Submission for OMB Review; Comment Request, 49224-49225 [E8-19231]
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49224
Federal Register / Vol. 73, No. 162 / Wednesday, August 20, 2008 / Notices
SUMMARY: Under the Paperwork
Reduction Act of 1995 (Pub. L. 104–13,
May 22, 1995), the U.S. Office of
Personnel Management (OPM) has
submitted to the Office of Management
and Budget a request for extension of
three previously-approved information
collection forms for which approval will
soon expire. The Establishment
Information Form, the Wage Data
Collection Form, and the Wage Data
Collection Continuation Form are wage
survey forms developed by OPM for use
by the Department of Defense (DOD) to
establish prevailing wage rates for
Federal Wage System employees.
DOD contacts approximately 21,200
businesses annually to determine the
level of wages paid by private enterprise
establishments for representative jobs
common to both private industry and
the Federal Government. Each survey
collection requires 1–4 hours of
respondent burden, resulting in a total
yearly burden of approximately 75,800
hours.
For copies of this proposal, contact
Margaret A. Miller on (202) 606–2699,
fax (202) 418–3251, or e-mail
mamiller@opm.gov. Please include a
mailing address with your request.
Submit comments on or before
September 19, 2008.
DATES:
ADDRESSES:
Send or deliver comments
to:
• Charles D. Grimes III, Deputy
Associate Director for Performance and
Pay Systems, Strategic Human
Resources Policy Division, U.S. Office of
Personnel Management, Room 7H31,
1900 E Street, NW., Washington, DC
20415–8200; e-mail pay-performancepolicy@opm.gov; or FAX: (202) 606–
4264.
• 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.
FOR FURTHER INFORMATION CONTACT:
Madeline Gonzalez, (202) 606–2838; fax
(202) 606–4264; or e-mail payperformance-policy@opm.gov.
OPM
published notice of its intention to
request an extension of the information
collection wage survey forms in the
Federal Register on May 2, 2008 (73 FR
24322). OPM received no comments.
dwashington3 on PRODPC61 with NOTICES
SUPPLEMENTARY INFORMATION:
U.S. Office of Personnel Management.
Howard Weizmann,
Deputy Director.
[FR Doc. E8–19193 Filed 8–19–08; 8:45 am]
BILLING CODE 6325–39–P
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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.
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’’) has submitted 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 the
following rule: 17 CFR 240.15b6–1.
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 brokerdealers 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
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.
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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. Rule 15b6–1 does not
have a retention of records requirement.
Comments should be directed to (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 by
sending an e-mail to:
Alexander_T._Hunt@omb.eop.gov; and
(ii) Lewis W. Walker, Acting CIO/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 within 30 days of
this notice.
Dated: August 13, 2008,
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–19230 Filed 8–19–08; 8:45 am]
BILLING CODE 8010–01–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 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’’) has submitted to the
Office of Management and Budget a
request for extension of the previously
approved collection of information
discussed below. The Code of Federal
Regulations citation to this collection of
information is the following: 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
E:\FR\FM\20AUN1.SGM
20AUN1
Federal Register / Vol. 73, No. 162 / Wednesday, August 20, 2008 / Notices
dwashington3 on PRODPC61 with NOTICES
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 (15 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).
Although Rule 15c2–5 does not
specify a retention period or record
keeping requirement under the Rule,
nevertheless broker-dealers are required
to preserve the records for a period no
less than six years pursuant to Rule
17a–4(c). The information required
under Rule 15c2–5 is necessary for
broker-dealers to engage in the lending
activities prescribed in the Rule. Rule
15c2–5 does not assure confidentiality
for the information retained under the
Rule.1 Please note that 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
1 The records required by Rule 15c2–5 would be
available only to the examination of the
Commission staff, state securities authorities and
the SROs. Subject to the provisions of the Freedom
of Information Act, 5 U.S.C. 522, and the
Commission’s rules thereunder (17 CFR
200.80(b)(4)(iii)), the Commission does not
generally publish or make available information
contained in any reports, summaries, analyses,
letters, or memoranda arising out of, in anticipation
of, or in connection with an examination or
inspection of the books and records of any person
or any other investigation.
VerDate Aug<31>2005
15:36 Aug 19, 2008
Jkt 214001
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 by sending an
e-mail to Alexander_
T._Hunt@omb.eop.gov; and (ii) Lewis
W. Walker, Acting 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: August 13, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–19231 Filed 8–19–08; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–58358; File No. SR–CTA/
CQ–2008–02]
Consolidated Tape Association; Notice
of Filing of the Twelfth Substantive
Amendment to the Second
Restatement of the Consolidated Tape
Association Plan and Eighth
Substantive Amendment to the
Consolidated Quotation Plan
August 13, 2008.
Pursuant to Section 11A of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 608 thereunder,2
notice is hereby given that on June 19,
2008, the Consolidated Tape
Association (‘‘CTA’’) Plan and
Consolidated Quotation (‘‘CQ’’) Plan
participants (‘‘Participants’’) 3 filed with
the Securities and Exchange
Commission (‘‘Commission’’) a proposal
to amend the CTA and CQ Plans
(collectively, the ‘‘Plans’’).4 The
1 15
U.S.C. 78k–1.
