Submission for OMB Review; Comment Request, 64322-64323 [E6-18355]

Download as PDF 64322 Federal Register / Vol. 71, No. 211 / Wednesday, November 1, 2006 / Notices Federal Pay Raise Assumptions The following Federal pay raise assumptions (including geographic pay differentials) that are in effect for 2006 shall be used for the development of government personnel costs. The pay raise factors provided for 2007 and beyond shall be applied to all government personnel with no assumption being made as to how they will be distributed between possible locality and base pay increases. FEDERAL PAY RAISE ASSUMPTIONS* Civilian (percent) Efective date January 2006 .... January 2007 .... Military (percent) 3.1 2.2 3.1 2.7 * Federal pay raise assumptions have not been established for pay raises subsequent to January 2007. For January 2008 and beyond, the projected percentage change in the Employment Cost Index (ECI), 4.2 percent, should be used to estimate government personnel costs for public-private competitions. In future updates to cost factors in the Circular, as pay policy for years subsequent to 2007 is established, these pay raise assumptions will be revised. Inflation Factors The following non-pay inflation cost factors are provided for purposes of publicprivate competitions conducted pursuant to Circular A–76 only. They reflect the generic non-pay inflation assumptions used to develop the fiscal year 2007 budget baseline estimates required by law. The law requires that a specific inflation factor (GDP FY/FY chained price index) be used for this purpose. These inflation factors should not be viewed as estimates of expected inflation rates for major long-term procurement items or as an estimate of inflation for any particular agency’s non-pay purchases mix. NON-PAY CATEGORIES [Supplies, equipment, etc.] (percent) FY FY FY FY FY 2007 2008 2009 2010 2011 .................................... .................................... .................................... .................................... .................................... 2.2 2.2 2.1 2.1 * 2.1 * Any subsequent years included in the period of performance shall use a 2.2% figure, until otherwise revised by OMB. sroberts on PROD1PC70 with NOTICES Tax Rate Tables The Circular requires that agencies subtract the Federal income tax generated for the government from the total cost of private sector performance. The tax rate tables used in connection with public-private competitions have been revised. COMPARE will apply the updated tax rate information to establish the adjusted cost of private sector performance. [FR Doc. E6–18415 Filed 10–31–06; 8:45 am] BILLING CODE 6325–39–P VerDate Aug<31>2005 17:36 Oct 31, 2006 Jkt 211001 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 15c3–1; SEC File No. 270– 197; OMB Control No. 3235–0200. 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. Rule 15c3–1 (17 C.F.R. 240.15c3–1) under the Securities Exchange Act of 1934 requires brokers and dealers to have at all times sufficient liquid assets to meet their current liabilities, particularly the claims of customers. The rule facilitates monitoring the financial condition of brokers and dealers by the Commission and the various self-regulatory organizations. It is estimated that approximately 6,100 broker-dealer respondents registered with the Commission incur an aggregate burden of 88,181 hours per year to comply with this rule. Finally, the estimated cost for the annual hour burden for Rule 15c3–1 is approximately $22.7 million. Rule 15c3–1 does not contain record retention requirements. Compliance with the rule is mandatory. The required records are available only to the examination staff of the Commission and the self-regulatory organization of which the broker-dealer is a member. 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. Comments should be directed to (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, 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. PO 00000 Frm 00086 Fmt 4703 Sfmt 4703 Dated: October 23, 2006. Nancy M. Morris, Secretary. [FR Doc. E6–18350 Filed 10–31–06; 8:45 am] BILLING CODE 8011–01–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 17i–8; SEC File No. 270–533; OMB Control No. 3235–0591. Notice is hereby given that pursuant to the Paperwork Reduction Act of 1995 1 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. The Code of Federal Regulation citation to this collection of information is the following rule: 17 CFR 240.17i–8. Section 231 of the Gramm-LeachBliley Act of 1999.2 (the ‘‘GLBA’’) amended Section 17 of the Securities Exchange Act of 1934 to create a regulatory framework under which a holding company of a broker-dealer (‘‘investment bank holding company’’ or ‘‘IBHC’’) may voluntarily be supervised by the Commission as a supervised investment bank holding company (or ‘‘SIBHC’’).3 In 2004, the Commission promulgated rules, including Rule 17i– 8, to create a framework for the Commission to supervise SIBHCs.4 This framework includes qualification criteria for SIBHCs, as well as recordkeeping and reporting requirements. Among other things, this regulatory framework for SIBHCs is intended to provide a basis for non-U.S. financial regulators to treat the Commission as the principal U.S. consolidated, home-country supervisor for SIBHCs and their affiliated brokerdealers.5 Pursuant to Section 17(i)(3)(A) of the Exchange Act, an SIBHC must make and keep records, furnish copies thereof, and make such reports as the 1 44 U.S.C. 3501 et seq. L. 106–102, 113 Stat. 1338 (1999). 