Submission for OMB Review; Comment Request, 31227 [E6-8474]

Download as PDF wwhite on PROD1PC61 with NOTICES 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 E:\FR\FM\01JNN1.SGM 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