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pdfkhammond on DSK9W7S144PROD with NOTICES
Federal Register / Vol. 90, No. 48 / Thursday, March 13, 2025 / Notices
investors and the public interest in that
the Shares will be listed and traded on
the Exchange pursuant to the initial and
continued listing criteria set forth in
Nasdaq Rule 5711(d). The Exchange has
in place surveillance procedures that are
adequate to properly monitor trading in
the Shares in all trading sessions and to
deter and detect violations of Exchange
rules and applicable federal securities
laws. As discussed above, the
surveillance program includes real-time
patterns for price and volume
movements and post-trade surveillance
patterns (e.g., spoofing, marking the
close, pinging, phishing). Trading of
Shares on the Exchange will be subject
to the Exchange’s surveillance program
for derivative products, as well as crossmarket surveillances administered by
FINRA, on behalf of the Exchange
pursuant to a regulatory services
agreement, which are also designed to
detect violations of Exchange rules and
applicable federal securities laws. The
Exchange is responsible for FINRA’s
performance under this regulatory
services agreement.
The Exchange will require the Trust
to represent to the Exchange that it will
advise the Exchange of any failure by
the Trust to comply with the continued
listing requirements, and, pursuant to
its obligations under Section 19(g)(1) of
the Exchange Act, the Exchange will
surveil for compliance with the
continued listing requirements. If the
Trust is not in compliance with the
applicable listing requirements, the
Exchange will commence delisting
procedures under the Nasdaq 5800
Series. In addition, the Exchange also
has a general policy prohibiting the
distribution of material, non-public
information by its employees.
The Exchange will communicate as
needed regarding trading in the Shares
with other markets and other entities
that are members of the ISG, and the
Exchange may obtain trading
information regarding trading in the
Shares and listed DOT futures from
such markets and other entities.
Trading in Shares of the Trust will be
halted if the circuit breaker parameters
have been reached or because of market
conditions or for reasons that, in the
view of the Exchange, make trading in
the Shares inadvisable. These may
include unusual conditions or
circumstances detrimental to the
maintenance of a fair and orderly
market.
The proposed rule change is designed
to perfect the mechanism of a free and
open market and, in general, to protect
investors and the public interest in that
it will facilitate the listing and trading
of Shares that will enhance competition
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among market participants, to the
benefit of investors and the marketplace.
For all the above reasons, the
Exchange believes that the proposed
rule change is consistent with the
requirements of Section 6(b)(5) of the
Act.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposed rule change will impose
any burden on competition not
necessary or appropriate in furtherance
of the purposes of the Act. The
Exchange notes that the proposed rule
change rather will facilitate the listing
and trading of additional exchangetraded product that will enhance
competition among both market
participants and listing venues, to the
benefit of investors and the marketplace.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were either
solicited or received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Within 45 days of the date of
publication of this notice in the Federal
Register or within such longer period
up to 90 days (i) as the Commission may
designate if it finds such longer period
to be appropriate and publishes its
reasons for so finding or (ii) as to which
the Exchange consents, the Commission
shall: (a) by order approve or disapprove
such proposed rule change, or (b)
institute proceedings to determine
whether the proposed rule change
should be disapproved.
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–
NASDAQ–2025–019 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.
Fmt 4703
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For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.32
J. Matthew DeLesDernier,
Deputy Secretary.
BILLING CODE 8011–01–P
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:
Frm 00092
All submissions should refer to file
number SR–NASDAQ–2025–019. 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–NASDAQ–2025–019 and should be
submitted on or before April 3, 2025.
[FR Doc. 2025–03968 Filed 3–12–25; 8:45 am]
IV. Solicitation of Comments
PO 00000
12029
SECURITIES AND EXCHANGE
COMMISSION
[OMB Control No. 3235–0731]
Submission for OMB Review;
Comment Request; Extension for
Generic ICR: Generic Clearance for the
Collection of Qualitative Feedback on
Agency Service Delivery
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
32 17
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CFR 200.30–3(a)(12).
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khammond on DSK9W7S144PROD with NOTICES
12030
Federal Register / Vol. 90, No. 48 / Thursday, March 13, 2025 / Notices
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
The information collection activity
will garner qualitative customer and
stakeholder feedback in an efficient,
timely manner, in accordance with the
Commission’s commitment to
improving service delivery. By
qualitative feedback we mean
information that provides useful
insights on perceptions and opinions
but are not statistical surveys that yield
quantitative results that can be
generalized to the population of study.
This feedback will provide insights into
customer or stakeholder perceptions,
experiences and expectations, provide
an early warning of issues with service,
or focus attention on areas where
communication, training or changes in
operations might improve delivery of
products or services. These collections
will allow for ongoing, collaborative and
actionable communications between the
SEC and its customers and stakeholders.
It will also allow feedback to contribute
directly to the improvement of program
management.
