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OMB APPROVAL OMB Number: 3235-0045 Expires: June 30, 2007, Estimated average burden hours per response............38 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 19b-4 Page 1 of
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How to fill out proposed rule change by:

01
Determine the purpose: Start by understanding the reason for the proposed rule change. Clearly identify the problem or issue that the change aims to address.
02
Research existing rules: Before filling out the proposed rule change, it is important to familiarize yourself with the current rules and regulations in place. This will help you identify any gaps or inconsistencies that need to be addressed.
03
Gather necessary information: Collect all relevant information that supports the proposed change. This may include data, statistics, case studies, or feedback from stakeholders.
04
Clearly state the proposed change: In the document, clearly state the proposed rule change in a concise and easy-to-understand manner. Use clear language and avoid jargon to ensure that the proposed change can be easily comprehended by others.
05
Provide justification: Explain the rationale behind the proposed rule change. Clearly articulate the benefits and impacts it may have, and why it is necessary to implement this change.
06
Consider potential challenges and objections: Anticipate potential challenges or objections that the proposed rule change may face. Address these concerns in the document and provide counterarguments or evidence to support the change.
07
Include an implementation plan: Discuss the steps that need to be taken to implement the proposed rule change. This may involve timelines, resources required, and any necessary training or communication plans.
08
Consult with stakeholders: Seek input and feedback from relevant stakeholders, such as industry experts, affected parties, or the public. Incorporate their feedback into the document if applicable.
09
Review and revise: Before finalizing the proposed rule change, conduct a thorough review of the document. Ensure that it is clear, concise, and free of any errors or inconsistencies. Revise as necessary.
10
Submit the proposal: Once the document is finalized, submit the proposed rule change to the appropriate authority or governing body for consideration.

Who needs proposed rule change by:

01
Regulatory authorities: Proposed rule changes often need to be submitted to the relevant regulatory authorities or government agencies responsible for overseeing the specific sector or industry affected by the change.
02
Industry stakeholders: Depending on the nature of the proposed rule change, industry stakeholders such as businesses, trade associations, or professional organizations may need to be informed or involved in the process.
03
General public: In certain cases, proposed rule changes may have a direct impact on the general public. It is important to communicate the proposed change to the public and allow for their input and feedback. This can be done through public consultations, information campaigns, or public hearings.
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