81_FR_64741 81 FR 64559 - Submission for OMB Review; Comment Request

81 FR 64559 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 182 (September 20, 2016)

Page Range64559-64560
FR Document2016-22625

Federal Register, Volume 81 Issue 182 (Tuesday, September 20, 2016) 
[Federal Register Volume 81, Number 182 (Tuesday, September 20, 2016)]
[Notices]
[Pages 64559-64560]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-22625]


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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:
    Notice of Exempt Preliminary Roll-Up Communication, SEC File No. 
270-396, OMB Control No. 3235-0452.

    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'') has submitted to the Office of Management 
and Budget this request for extension of the previously approved 
collection of information discussed below.
    Rule 14a-6(n) [17 CFR 240.14a-6(n)] under the Securities Exchange 
Act of 1934 (``Exchange Act'') (U.S.C. 78a et seq.) requires any person 
that engages in a proxy solicitation is subject to

[[Page 64560]]

Exchange Act Rule 14a-2(b)(4) [17 CFR 240.14a-2(b)(4)] to file a Notice 
of Exempt Preliminary Roll-Up Communication (``Notice'') [17 CFR 
240.14a-104] with the Commission. The Notice provides information 
regarding ownership interest and any potential conflicts of interest to 
be included in statements submitted by or on behalf of a person 
engaging in the solicitation. The Notice is filed on occasion and the 
information required is mandatory. All information is provided to the 
public upon request. We estimate the Notice takes approximately 0.25 
hours per response and is filed by approximately 4 respondents for a 
total of one annual burden hour (0.25 hours per response x 4 
responses).
    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.
    Written comments regarding the above information should be directed 
to the following persons: (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 send an email to: 
Shagufta_Ahmed@omb.eop.gov; and (ii) Thomas Bayer, 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: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 
days of this notice.

    Dated: September 15, 2016.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-22625 Filed 9-19-16; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 182 / Tuesday, September 20, 2016 / Notices 64559 and a national market system, and, in specified in the Plan, and must take the submission, all subsequent general, to protect investors and the same steps that the Exchange has to amendments, all written statements public interest. The Exchange believes conform its existing rules to the with respect to the proposed rule that the proposed rule change is requirements of the Plan. Therefore, the change that are filed with the consistent with the Act because it proposed changes would not impose Commission, and all written allows the Exchange to make changes to any burden on competition, while communications relating to the its handling of Order Types and Order providing certainty of treatment and proposed rule change between the Attributes necessary to implement the execution of trading interests on the Commission and any person, other than requirements of the Plan on its System. Exchange to market participants in NMS those that may be withheld from the The Plan, which was approved by the Stocks that are acting in compliance public in accordance with the Commission pursuant to an order issued with the requirements specified in the provisions of 5 U.S.C. 552, will be by the Commission in reliance on Plan. available for Web site viewing and Section 11A of the Act,41 provides the printing in the Commission’s Public Exchange authority to establish, C. Self-Regulatory Organization’s Reference Room, 100 F Street NE., maintain, and enforce written policies Statement on Comments on the Washington, DC 20549, on official and procedures that are reasonably Proposed Rule Change Received From business days between the hours of designed to comply with applicable Members, Participants, or Others 10:00 a.m. and 3:00 p.m. Copies of the quoting and trading requirements No written comments were either filing also will be available for specified in the Plan. The Exchange solicited or received. inspection and copying at the principal believes that the proposed rule change office of the Exchange. All comments III. Date of Effectiveness of the is consistent with the authority granted received will be posted without change; Proposed Rule Change and Timing for to it by the Plan to establish the