Submission for OMB Review; Comment Request for Review of an Extension, Without Change, of a Currently Approved Information Collection: SF 2823, 62883 [E7-21862]

Download as PDF Federal Register / Vol. 72, No. 215 / Wednesday, November 7, 2007 / Notices For the Nuclear Regulatory Commission. Peter J. Habighorst, Chief, Fuel Manufacturing Branch, Fuel Facility Licensing Directorate, Division of Fuel Cycle Safety and Safeguards, Office of Nuclear Material Safety and Safeguards. [FR Doc. E7–21861 Filed 11–6–07; 8:45 am] OFFICE OF PERSONNEL MANAGEMENT Submission for OMB Review; Comment Request for Review of an Extension, Without Change, of a Currently Approved Information Collection: SF 2823 Brenda Aguilar, OPM Desk Officer, Office of Information & Regulatory Affairs, Office of Management and Budget, New Executive Office Building, NW., Room 10235, Washington, DC 20503. For Information Regarding Administrative Coordination Contact: Cyrus S. Benson, Team Leader, Publications Team, RIS Support Services/Support Group, (202) 606– 0623. Classes in which SAL is activated. The text of the proposed rule change is available on the Exchange’s Web site (http://www.cboe.com/Legal ), at the Exchange’s Office of the Secretary, and at the Commission’s Public Reference Room. U.S. Office of Personnel Management. Howard Weizmann, Deputy Director. [FR Doc. E7–21862 Filed 11–6–07; 8:45 am] BILLING CODE 7590–01–P In its filing with the Commission, CBOE 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. CBOE has prepared summaries, set forth in Sections A, B, and C below, of the most significant aspects of such statements. BILLING CODE 6325–38–P Office of Personnel Management. ACTION: Notice. pwalker on PROD1PC71 with NOTICES AGENCY: SECURITIES AND EXCHANGE COMMISSION SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (Pub. L. 104–13, May 22, 1995), this notice announces that the Office of Personnel Management (OPM) will submit to the Office of Management and Budget (OMB) a request for review of an extension, without change, of a currently approved information collection. SF 2823, Designation of Beneficiary: Federal Employees’ Group Life Insurance, is used by any Federal employee or retiree covered by the Federal Employees’ Group Life Insurance Program to instruct the Office of Federal Employees’ Group Life Insurance how to distribute the proceeds of his or her life insurance when the statutory order of precedence does not meet his or her needs. Approximately 47,000 SF 2823 forms are completed annually by annuitants and 1,000 forms are completed by assignees. Each form takes approximately 15 minutes to complete. The annual estimated burden is 12,000 hours. For copies of this proposal, contact Mary Beth Smith-Toomey on (202) 606– 8358, FAX (202) 418–3251 or via e-mail to MaryBeth.Smith-Toomey@opm.gov. Please include a mailing address with your request. DATES: Comments on this proposal should be received within 30 calendar days from the date of this publication. ADDRESSES: Send or deliver comments to— Christopher N. Meuchner, Life Insurance and Long Term Care Group, Insurance Services Program, Center for Retirement and Insurance Services, U.S. Office of Personnel Management, 1900 E Street, NW., Room 2H22, Washington, DC 20415–3661; and VerDate Aug<31>2005 16:14 Nov 06, 2007 Jkt 214001 62883 [Release No. 34–56730; File No. SR–CBOE– 2007–74] Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing of Proposed Rule Change, as Modified by Amendment No. 1 Thereto, To Amend CBOE Rule 6.13A To Modify the Simple Auction Liaison Auction Process and Incorporate Specific Provisions for Hybrid 3.0 Classes November 1, 2007. 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, 2007, The Chicago Board Options Exchange, Incorporated (‘‘CBOE’’ or ‘‘Exchange’’), filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change as described in Items I, II, and III below, which Items have been substantially prepared by CBOE. On October 16, 2007, CBOE filed Amendment No. 1 to the proposed rule change.3 The Commission is publishing this notice to solicit comments on the proposed rule change, as amended, from interested persons. I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change CBOE proposes to amend CBOE Rule 6.13A to (i) modify the increments in which responses may be submitted during the Simple Auction Liaison (‘‘SAL’’) auction process and (ii) incorporate provisions for Hybrid 3.0 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 Amendment No. 1 replaced and superseded the original filing in its entirety. 2 17 PO 00000 Frm 00072 Fmt 4703 Sfmt 4703 II. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change 1. Purpose CBOE Rule 6.13A governs the operation of the Exchange’s SAL system. SAL is a feature on CBOE’s Hybrid system that auctions marketable orders for price improvement over the National Best Bid and Offer. The purpose of this proposed rule change is to amend CBOE Rule 6.13A to (i) modify the increments in which responses may be submitted during the SAL auction process and (ii) incorporate provisions for Hybrid 3.0 Classes in which SAL is activated. Although modifying the auction increments in which responses could be submitted to include standard increments would widen the quote as compared to one-cent increments, the Exchange believes this modification may encourage Market-Makers and other market participants to quote more aggressively overall. In addition, incorporating SAL on the Hybrid 3.0 Platform will further automate the order handling process on Hybrid 3.0. In providing marketable orders with the potential for price improvement, SAL provides an auction, for a period of time not to exceed two seconds as determined by the Exchange on a classby-class basis, for any qualifying order (‘‘Agency Order’’) that is eligible for automatic execution by CBOE’s Hybrid System.4 Under the current SAL rule, during the auction process, MarketMakers with an appointment in the relevant option class and CBOE members acting as agents for orders 4 See E:\FR\FM\07NON1.SGM CBOE Rule 6.13(b)(C)(i). 07NON1

