[Federal Register Volume 82, Number 203 (Monday, October 23, 2017)]
[Notices]
[Pages 49054-49055]
[FR Doc No: 2017-22884]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81889; File No. SR-IEX-2017-33]

Self-Regulatory Organizations: Investors Exchange LLC; Notice of
Filing and Immediate Effectiveness of Proposed Rule Change To Reflect
Name Changes of NYSE MKT to NYSE American LLC and the National Stock
Exchange to NYSE National, Inc.

October 17, 2017.
    Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of
1934 (the ``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby
given that, on October 4, 2017, the Investors Exchange LLC (``IEX'' or
the ``Exchange'') filed with the Securities and Exchange Commission
(the ``Commission'') the proposed rule change as described in Items I
and II below, which Items have been prepared by the self-regulatory
organization. The Commission is publishing this notice to solicit
comments on the proposed rule change from interested persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 15 U.S.C. 78a.
    \3\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change

    Pursuant to the provisions of Section 19(b)(1) under the Securities
Exchange Act of 1934 (``Act''),\4\ and Rule 19b-4 thereunder,\5\
Investors Exchange LLC (``IEX'' or ``Exchange'') is filing with the
Commission a proposed rule change to amend Rules 2.220(a)(7) and
11.410(a) to reflect the name change NYSE MKT to NYSE American LLC
(``NYSE American'') and the National Stock Exchange to NYSE National,
Inc. (``NYSE National''). The Exchange has designated this rule change
as ``non-controversial'' under Section 19(b)(3)(A) of the Act \6\ and
provided the Commission with the notice required by Rule 19b-4(f)(6)
thereunder.\7\ The text of the proposed rule change is available at the
Exchange's Web site at www.iextrading.com, at the principal office of
the Exchange, and at the Commission's Public Reference Room.
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    \4\ 15 U.S.C. 78s(b)(1).
    \5\ 17 CRF 240.19b-4.
    \6\ 15 U.S.C. 78s(b)(3)(A).
    \7\ 17 CFR 240.19b-4.
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II. Self-Regulatory Organization's Statement of the Purpose of, and the
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 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 the
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The Exchange proposes to amend Rules 2.220(a)(7) and 11.410(a) to
reflect reflect [sic] the name change NYSE MKT to NYSE American \8\ and
the National Stock Exchange to NYSE National.\9\ IEX Rule 2.220(a)(7)
lists the away trading centers that IEX Services LLC (``IEX Services'')
routes to as outbound router for the Exchange. Rule 11.410(a) specifies
the market data sources for each away trading center that the Exchange
uses for necessary price reference points. The proposed changes are
nonsubstantive and do not alter the manner in which orders are handled
or routed by the Exchange. The Exchange notes that NYSE National ceased
operations on February 1, 2017 and has not yet re-launched
operations.\10\
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    \8\ See Securities Exchange Act Release No. Securities Exchange
Act Release No. 80283 (March 21, 2017), 82 FR 15244 (March 27, 2017)
(SR-NYSEMKT-2017-14).
    \9\ See Securities Exchange Act Release No. 79902 (January 30,
2017), 82 FR 9258 (February 3, 2017) (SR-NSX-2016-16).
    \10\ See NYSE Trader Update dated January 18, 2017 available at:
https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Group_NSX_Member_Notice.pdf.
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2. Statutory Basis
    IEX believes that the proposed rule change is consistent with the
provisions of Section 6(b) \11\ of the Act in general, and furthers the
objectives of Section 6(b)(5) of the Act \12\ in particular, in that it
is 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
a national market system, and, in general, to protect investors and the
public interest. The Exchange believes it is consistent with the Act to
update the referenced rules to reflect the name changes of NYSE
American and NYSE National so that IEX's rules accurately specify away
markets referenced, as well as to avoid any potential confusion on the
part of market participants. As noted in the Purpose section, the
proposed changes are nonsubstantive and do not alter the manner in
which orders are handled or routed by the Exchange.
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    \11\ 15 U.S.C. 78f.
    \12\ 15 U.S.C. 78f(b)(5).
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B. Self-Regulatory Organization's Statement on Burden on Competition

    IEX does not believe that the proposed rule change will result in
any burden on competition that is not necessary or appropriate in
furtherance of the purposes of the Act. The Exchange believes that the
proposed correction does not impact competition in any respect since it
is designed to simply update away market names.

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

    Written comments were neither solicited nor received.

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

    Because the foregoing proposed rule 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 if consistent with the protection of
investors and the public interest, provided that the self-regulatory

organization has given the Commission written notice of its intent to
file 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,\13\ the proposed rule change has become
effective pursuant to Section 19(b)(3)(A) of the Act \14\ and Rule 19b-
4(f)(6) thereunder.\15\
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    \13\ The Exchange has fulfilled this requirement.
    \14\ 15 U.S.C. 78s(b)(3)(A).
    \15\ 17 CFR 240.19b-4(f)(6).
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    A proposed rule change filed under Rule 19b-4(f)(6) \16\ normally
does not become operative prior to 30 days after the date of the
filing. However, pursuant to Rule 19b4(f)(6)(iii),\17\ the Commission
may designate a shorter time if such action is consistent with the
protection of investors and the public interest. The Exchange has asked
the Commission to waive the 30-day operative delay so that the proposal
may become operative immediately upon filing. The Commission notes that
the proposed rule change does not present any new, unique or
substantive issues, but rather is merely updating references to away
markets in two of the Exchange's rules and that waiver of the 30-day
operative delay will help prevent potential confusion to market
participants. Therefore, the Commission believes that waiving the 30-
day operative delay is consistent with the protection of investors and
the public interest and designates the proposed rule change as
operative upon filing.\18\
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    \16\ Id.
    \17\ 17 CFR 240.19b-4(f)(6)(iii).
    \18\ 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).
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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 under
Section 19(b)(2)(B) \19\ of the Act to determine whether the proposed
rule change should be approved or disapproved.
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    \19\ 15 U.S.C. 78s(b)(2)(B).
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IV. Solicitation of Comments

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

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to [email protected]. Please include
File Number SR-IEX-2017-33 on the subject line.

Paper Comments

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

All submissions should refer to File Number SR-IEX-2017-33. This file
number should be included in 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 will also be available
for inspection and copying at the IEX's principal office and on its
Internet Web site at www.iextrading.com. 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-IEX-2017-33 and should be submitted on
or before November 13, 2017.
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    \20\ 17 CFR 200.30-3(a)(12).

