[Federal Register Volume 78, Number 135 (Monday, July 15, 2013)]
[Pages 42113-42114]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-16859]



Submission for OMB Review; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Investor Education and Advocacy, Washington, DC 

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

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.) (``PRA''), the Securities and Exchange 
Commission (``Commission'') has submitted to the Office of Management 
and Budget (``OMB'') a request for approval of extension of the 
previously approved collection of information provided for in Rule 6h-1 
(17 CFR 240.6h-1) under the Securities Exchange Act of 1934, as amended 
(``Act'') (15 U.S.C. 78a et seq.).
    Section 6(h) of the Act (15 U.S.C. 78f(h)) requires national 
securities exchanges and national securities associations that trade 
security futures products to establish listing standards that, among 
other things, require that: (i) Trading in such products not be readily 
susceptible to price manipulation; and (ii) the market on which the 
security futures product trades has in place procedures to coordinate 
trading halts with the listing market for the security or securities 
underlying the security futures product. Rule 6h-1 implements these 
statutory requirements and requires that (1) the final settlement price 
for each cash-settled security futures product fairly reflect the 
opening price of the underlying security or securities, and (2) the 
exchanges and associations trading security futures products halt 
trading in any security futures product for as long as trading in the 
underlying security, or trading in 50% of the underlying securities, is 
halted on the listing market.
    It is estimated that approximately 1 respondent per year, 
consisting of a designated contract market not already registered as a 
national securities exchange under Section 6(g) of the Exchange Act 
that seeks to list or trade security futures products, will incur an 
average burden of 10 hours per year to comply with this rule, for a 
total burden of 10 hours. At an average cost per hour of approximately 
$379, the resultant total internal cost of compliance for all 
respondents is $3,790 per year (1 respondent x 10 hours/respondent x 
    Compliance with Rule 6h-1 is mandatory. Any listing standards

[[Page 42114]]

established pursuant to Rule 6h-1 would be filed with the Commission as 
proposed rule changes pursuant to Section 19(b) of the Act, and would 
be published in the Federal Register.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information under the PRA unless it 
displays a currently valid OMB control number.
    The public may view background documentation for this information 
collection at the following Web site: 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: Shagufta_Ahmed@omb.eop.gov; and (ii) Thomas Bayer, Director/Chief Information 
Officer, Securities and Exchange Commission, c/o Remi Pavlik-Simon, 
6432 General Green Way, Alexandria, VA 22312 or send an email to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of 
this notice.

    Dated: July 10, 2013.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-16859 Filed 7-12-13; 8:45 am]