Federal Register / Vol. 86, No. 15 / Tuesday, January 26, 2021 / Notices 7137 

12 15 U.S.C. 78f(b)(8). 

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

14 17 CFR 240.19b–4(f)(2). 

15 15 U.S.C. 78s(b)(2)(B). 16 17 CFR 200.30–3(a)(12). 

obsolete rule text would promote clarity 

to the Fee Schedule and reduce 

confusion to ETP Holders as to which 

fees and credits are applicable to their 

trading activity on the Exchange. The 

Exchange believes it is reasonable to 

delete the obsolete fees and credits from 

the Fee Schedule and thereby, 

streamline the Fee Schedule, to promote 

clarity and reduce confusion as to the 

applicability of fees and credits that ETP 

Holders would be subject to. The 

Exchange believes deleting obsolete fees 

and credits would also simplify the Fee 

Schedule. 

The Exchange believes that deleting 

obsolete fees and credits from the Fee 

Schedule is equitable and not unfairly 

discriminatory because the resulting 

streamlined Fee Schedule would 

continue to apply to ETP Holders as it 

does currently because the Exchange is 

not adopting any new fees or credits or 

removing any current fees or credits 

from the Fee Schedule that impact ETP 

Holders. All ETP Holders would 

continue to be subject to the same fees 

and credits that currently apply to them. 

For the foregoing reasons, the 

Exchange believes that the proposal is 

consistent with the Act. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

In accordance with Section 6(b)(8) of 

the Act,12 the Exchange believes that the 

proposed rule change would not impose 

any burden on competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act. 

Intramarket Competition. The 

Exchange’s proposal to delete obsolete 

fees and credits from the Fee Schedule 

will not place any undue burden on 

intramarket competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act because all 

ETP Holders would continue to be 

subject to the same fees and credits that 

currently apply to them. To the extent 

the proposed rule change places a 

burden on competition, any such 

burden would be outweighed by the fact 

that a streamlined Fee Schedule would 

promote clarity and reduce confusion 

with respect to the fees and credits that 

ETP Holders would be subject to. 

Intermarket Competition. The 

Exchange believes the proposed rule 

change does not impose any burden on 

intermarket competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act. The 

Exchange operates in a highly 

competitive market in which market 

participants can readily choose to send 

their orders to other exchanges and offexchange venues if they deem fee levels 

at those other venues to be more 

favorable. Market share statistics 

provide ample evidence that price 

competition between exchanges is 

fierce, with liquidity and market share 

moving freely from one execution venue 

to another in reaction to pricing 

changes. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were solicited 

or received with respect to the proposed 

rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing rule change is effective 

upon filing pursuant to Section 

19(b)(3)(A) 13 of the Act and 

subparagraph (f)(2) of Rule 19b–4 14

thereunder, because it establishes a due, 

fee, or other charge imposed by the 

Exchange. 

At any time within 60 days of the 

filing of such 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. If the 

Commission takes such action, the 

Commission shall institute proceedings 

under Section 19(b)(2)(B) 15 of the Act to 

determine whether the proposed rule 

change 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– 

NYSEArca–2021–05 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–NYSEArca–2021–05. 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–NYSEArca–2021–05 and 

should be submitted on or before 

February 16, 2021. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.16

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–01591 Filed 1–25–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–657, OMB Control No. 

3235–0705] 

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 30b1–8 and Form N–CR 

7138 Federal Register / Vol. 86, No. 15 / Tuesday, January 26, 2021 / Notices 

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

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

Notice is hereby given that, pursuant 

to the Paperwork Reduction Act of 1995 

(‘‘Paperwork Reduction Act’’) (44 U.S.C. 

3501–3520), the Securities and 

Exchange Commission (the 

‘‘Commission’’) has submitted to the 

Office of Management and Budget 

(‘‘OMB’’) a request for extension of the 

previously approved collection of 

information discussed below. 

Rule 30b1–8 under the Act [17 CFR 

270.30b1–8], entitled ‘‘Current Report 

for Money Market Funds,’’ provides that 

every registered open-end management 

investment company, or series thereof, 

that is regulated as a money market fund 

under rule 2a–7 [17 CFR 270.2a–7], that 

experiences any of the events specified 

on Form N–CR [17 CFR 274.222], must 

file with the Commission a current 

report on Form N–CR within the time 

period specified in that form. The 

information collection requirements for 

rule 30b1–8 and Form N–CR are 

designed to assist Commission staff in 

its oversight of money market funds and 

its ability to respond to market events. 

