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pdfFederal Register / Vol. 90, No. 138 / Tuesday, July 22, 2025 / Notices
available to all investors. Potential
purchasers may request the data at any
time if they believe it to be valuable or
may decline to purchase such data.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposed rule change will impose
any burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act. The
Exchange operates in a highly
competitive environment in which the
Exchange must continually adjust its
fees to remain competitive. Because
competitors are free to modify their own
fees in response, the Exchange believes
that the degree to which fee changes in
this market may impose any burden on
competition is extremely limited. As
discussed above, Open-Close Report
data is subject to direct competition
from several other options exchanges
that offer substantively similar
substitutes to the Exchange’s OpenClose Report, albeit for trading data on
those exchanges.29 Moreover, purchase
of historical Open-Close Report data is
entirely optional. It is designed to help
investors understand underlying market
trends to improve the quality of
investment decisions, but is not
necessary to execute a trade.
The rule change is grounded in the
Exchange’s efforts to compete more
effectively. In this competitive
environment, potential purchasers are
free to choose which, if any, similar
product to purchase to satisfy their need
for market information. As a result, the
Exchange believes this proposed rule
change permits fair competition among
national securities exchanges. Further,
the Exchange believes that the proposed
change will not cause any unnecessary
or inappropriate burden on intermarket
competition, as the extension of the
temporary discount program applies
uniformly to any purchaser of historical
Open-Close Report data.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
khammond on DSK9W7S144PROD with NOTICES
Written comments were neither
solicited nor 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 and Rule
19b–4(f)(2) 31 thereunder. 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
necessary or appropriate in the public
interest, for the protection of investors,
or 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:
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–
MIAX–2025–33 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–MIAX–2025–33. 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 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–MIAX–2025–33 and should be
submitted on or before August 12, 2025.
supra note 16.
U.S.C. 78s(b)(3)(A)(ii).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.32
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025–13726 Filed 7–21–25; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[OMB Control No. 3235–0064]
Proposed Collection; Comment
Request; Extension: Exchange Act
Form 10
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’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget (‘‘OMB’’) for
extension and approval.
Form 10 (17 CFR 249.210) is used by
issuers to register a class of securities
pursuant to Section 12(b) or Section
12(g) (15 U.S.C. 78l(b) and 78l(g)) of the
Securities Exchange Act of 1934. Form
10 requires financial information and
other disclosures about matters such as
the issuer’s business, properties,
identity and remuneration of
management, outstanding securities,
securities to be registered, and financial
condition. The information collected on
Form 10 is intended to ensure that
investors in a class of Section 12registered securities have sufficient
information regarding such securities
and their issuer necessary to make
informed investment and voting
decisions. We estimate that Form 10
takes approximately 198.84 hours per
response to prepare and is filed by an
average of 104 respondents annually,
once per year, for an average of 104
responses annually. We estimate that
25% of the 198.84 hours per response
(49.71 hours) are carried internally by
the issuer for an annual reporting
burden of 5,170 hours (49.71 hours per
response × 104 responses). We further
estimate that 75% of the 198.84 hours
per response (149.13 hours) is carried by
outside professionals at a rate of $600
per hour for a total annual cost burden
of $9,305,712 (149.13 hours per
29 See
30 15
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CFR 200.30–3(a)(12).
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Federal Register / Vol. 90, No. 138 / Tuesday, July 22, 2025 / Notices
response × $600 per hour × 104
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.
Written comments are invited on: (a)
whether this proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden imposed by the 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.
Please direct your written comments
on this 60-Day Collection Notice to
Austin Gerig, Director/Chief Data
Officer, Securities and Exchange
Commission, c/o Tanya Ruttenberg via
email to PaperworkReductionAct@
sec.gov by September 22, 2025. There
will be a second opportunity to
comment on this SEC request following
the Federal Register publishing a 30Day Submission Notice.
Dated: July 17, 2025.
Sherry R. Haywood,
Assistant Secretary.
change was published for comment in
the Federal Register on June 4, 2024.3
The Commission received no comment
letters regarding the proposed rule
change.
Section 19(b)(2) of the Act 4 provides
that within 45 days of the publication of
notice of the filing of a proposed rule
change, or within such longer period up
to 90 days as the Commission may
designate if it finds such longer period
to be appropriate and publishes its
reasons for so finding, or as to which the
self-regulatory organization consents,
the Commission shall either approve the
proposed rule change, disapprove the
proposed rule change, or institute
proceedings to determine whether the
proposed rule change should be
disapproved. The 45th day after
publication of the notice for this
proposed rule change is July 19, 2025.
