Submission for OMB Review; Comment Request, 24411-24412 [2017-10794]
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Federal Register / Vol. 82, No. 101 / Friday, May 26, 2017 / Notices
vote such Shares as directed by an
independent third party when voting on
(1) the election of directors; (2) the
removal of one or more directors; or (3)
any other matter under either the Act or
applicable state law affecting the
Board’s composition, size or manner of
election.
15. Each Regulated Fund’s chief
compliance officer, as defined in rule
38a–1(a)(4) under the Act, will prepare
an annual report for its Board each year
that evaluates (and documents the basis
of that evaluation) the Regulated Fund’s
compliance with the terms and
conditions of the application and the
procedures established to achieve such
compliance.
For the Commission, by the Division of
Investment Management, under delegated
authority.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–10830 Filed 5–25–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
approximately one burden hour per
response and is filed by 490
respondents for a total of 490 total
burden hours.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless it displays a currently valid
control number.
The public may view 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
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 to
OMB within 30 days of this notice.
Dated: May 23, 2017.
Eduardo A. Aleman,
Assistant Secretary.
Submission for OMB Review;
Comment Request
[FR Doc. 2017–10891 Filed 5–25–17; 8:45 am]
Upon Written Request Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE., Washington, DC
20549–2736.
BILLING CODE 8011–01–P
Extension:
Form 144, SEC File No. 270–112, OMB
Control No. 3235–0101.
Submission for OMB Review;
Comment Request
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’’) has submitted to the
Office of Management and Budget this
request for extension of the previously
approved collections of information
discussed below.
Form 144 (17 CFR 239.144) is used to
report the sale of securities during any
three-month period that exceeds 5,000
shares or other units and has an
aggregate sales price that does not
exceed $50,000. Under Sections
2(a)(11), 4(a)(1), 4(a)(2), 4(a)(4) and 19(a)
of the Securities Act of 1933 (15 U.S.C.
77b(a)(11), 77d(a)(1), 77d(a)(2), 77d(a)(4)
and 77s (a)) and Rule 144 (17 CFR
230.144) there under, the Commission is
authorized to solicit the information
required to be supplied by Form 144.
The objectives of the rule could not be
met, if the information collection was
not required. The information collected
must be filed with the Commission and
is publicly available. Form 144 takes
VerDate Sep<11>2014
19:14 May 25, 2017
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SECURITIES AND EXCHANGE
COMMISSION
Extension:
Form 10, SEC File No. 270–51, OMB
Control No. 3235–0064.
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’’) has submitted to the
Office of Management and Budget this
request for extension of the previously
approved collection of information
discussed below.
Form 10 (17 CFR 249.210) is used by
issuers to register a class of securities
pursuant to Section 12(b) or Section
12(g) (15 U.S.C. 78l(b) and 78l(g)) of the
Exchange Act of 1934. Form 10 requires
financial and other information about
such matters as the issuer’s business,
properties, identity and remuneration of
management, outstanding securities and
securities to be registered and financial
Frm 00137
Fmt 4703
Sfmt 4703
condition. The information provided by
Form 10 is intended to ensure the
adequacy of information available to
investors about a company. Form 10
takes approximately 215.21 hours per
response to prepare and is filed by
approximately 216 respondents. We
estimate that 25% of the 215.21 hours
per response (53.803 hours) is prepared
by the company for an annual reporting
burden of 11,621 hours (53.803 hours
per response x 216 responses).
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless it displays a currently valid
control number.
The public may view 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
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 to
OMB within 30 days of this notice.
Dated: May 23, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–10890 Filed 5–25–17; 8:45 am]
Upon Written Request Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE., Washington, DC
20549–2736.
PO 00000
24411
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–155, OMB Control No.
3235–0123]
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.
Extension:
Rule 17a–5
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.) (‘‘PRA’’), the
Securities and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of
extension of the previously approved
collection of information provided for in
Rule 17a–5 (17 CFR 240.17a–5), under
E:\FR\FM\26MYN1.SGM
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24412
Federal Register / Vol. 82, No. 101 / Friday, May 26, 2017 / Notices
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.).
Rule 17a–5 is the basic financial
reporting rule for brokers and dealers.1
The rule requires the filing of Form X–
17A–5, the Financial and Operational
Combined Uniform Single Report
(‘‘FOCUS Report’’), which was the result
of years of study and comments by
representatives of the securities industry
through advisory committees and
through the normal rule proposal
methods. The FOCUS Report was
designed to eliminate the overlapping
regulatory reports required by various
self-regulatory organizations and the
Commission and to reduce reporting
burdens as much as possible. The rule
also requires the filing of an annual
audited report of financial statements.
