82_FR_29247 82 FR 29125 - Submission for OMB Review; Comment Request

82 FR 29125 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 122 (June 27, 2017)

Page Range29125-29126
FR Document2017-13424

Federal Register, Volume 82 Issue 122 (Tuesday, June 27, 2017) 
[Federal Register Volume 82, Number 122 (Tuesday, June 27, 2017)]
[Notices]
[Pages 29125-29126]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-13424]


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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 17Ac3-1(a) and Form TA-W; SEC File No. 270-96 OMB Control 
No. 3235-0151.

    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 
17Ac3-1(a) (17 CFR 240.17Ac3-1(a)) and Form TA-W (17 CFR 249b.101), 
under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.).
    Section 17A(c)(4)(B) of the Securities Exchange Act of 1934 
authorizes transfer agents registered with an appropriate regulatory 
agency (``ARA'') to withdraw from registration by filing with the ARA a 
written notice of withdrawal and by agreeing to such terms and 
conditions as the ARA deems necessary or appropriate in the public 
interest, for the protection of investors, or in the furtherance of the 
purposes of Section 17A.
    In order to implement Section 17A(c)(4)(B) of the Exchange Act, the 
Commission promulgated Rule 17Ac3-1(a) and accompanying Form TA-W on 
September 1, 1977. Rule 17Ac3-1(a) provides that notice of withdrawal 
of registration as a transfer agent with the Commission shall be filed 
on Form TA-W. Form TA-W requires the withdrawing transfer agent to 
provide the Commission with certain information, including: (1) The 
locations where transfer agent activities are or were performed; (2) 
the reasons for ceasing the performance of such activities; (3) 
disclosure of unsatisfied judgments or liens; and (4) information 
regarding successor transfer agents.
    The Commission uses the information disclosed on Form TA-W to 
determine whether the registered transfer agent applying for withdrawal 
from registration as a transfer agent should be allowed to deregister 
and, if so, whether the Commission should attach to the granting of the 
application any terms or conditions necessary or appropriate in the 
public interest, for the protection of investors, or in furtherance of 
the purposes of Section 17A of the Exchange Act. Without Rule 17Ac3-
1(a) and Form TA-W, transfer agents registered with the Commission 
would not have a means to voluntarily deregister it is necessary or 
appropriate to do so.
    On average, respondents have filed approximately 17 TA-Ws with the 
Commission annually from 2014 to 2017. A Form TA-W filing occurs only 
once, when a transfer agent is seeking deregistration. Approximately 80 
percent of Form TA-Ws are completed by the transfer agent or its 
employees and approximately 20 percent of Form TA-Ws are completed by 
an outside filing agent that is hired by the registrant to prepare the 
form and file it electronically. In view of the readily-available 
information requested by Form TA-W, its short and simple presentation, 
and the Commission's experience with the filers, we estimate that 
approximately 30 minutes is required to complete and file Form TA-W. 
For transfer agents that complete Form TA-W themselves, we estimate the 
internal labor cost of compliance per filing is $25 (0.5 hours x $50 
average hourly rate for clerical staff time). We estimate that outside 
filing agents charge $100 to complete and file at TA-W on behalf of a 
registrant, reflecting an external labor cost to respondents. The total 
annual time burden to the transfer agent industry is approximately 9 
hours (17 filings x 0.5 hours). The total annual external labor cost to 
respondents is $340 (17 annual forms x $100 x 20%).
    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.

[[Page 29126]]

