Proposed Collection; Comment Request, 80423-80424 [2015-32392]

Download as PDF Federal Register / Vol. 80, No. 247 / Thursday, December 24, 2015 / Notices proposed rule change contributes to OCC’s objective to have governance arrangements that are clear and transparent that: (i) fulfill the public interest requirements, (ii) support the objectives of OCC’s owners and participants; and, (iii) promote the effectiveness of OCC’s risk management procedures, consistent with Rule 17Ad– 22(d)(8), as the TC Charter further delineates governance responsibilities for Board-level committees, because the TC Charter is made available to the public on OCC’s Web site and the TC Charter provides for a dedicated Boardlevel committee that would reduce IT related risk at OCC.5 Finally, the proposed rule change is not inconsistent with the existing rules of OCC, including any other rules proposed to be amended. (B) Clearing Agency’s Statement on Burden on Competition OCC does not believe that the proposed rule change would impose any burden on competition.6 OCC’s adoption of the TC Charter would not unfairly inhibit access to OCC’s services or disadvantage or favor any particular user in relationship to another user because it relates to the governance structure of OCC, which affects all users, and does not relate directly to any particular service or particular use of OCC’s facilities. For the foregoing reasons, OCC believes that the proposed rule change is in the public interest, would be consistent with the requirements of the Act applicable to clearing agencies and would not impose a burden on competition. mstockstill on DSK4VPTVN1PROD with NOTICES (C) Clearing Agency’s Statement on Comments on the Proposed Rule Change Received From Members, Participants or Others Written comments on the proposed rule change were not and are not intended to be solicited with respect to the proposed rule change and none have been received. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action Within 45 days of the date of publication of this notice in the Federal Register or within such longer period up to 90 days (i) as the Commission may designate if it finds such longer period to be appropriate and publishes its reasons for so finding or (ii) as to which the self-regulatory organization consents, the Commission will: 5 17 6 15 CFR 240.17Ad–22(d)(8). U.S.C. 78q–1(b)(3)(I). VerDate Sep<11>2014 17:57 Dec 23, 2015 Jkt 238001 (A) by order approve or disapprove the proposed rule change, or (B) institute proceedings to determine whether the proposed rule change should be disapproved. The proposal shall not take effect until all regulatory actions required with respect to the proposal are completed. IV. Solicitation of Comments 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: Electronic 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– OCC–2015–018 on the subject line. 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–OCC–2015–018. 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 the filing also will be available for inspection and copying at the principal office of OCC and on OCC’s Web site at: https://www.optionsclearing.com/ components/docs/legal/rules_and_ bylaws/sr_occ_15_018.pdf. All comments received will be posted without change; the Commission does not edit personal identifying information from submissions. You PO 00000 Frm 00112 Fmt 4703 Sfmt 4703 80423 should submit only information that you wish to make available publicly. All submissions should refer to File Number SR–OCC–2015–018 and should be submitted on or before January 14,2016. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.7 Robert W. Errett, Deputy Secretary. [FR Doc. 2015–32382 Filed 12–23–15; 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 FOIA Services, 100 F Street NE., Washington, DC 20549–2736. Extension: Rule 17g–4; SEC File No. 270–566, OMB Control No. 3235–0627. Notice is hereby given that pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.) (‘‘PRA’’), the Securities and Exchange Commission (‘‘Commission’’) is soliciting comments on the existing collection of information provided for in Rule 17g–4 (17 CFR 240.17g–4) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (‘‘Exchange Act’’). The Commission plans to submit this existing collection of information to the Office of Management and Budget (‘‘OMB’’) for extension and approval. The Credit Rating Agency Reform Act of 2006 added a new section 15E, ‘‘Registration of Nationally Recognized Statistical Rating Organizations,’’ 1 to the Exchange Act. Pursuant to the authority granted under section 15E of the Exchange Act, the Commission adopted Rule 17g–4, which requires that a nationally recognized statistical rating organization (‘‘NRSRO’’) establish, maintain, and enforce written policies and procedures to prevent the misuse of material nonpublic information, including policies and procedures reasonably designed to prevent: (a) The inappropriate dissemination of material nonpublic information obtained in connection with the performance of credit rating services; (b) a person within the NRSRO from trading on material nonpublic information; and (c) 7 17 1 15 E:\FR\FM\24DEN1.SGM CFR 200.30–3(a)(12). U.S.C. 78o–7. 