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This document is a proposed rule change by BATS Exchange to adopt a $.50 Strike Program and modify the existing $1 Strike Program, aimed at enhancing investment strategies for low-priced stocks.
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How to fill out OMB APPROVAL

01
Obtain the OMB approval form from the official website or relevant agency.
02
Fill out the section for the title of the information collection.
03
Provide the agency name and the office that manages the data collection.
04
Enter the expiration date for the approval.
05
Include the number of respondents and the burden hours for the collection.
06
Ensure that the purpose of the collection is clearly stated.
07
Add any necessary estimates or calculations that substantiate your data.
08
Review everything for accuracy before submitting.

Who needs OMB APPROVAL?

01
Federal agencies or organizations that collect information from the public.
02
Any organization that is required to seek approval for their data collection processes.
03
Research entities needing to fulfill federal requirements for surveys and studies.
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After OMB approves the primary collection, any agency that wishes to collect the same information and use it for the same purpose can obtain expedited approval by providing its agency-specific information to OMB (e.g., burden estimates and number of respondents).
PRA of 1995 requires that U.S. federal government agencies receive. OMB approval before collecting most types of information from the public. ▪ PRA is a law governing how federal agencies collect information from the public. ▪ OMB oversees the information/data requests federal agencies make of the. public.
The approval process, which is popularly known as the “OMB clearance process,” is extensive and time-consuming. It requires two Federal Register notices and a detailed application to OMB. The duration for the entire process can exceed six months.
The approval process, which is popularly known as the “OMB clearance process,” is extensive and time-consuming. It requires two Federal Register notices and a detailed application to OMB. The duration for the entire process can exceed six months.

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OMB Approval refers to the process by which the Office of Management and Budget (OMB) grants authorization for federal agencies to collect information from the public, ensuring that the collection meets legal and efficiency standards.
Federal agencies that seek to collect information from the public are required to file for OMB Approval to ensure compliance with the Paperwork Reduction Act.
To fill out OMB Approval, agencies must submit a collection request that includes a description of the information being collected, the purpose of the collection, the estimated burden on respondents, and plans for data analysis and dissemination.
The purpose of OMB Approval is to minimize the burden on the public and ensure that data collection activities are efficient, relevant, and necessary for agency programs and policies.
Information reported must include the title of the information collection, the purpose, the type of information to be collected, the estimated number of respondents, frequency of data collection, and the estimated burden hours.
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