17358 Federal Register / Vol. 87, No. 59 / Monday, March 28, 2022 / Notices 

30 15 U.S.C. 78s(b)(3)(A). 

31 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. 

32 17 CFR 240.19b–4(f)(6)(iii). 

33See supra notes 9 and 10. 

34For purposes only of waiving the 30-day 

operative delay, the Commission has also 

considered the proposed rule’s impact on 

efficiency, competition, and capital formation. See 

15 U.S.C. 78c(f). 35 17 CFR 200.30–3(a)(12). 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were solicited 

or received with respect to the proposed 

rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Because the foregoing proposed rule 

change does not: (i) Significantly affect 

the protection of investors or the public 

interest; (ii) impose any significant 

burden on competition; and (iii) become 

operative for 30 days from the date on 

which it was filed, or such shorter time 

as the Commission may designate, it has 

become effective pursuant to Section 

19(b)(3)(A) of the Act 30 and Rule 

19b–4(f)(6) thereunder.31

A proposed rule change filed 

pursuant to Rule 19b–4(f)(6) under the 

Act normally does not become operative 

for 30 days after the date of its filing. 

However, Rule 19b–4(f)(6)(iii) 32 permits 

the Commission to designate a shorter 

time if such action is consistent with the 

protection of investors and the public 

interest. The Exchange has requested 

that the Commission waive the 30-day 

operative delay so that the proposal may 

become operative immediately upon 

filing. The Exchange notes that the 

Commission has approved and noticed 

for immediate effectiveness proposed 

rule changes to permit listing and 

trading on the Exchange of Active Proxy 

Portfolio Shares similar to the Fund.33

The proposed listing rule for the Fund 

raises no novel legal or regulatory 

issues. Thus, the Commission believes 

that waiver of the 30-day operative 

delay is consistent with the protection 

of investors and the public interest. 

Accordingly, the Commission hereby 

waives the 30-day operative delay and 

designates the proposed rule change 

operative upon filing.34

At any time within 60 days of the 

filing of such 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. 

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–NYSEArca–2022–14 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–NYSEArca–2022–14. 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–NYSEArca–2022–14 and 

should be submitted on or before April 

18, 2022. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.35

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–06385 Filed 3–25–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–536, OMB Control No. 

3235–0596] 

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 204A–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 collections of information 

summarized below. The Commission 

plans to submit these existing 

collections of information to the Office 

of Management and Budget for 

extension and approval. 

The title for the collection of 

information is ‘‘Rule 204A–1 (17 CFR 

275.204A–1) under the Investment 

Advisers Act of 1940’’ (15 U.S.C. 80b– 

1 et seq.). Rule 204A–1 (the ‘‘Code of 

Ethics Rule’’) requires investment 

advisers registered with the Commission 

to (i) set forth standards of conduct 

expected of advisory personnel 

(including compliance with the federal 

securities laws); (ii) safeguard material 

nonpublic information about client 

transactions; and (iii) require the 

adviser’s ‘‘access persons’’ to report 

their personal securities transactions, 

including transactions in any mutual 

fund managed by the adviser. The Code 

of Ethics Rule requires access persons to 

obtain the adviser’s approval before 

investing in an initial public offering or 

private placement. The Code of Ethics 

Rule also requires prompt reporting, to 

the adviser’s chief compliance officer or 

another person designated in the code of 

ethics, of any violations of the code. 

Finally, the Code of Ethics Rule requires 

the adviser to provide each supervised 

person with a copy of the code and any 

amendments, and require the 


jspears on DSK121TN23PROD with NOTICES1
Federal Register / Vol. 87, No. 59 / Monday, March 28, 2022 / Notices 17359 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 93819 

(December 23, 2021), 86 FR 73038 (‘‘Notice’’). 

4See Securities Exchange Act Release No. 94082, 

87 FR 5878 (January 27, 2022). 

5On March 4, 2022, the Exchange withdrew 

Amendment No. 1 to the proposed rule change. 

6 In Amendment No. 2, the Exchange revised the 

proposal to: (i) Reflect recently adopted CBOE rules 

relating a modified trading schedule for U.S. 

domestic holidays, held order instructions, and a 

new domestic holiday; (ii) provide additional 

description of several aspects of the proposal, 

including the impact of the modified trading 

schedule for U.S. domestic holidays on the 

proposed Curb session and notifications relating to 

catastrophic error reviews; and (iii) make technical 

and conforming changes. The Exchange also further 

discussed why it is appropriate to resume trading 

during GTH and Curb after a trading halt and 

clarified the application of CBOE Rule 5.22 during 

Curb. Amendment No. 2 is available on the 

Commission’s website at: https://www.sec.gov/ 

comments/sr-cboe-2021-071/srcboe2021071- 

20118875-271696.pdf. 

supervised persons to acknowledge, in 

writing, their receipt of these copies. 

