Submissions for OMB Review; Comment Request, 1566-1567 [E7-303]

Download as PDF 1566 Federal Register / Vol. 72, No. 8 / Friday, January 12, 2007 / Notices 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 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, VA, 22312; or send an e-mail to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of this notice. January 3, 2007. Florence E. Harmon, Deputy Secretary. [FR Doc. E7–301 Filed 1–11–07; 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. rmajette on PROD1PC67 with NOTICES Extension: Rule 15c2–12; SEC File No. 270–330; OMB Control No. 3235–0372. 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 15c2–12 Disclosure requirements for municipal securities Rule 15c2–12 (17 CFR 240.15c2–12), under the Securities Exchange Act of 1934 (15 U.S.C. 78 et. seq.), requires underwriters of municipal securities: (1) To obtain and review a copy of an official statement deemed final by an issuer of the securities, except for the omission of specified information; (2) in non-competitively bid offerings, to make available, upon request, the most recent preliminary official statement, if any; (3) to contract with the issuer of the securities, or its agent, to receive, within VerDate Aug<31>2005 15:41 Jan 11, 2007 Jkt 211001 specified time periods, sufficient copies of the issuer’s final official statement to comply both with this rule and any rules of the MSRB; (4) to provide, for a specified period of time, copies of the final official statement to any potential customer upon request; (5) before purchasing or selling municipal securities in connection with an offering, to reasonably determine that the issuer or other specified person has undertaken, in a written agreement or contract, for the benefit of holders of such municipal securities, to provide certain information about the issue or issuer on a continuing basis to a nationally recognized municipal securities information repository; and (6) to review the information the issuer of the municipal security has undertaken to provide prior to recommending a transaction in the municipal security. These disclosure and recordkeeping requirements will ensure that investors have adequate access to official disclosure documents that contain details about the value and risks of particular municipal securities at the time of issuance while the existence of compulsory repositories will ensure that investors have continued access to terms and provisions relating to certain static features of those municipal securities. The provisions of Rule 15c2– 12 regarding an issuer’s continuing disclosure requirements assist investors by ensuring that information about an issue or issuer remains available after the issuance. Municipal offerings of less than $1 million are exempt from the rule, as are offerings of municipal securities issued in large denominations that are sold to no more than 35 sophisticated investors, have short-term maturities, or have short-term tender or put features. It is estimated that approximately 12,000 brokers, dealers, municipal securities dealers, issuers of municipal securities, and nationally recognized municipal securities information repositories will spend a total of 123,850 hours per year complying with Rule 15c2–12. There is no specific retention period applied by Rule 15c2–12 for the recordkeeping requirement contained in Rule 15c2–12. The retention period is determined by private agreement between a nationally recognized municipal securities information repository and the issuer. The recordkeeping requirement is mandatory to ensure that investors have access to information about the issuer and particular issues of municipal securities. This rule does not involve the collection of confidential information. Please note that an agency PO 00000 Frm 00081 Fmt 4703 Sfmt 4703 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 estimated burden hours 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, Securities and Exchange Commission, c/o Shirley Martinson, 6432 General Green Way, Alexandria, VA 22312 or send an e-mail to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of this notice. January 3, 2007. Florence E. Harmon, Deputy Secretary. [FR Doc. E7–302 Filed 1–11–07; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION Submissions for OMB Review; Comment Request Upon written request; copies available from: Securities and Exchange Commission, Office of Filings and Information Services, Washington, DC 20549. Extensions: Rule 14f–1; OMB Control No. 3235–0108; SEC File No. 270–127. Rule 12g3–2; OMB Control No. 3235–0119; SEC File No. 270–104. Rule 13e–1; OMB Control No. 3235–0305; SEC File No. 270–255. 