Submission for OMB Review; Comment Request, 18352-18353 [2023-06383]

Download as PDF 18352 Federal Register / Vol. 88, No. 59 / Tuesday, March 28, 2023 / Notices be summarized and included in the request for Office of Management and Budget’s (OMB) approval. All comments will become a matter of public record. The public is invited to submit comments concerning: (a) whether the collection of information is necessary for the proper execution of the function of the agency, including whether the information will have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information, including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of the information on the respondents, including the use of automated collection techniques or other forms of information technology. By the National Credit Union Administration Board. Melane Conyers-Ausbrooks, Secretary of the Board. [FR Doc. 2023–06386 Filed 3–27–23; 8:45 am] BILLING CODE 7535–01–P NATIONAL CREDIT UNION ADMINISTRATION Submission for OMB Review; Comment Request National Credit Union Administration (NCUA). ACTION: Notice. AGENCY: The National Credit Union Administration (NCUA) will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. SUMMARY: Comments should be received on or before April 27, 2023 to be assured of consideration. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to 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. FOR FURTHER INFORMATION CONTACT: Copies of the submission may be obtained by contacting Venetia Eldridge at (703) 518–1564, emailing PRAComments@ncua.gov, or viewing lotter on DSK11XQN23PROD with NOTICES1 DATES: VerDate Sep<11>2014 16:59 Mar 27, 2023 Jkt 259001 the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: OMB Number: 3133–0024. Title: Mergers of Federally-Insured Credit Unions; Voluntary Termination or Conversion of Insured Status, 12 CFR part 708b. Type of Review: Extension of a currently approved collection. Abstract: Part 708b of NCUA’s rules sets forth the procedural and disclosure requirements for mergers of federallyinsured credit unions, conversions from federal share insurance to nonfederal insurance, and federal share insurance terminations. Part 708b is designed to ensure NCUA has sufficient information whether to approve a proposed merger, share insurance conversion, or share insurance termination. It further ensures that members of credit unions have sufficient and accurate information to exercise their vote properly concerning a proposed merger, insurance conversion, or insurance termination. The rule also protects the property interests of members who may lose their federal share insurance due to a merger, share insurance conversion, or share insurance termination. Affected Public: Private Sector: Businesses or other for-profits. Estimated Total Annual Burden Hours: 5,352. OMB Number: 3133–0163. Title: Privacy of Consumer Financial Information Recordkeeping and Disclosure Requirements. Under the Gramm-Leach-Bliley Act and Regulation P, 12 CFR 1016. Type of Review: Extension of a currently approved collection. Abstract: Regulation P (12 CFR 1016) requires credit unions to disclose its privacy policies to customers as well as offer customers a reasonable opportunity to opt out—in whole or in part—of those policies to further restrict the release of their personal financial information to nonaffiliated third parties. Credit unions are required to provide an initial privacy notice to customers that is clear and conspicuous, an annual notice of the privacy policies and practices of the institution, a revised notice to customers if triggered by specific changes to the existing policy, and a notice of the right of the customer to opt out of the institution’s information sharing practices. Consumers who choose to exercise their opt-out right document this choice by returning an opt-out form or other permissible method. Affected Public: Private Sector: Notfor-profit institutions. Estimated Total Annual Burden Hours: 433,620. PO 00000 Frm 00061 Fmt 4703 Sfmt 4703 OMB Number: 3133–0181. Type of Review: Extension of currently approved collection. Title: Registration of Mortgage Loan Originators. Abstract: The Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act), 12 U.S.C. 5101 et seq., as codified by 12 CFR part 1007, requires an employee of a bank, savings association, or credit union or a subsidiary regulated by a Federal banking agency or an employee of an institution regulated by the Farm Credit Administration (FCA), (collectively, Agency-regulated Institutions) who engages in the business of a residential mortgage loan originator (MLO) to register with the Nationwide Mortgage Licensing System and Registry (Registry) and obtain a unique identifier. Agency-regulated institutions must also adopt and follow written policies and procedures to assure compliance with the S.A.F.E. Act. The Registry is intended to aggregate and improve the flow of information to and between regulators; provide increased accountability and tracking of mortgage loan originators; enhance consumer protections; reduce fraud in the residential mortgage loan origination process; and provide consumers with easily accessible information at no charge regarding the employment history of, and the publicly adjudicated disciplinary and enforcement actions against MLOs. Affected Public: Private Sector: Notfor-profit institutions; Individuals or households. Estimated Total Annual Burden Hours: 86,423. OMB Number: 3133–0187. Type of Review: Extension currently approved collection. Title: Reverse Mortgage Products— Guidance for Managing Reputation Risks, 12 CFR 1002, 1005, 1013, and 229. Abstract: The Reverse Mortgage Guidance sets forth standards intended to ensure that financial institutions effectively assess and manage the compliance and reputation risks associated with reverse mortgage products. The information collection will allow NCUA to evaluate the adequacy of a federally-insured credit union’s internal policies