81_FR_31372 81 FR 31276 - Submission for OMB Review; Comment Request

81 FR 31276 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 96 (May 18, 2016)

Page Range31276-31276
FR Document2016-11639

Federal Register, Volume 81 Issue 96 (Wednesday, May 18, 2016)
[Federal Register Volume 81, Number 96 (Wednesday, May 18, 2016)]
[Notices]
[Page 31276]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-11639]


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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, 100 F Street NE., Washington, DC 
20549-2736

Extension: Rule 13e-1
    SEC File No. 270-255, OMB Control No. 3235-0305
    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 approved 
collection of information discussed below.
    Rule 13e-1 (17 CFR 240.13e-1) under the Securities Exchange Act of 
1934 (U.S.C. 78 et seq.) makes it unlawful for an issuer who has 
received notice that it is the subject of a tender offer made under 
Section 14(d)(1) of the Exchange Act to purchase any of its equity 
securities during the tender offer, unless it first files a statement 
with the Commission containing information required by the rule. This 
rule is in keeping with the Commission's statutory responsibility to 
prescribe rules and regulations that are necessary for the protection 
of investors. Public companies are the respondents. We estimate that it 
takes approximately 10 burden hours per response to provide the 
information required under Rule 13e-1 and that the information is filed 
by approximately 10 respondents. We estimate that 25% of the 10 hours 
per response (2.5 hours) is prepared by the company for a total annual 
reporting burden of 25 hours (2.5 hours per response x 10 responses).
    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 control number.
    The public may view the 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 send an email 
to: [email protected]. Comments must be submitted to OMB within 30 
days of this notice.

    Dated: May 12, 2016.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-11639 Filed 5-17-16; 8:45 am]
 BILLING CODE 8011-01-P



