Federal Register / Vol. 87, No. 134 / Thursday, July 14, 2022 / Notices 42235 

32 Id. 

33 17 CFR 240.17Ad–22(e)(21)(iv). 

34 Id. 

35 15 U.S.C. 78q–1. 

36 15 U.S.C. 78s(b)(2). 

37 In approving the Proposed Rule Change, the 

Commission considered the proposals’ impact on 

efficiency, competition, and capital formation. 15 

U.S.C. 78c(f). 

38 17 CFR 200.30–3(a)(12). 

technology or protocols, such as email 

encryption, secure messaging, or file 

transfers, that members may use to 

connect to or communicate with NSCC. 

NSCC designed the proposed 

technology requirements to reduce 

cyber risks by requiring its members to 

upgrade and maintain communications 

technology based on standards set forth 

by widely accepted organizations such 

as NIST and the IETF. Requiring NSCC’s 

members to use only secure 

communications technology would 

reduce NSCC’s cyber risks and thereby 

strengthen the security, resiliency, and 

operational reliability of NSCC’s 

network and other systems. Because the 

proposed technology requirements 

would enhance NSCC’s ability to ensure 

that its systems have a high degree of 

security, resiliency, and operational 

reliability, the Commission finds the 

Proposed Rule Change is consistent 

with the requirements of Rule 17Ad– 

22(e)(17)(ii) under the Act.32

D. Consistency With Rule 17Ad– 

22(e)(21) Under the Act 

Rule 17Ad–22(e)(21)(iv) under the Act 

requires that each covered clearing 

agency establish, implement, maintain 

and enforce written policies and 

procedures reasonably designed to have 

the covered clearing agency’s 

management regularly review the 

efficiency and effectiveness of its use of 

technology and communication 

procedures.33

As mentioned above, NSCC maintains 

multiple network and communication 

methods to interact with its members, 

including certain outdated 

communication technologies necessary 

to support members that continue to use 

such older technologies. NSCC believes 

that continuing to use such outdated 

technologies could render 

communications between NSCC and 

some of its members vulnerable to cyber 

risks. Additionally, members’ use of 

outdated technology delays NSCC’s 

implementation of its own internal 

system upgrades, which by doing so, 

risks losing connectivity between NSCC 

and a number of its members. Finally, 

NSCC states that it currently expends 

unnecessary resources to maintain 

outdated communications channels. In 

other words, NSCC has subjected its 

network communication methods to 

review for efficiency and effectiveness. 

As a result, to enhance the efficiency 

and effectiveness of its technology and 

communication procedures, NSCC 

proposes to require its members to 

upgrade and maintain network 

technology, communication technology, 

and protocol standards, in accordance 

with applicable technology standards 

that NSCC would identify and publish 

via Important Notice on its website. 

Because the Proposed Rule Change is an 

outgrowth of NSCC’s review of the 

efficiency and effectiveness of its 

technology and communication 

procedures, the Commission finds the 

Proposed Rule Change is consistent 

with the requirements of Rule 17Ad– 

22(e)(21)(iv) under the Act.34

IV. Conclusion 

On the basis of the foregoing, the 

Commission finds that the Proposed 

Rule Change is consistent with the 

requirements of the Act and in 

particular with the requirements of 

Section 17A of the Act 35 and the rules 

and regulations promulgated 

thereunder. 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act 36 that 

Proposed Rule Change SR–NSCC–2022– 

004, be, and hereby is, approved.37

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.38

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–15005 Filed 7–13–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

34644; File No. 812–15090] 

Sixth Street Specialty Lending, Inc., et 

al 

July 8, 2022. 

AGENCY: Securities and Exchange 

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

ACTION: Notice. 

Notice of application for an order 

(‘‘Order’’) under sections 17(d) and 57(i) 

of the Investment Company Act of 1940 

(the ‘‘Act’’) and rule 17d–1 under the 

Act to permit certain joint transactions 

otherwise prohibited by sections 17(d) 

and 57(a)(4) of the Act and rule 17d–1 

under the Act. 

SUMMARY OF APPLICATION: Applicants 

request an order to permit certain 

business development companies 

(‘‘BDCs’’) and closed-end management 

investment companies to co-invest in 

portfolio companies with each other and 

with certain affiliated investment 

entities. 

