81 FR 62221 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 174 (September 8, 2016)

Page Range		62221-62222
FR Document		2016-21520

Federal Register, Volume 81 Issue 174 (Thursday, September 8, 2016)

[Federal Register Volume 81, Number 174 (Thursday, September 8, 2016)]
[Notices]
[Pages 62221-62222]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-21520]


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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:
    Form 10-K, SEC File No. 270-48, OMB Control No. 3235-0063

    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'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget for extension and approval.
    Form 10-K (17 CFR 249.310) is filed by issuers of securities to 
satisfy their annual reporting obligations under to Section 13 or 15(d) 
of the Exchange Act (``Exchange Act'') (15 U.S.C. 78m or 78o(d)). The 
information provided by Form 10-K is intended to ensure the adequacy of 
information available to investors and securities markets about an 
issuer. Form 10-K takes approximately 2003.7884 hours per response to 
prepare and is filed by approximately 8,137 respondents. We estimate 
that 75% of the approximately 2003.7884 hours per response (1,502.8413 
hours) is prepared by the company for an annual reporting burden of 
12,228,620 hours (1,502.8413 hours per response x 8,137 responses).
    Written comments are invited on: (a) Whether this proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
burden imposed by the collection of information; (c) ways to enhance 
the quality, utility, and clarity of the information 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 unless it displays a 
currently valid control number.

[[Page 62222]]

    Please direct your written comment 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: September 1, 2016.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-21520 Filed 9-7-16; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 174 / Thursday, September 8, 2016 / Notices 62221

IV. Solicitation of Comments on V. Accelerated Approval of Proposed SECURITIES AND EXCHANGE
Amendment No. 1 to the Proposed Rule Rule Change, as Modified by COMMISSION
Change Amendment No. 1
Proposed Collection; Comment
Interested persons are invited to The Commission finds good cause to Request
submit written data, views, and approve the proposed rule change, as
arguments concerning the foregoing, modified by Amendment No. 1, prior to Upon Written Request Copies Available
including whether the proposal, as the thirtieth day after the date of From: Securities and Exchange
modified by Amendment No. 1, is publication of notice of Amendment No. Commission, Office of FOIA Services,
consistent with the Exchange Act. 1 in the Federal Register. In 100 F Street NE., Washington, DC
Comments may be submitted by any of Amendment No. 1, the Exchange 20549–2736.
the following methods: proposes to: (1) Apply the changes in Extension:
proposed Rule 11.21(c) to all Pilot Form 10–K, SEC File No. 270–48, OMB
Electronic Comments Securities; (2) clarify in Rule 11.21(c)(1) Control No. 3235–0063
that the increment for Market Orders
• Use the Commission’s Internet and Rule 11.21(c)(5) that the increment
Notice is hereby given that, pursuant
comment form (http://www.sec.gov/ to the Paperwork Reduction Act of 1995
for Market Maker Peg Orders will be at
rules/sro.shtml); or (44 U.S.C. 3501 et seq.), the Securities
‘‘permissible’’ increments; (3) state in
and Exchange Commission
• Send an email to rule-comments@ Rule 11.21(c)(2) that orders with a
(‘‘Commission’’) is soliciting comments
sec.gov. Please include File Number SR– Market Peg instruction, Rule 11.21(c)(4)
on the collection of information
BatsEDGA–2016–15 on the subject line. that orders with a Discretionary Range,
summarized below. The Commission
and Rule 11.21(c)(6) that Supplemental
Paper Comments plans to submit this existing collection
Peg Orders will not be accepted in Pilot
of information to the Office of
• Send paper comments in triplicate Securities; (4) clarify in Rule 11.21(c)(3)
Management and Budget for extension
to Secretary, Securities and Exchange that MidPoint Peg Orders may not be
and approval.
Commission, 100 F Street NE., alternatively pegged to one minimum
price variation inside the same side of Form 10–K (17 CFR 249.310) is filed
Washington, DC 20549–1090. by issuers of securities to satisfy their
the NBBO as the order; (5) delete the
All submissions should refer to File proposal to amend orders with a Non- annual reporting obligations under to
Number SR–BatsEDGA–2016–15. This Displayed instruction; and (6) clarify Section 13 or 15(d) of the Exchange Act
file number should be included on the how orders subject to Display-Price (‘‘Exchange Act’’) (15 U.S.C. 78m or
subject line if email is used. To help the Sliding will operate when they are 78o(d)). The information provided by
Commission process and review your unexecutable at the locking price. Form 10–K is intended to ensure the
adequacy of information available to
comments more efficiently, please use The Commission believes that investors and securities markets about
only one method. The Commission will Amendment No. 1 modifies the an issuer. Form 10–K takes
post all comments on the Commission’s proposal so that it does not cause a approximately 2003.7884 hours per
Internet Web site (http://www.sec.gov/ disparate impact on different Test response to prepare and is filed by
rules/sro.shtml). Copies of the Groups and the Control Group. In approximately 8,137 respondents. We
submission, all subsequent addition, the Commission notes that the estimate that 75% of the approximately
amendments, all written statements Pilot is scheduled to start on October 3, 2003.7884 hours per response
with respect to the proposed rule 2016, and accelerated approval would (1,502.8413 hours) is prepared by the
change that are filed with the ensure that the rules of the Exchange company for an annual reporting burden
Commission, and all written would be in place for the start of the of 12,228,620 hours (1,502.8413 hours
communications relating to the Pilot. Accordingly, the Commission per response × 8,137 responses).
proposed rule change between the finds good cause, pursuant to Section Written comments are invited on: (a)
Commission and any person, other than 19(b)(2) of the Exchange Act,19 to Whether this proposed collection of
those that may be withheld from the approve the proposed rule change, as information is necessary for the proper
public in accordance with the modified by Amendment No. 1, on an performance of the functions of the
provisions of 5 U.S.C. 552, will be accelerated basis. agency, including whether the
available for Web site viewing and VI. Conclusion information will have practical utility;
printing in the Commission’s Public (b) the accuracy of the agency’s estimate
Reference Room, 100 F Street NE., It is therefore ordered, pursuant to of burden imposed by the collection of
Washington, DC 20549–1090, on official Section 19(b)(2) of the Exchange Act,20 information; (c) ways to enhance the
business days between the hours of that the proposed rule change (SR– quality, utility, and clarity of the
10:00 a.m. and 3:00 p.m. Copies of such BatsEDGA–2016–15), as modified by information collected; and (d) ways to
filing will also be available for Amendment No. 1, be and hereby is minimize the burden of the collection of
inspection and copying at the principal approved on an accelerated basis. information on respondents, including
office of the Exchange. All comments For the Commission, by the Division of through the use of automated collection
received will be posted without change; Trading and Markets, pursuant to delegated techniques or other forms of information
the Commission does not edit personal authority.21 technology. Consideration will be given
identifying information from Brent J. Fields, to comments and suggestions submitted
mstockstill on DSK3G9T082PROD with NOTICES

