Proposed Collection; Comment Request, 53120-53121 [2021-20652]
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53120
Federal Register / Vol. 86, No. 183 / Friday, September 24, 2021 / Notices
Representative: Kenneth R. Moeller;
Comments Due: September 28, 2021.
This Notice will be published in the
Federal Register.
Erica A. Barker,
Secretary.
[FR Doc. 2021–20766 Filed 9–23–21; 8:45 am]
BILLING CODE 7710–FW–P
RAILROAD RETIREMENT BOARD
Proposed Collection; Comment
Request
In accordance with the requirement of
Section 3506 (c)(2)(A) of the Paperwork
Reduction Act of 1995 which provides
opportunity for public comment on new
or revised data collections, the Railroad
Retirement Board (RRB) will publish
periodic summaries of proposed data
collections.
Comments are invited on: (a) Whether
the proposed information collection is
necessary for the proper performance of
the functions of the agency, including
whether the information has practical
utility; (b) the accuracy of the RRB’s
estimate of the burden of the collection
of the information; (c) ways to enhance
the quality, utility, and clarity of the
information to be collected; and (d)
ways to minimize the burden related to
the collection of information on
respondents, including the use of
automated collection techniques or
other forms of information technology.
1. Title and purpose of information
collection: Employee’s Certification;
OMB 3220–0140. Section 2 of the
Railroad Retirement Act (RRA) (45
U.S.C. 231a), provides for the payment
of an annuity to the spouse or divorced
spouse of a retired railroad employee.
For the spouse or divorced spouse to
qualify for an annuity, the RRB must
determine if any of the employee’s
current marriage to the applicant is
valid.
The requirements for obtaining
documentary evidence to determine
valid marital relationships are
prescribed in 20 CFR 219.30 through
219.35. Section 2(e) of the RRA requires
that an employee must relinquish all
rights to any railroad employer service
before a spouse annuity can be paid.
The RRB uses Form G–346,
Employee’s Certification, to obtain the
information needed to determine
whether the employee’s current
marriage is valid. Form G–346 is
completed by the retired employee who
is the husband or wife of the applicant
for a spouse annuity. Completion is
required to obtain a benefit. One
response is requested of each
respondent. The RRB proposes no
changes to Form G–346.
Consistent with 20 CFR 217.17, the
RRB uses Form G–346sum, Employee’s
Certification Summary, which mirrors
the information collected on Form G–
346, when an employee, after being
interviewed by an RRB field office
representative ‘‘signs’’ the form using an
alternative signature method known as
‘‘attestation.’’ Attestation refers to the
action taken by the RRB field office
representative to confirm and annotate
the RRB’s records of the applicant’s
affirmation under penalty of perjury that
the information provided is correct and
the applicant’s agreement to sign the
form by proxy. Completion is required
to obtain a benefit. One response is
requested of each respondent. The RRB
proposes no changes to Form G–
346sum.
ESTIMATE OF ANNUAL RESPONDENT BURDEN
Annual
responses
Form No.
Time
(minutes)
Burden
(hours)
G–346 ..........................................................................................................................................
G–346sum ...................................................................................................................................
3,300
2,260
5
5
300
188
Total ......................................................................................................................................
5,560
........................
488
2. Title and purpose of information
collection: Railroad Separation
Allowance or Severance Pay Report;
OMB 3220–0173.
Section 6 of the Railroad Retirement
Act (45 U.S.C. 231e) provides for a
lump-sum payment to an employee or
the employee’s survivors equal to the
Tier II taxes paid by the employee on a
separation allowance or severance
payment for which the employee did
not receive credits toward retirement.
The lump-sum is not payable until
retirement benefits begin to accrue or
the employee dies. Also, Section 4 (a–
1) (iii) of the Railroad Unemployment
Insurance Act provides that a railroad
employee who is paid a separation
allowance is disqualified for
unemployment and sickness benefits for
the period of time the employee would
have to work to earn the amount of the
allowance. The reporting requirements
are specified in 20 CFR 209.14.
