Federal Register / Vol. 89, No. 182 / Thursday, September 19, 2024 / Notices 76897 

obtaining the client’s consent 

appropriate disclosure must be made to 

the client as to the practice of, and the 

conflicts of interest involved in, agency 

cross transactions; (2) at or before the 

completion of any such transaction the 

client must be furnished with a written 

confirmation containing specified 

information and offering to furnish 

upon request certain additional 

information; and (3) at least annually, 

the client must be furnished with a 

written statement or summary as to the 

total number of transactions during the 

period covered by the consent and the 

total amount of commissions received 

by the adviser or its affiliated brokerdealer attributable to such transactions. 

The Commission estimates that 

approximately 362 respondents use the 

rule annually, necessitating about 65 

responses per respondent each year, for 

a total of 23,530 responses. Each 

response requires an estimated 0.5 

hours, for a total of 11,765 hours. The 

estimated average burden hours are 

made solely for the purposes of the 

Paperwork Reduction Act and are not 

derived from a comprehensive or 

representative survey or study of the 

cost of Commission rules and forms. 

This collection of information is 

found at (17 CFR 275.206(3)–2) and is 

necessary in order for the investment 

adviser to obtain the benefits of Rule 

206(3)–2. The collection of information 

requirements under the rule is 

mandatory. Information subject to the 

disclosure requirements of Rule 206(3)– 

2 does not require submission to the 

Commission; and, accordingly, the 

disclosure pursuant to the rule is not 

kept confidential. Commissionregistered investment advisers are 

required to maintain and preserve 

certain information required under Rule 

206(3)–2 for five (5) years. The longterm retention of these records is 

necessary for the Commission’s 

inspection program to ascertain 

compliance with the Advisers Act. 

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 

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 

Commission, including whether the 

information shall have practical utility; 

(b) the accuracy of the Commission’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 

by November 18, 2024. 

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. 

Please direct your written comments 

to: Austin Gerig, Director/Chief Data 

Officer, Securities and Exchange 

Commission, c/o Oluwaseun Ajayi, 100 

F Street NE, Washington, DC 20549 or 

send an email to: PRA_Mailbox@

sec.gov. 

Dated: September 16, 2024. 

Vanessa A. Countryman, 

Secretary. 

[FR Doc. 2024–21428 Filed 9–18–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–518, OMB Control No. 

3235–0576] 

Proposed Collection; Comment 

Request; Extension: Regulation G 

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’’) 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. 

Regulation G (17 CFR 244.100– 

244.102) under the Securities Exchange 

Act of 1934 (the ‘‘Exchange Act’’) (15 

U.S.C. 78a et seq.) requires publicly 

reporting companies that disclose or 

releases financial information in a 

manner that is calculated or presented 

other than in accordance with generally 

accepted accounting principles 

(‘‘GAAP’’) to provide a reconciliation of 

the non-GAAP financial information to 

the most directly comparable GAAP 

financial measure. Regulation G 

implemented the requirements of 

Section 401 of the Sarbanes-Oxley Act 

of 2002 (15 U.S.C. 7261). We estimate 

that approximately 14,000 public 

companies must comply with 

Regulation G approximately six times a 

year for a total of 84,000 responses 

annually. We estimated that it takes 

approximately 0.5 hours per response 

(84,000 responses × 0.5 hours per 

response) for a total reporting burden of 

42,000 hours annually. 

Written comments are invited on: (a) 

whether this proposed collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information will have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden imposed by 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 by November 18, 2024. 

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 

control number. 

Please direct your written comment to 

Austin Gerig, Director/Chief Data 

Officer, Securities and Exchange 

Commission, c/o Oluwaseun Ajayi, 100 

F Street NE, Washington, DC 20549 or 

send an email to: PRA_Mailbox@

sec.gov. 

Dated: September 16, 2024. 

Vanessa A. Countryman, 

Secretary. 

[FR Doc. 2024–21426 Filed 9–18–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–666, OMB Control No. 

3235–0725] 

Submission for OMB Review; 

Comment Request; Extension: 

Contract Standard for Contractor 

Workforce Inclusion 

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 a 

request for extension of the previously 

approved collection of information 

discussed below. 


lotter on DSK11XQN23PROD with NOTICES1
76898 Federal Register / Vol. 89, No. 182 / Thursday, September 19, 2024 / Notices 

1 12 U.S.C. 5452. 2 42 U.S.C. 2000e, et seq. 

Section 342 of the Dodd-Frank Wall 

Street Reform and Consumer Protection 

Act of 2010 (the Dodd-Frank Act) 

provided that certain agencies, 

including the Commission, establish an 

Office of Minority and Women 

Inclusion (OMWI).1 Section 342(c)(2) of 

the Dodd-Frank Act requires the OMWI 

Director to include in the Commission’s 

procedures for evaluating contract 

proposals and hiring service providers a 

written statement that the contractor 

shall ensure, to the maximum extent 

possible, the fair inclusion of women 

and minorities in the workforce of the 

contractor and, as applicable, 

subcontractors. To implement the 

acquisition-specific requirements of 

ection 342(c)(2) of the Dodd-Frank Act, 

the Commission adopted a Contract 

Standard for Contractor Workforce 

Inclusion (Contract Standard). 

