83060 Federal Register / Vol. 89, No. 199 / Tuesday, October 15, 2024 / Notices 

1 (200 hours × 17 firms) = 3,400. 

2 ((2,000 hours/3 years) × 6 firms) = 4,000. 

3 (200 hours × 6 firms) = 1,200. 

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.) (‘‘PRA’’), the 

Securities and Exchange Commission 

(‘‘Commission’’) is soliciting comments 

on the collection of information 

provided for in Rule 15c3–4 (17 CFR 

240.15c3–4) 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 15c3–4 requires certain brokerdealers that are registered with the 

Commission as OTC derivatives dealers, 

or who compute their net capital 

charges under Appendix E to Rule 

15c3–1 (17 CFR 240.15c3–1) (‘‘ANC 

firms’’), to establish, document, and 

maintain a system of internal risk 

management controls. In addition, 

security-based swap dealers (‘‘SBSDs’’) 

must comply with Rule 15c3–4 as if 

they were OTC derivatives dealers. The 

Rule sets forth the basic elements for an 

OTC derivatives dealer, an ANC firm, or 

an SBSD to consider and include when 

establishing, documenting, and 

reviewing its internal risk management 

control system, which is designed to, 

among other things, ensure the integrity 

of an OTC derivatives dealer’s, an ANC 

firm’s, or an SBDS’s risk measurement, 

monitoring, and management process, to 

clarify accountability at the appropriate 

organizational level, and to define the 

permitted scope of the firm’s activities 

and level of risk. The Rule also requires 

that management of an OTC derivatives 

dealer, ANC firm, or SBSD must 

periodically review, in accordance with 

written procedures, the firm’s business 

activities for consistency with its risk 

management guidelines. 

The staff estimates that the average 

amount of time a new firm subject to 

Rule 15c3–4 will spend establishing and 

documenting its risk management 

control system is approximately 2,000 

hours (666.666667 hours per year when 

annualized over three years) and that, 

on average, an existing firm subject to 

Rule 15c3–4 will spend approximately 

200 hours each year to maintain (e.g., 

reviewing and updating) its risk 

management control system. Currently, 

seventeen firms are required to comply 

with Rule 15c3–4. The staff estimates 

that approximately six new additional 

firms may become subject to the 

requirements of Rule 15c3–4 within the 

next three years. Thus, the estimated 

annual burden would be 3,400 hours for 

the seventeen existing firms currently 

required to comply with Rule 15c3–4 to 

maintain their risk management control 

systems,1 4,000 hours for the six new 

firms to establish and document their 

risk management control systems,2 and 

1,200 hours for the six new firms to 

maintain their risk management control 

systems.3 Accordingly, the staff 

estimates the total annual burden 

associated with Rule 15c3–4 for the 23 

respondents (seventeen existing 

respondents and six new respondents) 

will be approximately 8,600 hours per 

year. 

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 

estimates of the burden of the proposed 

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 

December 16, 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 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: October 9, 2024. 

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2024–23764 Filed 10–11–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

35354; File No. 812–15433] 

White Oak Secured Asset Lending 

Fund, Inc., et al. 

October 8, 2024. 

AGENCY: Securities and Exchange 

Commission (‘‘Commission’’ or ‘‘SEC’’). 

ACTION: Notice. 

Notice of application for an order 

under sections 17(d) and 57(i) of the 

Investment Company Act of 1940 (the 

‘‘Act’’) and rule 17d–1 under the Act to 

permit certain joint transactions 

otherwise prohibited by sections 17(d) 

and 57(a)(4) of the Act and rule 17d–1 

under the Act. 

SUMMARY OF APPLICATION: Applicants 

request an order to permit certain 

business development companies 

(‘‘BDCs’’) and closed-end management 

investment companies to co-invest in 

portfolio companies with each other and 

with certain affiliated investment 

entities. 

APPLICANTS: White Oak Secured Asset 

Lending Fund, Inc., White Oak Global 

Advisors, LLC, BAYVK R PD 2 Loan, 

LLC, White Oak Bespoke Income 

Ultimate Master Fund, L.P., White Oak 

Deseret Mutual Fund, L.P., White Oak 

Fixed Income Fund C, L.P., White Oak 

Fixed Income SME Fund USD 2019–1, 

L.P., White Oak Fixed Income Offshore 

Fund, SCSp, White Oak Impact Fund, 

SCSp (Master), White Oak NDT Fund, 

LP, White Oak Partners Fund I, L.P., 

White Oak Pinnacle Fund, L.P., White 

Oak Specialized ABL Master Fund, L.P., 

White Oak Specialized ABL SPV–1, 

L.P., White Oak Short Term ABL Feeder 

Fund, SCSp, White Oak Short Term 

ABL Master Fund, SCSp, White Oak 

Short-Term ABL Securitisation 

Company, S.a.r.l., White Oak Summit 

EU Fund, PLC, White Oak Summit 

Fund, ILP, White Oak Summit Fund, 

L.P., White Oak Summit ICAV, White 

Oak Summit Parallel Fund I, L.P., White 

Oak Summit Parallel Fund II, L.P., 

White Oak Summit Peer Fund, L.P., 

White Oak Summit Revolver Fund EU, 

LLC, White Oak Summit Revolver Fund, 

L.P., White Oak Summit Term Fund EU, 

LLC, White Oak Summit Term Fund, 

L.P., White Oak WCTPT Evergreen 

Fund, L.P., White Oak Yield Spectrum 

(Cayman) Fund, LLC, White Oak 2 

ICAV—White Oak Yield Spectrum 

ICAV, White Oak Yield Spectrum 

(Luxembourg) Master Fund, SCSp, 

White Oak Yield Spectrum Fund, L.P., 

White Oak Yield Spectrum Peer Fund, 

L.P., White Oak Yield Spectrum 

Revolver Fund, SCSp, White Oak Yield 

Spectrum Term Fund, SCSp, White Oak 

Yield Spectrum (Luxembourg) Master 

Fund V, SCSp, White Oak Yield 

Spectrum Master Fund V SCSp and 

White Oak Yield Spectrum Parallel 

Fund, L.P. 