and procedures as they relate to reverse mortgage products. Affected Public: Private Sector: Notfor-profit institutions. Estimated Total Annual Burden Hours: 160. By Melane Conyers-Ausbrooks, Secretary of the Board, the National E:\FR\FM\28MRN1.SGM 28MRN1 Federal Register / Vol. 88, No. 59 / Tuesday, March 28, 2023 / Notices Credit Union Administration, on March 20, 2023. Perspective from the Director’s Office Strategic Recommendations for ENG Dated: March 23, 2023. Nina DiPadova, NCUA PRA Clearance Officer. Dated: March 23, 2023. Crystal Robinson, Committee Management Officer. [FR Doc. 2023–06383 Filed 3–27–23; 8:45 am] [FR Doc. 2023–06362 Filed 3–27–23; 8:45 am] BILLING CODE 7535–01–P BILLING CODE 7555–01–P NATIONAL SCIENCE FOUNDATION Advisory Committee for Engineering; Notice of Meeting In accordance with the Federal Advisory Committee Act (Pub. L. 92– 463, as amended), the National Science Foundation (NSF) announces the following meeting: NAME AND COMMITTEE CODE: Advisory Committee for Engineering (1170) (Hybrid). DATE AND TIME: April 25, 2023; 10:00 a.m.–5:00 p.m. (Eastern), April 26, 2023; 8:00 a.m.–12:00 p.m. (Eastern). PLACE: NSF, 2415 Eisenhower Avenue, Alexandria, VA 22314/Hybrid (Inperson and Virtual). TYPE OF MEETING: Open. CONTACT PERSONS: Don Millard, National Science Foundation, 2415 Eisenhower Avenue, Alexandria, VA 22314; Telephone: (703) 292–8300. Additional meeting information, an updated agenda, and registration information will be posted on the advisory committee website at https:// www.nsf.gov/eng/advisory.jsp. PURPOSE OF MEETING: To provide advice, recommendations and counsel on major goals and policies pertaining to engineering programs and activities. Agenda lotter on DSK11XQN23PROD with NOTICES1 Tuesday, April 25, 2023; 10:00 a.m.– 5:00 p.m. (Eastern) Directorate for Engineering Report National Academies report on Advancing Antiracism, Diversity, Equity, and Inclusion in STEMM Organizations: Beyond Broadening Participation CHIPS and Science Act: Semiconductor Update Teach Engineering Update Strategic Recommendations for ENG Preparation for Discussion with the Director’s Office Wednesday, April 26, 2023; 8:00 a.m.– 12:00 p.m. (Eastern) NSF Budget Update Reports from Advisory Committee Liaisons Engineering Research Visioning Alliance Update Preparation for Discussion with the Director’s Office VerDate Sep<11>2014 16:59 Mar 27, 2023 Jkt 259001 SECURITIES AND EXCHANGE COMMISSION [Release No. 34–97186; File No. SR– CboeEDGX–2023–019] Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule March 22, 2023. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (the ‘‘Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on March 9, 2023, Cboe EDGX Exchange, Inc. (the ‘‘Exchange’’ or ‘‘EDGX’’) 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 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 Cboe EDGX Exchange, Inc. (the ‘‘Exchange’’ or ‘‘EDGX’’) proposes to amend its fee schedule. The text of the proposed rule change is provided in Exhibit 5. The text of the proposed rule change is also available on the Exchange’s website (https://markets.cboe.com/us/ options/regulation/rule_filings/edgx/), at the Exchange’s Office of the Secretary, 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 1 15 2 17 PO 00000 U.S.C. 78s(b)(1). CFR 240.19b–4. Frm 00062 Fmt 4703 Sfmt 4703 18353 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 its Fee Schedule.3 Specifically, the Exchange proposes to eliminate the rebate currently provided for the liquidity adding side of Customer-toCustomer orders in Penny and NonPenny Securities (currently yielding fee codes PC and NC, respectively) and to amend the Fee Schedule so that such orders will be free. The Exchange first notes that it operates in a highly competitive market in which market participants can readily direct order flow to competing venues if they deem fee levels at a particular venue to be excessive or incentives to be insufficient. More specifically, the Exchange is only one of 16 options venues to which market participants may direct their order flow. Based on publicly available information, no single options exchange has more than 17% of the market share and currently the Exchange represents only approximately 6% of the market share.4 Thus, in such a low-concentrated and highly competitive market, no single options exchange, including the Exchange, possesses significant pricing power in the execution of option order flow. The Exchange believes that the ever-shifting market share among the exchanges from month to month demonstrates that market participants can shift order flow or discontinue to reduce use of certain categories of products, in response to fee changes. Accordingly, competitive forces constrain the Exchange’s transaction fees, and market participants can readily trade on competing venues if they deem pricing levels at those other venues to be more favorable. The Exchange’s Fee Schedule sets forth standard rebates and rates applied per contract. For example, the Exchange currently provides a standard rebate of $0.01 per contract for Customer orders that add or remove liquidity, in both Penny and Non-Penny Securities. The Fee Codes and Associated Fees section of the Fee Schedule also provides for 3 The Exchange initially filed the proposed fee changes on February 1, 2023 (SR–CboeEDGX–2023– 008). On March 9, 2023, the Exchange withdrew that filing and submitting this proposal. 4 See Cboe Global Markets U.S. Options Market Monthly Volume Summary (March 6, 2023), available at https://markets.cboe.com/us/options/ market_statistics/. E:\FR\FM\28MRN1.SGM 28MRN1

Agencies

[Federal Register Volume 88, Number 59 (Tuesday, March 28, 2023)]
[Notices]
[Pages 18352-18353]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-06383]


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

NATIONAL CREDIT UNION ADMINISTRATION


Submission for OMB Review; Comment Request

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice.

