46304 Federal Register / Vol. 86, No. 157 / Wednesday, August 18, 2021 / Notices 

24 15 U.S.C. 78s(b)(3)(A). 

25 17 CFR 240.19b–4(f)(2). 

26 15 U.S.C. 78s(b)(2)(B). 

27 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

3Options 1, Section 1(b)(53) provides the term 

‘‘Short Term Option Series’’ a series in an option 

class that is approved for listing and trading on the 

Exchange in which the series is opened for trading 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were solicited 

or received with respect to the proposed 

rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing rule change is effective 

upon filing pursuant to Section 

19(b)(3)(A) 24 of the Act and 

subparagraph (f)(2) of Rule 19b–4 25

thereunder, because it establishes a due, 

fee, or other charge imposed by the 

Exchange. 

At any time within 60 days of the 

filing of such 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 

under Section 19(b)(2)(B) 26 of the Act 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– 

NYSEARCA–2021–70 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–NYSEARCA–2021–70. 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–NYSEARCA–2021–70, and 

should be submitted on or before 

September 8, 2021. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.27

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–17667 Filed 8–17–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–92655; File No. SR–Phlx– 

2021–43] 

Self-Regulatory Organizations; Nasdaq 

PHLX LLC; Notice of Filing of 

Proposed Rule Change To Permit 

Monday and Wednesday Expirations 

for Options Listed Pursuant to the 

Short Term Option Series Program on 

the iShares Russell 2000 ETF (‘‘IWM’’) 

August 12, 2021. 

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 August 6, 

2021, Nasdaq PHLX LLC (‘‘Phlx’’ or 

‘‘Exchange’’) filed with the Securities 

and Exchange Commission 

(‘‘Commission’’) the proposed rule 

change as described in Items I, II, and 

III 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 permit 

Monday and Wednesday expirations for 

options listed pursuant to the Short 

Term Option Series Program on the 

iShares Russell 2000 ETF. 

The text of the proposed rule change 

is available on the Exchange’s website at 

https://listingcenter.nasdaq.com/ 

rulebook/phlx/rules, at the principal 

office of the Exchange, 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 Exchange proposes to amend 

Phlx Options 4, Section 5 at 

Supplementary Material .03 to permit 

Monday and Wednesday expirations for 

options listed pursuant to the Short 

Term Option Series Program 

(‘‘Program’’) on the iShares Russell 2000 

ETF (‘‘IWM’’). 

A Short Term Option Series means a 

series in an option class that is 

approved for listing and trading on the 

Exchange in which the series is opened 

for trading on any Monday, Tuesday, 

Wednesday, Thursday or Friday that is 

a business day and that expires on the 

Monday, Wednesday or Friday of the 

next business week, or, in the case of a 

series that is listed on a Friday and 

expires on a Monday, is listed one 

business week and one business day 

prior to that expiration.3 The Exchange 


jbell on DSKJLSW7X2PROD with NOTICES
Federal Register / Vol. 86, No. 157 / Wednesday, August 18, 2021 / Notices 46305 

on any Monday, Tuesday, Wednesday, Thursday or 

Friday that is a business day and that expires on 

the Monday, Wednesday or Friday of the next 

business week, or, in the case of a series that is 

listed on a Friday and expires on a Monday, is 

listed one business week and one business day 

prior to that expiration. If a Tuesday, Wednesday, 

Thursday or Friday is not a business day, the series 

may be opened (or shall expire) on the first business 

day immediately prior to that Tuesday, Wednesday, 

Thursday or Friday, respectively. For a series listed 

pursuant to this section for Monday expiration, if 

a Monday is not a business day, the series shall 

expire on the first business day immediately 

following that Monday. 

4See Supplementary Material .03(e) to Options 4, 

Section 5. 

5 Id. 

6See Supplementary Material .03(e) at Options 4, 

Section 5. 

7See Cboe Rule 4.13(e)(1) ‘‘. . . If the Exchange 

is not open for business on a respective Monday, 

the normally Monday expiring Weekly Expirations 

will expire on the following business day. If the 

Exchange is not open for business on a respective 

Wednesday or Friday, the normally Wednesday or 

Friday expiring Weekly Expirations will expire on 

the previous business day.’’ 

8See Phlx Options 4A, Section 12(b)(5). 

9See ISE Supplementary Material .07 to Options 

4A, Section 12. 

