Submission for OMB Review: Comment Request, 17489-17490 [2017-07249]
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Federal Register / Vol. 82, No. 68 / Tuesday, April 11, 2017 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.21
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–07181 Filed 4–10–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Submission for OMB Review:
Comment Request
Upon Written Request, Copies Available
From: U.S. Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736
Revision:
Joint Standards for Assessing the Diversity
Policies and Practices of Entities
Regulated by the Agencies, SEC File No.
270–664, OMB Control No. 3235–0740.
ACTION:
Notice.
The Securities and Exchange
Commission (the SEC) has submitted a
revision to a currently approved
information collection to the Office of
Management and Budget (OMB) for
review and approval in accordance with
the Paperwork Reduction Act of 1995
(PRA). The SEC previously received
OMB approval for a collection of
information associated with the Final
Interagency Policy Statement
Establishing Joint Standards for
Assessing the Diversity Policies and
Practices of Entities Regulated by the
Agencies (Joint Standards). The revision
adds a form entitled ‘‘Diversity
Assessment Report Assessment Report
for Entities Regulated by the SEC’’
(Diversity Assessment Report) to
facilitate the collection of information
contemplated under the Joint Standards.
DATES: Comments must be submitted on
or before May 11, 2017.
ADDRESSES: The public may review 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 C. Dyson,
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, and include
‘‘SEC File No. 270–664—OMWI
srobinson on DSK5SPTVN1PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
20:18 Apr 10, 2017
Jkt 241001
Diversity Assessment Report’’ in the
subject line of the message.
FOR FURTHER INFORMATION CONTACT:
Pamela A. Gibbs, Director, Office of
Minority and Women Inclusion, (202)
551–6046, or Audrey B. Little, Senior
Counsel, Office of Minority and Women
Inclusion, (202) 551–6086, Securities
and Exchange Commission, 100 F
Street, NE., Washington, DC 20549.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501–3520), certain
Federal agencies must obtain approval
from OMB for each collection of
information that they conduct or
sponsor. ‘‘Collection of information’’ is
defined in 44 U.S.C. 3502(3) (and 5 CFR
1320.3(c) of the PRA implementing
regulations) to include agency requests
or requirements that members of the
public submit reports, keep records, or
provide information to a third party.
The PRA (44 U.S.C. 3506(c)(2)(A))
directs these Federal agencies to publish
a 30-day notice in the Federal Register
concerning each proposed collection of
information before submitting the
collection to OMB for approval. To
comply with this requirement, the SEC
is publishing this notice to invite public
comment on the proposed revision to
the currently approved information
collection discussed below.
Title of Collection: Joint Standards for
Assessing Diversity Policies and
Practices of Entities Regulated by the
Agencies.
OMB Control Number: 3235–0740.
Description: The SEC previously
received OMB approval for a voluntary
information collection associated with
the Joint Standards, pursuant to which
entities regulated by the SEC may
conduct voluntarily self-assessments of
their diversity policies and practices
and provide information to pertaining to
the self-assessments to the SEC.1 This
proposed revision to the currently
approved collection adds a form entitled
‘‘Diversity Assessment Report for
Entities Regulated by the SEC’’
(Diversity Assessment Report) to assist
with collection of information regarding
regulated entities’ policies and practices
relating to diversity and inclusion. The
Diversity Assessment Report (1) asks for
general information about a respondent;
(2) includes questions relating to the
standards set forth in the Joint
Standards; (3) seeks data related to
workforce diversity and supplier
diversity; and (4) provides an
opportunity for comments. A draft of
this Diversity Assessment Report can be
viewed at https://www.sec.gov/omwi/
sec-entity-diversity-assessment-report1 80
PO 00000
FR 33016 (June 10, 2015).
Frm 00083
Fmt 4703
Sfmt 4703
17489
draft.pdf. The SEC estimates that use of
the Diversity Assessment Report would
reduce the average response time for
this collection per respondent from 12
hours to 10 hours.
The SEC may use the information
submitted by the entities it regulates to
monitor progress and trends in the
financial services industry with regard
to diversity and inclusion in
employment and contracting activities
and to identify and highlight those
policies and practices that have been
successful. The SEC will continue to
reach out to the regulated entities and
other interested parties to discuss
diversity and inclusion in the financial
services industry and share leading
practices. The SEC may also publish
information disclosed by the entity,
such as any identified leading practices,
in any form that does not identify a
particular institution or disclose
confidential business information. The
SEC will not publish diversity and
inclusion information that identifies any
particular regulated entity unless the
regulated entity consents in writing to
such use.
