80_FR_14481 80 FR 14428 - Submission for OMB Review; Comment Request

80 FR 14428 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 53 (March 19, 2015)

Page Range14428-14429
FR Document2015-06314

Federal Register, Volume 80 Issue 53 (Thursday, March 19, 2015) 
[Federal Register Volume 80, Number 53 (Thursday, March 19, 2015)]
[Notices]
[Pages 14428-14429]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-06314]


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SECURITIES AND EXCHANGE COMMISSION


Submission for OMB Review; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, Washington, DC 20549-2736.

Extension: Rule 15g-3,
    SEC File No. 270-346, OMB Control No. 3235-0392.


[[Page 14429]]


    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 
existing collection of information provided for in Rule 15g-3--Broker 
or dealer disclosure of quotations and other information relating to 
the penny stock market (17 CFR 240.15g-3) under the Securities Exchange 
Act of 1934 (15 U.S.C. 78a et seq.).
    Rule 15g-3 requires that brokers and dealers disclose to customers 
current quotation prices or similar market information in connection 
with transactions in penny stocks. The purpose of the rule is to 
increase the level of disclosure to investors concerning penny stocks 
generally and specific penny stock transactions.
    The Commission estimates that approximately 221 broker-dealers will 
spend an average of 87 hours annually to comply with this rule. Thus, 
the total compliance burden is approximately 19,245 burden-hours per 
year.
    Rule 15g-3 contains record retention requirements. Compliance with 
the rule is mandatory. The required records are available only to the 
examination staff of the Commission and the self regulatory 
organizations of which the broker-dealer is a member.
    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 Web site: www.reginfo.gov. Comments should 
be directed to: (i) Desk Officer for the Securities and Exchange 
Commission, Office of Information and Regulatory Affairs, Office of 
Management and Budget, Room 10102, New Executive Office Building, 
Washington, DC 20503 or by sending an email to: 
[email protected]; and (ii) Pamela Dyson, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 100 F Street NE., Washington, DC 20549 or by sending an 
email to [email protected]. Comments must be submitted to OMB within 
30 days of this notice.

    Dated: March 13, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-06314 Filed 3-18-15; 8:45 am]
 BILLING CODE 8011-01-P

