38514 Federal Register / Vol. 86, No. 137 / Wednesday, July 21, 2021 / Notices 

9. Each Subadvised Fund will 

disclose in its registration statement the 

Aggregate Fee Disclosure. 

10. In the event that the Commission 

adopts a rule under the Act providing 

substantially similar relief to that in the 

order requested in the Application, the 

requested order will expire on the 

effective date of that rule. 

11. Any new Subadvisory Agreement 

or any amendment to an existing 

Investment Advisory Agreement or 

Subadvisory Agreement that directly or 

indirectly results in an increase in the 

aggregate advisory fee rate payable by 

the Subadvised Fund will be submitted 

to the Subadvised Fund’s shareholders 

for approval. 

For the Commission, by the Division of 

Investment Management, under delegated 

authority. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–15463 Filed 7–20–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–776, OMB Control No. 

3235–0730] 

Submission for OMB Review; 

Comment Request 

Extension: 

Form N–PORT 

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. 

The title for the collection of 

information is ‘‘Form N–PORT under 

the Investment Company Act of 1940.’’ 

Form N–PORT requires funds to report 

portfolio holdings information in a 

structured, XML format. The form is 

filed electronically using the 

Commission’s electronic filing system 

(Electronic Data Gathering, Analysis and 

Retrieval or ‘‘EDGAR’’). The purpose of 

Form N–PORT is to satisfy the filing and 

disclosure requirements of Section 30(b) 

of the Investment Company Act, and of 

Rule 30b1–9 thereunder. 

We estimate that 11980 entities will 

be required to submit reports on Form 

N–PORT. We estimate that 35% of 

funds will file reports on Form N–PORT 

in house and the remaining 65% of 

funds will retain the services of a third 

party to prepare and file reports on 

Form N–PORT on the fund’s behalf. The 

estimated annual hourly burden 

associated with Form N–PORT 

1,839,903 hours for an average of 153.6 

hours per entity. The total annual 

internal time cost associated with Form 

N–PORT is $654,658,288. The total 

annual external cost associated with 

Form N–PORT is $113,858,133. 

The requirements of this collection of 

information are mandatory. Responses 

will not be 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 control 

number. 

The public may view the background 

documentation for this information 

collection at the following website, 

www.reginfo.gov. Comments should be 

directed to: (i) Desk Officer for the 

Securities and Exchange Commission, 

Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, Room 10102, New Executive 

Office Building, Washington, DC 20503, 

or by sending an email to: 

Lindsay.M.Abate@omb.eop.gov; and (ii) 

David Bottom, Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o Cynthia 

Roscoe, 100 F Street NE, Washington, 

DC 20549 or send an email to: PRA_

Mailbox@sec.gov. Comments must be 

submitted to OMB within 60 days of 

this notice. 

Dated: July 15, 2021. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–15432 Filed 7–20–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–663, OMB Control No. 

3235–0724] 

For Submission; Comment Request 

Upon Written Request Copies Available 

From: U.S. Securities and Exchange 

Commission, Office of FOIA Services, 

100 F Street NE, Washington, DC 

20549–2736 

Extension: 

Supplier Diversity Business Management 

System 

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 

(‘‘Commission’’) has submitted to the 

Office of Management and Budget 

(‘‘OMB’’) a request for extension of the 

previously approved collection of 

information summarized below. 

The Commission is required under 

Section 342 of the Dodd-Frank Wall 

Street and Reform Act to develop 

standards and processes for ensuring the 

fair inclusion of women-owned and 

minority-owned businesses in all of the 

Commission’s business activities. In 

addition, the Commission is required to 

develop standards for coordinating 

technical assistance to minority-owned 

and women-owned businesses. 12 

U.S.C. 5452(b)(2)(B). To help implement 

these requirements, the Office of 

Minority and Women Inclusion (OMWI) 

developed and maintains an electronic 

Supplier Diversity Business 

Management System (SDBMS) to collect 

up-to-date business information and 

capabilities statements from diverse 

suppliers interested in doing business 

with the Commission. The information 

collected in SDBMS assists the 

Commission with its market research 

efforts, enables the Commission to 

assess the effectiveness of its technical 

assistance and outreach efforts and 

identify target areas for additional 

program efforts, and facilitates the 

Commission’s compliance with its 

Congressionally-mandated reporting 

obligations on the Commission’s 

contract awards. 

The Commission invited comments 

on SDBMS. Information is collected in 

SDBMS via web-based, e-filed, dynamic 

form-based technology. The company 

point of contact completes a profile 

consisting of basic contact data and 

information on the capabilities of the 

business. The profile includes a series of 

questions, some of which are based on 

the data that the individual enters. 

Drop-down lists are included where 

appropriate to increase ease of use. 

The information collection is 

voluntary. There are no costs associated 

with this collection. SDBMS allows 

suppliers to self-register via a secure 

web portal that is accessible through a 

hyperlink on the Commission’s public 

website. 

Estimated number of annual 

responses: 300. 

Estimated annual reporting burden: 

150 hours (30 minutes per submission). 

Other than a recent decrease in the 

number of respondents, presumably due 

to the COVID–19 pandemic, the 

estimated number of respondents 

overall remains the same at 300 per 

year, based on the actual response rate 

prior to the pandemic. As such, the total 

burden estimate also remains the same 

at 150 hours. 

On May 11, 2021, the Commission 

published a notice in the Federal 

Register (86 FR 25931) of its intention 

to request an extension of this currently 

approved collection of information, and 


jbell on DSKJLSW7X2PROD with NOTICES
Federal Register / Vol. 86, No. 137 / Wednesday, July 21, 2021 / Notices 38515 

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

2 17 CFR 240.19b–4. 

