[Federal Register Volume 84, Number 247 (Thursday, December 26, 2019)]
[Unknown Section]
[Pages 71285-71294]
[FR Doc No: 2019-26563]

Vol. 84

Thursday,

No. 247

December 26, 2019

Part XXIX

Securities and Exchange Commission

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Semiannual Regulatory Agenda

Federal Register / Vol. 84 , No. 247 / Thursday, December 26, 2019 /
UA: Reg Flex Agenda

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SECURITIES AND EXCHANGE COMMISSION

17 CFR Ch. II

[Release Nos. 33-10674, 34-86748, IA-5328, IC-33607, File No. S7-12-19]

Regulatory Agenda; Semiannual Regulatory Agenda

AGENCY: Securities and Exchange Commission.

ACTION: Semiannual regulatory agenda.

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SUMMARY: The Securities and Exchange Commission is publishing the
Chairman's agenda of rulemaking actions pursuant to the Regulatory
Flexibility Act (RFA) (Pub. L. 96-354, 94 Stat. 1164) (Sep. 19, 1980).
The items listed in the Regulatory Flexibility Agenda for Fall 2019
reflect only the priorities of the Chairman of the U.S. Securities and
Exchange Commission, and do not necessarily reflect the view and
priorities of any individual Commissioner.
    Information in the agenda was accurate on August 7, 2019, the date
on which the Commission's staff completed compilation of the data. To
the extent possible, rulemaking actions by the Commission since that
date have been reflected in the agenda. The Commission invites
questions and public comment on the agenda and on the individual agenda
entries.
    The Commission is now printing in the Federal Register, along with
our preamble, only those agenda entries for which we have indicated
that preparation of an RFA analysis is required.
    The Commission's complete RFA agenda will be available online at
www.reginfo.gov.

DATES: Comments should be received on or before January 27, 2020.

ADDRESSES: Comments may be submitted by any of the following methods:

Electronic Comments

     Use the Commission's internet comment form (http://www.sec.gov/rules/other.shtml); or
     Send an email to<EMAIL_ADDRESS>Please include
File Number S7-12-19 on the subject line.

Paper Comments

     Send paper comments to Secretary, Securities and Exchange
Commission, 100 F Street NE, Washington, DC 20549-1090.

All submissions should refer to File No. S7-12-19. This file number
should be included on the subject line if email is used. To help us
process and review your comments more efficiently, please use only one
method. The Commission will post all comments on the Commission's
internet website (http://www.sec.gov/rules/other.shtml). Comments are
also available for website viewing and printing in the Commission's
Public Reference Room, 100 F Street NE, Washington, DC 20549, on
official business days between the hours of 10:00 a.m. and 3:00 p.m.
All comments received will be posted without change. Persons submitting
comments are cautioned that we do not redact or edit personal
identifying information from submissions. You should submit only
information that you wish to make available publicly.

FOR FURTHER INFORMATION CONTACT: Mykaila DeLesDernier, Office of the
General Counsel,<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION: The RFA requires each Federal agency, twice
each year, to publish in the Federal Register an agenda identifying
rules that the agency expects to consider in the next 12 months that
are likely to have a significant economic impact on a substantial
number of small entities (5 U.S.C. 602(a)). The RFA specifically
provides that publication of the agenda does not preclude an agency
from considering or acting on any matter not included in the agenda and
that an agency is not required to consider or act on any matter that is
included in the agenda (5 U.S.C. 602(d)). The Commission may consider
or act on any matter earlier or later than the estimated date provided
on the agenda. While the agenda reflects the current intent to complete
a number of rulemakings in the next year, the precise dates for each
rulemaking at this point are uncertain. Actions that do not have an
estimated date are placed in the long-term category; the Commission may
nevertheless act on items in that category within the next 12 months.
The agenda includes new entries, entries carried over from prior
publications, and rulemaking actions that have been completed (or
withdrawn) since publication of the last agenda.
    The following abbreviations for the acts administered by the
Commission are used in the agenda:

``Securities Act''--Securities Act of 1933
``Exchange Act''--Securities Exchange Act of 1934
``Investment Company Act''--Investment Company Act of 1940
``Investment Advisers Act''--Investment Advisers Act of 1940
``Dodd Frank Act''--Dodd-Frank Wall Street Reform and Consumer
Protection Act
``JOBS Act''--Jumpstart Our Business Startups Act
``FAST Act''--Fixing America's Surface Transportation Act

    The Commission invites public comment on the agenda and on the
individual agenda entries.

    By the Commission.

    Dated: August 23, 2019.
Vanessa A. Countryman,
Secretary.

                       3 OOD--Proposed Rule Stage
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
497.......................  Amendments to Certain              3235-AM63
                             Provisions of the Auditor
                             Independence Rules.
------------------------------------------------------------------------

          Division of Corporation Finance--Proposed Rule Stage
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
498.......................  Listing Standards for              3235-AK99
                             Recovery of Erroneously
                             Awarded Compensation.
499.......................  Filing Fee Processing.....         3235-AL96
500.......................  Accredited Investor                3235-AM19
                             Definition.
501.......................  Regulation Crowdfunding            3235-AM20
                             Amendments.
502.......................  Regulation A Amendments...         3235-AM21
503.......................  Harmonization of Exempt            3235-AM27
                             Offerings.

504.......................  Amendments to Rule 701/            3235-AM38
                             Form S-8.
505.......................  Rule 14a-8 Amendments.....         3235-AM49
506.......................  Amendments to Form 13F             3235-AM65
                             Filer Threshold.
------------------------------------------------------------------------

            Division of Corporation Finance--Final Rule Stage
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
507.......................  Amendments to Financial            3235-AL77
                             Disclosures About
                             Acquired Businesses.
508.......................  Amendments to the                  3235-AM12
                             Financial Disclosures for
                             Registered Debt Security
                             Offerings.
509.......................  Extending the Testing the          3235-AM23
                             Waters Provision to Non-
                             Emerging Growth Companies.
510.......................  Accelerated Filer                  3235-AM41
                             Definition.
------------------------------------------------------------------------

           Division of Corporation Finance--Long-Term Actions
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
511.......................  Pay Versus Performance....         3235-AL00
512.......................  Universal Proxy...........         3235-AL84
513.......................  Corporate Board Diversity.         3235-AL91
514.......................  Conflict Minerals                  3235-AM14
                             Amendments.
515.......................  Mandated Electronic                3235-AM15
                             Filings.
------------------------------------------------------------------------

           Division of Corporation Finance--Completed Actions
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
516.......................  Simplification of                  3235-AL88
                             Disclosure Requirements
                             for Emerging Growth
                             Companies and Forward
                             Incorporation by
                             Reference on Form S-1 for
                             Smaller Reporting
                             Companies.
517.......................  Form 10-K Summary.........         3235-AL89
518.......................  Amendments to Implement            3235-AM00
                             FAST Act Report.
------------------------------------------------------------------------

         Division of Investment Management--Proposed Rule Stage
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
519.......................  Use of Derivatives by              3235-AL60
                             Registered Investment
                             Companies and Business
                             Development Companies.
------------------------------------------------------------------------

           Division of Investment Management--Final Rule Stage
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
520.......................  Fund of Funds Arrangements         3235-AM29
521.......................  Offering Reform for                3235-AM31
                             Business Development
                             Companies Under the Small
                             Business Credit
                             Availability Act and
                             Closed-End Funds Under
                             the Economic Growth,
                             Regulatory Relief, and
                             Consumer Protection Act.
------------------------------------------------------------------------

          Division of Investment Management--Long-Term Actions
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
522.......................  Reporting of Proxy Votes           3235-AK67
                             on Executive Compensation
                             and Other Matters.
523.......................  Amendments to the Custody          3235-AM66
                             Rules for Investment
                             Companies.
524.......................  Amendments to the Family           3235-AM67
                             Office Rule.
525.......................  Amendments to Rule 17a-7           3235-AM69
                             Under the Investment
                             Company Act.
------------------------------------------------------------------------

          Division of Investment Management--Completed Actions
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
526.......................  Form CRS Relationship              3235-AL27
                             Summary; Amendments to
                             Form ADV; Required
                             Disclosures to Retail
                             Customers and
                             Restrictions on the Use
                             of Certain Names or
                             Titles.
------------------------------------------------------------------------

           Division of Trading and Markets--Long-Term Actions
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
527.......................  Removal of Certain                 3235-AL14
                             References to Credit
                             Ratings Under the
                             Securities Exchange Act
                             of 1934.
------------------------------------------------------------------------

           Division of Trading and Markets--Completed Actions
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
528.......................  Regulation Best Interest..         3235-AM35
------------------------------------------------------------------------

              Offices and Other Programs--Completed Actions
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
529.......................  Auditor Independence With          3235-AM01
                             Respect to Loans or
                             Debtor-Creditor
                             Relationships.
------------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION (SEC)

