[Federal Register Volume 78, Number 25 (Wednesday, February 6, 2013)]
[Notices]
[Page 8684]
[FR Doc No: 2013-02598]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

Fifteenth Meeting: RTCA Special Committee 217--Aeronautical
Databases Joint with EUROCAE WG-44--Aeronautical Databases

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

ACTION: Notice of RTCA Special Committee 217--Aeronautical Databases
Joint with EUROCAE WG-44--Aeronautical Databases.

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SUMMARY: The FAA is issuing this notice to advise the public of a
meeting of RTCA Special Committee 217--Aeronautical Databases being
held jointly with EUROCAE WG-44--Aeronautical Databases.

DATES: The meeting will be held February 25 through March 1, 2013, from
9:00 a.m. to 5:00 p.m.

ADDRESSES: The meeting will be held at Eurocontrol Headquarters, Rue de
la Fus[eacute]e, 96 1130, Brussels (Haren), Belgium.

FOR FURTHER INFORMATION CONTACT: The RTCA Secretariat, 1150 18th Street
NW., Suite 910, Washington, DC, 20036, or by telephone at (202) 833-
9339, fax at<PHONE_NUMBER>, or Web site at http://www.rtca.org.

SUPPLEMENTARY INFORMATION: Pursuant to section 10(a) (2) of the Federal
Advisory Committee Act (Pub. L. 92-463, 5 U.S.C., App.), notice is
hereby given for a meeting of RTCA Special Committee 217--Aeronautical
Databases held jointly with EUROCAE WG-44--Aeronautical Databases. The
agenda will include the following:

Monday, February 25--Opening Plenary Session

 Co-Chairmen's remarks and introductions
    [cir] Introduction of new RTCA Program Director
 Housekeeping
 Approve minutes from 14th meeting
 Review and approve meeting agenda for 15th meeting
 Schedule and working arrangements for the week
 Closing Plenary Schedule

Monday thru Thursday, February 25 to 28--Working Group Sessions

Working Group One (WG1)--DO-200A/ED-76--Stephane Dubet

 Review of WG44/SC217 ToR and discussion of the scope of WG1
 Current ED76/DO200A
    [cir] Overview of the standard
    [cir] Review of the current version assets and identified
shortcomings
 Other related standards and initiatives
    [cir] ICAO
    [cir] FAA
    [cir] EU SES (EU73/2010 a.k.a. ADQ1, ADQ2)
    [cir] Other EUROCAE/RTCA standards
 Review of ED76 change scoping
    [cir] Initial European scoping exercise
    [cir] US review and comments
    [cir] Further inputs
    [cir] Conclusions
 Organization of the updating effort, working arrangements, and
implementation

Working Group Two (WG2)--DO-272/DO-276/DO-291--John Kasten

 Action Item Review
     Highest Priority Updates (as documented in Salt Lake City
Meeting)
    [cir] Update ASRN for De-Icing Areas, Aprons and Parking Areas, DO-
272
    [cir] Format for Capture Rules and Geometric Constraints, DO-272
and DO-276
    [cir] Use of ``location'' in feature and attribute names, DO-272
and DO-276, impact on DO-291
    [cir] Investigate reformatting DO-291 for two parts, Airport
Mapping and Terrain/Obstacle
    [cir] Requirements for Low Visibility Taxi Routes, DO-272
    [cir] Requirements for Preferred Taxi Routes, DO-272
    [cir] Resolve Painted Centerline feature. DO-272
    [cir] Resolve Bridge Point data capture, DO-272
    [cir] Address Airport Information in Textual Format (AITF), DO-272
    [cir] Update Taxiway Feature Attributes (intersections), DO-272
    [cir] Requirements for Markings, e.g. Apron Entry, DO-272
    [cir] Requirements for Runway Feature Attributes related to surface
conditions, e.g. rubber on runway, DO-272
    [cir] Requirements, directionality of hold positions, DO-272
    [cir] ATC Requirements for use of ASRN, DO-272
    [cir] Requirements for supporting D-NOTAM, DO-272
    [cir] Requirements for Runway Intersection when more than two, DO-
272
 Update on Activities--ARINC 816, DO-272 and DO-276

Friday, March 1--Closing Plenary session

 Presentation of WG1 and WG2 conclusions
 Proposed way forward
 Working arrangements for remaining work
 Review of action items
 Next meetings, dates and locations
 Any other business
 Adjourn

    Attendance is open to the interested public but limited to space
availability. With the approval of the chairman, members of the public
may present oral statements at the meeting. Persons wishing to present
statements or obtain information should contact the person listed in
the FOR FURTHER INFORMATION CONTACT section. Members of the public may
present a written statement to the committee at any time.

    Issued in Washington, DC, on January 30, 2013.
Paige L. Williams,
Management Analyst, Business Operations Group, ANG-A12, Federal
Aviation Administration.
[FR Doc. 2013-02598 Filed 2-5-13; 8:45 am]
BILLING CODE 4910-13-P


Ex. 0037

CD titled "Roadway Safety +: Disaster Response."

by

American Road and Transportation Builders Association.

This document is copyrighted material. A copy is available for

viewing in the OSHA Docket Office/Technical Data Center, FPB,

200 Constitution Avenue, Rm. N2625, Washington, DC 20210

See Docket Office Staff


[Federal Register Volume 84, Number 99 (Wednesday, May 22, 2019)]
[Notices]
[Page 23591]
[FR Doc No: 2019-10644]

=======================================================================
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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-85879; File No. SR-CboeEDGX-2019-012]

Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice
of Designation of Longer Period for Commission Action on Proposed Rule
Change To Introduce Retail Priority

May 16, 2019.
    On March 18, 2019, Cboe EDGX Exchange, 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 introduce
order book priority for equity orders submitted on behalf of retail
investors. The proposed rule change was published for comment in the
Federal Register on April 5, 2019.\3\ The Commission received four
comment letters on the proposed rule change.\4\
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 85482 (April 2,
2019), 84 FR 13729 (``Notice'').
    \4\ See letters to Vanessa Countryman, Acting Secretary,
Commission, from Sean Paylor, Trader, AJO, L.P., dated April 25,
2019; Joseph Saluzzi and Sal Arnuk, Partners, Themis Trading LLC,
dated May 8, 2019; T. Sean Bennett, Principal Associate General
Counsel, Nasdaq, dated May 9, 2019; letter to Eduardo A. Aleman,
Deputy Secretary, Commission from Stephen John Berger, Global Head
of Government & Regulatory Policy, Citadel Securities, dated April
26, 2019. All comments received by the Commission on the proposed
rule change are available at: https://www.sec.gov/comments/sr-cboeedgx-2019-012/srcboeedgx2019012.htm.
---------------------------------------------------------------------------

    Section 19(b)(2) of the Act \5\ provides that within 45 days of the
publication of notice of the filing of a proposed rule change, or
within such longer period up to 90 days as the Commission may designate
if it finds such longer period to be appropriate and publishes its
reasons for so finding or as to which the self-regulatory organization
consents, the Commission shall either approve the proposed rule change,
disapprove the proposed rule change, or institute proceedings to
determine whether the proposed rule change should be disapproved. The
45th day for this filing is May 20, 2019.
---------------------------------------------------------------------------

    \5\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------

    The Commission is extending the 45-day time period for Commission
action on the proposed rule change. The Commission finds that it is
appropriate to designate a longer period within which to take action on
the proposed rule change so that it has sufficient time to consider the
Exchange's proposed rule change, the comments received, and the
Exchange's response to comments.
    Accordingly, pursuant to Section 19(b)(2)(A)(ii)(I) of the Act \6\
and for the reasons stated above, the Commission designates July 4,
2019 as the date by which the Commission should either approve or
disapprove, or institute proceedings to determine whether to
disapprove, the proposed rule change (File No. CboeEDGX-2019-012).
---------------------------------------------------------------------------

    \6\ 15 U.S.C. 78s(b)(2)(A)(ii)(I).

