[Federal Register: October 14, 2009 (Volume 74, Number 197)]
[Proposed Rules]
[Page 52703-52704]
[DOCID:fr14oc09-23]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 71

[Docket No. FAA-2009-0859; Airspace Docket No. 09-ASW-23]

Proposed Amendment of Class E Airspace; Burnet, TX

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice of proposed rulemaking (NPRM).

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SUMMARY: This action proposes to amend Class E airspace at Burnet, TX.
Additional controlled airspace is necessary to accommodate new Standard
Instrument Approach Procedures (SIAPs) at Burnet Municipal Airport-Kate
Craddock Field, Burnet, TX. This action would also update the
geographic coordinates of the Burnet NDB to coincide with the FAAs
National Aeronautical Charting Office. The FAA is taking this action to
enhance the safety and management of Instrument Flight Rules (IFR)
operations for SIAPs at Burnet Municipal Airport-Kate Craddock Field.

DATES: Comments must be received on or before November 30, 2009.

ADDRESSES: Send comments on this proposal to the U.S. Department of
Transportation, Docket Operations, 1200 New Jersey Avenue, SE., West
Building Ground Floor, Room W12-140, Washington, DC 20590-0001. You
must identify the docket number FAA-2009-0859/Airspace Docket No. 09-
ASW-23, at the beginning of your comments. You may also submit comments
through the Internet at http://www.regulations.gov. You may review the
public docket containing the proposal, any comments received, and any
final disposition in person in the Dockets Office between 9 a.m. and 5
p.m., Monday through Friday, except Federal holidays. The Docket Office
(telephone 1-800-647-5527), is on the ground floor of the building at
the above address.

FOR FURTHER INFORMATION CONTACT: Scott Enander, Central Service Center,
Operations Support Group, Federal Aviation Administration, Southwest
Region, 2601 Meacham Blvd., Fort Worth, TX 76137; telephone: (817) 321-
7716.

SUPPLEMENTARY INFORMATION:

Comments Invited

    Interested parties are invited to participate in this proposed
rulemaking by submitting such written data, views, or arguments, as
they may desire. Comments that provide the factual basis supporting the
views and suggestions presented are particularly helpful in developing
reasoned regulatory decisions on the proposal. Comments are
specifically invited on the overall regulatory, aeronautical, economic,
environmental, and energy-related aspects of the proposal.
Communications should identify both docket numbers and be submitted in
triplicate to the address listed above. Commenters wishing the FAA to
acknowledge receipt of their comments on this notice must submit with
those comments a self-addressed, stamped postcard on which the
following statement is made: ``Comments to Docket No. FAA-2009-0859/
Airspace Docket No. 09-ASW-23.'' The postcard will be date/time stamped
and returned to the commenter.

Availability of NPRMs

    An electronic copy of this document may be downloaded through the
Internet at http://www.regulations.gov. Recently published rulemaking
documents can also be accessed through the FAA's Web page at http://
www.faa.gov/airports_airtraffic/air_traffic/publications/airspace_
amendments/.
    Additionally, any person may obtain a copy of this notice by
submitting a request to the Federal Aviation Administration (FAA),
Office of Air Traffic Airspace Management, ATA-400, 800 Independence
Avenue, SW., Washington, DC 20591, or by calling<PHONE_NUMBER>.
Communications must identify both docket numbers for this notice.
Persons interested in being placed on a mailing list for future NPRMs
should contact the FAA's Office of Rulemaking<PHONE_NUMBER>, to
request a copy of Advisory Circular No. 11-2A, Notice of Proposed
Rulemaking Distribution System, which describes the application
procedure.

The Proposal

    This action proposes to amend Title 14, Code of Federal Regulations
(14 CFR), Part 71 by adding additional Class E airspace extending
upward from 700 feet above the surface for SIAPs operations at Burnet
Municipal Airport-Kate Craddock Field, Burnet, TX. This action would
also update the geographic

coordinates of the Burnet NDB. Controlled airspace is needed for the
safety and management of IFR operations at the airport.
    Class E airspace areas are published in Paragraph 6005 of FAA Order
7400.9T, dated August 27, 2009, and effective September 15, 2009, which
is incorporated by reference in 14 CFR 71.1. The Class E airspace
designation listed in this document would be published subsequently in
the Order.
    The FAA has determined that this proposed regulation only involves
an established body of technical regulations for which frequent and
routine amendments are necessary to keep them operationally current.
It, therefore, (1) is not a ``significant regulatory action'' under
Executive Order 12866; (2) is not a ``significant rule'' under DOT
Regulatory Policies and Procedures (44 FR 11034; February 26, 1979);
and (3) does not warrant preparation of a Regulatory Evaluation as the
anticipated impact is so minimal. Since this is a routine matter that
will only affect air traffic procedures and air navigation, it is
certified that this rule, when promulgated, will not have a significant
economic impact on a substantial number of small entities under the
criteria of the Regulatory Flexibility Act.
    The FAA's authority to issue rules regarding aviation safety is
found in Title 49 of the U.S. Code. Subtitle 1, section 106 describes
the authority of the FAA Administrator. Subtitle VII, Aviation
Programs, describes in more detail the scope of the agency's authority.
This rulemaking is promulgated under the authority described in
subtitle VII, part A, subpart I, section 40103. Under that section, the
FAA is charged with prescribing regulations to assign the use of
airspace necessary to ensure the safety of aircraft and the efficient
use of airspace. This regulation is within the scope of that authority
as it would add additional controlled airspace at Burnet Municipal
Airport-Kate Craddock Field, Burnet, TX.

List of Subjects in 14 CFR Part 71

    Airspace, Incorporation by reference, Navigation (Air).

The Proposed Amendment

    In consideration of the foregoing, the Federal Aviation
Administration proposes to amend 14 CFR part 71 as follows:

PART 71--DESIGNATION OF CLASS A, B, C, D, AND E AIRSPACE AREAS; AIR
TRAFFIC SERVICE ROUTES; AND REPORTING POINTS

    1. The authority citation for part 71 continues to read as follows:

    Authority:  49 U.S.C. 106(g); 40103, 40113, 40120; E.O. 10854,
24 FR 9565, 3 CFR, 1959-1963 Comp., p. 389.

Sec.  71.1  [Amended]

    2. The incorporation by reference in 14 CFR 71.1 of FAA Order
7400.9T, Airspace Designations and Reporting Points, signed August 27,
2009, and effective September 15, 2009, is amended as follows:

Paragraph 6005 Class E Airspace areas extending upward from 700
feet or more above the surface of the earth.

* * * * *

ASW TX E5 Burnet, TX [Amended]

Burnet Municipal Airport--Kate Craddock Field, TX
    (Lat. 30[deg]44'20'' N., long. 98[deg]14'19'' W.)
Burnet NDB
    (Lat. 30[deg]44'25'' N., long. 98[deg]14'10'' W.)

