[Federal Register Volume 88, Number 102 (Friday, May 26, 2023)]
[Proposed Rules]
[Pages 34097-34100]
[FR Doc No: 2023-11233]

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Proposed Rules
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains notices to the public of
the proposed issuance of rules and regulations. The purpose of these
notices is to give interested persons an opportunity to participate in
the rule making prior to the adoption of the final rules.

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Federal Register / Vol. 88 , No. 102 / Friday, May 26, 2023 /
Proposed Rules

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. FAA-2023-1051; Project Identifier MCAI-2022-01565-T]
RIN 2120-AA64

Airworthiness Directives; Airbus SAS Airplanes

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice of proposed rulemaking (NPRM).

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SUMMARY: The FAA proposes to adopt a new airworthiness directive (AD)
for all Airbus SAS Model A320-200 series airplanes, Model A330-200
Freighter series airplanes, Model A330-300 series airplanes, Model
A340-200 series airplanes, and Model A340-300 series airplanes. This
proposed AD was prompted by a report that certain overheat detection
system (OHDS) sensing elements, produced before January 31, 2021, may
not properly detect thermal bleed leak events due to a quality escape
during the manufacturing process. This proposed AD would require a one-
time special detailed inspection (SDI) for discrepancies of each
affected part installed at an affected position, and replacement of
discrepant parts, as specified in a European Union Aviation Safety
Agency (EASA) AD, which is proposed for incorporation by reference
(IBR). This proposed AD would also prohibit the installation of
affected parts. The FAA is proposing this AD to address the unsafe
condition on these products.

DATES: The FAA must receive comments on this proposed AD by July 10,
2023.

ADDRESSES: You may send comments, using the procedures found in 14 CFR
11.43 and 11.45, by any of the following methods:
     Federal eRulemaking Portal: Go to regulations.gov. Follow
the instructions for submitting comments.
     Fax:<PHONE_NUMBER>.
     Mail: U.S. Department of Transportation, Docket
Operations, M-30, West Building Ground Floor, Room W12-140, 1200 New
Jersey Avenue SE, Washington, DC 20590.
     Hand Delivery: Deliver to Mail address above between 9
a.m. and 5 p.m., Monday through Friday, except Federal holidays.
    AD Docket: You may examine the AD docket at regulations.gov under
Docket No. FAA-2023-1051; or in person at Docket Operations between 9
a.m. and 5 p.m., Monday through Friday, except Federal holidays. The AD
docket contains this NPRM, the mandatory continuing airworthiness
information (MCAI), any comments received, and other information. The
street address for Docket Operations is listed above.
    Material Incorporated by Reference:
     For material that is proposed for IBR in this NPRM,
contact EASA, Konrad-Adenauer-Ufer 3, 50668 Cologne, Germany; telephone
+49 221 8999 000; email [email protected]; website easa.europa.eu. You
may find this material on the EASA website at ad.easa.europa.eu. It is
also available at regulations.gov under Docket No. FAA-2023-1051.
     For Kidde Aerospace & Defense service information
identified in this NPRM, contact Kidde Aerospace & Defense, 4200
Airport Drive NW, Building B, Wilson, NC 27896; telephone<PHONE_NUMBER>;
website kiddetechnologies.com/aviation.com.
     You may view this service information at the FAA,
Airworthiness Products Section, Operational Safety Branch, 2200 South
216th St., Des Moines, WA. For information on the availability of this
material at the FAA, call<PHONE_NUMBER>.

FOR FURTHER INFORMATION CONTACT: Vladimir Ulyanov, Aerospace Engineer,
FAA, International Validation Branch, 2200 South 216th St., Des Moines,
WA 98198; telephone<PHONE_NUMBER>; email [email protected].

SUPPLEMENTARY INFORMATION:

Comments Invited

    The FAA invites you to send any written relevant data, views, or
arguments about this proposal. Send your comments to an address listed
under ADDRESSES. Include ``Docket No. FAA-2023-1051; Project Identifier
MCAI-2022-01565-T'' at the beginning of your comments. The most helpful
comments reference a specific portion of the proposal, explain the
reason for any recommended change, and include supporting data. The FAA
will consider all comments received by the closing date and may amend
this proposal because of those comments.
    Except for Confidential Business Information (CBI) as described in
the following paragraph, and other information as described in 14 CFR
11.35, the FAA will post all comments received, without change, to
regulations.gov, including any personal information you provide. The
agency will also post a report summarizing each substantive verbal
contact received about this NPRM.

Confidential Business Information

    CBI is commercial or financial information that is both customarily
and actually treated as private by its owner. Under the Freedom of
Information Act (FOIA) (5 U.S.C. 552), CBI is exempt from public
disclosure. If your comments responsive to this NPRM contain commercial
or financial information that is customarily treated as private, that
you actually treat as private, and that is relevant or responsive to
this NPRM, it is important that you clearly designate the submitted
comments as CBI. Please mark each page of your submission containing
CBI as ``PROPIN.'' The FAA will treat such marked submissions as
confidential under the FOIA, and they will not be placed in the public
docket of this NPRM. Submissions containing CBI should be sent to
Vladimir Ulyanov, Aerospace Engineer, FAA, International Validation
Branch, 2200 South 216th St., Des Moines, WA 98198; telephone 206-231-
3229; email [email protected]. Any commentary that the FAA
receives which is not specifically designated as CBI will be placed in
the public docket for this rulemaking.

Background

    EASA, which is the Technical Agent for the Member States of the
European Union, has issued EASA AD 2022-0243, dated December 8, 2022
(EASA AD 2022-0243) (also referred to as the MCAI), to correct an
unsafe condition for all Airbus SAS Model A320-200 series airplanes,
Model A330-200 Freighter series airplanes, Model A330-300 series
airplanes, Model A340-200

series airplanes, and Model A340-300 series airplanes. The MCAI states
that the affected part manufacturer, Kidde Aerospace & Defense,
reported that certain OHDS sensing elements, produced before January
31, 2021, may not properly detect thermal bleed leak events due to a
quality escape during the manufacturing process. This condition, if not
addressed, could lead to an air leak remaining undetected by the OHDS
and not being isolated during flight, possibly resulting in localized
areas of the airplane being exposed to high temperatures, with
consequent reduced structural integrity of the airplane.
    The FAA is proposing this AD to address the unsafe condition on
these products.
    You may examine the MCAI in the AD docket at regulations.gov under
Docket No. FAA-2023-1051.

Related Service Information Under 1 CFR Part 51

    EASA AD 2022-0243 specifies procedures for a one-time SDI for
discrepancies of each affected part installed at an affected position,
and replacement of discrepant parts where the displayed electronic
centralized aircraft monitoring (ECAM) warning is not related to
results of a heat gun test at certain locations. EASA AD 2022-0243 also
prohibits the installation of affected parts.
    The FAA reviewed Kidde Aerospace & Defense Service Bulletin CFD-26-
3, dated January 13, 2022; and Revision 1, dated March 29, 2022, which
identify affected OHDS sensing elements (those having certain part
numbers and corresponding date codes). These documents are distinct
because Revision 1 corrects typographical errors and clarifies wording.
    This material is reasonably available because the interested
parties have access to it through their normal course of business or by
the means identified in ADDRESSES.

FAA's Determination

    This product has been approved by the aviation authority of another
country and is approved for operation in the United States. Pursuant to
the FAA's bilateral agreement with the State of Design Authority, it
has notified the FAA of the unsafe condition described in the MCAI
referenced above. The FAA is issuing this NPRM after determining that
the unsafe condition described previously is likely to exist or develop
in other products of the same type design.

Proposed AD Requirements in This NPRM

    This proposed AD would require accomplishing the actions specified
in EASA 2022-0243 described previously, except for any differences
identified as exceptions in the regulatory text of this proposed AD.
This proposed AD would also prohibit the installation of affected
parts.

Explanation of Required Compliance Information

    In the FAA's ongoing efforts to improve the efficiency of the AD
process, the FAA developed a process to use some civil aviation
authority (CAA) ADs as the primary source of information for compliance
with requirements for corresponding FAA ADs. The FAA has been
coordinating this process with manufacturers and CAAs. As a result, the
FAA proposes to incorporate EASA AD 2022-0243 by reference in the FAA
final rule. This proposed AD would, therefore, require compliance with
EASA AD 2022-0243 in its entirety through that incorporation, except
for any differences identified as exceptions in the regulatory text of
this proposed AD. Using common terms that are the same as the heading
of a particular section in EASA AD 2022-0243 does not mean that
operators need comply only with that section. For example, where the AD
requirement refers to ``all required actions and compliance times,''
compliance with this AD requirement is not limited to the section
titled ``Required Action(s) and Compliance Time(s)'' in EASA AD 2022-
0243. Service information required by EASA AD 2022-0243 for compliance
will be available at regulations.gov under Docket No. FAA-2023-1051
after the FAA final rule is published.

