81 FR 71778 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 201 (October 18, 2016)

Page Range		71778-71778
FR Document		2016-25089
Federal Register, Volume 81 Issue 201 (Tuesday, October 18, 2016)
[Federal Register Volume 81, Number 201 (Tuesday, October 18, 2016)]
[Notices]
[Page 71778]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-25089]


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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 6a-4, Form 1-N; SEC File No. 270-496, OMB Control No. 3235-
0554.

    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 provided for in Rule 6a-4 and Form 1-N, summarized below. 
The Commission plans to submit this existing collection of information 
to the Office of Management and Budget for extension and approval. The 
Code of Federal Regulation citation to this collection of information 
is 17 CFR 240.6a-4 and 17 CFR 249.10 under the Securities Exchange Act 
of 1934 (15 U.S.C. 78a et seq.) (the ``Act'').
    Section 6 of the Act \1\ sets out a framework for the registration 
and regulation of national securities exchanges. Under the Commodity 
Futures Modernization Act of 2000, a futures market may trade security 
futures products by registering as a national securities exchange. Rule 
6a-4 \2\ sets forth these registration procedures and directs futures 
markets to submit a notice registration on Form 1-N.\3\ Form 1-N calls 
for information regarding how the futures market operates, its rules 
and procedures, corporate governance, its criteria for membership, its 
subsidiaries and affiliates, and the security futures products it 
intends to trade. Rule 6a-4 also requires entities that have submitted 
an initial Form 1-N to file: (1) Amendments to Form 1-N in the event of 
material changes to the information provided in the initial Form 1-N; 
(2) periodic updates of certain information provided in the initial 
Form 1-N; (3) certain information that is provided to the futures 
market's members; and (4) a monthly report summarizing the futures 
market's trading of security futures products. The information required 
to be filed with the Commission pursuant to Rule 6a-4 is designed to 
enable the Commission to carry out its statutorily mandated oversight 
functions and to ensure that registered and exempt exchanges continue 
to be in compliance with the Act.
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    \1\ 15 U.S.C. 78f.
    \2\ 17 CFR 240.6a-4.
    \3\ 17 CFR 249.10.
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    The respondents to the collection of information are futures 
markets.
    The Commission estimates that the total annual burden for all 
respondents to provide ad hoc amendments \4\ to keep the Form 1-N 
accurate and up to date as required under Rule 6a-4 would be 60 hours 
(15 hours/respondent per year x 4 respondents \5\) and $400 of 
miscellaneous clerical expenses. The Commission estimates that the 
total annual burden for all respondents to provide annual and three-
year amendments \6\ under Rule 6a-4 would be 88 hours (22 hours/
respondent per year x 4 respondents) and $576 ($144 per year x 4 
respondents \7\). The Commission estimates that the total annual burden 
for the filing of the supplemental information \8\ and the monthly 
reports required under Rule 6a-4 would be 24 hours (6 hours/respondent 
per year x 4 respondents \9\) and $240 of miscellaneous clerical 
expenses. Thus, the Commission estimates the total annual burden for 
complying with Rule 6a-4 is 172 hours and $1216 in miscellaneous 
clerical expenses.
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    \4\ 17 CFR 240.6a-4(b)(1).
    \5\ The Commission estimates that four exchanges will file 
amendments with the Commission in order to keep their Form 1-N 
current.
    \6\ 17 CFR 240.6a-4(b)(3) and (4).
    \7\ The Commission notes that while there are currently five 
Security Futures Product Exchanges, one of those exchanges, NQLX, is 
dormant.
    \8\ 17 CFR 240.6a-4(c).
    \9\ See supra footnote 7.
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    Compliance with Rule 6a-4 is mandatory. Information received in 
response to Rule 6a-4 shall not be kept confidential; the information 
collected is public information.
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information shall 
have practical utility; (b) the accuracy of the agency'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: October 12, 2016.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-25089 Filed 10-17-16; 8:45 am]
 BILLING CODE 8011-01-P
71778 Federal Register / Vol. 81, No. 201 / Tuesday, October 18, 2016 / Notices

