Notice2021-13508
Proposed Collection; Comment Request
Primary source
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Published
June 25, 2021
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 86 Issue 120 (Friday, June 25, 2021)</title>
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[Federal Register Volume 86, Number 120 (Friday, June 25, 2021)]
[Notices]
[Page 33799]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-13508]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-451, OMB Control No. 3235-0509]
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 301 of Regulation ATS
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 existing
collection of information provided for in Rule 301 of Regulation ATS
(17 CFR 242.301) 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.
Regulation ATS provides a regulatory structure for alternative
trading systems. Rule 301 of Regulation ATS contains certain record
keeping and reporting requirements, as well as additional obligations
that apply only to alternative trading systems with significant volume.
The Rule requires all alternative trading systems that wish to comply
with Regulation ATS to file an initial operations report on Form ATS.
Alternative trading systems are also required to supply updates on Form
ATS to the Commission describing material changes to the system, file
quarterly transaction reports on Form ATS-R, and file cessation of
operations reports on Form ATS. An alternative trading system with
significant volume is required to comply with requirements for fair
access and systems capacity, integrity, and security. Rule 301 also
imposes certain requirements pertaining to written safeguards and
procedures to protect subscribers' confidential trading information.
The Commission staff estimates that entities subject to the
requirements of Rule 301 will spend a total of approximately 2,687
hours a year to comply with the Rule.
Written comments are invited on: (a) Whether the proposed
collection of information is necessary for the proper performance of
the functions of the Commission, including whether the information
shall have practical utility; (b) the accuracy of the Commission's
estimates of the burden of the proposed collection of information; (c)
ways to enhance the quality, utility, and clarity of the information
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: David Bottom, Director/
Chief Information Officer, Securities and Exchange Commission, c/o
Cynthia Roscoe, 100 F Street NE, Washington, DC 20549, or send an email
to: <a href="/cdn-cgi/l/email-protection#7a2a283b25371b13161815023a091f19541d150c"><span class="__cf_email__" data-cfemail="ce9e9c8f9183afa7a2aca1b68ebdabade0a9a1b8">[email protected]</span></a>.
Dated: June 21, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-13508 Filed 6-24-21; 8:45 am]
BILLING CODE 8011-01-P
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