Federal Register 30-Day Notice

10842

Federal Register / Vol. 90, No. 38 / Thursday, February 27, 2025 / Notices

collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
The public may view and comment
on this information collection request
at: https://www.reginfo.gov/public/do/
PRAViewICR?ref_nbr=202410-3235-012
or send an email comment to
MBX.OMB.OIRA.SEC_desk_officer@
omb.eop.gov within 30 days of the day
after publication of this notice by March
31, 2025.
Dated: February 21, 2025.
Sherry Haywood,
Assistant Secretary.
[FR Doc. 2025–03135 Filed 2–26–25; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–017, OMB Control No.
3235–0017]

ddrumheller on DSK120RN23PROD with NOTICES1

Submission for OMB Review;
Comment Request; Extension: Rules
6a–1 and 6a–2, Form 1
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 6a–1 (17 CFR 240.6a–1), Rule 6a–
2 (17 CFR 240.6a–2), and Form 1 (17
CFR 249.1) under the Securities
Exchange Act of 1934 (‘‘Exchange Act’’)
(15 U.S.C. 78a et seq.).
The Exchange Act sets forth a
regulatory scheme for national securities
exchanges. Rule 6a–1 under the
Exchange Act generally requires an
applicant for initial registration as a
national securities exchange to file an
application with the Commission on
Form 1. An exchange that seeks an
exemption from registration based on
limited trading volume also must apply
for such exemption on Form 1. Rule 6a–
2 under the Exchange Act requires
registered and exempt exchanges: (1) to
amend the Form 1 if there are any
material changes to the information
provided in the initial Form 1; and (2)
to submit periodic updates of certain
information provided in the initial Form
1, whether such information has
changed or not. The information

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required pursuant to Rules 6a–1 and 6a–
2 is necessary to enable the Commission
to maintain accurate files regarding the
exchange and to exercise its statutory
oversight functions. Without the
information submitted pursuant to Rule
6a–1 on Form 1, the Commission would
not be able to determine whether the
respondent has met the criteria for
registration (or an exemption from
registration) set forth in Section 6 of the
Exchange Act. The amendments and
periodic updates of information
submitted pursuant to Rule 6a–2 are
necessary to assist the Commission in
determining whether a national
securities exchange or exempt exchange
is continuing to operate in compliance
with the Exchange Act.
Initial filings on Form 1 by
prospective exchanges are made on a
one-time basis. The Commission
estimates that it will receive
approximately one initial Form 1 filing
per year and that each respondent
would incur an average burden of 880
hours to file an initial Form 1.
Therefore, the Commission estimates
that the annual burden for all
respondents to file the initial Form 1
would be 880 hours (one response/
respondent × one respondent × 880
hours/response).
There currently are 26 entities
registered as national securities
exchanges. The Commission estimates
that each registered or exempt exchange
files eleven amendments or periodic
updates to Form 1 per year, incurring an
average burden of 25 hours per
amendment to comply with Rule 6a–2.
The Commission estimates that the
annual burden for all respondents to file
amendments and periodic updates to
the Form 1 pursuant to Rule 6a–2 would
be 7,150 hours (26 respondents × 25
hours/response × 11 responses/
respondent per year).
The total estimated annual time
burden associated with Rules 6a–1 and
6a–2 is thus approximately 8,030 hours
(880 + 7,150).
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 and comment
on this information collection request
at: https://www.reginfo.gov/public/do/
PRAViewICR?ref_nbr=202407-3235-025
or send an email comment to
MBX.OMB.OIRA.SEC_desk_officer@
omb.eop.gov within 30 days of the day
after publication of this notice by March
31, 2025.

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Dated: February 21, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025–03140 Filed 2–26–25; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–102471; File No. SR–
NYSEARCA–2025–14]

Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Modify the NYSE Arca
Options Fee Schedule
February 21, 2025.

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 February
14, 2025, NYSE Arca, Inc. (‘‘NYSE
Arca’’ or ‘‘Exchange’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Item I below,
which Item has been substantially
prepared by the Exchange. The
Exchange has designated this proposal
for immediate effectiveness pursuant to
Section 19(b)(3)(A) of the Act 3 and Rule
19b–4(f) 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
The Exchange proposes to modify the
NYSE Arca Options Fee Schedule (‘‘Fee
Schedule’’) to modify certain
qualification bases applicable to the
Customer Penny Posting Credit Tiers,
Customer Posting Credit Tiers in NonPenny Issues, and Customer Incentive
Program to reduce the requisite average
daily volume (‘‘ADV’’) and exclude subdollar securities from such calculation.
The Exchange proposes to implement
the fee change effective February 14,
2025.5
1 15

U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A).
4 17 CFR 240.19b–4(f). At any time within 60 days
of the filing of the proposed rule change, the
Commission summarily may temporarily suspend
such rule change if it appears to the Commission
that such action is necessary or appropriate in the
public interest, for the protection of investors, or
otherwise in furtherance of the purposes of the Act.
If the Commission takes such action, the
Commission will institute proceedings to determine
whether the proposed rule change should be
approved or disapproved.
5 On February 3, 2025, the Exchange filed to
amend the Fee Schedule (NYSEARCA–2025–11)
and withdrew such filing on February 14, 2025.
2 17

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