Costs of Compliance

    The FAA estimates that this AD, if adopted as proposed, would
affect 119 airplanes of U.S. registry. The FAA estimates the following
costs to comply with this proposed AD:

                                      Estimated Costs for Required Actions
----------------------------------------------------------------------------------------------------------------
                                                                                Cost per       Cost on U.S.
                          Labor cost                              Parts cost        product         operators
----------------------------------------------------------------------------------------------------------------
Up to 64 work-hours x $85 per hour = $5,440..................              $0           $5,440         $647,360
----------------------------------------------------------------------------------------------------------------

    The FAA estimates the following costs to do any necessary on-
condition actions that would be required based on the results of any
required actions. The FAA has no way of determining the number of
aircraft that might need these on-condition actions:

                 Estimated Costs of On-Condition Actions
------------------------------------------------------------------------
                                                             Cost per
              Labor cost                   Parts cost        product
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13 work-hours x $85 per hour = $1,105.             (*)           $1,105
------------------------------------------------------------------------
* The FAA has received no definitive data on which to base the parts
  cost.

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

Authority for This Rulemaking

    Title 49 of the United States Code specifies the FAA's authority to
issue rules on aviation safety. Subtitle I, section 106, describes the
authority of the FAA Administrator. Subtitle VII: Aviation Programs,
describes in more detail the scope of the Agency's authority.

    The FAA is issuing this rulemaking under the authority described in
Subtitle VII, Part A, Subpart III, Section 44701: General requirements.
Under that section, Congress charges the FAA with promoting safe flight
of civil aircraft in air commerce by prescribing regulations for
practices, methods, and procedures the Administrator finds necessary
for safety in air commerce. This regulation is within the scope of that
authority because it addresses an unsafe condition that is likely to
exist or develop on products identified in this rulemaking action.

Regulatory Findings

    The FAA determined that this proposed AD would not have federalism
implications under Executive Order 13132. This proposed AD would not
have a substantial direct effect on the States, on the relationship
between the national Government and the States, or on the distribution
of power and responsibilities among the various levels of government.
    For the reasons discussed above, I certify this proposed
regulation:
    (1) Is not a ``significant regulatory action'' under Executive
Order 12866,
    (2) Would not affect intrastate aviation in Alaska, and
    (3) Would not have a significant economic impact, positive or
negative, on a substantial number of small entities under the criteria
of the Regulatory Flexibility Act.

List of Subjects in 14 CFR Part 39

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

The Proposed Amendment

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

PART 39--AIRWORTHINESS DIRECTIVES

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

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

Sec.  39.13  [Amended]

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

Airbus SAS: Docket No. FAA-2023-1051; Project Identifier MCAI-2022-
01565-T.

(a) Comments Due Date

    The FAA must receive comments on this airworthiness directive
(AD) by July 10, 2023.

(b) Affected ADs

    None.

(c) Applicability

    This AD applies to all Airbus SAS airplanes specified in
paragraphs (c)(1) through (5) of this AD, certificated in any
category.
    (1) Model A330-201, -202, -203, -223, and -243 airplanes.
    (2) Model A330-223F and -243F airplanes.
    (3) Model A330-301, -302, -303, -321, -322, -323, -341, -342,
and -343 airplanes.
    (4) Model A340-211, -212, and -213 airplanes.
    (5) Model A340-311, -312, and -313 airplanes.

(d) Subject

    Air Transport Association (ATA) of America Code 36, Pneumatic.

(e) Unsafe Condition

    This AD was prompted by a report that certain overheat detection
system (OHDS) sensing elements, produced before January 31, 2021,
may not properly detect the thermal bleed leak events due to a
quality escape during the manufacturing process. The FAA is issuing
this AD to address an air leak remaining undetected by the OHDS
sensing element and not being isolated during flight. The unsafe
condition, if not addressed, could possibly result in localized
areas of the airplane being exposed to high temperatures, with
consequent reduced structural integrity of the airplane.

(f) Compliance

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

(g) Requirements

    Except as specified in paragraph (h) of this AD: Comply with all
required actions and compliance times specified in, and in
accordance with, European Union Aviation Safety Agency (EASA) AD
2022-0243, dated December 8, 2022 (EASA AD 2022-0243).

(h) Exceptions to EASA AD 2022-0243

    (1) Where EASA AD 2022-0243 refers to its effective date, this
AD requires using the effective date of this AD.
    (2) This AD does not adopt the ``Remarks'' section of EASA AD
2022-0243.
    (3) Where EASA AD 2022-0243 defines ``affected part'' and refers
to ``the VSB,'' for the part numbers and date codes, for this AD,
use Kidde Aerospace & Defense Service Bulletin CFD-26-3, dated
January 13, 2022; or Revision 1, dated March 29, 2022, as ``the
VSB'' for the part numbers and date codes.
    (4) Where EASA AD 2022-0243 defines Groups, replace the text
``the SB'' with ``Airbus Service Bulletin A330-36-3052, dated June
27, 2022; or Airbus SB A340-36-4036, dated June 27, 2022; as
applicable.''
    (5) Where paragraph (2) of EASA AD 2022-0234 specifies action if
``any discrepancy as defined in the SB is detected,'' for this AD a
discrepancy is when the displayed electronic centralized aircraft
monitoring (ECAM) warning is not related to results of a heat gun
test at certain location.

(i) No Reporting Requirement and No Return of Parts

    (1) Although the service information referenced in EASA AD 2022-
0243 specifies to submit certain information to the manufacturer,
this AD does not include that requirement.
    (2) Although the service information referenced in EASA AD 2022-
0243 specifies to return certain parts to the manufacturer, this AD
does not include that requirement.

(j) Additional AD Provisions

    The following provisions also apply to this AD:
    (1) Alternative Methods of Compliance (AMOCs): The Manager,
International Validation Branch, FAA, has the authority to approve
AMOCs for this AD, if requested using the procedures found in 14 CFR
39.19. In accordance with 14 CFR 39.19, send your request to your
principal inspector or responsible Flight Standards Office, as
appropriate. If sending information directly to the International
Validation Branch, send it to the attention of the person identified
in paragraph (k) of this AD. Information may be emailed to: [email protected]. Before using any approved AMOC, notify your
appropriate principal inspector, or lacking a principal inspector,
the manager of the responsible Flight Standards Office.
    (2) Contacting the Manufacturer: For any requirement in this AD
to obtain instructions from a manufacturer, the instructions must be
accomplished using a method approved by the Manager, International
Validation Branch, FAA; or EASA; Airbus SAS's EASA Design
Organization Approval (DOA). If approved by the DOA, the approval
must include the DOA-authorized signature.
    (3) Required for Compliance (RC): Except as required by
paragraph (j)(2) of this AD, if any service information contains
procedures or tests that are identified as RC, those procedures and
tests must be done to comply with this AD; any procedures or tests
that are not identified as RC are recommended. Those procedures and
tests that are not identified as RC may be deviated from using
accepted methods in accordance with the operator's maintenance or
inspection program without obtaining approval of an AMOC, provided
the procedures and tests identified as RC can be done and the
airplane can be put back in an airworthy condition. Any
substitutions or changes to procedures or tests identified as RC
require approval of an AMOC.

(k) Additional Information

    For more information about this AD, contact Vladimir Ulyanov,
Aerospace Engineer, FAA, International Validation Branch, 2200 South
216th St., Des Moines, WA 98198; telephone<PHONE_NUMBER>; email
[email protected].

(l) Material Incorporated by Reference

    (1) The Director of the Federal Register approved the
incorporation by reference (IBR) of the service information listed
in this paragraph under 5 U.S.C. 552(a) and 1 CFR part 51.
    (2) You must use this service information as applicable to do
the actions required by this AD, unless this AD specifies otherwise.

    (i) European Union Aviation Safety Agency (EASA) AD 2022-0243,
dated December 8, 2022.
    (ii) Kidde Aerospace & Defense Service Bulletin CFD-26-3, dated
January 13, 2022.
    (iii) Kidde Aerospace & Defense Service Bulletin CFD-26-3,
Revision 1, dated March 29, 2022.

    Note 1 to paragraph (l)(2)(iii):  The revision level of this
document is identified on only the transmittal page; no other page
of the document contains this information.

    (3) For EASA AD 2022-0243, contact EASA, Konrad-Adenauer-Ufer 3,
50668 Cologne, Germany; telephone +49 221 8999 000; email
[email protected]; website easa.europa.eu. You may find this EASA
AD on the EASA website at ad.easa.europa.eu.
    (4) For Kidde Aerospace & Defense service information identified
in this AD, contact Kidde Aerospace & Defense, 4200 Airport Drive,
NW, Building B, Wilson, NC 27896; telephone<PHONE_NUMBER>; website
kiddetechnologies.com/aviation.com.
    (5) You may view this service information at the FAA,
Airworthiness Products Section, Operational Safety Branch, 2200
South 216th St., Des Moines, WA. For information on the availability
of this material at the FAA, call<PHONE_NUMBER>.
    (6) You may view this service information that is incorporated
by reference at the National Archives and Records Administration
(NARA). For information on the availability of this material at
NARA, email [email protected], or go to: www.archives.gov/federal-register/cfr/ibr-locations.html.

