81 FR 87633 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 233 (December 5, 2016)

Page Range		87633-87633
FR Document		2016-29088

Federal Register, Volume 81 Issue 233 (Monday, December 5, 2016)

[Federal Register Volume 81, Number 233 (Monday, December 5, 2016)]
[Notices]
[Page 87633]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-29088]


-----------------------------------------------------------------------

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 12h-1(f); SEC File No. 270-570; OMB Control No. 3235-0632.

    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 12h-1(f) (17 CFR 240.12h-1(f)) under the Securities Exchange 
Act of 1934 (``Exchange Act'') provides an exemption from the Exchange 
Act Section 12(g) registration requirements for compensatory employee 
stock options of issuers that are not required to file periodic reports 
under the Exchange Act. The information required under Exchange Act 
Rule 12h-1 is not filed with the Commission. Exchange Act Rule 12h-1(f) 
permits issuers to provide the required information to the option 
holders either by: (i) Physical or electronic delivery of the 
information; or (ii) written notice to the option holders of the 
availability of the information on a password-protected Internet site. 
We estimate that it takes approximately 2 burden hours per response to 
prepare and provide the information required under Rule 12h-1(f) and it 
is prepared and provided by approximately 40 respondents. We estimate 
that 25% of the 2 hours per response (0.5 hours per response) is 
prepared by the company for a total annual reporting burden of 20 hours 
(0.5 hours per response x 40 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.
    The public may view the 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 send an email 
to: [email protected]. Comments must be submitted to OMB within 30 
days of this notice.

    Dated: November 23, 2016.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-29088 Filed 12-2-16; 8:45 am]
BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 233 / Monday, December 5, 2016 / Notices 87633

those that may be withheld from the option holders either by: (i) Physical or and Exchange Commission (‘‘SEC’’ or
public in accordance with the electronic delivery of the information; ‘‘Commission’’) the proposed rule
provisions of 5 U.S.C. 552, will be or (ii) written notice to the option change as described in Items I, II, and
available for Web site viewing and holders of the availability of the III below, which Items have been
printing in the Commission’s Public information on a password-protected prepared by the Exchange. The
Reference Room, 100 F Street NE., Internet site. We estimate that it takes Commission is publishing this notice to
Washington, DC 20549 on official approximately 2 burden hours per solicit comments on the proposed rule
business days between the hours of response to prepare and provide the change from interested persons.
10:00 a.m. and 3:00 p.m. Copies of the information required under Rule 12h– I. Self-Regulatory Organization’s
filing also will be available for 1(f) and it is prepared and provided by Statement of the Terms of Substance of
inspection and copying at the principal approximately 40 respondents. We the Proposed Rule Change
office of the Exchange. All comments estimate that 25% of the 2 hours per
received will be posted without change; response (0.5 hours per response) is The Exchange proposes to amend
the Commission does not edit personal prepared by the company for a total Phlx Rule 1034 (Minimum Increments),3
identifying information from annual reporting burden of 20 hours (0.5 to extend through June 30, 2017 or the
submissions. You should submit only hours per response × 40 responses). date of permanent approval, if earlier,
information that you wish to make An agency may not conduct or the Penny Pilot Program in options
available publicly. All submissions sponsor, and a person is not required to classes in certain issues (‘‘Penny Pilot’’
should refer to File Number SR– respond to, a collection of information or ‘‘Pilot’’), and to change the date when
NASDAQ–2016–161 and should be unless it displays a currently valid delisted classes may be replaced in the
submitted on or before December 27, control number. Penny Pilot.4
2016. The public may view the background Proposed new language is italicized
documentation for this information and proposed deleted language is
For the Commission, by the Division of
Trading and Markets, pursuant to delegated collection at the following Web site, [bracketed].
authority.32 www.reginfo.gov. Comments should be * * * * *
Eduardo A. Aleman, directed to: (i) Desk Officer for the NASDAQ PHLX Rules
Assistant Secretary. Securities and Exchange Commission,
Office of Information and Regulatory Options Rules
[FR Doc. 2016–29116 Filed 12–2–16; 8:45 am]
BILLING CODE 8011–01–P Affairs, Office of Management and * * * * *
Budget, Room 10102, New Executive
Rule 1034. Minimum Increments
Office Building, Washington, DC 20503,
SECURITIES AND EXCHANGE or by sending an email to: Shagufta_ (a) Except as provided in sub-
COMMISSION Ahmed@omb.eop.gov; and (ii) Pamela paragraphs (i)(B) and (iii) below, all
Dyson, Director/Chief Information options on stocks, index options, and
Submission for OMB Review; Officer, Securities and Exchange Exchange Traded Fund Shares quoting
Comment Request Commission, c/o Remi Pavlik-Simon, in decimals at $3.00 or higher shall have
100 F Street NE., Washington, DC 20549 a minimum increment of $.10, and all
Upon Written Request Copies Available options on stocks and index options
From: Securities and Exchange or send an email to: PRA_Mailbox@
sec.gov. Comments must be submitted to quoting in decimals under $3.00 shall
Commission, Office of FOIA Services,
OMB within 30 days of this notice. have a minimum increment of $.05.
100 F Street NE., Washington, DC (i)(A) No Change.
20549–2736. Dated: November 23, 2016. (B) For a pilot period scheduled to
Extension: Robert W. Errett, expire [December 31, 2016] June 30,
Rule 12h–1(f); SEC File No. 270–570; OMB Deputy Secretary. 2017 or the date of permanent approval,
Control No. 3235–0632. [FR Doc. 2016–29088 Filed 12–2–16; 8:45 am] if earlier (the ‘‘pilot’’), certain options
Notice is hereby given that, pursuant BILLING CODE 8011–01–P shall be quoted and traded on the
to the Paperwork Reduction Act of 1995 Exchange in minimum increments of
(44 U.S.C. 3501 et seq.), the Securities $0.01 for all series in such options with
and Exchange Commission SECURITIES AND EXCHANGE a price of less than $3.00, and in
(‘‘Commission’’) has submitted to the COMMISSION minimum increments of $0.05 for all
Office of Management and Budget this [Release No. 34–79425; File No. SR–Phlx–
series in such options with a price of
request for extension of the previously 2016–115] $3.00 or higher, except that options
approved collection of information overlying the PowerShares QQQ Trust
discussed below. Self-Regulatory Organizations; (‘‘QQQQ’’)®, SPDR S&P 500 Exchange
Rule 12h–1(f) (17 CFR 240.12h–1(f)) NASDAQ PHLX LLC; Notice of Filing Traded Funds (‘‘SPY’’), and iShares
under the Securities Exchange Act of and Immediate Effectiveness of Russell 2000 Index Funds (‘‘IWM’’)
1934 (‘‘Exchange Act’’) provides an Proposed Rule Change To Extend the shall be quoted and traded in minimum
exemption from the Exchange Act Penny Pilot Program
Section 12(g) registration requirements 3 References herein to rules refer to rules of Phlx,