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 these requests for extension of the previously approved collections of information discussed below. Rule 14f–1 (17 CFR 240.14f–1) requires issuers to disclose a change in a majority of the directors of the issuer. The information filed under Rule 14f–1 must be filed with the Commission and is publicly available. We estimate that it takes approximately 18 burden hours to provide the information required under Rule 14f–1 and that the information is filed by 44 respondents for a total annual burden of 792. E:\FR\FM\12JAN1.SGM 12JAN1 rmajette on PROD1PC67 with NOTICES Federal Register / Vol. 72, No. 8 / Friday, January 12, 2007 / Notices Rule 12g3–2 (17 CFR 240.12g3–2) provides an exemption from Section 12(g) of the Act (15 U.S.C. 78l(g)) for foreign private issuers. Rule 12g3–2 is designed to provide investors in foreign securities with information about such securities and the foreign issuer. The information filed under Rule 12g3–2 must be filed with the Commission and is publicly available. We estimate that it takes approximately one hour to provide the information required under Rule 12g3–2 and that the information is filed by 1,800 foreign issuers for a total annual reporting burden of 1,800 hours. Rule 13e–1 (17 CFR 240.13e–1) makes it unlawful for an issuer who has received notice that it is the subject of a tender offer made under Section 14(d)(1) of the Act (15 U.S.C. 78n(d)(1)) and which has commenced under Rule 14d–2 (17 CFR 240.14d–2) to purchase any of its equity securities during the tender offer unless it first files a statement with the Commission containing information required by the Rule. This rule is in keeping with the Commission’s statutory responsibility to prescribe rules and regulations that are necessary for the protection of investors. Public companies are the respondents. We estimate that it takes approximately 10 burden hours per response to provide the information required under Rule 13e–1 and that the information is filed by 20 respondents. We estimate that 25% of the 10 hours per response (2.5 hours) is prepared by the company for a total annual reporting burden of 50 hours (2.5 hours per response × 20 responses). 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 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, VA 22312; or send an email to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of this notice. VerDate Aug<31>2005 15:41 Jan 11, 2007 Jkt 211001 Dated: January 3, 2007. Florence E. Harmon, Deputy Secretary. [FR Doc. E7–303 Filed 1–11–07; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION Submissions for OMB Review; Comment Request Upon written request; copies available from: Securities and Exchange Commission, Office of Filings and Information Services, Washington, DC 20549. Extensions: Industry Guides: OMB Control No. 3235– 0069 and SEC File No. 270–069. Notice of Exempt Roll-Up Preliminary Communication: OMB Control No. 3235– 0452 and SEC File No. 270–396. 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 these requests for extension of the previously approved collections of information discussed below. Industries Guides are used by registrants in certain specified industries as disclosure guidelines to be followed in disclosing information to investors in Securities Act (15 U.S.C. 77a et seq.) and Exchange Act (15 U.S.C. 78a et seq.) registration statements and certain other Exchange Act filings. The information filed with the Commission using the Industry Guides permits verification of compliance with securities law requirements and assures the public availability and dissemination of such information. The information required by the Industry Guides is filed on occasion and is mandatory. All information is provided to the public. The Commission estimates for administrative purposes only that the total annual burden with respect to the Industry Guides is one hour. The Industry Guides do not directly impose any disclosure burden. A Notice of Exempt Preliminary RollUp Communication (‘‘Notice’’) (240.14a–104) provides information regarding ownership interests and any potential conflicts of interest to be included in statements submitted by or on behalf of a person pursuant to Section 240.14a–2(b)(4) and Section 240.14a–6(n). The Notice is filed on occasion and the information required is mandatory. All information is provided to the public upon request. The Notice takes approximately .25 hours per PO 00000 Frm 00082 Fmt 4703 Sfmt 4703 1567 response and is filed by 4 respondents for a total of one annual burden hour. 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 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, VA 22312; or send an email to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of this notice. Dated: January 3, 2007. Florence E. Harmon, Deputy Secretary. [FR Doc. E7–304 Filed 1–11–07; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meeting FEDERAL REGISTER CITATION OF PREVIOUS ANNOUNCEMENT: [To be Published]. Closed Meeting. 100 F Street, NE., Washington, STATUS: PLACE: DC ANNOUNCEMENT OF ADDITIONAL MEETING: Additional Meeting (Week of January 8, 2007). A Closed Meeting has been scheduled for Thursday, January 11, 2007 at 10 a.m. Commissioners and certain staff members who have an interest in the matter will attend the Closed Meeting. The General Counsel of the Commission, or his designee, has certified that, in his opinion, one or more of the exemptions set forth in 5 U.S.C. 552b(c)(5), (7), (9)(B) and (10) and 17 CFR 200.402(a)(5), (7), (9)(ii) and (10) permit consideration of the scheduled matter at the Closed Meeting. Commissioner Campos as duty officer, voted to consider the item listed for the closed meeting in closed session, and determined that no earlier notice thereof was possible. The subject matter of the Closed Meeting scheduled for Thursday, January 11, 2007 will be: Institution and settlement of injunctive action. E:\FR\FM\12JAN1.SGM 12JAN1

