14428 Federal Register / Vol. 80, No. 53 / Thursday, March 19, 2015 / Notices 

6 15 U.S.C. 78f(b)(8). 7 15 U.S.C. 78s(b)(3)(A)(ii). 8 17 CFR 200.30–3(a)(12). 

The Exchange believes that the 

proposed change to the QMM Program 

in NASDAQ Rule 7014(e)(1) of only 

having Tape A and Tape B securities be 

eligible to receive the additional QMM 

rebate of $0.0002 per share executed 

with respect to orders that are executed 

at a price of $1 or more and that meet 

the Additional QMM Rebate Criteria, is 

reasonable because the Exchange 

believes that firms no longer need the 

additional incentive to quote at the 

NBBO in Nasdaq-listed securities 

(‘‘Tape C’’). The Exchange also believes 

this change is consistent with a fair 

allocation of a reasonable fee and not 

unfairly discriminatory because the 

additional rebate only applying to Tape 

A and Tape B securities will apply 

uniformly to all QMM members. 

The Exchange also believes that the 

proposed change to the QMM Program 

in NASDAQ Rule 7014(e)(2) of only 

having Tape A and Tape B securities 

receive the additional QMM credit of 

$0.0001 per share executed with respect 

to all other displayed orders (other than 

Designated Retail Orders, as defined in 

Rule 7018) in securities priced at $1 or 

more per share that provide liquidity 

and that are entered through a QMM 

MPID is reasonable because the 

Exchange believes that firms no longer 

need the additional incentive to quote 

in Tape C. 

The Exchange also believes that this 

change is consistent with a fair 

allocation of a reasonable fee and not 

unfairly discriminatory because the 

additional QMM credit only applying to 

Tape A and Tape B securities will apply 

uniformly to all QMM members. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

NASDAQ does not believe that the 

proposed rule changes will result in any 

burden on competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act, as amended.6

NASDAQ notes that it operates in a 

highly competitive market in which 

market participants can readily favor 

competing venues if they deem fee 

levels at a particular venue to be 

excessive, or rebate opportunities 

available at other venues to be more 

favorable. In such an environment, 

NASDAQ must continually adjust its 

fees to remain competitive with other 

exchanges and with alternative trading 

systems that have been exempted from 

compliance with the statutory standards 

applicable to exchanges. Because 

competitors are free to modify their own 

fees in response, and because market 

participants may readily adjust their 

order routing practices, 

NASDAQ believes that the degree to 

which fee changes in this market may 

impose any burden on competition is 

extremely limited or even non-existent. 

In this instance, the changes to credits 

for the ISP and QMM programs do not 

impose a burden on competition 

because these NASDAQ incentive 

programs remain in place, still offer 

economically advantageous credits, and 

are reflective of the need for exchanges 

to offer and to let the financial 

incentives to attract order flow evolve. 

While the Exchange does not believe 

that the proposed changes will result in 

any burden on competition, if the 

changes proposed herein are 

unattractive to market participants it is 

likely that NASDAQ will lose market 

share as a result. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants or Others 

Written comments were neither 

solicited nor received. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing change has become 

effective pursuant to section 

19(b)(3)(A)(ii) of the Act.7 At any time 

within 60 days of the filing of the 

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 to determine 

whether the proposed rule 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– 

NASDAQ–2015–020 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–NASDAQ–2015–020. 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 Web site (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 Web site 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 such 

filing also will also be available for 

inspection and copying at the principal 

office of the Exchange. All comments 

received will be posted without change; 

the Commission does not edit personal 

identifying information from 

submissions. You should submit only 

information that you wish to make 

available publicly. All submissions 

should refer to File Number SR– 

NASDAQ–2015–020, and should be 

submitted on or before April 9, 2015. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.8

Brent J. Fields, 

Secretary. 

[FR Doc. 2015–06264 Filed 3–18–15; 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, 

Washington, DC 20549–2736. 

Extension: Rule 15g-3, 

SEC File No. 270–346, OMB Control No. 

3235–0392. 


Rmajette on DSK2VPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 53 / Thursday, March 19, 2015 / Notices 14429 

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 existing collection of 

information provided for in Rule 15g3—Broker or dealer disclosure of 

quotations and other information 

relating to the penny stock market (17 

CFR 240.15g-3) under the Securities 

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

seq.). 

Rule 15g-3 requires that brokers and 

dealers disclose to customers current 

quotation prices or similar market 

information in connection with 

transactions in penny stocks. The 

purpose of the rule is to increase the 

level of disclosure to investors 

concerning penny stocks generally and 

specific penny stock transactions. 

