60 Day Notice

67776

Federal Register / Vol. 86, No. 226 / Monday, November 29, 2021 / Notices

C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
The Exchange has not solicited, and
does not intend to solicit, comments on
this proposal. No written comments
were solicited or received on the
proposed rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Within 45 days of the date of
publication of this notice in the Federal
Register or within such longer period
up to 90 days (i) as the Commission may
designate if it finds such longer period
to be appropriate and publishes its
reasons for so finding or (ii) as to which
the Exchange consents, the Commission
will:
A. By order approve or disapprove
such proposed rule change, or
B. institute proceedings to determine
whether the proposed rule change
should be 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 (http://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include File Number SR–
CboeEDGX–2021–048 on the subject
line.

khammond on DSKJM1Z7X2PROD with NOTICES

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–CboeEDGX–2021–048. 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

VerDate Sep<11>2014

16:55 Nov 26, 2021

Jkt 256001

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 the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change.
Persons submitting comments are
cautioned that we do not redact or edit
personal 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–CboeEDGX–2021–048 and
should be submitted on or before
December 20, 2021.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–25882 Filed 11–26–21; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–437, OMB Control No.
3235–0494]

Proposed Collection; Comment
Request, Extension: Rule 30e–2
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.) (‘‘Paperwork
Reduction Act’’), 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 (‘‘OMB’’) for
extension and approval.
Rule 30e–2 (17 CFR 270.30e–2) under
the Investment Company Act of 1940
(15 U.S.C. 80a–1 et seq.) (‘‘Investment
Company Act’’) requires registered unit
investment trusts (‘‘UITs’’) that invest
substantially all of their assets in shares
of a management investment company
11 17

PO 00000

CFR 200.30–3(a)(12).

Frm 00103

Fmt 4703

Sfmt 4703

(‘‘fund’’) to send their unitholders
annual and semiannual reports
containing financial information on the
underlying company. Specifically, rule
30e–2 requires that the report contain
all the applicable information and
financial statements or their equivalent,
required by rule 30e–1 under the
Investment Company Act (17 CFR
270.30e–1) to be included in reports of
the underlying fund for the same fiscal
period. Rule 30e–1 requires that the
underlying fund’s report contain, among
other things, the information that is
required to be included in such reports
by the fund’s registration statement form
under the Investment Company Act.
The purpose of this requirement is to
apprise current shareholders of the
operational and financial condition of
the UIT. Absent the requirement to
disclose all material information in
reports, investors would be unable to
obtain accurate information upon which
to base investment decisions and
consumer confidence in the securities
industry might be adversely affected.
Requiring the submission of these
reports to the Commission permits us to
verify compliance with securities law
requirements.
Rule 30e–2, however, permits, under
certain conditions, delivery of a single
shareholder report to investors who
share an address (‘‘householding’’).
Specifically, rule 30e–2 permits
householding of annual and semiannual reports by UITs to satisfy the
delivery requirements of rule 30e–2 if,
in addition to the other conditions set
forth in the rule, the UIT has obtained
from each applicable investor written or
implied consent to the householding of
shareholder reports at such address. The
rule requires UITs that wish to
household shareholder reports with
implied consent to send a notice to each
applicable investor stating that the
investors in the household will receive
one report in the future unless the
investors provide contrary instructions.
In addition, at least once a year, UITs
relying on the rule for householding
must explain to investors who have
provided written or implied consent
how they can revoke their consent. The
purpose of the notice and annual
explanation requirements associated
with the householding provisions of the
rule is to ensure that investors who wish
to receive individual copies of
shareholder reports are able to do so.
The Commission estimates that the
annual burden associated with rule 30e–
2 is 125 hours per respondent. The
Commission estimates that there are
currently approximately 660 UITs that
file 1320 reports per year. Therefore, the
Commission estimates that the total

E:\FR\FM\29NON1.SGM

29NON1

khammond on DSKJM1Z7X2PROD with NOTICES

Federal Register / Vol. 86, No. 226 / Monday, November 29, 2021 / Notices
hour burden is approximately 82,500
hours. In addition to the burden hours,
the Commission estimates that the
annual cost of contracting for outside
services associated with rule 30e–2 is
$20,000 per respondent, or $6,667 per
respondent that transmits reports
electronically, for a total cost of
approximately $5,280,198.
Estimates of average burden hours are
made solely for the purposes of the
Paperwork Reduction Act and are not
derived from a comprehensive or even
representative survey or study of the
costs of Commission rules and forms.
The collection of information under rule
30e–2 is mandatory. The information
provided under rule 30e–2 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 OMB control number.
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 will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of 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
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 John R.
Pezzullo, 100 F Street NE, Washington,
DC 20549; or send an email to: PRA_
[email protected].
All submissions should refer to File
Number 270–437. This file number
should be included on the subject line
if email is used. The Commission will
post all comments on the Commission’s
internet website (http://www.sec.gov).
All comments received will be posted
without change; we do not edit personal
identifying information from
submissions. You should submit only
information that you wish to make
available publicly.
Dated: November 23, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
BILLING CODE 8011–01–P

