Federal Register / Vol. 89, No. 237 / Tuesday, December 10, 2024 / Proposed Rules 99175 

the anticipated impact is so minimal. 

Since this is a routine matter that will 

only affect air traffic procedures and air 

navigation, it is certified that this 

proposed rule, when promulgated, will 

not have a significant economic impact 

on a substantial number of small entities 

under the criteria of the Regulatory 

Flexibility Act. 

Environmental Review 

This proposal will be subject to an 

environmental analysis in accordance 

with FAA Order 1050.1F, 

‘‘Environmental Impacts: Policies and 

Procedures’’ prior to any FAA final 

regulatory action. 

List of Subjects in 14 CFR Part 71 

Airspace, Incorporation by reference, 

Navigation (air). 

The Proposed Amendment 

In consideration of the foregoing, the 

Federal Aviation Administration 

proposes to amend 14 CFR part 71 as 

follows: 

PART 71—DESIGNATION OF CLASS A, 

B, C, D, AND E AIRSPACE AREAS; AIR 

TRAFFIC SERVICE ROUTES; AND 

REPORTING POINTS 

■ 1. The authority citation for 14 CFR 

part 71 continues to read as follows: 

Authority: 49 U.S.C. 106(f), 106(g); 40103, 

40113, 40120; E.O. 10854, 24 FR 9565, 3 CFR, 

1959–1963 Comp., p. 389. 

§ 71.1 [Amended] 

■ 2. The incorporation by reference in 

14 CFR 71.1 of FAA Order JO 7400.11J, 

Airspace Designations and Reporting 

Points, dated July 31, 2024, and 

effective September 15, 2024, is 

amended as follows: 

Paragraph 5000 Class D Airspace. 

* * * * * 

ANM WY D Cheyenne, WY [Amended] 

Cheyenne Regional/Jerry Olson Field, WY 

(Lat. 41°09′20′′ N, long. 104°48′38′′ W) 

That airspace extending upward from the 

surface to and including 8,700 feet MSL 

within a 5.6-mile radius of Cheyenne 

Regional/Jerry Olson Field. This Class D 

airspace area is effective during the specific 

dates and times established in advance by a 

Notice to Air Missions. The effective date 

and time will thereafter be continuously 

published in the Chart Supplement. 

* * * * * 

Paragraph 6002 Class E Airspace Areas 

Designated as a Surface Area. 

* * * * * 

ANM WY E2 Cheyenne, WY [Amended] 

Cheyenne Regional/Jerry Olson Field, WY 

(Lat. 41°09′20′′ N, long. 104°48′38′′ W) 

That airspace extending upward from the 

surface within a 5.6-mile radius of Cheyenne 

Regional/Jerry Olson Field. This Class E 

airspace area is effective during the specific 

dates and times established in advance by a 

Notice to Air Missions. The effective date 

and time will thereafter be continuously 

published in the Chart Supplement. 

* * * * * 

Paragraph 6005 Class E Airspace Areas 

Extending Upward From 700 Feet or More 

Above the Surface of the Earth. 

* * * * * 

ANM WY E5 Cheyenne, WY [Amended] 

Cheyenne Regional/Jerry Olson Field, WY 

(Lat. 41°09′20′′ N, long. 104°48′38′′ W) 

That airspace extending upward from 700 

feet above the surface within an 8.1-mile 

radius of Cheyenne Regional/Jerry Olson 

Field, within a 9.1-mile radius of the airport 

between its 209° bearing clockwise to its 336° 

bearing, within 2.4 miles each side of the 

airport’s 028° bearing extending from its 8.1- 

mile radius to 10.8 miles northeast of the 

airport, and within 2.2 miles each side of the 

airport’s 275° bearing extending from its 9.1- 

mile radius to 10.6 miles west of the airport. 

* * * * * 

Issued in Des Moines, Washington, on 

December 3, 2024. 

B.G. Chew, 

Group Manager, Operations Support Group, 

Western Service Center. 