24DEN1 80424 Federal Register / Vol. 80, No. 247 / Thursday, December 24, 2015 / Notices the inappropriate dissemination of a pending credit rating action.2 There are 10 credit rating agencies registered with the Commission as NRSROs under section 15E of the Exchange Act, which have already established the policies and procedures required by Rule 17g–4. Based on staff experience, an NRSRO is estimated to spend an average of approximately 10 hours per year reviewing its policies and procedures regarding material nonpublic information and updating them (if necessary), resulting in an average industry-wide annual hour burden of approximately 100 hours.3 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 on respondents; 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. The Commission may not conduct or sponsor a collection of information unless it displays a currently valid OMB control number. No person shall be subject to any penalty for failing to comply with a collection of information subject to the PRA that does not display a valid OMB control number. Please direct your written comments to: Pamela Dyson, Director/Chief Information Officer, Securities and Exchange Commission, c/o Remi PavlikSimon, 100 F St. NE., Washington, DC 20549 or send an email to: PRA_ Mailbox@sec.gov. Dated: December 18, 2015. Robert W. Errett, Deputy Secretary. [FR Doc. 2015–32392 Filed 12–23–15; 8:45 am] mstockstill on DSK4VPTVN1PROD with NOTICES BILLING CODE 8011–01–P 2 See 17 CFR 240.17g–4; Release No. 34–55231 (Feb. 2, 2007), 72 FR 6378 (Feb. 9, 2007); Release No. 34–55857 (June 5, 2007), 72 FR 33564 (June 18, 2007). 3 10 currently registered NRSROs × 10 hours = 100 hours. VerDate Sep<11>2014 17:57 Dec 23, 2015 Jkt 238001 SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] Bravo Resource Partners, Ltd., First Potash Corp., HIP Energy Corporation, Musgrove Minerals Corp., and Starcore International Ventures Ltd. (a/k/a Starcore International Mines Ltd.); Order of Suspension of Trading December 22, 2015. It appears to the Commission that there is a lack of current and accurate information concerning the securities of Bravo Resource Partners, Ltd. (‘‘BRPNF’’) (CIK No. 1116137), a Yukon corporation located in Englewood, Colorado with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g) because it is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10–Q for the period ended October 31, 2011. On April 22, 2015, Corporation Finance sent a delinquency letter to BRPNF requesting compliance with its periodic filing requirements but BRPNF did not receive the delinquency letter due to its failure to maintain a valid address on file with the Commission as required by Commission rules (Rule 301 of Regulation S–T, 17 CFR 232.301 and Section 5.4 of EDGAR Filer Manual). As of December 9, 2015, the common stock of BRPNF was quoted on OTC Link, had two market makers, and was eligible for the ‘‘piggyback’’ exception of Exchange Act Rule 15c2– 11(f)(3). It appears to the Commission that there is a lack of current and accurate information concerning the securities of First Potash Corp. (‘‘SALTF’’) (CIK No. 1490078), a British Columbia corporation located in Tucson, Arizona with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g) because it is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 20–F for the period ended February 29, 2012. On April 28, 2015, Corporation Finance sent a delinquency letter to SALTF requesting compliance with its periodic filing requirements but SALTF did not receive the delinquency letter due to its failure to maintain a valid address on file with the Commission as required by Commission rules (Rule 301 of Regulation S–T, 17 CFR 232.301 and Section 5.4 of EDGAR Filer Manual). As of December 9, 2015, the common shares of SALTF were quoted on OTC Link, had four market makers, and were PO 00000 Frm 00113 Fmt 4703 Sfmt 4703 eligible for the ‘‘piggyback’’ exception of Exchange Act Rule 15c2–11(f)(3). It appears to the Commission that there is a lack of current and accurate information concerning the securities of HIP Energy Corporation (‘‘HIPCF’’) (CIK No. 1123839), a British Columbia corporation located in West Vancouver, BC, Canada with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g) because it is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 20–F for the period ended November 30, 2011. On April 15, 2014, Corporation Finance sent a delinquency letter to HIPCF requesting compliance with its periodic filing requirements but HIPCF did not receive the delinquency letter due to its failure to maintain a valid address on file with the Commission as required by Commission rules (Rule 301 of Regulation S–T, 17 CFR 232.301 and Section 5.4 of EDGAR Filer Manual). As of December 9, 2015, the common shares of HIPCF were quoted on OTC Link, had four market makers, and were eligible for the ‘‘piggyback’’ exception of Exchange Act Rule 15c2–11(f)(3). It appears to the Commission that there is a lack of current and accurate information concerning the securities of Musgrove Minerals Corp. (‘‘MGSGF’’) (CIK No. 1396368), a British Columbia corporation located in Vancouver, British Columbia, Canada with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g) because it is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 20–F for the period ended November 30, 2007. On April 28, 2015, Corporation Finance sent a delinquency letter to MGSGF requesting compliance with its periodic filing requirements but MGSGF did not receive the delinquency letter due to its failure to maintain a valid address on file with the Commission as required by Commission rules (Rule 301 of Regulation S–T, 17 CFR 232.301 and Section 5.4 of EDGAR Filer Manual). As of December 9, 2015, the common shares of MGSGF were quoted on OTC Link, had four market makers, and were eligible for the ‘‘piggyback’’ exception of Exchange Act Rule 15c2–11(f)(3). It appears to the Commission that there is a lack of current and accurate information concerning the securities of Starcore International Ventures Ltd. (a/ k/a Starcore International Mines Ltd.) (‘‘SHVLF’’) (CIK No. 1301713), a British Columbia corporation located in Vancouver, British Columbia, Canada with a class of securities registered with E:\FR\FM\24DEN1.SGM 24DEN1

