Federal Register / Vol. 87, No. 95 / Tuesday, May 17, 2022 / Notices 29891 

1See Docket No. RM2018–3, Order Adopting 

Final Rules Relating to Non-Public Information, 

June 27, 2018, Attachment A at 19–22 (Order No. 

4679). 

1See Regulation Crowdfunding, Exchange Act 

Release No. 76324 (Oct. 30, 2015), 80 FR 71387 

(Nov. 16, 2015) (Final Rule) (‘‘Regulation 

Crowdfunding’’). 

2Currently, FINRA is the only registered national 

securities association. 

3 17 CFR 240.15c2–4. 

INFORMATION CONTACT section by 

telephone for advice on filing 

alternatives. 

FOR FURTHER INFORMATION CONTACT: 

David A. Trissell, General Counsel, at 

202–789–6820. 

SUPPLEMENTARY INFORMATION: 

Table of Contents 

I. Introduction 

II. Docketed Proceeding(s) 

I. Introduction 

The Commission gives notice that the 

Postal Service filed request(s) for the 

Commission to consider matters related 

to negotiated service agreement(s). The 

request(s) may propose the addition or 

removal of a negotiated service 

agreement from the market dominant or 

the competitive product list, or the 

modification of an existing product 

currently appearing on the market 

dominant or the competitive product 

list. 

Section II identifies the docket 

number(s) associated with each Postal 

Service request, the title of each Postal 

Service request, the request’s acceptance 

date, and the authority cited by the 

Postal Service for each request. For each 

request, the Commission appoints an 

officer of the Commission to represent 

the interests of the general public in the 

proceeding, pursuant to 39 U.S.C. 505 

(Public Representative). Section II also 

establishes comment deadline(s) 

pertaining to each request. 

The public portions of the Postal 

Service’s request(s) can be accessed via 

the Commission’s website (http://

www.prc.gov). Non-public portions of 

the Postal Service’s request(s), if any, 

can be accessed through compliance 

with the requirements of 39 CFR 

3011.301.1

The Commission invites comments on 

whether the Postal Service’s request(s) 

in the captioned docket(s) are consistent 

with the policies of title 39. For 

request(s) that the Postal Service states 

concern market dominant product(s), 

applicable statutory and regulatory 

requirements include 39 U.S.C. 3622, 39 

U.S.C. 3642, 39 CFR part 3030, and 39 

CFR part 3040, subpart B. For request(s) 

that the Postal Service states concern 

competitive product(s), applicable 

statutory and regulatory requirements 

include 39 U.S.C. 3632, 39 U.S.C. 3633, 

39 U.S.C. 3642, 39 CFR part 3035, and 

39 CFR part 3040, subpart B. Comment 

deadline(s) for each request appear in 

section II. 

II. Docketed Proceeding(s) 

1. Docket No(s).: MC2022–58 and 

CP2022–63; Filing Title: USPS Request 

to Add Priority Mail Contract 741 to 

Competitive Product List and Notice of 

Filing Materials Under Seal; Filing 

Acceptance Date: May 11, 2022; Filing 

Authority: 39 U.S.C. 3642, 39 CFR 

3040.130 through 3040.135, and 39 CFR 

3035.105; Public Representative: Katalin 

K. Clendenin; Comments Due: May 19, 

2022. 

2. Docket No(s).: MC2022–59 and 

CP2022–64; Filing Title: USPS Request 

to Add Priority Mail Contract 742 to 

Competitive Product List and Notice of 

Filing Materials Under Seal; Filing 

Acceptance Date: May 11, 2022; Filing 

Authority: 39 U.S.C. 3642, 39 CFR 

3040.130 through 3040.135, and 39 CFR 

3035.105; Public Representative: 

Kenneth R. Moeller; Comments Due: 

May 19, 2022. 

This Notice will be published in the 

Federal Register. 

Erica A. Barker, 

Secretary. 

[FR Doc. 2022–10572 Filed 5–16–22; 8:45 am] 

BILLING CODE 7710–FW–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–774, OMB Control No. 