The Commission estimates that 

approximately 221 broker-dealers will 

spend an average of 87 hours annually 

to comply with this rule. Thus, the total 

compliance burden is approximately 

19,245 burden-hours per year. 

Rule 15g-3 contains record retention 

requirements. Compliance with the rule 

is mandatory. The required records are 

available only to the examination staff 

of the Commission and the self 

regulatory organizations of which the 

broker-dealer is a member. 

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, Director/Chief Information 

Officer, Securities and Exchange 

Commission, c/o Remi Pavlik-Simon, 

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: March 13, 2015. 

Brent J. Fields, 

Secretary. 

[FR Doc. 2015–06314 Filed 3–18–15; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

Data Collection Available for Public 

Comments 

ACTION: 60-day notice and request for 

comments. 

SUMMARY: The Small Business 

Administration (SBA) intends to request 

approval, from the Office of 

Management and Budget (OMB) for the 

collection of information described 

below. The Paperwork Reduction Act 

(PRA) of 1995, 44 U.S.C. Chapter 35 

requires federal agencies to publish a 

notice in the Federal Register 

concerning each proposed collection of 

information before submission to OMB, 

and to allow 60 days for public 

comment in response to the notice. This 

notice complies with that requirement. 

DATES: Submit comments on or before 

May 18, 2015. 

ADDRESSES: Send all comments to 

Barbara Brannan, Special Assistant, 

Office of Surety Guarantee, Small 

Business Administration, 409 3rd Street, 

8th Floor, Washington, DC 20416. 

FOR FURTHER INFORMATION CONTACT: 

Barbara Brannan, Special Assistant, 

Office of Surety Guarantee, 

Barbara.brannan@sba.gov 202–205– 

6545, or Curtis B. Rich, Management 

Analyst, 202–205–7030, curtis.rich@

sba.gov. 

SUPPLEMENTARY INFORMATION: Small 

Business Administration (SBA) Surety 

Bond Guarantee Program was created to 

encourage surety companies to provide 

bonding for small contractors. The 

information collected on this form from 

small businesses and surety companies 

will be used to evaluate the eligibility of 

applicants for contracts up to $250,000. 

Solicitation of Public Comments: SBA 

is requesting comments on (a) Whether 

the collection of information is 

necessary for the agency to properly 

perform its functions; (b) whether the 

burden estimates are accurate; (c) 

whether there are ways to minimize the 

burden, including through the use of 

automated techniques or other forms of 

information technology; and (d) whether 

there are ways to enhance the quality, 

utility, and clarity of the information. 

Summary of Information Collection: 

Title: Quick Bond Guarantee 

Application and Agreement. 

Description of Respondents: Surety 

Companies. 

Form Number: SBA Form 990A. 

Total Estimated Annual Responses: 

4,450. 

Total Estimated Annual Hour Burden: 

369. 

Curtis B. Rich, 

Management Analyst. 

[FR Doc. 2015–06328 Filed 3–18–15; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #14239 and #14240] 

California Disaster #CA–00233 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Notice. 

SUMMARY: This is a notice of an 

Administrative declaration of a disaster 

for the State of California dated 03/11/ 

2015. 

Incident: Round Fire. 

Incident Period: 02/06/2015 through 

02/12/2015. 

Dates: Effective Date: 03/11/2015. 

Physical Loan Application Deadline 

Date: 05/11/2015. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 12/11/2015. 

ADDRESSES: Submit completed loan 

applications to: U.S. Small Business 

Administration, Processing and 

Disbursement Center, 14925 Kingsport 

Road, Fort Worth, TX 76155. 

FOR FURTHER INFORMATION CONTACT: A. 

Escobar, Office of Disaster Assistance, 

U.S. Small Business Administration, 

409 3rd Street SW., Suite 6050, 

Washington, DC 20416. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that as a result of the 

Administrator’s disaster declaration, 

applications for disaster loans may be 

filed at the address listed above or other 

locally announced locations. 

The following areas have been 

determined to be adversely affected by 

the disaster: 

Primary Counties: Mono. 

Contiguous Counties: 

California: Alpine, Fresno, Inyo, 

Madera, Tuolumne. 

Nevada: Douglas, Esmeralda, Lyon, 

Mineral. 

The Interest Rates are: 

Percent 

For Physical Damage: 

Homeowners With Credit Available Elsewhere ...................... 3.625 

Homeowners Without Credit 

Available Elsewhere .............. 1.813 

Businesses With Credit Available Elsewhere ...................... 6.000 

Businesses Without Credit 

Available Elsewhere .............. 4.000 

Non-Profit Organizations With 

Credit Available Elsewhere ... 2.625 


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