[Federal Register Volume 84, Number 58 (Tuesday, March 26, 2019)]
[Notices]
[Page 11395]
[FR Doc No: 2019-05678]

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DEPARTMENT OF TRANSPORTATION

Pipeline and Hazardous Materials Safety Administration

[Docket No. PHMSA-2019-0015]

Pipeline Safety: Request for Special Permit; Gulf South Pipeline
Company, LP

AGENCY: Pipeline and Hazardous Materials Safety Administration (PHMSA);
DOT.

ACTION: Notice.

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SUMMARY: PHMSA is publishing this notice to seek public comments on a
request for a special permit, seeking relief from compliance with
certain requirements in the Federal pipeline safety regulations. At the
conclusion of the 30-day comment period, PHMSA will review the comments
received from this notice as part of its evaluation to grant or deny
the special permit request.

DATES: Submit any comments regarding this special permit request by
April 25, 2019.

ADDRESSES: Comments should reference the docket number for the specific
special permit request and may be submitted in the following ways:
     E-Gov Website: http://www.Regulations.gov. This site
allows the public to enter comments on any Federal Register notice
issued by any agency.
     Fax: 1-202-493-2251.
     Mail: Docket Management System: U.S. Department of
Transportation, Docket Operations, M-30, West Building Ground Floor,
Room W12-140, 1200 New Jersey Avenue SE, Washington, DC 20590.
     Hand Delivery: Docket Management System: U.S. Department
of Transportation, Docket Operations, M-30, West Building Ground Floor,
Room W12-140, 1200 New Jersey Avenue SE, Washington, DC 20590, between
9:00 a.m. and 5:00 p.m., Monday through Friday, except Federal
holidays.
    Instructions: You should identify the docket number for the special
permit request you are commenting on at the beginning of your comments.
If you submit your comments by mail, please submit two copies. To
receive confirmation that PHMSA has received your comments, please
include a self-addressed stamped postcard. Internet users may submit
comments at http://www.Regulations.gov.
    Note: Privacy Act Statement: There is a privacy statement published
at http://www.Regulations.gov. Comments, including any personal
information provided, are posted without changes or edits to http://www.Regulations.gov.

FOR FURTHER INFORMATION CONTACT:
    General: Ms. Kay McIver by telephone at<PHONE_NUMBER>, or email at
<EMAIL_ADDRESS>    Technical: Mr. Steve Nanney by telephone at<PHONE_NUMBER>, or email
at<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION: PHMSA received a special permit request from
Gulf South Pipeline Company, LP, (GSPC) to deviate from the federal
pipeline safety regulations in 49 CFR 192.611, for one segment of 30-
inch diameter, Index 330 Pipeline, located in St. Mary Parish,
Louisiana, where the class location has changed from a Class 1 location
to a Class 3 location. The application requests a new permit to operate
the existing Class 1 pipe in the new Class 3 location for the segment
from survey station 527+87 to 567+51 (3964 feet).
    The proposed special permit inspection area extends from survey
station 0+03, the start of the Index 330 Pipeline at Bayou Sale
Junction, to survey station 1212+28 at the Weeks Island Junction. The
Inspection Area is 22.96 miles long (121,558 feet) and extends from St.
Mary Parish to Iberia Parish in Louisiana.
    In lieu of pipe replacement, GSPC seeks permission to perform
alternative risk control activities based on integrity management
program principles and requirements.
    The special permit request provided by the operator includes a
draft environmental assessment (EA), proposed special permit
conditions, and location map. These documents are filed at http://www.Regulations.gov, in Docket No. PHMSA-2019-0015. We invite
interested persons to participate by reviewing the proposed special
permit documents and draft EA at http://www.Regulations.gov, and by
submitting written comments, data or other views. Please include any
comments on potential safety and environmental impacts that may result
if the special permit is granted.
    Before issuing a decision on the special permit request, PHMSA will
evaluate all comments received on or before the comment closing date.
Comments received after the comment closing date will be evaluated if
it is possible to do so without incurring additional expense or delay.
PHMSA will consider each relevant comment we receive in making our
decision to grant or deny a request.

    Issued in Washington, DC, on March 20, 2019, under authority
delegated in 49 CFR 1.97.
Linda Daugherty,
Deputy Associate Administrator for Field Operations.
[FR Doc. 2019-05678 Filed 3-25-19; 8:45 am]
 BILLING CODE 4910-60-P


Appendix 2: Life History Parameter Values Used to Evaluate I& E in the Northern California Region The tables in this appendix present the life history parameter values used by EPA to calculate age 1 equivalents, fishery yields, and production foregone from I& E data for the Northern Californian Region facilities. Life history data were compiled from a variety of sources, with a focus on obtaining data on local stocks whenever possible.

Table 2 1: Anchovies species parameters for Diablo Canyon, Moss Landing, Morro Bay, and Humboldt Bay Power Plants. a, b Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) h Eggs 0.669c 0e 0f 0.00000138i Larvae 7.99c 0e 0f 0.00110j Juvenile 2.12c 0e 0f 0.0220g Age 1+ 0.7d 0.03d 0.5f 0.0408k Age 2+ 0.7d 0.03d 1g 0.0529k Age 3+ 0.7d 0.03d 1g 0.0609k Age 4+ 0.7d 0.03d 1g 0.0684k Age 5+ 0.7d 0.03d 1g 0.0763k Age 6+ 0.7d 0.03d 1g 0.0789k a Life history was based on northern anchovy unless otherwise noted. b Anchovy life history values used for the Potrero and Hunter's Point Power Plants are presented separately. c Calculated from survival ( Tenera Environmental Services, 2000) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). d Pacific Fishery Management Council, 1998. e Assumed based on Pacific Fishery Management Council, 1998. f Assumed based on Virginia Tech, 1998. g Virginia Tech, 1998. h Weight calculated from length for non egg values using the formula: ( 1.31 × 10 5) × Length ( mm) 2.95 ( Froese and Pauly, 2002). i Calculated from egg diameter of 1.06 ( Wang, 1986) using the equation V=

diameter( cm) 3/ 6. j Tenera Environmental Services, 2001. k Ecological Analysts Inc., 1981.

Table 2 2: Anchovies species parameters for Potrero Power Plant. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) e Eggs 0.963b 0d 0d 0.00000138f Larvae. 3mm 0.143b 0d 0d 0.000000740g Larvae. 4mm 0.143b 0d 0d 0.00000173g Larvae. 5mm 0.143b 0d 0d 0.00000334g Larvae. 6mm 0.143b 0d 0d 0.00000572g Larvae. 7mm 0.143b 0d 0d 0.00000901g Larvae. 8mm 0.143b 0d 0d 0.0000134g Larvae. 9mm 0.143b 0d 0d 0.0000189g Larvae. 10mm 0.143b 0d 0d 0.0000258g Larvae. 11mm 0.143b 0d 0d 0.0000342g Larvae. 12mm 0.143b 0d 0d 0.0000442g Table 2 2: Anchovies species parameters for Potrero Power Plant ( cont.). a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) e Larvae. 13mm 0.143b 0d 0d 0.0000559g Larvae. 14mm 0.143b 0d 0d 0.0000696g Larvae. 15mm 0.143b 0d 0d 0.0000853g Larvae. 16mm 0.143b 0d 0d 0.000103g Larvae. 17mm 0.143b 0d 0d 0.000123g Larvae. 18mm 0.143b 0d 0d 0.000146g Larvae. 19mm 0.143b 0d 0d 0.000171g Larvae. 20mm 0.143b 0d 0d 0.000199g Larvae. 21mm 0.143b 0d 0d 0.000230g Larvae. 22mm 0.143b 0d 0d 0.000264g Larvae. 23mm 0.143b 0d 0d 0.000301g Larvae. 24mm 0.143b 0d 0d 0.000341g Larvae. 25mm 0.143b 0d 0d 0.000385g Larvae. 26mm 0.143b 0d 0d 0.000432g Larvae. 27mm 0.143b 0d 0d 0.000483g Larvae. 28mm 0.143b 0d 0d 0.000538g Larvae. 29mm 0.143b 0d 0d 0.000597g Larvae. 30mm 0.143b 0d 0d 0.000659g Larvae. 31mm 0.143b 0d 0d 0.000726g Larvae. 32mm 0.143b 0d 0d 0.000798g Larvae. 33mm 0.143b 0d 0d 0.000873g Larvae. 34mm 0.143b 0d 0d 0.000954g Larvae. 35mm 0.143b 0d 0d 0.00104g Larvae. 36mm 0.143b 0d 0d 0.00113g Larvae. 37mm 0.143b 0d 0d 0.00122g Larvae. 38mm 0.143b 0d 0d 0.00132g Larvae. 39mm 0.143b 0d 0d 0.00143g Larvae. 40mm 0.143b 0d 0d 0.00154g Larvae. 41mm 1.041b 0d 0d 0.00166g Larvae. 59mm 1.090b 0d 0d 0.00485g Age 1+ 0.7c 0.03c 0.5d 0.0408g Age 2+ 0.7c 0.03c 1d 0.0529g Age 3+ 0.7c 0.03c 1d 0.0609g Age 4+ 0.7c 0.03c 1d 0.0684g Age 5+ 0.7c 0.03c 1d 0.0763g Age 6+ 0.7c 0.03c 1d 0.0789g a Life history was based on northern anchovy unless otherwise noted. b Calculated from survival ( Ecological Analysts Inc., 1980) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). c Pacific Fishery Management Council, 1998. d Assumed based on Pacific Fishery Management Council, 1998. e Weight calculated from length for non egg values using the formula: ( 1.31 × 10 5) × Length ( mm) 2.95 ( Froese and Pauly, 2002). f Calculated from egg diameter of 1.06 ( Wang, 1986) using the equation V=