[FR Doc. 2024–28872 Filed 12–9–24; 8:45 am] 

BILLING CODE 4910–13–P 

SECURITIES AND EXCHANGE 

COMMISSION 

17 CFR Chapter II 

[Release Nos. 33–11330; 34–101769; 39– 

2558; File No. S7–2024–08] 

List of Rules To Be Reviewed Pursuant 

to the Regulatory Flexibility Act 

AGENCY: Securities and Exchange 

Commission. 

ACTION: Publication of list of rules 

scheduled for review. 

SUMMARY: The Securities and Exchange 

Commission is publishing a list of rules 

to be reviewed pursuant to the 

Regulatory Flexibility Act. The list is 

published to provide the public with 

notice that these rules are scheduled for 

review by the agency and to invite 

public comment on whether the rules 

should be continued without change, or 

should be amended or rescinded to 

minimize any significant economic 

impact of the rules upon a substantial 

number of small entities. 

DATES: Comments should be submitted 

by January 9, 2025. 

ADDRESSES: Comments may be 

submitted by any of the following 

methods: 

Electronic Comments 

• Use the Commission’s internet 

comment form (https://www.sec.gov/ 

rules/submitcomments.html); or 

• Send an email to rule-comments@

sec.gov. Please include File Number S7– 

2024–08 on the subject line. 

Paper Comments 

• Send paper comments to Secretary, 

U.S. Securities and Exchange 

Commission, 100 F Street NE, 

Washington, DC 20549–1090. 

All submissions should refer to File 

Number S7–2024–08. 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 of submission. The 

Commission will post all comments on 

the Commission’s website (https://

www.sec.gov/comments/s7-2024-08/ 

s7202408.htm). Comments also are 

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 

a.m. and 3 p.m. Operating conditions 

may limit access to the Commission’s 

Public Reference Room. Do not include 

personal identifiable information in 

submissions; you should submit only 

information that you wish to make 

available publicly. We may redact in 

part or withhold entirely from 

publication submitted material that is 

obscene or subject to copyright 

protection. Studies, memoranda, or 

other substantive items may be added 

by the Commission or staff to the 

comment file during this rulemaking. A 

notification of the inclusion in the 

comment file of any such materials will 

be made available on our website. To 

ensure direct electronic receipt of such 

notifications, sign up through the ‘‘Stay 

Connected’’ option at www.sec.gov to 

receive notifications by email. 

FOR FURTHER INFORMATION CONTACT: 

Sandra Sojka, General Attorney, Office 

of the General Counsel, 202–551–4928. 

SUPPLEMENTARY INFORMATION: The 

Regulatory Flexibility Act (‘‘RFA’’), 

codified at 5 U.S.C. 601–612, requires 

an agency to review its rules that have 

a significant economic impact upon a 

substantial number of small entities 

within ten years of the publication of 

such rules as final rules. 5 U.S.C. 610(a). 

The purpose of the review is ‘‘to 

determine whether such rules should be 

continued without change, or should be 


khammond on DSK9W7S144PROD with PROPOSALS
99176 Federal Register / Vol. 89, No. 237 / Tuesday, December 10, 2024 / Proposed Rules 

amended or rescinded . . . to minimize 

any significant economic impact of the 

rules upon a substantial number of such 

small entities.’’ 5 U.S.C. 610(a). The 

RFA sets forth specific considerations 

that must be addressed in the review of 

each rule: 

• the continued need for the rule; 

• the nature of complaints or 

comments received concerning the rule 

from the public; 

• the complexity of the rule; 

• the extent to which the rule 

overlaps, duplicates or conflicts with 

other federal rules, and, to the extent 

feasible, with state and local 

governmental rules; and 

• the length of time since the rule has 

been evaluated or the degree to which 

technology, economic conditions, or 

other factors have changed in the area 

affected by the rule. 5 U.S.C. 610(b). 

The list below includes rules adopted 

in 2015 that may have a significant 

economic impact on a substantial 

number of small entities (but excludes 

rules that have been substantially 

changed since adoption, rules that are 

minor amendments to previously 

adopted rules, and rules that are 

ministerial, procedural, or technical in 

nature). Where the Commission has 

previously made a determination of a 

rule’s impact on small businesses, the 

determination is noted on the list. 

