Submission for OMB Review; Comment Request, 48878-48879 [2016-17636]
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Federal Register / Vol. 81, No. 143 / Tuesday, July 26, 2016 / Notices
potential for a Trading Halt Auction to
be a clearly erroneous execution. In
addition, the Exchange believes that
pending the outcome of the analysis
being performed by the Operating
Committee to the LULD Plan, extending
the Exchange’s interim measure an
additional six months would be
consistent with the protection of
investors and the public interest.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposed rule change will impose
any burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act. The
proposed change is not designed to
address any competitive issue but rather
to provide for a six-month extension to
the price collar thresholds for Trading
Halt Auctions on the Exchange, pending
the analysis being conducted by the
Operating Committee to the LULD Plan.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were solicited
or received with respect to the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule
change does not: (i) Significantly affect
the protection of investors or the public
interest; (ii) impose any significant
burden on competition; and (iii) become
operative for 30 days from the date on
which it was filed, or such shorter time
as the Commission may designate, the
proposed rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act 10 and Rule 19b–4(f)(6)
thereunder.11
A proposed rule change filed
pursuant to Rule 19b–4(f)(6) under the
Act 12 normally does not become
operative for 30 days after the date of its
filing. However, Rule 19b–4(f)(6)(iii) 13
permits the Commission to designate a
shorter time if such action is consistent
with the protection of investors and the
public interest. The Exchange has asked
10 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6) requires a self-regulatory organization to give
the Commission written notice of its intent to file
the proposed rule change, along with a brief
description and the text of the proposed rule
change, at least five business days prior to the date
of filing of the proposed rule change, or such
shorter time as designated by the Commission. The
Exchange has satisfied this requirement.
12 17 CFR 240.19b–4(f)(6).
13 17 CFR 240.19b–4(f)(6)(iii).
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the Commission to waive the 30-day
operative delay so that the proposal may
become operative immediately upon
filing. The Commission believes that
waiving the 30-day operative delay is
consistent with the protection of
investors and the public interest. As the
Exchange notes, waiver of the operative
delay would allow for the current price
collar thresholds, which are due to
expire on July 28, 2016, to continue
uninterrupted pending the ongoing
market-wide analysis regarding
potential changes to automated
reopenings following a trading pause.
Accordingly, the Commission hereby
waives the operative delay and
designates the proposal operative upon
filing.14
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 shall institute proceedings
to determine whether the proposed rule
change should be approved or
disapproved.
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–
NYSEARCA–2016–98 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–NYSEARCA–2016–98. 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
14 For purposes only of waiving the 30-day
operative delay, the Commission has also
considered the proposed rule’s impact on
efficiency, competition, and capital formation. See
15 U.S.C. 78c(f).
PO 00000
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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–
NYSEARCA–2016–98 and should be
submitted on or before August 16, 2016.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.15
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016–17585 Filed 7–25–16; 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.
Ombudsman Matter Management System,
OMB Control No. 3235–XXXX, SEC File
No. 270–797.
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’’ or ‘‘SEC’’) has
submitted this new request for the new
collection of information to the Office of
Management and Budget for approval.
Members of the public who contact
the Ombudsman for assistance currently
do so by traditional mail, electronic
mail, telephone, and facsimile. To make
15 17
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CFR 200.30–3(a)(12).
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srobinson on DSK5SPTVN1PROD with NOTICES
Federal Register / Vol. 81, No. 143 / Tuesday, July 26, 2016 / Notices
it easier for retail investors and others
to contact the Ombudsman
electronically, the Commission is
developing the Ombudsman Matter
Management System (‘‘OMMS’’), a new,
electronic data-collection system for the
receipt, collection, and analysis of
inquiries, complaints, and
recommendations from retail investors
directed to the SEC Ombudsman and
the Office of the Investor Advocate, and
invites comment on OMMS. Through
OMMS, members of the public may
request assistance from the Ombudsman
and staff using a web-based form (the
‘‘OMMS Form’’) tailored to gather
information about matters within the
scope of the Ombudsman’s function and
streamline the inquiry and response
process.
The OMMS Form will facilitate
communication with the Ombudsman
via an electronic series of basic
questions with user-friendly response
features such as radio buttons, dropdown menu responses, pop-up
explanation bubbles, Web page links,
fillable narrative text fields, and
document upload options. In addition,
the OMMS Form incorporates
functionality that, depending upon
certain responses, pre-populates specific
fields, and prompts the user to provide
additional information. By eliciting
specific information from the user, the
OMMS Form will facilitate
communication between the user and
the Ombudsman, reduce response and
resolution times, and maximize
Ombudsman staff resources available for
recording, processing, and responding
to matters. The requested information
collection is voluntary and will not
change the contact methods currently
available.
The Commission expects that OMMS
will be operative and the OMMS Form
publicly available through the
Commission’s Web site, https://
www.sec.gov. The Commission
estimates that the total reporting burden
for using the OMMS Form will be 250
hours. The calculation of this estimate
depends on how many members of the
public use the form each year and the
estimated time it takes to complete the
forms: 500 respondents × 30 minutes =
250 burden hours. The estimates of
average burden hours are made solely
for the purposes of the Paperwork
Reduction Act and are not derived from
a comprehensive or even representative
survey or study of the cost of
Commission rules and forms. The total
estimated one-time cost to the federal
government of creating OMMS and the
OMMS Form is $400,000.