Feedback collected under this generic
clearance will provide useful
information, but it will not yield data
that can be generalized to the overall
population. This type of generic
clearance for qualitative information
will not be used for quantitative
information collections that are
designed to yield reliably actionable
results, such as monitoring trends over
time or documenting program
performance. Depending on the degree
of influence the results are likely to
have, such collections may still be
eligible for submission for other generic
mechanisms that are designed to yield
quantitative results.
Below is the projected average annual
estimates each year for the next three
years:
Expected annual number of activities:
20.
Respondents: 30,000.
Annual responses: 30,000.
Frequency of response: Once per
request.
Average minutes per response: 10.
Annual burden hours: 5,000.
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 OMB
Control Number.
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Written comments are 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 and comment
on this information collection request
at: https://www.reginfo.gov/public/do/
PRAViewICR?ref_nbr=202501-3235031or send an email comment to
MBX.OMB.OIRA.SEC_desk_officer@
omb.eop.gov within 30 days of the day
after publication of this notice by April
14, 2025.
Dated: March 7, 2025.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2025–03965 Filed 3–12–25; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–102541]
Notice of Designation of Entity To
Maintain and Operate the Lost and
Stolen Securities Program
Securities and Exchange
Commission.
ACTION: Notice of designation.
AGENCY:
The Securities and Exchange
Commission has designated an entity to
maintain and operate the Lost and
Stolen Securities Program.
FOR FURTHER INFORMATION CONTACT:
Bryant Eng, Special Counsel; Cate
Whiting, Senior Counsel; Kevin Schopp,
Senior Special Counsel; Moshe
Rothman, Assistant Director; Office of
Clearance and Settlement, Division of
Trading and Markets, (202) 551–5500,
tradingandmarkets@sec.gov.
SUPPLEMENTARY INFORMATION: The
Securities and Exchange Commission
(‘‘Commission’’) has designated
Accenture Federal Services LLC
(‘‘Accenture’’) to maintain and operate
the Lost and Stolen Securities Program
(‘‘LSSP’’) on the Commission’s behalf,
effective as of January 1, 2025.
The Commission established the LSSP
in 1977, pursuant to Section 17(f)(1) of
the Securities Exchange Act of 1934 1
SUMMARY:
1 15
PO 00000
U.S.C. 78q(f)(1).
Frm 00093
Fmt 4703
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(the ‘‘Exchange Act’’) and Rule 17f–1
thereunder.2 Section 17(f)(1) and Rule
17f–1 require certain financial
institutions, including banks, clearing
agencies, exchanges, broker-dealers, and
transfer agents (‘‘Reporting
Institutions’’), to (1) report securities
certificates that they discover to be
missing, lost, stolen, or counterfeit 3 and
(2) make inquiries about securities
certificates that come into their
possession to determine if they are
missing, lost, stolen, or counterfeit.
Reporting Institutions must make these
reports and inquiries to the Commission
or other person designated by the
Commission.
In 1977, pursuant to Section 17(f)(1),
the Commission designated an entity to
maintain and operate the LSSP on the
Commission’s behalf.4 That designee
and its successors maintained and
operated the LSSP on the Commission’s
behalf through the end of 2024. On July
21, 2023, the Commission issued a
solicitation for services in support of the
LSSP.5 Pursuant to that solicitation, the
Commission selected and entered into a
contract with Accenture to maintain and
operate the LSSP.6
Accordingly, the Commission has
designated Accenture to maintain and
operate the LSSP pursuant to Section
17(f)(1) of the Act 7 and Rule 17f–1
thereunder,8 effective as of January 1,
2025. This designation supersedes all
previous designations.
By the Commission.
Dated: March 7, 2025.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2025–03972 Filed 3–12–25; 8:45 am]
BILLING CODE 8011–01–P
TENNESSEE VALLEY AUTHORITY
Hope Solar and Storage Project
AGENCY:
Tennessee Valley Authority.
2 17
CFR 240.17f–1.
certificate means any physical
instrument that represents or purports to represent
ownership in a security that was printed by or on
behalf of the issuer thereof and shall include any
such instrument that is or was: printed but not
issued; issued and outstanding, including treasury
securities; cancelled; and counterfeit or reasonably
believed to be counterfeit. 17 CFR 240.17f–1(a)(6).
4 See Designation of Entity to Receive Reports and
Inquiries, Exchange Act Release No. 13538, 42 FR
26495 (May 24, 1977).
5 See Lost and Stolen Securities Program (LSSP),
https://sam.gov/opp/
5616f351e4dd41d09d19d7accf511471/view.
6 See Lost and Stolen Securities Program (LSSP),
Award Notices, https://sam.gov/opp/
5616f351e4dd41d09d19d7accf511471/view.
7 15 U.S.C. 78q(f)(1).
8 17 CFR 240.17f–1.
3 Securities
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File Type | application/pdf |
File Modified | 2025-03-13 |
File Created | 2025-03-13 |