83 FR 31824 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 131 (July 9, 2018)

Page Range		31824-31825
FR Document		2018-14650

Federal Register, Volume 83 Issue 131 (Monday, July 9, 2018)

[Federal Register Volume 83, Number 131 (Monday, July 9, 2018)]
[Notices]
[Pages 31824-31825]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-14650]


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SECURITIES AND EXCHANGE COMMISSION


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 10-Q, SEC File No. 270-49, OMB Control No. 3235-0070

    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 approval of extensions on the following:
    Form 10-Q (17 CFR 249.308a) is filed by issuers of securities to 
satisfy their quarterly reporting obligations pursuant to Section 13 or 
15(d) of the Exchange Act (``Exchange Act'') (15 U.S.C. 78m or 78o(d)). 
The information provided by Form 10-Q is intended to ensure the 
adequacy of information available to investors about an issuer. Form 
10-Q takes approximately 187.43 hours per response to prepare and is 
filed by approximately 22,907 respondents. We estimated that 75% of the 
approximately 187.43 hours per response (140.57 hours) is prepared by 
the company for an annual reporting burden of 3,220,037 hours (140.57 
hours per response x 22,907 responses).
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
burden of 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

[[Page 31825]]

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 Candace 
Kenner, 100 F Street NE, Washington, DC 20549 or send an email to: 
[email protected].

    Dated: July 3, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-14650 Filed 7-6-18; 8:45 am]
 BILLING CODE 8011-01-P

31824 Federal Register / Vol. 83, No. 131 / Monday, July 9, 2018 / Notices

B. Self-Regulatory Organization’s change should be approved or For the Commission, by the Division of
Statement on Burden on Competition disapproved. Trading and Markets, pursuant to delegated
authority.9
The Exchange does not believe that IV. Solicitation of Comments Eduardo A. Aleman,
the proposed rule change will impose
Assistant Secretary.
any burden on competition that is not Interested persons are invited to
[FR Doc. 2018–14549 Filed 7–6–18; 8:45 am]
necessary or appropriate in furtherance submit written data, views, and
of the purposes of the Act. The BILLING CODE P
arguments concerning the foregoing,
Exchange does not believe that the including whether the proposed rule
proposed change to customer MSCI change is consistent with the Act.
options transaction fees will cause any SECURITIES AND EXCHANGE
Comments may be submitted by any of COMMISSION
unnecessary burden on intramarket the following methods:
competition because, while customers Proposed Collection; Comment
are assessed different, and often lower, Electronic Comments
Request
fee rates than other market participants,
• Use the Commission’s internet Upon Written Request Copies Available
Customer order flow enhances liquidity
comment form (http://www.sec.gov/ From: Securities and Exchange
on the Exchange for the benefit of all
rules/sro.shtml); or Commission, Office of FOIA Services,
market participants. Moreover, the
options industry has a long history of • Send an email to rule-comments@ 100 F Street NE, Washington, DC
providing preferential pricing to sec.gov. Please include File Number SR– 20549–2736
Customers, and the Exchange’s current CBOE–2018–049 on the subject line. Extension:
Fees Schedule currently does so in Form 10–Q, SEC File No. 270–49, OMB
Paper Comments
many places. Additionally, the Control No. 3235–0070
proposed Customer fee amount will be • Send paper comments in triplicate Notice is hereby given that, pursuant
applied equally to all Customers to Secretary, Securities and Exchange to the Paperwork Reduction Act of 1995
(meaning that all Customers will be Commission, 100 F Street NE, (44 U.S.C. 3501 et seq.), the Securities
assessed the same amount for MSCI Washington, DC 20549–1090. and Exchange Commission
Options). The Exchange does not (‘‘Commission’’) is soliciting comments
believe that the proposed changes to the All submissions should refer to File
on the collection of information
customer MSCI Options transaction fees Number SR–CBOE–2018–049. This file
summarized below. The Commission
will cause any unnecessary burden on number should be included on the
plans to submit this existing collection
intermarket competition because the subject line if email is used. To help the
of information to the office of
change only affects trading on Cboe Commission process and review your
Management and Budget for approval of
Options. To the extent that the proposed comments more efficiently, please use
extensions on the following:
changes make Cboe Options a more only one method. The Commission will Form 10–Q (17 CFR 249.308a) is filed
attractive marketplace for market post all comments on the Commission’s by issuers of securities to satisfy their
participants at other exchanges, such internet website (http://www.sec.gov/ quarterly reporting obligations pursuant
market participants are welcome to rules/sro.shtml). Copies of the to Section 13 or 15(d) of the Exchange
become Cboe Options market submission, all subsequent Act (‘‘Exchange Act’’) (15 U.S.C. 78m or
participants. amendments, all written statements 78o(d)). The information provided by
C. Self-Regulatory Organization’s with respect to the proposed rule Form 10–Q is intended to ensure the
Statement on Comments on the change that are filed with the adequacy of information available to
Proposed Rule Change Received From Commission, and all written investors about an issuer. Form 10–Q
Members, Participants, or Others communications relating to the takes approximately 187.43 hours per
proposed rule change between the response to prepare and is filed by
The Exchange neither solicited nor Commission and any person, other than
received comments on the proposed approximately 22,907 respondents. We
those that may be withheld from the estimated that 75% of the
rule change. public in accordance with the approximately 187.43 hours per
III. Date of Effectiveness of the provisions of 5 U.S.C. 552, will be response (140.57 hours) is prepared by
Proposed Rule Change and Timing for available for website viewing and the company for an annual reporting
Commission Action printing in the Commission’s Public burden of 3,220,037 hours (140.57 hours
Reference Room, 100 F Street NE, per response x 22,907 responses).
The foregoing rule change has become
Washington, DC 20549 on official Written comments are invited on: (a)
effective pursuant to Section 19(b)(3)(A)
business days between the hours of Whether the proposed collection of
of the Act 7 and paragraph (f) of Rule
10:00 a.m. and 3:00 p.m. Copies of the information is necessary for the proper
19b–4 8 thereunder. At any time within
60 days of the filing of the proposed rule filing also will be available for performance of the functions of the
change, the Commission summarily may inspection and copying at the principal agency, including whether the
temporarily suspend such rule change if office of the Exchange. All comments information will have practical utility;
it appears to the Commission that such received will be posted without change. (b) the accuracy of the agency’s estimate
action is necessary or appropriate in the Persons submitting comments are of burden of the collection of
public interest, for the protection of cautioned that we do not redact or edit information; (c) ways to enhance the
personal identifying information from
sradovich on DSK3GMQ082PROD with NOTICES

