80 FR 46368 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 149 (August 4, 2015)

Page Range		46368-46369
FR Document		2015-18887
Federal Register, Volume 80 Issue 149 (Tuesday, August 4, 2015)
[Federal Register Volume 80, Number 149 (Tuesday, August 4, 2015)]
[Notices]
[Pages 46368-46369]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-18887]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; Comment Request

Upon Written Request, Copy Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE., Washington, DC 
20549-2736.

Extension:
    Form N-8A. SEC File No. 270-135, OMB Control No. 3235-0175.

    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 (the ``Commission'') is soliciting comments on the 
collection of information summarized below. The Commission plans to 
submit this existing collection of information to the Office of 
Management and Budget (``OMB'') for extension and approval.
    The Investment Company Act of 1940 (``Investment Company Act'') (15 
U.S.C. 80a-1 et seq.) requires investment companies to register with 
the Commission before they conduct any business in interstate commerce. 
Section 8(a) of the Investment Company Act provides that an investment 
company shall be deemed to be registered upon receipt by the Commission 
of a notification of

[[Page 46369]]

registration in such form as the Commission prescribes. Form N-8A (17 
CFR 274.10) is the form for notification of registration that the 
Commission has adopted under section 8(a). The purpose of such 
notification of registration provided on Form N-8A is to notify the 
Commission of the existence of investment companies required to be 
registered under the Investment Company Act and to enable the 
Commission to administer the provisions of the Investment Company Act 
with respect to those companies. After an investment company has filed 
its notification of registration under section 8(a), the company is 
then subject to the provisions of the Investment Company Act which 
govern certain aspects of its organization and activities, such as the 
composition of its board of directors and the issuance of senior 
securities. Form N-8A requires an investment company to provide its 
name, state of organization, form of organization, classification, the 
name and address of each investment adviser of the investment company, 
the current value of its total assets, and certain other information 
readily available to the investment company. If the investment company 
is filing a registration statement as required by Section 8(b) of the 
Investment Company Act concurrently with its notification of 
registration, Form N-8A requires only that the registrant file the 
cover page (giving its name, address, and agent for service of process) 
and sign the form in order to effect registration.
    Based on recent filings of notifications of registration on Form N-
8A, we estimate that about 92 investment companies file such 
notifications each year. An investment company must only file a 
notification of registration on Form N-8A once. The currently approved 
average hour burden per investment company of preparing and filing a 
notification of registration on Form N-8A is one hour. Based on the 
Commission staff's experience with the requirements of Form N-8A and 
with disclosure documents generally--and considering that investment 
companies that are filing notifications of registration on Form N-8A 
simultaneously with the registration statement under the Investment 
Company Act are only required by Form N-8A to file a signed cover 
page--we continue to believe that this estimate is appropriate. 
Therefore, we estimate that the total annual hour burden to prepare and 
file notifications of registration on Form N-8A is 92 hours. The 
currently approved cost burden of Form N-8A is $443 per filing. We are 
updating the estimated cost burden to $449 to account for the effects 
of inflation. Therefore, we estimate that the total annual cost burden 
to associated with preparing and filing notifications of registration 
on Form N-8A is about $41,308.
    Estimates of average burden hours and costs are made solely for the 
purposes of the Paperwork Reduction Act, and are not derived from a 
comprehensive or even representative survey or study of the costs of 
Commission rules and forms. Compliance with the collection of 
information requirements of Form N-8A is mandatory. Responses to the 
collection of information will not be kept confidential. 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.
    Written comments are invited on: (a) Whether the collection of 
information is necessary for the proper performance of the functions of 
the Commission, including whether the information has practical 
utility; (b) the accuracy of the Commission's estimate of the burden of 
the collection of information; (c) ways to enhance the quality, 
utility, and clarity of the information collected; and (d) ways to 
minimize the burden of the collection of information on respondents, 
including through the use of automated collection techniques or other 
forms of information technology. Consideration will be given to 
comments and suggestions submitted in writing within 60 days of this 
publication.
    Please direct your written comments to Pamela Dyson, Director/Chief 
Information Officer, Securities and Exchange Commission, C/O Remi 
Pavlik-Simon, 100 F Street NE., Washington, DC 20549; or send an email 
to: [email protected].