                                                31276                         Federal Register / Vol. 81, No. 96 / Wednesday, May 18, 2016 / Notices

                                                Rule 19b–4(f)(6)(iii) 25 permits the                    Paper Comments                                           SEC File No. 270–255, OMB Control No.
                                                Commission to designate a shorter time                                                                             3235–0305
                                                if such action is consistent with the                     • Send paper comments in triplicate
                                                                                                        to Secretary, Securities and Exchange                     Notice is hereby given that, pursuant
                                                protection of investors and the public                                                                         to the Paperwork Reduction Act of 1995
                                                interest. The Exchange has asked the                    Commission, 100 F Street NE.,
                                                                                                        Washington, DC 20549–1090.                             (44 U.S.C. 3501 et seq.), the Securities
                                                Commission to waive the 30-day                                                                                 and Exchange Commission
                                                operative delay so that the proposal may                All submissions should refer to File                   (‘‘Commission’’) has submitted to the
                                                become operative immediately upon                       Number SR-BatsEDGX–2016–17. This                       Office of Management and Budget this
                                                filing. The Exchange states that the                    file number should be included on the                  request for extension of the previously
                                                proposed rule change will benefit                       subject line if email is used. To help the             approved collection of information
                                                market participants by enhancing their                  Commission process and review your                     discussed below.
                                                ability to post liquidity at the NBBO,                  comments more efficiently, please use
                                                                                                        only one method. The Commission will                      Rule 13e–1 (17 CFR 240.13e–1) under
                                                and that waiver of the operative delay
                                                                                                        post all comments on the Commission’s                  the Securities Exchange Act of 1934
                                                may increase displayed liquidity at the
                                                                                                        Internet Web site (http://www.sec.gov/                 (U.S.C. 78 et seq.) makes it unlawful for
                                                NBBO on the Exchange, resulting in
                                                                                                        rules/sro.shtml). Copies of the                        an issuer who has received notice that
                                                improved market quality and price
                                                                                                        submission, all subsequent                             it is the subject of a tender offer made
                                                discovery for all participants in a timely
                                                                                                        amendments, all written statements                     under Section 14(d)(1) of the Exchange
                                                manner. Further, the Exchange notes
                                                                                                        with respect to the proposed rule                      Act to purchase any of its equity
                                                that the proposed rule change will not
                                                                                                        change that are filed with the                         securities during the tender offer, unless
                                                require any systems changes by
                                                                                                        Commission, and all written                            it first files a statement with the
                                                Exchange Users that would necessitate a
                                                                                                        communications relating to the                         Commission containing information
                                                delay, as the Exchange will now accept
                                                                                                        proposed rule change between the                       required by the rule. This rule is in
                                                and no longer reject Post Only Orders in
                                                                                                        Commission and any person, other than                  keeping with the Commission’s
                                                the situations described herein. Based
                                                                                                        those that may be withheld from the                    statutory responsibility to prescribe
                                                on the foregoing, the Commission
                                                                                                        public in accordance with the                          rules and regulations that are necessary
                                                believes that waiving the 30-day
                                                                                                        provisions of 5 U.S.C. 552, will be                    for the protection of investors. Public
                                                operative delay is consistent with the
                                                                                                        available for Web site viewing and                     companies are the respondents. We
                                                protection of investors and the public
                                                                                                        printing in the Commission’s Public                    estimate that it takes approximately 10
                                                interest.26 The Commission hereby
                                                                                                        Reference Room, 100 F Street NE.,                      burden hours per response to provide
                                                grants the Exchange’s request and
                                                                                                        Washington, DC 20549, on official                      the information required under Rule
                                                designates the proposal operative upon
                                                                                                        business days between the hours of                     13e–1 and that the information is filed
                                                filing.
                                                                                                        10:00 a.m. and 3:00 p.m. Copies of such                by approximately 10 respondents. We
                                                   At any time within 60 days of the
                                                                                                        filing will also be available for                      estimate that 25% of the 10 hours per
                                                filing of the proposed rule change, the
                                                                                                        inspection and copying at the principal                response (2.5 hours) is prepared by the
                                                Commission summarily may
                                                                                                        office of the Exchange. All comments                   company for a total annual reporting
                                                temporarily suspend such rule change if
                                                                                                        received will be posted without change;                burden of 25 hours (2.5 hours per
                                                it appears to the Commission that such
                                                                                                        the Commission does not edit personal                  response × 10 responses).
                                                action is necessary or appropriate in the
                                                public interest, for the protection of                  identifying information from                              An agency may not conduct or
                                                investors, or otherwise in furtherance of               submissions. You should submit only                    sponsor, and a person is not required to
                                                the purposes of the Act. If the                         information that you wish to make                      respond to, a collection of information
                                                Commission takes such action, the                       available publicly. All submissions                    unless it displays a currently valid
                                                Commission shall institute proceedings                  should refer to File Number SR–                        control number.
                                                to determine whether the proposed rule                  BatsEDGX–2016–17 and should be                            The public may view the background
                                                should be approved or disapproved.                      submitted on or before June 8, 2016.                   documentation for this information
                                                IV. Solicitation of Comments                              For the Commission, by the Division of               collection at the following Web site,
                                                                                                        Trading and Markets, pursuant to delegated             www.reginfo.gov. Comments should be
                                                  Interested persons are invited to                     authority.27                                           directed to: (i) Desk Officer for the
                                                submit written data, views, and                         Robert W. Errett,                                      Securities and Exchange Commission,
                                                arguments concerning the foregoing,                     Deputy Secretary.                                      Office of Information and Regulatory
                                                including whether the proposed rule                     [FR Doc. 2016–11642 Filed 5–17–16; 8:45 am]            Affairs, Office of Management and
                                                change is consistent with the Act.                      BILLING CODE 8011–01–P                                 Budget, Room 10102, New Executive
                                                Comments may be submitted by any of                                                                            Office Building, Washington, DC 20503,
                                                the following methods:                                                                                         or by sending an email to: Shagufta_
                                                Electronic Comments                                     SECURITIES AND EXCHANGE                                Ahmed@omb.eop.gov; and (ii) Pamela
                                                                                                        COMMISSION                                             Dyson, Director/Chief Information
                                                  • Use the Commission’s Internet                                                                              Officer, Securities and Exchange
                                                comment form (http://www.sec.gov/                       Submission for OMB Review;                             Commission, c/o Remi Pavlik-Simon,
                                                rules/sro.shtml); or                                    Comment Request                                        100 F Street NE., Washington, DC 20549
                                                  • Send an email to rule-comments@                                                                            or send an email to: PRA_Mailbox@
                                                sec.gov. Please include File Number SR–                 Upon Written Request Copies Available                  sec.gov. Comments must be submitted to
sradovich on DSK3TPTVN1PROD with NOTICES




                                                BatsEDGX–2016–17 on the subject line.                    From: Securities and Exchange                         OMB within 30 days of this notice.
                                                                                                         Commission, Office of FOIA Services,
                                                  25 17                                                  100 F Street NE., Washington, DC                        Dated: May 12, 2016.
                                                        CFR 240.19b–4(f)(6)(iii).
                                                  26 For purposes only of waiving the 30-day             20549–2736                                            Robert W. Errett,
                                                operative delay, the Commission has also                Extension: Rule 13e–1                                  Deputy Secretary.
                                                considered the proposed rule’s impact on
                                                                                                                                                               [FR Doc. 2016–11639 Filed 5–17–16; 8:45 am]
                                                efficiency, competition, and capital formation. See
                                                15 U.S.C. 78c(f).                                         27 17   CFR 200.30–3(a)(12).                         BILLING CODE 8011–01–P




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Document Created: 2016-05-18 00:06:54
Document Modified: 2016-05-18 00:06:54
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 Citation81 FR 31276 

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