83_FR_8168 83 FR 8131 - Submission for OMB Review; Comment Request

83 FR 8131 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 37 (February 23, 2018)

Page Range8131-8132
FR Document2018-03739

Federal Register, Volume 83 Issue 37 (Friday, February 23, 2018) 
[Federal Register Volume 83, Number 37 (Friday, February 23, 2018)]
[Notices]
[Pages 8131-8132]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-03739]


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SECURITIES AND EXCHANGE COMMISSION


Submission for OMB Review; 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 2-E under Rule 609; SEC File No. 270-222, OMB Control No. 
3235-0233

    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 (the ``Commission'') has submitted to the Office of 
Management and Budget (``OMB'') a request for extension of the 
previously approved collection of information discussed below.
    Rule 609 (17 CFR 230.609) under the Securities Act of 1933 (15 
U.S.C. 77a et seq.) requires small business investment

[[Page 8132]]

companies and business development companies that have engaged in 
offerings of securities that are exempt from registration pursuant to 
Regulation E under the Securities Act of 1933 (17 CFR 230.601 to 610a) 
to report semi-annually on Form 2-E (17 CFR 239.201) the progress of 
the offering. The form solicits information such as the dates an 
offering commenced and was completed (if completed), the number of 
shares sold and still being offered, amounts received in the offering, 
and expenses and underwriting discounts incurred in the offering. The 
information provided on Form 2-E assists the staff in monitoring the 
progress of the offering and in determining whether the offering has 
stayed within the limits set for an offering exempt under Regulation E.
    There has not been a Form 2-E filing since calendar year 2010, when 
there was one filing of Form 2-E by one respondent. The Commission has 
previously estimated that the total annual burden associated with 
information collection and Form 2-E preparation and submission is four 
hours per filing. Although there have been no filings made under this 
rule since 2010, we are requesting one annual response and an annual 
burden of one hour for administrative purposes. Estimates of average 
burden hours are made solely for the purposes of the Paperwork 
Reduction Act and are not derived from a comprehensive or even 
representative survey or study of the costs of Commission rules and 
forms. The collection of information under rule 609 and Form 2-E is 
mandatory. The information provided under rule 609 and Form 2-E will 
not be kept confidential. 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: 
Shagufta_Ahmed@omb.eop.gov; and (ii) 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: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 
days of this notice.

