Federal Register / Vol. 80, No. 21 / Monday, February 2, 2015 / Notices 5591 

3 In fact, some exchanges do not file any trading 

suspension reports in a given year. 

improperly employing a trading 

suspension. Without Rule 12d2–1, the 

Commission would be unable to fully 

implement these statutory 

responsibilities. 

There are 18 national securities 

exchanges that are subject to Rule 12d2– 

1. The burden of complying with Rule 

12d2–1 is not evenly distributed among 

the exchanges, however, since there are 

many more securities listed on the New 

York Stock Exchange, Inc., the 

NASDAQ Stock Exchange, and the 

NYSEMKT LLC than on the other 

exchanges.3 However, for purposes of 

this filing, the Commission staff has 

assumed that the number of responses is 

evenly divided among the exchanges. 

There are approximately 1,600 

responses under Rule 12d2–1 for the 

purpose of suspension of trading from 

the national securities exchanges each 

year, and the resultant aggregate annual 

reporting hour burden would be, 

assuming on average one-half reporting 

hour per response, 800 annual burden 

hours for all exchanges. The related 

internal compliance costs associated 

with these burden hours are $159,200 

per year. 

The collection of information 

obligations imposed by Rule 12d2–1 is 

mandatory. The response will be 

available to the public and 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 

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 Web site: 

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, Acting Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o Remi PavlikSimon, 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: January 27, 2015. 

Brent J. Fields, 

Secretary. 

[FR Doc. 2015–01871 Filed 1–30–15; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–580, OMB Control No. 

3235–0642] 

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: Mutual Fund Interactive 

Data 

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 (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. 

Open-end management investment 

companies (‘‘funds’’) are required to 

submit to the Commission information 

included in their registration 

statements, or information included in 

or amended by post-effective 

amendments thereto, in response to 

Items 2, 3, and 4 (‘‘risk/return summary 

information’’) of Form N–1A (17 CFR 

239.15A and 274.11A) in interactive 

data format and to post it on their Web 

sites, if any, in interactive data form. In 

addition, funds are required to submit 

an interactive data file to the 

Commission for any form of prospectus 

filed pursuant to rule 497(c) or (e) (17 

CFR 230.497) under the Securities Act 

of 1933 (‘‘Securities Act’’) (15 U.S.C. 77a 

et seq.) that includes risk/return 

summary information that varies from 

the registration statement and to post 

the interactive data file on their Web 

sites, if any. 

The title for the collection of 

information for submitting risk/return 

summary information in interactive data 

format is ‘‘Mutual Fund Interactive 

Data.’’ This collection of information 

relates to regulations and forms adopted 

under the Securities Act, the Securities 

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

seq.), and the Investment Company Act 

of 1940 (15 U.S.C. 80a–1 et seq.) that set 

forth disclosure requirements for funds 

and other issuers. The purpose of the 

Mutual Fund Interactive Data 

requirements is to make risk/return 

summary information easier for 

investors to analyze and to assist in 

automating regulatory filings and 

business information processing. 

Funds are required to file an initial 

registration statement on Form N–1A 

and to update that registration statement 

annually. The Commission estimates 

that each fund will submit one 

interactive data document as an exhibit 

to a registration statement or a posteffective amendment thereto on Form 

N–1A that includes or amends 

information provided in response to 

Items 2, 3 or 4 annually. In addition, 

based on a review by Commission staff 

of Mutual Fund Interactive Data 

submissions in calendar year 2013, the 

Commission estimates that 36% of 

funds will provide risk/return summary 

information as interactive data in 

additional filings submitted pursuant to 

rule 485(b) (17 CFR 230.485(b)) or rule 

497 under the Securities Act annually. 

The Commission estimates that the 

total annual hour burden associated 

with tagging risk/return summary 

information is approximately 11 hours. 

Based on estimates of 10,559 funds each 

submitting one interactive data 

document as an exhibit to a registration 

statement or post-effective amendment 

thereto and 3,801 funds submitting an 

additional interactive data document as 

an exhibit to a filing pursuant to rule 

485(b) or rule 497, each incurring 11 

hours per year on average, the 

Commission estimates that, in the 

aggregate, the tagging of risk/return 

summary information will result in 

approximately 157,960 annual burden 

hours. In addition, the Commission 

estimates that funds will require an 

average of approximately one burden 

hour to post interactive data to their 

Web sites. Based on estimates of 10,559 

funds each posting one interactive data 

document as an exhibit to a registration 

statement or post-effective amendment 

thereto and 3,801 funds posting an 

additional interactive data document as 

an exhibit to a filing pursuant to rule 

485(b) or rule 497, each incurring one 

burden hour per year on average, the 

Commission estimates that, in the 

aggregate, Mutual Fund Interactive Data 

Web site posting requirements will 

result in approximately 14,360 annual 

burden hours. 

The Commission estimates that the 

average cost burden per fund is $890 per 

year. Based on the estimate of 10,559 

funds using software and/or consulting 

services at an annual cost of $890, the 

Commission estimates that, in the 

aggregate, the total external costs to the 

industry will be approximately $9.4 

million. 

Estimates of average burden hours are 

made solely for the purposes of the 

Paperwork Reduction Act and are not 

derived from a comprehensive or even 

representative survey or study of the 

costs of Commission rules and forms. 

