83 FR 2246 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 10 (January 16, 2018)

Page Range		2246-2247
FR Document		2018-00503

Federal Register, Volume 83 Issue 10 (Tuesday, January 16, 2018)

[Federal Register Volume 83, Number 10 (Tuesday, January 16, 2018)]
[Notices]
[Pages 2246-2247]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-00503]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-638, OMB Control No. 3235-0690]


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:
    Form SF-3

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget for extension and approval.
    Form SF-3 (17 CFR 239.45) is a short form registration statement 
used for non-shelf issuers of asset-backed securities to register a 
public offering of their securities under the Securities Act of 1933 
(15 U.S.C. 77a et seq.). Form SF-3 takes approximately 1,380 hours per 
response and is filed by approximately 71 issuers annually. The 
information collected is intended to ensure that the information 
required to be filed by the Commission permits verification of 
compliance with securities law requirements and assures the public 
availability of such information in the asset-backed securities market. 
We estimate that 25% of the 1,380 hours per response (345 hours) is 
prepared by the issuer for a total annual reporting burden of 24,495 
hours (345 hours per response x 71 responses).
    Written comments are invited on: (a) Whether this proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility;

[[Page 2247]]

(b) the accuracy of the agency's estimate of the burden imposed by the 
collection of information; (c) ways to enhance the quality, utility, 
and clarity of the information 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 control number.
    Please direct your written comment 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: January 9, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-00503 Filed 1-12-18; 8:45 am]
 BILLING CODE 8011-01-P

2246 Federal Register / Vol. 83, No. 10 / Tuesday, January 16, 2018 / Notices

additional benefits or discounts that are 60 days of the filing of the proposed rule Number SR–CboeBYX–2017–005 and
reasonably related to: (i) The value to an change, the Commission summarily may should be submitted on or before
exchange’s market quality; (ii) temporarily suspend such rule change if February 6, 2018.
associated higher levels of market it appears to the Commission that such For the Commission, by the Division of
activity, such as higher levels of action is necessary or appropriate in the Trading and Markets, pursuant to delegated
liquidity provision and/or growth public interest, for the protection of authority.22
patterns; and (iii) the introduction of investors, or otherwise in furtherance of Eduardo A. Aleman,
higher volumes of orders into the price the purposes of the Act. Assistant Secretary.
and volume discovery processes. The
IV. Solicitation of Comments [FR Doc. 2018–00534 Filed 1–12–18; 8:45 am]
Exchange believes that the proposed tier
Interested persons are invited to BILLING CODE 8011–01–P
is a reasonable, fair and equitable, and
not an unfairly discriminatory submit written data, views, and
allocation of fees and rebates, because it arguments concerning the foregoing,
including whether the proposed rule SECURITIES AND EXCHANGE
will provide Members with an COMMISSION
additional incentive to reach certain change is consistent with the Act.
thresholds on the Exchange. Comments may be submitted by any of [SEC File No. 270–638, OMB Control No.
the following methods: 3235–0690]
(B) Self-Regulatory Organization’s
Statement on Burden on Competition Electronic Comments Proposed Collection; Comment
The Exchange does not believe that • Use the Commission’s internet Request
the proposed rule change will impose comment form (http://www.sec.gov/ Upon Written Request Copies Available
any burden on competition not rules/sro.shtml); or From: Securities and Exchange
necessary or appropriate in furtherance • Send an email to rule-comments@
Commission, Office of FOIA Services,
of the purposes of the Act. The sec.gov. Please include File Number SR–
100 F Street NE, Washington, DC
Exchange does not believe that this CboeBYX–2017–005 on the subject line.
20549–2736
change represents a significant Paper Comments Extension:
departure from previous pricing offered • Send paper comments in triplicate Form SF–3
by the Exchange or from pricing offered to Brent J. Fields, Secretary, Securities
by the Exchange’s competitors. The Notice is hereby given that, pursuant
and Exchange Commission, 100 F Street to the Paperwork Reduction Act of 1995
proposed rates would apply uniformly NE, Washington, DC 20549–1090.
to all Members, and Members may opt (44 U.S.C. 3501 et seq.), the Securities
All submissions should refer to File and Exchange Commission
to disfavor the Exchange’s pricing if
Number SR–CboeBYX–2017–005. This (‘‘Commission’’) is soliciting comments
they believe that alternatives offer them
file number should be included on the on the collection of information
better value. Accordingly, the Exchange
subject line if email is used. To help the summarized below. The Commission
does not believe that the proposed
Commission process and review your plans to submit this existing collection
changes will impair the ability of
comments more efficiently, please use of information to the Office of
Members or competing venues to
only one method. The Commission will Management and Budget for extension
maintain their competitive standing in
post all comments on the Commission’s and approval.
the financial markets. Further, excessive
internet website (http://www.sec.gov/ Form SF–3 (17 CFR 239.45) is a short
fees would serve to impair an
rules/sro.shtml). Copies of the form registration statement used for
exchange’s ability to compete for order
submission, all subsequent non-shelf issuers of asset-backed
flow and members rather than
amendments, all written statements securities to register a public offering of
burdening competition. The Exchange
with respect to the proposed rule their securities under the Securities Act
believes that its proposal would not
change that are filed with the of 1933 (15 U.S.C. 77a et seq.). Form
burden intramarket competition because
Commission, and all written SF–3 takes approximately 1,380 hours
the proposed rate would apply
communications relating to the per response and is filed by
uniformly to all Members.
proposed rule change between the approximately 71 issuers annually. The
(C) Self-Regulatory Organization’s Commission and any person, other than information collected is intended to
Statement on Comments on the those that may be withheld from the ensure that the information required to
Proposed Rule Change Received From public in accordance with the be filed by the Commission permits
Members, Participants or Others provisions of 5 U.S.C. 552, will be verification of compliance with
The Exchange has not solicited, and available for website viewing and securities law requirements and assures
does not intend to solicit, comments on printing in the Commission’s Public the public availability of such
this proposed rule change. The Reference Room, 100 F Street NE, information in the asset-backed
Exchange has not received any Washington, DC 20549, on official securities market. We estimate that 25%
unsolicited written comments from business days between the hours of of the 1,380 hours per response (345
Members or other interested parties. 10:00 a.m. and 3:00 p.m. Copies of the hours) is prepared by the issuer for a
filing also will be available for total annual reporting burden of 24,495
III. Date of Effectiveness of the inspection and copying at the principal hours (345 hours per response × 71
Proposed Rule Change and Timing for office of the Exchange. All comments responses).
Commission Action received will be posted without change. Written comments are invited on: (a)
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The foregoing rule change has become Persons submitting comments are Whether this proposed collection of
effective pursuant to Section 19(b)(3)(A) cautioned that we do not redact or edit information is necessary for the proper
of the Act 20 and paragraph (f) of Rule personal identifying information from performance of the functions of the
19b–4 thereunder.21 At any time within comment submissions. You should agency, including whether the
submit only information that you wish information will have practical utility;
20 15 U.S.C. 78s(b)(3)(A). to make available publicly. All
21 17 CFR 240.19b–4(f). submissions should refer to File 22 17 CFR 200.30–3(a)(12).

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Federal Register / Vol. 83, No. 10 / Tuesday, January 16, 2018 / Notices 2247

(b) the accuracy of the agency’s estimate filed under Sections 12, 13, 14, and 15 Management and Budget for extension
of the burden imposed by the collection of the Securities Exchange Act of 1934 and approval.
of information; (c) ways to enhance the (15 U.S.C. 78l, 78m, 78n, 78o(d)). Section 11(a) of the Investment
quality, utility, and clarity of the Regulation S–K is assigned one burden Company Act of 1940 (‘‘Act’’) (15 U.S.C.
information collected; and (d) ways to hour for administrative convenience. 80a–11(a)) provides that it is unlawful
minimize the burden of the collection of Written comments are invited on: (a) for a registered open-end investment
information on respondents, including Whether the proposed collection of company (‘‘fund’’) or its underwriter to
through the use of automated collection information is necessary for the proper make an offer to the fund’s shareholders
techniques or other forms of information performance of the functions of the or the shareholders of any other fund to
technology. Consideration will be given agency, including whether the exchange the fund’s securities for
to comments and suggestions submitted information will have practical utility; securities of the same or another fund
in writing within 60 days of this (b) the accuracy of the agency’s estimate on any basis other than the relative net
publication. of the burden imposed by the collection asset values (‘‘NAVs’’) of the respective
An agency may not conduct or of information; (c) ways to enhance the securities to be exchanged, ‘‘unless the
sponsor, and a person is not required to quality, utility, and clarity of the terms of the offer have first been
respond to, a collection of information information collected; and (d) ways to submitted to and approved by the
unless it displays a currently valid minimize the burden of the collection of Commission or are in accordance with
control number. information on respondents, including such rules and regulations as the
Please direct your written comment to through the use of automated collection Commission may have prescribed in
Pamela Dyson, Director/Chief techniques or other forms of information respect of such offers.’’ Section 11(a)
Information Officer, Securities and technology. Consideration will be given was designed to prevent ‘‘switching,’’
Exchange Commission, c/o Remi Pavlik- to comments and suggestions submitted the practice of inducing shareholders of
Simon, 100 F Street NE, Washington, in writing within 60 days of this one fund to exchange their shares for
DC 20549 or send an email to: PRA_ publication. the shares of another fund for the
Mailbox@sec.gov. An agency may not conduct or purpose of exacting additional sales
Dated: January 9, 2018. sponsor, and a person is not required to charges.
respond to, a collection of information Rule 11a–3 (17 CFR 270.11a–3) under
Eduardo A. Aleman,
unless it displays a currently valid the Act is an exemptive rule that
Assistant Secretary. permits open-end investment
[FR Doc. 2018–00503 Filed 1–12–18; 8:45 am] control number.
Please direct your written comment to companies (‘‘funds’’), other than
BILLING CODE 8011–01–P
Pamela Dyson, Director/Chief insurance company separate accounts,
Information Officer, Securities and and funds’ principal underwriters, to
make certain exchange offers to fund
SECURITIES AND EXCHANGE Exchange Commission, c/o Remi Pavlik-
shareholders and shareholders of other
COMMISSION Simon, 100 F Street NE, Washington,
funds in the same group of investment
DC 20549 or send an email to: PRA_
[SEC File No. 270–002, OMB Control No. companies. The rule requires a fund,
Mailbox@sec.gov.
3235–0071] among other things, (i) to disclose in its
Dated: January 9, 2018. prospectus and advertising literature the
Proposed Collection; Comment Eduardo A. Aleman, amount of any administrative or
Request Assistant Secretary. redemption fee imposed on an exchange
Upon Written Request, Copies Available [FR Doc. 2018–00514 Filed 1–12–18; 8:45 am] transaction, (ii) if the fund imposes an
From: Securities and Exchange BILLING CODE 8011–01–P administrative fee on exchange
Commission, Office of FOIA Services, transactions, other than a nominal one,
100 F Street NE, Washington, DC to maintain and preserve records with
20549–2736. SECURITIES AND EXCHANGE respect to the actual costs incurred in
COMMISSION connection with exchanges for at least
Extension: six years, and (iii) give the fund’s
Regulation S–K. [SEC File No. 270–321, OMB Control No. shareholders a sixty day notice of a
Notice is hereby given that, pursuant 3235–0358] termination of an exchange offer or any
to the Paperwork Reduction Act of 1995 material amendment to the terms of an
(44 U.S.C. 3501 et seq.), the Securities Proposed Collection; Comment exchange offer (unless the only material
and Exchange Commission Request effect of an amendment is to reduce or
(‘‘Commission’’) is soliciting comments Upon Written Request, Copies Available eliminate an administrative fee, sales
on the collection of information From: Securities and Exchange load or redemption fee payable at the
summarized below. The Commission Commission, Office of FOIA Services, time of an exchange).
plans to submit this existing collection 100 F Street NE, Washington, DC The rule’s requirements are designed
of information to the Office of 20549–2736 to protect investors against abuses
Management and Budget for extension associated with exchange offers, provide
and approval. Extension: fund shareholders with information
Regulation S–K (17 CFR 229.101—et Rule 11a–3
necessary to evaluate exchange offers
seq.) specifies the non-financial Notice is hereby given that pursuant and certain material changes in the
disclosure requirements applicable to to the Paperwork Reduction Act of 1995 terms of exchange offers, and enable the
daltland on DSKBBV9HB2PROD with NOTICES

registration statements under the (44 U.S.C. 3501–3520), the Securities Commission staff to monitor funds’ use
Securities Act of 1933 (15 U.S.C. 77a et and Exchange Commission (the of administrative fees charged in
seq.); and registration statements, ‘‘Commission’’) is soliciting comments connection with exchange transactions.
periodic reports, going-private on the collection of information The staff estimates that there are
transaction and tender offer statements, summarized below. The Commission approximately 1,606 active open-end
proxy and information statements, and plans to submit this existing collection investment companies registered with
any other documents required to be of information to the Office of the Commission as of September 2017.

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Document Created: 2018-01-13 02:02:25
Document Modified: 2018-01-13 02:02:25

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 2246