Agencies

[Federal Register Volume 72, Number 215 (Wednesday, November 7, 2007)]
[Notices]
[Page 62883]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-21862]


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OFFICE OF PERSONNEL MANAGEMENT


Submission for OMB Review; Comment Request for Review of an 
Extension, Without Change, of a Currently Approved Information 
Collection: SF 2823

AGENCY: Office of Personnel Management.

ACTION: Notice.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (Pub. 
L. 104-13, May 22, 1995), this notice announces that the Office of 
Personnel Management (OPM) will submit to the Office of Management and 
Budget (OMB) a request for review of an extension, without change, of a 
currently approved information collection. SF 2823, Designation of 
Beneficiary: Federal Employees' Group Life Insurance, is used by any 
Federal employee or retiree covered by the Federal Employees' Group 
Life Insurance Program to instruct the Office of Federal Employees' 
Group Life Insurance how to distribute the proceeds of his or her life 
insurance when the statutory order of precedence does not meet his or 
her needs.
    Approximately 47,000 SF 2823 forms are completed annually by 
annuitants and 1,000 forms are completed by assignees. Each form takes 
approximately 15 minutes to complete. The annual estimated burden is 
12,000 hours.
    For copies of this proposal, contact Mary Beth Smith-Toomey on 
(202) 606-8358, FAX (202) 418-3251 or via e-mail to MaryBeth.Smith-
Toomey@opm.gov. Please include a mailing address with your request.

DATES: Comments on this proposal should be received within 30 calendar 
days from the date of this publication.

ADDRESSES: Send or deliver comments to--
    Christopher N. Meuchner, Life Insurance and Long Term Care Group, 
Insurance Services Program, Center for Retirement and Insurance 
Services, U.S. Office of Personnel Management, 1900 E Street, NW., Room 
2H22, Washington, DC 20415-3661;
     and
    Brenda Aguilar, OPM Desk Officer, Office of Information & 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, NW., Room 10235, Washington, DC 20503.
    For Information Regarding Administrative Coordination Contact: 
Cyrus S. Benson, Team Leader, Publications Team, RIS Support Services/
Support Group, (202) 606-0623.

U.S. Office of Personnel Management.
Howard Weizmann,
Deputy Director.
[FR Doc. E7-21862 Filed 11-6-07; 8:45 am]
BILLING CODE 6325-38-P