Federal Register / Vol. 89, No. 231 / Monday, December 2, 2024 / Notices 95255 

17See Securities Exchange Act Release No. 

101387 (October 18, 2024), 89 FR 84948 (October 

24, 2024) (SR–Cboe–2024–035) (Notice of Filing of 

Amendment Nos. 2 and 3 and Order Granting 

Accelerated Approval of a Proposed Rule Change, 

as Modified by Amendment Nos. 2 and 3, To Permit 

the Listing and Trading of Options on Bitcoin 

Exchange-Traded Funds). See also Securities 

Exchange Act Release No. 101386 (October 18, 

2024), 89 FR 84960 (October 24, 2024) (SR– 

NYSEAMER–2024–49) (Notice of Filing of 

Amendment No. 3 and Order Granting Accelerated 

Approval of a Proposed Rule Change, as Modified 

by Amendment No. 3, To Permit the Listing and 

Trading of Options on Bitcoin Exchange-Traded 

Funds). 

18See SR–ISE–2024–54. 

19For 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). 20 17 CFR 200.30–3(a)(12), (59). 

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 

Commission previously approved the 

listing of options on the Fidelity Wise 

Origin Bitcoin Fund, the ARK21Shares 

Bitcoin ETF, the Grayscale Bitcoin Trust 

(BTC), the Grayscale Bitcoin Mini Trust 

BTC, and the Bitwise Bitcoin ETF.17 As 

noted above, Phlx’s Options 4 Rules 

were amended by an ISE rule change 18

as those Rules are incorporated by 

reference to ISE’s Options 4 Rules, so 

Phlx has the ability to list the options 

on the Bitcoin Trusts. This proposal 

establishes position and exercise limits 

for options on the Bitcoin Trusts. The 

Commission believes that waiver of the 

operative delay could benefit investors 

by assuring that trading in Bitcoin Trust 

options are subject to the same position 

and exercise limits in place on other 

exchanges. Therefore, 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 as operative upon filing.19

At any time within 60 days of the 

filing of the 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. If the 

Commission takes such action, the 

Commission shall institute proceedings 

to determine whether the proposed rule 

should be approved or disapproved. 

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 (https://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include file number SR– 

Phlx–2024–64 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–Phlx–2024–64. 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 (https://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 

a.m. and 3 p.m. Copies of the filing also 

will be available for inspection and 

copying at the principal office of the 

Exchange. 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. All 

submissions should refer to file number 

SR–Phlx–2024–64 and should be 

submitted on or before December 23, 

2024. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.20

Vanessa A. Countryman, 

Secretary. 

[FR Doc. 2024–28104 Filed 11–29–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–029, OMB Control No. 

3235–0037] 

Submission for OMB Review; 

Comment Request; Extension: Rule 

17f–1(c) and Form X–17F–1A 

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’’) has submitted to the 

Office of Management and Budget 

(‘‘OMB’’) a request for approval of 

extension of the previously approved 

collection of information provided for in 

Rule 17f–1(c) (17 CFR 240.17f–1(c) and 

Form X–17F–1A (17 CFR 249.100) 

under the Securities Exchange Act of 

1934 (15 U.S.C. 78a et seq.). 

Rule 17f–1(c) requires approximately 

9,500 entities in the securities industry 

to report lost, stolen, missing, or 

counterfeit securities certificates to the 

Commission or its designee, to a 

registered transfer agent for the issue, 

and, when criminal activity is 

suspected, to the Federal Bureau of 

Investigation. Such entities are required 

to use Form X–17F–1A to make such 

reports. Filing these reports fulfills a 

statutory requirement that reporting 

institutions report and inquire about 

missing, lost, counterfeit, or stolen 

securities. Since these reports are 

compiled in a central database, the rule 

facilitates reporting institutions to 

access the database that stores 

information for the Lost and Stolen 

Securities Program (‘‘Program’’). 


ddrumheller on DSK120RN23PROD with NOTICES1
95256 Federal Register / Vol. 89, No. 231 / Monday, December 2, 2024 / Notices 

We estimate that the total reporting 

burden for Regulation 17f–1(c), as 

adopted, for all respondents is 

approximately 2,937.5 hours. These 

burdens consist of a one-time burden in 

connection with Accenture Federal 

Services LLC (‘‘Accenture’’) becoming 

the new Program operator of 

approximately 2,000 hours for set-up, 

and annual burdens thereafter of 

approximately 25 hours for maintenance 

and 287.5 hours for reporting. [2,000 + 

3(25 + 287.5) = 2,937.5 hours]. 

• The Commission estimates that 

approximately 50 reporting institutions 

will be subject to this one-time burden, 

which corresponds to 40 hours for each 

of the applicable reporting institutions. 

