[Federal Register Volume 87, Number 90 (Tuesday, May 10, 2022)]
[Notices]
[Page 28077]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-09952]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-497, OMB Control No. 3235-0555]


Proposed Collection; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 
20549-2736

Extension:
    Rule 6h-1

    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 6h-1 (17 CFR 
240.6h-1) under the Securities Exchange Act of 1934 (``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.
    Section 6(h) of the Act (15 U.S.C. 78f(h)) requires national 
securities exchanges and national securities associations that trade 
security futures products to establish listing standards that, among 
other things, require that: (i) Trading in such products not be readily 
susceptible to price manipulation; and (ii) the market on which the 
security futures product trades has in place procedures to coordinate 
trading halts with the listing market for the security or securities 
underlying the security futures product. Rule 6h-1 implements these 
statutory requirements and requires that (1) the final settlement price 
for each cash-settled security futures product fairly reflect the 
opening price of the underlying security or securities, and (2) the 
exchanges and associations trading security futures products halt 
trading in any security futures product for as long as trading in the 
underlying security for trading of a security futures product based on 
a single security, or trading in 50% or more of the underlying 
securities for trading of a security futures product based on a narrow-
based security index, is halted on the listing market.
    It is estimated that approximately 1 respondent will incur an 
average burden of 10 hours per year to comply with this rule, for a 
total burden of 10 hours. At an average internal cost per hour of 
approximately $428, the resultant total internal cost of compliance for 
the respondents is $4,280 per year (1 respondent x 10 hours/respondent 
x $428/hour).
    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 by 
July 11, 2022.
    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: 
<a href="/cdn-cgi/l/email-protection#37676576687a565e5b55584f7744525419505841"><span class="__cf_email__" data-cfemail="faaaa8bba5b79b9396989582ba899f99d49d958c">[email protected]</span></a>.

    Dated: May 4, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-09952 Filed 5-9-22; 8:45 am]
BILLING CODE 8011-01-P


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