CFR 242.608.
3 Each Participant executed the proposed
amendment. The Participants are the American
Stock Exchange LLC; Boston Stock Exchange, Inc.;
Chicago Board Options Exchange, Incorporated;
Chicago Stock Exchange, Inc.; Financial Industry
Regulatory Authority, Inc., International Securities
Exchange, LLC; The NASDAQ Stock Market LLC
(‘‘NASDAQ’’); National Stock Exchange, Inc.; New
York Stock Exchange LLC; NYSE Arca, Inc.; and
Philadelphia Stock Exchange, Inc.
4 See Securities Exchange Act Release Nos. 10787
(May 10, 1974), 39 FR 17799 (order approving CTA
Plan); 15009 (July 28, 1978), 43 FR 34851 (August
7, 1978) (order temporarily approving CQ Plan); and
16518 (January 22, 1980), 45 FR 6521 (order
permanently approving CQ Plan). The most recent
restatement of both Plans was in 1995. The CTA
Plan, pursuant to which markets collect and
disseminate last sale price information for nonNASDAQ listed securities, is a ‘‘transaction
2 17
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49225
proposals represent the twelfth
substantive amendment made to the
Second Restatement of the CTA Plan
(‘‘Twelfth Amendment to the CTA
Plan’’) and the eighth substantive
amendment to the Restated CQ Plan
(‘‘Eighth Amendment to the CQ Plan’’),
and reflect changes unanimously
adopted by the participants. The
Twelfth Amendment to the CTA Plan
and the Eighth Amendment to the CQ
Plan (‘‘Amendments’’) would amend the
Plans to: (1) Permit ministerial
amendments to the Plans to be
submitted to the Commission under the
signature of the Chairman of CTA and
the CQ Plan Operating Committee,
rather than by means of each
Participant’s execution of a Plan
amendment, as Section IV(b) of the CTA
Plan and IV(c) of the CQ Plan currently
require for most amendments to the
Plans; (2) to accommodate recent
changes to the names and addresses of
certain Participants; and (3) to change
the Plans’ references to Commission
rules to reflect the re-designation of
rules by Regulation NMS.5 The
Commission is publishing this notice to
solicit comments from interested
persons on the proposed Amendments.
I. Rule 608(a)
A. Description and Purpose of the
Amendment
Currently, both Plans require each
Participant to execute most amendments
to the Plans before the amendments can
be filed with the Commission. The
Participants believe that this can result
in delays and unwarranted
administrative functioning in the
context of certain amendments that are
of a purely ministerial nature. For that
reason, the Participants propose to
amend the Plans to permit the
submission of Plan amendments to the
Commission under the signature of the
Chairman of CTA and the CQ Plan
Operating Committee, in lieu of
requiring each Participants’ signature
indicating that it has executed the
Amendment as required by Section
IV(b) of the CTA Plan and Section IV(c)
of CQ Plan.
The categories of ministerial Plan
amendments that the Participants may
submit under the signature of the
Chairman include amendments to the
reporting plan’’ under Rule 601 under the Act, 17
CFR 242.601, and a ‘‘national market system plan’’
under Rule 608 under the Act, 17 CFR 242.608. The
CQ Plan, pursuant to which markets collect and
disseminate bid/ask quotation information for listed
securities, is also a ‘‘national market system plan’’
under Rule 608 under the Act, 17 CFR 242.608.
5 See Securities Exchange Act Release No. 51808
(June 9, 2005), 70 FR 37496 (June 29, 2005).
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Agencies
[Federal Register Volume 73, Number 162 (Wednesday, August 20, 2008)]
[Notices]
[Pages 49224-49225]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-19231]
-----------------------------------------------------------------------
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 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'') has submitted to the Office of Management
and Budget a request for extension of the previously approved
collection of information discussed below. The Code of Federal
Regulations citation to this collection of information is the
following: 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
[[Page 49225]]
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 broker-dealer'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 (15 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 broker-dealers
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).
Although Rule 15c2-5 does not specify a retention period or record
keeping requirement under the Rule, nevertheless broker-dealers are
required to preserve the records for a period no less than six years
pursuant to Rule 17a-4(c). The information required under Rule 15c2-5
is necessary for broker-dealers to engage in the lending activities
prescribed in the Rule. Rule 15c2-5 does not assure confidentiality for
the information retained under the Rule.\1\ Please note that 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.
---------------------------------------------------------------------------
\1\ The records required by Rule 15c2-5 would be available only
to the examination of the Commission staff, state securities
authorities and the SROs. Subject to the provisions of the Freedom
of Information Act, 5 U.S.C. 522, and the Commission's rules
thereunder (17 CFR 200.80(b)(4)(iii)), the Commission does not
generally publish or make available information contained in any
reports, summaries, analyses, letters, or memoranda arising out of,
in anticipation of, or in connection with an examination or
inspection of the books and records of any person or any other
investigation.
---------------------------------------------------------------------------
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 by sending an e-mail to Alexander_
T._Hunt@omb.eop.gov; and (ii) Lewis W. Walker, Acting 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: August 13, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8-19231 Filed 8-19-08; 8:45 am]
BILLING CODE 8010-01-P