    Issued on May 22, 2023.
Michael Linegang, Acting Director,
Compliance & Airworthiness Division, Aircraft Certification Service.
[FR Doc. 2023-11233 Filed 5-25-23; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 81, Number 242 (Friday, December 16, 2016)]
[Notices]
[Pages 91232-91235]
[FR Doc No: 2016-30256]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-79528; File Nos. SR-DTC-2016-007; SR-FICC-2016-005; SR-
NSCC-2016-003]

Self-Regulatory Organizations; The Depository Trust Company;
Fixed Income Clearing Corporation; National Securities Clearing
Corporation; Notice of Filing of Amendments No. 1 and Order Granting
Accelerated Approval of Proposed Rule Changes, as Modified by
Amendments No. 1, Relating to Clearing Agency Investment Policy

December 12, 2016.
    On August 25, 2016, The Depository Trust Company (``DTC''), Fixed
Income Clearing Corporation (``FICC''), and National Securities
Clearing Corporation (``NSCC,'' and together with DTC and FICC, the
``Clearing Agencies'') filed with the Securities and Exchange
Commission (``Commission'') proposed rule changes SR-DTC-2016-007, SR-
FICC-2016-005, and SR-NSCC-2016-003 (``Proposed Rule Changes'')
pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act''),\1\ and Rule 19b-4 thereunder,\2\ to adopt the Clearing
Agency Investment Policy, which governs the investment of funds of the
Clearing Agencies.
---------------------------------------------------------------------------

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

    The Proposed Rule Changes were published for comment in the Federal
Register on September 13, 2016.\3\ The Commission did not receive any
comments on the Proposed Rule Changes. Pursuant to Section 19(b)(2) of
the Act,\4\ on October 26, 2016, the Commission designated a longer
period within which to approve the Proposed Rule Changes, disapprove
the Proposed Rule Changes, or institute proceedings to determine
whether to approve or disapprove the Proposed Rule Changes.\5\ On
December 7, 2016, DTC, FICC, and NSCC each filed Amendment No. 1 to
their respective Proposed Rule Changes (``Amendments No. 1''), as
discussed below. The Commission is publishing this notice to solicit
comments on Amendments No. 1 from interested persons and is approving
on an accelerated basis the Proposed Rule Changes, as modified by
Amendments No. 1.\6\
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    \3\ See Securities Exchange Act Release No. 78778 (September 7,
2016), 81 FR 62963 (September 13, 2016) (SR-DTC-2016-007; SR-FICC-
2016-005; SR-NSCC-2016-003).
    \4\ 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 79165 (October 26,
2016), 81 FR 75865 (November 1, 2016). The Commission designated
December 12, 2016, as the date by which it should approve,
disapprove, or institute proceedings to determine whether to approve
or disapprove the Proposed Rule Changes.
    \6\ Capitalized terms not defined herein are defined in the
NSCC's Rules & Procedures (``NSCC Rules''), DTC's Rules, By-laws and
Organizational Certificate (``DTC Rules''), FICC's Mortgage-Backed
Securities Division Clearing Rules (``MBSD Rules''), or FICC's
Government Securities Division Rulebook (``GSD Rules''), as
applicable, available at http://dtcc.com/legal/rules-and-procedures.
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I. Description of the Proposed Rule Changes and Notice of Filing of
Amendments No. 1

    As described by the Clearing Agencies, the Proposed Rule Changes,
as modified by Amendments No. 1, would adopt the Clearing Agency
Investment Policy, which would govern the management, custody, and
investment of cash deposited to the respective NSCC and FICC Clearing
Funds and the DTC Participants Fund,\7\ the proprietary liquid net
assets (cash and cash equivalents) of the Clearing Agencies, and other
funds held by the Clearing Agencies pursuant to their respective rules.
Investment of these funds was previously governed by the investment
policy of The Depository Trust & Clearing Corporation (``DTCC''), which
is the parent company of the Clearing Agencies.
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    \7\ The NSCC and FICC Clearing Funds, and the DTC Participants
Fund are described further in the rules of each of the Clearing
Agencies. See Rule 4 (Clearing Fund) of the NSCC Rules, Rule 4
(Participants Fund and Participants Investment) of the DTC Rules,
Rule 4 (Clearing Fund and Loss Allocation) of the GSD Rules and Rule
4 (Clearing Fund and Loss Allocation) of the MBSD Rules. Supra, note
6.
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    The Clearing Agency Investment Policy would include, generally, a
glossary of key terms, the roles and

responsibilities of DTCC staff in administering the Clearing Agency
Investment Policy, guiding principles for investments, sources of
investable funds, allowable investments of those funds, limitations on
such investments, authority required for those investments, and
authority required to exceed established investment limits.
    The Clearing Agency Investment Policy would be co-owned by DTCC's
Treasury group (``Treasury'') \8\ and the Counterparty Credit Risk team
(``CCR'') within DTCC's Financial Risk Management group.\9\
Additionally, the Clearing Agency Investment Policy would be reviewed
annually and material changes would be required to be approved by the
Board of Directors of each of NSCC, DTC, and FICC (``Boards''), or such
other committee to which such authority may be delegated by the Boards
from time to time. Future changes to the Clearing Agency Investment
Policy would be subject to a subsequent rule filing and approval by the
Commission.
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    \8\ Treasury is a part of the DTCC Finance Department and is
responsible for the safeguarding, investment, and disbursement of
funds on behalf of the Clearing Agencies and in accordance with the
principles outlined in the Clearing Agency Investment Policy.
    \9\ Among other responsibilities, DTCC's Financial Risk
Management group (formerly known as DTCC's Enterprise Risk
Management group) is generally responsible for the systems and
processes designed to identify and manage credit, market, and
liquidity risks to the Clearing Agencies.
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    Treasury would be responsible for identifying potential
counterparties to investment transactions, establishing and managing
investment relationships with approved investment counterparties, and
making and monitoring all investment transactions with respect to the
Clearing Agencies. Additionally, Treasury would be responsible for
managing, monitoring, and internal reporting of investment capacity
utilization relative to established aggregate investment limits.\10\
Requests to exceed counterparty limits would be capped at a certain
percent of the respective limits, as set forth in the Clearing Agency
Investment Policy.
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    \10\ All investments are subject to limits set by type of
allowable investment and by counterparty. Investment limits are set
at an aggregate DTCC-wide level and would apply to investments made
by any of DTCC and each of its subsidiaries, including each of the
Clearing Agencies.
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    CCR would be responsible for conducting a credit review of any
potential counterparty, updating those reviews on a quarterly basis,
and establishing the investment limit for each counterparty approved by
CCR. In conducting a credit review, CCR would evaluate the
creditworthiness of counterparties based on a number of factors,
including the credit ratings provided by external credit rating
agencies. Counterparties generally would be required to meet a minimum
external credit rating set forth in the Clearing Agency Investment
Policy; however, CCR would be permitted to grant an exception to the
minimum external credit rating requirement for a particular
counterparty where CCR concludes that approving exposures to that
counterparty would serve a valid business or investment purpose of the
Clearing Agencies and the risk of loss or default to the Clearing
Agencies is assessed as minimal. CCR could grant such an exception
based on an assessment of the counterparty's capitalization levels,
liquidity resources, earnings trends, and any other relevant
information. The exception would be approved by a Managing Director in
DTCC's Financial Risk Management group in accordance with the Clearing
Agency Investment Policy.
    Funds invested pursuant to the Clearing Agency Investment Policy
would include (i) cash deposits to the respective NSCC and FICC
Clearing Funds and the DTC Participants Fund, (ii) general corporate
funds of each of the Clearing Agencies, (iii) NSCC's prefunded default
liquidity funds raised from the private placement of unsecured
debt,\11\ (iv) amounts deposited with NSCC by its participants to meet
Rule 15c3-3, promulgated under the Act as part of its fully-paid-for
service,\12\ (v) corporate action payments or principal and interest
payments on Securities credited to the Accounts of DTC Participants
that are received by DTC too late in the day or missing information
needed for same-day allocation,\13\ (vi) funds collected from DTC
Participants through net funds settlement and held by DTC to cover 130
percent of the market value of ``short positions,'' \14\ and (vii) cash
debited from Netting Members of FICC's Government Securities Division
to satisfy such members' mark-to-market deficits on forward settling
transactions.\15\
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    \11\ See Securities Exchange Act Release No. 75730 (August 19,
2015), 80 FR 51638 (August 25, 2015) (SR-NSCC-2015-802).
    \12\ 17 CFR 240.15c3-3; see supra, note 6.
    \13\ See supra, note 6.
    \14\ In this context, ``short positions'' refer to Securities
that have been deposited by, and credited to the Account of, a DTC
Participant, pending re-registration into the name of Cede & Co.,
the DTC nominee, which are nevertheless permitted to be delivered to
another DTC Participant; this 130 percent charge is held by DTC
until the Securities are re-registered. See supra, note 6.
    \15\ See supra, note 6.
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    The Clearing Agency Investment Policy would set forth guiding
principles for the investment of funds, which include adherence to a
conservative investment philosophy that places the highest priority on
maximizing liquidity and avoiding risk. The guiding principles would
also mandate the segregation and separation of deposits to the
respective NSCC and FICC Clearing Funds and the DTC Participants Fund,
so that such amounts are not commingled with each other or with other
funds held by the Clearing Agencies. The guiding principles would also
address the process for evaluating the credit ratings of counterparties
and setting investment limits, which would be evaluated, reviewed, and
approved quarterly by CCR. Finally, the guiding principles would make
clear that risk of investment loss is addressed by the rules of each of
the Clearing Agencies.
    The Clearing Agency Investment Policy would identify permitted
investments and the parameters of, and limitations on, each type of
investment. In general, assets would be required to be held by
regulated and creditworthy financial institution counterparties and
invested in specified types of financial instruments. Permitted
financial investments may include, for example, deposits with banks,
including the Federal Reserve Bank of New York, collateralized reverse-
repurchase agreements, direct obligations of the U.S. government,
money-market mutual funds, and high-grade corporate debt.\16\
Additionally, the Clearing Agencies would, pursuant to the Clearing
Agency Investment Policy, be permitted to use general corporate funds,
and only such funds, to enter into hedge transactions to manage certain
corporate exposures, such as interest rate or foreign currency risk;
hedge transactions would not be permitted to be engaged in for
speculative purposes.
---------------------------------------------------------------------------