diameter( cm) 3/ 6. g Ecological Analysts Inc., 1981. Table 2 3: Anchovies species parameters for Hunter's Point Power Plant. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) e Eggs 1.39b 0d 0d 0.00000138f Larvae. 6mm 0.143b 0d 0d 0.00000572g Larvae. 7mm 0.286b 0d 0d 0.00000901g Larvae. 9mm 0.143b 0d 0d 0.0000189g Larvae. 10mm 0.143b 0d 0d 0.0000258g Larvae. 11mm 0.143b 0d 0d 0.0000342g Larvae. 12mm 0.143b 0d 0d 0.0000442g Larvae. 13mm 0.143b 0d 0d 0.0000559g Larvae. 14mm 0.143b 0d 0d 0.0000696g Larvae. 15mm 0.286b 0d 0d 0.0000853g Larvae. 17mm 0.286b 0d 0d 0.000123g Larvae. 19mm 0.143b 0d 0d 0.000171g Larvae. 20mm 0.143b 0d 0d 0.000199g Larvae. 21mm 0.286b 0d 0d 0.000230g Larvae. 23mm 0.43b 0d 0d 0.000301g Larvae. 26mm 0.286b 0d 0d 0.000432g Larvae. 28mm 0.143b 0d 0d 0.000538g Larvae. 29mm 0.143b 0d 0d 0.000597g Larvae. 30mm 0.143b 0d 0d 0.000659g Larvae. 31mm 0.143b 0d 0d 0.000726g Larvae. 32mm 0.859b 0d 0d 0.000798g Larvae. 38mm 1.47b 0d 0d 0.00132g Larvae. 57mm 0b 0d 0d 0.00438g Larvae. 62mm 0b 0d 0d 0.00561g Larvae. 64mm 0b 0d 0d 0.00616g Larvae. 65mm 0b 0d 0d 0.00645g Larvae. 66mm 0b 0d 0d 0.00675g Larvae. 67mm 0b 0d 0d 0.00706g Larvae. 70mm 0b 0d 0d 0.00803g Larvae. 75mm 0b 0d 0d 0.00984g Larvae. 81mm 0b 0d 0d 0.0123g Larvae. 82mm 1.09b 0d 0d 0.0128g Age 1+ 0.7c 0.03c 0.5d 0.0408h Age 2+ 0.7c 0.03c 1d 0.0529h Age 3+ 0.7c 0.03c 1d 0.0609h Age 4+ 0.7c 0.03c 1d 0.0684h Age 5+ 0.7c 0.03c 1d 0.0763h Age 6+ 0.7c 0.03c 1d 0.0789h a Life history was based on northern anchovy unless otherwise noted. b Calculated from survival ( Ecological Analysts Inc., 1982) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). c Pacific Fishery Management Council, 1998. d Assumed based on Pacific Fishery Management Council, 1998. e Weight calculated from length for non egg values using the formula: ( 1.31 × 10 5) × Length ( mm) 2.95 ( Froese and Pauly, 2002). f Calculated from egg diameter of 1.06 ( Wang, 1986) using the equation V=

diameter( cm) 3/ 6. g Ecological Analysts Inc., 1982. h Ecological Analysts Inc., 1981. Table 2 3: Bay Shrimp species parameters. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) f Egg 0.693b 0d 0d 0.000000249g Larvae 3.00c 0d 0d 0.000000736b Juvenile 2.3c 0d 0d 0.0000865b Age 1+ 1.15c 1.15e 1d 0.000131h Age 2+ 1.15c 1.15e 1d 0.00236h a Life history was based on black tailed bay shrimp unless otherwise noted. b Virginia Tech, 1998. c Assumed. d Assumed based on Leet et al. ( eds.), 2001. e Leet et al. ( eds.), 2001. f Weight calculated from length for non egg values using average alphas and betas for sand shrimp. Final formula: ( 4.99 × 10 7) × Length ( mm) 3.42 ( Siegfried, 1989). g Calculated from egg diameter of 0.6 ( Virginia Tech, 1998) using the equation V=

diameter( cm) 3/ 6. h Tenera Environmental Services, 2001. Based on size at maturity.

Table 2 4: Cabezon species parameters.

Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fisherye Weight ( lb) f Egg 0.288a 0c 0 0.000000430g Larvae 6a 0c 0 0.000605h Juvenile 6.6a 0c 0 0.00825i Age 1+ 0.144b 0c 0 0.169i Age 2+ 0.144b 0.114d 0.5 1.06j Age 3+ 0.144b 0.144d 1 3.26 i Age 4+ 0.144b 0.144d 1 4.72 i Age 5+ 0.144b 0.144d 1 5.30 i Age 6+ 0.144b 0.144d 1 6.13 i Age 7+ 0.144b 0.144d 1 6.78 i Age 8+ 0.144b 0.144d 1 7.37 i Age 9+ 0.144b 0.144d 1 8.76 i Age 10+ 0.144b 0.144d 1 9.23 i Age 11+ 0.144b 0.144d 1 10.5i Age 12+ 0.144b 0.144d 1 12.0j Age 13+ 0.144b 0.144d 1 13.7i a Estimated using values for rockfish and sculpin. b Estimated using life history tool from Froese and Pauly, 2002 and mean annual temperature from Leet et al. ( eds.), 2001. c Assumed based on personal communication with Y. DeReynier ( NMFS, November 19, 2002). d Personal communication with Y. DeReynier ( NMFS, November 19, 2002). e Leet et al. ( eds.), 2001. f Weight calculated from length for non egg values using the formula: ( 1.85 × 10 5) × Length ( mm) 2.98 ( O'Connell, 1953). g Calculated from egg diameter of 1.55 ( Cailliet, 2000) using the equation V=

diameter( cm) 3/ 6. h Cailliet, 2000. i O'Connell, 1953. j Assumed based on O'Connell, 1953. Table 2 5: California Halibut species parameters.

Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) f Egg 0.223a 0d 0d 0.000000548g Larvae 6.50a 0d 0d 0.00000444h Juvenile 1.52b 0d 0d 0.017h Age 1+ 0.18c 0d 0d 0.130i Age 2+ 0.18c 0d 0d 0.739i Age 3+ 0.18c 0d 0d 1.94i Age 4+ 0.18c 0d 0d 3.87i Age 5+ 0.18c 0d 0d 6.21i Age 6+ 0.18c 0.4e 1d 8.89j Age 7+ 0.18c 0.4e 1d 12.2i Age 8+ 0.18c 0.4e 1d 15.3j Age 9+ 0.18c 0.4e 1d 18.9i Age 10+ 0.18c 0.4e 1d 21.3j Age 11+ 0.18c 0.4e 1d 23.8j Age 12+ 0.18c 0.4e 1d 26.6i Age 13+ 0.18c 0.4e 1d 28.6j Age 14+ 0.18c 0.4e 1d 30.7j Age 15+ 0.18c 0.4e 1d 33.0j Age 16+ 0.18c 0.4e 1d 35.3j Age 17+ 0.18c 0.4e 1d 37.7j Age 18+ 0.18c 0.4e 1d 40.2j Age 19+ 0.18c 0.4e 1d 42.9j Age 20+ 0.18c 0.4e 1d 45.7j Age 21+ 0.18c 0.4e 1d 48.5j Age 22+ 0.18c 0.4e 1d 51.5j Age 23+ 0.18c 0.4e 1d 54.7j Age 24+ 0.18c 0.4e 1d 57.9j Age 25+ 0.18c 0.4e 1d 61.3j Age 26+ 0.18c 0.4e 1d 64.8j Age 27+ 0.18c 0.4e 1d 68.4j Age 28+ 0.18c 0.4e 1d 72.2j Age 29+ 0.18c 0.4e 1d 76.1j Age 30+ 0.18c 0.4e 1d 80.1h a Assumed based on values for flounders. b Calculated from survival ( Tenera Environmental Services, 2000) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). c Estimated using life history tool from Froese and Pauly, 2002 and mean annual temperature from Leet et al. ( eds.), 2001. d Assumed based on Cailliet, 2000. e Personal communication with Y. DeReynier ( NMFS, November 19, 2002). f Weight calculated from length for non egg values using the formula: ( 1.106 × 10 5) × Length ( mm) 2.98935 ( based on regression from data in Kucas and Hassler, 1986). g Calculated from egg diameter of 0.78 ( Cailliet, 2000) using the equation V=

diameter( cm) 3/ 6. h Cailliet, 2000. i Kucas and Hessler, 1986. j Based on data from Kucas and Hessler, 1986. Table 2 6: Chinook Salmon species parameters.

Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) d Fraction Vulnerable to Fisheryd Weight ( lbs)

Eggs 2.3a 0 0 0.00441e Larvae 5.96b 0 0 0.022f Age 1+ 0.16c 0 0 0.397g Age 2+ 0.16c 0 0 4.50g Age 3+ 0.16c 0 0 12.2g Age 4+ 0.16c 0 0 23.8g Age 5+ 0.16c 0 0 33.8g Age 6+ 0.16c 0 0 37.9f Age 7+ 0.16c 0 0 40.1f Age 8+ 0.16c 0 0 41.9f Age 9+ 0.16c 0 0 43.0f a Calculated from assumed survival using the equation: ( natural mortality) =  LN( survival)  ( fishing mortality). b Calculated from extrapolated survival using the equation: ( natural mortality) =  LN( survival)  ( fishing mortality). c Froese and Pauly, 2001. d Threatened and endangered species, thus no fishery. e Calculated from egg diameter of 6.5 ( Wang, 1986) using the equation V=

diameter( cm) 3/ 6. f Weight assumed based on Beauchamp et al., 1983. g Weight from Beauchamp et al., 1983.

Table 2 7: Delta smelt species parameters.

Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) d Fraction Vulnerable to Fisheryd Weight ( lbs) e Eggs 1.15a 0 0 0.00000115f Larvae 5.80b 0 0 0.0000012g Age 1+ 1.28c 0 0 0.00418h a Buckley, 1989. Rainbow smelt. b Calculated from extrapolated survival using the equation: ( natural mortality) =  LN( survival)  ( fishing mortality). c Froese and Pauly, 2001. d Threatened and endangered species, thus no fishery. e Weight calculated from length for non egg values using the formula for Capelin: ( 1.24x10 6)* Length( mm) 3.25 = weight( g) ( Froese and Pauly, 2001). No length weight relationship for delta smelt was available. Capelin was used because it was the only species in the same family for which a relationship was available. f Calculated from egg diameter of 1.0 ( Wang, 1986) using the equation V=

diameter( cm) 3/ 6. g Length from Wang, 1986. h Length from Stevens and Miller, 1992.

Table 2 8: Drums/ croakers species parameters. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) f Fraction Vulnerable to Fisheryf Weight ( lb) g Egg 0.500b 0 0 0.000000722h Larvae 4.61c 0 0 0.00000464i Juvenile 13.8d 0 0 0.000212j Age 1+ 0.420e 0 0 0.120k Age 2+ 0.420e 0 0 0.156k Age 3+ 0.210e 0.099 0.5 0.195k Age 4+ 0.210e 0.21 1 0.239k Age 5+ 0.210e 0.21 1 0.287k Age 6+ 0.210e 0.21 1 0.340k Age 7+ 0.210e 0.21 1 0.398k Age 8+ 0.210e 0.21 1 0.458k Age 9+ 0.210e 0.21 1 0.519k Age 10+ 0.210e 0.21 1 0.584k Age 11+ 0.210e 0.21 1 0.648k Table 2 8: Drums/ croakers species parameters ( cont.). a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) f Fraction Vulnerable to Fisheryf Weight ( lb) g Age 12+ 0.210e 0.21 1 0.723k a Life history was based on white croaker unless otherwise noted. b Calculated from survival ( Tenera Environmental Services, 2001) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). c Calculated from survival ( Tenera Environmental Services, 2000) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). d Calculated from extrapolated survival using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). e Calculated from extrapolated survival using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). f No data available. Assumed based on total reported NMFS harvest. g Weight calculated from length for non egg values using the formula: W = 0.000033TL2.804 ( Isaacson, 1964). h Calculated from egg diameter of 0.885 ( Cailliet, 2000) using the equation V=

diameter( cm) 3/ 6. i Tenera Environmental Services, 2001. j Cailliet, 2000. k Tenera Environmental Services, 1988.

Table 2 9: Dungeness crab species parameters.

Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) g Egg 0.223c 0c 0e 0.000000151h Larvaea 2.41c 0c 0e 0.000134i Zoeab 1.2c 0c 0e 0.000134i Megalopaeb 1.2c 0c 0e 0.59j Age 1+ 0.5d 0e 0e 1.1e Age 2+ 0.5d 0.5f 0.5e 1.37j Age 3+ 0.5d 0.5f 1e 2.48k Age 4+ 1.71d 0.5f 1e 4.04e Age 5+ 1.71d 0.5f 1e 4.41l Age 6+ 1.71d 0.5f 1e 4.79l Age 7+ 1.71d 0.5f 1e 5.20l Age 8+ 1.71d 0.5f 1e 5.63l Age 9+ 1.71d 0.5f 1e 6.08l Age 10+ 1.71d 0.5f 1e 6.56j a Lifestage applied in model to Moss Landing data only. b Lifestage applied in model to Morro Bay and Humboldt Bay data only. c No data available. Number is an unsupported estimate. d Calculated from estimated survival ( based on Wild & Tasto, 1983) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). c Estimated based on Pauley et al., 1989. f No data available. Assumed to be equal to natural mortality. g Weight calculated from length for non egg values using the formula for brown rock crab: W = 0.001249797 L2.801 ( Carroll, 1982). h Calculated from egg diameter of 0.51 ( Leet et al. ( eds.), 2001) using the equation V=

diameter( cm) 3/ 6. i University of Washington, 2002. J Virginia Tech, 1998. k Interpolated based on lengths at ages 2 and 4. l Interpolated based on lengths at ages 4 and 10. Table 2 10: Flounders species parameters. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) h Egg 0.223b 0e 0g 0.000000303i Larvae 6.28c 0e 0g 0.00121j Juvenile 1.14c 0e 0g 0.00882j Age 1+ 0.363d 0.242f 0.5g 0.0672k Age 2+ 0.649d 0.432f 1g 0.226l Age 3+ 0.752d 0.501f 1g 0.553l Age 4+ 0.752d 0.501f 1g 1.13k a Life history was based on speckled sanddab unless otherwise noted. b Based on assumed survival ( based on Tenera Environmental Services, 2000) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). c Calculated from survival ( Tenera Environmental Services, 2000) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). d ENSR and Marine Research Inc., 2000. e Assumed based on personal communication with Y. DeReynier ( NMFS, November 19, 2002). f Personal communication with Y. DeReynier ( NMFS, November 19, 2002). F assumed to be 0.4 x Z. g Assumed based on age at maturity ( Leet et al. ( eds.), 2001). h Weight calculated from length for non egg values using the formula: W = 0.000019188 L3.44488 ( Cailliet, 2000). i Calculated from egg diameter of 0.64 ( Cailliet, 2000) using the equation V=

diameter( cm) 3/ 6. j Cailliet, 2000. k Length data from Tenera Environmental Services, 2001 converted to standard length using equation from Cailliet, 2000. l Interpolated based on ages 1 and 4.

Table 2 11: Gobies species parameters. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) e Egg 0b 0d 0d 0.0000115f Larvae 5.766c 0d 0d 0.0000190g Juvenile 0.871c 0d 0d 0.000169g Age 1+ 1.10c 0d 0d 0.00194g Age 2+ 1.10c 0d 0d 0.00414h Age 3+ 1.10c 0d 0d 0.00763g Age 4+ 1.10c 0d 0d 0.031h Age 5+ 1.10c 0d 0d 0.081i a Life history was based on blackeye goby unless otherwise noted. b Calculated from survival ( assumed based on Wang, 1986) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). c Calculated from survival ( Tenera Environmental Services, 2000, values for cheekspot and shadow goby) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). d Wang, 1986. e Weight calculated from length for non egg values using the formula: ( 6.59 × 10 6) × Length ( mm) 3.1 ( Froese and Pauly, 2002; values for bay goby). f Calculated from egg diameter of 2.15 ( Wang, 1986) using the equation V=

diameter( cm) 3/ 6. g Tenera Environmental Services, 2000. h Interpolated based on lengths from Tenera Environmental Services, 2000. i Froese and Pauly, 2002.