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\20\
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-22884 Filed 10-20-17; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register Volume 75, Number 214 (Friday, November 5, 2010)]
[Notices]
[Page 68373]
[FR Doc No: 2010-27941]

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DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

[Internal Agency Docket No. FEMA-1945-DR; Docket ID FEMA-2010-0002]

Nebraska; Major Disaster and Related Determinations

AGENCY: Federal Emergency Management Agency, DHS.

ACTION: Notice.

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SUMMARY: This is a notice of the Presidential declaration of a major
disaster for the State of Nebraska (FEMA-1945-DR), dated October 21,
2010, and related determinations.

DATES: Effective Date: October 21, 2010.

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

SUPPLEMENTARY INFORMATION: Notice is hereby given that, in a letter
dated October 21, 2010, the President issued a major disaster
declaration under the authority of the Robert T. Stafford Disaster
Relief and Emergency Assistance Act, 42 U.S.C. 5121 et seq. (the
``Stafford Act''), as follows:

    I have determined that the damage in certain areas of the State
of Nebraska resulting from severe storms, flooding, tornado, and
straight-line winds during the period of September 13-14, 2010, is
of sufficient severity and magnitude to warrant a major disaster
declaration under the Robert T. Stafford Disaster Relief and
Emergency Assistance Act, 42 U.S.C. 5121 et seq. (the ``Stafford
Act''). Therefore, I declare that such a major disaster exists in
the State of Nebraska.
    In order to provide Federal assistance, you are hereby
authorized to allocate from funds available for these purposes such
amounts as you find necessary for Federal disaster assistance and
administrative expenses.
    You are authorized to provide Public Assistance in the
designated areas and Hazard Mitigation throughout the State.
Consistent with the requirement that Federal assistance is
supplemental, any Federal funds provided under the Stafford Act for
Public Assistance and Hazard Mitigation will be limited to 75
percent of the total eligible costs.
    Further, you are authorized to make changes to this declaration
for the approved assistance to the extent allowable under the
Stafford Act.

    The Federal Emergency Management Agency (FEMA) hereby gives notice
that pursuant to the authority vested in the Administrator, under
Executive Order 12148, as amended, Stephen R. Thompson, of FEMA is
appointed to act as the Federal Coordinating Officer for this major
disaster.
    The following areas of the State of Nebraska have been designated
as adversely affected by this major disaster:

    Cass, Johnson, Nemaha, Otoe, Pawnee, Richardson, and Saunders
Counties for Public Assistance.
    All counties within the State of Nebraska are eligible to apply
for assistance under the Hazard Mitigation Grant Program.
    The following Catalog of Federal Domestic Assistance Numbers
(CFDA) are to be used for reporting and drawing funds: 97.030,
Community Disaster Loans; 97.031, Cora Brown Fund; 97.032, Crisis
Counseling; 97.033, Disaster Legal Services; 97.034, Disaster
Unemployment Assistance (DUA); 97.046, Fire Management Assistance
Grant; 97.048, Disaster Housing Assistance to Individuals and
Households In Presidentially Declared Disaster Areas; 97.049,
Presidentially Declared Disaster Assistance--Disaster Housing
Operations for Individuals and Households; 97.050, Presidentially
Declared Disaster Assistance to Individuals and Households--Other
Needs; 97.036, Disaster Grants--Public Assistance (Presidentially
Declared Disasters); 97.039, Hazard Mitigation Grant.

W. Craig Fugate,
Administrator, Federal Emergency Management Agency.
[FR Doc. 2010-27941 Filed 11-4-10; 8:45 am]
BILLING CODE 9111-23-P


[Federal Register Volume 86, Number 38 (Monday, March 1, 2021)]
[Notices]
[Page 12075]
[FR Doc No: 2021-04094]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

[Summary Notice No.--2021-2055]

Petition for Exemption; Summary of Petition Received; Billings
Flying Service

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

ACTION: Notice.

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SUMMARY: This notice contains a summary of a petition seeking relief
from specified requirements of Federal Aviation Regulations. The
purpose of this notice is to improve the public's awareness of, and
participation in, the FAA's exemption process. Neither publication of
this notice nor the inclusion or omission of information in the summary
is intended to affect the legal status of the petition or its final
disposition.

DATES: Comments on this petition must identify the petition docket
number and must be received on or before March 22, 2021.

ADDRESSES: Send comments identified by docket number FAA-2020-1161
using any of the following methods:
     Federal eRulemaking Portal: Go to http://www.regulations.gov and follow the online instructions for sending your
comments electronically.
     Mail: Send comments to Docket Operations, M-30; U.S.
Department of Transportation, 1200 New Jersey Avenue SE, Room W12-140,
West Building Ground Floor, Washington, DC 20590-0001.
     Hand Delivery or Courier: Take comments to Docket
Operations in Room W12-140 of the West Building Ground Floor at 1200
New Jersey Avenue SE, Washington, DC 20590-0001, between 9 a.m. and 5
p.m., Monday through Friday, except Federal holidays.
     Fax: Fax comments to Docket Operations at<PHONE_NUMBER>.
    Privacy: In accordance with 5 U.S.C. 553(c), DOT solicits comments
from the public to better inform its rulemaking process. DOT posts
these comments, without edit, including any personal information the
commenter provides, to http://www.regulations.gov, as described in the
system of records notice (DOT/ALL-14 FDMS), which can be reviewed at
http://www.dot.gov/privacy.
    Docket: Background documents or comments received may be read at
http://www.regulations.gov at any time. Follow the online instructions
for accessing the docket or go to the Docket Operations in Room W12-140
of the West Building Ground Floor at 1200 New Jersey Avenue SE,
Washington, DC 20590-0001, between 9 a.m. and 5 p.m., Monday through
Friday, except Federal holidays.

FOR FURTHER INFORMATION CONTACT: Jesse Holston<PHONE_NUMBER>, Office
of Rulemaking, Federal Aviation Administration, 800 Independence Avenue
SW, Washington, DC 20591.
    This notice is published pursuant to 14 CFR 11.85.

    Issued in Washington, DC.
Timothy R. Adams,
Deputy Executive Director, Office of Rulemaking.

Petition for Exemption

    Docket No.: FAA-2020-1161.
    Petitioner: Billings Flying Service.
    Section(s) of 14 CFR Affected: Sec. Sec.  61.58(g) and 142.59(a)(1-
2).
    Description of Relief Sought: The requested exemption seeks relief
from Sec. Sec.  61.58(g) and 142.59(a)(1-2) of Title 14 Code of Federal
Regulations (14 CFR). The exemption, if granted would allow a pilot
trained by the operator, Billings Flight Service, utilizing an approved
14 CFR part 91 training program, to use a purpose built CH-47D Chinook
and UH-60A/L Blackhawk simulator to conduct proficiency checks, flight
crewmember training, and evaluations events.

