[Federal Register Volume 88, Number 18 (Friday, January 27, 2023)]
[Notices]
[Page 5387]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-01614]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-633, OMB Control No. 3235-0713]


Submission for OMB Review; Comment Request; Extension: Rule 15Fi-
2

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 
15Fi-2 (17 CFR 240.15Fi-2) under the Securities Exchange Act of 1934 
(``Exchange Act'') (15 U.S.C. 78a et seq.).
    Rule 15Fi-2 requires security-based swaps (``SBS'') dealers and 
major SBS participants (collectively, ``SBS Entities'') to provide to 
their counterparties a trade acknowledgment, to provide prompt 
verification of the terms provided in a trade acknowledgment of 
transactions from other SBS Entities, and to have written policies and 
procedures that are reasonably designed to obtain prompt verification 
of the terms provided in a trade acknowledgment. The Rule promotes the 
efficient operation of the SBS market and facilitates market 
participants' management of their SBS-related risk.
    The Commission estimates that approximately 48 entities fit within 
the definition of SBS dealer, and zero entities fit within the 
definition of major SBS participant. Thus, we expect that approximately 
48 entities will be required to register with the Commission as SBS 
Entities and will be subject to the trade acknowledgment provision and 
verification requirements of Rule 15Fi-2. The total estimated annual 
time burden of Rule 15Fi-2 is 22,848 hours.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information under the PRA unless it 
displays a currently valid OMB control number.
    The public may view background documentation for this information 
collection at the following website: www.reginfo.gov. Find this 
particular information collection by selecting ``Currently under 30-day 
Review--Open for Public Comments'' or by using the search function. 
Written comments and recommendations for the proposed information 
collection should be sent by February 27, 2023 to (i) www.reginfo.gov/public/do/PRAMain and (ii) David Bottom, Director/Chief Information 
Officer, Securities and Exchange Commission, c/o John Pezzullo, 100 F 
Street NE, Washington, DC 20549, or by sending an email to: 
[email protected].

    Dated: January 23, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-01614 Filed 1-26-23; 8:45 am]
BILLING CODE 8011-01-P


