60 Day Notice

28834

Federal Register / Vol. 89, No. 77 / Friday, April 19, 2024 / Notices

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–095, OMB Control No.
3235–0084]

lotter on DSK11XQN23PROD with NOTICES1

Proposed Collection; Comment
Request; Extension: Rule 17Ac2–1
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 17Ac2–1 (17 CFR
240.17Ac2–1), 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 17Ac2–1, pursuant to Section
17A(c) of the Exchange Act, generally
requires transfer agents for whom the
Commission is the transfer agent’s
Appropriate Regulatory Agency
(‘‘ARA’’), to file an application for
registration with the Commission on
Form TA–1 and to amend their
registrations under certain
circumstances.
Specifically, Rule 17Ac2–1 requires
transfer agents to file a Form TA–1
application for registration with the
Commission where the Commission is
their ARA. Such transfer agents must
also amend their Form TA–1 if the
existing information on their Form TA–
1 becomes inaccurate, misleading, or
incomplete within 60 days following the
date the information became inaccurate,
misleading, or incomplete. Registration
filings on Form TA–1 and amendments
thereto must be filed with the
Commission electronically, absent an
exemption, on EDGAR pursuant to
Regulation S–T (17 CFR 232).
The Commission annually receives
approximately 209 filings on Form TA–
1 from transfer agents required to
register as such with the Commission.
Included in this figure are
approximately 196 amendments made
annually by transfer agents to their
Form TA–1 as required by Rule 17Ac2–
1(c) to address information that has
become inaccurate, misleading, or
incomplete and approximately 13 new
applications by transfer agents for
registration on Form TA–1 as required
by Rule 17Ac2–1(a). Based on past
submissions, the staff estimates that on
average approximately twelve hours are

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required for initial completion of Form
TA–1 and that on average one and onehalf hours are required for an
amendment to Form TA–1 by each such
firm. Thus, the subtotal burden for new
applications for registration filed on
Form TA–1 each year is approximately
156 hours (12 hours times 13 filers =
156) and the subtotal burden for
amendments to Form TA–1 filed each
year is approximately 294 hours (1.5
hours × 196 filers = 294). The
cumulative total is approximately 450
burden hours per year (156 hours plus
294 hours).
Of the approximately 450 hours per
year associated with Rule 17Ac2–1, the
Commission staff estimates that (i) sixty
percent (270 hours) are spent by
compliance staff at an estimated hourly
wage of $344, for a total of $92,880 per
year (270 hours × $344 per hour =
$92,880 per year; (ii) forty percent (180
hours) are spent by attorneys at an
estimated hourly wage of $462, for a
total of $83,160 per year (180 hours ×
$462 per hour = $83,160 per year); and
(iii) the total internal cost of compliance
associated with the Rule is thus
approximately $176,040 per year
($92,880 in compliance staff costs +
$83,160 in attorney costs = $176,040 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
June 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: David Bottom, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o John
Pezzullo, 100 F Street NE, Washington,
DC 20549, or send an email to: PRA_
Mailbox@sec.gov.

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Dated: April 16, 2024.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024–08413 Filed 4–18–24; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–99960; File No. SR–
CboeEDGX–2024–019]

Self-Regulatory Organizations; Cboe
EDGX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change To Amend Its
Fee Schedule
April 15, 2024.

Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2
notice is hereby given that on April 1,
2024, Cboe EDGX Exchange, Inc.
(‘‘Exchange’’ or ‘‘EDGX’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I and II
below, which Items have been prepared
by the self-regulatory organization. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
Cboe EDGX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘EDGX’’) proposes to
amend its Fee Schedule. The text of the
proposed rule change is provided in
Exhibit 5.
The text of the proposed rule change
is also available on the Exchange’s
website (http://markets.cboe.com/us/
options/regulation/rule_filings/edgx/),
at the Exchange’s Office of the
Secretary, and at the Commission’s
Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange included statements
concerning the purpose of, and basis for,
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant aspects of such
statements.
1 15
2 17

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U.S.C. 78s(b)(1).
CFR 240.19b–4.

19APN1