prob1415$GW.or.SW)]
probs$cnt_delta_1516[match(probs$CCT_YN,prob1516$CCT_YN) & match(probs$Size.Category,prob1516$Size.Category) & match(probs$GW.or.SW,prob1516$GW.or.SW)] <- prob1516$cnt_delta_1516[match(probs$CCT_YN,prob1516$CCT_YN) & match(probs$Size.Category,prob1516$Size.Category) & match(probs$GW.or.SW,prob1516$GW.or.SW)]

#add unique id and join to table of all system counts by category
probs$UnqID <- paste0(probs$CCT_YN,"_",probs$Size.Category,"_",probs$GW.or.SW)
probs <- join(probs, all.sys[,c(5,4)], by=c('UnqID'), type='left', match='all')
probs$Points[is.na(probs$Points)==TRUE] <- 0
probs <- probs[,c(1:6,8)]
colnames(probs) <- c("CCT_YN","SizeCat","GW_SW","cnt_delta_1314","cnt_delta_1415","cnt_delta_1516","cnt_all_pws")

#calculate probabilities
probs$prob1314 <- round(probs$cnt_delta_1314/probs$cnt_all_pws,2)
probs$prob1415 <- round(probs$cnt_delta_1415/probs$cnt_all_pws,2)
probs$prob1516 <- round(probs$cnt_delta_1516/probs$cnt_all_pws,2)
probs$prob_avg <- round((probs$prob1314 + probs$prob1415 + probs$prob1516)/3,2)

#sort probabilities according to SDWIS format
probs$SortOrd <- sort.ord$SortOrder[match(probs$SizeCat,sort.ord$SizeCat)]
probs <- probs[order(probs$GW_SW,probs$SortOrd),]

#write to file
write.csv(probs, "Probability_SourceChange_NTNCWS_070218.csv", row.names=FALSE, na="")


[Federal Register Volume 76, Number 6 (Monday, January 10, 2011)]
[Notices]
[Pages 1489-1491]
[FR Doc No: 2011-161]

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

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-63635; File No. SR-NYSEArca-2010-103]

Self-Regulatory Organizations; NYSE Arca, Inc.; Order Granting
Approval of Proposed Rule Change Relating to the Listing and Trading of
the Jefferies S&P 500[supreg] VIX Short-Term Futures ETF

January 3, 2011.

I. Introduction

    On November 9, 2010, NYSE Arca, Inc. (``Exchange'') 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 list and trade
shares (``Shares'') of the Jefferies S&P 500[supreg] VIX Short-Term
Futures ETF (``Fund'') of the ProShares Trust II (``Trust'') under NYSE
Arca Equities Rule 8.200, Commentary .02. The proposed rule change was
published for comment in the Federal Register on November 29, 2010.\3\
The Commission received no comments on the proposal. This order grants
approval of the proposed rule change.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 63349 (November 19,
2010), 75 FR 73145 (``Notice'').
---------------------------------------------------------------------------

II. Description of the Proposal

    The Exchange proposes to list and trade the Shares of the Fund
under NYSE Arca Equities Rule 8.200, Commentary .02.\4\ The Fund, which
is a commodity pool and a Delaware statutory trust,\5\ seeks to track
changes, whether positive or negative, in the level of the S&P 500 VIX
Short-Term FuturesTM Index ER (``VIX Futures Index'' or
``Index'') over time.\6\ The Fund will pursue its investment objective
primarily by maintaining long futures positions corresponding to the
futures contracts underlying the VIX Futures Index (``VIX Futures
Contracts'') which trade on the CBOE Futures Exchange (``CFE''), with
an aggregate notional amount equal to the Fund's total capital. In
certain circumstances, as described below, the Fund may invest in one
or more forward agreements or swaps (``Futures-Linked Investments'').
The Fund is also intended to reflect the excess, if any, of its
interest income from its investment in U.S. Treasury bills, generally
with a maturity of less than one year, and other high credit quality
short-term fixed-income securities, over its expenses.
---------------------------------------------------------------------------

    \4\ Commentary .02 to NYSE Arca Equities Rule 8.200 applies to
Trust Issued Receipts that invest in ``Financial Instruments.'' The
term ``Financial Instruments,'' as defined in Commentary .02(b)(4)
to NYSE Arca Equities Rule 8.200, means any combination of
investments, including cash; securities; options on securities and
indices; futures contracts; options on futures contracts; forward
contracts; equity caps, collars and floors; and swap agreements.
    \5\ The Fund has filed a Pre-Effective Amendment No. 3 to its
Registration Statement on Form S-1 under the Securities Act of 1933,
dated August 17, 2010 (File No. 333-166283) (``Registration
Statement'').
    \6\ The VIX Futures Index, which is the excess return version of
the S&P 500 VIX Short-Term FuturesTM Index, was created
by Standard & Poor's Financial Services, LLC (``Index Sponsor'').
---------------------------------------------------------------------------

    Jefferies Commodity Investment Services, LLC, a Delaware limited
liability company, is the Fund's promoter, and will serve as Managing
Owner of the Fund. The Managing Owner will serve as the commodity pool
operator and commodity trading advisor of the Fund. The Managing Owner
is registered as a commodity pool operator and commodity trading
advisor with the Commodity Futures Trading Commission and is a member
of the National Futures Association. The Bank of New York Mellon
(``Administrator'') will be the administrator, custodian and transfer
agent of the Fund.
    The Index is designed to provide an exposure to one or more
maturities of futures contracts on the CBOE Volatility Index
(``Volatility Index''), which reflect implied volatility in the S&P
500[supreg] Index at various points along the volatility forward
curve.\7\ The Volatility Index is calculated based on the prices of put
and call options on the S&P 500[supreg] Index. The VIX Futures Index is
intended to reflect the returns that are potentially

available through an unleveraged investment in the relevant futures
contract or contracts on the Volatility Index. The VIX Futures Index
measures the return from a daily rolling long position in the first and
second month VIX Futures Contracts, targeting a constant weighted
average futures maturity of one month. The Fund will acquire and roll
long positions in the first and second month VIX Futures Contracts with
a view to tracking the level of the Index over time. The Fund will both
roll and rebalance its holdings of VIX Futures Contracts in a manner
consistent with the method described in the Registration Statement.
---------------------------------------------------------------------------

    \7\ The Volatility Index is a benchmark index designed to
estimate expected volatility in large cap U.S. stocks over 30 days
in the future by averaging the weighted prices of certain put and
call options on the S&P 500[supreg] Index. During periods of market
instability, the implied level of volatility of the S&P 500[supreg]
Index typically increases and, consequently, the prices of options
linked to the S&P 500[supreg] Index typically increase (assuming all
other relevant factors remain constant or have negligible changes).
This, in turn, causes the level of the Volatility Index to increase.
Because the Volatility Index may increase in times of uncertainty,
the Volatility Index is commonly known as the ``fear gauge'' of the
broad U.S. equities market. The Volatility Index has historically
had negative correlations to the S&P 500[supreg] Index. The Exchange
states that the Fund is not linked to the Volatility Index, and the
value of the Index and the Shares may diverge significantly from the
Volatility Index.
---------------------------------------------------------------------------

