81 FR 35116 - Self-Regulatory Organizations; Bats BYX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.23, Opening Process
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 81, Issue 105 (June 1, 2016)
Federal Register Volume 81, Issue 105 (June 1, 2016)
| Page Range | 35116-35118 | |
| FR Document | 2016-12781 |
[Federal Register Volume 81, Number 105 (Wednesday, June 1, 2016)] [Notices] [Pages 35116-35118] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-12781] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-77919; File No. SR-BatsBYX-2016-09] Self-Regulatory Organizations; Bats BYX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.23, Opening Process May 25, 2016. 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 May 20, 2016, Bats BYX Exchange, Inc. (the ``Exchange'' or ``BYX'') filed with the Securities and Exchange Commission (``Commission'') the proposed rule change as described in Items I and II below, which Items have been prepared by the Exchange. The Exchange has designated this proposal as a ``non-controversial'' proposed rule change pursuant to Section 19(b)(3)(A) of the Act \3\ and Rule 19b- 4(f)(6)(iii) thereunder,\4\ which renders it effective upon filing with the Commission. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. --------------------------------------------------------------------------- \1\ 15 U.S.C. 78s(b)(1). \2\ 17 CFR 240.19b-4. \3\ 15 U.S.C. 78s(b)(3)(A). \4\ 17 CFR 240.19b-4(f)(6)(iii). --------------------------------------------------------------------------- I. Self-Regulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change The Exchange filed a proposal to amend Rule 11.23, Opening Process, to await a two-sided quotation from the listing exchange prior to opening a security for trading during Regular Trading Hours.\5\ --------------------------------------------------------------------------- \5\ See Exchange Rule 1.5(w). --------------------------------------------------------------------------- The text of the proposed rule change is available at the Exchange's Web site at www.batstrading.com, at the principal office of the Exchange, 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 forth in Sections A, B, and C below, of the most significant parts of such statements. A. Self-Regulatory Organization's Statement of the Purpose of, and the Statutory Basis for, the Proposed Rule Change 1. Purpose The Exchange proposes to amend Rule 11.23, Opening Process, to await a two-sided quotation from the listing exchange prior to opening a security for trading during Regular Trading Hours. Exchange Rule 11.23 describes the Exchange's current opening process. Subparagraph (a) to Rule 11.23 states that prior to the beginning of the Regular Trading Hours, Users \6\ who wish to participate in the Opening Process may enter orders to buy or sell.\7\ Subparagraph (a)(2) to Rule 11.23 provides that, with certain exceptions,\8\ all orders with a time-in-force instruction of Regular Hours Only may participate in the Opening Process. Subparagraph (b) to Rule 11.23 states that the Exchange will open by performing the Opening Process in which the System will attempt to match buy and sell orders that are executable at the midpoint of the National Best Bid and Offer (``NBBO''). Subparagraph (c) to Exchange Rule 11.23 sets forth the process by which the System sets the opening price of the Opening Process. Currently, the System \9\ sets the price of the Opening Process at the midpoint of the first NBBO after 9:30:00 a.m. Eastern Time. However, for securities listed on either the New York Stock Exchange, Inc. (``NYSE'') or NYSE MKT LLC (``NYSE MKT''), the System currently sets the price of the Opening Process at the midpoint of the first NBBO subsequent to the first reported trade on the listing exchange after 9:30:00 a.m. Eastern Time. The Exchange may alternatively set the price of the Opening Process for securities listed on either the NYSE or NYSE MKT at the midpoint of the then prevailing NBBO when the first two-sided quotation published by the relevant listing exchange after 9:30:00 a.m. Eastern Time, but before 9:45:00 a.m. Eastern Time if no first trade is reported by the listing exchange within one second of publication of the first two-sided quotation by the listing exchange. The System waits to set the price at the midpoint of the first NBBO as set forth above because securities listed on the NYSE or NYSE MKT may not open at precisely 9:30:00 a.m. Eastern Time. --------------------------------------------------------------------------- \6\ See Exchange Rule 1.5(cc). \7\ Orders cancelled prior to the Opening Process will not participate in the Opening Process. \8\ The following order types and instruction may not participate in the opening process: (i) BYX Post Only Orders, Partial Post Only at Limit Orders, ISOs not modified by Rule 11.23(a)(1) above, and Minimum Quantity Orders. See Exchange Rule 11.23(a)(2). Limit orders with a Reserve Quantity may participate to the full extent of their displayed size and Reserve Quantity. Id. Discretionary Orders may participate only up to their ranked price for buy orders or down to their ranked price for sell orders. Id. The discretionary range of such orders will not be eligible for participation in the Opening Process. Id. All Pegged Orders and Mid- Point Peg Orders, as defined in Rule 11.9(c)(8) and (9), will be eligible for execution in the Opening Process based on their pegged prices. Id. \9\ See