14428 Federal Register / Vol. 80, No. 53 / Thursday, March 19, 2015 / Notices The Exchange believes that the participants may readily adjust their Paper Comments proposed change to the QMM Program order routing practices, • Send paper comments in triplicate in NASDAQ Rule 7014(e)(1) of only NASDAQ believes that the degree to to Secretary, Securities and Exchange having Tape A and Tape B securities be which fee changes in this market may Commission, 100 F Street NE., eligible to receive the additional QMM impose any burden on competition is Washington, DC 20549–1090. rebate of $0.0002 per share executed extremely limited or even non-existent. All submissions should refer to File with respect to orders that are executed In this instance, the changes to credits Number SR–NASDAQ–2015–020. This at a price of $1 or more and that meet for the ISP and QMM programs do not file number should be included on the the Additional QMM Rebate Criteria, is impose a burden on competition subject line if email is used. To help the reasonable because the Exchange because these NASDAQ incentive Commission process and review your believes that firms no longer need the programs remain in place, still offer comments more efficiently, please use additional incentive to quote at the economically advantageous credits, and only one method. The Commission will NBBO in Nasdaq-listed securities are reflective of the need for exchanges post all comments on the Commission’s (‘‘Tape C’’). The Exchange also believes to offer and to let the financial Internet Web site (http://www.sec.gov/ this change is consistent with a fair incentives to attract order flow evolve. rules/sro.shtml). Copies of the allocation of a reasonable fee and not While the Exchange does not believe submission, all subsequent unfairly discriminatory because the that the proposed changes will result in amendments, all written statements additional rebate only applying to Tape any burden on competition, if the with respect to the proposed rule A and Tape B securities will apply changes proposed herein are change that are filed with the uniformly to all QMM members. unattractive to market participants it is Commission, and all written The Exchange also believes that the likely that NASDAQ will lose market communications relating to the proposed change to the QMM Program share as a result. proposed rule change between the in NASDAQ Rule 7014(e)(2) of only Commission and any person, other than C. Self-Regulatory Organization’s having Tape A and Tape B securities those that may be withheld from the Statement on Comments on the receive the additional QMM credit of public in accordance with the Proposed Rule Change Received From $0.0001 per share executed with respect provisions of 5 U.S.C. 552, will be Members, Participants or Others to all other displayed orders (other than available for Web site viewing and Designated Retail Orders, as defined in Written comments were neither printing in the Commission’s Public Rule 7018) in securities priced at $1 or solicited nor received. Reference Room, 100 F Street NE., more per share that provide liquidity Washington, DC 20549, on official III. Date of Effectiveness of the and that are entered through a QMM business days between the hours of Proposed Rule Change and Timing for MPID is reasonable because the 10:00 a.m. and 3:00 p.m. Copies of such Commission Action Exchange believes that firms no longer filing also will also be available for need the additional incentive to quote The foregoing change has become inspection and copying at the principal in Tape C. effective pursuant to section office of the Exchange. All comments The Exchange also believes that this 19(b)(3)(A)(ii) of the Act.7 At any time received will be posted without change; change is consistent with a fair within 60 days of the filing of the the Commission does not edit personal allocation of a reasonable fee and not proposed rule change, the Commission identifying information from unfairly discriminatory because the summarily may temporarily suspend submissions. You should submit only additional QMM credit only applying to such rule change if it appears to the information that you wish to make Tape A and Tape B securities will apply Commission that such action is available publicly. All submissions uniformly to all QMM members. necessary or appropriate in the public should refer to File Number SR– interest, for the protection of investors, NASDAQ–2015–020, and should be B. Self-Regulatory Organization’s or otherwise in furtherance of the Statement on Burden on Competition submitted on or before April 9, 2015. purposes of the Act. If the Commission NASDAQ does not believe that the takes such action, the Commission shall For the Commission, by the Division of institute proceedings to determine Trading and Markets, pursuant to delegated proposed rule changes will result in any authority.8 burden on competition that is not whether the proposed rule should be approved or disapproved. Brent J. Fields, necessary or appropriate in furtherance of the purposes of the Act, as amended.6 Secretary. IV. Solicitation of Comments [FR Doc. 2015–06264 Filed 3–18–15; 8:45 am] NASDAQ notes that it operates in a highly competitive market in which Interested persons are invited to BILLING CODE 8011–01–P market participants can readily favor submit written data, views, and competing venues if they deem fee arguments concerning the foregoing, levels at a particular venue to be including whether the proposed rule SECURITIES AND EXCHANGE excessive, or rebate opportunities change is consistent with the Act. COMMISSION available at other venues to be more Comments may be submitted by any of the following methods: Submission for OMB Review; favorable. In such an environment, Comment Request NASDAQ must continually adjust its Electronic Comments fees to remain competitive with other Upon Written Request, Copies Available exchanges and with alternative trading • Use the Commission’s Internet From: Securities and Exchange Rmajette on DSK2VPTVN1PROD with NOTICES systems that have been exempted from comment form (http://www.sec.gov/ Commission, Office of FOIA Services, compliance with the statutory standards rules/sro.shtml); or Washington, DC 20549–2736. applicable to exchanges. Because • Send an email to rule-comments@ Extension: Rule 15g-3, competitors are free to modify their own sec.gov. Please include File Number SR– SEC File No. 270–346, OMB Control No. fees in response, and because market NASDAQ–2015–020 on the subject line. 3235–0392. 6 15 U.S.C. 78f(b)(8). 7 15 U.S.C. 78s(b)(3)(A)(ii). 8 17 CFR 200.30–3(a)(12). VerDate Sep<11>2014 15:18 Mar 18, 2015 Jkt 235001 PO 00000 Frm 00072 Fmt 4703 Sfmt 4703 E:\FR\FM\19MRN1.SGM 19MRN1