    That airspace extending upward from 700 feet above the surface
within a 6.7-mile radius of Burnet Municipal Airport--Kate Craddock
Field and within 2 miles each side of the 016[deg] bearing from the
airport extending from the 6.7-mile radius to 10.2 miles north of
the airport, and within 2 miles each side of the 196[deg] bearing
from the airport extending from the 6.7-mile radius to 10.3 miles
south of the airport, and within 2.5 miles each side of the 202[deg]
bearing from the Burnet NDB extending from the 6.7-mile radius to
7.4 miles southwest of the airport.
* * * * *

    Issued in Fort Worth, TX, on October 1, 2009.
Walter L. Tweedy,
Acting Manager, Operations Support Group, ATO Central Service Center.
[FR Doc. E9-24645 Filed 10-13-09; 8:45 am]

BILLING CODE 4901-13-P


[Federal Register Volume 87, Number 74 (Monday, April 18, 2022)]
[Notices]
[Pages 22958-22959]
[FR Doc No: 2022-08178]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-94704; File No. SR-NASDAQ-2022-029]

Self-Regulatory Organizations; The Nasdaq Stock Market LLC;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change To
Extend the Implementation Date of Nasdaq's Post-Trade Risk Management
Product to Q2 2022

April 12, 2022.
    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 March 31, 2022, The Nasdaq Stock Market LLC (``Nasdaq'' or
``Exchange'') filed with the Securities and Exchange Commission
(``SEC'' or ``Commission'') the proposed rule change as described in
Items I and II below, which Items have been prepared by the Exchange.
The Commission is publishing this notice to solicit comments on the
proposed rule change from interested persons.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change

    The Exchange proposes to extend the implementation date of its
Post-Trade Risk Management product to Q2 2022.
    The text of the proposed rule change is available on the Exchange's
website at https://listingcenter.nasdaq.com/rulebook/nasdaq/rules, at
the principal office of the Exchange, and at the Commission's Public
Reference Room.

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

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

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

1. Purpose
    Nasdaq is filing this proposal to extend the implementation date of
its Post-Trade Risk Management tool to Q2 2022.
    Nasdaq proposed to enhance its connectivity, surveillance and risk
management services by launching three re-platformed products: (i)
WorkX, (ii) Real-Time Stats and (iii) Post-Trade Risk Management. These
changes were filed by Nasdaq on April 20, 2021 and published in the
Federal Register on May 7, 2021.\3\
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    \3\ See Securities Exchange Act Release No. 91744 (May 3, 2021),
86 FR 24685 (May 7, 2021) (NASDAQ-2021-025) (``Proposal'').
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    Nasdaq initially proposed that WorkX and Real-Time Stats would
launch on April 12, 2021 and Post-Trade Risk Management would launch no
later than Q3 2021.\4\ Due to re-prioritization in the Nasdaq product
pipeline, on September 14, 2021, Nasdaq proposed to delay the
implementation date of Post-Trade Risk Management until Q1 2022.\5\ Due
to continued re-prioritization, Nasdaq is further delaying the
implementation of Post-Trade Risk Management until Q2 2022.\6\ The
Exchange will announce the new implementation date in an Equity Trader
Alert at least ten days in advance of implementing the Post-Trade Risk
Management product.
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    \4\ See Proposal supra n. 3 at 24685.
    \5\ See Securities Exchange Act Release No. 93125 (September 24,
2021), 86 FR 54255 (September 30, 2021).
    \6\ As a result of the delay, the Exchange is designating Equity
7, Section 116-A, the Post-Trade Risk Management Rule, to be
operative in Q2 2022.
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2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section
6(b) of the Act,\7\ in general, and furthers the objectives of Section
6(b)(5) of the Act,\8\ in particular, in that it is designed to promote
just and equitable principles of trade, to remove impediments to and
perfect the mechanism of a free and open market and a national market
system, and, in general to protect investors and the public interest.
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    \7\ 15 U.S.C. 78f(b).
    \8\ 15 U.S.C. 78f(b)(5).
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    The purpose of this proposal is to modify the timing of the planned
implementation for the Post-Trade Risk Management product and to inform
the SEC and market participants of that change. The introduction of the
Post-Trade Risk Management product was proposed in a rule filing that
was submitted to the SEC, and the Exchange is not proposing with this
filing, any changes other than to modify the implementation date for
the Post-Trade Risk Management product. Nasdaq is delaying the
implementation date in order to complete testing in line with Nasdaq's
re-prioritized product pipeline.

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 not necessary or appropriate in
furtherance of the purposes of the Act. As explained above, the purpose
of this proposal is to modify the timing of the planned implementation
for the Post-Trade Risk Management product and to inform the SEC and
market participants of that change. The existing Nasdaq Risk Management
product will continue to be available, and the implementation delay
will impact all market participants equally. The Exchange does not
expect the date change to place any burden on competition and clearing
brokers will continue to have use of Nasdaq Risk Management service to
monitor correspondent activity against limit settings and manage credit
risk exposure.

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

    No written comments were either solicited or received.

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 \9\ and Rule 19b-4(f)(6) thereunder.\10\
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    \9\ 15 U.S.C. 78s(b)(3)(A).
    \10\ 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 under Rule 19b-4(f)(6) under the Act
\11\ normally does not become operative prior to 30 days after the date
of the filing. However, Rule 19b-4(f)(6)(iii) \12\ 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 asked the Commission to waive the 30-day operative delay. Waiver of
the operative delay would allow the Exchange to immediately delay the
implementation date of the Post-Trade Risk Management product to Q2
2022, so that the Exchange may complete testing in line with its re-
prioritized product pipeline. The Commission believes that waiver of
the 30-day operative delay is consistent with the protection of
investors and the public interest. Accordingly, the Commission hereby
waives the 30-day operative delay and designates the proposed rule
change operative upon filing.\13\
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    \11\ 17 CFR 240.19b-4(f)(6).
    \12\ 17 CFR 240.19b-4(f)(6)(iii).
    \13\ For purposes only of waiving the 30-day operative delay,
the Commission has also 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 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 (https://www.sec.gov/rules/sro.shtml); or
     Send an email to [email protected]. Please include
File Number SR-NASDAQ-2022-029 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-NASDAQ-2022-029. 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 (https://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-NASDAQ-2022-029 and should
be submitted on or before May 9, 2022.

    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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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-08178 Filed 4-15-22; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register: February 10, 2006 (Volume 71, Number 28)]
[Notices]
[Page 7079-7080]
[DOCID:fr10fe06-119]

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SECURITIES AND EXCHANGE COMMISSION

Proposed Collection; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of Filings and Information Services, Washington, DC
20549

Extension:

    Rule 15g-6, SEC File No. 270-349, OMB Control No. 3235-0395

    Notice is hereby given that pursuant to the Paperwork Reduction Act
of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (``Commission'') is soliciting comments on the collection of
information summarized below. The Commission plans to submit this
existing collection of information to the Office of Management and
Budget for extension and approval.
     (Rule 15g-6--Account statements for penny stock customers.
    Rule 15g-6 under the Securities Exchange Act of 1934 requires
brokers and dealers that sell penny stocks to their customers to
provide monthly account statements containing information with regard
to the penny stocks held in customer accounts. The information is
required to be provided to customers of broker-dealers that effect
penny stock transactions in order to provide those customers with
information that is not now publicly available. Without this
information, investors would be less able to protect themselves from
fraud and to make informed investment decisions.
    The staff estimates that there are approximately 240 broker-dealers
that are subject to the rule. The staff estimates that the firms
affected by the rule will, at any one time, have approximately 150 new
customers with whom they have effected transactions in penny stocks,
each of whom would receive a maximum of 12 account statements per year,
for a total of 1,800 account statements annually for each firm (150
customers x 12 account statements/customer). The staff estimates that a
broker-dealer would expend approximately three minutes in processing
the information required for each account statement. Accordingly, the
estimated average annual burden would equal 90 hours (1,800 account
statements x 3 minutes/account statement / 1 hour/60 minutes), and the
estimated average total burden would equal 21,600 hours (90 hours x
240).
    Written comments are invited on: (a) Whether the proposed
collection of information is necessary for the proper performance of
the functions of the agency, including whether the information shall
have practical utility; (b) the accuracy of the agency's estimates of
the burden of the proposed collection of information; (c) ways to
enhance the quality, utility, and clarity of the information to be
collected; and (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology.
Consideration will be given to comments and suggestions submitted in
writing within 60 days of this publication.
    Please direct your written comments to R. Corey Booth, Director/
Chief Information Officer, Office of Information Technology, Securities
and Exchange Commission, 100 F Street, NE., Washington, DC 20549.