The collection of information under 

the Mutual Fund Interactive Data 

mstockstill on DSK4VPTVN1PROD with NOTICES

5592 Federal Register / Vol. 80, No. 21 / Monday, February 2, 2015 / Notices 

requirements is mandatory for all funds. 

Responses to the disclosure 

requirements 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 Web site, 

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, Acting Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o Remi PavlikSimon, 100 F Street NE., Washington, 

DC 20549 or send an email to: PRA_

Mailbox@sec.gov. Comments must be 

submitted to OMB within 30 days of 

this notice. 

Dated: January 27, 2015. 

Brent J. Fields, 

Secretary. 

[FR Doc. 2015–01874 Filed 1–30–15; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

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 12f–1. SEC File No. 270–139, OMB 

Control No. 3235–0128. 

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’’) has submitted to the 

Office of Management and Budget 

(‘‘OMB’’) a request for approval of 

extension of the previously approved 

collection of information provided for in 

Rule 12f–1 (17 CFR 240.12f–1) under 

the Securities Exchange Act of 1934 (15 

U.S.C. 78a et seq.). 

Rule 12f–1 (the ‘‘Rule’’), originally 

adopted in 1934 pursuant to Sections 

12(f) and 23(a) of the Securities 

Exchange Act of 1934, as modified in 

1995 and 2005, sets forth the 

information which an exchange must 

include in an application to reinstate its 

ability to extend unlisted trading 

privileges to any security for which 

such unlisted trading privileges have 

been suspended by the Commission, 

pursuant to Section 12(f)(2)(A) of the 

Act. An application must provide the 

name of the issuer, the title of the 

security, the name of each national 

securities exchange, if any, on which 

the security is listed or admitted to 

unlisted trading privileges, whether 

transaction information concerning the 

security is reported pursuant to an 

effective transaction reporting plan 

contemplated by Rule 601 of Regulation 

NMS, the date of the Commission’s 

suspension of unlisted trading 

privileges in the security on the 

exchange, and any other pertinent 

information. Rule 12f–1 further requires 

a national securities exchange seeking to 

reinstate its ability to extend unlisted 

trading privileges to a security to 

indicate that it has provided a copy of 

such application to the issuer of the 

security, as well as to any other national 

securities exchange on which the 

security is listed or admitted to unlisted 

trading privileges. 

The information required by Rule 

12f–1 enables the Commission to make 

the necessary findings under the Act 

prior to granting applications to 

reinstate unlisted trading privileges. 

This information is also made available 

to members of the public who may wish 

to comment upon the applications. 

Without the Rule, the Commission 

would be unable to fulfill these 

statutory responsibilities. 

There are currently 18 national 

securities exchanges subject to Rule 

12f–1. The burden of complying with 

Rule 12f–1 arises when a potential 

respondent seeks to reinstate its ability 

to extend unlisted trading privileges to 

any security for which unlisted trading 

privileges have been suspended by the 

Commission, pursuant to Section 

12(f)(2)(A) of the Act. The staff estimates 

that each application would require 

approximately one hour to complete. 

Thus each potential respondent would 

incur on average one burden hour in 

complying with the Rule. 

The Commission staff estimates that 

there could be as many as 18 responses 

annually and that each respondent’s 

related cost of compliance with Rule 

12f–1 would be $199.00, or, the cost of 

one hour of professional work of a 

paralegal needed to complete the 

application. The total annual related 

reporting cost for all potential 

respondents, therefore, is $3,582 (18 

responses × $199.00 per response). 

Compliance with Rule 12f–1 is 

mandatory. Rule 12f–1 does not have a 

record retention requirement per se. 

However, responses made pursuant to 

Rule 12f–1 are subject to the 

recordkeeping requirements of Rules 

17a–3 and 17a–4 of the Act. Information 

received in response to Rule 12f–1 shall 

not be kept confidential; the information 

collected is public 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 Web site: 

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, Acting Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o Remi PavlikSimon, 100 F Street NE., Washington, 

DC 20549 or send an email to: PRA_

Mailbox@sec.gov. Comments must be 

submitted to OMB within 30 days of 

this notice. 

Dated: January 27, 2015. 

Brent J. Fields, 

Secretary. 

[FR Doc. 2015–01872 Filed 1–30–15; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release Nos. 33–9713; 34–74158, File No. 

265–27] 

Advisory Committee on Small and 

Emerging Companies 

AGENCY: Securities and Exchange 

Commission. 

ACTION: Notice of meeting. 

SUMMARY: The Securities and Exchange 

Commission Advisory Committee on 

Small and Emerging Companies is 

providing notice that it will hold an 

open, public telephone meeting on 

Tuesday, February 17, 2015, beginning 

at 2:00 p.m. EST. Members of the public 

may attend the meeting by listening to 

the webcast accessible on the 

Commission’s Web site at www.sec.gov. 

Persons needing special 

accommodations to access the meeting 

because of a disability should notify the 

contact person listed below. The agenda 

for the meeting includes consideration 

of recommendations to the Commission 

regarding the definition of ‘‘accredited 

mstockstill on DSK4VPTVN1PROD with NOTICES