81 FR 63560 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 179 (September 15, 2016)

Page Range		63560-63561
FR Document		2016-22170

Federal Register, Volume 81 Issue 179 (Thursday, September 15, 2016)

[Federal Register Volume 81, Number 179 (Thursday, September 15, 2016)]
[Notices]
[Pages 63560-63561]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-22170]


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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 15Bc3-1 and Form MSDW, SEC File No. 270-93, OMB Control No. 
3235-0087.

    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'') has submitted to the Office of 
Management and Budget (``OMB'') a request for approval of extension of 
the previously approved collection of information provided for in Rule 
15Bc3-1 (17 CFR 240.15Bc3-1) and Form MSDW (17 CFR 249.1110) under the 
Securities Exchange Act of 1934 (17 U.S.C. 78a et seq.).
    Rule 15Bc3-1 provides that a notice of withdrawal from registration 
with the Commission as a bank municipal securities dealer must be filed 
on Form MSDW. The Commission uses the information contained in Form 
MSDW in determining whether it is in the public interest to permit a 
bank municipal securities dealer to withdraw its registration. This 
information is also important to the municipal securities dealer's 
customers and to the public, because it provides, among other things, 
the name and address of a person to contact regarding any of the 
municipal securities dealer's unfinished business.
    Based upon past submissions, the staff estimates that, on an annual 
basis, approximately five bank municipal securities dealers will file a 
notice of withdrawal from registration with the Commission as a bank 
municipal securities dealer on Form MSDW. The staff estimates that the 
average number of hours necessary to comply with the notice 
requirements set out in Rule 15Bc3-1 and Form MSDW is 0.5 per

[[Page 63561]]

respondent, for a total burden of 2.5 hours per year. The staff 
estimates that the average internal compliance cost per hour is 
approximately $343. Therefore, the estimated total cost of compliance 
for the respondents is approximately $858.
    Providing the information on the application is mandatory in order 
to withdraw from registration with the Commission as a bank municipal 
securities dealer. The information contained in the notice will not be 
kept confidential.
    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.
    The public may view 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 by sending an 
email to: [email protected]. Comments must be submitted to OMB within 
30 days of this notice.

    Dated: September 9, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-22170 Filed 9-14-16; 8:45 am]
 BILLING CODE 8011-01-P

63560 Federal Register / Vol. 81, No. 179 / Thursday, September 15, 2016 / Notices

centers that are not registered exchanges and publishes its reasons for so finding NYSEMKT–2016–83, and should be
would be able to implement changes to or (ii) as to which the self-regulatory submitted on or before September 29,
comply with the Plan, but the Exchange organization consents, the Commission 2016.
would not. The Exchange believes that will: For the Commission, by the Division of
a disapproval of the Exchange’s (A) By order approve or disapprove Trading and Markets, pursuant to delegated
proposed rules would therefore put the the proposed rule change, or authority.55
Exchange at a competitive disadvantage (B) institute proceedings to determine Brent J. Fields,
vis-à-vis the over-the-counter markets whether the proposed rule change Secretary.
because such trading centers would be should be disapproved.
[FR Doc. 2016–22152 Filed 9–14–16; 8:45 am]
able to modify the behavior of non- IV. Solicitation of Comments BILLING CODE 8011–01–P
displayed orders in Test Group Three
without restriction. The Exchange Interested persons are invited to
further notes that the proposed rule submit written data, views, and
arguments concerning the foregoing, SECURITIES AND EXCHANGE
change will apply equally to all member COMMISSION
organizations that trade Pilot Securities. including whether the proposed rule
change is consistent with the Act. Submission for OMB Review;
C. Self-Regulatory Organization’s Comments may be submitted by any of
Statement on Comments on the Comment Request
the following methods:
Proposed Rule Change Received From Upon Written Request, Copies Available
Members, Participants, or Others Electronic Comments From: Securities and Exchange
No written comments were solicited • Use the Commission’s Internet Commission, Office of FOIA Services,
or received with respect to the proposed comment form (http://www.sec.gov/ 100 F Street NE., Washington, DC
rule change. rules/sro.shtml); or 20549–2736.
• Send an email to rule-comments@ Extension:
III. Date of Effectiveness of the sec.gov. Please include File Number SR– Rule 15Bc3–1 and Form MSDW, SEC File
Proposed Rule Change and Timing for NYSEMKT–2016–83 on the subject line. No. 270–93, OMB Control No. 3235–
Commission Action 0087.
Paper Comments
The Exchange respectfully requests Notice is hereby given that, pursuant
accelerated effectiveness of this • Send paper comments in triplicate
to Secretary, Securities and Exchange to the Paperwork Reduction Act of 1995
proposed rule change pursuant to (‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Section 19(b)(2) of the Act.54 The Commission, 100 F Street NE.,
Securities and Exchange Commission
Exchange believes that there is good Washington, DC 20549–1090.
(‘‘Commission’’) has submitted to the
cause for the Commission to accelerate All submissions should refer to File Office of Management and Budget
effectiveness because the proposed rule Number SR–NYSEMKT–2016–83. This (‘‘OMB’’) a request for approval of
changes are designed to specify file number should be included on the extension of the previously approved
procedures for the handling, executing, subject line if email is used. To help the collection of information provided for in
re-pricing and displaying of certain Commission process and review your Rule 15Bc3–1 (17 CFR 240.15Bc3–1)
order types and order type instructions comments more efficiently, please use and Form MSDW (17 CFR 249.1110)
applicable to Pilot Securities in Test only one method. The Commission will under the Securities Exchange Act of
Groups One, Two, and Three. In post all comments on the Commission’s 1934 (17 U.S.C. 78a et seq.).
determining the scope of these proposed Internet Web site (http://www.sec.gov/ Rule 15Bc3–1 provides that a notice
changes to implement the Plan, the rules/sro.shtml). Copies of the of withdrawal from registration with the
Exchange reviewed its order types and submission, all subsequent Commission as a bank municipal
identified which orders and instructions amendments, all written statements securities dealer must be filed on Form
would be inconsistent with the Plan and with respect to the proposed rule MSDW. The Commission uses the
propose to modify the operation of such change that are filed with the information contained in Form MSDW
order types so they will comply with the Commission, and all written in determining whether it is in the
Plan, or, to the extent inconsistent with communications relating to the public interest to permit a bank
the Plan, eliminate them. These proposed rule change between the municipal securities dealer to withdraw
proposed changes are consistent with Commission and any person, other than its registration. This information is also
the protection of investors and the those that may be withheld from the important to the municipal securities
public interest because they are public in accordance with the dealer’s customers and to the public,
designed to comply with the Plan and provisions of 5 U.S.C. 552, will be because it provides, among other things,
to allow the Exchange to meet its available for Web site viewing and the name and address of a person to
regulatory obligations under the Plan. printing in the Commission’s Public contact regarding any of the municipal
Because the Plan will be implemented Reference Room, 100 F Street NE., securities dealer’s unfinished business.
beginning on October 3, 2016, the Washington, DC 20549, on official Based upon past submissions, the
Exchange believes there is good cause to business days between the hours of staff estimates that, on an annual basis,
accelerate effectiveness so that the 10:00 a.m. and 3:00 p.m. Copies of the approximately five bank municipal
Exchange may implement the proposed filing also will be available for securities dealers will file a notice of
changes concurrent with the inspection and copying at the principal withdrawal from registration with the
office of the Exchange. All comments
sradovich on DSK3GMQ082PROD with NOTICES

