[Federal Register Volume 87, Number 135 (Friday, July 15, 2022)]
[Notices]
[Pages 42523-42524]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-15129]


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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 x 10 hours/respondent 
x $428/hour).
    Compliance with Rule 6h-1 is mandatory. Any listing standards

[[Page 42524]]

established pursuant to Rule 6h-1 would be filed with the Commission as 
proposed rule changes pursuant to Section 19(b) of the Act and would be 
published in the Federal Register.
    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.
    The public may view background documentation for this information 
collection at the following website: www.reginfo.gov. Find this 
particular information collection by selecting ``Currently under 30-day 
Review--Open for Public Comments'' or by using the search function.
    Written comments and recommendations for the proposed information 
collection should be sent by August 15, 2022 to (i) www.reginfo.gov/public/do/PRAMain and (ii) David Bottom, Director/Chief Information 
Officer, Securities and Exchange Commission, c/o John Pezzullo, 100 F 
Street NE, Washington, DC 20549, or by sending an email to: 
<a href="/cdn-cgi/l/email-protection#055557445a48646c69676a7d457660662b626a73"><span class="__cf_email__" data-cfemail="5b0b091a04163a32373934231b283e38753c342d">[email protected]</span></a>.

    Dated: July 11, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-15129 Filed 7-14-22; 8:45 am]
BILLING CODE 8011-01-P


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