[Federal Register Volume 84, Number 147 (Wednesday, July 31, 2019)]
[Notices]
[Pages 37379-37380]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-16293]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-447, OMB Control No. 3235-0504]


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 19b-4(e) and Form 19b-4(e)

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (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 19b-4(e) (17 
CFR 240.19b-4(e)) under the Securities Exchange Act of 1934 (15 U.S.C 
78a et seq.) (the ``Act'').
    Rule 19b-4(e) permits a self-regulatory organization (``SRO'') to 
list and trade a new derivative securities product without submitting a 
proposed rule change pursuant to Section 19(b) of the Act (15 U.S.C. 
78s(b)), so long as such product meets the criteria of Rule 19b-4(e) 
under the Act. However, in order for the Commission to maintain an 
accurate record of all new derivative securities products traded on the 
SROs, Rule 19b-4(e) requires an SRO to file a summary form, Form 19b-
4(e), to notify the Commission when the SRO begins trading a new 
derivative securities product that is not required to be submitted as a 
proposed rule change to the Commission. Form 19b-4(e) should be 
submitted within five business days after an SRO begins trading a new 
derivative securities product that is not required to be submitted as a 
proposed rule change. In addition, Rule 19b-4(e) requires an SRO to 
maintain, on-site, a copy of Form 19b-4(e) for a prescribed period of 
time.
    This collection of information is designed to allow the Commission 
to maintain an accurate record of all new derivative securities 
products traded on the SROs that are not deemed to be proposed rule 
changes and to determine whether an SRO has properly availed itself of 
the permission granted by Rule

[[Page 37380]]

19b-4(e). The Commission reviews SRO compliance with Rule 19b-4(e) 
through its routine inspections of the SROs.
    The respondents to the collection of information are SROs (as 
defined by the Act), all of which are national securities exchanges. As 
of March 29, 2019 there are twenty-two entities registered as national 
securities exchanges with the Commission. The Commission receives an 
average total of 5,122 responses per year, which corresponds to an 
estimated annual response burden of 5,122 hours. At an average hourly 
cost of $71, the aggregate related internal cost of compliance with 
Rule 19b-4(e) is $363,662 (5,122 burden hours multiplied by $71/hour).
    Compliance with Rule 19b-4(e) is mandatory. Information received in 
response to Rule 19b-4(e) shall not be kept confidential; the 
information collected is public information.
    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: July 26, 2019.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019-16293 Filed 7-30-19; 8:45 am]
 BILLING CODE 8011-01-P