Submission for OMB Review; Comment Request, 58351-58352 [2013-23012]
Download as PDF
Federal Register / Vol. 78, No. 184 / Monday, September 23, 2013 / Notices
other forms of information technology,
e.g., permitting electronic submission of
responses.
Agency: DOL–MSHA.
Title of Collection: Operations Under
Water.
OMB Control Number: 1219–0020.
Affected Public: Private Sector—
business or other for-profits.
Total Estimated Number of
Respondents: 70.
Total Estimated Number of
Responses: 70.
Total Estimated Annual Burden
Hours: 385.
Total Estimated Annual Other Costs
Burden: $1,060.
Dated: September 16, 2013.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2013–22955 Filed 9–20–13; 8:45 am]
BILLING CODE 4510–43–P
SECURITIES AND EXCHANGE
COMMISSION
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–2013
emcdonald on DSK67QTVN1PROD with NOTICES
Extension:
Rule 602, SEC File No. 270–404, OMB
Control No. 3235–0461
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of the
extension of the previously approved
collection of information provided for in
Rule 602 of Regulation NMS (17 CFR
240.602), under the Securities Exchange
Act of 1934 (15 U.S.C. 78a et seq.).
Rule 602 of Regulation NMS,
Dissemination of Quotations in NMS
securities, contains two related
collections. The first collection of
information is found in Rule 602(a).1
This third-party disclosure requirement
obligates each national securities
exchange and national securities
association to make available to
quotation vendors for dissemination to
the public the best bid, best offer, and
aggregate quotation size for each
‘‘subject security,’’ as defined under the
Rule. The second collection of
information is found in Rule 602(b).2
1 17
2
CFR 242.602(a).
17 CFR 242.602(b).
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This disclosure requirement obligates
any exchange member and over-thecounter (‘‘OTC’’) market maker that is a
‘‘responsible broker or dealer,’’ as
defined under the Rule, to communicate
to an exchange or association their best
bids, best offers, and quotation sizes for
subject securities.3
It is anticipated that 17 respondents,
consisting of 16 national securities
exchanges and one national securities
association, will collectively respond
approximately 839,944,682,631 times
per year pursuant to Rule 602(a) at 18.22
microseconds per response, resulting in
a total annual burden of approximately
4,250 hours.
It is anticipated that approximately
150 respondents, consisting of OTC
market makers, will collectively
respond approximately 28,200,000
times per year pursuant to Rule 602(b)
at 3 seconds per response, resulting in
a total annual burden of approximately
23,500 hours.
Thus, the aggregate third-party
disclosure burden under Rule 602 is
27,750 hours annually which is
comprised of 4,250 hours relating to
Rule 602(a) and 23,500 hours relating to
Rule 602(b).
Compliance with Rule 602 of
Regulation NMS is mandatory and the
information collected is made available
to the public.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
The public may view 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, 100 F Street NE., Washington,
3 Under Rule 602(b)(5), electronic
communications networks (‘‘ECNs’’) have the
option of reporting to an exchange or association for
public dissemination, on behalf of customers that
are OTC market makers or exchange market makers,
the best-priced orders and the full size for such
orders entered by market makers on the ECN, to
satisfy such market makers’ reporting obligation
under Rule 602(b). Since this reporting requirement
is an alternative method of meeting the market
makers’ reporting obligation, and because it is
directed to nine or fewer persons (ECNs), this
collection of information is not subject to OMB
review under the Paperwork Reduction Act
(‘‘PRA’’).
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58351
DC 20549, or by sending an email to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
September 17, 2013.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–23011 Filed 9–20–13; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
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 N–CSR; OMB Control No. 3235–
0570, SEC File No. 270–512
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’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for extension of the
previously approved collection of
information discussed below.
Form N–CSR (17 CFR 249.331 and
274.128) is a combined reporting form
used by registered management
investment companies (‘‘funds’’) to file
certified shareholder reports under the
Investment Company Act of 1940 (15
U.S.C. 80a–1 et seq.) (‘‘Investment
Company Act’’) and the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.) (‘‘Exchange Act’’). Specifically,
Form N–CSR is to be used for reports
under section 30(b)(2) of the Investment
Company Act (15 U.S.C. 80a–29(b)(2))
and section 13(a) or 15(d) of the
Exchange Act (15 U.S.C. 78m(a) and
78o(d)), filed pursuant to rule 30b2–1(a)
under the Investment Company Act (17
CFR 270.30b2–1(a)). Reports on Form N
CSR are to be filed with the Securities
and Exchange Commission
(‘‘Commission’’) no later than 10 days
after the transmission to stockholders of
any report that is required to be
transmitted to stockholders under rule
30e–1 under the Investment Company
Act (17 CFR 270.30e–1).
