Proposed Collection; Comment Request, 11601-11602 [2012-4422]

Download as PDF Federal Register / Vol. 77, No. 38 / Monday, February 27, 2012 / Notices or earns more than prescribed dollar amounts from either non-railroad employment or self-employment. Certain types of work may indicate an annuitant’s recovery from disability. The provisions relating to the reduction or non-payment of an annuity by reason of work, and an annuitant’s recovery from disability for work, are prescribed in 20 CFR 220.17–220.20. The RRB conducts continuing disability reviews (CDR) to determine whether an annuitant continues to meet the disability requirements of the law. Provisions relating to when and how often the RRB conducts CDRs are prescribed in 20 CFR 220.186. Form G–254, Continuing Disability Report, is used by the RRB to develop information for a CDR determination, including a determination prompted by a report of work, return to railroad service, allegation of medical improvement, or a routine disability review call-up. Form G–254a, Continuing Disability Update Report, is used to help identify a disability annuitant whose work activity and/or recent medical history warrants completion of Form G–254 for a more extensive review. Completion is required to retain a benefit. One response is requested of each respondent to Forms G–254 and G– 254a. Previous Requests for Comments: The RRB has already published the initial 60-day notice (76 FR 80988 on December 27, 2011) required by 44 U.S.C. 3506(c)(2). That request elicited no comments. Information Collection Request (ICR) Title: Continuing Disability Report. G–254 .............................................................................................................................. G–254a ............................................................................................................................ Total .......................................................................................................................... Additional Information or Comments: Copies of the forms and supporting documents can be obtained from Dana Hickman at (312) 751–4981 or Dana.Hickman@RRB.GOV. Comments regarding the information collection should be addressed to Charles Mierzwa, Railroad Retirement Board, 844 North Rush Street, Chicago, Illinois 60611–2092 or Charles.Mierzwa@RRB.GOV and to the OMB Desk Officer for the RRB, Fax: 202–395–6974, Email address: OIRA_Submission@omb.eop.gov. Charles Mierzwa, Chief of Information Resources Management. [FR Doc. 2012–4455 Filed 2–24–12; 8:45 am] BILLING CODE 7905–01–P SECURITIES AND EXCHANGE COMMISSION srobinson on DSK4SPTVN1PROD 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: Mutual Fund Interactive Data; SEC File No. 270–580; OMB Control No. 3235–0642. Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the Securities VerDate Mar<15>2010 18:10 Feb 24, 2012 Jkt 226001 OMB Control Number: 3220–0187. Forms submitted: G–254 and G–254a. Type of request: Revision of a currently approved collection. Affected public: Individuals or Households. Abstract: Under the Railroad Retirement Act, a disability annuity can be reduced or not paid, depending on the amount of earnings and type of work performed. The collection obtains information about a disabled annuitant’s employment and earnings. Changes proposed: The RRB proposes non-burden impacting editorial and formatting changes to Form G–254 and revision of Form G–254a to include a request for the applicant’s daytime telephone number to resolve any ambiguous issues. The burden estimate for the ICR is as follows: Annual responses Form No. and Exchange Commission (the ‘‘Commission’’) is soliciting comments on the collection of information summarized below. The Commission plans to submit this existing collection of information to the Office of Management and Budget (‘‘OMB’’) for extension and approval. Open-end management investment companies (‘‘funds’’) are required to submit to the Commission information included in their registration statements, or information included in or amended by post-effective amendments thereto, in response to Items 2, 3, and 4 (‘‘risk/return summary information’’) of Form N–1A (17 CFR 239.15A and 274.11A) in interactive data format and to post it on their Web sites, if any, in interactive data form. In addition, funds are required to submit an interactive data file to the Commission for any form of prospectus filed pursuant to rule 497(c) or (e) (17 CFR 230.497) under the Securities Act of 1933 (15 U.S.C. 77a et seq.) that includes risk/return summary information that varies from the registration statement and to post the interactive data file on their Web sites, if any. The title for the collection of information for submitting risk/return summary information in interactive data format is ‘‘Mutual Fund Interactive Data.’’ This collection of information relates to regulations and forms adopted under the Securities Act, the Securities PO 00000 Frm 00122 Fmt 4703 Sfmt 4703 11601 1,500 1,500 3,000 Time (minutes) 5–35 5 ............................ Burden (hours) 623 125 748 Exchange Act of 1934 (15 U.S.C. 78a et seq.), and the Investment Company Act of 1940 (15 U.S.C. 80a–1 et seq.) that set forth disclosure requirements for funds and other issuers. The purpose of the Mutual Fund Interactive Data requirements is to make risk/return summary information easier for investors to analyze and to assist in automating regulatory filings and business information processing. Funds are required to file an initial registration statement on Form N–1A and to update that registration statement annually. The Commission estimates that each fund will submit one interactive data document as an exhibit to a registration statement or a posteffective amendment thereto on Form N–1A that includes or amends information provided in response to Items 2, 3 or 4 annually. In addition, based on a review by Commission staff of Mutual Fund Interactive Data submissions in calendar year 2011, the Commission estimates that 33% of funds will provide risk/return summary information as interactive data in additional filings submitted pursuant to rule 485(b) (17 CFR 230.485(b)) or rule 497 under the Securities Act annually. The Commission estimates that the total annual hour burden associated with tagging risk/return summary information is approximately 11 hours. Based on estimates of 9,800 funds each submitting one interactive data document as an exhibit to a registration E:\FR\FM\27FEN1.SGM 27FEN1 srobinson on DSK4SPTVN1PROD with NOTICES 11602 Federal Register / Vol. 77, No. 38 / Monday, February 27, 2012 / Notices statement or post-effective amendment thereto and 3,200 funds submitting an additional interactive data document as an exhibit to a filing pursuant to rule 485(b) or rule 497, each incurring 11 hours per year on average, the Commission estimates that, in the aggregate, the tagging of risk/return summary information will result in approximately 143,000 annual burden hours. In addition, the Commission estimates that funds will require an average of approximately one burden hour to post interactive data to their Web sites. Based on estimates of 9,800 funds each posting one interactive data document as an exhibit to a registration statement or post-effective amendment thereto and 3,200 funds posting an additional interactive data document as an exhibit to a filing pursuant to rule 485(b) or rule 497, each incurring one burden hour per year on average, the Commission estimates that, in the aggregate, Mutual Fund Interactive Data Web site posting requirements will result in approximately 13,000 annual burden hours. The Commission estimates that the average cost burden per fund is $841 per year. Based on the estimate of 9,800 funds using software and/or consulting services at an annual cost of $841, the Commission estimates that, in the aggregate, the total external costs to the industry will be approximately $8.2 million. 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 representative survey or study of the costs of Commission rules and forms. The collection of information under the Mutual Fund Interactive Data requirements is mandatory for all funds. Responses to the disclosure requirements will not be 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. Written comments are invited on: (a) Whether the proposed collection of information is necessary for the proper 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 of 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 VerDate Mar<15>2010 18:10 Feb 24, 2012 Jkt 226001 to comments and suggestions submitted in writing within 60 days of this publication. Please direct your written comments to Thomas Bayer, Director/Chief Information Officer, Securities and Exchange Commission, c/o Remi PavlikSimon, 6432 General Green Way, Alexandria, VA 22312; or send an email to: PRA_Mailbox@sec.gov. Dated: February 21, 2012. Kevin M. O’Neill, Deputy Secretary. [FR Doc. 2012–4422 Filed 2–24–12; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–66428; File No. SR– NASDAQ–2012–028] Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Modify NASDAQ Connectivity Options and Fees February 21, 2012. 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 February 13, 2012, The NASDAQ Stock Market LLC (‘‘NASDAQ’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘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 the Substance of the Proposed Rule Change The Exchange proposes to modify NASDAQ connectivity options and fees. The text of the proposed rule change is available at https:// nasdaq.cchwallstreet.com/, at the Exchange’s principal office, 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 1 15 2 17 PO 00000 U.S.C. 78s(b)(1). CFR 240.19b–4. Frm 00123 Fmt 4703 Sfmt 4703 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. A. Self-Regulatory Organization’s Statement of the Purpose of, and the Statutory Basis for, the Proposed Rule Change 1. Purpose The Exchange proposes to modify Rule 7034(b) regarding connectivity to NASDAQ. Specifically, the Exchange proposes to (i) establish a connectivity fee for a 40Gb enhanced bandwidth option; and (ii) provide a waiver of installation fees for upgrades. Enhanced Bandwidth Option The Exchange currently offers various bandwidth options for connectivity to NASDAQ, including a 10Gb fiber connection, a 1Gb copper connection, and a 100 MB connection.3 In keeping with changes in technology, the Exchange now proposes to provide an enhanced bandwidth option to enable its clients a more efficient connection to the Exchange. The Exchange proposes a 40G [sic] fiber connection with a onetime installation fee of $1,500, and a per-month connectivity fee of $15,000. The growth in the size of consolidated and proprietary data feeds has resulted in demand for higher bandwidth. As the number of feeds available and the size of the feeds increases, the bandwidth required for market data feeds steadily rises. The Exchange’s proposal provides the co-located client the option to select the bandwidth that is appropriate for the firm’s current needs and enables it to add or change services as its needs change. Waiver of Installation Fees The Exchange also proposes to provide a waiver of the installation fees for client orders of 10Gb and 40Gb fiber connectivity to NASDAQ completed between the effectiveness of this proposal and May 31, 2012. The Exchange is providing the waiver to assist its co-located clients in upgrading to higher bandwidth connections to meet the growing needs of co-located clients’ business operations. 2. Statutory Basis The Exchange believes that its proposal is consistent with Section 6(b) of the Act 4 in general, and with Section 3 See Exchange Rule 7034(b), Connectivity to Nasdaq. All co-location services are provided by NASDAQ Technology Services LLC. 4 15 U.S.C. 78f(b). E:\FR\FM\27FEN1.SGM 27FEN1

