Submission for OMB Review; Comment Request, 9435-9436 [2013-02852]
Download as PDF
Federal Register / Vol. 78, No. 27 / Friday, February 8, 2013 / Notices
Dated: February 4, 2013.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–02847 Filed 2–7–13; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[OMB Control No. 3235–0383, SEC File No.
270–331]
Submission for OMB Review;
Comment Request
Upon Written Request Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
sroberts on DSK5SPTVN1PROD with NOTICES
Extension:
Form F–7.
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 this
request for extension of the previously
approved collection of information
discussed below.
Form F–7 (17 CFR 239.37) is a
registration statement under the
Securities Act of 1933 (15 U.S.C. 77a et
seq.) used to register securities that are
offered for cash upon the exercise of
rights granted to a registrant’s existing
security holders to purchase or
subscribe such securities. The
information collected is intended to
ensure that the information required to
be filed by the Commission permits
verification of compliance with
securities law requirements and assures
the public availability of such
information. The information provided
is mandatory and all information is
made available to the public upon
request. Form F–7 takes approximately
4 hours per response to prepare and is
filed by approximately 5 respondents.
We estimate that 25% of 4 hours per
response (one hour) is prepared by the
company for a total annual reporting
burden of 5 hours (one hour per
response × 5 responses).
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,
www.reginfo.gov. Comments should be
directed to: (i) Desk Officer for the
Securities and Exchange Commission,
Office of Information and Regulatory
VerDate Mar<15>2010
17:23 Feb 07, 2013
Jkt 229001
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 PavlikSimon, 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.
Dated: February 4, 2013.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–02848 Filed 2–7–13; 8:45 am]
BILLING CODE 8011–01–P
9435
The public may view the background
documentation for this information
collection at the following Web site,
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 PavlikSimon, 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.
SECURITIES AND EXCHANGE
COMMISSION
Dated: February 4, 2013.
Kevin M. O’Neill,
Deputy Secretary.
[OMB Control No. 3235–0379, SEC File No.
270–336]
[FR Doc. 2013–02850 Filed 2–7–13; 8:45 am]
Submission for OMB Review;
Comment Request
Upon Written Request Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Form F–X.
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 this
request for extension of the previously
approved collection of information
discussed below.
Form F–X (17 CFR 239.42) is used to
appoint an agent for service of process
by Canadian issuers registering
securities on Forms F–7, F–8, F–9 or F–
10 under the Securities Act of 1933
(U.S.C. 77a et seq.), or filing periodic
reports on Form 40–F under the
Exchange Act of 1934 (15 U.S.C. 78a et
seq.). The information collected must be
filed with the Commission and is
publicly available. We estimate that it
takes approximately 2 hours per
response to prepare Form F–X and that
the information is filed by
approximately 161 respondents for a
total annual reporting burden of 322
hours (2 hours per response × 161
responses).
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.
PO 00000
Frm 00079
Fmt 4703
Sfmt 4703
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[OMB Control No. 3235–0069, SEC File No.
270–069]
Submission for OMB Review;
Comment Request
Upon Written Request; Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Industry Guides.
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 this
requests for extension of the previously
approved collections of information
discussed below.
Industries Guides are used by
registrants in certain industries as
disclosure guidelines to be followed in
presenting information to investors in
Securities Act (15 U.S.C. 77a et seq.)
and Exchange Act (15 U.S.C. 78a et seq.)
registration statements and certain other
Exchange Act filings. The paperwork
burden from the Industry Guides is
imposed through the forms that are
subject to the disclosure requirements in
the Industry Guides and is reflected in
the analysis of these documents. To
avoid a Paperwork Reduction Act
inventory reflecting duplicative
burdens, for administrative convenience
E:\FR\FM\08FEN1.SGM
08FEN1
9436
Federal Register / Vol. 78, No. 27 / Friday, February 8, 2013 / Notices
the Commission estimates the total
annual burden imposed by the Industry
Guides to be one hour. The information
required by the Industry Guides is filed
on occasion and is mandatory. All
information is provided to the public.
The Industry Guides do not directly
impose any disclosure burden.
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,
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 PavlikSimon, 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.
Dated: February 4, 2013.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–02852 Filed 2–7–13; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–68820; File No. SR–PHLX–
2013–12]
Self-Regulatory Organizations;
NASDAQ OMX PHLX LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Extend a
Pilot Program Related to Rule 3312,
Entitled ‘‘Clearly Erroneous
Transactions’’
sroberts on DSK5SPTVN1PROD with NOTICES
February 1, 2013.
