Federal Register / Vol. 83, No. 246 / Wednesday, December 26, 2018 / Notices 66329 

13 15 U.S.C. 78s(b)(3)(A). 

14 17 CFR 240.19b–4(f). 15 17 CFR 200.30–3(a)(12). 

1 17 CFR 242.612(c). 

2See Securities Exchange Act Release No. 68303 

(November 27, 2012), 77 FR 71652 (December 3, 

2012) (‘‘RPI Approval Order’’) (SR–BXY–2012–019). 

3See Securities Exchange Act Release Nos. 71249 

(January 7, 2014), 79 FR 2229 (January 13, 2012) 

(SR–BYX–2014–001) (Notice of Filing and 

Immediate Effectiveness of a Proposed Rule Change 

to Extend the Pilot Period for the RPI); 71250 

(January 7, 2014), 79 FR 2234 (January 13, 2012) 

(Order Granting an Extension to Limited Exemption 

From Rule 612(c) of Regulation NMS in Connection 

With the Exchange’s Retail Price Improvement 

Program); 74111 (January 22, 2015), 80 FR 4598 

(January 28, 2015) (SR–BYX–2015–05) (Notice of 

Filing and Immediate Effectiveness of a Proposed 

Rule Change to Extend the Pilot Period for the RPI); 

and 74115 (January 22, 2015), 80 FR 4324 (January 

27, 2015) (Order Granting an Extension to Limited 

Exemption From Rule 612(c) of Regulation NMS in 

Connection With the Exchange’s Retail Price 

Improvement Program); 76965 (January 22, 2016), 

81 FR 4682 (January 27, 2016) (SR–BYX–2016–01) 

(Notice of Filing and Immediate Effectiveness of a 

Proposed Rule Change to Extend the Pilot Period for 

the RPI); 76953 (January 21, 2016), 81 FR 4728 

(January 27, 2016) (Order Granting an Extension to 

Limited Exemption From Rule 612(c) of Regulation 

NMS in Connection With the Exchange’s Retail 

Price Improvement Program); 78180 (June 28, 2016), 

81 FR 43306 (July 1, 2016) (SR–BYX–2016–15) 

(Notice of Filing and Immediate Effectiveness of a 

Proposed Rule Change to Extend the Pilot Period for 

the RPI); 78178 (July 5, 2016), 81 FR 43689 (July 

5, 2016) (Order Granting an Extension to Limited 

Exemption From Rule 612(c) of Regulation NMS in 

Connection With the Exchange’s Retail Price 

Improvement Program); 81368 (August 10, 2017), 82 

FR 38960 (August 16, 2017) (SR–BatsBYX–2017–18) 

(Notice of Filing and Immediate Effectiveness of a 

Proposed Rule Change to Extend the Pilot Period for 

the RPI); 81364 (August 8, 2018), 82 FR 38733 

Continued 

The Exchange does not believe that 

the proposed rule change will impose 

any burden on competition not 

necessary or appropriate in furtherance 

of the purposes of the Act. The 

Exchange does not believe that the 

proposed change burdens competition, 

but instead, enhances competition as it 

is intended to increase the 

competitiveness of BZX by modifying 

pricing incentives in order to attract 

order flow and incentivize participants 

to increase their participation on the 

Exchange. The Exchange notes that it 

operates in a highly competitive market 

in which market participants can 

readily direct order flow to competing 

venues if they deem fee structures to be 

unreasonable or excessive. The 

proposed change is intended to enhance 

the rebate offered for certain nondisplayed liquidity added to the 

Exchange, which is intended to draw 

additional liquidity to the Exchange. 

The Exchange does not believe the 

proposed amendment would burden 

intramarket competition as it would be 

available to all Members uniformly. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

The Exchange has not solicited, and 

does not intend to solicit, comments on 

this proposed rule change. The 

Exchange has not received any 

unsolicited written comments from 

Members or other interested parties. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing rule change has become 

effective pursuant to Section 19(b)(3)(A) 

of the Act 13 and paragraph (f) of Rule 

19b–4 thereunder.14 At any time within 

60 days of the filing of the proposed rule 

change, the Commission summarily may 

temporarily suspend such rule change if 

it appears to the Commission that such 

action is necessary or appropriate in the 

public interest, for the protection of 

investors, or otherwise in furtherance of 

the purposes of the Act. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views and 

arguments concerning the foregoing, 

including whether the proposal is 

consistent with the Act. Comments may 

be submitted by any of the following 

methods: 

Electronic Comments 

• Use the Commission’s internet 

comment form (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include File No. SR– 

CboeBZX–2018–087 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE, 

Washington, DC 20549–1090. 

