Submission for OMB Review; Comment Request, 14534 [2018-06855]
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14534
Federal Register / Vol. 83, No. 65 / Wednesday, April 4, 2018 / Notices
Dated: March 29, 2018.
Eduardo Aleman,
Assistant Secretary.
[FR Doc. 2018–06854 Filed 4–3–18; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
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.
amozie on DSK30RV082PROD with NOTICES
Extension:
Rule 35d–1, SEC File No. 270–491, OMB
Control No. 3235–0548.
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’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for extension of the
previously approved collection of
information discussed below.
Rule 35d–1 (17 CFR 270.35d–1) under
the Investment Company Act of 1940
(15 U.S.C. 80a–1 et seq.) defines as
‘‘materially deceptive and misleading’’
for purposes of Section 35(d), among
other things, a name suggesting that a
registered investment company or series
thereof (a ‘‘fund’’) focuses its
investments in a particular type of
investment or investments, in
investments in a particular industry or
group of industries, or in investments in
a particular country or geographic
region, unless, among other things, the
fund adopts a certain investment policy.
Rule 35d–1 further requires either that
the investment policy is fundamental or
that the fund has adopted a policy to
provide its shareholders with at least 60
days prior notice of any change in the
investment policy (‘‘notice to
shareholders’’). The rule’s notice to
shareholders provision is intended to
ensure that when shareholders purchase
shares in a fund based, at least in part,
on its name, and with the expectation
that it will follow the investment policy
suggested by that name, they will have
sufficient time to decide whether to
redeem their shares in the event that the
fund decides to pursue a different
investment policy.
The Commission estimates that there
are approximately 9,939 open-end and
closed-end funds that have names that
are covered by the rule. The
Commission estimates that of these
9,939 funds, approximately 33 will
provide prior notice to shareholders
VerDate Sep<11>2014
18:12 Apr 03, 2018
Jkt 244001
pursuant to a policy adopted in
accordance with this rule per year. The
Commission estimates that the annual
burden associated with the notice to
shareholders requirement of the rule is
20 hours per response, for annual total
of 660 hours per year.
Estimates of average burden hours are
made solely for the purposes of the
Paperwork Reduction Act and are not
derived from a comprehensive or even
representative survey or study of the
costs of Commission rules and forms.
The collection of information under rule
35d–1 is mandatory. The information
provided under rule 35d–1 will not be
kept confidential. 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.
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
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: March 30, 2018.
Eduardo Aleman,
Assistant Secretary.
[FR Doc. 2018–06855 Filed 4–3–18; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–82964; File No. SR–
NASDAQ–2018–022]
Self-Regulatory Organizations; The
Nasdaq Stock Market LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Amend
Exchange Rule 7034
March 29, 2018.
Pursuant to 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 March 16,
2018, The Nasdaq Stock Market LLC
(‘‘Nasdaq’’ or ‘‘Exchange’’) filed with the
1 15
2 17
PO 00000
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00125
Fmt 4703
Sfmt 4703
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I and II
below, which Items have been prepared
by the Exchange. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend
Rule 7034, as described below.
The text of the proposed rule change
is available on the Exchange’s website at
https://nasdaq.cchwallstreet.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
Exchange 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 these
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 aspects 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 amend
Rule 7034 pertaining to colocation
services and fees to harmonize it with
the rules of Nasdaq BX, Inc. (‘‘BX’’).
The Exchange first proposes to amend
Rule 7034(b), under the heading
‘‘Market Data Connectivity,’’ to recategorize and to update references to
the CBOE/Bats/Direct Edge data feeds to
reflect their current names. Similarly,
the Exchange proposes to delete a
$1,000 installation fee that presently
applies to the Direct Edge feeds because
the Direct Edge feeds are now offerings
of CBOE, along with the BZX and BYX
feeds. Going forward, a single, one-time
$1,000 installation fee will apply to
subscribers to any or all of the CBOE
data feeds. The Exchange also proposes
to correct a typographical error in the
name of the TSXV Level 2 Feed. The
Exchange notes that this proposal will
render this paragraph of Rule 7034(b)
consistent with BX Rule 7034(b).
Second, the Exchange proposes to
amend Rule 7034(b), under the heading
E:\FR\FM\04APN1.SGM
04APN1
Agencies
[Federal Register Volume 83, Number 65 (Wednesday, April 4, 2018)]
[Notices]
[Page 14534]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-06855]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
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 35d-1, SEC File No. 270-491, OMB Control No. 3235-0548.
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'') has submitted to the Office of
Management and Budget (``OMB'') a request for extension of the
previously approved collection of information discussed below.
Rule 35d-1 (17 CFR 270.35d-1) under the Investment Company Act of
1940 (15 U.S.C. 80a-1 et seq.) defines as ``materially deceptive and
misleading'' for purposes of Section 35(d), among other things, a name
suggesting that a registered investment company or series thereof (a
``fund'') focuses its investments in a particular type of investment or
investments, in investments in a particular industry or group of
industries, or in investments in a particular country or geographic
region, unless, among other things, the fund adopts a certain
investment policy. Rule 35d-1 further requires either that the
investment policy is fundamental or that the fund has adopted a policy
to provide its shareholders with at least 60 days prior notice of any
change in the investment policy (``notice to shareholders''). The
rule's notice to shareholders provision is intended to ensure that when
shareholders purchase shares in a fund based, at least in part, on its
name, and with the expectation that it will follow the investment
policy suggested by that name, they will have sufficient time to decide
whether to redeem their shares in the event that the fund decides to
pursue a different investment policy.
The Commission estimates that there are approximately 9,939 open-
end and closed-end funds that have names that are covered by the rule.
The Commission estimates that of these 9,939 funds, approximately 33
will provide prior notice to shareholders pursuant to a policy adopted
in accordance with this rule per year. The Commission estimates that
the annual burden associated with the notice to shareholders
requirement of the rule is 20 hours per response, for annual total of
660 hours per year.
Estimates of average burden hours are made solely for the purposes
of the Paperwork Reduction Act and are not derived from a comprehensive
or even representative survey or study of the costs of Commission rules
and forms. The collection of information under rule 35d-1 is mandatory.
The information provided under rule 35d-1 will not be kept
confidential. 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.
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 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: March 30, 2018.
Eduardo Aleman,
Assistant Secretary.
[FR Doc. 2018-06855 Filed 4-3-18; 8:45 am]
BILLING CODE 8011-01-P