16:55 Nov 26, 2021

[Release No. 34–93646; File No. SR–CBOE–
2021–067]

Self-Regulatory Organizations; Cboe
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Add a Held Order
Instruction
November 22, 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 November
10, 2021, Cboe Exchange, Inc. (the
‘‘Exchange’’ or ‘‘Cboe Options’’) filed
with the Securities and Exchange
Commission (the ‘‘Commission’’) the
proposed rule change as described in
Items I and II below, which Items have
been prepared by the Exchange. The
Exchange filed the proposal as a ‘‘noncontroversial’’ proposed rule change
pursuant to Section 19(b)(3)(A)(iii) of
the Act 3 and Rule 19b–4(f)(6)
thereunder.4 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 Exchange, Inc. (the ‘‘Exchange’’
or ‘‘Cboe Options’’) proposes to add a
held order instruction. The text of the
proposed rule change is provided
below.
(additions are italicized; deletions are
[bracketed])
*
*
*
*
*
Rules of Cboe Exchange, Inc.
*

*

*

*

*

Rule 5.6. Order Types, Order
Instructions, and Times-in-Force
(a)–(b) No change.
(c) Order Instructions. An ‘‘Order
Instruction’’ is a processing instruction
a User may apply to an order (multiple
instructions may apply to a single
order), subject to the restrictions set
forth in Rule 6.8(c) with respect to
orders and bulk messages submitted
through bulk ports and any other
restrictions set forth in the Rules, when
entering it into the System for electronic
or open outcry processing and includes:
*
*
*
*
*
1 15

[FR Doc. 2021–25915 Filed 11–26–21; 8:45 am]

VerDate Sep<11>2014

SECURITIES AND EXCHANGE
COMMISSION

Jkt 256001

U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A)(iii).
4 17 CFR 240.19b–4(f)(6).
2 17

PO 00000

Frm 00104

Fmt 4703

Sfmt 4703

67777

Electronic Only
An ‘‘Electronic Only’’ order is an
order a User designates for electronic
processing, but does not route to PAR
for manual handling if not eligible for
electronic processing.
Held
A ‘‘held’’ order is an order marked
‘‘held’’ for which a Floor Broker’s client
does not give the Floor Broker discretion
as to the price or time at which such
order is to be executed or the order was
received by the Exchange electronically
and subsequently routed to a Floor
Broker or PAR Official pursuant to the
User’s instructions.
*
*
*
*
*
Not Held
A ‘‘not held’’ order is an order marked
‘‘not held’’, ‘‘take time’’ or which bears
any qualifying notation giving
discretion as to the price or time at
which such order is to be executed. An
order entrusted to a Floor Broker will be
considered a not held order, unless
[otherwise specified by a Floor Broker’s
client]marked ‘‘held’’ or the order was
received by the Exchange electronically
and subsequently routed to a Floor
Broker or PAR Official pursuant to the
User’s instructions. A User may not
designate a not held order as Electronic
Only.
*
*
*
*
*
Rule 5.70. Availability of Orders
(a) Pursuant to Rule 5.6(a), the
Exchange may make order types, Order
Instructions, and Times-in-Force
available on a class basis. The Exchange
may make the following order types,
Order Instructions, and Times-in-Force
available for orders submitted in FLEX
Options (‘‘FLEX Orders’’):
(1) No change.
(2) Order Instructions: All Sessions,
Attributable, DAC (except for FLEX
Options with an exercise price that is a
percentage of the closing value of the
underlying equity security or index
value, as applicable on the trade date or
that is Asian or Cliquet-settled), Direct
to PAR, Electronic Only, Held, NonAttributable, Not Held, and RTH Only.
*
*
*
*
*
Rule 5.83. Availability of Orders
(a) Simple Orders. Pursuant to Rule
5.6(a), the Exchange may make order
types, Order Instructions, and Times-inForce available on a class basis for PAR
routing for manual handling (and open
outcry trading). The Exchange may
make the following order types, Order
Instructions, and Times-in-Force

E:\FR\FM\29NON1.SGM

29NON1