Federal Register / Vol. 80, No. 53 / Thursday, March 19, 2015 / Notices 14429 Notice is hereby given that pursuant SMALL BUSINESS ADMINISTRATION Total Estimated Annual Hour Burden: to the Paperwork Reduction Act of 1995 369. (’’PRA’’) (44 U.S.C. 3501 et seq.), the Data Collection Available for Public Comments Curtis B. Rich, Securities and Exchange Commission (‘‘Commission’’) has submitted to the Management Analyst. Office of Management and Budget 60-day notice and request for ACTION: [FR Doc. 2015–06328 Filed 3–18–15; 8:45 am] (‘‘OMB’’) a request for approval of comments. BILLING CODE 8025–01–P extension of the existing collection of information provided for in Rule 15g- SUMMARY: The Small Business 3—Broker or dealer disclosure of Administration (SBA) intends to request SMALL BUSINESS ADMINISTRATION quotations and other information approval, from the Office of [Disaster Declaration #14239 and #14240] relating to the penny stock market (17 Management and Budget (OMB) for the CFR 240.15g-3) under the Securities collection of information described California Disaster #CA–00233 Exchange Act of 1934 (15 U.S.C. 78a et below. The Paperwork Reduction Act AGENCY: U.S. Small Business seq.). (PRA) of 1995, 44 U.S.C. Chapter 35 Administration. Rule 15g-3 requires that brokers and requires federal agencies to publish a notice in the Federal Register ACTION: Notice. dealers disclose to customers current quotation prices or similar market concerning each proposed collection of SUMMARY: This is a notice of an information in connection with information before submission to OMB, Administrative declaration of a disaster transactions in penny stocks. The and to allow 60 days for public for the State of California dated 03/11/ purpose of the rule is to increase the comment in response to the notice. This 2015. level of disclosure to investors notice complies with that requirement. Incident: Round Fire. concerning penny stocks generally and DATES:Submit comments on or before Incident Period: 02/06/2015 through specific penny stock transactions. May 18, 2015. 02/12/2015. The Commission estimates that Dates: Effective Date: 03/11/2015. approximately 221 broker-dealers will ADDRESSES: Send all comments to Physical Loan Application Deadline spend an average of 87 hours annually Barbara Brannan, Special Assistant, Date: 05/11/2015. to comply with this rule. Thus, the total Office of Surety Guarantee, Small Economic Injury (EIDL) Loan compliance burden is approximately Business Administration, 409 3rd Street, Application Deadline Date: 12/11/2015. 19,245 burden-hours per year. 8th Floor, Washington, DC 20416. ADDRESSES: Submit completed loan Rule 15g-3 contains record retention FOR FURTHER INFORMATION CONTACT: applications to: U.S. Small Business requirements. Compliance with the rule Barbara Brannan, Special Assistant, Administration, Processing and is mandatory. The required records are Office of Surety Guarantee, Disbursement Center, 14925 Kingsport available only to the examination staff Barbara.brannan@sba.gov 202–205– Road, Fort Worth, TX 76155. of the Commission and the self 6545, or Curtis B. Rich, Management FOR FURTHER INFORMATION CONTACT: A. regulatory organizations of which the Analyst, 202–205–7030, curtis.rich@ Escobar, Office of Disaster Assistance, broker-dealer is a member. sba.gov. U.S. Small Business Administration, An agency may not conduct or SUPPLEMENTARY INFORMATION: Small 409 3rd Street SW., Suite 6050, sponsor, and a person is not required to Business Administration (SBA) Surety Washington, DC 20416. respond to, a collection of information Bond Guarantee Program was created to SUPPLEMENTARY INFORMATION: Notice is under the PRA unless it displays a encourage surety companies to provide hereby given that as a result of the currently valid OMB control number. bonding for small contractors. The Administrator’s disaster declaration, The public may view background information collected on this form from applications for disaster loans may be documentation for this information small businesses and surety companies filed at the address listed above or other collection at the following Web site: will be used to evaluate the eligibility of locally announced locations. www.reginfo.gov. Comments should be applicants for contracts up to $250,000. The following areas have been directed to: (i) Desk Officer for the determined to be adversely affected by Securities and Exchange Commission, Solicitation of Public Comments: SBA is requesting comments on (a) Whether the disaster: Office of Information and Regulatory Primary Counties: Mono. Affairs, Office of Management and the collection of information is necessary for the agency to properly Contiguous Counties: Budget, Room 10102, New Executive California: Alpine, Fresno, Inyo, Office Building, Washington, DC 20503 perform its functions; (b) whether the Madera, Tuolumne. or by sending an email to: Shagufta_ burden estimates are accurate; (c) Nevada: Douglas, Esmeralda, Lyon, Ahmed@omb.eop.gov; and (ii) Pamela whether there are ways to minimize the Mineral. Dyson, Director/Chief Information burden, including through the use of The Interest Rates are: Officer, Securities and Exchange automated techniques or other forms of Commission, c/o Remi Pavlik-Simon, information technology; and (d) whether Percent 100 F Street NE., Washington, DC 20549 there are ways to enhance the quality, or by sending an email to PRA_ utility, and clarity of the information. For Physical Damage: Summary of Information Collection: Homeowners With Credit Avail- Mailbox@sec.gov. Comments must be able Elsewhere ...................... 3.625 Rmajette on DSK2VPTVN1PROD with NOTICES submitted to OMB within 30 days of Title: Quick Bond Guarantee Homeowners Without Credit this notice. Application and Agreement. Available Elsewhere .............. 1.813 Dated: March 13, 2015. Description of Respondents: Surety Businesses With Credit Avail- Brent J. Fields, Companies. able Elsewhere ...................... 6.000 Businesses Without Credit Secretary. Form Number: SBA Form 990A. Available Elsewhere .............. 4.000 [FR Doc. 2015–06314 Filed 3–18–15; 8:45 am] Total Estimated Annual Responses: Non-Profit Organizations With BILLING CODE 8011–01–P 4,450. Credit Available Elsewhere ... 2.625 VerDate Sep<11>2014 15:18 Mar 18, 2015 Jkt 235001 PO 00000 Frm 00073 Fmt 4703 Sfmt 4703 E:\FR\FM\19MRN1.SGM 19MRN1


Document Created: 2018-02-21 09:42:24
Document Modified: 2018-02-21 09:42:24
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation80 FR 14428 
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