82 FR 31121 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 127 (July 5, 2017)

Page Range		31121-31121
FR Document		2017-14065

Federal Register, Volume 82 Issue 127 (Wednesday, July 5, 2017)

[Federal Register Volume 82, Number 127 (Wednesday, July 5, 2017)]
[Notices]
[Page 31121]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-14065]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-427, OMB Control No. 3235-0476]


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 10b-17

    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'') is soliciting comments on the existing 
collection of information provided for in Rule 10b-17 (17 CFR 240.10b-
17), under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.). 
The Commission plans to submit this existing collection of information 
to the Office of Management and Budget (``OMB'') for extension and 
approval.
    Rule 10b-17 requires any issuer of a class of securities publicly 
traded by the use of any means or instrumentality of interstate 
commerce or of the mails or of any facility of any national securities 
exchange to give notice of the following specific distributions 
relating to such class of securities: (1) A dividend or other 
distribution in cash or in kind other than interest payments on debt 
securities; (2) a stock split or reverse stock split; or (3) a rights 
or other subscription offering.
    There are approximately 12,127 respondents per year. These 
respondents make approximately 27,144 responses per year. Each response 
takes approximately 10 minutes to complete. Thus, the total compliance 
burden per year is 4,524 burden hours. The total internal labor cost of 
compliance for the respondents, associated with producing and filing 
the reports, is approximately $317,991.96.
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the Commission, including whether the information 
shall have practical utility; (b) the accuracy of the Commission's 
estimates 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 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: June 28, 2017.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2017-14065 Filed 7-3-17; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 82, No. 127 / Wednesday, July 5, 2017 / Notices 31121