10See Supplementary Material .03(a) to Options 

4, Section 5. 

11 Id. 

12See current Supplementary Material .03(b) to 

Options 4, Section 5. 

proposes to amend Phlx Options 4, 

Section 5 at Supplementary Material .03 

to permit the listing of options series 

that expire on Mondays and 

Wednesdays in IWM. 

Monday Expirations 

As proposed, with respect to Monday 

IWM Expirations within Supplementary 

Material .03 to Options 4, Section 5, the 

Exchange may open for trading on any 

Friday or Monday that is a business day 

series of options on IWM to expire on 

any Monday of the month that is a 

business day and is not a Monday in 

which Quarterly Options Series on the 

same class expire (‘‘Monday IWM 

Expirations’’), provided that Monday 

IWM Expirations that are listed on a 

Friday must be listed at least one 

business week and one business day 

prior to the expiration. The Exchange 

may list up to five consecutive Monday 

IWM Expirations at one time; the 

Exchange may have no more than a total 

of five Monday IWM Expirations. 

Wednesday Expirations 

As proposed, with respect to 

Wednesday IWM Expirations within 

Supplementary Material .03 to Options 

4, Section 5, the Exchange may open for 

trading on any Tuesday or Wednesday 

that is a business day series of options 

on IWM to expire on any Wednesday of 

the month that is a business day and is 

not a Wednesday in which Quarterly 

Options Series on the same class expire 

(‘‘Wednesday IWM Expirations’’). The 

Exchange may list up to five 

consecutive Wednesday IWM 

Expirations at one time; the Exchange 

may have no more than a total of five 

Wednesday IWM Expirations and a total 

of five Wednesday IWM Expirations 

will be subject to the provisions of this 

Rule. 

Monday and Wednesday Expirations 

The interval between strike prices for 

the proposed Monday and Wednesday 

IWM Expirations will be the same as 

those for the current Short Term Option 

Series for Wednesday and Friday 

expirations applicable to the Program.4

Specifically, the Monday and 

Wednesday IWM Expirations will have 

a $0.50 strike interval minimum.5 As is 

the case with other equity options series 

listed pursuant to the Program, the 

Monday and Wednesday IWM 

Expiration series will be P.M.-settled. 

Pursuant to Options 1, Section 

1(b)(53), with respect to the Program, if 

Monday is not a business day the series 

shall expire on the first business day 

immediately following that Monday. 

This procedure differs from the 

expiration date of Wednesday 

expiration series that are scheduled to 

expire on a holiday. Pursuant to Options 

1, Section 1(b)(53) a Wednesday 

expiration series shall expire on the first 

business day immediately prior to that 

Wednesday, e.g., Tuesday of that week, 

if the Wednesday is not a business day. 

For purposes of IWM, however, the 

Exchange believes that it is preferable to 

require Monday expiration series in this 

scenario to expire on the Tuesday of 

that week rather than the previous 

business day, e.g., the previous Friday, 

since the Tuesday is closer in time to 

the scheduled expiration date of the 

series than the previous Friday, and 

therefore may be more representative of 

anticipated market conditions. Monday 

SPY and QQQ expirations 6 are treated 

in this manner today. Cboe Exchange, 

Inc. (‘‘Cboe’’) uses the same procedure 

for options on the S&P 500 index 

(‘‘SPX’’), Mini-SPX Index Options 

(‘‘XSP’’), Russell 2000 Index (‘‘RUT’’) 

and Mini-Russell 200 Index Options 

(‘‘MRUT’’) and with Monday 

expirations that are listed pursuant to its 

Nonstandard Expirations Pilot Program 

and that are scheduled to expire on a 

holiday.7 Also, Phlx 8 and Nasdaq ISE, 

LLC (‘‘ISE’’) 9 use the same procedure 

for options on the Nasdaq-100®

(‘‘NDX’’) with Monday expirations that 

are listed pursuant to its Nonstandard 

Expirations Pilot Programs, respectively. 

Currently, for each option class 

eligible for participation in the Program, 

the Exchange is limited to opening 

thirty (30) series for each expiration date 

for the specific class.10 The thirty (30) 

series restriction does not include series 

that are open by other securities 

exchanges under their respective short 

term option rules; the Exchange may list 

these additional series that are listed by 

other exchanges.11 This thirty (30) series 

restriction would apply to Monday and 

Wednesday IWM Expiration series as 

well. In addition, the Exchange will be 

able to list series that are listed by other 

exchanges, assuming they file similar 

rules with the Commission to list IWM 

options expiring on Mondays and 

Wednesdays. 

