Submission for OMB Review; Comment Request, 74782-74783 [2014-29366]
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74782
Federal Register / Vol. 79, No. 241 / Tuesday, December 16, 2014 / Notices
certain circumstances, including in the
establishment of prices and
classifications for market-dominant
products and the revocation of a
delegation of Board authority. In such
circumstances, the Governors
determined that it was reasonable and
appropriate to apply the same rule as
generally specified by the statute for the
exercise of its powers: action can be
taken with the consent of an absolute
majority of the Governors then in office.
Stanley F. Mires,
Attorney, Federal Requirements.
[FR Doc. 2014–29344 Filed 12–15–14; 8:45 am]
BILLING CODE 7710–12–P
Stanley F. Mires,
Attorney, Federal Requirements.
POSTAL SERVICE
Product Change—Priority Mail Express
Negotiated Service Agreement
Postal
Notice.
AGENCY:
ACTION:
Agreements in the Mail Classification
Schedule’s Competitive Products List.
DATES: Effective date: December 16,
2014.
FOR FURTHER INFORMATION CONTACT:
Elizabeth A. Reed, 202–268–3179.
SUPPLEMENTARY INFORMATION: The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on December 9,
2014, it filed with the Postal Regulatory
Commission a Request of the United
States Postal Service to Add Priority
Mail Express Contract 23 to Competitive
Product List. Documents are available at
www.prc.gov, Docket Nos. MC2015–16,
CP2015–20.
[FR Doc. 2014–29376 Filed 12–15–14; 8:45 am]
BILLING CODE 7710–12–P
ServiceTM.
POSTAL SERVICE
The Postal Service gives
notice of filing a request with the Postal
Regulatory Commission to add a
domestic shipping services contract to
the list of Negotiated Service
Agreements in the Mail Classification
Schedule’s Competitive Products List.
DATES: Effective date: December 16,
2014.
SUMMARY:
Product Change—Priority Mail
Negotiated Service Agreement
Postal ServiceTM.
Notice.
AGENCY:
ACTION:
BILLING CODE 7710–12–P
The Postal Service gives
notice of filing a request with the Postal
Regulatory Commission to add a
domestic shipping services contract to
the list of Negotiated Service
Agreements in the Mail Classification
Schedule’s Competitive Products List.
DATES: Effective date: December 16,
2014.
FOR FURTHER INFORMATION CONTACT:
Elizabeth A. Reed, 202–268–3179.
SUPPLEMENTARY INFORMATION: The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on December 9,
2014, it filed with the Postal Regulatory
Commission a Request of the United
States Postal Service to Add Priority
Mail Contract 103 to Competitive
Product List. Documents are available at
www.prc.gov, Docket Nos. MC2015–17,
CP2015–21.
POSTAL SERVICE
Stanley F. Mires,
Attorney, Federal Requirements.
FOR FURTHER INFORMATION CONTACT:
Elizabeth A. Reed, 202–268–3179.
The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on December 9,
2014, it filed with the Postal Regulatory
Commission a Request of the United
States Postal Service to Add Priority
Mail Express Contract 22 to Competitive
Product List. Documents are available at
www.prc.gov, Docket Nos. MC2015–15,
CP2015–19.
SUPPLEMENTARY INFORMATION:
Stanley F. Mires,
Attorney, Federal Requirements.
[FR Doc. 2014–29378 Filed 12–15–14; 8:45 am]
SUMMARY:
[FR Doc. 2014–29377 Filed 12–15–14; 8:45 am]
mstockstill on DSK4VPTVN1PROD with NOTICES
Product Change—Priority Mail Express
Negotiated Service Agreement
Postal ServiceTM.
ACTION: Notice.
AGENCY:
SECURITIES AND EXCHANGE
COMMISSION
The Postal Service gives
notice of filing a request with the Postal
Regulatory Commission to add a
domestic shipping services contract to
the list of Negotiated Service
SUMMARY:
VerDate Sep<11>2014
19:38 Dec 15, 2014
BILLING CODE 7710–12–P
Jkt 235001
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: Securities and Exchange
PO 00000
Frm 00101
Fmt 4703
Sfmt 4703
Commission, Office of FOIA Services,
100 F Street NE., Washington, DC
20549–2736.
Extension:
Rule 12d2–2 and Form 25, SEC File No.