FILING DATES: The application was filed 

on February 3, 2023 and amended on 

June 16, 2023, October 13, 2023, May 7, 

2024 and October 7, 2024. 

HEARING OR NOTIFICATION OF HEARING: An 

order granting the requested relief will 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 89, No. 199 / Tuesday, October 15, 2024 / Notices 83061 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

be issued unless the Commission orders 

a hearing. Interested persons may 

request a hearing on any application by 

emailing the SEC’s Secretary at 

Secretarys-Office@sec.gov and serving 

the Applicants with a copy of the 

request by email, if an email address is 

listed for the relevant Applicant below, 

or personally or by mail, if a physical 

address is listed for the relevant 

Applicant below. Hearing requests 

should be received by the Commission 

by 5:30 p.m. on November 1, 2024 and 

should be accompanied by proof of 

service on the Applicants, in the form 

of an affidavit or, for lawyers, a 

certificate of service. Pursuant to rule 0– 

5 under the Act, hearing requests should 

state the nature of the writer’s interest, 

any facts bearing upon the desirability 

of a hearing on the matter, the reason for 

the request, and the issues contested. 

Persons who wish to be notified of a 

hearing may request notification by 

emailing the Commission’s Secretary at 

Secretarys-Office@sec.gov. 

ADDRESSES: The Commission: 

Secretarys-Office@sec.gov. Applicants: 

ahakkak@whiteoaksf.com, 

Vadim.avdeychik@cliffordchance.com 

and Clifford.cone@cliffordchance.com. 

FOR FURTHER INFORMATION CONTACT: 

Barbara T. Heussler, Senior Counsel, or 

Thomas Ahmadifar, Branch Chief, at 

(202) 551–6825 (Division of Investment 

Management, Chief Counsel’s Office). 

SUPPLEMENTARY INFORMATION: For 

Applicants’ representations, legal 

analysis, and conditions, please refer to 

Applicants’ fourth amended and 

restated application, dated October 7, 

2024, which may be obtained via the 

Commission’s website by searching for 

the file number at the top of this 

document, or for an Applicant using the 

Company name search field, on the 

SEC’s EDGAR system. The SEC’s 

EDGAR system may be searched at, 

http://www.sec.gov/edgar/searchedgar/ 

legacy/companysearch.html. You may 

also call the SEC’s Public Reference 

Room at (202) 551–8090. 

For the Commission, by the Division of 

Investment Management, under delegated 

authority. 

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2024–23679 Filed 10–11–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meetings 

TIME AND DATE: 2:00 p.m. on Thursday, 

October 17, 2024. 

PLACE: The meeting will be held via 

remote means and/or at the 

Commission’s headquarters, 100 F 

Street NE, Washington, DC 20549. 

STATUS: This meeting will be closed to 

the public. 

MATTERS TO BE CONSIDERED: 

Commissioners, Counsel to the 

Commissioners, the Secretary to the 

Commission, and recording secretaries 

will attend the closed meeting. Certain 

staff members who have an interest in 

the matters also may be present. 

In the event that the time, date, or 

location of this meeting changes, an 

announcement of the change, along with 

the new time, date, and/or place of the 

meeting will be posted on the 

Commission’s website at https://

www.sec.gov. 

The General Counsel of the 

Commission, or her designee, has 

certified that, in her opinion, one or 

more of the exemptions set forth in 5 

U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B) 

and (10) and 17 CFR 200.402(a)(3), 

(a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and 

(a)(10), permit consideration of the 

scheduled matters at the closed meeting. 

The subject matter of the closed 

meeting will consist of the following 

topics: 

Institution and settlement of 

injunctive actions; 

Institution and settlement of 

administrative proceedings; 

Resolution of litigation claims; and 

Other matters relating to examinations 

and enforcement proceedings. 

At times, changes in Commission 

priorities require alterations in the 

scheduling of meeting agenda items that 

may consist of adjudicatory, 

examination, litigation, or regulatory 

matters. 

CONTACT PERSON FOR MORE INFORMATION: 

For further information, please contact 

Vanessa A. Countryman from the Office 

of the Secretary at (202) 551–5400. 

Authority: 5 U.S.C. 552b. 

Dated: October 10, 2024. 

Vanessa A. Countryman, 

Secretary. 

[FR Doc. 2024–23833 Filed 10–10–24; 4:15 pm] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–101282; File No. SR– 

PEARL–2024–46] 

Self-Regulatory Organizations; MIAX 

PEARL, LLC; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change To Amend the MIAX Pearl 

Equities Fee Schedule 

October 8, 2024. 

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 30, 2024, MIAX PEARL, LLC 

(‘‘MIAX Pearl’’ or ‘‘Exchange’’) filed 

with the Securities and Exchange 

Commission (‘‘Commission’’) a 

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 

The Exchange is filing a proposal to 

amend the fee schedule (the ‘‘Fee 

Schedule’’) applicable to MIAX Pearl 

Equities, an equities trading facility of 

the Exchange. 

The text of the proposed rule change 

is available on the Exchange’s website at 

https://www.miaxglobal.com/markets/ 

us-equities/pearl-equities/rule-filings, at 

MIAX Pearl’s principal office, and at the 

Commission’s Public Reference Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

Exchange 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. The 

Exchange has prepared summaries, set 

forth in sections A, B, and C below, of 

the most significant aspects of such 

statements. 


khammond on DSKJM1Z7X2PROD with NOTICES