Federal Register 30-Day Notice

Federal Register / Vol. 90, No. 53 / Thursday, March 20, 2025 / Notices
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–NYSENAT–2025–05 and should be
submitted on or before April 10, 2025.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.15
Vanessa A. Countryman,
Secretary.
[FR Doc. 2025–04662 Filed 3–19–25; 8:45 am]
BILLING CODE 8011–01–P

Dated: March 17, 2025.
Sherry R. Haywood,
Assistant Secretary.

SECURITIES AND EXCHANGE
COMMISSION

ddrumheller on DSK120RN23PROD with NOTICES1

15(d) of the Securities and Exchange Act
of 1934 (the ‘‘Exchange Act’’) (15 U.S.C.
78o(d)). Section 15(d) establishes a
periodic reporting obligation for every
issuer of a class of securities registered
under the Securities Act of 1933 (the
‘‘Securities Act’’) (15 U.S.C. 77a et seq.).
Form 11–K provides employees of an
issuer with financial information so that
they can assess the performance of the
investment vehicle or stock plan. We
estimate that Form 11–K requires
approximately internal 95.81 burden
hours per response and that there is an
average of approximately 941 Form 11–
K filings annually for a total of 90,157
internal burden hours annually (95.81
hours per response × 941 responses). We
also estimate that Form 11–K requires a
cost of approximately $7,525 per
response for a total annual cost burden
of $7,081,025 ($7,525 per response ×
941 responses).
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless it displays a currently valid OMB
control number.
The public may view and comment
on this information collection request
at: https://www.reginfo.gov/public/do/
PRAViewICR?ref_nbr=202501-3235-001
or send an email comment to
MBX.OMB.OIRA.SEC_desk_officer@
omb.eop.gov within 30 days of the day
after publication of this notice by April
21, 2025.

[FR Doc. 2025–04766 Filed 3–19–25; 8:45 am]

[OMB Control No. 3235–0082]

BILLING CODE 8011–01–P

Submission for OMB Review;
Comment Request; Extension: Form
11–K

SECURITIES AND EXCHANGE
COMMISSION

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
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget this
request for extension of the previously
approved collection of information
discussed below.
Form 11–K (17 CFR 249.311) is the
annual report designed for use by
employee stock purchase, savings, and
similar plans to comply with the
reporting requirements under Section
15 17

CFR 200.30–3(a)(12).

VerDate Sep<11>2014

19:09 Mar 19, 2025

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[Release No. 34–102682; File No. SR–ISE–
2024–62]

Self-Regulatory Organizations; Nasdaq
ISE, LLC; Notice of Filing of
Amendment No. 1 and Order Instituting
Proceedings To Determine Whether To
Approve or Disapprove a Proposed
Rule Change, as Modified by
Amendment No. 1, Regarding Position
and Exercise Limits for Options on the
iShares Bitcoin Trust ETF
March 14, 2025.

I. Introduction
On December 20, 2024, Nasdaq ISE,
LLC (‘‘ISE’’ or ‘‘Exchange’’) filed with
the Securities and Exchange
Commission (‘‘Commission’’), pursuant
to Section 19(b)(1) of the Securities
Exchange Act of 1934 (‘‘Act’’ or

PO 00000

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13233

‘‘Exchange Act’’) 1 and Rule 19b–4
thereunder,2 a proposed rule change to
apply the position and exercise limits in
Options 9, Sections 13 and 15 to options
on the iShares Bitcoin Trust ETF
(‘‘IBIT’’) and to provide for the trading
of flexible exchange (‘‘FLEX’’) options
on IBIT. The proposed rule change was
published for comment in the Federal
Register on January 6, 2025.3
On February 20, 2025, pursuant to
Section 19(b)(2) of the Exchange 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
The Commission has received
comments on the proposed rule
change.6 On March 6, 2025, the
Exchange submitted Amendment No. 1
to the proposed rule change
(‘‘Amendment No. 1’’), which
supersedes the original filing in its
entirety.7 The Commission is publishing
this notice to solicit comments on the
proposed rule change, as modified by
Amendment No. 1, and is instituting
proceedings pursuant to Section
19(b)(2)(B) of the Act 8 to determine
whether to approve or disapprove the
proposed rule change, as modified by
Amendment No. 1.
II. Self-Regulatory Organization’s
Description of the Proposed Rule
Change, as Modified by Amendment
No. 1
The Exchange proposes to amend
Options 9, Sections 13 and 15 to
propose an increase to the position and
exercise limits for iShares Bitcoin Trust
ETF (‘‘IBIT’’). This Amendment No. 1
supersedes the original filing in its
entirety and proposes to (1) amend the
position and exercise limit for IBIT
options from 25,000 contracts to the
applicable position and exercise limit as
1 15

U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 102065
(Dec. 31, 2024), 90 FR 704.
4 15 U.S.C. 78s(b)(2).
5 See Securities Exchange Act Release No.
102463, 90 FR 10736 (Feb. 26, 2025). The
Commission designated April 6, 2025, as the date
by which the Commission shall approve or
disapprove, or institute proceedings to determine
whether to disapprove, the proposed rule change.
6 Comments on the proposal are available at:
https://www.sec.gov/comments/sr-ise-2024-62/
srise202462.htm.
7 Amendment No. 1 revises the proposal to apply
the position limits in ISE Options 9, Sections 13(d)
and the corresponding exercise limits in ISE
Options 9, Section 15 to IBIT options and to remove
proposed changes to permit the trading of IBIT
FLEX options. Amendment No. 1 is available at:
https://www.sec.gov/comments/sr-ise-2024-62/
srise202462-578436-1659562.pdf.
8 15 U.S.C. 78s(b)(2)(B).
2 17

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