Federal Register 60-Day Notice

29596

Federal Register / Vol. 90, No. 126 / Thursday, July 3, 2025 / Notices

SECURITIES AND EXCHANGE
COMMISSION
[OMB Control No. 3235–0108]

Proposed Collection; Comment
Request; Revision: Rule 14f–1—
Change in Majority of Directors

khammond on DSK9W7S144PROD with NOTICES

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
(44 U.S.C. 3501 et seq.) (‘‘PRA’’), 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 (‘‘OMB’’) for a
revision with extension and approval.
The Commission plans to request
approval from OMB to designate this
existing collection of information (OMB
Control No. 3235–0108) as a ‘‘common
form’’ for purposes of PRA
submissions 1 because the Board of
Governors of the Federal Reserve
System uses this information collection
(under OMB Control No. 7100–0091).
Under Securities Exchange Act of
1934 (‘‘Exchange Act’’) Rule 14f–1 (17
CFR 240.14f–1), if, pursuant to any
arrangement or understanding with a
person or persons acquiring securities of
an issuer in a transaction subject to
Section 13(d) or 14(d) of the Exchange
Act, persons constituting a majority of
the issuer’s directors are to be elected or
designated as issuer directors, otherwise
than at a meeting of security holders,
then, not less than 10 days prior to the
1 See ROCIS PRA Module User Guide v. 8.2, at
110–111 (Mar. 2024), available at https://
www.rocis.gov/rocis/viewResources.do (‘‘A
‘common form’ is an information collection that can
be used by two or more agencies, or governmentwide, for the same purpose. The Common Forms
Module [in ROCIS] allows a ‘host’ agency to obtain
[OMB] approval of an information collection for use
by one or more ‘using’ agencies. After OMB grants
approval, any prospective using agency that seeks
to collect identical information for the same
purpose can obtain approval to use the ‘common
form’ by providing its agency-specific information
to OMB (e.g., burden estimates and number of
respondents). The host agency will indicate in the
Federal Register notices that it is requesting
approval of a common form and, if known, identify
other agencies that may use the information
collection. Both the Federal Register notices and
the ICR should account only for the burden
imposed by the host agency’s use of the common
form. Once the host agency has received approval
from OMB, any agency will be able to request OMB
approval for its use of the common form in ROCIS
by providing its agency specific information to
OMB (e.g., burden estimates and number of
respondents). Additional public notice by those
agencies will not be required.’’).

VerDate Sep<11>2014

17:25 Jul 02, 2025

Jkt 265001

date any such person takes office as a
director, or such shorter period as the
Commission may authorize, the issuer
must file with the Commission and
transmit to all holders of record of
securities of the issuer information,
primarily concerning prospective new
directors of the issuer, required by Rule
14f–1. We estimate that it takes
approximately 18 burden hours to
provide the information required under
Rule 14f–1 and that the information is
filed by approximately 21 respondents
annually for a total annual reporting
burden of 378 hours (18 hours per
response × 21 responses).
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.
Written comments are invited on: (a)
whether this proposed 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.
Please direct your written comments
on this 60-Day Collection Notice to
Austin Gerig, Director/Chief Data
Officer, Securities and Exchange
Commission, c/o Tanya Ruttenberg via
email to PaperworkReductionAct@
sec.gov by September 2, 2025. There
will be a second opportunity to
comment on this SEC request following
the Federal Register publishing a 30Day Submission Notice.
Dated: July 1, 2025.
Sherry R. Haywood,
Assistant Secretary.

Fmt 4703

Self-Regulatory Organizations; Cboe
BZX Exchange, Inc.; Order Instituting
Proceedings To Determine Whether To
Approve or Disapprove a Proposed
Rule Change, as Modified by
Amendment No. 1, To List and Trade
Shares of the Osprey Bitcoin Trust
Under BZX Rule 14.11(e)(4),
Commodity-Based Trust Shares
June 30, 2025.

I. Introduction
On March 14, 2025, Cboe BZX
Exchange, Inc. (‘‘BZX’’) 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
list and trade shares (‘‘Shares’’) of the
Osprey Bitcoin Trust (‘‘Trust’’) under
BZX Rule 14.11(e)(4), Commodity-Based
Trust Shares. On March 25, 2025, the
Exchange filed Amendment No. 1 to the
proposed rule change, which replaced
and superseded the original filing in its
entirety. The proposed rule change, as
modified by Amendment No. 1, was
published for comment in the Federal
Register on April 2, 2025.3
On May 14, 2025, 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 This order institutes
proceedings under Section 19(b)(2)(B) of
the Act 6 to determine whether to
approve or disapprove the proposed
rule change, as modified by Amendment
No. 1.
II. Summary of the Proposal, as
Modified by Amendment No. 1

1 15

U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 102736
(Mar. 27, 2025), 90 FR 14493 (‘‘Notice’’). The
Commission has received no comments on the
proposed rule change.
4 15 U.S.C. 78s(b)(2).
5 See Securities Exchange Act Release No.
103045, 90 FR 21528 (May 20, 2025). The
Commission designated July 1, 2025, as the date by
which the Commission shall approve, disapprove,
or institute proceedings to determine whether to
disapprove the proposed rule change, as modified
by Amendment No. 1.
6 15 U.S.C. 78s(b)(2)(B).
7 See Notice, supra note 3.
2 17

BILLING CODE 8011–01–P

Frm 00077

[Release No. 34–103352; File No. SRCboeBZX–2025–045]

As described in more detail in the
Notice,7 the Exchange proposes to list

[FR Doc. 2025–12496 Filed 7–2–25; 8:45 am]

PO 00000

SECURITIES AND EXCHANGE
COMMISSION

Sfmt 4703

E:\FR\FM\03JYN1.SGM

03JYN1