Finally, the Exchange is amending 

Supplementary Material .03(b) to 

Options 4, Section 5, which addresses 

the listing of Short Term Options Series 

that expire in the same week as monthly 

or quarterly options series. Currently, 

that rule states that no Short Term 

Option Series may expire in the same 

week in which monthly option series on 

the same class expire (with the 

exception of Monday and Wednesday 

SPY and QQQ Expirations) or, in the 

case of Quarterly Options Series, on an 

expiration that coincides with an 

expiration of Quarterly Option Series on 

the same class.12 As with Monday and 

Wednesday SPY and QQQ Expirations, 

the Exchange proposes to permit 

Monday and Wednesday IWM 

Expirations to expire in the same week 

as monthly options series on the same 

class. The Exchange believes that it is 

reasonable to extend this exemption to 

Monday and Wednesday IWM 

Expirations because Monday and 

Wednesday IWM Expirations and 

standard monthly options will not 

expire on the same trading day, as 

standard monthly options expire on 

Fridays. Additionally, the Exchange 

believes that not listing Monday and 

Wednesday IWM Expirations for one 

week every month because there was a 

monthly IWM expiration on the Friday 

of that week would create investor 

confusion. 

The Exchange does not believe that 

any market disruptions will be 

encountered with the introduction of 

P.M.-settled Monday and Wednesday 

IWM expirations. The Exchange has the 

necessary capacity and surveillance 

programs in place to support and 

properly monitor trading in the 

proposed Monday and Wednesday IWM 

Expirations. The Exchange currently 

trades P.M.-settled Short Term Option 

Series that expire Monday and 


jbell on DSKJLSW7X2PROD with NOTICES
46306 Federal Register / Vol. 86, No. 157 / Wednesday, August 18, 2021 / Notices 

13 15 U.S.C. 78f(b). 

14 15 U.S.C. 78f(b)(5). 

15See Supplementary Material .03 at Options 4, 

Section 5. 

16See note 7 above. 

17See note 8 above. 

18See note 9 above. 

19See Supplementary Material .03 at Options 4, 

Section 5. 

20See note 7 above. 

21See note 8 above. 

22See note 9 above. 

23See note 8 above. 

24See note 7 above. 

25See note 8 above. 

26See note 9 above. 

Wednesday for SPY and QQQ and has 

not experienced any market disruptions 

nor issues with capacity. Today, the 

Exchange has surveillance programs in 

place to support and properly monitor 

trading in Short Term Option Series that 

expire Monday and Wednesday for SPY 

and QQQ. 

Similar to SPY and QQQ, the 

introduction of IWM Monday and 

Wednesday expirations will, among 

other things, expand hedging tools 

available to market participants and 

continue the reduction of the premium 

cost of buying protection. The Exchange 

believes that Monday and Wednesday 

IWM expirations will allow market 

participants to purchase IWM based on 

their timing as needed and allow them 

to tailor their investment and hedging 

needs more effectively. 

Finally, the Exchange proposes to 

amend the ‘‘:’’ to a ‘‘.’’ after the title 

‘‘Short Term Options Series Program’’ 

within Supplementary Material .03 to 

Options 3, Section 5. 

Implementation 

The Exchange intends to begin 

implementation of the proposed rule 

change prior to November 1, 2021. The 

Exchange will issue an Options Trader 

Alert to Participants with the date of 

implementation. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

Section 6(b) of the Act,13 in general, and 

furthers the objectives of Section 6(b)(5) 

of the Act,14 in particular, in that it is 

designed to promote just and equitable 

principles of trade, to remove 

impediments to and perfect the 

mechanism of a free and open market 

and a national market system, and, in 

general to protect investors and the 

public interest by providing the 

investing public and other market 

participants more flexibility to closely 

tailor their investment and hedging 

decisions in IWM options, thus allowing 

them to better manage their risk 

exposure. 

In particular, the Exchange believes 

the Program has been successful to date 

and that Monday and Wednesday IWM 

Expirations should simply expand the 

ability of investors to hedge risk against 

market movements stemming from 

economic releases or market events that 

occur throughout the month in the same 

way that the Program has expanded the 

landscape of hedging. Similarly, the 

Exchange believes Monday and 

Wednesday IWM Expirations should 

create greater trading and hedging 

opportunities, as well as flexibility that 

will provide customers with the ability 

to tailor their investment objectives 

more effectively. 

