57762 Federal Register / Vol. 83, No. 222 / Friday, November 16, 2018 / Notices

Office of Information and Regulatory Rule 17Ad–13 as are transfer agents that be submitted to OMB within 30 days of Affairs, Office of Management and service only their own companies’ this notice. Budget, Room 10102, New Executive securities. Dated: November 13, 2018. Approximately 100 independent, Office Building, Washington, DC 20503, Eduardo A. Aleman, or by sending an email to: professional transfer agents must file the Assistant Secretary. [email protected]; and (ii) independent accountant’s report Charles Riddle, Acting Director/Chief annually. We estimate that the annual [FR Doc. 2018–25048 Filed 11–15–18; 8:45 am] Information Officer, Securities and internal time burden for each transfer BILLING CODE 8011–01–P Exchange Commission, c/o Candace agent to comply with Rule 17Ad–13 by Kenner, 100 F Street NE, Washington, submitting the report prepared by the SECURITIES AND EXCHANGE DC 20549, or by sending an email to: independent accountant to the COMMISSION [email protected]. Comments must Commission is minimal. The time be submitted to OMB within 30 days of required for the independent accountant [Release No. 34–84572; File No. SR–BX– this notice. to prepare the accountant’s report varies 2018–052] with each transfer agent depending on Dated: November 13, 2018. the size and nature of the transfer Self-Regulatory Organizations; Nasdaq Eduardo A. Aleman, agent’s operations. The Commission BX, Inc.; Notice of Filing and Assistant Secretary. estimates that, on average, each report Immediate Effectiveness of Proposed [FR Doc. 2018–25049 Filed 11–15–18; 8:45 am] can be completed by the independent Rule Change To Amend General 8 of BILLING CODE 8011–01–P accountant in 120 hours, resulting in a the Exchange’s Rules total of 12,000 external hours annually (120 hours × 100 reports). The burden November 9, 2018. SECURITIES AND EXCHANGE was estimated using Commission review Pursuant to Section 19(b)(1) of the COMMISSION of filed Rule 17Ad–13 reports. The Securities Exchange Act of 1934 Commission estimates that, on average, (‘‘Act’’),1 and Rule 19b–4 thereunder,2 Submission for OMB Review; 120 hours are needed to perform the notice is hereby given that on October Comment Request study, prepare the report, and retain the 29, 2018, Nasdaq BX, Inc. (‘‘BX’’ or Upon Written Request, Copies Available required records on an annual basis. ‘‘Exchange’’) filed with the Securities From: Securities and Exchange Assuming an average hourly rate of an and Exchange Commission Commission, Office of FOIA Services, independent accountant of $60, the (‘‘Commission’’) the proposed rule 100 F Street NE, Washington, DC average total annual cost of the report is change as described in Items I and II 20549–2736 $7,200. The total annual cost for the below, which Items have been prepared approximate 100 respondents is by the Exchange. The Commission is Extension: approximately $720,000. publishing this notice to solicit Rule 17Ad–13 SEC File No. 270–263; OMB The retention period for the Control No. 3235–0275 comments on the proposed rule change recordkeeping requirement under Rule from interested persons. Notice is hereby given that pursuant 17Ad–13 is three years following the I. Self-Regulatory Organization’s to the Paperwork Reduction Act of 1995 date of a report prepared pursuant to the (44 U.S.C. 3501 et seq.) (‘‘PRA’’), the rule. The recordkeeping requirement Statement of the Terms of Substance of Securities and Exchange Commission under Rule 17Ad–13 is mandatory to the Proposed Rule Change (‘‘Commission’’) has submitted to the assist the Commission and other The Exchange proposes to amend Office of Management and Budget regulatory agencies with monitoring General 8 of the Exchange’s Rules, as (‘‘OMB’’) a request for approval of transfer agents and ensuring compliance described below. extension of the previously approved with the rule. This rule does not involve The text of the proposed rule change collection of information provided for in the collection of confidential is available on the Exchange’s website at Rule 17Ad–13 (17 CFR 240.17Ad–13), information. http://nasdaqbx.cchwallstreet.com/, at under the Securities Exchange Act of An agency may not conduct or the principal office of the Exchange, and 1934 (15 U.S.C. 78a et seq.). sponsor, and a person is not required to at the Commission’s Public Reference Rule 17Ad–13 requires an annual respond to, a collection of information Room. study and evaluation of internal under the PRA unless it displays a accounting controls under the Securities currently valid OMB control number. II. Self-Regulatory Organization’s Exchange Act of 1934 (15 U.S.C. 78a et The public may view background Statement of the Purpose of, and seq.). It requires approximately 100 documentation for this information Statutory Basis for, the Proposed Rule registered transfer agents to obtain an collection at the following website: Change annual report on the adequacy of their www.reginfo.gov. Comments should be In its filing with the Commission, the internal accounting controls from an directed to: (i) Desk Officer for the Exchange included statements independent accountant. In addition, Securities and Exchange Commission, concerning the purpose of and basis for transfer agents must maintain copies of Office of Information and Regulatory the proposed rule change and discussed any reports prepared pursuant to Rule Affairs, Office of Management and any comments it received on the 17Ad–13 plus any documents prepared Budget, Room 10102, New Executive proposed rule change. The text of these to notify the Commission and Office Building, Washington, DC 20503 statements may be examined at the appropriate regulatory agencies in the or by sending an email to: places specified in Item IV below. The event that the transfer agent is required [email protected]; and (ii) Exchange has prepared summaries, set to take any corrective action. These Charles Riddle, Acting Director/Chief forth in sections A, B, and C below, of recordkeeping requirements assist the Information Officer, Securities and the most significant aspects of such Commission and other regulatory Exchange Commission, c/o Candace statements. agencies with monitoring transfer agents Kenner, 100 F Street NE, Washington, and ensuring compliance with the rule. DC 20549, or by sending an email to 1 15 U.S.C. 78s(b)(1). Small transfer agents are exempt from [email protected]. Comments must 2 17 CFR 240.19b–4.

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