Agencies

[Federal Register Volume 72, Number 8 (Friday, January 12, 2007)]
[Notices]
[Pages 1566-1567]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-303]


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SECURITIES AND EXCHANGE COMMISSION


Submissions for OMB Review; Comment Request

Upon written request; copies available from: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, DC 
20549.

Extensions:
    Rule 14f-1; OMB Control No. 3235-0108; SEC File No. 270-127.
    Rule 12g3-2; OMB Control No. 3235-0119; SEC File No. 270-104.
    Rule 13e-1; OMB Control No. 3235-0305; SEC File No. 270-255.

    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 
these requests for extension of the previously approved collections of 
information discussed below.
    Rule 14f-1 (17 CFR 240.14f-1) requires issuers to disclose a change 
in a majority of the directors of the issuer. The information filed 
under Rule 14f-1 must be filed with the Commission and is publicly 
available. We estimate that it takes approximately 18 burden hours to 
provide the information required under Rule 14f-1 and that the 
information is filed by 44 respondents for a total annual burden of 
792.

[[Page 1567]]

    Rule 12g3-2 (17 CFR 240.12g3-2) provides an exemption from Section 
12(g) of the Act (15 U.S.C. 78l(g)) for foreign private issuers. Rule 
12g3-2 is designed to provide investors in foreign securities with 
information about such securities and the foreign issuer. The 
information filed under Rule 12g3-2 must be filed with the Commission 
and is publicly available. We estimate that it takes approximately one 
hour to provide the information required under Rule 12g3-2 and that the 
information is filed by 1,800 foreign issuers for a total annual 
reporting burden of 1,800 hours.
    Rule 13e-1 (17 CFR 240.13e-1) makes it unlawful for an issuer who 
has received notice that it is the subject of a tender offer made under 
Section 14(d)(1) of the Act (15 U.S.C. 78n(d)(1)) and which has 
commenced under Rule 14d-2 (17 CFR 240.14d-2) to purchase any of its 
equity securities during the tender offer unless it first files a 
statement with the Commission containing information required by the 
Rule. This rule is in keeping with the Commission's statutory 
responsibility to prescribe rules and regulations that are necessary 
for the protection of investors. Public companies are the respondents. 
We estimate that it takes approximately 10 burden hours per response to 
provide the information required under Rule 13e-1 and that the 
information is filed by 20 respondents. We estimate that 25% of the 10 
hours per response (2.5 hours) is prepared by the company for a total 
annual reporting burden of 50 hours (2.5 hours per response x 20 
responses).
    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 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, VA 22312; or send an e-
mail to: PRA--Mailbox@sec.gov. Comments must be submitted to OMB within 
30 days of this notice.

    Dated: January 3, 2007.
Florence E. Harmon,
Deputy Secretary.
 [FR Doc. E7-303 Filed 1-11-07; 8:45 am]
BILLING CODE 8011-01-P