Phlx currently lists Monday and 

Wednesday SPY and QQQ 

Expirations.15 Also, Cboe 16 currently 

permits Monday and Wednesday 

expirations for other options with a 

weekly expiration, such as options on 

the SPX, XSP, RUT and MRUT pursuant 

to its Nonstandard Expirations Pilot 

Program. Phlx 17 and ISE 18 currently 

permit Monday and Wednesday 

expirations for other options with a 

weekly expiration on NDX pursuant to 

its Nonstandard Expirations Pilot 

Programs, respectively. 

With the exception of Monday 

expiration series that are scheduled to 

expire on a holiday, there are no 

material differences in the treatment of 

Monday and Wednesday IWM 

expirations for Short Term Option 

Series. The Exchange believes that it is 

consistent with the Act to treat Monday 

expiration series that expire on a 

holiday differently than Wednesday or 

Friday expiration series, since the 

proposed treatment for Monday 

expiration series will result in an 

expiration date that is closer in time to 

the scheduled expiration date of the 

series, and therefore may be more 

representative of anticipated market 

conditions. Monday SPY and QQQ 

expirations are treated in this manner 

today.19 Cboe 20 uses the same 

procedure for SPX, XSP, RUT and 

MRUT options with Monday expirations 

that are listed pursuant to its 

Nonstandard Expirations Pilot Program 

and that are scheduled to expire on a 

holiday, as do Phlx 21 and ISE 22 for 

NDX options with Monday expirations 

that are listed pursuant to their 

Nonstandard Expirations Pilot 

Programs, respectively. 

Given the similarities between 

Monday and Wednesday SPY and QQQ 

Expirations and the proposed Monday 

and Wednesday IWM Expirations, the 

Exchange believes that applying the 

provisions in Supplementary Material 

.03 to Options 4, Section 5, which 

currently apply to Monday and 

Wednesday SPY and QQQ Expirations, 

to Monday and Wednesday IWM 

Expirations is justified. For example, the 

Exchange believes that allowing 

Monday and Wednesday IWM 

Expirations and monthly IWM 

expirations in the same week will 

benefit investors and minimize investor 

confusion by providing Monday and 

Wednesday IWM Expirations in a 

continuous and uniform manner. The 

Exchange also believes that is 

appropriate to amend Supplementary 

Material .03(b) to Options 4, Section 5 

to clarify that no Short Term Option 

Series may expire on the same day as an 

expiration of Quarterly Option Series on 

the same class, same as SPY and QQQ. 

The Exchange represents that it has an 

adequate surveillance program in place 

to detect manipulative trading in 

Monday and Wednesday expirations, 

including Monday and Wednesday IWM 

Expirations, in the same way that it 

monitors trading in the current Short 

Term Option Series and trading in 

Monday and Wednesday SPY and QQQ 

Expirations. The Exchange also 

represents that it has the necessary 

systems capacity to support the new 

options series. Finally, the Exchange 

does not believe that any market 

disruptions will be encountered with 

the introduction of Monday and 

Wednesday IWM expirations. 

The Exchange’s proposal to amend 

the ‘‘:’’ to a ‘‘.’’ after the title ‘‘Short 

Term Options Series Program’’ within 

Supplementary Material .03 to Options 

3, Section 5 is a non-substantive 

technical amendment. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange does not believe that 

the proposed rule change will impose 

any burden on competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act. The 

Exchange notes that having Monday and 

Wednesday IWM expirations is not a 

novel proposal, as Monday and 

Wednesday SPY and QQQ Expirations 

are currently listed on Phlx.23 Cboe 24

uses the same procedure for SPX, XSP, 

RUT and MRUT options with Monday 

expirations that are listed pursuant to its 

Nonstandard Expirations Pilot Program 

and that are scheduled to expire on a 

holiday, as do Phlx 25 and ISE 26 for 

NDX options with Monday expirations 

that are listed pursuant to their 

Nonstandard Expirations Pilot 

Programs, respectively. 

The Exchange does not believe the 

proposal will impose any burden on 


jbell on DSKJLSW7X2PROD with NOTICES
Federal Register / Vol. 86, No. 157 / Wednesday, August 18, 2021 / Notices 46307 

27 17 CFR 200.30–3(a)(12). 

intra-market competition, as all market 

participants will be treated in the same 

manner under this proposal. 

