Submission for OMB Review; Comment Request; Extension: Contract Standard for Contractor Workforce Inclusion, 76897-76898 [2024-21288]

Download as PDF lotter on DSK11XQN23PROD with NOTICES1 Federal Register / Vol. 89, No. 182 / Thursday, September 19, 2024 / Notices obtaining the client’s consent appropriate disclosure must be made to the client as to the practice of, and the conflicts of interest involved in, agency cross transactions; (2) at or before the completion of any such transaction the client must be furnished with a written confirmation containing specified information and offering to furnish upon request certain additional information; and (3) at least annually, the client must be furnished with a written statement or summary as to the total number of transactions during the period covered by the consent and the total amount of commissions received by the adviser or its affiliated brokerdealer attributable to such transactions. The Commission estimates that approximately 362 respondents use the rule annually, necessitating about 65 responses per respondent each year, for a total of 23,530 responses. Each response requires an estimated 0.5 hours, for a total of 11,765 hours. The estimated average burden hours are made solely for the purposes of the Paperwork Reduction Act and are not derived from a comprehensive or representative survey or study of the cost of Commission rules and forms. This collection of information is found at (17 CFR 275.206(3)–2) and is necessary in order for the investment adviser to obtain the benefits of Rule 206(3)–2. The collection of information requirements under the rule is mandatory. Information subject to the disclosure requirements of Rule 206(3)– 2 does not require submission to the Commission; and, accordingly, the disclosure pursuant to the rule is not kept confidential. Commissionregistered investment advisers are required to maintain and preserve certain information required under Rule 206(3)–2 for five (5) years. The longterm retention of these records is necessary for the Commission’s inspection program to ascertain compliance with the Advisers Act. 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. 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 estimate of the burden of 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 VerDate Sep<11>2014 16:59 Sep 18, 2024 Jkt 262001 through the use of automated collection techniques or other forms of information technology. Consideration will be given to comments and suggestions submitted by November 18, 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: September 16, 2024. Vanessa A. Countryman, Secretary. [FR Doc. 2024–21428 Filed 9–18–24; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [SEC File No. 270–518, OMB Control No. 3235–0576] Proposed Collection; Comment Request; Extension: Regulation G 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. Regulation G (17 CFR 244.100– 244.102) under the Securities Exchange Act of 1934 (the ‘‘Exchange Act’’) (15 U.S.C. 78a et seq.) requires publicly reporting companies that disclose or releases financial information in a manner that is calculated or presented other than in accordance with generally accepted accounting principles (‘‘GAAP’’) to provide a reconciliation of the non-GAAP financial information to the most directly comparable GAAP financial measure. Regulation G implemented the requirements of Section 401 of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7261). We estimate that approximately 14,000 public companies must comply with Regulation G approximately six times a year for a total of 84,000 responses PO 00000 Frm 00112 Fmt 4703 Sfmt 4703 76897 annually. We estimated that it takes approximately 0.5 hours per response (84,000 responses × 0.5 hours per response) for a total reporting burden of 42,000 hours annually. 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 November 18, 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 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: September 16, 2024. Vanessa A. Countryman, Secretary. [FR Doc. 2024–21426 Filed 9–18–24; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [SEC File No. 270–666, OMB Control No. 3235–0725] Submission for OMB Review; Comment Request; Extension: Contract Standard for Contractor Workforce Inclusion 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 a request for extension of the previously approved collection of information discussed below. E:\FR\FM\19SEN1.SGM 19SEN1 lotter on DSK11XQN23PROD with NOTICES1 76898 Federal Register / Vol. 89, No. 182 / Thursday, September 19, 2024 / Notices Section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the Dodd-Frank Act) provided that certain agencies, including the Commission, establish an Office of Minority and Women Inclusion (OMWI).1 Section 342(c)(2) of the Dodd-Frank Act requires the OMWI Director to include in the Commission’s procedures for evaluating contract proposals and hiring service providers a written statement that