60 Day Notice

3235-0177 60 Day Notice.pdf

Rule 270.6e-2 under the Investment Company Act of 1940, exemption for certain variable separate accounts, including Form N-6EI-1, notification of claim of exemption from registration

60 Day Notice

OMB: 3235-0177

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jbell on DSKJLSW7X2PROD with NOTICES

Federal Register / Vol. 85, No. 227 / Tuesday, November 24, 2020 / Notices
become operative for 30 days after the
date of filing. However, pursuant to
Rule 19b–4(f)(6)(iii), the Commission
may designate a shorter time if such
action is consistent with the protection
of investors and the public interest. In
its filing with the Commission, FINRA
has asked the Commission to waive the
30-day operative delay so that the
proposed rule change may become
operative immediately upon filing. As
noted above, the ongoing extenuating
circumstances of the COVID–19
pandemic make it impractical for
FINRA member firms to conduct the onsite inspection component of Rule
3110(c) at many or most locations.
Consequently, FINRA believes that
firms will have a considerable backlog
of 2020 inspections and that planning
on-site inspections for 2021 may be
impacted as well. FINRA stated that the
temporary proposed rule change would
help FINRA member firms meet their
obligations under Rule 3110(c) using a
regulatory alternative that would not
materially diminish, and is reasonably
designed to achieve, the investor
protection objectives of the inspection
requirements under these unique
circumstances.
The Commission believes that
waiving the operative delay is
consistent with the protection of
investors and the public interest
because it would allow the proposed
change to become operative on the date
of filing and to provide immediate
temporary relief to firms during these
extenuating circumstances. In reaching
this conclusion, the Commission notes
the proposed rule change would provide
only temporary relief based on the
compelling health and safety concerns
and the operational challenges member
firms are facing due to the sustained
COVID–19 pandemic.36 Furthermore,
the Commission notes that the proposed
rule change would not relieve firms
from meeting the core regulatory
obligation to establish and maintain a
system to supervise the activities of
each associated person that is
reasonably designed to achieve
compliance with applicable securities
laws and regulations, and with
applicable FINRA rules that directly
serve investor protection. Accordingly,
the Commission waives the 30-day
operative delay and designates the
proposed rule change operative upon
filing.37
36 See

supra note 5.
purposes only of waiving the operative
delay, the Commission has considered the proposed
rule’s impact on efficiency, competition, and capital
formation. See 15 U.S.C. 78c(f).
37 For

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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.

identifying information from comment
submissions. You should submit only
information that you wish to make
available publicly.
All submissions should refer to File
Number SR–FINRA–2020–040 and
should be submitted on or before
December 15, 2020.

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:

[FR Doc. 2020–25902 Filed 11–23–20; 8:45 am]

Electronic Comments
• Use the Commission’s internet
comment form (http://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include File Number SR–
FINRA–2020–040 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–FINRA–2020–040. 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 (http://www.sec.gov/
rules/sro.shtml). Copies of the
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
10:00 a.m. and 3:00 p.m. Copies of such
filing also will be available for
inspection and copying at the principal
office of FINRA. All comments received
will be posted without change. Persons
submitting comments are cautioned that
we do not redact or edit personal

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For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.38
J. Matthew DeLesDernier,
Assistant Secretary.
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–177, OMB Control No.
3235–0177]

Proposed Collection; Comment
Request
Extension:
Rule 6e–2 and Form N–6EI–1

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 (the
‘‘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 for extension
and approval.
Rule 6e–2 (17 CFR 270.6e–2) under
the Investment Company Act of 1940
(‘‘Act’’) (15 U.S.C. 80a) is an exemptive
rule that provides separate accounts
formed by life insurance companies to
fund certain variable life insurance
products, exemptions from certain
provisions of the Act, subject to
conditions set forth in the rule.
Rule 6e–2 provides a separate account
with an exemption from the registration
provisions of section 8(a) of the Act if
the account files with the Commission
Form N–6EI–1, a notification of claim of
exemption.
The rule also exempts a separate
account from a number of other sections
of the Act, provided that the separate
account makes certain disclosure in its
registration statements (in the case of
those separate accounts that elect to
register), reports to contractholders,
proxy solicitations, and submissions to
state regulatory authorities, as
prescribed by the rule.
Since 2008, there have been no filings
of Form N–6EI–1 by separate accounts.
Therefore, there has been no cost or
38 17

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CFR 200.30–3(a)(12).