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\7\
---------------------------------------------------------------------------

    \7\ 17 CFR 200.30-3(a)(31).
---------------------------------------------------------------------------

Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-10644 Filed 5-21-19; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register Volume 86, Number 15 (Tuesday, January 26, 2021)]
[Notices]
[Pages 7165-7166]
[FR Doc No: 2021-01686]

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

Federal Aviation Administration

[Docket No. FAA-2020-1056]

Agency Information Collection Activities: Requests for Comments;
Clearance of a New Approval of Information Collection: Unmanned
Aircraft Systems (UAS) Market Survey

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice and request for comments.

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

SUMMARY: In accordance with the Paperwork Reduction Act of 1995, FAA
invites public comments about our intention to request the Office of
Management and Budget (OMB) approval for a new information collection.
The Federal Register Notice with a 60-day comment period soliciting
comments on the following collection of information was published on
November 17, 2020. The collection involves an electronic distribution
of a survey to gather information on current practices for pilots of
unmanned aircraft systems (UAS). The target information to be gathered
is the common fatigue-related practices, and the minimum knowledge,
skills, abilities (KSAs), testing, and staffing procedures required for
operating UAS. The information to be collected will be used to inform
future rulemaking and the development of supporting guidance. The
information is necessary because the existing regulatory framework, to
include the certification of airmen, was not designed with remote
pilots in mind. To broadly integrate UAS and remote pilots into the
National Airspace System, further rulemaking will be required to
address remote pilot certification for air carrier operations and
flight and duty time periods applicable to remote pilot air carrier
operations.

DATES: Written comments should be submitted by February 25, 2021.

ADDRESSES: Please send written comments:
    By Electronic Docket: https://www.regulations.gov (Enter docket
number into search field).
    By mail: Kevin Williams, Ph.D., Bldg. 13, Rm. 250D, 6500 S
MacArthur Blvd., Oklahoma City, OK 73125.
    By fax:<PHONE_NUMBER>.

FOR FURTHER INFORMATION CONTACT: Ashley Awwad by email at:
<EMAIL_ADDRESS>phone:<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION:
    Public Comments Invited: You are asked to comment on any aspect of
this information collection, including: (a) Whether the proposed
collection of information is necessary for FAA's performance; (b) the
accuracy of the estimated burden; (c) ways for FAA to enhance the
quality, utility and clarity of the information collection; and (d)
ways that the burden could be minimized without reducing the quality of
the collected information.
    OMB Control Number: 2120-XXXX.
    Title: Unmanned Aircraft Systems (UAS) Market Survey.
    Form Numbers: There are no forms associated with this collection.
    Type of Review: New information collection.
    Background: The FAA published a Notice in the Federal Register on
November 17, 2020, seeking comment for a period of 60-days on its
intent to conduct a UAS market survey that

would collect information pertaining to UAS air carrier-like operations
(85 FR 73334). The FAA received supporting comments from four
organizations: Airlines for America, Small UAV Coalition, Helicopter
Association International (HAI), and the National Agricultural Aviation
Association (NAAA).
    HAI believes this collection is a valuable opportunity and will be
an effective source of information to inform FAA. NAAA commented that
it is vital that a safe, low-altitude airspace exist for all users and
advocates for pilots of UAS operations to hold a pilot certificate.
NAAA added that the proposed collection would support establishing the
minimum knowledge, skills, abilities, testing, and staffing procedures
required for operating UAS. Similarly, the Small UAV Coalition supports
the proposed collection recognizing the benefits of establishing
minimum requirements in terms of aeronautical knowledge and in-flight
practical training and testing for remote pilots conducting air carrier
operations and suggests adjustments are necessary from existing remote
pilot certificate requirements for operations conducted under 14 CFR
part 107.
    Three of these commenters included recommendations for who should
be eligible to respond to the survey. HAI suggested the FAA seek
responses from the broadest possible cross-section of operations. HAI
noted that many legacy rotorcraft organizations conducting a wide
variety of operations have integrated UAS into their operations with
more expected to follow. Data gathered from persons with experience in
both manned and unmanned operations could be valuable. NAAA recommended
that respondents include pilots with manned aircraft experience in
operating around UAS, specifically those that normally conduct
operations in low-altitude environments, though not necessarily
experienced in flying unmanned aircraft.
    The FAA agrees that information from a broad cross-section of the
aviation industry is important in gathering the data it seeks with this
collection. The survey is designed such that respondents can indicate
which area of the industry they represent. This will aid in
understanding the more specific information gathered in the survey
regarding knowledge, skill, training, testing, and fatigue-related
policies and procedures. The FAA has specifically included some of the
recommended industries of agriculture, infrastructure, and emergency
response. If a respondent's industry is not part of the generated
listed, they will have the opportunity to write it in. Because of the
UAS-specific information and experience we are seeking, we are
requiring that the respondents have some kind of work-related
experience with unmanned aircraft or that their organization currently
operates or plans to operate unmanned aircraft commercially.
    The Small UAV Coalition noted in its comments that the FAA did not
explain how it arrived at the estimate of 180 respondents. The Small
UAV Coalition believes the survey should include Part 107 waiver
holders because of the experience they have in complex UAS operations,
particularly those beyond the line of sight of the remote pilot.
    The FAA arrived at the estimate of 180 respondents due to both
statistical reasons and prior experience with survey data collections.
The requirement for 180 respondents represents a sufficient amount
needed to draw reliable and valid conclusions from the data while
reducing the American public's paperwork burden as much as possible.
Exceeding this number will not be problematic from a statistical
viewpoint, and given that the survey is being distributed
electronically, should not be a problem from a paperwork burden
viewpoint as well. The FAA has generated a list of potential
respondents to invite for participation, which helped to estimate the
potential number. However, the number of respondents is not limited to
only those on that list. The survey link can be forwarded or made
available to others. Acknowledging the comments received regarding
distribution and who it should include, the FAA will provide the survey
link to NAAA, HAI, and the Small UAV Coalition by means of an
invitational email. Enclosed in the invitational email is a survey link
that states, ``You may forward this survey to your colleagues and peers
who meet this criteria, even if you do not.'' Thus, these organizations
can then email the survey invitation to their membership as they deem
appropriate given the information the FAA has provided. Due to privacy
concerns, the FAA will neither share nor accept participant contact
lists but will encourage the organization to share the survey link with
individuals who meet the survey criteria.
    The Small UAV Coalition also suggested that the academic experts
should include those ``who have examined how fatigue may occur while a
human operates a machine with increasing levels of autonomy as well as
complexity in tasks'' noting that these experts may not have experience
with UAS operations, but their information may be valuable.
    The FAA appreciates the suggestion and agrees that the fatigue
information recommended would be valuable but such information exceeds
the scope of the survey. The FAA has other research tasks that better
capture this type of fatigue information. This particular survey is
seeking operation-specific details and policies that organizations may
have concerning time on duty in relationship to tasks, and other
fatigue-related policies. As noted previously, this survey would not
prevent someone with that kind of expertise from responding, but the
questions are not designed to capture other research that is available.
    Respondents: 180 respondents.
    Frequency: One-time collection.
    Estimated Average Burden per Response: 45-minute burden per
response.
    Estimated Total Annual Burden: 135 hours, total burden.

