83 FR 22302 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 93 (May 14, 2018)

Page Range		22302-22303
FR Document		2018-10144

Federal Register, Volume 83 Issue 93 (Monday, May 14, 2018)

[Federal Register Volume 83, Number 93 (Monday, May 14, 2018)]
[Notices]
[Pages 22302-22303]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-10144]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-095, OMB Control No. 3235-0084]


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 17Ac2-1

    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 
17Ac2-1 (17 CFR 240.17Ac2-1), under the Securities Exchange Act of 1934 
(15 U.S.C. 78a et seq.).
    Rule 17Ac2-1, pursuant to Section 17A(c) of the Exchange Act, 
generally requires transfer agents for whom the Commission is the 
transfer agent's Appropriate Regulatory Agency (``ARA''), to file an 
application for registration with the Commission on Form TA-1 and to 
amend their registrations under certain circumstances.
    Specifically, Rule 17Ac2-1 requires transfer agents to file a Form 
TA-1

[[Page 22303]]

application for registration with the Commission where the Commission 
is their ARA. Such transfer agents must also amend their Form TA-1 if 
the existing information on their Form TA-1 becomes inaccurate, 
misleading, or incomplete within 60 days following the date the 
information became inaccurate, misleading or incomplete. Registration 
filings on Form TA-1 and amendments thereto must be filed with the 
Commission electronically, absent an exemption, on EDGAR pursuant to 
Regulation S-T (17 CFR 232).
    The Commission annually receives approximately 186 filings on Form 
TA-1 from transfer agents required to register as such with the 
Commission. Included in this figure are approximately 178 amendments 
made annually by transfer agents to their Form TA-1 as required by Rule 
17Ac2-1(c) to address information that has become inaccurate, 
misleading, or incomplete and approximately 8 new applications by 
transfer agents for registration on Form TA-1 as required by Rule 
17Ac2-1(a). Based on past submissions, the staff estimates that on 
average approximately twelve hours are required for initial completion 
of Form TA-1 and that on average one and one-half hours are required 
for an amendment to Form TA-1 by each such firm. Thus, the subtotal 
burden for new applications for registration filed on Form TA-1 each 
year is 96 hours (12 hours times 8 filers) and the subtotal burden for 
amendments to Form TA-1 filed each year is 267 hours (1.5 hours times 
178 filers). The cumulative total is 363 burden hours per year (96 
hours plus 267 hours).
    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.
    The public may view background documentation for this information 
collection at the following website: 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: May 8, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-10144 Filed 5-11-18; 8:45 am]
 BILLING CODE 8011-01-P

