Submission for OMB Review; Comment Request, 45279-45280 [E7-15722]

Download as PDF Federal Register / Vol. 72, No. 155 / Monday, August 13, 2007 / Notices and Intergovernmental Affairs. Effective June 21, 2007. DEGS00599 Assistant Press Secretary to the Director, Public Affairs. Effective June 28, 2007. DEGS00600 Special Assistant to the Deputy Assistant Secretary for Natural Gas and Petroleum Technology. Effective June 28, 2007. Section 213.3332 Administration Small Business SBGS00615 Senior Advisor, Office of Performance Management to the Director of Performance Management. Effective June 06, 2007. SBGS00616 Deputy Associate Administrator for Field Operations to the Associate Administrator for Field Operations. Effective June 06, 2007. SBGS00617 Special Assistant to the Associate Administrator for Government Contracting and Business Development. Effective June 06, 2007. Section 213.3333 Federal Deposit Insurance Corporation FDOT00013 Special Counselor to the Chairman of the Board of Directors (Director). Effective June 28, 2007. Section 213.3337 Administration General Services GSGS60126 Deputy Associate Administrator for Communications to the Associate Administrator for Citizen Services and Communications. Effective June 20, 2007. GSGS60089 Confidential Assistant to the Administrator. Effective June 25, 2007. Section 213.3384 Department of Housing and Urban Development DUGS60419 Speechwriter to the General Deputy Assistant Secretary for Public Affairs. Effective June 11, 2007. Section 213.3394 Transportation Department of DTGS60351 Counselor to the Deputy Secretary. Effective June 06, 2007. Section 213.3396 National Transportation Safety Board TBGS71538 Special Assistant to a Member. Effective June 01, 2007. jlentini on PROD1PC65 with NOTICES Authority: 5 U.S.C. 3301 and 3302; E.O. 10577, 3 CFR 1954–1958 Comp., p. 218. U.S. Office of Personnel Management. Tricia Hollis, Chief of Staff. [FR Doc. E7–15802 Filed 8–10–07; 8:45 am] BILLING CODE 6325–39–P VerDate Aug<31>2005 16:19 Aug 10, 2007 Jkt 211001 SECURITIES AND EXCHANGE COMMISSION Submission for OMB Review; Comment Request Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Investor Education and Advocacy, Washington, DC 20549–0213. Extension: Rule 248.30; SEC File No. 270–549; OMB Control No. 3235–0610. 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 for rule 248.30 under Regulation S–P (17 CFR 248.30), titled ‘‘Procedures to Safeguard Customer Records and Information; Disposal of Consumer Report Information.’’ Rule 248.30 (the ‘‘safeguard rule’’) requires brokers, dealers, investment companies, and investment advisers registered with the Commission (‘‘registered investment advisers’’) (collectively ‘‘covered institutions’’) to adopt written policies and procedures for administrative, technical, and physical safeguards to protect customer records and information. The safeguards must be reasonably designed to ‘‘insure the security and confidentiality of customer records and information,’’ ‘‘protect against any anticipated threats or hazards to the security and integrity’’ of those records, and protect against unauthorized access to or use of those records or information, which ‘‘could result in substantial harm or inconvenience to any customer.’’ The safeguard rule’s requirement that covered institutions’ policies and procedures be documented in writing constitutes a collection of information and must be maintained on an ongoing basis. This requirement eliminates uncertainty as to required employee actions to protect customer records and information and promotes more systematic and organized reviews of safeguard policies and procedures by institutions. The information collection also assists the Commission’s examination staff in assessing the existence and adequacy of covered institutions’ safeguard policies and procedures. The Commission staff estimates that approximately 449 new entities are subject to the requirements of the safeguard rule’s documentation requirement each year. Of these, we PO 00000 Frm 00065 Fmt 4703 Sfmt 4703 45279 estimate that 389 will be small entities, and that on average a small entity will spend an average of 15 hours to develop and document its safeguard policies and procedures. The Commission staff therefore estimates a one-time hour burden for these new, smaller entities of 5,835 hours. We estimate that 60 additional large institutions will be subject to the rule, and that on average each new large institution will spend 715 hours to develop and document their safeguard policies and procedures, for a one-time burden of 42,900 hours. Thus, we estimate a one-time hour burden for new entities of 48,735 hours per year. The Commission staff also estimates that 2,080 institutions review and update their policies and procedures under the rule each year. We estimate that 815 of these institutions are smaller entities that spend an average of 6 hours reviewing and updating their policies and procedures once per year, or 4,890 hours annually. We estimate that an additional 1,265 larger institutions spend an average of 30 hours to review and update their safeguard policies and procedures, or 37,950 hours each year. Accordingly, we estimate that the annual burden for covered institutions that review and update their safeguard policies and procedures is 42,840 hours. We therefore estimate a total of 2,529 respondents and an annual burden of 91,575 hours associated with the rule’s collection of information requirement. These estimates of average burden hours are made solely for the purposes of the Paperwork Reduction Act. 