Proposed Collection; Comment Request, 68870 [2013-27324]
Download as PDF
<![CDATA[
emcdonald on DSK67QTVN1PROD with NOTICES
68870
Federal Register / Vol. 78, No. 221 / Friday, November 15, 2013 / Notices
M (17 CFR 242.103), under the
Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.). The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget (‘‘OMB’’) for
extension and approval.
Rule 103—Nasdaq Passive Market
Making—permits passive marketmaking in Nasdaq securities during a
distribution. A distribution participant
that seeks use of this exception would
be required to disclose to third parties
its intention to engage in passive market
making.
There are approximately 255
respondents per year that require an
aggregate total of 255 hours to comply
with this rule. Each respondent makes
an estimated 1 annual response. Each
response takes approximately 1 hour to
complete. Thus, the total compliance
burden per year is 255 burden hours.
The total estimated internal labor cost of
compliance for the respondents is
approximately $16,065.00, resulting in
an estimated internal labor cost of
compliance per response of
approximately $63.00 (i.e., $16,065.00/
255 responses).
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information shall have practical utility;
(b) the accuracy of the Commission’s
estimates of the burden of the proposed
collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be 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.
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.
Please direct your written comments
to: Thomas Bayer, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 100 F Street NE., Washington,
DC 20549 or send an email to: PRA_
Mailbox@sec.gov.
Dated: November 8, 2013.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–27326 Filed 11–14–13; 8:45 am]
BILLING CODE 8011–01–P
VerDate Mar<15>2010
16:58 Nov 14, 2013
Jkt 232001
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 101
SEC File No. 270–408, OMB Control No.
3235–0464.
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’’) is soliciting comments
on the existing collection of information
provided for in Rule 101 of Regulation
M (17 CFR 242.101), under the
Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.). The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget (‘‘OMB’’) for
extension and approval.
Rule 101—Activities by Distribution
Participants—prohibits distribution
participants from purchasing activities
at specified times during a distribution
of securities. Persons otherwise covered
by this rule may seek to use several
applicable exceptions such as a
calculation of the average daily trading
volume of the securities in distribution,
the maintenance of policies regarding
information barriers between their
affiliates, and the maintenance of a
written policy regarding general
compliance with Regulation M for de
minimus transactions.
There are approximately 1,762
respondents per year that require an
aggregate total of 34,525 hours to
comply with this rule. Each respondent
makes an estimated 1 annual response.
Each response takes on average
approximately 19.594 hours to
complete. Thus, the total compliance
burden per year is 34,525 burden hours.
The total estimated internal labor
compliance cost for the respondents is
approximately $2,175,075.00, resulting
in an estimated internal labor cost of
compliance for each respondent per
response of approximately $1,234.435
(i.e., $2,175,075.00/1,762 responses).
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information shall have practical utility;
(b) the accuracy of the Commission’s
estimates of the burden of the proposed
collection of information; (c) ways to
enhance the quality, utility, and clarity
PO 00000
Frm 00061
Fmt 4703
Sfmt 4703
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.
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.
Please direct your written comments
to: Thomas Bayer, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 100 F Street NE., Washington,
DC 20549 or send an email to: PRA_
Mailbox@sec.gov.
Dated: November 8, 2013.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–27324 Filed 11–14–13; 8:45 am]
BILLING CODE 8011–01–P
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:
Form 5 SEC File No. 270–323, OMB
Control No. 3235–0362.
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’’) 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.
Under Section 16(a) of the Securities
Exchange Act of 1934 (‘‘Exchange Act’’)
(15 U.S.C. 78a et seq.) every person who
is directly or indirectly the beneficial
owner of more than 10 percent of any
class of any equity security (other than
an exempted security) which registered
pursuant to Section 12 of the Exchange
Act, or who is a director or an officer of
the issuer of such security (collectively
‘‘reporting persons’’), must file
statements setting forth their security
holdings in the issuer with the
Commission. Form 5 (17 CFR 249.105)
E:\FR\FM\15NON1.SGM
15NON1
]]>Agencies
[Federal Register Volume 78, Number 221 (Friday, November 15, 2013)]
[Notices]
[Page 68870]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-27324]
-----------------------------------------------------------------------
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 101
SEC File No. 270-408, OMB Control No. 3235-0464.
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'') is soliciting comments on the existing
collection of information provided for in Rule 101 of Regulation M (17
CFR 242.101), under the Securities Exchange Act of 1934 (15 U.S.C. 78a
et seq.). The Commission plans to submit this existing collection of
information to the Office of Management and Budget (``OMB'') for
extension and approval.
Rule 101--Activities by Distribution Participants--prohibits
distribution participants from purchasing activities at specified times
during a distribution of securities. Persons otherwise covered by this
rule may seek to use several applicable exceptions such as a
calculation of the average daily trading volume of the securities in
distribution, the maintenance of policies regarding information
barriers between their affiliates, and the maintenance of a written
policy regarding general compliance with Regulation M for de minimus
transactions.
There are approximately 1,762 respondents per year that require an
aggregate total of 34,525 hours to comply with this rule. Each
respondent makes an estimated 1 annual response. Each response takes on
average approximately 19.594 hours to complete. Thus, the total
compliance burden per year is 34,525 burden hours. The total estimated
internal labor compliance cost for the respondents is approximately
$2,175,075.00, resulting in an estimated internal labor cost of
compliance for each respondent per response of approximately $1,234.435
(i.e., $2,175,075.00/1,762 responses).
Written comments are invited on: (a) Whether the proposed
collection of information is necessary for the proper performance of
the functions of the Commission, including whether the information
shall have practical utility; (b) the accuracy of the Commission's
estimates of the burden of the proposed 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.
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.
Please direct your written comments to: Thomas Bayer, Director/
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.
Dated: November 8, 2013.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-27324 Filed 11-14-13; 8:45 am]
BILLING CODE 8011-01-P