Form N–CSR is filed semi-annually,
and the Commission estimates that there
are 3,288 respondents. The Commission
also estimates that the average number
of portfolios referenced in each filing is
3.75. The Commission further estimates
that the hour burden for preparing and
filing a report on Form N–CSR is 7.21
E:\FR\FM\23SEN1.SGM
23SEN1
58352
Federal Register / Vol. 78, No. 184 / Monday, September 23, 2013 / Notices
hours per portfolio. Given that filings on
Form N–CSR are filed semi-annually,
filings on Form N–CSR require 14.42
hours per portfolio each year. The total
annual hour burden for Form N–CSR,
therefore, is estimated to be 177,799
hours. The estimated total annual cost
burden to respondents for outside
professionals associated with the
collection of data relating to Form N–
CSR is $3,189,771.
The information collection
requirements imposed by Form N–CSR
are mandatory. Responses to the
collection of information 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 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, Chief Information Officer,
Securities and Exchange Commission,
c/o Remi Pavlik-Simon, 100 F Street
NE., Washington, DC 20549 or send an
email to: PRA_Mailbox@sec.gov.
Comments must be submitted to OMB
within 30 days of this notice.
Dated: September 17, 2013.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–23012 Filed 9–20–13; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–70429; File No. S7–24–89]
Joint Industry Plan; Notice of Filing of
Amendment No. 30 to the Joint SelfRegulatory Organization Plan
Governing the Collection,
Consolidation and Dissemination of
Quotation and Transaction Information
for Nasdaq-Listed Securities Traded on
Exchanges on an Unlisted Trading
Privileges Basis Submitted by the
BATS Exchange, Inc., BATS YExchange, Inc., Chicago Board
Options Exchange, Incorporated,
Chicago Stock Exchange, Inc., EDGA
Exchange, Inc., EDGX Exchange, Inc.,
Financial Industry Regulatory
Authority, Inc., International Securities
Exchange LLC, NASDAQ OMX BX, Inc.,
NASDAQ OMX PHLX LLC, Nasdaq
Stock Market LLC, National Stock
Exchange, Inc., New York Stock
Exchange LLC, NYSE MKT LLC, and
NYSE Arca, Inc.
September 17, 2013.
Pursuant to Section 11A of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 608 thereunder,2
notice is hereby given that on
September 9, 2013, the operating
committee (‘‘Operating Committee’’ or
‘‘Committee’’) 3 of the Joint SelfRegulatory Organization Plan Governing
the Collection, Consolidation, and
Dissemination of Quotation and
Transaction Information for NasdaqListed Securities Traded on Exchanges
on an Unlisted Trading Privilege Basis
(‘‘Nasdaq/UTP Plan’’ or ‘‘Plan’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’) an
amendment to the Plan.4 This
amendment represents Amendment No.
1 15
U.S.C. 78k–1.
CFR 242.608.
3 The Plan Participants (collectively,
‘‘Participants’’) are the: BATS Exchange, Inc.; BATS
Y-Exchange, Inc.; Chicago Board Options Exchange,
Incorporated; Chicago Stock Exchange, Inc.; EDGA
Exchange, Inc.; EDGX Exchange, Inc.; Financial
Industry Regulatory Authority, Inc.; International
Securities Exchange LLC; NASDAQ OMX BX, Inc.;
NASDAQ OMX PHLX LLC; Nasdaq Stock Market
LLC; National Stock Exchange, Inc.; New York
Stock Exchange LLC; NYSE MKT LLC; and NYSE
Arca, Inc.
4 The Plan governs the collection, processing, and
dissemination on a consolidated basis of quotation
information and transaction reports in Eligible
Securities for each of its Participants. This
consolidated information informs investors of the
current quotation and recent trade prices of Nasdaq
securities. It enables investors to ascertain from one
data source the current prices in all the markets
trading Nasdaq securities. The Plan serves as the
required transaction reporting plan for its
Participants, which is a prerequisite for their
trading Eligible Securities. See Securities Exchange
Act Release No. 55647 (April 19, 2007), 72 FR
20891 (April 26, 2007).
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2 17
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30 (‘‘Amendment No. 30’’) 5 to the Plan
and proposes to remove odd-lot
transactions from the list of transactions
that are not to be reported for inclusion
on the consolidated tape. The
Commission is publishing this notice to
solicit comments from interested
persons.