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
31, 2013, 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 and II
below, which Items have been prepared
by the Exchange. The Commission is
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
VerDate Mar<15>2010
17:23 Feb 07, 2013
Jkt 229001
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 is filing with the
Commission a proposal to extend a pilot
program related to Rule 3312, entitled
‘‘Clearly Erroneous Transactions.’’ The
Exchange also proposes to adopt new
paragraph (g) to Rule 3312 in
connection with the upcoming
operation of the Plan to Address
Extraordinary Market Volatility
Pursuant to Rule 608 of Regulation NMS
under the Act (the ‘‘Limit Up-Limit
Down Plan’’ or ‘‘Plan’’).3
The text of the proposed rule change
is available on the Exchange’s Web site
at https://
nasdaqomxphlx.cchwallstreet.com, 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.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The purpose of this filing is to extend
the effectiveness of the Exchange’s
current rule applicable to Clearly
Erroneous Transactions and to adopt
new paragraph (g) to Rule 3312 in
connection with upcoming operation of
the Limit Up-Limit Down Plan.
Proposal To Extend Pilot
Portions of Rule 3312, explained in
further detail below, are currently
operating as a pilot program set to
expire on February 4, 2013.4 The
3 See Securities Exchange Act Release No. 67091
(May 31, 2012), 77 FR 33498 (June 6, 2012) (the
‘‘Limit Up-Limit Down Release’’).
4 See Securities Exchange Act Release No. 67538
(July 30, 2012), 77 FR 46548 (August 3, 2012) (SR–
PHLX–2012–100).
PO 00000
Frm 00080
Fmt 4703
Sfmt 4703
Exchange proposes to extend the pilot
program to September 30, 2013.
On September 10, 2010, the
Commission approved, on a pilot basis,
changes to Exchange Rule 3312 to
provide for uniform treatment: (1) Of
clearly erroneous transaction reviews in
multi-stock events involving twenty or
more securities; and (2) in the event
transactions occur that result in the
issuance of an individual stock trading
pause by the primary market and
subsequent transactions that occur
before the trading pause is in effect on
the Exchange.5 The Exchange also
adopted additional changes to Rule
3312 that reduced the ability of the
Exchange to deviate from the objective
standards set forth in Rule 3312.6 The
Exchange believes the benefits to market
participants from the more objective
clearly erroneous transactions rule
should continue on a pilot basis through
September 30, 2013, which is the date
that the Exchange anticipates that the
phased implementation of the Limit UpLimit Down Plan will be complete. As
explained in further detail below,
although the Limit Up-Limit Down Plan
is intended to prevent transactions that
would need to be nullified as clearly
erroneous, the Exchange believes that
certain protections should be
maintained while the industry gains
initial experience operating with the
Limit Up-Limit Down Plan, including
the provisions of Rule 3312 that
currently operate as a pilot.
Proposed Limit Up-Limit Down
Provision to Rule 3312
The Exchange proposes to adopt new
paragraph (g) to Rule 3312, to provide
that the existing provisions of Rule 3312
will continue to apply to all Exchange
transactions, including transactions in
securities subject to the Plan, other than
as set forth in proposed paragraph (g).
Accordingly, other than as proposed
below, the Exchange proposes to
maintain and continue to apply the
Clearly Erroneous Transaction standards
in the same way that it does today.
Notably, this means that the Exchange
might nullify transactions that occur
within the price bands disseminated
pursuant to the Limit Up-Limit Down
Plan to the extent such transactions
qualify as clearly erroneous under
existing criteria. As an example, assume
that a Tier 1 security pursuant to the
Plan has a reference price pursuant to
both the Plan and Rule 3312 of $100.00.
The lower pricing band under the Plan
5 See Securities Exchange Act Release No. 63491
(December 9, 2010), 75 FR 78297 (December 15,
2010) (SR–PHLX–2010–173).
6 Id.
E:\FR\FM\08FEN1.SGM
08FEN1
Agencies
[Federal Register Volume 78, Number 27 (Friday, February 8, 2013)]
[Notices]
[Pages 9435-9436]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-02852]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0069, SEC File No. 270-069]
Submission for OMB Review; Comment Request
Upon Written Request; Copies Available From: Securities and Exchange
Commission, Office of Investor Education and Advocacy, Washington, DC
20549-0213.
Extension:
Industry Guides.
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 this requests for extension of the previously approved
collections of information discussed below.
Industries Guides are used by registrants in certain industries as
disclosure guidelines to be followed in presenting information to
investors in Securities Act (15 U.S.C. 77a et seq.) and Exchange Act
(15 U.S.C. 78a et seq.) registration statements and certain other
Exchange Act filings. The paperwork burden from the Industry Guides is
imposed through the forms that are subject to the disclosure
requirements in the Industry Guides and is reflected in the analysis of
these documents. To avoid a Paperwork Reduction Act inventory
reflecting duplicative burdens, for administrative convenience
[[Page 9436]]
the Commission estimates the total annual burden imposed by the
Industry Guides to be one hour. The information required by the
Industry Guides is filed on occasion and is mandatory. All information
is provided to the public. The Industry Guides do not directly impose
any disclosure burden.
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, 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.
Dated: February 4, 2013.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-02852 Filed 2-7-13; 8:45 am]
BILLING CODE 8011-01-P