    As stated earlier, the Fund seeks to achieve its investment
objective by investing under normal market conditions in VIX Futures
Contracts. In the event the Fund reaches its position accountability
rules with respect to VIX Futures Contracts, the Managing Owner, may,
in its commercially reasonable judgment, cause the Fund to invest in a
Futures-Linked Investment referencing the particular VIX Futures
Contracts, or invest in other futures contracts or a Futures-Linked
Investment not based on the particular VIX Futures Contracts if such
instruments tend to exhibit trading prices or returns that correlate
with the VIX Futures Index or any VIX Futures Contract and will further
the investment objective of the Fund.\8\ The Fund may also invest in
Futures-Linked Investments if the market for a specific futures
contract experiences emergencies (e.g., natural disaster, terrorist
attack or an act of God) or disruptions (e.g., a trading halt or a
flash crash) to prevent the Fund from obtaining the appropriate amount
of investment exposure to the affected VIX Futures Contract directly or
other futures contract.\9\
---------------------------------------------------------------------------

    \8\ To the extent practicable, the Fund will invest in swaps
cleared through the facilities of a centralized clearing house.
    \9\ The Managing Owner will also attempt to mitigate the Fund's
credit risk by transacting only with large, well-capitalized
institutions using measures designed to determine the
creditworthiness of a counterparty. The Managing Owner will take
various steps to limit counterparty credit risk, as described in the
Registration Statement.
---------------------------------------------------------------------------

    The Fund does not intend to outperform the Index and is not
``managed'' by traditional methods, which typically involve effecting
changes in the composition of the Fund's portfolio on the basis of
judgments relating to economic, financial, and market considerations
with a view to obtaining positive results under all market conditions.
The Managing Owner will seek to cause the net asset value (``NAV'') of
the Fund to track the Index during periods in which the Index is flat
or declining as well as when the Index is rising.
    Additional information regarding the Fund and the Shares, the VIX
Futures Index and underlying VIX Futures Contracts, the Volatility
Index, investment strategies, risks, creation and redemption
procedures, fees, portfolio holdings and disclosure policies,
distributions and taxes, availability of information, trading rules and
halts, and surveillance procedures, among other things, can be found in
the Registration Statement and in the Notice, as applicable.\10\
---------------------------------------------------------------------------

    \10\ See Notice and Registration Statement, supra notes 3 and 5.
---------------------------------------------------------------------------

III. Discussion and Commission's Findings

    The Commission has carefully reviewed the proposed rule change and
finds that it is consistent with the requirements of Section 6 of the
Act \11\ and the rules and regulations thereunder applicable to a
national securities exchange.\12\ In particular, the Commission finds
that the proposal is consistent with Section 6(b)(5) of the Act,\13\
which requires, among other things, that the Exchange's rules be
designed to promote just and equitable principles of trade, to remove
impediments to and perfect the mechanism of a free and open market and
a national market system, and, in general, to protect investors and the
public interest. The Commission notes that the Shares must comply with
the requirements of NYSE Arca Equities Rule 8.200, Commentary .02 to be
listed and traded on the Exchange.
---------------------------------------------------------------------------

    \11\ 15 U.S.C. 78f.
    \12\ In approving this proposed rule change, the Commission
notes that it has considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
    \13\ 17 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

    The Commission finds that the proposal to list and trade the Shares
on the Exchange is consistent with Section 11A(a)(1)(C)(iii) of the
Act,\14\ which sets forth Congress' finding that it is in the public
interest and appropriate for the protection of investors and the
maintenance of fair and orderly markets to assure the availability to
brokers, dealers, and investors of information with respect to
quotations for and transactions in securities. Quotation and last-sale
information regarding the Shares will be disseminated through the
facilities of the Consolidated Tape Association. In addition, the Index
Sponsor will publish the intra-day level of the VIX Futures Index
updated every 15 seconds during the NYSE Arca Core Trading Session of
9:30 a.m. to 4 p.m. Eastern Time (``ET'') on the consolidated tape,
Reuters and/or Bloomberg. The Index Sponsor will also publish the daily
closing level of the VIX Futures Index as of the close of the NYSE Arca
Core Trading Session.\15\ The level of the Volatility Index as
calculated by CBOE, updated every 15 seconds from 9:30 a.m. to 4:15
p.m. ET, is disseminated on the CBOE Web site at http://www.cboe.com
and through major market data vendors. An updated Indicative Trust
Value (``ITV'') will be calculated using the prior day's closing NAV
per share of the Fund as a base and updating that value throughout the
NYSE Arca Core Trading Session each trading day to reflect current
changes in the value of VIX Futures Contracts held by the Fund, as well
as the value of any swap or forward contracts and other futures
contracts held by the Fund. The ITV will be disseminated on a per-
Shares basis by one or more major market data vendors every 15 seconds.
Further, the Fund will provide Web site disclosure of portfolio
holdings daily and will include, as applicable, the names and value (in
U.S. dollars) of VIX Futures Contracts, Futures-Linked Investments, and
other futures contracts, if any, and characteristics of such
investments and cash equivalents, and amount of cash held in the
portfolio of the Fund. The closing prices and settlement prices of VIX
Futures Contracts are available from the Web sites of the CFE,
automated quotation systems, published or other public sources, and on-
line information services such as Bloomberg or Reuters.\16\ The
specific contract specifications for VIX Futures Contracts are also
available on those Web sites, as well as on other financial
informational sources. The CFE also provides delayed futures
information on current and past trading sessions and market news free
of charge on its Web site. The NAV for the Fund will be calculated by
the Administrator once a day at or after 4:15 p.m. ET and will be
disseminated to all market participants at the same time. The Exchange
will make available on its Web site daily trading volume of the Shares,
closing prices of the Shares, and number of Shares outstanding.
---------------------------------------------------------------------------

    \14\ 15 U.S.C. 78k-1(a)(1)(C)(iii).
    \15\ The Fund's Web site will display the end-of-day closing
Index levels and NAV.
    \16\ Complete real-time data for VIX Futures Contracts is
available by subscription from Reuters and Bloomberg.
---------------------------------------------------------------------------

    The Commission further believes that the proposal to list and trade
the Shares is reasonably designed to promote fair disclosure of
information that may be necessary to price the Shares

appropriately and to prevent trading when a reasonable degree of
transparency cannot be assured. The Commission notes that the Web site
disclosure of the portfolio composition of the Fund will occur at the
same time as the disclosure by the Managing Owner of the portfolio
composition to Authorized Participants so that all market participants
are provided portfolio composition information at the same time. In
addition, if the Exchange becomes aware that the NAV with respect to
the Shares is not disseminated to all market participants at the same
time, the Exchange will halt trading in the Shares until such time as
the NAV is available to all market participants. Further, the Exchange
may halt trading during the day in which an interruption to the
dissemination to the ITV, the VIX Futures Index, the Volatility Index,
or the value of the underlying futures contracts occurs. If such
interruption persists past the trading day in which it occurred, the
Exchange will halt trading no later than the beginning of the trading
day following the interruption.\17\ Trading in the Shares will be
subject to NYSE Arca Equities Rule 8.200, Commentary .02(e), which sets
forth certain restrictions on ETP Holders acting as registered Market
Makers in Trust Issued Receipts to facilitate surveillance. The
Exchange represents that the Index Sponsor has implemented procedures
designed to prevent the use and dissemination of material, non-public
information regarding the Index.
---------------------------------------------------------------------------

