Self-Regulatory Organizations; NYSE Arca Inc.; Notice of Withdrawal of Proposed Rule Change To Amend the NYSE Arca Options Fee Schedule To Modify the Options Regulatory Fee, 51697 [2019-21105]
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Federal Register / Vol. 84, No. 189 / Monday, September 30, 2019 / Notices
Law 94–409, that the Securities and
Exchange Commission staff will hold a
public roundtable on Thursday, October
3, 2019 at 9:30 a.m.
PLACE: The roundtable will be held in
Multi-Purpose Room LL–006 at the
Commission’s headquarters, 100 F
Street NE, Washington, DC.
STATUS: The meeting will begin at 9:30
a.m. and will be open to the public.
Seating will be on a first-come, firstserved basis. Doors will open at 9:00
a.m. Visitors will be subject to security
checks. The meeting will be webcast on
the Commission’s website at
www.sec.gov.
MATTERS TO BE CONSIDERED: The
Commission staff will host a roundtable
on combating elder investor fraud. The
roundtable is open to the public and the
public is invited to submit written
comments. This Sunshine Act notice is
being issued because a majority of the
Commission may attend the roundtable.
The agenda for the roundtable will
focus on the types of fraudulent and
manipulative schemes currently
targeting elder investors. The roundtable
will explore views from a broad range
of regulators and industry experts on
potential steps regulators, brokerdealers, investment advisers, and others
can take to identify and combat elder
investor fraud.
CONTACT PERSON FOR MORE INFORMATION:
For further information, please contact
Vanessa A. Countryman from the Office
of the Secretary at (202) 551–5400.
Dated: September 26, 2019.
Vanessa A. Countryman,
Secretary.
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–87091; File No. SR–
NYSEArca–2019–49]
Self-Regulatory Organizations; NYSE
Arca Inc.; Notice of Withdrawal of
Proposed Rule Change To Amend the
NYSE Arca Options Fee Schedule To
Modify the Options Regulatory Fee
khammond on DSKJM1Z7X2PROD with NOTICES
September 24, 2019.
On July 2, 2019, NYSE Arca, Inc.
(‘‘Exchange’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’), pursuant to Section
19(b)(1) of the Securities Exchange Act
of 1934 (‘‘Act’’),1 and Rule 19b–4
thereunder,2 a proposed rule change to
amend the Exchange’s fee schedule to
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
VerDate Sep<11>2014
19:16 Sep 27, 2019
Jkt 247001
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019–21105 Filed 9–27–19; 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.
Extension:
Rule 15Bc3–1 and Form MDSW—
Withdrawal from Registration of
Municipal Securities Dealers, SEC File
No. 270–93, OMB Control No. 3235–
0087.
[FR Doc. 2019–21309 Filed 9–26–19; 4:15 pm]
1 15
modify the amount of its Options
Regulatory Fee. The proposed rule
change was immediately effective upon
filing with the Commission pursuant to
Section 19(b)(3)(A) of the Act.3 The
proposed rule change was published for
comment in the Federal Register on July
22, 2019.4 The Commission received
one comment letter, which criticized the
proposal.5 On September August 30,
2019, pursuant to Section 19(b)(3)(C) of
the Act, the Commission temporarily
suspended the proposed rule change
and instituted proceedings under
Section 19(b)(2)(B) of the Act to
determine whether to approve or
disapprove the proposed rule change.6
On September 16, 2019, the Exchange
withdrew the proposed rule change
(SR–NYSEArca–2019–49).
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 approval of
extension of the previously approved
collection of information provided for in
Rule 15Bc3–1 (17 CFR 240.15Bc3–1)
and Form MSDW (17 CFR 249.1110)
under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.).
3 15
U.S.C. 78s(b)(3)(A).
Securities Exchange Act Release No. 86390
(July 16, 2019), 84 FR 35169.
5 See Letter to Vanessa Countryman, Secretary,
Commission, from Ellen Greene, Managing Director,
Securities Industry and Financial Markets
Association, dated August 27, 2019.
6 See Securities Exchange Act Release No. 86832,
84 FR 46980 (September 6, 2019).
7 17 CFR 200.30–3(a)(12).
