In the Matter of First American Scientific Corp., Order of Suspension of Trading, 23060 [2015-09685]
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23060
Federal Register / Vol. 80, No. 79 / Friday, April 24, 2015 / Notices
Extension:
Rules 17h–1T and 17h–2T; SEC File No.
270–359, OMB Control No. 3235–0410.
DC 20549, or send an email to: PRA_
Mailbox@sec.gov.
Dated: April 20, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015–09496 Filed 4–23–15; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
In the Matter of First American
Scientific Corp., Order of Suspension
of Trading
April 22, 2015.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of First
American Scientific Corp. (CIK No.
1002822), a Nevada corporation with its
principal place of business listed as
Abbotsford, British Columbia, Canada,
with stock quoted on OTC Link
(previously, ‘‘Pink Sheets’’) operated by
OTC Markets Group, Inc. (‘‘OTC Link’’)
under the ticker symbol FASC, because
it has not filed any periodic reports
since the period ended March 31, 2012.
On May 2, 2014, First American
Scientific Corp. received a delinquency
letter sent by the Division of
Corporation Finance requesting
compliance with their periodic filing
obligations.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of the above-listed
company.
Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange
Act of 1934, that trading in the
securities of the above-listed company is
suspended for the period from 9:30 a.m.
EDT on April 22, 2015, through 11:59
p.m. EDT on May 5, 2015.
By the Commission.
Jill M. Peterson,
Secretary.
[FR Doc. 2015–09685 Filed 4–22–15; 4:15 pm]
BILLING CODE 8011–01–P
tkelley on DSK3SPTVN1PROD with NOTICES
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.
VerDate Sep<11>2014
17:30 Apr 23, 2015
Jkt 235001
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the existing collection of information
provided for in Rules 17h–1T and 17h–
2T (17 CFR 240.17h–1T and 17 CFR
240.17h–2T), under the Securities
Exchange Act of 1934 (17 U.S.C. 78a et
seq.). The Commission plans to submit
this existing collection of information to
the Office of Management and Budget
(‘‘OMB’’) for extension and approval.
Rule 17h–1T requires a covered
broker-dealer to maintain and preserve
records and other information
concerning certain entities that are
associated with the broker-dealer. This
requirement extends to the financial and
securities activities of the holding
company, affiliates and subsidiaries of
the broker-dealer that are reasonably
likely to have a material impact on the
financial or operational condition of the
broker-dealer. Rule 17h–2T requires a
covered broker-dealer to file with the
Commission quarterly reports and a
cumulative year-end report concerning
the information required to be
maintained and preserved under Rule
17h–1T.
The collection of information required
by Rules 17h–1T and 17h–2T,
collectively referred to as the ‘‘risk
assessment rules’’, is necessary to
enable the Commission to monitor the
activities of a broker-dealer affiliate
whose business activities are reasonably
likely to have a material impact on the
financial and operational condition of
the broker-dealer. Without this
information, the Commission would be
unable to assess the potentially
damaging impact of the affiliate’s
activities on the broker-dealer.
There are currently 306 respondents
that must comply with Rules 17h–1T
and 17h–2T. Each of these 306
respondents are estimated to require 10
hours per year to maintain the records
required under Rule 17h–1T, for an
aggregate estimated annual burden of
3,060 hours (306 respondents × 10
hours). In addition, each of these 306
respondents must make five annual
responses under Rule 17h–2T. These
five responses are estimated to require
14 hours per respondent per year for an
aggregate estimated annual burden of
4,284 hours (306 respondents × 14
hours).
In addition, new respondents must
draft an organizational chart required
under Rule 17h–1T and establish a
system for complying with the risk
PO 00000
Frm 00094
Fmt 4703
Sfmt 4703
assessment rules. The staff estimates
that drafting the required organizational
chart requires one hour and establishing
a system for complying with the risk
assessment rules requires three hours.
Based on the unchanged number of
filers in recent years, the staff estimates
there will be zero new respondents, and
thus, a corresponding estimated burden
of zero hours for new respondents.
Thus, the total compliance burden per
year is approximately 7,344 burden
hours (3,060 hours + 4,284 hours).
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information will have 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.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
Please direct your written comments
to: Pamela Dyson, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 100 F Street NE., Washington,
DC 20549, or send an email to: PRA_
Mailbox@sec.gov.
Dated: April 20, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015–09495 Filed 4–23–15; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–74767; File No. SR–BATS–
2015–33]
Self-Regulatory Organizations; BATS
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change Related to Fees for Use
of BATS Exchange, Inc.
April 20, 2015.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
1 15
2 17
E:\FR\FM\24APN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
24APN1
]]>Agencies
[Federal Register Volume 80, Number 79 (Friday, April 24, 2015)]
[Notices]
[Page 23060]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-09685]
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SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]
In the Matter of First American Scientific Corp., Order of
Suspension of Trading
April 22, 2015.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
First American Scientific Corp. (CIK No. 1002822), a Nevada corporation
with its principal place of business listed as Abbotsford, British
Columbia, Canada, with stock quoted on OTC Link (previously, ``Pink
Sheets'') operated by OTC Markets Group, Inc. (``OTC Link'') under the
ticker symbol FASC, because it has not filed any periodic reports since
the period ended March 31, 2012. On May 2, 2014, First American
Scientific Corp. received a delinquency letter sent by the Division of
Corporation Finance requesting compliance with their periodic filing
obligations.
The Commission is of the opinion that the public interest and the
protection of investors require a suspension of trading in the
securities of the above-listed company.
Therefore, it is ordered, pursuant to Section 12(k) of the
Securities Exchange Act of 1934, that trading in the securities of the
above-listed company is suspended for the period from 9:30 a.m. EDT on
April 22, 2015, through 11:59 p.m. EDT on May 5, 2015.
By the Commission.
Jill M. Peterson,
Secretary.
[FR Doc. 2015-09685 Filed 4-22-15; 4:15 pm]
BILLING CODE 8011-01-P
