60 Day Notice

89 FR 45929 (OMB 3235-0622).pdf

Interagency Statement on Sound Practices Concerning Complex Structured Finance Activities

60 Day Notice

OMB: 3235-0622

Document [pdf]
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Federal Register / Vol. 89, No. 102 / Friday, May 24, 2024 / Notices
Members of the public may request to
receive the information in these notices
electronically. If you would like to be
added to the distribution, please contact
the Nuclear Regulatory Commission,
Office of the Secretary, Washington, DC
20555, at 301–415–1969, or by email at
[email protected] or
[email protected].
MATTERS TO BE CONSIDERED:

Dated: May 22, 2024.
For the Nuclear Regulatory Commission.
Wesley W. Held,
Policy Coordinator, Office of the Secretary.

Week of May 27, 2024

[SEC File No. 270–560, OMB Control No.
3235–0622]

There are no meetings scheduled for
the week of May 27, 2024.
Week of June 3, 2024—Tentative
Tuesday, June 4, 2024
10:00 a.m. Briefing on Human Capital
and Equal Employment
Opportunity (Public Meeting)
(Contact: Angie Randall: 301–415–
6806).
Additional Information: The meeting
will be held in the Commissioners’
Hearing Room, 11555 Rockville Pike,
Rockville, Maryland. The public is
invited to attend the Commission’s
meeting in person or watch live via
webcast at the Web address—https://
video.nrc.gov/.
Friday, June 7, 2024
10:00 a.m. Meeting with Advisory
Committee on Reactor Safeguards
(Public Meeting) (Contact: Robert
Krsek: 301–415–1766).
Additional Information: The meeting
will be held in the Commissioners’
Hearing Room, 11555 Rockville Pike,
Rockville, Maryland. The public is
invited to attend the Commission’s
meeting in person or watch live via
webcast at the Web address—https://
video.nrc.gov/.
Week of June 10, 2024—Tentative
There are no meetings scheduled for
the week of June 10, 2024.
Week of June 17, 2024—Tentative
There are no meetings scheduled for
the week of June 17, 2024.
Week of June 24, 2024—Tentative
There are no meetings scheduled for
the week of June 24, 2024.

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Week of July 1, 2024—Tentative
There are no meetings scheduled for
the week of July 1, 2024.
CONTACT PERSON FOR MORE INFORMATION:

For more information or to verify the
status of meetings, contact Wesley Held
at 301–287–3591 or via email at
[email protected].
The NRC is holding the meetings
under the authority of the Government
in the Sunshine Act, 5 U.S.C. 552b.

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[FR Doc. 2024–11613 Filed 5–22–24; 4:15 pm]
BILLING CODE 7590–01–P

SECURITIES AND EXCHANGE
COMMISSION

Proposed Collection; Comment
Request; Extension: Interagency
Statement on Sound Practices
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
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the existing collection of information
provided for in the Interagency
Statement on Sound Practices
Concerning Elevated Risk Complex
Structured Finance Transactions
(‘‘Statement’’) under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.) and the Investment Advisers Act of
1940 (15 U.S.C. 80b et seq.). The
Commission plans to submit this
existing collection of information to the
Office of Management and Budget
(‘‘OMB’’) for extension and approval.
The Statement was issued by the
Commission, together with the Office of
the Comptroller of the Currency, the
Board of Governors of the Federal
Reserve System, the Federal Deposit
Insurance Corporation, and the Office of
Thrift Supervision (together, the
‘‘Agencies’’), in May 2006. The
Statement describes the types of internal
controls and risk management
procedures that the Agencies believe are
particularly effective in assisting
financial institutions to identify and
address the reputational, legal, and
other risks associated with elevated risk
complex structured finance
transactions.
The primary purpose of the Statement
is to ensure that these transactions
receive enhanced scrutiny by the
institution and to ensure that the
institution does not participate in illegal
or inappropriate transactions.
The Commission estimates that
approximately 5 registered brokerdealers or investment advisers will
spend an average of approximately 25
hours per year complying with the

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45929

Statement. Thus, the total time burden
is estimated to be approximately 125
hours per year.
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 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 by
July 23, 2024.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
Please direct your written comments
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: May 21, 2024.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024–11469 Filed 5–23–24; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–656, OMB Control No.
3235–0715]

Proposed Collection; Comment
Request; Extension: Rule 3a71–6
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
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the existing collection of information
provided for in Rule 3a71–6 (17 CFR
240.3a71–6), under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.). The Commission plans to submit
this existing collection of information to
the Office of Management and Budget
(‘‘OMB’’) for extension and approval.

