[Federal Register Volume 85, Number 226 (Monday, November 23, 2020)]
[Notices]
[Pages 74717-74718]
[FR Doc No: 2020-25803]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Combined Notice of Filings #1

    Take notice that the Commission received the following electric
rate filings:

    Docket Numbers: ER10-3115-006.
    Applicants: Waterside Power, LLC.
    Description: Fourth Supplement to April 20, 2020 Triennial Market
Power Update for the Northeast Region of Waterside Power, LLC.
    Filed Date: 11/16/20.
    Accession Number: 20201116-5236.
    Comments Due: 5 p.m. ET 12/7/20.

    Docket Numbers: ER10-3117-008.
    Applicants: Lea Power Partners, LLC.
    Description: Fourth Supplement to April 20, 2020 Triennial Market
Power Update for the Southwest Power Pool Region of Lea Power Partners,
LLC.
    Filed Date: 11/16/20.
    Accession Number: 20201116-5235.
    Comments Due: 5 p.m. ET 12/7/20.

    Docket Numbers: ER13-445-009; ER11-4060-009; ER11-4061-009 ER14-
2823-007; ER15-1170-005; ER15-1171-005 ER15-1172-005; ER15-1173-005.
    Applicants: Badger Creek Limited, Bear Mountain Limited, Chalk
Cliff Limited, Double C Generation Limited Partnership, High Sierra
Limited, Kern Front Limited, Live Oak Limited, McKittrick Limited.
    Description: Third Supplement to April 20, 2020 Triennial Market
Power Update for the Southwest Power Pool Region of Badger Creek
Limited, et al.
    Filed Date: 11/16/20.
    Accession Number: 20201116-5237.
    Comments Due: 5 p.m. ET 12/7/20.

    Docket Numbers: ER20-282-001.
    Applicants: FPL Energy Illinois Wind, LLC.
    Description: Report Filing: Refund Report Under Docket ER20-282 to
be effective N/A.
    Filed Date: 11/17/20.
    Accession Number: 20201117-5037.
    Comments Due: 5 p.m. ET 12/8/20.

    Docket Numbers: ER20-2954-001.
    Applicants: Midcontinent Independent System Operator, Inc.,
American Transmission Company LLC.
    Description: Tariff Amendment: 2020-11-17_SA 3562 ATC-ITC-Dairyland
Substitute TCEA to be effective 8/28/2020.
    Filed Date: 11/17/20.
    Accession Number: 20201117-5008.
    Comments Due: 5 p.m. ET 12/8/20.

    Docket Numbers: ER21-417-000.
    Applicants: Southwest Power Pool, Inc.
    Description: Sec.  205(d) Rate Filing: 2881R11 City of Chanute, KS
NITSA NOA to be effective 9/1/2020.
    Filed Date: 11/17/20.
    Accession Number: 20201117-5007.
    Comments Due: 5 p.m. ET 12/8/20.

    Docket Numbers: ER21-418-000.
    Applicants: AEP Texas Inc.
    Description: Sec.  205(d) Rate Filing: AEPTX-STEC Mathis Facility
Development Agreement to be effective 11/6/2020.

    Filed Date: 11/17/20.
    Accession Number: 20201117-5018,
    Comments Due: 5 p.m. ET 12/8/20.

    Docket Numbers: ER21-419-000.
    Applicants: AEP Texas Inc.
    Description: Sec.  205(d) Rate Filing: AEPTX-STEC Raymondville 2
Facilities Development Agreement to be effective 11/3/2020.
    Filed Date: 11/17/20.
    Accession Number: 20201117-5024.
    Comments Due: 5 p.m. ET 12/8/20.

    Docket Numbers: ER21-420-000.
    Applicants: Midcontinent Independent System Operator, Inc.
    Description: Sec.  205(d) Rate Filing: 2020-11-17_SA 3233 OTP-MDU-
Dakota Range III 1st Rev GIA (J488) to be effective 11/2/2020.
    Filed Date: 11/17/20.
    Accession Number: 20201117-5027.
    Comments Due: 5 p.m. ET 12/8/20.

    Docket Numbers: ER21-421-000.
    Applicants: PJM Interconnection, L.L.C.
    Description: Sec.  205(d) Rate Filing: Interim ISA, SA#5848; Queue
#AD1-087/AD2-202 & Req. for Shortened Comment Period to be effective
10/29/2020.
    Filed Date: 11/17/20.
    Accession Number: 20201117-5028.
    Comments Due: 5 p.m. ET 12/8/20.

    Docket Numbers: ER21-422-000.
    Applicants: Brookfield Renewable Trading and Marketing LP.
    Description: Sec.  205(d) Rate Filing: Revised Market-Based Rate
Tariff to be effective 11/18/2020.
    Filed Date: 11/17/20.
    Accession Number: 20201117-5029.
    Comments Due: 5 p.m. ET 12/8/20.

    Docket Numbers: ER21-423-000.
    Applicants: Duke Energy Florida, LLC.
    Description: Sec.  205(d) Rate Filing: DEF-FL Solar 10 E&P
Agreement RS No. 329 to be effective 11/18/2020.
    Filed Date: 11/17/20.
    Accession Number: 20201117-5031.
    Comments Due: 5 p.m. ET 12/8/20.

