Submission of Information Collection for OMB Review; Comment Request; Disclosure of Termination Information, 7316-7317 [2021-01741]

Download as PDF khammond on DSKJM1Z7X2PROD with NOTICES 7316 Federal Register / Vol. 86, No. 16 / Wednesday, January 27, 2021 / Notices A person filing electronically using the NRC’s adjudicatory E-Filing system may seek assistance by contacting the NRC’s Electronic Filing Help Desk through the ‘‘Contact Us’’ link located on the NRC’s public website at https:// www.nrc.gov/site-help/esubmittals.html, by email to MSHD.Resource@nrc.gov, or by a tollfree call at 1–866–672–7640. The NRC Electronic Filing Help Desk is available between 9 a.m. and 6 p.m., Eastern Time, Monday through Friday, excluding government holidays. Participants who believe that they have a good cause for not submitting documents electronically must file an exemption request, in accordance with 10 CFR 2.302(g), with their initial paper filing stating why there is good cause for not filing electronically and requesting authorization to continue to submit documents in paper format. Such filings must be submitted by: (1) First class mail addressed to the Office of the Secretary of the Commission, U.S. Nuclear Regulatory Commission, Washington, DC 20555–0001, Attention: Rulemaking and Adjudications Staff; or (2) courier, express mail, or expedited delivery service to the Office of the Secretary, 11555 Rockville Pike, Rockville, Maryland 20852, Attention: Rulemaking and Adjudications Staff. Participants filing adjudicatory documents in this manner are responsible for serving the document on all other participants. Filing is considered complete by first-class mail as of the time of deposit in the mail, or by courier, express mail, or expedited delivery service upon depositing the document with the provider of the service. A presiding officer, having granted an exemption request from using E-Filing, may require a participant or party to use E-Filing if the presiding officer subsequently determines that the reason for granting the exemption from use of E-Filing no longer exists. Documents submitted in adjudicatory proceedings will appear in the NRC’s electronic hearing docket which is available to the public at https:// adams.nrc.gov/ehd, unless excluded pursuant to an order of the Commission or the presiding officer. If you do not have an NRC-issued digital ID certificate as described above, click ‘‘cancel’’ when the link requests certificates and you will be automatically directed to the NRC’s electronic hearing dockets where you will be able to access any publicly available documents in a particular hearing docket. Participants are requested not to include personal privacy information, such as social security numbers, home addresses, or personal phone numbers in their filings, VerDate Sep<11>2014 17:04 Jan 26, 2021 Jkt 253001 unless an NRC regulation or other law requires submission of such information. For example, in some instances, individuals provide home addresses in order to demonstrate proximity to a facility or site. With respect to copyrighted works, except for limited excerpts that serve the purpose of the adjudicatory filings and would constitute a Fair Use application, participants are requested not to include copyrighted materials in their submission. The attorney for the permit holder is Sherry A. Quirk, Executive Vice President and General Counsel, Tennessee Valley Authority, 400 West Summit Hill Drive, Knoxville, TN 37902. V It is hereby ordered that the latest dates for the completion of construction for CP Nos. CPPR–122 and CPPR–123 are extended to October 1, 2021. Dated at Rockville, Maryland, this 22 day of January 2021. For the Nuclear Regulatory Commission. /RA/ Robert M. Taylor, Deputy Director, Office of Nuclear Reactor Regulation. [FR Doc. 2021–01754 Filed 1–26–21; 8:45 am] BILLING CODE 7590–01–P PENSION BENEFIT GUARANTY CORPORATION Submission of Information Collection for OMB Review; Comment Request; Disclosure of Termination Information Pension Benefit Guaranty Corporation. ACTION: Notice of request for extension of OMB approval. AGENCY: Pension Benefit Guaranty Corporation (‘‘PBGC’’) is requesting that the Office of Management and Budget (‘‘OMB’’) extend approval, under the Paperwork Reduction Act, of a collection of information on the disclosure of termination information under its regulations for distress terminations and for PBGC-initiated terminations. This notice informs the public of PBGC’s intent and solicits public comment on the collection of information. SUMMARY: Comments must be submitted on or before February 26, 2021. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to https://www.reginfo.gov/ DATES: PO 00000 Frm 00074 Fmt 4703 Sfmt 4703 public/do/PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. A copy of the request will be posted on PBGC’s website at https:// www.pbgc.gov/prac/laws-andregulation/federal-register-notices-openfor-comment. It may also be obtained by writing to Disclosure Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005–4026, or calling 202–326–4040 during normal business hours. TTY users may call the Federal Relay Service toll-free at 800– 877–8339 and ask to be connected to 202–326–4040. FOR FURTHER INFORMATION CONTACT: Melissa Rifkin (rifkin.melissa@ pbgc.gov), Attorney, Regulatory Affairs Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005–4026; 202–229–6563. (TTY users may call the Federal Relay Service tollfree at 800–877–8339 and ask to be connected to 202–229–6563.) SUPPLEMENTARY INFORMATION: Sections 4041 and 4042 of the Employee Retirement Income Security Act of 1974, as amended (‘‘ERISA’’), 29 U.S.C. 1301– 1461, govern the termination of singleemployer defined benefit pension plans that are subject to Title IV of ERISA. A plan administrator may initiate a distress termination pursuant to section 4041(c), and PBGC may itself initiate proceedings to terminate a pension plan under section 4042 if PBGC determines that certain conditions are present. Section 506 of the Pension Protection Act of 2006 amended sections 4041 and 4042 of ERISA. These amendments require that, upon a request by an affected party, a plan administrator must disclose information it has submitted to PBGC in connection with a distress termination filing, and that a plan administrator or plan sponsor must disclose information it has submitted to PBGC in connection with a PBGCinitiated termination. The provisions also require PBGC to disclose the administrative record relating to a PBGC-initiated termination upon request by an affected party. The collection of information has been approved by OMB under control number 1212–0065 (expires March 31, 2021). On November 16, 2020, PBGC published in the Federal Register (at 85 FR 73090) a notice informing the public of its intent to request an extension of this collection of information without modification. PBGC did not receive any comments in response. PBGC is E:\FR\FM\27JAN1.SGM 27JAN1 Federal Register / Vol. 86, No. 16 / Wednesday, January 27, 2021 / Notices requesting that OMB extend its approval for another three years. 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. PBGC estimates that approximately 70 plans will terminate as distress or PBGC-initiated terminations each year. PBGC further estimates that two participants or other affected parties of every nine distress terminations or PBGC-initiated terminations filed will annually make requests for termination information, or 2⁄9 of 70 (approximately 16 plans per year). PBGC estimates that the hour burden for each request will be about 20 hours. The total annual hour burden is estimated to be 320 hours (16 plans × 20 hours). PBGC expects that the staff of plan administrators and sponsors will perform the work inhouse and that no work will be contracted to third parties. Therefore, the annual cost burden is estimated to be $0. Issued in Washington, DC. Hilary Duke, Assistant General Counsel for Regulatory Affairs, Pension Benefit Guaranty Corporation. [FR Doc. 2021–01741 Filed 1–26–21; 8:45 am] BILLING CODE 7709–02–P For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.6 J. Matthew DeLesDernier, Assistant Secretary. SECURITIES AND EXCHANGE COMMISSION [Release No. 34–90962; File No. SR– PEARL–2020–30] khammond on DSKJM1Z7X2PROD with NOTICES has received no comments on the proposal. Section 19(b)(2) of the Act 4 provides that within 45 