    \17\ Trading may also be halted because of market conditions or
for reasons that, in the view of the Exchange, make trading in the
Shares inadvisable. These may include: (1) The extent to which
trading is not occurring in the underlying futures contracts; or (2)
whether other unusual conditions or circumstances detrimental to the
maintenance of a fair and orderly market are present.
---------------------------------------------------------------------------

    The Exchange has represented that the Shares are deemed to be
equity securities subject to the Exchange's existing rules governing
the trading of equity securities. In support of this proposal, the
Exchange has made representations, including:
    (1) The Fund will meet the initial and continued listing
requirements applicable to Trust Issued Receipts in NYSE Arca Equities
Rule 8.200 and Commentary .02 thereto.
    (2) The Exchange has appropriate rules to facilitate transactions
in the Shares during all trading sessions.
    (3) The Exchange's surveillance procedures are adequate to properly
monitor Exchange trading of the Shares in all trading sessions and to
deter and detect violations of Exchange rules and applicable Federal
securities laws. In addition, with respect to Fund components traded on
exchanges, not more than 10% of the weight of such components in the
aggregate will consist of components whose principal trading market is
not a member of the Intermarket Surveillance Group or is a market with
which the Exchange does not have a comprehensive surveillance sharing
agreement.
    (4) Prior to the commencement of trading, the Exchange will inform
its ETP Holders in an Information Bulletin of the special
characteristics and risks associated with trading the Shares.
Specifically, the Information Bulletin will discuss the following: (a)
The risks involved in trading the Shares during the Opening and Late
Trading Sessions when an updated ITV will not be calculated or publicly
disseminated; (b) the procedures for purchases and redemptions of
Shares in Creation Baskets and Redemption Baskets (and that Shares are
not individually redeemable); (c) NYSE Arca Equities Rule 9.2(a), which
imposes a duty of due diligence on its ETP Holders to learn the
essential facts relating to every customer prior to trading the Shares;
(d) how information regarding the ITV is disseminated; (e) the
requirement that ETP Holders deliver a prospectus to investors
purchasing newly issued Shares prior to or concurrently with the
confirmation of a transaction; and (f) trading information.
    (5) With respect to the application of Rule 10A-3 under the
Act,\18\ the Trust relies on the exception contained in Rule 10A-
3(c)(7).\19\
---------------------------------------------------------------------------

    \18\ 17 CFR 240.10A-3.
    \19\ 17 CFR 240.10A-3(c)(7).
---------------------------------------------------------------------------

    (6) A minimum of 100,000 Shares of the Fund will be outstanding as
of the start of trading on the Exchange.
    This approval order is based on the Exchange's representations.\20\
---------------------------------------------------------------------------

    \20\ The Commission notes that it does not regulate the market
for futures in which the Fund plans to take positions, which is the
responsibility of the CFTC. The CFTC has the authority to set limits
on the positions that any person may take in futures. These limits
may be directly set by the CFTC, or by the markets on which the
futures are traded. The Commission has no role in establishing
position limits on futures, even though such limits could impact an
exchange-traded product that is under the jurisdiction of the
Commission.
---------------------------------------------------------------------------

    For the foregoing reasons, the Commission finds that the proposed
rule change is consistent with Section 6(b)(5) of the Act \21\ and the
rules and regulations thereunder applicable to a national securities
exchange.
---------------------------------------------------------------------------

    \21\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

IV. Conclusion

    It is therefore ordered, pursuant to Section 19(b)(2) of the
Act,\22\ that the proposed rule change (SR-NYSEArca-2010-103), be, and
it hereby is, approved.
---------------------------------------------------------------------------

    \22\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\23\
---------------------------------------------------------------------------

    \23\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Elizabeth M. Murphy,
Secretary.
[FR Doc. 2011-161 Filed 1-7-11; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register: August 6, 2009 (Volume 74, Number 150)]
[Notices]
[Page 39314]
[DOCID:fr06au09-54]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. RM06-22-008]

North American Electric Reliability Corporation; Notice of Filing

July 30, 2009.
    Take notice that on June 30, 2009, the North American Electric
Reliability Corporation, in compliance with the Federal Energy
Regulatory Commission's (Commission) Order No. 706, 122 FERC ] 61,040
(2008), submitted Violation Severity Levels (``VSLs'') for eight
Critical Infrastructure Protection (``CIP'') Version 1 Reliability
Standards, CIP-002-1 through CIP-009-1, approved by the Commission.
    Any person desiring to intervene or to protest this filing must
file in accordance with Rules 211 and 214 of the Commission's Rules of
Practice and Procedure (18 CFR 385.211, 385.214). Protests will be
considered by the Commission in determining the appropriate action to
be taken, but will not serve to make protestants parties to the
proceeding. Any person wishing to become a party must file a notice of
intervention or motion to intervene, as appropriate. Such notices,
motions, or protests must be filed on or before the comment date.
Anyone filing a motion to intervene or protest must serve a copy of
that document on the Applicant and all the parties in this proceeding.
    The Commission encourages electronic submission of protests and
interventions in lieu of paper using the ``eFiling'' link at http://
www.ferc.gov. Persons unable to file electronically should submit an
original and 14 copies of the protest or intervention to the Federal
Energy Regulatory Commission, 888 First Street, NE., Washington, DC
20426.
    This filing is accessible on-line at http://www.ferc.gov, using the
``eLibrary'' link and is available for review in the Commission's
Public Reference Room in Washington, DC. There is an ``eSubscription''
link on the Web site that enables subscribers to receive e-mail
notification when a document is added to a subscribed docket(s). For
assistance with any FERC Online service, please e-mail
<EMAIL_ADDRESS>or call<PHONE_NUMBER> (toll free). For
TTY, call<PHONE_NUMBER>.
    Comment Date: 5 p.m. Eastern Time on August 20, 2009.

Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. E9-18798 Filed 8-5-09; 8:45 am]

BILLING CODE 6717-01-P


[Federal Register Volume 80, Number 157 (Friday, August 14, 2015)]
[Notices]
[Pages 48949-48950]
[FR Doc No: 2015-20156]

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SECURITIES AND EXCHANGE COMMISSION

Proposed Collection; Comment Request

Upon Written Request, Copies Available From: U.S. Securities and
Exchange Commission, Office of FOIA Services, Washington, DC 20549-
2736.

Extension:
    Rules 3a68-2 and 3a68-4(c);
    SEC File No. 270-641, OMB Control No. 3235-0685.