[FR Doc. 2021-04094 Filed 2-26-21; 8:45 am]
BILLING CODE 4910-13-P


Note to Docket EPA-HQ-OAR-2009-0837

Based on an August 2, 2010 telephone call between EPA and Linde, EPA
understands that cylinders labeled as NOx can contain NO, NO2 or a
combination of NO and NO2; and cylinders containing an SO2 and NO2
combination may be possible.


[Federal Register Volume 82, Number 104 (Thursday, June 1, 2017)]
[Notices]
[Pages 25385-25389]
[FR Doc No: 2017-11374]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-80798; File No. SR-C2-2017-018]

Self-Regulatory Organizations; C2 Options Exchange, Incorporated;
Notice of Filing of Proposed Rule Change To Eliminate Requirements That
Will Be Duplicative of CAT

May 26, 2017.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(the ``Act'') \1\ and Rule 19b-4 thereunder,\2\ notice is hereby given
that on May 15, 2017, C2 Options Exchange, Incorporated (the
``Exchange'' or ``C2'') filed with the Securities and Exchange
Commission (the ``Commission'') the proposed rule change as described
in Items I, II, and III 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 modify requirements for the collection of
information that is duplicative of information intended to be collected
for the consolidated audit trail (``CAT'') adopted pursuant to the
National Market System Plan Governing the Consolidated Audit Trail (the
``CAT NMS Plan'' or ``Plan'').\3\ The Exchange will announce the
implementation date of the proposed rule change and effective date of
the retirement of any related systems by Regulatory Circular that will
be published once the options exchanges determine the thresholds for
accuracy and reliability described below have been met and that the
Plan Processor for CAT is sufficiently meeting all of its obligations
under the CAT NMS Plan.
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    \3\ Unless otherwise specified, capitalized terms used in this
rule filing are defined as set forth herein, or in the CAT
Compliance Rule Series or in the CAT NMS Plan.
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    The text of the proposed rule change is available on the Exchange's
Web site (http://www.cboe.com/AboutCBOE/CBOELegalRegulatoryHome.aspx),
at the Exchange's Office of the Secretary, 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
    Bats BYX Exchange, Inc., Bats BZX Exchange, Inc., Bats EDGA
Exchange, Inc., Bats EDGX Exchange, Inc., BOX Options Exchange LLC, C2
Options Exchange, Incorporated, Chicago Board Options Exchange,
Incorporated, Chicago Stock Exchange, Inc., Financial Industry
Regulatory Authority, Inc. (``FINRA''), Investors' Exchange LLC, Miami
International Securities Exchange, LLC, MIAX PEARL, LLC, NASDAQ BX,
Inc., Nasdaq GEMX, LLC, Nasdaq ISE, LLC, Nasdaq MRX, LLC,\4\ NASDAQ
PHLX LLC, The NASDAQ Stock Market LLC, New York Stock Exchange LLC,
NYSE MKT LLC, NYSE Arca, Inc. and NYSE National, Inc.\5\ (collectively,
the ``Participants'') filed with the Commission, pursuant to Section
11A of the Exchange Act \6\ and Rule 608 of Regulation NMS
thereunder,\7\ the CAT NMS Plan.\8\ The Participants filed the Plan to
comply with Rule 613 of Regulation NMS under the Exchange Act. The Plan
was published for comment in the Federal

