Document ID: SEC-2022-1630-0001
Agency: sec
Document Type: Rule
Title: Technical Amendments to Commission Rules
Posted Date: 2022-12-21T05:00Z

[Federal Register Volume 87, Number 244 (Wednesday, December 21, 2022)]
[Rules and Regulations]
[Pages 77982-77983]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-27636]

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SECURITIES AND EXCHANGE COMMISSION

17 CFR Part 200

[Release No. 33-11139; 34-96508; IA-6203; IC-34774]

Technical Amendments to Commission Rules

AGENCY: Securities and Exchange Commission.

ACTION: Final rule; technical amendments.

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SUMMARY: To conform with current Federal Register requirements of 
structuring statutory authority citations within the Code of Federal 
Regulations (``CFR''), the Securities and Exchange Commission 
(``Commission'') is adopting technical amendments to its regulations 
regarding organization; conduct and ethics; and information and 
requests. The technical amendments move the citations of statutory 
authority for the regulations from the subpart level to the part level 
and amend related citations to remove duplicative statutory citations 
at the subpart level.

DATES: Effective: December 21, 2022.

FOR FURTHER INFORMATION CONTACT: J. Matthew DeLesDernier, Deputy 
Secretary, Office of the Secretary, (202) 551-5400, Securities and 
Exchange Commission, 100 F Street NE, Washington, DC 20549.

SUPPLEMENTARY INFORMATION: To conform with current Federal Register 
requirements for structuring statutory authority citations within the 
CFR, the Commission is making technical changes to Commission rules to 
provide enhanced clarity regarding citations of statutory authority for 
part 200 of 17 CFR (``part 200'') and its subparts.\1\ Specifically, 
the Commission is moving the citations of statutory authority contained 
in subparts of 17 CFR part 200 to appear directly under 17 CFR part 
200. Currently, the citations of statutory authority for part 200 are 
provided at the subpart level. The technical amendments move these 
citations of statutory authority from the subpart level to the part 
level. In connection with these changes, the Commission is amending the 
citations to statutory authority for the subparts of part 200 to: (1) 
remove duplication in the citations of statutory authority resulting 
from this change; and (2) update citation formats to match current 
Federal Register standards.
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    \1\ See 17 CFR 200.1 through 200.800.
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I. Administrative Law Matters

    The Commission finds, in accordance with the Administrative 
Procedure Act (``APA''), that these amendments relate solely to agency 
organization, procedure, or practice.\2\ Accordingly, the APA's 
provisions regarding notice of rulemaking and opportunity for public 
comment are not applicable. These changes are therefore effective on 
December 21, 2022. In accordance with the APA, we find that there is 
good cause to establish an effective date less than 30 days after 
publication of these amendments.\3\ These amendments do not 
substantially affect the rights or obligations of non-agency parties 
and pertain to clarifying the authority of internal Commission 
operations. For the same reasons, the provisions of the Small Business 
Regulatory Enforcement Fairness Act are not applicable.\4\

[[Page 77983]]

Additionally, the provisions of the Regulatory Flexibility Act,\5\ 
which apply only when notice and comment are required by the APA or 
other law, are not applicable.\6\ These amendments do not contain any 
collection of information requirements as defined by the Paperwork 
Reduction Act of 1995.\7\ Further, because these amendments impose no 
new burdens on private parties, the Commission does not believe that 
the amendments will have any impact on competition for purposes of 
section 23(a)(2) of the Exchange Act.\8\
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    \2\ 5 U.S.C. 553(b)(3)(A).
    \3\ 5 U.S.C. 553(d).
    \4\ See 5 U.S.C. 804(3)(C) (the term ``rule'' does not include 
``any rule of agency organization, procedure, or practice that does 
not substantially affect the rights or obligations of non-agency 
parties'').
    \5\ 5 U.S.C. 601 et seq.
    \6\ See 5 U.S.C. 601(2).
    \7\ See 5 CFR 1320.3.
    \8\ 15 U.S.C. 78w(a)(2).
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II. Statutory Authority

    We are adopting these technical amendments under the authority set 
forth in section 19(a) of the Securities Act of 1933 [15 U.S.C. 77s], 
section 319 of the Trust Indenture Act of 1939 [15 U.S.C. 77sss], 
section 23(a) of the Securities Exchange Act of 1934 [15 U.S.C. 
78w(a)], section 38(a) of the Investment Company Act of 1940 [15 U.S.C. 
80a-37(a)], and section 211(a) of the Investment Advisers Act of 1940 
[15 U.S.C. 80b-11(a)].