Exchange Rule 1.5(aa). --------------------------------------------------------------------------- Pursuant to subparagraph (b) of Rule 11.23, all orders executable at the midpoint of the NBBO will continue to be processed in time sequence, beginning with the order with the oldest time stamp. Matches occur until there are no remaining contra-side orders or there is an imbalance of orders. An imbalance of orders may result in orders that cannot be executed in whole or in part. Any unexecuted orders may then be placed by the System on the BYX Book,\10\ cancelled, executed, or routed to away Trading Centers in accordance with the Users' instructions pursuant to Exchange Rule 11.13(a)(2). --------------------------------------------------------------------------- \10\ The term ``BYX Book'' is defined as ``the System's electronic file of orders.'' See Exchange Rule 1.5(e). --------------------------------------------------------------------------- The Exchange proposes to amend subparagraph (c) to Rule 11.23 to now await a two-sided quotation from the listing exchange prior to opening a security for trading during Regular Trading Hours. As amended, subparagraph (c)(2) to Rule 11.23 would state that the System would set the price of the Opening Process at the midpoint of the first NBBO subsequent to the first two-sided quotation published by the listing exchange after 9:30:00 a.m. Eastern Time. For securities listed on either the NYSE or NYSE MKT, subparagraph (c)(1)(i) to Rule 11.23 would state that the System would set the price of the Opening Process at the midpoint of the first NBBO subsequent to the first reported trade and first [[Page 35117]] reported quotation on the listing exchange after 9:30:00 a.m. Eastern Time. Pursuant to subparagraph (c)(1)(i) to Rule 11.23, the Exchange will utilize the existing NBBO to calculate each security's opening price once a trade and two-sided quotation are received from the listing exchange, regardless of the order in which the trade or quotation are received. The Exchange believes the proposed rule change will enable the listing market's quotation to be incorporated into the NBBO, which the Exchange would, in turn, utilize in its calculation of the midpoint of the NBBO. The Exchange believes doing so would result in an opening price that more closely reflect the opening market prices and conditions for that security. Under subparagraph (c)(1)(ii) to Rule 11.23, the Exchange will continue to alternatively set the price of the Opening Process for securities listed on either the NYSE or NYSE MKT at the midpoint of the then prevailing NBBO when the first two-sided quotation published by the relevant listing exchange after 9:30:00 a.m. Eastern Time, but before 9:45:00 a.m. Eastern Time if no first trade is reported by the listing exchange within one second of publication of the first two-sided quotation by the listing exchange. 2. Statutory Basis The Exchange believes that its proposal is consistent with Section 6(b) of the Act \11\ in general, and furthers the objectives of Section 6(b)(5) of the Act \12\ in particular, in that it is designed to promote just and equitable principles of trade, to foster cooperation and coordination with persons engaged in facilitating transactions in securities, to remove impediments to and perfect the mechanism of a free and open market and a national market system and, in general, to protect investors and the public interest. The Exchange believes the proposed rule change will promote just and equitable principles of trade, removes impediments to, and perfect the mechanism of, a free and open market and a national market system because it enables the System to execute the Opening Process at a price that is objectively established by the market for the security. The proposal would enable the listing market's quotation to be incorporated into the NBBO, which the Exchange would, in turn, utilize in its calculation of the midpoint of the NBBO. The Exchange believes doing so would result in an opening price that more closely reflect the opening market prices and conditions for that security. Therefore, the Exchange believes the proposed rule change promotes just and equitable principles of trade because it ensures a midpoint price that the Exchange believes would accurately reflect the market for the security. --------------------------------------------------------------------------- \11\ 15 U.S.C. 78f(b). \12\ 15 U.S.C. 78f(b)(5). --------------------------------------------------------------------------- B. Self-Regulatory Organization's Statement on Burden on Competition The Exchange does not believe that the proposal will impose any burden on competition not necessary or appropriate in furtherance of the purposes of the Act. The proposed rule change will enable the Exchange to incorporate the listing market's quotation into its calculation of the midpoint of the NBBO, resulting in an opening price that would more closely reflect the opening market prices and conditions for that security. Therefore, the Exchange believes the proposed rule change will promote competition by enhancing the quality of the Exchange's opening process. C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others The Exchange has neither solicited nor received written comments on the proposed rule change. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action Because the proposed rule change does not (i) significantly affect the protection of investors or the public interest; (ii) impose any significant burden on competition; and (iii) become operative for 30 days from the date on which it was filed, or such shorter time as the Commission may designate, it has become effective pursuant to Section 19(b)(3)(A) of the Act \13\ and Rule 19b-4(f)(6) thereunder.\14\ --------------------------------------------------------------------------- \13\ 15 U.S.C. 78s(b)(3)(A). \14\ 17 CFR 240.19b-4(f)(6). As required under Rule 19b- 4(f)(6)(iii), the Exchange provided the Commission with written notice of its intent to file the proposed rule change, along with a brief description and the text of the proposed rule change, at least five business days prior to the date of filing of the proposed rule change, or such shorter time as designated by the Commission. --------------------------------------------------------------------------- A proposed rule change filed pursuant to Rule 19b-4(f)(6) under the Act \15\ normally does not become operative for 30 days after the date of its filing. However, Rule 19b-4(f)(6)(iii) \16\ permits the Commission to designate a shorter time if such action is consistent with the protection of investors and the public interest. The Exchange has asked the Commission to waive the 30-day operative delay so that the proposal may become operative immediately upon filing. The Exchange states that waiver of the 30-day operative delay would allow market participants to immediately realize the benefits of what may be more accurate opening prices. Based on the foregoing, the Commission believes the waiver of the operative delay is consistent with the protection of investors and the public interest. Therefore, the Commission hereby waives the operative delay and designates the proposal operative upon filing.\17\ --------------------------------------------------------------------------- \15\ 17 CFR 240.19b-4(f)(6). \16\ 17 CFR 240.19b-4(f)(6)(iii). \17\ For purposes only of waiving the 30-day operative delay, the Commission has also considered the proposed rule's impact on efficiency, competition, and capital formation. See 15 U.S.C. 78c(f). --------------------------------------------------------------------------- At any time within 60 days of the filing of the proposed rule change, the Commission summarily may temporarily suspend such rule change if it appears to the Commission that such action is necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act. If the Commission takes such action, the Commission shall institute proceedings to determine whether the proposed rule change should be approved or disapproved. IV. Solicitation of Comments Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule change is consistent with the Act. Comments may be submitted by any of the following methods: Electronic CommentsUse the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or Send an email to [email protected]. Please include File No. SR-BatsBYX-2016-09 on the subject line. Paper Comments Send paper comments in triplicate to Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090. All submissions should refer to File No. SR-BatsBYX-2016-09. This file number should be included on the subject line if email is used. To help the Commission process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission's Internet Web site (http://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the proposed rule [[Page 35118]] change that are filed with the Commission, and all written communications relating to the proposed rule change between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for Web site viewing and printing in the Commission's Public Reference Room, 100 F Street NE., Washington, DC 20549, on official business days between the hours of 10:00 a.m. and 3:00 p.m. Copies of the filing also will be available for inspection and copying at the principal office of the Exchange. All comments received will be posted without change; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File No. SR-BatsBYX-2016-09, and should be submitted on or before June 22, 2016. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\18\ --------------------------------------------------------------------------- \18\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Brent J. Fields, Secretary. [FR Doc. 2016-12781 Filed 5-31-16; 8:45 am] BILLING CODE 8011-01-P
![35116 Federal Register / Vol. 81, No. 105 / Wednesday, June 1, 2016 / Notices
reasons stated above, the Commission the Commission’s Public Reference Currently, the System 9 sets the price of
designates July 11, 2016 as the date by Room. the Opening Process at the midpoint of
which the Commission should either the first NBBO after 9:30:00 a.m. Eastern
II. Self-Regulatory Organization’s
approve or disapprove, or institute Time. However, for securities listed on
Statement of the Purpose of, and
proceedings to determine whether to either the New York Stock Exchange,
Statutory Basis for, the Proposed Rule
disapprove, the proposed rule change Inc. (‘‘NYSE’’) or NYSE MKT LLC
Change
(File No. SR–NYSEMKT–2016–42). (‘‘NYSE MKT’’), the System currently
In its filing with the Commission, the sets the price of the Opening Process at
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
Exchange included statements the midpoint of the first NBBO
authority.6 concerning the purpose of and basis for subsequent to the first reported trade on
Brent J. Fields,
the proposed rule change and discussed the listing exchange after 9:30:00 a.m.
