Rule 239 60 Day Federal Register Notice

Federal Register / Vol. 86, No. 217 / Monday, November 15, 2021 / Notices
notice informs the public of the filing,
invites public comment, and takes other
administrative steps.
DATES: Comments are due: November
16, 2021.
ADDRESSES: Submit comments
electronically via the Commission’s
Filing Online system at http://
www.prc.gov. Those who cannot submit
comments electronically should contact
the person identified in the FOR FURTHER
INFORMATION CONTACT section by
telephone for advice on filing
alternatives.
FOR FURTHER INFORMATION CONTACT:
David A. Trissell, General Counsel, at
202–789–6820.
SUPPLEMENTARY INFORMATION:
Table of Contents

khammond on DSKJM1Z7X2PROD with NOTICES

I. Introduction
II. Docketed Proceeding(s)

I. Introduction
The Commission gives notice that the
Postal Service filed request(s) for the
Commission to consider matters related
to negotiated service agreement(s). The
request(s) may propose the addition or
removal of a negotiated service
agreement from the market dominant or
the competitive product list, or the
modification of an existing product
currently appearing on the market
dominant or the competitive product
list.
Section II identifies the docket
number(s) associated with each Postal
Service request, the title of each Postal
Service request, the request’s acceptance
date, and the authority cited by the
Postal Service for each request. For each
request, the Commission appoints an
officer of the Commission to represent
the interests of the general public in the
proceeding, pursuant to 39 U.S.C. 505
(Public Representative). Section II also
establishes comment deadline(s)
pertaining to each request.
The public portions of the Postal
Service’s request(s) can be accessed via
the Commission’s website (http://
www.prc.gov). Non-public portions of
the Postal Service’s request(s), if any,
can be accessed through compliance
with the requirements of 39 CFR
3011.301.1
The Commission invites comments on
whether the Postal Service’s request(s)
in the captioned docket(s) are consistent
with the policies of title 39. For
request(s) that the Postal Service states
concern market dominant product(s),
applicable statutory and regulatory
1 See Docket No. RM2018–3, Order Adopting
Final Rules Relating to Non-Public Information,
June 27, 2018, Attachment A at 19–22 (Order No.
4679).

VerDate Sep<11>2014

16:42 Nov 12, 2021

Jkt 256001

requirements include 39 U.S.C. 3622, 39
U.S.C. 3642, 39 CFR part 3030, and 39
CFR part 3040, subpart B. For request(s)
that the Postal Service states concern
competitive product(s), applicable
statutory and regulatory requirements
include 39 U.S.C. 3632, 39 U.S.C. 3633,
39 U.S.C. 3642, 39 CFR part 3035, and
39 CFR part 3040, subpart B. Comment
deadline(s) for each request appear in
section II.
II. Docketed Proceeding(s)
1. Docket No(s): CP2022–20; Filing
Title: Notice of United States Postal
Service of Filing a Functionally
Equivalent Global Reseller Expedited
Package 2 Negotiated Service Agreement
and Application for Non-Public
Treatment of Materials Filed Under
Seal; Filing Acceptance Date: November
5, 2021; Filing Authority: 39 CFR
3035.105; Public Representative:
Kenneth R. Moeller; Comments Due:
November 16, 2021.
This Notice will be published in the
Federal Register.

[FR Doc. 2021–24756 Filed 11–12–21; 8:45 am]
BILLING CODE 7710–FW–P

SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meetings
2:00 p.m. on Thursday,
November 18, 2021.
PLACE: The meeting will be held via
remote means and/or at the
Commission’s headquarters, 100 F
Street NE, Washington, DC 20549.
STATUS: This meeting will be closed to
the public.
MATTERS TO BE CONSIDERED:
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the closed meeting. Certain
staff members who have an interest in
the matters also may be present.
In the event that the time, date, or
location of this meeting changes, an
announcement of the change, along with
the new time, date, and/or place of the
meeting will be posted on the
Commission’s website at https://
www.sec.gov.
The General Counsel of the
Commission, or his designee, has
certified that, in his opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B)
and (10) and 17 CFR 200.402(a)(3),
(a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and
TIME AND DATE:

Frm 00098

Fmt 4703

(a)(10), permit consideration of the
scheduled matters at the closed meeting.
The subject matter of the closed
meeting will consist of the following
topics: Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings;
Resolution of litigation claims; and
Other matters relating to examinations
and enforcement proceedings.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting agenda items that
may consist of adjudicatory,
examination, litigation, or regulatory
matters.
CONTACT PERSON FOR MORE INFORMATION:
For further information; please contact
Vanessa A. Countryman from the Office
of the Secretary at (202) 551–5400.
Authority: 5 U.S.C. 552b.
Dated: November 10, 2021.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2021–24967 Filed 11–10–21; 4:15 pm]
BILLING CODE 8011–01–P

Erica A. Barker,
Secretary.

PO 00000

63081

Sfmt 4703

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–638; OMB Control No.
3235–0687]

Proposed Collection; Comment
Request
Upon Written Request Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736
Extension:
Rule 239

Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Rule 239 (17 CFR 230.239) provides
exemptions under the Securities Act of
1933 (15 U.S.C. 77a et seq.), the
Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) and the Trust
Indenture Act of 1939 (U.S.C. 77aaa et
seq.) for security-based swaps issued by
certain clearing agencies satisfying
certain conditions. The purpose of the
information required by Rule 239 is to
make certain information about
security-based swaps that may be

E:\FR\FM\15NON1.SGM

15NON1

63082

Federal Register / Vol. 86, No. 217 / Monday, November 15, 2021 / Notices

cleared by the registered or the exempt
clearing agencies available to eligible
contract participants and other market
participants. We estimate that each
registered or exempt clearing agency
issuing security-based swaps in its
function as a central counterparty will
spend approximately 2 hours each time
it provides or update the information in
its agreements relating to security-based
swaps or on its website. We estimate
that each registered or exempt clearing
agency will provide or update the
information approximately 20 times per
year. In addition, we estimate that 75%
of the 2 hours per response (1.5 hours)
is prepared internally by the clearing
agency for a total annual reporting
burden of 180 hours (1.5 hours per
response × 20 × 6 respondents).
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden imposed by the collection
of information; (c) ways to enhance the
quality, utility, and clarity of the
information collected; and (d) ways to
minimize the burden of the collection of
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology. Consideration will be given
to comments and suggestions submitted
in writing within 60 days of this
publication.
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
control number.
Please direct your written comment to
David Bottom, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o John
Pezzullo, 100 F Street NE, Washington,
DC 20549 or send an email to: PRA_
[email protected].
Dated: November 9, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.

khammond on DSKJM1Z7X2PROD with NOTICES

BILLING CODE 8011–01–P

16:42 Nov 12, 2021

[Release No. 34–93534; File No. SR–
NYSEArca–2021–53]

Self-Regulatory Organizations; NYSE
Arca, Inc.; Order Instituting
Proceedings To Determine Whether To
Approve or Disapprove a Proposed
Rule Change To List and Trade Shares
of the Teucrium Bitcoin Futures Fund
Under NYSE Arca Rule 8.200–E,
Commentary .02 (Trust Issued
Receipts)
November 8, 2021.

On July 23, 2021, NYSE Arca, Inc.
(‘‘NYSE Arca’’ or ‘‘Exchange’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’), pursuant
to Section 19(b)(1) of the Securities
Exchange Act of 1934 (‘‘Act’’) 1 and Rule
19b–4 thereunder,2 a proposed rule
change to list and trade shares
(‘‘Shares’’) of the Teucrium Bitcoin
Futures Fund (‘‘Fund’’) under NYSE
Arca Rule 8.200–E, Commentary .02
(Trust Issued Receipts). The proposed
rule change was published for comment
in the Federal Register on August 11,
2021.3
On September 15, 2021, pursuant to
Section 19(b)(2) of the Act,4 the
Commission designated a longer period
within which to approve the proposed
rule change, disapprove the proposed
rule change, or institute proceedings to
determine whether to disapprove the
proposed rule change.5 This order
institutes proceedings under Section
19(b)(2)(B) of the Act 6 to determine
whether to approve or disapprove the
proposed rule change.
I. Summary of the Proposal
As described in more detail in the
Notice,7 the Exchange proposes to list
and trade the Shares of the Fund under
NYSE Arca Rule 8.200–E, Commentary
.02, which governs the listing and
trading of Trust Issued Receipts on the
Exchange.
According to the Exchange, the
Chicago Mercantile Exchange, Inc.
1 15

