[Federal Register Volume 79, Number 90 (Friday, May 9, 2014)]
[Notices]
[Pages 26739-26740]
[FR Doc No: 2014-10706]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Project No. 2678-006]

Pacific Gas and Electric Company; Notice of Application Tendered
for Filing With the Commission, and Establishing Procedural Schedule
for Licensing and Deadline for Submission of Final Amendments

    Take notice that the following transmission line only project
application has been filed with the Commission and is available for
public inspection.
    a. Type of Application: Subsequent License--Transmission Line Only.
    b. Project No: P-2678-006.
    c. Date Filed: April 24, 2014.
    d. Applicant: Pacific Gas and Electric Company (PG&E).
    e. Name of Project: Narrows No. 2 Transmission Line Project.
    f. Location: The Narrows No. 2 Transmission Line Project is located
within the Yuba River watershed, in Yuba and Nevada counties,
California. The project originates on public land administered by the
United States Army Corps of Engineers.
    g. Filed Pursuant to: Federal Power Act 16 U.S.C. 791(a)-825(r)
    h. Applicant Contact: Mr. Mark Stewart, Pacific Gas and Electric
Company, 4636 Missouri Flat Road, Placerville, CA, 95667. Tel: (530)
621-7243 or by email at<EMAIL_ADDRESS>    i. FERC Contact: Jim Fargo,<PHONE_NUMBER> or<EMAIL_ADDRESS>    j. Status: This application is not ready for environmental analysis
at this time.
    k. Description of Project: The project includes about 1,638 feet
(0.31 mile) of three-phase, 60-kilovolt transmission line from the Yuba
County Water Authority's (YCWA) Narrows No. 2 Powerhouse (a component
of FERC Project No. 2246), in Yuba County, to PG&E's Narrows No. 2
substation. The

Narrows No. 2 transmission line is not included as part of the Narrows
No. 2 development. PG&E is not proposing to modify the existing project
and does not plan any changes to the operation or maintenance of the
transmission line.
    l. A copy of the application is available for review at the
Commission in the Public Reference Room or may be viewed on the
Commission's Web site at http://www.ferc.gov using the ``eLibrary''
link. Enter the docket number excluding the three digits in the docket
number field to access the document. For assistance, please contact
FERC Online Support at<EMAIL_ADDRESS>or toll free at (866)
208-3676, or for TTY, contact<PHONE_NUMBER>. A copy is also available
for inspection and reproduction at the address in item h above.
    You may also register online at http://www.ferc.gov/docs-filing/esubscription.asp to be notified via email of new filings and issuances
related to this or other pending projects. For assistance, contact FERC
Online Support.
    m. With this notice, we are initiating consultation with the
California State Historic Preservation Officer (SHPO), as required by
section 106, National Historic Preservation Act, and the regulations of
the Advisory Council on Historic Preservation, 36 CFR 800.4.
    n. Procedural schedule and final amendments: This application will
be processed according to the following Licensing Schedule. Revisions
to the schedule will be made if the Commission determines it necessary
to do so.

------------------------------------------------------------------------
                 Milestone                         Tentative date
------------------------------------------------------------------------
Notice of Acceptance/Notice of Ready for    May 2014.
 Environmental Analysis.
Filing of recommendations, preliminary      July 2014.
 terms and conditions, and fishway
 prescriptions.
Commission issues EA......................  September 2014.
Comments on EA............................  October 2014.
Modified Terms and Conditions.............  December 2015.
Commission Issues Final EA................  February 2015.
------------------------------------------------------------------------

    Final amendments to the application must be filed with the
Commission no later than 30 days from the issuance date of the notice
soliciting final terms and conditions.

    Dated: May 5, 2014.
Kimberly D. Bose,
Secretary.
[FR Doc. 2014-10706 Filed 5-8-14; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 86, Number 127 (Wednesday, July 7, 2021)]
[Proposed Rules]
[Pages 35690-35692]
[FR Doc No: 2021-14401]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. FAA-2021-0505; Project Identifier 2018-SW-004-AD]
RIN 2120-AA64

Airworthiness Directives; Leonardo S.p.a. Helicopters

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice of proposed rulemaking (NPRM).

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SUMMARY: The FAA proposes to adopt a new airworthiness directive (AD)
for certain Leonardo S.p.a. Model AB139 and AW139 helicopters. This
proposed AD was prompted by reports of spurious in-flight
disconnections of the automatic flight control system (AFCS). This
proposed AD would require updating certain ``Primus Epic'' system
software, as specified in a European Aviation Safety Agency (now
European Union Aviation Safety Agency) (EASA) AD, which is proposed for
incorporation by reference (IBR). The FAA is proposing this AD to
address the unsafe condition on these products.

DATES: The FAA must receive comments on this proposed AD by August 23,
2021.

ADDRESSES: You may send comments, using the procedures found in 14 CFR
11.43 and 11.45, by any of the following methods:
     Federal eRulemaking Portal: Go to https://www.regulations.gov. Follow the instructions for submitting comments.
     Fax:<PHONE_NUMBER>.
     Mail: U.S. Department of Transportation, Docket
Operations, M-30, West Building Ground Floor, Room W12-140, 1200 New
Jersey Avenue SE, Washington, DC 20590.
     Hand Delivery: Deliver to Mail address above between 9
a.m. and 5 p.m., Monday through Friday, except Federal holidays.
    For EASA material that is proposed for IBR in this AD, contact
EASA, Konrad-Adenauer-Ufer 3, 50668 Cologne, Germany; telephone +49 221
8999 000; email<EMAIL_ADDRESS>internet www.easa.europa.eu. You
may find this IBR material on the EASA website at https://ad.easa.europa.eu. You may view EASA material at the FAA, Office of the
Regional Counsel, Southwest Region, 10101 Hillwood Pkwy., Room 6N-321,
Fort Worth, TX 76177. For information on the availability of EASA
material at the FAA, call<PHONE_NUMBER>. The EASA material is also
available at https://www.regulations.gov by searching for and locating
Docket No. FAA-2021-0505.

Examining the AD Docket

    You may examine the AD docket at https://www.regulations.gov by
searching for and locating Docket No. FAA-2021-0505; or in person at
Docket Operations between 9 a.m. and 5 p.m., Monday through Friday,
except Federal holidays. The AD docket contains this NPRM, the EASA AD,
any comments received, and other information. The street address for
Docket Operations is listed above.

FOR FURTHER INFORMATION CONTACT: Hal Jensen, Aerospace Engineer,
Operational Safety Branch, Compliance & Airworthiness Division, FAA,
950 L'Enfant Plaza N SW, Washington, DC 20024; telephone (202) 267-
9167; email<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION:

Comments Invited

    The FAA invites you to send any written relevant data, views, or
arguments about this proposal. Send your comments to an address listed
under ADDRESSES. Include ``Docket No. FAA-2021-0505; Project Identifier
2018-SW-004-AD'' at the beginning of your comments. The most helpful
comments reference a specific portion of the proposal, explain the
reason for any recommended change, and include supporting data. The FAA
will consider all comments received by the closing date and may amend
this proposal because of those comments.
    Except for Confidential Business Information (CBI) as described in
the following paragraph, and other information as described in 14 CFR
11.35, the FAA will post all comments received, without change, to
https://www.regulations.gov, including any personal information you
provide. The agency will also post a report summarizing each
substantive verbal contact received about this NPRM.

Confidential Business Information

    CBI is commercial or financial information that is both customarily
and actually treated as private by its owner. Under the Freedom of
Information Act (FOIA) (5 U.S.C. 552), CBI is exempt from public
disclosure. If your comments responsive to this NPRM contain commercial
or financial information that is customarily treated as private, that
you actually treat as private, and that is relevant or responsive to
this NPRM, it is important that you clearly designate the submitted
comments as CBI. Please mark each page of your submission containing
CBI as ``PROPIN.'' The FAA will treat such marked submissions as
confidential under the FOIA, and they will not be placed in the public
docket of this NPRM. Submissions containing CBI should be sent to Hal
Jensen, Aerospace Engineer, Operational Safety Branch, Compliance &
Airworthiness Division, FAA, 950 L'Enfant Plaza N SW, Washington, DC
20024; telephone<PHONE_NUMBER>; email<EMAIL_ADDRESS>Any
commentary that the FAA receives that is not specifically designated as
CBI will be placed in the public docket for this rulemaking.

Background

    EASA, which is the Technical Agent for the Member States of the
European Union, has issued EASA AD 2018-0002, dated January 4, 2018
(EASA AD 2018-0002), to correct an unsafe condition for certain
Leonardo S.p.a. Model AB139 and AW139 helicopters.
    This proposed AD was prompted by reports of spurious in-flight
disconnections of the AFCS. The investigation revealed that these AFCS
disconnect events relate to un-commanded single channel autopilot
disengagement for most of the cases, and to some instances of untimely
dual channel autopilot disengagement. The disconnections occurred in
random flight conditions and appeared to be temporary disruptions of
the AFCS' full availability because all functionalities could be
restored by re-engaging the complete system through the AFCS control
panel. The FAA is proposing this AD to address spurious degradation or
unavailability of the full availability of the AFCS. The unsafe
condition, if not addressed, could result in temporary impairment of
the automated flight aid for control of the helicopter and increase the
flightcrew's workload. See EASA AD 2018-0002 for additional background
information.

