8658 Federal Register / Vol. 86, No. 24 / Monday, February 8, 2021 / Notices 

1Rule 13h–1(a)(1) defines ‘‘large trader’’ as any 

person that directly or indirectly, including through 

other persons controlled by such person, exercises 

investment discretion over one or more accounts 

and effects transactions for the purchase or sale of 

any NMS security for or on behalf of such accounts, 

by or through one or more registered broker-dealers, 

in an aggregate amount equal to or greater than the 

identifying activity level or voluntarily registers as 

a large trader by filing electronically with the 

Commission Form 13H. 

2See Securities Exchange Act Release No. 64976 

(July 27, 2011), 76 FR 46959 (August 3, 2011). 

3The Commission, pursuant to Rule 17a–25 (17 

CFR 240.17a–25), currently collects transaction data 

from registered broker-dealers through the 

Electronic Blue Sheets (‘‘EBS’’) system to support 

its regulatory and enforcement activities. The large 

trader framework added two new fields, the time of 

the trade and the identity of the trader, to the EBS 

system. 

cohabitate after completing the 

Personnel Security Forms, or after 

having been granted an NRC access 

authorization or employment clearance. 

Form 354 identifies the respondent, the 

marriage, and data on the spouse and 

spouse’s parents. This information 

permits the NRC to make initial security 

determinations and to assure there is no 

increased risk to the common defense 

and security. 

Dated: February 3, 2021. 

For the Nuclear Regulatory Commission. 

David C. Cullison, 

NRC Clearance Officer, Office of the Chief 

Information Officer. 

[FR Doc. 2021–02510 Filed 2–5–21; 8:45 am] 

BILLING CODE 7590–01–P 

NUCLEAR REGULATORY 

COMMISSION 

[NRC–2021–0001] 

Sunshine Act Meetings 

TIME AND DATE: Weeks of February 8, 15, 

22, March 1, 8, 15, 2021. 

PLACE: Commissioners’ Conference 

Room, 11555 Rockville Pike, Rockville, 

Maryland. 

STATUS: Public. 

Week of February 8, 2021 

Thursday, February 11, 2021 

9:00 a.m. Discussion of NRC’s 

Regulatory Framework for Dry Cask 

Storage and Transportation of Spent 

Nuclear Fuel and Related Research 

Activities (Public Meeting) (Contact: 

Damaris Marcano: 301–415–7328) 

Additional Information: Due to 

COVID–19, there will be no physical 

public attendance. 

The public is invited to attend the 

Commission’s meeting live by webcast 

at the Web address—https://

video.nrc.gov/. 

Week of February 15, 2021—Tentative 

Thursday, February 18, 2021 

10:00 a.m. Briefing on Equal 

Employment Opportunity, 

Affirmative Employment, and Small 

Business (Public Meeting) (Contact: 

Nadim Khan: 301–415–1119) 

Additional Information: Due to 

COVID–19, there will be no physical 

public attendance. 

The public is invited to attend the 

Commission’s meeting live by webcast 

at the Web address—https://

video.nrc.gov/. 

Week of February 22, 2021—Tentative 

There are no meetings scheduled for 

the week of February 22, 2021. 

Week of March 1, 2021—Tentative 

There are no meetings scheduled for 

the week of March 1, 2021. 

Week of March 8, 2021—Tentative 

There are no meetings scheduled for 

the week of March 8, 2021. 

Week of March 15, 2021—Tentative 

There are no meetings scheduled for 

the week of March 15, 2021. 

CONTACT PERSON FOR MORE INFORMATION: 

For more information or to verify the 

status of meetings, contact Wesley Held 

at 301–287–3591 or via email at 

Wesley.Held@nrc.gov. The schedule for 

Commission meetings is subject to 

change on short notice. 

The NRC Commission Meeting 

Schedule can be found on the internet 

at: https://www.nrc.gov/public-involve/ 

public-meetings/schedule.html. 

The NRC provides reasonable 

accommodation to individuals with 

disabilities where appropriate. If you 

need a reasonable accommodation to 

participate in these public meetings or 

need this meeting notice or the 

transcript or other information from the 

public meetings in another format (e.g., 

braille, large print), please notify Anne 

Silk, NRC Disability Program Specialist, 

at 301–287–0745, by videophone at 

240–428–3217, or by email at 

Anne.Silk@nrc.gov. Determinations on 

requests for reasonable accommodation 

will be made on a case-by-case basis. 

Members of the public may request to 

receive this information electronically. 

If you would like to be added to the 

distribution, please contact the Nuclear 

Regulatory Commission, Office of the 

Secretary, Washington, DC 20555, at 

301–415–1969, or by email at 

Tyesha.Bush@nrc.gov. 

The NRC is holding the meetings 

under the authority of the Government 

in the Sunshine Act, 5 U.S.C. 552b. 

Dated: February 4, 2021. 

For the Nuclear Regulatory Commission. 

Wesley W. Held, 

Policy Coordinator, Office of the Secretary. 

[FR Doc. 2021–02672 Filed 2–4–21; 4:15 pm] 

BILLING CODE 7590–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–614, OMB Control No. 

3235–0682] 

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: 

Rule 13h–1 and Form 13H. 

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 13h–1 (17 CFR 

240.13h–1) and Form 13H—registration 

of large traders 1 submitted pursuant to 

Section 13(h) of the Securities Exchange 

Act of 1934 (15 U.S.C. 78a et seq.) 

(‘‘Exchange Act’’). The Commission 

plans to submit this existing collection 

of information to the Office of 

Management and Budget (‘‘OMB’’) for 

extension and approval. 

Rule 13h–1 and Form 13H under 

Section 13(h) of the Exchange Act 

established a large trader reporting 

framework.2 The framework assists the 

Commission in identifying and 

obtaining certain baseline information 

about traders that conduct a substantial 

amount of trading activity, as measured 

by volume or market value, in the U.S. 

securities markets. 

