Extension of Comment Period for Disclosure Update and Simplification

(2) 9.5 Warning Statements—Each product shall have warnings statements to address the following, at a minimum: (i) 9.5.1 The following warning statements shall be placed on all changing tables, including add-on changing units and contoured changing pads that are sold separately: Fall Hazard. Children have suffered serious injuries after falling from changing [tables/pads/areas]. Falls can happen quickly. • STAY in arm’s reach. Note 6: The words in brackets provide wording options. The manufacturer should select the most appropriate term for the product and may substitute another term that is consistent with the product’s marketing and instructions. (ii) 9.5.2 Removable pads that are included with changing tables, contoured pads, non-rigid add-on changing unit accessories, and add-on changing units sold separately that are intended to be physically attached to the support surface shall have a warning on the pad or changing unit, and its retail packaging, to address the following: • ALWAYS secure this [unit/pad] to the support [surface/frame] by (manufacturer’s instructions for securing the changing unit). See instructions. Note 7: The words in the brackets provide wording options. The manufacturer should select the most appropriate term for the product and may substitute another term that is consistent with the product’s marketing and instructions. (iii) 9.5.3 Non-rigid add-on changing unit accessories, changing pads, and contoured changing pads, whether sold with the changing table or sold separately, shall include the following additional warning statements: Suffocation Hazard. Babies have suffocated while sleeping [in/on] changing [tables/pads/areas]. Changing [table/pad/area] is not designed for safe sleeping. • NEVER allow baby to sleep [in/on] changing [table/pad/area]. Note 8: The words in brackets provide wording options. The manufacturer should select the most appropriate term for the product and may substitute another term that is consistent with the product’s marketing and instructions. (iv) 9.5.4 Contoured changing pads, non-rigid add-on changing unit accessories, and add-on changing units sold separately shall include additional warnings addressing either: (a) The specific products to attach the contoured changing pad or add-on unit to; or (b) That the surface used should be level, stable, and structurally sound with minimum surface dimensions of ‘‘X’’ by ‘‘Y.’’ (m) Instead of complying with section 10.1.1 of ASTM F2388–16, comply with the following: (1) 10.1.1 The instructions shall contain the warnings as specified in 9.5 and address the statements in 10.1.1.1 through 10.1.1.8. These required warning statements shall meet the requirements described in 9.4, except for the color requirements provided in ANSI Z535.4–2011, (e.g., the background of the signal word panel need not be a specific color). Note 9: For additional guidance on the design of warnings for instructional literature, please refer to the most-recent edition of ANSI Z535.6, Product Safety Information in Product Manuals, Instructions, and Other Collateral Materials, American National Standards Institute, Inc., available at http://www.ansi.org/. (2) [Reserved] Dated: September 14, 2016 Todd A. Stevenson, Secretary, Consumer Product Safety Commission. [FR Doc. 2016–22557 Filed 9–28–16; 8:45 am] BILLING CODE 6355–01–P SECURITIES AND EXCHANGE COMMISSION 17 CFR Parts 210, 229, 230, 239, 240, 249, and 274 [Release No. 33–10220; 34–78926; IC– 32281; File No. S7–15–16] RIN 3235–AL82 Extension of Comment Period for Disclosure Update and Simplification AGENCY: Securities and Exchange Commission. ACTION: Extension of comment period. SUMMARY: The Securities and Exchange Commission is extending the comment period for a proposal to amend certain of its disclosure requirements that may have become redundant, duplicative, overlapping, outdated, or superseded, in light of other Commission disclosure requirements, U.S. Generally Accepted Accounting Principles (‘‘U.S. GAAP’’), International Financial Reporting Standards (‘‘IFRS’’), or changes in the information environment [Release No. 33–10110; 34–78310; IC–32175; 81 FR 51607 (July 13, 2016)]. The release also solicits comment on certain Commission disclosure requirements that overlap with, but require information incremental to, U.S. GAAP to determine whether to retain, modify, eliminate, or refer them to the Financial Accounting Standards Board for potential incorporation into U.S. GAAP. The original comment period is scheduled to end on October 3, 2016. The Commission is extending the time period in which to provide the Commission with comments until November 2, 2016. This action will allow interested persons additional time to analyze the issues and prepare their comments. DATES: Comments should be received on or before November 2, 2016. EP29SE16.001</GPH>

