Form 6-K 60 Day Federal Register Notice

57164

Federal Register / Vol. 88, No. 161 / Tuesday, August 22, 2023 / Notices

central counterparty, thereby promoting
the prompt and accurate settlement of
the additional SES and SWES contracts
and other credit default swap
transactions.
Therefore, the Commission finds that
clearance of the additional SES and
SWES contracts would promote the
prompt and accurate clearance and
settlement of securities transactions,
consistent with section 17A(b)(3)(F) of
the Act.9
b. Consistency With Rule 17Ad–22(e)(1)
Rule 17Ad–22(e)(1) requires ICC to
establish, implement, maintain, and
enforce written policies and procedures
reasonably designed to provide for a
well-founded, clear, transparent, and
enforceable legal basis for each aspect of
its activities in all relevant
jurisdictions.10
The Commission believes that the
proposed rule change would help
provide a well-founded, clear,
transparent, and enforceable legal basis
for ICC’s clearance of SES contracts on
Romania and the Socialist Republic of
Vietnam as well as SWES contracts on
the Kingdom of Sweden. By amending
Rule 26D–102 to add both the Socialist
Republic of Vietnam and Romania to the
list of specific Eligible SES Reference
Entities to be cleared by ICC, the
proposed rule change would help to
ensure that ICC can clear SES contracts
on those countries pursuant to its
existing rules in Subchapter 26D.
Likewise, by amending Rule 26I–102 to
add the Kingdom of Sweden to the list
of specific Eligible SWES Reference
Entities to be cleared by ICC, the
proposed rule change would help to
ensure that ICC can clear SWES
contracts on the Kingdom of Sweden
pursuant to its rules in Subchapter 26I.
The Commission believes Subchapter
26D and Subchapter 26I each would
provide a well-founded, clear,
transparent, and enforceable legal basis
for ICC to clear these contracts,
consistent with the requirements of Rule
17Ad–22(e)(1).11

lotter on DSK11XQN23PROD with NOTICES1

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 12 and
Rule 17Ad–22(e)(1) thereunder.13

[FR Doc. 2023–17977 Filed 8–21–23; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–107, OMB Control No.
3235–0116]

Proposed Collection; Comment
Request; Extension: Form 6–K—
Exchange Act Rules 13a–16 and 15d–
16
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.), 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.
Form 6–K (17 CFR 249.306) is a
disclosure document under the
Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) that must be filed by
a foreign private issuer to report
material information promptly after the
occurrence of specified or other
important corporate events that are
disclosed in the foreign private issuer’s
home country. The purpose of Form 6–
K is to ensure that U.S. investors have
access to the same information that
foreign investors do when making
investment decisions. Form 6–K takes
approximately 8.7 hours per response
and is filed by approximately 34,794
issuers annually. We estimate that 75%
of the 8.7 hours per response (6.525
hours) is prepared by the issuer for a
total annual reporting burden of 227,031
hours (6.525 hours per response ×
34,794 responses).
U.S.C. 78s(b)(2).
approving the proposed rule change, the
Commission considered the proposal’s impact on
efficiency, competition, and capital formation. 15
U.S.C. 78c(f).
16 17 CFR 200.30–3(a)(12).

U.S.C. 78q–1(b)(3)(F).
10 17 CFR 240Ad–22(e)(1).
11 17 CFR 240.17Ad–22(e)(1).
12 15 U.S.C. 78q–1(b)(3)(F).
13 17 CFR 240.17Ad–22(e)(1).

16:57 Aug 21, 2023

For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.16
Sherry R. Haywood,
Assistant Secretary.

14 15

9 15

VerDate Sep<11>2014

It is therefore ordered pursuant to
section 19(b)(2) of the Act 14 that the
proposed rule change (SR–ICC–2023–
010), be, and hereby is, approved.15

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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
in writing within 60 days of this
publication by October 23, 2023.
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 John
Pezzullo, 100 F Street NE, Washington,
DC 20549 or send an email to: PRA_
[email protected].
Dated: August 17, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023–18011 Filed 8–21–23; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–98147; File No. SR–ICC–
2023–009]

Self-Regulatory Organizations; ICE
Clear Credit LLC; Notice of Filing of
Amendment No. 1 and Partial
Amendment No. 2 and Order Granting
Accelerated Approval of Proposed
Rule Change, as Modified by
Amendment No. 1 and Partial
Amendment No. 2, Relating to the ICC
Default Auction Procedures—Initial
Default Auctions
August 16, 2023.

I. Introduction
On June 22, 2023, ICE Clear Credit
LLC (‘‘ICC’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’), pursuant to section
19(b)(2) of the Securities Exchange Act
of 1934 (the ‘‘Act’’) 1 and Rule 19b–4
thereunder,2 a proposed rule change to
amend the ICC Default Auction
Procedures—Initial Default Auctions
1 15
2 17

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U.S.C. 78s(b)(1).
CFR 240.19b–4.

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