    Issued in Oklahoma City, OK, on January 21, 2021.
Ashley Awwad,
Management and Program Analyst, FAA Aviation Safety, Civil Aerospace
Medical Institute, Flight Deck Human Factors Research Lab (AAM-510).
[FR Doc. 2021-01686 Filed 1-25-21; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 76, Number 202 (Wednesday, October 19, 2011)]
[Proposed Rules]
[Pages 64847-64849]
[FR Doc No: 2011-27009]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. FAA-2011-1090; Directorate Identifier 2011-NM-138-AD]
RIN 2120-AA64

Airworthiness Directives; Bombardier, Inc. Model DHC-8-400 Series
Airplanes

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice of proposed rulemaking (NPRM).

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

SUMMARY: We propose to adopt a new airworthiness directive (AD) for the
products listed above. This proposed AD results from mandatory
continuing airworthiness information (MCAI) originated by an aviation
authority of another country to identify and correct an unsafe
condition on an aviation product. The MCAI describes the unsafe
condition as:

    One case of the inability to open the airstair door while on
ground was reported in service. The airstair door seal did not
deflate, preventing the airstair door from opening. It was found
that the existing airstair door pneumatic shut-off valve control
logic prevents the airstair door seal from

deflating due to a single Input/Output Module failure under certain
conditions. The inability to open the airstair door could impede
evacuation in the event of an emergency.
* * * * *
    The proposed AD would require actions that are intended to address
the unsafe condition described in the MCAI.

DATES: We must receive comments on this proposed AD by December 5,
2011.

ADDRESSES: You may send comments 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., Q-Series Technical Help Desk, 123 Garratt Boulevard,
Toronto, Ontario M3K 1Y5, Canada; telephone<PHONE_NUMBER>; fax 416-375-
4539; e-mail<EMAIL_ADDRESS>Internet http://www.bombardier.com. You may review copies of the referenced service
information at the FAA, Transport Airplane Directorate, 1601 Lind
Avenue, SW., Renton, Washington. 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; or in person at the Docket Operations office
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: Cesar Gomez, Aerospace Engineer,
Airframe and Mechanical Systems Branch, ANE-171, FAA, New York Aircraft
Certification Office, 1600 Stewart Avenue, Suite 410, Westbury, New
York 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-2011-1090;
Directorate Identifier 2011-NM-138-AD'' at the beginning of your
comments. We specifically invite comments on the overall regulatory,
economic, environmental, and energy aspects of this proposed AD. We
will consider all comments received by the closing date and may amend
this proposed AD based on those comments.
    We will post all comments we receive, without change, to http://www.regulations.gov, including any personal information you provide. We
will also post a report summarizing each substantive verbal contact we
receive about this proposed AD.

Discussion

    The Transport Canada Civil Aviation (TCCA), which is the aviation
authority for Canada, has issued Canadian Airworthiness Directive CF-
2011-15, dated June 20, 2011 (referred to after this as ``the MCAI''),
to correct an unsafe condition for the specified products. The MCAI
states:

    One case of the inability to open the airstair door while on
ground was reported in service. The airstair door seal did not
deflate, preventing the airstair door from opening. It was found
that the existing airstair door pneumatic shut-off valve control
logic prevents the airstair door seal from deflating due to a single
Input/Output Module failure under certain conditions. The inability
to open the airstair door could impede evacuation in the event of an
emergency.
    This [Canadian] directive mandates the wiring changes [ModSum 4-
126513, Seal System Shut Off Valve Control Logic Change] to prevent
the above-mentioned failure conditions.

You may obtain further information by examining the MCAI in the AD
docket.

Relevant Service Information

    Bombardier, Inc. has issued Service Bulletin 84-52-69, Revision C,
dated June 28, 2011. 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.

Differences Between This AD and the MCAI or Service Information

    We have reviewed the MCAI and related service information and, in
general, agree with their substance. But we might have found it
necessary to use different words from those in the MCAI to ensure the
AD is clear for U.S. operators and is enforceable. In making these
changes, we do not intend to differ substantively from the information
provided in the MCAI and related service information.
    We might also have proposed different actions in this AD from those
in the MCAI in order to follow FAA policies. Any such differences are
highlighted in a NOTE within the proposed AD.

Costs of Compliance

    Based on the service information, we estimate that this proposed AD
would affect about 81 products of U.S. registry. We also estimate that
it would take about 12 work-hours per product to comply with the basic
requirements of this proposed AD. The average labor rate is $85 per
work-hour. Required parts would cost about $0 per product. Where the
service information lists required parts costs that are covered under
warranty, we have assumed that there will be no charge for these parts.
As we do not control warranty coverage for affected parties, some
parties may incur costs higher than estimated here. Based on these
figures, we estimate the cost of the proposed AD on U.S. operators to
be $82,620, or $1,020 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 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); and
    3. 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.
    We prepared a regulatory evaluation of the estimated costs to
comply with this proposed AD and placed it in the AD docket.

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

    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]

    2. The FAA amends Sec.  39.13 by adding the following new AD:

Bombardier, Inc.: Docket No. FAA-2011-1090; Directorate Identifier
2011-NM-138-AD.

Comments Due Date

    (a) We must receive comments by December 5, 2011.

Affected ADs

    (b) None.

Applicability

    (c) This AD applies to Bombardier, Inc. Model DHC-8-400, -401,
and -402 airplanes, certificated in any category, serial numbers
4001 through 4361 inclusive.

Subject

    (d) Air Transport Association (ATA) of America Code 52: Doors.

Reason

    (e) The mandatory continuing airworthiness information (MCAI)
states:
    One case of the inability to open the airstair door while on
ground was reported in service. The airstair door seal did not
deflate, preventing the airstair door from opening. It was found
that the existing airstair door pneumatic shut-off valve control
logic prevents the airstair door seal from deflating due to a single
Input/Output Module failure under certain conditions. The inability
to open the airstair door could impede evacuation in the event of an
emergency.
* * * * *

Compliance

    (f) You are responsible for having the actions required by this
AD performed within the compliance times specified, unless the
actions have already been done.

Actions

    (g) Within 6,000 flight hours after the effective date of this
AD: Incorporate ModSum 4-126513, Seal System Shut Off Valve Control
Logic Change, in accordance with the Accomplishment Instructions of
Bombardier Service Bulletin 84-52-69, Revision C, dated June 28,
2011.

Credit for Actions Accomplished in Accordance With Previous Service
Information

    (h) Actions accomplished before the effective date of this AD
according to Bombardier Service Bulletin 84-52-69, dated January 28,
2011; Revision A, dated April 26, 2011; or Revision B, dated May 9,
2011; are considered acceptable for compliance with the
corresponding actions specified in paragraph (g) of this AD.

