[Federal Register: January 23, 2007 (Volume 72, Number 14)]
[Proposed Rules]
[Page 2823-2825]
[DOCID:fr23ja07-13]

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ENVIRONMENTAL PROTECTION AGENCY

40 CFR Part 52

[EPA-R05-OAR-2005-OH-0005; FRL-8272-9]

Approval and Promulgation of Implementation Plans; Ohio
Particulate Matter

AGENCY: Environmental Protection Agency (EPA).

ACTION: Proposed rule.

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SUMMARY: EPA is re-proposing approval of Ohio rules concerning
equivalent visible emission limits (EVELs). Ohio's rules provide
criteria for establishment of EVELs, and the rules provide that EVELs
established according to these criteria take effect without formal
review by EPA. EPA proposed to approve these rules on December 2, 2002,
at 67 FR 71515. However, that proposal did not clearly solicit comment
on the timing by which actions on EVELs by the State take effect. EPA
is proposing that previous State modifications to EVELs would become
effective at the federal level immediately upon the effective date of
any final EPA action approving these Ohio rules. Similarly, any future
action by the State to establish, modify, or rescind EVELs in
accordance with the criteria given in these Ohio rules would become
effective at the federal level immediately upon the effective date of
the State action.

DATES: Written comments on this proposed rule must arrive on or before
February 22, 2007.

ADDRESSES: Submit your comments, identified by Docket ID No. EPA-R05-
OAR-2005-OH-0005, by one of the following methods:
     http://www.regulations.gov: Follow the on-line instructions for

submitting comments.
     E-mail<EMAIL_ADDRESS>     Fax:<PHONE_NUMBER>.
     Mail: John M. Mooney, Chief, Criteria Pollutant Section,
Air Programs Branch, (AR-18J), U.S. Environmental Protection Agency, 77
West Jackson Boulevard, Chicago, Illinois 60604.
     Hand Delivery: John M. Mooney, Chief, Criteria Pollutant
Section, Air Programs Branch, (AR-18J), U.S. Environmental Protection
Agency, 77 West Jackson Boulevard, Chicago, Illinois 60604. Such
deliveries are only accepted during the Regional Office normal hours of
operation, and special arrangements should be made for deliveries of
boxed information. The Regional Office official hours of business are
Monday through Friday, 8:30 a.m. to 4:30 p.m. excluding Federal
holidays.
    Instructions: Direct your comments to Docket ID No. EPA-R05-OAR-
2005-OH-0005. EPA's policy is that all comments received will be
included in the public docket without change and may be made available
online at http://www.regulations.gov, including any personal information

provided, unless the comment includes information claimed to be
Confidential Business Information (CBI) or other information whose
disclosure is restricted by statute. Do not submit information that you
consider to be CBI or otherwise protected through http://www.regulations.gov

or e-mail. The http://www.regulations.gov Web site is an ``anonymous access''

system, which means EPA will not know your identity or contact
information unless you provide it in the body of your comment. If you
send an e-mail comment directly to EPA without going through
http://www.regulations.gov your e-mail address will be automatically captured

and included as part of the comment that is placed in the public docket
and made available on the Internet. If you submit an electronic
comment, EPA recommends that you include your name and other contact
information in the body of your comment and with any disk or CD-ROM you
submit. If EPA cannot read your comment due to technical difficulties
and cannot contact you for clarification, EPA may not be able to
consider your comment. Electronic files should avoid the use of special
characters, any form of encryption, and be free of any defects or
viruses. For additional instructions on submitting comments, go to
Section I of the SUPPLEMENTARY INFORMATION section of this document.
    Docket: All documents in the docket are listed in the
http://www.regulations.gov index. Although listed in the index, some

information is not publicly available, e.g., CBI or other information
whose disclosure is restricted by statute. Certain other material, such
as copyrighted material, will be publicly available only in hard copy.
Publicly available docket materials are available either electronically
in http://www.regulations.gov or in hard copy at the Environmental Protection

Agency, Region 5, Air and Radiation Division, 77 West Jackson
Boulevard, Chicago, Illinois 60604. This Facility is open from 8:30
a.m. to 4:30 p.m., Monday through Friday, excluding legal holidays. We
recommend that you telephone John Summerhays, Environmental Scientist,
at<PHONE_NUMBER> before visiting the Region 5 office.

