Notice2021-19030
Submission for OMB Review; Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
September 3, 2021
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 86 Issue 169 (Friday, September 3, 2021)</title>
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[Federal Register Volume 86, Number 169 (Friday, September 3, 2021)]
[Notices]
[Page 49580]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-19030]
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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 FOIA Services, 100 F Street NE, Washington, DC
20549-2736
Extension:
Rule 301 of Regulation ATS; [SEC File No. 270-451, OMB Control
No. 3235-0509]
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 301
of Regulation ATS (17 CFR 242.301) under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.) (``Exchange Act'').
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 operation 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.
Regulation ATS requires ATSs to preserve any records, for at least
three years, made in the process of complying with the systems
capacity, integrity and security requirements.
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: <a href="http://www.reginfo.gov">www.reginfo.gov</a>. 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 within 30 days of publication of this notice
to (i) <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a> and (ii) David Bottom,
Director/Chief Information Officer, Securities and Exchange Commission,
c/o Cynthia Roscoe, 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="76262437293b171f1a14190e3605131558111900">[email protected]</span></a>.
Dated: August 30, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-19030 Filed 9-2-21; 8:45 am]
BILLING CODE 8011-01-P
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