95842 Federal Register / Vol. 89, No. 232 / Tuesday, December 3, 2024 / Notices 

68 17 CFR 200.30–3(a)(12), (59). 

submissions should refer to file number 

SR–BOX–2024–29 and should be 

submitted on or before December 24, 

2024. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.68

Stephanie J. Fouse, 

Assistant Secretary. 

[FR Doc. 2024–28341 Filed 12–2–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–136, OMB Control No. 

3235–0157] 

Submission for OMB Review; 

Comment Request; Extension: Form 

N–8F 

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 (the 

‘‘Commission’’) has submitted to the 

Office of Management and Budget a 

request for extension of the previously 

approved collection of information 

discussed below. 

Form N–8F (17 CFR 274.218) is the 

form prescribed for use by registered 

investment companies in certain 

circumstances to request orders of the 

Commission declaring that the 

registration of that investment company 

cease to be in effect. The form requests 

information about: (i) the investment 

company’s identity, (ii) the investment 

company’s distributions, (iii) the 

investment company’s assets and 

liabilities, (iv) the events leading to the 

request to deregister, and (v) the 

conclusion of the investment company’s 

business. The information is needed by 

the Commission to determine whether 

an order of deregistration is appropriate. 

The Form takes approximately 5.2 

hours on average to complete. It is 

estimated that approximately 101 

investment companies file Form N–8F 

annually, so the total annual burden for 

the form is estimated to be 

approximately 525 hours. The estimate 

of average burden hours is made solely 

for the purposes of the Paperwork 

Reduction Act and is not derived from 

a comprehensive or even a 

representative survey or study. 

Commission staff continues to believe 

that there is no cost burden for 

completing and filing Form N–8F. 

The collection of information on Form 

N–8F is not mandatory. The information 

provided on Form N–8F 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 30-day public comment period 

for this information collection request 

opens on December 4, 2024 and closes 

on January 3, 2025. The public may 

view the full information request and 

submit comments at https://

www.reginfo.gov/public/do/

PRAViewICR?ref_nbr=202408-3235-028 

or email comments to 

MBX.OMB.OIRA.SEC_desk_officer@

omb.eop.gov. 

Dated: November 26, 2024. 

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2024–28260 Filed 12–2–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–261, OMB Control No. 

3235–0274] 

Proposed Collection; Comment 

Request; Extension: Rule 17Ad–11 

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 17Ad–11 (17 CFR 

240.17Ad–11), 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 17Ad–11 requires every 

registered recordkeeping transfer agent 

to report certain information to issuers 

and its appropriate regulatory agency in 

the event that the aggregate market 

value of an ‘‘aged record difference’’ 

exceeds certain thresholds. A ‘‘record 

difference’’ occurs when the number of 

shares or principal dollar amount of 

securities in an issuer’s records do not 

equal those in the master securityholder 

file as indicated, for instance, on 

certificates presented to the transfer 

agent for purchase, redemption, or 

transfer. An ‘‘aged record difference’’ is 

a record difference that has existed for 

more than 30 calendar days. In addition, 

the rule requires every registered 

recordkeeping transfer agent to report 

certain information to issuers and its 

appropriate regulatory agency 

concerning buy-ins of all issues for 

which it acts as recordkeeping transfer 

agent. Further, the rule requires every 

registered recordkeeping transfer agent 

to report to its appropriate regulatory 

agency when it has failed to post 

certificate detail to the master 

securityholder file within five business 

days of the time required by Rule 17Ad– 

10 (17 CFR 240.17Ad–10). Transfer 

agents must also maintain a copy of any 

report required under Rule 17Ad–11 for 

a period of not less than three years 

following the date of the report, the first 

year in an easily accessible place. 

Because the information required by 

Rule 17Ad–11 is already available to 

transfer agents, any collection burden 

for small transfer agents is minimal. 

Based on a review of the number of Rule 

17Ad–11 reports the Commission, the 

Comptroller of the Currency, the Board 

of Governors of the Federal Reserve 

System, and the Federal Deposit 

Insurance Corporation (collectively, the 

‘‘appropriate regulatory agencies’’) 

received since 2019, the Commission 

staff estimates that 8 respondents will 

file a total of approximately 1 report 

annually. The Commission staff 

estimates that, on average, each report 

can be completed in 30 minutes. 

Therefore, the total annual time burden 

for the entire transfer agent industry is 

approximately .5 hours (0.5 hours × 1 

report). Assuming an average hourly 

rate of $78 for a compliance staff 

employee at a transfer agent, the average 

total internal cost of compliance for 

each report is $39. The total annual 

internal cost of compliance for the 

estimated 8 respondents is thus 

approximately $39 ($39 per report × 1 

report). 

The retention period for the 

recordkeeping requirement under Rule 

17Ad–11 is not less than three years 

following the date of a report prepared 

pursuant to the rule. The recordkeeping 

requirement under Rule 17Ad–11 is 

mandatory to assist the Commission and 

other regulatory agencies in monitoring 

transfer agents who are not performing 

their functions promptly and accurately. 

This rule does not involve the collection 

of confidential information. 

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; 


lotter on DSK11XQN23PROD with NOTICES1