Submission for OMB Review; Comment Request, 24194 [2019-10844]
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Federal Register / Vol. 84, No. 101 / Friday, May 24, 2019 / Notices
estimates that the burden associated
with obtaining opinions of counsel from
affiliate cleared credit default swap
customers under paragraph IV(b)(2)(iii)
of the Order will impose an initial, onetime burden of 22 hours per respondent
(11 affiliate customers times 2 hours per
customer) and an aggregate burden for
all 35 respondents of 770 hours (22 ×
35). This burden is a third-party
disclosure burden.
(d) The Commission estimates that the
burden associated with seeking the
Commission’s approval of margin
methodologies under paragraph IV(b)(3)
of the Order will impose an initial, onetime burden of 1,000 hours per
respondent and an aggregate burden for
all 35 respondents of 35,000 hours
(1,000 × 35) . This burden is a reporting
burden.
(e) The Commission estimates that the
burden associated with disclosing
information to customers under
paragraph IV(b)(6) of the Order will
impose an initial, one-time burden of 8
hours per respondent and an aggregate
burden for all 35 respondents of 280
hours (8 × 35). This burden is a thirdparty disclosure burden.
The total aggregate one-time burden
for all 35 respondents is thus 67,550
hours (32,550 third party disclosure +
35,000 reporting). Amortized over three
years, the aggregate burden per year is
approximately 22,517 hours.
The Commission estimates that each
respondent will incur a one-time cost of
$8,000 in outside legal counsel expenses
in connection with obtaining opinions
of counsel from affiliate cleared credit
default swap customers under
paragraph IV(b)(2)(iii) of the Order,
calculated as follows: (20 hours to
obtain opinions of counsel from affiliate
cleared credit default swap customers
under paragraph IV(b)(2)(iii) of the
Order) × ($400 per hour for outside legal
counsel) = $8,000. The one-time
aggregate burden for all 35 respondents
is thus $280,000 (8,000 × 35), or
approximately $93,333 per year when
amortized over three years.
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.
The public may view 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:
VerDate Sep<11>2014
18:10 May 23, 2019
Jkt 247001
Lindsay.M.Abate@omb.eop.gov; and (ii)
Charles Riddle, Acting Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Candace
Kenner, 100 F Street NE, Washington,
DC 20549, or by sending an email to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
Dated: May 20, 2019.
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019–10842 Filed 5–23–19; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–0015, OMB Control No.
3235–0021]
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 6a–3
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’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for extension of the
previously approved collection of
information provided for in Rule 6a–3
(17 CFR 240.6a–3) under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.) (‘‘Act’’).
Section 6 of the Act sets out a
framework for the registration and
regulation of national securities
exchanges. Under Rule 6a–3, one of the
rules that implements Section 6, a
national securities exchange (or an
exchange exempted from registration
based on limited trading volume) must
provide certain supplemental
information to the Commission,
including any material (including
notices, circulars, bulletins, lists, and
periodicals) issued or made generally
available to members of, or participants
or subscribers to, the exchange. Rule 6a–
3 also requires the exchanges to file
monthly reports that set forth the
volume and aggregate dollar amount of
certain securities sold on the exchange
each month. The information required
to be filed with the Commission
pursuant to Rule 6a–3 is designed to
enable the Commission to carry out its
statutorily mandated oversight functions
and to ensure that registered and
PO 00000
Frm 00120
Fmt 4703
Sfmt 4703
exempt exchanges continue to be in
compliance with the Act.
The Commission estimates that each
respondent makes approximately 12
such filings on an annual basis. Each
response takes approximately 0.5 hours.
In addition, respondents incur shipping
costs of approximately $20 per
submission. Currently, 21 respondents
(21 national securities exchanges) are
subject to the collection of information
requirements of Rule 6a–3. The
Commission estimates that the total
burden for all respondents is 126 hours
and $5040 per year.
Compliance with Rule 6a–3 is
mandatory for registered and exempt
exchanges. Information received in
response to Rule 6a–3 shall not be kept
confidential; the information collected
is public information. As set forth in
Rule 17a–1 (17 CFR 240.17a–1) under
the Act, a national securities exchange
is required to retain records of the
collection of information for at least five
years.
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.
The public may view 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:
Lindsay.M.Abate@omb.eop.gov; and (ii)
Charles Riddle, Acting Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Candace
Kenner,100 F Street NE, Washington,
DC 20549, or by sending an email to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
Dated: May 20, 2019.
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019–10844 Filed 5–23–19; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–136, OMB Control No.
3235–0157]
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: Securities and Exchange
E:\FR\FM\24MYN1.SGM
24MYN1
]]>Agencies
[Federal Register Volume 84, Number 101 (Friday, May 24, 2019)]
[Notices]
[Page 24194]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-10844]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-0015, OMB Control No. 3235-0021]
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 6a-3
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'') has submitted to the Office of Management
and Budget (``OMB'') a request for extension of the previously approved
collection of information provided for in Rule 6a-3 (17 CFR 240.6a-3)
under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.)
(``Act'').
Section 6 of the Act sets out a framework for the registration and
regulation of national securities exchanges. Under Rule 6a-3, one of
the rules that implements Section 6, a national securities exchange (or
an exchange exempted from registration based on limited trading volume)
must provide certain supplemental information to the Commission,
including any material (including notices, circulars, bulletins, lists,
and periodicals) issued or made generally available to members of, or
participants or subscribers to, the exchange. Rule 6a-3 also requires
the exchanges to file monthly reports that set forth the volume and
aggregate dollar amount of certain securities sold on the exchange each
month. The information required to be filed with the Commission
pursuant to Rule 6a-3 is designed to enable the Commission to carry out
its statutorily mandated oversight functions and to ensure that
registered and exempt exchanges continue to be in compliance with the
Act.
The Commission estimates that each respondent makes approximately
12 such filings on an annual basis. Each response takes approximately
0.5 hours. In addition, respondents incur shipping costs of
approximately $20 per submission. Currently, 21 respondents (21
national securities exchanges) are subject to the collection of
information requirements of Rule 6a-3. The Commission estimates that
the total burden for all respondents is 126 hours and $5040 per year.
Compliance with Rule 6a-3 is mandatory for registered and exempt
exchanges. Information received in response to Rule 6a-3 shall not be
kept confidential; the information collected is public information. As
set forth in Rule 17a-1 (17 CFR 240.17a-1) under the Act, a national
securities exchange is required to retain records of the collection of
information for at least five years.
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.
The public may view 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) Charles Riddle, Acting Director/
Chief Information Officer, Securities and Exchange Commission, c/o
Candace Kenner,100 F Street NE, Washington, DC 20549, or by sending an
email to: [email protected]. Comments must be submitted to OMB within
30 days of this notice.
Dated: May 20, 2019.
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-10844 Filed 5-23-19; 8:45 am]
BILLING CODE 8011-01-P