    \16\ Only general corporate funds of a Clearing Agency would be
permitted to be invested in high-grade corporate debt.
---------------------------------------------------------------------------

    Investments in collateralized reverse repurchase agreements would
be secured by debt obligations of the U.S. Government or Agencies
guaranteed by the U.S. Government, or by mortgage pass-through
obligations issued by the Government National Mortgage Association, the
Federal Home Loan Mortgage Corporation, and the Federal National
Mortgage Association. Collateral posted by a counterparty to a reverse
repurchase agreement (whether securities or a combination of securities
and cash) would be required to have a market value equal to 102 percent
or greater of the cash invested. Investments

would also be permitted in money market mutual funds that have a credit
rating from one or more recognized rating agencies. All permitted
investments would be short-term and readily accessible for liquidity,
should the need arise, minimizing market risk.

Notice of Filing of Amendments No. 1

    In Amendments No. 1, the Clearing Agencies make a technical
correction to the proposed Clearing Agency Investment Policy. The
originally filed Clearing Agency Investment Policy referenced a pending
request for no action relief with the Commission regarding how NSCC
would invest funds in its Fully-Paid-For Account. On December 1, 2016,
the Division of Trading and Markets staff (``Division'') took a no-
action position regarding how NSCC could invest funds in its Fully-
Paid-For Account.\17\ As such, Amendments No. 1 would amend the
Clearing Agency Investment Policy to reflect that the Division took a
no action position.
---------------------------------------------------------------------------

    \17\ See NSCC, SEC No-Action Letter (December 1, 2016),
available at https://www.sec.gov/divisions/marketreg/mr-noaction/2016/national-securities-clearing-corporation-120116.pdf.
---------------------------------------------------------------------------

II. Discussion and Commission Findings

    Section 19(b)(2)(C) of the Act \18\ directs the Commission to
approve a proposed rule change of a self-regulatory organization if it
finds that such proposed rule change is consistent with the
requirements of the Act and rules and regulations thereunder applicable
to such organization. The Commission believes the Proposed Rule
Changes, as modified by Amendments No. 1, are consistent with Section
17A(b)(3)(F) of the Act and Rule 17Ad-22(d)(3),\19\ as described below.
---------------------------------------------------------------------------

    \18\ 15 U.S.C. 78s(b)(2)(C).
    \19\ 15 U.S.C. 78q-1(b)(3)(F); 17 CFR 240.17Ad-22(d)(3).
---------------------------------------------------------------------------

A. Consistency With Section 17A(b)(3)(F)

    Section 17A(b)(3)(F) of the Act requires, in part, that the rules
of a clearing agency be designed to promote the prompt and accurate
clearance and settlement of securities transactions, to assure the
safeguarding of securities and funds which are in the custody or
control of the Clearing Agency or for which it is responsible, and, in
general, to protect investors and the public interest.\20\
---------------------------------------------------------------------------

    \20\ 15 U.S.C. 78q-1(b)(3)(F).
---------------------------------------------------------------------------

    As described above, the investment guidelines and governance
procedures set forth in the Clearing Agency Investment Policy would
adhere to a conservative investment philosophy that places the highest
priority on maximizing liquidity and avoiding risk to the funds in the
custody of the Clearing Agencies. The Clearing Agency Investment Policy
would require the segregation of funds of each Clearing Agency,
including by fund type, to help ensure that the funds of one Clearing
Agency would be protected from the risk of default of another Clearing
Agency. Further, the Clearing Agency Investment Policy would require
that each Clearing Agency invest its funds in instruments with minimal
credit, market, and liquidity risks. For instance, excluding the
general corporate funds of the Clearing Agencies, funds could only be
invested in collateralized reverse-repurchase agreements, U.S.
government debt, certain money market mutual funds, or deposited at a
bank, such as the Federal Reserve Bank of New York. Additionally, the
Clearing Agency Investment Policy also would require that the Clearing
Agencies evaluate the credit risk of investment counterparties to help
mitigate exposure of the funds to an investment counterparty default.
Similarly, the Clearing Fund Investment Policy would establish
investment limits by counterparty, as well as investment type, which
would also help limit the Clearing Agencies' exposure to any single
investment counterparty and, thus, limit potential losses of
investments if a counterparty would default.
    Because the Clearing Fund Investment Policy would adhere to a
conservative investment philosophy that places a premium on maximizing
liquidity and avoiding risk, the invested funds should be readily
available to promptly facilitate end-of-day settlement, including in
the event of a default by a member of a Clearing Agency. Therefore, the
Clearing Agency Investment Policy would help assure the safeguarding of
securities and funds in the custody and control of the Clearing
Agencies, which, in turn, helps promote the prompt and accurate
clearance and settlement of securities transactions by the Clearing
Agencies. Likewise, the safeguarding of securities and funds in the
Clearing Agencies control would further the protection of investors and
the public interest by ensuring that trades are settled even in the
event of a default by a member of a Clearing Agency, consistent with
Section 17A(b)(3)(F) of the Act.\21\
---------------------------------------------------------------------------

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

B. Consistency With Rule 17Ad-22(d)(3)

    Rule 17Ad-22(d)(3), promulgated under the Act, requires a clearing
agency to establish, implement, maintain and enforce written policies
and procedures reasonably designed to hold assets in a manner that
minimizes risk of loss or delay in its access to them and to invest
assets in instruments with minimal credit, market and liquidity
risks.\22\ As stated above, the Clearing Agency Investment Policy would
follow a conservative investment philosophy, placing the highest
priority on maximizing liquidity and avoiding risk of loss. The
Clearing Agency Investment Policy would require the segregation of
funds of each Clearing Agency, necessitate the use of external credit
ratings in the evaluation of counterparties where non-general corporate
funds are invested, and establish investment limits by counterparty as
well as investment type. Further, the Clearing Agency Investment Policy
would require that each Clearing Agency invest its funds in instruments
with minimal credit, market, and liquidity risks. As such, the Clearing
Agency Investment Policy is consistent with the requirements of Rule
17Ad-22(d)(3), promulgated under the Act.\23\
---------------------------------------------------------------------------

    \22\ 17 CFR 240.17Ad-22(d)(3).
    \23\ Id.
---------------------------------------------------------------------------

III. Solicitation of Comments on Amendments No. 1

    Interested persons are invited to submit written data, views, and
arguments concerning Amendments No. 1 to File Numbers SR-DTC-2016-007,
SR-FICC-2016-005, and SR-NSCC-2016-003, including whether Amendments
No. 1 are 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-DTC-2016-005, SR-FICC-2016-005, or SR-NSCC-2016-003 on
the subject line.

Paper Comments

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

All submissions should refer to File Number SR-DTC-2016-007, SR-FICC-
2016-005, or SR-NSCC-2016-003. The 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 Changes that are filed
with the Commission, and all written communications relating to the
Proposed Rule Changes between the Commission and any person, other than
those that may be withheld from the public in accordance with the
provisions of 5 U.S.C. 552, will be available for Web site viewing and
printing in the Commission's Public Reference Room, 100 F Street NE.,
Washington, DC 20549 on official business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the filings also will be available
for inspection and copying at the principal office of DTCC and on
DTCC's Web site (http://dtcc.com/legal/sec-rule-filings.aspx). 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-DTC-2016-007, SR-FICC-2016-
005, or SR-NSCC-2016-003 and should be submitted on or before January
3, 2017.

