Submission for OMB Review; Comment Request; Extension: Form 20-F, 61422-61423 [2022-21954]
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61422
Federal Register / Vol. 87, No. 195 / Tuesday, October 11, 2022 / Notices
interest. There was only ever one User
that purchased either an Option A or B
bundle, and that User canceled its
bundled service over a year ago, in July
2021. There are currently no purchasers
of either Option A or B bundles. The
Exchange does not expect demand for
Options A and B to rebound given
Users’ overall preference for larger port
sizes to accommodate larger market data
feeds. Removing references to the fees
for these obsolete options from the
Connectivity Fee Schedule would make
the Connectivity Fee Schedule easier to
read, understand, and administer.
The Exchange believes that the
proposed rule change does not
significantly affect the protection of
investors or the public interest. The
proposed rule change would delete
obsolete services from the Connectivity
Fee Schedule in order to enhance
transparency and alleviate potential
customer confusion.
The Exchange believes that deleting
obsolete services from the Connectivity
Fee Schedule would not permit unfair
discrimination between customers,
issuers, brokers, or dealers. The
proposed changes would apply equally
to all Users.
For these reasons, the Exchange
believes that the proposal is consistent
with the Act.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The Exchange has filed the proposed
rule change pursuant to Section
19(b)(3)(A)(iii) of the Act 11 and Rule
19b–4(f)(6) thereunder.12 Because the
proposed rule change does not: (i)
significantly affect the protection of
investors or the public interest; (ii)
impose any significant burden on
competition; and (iii) become operative
prior to 30 days from the date on which
it was filed, or such shorter time as the
Commission may designate, if
consistent with the protection of
investors and the public interest, the
proposed rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act and Rule 19b–4(f)(6)(iii)
thereunder.
At any time within 60 days of the
filing of such proposed rule change, the
Commission summarily may
temporarily suspend such rule change if
it appears to the Commission that such
action is necessary or appropriate in the
public interest, for the protection of
investors, or otherwise in furtherance of
the purposes of the Act. If the
Commission takes such action, the
Commission shall institute proceedings
under Section 19(b)(2)(B) 13 of the Act to
determine whether the proposed rule
change should be approved or
disapproved.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
khammond on DSKJM1Z7X2PROD with NOTICES
In accordance with Section 6(b)(8) of
the Act,10 the Exchange believes that the
proposed rule change will not impose
any burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act.
The Exchange believes that the
proposed rule change would not place
any burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act. The
proposed rule change is not designed to
address any competitive issues but
rather is designed to enhance the clarity
and transparency of the Connectivity
Fee Schedule and alleviate possible
customer confusion that may arise from
the inclusion of obsolete services.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were solicited
or received with respect to the proposed
rule change.
Electronic Comments
• Use the Commission’s internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include File Number SR–
NYSE–2022–45 on the subject line.
Paper Comments
• Send paper comments in triplicate
to: Secretary, Securities and Exchange
Commission, 100 F Street NE,
Washington, DC 20549–1090.
All submissions should refer to File
Number SR–NYSE–2022–45. This file
number should be included on the
subject line if email is used. To help the
Commission process and review your
comments more efficiently, please use
11 15
U.S.C. 78s(b)(3)(A)(iii).
CFR 240.19b–4(f)(6).
13 15 U.S.C. 78s(b)(2)(B).
only one method. The Commission will
post all comments on the Commission’s
internet website (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for website viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE,
Washington, DC 20549 on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change.
Persons submitting comments are
cautioned that we do not redact or edit
personal identifying information from
comment submissions. You should
submit only information that you wish
to make available publicly. All
submissions should refer to File
Number SR–NYSE–2022–45 and should
be submitted on or before November 1,
2022.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.14
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022–21988 Filed 10–7–22; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–156, OMB Control No.
3235–0288]
Submission for OMB Review;
Comment Request; Extension: Form
20–F
Upon Written Request Copies Available
From: Securities and Exchange
Commission, Office of FOIA
Services, 100 F Street NE,
Washington, DC 20549–2736
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
(‘‘Commission’’) has submitted to the
Office of Management and Budget this
request for extension of the previously
12 17
10 15
U.S.C. 78f(b)(8).
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CFR 200.30–3(a)(12).
11OCN1
Federal Register / Vol. 87, No. 195 / Tuesday, October 11, 2022 / Notices
approved collection of information
discussed below.
Form 20–F (17 CFR 249.220f) is used
to register securities of foreign private
issuers pursuant to Section 12 of the
Securities Exchange Act of 1934
(‘‘Exchange Act’’) (15 U.S.C. 78l) or as
annual and transitional reports pursuant
to Sections 13 and 15(d) of the Exchange
Act (15 U.S.C. 78m(a) and 78o(d)). The
information required in the Form 20–F
is used by investors in making
investment decisions with respect to the
securities of such foreign private
issuers. We estimate that Form 20–F
takes approximately 2,630.17 hours per
response and is filed by approximately
729 respondents. We estimate that 25%
of the 2,630.17 hours per response
(657.542 hours) is prepared by the
issuer for a total reporting burden of
479,348 (657.542 hours per response ×
729 responses).
An agency may conduct or sponsor,
and a person is not required to respond
to, a collection of information unless it
displays a currently valid control
number.
The public may view background
documentation for this information
collection at the following website:
www.reginfo.gov. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice by November 10, 2022 to (i)
www.reginfo.gov/public/do/PRAMain
and (ii) David Bottom, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o John
Pezzullo, 100 F Street NE, Washington,
DC 20549, or by sending an email to:
PRA_Mailbox@sec.gov.
