Reporting and Recordkeeping Requirements Under OMB Review, 20410-20411 [2017-08757]

Download as PDF 20410 Federal Register / Vol. 82, No. 82 / Monday, May 1, 2017 / Notices those of the Compensation Committee of its parent company, CBOE Holdings.7 srobinson on DSK5SPTVN1PROD with NOTICES III. Discussion and Commission Findings After careful review, the Commission finds that the proposed rule change is consistent with the requirements of Section 6 of the Act,8 and the rules and regulations thereunder applicable to a national securities exchange.9 In particular, the Commission finds that the proposed rule change is consistent with Section 6(b)(1) of the Act,10 which requires a national securities exchange to be so organized and have the capacity to carry out the purposes of the Act and to comply, and to enforce compliance by its members and persons associated with its members, with the provisions of the Act. The Commission also finds that the proposed rule change is consistent with Section 6(b)(3) of the Act,11 which requires that the rules of a national securities exchange assure a fair representation of its members in the selection of its directors and administration of its affairs and provide that one or more directors shall be representative of issuers and investors and not be associated with a member of the exchange, broker, or dealer. The Commission further 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. In particular, the Commission notes that the proposal to require at least five directors for the Board, rather than a required range of not less than 12 and not more than 16, is comparable to the board size requirements stipulated in the bylaws of at least one other exchange, which was approved by the 7 Id. at 13518–19. The Exchange notes that the composition of both committees currently are the same. See id. at 13518 n.6. 8 15 U.S.C. 78f. 9 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). 10 15 U.S.C. 78f(b)(1). 11 15 U.S.C. 78f(b)(3). 12 15 U.S.C. 78f(b)(5). VerDate Sep<11>2014 20:35 Apr 28, 2017 Jkt 241001 Commission.13 Importantly, the Exchange represents that it is not proposing to amend any of the compositional requirements of the Board, including its provision relating to the fair representation of members, which are set forth in Section 3.2 of the Bylaws.14 The Commission notes that the Exchange represents that, while the proposal provides the Board with greater flexibility to determine the size of the Board without amending the Bylaws, it will continue to allow the Exchange to ensure that the Board is of adequate size and includes directors with relevant and diverse experience.15 The Exchange also notes that it has no current plans to change the size of its Board outside of the original range of 12–16 directors.16 With regard to the proposal to eliminate the C2 Compensation Committee, the Commission notes that this change is comparable to the governing structures of other exchanges, which the Commission has previously approved.17 As more fully set forth in the Notice, the Exchange explains that the C2 Compensation Committee’s responsibilities largely are duplicative of those of the corresponding Compensation Committee of CBOE Holdings, other than to the extent that the C2 Compensation Committee recommends the compensation of executive officers whose compensation is not already determined by the CBOE Holdings Compensation Committee.18 Accordingly, under the proposed rule change, such functions now will be performed by the CBOE Holdings Compensation Committee or as otherwise provided in the Bylaws.19 The Commission notes that the Exchange represents that currently, each of the executive officers whose compensation would need to be determined by the Compensation Committee are officers of both C2 and CBOE Holdings, but should compensation need to be determined in the future for any C2 officer who is not also a CBOE Holdings officer, the C2 Board or C2 senior management will perform such action without the use of a compensation committee, as provided 13 See Securities Exchange Act Release No. 69884 (June 27, 2013), 78 FR 40255 (July 3, 2013) (SR– BYX–2013–013) (providing that the BATS YExchange board of directors will consist of four or more directors). 14 See Notice, supra note 5, at 13518. 15 See id. at 13519. 16 See id. at 13518 n.3. 17 See e.g., Securities Exchange Act Release No. 60276 (July 9, 2009), 74 FR 34840 (July 17, 2009) (SR–NASDAQ–2009–042); see also Securities Exchange Act Release No. 62304 (June 16, 2010), 75 FR 36136 (June 24, 2010) (SR–NYSEArca–2010–31). 18 See Notice, supra note 5, at 13518–9. 19 Id. PO 00000 Frm 00098 Fmt 4703 Sfmt 4703 for in Section 5.11 of the Bylaws.20 Further, the Commission notes that the C2 Regulatory Oversight and Compliance Committee (‘‘ROCC’’) of the Board will continue to recommend to the Board the compensation for the Chief Regulatory Officer and any Deputy Chief Regulatory Officers, and this process is not be affected by this proposed rule change. For the reasons noted above, the Commission finds that the proposed rule change is consistent with the Act. IV. Conclusion It is therefore ordered, pursuant to Section 19(b)(2) of the Act,21 that the proposed rule change (SR–C2–2017– 009) be, and hereby is, approved. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.22 Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017–08699 Filed 4–28–17; 8:45 am] BILLING CODE 8011–01–P SMALL BUSINESS ADMINISTRATION Reporting and Recordkeeping Requirements Under OMB Review Small Business Administration. 30-Day notice. AGENCY: ACTION: The Small Business Administration (SBA) is publishing this notice to comply with requirements of the Paperwork Reduction Act (PRA), which requires agencies to submit proposed reporting and recordkeeping requirements to OMB for review and approval, and to publish a notice in the Federal Register notifying the public that the agency has made such a submission. This notice also allows an additional 30 days for public comments. DATES: Submit comments on or before May 31, 2017. ADDRESSES: Comments should refer to the information collection by name and/ or OMB Control Number and should be sent to: Agency Clearance Officer, Curtis Rich, Small Business Administration, 409 3rd Street SW., 5th Floor, Washington, DC 20416; and SBA Desk Officer, Office of Information and Regulatory Affairs, Office of Management and Budget, New SUMMARY: 20 See Bylaws Section 5.11 (providing that ‘‘[o]fficers of the Corporation shall be entitled to such salaries, compensation or reimbursement as shall be fixed or allowed from time to time by the Board unless otherwise delegated to the Compensation Committee of the Board or to members of senior management’’). 