    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 (``SEC'') is soliciting comments on the existing collection
of information provided for Rules 3a68-2 and 3a68-4(c). The SEC plans
to submit this existing collection of information to the Office of
Management and Budget (``OMB'') for extension and approval.
    Rule 3a68-2 creates a process for interested persons to request a
joint interpretation by the SEC and the Commodity Futures Trading
Commission (``CFTC'') (together with the SEC, the ``Commissions'')
regarding whether a particular instrument (or class of instruments) is
a swap, a security-based swap, or both (i.e., a mixed swap). Under Rule
3a68-2, a person provides to the Commissions a copy of all material
information regarding the terms of, and a statement of the economic
characteristics and purpose of, each relevant agreement, contract, or
transaction (or class thereof), along with that person's determination
as to whether each such agreement, contract, or transaction (or class
thereof) should be characterized as a swap, security-based swap, or
both (i.e., a mixed swap). The Commissions also may request the
submitting person to provide additional information.
    The SEC expects 25 requests pursuant to Rule 3a68-2 per year. The
SEC estimates the total paperwork burden associated with preparing and
submitting each request would be 20 hours to retrieve, review, and
submit the information associated with the submission. This 20 hour
burden is divided between the SEC and the CFTC, with 10 hours per
response regarding reporting to the SEC and 10 hours of response
regarding third party disclosure to the CFTC.\1\ The SEC estimates this
would result in an aggregate annual burden of 500 hours (25 requests x
20 hours/request).
---------------------------------------------------------------------------

    \1\ The burdens imposed by the CFTC are included in this
collection of information.
---------------------------------------------------------------------------

    The SEC estimates that the total costs resulting from a submission
under Rule 3a68-2 would be approximately $12,000 for outside attorneys
to retrieve, review, and submit the information associated with the
submission. The SEC estimates this would result in aggregate costs each
year of $300,000 (25 requests x 30 hours/request x $400).
    Rule 3a68-4(c) establishes a process for persons to request that
the Commissions issue a joint order permitting such persons (and any
other person or persons that subsequently lists, trades, or clears that
class of mixed swap) to comply, as to parallel provisions only, with
specified parallel provisions of either the Commodity Exchange Act
(``CEA'') or the Securities Exchange Act of 1934 (``Exchange Act''),
and related rules and regulations (collectively ``specified parallel
provisions''), instead of being required to comply with parallel
provisions of both the CEA and the Exchange Act.
    The SEC expects ten requests pursuant to Rule 3a68-4(c) per year.
The SEC estimates that nine of these requests will have also been made
in a request for a joint interpretation pursuant to Rule 3a68-2, and
one will not have been. The SEC estimates the total burden for the one
request for which the joint interpretation pursuant to 3a68-2 was not
requested would be 30 hours, and the total burden associated with the
other nine requests would be 20 hours per request because some of the
information required to be submitted pursuant to Rule 3a68-4(c) would
have already been submitted pursuant to Rule 3a68-2. The burden in both
cases is evenly divided between the SEC and the CFTC.

    The SEC estimates that the total costs resulting from a submission
under Rule 3a68-4(c) would be approximately $20,000 for the services of
outside attorneys to retrieve, review, and submit the information
associated with the submission of the one request for which a request
for a joint interpretation pursuant to Rule 3a68-2 was not previously
made (1 request x 50 hours/request x $400). For the nine requests for
which a request for a joint interpretation pursuant to Rule 3a68-2 was
previously made, the SEC estimates the total costs associated with
preparing and submitting a party's request pursuant to Rule 3a68-4(c)
would be $6,000 less per request because, as discussed above, some of
the information required to be submitted pursuant to Rule 3a68-4(c)
already would have been submitted pursuant to Rule 3a68-2. The SEC
estimates this would result in an aggregate cost each year of $126,000
for the services of outside attorneys (9 requests x 35 hours/request x
$400).
    Written comments are invited on: (a) Whether the proposed
collection of information is necessary for the proper performance of
the functions of the SEC, including whether the information shall have
practical utility; (b) the accuracy of the SEC's estimates of the
burden of the proposed collection of information; (c) ways to enhance
the quality, utility, and clarity of the information to be collected;
and (d) ways to minimize the burden of the collection of information on
respondents, including through the use of automated collection
techniques or other forms of information technology. Consideration will
be given to comments and suggestions submitted in writing within 60
days of this publication.
    An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information under the PRA unless it
displays a currently valid OMB control number.
    Please direct your written comments to: Pamela Dyson, Director/
Chief Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 100 F Street NE., Washington, DC 20549, or send an email
to<EMAIL_ADDRESS>
    Dated: August 11, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-20156 Filed 8-13-15; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register Volume 85, Number 122 (Wednesday, June 24, 2020)]
[Notices]
[Page 37930]
[FR Doc No: 2020-13626]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER20-2064-000]

High Majestic Wind I, LLC; Supplemental Notice That Initial
Market-Based Rate Filing Includes Request for Blanket Section 204
Authorization

    This is a supplemental notice in the above-referenced High Majestic
Wind I, LLC's application for market-based rate authority, with an
accompanying rate tariff, noting that such application includes a
request for blanket authorization, under 18 CFR part 34, of future
issuances of securities and assumptions of liability.
    Any person desiring to intervene or to protest should file with the
Federal Energy Regulatory Commission, 888 First Street NE, Washington,
DC 20426, in accordance with Rules 211 and 214 of the Commission's
Rules of Practice and Procedure (18 CFR 385.211 and 385.214). Anyone
filing a motion to intervene or protest must serve a copy of that
document on the Applicant.
    Notice is hereby given that the deadline for filing protests with
regard to the applicant's request for blanket authorization, under 18
CFR part 34, of future issuances of securities and assumptions of
liability, is July 8, 2020.
    The Commission encourages electronic submission of protests and
interventions in lieu of paper, using the FERC Online links at http://www.ferc.gov. To facilitate electronic service, persons with internet
access who will eFile a document and/or be listed as a contact for an
intervenor must create and validate an eRegistration account using the
eRegistration link. Select the eFiling link to log on and submit the
intervention or protests.
    Persons unable to file electronically may mail similar pleadings to
the Federal Energy Regulatory Commission, 888 First Street NE,
Washington, DC 20426. Hand delivered submissions in docketed
proceedings should be delivered to Health and Human Services, 12225
Wilkins Avenue, Rockville, Maryland 20852.
    In addition to publishing the full text of this document in the
Federal Register, the Commission provides all interested persons an
opportunity to view and/or print the contents of this document via the
internet through the Commission's Home Page (http://ferc.gov) using the
eLibrary link. Enter the docket number excluding the last three digits
in the docket number field to access the document. At this time, the
Commission has suspended access to the Commission's Public Reference
Room, due to the proclamation declaring a National Emergency concerning
the Novel Coronavirus Disease (COVID-19), issued by the President on
March 13, 2020. For assistance, contact the Federal Energy Regulatory
Commission at<EMAIL_ADDRESS>or call toll-free, (886) 208-
3676 or TYY,<PHONE_NUMBER>.

    Dated: June 18, 2020.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2020-13626 Filed 6-23-20; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 79, Number 149 (Monday, August 4, 2014)]
[Proposed Rules]
[Pages 45135-45137]
[FR Doc No: 2014-18367]

========================================================================
Proposed Rules
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains notices to the public of
the proposed issuance of rules and regulations. The purpose of these
notices is to give interested persons an opportunity to participate in
the rule making prior to the adoption of the final rules.