In order to calculate and provide
payments, the Railroad Retirement
Board (RRB) must collect and maintain
records of separation allowances and
severance payments which were subject
to Tier II taxation from railroad
employers. The RRB uses Form BA–9,
Report of Separation Allowance or
Severance Pay, to obtain information
from railroad employers concerning the
separation allowances and severance
payments made to railroad employees
and/or the survivors of railroad
employees. Employers currently have
the option of submitting their reports on
paper Form BA–9, (or in like format) on
a CD–ROM, or by File Transfer Protocol
(FTP), or Secure Email. Completion is
mandatory. One response is requested of
each respondent. The RRB proposes no
changes to the manual, CD–ROM, secure
email, or FTP Version of Form BA–9.
The RRB proposes the addition of an
internet equivalent version of Form BA–
9 to the information collection.
ESTIMATE OF ANNUAL RESPONDENT BURDEN
Annual
responses
Form No.
BA–9
BA–9
BA–9
BA–9
(Paper) ...............................................................................................................................
(Internet) ............................................................................................................................
(CD–ROM) .........................................................................................................................
(Secure Email) ...................................................................................................................
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100
215
10
25
24SEN1
Time
(minutes)
Burden
(hours)
76
15
76
76
127
54
13
32
53121
Federal Register / Vol. 86, No. 183 / Friday, September 24, 2021 / Notices
ESTIMATE OF ANNUAL RESPONDENT BURDEN—Continued
Annual
responses
Form No.
Time
(minutes)
Burden
(hours)
BA–9 (FTP) ..................................................................................................................................
10
76
13
Total ......................................................................................................................................
360
........................
239
Additional Information or Comments:
To request more information or to
obtain a copy of the information
collection justification, forms, and/or
supporting material, contact Kennisha
Tucker at (312) 469–2591 or
Kennisha.Tucker@rrb.gov. Comments
regarding the information collection
should be addressed to Brian Foster,
Railroad Retirement Board, 844 North
Rush Street, Chicago, Illinois 60611–
1275 or emailed to Brian.Foster@rrb.gov.
Written comments should be received
within 60 days of this notice.
Brian D. Foster,
Clearance Officer.
[FR Doc. 2021–20652 Filed 9–23–21; 8:45 am]
BILLING CODE 7905–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–93069; File No. SR–
NASDAQ–2021–074]
Self-Regulatory Organizations; The
Nasdaq Stock Market LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Amend
Options 3, Section 26, Message Traffic
Mitigation
September 20, 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
September 14, 2021, The Nasdaq Stock
Market LLC (‘‘Nasdaq’’ or ‘‘Exchange’’)
filed with the Securities and Exchange
Commission (‘‘SEC’’ or ‘‘Commission’’)
the proposed rule change as described
in Items I and II, below, which Items
have been prepared by the Exchange.
The Commission is publishing this
notice to solicit comments on the
proposed rule change from interested
persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend The
Nasdaq Options Market LLC (‘‘NOM’’)
Rules at Options 3, Section 26, Message
15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
1
VerDate Sep<11>2014
16:50 Sep 23, 2021
Jkt 253001
Traffic Mitigation, and Options 3,
Section 27 Limitation of Liability.
The Exchange also proposes to amend
Options 10, Doing Business With The
Public: Section 5, Branch Offices,
Section 6, Opening of Accounts, and
Section 9, Discretionary Accounts.
The text of the proposed rule change
is available on the Exchange’s website at
https://listingcenter.nasdaq.com/
rulebook/nasdaq/rules, at the principal
office of the Exchange, 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 Exchange proposes to amend
Options 3, Section 26, Message Traffic
Mitigation. The Exchange also proposes
to amend Options 10, Doing Business
With The Public: Section 5, Branch
Offices, Section 6, Opening of Accounts,
and Section 9, Discretionary Accounts.
Each change is described below.
Options 3, Section 26
The Exchange proposes to amend
Options 3, Section 26, Message Traffic
Mitigation, to replace its current rule
with a rule identical to Nasdaq Phlx
LLC (‘‘Phlx’’) Options 3, Section 26.
