Notice2025-20944
Agency Information Collection Activities; Submission for OMB Review; 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
November 25, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 225 (Tuesday, November 25, 2025)</title>
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[Federal Register Volume 90, Number 225 (Tuesday, November 25, 2025)]
[Notices]
[Page 53412]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-20944]
[[Page 53412]]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0764]
Agency Information Collection Activities; Submission for OMB
Review; 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'') has submitted to the Office of
Management and Budget a request for extension of the previously
approved collection of information discussed below.
Rule 6c-11 under the Investment Company Act of 1940 (the ``Act'')
permits exchange-traded funds (``ETFs'') 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.
The public may view and comment on this information collection
request at: <a href="https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202509-3235-001">https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202509-3235-001</a> or email comment to
<a href="/cdn-cgi/l/email-protection#6e232c364021232c4021273c2f403d2b2d310a0b1d0531010808070d0b1c2e01030c400b011e40090118"><span class="__cf_email__" data-cfemail="377a756f19787a7519787e657619647274685352445c685851515e54524577585a551952584719505841">[email protected]</span></a> within 30 days of the day
after publication of this notice, by December 26, 2025.
Dated: November 21, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-20944 Filed 11-24-25; 8:45 am]
BILLING CODE 8011-01-P
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