83_FR_2875 83 FR 2862 - Data Collection Available for Public Comments

83 FR 2862 - Data Collection Available for Public Comments

SMALL BUSINESS ADMINISTRATION

Federal Register Volume 83, Issue 13 (January 19, 2018)

Page Range2862-2863
FR Document2018-00913

As required by the Paperwork Reduction Act (PRA) the Small Business Administration (SBA) announces its intention to request approval from the Office of Management and Budget (OMB) of the reporting requirements described below. Under the PRA federal agencies are required to publish a notice in the Federal Register concerning each collection of information before it is submitted to OMB for review and approval, and to allow 60 days for public comment on the notice. This notice complies with that requirement.

Federal Register, Volume 83 Issue 13 (Friday, January 19, 2018) 
[Federal Register Volume 83, Number 13 (Friday, January 19, 2018)]
[Notices]
[Pages 2862-2863]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-00913]


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SMALL BUSINESS ADMINISTRATION


Data Collection Available for Public Comments

ACTION: 60-Day notice and request for comments.

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SUMMARY: As required by the Paperwork Reduction Act (PRA) the Small 
Business Administration (SBA) announces its intention to request 
approval from the Office of Management and Budget (OMB) of the 
reporting requirements described below. Under the PRA federal agencies 
are required to publish a notice in the Federal Register concerning 
each collection of information before it is submitted to OMB for review 
and approval, and to allow 60 days for public comment on the notice. 
This notice complies with that requirement.

DATES: Submit comments on or before March 15, 2018.

ADDRESSES: Send all comments to Michael Donadieu, Director, Office of 
SBIC Examinations, Office of Investment and Innovation, Small Business 
Administration, 409 3rd Street, 6th Floor, Washington, DC 20416. Email: 
michael.donadieu@sba.gov.

FOR FURTHER INFORMATION CONTACT: Curtis B. Rich, Management Analyst, 
202-205-7030, curtis.rich@sba.gov.

SUPPLEMENTARY INFORMATION: The Small Business Investment Act of 1958, 
as amended, requires SBA to examine small business investment 
companies, (``SBICs'' or ``Licensees''). The statute requires 
examination at least every two years; however, generally SBA aims to 
examine SBICs more frequently. Specifically, SBA's goal is to examine 
Leveraged licensees (SBICs with outstanding leverage, commitments, or 
earmarked assets) on a 12-month cycle and Non-leveraged licensees on a 
18-month cycle. For newly licensed SBICs, the initial examination 
generally is conducted within six months of licensing.
    At the time SBA notifies the SBIC of the pending examination, the 
agency also identifies certain information the SBIC will be required to 
submit at the commencement of the examination process to assist 
examiners in planning the examination. Additionally, the information 
will provide a basis for: (a)

[[Page 2863]]

Determining SBIC compliance with the Small Business Investment Act of 
1958, as amended (``Act'') and implementing regulations; (b) assessing 
the financial condition of SBICs and SBA's vulnerability; and (c) 
ensuring the accuracy of information that SBICs submit to SBA.
    The information to be collected consists of documentation falling 
into three broad categories: Portfolio information, Licensee documents, 
and accountant workpapers. Portfolio information covers investments 
made by the SBIC during the period covered by the examination, 
including, but not limited to, organizational and financial 
information, schedules of balances and repayments, and financing legal 
documents. Licensee documents deal with the SBIC's organization and 
operations, including, but not limited to, banking and financial 
information, corporate governance, and capital documentation. Finally, 
accountant workpapers relate to the engagement of an independent public 
accountant, including, but not limited to engagement letters and 
management representation letters.
    Comments are invited on (a) whether this reporting requirement is 
necessary for the agency to properly perform its functions; (b) whether 
the burden estimates are accurate; (c) whether there are ways to 
minimize the burden, including through the use of automated techniques 
or other forms of information technology; and (d) whether there are 
ways to enhance the quality, utility, and clarity of the requested 
information.
    Title: SBIC Examinations Notification Letter Documentation.
    Description of Respondents: Small business investment companies 
undergoing examination pursuant to the Act.
    OMB Control Number: [To be determined; new collection].
    Total Estimated number of Respondents: 270.
    Total Estimated Annual Responses: 270.
    Estimated Time to Respond: 50 hours.
    Total Estimated Annual Hour Burden: 13,500.

