Proposed Extension of Existing Collection; Comment Request, 38472-38473 [E8-15199]
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38472
Federal Register / Vol. 73, No. 130 / Monday, July 7, 2008 / Notices
Upon receipt of the required notice,
OPIC will prepare an agenda for the
hearing identifying speakers, setting
forth the subject on which each
participant will speak, and the time
allotted for each presentation. The
agenda will be available at the hearing.
A written summary of the hearing will
be compiled, and such summary will be
made available, upon written request to
OPIC’s Corporate Secretary, at the cost
of reproduction.
FOR FURTHER INFORMATION CONTACT:
Information on the hearing may be
obtained from Connie M. Downs at (202)
336–8438, via facsimile at (202) 218–
0136, or via e-mail at
Connie.Downs@opic.gov.
Dated: July 2, 2008.
Connie M. Downs,
OPIC Corporate Secretary.
[FR Doc. 08–1417 Filed 7–2–08; 12:21 pm]
BILLING CODE 3210–01–P
Submission for OMB Review;
Comment Request for Review of a
Revised Information Collection: OPM
Form 1644; Child Care Provider
Information for the Child Care Subsidy
Program for Federal Employees: OMB
No. 3206–0240
Office of Personnel
Management.
ACTION: Notice.
AGENCY:
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BILLING CODE 6325–39–P
POSTAL REGULATORY COMMISSION
[Docket No. PI–2008–3]
Universal Postal Service Obligation
Postal Regulatory Commission.
Notice of public hearing.
AGENCY:
ACTION:
In accordance with the
Paperwork Reduction Act of 1995 (Pub.
L. 104–13, May 22, 1995), this notice
announces the Office of Personnel
Management (OPM) has submitted to
the Office of Management and Budget
(OMB) a request for review of a revised
information collection for the OPM
Form 1644. Approval for the OPM Form
1644, Child Care Provider Information
for the Child Care Subsidy Program for
Federal Employees, is used to verify that
child care providers are licensed or
regulated by local or State authorities, as
appropriate. Section 630 of Public Law
107–67, which was enacted on
November 12, 2001, permits Federal
agencies to use appropriated funds to
help their lower income employees with
their costs for child care provided by a
contractor licensed or regulated by local
or State authorities, as appropriate.
Therefore, agencies need to verify that
child care providers to whom they make
disbursements in the form of child care
subsidies meet the statutory
requirement.
Approximately 3500 OPM 1644 forms
will be completed annually. We
SUMMARY:
17:39 Jul 03, 2008
Comments on this proposal
should be received within 30 calendar
days from the date of this publication.
ADDRESSES: Send or deliver comments
to: Marie L’Etoile, Group Manager,
Work/Life Group, U.S. Office of
Personnel Management, 1900 E Street,
NW., Room 7315, Washington, DC
20415; and Brenda Aguilar, OPM Desk
Officer, Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, NW., Room
10235, Washington, DC 20503.
DATES:
Office of Personnel Management.
Howard C. Weizmann,
Deputy Director.
[FR Doc. E8–15244 Filed 7–3–08; 8:45 am]
OFFICE OF PERSONNEL
MANAGEMENT
VerDate Aug<31>2005
estimate it will take 10 minutes to
complete the OPM Form 1644. The
annual estimated burden is 333.3 hours.
For copies of this proposal, contact
Mary Beth Smith-Toomey on (202) 606–
8358, FAX (202) 418–3251 or e-mail to
mbtoomey@opm.gov. Please be sure to
include a mailing address with your
request.
Jkt 214001
SUMMARY: A public hearing has been
scheduled to receive additional
testimony on the universal postal
service obligation. Receipt of this
testimony will assist the Commission in
developing a formal report due later this
year.
DATES: July 10, 2008.
ADDRESSES: The hearing will be held in
the Commission’s hearing room at 901
New York Avenue, NW., Suite 200,
Washington, DC 20268–0001.
FOR FURTHER INFORMATION CONTACT: Ann
C. Fisher, Postal Regulatory
Commission, at 202–789–6803 or
ann.fisher@prc.gov.
In Order
No. 71, the Postal Regulatory
Commission (Commission) established a
docket to address its responsibility,
under section 702 of the Postal
Accountability and Enhancement Act,
Public Law 109–435, to submit a report
to the President and the Congress on
‘‘universal postal service and the postal
monopoly in the United States * * *
including the monopoly on the delivery
of mail and on access to mailboxes.’’ In
SUPPLEMENTARY INFORMATION:
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support of this obligation, the
Commission has undertaken a public
outreach effort, including regional field
hearings and a public workshop in
Washington, DC. The Commission has
decided to add a public hearing on
Thursday, July 10, 2008, from 10 a.m. to
12 p.m. in the Commission’s main
hearing room. For information on the
witness list, please consult the
Commission’s Web site, https://
www.prc.gov.
