Forms Submitted to the Office of Management and Budget for Extension of Clearance, 83323 [2016-27921]

Download as PDF Federal Register / Vol. 81, No. 224 / Monday, November 21, 2016 / Notices executed.10 Under the proposal, any remaining balance of the incoming quote that did not execute against the PIP Order, and that would execute against a resting order or quote on the BOX Book, will be rejected. The Exchange represents that it will provide BOX Participants with notice, via Information Circular, about the implementation date of the proposed rule change. asabaliauskas on DSK3SPTVN1PROD with NOTICES III. Discussion and Commission Findings After careful review, the Commission finds that the proposed rule change is consistent with the requirements of the Act and the rules and regulations thereunder applicable to a national securities exchange and, in particular, with Section 6(b) of the Act.11 Specifically, the Commission finds that the proposed rule change is consistent with Section 6(b)(5) of the Act,12 which requires, among other things, that a national securities exchange have rules designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to foster cooperation and coordination with persons engaged in regulating, clearing, settling, processing information with respect to, and facilitating transactions in securities, to remove impediments to and perfect the mechanism of a free and open market and a national market system, and, in general, to protect investors and the public interest. The Commission believes that the proposed rule change is designed to help Market Makers more efficiently submit quotes to provide liquidity on BOX, which could benefit investors. The Commission notes that Market Makers still will be able to take liquidity on BOX by submitting orders in or out of their appointed classes.13 In addition, according to the Exchange, the 10 Specifically, a Market Order on the opposite side of a PIP Order will immediately execute against the PIP Order when, at the time of the submission of the Market Order, the best Improvement Order does not cross the NBBO on the same side of the market as the PIP Order. The submission to BOX of an executable Limit Order or generation of an executable Legging Order on the opposite side of a PIP Order will immediately execute against a PIP Order when the Sell (Buy) Limit Order price is equal to or crosses the National Best Bid (Offer), and: (1) The BOX Best Bid (Offer) is equal to the National Best Bid (Offer); or (2) the BOX Best Bid (Offer) is lower (higher) than the National Best Bid (Offer) and neither the best Improvement Order nor BOX Best Offer (Bid) is equal to or crosses the National Best Bid (Offer). See Exchange Rule 7150(j). 11 15 U.S.C. 78f(b). In approving this proposed rule change, the Commission has considered the proposed rule’s impact on efficiency, competition, and capital formation. See 15 U.S.C. 78c(f). 12 15 U.S.C. 78f(b)(5). 13 Id. VerDate Sep<11>2014 18:09 Nov 18, 2016 Jkt 241001 proposed rule change will not alter a Market Maker’s obligations pursuant BOX Rules 8040 and 8050, including the obligation to provide continuous two-sided quotes on a daily basis.14 Further, the Commission notes that other options exchanges offer liquidity adding only order types.15 IV. Conclusion It is therefore ordered, pursuant to Section 19(b)(2) of the Act,16 that the proposed rule change (SR–BOX–2016– 45) be, and hereby is, approved. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.17 Brent J. Fields, Secretary. [FR Doc. 2016–27891 Filed 11–18–16; 8:45 am] 83323 publication of this notice to the Selective Service System, Reports Clearance Officer, 1515 Wilson Boulevard, Arlington, Virginia 22209– 2425. A copy of the comments should be sent to the Office of Information and Regulatory Affairs, Attention: Desk Officer, Selective Service System, Office of Management and Budget, New Executive Office Building, Room 3235, Washington, DC 20503. Dated: November 9, 2016. Lawrence Romo, Director. [FR Doc. 2016–27921 Filed 11–18–16; 8:45 am] BILLING CODE 8015–01–P SELECTIVE SERVICE SYSTEM BILLING CODE 8011–01–P SELECTIVE SERVICE SYSTEM Forms Submitted to the Office of Management and Budget for Extension of Clearance Selective Service System. ACTION: Notice. AGENCY: The following forms have been submitted to the Office of Management and Budget (OMB) for extension of clearance in compliance with the Paperwork Reduction Act (44 U.S.C. Chapter 35): SSS Form—402 Title: Uncompensated Registrar Appointment Form. Purpose: Is used to verify the official status of applicants for the position of Uncompensated Registrars and to establish authority for those appointed to perform as Selective Service System Registrars. Respondents: United States citizens over the age of 18. Frequency: One time. Burden: The reporting burden is three minutes or less per respondent. Copies of the above identified form can be obtained upon written request to the Selective Service System, Reports Clearance Officer, 1515 Wilson Boulevard, Arlington, Virginia 22209– 2425. Written comments and recommendations for the proposed extension of clearance of the form should be sent within 60 days of the 14 Id. at 68070–71. id. (citing International Securities Exchange, LLC (‘‘ISE’’) Rule 715(n) and NYSE Arca Options, Inc. (‘‘NYSE Arca’’) Rule 6.62(t)). 16 15 U.S.C. 78s(b)(2). 17 17 CFR 200.30–3(a)(12). 15 See PO 00000 Frm 00128 Fmt 4703 Sfmt 4703 Forms Submitted to the Office of Management and Budget for Extension of Clearance Selective Service System. Notice. AGENCY: ACTION: The following forms have been submitted to the Office of Management and Budget (OMB) for extension of clearance in compliance with the Paperwork Reduction Act (44 U.S.C. Chapter 35): SSS Form—404 Title: Potential Board Member Information. Purpose: Is used to identify individuals willing to serve as members of local, appeal or review boards in the Selective Service System. Respondents: Potential Board Members. Burden: A burden of 15 minutes or less on the individual respondent. Copies of the above identified form can be obtained upon written request to the Selective Service System, Reports Clearance Officer, 1515 Wilson Boulevard, Arlington, Virginia 22209– 2425. Written comments and recommendations for the proposed extension of clearance of the form should be sent within 60 days of the publication of this notice to the Selective Service System, Reports Clearance Officer, 1515 Wilson Boulevard, Arlington, Virginia 22209– 2425. A copy of the comments should be sent to the Office of Information and Regulatory Affairs, Attention: Desk Officer, Selective Service System, Office of Management and Budget, New Executive Office Building, Room 3235, Washington, DC 20503. E:\FR\FM\21NON1.SGM 21NON1