21 15 U.S.C. 78s(b)(2). 22 17 CFR 200.30–3(a)(12). E:\FR\FM\01MYN1.SGM 01MYN1 Federal Register / Vol. 82, No. 82 / Monday, May 1, 2017 / Notices Executive Office Building, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Curtis Rich, Agency Clearance Officer, (202) 205–7030 curtis.rich@sba.gov. SUPPLEMENTARY INFORMATION: SBA regulations at 13 CFR, Section 120.830 requires CDCs to submit an annual report which contains financial statements, operational and management information. This information is used by SBA’s district offices, Office of Credit Risk Management, and Office of Financial Assistance to obtain information from the CDCs that is used to evaluate whether CDCs are operating according to the statutes, regulations and policies governing the CDC loan program (504 program). Solicitation of Public Comments Comments may be submitted on (a) whether the collection of information is necessary for the agency to properly perform its functions; (b) whether the burden estimates are accurate; (c) whether there are ways to minimize the burden, including through the use of automated techniques or other forms of information technology; and (d) whether there are ways to enhance the quality, utility, and clarity of the information. Copies A copy of the Form OMB 83–1, supporting statement, and other documents submitted to OMB for review may be obtained from the Agency Clearance Officer. Summary of Information Collections Title: Certified Development Company (CDC) Annual Report Guide. Description of Respondents: Small Business Lending Companies. Form Number: SBA Form 1253. Total Estimated Annual Responses: 260. Total Estimated Annual Hour Burden: 7, 280. Curtis B. Rich, Management Analyst. [FR Doc. 2017–08757 Filed 4–28–17; 8:45 am] BILLING CODE 8025–01–P srobinson on DSK5SPTVN1PROD with NOTICES SMALL BUSINESS ADMINISTRATION Reporting and Recordkeeping Requirements Under OMB Review Small Business Administration. 30-day notice. AGENCY: ACTION: The Small Business Administration (SBA) is publishing this notice to comply with requirements of the Paperwork Reduction Act (PRA), SUMMARY: VerDate Sep<11>2014 20:35 Apr 28, 2017 Jkt 241001 which requires agencies to submit proposed reporting and recordkeeping requirements to OMB for review and approval, and to publish a notice in the Federal Register notifying the public that the agency has made such a submission. This notice also allows an additional 30 days for public comments. Submit comments on or before May 31, 2017. DATES: Comments should refer to the information collection by name and/ or OMB Control Number and should be sent to: Agency Clearance Officer, Curtis Rich, Small Business Administration, 409 3rd Street SW., 5th Floor, Washington, DC 20416; and SBA Desk Officer, Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Washington, DC 20503. ADDRESSES: FOR FURTHER INFORMATION CONTACT: Curtis Rich, Agency Clearance Officer, (202) 205–7030, curtis.rich@sba.gov. Copies: A copy of the Form OMB 83– 1, supporting statement, and other documents submitted to OMB for review may be obtained from the Agency Clearance Officer. Section 7(a) of the Small Business Act authorizes the Small Business Administration to guaranty loans in each of the 7(a) Programs. The regulations covering these and other loan programs at 13 CFR part 120 require certain information from loan applicants and lenders that is used to determine program eligibility and compliance. SUPPLEMENTARY INFORMATION: Solicitation of Public Comments SBA is requesting comments on (a) Whether the collection of information is necessary for the agency to properly perform its functions; (b) whether the burden estimates are accurate; (c) whether there are ways to minimize the burden, including through the use of automated techniques or other forms of information technology; and (d) whether there are ways to enhance the quality, utility, and clarity of the information. 20411 Total Estimated Annual Hour Burden: 27,959. Curtis B. Rich, Management Analyst. [FR Doc. 2017–08771 Filed 4–28–17; 8:45 am] BILLING CODE 8025–01–P DEPARTMENT OF STATE [Public Notice 9982] Advisory Committee on International Economic Policy; Notice of Charter Renewal The Department of State has renewed the charter of the Advisory Committee on International Economic Policy (‘‘the Committee’’). The Committee provides advice on opportunities and challenges in international economic policy, including performance of the following functions: (a) To provide information and advice on the effective integration of economic interests into overall foreign policy; (b) to appraise the role of international economic institutions; and (c) to provide information and advice on the Department of State’s role in advancing U.S. economic and commercial interests in the global economy. The Committee’s activities are advisory only. The Committee is established under the general authority of the Secretary of State and the Department of State as set forth in Title 22 of the United States Code, in particular section 2656 of that Title and consistent with Federal Advisory Committee Act (5 U.S.C., Appendix). For additional information, contact Alan Krill, Bureau of Economic and Business Affairs, at (202) 647–2231, or KrillA@state.gov. Alan Krill, Designated Federal Officer, Department of State. [FR Doc. 2017–08717 Filed 4–28–17; 8:45 am] BILLING CODE 4710–AE–P SURFACE TRANSPORTATION BOARD Summary of Information Collection Release of Waybill Data Title: Borrower Information Form, Lenders Application for Guaranty, and 7(a) Loan. Description of Respondents: 7(a) Program Participants. Form Number: SBA Forms 1919, 1920 Parts A, B, C, 2237, 2238. Total Estimated Annual Responses: 110,000. The Surface Transportation Board has received a request from a Ph.D. candidate at Duke University. (WB17– 18—4/23/17) for permission to use unmasked data from the Board’s 1984– 2010 Carload Waybill Samples. A copy of this request may be obtained from the Office of Economics. The waybill sample contains confidential railroad and shipper data; PO 00000 Frm 00099 Fmt 4703 Sfmt 4703 E:\FR\FM\01MYN1.SGM 01MYN1