Table 2 12: Herrings species parameters for Diablo Canyon, Moss Landing, Morro Bay, and Humboldt Bay Power Plants. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) i Egg 0.230b 0g 0h 0.00000390j Larvae 4.61c 0g 0h 0.0000609k Juvenile 0.693c 0.04g 0h 0.0126k Age 1+ 0.473d 0.2g 0h 0.0408b Age 2+ 0.274e 0.2g 0.5h 0.128b Age 3+ 0.274d 0.2g 1h 0.167b Table 2 12: Herrings species parameters for Diablo Canyon, Moss Landing, Morro Bay, and Humboldt Bay Power Plants ( cont.). a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) i Age 4+ 0.274d 0.2g 1h 0.211b Age 5+ 0.274d 0.2g 1h 0.258b Age 6+ 0.274d 0.2g 1h 0.288b Age 7+ 0.274d 0.2g 1h 0.330b Age 8+ 0.274d 0.2g 1h 0.345b Age 9+ 0.274f 0.2g 1h 0.353h Age 10+ 0.274f 0.2g 1h 0.364h Age 11+ 0.274f 0.2g 1h 0.375h a Life history was based on pacific herring unless otherwise noted. b Lassuy, 1989. c Calculated from survival ( Tenera Environmental Services, 2001) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). d Calculated from survival ( assumed based on Ecological Analysts Inc., 1981) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). e Assumed to be the same as age 3. f Assumed to be the same as age 8. g Assumed based on Deriso, et al., 1996. h Assumed based on Lassuy, 1989. i Weight calculated from length for non egg values using the formula: ( 2.52 × 10 6) × Length ( mm) 3.232 ( Froese and Pauly, 2002). j Calculated from egg diameter of 1.5 ( Wang, 1986) using the equation V=

diameter( cm) 3/ 6. k Tenera Environmental Services, 2001.

Table 2 13: Herrings species parameters for Potrero Power Plant. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) i Egg 0.223b 0g 0h 0.00000390j Larvae. 6mm 1.12c 0g 0h 0.00000182k Larvae. 7mm 0.973c 0g 0h 0.00000299 k Larvae. 8mm 0.858c 0g 0h 0.00000461k Larvae. 9mm 0.768c 0g 0h 0.00000675k Larvae. 10mm 0.694c 0g 0h 0.00000948k Larvae. 11mm 0.634c 0g 0h 0.0000129k Larvae. 12mm 1.77c 0g 0h 0.0000171k Larvae. 13mm 1.77c 0g 0h 0.0000221k Larvae. 14mm 1.77c 0g 0h 0.0000281k Larvae. 15mm 1.77c 0g 0h 0.0000352k Larvae. 16mm 1.77c 0g 0h 0.0000433k Larvae. 17mm 1.77c 0g 0h 0.0000527k Larvae. 18mm 1.77c 0g 0h 0.0000634k Larvae. 19mm 1.77c 0g 0h 0.0000755k Larvae. 20mm 1.77c 0g 0h 0.0000891k Larvae. 22mm 1.77c 0g 0h 0.000121k Larvae. 22mm 1.77c 0g 0h 0.000121k Larvae. 23mm 1.77c 0g 0h 0.000140k Larvae. 24mm 1.77c 0g 0h 0.000161k Larvae. 25mm 1.77c 0g 0h 0.000183k Larvae. 26mm 1.77c 0g 0h 0.000208k Larvae. 27mm 1.77c 0g 0h 0.000235k Larvae. 28mm 1.77c 0g 0h 0.000264k Larvae. 29mm 1.77c 0g 0h 0.000296k Larvae. 30mm 1.77c 0g 0h 0.000330k Juvenile 0.693d 0g 0h 0.0126l Age 1+ 0.273c 0.2g 0h 0.0408m Age 2+ 0.274e 0.2g 0.5h 0.128m Table 2 13: Herrings species parameters for Potrero Power Plant ( cont.). a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) i Age 3+ 0.274c 0.2g 1h 0.167m Age 4+ 0.274c 0.2g 1h 0.211m Age 5+ 0.274c 0.2g 1h 0.258m Age 6+ 0.274c 0.2g 1h 0.288m Age 7+ 0.274c 0.2g 1h 0.330m Age 8+ 0.274c 0.2g 1h 0.345m Age 9+ 0.274f 0.2g 1h 0.353h Age 10+ 0.274f 0.2g 1h 0.364h Age 11+ 0.274f 0.2g 1h 0.375h a Life history was based on pacific herring unless otherwise noted. b Lassuy, 1989. c Calculated from survival ( Ecological Analysts Inc., 1981) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). d Calculated from survival ( Tenera Environmental Services, 2001) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). e Assumed to be the same as age 3. f Assumed to be the same as age 8. g Assumed based on Deriso, et al., 1996. h Assumed based on Lassuy, 1989. i Weight calculated from length for non egg values using the formula: ( 2.52 × 10 6) × Length ( mm) 3.232 ( Froese and Pauly, 2002). j Calculated from egg diameter of 1.5 ( Wang, 1986) using the equation V=

diameter( cm) 3/ 6. k Ecological Analysts Inc., 1981. l Tenera Environmental Services, 2001. m Lassuy, 1989.

Table 2 14: Herrings species parameters for Hunter's Point Power Plant. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) i Egg 0.230b 0g 0h 0.00000390j Larvae. 6mm 0.973b 0g 0h 0.00000182k Larvae. 7mm 0.858b 0g 0h 0.00000299k Larvae. 8mm 0.768b 0g 0h 0.00000461k Larvae. 9mm 0.694b 0g 0h 0.00000675k Larvae. 10mm 0.634b 0g 0h 0.00000948k Larvae. 11mm 0.583b 0g 0h 0.0000129k Larvae. 12mm 1.04b 0g 0h 0.0000171k Larvae. 13mm 0.4b 0g 0h 0.0000221k Larvae. 15mm 0b 0g 0h 0.0000352k Larvae. 16mm 0b 0g 0h 0.0000433k Larvae. 17mm 0b 0g 0h 0.0000527k Larvae. 18mm 0b 0g 0h 0.0000634k Larvae. 19mm 0b 0g 0h 0.0000755k Larvae. 20mm 0b 0g 0h 0.0000891k Larvae. 21mm 0b 0g 0h 0.000104k Larvae. 22mm 0b 0g 0h 0.000121k Larvae. 23mm 0b 0g 0h 0.000140k Larvae. 24mm 0b 0g 0h 0.000161k Larvae. 25mm 0b 0g 0h 0.000183k Larvae. 47mm 0b 0g 0h 0.00141k Larvae. 48mm 0.473c 0g 0h 0.00151k Age 1+ 0.473c 0g 0h 0.0408l Age 2+ 0.274d 0.2g 0.5h 0.128l Age 3+ 0.274e 0.2g 1h 0.167l Age 4+ 0.274e 0.2g 1h 0.211l Age 5+ 0.274e 0.2g 1h 0.258l Age 6+ 0.274e 0.2g 1h 0.288l Table 2 14: Herrings species parameters for Hunter's Point Power Plant ( cont.). a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) i Age 7+ 0.274e 0.2g 1h 0.330l Age 8+ 0.274e 0.2g 1h 0.345l Age 9+ 0.274f 0.2g 1h 0.353h Age 10+ 0.274f 0.2g 1h 0.364h Age 11+ 0.274f 0.2g 1h 0.375h a Life history was based on pacific herring unless otherwise noted. b Calculated from survival ( Ecological Analysts Inc., 1982) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). c Calculated from survival ( based on Ecological Analysts Inc., 1982) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). d Assumed to be the same as age 3. e Calculated from survival ( assumed based on Ecological Analysts Inc., 1981) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). f Assumed to be the same as age 8. g Assumed based on Deriso, et al., 1996. h Assumed based on Lassuy, 1989. i Weight calculated from length for non egg values using the formula: ( 2.52 × 10 6) × Length ( mm) 3.232 ( Froese and Pauly, 2002). j Calculated from egg diameter of 1.5 ( Wang, 1986) using the equation V=

diameter( cm) 3/ 6. k Ecological Analysts Inc., 1982. l Lassuy, 1989.

Table 2 15: Longfin smelt species parameters.

Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) d Fraction Vulnerable to Fisheryd Weight ( lbs) e Eggs 1.15a 0 0 0.000002f Larvae 7.3b 0 0 0.00000344g Age 1+ 0.67c 0 1 0.00224h Age 2+ 0.67c 0 1 0.0218h Age 3+ 0.67c 0 1 0.0821i a Buckley, 1989. Rainbow smelt. b Calculated from extrapolated survival using the equation: ( natural mortality) =  LN( survival)  ( fishing mortality). c Froese and Pauly, 2001. d Threatened and endangered species, thus no fishery. e Weight calculated from length for non egg values using the formula for Capelin: ( 1.24x10 6)* Length( mm) 3.25 = weight( g) ( Froese and Pauly, 2001). No length weight relationship for longfin smelt was available. Capelin was used because it was the only species in the same family for which a relationship was available. f Calculated from egg diameter of 1.2 ( Wang, 1986) using the equation V=

diameter( cm) 3/ 6. g Length from Wang, 1986. h Length interpolated based on Wang, 1986 and Froese and Pauly, 2001. i Length from Froese and Pauly, 2001.

Table 2 16: Rock crab species parameters. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) h Egg 0b 0g 0g 0.000000151i Zoea. 1 1.58c, d 0g 0g 0.0000279j Zoea. 2 0.948c, d 0g 0g 0.000155j Zoea. 3 0.948c, d 0g 0g 0.000445j Zoea. 4 0.948c, d 0g 0g 0.000956j Zoea. 5 1.26c, d 0g 0g 0.0000598k Megalopae 2.31c, d 0g 0g 0.000134k Larvae 7.99e 0 0 0.0000192l Age 1+ 2.43f 0g 0g 0.289l Age 2+ 2.43f 0g 0g 0.654l Age 3+ 2.43f 0g 0g 1.26l Age 4+ 1.82f 0.61g 0.5g 1.97l Age 5+ 1.82f 0.61g 1g 2.55l Table 2 16: Rock crab species parameters. ( cont.) a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) h Age 6+ 1.82f 0.61g 1g 3.00l a Life history was based on brown rock crab unless otherwise noted. b Calculated from survival ( Tenera Environmental Services, 2001) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). c Calculated from survival ( Tenera Environmental Services, 2000; based on daily mortality and stage duration) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). d Lifestages applied in model to Morro Bay and Diablo data only. e Lifestages applied in model to Potrero, Moss Landing, and Humboldt Bay data only. f Calculated from survival ( Tenera Environmental Services, 2000) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). g Assumed based on Tenera Environmental Services, 2000 and Leet et al. ( eds.), 2001. h Weight calculated from length for non egg values using the formula: ( 1.25 × 10 3) × Length ( mm) 2.801 ( Carroll, 1982). i Calculated from egg diameter of 0.51 ( Wang, 1986, dungeness crab) using the equation V=

diameter( cm) 3/ 6. Assumed to be similar to dungeness crab. j Interpolated based on size of egg and zoea. 5. k University of Washington, 2000. l Tenera Environmental Services, 2000.

Table 2 17: Rockfish species parameters. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) f Larvae 6.04b 0d 0e 0.000181g Juvenile 6.65b 0d 0e 0.0076h Age 1+ 0.215b 0d 0e 0.0444i Age 2+ 0.215b 0d 0e 0.150i Age 3+ 0.261c 0d 0e 0.308i Age 4+ 0.131c 0.13d 0.25e 0.458j Age 5+ 0.131c 0.13d 0.5e 0.689i Age 6+ 0.131c 0.13d 0.75e 0.878i Age 7+ 0.131c 0.13d 1e 1.05i Age 8+ 0.131c 0.13d 1e 1.21i Age 9+ 0.131c 0.13d 1e 1.34i Age 10+ 0.131c 0.13d 1e 1.46i Age 11+ 0.131c 0.13d 1e 1.55i Age 12+ 0.131c 0.13d 1e 1.63i Age 13+ 0.131c 0.13d 1e 1.70i Age 14+ 0.131c 0.13d 1e 1.75i Age 15+ 0.131c 0.13d 1e 1.80i Age 16+ 0.131c 0.13d 1e 1.83i Age 17+ 0.131c 0.13d 1e 1.86i Age 18+ 0.131c 0.13d 1e 1.88i Age 19+ 0.131c 0.13d 1e 1.90i Age 20+ 0.131c 0.13d 1e 1.92i Age 21+ 0.131c 0.13d 1e 1.93i Age 22+ 0.131c 0.13d 1e 1.94i Age 23+ 0.131c 0.13d 1e 1.95i Age 24+ 0.131c 0.13d 1e 1.95i a Life history was based on blue rockfish unless otherwise noted. b Calculated from survival ( Tenera Environmental Services, 2001) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). c Calculated from survival ( Russell & Hanson, 1990) using the equation: ( natural mortality) =  LN ( survival)  ( fishing mortality). d Assumed based on Russell & Hanson, 1990. e Assumed based on Leet et al. ( eds.), 2001. f Weight calculated from length for non egg values using the formula: ( 1.02 × 10 5) × Length ( mm) 3.121 ( averages of alphas and betas for kelp, gopher, and black and yellow rockfish from Cailliet, 2000). g Average lengths of kelp, gopher, and black and yellow rockfish from Cailliet, 2000. h Based on Tenera Environmental Services, 2001. Converted to total length using equation from Cailliet, 2000. i Calculated using equation from Froese and Binohlan, 2000 and inputs from Cailliet, 2000. j Cailliet, 2000. Table 2 18: Sacramento splittail species parameters.

Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) d Fraction Vulnerable to Fisheryd Weight ( lb) e Eggs 1a 0 0 0.0000039f Larvae 9.89b 0 0 0.0000268g Age 1+ 0.37c 0 0 0.0684h Age 2+ 0.37c 0 0 0.252h Age 3+ 0.37c 0 0 0.481h Age 4+ 0.37c 0 0 0.705h Age 5+ 0.37c 0 0 1.05h a Calculated from assumed survival using the equation: ( natural mortality) =  LN( survival)  ( fishing mortality). b Calculated from extrapolated survival using the equation: ( natural mortality) =  LN( survival)  ( fishing mortality). c Froese and Pauly, 2001. d Threatened and endangered species, thus no fishery. e Weight calculated from length for non egg values using the formula for Tui chub: ( 3.51x10 5)* Length( mm) 2.903 = weight( g) ( Froese and Pauly, 2001). f Calculated from egg diameter of 1.5 ( California Department of Water Resources and U. S. Bureau of Reclamation, 1994) using the equation V=

diameter( cm) 3/ 6. g Length from California Department of Water Resources and U. S. Bureau of Reclamation, 1994. h Length from Daniels and Moyle, 1983.

Table 2 19: Sculpins species parameters. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) g Egg 0.288b 0d 0f 0.0000000316h Larvae 6.00b 0d 0f 0.0000000272i Juvenile 0.42c 0d 0f 0.00000458i Age 1+ 0.42c 0.5e 0.5f 0.00000147i Age 2+ 0.42c 0.5e 1f 0.0242j Age 3+ 0.42c 0.5e 1f 0.219i a Life history was based on pacific staghorn sculpin unless otherwise noted. b No data available. Based on values for rockfish and cabezon. c Estimated using life history tool from Froese and Pauly, 2002 and mean annual temperature from Leet et al. ( eds.), 2001. d Assumed based on personal communication with Y. DeReynier ( NMFS, November 19, 2002). e Personal communication with Y. DeReynier ( NMFS, November 19, 2002). f Assumed based on age at maturity ( Cailliet, 2000). g Weight calculated from length for non egg values using the formula: W = 5.14 x 10 3 TL3.31 ( Cailliet, 2000). h Calculated from egg diameter of 1.43 ( Cailliet, 2000) using the equation V=

diameter( cm) 3/ 6. i Cailliet, 2000. j Interpolated based on lengths at ages 1 and 3.