Type of Review: Revision.
Frequency of Response: Annually.
Burden Estimates:
Revised Number of Respondents:
1,300.2
Revised Average Response Time Per
Respondent: 10 hours.
Revised Total Annual Burden Hours:
13,000.
Obligation to Respond: Voluntary.
Comments: On January 24, 2017, the
SEC published a notice of its proposed
revision to the currently approved
information collection associated with
the Joint Standards, and allowed the
public 60 days to submit comments.3
See 82 FR 8248. The comment period
closed March 27, 2017, and the SEC
received no comments that addressed
the proposed revision to the information
collection.
Written comments continue to be
invited on: (a) whether the collection of
information is necessary for the proper
performance of the functions of the SEC,
including whether the information has
practical utility; (b) the accuracy of the
SEC’s estimate of the information
collection burden, including the validity
of the methods and the assumptions
used; (c) ways to enhance the quality,
utility, and clarity of the information
proposed to be collected; (d) ways to
minimize the burden of the collection
2 This number has been modified to account for
the ever changing number of entities regulated by
the SEC. It still, however, represents about 5% of
regulated entities, as set forth in the original PRA
notice for the Joint Standards.
3 82 FR 8248.
E:\FR\FM\11APN1.SGM
11APN1
17490
Federal Register / Vol. 82, No. 68 / Tuesday, April 11, 2017 / Notices
on respondents, including through the
use of automated collection techniques
or other forms of information
technology; and(e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Dated: April 5, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–07249 Filed 4–10–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–80380; File No. SR–
NASDAQ–2017–030]
Self-Regulatory Organizations; The
NASDAQ Stock Market LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Reduce
Fees for Certain Connectivity Under
Rule 7015(g)(1) and Rule 7034(b)
April 5, 2017.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on March 28,
2017, The NASDAQ Stock Market LLC
(‘‘Nasdaq’’ or ‘‘Exchange’’) filed with the
Securities and Exchange Commission
(‘‘SEC’’ or ‘‘Commission’’) the proposed
rule change as described in Items I, II,
and III, below, which Items have been
prepared by the Exchange. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
srobinson on DSK5SPTVN1PROD with NOTICES
I. Self-Regulatory Organization’s
Statement of the Terms of the Substance
of the Proposed Rule Change
The Exchange proposes to assess
reduced monthly fees for microwave or
millimeter wave ports under Rule
7015(g)(1) and wireless market data
connectivity under Rule 7034(b), based
on the total number of subscriptions to
such wireless connectivity under those
rules. While these amendments are
effective upon filing, the Exchange has
designated the proposed amendments to
be operative on April 3, 2017.
The text of the proposed rule change
is available on the Exchange’s Web site
at https://nasdaq.cchwallstreet.com, at
the principal office of the Exchange, and
at the Commission’s Public Reference
Room.
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
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20:18 Apr 10, 2017
Jkt 241001
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
Exchange 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 these
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, of
the most significant aspects of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange is proposing to assess
reduced monthly fees for microwave or
millimeter wave ports under Rules
7015(g)(1) and 7034(b), based on the
total number of subscriptions to ports
under Rule 7015(g)(1) and colocation
connectivity to market data feeds under
Rule 7034(b).
Under Rule 7015(g)(1), the Exchange
provides Multi-cast ITCH (‘‘MITCH’’)
Wave Ports to clients co-located at other
third-party data centers, including the
New York Stock Exchange’s (‘‘NYSE’’)
data center located in Mahwah, NJ,
through which the Exchange’s
TotalView ITCH market data is
distributed after delivery to those data
centers via a wireless network. Rule
7034(b) provides the various
connectivity options for co-location
services. The Exchange offers multicast
Market Data feeds that are delivered to
the Exchange’s data center located in
Carteret, NJ via a wireless network.3 The
Exchange offers connectivity to data
feeds provided by NYSE, BATS
(including Direct Edge), and CME,
which are delivered wirelessly by third
party vendors from those market’s data
centers to the Exchange’s Carteret, NJ
data center. Specifically, the NYSE
Equities data feeds under Rule 7034(b)
are wirelessly delivered to Carteret, NJ
from NYSE’s Mahwah, NJ data center,
the BATS and Direct Edge data feeds are
wirelessly delivered to Carteret, NJ from
BATS’s Secaucus, NJ data center, and
the CME data feeds are wirelessly
3 Subscription to the connectivity options under
Rule 7034(b) is entirely optional. To receive a
particular data feed, a participant must subscribe to
the connectivity under Rule 7034(b) and also have
a subscription to the data feed with the applicable
exchange.