    Dated: February 1, 2006.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E6-1831 Filed 2-9-06; 8:45 am]

BILLING CODE 8010-01-P


[Federal Register Volume 82, Number 163 (Thursday, August 24, 2017)]
[Notices]
[Pages 40197-40199]
[FR Doc No: 2017-17906]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81433; File No. SR-Phlx-2017-69]

Self-Regulatory Organizations; NASDAQ PHLX LLC; Notice of Filing
and Immediate Effectiveness of Proposed Rule Change Related to Quoting
at the Opening

August 18, 2017.
    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 August 16, 2017, NASDAQ PHLX LLC (``Phlx'' or ``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 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.
---------------------------------------------------------------------------

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

    The Exchange proposes to amend Phlx Rule 1017, entitled ``Openings
in Options.''
    The text of the proposed rule change is available on the Exchange's
Web site at http://nasdaqphlx.cchwallstreet.com/ com/, at the principal
office of the Exchange, and at the Commission's Public Reference Room.

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

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

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

1. Purpose
    The purpose of this rule change is to amend Phlx Rule 1017,
entitled ``Openings in Options'' to specifically amend opening
obligations for Specialists.\3\ The Exchange notes that the proposed
rule change is similar to a Nasdaq MRX, LLC (``MRX'') rule.\4\
---------------------------------------------------------------------------

    \3\ The term ``Specialist'' applies to transactions for the
account of a Specialist (as defined in Exchange Rule 1020(a)).
    \4\ See MRX Rule 701.
---------------------------------------------------------------------------

    Today, Phlx Rule 1017(d)(iii) states that the Specialist assigned
in a particular equity option must enter a Valid Width Quote not later
than one minute following the dissemination of a quote or trade by the
market for the underlying security or, in the case of index options,
following the receipt of the opening price in the underlying index. The
Specialist assigned in a particular U.S. dollar-settled FCO must enter
a Valid Width Quote not later than 30 seconds after the announced
market opening.
    First, the Exchange proposes to add the words ``or index'' to
further clarify that the requirement applies to equities and index
options. The Exchange proposes this addition to further clarify the
requirement in Rule 1017(d)(iii) clearly applies to equity and index
options.
    Second, the Exchange proposes to modify the Specialist's current
obligation to enter Valid Width Quotes not later than one minute
following the dissemination of a quote or trade by the market for the
underlying security or, in the case of index options, following the
receipt of the opening price in the underlying index for all assigned
options, or in the case of a U.S. dollar-settled FCO after the
announced market opening. The Exchange believes that the current
requirement is very burdensome and instead proposes to add ``in 90% of
their assigned series'' to require a Specialist to enter a Valid Width
Quote not later than one minute following the dissemination of a quote
or trade by the market for the underlying security or, in the case of
index options, following the receipt of the opening price in 90% of
their assigned series, or in the case of U.S. dollar-settled FCOs in
90% of their assigned series not later than 30 seconds after the
announced market opening.
    Further, the Exchange proposes to require Specialists to promptly
enter a Valid Width Quote in the remainder of their assigned series,
which did not open within one minute following the dissemination of a
quote or trade by the market for the underlying security or, in the
case of index options, following the receipt of the opening price in
the underlying index or, with respect to a U.S. dollar-settled FCO,
following the announced market opening. The Exchange's proposal is
intended to account for market conditions which may prevent a
Specialist from opening all assigned series, for example an extremely
volatile market which may impact the Specialist's ability to enter
aggressive quotes. Another example would be that news pertaining to a
specific security is causing the underlying price to fluctuate rapidly
and significantly, thereby causing the Specialist to await the
underlying equity price to settle before entering a Valid Width Quote.
The Exchange's surveillance staff would monitor to ensure that
Specialists are complying with these requirements during the Opening
Process.
    Today, the Opening Process for an options series will be conducted
on or after 9:30 a.m. if the system has received, within two minutes
(or such shorter time as determined by the Exchange and disseminated to
membership on the Exchange's Web site) of the opening trade or quote on
the market for the underlying security in the case of equity options
or, in the case of index options, within two minutes of the receipt of
the opening price in the underlying index (or such shorter time as
determined by the Exchange and disseminated to membership on the
Exchange's Web site), or within two minutes of market opening for the
underlying currency in the case of a U.S. dollar-settled FCO (or such
shorter time as determined by the Exchange and disseminated to
membership on the Exchange's Web site) the Specialist's Valid Width
Quote, the Valid Width Quotes of two Phlx Electronic Market Makers
other than the Specialist or if neither the Specialist or two Phlx
Electronic Market Makers have submitted Valid Width Quotes, within the
specified timeframe then one Phlx Electronic Market Maker's Valid Width
Quote.\5\
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    \5\ See Rule 1017(d)(i)(A)-(C).
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    The Exchange is also proposing to amend existing rule text in Phlx
Rule 1017(d)(iii) to lowercase a reference to the ``Opening Price'' as
that reference refers to the underlying security's opening price, not
the defined Opening Price in Rule 1017(a)(iii).
Implementation
    The Exchange proposes to implement this rule change on September
29, 2017.
2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section
6(b) of the Act,\6\ in general, and furthers the objectives of Section
6(b)(5) of the Act,\7\

in particular, in that it is designed to promote just and equitable
principles of trade, to remove impediments to and perfect the mechanism
of a free and open market and a national market system, and, in general
to protect investors and the public interest for the reasons stated
below.
---------------------------------------------------------------------------

    \6\ 15 U.S.C. 78f(b).
    \7\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

