[Federal Register Volume 84, Number 68 (Tuesday, April 9, 2019)]
[Notices]
[Pages 14166-14170]
[FR Doc No: 2019-06928]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-85494; File No. SR-NYSEArca-2019-18]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing
and Immediate Effectiveness of Proposed Rule Change To Amend Rule 6.40-
O To Reduce the Minimum Allowable Parameter for the Percentage-Based
Risk Limitation Mechanism

April 3, 2019.
    Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of
1934 (``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby given
that, on March 22, 2019, NYSE Arca, Inc. (``NYSE Arca'' or the
``Exchange'') filed with the Securities and Exchange Commission
(``Commission'') the proposed rule change as described in Items I and
II below, which Items have been prepared by 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 amend Rule 6.40-O (Risk Limitation
Mechanism) to reduce the minimum allowable parameter for the
percentage-based Risk Limitation Mechanism. 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 amend Rule 6.40-O (Risk Limitation
Mechanism) to reduce the minimum allowable parameter for the
percentage-based Risk Limitation Mechanism.
Risk Limitation Mechanisms
    Rule 6.40-O sets forth the risk-limitation system, which is
designed to help Market Makers, as well as OTP Holder and OTP Firms
(collectively, ``OTPs''), better manage risk related to quoting and
submitting orders, respectively, during periods of increased and
significant trading activity.\4\ The Exchange requires Market Makers to
utilize a risk limitation mechanism for quotes, which automatically
removes a Market Maker's quotes in all series of an options class when
certain parameter settings are breached.\5\ The Exchange permits, but
does not require, OTPs to utilize its risk limitation mechanism for
orders, which automatically cancels such orders when certain parameter
settings are breached.\6\
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    \4\ Market Makers are included in the definition of OTPs and
therefore, unless the Exchange is discussing the quoting activity of
Market Makers, the Exchange does not distinguish Market Markers from
OTPs when discussing the risk limitation mechanisms. See Rule
1.1(nn) (defining OTP Holder as ``a natural person, in good
standing, who has been issued an OTP, or has been named as a
Nominee'' that is ``a registered broker or dealer pursuant to
Section 15 of the Securities Exchange Act of 1934, or a nominee or
an associated person of a registered broker or dealer that has been
approved by the Exchange to conduct business on the Exchange's
Trading Facilities''). See also Rule 6.32-O(a) (defining a Market
Maker as an individual ``registered with the Exchange for the
purpose of making transactions as a dealer-specialist on the Floor
of the Exchange or for the purpose of submitting quotes
electronically and making transactions as a dealer-specialist
through the NYSE Arca OX electronic trading system'').
    \5\ See Rule 6.40-O, Commentary .04(a) (providing that Market
Makers are required to utilize one of the three risk settings for
their quotes); and Commentary .01 (regarding the cancellation of
quotes once the risk settings have been breached).
    \6\ See Rule 6.40-O, Commentary .04(b) (providing that OTPs may
avail themselves of one of the three risk limitation mechanisms for
certain of their orders) and Commentary .01 (regarding the
cancellation of orders once the risk settings have been breached).
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    Pursuant to Rule 6.40-O, the Exchange establishes a time period
during which the System calculates for quotes and orders, respectively:
(1) The number of trades executed by the Market Maker or OTP in a
particular options class (``transaction-based''); (2) the volume of
contracts traded by the Market Maker or OTP in a particular options
class (``volume-based''); or (3) the aggregate percentage of the Market
Maker's quoted size or OTP's order size(s) executed in a particular
options class (``percentage-based'') (collectively, the ``risk
settings'').\7\ If a risk setting is triggered the System will cancel
all of the Market Maker's quotes or the OTP's open orders in that class
until the Market Maker or OTP notifies the Exchange it will resume
submitting quotes or orders.\8\ The temporary suspension of quotes or
orders from the market that results when the risk settings are
triggered is meant to operate as a safety valve that enables Market
Makers and/or OTPs to re-evaluate their positions before requesting to
re-enter the market.
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    \7\ See Rule 6.40-O (b)-(d) (setting forth the three risk
limitation mechanisms available). A Market Maker may activate one
Risk Limitation Mechanism for its quotes (which is required) and a
different Risk Limitation Mechanism for its orders (which is
optional), even if both are activated for the same class. See also
Commentary .08 to Rule 6.40-O.
    \8\ See Commentaries .01 and .02 to Rule 6.40-O (requiring that
a Market Maker or OTP Holder request that it be re-enabled after a
breach of its risk settings).
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Proposed Change to Minimum Parameter for Percentage-Based Risk Setting
    Per Commentary .03 to Rule 6.40-O, the Exchange establishes outside
allowable parameters for each risk setting and announces by Trader
Update ``any applicable minimum, maximum and/or default settings for
the Risk Limitation Mechanisms'' that are at or within these outside
parameters. OTPs, in turn, adjust their own risk settings within the
Exchange-established parameters, based on risk tolerance, taking into
account such factors as present and anticipated market conditions, news
in an option, and/or sudden change in volatility of an option. Put
another way, the rule sets forth the minimum/maximum for each risk
setting and the Exchange may, but does not have to, use these settings.
However, the Exchange may instead choose settings that are higher than
the minimum and lower than the maximum settings (i.e., if the rule
allows a minimum of 1 and a maximum of 10, the Exchange could use these
parameters or could instead establish a minimum of 3 and a maximum of
7). Once the Exchange determines and announces the applicable
parameters for each risk setting, the ATP Holder, in turn, selects a
setting within the Exchange announced parameters that suits their risk
tolerance (i.e., assuming the Exchange selected a minimum of 3 and a
maximum of 7, the ATP Holder may select a setting of 3, 4, 5, 6 or 7).
    The Exchange proposes to adjust the minimum allowable parameter as
established by Rule for the percentage-based risk setting from 100
percent to 1 percent (the ``Minimum Parameter'').\9\ The following
illustrates the potential impact of the Exchange setting the reducing
the minimum threshold from 100 percent to 1 percent:
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    \9\ See proposed Commentary .03 to Rule 6.40-O. The manner in
which Rule 6.40-O operates is not being amended in this rule change.
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    If a market participant has interest in two series of the same
underlying, A and B, for 10 contracts each, the participant uses the
percentage-based risk setting, and the exposure risk is set to 100
percent, an execution in series A for 10 contracts will result in the
interest in series B being canceled. However, if the execution in
series A is for 9 contracts (as opposed to 10), the interest in series
B would not be cancelled. If there is a subsequent execution within the
time period \10\ in series B for any number of contracts or for the
remaining contract in series A, the remaining interest in series A and
B will be canceled.
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    \10\ See Commentary .03 to Rule 6.40 (providing that the
Exchange will specify via Trader Update ``any applicable time
period(s) for the Risk Limitation Mechanisms; provided, however,
that the Exchange will not specify a time period of less than 100
milliseconds'').
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    If the same facts as above, but instead, the participant's exposure
risk is set to 1 percent (as opposed to 100 percent), an execution in
series A for any number of contracts, will result in the remaining
interest in series A and B being canceled.
    As indicated above, the proposed reduction of the Minimum Parameter
was specifically requested by some OTPs and would inure to their
benefit as it would allow the Exchange to offer more sensitive risk
controls. The Exchange notes that it is not modifying the maximum
threshold for the percentage-based setting, which provides OTPs, and
Market Makers in particular, the ability to more finely calibrate their
risk exposure. The Exchange has not modified this Minimum Parameter
since implementing the risk settings in 2012.\11\ The Exchange believes
a modification to the Minimum Parameter would account for increased
market volatility and fragmentation, as well as

