Federal Register / Vol. 83, No. 143 / Wednesday, July 25, 2018 / Notices 35301 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 82549 

(January 19, 2018), 83 FR 3846. 

4 15 U.S.C. 78s(b)(2). 

5See Securities Exchange Act Release No. 82824, 

83 FR 10934 (March 13, 2018). The Commission 

designated April 26, 2018, as the date by which the 

Commission shall approve or disapprove, or 

institute proceedings to determine whether to 

disapprove, the proposed rule change. 

6See letters from: (1) Terence W. Norman, 

Founder, Blue Tractor Group, LLC, dated February 

6, 2018; (2) Simon P. Goulet, Co-Founder, Blue 

Tractor Group, LLC, dated February 13, 2018; (3) 

Todd J. Broms, Chief Executive Officer, Broms & 

Company LLC, dated February 16, 2018; (4) Kevin 

S. Haeberle, Associate Professor of Law, William & 

Mary Law School, dated February 16, 2018; and (5) 

Gary L. Gastineau, President, ETF Consultants.com, 

Inc., dated March 6, 2018. The comment letters are 

available at https://www.sec.gov/comments/srnysearca-2018-04/nysearca201804.htm. 

7 15 U.S.C. 78s(b)(2)(B). 

8See Securities Exchange Act Release No. 83120, 

83 FR 19371 (May 2, 2018). 

9See letters from: (1) Terence W. Norman, 

Founder, Blue Tractor Group, LLC, dated May 8, 

2018 and (2) Kevin S. Haeberle, Associate Professor 

of Law, William & Mary Law School, dated June 6, 

2018. The comment letters are available on the 

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

comments/sr-nysearca-2018-04/nysearca

201804.htm. 

10 15 U.S.C. 78s(b)(2). 

11See supra note 3. 

12 15 U.S.C. 78s(b)(2). 

13 17 CFR 200.30–3(a)(57). 

would be required to complete only 

questions 1 through 3 and the signature 

section of amended Form TA–2, which 

the Commission estimates would take 

each registrant approximately 30 

minutes, for a total burden of 17 hours 

(34 × .5 hours). Approximately 26.5% of 

registrants (or 99 registrants) would be 

required to answer questions 1 through 

5, question 11 and the signature section, 

which the Commission estimates would 

take approximately 1 hour and 30 

minutes, for a total of 148.5 hours (99 

× 1.5 hours). Approximately 64.2% of 

the registrants (or 239 registrants) would 

be required to complete the entire Form 

TA–2, which the Commission estimates 

would take approximately 6 hours, for 

a total of 1,434 hours (239 × 6 hours). 

The aggregate annual burden on all 373 

registered transfer agents is thus 

approximately 1,599.5 hours (17 hours + 

148.5 hours + 1,434 hours) and the 

average annual burden per transfer 

agent is approximately 3.8 hours (1,434 

÷ 373). 

This rule does not involve the 

collection of confidential information. 

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. 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: Shagufta_

Ahmed@omb.eop.gov; and (ii) Pamela 

Dyson, Director/Chief Information 

Officer, Securities and Exchange 

Commission, c/o Candace Kenner, 100 F 

Street NE, Washington, DC 20549, or by 

sending an email to: PRA_Mailbox@

sec.gov. Comments must be submitted to 

OMB within 30 days of this notice. 

Dated: July 19, 2018. 

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2018–15851 Filed 7–24–18; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–83676; File No. SR– 

NYSEArca–2018–04] 

Self-Regulatory Organizations; NYSE 

Arca, Inc.; Notice of Designation of a 

Longer Period for Commission Action 

on Proceedings To Determine Whether 

To Approve or Disapprove a Proposed 

Rule Change To Adopt a New NYSE 

Arca Rule 8.900–E and To List and 

Trade Shares of the Royce 

Pennsylvania ETF, Royce Premier ETF, 

and Royce Total Return ETF Under 

Proposed NYSE Arca Equities Rule 

8.900–E 

July 20, 2018. 

On January 8, 2018, NYSE Arca, Inc. 

(‘‘Exchange’’ or ‘‘NYSE Arca’’) 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 to adopt new NYSE Arca Rule 

8.900–E to permit it to list and trade 

Managed Portfolio Shares. The 

Exchange also proposed to list and trade 

shares of Royce Pennsylvania ETF, 

Royce Premier ETF, and Royce Total 

Return ETF under proposed NYSE Arca 

Rule 8.900–E. The proposed rule change 

was published for comment in the 

Federal Register on January 26, 2018.3

On March 7, 2018, 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 The Commission received 

five comment letters on the proposed 

rule change.6 On April 26, 2018, the 

Commission instituted proceedings 

under Section 19(b)(2)(B) of the Act 7 to 

determine whether to approve or 

disapprove the proposed rule change.8

Since then, the Commission has 

received two additional comments on 

the proposed rule change.9

Section 19(b)(2) of the Act 10 provides 

that, after initiating 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, however, may extend the 

period for issuing an order approving or 

disapproving the proposed rule change 

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 January 26, 2018.11 July 25, 

2018, is 180 days from that date, and 

September 23, 2018, 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 and the issues 

raised in the comment letters that have 

been submitted in connection therewith. 

Accordingly, the Commission, pursuant 

to Section 19(b)(2) of the Act,12

designates September 23, 2018, as the 

date by which the Commission should 

either approve or disapprove the 

proposed rule change (File No. SR– 

NYSEArca–2018–04). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.13

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2018–15900 Filed 7–24–18; 8:45 am] 

BILLING CODE 8011–01–P 


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