    Dated: July 28, 2015.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-18887 Filed 8-3-15; 8:45 am]
BILLING CODE 8011-01-P
46368 Federal Register / Vol. 80, No. 149 / Tuesday, August 4, 2015 / Notices

Applicants’ Condition information that provides useful estimates of the burden of the proposed
The Applicants agree that any order insights on perceptions and opinions, collection of information; (c) ways to
granting the requested relief will be but are not statistical surveys that yield enhance the quality, utility, and clarity
subject to the following condition: quantitative results that can be of the information to be collected; and
Applicants will comply with the generalized to the population of study. (d) ways to minimize the burden of the
provisions of rules 6c–10, 12b–1, 17d– This feedback will provide insights into collection of information on
3, 18f–3, 22d–1, and, where applicable, customer or stakeholder perceptions, respondents, including through the use
11a–3 under the Act, as amended from experiences and expectations, provide of automated collection techniques or
time to time or replaced, as if those an early warning of issues with service, other forms of information technology.
rules applied to closed-end management or focus attention on areas where Consideration will be given to
investment companies, and will comply communication, training or changes in comments and suggestions submitted in
with the NASD Conduct Rule 2830, as operations might improve delivery of writing within 60 days of this
amended from time to time, as if that products or services. These collections publication.
rule applied to all closed-end will allow for ongoing, collaborative and An agency may not conduct or
management investment companies. actionable communications between the sponsor, and a person is not required to
Agency and its customers and respond to, a collection of information
For the Commission, by the Division of stakeholders. It will also allow feedback unless it displays a currently valid OMB
Investment Management, under delegated
to contribute directly to the control number.
authority.
improvement of program management. Please direct your written comments
Robert W. Errett, to: Pamela Dyson, Director/Chief
Feedback collected under this generic
Deputy Secretary. clearance will provide useful Information Officer, Securities and
[FR Doc. 2015–19018 Filed 8–3–15; 8:45 am] information, but it will not yield data Exchange Commission, c/o Remi Pavlik-
BILLING CODE 8011–01–P that can be generalized to the overall Simon, 100 F Street NE., Washington,
population. This type of generic DC 20549, or send an email to: PRA_
clearance for qualitative information Mailbox@sec.gov.
SECURITIES AND EXCHANGE will not be used for quantitative Dated: July 28, 2015.
COMMISSION information collections that are Robert W. Errett,
designed to yield reliably actionable
Proposed Collection; Comment Deputy Secretary.
results, such as monitoring trends over
Request [FR Doc. 2015–18885 Filed 8–3–15; 8:45 am]
time or documenting program
BILLING CODE 8011–01–P
ACTION: 60-Day notice of submission of performance. Such data uses require
information collection approval from more rigorous designs that address: the
the Office of Management and Budget target population to which
SECURITIES AND EXCHANGE
and request for comments. generalizations will be made, the
COMMISSION
sampling frame, the sample design
Upon Written Request Copies Available (including stratification and clustering), Proposed Collection; Comment
From: U.S. Securities and Exchange the precision requirements or power Request
Commission, Office of FOIA Services, calculations that justify the proposed
100 F Street NE., Washington, DC sample size, the expected response rate, Upon Written Request, Copy Available
20549–2736. methods for assessing potential non- From: Securities and Exchange
New Generic ICR: Generic Clearance for the response bias, the protocols for data Commission, Office of FOIA Services,
Collection of Qualitative Feedback on collection, and any testing procedures 100 F Street NE., Washington, DC
Agency Service Delivery. that were or will be undertaken prior 20549–2736.
SEC File No. 270–789, OMB Control No. fielding the study. Depending on the Extension:
3235–XXXX. degree of influence the results are likely Form N–8A. SEC File No. 270–135, OMB
SUMMARY: As part of a Federal to have, such collections may still be Control No. 3235–0175.
Government-wide effort to streamline eligible for submission for other generic Notice is hereby given that, pursuant
the process to seek feedback from the mechanisms that are designed to yield to the Paperwork Reduction Act of 1995
public on service delivery, the quantitative results. (44 U.S.C. 3501 et seq.), the Securities
Securities and Exchange Commission Below is the projected average and Exchange Commission (the
has submitted a Generic Information estimates for the next three years: ‘‘Commission’’) is soliciting comments
Collection Request (Generic ICR): Current Actions: New collection of
on the collection of information
‘‘Generic Clearance for the Collection of information.
Type of Review: New Collection. summarized below. The Commission
Qualitative Feedback on Agency Service plans to submit this existing collection
Expected Annual Number of
Delivery ’’ to OMB for approval under of information to the Office of
activities: [10].
the Paperwork Reduction Act (PRA) (44 Respondents: [20,000]. Management and Budget (‘‘OMB’’) for
U.S.C. 3501 et. seq.). Annual responses: [20,000]. extension and approval.
SUPPLEMENTARY INFORMATION: Frequency of Response: Once per The Investment Company Act of 1940
Title: Generic Clearance for the request. (‘‘Investment Company Act’’) (15 U.S.C.
Collection of Qualitative Feedback on Average minutes per response: [10]. 80a–1 et seq.) requires investment
Agency Service Delivery. Burden hours: [3500]. companies to register with the
tkelley on DSK3SPTVN1PROD with NOTICES

