60 Day Notice

55544

Federal Register / Vol. 85, No. 174 / Tuesday, September 8, 2020 / Notices

submit only information that you wish
to make available publicly. All
submissions should refer to File
Number SR–NYSEArca–2020–79, and
should be submitted on or before
September 29, 2020.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.23
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–19842 Filed 9–4–20; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–96, OMB Control No.
3235–0151]

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

jbell on DSKJLSW7X2PROD with NOTICES

Extension:
Rule 17Ac3–1(a) and Form TA–W

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 existing collection of information
provided for in Rule 17Ac3–1(a) (17
CFR 240.17Ac3–1(a)) and Form TA–W
(17 CFR 249b.101), under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.) (‘‘Exchange Act’’). The
Commission plans to submit this
existing collection of information to the
Office of Management and Budget
(‘‘OMB’’) for extension and approval.
Section 17A(c)(4)(B) of the Exchange
Act authorizes transfer agents registered
with an appropriate regulatory agency
(‘‘ARA’’) to withdraw from registration
by filing a written notice of withdrawal
with the ARA and by agreeing to such
terms and conditions as the ARA deems
necessary or appropriate in the public
interest, for the protection of investors,
or in the furtherance of the purposes of
Section 17A.
In order to implement Section
17A(c)(4)(B) of the Exchange Act, the
Commission promulgated Rule 17Ac3–
1(a) and accompanying Form TA–W on
September 1, 1977. Rule 17Ac3–1(a)
provides that notice of withdrawal from
registration as a transfer agent with the
Commission shall be filed on Form TA–
W. Form TA–W requires the
withdrawing transfer agent to provide
23 17

CFR 200.30–3(a)(12).

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16:32 Sep 04, 2020

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the Commission with certain
information, including: (1) The
locations where transfer agent activities
are or were performed; (2) the reasons
for ceasing the performance of such
activities; (3) disclosure of unsatisfied
judgments or liens; and (4) information
regarding successor transfer agents.
The Commission uses the information
disclosed on Form TA–W to determine
whether the registered transfer agent
applying for withdrawal from
registration as a transfer agent should be
allowed to deregister and, if so, whether
the Commission should attach to the
granting of the application any terms or
conditions necessary or appropriate in
the public interest, for the protection of
investors, or in furtherance of the
purposes of Section 17A of the
Exchange Act. Without Rule 17Ac3–1(a)
and Form TA–W, transfer agents
registered with the Commission would
not have a means to voluntarily
deregister when it is necessary or
appropriate to do so.
On average, respondents have filed
approximately 58 TA–Ws with the
Commission annually from 2017 to
2020. A Form TA–W filing occurs only
once, when a transfer agent is seeking to
deregister. In view of the readilyavailable information requested by Form
TA–W, its short and simple
presentation, and the Commission’s
experience with the filers, we estimate
that approximately 30 minutes is
required to complete and file Form TA–
W. Thus, the total annual time burden
to the transfer agent industry is
approximately 29 hours (58 filings × 0.5
hours). We estimate that the internal
labor cost of compliance per filing is
approximately $35.5 (0.5 hours × $71
average hourly rate for clerical staff
time). The total internal compliance cost
per year is thus approximately $1,030
(29 × $35.5 = $1029.5 rounded up to
$1,030).
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.

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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: David Bottom, 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: September 1, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–19721 Filed 9–4–20; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–89725; File No. SR–Phlx–
2020–41]

Self-Regulatory Organizations; Nasdaq
PHLX LLC; Notice of Filing of
Proposed Rule Change To List and
Trade Options on a Nasdaq–100®
Volatility Index
September 1, 2020.

Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on August
24, 2020, Nasdaq PHLX LLC (‘‘Phlx’’ or
‘‘Exchange’’) filed with the Securities
and Exchange Commission (‘‘SEC’’ or
‘‘Commission’’) the proposed rule
change as described in Items I and II
below, which Items have been prepared
by the Exchange. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to list and
trade options on a Nasdaq–100®
Volatility Index (Ticker Symbol: VOLQ),
a new index that measures changes in
30-day implied volatility of the Nasdaq–
100 Index. Options on the new index,
also ticker symbol VOLQ, will be cashsettled and will have European-style
exercise provisions.
The text of the proposed rule change
is available on the Exchange’s website at
https://listingcenter.nasdaq.com/
rulebook/phlx/rules, at the principal
office of the Exchange, and at the
Commission’s Public Reference Room.
1 15
2 17

E:\FR\FM\08SEN1.SGM

U.S.C. 78s(b)(1).
CFR 240.19b–4.

08SEN1