Currently, NOM Options 3, Section 26
provides,
For the purpose of message traffic
mitigation, based on NOM’s traffic with
respect to target traffic levels and in
accordance with NOM’s overall objective of
reducing both peak and overall traffic:
PO 00000
Frm 00094
Fmt 4703
Sfmt 4703
(a) NOM will periodically delist options
with an average daily volume (‘‘ADV’’) of less
than 100 contracts. Nasdaq will, on a
monthly basis, determine the ADV for each
series listed on NOM and delist the current
series and not list the next series after
expiration where the ADV is less than 100
contracts. For options series traded solely on
NOM, Nasdaq will delay delisting until there
is no open interest in that options series.
(b) NOM will implement a process by
which an outbound quote message that has
not been sent, but is about to be sent, will
not be sent if a more current quote message
for the same series is available for sending.
This replace on queue functionality will be
applied to all options series listed on the
Nasdaq Options Market in real time and will
not delay the sending of any messages.
(c) When the size associated with a bid or
offer increases by an amount less than or
equal to a percentage (never to exceed 20%)
of the size associated with the previously
disseminated bid or offer, NOM will not
disseminate the new bid or offer
(d) All message traffic mitigation
mechanisms which are used on NOM will be
identical for the OPRA ‘‘top of the book’’
broadcast.
With this proposal, the Exchange
proposes to provide:
(a) The Exchange shall disseminate an
updated bid and offer price, together with the
size associated with such bid and offer,
when:
(1) the Exchange’s disseminated bid or
offer price increases or decreases;
(2) the size associated with the Exchange’s
disseminated bid or offer decreases; or
(3) the size associated with the Exchange’s
bid (offer) increases by an amount greater
than or equal to a percentage (never to exceed
20%) of the size associated with previously
disseminated bid (offer). Such percentage,
which shall never exceed 20%, will be
determined by the Exchange on an issue-byissue basis and posted on the Exchange’s
website.
Current NOM Options 3, Section 26(a)
describes how NOM would periodically
delist options with an average daily
volume of less than 100 contracts.
Further, pursuant to Options 3, Section
26(a), NOM would determine the ADV
for each series listed on NOM and
monthly, delist the current series, and
not list the next series after expiration
where the ADV is less than 100
contracts.3 Options 3, Section 26(a) was
3 For options series traded solely on NOM, the
Exchange will delay delisting until there is no open
E:\FR\FM\24SEN1.SGM
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24SEN1
]]>Agencies
[Federal Register Volume 86, Number 183 (Friday, September 24, 2021)]
[Notices]
[Pages 53120-53121]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-20652]
=======================================================================
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RAILROAD RETIREMENT BOARD
Proposed Collection; Comment Request
In accordance with the requirement of Section 3506 (c)(2)(A) of the
Paperwork Reduction Act of 1995 which provides opportunity for public
comment on new or revised data collections, the Railroad Retirement
Board (RRB) will publish periodic summaries of proposed data
collections.
Comments are invited on: (a) Whether the proposed information
collection is necessary for the proper performance of the functions of
the agency, including whether the information has practical utility;
(b) the accuracy of the RRB's estimate of the burden of the collection
of the information; (c) ways to enhance the quality, utility, and
clarity of the information to be collected; and (d) ways to minimize
the burden related to the collection of information on respondents,
including the use of automated collection techniques or other forms of
information technology.
1. Title and purpose of information collection: Employee's
Certification; OMB 3220-0140. Section 2 of the Railroad Retirement Act
(RRA) (45 U.S.C. 231a), provides for the payment of an annuity to the
spouse or divorced spouse of a retired railroad employee. For the
spouse or divorced spouse to qualify for an annuity, the RRB must
determine if any of the employee's current marriage to the applicant is
valid.
The requirements for obtaining documentary evidence to determine
valid marital relationships are prescribed in 20 CFR 219.30 through
219.35. Section 2(e) of the RRA requires that an employee must
relinquish all rights to any railroad employer service before a spouse
annuity can be paid.
