74554 Federal Register / Vol. 88, No. 209 / Tuesday, October 31, 2023 / Notices 

1These matters are higher margin levels, fraud or 

manipulation, recordkeeping, reporting, listing 

standards, or decimal pricing for security futures 

products; sales practices for security futures 

products for persons who effect transactions in 

security futures products; or rules effectuating the 

obligation of Security Futures Product Exchanges 

and Limited Purpose National Securities 

Associations to enforce the securities laws. See 15 

U.S.C. 78s(b)(7)(A). 

2See Securities Exchange Act Release No. 57526 

(March 19, 2008), 73 FR 16179 (March 27, 2008). 

3There are currently two Security Futures 

Product Exchanges and one Limited Purpose 

National Securities Association, the National 

Futures Association. One of the Security Futures 

Product Exchanges, however, is conditionally 

exempted from filing proposed rule changes using 

Form 19b–7. Therefore, there are currently two 

respondents to Form 19b–7. 

4This estimate is the sum of the total industry (2 

respondents) burden hours for rule filings (50 

hours), updating and posting rule changes (2 hours) 

and updating rules (16 hours). 

5This estimate is based on 2 responses × $5,555 

per response equals $11,110 per respondent per 

year and 2 respondents × $11,110 equals $22,220 

or the total industry cost per year. 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–495, OMB Control No. 

3235–0553] 

Submission for OMB Review; 

Comment Request; Extension: Rule 

19b–7 and Form 19b–7 

Upon Written Request, Copies Available 

From Securities and Exchange 

Commission, Office of FOIA Services, 

100 F Street NE, Washington, DC 

20549–2736 

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’’) has submitted to the 

Office of Management and Budget 

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

previously approved collection of 

information discussed below. 

The Exchange Act provides a 

framework for self-regulation under 

which various entities involved in the 

securities business, including national 

securities exchanges and national 

securities associations (collectively, selfregulatory organizations or ‘‘SROs’’), 

have primary responsibility for 

regulating their members or 

participants. The role of the 

Commission in this framework is 

primarily one of oversight; the Exchange 

Act charges the Commission with 

supervising the SROs and assuring that 

each complies with and advances the 

policies of the Exchange Act. 

The Exchange Act was amended by 

the Commodity Futures Modernization 

Act of 2000 (‘‘CFMA’’). Prior to the 

CFMA, federal law did not allow the 

trading of futures on individual stocks 

or on narrow-based stock indexes 

(collectively, ‘‘security futures 

products’’). The CFMA removed this 

restriction and provided that trading in 

security futures products would be 

regulated jointly by the Commission and 

the Commodity Futures Trading 

Commission (‘‘CFTC’’). 

The Exchange Act requires all SROs 

to submit to the SEC any proposals to 

amend, add, or delete any of their rules. 

Certain entities (Security Futures 

Product Exchanges) would be noticeregistered national securities exchanges 

only because they trade security futures 

products. Similarly, certain entities 

(Limited Purpose National Securities 

Associations) would be limited-purpose 

national securities associations only 

because their members trade security 

futures products. The Exchange Act, as 

amended by the CFMA, established a 

procedure for Security Futures Product 

Exchanges and Limited Purpose 

National Securities Associations to 

provide notice of proposed rule changes 

relating to certain matters.1 Rule 19b–7 

and Form 19b–7 implemented this 

procedure. Effective April 28, 2008, the 

SEC amended Rule 19b–7 and Form 

19b–7 to require that Form 19b–7 be 

submitted electronically.2

The collection of information is 

designed to provide the Commission 

with the information necessary to 

determine, as required by the Exchange 

Act, whether the proposed rule change 

is consistent with the Exchange Act and 

the rules thereunder. The information is 

used to determine if the proposed rule 

change should remain in effect or be 

abrogated. 

The respondents to the collection of 

information are SROs.3 The estimated 

total industry burden per year for rule 

changes, updating and posting rule 

changes and updating the online 

rulebook is 68 burden hours.4 The total 

estimated internal cost of compliance 

for a respondent for legal and paralegal 

work related to filings is $11,110 per 

year and the total industry internal cost 

of compliance is $22,220 per year.5 In 

the proposed extension, there is no 

change to the burden hour estimate per 

respondent. However, there is a 

decrease in the total burden hours 

because the Commission now estimates 

that there are two respondents instead 

of three respondents in 2020 (a decrease 

of on respondent). Thus, the net change 

in estimated total aggregate burden 

hours decreased from 102 to 68 

(reduction of 34 burden hours). 

Similarly, with respect to the internal 

dollar cost burden of respondents, the 

total industry internal dollar costs have 

decreased overall due to one less 

respondent. The total industry internal 

cost of compliance decreased from $30, 

300 to $22,220. 

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 by 

November 30, 2023 to (i) 

www.reginfo.gov/public/do/PRAMain 

and (ii) David Bottom, Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o John 

Pezzullo, 100 F Street NE, Washington, 

DC 20549, or by sending an email to: 

PRA_Mailbox@sec.gov. 

Dated: October 26, 2023. 

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2023–23978 Filed 10–30–23; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #20016 and #20017; 

PENNSYLVANIA Disaster Number PA– 

20001] 

Administrative Declaration of a 

Disaster for the Commonwealth of 

Pennsylvania 

AGENCY: Small Business Administration. 

ACTION: Notice. 

SUMMARY: This is a notice of an 

Administrative declaration of a disaster 

for the Commonwealth of Pennsylvania 

dated 10/25/2023. 

Incident: Oxford Apartment Complex 

Fire. 

Incident Period: 09/14/2023. 

DATES: Issued on 10/25/2023. 

Physical Loan Application Deadline 

Date: 12/26/2023. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 07/25/2024. 

ADDRESSES: Visit the MySBA Loan 

Portal at https://lending.sba.gov to 

apply for a disaster assistance loan. 

FOR FURTHER INFORMATION CONTACT: 

Alan Escobar, Office of Disaster 

Recovery & Resilience, U.S. Small 

Business Administration, 409 3rd Street 

SW, Suite 6050, Washington, DC 20416, 

(202) 205–6734. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that as a result of the 


lotter on DSK11XQN23PROD with NOTICES1