Proposed Collection; Comment Request; Extension: Rule 18a-10, 83059 [2024-23766]

Download as PDF Federal Register / Vol. 89, No. 199 / Tuesday, October 15, 2024 / Notices any facts bearing upon the desirability of a hearing on the matter, the reason for the request, and the issues contested. Persons who wish to be notified of a hearing may request notification by emailing the Commission’s Secretary. ADDRESSES: The Commission: Secretarys-Office@sec.gov. Applicants: Arash Ghodoosi, Institutional Investment Strategy Fund, arash@ buenacapital.com, with a copy to JoAnn M. Strasser, Esq., Thompson Hine LLP, JoAnn.Strasser@ThompsonHine.com, and Philip B. Sineneng, Esq., Thompson Hine LLP, Philip.Sineneng@ ThompsonHine.com. FOR FURTHER INFORMATION CONTACT: Steven I. Amchan, Senior Counsel, or Lisa Reid Ragen, Branch Chief, at (202) 551–6825 (Division of Investment Management, Chief Counsel’s Office). SUPPLEMENTARY INFORMATION: For Applicants’ representations, legal analysis, and conditions, please refer to Applicants’ amended application, dated August 28, 2024, which may be obtained via the Commission’s website by searching for the file number at the top of this document, or for an Applicant using the Company name search field on the SEC’s EDGAR system. The SEC’s EDGAR system may be searched at https://www.sec.gov/ edgar/searchedgar/legacy/ companysearch.html. You may also call the SEC’s Public Reference Room at (202) 551–8090. For the Commission, by the Division of Investment Management, under delegated authority. Sherry R. Haywood, Assistant Secretary. [FR Doc. 2024–23680 Filed 10–11–24; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [OMB Control No. 3235–0785] khammond on DSKJM1Z7X2PROD with NOTICES Proposed Collection; Comment Request; Extension: Rule 18a–10 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 Rule 18a–10 (17 CFR 240.18a–10), under the Securities Exchange Act of 1934 (15 U.S.C. 78a et VerDate Sep<11>2014 16:35 Oct 11, 2024 Jkt 265001 seq.). The Commission plans to submit this existing collection of information to the Office of Management and Budget (‘‘OMB’’) for extension and approval. Exchange Act Rule 18a–10 provides an alternative compliance mechanism pursuant to which stand-alone securitybased swap dealers (‘‘SBSDs’’) registered as a swap dealer that predominantly engages in a swaps business, and that meet certain conditions set forth in the rule, may elect to comply with the capital, margin, segregation, recordkeeping, and reporting requirements of the Commodity Exchange Act (‘‘CEA’’) and the U.S. Commodity Futures Trading Commission’s (‘‘CFTC’’) rules in lieu of complying with SEC Rules 18a–1, and 18a–3 through 18a–9. Rule 18a–10 requires the firm to provide a written disclosure to its counterparties after it begins operating pursuant to the rule. Furthermore, Rule 18a–10 requires the firm to immediately notify the Commission and the CFTC in writing if it fails to meet a condition in the rule. There are currently two stand-alone SBSDs operating pursuant to the alternative compliance mechanism. The Commission estimates that these two stand-alone SBSDs will each spend 5 hours per year updating the disclosure language required under paragraph (b)(2) of Rule 18a–10, and that one of these stand-alone SBSDs will file the notice with the Commission required under paragraph (b)(3) of Rule 18a–10, which will impose an estimated burden of 5 minutes per year. Consequnenty, the Commission estimates that the total hour burden under Rule 18a–10 is approximately 11 hours per year. 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 December 16, 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 PO 00000 Frm 00091 Fmt 4703 Sfmt 4703 83059 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: October 9, 2024. Sherry R. Haywood, Assistant Secretary. [FR Doc. 2024–23766 Filed 10–11–24; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meetings Notice is hereby given, pursuant to the provisions of the Government in the Sunshine Act, Public Law 94–409, that the Securities and Exchange Commission Small Business Capital Formation Advisory Committee will hold a public meeting on Wednesday, November 13, 2024, via videoconference. PLACE: The meeting will be conducted by remote means (videoconference) and/ or at the Commission’s headquarters, 100 F Street NE, Washington, DC 20549. Members of the public may watch the webcast of the meeting on the Commission’s website at www.sec.gov. STATUS: The meeting will begin at 9:00 a.m. (ET) and will be open to the public via webcast on the Commission’s website at www.sec.gov. This Sunshine Act notice is being issued because a majority of the Commission may attend the meeting. MATTER TO BE CONSIDERED: The agenda for the meeting includes matters relating to rules and regulations affecting small and emerging businesses and their investors under the federal securities laws. CONTACT PERSON FOR MORE INFORMATION: For further information, please contact Vanessa A. Countryman from the Office of the Secretary at (202) 551–5400. Authority: 5 U.S.C. 552b. TIME AND DATE: Dated: October 9, 2024. Vanessa A. Countryman, Secretary. [FR Doc. 2024–23808 Filed 10–10–24; 11:15 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [SEC File No. 270–441, OMB Control No. 3235–0497] Proposed Collection; Comment Request; Extension: Rule 15c3–4 Upon Written Request, Copies Available From: Securities and Exchange E:\FR\FM\15OCN1.SGM 15OCN1

Agencies

[Federal Register Volume 89, Number 199 (Tuesday, October 15, 2024)]
[Notices]
[Page 83059]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-23766]


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SECURITIES AND EXCHANGE COMMISSION

[OMB Control No. 3235-0785]


Proposed Collection; Comment Request; Extension: Rule 18a-10

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 Rule 18a-10 (17 CFR 240.18a-
10), under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.). 
The Commission plans to submit this existing collection of information 
to the Office of Management and Budget (``OMB'') for extension and 
approval.
    Exchange Act Rule 18a-10 provides an alternative compliance 
mechanism pursuant to which stand-alone security-based swap dealers 
(``SBSDs'') registered as a swap dealer that predominantly engages in a 
swaps business, and that meet certain conditions set forth in the rule, 
may elect to comply with the capital, margin, segregation, 
recordkeeping, and reporting requirements of the Commodity Exchange Act 
(``CEA'') and the U.S. Commodity Futures Trading Commission's 
(``CFTC'') rules in lieu of complying with SEC Rules 18a-1, and 18a-3 
through 18a-9. Rule 18a-10 requires the firm to provide a written 
disclosure to its counterparties after it begins operating pursuant to 
the rule. Furthermore, Rule 18a-10 requires the firm to immediately 
notify the Commission and the CFTC in writing if it fails to meet a 
condition in the rule.
    There are currently two stand-alone SBSDs operating pursuant to the 
alternative compliance mechanism. The Commission estimates that these 
two stand-alone SBSDs will each spend 5 hours per year updating the 
disclosure language required under paragraph (b)(2) of Rule 18a-10, and 
that one of these stand-alone SBSDs will file the notice with the 
Commission required under paragraph (b)(3) of Rule 18a-10, which will 
impose an estimated burden of 5 minutes per year. Consequnenty, the 
Commission estimates that the total hour burden under Rule 18a-10 is 
approximately 11 hours per year.
    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 
December 16, 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: October 9, 2024.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-23766 Filed 10-11-24; 8:45 am]
BILLING CODE 8011-01-P
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