The RRB uses Form G-346, Employee's Certification, to obtain the
information needed to determine whether the employee's current marriage
is valid. Form G-346 is completed by the retired employee who is the
husband or wife of the applicant for a spouse annuity. Completion is
required to obtain a benefit. One response is requested of each
respondent. The RRB proposes no changes to Form G-346.
Consistent with 20 CFR 217.17, the RRB uses Form G-346sum,
Employee's Certification Summary, which mirrors the information
collected on Form G-346, when an employee, after being interviewed by
an RRB field office representative ``signs'' the form using an
alternative signature method known as ``attestation.'' Attestation
refers to the action taken by the RRB field office representative to
confirm and annotate the RRB's records of the applicant's affirmation
under penalty of perjury that the information provided is correct and
the applicant's agreement to sign the form by proxy. Completion is
required to obtain a benefit. One response is requested of each
respondent. The RRB proposes no changes to Form G-346sum.
Estimate of Annual Respondent Burden
----------------------------------------------------------------------------------------------------------------
Annual
Form No. responses Time (minutes) Burden (hours)
----------------------------------------------------------------------------------------------------------------
G-346........................................................... 3,300 5 300
G-346sum........................................................ 2,260 5 188
-----------------------------------------------
Total....................................................... 5,560 .............. 488
----------------------------------------------------------------------------------------------------------------
2. Title and purpose of information collection: Railroad Separation
Allowance or Severance Pay Report; OMB 3220-0173.
Section 6 of the Railroad Retirement Act (45 U.S.C. 231e) provides
for a lump-sum payment to an employee or the employee's survivors equal
to the Tier II taxes paid by the employee on a separation allowance or
severance payment for which the employee did not receive credits toward
retirement. The lump-sum is not payable until retirement benefits begin
to accrue or the employee dies. Also, Section 4 (a-1) (iii) of the
Railroad Unemployment Insurance Act provides that a railroad employee
who is paid a separation allowance is disqualified for unemployment and
sickness benefits for the period of time the employee would have to
work to earn the amount of the allowance. The reporting requirements
are specified in 20 CFR 209.14.
In order to calculate and provide payments, the Railroad Retirement
Board (RRB) must collect and maintain records of separation allowances
and severance payments which were subject to Tier II taxation from
railroad employers. The RRB uses Form BA-9, Report of Separation
Allowance or Severance Pay, to obtain information from railroad
employers concerning the separation allowances and severance payments
made to railroad employees and/or the survivors of railroad employees.
Employers currently have the option of submitting their reports on
paper Form BA-9, (or in like format) on a CD-ROM, or by File Transfer
Protocol (FTP), or Secure Email. Completion is mandatory. One response
is requested of each respondent. The RRB proposes no changes to the
manual, CD-ROM, secure email, or FTP Version of Form BA-9. The RRB
proposes the addition of an internet equivalent version of Form BA-9 to
the information collection.
Estimate of Annual Respondent Burden
----------------------------------------------------------------------------------------------------------------
Annual
Form No. responses Time (minutes) Burden (hours)
----------------------------------------------------------------------------------------------------------------
BA-9 (Paper).................................................... 100 76 127
BA-9 (Internet)................................................. 215 15 54
BA-9 (CD-ROM)................................................... 10 76 13
BA-9 (Secure Email)............................................. 25 76 32
[[Page 53121]]
BA-9 (FTP)...................................................... 10 76 13
-----------------------------------------------
Total....................................................... 360 .............. 239
----------------------------------------------------------------------------------------------------------------
Additional Information or Comments: To request more information or
to obtain a copy of the information collection justification, forms,
and/or supporting material, contact Kennisha Tucker at (312) 469-2591
or [email protected]. Comments regarding the information
collection should be addressed to Brian Foster, Railroad Retirement
Board, 844 North Rush Street, Chicago, Illinois 60611-1275 or emailed
to [email protected]. Written comments should be received within 60
days of this notice.
Brian D. Foster,
Clearance Officer.
[FR Doc. 2021-20652 Filed 9-23-21; 8:45 am]
BILLING CODE 7905-01-P