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Federal Register / Vol. 85, No. 227 / Tuesday, November 24, 2020 / Notices

burden to the industry since that time.
The Commission requests authorization
to maintain an inventory of one burden
hour for administrative purposes.
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the proposed collection
of information; (c) ways to enhance the
quality, utility, and clarity of the
information to be 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.
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_
[email protected].
Dated: November 18, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–25895 Filed 11–23–20; 8:45 am]
BILLING CODE 8011–01–P

DEPARTMENT OF STATE
[Public Notice: 11265]

jbell on DSKJLSW7X2PROD with NOTICES

Designation of Maalim Ayman as a
Specially Designated Global Terrorist
Acting under the authority of and in
accordance with section 1(a)(ii)(B) of
Executive Order 13224 of September 23,
2001, as amended by Executive Order
13268 of July 2, 2002, Executive Order
13284 of January 23, 2003, and
Executive Order 13886 of September 9,
2019, I hereby determine that the person
known as Maalim Ayman, also known
as Ma’alim Ayman, also known as
Mo’alim Ayman, also known as Nuh
Ibrahim Abdi, also known as Abdiaziz
Dubow Ali, also known as Ayman Kabo,
is a leader of al-Shabaab, a group whose
property and interests in property are
blocked pursuant to a prior
determination by the Secretary of State
pursuant to Executive Order 13224.
Consistent with the determination in
section 10 of Executive Order 13224 that
prior notice to persons determined to be
subject to the Order who might have a
constitutional presence in the United
States would render ineffectual the

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blocking and other measures authorized
in the Order because of the ability to
transfer funds instantaneously, I
determine that no prior notice needs to
be provided to any person subject to this
determination who might have a
constitutional presence in the United
States, because to do so would render
ineffectual the measures authorized in
the Order.
This notice shall be published in the
Federal Register.
Dated: September 9, 2020.
Michael R. Pompeo,
Secretary of State.

DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
[Docket No 2020–0260]

Agency Information Collection
Activities: Requests for Comments;
Clearance of a Renewed Approval of
Information Collection: Verification of
Authenticity of Foreign License,
Rating, and Medical Certification
Federal Aviation
Administration (FAA), DOT.
ACTION: Notice and request for
comments.
AGENCY:

[FR Doc. 2020–25861 Filed 11–23–20; 8:45 am]

DEPARTMENT OF STATE
[Public Notice: 11266]

Designation of Abdullahi Osman
Mohamed as a Specially Designated
Global Terrorist
Acting under the authority of and in
accordance with section 1(a)(ii)(B) of
Executive Order 13224 of September 23,
2001, as amended by Executive Order
13268 of July 2, 2002, Executive Order
13284 of January 23, 2003, and
Executive Order 13886 of September 9,
2019, I hereby determine that the person
known as Abdullahi Osman Mohamed,
also known as Engineer Ismail, also
known as Abdullahi Osman, also known
as Imran, also known as Sharmaki, also
known as Thaqafi, also known as Dhega
Adde, is a leader of al-Shabaab, a group
whose property and interests in
property are blocked pursuant to a prior
determination by the Secretary of State
pursuant to Executive Order 13224.
Consistent with the determination in
section 10 of Executive Order 13224 that
prior notice to persons determined to be
subject to the Order who might have a
constitutional presence in the United
States would render ineffectual the
blocking and other measures authorized
in the Order because of the ability to
transfer funds instantaneously, I
determine that no prior notice needs to
be provided to any person subject to this
determination who might have a
constitutional presence in the United
States, because to do so would render
ineffectual the measures authorized in
the Order.
This notice shall be published in the
Federal Register.
Dated: September 9, 2020.
Michael R. Pompeo,
Secretary of State.
[FR Doc. 2020–25862 Filed 11–23–20; 8:45 am]
BILLING CODE 4710–AD–P

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In accordance with the
Paperwork Reduction Act of 1995, FAA
invites public comments about our
intention to request the Office of
Management and Budget (OMB)
approval to renew an information
collection. The Federal Register Notice
with a 60-day comment period soliciting
comments on the following collection of
information was published on 4/15/
2020. The collection involves
information used to identify foreign
airmen in order to allow the agency to
verify their foreign license when used to
qualify for a U.S. certificate.
Respondents are holders of foreign
licenses wishing to obtain U.S.
Certificates.

SUMMARY:

BILLING CODE 4710–AD–P

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Written comments should be
submitted by December 24, 2020.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
FOR FURTHER INFORMATION CONTACT:
Margaret A Hawkins by email at:
[email protected]; phone: 1–
405–954–7045.
SUPPLEMENTARY INFORMATION:
Public Comments Invited: You are
asked to comment on any aspect of this
information collection, including (a)
Whether the proposed collection of
information is necessary for FAA’s
performance; (b) the accuracy of the
estimated burden; (c) ways for FAA to
enhance the quality, utility and clarity
of the information collection; and (d)
ways that the burden could be
minimized without reducing the quality
of the collected information.
OMB Control Number: 2120–0724.
Title: Verification of Foreign License,
Rating and Medical Certification.
Form Numbers: Form 8060–71.
DATES:

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