3 OOD

Proposed Rule Stage

497.  Amendments to Certain Provisions of the Auditor
Independence Rules

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77(f); 15 U.S.C. 77(g); 15 U.S.C. 77(h);
15 U.S.C. 77(j); 15 U.S.C. 77(s); 15 U.S.C. 77(z-2); 15 U.S.C. 77(z-3);
15 U.S.C. 77(aa(25)); 15 U.S.C. 77(aa(26)); 15 U.S.C. 77(nn(25)); 15
U.S.C. 77(nn(26)); 15 U.S.C. 78(c); 15 U.S.C. 78(j-1); 15 U.S.C. 78(l);
15 U.S.C. 78(m); 15 U.S.C. 78(n); 15 U.S.C. 78(o(d)); 15 U.S.C. 78(q);
15 U.S.C. 78(u-5); 15 U.S.C. 78(w); 15 U.S.C. 78(ll); 15 U.S.C. 78(mm);
15 U.S.C. 80(a-8); 15 U.S.C. 80(a-20); 15 U.S.C. 80(a-29); 15 U.S.C.
80(a-30); 15 U.S.C. 80(a-31); 15 U.S.C. 80(a-37(a)); 15 U.S.C. 80(b-3);
15 U.S.C. 80(b-11); 15 U.S.C. 7202; 15 U.S.C. 7262; Pub. L. 112-106,
sec. 102(c); 126 Stat. 310 (2012)
    Abstract: The Office of the Chief Accountant is considering
recommending that the Commission propose amendments to update certain
auditor independence rules to facilitate capital formation, in a manner
consistent with investor protection.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   04/00/20  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Duc Dang, Attorney, Office of Chief Accountant,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM63

SECURITIES AND EXCHANGE COMMISSION (SEC)

Division of Corporation Finance

Proposed Rule Stage

498. Listing Standards for Recovery of Erroneously Awarded Compensation

    E.O. 13771 Designation: Independent agency.
    Legal Authority: Pub. L. 111-203, sec. 954; 15 U.S.C. 78j-4
    Abstract: The Commission proposed rules to implement section 954 of
the Dodd-Frank Act, which requires the Commission to adopt rules to
direct national securities exchanges to prohibit the listing of
securities of issuers that have not developed and implemented a policy
providing for disclosure of the issuer's policy on incentive-based
compensation and mandating the clawback of such compensation in certain
circumstances.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   07/14/15  80 FR 41144
NPRM Comment Period End.............   09/14/15  .......................
Second NPRM.........................   09/00/20  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Anne M. Krauskopf, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AK99

499. Filing Fee Processing

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77s; 15 U.S.C. 78w; 15 U.S.C. 80a-37
    Abstract: The Division is considering recommending that the
Commission propose rule amendments to modernize the processing of EDGAR
filing fees by structuring fee-related information in certain
Commission filings.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   11/00/19  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Mark W. Green, Division of Corporation Finance,

Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549-0301, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AL96

500. Accredited Investor Definition

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77a et seq.
    Abstract: The Division is considering recommending that the
Commission propose amendments to expand the definition of accredited
investor under Regulation D of the Securities Act of 1933.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   09/00/20  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Jennifer Zepralka, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM19

501. Regulation Crowdfunding Amendments

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77a et seq.; 15 U.S.C. 78a et seq.; Pub.
L. 112-106; Pub. L. 301-305
    Abstract: Staff completed, consistent with Release No. 33-9974
(Oct. 30, 2015) 80 FR 71387 (Nov. 16, 2015), a study and submitted a
report to the Commission on the impact of Regulation Crowdfunding on
capital formation and investor protection. The Division is considering
recommending that the Commission propose amendments to Regulation
Crowdfunding to address staff recommendations resulting from the
staff's report.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   09/00/20  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Jennifer Zepralka, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM20

502. Regulation A Amendments

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77c(b); 15 U.S.C. 77s; 15 U.S.C. 77z-3;
15 U.S.C. 78l; 15 U.S.C. 77o; 15 U.S.C. 77o; 15 U.S.C. 77mm
    Abstract: As described in Release No. 33-9741 (Mar. 25, 2015) [80
FR 21805 (Apr. 20, 2015)], the Division staff will undertake to study
and submit a report to the Commission on the impact of Regulation A
offerings on capital formation and investor protection. The Division is
considering recommending that the Commission propose amendments to
Regulation A to address staff recommendations resulting from the
reviews of the regulation.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   09/00/20  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Jennifer Zepralka, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM21

503. Harmonization of Exempt Offerings

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77a et seq.
    Abstract: The Division is considering recommending that the
Commission propose rule amendments to harmonize and streamline the
Commission's rules for exempt offerings in order to enhance their
clarity and ease of use.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
ANPRM...............................   06/26/19  84 FR 30460
ANPRM Comment Period End............   09/24/19  .......................
NPRM................................   09/00/20  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Jennifer Zepralka, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM27

504. Amendments to Rule 701/ Form S-8

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77bb
    Abstract: The Division is considering recommending that the
Commission propose rule amendments to Securities Act Rule 701, the
exemption from registration for securities issued by non-reporting
companies pursuant to compensatory arrangements, and Form S-8, the
registration statement for compensatory offerings by reporting
companies.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
ANPRM...............................   07/24/18  83 FR 34958
ANPRM Comment Period End............   09/24/18  .......................
NPRM................................   04/00/20  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Anne M. Krauskopf, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM38

505. Rule 14A-8 Amendments

    E.O. 13771 Designation: Independent agency.
    Legal Authority: Not Yet Determined
    Abstract: The Division is considering recommending that the
Commission propose rule amendments regarding the thresholds for
shareholder proposals under Rule 14a-8.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   04/00/20  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Dan Greenspan, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM49

506.  Amendments to Form 13F Filer Threshold

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 78c(b); 15 U.S.C. 78m(f); 15 U.S.C. 78w;
15 U.S.C. 78x; 15 U.S.C. 78mm
    Abstract: The Division is considering recommending that the
Commission propose rule and related form amendments regarding the
thresholds for Form 13F filers.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   09/00/20  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.

    Agency Contact: Mark Uyeda, Senior Special Counsel, Division of
Investment Management, Securities and Exchange Commission, 100 F Street
NE, Washington, DC 20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM65

SECURITIES AND EXCHANGE COMMISSION (SEC)

Division of Corporation Finance

Final Rule Stage

507. Amendments to Financial Disclosures About Acquired Businesses

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77g; 15 U.S.C. 77j; 15 U.S.C. 77s(a); 15
U.S.C. 772-3; 15 U.S.C. 78c(b); 15 U.S.C. 77l; 15 U.S.C. 77m; 15 U.S.C.
77o(d); 15 U.S.C. 77w; 15 U.S.C. 77mm
    Abstract: The Division is considering recommending that the
Commission adopt amendments to Regulation S-X (Rule 3-05) that affect
the disclosure of financial information of acquired businesses.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
ANPRM...............................   10/01/15  80 FR 59083
ANPRM Comment Period End............   11/30/15  .......................
NPRM................................   05/28/19  84 FR 24600
NPRM Comment Period End.............   07/29/19  .......................
Final Action........................   09/00/20  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Todd Hardiman, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    Patrick Gilmore, Deputy Chief Accountant, Division of Corporation
Finance, Securities and Exchange Commission, 100 F Street NE,
Washington, DC 20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AL77

508. Amendments to the Financial Disclosures for Registered Debt
Security Offerings

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77c; 15 U.S.C. 77f; 15 U.S.C. 77g; 15
U.S.C. 77j; 15 U.S.C. 77h; 15 U.S.C. 77s(a); 15 U.S.C. 77z-3; 15 U.S.C.
78c(b); 15 U.S.C. 78l; 15 U.S.C. 78m; 15 U.S.C. 78o(d); 15 U.S.C.
78w(a)
    Abstract: The Division is considering recommending that the
Commission adopt amendments to Rules 3-10 (guaranteed) and 3-16
(collateralized with affiliate securities) of Regulation S-X.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   10/02/18  83 FR 49630
NPRM Comment Period End.............   12/03/18  .......................
Final Action........................   09/00/20  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: John Fieldsend, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM12

509. Extending the Testing the Waters Provision to Non-Emerging Growth
Companies

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77g; 15 U.S.C. 77j; 15 U.S.C. 77s; 15
U.S.C. 77z-3; 15 U.S.C. 80a-6; 15 U.S.C. 80a-24; 15 U.S.C. 80a-37
    Abstract: The Division is considering recommending that the
Commission adopt amendments to extend the testing of the waters
provision to non-emerging growth companies.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   02/28/19  84 FR 6713
NPRM Comment Period End.............   04/29/19  .......................
Final Action........................   12/00/19  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Maryse Mills-Apenteng, Special Counsel, Office of
Information Technologies and Services, Securities and Exchange
Commission, Division of Corporation Finance, 100 F Street NE,
Washington, DC 20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM23

510. Accelerated Filer Definition

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 78e(h); 15 U.S.C. 78l; 15 U.S.C. 78m; 15
U.S.C. 78o(d); 15 U.S.C. 78w(a)
    Abstract: The Division is considering recommending that the
Commission adopt changes to the ``accelerated filer'' definition in
Exchange Act Rule 12b-2 that would have the effect of reducing the
number of registrants that are subject to the Sarbanes-Oxley Act
Section 404(b) attestation requirement.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   05/29/19  84 FR 24876
NPRM Comment Period End.............   07/29/19
Final Action........................   04/00/20
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: John Fieldsend, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM41

SECURITIES AND EXCHANGE COMMISSION (SEC)

Division of Corporation Finance

Long-Term Actions

511. Pay Versus Performance

    E.O. 13771 Designation: Independent agency.
    Legal Authority: Pub. L. 111-203, sec. 953(a); 15 U.S.C. 78c(b); 15
U.S.C. 78n; 15 U.S.C. 78w(a); 15 U.S.C. 78mm
    Abstract: The Commission proposed rules to implement section 953(a)
of the Dodd-Frank Act, which added section 14(i) to the Exchange Act to
require issuers to disclose information that shows the relationship
between executive compensation actually paid and the financial
performance of the issuer.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   05/07/15  80 FR 26329
NPRM Comment Period End.............   07/06/15
Next Action Undetermined............
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Steven G. Hearne, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AL00

