83 FR 58167 - Regulatory Flexibility Agenda
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 83, Issue 222 (November 16, 2018)
Federal Register Volume 83, Issue 222 (November 16, 2018)
| Page Range | 58167-58172 | |
| FR Document | 2018-23929 |
[Federal Register Volume 83, Number 222 (Friday, November 16, 2018)] [Unknown Section] [Pages 58167-58172] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-23929] [[Page 58167]] Vol. 83 Friday, No. 222 November 16, 2018 Part XXVIII Securities and Exchange Commission ----------------------------------------------------------------------- Semiannual Regulatory Agenda Federal Register / Vol. 83 , No. 222 / Friday, November 16, 2018 / Unified Agenda [[Page 58168]] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION 17 CFR Ch. II [Release Nos. 33-10527, 34-83787, IA-4978, IC-33194, File No. S7-20-18] Regulatory Flexibility Agenda AGENCY: Securities and Exchange Commission. ACTION: Semiannual regulatory agenda. ----------------------------------------------------------------------- SUMMARY: The Securities and Exchange Commission is publishing the Chairman's agenda of rulemaking actions pursuant to the Regulatory Flexibility Act (RFA) (Pub. L. 96-354, 94 Stat. 1164) (Sep. 19, 1980). The items listed in the Regulatory Flexibility Agenda for fall 2018 reflect only the priorities of the Chairman of the U.S. Securities and Exchange Commission, and do not necessarily reflect the view and priorities of any individual Commissioner. Information in the agenda was accurate on August 3, 2018, the date on which the Commission's staff completed compilation of the data. To the extent possible, rulemaking actions by the Commission since that date have been reflected in the agenda. The Commission invites questions and public comment on the agenda and on the individual agenda entries. The Commission is now printing in the Federal Register, along with our preamble, only those agenda entries for which we have indicated that preparation of an RFA analysis is required. The Commission's complete RFA agenda will be available online at www.reginfo.gov. DATES: Comments should be received on or before December 17, 2018. ADDRESSES: Comments may be submitted by any of the following methods: Electronic CommentsUse the Commission's internet comment form (http://www.sec.gov/rules/other.shtml); or Send an email to [email protected]. Please include File Number S7-20-18 on the subject line. Paper Comments Send paper comments to Brent J. Fields, Secretary, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090. All submissions should refer to File No. S7-20-18. This file number should be included on the subject line if email is used. To help us process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission's internet website (http://www.sec.gov/rules/other.shtml). Comments are also available for website viewing and printing in the Commission's Public Reference Room, 100 F Street NE, Washington, DC 20549, on official business days between the hours of 10:00 a.m. and 3:00 p.m. All comments received will be posted without change. Persons submitting comments are cautioned that we do not redact or edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. FOR FURTHER INFORMATION CONTACT: Mykaila DeLesDernier, Office of the General Counsel, 202-551-5129. SUPPLEMENTARY INFORMATION: The RFA requires each Federal agency, twice each year, to publish in the Federal Register an agenda identifying rules that the agency expects to consider in the next 12 months that are likely to have a significant economic impact on a substantial number of small entities (5 U.S.C. 602(a)). The RFA specifically provides that publication of the agenda does not preclude an agency from considering or acting on any matter not included in the agenda and that an agency is not required to consider or act on any matter that is included in the agenda (5 U.S.C. 602(d)). The Commission may consider or act on any matter earlier or later than the estimated date provided on the agenda. While the agenda reflects the current intent to complete a number of rulemakings in the next year, the precise dates for each rulemaking at this point are uncertain. Actions that do not have an estimated date are placed in the long-term category; the Commission may nevertheless act on items in that category within the next 12 months. The agenda includes new entries, entries carried over from prior publications, and rulemaking actions that have been completed (or withdrawn) since publication of the last agenda. The following abbreviations for the acts administered by the Commission are used in the agenda: ``Securities Act''--Securities Act of 1933 ``Exchange Act''--Securities Exchange Act of 1934 ``Investment Company Act''--Investment Company Act of 1940 ``Investment Advisers Act''--Investment Advisers Act of 1940 ``Dodd Frank Act''--Dodd-Frank Wall Street Reform and Consumer Protection Act ``JOBS Act''--Jumpstart Our Business Startups Act ``FAST Act''--Fixing America's Surface Transportation Act The Commission invites public comment on the agenda and on the individual agenda entries. By the Commission. Dated: August 7, 2018. Brent J. Fields, Secretary. Division of Corporation Finance--Final Rule Stage ------------------------------------------------------------------------ Regulation Sequence No. Title Identifier No. ------------------------------------------------------------------------ 512....................... Disclosure of Hedging by 3235-AL49 Employees, Officers and Directors. 