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

SUMMARY: The National Credit Union Administration (NCUA) will submit 
the following information collection requests to the Office of 
Management and Budget (OMB) for review and clearance in accordance with 
the Paperwork Reduction Act of 1995, on or after the date of 
publication of this notice.

DATES: Comments should be received on or before April 27, 2023 to be 
assured of consideration.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to 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.

FOR FURTHER INFORMATION CONTACT: Copies of the submission may be 
obtained by contacting Venetia Eldridge at (703) 518-1564, emailing 
[email protected], or viewing the entire information collection 
request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 
    OMB Number: 3133-0024.
    Title: Mergers of Federally-Insured Credit Unions; Voluntary 
Termination or Conversion of Insured Status, 12 CFR part 708b.
    Type of Review: Extension of a currently approved collection.
    Abstract: Part 708b of NCUA's rules sets forth the procedural and 
disclosure requirements for mergers of federally-insured credit unions, 
conversions from federal share insurance to nonfederal insurance, and 
federal share insurance terminations. Part 708b is designed to ensure 
NCUA has sufficient information whether to approve a proposed merger, 
share insurance conversion, or share insurance termination. It further 
ensures that members of credit unions have sufficient and accurate 
information to exercise their vote properly concerning a proposed 
merger, insurance conversion, or insurance termination. The rule also 
protects the property interests of members who may lose their federal 
share insurance due to a merger, share insurance conversion, or share 
insurance termination.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 5,352.
    OMB Number: 3133-0163.
    Title: Privacy of Consumer Financial Information Recordkeeping and 
Disclosure Requirements. Under the Gramm-Leach-Bliley Act and 
Regulation P, 12 CFR 1016.
    Type of Review: Extension of a currently approved collection.
    Abstract: Regulation P (12 CFR 1016) requires credit unions to 
disclose its privacy policies to customers as well as offer customers a 
reasonable opportunity to opt out--in whole or in part--of those 
policies to further restrict the release of their personal financial 
information to nonaffiliated third parties. Credit unions are required 
to provide an initial privacy notice to customers that is clear and 
conspicuous, an annual notice of the privacy policies and practices of 
the institution, a revised notice to customers if triggered by specific 
changes to the existing policy, and a notice of the right of the 
customer to opt out of the institution's information sharing practices. 
Consumers who choose to exercise their opt-out right document this 
choice by returning an opt-out form or other permissible method.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 433,620.
    OMB Number: 3133-0181.
    Type of Review: Extension of currently approved collection.
    Title: Registration of Mortgage Loan Originators.
    Abstract: The Secure and Fair Enforcement for Mortgage Licensing 
Act (S.A.F.E. Act), 12 U.S.C. 5101 et seq., as codified by 12 CFR part 
1007, requires an employee of a bank, savings association, or credit 
union or a subsidiary regulated by a Federal banking agency or an 
employee of an institution regulated by the Farm Credit Administration 
(FCA), (collectively, Agency-regulated Institutions) who engages in the 
business of a residential mortgage loan originator (MLO) to register 
with the Nationwide Mortgage Licensing System and Registry (Registry) 
and obtain a unique identifier. Agency-regulated institutions must also 
adopt and follow written policies and procedures to assure compliance 
with the S.A.F.E. Act. The Registry is intended to aggregate and 
improve the flow of information to and between regulators; provide 
increased accountability and tracking of mortgage loan originators; 
enhance consumer protections; reduce fraud in the residential mortgage 
loan origination process; and provide consumers with easily accessible 
information at no charge regarding the employment history of, and the 
publicly adjudicated disciplinary and enforcement actions against MLOs.
    Affected Public: Private Sector: Not-for-profit institutions; 
Individuals or households.
    Estimated Total Annual Burden Hours: 86,423.
    OMB Number: 3133-0187.
    Type of Review: Extension currently approved collection.
    Title: Reverse Mortgage Products--Guidance for Managing Reputation 
Risks, 12 CFR 1002, 1005, 1013, and 229.
    Abstract: The Reverse Mortgage Guidance sets forth standards 
intended to ensure that financial institutions effectively assess and 
manage the compliance and reputation risks associated with reverse 
mortgage products. The information collection will allow NCUA to 
evaluate the adequacy of a federally-insured credit union's internal 
policies and procedures as they relate to reverse mortgage products.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 160.
    By Melane Conyers-Ausbrooks, Secretary of the Board, the National

[[Page 18353]]

Credit Union Administration, on March 20, 2023.

    Dated: March 23, 2023.
Nina DiPadova,
NCUA PRA Clearance Officer.
[FR Doc. 2023-06383 Filed 3-27-23; 8:45 am]
BILLING CODE 7535-01-P
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