APPLICANTS: Sixth Street Specialty 

Lending, Inc., Sixth Street Specialty 

Lending Advisers, LLC, Sixth Street 

Opportunities Partners III (A), L.P., 

Sixth Street Opportunities Partners III 

(B), L.P., Sixth Street Opportunities 

Partners III (C), L.P., TOP III Delaware 

AIV I–A, L.P., Opps III Delaware AIV I– 

B, L.P., Sixth Street Opportunities 

Partners IV (A), L.P., Sixth Street 

Opportunities Partners IV (B), L.P., 

Sixth Street Opportunities Partners IV 

(C), L.P., Opps IV Delaware AIV I–A, 

L.P., Opps IV Delaware AIV I–B, L.P., 

Sixth Street Opportunities Partners V 

(A), L.P., Sixth Street Opportunities 

Partners V (B), L.P., Sixth Street 

Opportunities Partners V (C), L.P., Sixth 

Street Opps V Delaware AIV I–A, L.P., 

Sixth Street Opps V Delaware AIV I–B, 

L.P., Sixth Street TAO Partners, L.P., 

Sixth Street TAO Partners (A), L.P., 

Sixth Street TAO Partners (B), L.P., 

Sixth Street TAO Partners (C), L.P., 

Sixth Street TAO Partners (D), L.P., 

Sixth Street TAO Partners (E), L.P., 

Sixth Street TAO Partners (F), L.P., 

Super TAO Contingent MA, L.P., Knight 

TAO, L.P., Super TAO MA, L.P., PSERS 

TAO Partners Parallel Fund, L.P., TAO 

(B) AIV II–A, L.P., TAO (C) AIV II–A, 

L.P., TAO (D) AIV II–A, L.P., TAO (E) 

AIV II–A, L.P., Sixth Street Growth 

Partners (A), L.P., Sixth Street Growth 

Partners (B), L.P., Sixth Street Growth 

Partners (A) AIV, L.P., Sixth Street 

Growth Partners (B) AIV, L.P., Sixth 

Street Growth Partners II (A), L.P., Sixth 

Street Growth Partners II (B), L.P., Sixth 

Street Growth II (A) AIV, L.P., Sixth 

Street Growth II (B) AIV, L.P., Growth 

II Lending, LLC, Sixth Street 

Fundamental Strategies Partners (A), 

L.P., Sixth Street Fundamental 

Strategies Partners (B), L.P., Sixth Street 

FS AIV I–A, L.P., Sixth Street FS AIV I– 

B, L.P., Sixth Street Specialty Lending 

Europe I, L.P., Sixth Street Specialty 

Lending Europe II, L.P., Super TSLE, 

L.P., Sixth Street Agriculture Partners 

(A), L.P., Sixth Street Bluegrass Strategic 

Holdings I, L.P., Sixth Street Willow 

Strategic Holdings I, L.P., Sixth Street 

Cottonwood Strategic Holdings I, L.P., 

Sixth Street Dogwood Strategic 

Holdings I, L.P., Sixth Street Red Pine 

Strategic Holdings I, L.P., Sixth Street 

CMS Dynamic Credit Fund, L.P., TCS 

Lending, LLC, TDL Lending, LLC, TOP 

IV Lending, LLC, Opps V Lending, LLC, 

FS I Lending, LLC, TICP CLO V 2016– 

1, Ltd., TICP CLO VI 2016–2, Ltd., TICP 

CLO VII, Ltd., TICP CLO VIII, Ltd., TICP 


jspears on DSK121TN23PROD with NOTICES1
42236 Federal Register / Vol. 87, No. 134 / Thursday, July 14, 2022 / Notices 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 93688 

(December 1, 2021), 86 FR 69319. The comment 

letters received on the proposed rule change are 

available on the Commission’s website at: https:// 

www.sec.gov/comments/sr-cboebzx-2021-078/ 

srcboebzx2021078.htm. 

4 15 U.S.C. 78s(b)(2). 

5See Securities Exchange Act Release No. 94010, 

87 FR 4075 (January 26, 2022). The Commission 

designated March 7, 2022 as the date by which it 

should approve, disapprove, or institute 

proceedings to determine whether to disapprove, 

the proposed rule change. 

