60 Day Notice

3235-0485 60 Day Notice.pdf

Rule 15c2-1; Hypothecation of Customer Securities

60 Day Notice

OMB: 3235-0485

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Federal Register / Vol. 85, No. 247 / Wednesday, December 23, 2020 / Notices

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–418, OMB Control No.
3235–0485]

jbell on DSKJLSW7X2PROD with NOTICES

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 15c2–1
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 15c2–1, (17 CFR
240.15c2–1), 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 15c2–1 prohibits the
commingling under the same lien of
securities of margin customers (a) with
other customers without their written
consent, and (b) with the broker-dealer.
The rule also prohibits the rehypothecation of customers’ margin
securities for a sum in excess of the
customer’s aggregate indebtedness.
Pursuant to Rule 15c2–1, respondents
must collect information necessary to
prevent the re-hypothecation of
customer securities in contravention of
the rule, issue and retain copies of
notices of hypothecation of customer
securities in accordance with the rule,
and collect written consents from
customers in accordance with the rule.
The information is necessary to ensure
compliance with the rule, and to advise
customers of the rule’s protections.
There are approximately 48
respondents (i.e., broker-dealers that
conducted business with the public,
filed Part II or Part IICSE of the FOCUS
Report, did not claim an exemption
from the Rule 15c3–3 reserve formula
computation, and reported that they had
a bank loan during at least one quarter
of the current year) that require an
aggregate total of approximately 1,080
hours to comply with the rule. Each of
these approximately 48 registered
broker-dealers makes an estimated 45
annual responses. Each response takes
approximately 0.5 hours to complete.
Thus, the total burden per year is
approximately 1,080 hours.
Written comments are invited on: (a)
Whether the proposed collection of

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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_
[email protected].
Dated: December 18, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–28424 Filed 12–22–20; 8:45 am]
BILLING CODE 8011–01–P

DEPARTMENT OF STATE
[Public Notice: 11287]

Sudan; Determination Under
Presidential Proclamation
I hereby determine, in accordance
with section 5 of Presidential
Proclamation No. 6958, of November 22,
1996, that the suspension of entry into
the United States of members or officials
of the Government of Sudan (GOS) and
members of the Sudanese armed forces
is no longer necessary and should be
terminated given the termination of the
restrictive measures in UN Security
Council Resolution 1054 and its
successor resolution UNSCR 1070, and
the significant shift in U.S. foreign
policy toward Sudan following the
installation of the new Sudanese
Civilian-Led Transitional Government.
Restrictions imposed in said
proclamation, pursuant to Section 212(f)
and 215 of the Immigration and
Nationality Act of 1952 as amended (8
U.S.C. 1182(f) and section 301 of title 3,
United States Code shall therefore lapse,
and said proclamation shall terminate
effective immediately.

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This determination will be reported to
Congress and published in the Federal
Register.
Dated: December 15, 2020.
Michael R. Pompeo,
Secretary of State.
[FR Doc. 2020–28271 Filed 12–22–20; 8:45 am]
BILLING CODE 4710–26–P

SURFACE TRANSPORTATION BOARD
[Docket No. FD 36456]

Dutchtown Southern Railroad, L.L.C.—
Lease and Operation Exemption—
Illinois Central Railroad Company
Dutchtown Southern Railroad, L.L.C.
(DUSR), a noncarrier, has filed a verified
notice of exemption under 49 CFR
1150.31 to lease from Illinois Central
Railroad Company (IC) and operate
approximately 9,285 feet of track known
as the Rubber Lead Track, extending
from a point on the Line roughly
adjacent to milepost 386 + 1636.15’ on
IC’s parallel main line, extending
southeastward to a point proximate to
milepost 388 + 357’ on the
aforementioned, parallel-running IC
main line in Geismar, Ascension Parish,
La. (the Line).1
This transaction is related to a
concurrently filed verified notice of
exemption in Watco Holdings, Inc.—
Continuance in Control Exemption—
Dutchtown Southern Railroad, L.L.C.,
Docket No. FD 36457, in which Watco
Holdings, Inc., seeks to continue in
control of DUSR upon DUSR’s becoming
a Class III rail carrier.
DUSR states that it and IC will shortly
execute agreements pursuant to which
DUSR will lease the Line from IC and
will be the operator of the Line. DUSR
further states that the proposed
agreements between DUSR and IC do
not contain any provision limiting
DUSR’s future interchange of traffic on
the Line with a third-party connecting
carrier.
DUSR certifies that its projected
annual revenues as a result of this
transaction will not result in DUSR’s
becoming a Class II or Class I rail
carrier. DUSR further certifies that its
projected annual revenue will not
exceed $5 million.
The transaction may be consummated
on or after January 8, 2021, the effective
date of the exemption (30 days after the
verified notice was filed).
If the verified notice contains false or
misleading information, the exemption
1 The verified notice indicates that DUSR also
will secure rights to operate into IC’s Geismar
storage yard for purposes of interchanging rail cars
there with IC.

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