[Federal Register Volume 84, Number 110 (Friday, June 7, 2019)]
[Notices]
[Page 26710]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-12041]


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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 6h-1; SEC File No. 270-497; OMB Control No. 3235-0555

    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 
6h-1 (17 CFR 240.6h-1) under the Securities Exchange Act of 1934, as 
amended (``Act'') (15 U.S.C. 78a et seq.).
    Section 6(h) of the Act (15 U.S.C. 78f(h)) requires national 
securities exchanges and national securities associations that trade 
security futures products to establish listing standards that, among 
other things, require that: (i) Trading in such products not be readily 
susceptible to price manipulation; and (ii) the market on which the 
security futures product trades has in place procedures to coordinate 
trading halts with the listing market for the security or securities 
underlying the security futures product. Rule 6h-1 implements these 
statutory requirements and requires that (1) the final settlement price 
for each cash-settled security futures product fairly reflect the 
opening price of the underlying security or securities, and (2) the 
exchanges and associations trading security futures products halt 
trading in any security futures product for as long as trading in the 
underlying security, or trading in 50% or more of the underlying 
securities, is halted on the listing market.
    It is estimated that approximately 1 respondent, consisting of a 
designated contract market not already registered as a national 
securities exchange under Section 6(g) of the Exchange Act that seeks 
to list or trade security futures products, will incur an average 
burden of 10 hours per year to comply with this rule, for a total 
burden of 10 hours. At an average internal cost per hour of 
approximately $401, the resultant total internal cost of compliance for 
the respondents is $4,010 per year (1 respondent x 10 hours/respondent 
x $401/hour).
    Compliance with Rule 6h-1 is mandatory. Any listing standards 
established pursuant to Rule 6h-1 would be filed with the Commission as 
proposed rule changes pursuant to Section 19(b) of the Act and would be 
published in the Federal Register.
    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: 
[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 4, 2019.
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-12041 Filed 6-6-19; 8:45 am]
 BILLING CODE 8011-01-P