FOR FURTHER INFORMATION CONTACT: John Summerhays, Environmental
Scientist, Criteria Pollutant Section, Air Programs Branch (AR-18J),
Environmental Protection Agency, Region 5, 77 West Jackson Boulevard,
Chicago, Illinois 60604,<PHONE_NUMBER><EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION: This supplementary information section is
arranged as follows:

I. What action is EPA taking today?
II. What Should I Consider as I Prepare My Comments for EPA?
III. Statutory and Executive Order Reviews

I. What action is EPA taking today?

    EPA is re-proposing to approve Ohio rules providing for State
issuance of equivalent visible emission limits (EVELs), rules which
were a part of a set of particulate matter regulations that Ohio
submitted on July 18, 2000. EPA originally proposed to approve these
rules on December 2, 2002, at 67 FR 71515. However, that proposal did
not clearly explain EPA's views regarding the consequences of approval
on historic EVELs that were previously approved into the State
Implementation Plan (SIP). EPA today is explaining its views and
soliciting comment on this issue.
    The rules that EPA proposes to approve provide that EVELs issued by
the State in accordance with the specified criteria take effect without
formal review by EPA. Consequently, when the State issues an EVEL for a
unit at a source, this EVEL will supersede any EVEL that may previously
have been issued for that unit, regardless of whether or not the prior
EVEL was part of the SIP. Similar consequences apply when the State
terminates an EVEL for a unit at a source, presumably by issuing a
permit or other enforceable document that re-establishes the standard
opacity limits of OAC 3745-17-07 (A)(1) as the applicable opacity
limits; that action will terminate the EVEL for that unit, again
regardless of whether the prior EVEL was part of the SIP. EPA's
understanding is that the State will periodically review whether
previously issued EVELs are still warranted, as part of its management
of the EVELs that apply in the State.
    EPA is proposing that, as of the effective date of EPA finalizing
this proposal, no EVEL shall apply unless Ohio has issued a currently
effective EVEL in accordance with its Rule 3745-17-07(C), and the
federally enforceable level of any such EVEL shall reflect the
currently effective EVEL that the State has thus issued. Therefore, EPA
is proposing to delete provisions of the Ohio SIP that contain EVELs,
in particular paragraphs (c)(62) and (c)(65) of 40 CFR 52.1870.
    EPA recognizes that the Ohio SIP contains other EVELs, implicitly
included in SIP-approved permits or administrative orders that also
contain other limits. For administrative convenience, EPA proposes not
to modify the text of the SIP codification given in 40 CFR 52.1870 to
discontinue these EVELs explicitly. Nevertheless, EPA proposes that
when this proposed rulemaking becomes final and effective, these EVELs
will automatically be discontinued and replaced by the opacity limits
that Ohio has adopted more recently in accordance with the criteria
given in Rule 3745-17-07(C). (The more recent permits or administrative
orders may or may not have limits matching the prior SIP limits.)
Similarly, EPA proposes that any future State action to establish,
modify, or rescind opacity limits in accordance with the criteria in
Rule 3745-17-07(C) shall immediately alter the federal opacity limit
accordingly.

II. What Should I Consider as I Prepare My Comments for EPA?

    When submitting comments, remember to:
    1. Identify the rulemaking by docket number and other identifying
information (subject heading, Federal Register date and page number).
    2. Follow directions--The EPA may ask you to respond to specific
questions or organize comments by referencing a

Code of Federal Regulations (CFR) part or section number.
    3. Explain why you agree or disagree; suggest alternatives and
substitute language for your requested changes.
    4. Describe any assumptions and provide any technical information
and/or data that you used.
    5. If you estimate potential costs or burdens, explain how you
arrived at your estimate in sufficient detail to allow for it to be
reproduced.
    6. Provide specific examples to illustrate your concerns, and
suggest alternatives.
    7. Explain your views as clearly as possible, avoiding the use of
profanity or personal threats.
    8. Make sure to submit your comments by the comment period deadline
identified.