Abstract: The information collection Written comments are invited on: (a) Commission before they conduct any
activity will garner qualitative customer Whether the proposed collection of business in interstate commerce.
and stakeholder feedback in an efficient, information is necessary for the proper Section 8(a) of the Investment Company
timely manner, in accordance with the performance of the functions of the Act provides that an investment
Administration’s commitment to Commission, including whether the company shall be deemed to be
improving service delivery. By information shall have practical utility; registered upon receipt by the
qualitative feedback we mean (b) the accuracy of the Commission’s Commission of a notification of

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Federal Register / Vol. 80, No. 149 / Tuesday, August 4, 2015 / Notices 46369

registration in such form as the estimated cost burden to $449 to SECURITIES AND EXCHANGE
Commission prescribes. Form N–8A (17 account for the effects of inflation. COMMISSION
CFR 274.10) is the form for notification Therefore, we estimate that the total
of registration that the Commission has [Release No. 34–75547; File No. SR–BYX–
annual cost burden to associated with
adopted under section 8(a). The purpose 2015–33]
preparing and filing notifications of
of such notification of registration registration on Form N–8A is about Self-Regulatory Organizations; BATS
provided on Form N–8A is to notify the $41,308. Y-Exchange, Inc.; Notice of Filing and
Commission of the existence of Immediate Effectiveness of a Proposed
investment companies required to be Estimates of average burden hours
and costs are made solely for the Rule Change to Rule 11.13, Order
registered under the Investment Execution and Routing
Company Act and to enable the purposes of the Paperwork Reduction
Commission to administer the Act, and are not derived from a July 29, 2015.
provisions of the Investment Company comprehensive or even representative Pursuant to Section 19(b)(1) of the
Act with respect to those companies. survey or study of the costs of Securities Exchange Act of 1934 (the
After an investment company has filed Commission rules and forms. ‘‘Act’’),1 and Rule 19b–4 thereunder,2
its notification of registration under Compliance with the collection of notice is hereby given that on July 21,
section 8(a), the company is then subject information requirements of Form N–8A 2015, BATS Y-Exchange, Inc. (the
to the provisions of the Investment is mandatory. Responses to the ‘‘Exchange’’ or ‘‘BYX’’) filed with the
Company Act which govern certain collection of information will not be Securities and Exchange Commission
aspects of its organization and activities, kept confidential. An agency may not (‘‘Commission’’) the proposed rule
such as the composition of its board of conduct or sponsor, and a person is not change as described in Items I and II
directors and the issuance of senior required to respond to, a collection of below, which Items have been prepared
securities. Form N–8A requires an information unless it displays a by the Exchange. The Exchange has
investment company to provide its currently valid OMB control number. designated this proposal as a ‘‘non-
name, state of organization, form of controversial’’ proposed rule change
Written comments are invited on: (a)
organization, classification, the name pursuant to Section 19(b)(3)(A) of the
Whether the collection of information is
and address of each investment adviser Act3 and Rule 19b–4(f)(6)(iii)
of the investment company, the current necessary for the proper performance of
thereunder,4 which renders it effective
value of its total assets, and certain the functions of the Commission,
upon filing with the Commission. The