investors, or otherwise in furtherance of quality, utility, and clarity of the
the purposes of the Act. If the comment submissions. You should information collected; and (d) ways to
Commission takes such action, the submit only information that you wish minimize the burden of the collection of
Commission shall institute proceedings to make available publicly. All information on respondents, including
to determine whether the proposed rule submissions should refer to File through the use of automated collection
Number SR–CBOE–2018–049 and techniques or other forms of information
7 15 U.S.C. 78s(b)(3)(A). should be submitted on or before July
8 17 CFR 240.19b–4(f). 30, 2018. 9 17 CFR 200.30–3(a)(12).

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Federal Register / Vol. 83, No. 131 / Monday, July 9, 2018 / Notices 31825

technology. Consideration will be given have been prepared by the Exchange. incentive program for Lead Market-
to comments and suggestions submitted The Commission is publishing this Makers appointed in MSCI EAFE Index
in writing within 60 days of this notice to solicit comments on the (MXEA) options and MSCI Emerging
publication. proposed rule change from interested Markets Index (MXEF) options
An agency may not conduct or persons. (collectively, MSCI options), effective
sponsor, and a person is not required to July 2, 2018. More specifically, the
respond to, a collection of information I. Self-Regulatory Organization’s
Statement of the Terms of Substance of Exchange proposes to provide a
unless it displays a currently valid financial incentive to any Market-Maker
control number. the Proposed Rule Change
The Exchange proposes to amend its that is appointed as a Lead Market-
Please direct your written comment to
Pamela Dyson, Director/Chief Fees Schedule to adopt a financial Maker (‘‘LMM’’) in MXEA and/or MXEF
Information Officer, Securities and incentive program for Lead Market- (‘‘MSCI LMM’’) and meet a heightened
Exchange Commission, c/o Candace Makers appointed in MSCI EAFE Index quoting standard, to be set forth in the
Kenner, 100 F Street NE, Washington, (MXEA) options and MSCI Emerging Fees Schedule.3 MSCI LMM(s) that meet
DC 20549 or send an email to: PRA_ Markets Index (MXEF) options the heightened quoting standard (which
Mailbox@sec.gov. (collectively, MSCI options), effective shall be explained herein), will receive
Dated: July 3, 2018. July 2, 2018. $20,000 per month/per product.
The text of the proposed rule change By way of background, pursuant to
Eduardo A. Aleman,
is available on the Exchange’s website Rule 8.15(a), the Exchange may approve
Assistant Secretary.
(http://www.cboe.com/AboutCBOE/ one or more Market-Makers to act as
[FR Doc. 2018–14650 Filed 7–6–18; 8:45 am] CBOELegalRegulatoryHome.aspx), at
BILLING CODE 8011–01–P LMMs in a class for which a Designated
the Exchange’s Office of the Secretary,
Primary Market-Maker (‘‘DPM’’) has not
and at the Commission’s Public
been appointed, for a term of no less
Reference Room.
SECURITIES AND EXCHANGE than the time until the end of the then-
COMMISSION II. Self-Regulatory Organization’s current expiration cycle. In addition to
Statement of the Purpose of, and a LMM’s requirement to fulfill all
[Release No. 34–83585; File No. SR–CBOE–
2018–050] Statutory Basis for, the Proposed Rule obligations of a Market-Maker under the
Change Exchange Rules, a LMM must also
Self-Regulatory Organizations; Cboe In its filing with the Commission, the satisfy heightened quoting obligations