FAA AD Differences

    Note 1:  This AD differs from the MCAI and/or service
information as follows: No differences.

Other FAA AD Provisions

    (i) 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 ACO, send it to ATTN: Program Manager, Continuing
Operational Safety, FAA, New York ACO, 1600 Stewart Avenue, Suite
410, Westbury, New York 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) Airworthy Product: For any requirement in this AD to obtain
corrective actions from a manufacturer or other source, use these
actions if they are FAA-approved. Corrective actions are considered
FAA-approved if they are approved by the State of Design Authority
(or their delegated agent). You are required to assure the product
is airworthy before it is returned to service.

Related Information

    (j) Refer to MCAI Canadian Airworthiness Directive CF-2011-15,
dated June 20, 2011; and Bombardier Service Bulletin 84-52-69,
Revision C, dated June 28, 2011; for related information.

    Issued in Renton, Washington, on October 6, 2011.
Ali Bahrami,
Manager, Transport Airplane Directorate, Aircraft Certification
Service.
[FR Doc. 2011-27009 Filed 10-18-11; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 79, Number 90 (Friday, May 9, 2014)]
[Notices]
[Page 26747]
[FR Doc No: 2014-10615]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. EL14-44-000]

Transmission Agency of Northern California v. Pacific Gas and
Electric Company; Notice of Complaint

    Take notice that on April 30, 2014, pursuant to Rule 206 of the
Federal Energy Regulatory Commission's (Commission) Rules of Practice
and Procedure, 18 CFR 385.206 sections 206 and 306 of the Federal Power
Act, 16 U.S.C. 824(e) and 825(e), Transmission Agency of Northern
California (Complainant) filed a formal complaint against Pacific Gas
and Electric Company (Respondent) alleging an anticipated violation by
the Respondent of its rate schedule providing for coordinated operation
of the high voltage AC interconnection (interconnection) between
California and the Pacific Northwest, due to Respondent's failure to
adequately develop, maintain, and support the import capability of its
portion of the interconnection.
    The Complainant states that a copy of the complaint has been served
on the Respondent.
    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. The Respondent's
answer and all interventions, or protests must be filed on or before
the comment date. The Respondent's answer, motions to intervene, and
protests must be served on the Complainants.
    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 5 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 email
notification when a document is added to a subscribed docket(s). For
assistance with any FERC Online service, please email
<EMAIL_ADDRESS>or call<PHONE_NUMBER> (toll free). For
TTY, call<PHONE_NUMBER>.
    Comment Date: 5:00 p.m. Eastern Time on May 20, 2014.

    Dated: May 1, 2014.
Kimberly D. Bose,
 Secretary.
[FR Doc. 2014-10615 Filed 5-8-14; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register: December 20, 2010 (Volume 75, Number 243)]
[Notices]
[Page 79358-79360]
[DOCID:fr20de10-922]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Combined Notice of Filings  1

December 10, 2010.
    Take notice that the Commission received the following electric
rate filings:

    Docket Numbers: ER10-2615-001; ER11-2335-001.
    Applicants: Plum Point Energy Associates, L.L.C., Plum Point
Services Company, LLC.
    Description: Plum Point MBR Entities Submit 652 Notice of Change in
Status.
    Filed Date: 12/10/2010.
    Accession Number: 20101210-5174.
    Comment Date: 5 p.m. Eastern Time on Monday, January 03, 2011.

    Docket Numbers: ER10-2785-003.
    Applicants: Chevron Coalinga Energy Company.
    Description: Chevron Coalinga Energy Company submits tariff filing
per 35: Chevron Coalinga Energy Company Tariff to be effective 10/19/
2010.
    Filed Date: 10/20/2010.
    Accession Number: 20101020-5155.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 30, 2010.

    Docket Numbers: ER10-2786-003.
    Applicants: Washington Gas Energy Services, Inc.
    Description: Washington Gas Energy Services, Inc. submits tariff
filing per 35: Washington Gas Energy Services Tariff to be effective
10/19/2010.
    Filed Date: 10/20/2010.
    Accession Number: 20101020-5156.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 30, 2010.

    Docket Numbers: ER11-2325-000.
    Applicants: California Pacific Electric Company, LLC.
    Description: California Pacific Electric Company, LLC submits
tariff filing per 35.1: Electric Service Agreement to be effective 12/
31/1998.
    Filed Date: 12/09/2010.
    Accession Number: 20101209-5079.
    Comment Date: 5 p.m. Eastern Time on Monday, December 20, 2010.

    Docket Numbers: ER11-2326-000.
    Applicants: Florida Power Corporation.
    Description: Florida Power Corporation submits tariff filing per
35.13(a)(2)(iii): Rate Schedule No. 204 of Florida Power Corporation to
be effective 12/9/2010.
    Filed Date: 12/09/2010.
    Accession Number: 20101209-5080.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 30, 2010.

    Docket Numbers: ER11-2327-000.
    Applicants: PJM Interconnection, L.L.C.
    Description: PJM Interconnection, L.L.C. submits tariff filing per
35.13(a)(2)(iii): WMPA No. 2704, Queue W2-071, CleanLight Energy,
L.L.C. and PSE&G to be effective 11/9/2010.
    Filed Date: 12/09/2010.
    Accession Number: 20101209-5104.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 30, 2010.

    Docket Numbers: ER11-2328-000.

    Applicants: AEE2, L.L.C.
    Description: AEE2, L.L.C. submits tariff filing per 35.1): AEE2
Rate Schedule No. 1 (Lease Agreement with AES ES Westover) to be
effective 12/9/2010.
    Filed Date: 12/09/2010.
    Accession Number: 20101209-5105.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 30, 2010.

    Docket Numbers: ER11-2329-000.
    Applicants: California Independent System Operator Corporation.
    Description: California Independent System Operator Corporation
submits tariff filing per 35.13(a)(2)(iii): 2010-12-09 Errata to
CAISO's Service Agreement 1774 Blythe LGIA to be effective 12/9/2010.
    Filed Date: 12/09/2010.
    Accession Number: 20101209-5108.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 30, 2010.

    Docket Numbers: ER11-2330-000.
    Applicants: KCP&L Greater Missouri Operations Company.
    Description: KCP&L Greater Missouri Operations Company submits
tariff filing per 35: Formula Rate Implementation Filing to be
effective 8/4/2010.
    Filed Date: 12/09/2010.
    Accession Number: 20101209-5134.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 30, 2010.

    Docket Numbers: ER11-2331-000.
    Applicants: Balance Power Systems, LLC.
    Description: Balance Power Systems, LLC submits tariff filing per
35.12: InitialRev2 to be effective 2/6/2011.
    Filed Date: 12/10/2010.
    Accession Number: 20101210-5000.
    Comment Date: 5 p.m. Eastern Time on Monday, January 03, 2011.

    Docket Numbers: ER11-2332-000.
    Applicants: UBS AG.
    Description: UBS AG submits tariff filing per 35: Request for
Category 1 Status in the Northwest Region to be effective 12/10/2010.
    Filed Date: 12/10/2010.
    Accession Number: 20101210-5102.
    Comment Date: 5 p.m. Eastern Time on Monday, January 03, 2011.

