Federal Register / Vol. 83, No. 16 / Wednesday, January 24, 2018 / Notices 3371 

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

2 17 CFR 240.19b–4. 

3The Commission notes that throughout this 

Notice we have used the term ‘‘SPAC’’ or ‘‘SPACs.’’ 

These terms have the same meaning as an 

‘‘Acquisition Company’’ or ‘‘AC’’ which is the term 

used by NYSE in its current proposed rule filing 

and rule text. 

to help determine the subject’s 

eligibility for employment or security 

clearance, and request that the source 

complete the form to help in this 

determination. Generally, the subject of 

the investigation will identify these 

employment references, associates, and 

schools on his or her SF 85, SF 85P, or 

SF 86 questionnaire. 

OPM proposes the following 

modifications to the INV 40, INV 41, 

INV 42, INV 43 and INV 44. On all of 

the forms, an explanation was added to 

address the need to have the forms 

completed and returned as soon as 

possible. The Privacy Act Information 

section changed from, ‘‘The information 

you provide, including your identity, 

will be disclosed to the person being 

investigated and other federal agencies, 

at this person’s request’’ to ‘‘The 

information you provide, including your 

identity, will be furnished to the agency 

requesting the investigation, other 

agencies as warranted, and to the person 

investigated upon his or her specific 

request. Routine uses for disclosure of 

investigative records are published in 

the Federal Register at 81 FR 70194– 

95.’’ The INV 41 and INV 43, 

Instruction, ‘‘Your name has been 

provided by the person’’ was amended 

to ‘‘Your contact information was 

provided by the person.’’ The INV 41, 

42, 43, and 44 were amended to refer to 

the purpose of the investigations as 

‘‘eligibility for employment or security 

clearance’’ for uniformity. The INV 41 

and INV 42 Privacy Act Information, 

‘‘Providing additional information on 

this form will void your request for 

confidentiality’’ was removed. Specific 

instructions for requesting 

confidentiality are provided in block 6 

on the INV 41 and block 8 on the INV 

42. Changes were made to OPM’s form 

processing options found on the INV 40, 

INV 41, INV 43, and INV 44. 

Modifications were made to clarify the 

use of the ‘‘additional information’’ 

section on the INV 41, INV 42, INV 43, 

and INV 44. 

In an effort to align the collection of 

information obtained through written 

inquiries and the collection of 

information disclosed by the subject of 

the background investigation on the 

standard form questionnaires, the 

following changes were made. INV 41 

(#2) (e) ‘‘Fired for unfavorable 

employment or conduct’’ was amended 

to ‘‘Fired’’; (f) ‘‘Resigned after informed 

of possible firing’’ was amended to 

‘‘Quit after being told they would be 

fired’’; (g) ‘‘Left employment by mutual 

agreement due to specific problems’’ 

was amended to ‘‘Left by mutual 

agreement following charges or 

allegations of misconduct’’; and (h) ‘‘left 

by mutual agreement following notice of 

unsatisfactory performance.’’ was 

added. INV 41 (#2) and INV 42 (#7) 

‘‘abuse of drugs’’ was amended to 

‘‘abuse/illegal use of drugs.’’ 

Analysis 

Agency: NBIB, Office of Personnel 

Management. 

Title: General Request for 

Investigative Information (INV 40), 

Investigative Request for Employment 

Data and Supervisor Information (INV 

41), Investigative Request for Personal 

Information (INV 42), Investigative 

Request for Educational Registrar and 

Dean of Students Record Data (INV 43), 

and Investigative Request for Law 

Enforcement Data (INV 44). 

OMB Number: 3206–0165. 

Affected Public: Forms are not used 

for any purpose other than a personnel 

background investigation. The 

completed forms are maintained by 

OPM and are subject to the protections 

of the Privacy Act of 1974, as amended. 

Procedurally, the subject of a 

personnel background investigation 

discloses the identity of relevant 

sources, such as supervisors, coworkers, 

neighbors, friends, current or former 

spouses, instructors, relatives, or 

schools attended, on the standard form 

(SF) 85, Questionnaire for Non-Sensitive 

Positions; the SF 85P, Questionnaire for 

Public Trust Positions; or the SF 86, 

Questionnaire for National Security 

Positions. After OPM receives a 

completed SF 85, SF 85P, or SF 86, the 

INV forms are distributed to the 

provided source contacts through an 

automated mailing operation. 