All submissions should refer to File No. 

SR–CboeBZX–2018–087. This file 

number should be included on the 

subject line if email is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

internet website (http://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

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 such 

filing will also 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 

No. SR–CboeBZX–2018–087 and should 

be submitted on or before January 16, 

2019. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.15

Eduardo A. Aleman, 

Deputy Secretary. 

[FR Doc. 2018–27816 Filed 12–21–18; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–84845; File No. SR–BYX– 

2012–019] 

Self-Regulatory Organization; Cboe 

BYX Exchange, Inc.; Order Granting an 

Extension to Limited Exemption From 

Rule 612(c) of Regulation NMS in 

Connection With the Exchange’s Retail 

Price Improvement Program 

December 18, 2018. 

On November 27, 2012, the Securities 

and Exchange Commission 

(‘‘Commission’’) issued an order 

pursuant to its authority under Rule 

612(c) of Regulation NMS (‘‘Sub-Penny 

Rule) 1 that granted the BATS BYXExchange, Inc. (k/n/a ‘‘Cboe BYX’’ or 

the ‘‘Exchange’’) a limited exemption 

from the Sub-Penny Rule in connection 

with the operation of the Exchange’s 

Retail Price Improvement (‘‘RPI’’) 

Program (the ‘‘Program’’). The limited 

exemption was granted concurrently 

with the Commission’s approval of the 

Exchange’s proposal to adopt the 

Program for a one-year pilot term.2 The 

exemption was granted coterminous 

with the effectiveness of the pilot 

Program and has been extended six 

times; 3 both the pilot Program and 


amozie on DSK3GDR082PROD with NOTICES1
66330 Federal Register / Vol. 83, No. 246 / Wednesday, December 26, 2018 / Notices 

(August 15, 2017) (Order Granting an Extension to 

Limited Exemption From Rule 612(c) of Regulation 

NMS in Connection With the Exchange’s Retail 

Price Improvement Program); 83758 (August 1, 

2018), 83 FR 38757 (August 7, 2018) (SR– 

CboeBYX–2018–015) (Notice of Filing and 

Immediate Effectiveness of a Proposed Rule Change 

to Extend the Pilot Period for the RPI); 83756 

(August 1, 2018), 83 FR 38748 (August 7, 2018) 

(Order Granting an Extension to Limited Exemption 

From Rule 612(c) of Regulation NMS in Connection 

With the Exchange’s Retail Price Improvement 

Program). The Exchange has filed to make the pilot 

program permanent. See Securities Exchange Act 

Release No. 83831 (August 13, 2018), 83 FR 41128 

(August 17, 2018) (SR–CboeBYX–2018–014). 

4See letter from Anders Franzon, Senior Vice 

President and Deputy General Counsel, Cboe BYX, 

to Brent J. Fields, Secretary, Commission, dated 

December 11, 2018. 

5See SR–CboeBYX–2018–025. 

6See RPI Approval Order, supra note 2, at 77 FR 

at 71657. 

7 17 CFR 200.30–3(a)(83). 

exemption are scheduled to expire on 

December 31, 2018. 

The Exchange now seeks to extend 

the exemption until June 30, 2019.4 The 

Exchange’s request was made in 

conjunction with an immediately 

effective filing that extends the 

operation of the Program until June 30, 

2019.5 In its request to extend the 

exemption, the Exchange notes that the 

Program was implemented gradually 

over time. Accordingly, the Exchange 

has asked for additional time to allow 

itself and the Commission to analyze 

data concerning the Program, which the 

Exchange committed to provide to the 

Commission, as well as to allow 

additional opportunities for greater 

participation in the Program.6 For this 

reason and the reasons stated in the 

Order originally granting the limited 

exemption, the Commission finds that 

extending the exemption, pursuant to its 

authority under Rule 612(c) of 

Regulation NMS, is appropriate in the 

public interest and consistent with the 

protection of investors. 

