Federal Register 60-Day Notice

2025 06 30_90 FR 27894_3235-0522_60-Day Collection Notice.pdf

Rule 701-Exemption for offers and sales of securities pursuant to certain compensatory benefit plans and contracts relating to compensation

Federal Register 60-Day Notice

OMB: 3235-0522

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27894

Federal Register / Vol. 90, No. 123 / Monday, June 30, 2025 / Notices

Comments may be submitted by any
of the following methods:

SECURITIES AND EXCHANGE
COMMISSION

Electronic Comments

[OMB Control No. 3235–0522]

• Use the Commission’s internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include file number SR–
CboeBZX–2025–050 on the subject line.

Proposed Collection; Comment
Request; Extension: Rule 701,
Exemption for Offers and Sales of
Securities Pursuant To Certain
Compensatory Benefit Plans and
Contracts Relating to Compensation

Paper Comments

khammond on DSK9W7S144PROD with NOTICES

• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE,
Washington, DC 20549–1090.
All submissions should refer to file
number SR–CboeBZX–2025–050. This
file number should be included on the
subject line if email is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
internet website (https://www.sec.gov/
rules/sro.shtml). Copies of the
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–CboeBZX–2025–050 and should be
submitted on or before July 21, 2025
Rebuttal comments should be submitted
by August 4, 2025.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.13
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025–12002 Filed 6–27–25; 8:45 am]
BILLING CODE 8011–01–P
13 17

CFR 200.30–3(a)(57).

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16:25 Jun 27, 2025

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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’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget (‘‘OMB’’) for
extension and approval.
Rule 701 (17 CFR 230.701) under the
Securities Act of 1933 (‘‘Securities Act’’)
(15 U.S.C. 77a et seq.) provides an
exemption for certain issuers from the
registration requirements of the
Securities Act for limited offerings and
sales of securities issued under
compensatory benefit plans or contracts.
The purpose of Rule 701 is to enable
issuers that are not reporting companies
under the Securities Exchange Act of
1934 to compensate employees and
others without registering an offer and
sale of securities under the Securities
Act, while requiring issuers, as a
condition of reliance on the rule, to
provide investors with certain
information that is important to
investment decision making. We
estimate that approximately 3,725
issuers annually rely on the Rule 701
exemption and that it takes
approximately two hours to prepare
each response. We estimate that 25% of
the 2 hours per response (0.5 hours) is
prepared by the issuer for a total annual
burden of 1,863 hours (0.5 hours per
response × 3,725 responses). We
estimate that 75% of the two hours per
response (1.5 hours) is carried by
outside professionals retained by the
issuer at an estimated cost of $600 per
hour, for a total annual cost burden of
$3,352,500 (1.5 hours per response ×
$600 per hour × 3,725 responses
annually).
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless it displays a currently valid OMB
control number.

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Written comments are invited on: (a)
whether this proposed 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.
Please direct your written comments
on this 60-Day Collection Notice to
Austin Gerig, Director/Chief Data
Officer, Securities and Exchange
Commission, c/o Tanya Ruttenberg via
email to PaperworkReductionAct@
sec.gov by August 29, 2025. There will
be a second opportunity to comment on
this SEC request following the Federal
Register publishing a 30-Day
Submission Notice.
Dated: June 25, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025–12007 Filed 6–27–25; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–103321; File No. SR–
CboeEDGX–2025–047]

Self-Regulatory Organizations; Cboe
EDGX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change To Introduce a
One-Minute Interval Intraday OpenClose Report
June 25, 2025.

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 June 13,
2025, 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
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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