81 FR 36977 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 110 (June 8, 2016)

Page Range		36977-36978
FR Document		2016-13465

Federal Register, Volume 81 Issue 110 (Wednesday, June 8, 2016)

[Federal Register Volume 81, Number 110 (Wednesday, June 8, 2016)]
[Notices]
[Pages 36977-36978]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-13465]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; 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 31 and Form R31, SEC File No. 270-537, OMB Control No. 
3235-0597.

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995

[[Page 36978]]

(''PRA'') (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the existing 
collection of information provided for in Rule 31 (17 CFR 240.31) and 
Form R31 (17 CFR 249.11) under the Securities Exchange Act of 1934 (15 
U.S.C. 78ee) (``Exchange Act''). The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget (``OMB'') for extension and approval.
    Section 31 of the Exchange Act requires the Commission to collect 
fees and assessments from national securities exchanges and national 
securities associations (collectively, ``self-regulatory 
organizations'' or ``SROs'') based on the volume of their securities 
transactions. To collect the proper amounts, the Commission adopted 
Rule 31 and Form R31 under the Exchange Act whereby the SROs must 
report to the Commission the volume of their securities transactions 
and the Commission, based on those data, calculates the amount of fees 
and assessments that the SROs owe pursuant to Section 31. Rule 31 and 
Form R31 require the SROs to provide this data on a monthly basis.
    Currently, there are 23 respondents under Rule 31: 19 national 
securities exchanges, one security futures exchange, and one national 
securities association subject to the collection of information 
requirements of Rule 31; there are additionally two registered clearing 
agencies that are required to provide certain data in their possession 
needed by the SROs to complete Form R31, although these two entities 
are not themselves required to complete and submit Form R31. The 
Commission estimates that the total burden for all 23 respondents is 
390 hours per year. The Commission notes that, based on previous and 
current experience, it estimates an additional three new national 
securities exchanges will become registered and subject to the 
reporting requirements of Rule 31 over the course of the authorization 
period and incur a burden of 18 hours per year. Thus, the Commission 
estimates the total burden for the existing and expected new 
respondents to be 408 hours 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: June 2, 2016.
Brent J. Fields
Secretary.
[FR Doc. 2016-13465 Filed 6-7-16; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 110 / Wednesday, June 8, 2016 / Notices 36977

