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Federal Register / Vol. 91, No. 185 / Friday, September 25, 2026 / Notices

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Commission a national market system
(‘‘NMS’’) plan to govern the creation,
implementation, and maintenance of a
consolidated audit trail (‘‘CAT’’) and
Central Repository for the collection of
information for NMS securities. On
February 27, 2015, the Participants
submitted the CAT NMS Plan to the
Commission.1 On April 27, 2016, the
Commission published a notice
soliciting comments from the public
(‘‘CAT NMS Plan Notice’’).2 On
November 15, 2016, the Commission
approved the CAT NMS Plan (‘‘CAT
NMS Plan Order’’), including the
information collections proposed in the
CAT NMS Plan Notice, and certain
additional information collections.3
Since 2017 the Commission has
approved several amendments to the
CAT NMS Plan and issued exemptive
relief from its requirements. Some of
these amendments and/or exemptive
relief orders have resulted in data being
removed from the CAT. For instance,
the Commission has issued exemptive
relief from and approved amendments
to the CAT NMS Plan to enable the
SROs to remove customer and accountlevel information from the CAT.4 The
1 See Letter from Participants to Brent J. Fields,
Secretary, Commission, dated February 27, 2015.
The Participants filed the CAT NMS Plan on
September 30, 2014. See Letter from the
Participants to Brent J. Fields, Secretary,
Commission, dated September 30, 2014. The CAT
NMS Plan filed on February 27, 2015, was an
amendment to and replacement of the Initial CAT
NMS Plan (the ‘‘Amended and Restated CAT NMS
Plan’’). On December 24, 2015, the Participants
submitted an Amendment to the Amended and
Restated CAT NMS Plan. See Letter from
Participants to Brent J. Fields, Secretary,
Commission, dated December 23, 2015 (the
‘‘Amendment’’). On February 9, 2016, the
Participants filed with the Commission an identical,
but unmarked, version of the Amended and
Restated CAT NMS Plan, dated February 27, 2015,
as modified by the Amendment, as well as a copy
of the request for proposal issued by the
Participants to solicit Bids from parties interested
in serving as the Plan Processor for the consolidated
audit trail. Unless the context otherwise requires,
the ‘‘CAT NMS Plan’’ shall refer to the Amended
and Restated CAT NMS Plan, as modified by the
Amendment.
2 See Securities Exchange Act Release No. 77724
(April 27, 2016), 81 FR 30613 (May 17, 2016). The
burdens associated with the CAT NMS Plan Notice
were submitted under OMB number 3235–0671
which relates to the NMS Plan required to be filed
under Rule 613.
3 See Securities Exchange Act Release No. 79318
(November 15, 2016), 81 FR 84696 (November 23,
2016), available at https://www.sec.gov/rules/sro/
nms/2016/34-79318.pdf (‘‘CAT NMS Plan Order’’).
4 See, e.g., Securities Exchange Act Release No.
88393 (Mar. 17, 2020), 85 FR 16152 (Mar. 20, 2020)
(the ‘‘2020 PII Exemptive Relief Order’’) (providing
conditional exemptive relief from CAT NMS Plan
requirements obligating the SROs to collect social
security numbers (‘‘SSNs’’) and/or individual tax
payer identification numbers (‘‘ITINs’’), dates of
birth, and account numbers associated with natural
persons); Securities Exchange Act Release No.
102386 (Feb. 10, 2025), 90 FR 9642, 9643 (Feb. 14,

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Commission has also issued exemptive
relief from and approved amendments
to the CAT NMS Plan to enable the
SROs to shorten the retention period for
the data collected by the CAT.5
This Notice addresses both the
ongoing information collection
requirements noted above, the
remaining information collection
requirements contained in the CAT
NMS Plan Notice, and certain additional
information collections of the CAT NMS
Plan Order, which includes an
assessment of the projected impact of
any Material Systems Change on the
Maximum Error Rate, prior to the
implementation of such Material
Systems Change from the Participants.6
The CAT NMS Plan, which governs
the CAT, improves the quality of the
data available to regulators in four areas
that affect the ultimate effectiveness of
core regulatory efforts—completeness,
accuracy, accessibility and timeliness.7
The improvements in these data
qualities substantially improve
regulators’ ability to perform analysis
and reconstruction of market events,
and market analysis and research to
inform policy decisions, as well as
perform regulatory activities, in
particular market surveillance,
examinations, investigations, and other
enforcement functions.
The Commission estimates that 1,199
respondents 8 will require an aggregate

total of approximately 4,122,488 hours
per year to comply with the collection
of information. The Commission further
estimates that the aggregate cost to
comply with the collection of
information will be approximately
$384,727,051 per year.
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 OMB
Control Number.
The public may view and comment
on this information collection request
at: https://www.reginfo.gov/public/do/
PRAViewICR?ref_nbr=202607-3235-010
or email comment to
MBX.OMB.OIRA.SEC_desk_officer@
omb.eop.gov within 30 days of the day
after publication of this notice, by
October 26, 2026.