    The Exchange's first proposal at Rule 701(c)(3) to clarify that the
requirement applies to equities and index options will make clear the
applicability of the Specialist's requirement to enter Valid Width
Quotes. This proposed amendment is non-substantive and is intended to
add clarity to the rules.
    The second proposal to amend a Specialist's requirement to enter
Valid Width Quotes during the Opening Process is consistent with the
Act because the 90% requirement to provide a Valid Width Quote in a
series to which the Specialist is assigned will continue to ensure that
options series are opened in a timely manner, while not imposing a
burdensome requirement on market participants. Specialists would be
required to promptly enter a Valid Width Quote in the remainder of
their assigned series, which did not open within one minute of the
dissemination of a quote or trade by the market for the underlying
security or in the case of index options, following the receipt of the
opening price or, with respect to U.S. dollar-settled FCOs, following
the announced market opening. The Exchange would monitor Specialists to
ensure that they promptly provided a Valid Width Quote for the
remainder of the series within a reasonable amount of time. The
Exchange notes that market conditions could cause a Specialist to
experience circumstances where opening 100% of all of their assigned
series within one minute of the dissemination of a quote or trade by
the market for the underlying security or, in the case of index
options, following the receipt of the opening price in the underlying
index or, with respect to U.S. dollar-settled FCOs, following the
announced market opening, is not feasible.
    The Exchange believes that the proposed 90% Valid Width Quoting
obligation, not later than one minute following the dissemination of a
quote or trade by the market for the underlying security or, in the
case of index options, following the receipt of the opening price in
the underlying index or, with respect to U.S. dollar-settled FCOs,
following the announced market opening, along with the ``prompt''
standard for the remaining 10% of their assigned series will ensure all
series are opened in a timely manner. The Exchange's proposal accounts
for market conditions which may prevent a Specialist from opening all
assigned series, for example an extremely volatile market which may
impact the Specialist's ability to enter aggressive quotes. Another
example would be that news pertaining to a specific security is causing
the underlying price to fluctuate rapidly and significantly, thereby
causing the Specialist to await the underlying equity price to settle
before entering a Valid Width Quote. The Exchange believes that the
time frame for Specialists to provide a Valid Width Quote in 90% of
their assigned series not later than one minute following the
dissemination of a quote or trade by the market for the underlying
security or, in the case of index options, following the receipt of the
opening price in the underlying index or, with respect to U.S. dollar-
settled FCOs, following the announced market opening, will ensure
liquidity on Phlx during the Opening Process.
    The Exchange desires to encourage Specialists to continue to make
markets on Phlx at the Opening. The Exchange believes that requiring
Specialists to provide a Valid Width Quote in 90% of their assigned
options not later than one minute following the dissemination of a
quote or trade by the market for the underlying security or, in the
case of index options, following the receipt of the opening price in
the underlying index or, with respect to U.S. dollar-settled FCOs,
following the announced market opening along with the ``prompt''
standard for the remaining 10% will enhance the market making functions
for Specialists and serve to maintain a fair and orderly market thereby
promoting the protection of investors and the public interest.

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 not necessary or appropriate in
furtherance of the purposes of the Act. The proposal does not change
the intense competition that exists among the options markets for
options business including on the opening. Nor does the Exchange
believe that the proposal will impose any burden on intra-market
competition; the Opening Process involves many types of participants
and interest.
    The Exchange's proposal to require a Specialist to enter a Valid
Width Quote in 90% of their assigned series not later than one minute
time following the dissemination of a quote or trade by the market for
the underlying security or, in the case of index options, following the
receipt of the opening price in the underlying index or, with respect
to U.S. dollar-settled FCOs, following the announced market opening and
promptly enter a Valid Width quote for the remaining 10% their assigned
series does not create an undue burden on competition. The proposal
will continue to ensure that options series are opened in a timely
manner, while not imposing a burdensome requirement on market
participants. Specialists would be required to promptly enter a Valid
Width Quote in the remainder of their assigned series which were not
open within one minute following the dissemination of a quote or trade
by the market for the underlying security or, in the case of index
options, following the receipt of the opening price in the underlying
index or, with respect to U.S. dollar-settled FCOs, following the
announced market opening. The Exchange would monitor Specialists to
ensure that they promptly entered a Valid Width Quote for the remainder
of their assigned series within a reasonable amount of time. The
Exchange notes that market conditions could cause a Specialist to
experience circumstances where entering a Valid Width Quote for 100% of
all of their assigned series within one minute following the
dissemination of a quote or trade by the market for the underlying
security or, in the case of index options, following the receipt of the
opening price in the underlying index or with respect to U.S. dollar-
settled FCOs within one minute after the announced market opening, is
not feasible. The Exchange believes that the proposed 90% obligation to
enter a Valid Width Quote not later than one minute following the
dissemination of a quote or trade by the market for the underlying
security or, in the case of index options, following the receipt of the
opening price in the underlying index or, with respect to U.S. dollar-
settled FCOs, following the announced market opening for the underlying
security along with the ``prompt'' standard for the remaining series
will ensure all series are opened in a timely manner.

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

    No written comments were either solicited or received.

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)(iii)
of the Act \8\ and subparagraph (f)(6) of Rule 19b-4 thereunder.\9\
---------------------------------------------------------------------------

    \8\ 15 U.S.C. 78s(b)(3)(A)(iii).
    \9\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)
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.
---------------------------------------------------------------------------

    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: (i)
Necessary or appropriate in the public interest; (ii) for the
protection of investors; or (iii) 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 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_ADDRESS>Please include
File Number SR-Phlx-2017-69 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-Phlx-2017-69. This file
number should be included on the subject line if email is used. To help
the Commission process and review your comments more efficiently,
please use only one method. The Commission will post all comments on
the Commission's Internet Web site (http://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all
written statements with respect to the proposed rule change that are
filed with the Commission, and all written communications relating to
the proposed rule change between the Commission and any person, other
than those that may be withheld from the public in accordance with the
provisions of 5 U.S.C. 552, will be available for Web site viewing and
printing in the Commission's Public Reference Room, 100 F Street NE.,
Washington, DC 20549, on official business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the filing also will be available
for inspection and copying at the principal office of the Exchange. All
comments received will be posted without change; the Commission does
not edit personal identifying information from submissions. You should
submit only information that you wish to make available publicly. All
submissions should refer to File Number SR-Phlx-2017-69 and should be
submitted on or before September 14, 2017.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
---------------------------------------------------------------------------

    \10\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Robert W. Errett,
Deputy Secretary.
[FR Doc. 2017-17906 Filed 8-23-17; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register Volume 77, Number 171 (Tuesday, September 4, 2012)]
[Notices]
[Page 53880]
[FR Doc No: 2012-21666]

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

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Project No. 2195-079]

Portland General Electric Company; Notice of Application Accepted
for Filing, Soliciting Motions To Intervene, Protests, and Comments