FAA's Determination

    These helicopters have been approved by EASA and are approved for
operation in the United States. Pursuant to the FAA's bilateral
agreement with the European Union, EASA has notified the FAA about the
unsafe condition described in its AD. The FAA is proposing this AD
after evaluating all known relevant information and determining that
the unsafe condition described previously is likely to exist or develop
on other helicopters of these same type designs.

Related Service Information Under 1 CFR Part 51

    EASA AD 2018-0002 requires installation of certain ``Primus Epic''
system software, depending on the helicopter configuration. EASA AD
2018-0002 allows installation of ``Primus Epic'' system software on a
helicopter after that helicopter has had the software upgrade
installed.
    This material is reasonably available because the interested
parties have access to it through their normal course of business or by
the means identified in the ADDRESSES section.

Proposed AD Requirements in This NPRM

    This proposed AD would require accomplishing the actions specified
in EASA AD 2018-0002, described previously, as incorporated by
reference, except for any differences identified as exceptions in the
regulatory text of this proposed AD.

Explanation of Required Compliance Information

    In the FAA's ongoing efforts to improve the efficiency of the AD
process, the FAA developed a process to use certain civil aviation
authority (CAA) ADs as the primary source of information for compliance
with requirements for corresponding FAA ADs. The FAA has been
coordinating this process with manufacturers and CAAs. As a result,
EASA AD 2018-0002 will be incorporated by reference in the FAA final
rule. This proposed AD would, therefore, require compliance with EASA
AD 2018-0002 in its entirety, through that incorporation, except for
any differences identified as exceptions in the regulatory text of this
proposed AD. Using common terms that are the same as the heading of a
particular section in EASA AD 2018-0002 does not mean that operators
need comply only with that section. For example, where the AD
requirement refers to ``all required actions and compliance times,''
compliance with this AD requirement is not limited to the section
titled ``Required Action(s) and Compliance Time(s)'' in EASA AD 2018-
0002. Service information specified in EASA AD 2018-0002 that is
required for compliance with it will be available at https://www.regulations.gov by searching for and locating Docket No. FAA-2021-
0505 after the FAA final rule is published.

Costs of Compliance

    The FAA estimates that this AD, if adopted as proposed, would
affect 128 helicopters of U.S. registry. The FAA estimates the
following costs to comply with this proposed AD:

                                      Estimated Costs for Required Actions
----------------------------------------------------------------------------------------------------------------
                                                                                Cost per      Cost on U.S.
                Action                         Labor cost           Parts cost        product        operators
----------------------------------------------------------------------------------------------------------------
Software upgrade......................  24 work-hours x $85 per               $0          $2,040        $261,120
                                         hour = $2,040.
----------------------------------------------------------------------------------------------------------------

    The FAA has included all known costs in its cost estimate.
According to the manufacturer, however, some or all of the costs of
this proposed AD may be covered under warranty, thereby reducing the
cost impact on affected operators.

Authority for This Rulemaking

    Title 49 of the United States Code specifies the FAA's authority to
issue rules on aviation safety. Subtitle I, section 106, describes the
authority of the FAA Administrator. Subtitle VII: Aviation Programs,
describes in more detail the scope of the Agency's authority.
    The FAA is issuing this rulemaking under the authority described in
Subtitle VII, Part A, Subpart III, Section 44701: General requirements.
Under that section, Congress charges the FAA with promoting safe flight
of civil aircraft in air commerce by prescribing regulations for
practices, methods, and procedures the Administrator finds necessary
for safety in air commerce. This regulation is within the scope of that
authority because it addresses an unsafe condition that is likely to
exist or develop on products identified in this rulemaking action.

Regulatory Findings

    The FAA determined that this proposed AD would not have federalism
implications under Executive Order 13132. This proposed AD would not
have a substantial direct effect on the States, on the relationship
between the national Government and the States, or on the distribution
of power and responsibilities among the various levels of government.
    For the reasons discussed above, I certify this proposed
regulation:
    (1) Is not a ``significant regulatory action'' under Executive
Order 12866,
    (2) Would not affect intrastate aviation in Alaska, and
    (3) Would not have a significant economic impact, positive or
negative, on a substantial number of small entities under the criteria
of the Regulatory Flexibility Act.

List of Subjects in 14 CFR Part 39

    Air transportation, Aircraft, Aviation safety, Incorporation by
reference, Safety.

The Proposed Amendment

    Accordingly, under the authority delegated to me by the
Administrator, the FAA proposes to amend 14 CFR part 39 as follows:

PART 39--AIRWORTHINESS DIRECTIVES

0
1. The authority citation for part 39 continues to read as follows:

    Authority:  49 U.S.C. 106(g), 40113, 44701.

Sec.  39.13   [Amended]

0
2. The FAA amends Sec.  39.13 by adding the following new airworthiness
directive:

Leonardo S.p.a.: Docket No. FAA-2021-0505; Project Identifier 2018-
SW-004-AD.

(a) Comments Due Date

    The FAA must receive comments on this airworthiness directive
(AD) by August 23, 2021.

(b) Affected ADs

    None.

(c) Applicability

    This AD applies to Leonardo S.p.a. Model AB139 and AW139
helicopters, certificated in any category, identified in paragraphs
(c)(1) and (2) of this AD, equipped with ``Primus Epic'' system
software release 7.4 (Phase 7 V1), 7.7 (Phase 7 V3) or 7.10 (Phase 7
V4).
    (1) Model AB139 and AW19 helicopters having serial number (S/N)
31005, 31006, and S/Ns 31008 through 31157 inclusive; and S/Ns 41001
through 41023 inclusive.
    (2) Model AW139 helicopters having S/N 31201 and subsequent, and
S/N 41201 and subsequent.

(d) Subject

    Joint Aircraft Service Component (JASC) Code: 2200, Auto Flight
System.

(e) Unsafe Condition

    This AD was prompted by reports of spurious in-flight
disconnections of the automatic flight control system (AFCS). The

FAA is issuing this AD to address spurious degradation or
unavailability of the full AFCS. The unsafe condition, if not
addressed, could result in temporary impairment of the automated
flight aid for control of the helicopter and increase the
flightcrew's workload.

(f) Compliance

    Comply with this AD within the compliance times specified,
unless already done.

(g) Requirements

    Except as specified in paragraph (h) of this AD: Comply with all
required actions and compliance times specified in, and in
accordance with, European Aviation Safety Agency (now European Union
Aviation Safety Agency) (EASA) AD 2018-0002, dated January 4, 2018
(EASA AD 2018-0002).

(h) Exceptions to EASA AD 2018-0002

    (1) Where EASA AD 2018-0002 refers to flight hours (FH), this AD
requires using hours time-in-service.
    (2) Where EASA AD 2018-0002 refers to its effective date, this
AD requires using the effective date of this AD.
    (3) The ``Remarks'' section of EASA AD 2018-0002 does not apply
to this AD.
    (4) Where the service information referenced in EASA AD 2018-
0002 specifies to download an option file from a certain website,
that method of installation is not required by this AD.

(i) No Reporting Requirement

    Although the service information referenced in EASA AD 2018-0002
specifies to submit certain information to the manufacturer, this AD
does not include that requirement.

(j) Alternative Methods of Compliance (AMOCs)

    (1) The Manager, International Validation Branch, FAA, has the
authority to approve AMOCs for this AD, if requested using the
procedures found in 14 CFR 39.19. In accordance with 14 CFR 39.19,
send your request to your principal inspector or local Flight
Standards District Office, as appropriate. If sending information
directly to the manager of the International Validation Branch, send
it to the attention of the person identified in paragraph (k)(2) of
this AD. Information may be emailed to<EMAIL_ADDRESS>    (2) Before using any approved AMOC, notify your appropriate
principal inspector, or lacking a principal inspector, the manager
of the local flight standards district office/certificate holding
district office.

(k) Related Information

    (1) For EASA AD 2018-0002, contact EASA, Konrad-Adenauer-Ufer 3,
50668 Cologne, Germany; telephone +49 221 8999 000; email
<EMAIL_ADDRESS>internet www.easa.europa.eu. You may view this
material at the FAA, Office of the Regional Counsel, Southwest
Region, 10101 Hillwood Pkwy., Room 6N-321, Fort Worth, TX 76177. For
information on the availability of this material at the FAA, call
(817) 222-5110. This material may be found in the AD docket at
https://www.regulations.gov by searching for and locating Docket No.
FAA-2021-0505.
    (2) For more information about this AD, contact Hal Jensen,
Aerospace Engineer, Operational Safety Branch, Compliance &
Airworthiness Division, FAA, 950 L'Enfant Plaza N SW, Washington, DC
20024; telephone<PHONE_NUMBER>; email<EMAIL_ADDRESS>
    Issued on June 15, 2021.
Lance T. Gant,
Director, Compliance & Airworthiness Division, Aircraft Certification
Service.
[FR Doc. 2021-14401 Filed 7-6-21; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 79, Number 99 (Thursday, May 22, 2014)]
[Notices]
[Pages 29442-29443]
[FR Doc No: 2014-11908]

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ENVIRONMENTAL PROTECTION AGENCY

[EPA-HQ-OPPT-2013-0721; FRL-9908-95]

Agency Information Collection Activities; Proposed Collection;
Comment Request

AGENCY: Environmental Protection Agency (EPA).

ACTION: Notice.