implementation date of the Plan. Commission as a bank municipal
Within 45 days of the date of received will be posted without change; securities dealer on Form MSDW. The
publication of this notice in the Federal the Commission does not edit personal staff estimates that the average number
Register or up to 90 days (i) as the identifying information from of hours necessary to comply with the
Commission may designate if it finds submissions. You should submit only notice requirements set out in Rule
such longer period to be appropriate information that you wish to make 15Bc3–1 and Form MSDW is 0.5 per
available publicly. All submissions
54 15 U.S.C. 78s(b)(2). should refer to File Number SR– 55 17 CFR 200.30–3(a)(12).

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Federal Register / Vol. 81, No. 179 / Thursday, September 15, 2016 / Notices 63561

respondent, for a total burden of 2.5 information provided for in Rule 100 F Street NE., Washington, DC
hours per year. The staff estimates that 15Ba2–1 (17 CFR 240.15Ba2–1) and 20549, or by sending an email to: PRA_
the average internal compliance cost per Form MSD (17 CFR 249.1100) under the Mailbox@sec.gov. Comments must be
hour is approximately $343. Therefore, Securities Exchange Act of 1934 submitted to OMB within 30 days of
the estimated total cost of compliance (‘‘Exchange Act’’) (17 U.S.C. 78a et seq.). this notice.
for the respondents is approximately Rule 15Ba2–1 provides that an Dated: September 9, 2016.
$858. application for registration with the
Brent J. Fields,
Providing the information on the Commission by a bank municipal
securities dealer must be filed on Form Secretary.
application is mandatory in order to
withdraw from registration with the MSD. The Commission uses the [FR Doc. 2016–22169 Filed 9–14–16; 8:45 am]
Commission as a bank municipal information obtained from Form MSD BILLING CODE 8011–01–P

