82 FR 8642 - Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Convert the Listing of the Shares of the SPDR DoubleLine Short Term Total Return Tactical ETF and the SPDR DoubleLine Emerging Markets Fixed Income ETF, Both of Which Are a Series of the SSGA Active Trust, Pursuant to BZX Rule 14.11(i), Managed Fund Shares
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 82, Issue 17 (January 27, 2017)
Federal Register Volume 82, Issue 17 (January 27, 2017)
| Page Range | 8642-8644 | |
| FR Document | 2017-01835 |
[Federal Register Volume 82, Number 17 (Friday, January 27, 2017)] [Notices] [Pages 8642-8644] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-01835] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-79865; File No. SR-BatsBZX-2017-03] Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Convert the Listing of the Shares of the SPDR DoubleLine Short Term Total Return Tactical ETF and the SPDR DoubleLine Emerging Markets Fixed Income ETF, Both of Which Are a Series of the SSGA Active Trust, Pursuant to BZX Rule 14.11(i), Managed Fund Shares January 23, 2017. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that on January 13, 2017, Bats BZX Exchange, Inc. (the ``Exchange'' or ``BZX'') filed with the Securities and Exchange Commission (``Commission'') the proposed rule change as described in Items I and II below, which Items have been prepared by the Exchange. The Exchange has designated this proposal as a ``non-controversial'' proposed rule change pursuant to Section 19(b)(3)(A) of the Act \3\ and Rule 19b- 4(f)(6)(iii) thereunder,\4\ which renders it effective upon filing with the Commission. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. --------------------------------------------------------------------------- \1\ 15 U.S.C. 78s(b)(1). \2\ 17 CFR 240.19b-4. \3\ 15 U.S.C. 78s(b)(3)(A). \4\ 17 CFR 240.19b-4(f)(6)(iii). --------------------------------------------------------------------------- I. Self-Regulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change The Exchange filed a proposal to convert the shares of the SPDR DoubleLine Short Term Total Return Tactical ETF and the SPDR DoubleLine Emerging Markets Fixed Income ETF (collectively, the ``Funds''), both of which are a series of the SSGA Active Trust (the ``Trust''), from listing pursuant to Rule 14.11(i) and approval orders issued by the Commission to listing pursuant to Rule 19b-4(e) as provided in Rule 14.11(i)(4)(C). The text of the proposed rule change is available at the Exchange's Web site at www.bats.com, at the principal office of the Exchange, and at the Commission's Public Reference Room. [[Page 8643]] II. Self-Regulatory Organization's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the Exchange included statements concerning the purpose of and basis for the proposed rule change and discussed any comments it received on the proposed rule change. The text of these statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in Sections A, B, and C below, of the most significant parts of such statements. A. Self-Regulatory Organization's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change 1. Purpose The Exchange proposes to convert the listing of the shares of the Funds (the ``Shares'') from listing pursuant to approval orders issued by the Commission to listing pursuant to Rule 19b-4(e) as provided in Rule 14.11(i)(4)(C). The Shares began trading on the Exchange on April 14, 2016 after the Commission issued orders approving the listing and trading of the Shares on the Exchange.\5\ At that time, the Exchange was required to file separate proposals under Section 19(b) of the Act before the listing of any funds listed pursuant to Rule 14.11(i) (``Managed Fund Shares'') and, as provided in the Filings, the Exchange will commence delisting procedures under Rule 14.12 for a Fund where the Fund is not in compliance with the applicable listing requirements.\6\ On July 22, 2016, the Commission approved generic listing standards for Managed Fund Shares that would allow a series of Managed Fund Shares to list on the Exchange pursuant to Rule 19b-4(e) so long as the components of that series of Managed Fund Shares meet the criteria in Rule 14.11(i)(4)(C) on an initial and continual basis.\7\ The Exchange now proposes to list the Shares pursuant to Rule 19b-4(e) of the Act as provided in Rule 14.11(i)(4)(C) and, as such, the components of the Funds will be required to comply with the requirements of that rule on an initial and continual basis. The Exchange has confirmed that both of the Funds' respective portfolios currently comply with the requirements of Rule 14.11(i)(4)(C).