512. Universal Proxy

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 78n; 15 U.S.C. 78w(a)

    Abstract: The Commission proposed to amend the proxy rules to
expand shareholders' ability to vote by proxy to select among duly-
nominated candidates in a contested election of directors.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   11/10/16  81 FR 79122
NPRM Comment Period End.............   01/09/17
Next Action Undetermined............
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Ted Yu, Division of Corporation Finance, Securities
and Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone:
202 551-3500, Email<EMAIL_ADDRESS>    RIN: 3235-AL84

513. Corporate Board Diversity

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77c(b); 15 U.S.C. 77f; 15 U.S.C. 77g; 15
U.S.C. 78l; 15 U.S.C. 78m
    Abstract: The Division is considering recommending that the
Commission propose amendments to the proxy rules to require additional
disclosure about the diversity of board members and nominees.
    Timetable: Next Action Undetermined.
    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Felicia H. Kung, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AL91

514. Conflict Minerals Amendments

    E.O. 13771 Designation: Independent agency.
    Legal Authority: Sec. 1502, Pub. L. 111-203, 124 Stat. 1376 and
2213; 15 U.S.C. 77c; 15 U.S.C. 77d; 15 U.S.C. 77g; 15 U.S.C. 77j; 15
U.S.C. 77s; 15 U.S.C. 77z-2; 15 U.S.C. 77z-3; 15 U.S.C. 77eee; 15
U.S.C. 77ggg; 15 U.S.C. 77jjj; 15 U.S.C. 77kkk; 15 U.S.C. 77nnn; 15
U.S.C. 77sss; 15 U.S.C. 77ttt; 15 U.S.C. 78a et seq.; 15 U.S.C. 78c; 15
U.S.C. 78i; 15 U.S.C. 78j; 15 U.S.C. 78j-1; 15 U.S.C. 78k; 15 U.S.C.
78k-1; 15 U.S.C. 78l; 15 U.S.C. 78m; 15 U.S.C. 78n; 15 U.S.C. 78n-1; 15
U.S.C. 78o; 15 U.S.C. 78o-4; 15 U.S.C. 78o-8; 15 U.S.C. 78d; 15 U.S.C.
78e; 15 U.S.C. 78f; 15 U.S.C. 78g; 15 U.S.C. 78p; 15 U.S.C. 78q; 15
U.S.C. 78s; 15 U.S.C. 78u-5; 15 U.S.C. 78w; 15 U.S.C. 78x; 15 U.S.C.
78dd(b); 15 U.S.C. 78dd(c); 15 U.S.C. 78ll; 15 U.S.C. 78mm; 15 U.S.C.
80a-20; 15 U.S.C. 80a-23; 15 U.S.C. 80a-29; 15 U.S.C. 80a-37; 15 U.S.C.
80b-3; 15 U.S.C. 80b-4; 15 U.S.C. 80b-11; 15 U.S.C. 7201 et seq.; 15
U.S.C. 8302; 18 U.S.C. 1350; 12 U.S.C. 5221(e)(3)
    Abstract: The Division is considering recommendations for the
Commission to address the U.S. District Court for the District of
Columbia's final decision (Nat'l Ass'n of Mfrs., et al. v. SEC, No. 13-
CF-000635 (D.D.C. Apr. 3, 2017)) in the litigation over the conflict
minerals rule. The district court set aside those portions of the rule
that required companies to report to the Commission and state on their
website that any of their products ``have not been found to be `DRC
conflict free.' ''
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   12/23/10  75 FR 80947
NPRM Comment Period End.............   01/31/11
NPRM Comment Period Extended........   02/03/11  76 FR 6110
NPRM Comment Period Extended End....   03/02/11
Final Action........................   09/12/12  77 FR 56273
Final Action Effective..............   11/12/12
Next Action Undetermined............
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: John Fieldsend, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM14

515. Mandated Electronic Filings

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77d; 15 U.S.C. 77f; 15 U.S.C. 77g; 15
U.S.C. 77h; 15 U.S.C. 77j; 15 U.S.C. 77s(a); 15 U.S.C. 78c; 15 U.S.C.
78l; 15 U.S.C. 78m; 15 U.S.C. 78n; 15 U.S.C. 78o(d); 15 U.S.C. 78p; 15
U.S.C. 78w(a); 15 U.S.C. 78ll
    Abstract: The Division is considering recommending that the
Commission propose amendments to Regulation S-T that would update the
mandated electronic submissions requirements to include additional
filings.
    Timetable: Next Action Undetermined.
    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Sean Harrison, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM15

SECURITIES AND EXCHANGE COMMISSION (SEC)

Division of Corporation Finance

Completed Actions

516. Simplification of Disclosure Requirements for Emerging Growth
Companies and Forward Incorporation by Reference on Form S-1 for
Smaller Reporting Companies

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77f; 15 U.S.C. 77g; 15 U.S.C. 77h; 15
U.S.C. 77j; Pub. L. 114-94, secs. 71003 and 84001; Pub. L. 112-106,
sec. 102; 15 U.S.C. 77s
    Abstract: An interim final rule was adopted on 01/19/2016, and this
item is being withdrawn from the agenda.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Interim Final Rule..................   01/19/16  81 FR 2743
Interim Final Rule Effective........   01/19/16
Interim Final Rule Comment Period      02/18/16
 End.
Withdrawn...........................   08/22/19
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Steven G. Hearne, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AL88

517. Form 10-K Summary

    E.O. 13771 Designation: Independent agency.
    Legal Authority: Pub. L. 114-94; 15 U.S.C. 78c; 15 U.S.C. 78l; 15
U.S.C. 78m; 15 U.S.C. 78o; 15 U.S.C. 78w
    Abstract: An interim final rule was adopted on 06/09/2016, and this
item is being withdrawn from the agenda.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Interim Final Rule..................   06/09/16  81 FR 37132
Interim Final Rule Effective........   06/09/16
Interim Final Rule Comment Period      07/11/16
 End.
Withdrawn...........................   08/22/19
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Sean Harrison, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AL89

518. Amendments To Implement FAST Act Report

    E.O. 13771 Designation: Independent agency.
    Legal Authority: Pub. L. 114-94; 129 Stat. 1312
    Abstract: The Commission adopted rule amendments to implement
recommendations made in the staff's 2016 Report on Modernization and
Simplification of Regulation S-K, a report to Congress required by
section 72003 of the FAST Act. As required by the FAST Act, the report
included various recommendations on ways to modernize and simplify the
disclosure requirements in Regulation S-K in a manner that reduces the
costs and burdens on companies while still providing all material
information to investors as well as ways to improve the readability and
navigability of disclosure documents and discourage repetition and
disclosure of immaterial information.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   11/02/17  82 FR 50988
NPRM Comment Period End.............   01/02/18
Final Action........................   04/02/19  84 FR 12674
Final Action Effective..............   05/02/19
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Dan Greenspan, Division of Corporation Finance,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM00

SECURITIES AND EXCHANGE COMMISSION (SEC)

Division of Investment Management

Proposed Rule Stage

519. Use of Derivatives by Registered Investment Companies and Business
Development Companies

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 80a-6(c); 15 U.S.C. 80a-31(a); 15 U.S.C.
80a-12(a); 15 U.S.C. 80a-38(a); 15 U.S.C. 80a-8; 15 U.S.C. 80a-30; 15
U.S.C. 80a-38
    Abstract: The Division is considering recommending that the
Commission re-propose a new rule designed to enhance the regulation of
the use of derivatives by registered investment companies, including
mutual funds, exchange-traded funds, closed-end funds, and business
development companies.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   12/28/15  80 FR 80884
NPRM Comment Period End.............   03/28/16
Second NPRM.........................   04/00/20
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Brian Johnson, Division of Investment Management,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AL60

SECURITIES AND EXCHANGE COMMISSION (SEC)

Division of Investment Management

Final Rule Stage

520. Fund of Funds Arrangements

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 80a-8(b); 15 U.S.C. 80a-6(c); 15 U.S.C.
80a-12(d)(1)(G); 15 U.S.C. 80a-12(d)(1)(J); 15 U.S.C. 80a-17(b); 15
U.S.C. 80a-29(a); 15 U.S.C. 80a-37(a)
    Abstract: The Division is considering recommending that the
Commission adopt new rules and rule amendments to allow funds to
acquire shares of other funds (i.e., ``fund of funds'' arrangements),
including arrangements involving exchange-traded funds, without first
obtaining exemptive orders from the Commission.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   02/01/19  84 FR 1286
NPRM Comment Period End.............   05/02/19
Final Action........................   04/00/20
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Melissa Gainor, Division of Investment Management,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM29

521. Offering Reform for Business Development Companies Under the Small
Business Credit Availability Act and Closed-End Funds Under the
Economic Growth, Regulatory Relief, and Consumer Protection Act

