Federal Register / Vol. 89, No. 199 / Tuesday, October 15, 2024 / Notices 83059 

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. 

ADDRESSES: The Commission: 

Secretarys-Office@sec.gov. Applicants: 

Arash Ghodoosi, Institutional 

Investment Strategy Fund, arash@

buenacapital.com, with a copy to JoAnn 

M. Strasser, Esq., Thompson Hine LLP, 

JoAnn.Strasser@ThompsonHine.com, 

and Philip B. Sineneng, Esq., Thompson 

Hine LLP, Philip.Sineneng@

ThompsonHine.com. 

FOR FURTHER INFORMATION CONTACT: 

Steven I. Amchan, Senior Counsel, or 

Lisa Reid Ragen, 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’ amended application, dated 

August 28, 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 https://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. 2024–23680 Filed 10–11–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[OMB Control No. 3235–0785] 

Proposed Collection; Comment 

Request; Extension: Rule 18a–10 

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 18a–10 (17 CFR 

240.18a–10), 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. 

Exchange Act Rule 18a–10 provides 

an alternative compliance mechanism 

pursuant to which stand-alone securitybased swap dealers (‘‘SBSDs’’) 

registered as a swap dealer that 

predominantly engages in a swaps 

business, and that meet certain 

conditions set forth in the rule, may 

elect to comply with the capital, margin, 

segregation, recordkeeping, and 

reporting requirements of the 

Commodity Exchange Act (‘‘CEA’’) and 

the U.S. Commodity Futures Trading 

Commission’s (‘‘CFTC’’) rules in lieu of 

complying with SEC Rules 18a–1, and 

18a–3 through 18a–9. Rule 18a–10 

requires the firm to provide a written 

disclosure to its counterparties after it 

begins operating pursuant to the rule. 

Furthermore, Rule 18a–10 requires the 

firm to immediately notify the 

Commission and the CFTC in writing if 

it fails to meet a condition in the rule. 

There are currently two stand-alone 

SBSDs operating pursuant to the 

alternative compliance mechanism. The 

Commission estimates that these two 

stand-alone SBSDs will each spend 5 

hours per year updating the disclosure 

language required under paragraph 

(b)(2) of Rule 18a–10, and that one of 

these stand-alone SBSDs will file the 

notice with the Commission required 

under paragraph (b)(3) of Rule 18a–10, 

which will impose an estimated burden 

of 5 minutes per year. Consequnenty, 

the Commission estimates that the total 

hour burden under Rule 18a–10 is 

approximately 11 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 

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: October 9, 2024. 

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2024–23766 Filed 10–11–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meetings 

TIME AND DATE: Notice is hereby given, 

pursuant to the provisions of the 

Government in the Sunshine Act, Public 

Law 94–409, that the Securities and 

Exchange Commission Small Business 

Capital Formation Advisory Committee 

will hold a public meeting on 

Wednesday, November 13, 2024, via 

videoconference. 

PLACE: The meeting will be conducted 

by remote means (videoconference) and/ 

or at the Commission’s headquarters, 

100 F Street NE, Washington, DC 20549. 

Members of the public may watch the 

webcast of the meeting on the 

Commission’s website at www.sec.gov. 

STATUS: The meeting will begin at 9:00 

a.m. (ET) and will be open to the public 

via webcast on the Commission’s 

website at www.sec.gov. This Sunshine 

Act notice is being issued because a 

majority of the Commission may attend 

the meeting. 

MATTER TO BE CONSIDERED: The agenda 

for the meeting includes matters relating 

to rules and regulations affecting small 

and emerging businesses and their 

investors under the federal securities 

laws. 

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 9, 2024. 

Vanessa A. Countryman, 

Secretary. 

[FR Doc. 2024–23808 Filed 10–10–24; 11:15 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–441, OMB Control No. 

3235–0497] 

Proposed Collection; Comment 

Request; Extension: Rule 15c3–4 

Upon Written Request, Copies Available 

From: Securities and Exchange 


khammond on DSKJM1Z7X2PROD with NOTICES
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