Submission for OMB Review; Comment Request; Extension: Form N-CSR, 15282-15283 [2022-05679]
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15282
Federal Register / Vol. 87, No. 52 / Thursday, March 17, 2022 / Notices
proposed rule change to make the Pilot
Rules permanent. Therefore, the
Commission hereby waives the 30-day
operative delay and designates the
proposed rule change as operative upon
filing.24
At any time within 60 days of the
filing of the proposed rule change, the
Commission summarily may
temporarily suspend such rule change if
it appears to the Commission that such
action is necessary or appropriate in the
public interest, for the protection of
investors, or otherwise in furtherance of
the purposes of the Act. If the
Commission takes such action, the
Commission shall institute proceedings
to determine whether the proposed rule
should be approved or disapproved.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
Electronic Comments
• Use the Commission’s internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include File Number SR–
LTSE–2022–01 on the subject line.
Paper Comments
khammond on DSKJM1Z7X2PROD with NOTICES
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE,
Washington, DC 20549–1090.
All submissions should refer to File
Number SR–LTSE–2022–01. This file
number should be included on the
subject line if email is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
internet website (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
24 For purposes only of waiving the 30-day
operative delay, the Commission has also
considered the proposed rule’s impact on
efficiency, competition, and capital formation. See
15 U.S.C. 78c(f).
VerDate Sep<11>2014
17:38 Mar 16, 2022
Jkt 256001
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for website 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. Copies of the
filing also will be available for
inspection and copying at the principal
office of LTSE and on its internet
website at https://longtermstock
exchange.com/.
All comments received will be posted
without change; the Commission does
not edit personal identifying
information from submissions. You
should submit only information that
you wish to make available publicly. All
submissions should refer to File
Number SR–LTSE–2022–01 and should
be submitted on or before April 7, 2022.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.25
Eduardo Aleman,
Assistant Secretary.
[FR Doc. 2022–05594 Filed 3–16–22; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–512, OMB Control No.
3235–0570]
Submission for OMB Review;
Comment Request; Extension: Form
N–CSR
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission (the
‘‘Commission’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for extension of the
previously approved collection of
information discussed below.
25 17
PO 00000
CFR 200.30–3(a)(12).
Frm 00092
Fmt 4703
Sfmt 4703
Form N–CSR (17 CFR 249.331 and
274.128) is a combined reporting form
used by registered management
investment companies (‘‘funds’’) to file
certified shareholder reports under the
Investment Company Act of 1940 (15
U.S.C. 80a–1 et seq.) (‘‘Investment
Company Act’’) and the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.) (‘‘Exchange Act’’). Specifically,
Form N–CSR is to be used for reports
under section 30(b)(2) of the Investment
Company Act (15 U.S.C. 80a–29(b)(2))
and section 13(a) or 15(d) of the
Exchange Act (15 U.S.C. 78m(a) and
78o(d)), filed pursuant to rule 30b2–1(a)
under the Investment Company Act (17
CFR 270.30b2–1(a)). Reports on Form
N–CSR are to be filed with the
Securities and Exchange Commission
(‘‘Commission’’) no later than 10 days
after the transmission to stockholders of
any report that is required to be
transmitted to stockholders under rule
30e–1 under the Investment Company
Act (17 CFR 270.30e–1). The
information filed with the Commission
permits the verification of compliance
with securities law requirements and
assures the public availability and
dissemination of the information.
The following estimates of average
burden hours and costs are made solely
for purposes of the Paperwork
Reduction Act of 1995 1 and are not
derived from a comprehensive or even
representative survey or study of the
cost of Commission rules and forms.
Compliance with Form N–CSR is
mandatory. Responses to the collection
of information will not be kept
confidential.
The current total annual burden hour
inventory for Form N–CSR is 181,167
hours.2 The hour burden estimates for
preparing and filing reports on Form
N–CSR are based on the Commission’s
experience with the contents of the
form. The number of burden hours may
vary depending on, among other things,
the complexity of the filing and whether
preparation of the reports is performed
by internal staff or outside counsel.
The Commission’s new estimate of
burden hours that will be imposed by
Form N–CSR is as follows:
1 44
U.S.C. 3501 et seq.
estimate is based on the following
calculation: 179,443 (previous burden estimate) +
1,724.5 (additional internal burden) = 181,167.5
hours.
2 This
E:\FR\FM\17MRN1.SGM
17MRN1
15283
Federal Register / Vol. 87, No. 52 / Thursday, March 17, 2022 / Notices
TABLE 1—SUMMARY OF REVISED BURDEN HOURS FOR REPORTS ON FORM N–CSR
Funds and filings
Form N–CSR .......................................................................
khammond on DSKJM1Z7X2PROD with NOTICES
In total, the Commission estimates it
will take 227,137 burden hours per year
for all funds to prepare and file reports
on Form N–CSR. Commission staff
estimates that the annual cost of outside
services associated with Form N–CSR is
approximately $203 per fund and the
total annual external cost burden for
Form N–CSR is $5,949,524.4
Estimates of average burden hours
and costs are made solely for the
purposes of the Paperwork Reduction
Act, and are not derived from a
comprehensive or even representative
survey or study of the costs of
Commission rules and forms.