2025) (the ‘‘2025 PII Exemptive Relief Order’’)
(providing conditional exemptive relief from CAT
NMS Plan requirements obligating the SROs to
collect names, addresses, and years of birth for U.S.
natural persons); Securities Exchange Act Release
No. 104586 (Jan. 13, 2026), 91 FR 2164 (Jan. 16,
2026) (the ‘‘CAIS Order’’) (codifying the 2020 PII
Exemptive Relief Order and the 2025 PII Exemptive
Relief Order and, among other things, enabling the
SROs to eliminate: (1) historical customer and
account-level data, including, among other things,
names, addresses, and years of birth, (2) names,
addresses, and years of birth (where applicable) for
foreign natural persons, for legal entities, and for
authorized traders, and (3) employer identification
numbers).
5 See, e.g., Securities Exchange Act Release No.
104144 (Sept. 30, 2025), FR 90 47853, 47854–55
(Oct. 2, 2025) (providing exemptive relief from
certain requirements related to data storage and
retention); Securities Exchange Act Release No.
105107 (Mar. 27, 2026), 91 FR 16284, 16307 (Apr.
1, 2026) (approving amendments to the CAT NMS
Plan that permit the SROs to: (1) delete all CAT
Data older than three years; (2) delete options
market maker quotes on Listed Options older than
six months; (3) delete Interim Operational Data
older than 15 days; and (4) delete Options SIP Data
older than six months).
6 Id. at 84942. The Commission believes that one
assessment would be filed annually.
7 See CAT NMS Plan Order, supra note 3, at
45727 (discussing four ‘‘qualities’’ of trade and
order data that impact the effectiveness of core
Participant and Commission regulatory efforts:
accuracy, completeness, accessibility, and
timeliness).
8 The Commission notes that 27 Participants (the
26 national securities exchanges and one national

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
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission (‘‘SEC’’ or
‘‘Commission’’) is submitting to the
Office of Management and Budget
(‘‘OMB’’) this request for Extension of
the proposed 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.).
Section 17A of the Exchange Act 1
generally requires transfer agents
performing any transfer agent function
with respect to any security registered
under Section 12 of the Exchange Act 2
or issued by certain insurance or
investment companies to register with
an appropriate regulatory agency

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Dated: September 22, 2026.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026–19620 Filed 9–24–26; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[OMB Control No. 3235–0151]

Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Extension:
Rule 17Ac3–1 and Form TA–W

securities association) and 1,172 broker-dealers are
subject to information collection requirements
pursuant to Rule 613 and the CAT NMS Plan.
1 15 U.S.C. 78q–1.
2 15 U.S.C. 78l.

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Federal Register / Vol. 91, No. 185 / Friday, September 25, 2026 / Notices

(‘‘ARA’’) as defined in Section
3(a)(34)(B) of the Exchange Act.3
Section 17A(c)(4)(B) of the Exchange
Act 4 authorizes transfer agents
registered with an ARA to withdraw
from registration by filing with the ARA
a written notice of withdrawal 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
furtherance of the purposes of Section
17A.
In order to implement Section
17A(c)(4)(B), the Commission
promulgated Rule 17Ac3–1(a) and
accompanying Form TA–W (‘‘the
form’’).5 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. The
Commission later amended Rule
17Ac3–1(a) and accompanying Form
TA–W to require that the form be filed
in electronic format on EDGAR.6 Form
TA–W requires the withdrawing transfer
agent to provide 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.
From 2023 through 2025, respondents
annually filed approximately 12 Forms
TA–W with the Commission. The
Commission therefore estimates that 12
transfer agents are expected to rely on
Rule 17Ac3–1 and Form TA–W
annually over the subsequent 3 years.
The Commission estimates that it takes
approximately 30 minutes per transfer
agent to complete a Form TA–W. The
estimated aggregate annual time burden
is thus approximately 6 hours (12 filings
× 0.5 hours), which comprises a onetime reporting burden. The estimated
internal labor cost of compliance per
filing is approximately $72 (0.5 hours ×
$144 average hourly rate for a general
office clerk).7 The estimated aggregate
3 15 U.S.C. 78c(a)(34)(B).