III. Statutory and Executive Order Reviews

Executive Order 12866; Regulatory Planning and Review

    Under Executive Order 12866 (58 FR 51735, September 30, 1993), this
action is not a ``significant regulatory action'' and, therefore, is
not subject to review by the Office of Management and Budget.

Paperwork Reduction Act

    This proposed rule does not impose an information collection burden
under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C.
3501 et seq.).

Regulatory Flexibility Act

    This proposed action merely proposes to approve state law as
meeting Federal requirements and imposes no additional requirements
beyond those imposed by state law. Accordingly, the Administrator
certifies that this proposed rule will not have a significant economic
impact on a substantial number of small entities under the Regulatory
Flexibility Act (5 U.S.C. 601 et seq.).

Unfunded Mandates Reform Act

    Because this rule proposes to approve pre-existing requirements
under state law and does not impose any additional enforceable duty
beyond that required by state law, it does not contain any unfunded
mandate or significantly or uniquely affect small governments, as
described in the Unfunded Mandates Reform Act of 1995 (Pub. L. 104-4).

Executive Order 13132 Federalism

    This action also does not have Federalism implications because it
does not have substantial direct effects 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, as specified in Executive Order 13132 (64 FR 43255, August
10, 1999). This action merely proposes to approve a state rule
implementing a Federal standard, and does not alter the relationship or
the distribution of power and responsibilities established in the Clean
Air Act.

Executive Order 13175 Consultation and Coordination With Indian Tribal
Governments

    This proposed rule also does not have tribal implications because
it will not have a substantial direct effect on one or more Indian
tribes, on the relationship between the Federal Government and Indian
tribes, or on the distribution of power and responsibilities between
the Federal Government and Indian tribes, as specified by Executive
Order 13175 (65 FR 67249, November 9, 2000).

Executive Order 13045 Protection of Children From Environmental Health
and Safety Risks

    This proposed rule also is not subject to Executive Order 13045
``Protection of Children from Environmental Health Risks and Safety
Risks'' (62 FR 19885, April 23, 1997), because it is not economically
significant.

Executive Order 13211 Actions That Significantly Affect Energy Supply,
Distribution, or Use

    Because it is not a ``significant regulatory action'' under
Executive Order 12866 or a ``significant regulatory action,'' this
action is also not subject to Executive Order 13211, ``Actions
Concerning Regulations That Significantly Affect Energy Supply,
Distribution, or Use'' (66 FR 28355, May 22, 2001).

National Technology Transfer Advancement Act

    Section 12(d) of the National Technology Transfer and Advancement
Act of 1995 (NTTAA), 15 U.S.C. 272, requires Federal agencies to use
technical standards that are developed or adopted by voluntary
consensus to carry out policy objectives, so long as such standards are
not inconsistent with applicable law or otherwise impractical. In
reviewing SIP submissions, EPA's role is to approve state choices,
provided that they meet the criteria of the Clean Air Act. Absent a
prior existing requirement for the state to use voluntary consensus
standards, EPA has no authority to disapprove a SIP submission for
failure to use such standards, and it would thus be inconsistent with
applicable law for EPA to use voluntary consensus standards in place of
a program submission that otherwise satisfies the provisions of the
Clean Air Act. Therefore, the requirements of section 12(d) of the NTTA
do not apply.

List of Subjects in 40 CFR Part 52

    Environmental protection, Air pollution control, Intergovernmental
relations, Particulate matter.