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SUMMARY: In compliance with the Paperwork Reduction Act (PRA), this
document announces that EPA is planning to submit an Information
Collection Request (ICR) to the Office of Management and Budget (OMB).
The ICR, entitled: ``Partial Update of the TSCA Section 8(b) Inventory
Data Base, Production and Site Reports (Chemical Data Reporting)'' and
identified by EPA ICR No. 1884.08 and OMB Control No. 2070-0162,
represents the renewal of an existing ICR that is scheduled to expire
on January 31, 2105. Before submitting the ICR to OMB for review and
approval, EPA is soliciting comments on specific aspects of the
proposed information collection that is summarized in this document.
The ICR and accompanying material are available in the docket for
public review and comment.

DATES: Comments must be received on or before July 21, 2014.

ADDRESSES: Submit your comments, identified by docket identification
(ID) number EPA-HQ-OPPT-2013-0721, by one of the following methods:
     Federal eRulemaking Portal: http://www.regulations.gov.
Follow the online instructions for submitting comments.
     Mail: Document Control Office (7407M), Office of Pollution
Prevention and Toxics (OPPT), Environmental Protection Agency, 1200
Pennsylvania Ave. NW., Washington, DC 20460-0001.
     Hand Delivery: OPPT Document Control Office (DCO), EPA
East Bldg., Rm. 6428, 1201 Constitution Ave. NW., Washington, DC. ATTN:
Docket ID Number EPA-HQ-OPPT-2013-0721. The DCO is open from 8 a.m. to
4 p.m., Monday through Friday, excluding legal holidays. The telephone
number for the DCO is<PHONE_NUMBER>. Such deliveries are only accepted
during the DCO's normal hours of operation, and special arrangements
should be made for deliveries of boxed information.
    Instructions: Direct your comments to docket ID number EPA-HQ-OPPT-
2013- 0721. EPA's policy is that all comments received will be included
in the docket without change and may be made available online at http://www.regulations.gov, including any personal information provided,
unless the comment includes information claimed to be Confidential
Business Information (CBI) or other information whose disclosure is
restricted by statute. Do not submit information that you consider to
be CBI or otherwise protected through regulations.gov or email. The
regulations.gov Web site is an ``anonymous access'' system, which means
EPA will not know your identity or contact information unless you
provide it in the body of your comment. If you send an email comment
directly to EPA without going through regulations.gov, your email
address will be automatically captured and included as part of the
comment that is placed in the docket and made available on the
Internet. If you submit an electronic comment, EPA recommends that you
include your name and other contact information in the body of your
comment and with any disk or CD-ROM you submit. If EPA cannot read your
comment due to technical difficulties and cannot contact you for
clarification, EPA may not be able to consider your comment. Electronic
files should avoid the use of special characters, any form of
encryption, and be free of any defects or viruses.
    Docket: All documents in the docket are listed in the docket index
available at http://www.regulations.gov. Although listed in the index,
some information is not publicly available, e.g., CBI or other
information whose disclosure is restricted by statute. Certain other
material, such as copyrighted material, will be publicly available only
in hard copy. Publicly available docket materials are available
electronically at http://www.regulations.gov, or, if only available in
hard copy, at the OPPT Docket. The OPPT Docket is located in the EPA
Docket Center (EPA/DC) at Rm. 3334, EPA West Bldg., 1301 Constitution
Ave. NW., Washington, DC. The EPA/DC Public Reading Room hours of
operation are 8:30 a.m. to 4:30 p.m., Monday through Friday, excluding
legal holidays. The telephone number of the EPA/DC Public Reading Room
is<PHONE_NUMBER>, and the telephone number for the OPPT Docket is
(202) 566-0280. Docket visitors are required to show photographic
identification, pass through a metal detector, and sign the EPA visitor
log. All visitor bags are processed through an X-ray machine

and subject to search. Visitors will be provided an EPA/DC badge that
must be visible at all times in the building and returned upon
departure.

FOR FURTHER INFORMATION CONTACT: For technical information contact:
Karen Hoffman, Chemical Control Division (7405M), Office of Pollution
Prevention and Toxics, Environmental Protection Agency, 1200
Pennsylvania Ave. NW., Washington, DC 20460-0001; telephone number:
(202) 564-8158; fax number:<PHONE_NUMBER>; email address:
<EMAIL_ADDRESS>    For general information contact: The TSCA-Hotline, ABVI-Goodwill,
422 South Clinton Ave., Rochester, NY 14620; telephone number: (202)
554-1404; email address<EMAIL_ADDRESS>

SUPPLEMENTARY INFORMATION:

I. What information is EPA particularly interested in?

    Pursuant to PRA section 3506(c)(2)(A) (44 U.S.C. 3506(c)(2)(A)),
EPA specifically solicits comments and information to enable it to:
    1. Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the Agency,
including whether the information will have practical utility.
    2. Evaluate the accuracy of the Agency's estimates of the burden of
the proposed collection of information, including the validity of the
methodology and assumptions used.
    3. Enhance the quality, utility, and clarity of the information to
be collected.
    4. Minimize the burden of the collection of information on those
who are to respond, including through the use of appropriate automated
electronic, mechanical, or other technological collection techniques or
other forms of information technology, e.g., permitting electronic
submission of responses. In particular, EPA is requesting comments from
very small businesses (those that employ less than 25) on examples of
specific additional efforts that EPA could make to reduce the paperwork
burden for very small businesses affected by this collection.

II. What information collection activity or ICR does this action apply
to?

    Title: Partial Update of the TSCA Section 8(b) Inventory Data Base,
Production and Site Reports (Chemical Data Reporting).
    ICR number: 1884.08.
    OMB control number: 2070-0162.
    ICR status: This ICR is currently scheduled to expire on January
31, 2015. An Agency may not conduct or sponsor, and a person is not
required to respond to, a collection of information, unless it displays
a currently valid OMB control number. The OMB control numbers for EPA's
regulations in title 40 of the Code of Federal Regulations (CFR), after
appearing in the Federal Register when approved, are listed in 40 CFR
part 9, are displayed either by publication in the Federal Register or
by other appropriate means, such as on the related collection
instrument or form, if applicable. The display of OMB control numbers
for certain EPA regulations is consolidated in 40 CFR part 9.
    Abstract: The Toxic Substances Control Act (TSCA) requires EPA to
compile and keep current a complete list of chemical substances
manufactured or processed in the United States. EPA updates this
inventory of chemicals every four years by requiring manufacturers,
processors and importers to provide production volume, plant site
information and site-limited status information. This information
allows EPA to identify what chemicals are or are not currently in
commerce and to take appropriate regulatory action as necessary. EPA
also uses the information for screening chemicals for risks to human
health or the environment, for priority-setting efforts, and for
exposure estimates. This ICR addresses the collection of inventory-
related information.
    Responses to the collection of information are mandatory (see 40
CFR part 710). Respondents may claim all or part of a notice
confidential. EPA will disclose information that is covered by a claim
of confidentiality only to the extent permitted by, and in accordance
with, the procedures in TSCA section 14 and 40 CFR part 2.
    Burden statement: The annual public reporting and recordkeeping
burden for this collection of information is estimated to average 158
hours per response. Burden is defined in 5 CFR 1320.3(b).
    The ICR, which is available in the docket along with other related
materials, provides a detailed explanation of the collection activities
and the burden estimate that is only briefly summarized here:
    Respondents/Affected Entities: Entities potentially affected by
this ICR are companies that manufacture, process or import chemical
substances, mixtures or categories.
    Estimated total number of potential respondents: 4,991.
    Frequency of response: On occasion.
    Estimated total average number of responses for each respondent:
7.88.
    Estimated total annual burden hours: 789,203 hours.
    Estimated total annual costs: $23,638. This includes an estimated
burden cost of $23,638 and an estimated cost of $0 for capital
investment or maintenance and operational costs.

III. Are there changes in the estimates from the last approval?

    There is an increase of 315,080 hours in the total estimated
respondent burden compared with that identified in the ICR currently
approved by OMB. This increase reflects a number of factors, which are
detailed in the supporting statement. This change involves both program
changes and adjustments.

IV. What is the next step in the process for this ICR?

    EPA will consider the comments received and amend the ICR as
appropriate. The final ICR package will then be submitted to OMB for
review and approval pursuant to 5 CFR 1320.12. EPA will issue another
Federal Register document pursuant to 5 CFR 1320.5(a)(1)(iv) to
announce the submission of the ICR to OMB and the opportunity to submit
additional comments to OMB. If you have any questions about this ICR or
the approval process, please contact the technical person listed under
FOR FURTHER INFORMATION CONTACT.

List of Subjects

    Environmental protection, Reporting and recordkeeping requirements.

    Dated: May 12, 2014,
James Jones,
Assistant Administrator, Office of Chemical Safety and Pollution
Prevention.
[FR Doc. 2014-11908 Filed 5-21-14; 8:45 am]
BILLING CODE 6560-50-P


[Federal Register Volume 87, Number 238 (Tuesday, December 13, 2022)]
[Notices]
[Page 76208]
[FR Doc No: 2022-27001]

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DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

[Docket ID: FEMA-2022-0055; OMB No. 1660-0047]

Agency Information Collection Activities: Proposed Collection;
Comment Request; Request for Federal Assistance Form--How to Process
Mission Assignments in Federal Disaster Operations

AGENCY: Federal Emergency Management Agency, Department of Homeland
Security.

ACTION: 60-Day notice of revision and request for comments.

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

SUMMARY: The Federal Emergency Management Agency (FEMA), as part of its
continuing effort to reduce paperwork and respondent burden, invites
the general public to take this opportunity to comment on an extension,
with change, of a currently approved information collection. In
accordance with the Paperwork Reduction Act of 1995, this notice seeks
comments concerning the collection of information necessary to allow
FEMA to support the needs of State, Tribes, and Territories during
disaster situations through the use of other Federal agency resources.