    Docket Numbers: ER11-2333-000.
    Applicants: Bangor Hydro Electric Company.
    Description: Bangor Hydro Electric Company submits tariff filing
per 35.1: Bangor Hydro Interconnection Agreement PPL Maine to be
effective 12/11/2010.
    Filed Date: 12/10/2010.
    Accession Number: 20101210-5103.
    Comment Date: 5 p.m. Eastern Time on Monday, January 03, 2011.

    Docket Numbers: ER11-2334-000.
    Applicants: Midwest Independent Transmission System Operator, Inc.
    Description: Midwest Independent Transmission System Operator, Inc.
submits tariff filing per 35.13(a)(2)(iii): ATC Notice of Succession,
Part I to be effective 2/9/2011.
    Filed Date: 12/10/2010.
    Accession Number: 20101210-5133.
    Comment Date: 5 p.m. Eastern Time on Monday, January 03, 2011.

    Docket Numbers: ER11-2334-001.
    Applicants: Midwest Independent Transmission System Operator, Inc.
    Description: Midwest Independent Transmission System Operator, Inc.
submits tariff filing per 35.17(b): (2) ATC Notice of Succession to be
effective 2/9/2011.
    Filed Date: 12/10/2010.
    Accession Number: 20101210-5146.
    Comment Date: 5 p.m. Eastern Time on Monday, January 03, 2011.

    Docket Numbers: ER11-2334-002.
    Applicants: Midwest Independent Transmission System Operator, Inc.
    Description: Midwest Independent Transmission System Operator, Inc.
submits tariff filing per 35.17(b): (3) ATC Notice of Succession to be
effective 2/9/2011.
    Filed Date: 12/10/2010.
    Accession Number: 20101210-5151.
    Comment Date: 5 p.m. Eastern Time on Monday, January 03, 2011.

    Docket Numbers: ER11-2335-000.
    Applicants: Dynegy Services Plum Point, LLC.
    Description: Dynegy Services Plum Point, LLC submits tariff filing
per 35.13(a)(2)(iii): Plum Point Services FERC Electric Tariff No. 1 to
be effective 12/10/2010.
    Filed Date: 12/10/2010.
    Accession Number: 20101210-5145.
    Comment Date: 5 p.m. Eastern Time on Monday, January 03, 2011.

    Docket Numbers: ER11-2336-000.
    Applicants: Central Hudson Gas & Electric Corporation.
    Description: Central Hudson Gas & Electric Corporation submits
tariff filing per 35.13(a)(2)(iii): FERC Rate Schedule 202--Update to
be effective 11/12/2010.
    Filed Date: 12/10/2010.
    Accession Number: 20101210-5160.
    Comment Date: 5 p.m. Eastern Time on Monday, January 03, 2011.

    Docket Numbers: ER11-2337-000.
    Applicants: Otter Tail Power Company.
    Description: Otter Tail Power Company submits tariff filing per
35.13(a)(2)(iii): Revisions to Transmission Capacity Exchange Agreement
to be effective 12/1/2010.
    Filed Date: 12/10/2010.
    Accession Number: 20101210-5169.
    Comment Date: 5 p.m. Eastern Time on Monday, January 03, 2011.

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

    Docket Numbers: ES11-10-000.
    Applicants: Northwestern Corporation.
    Description: Application of NorthWestern Corporation for
Authorization to Issue Securities under Section 204 of the Federal
Power Act and Request for Expedited Action.
    Filed Date: 12/09/2010.
    Accession Number: 20101209-5147.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 30, 2010.

    Any person desiring to intervene or to protest in any of the above
proceedings must file in accordance with Rules 211 and 214 of the
Commission's Rules of Practice and Procedure (18 CFR 385.211 and
385.214) on or before 5 p.m. Eastern time on the specified comment
date. It is not necessary to separately intervene again in a subdocket
related to a compliance filing if you have previously intervened in the
same docket. 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. Anyone filing a motion to
intervene or protest must serve a copy of that document on the
Applicant. In reference to filings initiating a new proceeding,
interventions or protests submitted on or before the comment deadline
need not be served on persons other than the Applicant.
    As it relates to any qualifying facility filings, the notices of
self-certification [or self-recertification] listed above, do not
institute a proceeding regarding qualifying facility status. A notice
of self-certification [or self-recertification] simply provides
notification that the entity making the filing has determined the
facility named in the notice meets the applicable criteria to be a
qualifying facility. Intervention and/or protest do not lie in dockets
that are qualifying facility self-certifications or self-
recertifications. Any person seeking to challenge such qualifying
facility status may do so by filing a motion pursuant to 18 CFR
292.207(d)(iii). Intervention and protests may be filed in response to
notices of qualifying facility dockets other than self-certifications
and self-recertifications.
    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 should submit an original and
14 copies of the intervention or protest to the Federal Energy
Regulatory Commission, 888 First St., NE., Washington, DC 20426.
    The filings in the above proceedings are accessible in the
Commission's eLibrary system by clicking on the appropriate link in the
above list. They are also 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>.

Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2010-31834 Filed 12-17-10; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 75, Number 248 (Tuesday, December 28, 2010)]
[Notices]
[Pages 81692-81697]
[FR Doc No: 2010-32513]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-63581; File No. SR-NYSEArca-2010-117]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing
of Proposed Rule Change Relating to Listing and Trading Shares of the
Grail Western Asset Ultra Short Duration ETF Under NYSE Arca Equities
Rule 8.600

December 20, 2010.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act'') \1\ and Rule 19b-4 thereunder,\2\ notice is hereby given
that, on December 13, 2010, NYSE Arca, Inc. (``Exchange'' or ``NYSE
Arca'') 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.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 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 list and trade the shares of the following
under NYSE Arca Equities Rule 8.600: Grail Western Asset Ultra Short
Duration ETF (``ETF'' or ``Fund''). The text of the

proposed rule change is available at the Exchange, the Commission's
Public Reference Room, and http://www.nyse.com.

