Download:
pdf |
pdfFederal Register / Vol. 90, No. 170 / Friday, September 5, 2025 / Notices
such services from these third parties.
The Exchange would not take any
actions to block or prevent such third
parties from providing their services.
In addition, there is no requirement
that any User or potential User purchase
the services proposed in this filing. As
noted above, the Exchange is proposing
such services as a convenience to Users
and potential Users who have
specifically indicated their preference to
buy such services from FIDS instead of
from a different vendor, and to pay FIDS
a fee for facilitating that arrangement. If
a User believes the 10% service fee is
too high, it has the option of acquiring
the services it needs by contracting
directly with vendors or specialists
instead.
lotter on DSK11XQN23PROD with NOTICES1
The Proposed Change Is an Equitable
Allocation of Fees and Credits
The Exchange believes that its
proposal equitably allocates its fees
among Users. The Exchange believes
that the proposed fees are equitable
because they would not apply
differently to distinct types or sizes of
Users. Rather, it would apply equally to
any Users who opted to purchase the
proposed services.
In addition, the Exchange believes
that the proposal is equitable because
only market participants that
voluntarily select to use the proposed
hardware procurement services or the
managed services would be charged for
them. The proposed services would be
available to all Users on an equal basis,
and all Users that voluntarily choose to
use the proposed services would be
charged the fees incurred on their behalf
by the Procurement Specialist or the
Managed Services Specialist, plus the
same 10% service fee payable to FIDS.
The User or prospective User would
have the opportunity to review all terms
before deciding whether to proceed.
The Proposed Change Is Not Unfairly
Discriminatory
The Exchange believes its proposal is
not unfairly discriminatory. The
proposed change does not apply
differently to different types or sizes of
Users. Rather, it would apply to all
Users equally.
In addition, the Exchange believes
that the proposal is not unfairly
discriminatory because only Users that
voluntarily select to receive the
proposed services would be charged for
them. The proposed services would be
available to all Users on an equal basis,
and all Users that voluntarily choose to
use the service would be charged the
fees incurred on their behalf by the
Procurement Specialist or the Managed
Services Specialist, plus the same 10%
VerDate Sep<11>2014
18:48 Sep 04, 2025
Jkt 265001
43001
service fee payable to FIDS. The User or
prospective User would have the
opportunity to review all terms before
deciding whether to proceed.
For all these reasons, the Exchange
believes that the proposal is consistent
with the Act.
Electronic Comments
• 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–
NYSE–2025–34 on the subject line.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
Paper Comments
• 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–NYSE–2025–34. 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 filing 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–NYSE–2025–34 and
should be submitted on or before
September 26, 2025.
In accordance with Section 6(b)(8) of
the Act,16 the Exchange believes that the
proposed rule change will not impose
any burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act. The
proposed change would not affect
competition among national securities
exchanges or among members of the
Exchange. Rather, the Exchange believes
that by offering the proposed services, it
will provide an alternate, non-exclusive
method for Users who wish to purchase
hardware procurement services or
managed services to obtain such
services in the MDC, in addition to the
numerous third-party vendors from
whom Users can obtain such services
directly.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were solicited
or received with respect to the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Within 45 days of the date of
publication of this notice in the Federal
Register or within such longer period
up to 90 days (i) as the Commission may
designate if it finds such longer period
to be appropriate and publishes its
reasons for so finding or (ii) as to which
the self-regulatory organization
consents, the Commission will:
(A) by order approve or disapprove
the proposed rule change, or
(B) institute proceedings to determine
whether the proposed rule change
should be disapproved.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
16 15
PO 00000
U.S.C. 78f(b)(8).
Frm 00071
Fmt 4703
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.17
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025–16999 Filed 9–4–25; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[OMB Control No. 3235–0108]
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Revision:
Rule 14f–1—Change in Majority of
Directors
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.) (‘‘PRA’’), the
Securities and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget
17 17
Sfmt 4703
E:\FR\FM\05SEN1.SGM
CFR 200.30–3(a)(12).
05SEN1
43002
Federal Register / Vol. 90, No. 170 / Friday, September 5, 2025 / Notices
(‘‘OMB’’) this request for extension of
the previously approved collection of
information. The Commission also is
requesting approval from OMB to
designate this existing collection of
information (OMB Control No. 3235–
0108) as a ‘‘common form’’ for purposes
of PRA submissions 1 because the Board
of Governors of the Federal Reserve
System uses this information collection
(under OMB Control No. 7100–0091).
Under Securities Exchange Act of
1934 (‘‘Exchange Act’’) Rule 14f–1 (17
CFR 240.14f–1), if, pursuant to any
arrangement or understanding with a
person or persons acquiring securities of
an issuer in a transaction subject to
Section 13(d) or 14(d) of the Exchange
Act, persons constituting a majority of
the issuer’s directors are to be elected or
designated as issuer directors, otherwise
than at a meeting of security holders,
then, not less than 10 days prior to the
date any such person takes office as a
director, or such shorter period as the
Commission may authorize, the issuer
must file with the Commission and
transmit to all holders of record of
securities of the issuer information,
primarily concerning prospective new
directors of the issuer, required by Rule
14f–1. The information required by Rule
14f–1 is mandatory, and filings made in
response to Rule 14f–1 are publicly
available on the Commission’s
Electronic Data Gathering, Analysis, and
Retrieval system. We estimate that it
takes approximately 18 burden hours to
provide the information required under
Rule 14f–1 and that the information is
filed by approximately 21 respondents
annually for a total annual burden of
378 hours (18 hours per response × 21
responses).