3 See 15 U.S.C. 78q(i). 4 See Exchange Act Release No. 49831 (Jun. 8, 2004), 69 FR 34472 (Jun. 21, 2004). 5 See H.R. Conf. Rep. No. 106–434, 165 (1999). See also Exchange Act Release No. 49831, at 6 (Jun. 8, 2004), 69 FR 34472, at 34473 (Jun. 21, 2004). 2 Pub. E:\FR\FM\01NON1.SGM 01NON1 sroberts on PROD1PC70 with NOTICES Federal Register / Vol. 71, No. 211 / Wednesday, November 1, 2006 / Notices Commission may require by rule.6 Rule 17i–8 requires that an SIBHC to notify the Commission upon the occurrence of certain events that would indicate a decline in the financial and operational well-being of the firm. The collections of information included in Rule 17i–8 are necessary to allow the Commission to effectively determine whether supervision of an IBHC as an SIBHC is necessary or appropriate in furtherance of the purposes of section 17 of the Act and allow the Commission to supervise the activities of these SIBHCs. Rule 17i–8 also enhances the Commission’s supervision of the SIBHCs’ subsidiary broker-dealers through collection of additional information and inspections of affiliates of those broker-dealers. Without these notices, the Commission would be unable to adequately supervise an SIBHC, nor would it be able to determine whether continued supervision of an IBHC as an SIBHC were necessary and appropriate in furtherance of the purposes of section 17 of the Act. We estimate that three IBHCs will file Notices of Intention with the Commission to be supervised by the Commission as SIBHCs. An SIBHC will require about one hour to create a notice required to be submitted to the Commission pursuant to Rule 17i–8. However, as these notices only need be filed in certain situations indicative of financial or operational difficulty, only one SIBHC may be required to file notice pursuant to the Rule every other year. Thus, we estimate that the annual burden of Rule 17i–8 for all SIBHCs would be about 30 minutes. The reports and notices required to be filed pursuant to Rule 17i–8 must be preserved for a period of not less than three years.7 The collection of information is mandatory and the information required to be provided to the Commission pursuant to this Rule is deemed confidential pursuant to section 17(j) of the Securities Exchange Act of 1934 8 and Section 552(b)(3)(B) of the Freedom of Information Act,9 notwithstanding any other provision of law. In addition, paragraph 17i–8(c) specifies that the notices and reports filed in accordance with Rule 17i–8 will be accorded confidential treatment to the extent permitted by law. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information 6 15 U.S.C. 78q(i)(3)(A). CFR 240.17i–5(b)(4). 8 15 U.S.C. 78q(j). 9 5 U.S.C. 552(b)(3)(B). 7 17 VerDate Aug<31>2005 17:36 Oct 31, 2006 Jkt 211001 unless it displays a currently valid control number. Comments should be directed to: (i) The 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, 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: October 23, 2006. Nancy M. Morris, Secretary. [FR Doc. E6–18355 Filed 10–31–06; 8:45 am] BILLING CODE 8011–01–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 17Ad–15; SEC File No. 270–360; OMB Control No. 3235–0409. 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. Rule 17Ad–15—Signature Guarantees Rule 17Ad–15 (17 CFR 240.17Ad–15) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (the ‘‘Act’’) requires approximately 760 transfer agents to establish written standards for accepting and rejecting guarantees of securities transfers from eligible guarantor institutions. Transfer agents are also required to establish procedures to ensure that those standards are used by the transfer agent to determine whether to accept or reject guarantees from eligible guarantor institutions. Transfer agents must maintain, for a period of three years following the date of a rejection of transfer, a record of all transfers rejected, along with the reason for the rejection, identification of the PO 00000 Frm 00087 Fmt 4703 Sfmt 4703 64323 guarantor, and whether the guarantor failed to meet the transfer agent’s guarantee standard. These recordkeeping requirements assist the Commission and other regulatory agencies with monitoring transfer agents and ensuring compliance with the rule. There are approximately 760 registered transfer agents. The staff estimates that every transfer agent will spend about 40 hours annually to comply with Rule 17Ad–15. The total annual burden for all transfer agents is 30,400 hours. The average cost per hour is approximately $50. Therefore, the total cost of compliance for all transfer agents is $1,520,000. The retention period for the recordkeeping requirement under Rule 17Ad–15 is three years following the date of a rejection of transfer. The recordkeeping requirement under the rule is 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. 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. Comments should be directed to: (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, Securities and Exchange Commission, c/o Shirley Martinson, 6432 General Green Way, Alexandria, Virginia 22312 or by sending an e-mail to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of this notice. Dated: October 23, 2006. Nancy M. Morris, Secretary. [FR Doc. E6–18361 Filed 10–31–06; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. IC–27540; File No. 812–13300] AIG SunAmerica Life Assurance Company and Variable Annuity Account Seven, Notice of Application October 26, 2006. Securities and Exchange Commission (‘‘SEC’’). AGENCY: E:\FR\FM\01NON1.SGM 01NON1