22302 Federal Register / Vol. 83, No. 93 / Monday, May 14, 2018 / Notices

Trading Permit Fees to Clearing Firms is III. Date of Effectiveness of the Reference Room, 100 F Street NE,
done by the Exchange’s affiliate, MIAX Proposed Rule Change and Timing for Washington, DC 20549, on official
Options, as described in the Purpose Commission Action business days between the hours of
section above. The Exchange also The foregoing rule change has become 10:00 a.m. and 3:00 p.m. Copies of the
believes that the proposed fee is fair and effective pursuant to Section filing also will be available for
equitable and not unreasonably 19(b)(3)(A)(ii) of the Act,16 and Rule inspection and copying at the principal
discriminatory because all similarly 19b–4(f)(2) 17 thereunder. At any time office of the Exchange. All comments
situated EEM Clearing Firms are subject within 60 days of the filing of the received will be posted without change.
to the same fee, and access to the proposed rule change, the Commission Persons submitting comments are
Exchange is offered on terms that are summarily may temporarily suspend cautioned that we do not redact or edit
not unfairly discriminatory. such rule change if it appears to the personal identifying information from
Commission that such action is comment submissions. You should
The Exchange believes that the submit only information that you wish
proposed EEM Clearing Firm Trading necessary or appropriate in the public
interest, for the protection of investors, to make available publicly. All
Permit Fee is consistent with Section submissions should refer to File
or otherwise in furtherance of the
6(b)(5) of the Act in that it promotes Number SR–PEARL–2018–12 and
purposes of the Act. If the Commission
equitable principles of trade for all should be submitted on or before June
takes such action, the Commission shall
market participants. The Exchange institute proceedings to determine 4, 2018.
believes that assessing such firms a whether the proposed rule should be For the Commission, by the Division of
Trading Permit Fee is reasonable since approved or disapproved. Trading and Markets, pursuant to delegated
such firms are utilizing the Exchange’s authority.18
System to perform clearing-only IV. Solicitation of Comments
Eduardo A. Aleman,
services. Furthermore, assessing EEM Interested persons are invited to Assistant Secretary.
Clearing Firms a Trading Permit Fee is submit written data, views, and [FR Doc. 2018–10141 Filed 5–11–18; 8:45 am]
fair and equitable since it permits the arguments concerning the foregoing,
BILLING CODE 8011–01–P
Exchange to recoup the operational and including whether the proposed rule
administrative costs that the Exchange change is consistent with the Act.
does incur as a result of such firms Comments may be submitted by any of SECURITIES AND EXCHANGE
utilizing the Exchange’s System. the following methods: COMMISSION
B. Self-Regulatory Organization’s Electronic Comments [SEC File No. 270–095, OMB Control No.
Statement on Burden on Competition • Use the Commission’s internet 3235–0084]
comment form (http://www.sec.gov/
MIAX PEARL does not believe that rules/sro.shtml); or Submission for OMB Review;
the proposed rule change will impose • Send an email to rule-comments@ Comment Request
any burden on competition not sec.gov. Please include File Number SR–
necessary or appropriate in furtherance Upon Written Request, Copies Available
PEARL–2018–12 on the subject line. From: Securities and Exchange
of the purposes of the Act. The
Paper Comments Commission, Office of FOIA Services,
Exchange believes that the assessment
100 F Street NE, Washington, DC
by the Exchange of Trading Permit Fees • Send paper comments in triplicate
20549–2736
to EEM Clearing Firms using its to Secretary, Securities and Exchange
facilities will not have an impact on Commission, 100 F Street NE, Extension:
competition. As a more recent entrant in Washington, DC 20549–1090. Rule 17Ac2–1
the already highly competitive All submissions should refer to File Notice is hereby given that pursuant
environment for equity options trading, Number SR–PEARL–2018–12. This file to the Paperwork Reduction Act of 1995
MIAX PEARL does not have the market number should be included on the (‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
power necessary to set prices for subject line if email is used. To help the Securities and Exchange Commission
services that are unreasonable or Commission process and review your (‘‘Commission’’) has submitted to the
unfairly discriminatory in violation of comments more efficiently, please use Office of Management and Budget
the Act. The Exchange believes that the only one method. The Commission will (‘‘OMB’’) a request for approval of
proposed EEM Clearing Firm Trading post all comments on the Commission’s extension of the previously approved
Permit Fee would increase both internet website (http://www.sec.gov/ collection of information provided for in
intermarket and intramarket rules/sro.shtml). Copies of the Rule 17Ac2–1 (17 CFR 240.17Ac2–1),
competition by encouraging clearing submission, all subsequent under the Securities Exchange Act of
firms to provide clearing services to amendments, all written statements 1934 (15 U.S.C. 78a et seq.).
Members of the Exchange. MIAX with respect to the proposed rule Rule 17Ac2–1, pursuant to Section
PEARL’s proposed EEM Clearing Firm change that are filed with the 17A(c) of the Exchange Act, generally
Trading Permit Fee is similar to the fee Commission, and all written requires transfer agents for whom the
assessed by its affiliate, MIAX Options, communications relating to the Commission is the transfer agent’s
proposed rule change between the Appropriate Regulatory Agency
to its Clearing Firms but is much lower
Commission and any person, other than (‘‘ARA’’), to file an application for
than that assessed by MIAX Options.
those that may be withheld from the registration with the Commission on
amozie on DSK3GDR082PROD with NOTICES

C. Self-Regulatory Organization’s public in accordance with the Form TA–1 and to amend their
Statement on Comments on the provisions of 5 U.S.C. 552, will be registrations under certain
Proposed Rule Change Received From available for website viewing and circumstances.
Members, Participants, or Others printing in the Commission’s Public Specifically, Rule 17Ac2–1 requires
transfer agents to file a Form TA–1
Written comments were neither 16 15 U.S.C. 78s(b)(3)(A)(ii).
solicited nor received. 17 17 CFR 240.19b–4(f)(2). 18 17 CFR 200.30–3(a)(12).