securities dealer. The information filings to determine whether bank
contained in the notice will not be kept municipal securities dealers meet the
confidential. standards for registration set forth in the SECURITIES AND EXCHANGE
An agency may not conduct or Act, to maintain a central registry where COMMISSION
sponsor, and a person is not required to members of the public may obtain [Release No. 34–78796; File No. SR–
respond to, a collection of information information about particular bank BatsBZX–2016–55]
under the PRA unless it displays a municipal securities dealers, and to
currently valid OMB control number. develop risk assessment information Self-Regulatory Organizations; Bats
The public may view background about bank municipal securities dealers. BZX Exchange, Inc.; Notice of Filing
documentation for this information Based upon past submissions, the and Immediate Effectiveness of a
collection at the following Web site: staff estimates that approximately 21 Proposed Rule Change To Amend Rule
www.reginfo.gov. Comments should be respondents will utilize this application 11.27(b) Regarding the Data Collection
directed to: (i) Desk Officer for the procedure annually. The staff estimates Requirements of the Regulation NMS
Securities and Exchange Commission, that the average number of hours Plan To Implement a Tick Size Pilot
Office of Information and Regulatory necessary to comply with the Program
Affairs, Office of Management and requirements of Rule 15Ba2–1 and Form
MSD is 1.5 hours per respondent, for a September 9, 2016.
Budget, Room 10102, New Executive Pursuant to Section 19(b)(1) of the
Office Building, Washington, DC 20503, total burden of approximately 31.5
hours per year. The staff estimates that Securities Exchange Act of 1934
or by sending an email to: (‘‘Act’’),1 and Rule 19b–4 thereunder,2
Shagufta_Ahmed@omb.eop.gov; and (ii) the average internal compliance cost per
hour is approximately $343. Therefore, notice is hereby given that on August
Pamela Dyson, Director/Chief 26, 2016, Bats BZX Exchange, Inc.
Information Officer, Securities and the estimated total annual cost of
compliance for the respondents is (‘‘Exchange’’ or ‘‘BZX’’) filed with the
Exchange Commission, c/o Remi Pavlik- Securities and Exchange Commission
Simon, 100 F Street NE., Washington, approximately $10,805.
Rule 15Ba2–1 does not contain an (‘‘Commission’’) the proposed rule
DC 20549, or by sending an email to: change as described in Items I and II
PRA_Mailbox@sec.gov. Comments must explicit recordkeeping requirement, but
the rule does require the prompt below, which Items have been prepared
be submitted to OMB within 30 days of by the Exchange. The Exchange has
this notice. correction of any information on Form
MSD that becomes inaccurate, meaning designated this proposal as a ‘‘non-
Dated: September 9, 2016. that bank municipal securities dealers controversial’’ proposed rule change
Brent J. Fields, need to maintain a current copy of Form pursuant to Section 19(b)(3)(A) of the
Secretary. MSD indefinitely. Providing the Act 3 and Rule 19b–4(f)(6)(iii)
[FR Doc. 2016–22170 Filed 9–14–16; 8:45 am] information on the application is thereunder,4 which renders it effective
BILLING CODE 8011–01–P mandatory in order to register with the upon filing with the Commission. The
Commission as a bank municipal Commission is publishing this notice to
securities dealer. The information solicit comments on the proposed rule
SECURITIES AND EXCHANGE contained in the application will not be change from interested persons.
COMMISSION kept confidential. I. Self-Regulatory Organization’s
An agency may not conduct or
Submission for OMB Review; Statement of the Terms of Substance of
sponsor, and a person is not required to
Comment Request the Proposed Rule Change
respond to, a collection of information
under the PRA unless it displays a The Exchange filed a proposal to
Upon Written Request, Copies Available amend Exchange Rule 11.27(b)
currently valid OMB control number.
From: Securities and Exchange regarding the data collection
The public may view background
Commission, Office of FOIA Services, requirements of the Regulation NMS
documentation for this information
100 F Street NE., Washington, DC Plan to Implement a Tick Size Pilot
collection at the following Web site:
20549–2736. Program (‘‘Plan’’).5
www.reginfo.gov. Comments should be
Extension: directed to: (i) Desk Officer for the The text of the proposed rule change
Rule 15Ba2–1 and Form MSD; SEC File No. Securities and Exchange Commission, is available at the Exchange’s Web site
270–0088; OMB Control No. 3235–0083. Office of Information and Regulatory at www.batstrading.com, at the
Notice is hereby given that pursuant Affairs, Office of Management and principal office of the Exchange, and at
sradovich on DSK3GMQ082PROD with NOTICES

to the Paperwork Reduction Act of 1995 Budget, Room 10102, New Executive
1 15 U.S.C. 78s(b)(1).
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the Office Building, Washington, DC 20503,
2 17 CFR 240.19b–4.
Securities and Exchange Commission or by sending an email to: Shagufta_ 3 15 U.S.C. 78s(b)(3)(A).
(‘‘Commission’’) has submitted to the Ahmed@omb.eop.gov; and (ii) Pamela 4 17 CFR 240.19b–4(f)(6)(iii).
Office of Management and Budget Dyson, Director/Chief Information 5 See Securities Exchange Act Release No. 74892
(‘‘OMB’’) a request for extension of the Officer, Securities and Exchange (May 6, 2015), 80 FR 27513 (May 13, 2015)
previously approved collection of Commission, c/o Remi Pavlik-Simon, (‘‘Approval Order’’).

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Document Created: 2018-02-09 13:18:19
Document Modified: 2018-02-09 13:18:19

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 63560