Federal Register 60-Day Notice

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Federal Register / Vol. 91, No. 140 / Thursday, July 23, 2026 / Notices
information they need to assess the
adviser’s services and monitor the
adviser’s handling of their accounts, and
the Commission would be less efficient
and effective in its programs.
The estimated number of investment
advisers subject to the collection of
information requirements under the rule
is 15,996. It is estimated that each of
these advisers is required to spend on
average 10 hours annually documenting
its proxy voting procedures under the
requirements of the rule, for a total
burden of 159,960 hours. We further
estimate that on average, approximately
377 clients of each adviser would
request copies of the underlying policies
and procedures. We estimate that it
would take these advisers 0.1 hours per
client to deliver copies of the policies
and procedures, for a total burden of
603,049 hours. Accordingly, we
estimate that rule 206(4)–6 results in an
annual aggregate burden of collection
for SEC-registered investment advisers
of a total of 763,009.2 hours.
Records related to an adviser’s proxy
voting policies and procedures and
proxy voting history are separately
required under the Advisers Act
recordkeeping rule 204–2 (17 CFR
275.204–2). The standard retention
period required for books and records
under rule 204–2 is five years, in an
easily accessible place, the first two
years in an appropriate office of the
investment adviser. OMB has previously
approved the collection with this
retention period.
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=202605-3235-004
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
August 24, 2026.
Dated: July 21, 2026.
Sherry R. Haywood,
Assistant Secretary.
lotter on DSK8BHNXB4PROD with NOTICES1

[FR Doc. 2026–14936 Filed 7–22–26; 8:45 am]
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SECURITIES AND EXCHANGE
COMMISSION
[OMB Control No. 3235–0078]

Agency Information Collection
Activities; Proposed Collection;
Comment Request; Extension: Rule
15c3–3
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’’) is soliciting comments
on the existing collection of information
provided for in Rule 15c3–3 (17 CFR
240.15c3–3), 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.
With respect to the extension of the
previously approved collection of
information, Rule 15c3–3 requires that a
broker-dealer that holds customer
securities obtain and maintain
possession and control of fully-paid and
excess margin securities they hold for
customers. In addition, the Rule
requires that a broker-dealer that holds
customer funds make either a weekly or
monthly computation to determine
whether certain customer funds need to
be segregated in a special reserve bank
account for the exclusive benefit of the
firm’s customers. It also requires that a
broker-dealer maintain a written
notification from each bank where a
Special Reserve Bank Account is held
acknowledging that all assets in the
account are for the exclusive benefit of
the broker-dealer’s customers, and to
provide written notification to the
Commission (and its designated
examining authority) under certain,
specified circumstances. In addition, it
requires broker-dealers that sell
securities futures products to customers
to provide certain notifications to
customers and make a record of any
changes of account type. Finally, it
includes segregation and notice
requirements for broker-dealers with
respect to their security-based swap
activity.
A broker-dealer required to maintain
the Special Reserve Bank Account
prescribed by Rule 15c3–3 must obtain
and retain a written notification from
each bank in which it has a Special
Reserve Bank Account to evidence the
bank’s acknowledgement that assets

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deposited in the Account are being held
by the bank for the exclusive benefit of
the broker-dealer’s customers. In
addition, a broker-dealer must
immediately notify the Commission and
its designated examining authority if it
fails to make a required deposit to its
Special Reserve Bank Account.
In 2024, the Commission adopted
amendments to require carrying brokerdealers to compute the reserve
computation on a daily instead of
weekly basis, provided that such brokerdealers have average total credits above
a minimum threshold.
The Commission staff estimates that
the aggregate annual information
collection burden associated with Rule
15c3–3 is approximately 1,459,681
hours and $5,076,465.
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 the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the proposed collection
of information; (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 collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within 60 days of this
publication.
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 September 21, 2026.
Dated: July 21, 2026.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026–14929 Filed 7–22–26; 8:45 am]
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