Consent Based Social Security Number Verification (CBSV) Service, 30683 [2014-12242]
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Federal Register / Vol. 79, No. 102 / Wednesday, May 28, 2014 / Notices
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE.,
Washington, DC 20549–1090.
All submissions should refer to File
Number SR–CBOE–2014–045. This file
number should be included on the
subject line if email is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
Internet Web site (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for Web site viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE.,
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of such
filing also will be available for
inspection and copying at the principal
office of the CBOE. All comments
received will be posted without change;
the Commission does not edit personal
identifying information from
submissions. You should submit only
information that you wish to make
available publicly. All submissions
should refer to File Number SR–CBOE–
2014–045 and should be submitted on
or before June 18, 2014.
30683
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.8
Kevin M. O’Neill,
Deputy Secretary.
service to enrolled private businesses
and government agencies who obtain a
valid, signed consent form from the
Social Security number holder. We
originally published a notice
announcing the CBSV service in the
Federal Register on August 10, 2007.
Based on the consent forms, we verify
the number holders’ SSNs for the
requesting party. The Privacy Act of
1974 (5 U.S.C. 552a(b)), section 1106 of
the Social Security Act (42 U.S.C. 1306)
and our regulation at 20 CFR 401.100,
establish the legal authority for us to
provide SSN verifications to third party
requesters based on consent.
The CBSV process provides the
business community and other
government entities with consent-based
SSN verifications in high volume. We
developed CBSV as a user-friendly,
internet-based application with
safeguards that will protect the public’s
information. In addition to the benefit of
providing high volume, centralized SSN
verification services to the business
community in a secure manner, CBSV
provides us with cost and workload
management benefits.
New Information: To use CBSV,
interested parties must pay a one-time
non-refundable enrollment fee of
$5,000. Currently, users also pay a fee
of $1.10 per SSN verification transaction
in advance of services. We agreed to
calculate our costs periodically for
providing CBSV services and adjust the
fees as needed. We also agreed to notify
our customers who currently use the
service and allow them to cancel or
continue using the service at the new
transaction fee.
Based on the most recent cost
analysis, we will adjust the fiscal year
2014 fee to $3.10 per SSN verification
transaction. New customers will still be
responsible for the one-time $5,000
enrollment fee.
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
[FR Doc. 2014–12225 Filed 5–27–14; 8:45 am]
DATES:
Electronic Comments
Consent Based Social Security
Number Verification (CBSV) Service
change will impose any burden on
intramarket competition that is not
necessary or appropriate in furtherance
of the purposes of the Act because all of
the proposed changes will apply to all
market participants. CBOE does not
believe that the proposed rule change
will impose any burden on intermarket
competition that is not necessary or
appropriate in furtherance of the
purposes of the Act because the
proposed changes only apply to trading
on CBOE. To the extent that any of the
proposed changes makes CBOE a more
attractive market for market participants
on other exchanges, such market
participants may elect to become market
participants on CBOE.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
The Exchange neither solicited nor
received comments on the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act 6 and paragraph (f) of Rule
19b–4 7 thereunder. At any time within
60 days of the filing of the proposed rule
change, the Commission summarily may
temporarily suspend such rule change if
it appears to the Commission that such
action is necessary or appropriate in the
public interest, for the protection of
investors, or otherwise in furtherance of
the purposes of the Act. If the
Commission takes such action, the
Commission will institute proceedings
to determine whether the proposed rule
change should be approved or
disapproved.
emcdonald on DSK67QTVN1PROD with NOTICES
IV. Solicitation of Comments
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include File Number SR–
CBOE–2014–045 on the subject line.
6 15
7 17
16:58 May 27, 2014
The changes described above are
effective June 2, 2014.
FOR FURTHER INFORMATION CONTACT:
ACTION:
Esset Tate, Office of Public Service and
Operations Support, Social Security
Administration, 6401 Security
Boulevard, Baltimore, MD 21235–6401,
[410–966–8502], for more information
about the CBSV service, visit our
Internet site, Social Security Online, at
https://www.socialsecurity.gov/cbsv.
We provide fee-based Social
Security number (SSN) verification
Dated: May 22, 2014.
Esset Tate,
Project Manager, Office of Public Service and
Operations Support.
SOCIAL SECURITY ADMINISTRATION
[Docket No. SSA–2014–0027]
Social Security Administration.
Notice of Revised Transaction
Fee for Consent Based Social Security
Number Verification Service.
AGENCY:
SUMMARY:
[FR Doc. 2014–12242 Filed 5–27–14; 8:45 am]
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f).
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CFR 200.30–3(a)(12).
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Agencies
[Federal Register Volume 79, Number 102 (Wednesday, May 28, 2014)]
[Notices]
[Page 30683]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-12242]
=======================================================================
-----------------------------------------------------------------------
SOCIAL SECURITY ADMINISTRATION
[Docket No. SSA-2014-0027]
Consent Based Social Security Number Verification (CBSV) Service
AGENCY: Social Security Administration.
ACTION: Notice of Revised Transaction Fee for Consent Based Social
Security Number Verification Service.
-----------------------------------------------------------------------
SUMMARY: We provide fee-based Social Security number (SSN) verification
service to enrolled private businesses and government agencies who
obtain a valid, signed consent form from the Social Security number
holder. We originally published a notice announcing the CBSV service in
the Federal Register on August 10, 2007.
Based on the consent forms, we verify the number holders' SSNs for
the requesting party. The Privacy Act of 1974 (5 U.S.C. 552a(b)),
section 1106 of the Social Security Act (42 U.S.C. 1306) and our
regulation at 20 CFR 401.100, establish the legal authority for us to
provide SSN verifications to third party requesters based on consent.
The CBSV process provides the business community and other
government entities with consent-based SSN verifications in high
volume. We developed CBSV as a user-friendly, internet-based
application with safeguards that will protect the public's information.
In addition to the benefit of providing high volume, centralized SSN
verification services to the business community in a secure manner,
CBSV provides us with cost and workload management benefits.
New Information: To use CBSV, interested parties must pay a one-
time non-refundable enrollment fee of $5,000. Currently, users also pay
a fee of $1.10 per SSN verification transaction in advance of services.
We agreed to calculate our costs periodically for providing CBSV
services and adjust the fees as needed. We also agreed to notify our
customers who currently use the service and allow them to cancel or
continue using the service at the new transaction fee.
Based on the most recent cost analysis, we will adjust the fiscal
year 2014 fee to $3.10 per SSN verification transaction. New customers
will still be responsible for the one-time $5,000 enrollment fee.
DATES: The changes described above are effective June 2, 2014.
FOR FURTHER INFORMATION CONTACT: Esset Tate, Office of Public Service
and Operations Support, Social Security Administration, 6401 Security
Boulevard, Baltimore, MD 21235-6401, [410-966-8502], for more
information about the CBSV service, visit our Internet site, Social
Security Online, at https://www.socialsecurity.gov/cbsv.
Dated: May 22, 2014.
Esset Tate,
Project Manager, Office of Public Service and Operations Support.
[FR Doc. 2014-12242 Filed 5-27-14; 8:45 am]
BILLING CODE 4191-02-P