Submission for OMB Review; Comment Request, 53457 [E8-21532]
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Federal Register / Vol. 73, No. 180 / Tuesday, September 16, 2008 / Notices
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 by sending an
e-mail to:
Kimberly_P._Nelson@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, Virginia 22312; or by
sending an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
Dated: September 8, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–21531 Filed 9–15–08; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213
Extension:
Rule 17f–2(d), SEC File No. 270–36, OMB
Control No. 3235–0028
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 approval of extension of the
previously approved collection of
information discussed below.
ebenthall on PROD1PC60 with NOTICES
• Rule 17f–2(d) (17 CFR 240.17f–2(d))
Rule 17f–2(d) was adopted on March
16, 1976, and was last amended on
November 18, 1982. Paragraph (d) of the
rule (i) requires that records produced
pursuant to the fingerprinting
requirements of Section 17(f)(2) of the
Securities Exchange Act of 1934
(‘‘Exchange Act’’) be maintained, (ii)
permits the designated examining
authorities of broker-dealers or members
of exchanges, under certain
VerDate Aug<31>2005
13:43 Sep 15, 2008
Jkt 214001
circumstances, to store and maintain
records required to be kept by this rule,
and (iii) permits the required records to
be maintained on microfilm.
The general purpose of Rule 17f–2 is:
(i) To identify security risk personnel;
(ii) to provide criminal record
information so that employers can make
fully informed employment decisions;
and (iii) to deter persons with criminal
records from seeking employment or
association with covered entities.
Retention of fingerprint records, as
required under paragraph (d) of the
Rule, enables the Commission or other
examining authority to ascertain
whether all required persons are being
fingerprinted and whether proper
procedures regarding fingerprint are
being followed. Retention of these
records for the term of employment of
all personnel plus three years ensures
that law enforcement officials will have
easy access to fingerprint cards on
timely basis. This in turn acts as an
effective deterrent to employee
misconduct.
Approximately 5,984 respondents are
subject to the recordkeeping
requirements of the rule. Each
respondent keeps approximately 62 new
records per year, which takes
approximately 2 minutes per record for
the respondent to maintain, for an
annual burden of approximately 2 hours
per respondent or a total annual burden
of approximately 11,968 hours on all
respondents, collectively. All records
subject to the rule must be retained for
the term of employment plus 3 years.
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 by
sending an e-mail to:
Kimberly_P._Nelson@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, Virginia 22312; or by
sending an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
PO 00000
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Fmt 4703
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53457
Dated: September 8, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–21532 Filed 9–15–08; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: 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’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for extension of the
previously approved collection of
information discussed below.
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
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.
E:\FR\FM\16SEN1.SGM
16SEN1
]]>Agencies
[Federal Register Volume 73, Number 180 (Tuesday, September 16, 2008)]
[Notices]
[Page 53457]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-21532]
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SECURITIES AND EXCHANGE COMMISSION
Submission 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
Extension:
Rule 17f-2(d), SEC File No. 270-36, OMB Control No. 3235-0028
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 approval of extension of the previously
approved collection of information discussed below.
Rule 17f-2(d) (17 CFR 240.17f-2(d))
Rule 17f-2(d) was adopted on March 16, 1976, and was last amended
on November 18, 1982. Paragraph (d) of the rule (i) requires that
records produced pursuant to the fingerprinting requirements of Section
17(f)(2) of the Securities Exchange Act of 1934 (``Exchange Act'') be
maintained, (ii) permits the designated examining authorities of
broker-dealers or members of exchanges, under certain circumstances, to
store and maintain records required to be kept by this rule, and (iii)
permits the required records to be maintained on microfilm.
The general purpose of Rule 17f-2 is: (i) To identify security risk
personnel; (ii) to provide criminal record information so that
employers can make fully informed employment decisions; and (iii) to
deter persons with criminal records from seeking employment or
association with covered entities.
Retention of fingerprint records, as required under paragraph (d)
of the Rule, enables the Commission or other examining authority to
ascertain whether all required persons are being fingerprinted and
whether proper procedures regarding fingerprint are being followed.
Retention of these records for the term of employment of all personnel
plus three years ensures that law enforcement officials will have easy
access to fingerprint cards on timely basis. This in turn acts as an
effective deterrent to employee misconduct.
Approximately 5,984 respondents are subject to the recordkeeping
requirements of the rule. Each respondent keeps approximately 62 new
records per year, which takes approximately 2 minutes per record for
the respondent to maintain, for an annual burden of approximately 2
hours per respondent or a total annual burden of approximately 11,968
hours on all respondents, collectively. All records subject to the rule
must be retained for the term of employment plus 3 years.
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 by
sending an e-mail to: Kimberly_P._Nelson@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, Virginia 22312; or by sending an e-mail to: PRA_
Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of
this notice.
Dated: September 8, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8-21532 Filed 9-15-08; 8:45 am]
BILLING CODE 8010-01-P