51697
Rule 15Bc3–1 provides that a notice
of withdrawal from registration with the
Commission as a bank municipal
securities dealer must be filed on Form
MSDW. The Commission uses the
information contained in Form MSDW
in determining whether it is in the
public interest to permit a bank
municipal securities dealer to withdraw
its registration. This information is also
important to the municipal securities
dealer’s customers and to the public,
because it provides, among other things,
the name and address of a person to
contact regarding any of the municipal
securities dealer’s unfinished business.
Based upon past submissions of one
filing in 2016, two filings in 2017, zero
filings in 2018, and one filing so far in
2019, the staff estimates that, on an
annual basis, approximately one bank
municipal securities dealer will file a
notice of withdrawal from registration
with the Commission as a bank
municipal securities dealer on Form
MSDW. The staff estimates that the
average number of hours necessary to
comply with the notice requirements set
out in Rule 15Bc3–1 and Form MSDW
is 0.5 per respondent, for a total burden
of 0.5 hours per year. The staff estimates
that the average internal compliance
cost per hour is approximately $417.1
Therefore, the estimated total annual
cost of compliance is approximately
$209 per year (0.5 hours/year × $417/
hour = $208.5/year, rounded up to
$209).
Rule 15Bc3–1 does not contain an
explicit recordkeeping requirement, but
the instructions for filing Form MSDW
state that an exact copy should be
retained by the registrant. Providing the
information on the application is
mandatory in order to withdraw from
registration with the Commission as a
bank municipal securities dealer. The
information contained in the notice 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
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
4 See
PO 00000
Frm 00190
Fmt 4703
Sfmt 4703
1 The estimate of $417 per hour is for a
compliance attorney, based on the Securities
Industry and Financial Markets Association’s
Management & Professional Earnings in the
Securities Industry 2013, modified by Commission
staff to account for an 1800-hour work-year and
inflation, and multiplied by 5.35 to account for
bonuses, firm size, employee benefits and overhead.
E:\FR\FM\30SEN1.SGM
30SEN1
]]>Agencies
[Federal Register Volume 84, Number 189 (Monday, September 30, 2019)]
[Notices]
[Page 51697]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-21105]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-87091; File No. SR-NYSEArca-2019-49]
Self-Regulatory Organizations; NYSE Arca Inc.; Notice of
Withdrawal of Proposed Rule Change To Amend the NYSE Arca Options Fee
Schedule To Modify the Options Regulatory Fee
September 24, 2019.
On July 2, 2019, NYSE Arca, Inc. (``Exchange'') filed with the
Securities and Exchange Commission (``Commission''), pursuant to
Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act''),\1\
and Rule 19b-4 thereunder,\2\ a proposed rule change to amend the
Exchange's fee schedule to modify the amount of its Options Regulatory
Fee. The proposed rule change was immediately effective upon filing
with the Commission pursuant to Section 19(b)(3)(A) of the Act.\3\ The
proposed rule change was published for comment in the Federal Register
on July 22, 2019.\4\ The Commission received one comment letter, which
criticized the proposal.\5\ On September August 30, 2019, pursuant to
Section 19(b)(3)(C) of the Act, the Commission temporarily suspended
the proposed rule change and instituted proceedings under Section
19(b)(2)(B) of the Act to determine whether to approve or disapprove
the proposed rule change.\6\
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ 15 U.S.C. 78s(b)(3)(A).
\4\ See Securities Exchange Act Release No. 86390 (July 16,
2019), 84 FR 35169.
\5\ See Letter to Vanessa Countryman, Secretary, Commission,
from Ellen Greene, Managing Director, Securities Industry and
Financial Markets Association, dated August 27, 2019.
\6\ See Securities Exchange Act Release No. 86832, 84 FR 46980
(September 6, 2019).
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On September 16, 2019, the Exchange withdrew the proposed rule
change (SR-NYSEArca-2019-49).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\7\
---------------------------------------------------------------------------
\7\ 17 CFR 200.30-3(a)(12).
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Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019-21105 Filed 9-27-19; 8:45 am]
BILLING CODE 8011-01-P