    Take notice that the following hydroelectric application has been
filed with the Commission and is available for public inspection:
    a. Type of Application: Amendment of License.
    b. Project No: 2195-079.
    c. Date Filed: August 3, 2012.
    d. Applicant: Portland General Electric Company.
    e. Name of Project: Clackamas River Hydroelectric Project.
    f. Location: On the Oak Grove Fork of the Clackamas River and the
mainstem of the Clackamas River in Clackamas County, Oregon. The
project occupies federal lands within the Mt. Hood National Forest,
under the jurisdiction of the U.S. Forest Service, and a reservation of
the U.S. Department of Interior's Bureau of Land Management.
    g. Filed Pursuant to: Federal Power Act, 16 USC 791(a)-825(r).
    h. Applicant Contact: Julie A. Keil, Director of Hydro Licensing
and Water Rights, Portland General Electric Company, 121 SW Salmon
Street, Portland, OR 97204,<PHONE_NUMBER>.
    i. FERC Contact: Jeremy Jessup,<PHONE_NUMBER>,
<EMAIL_ADDRESS>    j. Deadline for filing motions to intervene, protests, and comments
is 30 days from the issuance date of this notice.
    All documents may be filed electronically via the Internet. See 18
CFR 385.2001(a)(1)(iii) and the instructions on the Commission's Web
site at http://www.ferc.gov/docs-filing/efiling.asp. If unable to be
filed electronically, documents may be paper-filed. To paper-file, an
original and seven copies should be mailed to: The Secretary, Federal
Energy Regulatory Commission, 888 First Street NE., Washington, DC
20426. Commenters can submit brief comments up to 6,000 characters,
without prior registration, using the eComment system at http://www.ferc.gov/docs-filing/ecomment.asp. You must include your name and
contact information at the end of your comments.
    Please include the project number (P-2195-079) on any motions,
protests, or comments filed.
    k. Description of Application: The licensee proposes to amend the
license for the Clackamas River Hydroelectric Project to remove two
transmission lines that are no longer primary transmission lines. The
licensee is requesting to delete the 17-mile Faraday-McLoughlin double-
circuit transmission line and the 2.7-mile River Mill-Faraday
transmission line from the project. The license's application states
that both of the transmission lines function as part of the licensee's
transmission and distribution system and are not jurisdictional under
Part 1 of the Federal Power Act. The proposed amendment will reduce the
amount of lands of the United States that the project occupies by 1.4
acres.
    l. Locations of the Application: A copy of the application is
available for inspection and reproduction at the Commission's Public
Reference Room, located at 888 First Street NE., Room 2A, Washington,
DC 20426, or by calling<PHONE_NUMBER>. This filing may also be viewed
on the Commission's Web site at http://www.ferc.gov/docs-filing/elibrary.asp. Enter the docket number excluding the last three digits
in the docket number field to access the document. You may also
register online at http://www.ferc.gov/docs-filing/esubscription.asp to
be notified via email of new filings and issuances related to this or
other pending projects. For assistance, call<PHONE_NUMBER> or email
<EMAIL_ADDRESS>for TTY, call<PHONE_NUMBER>. A copy is
also available for inspection and reproduction at the address in item
(h) above.
    m. Individuals desiring to be included on the Commission's mailing
list should so indicate by writing to the Secretary of the Commission.
    n. Motions To Intervene, Protests, and Comments: Anyone may submit
a motion to intervene, protest, or comments in accordance with the
requirements of Rules of Practice and Procedure, 18 CFR 385.210, .211,
.214. In determining the appropriate action to take, the Commission
will consider all protests or other comments filed, but only those who
file a motion to intervene in accordance with the Commission's Rules
may become a party to the proceeding. Any motions to intervene,
protests, or comments must be received on or before the specified
comment date for the particular application.
    o. Filing and Service of Responsive Documents: Any filing must: (1)
Bear in all capital letters the title ``MOTION TO INTERVENE,''
``PROTEST,'' or ``COMMENTS'' as applicable; (2) set forth in the
heading the name of the applicant and the project number of the
application to which the filing responds; (3) furnish the name,
address, and telephone number of the person intervening, protesting, or
commenting; and (4) otherwise comply with the requirements of 18 CFR
385.2001 through 385.2005. All motions to intervene, protests, or
comments must set forth their evidentiary basis and otherwise comply
with the requirements of 18 CFR 4.34(b). All motions to intervene,
protests, or comments should relate to project works which are the
subject of the application. Agencies may obtain copies of the
application directly from the applicant. A copy of any motion to
intervene or protest must be served upon each representative of the
applicant specified in the particular application. If an intervener
files comments or documents with the Commission relating to the merits
of an issue that may affect the responsibilities of a particular
resource agency, they must also serve a copy of the document on that
resource agency. A copy of all other filings in reference to this
application must be accompanied by proof of service on all persons
listed in the service list prepared by the Commission in this
proceeding, in accordance with 18 CFR 4.34(b) and 385.2010.

    Dated: August 27, 2012.
Kimberly D. Bose,
Secretary.
[FR Doc. 2012-21666 Filed 8-31-12; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 86, Number 211 (Thursday, November 4, 2021)]
[Rules and Regulations]
[Pages 60753-60756]
[FR Doc No: 2021-24097]

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

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. FAA-2021-0884; Project Identifier AD-2021-00998-A;
Amendment 39-21785; AD 2021-22-12]
RIN 2120-AA64

Airworthiness Directives; Honda Aircraft Company LLC Airplanes

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Final rule; request for comments.

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

SUMMARY: The FAA is adopting a new airworthiness directive (AD) for
certain Honda Aircraft Company LLC (Honda) Model HA-420 airplanes. This
AD was prompted by a report that the flap pushrod assemblies are
susceptible to corrosion. This AD requires removing and cleaning the
inner diameter of the flap control pushrods and repetitively applying
corrosion inhibiting compound (CIC) to this area. The FAA is issuing
this AD to address the unsafe condition on these products.

DATES: This AD is effective November 19, 2021.
    The Director of the Federal Register approved the incorporation by
reference of a certain publication listed in this AD as of November 19,
2021.
    The FAA must receive comments on this AD by December 20, 2021.

ADDRESSES: You may send comments, using the procedures found in 14 CFR
11.43 and 11.45, by any of the following methods:
     Federal eRulemaking Portal: Go to https://www.regulations.gov. Follow the instructions for submitting comments.
     Fax:<PHONE_NUMBER>.
     Mail: U.S. Department of Transportation, Docket
Operations, M-30, West Building Ground Floor, Room W12-140, 1200 New
Jersey Avenue SE, Washington, DC 20590.
     Hand Delivery: Deliver to Mail address above between 9
a.m. and 5 p.m., Monday through Friday, except Federal holidays.
    For service information identified in this final rule, contact
Honda Aircraft Company LLC, 6430 Ballinger Road, Greensboro, NC 27410;
phone:<PHONE_NUMBER>; website: https://www.hondajet.com. You may view
this service information at the FAA, Airworthiness Products Section,
Operational Safety Branch, 901 Locust, Kansas City, MO 64106. For
information on the availability of this material at the FAA, call (816)
329-4148. It is also available at https://www.regulations.gov by
searching for and locating Docket No. FAA-2021-0884.

Examining the AD Docket

    You may examine the AD docket at https://www.regulations.gov by
searching for and locating Docket No. FAA-2021-0884; or in person at
Docket Operations between 9 a.m. and 5 p.m., Monday through Friday,
except Federal holidays. The AD docket contains this final rule, any
comments received, and other information. The street address for the
Docket Operations is listed above.

FOR FURTHER INFORMATION CONTACT: Samuel Kovitch, Aviation Safety
Engineer, Atlanta ACO Branch, FAA, 1701 Columbia Avenue, College Park,
GA 30337; phone:<PHONE_NUMBER>; email: [email protected].

SUPPLEMENTARY INFORMATION:

Background

    The FAA was informed by Honda that the inner diameter of the flap
control pushrod assemblies for certain Honda Model HA-420 airplanes are
susceptible to corrosion, reducing the capability of the flap control
pushrod to withstand normal operating conditions and resulting in its
eventual failure. The corrosion was initially discovered during
scheduled maintenance when a visual inspection of the flap control
pushrod assemblies revealed signs of corrosion at the drain holes of
the

welded tube center section of inboard and outboard assemblies. Later
borescope inspections of the same airplane inside the welded tube
section revealed pitting and discoloration of interior walls. On a
later scheduled inspection of another airplane, similar corrosion was
noted.
    While the specific root cause of the corrosion is still under
investigation, the flap control pushrods on the affected airplanes are
susceptible to corrosion because the material of the pushrod is a low-
alloy steel that had incomplete coverage of primer and CIC in the inner
diameter. This incomplete coverage is potentially due to welding
process spillover material creating voids that the primer could not
reach and is exacerbated by general incomplete application. Drainage
holes in the flap pushrod allow the external environment direct access
to the inner diameter of the tube, exposing the improperly treated
surface to the elements. As a result, corrosion may begin to develop
immediately after the airplane enters service.
    As a large majority of the fleet have been in service for longer
than 12 months, during which time corrosion has progressed, the FAA
finds the need for immediate action to preclude failure of the flap
control pushrod. The compliance time of this AD prioritizes the
affected fleet by risk and simultaneously requires all airplanes to be
serviced as soon as possible.
    Failure of a flap control pushrod, if not prevented, could result
in uncontrolled and un-annunciated flap asymmetry, which could result
in loss of control of the airplane. The FAA is issuing this AD to
address the unsafe condition on these products.

