Proposed Collection; Comment Request, 3672 [2015-01075]
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Federal Register / Vol. 80, No. 15 / Friday, January 23, 2015 / Notices
The information requirements of the
rule consist of the following: (1) Prior to
obtaining the client’s consent
appropriate disclosure must be made to
the client as to the practice of, and the
conflicts of interest involved in, agency
cross transactions; (2) at or before the
completion of any such transaction the
client must be furnished with a written
confirmation containing specified
information and offering to furnish
upon request certain additional
information; and (3) at least annually,
the client must be furnished with a
written statement or summary as to the
total number of transactions during the
period covered by the consent and the
total amount of commissions received
by the adviser or its affiliated brokerdealer attributable to such transactions.
The Commission estimates that
approximately 464 respondents use the
rule annually, necessitating about 32
responses per respondent each year, for
a total of 14,848 responses. Each
response requires an estimated 0.5
hours, for a total of 7,424 hours. The
estimated average burden hours are
made solely for the purposes of the
Paperwork Reduction Act and are not
derived from a comprehensive or
representative survey or study of the
cost of Commission rules and forms.
This collection of information is
found at (17 CFR 275.206(3)–2) and is
necessary in order for the investment
adviser to obtain the benefits of Rule
206(3)–2. The collection of information
requirements under the rule is
mandatory. Information subject to the
disclosure requirements of Rule 206(3)–
2 does not require submission to the
Commission; and, accordingly, the
disclosure pursuant to the rule is not
kept confidential. Commissionregistered investment advisers are
required to maintain and preserve
certain information required under Rule
206(3)–2 for five (5) years. The longterm retention of these records is
necessary for the Commission’s
inspection program to ascertain
compliance with the Advisers Act.
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
control number.
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the proposed collection
of information; (c) ways to enhance the
quality, utility, and clarity of the
information to be collected; and (d)
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18:05 Jan 22, 2015
Jkt 235001
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within sixty 60 days of this
publication.
Please direct your written comments
to Pamela Dyson, Acting Director/Chief
Information Officer, Securities and
Exchange Commission, C/O Remi
Pavlik-Simon, 100 F Street NE.,
Washington, DC 20549; or send an email
to: PRA_Mailbox@sec.gov.
Dated: January 16, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015–01078 Filed 1–22–15; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE., Washington, DC
20549–2736.
Extension:
Rule 11a–2; SEC File No. 270–267, OMB
Control No. 3235–0272.
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 11a–2 (17 CFR 270.11a–2) under
the Investment Company Act of 1940
(15 U.S.C. 80a–1 et seq.) permits certain
registered insurance company separate
accounts, subject to certain conditions,
to make exchange offers without prior
approval by the Commission of the
terms of those offers. Rule 11a–2
requires disclosure, in certain
registration statements filed pursuant to
the Securities Act of 1933 (15 U.S.C. 77a
et seq.) of any administrative fee or sales
load imposed in connection with an
exchange offer.
There are currently 652 registrants
governed by Rule 11a–2. The
Commission includes the estimated
burden of complying with the
information collection required by Rule
11a–2 in the total number of burden
PO 00000
Frm 00126
Fmt 4703
Sfmt 9990
hours estimated for completing the
relevant registration statements and
reports the burden of Rule 11a–2 in the
separate Paperwork Reduction Act
(‘‘PRA’’) submissions for those
registration statements (see the separate
PRA submissions for Form N–3 (17 CFR
274.11b), Form N–4 (17 CFR 274.11c)
and Form N–6 (17 CFR 274.11d). The
Commission is requesting a burden of
one hour for Rule 11a–2 for
administrative purposes.
The estimate of average burden hours
is made solely for the purposes of the
PRA, and is not derived from a
comprehensive or even a representative
survey or study of the costs of
Commission rules or forms. With regard
to Rule 11a–2, the Commission includes
the estimate of burden hours in the total
number of burden hours estimated for
completing the relevant registration
statements and reported on the separate
PRA submissions for those statements
(see the separate PRA submissions for
Form N–3, Form N–4 and Form N–6).
The information collection requirements
imposed by Rule 11a–2 are mandatory.
Responses to the collection of
information will not be kept
confidential.
Written comments are invited on: (a)
Whether the collection of information is
necessary for the proper performance of
the functions of the Commission,
including whether the information has
practical utility; (b) the accuracy of the
Commission’s estimate of the burden of
the collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information collected; and (d)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within 60 days of this
publication.
Please direct your written comments
to Pamela Dyson, Acting Director/Chief
Information Officer, Securities and
Exchange Commission, C/O Remi
Pavlik-Simon, 100 F Street NE.,
Washington, DC 20549; or send an email
to: PRA_Mailbox@sec.gov.
Dated: January 16, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015–01075 Filed 1–22–15; 8:45 am]
BILLING CODE 8011–01–P
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[Federal Register Volume 80, Number 15 (Friday, January 23, 2015)]
[Notices]
[Page 3672]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-01075]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE., Washington, DC
20549-2736.
Extension:
Rule 11a-2; SEC File No. 270-267, OMB Control No. 3235-0272.
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 11a-2 (17 CFR 270.11a-2) under the Investment Company Act of
1940 (15 U.S.C. 80a-1 et seq.) permits certain registered insurance
company separate accounts, subject to certain conditions, to make
exchange offers without prior approval by the Commission of the terms
of those offers. Rule 11a-2 requires disclosure, in certain
registration statements filed pursuant to the Securities Act of 1933
(15 U.S.C. 77a et seq.) of any administrative fee or sales load imposed
in connection with an exchange offer.
There are currently 652 registrants governed by Rule 11a-2. The
Commission includes the estimated burden of complying with the
information collection required by Rule 11a-2 in the total number of
burden hours estimated for completing the relevant registration
statements and reports the burden of Rule 11a-2 in the separate
Paperwork Reduction Act (``PRA'') submissions for those registration
statements (see the separate PRA submissions for Form N-3 (17 CFR
274.11b), Form N-4 (17 CFR 274.11c) and Form N-6 (17 CFR 274.11d). The
Commission is requesting a burden of one hour for Rule 11a-2 for
administrative purposes.
The estimate of average burden hours is made solely for the
purposes of the PRA, and is not derived from a comprehensive or even a
representative survey or study of the costs of Commission rules or
forms. With regard to Rule 11a-2, the Commission includes the estimate
of burden hours in the total number of burden hours estimated for
completing the relevant registration statements and reported on the
separate PRA submissions for those statements (see the separate PRA
submissions for Form N-3, Form N-4 and Form N-6). The information
collection requirements imposed by Rule 11a-2 are mandatory. Responses
to the collection of information will not be kept confidential.
Written comments are invited on: (a) Whether the collection of
information is necessary for the proper performance of the functions of
the Commission, including whether the information has practical
utility; (b) the accuracy of the Commission's estimate of the burden of
the collection of information; (c) ways to enhance the quality,
utility, and clarity of the information collected; and (d) ways to
minimize the burden of the collection of information on respondents,
including through the use of automated collection techniques or other
forms of information technology. Consideration will be given to
comments and suggestions submitted in writing within 60 days of this
publication.
Please direct your written comments to Pamela Dyson, Acting
Director/Chief Information Officer, Securities and Exchange Commission,
C/O Remi Pavlik-Simon, 100 F Street NE., Washington, DC 20549; or send
an email to: PRA_Mailbox@sec.gov.
Dated: January 16, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-01075 Filed 1-22-15; 8:45 am]
BILLING CODE 8011-01-P