any comments it received on the Eastern Time. The Exchange may
Secretary.
proposed rule change. The text of these alternatively set the price of the
[FR Doc. 2016–12773 Filed 5–31–16; 8:45 am] statements may be examined at the Opening Process for securities listed on
BILLING CODE 8011–01–P places specified in Item IV below. The either the NYSE or NYSE MKT at the
Exchange has prepared summaries, set midpoint of the then prevailing NBBO
forth in Sections A, B, and C below, of when the first two-sided quotation
SECURITIES AND EXCHANGE the most significant parts of such
COMMISSION published by the relevant listing
statements. exchange after 9:30:00 a.m. Eastern
[Release No. 34–77919; File No. SR– Time, but before 9:45:00 a.m. Eastern
A. Self-Regulatory Organization’s
BatsBYX–2016–09] Time if no first trade is reported by the
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule listing exchange within one second of
Self-Regulatory Organizations; Bats
Change publication of the first two-sided
BYX Exchange, Inc.; Notice of Filing
quotation by the listing exchange. The
and Immediate Effectiveness of a 1. Purpose System waits to set the price at the
Proposed Rule Change to Rule 11.23,
The Exchange proposes to amend midpoint of the first NBBO as set forth
Opening Process
Rule 11.23, Opening Process, to await a above because securities listed on the
May 25, 2016. two-sided quotation from the listing NYSE or NYSE MKT may not open at
Pursuant to Section 19(b)(1) of the exchange prior to opening a security for precisely 9:30:00 a.m. Eastern Time.
Securities Exchange Act of 1934 (the trading during Regular Trading Hours. Pursuant to subparagraph (b) of Rule
‘‘Act’’),1 and Rule 19b–4 thereunder,2 Exchange Rule 11.23 describes the 11.23, all orders executable at the
notice is hereby given that on May 20, Exchange’s current opening process. midpoint of the NBBO will continue to
2016, Bats BYX Exchange, Inc. (the Subparagraph (a) to Rule 11.23 states be processed in time sequence,
‘‘Exchange’’ or ‘‘BYX’’) filed with the that prior to the beginning of the beginning with the order with the oldest
Securities and Exchange Commission Regular Trading Hours, Users 6 who time stamp. Matches occur until there
(‘‘Commission’’) the proposed rule wish to participate in the Opening are no remaining contra-side orders or
change as described in Items I and II Process may enter orders to buy or sell.7 there is an imbalance of orders. An
below, which Items have been prepared Subparagraph (a)(2) to Rule 11.23 imbalance of orders may result in orders
by the Exchange. The Exchange has provides that, with certain exceptions,8 that cannot be executed in whole or in
designated this proposal as a ‘‘non- all orders with a time-in-force part. Any unexecuted orders may then
controversial’’ proposed rule change instruction of Regular Hours Only may be placed by the System on the BYX
pursuant to Section 19(b)(3)(A) of the participate in the Opening Process. Book,10 cancelled, executed, or routed
Act 3 and Rule 19b–4(f)(6)(iii) Subparagraph (b) to Rule 11.23 states to away Trading Centers in accordance
thereunder,4 which renders it effective that the Exchange will open by with the Users’ instructions pursuant to
upon filing with the Commission. The performing the Opening Process in Exchange Rule 11.13(a)(2).