========================================================================

Federal Register / Vol. 79, No. 149 / Monday, August 4, 2014 /
Proposed Rules

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. FAA-2014-0489; Directorate Identifier 2014-NM-048-AD]
RIN 2120-AA64

Airworthiness Directives; Bombardier, Inc. 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 Bombardier, Inc. Model CL-600-2B19 (Regional Jet Series 100 &
440) airplanes. This proposed AD was prompted by a report indicating
that inboard and outboard hydraulic lines of the brakes were found
connected to the incorrect ports on the swivel assembly of the main
landing gear (MLG). This proposed AD would require modifying the MLG by
installing a new bracket on the left and right lower aft-wing planks.
We are proposing this AD to prevent incorrect installation of the brake
hydraulic lines, which could cause the brakes and the anti-skid system
to operate incorrectly, and cause catastrophic failure of the airplane
during a high-speed rejected takeoff.

DATES: We must receive comments on this proposed AD by September 18,
2014.

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
Bombardier, Inc., 400 C[ocirc]te-Vertu Road West, Dorval, Qu[eacute]bec
H4S 1Y9, Canada; telephone<PHONE_NUMBER>; fax<PHONE_NUMBER>; email
<EMAIL_ADDRESS>Internet http://www.bombardier.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-2014-
0489; 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: Fabio Buttitta, Aerospace Engineer,
Airframe and Mechanical Systems Branch, ANE-171, FAA, New York Aircraft
Certification Office, 1600 Stewart Avenue, Suite 410, Westbury, NY
11590; 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-2014-0489;
Directorate Identifier 2014-NM-048-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

    Transport Canada Civil Aviation (TCCA), which is the aviation
authority for Canada, has issued Canadian Airworthiness Directive CF-
2014-10, dated February 12, 2014 (referred to after this as the
Mandatory Continuing Airworthiness Information, or ``the MCAI''), to
correct an unsafe condition for certain Bombardier, Inc. Model CL-600-
2B19 (Regional Jet Series 100 & 440) airplanes. The MCAI states:

    Cases of inboard and outboard hydraulic brake lines connected to
the incorrect port of the swivel assembly on the main landing gear
were found in service, including a runway overrun event. Cross-
connected brake hydraulic lines can cause the brakes and/or the
anti-skid system to operate incorrectly. During a high speed
rejected take-off, inability for the brakes to operate correctly
could be catastrophic.
    This [Canadian] AD mandates the modification to prevent
inadvertent cross-connection of the inboard and outboard hydraulic
brake lines.

    The required action in this AD includes installing a new bracket on
the left and right lower aft-wing planks of the MLG. 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-2014-0489.

Relevant Service Information

    Bombardier, Inc. has issued Service Bulletin 601R-32-110, dated
December 19, 2013. The actions described in this service information
are intended to correct the unsafe condition identified in the MCAI.

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.

``Contacting the Manufacturer'' Paragraph in This Proposed AD

    Since late 2006, we have included a standard paragraph titled
``Airworthy Product'' in all MCAI ADs in which the FAA develops an AD
based on a foreign authority's AD.
    The MCAI or referenced service information in an FAA AD often
directs the owner/operator to contact the manufacturer for corrective
actions, such as a repair. Briefly, the Airworthy Product paragraph
allowed owners/operators to use corrective actions provided by the
manufacturer if those actions were FAA-approved. In addition, the
paragraph stated that any actions approved by the State of Design
Authority (or its delegated agent) are considered to be FAA-approved.
    In an NPRM having Directorate Identifier 2012-NM-101-AD (78 FR
78285, December 26, 2013), we proposed to prevent the use of repairs
that were not specifically developed to correct the unsafe condition,
by requiring that the repair approval provided by the State of Design
Authority or its delegated agent specifically refer to the FAA AD. This
change was intended to clarify the method of compliance and to provide
operators with better visibility of repairs that are specifically
developed and approved to correct the unsafe condition. In addition, we
proposed to change the phrase ``its delegated agent'' to include a
design approval holder (DAH) with State of Design Authority design
organization approval (DOA), as applicable, to refer to a DAH
authorized to approve required repairs for the proposed AD.
    One commenter to the NPRM having Directorate Identifier 2012-NM-
101-AD (78 FR 78285, December 26, 2013) stated the following: ``The
proposed wording, being specific to repairs, eliminates the
interpretation that Airbus messages are acceptable for approving minor
deviations (corrective actions) needed during accomplishment of an AD
mandated Airbus service bulletin.''
    This comment has made the FAA aware that some operators have
misunderstood or misinterpreted the Airworthy Product paragraph to
allow the owner/operator to use messages provided by the manufacturer
as approval of deviations during the accomplishment of an AD-mandated
action. The Airworthy Product paragraph does not approve messages or
other information provided by the manufacturer for deviations to the
requirements of the AD-mandated actions. The Airworthy Product
paragraph only addresses the requirement to contact the manufacturer
for corrective actions for the identified unsafe condition and does not
cover deviations from other AD requirements. However, deviations to AD-
required actions are addressed in 14 CFR 39.17, and anyone may request
the approval for an alternative method of compliance to the AD-required
actions using the procedures found in 14 CFR 39.19.
    To address this misunderstanding and misinterpretation of the
Airworthy Product paragraph, we have changed the paragraph and retitled
it ``Contacting the Manufacturer.'' This paragraph now clarifies that
for any requirement in this proposed AD to obtain corrective actions
from a manufacturer, the action must be accomplished using a method
approved by the FAA, TCCA, or Bombardier's TCCA Design Approval
Organization (DAO).
    The Contacting the Manufacturer paragraph also clarifies that, if
approved by the DAO, the approval must include the DAO-authorized
signature. The DAO signature indicates that the data and information
contained in the document are TCCA-approved, which is also FAA-
approved. Messages and other information provided by the manufacturer
that do not contain the DAO-authorized signature approval are not TCCA-
approved, unless TCCA directly approves the manufacturer's message or
other information.
    This clarification does not remove flexibility previously afforded
by the Airworthy Product paragraph. Consistent with long-standing FAA
policy, such flexibility was never intended for required actions. This
is also consistent with the recommendation of the Airworthiness
Directive Implementation Aviation Rulemaking Committee to increase
flexibility in complying with ADs by identifying those actions in
manufacturers' service instructions that are ``Required for
Compliance'' with ADs. We continue to work with manufacturers to
implement this recommendation. But once we determine that an action is
required, any deviation from the requirement must be approved as an
alternative method of compliance.

Costs of Compliance

    We estimate that this proposed AD affects 526 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 $375
per product. Based on these figures, we estimate the cost of this
proposed AD on U.S. operators to be $465,510, or $885 per product.

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 proposed 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):

Bombardier, Inc.: Docket No. FAA-2014-0489; Directorate Identifier
2014-NM-048-AD.

(a) Comments Due Date

    We must receive comments by September 18, 2014.

(b) Affected ADs

    None.

(c) Applicability

    This AD applies to Bombardier, Inc. Model CL-600-2B19 (Regional
Jet Series 100 & 440) airplanes, certificated in any category,
serial numbers 7003 and subsequent.