Agencies

[Federal Register Volume 80, Number 247 (Thursday, December 24, 2015)]
[Notices]
[Pages 80423-80424]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-32392]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; 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 17g-4; SEC File No. 270-566, OMB Control No. 3235-0627.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.) (``PRA''), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the existing 
collection of information provided for in Rule 17g-4 (17 CFR 240.17g-4) 
under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) 
(``Exchange Act''). The Commission plans to submit this existing 
collection of information to the Office of Management and Budget 
(``OMB'') for extension and approval.
    The Credit Rating Agency Reform Act of 2006 added a new section 
15E, ``Registration of Nationally Recognized Statistical Rating 
Organizations,'' \1\ to the Exchange Act. Pursuant to the authority 
granted under section 15E of the Exchange Act, the Commission adopted 
Rule 17g-4, which requires that a nationally recognized statistical 
rating organization (``NRSRO'') establish, maintain, and enforce 
written policies and procedures to prevent the misuse of material 
nonpublic information, including policies and procedures reasonably 
designed to prevent: (a) The inappropriate dissemination of material 
nonpublic information obtained in connection with the performance of 
credit rating services; (b) a person within the NRSRO from trading on 
material nonpublic information; and (c)

[[Page 80424]]

the inappropriate dissemination of a pending credit rating action.\2\
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    \1\ 15 U.S.C. 78o-7.
    \2\ See 17 CFR 240.17g-4; Release No. 34-55231 (Feb. 2, 2007), 
72 FR 6378 (Feb. 9, 2007); Release No. 34-55857 (June 5, 2007), 72 
FR 33564 (June 18, 2007).
---------------------------------------------------------------------------

    There are 10 credit rating agencies registered with the Commission 
as NRSROs under section 15E of the Exchange Act, which have already 
established the policies and procedures required by Rule 17g-4. Based 
on staff experience, an NRSRO is estimated to spend an average of 
approximately 10 hours per year reviewing its policies and procedures 
regarding material nonpublic information and updating them (if 
necessary), resulting in an average industry-wide annual hour burden of 
approximately 100 hours.\3\
---------------------------------------------------------------------------

    \3\ 10 currently registered NRSROs x 10 hours = 100 hours.
---------------------------------------------------------------------------

    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 on 
respondents; 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.
    The Commission may not conduct or sponsor a collection of 
information unless it displays a currently valid OMB control number. No 
person shall be subject to any penalty for failing to comply with a 
collection of information subject to the PRA that does not display a 
valid OMB control number.
    Please direct your written comments to: Pamela Dyson, Director/
Chief Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 100 F St. NE., Washington, DC 20549 or send an email to: 
PRA_Mailbox@sec.gov.

    Dated: December 18, 2015.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-32392 Filed 12-23-15; 8:45 am]
BILLING CODE 8011-01-P
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