270–86, OMB Control No. 3235–0080.
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 a
request for approval of extension of the
existing collection of information
provided for the following rule: Rule
12d2–2 (17 CFR 240.12d2–2) and Form
25 (17 CFR 249.25).
On February 12, 1935, the
Commission adopted Rule 12d2–2,1 and
Form 25 under the Securities Exchange
Act of 1934 (15 U.S.C. 78a et seq.)
(‘‘Act’’), which sets forth the conditions
and procedures under which a security
may be delisted from an exchange and
withdrawn from registration under
Section 12(b) of the Act.2 The
Commission adopted amendments to
Rule 12d2–2 and Form 25 in 2005.3
Under the adopted Rule 12d2–2, all
issuers and national securities
exchanges seeking to delist and
deregister a security in accordance with
the rules of an exchange must file the
adopted version of Form 25 with the
Commission. The Commission also
adopted amendments to Rule 19d-1
under the Act to require exchanges to
file the adopted version of Form 25 as
notice to the Commission under Section
19(d) of the Act. Finally, the
Commission adopted amendments to
exempt standardized options and
security futures products from Section
12(d) of the Act. These amendments are
intended to simplify the paperwork and
procedure associated with a delisting
and to unify general rules and
procedures relating to the delisting
process.
The Form 25 is useful because it
informs the Commission that a security
previously traded on an exchange is no
longer traded. In addition, the Form 25
enables the Commission to verify that
the delisting and/or deregistration has
occurred in accordance with the rules of
the exchange. Further, the Form 25
helps to focus the attention of delisting
issuers to make sure that they abide by
the proper procedural and notice
requirements associated with a delisting
and/or deregistration. Without Rule
1 See Securities Exchange Act Release No. 98
(February 12, 1935).
2 See Securities Exchange Act Release No. 7011
(February 5, 1963), 28 FR 1506 (February 16, 1963).
3 See Securities Exchange Act Release No. 52029
(July 14, 2005), 70 FR 42456 (July 22, 2005).
E:\FR\FM\16DEN1.SGM
16DEN1
Federal Register / Vol. 79, No. 241 / Tuesday, December 16, 2014 / Notices
mstockstill on DSK4VPTVN1PROD with NOTICES
12d2–2 and the Form 25, as applicable,
the Commission would be unable to
fulfill its statutory responsibilities.
There are 18 national securities
exchanges that could possibly be
respondents complying with the
requirements of the Rule and Form 25.4
The burden of complying with Rule
12d2–2 and Form 25 is not evenly
distributed among the exchanges,
however, since there are many more
securities listed on the New York Stock
Exchange, the NASDAQ Stock Market,
and NYSEMKT than on the other
exchanges. However, for purposes of
this filing, the Commission staff has
assumed that the number of responses is
evenly divided among the exchanges.
Since approximately 690 responses
under Rule 12d2–2 and Form 25 for the
purpose of delisting and/or
deregistration of equity securities are
received annually by the Commission
from the national securities exchanges,
the resultant aggregate annual reporting
hour burden would be, assuming on
average one hour per response, 690
annual burden hours for all exchanges
(18 exchanges × an average of 38.3
responses per exchange × 1 hour per
response). In addition, since
approximately 100 responses are
received by the Commission annually
from issuers wishing to remove their
securities from listing and registration
on exchanges, the Commission staff
estimates that the aggregate annual
reporting hour burden on issuers would
be, assuming on average one reporting
hour per response, 100 annual burden
hours for all issuers (100 issuers × 1
response per issuer × 1 hour per
response). Accordingly, the total annual
hour burden for all respondents to
comply with Rule 12d2–2 is 790 hours
(690 hours for exchanges + 100 hours
for issuers). The related internal labor
costs associated with these burden
hours are $42,797.50 total ($36,397.50
for exchanges ($52.75 per response ×
690 responses) and $6,400 for issuers
($64 per response × 100 responses)).
4 The staff notes that a few of these 18 registered
national securities exchanges only have rules to
permit the listing of standardized options, which
are exempt from Rule 12d2–2 under the Act.