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4 15 U.S.C. 78q–1(c)(4)(B).
5 Exchange Act Release No. 13914 (Sep. 1, 1977),
42 FR 44983 (Sep. 8, 1977); 17 CFR 240.17Ac3–1
and 17 CFR 249b.101–Form TA–W.
6 Exchange Act Release No. 54864 (Dec. 4, 2007),
71 FR 74698 (Dec. 12, 2006).
7 For purposes of calculating the dollar cost
burdens associated with respondents using Form
TA–W, the Commission relies on the Occupational
Employment and Wage Statistics (‘‘OEWS’’) from
the U.S. Bureau of Labor Statistics (‘‘BLS’’). See
Occupational Employment and Wage Classification,
U.S. Bureau of Labor Statistics, https://
www.bls.gov/oes/; see also Standard Occupational
Classification, U.S. Bureau of Labor Statistics,
https://www.bls.gov/soc/ (describing occupational
classification system used by BLS); Exec. Off. Of the
President, Off. Of Mgmt. & Budget, North American

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internal compliance cost per year is thus
approximately $864 (12 filings × $72 per
filing).
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 OMB
Control Number.
The public may view and comment
on this information collection request
at: https://www.reginfo.gov/public/do/
PRAViewICR?ref_nbr=202607-3235-007
or email comment to
MBX.OMB.OIRA.SEC_desk_officer@
omb.eop.gov within 30 days of the day
after publication of this notice, by
October 26, 2026.
Dated: September 22, 2026.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026–19615 Filed 9–24–26; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–106465; File No. SR–
NYSEARCA–2026–98]

Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Amend the NYSE Arca
Options Fee Schedule To Modify the
Broker QCC Credit and Manual Billable
Rebate Program
September 22, 2026.

Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934
(‘‘Act’’),2 and Rule 19b–4 thereunder,3
notice is hereby given that on
September 14, 2026, NYSE Arca, Inc.
(‘‘NYSE Arca’’ 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
Industrial Classification System (2022), available at
https://www.census.gov/naics/reference_files_tools/
2022_NAICS_Manual.pdf (describing the industry
adjusted for changes in the seasonally adjusted
employment cost index for private wages and
salaries between the data reference period and
when the data are released by BLS. See
Employment Cost Index, U.S. Bureau of Labor
Statistics, https://www.bls.gov/eci/. The adjusted
mean hourly wage is then multiplied by a factor
that accounts for nonwage costs borne by
employers, such as bonuses, benefits, and overhead.
This factor is calculated as an average over the 10
most recently available years of data of the ratio of
the Bureau of Economic Analysis’s annual gross
output data for the North American Industry
Classification System (‘‘NAICS) number to total
annual wages across all occupations for the NAICS
number in the OEWS data.
1 15 U.S.C. 78s(b)(1).
2 15 U.S.C. 78a.
3 17 CFR 240.19b–4.

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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 amend the
NYSE Arca Options Fee Schedule (‘‘Fee
Schedule’’) by modifying the credit
available to brokers submitting
Qualified Contingent Cross (‘‘QCC’’)
transactions and the Manual Billable
Rebate Program that is part of the Floor
Broker Fixed Cost Prepayment Incentive
Program (the ‘‘FB Prepay Program’’).
The Exchange proposes to implement
the fee changes effective September 14,
2026. The proposed rule change is
available on the Exchange’s website at
www.nyse.com and at the principal
office of the Exchange.
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.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to amend the
NYSE Arca Options Fee Schedule (‘‘Fee
Schedule’’) by modifying the credit
available to brokers submitting QCC
transactions and the Manual Billable
Rebate Program that is part of the FB
Prepay Program. The Exchange proposes
to implement the fee changes effective
September 14, 2026.4
Submitting Broker QCC Credits
The Exchange offers submitting
brokers a per contract credit of $0.16 for
customer vs. non-customer electronic
QCC transactions, and a per contract
credit of $0.22 for non-customer vs.
non-customer electronic QCC
4 The Exchange originally filed to amend the Fee
Schedule on September 1, 2026 (SR–NYSEARCA–
2026–90). SR–NYSEARCA–2026–90 was
withdrawn on September 14, 2026, and replaced by
this filing.

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