days of the publication of notice of the filing of a proposed rule change, or within such longer period up to 90 days as the Commission may designate if it finds such longer period to be appropriate and publishes its reasons for so finding, or as to which the self-regulatory organization consents, the Commission shall either approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether the proposed rule change should be disapproved. The 45th day after publication of the notice for this proposed rule change is January 23, 2021. The Commission is extending this 45-day time period. The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change. Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act,5 designates March 9, 2021, as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change (File No. SR–PEARL–2020–30). [FR Doc. 2021–01730 Filed 1–26–21; 8:45 am] Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend the Exchange’s By-Laws in Connection With an Equity Rights Program BILLING CODE 8011–01–P January 21, 2021. Self-Regulatory Organizations; The Options Clearing Corporation; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Revisions to Part 39 of the Commodity Futures Trading Commission Regulations On November 24, 2020, MIAX PEARL, LLC (‘‘MIAX PEARL’’ or ‘‘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 Amended and Restated ByLaws of MIAX PEARL to correspond with an Equity Rights Program recently established by the Exchange. The proposed rule change was published for comment in the Federal Register on December 9, 2020.3 The Commission SECURITIES AND EXCHANGE COMMISSION [Release No. 34–90960; File No. SR–OCC– 2021–002] January 21, 2021. 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 January 13, 2021, The Options Clearing Corporation (‘‘OCC’’) filed with the 4 15 1 15 U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 3 See Securities Exchange Act Release No. 90563 (December 3, 2020), 85 FR 79252. VerDate Sep<11>2014 17:04 Jan 26, 2021 Jkt 253001 U.S.C. 78s(b)(2). 5 Id. 6 17 CFR 200.30–3(a)(31). U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 1 15 PO 00000 Frm 00075 Fmt 4703 Sfmt 4703 7317 Securities and Exchange Commission (‘‘SEC’’ or ‘‘Commission’’) the proposed rule change as described in Items I, II, and III below, which Items have been prepared primarily by OCC. OCC filed the proposed rule change pursuant to Section 19(b)(3)(A)(ii) 3 of the Act and Rule 19b–4(f)(6) 4 thereunder so that the proposal was effective upon filing with the Commission. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. I. Clearing Agency’s Statement of the Terms of Substance of the Proposed Rule Change The proposed rule change by OCC would amend Interpretation and Policy (‘‘I&P’’) .01 to OCC Rule 602 (CustomerLevel Margin Requirement), add I&P .02 to OCC Rule 602 (Customer-Level Margin Requirement) and add I&P .01 to OCC Rule 1103 (Notice of Suspension to Clearing Members) to achieve compliance with recent amendments to Part 39 of the Commodity Futures Trading Commission (‘‘CFTC’’) 5 regulations and facilitate no-action relief issued by CFTC staff.6 The proposed changes to OCC Rules are included in Exhibit 5 of File No. SR–OCC–2021– 002. Material proposed to be added to OCC’s Rules as currently in effect is underlined and material proposed to be deleted is marked in strikethrough text. All capitalized terms not defined herein have the same meaning as set forth in the OCC By-Laws and Rules.7 II. Clearing Agency’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, OCC 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. OCC has prepared summaries, set forth in sections (A), (B), and (C) below, of the most significant aspects of these statements. 3 15 U.S.C. 78s(b)(3)(A)(ii). CFR 240.19b–4(f)(6). 5 Derivatives Clearing Organizations General Provisions and Core Principles, 85 FR 4800 (January 27, 2020). 6 CFTC Letter No. 19–17, Comm. Fut. L. Rep. ¶ 34,523 (July 10, 2019). See also CFTC Letter No. 20–28, Comm. Fut. L. Rep. ¶ 34,798 (September 15, 2020). 7 OCC’s By-Laws and Rules can be found on OCC’s public website: https://www.theocc.com/ Company-Information/Documents-and-Archives/ By-Laws-and-Rules. 4 17 E:\FR\FM\27JAN1.SGM 27JAN1