    Dated: January 11, 2007.
Mary A. Gade,
Regional Administrator
 [FR Doc. E7-923 Filed 1-22-07; 8:45 am]

BILLING CODE 6560-50-P


[Federal Register Volume 87, Number 129 (Thursday, July 7, 2022)]
[Notices]
[Page 40518]
[FR Doc No: 2022-14458]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Combined Notice of Filings

    Take notice that the Commission has received the following Natural
Gas Pipeline Rate and Refund Report filings:

Filings Instituting Proceedings

    Docket Numbers: PR22-53-000.
    Applicants: Black Hills Wyoming Gas, LLC.
    Description: Sec.  284.123(g) Rate Filing: Black Hills Wyoming Gas,
LLC Revised Statement of Rates Filing to be effective 6/1/2022.
    Filed Date: 6/29/22.
    Accession Number: 20220629-5047.
    Comment Date: 5 p.m. ET 7/20/22.
    284.123(g) Protests Due: 5 p.m. ET 8/29/22.

    Docket Numbers: RP22-996-000.
    Applicants: Big Sandy Pipeline, LLC.
    Description: Sec.  4(d) Rate Filing: Big Sandy EPC 2022 to be
effective 8/1/2022.
    Filed Date: 6/29/22.
    Accession Number: 20220629-5036.
    Comment Date: 5 p.m. ET 7/11/22.

    Docket Numbers: RP22-997-000.
    Applicants: Colorado Interstate Gas Company, L.L.C.
    Description: Sec.  4(d) Rate Filing: Negotiated Rate Agreement
Filing (Northwestern Corporation) to be effective 7/1/2022.
    Filed Date: 6/29/22.
    Accession Number: 20220629-5055.
    Comment Date: 5 p.m. ET 7/11/22.

    Docket Numbers: RP22-998-000.
    Applicants: Columbia Gulf Transmission, LLC.
    Description: Sec.  4(d) Rate Filing: LAXP--Sabine Pass Neg. Rate--
Chicot Incremental to be effective 7/1/2022.
    Filed Date: 6/29/22.
    Accession Number: 20220629-5086.
    Comment Date: 5 p.m. ET 7/11/22.

    Docket Numbers: RP22-999-000.
    Applicants: El Paso Natural Gas Company, L.L.C.
    Description: Sec.  4(d) Rate Filing: Negotiated Rate Agreement
Update (SRP July-Sept 2022) to be effective 7/1/2022.
    Filed Date: 6/29/22.
    Accession Number: 20220629-5115.
    Comment Date: 5 p.m. ET 7/11/22.

    Any person desiring to intervene or protest in any of the above
proceedings must file in accordance with Rules 211 and 214 of the
Commission's Regulations (18 CFR 385.211 and 385.214) on or before 5:00
p.m. Eastern time on the specified comment date. Protests may be
considered, but intervention is necessary to become a party to the
proceeding.
    The filings are accessible in the Commission's eLibrary system
(https://elibrary.ferc.gov/idmws/search/fercgensearch.asp) by querying
the docket number.
    eFiling is encouraged. More detailed information relating to filing
requirements, interventions, protests, service, and qualifying
facilities filings can be found at: http://www.ferc.gov/docs-filing/efiling/filing-req.pdf. For other information, call<PHONE_NUMBER>
(toll free). For TTY, call<PHONE_NUMBER>.

    Dated: June 30, 2022.
Debbie-Anne A. Reese,
Deputy Secretary.
[FR Doc. 2022-14458 Filed 7-6-22; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 76, Number 116 (Thursday, June 16, 2011)]
[Notices]
[Page 35208]
[FR Doc No: 2011-14962]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. CP10-480-000]

Central New York Oil and Gas Company, LLC; Notice Extending
Comment Period

    On May 27, 2011, the Federal Energy Regulatory Commission (FERC or
Commission) issued its environmental assessment (EA) for Central New
York Oil and Gas Company, LLC's MARC I Hub Line Project proposed in the
above-referenced docket. The EA was placed in the public record and was
available via the FERC's eLibrary on that date. However, the Commission
experienced technical problems reproducing the copies of the EA that
were to be mailed to interested stakeholders. As a result, the compact
disk copies of the EA were not mailed until June 7, 2011. Therefore,
the deadline for filing comments on the EA has been extended for two
weeks, and will end on July 11, 2011.