Agencies

[Federal Register Volume 71, Number 211 (Wednesday, November 1, 2006)]
[Notices]
[Pages 64322-64323]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-18355]


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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 17i-8; SEC File No. 270-533; OMB Control No. 3235-
0591.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 \1\ 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. The Code of Federal Regulation citation to this 
collection of information is the following rule: 17 CFR 240.17i-8.
---------------------------------------------------------------------------

    \1\ 44 U.S.C. 3501 et seq.
---------------------------------------------------------------------------

    Section 231 of the Gramm-Leach-Bliley Act of 1999.\2\ (the 
``GLBA'') amended Section 17 of the Securities Exchange Act of 1934 to 
create a regulatory framework under which a holding company of a 
broker-dealer (``investment bank holding company'' or ``IBHC'') may 
voluntarily be supervised by the Commission as a supervised investment 
bank holding company (or ``SIBHC'').\3\ In 2004, the Commission 
promulgated rules, including Rule 17i-8, to create a framework for the 
Commission to supervise SIBHCs.\4\ This framework includes 
qualification criteria for SIBHCs, as well as recordkeeping and 
reporting requirements. Among other things, this regulatory framework 
for SIBHCs is intended to provide a basis for non-U.S. financial 
regulators to treat the Commission as the principal U.S. consolidated, 
home-country supervisor for SIBHCs and their affiliated broker-
dealers.\5\
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    \2\ Pub. L. 106-102, 113 Stat. 1338 (1999).
    \3\ See 15 U.S.C. 78q(i).
    \4\ See Exchange Act Release No. 49831 (Jun. 8, 2004), 69 FR 
34472 (Jun. 21, 2004).
    \5\ See H.R. Conf. Rep. No. 106-434, 165 (1999). See also 
Exchange Act Release No. 49831, at 6 (Jun. 8, 2004), 69 FR 34472, at 
34473 (Jun. 21, 2004).
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    Pursuant to Section 17(i)(3)(A) of the Exchange Act, an SIBHC must 
make and keep records, furnish copies thereof, and make such reports as 
the

[[Page 64323]]

Commission may require by rule.\6\ Rule 17i-8 requires that an SIBHC to 
notify the Commission upon the occurrence of certain events that would 
indicate a decline in the financial and operational well-being of the 
firm.
---------------------------------------------------------------------------

    \6\ 15 U.S.C. 78q(i)(3)(A).
---------------------------------------------------------------------------

    The collections of information included in Rule 17i-8 are necessary 
to allow the Commission to effectively determine whether supervision of 
an IBHC as an SIBHC is necessary or appropriate in furtherance of the 
purposes of section 17 of the Act and allow the Commission to supervise 
the activities of these SIBHCs. Rule 17i-8 also enhances the 
Commission's supervision of the SIBHCs' subsidiary broker-dealers 
through collection of additional information and inspections of 
affiliates of those broker-dealers. Without these notices, the 
Commission would be unable to adequately supervise an SIBHC, nor would 
it be able to determine whether continued supervision of an IBHC as an 
SIBHC were necessary and appropriate in furtherance of the purposes of 
section 17 of the Act.
    We estimate that three IBHCs will file Notices of Intention with 
the Commission to be supervised by the Commission as SIBHCs. An SIBHC 
will require about one hour to create a notice required to be submitted 
to the Commission pursuant to Rule 17i-8. However, as these notices 
only need be filed in certain situations indicative of financial or 
operational difficulty, only one SIBHC may be required to file notice 
pursuant to the Rule every other year. Thus, we estimate that the 
annual burden of Rule 17i-8 for all SIBHCs would be about 30 minutes.
    The reports and notices required to be filed pursuant to Rule 17i-8 
must be preserved for a period of not less than three years.\7\ The 
collection of information is mandatory and the information required to 
be provided to the Commission pursuant to this Rule is deemed 
confidential pursuant to section 17(j) of the Securities Exchange Act 
of 1934 \8\ and Section 552(b)(3)(B) of the Freedom of Information 
Act,\9\ notwithstanding any other provision of law. In addition, 
paragraph 17i-8(c) specifies that the notices and reports filed in 
accordance with Rule 17i-8 will be accorded confidential treatment to 
the extent permitted by law.
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    \7\ 17 CFR 240.17i-5(b)(4).
    \8\ 15 U.S.C. 78q(j).
    \9\ 5 U.S.C. 552(b)(3)(B).
---------------------------------------------------------------------------

    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.
    Comments should be directed to: (i) The 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, 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: October 23, 2006.
Nancy M. Morris,
Secretary.
 [FR Doc. E6-18355 Filed 10-31-06; 8:45 am]
BILLING CODE 8011-01-P