Agencies

Pension Benefit Guaranty Corporation

[Federal Register Volume 86, Number 16 (Wednesday, January 27, 2021)]
[Notices]
[Pages 7316-7317]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-01741]


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PENSION BENEFIT GUARANTY CORPORATION


Submission of Information Collection for OMB Review; Comment 
Request; Disclosure of Termination Information

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of request for extension of OMB approval.

-----------------------------------------------------------------------

SUMMARY: Pension Benefit Guaranty Corporation (``PBGC'') is requesting 
that the Office of Management and Budget (``OMB'') extend approval, 
under the Paperwork Reduction Act, of a collection of information on 
the disclosure of termination information under its regulations for 
distress terminations and for PBGC-initiated terminations. This notice 
informs the public of PBGC's intent and solicits public comment on the 
collection of information.

DATES: Comments must be submitted on or before February 26, 2021.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to https://www.reginfo.gov/public/do/PRAMain. Find this 
particular information collection by selecting ``Currently under 30-day 
Review--Open for Public Comments'' or by using the search function.
    A copy of the request will be posted on PBGC's website at https://www.pbgc.gov/prac/laws-and-regulation/federal-register-notices-open-for-comment. It may also be obtained by writing to Disclosure Division, 
Office of the General Counsel, Pension Benefit Guaranty Corporation, 
1200 K Street NW, Washington, DC 20005-4026, or calling 202-326-4040 
during normal business hours. TTY users may call the Federal Relay 
Service toll-free at 800-877-8339 and ask to be connected to 202-326-
4040.

FOR FURTHER INFORMATION CONTACT: Melissa Rifkin 
([email protected]), Attorney, Regulatory Affairs Division, 
Office of the General Counsel, Pension Benefit Guaranty Corporation, 
1200 K Street NW, Washington, DC 20005-4026; 202-229-6563. (TTY users 
may call the Federal Relay Service toll-free at 800-877-8339 and ask to 
be connected to 202-229-6563.)

SUPPLEMENTARY INFORMATION: Sections 4041 and 4042 of the Employee 
Retirement Income Security Act of 1974, as amended (``ERISA''), 29 
U.S.C. 1301-1461, govern the termination of single-employer defined 
benefit pension plans that are subject to Title IV of ERISA. A plan 
administrator may initiate a distress termination pursuant to section 
4041(c), and PBGC may itself initiate proceedings to terminate a 
pension plan under section 4042 if PBGC determines that certain 
conditions are present. Section 506 of the Pension Protection Act of 
2006 amended sections 4041 and 4042 of ERISA. These amendments require 
that, upon a request by an affected party, a plan administrator must 
disclose information it has submitted to PBGC in connection with a 
distress termination filing, and that a plan administrator or plan 
sponsor must disclose information it has submitted to PBGC in 
connection with a PBGC-initiated termination. The provisions also 
require PBGC to disclose the administrative record relating to a PBGC-
initiated termination upon request by an affected party.
    The collection of information has been approved by OMB under 
control number 1212-0065 (expires March 31, 2021). On November 16, 
2020, PBGC published in the Federal Register (at 85 FR 73090) a notice 
informing the public of its intent to request an extension of this 
collection of information without modification. PBGC did not receive 
any comments in response. PBGC is

[[Page 7317]]

requesting that OMB extend its approval for another three years. 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.
    PBGC estimates that approximately 70 plans will terminate as 
distress or PBGC-initiated terminations each year. PBGC further 
estimates that two participants or other affected parties of every nine 
distress terminations or PBGC-initiated terminations filed will 
annually make requests for termination information, or \2/9\ of 70 
(approximately 16 plans per year). PBGC estimates that the hour burden 
for each request will be about 20 hours. The total annual hour burden 
is estimated to be 320 hours (16 plans x 20 hours). PBGC expects that 
the staff of plan administrators and sponsors will perform the work in-
house and that no work will be contracted to third parties. Therefore, 
the annual cost burden is estimated to be $0.

    Issued in Washington, DC.
Hilary Duke,
Assistant General Counsel for Regulatory Affairs, Pension Benefit 
Guaranty Corporation.
[FR Doc. 2021-01741 Filed 1-26-21; 8:45 am]
BILLING CODE 7709-02-P

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