for compensatory employee stock November 29, 2016. unless otherwise noted.
4 The Penny Pilot was established in January 2007
options of issuers that are not required Pursuant to Section 19(b)(1) of the
and was last extended in 2016. See Securities
sradovich on DSK3GMQ082PROD with NOTICES

to file periodic reports under the Securities Exchange Act of 1934 Exchange Act Release Nos. 55153 (January 23,
Exchange Act. The information required (‘‘Act’’),1 and Rule 19b–4 thereunder,2 2007), 72 FR 4553 (January 31, 2007) (SR–Phlx–
under Exchange Act Rule 12h–1 is not notice is hereby given that on November 2006–74); 75286 (June 24, 2015), 80 FR 37333 (June
filed with the Commission. Exchange 16, 2016, NASDAQ PHLX LLC (‘‘Phlx’’ 30, 2015) (SR–Phlx–2015–54) (notice of filing and
Act Rule 12h–1(f) permits issuers to approval order establishing Penny Pilot); and 78060
or ‘‘Exchange’’) filed with the Securities (June 14, 2016), 81 FR 39979 (June 20, 2016) (SR–
provide the required information to the Phlx–2016–47) (notice of filing and immediate
1 15 U.S.C. 78s(b)(1). effectiveness extending the Penny Pilot through
32 17 CFR 200.30–3(a)(12). 2 17 CFR 240.19b–4. December 31, 2016).

VerDate Sep<11>2014 19:12 Dec 02, 2016 Jkt 241001 PO 00000 Frm 00104 Fmt 4703 Sfmt 4703 E:\FR\FM\05DEN1.SGM 05DEN1

Document Created: 2016-12-03 00:26:15
Document Modified: 2016-12-03 00:26:15

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 87633