Exchange, Inc.; Notice of Filing and Exchange included statements set forth in Rule 8.15(b).
Immediate Effectiveness of a Proposed concerning the purpose of and basis for The Exchange proposes to provide in
Rule Change To Amend Its Fees the proposed rule change and discussed
Schedule To Adopt a Financial the Fees Schedule that through
any comments it received on the December 31, 2018, if a MSIC LMM
Incentive Program for Lead Market- proposed rule change. The text of these
Makers Appointed in MSCI EAFE Index meets the heightened standard
statements may be examined at the
Options and MSCI Emerging Markets described below, the LMM in each class
places specified in Item IV below. The
Index Options will receive $20,000 per month, per
Exchange has prepared summaries, set
forth in Sections A, B, and C below, of their respective appointed class.
July 2, 2018. Specifically, the LMM will receive
Pursuant to Section 19(b)(1) of the the most significant aspects of such
statements. $20,000 per month/per class if it
Securities Exchange Act of 1934 (the provides continuous electronic quotes
‘‘Act’’),1 and Rule 19b–4 thereunder,2 A. Self-Regulatory Organization’s that meet or exceed the following
notice is hereby given that on July 2, Statement of the Purpose of, and heightened quoting standards in at least
2018, Cboe Exchange, Inc. (the Statutory Basis for, the Proposed Rule 90% of the MXEA and/or MXEF series
‘‘Exchange’’ or ‘‘Cboe Options’’) filed Change
with the Securities and Exchange it must quote pursuant to Rule 8.15(b)
Commission (the ‘‘Commission’’) the 1. Purpose 90% of the time in a given month:
proposed rule change as described in The Exchange proposes to amend its
Items I, II, and III below, which Items Fees Schedule to adopt a financial
Expiring 7 days or less Near term 8 days to 60 Mid term 61 days to 270 Long term 271 days or
days days greater
Premium level
Width Size Width Size Width Size Width Size

$0–$5.00 ........................................................... $3.00 5 $1.50 20 $2.50 15 $5.00 10
$5.01–$15.00 .................................................... 6.00 3 3.00 15 5.00 10 10.00 7
$15.01–$50.00 .................................................. 15.00 2 7.50 10 10.00 7 20.00 5
$50.01–$100.00 ................................................ 25.00 1 15.00 7 20.00 5 30.00 3
$100.01–$200.00 .............................................. 40.00 1 25.00 3 35.00 3 48.00 2
Greater Than $200.01 ....................................... 60.00 1 40.00 1 50.00 1 72.00 1

The Exchange may consider other of the financial benefit, MSCI LMM(s) satisfy the abovementioned heightened
sradovich on DSK3GMQ082PROD with NOTICES

exceptions to this quoting standard will not be obligated to satisfy the quoting standard. If a MSCI LMM does
based on demonstrated legal or heightened quoting standard shown not meet the heightened quoting
regulatory requirements or other above. Rather, the MSCI LMM(s) will standard, then it simply will not receive
mitigating circumstances. For purposes only receive the financial benefit if they the financial benefit for that month. The

1 15 U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 3 MSCI LMMs would serve as MSCI LMMs during

the RTH session only.

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Document Created: 2018-07-07 00:43:03
Document Modified: 2018-07-07 00:43:03

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 31824