Submission for OMB Review; Comment Request, 17689-17690 [2018-08403]

Download as PDF Federal Register / Vol. 83, No. 78 / Monday, April 23, 2018 / Notices that documented the technical safety review of DCPP, Unit Nos. 1 and 2. Appendix A of the safety evaluation report listed PG&E’s commitments for renewal of the operating licenses. The NRC staff resumed the review of the license renewal application after PG&E submitted the annual update for the application on December 22, 2014 (ADAMS Package Accession No. ML14364A259). Subsequently, on June 21, 2016, PG&E requested that the NRC staff suspend the license renewal review (ADAMS Accession No. ML16175A561). At that time, PG&E also requested approval from the California Public Utilities Commission not to proceed with license renewal. The NRC staff suspended the license renewal review in July 2016. On January 11, 2018, the California Public Utilities Commission approved PG&E’s proposal to close DCPP, Unit Nos. 1 and 2, when its current licenses expire. By letter dated March 7, 2018, PG&E requested withdrawal of its license renewal application, including all associated correspondence and commitments, for DCPP, Unit Nos. 1 and 2 (ADAMS Accession No. ML18066A937). Pursuant to the requirements in part 2 of title 10 of the Code of Federal Regulations, the Commission grants PG&E’s request to withdraw DCPP, Unit Nos. 1 and 2, license renewal application. SUPPLEMENTARY INFORMATION: Dated at Rockville, Maryland, this 17th day of April 2018. For the Nuclear Regulatory Commission. Eric R. Oesterle, Chief, License Renewal Project Branch, Division of Materials and License Renewal, Office of Nuclear Reactor Regulation. Submission for OMB Review; Comment Request [FR Doc. 2018–08366 Filed 4–20–18; 8:45 am] POSTAL SERVICE Revision to ZIP Code Zone Charts for APO/FPO/DPO Inbound Mail Postal ServiceTM. Notice. AGENCY: The Postal Service will rezone Inbound Mail from APO/FPO/DPO ZIP Codes to coordinate the Origin/ Destination ZIP Codes with the designated International Service Centers (ISC) through which each originating ZIP Code dispatches mail. DATES: Applicable: June 1, 2018. FOR FURTHER INFORMATION CONTACT: Direct questions or comments to Kimberly G. Forehan by email at kimberly.g.forehan@usps.gov or phone (859) 447–2652. amozie on DSK30RV082PROD with NOTICES SUMMARY: VerDate Sep<11>2014 17:09 Apr 20, 2018 Ruth Stevenson, Attorney, Federal Compliance. [FR Doc. 2018–08360 Filed 4–20–18; 8:45 am] BILLING CODE 7710–12–P SECURITIES AND EXCHANGE COMMISSION Upon Written Request, Copies Available From: Securities and Exchange Commission Office of FOIA Services, 100 F Street NE, Washington, DC 20549–2736 Extension: Rule 206(3)–2; SEC File No. 270–216, OMB Control No. 3235–0243 BILLING CODE 7590–01–P ACTION: Effective with the ZIP Code Zone Charts update on June 1, 2018, Inbound Mail from APO/FPO/DPO ZIP Codes will be rezoned to coordinate the Origin/ Destination ZIP Codes with the designated International Service Centers (ISC) through which each originating ZIP Code dispatches mail. This means that mail being sent from the various APO/FPO/DPO ZIP codes will be realigned so that both outbound and inbound ZIPs will be paired with the areas they serve. The US Postal Service refers to these relationships as ‘‘reciprocal’’ or ‘‘retrograde’’ pairs. This is a change from the current process where Pacific ZIP Codes are zoned through the San Francisco ISC and the European ZIP Codes are zoned through the JFK ISC. After June 1, 2018, each of the five ISCs will be aligned with reciprocal pairs for inbound mail from APO/FPO/DPO ZIP Codes. This will result in a more accurate pricing model for Military customers mailing items back to the United States. Jkt 244001 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 a request for extension of the previously approved collection of information discussed below. Rule 206(3)–2, (17 CFR 275.206(3)–2,) which is entitled ‘‘Agency Cross Transactions for Advisory Clients,’’ permits investment advisers to comply with section 206(3) of the Investment Advisers Act of 1940 (the ‘‘Act’’) (15 U.S.C. 80b–6(3)) by obtaining a client’s blanket consent to enter into agency cross transactions (i.e., a transaction in which an adviser acts as a broker to both the advisory client and the opposite party to the transaction). Rule 206(3)–2, PO 00000 Frm 00048 Fmt 4703 Sfmt 4703 17689 applies to all registered investment advisers. In relying on the rule, investment advisers must provide certain disclosures to their clients. Advisory clients can use the disclosures to monitor agency cross transactions that affect their advisory account. The Commission also uses the information required by Rule 206(3)–2, in connection with its investment adviser inspection program to ensure that advisers are in compliance with the rule. Without the information collected under the rule, advisory clients would not have information necessary for monitoring their adviser’s handling of their accounts and the Commission would be less efficient and effective in its inspection program. The information requirements of the rule consist of the following: (1) Prior to obtaining the client’s consent, appropriate disclosure must be made to the client as to the practice of, and the conflicts of interest involved in, agency cross transactions; (2) at or before the completion of any such transaction, the client must be furnished with a written confirmation containing specified information and offering to furnish upon request certain additional information; and (3) at least annually, the client must be furnished with a written statement or summary as to the total number of transactions during the period covered by the consent and the total amount of commissions received by the adviser or its affiliated brokerdealer attributable to such transactions. The Commission estimates that approximately 426 respondents use the rule annually, necessitating