The INV 40 is used to collect records 

from a Federal or State record repository 

or a credit bureau. The INV 44 is used 

to collect law enforcement data from a 

criminal justice agency. The INV 41, 42, 

and 43 are sent to employment 

references, associates, and educational 

institutions attended. The forms 

disclose that the source’s name was 

provided by the subject to assist in 

completing a background investigation 

to help determine the subject’s 

eligibility for employment or security 

clearance, and request that the source 

complete the form to help in this 

determination. Generally, the subject of 

the investigation will identify these 

employment references, associates, and 

schools on his or her SF 85, SF 85P, or 

SF 86 questionnaire. If information is 

omitted on the questionnaire, however, 

the information may be provided in a 

follow-up contact between the subject 

and an investigator. 

Number of Respondents: 5,682,744 

(58,071 (INV 40); 3,358,486 (INV 41); 

56,090 (INV 42); 855,051 (INV 43); 

1,355,046 (INV 44)) 

Estimated Time per Respondent: 5 

minutes per form (INV 40, INV 41, INV 

42, INV 43, INV 44) 

Total Burden Hours: 473,562 (4,839 

(INV 40); 279,874 (INV 41); 4,674 (INV 

42); 71,254 (INV 43); 112,921 (INV 44)) 

Office of Personnel Management. 

Kathleen M. McGettigan, 

Acting Director. 

[FR Doc. 2018–01258 Filed 1–23–18; 8:45 am] 

BILLING CODE 6325–53–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–82531; File No. SR–NYSE– 

2017–53] 

Self-Regulatory Organizations; New 

York Stock Exchange LLC; Notice of 

Designation of a Longer Period for 

Commission Action on a Proposed 

Rule Change To Amend the Listed 

Company Manual for Special Purpose 

Acquisition Companies To Lower the 

Initial Holders Requirement From 300 

to 150 Round Lot Holders and To 

Eliminate Completely the 300 Public 

Stockholders Continued Listing 

Requirement, To Require at Least $5 

Million in Net Tangible Assets for Initial 

and Continued Listing, and To Impose 

a 30-Day Deadline To Demonstrate 

Compliance With the Initial Listing 

Requirements Following a Business 

Combination 

January 18, 2018. 

On November 16, 2017, New York 

Stock Exchange LLC (‘‘NYSE’’ or 

‘‘Exchange’’) 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 

amend the Listed Company Manual for 

Special Purpose Acquisition Companies 

(‘‘SPACs’’) 3 to lower the initial holders 

requirement from 300 to 150 round lot 

holders and to eliminate the continued 

listing requirement of 300 public 

stockholders completely, to require at 

least $5 million in net tangible assets for 

initial listing and continued listing, and 

to impose a 30-day deadline to 

demonstrate compliance with initial 

listing requirements following a 


daltland on DSKBBV9HB2PROD with NOTICES
3372 Federal Register / Vol. 83, No. 16 / Wednesday, January 24, 2018 / Notices 

4See Securities Exchange Act Release No. 82180 

(November 30, 2017), 82 FR 57632 (December 6, 

2017) (‘‘Notice’’). 

5See Letters to Brent J. Fields, Secretary, 

Commission, from Michael Kitlas, dated November 

30, 2017 (‘‘Kitlas Letter’’) and Jeffrey P. Mahoney, 

General Counsel, Council of Institutional Investors, 

dated December 20, 2017 (‘‘CII Letter’’). 

6 15 U.S.C. 78s(b)(2). 

7 Id. 

8 17 CFR 200.30–3(a)(31). 

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

2 17 CFR 240.19b–4. 

3The proposed rule change makes corresponding 

changes to the following rules to delete references 

to ROS and the rule proposed to be deleted: Rules 

6.6, 6.18, 6.25(b)(1), 6.73(c), 8.60(c)(7) and 

Interpretation and Policy .02, 21.11, 22.11, and 

24.13. 

4The proposed rule change makes corresponding 

changes to the following rules to delete references 

to ROS and the rule proposed to be deleted: Rules 

1.1(fff) and (ggg), 6.2, 6.6, 6.18, 6.25(b)(1), 8.60(c)(7) 

and Interpretation and Policy .02, 22.11, 24.13. 

Because the proposed rule change deletes both 

Rules 6.2 and 6.2A, the proposed rule change also 

renumbers Rule 6.2B to be Rule 6.2, and makes 

corresponding changes throughout the Rules. 

business combination. The proposed 

rule change was published for comment 

in the Federal Register on December 6, 

2017.4 The Commission received two 

comments on the proposal.5

Section 19(b)(2) of the Act 6 provides 

that within 45 days of the notice 

publication of the filing of a proposed 

rule change, or within such longer 

period up to 90 days as the Commission 

may designate if it finds such longer 

period to be appropriate and publishes 

its reasons for so finding, or as to which 

the self-regulatory organization 

consents, the Commission shall either 

approve the proposed rule change, 

disapprove the proposed rule change, or 

institute proceedings to determine 

whether the proposed rule change 

should be disapproved. The 45th day 

after publication of the notice for this 

proposed rule change is January 20, 

2018. The Commission is extending this 

45-day time period. 