513....................... Modernization of Property 3235-AL81 Disclosures for Mining Registrants. 514....................... Disclosure Update and 3235-AL82 Simplification. ------------------------------------------------------------------------ Division of Corporation Finance--Long-Term Actions ------------------------------------------------------------------------ Regulation Sequence No. Title Identifier No. ------------------------------------------------------------------------ 515....................... Listing Standards for 3235-AK99 Recovery of Erroneously Awarded Compensation. 516....................... Pay Versus Performance.... 3235-AL00 517....................... Universal Proxy........... 3235-AL84 518....................... Form 10-K Summary......... 3235-AL89 ------------------------------------------------------------------------ [[Page 58169]] Division of Corporation Finance--Completed Actions ------------------------------------------------------------------------ Regulation Sequence No. Title Identifier No. ------------------------------------------------------------------------ 519....................... Amendments to Interactive 3235-AL59 Data (XBRL) Program. 520....................... Amendments to Smaller 3235-AL90 Reporting Company Definition. ------------------------------------------------------------------------ Division of Investment Management--Proposed Rule Stage ------------------------------------------------------------------------ Regulation Sequence No. Title Identifier No. ------------------------------------------------------------------------ 521....................... Use of Derivatives by 3235-AL60 Registered Investment Companies and Business Development Companies. ------------------------------------------------------------------------ Division of Investment Management--Long-Term Actions ------------------------------------------------------------------------ Regulation Sequence No. Title Identifier No. ------------------------------------------------------------------------ 522....................... Reporting of Proxy Votes 3235-AK67 on Executive Compensation and Other Matters. ------------------------------------------------------------------------ Division of Investment Management--Completed Actions ------------------------------------------------------------------------ Regulation Sequence No. Title Identifier No. ------------------------------------------------------------------------ 523....................... Investment Company 3235-AL42 Reporting Modernization; Option for Website Transmission of Shareholder Reports. 524....................... Investment Company 3235-AM30 Liquidity Disclosure. ------------------------------------------------------------------------ Division of Trading and Markets--Long-Term Actions ------------------------------------------------------------------------ Regulation Sequence No. Title Identifier No. ------------------------------------------------------------------------ 525....................... Removal of Certain 3235-AL14 References to Credit Ratings Under the Securities Exchange Act of 1934. ------------------------------------------------------------------------ SECURITIES AND EXCHANGE COMMISSION (SEC) Division of Corporation Finance Final Rule Stage 512. Disclosure of Hedging by Employees, Officers and Directors E.O. 13771 Designation: Independent agency. Legal Authority: Pub. L. 111-203 Abstract: The Commission proposed rules to implement section 955 of the Dodd-Frank Act, which added section 14(j) to the Exchange Act to require annual meeting proxy statement disclosure of whether employees or members of the board of directors are permitted to engage in transactions to hedge or offset any decrease in the market value of equity securities granted to the employee or board member as compensation, or held directly or indirectly by the employee or board member. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ NPRM................................ 02/17/15 80 FR 8486 NPRM Comment Period End............. 04/20/15 ....................... Final Action........................ 04/00/19 ....................... ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: Carolyn Sherman, Division of Corporation Finance, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone: 202 551-3500, Email: [email protected]. RIN: 3235-AL49 513. Modernization of Property Disclosures for Mining Registrants E.O. 13771 Designation: Independent agency. Legal Authority: 15 U.S.C. 77c(b); 15 U.S.C. 77g; 15 U.S.C. 77j; 15 U.S.C. 78c(b); 15 U.S.C. 78l; 15 U.S.C. 78m; 15 U.S.C. 78o(d) Abstract: The Commission proposed rules to modernize and clarify the disclosure requirements for companies engaged in mining operations. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ NPRM................................ 06/27/16 81 FR 41652 NPRM Comment Period End............. 08/26/16 ....................... NPRM Comment Period Extended........ 08/26/16 81 FR 58877 NPRM Comment Period Extended End.... 09/26/16 ....................... Final Action........................ 10/00/18 ....................... ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: Elliot Staffin, Division of Corporation Finance, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone: 202 551-3450, Email: [email protected]. RIN: 3235-AL81 514. Disclosure Update and Simplification E.O. 13771 Designation: Independent agency. Legal Authority: 15 U.S.C. 77a et seq.; 15 U.S.C. 78a et seq.; 15 U.S.C. 80a-1 et seq.; Pub. L. 114-94 Abstract: The Commission proposed rules to update certain disclosure [[Page 58170]] requirements in Regulations S-X and S-K that may have become redundant, duplicative, overlapping, outdated or superseded in light of other Commission disclosure requirements, U.S. Generally Accepted Accounting Principles, International Financial Reporting Standards, or changes in the information environment. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ NPRM................................ 08/04/16 81 FR 51607 NPRM Comment Period Extended........ 09/29/16 81 FR 66898 NPRM Comment Period End............. 10/03/16 ....................... NPRM Comment Period Extended End.... 11/02/16 ....................... Final Action........................ 10/00/18 ....................... ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: Lindsay McCord, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone: 202 551-3255, Email: [email protected]. RIN: 3235-AL82 SECURITIES AND EXCHANGE COMMISSION (SEC) Division of Corporation Finance Long-Term Actions 515. Listing Standards for Recovery of Erroneously Awarded Compensation E.O. 13771 Designation: Independent agency. Legal Authority: Pub. L. 111-203, sec. 954; 15 U.S.C. 78j-4 Abstract: The Commission proposed rules to implement section 954 of the Dodd-Frank Act, which requires the Commission to adopt rules to direct national securities exchanges to prohibit the listing of securities of issuers that have not developed and implemented a policy providing for disclosure of the issuer's policy on incentive-based compensation and mandating the clawback of such compensation in certain circumstances. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ NPRM................................ 07/14/15 80 FR 41144 NPRM Comment Period End............. 09/14/15 ....................... Next Action Undetermined............ ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: Anne M. Krauskopf, Division of Corporation Finance, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone: 202 551-3500. RIN: 3235-AK99 516. Pay Versus Performance E.O. 13771 Designation: Independent agency. Legal Authority: Pub. L. 111-203, sec. 953(a); 15 U.S.C. 78c(b); 15 U.S.C. 78n; 15 U.S.C. 78w(a); 15 U.S.C. 78mm Abstract: The Commission proposed rules to implement section 953(a) of the Dodd-Frank Act, which added section 14(i) to the Exchange Act to require issuers to disclose information that shows the relationship between executive compensation actually paid and the financial performance of the issuer. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ NPRM................................ 05/07/15 80 FR 26329 NPRM Comment Period End............. 07/06/15 ....................... Next Action Undetermined............ ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: Steven G. Hearne, Division of Corporation Finance, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone: 202 551-3430, Email: [email protected]. RIN: 3235-AL00 517. Universal Proxy E.O. 13771 Designation: Independent agency. Legal Authority: 15 U.S.C. 78n; 15 U.S.C. 78w(a) Abstract: The Commission proposed to amend the proxy rules to expand shareholders' ability to vote by proxy to select among duly- nominated candidates in a contested election of directors. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ NPRM................................ 11/10/16 81 FR 79122 NPRM Comment Period End............. 01/09/17 ....................... Next Action Undetermined............ ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: Steven G. Hearne, Division of Corporation Finance, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone: 202 551-3430, Email: [email protected]. RIN: 3235-AL84 518. Form 10-K Summary E.O. 13771 Designation: Independent agency. Legal Authority: Pub. L. 114-94; 15 U.S.C. 78c; 15 U.S.C. 78l; 15 U.S.C. 78m; 15 U.S.C. 78o; 15 U.S.C. 78w Abstract: The Commission adopted an interim final amendment to implement Section 72001 of the FAST Act by permitting an issuer to include a summary in its Form 10-K and also requested comment on the interim final amendment. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ Interim Final Rule.................. 06/09/16 81 FR 37132 Interim Final Rule Effective........ 06/09/16 ....................... Interim Final Rule Comment Period 07/11/16 ....................... End. Next Action Undetermined............ ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: Sean Harrison, Division of Corporation Finance, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone: 202 551-3430, Fax: 202 772-9207, Email: [email protected]. RIN: 3235-AL89 SECURITIES AND EXCHANGE COMMISSION (SEC) Division of Corporation Finance Completed Actions 519. Amendments to Interactive Data (XBRL) Program E.O. 13771 Designation: Independent agency. Legal Authority: 15 U.S.C. 77g; 15 U.S.C. 78w(a); 15 U.S.C. 80a-37 Abstract: The Commission adopted amendments to the XBRL rules to provide for companies to use Inline XBRL to file a single combined document. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ NPRM................................ 03/17/17 82 FR 14282 NPRM Comment Period End............. 05/16/17 ....................... Final Action........................ 08/16/18 83 FR 40846 Final Action Effective.............. 09/17/18 ....................... ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: Mark W. Green, Division of Corporation Finance, [[Page 58171]] Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549-0301, Phone: 202 551-3430, Fax: 202 772-9207. RIN: 3235-AL59 520. Amendments to Smaller Reporting Company Definition E.O. 13771 Designation: Independent agency. Legal Authority: 15 U.S.C. 77f to77h; 15 U.S.C. 77j; 15 U.S.C. 77s; 15 U.S.C. 77z-2 and 77z-3; 15 U.S.C. 77aa(25) and 77aa(26); 15 U.S.C. 77nn(25) and 77nn(26); 15 U.S.C. 78c; 15 U.S.C. 78j-1; 15 U.S.C. 78l to 78o(d); 15 U.S.C. 78q; 15 U.S.C. 78u-5; 15 U.S.C. 78w; 15 U.S.C. 78ll; 15 U.S.C. 78mm; 15 U.S.C. 80a-8; 15 U.S.C. 80a-20; 15 U.S.C. 80a-29 to 80a-31; 15 U.S.C. 80a-37(a); 15 U.S.C. 80-b3 and 80b-11; 15 U.S.C. 7202 and 7262; sec. 102(c), Pub. L. 112-106, 126 Stat. 310 (2012), unless otherwise noted Abstract: The Commission proposed revisions to the ``smaller reporting company'' definitions and related provisions. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ NPRM................................ 07/01/16 81 FR 43130 NPRM Comment Period End............. 08/30/16 ....................... Final Action........................ 07/10/18 83 FR 31992 Final Action Effective.............. 09/10/18 ....................... ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: Amy Reischauer, Securities and Exchange Commission, 110 F Street NE, Washington, DC 20549, Phone: 202 551-3460, Email: [email protected]. RIN: 3235-AL90 SECURITIES AND EXCHANGE COMMISSION (SEC) Division of Investment Management Proposed Rule Stage 521. Use of Derivatives by Registered Investment Companies and Business Development Companies E.O. 13771 Designation: Independent agency. Legal Authority: 15 U.S.C. 80a-6(c); 15 U.S.C. 80a-31(a); 15 U.S.C. 80a-12(a); 15 U.S.C. 80a-38(a); 15 U.S.C. 80a-8; 15 U.S.C. 80a-30; 15 U.S.C. 80a-38 Abstract: The Division is considering recommending that the Commission re-propose a new rule designed to enhance the regulation of the use of derivatives by registered investment companies, including mutual funds, exchange-traded funds, closed-end funds and business development companies. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ NPRM................................ 12/28/15 80 FR 80884 NPRM Comment Period End............. 03/28/16 ....................... NPRM................................ 09/00/19 ....................... ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: Brian Johnson, Division of Investment Management, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone: 202 551-6740, Email: [email protected]. RIN: 3235-AL60 SECURITIES AND EXCHANGE COMMISSION (SEC) Division of Investment Management Long-Term Actions 522. Reporting of Proxy Votes on Executive Compensation and Other Matters E.O. 13771 Designation: Independent agency. Legal Authority: 15 U.S.C. 78m; 15 U.S.C. 78w(a); 15 U.S.C. 78mm; 15 U.S.C. 78x; 15 U.S.C. 80a-8; 15 U.S.C. 80a-29; 15 U.S.C. 80a-30; 15 U.S.C. 80a-37; 15 U.S.C. 80a-44; Pub. L. 111-203, sec 951 Abstract: The Division is considering recommending that the Commission re-propose rule amendments to implement section 951 of the Dodd-Frank Act. The Commission previously proposed amendments to rules and Form N-PX that would require institutional investment managers subject to section 13(f) of the Exchange Act to report how they voted on any shareholder vote on executive compensation or golden parachutes pursuant to sections 14A(a) and (b) of the Exchange Act. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ NPRM................................ 10/28/10 75 FR 66622 NPRM Comment Period End............. 11/18/10 ....................... Next Action Undetermined............ ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: Matthew DeLesDernier, Division of Investment Management, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone: 202 551-6792, Email: [email protected]. RIN: 3235-AK67 SECURITIES AND EXCHANGE COMMISSION (SEC) Division of Investment Management Completed Actions 523. Investment Company Reporting Modernization; Option for Website Transmission of Shareholder Reports E.O. 13771 Designation: Independent agency. Legal Authority: 15 U.S.C. 77 et seq.; 15 U.S.C. 77aaa et seq.; 15 U.S.C. 78a et seq.; 15 U.S.C. 80a et seq.; 44 U.S.C. 3506; 44 U.S.C. 3507 Abstract: The Commission adopted new rule 30e-3, which would permit but not require registered investment companies to transmit periodic reports to their shareholders by making the reports accessible on a website and satisfying certain other conditions. The Commission previously adopted new rules and forms as well as amendments to its rules and forms to modernize the reporting and disclosure of information by registered investment companies. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ NPRM................................ 06/12/15 80 FR 33590 NPRM Comment Period End............. 08/11/15 ....................... NPRM Comment Period Reopened........ 10/12/15 80 FR 62274 NPRM Comment Period Reopened End.... 01/13/16 ....................... Final Action........................ 11/18/16 81 FR 81870 Final Action Effective.............. 01/17/17 ....................... Final Action........................ 06/22/18 83 FR 29158 Final Action Effective.............. 01/01/19 ....................... ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: Brian Johnson, Division of Investment Management, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone: 202 551-6740, Email: [email protected]. RIN: 3235-AL42 524. Investment Company Liquidity Disclosure E.O. 13771 Designation: Independent agency. Legal Authority: 15 U.S.C. 77a et seq.; 15 U.S.C. 78a et seq.; 15 U.S.C. 80a et seq. Abstract: The Commission adopted amendments to its forms designed to [[Page 58172]] improve the reporting and disclosure of liquidity information by registered investment companies. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ NPRM................................ 03/19/18 83 FR 11905 NPRM Comment Period End............. 05/18/18 ....................... Final Action........................ 07/10/18 83 FR 31859 Final Action Effective.............. 09/10/18 ....................... ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: Thoreau Adrian Bartmann, Division of Investment Management, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone: 202 551-6745, Email: [email protected]. RIN: 3235-AM30 SECURITIES AND EXCHANGE COMMISSION (SEC) Division of Trading and Markets Long-Term Actions 525. Removal of Certain References to Credit Ratings Under the Securities Exchange Act of 1934 E.O. 13771 Designation: Independent agency. Legal Authority: Pub. L. 111-203, sec. 939A Abstract: Section 939A of the Dodd-Frank Act requires the Commission to remove certain references to credit ratings from its regulations and to substitute such standards of creditworthiness as the Commission determines to be appropriate. The Commission amended certain rules and one form under the Exchange Act applicable to broker-dealer financial responsibility, and confirmation of transactions. The Commission has not yet finalized amendments to certain rules regarding the distribution of securities. Timetable: ------------------------------------------------------------------------ Action Date FR Cite ------------------------------------------------------------------------ NPRM................................ 05/06/11 76 FR 26550 NPRM Comment Period End............. 07/05/11 ....................... Final Action........................ 01/08/14 79 FR 1522 Final Action Effective.............. 07/07/14 ....................... Next Action Undetermined............ ------------------------------------------------------------------------ Regulatory Flexibility Analysis Required: Yes. Agency Contact: John Guidroz, Division of Trading and Markets, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone: 202 551-6439, Email: [email protected]. RIN: 3235-AL14 [FR Doc. 2018-23929 Filed 11-15-18; 8:45 am] BILLING CODE 8011-01-P
![58168 Federal Register / Vol. 83, No. 222 / Friday, November 16, 2018 / Unified Agenda
SECURITIES AND EXCHANGE Electronic Comments considering or acting on any matter not
COMMISSION • Use the Commission’s internet included in the agenda and that an
comment form (http://www.sec.gov/ agency is not required to consider or act
17 CFR Ch. II rules/other.shtml); or on any matter that is included in the
[Release Nos. 33–10527, 34–83787, IA–4978, • Send an email to rule-comments@ agenda (5 U.S.C. 602(d)). The
IC–33194, File No. S7–20–18] sec.gov. Please include File Number S7– Commission may consider or act on any
20–18 on the subject line. matter earlier or later than the estimated
Regulatory Flexibility Agenda date provided on the agenda. While the
Paper Comments agenda reflects the current intent to
AGENCY: Securities and Exchange
Send paper comments to Brent J. complete a number of rulemakings in
Commission.
