60 Day Notice

3235-0119 60 Day Notice.pdf

Securities Exchange Act 1934 - Rule 12g3-2

60 Day Notice

OMB: 3235-0119

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Federal Register / Vol. 86, No. 28 / Friday, February 12, 2021 / Notices

participate in the testing and review of
its default procedures, including any
close-out procedure, at least annually
and following material changes thereto.
By amending the Default Management
Procedures to document and formalize
the procedures for convening the CDS
Default Committee remotely by
teleconference, the proposed rule
change would promote ICC’s ability to
efficiently and safely manage its closeout process when the CDS Default
Committee cannot meet in person,
which would help to ensure that ICC
has the authority and operational
capacity to take timely action to contain
losses and liquidity demands and
continue to meet its obligations in the
event of default. In addition, the
Commission believes the proposed
updates and clarification changes to the
default notification procedures would
ensure that ICC’s relevant stakeholders
stay informed throughout the default
management process and enable them to
provide responsive feedback that may
also help ICC to take timely action to
contain losses and liquidity demands
while meeting its obligations. For these
reasons, the Commission finds that the
proposed rule change is consistent with
Rule 17Ad–22(e)(13).14
IV. Conclusion
On the basis of the foregoing, the
Commission finds that the proposed
rule change is consistent with the
requirements of the Act, and in
particular, with the requirements of
Section 17A(b)(3)(F) of the Act 15 and
Rules 17Ad–22(e)(2)(i), (e)(2)(v), and
(e)(13) thereunder.16
It is therefore ordered pursuant to
Section 19(b)(2) of the Act 17 that the
proposed rule change (SR–ICC–2020–
014) be, and hereby is, approved.18
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.19
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–02868 Filed 2–11–21; 8:45 am]
BILLING CODE 8011–01–P

14 17

CFR 240.17Ad–22(e)(13).
U.S.C. 78q–1(b)(3)(F).
16 17 CFR 240.17Ad–22(e)(2)(i), (e)(2)(v), and
(e)(13).
17 15 U.S.C. 78s(b)(2).
18 In approving the proposed rule change, the
Commission considered the proposal’s impact on
efficiency, competition, and capital formation. 15
U.S.C. 78c(f).
19 17 CFR 200.30–3(a)(12).
15 15

VerDate Sep<11>2014

17:27 Feb 11, 2021

Jkt 253001

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–104, OMB Control No.
3235–0119]

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 12g3–2

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 for extension
and approval.
Rule 12g3–2 (17 CFR 240.12g3–2)
under the Securities Exchange Act of
1934 (the ‘‘Exchange Act’’) provides an
exemption from Section 12(g) of the
Exchange Act (15 U.S.C. 78l(g)) for
foreign private issuers. Rule 12g3–2 is
designed to provide investors in foreign
securities with information about such
securities and the foreign issuer. The
information filed under Rule 12g3–2
must be filed with the Commission and
is publicly available. We estimate that it
takes 8.95 hours per response to prepare
and is filed by approximately 1,386
respondents. Each respondent files an
estimated 12 times submissions
pursuant to Rule 12g3–2 per year for a
total of 16,632 respondents. We estimate
that 25% of 8.95 hours per response
(2.237 hours per response) to provide
the information required under Rule
12g3–2 for a total annual reporting
burden of 37,206 hours (2.237 hours per
response × 16,632 responses).
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. Consideration will be given
to comments and suggestions submitted

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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
unless it displays a currently valid
control number.
Please direct your written comment 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: February 8, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–02865 Filed 2–11–21; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–91078; File No. SR–
CboeEDGX–2021–009]

Self-Regulatory Organizations; Cboe
EDGX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change Relating To
Amend the Fee Schedule
February 8, 2021.

Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on February
1, 2021, Cboe EDGX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘EDGX’’) filed with the
Securities and Exchange Commission
(the ‘‘Commission’’) the proposed rule
change as described in Items I, II, and
III below, which Items have been
prepared by the Exchange. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
Cboe EDGX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘EDGX’’) is filing with
the Securities and Exchange
Commission (‘‘Commission’’) a
proposed rule change to amend the fee
schedule. The text of the proposed rule
change is provided in Exhibit 5.
The text of the proposed rule change
is also available on the Exchange’s
website (http://markets.cboe.com/us/
options/regulation/rule_filings/edgx/),
at the Exchange’s Office of the
Secretary, and at the Commission’s
Public Reference Room.
1 15
2 17

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U.S.C. 78s(b)(1).
CFR 240.19b–4.

12FEN1


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