Submission for OMB Review; Comment Request, 31227 [E6-8474]
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Federal Register / Vol. 71, No. 105 / Thursday, June 1, 2006 / Notices
questions) will populate a new
investigative request and the respondent
will be allowed to update their
information and certify the data. The
numerous benefits offered by e-QIP to
Federal agency customers have resulted
in its rapid adoption across the
government. Currently there are over
3,800 e-QIP Federal agency users at over
50 different Federal agencies, to include
every major cabinet department,
servicing a worldwide community of
respondents. At any given time there are
approximately 69,000 active
investigative requests in e-QIP and since
October 1, 2004 over 200,000 cases have
been successfully scheduled for
investigation. The built-in flexibility of
e-QIP allows its data collection
capabilities to be utilized by other ISPs
for various portions of their
investigative workload.
At the beginning of FY05, e-QIP
received between 300 and 500 cases per
week. Presently, e-QIP receives
anywhere from 5,000 to 10,000 cases per
week, a significant increase in usage in
a nine-month time frame. Future
enhancements of e-QIP include a redesigned agency user menu for version
2.0, the addition of the common
financial form (SF–714), and the
automation of revised versions of the SF
85, SF 85P, SF 85PS, and SF 86.
Additionally, as of April 1, 2006, the
Department of Homeland Security
(DHS), the Department of Commerce
(DOC), the Department of Defense
(DOD), the Department of Energy (DOE),
the Department of Justice (DOJ), and the
Department of Transportation (DOT)
will use e-QIP, in some capacity, to
collect security clearance application
information from respondents and
transmit them to OPM.
For copies of this proposal, contact
Mary Beth Smith-Toomey on (202) 606–
8358, Fax (202) 418–3251, or e-mail at
marybeth.smith-toomey@opm.gov.
Please be sure to include a mailing
address with your request.
DATES: Comments on this proposal
should be received within 30 calendar
days from the date of this publication.
ADDRESSES: Send or deliver comments
to:
Kathy Dillaman, Associate Director,
Federal Investigative Services
Division, U.S. Office of Personnel
Management, 1900 E Street, Room
5416, Washington, DC 20415;
and
Rachel Potter/Brenda Aguilar, Desk
Officer, Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, NW., Room
10235, Washington, DC 20503.
VerDate Aug<31>2005
19:10 May 31, 2006
Jkt 208001
For Information Regarding
Administrative Coordination Contact:
Mary-Kay Brewer, Program Analyst,
Operational Policy Group, Federal
Investigative Services Division, U.S.
Office of Personnel Management, (202)
606–1835.
Dan G. Blair,
Deputy Director.
[FR Doc. E6–8442 Filed 5–31–06; 8:45 am]
BILLING CODE 6325–53–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: Rules 17Ad–6 and 17Ad–7; SEC
File No. 270–151; OMB Control No.
3235–0291.
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 extension of the previously
approved collection of information
discussed below.
Rules 17Ad–6 and 17Ad–7:
Recordkeeping Requirements for
Transfer Agents
Rule 17Ad–6 (17 CFR 240.17Ad–6)
under the Securities Exchange Act of
1934 (15 U.S.C. 78b et seq.) requires
every registered transfer agent to make
and keep current records about a variety
of information, such as: (1) Specific
operational data regarding the time
taken to perform transfer agent activities
(to ensure compliance with the
minimum performance standards in
Rule 17Ad–2 (17 CFR 240.17Ad–2); (2)
written inquiries and requests by
shareholders and broker-dealers and
response time thereto; (3) resolutions,
contracts or other supporting documents
concerning the appointment or
termination of the transfer agent; (4)
stop orders or notices of adverse claims
to the securities; and (5) all canceled
registered securities certificates.
Rule 17Ad–7 (17 CFR 240.17Ad–7)
under the Securities Exchange Act of
1934 (15 U.S.C. 78b et seq.) requires
each registered transfer agent to retain
the records specified in Rule 17Ad–6 in
an easily accessible place for a period of
six months to six years, depending on
the type of record or document. Rule
PO 00000
Frm 00086
Fmt 4703
Sfmt 4703
31227
17Ad–7 also specifies the manner in
which records may be maintained using
electronic, microfilm, and microfiche
storage methods.
