Proposed Collection; Comment Request, 56293-56294 [2017-25708]
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Federal Register / Vol. 82, No. 227 / Tuesday, November 28, 2017 / Notices
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.).
Rule 15c1–5 states that any brokerdealer controlled by, controlling, or
under common control with the issuer
of a security that the broker-dealer is
trying to sell to or buy from a customer
must give the customer written
notification disclosing the control
relationship at or before completion of
the transaction. The Commission
estimates that 197 respondents collect
information annually under Rule 15c1–
5 and that each respondent would
spend approximately 10 hours per year
collecting this information (1,970 hours
in aggregate). There is no retention
period requirement under Rule 15c1–5.
This Rule 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: November 21, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–25599 Filed 11–27–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–82142; File No. SR–
NASDAQ–2017–087]
Self-Regulatory Organizations; The
NASDAQ Stock Market LLC; Notice of
Designation of a Longer Period for
Commission Action on a Proposed
Rule Change To Modify the Listing
Requirements Related to Special
Purpose Acquisition Companies To
Reduce Round Lot Holders on Nasdaq
Capital Market for Initial Listing From
300 to 150 and Eliminate Public
Holders for Continued Listing From
300 to Zero, Require $5 Million in Net
Tangible Assets for Initial and
Continued Listing on Nasdaq Capital
Market, and Impose a Deadline To
Demonstrate Compliance With Initial
Listing Requirements on All Nasdaq
Markets Within 30 Days Following
Each Business Combination
November 22, 2017.
On September 20, 2017, The
NASDAQ Stock Market LLC (‘‘Nasdaq’’
or ‘‘Exchange’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’), pursuant to Section
19(b)(1) of the Securities Exchange Act
of 1934 (‘‘Act’’) 1 and Rule 19b–4
thereunder,2 a proposed rule change to
modify the listing requirements related
to Special Purpose Acquisition
Companies (‘‘SPAC’’) to reduce round
lot holders on Nasdaq Capital Market for
initial listing from 300 to 150 and
eliminate the public holders required
for continued listing from 300 to zero,
require $5 million net tangible assets for
initial and continued listing on Nasdaq
Capital Market, and impose a deadline
to demonstrate compliance with initial
listing requirements on all Nasdaq
Markets to within 30 days following
each business combination. The
proposed rule change was published for
comment in the Federal Register on
October 11, 2017.3 The Commission
received six comments on the proposal.4
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 81816
(October 4, 2017), 82 FR 47269 (October 11, 2017)
(‘‘Notice’’).
4 See Letters to Brent J. Fields, Secretary,
Commission, from Jeffrey M. Solomon, Chief
Executive Officer, Cowen and Company, LLC, dated
October 19, 2017; Jeffrey P. Mahoney, General
Counsel, Council of Institutional Investors, dated
October 25, 2017; Sean Davy, Managing Director,
Capital Markets Division, SIFMA, dated October 31,
2017; Akin Gump Strauss Hauer & Feld LLP, dated
November 1, 2017; Steven Levine, Chief Executive
Officer, EarlyBirdCapital, Inc., dated November 3,
2017; and Christian O. Nagler and David A. Curtiss,
Kirkland & Ellis LLP, dated November 9, 2017.
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56293
Section 19(b)(2) of the Act 5 provides
that within 45 days of the notice
publication of the filing of a proposed
rule change, or within such longer
period up to 90 days as the Commission
may designate if it finds such longer
period to be appropriate and publishes
its reasons for so finding, or as to which
the self-regulatory organization
consents, the Commission shall either
approve the proposed rule change,
disapprove the proposed rule change, or
institute proceedings to determine
whether the proposed rule change
should be disapproved. The 45th day
after publication of the notice for this
proposed rule change is November 25,
2017. The Commission is extending this
45-day time period. The Commission
finds it appropriate to designate a longer
period within which to take action on
the proposed rule change so that it has
sufficient time to consider the proposal
and the comment letters. Accordingly,
the Commission, pursuant to Section
19(b)(2) of the Act,6 designates January
9, 2018, as the date by which the
Commission shall either approve or
disapprove, or institute proceedings to
determine whether to disapprove, the
proposed rule change (File No. SR–
NASDAQ–2017–087).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–25687 Filed 11–27–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
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 17a–19 and Form X–17A–19; SEC File
No. 270–148, OMB Control No. 3235–
0133
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 17a–19 (17 CFR
240.17a–19) and Form X–17A–19 under
the Securities Exchange Act of 1934 (15
5 15
U.S.C. 78s(b)(2).
6 Id.
7 17
CFR 200.30–3(a)(31).