DATES: Comments must be submitted on or before February 13, 2023.

ADDRESSES: To avoid duplicate submissions to the docket, please submit
comments at www.regulations.gov under Docket ID FEMA-2022-0055. Follow
the instructions for submitting comments.
    All submissions received must include the agency name and Docket
ID. Regardless of the method used for submitting comments or material,
all submissions will be posted, without change, to the Federal
eRulemaking Portal at http://www.regulations.gov, and will include any
personal information you provide. Therefore, submitting this
information makes it public. You may wish to read the Privacy and
Security Notice that is available via a link on the homepage of
www.regulations.gov.

FOR FURTHER INFORMATION CONTACT: John Walls, via email:
[email protected] or by phone<PHONE_NUMBER>. You may contact
the Records Management Division for copies of the proposed collection
of information at email address: [email protected].

SUPPLEMENTARY INFORMATION: According to the Robert T. Stafford Disaster
Relief and Emergency Assistance Act (Stafford Act), 42 U.S.C. 5121 et
seq., FEMA is authorized to provide assistance before, during, and
after a disaster has impacted a State, Tribe, or Territory. For a major
disaster, the Stafford Act authorizes FEMA to direct any agency to
utilize its existing authorities and resources in support of State,
Tribe, and Territory assistance response and recovery efforts. See 42
U.S.C. 5170(a)(1). For an emergency, the Stafford Act authorizes FEMA
to direct any agency to utilize its existing authorities and resources
in support of State and local emergency assistance efforts. See 42
U.S.C. 5192(a)(1). FEMA may task other Federal agencies to assist
during disasters and to support emergency efforts by State and local
governments by issuing a mission assignment to the appropriate agency.
See 44 CFR 206.5, 206.208. FEMA collects the information necessary to
determine what resources are needed and if a mission assignment is
appropriate. The information collected explains which States, Tribes,
or Territories require assistance, what needs to be accomplished,
details any resource shortfalls, and explains what assistance is
required to meet these needs.

Collection of Information

    Title: Request for Federal Assistance Form--How to Process Mission
Assignments in Federal Disaster Operations.
    Type of Information Collection: Revision of a currently approved
information collection.
    OMB Number: 1660-0047.
    FEMA Form: FEMA Form FF-104-FY-21-120 (formerly 010-0-7), Resource
Request Form.
    Abstract: If a State, Tribe, or Territory determines that its
capacity to respond to a disaster exceeds its available resources, it
may submit to FEMA a request that the work be accomplished by a Federal
agency. This request documents how the response requirements exceed the
capacity for the State to respond to the situation on its own and what
type of assistance is required. FEMA reviews this information and may
issue a mission assignment to the appropriate Federal agency to assist
the State in its response to the situation.
    Affected Public: State, Local or Tribal Government.
    Number of Respondents: 10.
    Number of Responses: 6,400.
    Estimated Total Annual Burden Hours: 2,133 hours.
    Estimated Total Annual Respondent Costs: $180,430.
    Estimated Respondents' Operation and Maintenance Costs: $0.
    Estimated Respondents' Capital and Start-Up Costs: $0.
    Estimated Total Annual Cost to the Federal Government: $42,884.

Comments

    Comments may be submitted as indicated in the ADDRESSES caption
above. Comments are solicited to (a) evaluate whether the proposed data
collection is necessary for the proper performance of the agency,
including whether the information shall have practical utility; (b)
evaluate the accuracy of the agency's estimate of the burden of the
proposed collection of information, including the validity of the
methodology and assumptions used; (c) enhance the quality, utility, and
clarity of the information to be collected; and (d) minimize the burden
of the collection of information on those who are to respond, including
through the use of appropriate automated, electronic, mechanical, or
other technological collection techniques or other forms of information
technology, e.g., permitting electronic submission of responses.

Millicent Brown Wilson,
Records Management Branch Chief, Office of the Chief Administrative
Officer, Mission Support, Federal Emergency Management Agency,
Department of Homeland Security.
[FR Doc. 2022-27001 Filed 12-12-22; 8:45 am]
BILLING CODE 9111-24-P


[Federal Register: December 5, 2007 (Volume 72, Number 233)]
[Notices]
[Page 68576-68577]
[DOCID:fr05de07-43]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Combined Notice of Filings  1

November 19, 2007.
    Take notice that the Commission received the following electric
rate filings:
    Docket Numbers: ER02-1656-034; EL01-68-031.
    Applicants: California Independent System Operator Corporation.
    Description: Sempra Energy Trading LLC submits a report to state
that it does not seek any payment in excess of the negative $30/MWh
Cap.
    Filed Date: 11/07/2007.
    Accession Number: 20071114-0090.
    Comment Date: 5 p.m. Eastern Time on Wednesday, November 28, 2007.

    Docket Numbers: ER03-428-005.
    Applicants: ConocoPhillips Company.
    Description: ConocoPhillips Company submits Substitute Third
Revised Sheet 1 to its revised FERC Electric Tariff 1, to become
effective 9/18/07.
    Filed Date: 11/13/2007.
    Accession Number: 20071114-0205.
    Comment Date: 5 p.m. Eastern Time on Monday, November 26, 2007.

    Docket Numbers: ER04-708-004.
    Applicants: Horsehead Corp.
    Description: Notice of non-material change in status re Horsehead
Corp.
    Filed Date: 11/09/2007.
    Accession Number: 20071114-0077.
    Comment Date: 5 p.m. Eastern Time on Friday, November 30, 2007.

    Docket Numbers: ER06-758-002; ER06-635-001; ER02-237-009; ER95-
1007-020; ER01-2741-005; ER07-34-002; ER03-1151-005; ER00-2235-002;
ER99-3320-005; ER06-759-001; ER03-922-006; ER06-634-001.
    Applicants: Chambers Cogeneration LP; Edgecombe Genco, LLC; J. Aron
& Company; Logan Generating Company, LP; Plains End, LLC; Plains End
II, LLC; Power Receivable Finance, LLC; Ouachita Power, LLC; Rathdrum
Power, LLC; Selkirk Cogen Partners, L.P.; Southaven Power, LLC;
Spruance Genco, LLC.
    Description: Chambers Cogeneration, Limited Partnership et al.
submit a notice of non-material change in status in compliance with
FERC's Order 652.
    Filed Date: 11/09/2007.
    Accession Number: 20071114-0078.
    Comment Date: 5 p.m. Eastern Time on Friday, November 30, 2007.

    Docket Numbers: ER07-970-002.
    Applicants: Midwest Independent Transmission System Operator, Inc.
    Description: Midwest Independent Transmission System Operator, Inc.
submits a compliance filing of a Large Generator Interconnection
Agreement.
    Filed Date: 11/13/2007.
    Accession Number: 20071115-0057.
    Comment Date: 5 p.m. Eastern Time on Tuesday, December 4, 2007.

    Docket Numbers: ER07-1203-001.
    Applicants: Duke Energy Carolinas, LLC.
    Description: Duke Energy Carolinas, LLC submits additional
information to support their filing and request to waive the
Commission's regulations in order to make the filing effective 1/1/08.
    Filed Date: 11/08/2007.
    Accession Number: 20071113-0006.
    Comment Date: 5 p.m. Eastern Time on Thursday, November 29, 2007.

    Docket Numbers: ER07-1250-002.
    Applicants: PowerGrid Systems, Inc.
    Description: PowerGrid Systems, Inc. submits a Substitute Original
Sheet 1 and Original Sheet 2 to its FERC Electric Tariff, Original
Volume 1.
    Filed Date: 11/15/2007.
    Accession Number: 20071119-0019.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.

    Docket Numbers: ER07-1268-002.
    Applicants: PacifiCorp.
    Description: Compliance Filing of PacifiCorp.
    Filed Date: 11/15/2007.
    Accession Number: 20071115-5002.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.

    Docket Numbers: ER07-1367-001.
    Applicants: American Electric Power Service Corporation.
    Description: AEP Operating Companies submits their Third Revised
Interconnection and Local Delivery Service Agreement with Elk Power Co.
    Filed Date: 11/15/2007.
    Accession Number: 20071119-0015.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.

    Docket Numbers: ER07-1402-001.
    Applicants: Allegheny Generating Company.
    Description: Supplemental Submission of Allegheny Generating
Company.
    Filed Date: 10/26/2007.
    Accession Number: 20071026-5037.
    Comment Date: 5 p.m. Eastern Time on Thursday, November 29, 2007.

    Docket Numbers: ER08-193-000.
    Applicants: Pacific Gas and Electric Company.
    Description: Pacific Gas and Electric Co. submits the Midway
Interconnection Agreement with Southern California Edison Co.
    Filed Date: 11/07/2007.
    Accession Number: 20071116-0320.
    Comment Date: 5 p.m. Eastern Time on Wednesday, November 28, 2007.

    Docket Numbers: ER08-205-000.
    Applicants: PJM Interconnection, L.L.C.
    Description: PJM Interconnection LLC submits its revisions to
Schedule 2 of the PJM Open Access Transmission Tariff.
    Filed Date: 11/13/2007.
    Accession Number: 20071114-0076.
    Comment Date: 5 p.m. Eastern Time on Tuesday, December 4, 2007.

