FR 2025-01298

The document is a notice from the Securities and Exchange Commission (SEC), as published in the Federal Register. It primarily informs the public about a change in the timing of a previously announced closed meeting. Originally scheduled for 2:00 p.m. on January 16, 2025, the meeting will now take place at 1:00 p.m. on the same day. Vanessa A. Countryman from the Office of the Secretary is the designated contact person for further information.

Summary and Key Details

This notice serves as a formal update concerning the SEC's scheduling for closed meetings. The minor time adjustment indicates organizational flexibility and responsiveness to internal plans or participant availability. The meeting remains on the originally planned date, thereby minimizing disruption for involved parties.

Issues and Concerns

Upon examination, several issues and concerns arise from the document:

1. Lack of Transparency: The notice does not provide specific details regarding the agenda or topics to be discussed during the closed meeting. Greater transparency could enhance public understanding and trust in the SEC's operations.

2. Reason for Time Change: The notice does not explain why the meeting time was altered. Providing a rationale could help stakeholders understand the rescheduling's necessity or urgency, thereby reducing speculation or concern.

3. Limited Contact Options: Only a phone contact is provided for seeking additional information. Offering alternate communication methods, such as email, could improve accessibility for the public, especially those who may face barriers with telephonic communication.

4. Legal Code Explanation: The notice references a legal authority (5 U.S.C. 552b) without explaining its significance in layman's terms. Brief clarity would empower readers unfamiliar with legal statutes to grasp the document's implications better.

Public Impact

For the general public, the impact of this change might be minimal unless individuals are directly involved with or are stakeholders in the SEC's closed meeting discussions. However, consistent updates on meeting schedules demonstrate the SEC's commitment to procedural transparency—even if minimum information is provided in this instance.

Stakeholder Impact

Specific stakeholders, such as regulatory personnel, industry representatives, or legal professionals, may have a keener interest in such meeting updates. These stakeholders might be more directly affected by the timing change, particularly if they planned to attend or follow up on the meeting outcomes.

While the notice may not drastically affect the broader public, it reinforces the importance of efficient communication and detailed disclosures as key components of sound governance. Stakeholders who require timely updates will benefit from the SEC's commitment to keeping its obligations to update and inform. However, the absence of detailed information on meeting content or the rationale for timing changes leaves room for improvement in maintaining stakeholder trust and engagement.