Agencies

[Federal Register Volume 81, Number 224 (Monday, November 21, 2016)]
[Notices]
[Page 83323]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-27921]


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SELECTIVE SERVICE SYSTEM


Forms Submitted to the Office of Management and Budget for 
Extension of Clearance

AGENCY: Selective Service System.

ACTION: Notice.

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    The following forms have been submitted to the Office of Management 
and Budget (OMB) for extension of clearance in compliance with the 
Paperwork Reduction Act (44 U.S.C. Chapter 35):

SSS Form--402

    Title: Uncompensated Registrar Appointment Form.
    Purpose: Is used to verify the official status of applicants for 
the position of Uncompensated Registrars and to establish authority for 
those appointed to perform as Selective Service System Registrars.
    Respondents: United States citizens over the age of 18.
    Frequency: One time.
    Burden: The reporting burden is three minutes or less per 
respondent.
    Copies of the above identified form can be obtained upon written 
request to the Selective Service System, Reports Clearance Officer, 
1515 Wilson Boulevard, Arlington, Virginia 22209-2425.
    Written comments and recommendations for the proposed extension of 
clearance of the form should be sent within 60 days of the publication 
of this notice to the Selective Service System, Reports Clearance 
Officer, 1515 Wilson Boulevard, Arlington, Virginia 22209-2425.
    A copy of the comments should be sent to the Office of Information 
and Regulatory Affairs, Attention: Desk Officer, Selective Service 
System, Office of Management and Budget, New Executive Office Building, 
Room 3235, Washington, DC 20503.

    Dated: November 9, 2016.
Lawrence Romo,
Director.
[FR Doc. 2016-27921 Filed 11-18-16; 8:45 am]
 BILLING CODE 8015-01-P