Submission for OMB Review; Comment Request; Extension: Rule 3a71-3(d), 4252 [2023-01250]

Download as PDF tkelley on DSK125TN23PROD with NOTICES 4252 Federal Register / Vol. 88, No. 15 / Tuesday, January 24, 2023 / Notices as well as what types of accounts and services are appropriate for their needs. The information that must be collected pursuant to Rule 17a–14 and Form CRS is necessary to provide broker-dealer retail customers, prospective retail customers, and the Commission with information about the relationships and services the firm offers to retail investors, fees and costs that the retail investor will pay, specific conflicts of interest and standards of conduct, legal or disciplinary history, and how to obtain additional information about the firm. The Commission uses the information to manage its regulatory and examination programs. Clients can use the information required in the relationship summary to determine whether to hire or retain a broker-dealer, as well as what types of accounts and services are appropriate for their needs. The information will therefore help establish a framework that protects investors and promotes efficiency, competition, and capital formation. The aggregate annual hour burden for all respondents to comply with the information collection requirements of Rule 17a–14 and Form CRS is estimated to be approximately 6,098,916 hours per year. Under Rule 17a–14 and Form CRS, respondents will also incur cost burdens. The aggregate annual cost burden for all respondents is estimated to be approximately $181,194 per year. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information under the PRA unless it displays a currently valid OMB control number. 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 by February 23, 2023 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: January 18, 2023. Sherry R. Haywood, Assistant Secretary. [FR Doc. 2023–01254 Filed 1–23–23; 8:45 am] BILLING CODE 8011–01–P VerDate Sep<11>2014 19:17 Jan 23, 2023 Jkt 259001 SECURITIES AND EXCHANGE COMMISSION [SEC File No. 270–817, OMB Control No. 3235–0771] Submission for OMB Review; Comment Request; Extension: Rule 3a71–3(d) 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 (‘‘PRA’’) (44 U.S.C. 3501 et seq.), the Securities and Exchange Commission (‘‘Commission’’) has submitted to the Office of Management and Budget (‘‘OMB’’) a request for approval of extension of the previously approved collection of information provided for in Rule 3a71–3(d), (17 CFR 240.3a71–3(d)), under the Securities Exchange Act of 1934 (‘‘Exchange Act’’) (15 U.S.C. 78a et seq.). Rule 3a71–3 under the Exchange Act provides in part that, for purposes of determining whether they can avail themselves of the de minimis exception to the ‘‘security-based swap dealer’’ definition, non-U.S. persons must count certain dealing transactions with nonU.S. counterparties that have been ‘‘arranged, negotiated, or executed’’ by personnel in the United States. Rule 3a71–3(d) provides an exception from that ‘‘arranged, negotiated, or executed’’ counting requirement. The Commission estimates that up to 24 entities may seek to rely on the exception to the de minimis counting requirement of Rule 3a71–3. In connection with the conditions to the exception, each of those up to 24 entities would make use of an affiliated registered security-based swap dealer or registered broker. In general, the registered entity would be required to comply with the collections of information. Applications for ‘‘listed jurisdiction’’ status may be submitted by the up to 24 relying entities, but the staff believes that the greater portion of such applications will be submitted by foreign financial authorities. The Commission estimates that the total annual time burden for Rule 3a71– 3(d), for all respondents, is approximately 235,243 hours per year. In addition, the Commission estimates that the total annual cost burden for Rule 3a71–3(d), for all respondents, is approximately $1,242,595 per year. A detailed break-down of the burdens is provided in the supporting statement. An agency may not conduct or sponsor, and a person is not required to PO 00000 Frm 00102 Fmt 4703 Sfmt 4703 respond to, a collection of information under the PRA unless it displays a currently valid OMB control number. 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 by February 23, 2023 to (i) www.reginfo.gov/public/do/PRAMain 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: January 18, 2023. Sherry R. Haywood, Assistant Secretary. [FR Doc. 2023–01250 Filed 1–23–23; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–96701; File No. SR–NYSE– 2023–03] Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Modify Rule 7.31 January 18, 2023. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (the ‘‘Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on January 4, 2023, New York Stock Exchange LLC (‘‘NYSE’’ or the ‘‘Exchange’’) filed with the Securities and Exchange Commission (the ‘‘Commission’’) the proposed rule change as described in Items I and II below, which Items have been prepared by the self-regulatory organization. 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 modify Rule 7.31 regarding MPL–IOC Orders. The proposed rule change is available on the Exchange’s website at www.nyse.com, at the principal office of the Exchange, and at the Commission’s Public Reference Room. 1 15 2 17 E:\FR\FM\24JAN1.SGM U.S.C. 78s(b)(1). CFR 240.19b–4. 24JAN1

Agencies

[Federal Register Volume 88, Number 15 (Tuesday, January 24, 2023)]
[Notices]
[Page 4252]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-01250]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-817, OMB Control No. 3235-0771]


Submission for OMB Review; Comment Request; Extension: Rule 3a71-
3(d)

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 (``PRA'') (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') has submitted to the Office of Management 
and Budget (``OMB'') a request for approval of extension of the 
previously approved collection of information provided for in Rule 
3a71-3(d), (17 CFR 240.3a71-3(d)), under the Securities Exchange Act of 
1934 (``Exchange Act'') (15 U.S.C. 78a et seq.).
    Rule 3a71-3 under the Exchange Act provides in part that, for 
purposes of determining whether they can avail themselves of the de 
minimis exception to the ``security-based swap dealer'' definition, 
non-U.S. persons must count certain dealing transactions with non-U.S. 
counterparties that have been ``arranged, negotiated, or executed'' by 
personnel in the United States. Rule 3a71-3(d) provides an exception 
from that ``arranged, negotiated, or executed'' counting requirement.
    The Commission estimates that up to 24 entities may seek to rely on 
the exception to the de minimis counting requirement of Rule 3a71-3. In 
connection with the conditions to the exception, each of those up to 24 
entities would make use of an affiliated registered security-based swap 
dealer or registered broker. In general, the registered entity would be 
required to comply with the collections of information. Applications 
for ``listed jurisdiction'' status may be submitted by the up to 24 
relying entities, but the staff believes that the greater portion of 
such applications will be submitted by foreign financial authorities.
    The Commission estimates that the total annual time burden for Rule 
3a71-3(d), for all respondents, is approximately 235,243 hours per 
year. In addition, the Commission estimates that the total annual cost 
burden for Rule 3a71-3(d), for all respondents, is approximately 
$1,242,595 per year. A detailed break-down of the burdens is provided 
in the supporting statement.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information under the PRA unless it 
displays a currently valid OMB control number.
    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 by February 23, 2023 to (i) www.reginfo.gov/public/do/PRAMain 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: January 18, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-01250 Filed 1-23-23; 8:45 am]
BILLING CODE 8011-01-P
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