Nevertheless, we have counted national securities
exchanges that can only list options as potential
respondents because these exchanges could
potentially adopt new rules, subject to Commission
approval under Section 19(b) of the Act, to list and
trade equity and other securities that have to
comply with Rule 12d2–2 under the Act. Notice
registrants that are registered as national securities
exchanges solely for the purposes of trading
securities futures products have not been counted
since, as noted above, securities futures products
are exempt from complying with Rule 12d-2–2
under the Act and therefore do not have to file
Form 25.
VerDate Sep<11>2014
19:38 Dec 15, 2014
Jkt 235001
The collection of information
obligations imposed by Rule 12d2–2
and Form 25 are mandatory. The
response will be available to the public
and 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
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) Pamela
Dyson, Acting Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 100 F Street NE., Washington,
DC 20549, or by sending an email to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
Dated: December 10, 2014.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2014–29366 Filed 12–15–14; 8:45 am]
74783
Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings; and
Other matters relating to enforcement
proceedings.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items.
For further information and to
ascertain what, if any, matters have been
added, deleted or postponed, please
contact the Office of the Secretary at
(202) 551–5400.
Dated: December 11, 2014.
Brent J. Fields,
Secretary.
[FR Doc. 2014–29502 Filed 12–12–14; 11:15 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–73810; File No. SR–
NYSEArca–2014–107]
Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Designation of a
Longer Period for Commission Action
on Proposed Rule Change, as Modified
by Amendment No. 1 Thereto, To
Reflect Changes to the Means of
Achieving the Investment Objective
Applicable to the Guggenheim
Enhanced Short Duration ETF
BILLING CODE 8011–01–P
December 10, 2014.
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meeting
Notice is hereby given, pursuant to
the provisions of the Government in the
Sunshine Act, Public Law 94–409, that
the Securities and Exchange
Commission will hold a Closed Meeting
on Thursday, December 18, 2014 at 2:00
p.m.
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the Closed Meeting. Certain
staff members who have an interest in
the matters also may be present.
The General Counsel of the
Commission, or her designee, has
certified that, in her opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (7), 9(B) and (10)
and 17 CFR 200.402(a)(3), (5), (7), 9(ii)
and (10), permit consideration of the
scheduled matter at the Closed Meeting.
Commissioner Stein, as duty officer,
voted to consider the items listed for the
Closed Meeting in closed session.
The subject matter of the Closed
Meeting will be:
PO 00000
Frm 00102
Fmt 4703
Sfmt 4703
On October 21, 2014, NYSE Arca, Inc.
(‘‘Exchange’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’), pursuant to Section
19(b)(1) of the Securities Exchange Act
of 1934 (‘‘Act’’) 1 and Rule 19b–4
thereunder,2 a proposed rule change to
reflect changes to the description of the
measures the Adviser of the
Guggenheim Enhanced Short Duration
ETF will utilize to implement the fund’s
investment objectives. On October 29,
2014, the Exchange filed Amendment
No. 1 to the proposed rule change. The
proposed rule change was published for
comment in the Federal Register on
November 7, 2014.3 The Commission
received one comment on the proposal.4
Section 19(b)(2) of the Act 5 provides
that within 45 days of the publication of
notice of the filing of a proposed rule
change, or within such longer period up
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 73512
(Nov. 3, 2014), 79 FR 66442.
4 All comments on the proposed rule change,
including Amendment No. 1, are available on the
Commission’s Web site at: https://www.sec.gov/
comments/sr-nysearca-2014-107/
nysearca2014107.shtml.
5 15 U.S.C. 78s(b)(2).
2 17
E:\FR\FM\16DEN1.SGM
16DEN1
Agencies
[Federal Register Volume 79, Number 241 (Tuesday, December 16, 2014)]
[Notices]
[Pages 74782-74783]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-29366]
=======================================================================
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Submission for OMB Review; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE., Washington, DC
20549-2736.
Extension:
Rule 12d2-2 and Form 25, SEC File No. 270-86, OMB Control No.
3235-0080.
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 a request for approval of extension of the existing
collection of information provided for the following rule: Rule 12d2-2
(17 CFR 240.12d2-2) and Form 25 (17 CFR 249.25).
On February 12, 1935, the Commission adopted Rule 12d2-2,\1\ and
Form 25 under the Securities Exchange Act of 1934 (15 U.S.C. 78a et
seq.) (``Act''), which sets forth the conditions and procedures under
which a security may be delisted from an exchange and withdrawn from
registration under Section 12(b) of the Act.\2\ The Commission adopted
amendments to Rule 12d2-2 and Form 25 in 2005.\3\ Under the adopted
Rule 12d2-2, all issuers and national securities exchanges seeking to
delist and deregister a security in accordance with the rules of an
exchange must file the adopted version of Form 25 with the Commission.