FAA's Determination

    The FAA is issuing this AD because the agency has determined the
unsafe condition described previously is likely to exist or develop in
other products of the same type design.

Related Service Information Under 1 CFR Part 51

    The FAA reviewed Honda Aircraft Company Service Bulletin No. SB-
420-27-008, dated August 31, 2021. This service information specifies
procedures for removing and cleaning the inner diameter of the flap
control pushrods and repetitively applying CIC to this area. This
service information is reasonably available because the interested
parties have access to it through their normal course of business or by
the means identified in ADDRESSES.

AD Requirements

    This AD requires accomplishing the actions specified in the service
information already described.

Interim Action

    The FAA considers this AD to be an interim action. Honda is
currently considering implementing design changes to preclude the need
for repetitively applying CIC and more permanently address the unsafe
condition identified in this AD. Once these design changes are
developed, approved, and available, the FAA may consider additional
rulemaking.

Justification for Immediate Adoption and Determination of the Effective
Date

    Section 553(b)(3)(B) of the Administrative Procedure Act (APA) (5
U.S.C. 551 et seq.) authorizes agencies to dispense with notice and
comment procedures for rules when the agency, for ``good cause,'' finds
that those procedures are ``impracticable, unnecessary, or contrary to
the public interest.'' Under this section, an agency, upon finding good
cause, may issue a final rule without providing notice and seeking
comment prior to issuance. Further, section 553(d) of the APA
authorizes agencies to make rules effective in less than thirty days,
upon a finding of good cause.
    An unsafe condition exists that requires the immediate adoption of
this AD without providing an opportunity for public comments prior to
adoption. The FAA has found that the risk to the flying public
justifies foregoing notice and comment prior to adoption of this rule
because the corrosion reduces the fatigue life and potentially
initiates cracks in the pushrod. Crack propagation in a steel part
could lead to immediate failure, resulting in un-annunciated,
uncontrolled, and unrecoverable flap asymmetry. Because there is no
primer or CIC on the affected part to prevent the corrosion from
developing and worsening, the corrosion may appear immediately in
service. As a large majority of the fleet has been in service for 12 to
24 months, during which time the corrosion has progressed, it is
necessary to mitigate this unsafe condition by requiring the corroded
pushrods to be serviced immediately. Also essential to correct the
unsafe condition in the interim while a long term solution is developed
is a requirement to reapply the CIC every 90 days to prevent the
corrosion from developing further. Accordingly, notice and opportunity
for prior public comment are impracticable and contrary to the public
interest pursuant to 5 U.S.C. 553(b)(3)(B).
    In addition, the FAA finds that good cause exists pursuant to 5
U.S.C. 553(d) for making this amendment effective in less than 30 days,
for the same reasons the FAA found good cause to forego notice and
comment.

Comments Invited

    The FAA invites you to send any written data, views, or arguments
about this final rule. Send your comments to an address listed under
ADDRESSES. Include ``Docket No. FAA-2021-0884 and Project Identifier
AD-2021-00998-A'' at the beginning of your comments. The most helpful
comments reference a specific portion of the final rule, explain the
reason for any recommended change, and include supporting data. The FAA
will consider all comments received by the closing date and may amend
this final rule because of those comments.
    Except for Confidential Business Information (CBI) as described in
the following paragraph, and other information as described in 14 CFR
11.35, the FAA will post all comments received, without change, to
https://www.regulations.gov, including any personal information you
provide. The agency will also post a report summarizing each
substantive verbal contact received about this final rule.

Confidential Business Information

    CBI is commercial or financial information that is both customarily
and actually treated as private by its owner. Under the Freedom of
Information Act (FOIA) (5 U.S.C. 552), CBI is exempt from public
disclosure. If your comments responsive to this AD contain commercial
or financial information that is customarily treated as private, that
you actually treat as private, and that is relevant or responsive to
this AD, it is important that you clearly designate the submitted
comments as CBI. Please mark each page of your submission containing
CBI as ``PROPIN.'' The FAA will treat such marked submissions as
confidential under the FOIA, and they will not be placed in the public
docket of this AD. Submissions containing CBI should be sent to Samuel
Kovitch, Aviation Safety Engineer, Atlanta ACO Branch, FAA, 1701
Columbia Avenue, College Park, GA 30337. Any commentary that the FAA
receives which is not specifically designated as CBI will be placed in
the public docket for this rulemaking.

Regulatory Flexibility Act

    The requirements of the Regulatory Flexibility Act (RFA) do not
apply when

an agency finds good cause pursuant to 5 U.S.C. 553 to adopt a rule
without prior notice and comment. Because FAA has determined that it
has good cause to adopt this rule without prior notice and comment, RFA
analysis is not required.

Costs of Compliance

    The FAA estimates that this AD affects 44 airplanes of U.S.
registry.
    The FAA estimates the following costs to comply with this AD:

                                                 Estimated Costs
----------------------------------------------------------------------------------------------------------------
                                                                                Cost per      Cost on U.S.
               Action                         Labor cost            Parts cost        product        operators
----------------------------------------------------------------------------------------------------------------
Remove, clean, and apply CIC to the  22 work-hours x $85 per                 $70          $1,940         $85,360
 flap control pushrods.               hour = $1,870.
Reapply CIC every 90 days (cost for  1 work-hour x $85 per hour               70             155           6,820
 each time).                          = $85.
----------------------------------------------------------------------------------------------------------------

    The FAA has included all known costs in its cost estimate.
According to the manufacturer, however, some of the costs of this AD
may be covered under warranty, thereby reducing the cost impact on
affected operators.

Authority for This Rulemaking

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

Regulatory Findings

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

List of Subjects in 14 CFR Part 39

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

The Amendment

    Accordingly, under the authority delegated to me by the
Administrator, the FAA amends 14 CFR part 39 as follows:

PART 39--AIRWORTHINESS DIRECTIVES

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

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

Sec.  39.13  [Amended]

0
2. The FAA amends Sec.  39.13 by adding the following new airworthiness
directive:

2021-22-12 Honda Aircraft Company LLC: Amendment 39-21785; Docket
No. FAA-2021-0884; Project Identifier AD-2021-00998-A.

(a) Effective Date

    This airworthiness directive (AD) is effective November 19,
2021.

(b) Affected ADs

    None.

(c) Applicability

    This AD applies to Honda Aircraft Company LLC Model HA-420
airplanes, serial numbers 42000153 through 42000158 and 42000160
through 42000206, certificated in any category.

(d) Subject

    Joint Aircraft System Component (JASC) Code 2752, Trailing Edge
Flap Actuator.

(e) Unsafe Condition

    This AD was prompted by a report that the flap pushrod
assemblies are susceptible to corrosion. The FAA is issuing this AD
to prevent failure of the flap control pushrod. The unsafe
condition, if not addressed, could result in uncontrolled and un-
annunciated flap asymmetry with consequent loss of control of the
airplane.

(f) Compliance

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

(g) Required Actions

    (1) Within 90 days after the effective date of this AD or 18
months after issuance of the first standard certificate of
airworthiness, whichever occurs later: Remove, clean, apply
corrosion inhibiting compound (CIC) to, and reinstall the left and
right inboard and outboard flap pushrod assemblies by following
steps 3.0(3) through 3.0(6) of the Accomplishment Instructions in
Honda Aircraft Company Service Bulletin No. SB-420-27-008, dated
August 31, 2021.
    (2) Within 90 days or 300 hours time-in-service (TIS), whichever
occurs first after accomplishing the actions required by paragraph
(g)(1) of this AD, and thereafter at intervals not to exceed 90 days
or 300 hours TIS, whichever occurs first: Reapply CIC by following
step 3.0(5)(a) through (c) of the Accomplishment Instructions in
Honda Aircraft Company Service Bulletin No. SB-420-27-008, dated
August 31, 2021.