submissions. You should submit only Secretary. in writing within 60 days of this
information that you wish to make [FR Doc. 2016–21647 Filed 9–7–16; 8:45 am] publication.
available publicly. All submissions BILLING CODE 8011–01–P An agency may not conduct or
should refer to File Number SR– sponsor, and a person is not required to
BatsEDGA–2016–15 and should be 19 15 U.S.C. 78s(b)(2). respond to, a collection of information
submitted on or before September 29, 20 Id. unless it displays a currently valid
2016. 21 17 CFR 200.30–3(a)(12) control number.

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62222 Federal Register / Vol. 81, No. 174 / Thursday, September 8, 2016 / Notices

Please direct your written comment to bids, best offers, and quotation sizes for Exchange Commission, c/o Remi Pavlik-
Pamela Dyson, Director/Chief subject securities.3 Simon, 100 F Street NE., Washington,
Information Officer, Securities and It is anticipated that twenty DC 20549, or by sending an email to:
Exchange Commission, c/o Remi Pavlik- respondents, consisting of nineteen PRA_Mailbox@sec.gov.
Simon, 100 F Street NE., Washington, national securities exchanges and one
DC 20549 or send an email to: PRA_ national securities association, will Dated: September 2, 2016.
Mailbox@sec.gov. collectively respond approximately Brent J. Fields,
2,184,303,485,488 times per year Secretary.
Dated: September 1, 2016.
pursuant to Rule 602(a) at 18.22 [FR Doc. 2016–21640 Filed 9–7–16; 8:45 am]
Robert W. Errett, microseconds per response, resulting in BILLING CODE 8011–01–P
Deputy Secretary. a total annual burden of approximately
[FR Doc. 2016–21520 Filed 9–7–16; 8:45 am] 11,640 hours. It is anticipated that no
BILLING CODE 8011–01–P respondents will have a reporting SECURITIES AND EXCHANGE
burden pursuant to Rule 602(b).4 COMMISSION
Thus, the aggregate third-party
SECURITIES AND EXCHANGE disclosure burden under Rule 602 is11, [Release No. 34–78759; File No. SR–FINRA–
COMMISSION 640 hours annually which is comprised 2016–024]
of 11,640 hours relating to Rule 602(a)
Proposed Collection; Comment and 0 hours relating to Rule 602(b). Self-Regulatory Organizations;
Request Written comments are invited on: (a) Financial Industry Regulatory
Whether the proposed collections of Authority, Inc.; Order Granting
Upon Written Request, Copies Available information are necessary for the proper Approval of Proposed Rule Change To
From: Securities and Exchange performance of the functions of the Create an Academic Corporate Bond
Commission, Office of FOIA Services, Commission, including whether the TRACE Data Product
100 F Street NE., Washington, DC information will have practical utility;
20549–2736. September 2, 2016.
(b) the accuracy of the Commission’s
Extension: estimate of the burden of the proposed I. Introduction
Rule 602; SEC File No. 270–404; OMB collections of information; (c) ways to
enhance the quality, utility, and clarity On June 28, 2016, the Financial
Control No. 3235–0461.
of the information to be collected; and Industry Regulatory Authority, Inc.
Notice is hereby given that pursuant (d) ways to minimize the burden of (‘‘FINRA’’) filed with the Securities and
to the Paperwork Reduction Act of 1995 collections of information on those who Exchange Commission (‘‘Commission’’),
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the are to respond, including through the pursuant to Section 19(b)(1) of the
Securities and Exchange Commission use of automated collection techniques Securities Exchange Act of 1934
(‘‘Commission’’) is soliciting comments or other forms of information (‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a
on the existing collection of information technology. Consideration will be given proposed rule change to amend FINRA
provided for in Rule 602 of Regulation to comments and suggestions submitted Rule 7730 to create a new data product
NMS (17 CFR 240.602), under the in writing within 60 days of this consisting of data on historic
