Submission for OMB Review; Comment Request, 60639-60640 [2017-27461]
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Federal Register / Vol. 82, No. 244 / Thursday, December 21, 2017 / Notices
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for website viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE,
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change.
Persons submitting comments are
cautioned that we do not redact or edit
personal identifying information from
comment submissions. You should
submit only information that you wish
to make available publicly. All
submissions should refer to File No.
SR–NASDAQ–2017–088 and should be
submitted by January 11, 2018. Rebuttal
comments should be submitted by
January 25, 2018.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.28
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2017–27464 Filed 12–20–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–82338; File No. 265–30]
Fixed Income Market Structure
Advisory Committee
Securities and Exchange
Commission.
ACTION: Notice of meeting.
AGENCY:
The Securities and Exchange
Commission Fixed Income Market
Structure Advisory Committee is
providing notice that it will hold a
public meeting on Thursday, January
11, 2018, in Multi-Purpose Room LL–
006 at the Commission’s headquarters,
100 F Street NE, Washington, DC. The
meeting will begin at 9:30 a.m. (ET) and
will be open to the public, except for the
period during lunch when the
committee will meet in an
administrative work session. The public
portions of the meeting will be webcast
on the Commission’s website at
www.sec.gov. Persons needing special
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SUMMARY:
28 17 CFR 200.30–3(a)(12); 17 CFR 200.30–
3(a)(57).
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accommodations to take part because of
a disability should notify the contact
person listed below. The public is
invited to submit written statements to
the Committee. The meeting will focus
on various administrative items and will
include a discussion of liquidity in the
bond markets.
DATES: The public meeting will be held
on Thursday, January 11, 2018. Written
statements should be received on or
before January 8, 2018.
ADDRESSES: The meeting will be held at
the Commission’s headquarters, 100 F
Street NE, Washington, DC. Written
statements may be submitted by any of
the following methods:
Electronic Statements
• Use the Commission’s internet
submission form (https://www.sec.gov/
rules/other.shtml); or
• Send an email message to rulecomments@sec.gov. Please include File
Number 265–30 on the subject line; or
Paper Statements
• Send paper statements in triplicate
to Brent J. Fields, Federal Advisory
Committee Management Officer,
Securities and Exchange Commission,
100 F Street NE, Washington, DC
20549–1090.
All submissions should refer to File No.
265–30. This file number should be
included on the subject line if email is
used. To help us process and review
your statement more efficiently, please
use only one method. The Commission
will post all statements on the
Commission’s internet website at SEC
website at (https://www.sec.gov/
comments/265-30/265-30.shtml).
Statements also will be available for
website viewing and printing in the
Commission’s Public Reference Room,
100 F Street NE, Room 1580,
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. All statements
received will be posted without change.
Persons submitting comments are
cautioned that we do not redact or edit
personal identifying information from
submissions. You should submit only
information that you wish to make
available publicly.
FOR FURTHER INFORMATION CONTACT:
David Dimitrious, Senior Special
Counsel, at (202) 551–5131, or Benjamin
Bernstein, Attorney-Adviser, at (202)
551–5354, Division of Trading and
Markets, Securities and Exchange
Commission, 100 F Street NE,
Washington DC 20549–3628.
SUPPLEMENTARY INFORMATION: In
accordance with Section 10(a) of the
Federal Advisory Committee Act, 5
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60639
U.S.C.-App. 1, and the regulations
thereunder, Brett Redfearn, Designated
Federal Officer of the Committee, has
ordered publication of this notice.
Dated: December 15, 2017.
Brent J. Fields,
Committee Management Officer.
[FR Doc. 2017–27444 Filed 12–20–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–251, OMB Control No.
3235–0256]
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:
Form F–3.
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’’) 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.
Form F–3 (17 CFR 239.33) is used by
foreign issuers to register securities
pursuant to the Securities Act of 1933
(15 U.S.C. 77a et seq.). The information
collected is intended to ensure that the
information required to be filed by the
Commission permits verification of
compliance with securities law
requirements and assures the public
availability of such information. Form
F–3 takes approximately 167 hours per
response and is filed by approximately
112 respondents. We estimate that 25%
of the 167 hours per response (41.75
hours) is prepared by the registrant for
a total annual reporting burden of 4,676
hours (41.75 hours per response × 112
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 website,
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
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60640
Federal Register / Vol. 82, No. 244 / Thursday, December 21, 2017 / Notices
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: December 15, 2017.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2017–27461 Filed 12–20–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–82334; File No. SR–
NYSEArca–2017–111]
Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Filing of
Amendment No. 2 and Order
Approving on an Accelerated Basis a
Proposed Rule Change, as Modified by
Amendment No. 2, To List and Trade
Shares of the GraniteShares Silver
Trust Under NYSE Arca Rule 8.201–E
December 15, 2017
I. Introduction
On September 12, 2017, NYSE Arca,
Inc. (‘‘NYSE Arca’’ 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’’
or ‘‘Act’’) 1 and Rule 19b–4 thereunder,2
a proposed rule change to list and trade
shares of the GraniteShares Silver Trust
under NYSE Arca Rule 8.201–E. The
proposed rule change was published for
comment in the Federal Register on
September 29, 2017.3 On October 24,
2017, the Exchange filed Amendment
No. 1 to the proposed rule change,
which superseded the proposed rule
change as originally filed. On November
16, 2017, the Exchange filed
Amendment No. 2 to the proposed rule
change, which superseded the proposed
rule change as modified by Amendment
No. 1.4 The Commission has not
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 81699
(Sept. 25, 2017), 82 FR 45634.