The Contract Standard, which is 

included in the Commission’s 

solicitations and resulting contracts for 

services with a dollar value of $100,000 

or more, contains a ‘‘collection of 

information’’ within the meaning of the 

Paperwork Reduction Act. The Contract 

Standard requires that a Commission 

contractor with 50 or more employees 

provide documentation, upon request 

from the OMWI Director, to demonstrate 

that it has made good faith efforts to 

ensure the fair inclusion of minorities 

and women in its workforce and, as 

applicable, to demonstrate its covered 

subcontractors have made such good 

faith efforts. The documentation 

requested may include, but is not 

limited to: (1) the total number of 

employees in the contractor’s workforce, 

and the number of employees by race, 

ethnicity, gender, and job title or EEO– 

1 job category (e.g., EEO–1 Report(s)); 

(2) a list of covered subcontract awards 

under the contract that includes the 

dollar amount of each subcontract, date 

of award, and the subcontractor’s race, 

ethnicity, and/or gender ownership 

status; (3) the contractor’s plan to ensure 

the fair inclusion of minorities and 

women in its workforce, including 

outreach efforts; and (4) for each 

covered subcontractor, the information 

requested in items 1 and 3 above. The 

OMWI Director will consider the 

information submitted in evaluating 

whether the contractor or subcontractor 

has complied with its obligations under 

the Contract Standard. 

The information collection is 

mandatory. 

Title of Collection: Contract Standard 

for Contractor Workforce Inclusion. 

Type of Review: Extension of an 

Existing Approved Information 

Collection. 

Frequency of Response: Annually. 

Estimated Number of Respondents: 

50. 

Estimated Burden Hours per 

Respondent: 1 hour. 

Estimated Total Annual Burden 

Hours: 50. The change in the estimated 

annual burden hours from 925 to 50 is 

due to a change in eligibility criteria for 

requesting documentation to only those 

contractors with 50 or more employees. 

This change in eligibility criteria 

eliminated any new recordkeeping 

burden since contractors with 50 or 

more employees are generally subject to 

the recordkeeping and reporting 

requirements under the regulations 

implementing Title VII of the Civil 

Rights Act 2 and Executive Order 11246. 

On July 15, 2024, the Commission 

published a notice in the Federal 

Register (89 FR 57451) of its intention 

to request an extension of this currently 

approved collection of information and 

allowed the public 60 days to submit 

comments. The Commission received no 

comments. 

Written comments continue to be 

invited on: (a) whether this collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information will have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden imposed by 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. 

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. Comments should be 

directed to: (i) Desk Officer for the 

Securities and Exchange Commission, 

Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, Room 10102, New Executive 

Office Building, Washington, DC 20503, 

or by sending an email to 

Lindsay.M.Abate@omb.eop.gov; and (ii) 

Austin Gerig, Director/Chief Data 

Officer, Securities and Exchange 

Commission, c/o Oluwaseun Ajayi, 100 

F Street NE, Washington, DC 20549, or 

by sending an email to: PRA_Mailbox@

sec.gov. Comments must be submitted 

within 30 days of this notice. 

Dated: September 13, 2024. 

Vanessa A. Countryman, 

Secretary. 

[FR Doc. 2024–21288 Filed 9–18–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–521, OMB Control No. 

3235–0579] 

Proposed Collection; Comment 

Request; Extension: Regulation BTR 

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’’) 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. 

Regulation Blackout Trade Restriction 

(‘‘Regulation BTR’’) (17 CFR 245.100– 

245.104) clarifies the scope and 

application of Section 306(a) of the 

Sarbanes-Oxley Act of 2002 (‘‘Act’’) (15 

U.S.C. 7244(a)). Section 306(a)(6) [15 

U.S.C.7244(a)(6)] of the Act requires an 

issuer to provide timely notice to its 

directors and executive officers and to 

the Commission of the imposition of a 

blackout period that would trigger the 

statutory trading prohibition of Section 

306(a)(1) [15 U.S.C. 7244(a)(1)]. Section 

306(a) of the Act prohibits any director 

or executive officer of an issuer of any 

equity security, directly or indirectly, 

from purchasing, selling or otherwise 

acquiring or transferring any equity 

security of that issuer during any 

blackout period with respect to such 

equity security if the director or 

executive officer acquired the equity 

security in connection with his or her 

service or employment. Approximately 

1,230 issuers file Regulation BTR 

notices approximately 5 times a year for 

a total of 6,150 responses. We estimate 

that it takes approximately 2 hours to 

prepare the blackout notice for a total 

annual burden of 2,460 hours. The 


lotter on DSK11XQN23PROD with NOTICES1