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

4 17 CFR 240.19b–4(f)(6). 

5See Cboe Options Rule 5.20(a)(6). 

6Cboe Options Rule 5.31(g) governs the opening 

auction process that follows a trading halt. 

Particularly, it provides that the Exchange will open 

series using the same opening auction process 

described in Rule 5.31 following a trading halt in 

the class declared by the Exchange pursuant to Rule 

5.20, except: (1) The Queuing Period will begin 

immediately when the Exchange halts trading in the 

class; (2) if a User has orders or quotes resting on 

the Book at the time of a trading halt, the System 

queues those orders and quotes in the Queuing 

Book for participation in the opening rotation 

following the trading halt, unless the User entered 

instructions to cancel its resting orders and quotes; 

and (3) the System will initiate the opening rotation 

for a class upon the Exchange’s determination to 

resume trading pursuant to Rule 5.20. See Cboe 

Options Rule 5.31(g). 

7See CME Rule 589, Special Price Fluctuation 

Limits and Daily Price Limits Table, which 

provides the Dynamic Price Fluctuation Limits 

apply to, among other products, S&P 500 Futures, 

E-mini S&P Futures, and Micro E-mini S&P 500 

Index Futures. 

8CME’s current OTH hours are from 6:00 p.m.– 

9:30 a.m. EST. 

9See CME Submission No. 20–392. 

allowed the public 60 days to submit 

comments. The Commission received no 

comments. 

Written comments continued to be 

invited on: (a) Whether this collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information will have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden imposed by the 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. 

The public may view background 

documentation for this information 

collection at the following website: 

www.reginfo.gov. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to (i) www.reginfo.gov/public/do/ 

PRAMain and (ii) David Bottom, 

Director/Chief Information Officer, 

Securities and Exchange Commission, 

c/o Cynthia Roscoe, 100 F Street NE, 

Washington, DC 20549, or by sending an 

email to: PRA_Mailbox@sec.gov. 

Comments must be submitted to OMB 

within 30 days of this notice. 

Dated: July 15, 2021. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–15428 Filed 7–20–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–92420; File No. SR–CBOE– 

2021–040] 

Self-Regulatory Organizations; Cboe 

Exchange, Inc.; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change To Amend Its Rules 

Relating to Trading Halts During the 

Global Trading Hours Session 

July 15, 2021. 

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

Securities Exchange Act of 1934 

(‘‘Act’’),1 and Rule 19b–4 thereunder,2

notice is hereby given that on July 8, 

2021, Cboe Exchange, Inc. (‘‘Exchange’’ 

or ‘‘Cboe Options’’) filed with the 

Securities and Exchange Commission 

(‘‘Commission’’) the proposed rule 

change as described in Items I, II, and 

III below, which Items have been 

prepared by the Exchange. The 

Exchange filed the proposal as a ‘‘noncontroversial’’ proposed rule change 

pursuant to Section 19(b)(3)(A)(iii) of 

the Act 3 and Rule 19b–4(f)(6) 

thereunder.4 The Commission is 

publishing this notice to solicit 

comments on the proposed rule change 

from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

Cboe Exchange, Inc. (the ‘‘Exchange’’ 

or ‘‘Cboe Options’’) proposes to amend 

its rules relating to trading halts during 

the Global Trading Hours session. The 

text of the proposed rule change is 

provided in Exhibit 5. 

The text of the proposed rule change 

is also available on the Exchange’s 

website (http://www.cboe.com/ 

AboutCBOE/ 

CBOELegalRegulatoryHome.aspx), at 

the Exchange’s Office of the Secretary, 

and at the Commission’s Public 

Reference Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

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. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The purpose of the proposed rule 

change is to automate the Exchange’s 

process for the halting and resumption 

of trading in certain circumstances 

during the Exchange’s Global Trading 

Hours (‘‘GTH’’) session. 

Background 

By way of background, Cboe Rule 5.20 

describes the Exchange’s process for 

determining if and when to halt trading 

in any security, including the process 

for the resumption of trading after a 

halt. Rule 5.20(a) provides that any two 

Floor Officials, in consultation with a 

designated senior executive officer of 

the Exchange, may halt trading in any 

security in the interests of a fair and 

orderly market and to protect investors. 

Rule 5.20(a) also sets forth various 

factors that may be considered in 

making the forgoing determination, 

including whether there has been an 

activation of price limits on futures 

exchanges or the halt of trading in 

related futures with respect to index 

options.5 Additionally, Rule 5.20(b) 

provides that trading in a security that 

has been the subject of a halt under 

subparagraph (a) may be resumed as 

described in Rule 5.31(g) 6 upon a 

determination by two Floor Officials, in 

consultation with a designated senior 

executive officer of the Exchange, that 

the interests of a fair and orderly market 

are best served by a resumption of 

trading. Among the factors to be 

considered in making this 

determination are whether the 

conditions which led to the halt are no 

longer present. 

By way of further background, the 

Chicago Mercantile Exchange (‘‘CME’’) 

recently amended its rules to (1) adopt 

Dynamic Special Price Fluctuation 

Limits and trading halt rules for certain 

CME equity index futures 7 during 

CME’s Overnight Trading Hours session 

(‘‘OTH’’ 8) and (2) modify its hard OTH 

Price Limits.9 Specifically, CME 

amended its rules to provide that if a 

contract market moves beyond the lower 

or above the upper dynamic price 

fluctuation limit during OTH (currently 

set at 3.5%), CME will trigger a Dynamic 

Circuit Breaker and halt trading for two 


jbell on DSKJLSW7X2PROD with NOTICES