Federal Register 30-Day Submission Notice

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Federal Register / Vol. 91, No. 194 / Thursday, October 8, 2026 / Notices

GEMX is an available feature that
Members elect (or decline) to use;
withdrawing the election does not
diminish the mandatory MWRP that
applies to every ISE Member.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposed rule change will impose
any burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act.
The Exchange does not believe that
the proposed rule change will impose
any burden on intra-market competition
because no Member will be
disadvantaged relative to any other
Member as a result of the proposed
change. Further, Members that wish to
obtain aggregated risk protection across
multiple exchanges may continue to
configure their own risk-management
systems to that effect.
The Exchange does not believe that
the proposed rule change will impose
any burden on inter-market
competition. Rather, removing the crossmarket election will bring ISE into
greater alignment with the riskprotection framework generally
available in the U.S. listed options
markets and will harmonize the
Exchange’s MWRP with that of the other
Nasdaq affiliated options exchanges.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were either
solicited or received.

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III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule
change does not: (i) significantly affect
the protection of investors or the public
interest; (ii) impose any significant
burden on competition; and (iii) become
operative for 30 days from the date on
which it was filed, or such shorter time
as the Commission may designate, it has
become effective pursuant to Section
19(b)(3)(A)(iii) of the Act 10 and
subparagraph (f)(6) of Rule 19b–4
thereunder.11
At any time within 60 days of the
filing of the proposed rule change, the
Commission summarily may
10 15 U.S.C. 78s(b)(3)(A)(iii).
11 17 CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6) requires a self-regulatory organization to give
the Commission written notice of its intent to file
the proposed rule change at least five business days
prior to the date of filing of the proposed rule
change, or such shorter time as designated by the
Commission. The Exchange has satisfied this
requirement.

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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 shall institute proceedings
to determine whether the proposed rule
should be approved or 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:
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–
ISE–2026–52 on the subject line.
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–ISE–2026–52. 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–ISE–2026–52 and
should be submitted on or before
October 29, 2026.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.12
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026–20597 Filed 10–7–26; 8:45 am]
BILLING CODE 8011–01–P
12 17 CFR 200.30–3(a)(12).

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SECURITIES AND EXCHANGE
COMMISSION
[OMB Control No. 3235–0705]

Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Extension:
Rule 30b1–8 and Form N–CR
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 submitting to the
Office of Management and Budget
(OMB) this request for extension of the
proposed collection of information
discussed below.
A money market fund is required to
file Form N–CR if a portfolio security
defaults, an affiliate provides financial
support to the fund, or the fund
experiences a significant decline in its
shadow price.1 In most cases, a money
market fund is required to submit a brief
summary filing on Form N–CR within
one business day of the occurrence of
the event, and a follow up filing within
four business days that includes a more
complete description and information.
Compliance with rule 30b1–8 is
mandatory for any fund that holds itself
out as a money market fund in reliance
on rule 2a 7. Responses to the disclosure
requirements will not be kept
confidential.
The Commission estimates that it will
receive, in the aggregate, an average of
1 report per year filed on Form N–CR.2
Taking into account a blend of legal and
financial in-house professionals, as well
as the additional burdens associated
with the amendments,3 we estimate that
1 17 CFR 270.30b1–8.
2 The number of reports per year filed on Form
N–CR, based on initial and follow-up amendment
filings with the Commission in 2023–2025, was 0,
0, and 2 respectively.
3 We have estimated the time costs for a financial
manager to be $731 per hour, costs for lawyers to
be $744 per hour, and costs for a computer
programmer to be $416 per hour; to calculate the
occupational hourly rates the Commission uses
occupational mean hourly wage data from the
Occupational Employment and Wage Statistics
(OEWS) program of the Bureau of Labor Statistics
(BLS) for [‘‘Securities, Commodity Contracts, and
Other Financial Investments and Related
Activities’’ (NAICS 523)] [the private sector]; see
Occupational Employment and Wage Statistics,
U.S. Bureau of Labor Statistics, https://
www.bls.gov/oes/; see also Standard Occupational
Classification, U.S. Bureau of Labor Statistics,
https://www.bls.gov/soc/ (describing occupational
classification system used by BLS); Exec. Off. of the
President, Off. of Mgmt. & Budget, North American
Industry Classification System (2022), available at

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Federal Register / Vol. 91, No. 194 / Thursday, October 8, 2026 / Notices
a fund will spend, on average, 10.5
burden hours 4 and time costs of
approximately $7,104 5 for one report.
The Commission therefore estimates
that the total annual burden for Form
N–CR reporting will be 10.5 burden
hours and the total annual time cost will
be $7,104.6
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.
The public may view and comment
on this information collection request
at: https://www.reginfo.gov/public/do/
PRAViewICR?ref_nbr=202605-3235-008
or email comment to
MBX.OMB.OIRA.SEC_desk_officer@
omb.eop.gov within 30 days of the day
after publication of this notice, by
November 9, 2026.
Dated: October 6, 2026.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026–20670 Filed 10–7–26; 8:45 am]