The Commission also adopted amendments to Rule 19d-1 under the Act to
require exchanges to file the adopted version of Form 25 as notice to
the Commission under Section 19(d) of the Act. Finally, the Commission
adopted amendments to exempt standardized options and security futures
products from Section 12(d) of the Act. These amendments are intended
to simplify the paperwork and procedure associated with a delisting and
to unify general rules and procedures relating to the delisting
process.
---------------------------------------------------------------------------
\1\ See Securities Exchange Act Release No. 98 (February 12,
1935).
\2\ See Securities Exchange Act Release No. 7011 (February 5,
1963), 28 FR 1506 (February 16, 1963).
\3\ See Securities Exchange Act Release No. 52029 (July 14,
2005), 70 FR 42456 (July 22, 2005).
---------------------------------------------------------------------------
The Form 25 is useful because it informs the Commission that a
security previously traded on an exchange is no longer traded. In
addition, the Form 25 enables the Commission to verify that the
delisting and/or deregistration has occurred in accordance with the
rules of the exchange. Further, the Form 25 helps to focus the
attention of delisting issuers to make sure that they abide by the
proper procedural and notice requirements associated with a delisting
and/or deregistration. Without Rule
[[Page 74783]]
12d2-2 and the Form 25, as applicable, the Commission would be unable
to fulfill its statutory responsibilities.
There are 18 national securities exchanges that could possibly be
respondents complying with the requirements of the Rule and Form 25.\4\
The burden of complying with Rule 12d2-2 and Form 25 is not evenly
distributed among the exchanges, however, since there are many more
securities listed on the New York Stock Exchange, the NASDAQ Stock
Market, and NYSEMKT than on the other exchanges. However, for purposes
of this filing, the Commission staff has assumed that the number of
responses is evenly divided among the exchanges. Since approximately
690 responses under Rule 12d2-2 and Form 25 for the purpose of
delisting and/or deregistration of equity securities are received
annually by the Commission from the national securities exchanges, the
resultant aggregate annual reporting hour burden would be, assuming on
average one hour per response, 690 annual burden hours for all
exchanges (18 exchanges x an average of 38.3 responses per exchange x 1
hour per response). In addition, since approximately 100 responses are
received by the Commission annually from issuers wishing to remove
their securities from listing and registration on exchanges, the
Commission staff estimates that the aggregate annual reporting hour
burden on issuers would be, assuming on average one reporting hour per
response, 100 annual burden hours for all issuers (100 issuers x 1
response per issuer x 1 hour per response). Accordingly, the total
annual hour burden for all respondents to comply with Rule 12d2-2 is
790 hours (690 hours for exchanges + 100 hours for issuers). The
related internal labor costs associated with these burden hours are
$42,797.50 total ($36,397.50 for exchanges ($52.75 per response x 690
responses) and $6,400 for issuers ($64 per response x 100 responses)).
---------------------------------------------------------------------------
\4\ The staff notes that a few of these 18 registered national
securities exchanges only have rules to permit the listing of
standardized options, which are exempt from Rule 12d2-2 under the
Act. Nevertheless, we have counted national securities exchanges
that can only list options as potential respondents because these
exchanges could potentially adopt new rules, subject to Commission
approval under Section 19(b) of the Act, to list and trade equity
and other securities that have to comply with Rule 12d2-2 under the
Act. Notice registrants that are registered as national securities
exchanges solely for the purposes of trading securities futures
products have not been counted since, as noted above, securities
futures products are exempt from complying with Rule 12d-2-2 under
the Act and therefore do not have to file Form 25.
---------------------------------------------------------------------------
The collection of information obligations imposed by Rule 12d2-2
and Form 25 are mandatory. The response will be available to the public
and 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 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) Pamela Dyson, Acting Director/
Chief Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 100 F Street NE., Washington, DC 20549, or by sending an
email to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within
30 days of this notice.
Dated: December 10, 2014.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-29366 Filed 12-15-14; 8:45 am]
BILLING CODE 8011-01-P