Register on May 17, 2016,\9\ and approved by the Commission, as
modified, on November 15, 2016.\10\ The Plan is designed to create,
implement and maintain a CAT that would capture customer and order
event information for orders in NMS Securities and OTC Equity
Securities, across all markets, from the time of order inception
through routing, cancellation, modification, or execution in a single
consolidated data source. Pursuant to Appendix C of the CAT NMS Plan,
each Participant is required to conduct analyses of which of its
existing trade and order data rules and systems require the collection
of information that is duplicative of information collected for the
CAT.\11\ In addition, among other things, Section C.9 of Appendix C to
the Plan, as modified by the Commission, requires each Participant to
``file with the SEC the relevant rule change filing to eliminate or
modify its duplicative rules within six (6) months of the SEC's
approval of the CAT NMS Plan.'' \12\ The Plan notes that ``the
elimination of such rules and the retirement of such systems [will] be
effective at such time as CAT Data meets minimum standards of accuracy
and reliability.'' \13\
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    \4\ ISE Gemini, LLC, ISE Mercury, LLC and International
Securities Exchange, LLC have been renamed Nasdaq GEMX, LLC, Nasdaq
MRX, LLC, and Nasdaq ISE, LLC, respectively. See Securities Exchange
Act Rel. No. 80248 (Mar. 15, 2017), 82 FR 14547 (Mar. 21, 2017);
Securities Exchange Act Rel. No. 80326 (Mar. 29, 2017), 82 FR 16460
(Apr. 4, 2017); and Securities Exchange Act Rel. No. 80325 (Mar. 29,
2017), 82 FR 16445 (Apr. 4, 2017).
    \5\ National Stock Exchange, Inc. has been renamed NYSE
National, Inc. See Securities Exchange Act Rel. No. 79902 (Jan. 30,
2017), 82 FR 9258 (Feb. 3, 2017).
    \6\ 15 U.S.C. 78k-1.
    \7\ 17 CFR 242.608.
    \8\ See Letter from the Participants to Brent J. Fields,
Secretary, Commission, dated September 30, 2014; and Letter from
Participants to Brent J. Fields, Secretary, Commission, dated
February 27, 2015. On December 24, 2015, the Participants submitted
an amendment to the CAT NMS Plan. See Letter from Participants to
Brent J. Fields, Secretary, Commission, dated December 23, 2015.
    \9\ Securities Exchange Act Rel. No. 77724 (Apr. 27, 2016), 81
FR 30614 (May 17, 2016).
    \10\ Securities Exchange Act Rel. No. 79318 (Nov. 15, 2016), 81
FR 84696 (Nov. 23, 2016) (``Approval Order'').
    \11\ Appendix C of CAT NMS Plan, Approval Order at 85010.
    \12\ Id.
    \13\ Id.
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    After conducting its analysis of its rules in accordance with the
CAT NMS Plan, the Exchange determined C2 Rule 8.7(b) and Chicago Board
Options Exchange, Incorporated (``CBOE'') Rule 15.7 \14\ require the
reporting of information intended to be collected by the CAT.
Therefore, the Exchange believes those provisions will no longer be
necessary once the CAT is operational and proposes to modify those
Rules as described below. Additionally, the Exchange describes below
additional reporting requirements that it may reduce for which no rule
changes are necessary. These changes will be implemented in accordance
with the timeline described below.
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    \14\ Rule 15.7 is incorporated by reference to CBOE Rule 15.7.
See C2 Chapter 15. CBOE, an exchange affiliate of C2, submitted rule
filing SR-CBOE-2017-041 on the same date as this rule filing, which
updates CBOE Rule 15.7 in accordance with the CAT NMS Plan. This
rule filing describes the proposed rule change in the CBOE rule
filing.
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    Initially, the Exchange notes that options exchanges, including the
Exchange, utilize consolidated options audit trail system (``COATS'')
to collect and review data regarding options orders, quotes and
transactions. The Participants have provided COATS technical
specifications to the Plan Processor for the CAT for use in developing
the Technical Specifications for the CAT, and the Participants are
working with the Plan Processor to include the necessary COATS data
elements in the CAT Technical Specifications. Accordingly, although the
Technical Specifications for the CAT have not yet been finalized, the
Exchange and the other options exchanges propose to eliminate COATS in
accordance with the proposed timeline discussed below. The Exchange
notes that it does not have any specific rules or requirements related
to COATS but refers to its retirement below in an effort to provide
transparency.
(1) Market Maker Equity Order Reports
    Rule 8.7(b) \15\ requires Market-Makers, upon request of the
Exchange and in the prescribed form, report to the Exchange every order
entered by the Market-Maker for the purchase or sale of (i) a security
underlying options traded on the Exchange, or (ii) a security
convertible into or exchangeable for such underlying security, as well
as opening and closing positions in all such securities held in each
account reported pursuant to Rule 8.7(a). The report pertaining to
orders must include the terms of each order, identification of the
brokerage firms through which the orders were entered, the times of
entry or cancellation, the times report of execution were received and,
if all or part of the order was executed, the quantity and execution
price. CAT will require Market-Makers to report order information for
such securities. Therefore, this rule provision as it relates to order
reports is duplicative of CAT requirements, and the Exchange proposes
to delete it. CAT does not require reporting of positions, so the
Exchange will maintain the position reporting requirement in Rule
8.7(b). The proposed rule change also makes a conforming change to the
rule name.
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    \15\ The Exchange recently submitted a rule filing to amend Rule
8.7(b), which was filed for immediate effectiveness. See SR-C2-2017-
019. This proposed rule change reflects the amended rule text in
that filing.
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(2) EBS
    CBOE Rule 15.7 (incorporated by reference) is the Exchange's rule
regarding the automated submission of specific trading data to the
Exchange upon request using the Electronic Blue Sheet (``EBS'') system.
Rule 15.7 requires a Trading Permit Holder to submit the trade data
elements specified in the Rule in such automated format as may be
prescribed by the Exchange from time to time, in regard to such
transaction or transactions that are the subject of a particular
request for information made by the Exchange. The Rule sets forth in
paragraphs (a) and (b) the data elements required if the transaction
was a proprietary transaction or if it was effected for a customer
account, respectively. Paragraph (c) provides a Trading Permit Holder
must submit such other information as may from time to time be
required. Paragraph (d) permits the Exchange to grant exceptions from
these requirements in such cases and for such time periods as it deems
appropriate.
    CBOE proposes (in a separate rule filing, as described above) to
amend CBOE Rule 15.7 to state it will request information under the
Rule only if the information is not available in the CAT because, for
example, the transactions in question occurred before the firm was
reporting information to the CAT or involved securities that are not
reportable to the CAT. In essence, under the proposed rule change, the
Exchange will make requests under Rule 15.7 if and only if the
information is not otherwise available through the CAT.\16\
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    \16\ The CBOE proposed rule change also capitalizes the first
word of paragraph (a).
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    Once broker-dealer reporting to the CAT has begun, the CAT will
contain the data the Participants would otherwise have requested via
the EBS system for purposes of NMS Securities and OTC Equity
Securities. Consequently, the Exchange will not need to use the EBS
system or request information pursuant to Rule 15.7 for NMS Securities
or OTC Equity Securities for time periods after CAT reporting has begun
if the appropriate accuracy and reliability thresholds are achieved,
including an acceptable accuracy rate for customer and account
information. However, Rule 15.7 cannot be completely eliminated
immediately upon the CAT achieving the appropriate thresholds because
Exchange staff may still need to request information pursuant to Rule
15.7 for trading activity occurring before a member was reporting to
the CAT.\17\ In addition, Rule 15.7 applies to information regarding
transactions involving securities that will not be reportable to the
CAT, such as fixed-income securities; thus, the rule must remain in
effect with respect to those transactions indefinitely or until

those transactions are captured in the CAT.
---------------------------------------------------------------------------

    \17\ Firms are required to maintain the trade information for
pre-CAT transactions in equities and options pursuant to applicable
rules, such as books and records retention requirements, for the
relevant time period, which is generally three or six years
depending upon the record. See 17 CFR 240.17a-3(a), 240.17a-4.
---------------------------------------------------------------------------

(3) Other Reports
    Various other C2 Rules require Trading Permit Holders to report
information to the Exchange upon request.\18\ While the Exchange
believes it is necessary to retain these Rules to ensure it has access
to the necessary data to perform its regulatory duties and meet its
surveillance obligations, it expects it will need to make fewer
information requests pursuant to these Rule once Trading Permit Holders
begin reporting to the CAT and accuracy and reliability standards are
met.
---------------------------------------------------------------------------

    \18\ See, e.g., CBOE Rule 17.2, Interpretation and Policy .04
(incorporated by reference).
---------------------------------------------------------------------------

(4) Timeline for Elimination of Duplicative Rules
    The CAT NMS Plan states that the elimination of rules that are
duplicative of the requirements of the CAT and the retirement of the
related systems should be effective at such time as CAT Data meets
minimum standards of accuracy and reliability.\19\ As discussed in more
detail below, the Exchange believes the Rule provisions and related
systems described above may be retired at a date after all Industry
Members are reporting to the CAT when the proposed error rate
thresholds have been met, and the Exchange has determined that its
usage of the CAT Data has not revealed material issues that have not
been corrected, confirmed that the CAT includes all data necessary to
allow the Exchange to continue to meet its surveillance obligations,
and confirmed that the Plan Processor is sufficiently meeting all of
its obligations under the CAT NMS Plan.
---------------------------------------------------------------------------

