Proposed Collection; Comment Request, 31121 [2017-14065]
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Federal Register / Vol. 82, No. 127 / Wednesday, July 5, 2017 / Notices
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is listed on another national securities
exchange.
The Commission has previously
approved substantively identical rules
for the listing and trading of ETPs on
NYSE Arca and NYSE. The Exchange
represents that it will not list, but only
trade, ETPs on a UTP basis. The
Exchange represents that to trade
pursuant to UTP any ETP that is listed
and traded on another national
securities exchange, NYSE MKT would
be required to file Form 19b–4(e) with
the Commission.
The Commission believes that the
Exchange’s proposal does not raise any
novel issues, and the proposed rules of
the Exchange are consistent with the
rules of other national securities
exchanges that trade securities,
including ETPs.29 Additionally, the
Exchange represents, and its proposed
rules specify, that NYSE MKT will not
list any ETPs unless it first obtains
Commission approval of a proposed rule
change under Section 19(b)(2) of the
Act. Therefore, the provisions of
proposed Rules 5E and 8E that permit
the listing of ETPs would only be
effective if the Commission approves a
proposed rule change for the Exchange
to amend its rules to comply with Rules
10A–3 and 10C–1 under the Act and to
incorporate other applicable listing
criteria. Finally, the Commission notes
that NYSE MKT has represented that it
will be responsible for accepting the
obligations applicable to a UTP market,
including specific requirements for
registered market makers, books and
records production, surveillance
procedures, suitability and prospectus
requirements, and requisite Exchange
approvals.30
The Commission believes that the
UTP trading on NYSE MKT of NMS
stocks, including ETPs, listed on other
national securities exchanges is
consistent with existing UTP trading of
NMS stocks on other national securities
exchanges and that is designed to
increase competition among the
different securities markets to the
benefit of market participants. The
Commission therefore finds that NYSE
MKT’s proposed rules governing trading
on a UTP basis on its Pillar platform are
consistent with the Act.
VI. Conclusion
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,31 that the
proposed rule change (SR–NYSEMKT–
2016–103), as modified by Amendments
29 See, e.g., Rule 14.1 of Bats BYX Exchange, Inc.
and Rule 14.1 of Bats EDGA Exchange, Inc.
30 See proposed Rule 5.1E.
31 15 U.S.C. 78s(b)(2).
VerDate Sep<11>2014
17:57 Jul 03, 2017
Jkt 241001
No. 1, 2, and 3, be, and it hereby is,
approved.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.32
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2017–14014 Filed 7–3–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–427, OMB Control No.
3235–0476]
Proposed Collection; 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 10b–17
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the existing collection of information
provided for in Rule 10b–17 (17 CFR
240.10b–17), under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.). The Commission plans to submit
this existing collection of information to
the Office of Management and Budget
(‘‘OMB’’) for extension and approval.
Rule 10b–17 requires any issuer of a
class of securities publicly traded by the
use of any means or instrumentality of
interstate commerce or of the mails or
of any facility of any national securities
exchange to give notice of the following
specific distributions relating to such
class of securities: (1) A dividend or
other distribution in cash or in kind
other than interest payments on debt
securities; (2) a stock split or reverse
stock split; or (3) a rights or other
subscription offering.
There are approximately 12,127
respondents per year. These
respondents make approximately 27,144
responses per year. Each response takes
approximately 10 minutes to complete.
Thus, the total compliance burden per
year is 4,524 burden hours. The total
internal labor cost of compliance for the
respondents, associated with producing
and filing the reports, is approximately
$317,991.96.
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
PO 00000
Commission, including whether the
information shall have practical utility;
(b) the accuracy of the Commission’s
estimates of the burden of the proposed
collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be collected; and
(d) ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within 60 days of this
publication.
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 OMB
control number.
Please direct your written comments
to: Pamela Dyson, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 100 F Street NE., Washington,
DC 20549, or send an email to: PRA_
Mailbox@sec.gov.
Dated: June 28, 2017.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2017–14065 Filed 7–3–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–81037; File No. SR–ICC–
2017–010]
Self-Regulatory Organizations; ICE
Clear Credit LLC; Notice of Proposed
Rule Change, Security-Based Swap
Submission, or Advance Notice
Relating to the ICC Clearing Rules and
the ICC Treasury Operations Policies
and Procedures
June 28, 2017.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 1 and
Rule 19b–4 thereunder,2 notice is
hereby given that on June 16, 2017, ICE
Clear Credit LLC (‘‘ICC’’) filed with the
Securities and Exchange Commission
the proposed rule change, securitybased swap submission, or advance
notice, as described in Items I, II, and III
below, which Items have been prepared
primarily by ICC. The Commission is
publishing this notice to solicit
comments on the proposed rule change,
security-based swap submission, or
advance notice from interested persons.
1 15
32 17
CFR 200.30–3(a)(12).
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E:\FR\FM\05JYN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
05JYN1
]]>Agencies
[Federal Register Volume 82, Number 127 (Wednesday, July 5, 2017)]
[Notices]
[Page 31121]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-14065]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-427, OMB Control No. 3235-0476]
Proposed Collection; 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 10b-17
Notice is hereby given that pursuant to the Paperwork Reduction Act
of 1995 (``PRA'') (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (``Commission'') is soliciting comments on the existing
collection of information provided for in Rule 10b-17 (17 CFR 240.10b-
17), under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.).
The Commission plans to submit this existing collection of information
to the Office of Management and Budget (``OMB'') for extension and
approval.
Rule 10b-17 requires any issuer of a class of securities publicly
traded by the use of any means or instrumentality of interstate
commerce or of the mails or of any facility of any national securities
exchange to give notice of the following specific distributions
relating to such class of securities: (1) A dividend or other
distribution in cash or in kind other than interest payments on debt
securities; (2) a stock split or reverse stock split; or (3) a rights
or other subscription offering.
There are approximately 12,127 respondents per year. These
respondents make approximately 27,144 responses per year. Each response
takes approximately 10 minutes to complete. Thus, the total compliance
burden per year is 4,524 burden hours. The total internal labor cost of
compliance for the respondents, associated with producing and filing
the reports, is approximately $317,991.96.
Written comments are invited on: (a) Whether the proposed
collection of information is necessary for the proper performance of
the functions of the Commission, including whether the information
shall have practical utility; (b) the accuracy of the Commission's
estimates of the burden of the proposed collection of information; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; and (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology.
Consideration will be given to comments and suggestions submitted in
writing within 60 days of this publication.
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 OMB control number.
Please direct your written comments to: 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.
Dated: June 28, 2017.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2017-14065 Filed 7-3-17; 8:45 am]
BILLING CODE 8011-01-P
