30 Day Notice

80980

Federal Register / Vol. 89, No. 193 / Friday, October 4, 2024 / Notices

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
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
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–NASDAQ–2024–028 and should be
submitted on or before October 25,
2024. Rebuttal comments should be
submitted by November 8, 2024.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.43
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024–22903 Filed 10–3–24; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–263, OMB Control No.
3235–0275]

khammond on DSKJM1Z7X2PROD with NOTICES

Submission for OMB Review;
Comment Request; Extension: Rule
17Ad–13
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’’) 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 17Ad–13 (17 CFR 240.17Ad–13),
43 17 CFR 200.30–3(a)(12); 17 CFR 200.30–
3(a)(57).

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under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.).
Rule 17Ad–13 requires certain
registered transfer agents to file
annually with the Commission and the
transfer agent’s appropriate regulatory
authority a report prepared by an
independent accountant on the basis of
a study and evaluation of the transfer
agent’s system of internal accounting
controls for the transfer of record
ownership and the safeguarding of
related securities and funds. If the
independent accountant’s report
specifies any material inadequacy in a
transfer agent’s system, the rule requires
the transfer agent to notify the
Commission and its appropriate
regulatory agency in writing, within
sixty calendar days after the transfer
agent receives the independent
accountant’s report, of any corrective
action taken or proposed to be taken by
the transfer agent. In addition, Rule
17Ad–13 requires that transfer agents
maintain the independent accountant’s
report and any other documents
required by the rule for at least three
years, the first year in an easily
accessible place. These recordkeeping
requirements assist the Commission and
other regulatory agencies with
monitoring transfer agents and ensuring
compliance with the rule. Small transfer
agents and transfer agents that service
only their own companies’ securities are
exempt from Rule 17Ad–13.
Approximately 100 professional
independent transfer agents must file
with the Commission one report
prepared by an independent accountant
pursuant to Rule 17Ad–13 each year.
Commission staff estimates that, on
average, the annual internal time burden
for each transfer agent to submit the
independent accountant’s report to the
Commission is minimal or zero. The
time required for an independent
accountant to conduct the study and
evaluation of a transfer agent’s system of
internal accounting controls and
complete the report varies depending on
the size and nature of the transfer
agent’s operations. Commission staff
estimates that, on average, each Rule
17Ad–13 report can be completed by the
independent accountant in 120 hours.
In light of Commission staff’s review of
previously filed Rule 17Ad–13 reports
and Commission staff’s conversations
with transfer agents and accountants,
Commission staff estimates that 120
hours are needed to perform the study
and prepare the report on an annual
basis. Commission staff estimates that
the average hourly rate of an
independent accountant is $291,
resulting in a total annual external cost
burden of $34,920 for each of the

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approximately 100 professional
independent transfer agents. The
aggregate total annual external cost for
the 100 respondents is approximately
$3,492,000.
The retention period for the
recordkeeping requirement under Rule
17Ad–13 is three years following the
date of a report prepared pursuant to the
rule. The recordkeeping requirement
under this rule is mandatory to assist
the Commission and other regulatory
agencies with monitoring transfer agents
and ensuring compliance with the rule.
This rule does not involve the collection
of confidential information.
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.
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 by
November 4, 2024 to (i)
www.reginfo.gov/public/do/PRAMain
and (ii) Austin Gerig, Director/Chief
Data Officer, Securities and Exchange
Commission, c/o Oluwaseun Ajayi, 100
F Street NE, Washington, DC 20549, or
by sending an email to: PRA_Mailbox@
sec.gov.
Dated: October 1, 2024.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024–23005 Filed 10–3–24; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–544, OMB Control No.
3235–0604]

Submission for OMB Review;
Comment Request; Extension:
Exchange Act Form 10–D
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

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