Notice2025-17589
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 6c-11
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
September 12, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 175 (Friday, September 12, 2025)</title>
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[Federal Register Volume 90, Number 175 (Friday, September 12, 2025)]
[Notices]
[Pages 44278-44279]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-17589]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0764]
Agency Information Collection Activities; Proposed Collection;
Comment Request; Extension: Rule 6c-11
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.), the Securities and Exchange
Commission (the ``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.
Rule 6c-11 under the Investment Company Act of 1940 (the ``Act'')
permits exchange-traded funds (``ETFs'')
[[Page 44279]]
that satisfy certain conditions to operate without first obtaining an
exemptive order from the Commission. The rule was designed to create a
consistent, transparent, and efficient regulatory framework for ETFs
and facilitate greater competition and innovation among ETFs. Rule 6c-
11 requires an ETF to disclose certain information on its website, to
maintain certain records, and to adopt and implement written policies
and procedures governing its constructions of baskets, as well as
written policies and procedures that set forth detailed parameters for
the construction and acceptance of custom baskets that are in the best
interests of the ETF and its shareholders.
We estimate that the total hour burdens and time costs associated
with rule 6c-11, including the burden associated with reviewing and
updating website disclosures, recordkeeping, and reviewing and updating
policies and procedures, will result in an average aggregate annual
burden of 74,580.75 hours and an average aggregate time cost of
$1,964,817.
The requirements of this collection of information are mandatory.
If information collected pursuant to rule 6c-11 is reviewed by the
Commission's examination staff, it will be accorded the same level of
confidentiality accorded to other responses provided to the Commission
in the context of its examination and oversight program.
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.
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
<a href="/cdn-cgi/l/email-protection#3666574653444159445d6453524355425f59587755427645535518515940"><span class="__cf_email__" data-cfemail="88d8e9f8edfaffe7fae3daedecfdebfce1e7e6c9ebfcc8fbedeba6efe7fe">[email protected]</span></a> by November 12, 2025. There will be a
second opportunity to comment on this SEC request following the Federal
Register publishing a 30-Day Submission Notice.
Dated: September 9, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-17589 Filed 9-11-25; 8:45 am]
BILLING CODE 8011-01-P
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