the ever-increasing automation, speed and volume transacted in today's
electronic trading environment. In this regard, this proposed change
would provide the Exchange with more flexibility within which to
establish the lower bound risk parameter for OTPs that use this risk
setting. To the extent this flexibility is utilized, the Exchange
believes this should afford such OTPs the ability to better calibrate
and manage risk.\12\
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    \11\ See Securities Exchange Act Release No. 67714 (August 22,
2012), 77 FR 52104 [sic] (August 28, 2012) (NYSEArca-2012-87). In
2016, the Exchange modified only the upper bound of the percentage-
based (as well as the upper bound of the volume-based) risk setting.
At that time, the Exchange also modified both the upper and lower
bound of the transaction-based setting. See Securities Exchange Act
Release No. 79469 (December 5, 2016), 81 FR 89171 (December 9, 2016)
(NYSEArca-2016-155).
    \12\ The Exchange would still announce by Trader Update the
actual minimum setting for the percentage-based risk setting, which
may be the same as or greater than the Minimum Parameter (but no
greater than the maximum allowable percentage-based setting). See
Commentary .03 to Rule 6.40-O.
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Implementation
    The Exchange will announce by Trader Update the implementation date
of the proposed rule change.
2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section
6(b) of the Act,\13\ in general, and furthers the objectives of Section
6(b)(5) of the Act,\14\ 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 regulating, clearing, settling,
processing information with respect to, and facilitating transactions
in securities, 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.
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    \13\ 15 U.S.C. 78f(b).
    \14\ 15 U.S.C. 78f(b)(5).
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    OTPs are vulnerable to the risk from a system or other error or a
market event that may cause them to send a large number of orders or
receive multiple, automatic executions before they can adjust their
exposure in the market. Without adequate risk management tools, such as
the available risk settings, OTPs may opt to reduce the amount of order
flow and liquidity that they provide to the market, which could
undermine the quality of the markets available to market participants.
The Exchange believes that the proposed Minimum Parameter, which
setting has not been modified since it was adopted in 2012, removes
impediments to and perfects the mechanism of a free and open market by
providing the Exchange with more flexibility within which to establish
the appropriate lower bound of the percentage-based setting, in
consideration of market conditions, which would enable this risk
setting to operate in the manner intended to the benefit of all market
participants. To the extent this flexibility is utilized, the Exchange
believes this should afford OTPs that utilize this risk setting the
ability to better calibrate and manage risk.
    Further, this proposed change, which was specifically requested by
some OTPs, would remove impediments to and perfect the mechanism of a
free and open market because it would be available to all OTPs (if the
Exchange choses to reduce the Minimum Parameter to one percent) and may
encourage more OTPs to utilize the percentage-based risk setting,
specifically, or the risk settings generally, which would benefit of
all market participants. The Exchange believes this proposal has the
potential to help OTPs better manage their risk as it would allow for
more precise customization of their risk settings which would, in turn,
help OTPs avoid trading a number of contracts that exceeds the OTP's
risk tolerance level.
    The Exchange notes that other options exchanges offer risk settings
for quotes and orders, including analogous percentage-based settings,
consistent with the proposed Minimum Parameter. For example, Rule
21.16, Risk Monitor Mechanism, one [sic] both Cboe BZX Exchange, Inc.
(``BZX'') and Cboe EDGX Exchange, Inc. (``EDGX'') states that each BZX
or EDGX Member may (but is not required to) configure a single counting
program or multiple counting programs to govern its trading activity
(i.e., on a per port basis).\15\ Just as with Exchange's [sic]
percentage-based risk setting, BZX/EDGX offer a risk setting that is
based on a percentage-based trigger, measured against the number of
contracts executed as a percentage of the number of contracts
outstanding within a time period designated by the Exchange
(``percentage trigger'').\16\ This percentage trigger is calculated
similarly to the risk setting on the Exchange: The BZX/EDGX counting
program first calculates, for each series of an option class, the
percentage of a BZX/EDGX Member's order size in the specified class or
a the [sic] percentage of BZX/EDGX Member that is a market maker's
quote size in the appointed class that is executed on each side of the
market, including both displayed and non-displayed size; the counting
program then sums the overall series percentages for the entire option
class to calculate the percentage trigger. Unlike the Exchange's rule,
BZX/EDGX Rule 21.16 has no minimum equivalent, which the Exchange
understands means that the risk setting established by the Member for
its trading activity (whether orders or market maker quotes) may be set
as low as 1 percent. And unlike the Exchange, BZX/EDGX do not require
its market makers to establish risk settings for quotes, nor does it
impose a default setting for participants that do not establish such
risk settings. As proposed, the Minimum Parameter would authorize the
Exchange to allow the percentage-based trigger to be as low as 1
percent, which would thus allow the Exchange's rule to operate more
similarly to the BZX/EDGX rule.\17\ The Exchange believes that this
proposal is consistent with the BXZ/EDGX rules that allow order senders
(i.e., including non-Market Makers) to use a percentage-based risk
parameter that may be set as low as 1 percent.
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    \15\ See BZX and EDGX Rule 21.16(a)(i)-(iv) (providing optional
risk settings). On each market (BZX and EDGX), risk setting limits
have been reached [sic], the Risk Monitor Mechanism cancels or
rejects such Member's orders or quotes in all underlying securities
and cancels or rejects any additional orders or quotes. See BZX and
EDGX Rule 21.16(b)(i)-(iii).
    \16\ See BZX and EDGX Rule 21.16(a)(iv) (setting forth percent
trigger risk setting).
    \17\ The Exchange notes that other options in [sic] exchanges in
the Cboe family offer a similar Risk Monitor Mechanism. See, e.g.,
Cboe C2 Exchange, Inc. (``C2'') Rule 6.14(c)(5)(A)(i)-(v) (setting
forth risk settings, with paragraph (iv) setting forth the
percentage-based setting, each of which mirror those offered by BZX
and EDGX). See also Securities Exchange Act Release No. 84778
(December 10, 2018) (SR-CboeEDGX-2018-058) (immediately effective
EDGX filing to harmonize risk mechanism to that of its affiliated
exchange, C2).
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    The Exchange also notes that two non-Cboe affiliated options
exchanges likewise offer similar percentage-based risk settings that
apply solely to quotes. Specifically, Miami International Exchange LLC
(``MIAX'') Rule 612(a) requires its market makers to establish a risk
settings [sic] for quotes in its appointment (as does the Exchange).
MIAX's percentage-based risk setting operates similar to the Exchange's
analogous setting. However, MIAX does not provide a minimum Allowable
Engagement Percentage (``AEP''); market makers are free to pick any AEP
(effectively allowing them to set a threshold as low as 1 percent). If
a MIAX market maker does not establish an AEP, MIAX will impose a
default minimum of 100 percent. In addition, Nasdaq PHLX (``PHLX'')--
like the Exchange and MIAX--also requires its market makers to utilize
one of its risk settings (either volume-based or percentage-based) for
quotes. PHLX's percentage-based risk setting operates similar to the
Exchange's analogous setting. Further, PHLX Rule 1099(c)(2)(A) provides
that market

