Federal Register 30-Day Notice

Federal Register / Vol. 90, No. 97 / Wednesday, May 21, 2025 / Notices
SECURITIES AND EXCHANGE
COMMISSION
[OMB Control No. 3235–0555]

ddrumheller on DSK120RN23PROD with NOTICES1

Submission for OMB Review;
Comment Request; Extension: Rule
6h–1
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
Rule 6h–1 (17 CFR 240.6h–1) under the
Securities Exchange Act of 1934 (‘‘Act’’)
(15 U.S.C. 78a et seq.).
Section 6(h) of the Act (15 U.S.C.
78f(h)) requires national securities
exchanges and national securities
associations that trade security futures
products to establish listing standards
that, among other things, require that: (i)
trading in such products not be readily
susceptible to price manipulation; and
(ii) the market on which the security
futures product trades has in place
procedures to coordinate trading halts
with the listing market for the security
or securities underlying the security
futures product. Rule 6h–1 implements
these statutory requirements and
requires that (1) the final settlement
price for each cash-settled security
futures product fairly reflects the
opening price of the underlying security
or securities, and (2) the exchanges and
associations trading security futures
products halt trading in any security
futures product for as long as trading in
the underlying security for trading of a
security futures product based on a
single security, or trading in 50% or
more of the underlying securities for
trading of a security futures product
based on a narrow-based security index,
is halted on the listing market.
It is estimated that 1 respondent will
incur an average burden of 10 hours per
year to comply with this rule, for a total
burden of 10 hours per year. At an
average internal cost per hour of
approximately $451, the resultant total
internal cost of compliance for the
respondents is $4,510 per year (1
respondent × 10 hours/respondent ×
$451/hour).
Compliance with Rule 6h–1 is
mandatory. Any listing standards
established pursuant to Rule 6h–1

VerDate Sep<11>2014

18:43 May 20, 2025

Jkt 265001

would be filed with the Commission as
proposed rule changes pursuant to
Section 19(b) of the Act and would be
published in the Federal Register.
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 SEC,
including whether the information will
have practical utility; (b) the accuracy of
the SEC’s estimate of the burden
imposed by the proposed collection of
information, including the validity of
the methodology and the assumptions
used; (c) ways to enhance the quality,
utility, and clarity of the information to
be collected; and (d) ways to minimize
the burden of the collection of
information on respondents, including
through the use of automated, electronic
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=202503-3235-001
or email comment to
MBX.OMB.OIRA.SEC_desk_officer@
omb.eop.gov within 30 days of the day
after publication of this notice, by June
23, 2025.
Dated: May 16, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025–09142 Filed 5–20–25; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–103048; File No. SR–ISE–
2025–15]

Self-Regulatory Organizations; Nasdaq
ISE, LLC; Notice of Filing of Proposed
Rule Change To Amend the Short Term
Option Series Program To List
Qualifying Securities
May 15, 2025.

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 1,
2025, Nasdaq ISE, LLC (‘‘ISE’’ or
‘‘Exchange’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I and II
below, which Items have been prepared
1 15
2 17

PO 00000

U.S.C. 78s(b)(1).
CFR 240.19b–4.

Frm 00070

Fmt 4703

21805

by the Exchange. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend the
Short Term Option Series Program in
Supplementary Material .03 of Options
4, Section 5 to permit the listing of up
to two Monday and Wednesday
expirations for options on certain
individual stocks or Exchange-Traded
Fund Shares.
The text of the proposed rule change
is available on the Exchange’s website at
https://listingcenter.nasdaq.com/
rulebook/ise/rulefilings, at the principal
office of the Exchange, and at the
Commission’s Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant aspects of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to amend the
Short Term Option Series Program in
Supplementary Material .03 of Options
4, Section 5. Specifically, the Exchange
proposes to permit the listing of up to
two Monday and Wednesday
expirations for options on certain
individual stocks or Exchange-Traded
Fund Shares (collectively ‘‘Qualifying
Securities’’).
Currently, as set forth in
Supplementary Material .03 to Options
4, Section 5, after an option class has
been approved for listing and trading on
the Exchange as a Short Term Option
Series pursuant to Options 1, Section
1(a)(49),3 the Exchange may open for
3 Options 1, Section 1(a)(49) provides that a Short
Term Option Series means a series in an option
class that is approved for listing and trading on the
Exchange in which the series is opened for trading
on any Monday, Tuesday, Wednesday, Thursday or
Friday that is a business day and that expires on

Continued

Sfmt 4703

U:\21MYN1.SGM

21MYN1