Submission for OMB Review; Comment Request, 54108 [2024-14224]

Download as PDF 54108 Federal Register / Vol. 89, No. 125 / Friday, June 28, 2024 / Notices action is: (i) necessary or appropriate in the public interest; (ii) for the protection of investors; or (iii) otherwise in furtherance of the purposes of the Act. If the Commission takes such action, the Commission shall institute proceedings to determine whether the proposed rule should be approved or disapproved. IV. Solicitation of Comments Interested persons are invited to submit written data, views and arguments concerning the foregoing, including whether the proposed rule change is consistent with the Act. Comments may be submitted by any of the following methods: khammond on DSKJM1Z7X2PROD with NOTICES Electronic Comments • Use the Commission’s internet comment form (https://www.sec.gov/ rules/sro.shtml); or • Send an email to rule-comments@ sec.gov. Please include file number SR– NASDAQ–2024–025 on the subject line. Paper Comments • Send paper comments in triplicate to Secretary, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549–1090. All submissions should refer to file number SR–NASDAQ–2024–025. This file number should be included on the subject line if email is used. To help the Commission process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission’s internet website (https://www.sec.gov/ rules/sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the proposed rule change that are filed with the Commission, and all written communications relating to the proposed rule change between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for website viewing and printing in the Commission’s Public Reference Room, 100 F Street NE, Washington, DC 20549, on official business days between the hours of 10 a.m. and 3 p.m. Copies of the filing also will be available for inspection and copying at the principal office of the Exchange. Do not include personal identifiable information in submissions; you should submit only information that you wish to make available publicly. We may redact in part or withhold entirely from publication submitted material that is obscene or subject to copyright protection. All submissions should refer to file number VerDate Sep<11>2014 19:25 Jun 27, 2024 Jkt 262001 SR–NASDAQ–2024–025 and should be submitted on or before July 19, 2024. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.17 Vanessa A. Countryman, Secretary. [FR Doc. 2024–14211 Filed 6–27–24; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [SEC File No. 270–563, OMB Control No. 3235–0694] Submission for OMB Review; Comment Request Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 20549–2736 Extension: Rule 17g–10 and Form ABS Due Diligence—15E 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 an extension for this current collection of information to the Office of Management and Budget for approval. Rule 17g–10 (17 CFR 240.17g–10) requires a provider of third-party due diligence services to provide the written certification required by Section 15E(s)(4) of the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) on Form ABS Due Diligence—15E (17 CFR 249b.500). Based on Commission staff’s experience, it is estimated that thirdparty due diligence service providers would be required to spend, on average, 0.20 hours to complete and transmit Form ABS Due Diligence—15E, for a total annual burden of 470 hours.1 The cost for a compliance manager to complete and submit Form ABS Due Diligence—15E pursuant to Rule 17g–10 is estimated at $372 per hour,2 resulting 17 17 CFR 200.30–3(a)(12). 1 This figure is calculated by multiplying the per year average number of offerings of asset-backed securities, as the term is defined in Section 3(a)(79) of the Exchange Act, which was estimated at 1,410 offerings, by the hour burden to complete and transmit Form ABS Due Diligence—15E estimated at 0.20 hours (1,410 offerings × 0.20 hours = 470 hours). 2 The $372 figure for a compliance manager is based on SIFMA’s Management & Professional Earnings in the Securities Industry 2013, modified by Commission staff to account for an 1,800-hour work-year and multiplied by 5.35 to account for PO 00000 Frm 00171 Fmt 4703 Sfmt 4703 in an industry-wide annual internal cost to third-party service providers of $175,000 per year. 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 29, 2024 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 24, 2024. Sherry R. Haywood, Assistant Secretary. [FR Doc. 2024–14224 Filed 6–27–24; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–100406; File No. SR– GEMX–2024–13] Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Options 7, Section 6 June 24, 2024. 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 June 12, 2024, Nasdaq GEMX, LLC (‘‘GEMX’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘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 its Rules at Options 7, Section 6.3 The bonuses, firm size, employee benefits and overhead, as adjusted for inflation using the Bureau of Labor Statistics’ CPI Inflation Calculator. 1 15 U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 3 The Exchange initially filed the proposed pricing changes on November 28, 2023 (SR–GEMX– E:\FR\FM\28JNN1.SGM 28JNN1

Agencies

[Federal Register Volume 89, Number 125 (Friday, June 28, 2024)]
[Notices]
[Page 54108]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-14224]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-563, OMB Control No. 3235-0694]


Submission for OMB Review; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 
20549-2736
Extension:
    Rule 17g-10 and Form ABS Due Diligence--15E
    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 an 
extension for this current collection of information to the Office of 
Management and Budget for approval.
    Rule 17g-10 (17 CFR 240.17g-10) requires a provider of third-party 
due diligence services to provide the written certification required by 
Section 15E(s)(4) of the Securities Exchange Act of 1934 (15 U.S.C. 78a 
et seq.) on Form ABS Due Diligence--15E (17 CFR 249b.500). Based on 
Commission staff's experience, it is estimated that third-party due 
diligence service providers would be required to spend, on average, 
0.20 hours to complete and transmit Form ABS Due Diligence--15E, for a 
total annual burden of 470 hours.\1\ The cost for a compliance manager 
to complete and submit Form ABS Due Diligence--15E pursuant to Rule 
17g-10 is estimated at $372 per hour,\2\ resulting in an industry-wide 
annual internal cost to third-party service providers of $175,000 per 
year.
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    \1\ This figure is calculated by multiplying the per year 
average number of offerings of asset-backed securities, as the term 
is defined in Section 3(a)(79) of the Exchange Act, which was 
estimated at 1,410 offerings, by the hour burden to complete and 
transmit Form ABS Due Diligence--15E estimated at 0.20 hours (1,410 
offerings x 0.20 hours = 470 hours).
    \2\ The $372 figure for a compliance manager is based on SIFMA's 
Management & Professional Earnings in the Securities Industry 2013, 
modified by Commission staff to account for an 1,800-hour work-year 
and multiplied by 5.35 to account for bonuses, firm size, employee 
benefits and overhead, as adjusted for inflation using the Bureau of 
Labor Statistics' CPI Inflation Calculator.
---------------------------------------------------------------------------

    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 29, 2024 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 24, 2024.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-14224 Filed 6-27-24; 8:45 am]
BILLING CODE 8011-01-P
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