Proposed Collection; Comment Request, 46112 [E7-16162]
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Federal Register / Vol. 72, No. 158 / Thursday, August 16, 2007 / Notices
also be used by the Commission or its
staff in connection with public analyses
of the responses. The likely respondents
to the questionnaire are the participants
in the voluntary program.
We estimate that each of 80
respondents will respond once and take
4 hours per response for a total
reporting burden of 320 hours.
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, 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: August 9, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–16091 Filed 8–15–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon written request, copies available
from: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
rwilkins on PROD1PC63 with NOTICES
Extension: Rule 17f–1(g); SEC File No. 270–
30; OMB Control No. 3235–0290.
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 17f–1(g) (17 CFR 240.17f–1(g))
of the Securities Exchange Act of 1934
(15 U.S.C. 78q(f)) (‘‘Act’’) Requirements
for reporting and inquiry with respect to
VerDate Aug<31>2005
17:27 Aug 15, 2007
Jkt 211001
missing, lost, counterfeit or stolen
securities.
Paragraph (g) of Rule 17f–1 requires
that all reporting institutions (i.e., every
national securities exchange, member
thereof, registered securities association,
broker, dealer, municipal securities
dealer, registered transfer agent,
registered clearing agency, participant
therein, member of the Federal Reserve
System and bank insured by the FDIC)
maintain and preserve a number of
documents related to their participation
in the Lost and Stolen Securities
Program (‘‘Program’’) under Rule 17f–1.
The following documents must be kept
in an easily accessible place for three
years, according to paragraph (g): (1)
Copies or all reports of theft or loss
(Form X–17F–1A) filed with the
Commission’s designee: (2) All
agreements between reporting
institutions regarding registration in the
Program or other aspects of Rule 17f–1;
and (3) all confirmations or other
information received from the
Commission or its designee as a result
of inquiry.
Reporting institutions utilize these
records and reports (a) to report missing,
lost, stolen or counterfeit securities to
the database, (b) to confirm inquiry of
the database, and (c) to demonstrate
compliance with Rule 17f–1. The
Commission and the reporting
institutions’ examining authorities
utilize these records to monitor the
incidence of thefts and losses incurred
by reporting institutions and to
determine compliance with Rule 17f–1.
If such records were not retained by
reporting institutions, compliance with
Rule 17f–1 could not be monitored
effectively.
The Commission estimates that there
are 25,628 reporting institutions
(respondents) and, on average, each
respondent would need to retain 33
records annually, with each retention
requiring approximately 1 minute (33
minutes or .55 hours). The total
estimated annual burden is 14,095.4
hours (25,628 × .55 hours = 14,095.4).
Assuming an average hourly cost for
clerical work of $22.00, the average total
yearly record retention cost for each
respondent would be $12.10. Based on
these estimates, the total annual cost for
the estimated 25,628 reporting
institutions would be approximately
$310,099.
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) the accuracy of the agency’s
estimates of the burden of the proposed
PO 00000
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Fmt 4703
Sfmt 4703
collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be collected; and
(d) ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within 60 days of this
publication.
Please direct your written comments
to 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 email to: PRA_Mailbox@sec.gov.
Comments must be submitted within 60
days of this notice.
Dated: August 9, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–16162 Filed 8–15–07; 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 Advocacy,
Washington, DC 20549–0213.
Extension: Rule 17a–1; SEC File No. 270–
244; OMB Control No. 3235–0208.
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 17a–1 (17 CFR 240.17a–1) under
the Securities Exchange Act of 1934 (the
‘‘Act’’) (15 U.S.C. 78a et. seq.) requires
that all national securities exchanges,
national securities associations,
registered clearing agencies, and the
Municipal Securities Rulemaking Board
keep on file for a period of five years,
two years in an accessible place, all
documents that they make or receive
respecting their self-regulatory
activities, and that such documents be
available for examination by the
Commission.
The Commission staff estimates that
the average number of hours necessary
for compliance with the requirements of
Rule 17a–1 is 50 hours per year. There
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]]>Agencies
[Federal Register Volume 72, Number 158 (Thursday, August 16, 2007)]
[Notices]
[Page 46112]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-16162]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon written request, copies available from: Securities and Exchange
Commission, Office of Investor Education and Advocacy, Washington, DC
20549-0213.
Extension: Rule 17f-1(g); SEC File No. 270-30; OMB Control No. 3235-
0290.
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 17f-1(g) (17 CFR 240.17f-1(g)) of the Securities
Exchange Act of 1934 (15 U.S.C. 78q(f)) (``Act'') Requirements for
reporting and inquiry with respect to missing, lost, counterfeit or
stolen securities.
Paragraph (g) of Rule 17f-1 requires that all reporting
institutions (i.e., every national securities exchange, member thereof,
registered securities association, broker, dealer, municipal securities
dealer, registered transfer agent, registered clearing agency,
participant therein, member of the Federal Reserve System and bank
insured by the FDIC) maintain and preserve a number of documents
related to their participation in the Lost and Stolen Securities
Program (``Program'') under Rule 17f-1. The following documents must be
kept in an easily accessible place for three years, according to
paragraph (g): (1) Copies or all reports of theft or loss (Form X-17F-
1A) filed with the Commission's designee: (2) All agreements between
reporting institutions regarding registration in the Program or other
aspects of Rule 17f-1; and (3) all confirmations or other information
received from the Commission or its designee as a result of inquiry.
Reporting institutions utilize these records and reports (a) to
report missing, lost, stolen or counterfeit securities to the database,
(b) to confirm inquiry of the database, and (c) to demonstrate
compliance with Rule 17f-1. The Commission and the reporting
institutions' examining authorities utilize these records to monitor
the incidence of thefts and losses incurred by reporting institutions
and to determine compliance with Rule 17f-1. If such records were not
retained by reporting institutions, compliance with Rule 17f-1 could
not be monitored effectively.
The Commission estimates that there are 25,628 reporting
institutions (respondents) and, on average, each respondent would need
to retain 33 records annually, with each retention requiring
approximately 1 minute (33 minutes or .55 hours). The total estimated
annual burden is 14,095.4 hours (25,628 x .55 hours = 14,095.4).
Assuming an average hourly cost for clerical work of $22.00, the
average total yearly record retention cost for each respondent would be
$12.10. Based on these estimates, the total annual cost for the
estimated 25,628 reporting institutions would be approximately
$310,099.
Written comments are invited on: (a) Whether the proposed
collection of information is necessary for the proper performance of
the functions of the agency, including whether the information shall
have practical utility; (b) the accuracy of the agency's estimates of
the burden of the proposed collection of information; (c) ways to
enhance the quality, utility, and clarity of the information to be
collected; and (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology.
Consideration will be given to comments and suggestions submitted in
writing within 60 days of this publication.
Please direct your written comments to 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
within 60 days of this notice.
Dated: August 9, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-16162 Filed 8-15-07; 8:45 am]
BILLING CODE 8010-01-P