Compliance with the collection of
information requirements of Form N–
CSR is mandatory. Responses to the
collection of information will not be
kept confidential. An agency may not
conduct or sponsor, and a person is not
required to respond to a collection of
information unless it displays a
currently valid OMB control number.
The public may view the background
documentation for this information
collection at the following website,
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:
Lindsay.M.Abate@omb.eop.gov; and (ii)
David Bottom, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o John R.
Pezzullo 100 F Street NE, Washington,
DC 20549 or send an email to: PRA_
Mailbox@sec.gov. Written comments
and recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice April 18, 2022 to
www.reginfo.gov/public/do/PRAMain.
3 This estimate is based on the number of
registered management companies as calculated by
the filing type: 1,403 N–1A registrants (13,248
funds); 693 N–2 registrants (691 funds); 5 N–3
registrants (14 funds); 417 N–4 registrants (418
funds); 235 N–6 registrants (236 funds); 47
N–8B–2 registrants (47 funds).
4 This estimate is based on the following
calculation: 14,654 funds × $203 per filing × 2
filings per year = $5,949,524.
VerDate Sep<11>2014
17:38 Mar 16, 2022
Jkt 256001
Number of
funds
Number of
annual filings
Number of
total filings
Hour burden
per fund per
filing
Total annual
hour burden
(A)
(B)
(C) = (A) × (B)
(D)
(E) = (C) × (D)
14,654 3
2
29,308
7.75
227,137
Find this particular information
collection by selecting ‘‘Currently under
30-day Review—Open for Public
Comments’’ or by using the search
function.
Dated: March 14, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022–05679 Filed 3–16–22; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–94402; File No. SR–
CboeBZX–2022–016]
Self-Regulatory Organizations; Cboe
BZX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of
Proposed Rule Change To Reflect a
Modification to the Permitted
Components of the Tracking Basket of
the Hartford Large Cap Growth ETF,
and To Permit the Use of Custom
Baskets by the Hartford Large Cap
Growth ETF, the Invesco US Large Cap
Core ETF, and the Invesco Real Assets
ESG ETF
March 11, 2022.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on March 4,
2022, Cboe BZX Exchange, Inc. filed
with the Securities and Exchange
Commission (‘‘Commission’’) the
proposed rule change as described in
Items I and II below, which Items have
been prepared by the Exchange. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
Cboe BZX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘BZX’’) proposes to (i)
permit the Hartford Large Cap Growth
ETF (the ‘‘Fund’’), shares of which are
listed and traded on the Exchange under
BZX Rule 14.11(m), to include select
1 15
2 17
PO 00000
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00093
Annual time burden (hours)
Fmt 4703
securities from which a Fund’s
investments are selected such as a
broad-based market index (‘‘Investment
Universe’’) in the Fund’s Tracking
Basket, and (ii) permit the Fund and
certain other series of Tracking Fund
Shares that are listed and traded on the
Exchange to use Custom Baskets.
The text of the proposed rule change
is also available on the Exchange’s
website (https://markets.cboe.com/us/
equities/regulation/rule_filings/bzx/), at
the Exchange’s Office of the Secretary,
and at the Commission’s Public
Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant aspects of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange adopted BZX Rule
14.11(m) for the purpose of permitting
the listing and trading, or pursuant to
unlisted trading privileges (‘‘UTP’’), of
Tracking Fund Shares, which are
securities issued by an actively managed
open-end management investment
company.3 Exchange Rule
3 See Securities Exchange Act Release No. 93273
(October 7, 2021), 86 FR 57237 (October 14, 2021)
(SR–CboeBZX–2021–063) (Notice and Immediate
Effectiveness of a Proposed Rule Change To List
and Trade Shares of Hartford Large Cap Growth
ETF, a Series of Hartford Funds Exchange-Traded
Trust, Under Rule 14.11(m), Tracking Fund Shares
(the ‘‘Original Filing’’)). Rule 14.11(m)(3)(A)
provides that ‘‘[t]he term ‘‘Tracking Fund Share’’
means a security that (i) represents an interest in
an investment company registered under the
Continued
Sfmt 4703
E:\FR\FM\17MRN1.SGM
17MRN1
]]>Agencies
[Federal Register Volume 87, Number 52 (Thursday, March 17, 2022)]
[Notices]
[Pages 15282-15283]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-05679]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-512, OMB Control No. 3235-0570]
Submission for OMB Review; Comment Request; Extension: Form N-CSR
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (the ``Commission'') has submitted to the Office of
Management and Budget (``OMB'') a request for extension of the
previously approved collection of information discussed below.