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56294
Federal Register / Vol. 82, No. 227 / Tuesday, November 28, 2017 / Notices
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 17a–19 requires every national
securities exchange and registered
national securities association to file a
Form X–17A–19 with the Commission
and the Securities Investor Protection
Corporation (‘‘SIPC’’) within 5 business
days of the initiation, suspension, or
termination of any member and, when
terminating the membership interest of
any member, to notify that member of
its obligation to file financial reports as
required by Exchange Act Rule 17a–5(b)
(17 CFR 240.17a–5(b)).
Commission staff anticipates that the
national securities exchanges and
registered national securities
associations collectively will make 800
total filings annually pursuant to Rule
17a-19 and that each filing will take
approximately 15 minutes. The total
reporting burden is estimated to be
approximately 200 total annual hours.
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 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
under the PRA 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: November 22, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–25708 Filed 11–27–17; 8:45 am]
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SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–305, OMB Control No.
3235–0346]
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 34b–1
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 (the
‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Rule 34b–1 under the Investment
Company Act (17 CFR 270.34b–1)
governs sales material that accompanies
or follows the delivery of a statutory
prospectus (‘‘sales literature’’). Rule
34b-1 deems to be materially misleading
any investment company (‘‘fund’’) sales
literature required to be filed with the
Securities and Exchange Commission
(‘‘Commission’’) by Section 24(b) of the
Investment Company Act (15 U.S.C.
80a–24(b)) that includes performance
data, unless the sales literature also
includes the appropriate uniformly
computed data and the legend
disclosure required in investment
company advertisements by rule 482
under the Securities Act of 1933 (17
CFR 230.482). Requiring the inclusion
of such standardized performance data
in sales literature is designed to prevent
misleading performance claims by funds
and to enable investors to make
meaningful comparisons among funds.
The Commission estimates that on
average approximately 208 respondents
file 13,004 1 responses that include the
information required by rule 34b–1 each
year. The burden resulting from the
collection of information requirements
of rule 34b–1 is estimated to be 2 hours
per response. The total hourly burden
for rule 34b–1 is approximately 26,008
hours per year in the aggregate.2
The collection of information under
rule 34b–1 is mandatory. The
1 The estimated number of responses to rule 34b–
1 is composed of 12,772 responses filed with
FINRA and 232 responses filed with the
Commission in 2016.
2 13,004 responses × 2 hours per response =
26,008 hours.
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information provided under rule 34b–1
is not kept confidential. The
Commission 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.
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the
proposed performance of the functions
of the agency, including whether
information will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the collection of
information; (c) ways to enhance the
quality, utility, and clarity of the
information 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.
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.
November 22, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–25710 Filed 11–27–17; 8:45 am]
BILLING CODE P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–82137; File No. SR–MIAX–
2017–46]
Self-Regulatory Organizations; Miami
International Securities Exchange LLC;
Notice of Filing and Immediate
Effectiveness of a Proposed Rule
Change To Amend the MIAX Order
Feed (‘‘MOR’’)
November 21, 2017.
Pursuant to the provisions of Section
19(b)(1) of the Securities Exchange Act
of 1934 (‘‘Act’’) 1 and Rule 19b–4
thereunder,2 notice is hereby given that
on November 17, 2017, Miami
International Securities Exchange, LLC
(‘‘MIAX Options’’ or the ‘‘Exchange’’)
filed with the Securities and Exchange
Commission (‘‘Commission’’) a
proposed rule change as described in
Items I and II below, which Items have
been prepared by the Exchange. The
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
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Agencies
[Federal Register Volume 82, Number 227 (Tuesday, November 28, 2017)]
[Notices]
[Pages 56293-56294]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-25708]
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SECURITIES AND EXCHANGE COMMISSION
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 17a-19 and Form X-17A-19; SEC File No. 270-148, OMB Control
No. 3235-0133
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 17a-19 (17 CFR
240.17a-19) and Form X-17A-19 under the Securities Exchange Act of 1934
(15
[[Page 56294]]
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 17a-19 requires every national securities exchange and
registered national securities association to file a Form X-17A-19 with
the Commission and the Securities Investor Protection Corporation
(``SIPC'') within 5 business days of the initiation, suspension, or
termination of any member and, when terminating the membership interest
of any member, to notify that member of its obligation to file
financial reports as required by Exchange Act Rule 17a-5(b) (17 CFR
240.17a-5(b)).
Commission staff anticipates that the national securities exchanges
and registered national securities associations collectively will make
800 total filings annually pursuant to Rule 17a-19 and that each filing
will take approximately 15 minutes. The total reporting burden is
estimated to be approximately 200 total annual hours.
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
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 under the PRA 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: November 22, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-25708 Filed 11-27-17; 8:45 am]
BILLING CODE 8011-01-P