60 Day Notice

3235-0556 60 Day Notice.pdf

Form BD-N/Rule 15b11-1 Application for registration as a notice registered broker-dealer

60 Day Notice

OMB: 3235-0556

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Federal Register / Vol. 84, No. 238 / Wednesday, December 11, 2019 / Notices
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–498, OMB Control No.
3235–0556]

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.

lotter on DSKBCFDHB2PROD with NOTICES

Extension:
Rule 15b11–1/Form BD–N.

Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the collection of information
provided for in Rule 15b11–1 (17 CFR
240.15b11–1) under the Securities
Exchange Act of 1934 (‘‘Exchange Act’’)
(15 U.S.C. 78a et seq.) and Form BD–N
(17 CFR 249.501b). The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget (‘‘OMB’’) for
extension and approval.
Rule 15b11–1 provides that a broker
or dealer may register by notice
pursuant to section 15(b)(11)(A) of the
Exchange Act (15 U.S.C. 78o(b)(11)(A))
if it: (1) Is registered with the
Commodity Futures Trading
Commission as a futures commission
merchant or an introducing broker, as
those terms are defined in the
Commodity Exchange Act (7 U.S.C. 1, et
seq.); (2) is a member of the National
Futures Association or another national
securities association registered under
section 15A(k) of the Exchange Act (15
U.S.C. 78o–3(k)); and (3) is not required
to register as a broker or dealer in
connection with transactions in
securities other than security futures
products. The rule also requires a broker
or dealer registering by notice to do so
by filing Form BD–N (17 CFR 249.501b)
in accordance with the instructions to
the form. In addition, the rule provides
that if the information provided by
filing the form is or becomes inaccurate
for any reason, the broker or dealer shall
promptly file an amendment on the
form correcting such information.
The Commission staff estimates that
the total annual reporting burden
associated with Rule 15b11–1 and Form
BD–N is approximately two hours,
based on an average of two initial notice
registrations per year that each take
approximately 30 minutes to complete,
for one hour, plus an average of three
amendments per year that each take
approximately fifteen minutes to

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complete, for 0.75 hours, rounded up to
one hour, for a total of two hours.
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 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.
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
under the PRA unless it displays a
currently valid OMB control number.
Please direct your written comments
to: Charles Riddle, Acting Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Cynthia
Roscoe, 100 F Street NE, Washington,
DC 20549, or send an email to: PRA_
[email protected].
Dated: December 5, 2019.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019–26629 Filed 12–10–19; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–87671; File No. SR–NYSE–
2019–54]

Self-Regulatory Organizations; New
York Stock Exchange LLC; Notice of
Designation of a Longer Period for
Commission Action on a Proposed
Rule Change To Permit the Exchange
To List and Trade Exchange Traded
Products
December 5, 2019.

On October 3, 2019, New York Stock
Exchange LLC (‘‘Exchange’’) filed with
the Securities and Exchange
Commission (‘‘Commission’’), pursuant
to Section 19(b)(1) of the Securities
Exchange Act of 1934 (‘‘Act’’) 1 and Rule
19b–4 thereunder,2 a proposed rule
change to list and trade Exchange
Traded Products that have a component
NMS Stock listed on the Exchange or
1 15
2 17

PO 00000

U.S.C.78s(b)(1).
CFR 240.19b–4.

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67763

that are based on, or represent an
interest in, an underlying index or
reference asset that includes an NMS
Stock listed on the Exchange. The
proposed rule change was published for
comment in the Federal Register on
October 23, 2019.3 The Commission has
received no comment letters on the
proposed rule change.
Section 19(b)(2) of the Act 4 provides
that within 45 days of the publication of
notice of the filing of a proposed rule
change, or within such longer period up
to 90 days as the Commission may
designate if it finds such longer period
to be appropriate and publishes its
reasons for so finding, or as to which the
self-regulatory organization consents,
the Commission shall either approve the
proposed rule change, disapprove the
proposed rule change, or institute
proceedings to determine whether the
proposed rule change should be
disapproved. The 45th day after
publication of the notice for this
proposed rule change is December 7,
2019. The Commission is extending this
45-day time period.
The Commission finds it appropriate
to designate a longer period within
which to take action on the proposed
rule change so that it has sufficient time
to consider the proposed rule change.
Accordingly, the Commission, pursuant
to Section 19(b)(2) of the Act,5
designates January 21, 2020 as the date
by which the Commission shall either
approve or disapprove, or institute
proceedings to determine whether to
disapprove, the proposed rule change
(File No. SR–NYSE–2019–54).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.6
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019–26641 Filed 12–10–19; 8:45 am]
BILLING CODE 8011–01–P

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:
3 See Securities Exchange Act Release No. 87329
(Oct. 17, 2019), 84 FR 56864.
4 15 U.S.C. 78s(b)(2).
5 Id.
6 17 CFR 200.30–3(a)(31).

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