Reporting and Recordkeeping Requirements Under OMB Review, 20410-20411 [2017-08757]
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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).
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20:35 Apr 28, 2017
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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.
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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).
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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;
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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]
=======================================================================
-----------------------------------------------------------------------
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