    Docket Numbers: ER08-213-000.
    Applicants: Round Rock Energy, LP.
    Description: Round Rock Energy, LP requests that FERC accept its
FERC Electric Tariff, Original Volume 1 etc.
    Filed Date: 11/14/2007.
    Accession Number: 20071116-0042.
    Comment Date: 5 p.m. Eastern Time on Wednesday, December 5, 2007.

    Docket Numbers: ER08-214-000.
    Applicants: Deephaven RV Sub Fund Ltd.

    Description: Deephaven RV Sub Fund Ltd submits a Notice of
Cancellation, a Second Revised Sheet 1 to its market-based rate tariff
and a Notice of Filing requesting that FERC accept the cancellation
documents.
    Filed Date: 11/15/2007.
    Accession Number: 20071119-0001.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.

    Docket Numbers: ER08-215-000.
    Applicants: Indiana Michigan Power Company.
    Description: Indiana Michigan Power Company submits First Revised
Sheet 15 et al. to FERC Electric Rate Schedule 109.
    Filed Date: 11/15/2007.
    Accession Number: 20071119-0002.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.

    Docket Numbers: ER08-216-000.
    Applicants: Indiana Michigan Power Company.
    Description: Indiana Michigan Power Company submits First Revised
Sheet 15 et al. to its FERC Rate Schedule 105.
    Filed Date: 11/15/2007.
    Accession Number: 20071119-0003.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.

    Docket Numbers: ER08-217-000.
    Applicants: Indiana Michigan Power Company.
    Description: Indiana Michigan Power Company submits First Revised
Sheet 15 et al. to its FERC Rate Schedule 104.
    Filed Date: 11/15/2007.
    Accession Number: 20071119-0005.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.

    Docket Numbers: ER08-218-000.
    Applicants: Indiana Michigan Power Company.
    Description: Indiana Michigan Power Company submits First Revised
Sheet 16 et al. to its FERC Rate Schedule 101.
    Filed Date: 11/15/2007.
    Accession Number: 20071119-0004.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.

    Docket Numbers: ER08-219-000.
    Applicants: Indiana Michigan Power Company.
    Description: Indiana Michigan Power Company submits First Revised
Sheet 15 et al. to its FERC Rate Schedule 102.
    Filed Date: 11/15/2007.
    Accession Number: 20071119-0006.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.

    Docket Numbers: ER08-220-000.
    Applicants: New York Independent System Operator, Inc.
    Description: New York Independent System Operator Inc. submits
First Revised Sheet 710 et al. for Attachment V of its Open Access
Transmission Tariff to revise its Working Capital Fund provisions.
    Filed Date: 11/15/2007.
    Accession Number: 20071119-0007.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.
    Docket Numbers: ER08-221-000.
    Applicants: PJM Interconnection, L.L.C.
    Description: PJM Interconnection LLC submits an executed
interconnection service agreement with Ameresco Stafford LLC et al. and
a notice of cancellation of an ISA being superseded.
    Filed Date: 11/15/2007.
    Accession Number: 20071119-0008.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.

    Docket Numbers: ER08-222-000.
    Applicants: Southern California Edison Company.
    Description: Southern California Edison Co. submits a Notice of
Cancellation of the Amended and Restated Firm Transmission Service
Agreement with Arizona Public Service Co.
    Filed Date: 11/15/2007.
    Accession Number: 20071119-0009.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.

    Docket Numbers: ER08-223-000.
    Applicants: Florida Power Corporation.
    Description: Florida Power Corp dba Progress Energy Florida, Inc
submits a cost-based power sales agreement with Seminole Electric Coop,
Inc.
    Filed Date: 11/15/2007.
    Accession Number: 20071119-0010.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.

    Docket Numbers: ER08-224-000
    Applicants: Xcel Energy Operating Companies.
    Description: Public Service Co of Colorado submits their Second
Revised Sheet 328 et al. to their Joint Open Access Service Tariff.
    Filed Date: 11/15/2007.
    Accession Number: 20071119-0011.
    Comment Date: 5 p.m. Eastern Time on Thursday, December 6, 2007.
    Any person desiring to intervene or to protest in any of the above
proceedings must file in accordance with Rules 211 and 214 of the
Commission's Rules of Practice and Procedure (18 CFR 385.211 and
385.214) on or before 5 p.m. Eastern time on the specified comment
date. It is not necessary to separately intervene again in a subdocket
related to a compliance filing if you have previously intervened in the
same docket. Protests will be considered by the Commission in
determining the appropriate action to be taken, but will not serve to
make protestants parties to the proceeding. Anyone filing a motion to
intervene or protest must serve a copy of that document on the
Applicant. In reference to filings initiating a new proceeding,
interventions or protests submitted on or before the comment deadline
need not be served on persons other than the Applicant.
    The Commission encourages electronic submission of protests and
interventions in lieu of paper, using the FERC Online links at http://www.ferc.gov.
 To facilitate electronic service, persons with Internet

access who will eFile a document and/or be listed as a contact for an
intervenor must create and validate an eRegistration account using the
eRegistration link. Select the eFiling link to log on and submit the
intervention or protests.
    Persons unable to file electronically should submit an original and
14 copies of the intervention or protest to the Federal Energy
Regulatory Commission, 888 First St., NE., Washington, DC 20426.
    The filings in the above proceedings are accessible in the
Commission's eLibrary system by clicking on the appropriate link in the
above list. They are also available for review in the Commission's
Public Reference Room in Washington, DC. There is an eSubscription link
on the Web site that enables subscribers to receive e-mail notification
when a document is added to a subscribed dockets(s). For assistance
with any FERC Online service, please e-mail<EMAIL_ADDRESS>or call<PHONE_NUMBER> (toll free). For TTY, call<PHONE_NUMBER>.

Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. E7-23523 Filed 12-4-07; 8:45 am]

BILLING CODE 6717-01-P


[Federal Register Volume 85, Number 153 (Friday, August 7, 2020)]
[Rules and Regulations]
[Page 47913]
[FR Doc No: 2020-16703]

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DEPARTMENT OF HOMELAND SECURITY

Coast Guard

33 CFR Part 165

[Docket No. USCG-2020-0454]

Safety Zone; Annual Fireworks Displays and Other Events in the
Eighth Coast Guard District Requiring Safety Zones

AGENCY: Coast Guard, DHS.

ACTION: Notice of enforcement of regulation.

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SUMMARY: The Coast Guard will enforce a safety zone for a pyrotechnics
display at Green Turtle Bay Marina & Resort, Grand Rivers, KY. This
action is necessary to provide for the safety of life on navigable
waterways during this event. During the enforcement period, entry of
vessels or persons into this zone is prohibited unless specifically
authorized by the Captain of the Port Sector Ohio Valley or a
designated representative.

DATES: The regulations in 33 CFR 165.801 will be enforced for the Green
Turtle Bay Resort/Grand Rivers Marina Day in item 74 in Table 1 of
Sec.  165.801 from 8:30 p.m. to 9:45 p.m. on August 15, 2020.

FOR FURTHER INFORMATION CONTACT: If you have questions about this
proposed rulemaking, call or email MST2 Dylan Caikowski, MSU Paducah,
U.S. Coast Guard; telephone<PHONE_NUMBER> ext. 2120, email<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION: The Coast Guard will enforce a safety zone
for a pyrotechnics display at Green Turtle Bay Marina & Resort, Grand
Rivers, KY from 8:30 p.m. to 9:45 p.m. on August 15, 2020. This action
is necessary to provide for the safety of life on navigable waterways
before, during, and after a pyrotechnics display. Our annual fireworks
displays and other events in the Eighth Coast Guard District requiring
safety zones, Sec.  165.801, specifies the location of the safety zone
for the Green Turtle Bay Resort/Grand Rivers Marina Day which
encompasses a 420 foot radius, from the fireworks launch site, at the
entrance to Green Turtle Bay Marina & Resort. During the enforcement
periods, as reflected in Sec.  165.801(a), in accordance with the
general regulations in Sec.  165 of this part, entry into this zone is
prohibited unless authorized by the Captain of the Port or a designated
representative.
    In addition to this notice of enforcement in the Federal Register,
the Coast Guard plans to provide notification of this enforcement
period via Broadcast Notice to Mariners.

    Dated: June 24, 2020.
A.M. Beach,
Captain, U.S. Coast Guard, Captain of the Port Sector Ohio Valley.
[FR Doc. 2020-16703 Filed 8-6-20; 8:45 am]
BILLING CODE 9110-04-P


[Federal Register Volume 80, Number 158 (Monday, August 17, 2015)]
[Notices]
[Pages 49220-49221]
[FR Doc No: 2015-20197]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. OR15-34-000]

Saddle Butte Rockies Midstream, LLC; Notice of Request for Waiver

    Take notice that on August 7, 2015, pursuant to Rule 204 of the
Commission's Rules of Practices and Procedure, 18 CFR 385.204 (2014),
Saddle Butte Rockies Midstream, LLC filed a petition requesting
temporary waiver of the tariff filing and reporting requirements of
sections 6 and 20 of the Interstate Commerce Act and parts 341 and 357
of the Commission's regulations, all as more fully explained in the
petition.
    Any person desiring to intervene or to protest this filing must
file in

accordance with Rules 211 and 214 of the Commission's Rules of Practice
and Procedure (18 CFR 385.211, 385.214). Protests will be considered by
the Commission in determining the appropriate action to be taken, but
will not serve to make protestants parties to the proceeding. Any
person wishing to become a party must file a notice of intervention or
motion to intervene, as appropriate. Such notices, motions, or protests
must be filed on or before the comment date. Anyone filing a motion to
intervene or protest must serve a copy of that document on the
Petitioner.
    The Commission encourages electronic submission of protests and
interventions in lieu of paper using the ``eFiling'' link at http://www.ferc.gov. Persons unable to file electronically should submit an
original and 5 copies of the protest or intervention to the Federal
Energy Regulatory Commission, 888 First Street NE., Washington, DC
20426.
    This filing is accessible on-line at http://www.ferc.gov, using the
``eLibrary'' link and is available for review in the Commission's
Public Reference Room in Washington, DC. There is an ``eSubscription''
link on the Web site that enables subscribers to receive email
notification when a document is added to a subscribed docket(s). For
assistance with any FERC Online service, please email
<EMAIL_ADDRESS>or call<PHONE_NUMBER> (toll free). For
TTY, call<PHONE_NUMBER>.
    Comment Date: 5 p.m. Eastern time on August 21, 2015.

