Submission for OMB Review; Comment Request; Extension: Rule 203-2 & Form ADV-W, 37913 [2023-12297]

Download as PDF Federal Register / Vol. 88, No. 111 / Friday, June 9, 2023 / Notices understandable, and consistent with relevant laws and regulations.27 The Commission believes that ICC’s addition of Subchapter 26S to its clearing rules helps ensure that ICC’s rules are clear and understandable with respect to its clearance of STSEIC Contracts. Among other things, Subchapter 26S defines relevant terms, provides provisions relevant to STSEIC Contracts, and clarifies how ICC will handle and process certain potential lifecycle and other events in connection with relevant STSEIC Contracts, including a CDS Participant’s merger or affiliation with an Eligible STSEIC Reference Entity and certain ISDA updates to the Relevant Physical Settlement Matrix. Through its provisions, Subchapter 26S provides a reasonable level of certainty related to, and a clear legal basis for, outcomes related to its clearance of STSEIC Contracts. The Commission believes, therefore, that the Proposed Rule Change is consistent with the requirements of Rule 17Ad–22(e)(1) of the Act.28 IV. Conclusion On the basis of the foregoing, the Commission finds that the Proposed Rule Change is consistent with the requirements of the Act, and in particular, Section 17A(b)(3)(F) of the Act and Rule 17Ad–22(e)(1) thereunder.29 It is therefore ordered pursuant to Section 19(b)(2) of the Act that the Proposed Rule Change (SR–ICC–2023– 004) be, and hereby is, approved.30 For the Commission by the Division of Trading and Markets, pursuant to delegated authority.31 Sherry R. Haywood, Assistant Secretary. [FR Doc. 2023–12299 Filed 6–8–23; 8:45 am] lotter on DSK11XQN23PROD with NOTICES1 BILLING CODE 8011–01–P 27 Securities Exchange Act Release No. 78961 (Sept. 28, 2016), 81 FR 70786, 70802 (Oct. 13, 2016) (File No. S7–03–14). 28 17 CFR 240.17Ad–22(e)(1). 29 15 U.S.C. 78q–1(b)(3)(F). 30 In approving the Proposed Rule Change, the Commission considered the proposal’s impacts on efficiency, competition, and capital formation. 15 U.S.C. 78c(f). 31 17 CFR 200.30–3(a)(12). VerDate Sep<11>2014 16:49 Jun 08, 2023 Jkt 259001 SECURITIES AND EXCHANGE COMMISSION [SEC File No. 270–40, OMB Control No. 3235–0313] Submission for OMB Review; Comment Request; Extension: Rule 203–2 & Form ADV–W 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 (‘‘Commission’’) has submitted to the Office of Management and Budget (‘‘OMB’’) a request for extension of the previously approved collection of information discussed below. The title for the collection of information is ‘‘Rule 203–2 (17 CFR 275.203–2) and Form ADV–W (17 CFR 279.2) under the Investment Advisers Act of 1940 (15 U.S.C. 80b).’’ Rule 203– 2 under the Investment Advisers Act of 1940 establishes procedures for an investment adviser to withdraw its registration or pending registration with the Commission. Rule 203–2 requires every person withdrawing from investment adviser registration with the Commission to file Form ADV–W electronically on the Investment Adviser Registration Depository (‘‘IARD’’). The purpose of the information collection is to notify the Commission and the public when an investment adviser withdraws its pending or approved SEC registration. Typically, an investment adviser files a Form ADV–W when it ceases doing business or when it is ineligible to remain registered with the Commission. The potential respondents to this information collection are all investment advisers registered with the Commission or have applications pending with the Commission. The Commission has estimated that compliance with the requirement to complete Form ADV–W imposes a total burden of approximately 0.75 hours (45 minutes) for an adviser filing for full withdrawal and approximately 0.25 hours (15 minutes) for an adviser filing for partial withdrawal. Based on historical filings, the Commission estimates that there are approximately 769 respondents annually filing for full withdrawal and approximately 647 respondents annually filing for partial withdrawal. Based on these estimates, the total estimated annual burden would be 739 hours ((769 respondents PO 00000 Frm 00068 Fmt 4703 Sfmt 4703 37913 × .75 hours) + (647 respondents × .25 hours)). Rule 203–2 and Form ADV–W do not require recordkeeping or records retention. The collection of information requirements under the rule and form are mandatory. The information collected pursuant to the rule and Form ADV–W are filings with the Commission. These filings are not 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 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 within 30 days of publication of this notice by July 10, 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: June 5, 2023. Sherry R. Haywood, Assistant Secretary. [FR Doc. 2023–12297 Filed 6–8–23; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–97648; File No. SR–ICC– 2023–002] Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Withdrawal of Proposed Rule Relating to the Clearance of Additional Credit Default Swap Contracts June 5, 2023. On February 28, 2023, ICE Clear Credit LLC (‘‘ICC’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change SR–ICC–2023–002 (‘‘Proposed Rule Change’’), pursuant to Section 19(b) of the Securities Exchange Act of 1934 (‘‘Exchange Act’’) 1 and Rule 19b– 4 2 thereunder, to clear additional credit default swap contracts. The Proposed Rule Change was published for public 1 15 2 17 E:\FR\FM\09JNN1.SGM U.S.C. 78s(b)(1). CFR 240.19b–4. 09JNN1

Agencies

[Federal Register Volume 88, Number 111 (Friday, June 9, 2023)]
[Notices]
[Page 37913]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-12297]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-40, OMB Control No. 3235-0313]


Submission for OMB Review; Comment Request; Extension: Rule 203-2 
& Form ADV-W

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 (``Commission'') has submitted to the Office of Management 
and Budget (``OMB'') a request for extension of the previously approved 
collection of information discussed below.
    The title for the collection of information is ``Rule 203-2 (17 CFR 
275.203-2) and Form ADV-W (17 CFR 279.2) under the Investment Advisers 
Act of 1940 (15 U.S.C. 80b).'' Rule 203-2 under the Investment Advisers 
Act of 1940 establishes procedures for an investment adviser to 
withdraw its registration or pending registration with the Commission. 
Rule 203-2 requires every person withdrawing from investment adviser 
registration with the Commission to file Form ADV-W electronically on 
the Investment Adviser Registration Depository (``IARD''). The purpose 
of the information collection is to notify the Commission and the 
public when an investment adviser withdraws its pending or approved SEC 
registration. Typically, an investment adviser files a Form ADV-W when 
it ceases doing business or when it is ineligible to remain registered 
with the Commission.
    The potential respondents to this information collection are all 
investment advisers registered with the Commission or have applications 
pending with the Commission. The Commission has estimated that 
compliance with the requirement to complete Form ADV-W imposes a total 
burden of approximately 0.75 hours (45 minutes) for an adviser filing 
for full withdrawal and approximately 0.25 hours (15 minutes) for an 
adviser filing for partial withdrawal. Based on historical filings, the 
Commission estimates that there are approximately 769 respondents 
annually filing for full withdrawal and approximately 647 respondents 
annually filing for partial withdrawal. Based on these estimates, the 
total estimated annual burden would be 739 hours ((769 respondents x 
.75 hours) + (647 respondents x .25 hours)).
    Rule 203-2 and Form ADV-W do not require recordkeeping or records 
retention. The collection of information requirements under the rule 
and form are mandatory. The information collected pursuant to the rule 
and Form ADV-W are filings with the Commission. These filings are not 
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 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 within 30 days of publication of this notice 
by July 10, 2023 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: June 5, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-12297 Filed 6-8-23; 8:45 am]
BILLING CODE 8011-01-P
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