IV. Accelerated Approval of the Proposed Rule Changes, as Modified by
Amendments No. 1

    The Commission, pursuant to Section 19(b)(2) of the Act,\24\ finds
good cause to approve the Proposed Rule Changes, as modified by
Amendments No. 1, prior to the thirtieth day after the date of
publication of Amendments No. 1 in the Federal Register. In Amendments
No. 1, the Clearing Agencies make a technical correction to the
Clearing Agency Investment Policy. The originally filed Clearing Agency
Investment Policy referenced a pending request for no action relief
with the Commission regarding how NSCC would invest funds in its Fully-
Paid-For Account. On December 1, 2016, the Division took a no-action
position regarding how NSCC could invest funds in its Fully-Paid-For
Account.\25\ As such, Amendments No. 1 would amend the Clearing Agency
Investment Policy to reflect the Division's position.
---------------------------------------------------------------------------

    \24\ 15 U.S.C. 78s(b)(2).
    \25\ See NSCC, SEC No-Action Letter (December 1, 2016),
available at https://www.sec.gov/divisions/marketreg/mr-noaction/2016/national-securities-clearing-corporation-120116.pdf.
---------------------------------------------------------------------------

    As discussed more fully above, the Commission finds that the
Proposed Rule Changes, as modified by Amendments No. 1, will establish
a Clearing Agency Investment Policy that adheres to a conservative
investment philosophy that places the highest priority on maximizing
liquidity and avoiding risk to the funds in the custody of the Clearing
Agencies, thereby promoting the prompt and accurate clearance and
settlement of securities, consistent with Section 17A(b)(3)(F) of the
Act, cited above. The Commission also finds, as discussed above, that
via the Proposed Rule Changes, as modified by Amendments No. 1, NSCC
will hold the described funds in a manner that minimizes the risk of
loss or delay in access to them and will invest the funds in
instruments with minimal credit, market and liquidity risks, consistent
with Rule 17Ad-22(d)(3) of the Act, cited above. Additionally, the
Commission finds that Amendments No. 1 only made a technical, non-
substantive change to the Investment Policy as originally proposed.
Accordingly, the Commission finds good cause for approving the Proposed
Rule Changes, as modified by Amendments No. 1, on an accelerated basis,
pursuant to Section 19(b)(2) of the Act.\26\
---------------------------------------------------------------------------

    \26\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------

V. Conclusion

    On the basis of the foregoing, the Commission finds that the
Proposed Rule Changes, as modified by Amendments No. 1, are consistent
with the requirements of the Act and in particular with the
requirements of Section 17A of the Act \27\ and the rules and
regulations thereunder.
---------------------------------------------------------------------------

    \27\ 15 U.S.C. 78q-1.
---------------------------------------------------------------------------

    It is therefore ordered, pursuant to Section 19(b)(2) of the Act,
that proposed rule changes SR-DTC-2016-007, SR-FICC-2016-005, and SR-
NSCC-2016-003, as modified by Amendments No. 1, be, and hereby are,
approved on an accelerated basis.\28\
---------------------------------------------------------------------------

    \28\ In approving the Proposed Rule Changes, the Commission
considered the proposals' impact on efficiency, competition, and
capital formation. 15 U.S.C. 78c(f).

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\29\
Eduardo A. Aleman,
Assistant Secretary.
---------------------------------------------------------------------------

    \29\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

[FR Doc. 2016-30256 Filed 12-15-16; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register Volume 80, Number 136 (Thursday, July 16, 2015)]
[Notices]
[Pages 42149-42151]
[FR Doc No: 2015-17402]

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

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-75428; File No. SR-FINRA-2015-025]

Self-Regulatory Organizations; Financial Industry Regulatory
Authority, Inc.; Notice of Filing of a Proposed Rule Change To Amend
FINRA Rule 6730 (Transaction Reporting) To Require Members To Report
Transactions in TRACE-Eligible Securities as Soon as Practicable

July 10, 2015.
    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 July 2, 2015, Financial Industry Regulatory Authority, Inc.
(``FINRA'') 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 FINRA. 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

    FINRA is proposing to codify that members are required to report
transactions in TRACE-Eligible Securities subject to dissemination as
soon as practicable.
    The text of the proposed rule change is available on FINRA's Web
site at http://www.finra.org, at the principal office of FINRA 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, FINRA 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. FINRA 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
    FINRA Rule 6730 (Transaction Reporting) generally requires that
each FINRA member that is a Party to a Transaction \3\ in a TRACE-
Eligible Security \4\ report the transaction within 15 minutes of the
Time of Execution,\5\ unless a different time period for the security
is otherwise specified in the rule, or the transaction report will be
deemed ``late.'' Paragraph (a)(4) of Rule 6730 further provides that
members have an ongoing obligation to report transaction information
promptly, accurately and completely.\6\
---------------------------------------------------------------------------

    \3\ Rule 6710(e) provides that a ``Party to a Transaction'' is
an introducing broker-dealer, if any, an executing broker-dealer, or
a customer. ``Customer'' includes a broker-dealer that is not a
FINRA member.
    \4\ Rule 6710(a) provides that a ``TRACE-Eligible Security'' is
a debt security that is United States dollar-denominated and issued
by a U.S. or foreign private issuer, and, if a ``restricted
security'' as defined in Securities Act Rule 144(a)(3), sold
pursuant to Securities Act Rule 144A; or is a debt security that is
U.S. dollar-denominated and issued or guaranteed by an Agency as
defined in paragraph (k) or a Government-Sponsored Enterprise as
defined in paragraph (n). ``TRACE-Eligible Security'' does not
include a debt security that is: Issued by a foreign sovereign, a
U.S. Treasury Security as defined in paragraph (p), or a Money
Market Instrument as defined in paragraph (o).
    \5\ Among other things, Rule 6710(d) provides that the ``Time of
Execution'' for a transaction in a TRACE-Eligible Security means the
time when the Parties to a Transaction agree to all of the terms of
the transaction that are sufficient to calculate the dollar price of
the trade.
    \6\ While a member may employ an agent for the purpose of
submitting transaction information, the primary responsibility for
the timely, accurate and complete reporting of transaction
information remains the non-delegable duty of the member obligated
to report the transaction.
---------------------------------------------------------------------------

    FINRA is filing this proposed rule change to codify that members
are expected to report transactions in TRACE-Eligible Securities that
are subject to dissemination as soon as practicable following the Time
of Execution, and must not deliberately delay their reporting.\7\ While
FINRA provides a time period for members to conduct the necessary
actions to report transactions, FINRA believes it is important for
public price transparency that members do not delay reporting executed
transactions and has conveyed this expectation to members.\8\ FINRA

now proposes to amend Rule 6730 to provide in the rule text that each
member that is a Party to a Transaction in a TRACE-Eligible Security
that is subject to dissemination must report the transaction to TRACE
as soon as practicable, but no later than within 15 minutes of the Time
of Execution, or other timeframe specified in Rule 6730. Further, the
proposed amendment includes new Supplementary Material .03 to provide
additional guidance around FINRA's expectations regarding the
timeliness of reports submitted to TRACE. Specifically, new Rule
6730.03 provides that members must adopt policies and procedures
reasonably designed to comply with the requirement that transactions in
TRACE-Eligible Securities that are subject to dissemination be reported
as soon as practicable by implementing systems that commence the trade
reporting process at the Time of Execution without delay. In addition,
where a member has such reasonably designed policies, procedures and
systems in place, the member generally will not be viewed as violating
the ``as soon as practicable'' requirement because of delays in trade
reporting that are due to extrinsic factors that are not reasonably
predictable and where the member does not purposely intend to delay the
reporting of the trade. In no event may a member purposely withhold
trade reports, e.g., by programming its systems to delay reporting
until the end of the reporting time period.
---------------------------------------------------------------------------

    \7\ FINRA Rule 6750 (Dissemination of Transaction Information)
provides that FINRA will disseminate information on all transactions
in TRACE-Eligible Securities, including transactions effected
pursuant to Securities Act Rule 144A, immediately upon receipt of
the transaction report, except as specified in the rule.
    \8\ For example, in a Notice regarding TRACE trade reporting
obligations for transactions in Asset-Backed Securities (ABS), FINRA
stated that, although firms have up to two business days to report
transactions in ABSs, firms should submit reports as soon as
practicable after the execution of a transaction and throughout the
trading day, rather than queuing such reports until the end of the
reporting time period. Trade Reporting Notice, May 10, 2011
(Reporting Asset-Backed Securities to the Trade Reporting and
Compliance Engine). In addition, in Regulatory Notice 12-52
(December 2012), FINRA stated that transactions in securities
subject to TRACE reporting requirements should be reported without
delay, even though the TRACE rule generally allows for up to 15
minutes to report transactions in corporate and agency debt
securities. See also Letter from Brant K. Brown, Associate General
Counsel, FINRA, to Elizabeth M. Murphy, Secretary, Securities and
Exchange Commission, dated August 29, 2012 (Letter Responding to
Comments received on SR-FINRA-2012-025). FINRA also has already
codified the ``as soon as practicable'' requirement for the
reporting of transactions to the equity trade reporting facilities,
which require reporting as soon as practicable but no later than 10
seconds after execution. See FINRA Rules 6282 (governing transaction
reporting on the ADF), 6380A (governing transaction reporting on the
FINRA/NASDAQ TRF), 6380B (governing transaction reporting on the
FINRA/NYSE TRF) and 6622 (Transaction Reporting on the FINRA ORF).
---------------------------------------------------------------------------