The identification, recordkeeping, and 

reporting framework provides the 

Commission with a mechanism to 

identify large traders and obtain 

additional information on their trading 

activity. Specifically, the system 

requires large traders to identify 

themselves to the Commission and file 

certain interim updates with the 

Commission on Form 13H. Upon receipt 

of Form 13H, the Commission issues a 

unique identification number to the 

large trader, which the large trader then 

provides to its registered broker-dealers. 

Certain registered broker-dealers are 

required to maintain transaction records 

for each large trader, and are required to 

report that information to the 

Commission upon request.3 In addition, 

certain registered broker-dealers are 

required to adopt procedures to monitor 

their customers for activity that would 


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Federal Register / Vol. 86, No. 24 / Monday, February 8, 2021 / Notices 8659 

4See 5 U.S.C. 552 and 15 U.S.C. 78m(h)(7). 

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

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

4See Rule 970.10NY. 

5A series may be considered ‘‘active’’ on an 

intraday basis if: (i) the series trades at any options 

exchange; (ii) the Exchange receives an order in the 

series; or (iii) the Exchange receives a request for 

quote from a Customer in that series.’’ See Rule 

970.1NY. 

6See Securities Exchange Act Release Nos. 59142 

(December 22, 2008), 73 FR 80494, 80501 

(December 31, 2008) (notice citing fact that Rules 

970NY and 970.1NY copy the NYSE Arca quote 

mitigation rule); 59472 (February 29, 2009), 74 FR 

9843 (March 6, 2009) (order approving adoption of 

Rules 970NY and 970.1NY) See also Securities 

Exchange Act Release Nos. 88532 (April 1, 2020), 

85 FR 19545 (April 7, 2020) (File No. 4–443) (order 

approving Amendment No. 5 to the Plan for the 

Purpose of Developing and Implementing 

Procedures to Facilitate the Listing and Trading of 

Standardized Options); 55162 (January 24, 2007), 72 

FR 4738 (February 1, 2007) (SR–Amex–2006–106) 

(approval of Penny Pilot Program and original quote 

mitigation strategy). 

trigger the identification requirements of 

the rule. 

The respondents to the collection of 

information required by Rule 13h–1 and 

Form 13H are large traders and 

registered broker-dealers. The 

Commission estimates that the total 

annual time burden associated with 

Rule 13h–1 and Form 13H is 

approximately 185,200 hours per year. 

This burden is comprised of 23,500 

hours for initial filings by large traders 

on Form 13H, 58,500 hours for updates 

by large traders, 96,000 hours for brokerdealer reporting, and 7,200 hours for 

broker-dealer monitoring. 

Compliance with Rule 13h–1 is 

mandatory. The information collection 

under proposed Rule 13h–1 is 

considered confidential subject to the 

limited exceptions provided by the 

Freedom of Information Act.4

Written comments are invited on: (a) 

Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

Commission, including whether the 

information shall have practical utility; 

(b) the accuracy of the Commission’s 

estimates of the burden of the proposed 

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. 

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: 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. 

Dated: February 3, 2021. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–02505 Filed 2–5–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–91039; File No. SR– 

NYSEAMER–2021–05] 

Self-Regulatory Organizations; NYSE 

American LLC; Notice of Filing of 

Proposed Rule Change To Amend Rule 

970NY and Rule 970.1NY To Eliminate 

the Use of Dark Series on the 

Exchange 

February 2, 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 

26, 2021, NYSE American LLC (‘‘NYSE 

American’’ 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 

Rule 970NY (Firm Quotes) and Rule 

970.1NY (Quote Mitigation) to eliminate 

the use of dark series on the Exchange. 

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. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

self-regulatory organization included 

statements concerning the purpose of, 

and basis for, the proposed rule change 

and discussed any comments it received 

on the proposed rule change. The text 

of those statements may be examined at 

the places specified in Item IV below. 

The Exchange has prepared summaries, 

set forth in sections A, B, and C below, 

of the most significant parts of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The purpose of this rule change is to 

eliminate the exclusion of inactive or 

‘‘dark’’ series (as described below) from 

the requirements of Rule 970NY (Firm 

Quotes). In addition, the Exchange 

proposes to delete Rule 970.1NY (Quote 

Mitigation) in its entirety. 

Rule 970NY describes the obligations 

of the Exchange to collect, process and 

make available to quotation vendors the 

best bid and best offer for each option 

series that is a reported security.4

However, under Rule 970.1NY, the only 

quote messages that the Exchange sends 

to Options Price Reporting Authority 

(‘‘OPRA’’) are quotes for ‘‘active’’ series, 

which are defined as any series that: (i) 

Has traded on any options exchange in 

the previous 14 calendar days; (ii) is 

solely listed on the Exchange; (iii) has 

been trading ten days or less; or (iv) is 

a series in which the Exchange has an 

order.5 Any options series that falls 

outside of the above categories of 

‘‘active’’ series are deemed inactive or 

‘‘dark’’ series. As such, under Rule 

970.1NY, the Exchange still accepts 

quotes from ATP Holders in these 

series; however, such quotes are not 

disseminated to OPRA. The Exchange 

proposes to modify Rule 970NY and to 

delete Rule 970.1NY to eliminate the 

use of ‘‘dark’’ series. 

By way of background, Rules 970NY 

and 970.1NY were adopted over a 

decade ago in conformance with the 

NYSE Arca Rule 6.86–O in connection 

with the Penny Pilot Program, which 

has since been made permanent.6 In 

2007, when NYSE Arca Rule 6.86–O 

was adopted, there were five options 

exchanges and an industry-wide 

concern about ‘‘capacity issues related 


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