Fields, Secretary, Securities and the next year, the precise dates for each
ACTION: Semiannual regulatory agenda.
Exchange Commission, 100 F Street NE, rulemaking at this point are uncertain.
SUMMARY: The Securities and Exchange Washington, DC 20549–1090. Actions that do not have an estimated
Commission is publishing the All submissions should refer to File No. date are placed in the long-term
Chairman’s agenda of rulemaking S7–20–18. This file number should be category; the Commission may
actions pursuant to the Regulatory included on the subject line if email is nevertheless act on items in that
Flexibility Act (RFA) (Pub. L. 96–354, used. To help us process and review category within the next 12 months. The
94 Stat. 1164) (Sep. 19, 1980). The items your comments more efficiently, please agenda includes new entries, entries
listed in the Regulatory Flexibility use only one method. The Commission carried over from prior publications,
Agenda for fall 2018 reflect only the will post all comments on the and rulemaking actions that have been
priorities of the Chairman of the U.S. Commission’s internet website (http:// completed (or withdrawn) since
Securities and Exchange Commission, www.sec.gov/rules/other.shtml). publication of the last agenda.
and do not necessarily reflect the view Comments are also available for website The following abbreviations for the
and priorities of any individual viewing and printing in the acts administered by the Commission
Commissioner. Commission’s Public Reference Room, are used in the agenda:
Information in the agenda was 100 F Street NE, Washington, DC 20549,
accurate on August 3, 2018, the date on on official business days between the ‘‘Securities Act’’—Securities Act of 1933
which the Commission’s staff completed hours of 10:00 a.m. and 3:00 p.m. All ‘‘Exchange Act’’—Securities Exchange
compilation of the data. To the extent comments received will be posted Act of 1934
possible, rulemaking actions by the without change. Persons submitting ‘‘Investment Company Act’’—
Commission since that date have been comments are cautioned that we do not Investment Company Act of 1940
reflected in the agenda. The redact or edit personal identifying
Commission invites questions and information from submissions. You ‘‘Investment Advisers Act’’—Investment
public comment on the agenda and on should submit only information that Advisers Act of 1940
the individual agenda entries. you wish to make available publicly. ‘‘Dodd Frank Act’’—Dodd-Frank Wall
The Commission is now printing in FOR FURTHER INFORMATION CONTACT: Street Reform and Consumer
the Federal Register, along with our Mykaila DeLesDernier, Office of the Protection Act
preamble, only those agenda entries for General Counsel, 202–551–5129. ‘‘JOBS Act’’—Jumpstart Our Business
which we have indicated that SUPPLEMENTARY INFORMATION: The RFA Startups Act
preparation of an RFA analysis is requires each Federal agency, twice ‘‘FAST Act’’—Fixing America’s Surface
required. each year, to publish in the Federal
The Commission’s complete RFA Transportation Act
Register an agenda identifying rules that The Commission invites public
agenda will be available online at the agency expects to consider in the
www.reginfo.gov. comment on the agenda and on the
next 12 months that are likely to have individual agenda entries.
DATES: Comments should be received on a significant economic impact on a
or before December 17, 2018. substantial number of small entities (5 By the Commission.
ADDRESSES: Comments may be U.S.C. 602(a)). The RFA specifically Dated: August 7, 2018.
submitted by any of the following provides that publication of the agenda Brent J. Fields,
methods: does not preclude an agency from Secretary.