Commission does not edit personal Commission Action specifications and procedures for the identifying information from implementation and operation of the Within 45 days of the date of submissions. You should submit only Plan that are consistent with the publication of this notice in the Federal information that you wish to make provisions of the Plan. Likewise, the Register or within such longer period (i) available publicly. All submissions Exchange believes that the proposed as the Commission may designate up to should refer to File Number SR–Phlx– rule change provides interpretations of 90 days of such date if it finds such 2016–92, and should be submitted on or the Plan that are consistent with the longer period to be appropriate and before October 4, 2016. Act, in general, and furthers the publishes its reasons for so finding or For the Commission, by the Division of objectives of the Act, in particular. (ii) as to which the Exchange consents, Trading and Markets, pursuant to delegated The Exchange is a Participant under the Commission shall: (a) By order authority.42 the Plan and is subject to the Plan’s approve or disapprove such proposed Robert W. Errett, provisions. The proposed rule change rule change, or (b) institute proceedings Deputy Secretary. ensures that the Exchange’s systems to determine whether the proposed rule [FR Doc. 2016–22534 Filed 9–19–16; 8:45 am] would not display or execute trading change should be disapproved. BILLING CODE 8011–01–P interests outside the requirements specified in such Plan, which otherwise IV. Solicitation of Comments may occur given existing System Interested persons are invited to SECURITIES AND EXCHANGE functionality. The proposal would also submit written data, views, and COMMISSION help allow market participants to arguments concerning the foregoing, continue to trade NMS Stocks, within including whether the proposed rule Submission for OMB Review; quoting and trading requirements that change is consistent with the Act. Comment Request are in compliance with the Plan, with Comments may be submitted by any of certainty on how certain orders and the following methods: Upon Written Request Copies Available trading interests would be treated. This, From: Securities and Exchange Electronic Comments Commission, Office of FOIA Services, in turn, will help encourage market participants to continue to provide • Use the Commission’s Internet 100 F Street NE., Washington, DC liquidity in the marketplace. comment form (http://www.sec.gov/ 20549–2736. rules/sro.shtml); or Extension: B. Self-Regulatory Organization’s • Send an email to rule-comments@ Notice of Exempt Preliminary Roll-Up Statement on Burden on Competition sec.gov. Please include File Number SR– Communication, SEC File No. 270–396, The Exchange does not believe that Phlx–2016–92 on the subject line. OMB Control No. 3235–0452. the proposed rule change will impose Notice is hereby given that, pursuant Paper Comments any burden on competition that is not to the Paperwork Reduction Act of 1995 necessary or appropriate in furtherance • Send paper comments in triplicate (44 U.S.C. 3501 et seq.) the Securities of the purposes of the Act. The to Secretary, Securities and Exchange and Exchange Commission proposed changes are being made to Commission, 100 F Street NE., (‘‘Commission’’) has submitted to the establish, maintain, and enforce written Washington, DC 20549–1090. Office of Management and Budget this policies and procedures that are All submissions should refer to File request for extension of the previously reasonably designed to comply with the Number SR–Phlx–2016–92. This file approved collection of information number should be included on the sradovich on DSK3GMQ082PROD with NOTICES trading and quoting requirements discussed below. specified in the Plan, of which other subject line if email is used. To help the Rule 14a–6(n) [17 CFR 240.14a–6(n)] equities exchanges are also Participants. Commission process and review your under the Securities Exchange Act of Other competing national securities comments more efficiently, please use 1934 (‘‘Exchange Act’’) (U.S.C. 78a et exchanges are subject to the same only one method. The Commission will seq.) requires any person that engages in trading and quoting requirements post all comments on the Commission’s a proxy solicitation is subject to Internet Web site (http://www.sec.gov/ 41 15 U.S.C. 78k–1. rules/sro.shtml). Copies of the 42 17 CFR 200.30–3(a)(12). VerDate Sep<11>2014 17:13 Sep 19, 2016 Jkt 238001 PO 00000 Frm 00132 Fmt 4703 Sfmt 4703 E:\FR\FM\20SEN1.SGM 20SEN1