    \19\ Id. [sic]
---------------------------------------------------------------------------

    The Exchange believes the proposed rule changes should not be
effective until all Participants and Industry Members that report data
pursuant to the Rules described above are reporting comparable data to
the CAT. In this way, the Exchange will continue to have access to the
necessary data to perform its regulatory duties.
    The CAT NMS Plan requires that a rule filing to eliminate a
duplicative rule address whether ``the availability of certain data
from Small Industry Members two years after the Effective Date would
facilitate a more expeditious retirement of duplicative systems.'' \20\
The Exchange believes COATS should not be retired until all
Participants and Industry Members that report data to COATS are
reporting comparable data to the CAT. While the early submission of
options data to the CAT by Small Industry Members could expedite the
retirement of COATS, the Exchange believes that it premature [sic] to
consider such a change and that additional analysis would be necessary
to determine whether such early reporting by Small Industry Members
would be feasible.
---------------------------------------------------------------------------

    \20\ Id.
---------------------------------------------------------------------------

    The CAT NMS Plan requires that this rule filing address ``whether
individual Industry Members can be exempted from reporting to
duplicative systems once their CAT reporting meets specified accuracy
and reliability standards, including, but not limited to, ways in which
establishing cross-system regulatory functionality or integrating data
from existing systems and the CAT would facilitate such Individual
Industry Member exemptions.'' \21\ The Exchange believes that a single
cut-over from the reporting requirements described above to CAT is
highly preferable to a firm-by-firm approach and is not proposing to
exempt members from such reporting requirements on a firm-by-firm
basis. The Exchange believes that providing such individual exemptions
to Industry Members would be inefficient, more costly, and less
reliable than the single cut-over. Providing individual exemptions
would require the options exchanges to create, for a brief temporary
period, a cross-system regulatory function and to integrate data from
reports received pursuant to the above requirements and the CAT to
avoid creating any regulatory gaps as a result of such exemptions. Such
a function would be costly to create and would give rise to a greater
likelihood of data errors or other issues. Given the limited time in
which such exemptions would be necessary, the Exchange does not believe
that such exemptions would be an appropriate use of limited resources.
---------------------------------------------------------------------------

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

    The CAT NMS Plan also requires that a rule filing to eliminate a
duplicative rule to provide ``specific accuracy and reliability
standards that will determine when duplicative systems will be retired,
including, but not limited to, whether the attainment of a certain
Error Rate should determine when a system duplicative of the CAT can be
retired.'' \22\ The Exchange believes that it is critical that the CAT
Data be sufficiently accurate and reliable for the Exchange to perform
the regulatory functions that it now performs using the information it
receives pursuant to the reporting requirements described above.
Accordingly, the Exchange believes that the CAT Data should meet
specific quantitative error rates, as well as certain qualitative
requirements.
---------------------------------------------------------------------------

    \22\ Id.
---------------------------------------------------------------------------

    The Exchange believes (and the other options exchanges with respect
to COATS and EBS) believe that, before reporting requirements may be
modified or eliminated, as applicable, and related systems may be
retired, the CAT would need to achieve a sustained error rate for a
period of at least 180 days of 5% or lower measured on a pre-correction
or as-submitted basis, and 2% or lower on a post-correction basis
(measured at T+5).\23\ The Exchange proposes to measure the 5% pre-
correction and 2% post-correction thresholds by averaging the error
rate across the period, not require a 5% pre-correction and 2% post-
correction maximum each day for 180 consecutive days. The Exchange
believes that measuring each of the thresholds over the course of 180
days will ensure that the CAT consistently meets minimum accuracy and
reliability thresholds while also ensuring that single-day measurements
do not unduly affect the overall measurements. The Exchange proposes to
measure the appropriate error rates in the aggregate, rather than firm-
by-firm. In addition, with respect to COATS, the Exchange proposes to
measure the error rates for options only, not equity securities, as
only options are subject to COATS. The 2% and 5% error rates are in
line with the proposed retirement threshold for FINRA's Order Audit
Trail System (``OATS'').
---------------------------------------------------------------------------

    \23\ The Plan requires that the Plan Processor must ensure that
regulators have access to corrected and linked order and Customer
data by 8:00 a.m. Eastern Time on T+5. See CAT NMS Plan, at C-15.
---------------------------------------------------------------------------

    In addition to these minimum error rates before reporting
requirements may be modified or eliminated, as applicable, and related
systems may be retired, the Exchange believes that during the minimum
180-day period during which the thresholds are calculated, the
Exchange's use of the data in the CAT must confirm that (i) usage over
that time period has not revealed material issues that have not been
corrected, (ii) the CAT includes all data necessary to allow the
Exchange to continue to meet its surveillance obligations, and (iii)
the Plan Processor is sufficiently meeting all of its obligations under
the CAT NMS Plan. The Exchange believes this time period to use the CAT
Data is necessary to reveal any errors that may manifest themselves
only after surveillance patterns and other queries have been run and to
confirm that the Plan Processor is meeting its obligations and
performing its functions adequately.

    If the Commission approves the proposed rule change, the Exchange
will announce the date for modification or elimination, as applicable,
of reporting requirements and retirement of related systems and the
implementation date of the proposed rule change via Regulatory Circular
that will be published once the Exchange (and other options exchanges
with respect to COATS and EBS) determines that the thresholds for
accuracy and reliability described above have been met and that the
Plan Processor is sufficiently meeting all of its obligations under the
CAT NMS Plan.
2. Statutory Basis
    The Exchange believes that the proposed rule change is consistent
with the provisions of Section 6(b)(5) of the Exchange Act,\24\ which
requires, among other things, that Exchange Rules must be designed to
prevent fraudulent and manipulative acts and practices, to promote just
and equitable principles of trade, and, in general, to protect
investors and the public interest, and not designed to permit unfair
discrimination between customers, issuers, brokers and dealer. The
Exchange believes that this proposal is consistent with the Exchange
Act because it fulfills the obligation in the CAT NMS Plan for the
Exchange to submit a proposed rule change to eliminate or modify
duplicative rules. In approving the Plan, the SEC noted that the Plan
``is necessary and appropriate in the public interest, for the
protection of investors and the maintenance of fair and orderly
markets, to remove impediments to, and perfect the mechanism of a
national market system, or is otherwise in furtherance of the purposes
of the Act.'' \25\ As this proposal implements the Plan, the Exchange
believes that this proposal furthers the objectives of the Plan, as
identified by the SEC, and is therefore consistent with the Exchange
Act.
---------------------------------------------------------------------------

    \24\ 15 U.S.C. 78f(b)(5).
    \25\ Approval Order at 84697.
---------------------------------------------------------------------------

    Moreover, the purpose of the proposed rule change is to amend rules
that require the submission of duplicative data to the Exchange. The
elimination of such duplicative requirements will reduce unnecessary
costs and other compliance burdens for the Exchange and its Trading
Permit Holders, and therefore, will enhance the efficiency of the
securities markets. Furthermore, the Exchange believes that the
approach set forth in the proposed rule change strikes the appropriate
balance between ensuring that the Exchange is able to continue to
fulfill its statutory obligation to protect investors and the public
interest by ensuring its surveillance of market activity remains
accurate and effective while also establishing a reasonable timeframe
for elimination or modification of its rules that will be rendered
duplicative after implementation of the CAT.