An agency may not conduct or
sponsor a collection of information
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20:28 Jul 25, 2016
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unless it displays a currently valid
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 Office of Management and
Budget control number.
Written comments are invited on all
aspects of this proposed information
collection request, in particular: (a)
Whether this collection of information
is necessary for the proper performance
of the functions of the agency, including
whether the information will have
practical utility; (b) the accuracy of the
agency’s estimate of the burden imposed
by the 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.
Background documentation for this
information collection may be viewed 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 within 30 days of this notice.
Dated: July 21, 2016.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016–17636 Filed 7–25–16; 8:45 am]
BILLING CODE 8011–01–P
PO 00000
48879
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–78371; File No. SR–NYSE–
2016–43]
Self-Regulatory Organizations; New
York Stock Exchange LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change for a New Rule
346 Prohibiting Association by
Member Organizations, Principal
Executives, Approved Persons, and
Persons Associated With a Member
Organization or Control Persons of
Member Organizations With Persons
Subject to a Statutory Disqualification
July 20, 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 July 14,
2016, New York Stock Exchange LLC
(‘‘NYSE’’ or the ‘‘Exchange’’) 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 selfregulatory 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 Substance of
the Proposed Rule Change
The Exchange proposes to add a new
Rule 346 prohibiting association by
member organizations, approved
persons, and persons associated with a
member organization or control persons
of member organizations with persons
subject to a statutory disqualification.
The proposed rule change is available
on the Exchange’s Web site at
www.nyse.com, at the principal office of
the Exchange, and at the Commission’s
Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
self-regulatory organization included
statements concerning the purpose of,
and basis for, the proposed rule change
and discussed any comments it received
on the proposed rule change. The text
of those statements may be examined at
the places specified in Item IV below.
The Exchange has prepared summaries,
set forth in sections A, B, and C below,
1 15
U.S.C. 78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15
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Agencies
[Federal Register Volume 81, Number 143 (Tuesday, July 26, 2016)]
[Notices]
[Pages 48878-48879]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-17636]
-----------------------------------------------------------------------
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.
Ombudsman Matter Management System, OMB Control No. 3235-XXXX, SEC
File No. 270-797.
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'' or ``SEC'') has submitted this new request
for the new collection of information to the Office of Management and
Budget for approval.
Members of the public who contact the Ombudsman for assistance
currently do so by traditional mail, electronic mail, telephone, and
facsimile. To make
[[Page 48879]]
it easier for retail investors and others to contact the Ombudsman
electronically, the Commission is developing the Ombudsman Matter
Management System (``OMMS''), a new, electronic data-collection system
for the receipt, collection, and analysis of inquiries, complaints, and
recommendations from retail investors directed to the SEC Ombudsman and
the Office of the Investor Advocate, and invites comment on OMMS.
Through OMMS, members of the public may request assistance from the
Ombudsman and staff using a web-based form (the ``OMMS Form'') tailored
to gather information about matters within the scope of the Ombudsman's
function and streamline the inquiry and response process.
The OMMS Form will facilitate communication with the Ombudsman via
an electronic series of basic questions with user-friendly response
features such as radio buttons, drop-down menu responses, pop-up
explanation bubbles, Web page links, fillable narrative text fields,
and document upload options. In addition, the OMMS Form incorporates
functionality that, depending upon certain responses, pre-populates
specific fields, and prompts the user to provide additional
information. By eliciting specific information from the user, the OMMS
Form will facilitate communication between the user and the Ombudsman,
reduce response and resolution times, and maximize Ombudsman staff
resources available for recording, processing, and responding to
matters. The requested information collection is voluntary and will not
change the contact methods currently available.
The Commission expects that OMMS will be operative and the OMMS
Form publicly available through the Commission's Web site, https://www.sec.gov. The Commission estimates that the total reporting burden
for using the OMMS Form will be 250 hours. The calculation of this
estimate depends on how many members of the public use the form each
year and the estimated time it takes to complete the forms: 500
respondents x 30 minutes = 250 burden hours. The estimates of average
burden hours are made solely for the purposes of the Paperwork
Reduction Act and are not derived from a comprehensive or even
representative survey or study of the cost of Commission rules and
forms. The total estimated one-time cost to the federal government of
creating OMMS and the OMMS Form is $400,000.
An agency may not conduct or sponsor a collection of information
unless it displays a currently valid 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 Office of
Management and Budget control number.
Written comments are invited on all aspects of this proposed
information collection request, in particular: (a) Whether this
collection of information is necessary for the proper performance of
the functions of the agency, including whether the information will
have practical utility; (b) the accuracy of the agency's estimate of
the burden imposed by the 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.
Background documentation for this information collection may be
viewed 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 within 30 days of
this notice.
Dated: July 21, 2016.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-17636 Filed 7-25-16; 8:45 am]
BILLING CODE 8011-01-P