29992 Federal Register / Vol. 87, No. 95 / Tuesday, May 17, 2022 / Notices 

20See Options Volume by Exchange available at 

https://www.theocc.com/Market-Data/Market-DataReports/Volume-and-Open-Interest/Volume-byExchange. 

21 15 U.S.C. 78s(b)(3)(A)(ii). 

22 17 CFR 240.19b–4(f)(2). 23 17 CFR 200.30–3(a)(12). 

classes that are actively quoted on BOX 

by a Market Maker requires increased 

memory for record retention, increased 

bandwidth for optimized performance, 

increased functionalities on each 

application layer, and increased 

optimization with regard to surveillance 

and monitoring of such classes quoted. 

As such, basing the Market Maker 

Trading Permit fee on the greatest 

number of classes quoted in on any 

given day in a calendar month is 

reasonable and appropriate when taking 

into account how the increased number 

of quoted classes directly impact the 

costs and resources for BOX. 

Inter-Market Competition 

The Exchange believes the proposed 

Market Maker Trading Permit Fees do 

not place an undue burden on 

competition on other SROs that is not 

necessary or appropriate. In particular, 

market making firms are not forced to 

become market makers on all options 

exchanges. The Exchange notes that it 

has far less Market Makers as compared 

to the much greater number of market 

makers at other options exchanges. 

There are a number of large market 

makers that are participants of other 

options exchange but not Participants of 

BOX. The Exchange is also unaware of 

any assertion that its existing fee levels 

or the proposed electronic Market 

Maker Fees would somehow unduly 

impair its competition with other 

options exchanges. To the contrary, if 

the fees charged are deemed too high by 

a market making firm, they can simply 

discontinue their membership with 

BOX. 

The Exchange operates in a highly 

competitive market in which market 

participants can readily favor one of the 

15 competing options venues if they 

deem fee levels at a particular venue to 

be excessive. Based on publiclyavailable information, and excluding 

index-based options, no single exchange 

has more than 17% market share. 

Therefore, no exchange possesses 

significant pricing power in the 

execution of multiply-listed equity and 

ETF options order flow. For the month 

of November 2021, BOX had a market 

share of approximately 5.58% of 

executed multiply-listed equity 

options 20 and BOX believes that the 

ever-shifting market share among 

exchanges from month to month 

demonstrates that market participants 

can discontinue or reduce use of certain 

categories of products, or shift order 

flow, in response to fee changes. In such 

an environment, BOX must continually 

adjust its fees and fee waivers to remain 

competitive with other exchanges and to 

attract order flow to the facility. 

Finally, the Exchange notes that it 

operates in a highly competitive market 

in which market participants can 

readily favor competing venues. In such 

an environment, the Exchange must 

continually review, and consider 

adjusting, its fees and credits to remain 

competitive with other exchanges. For 

the reasons described above, the 

Exchange believes that the proposed 

rule change reflects this competitive 

environment. 

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 

The foregoing rule change has become 

effective pursuant to Section 

19(b)(3)(A)(ii) of the Exchange Act 21

and Rule 19b–4(f)(2) thereunder,22

because it establishes or changes a due, 

or fee. 

At any time within 60 days of the 

filing of the proposed rule change, the 

Commission summarily may 

temporarily suspend the rule change if 

it appears to the Commission that the 

action is necessary or appropriate in the 

public interest, for the protection of 

investors, or would otherwise further 

the purposes of the Act. If the 

Commission takes such action, the 

Commission shall institute proceedings 

to determine whether the proposed rule 

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– 

BOX–2022–17 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–BOX–2022–17. 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 such 

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–BOX–2022–17, and should 

be submitted on or before June 7, 2022. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.23

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–10520 Filed 5–16–22; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

Data Collection Available for Public 

Comments 

ACTION: 60-Day notice and request for 

comments. 

SUMMARY: The Small Business 

Administration (SBA) intends to request 

approval, from the Office of 

Management and Budget (OMB) for the 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 87, No. 95 / Tuesday, May 17, 2022 / Notices 29993 

collection of information described 

below. The Paperwork Reduction Act 

(PRA) federal agencies to publish a 

notice in the Federal Register 

concerning each proposed collection of 

information before submission to OMB, 

and to allow 60 days for public 

comment in response to the notice. This 

notice complies with that requirement. 

DATES: Submit comments on or before 

July 18, 2022. 

ADDRESSES: Send all comments to, John 

Kelly, Case Management Specialist, 

Office of the Ombudsman, Small 

Business Administration. 

FOR FURTHER INFORMATION CONTACT: John 

Kelly, Case Management Specialist, 

john.kelly@sba.gov 202–205–6178, or 

Curtis B. Rich, Agency Clearance 

Officer, 202–205–7030 curtis.rich@

sba.gov. 

SUPPLEMENTARY INFORMATION: The Small 

Business Regulatory Enforcement 

Fairness Act of 1966, 15 U.S.C. 

657(b)(2)(B), requires the SBA National 

Ombudsman to establish a means for 

SBA to receive comments on regulatory 

and compliance actions from small 

entities regarding their disagreements 

with a Federal Agency action. The 

Ombudsman uses it to obtain the 

agency’s response, encourage a fresh 

look by the agency at a high level, and 

build a smaller business-friendly 

regulatory environment. 

OMB Control Number: 3245–0313. 

Title: ‘‘Federal Agency Comment 

Form’’. 