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77f to 77i; 15 U.S.C. 77s; 15 U.S.C.
77z-2 and 77z-3; 15 U.S.C. 78b and 78c(b); 15 U.S.C. 78i(a); 15 U.S.C.
78i; 15 U.S.C. 78l; 15 U.S.C. 78m to 78o; 15 U.S.C. 78q(a); 15 U.S.C.
78u-5; 15 U.S.C. 78w; 15 U.S.C. 78ll; 15 U.S.C. 78mm; 15 U.S.C. 80a-
6(c); 15 U.S.C. 80a-8; 15 U.S.C. 80a-20(a); 15 U.S.C. 80a-23 and 80a-
24; 15 U.S.C. 80a-29 and 80a-30; 15 U.S.C. 80a-36 and 80a-37; Pub. L.
115-141, title VIII, sec. 803(b); Pub. L. 115-174, sec. 509(a)
    Abstract: The Division is considering recommending that the
Commission adopt amendments to existing rules and/or adopt new rules--
under the Securities Act of 1933 and the Investment Company Act of 1940
to implement section 803 of the Small Business Credit Availability Act
and section 509 of the Economic Growth, Regulatory Relief, and Consumer
Protection Act.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   04/10/19  84 FR 14448
NPRM Comment Period End.............   06/10/19
Final Action........................   04/00/20
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Brian Johnson, Division of Investment Management,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM31

SECURITIES AND EXCHANGE COMMISSION (SEC)

Division of Investment Management

Long-Term Actions

522. Reporting of Proxy Votes on Executive Compensation and Other
Matters

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 78m; 15 U.S.C. 78w(a); 15 U.S.C. 78mm;
15

U.S.C. 78x; 15 U.S.C. 80a-8; 15 U.S.C. 80a-29; 15 U.S.C. 80a-30; 15
U.S.C. 80a-37; 15 U.S.C. 80a-44; Pub. L. 111-203, sec 951
    Abstract: The Division is considering recommending that the
Commission re-propose rule amendments to implement section 951 of the
Dodd-Frank Act. The Commission previously proposed amendments to rules
and Form N-PX that would require institutional investment managers
subject to section 13(f) of the Exchange Act to report how they voted
on any shareholder vote on executive compensation or golden parachutes
pursuant to sections 14A(a) and (b) of the Exchange Act.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   10/28/10  75 FR 66622
NPRM Comment Period End.............   11/18/10
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Second NPRM.........................           To Be Determined
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Matthew DeLesDernier, Division of Investment
Management, Securities and Exchange Commission, 100 F Street NE,
Washington, DC 20549, Phone:<PHONE_NUMBER>, Email:
<EMAIL_ADDRESS>    RIN: 3235-AK67

523.  Amendments to the Custody Rules for Investment Companies

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 80a-6(c); 15 U.S.C. 80a-17(f); 15 U.S.C.
80a-26; 15 U.S.C. 80a-28; 15 U.S.C. 80a-29; 15 U.S.C. 80a-30; 15 U.S.C.
80a-31; 15 U.S.C. 80a-36; 15 U.S.C. 80a-37; 15 U.S.C. 80a-37(a)
    Abstract: The Division is considering recommending that the
Commission propose amendments to rules concerning custody under the
Investment Company Act of 1940.
    Timetable: Next Action Undetermined.
    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Jacob Krawitz, Branch Chief, Division of Investment
Management, Securities and Exchange Commission, 100 F Street NE,
Washington, DC 20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM66

524.  Amendments to the Family Office Rule

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 80b-2(a)(11)(G); 15 U.S.C. 80b-6a
    Abstract: The Division is considering recommending that the
Commission propose targeted amendments to the family office rule under
section 202(a)(11) of the Investment Advisers Act of 1940.
    Timetable: Next Action Undetermined.
    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Thoreau Adrian Bartmann, Division of Investment
Management, Securities and Exchange Commission, 100 F Street NE,
Washington, DC 20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM67

525.  Amendments to Rule 17A-7 Under the Investment Company Act

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 80a-6(c); 15 U.S.C. 80a-10(f); 15 U.S.C.
80a-17(d); 15 U.S.C. 80a-37(a)
    Abstract: The Division is considering recommending that the
Commission propose amendments to rule 17a-7 under the Investment
Company Act concerning the exemption of certain purchase or sale
transactions between an investment company and certain affiliated
persons.
    Timetable: Next Action Undetermined.
    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Jacob Krawitz, Branch Chief, Division of Investment
Management, Securities and Exchange Commission, 100 F Street NE,
Washington, DC 20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM69

SECURITIES AND EXCHANGE COMMISSION (SEC)

Division of Investment Management

Completed Actions

526. Form CRS Relationship Summary; Amendments to Form ADV; Required
Disclosures to Retail Customers and Restrictions on the Use of Certain
Names or Titles

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 80b-11(g); 15 U.S.C. 78c; 15 U.S.C. 78j;
15 U.S.C. 78o; 15 U.S.C. 78o(c)(6); 15 U.S.C. 78o(l); 15 U.S.C. 78q; 15
U.S.C. 78w; 15 U.S.C. 78mm
    Abstract: The Commission adopted new and amended rules and forms
under the Investment Advisers Act of 1940 and the Securities Exchange
Act of 1934 to (1) Require registered investment advisers and
registered broker-dealers to provide a brief relationship summary to
retail investors and (2) reduce investor confusion in the marketplace
for firm services.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
ANPRM...............................   03/07/13  78 FR 14848
ANPRM Comment Period End............   07/05/13
NPRM................................   05/23/18  83 FR 23848
NPRM Comment Period End.............   08/07/18
Final Action........................   07/12/19  84 FR 33492
Final Action Effective..............   09/10/19
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Emily Russell, Division of Trading and Markets,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    Jennifer Porter, Division of Investment Management, Securities and
Exchange Commission, 100 F Street NE, Washington, DC 20549, Phone: 202
551-6739, Email<EMAIL_ADDRESS>    RIN: 3235-AL27

SECURITIES AND EXCHANGE COMMISSION (SEC)

Division of Trading and Markets

Long-Term Actions

527. Removal of Certain References to Credit Ratings Under the
Securities Exchange Act of 1934

    E.O. 13771 Designation: Independent agency.
    Legal Authority: Pub. L. 111-203, sec. 939A
    Abstract: Section 939A of the Dodd-Frank Act requires the
Commission to remove certain references to credit ratings from its
regulations and to substitute such standards of creditworthiness as the
Commission determines to be appropriate. The Commission amended certain
rules and one form under the Exchange Act applicable to broker-dealer
financial responsibility and confirmation of transactions. The
Commission has not yet finalized amendments to certain rules regarding
the distribution of securities.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   05/06/11  76 FR 26550

NPRM Comment Period End.............   07/05/11
Final Action........................   01/08/14  79 FR 1522
Final Action Effective..............   07/07/14
Next Action Undetermined............
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: John Guidroz, Division of Trading and Markets,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AL14

SECURITIES AND EXCHANGE COMMISSION (SEC)

Division of Trading and Markets

Completed Actions

528. Regulation Best Interest

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 78c; 15 U.S.C. 78j; 15 U.S.C. 78o; 15
U.S.C. 78q; 15 U.S.C. 78w; 15 U.S.C. 78mm
    Abstract: The Commission adopted rules to establish a standard of
conduct for broker-dealers and natural persons who are associated
persons of a broker-dealer when making a recommendation of any
securities transaction or investment strategy involving securities to a
retail customer, as well as to implement related record-making and
recordkeeping obligations.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   05/09/18  83 FR 21574
NPRM Comment Period End.............   08/07/18
Final Action........................   07/12/19  84 FR 33318
Final Action Effective..............   09/10/19
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Lourdes Gonzalez, Assistant Chief Counsel, Sales
Practices, Division of Trading and Markets, Securities and Exchange
Commission, 100 F St. NE, Washington, DC 20549, Phone:<PHONE_NUMBER>,
Email<EMAIL_ADDRESS>    RIN: 3235-AM35

SECURITIES AND EXCHANGE COMMISSION (SEC)

Offices and Other Programs

Completed Actions

529. Auditor Independence With Respect to Loans or Debtor-Creditor
Relationships

    E.O. 13771 Designation: Independent agency.
    Legal Authority: 15 U.S.C. 77f; 15 U.S.C. 77g; 15 U.S.C. 77h; 15
U.S.C. 77j; 15 U.S.C. 77s; 15 U.S.C. 77z-2; 15 U.S.C. 77z-3; 15 U.S.C.
77aa(25); 15 U.S.C. 77aa(26); 15 U.S.C. 77nn(25); 15 U.S.C. 77nn(26);
15 U.S.C. 78c; 15 U.S.C. 78j-1; 15 U.S.C. 78l; 15 U.S.C. 78m; 15 U.S.C.
78n; 15 U.S.C. 78o(d); 15 U.S.C. 78q; 15 U.S.C. 78u-5; 15 U.S.C. 78w;
15 U.S.C. 78ll; 15 U.S.C. 78mm; 15 U.S.C. 80a-8; 15 U.S.C. 80a-20; 15
U.S.C. 80a-29; 15 U.S.C. 80a-30; 15 U.S.C. 80a-37(a); 15 U.S.C. 80b-3;
15 U.S.C. 80b-11; 15 U.S.C. 7202; 15 U.S.C. 7262
    Abstract: The Commission amended rule 2-01(c)(1)(ii)(A) of
Regulation S-X regarding the independence of an accountant when the
accountant has a lending relationship with an entity that holds equity
securities of the accountant's audit client. The amendments focus the
analysis on beneficial ownership; replace the existing 10 percent
bright-line shareholder ownership test with a ``significant influence''
test; add a ``known through reasonable inquiry'' standard with respect
to identifying beneficial owners of the audit client's equity
securities; and exclude from the definition of ``audit client,'' for a
fund under audit, any other funds that otherwise would be considered
affiliates of the audit client.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   05/08/18  83 FR 20753
NPRM Comment Period End.............   07/09/18
Final Action........................   07/05/19  84 FR 32040
Final Action Effective..............   10/03/19
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Giles Taffle Cohen, Office of Chief Accountant,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>    RIN: 3235-AM01

[FR Doc. 2019-26563 Filed 12-23-19; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register Volume 76, Number 181 (Monday, September 19, 2011)]
[Notices]
[Pages 58079-58082]
[FR Doc No: 2011-23885]

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

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

Notice of Passenger Facility Charge (PFC) Approvals and
Disapprovals

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Monthly Notice of PFC Approvals and Disapprovals. In August
2011, there were 10 applications approved. This notice also includes
information on three applications, approved in July 2011, inadvertently
left off the July 2011 notice. Additionally, 10 approved amendments to
previously approved applications are listed.