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. The safeguard rule does not require the reporting of any information or the filing of any documents with the Commission. The collection of information required by the safeguard rule is mandatory. 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. E:\FR\FM\13AUN1.SGM 13AUN1 45280 Federal Register / Vol. 72, No. 155 / Monday, August 13, 2007 / Notices Dated: August 6, 2007. Florence E. Harmon, Deputy Secretary. [FR Doc. E7–15722 Filed 8–10–07; 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 Investor Education and Assistance, Washington, DC 20549–0213. jlentini on PROD1PC65 with NOTICES Extension: Rule 15Bc3–1 and Form MSDW, SEC File No. 270–93, OMB Control No. 3235– 0087. 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 approval of extension of the previously approved collection of information discussed below. Rule 15Bc3–1 (17 CFR 240.15Bc3–1) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) provides that a notice of withdrawal from registration with the Commission as a bank municipal securities dealer must be filed on Form MSDW. The Commission uses the information submitted on Form MSDW in determining whether it is in the public interest to permit a bank municipal securities dealer to withdraw its registration. This information is also important to the municipal securities dealer’s customers and to the public, because it provides, among other things, the name and address of a person to contact regarding any of the municipal securities dealer’s unfinished business. Based upon past submissions, the staff estimates that approximately 20 respondents will utilize this notice annually, with a total burden for all respondents of 10 hours. The staff estimates that the average number of hours necessary to comply with the requirements of Rule 15Bc3–1 is 0.5 hours. The average cost per hour is approximately $101. Therefore, the total cost of compliance for the respondents is $1010 ($101 × 0.5 × 20 = $1010). Providing the information on the notice is mandatory in order to withdraw from registration with the Commission as a bank municipal securities dealer. The information contained in the notice will not be VerDate Aug<31>2005 17:04 Aug 10, 2007 Jkt 211001 confidential. 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. Providing the information on the application is mandatory in order to register with the Commission as a bank municipal securities dealer. The information contained in the application will not be kept confidential. 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: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of this notice. Dated: July 30, 2007. Nancy M. Morris, Secretary. [FR Doc. E7–15733 Filed 8–10–07; 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 Investor Education and Assistance, Washington, DC 20549–0213. Extension: Rule 15Ba2–1 and Form MSD; SEC File No. 270–0088; OMB Control No. 3235–0083. 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 15Ba2–1 (17 CFR 240.15Ba2–1) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) provides PO 00000 Frm 00066 Fmt 4703 Sfmt 4703 that an application for registration with the Commission by a bank municipal securities dealer must be filed on Form MSD. The Commission uses the information contained in Form MSD to determine whether bank municipal securities dealers meet the standards for registration set forth in the Exchange Act, to develop a central registry where members of the public may obtain information about particular bank municipal securities dealers, and to develop statistical information about bank municipal securities dealers. Based upon past submissions, the staff estimates that approximately 32 respondents will utilize this application procedure annually, with a total burden of 48 hours. The staff estimates that the average number of hours necessary to comply with the requirements of Rule 15Ba2–1 is 1.5 hours. The average cost per hour is approximately $67. Therefore, the total cost of compliance for the respondents is approximately $3,216. Rule 15Ba2–1 does not contain an explicit recordkeeping requirement, but the rule does require the prompt correction of any information on Form MSD that becomes inaccurate, meaning that bank municipal securities dealers need to maintain a current copy of Form MSD indefinitely. Providing the information on the application is mandatory in order to register with the Commission as a bank municipal securities dealer. The information contained in the application will not be kept confidential. 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 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 e-mail to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of this notice. Dated: July 30, 2007. Nancy M. Morris, Secretary. [FR Doc. E7–15735 Filed 8–10–07; 8:45 am] BILLING CODE 8010–01–P E:\FR\FM\13AUN1.SGM 13AUN1