    Docket Numbers: ER21-424-000.
    Applicants: Michigan Electric Transmission Company, LLC.
    Description: Authorization To Recover Costs of Michigan Electric
Transmission Company, LLC.
    Filed Date: 11/16/20.
    Accession Number: 20201116-5287.
    Comments Due: 5 p.m. ET 12/7/20.

    Docket Numbers: ER21-425-000.
    Applicants: Copper Mountain Solar 5, LLC.
    Description: Baseline eTariff Filing: Copper Mountain Solar 5, LLC
MBR to be effective 1/16/2021.
    Filed Date: 11/17/20.
    Accession Number: 20201117-5035.
    Comments Due: 5 p.m. ET 12/8/20.

    Docket Numbers: ER21-426-000.
    Applicants: Basin Electric Power Cooperative.
    Description: Sec.  205(d) Rate Filing: Submission of Revised Rate
Schedule A to be effective 1/1/2021.
    Filed Date: 11/17/20.
    Accession Number: 20201117-5036.
    Comments Due: 5 p.m. ET 12/8/20.

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

    Dated: November 17, 2020.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2020-25803 Filed 11-20-20; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register: January 5, 2010 (Volume 75, Number 2)]
[Notices]
[Page 497-498]
[DOCID:fr05ja10-153]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-61249; File No. SR-DTC-2009-17]

Self-Regulatory Organizations; The Depository Trust Company;
Notice of Filing of Proposed Rule Change To Allow The Depository Trust
Company To Provide Settlement Services to European Central Counterparty
Limited for U.S. Securities Traded on European Trading Venues

December 29, 2009.
    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 December 17, 2009, The Depository Trust Company (``DTC'') 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 primarily by DTC. The Commission is publishing this
notice to solicit comments on the proposed rule change from interested
persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of the
Substance of the Proposed Rule Change

    The purpose of this proposed rule change is to allow DTC to provide
settlement services to European Central Counterparty Limited
(``EuroCCP'') for U.S. securities traded on European trading venues
(``EuroCCP's U.S. Program'').

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

    In its filing with the Commission, DTC 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. DTC has prepared summaries, set forth in sections (A),
(B), and (C) below, of the most significant aspects of these
statements.\3\
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    \3\ The Commission has modified the text of the summaries
prepared by OCC.
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(A) Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change

    EuroCCP is a clearing house recognized by the United Kingdom and
regulated by the Financial Services Authority (``FSA''). It provides
central counterparty clearance and settlement services to participants
executing securities transactions on or through European trading
venues. Several of the trading platforms EuroCCP services are asking
EuroCCP to begin clearing and settling trades in U.S. equities,
Exchange Traded Funds (``ETFs''), and American Depositary Receipts
(``ADRs'').\4\ Trades in these securities would be routed to EuroCCP
through existing interfaces with the trading platforms and would be
novated and netted in accordance with EuroCCP's Rules and Procedures.
EuroCCP would employ its current trade day netting methodology to
produce a single settlement obligation each day.\5\
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    \4\ The platforms would support trading activity of U.S. issues
in U.S. dollars. The platforms currently operate from 8 a.m. London
time to 4:30 p.m. London time.
    \5\ The single settlement obligation calculated by EuroCCP is
per issue per participant and would settle at DTC on T+3.
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    EuroCCP would like to use DTC's settlement services for these U.S.
securities transactions by opening and operating an account at DTC.
EuroCCP participants in the EuroCCP's U.S. Program would be required to
appoint U.S. settlement agents \6\ to settle obligations on their
behalf,\7\ and EuroCCP would be subject to the same net debit cap\8\
and collateral\9\ controls as any other DTC participant.
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    \6\ These settlement agents would have to be DTC participants.
    \7\ EuroCCP would be given a reason code for the transactions it
processes through its DTC account. As part of this filing, DTC
proposes updating its Settlement Service Guide to reflect this
reason code. In addition, DTC is proposing that the language in the
Memo Segregation section of the Settlement Service Guide and the
reason codes that receive Memo Segregation treatment be updated to
reflect this reason code and to reflect certain other technical,
non-substantive changes to the reason codes.
    \8\ The net debit cap helps ensure that DTC can complete
settlement even if a participant fails to settle. Before completing
a transaction in which a participant is the receiver, DTC calculates
the resulting effect the transaction would have on such
participant's account and determines whether the resulting net
balance would exceed the participant's net debit cap. Any
transaction that would cause the net settlement debit to exceed the
net debit cap is placed on a pending queue that recycles until
another transaction creates credits in such participant's account.
    \9\ DTC tracks collateral in a participant's account through its
Collateral Monitor (``CM''). At all times, the CM reflects the
amount by which the collateral in the account exceeds the net debit
in the account. When processing a transaction, DTC verifies that the
deliverer's and receiver's CMs will not become negative when the
transaction completes. If the transaction would cause either party
to have a negative CM, the transaction will recycle until the
deficient account has sufficient collateral.
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    DTC proposes modifying its Settlement Service Guide in three ways
to maximize settlement efficiencies for DTC participants acting as U.S.
settlement agents in the EuroCCP U.S. Program. First, matched reclaims
to EuroCCP's account would not be allowed. A reclaim is an instruction
from a participant to DTC to return a delivery. It is generally used in
the event of an error where a participant does not recognize the
delivery. DTC's systems attempt to identify a corresponding original
transaction for every reclaim presented for processing. If the system
identifies a corresponding original transaction, it processes the
reclaim as a match.\10\
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    \10\ The following seven elements must be consistent for the
system to process a reclaim as a match: receiver, deliverer, CUSIP,
quantity, dollar amount, shares, and settlement date.
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    Under DTC's existing Settlement Service Guide procedures, a
receiving participant that requests a reclaim to EuroCCP for less than
$15 million could override DTC's risk management controls for EuroCCP's
account and create a consequent debit in the EuroCCP account. If DTC
processed matched reclaims in this fashion, EuroCCP would run the risk
of overriding its net debit cap, exceeding it liquidity resources, and
being unable to complete settlement with DTC. To avoid

