Federal Register / Vol. 87, No. 135 / Friday, July 15, 2022 / Notices 42523 

12 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 95026 

(June 2, 2022), 87 FR 34913 (June 8, 2022) (File No. 

SR–NSCC–2022–005). 

4Comments are available at https://www.sec.gov/ 

comments/sr-nscc-2022-005/srnscc2022005.htm. 

5 15 U.S.C. 78s(b)(2). 

6 Id. 

7 17 CFR 200.30–3(a)(31). 

All submissions should refer to File 

Number SR–NASDAQ–2022–039. 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–NASDAQ–2022–039 and 

should be submitted on or before 

August 5, 2022. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.12

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–15118 Filed 7–14–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–95245; File No. SR–NSCC– 

2022–005] 

Self-Regulatory Organizations; 

National Securities Clearing 

Corporation; Notice of Designation of 

Longer Period for Commission Action 

on a Proposed Rule Change To Revise 

the Excess Capital Premium Charge 

July 11, 2022. 

On May 30, 2022, National Securities 

Clearing Corporation (‘‘NSCC’’) filed 

with the Securities and Exchange 

Commission (‘‘Commission’’) proposed 

rule change SR–NSCC–2022–005 (the 

‘‘Proposed Rule Change’’) pursuant to 

Section 19(b)(1) of the Securities 

Exchange Act of 1934 (‘‘Act’’) 1 and Rule 

19b–4 thereunder.2 The Proposed Rule 

Change was published for comment in 

the Federal Register on June 8, 2022,3

and the Commission has received 

comments regarding the changes 

proposed in the Proposed Rule Change.4

Section 19(b)(2) of the Act 5 provides 

that, within 45 days of the publication 

of notice 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 the 

Proposed Rule Change is July 23, 2022. 

The Commission is extending the 45- 

day period for Commission action on 

the Proposed Rule Change. The 

Commission finds that it is appropriate 

to designate a longer period within 

which to take action on the Proposed 

Rule Change so that it has sufficient 

time to consider and take action on the 

Proposed Rule Change. 

Accordingly, pursuant to Section 

19(b)(2) of the Act 6 and for the reasons 

stated above, the Commission 

designates September 6, 2022, as the 

date by which the Commission shall 

either approve, disapprove, or institute 

proceedings to determine whether to 

disapprove proposed rule change SR– 

NSCC–2022–005. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.7

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–15119 Filed 7–14–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–497; OMB Control No. 

3235–0555] 

Submission for OMB Review; 

Comment Request Extension: 

Rule 6h–1 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of FOIA Services, 

100 F Street NE, Washington, DC 

20549–2736 

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’’) has submitted to the 

Office of Management and Budget 

(‘‘OMB’’) a request for approval of 

extension of the previously approved 

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.). 

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 × 10 hours/respondent × 

$428/hour). 

Compliance with Rule 6h–1 is 

mandatory. Any listing standards 


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