30 Day Notice

89 FR 68672 (OMB 3235-0395).pdf

Rule 15g-6; Account Statements for Penny Stock Customers

30 Day Notice

OMB: 3235-0395

Document [pdf]
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68672

Federal Register / Vol. 89, No. 166 / Tuesday, August 27, 2024 / Notices

disapprove, the proposed rule change
(File No. SR–NASDAQ–2024–029).
For the Commission, by the Division
of Trading and Markets, pursuant to
delegated authority.6
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024–19152 Filed 8–26–24; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION

Dated: August 22, 2024.
Vanessa A. Countryman,
Secretary.

[SEC File No. 270–349, OMB Control No.
3235–0395]

ddrumheller on DSK120RN23PROD with NOTICES1

‘‘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 by
September 26, 2024 to (i)
www.reginfo.gov/public/do/PRAMain
and (ii) Austin Gerig, Director/Chief
Data Officer, Securities and Exchange
Commission, c/o Oluwaseun Ajayi, 100
F Street NE, Washington, DC 20549, or
by sending an email to: PRA_Mailbox@
sec.gov.

Submission for OMB Review;
Comment Request; Extension: Rule
15g–6

[FR Doc. 2024–19234 Filed 8–26–24; 8:45 am]

Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736
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’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of
extension of the previously approved
collection of information provided for in
Rule 15g–6—Account Statements for
Penny Stock Customers—(17 CFR
240.15g–6) under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.).
Rule 15g–6 requires brokers and
dealers that sell penny stocks to provide
their customers monthly account
statements containing information with
regard to the penny stocks held in
customer accounts. The purpose of the
rule is to increase the level of disclosure
to investors concerning penny stocks
generally and specific penny stock
transactions.
The Commission estimates that
approximately 170 broker-dealers will
spend an average of approximately 78
hours annually to comply with this rule.
Thus, the total compliance burden is
approximately 13,260 burden-hours per
year.
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

SECURITIES AND EXCHANGE
COMMISSION

6 17

CFR 200.30–3(a)(31).

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BILLING CODE 8011–01–P

[Release No. 34–100799; File No. SR–
CboeBZX–2024–077]

Self-Regulatory Organizations; Cboe
BZX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change To Adopt New
Market Data Reports
August 21, 2024.

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
15, 2024, Cboe BZX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘BZX’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I, II, and
III below, which Items have been
prepared by the Exchange. The
Exchange filed the proposal as a ‘‘noncontroversial’’ proposed rule change
pursuant to Section 19(b)(3)(A)(iii) of
the Act 3 and Rule 19b–4(f)(6)
thereunder.4 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
Cboe BZX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘BZX’’) proposes to
adopt new market data reports. The text
of the proposed rule change is provided
in Exhibit 5.
The text of the proposed rule change
is also available on the Exchange’s
website (http://markets.cboe.com/us/
equities/regulation/rule_filings/bzx/), at
1 15

U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A)(iii).
4 17 CFR 240.19b–4(f)(6).
2 17

PO 00000

Frm 00097

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the Exchange’s Office of the Secretary,
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.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to amend
Rule 11.22 (Data Products) to adopt the
Cboe Timestamping Service, which is a
market data service comprised of two
distinct market data reports. The Cboe
Timestamping Service will provide
timestamp information for orders and
cancels for market participants. More
specifically, the Cboe Timestamping
Service reports will provide various
timestamps relating to the message
lifecycle throughout the exchange
system. The first report—the Missed
Liquidity Report—will cover order
messages and the second report—
Cancels Report—will cover cancel
messages. The proposed reports are
optional products that will be available
to all Members and Members may opt to
choose both reports, one report, or
neither report. Corresponding fees will
be assessed based on the number of
reports selected.5
The Exchange notes that the data
included in the proposed reports will be
based only on the data of the market
participant that opts to subscribe to the
reports (‘‘Recipient Member’’) and will
not include information related to any
Member other than the Recipient
Member. The Exchange will restrict all
other market participants from receiving
another market participant’s data.
Additionally, neither report includes
real-time market data. Rather, the
reports will contain historical data from
the prior trading day and will be
5 The Exchange plans to submit a separate filing
with the Commission pursuant to Section 19(b)(1)
to propose fees for the Missed Liquidity Report and
Cancels Report.

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