Curtis B. Rich,
Management Analyst.
[FR Doc. 2018-00913 Filed 1-18-18; 8:45 am]
 BILLING CODE 8025-01-P

2862 Federal Register / Vol. 83, No. 13 / Friday, January 19, 2018 / Notices market may impose any burden on to determine whether the proposed rule For the Commission, by the Division of competition is extremely limited. should be approved or disapproved. Trading and Markets, pursuant to delegated In this instance, the proposed changes authority.12 to the credits available to members for IV. Solicitation of Comments Eduardo A. Aleman, execution of securities in securities of Interested persons are invited to Assistant Secretary. all three Tapes do not impose a burden submit written data, views, and [FR Doc. 2018–00850 Filed 1–18–18; 8:45 am] on competition because the Exchange’s arguments concerning the foregoing, BILLING CODE 8011–01–P execution services are completely including whether the proposed rule voluntary and subject to extensive change is consistent with the Act. competition both from other exchanges Comments may be submitted by any of SMALL BUSINESS ADMINISTRATION and from off-exchange venues. The the following methods: Exchange is proposing to decrease the Data Collection Available for Public amount of credit provided, increase the Electronic Comments Comments qualification requirement to receive a • Use the Commission’s internet credit, eliminate a credit that has been comment form (http://www.sec.gov/ 60-Day notice and request for ACTION: unsuccessful at improving market rules/sro.shtml); or comments. quality significantly, and ease the • Send an email to rule-comments@ criteria of a credit in an effort to sec.gov. Please include File Number SR– SUMMARY: As required by the Paperwork improve market quality in the Nasdaq NASDAQ–2018–001 on the subject line. Reduction Act (PRA) the Small Business Closing Cross. These changes are Administration (SBA) announces its reflective of the Exchange’s need to Paper Comments intention to request approval from the balance the incentives that it provides • Send paper comments in triplicate Office of Management and Budget in return for the market improving to Secretary, Securities and Exchange (OMB) of the reporting requirements behavior it seeks to incentivize. As Commission, 100 F Street NE, described below. Under the PRA federal discussed above, the Exchange has Washington, DC 20549–1090. agencies are required to publish a notice limited funds to apply toward in the Federal Register concerning each All submissions should refer to File collection of information before it is incentives, and therefore must adjust Number SR–NASDAQ–2018–001. This the amount of credit provided, change submitted to OMB for review and file number should be included on the approval, and to allow 60 days for credit tier qualification criteria, and in subject line if email is used. To help the some cases discontinue credits public comment on the notice. This Commission process and review your notice complies with that requirement. altogether, to ensure that it has applied comments more efficiently, please use those limited funds most efficiently. DATES: Submit comments on or before only one method. The Commission will In sum, if the changes proposed post all comments on the Commission’s March 15, 2018. herein are unattractive to market internet website (http://www.sec.gov/ ADDRESSES: Send all comments to participants, it is likely that the rules/sro.shtml). Copies of the Michael Donadieu, Director, Office of Exchange will lose market share as a submission, all subsequent SBIC Examinations, Office of result. Accordingly, the Exchange does amendments, all written statements Investment and Innovation, Small not believe that the proposed changes with respect to the proposed rule Business Administration, 409 3rd Street, will impair the ability of members or change that are filed with the 6th Floor, Washington, DC 20416. competing order execution venues to Commission, and all written Email: michael.donadieu@sba.gov. maintain their competitive standing in communications relating to the FOR FURTHER INFORMATION CONTACT: the financial markets. proposed rule change between the Curtis B. Rich, Management Analyst, C. Self-Regulatory Organization’s Commission and any person, other than 202–205–7030, curtis.rich@sba.gov. Statement on Comments on the those that may be withheld from the SUPPLEMENTARY INFORMATION: The Small Proposed Rule Change Received From public in accordance with the Business Investment Act of 1958, as Members, Participants, or Others provisions of 5 U.S.C. 552, will be amended, requires SBA to examine No written comments were either available for website viewing and small business investment companies, solicited or received. printing in the Commission’s Public (‘‘SBICs’’ or ‘‘Licensees’’). The statute Reference Room, 100 F Street NE, requires examination at least every two III. Date of Effectiveness of the Washington, DC 20549, on official years; however, generally SBA aims to Proposed Rule Change and Timing for business days between the hours of examine SBICs more frequently. Commission Action 10:00 a.m. and 3:00 p.m. Copies of the Specifically, SBA’s goal is to examine The foregoing rule change has become filing also will be available for Leveraged licensees (SBICs with effective pursuant to Section inspection and copying at the principal outstanding leverage, commitments, or 19(b)(3)(A)(ii) of the Act.11 office of the Exchange. All comments earmarked assets) on a 12-month cycle At any time within 60 days of the received will be posted without change. and Non-leveraged licensees on a 18- filing of the proposed rule change, the Persons submitting comments are month cycle. For newly licensed SBICs, Commission summarily may cautioned that we do not redact or edit the initial examination generally is temporarily suspend such rule change if personal identifying information from conducted within six months of it appears to the Commission that such comment submissions. You should licensing. action is: (i) Necessary or appropriate in submit only information that you wish At the time SBA notifies the SBIC of daltland on DSKBBV9HB2PROD with NOTICES the public interest; (ii) for the protection to make available publicly. All the pending examination, the agency of investors; or (iii) otherwise in submissions should refer to File also identifies certain information the furtherance of the purposes of the Act. Number SR–NASDAQ–2018–001, and SBIC will be required to submit at the If the Commission takes such action, the should be submitted on or before commencement of the examination Commission shall institute proceedings February 9, 2018. process to assist examiners in planning the examination. Additionally, the 11 15 U.S.C. 78s(b)(3)(A)(ii). 12 17 CFR 200.30–3(a)(12). information will provide a basis for: (a) VerDate Sep<11>2014 17:05 Jan 18, 2018 Jkt 244001 PO 00000 Frm 00096 Fmt 4703 Sfmt 4703 E:\FR\FM\19JAN1.SGM 19JAN1

