81 FR 45339 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 134 (July 13, 2016)

Page Range		45339-45340
FR Document		2016-16494

Federal Register, Volume 81 Issue 134 (Wednesday, July 13, 2016)

[Federal Register Volume 81, Number 134 (Wednesday, July 13, 2016)]
[Notices]
[Pages 45339-45340]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-16494]


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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 15Ba2-1 and Form MSD; SEC File No. 270-0088, OMB Control 
No. 3235-0083.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (``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 15Ba2-1 (17 CFR 
240.15Ba2-1) and Form MSD (17 CFR 249.1100), under the Securities and 
Exchange Act of 1934 (15 U.S.C. 78a et seq.) (``Exchange Act''). The 
Commission plans to submit this existing collection of information to 
the Office of Management and Budget (``OMB'') for extension and 
approval.
    Rule 15Ba2-1 provides that an application for registration with the 
Commission by a bank municipal securities dealer must be filed on Form 
MSD. The Commission uses the information obtained from Form MSD filings 
to determine whether bank municipal securities dealers meet the 
standards for registration set forth in the Act, to maintain a central 
registry where members of the public may obtain information about 
particular bank municipal securities dealers, and to develop risk 
assessment information about bank municipal securities dealers.
    Based upon past submissions, the staff estimates that approximately 
21 respondents will utilize this application procedure annually. The 
staff estimates that the average number of hours necessary to comply 
with the requirements of Rule 15Ba2-1 and Form MSD is 1.5 hours per 
respondent, for a total burden of approximately 31.5 hours per year. 
The staff estimates that the average internal compliance cost per hour 
is approximately $343. Therefore, the estimated total annual cost of 
compliance for the respondents is approximately $10,805.
    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 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

[[Page 45340]]

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: July 6, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-16494 Filed 7-12-16; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 134 / Wednesday, July 13, 2016 / Notices 45339

market confidence, and promote fair Paper Comments Rule 15Ba2–1 and Form MSD; SEC File No.
and orderly markets and the protection 270–0088, OMB Control No. 3235–0083.
of investors. This feature is not optional • Send paper comments in triplicate
Notice is hereby given that pursuant
and is applicable to all members to Secretary, Securities and Exchange
to the Paperwork Reduction Act of 1995
submitting Limit Orders. Commission, 100 F Street NE.,
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Washington, DC 20549–1090.
B. Self-Regulatory Organization’s Securities and Exchange Commission
All submissions should refer to File (‘‘Commission’’) is soliciting comments
Statement on Burden on Competition Number SR–Phlx–2016–58. This file on the existing collection of information
The Exchange does not believe that number should be included on the provided for in Rule 15Ba2–1 (17 CFR
the proposed rule change will impose subject line if email is used. To help the 240.15Ba2–1) and Form MSD (17 CFR
any burden on competition not Commission process and review your 249.1100), under the Securities and
necessary or appropriate in furtherance comments more efficiently, please use Exchange Act of 1934 (15 U.S.C. 78a et
of the purposes of the Act. The LOP only one method. The Commission will seq.) (‘‘Exchange Act’’). The
feature will provide market participants post all comments on the Commission’s Commission plans to submit this
with additional price protection from Internet Web site (http://www.sec.gov/ existing collection of information to the
anomalous executions. This feature is rules/sro.shtml). Copies of the Office of Management and Budget
not optional and is applicable to all submission, all subsequent (‘‘OMB’’) for extension and approval.
members submitting Limit Orders. amendments, all written statements Rule 15Ba2–1 provides that an
Thus, the Exchange does not believe the with respect to the proposed rule application for registration with the
proposal creates any significant impact change that are filed with the Commission by a bank municipal
on competition. Offering this protection Commission, and all written securities dealer must be filed on Form
to the PSX will not impose any undue communications relating to the MSD. The Commission uses the
burden on intra-market competition, proposed rule change between the information obtained from Form MSD
rather, it would permit equities and Commission and any person, other than filings to determine whether bank
options members to be protected in a those that may be withheld from the municipal securities dealers meet the
similar manner from erroneous public in accordance with the standards for registration set forth in the
executions. provisions of 5 U.S.C. 552, will be Act, to maintain a central registry where
available for Web site viewing and members of the public may obtain
C. Self-Regulatory Organization’s information about particular bank
Statement on Comments on the printing in the Commission’s Public
Reference Room, 100 F Street NE., municipal securities dealers, and to
Proposed Rule Change Received From develop risk assessment information
Members, Participants, or Others Washington, DC 20549, on official
business days between the hours of about bank municipal securities dealers.
No written comments were either 10:00 a.m. and 3:00 p.m. Copies of the Based upon past submissions, the
solicited or received. filing also will be available for staff estimates that approximately 21
inspection and copying at the principal respondents will utilize this application
III. Date of Effectiveness of the procedure annually. The staff estimates
Proposed Rule Change and Timing for office of the Exchange. All comments
received will be posted without change; that the average number of hours
Commission Action necessary to comply with the
the Commission does not edit personal
Within 45 days of the date of identifying information from requirements of Rule 15Ba2–1 and Form
publication of this notice in the Federal submissions. You should submit only MSD is 1.5 hours per respondent, for a
Register or within such longer period information that you wish to make total burden of approximately 31.5
up to 90 days (i) as the Commission may available publicly. All submissions hours per year. The staff estimates that
designate if it finds such longer period should refer to File Number SR–Phlx– the average internal compliance cost per
to be appropriate and publishes its 2016–58 and should be submitted on or hour is approximately $343. Therefore,
reasons for so finding or (ii) as to which before August 3, 2016. the estimated total annual cost of
the self-regulatory organization compliance for the respondents is
consents, the Commission will: For the Commission, by the Division of approximately $10,805.
Trading and Markets, pursuant to delegated Written comments are invited on: (a)
(A) By order approve or disapprove
authority.11
such proposed rule change, or Whether the proposed collection of
(B) institute proceedings to determine Brent J. Fields, information is necessary for the proper
whether the proposed rule change Secretary. performance of the functions of the
should be disapproved. [FR Doc. 2016–16486 Filed 7–12–16; 8:45 am] Commission, including whether the
BILLING CODE 8011–01–P information shall have practical utility;
IV. Solicitation of Comments (b) the accuracy of the Commission’s
Interested persons are invited to estimate of the burden of the collection
submit written data, views, and SECURITIES AND EXCHANGE of information; (c) ways to enhance the
arguments concerning the foregoing, COMMISSION quality, utility, and clarity of the
including whether the proposed rule information to be collected; and (d)
change is consistent with the Act. Proposed Collection; Comment ways to minimize the burden of the
Comments may be submitted by any of Request collection of information on
the following methods: respondents, including through the use
Upon Written Request, Copies Available
jstallworth on DSK7TPTVN1PROD with NOTICES

