Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 1, To Amend the NYSE Listed Company Manual To Provide a Limited Exemption From the Shareholder Approval Requirements for Closed-End Management Investment Companies With Equity Securities Listed Under Section 102.04 of the Listed Company Manual, 56716-56717 [2022-19920]
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lotter on DSK11XQN23PROD with NOTICES1
56716
Federal Register / Vol. 87, No. 178 / Thursday, September 15, 2022 / Notices
development stage for the sole and
limited purpose to collect public input
to inform the work of the SML as it
develops the final National Strategy.
DATES: Interested persons and
organizations are invited to submit
comments on or before 5:00 p.m. ET,
October 17, 2022.
ADDRESSES: You may submit comments
by any of the following methods:
• Email (preferred): microelectronics_
strategy@ostp.eop.gov, include
Response to SML RFI on Draft Report in
the subject line of the message.
• Mail: Attn: NSTC Subcommittee on
Microelectronics Leadership, Office of
Science and Technology Policy,
Eisenhower Executive Office Building,
1650 Pennsylvania Ave. NW,
Washington, DC 20504.
Instructions: Response to this request
for public comment is voluntary. Each
individual or institution is requested to
submit only one response. Respondents
may answer as many or as few questions
as they wish. Comments of
approximately 5 pages or less in length
(up to 10,000 characters) are requested.
Electronic responses must be provided
as attachments to an email rather than
a link. When referencing particular
sections of the draft document, please
refer to the relevant line number in
responses. OSTP will not respond to
individual submissions. Responses
should include the name of the
person(s) or organization(s) filing the
response. Responses containing
references, studies, research, and other
empirical data that are not widely
published should include copies of or
electronic links to the referenced
materials. Responses containing
profanity, vulgarity, threats, or other
inappropriate language or content will
not be considered.
This Request for Public Comment is
not accepting applications for financial
assistance or financial incentives. OSTP
may post responses to this request for
public comment without change, online.
OSTP therefore requests that no
business proprietary information,
copyrighted information, or personally
identifiable information be submitted in
response to this Request for Public
Comment. Please note that the U.S.
Government will not pay for response
preparation, or for the use of any
information contained in the response.
Comments submitted in response to this
notice are subject to the Freedom of
Information Act (FOIA).
FOR FURTHER INFORMATION CONTACT:
Corey Stambaugh (Executive Secretary
for the SML) at microelectronics_
strategy@ostp.eop.gov or (202) 456–
4444.
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16:56 Sep 14, 2022
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SUPPLEMENTARY INFORMATION:
Overview: Section 9906(a)(3)(A)of the
William M. (Mac) Thornberry National
Defense Authorization Act for Fiscal
Year 2021 (Public Law 116–283)
(included in Title XCIX, ‘‘Creating
Helpful Incentives to Produce
Semiconductors (CHIPS) for America’’),
established the Subcommittee on
Microelectronics Research (SML) and
charged the Subcommittee with the
development of a national strategy on
microelectronics research, development,
manufacturing, and supply chain
security. The National Strategy on
Microelectronics Research (‘‘National
Strategy’’) is being developed to address
approaches to prioritize research and
development (R&D) to advance
microelectronics, to grow the workforce,
to leverage and connect the broader R&D
infrastructure, including the Federal
laboratories, enhance public-private
partnerships and international
engagement, and develop activities that
address future challenges to the
innovation, competitiveness, and
supply chain security of the United
States in the field of microelectronics.
The SML is seeking input from
stakeholders from across the entire
microelectronics ecosystem, including
industry, academia, and non-profits, to
guide this effort.
The final National Strategy will seek
to ensure that advances in
microelectronics R&D and their
applications to agency missions and the
broader national interest continue
unabated in this critical field. The
strategy will provide guidance for
agency leaders, program managers, and
the research community regarding
planning and implementation of
microelectronics R&D investments and
activities and ensure they are synergistic
with the broader CHIPS legislation and
activities.