(d) Subject

    Air Transport Association (ATA) of America Code 32, Landing
Gear.

(e) Reason

    This AD was prompted by a by a report indicating that inboard
and outboard hydraulic lines of the brakes were found connected to
the incorrect ports on the swivel assembly of the main landing gear
(MLG). We are issuing this AD to prevent incorrect installation of
the brake hydraulic lines, which could cause the brakes and the
anti-skid system to operate incorrectly, and cause catastrophic
failure of the airplane during a high-speed rejected take-off.

(f) Compliance

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

(g) Modification

    Within 6,600 flight hours after the effective date of this AD,
but no later than 36 months after the effective date of this AD:
Modify the MLG by installing a new bracket on the left and right
lower aft-wing planks, in accordance with the Accomplishment
Instruction of Bombardier Service Bulletin 601R-32-110, dated
December 19, 2013.

(h) Other FAA AD Provisions

    The following provisions also apply to this AD:
    (1) Alternative Methods of Compliance (AMOCs): The Manager, New
York Aircraft Certification Office (ACO), ANE-170, 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 New York ACO, send it to ATTN: Program Manager,
Continuing Operational Safety, FAA, New York ACO, 1600 Stewart
Avenue, Suite 410, Westbury, NY 11590; telephone<PHONE_NUMBER>; fax
516-794-5531. 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, New York ACO,
ANE-170, Engine and Propeller Directorate, FAA; or Transport Canada
Civil Aviation (TCCA); or Bombardier, Inc.'s TCCA Design Approval
Organization (DAO). If approved by the DAO, the approval must
include the DAO-authorized signature.

(i) Related Information

    (1) Refer to Mandatory Continuing Airworthiness Information
(MCAI) Canadian Airworthiness Directive CF-2014-10, dated February
12, 2014, 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-2014-0489.
    (2) For service information identified in this AD, contact
Bombardier, Inc., 400 C[ocirc]te-Vertu Road West, Dorval,
Qu[eacute]bec H4S 1Y9, Canada; telephone<PHONE_NUMBER>; fax 514-855-
7401; email<EMAIL_ADDRESS>Internet http://www.bombardier.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 July 18, 2014.
John P. Piccola,
Acting Manager, Transport Airplane Directorate, Aircraft Certification
Service.
[FR Doc. 2014-18367 Filed 8-1-14; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 79, Number 50 (Friday, March 14, 2014)]
[Notices]
[Pages 14563-14566]
[FR Doc No: 2014-05592]

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

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-71669; File No. SR-ISE-2014-10]

Self-Regulatory Organizations; International Securities Exchange,
LLC; Notice of Filing of Proposed Rule Change Related to Complex Orders

March 10, 2014.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given
that on February 25, 2014, the International Securities Exchange, LLC
(the ``Exchange'' or the ``ISE'') filed with the Securities and
Exchange Commission (``Commission'') the proposed rule change as
described in Items I and II below, which items have been prepared by
the Exchange. The Commission is publishing this notice to solicit
comments on the proposed rule change from interested persons.
---------------------------------------------------------------------------

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

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

    The Exchange proposes to amend its rules by limiting certain types
of complex orders from legging into the regular market. The text of the
proposed rule change is available on the Exchange's Web site
www.ise.com, at the principal office of the Exchange, and at the
Commission's Public Reference Room.

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

    In its filing with the Commission, the Exchange included statements
concerning the purpose of, and basis for, the proposed rule change and
discussed any comments it received on the proposed rule change. The
text of these statements may be examined at the places specified in
Item IV below. The self-regulatory organization has

prepared summaries, set forth in Sections A, B and C below, of the most
significant aspects of such statements.

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

1. Purpose
    The Exchange currently provides functionality that automatically
removes a market maker's quotes in all series of an options class when
certain parameter settings are triggered. Specifically, there are four
parameters that can be set by market makers on a class-by-class basis.
Pursuant to Rules 722 and 804, these parameters are mandatory for
market maker quotes. Market makers establish a time frame during which
the system calculates: (1) The number of total contracts executed by
the market maker in an options class; (2) the percentage of the total
size of the market maker's quotes in the class that has been executed;
(3) the absolute value of the net between contracts bought and
contracts sold in an options class; and (4) the absolute value of the
net between (a) calls purchased plus puts sold in an options class, and
(b) calls sold plus puts purchased in an options class.\3\ Once the
limits established by these parameters are triggered, the market
maker's quotes are removed. The purpose of this functionality is to
allow market makers to provide liquidity across potentially hundreds of
options series without being at risk of executing the full cumulative
size of all such quotes before being given adequate opportunity to
adjust their quotes.
---------------------------------------------------------------------------

    \3\ See Securities Exchange Act Release No. 70132 (August 7,
2013), 78 FR 49311 (August 13, 2013) (SR-ISE-2013-38).
---------------------------------------------------------------------------

    Standard complex orders can contain up to eight (8) legs in the
trading system today while complex orders with a stock component can
contain up to eight (8) option legs and a stock leg. As discussed
above, by checking the risk parameters following each execution in an
options series, the risk parameters allow market makers to manage their
risk. This is not the case, however, when a complex order legs into the
regular market. Because the execution of each leg is contingent on the
execution of the other legs, the execution of all the legs in the
regular market is processed as a single transaction, not as a series of
individual transactions. One market maker's quotes in the regular
market can thus be hit in up to 8 instruments at the same time by a
complex order.
    For example, if individual orders to buy 10 contracts for the Jan
30 call, Jan 35 call and Jan 40 call are entered, each is processed as
it is received and the market maker quotation parameters are calculated
following the execution of each 10-contract order. Thus, if the first,
or second order trigger a market maker's risk setting, their quotes
will be adjusted prior to the processing of the subsequent order.
However, if a complex order to buy all three of these strikes with a
quantity of 10 contracts is entered and is executed against bids and
offers for the individual series, the market maker parameters for
quotes in the regular market are calculated following the execution of
all 30 contracts (the sum of the three legs of 10 contracts each).
    The legging-in of complex orders presents higher risk to market
makers as compared to regular orders being entered in multiple series
of an options class in the regular market as it can result in market
makers exceeding their parameters by a greater number of contracts. At
the request of market makers, the Exchange amended its rules to prevent
complex orders from legging into the regular market if they have a
large number of legs. Specifically, the Exchange currently limits the
legging functionality to complex orders with no more than either two or
three legs, as determined by the Exchange on a class by class basis.\4\
However, despite the current limitations, certain market participants
continue to use atypical multi-leg strategies (2 or more legs) to trade
with multiple quotes from a single market maker thereby causing the
single leg market maker to trade far more than its limit allows.
Although market makers can limit their risk by use of the Exchange's
risk parameters, the market maker's quotes are not removed until after
a trade is executed. As a result, because of the way complex orders leg
into the regular market as a single transaction, market makers end up
trading more than the limitations they have set and are therefore
exposed to greater risk. In turn, market makers are forced to change
their trading behavior to account for the additional risk by widening
their quotes, hurting the Exchange's quality of markets and the quality
of the markets in general available for trading.
---------------------------------------------------------------------------