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

SUMMARY: The FAA publishes a monthly notice, as appropriate, of PFC
approvals and disapprovals under the provisions of the Aviation Safety
and Capacity Expansion Act of 1990 (Title IX of the Omnibus Budget
Reconciliation Act of 1990) (Pub. L. 101-508) and Part 158 of the
Federal Aviation Regulations (14 CFR part 158). This notice is
published pursuant to paragraph d of Sec.  158.29.

PFC Applications Approved

    Public Agency: Luzerne and Lackawanna Counties, Avoca,
Pennsylvania.
    Application Number: 11-08-C-00-AVP.
    Application Type: Impose and use a PFC.
    PFC Level: $4.50.
    Total PFC Revenue Approved in This Decision: $2,611,599.
    Earliest Charge Effective Date: August 1, 2018.
    Estimated Charge Expiration Date: June 1, 2025.
    Class of Air Carriers Not Required to Collect PFCs: None.
    Brief Description of Projects Approved for Collection and Use:

Expand general aviation apron.
Acquire security equipment.
Acquire snow removal equipment.
Acquire aircraft rescue and firefighting vehicle.
Conduct miscellaneous study.
Install guidance signs.
Rehabilitate runway, phases I, II, and III.
Rehabilitate taxiway B, phases I and II.
Acquire snow removal equipment--snow blower.
Acquire aircraft rescue and firefighting vehicle.
Acquire snow removal equipment, phase II.
Construct taxiway to runway 10/28.
Design/construct air cargo/general aviation apron.
Design passenger terminal apron.
Construct aircraft rescue and firefighting building, phases I and II.
Rehabilitate runway 10/28.
Rehabilitate taxiway D (east) and northwest end of taxiway A.
Security enhancements.
Acquire snow removal equipment, phase I.
Improve runway safety area, runway 4, phases I and II.
Acquire snow removal equipment, phase II.
Upgrade and relocate airfield equipment and air traffic control tower
center controls for new control tower.
Design and construct new south general aviation apron.
Remove obstructions.
Design and construct access road for general aviation area.
Design terminal expansion and in-line baggage screening system.
Design and construct taxiway B extension (runway 22 approach end).

    Decision Date: July 21, 2011.
    For Further Information Contact: Lori Ledebohm, Harrisburg Airports
District Office,<PHONE_NUMBER>.
    Public Agency: County of Humboldt, Eureka, California.
    Application Number: 11-10-C-00-ACV.
    Application Type: Impose and use a PFC.
    Total PFC Revenue Approved in This Decision: $1,851,818.
    PFC Level: $4.50.
    Earliest Charge Effective Date: October 1, 2011.
    Estimated Charge Expiration Date: August 1, 2016.
    Classes of Air Carriers Not Required To Collect PFCs: (1)
Nonscheduled/on-demand air carriers filing FAA From 1800-31; and (2)
nonscheduled large certificated air carriers filing Department of
Transportation Research and Special Programs Administration Form T-100.
    Determination: Approved. Based on information contained in the
public agency's application, the FAA has determined that each proposed
class accounts for less than 1 percent of the total annual enplanements
at Arcata Airport (ACV).
    Brief Description of Projects Approved for Collection at ACV and
USE at ACV:

PFC administration.
Runway 14/32 safety area improvements.
Runway 01/19 safety area grading enhancements.
Wildlife hazard assessment.
Bluff stabilization at runway 14 end--design.
Bluff stabilization at runway 14 end--construction.
Study removal of obstructions in runway approach.
Airfield lighting upgrade.
Handicapped passenger boarding equipment.

    Brief Description of Projects Approved for Collection at ACV and
Use at Dinsmore Airport (D63):

Study removal of obstructions in runway approach.
Removal of obstructions in runway approach.
Installation of windsock and segmented circle.
    Brief Description of Projects Approved for Collection at ACV and
Use at Garberville Airport (O16):

Study removal of obstructions in runway approach.
Design runway 18/36 rehabilitation.
Removal of obstructions in runway approach.
Runway 18/36 rehabilitation.
Rehabilitate and expand aircraft ramp.
Design runway 18/36 safety area drainage.

    Brief Description of Projects Approved for Collection at ACV and
Use at Kneeland Airport (O19):

Study removal of obstructions in runway approach.
Design fencing and gates.
Install fencing and gates.

    Brief Description of Projects Approved for Collection at ACV and
Use at Murray Field (EKA):

Design wildlife perimeter fencing.
Design automated weather observing system.
Design runway 12/30 rehabilitation.
Upgrade runway 12/30 lighting.
Runway 12/30 rehabilitation.
Design access road rehabilitation.

    Brief Description of Projects Approved for Collection at ACV and
Use at Rohnerville Airport (FOT):

Runway/taxiway rehabilitation, phase 1.
Runway/taxiway rehabilitation, phase 2.
Reconstruct aircraft ramp.

    Brief Description of Projects Approved for Collection at ACV for
Future Use at ACV:

Construct aircraft rescue and firefighting station.
Taxiways B and G drainage improvements.
Design a new access roadway.

    Brief Description of Projects Approved for Collection at ACV for
Future Use at D63:

Design west end storm drain improvements.
Construct west end storm drain improvements.
Design fencing and gates.
Construct fencing and gates.

    Brief Description of Project Approved for Collection at ACV for
Future Use at

O16: Construct runway 18/36 safety area drainage.
    Brief Description of Project Approved for Collection at ACV for
Future Use at O19: Construct erosion control/bluff stabilization.
    Brief Description of Project Approved for Collection at ACV for
Future Use at EKA: Access road rehabilitation.
    Brief Description of Project Approved for Use at O16: Install
automated weather observing system.
    Brief Description of Project Approved for Use at O19: Design
erosion control/stabilization.
    Brief Description of Projects Approved for Use at EKA:

Install perimeter fencing and gates.
Install automated weather observing system.

    Brief Description of Project Approved for Use at FOT: Install
automated weather observing system.
    Brief Description of Disapproved Project: Procure 1-inch jet pump
for runway marking/striper installation.
    Determination: Disapproved. This project does not meet the
requirements of Sec.  158.15(b) and, therefore, is not eligible for
PFCs.
    Decision Date: July 22, 2011.
    For Further Information Contact: Gretchen Kelly, San Francisco
Airports District Office,<PHONE_NUMBER>, extension 623.
    Public Agency: Pitt County--City of Greenville Airport Authority,
Greenville, North Carolina.
    Application Number: 11-04-C-00-PGV.
    Application Type: Impose and use a PFC.
    Total PFC Revenue Approved in This Decision: $9,589,497.
    PFC Level: $4.50.
    Earliest Charge Effective Date: October 1, 2011.
    Estimated Charge Expiration Date: October 1, 2038.
    Class of Air Carriers Not Required To Collect PFCs: Air taxi/
commercial operators filing FAA Form 1800-31.
    Determination: Approved. Based on information contained in the
public agency's application, the FAA has determined that the proposed
class accounts for less than 1 percent of the total annual enplanements
at Pitt-Greenville Airport.
    Brief Description of Projects Approved for Collection and Use:

North jetway loading bridges and ancillary equipment.
Stormwater pollution prevention plan and spill prevention control and
countermeasure plan updates.
Terminal expansion construction professional services.
Terminal expansion passenger seating.
Rehabilitate deicing ramp (design and construction).
Air carrier apron expansion (design and construction).
Master plan/airport layout plan update.
Geographic information system mapping.
Apron lighting (design and construction).
PFC program development.
PFC program administration.

    Brief Description of Projects Approved for Collection:

Land acquisition runway 20 approach, professional services.
Runway 2/20 runway safety area extension (design and construction).
Land acquisition, runway 20 extension (Lewis parcels).
Land acquisition, runway 20 runway safety area and runway extension.

