Submission for OMB Review; Comment Request, 79426-79427 [2010-31819]
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79426
Federal Register / Vol. 75, No. 243 / Monday, December 20, 2010 / Notices
(‘‘Commission’’) has submitted to the
Office of Management and Budget this
request for extension of the previously
approved collections of information
discussed below.
Form 144 (17 CFR 239.144) is used to
report the sale of securities during any
three-month period that exceeds 5,000
shares or other units or has an aggregate
sales price that does not exceed $50,000.
Under Sections 2(11), 4(1), 4(2), 4(4) and
19(a) of the Securities Act of 1933 (15
U.S.C. 77b, 77d(1)(2)(4) and 77s(a)) and
Rule 144 (17 CFR 230.144) there under,
the Commission is authorize to solicit
the information required to be supplied
by Form 144. The objectives of the rule
could not be met, if the information
collection was not required. The
information collected must be filed with
the Commission and is publicly
available. Form 144 takes approximately
1 burden hour per response and is filed
by 23,361 respondents for a total of
23,361 total burden hours.
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.
The public may view the background
documentation for this information
collection at the following Web site,
https://www.reginfo.gov. Comments
should be directed to: (i) Desk Officer
for the Securities and Exchange
Commission, Office of Information and
Regulatory Affairs, Office of
Management and Budget, Room 10102,
New Executive Office Building,
Washington, DC 20503, or by sending an
e-mail to:
Shagufta_Ahmed@omb.eop.gov; and (ii)
Thomas Bayer, Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
VA 22312 or send an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
Dated: December 12, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–31821 Filed 12–17–10; 8:45 am]
BILLING CODE 8011–01–P
jlentini on DSKJ8SOYB1PROD with NOTICES
SECURITIES AND EXCHANGE
COMMISSION
[Form 6–K; OMB Control No. 3235–0116;
SEC File No. 270–107]
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: Securities and Exchange
VerDate Mar<15>2010
17:18 Dec 17, 2010
Jkt 223001
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Form 6–K; OMB Control No. 3235–0116;
SEC File No. 270–107.
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’’) has submitted to the
Office of Management and Budget the
request for extension of the previously
approved collection of information
discussed below.
Form 6–K (17 CFR 249.306) is a
disclosure document under the
Securities Exchange Act of 1934
(15 U.S.C. 78a et seq.) that must be filed
by a foreign private issuer to report
material information promptly after the
occurrence of specified or other
important corporate events that are
disclosed in the foreign private issuer’s
home country. The purpose of Form
6–K is to ensure that U.S. investors have
access to the same information that
foreign investors do when making
investment decisions. Form 6–K is a
public document and all information
provided is mandatory. Form 6–K takes
approximately 8.7 hours per response
and is filed by approximately 12,022
issuers annually. We estimate 75% of
the 8.7 hours per response (6.525 hours)
is prepared by the issuer for a total
annual reporting burden of 78,444 hours
(6.525 hours per response × 12,022
responses). The remaining burden hours
are reflected as a cost to the foreign
private issuers.
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. The Federal Register
notice with a 60-day comment period
soliciting comments on this collection
of information was published on
October 14, 2010 (75 FR 63215). No
comments were received.
The public may view the background
documentation for this information
collection at the following Web site,
https://www.reginfo.gov. Comments
should be directed to: (i) Desk Officer
for the Securities and Exchange
Commission, Office of Information and
Regulatory Affairs, Office of
Management and Budget, Room 10102,
New Executive Office Building,
Washington, DC 20503, or by sending an
e-mail to:
Shagufta_Ahmed@omb.eop.gov; and
(ii) Thomas Bayer, Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
PO 00000
Frm 00093
Fmt 4703
Sfmt 4703
VA 22312 or send an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
Dated: December 14, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–31820 Filed 12–17–10; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Form BD–N/Rule 15b11–1; SEC File No.
270–498; OMB Control No. 3235–0556]
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: U.S. Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Form BD–N/Rule 15b11–1; SEC File No.
270–498; OMB Control No. 3235–0556.
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’’) has submitted to the
Office of Management and Budget a
request for extension of the previously
approved collection of information
discussed below.
Rule 15b11–1 (17 CFR 240.15b11–1)
requires that futures commission
merchants and introducing brokers
registered with the Commodity Futures
Trading Commission that conduct a
business in security futures products
must notice-register as broker-dealers
pursuant to Section 15(b)(11)(A) of the
Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.). Form BD–N (17 CFR
249.501b) is the Form by which these
entities must notice register with the
Commission.