Form N-CSR (17 CFR 249.331 and 274.128) is a combined reporting
form used by registered management investment companies (``funds'') to
file certified shareholder reports under the Investment Company Act of
1940 (15 U.S.C. 80a-1 et seq.) (``Investment Company Act'') and the
Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (``Exchange
Act''). Specifically, Form N-CSR is to be used for reports under
section 30(b)(2) of the Investment Company Act (15 U.S.C. 80a-29(b)(2))
and section 13(a) or 15(d) of the Exchange Act (15 U.S.C. 78m(a) and
78o(d)), filed pursuant to rule 30b2-1(a) under the Investment Company
Act (17 CFR 270.30b2-1(a)). Reports on Form N-CSR are to be filed with
the Securities and Exchange Commission (``Commission'') no later than
10 days after the transmission to stockholders of any report that is
required to be transmitted to stockholders under rule 30e-1 under the
Investment Company Act (17 CFR 270.30e-1). The information filed with
the Commission permits the verification of compliance with securities
law requirements and assures the public availability and dissemination
of the information.
The following estimates of average burden hours and costs are made
solely for purposes of the Paperwork Reduction Act of 1995 \1\ and are
not derived from a comprehensive or even representative survey or study
of the cost of Commission rules and forms. Compliance with Form N-CSR
is mandatory. Responses to the collection of information will not be
kept confidential.
---------------------------------------------------------------------------
\1\ 44 U.S.C. 3501 et seq.
---------------------------------------------------------------------------
The current total annual burden hour inventory for Form N-CSR is
181,167 hours.\2\ The hour burden estimates for preparing and filing
reports on Form N-CSR are based on the Commission's experience with the
contents of the form. The number of burden hours may vary depending on,
among other things, the complexity of the filing and whether
preparation of the reports is performed by internal staff or outside
counsel.
---------------------------------------------------------------------------
\2\ This estimate is based on the following calculation: 179,443
(previous burden estimate) + 1,724.5 (additional internal burden) =
181,167.5 hours.
---------------------------------------------------------------------------
The Commission's new estimate of burden hours that will be imposed
by Form N-CSR is as follows:
[[Page 15283]]
Table 1--Summary of Revised Burden Hours for Reports on Form N-CSR
--------------------------------------------------------------------------------------------------------------------------------------------------------
Funds and filings Annual time burden (hours)
------------------------------------------------------------------------------------
Number of Number of total Hour burden per Total annual
Number of funds annual filings filings fund per filing hour burden
(A) (B) (C) = (A) x (B)(D) (E) = (C) x (D)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Form N-CSR......................................................... 14,654 \3\ 2 29,308 7.75 227,137
--------------------------------------------------------------------------------------------------------------------------------------------------------
In total, the Commission estimates it will take 227,137 burden
hours per year for all funds to prepare and file reports on Form N-CSR.
Commission staff estimates that the annual cost of outside services
associated with Form N-CSR is approximately $203 per fund and the total
annual external cost burden for Form N-CSR is $5,949,524.\4\
---------------------------------------------------------------------------
\3\ This estimate is based on the number of registered
management companies as calculated by the filing type: 1,403 N-1A
registrants (13,248 funds); 693 N-2 registrants (691 funds); 5 N-3
registrants (14 funds); 417 N-4 registrants (418 funds); 235 N-6
registrants (236 funds); 47 N-8B-2 registrants (47 funds).
\4\ This estimate is based on the following calculation: 14,654
funds x $203 per filing x 2 filings per year = $5,949,524.
---------------------------------------------------------------------------
Estimates of average burden hours and costs are made solely for the
purposes of the Paperwork Reduction Act, and are not derived from a
comprehensive or even representative survey or study of the costs of
Commission rules and forms. Compliance with the collection of
information requirements of Form N-CSR is mandatory. Responses to the
collection of information will not be kept confidential. An agency may
not conduct or sponsor, and a person is not required to respond to a
collection of information unless it displays a currently valid OMB
control number.
The public may view the background documentation for this
information collection at the following website, 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:
[email protected]; and (ii) David Bottom, Director/Chief
Information Officer, Securities and Exchange Commission, c/o John R.
Pezzullo 100 F Street NE, Washington, DC 20549 or send an email to:
[email protected]. Written comments and recommendations for the
proposed information collection should be sent within 30 days of
publication of this notice April 18, 2022 to www.reginfo.gov/public/do/PRAMain. Find this particular information collection by selecting
``Currently under 30-day Review--Open for Public Comments'' or by using
the search function.
Dated: March 14, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-05679 Filed 3-16-22; 8:45 am]
BILLING CODE 8011-01-P