PO 00000
Frm 00084
Fmt 4703
Sfmt 4703
delivered to Carteret, NJ from CME’s
Aurora, IL data center.
The Exchange is proposing to provide
discounts to the current monthly fees
for microwave or millimeter wave
connectivity under Rules 7015(g)(1) and
7034(b) based on the total number of
billable subscriptions under those
rules.4 The fees under Rules 7015(g)(1)
and 7034(b) differ based on the costs
incurred by the Exchange in providing
the connectivity, including vendor costs
that generally increase with the distance
between the origin and destination of
the wireless signal. To keep the
discounts in line with the different fees
assessed for the connectivity under
Rules 7015(g)(1) and 7034(b), the
Exchange is proposing to apply a
percentage-based reduction on the fees
assessed in lieu of a fixed amount.
Specifically, the Exchange is proposing
to provide subscribers with three to five
microwave or millimeter wave wireless
subscriptions under Rule 7015(g)(1)
and/or Rule 7034(b) a 5% discount on
all such subscriptions; subscribers with
six to ten microwave or millimeter wave
wireless subscriptions under Rule
7015(g)(1) and/or Rule 7034(b) would
receive a 10% discount on all such
subscriptions; subscribers with eleven
to fourteen microwave or millimeter
wave wireless subscriptions under Rule
7015(g)(1) and/or Rule 7034(b) would
receive a 15% discount on all such
subscriptions; and subscribers with
fifteen or more microwave or millimeter
wave wireless subscriptions under Rule
7015(g)(1) and/or Rule 7034(b) would
receive a 20% discount on all such
subscriptions.
The Exchange notes that the proposed
reduction in fees will reward the
greatest users of its wireless
connectivity under Rule 7015(g)(1) and/
or Rule 7034(b), although the Exchange
does not believe that the proposed
change will result in a fee assessed that
is less than the cost of offering the
connectivity.
2. Statutory Basis
The Exchange believes that its
proposal is consistent with Section 6(b)
of the Act,5 in general, and furthers the
objectives of Sections 6(b)(4) and 6(b)(5)
4 The Exchange is proposing to add footnotes to
Rules 7015(g)(1) and 7034(b) describing the
proposed discounts. As described above, Rule
7015(g)(1) provides wireless connectivity to clients
co-located at other third-party data centers and Rule
7034(b) provides wireless colocation connectivity
options to clients at the Exchange’s colocation
facility. Any of the options under these rules may
be subscribed to by a client of the Exchange, and
the Exchange is using the term ‘‘subscriber’’ to refer
to any such client subscribing to one or more of the
options under Rules 7015(g)(1) and/or 7034(b).
5 15 U.S.C. 78f(b).
E:\FR\FM\11APN1.SGM
11APN1
]]>Agencies
[Federal Register Volume 82, Number 68 (Tuesday, April 11, 2017)]
[Notices]
[Pages 17489-17490]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-07249]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Submission for OMB Review: Comment Request
Upon Written Request, Copies Available From: U.S. Securities and
Exchange Commission, Office of FOIA Services, 100 F Street NE,
Washington, DC 20549-2736
Revision:
Joint Standards for Assessing the Diversity Policies and
Practices of Entities Regulated by the Agencies, SEC File No. 270-
664, OMB Control No. 3235-0740.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Securities and Exchange Commission (the SEC) has submitted
a revision to a currently approved information collection to the Office
of Management and Budget (OMB) for review and approval in accordance
with the Paperwork Reduction Act of 1995 (PRA). The SEC previously
received OMB approval for a collection of information associated with
the Final Interagency Policy Statement Establishing Joint Standards for
Assessing the Diversity Policies and Practices of Entities Regulated by
the Agencies (Joint Standards). The revision adds a form entitled
``Diversity Assessment Report Assessment Report for Entities Regulated
by the SEC'' (Diversity Assessment Report) to facilitate the collection
of information contemplated under the Joint Standards.
DATES: Comments must be submitted on or before May 11, 2017.
ADDRESSES: The public may review 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 C. Dyson, 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, and include ``SEC File No. 270-664--OMWI Diversity
Assessment Report'' in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: Pamela A. Gibbs, Director, Office of
Minority and Women Inclusion, (202) 551-6046, or Audrey B. Little,
Senior Counsel, Office of Minority and Women Inclusion, (202) 551-6086,
Securities and Exchange Commission, 100 F Street, NE., Washington, DC
20549.
SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), certain
Federal agencies must obtain approval from OMB for each collection of
information that they conduct or sponsor. ``Collection of information''
is defined in 44 U.S.C. 3502(3) (and 5 CFR 1320.3(c) of the PRA
implementing regulations) to include agency requests or requirements
that members of the public submit reports, keep records, or provide
information to a third party. The PRA (44 U.S.C. 3506(c)(2)(A)) directs
these Federal agencies to publish a 30-day notice in the Federal
Register concerning each proposed collection of information before
submitting the collection to OMB for approval. To comply with this
requirement, the SEC is publishing this notice to invite public comment
on the proposed revision to the currently approved information
collection discussed below.
Title of Collection: Joint Standards for Assessing Diversity
Policies and Practices of Entities Regulated by the Agencies.
OMB Control Number: 3235-0740.
Description: The SEC previously received OMB approval for a
voluntary information collection associated with the Joint Standards,
pursuant to which entities regulated by the SEC may conduct voluntarily
self-assessments of their diversity policies and practices and provide
information to pertaining to the self-assessments to the SEC.\1\ This
proposed revision to the currently approved collection adds a form
entitled ``Diversity Assessment Report for Entities Regulated by the
SEC'' (Diversity Assessment Report) to assist with collection of
information regarding regulated entities' policies and practices
relating to diversity and inclusion. The Diversity Assessment Report
(1) asks for general information about a respondent; (2) includes
questions relating to the standards set forth in the Joint Standards;
(3) seeks data related to workforce diversity and supplier diversity;
and (4) provides an opportunity for comments. A draft of this Diversity
Assessment Report can be viewed at https://www.sec.gov/omwi/sec-entity-diversity-assessment-report-draft.pdf. The SEC estimates that use of
the Diversity Assessment Report would reduce the average response time
for this collection per respondent from 12 hours to 10 hours.
---------------------------------------------------------------------------
\1\ 80 FR 33016 (June 10, 2015).
---------------------------------------------------------------------------
The SEC may use the information submitted by the entities it
regulates to monitor progress and trends in the financial services
industry with regard to diversity and inclusion in employment and
contracting activities and to identify and highlight those policies and
practices that have been successful. The SEC will continue to reach out
to the regulated entities and other interested parties to discuss
diversity and inclusion in the financial services industry and share
leading practices. The SEC may also publish information disclosed by
the entity, such as any identified leading practices, in any form that
does not identify a particular institution or disclose confidential
business information. The SEC will not publish diversity and inclusion
information that identifies any particular regulated entity unless the
regulated entity consents in writing to such use.
Type of Review: Revision.
Frequency of Response: Annually.
Burden Estimates:
Revised Number of Respondents: 1,300.\2\
---------------------------------------------------------------------------
\2\ This number has been modified to account for the ever
changing number of entities regulated by the SEC. It still, however,
represents about 5% of regulated entities, as set forth in the
original PRA notice for the Joint Standards.
---------------------------------------------------------------------------
Revised Average Response Time Per Respondent: 10 hours.
Revised Total Annual Burden Hours: 13,000.
Obligation to Respond: Voluntary.
Comments: On January 24, 2017, the SEC published a notice of its
proposed revision to the currently approved information collection
associated with the Joint Standards, and allowed the public 60 days to
submit comments.\3\ See 82 FR 8248. The comment period closed March 27,
2017, and the SEC received no comments that addressed the proposed
revision to the information collection.
---------------------------------------------------------------------------
\3\ 82 FR 8248.
---------------------------------------------------------------------------
Written comments continue to be invited on: (a) whether the
collection of information is necessary for the proper performance of
the functions of the SEC, including whether the information has
practical utility; (b) the accuracy of the SEC's estimate of the
information collection burden, including the validity of the methods
and the assumptions used; (c) ways to enhance the quality, utility, and
clarity of the information proposed to be collected; (d) ways to
minimize the burden of the collection
[[Page 17490]]
on respondents, including through the use of automated collection
techniques or other forms of information technology; and(e) estimates
of capital or start-up costs and costs of operation, maintenance, and
---------------------------------------------------------------------------
purchase of services to provide information.
Dated: April 5, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-07249 Filed 4-10-17; 8:45 am]
BILLING CODE 8011-01-P
