Federal Register / Vol. 86, No. 43 / Monday, March 8, 2021 / Notices 13431 

27 15 U.S.C. 78s(b)(3)(A). 

28 17 CFR 240.19b–4(f)(6). In addition, Rule 19b– 

4(f)(6)(iii) requires a self-regulatory organization to 

give the Commission written notice of its intent to 

file the proposed rule change, along with a brief 

description and text of 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. 29 17 CFR 200.30–3(a)(12). 

1The estimated number of responses to rule 34b– 

1 is composed of 7,362 responses filed with FINRA 

and 351 responses filed with the Commission in 

2019. 

2 7,713 responses × 6 hours per response = 46,278 

hours. 

19(b)(3)(A) of the Act 27 and Rule 19b– 

4(f)(6) thereunder.28

At any time within 60 days of the 

filing of the proposed rule change, the 

Commission summarily may 

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 

change 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 (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include File Number SR– 

NASDAQ–2021–010 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–NASDAQ–2021–010. 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 (http://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 

10:00 a.m. and 3:00 p.m. Copies of the 

filing also will be available for 

inspection and copying at the principal 

office of the Exchange. All comments 

received will be posted without change. 

Persons submitting comments are 

cautioned that we do not redact or edit 

personal identifying information from 

comment submissions. You should 

submit only information that you wish 

to make available publicly. All 

submissions should refer to File 

Number SR–NASDAQ–2021–010 and 

should be submitted on or before March 

29, 2021. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.29

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–04681 Filed 3–5–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[OMB Control No. 3235–0346, File No. 270– 

305] 

Proposed Collection; Comment 

Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of FOIA Services, 

100 F Street NE, Washington, DC 

20549–2736 

Extension: 

Rule 34b–1. 

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 (the 

‘‘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 for extension 

and approval. 

Rule 34b–1 under the Investment 

Company Act (17 CFR 270.34b–1) 

governs sales material that accompanies 

or follows the delivery of a statutory 

prospectus (‘‘sales literature’’). Rule 

34b–1 deems to be materially 

misleading any investment company 

(‘‘fund’’) sales literature required to be 

filed with the Securities and Exchange 

Commission (‘‘Commission’’) by Section 

24(b) of the Investment Company Act 

(15 U.S.C. 80a–24(b)) that includes 

performance data, unless the sales 

literature also includes the appropriate 

uniformly computed data and the 

legend disclosure required in 

investment company advertisements by 

rule 482 under the Securities Act of 

1933 (17 CFR 230.482). Requiring the 

inclusion of such standardized 

performance data in sales literature is 

designed to prevent misleading 

performance claims by funds and to 

enable investors to make meaningful 

comparisons among funds. 

The Commission estimates that on 

average approximately 351 respondents 

file 7,362 1 responses that include the 

information required by rule 34b–1 each 

year. The burden resulting from the 

collection of information requirements 

of rule 34b–1 is estimated to be 6 hours 

per response. The total hourly burden 

for rule 34b–1 is approximately 46,278 

hours per year in the aggregate.2

The collection of information under 

rule 34b–1 is mandatory. The 

information provided under rule 34b–1 

is not kept confidential. The 

Commission 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. 

Written comments are invited on: (a) 

Whether the proposed collection of 

information is necessary for the 

proposed performance of the functions 

of the agency, including whether 

information will have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden of 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. Consideration will be given 

to comments and suggestions submitted 

in writing within 60 days of this 

publication. 

Please direct your written comments 

to David Bottom, Director/Chief 

Information Officer, Securities and 

Exchange Commission, C/O Cynthia 

Roscoe, 100 F Street NE, Washington, 

DC 20549; or send an email to: PRA_

Mailbox@sec.gov. 


jbell on DSKJLSW7X2PROD with NOTICES
13432 Federal Register / Vol. 86, No. 43 / Monday, March 8, 2021 / Notices 

1Although the rules under Section 8(b) of the 

Investment Company Act are generally procedural 

in nature, two of the rules require respondents to 

disclose some limited information. Rule 8b–3 (17 

CFR 270.8b–3) provides that whenever a 

registration form requires the title of securities to 

be stated, the registrant must indicate the type and 

general character of the securities to be issued. Rule 

8b–22 (17 CFR 270.8b–22) provides that if the 

existence of control is open to reasonable doubt, the 

registrant may disclaim the existence of control, but 

it must state the material facts pertinent to the 

possible existence of control. The information 

required by both of these rules is necessary to 

insure that investors have clear and complete 

information upon which to base an investment 

decision. 