The Commission particularly solicits 

public comment on whether the rules 

listed below affect small businesses in 

new or different ways than when they 

were first adopted. The rules and forms 

listed below are scheduled for review by 

staff of the Commission. 

Title: Crowdfunding. 

Citation: 17 CFR 230–1, 17 CFR 

227.100, 17 CFR 227.201, 17 CFR 

227.202, 17 CFR 227.203, 17 CFR 

227.204, 17 CFR 227.205, 17 CFR 

227.300, 17 CFR 227.301, 17 CFR 

227.302, 17 CFR 227.303, 17 CFR 

227.304, 17 CFR 227.305, 17 CFR 

227.400, 17 CFR 227.401, 17 CFR 

227.402, 17 CFR 227.403, 17 CFR 

227.404, 17 CFR 227.501, 17 CFR 

227.502, 17 CFR 227.503, 17 CFR 

232.101, 17 CFR 239.900, 17 CFR 

240.12g–6, 17 CFR 249.2000, 17 CFR 

269, and 17 CFR 274. 

Authority: 15 U.S.C. 77c, 77d, 77d–1, 

77f, 77g, 77h, 77j, 77o, 77s, 77s(a), 77z– 

2, 77z–3, 77ddd, 77ddd(c), 77eee, 77ggg, 

77hhh, 77iii, 77jjj, 77nnn, 77sss, 77ttt, 

77sss(a), 78a et seq., 78c, 78c–3, 78c–5, 

78c(b), 78d, 78d–1, 78d–2, 78e, 78f, 78g, 

78i, 78j, 78j–1, 78k, 78k–1, 78l, 78m, 

78n, 78n–1, 78o, 78o(d), 78o–4, 78o–7 

note, 78o–10, 78p, 78q, 78q–1, 78s, 78u– 

5, 78w, 78w(a), 78x, 78ll, 78ll(d), 78mm, 

80a–2(a), 80a–3, 80a–6(c), 80a–8, 80a–9, 

80a–10, 80a–13, 80a–20, 80a–23, 80a– 

24, 80a–26, 80a–29, 80a–30, 80a–37, 

80b–3, 80b–4, 80b–11, 7201 et seq., 

7202, 7211 et seq., 8302; 7 U.S.C. 

2(c)(2)(E); 12 U.S.C. 5221(e)(3); 12 

U.S.C. 5461 et seq.; 18 U.S.C. 1350; Pub. 

L. 111–203, 939A, 124 Stat. 1376 (2010); 

and Pub. L. 112–106, secs. 301–305, 126 

Stat. 306 (2012), unless otherwise noted. 

Description: The Securities and 

Exchange Commission adopted new 

Regulation Crowdfunding under the 

Securities Act of 1933 and the Securities 

Exchange Act of 1934 to implement the 

requirements of Title III of the Jumpstart 

Our Business Startups Act. Regulation 

Crowdfunding prescribes rules 

governing the offer and sale of securities 

under new Section 4(a)(6) of the 

Securities Act of 1933. Regulation 

Crowdfunding also provides a 

framework for the regulation of 

registered funding portals and brokerdealers that issuers are required to use 

as intermediaries in the offer and sale of 

securities in reliance on Section 4(a)(6). 

In addition, Regulation Crowdfunding 

conditionally exempts securities sold 

pursuant to Section 4(a)(6) from the 

registration requirements of Section 

12(g) of the Securities Exchange Act of 

1934. 

Prior RFA Analysis: When the 

Commission adopted the rule on 

October 30, 2015, it published a Final 

Regulatory Flexibility Analysis in the 

adopting release, Release Nos. 33–9974/ 

34–76324, available at: https://

www.federalregister.gov/documents/ 

2015/11/16/2015-28220/crowdfunding. 

The Commission solicited comment on 

its Initial Regulatory Flexibility 

Analysis published in the proposing 

release, Release Nos. 33–9470/34–70741 

(Oct. 23, 2013), available at: https://

www.federalregister.gov/documents/ 

2013/11/05/2013-25355/crowdfunding, 

and considered comments received at 

the time. 

* * * * * 

Title: Amendments for Small and 

Additional Issues Exemptions Under the 

Securities Act (Regulation A). 