Agencies

[Federal Register Volume 72, Number 155 (Monday, August 13, 2007)]
[Notices]
[Pages 45279-45280]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-15722]


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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 Investor Education and Advocacy, Washington, DC 
20549-0213.

Extension:
    Rule 248.30; SEC File No. 270-549; OMB Control No. 3235-0610.

    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 for rule 248.30 under Regulation S-P (17 CFR 248.30), 
titled ``Procedures to Safeguard Customer Records and Information; 
Disposal of Consumer Report Information.''
    Rule 248.30 (the ``safeguard rule'') requires brokers, dealers, 
investment companies, and investment advisers registered with the 
Commission (``registered investment advisers'') (collectively ``covered 
institutions'') to adopt written policies and procedures for 
administrative, technical, and physical safeguards to protect customer 
records and information. The safeguards must be reasonably designed to 
``insure the security and confidentiality of customer records and 
information,'' ``protect against any anticipated threats or hazards to 
the security and integrity'' of those records, and protect against 
unauthorized access to or use of those records or information, which 
``could result in substantial harm or inconvenience to any customer.'' 
The safeguard rule's requirement that covered institutions' policies 
and procedures be documented in writing constitutes a collection of 
information and must be maintained on an ongoing basis. This 
requirement eliminates uncertainty as to required employee actions to 
protect customer records and information and promotes more systematic 
and organized reviews of safeguard policies and procedures by 
institutions. The information collection also assists the Commission's 
examination staff in assessing the existence and adequacy of covered 
institutions' safeguard policies and procedures.
    The Commission staff estimates that approximately 449 new entities 
are subject to the requirements of the safeguard rule's documentation 
requirement each year. Of these, we estimate that 389 will be small 
entities, and that on average a small entity will spend an average of 
15 hours to develop and document its safeguard policies and procedures. 
The Commission staff therefore estimates a one-time hour burden for 
these new, smaller entities of 5,835 hours. We estimate that 60 
additional large institutions will be subject to the rule, and that on 
average each new large institution will spend 715 hours to develop and 
document their safeguard policies and procedures, for a one-time burden 
of 42,900 hours. Thus, we estimate a one-time hour burden for new 
entities of 48,735 hours per year.
    The Commission staff also estimates that 2,080 institutions review 
and update their policies and procedures under the rule each year. We 
estimate that 815 of these institutions are smaller entities that spend 
an average of 6 hours reviewing and updating their policies and 
procedures once per year, or 4,890 hours annually. We estimate that an 
additional 1,265 larger institutions spend an average of 30 hours to 
review and update their safeguard policies and procedures, or 37,950 
hours each year. Accordingly, we estimate that the annual burden for 
covered institutions that review and update their safeguard policies 
and procedures is 42,840 hours. We therefore estimate a total of 2,529 
respondents and an annual burden of 91,575 hours associated with the 
rule's collection of information requirement.
    These estimates of average burden hours are made solely for the 
purposes of the Paperwork Reduction Act. 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. The 
safeguard rule does not require the reporting of any information or the 
filing of any documents with the Commission. The collection of 
information required by the safeguard rule is mandatory.
    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.


[[Page 45280]]


    Dated: August 6, 2007.
Florence E. Harmon,
Deputy Secretary.
 [FR Doc. E7-15722 Filed 8-10-07; 8:45 am]
BILLING CODE 8010-01-P