    Dated: June 10, 2011.
Kimberly D. Bose,
Secretary.
[FR Doc. 2011-14962 Filed 6-15-11; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 84, Number 182 (Thursday, September 19, 2019)]
[Notices]
[Page 49289]
[FR Doc No: 2019-20267]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ID-8173-001]

Notice of Filing: Rogier, Daniel J.

    Take notice that on September 11, 2019, Daniel J. Rogier, filed an,
application for authorization to hold interlocking positions, pursuant
to section 305(b) of the Federal Power Act, 16 U.S.C. 825d(b) (2018)
and section 45.8 of the Federal Energy Regulatory Commission's
(Commission) Rules of Practice and Procedure, 18 CFR part 45.8 (2019).
    Any person desiring to intervene or to protest this filing must
file in accordance with Rules 211 and 214 of the Commission's Rules of
Practice and Procedure (18 CFR 385.211, 385.214). Protests will be
considered by the Commission in determining the appropriate action to
be taken, but will not serve to make protestants parties to the
proceeding. Any person wishing to become a party must file a notice of
intervention or motion to intervene, as appropriate. Such notices,
motions, or protests must be filed on or before the comment date. On or
before the comment date, it is not necessary to serve motions to
intervene or protests on persons other than the Applicant.
    The Commission encourages electronic submission of protests and
interventions in lieu of paper using the eFiling link at http://www.ferc.gov. Persons unable to file electronically should submit an
original and 5 copies of the protest or intervention to the Federal
Energy Regulatory Commission, 888 First Street NE, Washington, DC
20426.
    This filing is accessible on-line at http://www.ferc.gov, using the
eLibrary link and is available for electronic review in the
Commission's Public Reference Room in Washington, DC. There is an
eSubscription link on the website that enables subscribers to receive
email notification when a document is added to a subscribed docket(s).
For assistance with any FERC Online service, please email
<EMAIL_ADDRESS>or call<PHONE_NUMBER> (toll free). For
TTY, call<PHONE_NUMBER>.
    Comment Date: 5:00 p.m. Eastern Time on October 2, 2019.

    Dated: September 12, 2019.
Kimberly D. Bose,
Secretary.
[FR Doc. 2019-20267 Filed 9-18-19; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register: June 4, 2009 (Volume 74, Number 106)]
[Rules and Regulations]
[Page 26778-26779]
[DOCID:fr04jn09-4]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 34

[Docket No.: FAA-2009-0112; Amendment No. 34-4]
RIN 2120-AJ41

Emission Standards for Turbine Engine Powered Airplanes;
Correction

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Final rule; correction.

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SUMMARY: The Federal Aviation Administration (FAA) is amending an error
in its emission standards for turbine engine powered airplanes. The
paragraph that describes the sampling and analytical procedures for
measuring smoke exhaust emissions contains an erroneous cross reference
which was included in the final rule. This document corrects that error
so that the reader is able to locate the correct information.

DATES: This correction is effective June 29, 2009.

FOR FURTHER INFORMATION CONTACT: For technical questions concerning
this final rule, contact Aimee Fisher, Emissions Division (AEE-300),
Office of Environment and Energy, Federal Aviation Administration, 800
Independence Avenue, SW., Washington, DC 20591; telephone (202) 267-
7705; e-mail<EMAIL_ADDRESS>For legal questions concerning this
rule, contact Karen Petronis (AGC-200), Office of the Chief Counsel,
Regulations Division, Federal Aviation Administration, 800 Independence
Avenue, SW., Washington, DC 20591; telephone<PHONE_NUMBER>; e-mail:
<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION:

Background

    The FAA published a final rule entitled ``Emission Standards for
Turbine Engine Powered Airplanes'' in the Federal Register on Tuesday,
April 28, 2009 (74 FR 19128). The final rule amended emissions
standards for

turbine engine powered airplanes to incorporate the standards adopted
by the United States Environmental Protection Agency (EPA). This rule
also amended certain test procedures for gaseous exhaust emissions,
which are based on the standards of the International Civil Aviation
Organization (ICAO) for gaseous emissions of oxides of nitrogen
(NOX). This final rule, as published, contained an erroneous
cross reference to an ICAO Annex in Sec.  34.82. The correct reference
is ICAO Annex 16.

