Proposed Collections; Comment Request, 52181 [E7-17940]

Download as PDF 52181 Federal Register / Vol. 72, No. 176 / Wednesday, September 12, 2007 / Notices APPENDIX 2.—ESTIMATED DC AREA MIDDLE INCOME ANNUAL CONSUMER EXPENDITURES—Continued [Asterisks show Detailed Expenditure Categories (DECs) for which OPM surveyed items] Level 5 5 5 5 5 .......... .......... .......... .......... .......... Code 800910 800920 800931 800932 800940 ............. ............. ............. ............. ............. Group Category name ............. ............. ............. ............. ............. Deductions for government retirement* ............................................................................ Deductions for railroad retirement ..................................................................................... Deductions for private pensions ........................................................................................ Non-payroll deposit to retirement plans ............................................................................ Deductions for Social Security .......................................................................................... [FR Doc. 07–4491 Filed 9–11–07; 8:45 am] BILLING CODE 6325–39–P SECURITIES AND EXCHANGE COMMISSION Proposed Collections; Comment Request Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Investor Education and Advocacy, Washington, DC 20549–0123. jlentini on PROD1PC65 with NOTICES Extensions: Form 3; OMB Control No. 3235–0104; SEC File No. 270–125. Form 4; OMB Control No. 3235–0287; SEC File No. 270–126. Form 5; OMB Control No. 3235–0362; SEC File No. 270–323. 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 collections of information summarized below. The Commission plans to submit these existing collections of information to the Office of Management and Budget for extension and approval. Under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) Forms 3, 4 and 5 (17 CFR 249.103, 249.104 and 249.105) are filed by insiders of public companies that have a class of securities registered under Section 12 of the Exchange Act (15 U.S.C. 78l). Form 3 is an initial statement of beneficial ownership of securities, Form 4 is a statement of changes in beneficial ownership of securities and Form 5 is an annual statement of beneficial ownership of securities. Approximately 29,000 insiders file Form 3 annually and it takes approximately .5 hours to prepare for a total of 14,500 annual burden hours. Approximately 225,000 insiders file Form 4 annually and it takes approximately .5 hours to prepare for a total of 112,500 annual burden hours. Approximately 9,000 insiders file Form 5 annually and it takes approximately one hour to prepare for a total of 9,000 annual burden hours. VerDate Aug<31>2005 20:32 Sep 11, 2007 Jkt 211001 Written comments are invited on: (a) Whether these proposed collections of information are necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (b) the accuracy of the agency’s estimate of the burden imposed by the collections of information; (c) ways to enhance the quality, utility, and clarity of the information collected; and (d) ways to minimize the burden of the collections 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. September 5, 2007. Florence E. Harmon, Deputy Secretary. [FR Doc. E7–17940 Filed 9–11–07; 8:45 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION Request for Public Comment Upon Written Request, Copies Available From: U.S. Securities and Exchange Commission, Office of Investor Education and Advocacy, Washington, DC 20549–0213. Extension: Rule 8c-1; SEC File No. 270–455; OMB Control No. 3235–0514. 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 PO 00000 Frm 00137 Fmt 4703 Sfmt 4703 Expenditures 116.12 3.01 513.91 417.89 3.32 of information to the Office of Management and Budget for approval. Rule 8c-1 (17 CFR 240.8c-1) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) generally prohibits a broker-dealer from using its customers’ securities as collateral to finance its own trading, speculating, or underwriting transactions. More specifically, the rule states three main principles: first, that a broker-dealer is prohibited from commingling the securities of different customers as collateral for a loan without the consent of each customer; second, that a broker-dealer cannot commingle customers’ securities with its own securities under the same pledge; and third, that a broker-dealer can only pledge its customers’ securities to the extent that customers are in debt to the broker-dealer.1 Pursuant to Rule 8c-1, respondents must collect information necessary to prevent the hypothecation of customer accounts in contravention of the rule, issue and retain copies of notices to the pledgee of hypothecation of customer accounts in accordance with the rule, and collect written consents from customers in accordance with the rule. The information is necessary to ensure compliance with the rule and to advise customers of the rule’s protections. There are approximately 142 respondents per year (i.e., brokerdealers that conducted business with the public, filed Part II of the FOCUS Report, did not claim an exemption from the Reserve Formula computation, and reported that they had a bank loan during at least one quarter of the current year) that require an aggregate total of 3,195 hours to comply with the rule. Each of these approximately 142 registered broker-dealers makes an estimated 45 annual responses, for an aggregate total of 6,390 responses per year. Each response takes approximately 0.5 hours to complete. Thus, the total compliance burden per year is 3,195 burden hours. The approximate cost per hour is $56, resulting in a total cost of compliance for the respondents of 1 See Securities Exchange Act Release No. 2690 (November 15, 1940); Securities Exchange Act Release No. 9428 (December 29, 1971). E:\FR\FM\12SEN1.SGM 12SEN1

Agencies

[Federal Register Volume 72, Number 176 (Wednesday, September 12, 2007)]
[Notices]
[Page 52181]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-17940]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collections; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Investor Education and Advocacy, Washington, DC 
20549-0123.

Extensions:
    Form 3; OMB Control No. 3235-0104; SEC File No. 270-125.
    Form 4; OMB Control No. 3235-0287; SEC File No. 270-126.
    Form 5; OMB Control No. 3235-0362; SEC File No. 270-323.

    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 collections 
of information summarized below. The Commission plans to submit these 
existing collections of information to the Office of Management and 
Budget for extension and approval.
    Under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) 
Forms 3, 4 and 5 (17 CFR 249.103, 249.104 and 249.105) are filed by 
insiders of public companies that have a class of securities registered 
under Section 12 of the Exchange Act (15 U.S.C. 78l). Form 3 is an 
initial statement of beneficial ownership of securities, Form 4 is a 
statement of changes in beneficial ownership of securities and Form 5 
is an annual statement of beneficial ownership of securities. 
Approximately 29,000 insiders file Form 3 annually and it takes 
approximately .5 hours to prepare for a total of 14,500 annual burden 
hours. Approximately 225,000 insiders file Form 4 annually and it takes 
approximately .5 hours to prepare for a total of 112,500 annual burden 
hours. Approximately 9,000 insiders file Form 5 annually and it takes 
approximately one hour to prepare for a total of 9,000 annual burden 
hours.
    Written comments are invited on: (a) Whether these proposed 
collections of information are necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden imposed by the collections of information; (c) ways to 
enhance the quality, utility, and clarity of the information collected; 
and (d) ways to minimize the burden of the collections 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.

     September 5, 2007.
Florence E. Harmon,
Deputy Secretary.
 [FR Doc. E7-17940 Filed 9-11-07; 8:45 am]
BILLING CODE 8010-01-P
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