30 Day Notice

3235-0119 30 Day Notice.pdf

Securities Exchange Act 1934 - Rule 12g3-2

30 Day Notice

OMB: 3235-0119

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Federal Register / Vol. 86, No. 75 / Wednesday, April 21, 2021 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.18
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–08148 Filed 4–20–21; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–104, OMB Control No.
3235–0119]

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

khammond on DSKJM1Z7X2PROD with NOTICES

Extension:
Rule 12g3–2

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’’) has submitted to the
Office of Management and Budget this
request for extension of the previously
approved collection of information
discussed below.
Rule 12g3–2 (17 CFR 240.12g3–2)
under the Securities Exchange Act of
1934 (the ‘‘Exchange Act’’) provides an
exemption from Section 12(g) of the
Exchange Act (15 U.S.C. 78l(g)) for
foreign private issuers. Rule 12g3–2 is
designed to provide investors in foreign
securities with information about such
securities and the foreign issuer. As a
condition to the exemption, a nonExchange Act reporting foreign private
issuer must publish in English specified
non-U.S. disclosure documents required
by Rule 12g3–2(b) for its most recently
completed fiscal year on its internet
website or through an electronic
information delivery system in its
primary trading market. In addition, the
rule requires a foreign private issuer
similarly to publish electronically
specified non-U.S. disclosure
documents in English on an ongoing
basis for subsequent fiscal years as a
condition to maintaining the Rule 12g3–
2(b) exemption. We estimate that, that
approximately 1,386 respondents claim
the exemption. Each respondent
publishes an estimated 12 submissions
pursuant to Rule 12g3–2 per year for a
total of 16,632 responses. We estimate
the number of burden hours incurred by
foreign private issuers to produce the
Rule 12g3–2(b) publications to total
18 17

CFR 200.30–3(a)(12).

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18:12 Apr 20, 2021

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37,206, or approximately 2.237 burden
hours per response (2.237 hours per
response × 16,632 responses).
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
control number.
The public may view background
documentation for this information
collection at the following website:
www.reginfo.gov. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to (i) www.reginfo.gov/public/do/
PRAMain and (ii) David Bottom,
Director/Chief Information Officer,
Securities and Exchange Commission, c/
o Cynthia Roscoe, 100 F Street NE,
Washington, DC 20549, or by sending an
email to: [email protected].
Dated: April 15, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–08144 Filed 4–20–21; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–91581; File No. SR–
NASDAQ–2021–009]

Self-Regulatory Organizations; The
Nasdaq Stock Market LLC; Notice of
Designation of a Longer Period for
Commission Action on a Proposed
Rule Change, as Modified by
Amendment No. 1, To Amend Equity 4,
Rule 4754 Relating to the Limit-Up
Limit-Down Closing Cross

20759

the proposed rule change, which
amended and superseded the proposed
rule change as originally filed.4
Section 19(b)(2) of the Act 5 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 April 17, 2021.
The Commission is extending the 45day time period for Commission action
on the proposed rule change. The
Commission finds that it is 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, as
modified by Amendment No. 1.
Accordingly, pursuant to Section
19(b)(2) of the Act,6 the Commission
designates June 1, 2021, as the date by
which the Commission shall either
approve or disapprove, or institute
proceedings to determine whether to
disapprove, the proposed rule change,
as modified by Amendment No. 1 (File
No. SR–NASDAQ–2021–009).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–08197 Filed 4–20–21; 8:45 am]

April 15, 2021.

On February 11, 2021, The Nasdaq
Stock Market 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 amend Equity 4, Rule 4754
relating to the Limit-Up Limit-Down
(‘‘LULD’’) closing cross. The proposed
rule change was published for comment
in the Federal Register on March 3,
2021.3 The Commission has not
received any comment letters on the
proposed rule change. On April 9, 2021,
the Exchange filed Amendment No. 1 to
1 15

U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 91208
(February 25, 2021), 86 FR 12503.
2 17

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BILLING CODE 8011–01–P

4 In Amendment No. 1, the Exchange amended
the proposal to: (1) Specify the dissemination of
certain imbalance information before the LULD
closing cross; (2) clarify the process for calculating
the LULD closing cross price and the benchmark
prices for the LULD closing cross; (3) specify the
treatment of imbalance only orders for purposes of
the LULD closing cross price selection; (4) provide
additional explanation to support the proposal; (5)
specify the implementation date for the proposal;
and (6) make other clarifying, technical, and
conforming changes. Amendment No. 1 is available
on the Commission’s website at: https://
www.sec.gov/comments/sr-nasdaq-2021-009/
srnasdaq2021009-8670132-235426.pdf.
5 15 U.S.C. 78s(b)(2).
6 Id.
7 17 CFR 200.30–3(a)(31).

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