60 Day Notice

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Federal Register / Vol. 85, No. 232 / Wednesday, December 2, 2020 / Notices

SECURITIES AND EXCHANGE
COMMISSION
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
Extension:
Rule 17f–2 (d), [SEC File No. 270–036,
OMB Control No. 3235–0028]

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 17f–2(d) (17 CFR
240.17f–2(d)), 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 17f–2(d) requires that records
created pursuant to the fingerprinting
requirements of Section 17(f)(2) of the
Act be maintained and preserved by
every member of a national securities
exchange, broker, dealer, registered
transfer agent and registered clearing
agency (‘‘covered entities’’ or
‘‘respondents’’); permits, under certain
circumstances, the records required to
be maintained and preserved by a
member of a national securities
exchange, broker, or dealer to be
maintained and preserved by a self–
regulatory organization that is also the
designated examining authority for that
member, broker or dealer; and permits
the required records to be preserved on
microfilm. The general purpose for Rule
17f–2 is to: (i) Identify security risk
personnel; (ii) provide criminal record
information so that employers can make
fully informed employment decisions;
and (iii) deter persons with criminal
records from seeking employment or
association with covered entities. The
rule enables the Commission or other
examining authority to ascertain
whether all required persons are being
fingerprinted and whether proper
procedures regarding fingerprinting are
being followed. Retention of these
records for a period of not less than
three years after termination of a
covered person’s employment or
relationship with a covered entity
ensures that law enforcement officials
will have easy access to fingerprint
cards on a timely basis. This in turn acts
as an effective deterrent to employee
misconduct.

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Approximately 3,900 respondents are
subject to the recordkeeping
requirements of the rule. Each
respondent maintains approximately 68
new records per year, each of which
takes approximately 2 minutes per
record to maintain, for an annual
burden of approximately 2.2666667
hours (68 records times 2 minutes). The
total annual time burden for all
respondents is approximately 8,840
hours (3,900 respondents times
2.2666667 hours). As noted above, all
records maintained subject to the rule
must be retained for a period of not less
than three years after termination of a
covered person’s employment or
relationship with a covered entity. In
addition, we estimate the total annual
cost burden to respondents is
approximately $39,000 in third party
storage costs.
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 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 Cynthia
Roscoe, 100 F Street NE, Washington,
DC 20549, or send an email to: PRA_
Mailbox@sec.gov.
Dated: November 27, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–26588 Filed 12–1–20; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange

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Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736
Extension:
Rule 17f–2(c), [SEC File No. 270–035, OMB
Control No. 3235–0029]

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 17f–2(c) (17 CFR
240.17f–2(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 17f–2(c) allows persons required
to be fingerprinted pursuant to Section
17(f)(2) of the Act to submit their
fingerprints to the Attorney General of
the United States or its designee (i.e.,
the Federal Bureau of Investigation
(‘‘FBI’’)) through a registered national
securities exchange or a registered
national securities association
(collectively, also known as ‘‘self–
regulatory organizations’’ or ‘‘SROs’’)
pursuant to a fingerprint plan filed with,
and declared effective by, the
Commission. Fingerprint plans have
been declared effective for the
American, Boston, Chicago, New York,
and Philadelphia stock exchanges and
for the Financial Industry Regulatory
Authority (‘‘FINRA’’) and the Chicago
Board Options Exchange. Currently,
FINRA accounts for the bulk of the
fingerprint submissions.
It is estimated that 3,900 respondents
submit approximately 281,804 sets of
fingerprints (consisting of
approximately 253,721 electronic sets
and 28,083 hard copy sets) to SROs on
an annual basis. The Commission
estimates that it would take
approximately 15 minutes to create and
submit each fingerprint card. The total
time burden is therefore estimated to be
approximately 70,451 hours, or
approximately 18 hours per respondent,
annually.
In addition, the SROs charge an
estimated $26 fee for processing
fingerprint cards submitted
electronically, resulting in a total annual
cost to all 3,900 respondents of
approximately $6,596,746 or
approximately $1,691 per respondent
per year. The SROs charge an estimated
$41 fee for processing fingerprint cards
submitted in hard copy, resulting in a
total annual cost to all 3,900
respondents of approximately
$1,151,403, or approximately $295 per
respondent per year. The combined