Agencies

[Federal Register Volume 82, Number 82 (Monday, May 1, 2017)]
[Notices]
[Pages 20410-20411]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-08757]


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SMALL BUSINESS ADMINISTRATION


Reporting and Recordkeeping Requirements Under OMB Review

AGENCY: Small Business Administration.

ACTION: 30-Day notice.

-----------------------------------------------------------------------

SUMMARY: The Small Business Administration (SBA) is publishing this 
notice to comply with requirements of the Paperwork Reduction Act 
(PRA), which requires agencies to submit proposed reporting and 
recordkeeping requirements to OMB for review and approval, and to 
publish a notice in the Federal Register notifying the public that the 
agency has made such a submission. This notice also allows an 
additional 30 days for public comments.

DATES: Submit comments on or before May 31, 2017.

ADDRESSES: Comments should refer to the information collection by name 
and/or OMB Control Number and should be sent to: Agency Clearance 
Officer, Curtis Rich, Small Business Administration, 409 3rd Street 
SW., 5th Floor, Washington, DC 20416; and SBA Desk Officer, Office of 
Information and Regulatory Affairs, Office of Management and Budget, 
New

[[Page 20411]]

Executive Office Building, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Curtis Rich, Agency Clearance Officer, 
(202) 205-7030 curtis.rich@sba.gov.

SUPPLEMENTARY INFORMATION: SBA regulations at 13 CFR, Section 120.830 
requires CDCs to submit an annual report which contains financial 
statements, operational and management information. This information is 
used by SBA's district offices, Office of Credit Risk Management, and 
Office of Financial Assistance to obtain information from the CDCs that 
is used to evaluate whether CDCs are operating according to the 
statutes, regulations and policies governing the CDC loan program (504 
program).

Solicitation of Public Comments

    Comments may be submitted on (a) whether the collection of 
information is necessary for the agency to properly perform its 
functions; (b) whether the burden estimates are accurate; (c) whether 
there are ways to minimize the burden, including through the use of 
automated techniques or other forms of information technology; and (d) 
whether there are ways to enhance the quality, utility, and clarity of 
the information.

Copies

    A copy of the Form OMB 83-1, supporting statement, and other 
documents submitted to OMB for review may be obtained from the Agency 
Clearance Officer.

Summary of Information Collections

    Title: Certified Development Company (CDC) Annual Report Guide.
    Description of Respondents: Small Business Lending Companies.
    Form Number: SBA Form 1253.
    Total Estimated Annual Responses: 260.
    Total Estimated Annual Hour Burden: 7, 280.

Curtis B. Rich,
Management Analyst.
[FR Doc. 2017-08757 Filed 4-28-17; 8:45 am]
BILLING CODE 8025-01-P
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