Submission for OMB Review; Comment Request
| Published date | 02 July 2019 |
| Citation | 84 FR 31645 |
| Record Number | 2019-14111 |
| Section | Notices |
| Court | Securities And Exchange Commission |
Federal Register, Volume 84 Issue 127 (Tuesday, July 2, 2019)
[Federal Register Volume 84, Number 127 (Tuesday, July 2, 2019)]
[Notices]
[Pages 31645-31646]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-14111]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-537, OMB Control No. 3235-0597]
Submission for OMB Review; 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 31 and Form R31
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995
[[Page 31646]]
(``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 extension of the previously approved
collection of information provided for in Rule 31 (17 CFR 240.31) and
Form R31 (17 CFR 249.11) under the Securities Exchange Act of 1934 (15
U.S.C. 78ee) (``Exchange Act'').
Section 31 of the Exchange Act requires the Commission to collect
fees and assessments from national securities exchanges and national
securities associations (collectively, ``self-regulatory
organizations'' or ``SROs'') based on the volume of their securities
transactions. To collect the proper amounts, the Commission adopted
Rule 31 and Form R31 under the Exchange Act whereby each SRO must
report to the Commission the volume of its securities transactions and
the Commission, based on those data, calculates the amount of fees and
assessments that each SRO owes pursuant to Section 31. Rule 31 and Form
R31 require each SRO to provide these data on a monthly basis.
Currently, there are 26 respondents subject to the collection of
information requirements of Rule 31: 22 national securities exchanges,
one security futures exchange, one national securities association, and
two registered clearing agencies that are required to provide certain
data in their possession needed by the SROs to complete Form R31,
although these two clearing agencies are not themselves required to
complete and submit Form R31. The Commission estimates that the total
burden for all 26 respondents is 390 hours per year. Based on previous
and current experience, the Commission estimates that three additional
national securities exchanges will become registered and subject to the
reporting requirements of Rule 31 over the course of the authorization
period and collectively incur a burden of 18 hours per year. Thus, the
Commission estimates the total burden for the existing and expected new
respondents to be 408 hours per year.
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. 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: Abate, Lindsay M. EOP/
OMB [email protected]; and (ii) Charles Riddle, Acting
Director/Chief Information Officer, Securities and Exchange Commission,
c/o Candace Kenner, 100 F Street NE, Washington, DC 20549, or by
sending an email to: [email protected]. Comments must be submitted to
OMB within 30 days of this notice.
Dated: June 27, 2019.
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-14111 Filed 7-1-19; 8:45 am]
BILLING CODE 8011-01-P