It also provides investors with better 

and timelier disclosure of potentially 

important events. Finally, the 

Commission is able to use the 

information provided on Form N–CR in 

its regulatory, disclosure review, 

inspection, and policymaking roles. The 

rule imposes a burden per report of 

approximately 8.5 hours and $1018.5, so 

that the total annual burden for the 

estimated 6 reports filed per year on 

Form N–CR is 51 hours and $19,839. 

The estimate of average burden hours 

is made solely for the purposes of the 

Paperwork Reduction Act. The estimate 

is based on communications with 

industry representatives, and is not 

derived from a comprehensive or even 

a representative survey or study. 

The collection of information on Form 

N–CR is mandatory for any fund that 

holds itself out as a money market fund 

in reliance on rule 2a–7. Responses will 

not be kept confidential. 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 the background 

documentation for this information 

collection at the following website, 

www.reginfo.gov. Comments should be 

directed to: (i) Desk Officer for the 

Securities and Exchange Commission, 

Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, Room 10102, New Executive 

Office Building, Washington, DC 20503, 

or by sending an email to: 

Lindsay.M.Abate@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 send an email to: PRA_

Mailbox@sec.gov. Written comments 

and recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

Dated: January 21, 2021. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–01666 Filed 1–25–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meetings 

TIME AND DATE: Notice is hereby given, 

pursuant to the provisions of the 

Government in the Sunshine Act, Public 

Law 94–409, that the Securities and 

Exchange Commission Small Business 

Capital Formation Advisory Committee 

will hold a public meeting on Friday, 

January 29, 2021, via videoconference. 

PLACE: The meeting will begin at 10:00 

a.m. (ET) and will be open to the public. 

The meeting will be conducted by 

remote means (videoconference) and/or 

at the Commission’s headquarters, 100 F 

Street NE, Washington, DC 20549. 

Members of the public may watch the 

webcast of the meeting on the 

Commission’s website at www.sec.gov. 

STATUS: On January 11, 2021, the 

Commission published notice of the 

Committee meeting (Release No. 33– 

10919), indicating that the meeting is 

open to the public and inviting the 

public to submit written comments to 

the Committee. This Sunshine Act 

notice is being issued because a majority 

of the Commission may attend the 

meeting. 

MATTER TO BE CONSIDERED: The agenda 

for the meeting includes matters relating 

to rules and regulations affecting small 

and emerging businesses and their 

investors under the federal securities 

laws. 

CONTACT PERSON FOR MORE INFORMATION: 

For further information and to ascertain 

what, if any, matters have been added, 

deleted or postponed; please contact 

Vanessa A. Countryman from the Office 

of the Secretary at (202) 551–5400. 

Dated: January 22, 2021. 

Vanessa A. Countryman, 

Secretary. 

[FR Doc. 2021–01797 Filed 1–22–21; 4:15 pm] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–90947; File No. SR–NYSE– 

2021–02] 

Self-Regulatory Organizations; New 

York Stock Exchange LLC; Notice of 

Filing and Immediate Effectiveness of 

Proposed Rule Change To Amend Its 

Price List 

January 19, 2021. 

Pursuant to Section 19(b)(1) 1 of the 

Securities Exchange Act of 1934 (the 

‘‘Act’’),2 and Rule 19b–4 thereunder,3

notice is hereby given that on January 4, 

2021, New York Stock Exchange LLC 

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

the Securities and Exchange 

Commission (the ‘‘Commission’’) the 

proposed rule change as described in 

Items I, II, and III below, which Items 

have been prepared by the selfregulatory 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 its 

Price List to (1) provide an alternative 

way to qualify for the adding tier for 

MPL orders; (2) eliminate current 

Adding Tier 4 and Step Up Tier 3; (3) 

introduce a new Step Up Adding Tier 4; 

(4) restrict Supplemental Liquidity 

Providers (‘‘SLP’’) National Best Bid and 

Offer (‘‘NBBO’’) Setter pricing tier 

credits to member organizations that are 

SLPs; and (5) eliminate the optional 

monthly per security credit payable to 

Designated Market Makers (‘‘DMMs’’) 

and make related non-substantive 

conforming changes. The Exchange 

proposes to implement the fee changes 

effective January 4, 2021. The proposed 

rule change is available on the 

Exchange’s website at www.nyse.com, at 

the principal office of the Exchange, and 

at the Commission’s Public Reference 

Room.