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 list and trade the shares (``Shares'') of
the Grail Western Asset Ultra Short Duration ETF under NYSE Arca
Equities Rule 8.600, which governs the listing and trading of Managed
Fund Shares on the Exchange.\3\ The ETF will be an actively managed
exchange traded fund and is a series of Grail Advisors ETF Trust
(``Trust''). The Trust is registered with the Commission as an
investment company.\4\
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    \3\ The Commission previously approved listing and trading on
the Exchange of actively managed funds under Rule 8.600. See, e.g.,
Securities Exchange Act Release Nos. 57801 (May 8, 2008), 73 FR
27878 (May 14, 2008) (SR-NYSEArca-2008-31) (order approving Exchange
listing and trading of twelve actively-managed funds of the
WisdomTree Trust); 60981 (November 10, 2009), 74 FR 59594 (November
18, 2009) (SR-NYSEArca-2009-79) (order approving listing of five
fixed income funds of the PIMCO ETF Trust); 61365 (January 15,
2010), 75 FR 4124 (January 26, 2010) (SR-NYSEArca-2009-114) (order
approving listing of Grail McDonnell Fixed Income ETFs).
    \4\ See Preliminary Prospectus on Form N-1A for the Trust, dated
August 31, 2010 (File Nos. 333-148082 and 811-22154) (the
``Registration Statement''). The descriptions of the ETF and the
Shares contained herein are based on information in the Registration
Statement.
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Description of the Shares and the Fund
    Grail Advisors, LLC is the Fund's investment manager (``Manager'').
Western Asset Management Company is the sub-adviser (``Western Asset''
or ``Sub-Adviser'') of the ETF. The Bank of New York Mellon Corporation
is the administrator, Fund accountant, transfer agent and custodian for
the ETF. ALPS Distributors, Inc. serves as the distributor of Creation
Units for the Fund on an agency basis.
Grail Western Asset Ultra Short Duration ETF
    According to the Registration Statement, the ETF's investment
objective is maximum current income, consistent with preservation of
capital and daily liquidity. The ETF invests, under normal
circumstances, primarily in short-term, investment grade fixed income
securities. The ETF will typically invest in money market securities
and short-term debt securities, including U.S. treasuries and agencies,
corporate and bank obligations, asset backed and mortgage backed
instruments, commercial paper and other highly rated, short maturity
securities. While the ETF may invest in securities of any maturity,
under normal circumstances, the average duration of the portfolio is
typically expected to be one year or less. Duration is a measure of the
underlying portfolio's price sensitivity to changes in interest rates.
    Western Asset employs an active, team-managed strategy and utilizes
a top-down economic and interest rate outlook, combined with a bottom-
up security selection process. When using a ``top-down'' approach,
Western Asset looks first at broad economic factors and market
conditions, such as prevailing and anticipated interest rates. On the
basis of those factors and conditions, Western Asset selects what it
views as optimal interest rates and maturities and chooses certain
sectors or industries within the overall market. Western Asset then
looks at individual issuers within those sectors or industries to
select securities for the investment portfolio. While many of the ETF's
investments are expected to be held until maturity, they may be sold
depending on market conditions, opportunities and valuations. Western
Asset may sell a security before maturity when it is necessary to do so
to meet redemption requests. A security may also be sold if Western
Asset believes the issuer is no longer as creditworthy, or in order to
adjust the average duration of the ETF's investment portfolio (for
example, to reflect changes in Western Asset's expectations concerning
interest rates), or when Western Asset believes there is superior value
in other market sectors or industries.
    The ETF invests primarily in investment grade securities (Baa or
higher by Moody's; BBB or higher by Standard & Poor's) that are rated
by at least one nationally recognized statistical rating organization
rating that security, or if unrated, determined by Western Asset to be
of comparable quality.
    The ETF may invest in securities issued by the U.S. Government, its
agencies and instrumentalities and repurchase agreements for these
obligations, mortgage-backed and other asset-backed securities, and
obligations of U.S. and non-U.S. banks and other foreign private
issuers. In addition, the ETF may invest in obligations issued or
guaranteed by the governments of Western Europe, Australia, Japan and
Canada, and commercial paper, including asset-backed commercial paper.
The ETF may only invest in U.S. dollar-denominated securities. It may
also invest in securities of other investment companies. Under adverse
market conditions, the ETF may, for temporary defensive purposes,
invest up to 100% of its assets in cash or cash equivalents. Due to the
short-term nature of many of the ETF's investments, the ETF may have an
annual portfolio turnover rate over 100%.
    As discussed below, the ETF may invest in derivative instruments,
such as futures and interest rate, total return and credit default
swaps. Investments in derivatives must be consistent with the ETF's
investment objective and may only be used to manage risk and not to
enhance leverage.
    The ETF will not invest in non-U.S. equity securities.
Investment Policies of the ETF
    The ETF (1) may not invest more than 5% of its total assets (taken
at market value) in securities of any one issuer, other than
obligations issued or guaranteed by the U.S. Government, its agencies
and instrumentalities, or purchase more than 10% of the voting
securities of any one issuer, with respect to 75% of the ETF's total
assets; and (2) regarding concentration, may not invest more than 25%
of its total assets in the securities of companies primarily engaged in
any one industry or group of industries provided that: (i) This
limitation does not apply to obligations issued or guaranteed by the
U.S. Government, its agencies and instrumentalities; and (ii)
municipalities and their agencies and authorities are not deemed to be
industries.
    The ETF may not invest more than 15% of its net assets in: (1)
Illiquid securities; and (2) Rule 144A securities, including time
deposits and repurchase agreements that mature in more than seven days.
For this purpose, ``illiquid securities'' are securities that the ETF
may not sell or dispose of within seven days in the ordinary course of
business

