Federal Register / Vol. 87, No. 72 / Thursday, April 14, 2022 / Notices 22237 

on—customer personas and journey 

maps, see https://performance.gov/cx/ 

projects), and reports and summaries of 

customer feedback data and user 

insights. It will also provide 

Government-wide data on customer 

experience that can be displayed on 

Performance.gov to help build 

transparency and accountability of 

Federal programs to the customers they 

serve. 

As a general matter, these information 

collections will not result in any new 

system of records containing privacy 

information and will not ask questions 

of a sensitive nature, such as sexual 

behavior and attitudes, religious beliefs, 

and other matters that are commonly 

considered private. 

OMB will only submit collections if 

they meet the following criteria: 

• The collections are voluntary; 

• The collections are low-burden for 

respondents (based on considerations of 

total burden hours or burden-hours per 

respondent) and are low-cost for both 

the respondents and the Federal 

Government; 

• The collections are noncontroversial and do not raise issues of 

concern to other Federal agencies; 

• Any collection is targeted to the 

solicitation of opinions from 

respondents who have experience with 

the program or may have experience 

with the program in the near future; 

• Personally identifiable information 

(PII) is collected only to the extent 

necessary and is not retained; 

• Information gathered is intended to 

be used for general service improvement 

and program management purposes; 

• Upon agreement between OMB and 

the agency all or a subset of information 

may be released as part of A–11, Section 

280 requirements only on 

performance.gov; 

• Summaries of customer research 

and user testing activities may be 

included in public-facing customer 

journey maps or summaries; and 

• Additional release of data must be 

coordinated with OMB. 

These responses will inform efforts to 

improve or maintain the quality of 

service offered to the public. If this 

information is not collected, vital 

feedback from customers and 

stakeholders on services will be 

unavailable. 

Current Action: New Collection of 

Information. 

Type of Review: New. 

Affected Public: Individuals and 

households; businesses and 

organizations; State, local, territorial, or 

Tribal governments. 

Estimated Number of Respondents: 

Below is a preliminary estimate of the 

aggregate burden hours for this new 

collection. OMB will provide refined 

estimates of burden in subsequent 

notices. 

Average Expected Annual Number of 

Activities: Approximately five types of 

customer experience activities such as 

feedback surveys, focus groups, user 

testing, and interviews. 

Average Number of Respondents per 

Activity: 1 response per respondent per 

activity. 

Annual Responses: 2,001,550. 

Average Minutes per Response: 2–60 

minutes, dependent upon activity. 

Burden Hours: OMB estimates 

approximately 101,125 burden hours. 

Request for Comments: Comments are 

invited on: (a) Whether the proposed 

collection of information is necessary 

for the proper performance of the 

functions of the agency, including 

whether the information shall have 

practical utility; (b) the accuracy of the 

agency’s estimate of the burden 

(including hours and cost) of the 

proposed collection of information; (c) 

ways to enhance the quality, utility, and 

clarity of the information to be 

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. In general, comments 

submitted in response to this notice will 

be summarized and/or included in the 

request for approval of this information 

collection; they also will become a 

matter of public record. 

Jason S. Miller, 

Deputy Director of Management. 

[FR Doc. 2022–07977 Filed 4–13–22; 8:45 am] 

BILLING CODE 3110–01–P 

MORRIS K. UDALL AND STEWART L. 

UDALL FOUNDATION 

Sunshine Act Meetings 

TIME AND DATE: 9:00 a.m. to 2:00 p.m. 

(PDT), Wednesday, April 27, 2022. 

PLACE: The University of Arizona 

President’s Office Conference Room, 

Old Main, Room 200, 1200 East 

University Boulevard, Tucson, Arizona, 

85721. 

STATUS: This meeting will be open to the 

public. Members of the public who 

would like to attend this meeting may 

request remote access by contacting 

Elizabeth Monroe at monroe@udall.gov 

prior to April 27 to obtain the 

teleconference connection information. 

MATTERS TO BE CONSIDERED: (1) Call to 

Order and Chair’s Remarks; (2) 

University of Arizona’s Remarks and 

Welcome; (3) Council on Environmental 

Quality’s Remarks; (4) Executive 

Director’s Remarks; (5) Consent Agenda 

Approval (Minutes of the October 28, 

2021, Board of Trustees Meeting; Board 

Reports submitted for Data and 

Information Technology, Education 

Programs, Finance and Internal 

Controls, John S. McCain III National 

Center for Environmental Conflict 

Resolution, and Udall Center for Studies 

in Public Policy-Native Nations Institute 

for Leadership, Management, and 

Policy-The University of Arizona 

Libraries, Special Collections; resolution 

regarding Amendment of Operating 

Procedures of the Board of Trustees of 

the Morris K. Udall and Stewart L. Udall 

Foundation; and Board takes notice of 

any new and updated personnel policies 

and internal control methodologies); (6) 

Update on Udall Foundation–University 

of Arizona Collaborations; (7) Grants, 

Gifts, and Donations Update; (8) Office 

Relocation of Udall Foundation Tucson, 

Arizona Headquarters; (9) Recognition 

of Former Trustee and Former Executive 

Director; (10) Recognition of LongServing Board Officers; and (11) Trustee 

Ethics Training. 