     Dated: August 11, 2015.
Kimberly D. Bose,
Secretary.
[FR Doc. 2015-20197 Filed 8-14-15; 8:45 am]
 BILLING CODE 6717-01-P


[Federal Register Volume 84, Number 98 (Tuesday, May 21, 2019)]
[Notices]
[Pages 23098-23101]
[FR Doc No: 2019-10510]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-85865; File No. SR-MIAX-2019-24]

Self-Regulatory Organizations; Miami International Securities
Exchange, LLC; Notice of Filing and Immediate Effectiveness of a
Proposed Rule Change To Amend Exchange Rule 404, Series of Option
Contracts Open for Trading

May 15, 2019.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given
that on May 7, 2019, Miami International Securities Exchange, LLC
(``MIAX Options'' or the ``Exchange'') filed with the Securities and
Exchange Commission (the ``Commission'') the proposed rule change as
described in Items I and II below, which Items have been prepared by
the Exchange. The Exchange filed the proposal as a ``non-
controversial'' proposed rule change pursuant to Section
19(b)(3)(A)(iii) of the Act \3\ and Rule 19b-4(f)(6) thereunder.\4\ The
Commission is publishing this notice to solicit comments on the
proposed rule change from interested persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ 15 U.S.C. 78s(b)(3)(A)(iii).
    \4\ 17 CFR 240.19b-4(f)(6).
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I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change

    The Exchange is filing a proposal to amend Exchange Rule 404,
Series of Option Contracts Open for Trading, Interpretation and Policy
.10, to allow for $1 strike prices above $200 on additional series of
options of certain exchange-traded fund (``ETF'') shares.
    The text of the proposed rule change is available on the Exchange's
website at http://www.miaxoptions.com/rule-filings/ at MIAX Options'
principal office, and at the Commission's Public Reference Room.

II. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change

    In its filing with the Commission, the Exchange included statements

concerning the purpose of and basis for the proposed rule change and
discussed any comments it received on the proposed rule change. The
text of these statements may be examined at the places specified in
Item IV below. The Exchange has prepared summaries, set forth in
sections A, B, and C below, of the most significant aspects of such
statements.

A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The Exchange proposes to amend Exchange Rule 404, Series of Option
Contracts Open for Trading, Interpretation and Policy .10, to allow for
the interval between strike prices of series of options on ETF shares
of the PowerShares QQQ Trust (``QQQ'') and iShares Russell 2000 ETF
(``IWM'') to be $1 or greater where the strike price is greater than
$200.
    Currently, Exchange Rule 404, Series of Option Contracts Open for
Trading, Interpretation and Policy .10, allows for the interval between
strike prices of series of options on ETF shares of SPDR S&P 500 ETF
(``SPY''), iShares S&P 500 Index ETF (``IVV''), and SPDR Dow Jones
Industrial Average ETF (``DIA'') to be $1 or greater where the strike
price is greater than $200.\5\ Under Exchange Rule 404(g), the interval
between strike prices of series of options on ETF shares approved for
options trading \6\ shall be fixed at a price per share which is
reasonably close to the price per share at which the underlying
security is traded in the primary market at or about the same time such
series of options is first open for trading on the Exchange, or at such
intervals as may have been established on another options exchange
prior to the initiation of trading on the Exchange.\7\ The Exchange
generally sets the interval between strike prices of series of options
on ETF shares at $5 or greater where the strike price is greater than
$200, in accordance with such intervals that have been established on
other options exchanges and Exchange Rule 404(g).\8\ Specifically, the
Exchange proposes to modify the interval setting regime to allow for $1
strike price intervals where the strike price is above $200 for IWM and
QQQ options. The Exchange believes that the proposed rule change would
make QQQ and IWM options easier for investors and traders to use and
more tailored to their investment needs.
---------------------------------------------------------------------------

    \5\ See Exchange Rule 404, Interpretation and Policy .10.
    \6\ See Exchange Rule 402(i).
    \7\ See Exchange Rule 404(g).
    \8\ See id.
---------------------------------------------------------------------------

    Options on QQQ and IWM are designed to provide investors different
ways to efficiently gain exposure to the equity markets and execute
risk management, hedging, asset allocation and income generation
strategies. The QQQ is an investment trust designed to closely track
the price and performance of the Nasdaq-100 Index (``NDX''), which
represents the largest and most active non-financial domestic and
international issues listed on The Nasdaq Stock Market based on market
capitalization. Likewise, the IWM is an index ETF designed to closely
track the price and performance of the Russell 2000 Index (``RUT''),
which represents the small capitalization sector of the U.S. equity
market. In general, QQQ and IWM options provide investors with the
benefit of trading broader markets in a manageably sized contract.
    The value of QQQ is designed to approximate 1/40 the value of the
underlying NDX. For example, if the NDX price level is 1400, QQQ strike
prices generally would be expected to be priced around $35. The value
of IWM is designed to approximate 1/10 the value of the underlying RUT.
In the past year, the NDX has climbed above a price level of 7500, and
the RUT climbed to a price level of approximately 1700 (both prior to
the December 2018 market-wide decline). As the value of the underlying
ETF (and the index the ETF tracks) and resulting strike prices for each
option continues to appreciate, market participants have requested the
listing of additional strike prices ($1 increments) in QQQ and IWM
options above $200. The QQQ is among the most actively traded ETFs on
the market. It is widely quoted as an indicator of technology stock
prices and investor confidence in the technology and telecommunication
market spaces, a significant indicator of overall economic health.
Similarly, IWM is among the most actively traded ETFs on the market and
provides investors with an investment tool to gain exposure to small
U.S. public companies. Industry-wide trade volume in QQQ more than
doubled from 2017 to 2018. As a result, QQQ options and IWM options
have grown to become two of the largest options contracts in terms of
trading volume. Investors use these products to diversify their
portfolios and benefit from market trends.
    Accordingly, the Exchange believes that offering a wider base of
QQQ and IWM options affords traders and investors important hedging and
trading opportunities, particularly in the midst of current price
trends. The Exchange believes that not having the proposed $1 strike
price intervals above $200 in QQQ and IWM classes significantly
constricts investors' hedging and trading possibilities. The Exchange
therefore believes that by having smaller strike intervals in QQQ and
IWM, investors would have more efficient hedging and trading
opportunities due to the lower $1 interval ascension. The proposed $1
intervals above the $200 strike price will result in having at-the-
money series based upon the underlying ETFs moving less than 1%. The
Exchange believes that the proposed strike setting regime is in line
with the slower movements of broad-based indices. Considering the fact
that $1 intervals already exist below the $200 price point and that
both QQQ and IWM have consistently inclined in price toward the $200
level, the Exchange believes that continuing to maintain the current
$200 level (above which intervals increase 500% to $5), may have a
negative effect on investing, trading and hedging opportunities, and
volume. The Exchange believes that the investing, trading, and hedging
opportunities available with QQQ and IWM options far outweighs any
potential negative impact of allowing QQQ and IWM options to trade in
more finely tailored intervals above the $200 price point.
    The proposed strike setting regime would permit strikes to be set
to more closely reflect the increasing values in the underlying indices
and allow investors and traders to roll open positions from a lower
strike to a higher strike in conjunction with the price movements of
the underlying ETFs. Under the current rule, where the next higher
available series would be $5 away above a $200 strike price, the
ability to roll such positions is effectively negated. Accordingly, to
move a position from a $200 strike to a $205 strike under the current
rule, an investor would need for the underlying product to move 2.5%,
and would not be able to execute a roll up until such a large movement
occurred. As stated, the NDX and RUT have experienced continued, steady
growth. The Exchange believes that with the proposed rule change, the
investor would be in a significantly safer position of being able to
roll his open options position from a $200 to a $201 strike price,
which is only a 0.5% move for the underlying. As a result, the proposed
rule change will allow the Exchange to better respond to customer
demand for QQQ and IWM strike prices more precisely aligned with the
smaller, longer-term incremental increases in respective underlying
ETFs. The Exchange believes

that the proposed rule change, like the other strike price programs
currently offered by the Exchange, will benefit investors by providing
investors the flexibility to more closely tailor their investment and
hedging decisions using QQQ and IWM options. Moreover, by allowing
series of QQQ and IWM options to be listed in $1 intervals between
strike prices over $200, the proposal will moderately augment the
potential total number of options series available on the Exchange.
However, the Exchange believes it and the Options Price Reporting
Authority (``OPRA'') have the necessary systems capacity to handle any
potential additional traffic associated with this proposed rule change.
The Exchange also believes that Members \9\ will not have a capacity
issue due to the proposed rule change. In addition, the Exchange
represents that it does not believe that this expansion will cause
fragmentation of liquidity, but rather, believes that finer strike
intervals will serve to increase liquidity available as well as price
efficiency by providing more trading opportunities for all market
participants.
---------------------------------------------------------------------------