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BILLING CODE 8011–01–P

https://www.census.gov/naics/reference_files_tools/
2022_NAICS_Manual.pdf (describing the industry
classification system used by BLS and other
agencies); the mean hourly wage for each
occupation is adjusted for changes in the seasonally
adjusted employment cost index for private wages
and salaries between the data reference period and
when the data are released by BLS; see Employment
Cost Index, U.S. Bureau of Labor Statistics, https://
www.bls.gov/eci/; the adjusted mean hourly wage is
then multiplied by a factor that accounts for
nonwage costs borne by employers, such as
bonuses, benefits, and overhead; this factor is
calculated as an average over the 10 most recently
available years of data of the ratio of the Bureau of
Economic Analysis’s annual gross output data for
[NAICS 523] [the private sector] to total annual
wages across all occupations for [NAICS 523] [the
private sector] in the OEWS data; see Gross Output
by Industry, U.S. Bureau of Economic Analysis,
https://www.bea.gov/data/industries/gross-outputby-industry; Occupational Employment and Wage
Statistics, U.S. Bureau of Labor Statistics, https://
www.bls.gov/oes/; the final product is the
occupational hourly rate; see generally Updated
Methodology for Calculating Occupational Hourly
Rates (Dec. 19, 2025), available at https://
www.sec.gov/files/method-occupational-hourlyrates.pdf.
4 When filing a report, the Commission estimates
that a fund will spend on average approximately 4.5
hours of lawyer time, 4 hours of financial manager
time, and 2 hours of computer programmer time to
prepare, review and submit a filing.
5 This estimate is based on the following
calculations: (4.5 hours × $744 per hour for a lawyer
= $ 3,348) + (4 hours × $731 per hour for a financial
manager = $2,924) + (2 hours × $416 per hour for
a computer programmer) = $7,104.
6 This estimate is based on the following
calculation: 1 reports per year × 10.5 burden hours
per report = 10.5 burden hours; 1 reports per year
× $ 7,104 time cost per report = $7,104 in time costs.

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SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–106597; File No. SR–IEX–
2026–37]

Self-Regulatory Organizations;
Investors Exchange LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change Pursuant to
IEX Rule 15.110(a) and (c) To Amend
the Exchange’s Fee Schedule
October 5, 2026.

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
September 29, 2026, Investors Exchange
LLC (the ‘‘Exchange’’ or ‘‘IEX’’) filed
with the Securities and Exchange
Commission (‘‘SEC’’ or ‘‘Commission’’)
the proposed rule change as described
in Items I, II, and III below, which Items
have been prepared by the Exchange.
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
Pursuant to the provisions of Section
19(b)(1) under the Act,3 and Rule 19b–
4 thereunder,4 the Exchange is filing
with the Commission a proposed rule
change to amend the IEX Equities Fee
Schedule, pursuant to IEX Rules
15.110(a) and (c), to adopt fees for nondisplay use of two of its proprietary
equities market data feeds, DEEP and
DEEP+. Changes to the Fee Schedule
pursuant to this proposal are effective
upon filing,5 and will be operative
beginning on October 1, 2026.
The text of the proposed rule change
is available at the Exchange’s website at
https://www.iexexchange.io/resources/
regulation/rule-filings and at the
principal office of the Exchange.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
self-regulatory organization included
statements concerning the purpose of
and basis for the proposed rule change
and discussed any comments it received
on the proposed rule change. The text
of these statements may be examined at
the places specified in Item IV below.
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 15 U.S.C. 78s(b)(1).
4 17 CFR 240.19b–4.
5 15 U.S.C. 78s(b)(3)(A)(ii).

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The self-regulatory organization has
prepared summaries, set forth in
Sections A, B, and C below, of the most
significant aspects of such statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to amend the
Market Data Fees section of the IEX
Equities Fee Schedule (‘‘Fee Schedule’’)
to adopt separate fees for non-display
use of its depth of book proprietary
market data feeds, DEEP and DEEP+.
DEEP is an uncompressed data feed 6
that provides aggregated depth of book
quotations for all displayed orders
resting on the Order Book at each price
level, and execution information (i.e.,
last sale information) for executions on
the Exchange.7 DEEP+ is an
uncompressed data feed that provides
order-by-order depth of book quotations
for all displayed orders resting on the
Order Book at each price level, and
execution information (i.e., last sale
information) for executions on the
Exchange.8
The Exchange currently charges a
single flat monthly fee of $2,500 for
DEEP and $3,500 for DEEP+ for RealTime 9 access to each data feed, which
covers all uses of that data feed,
including non-display use. The
Exchange proposes to retain those fees
for access to each data feed, which it
proposes to rename a ‘‘Real-Time
Access Fee’’ for clarity, and to adopt a
separate flat monthly fee of $2,500 for
DEEP and $3,500 for DEEP+ that would
cover all non-display use of the
respective data feed.10 A Data
6 An uncompressed data feed is a transmission of
raw, unprocessed data without applying
compression techniques.
7 See IEX Rule 11.330(a)(2).
8 See IEX Rule 11.330(a)(3).
9 ‘‘Real-Time’’ means IEX market data that is
accessed, used or distributed less than fifteen (15)
minutes after it was made available by the
Exchange. IEX provides only Real-Time IEX market
data to Data Subscribers. A Data Subscriber may
redistribute Real-Time IEX market data that it
receives from the Exchange on a Real-Time basis to
a natural person or entity. Receipt of IEX market
data on a Real-Time basis by an affiliate of a Data
Subscriber is not subject to additional Fees beyond
those paid by such Data Subscriber. ‘‘Delayed IEX
Market Data’’ is IEX Market Data that is accessed,
used or distributed at least fifteen (15) minutes after
it was made available by the Exchange. See IEX
Equities Fee Schedule—Market Data Fees (‘‘Fee
Schedule’’), available at https://www.iex.io/
resources/trading/fee-schedule#MktDataFees.
10 The Exchange is not proposing to adopt nondisplay fees for its TOPS (Real-Time) data feed, nor
any of the Delayed data feeds that the Exchange
makes available through third-parties.

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