The purposes of the information 

collection requirements are to: (i) 

Ensure that advisers maintain codes of 

ethics applicable to their supervised 

persons; (ii) provide advisers with 

information about the personal 

securities transactions of their access 

persons for purposes of monitoring such 

transactions; (iii) provide advisory 

clients with information with which to 

evaluate advisers’ codes of ethics; and 

(iv) assist the Commission’s 

examination staff in assessing the 

adequacy of advisers’ codes of ethics 

and assessing personal trading activity 

by advisers’ supervised persons. 

The respondents to this information 

collection are investment advisers 

registered with the Commission. The 

Commission has estimated that 

compliance with rule 204A–1 imposes a 

burden of approximately 87 hours per 

adviser annually for an estimated total 

annual burden of 1,275,659 hours. 

An agency may not conduct or 

sponsor a collection of information 

unless it displays a currently valid OMB 

control number. No person shall be 

subject to any penalty for failing to 

comply with a collection of information 

subject to the PRA that does not display 

a 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 

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 in 

writing within 60 days of this 

publication by May 27, 2022. 

Please direct your written comments 

to David Bottom, Director/Chief 

Information Officer, Securities and 

Exchange Commission, C/O John 

Pezzullo, 100 F Street NE, Washington, 

DC 20549; or send an email to: PRA_

Mailbox@sec.gov. 

Dated: March 23, 2022. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–06421 Filed 3–25–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meeting 

TIME AND DATE: Notice is hereby given, 

pursuant to the provisions of the 

Government in the Sunshine Act, Public 

Law 94–409, the Securities and 

Exchange Commission will hold an 

Open Meeting on Wednesday, March 

30, 2022 at 11:30 a.m. 

PLACE: The meeting will be webcast on 

the Commission’s website at 

www.sec.gov. 

STATUS: This meeting will begin at 11:30 

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

via webcast on the Commission’s 

website at www.sec.gov. 

MATTERS TO BE CONSIDERED: 1. The 

Commission will consider whether to 

propose amendments regarding special 

purpose acquisition companies, shell 

companies, the use of projections in 

Commission filings and a rule 

addressing the status of special purpose 

acquisition companies under the 

Investment Company Act of 1940. 

CONTACT PERSON FOR MORE INFORMATION: 

For further information and to ascertain 

what, if any, matters have been added, 

deleted or postponed, please contact 

Vanessa A. Countryman from the Office 

of the Secretary at (202) 551–5400. 

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

Dated: March 23, 2022. 

Vanessa A. Countryman, 

Secretary. 

[FR Doc. 2022–06533 Filed 3–24–22; 11:15 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–94484; File No. SR–CBOE– 

2021–071] 

Self-Regulatory Organizations; Cboe 

Exchange, Inc.; Notice of Filing of 

Amendment No. 2 and Order Granting 

Accelerated Approval of a Proposed 

Rule Change, as Modified by 

Amendment No. 2, To Adopt a New 

Trading Session That Will Operate 

After the Close of the Regular Trading 

Hours Session 

March 22, 2022. 

I. Introduction 

On December 15, 2021, Cboe 

Exchange, Inc. (‘‘Exchange’’ or ‘‘CBOE’’) 

filed with the Securities and Exchange 

Commission (‘‘Commission’’), pursuant 

to Section 19(b)(1) of the Securities 

Exchange Act of 1934 (‘‘Act’’),1 and 

Rule 19b–4 thereunder,2 a proposed rule 

change to adopt a new forty-five-minute 

trading session that will operate after 

the close of the Regular Trading Hours 

session. The proposed rule change was 

published for comment in the Federal 

Register on December 23, 2021.3 On 

January 12, 2022, the Commission 

designated a longer period for 

Commission action on the proposed rule 

change, until March 23, 2022.4 On 

February 14, 2022, the Exchange filed 

Amendment No. 1 to the proposed rule 

change, which replaced and superseded 

the proposed rule change.5 On March 4, 

2022, the Exchange filed Amendment 

No. 2 to the proposed rule change, 

which replaced and superseded the 

proposed rule change.6 The Commission 

has received no comment letters on the 

proposal. The Commission is publishing 

this notice to solicit comments on the 

proposed rule change, as modified by 

Amendment No. 2, from interested 

persons and is approving the proposed 

rule change, as modified by Amendment 

No. 2, on an accelerated basis. 

II. The Exchange’s Description of the 

Proposed Rule Change, as Modified by 

Amendment No. 2 

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. 


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