I. Rule 608(a)
A. Purpose of the Amendments
Currently, Section XIII(B)
(Transaction Reports) of the Nasdaq/
UTP Plan provides that ‘‘Each
Participant shall, during the time it is
open for trading, be responsible
promptly to collect and transmit to the
Processor Transaction Reports in
Eligible Securities executed in its
Market by means prescribed herein.’’
However, that section goes on to say
that ‘‘The following types of
transactions are not required to be
reported to the Processor pursuant to
the Plan.’’ That list includes odd-lot
transactions.
Because odd-lot transactions account
for a not insignificant percentage of
trading volume, the Participants have
determined that including odd-lot
transactions on the consolidated tape of
Nasdaq/UTP Plan last sale prices would
add post-trade transparency to the
marketplace.
This amendment proposes to add
odd-lot transactions to the consolidated
tape by removing them from Section
XIII(B)’s list of transactions that are not
required to be reported for inclusion on
the consolidated tape.
Due to the lack of economic
significance of many individual odd-lot
orders, the Participants do not propose
to include odd-lot transactions in
calculations of last sale prices.
Therefore, odd-lot transactions would
not be included in calculations of high
and low prices and would not be subject
to Limit Up/Limit Down rules.
Similarly, including odd-lot
transactions on the consolidated tape
would not trigger short sale restrictions
or trading halts. However, odd-lot
transactions would be included in
calculations of daily consolidated
volume.
5 The proposal was originally designated as
Amendment No. 31. See Letter from Thomas P.
Knorring, Chairman, Nasdaq/UTP Plan Operating
Committee to Elizabeth M. Murphy, Secretary,
Commission, dated September 9, 2013
(‘‘Transmittal Letter’’). On September 17, 2013, the
Participants filed a letter to re-designate the
proposal as Amendment No. 30 and to correct a
marking error in the Plan language. See Letter from
Thomas P. Knorring, Chairman, Nasdaq/UTP Plan
Operating Committee to Katherine A. England,
Assistant Director, Division of Trading and Markets,
Commission, dated September 17, 2013.
E:\FR\FM\23SEN1.SGM
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Agencies
[Federal Register Volume 78, Number 184 (Monday, September 23, 2013)]
[Notices]
[Pages 58351-58352]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-23012]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
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 N-CSR; OMB Control No. 3235-0570, SEC File No. 270-512
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'') has submitted to the Office of
Management and Budget (``OMB'') a request for extension of the
previously approved collection of information discussed below.
Form N-CSR (17 CFR 249.331 and 274.128) is a combined reporting
form used by registered management investment companies (``funds'') to
file certified shareholder reports under the Investment Company Act of
1940 (15 U.S.C. 80a-1 et seq.) (``Investment Company Act'') and the
Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (``Exchange
Act''). Specifically, Form N-CSR is to be used for reports under
section 30(b)(2) of the Investment Company Act (15 U.S.C. 80a-29(b)(2))
and section 13(a) or 15(d) of the Exchange Act (15 U.S.C. 78m(a) and
78o(d)), filed pursuant to rule 30b2-1(a) under the Investment Company
Act (17 CFR 270.30b2-1(a)). Reports on Form N CSR are to be filed with
the Securities and Exchange Commission (``Commission'') no later than
10 days after the transmission to stockholders of any report that is
required to be transmitted to stockholders under rule 30e-1 under the
Investment Company Act (17 CFR 270.30e-1).
Form N-CSR is filed semi-annually, and the Commission estimates
that there are 3,288 respondents. The Commission also estimates that
the average number of portfolios referenced in each filing is 3.75. The
Commission further estimates that the hour burden for preparing and
filing a report on Form N-CSR is 7.21
[[Page 58352]]
hours per portfolio. Given that filings on Form N-CSR are filed semi-
annually, filings on Form N-CSR require 14.42 hours per portfolio each
year. The total annual hour burden for Form N-CSR, therefore, is
estimated to be 177,799 hours. The estimated total annual cost burden
to respondents for outside professionals associated with the collection
of data relating to Form N-CSR is $3,189,771.
The information collection requirements imposed by Form N-CSR are
mandatory. Responses to the collection of information 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 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, Chief Information Officer,
Securities and Exchange Commission, c/o Remi Pavlik-Simon, 100 F Street
NE., Washington, DC 20549 or send an email to: PRA_Mailbox@sec.gov.
Comments must be submitted to OMB within 30 days of this notice.
Dated: September 17, 2013.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-23012 Filed 9-20-13; 8:45 am]
BILLING CODE 8011-01-P