the contractor shall ensure, to the maximum extent possible, the fair inclusion of women and minorities in the workforce of the contractor and, as applicable, subcontractors. To implement the acquisition-specific requirements of ection 342(c)(2) of the Dodd-Frank Act, the Commission adopted a Contract Standard for Contractor Workforce Inclusion (Contract Standard). The Contract Standard, which is included in the Commission’s solicitations and resulting contracts for services with a dollar value of $100,000 or more, contains a ‘‘collection of information’’ within the meaning of the Paperwork Reduction Act. The Contract Standard requires that a Commission contractor with 50 or more employees provide documentation, upon request from the OMWI Director, to demonstrate that it has made good faith efforts to ensure the fair inclusion of minorities and women in its workforce and, as applicable, to demonstrate its covered subcontractors have made such good faith efforts. The documentation requested may include, but is not limited to: (1) the total number of employees in the contractor’s workforce, and the number of employees by race, ethnicity, gender, and job title or EEO– 1 job category (e.g., EEO–1 Report(s)); (2) a list of covered subcontract awards under the contract that includes the dollar amount of each subcontract, date of award, and the subcontractor’s race, ethnicity, and/or gender ownership status; (3) the contractor’s plan to ensure the fair inclusion of minorities and women in its workforce, including outreach efforts; and (4) for each covered subcontractor, the information requested in items 1 and 3 above. The OMWI Director will consider the information submitted in evaluating whether the contractor or subcontractor has complied with its obligations under the Contract Standard. The information collection is mandatory. Title of Collection: Contract Standard for Contractor Workforce Inclusion. 1 12 U.S.C. 5452. VerDate Sep<11>2014 16:59 Sep 18, 2024 Type of Review: Extension of an Existing Approved Information Collection. Frequency of Response: Annually. Estimated Number of Respondents: 50. Estimated Burden Hours per Respondent: 1 hour. Estimated Total Annual Burden Hours: 50. The change in the estimated annual burden hours from 925 to 50 is due to a change in eligibility criteria for requesting documentation to only those contractors with 50 or more employees. This change in eligibility criteria eliminated any new recordkeeping burden since contractors with 50 or more employees are generally subject to the recordkeeping and reporting requirements under the regulations implementing Title VII of the Civil Rights Act 2 and Executive Order 11246. On July 15, 2024, the Commission published a notice in the Federal Register (89 FR 57451) of its intention to request an extension of this currently approved collection of information and allowed the public 60 days to submit comments. The Commission received no comments. Written comments continue to be invited on: (a) whether this 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. 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. Comments should be directed to: (i) Desk Officer for the Securities and Exchange Commission, Office of Information and Regulatory Affairs, Office of Management and Budget, Room 10102, New Executive Office Building, Washington, DC 20503, or by sending an email to Lindsay.M.Abate@omb.eop.gov; and (ii) 2 42 Jkt 262001 PO 00000 U.S.C. 2000e, et seq. Frm 00113 Fmt 4703 Sfmt 4703 Austin Gerig, Director/Chief Data Officer, Securities and Exchange Commission, c/o Oluwaseun Ajayi, 100 F Street NE, Washington, DC 20549, or by sending an email to: PRA_Mailbox@ sec.gov. Comments must be submitted within 30 days of this notice. Dated: September 13, 2024. Vanessa A. Countryman, Secretary. [FR Doc. 2024–21288 Filed 9–18–24; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [SEC File No. 270–521, OMB Control No. 3235–0579] Proposed Collection; Comment Request; Extension: Regulation BTR 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. Regulation Blackout Trade Restriction (‘‘Regulation BTR’’) (17 CFR 245.100– 245.104) clarifies the scope and application of Section 306(a) of the Sarbanes-Oxley Act of 2002 (‘‘Act’’) (15 U.S.C. 7244(a)). Section 306(a)(6) [15 U.S.C.7244(a)(6)] of the Act requires 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 the statutory trading prohibition of Section 306(a)(1) [15 U.S.C. 7244(a)(1)]. Section 306(a) of the Act prohibits any director or executive officer of an issuer of any equity security, directly or indirectly, from purchasing, selling or otherwise acquiring or transferring any equity security of that issuer during any 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 1,230 issuers file Regulation BTR notices approximately 5 times a year for a total of 6,150 responses. We estimate that it takes approximately 2 hours to prepare the blackout notice for a total annual burden of 2,460 hours. The E:\FR\FM\19SEN1.SGM 19SEN1