1Specifically, the Commission proposed amendments to, or solicited comment on potential FASB referrals of, Rules 1–02, 2–01, 2–02, 3–01, 3– 02, 3–03, 3–04, 3–05, 3–12, 3–14, 3–15, 3–17, 3–20, 3A–01, 3A–02, 3A–03, 3A–04, 4–01, 4–07, 4–08, 4– 10, 5–02, 5–03, 5–04, 6–03, 6–04, 6–07, 6–09, 6A– 04, 6A–05, 7–02, 7–03, 7–04, 7–05, 8–01, 8–02, 8– 03, 8–04, 8–05, 8–06, 9–03, 9–04, 9–05, 9–06, 10– 01, 11–02, 11–03, 12–16, 12–17, 12–18, 12–28, and 12–29 of Regulation S–X under the Securities Act of 1933 (the ‘‘Securities Act’’) and the Securities Exchange Act of 1934 (the ‘‘Exchange Act’’), Items 10, 101, 103, 201, 302, 303, 503, 512, and 601 of Regulation S–K under the Securities Act and the Exchange Act, Item 1010 of Regulation M–A under the Securities Act and the Exchange Act, and Item 1118 of Regulation AB under the Securities Act and the Exchange Act, Rule 158 of the Securities Act, Rules 405 and 436 of Regulation C under the Securities Act, Forms S–1, S–3, S–11, S–4, F–1, F– 3, F–4, F–6, F–7, F–8, F–10, F–80, SF–1, SF–3, 1– A, 1–K, and 1–SA under the Securities Act, Rules 3a51–1, 10A–1, 12b-2, 13a-10, 13b2–2, 14a-101, 15c3–1g, 15d-2, 15d-10, 17a-5, 17a-12, 17g-3, and 17h-1T of the Exchange Act, Forms 20–F, 40–F, 10– K, 11–K, 10–D, and X–17A–5 under the Exchange Act, Forms N–5, N–1A, N–2, N–3, N–4, and N–6 under the Securities Act and the Investment Company Act of 1940 (the ‘‘Investment Company Act’’), and Form N–8B–2 under the Investment Company Act. 2See Letters from Center for Audit Quality (Aug. 4, 2016), American Gas Association Accounting Advisory Council (Aug. 24, 2016), Edison Electric Institute (Aug. 24, 2016) and the National Association of Real Estate Investment Trusts (Sept. 9, 2016). Comments are available on the Commission’s Web site at https://www.sec.gov/ comments/s7-15-16/s71516.htm. ADDRESSES: Comments may be submitted by any of the following methods: Electronic Comments • Use the Commission’s Internet comment forms (http://www.sec.gov/ rules/proposed.shtml); • Send an email to rule-comments@ sec.gov. Please include File Number S7– 15–16 on the subject line; or • Use the Federal Rulemaking Portal (http://www.regulations.gov). Follow the instructions for submitting comments. Paper Comments • Send paper comments to Brent J. Fields, Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549–1090. All submissions should refer to File Number S7–15–16. This file number should be included on the subject line if email is used. To help us process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission’s Internet Web site (http://www.sec.gov/rules/ proposed.shtml). Comments also are available for Web site 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. All comments received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. Studies, memoranda or other substantive items may be added by the Commission or staff to the comment file during this rulemaking. A notification of the inclusion in the comment file of any such materials will be made available on the SEC’s Web site. To ensure direct electronic receipt of such notifications, sign up through the ‘‘Stay Connected’’ option at www.sec.gov to receive notifications by email. FOR FURTHER INFORMATION CONTACT: Nili Shah, Deputy Chief Accountant, at (202) 551–3255, Division of Corporation Finance; Duc Dang, Senior Special Counsel, at (202) 551–3386, Office of the Chief Accountant; Matt Giordano, Chief Accountant, at (202) 551–6918, Division of Investment Management; Valentina Minak Deng, Special Counsel, at (202) 551–5778 and Tim White, Special Counsel, at (202) 551–5777, Division of Trading and Markets; Harriet Orol, Branch Chief, at (212) 336–0554, Office of Credit Ratings; Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549. SUPPLEMENTARY INFORMATION: The Commission has requested comment on a release proposing amendments to certain of its disclosure requirements that may have become redundant, duplicative, overlapping, outdated, or superseded, in light of other Commission disclosure requirements, U.S. GAAP, IFRS, or changes in the information environment. The release also solicited comment on certain disclosure requirements that overlap with, but require information incremental to, U.S. GAAP to determine whether to retain, modify, eliminate, or refer them to the Financial Accounting Standards Board (‘‘FASB’’) for potential incorporation into U.S. GAAP.1 The proposed amendments are intended to facilitate the disclosure of information to investors, while simplifying compliance efforts, without significantly altering the total mix of information provided to investors. The Commission originally requested that comments on the release be received by October 3, 2016. The Commission has received several requests for an extension of time for public comment on the proposal to, among other things, allow for adequate time to fully consider the proposals and to improve the quality of responses.2 The Commission believes that providing the public additional time to consider thoroughly the matters addressed by the release and to submit comprehensive responses to the release would benefit the Commission in its consideration of final rules. Therefore, the Commission is extending the comment period for Release No. 33–10110; 34–78310; IC– 32175 ‘‘Disclosure Update and Simplification’’ until November 2, 2016. By the Commission. Dated: September 23, 2016. Brent J. Fields, Secretary. [FR Doc. 2016–23489 Filed 9–28–16; 8:45 am] BILLING CODE 8011–01–P