Commission is publishing this notice to which the System will attempt to match The Exchange proposes to amend
solicit comments on the proposed rule buy and sell orders that are executable subparagraph (c) to Rule 11.23 to now
change from interested persons. at the midpoint of the National Best Bid await a two-sided quotation from the
and Offer (‘‘NBBO’’). Subparagraph (c) listing exchange prior to opening a
I. Self-Regulatory Organization’s to Exchange Rule 11.23 sets forth the security for trading during Regular
Statement of the Terms of Substance of process by which the System sets the Trading Hours. As amended,
the Proposed Rule Change opening price of the Opening Process. subparagraph (c)(2) to Rule 11.23 would
The Exchange filed a proposal to state that the System would set the price
6 See Exchange Rule 1.5(cc).
amend Rule 11.23, Opening Process, to of the Opening Process at the midpoint
7 Orders cancelled prior to the Opening Process
await a two-sided quotation from the of the first NBBO subsequent to the first
will not participate in the Opening Process.
listing exchange prior to opening a 8 The following order types and instruction may
two-sided quotation published by the
security for trading during Regular not participate in the opening process: (i) BYX Post listing exchange after 9:30:00 a.m.
Trading Hours.5 Only Orders, Partial Post Only at Limit Orders, ISOs Eastern Time. For securities listed on
The text of the proposed rule change not modified by Rule 11.23(a)(1) above, and either the NYSE or NYSE MKT,
Minimum Quantity Orders. See Exchange Rule
is available at the Exchange’s Web site 11.23(a)(2). Limit orders with a Reserve Quantity
subparagraph (c)(1)(i) to Rule 11.23
at www.batstrading.com, at the may participate to the full extent of their displayed would state that the System would set
sradovich on DSK3TPTVN1PROD with NOTICES
principal office of the Exchange, and at size and Reserve Quantity. Id. Discretionary Orders the price of the Opening Process at the
may participate only up to their ranked price for midpoint of the first NBBO subsequent
buy orders or down to their ranked price for sell
6 17 CFR 200.30–3(a)(31).
orders. Id. The discretionary range of such orders
to the first reported trade and first
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
will not be eligible for participation in the Opening
9 SeeExchange Rule 1.5(aa).
Process. Id. All Pegged Orders and Mid-Point Peg
3 15 U.S.C. 78s(b)(3)(A). 10 The
Orders, as defined in Rule 11.9(c)(8) and (9), will term ‘‘BYX Book’’ is defined as ‘‘the
4 17 CFR 240.19b–4(f)(6)(iii).
be eligible for execution in the Opening Process System’s electronic file of orders.’’ See Exchange
5 See Exchange Rule 1.5(w). based on their pegged prices. Id. Rule 1.5(e).
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![35118 Federal Register / Vol. 81, No. 105 / Wednesday, June 1, 2016 / Notices
change that are filed with the Regulatory Affairs, Office of on a first-come basis. Members of the
Commission, and all written Management and Budget, New public wishing to attend the meeting
communications relating to the Executive Office Building, Washington, will need to show photo identification
proposed rule change between the DC 20503. in order to gain access to the meeting
Commission and any person, other than FOR FURTHER INFORMATION CONTACT: location.
those that may be withheld from the Curtis Rich, Agency Clearance Officer, FOR FURTHER INFORMATION CONTACT: The
public in accordance with the (202) 205–7030 curtis.rich@sba.gov. BOV’s Designated Federal Officer or
provisions of 5 U.S.C. 552, will be Copies: A copy of the Form OMB 83– Point of Contact Brian Blower; 202 366–
available for Web site viewing and 1, supporting statement, and other 2765; Brian.Blower@dot.gov.
printing in the Commission’s Public documents submitted to OMB for SUPPLEMENTARY INFORMATION: Any
Reference Room, 100 F Street NE., review may be obtained from the member of the public is permitted to file
Washington, DC 20549, on official Agency Clearance Officer. a written statement with the Academy
business days between the hours of SUPPLEMENTARY INFORMATION: The Small BOV. Written statements should be sent
10:00 a.m. and 3:00 p.m. Copies of the Business Regulatory Enforcement to the Designated Federal Officer at:
filing also will be available for Fairness Act of 1996, 15 U.S.C. Sec. Brian Blower; 1200 New Jersey Ave. SE.,
inspection and copying at the principal 657(b)(2)(B), requires the SBA National W28–313, Washington, DC 20590 or via
office of the Exchange. All comments Ombudsman to establish a means for email at Brian.Blower@Dot.gov. (Please
received will be posted without change; SBA to receive comments on regulatory contact the Designated Federal Officer
the Commission does not edit personal and compliance actions from small for information on submitting comments
identifying information from entities regarding their disagreements via fax.) Written statements must be
submissions. You should submit only with a Federal Agency action. The received no later than three working
information that you wish to make Ombudsman uses it to obtain the days prior to the next meeting in order
available publicly. All submissions agency’s response, encourage a fresh to provide time for member
should refer to File No. SR–BatsBYX– look by the agency at a high level, and consideration. By rule, no member of
2016–09, and should be submitted on or build a more small business-friendly the public attending open meetings will
before June 22, 2016. regulatory environment. be allowed to present questions from the
For the Commission, by the Division of Solicitation of Public Comments: floor or speak to any issue under
Trading and Markets, pursuant to delegated Title: Federal Agency Comment Form. consideration by the BOV.