DIVISION OF CORPORATION FINANCE—FINAL RULE STAGE
Regulation
Sequence No. Title Identifier No.
512 .................... Disclosure of Hedging by Employees, Officers and Directors ........................................................................ 3235–AL49
513 .................... Modernization of Property Disclosures for Mining Registrants ....................................................................... 3235–AL81
514 .................... Disclosure Update and Simplification .............................................................................................................. 3235–AL82
DIVISION OF CORPORATION FINANCE—LONG-TERM ACTIONS
amozie on DSK3GDR082PROD with PROPOSALS 28
Regulation
Sequence No. Title Identifier No.
515 .................... Listing Standards for Recovery of Erroneously Awarded Compensation ....................................................... 3235–AK99
516 .................... Pay Versus Performance ................................................................................................................................. 3235–AL00
517 .................... Universal Proxy ................................................................................................................................................ 3235–AL84
518 .................... Form 10–K Summary ....................................................................................................................................... 3235–AL89
VerDate Sep<11>2014 21:47 Nov 15, 2018 Jkt 247001 PO 00000 Frm 00002 Fmt 4701 Sfmt 4702 E:\FR\FM\16NOP28.SGM 16NOP28](https://thefederalregister.org/doc/83_FR_58389/page/2.svg)
![58172 Federal Register / Vol. 83, No. 222 / Friday, November 16, 2018 / Unified Agenda
improve the reporting and disclosure of SECURITIES AND EXCHANGE rules regarding the distribution of
liquidity information by registered COMMISSION (SEC) securities.
investment companies. Division of Trading and Markets Timetable:
Timetable:
Long-Term Actions Action Date FR Cite
Action Date FR Cite 525. Removal of Certain References to NPRM .................. 05/06/11 76 FR 26550
Credit Ratings Under the Securities NPRM Comment 07/05/11
NPRM .................. 03/19/18 83 FR 11905 Exchange Act of 1934 Period End.
NPRM Comment 05/18/18 Final Action ......... 01/08/14 79 FR 1522
Period End. E.O. 13771 Designation: Independent
Final Action Effec- 07/07/14
Final Action ......... 07/10/18 83 FR 31859 agency.
tive.
Final Action Effec- 09/10/18 Legal Authority: Pub. L. 111–203, sec. Next Action Unde-
tive. 939A termined.
Abstract: Section 939A of the Dodd-
Frank Act requires the Commission to
Regulatory Flexibility Analysis Regulatory Flexibility Analysis
remove certain references to credit
Required: Yes. Required: Yes.
ratings from its regulations and to
substitute such standards of Agency Contact: John Guidroz,
Agency Contact: Thoreau Adrian
creditworthiness as the Commission Division of Trading and Markets,
Bartmann, Division of Investment
determines to be appropriate. The Securities and Exchange Commission,
Management, Securities and Exchange 100 F Street NE, Washington, DC 20549,
Commission, 100 F Street NE, Commission amended certain rules and
one form under the Exchange Act Phone: 202 551–6439, Email: guidrozj@
Washington, DC 20549, Phone: 202 551– sec.gov.
6745, Email: bartmannt@sec.gov. applicable to broker-dealer financial
responsibility, and confirmation of RIN: 3235–AL14
RIN: 3235–AM30 transactions. The Commission has not [FR Doc. 2018–23929 Filed 11–15–18; 8:45 am]
yet finalized amendments to certain BILLING CODE 8011–01–P
amozie on DSK3GDR082PROD with PROPOSALS 28
VerDate Sep<11>2014 21:47 Nov 15, 2018 Jkt 247001 PO 00000 Frm 00006 Fmt 4701 Sfmt 9990 E:\FR\FM\16NOP28.SGM 16NOP28](https://thefederalregister.org/doc/83_FR_58389/page/6.svg)
Document Created: 2018-11-16 07:23:05
Document Modified: 2018-11-16 07:23:05
| 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 | Proposed Rules | |
| Action | Semiannual regulatory agenda. | |
| Dates | Comments should be received on or before December 17, 2018. | |
| Contact | Mykaila DeLesDernier, Office of the General Counsel, 202-551-5129. | |
| FR Citation | 83 FR 58167 |
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR