Submission for OMB Review; Comment Request, 67899 [E8-27237]
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Federal Register / Vol. 73, No. 222 / Monday, November 17, 2008 / Notices
will be held on Tuesday, December 9,
2008, at 6:30 p.m., at the Palace of Fine
Arts Theatre, 3301 Lyon Street, San
Francisco, California.
Individuals requiring special
accommodation at the public meeting,
such as needing a sign language
interpreter, should contact Mollie
Matull at 415.561.5300 prior to
December 2, 2008.
The public meeting will begin at 6:30
p.m. on Tuesday, December 9, 2008.
Written comments must be received by
December 15, 2008.
The public meeting will be held at the
Palace of Fine Arts Theatre, 3301 Lyon
Street, San Francisco, California.
Written comments should be submitted
to Main Post, Attn: Compliance
Coordinator, The Presidio Trust, 34
Graham Street, P.O. Box 29052, San
Francisco, CA 94129–0052. Electronic
comments can be sent to
Mainpost@Presidiotrust.gov. Please be
aware that all comments and
information submitted will be made
available to the public, including,
without limitation, any postal address,
e-mail address, phone number or other
information contained in each
submission.
FOR FURTHER INFORMATION CONTACT:
John
Pelka, 415.561.4183.
Dated: November 10, 2008.
Karen A. Cook,
General Counsel.
[FR Doc. E8–27158 Filed 11–14–08; 8:45 am]
BILLING CODE 4310–4R–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.
jlentini on PROD1PC65 with NOTICES
Extension:
Rule 10b–17; OMB Control No. 3235–0476;
SEC File No. 270–427.
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
existing collection of information
provided for in the following rule: Rule
10b–17 (17 CFR 240.10b–17).
Rule 10b–17 requires any issuer of a
class of securities publicly traded by the
use of any means or instrumentality of
VerDate Aug<31>2005
18:18 Nov 14, 2008
Jkt 217001
interstate commerce or of the mails or
of any facility of any national securities
exchange to give notice of the following
specific distributions relating to such
class of securities: (1) A dividend or
other distribution in cash or in kind
other than interest payments on debt
securities; (2) a stock split or reverse
stock split; or (3) a rights or other
subscription offering. Notice shall be
either given to the Financial Industry
Regulatory Authority, Inc. as successor
to the National Association of Securities
Dealers, Inc. or in accordance with the
procedures of the national securities
exchange upon which the securities are
registered. The Commission may
exempt an issuer of over-the-counter
(but not listed) securities from the
notice requirement. The requirements of
10b–17 do not apply to redeemable
securities of registered open-end
investment companies or unit
investment trusts.
The information required by Rule
10b–17 is necessary for the execution of
the Commission’s mandate under the
Securities Exchange Act of 1934 to
prevent fraudulent, manipulative, and
deceptive acts and practices. The
Commission has found that not
requiring formal notices of the types of
distributions covered by Rule 10b–17
has led to a number of abuses including
purchasers not being aware of their
rights to such distributions. It is only
through formal notice of the
distribution, including the date of the
distribution, that current holders,
potential buyers, or potential sellers of
the securities at issue will know their
rights to the distribution. Therefore, it is
only through formal notice that
investors can make an informed
decision as to whether to buy or sell a
security.
There are approximately 4,052
respondents per year. These
respondents make approximately 17,262
responses per year. Each response takes
approximately 10 minutes to complete.
Thus, the total compliance burden per
year is 2,877 burden hours.
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.
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:
nfraser@omb.eop.gov; and (ii) Lewis W.
Walker, Acting Director/Chief
Information Officer, Securities and
PO 00000
Frm 00065
Fmt 4703
Sfmt 4703
67899
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: November 10, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–27237 Filed 11–14–08; 8:45 am]
BILLING CODE 8011–01–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 17a–5(c); OMB Control No. 3235–
0199; SEC File No. 270–199.
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
existing collection of information
provided for in the following rule: Rule
17a–5(c) (17 CFR 240.17a–5(c)) under
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) (‘‘Exchange Act’’).
Rule 17a–5(c) generally requires
broker-dealers who carry customer
accounts to provide statements of the
broker-dealer’s financial condition to
their customers. Paragraph (5) of Rule
17a–5(c) provides a conditional
exemption from this requirement. A
broker-dealer that elects to take
advantage of the exemption must
publish its statements on its Web site in
a prescribed manner, and must maintain
a toll-free number that customers can
call to request a copy of the statements.
The purpose of the Rule is to ensure
that customers of broker-dealers are
provided with information concerning
the financial condition of the firm that
may be holding the customers’ cash and
securities. The Commission, when
adopting the Rule in 1972, stated that
the goal was to ‘‘directly’’ send a
customer essential information so that
the customer could ‘‘judge whether his
broker or dealer is financially sound.’’
The Commission adopted the Rule in
response to the failure of several brokerdealers holding customer funds and
securities in the period between 1968
and 1971.
E:\FR\FM\17NON1.SGM
17NON1
]]>Agencies
[Federal Register Volume 73, Number 222 (Monday, November 17, 2008)]
[Notices]
[Page 67899]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-27237]
=======================================================================
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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.
Extension:
Rule 10b-17; OMB Control No. 3235-0476; SEC File No. 270-427.
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 existing
collection of information provided for in the following rule: Rule 10b-
17 (17 CFR 240.10b-17).
Rule 10b-17 requires any issuer of a class of securities publicly
traded by the use of any means or instrumentality of interstate
commerce or of the mails or of any facility of any national securities
exchange to give notice of the following specific distributions
relating to such class of securities: (1) A dividend or other
distribution in cash or in kind other than interest payments on debt
securities; (2) a stock split or reverse stock split; or (3) a rights
or other subscription offering. Notice shall be either given to the
Financial Industry Regulatory Authority, Inc. as successor to the
National Association of Securities Dealers, Inc. or in accordance with
the procedures of the national securities exchange upon which the
securities are registered. The Commission may exempt an issuer of over-
the-counter (but not listed) securities from the notice requirement.
The requirements of 10b-17 do not apply to redeemable securities of
registered open-end investment companies or unit investment trusts.
The information required by Rule 10b-17 is necessary for the
execution of the Commission's mandate under the Securities Exchange Act
of 1934 to prevent fraudulent, manipulative, and deceptive acts and
practices. The Commission has found that not requiring formal notices
of the types of distributions covered by Rule 10b-17 has led to a
number of abuses including purchasers not being aware of their rights
to such distributions. It is only through formal notice of the
distribution, including the date of the distribution, that current
holders, potential buyers, or potential sellers of the securities at
issue will know their rights to the distribution. Therefore, it is only
through formal notice that investors can make an informed decision as
to whether to buy or sell a security.
There are approximately 4,052 respondents per year. These
respondents make approximately 17,262 responses per year. Each response
takes approximately 10 minutes to complete. Thus, the total compliance
burden per year is 2,877 burden hours.
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.
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:
nfraser@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 within 30
days of this notice.
Dated: November 10, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8-27237 Filed 11-14-08; 8:45 am]
BILLING CODE 8011-01-P