List of Subjects in 17 CFR Part 200

    Administrative practice and procedure, Authority delegations 
(Government agencies).

Text of Amendments

    For reasons set forth in the preamble, title 17, chapter II of the 
Code of Federal Regulations is amended as follows:

PART 200--ORGANIZATION; CONDUCT AND ETHICS; AND INFORMATION AND 
REQUESTS

0
1. Add an authority citation for part 200 to read as follows:

    Authority: 5 U.S.C. 552, 552a, 552b, and 557; 11 U.S.C. 901 and 
1109(a); 15 U.S.C. 77c, 77e, 77f, 77g, 77h, 77j, 77o, 77q, 77s, 77u, 
77z-3, 77ggg(a), 77hhh, 77sss, 77uuu, 78b, 78c(b), 78d, 78d-1, 78d-
2, 78e, 78f, 78g, 78h, 78i, 78k, 78k-1, 78l, 78m, 78n, 78o, 78o-4, 
78q, 78q-1, 78w, 78t-1, 78u, 78w, 78ll(d), 78mm, 78eee, 80a-8, 80a-
20, 80a-24, 80a-29, 80a-37, 80a-41, 80a-44(a), 80a-44(b), 80b-3, 
80b-4, 80b-5, 80b-9, 80b-10(a), 80b-11, 7202, and 7211 et seq.; 29 
U.S.C. 794; 44 U.S.C. 3506 and 3507; Reorganization Plan No. 10 of 
1950 (15 U.S.C. 78d nt); sec. 8G, Pub. L. 95-452, 92 Stat. 1101 (5 
U.S.C. App.); sec. 913, Pub. L. 111-203, 124 Stat. 1376, 1827; sec. 
3(a), Pub. L. 114-185, 130 Stat. 538; E.O. 11222, 30 FR 6469, 3 CFR, 
1964-1965 Comp., p. 36; E.O. 12356, 47 FR 14874, 3 CFR, 1982 Comp., 
p. 166; E.O. 12600, 52 FR 23781, 3 CFR, 1987 Comp., p. 235; 
Information Security Oversight Office Directive No. 1, 47 FR 27836; 
and 5 CFR 735.104 and 5 CFR parts 2634 and 2635, unless otherwise 
noted.

Subpart A--Organization and Program Management

0
2. Remove the authority citation for part 200, subpart A.

Subpart B--Disposition of Commission Business

0
3. Remove the authority citation for part 200, subpart B.

Subpart C--Canons of Ethics

0
4. Remove the authority citation for part 200, subpart C.

Subpart D--Information and Requests

0
5. Remove the authority citation for part 200, subpart D.

Subpart F--Code of Behavior Governing Ex Parte Communications 
Between Persons Outside the Commission and Decisional Employees

0
6. Remove the authority citation for part 200, subpart F.

Subpart G--Plan of Organization and Operation Effective During 
Emergency Conditions

0
7. Remove the authority citation for part 200, subpart G.

Subpart H--Regulations Pertaining to the Privacy of Individuals and 
Systems of Records Maintained by the Commission

0
8. Remove the authority citation for part 200, subpart H.

Subpart I--Regulations Pertaining to Public Observation of 
Commission Meetings

0
9. Remove the authority citation for part 200, subpart I.

Subpart J--Classification and Declassification of National Security 
Information and Material

0
10. Remove the authority citation for part 200, subpart J.

Subpart K--Regulations Pertaining to the Protection of the 
Environment

0
11. Remove the authority citation for part 200, subpart K.

Subpart L--Enforcement of Nondiscrimination on the Basis of 
Handicap in Programs or Activities Conducted by the Securities and 
Exchange Commission

0
12. Remove the authority citation for part 200, subpart L.

Subpart M--Regulation Concerning Conduct of Members and Employees 
and Former Members and Employees of the Commission

0
13. Remove the authority citation for part 200, subpart M.

Subpart N--Commission Information Collection Requirements Under the 
Paperwork Reduction Act: OMB Control Numbers

0
14. Remove the authority citation for part 200, subpart N.

    By the Commission.

    Dated: December 15, 2022.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022-27636 Filed 12-20-22; 8:45 am]
BILLING CODE 8011-01-P