    The supplementary material also recognizes that members may
manually report transactions in TRACE-Eligible Securities and, as a
result, the trade reporting process may not be completed as quickly as
where an automated trade reporting system is used. In these cases,
FINRA will take into consideration the manual nature of the member's
trade reporting process in determining whether the member's policies
and procedures are reasonably designed to report the trade ``as soon as
practicable'' after execution. FINRA believes that codifying this ``as
soon as practicable'' requirement is necessary to promote consistent
and timely reporting by all members and will improve the usefulness of
disseminated TRACE information for investors.
    If the Commission approves the filing, FINRA will announce the
effective date of the proposed rule change in a Regulatory Notice to be
published no later than 60 days following Commission approval. The
effective date will be no sooner than 30 days following publication of
the Regulatory Notice announcing Commission approval.
 2. Statutory Basis
    FINRA believes that the proposed rule change is consistent with the
provisions of section 15A(b)(6) of the Act,\9\ which requires, among
other things, that FINRA rules must be designed to prevent fraudulent
and manipulative acts and practices, to promote just and equitable
principles of trade, and, in general, to protect investors and the
public interest. In particular, the proposed rule would require that
members report transactions in TRACE-Eligible Securities that are
subject to dissemination as soon as practicable from the Time of
Execution. FINRA believes it is important to ensure that members do not
delay the reporting of executed transactions, particularly, for
example, by imbedding into the trade reporting process deliberate
delays until the end of the reporting time period. Specifically, the
proposed rule change will help improve the value of transaction
information for price transparency, which enhances its value for
regulators, investors and other market participants.
---------------------------------------------------------------------------

    \9\ 15 U.S.C. 78o-3(b)(6).
---------------------------------------------------------------------------

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

    FINRA does not believe that the proposed rule change will result in
any burden on competition that is not necessary or appropriate in
furtherance of the purposes of the Act.
Economic Impact Assessment
    The proposed rule change seeks to codify that members are expected
to report transactions in TRACE-Eligible Securities as soon as
practicable following the Time of Execution, and must not deliberately
delay their reporting.
    The economic baseline of the proposed rule change is the current
rules and industry practice relating to trade reporting. As discussed
above, the proposed rule change is consistent with FINRA's current
expectation that members submit trade reports as soon as practicable.
Further, FINRA understands that the vast majority of firms that report
transactions to TRACE have automated their trade reporting systems,
which may facilitate their ability to comply with this rule.
    For example, based on a review of TRACE trade reporting data from
January 2014 through December 2014, over 90% of trade reports in
corporate and agency debt are submitted within five minutes of the time
of execution, and 79% percent were reported within one minute.
Approximately 71% of trade reports in securitized products are
submitted within five minutes of execution, and over 55% were reported
within one minute.
    FINRA recognizes that reporting within a short time frame may not
mean that firms are reporting as soon as practicable, but does indicate
general timeliness in reporting. FINRA has observed instances that
appear to indicate firms have taken more time than is operationally
necessary to report trades, which results in delays in transaction
information reaching investors and other market participants, and may
raise the possibility that certain firms may have intentionally delayed
trade reporting, possibly to delay public dissemination of the trade.
FINRA believes such conduct is inconsistent with the purpose of the
trade reporting rules and further believes that explicitly prohibiting
such conduct is important for the effective operation of the rule.
    Therefore, FINRA expects that the primary economic benefit arising
from this proposed rule change will be a reduction in the delay between
a transaction's Time of Execution and when a member reports the trade
to TRACE, which will result in more timely information being
disseminated to investors and other market participants. FINRA also
believes that the proposal will provide further clarity as to the
operation of Rule 6730--particularly in clarifying that intentionally
delaying trade reporting is

violative of a member's ongoing obligation to report transaction
information to TRACE promptly. FINRA anticipates that this rule will
not impose any significant new compliance costs on members.

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

    Written comments were neither solicited nor received.

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

    Within 45 days of the date of publication of this notice in the
Federal Register or within such longer period (i) as the Commission may
designate up to 90 days of such date if it finds such longer period to
be appropriate and publishes its reasons for so finding or (ii) as to
which the self-regulatory organization consents, the Commission will:
    (A) By order approve or disapprove such proposed rule change, or
    (B) institute proceedings to determine whether the proposed rule
change should be disapproved.

IV. Solicitation of Comments

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

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to<EMAIL_ADDRESS>Please include
File Number SR-FINRA-2015-025 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-FINRA-2015-025. This
file number should be included on the subject line if email is used. To
help the Commission process and review your comments more efficiently,
please use only one method. The Commission will post all comments on
the Commission's Internet Web site (http://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all
written statements with respect to the proposed rule change that are
filed with the Commission, and all written communications relating to
the proposed rule change between the Commission and any person, other
than those that may be withheld from the public in accordance with the
provisions of 5 U.S.C. 552, will be available for Web site viewing and
printing in the Commission's Public Reference Room, 100 F Street NE.,
Washington, DC 20549, on official business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the filing also will be available
for inspection and copying at the principal office of FINRA. 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-FINRA-2015-025 and should be
submitted on or before August 6, 2015.

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

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

Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015-17402 Filed 7-15-15; 8:45 am]
BILLING CODE 8011-01-P


ENVIRONMENTAL PROTECTION AGENCY

[EPA-HQ-OECA-2007-0558; FRL-       ]

Agency Information Collection Activities; Submission to OMB for Review
and Approval; Comment Request; Recordkeeping Requirements for Producers
of Pesticides Under Section 8 of the Federal Insecticide, Fungicide, and
Rodenticide Act (FIFRA); EPA ICR No. 0143.10, OMB Control No. 2070-0028

AGENCY:	Environmental Protection Agency

ACTION:	Notice.

SUMMARY:	In compliance with the Paperwork Reduction Act (PRA)(44 U.S.C.
3501 et seq.), this document announces that an Information Collection
Request (ICR) has been forwarded to the Office of Management and Budget
(OMB) for review and approval.  This is a request to renew an existing
approved collection.  The ICR,   SEQ CHAPTER \h \r 1 which is abstracted
below, describes the nature of the information collection and its
estimated burden and cost.

DATES: Additional comments may be submitted on or before [insert date 30
days after publication in the Federal Register

ADDRESSES:  Submit your comments, referencing Docket ID No.
EPA-HQ-OECA-2007-0558,  to (1) EPA online using www.regulations.gov (our
preferred method), by email to<EMAIL_ADDRESS>or by mail to: EPA
Docket Center, Environmental Protection Agency, EPA Docket Center, Mail
Code: 2201T, 1200 Pennsylvania Ave., NW, Washington, DC 20460, and (2)
OMB by mail to: Office of Information and Regulatory Affairs, Office of
Management and Budget (OMB), Attention: Desk Officer for EPA, 725 17th
Street, NW, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT:  Robin Nogle, Office of
Compliance/Agriculture Division, Mail Code: 2225A, Environmental
Protection Agency, 1200 Pennsylvania Ave., NW, Washington, DC 20460;
telephone number:<PHONE_NUMBER>; fax number:<PHONE_NUMBER>; email
address<EMAIL_ADDRESS>

SUPPLEMENTARY INFORMATION:  EPA has submitted the following ICR to OMB
for review and approval according to the procedures prescribed in 5 CFR
1320.12. On August 20, 2007  (72 FR 46462), EPA sought comments on this
ICR pursuant to 5 CFR 1320.8(d).  EPA received one comment   SEQ CHAPTER
\h \r 1 during the comment period, which is addressed in the ICR.  Any
additional comments on this ICR should be submitted to EPA and OMB
within 30 days of this notice.

	 EPA has established a public docket for this ICR under Docket ID No.
EPA-HQ-OECA-2007-0558, which is available for   SEQ CHAPTER \h \r 1
online viewing at   HYPERLINK "http://www.regulations.gov"
www.regulations.gov ,   SEQ CHAPTER \h \r 1 or in person viewing at the
Enforcement and Compliance Docket in the EPA Docket Center (EPA/DC), EPA
West, Room 3334, 1301 Constitution Ave., NW, Washington, DC.  The EPA/DC
Public Reading Room   SEQ CHAPTER \h \r 1 is open from 8 a.m. to 4:30
p.m., Monday through Friday, excluding legal holidays. The telephone
number for the Reading Room is<PHONE_NUMBER>, and the telephone number
for the Enforcement and Compliance Docket is<PHONE_NUMBER>.

	Use EPA’s electronic docket and comment system at   HYPERLINK
"http://www.regulations.gov"  www.regulations.gov , to submit or view
public comments, access the index listing of the contents of the docket,
and to access those documents in the docket that are available
electronically.  Once in the system, select “docket search,” then
key in the docket ID number identified above.   Please note that EPA’s
policy is that public comments, whether submitted electronically or in
paper, will be made available for public viewing at   HYPERLINK
"http://www.regulations.gov"  www.regulations.gov   as EPA receives them
and without change, unless the comment contains copyrighted material,
Confidential Business Information (CBI), or other information whose
public disclosure is restricted by statute.    SEQ CHAPTER \h \r 1 For
further information about the electronic docket, go to   HYPERLINK
"http://www.regulations.gov"  www.regulations.gov .

Title:  Recordkeeping Requirements for Producers of Pesticides Under
Section 8 of the Federal Insecticide, Fungicide, and Rodenticide Act
(FIFRA)

ICR numbers:  EPA ICR No. 0143.10, OMB Control No. 2070-0028.

