Submission for OMB Review; Comment Request, 39095 [E7-13751]

Download as PDF sroberts on PROD1PC70 with NOTICES Federal Register / Vol. 72, No. 136 / Tuesday, July 17, 2007 / Notices U.S.C. 78a et seq.) prescribes the form and content of notices and applications by self-regulatory organizations (‘‘SROs’’) regarding proposed admissions to, or continuances in, membership, participation or association with a member of any person subject to a statutory disqualification. The Commission uses the information provided in the submissions filed pursuant to Rule 19h–1 to review decisions by SROs to permit the entry into or continuance in the securities business of persons who have committed serious misconduct. The filings submitted pursuant to the Rule also permit inclusion of an application to the Commission for consent to associate with a member of an SRO notwithstanding a Commission order barring such association. The Commission reviews filings made pursuant to the Rule to ascertain whether it is in the public interest to permit the employment in the securities business of persons subject to statutory disqualification. The filings contain information that is essential to the staff’s review and ultimate determination on whether an association or employment is in the public interest and consistent with investor protection. It is estimated that approximately 5 respondents will make submissions pursuant to this rule annually and that they each will make 5 responses, for a total burden of 200 hours, based upon past submissions (25 × 8 = 200). The staff estimates that the average number of hours necessary to complete a submission pursuant to Rule 19h–1 is 8 hours. The average cost per hour for completion of a submission is approximately $101. Therefore, the total cost of compliance for the respondents is $20,200. (25 responses × 8 hours per response × $101 per 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. 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 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: VerDate Aug<31>2005 17:40 Jul 16, 2007 Jkt 211001 PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of this notice. Dated: July 9, 2007. Florence E. Harmon, Deputy Secretary. [FR Doc. E7–13746 Filed 7–16–07; 8:45 am] BILLING CODE 8010–01–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 6a–4; SEC File No. 270–496; OMB Control No. 3235–0554. 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. Section 6 of the Securities Exchange Act of 1934 (‘‘Act’’) 2 sets out a framework for the registration and regulation of national securities exchanges. Under the Commodity Futures Modernization Act of 2000, a futures market may trade security futures products by registering as a national securities exchange. Rule 6a– 4 3 sets forth these registration procedures and directs futures markets to submit a notice registration on Form 1–N. Form 1–N calls for information regarding how the futures market operates, its rules and procedures, its criteria for membership, its subsidiaries and affiliates, and the security futures products it intends to trade. Rule 6a–4 also would require entities that have submitted an initial Form 1–N to file: (1) Amendments to Form 1–N in the event of material changes to the information provided in the initial Form 1–N; (2) periodic updates of certain information provided in the initial Form 1–N; (3) certain information that is provided to the futures market’s members; and (4) a monthly report summarizing the futures market’s trading of security futures products. The information required to be filed with the Commission pursuant to Rule 6a–4 is designed to enable the Commission to carry out its statutorily PO 00000 mandated oversight functions and to ensure that registered and exempt exchanges continue to be in compliance with the Act. The respondents to the collection of information are futures markets. The Commission estimates that the total annual burden for all respondents to provide the amendments and periodic updates under Rule 6a–4 would be 105 hours (15 hours/ respondent per year x seven respondents) and $10,066 ($1438/ response × seven responses/year). The Commission estimates that the total annual burden for the filing of the supplemental information and the monthly reports required under Rule 6a–4 would be 87.5 hours (25 filings/ respondent × seven respondents x 0.5 hours/response). The SEC estimates that the total annual cost for all supplemental filings would be $3675 (25 filings/respondent per year × 7 respondents × $21/response). 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, VA 22312 or send an e-mail to: PRA_Mailbox@sec.gov. Comments must be submitted within 30 days of this notice. Dated: July 10, 2007. Florence E. Harmon, Deputy Secretary. [FR Doc. E7–13751 Filed 7–16–07; 8:45 am] BILLING CODE 8010–01–P 1 44 U.S.C. 3501 et seq. U.S.C. 78f. 3 17 CFR 240.6a–4. 2 15 Frm 00054 Fmt 4703 Sfmt 4703 39095 E:\FR\FM\17JYN1.SGM 17JYN1

Agencies

[Federal Register Volume 72, Number 136 (Tuesday, July 17, 2007)]
[Notices]
[Page 39095]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-13751]


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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 6a-4; SEC File No. 270-496; OMB Control No. 3235-0554.

    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.
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    \1\ 44 U.S.C. 3501 et seq.
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    Section 6 of the Securities Exchange Act of 1934 (``Act'') \2\ sets 
out a framework for the registration and regulation of national 
securities exchanges. Under the Commodity Futures Modernization Act of 
2000, a futures market may trade security futures products by 
registering as a national securities exchange. Rule 6a-4 \3\ sets forth 
these registration procedures and directs futures markets to submit a 
notice registration on Form 1-N. Form 1-N calls for information 
regarding how the futures market operates, its rules and procedures, 
its criteria for membership, its subsidiaries and affiliates, and the 
security futures products it intends to trade. Rule 6a-4 also would 
require entities that have submitted an initial Form 1-N to file: (1) 
Amendments to Form 1-N in the event of material changes to the 
information provided in the initial Form 1-N; (2) periodic updates of 
certain information provided in the initial Form 1-N; (3) certain 
information that is provided to the futures market's members; and (4) a 
monthly report summarizing the futures market's trading of security 
futures products. The information required to be filed with the 
Commission pursuant to Rule 6a-4 is designed to enable the Commission 
to carry out its statutorily mandated oversight functions and to ensure 
that registered and exempt exchanges continue to be in compliance with 
the Act.
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    \2\ 15 U.S.C. 78f.
    \3\ 17 CFR 240.6a-4.
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    The respondents to the collection of information are futures 
markets.
    The Commission estimates that the total annual burden for all 
respondents to provide the amendments and periodic updates under Rule 
6a-4 would be 105 hours (15 hours/respondent per year x seven 
respondents) and $10,066 ($1438/response x seven responses/year). The 
Commission estimates that the total annual burden for the filing of the 
supplemental information and the monthly reports required under Rule 
6a-4 would be 87.5 hours (25 filings/respondent x seven respondents x 
0.5 hours/response). The SEC estimates that the total annual cost for 
all supplemental filings would be $3675 (25 filings/respondent per year 
x 7 respondents x $21/response).
    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, VA 22312 or send an e-
mail to: PRA--Mailbox@sec.gov. Comments must be submitted within 30 
days of this notice.

    Dated: July 10, 2007.
Florence E. Harmon,
Deputy Secretary.
 [FR Doc. E7-13751 Filed 7-16-07; 8:45 am]
BILLING CODE 8010-01-P