Table 2 20: Silversides species parameters. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) e Egg 0.669b 0d 0d 0.00000924f Larvae 7.99b 0d 0d 0.0000528g Juvenile 0.42c 0d 0d 0.000472h Age 1+ 0.32c 0.1d 0.5d 0.0207i Age 2+ 0.32c 0.1d 1d 0.106g Age 3+ 0.32c 0.1d 1d 0.166j Age 4+ 0.32c 0.1d 1d 0.246j Age 5+ 0.32c 0.1d 1d 0.349j Age 6+ 0.32c 0.1d 1d 0.476j Age 7+ 0.32c 0.1d 1d 0.632j Age 8+ 0.32c 0.1d 1d 0.818j Age 9+ 0.32c 0.1d 1d 1.04j Table 2 20: Silversides species parameters ( cont.). a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) e Age 10+ 0.32c 0.1d 1d 1.30j Age 11+ 0.32c 0.1d 1d 1.59g a Life history was based on jacksmelt unless otherwise noted. b No data available. Based on values for anchovies. c Estimated using life history tool from Froese and Pauly, 2002 and mean annual temperature from Leet et al. ( eds.), 2001. d Assumed. e Weight calculated from length for non egg values using the formula for topsmelt: W = 0.00000886 L3.03574 ( Cailliet, 2000). f Calculated from egg diameter of 2.0 ( Cailliet, 2000, average of all silverside eggs) using the equation V=

diameter( cm) 3/ 6. g Cailliet, 2000. h Wang, 1986. Converted to standard length using equation from Cailliet, 2000. i Interpolated based on lengths at juvenile stage and age 2. j Interpolated based on lengths at ages 2 and 11.

Table 2 21: Smelts species parameters. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) f Egg 0.669b 0d 0e 0.00000154g Larvae 7.99b 0d 0e 0.000389h Juvenile 0.74c 0.15d 0.5e 0.0052i Age 1+ 0.74c 0.15d 1e 0.0364h Age 2+ 0.74c 0.15d 1e 0.147j Age 3+ 0.74c 0.15d 1e 0.393i Age 4+ 0.74c 0.15d 1e 0.738j Age 5+ 0.74c 0.15d 1e 1.25i a Life history was based on surf smelt unless otherwise noted. b No data available. Based on values for anchovies. c Estimated using life history tool from Froese and Pauly, 2002 and mean annual temperature from Leet et al. ( eds.), 2001. d No data available. Assumed values. e Assumed based on Leet et al. ( eds.), 2001. f Weight calculated from length for non egg values using the formula for longfin smelt: W = 0.00000237L3.3732 ( Dryfoos, 1965). g Calculated from egg diameter of 1.1 ( Cailliet, 2000) using the equation V=

diameter( cm) 3/ 6. h Cailliet, 2000. Standard length calculated to total length. i Cailliet, 2000. j Interpolated based on known lengths.

Table 2 22: Striped bass species parameters.

Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) f Fraction Vulnerable to Fisherya Weight ( lb) g Eggs 1.5a 0 0 0.000617h Larvae 5 to 6mmb 1.00c 0 0 0.00000368f Larvae 7 to 10mmb 2.01c 0 0 0.0000131j Larvae 11 to 14mmb 0.939c 0 0 0.0000401j Larvae 15 to 18mmb 0.651c 0 0 0.0000898j Larvae 19mmb 0.061c 0 0 0.000135j Larvae 20 to 24mmb 0.312c 0 0 0.000207j Larvae 25 to 29mmb 0.286c 0 0 0.000397j Larvae 30 to 34mmb 0.334c 0 0 0.000616j Larvae 35 to 39mmb 0.375c 0 0 0.000977j Larvae 40 to 44mmb 0.441c 0 0 0.00136j Larvae 45 to 49mmb 0.904c 0 0 0.00194j Larvae 51 to 75mmb 0.700c 0 0 0.00421j Larvae 76 to 100mmb 0.350c 0 0 0.0105j Table 2 22: Striped bass species parameters ( cont.).

Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) f Fraction Vulnerable to Fisherya Weight ( lb) g Larvaed 8.36e 0 0 0.000207k Age 1+ 0.32f 0 0 0.019f Age 2+ 0.32f 0.18 0.06 0.240f Age 3+ 0.32f 0.18 0.2 0.871f Age 4+ 0.32f 0.18 0.63 1.79f Age 5+ 0.32f 0.18 0.94 2.56f Age 6+ 0.32f 0.18 1 3.85f Age 7+ 0.32f 0.18 1 5.02f Age 8+ 0.32f 0.18 1 6.10f Age 9+ 0.32f 0.18 1 7.11f a Based on information for Delaware Estuary striped bass in Public Service Electric and Gas Company, 1999. b Data applied to Pittsburg and Contra Costa Power Plants only. c Ecological Analysts Inc., 1981. d Data applied to Hunter's Point Power Plant only. c Calculated from survival values ( Ecological Analysts, 1981) using the equation: ( natural mortality) =  LN( survival)  ( fishing mortality). f Setzler et al., 1980. g Weight calculated from length for non egg values using the formula: ( 1.18x10 5)* Length( mm) 2.907 = weight( g) ( Froese and Pauly, 2001). h Length from Wang, 1986. i Length from Setzler et al., 1980. j Length from Ecological Analysts, Inc., 1981. k Based on lengths from Ecological Analysts, Inc., 1981.

Table 2 23: Surfperches species parameters. a Stage Name Natural Mortality ( per stage) Fishing Mortality ( per stage) Fraction Vulnerable to Fishery Weight ( lb) d Juvenile 0.56b 0c 0c 0.00443e Age 1+ 0.28b 0c 0c 0.0429f Age 2+ 0.28b 0.28c 0.5c 0.125f Age 3+ 0.28b 0.28c 1c 0.203f Age 4+ 0.28b 0.28c 1c 0.261f Age 5+ 0.28b 0.28c 1c 0.300f Age 6+ 0.28b 0.28c 1c 0.324f a Life history was based on walleye surfperch unless otherwise noted. b Estimated using life history tool from Froese and Pauly, 2002 and mean annual temperature from Leet et al. ( eds.), 2001. c No data available. Assumed. d Weight calculated from length for non egg values using the formula: W = 0.000032 SL2.99467 ( Cailliet, 2000). e Cailliet, 2000. f Calculated using equation from Froese and Binohlan, 2000 and inputs from Cailliet, 2000.


[Federal Register Volume 83, Number 238 (Wednesday, December 12, 2018)]
[Notices]
[Pages 63939-63941]
[FR Doc No: 2018-26914]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-84752; File No. SR-NASDAQ-2018-100]

Self-Regulatory Organizations; The Nasdaq Stock Market LLC;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change To
Amend the Defined Terms ``In-the-Money'' and ``Out-of-the-Money'' in
Chapter I, Section 1

December 7, 2018.
    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 November 30, 2018, The Nasdaq Stock Market LLC (``Nasdaq'' or
``Exchange'') filed with the Securities and Exchange Commission
(``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 amend The Nasdaq Options Market LLC
(``NOM'') Rules at Chapter I, Section 1, specifically the defined terms
``in-the-money'' and ``out-of-the-money'' at NOM Rules at Chapter I,
Section 1(a)(67) and (68), respectively.
    The text of the proposed rule change is available on the Exchange's
website at http://nasdaq.cchwallstreet.com, at the principal office of
the Exchange, and at the Commission's Public Reference Room.

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

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

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

1. Purpose
    NOM rules define an ``in-the-money'' option series at Chapter I,
Section 1(a)(67). Currently the term ``in-the-money'' means, for call
options, all strike prices below the offer in the underlying security
on the primary listing market; for put options, all strike prices above
the bid in the underlying security on the primary listing market. NOM
rules define an ``out-of-the-money'' option series at Chapter I,
Section 1(a)(68). Currently, the term ``out-of-the-money'' shall mean
the following: For call options, all strike prices above the offer in
the underlying security on the primary listing market; for put options,
all strike prices below the bid in the underlying security on the
primary listing market. The Exchange proposes to amend these defined
terms as specified below.
In-the-Money
    At this time, the Exchange proposes to amend the defined term ``in-
the-money'' to include an ``at-the-money'' option. The term ``in-the-
money'' would be defined with this amendment to mean, for call options,
all strike prices at or below the offer in the underlying security on
the primary listing market; for put options, all strike prices at or
above the bid in the underlying security on the primary listing market.
The Exchange believes that amending the term ``in-the-money'' to
include options that are ``at-the-money'' will bring greater
transparency to the manner in which the Exchange handles ``at-the-
money'' options.\3\
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    \3\ The Exchange notes that the inclusion of the term ``at-the-
money'' within the defined term ``in-the-money'' represents the
Exchange's current practice.
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In-the-Money and Out-of-the-Money

    The Exchange proposes to limit the defined terms ``in-the-money''
and ``out-of-the-money'' option series for purposes of Market Maker
quoting obligations in Chapter VII, Section 6. The Exchange notes that
it specifically proposes to reference the rules related to Market Maker
quoting obligations to avoid any confusion with the manner in which
``in-the-money'' and ``out-of-the-money'' options series are defined
for purposes of other options rules. This limitation represents current
practice. The Exchange also notes that it is conforming this term
across its Nasdaq affiliated markets.
2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section
6(b) of the Act,\4\ in general, and furthers the objectives of Section
6(b)(5) of the Act,\5\ in particular, in that it is designed to promote
just and equitable principles of trade, to remove impediments to and
perfect the mechanism of a free and open market and a national market
system, and, in general to protect investors and the public interest.
The Exchange's proposal to amend the defined term ``in-the-money'' to
include options that are ``at-the-money'' will bring greater
transparency to the current manner in which the Exchange handles ``at-
the-money'' options.
---------------------------------------------------------------------------

    \4\ 15 U.S.C. 78f(b).
    \5\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

    The Exchange's proposal to note that the defined terms ``in-the-
money'' and ``out-of-the-money'' would apply for purposes of Market
Maker quoting obligations in Chapter VII, Section 6 would avoid any
confusion with the manner in which ``in-the-money'' and ``out-of-the-
money'' options series are defined for purposes of other options rules.
The limitation of the defined terms for purposes of Market Maker
quoting obligations in Chapter VII, Section 6 will bring transparency
to the current use of the defined terms.

