[Federal Register Volume 90, Number 97 (Wednesday, May 21, 2025)]
[Notices]
[Page 21805]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-09142]



[[Page 21805]]

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SECURITIES AND EXCHANGE COMMISSION

[OMB Control No. 3235-0555]


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 x 10 hours/respondent x 
$451/hour).
    Compliance with Rule 6h-1 is mandatory. Any listing standards 
established pursuant to Rule 6h-1 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 
[email protected] 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