Further, the Commission estimates that 

updates in the applicable reporting 

institutions’ systems to maintain this 

connectivity will impose an aggregate 

ongoing annualized burden of 25 

burden hours, which corresponds to 30 

minutes for each of the applicable 

reporting institutions. Accordingly, this 

estimated burden to establish and 

maintain connectivity with Accenture 

over three years results in an aggregate 

burden of 691.67 hours per year or 13.83 

hours per applicable reporting 

institution per year. [(50 Respondents × 

1 Responses over 3 years) = 50 × (40 

hour) = 2,000 hours/3 years = 666.67 

hours per year; (50 Respondents × 1 

Responses) = 50 × (.5 hours) = 25 hours; 

666.67 hours + 25 hours = 691.67 hours; 

691.67 hours/50 Respondents = 13.83 

hours/Respondent]. 

• In addition, we estimate that 

approximately 115 reporting institutions 

will submit a report on average 30 times 

each year. The staff estimates that the 

average amount of time necessary for 

each reporting institution to comply 

with the Rule 17f–1(c) and Form X– 

17F–1A is five minutes. As a result, the 

total hourly burden for the periodic 

reporting burden under Rule 17f–1(c) is 

approximately 287.5 hours [(115 

Respondents × 30 Responses) × (5 

minutes/60 minutes/hour)]. 

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. 

The 30-day public comment period 

for this information collection request 

opens on December 3, 2024 and ends on 

January 2, 2025. View the full 

information request and submit 

comments at https://www.reginfo.gov/ 

public/do/PRAViewICR?ref_

nbr=202409-3235-021 or email 

comments to MBX.OMB.OIRA.SEC_

desk_officer@omb.eop.gov. 

Dated: November 26, 2024. 

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2024–28223 Filed 11–29–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–451, OMB Control No. 

3235–0763] 

Proposed Collection; Comment 

Request; Extension: Rule 304 of 

Regulation ATS 

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 304 of Regulation 

ATS (17 CFR 242.304) and Form ATSN under the Securities Exchange Act of 

1934 (15 U.S.C. 78a et seq.) (‘‘Exchange 

Act’’). The Commission plans to submit 

this existing collection of information to 

the Office of Management and Budget 

(‘‘OMB’’) for extension and approval. 

Regulation ATS provides a regulatory 

structure for alternative trading systems. 

Rule 304 of Regulation ATS provides 

conditions for NMS Stock ATSs seeking 

to rely on the exemption from the 

definition of ‘‘exchange’’ provided by 

Rule 3a1–1(a) of the Exchange Act, 

including to file a Form ATS-N, and for 

that Form ATS-N to become effective. 

Form ATS-N requires NMS Stock ATSs 

to provide information about their 

manner of operations, the broker-dealer 

operator, and the ATS-related activities 

of the broker-dealer operator and its 

affiliates to comply with the conditions 

provided under Rule 304. Form ATS-N 

promotes more efficient and effective 

market operations by providing more 

transparency to market participants 

about the operations of NMS Stock 

ATSs and the potential conflicts of 

interest of the controlling broker-dealer 

operator and its affiliates, and helps 

brokers meet their best execution 

obligations to their customers. 

Operational transparency rules, 

including Form ATS-N, are designed to 

increase competition among trading 

centers in regard to order routing and 

execution quality. 

The Commission staff estimates that 

entities subject to the requirements of 

Rule 304 and Form ATS-N will spend 

a total of approximately 1,901 hours a 

year to comply with the Rule. 

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 

January 31, 2025. 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 Tanya Ruttenberg, 100 

F Street NE, Washington, DC 20549, or 

send an email to: PRA_Mailbox@

sec.gov. 

Dated: November 25, 2024. 

Vanessa A. Countryman, 

Secretary. 

[FR Doc. 2024–28122 Filed 11–29–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

35400; 812–15646] 

Hamilton Lane Private Assets Fund, 

Hamilton Lane Private Infrastructure 

Fund, Hamilton Lane Private 

Secondary Fund and Hamilton Lane 

Advisors, L.L.C. 

November 26, 2024. 

AGENCY: Securities and Exchange 

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

ACTION: Notice. 

Notice of application for an order 

under section 6(c) of the Investment 

Company Act of 1940 (the ‘‘Act’’) 

granting an exemption from section 

23(a)(1) of the Act. 

SUMMARY OF APPLICATION: Applicants 

request an order to permit certain 

registered closed-end management 

investment companies and business 

development companies (as defined 

under section 2(a)(48) of the Act) to pay 

investment advisory fees (as described 


ddrumheller on DSK120RN23PROD with NOTICES1