The Draft National Strategy identifies
three main goals with underlining
strategic objectives:
• Goal 1. Fuel Discoveries for Future
Generations of Microelectronics
• Goal 2. Expand, Train, and Support
the Workforce
• Goal 3. Facilitate the Rapid Transition
of R&D to U.S. Industry
OSTP seeks comment from the public
on the Draft National Strategy with a
focus on the following questions:
1. Does the Draft National Strategy
capture the key R&D areas that will
support future generations of
microelectronics? If not, what additional
areas of R&D focus are required?
2. What additional approaches should
be considered to develop and expand
the microelectronics workforce at all
levels, including advanced degrees?
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3. Are there additional mechanisms
that should be considered to ensure
rapid transition of R&D to industry?
4. Do you have any additional
suggestions on how the final National
Strategy can help ensure the success of
the broader CHIPS efforts and ensure
continued U.S. leadership in this
important area?
The Draft National Strategy is not a
commitment to any strategy, policy,
funding, or plan and it has not been
approved for final publication by the
NSTC or any part of the United States
Government. The contents of this draft
document and the strategy may change
in its entirety or in part prior to final
publication based on the feedback that
we receive.
File: https://www.whitehouse.gov/wpcontent/uploads/2022/09/SML-DRAFTMicrolectronics-Strategy-For-PublicComment.pdf.
Dated: September 12, 2022.
Stacy Murphy,
Operations Manager.
[FR Doc. 2022–19935 Filed 9–14–22; 8:45 am]
BILLING CODE 3270–F2–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–95716; File No. SR–NYSE–
2022–11]
Self-Regulatory Organizations; New
York Stock Exchange LLC; Notice of
Designation of a Longer Period for
Commission Action on Proceedings To
Determine Whether To Approve or
Disapprove a Proposed Rule Change,
as Modified by Amendment No. 1, To
Amend the NYSE Listed Company
Manual To Provide a Limited
Exemption From the Shareholder
Approval Requirements for ClosedEnd Management Investment
Companies With Equity Securities
Listed Under Section 102.04 of the
Listed Company Manual
September 9, 2022.
On February 23, 2022, New York
Stock Exchange LLC (‘‘NYSE’’ or
‘‘Exchange’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’), pursuant to Section
19(b)(1) of the Securities Exchange Act
of 1934 (‘‘Act’’) 1 and Rule 19b–4
thereunder,2 a proposed rule change to
amend Section 312.03 of the NYSE
Listing Company Manual to provide an
exemption from certain shareholder
approval requirements of that rule for
listed registered closed-end
1 15
2 17
E:\FR\FM\15SEN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
15SEN1
Federal Register / Vol. 87, No. 178 / Thursday, September 15, 2022 / Notices
lotter on DSK11XQN23PROD with NOTICES1
management investment companies and
business development companies under
certain circumstances. On March 8,
2022, the Exchange filed Amendment
No. 1 to the proposed rule change,
which amended and replaced the
proposed rule change in its entirety. The
proposed rule change, as modified by
Amendment No. 1, was published for
comment in the Federal Register on
March 15, 2022.3 The Commission has
received no comment letters on the
proposed rule change, as modified by
Amendment No. 1.
On April 26, 2022, pursuant to
Section 19(b)(2) of the Act,4 the
Commission designated a longer period
within which to approve the proposed
rule change, disapprove the proposed
rule change, or institute proceedings to
determine whether to disapprove the
proposed rule change.5 On June 13,
2022, the Commission instituted
proceedings under Section 19(b)(2)(B) of
Act 6 to determine whether to approve
or disapprove the proposed rule
change.7
Section 19(b)(2) of the Act 8 provides
that, after initiating proceedings, the
Commission shall issue an order
approving or disapproving the proposed
rule change not later than 180 days after
the date of publication of notice of filing
of the proposed rule change. The
Commission may extend the period for
issuing an order approving or
disapproving the proposed rule change,
however, by not more than 60 days if
the Commission determines that a
longer period is appropriate and
publishes the reasons for such
determination. The proposed rule
change was published for comment in
the Federal Register on March 15,
2022.9 The 180th day after publication
of the proposed rule change is
September 11, 2022. The Commission is
extending the time period for approving
or disapproving the proposed rule
change, as modified by Amendment No.
