Sunshine Act Meeting, 69308 [2011-28996]
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69308
Federal Register / Vol. 76, No. 216 / Tuesday, November 8, 2011 / Notices
collections, which are primarily for the use
and benefit of the collecting agency, this
information collection is primarily for the
use and benefit of investors. The information
filed with the Commission also permits the
verification of compliance with securities
law requirements and assures the public
availability and dissemination of the
information.
The current approved annual internal hour
burden for filing and updating Summary
Prospectuses and posting the required
disclosure documents on a Web site pursuant
to rule 498 is 63,014 hours. Based on staff
review of Summary Prospectuses filed with
the Commission, the Commission now
estimates that approximately 6,250 portfolios
are using a Summary Prospectus. Therefore,
the Commission estimates that the total
annual internal burden for filing and
updating Summary Prospectuses and posting
the required disclosure documents to a Web
site pursuant to rule 498 will therefore be
approximately 9,375 hours, representing a
decrease of 53,639 hours.
The current approved total annual cost
burden is $106,200,000 or approximately
$15,200 per portfolio. Adjusting the total
annual cost burden per portfolio for the
effects of inflation, the Commission now
estimates the total annual cost burden per
portfolio to be $15,900, for a total annual cost
burden of approximately $99,375,000. This
represents a decrease in the total annual cost
burden of approximately $6,825,000.
Estimates of average burden hours are
made solely for the purposes of the
Paperwork Reduction Act, and are not
derived from a comprehensive or even a
representative survey or study of the costs of
Commission rules and forms. The collection
of information under rule is voluntary. The
information provided under rule is not kept
confidential. 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 OMB 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 email to:
Shagufta_Ahmed@omb.eop.gov; and (ii)
Thomas Bayer, Director/Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon, 6432
General Green Way, Alexandria, VA 22312 or
send an email to: PRA_Mailbox@sec.gov.
Comments must be submitted to OMB within
30 days of this notice.
November 3, 2011.
Kevin M. O’Neill,
Deputy Secretary.
BILLING CODE 8011–01–P
16:29 Nov 07, 2011
Sunshine Act Meeting
Notice is hereby given, pursuant to
the provisions of the Government in the
Sunshine Act, Public Law 94–409, that
the Securities and Exchange
Commission will hold a Closed Meeting
on Thursday, November 10, 2011 at 2
p.m.
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.
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), (7), (9)(B) and (10)
and 17 CFR 200.402(a)(3), (5), (7), (9)(ii)
and (10) permit consideration of the
scheduled matters at the Closed
Meeting.
Commissioner Walter, as duty officer,
voted to consider the items listed for the
Closed Meeting in a closed session.
The subject matter of the Closed
Meeting scheduled for Thursday,
November 10, 2011 will be:
Institution and settlement of
injunctive actions; institution and
settlement of administrative
proceedings; and other matters relating
to enforcement proceedings.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items.
For further information and to
ascertain what, if any, matters have been
added, deleted or postponed, please
contact: The Office of the Secretary at
(202) 551–5400.
Dated: November 3, 2011.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2011–28996 Filed 11–4–11; 11:15 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–65670; File No. SR–Phlx–
2011–144]
Jkt 226001
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on October
26, 2011, NASDAQ OMX PHLX LLC
(‘‘Phlx’’ or ‘‘Exchange’’) filed with the
Securities and Exchange Commission
(the ‘‘Commission’’) the proposed rule
change as described in Items I, II, and
III 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 the Substance
of the Proposed Rule Change
The Exchange proposes to amend
Exchange Rules 1017, Openings in
Options, and 1082, Firm Quotations, to
extend, through February 29, 2012, a
pilot program (the ‘‘pilot’’) under which
the Exchange’s rules describe the
manner in which the PHLX XL®
automated options trading system 3
disseminates quotations when (i) There
is an opening imbalance in a particular
series, and (ii) there is a Quote Exhaust
(as described below) or a Market
Exhaust (as described below) quote
condition present in a particular series.
The current pilot is scheduled to
expire November 30, 2011.
The text of the proposed rule change
is available on the Exchange’s Web site
at https://www.nasdaqtrader.com/micro.
aspx?id=PHLXRulefilings, at the
principal office of the Exchange, and at
the Commission’s Public Reference
Room.
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
Exchange 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. The
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant aspects of such
statements.
1 15
Self-Regulatory Organizations;
NASDAQ OMX PHLX LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change Relating to the
Extension of a Pilot Program
Concerning Disseminated Quotations
November 2, 2011.
[FR Doc. 2011–28912 Filed 11–7–11; 8:45 am]
VerDate Mar<15>2010
SECURITIES AND EXCHANGE
COMMISSION
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
PO 00000
Frm 00071
Fmt 4703
Sfmt 4703
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 This proposal refers to ‘‘PHLX XL’’ as the
Exchange’s automated options trading system. In
May 2009 the Exchange enhanced the system and
adopted corresponding rules referring to the system
as ‘‘Phlx XL II.’’ See Securities Exchange Act
Release No. 59995 (May 28, 2009), 74 FR 26750
(June 3, 2009) (SR–Phlx–2009–32). The Exchange
intends to submit a separate technical proposed
rule change that would change all references to the
system from ‘‘Phlx XL II’’ to ‘‘PHLX XL’’ for
branding purposes.
2 17
E:\FR\FM\08NON1.SGM
08NON1
Agencies
[Federal Register Volume 76, Number 216 (Tuesday, November 8, 2011)]
[Notices]
[Page 69308]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-28996]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meeting
Notice is hereby given, pursuant to the provisions of the
Government in the Sunshine Act, Public Law 94-409, that the Securities
and Exchange Commission will hold a Closed Meeting on Thursday,
November 10, 2011 at 2 p.m.
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.
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), (7), (9)(B) and (10) and 17 CFR
200.402(a)(3), (5), (7), (9)(ii) and (10) permit consideration of the
scheduled matters at the Closed Meeting.
Commissioner Walter, as duty officer, voted to consider the items
listed for the Closed Meeting in a closed session.
The subject matter of the Closed Meeting scheduled for Thursday,
November 10, 2011 will be:
Institution and settlement of injunctive actions; institution and
settlement of administrative proceedings; and other matters relating to
enforcement proceedings.
At times, changes in Commission priorities require alterations in
the scheduling of meeting items.
For further information and to ascertain what, if any, matters have
been added, deleted or postponed, please contact: The Office of the
Secretary at (202) 551-5400.
Dated: November 3, 2011.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2011-28996 Filed 11-4-11; 11:15 am]
BILLING CODE 8011-01-P