Schedule 13D and Schedule 13G 30 Day Federal Register Notice

73924

Federal Register / Vol. 88, No. 207 / Friday, October 27, 2023 / Notices

printing in the Commission’s Public
Reference Room, 100 F Street NE,
Washington, DC 20549, on official
business days between the hours of 10
a.m. and 3 p.m. Copies of the filing also
will be available for inspection and
copying at the principal office of the
Exchange. Do not include personal
identifiable information in submissions;
you should submit only information
that you wish to make available
publicly. We may redact in part or
withhold entirely from publication
submitted material that is obscene or
subject to copyright protection. All
submissions should refer to file number
SR–CboeEDGA–2023–017 and should
be submitted on or before November 17,
2023.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.24
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023–23705 Filed 10–26–23; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–564, OMB Control No.
3235–0628]

ddrumheller on DSK120RN23PROD with NOTICES1

Submission for OMB Review;
Comment Request; Extension: Rule
17g–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.), 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–2 (17 CFR 240.17g–2) under
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) (‘‘Exchange Act’’).
Rule 17g–2, ‘‘Records to be made and
retained by nationally recognized
statistical rating organizations,’’
implements the Commission’s
recordkeeping rulemaking authority
under Section 17(a) of the Exchange
Act.1 The rule requires a Nationally
Recognized Statistical Rating
Organization (‘‘NRSRO’’) to make and
retain certain records relating to its
business and to retain certain other
CFR 200.30–3(a)(12).
U.S.C. 78q.

VerDate Sep<11>2014

17:44 Oct 26, 2023

Dated: October 23, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023–23710 Filed 10–26–23; 8:45 am]
BILLING CODE 8011–01–P
2 10 currently registered NRSROs × 265 hours =
2,650 hours.

24 17
1 15

business records, if such records are
made. The rule also prescribes the time
periods and manner in which all these
records must be retained. There are 10
credit rating agencies registered with the
Commission as NRSROs under section
15E of the Exchange Act, which have
already established the recordkeeping
policies and procedures required by
Rule 17g–2. Based on staff experience,
NRSROs are estimated to spend a total
industry-wide burden of 2,650 annual
hours to make and retain the
appropriate records.2
Written comments are invited on: (a)
whether the proposed collection of
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 on respondents; 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.
The Commission may not conduct or
sponsor a collection of information
unless it displays a currently valid
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 by November 27, 2023 to (i)
MBX.OMB.OIRA.SEC_desk_officer@
omb.eop.gov and (ii) Please direct your
written comments to: Dave Bottom,
Director/Chief Information Officer,
Securities and Exchange Commission,
c/o Cynthia Roscoe, 100 F St. NE,
Washington, DC 20549 or send an email
to: [email protected].

Jkt 262001

PO 00000

Frm 00102

Fmt 4703

Sfmt 4703

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–137, OMB Control No.
3235–0145]

Submission for OMB Review;
Comment Request; Extension:
Regulation 13D and Regulation 13G;
Schedule 13D and Schedule 13G
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’’) has submitted to the
Office of Management and Budget this
request for extension of the previously
approved collection of information
discussed below.
Schedules 13D and 13G (17 CFR
240.13d–101 and 240.13d–102) are filed
pursuant to Sections 13(d) and 13(g) of
the Securities Exchange Act of 1934 (15
U.S.C. 78m(d) and 78m(g)) (‘‘Exchange
Act’’) and Regulations 13D and 13G (17
CFR 240.13d–1—240.13d–7) thereunder
to report beneficial ownership of equity
securities registered under Section 12
(15 U.S.C. 78l) of the Exchange Act.
Regulations 13D and 13G provide
investors, the subject issuers, and
market participants with information
about the accumulation of equity
securities that may have the potential to
change or influence control of an issuer.
Schedules 13D and 13G are filed by
persons, including small entities, to
report their ownership of more than 5%
of a class of equity securities registered
under Section 12.
We estimate that it takes
approximately 14.5 burden hours to
prepare a Schedule 13D and it is filed
by approximately 1,508 filers. In
addition, we estimate that 25% of the
14.5 hours per response (3.625 hours
per response) is carried internally by the
filer for a total annual reporting burden
of 5,467 hours (3.625 hours per response
× 1,508 responses).
We estimate that it takes
approximately 12.4 hours per response
to prepare a Schedule 13G and it is filed
by approximately 7,079 filers. In
addition, we estimate 25% of the 12.4
hours per response (3.1 hours per
response) is carried internally by the
filer for a total annual reporting burden
of 21,945 hours (3.1 hours per response
× 7,079 responses),
The Schedules combined are filed by
8,587 filers and they take approximately
12.769 hours per response. In addition,

E:\FR\FM\27OCN1.SGM

27OCN1

Federal Register / Vol. 88, No. 207 / Friday, October 27, 2023 / Notices
we estimate 25% of the 12.769 (3.19225
hours per response) is carried internally
by the filer for a total annual reporting
burden of 27,412 hours (3.1923 hours
per response × 8,587 responses). The
estimated burden hours are made solely
for purposes of the Paperwork
Reduction Act and are not derived from
a comprehensive or even a
representative survey or study of the
costs of Commission rules and forms.
An agency may 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 by November 27, 2023 to (i)
www.reginfo.gov/public/do/PRAMain
and (ii) David Bottom, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o John
Pezzullo, 100 F Street NE, Washington,
DC 20549, or by sending an email to:
[email protected].
Dated: October 23, 2023.
Sherry R. Haywood,
Assistant Secretary.

