Proposed Collection; Comment Request, 60576 [E5-5727]
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60576
Federal Register / Vol. 70, No. 200 / Tuesday, October 18, 2005 / Notices
Rule 10b–17; SEC File No. 270–427;
OMB Control No. 3235–0476.
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’’) 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 10b–17, Untimely
announcements of record dates ( 17 CFR
240.10b–17)
Rule 10b–17 requires any issuer of a
class of securities publicly traded by the
use of any means or instrumentality of
interstate commerce or of the mails or
of any facility of any national securities
exchange to give notice of the following
actions relating to such class of
securities: (1) A dividend; (2) a stock
split; or (3) a rights or other subscription
offering. Notice shall be (1) given to the
National Association of Securities
Dealers, Inc.; (2) in accordance with the
procedures of the national securities
exchange upon which the securities are
registered; or (3) may be waived by the
Commission.
The information required by Rule
10b–17 is necessary for the execution of
the Commission’s mandate under the
Exchange Act to prevent fraudulent,
manipulative, and deceptive acts and
practices by broker-dealers. The
consequence of not requiring the
information collection pursuant to Rule
10b–17 is that sellers who have received
distributions as recordholders may
dispose of the cash or stock dividends
or other rights received as recordholders
without knowledge of possible claims of
purchasers.
It is estimated that, on an annual
basis, there are approximately 29,430
respondents and that each response
takes about 10 minutes to complete,
thus imposing approximately 4,905
burden hours annually (29,430 × 10
minutes). We believe that the average
hourly cost to produce and file a
response under the rule is about $50.
Therefore, the annual reporting cost
burden for complying with this rule is
about $245,250 (4,905 × $50).
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 will have
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17:22 Oct 17, 2005
Jkt 208001
practical utility; (b) the accuracy of the
agency’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 R. Corey Booth, Director/Chief
Information Officer, Office of
Information Technology, Securities and
Exchange Commission, 100 F Street,
NE., Washington, DC 20549.
Dated: October 7, 2005.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E5–5725 Filed 10–17–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Filings and
Information Services, Washington, DC
20549.
Extension: Rule 17a–5(c); SEC File No. 270–
199; OMB Control No. 3235–0199.
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’’) 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 17a–5(c) [17 CFR 240.17a–5(c)]
under the Securities Exchange Act of
1934 requires certain broker-dealers
who carry customer accounts to provide
statements of the broker-dealer’s
financial condition to their customers.
Paragraph (5) of Rule 17a–5(c) provides
a conditional exemption from this
requirement. It is estimated that
approximately 375 broker-dealer
respondents with approximately 109
million public customer accounts incur
an average burden of 130,000 hours per
year to comply with this rule.
Rule 17a–5(c) does not contain record
retention requirements. Compliance
with the rule is mandatory. Responses
PO 00000
Frm 00092
Fmt 4703
Sfmt 4703
are not confidential. 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)
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.
Direct your written comments to R.
Corey Booth, Director/Chief Information
Officer, Office of Information
Technology, Securities and Exchange
Commission, 100 F Street, NE.,
Washington, DC 20549.
Dated: October 7, 2005.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E5–5727 Filed 10–17–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Filings and
Information Services, Washington, DC
20549.
Extension:
Form 10–SB; OMB Control No. 3235–0419;
SEC File No. 270–367.
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’’) 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.
Form 10–SB is used to register classes
of securities of small business issuers
pursuant to Section 12 of the Securities
Exchange Act of 1934 to provide
material information necessary for
E:\FR\FM\18OCN1.SGM
18OCN1
]]>Agencies
[Federal Register Volume 70, Number 200 (Tuesday, October 18, 2005)]
[Notices]
[Page 60576]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-5727]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of Filings and Information Services, Washington, DC
20549.
Extension: Rule 17a-5(c); SEC File No. 270-199; OMB Control No.
3235-0199.
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'') 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 17a-5(c) [17 CFR 240.17a-5(c)] under the Securities Exchange
Act of 1934 requires certain broker-dealers who carry customer accounts
to provide statements of the broker-dealer's financial condition to
their customers. Paragraph (5) of Rule 17a-5(c) provides a conditional
exemption from this requirement. It is estimated that approximately 375
broker-dealer respondents with approximately 109 million public
customer accounts incur an average burden of 130,000 hours per year to
comply with this rule.
Rule 17a-5(c) does not contain record retention requirements.
Compliance with the rule is mandatory. Responses are not confidential.
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) 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.
Direct your written comments to R. Corey Booth, Director/Chief
Information Officer, Office of Information Technology, Securities and
Exchange Commission, 100 F Street, NE., Washington, DC 20549.
Dated: October 7, 2005.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E5-5727 Filed 10-17-05; 8:45 am]
BILLING CODE 8010-01-P