3235–0726] 

Submission for OMB Review; 

Comment Request; Extension: Rules 

300–304 of Regulation Crowdfunding 

(Intermediaries) 

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 

Rules 300–304 of Regulation 

Crowdfunding.1

Rules 300–304 of Regulation 

Crowdfunding enumerate the 

requirements with which intermediaries 

must comply to participate in the offer 

and sale of securities in reliance on 

Section 4(a)(6) of the Securities Act of 

1933 (‘‘Section 4(a)(6)’’). Rule 300 

requires an intermediary to be registered 

with the Commission as a broker or as 

a funding portal and be a member of a 

registered national securities 

association.2

Rule 301 requires intermediaries to 

have a reasonable basis for believing 

that an issuer seeking to offer and sell 

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

through the intermediary’s platform 

complies with the requirements in 

Section 4A(b) of the Securities Act and 

the related requirements in Regulation 

Crowdfunding. Rule 302 provides that 

no intermediary or associated person of 

an intermediary may accept an 

investment commitment in a transaction 

involving the offer or sale of securities 

made in reliance on Section 4(a)(6) until 

the investor has opened an account with 

the intermediary and the intermediary 

has obtained from the investor consent 

to electronic delivery of materials. Rule 

303 requires an intermediary to make 

publicly available on its platform the 

information that an issuer of 

crowdfunding securities is required to 

provide to potential investors, in a 

manner that reasonably permits a 

person accessing the platform to save, 

download, or otherwise store the 

information, for a minimum of 21 days 

before any securities are sold in the 

offering, during which time the 

intermediary may accept investment 

commitments. Rule 303 also requires 

intermediaries to comply with the 

requirements related to the maintenance 

and transmission of funds. An 

intermediary that is a registered broker 

is required to comply with the 

requirements of Rule 15c2–4 of the 

Securities Exchange Act of 1934 

(‘‘Exchange Act’’) (Transmission or 

Maintenance of Payments Received in 

Connection with Underwritings).3 An 

intermediary that is a registered funding 

portal must direct investors to transmit 

the money or other consideration 

directly to a qualified third party that 

has agreed in writing to hold the funds 

for the benefit of, and to promptly 

transmit or return the funds to, the 

persons entitled thereto in accordance 

with Regulation Crowdfunding. 

The rules also require intermediaries 

to implement and maintain systems to 

comply with the information disclosure, 

communication channels, and investor 

notification requirements. These 

requirements include providing 

disclosure about compensation at 

account opening (Rule 302), obtaining 

investor acknowledgements to confirm 


khammond on DSKJM1Z7X2PROD with NOTICES
29892 Federal Register / Vol. 87, No. 95 / Tuesday, May 17, 2022 / Notices 

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

2 17 CFR 240.19b–4. 

investor qualifications and review of 

educational materials (Rule 303), 

providing investor questionnaires (Rule 

303), providing communication 

channels with third parties and among 

investors (Rule 303), notifying investors 

of investment commitments (Rule 303), 

confirming completed transactions 

(Rule 303) and confirming or 

reconfirming offering cancellations 

(Rule 304). 

The Commission staff estimates that 

there will be 136 intermediaries engaged 

in crowdfunding activity and therefore 

subject to Rules 300–304. The 

Commission staff estimates the 

annualized industry burden will be 

38,317 hours to comply with Rules 300– 

304. The Commission staff further 

estimates that the costs associated with 

complying with Rules 300–304 will be 

a total amount of $18,750,000. 

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 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 by 

June 16, 2022 to (i) 

>MBX.OMB.OIRA.SEC_desk_officer@

omb.eop.gov< and (ii) David Bottom, 

Director/Chief Information Officer, 

Securities and Exchange Commission, c/ 

o John Pezzullo, 100 F Street NE, 

Washington, DC 20549, or by sending an 

email to: PRA_Mailbox@sec.gov. 

Dated: May 11, 2022. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–10503 Filed 5–16–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

34582; File No. 812–15079] 

WCB Investment Pool LLC; Notice of 

Application 

May 12, 2022. 

AGENCY: Securities and Exchange 

Commission (‘‘Commission’’). 

