Submissions for OMB Review; Comment Request, 65112 [E7-22510]
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Federal Register / Vol. 72, No. 222 / Monday, November 19, 2007 / Notices
collection obtains information needed to
determine if a representative payee is
handling benefit payments in the best
interest of the annuitant.
Changes Proposed: The RRB proposes
no changes to Form G–99a. Minor, nonburden impacting editorial changes are
proposed to Form G–99c.
The burden estimate for the ICR is as
follows:
Estimated Completion Time for
Form(s): Completion time for G–99a is
estimated at 18 minutes. Completion
time for Form G–99c is estimated at 24
to 31 minutes.
Estimated annual number of
respondents: 6,000.
Total annual responses: 6,535 (6,000
G–99a’s and 535 G–99c’s).
Total annual reporting hours: 2,032.
Additional Information or Comments:
Copies of the forms and supporting
documents can be obtained from
Charles Mierzwa, the agency clearance
officer (312–751–3363) or
Charles.Mierzwa@rrb.gov.
Comments regarding the information
collection should be sent to Ronald J.
Hodapp, Railroad Retirement Board, 844
North Rush Street, Chicago, Illinois
60611–2092 or
Ronald.Hodapp@RRB.GOV, and to the
Office of Management Budget at Attn:
Desk Officer for RRB, Fax: (202) 395–
6974 or via e-mail to
OIRA_Submission@omb.eop.gov.
Charles Mierzwa,
Clearance Officer.
[FR Doc. E7–22582 Filed 11–16–07; 8:45 am]
BILLING CODE 7905–01–P
SECURITIES AND EXCHANGE
COMMISSION
Submissions 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.
rwilkins on PROD1PC63 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’’) has submitted to the
Office of Management and Budget
requests for extension of the previously
approved collections of information
discussed below.
VerDate Aug<31>2005
20:17 Nov 16, 2007
Jkt 214001
Under the 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.
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
Alexander_T._Hunt@omb.eop.gov and
(ii) R. Corey Booth, Director/Chief
Information Officer, Securities and
Exchange Commission, C/O Shirley
Martinson, 6423 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: November 7, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–22510 Filed 11–16–07; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: 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.
PO 00000
Frm 00127
Fmt 4703
Sfmt 4703
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 has
submitted to the Office of Management
and Budget requests for approval of the
following rule: Rule 8c–1.
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
approximately $178,920 (3,195 hours @
$56 per hour).
The retention period for the
recordkeeping requirement under Rule
8c–1 is three years. The recordkeeping
requirement under this rule is
mandatory to ensure that broker-dealers
1 See Securities Exchange Act Release No. 2690
(November 15, 1940); Securities Exchange Act
Release No. 9428 (December 29, 1971).
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19NON1
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[Federal Register Volume 72, Number 222 (Monday, November 19, 2007)]
[Notices]
[Page 65112]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-22510]
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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 Investor Education and Advocacy, Washington, DC
20549-0213.
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'') has submitted to the Office of Management
and Budget requests for extension of the previously approved
collections of information discussed below.
Under the 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.
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 Alexander--T.--
Hunt@omb.eop.gov and (ii) R. Corey Booth, Director/Chief Information
Officer, Securities and Exchange Commission, C/O Shirley Martinson,
6423 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: November 7, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-22510 Filed 11-16-07; 8:45 am]
BILLING CODE 8011-01-P
