Document ID: SEC-2013-1515-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2013-08-23T04:00Z

[Federal Register Volume 78, Number 164 (Friday, August 23, 2013)]
[Notices]
[Page 52583]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-20571]

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SECURITIES AND EXCHANGE COMMISSION

Submission for OMB Review; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Investor Education and Advocacy, Washington, DC 
20549-0213.

Extension:
    Rule 6a-4, Form 1-N, SEC File No. 270-496, OMB Control No. 3235-
0554.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') has submitted to the Office of Management 
and Budget a request for extension of the previously approved 
collection of information provided for in Rule 6a-4 and Form 1-N, as 
discussed below. The Code of Federal Regulation citation to this 
collection of information is 17 CFR 240.6a-4 and 17 CFR 249.10 under 
the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (the 
``Act'').
    Section 6 of the Act \1\ sets out a framework for the registration 
and regulation of national securities exchanges. Under the Commodity 
Futures Modernization Act of 2000, a futures market may trade security 
futures products by registering as a national securities exchange. Rule 
6a-4 \2\ sets forth these registration procedures and directs futures 
markets to submit a notice registration on Form 1-N.\3\ Form 1-N calls 
for information regarding how the futures market operates, its rules 
and procedures, corporate governance, its criteria for membership, its 
subsidiaries and affiliates, and the security futures products it 
intends to trade. Rule 6a-4 also requires entities that have submitted 
an initial Form 1-N to file: (1) Amendments to Form 1-N in the event of 
material changes to the information provided in the initial Form 1-N; 
(2) periodic updates of certain information provided in the initial 
Form 1-N; (3) certain information that is provided to the futures 
market's members; and (4) a monthly report summarizing the futures 
market's trading of security futures products. The information required 
to be filed with the Commission pursuant to Rule 6a-4 is designed to 
enable the Commission to carry out its statutorily mandated oversight 
functions and to ensure that registered and exempt exchanges continue 
to be in compliance with the Act.
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    \1\ 15 U.S.C. 78f.
    \2\ 17 CFR 240.6a-4.
    \3\ 17 CFR 249.10.
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    The respondents to the collection of information are futures 
markets.
    The Commission estimates that the total annual burden for all 
respondents to provide ad hoc amendments \4\ to keep the Form 1-N 
accurate and up to date as required under Rule 6a-4 would be 45 hours 
(15 hours/respondent per year x 3 respondents \5\) and $300 of 
miscellaneous clerical expenses. The Commission estimates that the 
total annual burden for all respondents to provide annual and three-
year amendments \6\ under Rule 6a-4 would be 88 hours (22 hours/
respondent per year x 4 respondents) and $576 ($144 per year x 4 
respondents \7\). The Commission estimates that the total annual burden 
for the filing of the supplemental information \8\ and the monthly 
reports required under Rule 6a-4 would be 50 hours (12.5 hours/
respondent per year x 4 respondents \9\) and $500 of miscellaneous 
clerical expenses. Thus, the Commission estimates the total annual 
burden for complying with Rule 6a-4 is 175 hours and $1333 in 
miscellaneous clerical expenses.
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    \4\ 17 CFR 240.6a-4(b)(1).
    \5\ Based on prior data, the Commission estimates that the three 
exchanges will file amendments with the Commission in order to keep 
their Form 1-N current.
    \6\ 17 CFR 240.6a-4(b)(3) and (4).
    \7\ The Commission notes that while there are currently five 
Security Futures Product Exchanges, one of those exchanges, NQLX, is 
dormant. Thus, a total of four exchanges are active and required to 
submit mandatory amendments pursuant to Rule 6a-4.
    \8\ 17 CFR 240.6a-4(c)
    \9\ See supra footnote 7.
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    Compliance with Rule 6a-4 is mandatory. Information received in 
response to Rule 6a-4 shall not be kept confidential; the information 
collected is public information.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless it displays a 
currently valid control number.
    The public may view background documentation for this information 
collection at the following Web site, www.reginfo.gov. Comments should 
be directed to: (i) Desk Officer for the Securities and Exchange 
Commission, Office of Information and Regulatory Affairs, Office of 
Management and Budget, Room 10102, New Executive Office Building, 
Washington, DC 20503, or by sending an email to: Shagufta_Ahmed@omb.eop.gov; and (ii) Thomas Bayer, Director/Chief Information 
Officer, Securities and Exchange Commission, c/o Remi Pavlik-Simon, 100 
F Street NE., Washington, DC 20549 or send an email to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of 
this notice.

    Dated: August 19, 2013.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-20571 Filed 8-22-13; 8:45 am]
BILLING CODE 8011-01-P