Proposed Collection; Comment Request; Extension: Rules 13n-1-13n-12; Form SDR, 56456 [2024-15026]

Download as PDF 56456 Federal Register / Vol. 89, No. 131 / Tuesday, July 9, 2024 / Notices Proposed Rule Change (SR–OCC–2024– 006) be, and hereby is, approved.53 For the Commission by the Division of Trading and Markets, pursuant to delegated authority.54 Sherry R. Haywood, Assistant Secretary. [FR Doc. 2024–14971 Filed 7–8–24; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [SEC File No. 270–629, OMB Control No. 3235–0719] lotter on DSK11XQN23PROD with NOTICES1 Proposed Collection; Comment Request; Extension: Rules 13n–1–13n– 12; Form SDR 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’’) is soliciting comments on the existing collection of information provided for in Rules 13n–1 through 13n–12 (17 CFR 240.13n–1 through 240.13n–12) and Form SDR (‘‘Rules’’), under the Securities Exchange Act of 1934 (15 U.S.C. 78m(n)(3) et seq.). The Commission plans to submit this existing collection of information to the Office of Management and Budget (‘‘OMB’’) for extension and approval. Under the Rules, security-based swap data repositories (‘‘SDRs’’) are required to register with the Commission by filing a completed Form SDR (the filing of a completed Form SDR also constitutes an application for registration as a securities information processor (‘‘SIP’’)). SDRs are also required to abide by certain minimum standards set out in the Rules, including a requirement to update Form SDR, abide by certain duties and core principles, maintain data in accordance with the rules, keep systems in accordance with the Rules, keep records, provide reports to the Commission, maintain the privacy of security-based swaps (‘‘SBSs’’) data, make certain disclosures, and designate a Chief Compliance Officer. In addition, there are a number of collections of information contained in the Rules. The information collected pursuant to the 53 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). 54 17 CFR 200.30–3(a)(12). VerDate Sep<11>2014 18:00 Jul 08, 2024 Jkt 262001 Rules is necessary to carry out the mandates of the Dodd-Frank Act and help ensure an orderly and transparent market for SBSs. Assuming a maximum of three SDRs, the Commission estimates that the total burden for the Rules and Form SDR for all respondents is 127,505 hours annually and approximately 382,511 burden hours for all respondents over three years. In addition, the Commission estimates that the total cost of the Rules and Form SDR for all respondents is approximately $29,905,416 annually and approximately $89,716,248 for all respondents over three years. Written comments are invited on: (a) whether the proposed collection of information is necessary for the proper performance of the functions of the Commission, including whether the information shall have practical utility; (b) the accuracy of the Commission’s estimates of the burden of the proposed 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 by September 9, 2024. 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. Please direct your written comments to: Austin Gerig, Director/Chief Data Officer, Securities and Exchange Commission, c/o Oluwaseun Ajayi, 100 F Street NE, Washington, DC 20549, or send an email to: PRA_Mailbox@ sec.gov. Dated: July 3, 2024. Sherry R. Haywood, Assistant Secretary. [FR Doc. 2024–15026 Filed 7–8–24; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–100459; File No. SR–NYSE– 2023–36] Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Withdrawal of Proposed Rule Change Regarding Enhancements to Its DMM Program July 3, 2024. On October 23, 2023, New York Stock Exchange LLC (‘‘NYSE’’ or ‘‘Exchange’’) PO 00000 Frm 00181 Fmt 4703 Sfmt 9990 filed with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a proposed rule change to amend its Designated Market Maker (‘‘DMM’’) program. The proposed rule change was published for comment in the Federal Register on November 13, 2023.3 On December 13, 2023, pursuant to Section 19(b)(2) of the Act,4 the Commission designated a longer period within which to approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether to disapprove the proposed rule change.5 On February 9, 2024, the Commission instituted proceedings pursuant to Section 19(b)(2)(B) of the Act 6 to determine whether to approve or disapprove the proposed rule change.7 On May 8, 2024, pursuant to Section 19(b)(2) of the Act,8 the Commission designated a longer period within which to approve or disapprove the proposed rule change.9 On June 28, 2024, NYSE withdrew the proposed rule change (SR–NYSE–2023– 36). For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.10 Sherry R. Haywood, Assistant Secretary. [FR Doc. 2024–15036 Filed 7–8–24; 8:45 am] BILLING CODE 8011–01–P 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 See Securities Exchange Act Release No. 98869 (Nov. 6, 2023), 88 FR 77625 (Nov. 13, 2023) (SR– NYSE–2023–36). Comments received on the proposed rule change are available at: https:// www.sec.gov/comments/sr-nyse-2023-36/ srnyse202336.htm. 4 15 U.S.C. 78s(b)(2). 5 See Securities Exchange Act Release No. 99161 (Dec. 13, 2023), 88 FR 87829 (Dec. 19, 2023). The Commission designated February 11, 2024, as the date by which the Commission shall approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change. 6 15 U.S.C. 78s(b)(2)(B). 7 See Securities Exchange Act Release No. 99511 (Feb. 9, 2024), 89 FR 11893 (Feb. 15, 2024). 8 15 U.S.C. 78s(b)(2). 9 See Securities Exchange Act Release No. 100080 (May 8, 2024), 89 FR 42007 (May 14, 2024). The Commission designated July 10, 2024, as the date by which the Commission shall approve or disapprove the proposed rule change. 10 17 CFR 200.30–3(a)(12). 2 17 E:\FR\FM\09JYN1.SGM 09JYN1