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Federal Register / Vol. 85, No. 232 / Wednesday, December 2, 2020 / Notices
annual cost to all respondents is thus
approximately $7,748,149.
Because the FBI will not accept
fingerprint cards directly from
submitting organizations, Commission
approval of fingerprint plans from
certain SROs is essential to carry out the
Congressional goal to fingerprint
securities industry personnel. Filing
these plans for review assures users and
their personnel that fingerprint cards
will be handled responsibly and with
due care for confidentiality.
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 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 Cynthia
Roscoe, 100 F Street NE, Washington,
DC 20549, or send an email to: PRA_
Mailbox@sec.gov.
Dated: November 27, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–26589 Filed 12–1–20; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Investment Company Act Release No.
34123]

Notice of Applications for
Deregistration Under Section 8(f) of the
Investment Company Act of 1940
November 27, 2020.

The following is a notice of
applications for deregistration under
section 8(f) of the Investment Company
Act of 1940 for the month of November
2020. A copy of each application may be
obtained via the Commission’s website

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by searching for the file number, or for
an applicant using the Company name
box, at http://www.sec.gov/search/
search.htm or by calling (202) 551–8090.
An order granting each application will
be issued unless the SEC orders a
hearing. Interested persons may request
a hearing on any application by
emailing the SEC’s Secretary at
Secretarys-Office@sec.gov and serving
the relevant applicant with a copy of the
request by email, if an email address is
listed for the relevant applicant below,
or personally or by mail, if a physical
address is listed for the relevant
applicant below. Hearing requests
should be received by the SEC by 5:30
p.m. on December 22, 2020, 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 writing to the
Commission’s Secretary at SecretarysOffice@sec.gov.
ADDRESSES: The Commission:
Secretarys-Office@sec.gov.
FOR FURTHER INFORMATION CONTACT:
Shawn Davis, Assistant Director, at
(202) 551–6413 or Chief Counsel’s
Office at (202) 551–6821; SEC, Division
of Investment Management, Chief
Counsel’s Office, 100 F Street NE,
Washington, DC 20549–8010.
AIP Macro Registered Fund P [File No.
811–22683]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On May 17, 2019,
August 28, 2019, December 20, 2019,
April 2, 2020, and July1, 2020, applicant
made liquidating distributions to its
shareholders based on net asset value.
Expenses of $44,500 incurred in
connection with the liquidation were
paid by the applicant. Applicant also
has retained approximately $26,000 for
the purpose of paying outstanding
liabilities.
Filing Date: The application was filed
on August 14, 2020.
Applicant’s Address:
Jonathan.gaines@dechert.com.
Asia Pacific Fund, Inc. [File No. 811–
04710]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On January 31,

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77477

2019, applicant made liquidating
distributions to its shareholders based
on net asset value. Expenses of $296,572
incurred in connection with the
liquidation were paid by the applicant.
Applicant also has retained
approximately $10,792 for the purpose
of paying final accrued liabilities.
Filing Dates: The application was
filed on December 20, 2019 and
amended on November 13, 2020.
Applicant’s Address: JKopcsik@
stradley.com.
Bread & Butter Fund Inc. [File No. 811–
21748]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On July 31, 2020,
applicant made liquidating distributions
to its shareholders based on net asset
value. Expenses of $1,852 incurred in
connection with the liquidation were
paid by the applicant’s investment
adviser.
Filing Dates: The application was
filed on August 28, 2020, and amended
on October 23, 2020.
Applicant’s Address: jpotkul@
potkulcapital.com.
CC Real Estate Income Master Fund
[File No. 811–23134]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On August 3,
2020, applicant made liquidating
distributions to its shareholders based
on net asset value. Expenses of $27,816
incurred in connection with the
liquidation were paid by the applicant.
Applicant also has retained $125,386 for
the purpose of paying outstanding
obligations.
Filing Date: The application was filed
on August 18, 2020.
Applicant’s Address: Clifford.cone@
cliffordchance.com.
Eagle Growth and Income
Opportunities Fund [File No. 811–
22839]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On August 3,
2020; August 24, 2020; and November
20, 2020, applicant made liquidating
distributions to its shareholders based
on net asset value. Expenses of
$1,791,596 incurred in connection with
the liquidation were paid by the
applicant. Applicant also has retained
$1,658,038 for the purpose of paying
outstanding obligations. Applicant has
agreed to the following condition to
deregistration under the Act:

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