Agencies

[Federal Register Volume 89, Number 182 (Thursday, September 19, 2024)]
[Notices]
[Pages 76897-76898]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-21288]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-666, OMB Control No. 3235-0725]


Submission for OMB Review; Comment Request; Extension: Contract 
Standard for Contractor Workforce Inclusion

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 a request for extension of the previously approved 
collection of information discussed below.

[[Page 76898]]

    Section 342 of the Dodd-Frank Wall Street Reform and Consumer 
Protection Act of 2010 (the Dodd-Frank Act) provided that certain 
agencies, including the Commission, establish an Office of Minority and 
Women Inclusion (OMWI).\1\ Section 342(c)(2) of the Dodd-Frank Act 
requires the OMWI Director to include in the Commission's procedures 
for evaluating contract proposals and hiring service providers a 
written statement that the contractor shall ensure, to the maximum 
extent possible, the fair inclusion of women and minorities in the 
workforce of the contractor and, as applicable, subcontractors. To 
implement the acquisition-specific requirements of ection 342(c)(2) of 
the Dodd-Frank Act, the Commission adopted a Contract Standard for 
Contractor Workforce Inclusion (Contract Standard).
---------------------------------------------------------------------------

    \1\ 12 U.S.C. 5452.
---------------------------------------------------------------------------

    The Contract Standard, which is included in the Commission's 
solicitations and resulting contracts for services with a dollar value 
of $100,000 or more, contains a ``collection of information'' within 
the meaning of the Paperwork Reduction Act. The Contract Standard 
requires that a Commission contractor with 50 or more employees provide 
documentation, upon request from the OMWI Director, to demonstrate that 
it has made good faith efforts to ensure the fair inclusion of 
minorities and women in its workforce and, as applicable, to 
demonstrate its covered subcontractors have made such good faith 
efforts. The documentation requested may include, but is not limited 
to: (1) the total number of employees in the contractor's workforce, 
and the number of employees by race, ethnicity, gender, and job title 
or EEO-1 job category (e.g., EEO-1 Report(s)); (2) a list of covered 
subcontract awards under the contract that includes the dollar amount 
of each subcontract, date of award, and the subcontractor's race, 
ethnicity, and/or gender ownership status; (3) the contractor's plan to 
ensure the fair inclusion of minorities and women in its workforce, 
including outreach efforts; and (4) for each covered subcontractor, the 
information requested in items 1 and 3 above. The OMWI Director will 
consider the information submitted in evaluating whether the contractor 
or subcontractor has complied with its obligations under the Contract 
Standard.
    The information collection is mandatory.
    Title of Collection: Contract Standard for Contractor Workforce 
Inclusion.
    Type of Review: Extension of an Existing Approved Information 
Collection.
    Frequency of Response: Annually.
    Estimated Number of Respondents: 50.
    Estimated Burden Hours per Respondent: 1 hour.
    Estimated Total Annual Burden Hours: 50. The change in the 
estimated annual burden hours from 925 to 50 is due to a change in 
eligibility criteria for requesting documentation to only those 
contractors with 50 or more employees. This change in eligibility 
criteria eliminated any new recordkeeping burden since contractors with 
50 or more employees are generally subject to the recordkeeping and 
reporting requirements under the regulations implementing Title VII of 
the Civil Rights Act \2\ and Executive Order 11246.
---------------------------------------------------------------------------

    \2\ 42 U.S.C. 2000e, et seq.
---------------------------------------------------------------------------

    On July 15, 2024, the Commission published a notice in the Federal 
Register (89 FR 57451) of its intention to request an extension of this 
currently approved collection of information and allowed the public 60 
days to submit comments. The Commission received no comments.
    Written comments continue to be invited on: (a) whether this 
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.
    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. 
Comments should be directed to: (i) Desk Officer for the Securities and 
Exchange Commission, Office of Information and Regulatory Affairs, 
Office of Management and Budget, Room 10102, New Executive Office 
Building, Washington, DC 20503, or by sending an email to 
[email protected]; and (ii) Austin Gerig, Director/Chief Data 
Officer, Securities and Exchange Commission, c/o Oluwaseun Ajayi, 100 F 
Street NE, Washington, DC 20549, or by sending an email to: 
[email protected]. Comments must be submitted within 30 days of this 
notice.

    Dated: September 13, 2024.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-21288 Filed 9-18-24; 8:45 am]
BILLING CODE 8011-01-P
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