60 Day Notice

3235-0597.pdf

Rule 31 Section 31 transaction fees; Form R31-Form for reporting covered sales and covered round turn transactions under Section 31 of the Securities Exchange Act of 1934

60 Day Notice

OMB: 3235-0597

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32212

Federal Register / Vol. 87, No. 103 / Friday, May 27, 2022 / Notices

For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.12
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022–11399 Filed 5–26–22; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–537, OMB Control No.
3235–0597]

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

jspears on DSK121TN23PROD with NOTICES1

Extension:
Rule 31 and Form R31

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 31 (17 CFR 240.31)
and Form R31 (17 CFR 249.11) under
the Securities Exchange Act of 1934 (15
U.S.C. 78ee) (‘‘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 31 of the Exchange Act
requires the Commission to collect fees
and assessments from national
securities exchanges and national
securities associations (collectively,
‘‘self-regulatory organizations’’ or
‘‘SROs’’) based on the volume of their
securities transactions. To collect the
proper amounts, the Commission
adopted Rule 31 and Form R31 under
the Exchange Act whereby each SRO
must report to the Commission the
volume of its securities transactions and
the Commission, based on those data,
calculates the amount of fees and
assessments that each SRO owes
pursuant to Section 31. Rule 31 and
Form R31 require each SRO to provide
these data on a monthly basis.
Currently, there are 27 respondents
under Rule 31 that are subject to the
collection of information requirements
of Rule 31: 24 national securities
exchanges, one national securities
association, and two registered clearing
agencies that are required to provide
certain data in their possession needed
by the SROs to complete Form R31,
12 17

CFR 200.30–3(a)(12).

VerDate Sep<11>2014

17:51 May 26, 2022

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although these two clearing agencies are
not themselves required to complete
and submit Form R31.1 The
Commission estimates that the total
burden for all 27 respondents is 432
hours per year. The Commission
estimates that, based on previous and
current experience, three additional
national securities exchanges will
become registered and subject to the
reporting requirements of Rule 31 over
the course of the authorization period
and collectively incur a burden of 18
hours per year. Thus, the Commission
estimates the collective burden for all
respondents (existing and new added
together) to be 450 hours per year. The
SEC does not believe that the 27 existing
or 3 expected new respondents will
have to incur any capital or start-up
costs, or any additional operational or
maintenance costs (other than as already
discussed in this paragraph), to comply
with the collection of information
requirements imposed by Rule 31 and
Form R31. The SEC estimates that the
average annual cost to the SEC of
processing all of these filings would be
$20,307.48 (90.1 hours at an average of
$225.39 per hour).
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
estimate of the burden of the proposed
collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be 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 by July 26, 2022.
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 John
Pezzullo, 100 F Street NE, Washington,
DC 20549 or send an email to: PRA_
[email protected].
1 Since the last renewal period, when there was
one security futures exchange that reported
transactions, that exchanged has ceased operation.
Therefore, currently, no security futures exchanges
report any transaction in security futures on Form
R31.

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Dated: May 23, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022–11390 Filed 5–26–22; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–94970; File No. SR–
PEARL–2022–19]

Self-Regulatory Organizations; MIAX
PEARL, LLC; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Amend the MIAX Pearl
Options Fee Schedule
May 23, 2022.

Pursuant to the provisions of 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 May 9, 2022, MIAX PEARL, LLC
(‘‘MIAX Pearl’’ or ‘‘Exchange’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’) a
proposed rule change as described in
Items I, II, and III 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 is filing a proposal to
amend the MIAX Pearl Options Fee
Schedule (the ‘‘Fee Schedule’’).
The text of the proposed rule change
is available on the Exchange’s website at
http://www.miaxoptions.com/rulefilings/pearl at MIAX Pearl’s principal
office, 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
Exchange 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 these
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 aspects of such
statements.
1 15
2 17

U.S.C. 78s(b)(1).
CFR 240.19b–4.

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