Proposed Collection; Comment Request; Extension: Credit Risk Retention-Regulation RR, 27472 [2024-08097]

Download as PDF 27472 Federal Register / Vol. 89, No. 75 / Wednesday, April 17, 2024 / Notices has represented that it has an adequate surveillance program in place to detect manipulative trading in Tuesday IWM Expirations and Thursday IWM Expirations.17 The Exchange further states that it has the necessary systems capacity to support the new options series.18 The Exchange also states that it has not experienced any market disruptions nor issues with capacity with trading Short Term Option Series that expire on Tuesdays and Thursdays for SPY and QQQ.19 Accordingly, the Commission finds that the proposed rule change is consistent with Section 6(b)(5) of the Act 20 and the rules and regulations thereunder applicable to a national securities exchange. IV. Conclusion It is therefore ordered, pursuant to Section 19(b)(2) of the Act,21 that the proposed rule change (SR–ISE–2024–06) be, and hereby is, approved. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.22 Vanessa A. Countryman, Secretary. [FR Doc. 2024–08092 Filed 4–16–24; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [SEC File No. 270–613, OMB Control No. 3235–0712] lotter on DSK11XQN23PROD with NOTICES1 Proposed Collection; Comment Request; Extension: Credit Risk Retention—Regulation RR 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’’) is soliciting comments on the collection of information summarized below. The Commission plans to submit this existing collection of information to the Office of Management and Budget for extension and approval. Credit Risk Retention (‘‘Regulation RR’’) (17 CFR 246.1 through 246.22) recordkeeping and disclosure 17 See Notice, supra note 3 at 15239. id. 19 See Notice, supra note 3 at 15237. 20 15 U.S.C. 78f(b)(5). 21 15 U.S.C. 78s(b)(2). 22 17 CFR 200.30–3(a)(12). 18 See VerDate Sep<11>2014 17:10 Apr 16, 2024 Jkt 262001 requirements implement Section 15G of the Securities Exchange Act of 1934 (15 U.S.C. 78o–11) Section 15G clarifies the scope and application of Section 306(a) of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7244(a)). Section 306(a) of the Sarbanes-Oxley Act requires, among other things, an issuer to provide timely notice to its directors and executive officers and to the Commission of the imposition of a blackout period that would trigger a trading prohibition under Section 306(a)(1) of the SarbanesOxley Act. Section 306(a)(1) prohibits any director or executive officer of an issuer of any equity security, from directly or indirectly, purchasing, selling, or otherwise acquiring or transferring any equity security of that issuer during the blackout period with respect to such equity security if the director or executive officer acquired the equity security in connection with his or her service or employment. Approximately 1,647 issuers file using Regulation RR responses and it takes approximately 14.389 hours per response. We estimate that 75% of the 14.389 hours per response (10.792 per response hours) is prepared by the registrant for a total annual reporting burden of 17,774 hours (10.792 hours per response × 1,647 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 June 17, 2024. 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. PO 00000 Frm 00067 Fmt 4703 Sfmt 4703 Dated: April 11, 2024. Vanessa A. Countryman, Secretary. [FR Doc. 2024–08097 Filed 4–16–24; 8:45 am] BILLING CODE 8011–01–P SOCIAL SECURITY ADMINISTRATION [Docket No. SSA 2024–0008] Notice of Subscription Tier Structure Change for Our Electronic Consent Based Social Security Number Verification Service Social Security Administration. Notice of subscription tier structure change. AGENCY: ACTION: The Social Security Administration (SSA) is announcing a revision in the upper transactions limit to the upper subscription tier for the electronic Consent Based Social Security Number (SSN) Verification (eCBSV) service. In accordance with statutory requirements, a permitted entity (PE) is required to provide payment to reimburse SSA for the development and support of the eCBSV system. DATES: Applicability date for subscription tier structure change: The revised subscription tier structure will go into effect for subscription payments made on or after April 22, 2024. SUPPLEMENTARY INFORMATION: Section 215 of the Economic Growth, Regulatory Relief, and Consumer Protection Act 1 (the Banking Bill) directed SSA to modify or develop a database for accepting and comparing fraud protection data 2 provided electronically by a PE.3 In response to this statutory directive, SSA created eCBSV, a feebased SSN verification service. eCBSV allows PEs to submit, based on the number holder’s consent,4 the SSN, SUMMARY: 1 Public Law 115–174, codified at 42 U.S.C. 405b. Banking Bill defines ‘‘Fraud Protection Data’’ to mean a combination of an individual’s name (including the first name and any family forename or surname), SSN, and date of birth (including month, day, and year). Public Law 115– 174, title II, 215(b)(3), codified at 42 U.S.C. 405b(b)(3). 3 The Banking Bill defines a ‘‘permitted entity’’ to mean a financial institution or service provider, subsidiary, affiliate, agent, subcontractor, or assignee of a financial institution. Public Law 115– 174, title II, 215(b)(4), codified at 42 U.S.C. 405b(b)(4). They must possess an Employer Identification Number and a Dun and Bradstreet number. 4 Under the eCBSV User Agreement, valid Written Consent must meet the requirements of applicable Federal law, SSA’s regulations, and section IV of the eCBSV User Agreement. Valid Written consent must include a wet or electronic signature. Section IV A.1. eCBSV User Agreement. Electronic signatures must meet the definition in section 106 2 The E:\FR\FM\17APN1.SGM 17APN1

Agencies

[Federal Register Volume 89, Number 75 (Wednesday, April 17, 2024)]
[Notices]
[Page 27472]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-08097]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-613, OMB Control No. 3235-0712]


Proposed Collection; Comment Request; Extension: Credit Risk 
Retention--Regulation RR

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'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget for extension and approval.
    Credit Risk Retention (``Regulation RR'') (17 CFR 246.1 through 
246.22) recordkeeping and disclosure requirements implement Section 15G 
of the Securities Exchange Act of 1934 (15 U.S.C. 78o-11) Section 15G 
clarifies the scope and application of Section 306(a) of the Sarbanes-
Oxley Act of 2002 (15 U.S.C. 7244(a)). Section 306(a) of the Sarbanes-
Oxley Act requires, among other things, an issuer to provide timely 
notice to its directors and executive officers and to the Commission of 
the imposition of a blackout period that would trigger a trading 
prohibition under Section 306(a)(1) of the Sarbanes-Oxley Act. Section 
306(a)(1) prohibits any director or executive officer of an issuer of 
any equity security, from directly or indirectly, purchasing, selling, 
or otherwise acquiring or transferring any equity security of that 
issuer during the blackout period with respect to such equity security 
if the director or executive officer acquired the equity security in 
connection with his or her service or employment. Approximately 1,647 
issuers file using Regulation RR responses and it takes approximately 
14.389 hours per response. We estimate that 75% of the 14.389 hours per 
response (10.792 per response hours) is prepared by the registrant for 
a total annual reporting burden of 17,774 hours (10.792 hours per 
response x 1,647 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 June 17, 2024.
    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: 
[email protected].

    Dated: April 11, 2024.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-08097 Filed 4-16-24; 8:45 am]
BILLING CODE 8011-01-P
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