Federal Register 60-Day Notice

Federal Register / Vol. 90, No. 175 / Friday, September 12, 2025 / Notices
pursuant to Rule 17d–2 on September 4,
2025, is hereby approved and declared
effective.
It is further ordered that the
Participating Organizations are relieved
of those regulatory responsibilities
allocated to FINRA under the amended
Plan to the extent of such allocation.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.18
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025–17599 Filed 9–11–25; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[OMB Control No. 3235–0410]

lotter on DSK11XQN23PROD with NOTICES1

Agency Information Collection
Activities; Proposed Collection;
Comment Request; Extension: Rules
17h–1T and 17h–2T
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 (‘‘SEC’’ or
‘‘Commission’’) is soliciting comments
on the proposed collection of
information provided for in Rules 17h–
1T and 17h–2T (17 CFR 240.17h–1T and
17 CFR 240.17h–2T), under the
Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.). The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget (‘‘OMB’’) for
extension and approval.
Rule 17h–1T requires a covered
broker-dealer to maintain and preserve
records and other information
concerning certain entities that are
associated with the broker-dealer. This
requirement extends to the financial and
securities activities of the holding
company, affiliates and subsidiaries of
the broker-dealer that are reasonably
likely to have a material impact on the
financial or operational condition of the
broker-dealer. Rule 17h–2T requires a
covered broker-dealer to file with the
Commission quarterly reports and a
cumulative year-end report concerning
the information required to be
maintained and preserved under Rule
17h–1T.
The collection of information required
by Rules 17h–1T and 17h–2T,
18 17

CFR 200.30–3(a)(34).

VerDate Sep<11>2014

17:10 Sep 11, 2025

collectively referred to as the ‘‘risk
assessment rules’’, is mandatory and is
necessary to enable the Commission to
monitor the activities of a broker-dealer
affiliate whose business activities are
reasonably likely to have a material
impact on the financial and operational
condition of the broker-dealer. Without
this information, the Commission would
be unable to assess the potentially
damaging impact of the affiliate’s
activities on the broker-dealer.
There are currently 238 respondents
that must comply with Rules 17h–1T
and 17h–2T. Each of these 238
respondents are estimated to require 10
hours per year to maintain the records
required under Rule 17h–1T, for an
aggregate estimated annual burden of
2,380 hours (238 respondents × 10
hours). In addition, each of these 238
respondents must make five annual
responses under Rule 17h–2T. These
five responses are estimated to require
14 hours per respondent per year for an
aggregate estimated annual burden of
3,332 hours (238 respondents × 14
hours).
In addition, new respondents must
draft an organizational chart required
under Rule 17h–1T and establish a
system for complying with the risk
assessment rules. The staff estimates
that drafting the required organizational
chart requires one hour and establishing
a system for complying with the risk
assessment rules requires three hours.
Based on the reduction in the number
of filers in recent years, the staff
estimates there will be four new
respondents, and thus, a corresponding
estimated burden of four hours for new
respondents.
In addition, the Commission adopted
amendments in 2024 that require
broker-dealers subject to Rule 17h–2T to
file Form 17h–2T electronically on
EDGAR and that would require a
portion of the form to be filed using
Inline XBRL. Thus, the Commission
estimates an average additional burden
of 2 hour per response four times a year
(quarterly) for 238 respondents,
resulting in a total industrywide burden
of 1,904 hours 1 per year for Form 17–
H filers to structure their financial
statements (Item 4 of Form 17–H) in
Inline XBRL. The total compliance
burden per year is approximately 7,620
burden hours (2,380 hours + 3,332
hours + 4 hours + 1,904 hours).
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.
1 (238

Jkt 265001

PO 00000

respondents × 8 hours = 1,904 hours.)

Frm 00120

Fmt 4703

Sfmt 4703

44277

Written comments are invited on: (a)
whether this proposed collection of
information is necessary for the proper
performance of the functions of the SEC,
including whether the information will
have practical utility; (b) the accuracy of
the SEC’s estimate of the burden
imposed by the proposed collection of
information, including the validity of
the methodology and the assumptions
used; (c) ways to enhance the quality,
utility, and clarity of the information to
be collected; and (d) ways to minimize
the burden of the collection of
information on respondents, including
through the use of automated, electronic
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 November 12, 2025. There
will be a second opportunity to
comment on this SEC request following
the Federal Register publishing a 30Day Submission Notice.
Dated: September 9, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025–17590 Filed 9–11–25; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[OMB Control No. 3235–0378]

Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Extension:
Form F-8—Registration Statement
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
(‘‘OMB’’) this request for extension of
the previously approved collection of
information discussed below.
Form F-8 (17 CFR 239.38) may be
used by certain Canadian issuers for
registration under the Securities Act of
1933 (15 U.S.C. 77a et seq.) (‘‘Securities
Act’’) in connection with exchange
offers and certain business
combinations. Form F-8 provides
investors with information important to
investment decision making while also

E:\FR\FM\12SEN1.SGM

12SEN1