Submission for OMB Review; Comment Request, 13639 [E6-3805]
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Federal Register / Vol. 71, No. 51 / Thursday, March 16, 2006 / Notices
All qualified candidates will receive
careful consideration. Applications will
be accepted on an ongoing basis.
Dated: March 10, 2006.
Andrew L. Bates,
Advisory Committee Management Officer.
[FR Doc. E6–3815 Filed 3–15–06; 8:45 am]
BILLING CODE 7590–01–P
SECURITIES AND EXCHANGE
COMMISSION
wwhite on PROD1PC61 with NOTICES
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.
Regulation AC; SEC File No. 270–517;
OMB Control No. 3235–0575.
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 approval of the previously
approved collection of information
discussed below.
• Regulation Analyst Certification
(Regulation AC)
Regulation Analyst Certification
under the Securities Exchange Act of
1934 requires that any research report
disseminated by broker, dealer, or
person associated with a broker or
dealer, include certifications by the
research analyst that the views
expressed in the research report
accurately reflect the analyst’s personal
views, and whether the analyst received
compensation in connection with his or
her specific recommendations or views.
A research analyst would also be
required to provide certifications and
disclosures in connection with public
appearances. Although research analysts
are often viewed by investors as experts
and as important sources of information
about the securities and companies they
cover, many factors can create pressure
on their independence and objectivity.
By requiring these certifications and
disclosures, Regulation AC should
promote the integrity of research reports
and investor confidence in the
recommendations contained in those
reports. Commission estimates that
Regulation AC would result in a total
annual time burden of approximately
11,296 hours (10,950 hours to comply
with research report requirements + 346
hours to comply with public appearance
requirements).
The collections of information under
Regulation AC are necessary for covered
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15:48 Mar 15, 2006
Jkt 208001
persons to obtain certain benefits or to
comply with certain requirements. The
collections of information are necessary
to provide investors with information
with which to determine the value of
the research available to them. The
Commission may review this
information during periodic
examinations or with respect to
investigations. Covered persons must
also promptly provide copies of
statements that the analyst is unable to
provide the certifications in connection
with public appearances to its
examining authority, designated
pursuant to Section 17(d) of the
Securities Exchange Act of 1934 and
Rule 17d–2 thereunder. Further, brokerdealers must keep and maintain these
records pursuant to Rule 17a–4(b)(4).
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.
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
e-mail to David_Rostker@omb.eop.gov;
and (ii) R. Corey Booth, Director/Chief
Information Officer, Office of
Information Technology, Securities and
Exchange Commission, 100 F Street,
NE., Washington, DC 20549. Comments
must be submitted to OMB within 30
days of this notice.
March 8, 2006.
Nancy M. Morris,
Secretary.
[FR Doc. E6–3805 Filed 3–15–06; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–53467; File No. 81–935]
Notice of an Application of Peoples
Financial Corporation Under Section
12(h) of the Securities Exchange Act of
1934
March 10, 2006.
The Securities and Exchange
Commission gives notice that Peoples
Financial Corporation has filed an
application under Section 12(h) of the
Securities Exchange Act of 1934, as
amended, for certain relief. Peoples
states that its principal executive offices
are located in Biloxi, Mississippi, which
is within one of the Presidentially
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13639
Declared Disaster Areas where
Individual Assistance has been
authorized by the Federal Emergency
Management Agency as a result of
Hurricane Katrina, and that its sixteen
branch facilities are also located in the
Disaster Areas. In its application,
Peoples asserts that the relief is
necessary due to, among other things,
the extraordinary impact of Hurricane
Katrina on Peoples’s facilities,
personnel, customers, and independent
public accountant. For example, the
application indicates that: (1) Peoples,
which is a bank holding company, lost
six of the sixteen branch locations of its
bank subsidiary, The Peoples Bank; (2)
more than twenty percent of its
employees lost their homes, another
twenty-five percent had serious damage
to their homes and several of Peoples’s
branches served as temporary housing
for employees; and (3) company
personnel have had to focus on on-going
post-Katrina recovery issues such as
evaluation of the loan portfolio and
recovery and decontamination of items
from vaults and safe deposit boxes.
Further, the application states that: (1)
The Biloxi, Mississippi office of
Peoples’s independent public
accountants, which housed all of their
hard copy records and computer files,
was destroyed and more than twentyfive percent of their professional and
support staff have relocated out of the
area; and (2) Peoples was the only client
of its independent public accountants
that is subject to the reporting
requirements of Section 13 or 15(d) of
the Exchange Act. Accordingly, Peoples
asks the Commission to order that
Peoples be required to first include the
disclosures specified in paragraphs (a)
and (b) of Item 308 of Regulation S–K
and first comply with Exchange Act
Rule 13a–15(c) for the fiscal year ended
December 31, 2006.
For a detailed statement of the
information presented, all persons are
referred to Peoples’s application, which
is on file in the Commission’s Public
Reference Room, Station Place, 100 F
Street, NE., Washington, DC 20549.
The Commission also gives notice that
any interested person may, not later
than March 30, 2006, submit to the
Commission in writing its views on any
substantial facts bearing on the
application or the desirability of a
hearing thereon.
Any such communication or a request
that the Commission hold a hearing on
this matter may be submitted by any of
the following methods:
E:\FR\FM\16MRN1.SGM
16MRN1
]]>Agencies
[Federal Register Volume 71, Number 51 (Thursday, March 16, 2006)]
[Notices]
[Page 13639]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-3805]
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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.
Regulation AC; SEC File No. 270-517; OMB Control No. 3235-0575.
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 approval of the previously approved collection
of information discussed below.
Regulation Analyst Certification (Regulation AC)
Regulation Analyst Certification under the Securities Exchange Act
of 1934 requires that any research report disseminated by broker,
dealer, or person associated with a broker or dealer, include
certifications by the research analyst that the views expressed in the
research report accurately reflect the analyst's personal views, and
whether the analyst received compensation in connection with his or her
specific recommendations or views. A research analyst would also be
required to provide certifications and disclosures in connection with
public appearances. Although research analysts are often viewed by
investors as experts and as important sources of information about the
securities and companies they cover, many factors can create pressure
on their independence and objectivity. By requiring these
certifications and disclosures, Regulation AC should promote the
integrity of research reports and investor confidence in the
recommendations contained in those reports. Commission estimates that
Regulation AC would result in a total annual time burden of
approximately 11,296 hours (10,950 hours to comply with research report
requirements + 346 hours to comply with public appearance
requirements).
The collections of information under Regulation AC are necessary
for covered persons to obtain certain benefits or to comply with
certain requirements. The collections of information are necessary to
provide investors with information with which to determine the value of
the research available to them. The Commission may review this
information during periodic examinations or with respect to
investigations. Covered persons must also promptly provide copies of
statements that the analyst is unable to provide the certifications in
connection with public appearances to its examining authority,
designated pursuant to Section 17(d) of the Securities Exchange Act of
1934 and Rule 17d-2 thereunder. Further, broker-dealers must keep and
maintain these records pursuant to Rule 17a-4(b)(4).
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.
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 e-mail to David--
Rostker@omb.eop.gov; and (ii) R. Corey Booth, Director/Chief
Information Officer, Office of Information Technology, Securities and
Exchange Commission, 100 F Street, NE., Washington, DC 20549. Comments
must be submitted to OMB within 30 days of this notice.
March 8, 2006.
Nancy M. Morris,
Secretary.
[FR Doc. E6-3805 Filed 3-15-06; 8:45 am]
BILLING CODE 8010-01-P
