Federal Register 30-Day Notice

Federal Register / Vol. 90, No. 39 / Friday, February 28, 2025 / Notices
submissions should refer to file number
SR–NASDAQ–2025–017 and should be
submitted on or before March 21, 2025.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025–03229 Filed 2–27–25; 8:45 am]
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Sunshine Act Meeting; Cancellation
FEDERAL REGISTER CITATION OF PREVIOUS
ANNOUNCEMENT: 90 FR 10544, February

20, 2025.
PREVIOUSLY ANNOUNCED TIME AND DATE OF
THE MEETING: Wednesday, February 26,

2025, at 10:00 a.m.
The Open
Meeting scheduled for Wednesday,
February 26, 2025 at 10:00 a.m. has been
cancelled.
CONTACT PERSON FOR MORE INFORMATION:
For further information; please contact
Vanessa A. Countryman from the Office
of the Secretary at (202) 551–5400.
Authority: 5 U.S.C. 552b.
CHANGES IN THE MEETING:

Dated: February 25, 2025.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2025–03352 Filed 2–26–25; 11:15 am]
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[SEC File No. 270–261, OMB Control No.
3235–0274]

khammond on DSK9W7S144PROD with NOTICES

Submission for OMB Review;
Comment Request; Extension: Rule
17Ad–11
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–11 (17 CFR 240.17Ad–11),
under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.).
11 17

CFR 200.30–3(a)(12) and (59).

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Rule 17Ad–11 requires every
registered recordkeeping transfer agent
to report certain information to issuers
and its appropriate regulatory agency in
the event that the aggregate market
value of an ‘‘aged record difference’’
exceeds certain thresholds. A ‘‘record
difference’’ occurs when the number of
shares or principal dollar amount of
securities in an issuer’s records do not
equal those in the master securityholder
file as indicated, for instance, on
certificates presented to the transfer
agent for purchase, redemption, or
transfer. An ‘‘aged record difference’’ is
a record difference that has existed for
more than 30 calendar days. In addition,
the rule requires every registered
recordkeeping transfer agent to report
certain information to issuers and its
appropriate regulatory agency
concerning buy-ins of all issues for
which it acts as recordkeeping transfer
agent. Further, the rule requires every
registered recordkeeping transfer agent
to report to its appropriate regulatory
agency when it has failed to post
certificate detail to the master
securityholder file within five business
days of the time required by Rule 17Ad–
10 (17 CFR 240.17Ad–10). Transfer
agents must also maintain a copy of any
report required under Rule 17Ad–11 for
a period of not less than three years
following the date of the report, the first
year in an easily accessible place.
Because the information required by
Rule 17Ad–11 is already available to
transfer agents, any collection burden
for small transfer agents is minimal.
Based on a review of the number of Rule
17Ad–11 reports the Commission, the
Comptroller of the Currency, the Board
of Governors of the Federal Reserve
System, and the Federal Deposit
Insurance Corporation (collectively, the
‘‘appropriate regulatory agencies’’)
received since 2019, the Commission
staff estimates that 8 respondents will
file a total of approximately 1 report
annually. The Commission staff
estimates that, on average, each report
can be completed in 30 minutes.
Therefore, the total annual time burden
for the entire transfer agent industry is
approximately .5 hours (0.5 hours × 1
report). Assuming an average hourly
rate of $78 for a compliance staff
employee at a transfer agent, the average
total internal compliance cost for each
report is $39. The total annual internal
cost of compliance for the estimated 8
respondents is thus approximately $39
($39 per report × 1 report).
The retention period for the
recordkeeping requirement under Rule
17Ad–11 is not less than three years
following the date of a report prepared
pursuant to the rule. The recordkeeping

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requirement under Rule 17Ad–11 is
mandatory to assist the Commission and
other regulatory agencies in monitoring
transfer agents who are not performing
their functions promptly and accurately.
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.
Written comments are invited on: (a)
whether this 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.
The public may view and comment
on this information collection request
at: https://www.reginfo.gov/public/do/
PRAViewICR?ref_nbr=202411-3235-013
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 25, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025–03278 Filed 2–27–25; 8:45 am]
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[SEC File No. 270–329, OMB Control No.
3235–0371]

Submission for OMB Review;
Comment Request; Extension: Rule
15a–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’’) 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 15a–6 (17 CFR 240.15a–6) under

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