80 FR 76601 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 236 (December 9, 2015)

Page Range		76601-76601
FR Document		2015-30866
Federal Register, Volume 80 Issue 236 (Wednesday, December 9, 2015)
[Federal Register Volume 80, Number 236 (Wednesday, December 9, 2015)]
[Notices]
[Page 76601]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-30866]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; Comment Request

Upon Written Request Copies Available From: Securities and Exchange 
Commission, Office of Investor Education and Advocacy, Washington, DC 
20549-0213.

Extension: Rules 6a-1 and 6a-2, Form 1.
    SEC File No. 270-0017, OMB Control No. 3235-0017.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.) (``PRA''), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the existing 
collection of information provided for in Rule 6a-1 (17 CFR 240.6-1), 
Rule 6-2 (17 CFR 240.6-2), and Form 1 (17 CFR 249.1) under the 
Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (``Exchange 
Act'' or Act''). The Commission plans to submit this existing 
collection of information to the Office of Management and Budget 
(``OMB'') for extension and approval.
    The Exchange Act sets forth a regulatory scheme for national 
securities exchanges. Rule 6-1 under the Act generally requires an 
applicant for initial registration as a national securities exchange to 
file an application with the Commission on Form 1. An exchange that 
seeks an exemption from registration based on limited trading volume 
also must apply for such exemption on Form 1. Rule 6-2 under the Act 
requires registered and exempt exchanges: (1) To amend the Form 1 if 
there are any material changes to the information provided in the 
initial Form 1; and (2) to submit periodic updates of certain 
information provided in the initial Form 1, whether such information 
has changed or not. The information required pursuant to Rules 6-1 and 
6-2 is necessary to enable the Commission to maintain accurate files 
regarding the exchange and to exercise its statutory oversight 
functions. Without the information submitted pursuant to Rule 6-1 on 
Form 1, the Commission would not be able to determine whether the 
respondent has met the criteria for registration (or an exemption from 
registration) set forth in Section 6 of the Exchange Act. The 
amendments and periodic updates of information submitted pursuant to 
Rule 6-2 are necessary to assist the Commission in determining whether 
a national securities exchange or exempt exchange is continuing to 
operate in compliance with the Exchange Act.
    Initial filings on Form 1 by new exchanges are made on a one-time 
basis. The Commission estimates that it will receive approximately one 
initial Form 1 filing per year and that each respondent would incur an 
average burden of 880 hours to file an initial Form 1 at an average 
internal labor cost per response of approximately $302,694. Therefore, 
the Commission estimates that the annual burden for all respondents to 
file the initial Form 1 would be 880 hours (one response/respondent x 
one respondents x 880 hours/response) and an internal cost of 
compliance of $302,694 (one response/respondent x one respondents x 
$302,694/response).
    There currently are 18 entities registered as national securities 
exchanges. The Commission estimates that each registered or exempt 
exchange files nine amendments or periodic updates to Form 1 per year, 
incurring an average burden of 25 hours to comply with Rule 6-2. The 
SEC estimates that the average internal labor cost for a national 
securities exchange per response would be approximately $9,445. The 
Commission estimates that the annual burden for all respondents to file 
amendments and periodic updates to the Form 1 pursuant to Rule 6-2 is 
4,050 hours (18 respondents x 25 hours/response x nine responses/
respondent per year) and an internal cost of compliance of $1,530,090 
(18 respondents x $9,445/response x nine responses/respondent per 
year).
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the Commission, including whether the information 
shall have practical utility; (b) the accuracy of the Commission's 
estimate of the burden of the proposed collection of information; (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 
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.
    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.
    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: December 2, 2015.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-30866 Filed 12-8-15; 8:45 am]
BILLING CODE 8011-01-P
Federal Register / Vol. 80, No. 236 / Wednesday, December 9, 2015 / Notices 76601