of automated collection techniques or
Electronic Comments From: Securities and Exchange
other forms of information technology.
• Use the Commission’s Internet Commission, Office of FOIA Services,
Consideration will be given to
comment form (http://www.sec.gov/ 100 F Street NE., Washington, DC
comments and suggestions submitted in
rules/sro.shtml); or 20549–2736.
writing within 60 days of this
• Send an email to rule-comments@ Extension: publication.
sec.gov. Please include File Number SR– An agency may not conduct or
Phlx–2016–58 on the subject line. 11 17 CFR 200.30–3(a)(12). sponsor, and a person is not required to

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45340 Federal Register / Vol. 81, No. 134 / Wednesday, July 13, 2016 / Notices

respond to, a collection of information securities dealer on Form MSDW. The (‘‘Act’’),1 and Rule 19b–4 thereunder,2
under the PRA unless it displays a staff estimates that the average number notice is hereby given that on June 24,
currently valid OMB control number. of hours necessary to comply with the 2016, NASDAQ BX, Inc. (‘‘BX’’ or
Please direct your written comments notice requirements set out in Rule ‘‘Exchange’’) filed with the Securities
to: Pamela Dyson, Director/Chief 15Bc3–1 and Form MSDW is 0.5 per and Exchange Commission (‘‘SEC’’ or
Information Officer, Securities and respondent, for a total burden of 2.5 ‘‘Commission’’) the proposed rule
Exchange Commission, c/o Remi Pavlik- hours per year. The staff estimates that change as described in Items I, II, and
Simon, 100 F Street NE., Washington, the average internal compliance cost per III, below, which Items have been
DC 20549, or send an email to: PRA_ hour is approximately $343. Therefore, prepared by the Exchange. The
Mailbox@sec.gov. the estimated total cost of compliance Commission is publishing this notice to
Dated: July 6, 2016. for the respondents is approximately solicit comments on the proposed rule
Brent J. Fields, $858. change from interested persons.
Secretary.
Written comments are invited on: (a) I. Self-Regulatory Organization’s
Whether the proposed collection of Statement of the Terms of Substance of
[FR Doc. 2016–16494 Filed 7–12–16; 8:45 am]
information is necessary for the proper the Proposed Rule Change
BILLING CODE 8011–01–P
performance of the functions of the
Commission, including whether the The Exchange proposes to adopt rules
information will have practical utility; under Rule 4770 to implement the
SECURITIES AND EXCHANGE quoting and trading provisions of the
(b) the accuracy of the Commission’s
COMMISSION Plan to Implement a Tick Size Pilot
estimate of the burden of the collection
of information; (c) ways to enhance the Program submitted to the Commission
Proposed Collection; Comment
quality, utility, and clarity of the pursuant to Rule 608 of Regulation
Request
information to be collected; and (d) NMS 3 under the Act (the ‘‘Plan’’).4 The
Upon Written Request, Copies Available ways to minimize the burden of the proposed rule change is substantially
From: Securities and Exchange collection of information on similar to proposed rule changes
Commission, Office of FOIA Services, respondents, including through the use recently approved or published by the
100 F Street NE., Washington, DC of automated collection techniques or Commission by New York Stock
20549–2736. other forms of information technology. Exchange LLC to adopt NYSE Rules
Consideration will be given to 67(a) and 67(c)–(e), which also
Extension:
comments and suggestions submitted in implemented the quoting and trading
Rule 15Bc3–1 and Form MSDW; SEC File
No. 270–93, OMB Control No. 3235– writing within 60 days of this provisions of the Plan.5
0087. publication. The text of the proposed rule change
An agency may not conduct or is available on the Exchange’s Web site