    \4\ Id.
---------------------------------------------------------------------------

    At the request of members and to further minimize the impact to
single leg market makers, the Exchange now proposes to amend Rule 722
to limit a potential source of unintended market maker risk when
certain types of complex orders leg into the regular market.\5\
Specifically, complex orders with two option legs where both legs are
buying or both legs are selling and both legs are calls or both legs
are puts will be executed only in the complex order book and will not
be permitted to leg into the regular market. For example:
---------------------------------------------------------------------------

    \5\ Pursuant to ISE Rule 722(b)(3)(ii), complex orders may be
executed against bids and offers on the Exchange for the individual
legs of the complex order, provided the complex order can be
executed while maintaining a permissible ratio by such bids and
offers.
---------------------------------------------------------------------------

[cir] Buy Call 1, Buy Call 2
[cir] Sell Call 1, Sell Call 2
[cir] Buy Put 1, Buy Put 2
[cir] Sell Put 1, Sell Put 2

    The Exchange also proposes a similar restriction to limit complex
orders with three option legs, where all legs are buying or all legs
are selling regardless of whether the option is a call or a put. For
example:

[cir] Buy Call 1, Buy Call 2, Buy Put 1
[cir] Buy Put 1, Buy Put 2, Buy Put 3
[cir] Buy Call 1, Buy Call 2, Buy Call 3
[cir] Buy Put 1, Buy Put 2, Buy Call 3
[cir] Sell Put 1, Sell Put 2, Sell Call 1

    Strategies that involve these types of combinations of options are
not traditional complex order strategies used by retail or professional
investors, designed to gain exposure to a particular option class'
movement. The vast majority of complex order strategies are made up of
calendar and vertical spreads, butterflies and straddles, strategies
that seek to hedge the potential move of the underlying security or to
capture premium from an anticipated market event. In contrast, the
atypical strategies illustrated above are primarily geared towards an
aggressive directional capture of volatility. Through a combination of
buying or selling multiple option legs at once, regardless of the
implied directional move represented by a call versus a put, a market
participant using one of these strategies is aggressively buying or
selling volatility. By using the complex order mechanism that allows
for the simultaneous executions of all legs, these strategies aim to
bypass a single leg market maker's risk settings and result in an
artificially large transaction that distorts the market for other
related instruments, including the underlying security. These
distortions in the market for the underlying security and related
option series are caused by the simultaneous hedging activity triggered
by such strategies. By legging in and potentially bypassing the risk
settings of several market participants, these strategies create a
larger trade than otherwise possible through the use of `simple' or
single-leg orders which then results in the affected market
participants needing to immediately hedge these outsized positions.
This activity in turn causes an immediate

distortion in the market of the related securities as these market
participants attempt to simultaneously buy or sell the underlying
security or related option series. This type of effect can also be a
result of a simple, large order affecting several liquidity providers,
but in the case of a complex strategy, involving several legs and
therefore more size, the impact is more pronounced. By limiting these
types of complex orders from legging in, the Exchange will strengthen
the effectiveness of the risk tools it provides and thereby allow
liquidity providers to post tighter and more liquid markets for regular
orders and traditional complex orders, while at the same time reducing
the frequency and size of related market distortions.
    Further, the Exchange currently offers an order type called
``legging orders'' \6\ to provide additional liquidity for complex
orders resting on the complex order book. A complex order resting on
the complex order book may be executed either by: (i) Trading against
an incoming complex order that is marketable against the resting
complex order, or (ii) trading in the regular market when the net price
of the complex order can be satisfied by executing all of the legs
against the best bids or offers on the Exchange for the individual
options series. Under current rules, legging orders may be generated
automatically for simple two-legged options orders with the same
quantity on both legs. However, with this proposed rule change, which
in part applies to simple two-legged options orders with the same
quantity on both legs, legging orders cannot be executed for these
complex orders due the manner in which the trading system is designed.
Specifically, the same component in the trading system handles both the
trading of complex orders in the regular market and the execution of
legging orders. Therefore, the proposed limitation to exclude these
complex orders from trading in the regular market also means that the
trading system will not generate legging orders for these types of two-
legged complex orders. The Exchange proposes to adopt language in
proposed Rule 722(b)(3)(ii)(A) to note that the trading system will not
generate legging orders for these complex orders.\7\
---------------------------------------------------------------------------

    \6\ A legging order is a limit order on the regular limit order
book that represents one side of a complex order that is to buy or
sell an equal quantity of two options series resting on the
Exchange's complex order book. See ISE Rule 715(k).
    \7\ The Exchange is not proposing to adopt similar language in
proposed Rule 722(b)(3)(ii)(B) because legging orders cannot be
generated for complex orders with 3 option legs.
---------------------------------------------------------------------------

    Additionally, the Exchange's Facilitation Mechanism has been
available for the execution of complex orders since 2005 \8\ and the
Solicited Order Mechanism has been available for the execution of
complex orders since 2006.\9\ And since 2011, members have also been
able to execute complex orders in the Price Improvement Mechanism.\10\
All three mechanisms expose orders to all Exchange members for 500
milliseconds to provide an opportunity for price improvement. Complex
orders are processed in these mechanisms at a net price in the same
manner as single-legged orders. If an improved net price for a complex
order being executed can be achieved from bids and offers for the
individual legs of the complex order in the Exchange's auction market,
the order being executed receives an execution at the better net price.
A single component in the trading system component handles both the
trading of a new complex order with the regular order book upon arrival
and at the end of the 500 millisecond exposure period. For complex
orders that are the subject of this proposed rule change, if an
improved net price for such complex orders being executed can be
achieved from bids and offers for the individual legs of the complex
order, the auction order cannot trade with the individual legs. Because
an auction order, such as a PIM or a Facilitation cannot trade outside
the ISE's best bid or offer, the auction order will be cancelled at the
end of the 500 millisecond exposure period. The cancellation of auction
orders in such instances is similar to the current handling of
situations when the bid or offer at the ISE, made up of individual
series, becomes better than the net price of the complex auction order
on the same side (bid better during an auction order where the agency
side is the buyer, ask better during an auction where the agency side
is the seller). In these instances, at the end of the 500 millisecond
exposure period, if the net price of the auction order is inferior to
the bid or offer on the same side of auction order, the auction is
cancelled without any execution. With respect to the bids and offers
for the individual legs of a complex order entered into the three
mechanisms, the priority rules for complex orders contained in Rule
722(b)(2) will continue to apply.
---------------------------------------------------------------------------

    \8\ See Securities Exchange Act Release No. 52327 (August 24,
2005), 70 FR 51854 (August 31, 2005) (SR-ISE-2004-33).
    \9\ See Securities Exchange Act Release No. 53729 (April 26,
2006), 71 FR 26154 (May 3, 2006) (SR-ISE-2006-15).
    \10\ See Securities Exchange Act Release No. 64805 (July 5,
2011), 76 FR 40758 (July 11, 2011) (SR-ISE-2011-30).
---------------------------------------------------------------------------

    The Exchange proposes to amend Supplementary Material .08 to Rule
716 and Supplementary Material .10 to Rule 723 to reflect how complex
orders listed in proposed Rule 722(b)(3)(ii)(A) and (B) are treated in
the Exchange's three auction mechanisms.
    The Exchange notes that the number of these atypical complex orders
is small relative to the total number of complex orders executed on the
Exchange on a given day. The Exchange believes that the potential risk
to market makers in the regular market of allowing these atypical
complex orders out-weighs the potential benefit of offering such
functionality to a very limited number of orders. With this proposal,
the Exchange is not entirely restricting the execution of these types
of complex orders. These orders may still be executed in the complex
order book thus, will rest on the complex order book until they are
traded or cancelled by the member that entered them.
2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section
6(b) of the Securities Exchange Act of 1934 (the ``Act'') \11\ in
general, and furthers the objectives of Section 6(b)(5) of the Act \12\
in particular, in that it is designed to promote just and equitable
principles of trade, to remove impediments to and perfect the mechanism
for a free and open market and a national market system, and, in
general, to protect investors and the public interest.
---------------------------------------------------------------------------

    \11\ 15 U.S.C. 78f(b).
    \12\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

    The Exchange believes it is reasonable to limit the types of
complex orders that are eligible to leg-into the regular market. In
this respect, the Exchange notes that the vast majority of complex
orders sent to the Exchange will be unaffected by this rule change.
Moreover, the Exchange believes that the potential risk of continuing
to offer legging functionality for complex orders such as those
impacted by the proposed rule change limits the amount of liquidity
that market makers are willing to provide in the regular market. In
particular, market makers may reduce the size of their quotations in
the regular market because they are at risk of executing the cumulative
size of their quotations across multiple options series without an
opportunity to adjust their quotes. Accordingly, reducing market maker
risk in the regular market by limiting the legging functionality as
proposed herein will benefit investors by encouraging additional
liquidity in

the regular market. This benefit to investors far exceeds the small
amount of potential liquidity provided by the few complex orders this
proposal seeks to restrict to trading in the complex order book.

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

    The proposed rule change does not impose any burden on competition.
The proposed change to limit legging functionality, as proposed, will
reduce risk to market makers that are quoting in the regular market. As
such, the proposal may encourage market makers to increase the size of
their quotations, thereby adding liquidity on the Exchange.

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

    The Exchange has not solicited, and does not intend to solicit,
comments on this proposed rule change. The Exchange has not received
any unsolicited written comments from members or other interested
parties.

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

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

IV. Solicitation of Comments

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

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to<EMAIL_ADDRESS>Please include
File Number SR-ISE-2014-10 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-ISE-2014-10. This file
number should be included on the subject line if email is used. To help
the Commission process and review your comments more efficiently,
please use only one method. The Commission will post all comments on
the Commission's Internet Web site (http://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all
written statements with respect to the proposed rule change that are
filed with the Commission, and all written communications relating to
the proposed rule change between the Commission and any person, other
than those that may be withheld from the public in accordance with the
provisions of 5 U.S.C. 552, will be available for Web site viewing and
printing in the Commission's Public Reference Room, 100 F Street NE.,
Washington DC 20549, on official business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of such filing also will be available
for inspection and copying at the principal offices of the Exchange.
All comments received will be posted without change; the Commission
does not edit personal identifying information from submissions. You
should submit only information that you wish to make available
publicly. All submissions should refer to File Number SR-ISE-2014-10,
and should be submitted on or before April 4, 2014.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\13\
---------------------------------------------------------------------------

    \13\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-05592 Filed 3-13-14; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register: May 2, 2007 (Volume 72, Number 84)]
[Notices]
[Page 24286]
[DOCID:fr02my07-48]

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

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Notice of Public Comment Meetings for the Elba III Project Draft
Environmental Impact Statement

April 25, 2007.

Southern LNG Inc. (Docket No. CP06-470-000); Elba Express Company,
L.L.C. (Docket Nos. CP06-471-000, CP06-472-000, and CP06-473-000);
Southern Natural Gas Company (Docket No. CP06-474-000)

    On March 30, 2007, the staff of the Federal Energy Regulatory
Commission (FERC or Commission) issued a draft Environmental Impact
Statement (EIS) for the Elba III Project, proposed by Southern LNG
Inc., Elba Express Company, LLC, and their parent company Southern
Natural Gas Company, a subsidiary of El Paso Corporation. Issuance of
the draft EIS began a 45-day public comment period which will end on
May 21, 2007. In addition to accepting written comments on the draft
EIS, the Commission staff will be hosting public comment meetings in
the project area to accept oral comments as listed in the following
table.

------------------------------------------------------------------------
      Public meeting date and time                   Location
------------------------------------------------------------------------
Monday, May 7, 2007 at 7 p.m...........  Washington-Wilkes High School
                                          Cafeteria, 304 Gordon Street,
                                          Washington, GA 30673, Phone:
<PHONE_NUMBER>.
Tuesday, May 8, 2007 at 7 p.m..........  Thomson High School Cafeteria,
                                          1160 White Oak Road, Thomson,
                                          GA 30824, Phone: (706) 986-
                                          4200.
Wednesday, May 9, 2007 at 7 p.m........  Sylvania Recreation Building,
                                          605 Millen Highway, Sylvania,
                                          GA 30467, Phone: (912) 863-
                                          2388.
Thursday, May 10, 2007 at 7 p.m........  Quality Inn Conference Center,
                                          (Southburg Chateau Room), 301
                                          Governor Truetlen Drive,
                                          Pooler, GA 31322, Phone: (912)
                                          748-6464.
------------------------------------------------------------------------

Comment Procedure

    Instructions for submitting written comments are included in the
draft EIS and the Notice of Availability that were issued on March 30,
2007. These documents can be found on the FERC Internet website as
discussed below. Oral comments presented at the public comment meetings
will be given the same consideration as written comments received by
mail before the close of the public comment period on May 21, 2007.
    As with previous public meetings on the Elba III Project, attendees
will be asked to provide their name and address so that any project-
related environmental information issued by the Commission may be
mailed to all attendees. Additionally, those wishing to provide oral
comments will be asked to put their name on a Speakers List. Depending
on the number of individuals wishing to provide oral comments, speakers
may be asked to limit their presentations to 5 minutes in order that
all speakers may be accommodated. Transcripts of the public comment
meetings will be prepared and placed into the FERC's public record.
    Additional information about the project is available from the
Commission's Office of External Affairs, at 1-866-208-FERC or on the
FERC Internet Web site (http://www.ferc.gov) using the eLibrary link.

Click on the eLibrary link, click on ``General Search'' and enter the
docket number excluding the last three digits in the Docket Number
field. Be sure you have selected an appropriate date range. For
assistance, please contact FERC Online Support at
<EMAIL_ADDRESS>or toll free at 1-866-208-3676, or for TTY,

contact<PHONE_NUMBER>. The eLibrary link on the FERC Internet Web site
also provides access to the texts of formal documents issued by the
Commission, such as orders, notices, and rulemakings.

Kimberly D. Bose,
Secretary.
 [FR Doc. E7-8338 Filed 5-1-07; 8:45 am]

BILLING CODE 6717-01-P