\8\ The Exchange notes that if the Funds were not already listed, they could be listed pursuant to Rule 19b-4(e) without the submission of a rule filing. --------------------------------------------------------------------------- \5\ See Securities Exchange Act Release Nos. 77567 (April 8, 2016), 81 FR 22143 (April 14, 2016) (SR-BATS-2015-94) (order approving the listing and trading on the Exchange of the SPDR DoubleLine Emerging Markets Fixed Income ETF) and 77499 (April 1, 2016), 81 FR 20428 (April 7, 2016) (SR-BATS-2016-04) (order approving the listing and trading on the Exchange of the SPDR DoubleLine Short Duration Total Return Tactical ETF) (collectively, the ``Filings''). \6\ As provided in the Filings, all statements and representations made in the Filings regarding (a) the description of the portfolio, (b) limitations on portfolio holdings or reference assets, or (c) the applicability of Exchange rules and surveillance procedures shall constitute continued listing requirements for listing the Shares on the Exchange. \7\ See Securities Exchange Act Release Nos. 78396 (July 22, 2016), 81 FR 49698 (July 28, 2016) (SR-BATS-2015-100). \8\ As provided in Rule 14.11(i)(4)(C), each Fund must also comply with such requirements on a continual basis and any failure to meet such requirements will result in the Exchange initiating delisting proceedings for the Fund pursuant to Rule 14.12. --------------------------------------------------------------------------- 2. Statutory Basis The Exchange believes that the proposal is consistent with Section 6(b) of the Act \9\ in general and Section 6(b)(5) of the Act \10\ in particular in that it is designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to remove impediments to, and perfect the mechanism of a free and open market and, in general, to protect investors and the public interest. Specifically, the Exchange believes that the proposal is designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to remove impediments to, and perfect the mechanism of a free and open market and, in general, to protect investors and the public interest because the only change in the proposal is to have the Funds listed and traded on the Exchange pursuant to the generic listing standards under Rule 14.11(i)(4)(C). As noted above, if the Funds were not already listed, they would be able to be listed pursuant to Rule 19b-4(e) without the submission of a rule filing because the Commission has approved rules on the Exchange related to generic listing standards for Managed Fund Shares on the basis that the generic listing criteria is consistent with the Act and, in particular, ``is consistent with Section 6(b)(5) of the Act,\11\ which requires, among other things, that the Exchange's rules be designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to remove impediments to and perfect the mechanism of a free and open market and a national market system, and, in general, to protect investors and the public interest.'' \12\ As such, the Exchange believes that the proposal is designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to remove impediments to and perfect the mechanism of a free and open market and a national market system, and, in general, to protect investors and the public interest. --------------------------------------------------------------------------- \9\ 15 U.S.C. 78f. \10\ 15 U.S.C. 78f(b)(5). \11\ 15 U.S.C. 78f(b)(5). \12\ See note 7, supra. --------------------------------------------------------------------------- B. Self-Regulatory Organization's Statement on Burden on Competition The Exchange does not believe that the proposed rule change will impose any burden on competition that is not necessary or appropriate in furtherance of the purpose of the Act. The Exchange believes that the proposal to allow the Funds to be listed on the Exchange pursuant to the generic listing standards under Rule 14.11(i)(4)(C) will have no impact on competition. C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others The Exchange has neither solicited nor received written comments on the proposed rule change. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action Because the foregoing proposed rule change does not: (i) Significantly affect the protection of investors or the public interest; (ii) impose any significant burden on competition; and (iii) become operative for 30 days from the date on which it was filed, or such shorter time as the Commission may designate, it has become effective pursuant to Section 19(b)(3)(A) of the Act and Rule 19b- 4(f)(6) thereunder.\13\ --------------------------------------------------------------------------- \13\ 17 CFR 240.19b-4(f)(6). As required under Rule 19b- 4(f)(6)(iii), the Exchange provided the Commission with written notice of its intent to file the proposed rule change, along with a brief description and the text of the proposed rule change, at least five business days prior to the date of filing of the proposed rule change, or such shorter time as designated by the Commission. --------------------------------------------------------------------------- A proposed rule change filed pursuant to Rule 19b-4(f)(6) under the Act \14\ normally does not become operative for 30 days after the date of its filing. However, Rule 19b-4(f)(6)(iii)\15\ permits the Commission to designate a shorter time if such action is consistent with the protection of investors and the public interest. The Exchange has asked [[Page 8644]] the