The Exchange believes that readily favor competing venues if they Commission, 100 F Street NE.,
eliminating references in the Price List deem fee levels at a particular venue to Washington, DC 20549–1090.
and Fee Schedule that state that the 40 be excessive. In such an environment, All submissions should refer to File No.
Gb circuit of the IP network is expected the Exchange must continually review, SR–NYSEMKT–2016–57. This file
to be available no later than April 15, and consider adjusting, its services and number should be included on the
2016, is reasonable, equitable and not related fees and credits to remain subject line if email is used. To help the
unfairly discriminatory because these competitive with other exchanges. For Commission process and review your
references are obsolete and no longer the reasons described above, the comments more efficiently, please use
have an impact on pricing. The Exchange believes that the proposed only one method. The Commission will
proposed change would result in the rule change reflects this competitive post all comments on the Commission’s
removal of obsolete text from the Price environment. Internet Web site (http://www.sec.gov/
List and Fee Schedule and therefore add rules/sro.shtml). Copies of the
C. Self-Regulatory Organization’s
greater clarity to the Price List and Fee submission, all subsequent
Statement on Comments on the
Schedule regarding the services offered amendments, all written statements
Proposed Rule Change Received From
and the applicable fees. with respect to the proposed rule
For the reasons above, the proposed Members, Participants, or Others
change that are filed with the
changes do not unfairly discriminate No written comments were solicited
Commission, and all written
between or among market participants or received with respect to the proposed
communications relating to the
that are otherwise capable of satisfying rule change.
proposed rule change between the
any applicable co-location fees, III. Date of Effectiveness of the Commission and any person, other than
requirements, terms and conditions Proposed Rule Change and Timing for those that may be withheld from the
established from time to time by the Commission Action public in accordance with the
Exchange. provisions of 5 U.S.C. 552, will be
Finally, the Exchange believes that it The foregoing rule change is effective
upon filing pursuant to Section available for Web site viewing and
is subject to significant competitive printing in the Commission’s Public
forces, as described below in the 19(b)(3)(A) 17 of the Act and
subparagraph (f)(2) of Rule 19b–4 18 Reference Room, 100 F Street NE.,
Exchange’s statement regarding the Washington, DC 20549 on official
burden on competition. thereunder, because it establishes a due,
fee, or other charge imposed by the business days between the hours of
For these reasons, the Exchange
Exchange. 10:00 a.m. and 3:00 p.m. Copies of such
believes that the proposal is consistent
At any time within 60 days of the filing also will be available for
with the Act.
filing of such proposed rule change, the inspection and copying at the principal
B. Self-Regulatory Organization’s Commission summarily may office of the Exchange. All comments
Statement on Burden on Competition temporarily suspend such rule change if received will be posted without change;
In accordance with Section 6(b)(8) of it appears to the Commission that such the Commission does not edit personal
the Act,16 the Exchange believes that the action is necessary or appropriate in the identifying information from
proposed rule change will not impose public interest, for the protection of submissions. You should submit only
any burden on competition that is not investors, or otherwise in furtherance of information that you wish to make
necessary or appropriate in furtherance the purposes of the Act. If the available publicly. All submissions
of the purposes of the Act because, in Commission takes such action, the should refer to File No. SR–NYSEMKT–
addition to the proposed services being Commission shall institute proceedings 2016–57, and should be submitted on or
completely voluntary, they are available under Section 19(b)(2)(B) 19 of the Act to before June 29, 2016.
to all Users on an equal basis (i.e. the determine whether the proposed rule For the Commission, by the Division of
same products and services are available change should be approved or Trading and Markets, pursuant to delegated
to all Users). disapproved. authority.20
The Exchange believes that IV. Solicitation of Comments Brent J. Fields,
discontinuing the LCN CSP and Secretary.
Bundled Network Access Option 2 in Interested persons are invited to
[FR Doc. 2016–13471 Filed 6–7–16; 8:45 am]
the data center and removing references submit written data, views, and
arguments concerning the foregoing, BILLING CODE 8011–01–P
to related pricing and obsolete text from
the Price List and Fee Schedule would including whether the proposed rule
not impose any burden on competition change is consistent with the Act.
SECURITIES AND EXCHANGE
that is not necessary or appropriate in Comments may be submitted by any of
COMMISSION
furtherance of the purposes of the Act the following methods:
because no Users utilize the services Electronic Comments Proposed Collection; Comment
proposed to be discontinued. A CSP Request
• Use the Commission’s Internet
User would remain able to deliver comment form (http://www.sec.gov/ Upon Written Request, Copies Available
services to a Subscribing User via direct rules/sro.shtml); or From: Securities and Exchange
cross connect, as is currently the case • Send an email to rule-comments@ Commission, Office of FOIA Services,
and as was the case prior to the sec.gov. Please include File No. SR– 100 F Street NE., Washington, DC
introduction of the LCN CSP connection NYSEMKT–2016–57 on the subject line. 20549–2736.
mstockstill on DSK3G9T082PROD with NOTICES

offering. The proposed rule change is
not intended to address competitive Paper Comments Extension:
Rule 31 and Form R31, SEC File No. 270–
issues. • Send paper comments in triplicate
Finally, the Exchange notes that it 537, OMB Control No. 3235–0597.
to Secretary, Securities and Exchange
operates in a highly competitive market Notice is hereby given that, pursuant
in which market participants can 17 15 U.S.C. 78s(b)(3)(A). to the Paperwork Reduction Act of 1995
18 17 CFR 240.19b–4(f)(2).
16 15 U.S.C. 78f(b)(8). 19 15 U.S.C. 78s(b)(2)(B). 20 17 CFR 200.30–3(a)(12).

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36978 Federal Register / Vol. 81, No. 110 / Wednesday, June 8, 2016 / Notices