64560 Federal Register / Vol. 81, No. 182 / Tuesday, September 20, 2016 / Notices Exchange Act Rule 14a–2(b)(4) [17 CFR SECURITIES AND EXCHANGE received regarding the proposed rule 240.14a–2(b)(4)] to file a Notice of COMMISSION change. The Commission is publishing Exempt Preliminary Roll-Up this notice to solicit comments on [Release No. 34–78847; File No. SR– Communication (‘‘Notice’’) [17 CFR Amendment No. 1 from interested BatsBZX–2016–34] 240.14a–104] with the Commission. The persons, and is approving the proposed Notice provides information regarding Self-Regulatory Organizations; Bats rule change, as modified by ownership interest and any potential BZX Exchange, Inc.; Notice of Filing of Amendments No. 1 and No. 2, on an conflicts of interest to be included in Amendment No. 1, and Order Granting accelerated basis. statements submitted by or on behalf of Accelerated Approval of a Proposed II. The Exchange’s Description of the a person engaging in the solicitation. Rule Change, as Modified by Proposed Rule Change 8 The Notice is filed on occasion and the Amendments No. 1 and No. 2, to BZX The Exchange proposes to list and information required is mandatory. All Rule 14.1(i), Managed Fund Shares, To trade the Shares under BZX Rule information is provided to the public List and Trade Shares of the 14.11(i), which governs the listing and upon request. We estimate the Notice ProShares Crude Oil Strategy ETF trading of Managed Fund Shares on the takes approximately 0.25 hours per September 15, 2016. Exchange.9 The Fund will be an actively response and is filed by approximately managed fund that seeks to provide 4 respondents for a total of one annual I. Introduction exposure to the West Texas Intermediate burden hour (0.25 hours per response × On July 1, 2016, Bats BZX Exchange, (‘‘WTI’’) crude oil futures markets. The 4 responses). Inc. (‘‘Exchange’’ or ‘‘BZX’’) filed with Fund’s strategy seeks to improve An agency may not conduct or the Securities and Exchange performance over index based strategies Commission (‘‘Commission’’), pursuant by actively managing the rolling of WTI sponsor, and a person is not required to to Section 19(b)(1) of the Securities crude oil futures contracts. respond to, a collection of information The Shares will be offered by the Exchange Act of 1934 (‘‘Exchange unless it displays a currently valid Trust. According to the Exchange, the Act’’) 1 and Rule 19b–4 thereunder,2 a control number. Trust is registered with the Commission proposed rule change to list and trade Written comments regarding the shares (‘‘Shares’’) of the ProShares K–1 as an open-end investment company.10 above information should be directed to Free Crude Oil Strategy ETF (‘‘Fund’’), ProShare Advisors LLC is the the following persons: (i) Desk Officer a series of ProShares Trust (‘‘Trust’’), investment adviser (‘‘Adviser’’) 11 to the for the Securities and Exchange under Rule 14.11(i) (‘‘Managed Fund Commission, Office of Information and Shares’’). The proposed rule change was surveillance procedures constitute continued listing requirements for listing the Shares on the Exchange; Regulatory Affairs, Office of published for comment in the Federal (2) the issuer has represented to the Exchange that Management and Budget, Room 10102, Register on July 21, 2016.3 The it will advise the Exchange of any failure by the New Executive Office Building, Commission received no comments on Fund to comply with the continued listing the proposed rule change. On August requirements; (3) pursuant to its obligations under Washington, DC 20503 or send an email Section 19(g)(1) of the Exchange Act, the Exchange to: Shagufta_Ahmed@omb.eop.gov; and 19, 2016, the Exchange filed will surveil for compliance with the continued (ii) Thomas Bayer, Director/Chief Amendment No. 1 to the proposed rule listing requirements; and (4) if the Fund is not in change, which amended and replaced compliance with the applicable listing Information Officer, Securities and requirements, the Exchange will commence Exchange Commission, c/o Remi Pavlik- the original proposal in its entirety.4 On delisting procedures under BZX Rule 14.12. Simon, 100 F Street NE., Washington, August 23, 2016, pursuant to Section Amendments No. 1 and No. 2 are available at: DC 20549; or send an email to: PRA_ 19(b)(2) of the Exchange Act,5 the https://www.sec.gov/comments/sr-batsbzx-2016-34/ Commission designated a longer period batsbzx201634.shtml. Because Amendment No. 2 Mailbox@sec.gov. Comments must be does not materially alter the substance of the within which to approve the proposed submitted to OMB within 30 days of proposed rule change or raise unique or novel rule change, disapprove the proposed regulatory issues, it is not subject to notice and this notice. rule change, or institute proceedings to comment. Dated: September 15, 2016. determine whether to disapprove the 8 The Commission notes that additional information regarding the Trust, the Fund, its Robert W. Errett, proposed rule change.6 On September investments, and the Shares, including investment Deputy Secretary. 15, 2016, the Exchange filed strategies, risks, creation and redemption [FR Doc. 2016–22625 Filed 9–19–16; 8:45 am] Amendment No. 2 to the proposed rule procedures, fees, portfolio holdings disclosure change.7 No comments have been policies, calculation of net asset value (‘‘NAV’’), BILLING CODE 8011–01–P distributions, and taxes, among other things, can be 1 15 found in the Amendment No. 1 and the Registration U.S.C. 78s(b)(1). Statement, as applicable. See Amendment No. 1, 2 17 CFR 240.19b–4. supra note 4, and Registration Statement, infra note 3 See Securities Exchange Act Release No. 78346 10. (July 15, 2016), 81 FR 47475. 9 The Commission approved BZX Rule 14.11(i) in 4 In Amendment No. 1, the Exchange clarified Securities Exchange Act Release No. 65225 (August certain details regarding the holdings of the Fund, 30, 2011), 76 FR 55148 (September 6, 2011) (SR– clarified a point regarding surveillance over futures BATS–2011–018). contracts held by the Fund, and added details about 10 The Exchange states that the Trust has filed a the Fund. registration statement on behalf of the Fund with 5 15 U.S.C. 78s(b)(2). the Commission. See Registration Statement on 6 See Securities Exchange Act Release No. 78643, Form N–1A for the Trust, dated May 3, 2016 (File 81 FR 59253 (August 29, 2016). The Commission Nos. 333–89822 and 811–21114) (‘‘Registration sradovich on DSK3GMQ082PROD with NOTICES designated October 19, 2016, as the date by which Statement’’). The Exchange states that the the Commission shall either approve or disapprove, Commission has issued an order granting certain or institute proceedings to determine whether to exemptive relief to the Trust under the Investment disapprove, the proposed rule change. Company Act of 1940 (‘‘1940 Act’’). See Investment 7 In Amendment No. 2, the Exchange represented Company Act Release No. 30562 (June 18, 2013) that: (1) All statements and representations made in (File No. 812–14041). the filing regarding the description of the portfolio, 11 The Exchange states that the Adviser has limitations on portfolio holdings or reference assets, registered as a Commodity Pool Operator and will or the applicability of Exchange rules and become a member of the National Futures VerDate Sep<11>2014 17:13 Sep 19, 2016 Jkt 238001 PO 00000 Frm 00133 Fmt 4703 Sfmt 4703 E:\FR\FM\20SEN1.SGM 20SEN1


Document Created: 2018-02-09 13:20:41
Document Modified: 2018-02-09 13:20:41
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation81 FR 64559 
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