CONTACT PERSON FOR MORE INFORMATION: 

David P. Brown, Executive Director, 130 

South Scott Avenue, Tucson, AZ 85701, 

(520) 901–8560. 

Dated: April 12, 2022. 

David P. Brown, 

Executive Director, Morris K. Udall and 

Stewart L. Udall Foundation, and Federal 

Register Liaison Officer. 

[FR Doc. 2022–08129 Filed 4–12–22; 4:15 pm] 

BILLING CODE 6820–FN–P 

NATIONAL SCIENCE FOUNDATION 

Sunshine Act Meetings 

The National Science Board’s 

Committee on Strategy’s Subcommittee 

on Technology, Innovation and 

Partnerships hereby gives notice of the 

scheduling of a teleconference for the 

transaction of National Science Board 

business pursuant to the NSF Act and 

the Government in the Sunshine Act. 

TIME AND DATE: Monday, April 18, 2022, 

from 11:15 a.m.–12:00 p.m. EDT. 

PLACE: This meeting will be held by 

teleconference through the National 

Science Foundation, 2415 Eisenhower 

Avenue, Alexandria, VA 22314. 

STATUS: Closed. 

MATTERS TO BE CONSIDERED: The agenda 

is: Subcommittee Chair’s Opening 

Remarks; Approval of Minutes from 

February 11, 2022; and Discussion of 

Technology, Innovation, and 


lotter on DSK11XQN23PROD with NOTICES1
22238 Federal Register / Vol. 87, No. 72 / Thursday, April 14, 2022 / Notices 

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

2 17 CFR 240.19b–4. 

3OCC’s By-Laws and Rules can be found on 

OCC’s public website: https://www.theocc.com/ 

Company-Information/Documents-and-Archives/ 

By-Laws-and-Rules. 

4The definition of ‘‘weekly option’’ also states 

that ‘‘[t]he term ‘weekly index option’ means a 

weekly option on an index.’’ OCC is not proposing 

changes to this part of the weekly option definition. 5See Exchange Act Release No. 63293, 75 FR 

70055 (November 16, 2010) (approval order 

establishing weekly options and monthly options). 6The definition of ‘‘short term option’’ also 

specifies that a short term option series may be 

opened in any option class. OCC is not proposing 

changes to this part of the short term option 

definition. 7See Exchange Act Release No. 52010, 70 FR 

41469 (July 19, 2005) (SR–OCC–2005–06) (approval 

order to support the short term options pilot 

program). See also e.g., Exchange Act Release Nos. 

52011 (July 12, 2005), 70 FR 41451 (July 19, 2005) 

(SR–CBOE–2004–63) (approval order establishing 

Weeklys Pilot Program) and 59824 (April 27, 2009), 

74 FR 20518 (May 4, 2009) (SR–CBOE–2009–018) 

(approval order permanently establishing Weeklys 

Program). CBOE refers to its short term option 

program as the ‘‘Weeklys Program.’’ 

8See e.g., Cboe Rule 4.13(e)(1) (‘‘The Exchange 

may open for trading Weekly Expirations on any 

broad-based index eligible for standard options 

trading to expire on any Monday, Wednesday, or 

Friday (other than the third Friday-of-the-month or 

days that coincide with an EOM [end of month] 

expiration.’’)(emphasis added). 

9See Exchange Act Release No. 94292, 87 FR 

11102 (February 28, 2022) (SR–CBOE–2022–005) 

(notice of filing of proposed rule change to permit 

P.M.-settled S&P 500 index options that expire on 

Tuesday or Thursday). 10See e.g., Cboe Rule 4.5(d) (‘‘Short Term Option 

Series Program. After an option class has been 

Partnerships Programmatic Plans and 

Budget Scenarios. 

CONTACT PERSON FOR MORE INFORMATION: 

Point of contact for this meeting is: 

Chris Blair, cblair@nsf.gov, 703/292– 

7000. Meeting information and updates 

may be found at www.nsf.gov/nsb. 

Chris Blair, 

Executive Assistant to the National Science 

Board Office. 