Commission to waive the 30-day operative delay to allow the Funds to be subject to a single compliance regime under Rule 14.11(i)(4)(C) instead of the series of representations made in each Fund's respective 19b-4 as soon as practicable, which will streamline and simplify compliance and the costs associated therewith. The Commission finds that waiving the 30-day operative delay in this instance is consistent with the protection of investors and the public interest. The Commission notes that, as represented by the Exchange, if the Funds were not currently listed pursuant to the previous Commission approval orders, they would be eligible for immediate listing pursuant to Exchange Rule 14.11(i)(4)(C). Therefore, the Commission designates the proposal operative upon filing.\16\ --------------------------------------------------------------------------- \14\ 17 CFR 240.19b-4(f)(6). \15\ 17 CFR 240.19b-4(f)(6)(iii). \16\ For purposes only of waiving the 30-day operative delay, the Commission has considered the proposed rule's impact on efficiency, competition, and capital formation. 15 U.S.C. 78c(f). --------------------------------------------------------------------------- At any time within 60 days of the filing of such proposed rule change, the Commission summarily may temporarily suspend such rule change if it appears to the Commission that such action is necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act. If the Commission takes such action, the Commission shall institute proceedings to determine whether the proposed rule change should be approved or disapproved. IV. Solicitation of Comments Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule change is consistent with the Act. Comments may be submitted by any of the following methods: Electronic CommentsUse the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or Send an email to [email protected]. Please include File Number SR-BatsBZX-2017-03 on the subject line. Paper Comments Send paper comments in triplicate to Brent J. Fields, Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090. All submissions should refer to File Number SR-BatsBZX-2017-03. This file number should be included on the subject line if email is used. To help the Commission 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/sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the proposed rule change that are filed with the Commission, and all written communications relating to the proposed rule change between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be 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. Copies of the filing also will be available for inspection and copying at the principal office of the Exchange. 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 available publicly. All submissions should refer to File Number SR-BatsBZX-2017-03 and should be submitted on or before February 17, 2017. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\17\ --------------------------------------------------------------------------- \17\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017-01835 Filed 1-26-17; 8:45 am] BILLING CODE 8011-01-P
![8642 Federal Register / Vol. 82, No. 17 / Friday, January 27, 2017 / Notices
Section 12(d)(3) of the Investment rule 12d3–1 for this contract change SECURITIES AND EXCHANGE
Company Act of 1940 (15 U.S.C. 80a) would be 0.75 hours.2 Assuming that all COMMISSION
generally prohibits registered 319 funds that enter into new
investment companies (‘‘funds’’), and subadvisory contracts each year make [Release No. 34–79865; File No. SR–
companies controlled by funds, from the modification to their contract BatsBZX–2017–03]
purchasing securities issued by a required by the rule, we estimate that
registered investment adviser, broker, the rule’s contract modification Self-Regulatory Organizations; Bats
dealer, or underwriter (‘‘securities- requirement will result in 239.25 BZX Exchange, Inc.; Notice of Filing
related businesses’’). Rule 12d3–1 burden hours annually.3 and Immediate Effectiveness of a
(‘‘Exemption of acquisitions of
The estimate of average burden hours Proposed Rule Change To Convert the
securities issued by persons engaged in
is made solely for the purposes of the Listing of the Shares of the SPDR
securities related businesses’’ (17 CFR
270.12d3–1)) permits a fund to invest Paperwork Reduction Act. The estimate DoubleLine Short Term Total Return
up to five percent of its assets in is not derived from a comprehensive or Tactical ETF and the SPDR DoubleLine
securities of an issuer deriving more even a representative survey or study of Emerging Markets Fixed Income ETF,
than fifteen percent of its gross revenues the costs of Commission rules. Both of Which Are a Series of the
from securities-related businesses, but a Complying with this collection of SSGA Active Trust, Pursuant to BZX
fund may not rely on rule 12d3–1 to information requirement is necessary to Rule 14.11(i), Managed Fund Shares
acquire securities of its own investment obtain the benefit of relying on rule January 23, 2017.