(i) Alternative Methods of Compliance (AMOCs)

    (1) The Manager, Atlanta ACO Branch, FAA, has the authority to
approve AMOCs for this AD, if requested using the procedures found
in 14 CFR 39.19. In accordance with 14 CFR 39.19, send your request
to your principal inspector or local Flight Standards District
Office, as appropriate. If sending information directly to the
manager of the certification office, send it to the attention of the
person identified in paragraph (j) of this AD.
    (2) Before using any approved AMOC, notify your appropriate
principal inspector, or lacking a principal inspector, the manager
of the local flight standards district office/certificate holding
district office.
    (3) For service information that contains steps that are labeled
as Required for Compliance (RC), the following provisions apply.
    (i) The steps labeled as RC, including substeps under an RC step
and any figures identified in an RC step, must be done to comply
with the AD. An AMOC is required for any deviations to RC steps,
including substeps and identified figures.
    (ii) Steps not labeled as RC may be deviated from using accepted
methods in

accordance with the operator's maintenance or inspection program
without obtaining approval of an AMOC, provided the RC steps,
including substeps and identified figures, can still be done as
specified, and the airplane can be put back in an airworthy
condition.

(j) Related Information

    For more information about this AD, contact Samuel Kovitch,
Aviation Safety Engineer, Atlanta ACO Branch, FAA, 1701 Columbia
Avenue, College Park, GA 30337; phone:<PHONE_NUMBER>; email:
[email protected].

(k) Material Incorporated by Reference

    (1) The Director of the Federal Register approved the
incorporation by reference of the service information listed in this
paragraph under 5 U.S.C. 552(a) and 1 CFR part 51.
    (2) You must use this service information as applicable to do
the actions required by this AD, unless the AD specifies otherwise.
    (i) Honda Aircraft Company Service Bulletin No. SB-420-27-008,
dated August 31, 2021.
    (ii) [Reserved]
    (3) For Honda Aircraft Company LLC service information
identified in this AD, contact Honda Aircraft Company LLC, 6430
Ballinger Road, Greensboro, NC 27410; phone:<PHONE_NUMBER>;
website: https://www.hondajet.com.
    (4) You may view this service information at the FAA,
Airworthiness Products Section, Operational Safety Branch, 901
Locust, Kansas City, MO 64106. For information on the availability
of this material at the FAA, call<PHONE_NUMBER>.
    (5) You may view this service information that is incorporated
by reference at the National Archives and Records Administration
(NARA). For information on the availability of this material at
NARA, email: [email protected], or go to: https://www.archives.gov/federal-register/cfr/ibr-locations.html.

    Issued on October 15, 2021.
Lance T. Gant,
Director, Compliance & Airworthiness Division, Aircraft Certification
Service.
[FR Doc. 2021-24097 Filed 11-3-21; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 85, Number 202 (Monday, October 19, 2020)]
[Notices]
[Page 66321]
[FR Doc No: 2020-23070]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. CP20-531-000]

Equitrans, L.P.; Notice of Request Under Blanket Authorization

    Take notice that on September 29, 2020, Equitrans, L.P.
(Equitrans), 2200 Energy Drive, Canonsburg, Pennsylvania 15317, filed
in the above referenced docket, a prior notice request pursuant to
sections 157.205, 157.208, and 157.213 of the Commission's regulations
under the Natural Gas Act and its blanket certificate issued in Docket
No. CP96-532-000 for authorization to sell base gas in the existing
Mobley Storage Field located in Wetzel County, West Virginia.
Specifically, Equitrans plans to sell 348 million cubic feet of base
gas to facilitate its ability to operate the Mobley Storage Field. The
Mobley Storage Field has exhibited no signs of gas migration or loss
throughout its operating life.
    In addition to publishing the full text of this document in the
Federal Register, the Commission provides all interested persons an
opportunity to view and/or print the contents of this document via the
internet through the Commission's Home Page (http://ferc.gov) using the
``eLibrary'' link. Enter the docket number excluding the last three
digits in the docket number field to access the document. At this time,
the Commission has suspended access to the Commission's Public
Reference Room, due to the proclamation declaring a National Emergency
concerning the Novel Coronavirus Disease (COVID-19), issued by the
President on March 13, 2020. For assistance, contact FERC at
<EMAIL_ADDRESS>or call toll-free,<PHONE_NUMBER> or TYY,
(202) 502-8659.
    Any questions regarding this prior notice request should be
directed to Matthew Eggerding, Assistant General Counsel, at Equitrans,
L.P., 2200 Energy Drive, Canonsburg, PA 15317; by phone at (412) 553-
5786; or by email to<EMAIL_ADDRESS>    Any person or the Commission's staff may, within 60 days after the
issuance of the instant notice by the Commission, file pursuant to Rule
214 of the Commission's Procedural Rules (18 CFR 385.214) a motion to
intervene or notice of intervention. Any person filing to intervene, or
the Commission's staff may, pursuant to section 157.205 of the
Commission's Regulations under the NGA (18 CFR 157.205) file a protest
to the request. If no protest is filed within the time allowed
therefore, the proposed activity shall be deemed to be authorized
effective the day after the time allowed for protest. If a protest is
filed and not withdrawn within 30 days after the time allowed for
filing a protest, the instant request shall be treated as an
application for authorization pursuant to section 7 of the NGA.
    Pursuant to section 157.9 of the Commission's rules, 18 CFR 157.9,
within 90 days of this Notice the Commission staff will either:
Complete its environmental assessment (EA) and place it into the
Commission's public record (eLibrary) for this proceeding; or issue a
Notice of Schedule for Environmental Review. If a Notice of Schedule
for Environmental Review is issued, it will indicate, among other
milestones, the anticipated date for the Commission staff's issuance of
the EA for this proposal. The filing of the EA in the Commission's
public record for this proceeding or the issuance of a Notice of
Schedule for Environmental Review will serve to notify federal and
state agencies of the timing for the completion of all necessary
reviews, and the subsequent need to complete all federal authorizations
within 90 days of the date of issuance of the Commission staff's EA.
    Persons who wish to comment only on the environmental review of
this project should submit an original and two copies of their comments
to the Secretary of the Commission. Environmental commenters will be
placed on the Commission's environmental mailing list and will be
notified of any meetings associated with the Commission's environmental
review process. Environmental commenters will not be required to serve
copies of filed documents on all other parties. However, the non-party
commenters will not receive copies of all documents filed by other
parties or issued by the Commission and will not have the right to seek
court review of the Commission's final order.
    The Commission strongly encourages electronic filings of comments,
protests and interventions in lieu of paper using the ``eFile'' link at
http://www.ferc.gov. Persons unable to file electronically may mail
similar pleadings to the Federal Energy Regulatory Commission, 888
First Street NE, Washington, DC 20426. Hand delivered submissions in
docketed proceedings should be delivered to Health and Human Services,
12225 Wilkins Avenue, Rockville, Maryland 20852.