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

    Section 6(b)(8) of the Exchange Act \26\ requires that Exchange
Rules not impose any burden on competition that is not necessary or
appropriate. The Exchange does not believe that the proposed rule
change will result in any burden on competition that is not necessary
or appropriate in furtherance of the purposes of the Exchange Act. The
Exchange notes that the proposed rule change implements the
requirements of the CAT NMS Plan approved by the Commission regarding
the elimination of rules and systems that are duplicative the CAT, and
is designed to assist the Exchange in meeting its regulatory
obligations pursuant to the Plan. Similarly, all exchanges and FINRA
are proposing the elimination of reporting requirements related to
COATS and EBS, as well as other duplicative rules, to implement the
requirements of the CAT NMS Plan. Therefore, this is not a competitive
rule filing and, therefore, it does not raise competition issues
between and among the self-regulatory organizations and/or their
members.
---------------------------------------------------------------------------

    \26\ 15 U.S.C. 78f(b)(8).
---------------------------------------------------------------------------

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

    Although written comments on the proposed rule change were not
solicited, the Exchange received comments from two commenters, the
Financial Information Forum (``FIF'') and the Securities Industry and
Financial Markets Association (``SIFMA''), regarding the retirement of
systems related to the CAT.\27\ In its comment letters, with regard to
the retirement of duplicative systems more generally, FIF recommended
that the Participants continue the effort to incorporate current
reporting obligations into the CAT in order to replace existing
reportable systems with the CAT. In addition, FIF further recommended
that, once a CAT Reporter achieved satisfactory reporting data quality,
the CAT Reporter should be exempt from reporting to any duplicative
reporting systems. FIF believed that these recommendations ``would
serve both an underlying regulatory objective of more immediate and
accurate access to data as well as an industry objective of reduced
costs and burdens of regulatory oversight.'' \28\ In its comments about
EBS specifically, FIF stated that the retirement of the EBS
requirements should be a high priority, and that the CAT should be
designed to include the requisite data elements to permit the rapid
retirement of EBS.\29\ Similarly, SIFMA stated that ``the establishment
of the CAT must be accompanied by the prompt elimination of duplicative
systems,'' and ``recommend[ed] that the initial technical
specifications be designed to facilitate the immediate retirement of .
. . duplicative reporting systems.'' \30\
---------------------------------------------------------------------------

    \27\ Letter from William H. Hebert, FIF, to Participants re:
Milestone for Participants' rule change filings to eliminate/modify
duplicative rules (Apr. 12, 2017) (``FIF Letter''); Letter from
William H. Hebert, FIF, to Brent J. Fields, SEC re: Milestone for
Participants' rule change filings to eliminate/modify duplicative
rules (Apr. 12, 2017); and Letter from Kenneth E. Bentsen, Jr.,
SIFMA, to Participants re: Selection of Thesys as CAT Processor
(Apr. 4, 2017) (``SIFMA Letter'') at 2.
    \28\ FIF Letter at 2.
    \29\ FIF Letter at 2.
    \30\ SIFMA Letter at 2.
---------------------------------------------------------------------------

    As discussed above, the Exchange agrees with the commenters that
the reporting requirements proposed to be modified or eliminated should
be replaced by the CAT reporting requirements as soon as accurate and
reliable CAT Data is available. To this end, the Exchange anticipates
that the CAT will be designed to collect the data necessary to permit
the modification or elimination, as applicable, of these reporting
requirements and the retirement of related systems. However, as
discussed above, the Exchange disagrees with the recommendation to
provide individual exemptions to those CAT Reporters who obtain
satisfactory data reporting quality.

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 Exchange consents, the Commission will:
    A. By order approve or disapprove such proposed rule change, or
    B. institute proceedings to determine whether the proposed rule
change should be disapproved.

IV. Solicitation of Comments

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

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to<EMAIL_ADDRESS>Please include
File Number SR-C2-2017-018 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-C2-2017-018. 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-C2-2017-018 and should be
submitted on or before June 22, 2017.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\31\
---------------------------------------------------------------------------

    \31\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-11374 Filed 5-31-17; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register Volume 85, Number 51 (Monday, March 16, 2020)]
[Rules and Regulations]
[Pages 14786-14789]
[FR Doc No: 2020-05244]

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

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. FAA-2020-0221; Product Identifier 2019-SW-042-AD; Amendment
39-19862; AD 2020-04-21]
RIN 2120-AA64

Airworthiness Directives; Bell Helicopter Textron Canada Limited
Helicopters

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Final rule; request for comments.

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

SUMMARY: The FAA is adopting a new airworthiness directive (AD) for
certain Bell Helicopter Textron Canada Limited (Bell Canada) Model 429
helicopters. This AD requires inspecting a certain part-numbered curvic
coupling for proper engagement and depending on the inspection results,
inspecting for play, inspecting the curvic coupling teeth, inspecting
the flapping bearing teeth, replacing parts, performing a rigging
check, and reporting information. This AD was prompted by a report of
disengaged teeth of a curvic coupling due to improper installation. The
actions of this AD are intended to address an unsafe condition on these
products.

DATES: This AD becomes effective March 31, 2020.
    The Director of the Federal Register approved the incorporation by
reference of a certain document listed in this AD as of March 31, 2020.
    The FAA must receive comments on this AD by May 15, 2020.

ADDRESSES: You may send comments by any of the following methods:
     Federal eRulemaking Docket: Go to https://www.regulations.gov. Follow the online instructions for sending your
comments electronically.
     Fax:<PHONE_NUMBER>.
     Mail: Send comments to the U.S. Department of
Transportation, Docket Operations, M-30, West Building Ground Floor,
Room W12-140, 1200 New Jersey Avenue SE, Washington, DC 20590-0001.
     Hand Delivery: Deliver to the ``Mail'' address between 9
a.m. and 5 p.m., Monday through Friday, except Federal holidays.

