30 Day Notice

20778

Federal Register / Vol. 86, No. 75 / Wednesday, April 21, 2021 / Notices

paperwork burden associated with rule
17g–1’s requirements is two hours, one
hour each for a compliance attorney and
the board of directors as a whole. The
time spent by a compliance attorney
includes time spent filing reports with
the Commission for fidelity losses (if
any) as well as paperwork associated
with any notices to directors, and
managing any updates to the bond and
the joint agreement (if one exists). The
time spent by the board of directors as
a whole includes any time spent
initially establishing the bond, as well
as time spent on annual updates and
approvals. The Commission staff
therefore estimates the total ongoing
paperwork burden hours per year for all
funds required by rule 17g–1 to be 4,400
hours (2,200 funds × 2 hours = 4,400
hours). Commission staff continues to
estimate that the filing and reporting
requirements of rule 17g–1 do not entail
any external cost burdens.
These estimates of average burden
hours are made solely for the purposes
of the Paperwork Reduction Act. These
estimates are not derived from a
comprehensive or even a representative
survey or study of Commission rules.
The collection of information required
by Rule 17g–1 is mandatory and will not
be kept confidential. 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 control number.
The public may view background
documentation for this information
collection at the following website:
www.reginfo.gov. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to (i) www.reginfo.gov/public/do/
PRAMain and (ii) David Bottom,
Director/Chief Information Officer,
Securities and Exchange Commission, c/
o Cynthia Roscoe, 100 F Street NE,
Washington, DC 20549, or by sending an
email to: [email protected].

khammond on DSKJM1Z7X2PROD with NOTICES

Dated: April 15, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–08138 Filed 4–20–21; 8:45 am]
BILLING CODE 8011–01–P

estimates there are approximately 2,200 funds
(registered open- and closed-end funds, and
business development companies) that must
comply with the collections of information under
rule 17g–1, and which collectively submit an
estimated 2,597 filings on Form 17G annually.

VerDate Sep<11>2014

18:12 Apr 20, 2021

Jkt 253001

SECURITIES AND EXCHANGE
COMMISSION

Dated: April 16, 2021.
J. Lynn Taylor,
Assistant Secretary.

[SEC File No. 270–563, OMB Control No.
3235–0626]

[FR Doc. 2021–08227 Filed 4–20–21; 8:45 am]

Submission for OMB Review;
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 17g–3

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
(‘‘OMB’’) a request for approval of
extension of the previously approved
collection of information provided for in
Rule 17g–3 (17 CFR 240.17g–3) under
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) (‘‘Exchange Act’’).
Rule 17g–3 contains certain reporting
requirements for NRSROs including
financial statements and information
concerning its financial condition that
the Commission, by rule, may prescribe
as necessary or appropriate in the public
interest or for the protection of
investors. Currently, there are 9 credit
rating agencies registered as NRSROs
with the Commission. The Commission
estimates that the total burden for
respondents to comply with Rule 17g–
3 is 3,285 hours.
An agency may not conduct or
sponsor a collection of information
unless it displays a currently valid OMB
control number. No person shall be
subject to any penalty for failing to
comply with a collection of information
subject to the PRA that does not display
a valid OMB control number.
The public may view background
documentation for this information
collection at the following website:
>www.reginfo.gov<. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to (i) >www.reginfo.gov/public/
do/PRAMain< and (ii) David Bottom,
Director/Chief Information Officer,
Securities and Exchange Commission, c/
o Cynthia Roscoe, 100 F Street NE,
Washington, DC 20549, or by sending an
email to: [email protected].

PO 00000

Frm 00127

Fmt 4703

Sfmt 4703

BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–524, OMB Control No.
3235–0582]

Submission for OMB Review;
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:
Form N–PX

Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.) (‘‘Paperwork
Reduction Act’’), the Securities and
Exchange Commission (the
‘‘Commission’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for extension of the
previously approved collection of
information discussed below.
Rule 30b1–4 (17 CFR 270.30b1–4)
under the Investment Company Act of
1940 (15 U.S.C. 80a-1 et seq.) requires
every registered management
investment company, other than a small
business investment company registered
on Form N–5 (‘‘funds’’), to file a report
on Form N–PX not later than August 31
of each year. Funds use Form N–PX to
file annual reports with the Commission
containing their complete proxy voting
record for the most recent twelve-month
period ended June 30.
The Commission estimates that there
are approximately 2,207 funds
registered with the Commission,
representing approximately 11,890 fund
portfolios that are required to file Form
N–PX reports. The 11,890 portfolios are
comprised of approximately 6,392
portfolios holding equity securities,
2,857 portfolios holding no equity
securities, and 1,476 portfolios holding
fund securities (i.e., fund of funds).1 The
1 The estimate of 2,207 funds is based on the
number of management investment companies
currently registered with the Commission. The
Commission staff estimates that there are
approximately 6,392 portfolios that invest primarily
in equity securities, 804 ‘‘hybrid’’ or bond portfolios
that may hold some equity securities, 2,857 bond
portfolios that hold no equity securities, and 361
money market fund portfolios, and 1,476 fund of
funds, for a total of 11,890 portfolios required to file
Form N–PX reports. The staff has based its portfolio
estimates on a number of publications. See
Investment Company Institute, Trends in Mutual
Fund Investing (February 2020); Investment

E:\FR\FM\21APN1.SGM

21APN1