adviser or any affiliated person of its 12d3–1. Responses will not be kept
own investment adviser. confidential. An agency may not Pursuant to Section 19(b)(1) of the
A fund may, however, rely on an conduct or sponsor, and a person is not Securities Exchange Act of 1934
exemption in rule 12d3–1 to acquire required to respond to, a collection of (‘‘Act’’),1 and Rule 19b–4 thereunder,2
securities issued by its subadvisers in information unless it displays a notice is hereby given that on January
circumstances in which the subadviser 13, 2017, Bats BZX Exchange, Inc. (the
currently valid control number.
would have little ability to take ‘‘Exchange’’ or ‘‘BZX’’) filed with the
advantage of the fund, because it is not The public may view the background
Securities and Exchange Commission
in a position to direct the fund’s documentation for this information
(‘‘Commission’’) the proposed rule
securities purchases. The exemption in collection at the following Web site,
change as described in Items I and II
rule 12d3–1 is available if (i) the www.reginfo.gov. Comments should be
below, which Items have been prepared
subadviser is not, and is not an affiliated directed to: (i) Desk Officer for the
by the Exchange. The Exchange has
person of, an investment adviser that Securities and Exchange Commission,
designated this proposal as a ‘‘non-
provides advice with respect to the Office of Information and Regulatory
controversial’’ proposed rule change
portion of the fund that is acquiring the Affairs, Office of Management and
pursuant to Section 19(b)(3)(A) of the
securities, and (ii) the advisory contracts Budget, Room 10102, New Executive
of the subadviser, and any subadviser Act 3 and Rule 19b–4(f)(6)(iii)
Office Building, Washington, DC 20503,
that is advising the purchasing portion thereunder,4 which renders it effective
or by sending an email to: Shagufta_
of the fund, prohibit them from upon filing with the Commission. The
Ahmed@omb.eop.gov; and (ii) Pamela
consulting with each other concerning Commission is publishing this notice to
Dyson, Director/Chief Information
securities transactions of the fund, and solicit comments on the proposed rule
Officer, Securities and Exchange
limit their responsibility in providing change from interested persons.
Commission, c/o Remi Pavlik-Simon,
advice to providing advice with respect 100 F Street NE., Washington, DC 20549 I. Self-Regulatory Organization’s
to discrete portions of the fund’s or send an email to: PRA_Mailbox@ Statement of the Terms of Substance of
portfolio. the Proposed Rule Change
sec.gov. Comments must be submitted to
Based on an analysis of third-party
information, the staff estimates that OMB within 30 days of this notice.