    Dated: October 13, 2020.
Kimberly D. Bose,
Secretary.
[FR Doc. 2020-23070 Filed 10-16-20; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 76, Number 31 (Tuesday, February 15, 2011)]
[Notices]
[Pages 8796-8798]
[FR Doc No: 2011-3316]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-63878; File No. SR-ISE-2011-08]

Self-Regulatory Organizations; International Securities Exchange,
LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule
Change To Expand the Short Term Option Series Program

February 9, 2011.
    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 February 1, 2011, the International Securities Exchange, LLC
(``ISE'' 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 Exchange.
The Commission is publishing this notice to solicit comments on the
proposed rule change from interested persons.
---------------------------------------------------------------------------

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

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

    The Exchange proposes to amend its rules to expand the Short Term
Option Series Program. The text of the proposed rule change is
available on the Exchange's Web site http://www.ise.com, at the
principal office of the Exchange, on the Commission's Web site at
http://www.sec.gov, and at the Commission's Public Reference Room.

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

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

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

1. Purpose
    The purpose of this proposed rule change is to amend ISE Rules 504
and 2009 to expand the Short Term Option Series Program (``STOS
Program'') \3\ so that the Exchange may select fifteen option classes
on which Short Term Option Series may be opened.
---------------------------------------------------------------------------

    \3\ Short Term Option Series are series in an option class that
is approved for listing and trading on the Exchange in which the
series is opened for trading on any Thursday or Friday that is a
business day and that expires on the Friday of the next business
week. If a Thursday or Friday is not a business day, the series may
be opened (or shall expire) on the first business day immediately
prior to that Thursday or Friday, respectively. Rules 100(a)(47),
2001(n), Supplementary Material .02 to Rule 504 and Supplementary
Material .01 to Rule 2009.
---------------------------------------------------------------------------

    The STOS Program is codified in Supplementary Material .02 to ISE
Rule 504 and Supplementary Material .01 to ISE Rule 2009. These rules
state that after an option class has been approved for listing and
trading on the Exchange, the Exchange may open for trading on any
Thursday or Friday that is a business day series of options on no more
than five option classes that expire on the Friday of the following
business week that is a business day. In addition to the five-option
class limitation, there is also a limitation that no more than twenty
series for each expiration date in those classes that may be opened for
trading.\4\ Furthermore, the strike price of each short term option has
to be fixed with approximately the same number of strike prices being
opened above and below the value of the underlying security at about
the time that the short term options are initially opened for trading
on the Exchange, and with strike prices being within thirty percent
(30%) above or below the closing price of the underlying security from
the preceding day. The Exchange does not propose any changes to these
additional STOS Program limitations. The Exchange proposes only to
increase from five to fifteen the number of option classes that may be
opened pursuant to the STOS Program.
---------------------------------------------------------------------------

    \4\ However, if the Exchange opens less than twenty (20) short
term options for a Short Term Option Expiration Date, additional
series may be opened for trading on the Exchange when the Exchange
deems it necessary to maintain an orderly market, to meet customer
demand or when the market price of the underlying security moves
substantially from the exercise price or prices of the series
already opened. Any additional strike prices listed by the Exchange
shall be within thirty percent (30%) above or below the current
price of the underlying security. The Exchange may also open
additional strike prices of Short Term Option Series that are more
than 30% above or below the current price of the underlying security
provided that demonstrated customer interest exists for such series,
as expressed by institutional, corporate or individual customers or
their brokers (market-makers trading for their own account shall not
be considered when determining customer interest under this
provision). Supplementary Material .02(d) to Rule 504 and
Supplementary Material .01(d) to Rule 2009.
---------------------------------------------------------------------------

    The principal reason for the proposed expansion is customer demand
for

adding, or not removing, short term option classes from the STOS
Program. In order that the Exchange not exceed the five-option class
restriction, from time to time the Exchange has had to discontinue
trading one short term option class before it could begin trading other
option classes within the STOS Program. This has negatively impacted
investors and traders, particularly retail public customers. The
Exchange feels that it is essential that such negative, potentially
very costly impacts on market participants are eliminated by modestly
expanding the STOS Program to enable additional classes to be traded.
    With regard to the impact of this proposal on system capacity, the
Exchange has analyzed its capacity and represents that it and the
Options Price Reporting Authority (``OPRA'') have the necessary systems
capacity to handle the potential additional traffic associated with
trading of an expanded number of classes in the STOS Program.
    The Exchange believes that the STOS Program has provided investors
with greater trading opportunities and flexibility and the ability to
more closely tailor their investment and risk management strategies and
decisions. The Exchange further believes than an expansion of the
current STOS Program will provide investors with additional short term
option classes for investment, trading, and risk management purposes.
    Finally, the Commission has requested, and the Exchange has agreed
for the purposes of this filing, to submit one report to the Commission
providing an analysis of the STOS Program (the ``Report''). The Report
will cover the period from July 2, 2010, the date the Exchange first
began to list and trade short term options, through December 31, 2010.
The Report will describe the Exchange's experience with the STOS
Program in respect of the option classes included by the Exchange in
the STOS Program. The Report will be submitted to the Commission on a
confidential basis under separate cover.
2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section
6(b) of the Securities Exchange Act of 1934 \5\ (the ``Act'') in
general, and furthers the objectives of Section 6(b)(5) of the Act \6\
in particular, in that it is designed to promote just and equitable
principles of trade, to remove impediments to and perfect the mechanism
of a free and open market and a national market system, and, in general
to protect investors and the public interest. The Exchange believes
that expanding the current STOS Program will result in a continuing
benefit to investors by giving them more flexibility to closely tailor
their investment decisions and hedging decisions in greater number of
securities. The Exchange believes that expanding the current STOS
Program would provide the investing public and other market
participants increased opportunities because an expanded STOS Program
would provide market participants additional opportunities to hedge
their investment thus allowing these investors to better manage their
risk exposure. Moreover, the Exchange believes the proposed rule change
would benefit investors by giving them more flexibility to closely
tailor their investment decisions in a greater number of securities.
---------------------------------------------------------------------------

    \5\ 15 U.S.C. 78f(b).
    \6\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

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

    The proposed rule change does not 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

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

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

    Because the foregoing proposed rule change does not significantly
affect the protection of investors or the public interest, does not
impose any significant burden on competition, and, by its terms, does
not 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 \7\ and Rule 19b-
4(f)(6) thereunder.\8\
---------------------------------------------------------------------------

    \7\ 15 U.S.C. 78s(b)(3)(A).
    \8\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)(iii)
requires the Exchange to give the Commission written notice of the
Exchange's 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.
---------------------------------------------------------------------------

    The Exchange has requested that the Commission waive the 30-day
operative delay. The Commission believes that waiver of the operative
delay is consistent with the protection of investors and the public
interest because the proposal is substantially similar to that of
another exchange that has been approved by the Commission.\9\
Therefore, the Commission designates the proposal operative upon
filing.\10\
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    \9\ See Securities Exchange Act Release No. 63875 (February 9,
2011) (SR-Phlx-2010-183) (order approving expansion of Short Term
Option Program).
    \10\ For purposes only of waiving the 30-day operative delay,
the Commission has considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
---------------------------------------------------------------------------

    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.

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-ISE-2011-08 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-ISE-2011-08. 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, on official business days between the hours of 10
a.m. and 3 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; the Commission does
not edit personal identifying information from submissions. You should
submit only information that you wish to make available publicly. All
submissions should refer to File Number SR-ISE-2011-08 and should be
submitted on or before March 8, 2011.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
---------------------------------------------------------------------------

    \11\ 17 CFR 200.30-3(a)(12).
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Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011-3316 Filed 2-14-11; 8:45 am]
BILLING CODE 8011-01-P