Submission for OMB Review; Comment Request, 43416-43417 [2017-19677]
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Federal Register / Vol. 82, No. 178 / Friday, September 15, 2017 / Notices
pensions and Medicare entitlement for
either an age and service or disability
annuity. An RRB representative
interviews the applicant either at a field
office, an itinerant point, or by
telephone. During the interview, the
RRB representative enters the
information obtained into an on-line
information system. Upon completion of
the interview, the on-line information
system generates Form AA–1cert,
Application Summary and Certification,
or Form AA–1sum, Application
Summary, a summary of the information
that was provided for the applicant to
review and approve. Form AA–1cert
documents approval using the
traditional pen and ink ‘‘wet’’ signature,
and Form AA–1sum documents
approval using the alternative signature
method called Attestation. When the
RRB representative is unable to contact
the applicant in person or by telephone,
for example, the applicant lives in
another country, a manual version of
Form AA–1 is used.
Form AA–1d, Application for
Determination of Employee’s Disability,
is completed by an employee who is
filing for a disability annuity under the
RRA, or a disability freeze under the
Social Security Act, for early Medicare
based on a disability. Form G–204,
Verification of Worker’s Compensation/
Public Disability Benefit Information, is
used to obtain and verify information
concerning a worker’s compensation or
a public disability benefit that is or will
be paid by a public agency to a disabled
railroad employee.
The RRB proposes to add the
following two new items—‘‘Are you
expecting a newborn?’’ and its possible
‘‘Yes’’ response—‘‘Expected Date’’ to
Form AA–1. A comparable revision will
be made to the electronic equivalent
forms (AA–1, AA–1cert and AA–1sum).
This information will help determine if
the applicant can potentially receive an
additional benefit amount. The RRB also
proposes the implementation of an
Internet equivalent version of Form AA–
1 that can be completed by the applicant
and submitted through the RRB’s Web
site at www.rrb.gov. The RRB proposes
no changes to Forms AA–1d or G–204.
One response is requested of each
respondent. Completion of the forms is
required to obtain/retain a benefit.
ESTIMATE OF ANNUAL RESPONDENT BURDEN
Annual
responses
Form No.
Time
(minutes)
Burden
(hours)
AA–1 (without assistance) ...........................................................................................................
AA–1cert (with assistance) ..........................................................................................................
AA–1sum (with assistance) .........................................................................................................
AA–1 (Internet) (without assistance) ...........................................................................................
AA–1d (with assistance) ..............................................................................................................
AA–1d (without assistance) .........................................................................................................
G–204 ..........................................................................................................................................
35
7,050
2,415
3,220
2,600
5
20
62
30
29
45
60
85
15
36
3,525
1,167
2,415
2,600
7
5
Total ......................................................................................................................................
15,345
........................
9,755
Additional Information or Comments:
To request more information or to
obtain a copy of the information
collection justification, forms, and/or
supporting material, contact Dana
Hickman at (312) 751–4981 or
Dana.Hickman@RRB.GOV. Comments
regarding the information collection
should be addressed to Brian Foster,
Railroad Retirement Board, 844 North
Rush Street, Chicago, Illinois 60611–
1275 or emailed to Brian.Foster@rrb.gov.
Written comments should be received
within 60 days of this notice.
Brian D. Foster,
Clearance Officer.
[FR Doc. 2017–19629 Filed 9–14–17; 8:45 am]
BILLING CODE 7905–01–P
mstockstill on DSK30JT082PROD with NOTICES
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–325, OMB Control No.
3235–0385]
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: U.S. Securities and Exchange
Commission, Office of FOIA Services,
VerDate Sep<11>2014
17:07 Sep 14, 2017
Jkt 241001
100 F Street NE., Washington, DC
20549–2736
Extension:
Rule 15g–9
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
(‘‘OMB’’) a request for extension of the
previously approved collection of
information discussed below.
Section 15(c)(2) of the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.) (the ‘‘Exchange Act’’) authorizes
the Commission to promulgate rules
that prescribe means reasonably
designed to prevent fraudulent,
deceptive, or manipulative practices in
connection with over-the-counter
(‘‘OTC’’) securities transactions.
Pursuant to this authority, the
Commission in 1989 adopted Rule 15a–
6, which was subsequently redesignated
as Rule 15g–9, 17 CFR 240.15g–9 (the
‘‘Rule’’). The Rule requires brokerdealers to produce a written suitability
determination for, and to obtain a
written customer agreement to, certain
recommended transactions in penny
stocks that are not registered on a
PO 00000
Frm 00092
Fmt 4703
Sfmt 4703
national securities exchange, and whose
issuers do not meet certain minimum
financial standards. The Rule is
intended to prevent the indiscriminate
use by broker-dealers of fraudulent, high
pressure telephone sales campaigns to
sell penny stocks to unsophisticated
customers.
