83 FR 42961 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 165 (August 24, 2018)

Page Range		42961-42962
FR Document		2018-18365

Federal Register, Volume 83 Issue 165 (Friday, August 24, 2018)

[Federal Register Volume 83, Number 165 (Friday, August 24, 2018)]
[Notices]
[Pages 42961-42962]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-18365]


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SECURITIES AND EXCHANGE COMMISSION


Submission for OMB Review; Comment Request

Upon Written Request Copies Available From: U.S. Securities and 
Exchange Commission, Office of FOIA Services, 100 F Street NE, 
Washington, DC 20549-2736

Extension for Generic ICR:
    Generic Clearance for the Collection of Qualitative Feedback on 
Agency Service Delivery, SEC File No. 270-789, OMB Control No. 3235-
0731

    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.
    The information collection activity will garner qualitative 
customer and stakeholder feedback in an efficient, timely manner, in 
accordance with the

[[Page 42962]]

Administration's commitment to improving service delivery. By 
qualitative feedback we mean information that provides useful insights 
on perceptions and opinions, but are not statistical surveys that yield 
quantitative results that can be generalized to the population of 
study. This feedback will provide insights into customer or stakeholder 
perceptions, experiences and expectations, provide an early warning of 
issues with service, or focus attention on areas where communication, 
training or changes in operations might improve delivery of products or 
services. These collections will allow for ongoing, collaborative and 
actionable communications between the SEC and its customers and 
stakeholders. It will also allow feedback to contribute directly to the 
improvement of program management.
    Feedback collected under this generic clearance will provide useful 
information, but it will not yield data that can be generalized to the 
overall population. This type of generic clearance for qualitative 
information will not be used for quantitative information collections 
that are designed to yield reliably actionable results, such as 
monitoring trends over time or documenting program performance. 
Depending on the degree of influence the results are likely to have, 
such collections may still be eligible for submission for other generic 
mechanisms that are designed to yield quantitative results.
    Below is the projected average estimates for the next three years:
    Expected Annual Number of activities: [10].
    Respondents: [20,000].
    Annual responses: [20,000].
    Frequency of Response: Once per request.
    Average minutes per response: [10].
    Burden hours: [3,500].
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the Commission, including whether the information 
shall have practical utility; (b) the accuracy of the Commission's 
estimates of the burden of the proposed collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be 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. 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 OMB control number.
    The public may view the 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 Candace 
Kenner, 100 F Street NE, Washington, DC 20549 or send an email to: 
[email protected]. Comments must be submitted to OMB within 30 days 
of this notice.

    Dated: August 21, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-18365 Filed 8-23-18; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 83, No. 165 / Friday, August 24, 2018 / Notices 42961