Steven W. Williams,
Secretary.
[FR Doc. E8–15286 Filed 7–3–08; 8:45 am]
BILLING CODE 7710–FW–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Extension of Existing
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 17a–10, OMB Control No. 3235–0122,
SEC File No. 270–154.
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 existing collection of information
provided for in the following rule: Rule
17a–10—Report on revenue and
expenses (17 CFR 240.17a–10) under the
Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) (‘‘Exchange Act’’).
The Commission plans to submit this
existing collection of information to the
Office of Management and Budget
(‘‘OMB’’) for extension and approval.
Paragraph (a)(1) of Rule 17a–10
generally requires brokers and dealers
that are exempted from the requirement
to file monthly and quarterly reports
pursuant to paragraph (a) of Exchange
Act Rule 17a–5 (17 CFR 240.17a–5) to
file with the Commission the Facing
Page, a Statement of Income (Loss), and
balance sheet from Part IIA of Form X–
17A–5 1 (17 CFR 249.617), and Schedule
I of Form X–17A–5 not later than 17
business days after the end of each
calendar year.
Paragraph (a)(2) of Rule 17a–10
requires a broker or dealer subject to
Rule 17a–5(a) to submit Schedule I of
1 Form X–17A–5 is the Financial and Operational
Combined Uniform Single Report (‘‘FOCUS
Report’’), which is used by brokers and dealers to
provide certain required information to the
Commission.
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Federal Register / Vol. 73, No. 130 / Monday, July 7, 2008 / Notices
Form X–17A–5 with its Form X–17A–5
for the calendar quarter ending
December 31 of each year.
Paragraph (b) of Rule 17a–10 provides
that the provisions of paragraph (a) do
not apply to members of national
securities exchanges or registered
national securities associations that
maintain records containing the
information required by Form X–17A–5
and which transmit to the Commission
copies of the records pursuant to a plan
which has been declared effective by the
Commission.
The primary purpose of Rule 17a–10
is to obtain the economic and statistical
data necessary for an ongoing analysis
of the securities industry.
As originally adopted in 1968, Rule
17a–10 required brokers and dealers to
provide their revenue and expense data
on a special form. The Rule was
amended in 1977 to eliminate the form.
The data previously reported on the
form is now reported using Form X–
17A–5 and its supplementary schedules.
The Commission estimates that
approximately 500 broker-dealers will
spend an average of approximately 12
hours per year complying with Rule
17a–10. Thus, the total compliance
burden is estimated to be approximately
6,000 burden-hours per year.
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,
VA 22312 or send an e-mail to:
PRA_Mailbox@sec.gov.
Dated: June 26, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–15199 Filed 7–3–08; 8:45 am]
BILLING CODE 8010–01–P
VerDate Aug<31>2005
17:39 Jul 03, 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 17f–5, SEC File No. 270–259,
OMB Control No. 3235–0269.
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501–3520), the Securities
and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit the existing collection
of information to the Office of
Management and Budget for extension
and approval.
Rule 17f–5 under the Investment
Company Act of 1940 (15 U.S.C. 80a)
(‘‘Investment Company Act’’ or ‘‘Act’’)
governs the custody of the assets of
registered management investment
companies (‘‘funds’’) with custodians
outside the United States.1 Under Rule
17f–5, the fund’s board of directors must
find that it is reasonable to rely on each
delegate it selects to act as the fund’s
foreign custody manager. The delegate
must agree to provide written reports
that notify the board when the fund’s
assets are placed with a foreign
custodian and when any material
change occurs in the fund’s custody
arrangements. The delegate must agree
to exercise reasonable care, prudence,
and diligence, or to adhere to a higher
standard of care. When the foreign
custody manager selects an eligible
foreign custodian, it must determine
that the fund’s assets will be subject to
reasonable care if maintained with that
custodian, and that the written contract
that governs each custody arrangement
will provide reasonable care for fund
assets. The contract must contain
certain specified provisions or others
that provide at least equivalent care.
The foreign custody manager must
establish a system to monitor the
contract and the appropriateness of
continuing to maintain assets with the
eligible foreign custodian.
The collection of information
requirements in rule 17f–5 are intended
to provide protection for fund assets
maintained with a foreign bank
custodian whose use is not authorized
1 17 CFR 270.17f–5. All references to rules 17f–
5, 17f–7, 17d–1, or 19b–1 in this notice are to 17
CFR 270.17f–5, 17 CFR 270.17f–7, 17 CFR 270.17d–
1, and 17 CFR 270.19b–1, respectively.
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38473
by statutory provisions that govern fund
custody arrangements,2 and that is not
subject to regulation and examination
by U.S. regulators. The requirement that
the fund board determine that it is
reasonable to rely on each delegate is
intended to ensure that the board
carefully considers each delegate’s
qualifications to perform its
responsibilities. The requirement that
the delegate provide written reports to
the board is intended to ensure that the
delegate notifies the board of important
developments concerning custody
arrangements so that the board may
exercise effective oversight. The
requirement that the delegate agree to
exercise reasonable care is intended to
provide assurances to the fund that the
delegate will properly perform its
duties.
The requirements that the foreign
custody manager determine that fund
assets will be subject to reasonable care
with the eligible foreign custodian and
under the custody contract, and that
each contract contain specified
provisions or equivalent provisions, are
intended to ensure that the delegate has
evaluated the level of care provided by
the custodian, that it weighs the
adequacy of contractual provisions, and
that fund assets are protected by
minimal contractual safeguards. The
requirement that the foreign custody
manager establish a monitoring system
is intended to ensure that the manager
periodically reviews each custody
arrangement and takes appropriate
action if developing custody risks may
threaten fund assets.
The Commission’s staff estimates that
each year, approximately 159
registrants 3 could be required to make
an average of one response per registrant
under rule 17f–5, requiring
approximately 2 hours of board of
director time per response, to make the
necessary findings concerning foreign
custody managers. The total annual
burden associated with these
requirements of the rule would be up to
approximately 318 hours (159
registrants × 2 hours per registrant). The
staff further estimates that during each
year, approximately 15 global
custodians 4 would be required to make
an average of 4 responses per custodian
concerning the use of foreign custodians
other than depositories. The staff
2 See section 17(f) of the Investment Company Act
(15 U.S.C. 80a–17(f)).
3 This figure is an estimate of the number of new
funds each year, based on data reported by funds
in 2007 on Form N–1A and Form N–2 (17 CFR
274.101). In practice, not all funds will use foreign
custody managers, and the actual figure may be
smaller.
4 This estimate is based on staff research.
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Agencies
[Federal Register Volume 73, Number 130 (Monday, July 7, 2008)]
[Notices]
[Pages 38472-38473]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-15199]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Extension of Existing 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 17a-10, OMB Control No. 3235-0122, SEC File No. 270-154.
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 existing collection of
information provided for in the following rule: Rule 17a-10--Report on
revenue and expenses (17 CFR 240.17a-10) under the Securities Exchange
Act of 1934 (15 U.S.C. 78a et seq.) (``Exchange Act''). The Commission
plans to submit this existing collection of information to the Office
of Management and Budget (``OMB'') for extension and approval.
Paragraph (a)(1) of Rule 17a-10 generally requires brokers and
dealers that are exempted from the requirement to file monthly and
quarterly reports pursuant to paragraph (a) of Exchange Act Rule 17a-5
(17 CFR 240.17a-5) to file with the Commission the Facing Page, a
Statement of Income (Loss), and balance sheet from Part IIA of Form X-
17A-5 \1\ (17 CFR 249.617), and Schedule I of Form X-17A-5 not later
than 17 business days after the end of each calendar year.
---------------------------------------------------------------------------
\1\ Form X-17A-5 is the Financial and Operational Combined
Uniform Single Report (``FOCUS Report''), which is used by brokers
and dealers to provide certain required information to the
Commission.
---------------------------------------------------------------------------
Paragraph (a)(2) of Rule 17a-10 requires a broker or dealer subject
to Rule 17a-5(a) to submit Schedule I of
[[Page 38473]]
Form X-17A-5 with its Form X-17A-5 for the calendar quarter ending
December 31 of each year.
Paragraph (b) of Rule 17a-10 provides that the provisions of
paragraph (a) do not apply to members of national securities exchanges
or registered national securities associations that maintain records
containing the information required by Form X-17A-5 and which transmit
to the Commission copies of the records pursuant to a plan which has
been declared effective by the Commission.
The primary purpose of Rule 17a-10 is to obtain the economic and
statistical data necessary for an ongoing analysis of the securities
industry.
As originally adopted in 1968, Rule 17a-10 required brokers and
dealers to provide their revenue and expense data on a special form.
The Rule was amended in 1977 to eliminate the form. The data previously
reported on the form is now reported using Form X-17A-5 and its
supplementary schedules.
The Commission estimates that approximately 500 broker-dealers will
spend an average of approximately 12 hours per year complying with Rule
17a-10. Thus, the total compliance burden is estimated to be
approximately 6,000 burden-hours per year.
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, VA 22312 or send an e-
mail to: PRA_Mailbox@sec.gov.
Dated: June 26, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8-15199 Filed 7-3-08; 8:45 am]
BILLING CODE 8010-01-P