The Exchange filed a proposal to
approximately 319 fund portfolios enter Dated: January 17, 2017. convert the shares of the SPDR
into subadvisory agreements each year.1 Eduardo A. Aleman, DoubleLine Short Term Total Return
Based on discussions with industry Assistant Secretary. Tactical ETF and the SPDR DoubleLine
representatives, the staff estimates that [FR Doc. 2017–01826 Filed 1–26–17; 8:45 am] Emerging Markets Fixed Income ETF
it will require approximately 3 attorney (collectively, the ‘‘Funds’’), both of
BILLING CODE 8011–01–P
hours to draft and execute additional
which are a series of the SSGA Active
clauses in new subadvisory contracts in
Trust (the ‘‘Trust’’), from listing
order for funds and subadvisers to be
able to rely on the exemptions in rule pursuant to Rule 14.11(i) and approval
12d3–1. Because these additional orders issued by the Commission to
clauses are identical to the clauses that listing pursuant to Rule 19b–4(e) as
a fund would need to insert in their provided in Rule 14.11(i)(4)(C).
subadvisory contracts to rely on rules The text of the proposed rule change
10f–3, 17a–10, and 17e–1 and because is available at the Exchange’s Web site
we believe that funds that use one such at www.bats.com, at the principal office
jstallworth on DSK7TPTVN1PROD with NOTICES
rule generally use all of these rules, we of the Exchange, and at the
apportion this 3 hour time burden Commission’s Public Reference Room.
equally to all four rules. Therefore, we
estimate that the burden allocated to 2 This estimate is based on the following
1 15
calculation (3 hours ÷ 4 rules = .75 hours). U.S.C. 78s(b)(1).
3 This estimate is based on the following 2 17 CFR 240.19b–4.
1 Basedon information available from
Morningstar and the ICI Fact Book, we estimate that calculation: (0.75 hours × 319 portfolios = 239.25 3 15 U.S.C. 78s(b)(3)(A).
37 percent of funds are advised by subadvisers. burden hours). 4 17 CFR 240.19b–4(f)(6)(iii).
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![8644 Federal Register / Vol. 82, No. 17 / Friday, January 27, 2017 / Notices
the Commission to waive the 30-day only one method. The Commission will Rule 201 (17 CFR 242.201) and Rule
operative delay to allow the Funds to be post all comments on the Commission’s 200(g) (17 CFR 242.200(g)) under the
subject to a single compliance regime Internet Web site (http://www.sec.gov/ Securities Exchange Act of 1934 (15
under Rule 14.11(i)(4)(C) instead of the rules/sro.shtml). Copies of the U.S.C. 78a et seq.).
series of representations made in each submission, all subsequent Rule 201 is a short sale-related circuit
Fund’s respective 19b–4 as soon as amendments, all written statements breaker rule that, if triggered, imposes a
practicable, which will streamline and with respect to the proposed rule restriction on the prices at which
simplify compliance and the costs change that are filed with the securities may be sold short. Rule 200(g)
associated therewith. The Commission Commission, and all written provides that a broker-dealer may mark
finds that waiving the 30-day operative communications relating to the certain qualifying sell orders ‘‘short
delay in this instance is consistent with proposed rule change between the exempt.’’ The information collected
the protection of investors and the Commission and any person, other than under Rule 201’s written policies and
public interest. The Commission notes those that may be withheld from the procedures requirement applicable to
that, as represented by the Exchange, if public in accordance with the trading centers, the written policies and
the Funds were not currently listed provisions of 5 U.S.C. 552, will be procedures requirement of the broker-
pursuant to the previous Commission available for Web site viewing and dealer provision of Rule 201(c), the
approval orders, they would be eligible printing in the Commission’s Public written policies and procedures
for immediate listing pursuant to Reference Room, 100 F Street NE., requirement of the riskless principal
Exchange Rule 14.11(i)(4)(C). Therefore, Washington, DC 20549, on official provision of Rule 201(d)(6), and the
the Commission designates the proposal business days between the hours of ‘‘short exempt’’ marking requirement of
operative upon filing.16 10:00 a.m. and 3:00 p.m. Copies of the Rule 200(g) enable the Commission and
At any time within 60 days of the filing also will be available for self-regulatory organizations (‘‘SROs’’)
filing of such proposed rule change, the inspection and copying at the principal to examine and monitor for compliance
Commission summarily may office of the Exchange. All comments with the requirements of Rule 201 and
temporarily suspend such rule change if received will be posted without change; Rule 200(g).
