Document ID: SEC-2019-1285-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2019-09-09T04:00Z

[Federal Register Volume 84, Number 174 (Monday, September 9, 2019)]
[Notices]
[Pages 47336-47337]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-19374]

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SECURITIES AND EXCHANGE COMMISSION

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 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 (``PRA'') (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the collection of 
information provided for in Rule 6a-4 and Form 1-N (17 CFR 240.6a-4 and 
17 CFR 249.10) under the Securities Exchange Act of 1934 (15 U.S.C. 78a 
et seq.) (``Exchange Act''). The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget (``OMB'') for extension and approval.
    Section 6 of the Exchange 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 of compliance 
with the requirements of Rule 6a-4 and Form 1-N is 171 hours per year 
and $1,216 per year, calculated as detailed below. The Commission 
estimates that the total annual burden for all respondents to provide 
periodic amendments to keep the Form 1-N accurate and up to date as 
required under Rule 6a-4(b)(1) would be 60 hours (15 hours/respondent 
per year x 4 respondents) and $400 of miscellaneous clerical expenses. 
The Commission estimates that the total annual burden for all 
respondents to provide annual amendments under Rule

[[Page 47337]]

6a-4(b)(3) would be 60 hours (15 hours/respondent/year x 4 respondents) 
and $400 of miscellaneous clerical expenses. The Commission estimates 
that the total annual burden for all respondents to provide three-year 
amendments under Rule 6a-4(b)(4) would be 27 hours (20 hours/respondent 
x 1.33 respondents per year) and $176 ($44 per year x 4 respondents) in 
miscellaneous clerical expenses. The Commission estimates that the 
total annual burden for the filing of the supplemental information and 
the monthly reports required under Rule 6a-4(c) would be 24 hours (6 
hours/respondent per year x 4 respondents) and $240 of miscellaneous 
clerical expenses.
    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.
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information shall 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the proposed collection of information; (c) ways to 
enhance the quality, utility, and clarity of the information to be 
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 in 
writing within 60 days of this publication.
    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: Charles Riddle, Acting 
Director/Chief Information Officer, Securities and Exchange Commission, 
c/o Candace Kenner, 100 F Street NE, Washington, DC 20549 or send an 
email to: PRA_Mailbox@sec.gov.

    Dated: September 4, 2019.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019-19374 Filed 9-6-19; 8:45 am]
 BILLING CODE 8011-01-P