Federal Register / Vol. 85, No. 231 / Tuesday, December 1, 2020 / Notices 77333 

17See ISE, Options 2, Section 5. 

18 15 U.S.C. 78s(b)(3)(A)(ii). 

19 17 CFR 240.19b–4(f)(2). 20 17 CFR 200.30–3(a)(12). 

Proprietary/Broker-Dealers, and 

Professional Customers from $0.48 to 

$0.50 per contract does not impose an 

undue burden on competition as all 

Non-Priority Customers would be 

assessed the same Complex Order 

Maker Fees for Select Symbols when 

trading against Priority Customer. 

Priority Customer orders bring valuable 

liquidity to the market which liquidity 

benefits other market participants. 

Priority Customers are not assessed 

Complex Order Maker Fees for Select 

Symbols when trading against Priority 

Customer. 

The Exchange’s proposal to amend 

note 3 of Options 7, Section 4 with 

respect to Complex Order Maker Fees 

for Select Symbols when trading against 

Priority Customer for Market Makers as 

well as Complex Order Taker Fees for 

Select Symbols for Market Makers does 

not impose an undue burden on 

competition. Market Makers would 

continue to be permitted to lower their 

Maker Fees for Select Symbols when 

trading against Priority Customers, as 

well as Taker Fees for Select Symbols, 

provided the Market Maker qualified for 

Priority Customer Complex Order Tiers 

8, 9 or 10. Today, Market Makers are 

able to lower their Maker Fees for Select 

Symbols when trading against Priority 

Customers, as well as Taker Fees for 

Select Symbols, provided they qualify 

for Priority Customer Complex Order 

Tiers 8 or 9. With this proposal Market 

Makers would also be able to lower their 

Maker Fees for Select Symbols when 

trading against Priority Customers, as 

well as Taker Fees for Select Symbols, 

if they qualify for new Priority Customer 

Complex Order Tier 10. Unlike other 

market participants, Market Makers 

have an obligation to maintain quotes 17

and provide liquidity in the regular 

market. The Exchange is providing 

Market Makers the opportunity to 

reduce their Maker Fees for Select 

Symbols when trading against Priority 

Customers, as well as Taker Fees for 

Select Symbols, provided the Market 

Maker qualified for Priority Customer 

Complex Order Tiers 8, 9 or 10, to 

incentivize these market participants to 

continue to provide liquidity on ISE. 

Technical Amendments 

The Exchange’s proposal to remove 

reserved note 17 within Options 7, 

Section 4 does not impose an undue 

burden on competition as this note is 

not necessary and the amendment is 

non-substantive. The Exchange’s 

proposal to remove obsolete date 

references and an obsolete rate within 

Options 7, Section 9.C. related to the 

Options Regulatory Fee does not impose 

an undue burden on competition. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were either 

solicited or received. 

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)(ii) of the Act 18 and Rule 

19b–4(f)(2) 19 thereunder. 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: (i) 

Necessary or appropriate in the public 

interest; (ii) for the protection of 

investors; or (iii) otherwise in 

furtherance of the purposes of the Act. 

If the Commission takes such action, the 

Commission shall institute proceedings 

to determine whether the proposed rule 

should be approved or disapproved. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether the proposed rule 

change 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 Number SR– 

ISE–2020–39 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 

Number SR–ISE–2020–39. 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 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–ISE–2020–39 and should be 

submitted on or before December 22, 

2020. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.20

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2020–26400 Filed 11–30–20; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–625, OMB Control No. 

3235–0686] 

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 

Extension: 

Form TCR 

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 

(‘‘Commission’’) is soliciting comments 

on the collection of information 

summarized below. The Commission 

plans to submit an extension for this 

current collection of information to the 

Office of Management and Budget for 

approval. 

The Commission invites comment on 

updates to Form TCR, which is a hard 

copy form adopted by the Commission 


khammond on DSKJM1Z7X2PROD with NOTICES4
77334 Federal Register / Vol. 85, No. 231 / Tuesday, December 1, 2020 / Notices 

1 Implementation of the Whistleblower Provisions 

of Section 21F of the Securities Exchange Act of 

1934, Release No. 34–64545; File No. S7–33–10 

(adopted May 25, 2011). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 88949 

(May 26, 2020), 85 FR 33258 (June 1, 2020) 

(‘‘Original Notice’’). 4 15 U.S.C. 78s(b)(2). 

5See Securities Exchange Act Release No. 89329 

(July 16, 2020), 85 FR 44333 (July 22, 2020). 

6Amendment No. 1 was filed as a partial 

amendment. The Exchange also submitted a redline 

that the Exchange states reflects the changes in the 

partial amendment compared to the original 19b– 

4 that was filed on May 12, 2020 and published as 

the Original Notice. This redline is available on the 

Commission’s website at: https://www.sec.gov/ 

comments/sr-box-2020-16/srbox202016-7525322- 

222100.pdf. 

7See Securities Exchange Act Release No. 89537 

(August 12, 2020), 85 FR 50850 (August 18, 2020). 

8The Commission notes that the proposed rule 

change, as modified by Amendment No. 1, is 

substantially similar to previously-filed proposed 

rule change, SR–BOX–2019–37, which was 

published for comment in the Federal Register on 

January 3, 2020. See Securities Exchange Act 

Release No. 87868 (December 30, 2019), 85 FR 345 

(January 3, 2020) (SR–BOX–2019–37) (Notice of 

Filing of Proposed Rule Change). The Exchange 

withdrew proposed rule change SR–BOX–2019–37 

on May 12, 2020. See Securities Exchange Act 

Release No. 89017 (June 4, 2020), 85 FR 35473 (June 

10, 2020) (Notice of Withdrawal of a Proposed Rule 

Change). 