The Commission finds it appropriate 

to designate a longer period within 

which to take action on the proposed 

rule change so that it has sufficient time 

to consider the proposal and the 

comment letters. Accordingly, the 

Commission, pursuant to Section 

19(b)(2) of the Act,7 designates March 6, 

2018, as the date by which the 

Commission shall either approve or 

disapprove, or institute proceedings to 

determine whether to disapprove, the 

proposed rule change (File No. SR– 

NYSE–2017–53). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.8

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2018–01208 Filed 1–23–18; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–82529; File No. SR–CBOE– 

2018–003] 

Self-Regulatory Organizations; Cboe 

Exchange, Inc.; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change To Delete Obsolete Rules 

January 18, 2018. 

Pursuant to Section 19(b)(1) of the 

Securities Exchange Act of 1934 

(‘‘Act’’),1 and Rule 19b–4 thereunder,2

notice is hereby given that on January 3, 

2018, Cboe Exchange, Inc. (the 

‘‘Exchange’’ or ‘‘Cboe Options’’) filed 

with the Securities and Exchange 

Commission (‘‘Commission’’) the 

proposed rule change as described in 

Items I and II below, which Items have 

been prepared by the Exchange. The 

Commission is publishing this notice to 

solicit comments on the proposed rule 

change from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to delete 

Rules that no longer apply to the 

Exchange and make other 

nonsubstantive changes to the Rules. 

The text of the proposed rule change is 

available on the Exchange’s website 

(http://www.cboe.com/AboutCBOE/ 

CBOELegalRegulatoryHome.aspx), at 

the Exchange’s Office of the Secretary, 

and at the Commission’s Public 

Reference Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

Exchange included statements 

concerning the purpose of and basis for 

the proposed rule change and discussed 

any comments it received on the 

proposed rule change. The text of these 

statements may be examined at the 

places specified in Item IV below. The 

Exchange has prepared summaries, set 

forth in sections A, B, and C below, of 

the most significant aspects of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The purpose of this rule change is to 

delete Rules that no longer apply to the 

Exchange and to make other 

nonsubstantive changes to the Rules. 

Deletion of Rules 

The Exchange proposes to delete the 

following rules and chapters from its 

rulebook: 

• Rule 2.40—Market-Maker 

Surcharge for Brokerage. Rule 2.40 

operated as a pilot program until March 

30, 2000, at which time the program 

expired (and the Exchange did not 

request renewal). The Exchange does 

not impose a surcharge on MarketMaker transactions pursuant to this rule. 

Any fees and rebates applicable to any 

Market-Maker transactions are included 

in the Cboe Options Fees Schedule. 

• Rule 6.2—Trading Rotations. Rule 

6.2 states the Exchange may use the 

procedures described in current Rules 

6.2, 6.2A, or 6.2B to conduct trading 

rotations in all options listed on the 

Exchange. Currently, the Exchange only 

uses the procedures set forth in current 

Rule 6.2B to conduct trading rotations, 

and no longer conducts trading rotations 

pursuant to current Rule 6.2. Therefore, 

this provision no longer applies to 

trading on the Exchange.3

• Rule 6.2A—Rapid Opening System 

(‘‘ROS’’). The Exchange used ROS prior 

to open options prior to implementation 

of the Exchange’s Hybrid Trading 

System, which includes the Hybrid 3.0 

Platform. Currently, all options listed on 

the Exchange trade on its Exchange’s 

Hybrid Trading System. As stated in 

Rule 6.2A, ROS does not apply to series 

trading on the Hybrid Trading System, 

which open on the Cboe Options Hybrid 

Opening System (‘‘HOSS’’) (pursuant to 

Rule 6.2B). Therefore, Rule 6.2A no 

longer applies to any options listed for 

trading on the Exchange.4

• Rules 6.8—RAES Operations and 

6.9—Automatic ORS Order Execution 

Against Booked Orders. The Exchange’s 

Retail Automatic Execution System 

(‘‘RAES’’) was an automated execution 

system feature of the Exchange’s Order 

Routing System (‘‘ORS’’) operated by 

the Exchange and that provided 

automated order execution and 

reporting services for options. RAES and 

ORS are no longer used, as all options 


daltland on DSKBBV9HB2PROD with NOTICES