Submission for OMB Review; Comment Request, 35320 [E5-3126]
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Federal Register / Vol. 70, No. 116 / Friday, June 17, 2005 / Notices
disclosure documents are maintained by
the broker-dealers and may be reviewed
during the course of an examination by
the Commission. The Commission
estimates that there are approximately
270 broker-dealers subject to Rule 15g–
2, and that each one of these firms will
process an average of three new
customers for ‘‘penny stocks’’ per week.
Thus each respondent will process
approximately 156 risk disclosure
documents per year. The staff calculates
that (a) the copying and mailing of the
risk disclosure document should take no
more than two minutes per customer,
and (b) each customer should take no
more than eight minutes to review, sign,
and return the risk disclosure
document. Thus, the total ongoing
respondent burden is approximately 10
minutes per response, or an aggregate
total of 1,560 minutes per respondent.
Since there are 270 respondents, the
annual burden is 421,200 minutes
(1,560 minutes per each of the 270
respondents), or 7,020 hours. In
addition, broker-dealers will incur a
recordkeeping burden of approximately
two minutes per response. Thus each
respondent will incur a recordkeeping
burden of 312 (156 × 2) minutes per
year, and respondents as a group will
incur an aggregate annual recordkeeping
burden of 1,404 hours (270 × 312 / 60).
Accordingly, the aggregate annual hour
burden associated with Rule 15g–2 is
8,424 hours (7,020 + 1,404).
The Commission does not maintain
the risk disclosure document. Instead, it
must be retained by the broker-dealer
for at least three years following the date
on which the risk disclosure document
was provided to the customer, the first
two years in an accessible place. The
collection of information required by
the rule is mandatory. The risk
disclosure document is otherwise
governed by the internal policies of the
broker-dealer regarding confidentiality,
etc.
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 regarding the
above information should be directed to
the following persons: (i) Desk Officer
for the Securities and Exchange
Commission, Office of Information and
Regulatory Affairs, Office of
Management and Budget, Room 10202,
New Executive Office Building,
Washington, DC 20503 or send an email
to: David_Rostker@omb.eop.gov; and (ii)
R. Corey Booth, Director/CIO, Office of
Information Technology, Securities and
Exchange Commission, 450 Fifth Street,
NW., Washington, DC 20549. Comments
VerDate jul<14>2003
17:59 Jun 16, 2005
Jkt 205001
must be submitted to OMB within 30
days of this notice.
Dated: June 7, 2005.
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. E5–3125 Filed 6–16–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Submission for OMB Review;
Comment Request
Upon written request, copies available
from: Securities and Exchange
Commission, Office of Filings and
Information Services, Washington, DC
20549.
Extension:
Rule 17a–2, SEC File No. 270–189, OMB
Control No. 3235–0201.
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
(‘‘Commission’’) has submitted to the
Office of Management and Budget a
request for an extension of the
previously approved collection of
information discussed below.
Rule 17a–2 requires underwriters to
maintain information regarding
stabilizing activities conducted in
accordance with Rule 104. The
Commission estimates that 519
respondents collect information under
Rule 17a–2 and that approximately
2,595 hours in the aggregate are required
annually for these collections.
The collections of information under
Regulation M and Rule 17a–2 are
necessary for covered persons to obtain
certain benefits or to comply with
certain requirements. The collections of
information are necessary to provide the
Commission with information regarding
syndicate covering transactions and
penalty bids. The Commission may
review this information during periodic
examinations or with respect to
investigations. Except for the
information required to be kept under
Rule 104(i) and Rule 17a2(c), none of
the information required to be collected
or disclosed for PRA purposes will be
kept confidential.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless the agency displays a valid OMB
control number.
The recordkeeping requirement of
Rule 17a–2 requires the information be
maintained in a separate file, or in a
separately retrievable format, for a
period of three years, the first two years
PO 00000
Frm 00100
Fmt 4703
Sfmt 4703
in an easily accessible place, consistent
with the requirements of Exchange Act
Rule 17a–4(f).