    Dated: February 20, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-03739 Filed 2-22-18; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 83, No. 37 / Friday, February 23, 2018 / Notices 8131 Monday expirations pursuant to its proposal to list and trade Monday SPY internet website (http://www.sec.gov/ nonstandard expirations pilot program. Expirations.22 The Exchange has stated rules/sro.shtml). Copies of the BZX Options does not believe the that waiver of the operative delay will submission, all subsequent proposed rule change will impose any allow the Exchange to list and trade amendments, all written statements burden on intramarket competition, as Monday SPY Expirations as soon as with respect to the proposed rule all market participants will be treated in possible, and therefore, promote change that are filed with the the same manner as they are with competition among the option Commission, and all written respect to existing Short Term Option exchanges. For these reasons, the communications relating to the Series. BZX Options does not believe Commission believes that the proposed proposed rule change between the the proposed rule change will impose rule change presents no novel issues Commission and any person, other than any burden on intermarket competition, and that waiver of the 30-day operative those that may be withheld from the as Phlx recently received Commission delay is consistent with the protection public in accordance with the approval to list Monday SPY of investors and the public interest, and provisions of 5 U.S.C. 552, will be Expirations.18 BZX Options believes will allow the Exchange to remain available for website viewing and this proposed rule change is necessary competitive with other exchanges. printing in the Commission’s Public to ensure fair competition among the Therefore, the Commission hereby Reference Room, 100 F Street, NE, options exchanges. Additionally, waives the 30-day operative delay and Washington, DC 20549, on official nothing prevents other options designates the proposal operative upon business days between the hours of exchange from proposing similar rules filing.23 10:00 a.m. and 3:00 p.m. Copies of such to list and trade short-term option series At any time within 60 days of the filing will also be available for in SPY with Monday expirations. filing of the proposed rule change, the inspection and copying at the principal Commission summarily may office of the Exchange. All comments (C) Self-Regulatory Organization’s temporarily suspend such rule change if received will be posted without change. Statement on Comments on the it appears to the Commission that such Persons submitting comments are Proposed Rule Change Received From action is necessary or appropriate in the cautioned that we do not redact or edit Members, Participants or Others public interest, for the protection of personal identifying information from The Exchange neither solicited nor investors, or otherwise in furtherance of comment submissions. You should received comments on the proposed the purposes of the Act. If the submit only information that you wish rule change. Commission takes such action, the to make available publicly. All III. Date of Effectiveness of the Commission shall institute proceedings submissions should refer to File No. Proposed Rule Change and Timing for to determine whether the proposed rule SR–CboeBZX–2018–012 and should be Commission Action should be approved or disapproved. submitted on or before March 16, 2018. Because the foregoing proposed rule IV. Solicitation of Comments For the Commission, by the Division of Trading and Markets, pursuant to delegated change does not: (i) Significantly affect Interested persons are invited to authority.24 the protection of investors or the public submit written data, views and Eduardo A. Aleman, interest; (ii) impose any significant arguments concerning the foregoing, burden on competition; and (iii) become Assistant Secretary. including whether the proposal is operative for 30 days from the date on [FR Doc. 2018–03696 Filed 2–22–18; 8:45 am] consistent with the Act. Comments may which it was filed, or such shorter time be submitted by any of the following BILLING CODE 8011–01–P as the Commission may designate, the methods: proposed rule change has become effective pursuant to Section 19(b)(3)(A) Electronic Comments SECURITIES AND EXCHANGE of the Act 19 and Rule 19b–4(f)(6) • Use the Commission’s internet COMMISSION thereunder.20 comment form (http://www.sec.gov/ Submission for OMB Review; A proposed rule change filed under rules/sro.shtml); or Comment Request Rule 19b–4(f)(6) normally does not • Send an email to rule-comments@ become operative for 30 days from the sec.gov. Please include File No. SR– Upon Written Request, Copies Available date of filing. However, Rule 19b– CboeBZX–2018–012 on the subject line. From: Securities and Exchange 4(f)(6)(iii) 21 permits the Commission to Commission, Office of FOIA Services, designate a shorter time if such action Paper Comments 100 F Street NE, Washington, DC is consistent with the protection of • Send paper comments in triplicate 20549–2736 investors and the public interest. The to Secretary, Securities and Exchange Extension: Exchange has asked the Commission to Commission, 100 F Street NE, Form 2–E under Rule 609; SEC File No. waive the 30-day operative delay so that Washington, DC 20549–1090. 270–222, OMB Control No. 3235–0233 the proposal may become operative All submissions should refer to File No. Notice is hereby given that, pursuant immediately upon filing. The SR–CboeBZX–2018–012. This file to the Paperwork Reduction Act of 1995 Commission notes that it recently number should be included on the (44 U.S.C. 3501 et seq.), the Securities approved Phlx’s substantially similar subject line if email is used. To help the and Exchange Commission (the Commission process and review your ‘‘Commission’’) has submitted to the 18 Id. comments more efficiently, please use Office of Management and Budget 19 15 U.S.C. 78s(b)(3)(A). only one method. The Commission will (‘‘OMB’’) a request for extension of the daltland on DSKBBV9HB2PROD with NOTICES 20 17 CFR 240.19b–4(f)(6). In addition, Rule 19b– 4(f)(6) requires a self-regulatory organization to give post all comments on the Commission’s previously approved collection of the Commission written notice of its intention to information discussed below. file the proposed rule change at least five business 22 See supra note 5. Rule 609 (17 CFR 230.609) under the days prior to the date of filing of the proposed rule 23 For purposes only of waiving the 30-day change, or such shorter time as designated by the Securities Act of 1933 (15 U.S.C. 77a et operative delay, the Commission has also Commission. The Exchange has satisfied this considered the proposed rule’s impact on seq.) requires small business investment requirement. efficiency, competition, and capital formation. See 21 17 CFR 240.19b–4(f)(6)(iii). 15 U.S.C. 78c(f). 24 17 CFR 200.30–3(a)(12). VerDate Sep<11>2014 18:52 Feb 22, 2018 Jkt 244001 PO 00000 Frm 00087 Fmt 4703 Sfmt 4703 E:\FR\FM\23FEN1.SGM 23FEN1