makers that opt to utilize PHLX's percentage-based risk setting may
establish a minimum threshold (i.e., a ``Specified Percentage'') of no
lower than 1 percent.\18\ The Exchange believes that this proposal is
consistent with the MIAX and PHLX rules that require market makers on
those exchanges to use a percentage-based risk parameter that may be
set as low as 1 percent (and, in the case of MIAX, a default setting
will be imposed if the market maker fails to select one).
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    \18\ The Exchange notes that MIAX cited to the BZX rule when it
filed an immediately effective proposed rule change to change its
AEP setting from 100 percent to any percentage established by the
market maker (i.e., no minimum parameter). See Securities Exchange
Act Release No. 77817 (May 12, 2016), 81 FR 31286 (May 18, 2016)
(SR-MIAX-2016-10). See also [sic] See Securities Exchange Act
Release No. 78129 (June 22, 2016), 81 FR 42024 (June 28, 2016)) (SR-
Phlx-2016-67) (immediately effective rule filing, citing MIAX AEP,
to modify its analogous percentage-based risk setting to establish
the minimum Specified Percentage determined by a market maker at not
less than 1 percent).
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    Finally, the Exchange also believes that the proposed rule change
would promote just and equitable principles of trade because Market
Makers have the option to select one of three risk settings for quotes
and non-Market Makers have this same option or may choose to utilize no
risk settings at all. Thus, this proposal merely provides the Exchange
additional latitude in establishing the percentage-based risk setting
and may encourage more OTPs to utilize this or the other two risk
settings, which benefits all market participants.

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

    The Exchange does not believe that the proposed rule change will
impose any burden on competition that is not necessary or appropriate
in furtherance of the purposes of the Act. The Exchange is proposing a
Minimum Parameter that would provide the Exchange will greater
flexibility in establishing the appropriate lower bound of the
percentage-based setting, which may in turn provide OTPs that utilize
this setting with greater control and flexibility over setting their
risk tolerance and, potentially, more protection over risk exposure.
The proposal is structured to offer the same enhancement to all OTPs,
regardless of size, and would not impose a competitive burden on any
participant. The proposal may foster competition among Market Makers by
providing them with the ability to enhance and customize their
percentage in order to compete for executions and order flow.
    The Exchange does not believe that the proposed enhancement to the
existing risk limitation mechanism would impose a burden on competing
options exchanges. Rather, it provides OTPs with the opportunity to
avail themselves of risk settings for quotes and orders that are
consistent with such tools currently available on BZX, EDGX, MIAX and
PHLX.\19\
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    \19\ See supra notes 15-18.
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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

