60 Day Notice

48690

Federal Register / Vol. 84, No. 179 / Monday, September 16, 2019 / Notices

Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for website viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE,
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change.
Persons submitting comments are
cautioned that we do not redact or edit
personal identifying information from
comment submissions. You should
submit only information that you wish
to make available publicly. All
submissions should refer to File
Number SR–CBOE–2019–056 and
should be submitted on or before
October 7, 2019.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.14
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019–19904 Filed 9–13–19; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
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 DSK3GMQ082PROD with NOTICES

Extension:
Rule 602, SEC File No. 270–404, OMB
Control No. 3235–0461

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 602 of Regulation
NMS (17 CFR 240.602), under the
Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.). The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget (‘‘OMB’’) for
extension and approval.
Rule 602 of Regulation NMS,
Dissemination of Quotations in NMS
securities, contains two related
14 17

CFR 200.30–3(a)(12).

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collections. The first collection of
information is found in Rule 602(a).1
This third-party disclosure requirement
obligates each national securities
exchange and national securities
association to make available to
quotation vendors for dissemination to
the public the best bid, best offer, and
aggregate quotation size for each
‘‘subject security,’’ as defined under the
Rule. The second collection of
information is found in Rule 602(b).2
This disclosure requirement obligates
any exchange member and over-thecounter (‘‘OTC’’) market maker that is a
‘‘responsible broker or dealer,’’ as
defined under the Rule, to communicate
to an exchange or association its best
bids, best offers, and quotation sizes for
subject securities.3
It is anticipated that twenty-three
respondents, consisting of twenty-two
national securities exchanges and one
national securities association, will
collectively respond approximately
5,780,026,336,314 times per year
pursuant to Rule 602(a) at 18.22
microseconds per response, resulting in
a total annual burden of approximately
30,590 hours. It is anticipated that no
respondents will have a reporting
burden pursuant to Rule 602(b).4
Thus, the aggregate third-party
disclosure burden under Rule 602 is
30,590 hours annually which is
comprised of 30,590 hours relating to
Rule 602(a) and 0 hours relating to Rule
602(b).
Written comments are invited on: (a)
Whether the proposed collections of
information are necessary for the proper
performance of the functions of the
Commission, including whether the
information will have practical utility;
(b) the accuracy of the Commission’s
estimate of the burden of the proposed

collections 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
collections of information on those who
are to respond, 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 within 60 days of this
publication.
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: Charles Riddle, Acting Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Candace
Kenner, 100 F Street NE, Washington,
DC 20549, or send an email to: PRA_
Mailbox@sec.gov.
Dated: September 11, 2019.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019–19974 Filed 9–13–19; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–86910; File No. SR–CBOE–
2019–055]

Self-Regulatory Organizations; Cboe
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Amend Rule 4.10(b)
Regarding the Notice Requirement in
Connection With Trading Permit
Holders That Clear Market-Maker
Trades

1 17

September 10, 2019.

2 17

Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on
September 5, 2019, Cboe Exchange, Inc.
(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 Exchange. The Exchange filed the
proposal as a ‘‘non-controversial’’
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

CFR 242.602(a).
CFR 242.602(b).
3 Under Rule 602(b)(5), electronic
communications networks (‘‘ECNs’’) have the
option of reporting to an exchange or association for
public dissemination, on behalf of customers that
are OTC market makers or exchange market makers,
the best-priced orders and the full size for such
orders entered by market makers on the ECN, to
satisfy such market makers’ reporting obligation
under Rule 602(b). Since this reporting requirement
is an alternative method of meeting the market
makers’ reporting obligation, and because it is
directed to nine or fewer persons (ECNs), this
collection of information is not subject to OMB
review under the Paperwork Reduction Act
(‘‘PRA’’).
4 For the reporting obligation under Rule 602(b),
the respondents are exchange members and OTC
market makers. The Commission believes that
communication of quotations through an
exchange’s electronic trading system effectively
means that exchange members currently have no
reporting burden under Rule 602(b) for these
quotations. The Commission also believes that there
are presently no OTC market makers that quote
other than on an exchange.

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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

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