60 Day Notice

3235-0199.pdf

Rule 17a-5(c); Customer Financial Statements for Brokers and Dealers.

60 Day Notice

OMB: 3235-0199

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Federal Register / Vol. 86, No. 212 / Friday, November 5, 2021 / Notices

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–199, OMB Control No.
3235–0199]

Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736

jspears on DSK121TN23PROD with NOTICES1

Extension:
Rule 17a–5(c)

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 17a–5(c) (17 CFR
240.17a–5(c)), 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.
Rule 17a–5(c) generally requires
broker-dealers who carry customer
accounts to provide statements of the
broker-dealer’s financial condition to
their customers. Paragraph (c)(5) of Rule
17a–5 provides a conditional exemption
from this requirement. A broker-dealer
that elects to take advantage of the
exemption must publish its statements
on its website in a prescribed manner,
and must maintain a toll-free number
that customers can call to request a copy
of the statements.
The purpose of the Rule is to ensure
that customers of broker-dealers are
provided with information concerning
the financial condition of the firm that
may be holding the customers’ cash and
securities. The Commission, when
adopting the Rule in 1972, stated that
the goal was to ‘‘directly’’ send a
customer essential information so that
the customer could ‘‘judge whether his
broker or dealer is financially sound.’’
The Commission adopted the Rule in
response to the failure of several brokerdealers holding customer funds and
securities in the period between 1968
and 1971.
The Commission estimates that
approximately 163 broker-dealer
respondents carrying approximately 186
million public customer accounts incur
a burden of approximately 228,024
hours per year to comply with the Rule.
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

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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 in
writing within 60 days of this
publication.
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: David Bottom, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o John R.
Pezzullo, 100 F Street NE, Washington,
DC 20549, or send an email to: PRA_
Mailbox@sec.gov.
Dated: November 1, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–24137 Filed 11–4–21; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Investment Company Act Release No.
34412; 812–15135]

Blackstone/GSO Floating Rate
Enhanced Income Fund, et al.
November 1, 2021.

Securities and Exchange
Commission (‘‘Commission’’).
ACTION: Notice.
AGENCY:

Notice of application for an order
under sections 17(d) and 57(i) of the
Investment Company Act of 1940 (the
‘‘Act’’) and rule 17d–1 under the Act to
permit certain joint transactions
otherwise prohibited by sections 17(d)
and 57(a)(4) of the Act and rule 17d–1
under the Act.
SUMMARY OF APPLICATION: Applicants
request an order to permit business
development companies (‘‘BDCs’’) and
closed-end management investment
companies to co-invest in portfolio
companies with each other and with
certain affiliated investment funds and
accounts.
APPLICANTS: Blackstone/GSO Floating
Rate Enhanced Income Fund
(‘‘BGFLX’’); Blackstone Long-Short
Credit Income Fund (‘‘BGX’’);
Blackstone Private Credit Fund

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(‘‘BCRED’’); Blackstone Senior Floating
Rate Term Fund (‘‘BSL’’); Blackstone
Strategic Credit Fund (‘‘BGB’’);
Blackstone Secured Lending Fund
(‘‘BGSL,’’ and together with BGFLX,
BGX, BSL and BGB, the ‘‘Blackstone
Credit Regulated Funds’’); Blackstone
Liquid Credit Strategies LLC (‘‘BLCS’’),
the investment adviser to BGFLX, BGX,
BSL and BGB; Blackstone Credit BDC
Advisors LLC (‘‘BCBA’’), the investment
adviser to BCRED and BGSL; the
investment advisers set forth in
Schedule A to the application (together
with BLCS and BCBA, the ‘‘Blackstone
Credit Advisers’’); and the Existing
Affiliated Funds set forth on Schedule
A to the application.1
FILING DATES: The application was filed
on June 16, 2020, and amended on
February 22, 2021 and July 16, 2021.
HEARING OR NOTIFICATION OF HEARING:
An order granting the requested relief
will be issued unless the Commission
orders a hearing. Interested persons may
request a hearing by emailing the
Commission’s Secretary SecretarysOffice@sec.gov and serving applicants
with a copy of the request by email.
Hearing requests should be received by
the Commission by 5:30 p.m. on
November 26, 2021, and should be
accompanied by proof of service on
applicants, in the form of an affidavit or,
for lawyers, a certificate of service.
Pursuant to rule 0–5 under the Act,
hearing requests should state the nature
of the writer’s interest, 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 at SecretarysOffice@sec.gov.
ADDRESSES: The Commission:
Secretarys-Office@sec.gov. Applicants:
Rajib Chanda at Rajib.Chanda@
stblaw.com and Christopher Healey at
Christopher.Healey@stblaw.com.
FOR FURTHER INFORMATION CONTACT:
Joseph Toner, Senior Counsel, at (202)
551–7595 or Marc Mehrespand, Branch
Chief, at (202) 551–6825 (Chief
Counsel’s Office, Division of Investment
Management).
SUPPLEMENTARY INFORMATION: The
following is a summary of the
application. The complete application
1 The Existing Affiliated Funds are entities (i)
whose primary investment adviser or sub-adviser is
an Adviser (as defined below)(when the sub-adviser
is an Adviser, the primary adviser is a Primary
Adviser (as defined below)) (ii) that either (A)
would be an investment company but for section
3(c)(1), 3(c)(5)(C) or 3(c)(7) of the Act or (B) relies
on the rule 3a–7 exemption thereunder from
investment company status.

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