    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: June 21, 2017
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-13424 Filed 6-26-17; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices 29125 child support and dependency 60-day notice (82 FR 17298 on April 10, increasing an employee or spouse requirements are prescribed in 20 CFR 2017) required by 44 U.S.C. 3506(c)(2). annuity under the social security overall 222.50–57. That request elicited no comments. minimum provisions on the basis of the In order to correctly determine if an presence of a dependent child, the applicant is entitled to a child’s annuity Information Collection Request (ICR) employee’s natural child in limited based on actual dependency, the RRB Title: Statement Regarding situations, adopted children, uses Form G–139, Statement Regarding Contributions and Support of Children. stepchildren, grandchildren and step- Contributions and Support of Children, OMB Control Number: 3220–0195. grandchildren. The information to obtain financial information needed Form(s) submitted: G–139. collected solicits financial information to make a comparison between the Type of request: Extension without needed to determine entitlement to a amount of support received from the change of a currently approved child’s annuity based on actual railroad employee and the amount collection. dependency. received from other sources. Completion Affected public: Individuals or is required to obtain a benefit. One Households. Changes proposed: The RRB proposes response is required of each respondent. Abstract: Dependency on the no changes to Form G–139. Previous Requests for Comments: The employee for at least one-half support is The burden estimate for the ICR is as RRB has already published the initial a condition affecting eligibility for follows: Annual Time Burden Form No. responses (minutes) (hours) G–139 .......................................................................................................................................... 500 60 500 Additional Information or Comments: 1(a)) and Form TA–W (17 CFR purposes of Section 17A of the Copies of the forms and supporting 249b.101), under the Securities Exchange Act. Without Rule 17Ac3–1(a) documents can be obtained from Dana Exchange Act of 1934 (15 U.S.C. 78a et and Form TA–W, transfer agents Hickman at (312) 751–4981 or seq.). registered with the Commission would Dana.Hickman@RRB.GOV. Section 17A(c)(4)(B) of the Securities not have a means to voluntarily Comments regarding the information Exchange Act of 1934 authorizes deregister it is necessary or appropriate collection should be addressed to Brian transfer agents registered with an to do so. Foster, Railroad Retirement Board, 844 appropriate regulatory agency (‘‘ARA’’) On average, respondents have filed North Rush Street, Chicago, Illinois to withdraw from registration by filing approximately 17 TA–Ws with the 60611–1275 or Brian.Foster@rrb.gov and with the ARA a written notice of Commission annually from 2014 to to the OMB Desk Officer for the RRB, withdrawal and by agreeing to such 2017. A Form TA–W filing occurs only Fax: 202–395–6974, Email address: terms and conditions as the ARA deems once, when a transfer agent is seeking OIRA_Submission@omb.eop.gov. necessary or appropriate in the public deregistration. Approximately 80 interest, for the protection of investors, percent of Form TA–Ws are completed Brian D. Foster, by the transfer agent or its employees or in the furtherance of the purposes of Clearance Officer. Section 17A. and approximately 20 percent of Form [FR Doc. 2017–13370 Filed 6–26–17; 8:45 am] In order to implement Section TA–Ws are completed by an outside BILLING CODE 7905–01–P 17A(c)(4)(B) of the Exchange Act, the filing agent that is hired by the Commission promulgated Rule 17Ac3– registrant to prepare the form and file it 1(a) and accompanying Form TA–W on electronically. In view of the readily- SECURITIES AND EXCHANGE September 1, 1977. Rule 17Ac3–1(a) available information requested by Form COMMISSION provides that notice of withdrawal of TA–W, its short and simple registration as a transfer agent with the presentation, and the Commission’s Submission for OMB Review; Commission shall be filed on Form TA– experience with the filers, we estimate Comment Request W. Form TA–W requires the that approximately 30 minutes is withdrawing transfer agent to provide required to complete and file Form TA– Upon Written Request, Copies Available the Commission with certain W. For transfer agents that complete From: Securities and Exchange information, including: (1) The Form TA–W themselves, we estimate Commission, Office of FOIA Services, locations where transfer agent activities the internal labor cost of compliance per 100 F Street NE., Washington, DC are or were performed; (2) the reasons filing is $25 (0.5 hours × $50 average 20549–2736. for ceasing the performance of such hourly rate for clerical staff time). We Extension: activities; (3) disclosure of unsatisfied estimate that outside filing agents Rule 17Ac3–1(a) and Form TA–W; SEC judgments or liens; and (4) information charge $100 to complete and file at TA– File No. 270–96 OMB Control No. 3235– regarding successor transfer agents. W on behalf of a registrant, reflecting an 0151. The Commission uses the information external labor cost to respondents. The Notice is hereby given that, pursuant disclosed on Form TA–W to determine total annual time burden to the transfer to the Paperwork Reduction Act of 1995 whether the registered transfer agent agent industry is approximately 9 hours (‘‘PRA’’) (44 U.S.C. 3501 et seq.), the applying for withdrawal from (17 filings × 0.5 hours). The total annual mstockstill on DSK30JT082PROD with NOTICES Securities and Exchange Commission registration as a transfer agent should be external labor cost to respondents is (‘‘Commission’’) has submitted to the allowed to deregister and, if so, whether $340 (17 annual forms × $100 × 20%). Office of Management and Budget the Commission should attach to the An agency may not conduct or (‘‘OMB’’) a request for approval of granting of the application any terms or sponsor, and a person is not required to extension of the previously approved conditions necessary or appropriate in respond to, a collection of information collection of information provided for in the public interest, for the protection of under the PRA unless it displays a Rule 17Ac3–1(a) (17 CFR 240.17Ac3– investors, or in furtherance of the currently valid OMB control number. VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 PO 00000 Frm 00104 Fmt 4703 Sfmt 4703 E:\FR\FM\27JNN1.SGM 27JNN1