    \9\ The term ``Member'' means an individual or organization
approved to exercise the trading rights associated with a Trading
Permit. Members are deemed ``members'' under the Exchange Act. See
Exchange Rule 100.
---------------------------------------------------------------------------

2. Statutory Basis
    The Exchange believes that its proposed rule change is consistent
with Section 6(b) of the Act \10\ in general, and furthers the
objectives of Section 6(b)(5) of the Act \11\ in particular, in that it
is designed to prevent fraudulent and manipulative acts and practices,
to promote just and equitable principles of trade, to foster
cooperation and coordination with persons engaged in regulating,
clearing, settling, processing information with respect to, and
facilitating transactions in securities, to remove impediments to and
perfect the mechanisms of a free and open market and a national market
system and, in general, to protect investors and the public interest.
Additionally, the Exchange believes the proposed rule change is
consistent with the Section 6(b)(5) requirement that the rules of an
exchange not be designed to permit unfair discrimination between
customers, issuers, brokers, or dealers.
---------------------------------------------------------------------------

    \10\ 15 U.S.C. 78f(b).
    \11\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

    In particular, the proposed rule change to Exchange Rule 404,
Series of Option Contracts Open for Trading, Interpretation and Policy
.10, will allow investors to more easily use QQQ and IWM options.
Moreover, the proposed rule change would allow investors to better
trade and hedge positions in QQQ and IWM options where the strike price
is greater than $200, and ensure that investors in both options are not
at a disadvantage simply because of the strike price.
    The Exchange believes the proposed rule change is consistent with
Section 6(b)(1) of the Act, which provides that the Exchange be
organized and have the capacity to be able to carry out the purposes of
the Act and the rules and regulations thereunder, and the rules of the
Exchange. The rule change proposal allows the Exchange to respond to
customer demand to allow QQQ and IWM options to trade in $1 intervals
above a $200 strike price. The Exchange does not believe that the
proposed rule would create additional capacity issues or affect market
functionality.
    As noted above, ETF options trade in wider $5 intervals above a
$200 strike price, whereby options at or below a $200 strike price
trade in $1 intervals. This creates a situation where contracts on the
same option class effectively may not be able to execute certain
strategies such as, for example, rolling to a higher strike price,
simply because of the $200 strike price above which options intervals
increase by 500%. This proposal remedies the situation by establishing
an exception to the current ETF interval regime for QQQ and IWM options
to allow such options to trade in $1 or greater intervals at all strike
prices.
    The Exchange believes that the proposed rule change, like other
strike price programs currently offered by the Exchange, will benefit
investors by giving them increased flexibility to more closely tailor
their investment and hedging decisions. Moreover, the proposed rule
change is consistent with the change adopted by Cboe Exchange, Inc.
(``Cboe'').\12\
---------------------------------------------------------------------------

    \12\ See Securities Exchange Act Release No. 85754 (April 30,
2019), 84 FR 19823 (May 6, 2019) (SR-CBOE-2019-015).
---------------------------------------------------------------------------

    With regard to the impact of this proposal on system capacity, the
Exchange believes it and OPRA have the necessary systems capacity to
handle any potential additional traffic associated with this proposed
rule change. The Exchange believes that its members will not have a
capacity issue as a result of this proposal.

B. Self-Regulatory Organization's Statement on Burden on Competition

    The Exchange does not believe that the proposed rule change will
impose any burden on competition that is not necessary or appropriate
in furtherance of the purposes of the Act. Rather, the Exchange
believes that the proposed rule change will result in additional
investment options and opportunities to achieve the investment and
trading objectives of market participants seeking efficient trading and
hedging vehicles, to the benefit of investors, market participants, and
the marketplace in general. Specifically, the Exchange believes that
QQQ and IWM options investors and traders will significantly benefit
from the availability of finer strike price intervals above a $200
price point. In addition, the interval setting regime the Exchange
proposes to apply to QQQ and IWM options is currently applied to SPY,
IVV, and DIA options, which are similarly popular and widely traded ETF
products and track indexes at similarly high price levels. Thus, the
proposed strike setting regime for QQQ and IWM options will allow
options on the most actively traded ETFs with index levels at
corresponding price levels to trade pursuant to the same strike setting
regime. This will permit investors to employ similar investment and
hedging strategies for each of these options.

C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others

    Written comments were neither solicited nor received.

III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action

    Because the proposed rule change does not: (i) significantly affect
the protection of investors or the public interest; (ii) impose any
significant burden on competition; and (iii) become operative for 30
days from the date on which it was filed, or such shorter time as the
Commission may designate, it has become effective pursuant to Section
19(b)(3)(A) of the Act \13\ and subparagraph (f)(6) of Rule 19b-4
thereunder.\14\
---------------------------------------------------------------------------

    \13\ 15 U.S.C. 78s(b)(3)(A).
    \14\ 17 CFR 240.19b-4(f)(6). In addition, Rule19b-4(f)(6)(iii)
requires a self-regulatory organization to give the Commission
written notice of its intent to file the proposed rule change, along
with a brief description and text of the proposed rule change, at
least five business days prior to the date of filing of the proposed
rule change, or such shorter time as designated by the Commission.
The Exchange has satisfied this requirement.
---------------------------------------------------------------------------

    A proposed rule change filed pursuant to Rule 19b-4(f)(6) under the
Act \15\ normally does not become operative for 30 days after the date
of its filing. However, Rule 19b-4(f)(6)(iii) \16\ permits the
Commission to designate a

shorter time if such action is consistent with the protection of
investors and the public interest. The Exchange has asked the
Commission to waive the 30-day operative delay so that the proposal may
become operative immediately upon filing. The Exchange stated that
waiver of this requirement will ensure fair competition among the
exchanges by allowing the Exchange to set the interval between strike
prices of series of options on ETF shares of QQQ and IWM in a manner
consistent with another exchange. Further, the Exchange stated that
because the proposed rule change is based on the rules of another Self-
Regulatory Organization,\17\ it does not introduce any new or novel
regulatory issues. For these reasons, the Commission believes that
waiving the 30-day operative delay is consistent with the protection of
investors and the public interest. Accordingly, the Commission hereby
waives the operative delay and designates the proposed rule change
operative upon filing.\18\
---------------------------------------------------------------------------

    \15\ 17 CFR 240.19b-4(f)(6).
    \16\ 17 CFR 240.19b-4(f)(6)(iii).
    \17\ See supra note 12.
    \18\ For purposes only of waiving the 30-day operative delay,
the Commission also has considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
---------------------------------------------------------------------------

    At any time within 60 days of the filing of the proposed rule
change, the Commission summarily may temporarily suspend such rule
change if it appears to the Commission that such action is necessary or
appropriate in the public interest, for the protection of investors, or
otherwise in furtherance of the purposes of the Act. If the Commission
takes such action, the Commission shall institute proceedings to
determine whether the proposed rule change should be approved or
disapproved.

IV. Solicitation of Comments

    Interested persons are invited to submit written data, views, and
arguments concerning the foregoing, including whether the proposed rule
change is consistent with the Act. Comments may be submitted by any of
the following methods:

Electronic Comments

     Use the Commission's internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to<EMAIL_ADDRESS>Please include
File Number SR-MIAX-2019-24 on the subject line.

Paper Comments

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

All submissions should refer to File Number SR-MIAX-2019-24. This file
number should be included on the subject line if email is used. To help
the Commission 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/sro.shtml).
Copies of the submission, all subsequent amendments, all written
statements with respect to the proposed rule change that are filed with
the Commission, and all written communications relating to the proposed
rule change between the Commission and any person, other than those
that may be withheld from the public in accordance with the provisions
of 5 U.S.C. 552, will be 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. Copies of the filing also will be available for inspection
and copying at the principal office of the Exchange. All comments
received will be posted without change. Persons submitting comments are
cautioned that we do not redact or edit personal identifying
information from comment submissions. You should submit only
information that you wish to make available publicly. All submissions
should refer to File Number SR-MIAX-2019-24 and should be submitted on
or before June 11, 2019.
---------------------------------------------------------------------------

    \19\ 17 CFR 200.30-3(a)(12).

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\19\
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-10510 Filed 5-20-19; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register Volume 83, Number 123 (Tuesday, June 26, 2018)]
[Notices]
[Page 29838]
[FR Doc No: 2018-13687]

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SECURITIES AND EXCHANGE COMMISSION

Submission for OMB Review; Comment Request

Upon Written Request Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736

Extension:
    Regulation A (Form 1-A); SEC File No. 270-110, OMB Control No.
3235-0286

    Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (``Commission'') has submitted to the Office of Management
and Budget this request for extension of the previously approved
collection of information discussed below.
    Regulation A (17 CFR 230.251 through 230.263) provides an exemption
from registration under the Securities Act of 1933 (15 U.S.C. 77a et
seq.) for certain limited offerings of securities by issuers who do not
otherwise file reports with the Commission. Form 1-A is an offering
statement filed under Regulation A. The paperwork burden from
Regulation A is imposed through the forms that are subject to the
disclosure requirements in Regulation A and is reflected in the
analysis of these forms. To avoid the Paperwork Reduction Act inventory
reflecting duplicative burdens, for administrative convenience we
estimate the burden imposed by Regulation A to be a total of one hour.
All information is provided to the public for review. The information
required is filed on occasion and is mandatory. We estimate
approximately 112 issuers file Forms 1-A annually. We estimate that
Form 1-A takes approximately 751 hours to prepare, including one hour
for Regulation A. We estimate that 75% of 751 hours per response
(563.25 hours) is prepared by the company for a total annual burden of
63,084 hours (563.25 x 112 responses).
    An agency may conduct or sponsor, and a person is not required to
respond to, a collection of information unless it displays a currently
valid control number.
    The public may view the background documentation for this
information collection at the following website, www.reginfo.gov.
Comments should be directed to: (i) Desk Officer for the Securities and
Exchange Commission, Office of Information and Regulatory Affairs,
Office of Management and Budget, Room 10102, New Executive Office
Building, Washington, DC 20503, or by sending an email to:
[email protected]; and (ii) Pamela Dyson, Director/Chief
Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 100 F Street NE, Washington, DC 20549 or send an email
to: [email protected]. Comments must be submitted to OMB within 30
days of this notice.