Dated: March 2, 2021. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–04662 Filed 3–5–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–135, OMB Control No. 

3235–0176] 

Submission for OMB Review; 

Comment Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of FOIA Services, 

100 F Street NE, Washington, DC 

20549–2736 

Extension: 

Rules 8b–1 to 8b–33 

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 (the 

‘‘Commission’’) has submitted to the 

Office of Management and Budget 

(‘‘OMB’’) a request for extension of the 

previously approved collection of 

information discussed below. 

Rules 8b–1 to 8b–33 (17 CFR 270.8b– 

1 to 8b–33) under the Investment 

Company Act of 1940 (15 U.S.C. 80a–1 

et seq.) (‘‘Investment Company Act’’) set 

forth the procedures for preparing and 

filing a registration statement under the 

Investment Company Act. These 

procedures are intended to facilitate the 

registration process. These rules 

generally do not require respondents to 

report information.1

The Commission believes that it is 

appropriate to estimate the total 

respondent burden associated with 

preparing each registration statement 

form rather than attempt to isolate the 

impact of the procedural instructions 

under Section 8(b) of the Investment 

Company Act, which impose burdens 

only in the context of the preparation of 

the various registration statement forms. 

Accordingly, the Commission is not 

submitting a separate burden estimate 

for rules 8b–1 through 8b–33, but 

instead will include the burden for 

these rules in its estimates of burden for 

each of the registration forms under the 

Investment Company Act. The 

Commission is, however, submitting an 

hourly burden estimate of one hour for 

administrative purposes. 

The collection of information under 

rules 8b–1 to 8b–33 is mandatory. The 

information provided under rules 8b–1 

to 8b–33 is not kept confidential. 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 background 

documentation for this information 

collection at the following website: 

www.reginfo.gov. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to (i) www.reginfo.gov/public/do/ 

PRAMain and (ii) David Bottom, 

Director/Chief Information Officer, 

Securities and Exchange Commission, c/ 

o Cynthia Roscoe, 100 F Street NE, 

Washington, DC 20549, or by sending an 

email to: PRA_Mailbox@sec.gov. 

Dated: March 2, 2021. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–04661 Filed 3–5–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–418, OMB Control No. 

3235–0485] 

Submission for OMB Review; 

Comment Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of FOIA Services, 

100 F Street NE, Washington, DC 

20549–2736 

Extension: 

Rule 15c2–1. 

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’’) has submitted to the 

Office of Management and Budget 

(‘‘OMB’’) a request for approval of 

extension of the previously approved 

collection of information provided for in 

Rule 15c2–1, (17 CFR 240.15c2–1), 

under the Securities Exchange Act of 

1934 (15 U.S.C. 78a et seq.). 

Rule 15c2–1 (17 CFR 240.15c2–1) 

prohibits the commingling under the 

same lien of securities of margin 

customers (a) with other customers 

without their written consent and (b) 

with the broker-dealer. The rule also 

prohibits the re-hypothecation of 

customers’ margin securities for a sum 

in excess of the customer’s aggregate 

indebtedness. Pursuant to Rule 15c2–1, 

respondents must collect information 

necessary to prevent the rehypothecation of customer securities in 

contravention of the rule, issue and 

retain copies of notices of hypothecation 

of customer securities in accordance 

with the rule, and collect written 

consents from customers in accordance 

with the rule. The information is 

necessary to ensure compliance with the 

rule and to advise customers of the 

rule’s protections. 

There are approximately 48 

respondents (i.e., broker-dealers that 

conducted business with the public, 

filed Part II or Part IICSE of the FOCUS 

Report, did not claim an exemption 

from the Rule 15c3–3 reserve formula 

computation, and reported that they had 

a bank loan during at least one quarter 

of the current year) that require an 

aggregate total of approximately 1,080 

hours to comply with the rule. Each of 

these approximately 48 registered 

broker-dealers makes an estimated 45 

annual responses. Each response takes 

approximately 0.5 hours to complete. 

Thus, the total burden per year is 

approximately 1,080 hours. 

The retention period for the 

recordkeeping requirement under Rule 

15c2–1 is not less than two years 

following the date the notice is 

submitted. The recordkeeping 

requirement under this rule is 

mandatory to assist the Commission in 

monitoring the respondent who fail to 

collect the information set by the 

Commission rule. This rule does not 

involve the collection of confidential 

information. 

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. 

The public may view background 

documentation for this information 

collection at the following website: 

www.reginfo.gov. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 


jbell on DSKJLSW7X2PROD with NOTICES