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45930

Federal Register / Vol. 89, No. 102 / Friday, May 24, 2024 / Notices

Rule 3a71–6 provides that non-U.S.
security-based swap dealers and major
security-based swap participants may
comply with certain Exchange Act
requirements via compliance with
requirements of a foreign financial
regulatory system that the Commission
has determined by order to be
comparable to those Exchange Act
requirements, taking into account the
scope and objectives of the relevant
foreign requirements, and the
effectiveness of supervision and
enforcement under the foreign
regulatory regime.
Requests for substituted compliance
may come from parties or groups of
parties that may rely on substituted
compliance, or from foreign financial
authorities supervising such parties or
their security-based swap activities. In
practice, the Commission continues to
expect that the greater portion of any
such substituted compliance requests
will be submitted by foreign financial
authorities. For purposes of the PRA,
the Commission continues to estimate
that three security-based swap dealers
or major security-based swap
participants will submit substituted
compliance applications.
The Commission staff estimates that
the total annual time burden associated
with Rule 3a71–6 is 240 hours per year
and the total annual cost burden
associated with Rule 3a71–6 is $350,400
per year.
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 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 by
July 23, 2024.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
Please direct your written comments
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].

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Dated: May 21, 2024.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024–11470 Filed 5–23–24; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–100182; File No. SR–
CboeEDGX–2024–026]

Self-Regulatory Organizations; Cboe
EDGX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change To Introduce a
New Connectivity Offering Through
Dedicated Cores
May 20, 2024.

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 May 10,
2024, 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 and II
below, which Items have been prepared
by the Exchange. The Exchange filed the
proposal as a ‘‘non-controversial’’
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 EDGX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘EDGX’’) proposes to
introduce a new connectivity offering. A
notice of the proposed rule change for
publication in the Federal Register is
attached as Exhibit 1 [sic].
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
1 15

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

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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
1. Purpose
The Exchange proposes to introduce a
new connectivity offering relating to the
use of Dedicated Cores. By way of
background, all Central Processing Units
(‘‘CPU Cores’’) have historically been
shared by logical order entry ports (i.e.,
multiple logical ports from multiple
firms may connect to a single CPU
Core). Starting June 3, 2024, the
Exchange will allow Users 5 to assign a
single Binary Order Entry (‘‘BOE’’)
logical order entry port 6 to a single
dedicated CPU Core (‘‘Dedicated
Core’’).7 Use of Dedicated Cores can
provide reduced latency, enhanced
throughput, and improved performance
since a firm using a Dedicated Core is
utilizing the full processing power of a
CPU Core instead of sharing that power
with other firms. This offering is
completely voluntary and will be
available to all Users.8 Users will also
continue to have the option to utilize
BOE logical order entry ports on shared
CPU Cores as they do today, either in
lieu of, or in addition to, their use of
Dedicated Core(s). As such, Users will
be able to operate across a mix of shared
and dedicated CPU Cores which the
Exchange believes provides additional
risk and capacity management,
especially during times of market
5 A User may be either a Member or Sponsored
Participant. The term ‘‘Member’’ shall mean any
registered broker or dealer that has been admitted
to membership in the Exchange, limited liability
company or other organization which is a registered
broker or dealer pursuant to Section 15 of the Act,
and which has been approved by the Exchange. A
Sponsored Participant may be a Member or nonMember of the Exchange whose direct electronic
access to the Exchange is authorized by a
Sponsoring Member subject to certain conditions.
See Exchange Rule 11.3.
6 Users may currently connect to the Exchange
using a logical port available through an application
programming interface (‘‘API’’), such as the Binary
Order Entry (‘‘BOE’’) protocol. A BOE logical order
entry port is used for order entry.
7 The Exchange notes that firms will not have
physical access to their Dedicated Core and thus
cannot make any modifications to the Dedicated
Core or server. All Dedicated Cores (including
servers used for this service) are owned and
operated by the Exchange.
8 The Exchange intends to submit a separate rule
filing to adopt monthly fees related to the use of
Dedicated Cores.

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