81 FR 8867 - Transfer Agent Regulations; Extension of Comment Period

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 35 (February 23, 2016)

Page Range		8867-8867
FR Document		2016-03733

The Securities and Exchange Commission (``Commission'') is extending the comment period for the Advance Notice of Proposed Rulemaking, Concept Release and Request for Comment with respect to transfer agent regulations. The original comment period is scheduled to end on February 29, 2016. The Commission is extending the time period in which to provide the Commission with comments by 45 days, until April 14, 2016. This action will allow interested persons additional time to analyze the issues and prepare their comments.

Federal Register, Volume 81 Issue 35 (Tuesday, February 23, 2016)

[Federal Register Volume 81, Number 35 (Tuesday, February 23, 2016)]
[Proposed Rules]
[Page 8867]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-03733]


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SECURITIES AND EXCHANGE COMMISSION

17 CFR Part 240

[Release No. 34-77172; File No. S7-27-15]
RIN 3235-AL55


Transfer Agent Regulations; Extension of Comment Period

AGENCY: Securities and Exchange Commission.

ACTION: Advance notice of proposed rulemaking; Concept release; Request 
for comment; extension of comment period.

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SUMMARY: The Securities and Exchange Commission (``Commission'') is 
extending the comment period for the Advance Notice of Proposed 
Rulemaking, Concept Release and Request for Comment with respect to 
transfer agent regulations. The original comment period is scheduled to 
end on February 29, 2016. The Commission is extending the time period 
in which to provide the Commission with comments by 45 days, until 
April 14, 2016. This action will allow interested persons additional 
time to analyze the issues and prepare their comments.

DATES: Comments on the document published December 31, 2015 (80 FR 
81948) must be in writing and received by April 14, 2016.

ADDRESSES: Comments may be submitted by any of the following methods:

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/concept.shtml);
     Send an email to [email protected]. Please include 
File Number S7-27-15 on the subject line; or
     Use the Federal eRulemaking Portal (http://www.regulations.gov). Follow the instructions for submitting comments.

Paper Comments

     Send paper comments to: Brent J. Fields, Secretary, 
Securities and Exchange Commission, 100 F Street NE., Washington, DC 
20549-1090.

All submissions should refer to File Number S7-27-15. This file number 
should be included on the subject line if email is used. To help us 
process and review your comments more efficiently, please use only one 
method. The Commission will post all comments on the Commission's 
Internet Web site (http://www.sec.gov/rules/concept.shtml). Comments 
are also available for Web site viewing and printing in the 
Commission's Public Reference Room, 100 F Street NE., Washington, DC 
20549, on official business days between the hours of 10:00 a.m. and 
3:00 p.m. All comments received will be posted without change; the 
Commission does not edit personal identifying information from 
submissions. You should submit only information that you wish to make 
publicly available.

FOR FURTHER INFORMATION CONTACT: Moshe Rothman, Branch Chief, Thomas 
Etter, Special Counsel, Catherine Whiting, Special Counsel, Mark 
Saltzburg, Special Counsel, or Elizabeth de Boyrie, Counsel, Office of 
Clearance and Settlement, Division of Trading and Markets, Securities 
and Exchange Commission, 100 F Street NE., Washington, DC 20549-7010 at 
(202) 551-5710.

SUPPLEMENTARY INFORMATION: The Commission has requested comment in its 
Advance Notice of Proposed Rulemaking, Concept Release and Request for 
Comment (``Release'') with respect to transfer agent regulations.\1\ 
The Release identifies and seeks comment in various areas, including 
registration and reporting requirements, safeguarding of funds and 
securities, standards for restrictive legends, and cybersecurity. 
Additionally, the Release generally seeks comment on a broad range of 
topics in the transfer agent space, including the processing of book 
entry securities, recordkeeping for beneficial owners, administration 
of issuer plans, and the role of transfer agents to mutual funds and 
crowdfunding. The Release originally provided that comments must be 
received by February 29, 2016. The Commission has received requests to 
extend the comment period.\2\ The Commission believes that extending 
the comment period would be appropriate in order to provide the public 
additional time to consider and comment on the issues addressed in the 
Release. Therefore, the Commission is extending the public comment 
period for 45 days, until April 14, 2016.
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    \1\ Securities Exchange Act Release No. 76743 (December 22, 
2015), 80 FR 81948 (December 31, 2015).
    \2\ See letters from Todd May, President, Securities Transfer 
Association, dated January 7, 2016; Martin McHale, President, U.S. 
Equity Services, Computershare, dated January 15, 2016; Cristeena G. 
Naser, Vice President and Senior Counsel, Center for Securities, 
Trust & Investment of the American Bankers Association, dated 
January 22, 2015; Alvin Santiago, President, Shareholder Services 
Association, dated January 27, 2016; Thomas F. Price, Manager 
Director, Securities Industry and Financial Markets Association, 
dated February 2, 2016.

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    By the Commission.

    Dated: February 18, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-03733 Filed 2-22-16; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 35 / Tuesday, February 23, 2016 / Proposed Rules 8867

TABLE TO § 652.40(C)—Continued
Discount
Liquidity level Instruments (multiply market value by)

Supplemental Liquidity .................... • Eligible investments under § 652.20 and those approved under 90 percent except discounts for
§ 652.23. Level 1, 2 or 3 investments
apply to such investments held
as supplemental liquidity.