Dated: October 4, 2022.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022–21954 Filed 10–7–22; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–95969; File No. SR–
NYSEArca–2022–64]
Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change To Amend the
Connectivity Fee Schedule
October 4, 2022.
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934
(‘‘Act’’) 2 and Rule 19b–4 thereunder,3
notice is hereby given that, on
September 21, 2022, NYSE Arca, Inc.
(‘‘NYSE Arca’’ or the ‘‘Exchange’’) filed
with the Securities and Exchange
Commission (the ‘‘Commission’’) the
proposed rule change as described in
Items I, II, and III below, which Items
have been prepared by the selfregulatory organization. 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
Connectivity Fee Schedule related to
colocation to remove obsolete text. The
proposed rule change is available on the
Exchange’s website at www.nyse.com, 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
self-regulatory organization 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 those 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 parts of such
statements.
khammond on DSKJM1Z7X2PROD with NOTICES
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to amend the
Connectivity Fee Schedule related to
colocation to remove Partial Cabinet
1 15
U.S.C. 78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15
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61423
Solution bundles Options A and B as
obsolete.4
The Exchange recently deleted the
service ‘‘LCN Access—1 Gb Circuit’’
from the list of types of services
available in colocation, due to the lack
of User demand for 1 Gb LCN ports.5 In
making that change, the Exchange
explained that the number of 1 Gb LCN
ports purchased by Users had steadily
declined from 4 in 2017, to 2 in 2018,
to 1 in 2021, to zero in 2022. The
Exchange understands that this fall-off
in demand for the 1 Gb LCN port is due
to the fact that market data feeds
continue to increase in bandwidth, such
that Users prefer to purchase larger port
sizes. Based on this trend, the Exchange
explained that it believes that there is
no remaining User demand for the 1 Gb
LCN port, and discontinued the service
as obsolete.
The same rationale applies equally to
two of the Exchange’s Partial Cabinet
Solution (‘‘PCS’’) bundles: Options A
and B. Options A and B each include
various bundled services, including,
among other things, a 1 Gb LCN
connection. Although Options A and B
have been offered by the Exchange and
its Affiliate SROs since 2016,6 no Users
ever purchased an Option B bundle, and
only one User purchased an Option A
bundle, which it canceled in July 2021.
There are currently no Users purchasing
either an Option A or B bundle.
Accordingly, the Exchange believes that
there is no remaining User demand for
Options A or B, and proposes to
discontinue them as obsolete.
Application and Impact of the Proposed
Changes
The Exchange does not expect that the
proposed changes would have any
impact. As noted above, there was only
ever one User that purchased either an
Option A or B bundle, and that User
canceled its bundled service over a year
ago, in July 2021. There are currently no
purchasers of either Option A or B
bundles.
The proposed changes would not
have any affect on the two remaining
4 The Exchange is an indirect subsidiary of
Intercontinental Exchange, Inc. (‘‘ICE’’). Each of the
Exchange’s affiliates New York Stock Exchange
LLC, NYSE American LLC, NYSE Chicago, Inc., and
NYSE National, Inc. (the ‘‘Affiliate SROs’’) has
submitted substantially the same proposed rule
change to propose the changes described herein.
See SR–NYSE–2022–45, SR–NYSEAMER–2022–43,
SR–NYSECHX–2022–22, and SR–NYSENAT–2022–
22.
5 See Securities Exchange Act Release No. 95360
(July 25, 2022), 87 FR 45831 (July 29, 2022) (SR–
NYSEArca–2022–41).
6 See, e.g., Securities Exchange Act Release No.
77072 (February 5, 2016), 81 FR 7394 (Feb. 11,
2016) (SR–NYSE–2015–53).
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Agencies
[Federal Register Volume 87, Number 195 (Tuesday, October 11, 2022)]
[Notices]
[Pages 61422-61423]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-21954]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-156, OMB Control No. 3235-0288]
Submission for OMB Review; Comment Request; Extension: Form 20-F
Upon Written Request Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736
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 (``Commission'') has submitted to the Office of Management
and Budget this request for extension of the previously
[[Page 61423]]
approved collection of information discussed below.
Form 20-F (17 CFR 249.220f) is used to register securities of
foreign private issuers pursuant to Section 12 of the Securities
Exchange Act of 1934 (``Exchange Act'') (15 U.S.C. 78l) or as annual
and transitional reports pursuant to Sections 13 and 15(d) of the
Exchange Act (15 U.S.C. 78m(a) and 78o(d)). The information required in
the Form 20-F is used by investors in making investment decisions with
respect to the securities of such foreign private issuers. We estimate
that Form 20-F takes approximately 2,630.17 hours per response and is
filed by approximately 729 respondents. We estimate that 25% of the
2,630.17 hours per response (657.542 hours) is prepared by the issuer
for a total reporting burden of 479,348 (657.542 hours per response x
729 responses).
An agency may conduct or sponsor, and a person is not required to
respond to, a collection of information unless it displays a currently
valid control number.
The public may view background documentation for this information
collection at the following website: www.reginfo.gov. Find this
particular information collection by selecting ``Currently under 30-day
Review--Open for Public Comments'' or by using the search function.
Written comments and recommendations for the proposed information
collection should be sent within 30 days of publication of this notice
by November 10, 2022 to (i) www.reginfo.gov/public/do/PRAMain and (ii)
David Bottom, Director/Chief Information Officer, Securities and
Exchange Commission, c/o John Pezzullo, 100 F Street NE, Washington, DC
20549, or by sending an email to: [email protected].
Dated: October 4, 2022.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022-21954 Filed 10-7-22; 8:45 am]
BILLING CODE 8011-01-P