lotter on DSK11XQN23PROD with NOTICES1
1 See
ROCIS PRA Module User Guide v.8.2, at
110–111 (Mar. 2024), available at https://
www.rocis.gov/rocis/viewResources.do (‘‘A
‘common form’ is an information collection that can
be used by two or more agencies, or governmentwide, for the same purpose. The Common Forms
Module [in ROCIS] allows a ‘host’ agency to obtain
[OMB] approval of an information collection for use
by one or more ‘using’ agencies. After OMB grants
approval, any prospective using agency that seeks
to collect identical information for the same
purpose can obtain approval to use the ‘common
form’ by providing its agency-specific information
to OMB (e.g., burden estimates and number of
respondents). The host agency will indicate in the
Federal Register notices that it is requesting
approval of a common form and, if known, identify
other agencies that may use the information
collection. Both the Federal Register notices and
the ICR should account only for the burden
imposed by the host agency’s use of the common
form. Once the host agency has received approval
from OMB, any agency will be able to request OMB
approval for its use of the common form in ROCIS
by providing its agency specific information to
OMB (e.g., burden estimates and number of
respondents). Additional public notice by those
agencies will not be required.’’).
VerDate Sep<11>2014
18:48 Sep 04, 2025
Jkt 265001
An agency may conduct or sponsor,
and a person is not required to respond
to, a collection of information unless it
displays a currently valid control
number.
The public may view and comment
on this information collection request at
https://www.reginfo.gov/public/do/
PRAViewICR?ref_nbr=202506-3235-006
or may 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
October 6, 2025.
Dated: September 3, 2025.
Sherry Haywood,
Assistant Secretary.
[FR Doc. 2025–17031 Filed 9–4–25; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Investment Company Act Release No.
35735; File No. 812–15801
HarbourVest Private Investments
Fund, et al.
September 2, 2025.
Securities and Exchange
Commission (‘‘Commission’’ or ‘‘SEC’’).
ACTION: Notice.
AGENCY:
Notice of application for an order
under sections 17(d) and 57(i) of the
Investment Company Act of 1940 (the
‘‘Act’’) and rule 17d–1 under the Act to
permit certain joint transactions
otherwise prohibited by sections 17(d)
and 57(a)(4) of the Act and rule 17d–1
under the Act.
Summary of Application: Applicants
request an order to permit certain
business development companies
(‘‘BDCs’’) and closed-end management
investment companies to co-invest in
portfolio companies with each other and
with certain affiliated investment
entities.
Applicants: HarbourVest Private
Investments Fund, HarbourVest
Registered Advisers L.P., HarbourVest
Partners, LLC, HarbourVest Partners
L.P., HarbourVest Advisers L.P.,
HarbourVest Partners (Ireland) Limited,
HarbourVest Partners (Canada) Limited,
and certain of their affiliated entities as
described in Appendix A to the
application.
Filing Dates: The application was filed
on May 15, 2025, and amended on
August 28, 2025.
Hearing or Notification of Hearing: An
order granting the requested relief will
be issued unless the Commission orders
a hearing. Interested persons may
PO 00000
Frm 00072
Fmt 4703
Sfmt 9990
request a hearing on any application by
emailing the SEC’s Secretary at
[email protected] and serving
the Applicants with a copy of the
request by email, if an email address is
listed for the relevant Applicant below,
or personally or by mail, if a physical
address is listed for the relevant
Applicant below. Hearing requests
should be received by the Commission
by 5:30 p.m. on September 29, 2025,
and should be accompanied by proof of
service on the Applicants, in the form
of an affidavit or, for lawyers, a
certificate of service. Pursuant to rule 0–
5 under the Act, hearing requests should
state the nature of the writer’s interest,
any facts bearing upon the desirability
of a hearing on the matter, the reason for
the request, and the issues contested.
Persons who wish to be notified of a
hearing may request notification by
emailing the Commission’s Secretary at
[email protected].
The Commission:
[email protected]. Applicants:
Monique Austin, maustin@
harbourvest.com, and Daniel Chisolm,
[email protected],
HarbourVest Private Investments Fund,
[email protected], and Rajib
Chanda, [email protected],
Ryan Brizek, [email protected],
and Matthew Micklavzina,
[email protected],
Simpson Thacher Bartlett LLP.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Adam Large, Senior Special Counsel,
Stephan N. Packs, Senior Counsel, or
Daniele Marchesani, Assistant Chief
Counsel, at (202) 551–6825 (Division of
Investment Management, Chief
Counsel’s Office).
For
Applicants’ representations, legal
analysis, and conditions, please refer to
Applicants’ First Amended and Restated
Application, dated August 28, 2025,
which may be obtained via the
Commission’s website by searching for
the file number at the top of this
document, or for an Applicant using the
Company name search field, on the
SEC’s EDGAR system. The SEC’s
EDGAR system may be searched at
www.sec.gov/edgar/searchedgar/
companysearch. You may also call the
SEC’s Office of Investor Education and
Advocacy at (202) 551–8090.
SUPPLEMENTARY INFORMATION:
For the Commission, by the Division of
Investment Management, under delegated
authority.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025–16992 Filed 9–4–25; 8:45 am]
BILLING CODE 8011–01–P
E:\FR\FM\05SEN1.SGM
05SEN1
File Type | application/pdf |
File Modified | 2025:09:05 05:05:32-04:00 |
File Created | 2025:09:05 09:03:38Z |