4 In Amendment No. 2, the Exchange: (1) Clarified
the permitted investments of the Trust (as defined
herein); (2) supplemented its description of the
duties of the Trust Custodian (as defined herein);
(3) provided information about silver futures and
spot trades; (4) supplemented its description of the
process of Share (as defined herein) redemptions;
(5) supplemented its description of how the Trust’s
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received any comments on the proposed
rule change. The Commission is
publishing this notice to solicit
comments on Amendment No. 2 from
interested persons, and is approving the
proposed rule change, as modified by
Amendment No. 2, on an accelerated
basis.
II. Description of the Proposed Rule
Change, as Modified by Amendment
No. 2
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
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to list and
trade shares (‘‘Shares’’) of the
GraniteShares Silver Trust (the ‘‘Trust’’),
under NYSE Arca Rule 8.201–E.5 Under
net asset value (‘‘NAV’’) will be calculated; (6)
increased the minimum number of Shares that the
Exchange will require to be outstanding at the
commencement of trading; (7) expanded the
circumstances in which the Exchange would or
might halt trading in the Shares; (8) specified that
the Shares would trade in all of the Exchange’s
trading sessions; (9) represented that silver futures
trade on significant exchanges, including COMEX,
which is (a) operated by Commodities Exchange,
Inc., a subsidiary of NYMEX (as defined herein) and
(b) regulated by the CFTC (as defined herein); (10)
represented that NYMEX is a member of ISG (as
defined herein); and (11) made certain technical
corrections. Amendment No. 2 is available at:
https://www.sec.gov/comments/sr-nysearca-2017111/nysearca2017111-2693352-161501.pdf.
5 On September 8, 2017, the Trust submitted to
the Commission its draft registration statement on
Form S–1 (the ‘‘Registration Statement’’) under the
Securities Act of 1933 (15 U.S.C. 77a) (‘‘Securities
Act’’). The Jumpstart Our Business Startups Act,
enacted on April 5, 2012, added Section 6(e) to the
Securities Act. Section 6(e) of the Securities 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 Securities Act Rule 433(h)(4). An
emerging growth company is defined in Section
2(a)(19) of the Securities 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 Form
S–1 Registration Statement on a confidential basis
with the Commission.
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NYSE Arca Rule 8.201–E, the Exchange
may propose to list and/or trade
pursuant to unlisted trading privileges
(‘‘UTP’’) Commodity-Based Trust
Shares.6
The Trust will not be registered as an
investment company under the
Investment Company Act of 1940, as
amended,7 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.8
The Sponsor of the Trust is
GraniteShares LLC, a Delaware limited
liability company. The Bank of New
York Mellon is the trustee of the Trust
(the ‘‘Trustee’’) 9 and ICBC Standard
Bank PLC is the custodian of the Trust
(the ‘‘Custodian’’).10
The Commission has previously
approved listing on the Exchange under
NYSE Arca Rule 8.201–E of other
precious metals and silver-based
commodity trusts, including the iShares
6 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.
7 15 U.S.C. 80a–1.
8 17 U.S.C. 1.
9 The Trustee is responsible for the day-to-day
administration of the Trust. The responsibilities of
the Trustee include (1) processing orders for the
creation and redemption of Baskets; (2)
coordinating with the Custodian the receipt and
delivery of silver transferred to, or by, the Trust in
connection with each issuance and redemption of
Baskets; (3) calculating the net asset value of the
Trust on each business day; and (4) selling the
Trust’s silver as needed to cover the Trust’s
expenses. The Trust does not have a Board of
Directors or persons acting in a similar capacity.
10 The Custodian is responsible for safekeeping
the silver owned by the Trust. The Custodian is
appointed by the Trustee and is responsible to the
Trustee under the Trust’s silver custody
agreements. The Custodian will facilitate the
transfer of silver in and out of the Trust through the
unallocated silver accounts it may maintain for
each Authorized Participant or unallocated silver
accounts that may be maintained for an Authorized
Participant by another silver-clearing bank
approved by the London Bullion Market
Association (‘‘LBMA’’), and through the loco
London account maintained for the Trust by the
Custodian on an unallocated basis pursuant to the
Trust unallocated account agreement (the ‘‘Trust
Unallocated Account’’). The Custodian is
responsible for allocating specific bars of silver to
the loco London account maintained for the Trust
by the Custodian on an allocated basis pursuant to
the Trust agreement (the ‘‘Trust Allocated
Account’’). The Custodian will provide the Trustee
with regular reports detailing the silver transfers in
and out of the Trust Unallocated Account with the
Custodian and identifying the silver bars held in the
Trust Allocated Account.
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Agencies
[Federal Register Volume 82, Number 244 (Thursday, December 21, 2017)]
[Notices]
[Pages 60639-60640]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-27461]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-251, OMB Control No. 3235-0256]
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:
Form F-3.
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'') 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.
Form F-3 (17 CFR 239.33) is used by foreign issuers to register
securities pursuant to the Securities Act of 1933 (15 U.S.C. 77a et
seq.). The information collected is intended to ensure that the
information required to be filed by the Commission permits verification
of compliance with securities law requirements and assures the public
availability of such information. Form F-3 takes approximately 167
hours per response and is filed by approximately 112 respondents. We
estimate that 25% of the 167 hours per response (41.75 hours) is
prepared by the registrant for a total annual reporting burden of 4,676
hours (41.75 hours per response x 112 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 website, 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
[[Page 60640]]
Budget, Room 10102, New Executive Office Building, Washington, DC
20503, or by sending an email to: [email protected]; 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: [email protected]. Comments
must be submitted to OMB within 30 days of this notice.
Dated: December 15, 2017.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2017-27461 Filed 12-20-17; 8:45 am]
BILLING CODE 8011-01-P