Omnibus Framework Adjustment to Modify the Mid-Atlantic Fishery Management Council's Risk Policy

The purpose of this action is to adjust the Council’s risk policy by accepting a higher level of risk for stocks that are at or above biomass targets, resulting in the ability for the Council to set higher catch limits for healthy fisheries.This action will also remove the typical/atypical species designation when applied to the current risk policy allowing the Council to better use improvements in stock assessment and modeling approaches that can more appropriately account for and address overfishing vulnerability.