Notice is hereby given that, pursuant at http://
to the Paperwork Reduction Act of 1995 sponsor, and a person is not required to
respond to, a collection of information nasdaqomxbx.cchwallstreet.com/, at the
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the principal office of the Exchange, and at
Securities and Exchange Commission under the PRA unless it displays a
currently valid OMB control number. the Commission’s Public Reference
(‘‘Commission’’) is soliciting comments Room.
on the existing collection of information Please direct your written comments
provided for in Rule 15Bc3–1 (17 CFR to: Pamela Dyson, Director/Chief II. Self-Regulatory Organization’s
15Bc3–1) and Form MSDW (17 CFR Information Officer, Securities and Statement of the Purpose of, and
249.1110) under the Securities Exchange Commission, c/o Remi Pavlik- Statutory Basis for, the Proposed Rule
Exchange Act of 1934 (17 U.S.C. 78a et Simon, 100 F Street NE., Washington, Change
seq.). The Commission plans to submit DC 20549, or send an email to: PRA_
In its filing with the Commission, the
this existing collection of information to Mailbox@sec.gov.
Exchange included statements
the Office of Management and Budget Dated: July 6, 2016. concerning the purpose of and basis for
(‘‘OMB’’) for extension and approval. Brent J. Fields, the proposed rule change and discussed
Rule 15Bc3–1 provides that a notice Secretary. any comments it received on the
of withdrawal from registration with the [FR Doc. 2016–16495 Filed 7–12–16; 8:45 am] proposed rule change. The text of these
Commission as a bank municipal BILLING CODE 8011–01–P statements may be examined at the
securities dealer must be filed on Form places specified in Item IV below. The
MSDW. The Commission uses the Exchange has prepared summaries, set
information submitted on Form MSDW SECURITIES AND EXCHANGE
in determining whether it is in the COMMISSION 1 15 U.S.C. 78s(b)(1).
public interest to permit a bank 2 17 CFR 240.19b–4.
municipal securities dealer to withdraw [Release No. 34–78250; File No. SR–BX– 3 17 CFR 242.608.
4 See Securities and Exchange Act Release No.
its registration. This information is also 2016–039]
74892 (May 6, 2015), 80 FR 27513 (File No. 4–657)
important to the municipal securities (‘‘Tick Plan Approval Order’’). See also Securities
dealer’s customers and to the public, Self-Regulatory Organizations; and Exchange Act Release No. 76382 (November 6,
because it provides, among other things, NASDAQ BX, Inc.; Notice of Filing and 2015) (File No.
the name and address of a person to Immediate Effectiveness of Proposed 4–657), 80 FR 70284 (File No. 4–657) (November
Rule Change To Adopt Rules To 13, 2015), which extended the pilot period
jstallworth on DSK7TPTVN1PROD with NOTICES

contact regarding any of the municipal commencement date from May 6, 2015 to October
securities dealer’s unfinished business. Implement the Quoting and Trading 3, 2016.
Based upon past submissions, the Provisions of the Plan To Implement a 5 See Securities Exchange Act Release No. 76229

staff estimates that, on an annual basis, Tick Size Pilot Program (October 22, 2015), 80 FR 66065 (October 28, 2015)
approximately five bank municipal (SR–NYSE–2015–46), as amended by Partial
July 7, 2016. Amendments No. 1 and No. 2 to the Quoting &
securities dealers will file a notice of Trading Rules Proposal. See Securities Exchange
withdrawal from registration with the Pursuant to Section 19(b)(1) of the Act Release No. 77703 (April 25, 2016), 81 FR
Commission as a bank municipal Securities Exchange Act of 1934 25725 (April 29, 2016) (SR–NYSE–2015–46).

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Document Created: 2016-07-13 01:43:56
Document Modified: 2016-07-13 01:43:56

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 45339