Additionally, the Exchange does not 

believe the proposal will impose any 

burden on inter-market competition, as 

nothing prevents the other options 

exchanges from proposing similar rules 

to list and trade Short-Term Option 

Series with Monday and Wednesday 

expirations. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were either 

solicited or received. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Within 45 days of the date of 

publication of this notice in the Federal 

Register or within such longer period (i) 

as the Commission may designate up to 

90 days of such date if it finds such 

longer period to be appropriate and 

publishes its reasons for so finding or 

(ii) as to which the Exchange consents, 

the Commission shall: (a) By order 

approve or disapprove such proposed 

rule change, or (b) institute proceedings 

to determine whether the proposed rule 

change should be 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– 

Phlx–2021–43 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–Phlx–2021–43. 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–Phlx–2021–43 and should 

be submitted on or before September 8, 

2021. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.27

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–17672 Filed 8–17–21; 8:45 am] 

BILLING CODE 8011–01–P 

SOCIAL SECURITY ADMINISTRATION 

[Docket No: SSA–2021–0029] 

Agency Information Collection 

Activities: Proposed Request 

The Social Security Administration 

(SSA) publishes a list of information 

collection packages requiring clearance 

by the Office of Management and 

Budget (OMB) in compliance with 

Public Law 104–13, the Paperwork 

Reduction Act of 1995, effective October 

1, 1995. This notice includes revisions 

to an OMB-approved information 

collection. 

SSA is soliciting comments on the 

accuracy of the agency’s burden 

estimate; the need for the information; 

its practical utility; ways to enhance its 

quality, utility, and clarity; and ways to 

minimize burden on respondents, 

including the use of automated 

collection techniques or other forms of 

information technology. Mail, email, or 

fax your comments and 

recommendations on the information 

collection(s) to the OMB Desk Officer 

and SSA Reports Clearance Officer at 

the following addresses or fax numbers. 

(OMB) Office of Management and 

Budget, Attn: Desk Officer for SSA 

Comments: https://www.reginfo.gov/ 

public/do/PRAMain. Submit your 

comments online referencing Docket ID 

Number [SSA–2021–0029]. 

(SSA) Social Security Administration, 

OLCA, Attn: Reports Clearance 

Director, 3100 West High Rise, 6401 

Security Blvd., Baltimore, MD 21235, 

Fax: 410–966–2830, Email address: 

OR.Reports.Clearance@ssa.gov 

Or you may submit your comments 

online through https://www.reginfo.gov/ 

public/do/PRAMain, referencing Docket 

ID Number [SSA–2021–0029]. 

The information collections below are 

pending at SSA. SSA will submit them 

to OMB within 60 days from the date of 

this notice. To be sure we consider your 

comments, we must receive them no 

later than October 18, 2021. Individuals 

can obtain copies of the collection 

instruments by writing to the above 

email address. 

Continuing Disability Review Report— 

20 CFR 404.1589 & 416.989–0960–0072. 

Sections 221(i), 1614(a)(3)(H)(ii)(I) and 

1633(c)(1) of the Social Security Act 

(Act) require SSA to periodically review 

the cases of individuals who receive 

benefits under Title II or Title XVI based 

on disability to determine if their 

disability continues. SSA considers 

adults eligible for disability payments if 

they continue to be unable to perform 

substantial gainful activity because of 

their impairments, and we consider 

Title XVI children eligible for disability 

payment if they have marked and severe 

functional limitations because of their 

impairments. To assess claimants’ 

ongoing disability payment eligibility, 

SSA requires disability recipients (or 

their representatives acting on their 

behalf) to undergo a continuing 

disability review (CDR). SSA uses the 

Continuing Disability Review Report to 

obtain information on disability 

recipients’ disability; on their sources of 

medical treatment; on their 

participation in vocational 

rehabilitation programs (if any); on 

attempts to work (if any); and on 

recipients’ assessments when they 

believe their conditions improved. 

Title II or Title XVI disability 

recipients can complete the Continuing 

Disability Review Report using one of 

three modalities: (1) A paper application 

or fillable PDF (using Form SSA–454– 

BK), which SSA mails to recipients or 

their representatives; (2) a field office 

interview, during which SSA employees 

enter recipient data directly into SSA’s 


jbell on DSKJLSW7X2PROD with NOTICES