The total annual burden imposed by
Rule 15b11–1 and Form BD–N is
approximately 8 hours, based on
approximately 21 responses (10 initial
filings + 11 amendments). Each initial
filing requires approximately 30
minutes to complete and each
amendment requires approximately 15
minutes to complete. There is no annual
cost burden.
The Commission will use the
information collected pursuant to Rule
15b11–1 to understand the market for
securities futures product and fulfill its
regulatory obligations.
Completing and filing Form BD–N is
mandatory in order for an eligible
futures commission merchant or
introducing broker to conduct a
E:\FR\FM\20DEN1.SGM
20DEN1
Federal Register / Vol. 75, No. 243 / Monday, December 20, 2010 / Notices
business in security futures products.
Compliance with Rule 15b11–1 does not
involve the collection of confidential
information. Please note that 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. The Federal Register notice
with a 60-day comment period soliciting
comments on this collection of
information was published on October
12, 2010 (75 FR 62612). No comments
were received.
The public may view the background
documentation for this information
collection at the following Web site,
https://www.reginfo.gov. Comments
should be directed to: (i) Desk Officer
for the Securities and Exchange
Commission, Office of Information and
Regulatory Affairs, Office of
Management and Budget, Room 10102,
New Executive Office Building,
Washington, DC 20503, or by sending an
e-mail to:
Shagufta_Ahmed@omb.eop.gov; and (ii)
Thomas Bayer, Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
VA 22312 or send an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
Dated: December 12, 2010.
Florence E. Harmon,
Deputy Secretary.
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Self-Regulatory Organizations; NYSE
Amex LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Amending NYSE Amex
Equities Rule 123C(9)(a)(1) To Extend
the Operation of a Pilot Operating
Pursuant to the Rule Until June 1, 2011
jlentini on DSKJ8SOYB1PROD with NOTICES
December 14, 2010.
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934 (the
‘‘Act’’) 2 and Rule 19b–4 thereunder,3
notice is hereby given that on November
30, 2010, NYSE Amex LLC (the
‘‘Exchange’’ or ‘‘NYSE Amex’’) filed with
the Securities and Exchange
Commission (the ‘‘Commission’’) the
U.S.C. 78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
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17:18 Dec 17, 2010
Jkt 223001
The Exchange proposes to amend
NYSE Amex Equities Rule 123C(9)(a)(1)
to extend the operation of a pilot
operating pursuant to the Rule until
June 1, 2011. The text of the proposed
rule change is available at the Exchange,
the Commission’s Public Reference
Room, https://www.sec.gov, and https://
www.nyse.com.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
self-regulatory organization 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 those statements may be examined at
the places specified in Item IV below.
The Exchange has prepared summaries,
set forth in sections A, B, and C below,
of the most significant parts of such
statements.
1. Purpose
[Release No. 34–63541; File No. SR–
NYSEAmex-2010–113]
2 15
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
[FR Doc. 2010–31819 Filed 12–17–10; 8:45 am]
1 15
proposed rule change as described in
Items I and II below, which Items have
been prepared by the self-regulatory
organization. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
The Exchange proposes to amend
NYSE Amex Equities Rule 123C(9)(a)(1)
to extend the operation of a pilot that
allows the Exchange to temporarily
suspend certain rule requirements at the
close when extreme order imbalances
may cause significant dislocation to the
closing price (‘‘Extreme Order
Imbalances Pilot’’ or ‘‘Pilot’’) 4 until June
4 See Securities Exchange Act Release Nos. 59755
(April 13, 2009), 74 FR 18009 (April 20, 2009) (SR–
NYSEAltr–2009–15) (order granting approval of the
Pilot); 60808 (October 9, 2009), 74 FR 53539
(October 19, 2009) (SR–NYSEAmex–2009–70)
(extending the operation of the Pilot to December
31, 2009); 61265 (December 31, 2009), 75 FR 1094
(January 8, 2010) (SR–NYSEAmex–2009–96)
(extending the operation of the Pilot from December
31, 2009 to March 1, 2010); 61611 (March 1, 2010),
75 FR 10530 (March 8, 2010) (SR–NYSEAmex–
2010–15) (extending the operation of the Pilot from
March 1, 2010 to June 1, 2010); 62293 (June 15,
2010), 75 FR 35862 (June 23, 2010) (SR–
NYSEAmex–2010–50) (extending the operation of
the Pilot from June 1, 2010 to December 1, 2010).
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79427
1, 2011.5 The Pilot is currently
scheduled to expire on December 1,
2010.6
Background
Pursuant to NYSE Amex Equities Rule
123C(9)(a)(1), the Exchange may
suspend NYSE Amex Equities Rule 52
(Hours of Operation) to resolve an
extreme order imbalance that may result
in a price dislocation at the close as a
result of an order entered into Exchange
systems, or represented to a Designated
Market Maker (‘‘DMM’’) orally at or near
the close. The provisions of NYSE Amex
Equities Rule 123C(9)(a)(1) operate as
the Extreme Order Imbalance Pilot.