Agencies

[Federal Register Volume 89, Number 131 (Tuesday, July 9, 2024)]
[Notices]
[Page 56456]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-15026]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-629, OMB Control No. 3235-0719]


Proposed Collection; Comment Request; Extension: Rules 13n-1-13n-
12; Form SDR

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'') is soliciting comments on the existing 
collection of information provided for in Rules 13n-1 through 13n-12 
(17 CFR 240.13n-1 through 240.13n-12) and Form SDR (``Rules''), under 
the Securities Exchange Act of 1934 (15 U.S.C. 78m(n)(3) et seq.). The 
Commission plans to submit this existing collection of information to 
the Office of Management and Budget (``OMB'') for extension and 
approval.
    Under the Rules, security-based swap data repositories (``SDRs'') 
are required to register with the Commission by filing a completed Form 
SDR (the filing of a completed Form SDR also constitutes an application 
for registration as a securities information processor (``SIP'')). SDRs 
are also required to abide by certain minimum standards set out in the 
Rules, including a requirement to update Form SDR, abide by certain 
duties and core principles, maintain data in accordance with the rules, 
keep systems in accordance with the Rules, keep records, provide 
reports to the Commission, maintain the privacy of security-based swaps 
(``SBSs'') data, make certain disclosures, and designate a Chief 
Compliance Officer. In addition, there are a number of collections of 
information contained in the Rules. The information collected pursuant 
to the Rules is necessary to carry out the mandates of the Dodd-Frank 
Act and help ensure an orderly and transparent market for SBSs.
    Assuming a maximum of three SDRs, the Commission estimates that the 
total burden for the Rules and Form SDR for all respondents is 127,505 
hours annually and approximately 382,511 burden hours for all 
respondents over three years. In addition, the Commission estimates 
that the total cost of the Rules and Form SDR for all respondents is 
approximately $29,905,416 annually and approximately $89,716,248 for 
all respondents over three years.
    Written comments are invited on: (a) whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the Commission, including whether the information 
shall have practical utility; (b) the accuracy of the Commission's 
estimates of the burden of the proposed 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 by 
September 9, 2024.
    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.
    Please direct your written comments to: Austin Gerig, Director/
Chief Data Officer, Securities and Exchange Commission, c/o Oluwaseun 
Ajayi, 100 F Street NE, Washington, DC 20549, or send an email to: 
[email protected].

    Dated: July 3, 2024.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-15026 Filed 7-8-24; 8:45 am]
BILLING CODE 8011-01-P
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