30 Day Notice

59344

Federal Register / Vol. 85, No. 183 / Monday, September 21, 2020 / Notices

jbell on DSKJLSW7X2PROD with NOTICES

multiplied by an average hourly rate of
$220 6). The total resulting internal cost
of compliance for a respondent is
$10,100 per year (2 responses × $5,050
per response).
In addition to filing its proposed rule
changes, and any amendments thereto,
with the Commission, a respondent is
also required to post each of its
proposals and any amendments thereto,
on its website. This process takes
approximately 0.5 hours to complete per
proposal and 0.5 hours per amendment.
Thus, for the approximately 2 responses
and 0 amendments,7 the total annual
reporting burden on a respondent to
post these on its website is 1 hour ((2
proposals per year × 0.5 hours per filing)
+ (0 amendments × 0.5 hours)). Further,
a respondent is required to update its
rulebook, which it maintains on its
website, to reflect the changes that it
makes in each proposal and any
amendment thereto. Thus, for all filings
that were not withdrawn by a
respondent (0 withdrawn filings in
calendar years 2017–2019) or
disapproved by the Commission (0
disapproved filings in calendar years
2017–2019), a respondent was required
to update its online rulebook to reflect
the effectiveness of 3 filings on average,
each of which takes approximately 4
hours to complete per proposal. Thus,
the total annual reporting burden for
updating an online rulebook is 8 hours
((2 filings per year¥0 withdrawn filings
× ¥0 disapproved filings) × 4 hours).
Compliance with Rule 19b–7 is
mandatory. Information received in
response to Rule 19b–7 is not kept
confidential; the information collected
is public information.
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 of publication of this
to account for bonuses, firm size, employee
benefits, and overhead.
6 The $220 per hour figure for a Paralegal is from
SIFMA’s Management & Professional Earnings in
the Securities Industry 2013, modified by
Commission staff to account for inflation and an
1800-hour work-year and then multiplied by 5.35
to account for bonuses, firm size, employee
benefits, and overhead.
7 See supra note 4.

VerDate Sep<11>2014

19:59 Sep 18, 2020

Jkt 250001

notice to (i) >MBX.OMB.OIRA.SEC_
desk_officer@omb.eop.gov< and (ii)
David Bottom, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Cynthia
Roscoe, 100 F Street NE, Washington,
DC 20549, or by sending an email to:
PRA_Mailbox@sec.gov.
Dated: September 15, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–20711 Filed 9–18–20; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–037, OMB Control No.
3235–0031]

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
Extension:
Rule 17f–2(e)

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 17f–2(e) (17 CFR 240.17f–2(e)),
under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.).
Rule 17f–2(e) requires every member
of a national securities exchange,
broker, dealer, registered transfer agent,
and registered clearing agency (‘‘covered
entities’’) claiming an exemption from
the fingerprinting requirements of Rule
17f–2 to make and keep current a
statement entitled ‘‘Notice Pursuant to
Rule 17f–2’’ (‘‘Notice’’) containing the
information specified in paragraph (e)(1)
to support their claim of exemption.
Rule 17f–2(e) contains no filing
requirement. Instead, paragraph (e)(2)
requires covered entities to keep a copy
of the Notice in an easily accessible
place at the organization’s principal
office and at the office employing the
persons for whom exemptions are
claimed and to make the Notice
available upon request for inspection by
the Commission, appropriate regulatory
agency (if not the Commission), or other
designated examining authority. Notices
prepared pursuant to Rule 17f–2(e) must
be maintained for as long as the covered
entity claims an exemption from the

PO 00000

Frm 00066

Fmt 4703

Sfmt 4703

fingerprinting requirements of Rule 17f–
2. The recordkeeping requirement under
Rule 17f–2(e) assists the Commission
and other regulatory agencies with
ensuring compliance with Rule 17f–2.
This rule does not involve the collection
of confidential information.
We estimate that approximately 75
respondents will incur an average
burden of 30 minutes per year to
comply with this rule, which represents
the time it takes for a staff person at a
covered entity to properly document a
claimed exemption from the
fingerprinting requirements of Rule 17f–
2 in the required Notice and to properly
retain the Notice according to the
entity’s record retention policies and
procedures. The total annual burden for
all covered entities is approximately 38
hours (75 entities × .5 hours, rounded
up).
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 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 Cynthia Roscoe, 100 F Street, NE,
Washington, DC 20549, or by sending an
email to: PRA_Mailbox@sec.gov.
Dated: September 15, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–20713 Filed 9–18–20; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–89871; File No. SR–BX–
2020–026]

Self-Regulatory Organizations; Nasdaq
BX, Inc.; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change To Amend Rule 4759.
September 15, 2020.

Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
1 15
2 17

E:\FR\FM\21SEN1.SGM

U.S.C. 78s(b)(1).
CFR 240.19b–4.

21SEN1