obsolete references or did not include proposed rule change has become Commission, and all written
all of the Affiliate SROs. effective pursuant to Section 19(b)(3)(A) communications relating to the
The Exchange notes that the proposed of the Act and Rule 19b–4(f)(6)(iii) proposed rule change between the
change would be consistent with thereunder. Commission and any person, other than
changes made to the independence A proposed rule change filed under those that may be withheld from the
policy of the board of directors of ICE, Rule 19b–4(f)(6) 20 normally does not public in accordance with the
and believes that making the become operative prior to 30 days after provisions of 5 U.S.C. 552, will be
Independence Policy more consistent the date of the filing. However, pursuant available for website viewing and
with the ICE policy would add clarity to Rule 19b4(f)(6)(iii),21 the Commission printing in the Commission’s Public
and transparency to the Exchange Rules, may designate a shorter time if such Reference Room, 100 F Street NE,
allowing persons subject to the action is consistent with the protection Washington, DC 20549, on official
Exchange’s jurisdiction, regulators, and of investors and the public interest. business days between the hours of
investors to more easily navigate and At any time within 60 days of the 10:00 a.m. and 3:00 p.m. Copies of the
understand the Exchange Rules, filing of such proposed rule change, the filing also will be available for
contributing to the orderly operation of Commission summarily may inspection and copying at the principal
the Exchange. The Exchange further temporarily suspend such rule change if office of the Exchange. All comments
believes that the proposed changes it appears to the Commission that such received will be posted without change.
would not be inconsistent with the action is necessary or appropriate in the Persons submitting comments are
public interest and the protection of public interest, for the protection of cautioned that we do not redact or edit
investors because investors will not be investors, or otherwise in furtherance of personal identifying information from
harmed and in fact would benefit from the purposes of the Act. If the comment submissions. You should
increased clarity, thereby reducing Commission takes such action, the submit only information that you wish
potential confusion. Commission shall institute proceedings to make available publicly. All
under Section 19(b)(2)(B) 22 of the Act to submissions should refer to File
B. Self-Regulatory Organization’s Number SR–NYSEAMER–2018–42 and
determine whether the proposed rule
Statement on Burden on Competition should be submitted on or before
change should be approved or
The Exchange does not believe that disapproved. September 14, 2018.
the proposed rule change will impose For the Commission, by the Division of
any burden on competition that is not IV. Solicitation of Comments
Trading and Markets, pursuant to delegated
necessary or appropriate in furtherance Interested persons are invited to authority.23
of the purposes of the Exchange Act. submit written data, views, and Eduardo A. Aleman,
The proposed rule change is not arguments concerning the foregoing, Assistant Secretary.
intended to address competitive issues including whether the proposed rule [FR Doc. 2018–18293 Filed 8–23–18; 8:45 am]
but rather is concerned solely with change is consistent with the Act. BILLING CODE 8011–01–P
updating the Independence Policy to (a) Comments may be submitted by any of
streamline references to ICE subsidiaries the following methods:
that are national securities exchanges, SECURITIES AND EXCHANGE
Electronic Comments
(b) remove obsolete references, and (c) COMMISSION
add references to NYSE National and • Use the Commission’s internet
CHX. comment form (http://www.sec.gov/ Submission for OMB Review;
rules/sro.shtml); or Comment Request
C. Self-Regulatory Organization’s • Send an email to rule-comments@
Statement on Comments on the sec.gov. Please include File Number SR– Upon Written Request Copies Available
Proposed Rule Change Received From NYSEAMER–2018–42 on the subject From: U.S. Securities and Exchange
Members, Participants, or Others line. Commission, Office of FOIA Services,
No written comments were solicited 100 F Street NE, Washington, DC
Paper Comments 20549–2736
or received with respect to the proposed
rule change. • Send paper comments in triplicate Extension for Generic ICR:
to Secretary, Securities and Exchange Generic Clearance for the Collection of
III. Date of Effectiveness of the Commission, 100 F Street NE, Qualitative Feedback on Agency Service
Proposed Rule Change and Timing for Washington, DC 20549–1090. Delivery, SEC File No. 270–789, OMB
Commission Action All submissions should refer to File Control No. 3235–0731
The Exchange has filed the proposed Number SR–NYSEAMER–2018–42. This Notice is hereby given that, pursuant
rule change pursuant to Section file number should be included on the to the Paperwork Reduction Act of 1995
19(b)(3)(A)(iii) of the Act 18 and Rule subject line if email is used. To help the (44 U.S.C. 3501 et seq.), the Securities
19b–4(f)(6) thereunder.19 Because the Commission process and review your and Exchange Commission
proposed rule change does not: (i) comments more efficiently, please use (‘‘Commission’’) is soliciting comments
Significantly affect the protection of only one method. The Commission will on the collection of information
investors or the public interest; (ii) post all comments on the Commission’s summarized below. The Commission
impose any significant burden on internet website (http://www.sec.gov/ plans to submit this existing collection
competition; and (iii) become operative rules/sro.shtml). Copies of the of information to the Office of
prior to 30 days from the date on which submission, all subsequent Management and Budget for extension
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it was filed, or such shorter time as the amendments, all written statements and approval.
Commission may designate, if with respect to the proposed rule The information collection activity
consistent with the protection of change that are filed with the will garner qualitative customer and
investors and the public interest, the stakeholder feedback in an efficient,
20 17 CFR 240.19b–4(f)(6). timely manner, in accordance with the
18 15 U.S.C. 78s(b)(3)(A)(iii). 21 17 CFR 240.19b–4(f)(6)(iii).
19 17 CFR 240.19b–4(f)(6). 22 15 U.S.C. 78s(b)(2)(B). 23 17 CFR 200.30–3(a)(12).

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42962 Federal Register / Vol. 83, No. 165 / Friday, August 24, 2018 / Notices