other information readily available to including whether the information has
Commission is publishing this notice to
the investment company. If the practical utility; (b) the accuracy of the solicit comments on the proposed rule
investment company is filing a Commission’s estimate of the burden of change from interested persons.
registration statement as required by the collection of information; (c) ways to
Section 8(b) of the Investment Company enhance the quality, utility, and clarity I. Self-Regulatory Organization’s
Act concurrently with its notification of of the information collected; and (d) Statement of the Terms of Substance of
registration, Form N–8A requires only ways to minimize the burden of the the Proposed Rule Change
that the registrant file the cover page collection of information on The Exchange filed a proposal to
(giving its name, address, and agent for respondents, including through the use amend Rule 11.13, Order Execution and
service of process) and sign the form in of automated collection techniques or Routing, to: (i) Delete references to the
order to effect registration. other forms of information technology. ROOC routing option; and (ii) update
Based on recent filings of notifications Consideration will be given to routing options IOCM and ICMT to
of registration on Form N–8A, we comments and suggestions submitted in reflect a recent proposed rule change by
estimate that about 92 investment writing within 60 days of this EDGX Exchange, Inc. (‘‘EDGX’’) in
companies file such notifications each publication. which EDGX replaced the MidPoint
year. An investment company must only Match Order with the MidPoint Peg
Please direct your written comments
file a notification of registration on Order.5
to Pamela Dyson, Director/Chief The text of the proposed rule change
Form N–8A once. The currently Information Officer, Securities and
approved average hour burden per is available at the Exchange’s Web site
Exchange Commission, C/O Remi at www.batstrading.com, at the
investment company of preparing and
Pavlik-Simon, 100 F Street NE., principal office of the Exchange, and at
filing a notification of registration on
Washington, DC 20549; or send an email the Commission’s Public Reference
Form N–8A is one hour. Based on the
Commission staff’s experience with the to: PRA_Mailbox@sec.gov. Room.
requirements of Form N–8A and with Dated: July 28, 2015. II. Self-Regulatory Organization’s
disclosure documents generally—and Robert W. Errett, Statement of the Purpose of, and
considering that investment companies Deputy Secretary. Statutory Basis for, the Proposed Rule
that are filing notifications of [FR Doc. 2015–18887 Filed 8–3–15; 8:45 am] Change
registration on Form N–8A
simultaneously with the registration BILLING CODE 8011–01–P In its filing with the Commission, the
statement under the Investment Exchange included statements
Company Act are only required by Form concerning the purpose of and basis for
N–8A to file a signed cover page—we the proposed rule change and discussed
any comments it received on the
tkelley on DSK3SPTVN1PROD with NOTICES

continue to believe that this estimate is
appropriate. Therefore, we estimate that 1 15 U.S.C. 78s(b)(1).
the total annual hour burden to prepare 2 17 CFR 240.19b–4.
and file notifications of registration on 3 15 U.S.C. 78s(b)(3)(A).
Form N–8A is 92 hours. The currently 4 17 CFR 240.19b–4(f)(6)(iii).
approved cost burden of Form N–8A is 5 See Securities Exchange Act Release No. 75479

$443 per filing. We are updating the (July 17, 2015) (SR–EDGX–2015–33).

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Document Created: 2015-12-18 14:51:26
Document Modified: 2015-12-18 14:51:26
Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		80 FR 46368