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

    The Exchange does not believe that the proposed rule change will
impose any burden on competition not necessary or appropriate in
furtherance of the purposes of the Act. The Exchange's proposal to
amend the defined term ``in-the-money'' to include options that are
``at-the-money'' and add limitations to the use of the defined terms
``in-the-money'' and ``out-of-the-money'' for purposes of Market Maker
quoting obligations in Chapter VII, Section 6 do not unduly burden
competition, rather these amendments add greater transparency to the
Rulebook and makes clear the applicability of the definitions to avoid
confusion with respect to the remainder of the options rules.

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

    No written comments were either solicited or received.

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

    Because the foregoing proposed rule change does not: (i)
Significantly affect the protection of investors or the public
interest; (ii) impose any significant burden on competition; and (iii)
become operative for 30 days from the date on which it was filed, or
such shorter time as the Commission may designate, it has become
effective pursuant to Section 19(b)(3)(A)(iii) of the Act \6\ and
subparagraph (f)(6) of Rule 19b-4 thereunder.\7\
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    \6\ 15 U.S.C. 78s(b)(3)(A)(iii).
    \7\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)
requires a self-regulatory organization to give the Commission
written notice of its intent to file the proposed rule change at
least five business days prior to the date of filing of the proposed
rule change, or such shorter time as designated by the Commission.
The Exchange has satisfied this requirement.
---------------------------------------------------------------------------

    At any time within 60 days of the filing of the proposed rule
change, the Commission summarily may temporarily suspend such rule
change if it appears to the Commission that such action is 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_ADDRESS>Please include
File Number SR-NASDAQ-2018-100 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-2018-100. 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-2018-100 and should be submitted
on or before January 2, 2019.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
---------------------------------------------------------------------------

    \8\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-26914 Filed 12-11-18; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register Volume 82, Number 135 (Monday, July 17, 2017)]
[Notices]
[Pages 32734-32737]
[FR Doc No: 2017-14890]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81120; File No. SR-NASDAQ-2017-062]

Self-Regulatory Organizations; The NASDAQ Stock Market LLC;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change To
Amend Nasdaq Rule 5705(b) To Provide for the Inclusion of Cash in an
Index or Portfolio Underlying a Series of Index Fund Shares

July 11, 2017.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that
on June 30, 2017, The NASDAQ Stock Market LLC (``Nasdaq'' or
``Exchange'') filed with the Securities and Exchange Commission
(``SEC'' or ``Commission'') the proposed rule change as described in
Items I and II below, which Items have been prepared by the Exchange.
The Commission is publishing this notice to solicit comments on the
proposed rule change from interested persons.
---------------------------------------------------------------------------

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

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

    The Exchange proposes to amend Nasdaq Rule 5705(b) to provide for
the inclusion of cash in an index or portfolio underlying a series of
Index Fund Shares. This filing is substantively identical to a NYSE
Arca, Inc. filing previously approved by the Commission (SR-NYSEArca-
2017-30, as amended).\3\
---------------------------------------------------------------------------

    \3\ See Securities Exchange Act Release No. 80777 (May 25,
2017), 82 FR 25378 (June 1, 2017) (SR-NYSEArca-2017-30).
---------------------------------------------------------------------------

    The text of the proposed rule change is available on the Exchange's
Web site at http://nasdaq.cchwallstreet.com, at the principal office of
the Exchange, and at the Commission's Public Reference Room.

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

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

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

1. Purpose
    The Exchange proposes to amend Nasdaq Rule 5705(b)(3) and
5705(b)(4) to provide for the inclusion of cash in an index or
portfolio underlying a series of Index Fund Shares.\4\ Nasdaq Rule
5705(b) provides ``generic'' criteria permitting listing and trading of
Index Fund Shares pursuant to Rule 19b-4(e) under the Act \5\ when the
underlying index or portfolio satisfies the criteria set forth in
Nasdaq Rule 5705(b).
---------------------------------------------------------------------------

    \4\ See Nasdaq Rule 5705(b)(1)(A) and (B).
    \5\ 17 CFR 240.19b-4(e).
---------------------------------------------------------------------------

    The Exchange understands that certain index providers have
included, or intend to include, cash as a component in indexes or
portfolios that also include equity or fixed income securities
components. An index provider may, for example, provide a certain index
weighting allocation to cash or may periodically change an allocation
to cash based on the index provider's assessment of market risk
associated with other asset classes in the applicable index.\6\
---------------------------------------------------------------------------

    \6\ The Exchange notes that shares of the following exchange-
traded funds based on indexes or portfolios that include cash as a
component are currently listed and traded on the BATS BZX Exchange,
Inc.: QuantX Risk Managed Growth ETF; QuantX Risk Managed Multi-
Asset Income ETF; QuantX Risk Managed Multi-Asset Total Return ETF;
and QuantX Risk Managed Real Return ETF.

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

    Accordingly, the Exchange proposes to amend Nasdaq Rule 5705(b)(3)
and 5705(b)(4) to permit listing and trading of Index Fund Shares based
on an index or portfolio that includes cash as a component. While open-
end investment companies, like mutual funds, will generally hold an
amount of cash, Nasdaq Rule 5705(b) currently provides that components
of an index or portfolio underlying a series of Index Fund Shares
consist of securities--namely, U.S. Component Stocks, Non-U.S.
Component Stocks, Fixed Income Securities or a combination thereof. As
described below, the proposed amendments to Nasdaq Rule 5705(b)(3) and
5705(b)(4) would permit inclusion of cash as an index or portfolio
component.
    Currently, Nasdaq Rule 5705(b)(3)(A)(i) provides that an underlying
index or portfolio of U.S. Component Stocks \7\ must meet specified
criteria. The Exchange proposes to amend Nasdaq Rule 5705(b)(3) to
provide that the components of an index or portfolio underlying a
series of Index Fund Shares may also include cash. In addition, the
percentage weighting criteria in Nasdaq Rule 5705(b)(3)(A)(i)a.-d. each
would be amended to make clear that such criteria would be applied only
to the U.S. Component Stocks portion of an index or portfolio. For
example, in applying the criteria in proposed Nasdaq Rule
5705(b)(3)(A)(i)a.,\8\ if 85% of the weight of an index consists of
U.S. Component Stocks and 15% of the index weight is cash, the
requirement that component stocks accounting for 90% of the weight of
the index or portfolio each have a minimum market value of $75 million
minimum would be applied only to the 85% portion consisting of U.S.
Component Stocks.
---------------------------------------------------------------------------

    \7\ Nasdaq Rule 5705(b)(1)(D) defines ``U.S. Component Stock''
as an equity security that is registered under Sections 12(b) or
12(g) of the Act or an American Depositary Receipt, the underlying
equity security of which is registered under Sections 12(b) or 12(g)
of the Act.
    \8\ Nasdaq Rule 5705(b)(3)(A)(i)a. would provide that component
stocks (excluding Derivative Securities Products) that in the
aggregate account for at least 90% of the weight of the U.S.
Component Stocks portion of the index or portfolio (excluding such
Derivative Securities Products) each shall have a minimum market
value of at least $75 million.
---------------------------------------------------------------------------

