60 Day Notice

89 FR 56456 (OMB 3235-0719).pdf

Rules 13n-1 to 13n-11 and Form SDR

60 Day Notice

OMB: 3235-0719

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56456

Federal Register / Vol. 89, No. 131 / Tuesday, July 9, 2024 / Notices

Proposed Rule Change (SR–OCC–2024–
006) be, and hereby is, approved.53
For the Commission by the Division of
Trading and Markets, pursuant to delegated
authority.54
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024–14971 Filed 7–8–24; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–629, OMB Control No.
3235–0719]

lotter on DSK11XQN23PROD with NOTICES1

Proposed Collection; Comment
Request; Extension: Rules 13n–1–13n–
12; Form SDR
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 Rules 13n–1 through
13n–12 (17 CFR 240.13n–1 through
240.13n–12) and Form SDR (‘‘Rules’’),
under the Securities Exchange Act of
1934 (15 U.S.C. 78m(n)(3) et seq.). The
Commission plans to submit this
existing collection of information to the
Office of Management and Budget
(‘‘OMB’’) for extension and approval.
Under the Rules, security-based swap
data repositories (‘‘SDRs’’) are required
to register with the Commission by
filing a completed Form SDR (the filing
of a completed Form SDR also
constitutes an application for
registration as a securities information
processor (‘‘SIP’’)). SDRs are also
required to abide by certain minimum
standards set out in the Rules, including
a requirement to update Form SDR,
abide by certain duties and core
principles, maintain data in accordance
with the rules, keep systems in
accordance with the Rules, keep
records, provide reports to the
Commission, maintain the privacy of
security-based swaps (‘‘SBSs’’) data,
make certain disclosures, and designate
a Chief Compliance Officer. In addition,
there are a number of collections of
information contained in the Rules. The
information collected pursuant to the
53 In approving the Proposed Rule Change, the
Commission considered the proposal’s impacts on
efficiency, competition, and capital formation. 15
U.S.C. 78c(f).
54 17 CFR 200.30–3(a)(12).

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Rules is necessary to carry out the
mandates of the Dodd-Frank Act and
help ensure an orderly and transparent
market for SBSs.
Assuming a maximum of three SDRs,
the Commission estimates that the total
burden for the Rules and Form SDR for
all respondents is 127,505 hours
annually and approximately 382,511
burden hours for all respondents over
three years. In addition, the Commission
estimates that the total cost of the Rules
and Form SDR for all respondents is
approximately $29,905,416 annually
and approximately $89,716,248 for all
respondents over three years.
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
September 9, 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: PRA_Mailbox@
sec.gov.
Dated: July 3, 2024.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024–15026 Filed 7–8–24; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–100459; File No. SR–NYSE–
2023–36]

Self-Regulatory Organizations; New
York Stock Exchange LLC; Notice of
Withdrawal of Proposed Rule Change
Regarding Enhancements to Its DMM
Program
July 3, 2024.

On October 23, 2023, New York Stock
Exchange LLC (‘‘NYSE’’ or ‘‘Exchange’’)

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filed with the Securities and Exchange
Commission (‘‘Commission’’), pursuant
to Section 19(b)(1) of the Securities
Exchange Act of 1934 (‘‘Act’’) 1 and Rule
19b–4 thereunder,2 a proposed rule
change to amend its Designated Market
Maker (‘‘DMM’’) program. The proposed
rule change was published for comment
in the Federal Register on November 13,
2023.3 On December 13, 2023, pursuant
to Section 19(b)(2) of the Act,4 the
Commission designated a longer period
within which to approve the proposed
rule change, disapprove the proposed
rule change, or institute proceedings to
determine whether to disapprove the
proposed rule change.5 On February 9,
2024, the Commission instituted
proceedings pursuant to Section
19(b)(2)(B) of the Act 6 to determine
whether to approve or disapprove the
proposed rule change.7 On May 8, 2024,
pursuant to Section 19(b)(2) of the Act,8
the Commission designated a longer
period within which to approve or
disapprove the proposed rule change.9
On June 28, 2024, NYSE withdrew the
proposed rule change (SR–NYSE–2023–
36).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.10
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024–15036 Filed 7–8–24; 8:45 am]
BILLING CODE 8011–01–P

1 15

U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 98869
(Nov. 6, 2023), 88 FR 77625 (Nov. 13, 2023) (SR–
NYSE–2023–36). Comments received on the
proposed rule change are available at: https://
www.sec.gov/comments/sr-nyse-2023-36/
srnyse202336.htm.
4 15 U.S.C. 78s(b)(2).
5 See Securities Exchange Act Release No. 99161
(Dec. 13, 2023), 88 FR 87829 (Dec. 19, 2023). The
Commission designated February 11, 2024, as the
date by which the Commission shall approve or
disapprove, or institute proceedings to determine
whether to disapprove, the proposed rule change.
6 15 U.S.C. 78s(b)(2)(B).
7 See Securities Exchange Act Release No. 99511
(Feb. 9, 2024), 89 FR 11893 (Feb. 15, 2024).
8 15 U.S.C. 78s(b)(2).
9 See Securities Exchange Act Release No. 100080
(May 8, 2024), 89 FR 42007 (May 14, 2024). The
Commission designated July 10, 2024, as the date
by which the Commission shall approve or
disapprove the proposed rule change.
10 17 CFR 200.30–3(a)(12).
2 17

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