8132 Federal Register / Vol. 83, No. 37 / Friday, February 23, 2018 / Notices companies and business development Dated: February 20, 2018. II. Self-Regulatory Organization’s companies that have engaged in Eduardo A. Aleman, Statement of the Purpose of, and offerings of securities that are exempt Assistant Secretary. Statutory Basis for, the Proposed Rule from registration pursuant to Regulation [FR Doc. 2018–03739 Filed 2–22–18; 8:45 am] Change E under the Securities Act of 1933 (17 BILLING CODE 8011–01–P In its filing with the Commission, the CFR 230.601 to 610a) to report semi- self-regulatory organization included annually on Form 2–E (17 CFR 239.201) statements concerning the purpose of, the progress of the offering. The form SECURITIES AND EXCHANGE and basis for, the proposed rule change solicits information such as the dates an COMMISSION and discussed any comments it received offering commenced and was completed on the proposed rule change. The text (if completed), the number of shares [Release No. 34–82737; File No. SR– NYSEAMER–2018–04] of those statements may be examined at sold and still being offered, amounts the places specified in Item IV below. received in the offering, and expenses Self-Regulatory Organizations; NYSE The Exchange has prepared summaries, and underwriting discounts incurred in American LLC; Notice of Filing and set forth in sections A, B, and C below, the offering. The information provided Immediate Effectiveness of Proposed of the most significant parts of such on Form 2–E assists the staff in Rule Change To Amend Its Listing statements. monitoring the progress of the offering Standard for Warrants in Section 105 A. Self-Regulatory Organization’s and in determining whether the offering of the NYSE American Company Guide Statement of the Purpose of, and the has stayed within the limits set for an February 16, 2018. Statutory Basis for, the Proposed Rule offering exempt under Regulation E. Change There has not been a Form 2–E filing Pursuant to Section 19(b)(1) of the since calendar year 2010, when there Securities Exchange Act of 1934 1. Purpose was one filing of Form 2–E by one (‘‘Act’’) 1 and Rule 19b–4 thereunder,2 The Exchange proposes to amend its respondent. The Commission has notice is hereby given that on February listing standard for warrants as set forth previously estimated that the total 6, 2018, NYSE American LLC (‘‘NYSE in Section 105 of the Company Guide to annual burden associated with American’’ or the ‘‘Exchange’’) filed provide that any reduction in the information collection and Form 2–E with the Securities and Exchange exercise price of a listed warrant must preparation and submission is four Commission (‘‘SEC’’ or ‘‘Commission’’) be widely publicized and must continue the proposed rule change as described in effect for at least 20 business days (or hours per filing. Although there have in Items I and II below, which Items such longer period as may be required been no filings made under this rule have been prepared by the Exchange. under the tender offer rules of the since 2010, we are requesting one The Commission is publishing this Securities and Exchange Commission annual response and an annual burden notice to solicit comments on the (‘‘SEC’’ or ‘‘Commission’’)) and of one hour for administrative purposes. proposed rule change from interested otherwise comply with any other Estimates of average burden hours are persons. applicable tender offer regulatory made solely for the purposes of the Paperwork Reduction Act and are not I. Self-Regulatory Organization’s provisions under the federal securities derived from a comprehensive or even Statement of the Terms of Substance of laws, including Section 13(e) of the Act representative survey or study of the the Proposed Rule Change and Rule 13e–4 under the Act. Section 105 currently provides that costs of Commission rules and forms. The Exchange proposes to amend its the issuer of a listed warrant may reduce The collection of information under rule listing standard for warrants as set forth the exercise price of such warrant 609 and Form 2–E is mandatory. The in Section 105 of the NYSE American provided that in doing so it establishes information provided under rule 609 Company Guide (the ‘‘Company Guide’’) a minimum period of ten business days and Form 2–E will not be kept to provide that any reduction in the within which such price reduction will confidential. An agency may not exercise price of a listed warrant must be in effect.6 The Exchange now conduct or sponsor, and a person is not be widely publicized and must continue proposes to amend this provision so that required to respond to, a collection of in effect for at least 20 business days 3 it will be consistent with the tender information unless it displays a (or such longer period as may be offer regulatory provisions applicable currently valid OMB control number. required under the tender offer rules of under the federal securities laws and The public may view the background the Securities and Exchange SEC rules.7 documentation for this information Commission (‘‘SEC’’ or ‘‘Commission’’)) A reduction in the exercise price of collection at the following website, and otherwise comply with any other publicly-traded warrants for a limited www.reginfo.gov. Comments should be applicable tender offer regulatory time period is deemed to be a tender directed to: (i) Desk Officer for the provisions under the federal securities offer by the SEC staff and is therefore Securities and Exchange Commission, laws, including Section 13(e) 4 of the subject to the requirements of the SEC’s Office of Information and Regulatory Act and Rule 13e–4 5 under the Act. The tender offer rules as set forth in Affairs, Office of Management and proposed rule change is available on the Regulation 14E under the Act.8 SEC Budget, Room 10102, New Executive Exchange’s website at www.nyse.com, at Rule 14e–1(a) 9 requires that any tender Office Building, Washington, DC 20503, the principal office of the Exchange, and offer subject to Regulation 14E be held or by sending an email to: Shagufta_ at the Commission’s Public Reference 6 Section 105 in its current form was approved in Ahmed@omb.eop.gov; and (ii) Pamela Room. daltland on DSKBBV9HB2PROD with NOTICES Securities Exchange Act Release No. 22777 (January Dyson, Director/Chief Information 8, 1986); 51 FR 2613 (January 17, 1986). 1 15 U.S.C. 78s(b)(1). Officer, Securities and Exchange 7 The proposed amendment will conform the rule 2 17 CFR 240.19b–4. Commission, c/o Remi Pavlik-Simon, 3 The term ‘‘business day’’ is used as defined in to changes recently adopted by the NYSE in its own 100 F Street NE, Washington, DC 20549 warrant listing standard. See Securities Exchange Rule 14d–1(g)(3) under the Act (17 CFR 240.14d– Act Release No. 82566 (SR–NYSE–2018–04) or send an email to: PRA_Mailbox@ 1(g)(3)). (January 22, 2018). sec.gov. Comments must be submitted to 4 15 U.S.C. 78m(e). 8 17 CFR 240.14e–1 et seq. OMB within 30 days of this notice. 5 17 CFR 240.13e–4. 9 17 CFR 240.14e–1(a). VerDate Sep<11>2014 18:52 Feb 22, 2018 Jkt 244001 PO 00000 Frm 00088 Fmt 4703 Sfmt 4703 E:\FR\FM\23FEN1.SGM 23FEN1


Document Created: 2018-02-23 01:32:41
Document Modified: 2018-02-23 01:32:41
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
FR Citation83 FR 8131 
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