Proposed Collection; Comment Request, 31156 [E8-11981]
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31156
Federal Register / Vol. 73, No. 105 / Friday, May 30, 2008 / Notices
For the Nuclear Regulatory Commission.
Andrea D. Valentin,
Chief, Regulatory Guide Development Branch,
Division of Engineering, Office of Nuclear
Regulatory Research.
[FR Doc. E8–12083 Filed 5–29–08; 8:45 am]
BILLING CODE 7590–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: U.S. Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549
sroberts on PROD1PC70 with NOTICES
Rule 15b6–1 and Form BDW; OMB Control
No. 3235–0018; SEC File No. 270–17.
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’’) intends to submit to
the Office of Management and Budget a
request to revise the collection of
information discussed below. The Code
of Federal Regulations citation to this
collection of information is 17 CFR
240.15b6–1.
Registered broker-dealers use Form
BDW (17 CFR 249.501a) to withdraw
from registration with the Commission,
the self-regulatory organizations, and
the states. It is estimated that
approximately 737 broker-dealers
withdraw from registration annually
and, therefore, file a Form BDW via the
Internet with Web CRD, a computer
system operated by the Financial
Industry Regulatory Authority, Inc. that
maintains information regarding
registered broker-dealers and their
registered personnel. However, the
Commission estimates that
approximately 127 of these 737
withdrawing broker-dealers would
employ third-party filers to file Form
BDW. The broker-dealers that employ
third-parties would not incur an hour
burden and, therefore, do not incur a
reporting burden. As discussed below,
however, these broker-dealers would
incur a cost burden with respect to
Form BDW. Therefore, the 610 brokerdealers that withdraw from registration
by filing Form BDW themselves would
incur an aggregate annual reporting
burden of 152.5 hours (610 × 0.25
hours).
Broker-dealers that employ thirdparties to file Form BDW would not
incur a reporting burden, but would
incur a cost burden in filing Form BDW.
The Commission estimates that 127
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16:52 May 29, 2008
Jkt 214001
broker-dealers would employ thirdparties to file Form BDW. These brokerdealers would be billed by third-party
filers at an estimated average
compensation rate of $44.00 per hour.
Therefore, the total annual cost burden
to broker-dealers that employ thirdparty filers to file Form BDW would be
approximately $1,397 (i.e., 127 × 0.25
hours × $44 per hour) or $11 per
withdrawing broker-dealer.
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information shall have practical utility;
(b) the accuracy of the Commission’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.
Comments should be directed 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.
May 21, 2008.
Nancy M. Morris,
Secretary.
[FR Doc. E8–11981 Filed 5–29–08; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; 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 15c2–5, OMB Control No. 3235–0198,
SEC File No. 270–195
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
PO 00000
Frm 00105
Fmt 4703
Sfmt 4703
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval. The Code of Federal
Regulations citation to this collection of
information is the following rule: 17
CFR 240.15c2–5.
Rule 15c2–5 prohibits a broker-dealer
from arranging or extending certain
loans to persons in connection with the
offer or sale of securities unless, before
any element of the transaction is entered
into, the broker-dealer: (1) Delivers to
the person a written statement
containing the exact nature and extent
of the person’s obligations under the
loan arrangement; the risks and
disadvantages of the loan arrangement;
and all commissions, discounts, and
other remuneration received and to be
received in connection with the
transaction by the broker-dealer or
certain related persons (unless the
person receives certain materials from
the lender or broker-dealer which
contain the required information); and
(2) obtains from the person information
on the person’s financial situation and
needs, reasonably determines that the
transaction is suitable for the person,
and retains on file and makes available
to the person on request a written
statement setting forth the brokerdealer’s basis for determining that the
transaction was suitable. The collection
of information required by the Rule is
necessary to execute the Commission’s
mandate under the Securities Exchange
Act of 1934 (17 U.S.C. 78a et seq.)
(‘‘Exchange Act’’) to prevent fraudulent,
manipulative, and deceptive acts and
practices by broker-dealers.
The Commission estimates that there
are approximately 50 respondents that
require an aggregate total of 600 hours
to comply with the Rule. Each of these
approximately 50 registered brokerdealers makes an estimated 6 annual
responses, for an aggregate total of 300
responses per year. Each response takes
approximately 2 hours to complete.
Thus, the total compliance burden per
year is 600 burden hours. The
approximate cost per hour is $40.00 for
clerical labor, resulting in a total
compliance cost of $24,000 (600 hours
@ $40.00 per hour).
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 will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the collection of
information; (c) ways to enhance the
quality, utility, and clarity of the
information collected; and (d) ways to
minimize the burden of the collection of
E:\FR\FM\30MYN1.SGM
30MYN1
]]>Agencies
[Federal Register Volume 73, Number 105 (Friday, May 30, 2008)]
[Notices]
[Page 31156]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-11981]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request, Copies Available From: U.S. Securities and
Exchange Commission, Office of Investor Education and Advocacy,
Washington, DC 20549
Rule 15b6-1 and Form BDW; OMB Control No. 3235-0018; SEC File No.
270-17.
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'') intends to submit to the Office of Management and
Budget a request to revise the collection of information discussed
below. The Code of Federal Regulations citation to this collection of
information is 17 CFR 240.15b6-1.
Registered broker-dealers use Form BDW (17 CFR 249.501a) to
withdraw from registration with the Commission, the self-regulatory
organizations, and the states. It is estimated that approximately 737
broker-dealers withdraw from registration annually and, therefore, file
a Form BDW via the Internet with Web CRD, a computer system operated by
the Financial Industry Regulatory Authority, Inc. that maintains
information regarding registered broker-dealers and their registered
personnel. However, the Commission estimates that approximately 127 of
these 737 withdrawing broker-dealers would employ third-party filers to
file Form BDW. The broker-dealers that employ third-parties would not
incur an hour burden and, therefore, do not incur a reporting burden.
As discussed below, however, these broker-dealers would incur a cost
burden with respect to Form BDW. Therefore, the 610 broker-dealers that
withdraw from registration by filing Form BDW themselves would incur an
aggregate annual reporting burden of 152.5 hours (610 x 0.25 hours).
Broker-dealers that employ third-parties to file Form BDW would not
incur a reporting burden, but would incur a cost burden in filing Form
BDW. The Commission estimates that 127 broker-dealers would employ
third-parties to file Form BDW. These broker-dealers would be billed by
third-party filers at an estimated average compensation rate of $44.00
per hour. Therefore, the total annual cost burden to broker-dealers
that employ third-party filers to file Form BDW would be approximately
$1,397 (i.e., 127 x 0.25 hours x $44 per hour) or $11 per withdrawing
broker-dealer.
Written comments are invited on: (a) Whether the proposed
collection of information is necessary for the proper performance of
the functions of the Commission, including whether the information
shall have practical utility; (b) the accuracy of the Commission'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.
Comments should be directed 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.
May 21, 2008.
Nancy M. Morris,
Secretary.
[FR Doc. E8-11981 Filed 5-29-08; 8:45 am]
BILLING CODE 8010-01-P