    Brief Description of Disapproved Project: Demolish former Army
Reserve building.
    Determination: Disapproved. This project does not meet the
requirements of Sec.  158.15(b) and, therefore, is not eligible for
PFCs.
    Decision Date: July 22, 2011.
    For Further Information Contact: John Marshall, Atlanta Airports
District Office,<PHONE_NUMBER>.
    Public Agency: Virgin Islands Port Authority, St. Thomas, Virgin
Islands.
    Application Number: 11-05-C-00-STX.
    Application Type: Impose and use a PFC.
    PFC Level: $3.00.
    Total PFC Revenue Approved in This Decision: $1,869,822.
    Earliest Charge Effective Date: October 1, 2011.
    Estimated Charge Expiration Date: February 1, 2021.
    Class of Air Carriers Not Required To Collect PFC's: None.
    Brief Description of Project Approved for Collection at Henry E.
Rohlsen Airport and Use at Cyril E. King Airport: Terminal
improvements.
    Decision Date: August 11, 2011.
    For Further Information Contact: Susan Moore, Orlando Airports
District Office,<PHONE_NUMBER>.
    Public Agency: Virgin Islands Port Authority, St. Thomas, Virgin
Islands.
    Application Number: 11-08-C-00-STT.
    Application Type: Impose and use a PFC.
    PFC Level: $4.50.
    Total PFC Revenue Approved in This Decision: $13,353,396.
    Earliest Charge Effective Date: April 1, 2012.
    Estimated Charge Expiration Date: October 1, 2021.
    Class of Air Carriers Not Required To Collect PFC's: None.
    Brief Description of Project Partially Approved for Collection and
Use: Terminal improvements.
    Determination: Several project components were determined to serve
both eligible and ineligible areas. Therefore, those components were
partially approved.
    Decision Date: August 11, 2011.
    For Further Information Contact: Susan Moore, Orlando Airports
District Office,<PHONE_NUMBER>.
    Public Agency: Toledo-Lucas County Port Authority, Toledo, Ohio.
    Application Number: 11-06-C-00-TOL.
    Application Type: Impose and use a PFC.
    Total PFC Revenue Approved in This Decision: $2,288,261.
    PFC Level: $4.50.
    Earliest Charge Effective Date: December 1, 2011.
    Estimated Charge Expiration Date: June 1, 2018.
    Class of Air Carriers Not Required To Collect PFCs: Nonscheduled/
on-demand air carriers filing FAA Form 1800-31.
    Determination: Approved. Based on information contained in the
public agency's application, the FAA has determined that the proposed
class accounts for less than 1 percent of the total annual enplanements
at Toledo Express Airport.
    Brief Description of Projects Approved for Collection and Use:

Rehabilitation of runway 16/34--construction.
Rehabilitate taxiway D shoulders--design and construction.
Rehabilitate runway 7/25--design.
Reconstruction/relocation of taxiway N--construction.
Rehabilitate runway 7/25--construction.
Rehabilitate taxiways B, A, and B-1--design.
Pavement condition update.
Acquire aircraft rescue and firefighting vehicle.
Acquire passenger loading bridge.

    Decision Date: August 12, 2011.
    For Further Information Contact: Mary Jagiello, Detroit Airports
District Office,<PHONE_NUMBER>.
    Public Agency: Oklahoma City Airport Trust, Oklahoma City,
Oklahoma.
    Application Number: 11-04-C-00-0KC.
    Application Type: Impose and use a PFC.
    Total PFC Revenue Approved in This Decision: $5,226,000.
    PFC Level: $4.50.
    Earliest Charge Effective Date: August 1, 2020.

    Estimated Charge Expiration Date: March 1, 2021.
    Class of Air Carriers Not Required To Collect PFC's: Air taxi/
commercial operators filing FAA Form 1800-31.
    Determination: Approved. Based on information contained in the
public agency's application, the FAA has determined that the proposed
class accounts for less than 1 percent of the total annual enplanements
at Will Rogers World Airport.
    Brief Description of Projects Approved for Collection and Use:

Checked baggage inspection system.
PFC consulting services.

    Decision Date: August 17, 2011.
    For Further Information Contact: Lana Logan, Arkansas/Oklahoma
Airports Development Office,<PHONE_NUMBER>.
    Public Agency: Tweed--New Haven Airport Authority, New Haven
Connecticut.
    Application Number: 11-05-C-00-HVN.
    Application Type: Impose and use a PFC.
    Total PFC Revenue Approved in This Decision: $328,790.
    PFC Level: $4.50.
    Earliest Charge Effective Date: October 1, 2011.
    Estimated Charge Expiration Date: December 1, 2013.
    Class of Air Carriers Not Required To Collect PFCs: Air taxi/
commercial operators non-scheduled on-demand.
    Determination: Approved. Based on information contained in the
public agency's application, the FAA has determined that the proposed
class accounts for less than 1 percent of the total annual enplanements
at Tweed-New Haven Regional Airport.
    Brief Description of Projects Approved for Collection and Use:

Runway 20 safety area improvements, (runway safety area phase II).
Taxiway B reconstruction and extension wetlands mitigation, (runway
safety area phase III).
Relocate runway 2/20 localizer.
Part 150 noise study.
Runway 2/20 rehabilitation.
Acquire runway sweeper.
Security enhancements.
Continuous friction measuring equipment.

    Brief Description of Disapproved Project: Airfield inspection and
reporting.
    Determination: Disapproved. This project does not meet the
requirements of Sec.  158.15(b) and, therefore, is not eligible for
PFCs.
    Decision Date: August 18, 2011.
    For Further Information Contact: Priscilla Scott, New England
Region Airports Division,<PHONE_NUMBER>.
    Public Agency: City of Waterloo, Iowa.
    Application Number: 11-10-C-00-ALO.
    Application Type: Impose and use a PFC.
    Total PFC Revenue Approved in This Decision: $97,420.
    PFC Level: $4.50.
    Earliest Charge Effective Date: March 1, 2012.
    Estimated Charge Expiration Date: June 1, 2013.
    Class of Air Carriers Not Required To Collect PFCs: None.
    Brief Description of Projects Approved for Collection and Use:

Design taxiways A, B, and E and ramp.
Taxiway E rehabilitation.
PFC annual audit and administration.

    Decision Date: August 18, 2011.
    For Further Information Contact: Jim Johnson, Central Region
Airports Division,<PHONE_NUMBER>.
    Public Agency: City of Lebanon, New Hampshire.
    Application Number: 11-07-C-00-LEB.
    Application Type: Impose and use a PFC.
    Total PFC Revenue Approved in This Decision: $68,519.
    PFC Level: $4.50.
    Earliest Charge Effective Date: October 1, 2011.
    Estimated Charge Expiration Date: November 1, 2013.
    Class of Air Carriers Not Required To Collect PFCs: None.
    Brief Description of Projects Approved for Collection and Use:

Construct apron (wetland restoration).
Update master plan.
Boarding ramp, snow removal equipment, and enhanced taxiway markings.
Miscellaneous improvements (lighting).
Environmental mitigation.
Miscellaneous airport improvements (air traffic control tower
controls).
Acquire snow removal equipment.
Environmental assessment--phase I.
Environmental assessment--phase II.
Wildlife hazard assessment.
Airport property study.
    Environmental assessment--permitting.

    Decision Date: August 18, 2011.
    For Further Information Contact: Priscilla Scott, New England
Region Airports Division,<PHONE_NUMBER>.
    Public Agency: Hall County Airport Authority, Grand Island,
Nebraska.
    Application Number: 11-03-C-00-GRI.
    Application Type: Impose and use a PFC.
    Total PFC Revenue Approved in This Decision: $932,944.
    PFC Level: $4.50.
    Earliest Charge Effective Date: November 1, 2013.
    Estimated Charge Expiration Date: August 1, 2018.
    Class of Air Carriers Not Required To Collect PFCs: None.
    Brief Description of Projects Approved for Collection and Use:

Rehabilitate runway 17/35.
Rehabilitate apron, phase 1.
Rehabilitate runway 17/35, phase 1.
Rehabilitate taxiway, phase 1.
Security enhancements.
Install perimeter fencing.
Rehabilitate apron, phase 2.
Rehabilitate runway 17/35, phase 2.
Rehabilitate taxiway, phase 2.
Rehabilitate apron, phase 3.
Rehabilitate runway 17/35, phase 3.
Rehabilitate taxiway, phase 3.
Rehabilitate runway 17/35, phase 4.
Acquire aircraft rescue and firefighting vehicle.
Security enhancements.
Rehabilitate apron.
Update master plan study.
Acquire snow removal equipment.
Acquire snow removal equipment.
Rehabilitate taxiway, phase 1.
Rehabilitate taxiway, phase 2.
Wildlife hazard assessment.

    Decision Date: August 23, 2011.
    For Further Information Contact: Mark Schenkelberg, Central Region
Airports Division,<PHONE_NUMBER>.
    Public Agency: City of Kearney, Nebraska.
    Application Number: 11-04-C-00-EAR.
    Application Type: Impose and use a PFC.
    Total PFC Revenue Approved in This Decision: $191,378.
    PFC Level: $4.50.
    Earliest Charge Effective Date: October 1, 2011.
    Estimated Charge Expiration Date: April 1, 2016.
    Class of Air Carriers Not Required To Collect PFCs: None.
    Brief Description of Projects Approved for Collection and Use:

General aviation terminal apron, sealcoat.
Runway 13/31 markings and miscellaneous pavement repairs.
Mark surface painted hold position signs.
Environmental assessment.
Land acquisition for runway 3/31.
Airport rescue and firefighting station construction.
Aircraft rescue and firefighting truck.

    Decision Date: August 23, 2011.
    For Further Information Contact: Mark Schenkelberg, Central Region
Airports Division,<PHONE_NUMBER>.

    Public Agency: County and City of Spokane, Spokane, Washington.
    Application Number: 11-09-C-00-GEG.
    Application Type: Impose and use a PFC.
    Total PFC Revenue Approved in This Decision: $10,215,000.
    PFC Level: $4.50.
    Earliest Charge Effective Date: October 1, 2012.
    Estimated Charge Expiration Date: September 1, 2014.
    Class of Air Carriers Not Required To Collect PFCs: None.
    Brief Description of Projects Approved for Collection and Use:

Construct snow removal equipment building.
Snow removal equipment.
Glycol recovery equipment.
PFC application and administration fees.