Federal Register / Vol. 83, No. 13 / Friday, January 19, 2018 / Notices 2863 Determining SBIC compliance with the DEPARTMENT OF STATE DEPARTMENT OF STATE Small Business Investment Act of 1958, as amended (‘‘Act’’) and implementing [Public Notice 10278] [Public Notice 10274] regulations; (b) assessing the financial condition of SBICs and SBA’s Notice of Determinations; Culturally Notice of Determinations; Additional vulnerability; and (c) ensuring the Significant Objects Imported for Culturally Significant Objects Imported accuracy of information that SBICs for Exhibition Determinations: Exhibition Determinations: ‘‘Klimt and submit to SBA. ‘‘Eyewitness Views: Making History in Schiele: Drawn’’ Exhibition The information to be collected 18th-Century Europe’’ Exhibition consists of documentation falling into SUMMARY: Notice is hereby given of the three broad categories: Portfolio SUMMARY: Notice is hereby given of the following determinations: I hereby information, Licensee documents, and following determinations: I hereby determine that certain objects to be accountant workpapers. Portfolio determine that certain additional objects information covers investments made by included in the exhibition ‘‘Klimt and to be included in the exhibition the SBIC during the period covered by Schiele: Drawn,’’ imported from abroad ‘‘Eyewitness Views: Making History in the examination, including, but not for temporary exhibition within the 18th-Century Europe,’’ imported from limited to, organizational and financial United States, are of cultural abroad for temporary exhibition within information, schedules of balances and significance. The objects are imported the United States, are of cultural repayments, and financing legal pursuant to a loan agreement with the significance. The additional objects are documents. Licensee documents deal foreign owner or custodian. I also imported pursuant to loan agreements with the SBIC’s organization and determine that the exhibition or display with the foreign owners or custodians. operations, including, but not limited of the exhibit objects at the Museum of I also determine that the exhibition or to, banking and financial information, Fine Arts, Boston, in Boston, display of the additional exhibit objects corporate governance, and capital Massachusetts, from on or about at The Cleveland Museum of Art, documentation. Finally, accountant February 25, 2018, until on or about Cleveland, Ohio, from on or about workpapers relate to the engagement of May 28, 2018, and at possible additional February 25, 2018, until on or about an independent public accountant, exhibitions or venues yet to be May 20, 2018, and at possible additional including, but not limited to determined, is in the national interest. exhibitions or venues yet to be engagement letters and management determined, is in the national interest. FOR FURTHER INFORMATION CONTACT: representation letters. Elliot Chiu in the Office of the Legal FOR FURTHER INFORMATION CONTACT: Comments are invited on (a) whether this reporting requirement is necessary Adviser, U.S. Department of State Elliot Chiu in the Office of the Legal for the agency to properly perform its (telephone: 202–632–6471; email: Adviser, U.S. Department of State functions; (b) whether the burden section2459@state.gov). The mailing (telephone: 202–632–6471; email: estimates are accurate; (c) whether there address is U.S. Department of State, L/ section2459@state.gov). The mailing are ways to minimize the burden, PD, SA–5, Suite 5H03, Washington, DC address is U.S. Department of State, L/ including through the use of automated 20522–0505. PD, SA–5, Suite 5H03, Washington, DC techniques or other forms of information 20522–0505. SUPPLEMENTARY INFORMATION: The technology; and (d) whether there are SUPPLEMENTARY INFORMATION: The foregoing determinations were made ways to enhance the quality, utility, and foregoing determinations were made pursuant to the authority vested in me clarity of the requested information. pursuant to the authority vested in me by the Act of October 19, 1965 (79 Stat. Title: SBIC Examinations Notification by the Act of October 19, 1965 (79 Stat. 985; 22 U.S.C. 2459), E.O. 12047 of Letter Documentation. 985; 22 U.S.C. 2459), E.O. 12047 of March 27, 1978, the Foreign Affairs Description of Respondents: Small March 27, 1978, the Foreign Affairs business investment companies Reform and Restructuring Act of 1998 Reform and Restructuring Act of 1998 undergoing examination pursuant to the (112 Stat. 2681, et seq.; 22 U.S.C. 6501 (112 Stat. 2681, et seq.; 22 U.S.C. 6501 Act. note, et seq.), Delegation of Authority note, et seq.), Delegation of Authority OMB Control Number: [To be No. 234 of October 1, 1999, Delegation No. 234 of October 1, 1999, Delegation determined; new collection]. of Authority No. 236–3 of August 28, of Authority No. 236–3 of August 28, Total Estimated number of 2000 (and, as appropriate, Delegation of 2000 (and, as appropriate, Delegation of Respondents: 270. Authority No. 257–1 of December 11, Authority No. 257–1 of December 11, Total Estimated Annual Responses: 2015). I have ordered that Public Notice 2015). I have ordered that Public Notice 270. of these determinations be published in of these determinations be published in Estimated Time to Respond: 50 hours. the Federal Register. the Federal Register. Total Estimated Annual Hour Burden: Alyson Grunder, Alyson Grunder, 13,500. Deputy Assistant Secretary for Policy, Bureau Deputy Assistant Secretary for Policy, Bureau Curtis B. Rich, of Educational and Cultural Affairs, of Educational and Cultural Affairs, Management Analyst. Department of State. Department of State. [FR Doc. 2018–00913 Filed 1–18–18; 8:45 am] [FR Doc. 2018–00910 Filed 1–18–18; 8:45 am] [FR Doc. 2018–00912 Filed 1–18–18; 8:45 am] BILLING CODE 8025–01–P BILLING CODE 4710–05–P BILLING CODE 4710–05–P daltland on DSKBBV9HB2PROD with NOTICES VerDate Sep<11>2014 17:05 Jan 18, 2018 Jkt 244001 PO 00000 Frm 00097 Fmt 4703 Sfmt 4703 E:\FR\FM\19JAN1.SGM 19JAN1


Document Created: 2018-01-19 02:42:56
Document Modified: 2018-01-19 02:42:56
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
Action60-Day notice and request for comments.
DatesSubmit comments on or before March 15, 2018.
ContactCurtis B. Rich, Management Analyst, 202-205-7030, [email protected]
FR Citation83 FR 2862 
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