Administration’s commitment to displays a currently valid OMB control protect shareholders, a closed-end fund
improving service delivery. By number. that relies on rule 23c–3 must send
qualitative feedback we mean The public may view the background shareholders a notification that contains
information that provides useful documentation for this information specified information each time the
insights on perceptions and opinions, collection at the following website, fund makes a repurchase offer (on a
but are not statistical surveys that yield www.reginfo.gov. Comments should be quarterly, semi-annual, or annual basis,
quantitative results that can be directed to: (i) Desk Officer for the or, for certain funds, on a discretionary
generalized to the population of study. Securities and Exchange Commission, basis not more often than every two
This feedback will provide insights into Office of Information and Regulatory years). The fund also must file copies of
customer or stakeholder perceptions, Affairs, Office of Management and the shareholder notification with the
experiences and expectations, provide Budget, Room 10102, New Executive Commission (electronically through the
an early warning of issues with service, Office Building, Washington, DC 20503, Commission’s Electronic Data
or focus attention on areas where or by sending an email to: Shagufta_ Gathering, Analysis, and Retrieval
communication, training or changes in Ahmed@omb.eop.gov; and (ii) Pamela System (‘‘EDGAR’’)) on Form N–23c–3,
operations might improve delivery of Dyson, Director/Chief Information a filing that provides certain
products or services. These collections Officer, Securities and Exchange information about the fund and the type
will allow for ongoing, collaborative and Commission, c/o Candace Kenner, 100 F of offer the fund is making.1 The fund
actionable communications between the Street NE, Washington, DC 20549 or must describe in its annual report to
SEC and its customers and stakeholders. send an email to: PRA_Mailbox@ shareholders the fund’s policy
It will also allow feedback to contribute sec.gov. Comments must be submitted to concerning repurchase offers and the
directly to the improvement of program OMB within 30 days of this notice. results of any repurchase offers made
management. Dated: August 21, 2018.
during the reporting period. The fund’s
Feedback collected under this generic board of directors must adopt written
Eduardo A. Aleman,
clearance will provide useful procedures designed to ensure that the
Assistant Secretary. fund’s investment portfolio is
information, but it will not yield data
[FR Doc. 2018–18365 Filed 8–23–18; 8:45 am] sufficiently liquid to meet its repurchase
that can be generalized to the overall
population. This type of generic BILLING CODE 8011–01–P obligations and other obligations under
clearance for qualitative information the rule. The board periodically must
will not be used for quantitative review the composition of the fund’s
SECURITIES AND EXCHANGE portfolio and change the liquidity
information collections that are COMMISSION
designed to yield reliably actionable procedures as necessary. The fund also
results, such as monitoring trends over must file copies of advertisements and
Proposed Collection; Comment other sales literature with the
time or documenting program Request
performance. Depending on the degree Commission as if it were an open-end
of influence the results are likely to Upon Written Request, Copies Available investment company subject to Section
have, such collections may still be From: Securities and Exchange 24 of the Investment Company Act (15
eligible for submission for other generic Commission, Office of FOIA Services, U.S.C. 80a–24) and the rules that
mechanisms that are designed to yield 100 F Street NE, Washington, DC implement Section 24. Rule 24b–3
quantitative results. 20549–2736 under the Investment Company Act (17
Below is the projected average CFR 270.24b–3), however, exempts the
Extension:
fund from that requirement if the
estimates for the next three years: Rule 23c–3 and Form N–23c–3, SEC File No.
270–373, OMB Control No. 3235–0422 materials are filed instead with the
Expected Annual Number of
Financial Industry Regulatory Authority
activities: [10]. Notice is hereby given that, pursuant (‘‘FINRA’’).
Respondents: [20,000]. to the Paperwork Reduction Act of 1995 The requirement that the fund send a
Annual responses: [20,000]. (44 U.S.C. 3501 et seq.), the Securities notification to shareholders of each offer
Frequency of Response: Once per and Exchange Commission (the is intended to ensure that a fund
request. ‘‘Commission’’) is soliciting comments provides material information to
Average minutes per response: [10]. on the collection of information shareholders about the terms of each
Burden hours: [3,500]. summarized below. The Commission offer. The requirement that copies be
Written comments are invited on: (a) plans to submit this existing collection sent to the Commission is intended to
Whether the proposed collection of of information to the Office of enable the Commission to monitor the
information is necessary for the proper Management and Budget (‘‘OMB’’) for fund’s compliance with the notification
performance of the functions of the extension and approval. requirement. The requirement that the
Commission, including whether the Rule 23c–3 (17 CFR 270.23c–3) under shareholder notification be attached to
information shall have practical utility; the Investment Company Act of 1940 Form N–23c–3 is intended to ensure
(b) the accuracy of the Commission’s (15 U.S.C. 80a–1 et seq.) permits a that the fund provides basic information
estimates of the burden of the proposed registered closed-end investment necessary for the Commission to process
collection of information; (c) ways to company (‘‘closed-end fund’’ or ‘‘fund’’) the notification and to monitor the
enhance the quality, utility, and clarity that meets certain requirements to fund’s use of repurchase offers. The
of the information to be collected; and repurchase common stock of which it is requirement that the fund describe its
(d) ways to minimize the burden of the the issuer from shareholders at periodic current policy on repurchase offers and
daltland on DSKBBV9HB2PROD with NOTICES

collection of information on intervals, pursuant to repurchase offers the results of recent offers in the annual
respondents, including through the use made to all holders of the stock. The
of automated collection techniques or rule enables these funds to offer their 1 Form N–23c–3, entitled ‘‘Notification of

other forms of information technology. shareholders a limited ability to resell Repurchase Offer Pursuant to Rule 23c–3,’’ requires
the fund to state its registration number, its full
An agency may not conduct or sponsor, their shares in a manner that previously name and address, the date of the accompanying
and a person is not required to respond was available only to open-end shareholder notification, and the type of offer being
to, a collection of information unless it investment company shareholders. To made (periodic, discretionary, or both).

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Document Created: 2018-08-24 04:14:45
Document Modified: 2018-08-24 04:14:45

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 42961