132 Federal Register / Vol. 87, No. 1 / Monday, January 3, 2022 / Notices 

15For purposes only of waiving the 30-day 

operative delay, the Commission has also 

considered the proposed rule’s impact on 

efficiency, competition, and capital formation. See 

15 U.S.C. 78c(f). 16 17 CFR 200.30–3(a)(12). 

proposed rule change operative upon 

filing.15

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 

change 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–2021–102 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–2021–102. 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 website (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 website 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 the 

filing also will be available for 

inspection and copying at the principal 

office of the Exchange. All comments 

received will be posted without change. 

Persons submitting comments are 

cautioned that we do not redact or edit 

personal identifying information from 

comment submissions. You should 

submit only information that you wish 

to make available publicly. All 

submissions should refer to File 

Number SR–NASDAQ–2021–102 and 

should be submitted on or before 

January 24, 2022. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.16

Vanessa A. Countryman, 

Secretary. 

[FR Doc. 2021–28395 Filed 12–30–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–017, OMB Control No. 

3235–0017] 

Proposed Collection; Comment 

Request; Extension: Rules 6a–1 and 

6a–2, Form 1 

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 

(‘‘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 6a–1 (17 CFR 

240.6a–1), Rule 6a–2 (17 CFR 240.6a–2), 

and Form 1 (17 CFR 249.1) under the 

Securities Exchange Act of 1934 

(‘‘Exchange Act’’) (15 U.S.C. 78a et seq.). 

The Commission plans to submit this 

existing collection of information to the 

Office of Management and Budget 

(‘‘OMB’’) for extension and approval. 

The Exchange Act sets forth a 

regulatory scheme for national securities 

exchanges. Rule 6a–1 under the 

Exchange Act generally requires an 

applicant for initial registration as a 

national securities exchange to file an 

application with the Commission on 

Form 1. An exchange that seeks an 

exemption from registration based on 

limited trading volume also must apply 

for such exemption on Form 1. Rule 6a– 

2 under the Exchange Act requires 

registered and exempt exchanges: (1) To 

amend the Form 1 if there are any 

material changes to the information 

provided in the initial Form 1; and (2) 

to submit periodic updates of certain 

information provided in the initial Form 

1, whether such information has 

changed or not. The information 

required pursuant to Rules 6a–1 and 6a– 

2 is necessary to enable the Commission 

to maintain accurate files regarding the 

exchange and to exercise its statutory 

oversight functions. Without the 

information submitted pursuant to Rule 

6a–1 on Form 1, the Commission would 

not be able to determine whether the 

respondent has met the criteria for 

registration (or an exemption from 

registration) set forth in Section 6 of the 

Exchange Act. The amendments and 

periodic updates of information 

submitted pursuant to Rule 6a–2 are 

necessary to assist the Commission in 

determining whether a national 

securities exchange or exempt exchange 

is continuing to operate in compliance 

with the Exchange Act. 

Initial filings on Form 1 by 

prospective exchanges are made on a 

one-time basis. The Commission 

estimates that it will receive 

approximately one initial Form 1 filing 

per year and that each respondent 

would incur an average burden of 880 

hours to file an initial Form 1 at an 

average internal compliance cost per 

response of approximately $340,886. 

Therefore, the Commission estimates 

that the annual burden for all 

respondents to file the initial Form 1 

would be 880 hours (one response/ 

respondent × one respondent × 880 

hours/response) and an internal 

compliance cost of $340,886 (one 

response/respondent × one respondent × 

$340,886/response). 

There currently are 24 entities 

registered as national securities 

exchanges. The Commission estimates 

that each registered or exempt exchange 

files eleven amendments or periodic 

updates to Form 1 per year, incurring an 

average burden of 25 hours per 

amendment to comply with Rule 6a–2. 

