Submissions for OMB Review; Comment Request;, 9368-9369 [E8-3041]

Download as PDF 9368 Federal Register / Vol. 73, No. 34 / Wednesday, February 20, 2008 / Notices rwilkins on PROD1PC63 with NOTICES the convenience this service provides. Id. Stamped Cards. The Postal Service plans to increase the fee for a single Stamped Card by the minimum amount of $0.01, which is a 50 percent increase. It also increases the other Stamped Cards fees by 50 percent. Id. Bulk Parcel Return Service. The Postal Service states that the increase in the per-piece fee is similar to the general increase for Standard Mail parcels, which comprises this category. Id. Restricted Delivery, Collect on Delivery Notice of Nondelivery and Alteration of Charges, and Money Order inquiries. The Postal Service says the larger-than-average fee increases for these services reflect their high value of service. Id. International special services. The Postal Service says its general approach to international special services has been to set fees for those services that are similar to the fees for the equivalent domestic service, and that it has followed this approach for International Certificates of Mailing; International Registered Mail; International Return Receipts; and International Restricted Delivery. Id. at 23. VIII. Mail Classification Schedule Product Description Changes The Postal Service addresses § 3010.14(b)(9) in Part III of its Adjustment Notice. Id. at 37–38. This rule requires that the Adjustment Notice include all the changes to the product descriptions within the MCS that are necessitated by the planned price adjustments. The Postal Service provides the proposed MCS revisions in Appendix C. It notes that the changes are based on the draft MCS it submitted on September 24, 2007 (as supplemented on November 20, 2007). Id. at 37. Revisions are made to the MCS in Outbound Single-Piece First-Class Mail International and in Outside County Periodicals. International Mail. The MCS changes related to International Mail reflect changes to the International Mail Manual (IMM) that expand the number of country groups for First-Class Mail International to nine; implement the new shape-based prices for letters, large envelopes (flats), and packages (small packets); and apply the nonmachinable surcharge to all nonmachinable letters, regardless of weight. The Postal Service states that notice of the IMM changes is being placed on https://www.USPS.com and will be published shortly in the Federal Register. Id. Outside County Periodicals. The Postal Service states that the MCS revisions for this product reflect the VerDate Aug<31>2005 16:47 Feb 19, 2008 Jkt 214001 changes to the Domestic Mail Manual (DMM) required to implement 39 U.S.C. 3626(g)(4), which authorizes the provision of a discount for the Outside County pieces of a Periodicals publication having fewer than 5,000 Outside County pieces, and at least one Within County piece. The Postal Service states that the DMM changes implementing this new discount are being placed on https://www.USPS.com and will be published shortly in the Federal Register. Id. at 37–38. IX. Ordering Paragraphs It Is Ordered 1. The Commission establishes Docket No. R2008–1 to consider the planned price adjustments in rates and fees for market dominant postal products and services identified in the Postal Service’s February 11, 2008 Notice of Market-Dominant Price Adjustment. 2. The Commission establishes a 20day period for public comment on the planned price adjustments. This period extends through March 3, 2008. 3. The Commission appoints Kenneth E. Richardson as officer of the Commission to represent the interests of the general public in this proceeding. 4. The Commission directs the Secretary of the Commission to arrange for prompt publication of this notice in the Federal Register. By the Commission. Steven W. Williams, Secretary. [FR Doc. E8–3163 Filed 2–19–08; 8:45 am] BILLING CODE 7710–FW–P UNITED STATES POSTAL SERVICE BOARD OF GOVERNORS Sunshine Act Meeting; Notification of Item Added to Meeting Agenda DATE OF MEETING: STATUS: January 29, 2008. Closed. 73 FR 3760, January 22, 2008. ADDITION: 1. Consideration of Rate and Classification Changes. At its closed meeting on January 29, 2008, the Board of Governors of the United States Postal Service voted unanimously to add this item to the agenda of its closed meeting and that no earlier announcement was possible. The General Counsel of the United States Postal Service certified that in her opinion discussion of this item could be properly closed to public observation. CONTACT PERSON FOR MORE INFORMATION: Wendy A. Hocking, Secretary of the PREVIOUS ANNOUNCEMENT: PO 00000 Frm 00096 Fmt 4703 Sfmt 4703 Board, U.S. Postal Service, 475 L’Enfant Plaza, SW., Washington, DC 20260– 1000. Wendy A. Hocking, Secretary. [FR Doc. 08–778 Filed 2–14–08; 4:03 pm] BILLING CODE 7710–12–M 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: Rule 163; OMB Control No. 3235–0619; SEC File No. 270–556. Rule 173; OMB Control No. 3235–0618; SEC File No. 270–557. Rule 433; OMB Control No. 3235–0617; SEC File No. 270–558. 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 these requests for extension of the previously approved collections of information discussed below. Rule 163 (17 CFR 230.163) provides an exemption from Section 5(c) (15 U.S.C. 77e(c)) under the Securities Act of 1933 (15 U.S.C. 77a et seq.) for certain communications by or on behalf of a well-known seasoned issuer. The information filed under Rule 163 is publicly available. We estimate that it takes approximately .24 burden hours per response to provide the information required under Rule 163 and that the information is filed by 53 respondents for a total annual reporting burden of approximately 13 hours. We estimate that 25% of .24 hours per response (.06 hours) is prepared by the company for a total annual burden of approximately 3 hours (.06 hours per response × 53 responses). Rule 173 (17 CFR 230.173) provides a notice of registration to investors who purchased securities in a registered offering under the Securities Act of 1933 (15 U.S.C. 77a et seq.). The Rule 173 notice must be provided by each underwriter or dealer to each purchaser of securities. We estimate that it takes approximately .01 hour per response to provide the information required under Rule 173 and that the information is filed by 5,338 companies