    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) of the Act \20\ and Rule 19b-
4(f)(6) thereunder.\21\
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    \20\ 15 U.S.C. 78s(b)(3)(A).
    \21\ 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 satisfied this requirement.
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    A proposed rule change filed pursuant to Rule 19b-4(f)(6) under the
Act \22\ normally does not become operative for 30 days after the date
of its filing. However, Rule 19b-4(f)(6)(iii) \23\ permits the
Commission to designate a shorter time if such action is consistent
with the protection of investors and the public interest. The Exchange
has requested that the Commission waive the 30-day operative delay so
that the proposed rule change may become operative upon filing. As
noted above, the proposed operational functionality is substantially
similar to those utilized on other options exchanges,\24\ and the
differences noted herein do not raise substantive or novel issues.
Waiver of the operative delay would allow the Exchange to immediately
implement the proposed functionality in coordination with the
availability of the technology supporting the proposal, permitting OTPs
to utilize the optional risk settings without undue delay. Thus the
Commission believes that waiver of the 30-day operative delay is
consistent with the protection of investors and the public interest and
hereby waives the operative delay and designates the proposed rule
change operative upon filing.\25\
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    \22\ 17 CFR 240.19b-4(f)(6).
    \23\ 17 CFR 240.19b-4(f)(6)(iii).
    \24\ See supra notes 14-17.
    \25\ For purposes only of waiving the 30-day operative delay,
the Commission also has considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
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    At any time within 60 days of the filing of the 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 to
determine whether the proposed rule change should be approved or
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 protected]. Please include
File Number SR-NYSEArca-2019-18 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-NYSEArca-2019-18. 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-NYSEArca-2019-18 and should
be submitted on or before April 30, 2019.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\26\
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    \26\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-06928 Filed 4-8-19; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register Volume 83, Number 199 (Monday, October 15, 2018)]
[Notices]
[Pages 51974-51975]
[FR Doc No: 2018-22322]

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DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

[Internal Agency Docket No. FEMA-4394-DR; Docket ID FEMA-2018-0001]

South Carolina; Amendment No. 4 to Notice of a Major Disaster
Declaration

AGENCY: Federal Emergency Management Agency, DHS.

ACTION: Notice.

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SUMMARY: This notice amends the notice of a major disaster declaration
for the State of South Carolina (FEMA-4394-DR), dated September 16,
2018, and related determinations.

DATES: This amendment was issued October 1, 2018.

FOR FURTHER INFORMATION CONTACT: Dean Webster, Office of Response and
Recovery, Federal Emergency Management Agency, 500 C Street SW,
Washington, DC 20472,<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION: The notice of a major disaster declaration
for the State of South Carolina is hereby amended to include the
following areas among those areas determined to have been adversely
affected by the event declared a major disaster by the

President in his declaration of September 16, 2018.

    Darlington and Florence Counties for Individual Assistance
(already designated for emergency protective measures (Category B),
including direct federal assistance under the Public Assistance
program).

(The following Catalog of Federal Domestic Assistance Numbers (CFDA)
are to be used for reporting and drawing funds: 97.030, Community
Disaster Loans; 97.031, Cora Brown Fund; 97.032, Crisis Counseling;
97.033, Disaster Legal Services; 97.034, Disaster Unemployment
Assistance (DUA); 97.046, Fire Management Assistance Grant; 97.048,
Disaster Housing Assistance to Individuals and Households In
Presidentially Declared Disaster Areas; 97.049, Presidentially
Declared Disaster Assistance--Disaster Housing Operations for
Individuals and Households; 97.050 Presidentially Declared Disaster
Assistance to Individuals and Households--Other Needs; 97.036,
Disaster Grants--Public Assistance (Presidentially Declared
Disasters); 97.039, Hazard Mitigation Grant.)

Brock Long,
Administrator, Federal Emergency Management Agency.
[FR Doc. 2018-22322 Filed 10-12-18; 8:45 am]
 BILLING CODE 9111-11-P


[Federal Register Volume 80, Number 131 (Thursday, July 9, 2015)]
[Notices]
[Pages 39438-39439]
[FR Doc No: 2015-16773]

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DEPARTMENT OF HEALTH AND HUMAN SERVICES

Food and Drug Administration

[Docket No. FDA-2014-D-0313]

Meetings With the Office of Orphan Products Development; Guidance
for Industry, Researchers, Patient Groups, and Food and Drug
Administration Staff; Availability

AGENCY: Food and Drug Administration, HHS.

ACTION: Notice.

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SUMMARY: The Food and Drug Administration (FDA) is announcing the
availability of a guidance for industry, researchers, patient groups,
and FDA staff entitled ``Meetings with the Office of Orphan Products
Development.'' This guidance provides recommendations to industry,
researchers, patient groups, and other stakeholders (collectively
referred to as ``stakeholders'') interested in requesting a meeting
with FDA's Office of Orphan Products Development (OOPD) on issues
related to orphan drug designation requests, humanitarian use device
(HUD) designation requests, rare pediatric disease designation
requests, funding opportunities through the Orphan Products Grants
Program and the Pediatric Device Consortia Grants Program, and orphan
product patient-related topics of concern. This guidance document is
intended to assist these groups with requesting, preparing, scheduling,
conducting, and documenting meetings with OOPD. This guidance finalizes
the draft guidance of the same title dated April 2014.

DATES: Submit either electronic or written comments on Agency guidances
at any time.

ADDRESSES: Submit written requests for single copies of the guidance to
the Office of Orphan Products Development (OOPD), Food and Drug
Administration, 10903 New Hampshire Ave., Bldg. 32, Rm. 5295, Silver
Spring, MD 20993-0002. Send one self-addressed adhesive label to assist
the office in processing your requests. The guidance may also be
obtained by mail by calling OOPD at<PHONE_NUMBER>. See the SUPPLEMENTARY
INFORMATION section for electronic access to the guidance document.
    Submit electronic comments on the guidance to http://www.regulations.gov. Submit written comments on the guidance to the
Division of Dockets Management (HFA-305), Food and Drug Administration,
5630 Fishers Lane, Rm. 1061, Rockville, MD 20852.