it appears to the Commission that such the Commission does not edit personal In addition, the information collected
action is necessary or appropriate in the identifying information from under Rule 201’s written policies and
public interest, for the protection of submissions. You should submit only procedures requirement applicable to
investors, or otherwise in furtherance of information that you wish to make trading centers helps ensure that trading
the purposes of the Act. If the available publicly. All submissions centers do not execute or display any
Commission takes such action, the should refer to File Number SR– impermissibly priced short sale orders,
Commission shall institute proceedings BatsBZX–2017–03 and should be unless an order is marked ‘‘short
submitted on or before February 17, exempt,’’ in accordance with the rule’s
to determine whether the proposed rule
2017. requirements. Similarly, the information
change should be approved or
collected under the written policies and
disapproved. For the Commission, by the Division of
Trading and Markets, pursuant to delegated procedures requirement of the broker-
IV. Solicitation of Comments authority.17 dealer provision of Rule 201(c) and the
Interested persons are invited to Eduardo A. Aleman, riskless principal provision of Rule
submit written data, views, and Assistant Secretary. 201(d)(6) helps to ensure that broker-
arguments concerning the foregoing, dealers comply with the requirements of
[FR Doc. 2017–01835 Filed 1–26–17; 8:45 am]
including whether the proposed rule these provisions. The information
BILLING CODE 8011–01–P
change is consistent with the Act. collected pursuant to the ‘‘short
exempt’’ marking requirement of Rule
Comments may be submitted by any of
SECURITIES AND EXCHANGE 200(g) also provides an indication to a
the following methods:
COMMISSION trading center when it must execute or
Electronic Comments display a short sale order without regard
• Use the Commission’s Internet Submission for OMB Review; to whether the short sale order is at a
comment form (http://www.sec.gov/ Comment Request price that is less than or equal to the
rules/sro.shtml); or current national best bid.
Upon Written Request, Copies Available It is estimated that SRO and non-SRO
• Send an email to rule-comments@ From: Securities and Exchange respondents registered with the
sec.gov. Please include File Number SR– Commission, Office of FOIA Services, Commission and subject to the
BatsBZX–2017–03 on the subject line. 100 F Street NE., Washington, DC collection of information requirements
Paper Comments 20549–2736 of Rule 201 and Rule 200(g) incur an
• Send paper comments in triplicate Extension: aggregate annual burden of 2,908,309
to Brent J. Fields, Secretary, Securities Rule 201 and Rule 200(g) of Regulation hours to comply with the rules and an
SHO SEC File No. 270–606, OMB aggregate annual external cost of
and Exchange Commission, 100 F Street Control No. 3235–0670
NE., Washington, DC 20549–1090. $120,000.
Notice is hereby given that pursuant Any records generated in connection
All submissions should refer to File to the Paperwork Reduction Act of 1995 with Rule 201’s requirements that
Number SR–BatsBZX–2017–03. This file (44 U.S.C. 3501 et seq.) (‘‘PRA’’), the trading centers and broker-dealers (with
number should be included on the respect to the broker-dealer and riskless
jstallworth on DSK7TPTVN1PROD with NOTICES
Securities and Exchange Commission
subject line if email is used. To help the (‘‘Commission’’) has submitted to the principal provisions) establish written
Commission process and review your Office of Management and Budget policies and procedures must be
comments more efficiently, please use (‘‘OMB’’) a request for approval of preserved in accordance with, and for
16 For purposes only of waiving the 30-day
extension of the previously approved the periods specified in, Exchange Act
operative delay, the Commission has considered the collection of information provided for in Rules 17a–1 for SRO trading centers and
proposed rule’s impact on efficiency, competition, 17a–4(e)(7) for non-SRO trading centers
and capital formation. 15 U.S.C. 78c(f). 17 17 CFR 200.30–3(a)(12). and registered broker-dealers. The
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Document Created: 2017-01-27 00:10:54
Document Modified: 2017-01-27 00:10:54
| 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 8642 |
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