The FOCUS Report consists of: (1)
Part I, which is a monthly report that
must be filed by brokers or dealers that
clear transactions or carry customer
securities; (2) one of three alternative
quarterly reports: Part II, which must be
filed by brokers or dealers that clear
transactions or carry customer
securities; Part IIA, which must be filed
by brokers or dealers that do not clear
transactions or carry customer
securities; and Part IIB, which must be
filed by specialized broker-dealers
registered with the Commission as OTC
derivatives dealers; 2 (3) supplemental
schedules, which must be filed
annually; and (4) a facing page, which
must be filed with the annual audited
report of financial statements. Under the
rule, a broker or dealer that computes
certain of its capital charges in
accordance with Appendix E to
Exchange Act Rule 15c3–1 must file
additional monthly, quarterly, and
annual reports with the Commission.
The Commission estimates that the
total hours burden under Rule 17a–5 is
approximately 353,510 hours per year
when annualized, and the total cost
burden under Rule 17a–5 is
approximately $45,131,475 per year.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
The public may view background
documentation for this information
collection at the following Web site:
www.reginfo.gov. Comments should be
directed to: (i) Desk Officer for the
1 Rule 17a–5(c) requires a broker or dealer to
furnish certain of its financial information to
customers and is subject to a separate PRA filing
(OMB Control Number 3235–0199).
2 Part IIB of Form X–17A–5 must be filed by OTC
derivatives dealers under Exchange Act Rule 17a–
12 and is subject to a separate PRA filing (OMB
control number 3235–0498).
VerDate Sep<11>2014
19:14 May 25, 2017
Jkt 241001
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 by sending an email to: PRA_
Mailbox@sec.gov. Comments must be
submitted to OMB within 30 days of
this notice.
Dated: May 19, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–10794 Filed 5–25–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–80740; File No. SR–CHX–
2017–04]
Self-Regulatory Organizations;
Chicago Stock Exchange, Inc.; Order
Instituting Proceedings To Determine
Whether To Approve or Disapprove a
Proposed Rule Change To Adopt the
CHX Liquidity Enhancing Access Delay
May 22, 2017.
I. Introduction
On February 10, 2017, the Chicago
Stock Exchange, Inc. (‘‘CHX’’ or
‘‘Exchange’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’), pursuant to Section
19(b)(1) of the Securities Exchange Act
of 1934 (‘‘Exchange Act’’) 1 and Rule
19b–4 thereunder,2 a proposed rule
change to adopt the CHX Liquidity
Enhancing Access Delay (‘‘LEAD’’). The
proposed rule change was published for
comment in the Federal Register on
February 21, 2017.3 On April 3, 2017,
the Commission designated a longer
period within which to approve the
proposed rule change, disapprove the
proposed rule change, or institute
proceedings to determine whether the
proposed rule change should be
disapproved.4 The Commission received
eleven comment letters on the proposed
rule change, including a response from
the Exchange.5 This order institutes
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 80041
(February 14, 2017), 82 FR 11252 (‘‘Notice’’).
4 See Securities Exchange Act Release No. 80364,
82 FR 11252 (April 7, 2017).
5 See letters from: (1) Ryan Hitch, Head of
Equities Trading, XR Securities LLC, dated
2 17
PO 00000
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Fmt 4703
Sfmt 4703
proceedings under Section 19(b)(2)(B) of
the Exchange Act 6 to determine
whether to approve or disapprove the
proposed rule change.
II. Summary of the Proposal
The Exchange proposes to adopt the
LEAD, which would subject all new
incoming orders,7 cancel and cancel/
replace messages to a 350-microsecond
intentional access delay, provided that
certain types of messages would not be
subject to the delay: (1) New incoming
orders submitted by LEAD Market
Makers (‘‘LEAD MM’’), a new class of
CHX Market Maker 8 with heightened
quoting and trading obligations (referred
to collectively as the ‘‘minimum
performance standards’’), which would
be immediately ranked on the CHX book
without executing against any resting
orders on the CHX book; (2) certain
cancel messages related to resting orders
that were submitted by LEAD MMs; (3)
cancel/replace messages related to
resting orders that were submitted by
LEAD MMs (except that any part of the
replace portion of the order that would
immediately execute against a resting
order would be intentionally delayed);
and (4) the portion of a routable order
that is to be routed away, regardless of
who submitted the routable order. A
message will be subject to a 350
February 24, 2017 (‘‘XR Securities Letter’’); (2)
Douglas A. Cifu, Chief Executive Officer, Virtu
Financial LLC, dated February 27, 2017 (‘‘Virtu
Letter’’); (3) Joanna Mallers, Secretary, FIA
Principal Traders Group, dated March 13, 2017
(‘‘FIA PTG Letter’’); (4) Adam Nunes, Head of
Business Development, Hudson River Trading LLC,
dated March 13, 2017 (‘‘Hudson River Trading
Letter’’); (5) R.T. Leuchtkafer, dated March 14, 2017
(‘‘Leuchtkafter Letter’’); (6) Stephen John Berger,
Managing Director, Government & Regulatory
Policy, Citadel Securities, dated March 14, 2017
(‘‘Citadel Letter’’); (7) Tyler Gellasch, Executive
Director, Healthy Markets Association, March 17,
2017 (‘‘Healthy Markets Letter’’); (8) Elizabeth K.