FOR FURTHER INFORMATION CONTACT: James D. Bona, Office of Orphan
Products Development (OOPD), Food and Drug Administration, Bldg. 32,
Rm. 5204, 10903 New Hampshire Ave., Silver Spring, MD 20993, 301-796-
8673, email<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION:

I. Background

    FDA is announcing the availability of a guidance for industry,
researchers, patient groups, and FDA staff entitled ``Meetings with the
Office of Orphan Products Development.'' Each year, OOPD staff
participates in meetings with stakeholders who seek guidance or
clarification relating to orphan drug or HUD designation requests, OOPD
grant programs, or other rare disease issues. These meetings can be
``informal'' or ``formal'' and help build a common understanding on
FDA's thoughts on orphan products, which may include drugs, biological
products, devices, or medical foods for a rare disease or condition.
These meetings may represent critical points in the orphan product
development process and may even have an impact on the eventual
availability of products for patients with rare diseases and
conditions. It is important that these meetings be scheduled within a
reasonable time, conducted effectively, and documented where
appropriate. This guidance is intended to provide consistent procedures
to promote well-managed meetings between OOPD and stakeholders.
    Topics addressed in this guidance include: (1) Clarification of
what constitutes an ``informal'' or ``formal'' meeting, (2) program
areas within OOPD that may be affected by this draft guidance, (3)
procedures for requesting and scheduling meetings with OOPD, (4)
description of what constitutes a meeting package, and (5) procedures
for the conduct and documentation of meetings with OOPD.
    In the Federal Register of April 9, 2014 (79 FR 19623), FDA issued,
for public comment, ``Draft Guidance for Industry, Researchers, Patient
Groups, and Food and Drug Administration Staff on Meetings with the
Office of Orphan Products Development.'' The Agency issued this draft
guidance to assist stakeholders with requesting, preparing, scheduling,
conducting, and documenting meetings with OOPD. In particular, the
draft guidance provided clarification on what constitutes an
``informal'' or ``formal'' meeting, program areas within OOPD that may
be affected by the guidance, procedures for requesting and scheduling
meetings with OOPD, description of what constitutes a meeting package,
and procedures for the conduct and documentation of meetings.
    We received several comments on the draft guidance. Most comments
appreciated the clarification and explanation provided by the draft
guidance. Some comments made recommendations to improve clarity.
    FDA is issuing the draft guidance in final form with minor
revisions to improve clarity. This guidance is being issued consistent
with FDA's good guidance practices regulation (21 CFR 10.115). The
guidance represents the

Agency's current thinking on meetings with OOPD. It does not create or
confer any rights for or on any person and does not operate to bind FDA
or the public. An alternative approach may be used if such approach
satisfies the requirements of the applicable statutes and regulations.

II. Paperwork Reduction Act of 1995

    This guidance contains information collection provisions that are
subject to review by the Office of Management and Budget (OMB) under
the Paperwork Reduction Act of 1995 (44 U.S.C. 3501-3520). The
collections of information in this guidance were approved under OMB
control numbers 0910-0167, 0910-0332, and 0910-0787.

III. Comments

    Interested persons may submit either electronic comments regarding
this document to http://www.regulations.gov or written comments to the
Division of Dockets Management (see ADDRESSES). It is only necessary to
send one set of comments. Identify comments with the docket number
found in brackets in the heading of this document. Received comments
may be seen in the Division of Dockets Management between 9 a.m. and 4
p.m., Monday through Friday, and will be posted to the docket at http://www.regulations.gov.

IV. Electronic Access

    Persons with access to the Internet may obtain the document at
either http://www.fda.gov/RegulatoryInformation/Guidances/default.htm
or at http://www.regulations.gov.

    Dated: July 2, 2015.
Leslie Kux,
Associate Commissioner for Policy.
[FR Doc. 2015-16773 Filed 7-8-15; 8:45 am]
 BILLING CODE 4164-01-P


[Federal Register Volume 79, Number 140 (Tuesday, July 22, 2014)]
[Notices]
[Pages 42509-42510]
[FR Doc No: 2014-17207]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. CP14-88-000; Docket No. CP14-100-000]

Tennessee Gas Pipeline Company, L.L.C.; National Fuel Gas Supply
Corporation; Notice of Availability of the Environmental Assessment for
the Proposed Niagara Expansion Project and Northern Access 2015 Project

    The staff of the Federal Energy Regulatory Commission (FERC or
Commission) has prepared an environmental assessment (EA) for the
Niagara Expansion Project, proposed by Tennessee Gas Pipeline Company,
L.L.C. (TGP) and the Northern Access 2015 Project, proposed by National
Fuel Gas Supply Corporation (National Fuel) in the above-referenced
dockets. TGP requests authorization to construct new natural gas
pipeline facilities and modifications at existing compressor and meter
stations in Erie and Chautauqua Counties, New York and Mercer County,
Pennsylvania to lease 140,000 dekatherms per day of natural gas
capacity from National Fuel. National Fuel proposes to construct
compression and metering facilities in Erie and Cattaraugus Counties,
New York to provide the proposed leased capacity to TGP. According to
TGP and National Fuel, their projects would increase natural gas
delivery capacity in the northeast region of the U.S.
    The EA assesses the potential environmental effects of the
construction and operation of the Niagara Expansion Project and the
Northern Access 2015 Project in accordance with the requirements of the
National Environmental Policy Act. The FERC staff concludes that
approval of

the proposed projects, with appropriate mitigating measures, would not
constitute a major federal action significantly affecting the quality
of the human environment.
    TGP proposes to construct approximately 3.1 miles of 30-inch-
diameter natural gas pipeline in Chautauqua County, New York; modify
piping at an existing compressor station in Mercer County,
Pennsylvania; install a new pig \1\ receiver at an existing compressor
station in Chautauqua County, New York; and modify an existing meter
station in Erie County, New York to allow for bi-directional flow.
---------------------------------------------------------------------------