These recordkeeping requirements
ensure that all registered transfer agents
are maintaining the records necessary to
monitor and keep control over their own
performance and for the Commission to
adequately examine registered transfer
agents on an historical basis for
compliance with applicable rules. We
estimate that approximately 785
registered transfer agents will spend a
total of 392,500 hours per year
complying with Rules 17Ad–6 and
17Ad–7. Based on average cost per hour
of $50, the total cost of compliance with
Rule 17Ad–6 is $19,625,000.
The retention period for the
recordkeeping requirements under Rule
17Ad–6 is six months to one year. In
addition, such records must be retained
for a total of two to six years or for one
year after termination of the transfer
agency, depending on the particular
record or document. The recordkeeping
requirements under Rules 17Ad–6 and
17Ad–7 are mandatory to assist the
Commission and other regulatory
agencies with monitoring transfer agents
and ensuring compliance with the rule.
This rule does not involve the collection
of confidential information. Please note
that 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.
General 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 send an email to: David_Rostker@omb.eop.gov;
and (ii) R. Corey Booth, Director/Chief
Information Officer, Securities and
Exchange Commission, C/O Shirley
Martinson, 6432 General Green Way,
Alexandria, Virginia 22312, or send an
e-mail to PRA_Mailbox@sec.gov.
Comments must be submitted to OMB
within 30 days of this notice.
Dated: May 22, 2006.
Nancy M. Morris,
Secretary.
[FR Doc. E6–8474 Filed 5–31–06; 8:45 am]
BILLING CODE 8010–01–P
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01JNN1
]]>Agencies
[Federal Register Volume 71, Number 105 (Thursday, June 1, 2006)]
[Notices]
[Page 31227]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-8474]
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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: Rules 17Ad-6 and 17Ad-7; SEC File No. 270-151; OMB
Control No. 3235-0291.
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 extension of the previously approved
collection of information discussed below.
Rules 17Ad-6 and 17Ad-7: Recordkeeping Requirements for Transfer Agents
Rule 17Ad-6 (17 CFR 240.17Ad-6) under the Securities Exchange Act
of 1934 (15 U.S.C. 78b et seq.) requires every registered transfer
agent to make and keep current records about a variety of information,
such as: (1) Specific operational data regarding the time taken to
perform transfer agent activities (to ensure compliance with the
minimum performance standards in Rule 17Ad-2 (17 CFR 240.17Ad-2); (2)
written inquiries and requests by shareholders and broker-dealers and
response time thereto; (3) resolutions, contracts or other supporting
documents concerning the appointment or termination of the transfer
agent; (4) stop orders or notices of adverse claims to the securities;
and (5) all canceled registered securities certificates.
Rule 17Ad-7 (17 CFR 240.17Ad-7) under the Securities Exchange Act
of 1934 (15 U.S.C. 78b et seq.) requires each registered transfer agent
to retain the records specified in Rule 17Ad-6 in an easily accessible
place for a period of six months to six years, depending on the type of
record or document. Rule 17Ad-7 also specifies the manner in which
records may be maintained using electronic, microfilm, and microfiche
storage methods.
These recordkeeping requirements ensure that all registered
transfer agents are maintaining the records necessary to monitor and
keep control over their own performance and for the Commission to
adequately examine registered transfer agents on an historical basis
for compliance with applicable rules. We estimate that approximately
785 registered transfer agents will spend a total of 392,500 hours per
year complying with Rules 17Ad-6 and 17Ad-7. Based on average cost per
hour of $50, the total cost of compliance with Rule 17Ad-6 is
$19,625,000.
The retention period for the recordkeeping requirements under Rule
17Ad-6 is six months to one year. In addition, such records must be
retained for a total of two to six years or for one year after
termination of the transfer agency, depending on the particular record
or document. The recordkeeping requirements under Rules 17Ad-6 and
17Ad-7 are mandatory to assist the Commission and other regulatory
agencies with monitoring transfer agents and ensuring compliance with
the rule. This rule does not involve the collection of confidential
information. Please note that 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.
General 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 send an e-mail to: David--
Rostker@omb.eop.gov; and (ii) R. Corey Booth, Director/Chief
Information Officer, Securities and Exchange Commission, C/O Shirley
Martinson, 6432 General Green Way, Alexandria, Virginia 22312, or send
an e-mail to PRA--Mailbox@sec.gov. Comments must be submitted to OMB
within 30 days of this notice.
Dated: May 22, 2006.
Nancy M. Morris,
Secretary.
[FR Doc. E6-8474 Filed 5-31-06; 8:45 am]
BILLING CODE 8010-01-P