    Dated: June 21, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-13687 Filed 6-25-18; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register: January 22, 2008 (Volume 73, Number 14)]
[Notices]
[Page 3760]
[DOCID:fr22ja08-100]

=======================================================================
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SECURITIES AND EXCHANGE COMMISSION

Sunshine Act Meeting

Federal Register Citation Of Previous Announcement: [73 FR 2560,
January 15, 2008].

Status: Open Meeting.

Place: 100 F Street, NE., Auditorium, Room L-002, Washington, DC.

Date and time of previously announced meeting: Wednesday, January 16,
2008 at 10 a.m.

Change in the meeting: Cancellation of Meeting.
    The Open Meeting scheduled for Wednesday, January 16, 2008 has been
cancelled.
    For further information please contact the Office of the Secretary
at<PHONE_NUMBER>.

     Dated: January 16, 2008.
Nancy M. Morris,
Secretary.
 [FR Doc. E8-946 Filed 1-18-08; 8:45 am]

BILLING CODE 8011-01-P


[Federal Register Volume 87, Number 165 (Friday, August 26, 2022)]
[Notices]
[Pages 52600-52601]
[FR Doc No: 2022-18386]

=======================================================================
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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-655, OMB Control No. 3235-0717]

Proposed Collection; Comment Request; Extension: Exchange Act
Rule 3a71-3

Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736

    Notice is hereby given that pursuant to the Paperwork Reduction Act
of 1995 (44 U.S.C. 3501 et seq.) (``PRA''), the Securities and Exchange
Commission (``Commission'') is soliciting comments on the existing
collection of information provided for in Rule 3a71-3 (17 CFR 240.3a71-
3) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.).
The Commission plans to submit this existing collection of information
to the Office of Management and Budget (``OMB'') for extension and
approval.
    The compliance date for Rule 3a71-3 was in November 2021. The
representations contemplated by Rule 3a71-3 will be relied upon by
counterparties to determine whether such transaction is a ``transaction
conducted through a foreign branch'' of a U.S. bank counterparty, as
defined in Rule 3a71-3(a)(3)(i), as well as to verify whether a
security-based swap counterparty is a ``U.S. person.'' Counterparties
to security-based swap transactions may voluntarily give such
representations to one another to reduce operational costs and allow
each party to ascertain whether such transaction is subject to certain
Title VII requirements. Because any representations provided to
counterparties under Rule 3a71-3 will constitute voluntary third-party
disclosures, the Commission will not typically receive these
disclosures.
    The Commission believes that the representations contemplated by
Rule 3a71-3 will, in most cases, be made through amendments to the
parties' existing trading documentation (e.g., the schedule to a master
agreement). The Commission believes that, because trading relationship
documentation is established between two counterparties, whether a
counterparty is able to represent that it is entering into a
``transaction conducted through a foreign branch'' or that it does not
meet the criteria of the ``U.S. person'' definition will not change on
a transaction-by-transaction basis and, therefore, such representations
will generally be made in the schedule to a master agreement, rather
than in individual confirmations. The Commission anticipates that
counterparties may elect to develop and incorporate these
representations in trading documentation following the effective date
of the Commission's security-based swap regulations, rather than
incorporating specific language on a transactional basis. The
Commission believes that counterparties will be able to adopt, where
appropriate, standardized language across all of their security-based
swap trading relationships. The Commission believes that this
standardized language may be developed by individual respondents or
through a combination of trade associations and industry working
groups.

a. Representations Regarding a ``Transaction Conducted Through a
Foreign Branch''

    Pursuant to Rule 3a71-3, parties to security-based swaps are
permitted to

rely on certain representations from their counterparties when
determining whether a transaction falls within the definition of a
``transaction conducted through a foreign branch.'' Based on its
understanding of the current state of the security-based swap market,
the Commission staff estimates that nine entities will incur burdens
under this collection of information, whether solely in connection with
the business conduct requirements or also in connection with the
application of the de minimis exception.
    The Commission estimates the one-time third-party disclosure burden
associated with developing representations under this collection of
information will be, for each U.S. bank counterparty that will make
such representations, no more than five hours, and up to $2,000 for the
services of outside professionals. Across the nine respondents, this
amounts to approximately 45 hours, or 15 hours per year when annualized
over three years. This estimate assumes little or no reliance on
standardized disclosure language.
    The Commission expects that the majority of the burden associated
with the new disclosure requirements will be experienced during the
first year as language is developed and trading documentation is
amended. The Commission further believes that the ongoing third-party
disclosure burden associated with this requirement will be 10 hours per
U.S. bank counterparty for verifying representations with existing
counterparties, for a total of approximately 90 hours across the nine
respondents.\1\
---------------------------------------------------------------------------

    \1\ The Commission staff estimates that this burden will consist
of 10 hours of in-house counsel time for each security-based swap
market participant that will make such representations. See Business
Conduct Adopting Release, at 30097, note 1581.
---------------------------------------------------------------------------

    The Commission believes that some of the entities that will comply
with Rule 3a71-3 will seek outside counsel to help them develop new
representations contemplated by Rule 3a71-3. For PRA purposes, the
Commission assumes that all nine respondents will seek outside counsel
for the first year only and will, on average, consult with outside
counsel for a cost of up to $2,000. The Commission also assumes that
none of the nine respondents will seek outside legal services for year
two or year three. Thus, the Commission expects the aggregate cost to
the nine respondents over the three-year period will be $18,000, or
$6,000 per year when annualized over three years. The Commission
expects the total labor cost per respondent will be approximately
$666.67 when annualized over three years.

b. Representations Regarding U.S.-Person Status

    Pursuant to Rule 3a71-3(a)(4)(iv), persons may rely on
representations from a counterparty that the counterparty does not
satisfy the criteria defining U.S. person set forth in Rule 3a71-
3(a)(4)(i), unless such person knows or has reason to know that the
representation is not accurate. Commission staff has estimated, based
on its understanding of OTC derivatives markets, including the
domiciles of counterparties that are active in the market, that
approximately 3,000 entities will provide representations that they do
not meet the criteria necessary to be U.S. persons.
    As with representations regarding whether a transaction is
conducted through a foreign branch, the Commission estimates the
maximum total third-party disclosure burden associated with developing
new representations will be, for each counterparty that will make such
representations, no more than five hours and up to $2,000 for the
services of outside professionals. Across the 3,000 respondents, this
aggregates to a maximum of approximately 15,000 hours, or 5,000 hours
per year when annualized over three years. This estimate assumes little
or no reliance on standardized disclosure language.
    The Commission expects that the majority of the burden associated
with the disclosure requirements will be experienced during the first
year as language is developed and trading documentation is amended.
After the new representations are developed and incorporated into
trading documentation, the Commission believes that the annual third-
party disclosure burden associated with this requirement will be no
more than approximately 10 hours per counterparty for verifying
representations with existing counterparties and onboarding new
counterparties. Across the 3,000 respondents, this aggregates to a
maximum of approximately 30,000 hours.
    The Commission believes that some of the entities that comply with
Rule 3a71-3 will seek outside counsel to help them develop new
representations. For PRA purposes, the Commission assumes that all
3,000 respondents will seek outside legal for the first year only and
will, on average, consult with outside counsel for a cost of up to
$2,000. The Commission also assumes that none of those 3,000
respondents will seek outside legal services for year two or year
three. Thus, the Commission expects that the aggregate cost over those
3,000 respondents over the three-year period will be $6 million, or $2
million per year when annualized over three years,. The Commission
expects the total labor cost per respondent will be approximately
$666.67 when annualized over three years.
    Written comments are invited on: (a) whether the proposed
collection of information is necessary for the proper performance of
the functions of the Commission, including whether the information will
have practical utility; (b) the accuracy of the Commission's estimate
of the burden of the collection of information; (c) ways to enhance the
quality, utility, and clarity of the information collected; and (d)
ways to minimize the burden of the collection of information on
respondents, including through the use of automated collection
techniques or other forms of information technology. Consideration will
be given to comments and suggestions submitted in writing by October
25, 2022.
    An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information under the PRA unless it
displays a currently valid OMB control number.
    Please direct your written comments to: David Bottom, Director/
Chief Information Officer, Securities and Exchange Commission, c/o John
Pezzullo, 100 F Street NE, Washington, DC 20549, or send an email to:
[email protected].

    Dated: August 22, 2022.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022-18386 Filed 8-25-22; 8:45 am]
BILLING CODE 8011-01-P