[FR Doc. 2022–08054 Filed 4–12–22; 11:15 am] 

BILLING CODE 7555–01–P 

NATIONAL SCIENCE FOUNDATION 

Sunshine Act Meetings 

The National Science Board hereby 

gives notice of the scheduling of a 

teleconference for the transaction of 

National Science Board business 

pursuant to the NSF Act and the 

Government in the Sunshine Act. 

TIME AND DATE: Monday, April 18, 2022, 

from 1:00 p.m.–2:00 p.m. EDT. 

PLACE: This meeting will be held by 

teleconference through the National 

Science Foundation, 2415 Eisenhower 

Avenue, Alexandria, VA 22314. 

STATUS: Closed. 

MATTERS TO BE CONSIDERED: The agenda 

is: NSB Chair’s Opening Remarks; 

Action Item—McMurdo Pier Project; 

Presentation and Discussion; and Vote. 

CONTACT PERSON FOR MORE INFORMATION: 

Point of contact for this meeting is: 

Chris Blair, cblair@nsf.gov, 703/292– 

7000. Meeting information and updates 

may be found at www.nsf.gov/nsb. 

Chris Blair, 

Executive Assistant to the National Science 

Board Office. 

[FR Doc. 2022–08052 Filed 4–12–22; 11:15 am] 

BILLING CODE 7555–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–94646; File No. SR–OCC– 

2022–006] 

Self-Regulatory Organizations; The 

Options Clearing Corporation; Notice 

of Filing and Immediate Effectiveness 

of Proposed Rule Change by The 

Options Clearing Corporation 

Concerning Weekly Options and Short 

Term Options 

April 8, 2022. 

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

Securities Exchange Act of 1934 

(‘‘Exchange Act’’ or ‘‘Act’’),1 and Rule 

19b–4 thereunder,2 notice is hereby 

given that on March 25, 2022, The 

Options Clearing Corporation (‘‘OCC’’) 

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 OCC. The 

Commission is publishing this notice to 

solicit comments on the proposed rule 

change from interested persons. 

I. Clearing Agency’s Statement of the 

Terms of Substance of the Proposed 

Rule Change 

This proposed rule change would 

amend the definitions of ‘‘weekly 

option’’ and ‘‘short term option’’ in 

Article I of OCC’s By-Laws. The 

proposed rule change would amend 

these definitions to align with the rules 

of participant options exchanges by 

clarifying that weekly options and short 

term options may expire and/or be 

opened in accordance with the rules of 

the exchange on which they are traded. 

The proposed changes to OCC’s ByLaws are included in Exhibit 5 of File 

No. SR–OCC–2022–006. Material 

proposed to be added to OCC’s By-Laws 

as currently in effect is underlined and 

material proposed to be deleted is 

marked in strikethrough text. All 

capitalized terms not defined herein 

have the same meaning as set forth in 

the OCC By-Laws and Rules.3

II. Clearing Agency’s Statement of the 

Purpose of, and Statutory Basis for, the 

Proposed Rule Change 

In its filing with the Commission, 

OCC 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. OCC has prepared 

summaries, set forth in sections (A), (B), 

and (C) below, of the most significant 

aspects of these statements. 

(A) Clearing Agency’s Statement of the 

Purpose of, and Statutory Basis for, the 

Proposed Rule Change 

(1) Purpose 

The purpose of this proposed rule 

change is to more clearly align certain 

existing definitions in OCC’s By-Laws 

for options products with Exchange 

Rules related to those products. OCC 

currently facilitates the clearance and 

settlement of weekly options and short 

term options on behalf of participant 

options exchanges. The term ‘‘weekly 

option’’ is currently defined in Article I 

of OCC’s By-Laws as ‘‘an option of a 

series of stock options or index options 

that expires on any Friday of a calendar 

month other than the third Friday of 

such calendar month.’’ 4 The definition 

was first introduced in 2010.5 The term 

‘‘short term option’’ is currently defined 

as ‘‘an option of a series of options that 

expires one week after it is opened for 

trading’’ and further specifies that short 

term options ‘‘may be opened on a 

Friday that is a business day and shall 

expire, at the expiration time, on the 

next Friday that is a business day; 

provided, however, that if a Friday is 

not a business day, the series shall be 

opened (or shall expire) on the first 

business day immediately prior to that 

Friday.’’ 6 The definition was first 

introduced in 2005 in connection with 

a pilot program for short term options 

that was eventually made permanent in 

2009.7

Currently, participant options 

exchanges list and trade weekly options 

that expire on other days of the week, 

such as Monday or Wednesday,8 and a 

participant options exchange has 

recently filed a proposed rule change to 

list and trade weekly options that expire 

on Tuesday and Thursday.9 These 

exchanges also list short term options 

that may be opened on days other than 

a Friday and expire on days other than 

Friday.10 Because pursuant to Exchange 


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