approximately 43,546 times a year for a total of E:\FR\FM\20FEN1.SGM 20FEN1 Federal Register / Vol. 73, No. 34 / Wednesday, February 20, 2008 / Notices rwilkins on PROD1PC63 with NOTICES approximately 232,448,548 responses. We estimate that the total annual reporting burden for Rule 173 is approximately 2,324,485 hours (.01 hours per response × 232,448,548 responses). Rule 433 (17 CFR 230.433) governs the use and filing of free writing prospectuses under the Securities Act of 1933 (15 U.S.C. 77a et seq.). The purpose of Rule 433 is to reduce restrictions on communications that companies can make to investors during a registered offering, while still maintaining a high level of investor protection. A free writing prospectus meeting the conditions of Rule 433(d)(1) must be filed with the Commission and is publicly available. We estimate that it takes approximately 1.3 burden hours per response to prepare a free writing prospectus and that the information is filed by 2,906 companies approximately 1.25 times a year for a total of approximately 3,633 responses. We estimate that 25% of the 1.3 burden hours per response (.32 hours) is prepared by the company for total annual reporting burden of approximately 1,163 hours (.32 hours × 3,633 responses). 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 person: (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, 6432 General Green Way, Alexandria, VA 22312; or send an email to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of this notice. Dated: February 12, 2008. Florence E. Harmon, Deputy Secretary. [FR Doc. E8–3041 Filed 2–19–08; 8:45 am] BILLING CODE 8011–01–P VerDate Aug<31>2005 16:47 Feb 19, 2008 Jkt 214001 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 27d–2; SEC File No. 270–500; OMB Control No. 3235–0566. 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 (the ‘‘Commission’’) is soliciting comments on the collections of information under the Investment Company Act of 1940 (15 U.S.C. 80a) (‘‘Act’’) summarized below. The Commission plans to submit these collections of information to the Office of Management and Budget for approval. Rule 27d–2 (17 CFR 270.27d–2) is entitled ‘‘Insurance Company Undertaking in Lieu of Segregated Trust Account.’’ Rule 27d–1 (17 CFR 270.27d– 1) 1 under the Act requires the depositor or principal underwriter for an issuer of periodic payment plans to deposit funds into a segregated trust account to provide assurance of its ability to fulfill its refund obligations under sections 27(d) and 27(f).2 Rule 27d–2 provides an exemption from rule 27d–1 under the Act for depositors or principal underwriters for the issuers of periodic payments plans. In order to comply with the rule: (i) The depositor or principal underwriter must secure from an insurance company a written guarantee of the refund requirements; (ii) the insurance company must satisfy certain financial criteria; and (iii) the depositor or principal underwriter must file as an exhibit to the issuer’s registration statement, a copy of the written undertaking, an annual statement that the insurance company 1 The information collection requirements for rule 27d–1 and Form N–27D–1 are covered in a separate Federal Register notice under OMB Control No. 3235–0560. 2 The rule sets forth minimum reserve amounts and guidelines for the management and disbursement of the assets in the account. Rule 27d–1(j) directs depositors and principal underwriters annually to make an accounting of their segregated trust accounts on Form N–27D–1, which is filed with the Commission. The form requires depositors and principal underwriters to report deposits to a segregated trust account, including those made pursuant to paragraphs (c) and (e) of the rule. Withdrawals pursuant to paragraph (f) of the rule also must be reported. In addition, the form solicits information regarding the minimum amount required to be maintained under paragraphs (d) and (e) of rule 27d–1. PO 00000 Frm 00097 Fmt 4703 Sfmt 4703 9369 has met the requisite financial criteria on a monthly basis, and an annual audited balance sheet. Rules 27d–1 and 27d–2, which were explicitly authorized by statute, provide assurance that depositors and principal underwriters of issuers have access to sufficient cash to meet the demands of certificate holders who reconsider their decisions to invest in a periodic payment plan. The information collection requirements in rules 27d–1 and 27d–2 enable the Commission to monitor compliance with reserve rules. Only one registered investment company has issued a new periodic payment plan certificate within the past 18 months, and the principal underwriter or depositor for this sole issuer relies on the exemption in rule 27d–2. The respondent makes approximately three responses per year.3 The insurance company provides the written undertaking, annual statement, and certified balance sheet at no cost to the respondent. The staff estimates that the respondent spends approximately one hour per year filing the required documents from the insurance company on EDGAR. Thus, we estimate that the annual burden is approximately 1 hour. The staff believes that rule 27d–2 does not impose any cost burdens other than those arising from the hour burdens discussed above. The estimates of average burden hours and costs are made solely for the purposes of the Paperwork Reduction Act, and are not derived from a comprehensive or even a representative survey or study of the costs of Commission rules and forms.4 Complying with the collection of information requirements of rule 27d–2 is mandatory for depositors or principal underwriters of issuers of periodic payment plans who rely on the rule for an exemption from complying with rule 27d–1 and filing Form N–27D–1 (17 CFR 274.127d–1). The information provided pursuant to rule 27d–2 is public and, therefore, 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 OMB control number. 3 The three responses are: (i) obtaining and filing the written undertaking or an amendment to the undertaking, (ii) filing the insurance company’s annual statement that the financial conditions were satisfied, and (iii) filing the insurance company’s certified balance sheet. 4 These estimates are based on telephone interviews between the Commission staff and representatives of depositors or principal underwriters of periodic payment plan issuers. E:\FR\FM\20FEN1.SGM 20FEN1