1, for an additional 60 days.
The Commission finds it appropriate
to designate a longer period within
which to issue an order approving or
disapproving the proposed rule change,
3 See Securities Exchange Act Release No. 94388
(March 9, 2022), 87 FR 14589.
4 15 U.S.C. 78s(b)(2).
5 See Securities Exchange Act Release No. 94795,
87 FR 25689 (May 2, 2022). The Commission
designated June 13, 2022, as the date by which the
Commission shall approve or disapprove, or
institute proceedings to determine whether to
disapprove, the proposed rule change, as modified
by Amendment No. 1.
6 15 U.S.C. 78s(b)(2)(B).
7 See Securities Exchange Act Release No. 95093,
87 FR 36548 (June 17, 2022).
8 15 U.S.C. 78s(b)(2).
9 See supra note 3.
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16:56 Sep 14, 2022
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as modified by Amendment No. 1, so
that it has sufficient time to consider the
proposed rule change, as modified by
Amendment No. 1. Accordingly, the
Commission, pursuant to Section
19(b)(2) of the Act,10 designates
November 10, 2022, as the date by
which the Commission shall either
approve or disapprove the proposed
rule change, as modified by Amendment
No. 1 (File No. SR–NYSE–2022–11).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022–19920 Filed 9–14–22; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–95722; File No. SR–PHLX–
2022–34]
Self-Regulatory Organizations; Nasdaq
PHLX LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change To Amend Its PortRelated Fees, at Equity 7, Section 3,
and Options 7, Section 9
September 9, 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
September 1, 2022, Nasdaq PHLX LLC
(‘‘Phlx’’ or ‘‘Exchange’’) filed with the
Securities and Exchange Commission
(‘‘SEC’’ or ‘‘Commission’’) the proposed
rule change as described in Items I, II,
and III, 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
The Exchange proposes to amend the
Exchange’s port-related fees, at Equity 7,
Section 3, and Options 7, Section 9, as
described further below. The text of the
proposed rule change is available on the
Exchange’s website at https://
listingcenter.nasdaq.com/rulebook/
phlx/rules, at the principal office of the
Exchange, and at the Commission’s
Public Reference Room.
10 15
U.S.C. 78s(b)(2).
CFR 200.30–3(a)(57).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
11 17
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56717
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 purpose of the proposed rule
change is to (i) amend Equity 7, Section
3, and Options 7, Section 9, to prorate
port fees for the first month of service,
(ii) add language to Equity 7, Section 3,
and Options 7, Section 9, to clarify that
port fees for cancelled services will
continue to be charged for the
remainder of month, and (iii) clarify that
Nasdaq Testing Facility (‘‘NTF’’) ports
are provided at no cost in Options 7,
Section 9.
Currently, the Exchange does not
prorate port connectivity fees under
either its equity or options rules. Thus,
participants are assessed a full month’s
fee if they direct the Exchange to make
the subscribed connectivity live on any
day of the month, including the last day
thereof. Participants are also assessed a
full month’s port fee if they cancel
service during the month.
The Exchange proposes to provide
prorated port fees for the first month of
service for new requests. By prorating
the first month’s fees, the Exchange
would charge participants port fees only
for the days in which the participants
are connected to the Exchange during
the first month of service. The Exchange
proposes to continue the current
practice of charging port fees for the
remainder of the month upon
cancellation. If a participant starts and
cancels service in the same month, the
participant would not be billed for those
days prior to the service start date but
would be billed for the remainder of the
month, including after the service is
cancelled.3
3 For example, if a participant orders a port on
September 4, 2022 and cancels the port on
September 16, 2022, the participant would be
charged the prorated port fee for September 5, 2022
through September 30, 2022.