this outcome, DTC proposes changing its procedures so that reclaims
under $15 million would not override DTC's risk management controls.
Instead, such reclaims would recycle until the reclaim can settle
without violating EuroCCP's net debit cap and collateral controls or
until the reclaim drops at the recycle cutoff.\11\ This is how DTC
currently treats reclaims that are over $15 million dollars.
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    \11\ If the reclaim drops at the recycle cutoff, then the
receiving participant will retain the securities and the debit for
the delivery it received from EuroCCP.
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    Second, DTC proposes modifying its Settlement Service Guide so that
pending valued and free transactions to or from the EuroCCP account
would fail to settle or ``drop'' at 3:10 p.m.\12\ Items that would drop
include deliveries to EuroCCP failing due to lack of position by the
delivering participant and items failing DTC's risk management
controls. This cutoff time would allow EuroCCP to close its business
day.
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    \12\ DTC's current cutoff time for pending valued transactions
is 3:10 p.m. and for pending free transactions is 6:35 p.m.
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    Third, the Receiver Authorized Delivery (``RAD'') cutoff time would
be 3:30 p.m. for both valued and free delivery transactions. DTC's
current RAD \13\ deadline for valued transactions is 3:30 p.m., but the
RAD deadline for free delivery transactions is 6:30 p.m. To allow
EuroCCP to halt transaction processing in the EuroCCP account and end
its processing day, DTC would require a synchronized RAD cutoff time of
3:30 p.m. for valued and free delivery transactions.
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    \13\ RAD is a control mechanism which allows a participant to
review transactions prior to completion of processing. It limits the
exposure from misdirected or erroneously entered deliver orders,
payment orders, and pledges.
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    DTC believes the proposed rule changes are consistent with the
requirements of Section 17A of the Act \14\ and the rules and
regulations thereunder because the proposed changes would facilitate
prompt and accurate clearance and settlement of securities transactions
by leveraging DTC settlement systems to process transactions in U.S.
securities that are traded on European trading venues.
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    \14\ 15 U.S.C. 78q-1.
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(B) Self-Regulatory Organization's Statement on Burden on Competition

    DTC does not believe that the proposed rule change would impose any
burden on competition.

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

    Written comments relating to the proposed rule change have not been
solicited or received. DTC will notify the Commission of any written
comments received by DTC.

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

    Within thirty-five 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 ninety 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 the 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 e-mail to<EMAIL_ADDRESS>Please include
File Number SR-DTC-2009-17 on the subject line.

Paper Comments

     Send paper comments in triplicate to Elizabeth M. Murphy,
Secretary, Securities and Exchange Commission, 100 F Street, NE.,
Washington, DC 20549-1090.

All submissions should refer to File Number SR-DTC-2009-17. This file
number should be included on the subject line if e-mail is used. To
help the Commission process and review your comments more efficiently,
please use only one method. The Commission will post all comments on
the Commission's Internet Web site (http://www.sec.gov/rules/
sro.shtml). Copies of the submission, all subsequent amendments, all
written statements with respect to the proposed rule change that are
filed with the Commission, and all written communications relating to
the proposed rule change between the Commission and any person, other
than those that may be withheld from the public in accordance with the
provisions of 5 U.S.C. 552, will be available for inspection and
copying in the Commission's Public Reference Section, 100 F Street,
NE., Washington, DC 20549-1090, on official business days between the
hours of 10 a.m. and 3 p.m. Copies of such filings will also be
available for inspection and copying at the principal office of the DTC
and on DTC's Web site at http://www.dtcc.com/downloads/legal/rule_
filings/2009/dtc/2009-17.pdf. 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-2009-17 and should be submitted on or before January
26, 2010.

    For the Commission by the Division of Trading and Markets,
pursuant to delegated authority.\15\
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    \15\ 17 CFR 200.30-3(a)(12).
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Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9-31204 Filed 1-4-10; 8:45 am]

BILLING CODE 8011-01-P