30 Day Notice

21984

Federal Register / Vol. 87, No. 71 / Wednesday, April 13, 2022 / Notices

in the rules describing the ECO opening
process, which should help to assure
that the proposed rules accurately
describe the Exchange’s ECO opening
process. In addition, Amendment No. 2
revises the proposal to state that bids
and offers for complex strategies may be
expressed in $0.01 increments
regardless of the MPV otherwise
applicable to the individual leg(s) of the
ECO, which is consistent with the rules
of other options exchanges.
Accordingly, the Commission finds
good cause for approving the proposed
rule change, as modified by Amendment
No. 1, on an accelerated basis.
VI. Conclusion
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,185 that the
proposed rule change (SR–NYSEArca–
2021–68), as modified by Amendment
Nos. 1 and 2, is approved on an
accelerated basis.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.186
J. Matthew De LesDernier,
Assistant Secretary.
[FR Doc. 2022–07843 Filed 4–12–22; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–440, OMB Control No.
3235–0496]

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

jspears on DSK121TN23PROD with NOTICES1

Extension:
Appendix F to Rule 15c3–1

Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.) (‘‘PRA’’), the
Securities and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the existing collection of information
provided for in Appendix F to Rule
15c3–1 (‘‘Appendix F’’ or ‘‘Rule 15c3–
1f’’) (17 CFR 240.15c3–1f) under the
Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) (‘‘Exchange Act’’).
Appendix F applies to certain
members of a class of broker-dealers
known as over-the-counter (‘‘OTC’’)
derivatives dealers. Exchange Act Rule
15c3–1 is the Commission’s net capital
185 15

U.S.C. 78s(b)(2).
186 17 CFR 200.30–3(a)(12).

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rule for broker-dealers.1 Under
Appendix F, an OTC derivatives dealer
that is not a security-based swap dealer
may apply to the Commission for
authorization to compute net capital
charges for market and credit risk in
accordance with Appendix F in lieu of
computing securities haircuts under
paragraph (c)(2)(vi) of Exchange Act
Rule 15c3–1.2
At present, three OTC derivatives
dealers have been approved to use
Appendix F. No additional OTC
derivatives dealers have applied to use
Appendix F, and the staff does not
expect that any additional OTC
derivatives dealers will apply to use
Appendix F during the next three years.
The Commission estimates that the
three approved OTC derivatives dealers
will spend an average of approximately
1,000 hours each per year reporting
information concerning their value-atrisk (‘‘VAR’’) models and internal risk
management systems, for a total annual
burden of approximately 3,000 hours.
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.
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 May 13, 2022 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 John
Pezzullo, 100 F Street NE, Washington,
DC 20549, or by sending an email to:
[email protected].
Dated: April 7, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022–07834 Filed 4–12–22; 8:45 am]
BILLING CODE 8011–01–P

1 17 CFR 240.15c3–1. An OTC derivatives dealer
that is also registered as a security-based swap
dealer is subject to the net capital provisions of
Exchange Act Rule 18a–1 (17 CFR 240.18a–1).
2 An OTC derivatives dealer that is also registered
as a security-based swap dealer may apply to the
Commission for authorization to compute
deductions for market and credit risk using models
under paragraph (d) of Rule 18a–1.

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SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–94642; File No. SR–NYSE–
2022–19]

Self-Regulatory Organizations; New
York Stock Exchange LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Extend the
Current Pilot Program Related to Rule
7.10
April 7, 2022.

Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934 (the
‘‘Act’’) 2 and Rule 19b–4 thereunder,3
notice is hereby given that on April 5,
2022, New York Stock Exchange LLC
(‘‘NYSE’’ or the ‘‘Exchange’’) filed with
the Securities and Exchange
Commission (the ‘‘Commission’’) the
proposed rule change as described in
Items I and II below, which Items have
been prepared by the self-regulatory
organization. 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 extend the
current pilot program related to Rule
7.10 (Clearly Erroneous Executions) to
the close of business on July 20, 2022.
The proposed rule change is available
on the Exchange’s website at
www.nyse.com, at the principal office of
the Exchange, and at the Commission’s
Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
self-regulatory organization included
statements concerning the purpose of,
and basis for, the proposed rule change
and discussed any comments it received
on the proposed rule change. The text
of those statements may be examined at
the places specified in Item IV below.
The Exchange has prepared summaries,
set forth in sections A, B, and C below,
of the most significant parts of such
statements.

1 15

U.S.C. 78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15

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