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Federal Register / Vol. 83, No. 93 / Monday, May 14, 2018 / Notices 22303

application for registration with the Dated: May 8, 2018. the most significant parts of such
Commission where the Commission is Eduardo A. Aleman, statements.
their ARA. Such transfer agents must Assistant Secretary.
also amend their Form TA–1 if the A. Self-Regulatory Organization’s
[FR Doc. 2018–10144 Filed 5–11–18; 8:45 am]
existing information on their Form TA– Statement of the Purpose of, and
BILLING CODE 8011–01–P
1 becomes inaccurate, misleading, or Statutory Basis for, the Proposed Rule
incomplete within 60 days following the Change
date the information became inaccurate, SECURITIES AND EXCHANGE 1. Purpose
misleading or incomplete. Registration COMMISSION
filings on Form TA–1 and amendments The shares of the Fund (the ‘‘Shares’’)
thereto must be filed with the [Release No. 34–83187; File No. SR– are listed and traded on the Exchange
Commission electronically, absent an CboeBZX–2018–032] under Rule 14.11(i), which governs the
exemption, on EDGAR pursuant to listing and trading of Managed Fund
Regulation S–T (17 CFR 232). Self-Regulatory Organizations; Cboe Shares, pursuant to an immediately
The Commission annually receives BZX Exchange, Inc.; Notice of Filing effective rule filing.3 The Fund is a
approximately 186 filings on Form TA– and Immediate Effectiveness of a series of the Cambria ETF Trust (the
1 from transfer agents required to Proposed Rule Change To Continue ‘‘Trust’’), which is organized as a
register as such with the Commission. Listing and Trading Shares of the
Delaware statutory trust and is
Included in this figure are Cambria Sovereign Bond ETF
registered with the Commission as an
approximately 178 amendments made May 8, 2018. open-end management investment
annually by transfer agents to their Pursuant to Section 19(b)(1) of the company.4
Form TA–1 as required by Rule 17Ac2– Securities Exchange Act of 1934 In this proposed rule change, the
1(c) to address information that has (‘‘Act’’),1 and Rule 19b–4 thereunder,2 Exchange proposes to amend a
become inaccurate, misleading, or notice is hereby given that on May 1, representation made in the Prior Notice
incomplete and approximately 8 new 2018, Cboe BZX Exchange, Inc.
applications by transfer agents for relating to changes to the investment
(‘‘Exchange’’ or ‘‘BZX’’) filed with the strategy of the Fund, as described
registration on Form TA–1 as required Securities and Exchange Commission
by Rule 17Ac2–1(a). Based on past below.5 The Prior Notice (and the Arca
(‘‘Commission’’) the proposed rule Approval Order) contains the following
submissions, the staff estimates that on change as described in Items I and II
average approximately twelve hours are representation regarding the holdings of
below, which Items have been prepared the Fund: ‘‘under normal market
required for initial completion of Form by the Exchange. The Commission is
TA–1 and that on average one and one- publishing this notice to solicit 3 See Securities Exchange Act Release No. 79618
half hours are required for an comments on the proposed rule change (December 20, 2016), 81 FR 95252 (December 27,
amendment to Form TA–1 by each such from interested persons. 2016) (SR–BatsBZX–2016–88) (the ‘‘Prior Notice’’).
firm. Thus, the subtotal burden for new The Exchange notes that the Commission
applications for registration filed on I. Self-Regulatory Organization’s previously approved a proposal to list and trade the
Form TA–1 each year is 96 hours (12 Statement of the Terms of Substance of Shares on NYSE Arca, Inc. See Securities Exchange
the Proposed Rule Change Act Release No. 75540 (July 28, 2015), 80 FR 46359
hours times 8 filers) and the subtotal (August 4, 2015) (SR–NYSEArca–2015–50) (the
burden for amendments to Form TA–1 The Exchange filed a proposal to ‘‘Arca Approval Order’’).
filed each year is 267 hours (1.5 hours amend a representation made in a 4 See Registration Statement on Form N–1A for