Therefore, it is hereby ordered, that, 

pursuant to Rule 612(c) of Regulation 

NMS, the Exchange is granted a limited 

exemption from Rule 612(c) of 

Regulation NMS that allows it to accept 

and rank orders priced equal to or 

greater than $1.00 per share in 

increments of $0.001, in connection 

with the operation of its RPI Program. 

The limited and temporary exemption 

extended by this Order is subject to 

modification or revocation if at any time 

the Commission determines that such 

action is necessary or appropriate in 

furtherance of the purposes of the 

Securities Exchange Act of 1934. 

Responsibility for compliance with any 

applicable provisions of the federal 

securities laws must rest with the 

persons relying on the exemptions that 

are the subject of this Order. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.7

Eduardo A. Aleman, 

Deputy Secretary. 

[FR Doc. 2018–27820 Filed 12–21–18; 8:45 am] 

BILLING CODE P 

SOCIAL SECURITY ADMINISTRATION 

[Docket No: SSA–2018–0069] 

Agency Information Collection 

Activities: Proposed Request and 

Comment Request 

The Social Security Administration 

(SSA) publishes a list of information 

collection packages requiring clearance 

by the Office of Management and 

Budget (OMB) in compliance with 

Public Law 104–13, the Paperwork 

Reduction Act of 1995, effective October 

1, 1995. This notice includes an 

extension and revisions of OMBapproved information collections, and 

one new information collection. 

SSA is soliciting comments on the 

accuracy of the agency’s burden 

estimate; the need for the information; 

its practical utility; ways to enhance its 

quality, utility, and clarity; and ways to 

minimize burden on respondents, 

including the use of automated 

collection techniques or other forms of 

information technology. Mail, email, or 

fax your comments and 

recommendations on the information 

collection(s) to the OMB Desk Officer 

and SSA Reports Clearance Officer at 

the following addresses or fax numbers. 

(OMB), Office of Management and 

Budget, Attn: Desk Officer for SSA, Fax: 

202–395–6974, Email address: OIRA_

Submission@omb.eop.gov. 

(SSA), Social Security 

Administration, OLCA, Attn: Reports 

Clearance Director, 3100 West High 

Rise, 6401 Security Blvd., Baltimore, 

MD 21235, Fax: 410–966–2830, Email 

address: OR.Reports.Clearance@ssa.gov, 

or you may submit your comments 

online through www.regulations.gov, 

referencing Docket ID Number [SSA– 

2018–0069]. 

I. The information collections below 

are pending at SSA. SSA will submit 

them to OMB within 60 days from the 

date of this notice. To be sure we 

consider your comments, we must 

receive them no later than February 25, 

2019. Individuals can obtain copies of 

the collection instruments by writing to 

the above email address. 

1. Employer Verification of Records 

for Children Under Age Seven—20 CFR 

404.801–404.803, 404.821–404.822— 

0960–0505. SSA discovered as many as 

70 percent of the wage reports we 

receive for children under age seven are 

actually the earnings of someone other 

than the child. To ensure we credit the 

correct person with the reported 

earnings, SSA verifies wage reports for 

children under age seven with the 

children’s employers before posting to 

the earnings record. SSA uses Form 

SSA–L3231–C1, Request for Employer 

Information, for this purpose. The 

respondents are employers who report 

earnings for children under age seven. 

Type of Request: Revision of an OMBapproved information collection. 

Modality of completion Number of 

respondents 

Frequency of 

response 

Average 

burden per 

response 

(minutes) 

Estimated total 

annual burden 

(hours) 

SSA–L3231–C1 ............................................................................................... 11,823 1 10 1,971 

2. Request for Reinstatement (Title 

XVI)—20 CFR 416.999–416.999d— 

0960–0744. SSA uses Form SSA–372 to: 

(1) Inform previously entitled 

beneficiaries of the expedited 

reinstatement (EXR) requirements of 

Supplemental Security Income (SSI) 

payments under Title XVI of the Social 

Security Act (Act); and (2) document 

their requests for EXR. SSA requires this 

application for reinstatement of benefits 

for respondents to obtain SSI disability 

payments for EXR. When an SSA claims 

representative learns of individuals 

whose medical conditions no longer 

permit them to perform substantial 

gainful activity as defined in the Act, 

the claims representative gives the form 

to the previously entitled individuals 

(or mails it to those who request EXR 

over the phone). SSA employees collect 


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