ICR Status: This ICR is scheduled to expire on December 31, 2007. Under
OMB regulations, the Agency may continue to conduct or sponsor the
collection of information while this submission is pending at OMB.  An
Agency may not conduct or sponsor, and a person is not required to
respond to, a collection of information, unless it displays a currently
valid OMB control number. The OMB control numbers for EPA's regulations
in title 40 of the CFR, after appearing in the Federal Register when
approved, are listed in 40 CFR part 9, are displayed either by
publication in the Federal Register or by other appropriate means, such
as on the related collection instrument or form, if applicable.  The
display of OMB control numbers in certain EPA regulations is
consolidated in 40 CFR part 9.

Abstract:  Producers of pesticides must maintain certain records with
respect to their operations and make such records available for
inspection and copying as specified in section 8 of the Federal
Insecticide, Fungicide, and Rodenticide Act (FIFRA) and in regulations
at 40 CFR Part 169.  This information collection is mandatory under
FIFRA section 8.  It is used by the Agency to determine compliance with
the Act.  The information is used by EPA Regional pesticide enforcement
and compliance staffs, the Office of Enforcement and Compliance
Assurance (OECA), and the Office of Pesticide Programs (OPP) within the
Office of Prevention, Pesticides and Toxic Substances (OPPTS), as well
as the U.S. Department of Agriculture (USDA), the Food and Drug
Administration (FDA), and other Federal agencies, States under
Cooperative Enforcement Agreements, and the public.  An agency may not
conduct or sponsor, and a person is not required to respond to, a
collection of information unless it displays a currently valid OMB
control number.

Burden Statement:  The annual public reporting and recordkeeping burden
for this collection of information is estimated to average 2 hours per
response.  Burden means the total time, effort, or financial resources
expended by persons to generate, maintain, retain, or disclose or
provide information to or for a Federal agency.  This includes the time
needed to review instructions; develop, acquire, install, and utilize
technology and systems for the purposes of collecting, validating, and
verifying information, processing and maintaining information, and
disclosing and providing information; adjust the existing ways to comply
with any previously applicable instructions and requirements which have
subsequently changed; train personnel to be able to respond to a
collection of information; search data sources; complete and review the
collection of information; and transmit or otherwise disclose the
information.

Respondents/Affected Entities:  Producers of pesticides for sale or
distribution in the United States.

	Estimated Number of Respondents:  13,400

	Frequency of Response:  Annual

	Estimated Total Annual Hour Burden:  26,800

	Estimated Total Annual Cost:  $1,227,976.  There are no annualized
capital or O&M costs associated with this ICR since all equipment
associated with this ICR is present as part of ordinary business
practices.

	Changes in the Estimates: There is an increase of 893 hours in the
total estimated burden currently identified in the OMB Inventory of
Approved ICR Burdens.  This increase is an adjustment due to a change in
the number of respondents since the last ICR.

Dated:  _____________

_____________________________

Sara Hisel-McCoy, Director, Collection Strategies Division.

Page   PAGE  1  of   NUMPAGES  4


[Federal Register Volume 77, Number 67 (Friday, April 6, 2012)]
[Rules and Regulations]
[Page 20727]
[FR Doc No: C1-2011-25157]

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DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

44 CFR Part 65

[Docket ID FEMA-2011-0002; Internal Agency Docket No. FEMA-B-1219]

Changes in Flood Elevation Determinations

Correction

    In rule document 2011-25157 appearing on pages 60748-60751 in the
issue of Friday, September 30, 2011, make the following corrections:

Sec.  65.4  [Corrected]

    1. In the table appearing on page 60750, in the column titled
``Chief executive officer of the community'', the eighth entry from the
bottom of the page, ``199 Town Center, Parkway Spring Hill, TN 37174''
should read ``199 Town Center Parkway, Spring Hill, TN 37174''.
    2. In the table appearing on page 60750, the last entry in the
column titled ``Chief executive officer of the community'', ``301 West
2nd Street, 2nd Floor Austin, Texas 78701'' should read ``301 West 2nd
Street, 2nd Floor, Austin, Texas 78701''.

[FR Doc. C1-2011-25157 Filed 4-5-12; 8:45 am]
BILLING CODE 1505-01-P


[Federal Register Volume 88, Number 143 (Thursday, July 27, 2023)]
[Notices]
[Pages 48462-48463]
[FR Doc No: 2023-15939]

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

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Project No. 20-117 and 703-001]

PacifiCorp; Notice of Amendment and Surrender Applications
Accepted for Filing and Soliciting Comments, Motions To Intervene, and
Protests

    Take notice that the following hydroelectric applications have been
filed with the Commission and are available for public inspection:
    a. Application Types: Non-capacity Amendment of License Surrender
of Conduit Exemption.
    b. Project Nos: 20-117, 703-001.
    c. Date Filed: March 16, 2023.
    d. Applicant: PacifiCorp.
    e. Name of Projects: Bear River Hydroelectric Project, Paris
Hydroelectric Project.
    f. Location: The projects are located on Bear River in Franklin and
Caribou counties, Idaho; and Paris Creek in Bear Lake County, Idaho.
    g. Filed Pursuant to: Federal Power Act, 16 U.S.C. 791a-825r.
    h. Applicant Contact: Mark Stenberg, Project Manager, PacifiCorp.,
822 Grace Power Plant Rd., Grace, ID 83241,
[email protected], Telephone:<PHONE_NUMBER>.
    i. FERC Contact: Jennifer Ambler,<PHONE_NUMBER>,
[email protected] or Holly Frank,<PHONE_NUMBER>,
[email protected].
    j. Deadline for filing comments, motions to intervene, and
protests: August 21, 2023.
    The Commission strongly encourages electronic filing. Please file
comments, motions to intervene, and protests using the Commission's
eFiling system at http://www.ferc.gov/docs-filing/efiling.asp.
Commenters can submit brief comments up to 6,000 characters, without
prior registration, using the eComment system at http://www.ferc.gov/docs-filing/ecomment.asp. You must include your name and contact
information at the end of your comments. For assistance, please contact
FERC Online Support at [email protected],<PHONE_NUMBER> (toll
free), or<PHONE_NUMBER> (TTY). In lieu of electronic filing, you may
submit a paper copy. Submissions sent via the U.S. Postal Service must
be addressed to: Kimberly D. Bose, Secretary, Federal Energy Regulatory
Commission, 888 First Street NE, Room 1A, Washington, DC 20426.
Submissions sent via any other carrier must be addressed to: Kimberly
D. Bose, Secretary, Federal Energy Regulatory Commission, 12225 Wilkins
Avenue, Rockville, Maryland 20852. The first page of any filing should
include the docket number P-20-117 and/or P-703-001. Comments emailed
to Commission staff are not considered part of the Commission record.
    The Commission's Rules of Practice and Procedure require all
intervenors filing documents with the Commission to serve a copy of
that document on each person whose name appears on the official service
list for the project. Further, if an intervenor files comments or
documents with the Commission relating to the merits of an issue that
may affect the responsibilities of a particular resource agency, they
must also serve a copy of the document on that resource agency.
    k. Description of Request: PacifiCorp's proposal to surrender the
Paris Project exemption (P-703) is part of a larger habitat restoration
effort proposed by PacifiCorp and the parties to a relicensing
settlement agreement for PacifiCorp's Bear River Hydroelectric Project
(P-20). PacifiCorp proposes to decommission the Paris Project and stop
the diversion of water from Paris Creek into the irrigation canal that
serves the Paris Project. After decommissioning and exemption
surrender, flows currently diverted through the canal would be returned
to Paris Creek for the enhancement and restoration of approximately 3.5
miles of cold-water habitat for Bonneville Cutthroat Trout in the
currently bypassed reach of Paris Creek.
    To partially mitigate the cost of the proposed decommissioning of
the Paris Project, PacifiCorp proposes to amend the license for the
Bear River Project to reduce the minimum instream flow requirement in
the Grace Development's bypassed reach. This reduction in required
minimum instream flow would allow PacifiCorp to increase hydroelectric
generation at the Grace Development to offset lost generation
associated with the Paris Project decommissioning.
    l. Locations of the Application: This filing may be viewed on the
Commission's website at http://www.ferc.gov using the ``eLibrary''
link. Enter the docket number excluding the last three digits in the
docket number field to access the document. You may also register
online at http://www.ferc.gov/docs-filing/esubscription.asp to be
notified via email of new filings and issuances related to this or
other pending projects. For assistance, call 1-866-208-3676 or email
[email protected], for TTY, call<PHONE_NUMBER>. Agencies may
obtain copies of the application directly from the applicant.

    m. Individuals desiring to be included on the Commission's mailing
list should so indicate by writing to the Secretary of the Commission.
    n. Comments, Protests, or Motions to Intervene: Anyone may submit
comments, a protest, or a motion to intervene in accordance with the
requirements of Rules of Practice and Procedure, 18 CFR 385.210, .211,
.214, respectively. In determining the appropriate action to take, the
Commission will consider all protests or other comments filed, but only
those who file a motion to intervene in accordance with the
Commission's Rules may become a party to the proceeding. Any comments,
protests, or motions to intervene must be received on or before the
specified comment date for the particular application.
    o. Filing and Service of Documents: Any filing must (1) bear in all
capital letters the title ``COMMENTS'', ``PROTEST'', or ``MOTION TO
INTERVENE'' as applicable; (2) set forth in the heading the name of the
applicant and the project number of the application to which the filing
responds; (3) furnish the name, address, and telephone number of the
person commenting, protesting or intervening; and (4) otherwise comply
with the requirements of 18 CFR 385.2001 through 385.2005. All
comments, motions to intervene, or protests must set forth their
evidentiary basis. Any filing made by an intervenor must be accompanied
by proof of service on all persons listed in the service list prepared
by the Commission in this proceeding, in accordance with 18 CFR
385.2010.
    p. The Commission's Office of Public Participation (OPP) supports
meaningful public engagement and participation in Commission
proceedings. OPP can help members of the public, including landowners,
environmental justice communities, Tribal members and others, access
publicly available information and navigate Commission processes. For
public inquiries and assistance with making filings such as
interventions, comments, or requests for rehearing, the public is
encouraged to contact OPP at<PHONE_NUMBER> or [email protected].