at approximately the amount at which the ETF has valued the securities.
    The ETF may invest in mortgage- or other asset-backed securities.
Mortgage backed securities in which the Fund invests will be investment
grade. Mortgage-related securities include mortgage pass-through
securities, collateralized mortgage obligations (``CMOs''), commercial
mortgage-backed securities, mortgage dollar rolls, CMO residuals,
stripped mortgage-backed securities (``SMBSs'') and other securities
that directly or indirectly represent a participation in, or are
secured by and payable from, mortgage loans on real property. The ETF
will not purchase mortgage-related securities or any other assets which
in the Sub-Adviser's opinion are illiquid if, as a result, more than
15% of the value of the ETF's net assets will be illiquid.
    The ETF may invest in unregistered securities, including Rule 144A
securities, that are purchased directly from the issuer or in the
secondary market and are subject to limitations on resale.
    The ETF may hold preferred stocks. The ETF may purchase or
otherwise receive warrants or rights. The ETF may enter into repurchase
agreements with banks and broker-dealers. The ETF may engage in reverse
repurchase agreements as a means of raising cash to satisfy redemption
requests or for other temporary emergency purposes. The ETF may hold
zero coupon securities and bank obligations, which include certificates
of deposit, bankers' acceptances, and fixed time deposits. The ETF may
invest in the securities of other investment companies to the extent
permitted by law. The ETF may hold corporate and other debt and fixed
income securities; U.S. Government securities; municipal securities;
and real estate investment trusts.
    Detailed descriptions of the ETF and the Shares; procedures for
creating and redeeming Shares; transaction fees and expenses; ETF
investments; dividends and distributions; taxes; risks; and reports to
be distributed to beneficial owners of the Shares can be found in the
Registration Statement or on the Web site for the Fund (http://www.grailadvisors.com.
    Commentary .06 to Rule 8.600 provides that, if the investment
adviser to the Investment Company issuing Managed Fund Shares is
affiliated with a broker-dealer, such investment adviser shall erect a
``fire wall'' between the investment adviser and the broker-dealer with
respect to access to information concerning the composition and/or
changes to such Investment Company portfolio.\5\ In addition,
Commentary .06 further requires that personnel who make decisions on
the open-end fund's portfolio composition must be subject to procedures
designed to prevent the use and dissemination of material nonpublic
information regarding the open-end fund's portfolio. Commentary .06 to
Rule 8.600 is similar to Commentary .03(a)(i) and (iii) to NYSE Arca
Equities Rule 5.2(j)(3); however, Commentary .06 in connection with the
establishment of a ``fire wall'' between the investment adviser and the
broker-dealer reflects the applicable open-end fund's portfolio, not an
underlying benchmark index, as is the case with index-based funds. The
Fund's Manager and Sub-Adviser each is affiliated with a broker-dealer
and has implemented a fire wall with respect to the affiliated broker-
dealer regarding access to information concerning the composition and/
or changes to a portfolio.\6\ Any additional Fund sub-advisers that are
affiliated with a broker-dealer will be required to implement a fire
wall with respect to such broker-dealer regarding access to information
concerning the composition and/or changes to a portfolio. The Manager
and Sub-Adviser, each as a Reporting Authority under NYSE Arca Equities
Rule 8.600(c)(4), have implemented and will maintain, or are subject
to, procedures designed to prevent the use and dissemination of
material non-public information regarding the actual components of the
Fund's portfolio.
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    \5\ An investment adviser to an open-end fund is required to be
registered under the Investment Advisers Act of 1940 (the ``Advisers
Act''). As a result, the Manager and Sub-adviser are subject to the
provisions of Rule 204A-1 under the Advisers Act relating to codes
of ethics. This Rule requires investment advisers to adopt a code of
ethics that reflects the fiduciary nature of the relationship to
clients as well as compliance with other applicable securities laws.
Accordingly, procedures designed to prevent the communication and
misuse of non-public information by an investment adviser must be
consistent with Rule 204A-1 under the Advisers Act.
    \6\ The Exchange represents that Grail Advisors, LLC, as the
investment adviser of the Fund, and Western Asset, the Sub-Adviser,
and their related personnel, are subject to Investment Advisers Act
Rule 204A-1. This Rule specifically requires the adoption of a code
of ethics by an investment adviser to include, at a minimum: (i)
Standards of business conduct that reflect the firm's/personnel
fiduciary obligations; (ii) provisions requiring supervised persons
to comply with applicable federal securities laws; (iii) provisions
that require all access persons to report, and the firm to review,
their personal securities transactions and holdings periodically as
specifically set forth in Rule 204A-1; (iv) provisions requiring
supervised persons to report any violations of the code of ethics
promptly to the chief compliance officer (``CCO'') or, provided the
CCO also receives reports of all violations, to other persons
designated in the code of ethics; and (v) provisions requiring the
investment adviser to provide each of the supervised persons with a
copy of the code of ethics with an acknowledgement by said
supervised persons. In addition, Rule 206(4)-7 under the Advisers
Act makes it unlawful for an investment adviser to provide
investment advice to clients unless such investment adviser has (i)
adopted and implemented written policies and procedures reasonably
designed to prevent violation, by the investment adviser and its
supervised persons, of the Advisers Act and the Commission rules
adopted thereunder; (ii) implemented, at a minimum, an annual review
regarding the adequacy of the policies and procedures established
pursuant to subparagraph (i) above and the effectiveness of their
implementation; and (iii) designated an individual (who is a
supervised person) responsible for administering the policies and
procedures adopted under subparagraph (i) above.
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Creations and Redemptions of Shares
    As described in the Registration Statement, Shares can be purchased
by or through an Authorized Participant directly from the ETF only in
Creation Units, currently 50,000 Shares, or multiples thereof. Creation
Units may be purchased in exchange for a Fund Deposit, which consists
of (i) all cash (the ``Cash Value''), (ii) a basket of certain in-kind
securities and cash (``Partial Cash Value,'' and together with the in-
kind securities (``In-Kind/Cash Basket'') or (iii) a basket of
securities (the ``In-Kind Creation Basket'') and a Balancing Amount. In
all instances the value of the Fund Deposit will be equal to the value
of the Creation Unit.\7\
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    \7\ For an order involving a Creation Unit to be effectuated at
the ETF's NAV on a particular day, it must be received by the
Distributor by or before the deadline for such order (``Order Cut-
Off Time''). The Order Cut-Off Time for creation and redemption
orders for the ETF are 2 p.m. Eastern Time for In-Kind/Cash Basket
for Cash Value, 2 p.m. Eastern Time for Partial Cash Value and In-
Kind/Cash Basket, and 4 p.m. Eastern Time for In-Kind Creation
Basket.
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    Shares may be redeemed only in Creation Units at their NAV next
determined after receipt of a redemption request in proper form by the
ETF through the Transfer Agent and only on a Business Day. Creation
Units generally may be redeemed in exchange for a ``Fund Redemption'',
which consists of (i) A Cash Value (ii) a basket of in-kind securities
and Partial Cash Value or (iii) a basket of securities (``In-Kind
Redemption Basket'') and a Balancing Amount, in all instances equal to
the value of a Creation Unit.
    The ETF imposes a ``Transaction Fee'' on purchases or redemptions
of Creation Units to be paid by the purchaser or redeemer in cash.
Availability of Information
    The ETF's Web site (http://www.grailadvisors.com), which will be
publicly available prior to the public offering of Shares, will include
a form of the prospectus for the ETF that may be downloaded. The Web
site will include additional quantitative