    \1\ A pig is an internal tool that can be used to clean and dry
a pipeline and/or to inspect it for damage or corrosion.
---------------------------------------------------------------------------

    National Fuel proposes to construct a new 15,400 horsepower
compressor station in Cattaraugus County, New York; install 7,700
horsepower of additional compression and ancillary facilities at the
existing Concord Compressor Station in Erie County, New York; and
modify the existing East Eden Station in Erie County, New York to allow
for bi-directional flow.
    The FERC staff mailed copies of the EA to federal, state, and local
government representatives and agencies; elected officials;
environmental and public interest groups; Native American tribes;
potentially affected landowners and other interested individuals and
groups; newspapers and libraries in the project area; and parties to
this proceeding. In addition, the EA is available for public viewing on
the FERC's Web site (www.ferc.gov) using the eLibrary link. A limited
number of copies of the EA are available for distribution and public
inspection at: Federal Energy Regulatory Commission, Public Reference
Room, 888 First Street NE., Room 2A, Washington, DC 20426, (202) 502-
8371.
    Any person wishing to comment on the EA may do so. Your comments
should focus on the potential environmental effects, reasonable
alternatives, and measures to avoid or lessen environmental impacts.
The more specific your comments, the more useful they will be. To
ensure that the Commission has the opportunity to consider your
comments prior to making its decision on this project, it is important
that we receive your comments in Washington, DC on or before August 15,
2014.
    For your convenience, there are three methods you can use to file
your comments with the Commission. In all instances, please reference
the project docket number (CP14-88-000 or CP14-100-000) with your
submission. The Commission encourages electronic filing of comments and
has expert staff available to assist you at<PHONE_NUMBER> or
<EMAIL_ADDRESS>    (1) You can file your comments electronically using the eComment
feature on the Commission's Web site (www.ferc.gov) under the link to
Documents and Filings. This is an easy method for submitting brief,
text-only comments on a project;
    (2) You can also file your comments electronically using the
eFiling feature on the Commission's Web site (www.ferc.gov) under the
link to Documents and Filings. With eFiling, you can provide comments
in a variety of formats by attaching them as a file with your
submission. New eFiling users must first create an account by clicking
on ``eRegister.'' You must select the type of filing you are making. If
you are filing a comment on a particular project, please select
``Comment on a Filing''; or
    (3) You can file a paper copy of your comments by mailing them to
the following address: Kimberly D. Bose, Secretary, Federal Energy
Regulatory Commission, 888 First Street NE., Room 1A, Washington, DC
20426.
    Any person seeking to become a party to the proceeding must file a
motion to intervene pursuant to Rule 214 of the Commission's Rules of
Practice and Procedures (18 CFR 385.214).\2\ Only intervenors have the
right to seek rehearing of the Commission's decision. The Commission
grants affected landowners and others with environmental concerns
intervenor status upon showing good cause by stating that they have a
clear and direct interest in this proceeding which no other party can
adequately represent. Simply filing environmental comments will not
give you intervenor status, but you do not need intervenor status to
have your comments considered.
---------------------------------------------------------------------------

    \2\ See the previous discussion on the methods for filing
comments.
---------------------------------------------------------------------------

    Additional information about the project is available from the
Commission's Office of External Affairs, at (866) 208-FERC, or on the
FERC Web site (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 (i.e., CP14-
88 or CP14-100). Be sure you have selected an appropriate date range.
For assistance, please contact FERC Online Support at
<EMAIL_ADDRESS>or toll free at<PHONE_NUMBER>, or for TTY,
contact<PHONE_NUMBER>. The eLibrary link also provides access to the
texts of formal documents issued by the Commission, such as orders,
notices, and rulemakings.
    In addition, the Commission offers a free service called
eSubscription which allows you to keep track of all formal issuances
and submittals in specific dockets. This can reduce the amount of time
you spend researching proceedings by automatically providing you with
notification of these filings, document summaries, and direct links to
the documents. Go to www.ferc.gov/docs-filing/esubscription.asp.

    Dated: July 16, 2014.
Kimberly D. Bose,
Secretary.
[FR Doc. 2014-17207 Filed 7-21-14; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 79, Number 102 (Wednesday, May 28, 2014)]
[Notices]
[Page 30633]
[FR Doc No: 2014-12335]

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DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

[Docket ID FEMA-2013-0018; OMB No. 1660-0061]

Agency Information Collection Activities: Submission for OMB
Review; Comment Request, Federal Assistance to Individuals and
Households Program (IHP)

AGENCY: Federal Emergency Management Agency, DHS.

ACTION: Notice.

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

SUMMARY: The Federal Emergency Management Agency (FEMA) will submit the
information collection abstracted below to the Office of Management and
Budget for review and clearance in accordance with the requirements of
the Paperwork Reduction Act of 1995. The submission will describe the
nature of the information collection, the categories of respondents,
the estimated burden (i.e., the time, effort and resources used by
respondents to respond) and cost, and the actual data collection
instruments FEMA will use.

DATES: Comments must be submitted on or before June 27, 2014.