The Commission estimates that the 

average internal compliance cost for a 

national securities exchange per 

response would be approximately 

$8,480. The Commission estimates that 

the annual burden for all respondents to 

file amendments and periodic updates 

to the Form 1 pursuant to Rule 6a–2 

would be 6,600 hours (24 respondents × 

25 hours/response × 11 responses/ 

respondent per year) and an internal 

compliance cost of $2,238,720 (24 

respondents × $8,480/response × 11 

responses/respondent per year). 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 87, No. 1 / Monday, January 3, 2022 / Notices 133 

The total estimated annual time 

burden associated with Rules 6a–1 and 

6a–2 is thus approximately 7,480 hours 

(880 + 6,600). 

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 John 

Pezzullo, 100 F Street NE, Washington, 

DC 20549, or send an email to: PRA_

Mailbox@sec.gov. 

Dated: December 28, 2021. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–28432 Filed 12–30–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–199, OMB Control No. 

3235–0199] 

Submission for OMB Review; 

Comment Request; Extension: Rule 

17a–5(c) 

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 

(‘‘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 17a–5(c), (17 CFR 240.17a–5(c)), 

under the Securities Exchange Act of 

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

Rule 17a–5(c) generally requires 

broker-dealers who carry customer 

accounts to provide statements of the 

broker-dealer’s financial condition to 

their customers. Paragraph (c)(5) of Rule 

17a–5 provides a conditional exemption 

from this requirement. A broker-dealer 

that elects to take advantage of the 

exemption must publish its statements 

on its website in a prescribed manner, 

and must maintain a toll-free number 

that customers can call to request a copy 

of the statements. 

The purpose of the Rule is to ensure 

that customers of broker-dealers are 

provided with information concerning 

the financial condition of the firm that 

may be holding the customers’ cash and 

securities. The Commission, when 

adopting the Rule in 1972, stated that 

the goal was to ‘‘directly’’ send a 

customer essential information so that 

the customer could ‘‘judge whether his 

broker or dealer is financially sound.’’ 

The Commission adopted the Rule in 

response to the failure of several brokerdealers holding customer funds and 

securities in the period between 1968 

and 1971. 

The Commission estimates that 

approximately 163 broker-dealer 

respondents carrying approximately 186 

million public customer accounts incur 

a burden of approximately 228,024 

hours per year to comply with the Rule. 

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 

within 30 days of publication of this 

notice to (i) >MBX.OMB.OIRA.SEC_

desk_officer@omb.eop.gov < and (ii) 

David Bottom, Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o John R. 

Pezzullo, 100 F Street NE, Washington, 

DC 20549, or by sending an email to: 

PRA_Mailbox@sec.gov. 

Dated: December 28, 2021. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–28429 Filed 12–30–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–377, OMB Control No. 

3235–0425] 

Submission for OMB Review; 

Comment Request; Extension: Form 

TH 

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 this 

request for extension of the previously 

approved collection of information 

discussed below. 

Form TH (17 CFR 239.65, 17 CFR 

249.447, 269.10 and 17 CFR 274.404) 

under the Securities Act of 1933 (15 

U.S.C. 77a et seq.), the Securities 

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

seq.), the Trust Indenture Act of 1939 

(15 U.S.C. 77aaa et seq.) and the 

Investment Company Act of 1940 (15 

U.S.C. 80a–1 et seq.) is used by 

registrants to notify the Commission 

that an electronic filer is relying on the 

temporary hardship exemption for the 

filing of a document in paper form that 

would otherwise be required to be filed 

electronically as required by Rule 201(a) 

of Regulation S–T. (17 CFR. 232.201(a)). 

Form TH is a public document and is 

filed on occasion. Form TH must be 

filed every time an electronic filer 

experiences unanticipated technical 

difficulties preventing the timely 

preparation and submission of a 

required electronic filing. 

Approximately 5 registrants file Form 

TH and it takes an estimated 0.33 hours 

per response for a total annual burden 

of 2 hours (0.33 hours per response × 5 

responses). 

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 

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 

within 30 days of publication of this 

notice to (i) www.reginfo.gov/public/do/ 


khammond on DSKJM1Z7X2PROD with NOTICES