    Dated: July 21, 2023.
Kimberly D. Bose,
Secretary.
[FR Doc. 2023-15939 Filed 7-26-23; 8:45 am]
BILLING CODE 6717-01-P


                             Napropamide (103001)
                     Screening Level Usage Analysis (SLUA)
                            Date: 9 September 2015

What is a Screening Level Usage Analysis (SLUA)?
 Available estimates of pesticide usage data for a particular active ingredient that is used on agricultural crops in the United States.
 Pesticide usage data obtained from various sources.  The data are then merged, averaged, and rounded so that the presented information is not proprietary, business confidential, or trade secret.
What does it contain?
 Pesticide usage data for a single active ingredient only.
 Agricultural use sites (crops) that the pesticide is reported to be used on.
 Available pesticide usage information from U.S. states that produce 80% or more of a crop, in most cases, or less than 80%, in rare cases, depending on the scope of the survey and available resources.
 Annual percent of crop treated (average & maximum) for each agricultural crop.
 Average annual pounds of the pesticide applied for each agricultural crop (i.e., for the states surveyed, not for the entire United States).
What assumptions can I make about the reported data?
 Average pounds of active ingredient applied - Values are calculated by merging pesticide usage data sources together; averaging across all observations, then rounding.  Note:  If the estimated value is less than 500, then that value is labeled <500.  Estimated values between 500 & <1,000,000 are rounded to 1 significant digit.  Estimated values of 1,000,000 or greater are rounded to 2 significant digits.)
 Average percent of crop treated - Values are calculated by merging data sources together; averaging by year, averaging across all years, & rounding to the nearest multiple of 5.  Note:  If the estimated value is less than 2.5, then the value is labeled <2.5.  If the estimated value is less than 1, then the value is labeled <1.
 Maximum percent of crop treated - Value is the single maximum value reported across all data sources, across all years, & rounded up to the nearest multiple of 5.  Note:  If the estimated value is less than 2.5, then the value is labeled <2.5.
What are the data sources used?
 USDA-NASS (United States Department of Agriculture's National Agricultural Statistics Service)  -  pesticide usage data from 2004 to 2013.
 Private pesticide market research  -  pesticide usage data from 2004 to 2013.
 California Department of Pesticide Regulation (DPR) Pesticide Use Reporting (PUR) data for 2004 to 2012.
What are the limitations to the data?
 Additional registered uses may exist but are not included because the available surveys do not report usage (e.g., small acreage crops).
 Lack of reported usage data for the pesticide on a crop does not imply zero usage.
 Usage data on a particular site may be noted in data sources, but not quantified.  In these instances, the site would not be reported in the SLUA.
 Non-agricultural use sites (e.g., turf, post-harvest, mosquito control, etc.) are not reported in the SLUA.  A separate request must be made to receive these estimates.
 Some sites show some use, even though they are not on the label.  This usage could be due to various factors, including, but not limited to Section 18 requests, existing stocks of the chemical, data collection errors, and experimental use permits (EUPs).

                               9 September 2015

    Screening Level Estimates of Agricultural Uses of Napropamide (103001)
             Sorted Alphabetically  -  Reporting Time:  2004-2013

                                     Crop
                               Average Lbs. A.I.
                               Applied per Year
                             Percent Crop Treated

                                    Average
                                    Maximum
                                       1
Almonds
                                    10,000
                                    <2.5
                                    <2.5
                                       2
Apples
                                     3,000
                                     <1
                                    <2.5
                                       3
Artichokes
                                     1,000
                                       5
                                      10
                                       4
Asparagus
                                     1,000
                                    <2.5
                                    <2.5
                                       5
Blueberries
                                    <500
                                     <1
                                    <2.5
                                       6
Broccoli
                                     2,000
                                       5
                                      10
                                       7
Brussels Sprouts *
                                    <500
                                    <2.5
                                       5
                                       8
Cabbage
                                     4,000
                                       5
                                      15
                                       9
Caneberries
                                     2,000
                                    <2.5
                                       5
                                      10
Cantaloupes
                                     1,000
                                    <2.5
                                    <2.5
                                      11
Cauliflower
                                     2,000
                                       5
                                      10
                                      12
Cherries
                                    <500
                                     <1
                                    <2.5
                                      13
Cucumbers +
                                     1,000
                                     <1
                                    <2.5
                                      14
Fallow
                                    10,000
                                     <1
                                    <2.5
                                      15
Grapefruit
                                    <500
                                     <1
                                    <2.5
                                      16
Grapes
                                    20,000
                                    <2.5
                                    <2.5
                                      17
Nectarines *
                                    <500
                                     <1
                                    <2.5
                                      18
Oranges
                                     6,000
                                     <1
                                    <2.5
                                      19
Pasture
                                    10,000
                                     <1
                                    <2.5
                                      20
Peaches
                                     1,000
                                     <1
                                    <2.5
                                      21
Peppers
                                     9,000
                                      10
                                      20
                                      22
Pistachios
                                     2,000
                                     <1
                                    <2.5
                                      23
Plums/Prunes
                                     3,000
                                    <2.5
                                    <2.5
                                      24
Pomegranates *
                                     1,000
                                    <2.5
                                    <2.5
                                      25
Pumpkins
                                     1,000
                                     <1
                                    <2.5
                                      26
Squash
                                    <500
                                    <2.5
                                    <2.5
                                      27
Strawberries
                                    10,000
                                      10
                                      20
                                      28
Tangerines
                                    <500
                                     <1
                                    <2.5
                                      29
Tobacco
                                    30,000
                                      10
                                      15
                                      30
Tomatoes
                                    10,000
                                    <2.5
                                       5
                                      31
Walnuts
                                     1,000
                                     <1
                                    <2.5
                                      32
Watermelons
                                    <500
                                     <1
                                    <2.5
All numbers rounded.
                                                                        <500
Less than 500 pounds of active ingredient
                                                                        <2.5
Less than 2.5 percent of crop treated
                                                                          <1
Less than 1 percent of crop treated

                                                                              *
Based on CA DPR data only (valid because 80% or more of U.S. acres grown are in California)
                                                                              +
Crops not known to be listed on active end use product registrations or as Section 18 emergency
exemptions when this report was run.

SLUA data sources include:
  USDA-NASS (United States Department of Agriculture's National Agricultural Statistics Service)
Private Pesticide Market Research
  California DPR (Department of Pesticide Regulation)

These results reflect amalgamated data developed by the Agency and are releasable to the public.


[Federal Register Volume 86, Number 178 (Friday, September 17, 2021)]
[Rules and Regulations]
[Page 51832]
[FR Doc No: 2021-20090]

=======================================================================
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DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

44 CFR Parts 77, 78, 79, 80, 201, and 206

[Docket ID FEMA-2019-0011]
RIN 1660-AA96

FEMA's Hazard Mitigation Assistance and Mitigation Planning
Regulations; Correction

AGENCY: Federal Emergency Management Agency, Department of Homeland
Security (DHS).

ACTION: Final rule; correction.

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

SUMMARY: On September 10, 2021, FEMA published in the Federal Register
a final rule revising the Federal Emergency Management Agency's Hazard
Mitigation Assistance and mitigation planning regulations to reflect
current statutory authority and agency practice. This final rule
corrects the effective date of this rule to read October 1, 2021.

DATES: This correction is effective September 17, 2021.

ADDRESSES: The docket for this rulemaking is available for inspection
using the Federal eRulemaking Portal at http://www.regulations.gov and
can be viewed by following that website's instructions.

FOR FURTHER INFORMATION CONTACT: Katherine Fox, Assistant Administrator
for Mitigation, Federal Emergency Management Agency,<PHONE_NUMBER>,
<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION: In FR Doc. 2021-19186, beginning on page
50653 in the Federal Register of Friday, September 10, 2021, the
following correction is made:
    1. On page 50653, in the first column, ``DATES: This rule is
effective October 12, 2021.'' is corrected to read ``DATES: This rule
is effective October 1, 2021.''

Deanne B. Criswell,
Administrator, Federal Emergency Management Agency.
[FR Doc. 2021-20090 Filed 9-16-21; 8:45 am]
BILLING CODE 9110-11-P