The Commission staff estimates that
there are approximately 198 brokerdealers subject to the Rule. The burden
of the Rule on a respondent varies
widely depending on the frequency
with which new customers are solicited.
On the average for all respondents, the
staff has estimated that respondents
process three new customers per week,
or approximately 156 new customer
suitability determinations per year. We
also estimate that a broker-dealer would
expend approximately one-half hour per
new customer in obtaining, reviewing,
and processing (including transmitting
to the customer) the information
required by Rule 15g–9, and each
respondent would consequently spend
78 hours annually (156 customers × .5
hours) obtaining the information
required in the rule. We determined,
based on the estimate of 198 brokerdealer respondents, that the current
annual burden of Rule 15g–9 is 15,444
hours (198 respondents × 78 hours).
E:\FR\FM\15SEN1.SGM
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Federal Register / Vol. 82, No. 178 / Friday, September 15, 2017 / Notices
The broker-dealer must keep the
written suitability determination and
customer agreement required by the
Rule for at least three years. Completing
the suitability determination and
obtaining the customer agreement in
writing is mandatory for broker-dealers
who effect transactions in penny stocks
and do not qualify for an exemption, but
does not involve the collection of
confidential information.
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: September 12, 2017.
Eduardo A. Aleman,
Assistant Secretary.
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–81568; File No. SR–
NYSEArca–2017–98]
Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Filing of Proposed
Rule Change To List and Trade Shares
of The Gold Trust Under NYSE Arca
Rule 8.201–E
mstockstill on DSK30JT082PROD with NOTICES
September 11, 2017.
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934 (the
‘‘Act’’) 2 and Rule 19b–4 thereunder,3
notice is hereby given that, on August
30, 2017, NYSE Arca, Inc. (the
‘‘Exchange’’ or ‘‘NYSE Arca’’) filed with
the Securities and Exchange
Commission (the ‘‘Commission’’) the
proposed rule change as described in
U.S.C. 78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15
VerDate Sep<11>2014
17:07 Sep 14, 2017
Jkt 241001
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to list and
trade shares of The Gold Trust under
NYSE Arca Rule 8.201–E. The proposed
rule change is available on the
Exchange’s Web site at www.nyse.com,
at the principal office of the Exchange,
and at the Commission’s Public
Reference Room.
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
self-regulatory organization 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 those 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 parts of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to list and
trade shares (‘‘Shares’’) of The Gold
Trust (‘‘Trust’’), a series of the World
Currency Gold Trust (‘‘WCGT’’), under
NYSE Arca Rule 8.201–E.4 Under NYSE
Arca Rule 8.201–E, the Exchange may
propose to list and/or trade pursuant to
[FR Doc. 2017–19677 Filed 9–14–17; 8:45 am]
1 15
Items I and II below, which Items have
been prepared by the self-regulatory
organization. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
4 On August 29, 2017, WCGT submitted to the
Commission its draft registration statement, with
respect to the Trust, on Form S–1 (‘‘Registration
Statement’’) under the Securities Act of 1933 (‘‘1933
Act’’). The Jumpstart Our Business Startups Act,
enacted on April 5, 2012, added Section 6(e) to the
1933 Act. Section 6(e) of the 1933 Act provides that
an ‘‘emerging growth company’’ may confidentially
submit to the Commission a draft registration
statement for confidential, non-public review by the
Commission staff prior to public filing, provided
that the initial confidential submission and all
amendments thereto shall be publicly filed not later
than 21 days before the date on which the issuer
conducts a road show, as such term is defined in
1933 Act Rule 433(h)(4). An emerging growth
company is defined in Section 2(a)(19) of the 1933
Act as an issuer with less than $1,000,000,000 total
annual gross revenues during its most recently
completed fiscal year. The Trust meets the
definition of an emerging growth company and
consequently has submitted its Registration
Statement on a confidential basis with the
Commission.
PO 00000
Frm 00093
Fmt 4703
Sfmt 4703
43417
unlisted trading privileges (‘‘UTP’’)
‘‘Commodity-Based Trust Shares.’’ 5
The Trust will not be registered as an
investment company under the
Investment Company Act of 1940, as
amended,6 and is not required to
register under such act. The Trust is not
a commodity pool for purposes of the
Commodity Exchange Act, as amended.7
The Sponsor of the Trust is WGC USA
Asset Management Company, LLC.8
BNY Mellon Asset Servicing, a division
of The Bank of New York Mellon
(‘‘BNYM’’), will be the Trust’s
administrator (‘‘Administrator’’) and
transfer agent. BNYM will serve as the
custodian of the Trust’s cash, if any. A
bank will serve as the custodian
(‘‘Custodian’’) of the Trust’s gold.