Agencies

SECURITIES AND EXCHANGE COMMISSION

[Federal Register Volume 77, Number 38 (Monday, February 27, 2012)]
[Notices]
[Pages 11601-11602]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-4422]


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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:
    Mutual Fund Interactive Data; SEC File No. 270-580; OMB Control 
No. 3235-0642.

    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 (the ``Commission'') is soliciting comments on the 
collection of information summarized below. The Commission plans to 
submit this existing collection of information to the Office of 
Management and Budget (``OMB'') for extension and approval.
    Open-end management investment companies (``funds'') are required 
to submit to the Commission information included in their registration 
statements, or information included in or amended by post-effective 
amendments thereto, in response to Items 2, 3, and 4 (``risk/return 
summary information'') of Form N-1A (17 CFR 239.15A and 274.11A) in 
interactive data format and to post it on their Web sites, if any, in 
interactive data form. In addition, funds are required to submit an 
interactive data file to the Commission for any form of prospectus 
filed pursuant to rule 497(c) or (e) (17 CFR 230.497) under the 
Securities Act of 1933 (15 U.S.C. 77a et seq.) that includes risk/
return summary information that varies from the registration statement 
and to post the interactive data file on their Web sites, if any.
    The title for the collection of information for submitting risk/
return summary information in interactive data format is ``Mutual Fund 
Interactive Data.'' This collection of information relates to 
regulations and forms adopted under the Securities Act, the Securities 
Exchange Act of 1934 (15 U.S.C. 78a et seq.), and the Investment 
Company Act of 1940 (15 U.S.C. 80a-1 et seq.) that set forth disclosure 
requirements for funds and other issuers. The purpose of the Mutual 
Fund Interactive Data requirements is to make risk/return summary 
information easier for investors to analyze and to assist in automating 
regulatory filings and business information processing.
    Funds are required to file an initial registration statement on 
Form N-1A and to update that registration statement annually. The 
Commission estimates that each fund will submit one interactive data 
document as an exhibit to a registration statement or a post-effective 
amendment thereto on Form N-1A that includes or amends information 
provided in response to Items 2, 3 or 4 annually. In addition, based on 
a review by Commission staff of Mutual Fund Interactive Data 
submissions in calendar year 2011, the Commission estimates that 33% of 
funds will provide risk/return summary information as interactive data 
in additional filings submitted pursuant to rule 485(b) (17 CFR 
230.485(b)) or rule 497 under the Securities Act annually.
    The Commission estimates that the total annual hour burden 
associated with tagging risk/return summary information is 
approximately 11 hours. Based on estimates of 9,800 funds each 
submitting one interactive data document as an exhibit to a 
registration

[[Page 11602]]

statement or post-effective amendment thereto and 3,200 funds 
submitting an additional interactive data document as an exhibit to a 
filing pursuant to rule 485(b) or rule 497, each incurring 11 hours per 
year on average, the Commission estimates that, in the aggregate, the 
tagging of risk/return summary information will result in approximately 
143,000 annual burden hours. In addition, the Commission estimates that 
funds will require an average of approximately one burden hour to post 
interactive data to their Web sites. Based on estimates of 9,800 funds 
each posting one interactive data document as an exhibit to a 
registration statement or post-effective amendment thereto and 3,200 
funds posting an additional interactive data document as an exhibit to 
a filing pursuant to rule 485(b) or rule 497, each incurring one burden 
hour per year on average, the Commission estimates that, in the 
aggregate, Mutual Fund Interactive Data Web site posting requirements 
will result in approximately 13,000 annual burden hours.
    The Commission estimates that the average cost burden per fund is 
$841 per year. Based on the estimate of 9,800 funds using software and/
or consulting services at an annual cost of $841, the Commission 
estimates that, in the aggregate, the total external costs to the 
industry will be approximately $8.2 million.
    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 representative survey or study of the costs of Commission rules 
and forms.
    The collection of information under the Mutual Fund Interactive 
Data requirements is mandatory for all funds. Responses to the 
disclosure requirements will not be 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.
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper 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 of 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 comments to 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.

    Dated: February 21, 2012.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-4422 Filed 2-24-12; 8:45 am]
BILLING CODE 8011-01-P

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