ACTION: Notice of application for an 

order under section 6(c) of the 

Investment Company Act of 1940 (the 

‘‘Act’’) for an exemption from all 

provisions of the Act and all rules and 

regulations thereunder. 

SUMMARY OF APPLICATION: Applicant 

requests an order for an exemption from 

all provisions of the Act and all rules 

and regulations thereunder, as 

Applicant is a private investment 

company wholly owned and controlled 

by a single family. 

APPLICANT: WCB Investment Pool LLC 

(‘‘Applicant’’). 

FILING DATES: The application was filed 

on December 2, 2019 and amended on 

June 11, 2021 and May 10, 2022. 

HEARING OR NOTIFICATION OF HEARING: An 

order granting the requested relief will 

be issued unless the Commission orders 

a hearing. Interested persons may 

request a hearing by emailing the 

Commission’s Secretary at SecretarysOffice@sec.gov and serving Applicant 

with a copy of the request by email. 

Hearing requests should be received by 

the Commission by 5:30 p.m. on June 6, 

2022, and should be accompanied by 

proof of service on applicant, in the 

form of an affidavit or, for lawyers, a 

certificate of service. Pursuant to rule 0– 

5 under the Act, hearing requests should 

state the nature of the writer’s interest, 

any facts bearing upon the desirability 

of a hearing on the matter, the reason for 

the request, and the issues contested. 

Persons who wish to be notified of a 

hearing may request notification by 

writing to the Commission’s Secretary. 

ADDRESSES: The Commission: 

Secretarys-Office@sec.gov. Applicant: c/ 

o Steven Boehm, by email to 

stevenboehm@evershedssutherland.com. 

FOR FURTHER INFORMATION CONTACT: 

Joseph Toner, Senior Counsel, at (202) 

551–7595, or Marc Mehrespand, Branch 

Chief, at (202) 551–6825 (Division of 

Investment Management, Chief 

Counsel’s Office). 

SUPPLEMENTARY INFORMATION: For 

Applicants’ representations, legal 

analysis, and conditions, please refer to 

the Applicant’s most recently filed 

application, dated May 10, 2022, which 

may be obtained via the Commission’s 

website by searching for the file number 

at the top of this document, or for the 

Applicant using the Company name 

search field, on the SEC’s EDGAR 

system. The SEC’s EDGAR system may 

be searched at https://www.sec.gov/ 

edgar/searchedgar/legacy/ 

companysearch.html. You may also call 

the SEC’s Public Reference Room at 

(202) 551–8090. 

For the Commission, by the Division of 

Investment Management, under delegated 

authority. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–10588 Filed 5–16–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–94888; File No. SR– 

PEARL–2022–18] 

Self-Regulatory Organizations; MIAX 

PEARL LLC; Notice of Filing of a 

Proposed Rule Change To Amend the 

MIAX PEARL Options Fee Schedule To 

Increase Certain Connectivity Fees and 

To Increase the Monthly Fees for MIAX 

Express Network Full Service Port; 

Suspension of and Order Instituting 

Proceedings To Determine Whether To 

Approve or Disapprove the Proposed 

Rule Change 

May 11, 2022. 

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 May 2, 

2022, MIAX PEARL, LLC (‘‘MIAX Pearl’’ 

or ‘‘Exchange’’) filed with the Securities 

and Exchange Commission 

(‘‘Commission’’) a proposed rule change 

as described in Items I and II below, 

which Items have been prepared by the 

Exchange. The Commission is 

publishing this notice to solicit 

comments on the proposed rule change 

from interested persons and is, pursuant 

to Section 19(b)(3)(C) of the Act, hereby: 

(i) Temporarily suspending the 

proposed rule change; and (ii) 

instituting proceedings to determine 

whether to approve or disapprove the 

proposed rule change. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange is filing a proposal to 

amend the MIAX Pearl Options Fee 

Schedule (the ‘‘Fee Schedule’’) to 

amend certain connectivity fees. 

The text of the proposed rule change 

is available on the Exchange’s website at 

http://www.miaxoptions.com/rulefilings/pearl at MIAX Pearl’s principal 

office, and at the Commission’s Public 

Reference Room. 


khammond on DSKJM1Z7X2PROD with NOTICES