file number should be included on the on the existing collection of information that each registered or exempt exchange
subject line if email is used. To help the provided for in Rule 6a–1 (17 CFR files nine amendments or periodic
Commission process and review your 240.6–1), Rule 6–2 (17 CFR 240.6–2), updates to Form 1 per year, incurring an
comments more efficiently, please use and Form 1 (17 CFR 249.1) under the average burden of 25 hours to comply
only one method. The Commission will Securities Exchange Act of 1934 (15 with Rule 6–2. The SEC estimates that
post all comments on the Commission’s U.S.C. 78a et seq.) (‘‘Exchange Act’’ or the average internal labor cost for a
Internet Web site (http://www.sec.gov/ Act’’). The Commission plans to submit national securities exchange per
rules/sro.shtml). Copies of the this existing collection of information to response would be approximately
submission, all subsequent the Office of Management and Budget $9,445. The Commission estimates that
amendments, all written statements (‘‘OMB’’) for extension and approval.
the annual burden for all respondents to
with respect to the proposed rule The Exchange Act sets forth a
regulatory scheme for national securities file amendments and periodic updates
change that are filed with the to the Form 1 pursuant to Rule 6–2 is
Commission, and all written exchanges. Rule 6–1 under the Act
generally requires an applicant for 4,050 hours (18 respondents x 25 hours/
communications relating to the
initial registration as a national response x nine responses/respondent
proposed rule change between the
Commission and any person, other than securities exchange to file an per year) and an internal cost of
those that may be withheld from the application with the Commission on compliance of $1,530,090 (18
public in accordance with the Form 1. An exchange that seeks an respondents x $9,445/response x nine
provisions of 5 U.S.C. 552, will be exemption from registration based on responses/respondent per year).
available for Web site viewing and limited trading volume also must apply Written comments are invited on: (a)
printing in the Commission’s Public for such exemption on Form 1. Rule 6– Whether the proposed collection of
Reference Room, 100 F Street NE., 2 under the Act requires registered and information is necessary for the proper
Washington, DC 20549 on official exempt exchanges: (1) To amend the performance of the functions of the
business days between the hours of Form 1 if there are any material changes
Commission, including whether the
10:00 a.m. and 3:00 p.m. Copies of the to the information provided in the
information shall have practical utility;
filing also will be available for initial Form 1; and (2) to submit
periodic updates of certain information (b) the accuracy of the Commission’s
inspection and copying at the principal estimate of the burden of the proposed
offices of the Exchange. All comments provided in the initial Form 1, whether
such information has changed or not. collection of information; (c) ways to
received will be posted without change; enhance the quality, utility, and clarity
the Commission does not edit personal The information required pursuant to
Rules 6–1 and 6–2 is necessary to enable of the information to be collected; and
identifying information from
the Commission to maintain accurate (d) ways to minimize the burden of the
submissions. You should submit only
files regarding the exchange and to collection of information on
information that you wish to make
exercise its statutory oversight respondents, including through the use
available publicly. All submissions
should refer to File Number SR– functions. Without the information of automated collection techniques or
NYSEMKT–2015–96, and should be submitted pursuant to Rule 6–1 on Form other forms of information technology.
submitted on or before December 30, 1, the Commission would not be able to Consideration will be given to
2015. determine whether the respondent has comments and suggestions submitted in
met the criteria for registration (or an writing within 60 days of this
For the Commission, by the Division of exemption from registration) set forth in
Trading and Markets, pursuant to delegated
publication.
Section 6 of the Exchange Act. The
authority.18
amendments and periodic updates of An agency may not conduct or
Robert W. Errett, information submitted pursuant to Rule sponsor, and a person is not required to
Deputy Secretary. 6–2 are necessary to assist the respond to, a collection of information
[FR Doc. 2015–30945 Filed 12–8–15; 8:45 am] Commission in determining whether a under the PRA unless it displays a
BILLING CODE 8011–01–P national securities exchange or exempt currently valid OMB control number.
exchange is continuing to operate in Please direct your written comments
compliance with the Exchange Act. to: Pamela Dyson, Director/Chief
SECURITIES AND EXCHANGE Initial filings on Form 1 by new Information Officer, Securities and
COMMISSION exchanges are made on a one-time basis. Exchange Commission, c/o Remi Pavlik-
The Commission estimates that it will Simon, 100 F Street NE., Washington,
Proposed Collection; Comment receive approximately one initial Form
Request DC 20549, or send an email to: PRA_
1 filing per year and that each
Mailbox@sec.gov.
Upon Written Request Copies Available respondent would incur an average
burden of 880 hours to file an initial Dated: December 2, 2015.
From: Securities and Exchange
Commission, Office of Investor Form 1 at an average internal labor cost Robert W. Errett,
Education and Advocacy, per response of approximately $302,694. Deputy Secretary.
Washington, DC 20549–0213. Therefore, the Commission estimates [FR Doc. 2015–30866 Filed 12–8–15; 8:45 am]
that the annual burden for all
Extension: Rules 6a–1 and 6a–2, Form 1. BILLING CODE 8011–01–P
respondents to file the initial Form 1
SEC File No. 270–0017, OMB Control No. would be 880 hours (one response/
3235–0017.
mstockstill on DSK4VPTVN1PROD with NOTICES

respondent x one respondents x 880
Notice is hereby given that pursuant hours/response) and an internal cost of
to the Paperwork Reduction Act of 1995 compliance of $302,694 (one response/
(44 U.S.C. 3501 et seq.) (‘‘PRA’’), the respondent x one respondents x
Securities and Exchange Commission $302,694/response).
(‘‘Commission’’) is soliciting comments There currently are 18 entities
registered as national securities
18 17 CFR 200.30–3(a)(12), (59). exchanges. The Commission estimates

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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 76601