[FR Doc. 2021–24882 Filed 11–12–21; 8:45 am]

VerDate Sep<11>2014

SECURITIES AND EXCHANGE
COMMISSION

Jkt 256001

U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 See Securities Exchange Act Release No. 92573
(Aug. 5, 2021), 86 FR 44062 (Aug. 11, 2021)
(‘‘Notice’’). Comments on the proposed rule change
can be found at: https://www.sec.gov/comments/srnysearca-2021-53/srnysearca202153.htm.
4 15 U.S.C. 78s(b)(2).
5 See Securities Exchange Act Release No. 92999,
86 FR 52539 (Sept. 21, 2021). The Commission
designated November 9, 2021, as the date by which
it should approve, disapprove, or institute
proceedings to determine whether to disapprove the
proposed rule change.
6 15 U.S.C. 78s(b)(2)(B).
7 See Notice, supra note 3.

PO 00000

Frm 00099

Fmt 4703

Sfmt 4703

(‘‘CME’’) currently offers two bitcoin
futures contracts, one contract
representing five (5) bitcoin (‘‘BTC
Contracts’’) and another contract
representing one-tenth of one (0.10)
bitcoin (‘‘MBT Contracts’’).8 Each BTC
Contract and MBT Contract settles daily
to the BTC Contract volume-weighted
average price (‘‘VWAP’’) of all trades
that occur between 2:59 p.m. and 3:00
p.m., Central Time, the settlement
period, rounded to the nearest tradable
tick.9 BTC Contracts and MBT Contracts
each expire on the last Friday of the
contract month and the final settlement
value for each contract is based on the
CME CF Bitcoin Reference Rate (‘‘CME
CF BRR’’).10
The investment objective of the Fund
is to have the daily changes in the net
asset value (‘‘NAV’’) of the Shares
reflect the daily changes in the price of
a specified benchmark
(‘‘Benchmark’’).11 The Benchmark is the
average of the closing settlement prices
for the first to expire and second to
expire BTC Contracts listed on the CME.
In seeking to achieve the Fund’s
investment objective, the Sponsor will
employ a ‘‘neutral’’ investment strategy
that is intended to track the changes in
the Benchmark. Under normal market
conditions, the Fund will invest in the
first to expire and second to expire BTC
Contracts and MBT Contracts (‘‘Bitcoin
Futures Contracts’’) and in cash and
cash equivalents. The Fund will roll its
futures positions on a regular basis in
order to track the changing nature of the
Benchmark by closing out first to expire
contracts prior to settlement that are no
longer part of the Benchmark and then
entering into second to expire contracts.
Accordingly, the Fund will never carry
futures positions all the way to cash
settlement. The Fund will endeavor to
trade in Bitcoin Futures Contracts so
that the Fund’s average daily tracking
error against the Benchmark will be less
than 10 percent over any period of 30
trading days.12
The net asset value (‘‘NAV’’) per
Share of the Fund will be calculated by
taking the current market value of its
8 BTC Contracts began trading on the CME Globex
trading platform on December 15, 2017 and are
cash-settled in U.S. dollars. MBT Contracts began
trading on the CME Globex trading platform on May
3, 2021 under the ticker symbol ‘‘MBT’’ and are also
cash-settled in U.S. dollars. See id. at 44062.
9 See id. at. 44073.
10 See id. The CME CF BRR aggregates the trade
flow of major bitcoin spot exchanges during a
specific calculation window into a once-a-day
reference rate of the U.S. dollar price of bitcoin. See
id. at 44067 n.59.
11 The Fund is a series of Teucrium Commodity
Trust (‘‘Trust’’). The Fund is managed and
controlled by Teucrium Trading, LLC (‘‘Sponsor’’).
See id. at 44062.
12 See id. at 44062–63.

E:\FR\FM\15NON1.SGM

15NON1