Dated: October 11, 2016. monthly report summarizing the futures other forms of information technology.
Robert W. Errett, market’s trading of security futures Consideration will be given to
Deputy Secretary. products. The information required to comments and suggestions submitted in
[FR Doc. 2016–25088 Filed 10–17–16; 8:45 am] be filed with the Commission pursuant writing within 60 days of this
BILLING CODE 8011–01–P to Rule 6a–4 is designed to enable the publication.
Commission to carry out its statutorily An agency may not conduct or
mandated oversight functions and to sponsor, and a person is not required to
SECURITIES AND EXCHANGE ensure that registered and exempt respond to, a collection of information
COMMISSION exchanges continue to be in compliance under the PRA unless it displays a
with the Act. currently valid OMB control number.
Proposed Collection; Comment The respondents to the collection of Please direct your written comments
Request information are futures markets. to: Pamela Dyson, Director/Chief
The Commission estimates that the Information Officer, Securities and
Upon Written Request, Copies Available total annual burden for all respondents
From: Securities and Exchange Exchange Commission, c/o Remi Pavlik-
to provide ad hoc amendments 4 to keep Simon, 100 F Street NE., Washington,
Commission, Office of FOIA Services, the Form 1–N accurate and up to date
100 F Street NE., Washington, DC DC 20549 or send an email to: PRA_
as required under Rule 6a–4 would be Mailbox@sec.gov.
20549–2736. 60 hours (15 hours/respondent per year
Dated: October 12, 2016.
Extension: × 4 respondents 5) and $400 of
Rule 6a–4, Form 1–N; SEC File No. 270– miscellaneous clerical expenses. The Robert W. Errett,
496, OMB Control No. 3235–0554. Commission estimates that the total Deputy Secretary.
Notice is hereby given that pursuant annual burden for all respondents to [FR Doc. 2016–25089 Filed 10–17–16; 8:45 am]
to the Paperwork Reduction Act of 1995 provide annual and three-year BILLING CODE 8011–01–P
(44 U.S.C. 3501 et seq.), the Securities amendments 6 under Rule 6a–4 would
and Exchange Commission be 88 hours (22 hours/respondent per
(‘‘Commission’’) is soliciting comments year × 4 respondents) and $576 ($144 SECURITIES AND EXCHANGE
on the collection of information per year × 4 respondents 7). The COMMISSION
provided for in Rule 6a–4 and Form 1– Commission estimates that the total [Release No. 34–79084; File No. SR–
N, summarized below. The Commission annual burden for the filing of the BatsBZX–2016–30]
plans to submit this existing collection supplemental information 8 and the
of information to the Office of monthly reports required under Rule Self-Regulatory Organizations; Bats
Management and Budget for extension 6a–4 would be 24 hours (6 hours/ BZX Exchange, Inc.; Order Instituting
and approval. The Code of Federal respondent per year × 4 respondents 9) Proceedings To Determine Whether To
Regulation citation to this collection of and $240 of miscellaneous clerical Approve or Disapprove a Proposed
information is 17 CFR 240.6a–4 and 17 expenses. Thus, the Commission Rule Change to BZX Rule 14.11(e)(4),
CFR 249.10 under the Securities estimates the total annual burden for Commodity-Based Trust Shares, To
Exchange Act of 1934 (15 U.S.C. 78a et complying with Rule 6a–4 is 172 hours List and Trade Winklevoss Bitcoin
seq.) (the ‘‘Act’’). and $1216 in miscellaneous clerical Shares Issued by the Winklevoss
Section 6 of the Act 1 sets out a expenses. Bitcoin Trust
framework for the registration and Compliance with Rule 6a–4 is
regulation of national securities October 12, 2016.
mandatory. Information received in
exchanges. Under the Commodity response to Rule 6a–4 shall not be kept On June 30, 2016, Bats BZX Exchange,
Futures Modernization Act of 2000, a confidential; the information collected Inc. (‘‘BZX’’ or ‘‘Exchange’’) filed with
futures market may trade security is public information. the Securities and Exchange
futures products by registering as a Written comments are invited on: (a) Commission (‘‘Commission’’), pursuant
national securities exchange. Rule 6a– Whether the proposed collection of to Section 19(b)(1) of the Securities
4 2 sets forth these registration information is necessary for the proper Exchange Act of 1934 (‘‘Act’’) 1 and Rule
procedures and directs futures markets performance of the functions of the 19b–4 thereunder,2 a proposed rule
to submit a notice registration on Form agency, including whether the change to list and trade Winklevoss
1–N.3 Form 1–N calls for information information shall have practical utility; Bitcoin Shares (‘‘Shares’’) issued by the
regarding how the futures market (b) the accuracy of the agency’s estimate Winklevoss Bitcoin Trust (‘‘Trust’’)
operates, its rules and procedures, of the burden of the proposed collection under BZX Rule 14.11(e)(4). The
corporate governance, its criteria for of information; (c) ways to enhance the proposed rule change was published for
membership, its subsidiaries and quality, utility, and clarity of the comment in the Federal Register on July
affiliates, and the security futures information to be collected; and (d) 14, 2016.3
products it intends to trade. Rule 6a–4 ways to minimize the burden of the The Commission has received six
also requires entities that have collection of information on comment letters on the proposed rule
submitted an initial Form 1–N to file: (1) respondents, including through the use change.4 On August 23, 2016, pursuant
Amendments to Form 1–N in the event of automated collection techniques or 1 15 U.S.C. 78s(b)(1).
of material changes to the information 2 17 CFR 240.19b–4.
provided in the initial Form 1–N; (2) 4 17 CFR 240.6a–4(b)(1). 3 See Securities Exchange Act Release No. 78262
periodic updates of certain information 5 The Commission estimates that four exchanges (Jul. 8, 2016), 81 FR 45554 (‘‘Notice’’).
Lhorne on DSK30JT082PROD with NOTICES

provided in the initial Form 1–N; (3) will file amendments with the Commission in order 4 See Letters from Robert D. Miller, VP Technical
to keep their Form 1–N current.
certain information that is provided to 6 17 CFR 240.6a–4(b)(3) and (4).
Services, RKL eSolutions (July 11, 2016) (‘‘Miller
the futures market’s members; and (4) a Letter’’); Jorge Stolfi, Full Professor, Institute of
7 The Commission notes that while there are
Computing UNICAMP (July 13, 2016) (‘‘Stolfi
currently five Security Futures Product Exchanges, Letter’’); Guillaume Lethuillier (July 26, 2016)
1 15 U.S.C. 78f. one of those exchanges, NQLX, is dormant. (‘‘Lethuillier Letter’’); Michael B. Casey (July 31,
2 17 CFR 240.6a–4. 8 17 CFR 240.6a–4(c).
2016) (‘‘Casey Letter’’); Erik A. Aronesty, Sr.
3 17 CFR 249.10. 9 See supra footnote 7. Software Engineer, Bloomberg LP (Aug. 2, 2016)

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Document Created: 2016-10-17 23:52:29
Document Modified: 2016-10-17 23:52:29
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 71778