Agencies

SECURITIES AND EXCHANGE COMMISSION

[Federal Register Volume 73, Number 34 (Wednesday, February 20, 2008)]
[Notices]
[Pages 9368-9369]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-3041]


=======================================================================
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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:
    Rule 163; OMB Control No. 3235-0619; SEC File No. 270-556.
    Rule 173; OMB Control No. 3235-0618; SEC File No. 270-557.
    Rule 433; OMB Control No. 3235-0617; SEC File No. 270-558.

    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 these requests for extension of the previously approved 
collections of information discussed below.
    Rule 163 (17 CFR 230.163) provides an exemption from Section 5(c) 
(15 U.S.C. 77e(c)) under the Securities Act of 1933 (15 U.S.C. 77a et 
seq.) for certain communications by or on behalf of a well-known 
seasoned issuer. The information filed under Rule 163 is publicly 
available. We estimate that it takes approximately .24 burden hours per 
response to provide the information required under Rule 163 and that 
the information is filed by 53 respondents for a total annual reporting 
burden of approximately 13 hours. We estimate that 25% of .24 hours per 
response (.06 hours) is prepared by the company for a total annual 
burden of approximately 3 hours (.06 hours per response x 53 
responses).
    Rule 173 (17 CFR 230.173) provides a notice of registration to 
investors who purchased securities in a registered offering under the 
Securities Act of 1933 (15 U.S.C. 77a et seq.). The Rule 173 notice 
must be provided by each underwriter or dealer to each purchaser of 
securities. We estimate that it takes approximately .01 hour per 
response to provide the information required under Rule 173 and that 
the information is filed by 5,338 companies approximately 43,546 times 
a year for a total of

[[Page 9369]]

approximately 232,448,548 responses. We estimate that the total annual 
reporting burden for Rule 173 is approximately 2,324,485 hours (.01 
hours per response x 232,448,548 responses).
    Rule 433 (17 CFR 230.433) governs the use and filing of free 
writing prospectuses under the Securities Act of 1933 (15 U.S.C. 77a et 
seq.). The purpose of Rule 433 is to reduce restrictions on 
communications that companies can make to investors during a registered 
offering, while still maintaining a high level of investor protection. 
A free writing prospectus meeting the conditions of Rule 433(d)(1) must 
be filed with the Commission and is publicly available. We estimate 
that it takes approximately 1.3 burden hours per response to prepare a 
free writing prospectus and that the information is filed by 2,906 
companies approximately 1.25 times a year for a total of approximately 
3,633 responses. We estimate that 25% of the 1.3 burden hours per 
response (.32 hours) is prepared by the company for total annual 
reporting burden of approximately 1,163 hours (.32 hours x 3,633 
responses).
    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 person: (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, 
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: February 12, 2008.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E8-3041 Filed 2-19-08; 8:45 am]
BILLING CODE 8011-01-P

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