CLO IX, Ltd., TICP CLO X, Ltd., TICP 

CLO XI, Ltd., TICP CLO XII, Ltd., TICP 

CLO XIII, Ltd., TICP CLO XIV, Ltd., 

TICP CLO XV, Ltd., Sixth Street CLO 

XVI, Ltd., Sixth Street CLO XVII, Ltd., 

Sixth Street CLO XVIII, Ltd., Sixth 

Street CLO XIX, Ltd., Sixth Street CLO 

XX, Ltd., Sixth Street CLO Equity Fund 

IV, L.P., TSSP Rotational Credit Fund, 

L.P., Sixth Street Wheeler Peak 

Rotational Credit Fund I, LLC, Sixth 

Street Rotational Credit Fund III, L.P., 

TSSP Structured Credit Opportunities 

Fund, L.P., Sixth Street Structured 

Credit Opportunities Fund II, L.P., Sixth 

Street Structured Credit Opportunities 

Fund III, L.P., Sixth Street Structured 

Credit Opportunities Fund IV, L.P., 

Sixth Street Structured Credit 

Opportunities Fund V, L.P., TICP CLO 

Partners II, L.P., TICP CLO Holdings, 

L.P., TSSP Institutional Credit Partners 

III, L.P., Sixth Street Credit Market 

Strategies Partners I, L.P., Sixth Street 

Credit Market Strategies Partners I–A, 

L.P., TICP III Cayman, Ltd., Sixth Street 

Mid-Stage Growth Partners (A), L.P., 

Sixth Street Mid-Stage Growth Partners 

(B), L.P., Sixth Street Mid-Stage Growth 

(A) AIV, L.P., Sixth Street Mid-Stage 

Growth (B) AIV, L.P., Sixth Street 

Advisers, LLC, Sixth Street 

Fundamental Strategies I Management, 

LLC, Sixth Street Opportunities III 

Management, LLC, Sixth Street 

Opportunities IV Management, LLC, 

Sixth Street Opportunities V 

Management, LLC, Sixth Street TAO 

Management, LLC, Sixth Street Growth 

I Management, LLC, Sixth Street Growth 

II Management, LLC, Sixth Street 

Specialty Lending Europe I 

Management, LLC, Sixth Street 

Specialty Lending Europe II 

Management, LLC, Sixth Street 

Agriculture Management, LLC, Sixth 

Street Strategic Holdings Management, 

LLC, Sixth Street CMS Dynamic Credit 

Management, LLC, TICP CLO V 2016–1 

Management, LLC, TICP CLO VI 2016– 

2 Management, LLC, TICP CLO VII 

Management, LLC, TICP CLO VIII 

Management, LLC, TICP CLO IX 

Management, LLC, TICP CLO X 

Management, LLC, TICP CLO XI 

Management, LLC, TICP CLO XII 

Management, LLC, TICP CLO XIII 

Management, LLC, TICP CLO XIV 

Management, LLC, TICP CLO XV 

Management, LLC, Sixth Street CLO XVI 

Management, LLC, Sixth Street CLO 

XVII Management, LLC, Sixth Street 

CLO XVIII Management, LLC, Sixth 

Street CLO XIX Management, LLC, Sixth 

Street CLO XX Management, LLC, Sixth 

Street CLO Equity IV Management, LLC, 

TSSP Rotational Credit Management, 

LLC, Sixth Street Rotational Credit II 

Management, LLC, Sixth Street 

Rotational Credit III Management, LLC, 

TSSP Structured Credit Opportunities 

Management, LLC, Sixth Street 

Structured Credit Opportunities II 

Management, LLC, Sixth Street 

Structured Credit Opportunities III 

Management, LLC, Sixth Street 

Structured Credit Opportunities IV 

Management, LLC, Sixth Street 

Structured Credit Opportunities V 

Management, LLC, Sixth Street CLO 

Advisers II, LLC, TSSP Institutional 

Credit III Management, LLC, Sixth Street 

Credit Market Strategies Management, 

LLC, Sixth Street Mid-Stage Growth I 

Management, LLC, MSGP Lending, LLC, 

Sixth Street Lending Partners Advisers, 

LLC and Sixth Street Lending Partners. 

FILING DATES: The application was filed 

on January 16, 2020, and amended on 

July 20, 2021, December 28, 2021, May 

26, 2022, and June 29, 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 on any application by 

emailing the SEC’s Secretary at 

Secretarys-Office@sec.gov and serving 

the Applicants with a copy of the 

request by email, if an email address is 

listed for the relevant Applicant below, 

or personally or by mail, if a physical 

address is listed for the relevant 

Applicant below. Hearing requests 

should be received by the Commission 

by 5:30 p.m. on August 2, 2022, and 

should be accompanied by proof of 

service on applicants, 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 

emailing the Commission’s Secretary at 

Secretarys-Office@sec.gov. 

ADDRESSES: The Commission: 

Secretarys-Office@sec.gov. Applicants: 

Joshua Peck, JPeck@sixthstreet.com; 

John J. Mahon, Esq., john.mahon@

srz.com. 

FOR FURTHER INFORMATION CONTACT: 

Jennifer O. Palmer, Senior Counsel, or 

Terri G. Jordan, 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 

Applicants’ fourth amended and 

restated application, dated June 29, 

2022, which may be obtained via the 

Commission’s website by searching for 

the file number at the top of this 

document, or for an Applicant using the 

Company name search field, on the 

SEC’s EDGAR system. The SEC’s 

EDGAR system may be searched at, at 

http://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. 2022–14979 Filed 7–13–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–95230; File No. SR– 

CboeBZX–2021–078] 

Self-Regulatory Organizations; Cboe 

BZX Exchange, Inc.; Notice of 

Withdrawal of a Proposed Rule 

Change, as Modified by Amendment 

No. 1, To Introduce a New Data 

Product To Be Known as the Short 

Volume Report 

July 8, 2022. 

On November 17, 2021, Cboe BZX 

Exchange, Inc. (‘‘Exchange’’) filed with 

the Securities and Exchange 

Commission (‘‘Commission’’), pursuant 

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

Exchange Act of 1934 (‘‘Act’’) 1 and Rule 

19b–4 thereunder,2 a proposed rule 

change to amend Exchange Rule 11.22(f) 

to introduce a new data product to be 

known as the Short Volume Report. The 

proposed rule change was published for 

comment in the Federal Register on 

December 7, 2021.3 On January 20, 

2022, pursuant to Section 19(b)(2) of the 

Act,4 the Commission designated a 

longer period within which to approve 

the proposed rule change, disapprove 

the proposed rule change, or institute 

proceedings to determine whether to 

disapprove the proposed rule change.5

On March 7, 2022, the Commission 

instituted proceedings under Section 


jspears on DSK121TN23PROD with NOTICES1