As a condition of the approval to
operate the Pilot, the Exchange
committed to provide the Commission
with information regarding: (i) How
often an NYSE Amex Equities Rule 52
temporary suspension pursuant to the
Pilot was invoked during the six months
following its approval; and (ii) the
Exchange’s determination as to how to
proceed with technical modifications to
reconfigure Exchange systems to accept
orders electronically after 4 p.m.
During the operation of the Pilot, the
Exchange believed that the systems
modifications to allow Exchange
systems to accept orders electronically
after 4 p.m. would not be as onerous as
previously believed when the Pilot was
initially commenced. The Exchange
completed the system modifications
necessary to accept orders electronically
after 4 p.m. and began the process of
testing the modifications. The Exchange
therefore filed to extend the Extreme
Order Imbalance Pilot until the earlier
of SEC approval to make such Pilot
permanent or December 1, 2010.7 At the
time, the Exchange anticipated that its
quality assurance review process would
be completed by December 1, 2010 and
it would be able to operate under the
new system. The quality assurance
review determined that additional
testing was required in order to assure
the optimal functioning of the system
modifications.
Proposal To Extend the Operation of the
Extreme Order Imbalance Pilot
The Exchange established the Extreme
Order Imbalance Pilot to create a
mechanism for ensuring a fair and
orderly close when interest is received
5 The Exchange notes that parallel changes are
proposed to be made to the rules of New York Stock
Exchange LLC. See SR–NYSE–2010–79.
6 See Securities Exchange Act Release No. 62293
(June 15, 2010), 75 FR 35862 (June 23, 2010) (SR–
NYSEAmex–2010–50) at note 6. Due to a technical
deficiency in a prior filing, the Exchange did not
invoke the Pilot between June 1, 2010 and June 7,
2010.
7 Id.
E:\FR\FM\20DEN1.SGM
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Agencies
[Federal Register Volume 75, Number 243 (Monday, December 20, 2010)]
[Notices]
[Pages 79426-79427]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-31819]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Form BD-N/Rule 15b11-1; SEC File No. 270-498; OMB Control No. 3235-
0556]
Submission for OMB Review; Comment Request
Upon Written Request, Copies Available From: U.S. Securities and
Exchange Commission, Office of Investor Education and Advocacy,
Washington, DC 20549-0213.
Extension:
Form BD-N/Rule 15b11-1; SEC File No. 270-498; OMB Control No.
3235-0556.
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'') has submitted to the Office of Management
and Budget a request for extension of the previously approved
collection of information discussed below.
Rule 15b11-1 (17 CFR 240.15b11-1) requires that futures commission
merchants and introducing brokers registered with the Commodity Futures
Trading Commission that conduct a business in security futures products
must notice-register as broker-dealers pursuant to Section 15(b)(11)(A)
of the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.). Form
BD-N (17 CFR 249.501b) is the Form by which these entities must notice
register with the Commission.
The total annual burden imposed by Rule 15b11-1 and Form BD-N is
approximately 8 hours, based on approximately 21 responses (10 initial
filings + 11 amendments). Each initial filing requires approximately 30
minutes to complete and each amendment requires approximately 15
minutes to complete. There is no annual cost burden.
The Commission will use the information collected pursuant to Rule
15b11-1 to understand the market for securities futures product and
fulfill its regulatory obligations.
Completing and filing Form BD-N is mandatory in order for an
eligible futures commission merchant or introducing broker to conduct a
[[Page 79427]]
business in security futures products. Compliance with Rule 15b11-1
does not involve the collection of confidential information. Please
note that 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. The Federal Register notice with a
60-day comment period soliciting comments on this collection of
information was published on October 12, 2010 (75 FR 62612). No
comments were received.
The public may view the background documentation for this
information collection at the following Web site, https://www.reginfo.gov. Comments should be directed to: (i) Desk Officer for
the Securities and Exchange Commission, Office of Information and
Regulatory Affairs, Office of Management and Budget, Room 10102, New
Executive Office Building, Washington, DC 20503, or by sending an e-
mail to: Shagufta_Ahmed@omb.eop.gov; and (ii) Thomas Bayer, Chief
Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 6432 General Green Way, Alexandria, VA 22312 or send an
e-mail to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB
within 30 days of this notice.
Dated: December 12, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-31819 Filed 12-17-10; 8:45 am]
BILLING CODE 8011-01-P