times 178 filers). The cumulative total is the Trust, dated September 30, 2015 (File Nos. 333–
proposed rule change previously filed 180879 and 811–22704) (the ‘‘Registration
363 burden hours per year (96 hours with the Commission pursuant to Rule Statement’’). The Commission has issued an order
plus 267 hours). 19b–4 relating to the Cambria Sovereign granting certain exemptive relief to the Trust under
An agency may not conduct or Bond ETF (the ‘‘Fund’’) (f/k/a Cambria the Investment Company Act of 1940 (15 U.S.C
sponsor, and a person is not required to 80a–1) (‘‘1940 Act’’) (the ‘‘Exemptive Order’’). See
Sovereign High Yield Bond ETF). Investment Company Act Release No. 30340
respond to, a collection of information The text of the proposed rule change (January 4, 2013) (File No. 812–13959). The Trust
under the PRA unless it displays a is available at the Exchange’s website at also submitted to the Commission a ‘‘Supplement
currently valid OMB control number. www.markets.cboe.com, at the principal dated January 20, 2017 to the Summary Prospectus,
The public may view background Statutory Prospectus (collectively, the
office of the Exchange, and at the ‘‘Prospectuses’’) and Statement of Additional
documentation for this information Commission’s Public Reference Room. Information (‘‘SAI’’) dated September 1, 2016, as
collection at the following website: each may be amended or supplemented’’ (the
www.reginfo.gov. Comments should be II. Self-Regulatory Organization’s ‘‘January 20 Supplement’’) outlining the proposed
directed to: (i) Desk Officer for the Statement of the Purpose of, and change to the investment strategy as well as a
Securities and Exchange Commission, Statutory Basis for, the Proposed Rule ‘‘Supplement dated August 24, 2017 to the
Change Summary Prospectus, Statutory Prospectus
Office of Information and Regulatory (collectively, the ‘‘Prospectuses’’) and Statement of
Affairs, Office of Management and In its filing with the Commission, the Additional Information (‘‘SAI’’) dated September 1,
Budget, Room 10102, New Executive Exchange included statements 2016, as each may be amended or supplemented’’
in order to provide notice that the investment
Office Building, Washington, DC 20503, concerning the purpose of and basis for strategy change had been replaced as described in
or by sending an email to: Shagufta_ the proposed rule change and discussed the January 20 Supplement. See https://
Ahmed@omb.eop.gov; and (ii) Pamela any comments it received on the www.sec.gov/Archives/edgar/data/1529390/0001
Dyson, Director/Chief Information proposed rule change. The text of these 39834417000671/fp0023454_497.htm and https://
amozie on DSK3GDR082PROD with NOTICES

www.sec.gov/Archives/edgar/data/1529390/000
Officer, Securities and Exchange statements may be examined at the 139834417010795/fp0027628_497.htm,
Commission, c/o Remi Pavlik-Simon, places specified in Item IV below. The respectively.
100 F Street NE, Washington, DC 20549, Exchange has prepared summaries, set 5 The Exchange notes that while a change was

or by sending an email to: forth in Sections A, B, and C below, of made to the principal investment strategy, there
were no changes to the Fund’s investment objective,
PRA_Mailbox@sec.gov. Comments the method or methods used to select the Fund’s
must be submitted to OMB within 30 1 15 U.S.C. 78s(b)(1). portfolio investments, or the Fund’s fees and
days of this notice. 2 17 CFR 240.19b–4. expenses.

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Document Created: 2018-05-12 01:11:45
Document Modified: 2018-05-12 01:11:45

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		83 FR 22302