about 50 responses per respondent each year, for a total of 21,300 responses. Each response requires an estimated 0.5 hours, for a total of 10,650 hours. The estimated average burden hours are made solely for the purposes of the Paperwork Reduction Act and are not derived from a comprehensive or representative survey or study of the cost of Commission rules and forms. This collection of information is found at (17 CFR 275.206(3)–2) and is necessary in order for the investment adviser to obtain the benefits of Rule 206(3)–2, The collection of information requirements under the rule is mandatory. Information subject to the disclosure requirements of Rule 206(3)– 2 does not require submission to the Commission; and, accordingly, the disclosure pursuant to the rule is not kept confidential. Commission-registered investment advisers are required to maintain and preserve certain information required under Rule 206(3)–2 for five (5) years. The long-term retention of these records E:\FR\FM\23APN1.SGM 23APN1 17690 Federal Register / Vol. 83, No. 78 / Monday, April 23, 2018 / Notices is necessary for the Commission’s inspection program to ascertain compliance with the Advisers Act. 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 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: April 18, 2018. Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2018–08403 Filed 4–20–18; 8:45 am] SECURITIES AND EXCHANGE COMMISSION Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Delete Duplicative Rules Related to the Consolidated Audit Trail From Its Rulebook amozie on DSK30RV082PROD with NOTICES April 17, 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 April 5, 2018, The Nasdaq Stock Market LLC (‘‘Nasdaq’’ or ‘‘Exchange’’) filed with the 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. VerDate Sep<11>2014 17:09 Apr 20, 2018 Jkt 244001 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. 1. Purpose [Release No. 34–83054; File No. SR– NASDAQ–2018–027] U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. The Exchange proposes to delete the rules related to the Consolidated Audit Trail (‘‘CAT Rules’’) currently under Chapter IX, Sections 8 and 9 of Nasdaq’s Options Rules, as further 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. A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change BILLING CODE 8011–01–P 1 15 I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The purpose of the proposed rule change is to delete the CAT Rules currently under Nasdaq’s Options Rules, Chapter IX, Sections 8 and 9 because these rules are already located in General 7, entitled ‘‘Consolidated Audit Trail Compliance,’’ under the ‘‘General Equity and Options Rules’’ in the Exchange’s rulebook’s shell structure.3 Given that the CAT Rules contained in General 7 are non-product specific and are identical to the CAT Rules in Nasdaq’s Options Rules,4 the Exchange proposes to delete the duplicative rules 3 The Exchange added a shell structure to its rulebook with the purpose of improving efficiency and readability and to align its rules closer to those of its five sister exchanges: Nasdaq BX, Inc.; Nasdaq PHLX LLC; Nasdaq ISE, LLC; Nasdaq GEMX, LLC; and Nasdaq MRX, LLC (‘‘Affiliated Exchanges’’). See Securities Exchange Act Release No. 82175 (November 29, 2017), 82 FR 57494 (December 5, 2017) (SR–NASDAQ–2017–125). 4 As part of its continued effort to promote efficiency and conformity of its rules with those of the Affiliated Exchanges, the Exchange recently relocated the CAT Rules previously under the 6800 Series of Nasdaq’s Equity Rules to General 7 because the CAT Rules apply across all markets and to all products. See Securities Exchange Act Release No. 82604 (January 30, 2018), 83 FR 5154 (February 5, 2018) (SR–NASDAQ–2018–007). PO 00000 Frm 00049 Fmt 4703 Sfmt 4703 in Nasdaq’s Options Rules as market participants transacting on the Exchange’s equity and options markets are already governed by the CAT Rules in General 7. 2. Statutory Basis The Exchange believes that its proposal is consistent with Section 6(b) of the Act,5 in general, and furthers the objectives of Section 6(b)(5) of the Act,6 in particular, in that it is designed to promote just and equitable principles of trade, to remove impediments to and perfect the mechanism of a free and open market and a national market system, and, in general to protect investors and the public interest by removing the duplicative CAT Rules from Nasdaq’s Options Rules. As discussed above, Exchange members are already governed by the CAT Rules in General 7 of the rulebook’s shell structure. The Exchange believes that the proposed changes will make the Exchange’s rulebook easier to read and eliminate any potential confusion to the benefit of its members and investors. B. Self-Regulatory Organization’s Statement on Burden on Competition The Exchange does not believe that the proposed rule change will impose any burden on competition not necessary or appropriate in furtherance of the purposes of the Act. The proposed changes as discussed above do not impose a burden on competition because they are non-substantive and are intended to clarify the Exchange’s rulebook in order to eliminate any potential confusion. C. Self-Regulatory Organization’s Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others No written comments were either solicited or received. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action Because the foregoing proposed rule change does not: (i) Significantly affect the protection of investors or the public interest; (ii) impose any significant burden on competition; and (iii) become operative for 30 days from the date on which it was filed, or such shorter time as the Commission may designate, it has become effective pursuant to Section 19(b)(3)(A)(iii) of the Act 7 and 5 15 U.S.C. 78f(b). U.S.C. 78f(b)(5). 7 15 U.S.C. 78s(b)(3)(A)(iii). 6 15 E:\FR\FM\23APN1.SGM 23APN1