Decision Date: August 23, 2011.
    For Further Information Contact: Karen Miles, Seattle Airports
District Office,<PHONE_NUMBER>.

                                           Amendments to PFC Approvals
----------------------------------------------------------------------------------------------------------------
                                                                                Original         Amended
                                     Amendment       Original         Amended        estimated       estimated
   Amendment No., City, State      approved date   approved net    approved net    charge  exp.    charge  exp.
                                                    PFC revenue     PFC revenue        date            date
----------------------------------------------------------------------------------------------------------------
07-13-C-02-BNA, Nashville, TN...        07/21/11     $15,720,134     $15,605,263        04/01/11        04/01/11
09-03-C-01-PGV, Greenville, NC..        07/22/11         753,324         596,985        08/01/12        10/01/11
02-01-C-01-WRL, Worland, WY.....        08/08/11          70,500          72,022        03/01/08        03/01/08
01-04-C-02-EUG, Eugene, OR......        08/11/11       2,812,313       4,005,128        06/01/03        08/01/05
07-07-C-02-ALO, Waterloo, IA....        08/23/11         363,977         299,977        03/01/11        12/01/10
10-09-C-01-ALO, Waterloo, IA....        08/23/11          35,100          44,750        03/01/12        09/01/11
00-02-C-02-GRI, Grand Island, NE        08/23/11         545,219         553,865        11/01/13        08/01/11
94-01-I-02-CBE, Wiley, WV.......        08/23/11         150,000         144,345        06/01/06        06/01/06
97-02-U-01-CBE, Wiley, WV.......        08/23/11              NA              NA        06/01/06        06/01/06
08-09-C-01-ACV, Eureka, CA......        08/26/11         926,450         956,975        08/01/11        08/01/11
----------------------------------------------------------------------------------------------------------------

    Issued in Washington, DC, on September 7, 2011.
Joe Hebert,
Manager, Financial Analysis and Passenger Facility Charge Branch.
[FR Doc. 2011-23885 Filed 9-16-11; 8:45 am]
BILLING CODE 4910-13-M


[Federal Register Volume 84, Number 89 (Wednesday, May 8, 2019)]
[Rules and Regulations]
[Pages 20034-20035]
[FR Doc No: 2019-09420]

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DEPARTMENT OF HOMELAND SECURITY

Coast Guard

33 CFR Part 165

[Docket No. USCG-2019-0289]

Safety Zone; Annual Events Requiring Safety Zones in the Captain
of the Port Lake Michigan Zone-St. Joseph Fourth of July Fireworks

AGENCY: Coast Guard, DHS.

ACTION: Notice of enforcement of regulation.

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

SUMMARY: The Coast Guard will enforce a safety zone for the St. Joseph
Fourth of July Fireworks display on the St. Joseph River and Lake
Michigan in St. Joseph, MI from 9 p.m. through 11 p.m. on July 3, 2019.
This action is necessary and intended to ensure safety of life on
navigable waters immediately prior to, during, and after the fireworks
display. During the enforcement period, entry into, transiting, or
anchoring within the safety zone is prohibited unless authorized by the
Captain of the Port Lake Michigan or a designated representative.

DATES: The regulations in 33 CFR 165.929 will be enforced for safety
zone (e)(5), Table 165.929, from 9 p.m. through 11 p.m. on July 3,
2019.

FOR FURTHER INFORMATION CONTACT: If you have questions on this notice
of enforcement, call or email marine event coordinator MST1 Kaleena
Carpino, Prevention Department, Coast Guard Sector Lake Michigan,
Milwaukee, WI; telephone<PHONE_NUMBER>, email<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION: The Coast Guard will enforce the St. Joseph
Fourth of July Fireworks display safety zone listed as item (e)(5) in
Table 165.929 of 33 CFR 165.929 from 9 p.m. through 11:00 p.m. on July
3, 2019 on all waters of Lake Michigan and the St. Joseph River within
the arc of a circle with a 1,000-foot radius from the fireworks launch
site in position 42[deg]06.867' N, 086[deg] 29.463' W. (NAD 83). Entry
into, transiting, or anchoring within the safety zone is prohibited
unless

authorized by the Captain of the Port Lake Michigan or a designated on-
scene representative.
    This notice of enforcement is issued under authority of 33 CFR
165.929, Safety Zones; Annual events requiring safety zones in the
Captain of the Port Lake Michigan zone, and 5 U.S.C. 552(a). In
addition to this publication in the Federal Register, the Coast Guard
will provide the maritime community with advance notification for the
enforcement of this safety zone via Broadcast Notice to Mariners or
Local Notice to Mariners. The Captain of the Port Lake Michigan or a
designated representative will inform the public through a Broadcast
Notice to Mariners of any changes in the planned schedule. The Captain
of the Port Lake Michigan or a representative may be contacted via
Channel 16, VHF-FM, or via telephone<PHONE_NUMBER>.

    Dated: May 2, 2019.
Thomas J. Stuhlreyer,
Captain, U.S. Coast Guard, Captain of the Port, Lake Michigan.
[FR Doc. 2019-09420 Filed 5-7-19; 8:45 am]
 BILLING CODE 9110-04-P


[Federal Register Volume 77, Number 23 (Friday, February 3, 2012)]
[Rules and Regulations]
[Pages 5398-5400]
[FR Doc No: 2012-2390]

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

DEPARTMENT OF HOMELAND SECURITY

Coast Guard

33 CFR Part 165

[Docket No. USCG-2011-1166]
RIN 1625-AA00

Safety Zone; Atlantic Intracoastal Waterway, Vicinity of Marine
Corps Base, Camp Lejeune, NC

AGENCY: Coast Guard, DHS.

ACTION: Temporary final rule.

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

SUMMARY: The Coast Guard is establishing a safety zone on the Atlantic
Intracoastal Waterway (AICW) adjacent to Marine Corps Base (MCB) Camp
Lejeune, North Carolina, which encompasses the navigable waters of the
AICW between Mile Hammock Bay and the Onslow Swing Bridge in support of
military training operations. This action is necessary to provide for
safety of life on navigable waters during the military training
operation. This action is intended to restrict vessel traffic on the
Atlantic Intracoastal Waterway to protect mariners from the hazards
associated with military training operations.

DATES: This rule is effective from 7 a.m. on February 6, 2012 through 4
p.m. on February 7, 2012.

ADDRESSES: Comments and material received from the public, as well as
documents mentioned in this preamble as being available in the docket,
are part of docket USCG-2011-1166 and are available online by going to
http://www.regulations.gov, inserting USCG-2011-1166 in the ``Keyword''
box, and then clicking ``Search.'' This material is also available for
inspection or copying at the Docket Management Facility (M-30), U.S.
Department of Transportation, West Building Ground Floor, Room W12-140,
1200 New Jersey Avenue SE., Washington, DC 20590, between 9 a.m. and 5
p.m., Monday through Friday, except Federal holidays.

FOR FURTHER INFORMATION CONTACT: If you have questions on this
temporary rule, call or email Chief Warrant Officer Joseph Edge,
Waterways Management Division Chief, Sector North Carolina, Coast
Guard; telephone<PHONE_NUMBER>, email<EMAIL_ADDRESS>If you
have questions on viewing the docket, call Renee V. Wright, Program
Manager, Docket Operations, telephone<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION:

Regulatory Information

    On January 10, 2012, we published a notice of proposed rulemaking
(NPRM) entitled Safety Zone; Atlantic Intracoastal Waterway, Vicinity
of Marine Corps Base, Camp Lejeune, NC in the Federal Register (77 FR
1431). We received no comments on the proposed rule. No public meeting
was requested, and none was held.
    Under 5 U.S.C. 553(d)(3), the Coast Guard finds that good cause
exists for making this rule effective less than 30 days after
publication in the Federal Register. Delaying the effective date would
be contrary to the public interest, since immediate action is needed to
ensure the safety of the participants, patrol vessels, and other
vessels transiting the event area. However, the Coast Guard will
provide advance notifications to users of the effected waterways via
marine information broadcasts, local notice to mariners, commercial
radio stations and area newspapers.

Background and Purpose

    On February 6 and 7, 2012 the Marine Corps Base, Camp Lejeune,
North Carolina will be conducting military training operations on the
navigable waters of the Atlantic Intracoastal Waterway between position
34[deg]32'51'' N, 077[deg]19'36'' W and 34[deg]34'15'' N,
077[deg]16'16'' W (NAD 1983). Due to the need to protect mariners from
the hazards associated with the military training operations, vessel
traffic will be temporary restricted between Mile Hammock Bay and the
Onslow Swing Bridge.
    The Coast Guard is establishing a safety zone on specified waters
of the Atlantic Intracoastal Waterway between position 34[deg]32'51''
N, 077[deg]19'36'' W and 34[deg]34'15'' N, 077[deg]16'16'' W (NAD
1983). This safety zone will be established in the vicinity of Camp
Lejeune, NC from 7 a.m. until 11 a.m., and from 12:01 p.m. until 4 p.m.
on February 6, 2012, from 7 a.m. until 11 a.m., and from 12:01 p.m.
until 4 p.m. on February 7, 2012. In the interest of public safety,
general navigation within the safety zone will be restricted during the
specified date and times. Except for participants and vessels
authorized by the Coast Guard Captain of the Port or his
representative, no person or vessel may enter or remain in the
regulated area.

