Submission for OMB Review; Comment Request, 12761-12762 [2016-05331]
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Federal Register / Vol. 81, No. 47 / Thursday, March 10, 2016 / Notices
designed to continue to ensure that the
Exchange is so organized and has the
capacity to carry out the purposes of Act
and to comply, and enforce compliance
by its members with the provisions of
the Act and the rules and regulations
thereunder, and rules of the Exchange.
The Exchange is proposing amendments
to the Operative Documents to
effectuate its name change to Bats EDGA
Exchange, Inc. and to reflect the name
changes of its affiliates. These changes
are limited to capitalization and
ministerial name changes and to reflect
similar proposed rule changes to be
submitted to the Commission by the
Exchange’s affiliates. The Exchange
believes that the changes will protect
investors and the public interest by
eliminating confusion that may exist
because of differences between its
corporate name and the new naming
conventions of the Parent and its
subsidiaries, including the Exchange.
If the Commission takes such action, the
Commission shall institute proceedings
to determine whether the proposed rule
should be approved or disapproved.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
Because the rule change proposes
ministerial changes related to the
administration, and not the governance
or operation, of the Exchange, the
Exchange does not believe that the
proposed rule change will impose any
burden on competition not necessary or
appropriate in furtherance of the
purposes of the Act.
• 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–EDGA–2016–05. 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 the Exchange. 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–EDGA–
2016–05, and should be submitted on or
before March 31, 2016.
mstockstill on DSK4VPTVN1PROD with NOTICES
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
The Exchange has not solicited, and
does not intend to solicit, comments on
this proposed rule change. The
Exchange has not received any
unsolicited written comments from
Members or other interested parties.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because it is concerned solely with
the administration of the Exchange, the
foregoing proposed rule change has
become effective pursuant to Section
19(b)(3)(A)(iii) of the Act 12 and Rule
19b–4(f)(3) thereunder.13
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: (1) Necessary or appropriate in
the public interest; (2) for the protection
of investors; or (3) otherwise in
furtherance of the purposes of the Act.
12 15
13 17
U.S.C. 78s(b)(3)(A)(iii).
CFR 240.19b–4(f)(3).
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17:55 Mar 09, 2016
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IV. Solicitation of Comments
12761
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.14
Brent J. Fields,
Secretary.
[FR Doc. 2016–05328 Filed 3–9–16; 8:45 am]
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:
BILLING CODE 8011–01–P
Electronic Comments
Submission for OMB Review;
Comment Request
• 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–
EDGA–2016–05 on the subject line.
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Fmt 4703
[SEC File No. 270–523, OMB Control No.
3235–0585]
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE., Washington, DC
20549–2736.
Extension: Rule 206(4)–7.
Paper Comments
PO 00000
SECURITIES AND EXCHANGE
COMMISSION
Sfmt 4703
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.
The title for the collection of
information is ‘‘Investment Advisers Act
rule 206(4)–7 (17 CFR 275.206(4)–7),
Compliance procedures and practices.’’
Rule 206(4)–7 requires each investment
adviser registered with the Commission
to (i) adopt and implement internal
compliance policies and procedures, (ii)
review those policies and procedures
annually, (iii) designate a chief
compliance officer, and (iv) maintain
certain compliance records. Rule
206(4)–7 is designed to protect investors
by fostering better compliance with the
securities laws. The collection of
information under rule 206(4)–7 is
necessary to assure that investment
advisers maintain comprehensive
internal programs that promote the
advisers’ compliance with the
Investment Advisers Act of 1940. The
information collection in the rule also
assists the Commission’s examination
staff in assessing the adequacy advisers’
compliance programs. This collection of
information is found at 17 CFR
275.206(4)–7 and is mandatory.
The information documented
pursuant to rule 206(4)–7 is reviewed by
the Commission’s examination staff; it
will be accorded the same level of
confidentiality accorded to other
responses provided to the Commission
in the context of its examination and
14 17
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CFR 200.30–3(a)(12).
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Federal Register / Vol. 81, No. 47 / Thursday, March 10, 2016 / Notices
oversight program. 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 respondents to this information
collection are investment advisers
registered with the Commission. Our
latest data indicate that there were
12,026 advisers registered with the
Commission as of November 1, 2015.
The Commission has estimated that
compliance with rule 206(4)–7 imposes
an annual burden of approximately 87
hours per respondent. Based on this
figure, the Commission estimates a total
annual burden of 1,046,262 hours for
this collection of information.
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) Pamela
Dyson, 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. Comments must be submitted to
OMB within 30 days of this notice.
Dated: March 4, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016–05331 Filed 3–9–16; 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 FOIA Services,
100 F Street NE., Washington, DC
20549–2736.
mstockstill on DSK4VPTVN1PROD with NOTICES
Extension: Appendix F to Rule 15c3–1;
SEC File No. 270–440, OMB Control No.
3235–0496.
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’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of
extension of the previously approved
collection of information provided for in
Appendix F to Rule 15c3–1 (‘‘Appendix
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17:55 Mar 09, 2016
Jkt 238001
F’’ or ‘‘Rule 15c3–1f’’) (17 CFR
240.15c3–1f) under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.).