Citation: 17 CFR 200.30–1, 17 CFR 

230.157, 17 CFR 230.251, 17 CFR 

230.252, 17 CFR 230.253, 17 CFR 

230.254, 17 CFR 230.255, 17 CFR 

230.256, 17 CFR 230.257, 17 CFR 

230.258, 17 CFR 230.259, 17 CFR 

230.260, 17 CFR 230.261, 17 CFR 

230.262, 17 CFR 230.263, 17 CFR 

230.505, 17 CFR 232.101, 17 CFR 

239.90, 17 CFR 239.91, 17 CFR 239.92, 

17 CFR 239.93, 17 CFR 239.94, 17 CFR 

240.12g5–1, 17 CFR 240.15c2–11, 17 

CFR 249.208a, and 17 CFR 260.4a–1. 

Authority: 15 U.S.C. 77b, 77b note, 

77c, 77d, 77f, 77g, 77h, 77j, 77o, 77r, 

77s, 77s(a), 77z–2, 77z–3, 77ddd, 77eee, 

77ggg, 77nnn, 77sss, 77sss(a), 77ttt, 78a 

et seq., 78c, 78c–3, 78c–5, 78c(b), 78d, 

78d–1, 78d–2, 78e, 78f, 78g, 78i, 78j, 

78j–1, 78k, 78k–1, 78l, 78m, 78n, 78n– 

1, 78o, 78o(d), 78o–4, 78o–7 note, 78o– 

10, 78p, 78q, 78q–1, 78s, 78t, 78u–5, 

78w, 78w(a), 78x, 78ll, 78ll(d), 78mm, 

80a–2(a), 80a–3, 80a–6(c), 80a–8, 80a–9, 

80a–10, 80a–13, 80a–20, 80a–23, 80a– 

24, 80a–26, 80a–28, 80a–29, 80a–30, 

80a–37, 80b–3, 80b–4, 80b–11, 7201 et 

seq.; 7202, 7211 et seq., 8302; 7 U.S.C. 

2(c)(2)(E); 12 U.S.C. 5221(e)(3); 12 

U.S.C. 5461 et seq.; 18 U.S.C. 1350; Pub. 

L. 111–203, 939A, 124 Stat. 1376, 

(2010); and Pub. L. 112–106, sec. 201(a), 

sec. 401, 126 Stat. 313 (2012), unless 

otherwise noted. 

Description: The Commission adopted 

amendments to Regulation A and other 

rules and forms to implement Section 

401 of the Jumpstart Our Business 

Startups (JOBS) Act. Section 401 of the 

JOBS Act added Section 3(b)(2) to the 

Securities Act of 1933, which directs the 

Commission to adopt rules exempting 

from the registration requirements of the 

Securities Act offerings of up to $50 

million of securities annually. The final 

rules include issuer eligibility 

requirements, content and filing 

requirements for offering statements, 

and ongoing reporting requirements for 

issuers in Regulation A offerings. 

Prior RFA Analysis: When the 

Commission adopted the amendments 

and forms on March 25, 2015, it 

published a Final Regulatory Flexibility 

Analysis in the adopting release, 

Release Nos. 33–9741/34–74578/39– 

2501, available at: https://

www.federalregister.gov/documents/ 

2015/04/20/2015-07305/amendmentsfor-small-and-additional-issuesexemptions-under-the-securities-actregulation-a. The Commission solicited 

comment on the Initial Regulatory 

Flexibility Analysis published in the 

proposing release, Release Nos. 33– 

9497/34–71120/39–2493 (Dec. 18, 

2013), available at: https://

www.federalregister.gov/documents/ 

2014/01/23/2013-30508/proposed-ruleamendments-for-small-and-additionalissues-exemptions-under-section-3b-ofthe, and considered comments received 

at that time. 

* * * * * 

By the Commission. 

Dated: November 27, 2024. 

Stephanie J. Fouse, 

Assistant Secretary. 

[FR Doc. 2024–28353 Filed 12–9–24; 8:45 am] 

BILLING CODE 8011–01–P 


khammond on DSK9W7S144PROD with PROPOSALS