Written comments regarding the
above information should be directed to
the following persons: (i) Desk Officer
for the Securities and Exchange
Commission, Office of Information and
Regulatory Affairs, Office of
Management and Budget, Room 10102,
New Executive Office Building,
Washington, DC 20503, or by sending an
email to:
‘‘David_Rostker@omb.eop.gov’’; and (ii)
R. Corey Booth, Director/Chief
Information Officer, Office of
Information Technology, Securities and
Exchange Commission, 450 Fifth Street,
NW., Washington, DC 20549. Comments
must be submitted to OMB within 30
days of this notice.
Dated: June 6, 2005.
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. E5–3126 Filed 6–16–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Submission for OMB Review;
Comment Request
Upon written request, copies available
from: Securities and Exchange
Commission, Office of Filings and
Information Services, Washington, DC
20549.
Extension: Rule 17a–6, SEC File No. 270–
506, OMB Control No. 3235–0564.
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
(‘‘Commission’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for extension of the
previously approved collection of
information discussed below.
Section 17(a) of the Investment
Company Act of 1940 (the ‘‘Act’’),
prohibits affiliated persons of a
registered investment company (‘‘fund’’)
from borrowing money or other property
from, or selling or buying securities or
other property to or from the fund, or
any company that the fund controls.
Rule 17a–6 permits a fund and its
‘‘portfolio affiliates’’ (an issuer of which
a fund owns more than five percent of
the voting securities) to engage in
principal transactions with if no
prohibited participants (e.g., directors,
officers, employees, or investment
advisers of the fund contain persons
controlling and under common control
with the fund, and their affiliates) are
E:\FR\FM\17JNN1.SGM
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]]>Agencies
[Federal Register Volume 70, Number 116 (Friday, June 17, 2005)]
[Notices]
[Page 35320]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-3126]
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SECURITIES AND EXCHANGE COMMISSION
Submission for OMB Review; Comment Request
Upon written request, copies available from: Securities and Exchange
Commission, Office of Filings and Information Services, Washington, DC
20549.
Extension:
Rule 17a-2, SEC File No. 270-189, OMB Control No. 3235-0201.
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 (``Commission'') has submitted to the Office of Management
and Budget a request for an extension of the previously approved
collection of information discussed below.
Rule 17a-2 requires underwriters to maintain information regarding
stabilizing activities conducted in accordance with Rule 104. The
Commission estimates that 519 respondents collect information under
Rule 17a-2 and that approximately 2,595 hours in the aggregate are
required annually for these collections.
The collections of information under Regulation M and Rule 17a-2
are necessary for covered persons to obtain certain benefits or to
comply with certain requirements. The collections of information are
necessary to provide the Commission with information regarding
syndicate covering transactions and penalty bids. The Commission may
review this information during periodic examinations or with respect to
investigations. Except for the information required to be kept under
Rule 104(i) and Rule 17a2(c), none of the information required to be
collected or disclosed for PRA purposes will be kept confidential.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless the agency displays a
valid OMB control number.
The recordkeeping requirement of Rule 17a-2 requires the
information be maintained in a separate file, or in a separately
retrievable format, for a period of three years, the first two years in
an easily accessible place, consistent with the requirements of
Exchange Act Rule 17a-4(f).
Written comments regarding the above information should be directed
to the following persons: (i) Desk Officer for the Securities and
Exchange Commission, Office of Information and Regulatory Affairs,
Office of Management and Budget, Room 10102, New Executive Office
Building, Washington, DC 20503, or by sending an email to: ``David--
Rostker@omb.eop.gov''; and (ii) R. Corey Booth, Director/Chief
Information Officer, Office of Information Technology, Securities and
Exchange Commission, 450 Fifth Street, NW., Washington, DC 20549.
Comments must be submitted to OMB within 30 days of this notice.
Dated: June 6, 2005.
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. E5-3126 Filed 6-16-05; 8:45 am]
BILLING CODE 8010-01-P
