Notice2025-22950

Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 15Fi-2

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Published
December 16, 2025

Issuing agencies

Securities and Exchange Commission

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[Federal Register Volume 90, Number 239 (Tuesday, December 16, 2025)]
[Notices]
[Page 58356]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-22950]



[[Page 58356]]

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SECURITIES AND EXCHANGE COMMISSION

[OMB Control No. 3235-0713]


Agency Information Collection Activities; Proposed Collection; 
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 (44 U.S.C. Sec.  3501 et seq.), the Securities and Exchange 
Commission (SEC or ``Commission'') is soliciting comments on the 
proposed collection of information.
    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 facilitate 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 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#104071607562677f627b427574657364797f7e517364506375733e777f66"><span class="__cf_email__" data-cfemail="95c5f4e5f0e7e2fae7fec7f0f1e0f6e1fcfafbd4f6e1d5e6f0f6bbf2fae3">[email&#160;protected]</span></a> by February 17, 2026. There will be a 
second opportunity to comment on this SEC request following the Federal 
Register publishing a 30-Day Submission Notice.

    Dated: December 12, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-22950 Filed 12-15-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on December 16, 2025.

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