As applicable, the Commission will considers 

comment submitted on SR–BOX–2019–37 and SR– 

BOX–2020–16 in its review of SR–BOX–2020–16. 

Comments on SR–BOX–2019–37 can be found at: 

https://www.sec.gov/comments/sr-box-2019-37/ 

srbox201937.htm. 

9 15 U.S.C. 78s(b)(2). 

10See Original Notice, supra note 3. 

11 Id. 

12 17 CFR 200.30–3(a)(57). 

in 2011.1 Form TCR may be submitted 

by whistleblowers who wish to provide 

information to the Commission and its 

staff regarding potential violations of the 

federal securities laws. The Commission 

estimates that it takes a whistleblower, 

on average, one and one half hours to 

complete Form TCR. Based on the 

receipt of an average of approximately 

560 annual Form TCR submissions for 

the past three fiscal years, the 

Commission estimates that the annual 

reporting burden of Form TCR is 840 

hours. 

Written comments are invited on: (a) 

Whether this collection of information 

is necessary for the proper performance 

of the functions of the agency, including 

whether the information will have 

practical utility; (b) the accuracy of the 

agency’s estimate of the burden imposed 

by the collection of information; (c) 

ways to enhance the quality, utility, and 

clarity of the information collected; and 

(d) ways to minimize the burden of the 

collection of information on 

respondents, 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. Please direct your written 

comments to David Bottom, Director/ 

Chief Information Officer, Securities 

and Exchange Commission, c/o Cynthia 

Roscoe, 100 F St. NE, Washington, DC 

20549; or send an email to: PRA_

Mailbox@sec.gov. 

Dated: November 25, 2020. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2020–26497 Filed 11–30–20; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–90513; File No. SR–BOX– 

2020–16] 

Self-Regulatory Organizations; BOX 

Exchange LLC; Notice of Designation 

of Longer Period for Commission 

Action on Proposed Rule Change, as 

Modified by Amendment No. 1, a 

Proposed Rule Change in Connection 

With the Proposed Establishment of 

the Boston Security Token Exchange 

LLC as a Facility of the Exchange 

November 24, 2020. 

On May 12, 2020, BOX Exchange LLC 

(‘‘Exchange’’ or ‘‘BOX’’) filed with the 

Securities and Exchange Commission 

(‘‘Commission’’), pursuant to Section 

19(b)(1) of the Securities Exchange Act 

of 1934 (‘‘Act’’) 1 and Rule 19b–4 

thereunder,2 a proposed rule change in 

connection with the proposed 

commencement of operations of the 

Boston Security Token Exchange LLC 

(‘‘BSTX’’) as a facility of the Exchange. 

The proposed rule change was 

published for comment in the Federal 

Register on June 1, 2020.3 On July 16, 

2020, pursuant to Section 19(b)(2) of the 

Act,4 the Commission designated a 

longer period within which to approve 

the proposed rule change, disapprove 

the proposed rule change, or institute 

proceedings to determine whether to 

disapprove the proposed rule change.5

On August 3, 2020, the Exchange filed 

Amendment No. 1 to the proposed rule 

change (‘‘Amendment No. 1’’).6 On 

August 12, 2020, the Commission 

published the proposed rule change, as 

modified by Amendment No. 1, for 

notice and comment and instituted 

proceedings to determine whether to 

approve or disapprove the proposed 

rule change, as modified by Amendment 

No. 1.7 The Commission has received no 

comments letters on the proposed rule 

change, as modified by Amendment No. 

1.8

Section 19(b)(2) of the Act 9 provides 

that, after initiating disapproval 

proceedings, the Commission shall issue 

an order approving or disapproving the 

proposed rule change not later than 180 

days after the date of publication of 

notice of filing of the proposed rule 

change. The Commission may extend 

the period for issuing an order 

approving or disapproving the proposed 

rule change, however, by not more than 

60 days if the Commission determines 

that a longer period is appropriate and 

publishes the reasons for such 

determination. The proposed rule 

change was published for notice and 

comment in the Federal Register on 

June 1, 2020.10 November 28, 2020 is 

180 days from that date, and January 27, 

2021 is 240 days from that date. The 

Commission finds it appropriate to 

designate a longer period within which 

to issue an order approving or 

disapproving the proposed rule change 

so that it has sufficient time to consider 

the proposed rule change. Accordingly, 

the Commission, pursuant to Section 

19(b)(2) of the Act,11 designated January 

27, 2021 as the date by which the 

Commission shall either approve or 

disapprove the proposed rule change, as 

modified by Amendment No.1 (File No. 

SR–BOX–2020–16). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.12

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2020–26412 Filed 11–30–20; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

Data Collection Available for Public 

Comments 

ACTION: 60-Day notice and request for 

comments. 

SUMMARY: The Small Business 

Administration (SBA) intends to request 

approval, from the Office of 

Management and Budget (OMB) for the 

collection of information described 

below. The Paperwork Reduction Act 

(PRA) requires Federal agencies to 

publish a notice in the Federal Register 

concerning each proposed collection of 

information before submission to OMB, 

and to allow 60 days for public 

comment in response to the notice. This 

notice complies with that requirement. 

DATES: Submit comments on or before 

February 1, 2021. 

ADDRESSES: Send all comments by email 

to Gregorius Suryadi, Financial and 


khammond on DSKJM1Z7X2PROD with NOTICES4