Agencies

SECURITIES AND EXCHANGE COMMISSION

[Federal Register Volume 83, Number 78 (Monday, April 23, 2018)]
[Notices]
[Pages 17689-17690]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-08403]


=======================================================================
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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 206(3)-2; SEC File No. 270-216, OMB Control No. 3235-0243

    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 a request for extension of the previously 
approved collection of information discussed below.
    Rule 206(3)-2, (17 CFR 275.206(3)-2,) which is entitled ``Agency 
Cross Transactions for Advisory Clients,'' permits investment advisers 
to comply with section 206(3) of the Investment Advisers Act of 1940 
(the ``Act'') (15 U.S.C. 80b-6(3)) by obtaining a client's blanket 
consent to enter into agency cross transactions (i.e., a transaction in 
which an adviser acts as a broker to both the advisory client and the 
opposite party to the transaction). Rule 206(3)-2, applies to all 
registered investment advisers. In relying on the rule, investment 
advisers must provide certain disclosures to their clients. Advisory 
clients can use the disclosures to monitor agency cross transactions 
that affect their advisory account. The Commission also uses the 
information required by Rule 206(3)-2, in connection with its 
investment adviser inspection program to ensure that advisers are in 
compliance with the rule. Without the information collected under the 
rule, advisory clients would not have information necessary for 
monitoring their adviser's handling of their accounts and the 
Commission would be less efficient and effective in its inspection 
program.
    The information requirements of the rule consist of the following: 
(1) Prior to obtaining the client's consent, appropriate disclosure 
must be made to the client as to the practice of, and the conflicts of 
interest involved in, agency cross transactions; (2) at or before the 
completion of any such transaction, the client must be furnished with a 
written confirmation containing specified information and offering to 
furnish upon request certain additional information; and (3) at least 
annually, the client must be furnished with a written statement or 
summary as to the total number of transactions during the period 
covered by the consent and the total amount of commissions received by 
the adviser or its affiliated broker-dealer attributable to such 
transactions.
    The Commission estimates that approximately 426 respondents use the 
rule annually, necessitating about 50 responses per respondent each 
year, for a total of 21,300 responses. Each response requires an 
estimated 0.5 hours, for a total of 10,650 hours. The estimated average 
burden hours are made solely for the purposes of the Paperwork 
Reduction Act and are not derived from a comprehensive or 
representative survey or study of the cost of Commission rules and 
forms.
    This collection of information is found at (17 CFR 275.206(3)-2) 
and is necessary in order for the investment adviser to obtain the 
benefits of Rule 206(3)-2, The collection of information requirements 
under the rule is mandatory. Information subject to the disclosure 
requirements of Rule 206(3)-2 does not require submission to the 
Commission; and, accordingly, the disclosure pursuant to the rule is 
not kept confidential.
    Commission-registered investment advisers are required to maintain 
and preserve certain information required under Rule 206(3)-2 for five 
(5) years. The long-term retention of these records

[[Page 17690]]

is necessary for the Commission's inspection program to ascertain 
compliance with the Advisers Act.
    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 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: April 18, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-08403 Filed 4-20-18; 8:45 am]
 BILLING CODE 8011-01-P

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