The Commission is extending this 45day time period.
The Commission finds it appropriate
to designate a longer period within
which to take action on the proposed
rule change so that it has sufficient time
to consider the proposed rule change.
Accordingly, the Commission, pursuant
to Section 19(b)(2) of the Act,5
designates September 2, 2025, as the
date by which the Commission shall
either approve or disapprove, or
institute proceedings to determine
whether to disapprove, the proposed
rule change (File No. SR–ISE–2025–16).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.6
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025–13719 Filed 7–21–25; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[FR Doc. 2025–13729 Filed 7–21–25; 8:45 am]
BILLING CODE 8011–01–P
[Release No. 34–103488; File No. SR–ISE–
2025–16]
Self-Regulatory Organizations; Nasdaq
ISE, LLC; Notice of Designation of a
Longer Period for Commission Action
on a Proposed Rule Change To List
and Trade Options on the Hashdex
Nasdaq Crypto Index US ETF
khammond on DSK9W7S144PROD with NOTICES
July 17, 2025.
On May 15, 2024, Nasdaq ISE, LLC
(‘‘ISE’’) 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 Options
4, Section 3, Criteria for Underlying
Securities, to allow ISE to list and trade
options on the Hashdex Nasdaq Crypto
Index US ETF. The proposed rule
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
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DEPARTMENT OF STATE
[Public Notice: 12759]
Determination Under Subsection
402(d)(1) of the Trade Act of 1974, As
Amended; Extension of Waiver
Authority
Pursuant to the authority vested in the
President under the Trade Act of 1974,
as amended, Public Law 93–618, 88
Stat. 1978 (hereinafter ‘‘the Act’’), and
assigned to the Secretary of State by
virtue of Section 1(a) of Executive Order
13346 of July 8, 2004, and delegated by
Department of State Delegation of
Authority 513, of April 7, 2021, I
Securities Exchange Act Release No. 103144
(May 29, 2025), 90 FR 23753.
4 15 U.S.C. 78s(b)(2).
5 Id.
6 17 CFR 200.30–3(a)(31).
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3 See
Frm 00157
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determine, pursuant to Section 402(d)(1)
of the Act, 19 U.S.C. 2432(d)(1), that the
further extension of the waiver authority
granted by Section 402 of the Act will
substantially promote the objectives of
Section 402 of the Act. I further
determine that continuation of the
waiver applicable to Turkmenistan will
substantially promote the objectives of
Section 402 of the Act.
This Determination shall be published
in the Federal Register.
Dated: May 30, 2025.
Christopher Landau,
Deputy Secretary of State.
[FR Doc. 2025–13773 Filed 7–21–25; 8:45 am]
BILLING CODE 4710–46–P
DEPARTMENT OF STATE
[Delegation of Authority No. 588]
Delegation of Authority Under
Presidential Proclamation (PP)
Restricting the Entry of Foreign
Nationals To Protect the United States
From Foreign Terrorists and Other
National Security and Public Safety
Threats
By virtue of the authority vested in
the Secretary of State by the laws of the
United States, including Section 1 of the
State Department Basic Authorities Act,
as amended (22 U.S.C. 2651a) and the
Presidential Proclamation of June 4,
2025, Restricting the Entry of Foreign
Nationals to Protect the United States
from Foreign Terrorists and Other
National Security and Public Safety
Threats, I hereby delegate to the
Assistant Secretary for Consular Affairs,
to the extent authorized by law, the
authority under section 4(d) of said
Presidential Proclamation to determine
that travel by a foreign national would
serve a United States national interest.
The Secretary, Deputy Secretary,
Deputy Secretary for Management and
Resources, and the Under Secretary for
Management may exercise any function
or authority delegated by this
delegation.
This Delegation of Authority does not
supersede or otherwise affect any other
delegation of authority currently in
effect and will be published in the
Federal Register.
Dated: June 9, 2025.
Marco Rubio,
Secretary of State.
[FR Doc. 2025–13774 Filed 7–21–25; 8:45 am]
BILLING CODE 4710–06–P
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| File Modified | 2025:07:21 23:06:49-04:00 |
| File Created | 2025:07:22 03:05:13Z |