    Nasdaq Rule 5705(b)(3)(A)(ii), which relates to international or
global indexes or portfolios, would be amended to provide that
components of an index or portfolio underlying a series of Index Fund
Shares may consist of (a) only Non-U.S. Component Stocks, (b) Non-U.S.
Component Stocks and cash, (c) both U.S. Component Stocks and Non-U.S.
Component Stocks, or (d) U.S. Component Stocks, Non-U.S. Component
Stocks and cash. In addition, the percentage weighting criteria in
Nasdaq Rule 5705(b)(3)(A)(ii)a.-d. each would be amended to make clear
that such criteria would be applied only to the U.S. and Non-U.S.
Component Stocks portions of an index or portfolio.
    Nasdaq Rule 5705(b)(4) provides generic criteria applicable to
listing and trading of Index Fund Shares whose underlying index or
portfolio includes Fixed Income Securities.\9\ Currently, Nasdaq Rule
5705(b)(4)(A)(i) provides that an underlying index or portfolio must
consist of Fixed Income Securities. The Exchange proposes to amend
Nasdaq Rule 5705(b)(4)(A)(i) to provide that the index or portfolio may
also include cash. In addition, the percentage weighting criteria in
Nasdaq Rule 5705(b)(4)(A)(ii), 5705(b)(4)(A)(iv) and 5705(b)(4)(A)(vi)
each would be amended to make clear that such criteria would be applied
only to the Fixed Income Securities portion of an index or portfolio.
For example, in applying the criteria in proposed Nasdaq Rule
5705(b)(4)(A)(ii),\10\ if 90% of the weight of an index or portfolio
consists of Fixed Income Securities and 10% of the index weight is
cash, the requirement that Fixed Income Securities accounting for at
least 75% of the weight of the index or portfolio each have a minimum
original principal amount outstanding of $100 million would be applied
only to the 90% portion consisting of Fixed Income Securities.
---------------------------------------------------------------------------

    \9\ As defined in Nasdaq Rule 5705(b)(4), Fixed Income
Securities are debt securities that are notes, bonds, debentures or
evidence of indebtedness that include, but are not limited to, U.S.
Department of Treasury securities (``Treasury Securities''),
government-sponsored entity securities (``GSE Securities''),
municipal securities, trust preferred securities, supranational debt
and debt of a foreign country or a subdivision thereof.
    \10\ Nasdaq Rule 5705(b)(4)(A)(ii) would provide that Fixed
Income Security components that in aggregate account for at least
75% of the Fixed Income Securities portion of the weight of the
index or portfolio each shall have a minimum original principal
amount outstanding of $100 million or more.
---------------------------------------------------------------------------

    The Exchange notes that the Commission has previously approved
Exchange rules allowing portfolios held by issues of Managed Fund
Shares (actively managed exchange-traded funds) under Nasdaq Rule 5735
to include cash.\11\ Like the provision in Nasdaq Rule 5735, which
states that there is no limit to cash holdings by an issue of Managed
Fund Shares listed under the rule, there is no proposed limit to the
weighting of cash in an index or portfolio underlying a series of Index
Fund Shares. The Exchange believes this is appropriate in that cash
does not, in itself, impose investment or market risk.
---------------------------------------------------------------------------

    \11\ See Nasdaq Rule 5735.
---------------------------------------------------------------------------

    The Exchange believes the proposed amendments, by permitting
inclusion of cash as a component of indexes or portfolios underlying
series of Index Fund Shares, would provide issuers of Index Fund Shares
with additional choice in indexes or portfolios permitted to underlie
Index Fund Shares that are permitted to list and trade on the Exchange
pursuant to Rule 19b-4(e), which would enhance competition among market
participants, to the benefit of investors and the marketplace. In
addition, the proposed amendments would provide investors with greater
ability to hold Index Fund Shares based on underlying indexes or
portfolios that may accord more closely with an investor's assessment
of market risk, in that some investors may view cash as a desirable
component of an underlying index or portfolio under certain market
conditions.
2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section
6(b) of the Act,\12\ in general, and furthers the objectives of Section
6(b)(5) of the Act,\13\ in particular, because it is designed to
prevent fraudulent and manipulative acts and practices, to promote just
and equitable principles of trade, to foster cooperation and
coordination with persons engaged in regulating, clearing, settling,
processing information with respect to, and facilitating transactions
in securities, to remove impediments to, and perfect the mechanisms of,
a free and open market and a national market system and, in general, to
protect investors and the public interest and because it is not
designed to permit unfair discrimination between customers, issuers,
brokers, or dealers.
---------------------------------------------------------------------------

    \12\ 15 U.S.C. 78f(b).
    \13\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

    The Exchange has in place surveillance procedures that are adequate
to properly monitor trading in Index Fund Shares in all trading
sessions and to deter and detect violations of Exchange rules and
applicable federal securities laws.
    The Exchange notes that, as described above, the percentage
weighting criteria in Nasdaq Rule 5705(b)(3)(A)(i)a.-d. and Nasdaq Rule
5705(b)(3)(A)(ii)a.-d. each would be amended to make clear that such
criteria would be applied only to the U.S. and Non-U.S. Component

Stocks portions of an index or portfolio. The percentage weighting
criteria in Nasdaq Rule 5705(b)(4)(A)(ii), 5705(b)(4)(A)(iv) and
5705(b)(4)(A)(vi) each would be amended to make clear that such
criteria would be applied only to the Fixed Income Securities portion
of an index or portfolio. Such applications of the proposed amendments
would assure that the weighting requirements in Nasdaq Rule 5705(b)(3)
and 5705(b)(4) would continue to be applied only to securities in an
index or portfolio, and would not be diluted as a result of inclusion
of a cash component. In addition, the addition of cash as a permitted
component of indexes or portfolios underlying Index Fund Shares listed
and traded on the Exchange pursuant to Rule 19b-4(e) does not raise
regulatory issues because cash does not, in itself, impose investment
or market risk and is generally not susceptible to manipulation.
    The Exchange believes the proposed amendments, by permitting
inclusion of cash as a component of indexes or portfolios underlying
series of Index Fund Shares, would provide issuers of Index Fund Shares
with additional choice in indexes or portfolios permitted to underlie
Index Fund Shares that are permitted to list and trade on the Exchange
pursuant to Rule 19b-4(e), which would enhance competition among market
participants, to the benefit of investors and the marketplace. In
addition, the proposed amendments would provide investors with greater
ability to hold Index Fund Shares based on underlying indexes or
portfolios that may accord more closely with an investor's assessment
of market risk.

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

    The Exchange does not believe that the proposed rule change will
impose any burden on competition not necessary or appropriate in
furtherance of the purposes of the Act. The proposed rule change would
permit Exchange listing and trading under Rule 19b-4(e) of Index Fund
Shares based on indexes or portfolios that include cash as a component,
which would enhance competition among market participants, to the
benefit of investors and the marketplace. Additionally, since the
Commission has already approved a substantively identical filing by
NYSE Arca, Inc.\14\ this filing may serve to enhance competition among
the exchanges.
---------------------------------------------------------------------------

    \14\ Supra note 3.
---------------------------------------------------------------------------

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 \15\ and Rule 19b-
4(f)(6) thereunder.\16\
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    \15\ 15 U.S.C. 78s(b)(3)(A).
    \16\ 17 CFR 240.19b-4(f)(6). As required under Rule 19b-
4(f)(6)(iii), the Exchange provided the Commission with written
notice of its intent to file the proposed rule change, along with a
brief description and the 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.
---------------------------------------------------------------------------

    A proposed rule change filed under Rule 19b-4(f)(6) normally does
not become operative prior to 30 days after the date of filing.
However, Rule 19b-4(f)(6)(iii) \17\ 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 so that the proposal may
become operative immediately upon filing. As noted above, the Exchange
believes that the proposed rule change would provide additional choices
to issuers of Index Fund Shares and investors in Index Fund Shares. The
Exchange also noted that the Commission has approved a substantively
identical proposal by NYSE Arca, Inc.,\18\ and this proposed rule
change may enhance competition between the exchanges. The Commission
believes that waiver of the 30-day operative delay is consistent with
the protection of investors and the public interest. Therefore, the
Commission hereby waives the 30-day operative delay and designates the
proposed rule change to be operative upon filing.\19\
---------------------------------------------------------------------------

    \17\ 17 CFR 240.19b-4(f)(6)(iii).
    \18\ See supra note 3.
    \19\ 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).
---------------------------------------------------------------------------

    At any time within 60 days of the filing of the proposed rule
change, the Commission summarily may temporarily suspend such rule
change if it appears to the Commission that such action is necessary or
appropriate in the public interest, for the protection of investors, or
otherwise in furtherance of the purposes of the Act. If the Commission
takes such action, the Commission shall institute proceedings to
determine whether the proposed rule change should be approved or
disapproved.

IV. Solicitation of Comments

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

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to<EMAIL_ADDRESS>Please include
File Number SR-NASDAQ-2017-062 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-2017-062. 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 such filing will also 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-
NASDAQ-2017-062 and should be submitted on or before August 7, 2017.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\20\
---------------------------------------------------------------------------

    \20\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2017-14890 Filed 7-14-17; 8:45 am]
BILLING CODE 8011-01-P