information updated on a daily basis, including, for the ETF: (1) the
prior business day's reported NAV, mid-point of the bid/ask spread at
the time of calculation of such NAV (the ``Bid/Ask Price''),\8\ and a
calculation of the premium and discount of the Bid/Ask Price against
the NAV; and (2) data in chart format displaying the frequency
distribution of discounts and premiums of the daily Bid/Ask Price
against the NAV, within appropriate ranges, for each of the four
previous calendar quarters. On each business day, before commencement
of trading in Shares in the Core Trading Session \9\ on the Exchange,
the Trust will disclose on its Web site the identities and quantities
of the portfolio of securities and other assets (the ``Disclosed
Portfolio'') held by the ETF that will form the basis for the ETF's
calculation of NAV at the end of the business day \10\ as of the close
of regular trading on the New York Stock Exchange, generally 4 p.m.,
Eastern Time. The Web site and information will be publicly available
at no charge.
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    \8\ The Bid/Ask Price of the ETF is determined using the
midpoint of the highest bid and the lowest offer on the Exchange as
of the time of calculation of the NAV. The records relating to Bid/
Ask Prices will be retained by the ETF and its service providers.
    \9\ The Core Trading Session is 9:30 a.m. to 4 p.m. Eastern
time.
    \10\ Under accounting procedures followed by the ETF, trades
made on the prior business day (``T'') will be booked and reflected
in NAV on the current business day (``T+1''). Notwithstanding the
foregoing, portfolio trades that are executed prior to the opening
of the Exchange on any business day may be booked and reflected in
NAV on such business day. Accordingly, each ETF will be able to
disclose at the beginning of the business day the portfolio that
will form the basis for the NAV calculation at the end of the
business day.
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    In addition, for the ETF, an estimated value, defined in NYSE Arca
Equities Rule 8.600 as the ``Portfolio Indicative Value,'' that
reflects an estimated intraday value of the ETF's portfolio, will be
disseminated through one or more major market data vendors. The
Portfolio Indicative Value will be based upon the current value for the
components of the Disclosed Portfolio, provided that illiquid
securities, mortgage-related securities and other asset-backed
securities will be valued based on the prior business day's closing
value, which is the most current value available for such securities.
The Portfolio Indicative Value will be updated and disseminated by one
or more major market data vendors at least every 15 seconds during the
Core Trading Session. According to the Registration Statement, this
approximate value should not be viewed as a ``real-time'' update of the
NAV of the ETF because the approximate value may not be calculated in
the same manner as the NAV, which is computed once a day. According to
the Registration Statement, the Portfolio Indicative Value is an
approximate per-Share value of the ETF's portfolio holdings and does
not necessarily reflect the precise composition of the current
portfolio of securities held by the ETF at a particular point in time.
The quotations for certain investments may not be updated during U.S.
trading hours if such holdings do not trade in the U.S., except such
quotations may be updated to reflect currency fluctuations.
    Information regarding market price and volume of the Shares is and
will be continually available on a real-time basis throughout the day
on brokers' computer screens and other electronic services. The
previous day's closing price and trading volume information will be
published daily in the financial section of newspapers. Quotation and
last sale information for the Shares will be available via the
Consolidated Tape Association high-speed line.
    On a daily basis, the ETF will disclose on the ETF's Web site for
each portfolio security or other financial instrument of the ETF the
following information: ticker symbol (if applicable), name of security
or financial instrument, number of shares or dollar value of financial
instruments held in the portfolio, and percentage weighting of the
security or financial instrument in the portfolio.
    Investors can also obtain the Trust's Statement of Additional
Information (``SAI''), the ETF's Shareholder Reports, and its Form N-
CSR and Form N-SAR, filed twice a year. The Trust's SAI and Shareholder
Reports are available free upon request from the Trust, and those
documents and the Form N-CSR and Form N-SAR may be viewed on-screen or
downloaded from the Commission's Web site at http://www.sec.gov.
Information regarding market price and trading volume of the Shares is
and will be continually available on a real-time basis throughout the
day on brokers' computer screens and other electronic services.
Information regarding the previous day's closing price and trading
volume information will be published daily in the financial section of
newspapers. Additional information regarding the Shares and the ETF,
including investment strategies, risks, creation and redemption
procedures, fees, portfolio holdings disclosure policies, distributions
and taxes is included in the Registration Statement. All terms relating
to the ETF that are referred to, but not defined in, this proposed rule
change are defined in the Registration Statement.
Initial and Continued Listing
    The Shares will be subject to NYSE Arca Equities Rule 8.600(d),
which sets forth the initial and continued listing criteria applicable
to Managed Fund Shares. The Exchange represents that, for initial and/
or continued listing, the Shares must be in compliance with Rule 10A-3
\11\ under the Exchange Act, as provided by NYSE Arca Equities Rule
5.3. A minimum of 100,000 Shares will be outstanding at the
commencement of trading on the Exchange. The Exchange will obtain a
representation from the issuer of the Shares that the net asset value
per Share will be calculated daily and that the net asset value and the
Disclosed Portfolio will be made available to all market participants
at the same time.
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    \11\ See 17 CFR 240.10A-3.
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Trading Halts
    With respect to trading halts, the Exchange may consider all
relevant factors in exercising its discretion to halt or suspend
trading in the Shares of the ETF. Shares of the ETF will be halted if
the ``circuit breaker'' parameters in NYSE Arca Equities Rule 7.12 are
reached. Trading may 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 securities comprising the Disclosed Portfolio and/or
the financial instruments of the ETF; or (2) whether other unusual
conditions or circumstances detrimental to the maintenance of a fair
and orderly market are present. Trading in the Shares will be subject
to NYSE Arca Equities Rule 8.600(d)(2)(D), which sets forth
circumstances under which Shares of the ETF may be halted.
Trading Rules
    The Exchange deems the Shares to be equity securities, thus
rendering trading in the Shares subject to the Exchange's existing
rules governing the trading of equity securities. Shares will trade on
the NYSE Arca Marketplace from 4 a.m. to 8 p.m. Eastern Time in
accordance with NYSE Arca Equities Rule 7.34 (Opening, Core, and Late
Trading Sessions). The Exchange has appropriate rules to facilitate
transactions in the Shares during all trading sessions. As provided in
NYSE Arca Equities Rule 7.6, Commentary .03, the minimum price
variation (``MPV'') for quoting and entry of orders in equity
securities traded on the NYSE Arca Marketplace is $0.01, with the
exception of securities that are priced less than

$1.00 for which the MPV for order entry is $0.0001.
Surveillance
    The Exchange intends to utilize its existing surveillance
procedures applicable to derivative products (which includes Managed
Fund Shares) to monitor trading in the Shares. The Exchange represents
that these 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.
    The Exchange's current trading surveillance focuses on detecting
securities trading outside their normal patterns. When such situations
are detected, surveillance analysis follows and investigations are
opened, where appropriate, to review the behavior of all relevant
parties for all relevant trading violations.
    The Exchange may obtain information via the Intermarket
Surveillance Group (``ISG'') from other exchanges who are members of
ISG.\12\
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    \12\ For a list of the current members of ISG, see http://www.isgportal.org. The Exchange notes that many of the components of
the Disclosed Portfolio for the ETF may not trade on exchanges that
are members of ISG or with which the Exchange has in place a
comprehensive surveillance sharing agreement.
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    In addition, the Exchange also has a general policy prohibiting the
distribution of material, non-public information by its employees.
Information Bulletin
    Prior to the commencement of trading, the Exchange will inform its
ETP Holders in an Information Bulletin (``Bulletin'') of the special
characteristics and risks associated with trading the Shares.
Specifically, the Bulletin will discuss the following: (1) The
procedures for purchases and redemptions of Shares in Creation Unit
aggregations (and that Shares are not individually redeemable); (2)
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; (3) the risks involved in trading
the Shares during the Opening and Late Trading Sessions when an updated
Portfolio Indicative Value will not be calculated or publicly
disseminated; (4) how information regarding the Portfolio Indicative
Value is disseminated; (5) 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 (6) trading
information.
    In addition, the Bulletin will reference that the ETF is subject to
various fees and expenses described in the Registration Statement. The
Bulletin will discuss any exemptive, no-action, and interpretive relief
granted by the Commission from any rules under the Exchange Act. The
Bulletin will also disclose that the NAV for the Shares will be
calculated after 4:00 p.m. Eastern Time each trading day.
2. Statutory Basis
    The basis under the Exchange Act for this proposed rule change is
the requirement under Section 6(b)(5) \13\ that an exchange have rules
that are designed to prevent fraudulent and manipulative acts and
practices, to promote just and equitable principles of trade, to remove
impediments to, and perfect the mechanism of a free and open market
and, in general, to protect investors and the public interest. The
Exchange believes that the proposed rule change will facilitate the
listing and trading of additional types of exchange-traded products
that will enhance competition among market participants, to the benefit
of investors and the marketplace. In addition, the listing and trading
criteria set forth in NYSE Arca Equities Rule 8.600 are intended to
protect investors and the public interest.
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    \13\ 15 U.S.C. 78f(b)(5).
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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.

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

    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 the 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 e-mail to<EMAIL_ADDRESS>Please include
File Number SR-NYSEArca-2010-117 on the subject line.

Paper Comments

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

All submissions should refer to File Number SR- NYSEArca-2010-117. This
file number should be included on the subject line if e-mail is used.
To help the Commission process and review your comments more
efficiently, please use only one method. The Commission will post all
comments on the Commission's Internet Web site (http://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments,
all written statements with respect to the proposed rule 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 20549-1090 on official business days
between 10 a.m. and 3 p.m. Copies of the filing will also be available
for inspection and copying at the Exchange's principal office. 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-NYSEArca-2010-117 and should
be submitted on or before January 18, 2011.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\14\
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    \14\ 17 CFR 200.30-3(a)(12).
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Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-32513 Filed 12-27-10; 8:45 am]
BILLING CODE 8011-01-P