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 Equities’’)
proposes to amend its Fees 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.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant aspects of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change

[FR Doc. 2023–23712 Filed 10–26–23; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–98782; File No. SR–
CboeEDGX–2023–065]

Self-Regulatory Organizations; Cboe
EDGX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change To Amend Its
Fees Schedule Related to Physical
Port Fees

1. Purpose
The Exchange proposes to amend its
fee schedule relating to physical
connectivity fees.3
By way of background, a physical port
is utilized by a Member or non-Member
to connect to the Exchange at the data
centers where the Exchange’s servers are
located. The Exchange currently
assesses the following physical
connectivity fees for Members and nonMembers on a monthly basis: $2,500 per

ddrumheller on DSK120RN23PROD with NOTICES1

October 23, 2023.

Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on October
16, 2023, Cboe EDGX Exchange, Inc.
(the ‘‘Exchange’’ or ‘‘EDGX Equities’’)
filed with the Securities and Exchange
Commission (‘‘Commission’’) the
proposed rule change as described in
Items I, II, and III below, which Items
1 15
2 17

U.S.C. 78s(b)(1).
CFR 240.19b–4.

VerDate Sep<11>2014

17:44 Oct 26, 2023

Jkt 262001

3 The Exchange initially filed the proposed fee
changes on July 3, 2023 (SR–CboeEDGX–2023–044).
On September 1, 2023, the Exchange withdrew that
filing and submitted SR–CboeEDGX–2023–057. On
September 29, 2023, the Securities and Exchange
Commission issued a Suspension of and Order
Instituting Proceedings to Determine whether to
Approve or Disapprove a Proposed Rule Change to
Amend its Fees Schedule Related to Physical Port
Fees (the ‘‘OIP’’). On September 29, 2023, the
Exchange filed the proposed fee change (SR–
CboeEDGX–2023–62). On October 13, 2023, the
Exchange withdrew that filing and on business date
October 16, 2023 submitted this filing. No comment
letters were received in connection with any of the
foregoing rule filings.

PO 00000

Frm 00103

Fmt 4703

Sfmt 4703

73925

physical port for a 1 gigabit (‘‘Gb’’)
circuit and $7,500 per physical port for
a 10 Gb circuit. The Exchange proposes
to increase the monthly fee for 10 Gb
physical ports from $7,500 to $8,500 per
port. The Exchange notes the proposed
fee change better enables it to continue
to maintain and improve its market
technology and services and also notes
that the proposed fee amount, even as
amended, continues to be in line with,
or even lower than, amounts assessed by
other exchanges for similar
connections.4 The physical ports may
also be used to access the Systems for
the following affiliate exchanges and
only one monthly fee currently (and
will continue) to apply per port: the
Exchange’s options platform (EDGX
Options), Cboe BZX Exchange, Inc.
(options and equities platforms), Cboe
BYX Exchange, Inc., Cboe EDGA
Exchange, Inc., and Cboe C2 Exchange,
Inc. (‘‘Affiliate Exchanges’’).5
2. Statutory Basis
The Exchange believes the proposed
rule change is consistent with the
Securities Exchange Act of 1934 (the
‘‘Act’’) and the rules and regulations
thereunder applicable to the Exchange
and, in particular, the requirements of
Section 6(b) of the Act.6 Specifically,
the Exchange believes the proposed rule
change is consistent with the Section
6(b)(5) 7 requirements that the rules of
an exchange be designed to prevent
fraudulent and manipulative acts and
practices, to promote just and equitable
principles of trade, to foster cooperation
and coordination with persons engaged
in regulating, clearing, settling,
processing information with respect to,
and facilitating transactions in
securities, to remove impediments to
and perfect the mechanism of a free and
open market and a national market
system, and, in general, to protect
investors and the public interest.
Additionally, the Exchange believes the
proposed rule change is consistent with
the Section 6(b)(5) 8 requirement that
4 See e.g., The Nasdaq Stock Market LLC
(‘‘Nasdaq’’), General 8, Connectivity to the
Exchange. Nasdaq and its affiliated exchanges
charge a monthly fee of $15,000 for each 10Gb Ultra
fiber connection to the respective exchange, which
is analogous to the Exchange’s 10Gb physical port.
See also New York Stock Exchange LLC, NYSE
American LLC, NYSE Arca, Inc., NYSE Chicago
Inc., NYSE National, Inc. Connectivity Fee
Schedule, which provides that 10 Gb LX LCN
Circuits (which are analogous to the Exchange’s 10
Gb physical port) are assessed $22,000 per month,
per port.
5 The Affiliate Exchanges are also submitting
contemporaneous identical rule filings.
6 15 U.S.C. 78f(b).
7 15 U.S.C. 78f(b)(5).
8 Id.

E:\FR\FM\27OCN1.SGM

27OCN1