ADDRESSES: Submit written comments on the proposed information
collection to the Office of Information and Regulatory Affairs, Office
of Management and Budget. Comments should be addressed to the Desk
Officer for the Department of Homeland Security, Federal Emergency
Management Agency, and sent via electronic mail to
<EMAIL_ADDRESS>or faxed to<PHONE_NUMBER>.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the information collection should be made to Director,
Records Management Division, 1800 South Bell Street, Arlington, VA
20598-3005, facsimile number<PHONE_NUMBER>, or email address<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION:

Collection of Information

    Title: Federal Assistance to Individuals and Households Program
(IHP).
    Type of Information Collection: Revision of a currently approved
information collection.
    OMB Number: 1660-0061.
    Form Titles and Numbers: FEMA Form 010-0-11, Administrative Option
Agreement for the Other Needs provision of Individuals and Households
Program (IHP); FEMA Form 010-0-12, Request for Continued Assistance
(Application for Continued Temporary Housing Assistance); FEMA Form
010-0-12S (Spanish) Solicitud para Continuar la Asistencia de Vivienda
Temporera.
    Abstract: The Federal Assistance to Individuals and Households
Program (IHP) enhances applicants' ability to request approval of late
applications, request continued assistance, and appeal program
decisions. Similarly, it allows States to partner with FEMA for
delivery of disaster assistance under the ``Other Needs'' provision of
the IHP through Administrative Option Agreements and Administration
Plans addressing the level of managerial and resource support
necessary.
    Affected Public: State, Local or Tribal Government.
    Estimated Number of Respondents: 59,073.
    Estimated Total Annual Burden Hours: 65,267 hours.
    Estimated Cost: The estimated annual cost to respondents for the
hour burden is $2,043,275.28. There are no annual costs to respondents
operations and maintenance costs for technical services. There is no
annual start-up or capital costs. The cost to the Federal Government is
$213,556.60.

    Dated: May 21, 2014.
Charlene D. Myrthil,
Director, Records Management Division, Mission Support Bureau, Federal
Emergency Management Agency, Department of Homeland Security.
[FR Doc. 2014-12335 Filed 5-27-14; 8:45 am]
BILLING CODE 9111-23-P


[Federal Register Volume 81, Number 244 (Tuesday, December 20, 2016)]
[Rules and Regulations]
[Page 92664]
[FR Doc No: 2016-30576]

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DEPARTMENT OF HOMELAND SECURITY

Coast Guard

33 CFR Part 117

[Docket No. USCG-2016-1056]

Drawbridge Operation Regulation; Calcasieu River, Westlake, LA

AGENCY: Coast Guard, DHS.

ACTION: Notice of deviation from drawbridge regulations.

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

SUMMARY: The Coast Guard has issued a temporary deviation from the
operating schedule that governs the Westlake Bridge across the
Calcasieu River, mile 36.4, at Westlake, Calcasieu Parish, Louisiana.
The deviation is necessary to repair and replace the existing lift
rails and actuators on the east end of the bridge. These repairs are
essential for the continued safe operation of the bridge. This
deviation allows the bridge to remain closed-to-navigation for a total
of 36 hours on four different dates in December 2016 and January 2017.

DATES: This temporary deviation is effective from 6 a.m. on Sunday,
December 25, 2016 through noon on Monday, January 2, 2017, as discussed
in greater detail below.

ADDRESSES: The docket for this deviation, [USCG-2016-1056] is available
at http://www.regulations.gov. Type the docket number in the ``SEARCH''
box and click ``SEARCH''. Click on Open Docket Folder on the line
associated with this deviation.

FOR FURTHER INFORMATION CONTACT: If you have questions on this
temporary deviation, call or email Giselle MacDonald, Bridge
Administration Branch, Coast Guard, telephone<PHONE_NUMBER>, email
<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION: The Union Pacific Railroad requested a
temporary deviation from the operating schedule of the Westlake Swing-
Span Bridge across the Calcasieu River, mile 36.4, at Westlake,
Calcasieu Parish, Louisiana.
    The vertical clearance of the bridge is 1.07 feet above Mean High
Water, elevation 3.56 feet Mean Gulf Level in the closed-to-navigation
position and unlimited in the open-to-navigation position. The bridge
will not be able to open for emergencies and there are no alternate
routes available. Navigation on the waterway consists of tugs with
tows, fishing vessels and recreational craft. These closures will not
have a significant effect on vessels that use the waterway in the
determination and coordination with waterway users.
    In accordance with 33 CFR 117.5, the draw shall open on signal for
the passage of vessels. This deviation allows the drawbridge to remain
in the closed-to-navigation position for 36 hours, from 6 a.m. through
6 p.m. on Sunday, December 25, 2016; from 6 a.m. through noon on
Monday, December 26, 2016; from 6 a.m. through 6 p.m. on Sunday,
January 1, 2017; and from 6 a.m. through noon on Monday, January 2,
2017.
    In accordance with 33 CFR 117.35(e), the drawbridge must return to
its regular operating schedule immediately at the end of the effective
period of this temporary deviation. This deviation from the operating
regulations is authorized under 33 CFR 117.35.

    Dated: December 14, 2016.
David M. Frank,
Bridge Administrator, Eighth Coast Guard District.
[FR Doc. 2016-30576 Filed 12-19-16; 8:45 am]
 BILLING CODE 9110-04-P


                           BOSTON  -  OSHA Region I
                             JFK Federal Building
                             25 New Sudbury Street
                                   Room E340
                               Boston, MA 02203
                              Phone:<PHONE_NUMBER>
                               Fax:<PHONE_NUMBER>

                            Regional Administrator
                                Marthe B. Kent

                                   Deputy RA
                               Robert B. Hooper

                            RA Executive Assistant
                                 Leslie Doyle

                                Covered States:
                                MA, ME, NH, RI

                                  State Plan:
                                      VT

                           Public Sector State Plan:
                                      CT
                          New York  -  OSHA Region II
                           U.S. Depart of Labor/OSHA
                               201 Varick Street
                                   Room 670
                              New York, NY 10014
                              Phone:<PHONE_NUMBER>
                               Fax:<PHONE_NUMBER>
                            Regional Administrator
                                  Bob Kulick

                                   Deputy RA
                               Richard Mendelson
                                       .
                                 RA Secretary
                                 Marie L. Fero