Examining the AD Docket

    You may examine the AD docket on the internet at https://www.regulations.gov by searching for and locating Docket No. FAA-2020-
0221; 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 AD, the Transport Canada AD, any service information that is
incorporated by reference, any comments received, and other
information. The street address for Docket Operations is listed above.
Comments will be available in the AD docket shortly after receipt.
    For service information identified in this final rule, contact Bell
Helicopter Textron Canada Limited, 12,800 Rue de l'Avenir, Mirabel,
Quebec J7J1R4; telephone<PHONE_NUMBER> or<PHONE_NUMBER>; fax 450-433-
0272; or at https://www.bellcustomer.com. You may review the referenced
service information at the FAA, Office of the Regional Counsel,
Southwest Region, 10101 Hillwood Pkwy, Room 6N-321, Fort Worth, TX
76177. It is also available on the internet at https://www.regulations.gov by searching for and locating Docket No. FAA-2020-
0221.

FOR FURTHER INFORMATION CONTACT: Kristi Bradley, Aerospace Engineer,
Safety Management Section, Rotorcraft Standards Branch, FAA, 10101
Hillwood Pkwy., Fort Worth, TX 76177; telephone<PHONE_NUMBER>; email
<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION:

Comments Invited

    This AD is a final rule that involves requirements affecting flight
safety, and the FAA did not provide you with notice and an opportunity
to provide your comments prior to it becoming effective. However, the
FAA invites you to participate in this rulemaking by submitting written
comments, data, or views. The FAA also invites comments relating to the
economic, environmental, energy, or federalism impacts that resulted
from adopting this AD. The most helpful comments reference a specific
portion of the AD, explain the reason for any recommended change, and
include supporting data. To ensure the docket does not contain
duplicate comments, commenters should send only one copy of written
comments, or if comments are filed electronically, commenters should
submit them only one time. The FAA will file in the docket all comments
received, as well as a report summarizing each substantive public
contact with FAA personnel concerning this rulemaking during the
comment period. The FAA will consider all the comments received and may
conduct additional rulemaking based on those comments.

Discussion

    Transport Canada, which is the aviation authority for Canada, has
issued Emergency AD No. CF-2019-15, dated April 26, 2019, to correct an
unsafe condition for Bell Canada Model 429 helicopters, serial numbers
57001 through 57363. Transport Canada advises of a report of an
improperly installed curvic coupling part number (P/N) 429-012-120-101.
This was discovered during installation of the tail rotor (T/R) hub and
blade assembly when the teeth of the curvic coupling rested on top of
each other instead of meshing together. Transport Canada further
advises that this condition may result in loosening of the T/R assembly
and subsequent vibration and loss of drive to the outboard T/R blades,
which will result in degraded directional control. Therefore, the
Transport Canada Emergency AD requires inspecting the T/R and
correcting any defective conditions, as well as reporting any anomalies
to Bell Canada.

FAA's Determination

    These helicopters have been approved by the aviation authority of
Canada and are approved for operation in the United States. Pursuant to
the FAA's bilateral agreement with Canada, Transport Canada, its
technical representative, has notified the FAA of the unsafe condition
described in the Transport Canada AD. The FAA is issuing this AD
because it has evaluated all information provided by Transport Canada
and determined the unsafe condition exists and is likely to exist or
develop on other helicopters of the same type designs.

Related Service Information Under 1 CFR Part 51

    Bell has issued Alert Service Bulletin 429-19-45, dated April 16,
2019, for Model 429 helicopters, serial numbers 57001 through 57343,
57346 through 57349, 57352 through 57356, and 57362. This service
information specifies inspecting the inboard and outboard curvic
coupling teeth for proper engagement; inspecting for axial play between
the inboard and outboard hub and blade assemblies; inspecting for play
between the curvic coupling teeth and both inboard and outboard
flapping bearing teeth; inspecting the curvic coupling teeth for
damage; inspecting the inboard and outboard flapping bearing teeth for
damage; installing a serviceable T/R hub and blade assembly; performing
a rigging check of the directional control system; and reporting any
anomalies to Bell Canada.
    This service information is reasonably available because the
interested parties have access to it through their normal course of
business or by the means identified in the ADDRESSES section.

AD Requirements

    This AD requires inspecting the curvic coupling teeth for proper
engagement with the inboard and outboard flapping bearing teeth within
10 hours time-in-service (TIS).
    If the teeth are not properly engaged, this AD requires removing
the T/R hub and blade assembly and inspecting the curvic coupling teeth
and the inboard and outboard flapping bearing teeth for a crack, wear,
mechanical damage, and corrosion. Depending on the inspection results,
this AD requires replacing parts. Then, with the T/R hub and blade
assembly installed, this AD requires

performing a rigging check of the directional control system.
    If the teeth are properly engaged, this AD requires inspecting for
axial play between both the inboard and outboard T/R hub and blade
assemblies. If there is axial play, this AD requires performing the
inspections for a crack, wear, mechanical damage, and corrosion. If
there is no axial play, this AD requires inspecting for play between
the teeth of the curvic coupling and both the inboard and outboard
flapping bearing teeth, and if play exists, this AD requires performing
the inspections for a crack, wear, mechanical damage, and corrosion.
    Lastly, this AD requires emailing information about the inspection
results that resulted in the replacement of parts to Bell Canada.

Differences Between This AD and the Transport Canada AD

    The Transport Canada Emergency AD requires reporting information
within 3 days after the completion of the inspection, whereas this AD
allows a compliance time of up to 10 days after completion of the
inspection instead. This AD applies to fewer serial numbered Model 429
helicopters, listed in the applicability section, than the Transport
Canada Emergency AD because certain serial numbered helicopters will
have complied with the intent of this AD prior to delivery.

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 notice and comment,
RFA analysis is not required.

Costs of Compliance

    The FAA estimates that this AD affects 88 helicopters of U.S.
Registry. The FAA estimates that operators may incur the following
costs in order to comply with this AD. Labor costs are estimated at $85
per work-hour.
    Inspecting the curvic coupling teeth and the flapping bearing teeth
for proper engagement requires about 0.5 work-hours for an estimated
cost of $43 per helicopter and $3,784 for the U.S. fleet.
    If required, removing and installing the T/R hub and blade assembly
to inspect the curvic coupling teeth and the inboard and outboard
flapping bearing teeth for a crack, wear, mechanical damage, and
corrosion requires about 0.5 work-hours for an estimated cost of $43
per helicopter.
    Replacing a curvic coupling requires about 0.5 work-hours and parts
cost about $4,141 for an estimated cost of $4,184 per curvic coupling.
    Replacing a flapping bearing requires about 0.5 work-hours and
parts cost about $19,948 for an estimated cost of $19,991 per flapping
bearing.
    If required, reporting information takes about 1 work-hour for an
estimated cost of $85 per helicopter.