E:\FR\FM\15SEN1.SGM
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]]>Agencies
[Federal Register Volume 87, Number 178 (Thursday, September 15, 2022)]
[Notices]
[Pages 56716-56717]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-19920]
=======================================================================
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-95716; File No. SR-NYSE-2022-11]
Self-Regulatory Organizations; New York Stock Exchange LLC;
Notice of Designation of a Longer Period for Commission Action on
Proceedings To Determine Whether To Approve or Disapprove a Proposed
Rule Change, as Modified by Amendment No. 1, To Amend the NYSE Listed
Company Manual To Provide a Limited Exemption From the Shareholder
Approval Requirements for Closed-End Management Investment Companies
With Equity Securities Listed Under Section 102.04 of the Listed
Company Manual
September 9, 2022.
On February 23, 2022, New York Stock Exchange LLC (``NYSE'' or
``Exchange'') filed with the Securities and Exchange Commission
(``Commission''), pursuant to Section 19(b)(1) of the Securities
Exchange Act of 1934 (``Act'') \1\ and Rule 19b-4 thereunder,\2\ a
proposed rule change to amend Section 312.03 of the NYSE Listing
Company Manual to provide an exemption from certain shareholder
approval requirements of that rule for listed registered closed-end
[[Page 56717]]
management investment companies and business development companies
under certain circumstances. On March 8, 2022, the Exchange filed
Amendment No. 1 to the proposed rule change, which amended and replaced
the proposed rule change in its entirety. The proposed rule change, as
modified by Amendment No. 1, was published for comment in the Federal
Register on March 15, 2022.\3\ The Commission has received no comment
letters on the proposed rule change, as modified by Amendment No. 1.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release No. 94388 (March 9,
2022), 87 FR 14589.
---------------------------------------------------------------------------
On April 26, 2022, pursuant to Section 19(b)(2) of the Act,\4\ the
Commission designated a longer period within which to approve the
proposed rule change, disapprove the proposed rule change, or institute
proceedings to determine whether to disapprove the proposed rule
change.\5\ On June 13, 2022, the Commission instituted proceedings
under Section 19(b)(2)(B) of Act \6\ to determine whether to approve or
disapprove the proposed rule change.\7\
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 94795, 87 FR 25689
(May 2, 2022). The Commission designated June 13, 2022, as the date
by which the Commission shall approve or disapprove, or institute
proceedings to determine whether to disapprove, the proposed rule
change, as modified by Amendment No. 1.
\6\ 15 U.S.C. 78s(b)(2)(B).
\7\ See Securities Exchange Act Release No. 95093, 87 FR 36548
(June 17, 2022).
---------------------------------------------------------------------------
Section 19(b)(2) of the Act \8\ provides that, after initiating
proceedings, the Commission shall issue an order approving or
disapproving the proposed rule change not later than 180 days after the
date of publication of notice of filing of the proposed rule change.
The Commission may extend the period for issuing an order approving or
disapproving the proposed rule change, however, by not more than 60
days if the Commission determines that a longer period is appropriate
and publishes the reasons for such determination. The proposed rule
change was published for comment in the Federal Register on March 15,
2022.\9\ The 180th day after publication of the proposed rule change is
September 11, 2022. The Commission is extending the time period for
approving or disapproving the proposed rule change, as modified by
Amendment No. 1, for an additional 60 days.
---------------------------------------------------------------------------
\8\ 15 U.S.C. 78s(b)(2).
\9\ See supra note 3.
---------------------------------------------------------------------------
The Commission finds it appropriate to designate a longer period
within which to issue an order approving or disapproving the proposed
rule change, as modified by Amendment No. 1, so that it has sufficient
time to consider the proposed rule change, as modified by Amendment No.
1. Accordingly, the Commission, pursuant to Section 19(b)(2) of the
Act,\10\ designates November 10, 2022, as the date by which the
Commission shall either approve or disapprove the proposed rule change,
as modified by Amendment No. 1 (File No. SR-NYSE-2022-11).
---------------------------------------------------------------------------
\10\ 15 U.S.C. 78s(b)(2).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
---------------------------------------------------------------------------
\11\ 17 CFR 200.30-3(a)(57).
---------------------------------------------------------------------------
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022-19920 Filed 9-14-22; 8:45 am]
BILLING CODE 8011-01-P
