Proposed Collection; Comment Request, 67408 [2018-28316]
Download as PDF
67408
Federal Register / Vol. 83, No. 248 / Friday, December 28, 2018 / Notices
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;
the Commission does not edit personal
identifying information from
submissions. 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 Number SR–NYSENAT–2018–26
and should be submitted on or before
January 18, 2019.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.17
Brent J. Fields,
Secretary.
[FR Doc. 2018–28192 Filed 12–27–18; 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
amozie on DSK3GDR082PROD with NOTICES1
Extension:
Rules 6a–1 and 6a–2, Form 1, SEC File No.
270–0017, OMB Control No. 3235–0017
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 6a–1 (17 CFR
240.6a–1), Rule 6a–2 (17 CFR 240.6a–2),
and Form 1 (17 CFR 249.1) under the
Securities Exchange Act of 1934
(‘‘Exchange Act’’) (15 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.
The Exchange Act sets forth a
regulatory scheme for national securities
exchanges. Rule 6a–1 under the
17 17
CFR 200.30–3(a)(12).
VerDate Sep<11>2014
18:13 Dec 27, 2018
Jkt 247001
Exchange Act generally requires an
applicant for initial registration as a
national securities exchange to file an
application with the Commission on
Form 1. An exchange that seeks an
exemption from registration based on
limited trading volume also must apply
for such exemption on Form 1. Rule 6a–
2 under the Exchange Act requires
registered and exempt exchanges: (1) To
amend the Form 1 if there are any
material changes to the information
provided in the initial Form 1; and (2)
to submit periodic updates of certain
information provided in the initial Form
1, whether such information has
changed or not. The information
required pursuant to Rules 6a–1 and 6a–
2 is necessary to enable the Commission
to maintain accurate files regarding the
exchange and to exercise its statutory
oversight functions. Without the
information submitted pursuant to Rule
6a–1 on Form 1, the Commission would
not be able to determine whether the
respondent has met the criteria for
registration (or an exemption from
registration) set forth in Section 6 of the
Exchange Act. The amendments and
periodic updates of information
submitted pursuant to Rule 6a–2 are
necessary to assist the Commission in
determining whether a national
securities exchange or exempt exchange
is continuing to operate in compliance
with the Exchange Act.
Initial filings on Form 1 by
prospective exchanges are made on a
one-time basis. The Commission
estimates that it will receive
approximately one initial Form 1 filing
per year and that each respondent
would incur an average burden of 880
hours to file an initial Form 1 at an
average internal compliance cost per
response of approximately $335,984.
Therefore, the Commission estimates
that the annual burden for all
respondents to file the initial Form 1
would be 880 hours (one response/
respondent × one respondent × 880
hours/response) and an internal
compliance cost of $335,984 (one
response/respondent × one respondent x
$335,984/response).
There currently are 21 entities
registered as national securities
exchanges. The Commission estimates
that each registered or exempt exchange
files nine amendments or periodic
updates to Form 1 per year, incurring an
average burden of 25 hours to comply
with Rule 6a–2. The SEC estimates that
the average internal compliance cost for
a national securities exchange per
response would be approximately
$8,365. The Commission estimates that
the annual burden for all respondents to
file amendments and periodic updates
PO 00000
Frm 00198
Fmt 4703
Sfmt 4703
to the Form 1 pursuant to Rule 6a–2 is
4,725 hours (21 respondents × 25 hours/
response × 9 responses/respondent per
year) and an internal compliance cost of
$1,580,985 (21 respondents × $8,365/
response × 9 responses/respondent per
year).
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: Charles Riddle, Acting Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Candace
Kenner, 100 F Street NE, Washington,
DC 20549, or send an email to: PRA_
Mailbox@sec.gov.
Dated: December 21, 2018.
Brent J. Fields,
Secretary.
[FR Doc. 2018–28316 Filed 12–27–18; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–84901; File No. SR–FINRA–
2018–042]
Self-Regulatory Organizations;
Financial Industry Regulatory
Authority, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Amend FINRA Rules
7610A and 7620A To Modify Certain
Fees and Credits Applicable to FINRA/
Nasdaq TRF Retail Participants
December 20, 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 December
1 15
2 17
E:\FR\FM\28DEN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
28DEN1
Agencies
[Federal Register Volume 83, Number 248 (Friday, December 28, 2018)]
[Notices]
[Page 67408]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-28316]
-----------------------------------------------------------------------
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:
Rules 6a-1 and 6a-2, Form 1, SEC File No. 270-0017, OMB Control
No. 3235-0017
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 6a-1 (17 CFR 240.6a-1),
Rule 6a-2 (17 CFR 240.6a-2), and Form 1 (17 CFR 249.1) under the
Securities Exchange Act of 1934 (``Exchange Act'') (15 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.
The Exchange Act sets forth a regulatory scheme for national
securities exchanges. Rule 6a-1 under the Exchange Act generally
requires an applicant for initial registration as a national securities
exchange to file an application with the Commission on Form 1. An
exchange that seeks an exemption from registration based on limited
trading volume also must apply for such exemption on Form 1. Rule 6a-2
under the Exchange Act requires registered and exempt exchanges: (1) To
amend the Form 1 if there are any material changes to the information
provided in the initial Form 1; and (2) to submit periodic updates of
certain information provided in the initial Form 1, whether such
information has changed or not. The information required pursuant to
Rules 6a-1 and 6a-2 is necessary to enable the Commission to maintain
accurate files regarding the exchange and to exercise its statutory
oversight functions. Without the information submitted pursuant to Rule
6a-1 on Form 1, the Commission would not be able to determine whether
the respondent has met the criteria for registration (or an exemption
from registration) set forth in Section 6 of the Exchange Act. The
amendments and periodic updates of information submitted pursuant to
Rule 6a-2 are necessary to assist the Commission in determining whether
a national securities exchange or exempt exchange is continuing to
operate in compliance with the Exchange Act.
Initial filings on Form 1 by prospective exchanges are made on a
one-time basis. The Commission estimates that it will receive
approximately one initial Form 1 filing per year and that each
respondent would incur an average burden of 880 hours to file an
initial Form 1 at an average internal compliance cost per response of
approximately $335,984. Therefore, the Commission estimates that the
annual burden for all respondents to file the initial Form 1 would be
880 hours (one response/respondent x one respondent x 880 hours/
response) and an internal compliance cost of $335,984 (one response/
respondent x one respondent x $335,984/response).
There currently are 21 entities registered as national securities
exchanges. The Commission estimates that each registered or exempt
exchange files nine amendments or periodic updates to Form 1 per year,
incurring an average burden of 25 hours to comply with Rule 6a-2. The
SEC estimates that the average internal compliance cost for a national
securities exchange per response would be approximately $8,365. The
Commission estimates that the annual burden for all respondents to file
amendments and periodic updates to the Form 1 pursuant to Rule 6a-2 is
4,725 hours (21 respondents x 25 hours/response x 9 responses/
respondent per year) and an internal compliance cost of $1,580,985 (21
respondents x $8,365/response x 9 responses/respondent per year).
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: Charles Riddle, Acting
Director/Chief Information Officer, Securities and Exchange Commission,
c/o Candace Kenner, 100 F Street NE, Washington, DC 20549, or send an
email to: PRA_Mailbox@sec.gov.
Dated: December 21, 2018.
Brent J. Fields,
Secretary.
[FR Doc. 2018-28316 Filed 12-27-18; 8:45 am]
BILLING CODE 8011-01-P