Submission for OMB Review; Comment Request; Extension: Rule 6c-11, 69372 [2022-25097]
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khammond on DSKJM1Z7X2PROD with NOTICES
69372
Federal Register / Vol. 87, No. 222 / Friday, November 18, 2022 / Notices
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Rule 155 (17 CFR 230.155) under the
Securities Act of 1933 (15 U.S.C. 77a et
seq.) provides safe harbors for a
registered offering of securities from
integration in two circumstances: (1) a
registered offering that follows an
abandoned private offering; and (2) a
private offering that follows a
withdrawn registered offering. Each of
the rule’s safe harbors imposes
conditions designed to assure that there
is a clean break between the abandoned
offering and the later offering. In each
safe harbor, these conditions include
specified disclosure designed to assure
that investors understand this break as
they consider an investment decision in
the later offering. We estimate Rule 155
takes approximately 4 hours per
response to prepare and is filed by
approximately 600 respondents
annually. We estimate that 50% of the
4 hours per response (2 hours per
response) is prepared by the filer for a
total annual reporting burden of 1,200
hours (2 hours per response × 600
responses).
Written comments are invited on: (a)
whether this proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden imposed by the collection
of information; (c) ways to enhance the
quality, utility, and clarity of the
information collected; and (d) ways to
minimize the burden of the collection of
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology. Consideration will be given
to comments and suggestions submitted
in writing within 60 days of this
publication by January 17, 2023.
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
control number.
Please direct your written comment to
David Bottom, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o John
Pezzullo, 100 F Street NE, Washington,
DC 20549 or send an email to: PRA_
Mailbox@sec.gov.
Dated: November 15, 2022.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2022–25226 Filed 11–17–22; 8:45 am]
BILLING CODE 8011–01–P
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SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–814, OMB Control No.
3235–0764]
Submission for OMB Review;
Comment Request; Extension: Rule
6c–11
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 a
request for extension of the previously
approved collection of information
discussed below.
Rule 6c–11 under the Investment
Company Act of 1940 (the ‘‘Act’’)
permits exchange-traded funds (‘‘ETFs’’)
that satisfy certain conditions to operate
without first obtaining an exemptive
order from the Commission. The rule
was designed to create a consistent,
transparent, and efficient regulatory
framework for ETFs and facilitate
greater competition and innovation
among ETFs. Rule 6c–11 requires an
ETF to disclose certain information on
its website, to maintain certain records,
and to adopt and implement written
policies and procedures governing its
constructions of baskets, as well as
written policies and procedures that set
forth detailed parameters for the
construction and acceptance of custom
baskets that are in the best interests of
the ETF and its shareholders.
We estimate that the total hour
burdens and time costs associated with
rule 6c–11, including the burden
associated with reviewing and updating
website disclosures, recordkeeping, and
reviewing and updating policies and
procedures, will result in an average
aggregate annual burden of 51,156 hours
and an average aggregate time cost of
$1,248,912.
The requirements of this collection of
information are mandatory. If
information collected pursuant to rule
6c–11 is reviewed by the Commission’s
examination staff, it will be accorded
the same level of confidentiality
accorded to other responses provided to
the Commission in the context of its
examination and oversight program.
The public may view background
documentation for this information
collection at the following website:
www.reginfo.gov. Find this particular
information collection by selecting
PO 00000
Frm 00135
Fmt 4703
Sfmt 4703
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice by December 19, 2022 to (i)
MBX.OMB.OIRA.SEC_desk_officer@
omb.eop.gov and (ii) David Bottom,
Director/Chief Information Officer,
Securities and Exchange Commission, c/
o John Pezzullo, 100 F Street NE,
Washington, DC 20549, or by sending an
email to: PRA_Mailbox@sec.gov.
Dated: November 14, 2022.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2022–25097 Filed 11–17–22; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Investment Company Act Release No.
34752; 812–15251]
Trinity Capital Inc.
Securities and Exchange
Commission (‘‘Commission’’).
ACTION: Notice.
AGENCY:
Notice of an application under section
6(c) of the Investment Company Act of
1940 (the ‘‘Act’’) for an exemption from
section 12(d)(3) of the Act.
SUMMARY OF APPLICATION: Applicant
requests an order to permit a business
development company (‘‘BDC’’) to
organize, acquire, and wholly-own a
portfolio company that intends to
operate as an investment adviser
registered under the Investment
Advisers Act of 1940 (the ‘‘Advisers
Act’’).
APPLICANT: Trinity Capital Inc. (the
‘‘Company’’ or ‘‘Applicant’’).
FILING DATES: The application was filed
on August 5, 2021, and amended on
August 5, 2022 and on November 7,
2022.
HEARING OR NOTIFICATION OF HEARING:
An order granting the requested relief
will be issued unless the Commission
orders a hearing. Interested persons may
request a hearing by emailing the
Commission’s Secretary at SecretarysOffice@sec.gov and serving Applicant
with a copy of the request, by email.
Hearing requests should be received by
the Commission by 5:30 p.m. on
December 12, 2022 and should be
accompanied by proof of service on the
Applicant, in the form of an affidavit, or
for lawyers, a certificate of service.
Pursuant to rule 0–5 under the Act,
hearing requests should state the nature
of the writer’s interest, any facts bearing
E:\FR\FM\18NON1.SGM
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]]>Agencies
[Federal Register Volume 87, Number 222 (Friday, November 18, 2022)]
[Notices]
[Page 69372]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-25097]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-814, OMB Control No. 3235-0764]
Submission for OMB Review; Comment Request; Extension: Rule 6c-11
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 a request for extension of the previously
approved collection of information discussed below.
Rule 6c-11 under the Investment Company Act of 1940 (the ``Act'')
permits exchange-traded funds (``ETFs'') that satisfy certain
conditions to operate without first obtaining an exemptive order from
the Commission. The rule was designed to create a consistent,
transparent, and efficient regulatory framework for ETFs and facilitate
greater competition and innovation among ETFs. Rule 6c-11 requires an
ETF to disclose certain information on its website, to maintain certain
records, and to adopt and implement written policies and procedures
governing its constructions of baskets, as well as written policies and
procedures that set forth detailed parameters for the construction and
acceptance of custom baskets that are in the best interests of the ETF
and its shareholders.
We estimate that the total hour burdens and time costs associated
with rule 6c-11, including the burden associated with reviewing and
updating website disclosures, recordkeeping, and reviewing and updating
policies and procedures, will result in an average aggregate annual
burden of 51,156 hours and an average aggregate time cost of
$1,248,912.
The requirements of this collection of information are mandatory.
If information collected pursuant to rule 6c-11 is reviewed by the
Commission's examination staff, it will be accorded the same level of
confidentiality accorded to other responses provided to the Commission
in the context of its examination and oversight program.
The public may view background documentation for this information
collection at the following website: www.reginfo.gov. Find this
particular information collection by selecting ``Currently under 30-day
Review--Open for Public Comments'' or by using the search function.
Written comments and recommendations for the proposed information
collection should be sent within 30 days of publication of this notice
by December 19, 2022 to (i) [email protected]
and (ii) David Bottom, Director/Chief Information Officer, Securities
and Exchange Commission, c/o John Pezzullo, 100 F Street NE,
Washington, DC 20549, or by sending an email to: [email protected].
Dated: November 14, 2022.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2022-25097 Filed 11-17-22; 8:45 am]
BILLING CODE 8011-01-P