Discussion of Comments and Changes

    The Coast Guard did not receive comments in response to the notice
of proposed rulemaking (NPRM) published in the Federal Register.
Accordingly, the Coast Guard is establishing safety zones on the
specified navigable waters of the Atlantic Intracoastal Waterway.

Regulatory Analyses

    We developed this rule after considering numerous statutes and
executive orders related to rulemaking. Below we summarize our analyses
based on 13 of these statutes or executive orders.

Regulatory Planning and Review

    This rule is not a significant regulatory action under section 3(f)
of Executive Order 12866, Regulatory Planning and Review, and does not
require an assessment of potential costs and benefits under section
6(a)(3) of that Order. The Office of Management and Budget has not
reviewed it under that Order.
    We expect the economic impact of this rule to be so minimal that a
full Regulatory Evaluation is unnecessary. Although this regulation
restricts access to the safety zone, the effect of this rule will not
be significant because: (i) The safety zone will be in effect for a
limited duration; (ii) the zone is of limited size; and (iii) the Coast
Guard will make notifications via maritime advisories so mariners can
adjust their plans accordingly.

Small Entities

    Under the Regulatory Flexibility Act (5 U.S.C. 601-612), we have
considered whether this rule would have a significant economic impact
on a substantial number of small entities. The term ``small entities''
comprises small businesses, not-for-profit organizations that are
independently owned and operated and are not dominant in their fields,
and governmental jurisdictions with populations of less than 50,000.
    The Coast Guard certifies under 5 U.S.C. 605(b) that this rule will
not have a significant economic impact on a substantial number of small
entities because the zone will only be in place for a limited duration,
it is limited in size, and maritime advisories will be issued allowing
the mariners to adjust their plans accordingly.
    This rule would affect the following entities, some of which might
be small entities: The owners and operators of vessels intending to
transit or anchor in that portion of the Atlantic Intracoastal Waterway
from 7 a.m. to 4 p.m. on February 6 and 7, 2012.

Assistance for Small Entities

    Under section 213(a) of the Small Business Regulatory Enforcement
Fairness Act of 1996 (Pub. L. 104-121), in the NPRM we offered to
assist small entities in understanding the rule so that they could
better evaluate its effects on them and participate in the rulemaking
process.
    Small businesses may send comments on the actions of Federal
employees who enforce, or otherwise determine compliance with, Federal
regulations to the Small Business and Agriculture Regulatory
Enforcement Ombudsman and the Regional Small Business Regulatory
Fairness Boards. The Ombudsman evaluates these actions annually and
rates each agency's responsiveness to small business. If you wish to
comment on actions by employees of the Coast Guard, call 1-(888) REG-
FAIR (1-(888) 734-3247). The Coast Guard will not retaliate against
small entities that question or complain about this rule or any policy
or action of the Coast Guard.

Collection of Information

    This rule calls for no new collection of information under the
Paperwork Reduction Act of 1995 (44 U.S.C. 3501-3520).

Federalism

    A rule has implications for federalism under Executive Order 13132,
Federalism, if it has a substantial direct effect on State or local
governments and would either preempt State law or impose a substantial
direct cost of compliance on them. We have analyzed this rule under
that Order and have determined that it does not have implications for
federalism.

Unfunded Mandates Reform Act

    The Unfunded Mandates Reform Act of 1995 (2 U.S.C. 1531-1538)
requires Federal agencies to assess the effects of their discretionary
regulatory actions. In particular, the Act addresses actions that may
result in the expenditure by a State, local, or tribal government, in
the aggregate, or by the private sector of $100,000,000 or more in any
one year. Though this rule will not result in such an expenditure, we
do discuss the effects of this rule elsewhere in this preamble.

Taking of Private Property

    This rule will not effect a taking of private property or otherwise
have taking implications under Executive Order 12630, Governmental
Actions and Interference with Constitutionally Protected Property
Rights.

Civil Justice Reform

    This rule meets applicable standards in sections 3(a) and 3(b)(2)
of Executive Order 12988, Civil Justice Reform, to

minimize litigation, eliminate ambiguity, and reduce burden.

Protection of Children

    We have analyzed this rule under Executive Order 13045, Protection
of Children from Environmental Health Risks and Safety Risks. This rule
is not an economically significant rule and does not create an
environmental risk to health or risk to safety that may
disproportionately affect children.

Indian Tribal Governments

    This rule does not have tribal implications under Executive Order
13175, Consultation and Coordination with Indian Tribal Governments,
because it does not have a substantial direct effect on one or more
Indian tribes, on the relationship between the Federal Government and
Indian tribes, or on the distribution of power and responsibilities
between the Federal Government and Indian tribes.

Energy Effects

    We have analyzed this rule under Executive Order 13211, Actions
Concerning Regulations That Significantly Affect Energy Supply,
Distribution, or Use. We have determined that it is not a ``significant
energy action'' under that order because it is not a ``significant
regulatory action'' under Executive Order 12866 and is not likely to
have a significant adverse effect on the supply, distribution, or use
of energy. The Administrator of the Office of Information and
Regulatory Affairs has not designated it as a significant energy
action. Therefore, it does not require a Statement of Energy Effects
under Executive Order 13211.

Technical Standards

    The National Technology Transfer and Advancement Act (NTTAA) (15
U.S.C. 272 note) directs agencies to use voluntary consensus standards
in their regulatory activities unless the agency provides Congress,
through the Office of Management and Budget, with an explanation of why
using these standards would be inconsistent with applicable law or
otherwise impractical. Voluntary consensus standards are technical
standards (e.g., specifications of materials, performance, design, or
operation; test methods; sampling procedures; and related management
systems practices) that are developed or adopted by voluntary consensus
standards bodies.
    This rule does not use technical standards. Therefore, we did not
consider the use of voluntary consensus standards.

Environment

    We have analyzed this rule under Department of Homeland Security
Management Directive 023-01 and Commandant Instruction M16475.lD, which
guide the Coast Guard in complying with the National Environmental
Policy Act of 1969 (NEPA)(42 U.S.C. 4321-4370f), and have concluded
this action is one of a category of actions which do not individually
or cumulatively have a significant effect on the human environment.
This rule is categorically excluded, under figure 2-1, paragraph
(34)(g), of the Instruction. This rule involves establishment of a
temporary safety zone. An environmental analysis checklist and a
categorical exclusion determination are available in the docket where
indicated under ADDRESSES.

List of Subjects in 33 CFR Part 165

    Harbors, Marine safety, Navigation (water), Reporting and
recordkeeping requirements, Security measures, Waterways.

    For the reasons discussed in the preamble, the Coast Guard amends
33 CFR part 165 as follows:

PART 165--REGULATED NAVIGATION AREAS AND LIMITED ACCESS AREAS

0
1. The authority citation for part 165 continues to read as follows:

    Authority:  33 U.S.C. 1231; 46 U.S.C. Chapter 701, 3306, 3703;
50 U.S.C. 191, 195; 33 CFR 1.05-1, 6.04-1, 6.04-6, 160.5; Pub. L.
107-295, 116 Stat. 2064; Department of Homeland Security Delegation
No. 0170.1.

0
2. Add Sec.  165.T05-1166 to read as follows:

Sec.  165.T05-1166  Safety Zone; Atlantic Intracoastal Waterway,
Vicinity of Marine Corps Base, Camp Lejeune, NC.

    (a) Regulated Area. The following area is a safety zone: specified
waters of the Captain of the Port Sector North Carolina zone, as
defined in 33 CFR 3.25-20, in the vicinity of the Atlantic Intracoastal
Waterway between position 34[deg]32'51'' N/077[deg]19'36'' W and
34[deg]34'15'' N/077[deg]16'16'' W (NAD 1983).
    (b) Definition: For the purposes of this part, Captain of the Port
Representative means any U.S. Coast Guard commissioned, warrant or
petty officer who has been authorized by the Captain of the Port,
Sector North Carolina, North Carolina to act on his behalf.
    (c) Regulations: (1) In accordance with the general regulations in
Sec.  165.23 of this part, entry into this zone is prohibited unless
authorized by the Captain of the Port, Sector North Carolina or his
designated representatives.
    (2) The operator of any vessel in the immediate vicinity of this
safety zone shall:
    (i) Stop the vessel immediately upon being directed to do so by any
commissioned, warrant or petty officer on shore or on board a vessel
that is displaying a U.S. Coast Guard Ensign.
    (ii) Proceed as directed by any commissioned, warrant or petty
officer on shore or on board a vessel that is displaying a U.S. Coast
Guard Ensign.
    (3) The Captain of the Port, Sector North Carolina can be reached
through the Sector Duty Officer at Sector North Carolina in Wilmington,
North Carolina at telephone Number<PHONE_NUMBER>.
    (4) The Coast Guard Representatives enforcing the safety zone can
be contacted on VHF-FM marine band radio channel 13 (165.65Mhz) and
channel 16 (156.8 MHz).
    (d) Enforcement Period: This regulation will be enforced from 7
a.m. until 11 a.m., and from 12:01 p.m. until 4 p.m. on February 6,
2012; from 7 a.m. until 11 a.m., and from 12:01 p.m. until 4 p.m. on
February 7, 2012.

    Dated: January 20, 2012.
Anthony Popiel,
Captain, U.S. Coast Guard, Captain of the Port Sector North Carolina.
[FR Doc. 2012-2390 Filed 2-2-12; 8:45 am]
BILLING CODE 9110-04-P