Appendix F requires a broker-dealer
choosing to register, upon Commission
approval, as an OTC derivatives dealer
to develop and maintain an internal risk
management system based on Value-atRisk (‘‘VaR’’) models. It is anticipated
that a total of one (1) broker-dealer
registering as an OTC derivatives dealer
will spend 1,000 hours on a one-time
basis complying with the system
development requirements of Rule
15c3–1f, for an estimated one-time
initial startup burden of approximately
1,000 hours. Appendix F also requires
the OTC derivatives dealer to maintain
its system model according to certain
prescribed standards. It is anticipated
that the four (4) OTC derivatives dealers
currently registered with the
Commission will each spend 1,000
hours per year maintaining the system
model required by Rule 15c3–1f, for an
estimated recurring annual burden of
approximately 4,000 hours. It is
anticipated that the one (1) brokerdealer registering as an OTC derivatives
dealer will spend 1,000 hours
maintaining the system model required
by Rule 15c3–1f in each year following
its registration. Thus, the total industrywide burden is estimated to be
approximately 5,000 hours (4,000 hours
+ 1,000 hours) for the first year and
5,000 hours for each subsequent year.1
The records required to be kept
pursuant to Appendix F and results of
periodic reviews conducted pursuant to
Rule 15c3–4 generally must be
preserved under Rule 17a–4 of the
Exchange Act (17 CFR 240.17a–4) for a
period of not less than three years, the
first two years in an easily accessible
place. The Commission will not
generally publish or make available to
any person notices or reports received
pursuant to the Rule. The statutory basis
for the Commission’s refusal to disclose
such information to the public is the
exemption contained in Section (b)(4) of
the Freedom of Information Act (5
U.S.C. 552), which essentially provides
that the requirement of public
dissemination does not apply to
commercial or financial information
which is privileged or confidential.
An agency may not conduct or
sponsor, and a person is not required to
1 The Commission estimates that a total of five
entities will be registered as OTC derivatives
dealers at the end of the next three years, consisting
of the four current OTC derivatives dealers and one
anticipated registrant. This is in contrast with the
prior estimate of eight OTC derivatives dealers,
consisting of four current OTC derivatives dealers
and four anticipated registrants.
PO 00000
Frm 00083
Fmt 4703
Sfmt 4703
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, 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.
Comments must be submitted to OMB
within 30 days of this notice.
Dated: March 4, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016–05329 Filed 3–9–16; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–77293; File No. SR–
NYSEMKT–2016–34]
Self-Regulatory Organizations; NYSE
MKT LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Change To Modify the NYSE Amex
Options Fee Schedule Relating to
ByRDs Transaction Fees
March 4, 2016.
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934 (the
‘‘Act’’) 2 and Rule 19b–4 thereunder,3
notice is hereby given that, on March 1,
2016, NYSE MKT LLC (the ‘‘Exchange’’
or ‘‘NYSE MKT’’) filed with the
Securities and Exchange Commission
(the ‘‘Commission’’) the proposed rule
change as described in Items I, II, and
III below, which Items have been
prepared by the self-regulatory
organization. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of the Substance
of the Proposed Rule Change
The Exchange proposes to modify the
NYSE Amex Options Fee Schedule
(‘‘Fee Schedule’’) to address how the
Exchange would treat transactions in
1 15
U.S.C. 78s(b)(1).
U.S.C. 78a.
3 CFR 240.19b–4.
2 15
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]]>Agencies
[Federal Register Volume 81, Number 47 (Thursday, March 10, 2016)]
[Notices]
[Pages 12761-12762]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-05331]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-523, OMB Control No. 3235-0585]
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 206(4)-7.
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.
The title for the collection of information is ``Investment
Advisers Act rule 206(4)-7 (17 CFR 275.206(4)-7), Compliance procedures
and practices.'' Rule 206(4)-7 requires each investment adviser
registered with the Commission to (i) adopt and implement internal
compliance policies and procedures, (ii) review those policies and
procedures annually, (iii) designate a chief compliance officer, and
(iv) maintain certain compliance records. Rule 206(4)-7 is designed to
protect investors by fostering better compliance with the securities
laws. The collection of information under rule 206(4)-7 is necessary to
assure that investment advisers maintain comprehensive internal
programs that promote the advisers' compliance with the Investment
Advisers Act of 1940. The information collection in the rule also
assists the Commission's examination staff in assessing the adequacy
advisers' compliance programs. This collection of information is found
at 17 CFR 275.206(4)-7 and is mandatory.
The information documented pursuant to rule 206(4)-7 is reviewed by
the Commission's examination staff; it will be accorded the same level
of confidentiality accorded to other responses provided to the
Commission in the context of its examination and
[[Page 12762]]
oversight program. 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 respondents to this information collection are investment
advisers registered with the Commission. Our latest data indicate that
there were 12,026 advisers registered with the Commission as of
November 1, 2015. The Commission has estimated that compliance with
rule 206(4)-7 imposes an annual burden of approximately 87 hours per
respondent. Based on this figure, the Commission estimates a total
annual burden of 1,046,262 hours for this collection of information.
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) Pamela Dyson, 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. Comments must be submitted to OMB within 30
days of this notice.
Dated: March 4, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-05331 Filed 3-9-16; 8:45 am]
BILLING CODE 8011-01-P