Securities Exchange Act of 1934 (15 publication. transactions in corporate bonds reported
U.S.C. 78a et seq.). The Commission An agency may not conduct or to the Trade Reporting and Compliance
plans to submit this existing collection sponsor, and a person is not required to Engine (‘‘TRACE’’) that would be
of information to the Office of respond to, a collection of information available to institutions of higher
Management and Budget (‘‘OMB’’) for under the PRA unless it displays a learning (the ‘‘Academic Corporate
extension and approval. currently valid OMB control number. Bond TRACE Data product’’). The
Please direct your written comments to: proposed rule change was published for
Rule 602 of Regulation NMS, comment in the Federal Register on July
Dissemination of Quotations in NMS Pamela C. Dyson, Director/Chief
Information Officer, Securities and 7, 2016.3 The Commission received
securities, contains two related three comments in response to the
collections. The first collection of proposal.4 On August 9, 2016, FINRA
3 Under Rule 602(b)(5), electronic
information is found in Rule 602(a).1 extended to September 2, 2016, the time
communications networks (‘‘ECNs’’) have the
This third-party disclosure requirement option of reporting to an exchange or association for period within which the Commission
obligates each national securities public dissemination, on behalf of customers that shall approve the proposed rule change,
exchange and national securities are OTC market makers or exchange market makers,
disapprove the proposed rule change, or
association to make available to the best-priced orders and the full size for such
orders entered by market makers on the ECN, to institute proceedings to determine
quotation vendors for dissemination to satisfy such market makers’ reporting obligation whether the proposed rule change
the public the best bid, best offer, and under Rule 602(b). Since this reporting requirement
aggregate quotation size for each is an alternative method of meeting the market
1 15
makers’ reporting obligation, and because it is U.S.C. 78s(b)(1).
‘‘subject security,’’ as defined under the 2 17 CFR 240.19b–4.
directed to nine or fewer persons (ECNs), this
Rule. The second collection of collection of information is not subject to OMB 3 See Securities Exchange Act Release No. 78219
information is found in Rule 602(b).2 review under the Paperwork Reduction Act (July 1, 2016), 81 FR 44359 (‘‘Notice’’).
This disclosure requirement obligates (‘‘PRA’’). 4 See letters to Brent J. Fields, Secretary,
4 For the reporting obligation under Rule 602(b), Commission, from Sean Davy, Managing Director,
any exchange member and over-the-
mstockstill on DSK3G9T082PROD with NOTICES

the respondents are exchange members and OTC Capital Markets Division and Leslie M. Norwood,
counter (‘‘OTC’’) market maker that is a market makers. The Commission believes that Managing Director and Associate General Counsel,
‘‘responsible broker or dealer,’’ as communication of quotations through an Municipal Securities Division, SIFMA, dated July
defined under the Rule, to communicate exchange’s electronic trading system effectively 27, 2016 (‘‘SIFMA Letter’’); Mike Nicholas, Chief
to an exchange or association its best means that exchange members currently have no Executive Officer, BDA, dated July 28, 2016 (‘‘BDA
reporting burden under Rule 602(b) for these Letter’’); and Kumar Venkataraman, Ph.D., James M.
quotations. The Commission also believes that there Collins Chair in Finance, Edwin L. Cox School of
1 17 CFR 242.602(a). are presently no OTC market makers that quote Business, Southern Methodist University, dated
2 17 CFR 242.602(b). other than on an exchange. August 9, 2016 (‘‘Venkataraman Letter’’).

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Document Created: 2018-02-09 13:12:16
Document Modified: 2018-02-09 13:12:16

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 62221