Correction

0
In FR Doc. E9-9433 appearing on page 19125 of the Federal Register of
Tuesday, April 28, 2009, make the following corrections:

Sec.  34.82  [Amended]

0
1. On page 19128, second column, in the first sentence of Sec.  34.82,
remove the phrase ``Appendix 2 to ICAO Annex 2 to ICAO Annex 16'' and
add the phrase ``Appendix 2 to ICAO Annex 16'' in its place.

    Issued in Washington, DC, on May 29, 2009.
Pamela Hamilton-Powell,
Director, Office of Rulemaking.
[FR Doc. E9-12977 Filed 6-3-09; 8:45 am]

BILLING CODE 4910-13-P


[Federal Register Volume 87, Number 133 (Wednesday, July 13, 2022)]
[Notices]
[Pages 41774-41776]
[FR Doc No: 2022-14882]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-95216; File No. SR-NASDAQ-2022-038]

Self-Regulatory Organizations; The Nasdaq Stock Market LLC;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change To
Extend the Implementation Date of Its Post-Trade Risk Management
Product to Q4 2022

July 7, 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 June 30, 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.
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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 extend the implementation date of its
Post-Trade Risk Management product to Q4 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 Q4 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\
Nasdaq subsequently proposed to delay the implementation date from Q1
2022 to

Q2 2022.\6\ Due to continued re-prioritization, Nasdaq is further
delaying the implementation of Post-Trade Risk Management until Q4
2022.\7\ 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) (SR-NASDAQ-2021-073).
    \6\ See Securities Exchange Act Release No. 94704 (April 12,
2022), 87 FR 22958 (April 18, 2022) (SR-NASDAQ-2022-029).
    \7\ 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 Q4 2022.
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2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section
6(b) of the Act,\8\ in general, and furthers the objectives of Section
6(b)(5) of the Act,\9\ 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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    \8\ 15 U.S.C. 78f(b).
    \9\ 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 \10\ and Rule 19b-
4(f)(6) thereunder.\11\
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    \10\ 15 U.S.C. 78s(b)(3)(A).
    \11\ 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
\12\ normally does not become operative prior to 30 days after the date
of the filing. However, Rule 19b-4(f)(6)(iii) \13\ 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 Q4
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.\14\
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    \12\ 17 CFR 240.19b-4(f)(6).
    \13\ 17 CFR 240.19b-4(f)(6)(iii).
    \14\ 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 (http://www.sec.gov/rules/sro.shtml); or
     Send an email to [email protected]. Please include
File Number SR-NASDAQ-2022-038 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-2022-038. This
file number should be included on the subject line if email is used. To
help the Commission process and review your comments more efficiently,
please use only one method. The Commission will post all comments on
the Commission's internet website (http://www.sec.gov/rules/sro.shtml).
Copies of the submission, all subsequent amendments, all written
statements with respect to the proposed rule change that are filed with
the Commission, and all written communications relating to the proposed
rule change between the Commission and any person, other than those
that may be withheld from the public in accordance with the provisions
of 5 U.S.C. 552, will be available for website viewing and printing in
the Commission's Public Reference Room, 100 F Street NE, Washington, DC
20549, on official business days between the hours of 10:00 a.m. and
3:00 p.m. Copies of the filing also will be available for inspection
and copying at the principal office of the Exchange. All comments
received will be posted without change. Persons submitting comments are
cautioned that we do not redact or edit personal identifying
information from comment submissions. You should submit only
information that you wish to make available publicly. All

submissions should refer to File Number SR-NASDAQ-2022-038 and should
be submitted on or before August 3, 2022.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\15\
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    \15\ 17 CFR 200.30-3(a)(12).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-14882 Filed 7-12-22; 8:45 am]
BILLING CODE 8011-01-P