Description of Respondents: Small 

business entities. 

Form Number: SBA Form 1993. 

Annual Responses: 340. 

Annual Burden: 340. 

Curtis Rich, 

Agency Clearance Officer. 

[FR Doc. 2022–10577 Filed 5–16–22; 8:45 am] 

BILLING CODE 8026–09–P 

SMALL BUSINESS ADMINISTRATION 

National Small Business Development 

Center Advisory Board 

AGENCY: Small Business Administration. 

ACTION: Notice of open Federal Advisory 

Committee meeting. 

SUMMARY: The SBA is issuing this notice 

to announce the date, time and agenda 

for a meeting of the National Small 

Business Development Center Advisory 

Board. The meeting will be open to the 

public; however, advance notice of 

attendance is required. 

DATES: Tuesday, May 23, 2022, at 2:00 

p.m. EDT. 

ADDRESSES: Meeting will be held via 

Microsoft Teams. 

FOR FURTHER INFORMATION CONTACT: 

Rachel Karton, Office of Small Business 

Development Centers, U.S. Small 

Business Administration, 409 Third 

Street SW, Washington, DC 20416; 

Rachel.newman-karton@sba.gov; 202– 

619–1816. 

If anyone wishes to be a listening 

participant or would like to request 

accommodations, please contact Rachel 

Karton at the information above. 

SUPPLEMENTARY INFORMATION: Pursuant 

to section 10(a) of the Federal Advisory 

Committee Act (5 U.S.C. Appendix 2), 

the SBA announces the meetings of the 

National SBDC Advisory Board. This 

Board provides advice and counsel to 

the SBA Administrator and Associate 

Administrator for Small Business 

Development Centers. 

Purpose 

The purpose of the meeting is to 

discuss the following issues pertaining 

to the SBDC Program: 

• SBA|OSBDC Leadership Update 

• Strategy for Increasing Board 

Awareness and Understanding of the 

SBDC Program 

• ASBDC Conference—Townhall 

Planning 

Andrienne Johnson, 

Committee Management Officer. 

[FR Doc. 2022–10501 Filed 5–16–22; 8:45 am] 

BILLING CODE P 

SOCIAL SECURITY ADMINISTRATION 

[Docket No. SSA–2020–0018] 

Social Security Ruling 22–2p; Titles II 

and XVI: Evaluation of Claims 

Involving the Issue of Similar Fault in 

the Providing of Evidence 

AGENCY: Social Security Administration. 

ACTION: Notice of Social Security Ruling 

(SSR). 

SUMMARY: We are providing notice of 

SSR 22–2p. This ruling rescinds and 

replaces SSR 16–2p and explains when 

we may find that there is a reason to 

believe that similar fault was involved 

in the providing of evidence to us in 

support of a claim under titles II or XVI 

of the Social Security Act (Act). We are 

revising the evidentiary standard for 

similar fault from a ‘‘preponderance of 

the evidence’’ to ‘‘reason to believe’’ to 

align more closely with the standard 

provided in the Act. We are also 

incorporating into this ruling a 

procedure that we currently have in 

other subregulatory instructions. The 

procedure provides that, before we 

disregard evidence under the Act at the 

hearings level of our administrative 

review process, we will consider the 

individual’s objection to the 

disregarding of that evidence. We expect 

that the procedures we follow under 

this ruling will allow us to implement 

relevant sections of the Act in a manner 

consistent with the Act and principles 

of constitutional due process. 

DATES: We will apply this notice on May 

17, 2022. 

FOR FURTHER INFORMATION CONTACT: 

Mary Quatroche, Office of Disability 

Policy, Social Security Administration, 

6401 Security Boulevard, Baltimore, MD 

21235–6401, 410–597–1632. For 

information on eligibility or filing for 

benefits, call our national toll-free 

number 1–800–772–1213 or visit our 

internet site, Social Security online, at 

http://www.socialsecurity.gov. 

SUPPLEMENTARY INFORMATION: Although 

5 U.S.C. 552(a)(1) and (a)(2) do not 

require us to publish this SSR, we are 

publishing it in accordance with 20 CFR 

402.35(b)(1). SSRs do not have the same 

force and effect as statutes or 

regulations, but they are binding on all 

components of the Social Security 

Administration. 20 CFR 402.35(b)(1). 

We use SSRs to make available to the 

public precedential decisions relating to 

the Federal old-age, survivors, 

disability, supplemental security 

income, and special veterans benefits 

programs. We may base SSRs on 

determinations or decisions made in our 

administrative review process, Federal 

court decisions, decisions of our 

Commissioner, opinions from our Office 

of the General Counsel, or other 

interpretations of law and regulations. 

This SSR will remain in effect until 

we publish a notice in the Federal 

Register that rescinds it, or we publish 

a new SSR that replaces or modifies it. 

(Catalog of Federal Domestic Assistance, 

Programs Nos. 96.001, Social Security— 

Disability Insurance; 96.002, Social 

Security—Retirement Insurance; 96.004, 

Social Security—Survivors Insurance; 

96.006—Supplementary Security Income.) 

The Acting Commissioner of Social 

Security, Kilolo Kijakazi, having reviewed 

and approved this document, is delegating 

the authority to electronically sign this 

document to Faye I. Lipsky, who is the 

primary Federal Register Liaison for the 


khammond on DSKJM1Z7X2PROD with NOTICES