King, General Counsel and Corporate Secretary,
New York Stock Exchange, dated March 20, 2017
(‘‘NYSE Letter’’); (9) James G. Ongena, Executive
Vice President and General Counsel, CHX, dated
March 24, 2017 (‘‘CHX Letter’’); (10) Steve
Crutchfield, Head of Market Structure, CTC Trading
Group, LLC, dated April 4, 2017 (‘‘CTC Trading
Letter’’); and (11) Theodore R. Lazo, Managing
Director and Associate General Counsel, Securities
Industry and Financial Markets Association, dated
May 17, 2017 (‘‘SIFMA Letter’’). All comments on
the proposed rule change are available at: https://
www.sec.gov/comments/sr-chx-2017–04/
chx201704.htm.
6 15 U.S.C. 78s(b)(2)(B).
7 New incoming orders are orders received by the
Matching System for the first time. The LEAD
would not apply to other situations where existing
orders or portions thereof are treated as incoming
orders, such as: (1) Resting orders that are price slid
into a new price point pursuant to the CHX only
price sliding or limit up-limit down price sliding
processes; and (2) unexecuted remainders of routed
orders released into the matching system.
8 See CHX Article 1, Rule 1(tt) (defining ‘‘Market
Maker’’); see also generally CHX Article 16 (Market
Makers).
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Agencies
[Federal Register Volume 82, Number 101 (Friday, May 26, 2017)]
[Notices]
[Pages 24411-24412]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-10794]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-155, OMB Control No. 3235-0123]
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.
Extension:
Rule 17a-5
Notice is hereby given that pursuant to the Paperwork Reduction Act
of 1995 (44 U.S.C. 3501 et seq.) (``PRA''), the Securities and Exchange
Commission (``Commission'') has submitted to the Office of Management
and Budget (``OMB'') a request for approval of extension of the
previously approved collection of information provided for in Rule 17a-
5 (17 CFR 240.17a-5), under
[[Page 24412]]
the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.).
Rule 17a-5 is the basic financial reporting rule for brokers and
dealers.\1\ The rule requires the filing of Form X-17A-5, the Financial
and Operational Combined Uniform Single Report (``FOCUS Report''),
which was the result of years of study and comments by representatives
of the securities industry through advisory committees and through the
normal rule proposal methods. The FOCUS Report was designed to
eliminate the overlapping regulatory reports required by various self-
regulatory organizations and the Commission and to reduce reporting
burdens as much as possible. The rule also requires the filing of an
annual audited report of financial statements.
---------------------------------------------------------------------------
\1\ Rule 17a-5(c) requires a broker or dealer to furnish certain
of its financial information to customers and is subject to a
separate PRA filing (OMB Control Number 3235-0199).
---------------------------------------------------------------------------
The FOCUS Report consists of: (1) Part I, which is a monthly report
that must be filed by brokers or dealers that clear transactions or
carry customer securities; (2) one of three alternative quarterly
reports: Part II, which must be filed by brokers or dealers that clear
transactions or carry customer securities; Part IIA, which must be
filed by brokers or dealers that do not clear transactions or carry
customer securities; and Part IIB, which must be filed by specialized
broker-dealers registered with the Commission as OTC derivatives
dealers; \2\ (3) supplemental schedules, which must be filed annually;
and (4) a facing page, which must be filed with the annual audited
report of financial statements. Under the rule, a broker or dealer that
computes certain of its capital charges in accordance with Appendix E
to Exchange Act Rule 15c3-1 must file additional monthly, quarterly,
and annual reports with the Commission.
---------------------------------------------------------------------------
\2\ Part IIB of Form X-17A-5 must be filed by OTC derivatives
dealers under Exchange Act Rule 17a-12 and is subject to a separate
PRA filing (OMB control number 3235-0498).
---------------------------------------------------------------------------
The Commission estimates that the total hours burden under Rule
17a-5 is approximately 353,510 hours per year when annualized, and the
total cost burden under Rule 17a-5 is approximately $45,131,475 per
year.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information under the PRA unless it
displays a currently valid OMB control number.
The public may view 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 Dyson, Director/Chief
Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 100 F Street NE., Washington, DC 20549, or by sending an
email to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within
30 days of this notice.
Dated: May 19, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-10794 Filed 5-25-17; 8:45 am]
BILLING CODE 8011-01-P