authority.18 Description of Respondents: Small
Authority: 46 U.S.C. 51312; 5 U.S.C. app.
Brent J. Fields, Entities. 552b; 41 CFR 102–3.140 through 102–3.165.
Secretary. Form Number: 1993.
[FR Doc. 2016–12781 Filed 5–31–16; 8:45 am] Estimated Annual Responses: 340. By Order of the Maritime Administrator.
BILLING CODE 8011–01–P Estimated Annual Hour Burden: 263. Dated: May 26, 2016.
Curtis B. Rich, T. Mitchell Hudson, Jr.,
Management Analyst. Secretary, Maritime Administration.
SMALL BUSINESS ADMINISTRATION [FR Doc. 2016–12741 Filed 5–31–16; 8:45 am] [FR Doc. 2016–12833 Filed 5–31–16; 8:45 am]
BILLING CODE 8025–01–P BILLING CODE 4910–81–P
Reporting and Recordkeeping
Requirements Under OMB Review
AGENCY: Small Business Administration. DEPARTMENT OF TRANSPORTATION
DEPARTMENT OF TRANSPORTATION
ACTION: 30-Day notice. National Highway Traffic Safety
Maritime Administration
SUMMARY: The Small Business Administration
Administration (SBA) is publishing this U.S. Merchant Marine Academy Board [Docket No. NHTSA–2016–0063]
notice to comply with requirements of of Visitors Meeting
the Paperwork Reduction Act (PRA) (44 Notice of Buy America Waiver
AGENCY: Maritime Administration.
U.S.C. Chapter 35), which requires AGENCY: National Highway Traffic
agencies to submit proposed reporting ACTION: Meeting notice.
Safety Administration (NHTSA),
and recordkeeping requirements to SUMMARY: The U.S. Department of Department of Transportation (DOT).
OMB for review and approval, and to Transportation, Maritime ACTION: Notice of Buy America Waiver.
publish a notice in the Federal Register Administration (MARAD) announces
notifying the public that the agency has that the following U.S. Merchant Marine SUMMARY: This notice provides
made such a submission. This notice Academy (‘‘Academy’’) Board of NHTSA’s finding with respect to a
also allows an additional 30 days for Visitors (BOV) meeting will take place: request to waive the requirements of
public comments. 1. Date: June 14, 2016. Buy America from the New York
DATES: Submit comments on or before 2. Time: 2:00 p.m. Governor’s Traffic Safety Committee
July 1, 2016. 3. Location: Capital Visitors Center, (GTSC). NHTSA finds that a non-
ADDRESSES: Comments should refer to Washington, DC Room to be availability waiver of the Buy America
the information collection by name and/ determined. requirement is appropriate for New
or OMB Control Number and should be 4. Purpose of the Meeting: The York’s purchase of a liquid
sradovich on DSK3TPTVN1PROD with NOTICES
sent to: Agency Clearance Officer, Curtis purpose of this meeting is to brief BOV chromatography-tandem mass
Rich, Small Business Administration, members on the Academy Advisory spectrometry instrument using Federal
409 3rd Street SW., 5th Floor, Board’s annual report to the Secretary of highway traffic safety grant funds
Washington, DC 20416; and SBA Desk Transportation and the status of because that product is not produced in
Officer, Office of Information and reaccreditation. the United States.
5. Public Access to the Meeting: This DATES: The effective date of this waiver
18 17 CFR 200.30–3(a)(12). meeting is open to the public. Seating is is June 16, 2016. Written comments
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Document Created: 2018-02-08 07:26:52
Document Modified: 2018-02-08 07:26:52
| Category | Regulatory Information | |
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