Proposed Collection; Comment Request, 8386 [2011-3188]
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Federal Register / Vol. 76, No. 30 / Monday, February 14, 2011 / Notices
writing within 60 days of this
publication.
Please direct your written comment to
Thomas Bayer, Chief Information
Officer, Securities and Exchange
Commission, C/O Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
Virginia 22312; or send an e-mail to:
PRA_Mailbox@sec.gov.
Dated: February 7, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011–3187 Filed 2–11–11; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
jlentini on DSKJ8SOYB1PROD with NOTICES
Proposed Collection; Comment
Request
Upon Written Request; Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Rule 433, OMB Control No. 3235–
0617, SEC File No. 270–558.
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 collections of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for approval.
Rule 433 (17 CFR 230.433) governs
the use and filing of free writing
prospectuses under the Securities Act of
1933 (15 U.S.C. 77a et seq.). The
purpose of Rule 433 is to reduce the
restrictions on communications that a
company can make to investors during
a registered offering of its securities,
while maintaining a high level of
investor protection. A free writing
prospectus meeting the conditions of
Rule 433(d)(1) must be filed with the
Commission and is publicly available.
We estimate that it takes approximately
1.3 burden hours per response to
prepare a free writing prospectus and
that the information is filed by 2,906
respondents approximately 1.25 times a
year for a total of 3,633 responses. We
estimate that 25% of the 1.3 burden
hours per response (0.32 hours) is
prepared by the company for total
annual reporting burden of 1,163 hours
(0.32 hours × 3,633 responses).
Written comments are invited on:
(a) Whether this proposed collection of
information is necessary for the
performance of the functions of the
agency, including whether the
VerDate Mar<15>2010
16:38 Feb 11, 2011
Jkt 223001
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.
Please direct your written comment to
Thomas A. Bayer, Chief Information
Officer, Securities and Exchange
Commission, C/O Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
Virginia 22312; or send an e-mail to:
PRA_Mailbox@sec.gov.
Dated: February 7, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011–3188 Filed 2–11–11; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–63855; File No. SR–NYSE–
2011–02]
Self-Regulatory Organizations; New
York Stock Exchange LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change Amending the
Forms of Broker Letters Set Forth in
Exchange Rule 451 and Sections
905.02 and 905.03 of the Exchange’s
Listed Company Manual
February 7, 2011.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 2 thereunder,
notice is hereby given that on January
26, 2011, New York Stock Exchange
LLC (‘‘NYSE’’ or ‘‘Exchange’’) filed with
the Securities and Exchange
Commission (the ‘‘Commission’’) the
proposed rule change as described in
Items I and II below, which Items have
been prepared by the Exchange. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend
Exchange Rule 451 and Sections 905.02
and 905.03 of the Exchange’s Listed
Company Manual (the ‘‘Manual’’) to
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
Frm 00054
Fmt 4703
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.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange recently amended
Exchange Rule 452 and Section 402.08
of the Manual to provide that brokers
which are record holders of shares held
in client accounts will no longer be
permitted to vote those shares on
matters relating to executive
compensation.3 This amendment was
made in accordance with the
requirements of Section 957 of the
Dodd-Frank Wall Street Reform and
Consumer Protection Act (the ‘‘DoddFrank Act’’).
Supplementary Material .20 to
Exchange Rule 451 and Sections 905.01,
905.02 and 905.03 contain specimens of
letters containing the information and
instructions required pursuant to the
proxy rules to be given by NYSE
member organizations to clients where
the member organization is the record
holder of shares beneficially owned by
those clients in the circumstances where
a broker (i) may vote on all proposals
without voting instructions (Section
905.01), (ii) may not vote on any
proposals without instructions (Section
905.02), and (iii) may vote on certain
but not all proposals without
instructions (Section 905.03). These
letters are shown as examples and not
as prescribed forms. Member
organizations are permitted to adapt the
3 See Securities Exchange Act Release No. 62874
(September 9, 2011) 75 FR 56152 (September 15,
2011) (SR–NYSE–2011–59).
1 15
PO 00000
amend the forms of letters contained in
those rules to reflect the recent
amendments to the Exchange’s broker
voting rules in relation to executive
compensation proposals. The text of the
proposed rule change is available at the
Exchange, the Commission’s Public
Reference Room, and https://
www.nyse.com.
Sfmt 4703
E:\FR\FM\14FEN1.SGM
14FEN1
]]>Agencies
[Federal Register Volume 76, Number 30 (Monday, February 14, 2011)]
[Notices]
[Page 8386]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-3188]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request; Copies Available From: Securities and Exchange
Commission, Office of Investor Education and Advocacy, Washington, DC
20549-0213.
Extension:
Rule 433, OMB Control No. 3235-0617, SEC File No. 270-558.
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 collections
of information summarized below. The Commission plans to submit this
existing collection of information to the Office of Management and
Budget for approval.
Rule 433 (17 CFR 230.433) governs the use and filing of free
writing prospectuses under the Securities Act of 1933 (15 U.S.C. 77a et
seq.). The purpose of Rule 433 is to reduce the restrictions on
communications that a company can make to investors during a registered
offering of its securities, while maintaining a high level of investor
protection. A free writing prospectus meeting the conditions of Rule
433(d)(1) must be filed with the Commission and is publicly available.
We estimate that it takes approximately 1.3 burden hours per response
to prepare a free writing prospectus and that the information is filed
by 2,906 respondents approximately 1.25 times a year for a total of
3,633 responses. We estimate that 25% of the 1.3 burden hours per
response (0.32 hours) is prepared by the company for total annual
reporting burden of 1,163 hours (0.32 hours x 3,633 responses).
Written comments are invited on: (a) Whether this proposed
collection of information is necessary for the 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.
Please direct your written comment to Thomas A. Bayer, Chief
Information Officer, Securities and Exchange Commission, C/O Remi
Pavlik-Simon, 6432 General Green Way, Alexandria, Virginia 22312; or
send an e-mail to: PRA_Mailbox@sec.gov.
Dated: February 7, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011-3188 Filed 2-11-11; 8:45 am]
BILLING CODE 8011-01-P