is listed on another national securities No. 1, 2, and 3, be, and it hereby is, Commission, including whether the
exchange. approved. information shall have practical utility;
The Commission has previously For the Commission, by the Division of (b) the accuracy of the Commission’s
approved substantively identical rules Trading and Markets, pursuant to delegated estimates of the burden of the proposed
for the listing and trading of ETPs on authority.32 collection of information; (c) ways to
NYSE Arca and NYSE. The Exchange Robert W. Errett, enhance the quality, utility, and clarity
represents that it will not list, but only Deputy Secretary. of the information to be collected; and
trade, ETPs on a UTP basis. The [FR Doc. 2017–14014 Filed 7–3–17; 8:45 am] (d) ways to minimize the burden of the
Exchange represents that to trade collection of information on
BILLING CODE 8011–01–P
pursuant to UTP any ETP that is listed respondents, including through the use
and traded on another national of automated collection techniques or
securities exchange, NYSE MKT would SECURITIES AND EXCHANGE other forms of information technology.
be required to file Form 19b–4(e) with COMMISSION Consideration will be given to
the Commission. comments and suggestions submitted in
The Commission believes that the [SEC File No. 270–427, OMB Control No. writing within 60 days of this
Exchange’s proposal does not raise any 3235–0476]
publication.
novel issues, and the proposed rules of An agency may not conduct or
Proposed Collection; Comment
the Exchange are consistent with the sponsor, and a person is not required to
Request
rules of other national securities respond to, a collection of information
exchanges that trade securities, Upon Written Request, Copies Available unless it displays a currently valid OMB
including ETPs.29 Additionally, the From: Securities and Exchange control number.
Exchange represents, and its proposed Commission, Office of FOIA Services, Please direct your written comments
rules specify, that NYSE MKT will not 100 F Street NE., Washington, DC to: Pamela Dyson, Director/Chief
list any ETPs unless it first obtains 20549–2736 Information Officer, Securities and
Commission approval of a proposed rule Extension: Rule 10b–17 Exchange Commission, c/o Remi Pavlik-
change under Section 19(b)(2) of the Simon, 100 F Street NE., Washington,
Act. Therefore, the provisions of Notice is hereby given that pursuant
DC 20549, or send an email to: PRA_
proposed Rules 5E and 8E that permit to the Paperwork Reduction Act of 1995
Mailbox@sec.gov.
the listing of ETPs would only be (‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission Dated: June 28, 2017.
effective if the Commission approves a
proposed rule change for the Exchange (‘‘Commission’’) is soliciting comments Robert W. Errett,
to amend its rules to comply with Rules on the existing collection of information Deputy Secretary.
10A–3 and 10C–1 under the Act and to provided for in Rule 10b–17 (17 CFR [FR Doc. 2017–14065 Filed 7–3–17; 8:45 am]
incorporate other applicable listing 240.10b–17), under the Securities BILLING CODE 8011–01–P
criteria. Finally, the Commission notes Exchange Act of 1934 (15 U.S.C. 78a et
that NYSE MKT has represented that it seq.). The Commission plans to submit
will be responsible for accepting the this existing collection of information to SECURITIES AND EXCHANGE
obligations applicable to a UTP market, the Office of Management and Budget COMMISSION
including specific requirements for (‘‘OMB’’) for extension and approval.
Rule 10b–17 requires any issuer of a
registered market makers, books and [Release No. 34–81037; File No. SR–ICC–
class of securities publicly traded by the 2017–010]
records production, surveillance
use of any means or instrumentality of
procedures, suitability and prospectus
interstate commerce or of the mails or Self-Regulatory Organizations; ICE
requirements, and requisite Exchange
of any facility of any national securities Clear Credit LLC; Notice of Proposed
approvals.30
The Commission believes that the exchange to give notice of the following Rule Change, Security-Based Swap
UTP trading on NYSE MKT of NMS specific distributions relating to such Submission, or Advance Notice
stocks, including ETPs, listed on other class of securities: (1) A dividend or Relating to the ICC Clearing Rules and
national securities exchanges is other distribution in cash or in kind the ICC Treasury Operations Policies
consistent with existing UTP trading of other than interest payments on debt and Procedures
NMS stocks on other national securities securities; (2) a stock split or reverse
stock split; or (3) a rights or other June 28, 2017.
exchanges and that is designed to Pursuant to Section 19(b)(1) of the
increase competition among the subscription offering.
There are approximately 12,127 Securities Exchange Act of 1934 1 and
different securities markets to the Rule 19b–4 thereunder,2 notice is
respondents per year. These
benefit of market participants. The hereby given that on June 16, 2017, ICE
respondents make approximately 27,144
Commission therefore finds that NYSE Clear Credit LLC (‘‘ICC’’) filed with the
responses per year. Each response takes
MKT’s proposed rules governing trading Securities and Exchange Commission
approximately 10 minutes to complete.
on a UTP basis on its Pillar platform are the proposed rule change, security-
Thus, the total compliance burden per
consistent with the Act. based swap submission, or advance
year is 4,524 burden hours. The total
VI. Conclusion internal labor cost of compliance for the notice, as described in Items I, II, and III
It is therefore ordered, pursuant to respondents, associated with producing below, which Items have been prepared
primarily by ICC. The Commission is
sradovich on DSK3GMQ082PROD with NOTICES

Section 19(b)(2) of the Act,31 that the and filing the reports, is approximately
$317,991.96. publishing this notice to solicit
proposed rule change (SR–NYSEMKT–
Written comments are invited on: (a) comments on the proposed rule change,
2016–103), as modified by Amendments
Whether the proposed collection of security-based swap submission, or
29 See, e.g., Rule 14.1 of Bats BYX Exchange, Inc. information is necessary for the proper advance notice from interested persons.
and Rule 14.1 of Bats EDGA Exchange, Inc. performance of the functions of the
30 See proposed Rule 5.1E. 1 15 U.S.C. 78s(b)(1).
31 15 U.S.C. 78s(b)(2). 32 17 CFR 200.30–3(a)(12). 2 17 CFR 240.19b–4.

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Document Created: 2017-07-04 02:01:05
Document Modified: 2017-07-04 02:01:05

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		82 FR 31121