29126 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices The public may view background II. Self-Regulatory Organization’s Executions in Penny Pilot Issues (the documentation for this information Statement of the Purpose of, and ‘‘Penny Credit Tiers’’), Customer and collection at the following Web site: Statutory Basis for, the Proposed Rule Professional Customer orders that post www.reginfo.gov. Comments should be Change liquidity and are executed on the directed to: (i) Desk Officer for the In its filing with the Commission, the Exchange earn a base credit of $0.25 per Securities and Exchange Commission, self-regulatory organization included contract, with the ability to earn Office of Information and Regulatory statements concerning the purpose of, increased credits based on the Affairs, Office of Management and and basis for, the proposed rule change participant’s activity. There are Budget, Room 10102, New Executive and discussed any comments it received currently seven Penny Credit Tiers with Office Building, Washington, DC 20503, on the proposed rule change. The text associated qualifications. The Exchange or by sending an email to: Shagufta_ of those statements may be examined at is not proposing any change to Penny Ahmed@omb.eop.gov; and (ii) Pamela the places specified in Item IV below. Credit Tiers 1 through 5. Dyson, Director/Chief Information The Exchange has prepared summaries, Regarding current Penny Credit Tier Officer, Securities and Exchange set forth in sections A, B, and C below, 6, an OTP is eligible to achieve a credit Commission, c/o Remi Pavlik-Simon, of the most significant parts of such of $0.48 per contract, provided the OTP 100 F Street NE., Washington, DC statements. has (i) at least 0.35% of Total Industry 20549, or by sending an email to: PRA_ Customer equity and ETF option ADV Mailbox@sec.gov. Comments must be A. Self-Regulatory Organization’s (‘‘TCADV’’) from Customer and submitted to OMB within 30 days of Statement of the Purpose of, and the Professional Customer Posted Orders in this notice. Statutory Basis for, the Proposed Rule all Issues, and (ii) Executed ADV of Change 0.80% of U.S. Equity Market Share Dated: June 21, 2017 1. Purpose Posted and Executed on NYSE Arca Eduardo A. Aleman, Equity Market. The Exchange proposes Assistant Secretary. The purpose of this filing is to amend to add an alternative qualification basis [FR Doc. 2017–13424 Filed 6–26–17; 8:45 am] the Fee Schedule to modify the criteria to Tier 6, which would enable an OTP BILLING CODE 8011–01–P for achieving various credits, including to qualify for the $0.48 per contract by broadening the qualifying order flow credit, provided the OTP has (i) at least and trading activity, to make the 0.50% of TCADV from Customer and SECURITIES AND EXCHANGE different qualifications more achievable Professional Customer Posted orders in COMMISSION to a variety of market participants. all Issues, and (ii) at least 0.45% of [Release No. 34–80990; File No. SR– Currently, the Exchange provides a TCADV from Market Maker Total NYSEARCA–2017–67] number of incentives for OTP Holders Electronic Volume. and OTP Firms (collectively, ‘‘OTPs’’) Additionally, the Exchange proposes Self-Regulatory Organizations; NYSE designed to encourage OTPs to direct to rename current Penny Credit Tier 7 Arca, Inc.; Notice of Filing and additional order flow to the Exchange to as Tier 8, and to add a new Tier 7 with Immediate Effectiveness of Proposed achieve more favorable pricing and an associated credit of $0.49 per Rule Change To Amend the NYSE Arca higher credits. Among these incentives contract. As proposed, OTPs may Options Fee Schedule are enhanced posted liquidity credits qualify for the new Tier 7 by achieving based on achieving certain percentages a level of at least 0.50% of TCADV from June 21, 2017. of NYSE Arca Equity daily activity, also Customer and Professional Customer Pursuant to Section 19(b)(1) 1 of the known as ‘‘cross-asset pricing.’’ In Securities Exchange Act of 1934 (the Posted orders in all Issues, plus at least addition, certain of the qualifications for 0.60% of TCADV from Market Maker ‘‘Act’’) 2 and Rule 19b–4 thereunder,3 achieving these incentives are more notice is hereby given that, on June 9, Total Electronic Volume. tailored to specific activity (i.e., posting The Exchange is also proposing a 2017, NYSE Arca, Inc. (the ‘‘Exchange’’ in Penny Pilot issues only, or cross-asset small clarifying change to the Penny or ‘‘NYSE Arca’’) filed with the pricing based only on levels of Retail Credit Tiers by replacing ‘‘Total Securities and Exchange Commission Orders on the NYSE Arca Equity Industry Customer equity and ETF (the ‘‘Commission’’) the proposed rule Market). Similarly, because the option average daily volume’’ with change as described in Items I, II, and Exchange allows Order Flow Providers ‘‘TCADV’’ and explaining the III below, which Items have been (‘‘OFP’’s) to aggregate their volume abbreviation with a note at the bottom prepared by the self-regulatory executed on NYSE Arca with affiliated of the table referenced by an asterisk in organization. The Commission is or Appointed Market Makers, OFPs may the table header. publishing this notice to solicit Next, the Exchange proposes to encourage an increased level of activity comments on the proposed rule change modify the Customer and Professional from these participants to qualify for from interested persons. Customer Incentive Program (the various incentives, including higher Self-Regulatory Organization’s credits for Customers or Professional ‘‘Incentive Program’’) by replacing two Statement of the Terms of Substance of Customer orders. As a result, NYSE of the possible incentives that are based the Proposed Rule Change Arca becomes a more attractive venue solely on Market Maker Posted Orders The Exchange proposes to amend the for Customer (and Professional with new incentives that combine a NYSE Arca Options Fee Schedule (‘‘Fee Customer) orders offering enhanced level of Market Maker Total Electronic Schedule’’). The proposed rule change rebates. To further incent OFPs to direct Volume and Customer and Professional order flow to the Exchange, the Customer volume. Specifically, the mstockstill on DSK30JT082PROD with NOTICES is available on the Exchange’s Web site at www.nyse.com, at the principal office Exchange proposes to allow participants Exchange proposes to no longer provide of the Exchange, and at the to combine their Customer activity with an additional $0.01 per contract credit Commission’s Public Reference Room. their Market Maker activity in an effort for OTPs that achieve an ADV from to achieve certain enhanced rebates. Market Maker Posted Orders equal to 1 15 U.S.C. 78s(b)(1). Pursuant to the Customer and 0.80% of TCADV. Instead, the Exchange 2 15 U.S.C. 78a. Professional Customer Monthly Posting proposes to offer an additional $0.01 per 3 17 CFR 240.19b–4. Credit Tiers and Qualifications for contract credit incentive for an OTP that VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 PO 00000 Frm 00105 Fmt 4703 Sfmt 4703 E:\FR\FM\27JNN1.SGM 27JNN1


Document Created: 2018-11-14 10:14:25
Document Modified: 2018-11-14 10:14:25
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 Citation82 FR 29125 
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