Proposed Collection; Comment Request, 10558 [2019-05340]
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10558
Federal Register / Vol. 84, No. 55 / Thursday, March 21, 2019 / Notices
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 DSK9F9SC42PROD with NOTICES
Extension:
Form N–8F, SEC File No. 270–136, OMB
Control No. 3235–0157
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.
Form N–8F (17 CFR 274.218) is the
form prescribed for use by registered
investment companies in certain
circumstances to request orders of the
Commission declaring that the
registration of that investment company
cease to be in effect. The form requests
information about: (i) The investment
company’s identity, (ii) the investment
company’s distributions, (iii) the
investment company’s assets and
liabilities, (iv) the events leading to the
request to deregister, and (v) the
conclusion of the investment company’s
business. The information is needed by
the Commission to determine whether
an order of deregistration is appropriate.
The Form takes approximately 5.2
hours on average to complete. It is
estimated that approximately 135
investment companies file Form N–8F
annually, so the total annual burden for
the form is estimated to be
approximately 702 hours. The estimate
of average burden hours is made solely
for the purposes of the Paperwork
Reduction Act and is not derived from
a comprehensive or even a
representative survey or study.
The collection of information on Form
N–8F is not mandatory. The information
provided on Form N–8F is not 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.
Written comments are requested on:
(i) Whether the collections of
information are necessary for the proper
performance of the functions of the
Commission, including whether the
information has practical utility; (ii) the
accuracy of the Commission’s estimate
VerDate Sep<11>2014
18:27 Mar 20, 2019
Jkt 247001
of the burdens of the collection of
information; (iii) ways to enhance the
quality, utility, and clarity of the
information collected; and (iv) 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 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: March 15, 2019.
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019–05340 Filed 3–20–19; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–85328; File No. SR–CBOE–
2019–014]
Self-Regulatory Organizations; Cboe
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Delete Rules That Are
No Longer Necessary in the Review of
Large Positions in Broad-Based Index
Options
March 15, 2019.
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 4,
2019, Cboe Exchange, Inc. (the
‘‘Exchange’’ or ‘‘Cboe Options’’) 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
Exchange filed the proposal as a ‘‘noncontroversial’’ proposed rule change
pursuant to Section 19(b)(3)(A)(iii) of
the Act 3 and Rule 19b–4(f)(6)
thereunder. 4 The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A)(iii).
4 17 CFR 240.19b–4(f)(6).
2 17
PO 00000
Frm 00083
Fmt 4703
Sfmt 4703
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
Cboe Exchange, Inc. (the ‘‘Exchange’’
or ‘‘Cboe Options’’) proposes to delete
rules that are no longer necessary in the
review of large positions in broad-based
index options. The text of the proposed
rule change is provided in Exhibit 5.
The text of the proposed rule change
is also available on the Exchange’s
website (https://www.cboe.com/
AboutCBOE/CBOELegalRegulatory
Home.aspx), at the Exchange’s Office of
the Secretary, 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 purpose of this rule change is to
delete rules that are no longer necessary
in the review of large positions in broadbased index options. Specifically, the
Exchange proposes to delete
Interpretations and Policies .03
(Reporting Requirement) and .04
(Margin and Clearing Firm
Requirements) to Rule 24.4. Currently,
Interpretation and Policy .03 to Rule
24.4 requires a TPH or TPH organization
that maintains a broad-based index
option position on the same side of the
market in excess of 100,000 contracts for
OEX, XEO, NDX, RUT, VIX, VXN, VXD,
VXST, S&P 500 Dividend Index, SPX,
Cboe S&P 500 a.m./PM Basis, Cboe S&P
500 Three-Month Realized Variance or
Cboe S&P 500 Three-Month Realized
Volatility and 1 million contracts for
BXM (1/10th value) and DJX, for its own
account or for the account of a
customer, to report information to the
Exchange as to whether and how the
positions are hedged. Interpretation and
Policy .04 to Rule 24.4 currently allows
the Exchange to determine whether
additional margin is warranted in light
of the risks associated with under-
E:\FR\FM\21MRN1.SGM
21MRN1
]]>Agencies
[Federal Register Volume 84, Number 55 (Thursday, March 21, 2019)]
[Notices]
[Page 10558]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-05340]
[[Page 10558]]
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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:
Form N-8F, SEC File No. 270-136, OMB Control No. 3235-0157
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.
Form N-8F (17 CFR 274.218) is the form prescribed for use by
registered investment companies in certain circumstances to request
orders of the Commission declaring that the registration of that
investment company cease to be in effect. The form requests information
about: (i) The investment company's identity, (ii) the investment
company's distributions, (iii) the investment company's assets and
liabilities, (iv) the events leading to the request to deregister, and
(v) the conclusion of the investment company's business. The
information is needed by the Commission to determine whether an order
of deregistration is appropriate.
The Form takes approximately 5.2 hours on average to complete. It
is estimated that approximately 135 investment companies file Form N-8F
annually, so the total annual burden for the form is estimated to be
approximately 702 hours. The estimate of average burden hours is made
solely for the purposes of the Paperwork Reduction Act and is not
derived from a comprehensive or even a representative survey or study.
The collection of information on Form N-8F is not mandatory. The
information provided on Form N-8F is not 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.
Written comments are requested on: (i) Whether the collections of
information are necessary for the proper performance of the functions
of the Commission, including whether the information has practical
utility; (ii) the accuracy of the Commission's estimate of the burdens
of the collection of information; (iii) ways to enhance the quality,
utility, and clarity of the information collected; and (iv) 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 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: March 15, 2019.
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-05340 Filed 3-20-19; 8:45 am]
BILLING CODE 8011-01-P
