30 Day Notice

89 FR 60953 (OMB 3235-0715).pdf

Rule 3a71-6 Substituted Compliance for Foreign Security-Based Swap Entities

30 Day Notice

OMB: 3235-0715

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Federal Register / Vol. 89, No. 145 / Monday, July 29, 2024 / Notices
favorable. In such an environment, the
Exchange must continually adjust its
fees to remain competitive with other
options exchanges. Because competitors
are free to modify their own fees in
response, and because market
participants may readily adjust their
order routing practices, the Exchange
believes that the degree to which fee
changes in this market may impose any
burden on competition is extremely
limited.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were either
solicited or received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become
effective pursuant to Section
19(b)(3)(A)(ii) of the Act.30 At any time
within 60 days of the filing of the
proposed rule change, the Commission
summarily may temporarily suspend
such rule change if it appears to the
Commission that such 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:

ddrumheller on DSK120RN23PROD with NOTICES1

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–
MRX–2024–25 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–MRX–2024–25. 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
SR–MRX–2024–25 and should be
submitted on or before August 19, 2024.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.31
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024–16547 Filed 7–26–24; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–656, OMB Control No.
3235–0715]

Submission for OMB Review;
Comment Request; Extension: Rule
3a71–6
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’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of
extension of the previously approved

60953

collection of information provided for in
Rule 3a71–6 (17 CFR 240.3a71–6),
under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.).
Rule 3a71–6 provides that non-U.S.
security-based swap dealers and major
security-based swap participants may
comply with certain Exchange Act
requirements via compliance with
requirements of a foreign financial
regulatory system that the Commission
has determined by order to be
comparable to those Exchange Act
requirements, taking into account the
scope and objectives of the relevant
foreign requirements, and the
effectiveness of supervision and
enforcement under the foreign
regulatory regime.
Requests for substituted compliance
may come from parties or groups of
parties that may rely on substituted
compliance, or from foreign financial
authorities supervising such parties or
their security-based swap activities. In
practice, the Commission continues to
expect that the greater portion of any
such substituted compliance requests
will be submitted by foreign financial
authorities. For purposes of the PRA,
the Commission continues to estimate
that three security-based swap dealers
or major security-based swap
participants will submit substituted
compliance applications.
The Commission staff estimates that
the total time burden associated with
Rule 3a71–6 is 240 hours per year and
the total cost burden associated with
Rule 3a71–6 is $350,400 per year.
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. Written comments and
recommendations for the proposed
information collection should be sent by
August 28, 2024 to (i) www.reginfo.gov/
public/do/PRAMain 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: PRA_Mailbox@sec.gov.
Dated: July 24, 2024.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024–16610 Filed 7–26–24; 8:45 am]

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U.S.C. 78s(b)(3)(A)(ii).

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