The Commission has previously
approved listing on the Exchange under
NYSE Arca Equities Rules 5.2(j)(5) (now
NYSE Arca Rule 5.2–E(j)(5)) and 8.201
(now NYSE Arca Rule 8.201–E) of other
precious metals and gold-based
commodity trusts, including the
GraniteShares Gold Trust; 9 Merk Gold
Trust; 10 ETFS Gold Trust,11 ETFS
Platinum Trust 12 and ETFS Palladium
Trust (collectively, the ‘‘ETFS
Trusts’’); 13 APMEX Physical-1 oz. Gold
Redeemable Trust; 14 Sprott Gold
Trust; 15 SPDR Gold Trust (formerly,
streetTRACKS Gold Trust); iShares
Silver Trust; 16 iShares COMEX Gold
5 Commodity-Based Trust Shares are securities
issued by a trust that represents investors’ discrete
identifiable and undivided beneficial ownership
interest in the commodities deposited into the
Trust.
6 15 U.S.C. 80a–1.
7 17 U.S.C. 1.
8 WCGT is a Delaware statutory trust consisting of
multiple series, each of which issues common units
of beneficial interest, which represent units of
fractional undivided beneficial interest in and
ownership of such series. The term of WCGT and
each series will be perpetual (unless terminated
earlier in certain circumstances). The sole trustee of
WCGT is Delaware Trust Company (‘‘Trustee’’).
9 Securities Exchange Act Release No. 81077 (July
5, 2017) (SR–NYSEArca–2017–55) (order approving
listing and trading shares of the GraniteShares Gold
Trust under NYSE Arca Equities Rule 8.201).
10 Securities Exchange Act Release No. 71378
(January 23, 2014), 79 FR 4786 (January 29, 2014)
(SR–NYSEArca–2013–137).
11 Securities Exchange Act Release No. 59895
(May 8, 2009), 74 FR 22993 (May 15, 2009) (SR–
NYSEArca–2009–40).
12 Securities Exchange Act Release No. 61219
(December 22, 2009), 74 FR 68886 (December 29,
2009) (SR–NYSEArca–2009–95).
13 Securities Exchange Act Release No. 61220
(December 22, 2009), 74 FR 68895 (December 29,
2009) (SR–NYSEArca–2009–94).
14 Securities Exchange Act Release No 66930
(May 7, 2012), 77 FR 27817 (May 11, 2012) (SR–
NYSEArca–2012–18).
15 Securities Exchange Act Release No. 61496
(February 4, 2010), 75 FR 6758 (February 10, 2010)
(SR–NYSEArca–2009–113).
16 See Securities Exchange Act Release No. 58956
(November 14, 2008), 73 FR 71074 (November 24,
E:\FR\FM\15SEN1.SGM
Continued
15SEN1
]]>Agencies
[Federal Register Volume 82, Number 178 (Friday, September 15, 2017)]
[Notices]
[Pages 43416-43417]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-19677]
=======================================================================
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-325, OMB Control No. 3235-0385]
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
Extension:
Rule 15g-9
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 (``OMB'') a request for extension of the previously approved
collection of information discussed below.
Section 15(c)(2) of the Securities Exchange Act of 1934 (15 U.S.C.
78a et seq.) (the ``Exchange Act'') authorizes the Commission to
promulgate rules that prescribe means reasonably designed to prevent
fraudulent, deceptive, or manipulative practices in connection with
over-the-counter (``OTC'') securities transactions. Pursuant to this
authority, the Commission in 1989 adopted Rule 15a-6, which was
subsequently redesignated as Rule 15g-9, 17 CFR 240.15g-9 (the
``Rule''). The Rule requires broker-dealers to produce a written
suitability determination for, and to obtain a written customer
agreement to, certain recommended transactions in penny stocks that are
not registered on a national securities exchange, and whose issuers do
not meet certain minimum financial standards. The Rule is intended to
prevent the indiscriminate use by broker-dealers of fraudulent, high
pressure telephone sales campaigns to sell penny stocks to
unsophisticated customers.
The Commission staff estimates that there are approximately 198
broker-dealers subject to the Rule. The burden of the Rule on a
respondent varies widely depending on the frequency with which new
customers are solicited. On the average for all respondents, the staff
has estimated that respondents process three new customers per week, or
approximately 156 new customer suitability determinations per year. We
also estimate that a broker-dealer would expend approximately one-half
hour per new customer in obtaining, reviewing, and processing
(including transmitting to the customer) the information required by
Rule 15g-9, and each respondent would consequently spend 78 hours
annually (156 customers x .5 hours) obtaining the information required
in the rule. We determined, based on the estimate of 198 broker-dealer
respondents, that the current annual burden of Rule 15g-9 is 15,444
hours (198 respondents x 78 hours).
[[Page 43417]]
The broker-dealer must keep the written suitability determination
and customer agreement required by the Rule for at least three years.
Completing the suitability determination and obtaining the customer
agreement in writing is mandatory for broker-dealers who effect
transactions in penny stocks and do not qualify for an exemption, but
does not involve the collection of confidential information.
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: September 12, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-19677 Filed 9-14-17; 8:45 am]
BILLING CODE 8011-01-P