(’’PRA’’) (44 U.S.C. 3501 et seq.), the (d) ways to minimize the burden of the Form D allows the Commission to elicit
Securities and Exchange Commission collection of information on information necessary in assessing the
(‘‘Commission’’) is soliciting comments respondents, including through the use effectiveness of Regulation D (17 CFR
on the existing collection of information of automated collection techniques or 230.501 et seq.) and Section 4(6) of the
provided for in Rule 31 (17 CFR 240.31) other forms of information technology. Securities Act of 1933 (15 U.S.C. 77d(6))
and Form R31 (17 CFR 249.11) under Consideration will be given to as capital-raising devices for all
the Securities Exchange Act of 1934 (15 comments and suggestions submitted in businesses. Approximately 21,686
U.S.C. 78ee) (‘‘Exchange Act’’). The writing within 60 days of this issuers file Form D and it takes
Commission plans to submit this publication. approximately 4 hours per response. We
existing collection of information to the An agency may not conduct or estimate that 25% of 4 hours per
Office of Management and Budget sponsor, and a person is not required to response (1 hour per response) is
(‘‘OMB’’) for extension and approval. respond to, a collection of information prepared by the issuer for an annual
Section 31 of the Exchange Act under the PRA unless it displays a reporting burden 21,686 hours (1 hour
requires the Commission to collect fees currently valid OMB control number. per response x 21,686 responses).
and assessments from national Please direct your written comments Written comments are invited on: (a)
securities exchanges and national to: Pamela Dyson, Director/Chief Whether this collection of information
securities associations (collectively, Information Officer, Securities and is necessary for the proper performance
‘‘self-regulatory organizations’’ or Exchange Commission, c/o Remi Pavlik- of the functions of the agency, including
‘‘SROs’’) based on the volume of their Simon, 100 F Street NE., Washington, whether the information will have
securities transactions. To collect the DC 20549 or send an email to: PRA_ practical utility; (b) the accuracy of the
proper amounts, the Commission Mailbox@sec.gov. agency’s estimate of the burden imposed
adopted Rule 31 and Form R31 under by the collection of information; (c)
Dated: June 2, 2016.
the Exchange Act whereby the SROs ways to enhance the quality, utility, and
must report to the Commission the Brent J. Fields
clarity of the information collected; and
volume of their securities transactions Secretary.
(d) ways to minimize the burden of the
and the Commission, based on those [FR Doc. 2016–13465 Filed 6–7–16; 8:45 am]
collection of information on
data, calculates the amount of fees and BILLING CODE 8011–01–P
respondents, including through the use
assessments that the SROs owe pursuant of automated collection techniques or
to Section 31. Rule 31 and Form R31 other forms of information technology.
require the SROs to provide this data on SECURITIES AND EXCHANGE
Consideration will be given to
a monthly basis. COMMISSION
comments and suggestions submitted in
Currently, there are 23 respondents writing within 60 days of this
under Rule 31: 19 national securities Proposed Collection; Comment
Request publication.
exchanges, one security futures Please direct your written comments
exchange, and one national securities Upon Written Request, Copies Available to Pamela Dyson, Director/Chief
association subject to the collection of From: Securities and Exchange Information Officer, Securities and
information requirements of Rule 31; Commission, Office of FOIA Services, Exchange Commission, c/o Remi Pavlik-
there are additionally two registered 100 F Street NE., Washington, DC Simon, 100 F Street NE., Washington,
clearing agencies that are required to 20549–2736. DC 20549 or send an email to: PRA_
provide certain data in their possession Mailbox@sec.gov.
needed by the SROs to complete Form Extension:
Form D, OMB Control No. 3235–0076, SEC Dated: June 2, 2016.
R31, although these two entities are not File No. 270–072.
themselves required to complete and Brent J. Fields,
submit Form R31. The Commission Notice is hereby given that, pursuant Secretary.
estimates that the total burden for all 23 to the Paperwork Reduction Act of 1995 [FR Doc. 2016–13464 Filed 6–7–16; 8:45 am]
respondents is 390 hours per year. The (44 U.S.C. 3501 et seq.), the Securities BILLING CODE 8011–01–P
Commission notes that, based on and Exchange Commission
previous and current experience, it (‘‘Commission’’) is soliciting comments
estimates an additional three new on the collection of information SECURITIES AND EXCHANGE
national securities exchanges will summarized below. The Commission COMMISSION
become registered and subject to the plans to submit this existing collection
reporting requirements of Rule 31 over of information to the Office of Proposed Collection; Comment
the course of the authorization period Management and Budget for extension Request
and incur a burden of 18 hours per year. and approval.
Form D (17 CFR 239.500) is a notice Upon Written Request Copies Available
Thus, the Commission estimates the From: Securities and Exchange
total burden for the existing and of sales filed by issuers making an
offering of securities in reliance on an Commission, Office of FOIA Services,
expected new respondents to be 408 100 F Street NE., Washington, DC
hours per year. exemption under Regulation D (17 CFR
230.501 et seq.) or Section 4(a)(5) of the 20549–2736.
Written comments are invited on: (a)
Whether the proposed collection of Securities Act of 1933 (15 U.S.C. Extension:
information is necessary for the proper 77d(a)(5)). Regulation D sets forth rules Rule 477, OMB Control No. 3235–0550,
performance of the functions of the governing the limited offer and sale of SEC File No. 270–493.
mstockstill on DSK3G9T082PROD with NOTICES

Commission, including whether the securities without Securities Act Notice is hereby given that, pursuant
information shall have practical utility; registration. The purpose of Form D is to the Paperwork Reduction Act of 1995
(b) the accuracy of the Commission’s to collect empirical data, which (44 U.S.C. 3501 et seq.), the Securities
estimate of the burden of the proposed provides a continuing basis for action by and Exchange Commission
collection of information; (c) ways to the Commission either in terms of (‘‘Commission’’) is soliciting comments
enhance the quality, utility, and clarity amending existing rules and regulations on the collection of information
of the information to be collected; and or proposing new ones. In addition, the summarized below. The Commission

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Document Created: 2016-06-08 03:10:34
Document Modified: 2016-06-08 03:10:34

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		81 FR 36977