Dated: February 12, 2016. Paper Comments beneficial owners, administration of
Dale L. Aultman, • Send paper comments to: Brent J. issuer plans, and the role of transfer
Secretary, Farm Credit Administration Board. Fields, Secretary, Securities and agents to mutual funds and
[FR Doc. 2016–03626 Filed 2–22–16; 8:45 am] Exchange Commission, 100 F Street NE., crowdfunding. The Release originally
BILLING CODE 6705–01–P Washington, DC 20549–1090. provided that comments must be
All submissions should refer to File received by February 29, 2016. The
Number S7–27–15. This file number Commission has received requests to
SECURITIES AND EXCHANGE should be included on the subject line extend the comment period.2 The
COMMISSION if email is used. To help us process and Commission believes that extending the
review your comments more efficiently, comment period would be appropriate
17 CFR Part 240 please use only one method. The in order to provide the public additional
Commission will post all comments on time to consider and comment on the
[Release No. 34–77172; File No. S7–27–15] issues addressed in the Release.
the Commission’s Internet Web site
RIN 3235–AL55 (http://www.sec.gov/rules/ Therefore, the Commission is extending
concept.shtml). Comments are also the public comment period for 45 days,
Transfer Agent Regulations; Extension available for Web site viewing and until April 14, 2016.
of Comment Period printing in the Commission’s Public By the Commission.
AGENCY: Securities and Exchange Reference Room, 100 F Street NE., Dated: February 18, 2016.
Commission. Washington, DC 20549, on official Brent J. Fields,
ACTION: Advance notice of proposed
business days between the hours of Secretary.
rulemaking; Concept release; Request 10:00 a.m. and 3:00 p.m. All comments [FR Doc. 2016–03733 Filed 2–22–16; 8:45 am]
for comment; extension of comment received will be posted without change;
BILLING CODE 8011–01–P
period. the Commission does not edit personal
identifying information from
SUMMARY: The Securities and Exchange submissions. You should submit only
information that you wish to make DEPARTMENT OF HEALTH AND
Commission (‘‘Commission’’) is HUMAN SERVICES
extending the comment period for the publicly available.
Advance Notice of Proposed FOR FURTHER INFORMATION CONTACT: Food and Drug Administration
Rulemaking, Concept Release and Moshe Rothman, Branch Chief, Thomas
Request for Comment with respect to Etter, Special Counsel, Catherine 21 CFR Part 172
transfer agent regulations. The original Whiting, Special Counsel, Mark
comment period is scheduled to end on Saltzburg, Special Counsel, or Elizabeth [Docket No. FDA–2015–F–4317]
February 29, 2016. The Commission is de Boyrie, Counsel, Office of Clearance
Center for Science in the Public
extending the time period in which to and Settlement, Division of Trading and
Interest, Natural Resources Defense
provide the Commission with comments Markets, Securities and Exchange
Council, Center for Food Safety,
by 45 days, until April 14, 2016. This Commission, 100 F Street NE.,
Consumers Union, Improving Kids’
action will allow interested persons Washington, DC 20549–7010 at (202)
Environment, Center for Environmental
additional time to analyze the issues 551–5710.
Health, Environmental Working Group,
and prepare their comments. SUPPLEMENTARY INFORMATION: The
Environmental Defense Fund, and
DATES: Comments on the document Commission has requested comment in James Huff; Filing of Food Additive
published December 31, 2015 (80 FR its Advance Notice of Proposed Petition; Extension of Comment Period
81948) must be in writing and received Rulemaking, Concept Release and
by April 14, 2016. Request for Comment (‘‘Release’’) with AGENCY: Food and Drug Administration,
respect to transfer agent regulations.1 HHS.
ADDRESSES: Comments may be
The Release identifies and seeks Notification; extension of
ACTION:
submitted by any of the following
comment in various areas, including comment period.
methods:
registration and reporting requirements,
Electronic Comments safeguarding of funds and securities,
asabaliauskas on DSK5VPTVN1PROD with PROPOSALS

2 See letters from Todd May, President, Securities

• Use the Commission’s Internet standards for restrictive legends, and Transfer Association, dated January 7, 2016; Martin
cybersecurity. Additionally, the Release McHale, President, U.S. Equity Services,
comment form (http://www.sec.gov/
generally seeks comment on a broad Computershare, dated January 15, 2016; Cristeena
rules/concept.shtml);
range of topics in the transfer agent G. Naser, Vice President and Senior Counsel, Center
• Send an email to rule-comments@ for Securities, Trust & Investment of the American
space, including the processing of book
sec.gov. Please include File Number S7– Bankers Association, dated January 22, 2015; Alvin
entry securities, recordkeeping for Santiago, President, Shareholder Services
27–15 on the subject line; or
Association, dated January 27, 2016; Thomas F.
• Use the Federal eRulemaking Portal 1 Securities Exchange Act Release No. 76743 Price, Manager Director, Securities Industry and
(http://www.regulations.gov). Follow the (December 22, 2015), 80 FR 81948 (December 31, Financial Markets Association, dated February 2,
instructions for submitting comments. 2015). 2016.

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Document Created: 2018-02-02 14:33:27
Document Modified: 2018-02-02 14:33:27

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		Proposed Rules
Action		Advance notice of proposed rulemaking; Concept release; Request for comment; extension of comment period.
Dates		Comments on the document published December 31, 2015 (80 FR 81948) must be in writing and received by April 14, 2016.
Contact		Moshe Rothman, Branch Chief, Thomas Etter, Special Counsel, Catherine Whiting, Special Counsel, Mark Saltzburg, Special Counsel, or Elizabeth de Boyrie, Counsel, Office of Clearance and Settlement, Division of Trading and Markets, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-7010 at (202) 551-5710.
FR Citation		81 FR 8867
RIN Number		3235-AL55