                                Covered States:
                           NJ#, NY#, PR#, and USVI#

                           Public Sector State Plan:
                                      = #
                       Philadelphia  -  OSHA Region III
                            US Department of Labor
                               The Curtis Center
                                Suite 740 West
                            170 South Independence
                                   Mall West
                          Philadelphia, PA 19106-3309
                              Phone:<PHONE_NUMBER>
                               Fax:<PHONE_NUMBER>
                            Regional Administrator
                               MaryAnn Garrahan

                                   Deputy RA
                                Kurt Petermeyer

                            RA Executive Assistant
                                    Vacant

                                Covered States:
                            DE, DC, MD, PA, VA, WV

                                  State Plan:
                                    MD, VA
                           Atlanta - OSHA Region IV

                               Sam Nunn Atlanta
                                Federal Center
                            61 Forsyth Street, S.W
                                   Room 6T50
                               Atlanta, GA 30303
                              Phone:<PHONE_NUMBER>
                               Fax:<PHONE_NUMBER>

                            Regional Administrator
                                 Cindy A. Coe

                                   Deputy RA
                              Teresa A. Harrison

                                 RA Secretary
                           Alberta Strickland Hughey
                                Covered States:
                                AL, FL, GA, MS

                                  State Plan:
                                KY, NC, SC, TN
                               Chicago Region V
                           230 South Dearborn Street
                                   Room 3244
                               Chicago, IL 60604
                              Phone:<PHONE_NUMBER>
                               Fax:<PHONE_NUMBER>

                            Regional Administrator
                                 Nick Walters

                                   Deputy RA
                                    Vacant

                                 RA Secretary
                                  Anita Mock

                                Covered Sites:
                                  IL, OH, WI

                                  State Plan
                                  MI, MN, IN
                               Dallas  Region VI
                           525 South Griffin Street
                                   Suite 602
                               Dallas, TX 75202
                              Phone:<PHONE_NUMBER>
                               Fax:<PHONE_NUMBER>
                             FSO Fax:<PHONE_NUMBER>

                            Regional Administrator
                                John Hermanson

                                   Deputy RA
                                  Eric Harbin

                                 RA Secretary
                               Lindell Greening

                                Covered States:

                                AR, LA, OK, TX

                                  State Plan:

                                      NM
                        Kansas City  -  OSHA Region VII
                              Two Pershing Square
                          2300 Main Street, Ste 1010
                          Kansas City, MO 64108-2416
                              Phone:<PHONE_NUMBER>
                           Voice Mail:<PHONE_NUMBER>
                               Fax:<PHONE_NUMBER>

                            Regional Administrator
                                Charles Adkins

                                   Deputy RA
                                 Marcia Drumm

                            RA Executive Assistant
                               Adriana Dominquez

                                Covered States:

                                  KS, MO, NE

                                  State Plan:

                                      IA
                          Denver  -  OSHA Region VIII
                           1999 Broadway, Suite 1690
                               Denver, CO 80202
                              Phone:<PHONE_NUMBER>
                               Fax:<PHONE_NUMBER>
                            Regional Administrator
                                Gregory Baxter

                                   Deputy RA
                                  Nancy Smith

                            Administrative Support
                                 Meegan Rogers
                                Covered States:

                                CO, MT, ND, SD

                                  State Plan:
                                    WY, UT
                       San Francisco  -  OSHA Region IX
                        San Francisco Federal Building
                         90 7[th] Street, Suite 18100
                            San Francisco, CA 94103
                              Phone:<PHONE_NUMBER>
                               Fax:<PHONE_NUMBER>
                            Regional Administrator
                              Ken Nishiyama Atha

                                   Deputy RA
                                    Vacant

                                Staff Assistant
                                 Prisca Chinn
                                Covered States:

                                AZ, CA, HI, NV

                                 Territories:
      Guam, American Samoa, and Commonwealth of Northern Mariana Islands

                            Seattle - OSHA Region X
                               300 Fifth Street
                                  Suite 1280
                            Seattle, WA 98104-3212
                              Phone:<PHONE_NUMBER>
                               Fax:<PHONE_NUMBER>

                            Regional Administrator
                                 Dean Y. Ikeda

                                   Deputy RA
                                David L. Mahlum

                                 RA Secretary
                                  Janet Stitz

                                Covered States:

                                      ID

                                  State Plan:

                                  AK, OR, WA


[Federal Register Volume 81, Number 40 (Tuesday, March 1, 2016)]
[Rules and Regulations]
[Page 10475]
[FR Doc No: 2016-04389]

=======================================================================
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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

18 CFR Part 11

[Docket No. RM11-6-000]

Annual Update to Fee Schedule for the Use of Government Lands by
Hydropower Licensees

AGENCY: Federal Energy Regulatory Commission, Energy.

ACTION: Final rule; errata notice.

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

SUMMARY: This document contains corrections to the final rule (RM11-6-
000) which published in the Federal Register on Wednesday, February 24,
2016 (81 FR 9090). The Final Rule provided the annual update to the fee
schedule in Appendix A to Part 11, which lists per-acre rental fees by
county (or other geographic area) for use of government lands by
hydropower licensees and updated Appendix A to Part 11 with the fee
schedule of per-acre rental fees by county (or other geographic area)
from October 1, 2015, through September 30, 2016 (Fiscal Year 2016).

DATES: Effective March 1, 2016, and is applicable beginning February
24, 2016.

FOR FURTHER INFORMATION CONTACT: Norman Richardson, Financial
Management Division, Office of the Executive Director, Federal Energy
Regulatory Commission, 888 First Street NE., Washington, DC 20426,
(202) 502-6219<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION: On February 18, 2016 the Commission issued
an Annual Update to Fee Schedule for the Use of Government Lands for
Hydropower Licensees in the above-captioned proceeding. The Notice
stated that the fiscal year was October 1, 2015 through September 30,
2015. This errata notice corrects the fiscal year to October 1, 2015
through September 30, 2016.

    Issued: February 23, 2016.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2016-04389 Filed 2-29-16; 8:45 am]
 BILLING CODE 6717-01-P