Paperwork Reduction Act

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

Justification for Immediate Adoption and Determination of the Effective
Date

    Section 553(b)(3)(B) of the Administrative Procedure Act (5 U.S.C.)
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 seeking comment prior to the rulemaking.
    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 waiving notice and comment prior to adoption of this rule
because the unsafe condition requires corrective action within 10 hours
TIS. Accordingly, notice and opportunity for prior public comment are
impracticable and contrary to public interest pursuant to 5 U.S.C.
553(b)(3)(B). In addition, for the reasons stated above, 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.

Authority for This Rulemaking

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

Regulatory Findings

    The FAA determined that this 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, 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.

Adoption of 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 (AD):

2020-04-21 Bell Helicopter Textron Canada Limited: Amendment 39-
19862; Docket No. FAA-2020-0221; Product Identifier 2019-SW-042-AD.

(a) Applicability

    This AD applies to Bell Helicopter Textron Canada Limited Model
429 helicopters, certificated in any category, with a serial number
57001 through 57343 inclusive, 57346 through 57349 inclusive, 57352
through 57356 inclusive, and 57362, with a curvic coupling part
number 429-012-120-101 installed.

(b) Unsafe Condition

    This AD defines the unsafe condition as an improperly installed
curvic coupling of the tail rotor (T/R) hub and blade assembly. This
condition could result in loosening of the T/R assembly, which could
cause vibration and loss of drive to the outboard T/R blades, and
subsequent degraded directional control.

(c) Effective Date

    This AD becomes effective March 31, 2020.

 (d) Compliance

    You are responsible for performing each action required by this
AD within the specified compliance time unless it has already been
accomplished prior to that time.

(e) Required Actions

    (1) Within 10 hours time-in-service, using a light source, flap
the inboard and outboard T/R blades to inspect for proper engagement
of the inboard and outboard curvic coupling teeth with the inboard
and outboard flapping bearing teeth as shown in Figure 2 of Bell
Alert Service Bulletin 429-19-45, dated April 16, 2019 (ASB 429-19-
45).
    (i) If the teeth are not properly engaged, before further
flight, remove the T/R hub and blade assembly and do the following:

    Note to paragraph (e)(1)(i) of this AD:  Figure 1 of ASB 429-19-
45 shows an example of improperly engaged teeth.

    (A) Inspect the inboard flapping bearing teeth and the curvic
coupling teeth that mate to them for a crack, wear, mechanical
damage, and corrosion. If there is a crack, wear, mechanical damage,
or corrosion on the teeth, before further flight, replace with an
airworthy part.
    (B) Inspect the outboard flapping bearing teeth and the curvic
coupling teeth that mate to them for a crack, wear, mechanical
damage, and corrosion. If there is a crack, or wear, mechanical
damage, or corrosion on the teeth, before further flight, replace
with an airworthy part.
    (C) With the T/R hub and blade assembly installed, perform a
rigging check of the directional control system.
    (ii) If the teeth are properly engaged, before further flight,
inspect for axial play between both the inboard and outboard T/R hub
and blade assemblies.
    (A) If there is axial play, remove the T/R hub and blade
assembly, and perform the actions required by paragraph (e)(1)(i)(A)
through (C) of this AD.
    (B) If there is no axial play, inspect for play between the
teeth of the curvic coupling and both the inboard and outboard
flapping bearing teeth by applying a lead/lag force to the inboard
and outboard T/R hub and blade assemblies. If there is play, remove
the T/R hub and blade assembly, and perform the actions required by
paragraph (e)(1)(i)(A) through (C) of this AD.
    (2) Within 10 days after an inspection that resulted in
replacing any part as required by paragraph (e)(1) of this AD, email
a description of the inspection results that includes a description
of each replaced part to<EMAIL_ADDRESS>Include the
following information in the email subject line: ``ASB 429-19-45,''
the helicopter's serial number, and the operator's name.

(f) Paperwork Reduction Act Burden Statement

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

(g) Alternative Methods of Compliance (AMOCs)

    (1) The Manager, Safety Management Section, Rotorcraft Standards
Branch, FAA, may approve AMOCs for this AD. Send your proposal to:
Kristi Bradley, Aerospace Engineer, Safety Management Section,
Rotorcraft Standards Branch, FAA, 10101 Hillwood Pkwy., Fort Worth,
TX 76177; telephone<PHONE_NUMBER>; email<EMAIL_ADDRESS>    (2) For operations conducted under a 14 CFR part 119 operating
certificate or sunder 14 CFR part 91, subpart K, the FAA suggests
that you notify your principal inspector, or lacking a principal
inspector, the manager of the local flight standards district office
or certificate holding district office, before operating any
aircraft complying with this AD through an AMOC.

(h) Additional Information

    The subject of this AD is addressed in the Transport Canada
Emergency AD No. CF-2019-15, dated April 26, 2019. You may view the
Transport Canada Emergency AD on the internet at https://www.regulations.gov by searching for and locating it in Docket No.
FAA-2020-0221.

(i) Subject

    Joint Aircraft Service Component (JASC) Code: 6400, Tail Rotor
System.

(j) 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) Bell Alert Service Bulletin 429-19-45, dated April 16, 2019.
    (ii) [Reserved]
    (3) For Bell service information identified in this AD, contact
Bell Helicopter Textron Canada Limited, 12,800 Rue de l'Avenir,
Mirabel, Quebec J7J1R4; telephone<PHONE_NUMBER> or<PHONE_NUMBER>; fax
450-433-0272; or at https://www.bellcustomer.com.
    (4) You may view this service information at FAA, Office of the
Regional Counsel, Southwest Region, 10101 Hillwood Pkwy, Room 6N-
321, Fort Worth, TX 76177. 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_ADDRESS>or go to: https://www.archives.gov/federal-register/cfr/ibr-locations.html.

    Issued on March 6, 2020.
Lance T. Gant,
Director, Compliance & Airworthiness Division, Aircraft Certification
Service.
[FR Doc. 2020-05244 Filed 3-13-20; 8:45 am]
 BILLING CODE 4910-13-P