Proposed Extension of Existing Collection; Comment Request, 22766 [E9-11170]
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22766
Federal Register / Vol. 74, No. 92 / Thursday, May 14, 2009 / Notices
All other information in the original
declaration remains unchanged.
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
James E. Rivera,
Acting Associate Administrator for Disaster
Assistance.
[FR Doc. E9–11285 Filed 5–13–09; 8:45 am]
BILLING CODE 8025–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Extension of Existing
Collection; Comment Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
pwalker on PROD1PC71 with NOTICES
Extension:
Rule 17a–6; OMB Control No. 3235–0489;
SEC File No. 270–433.
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
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Rule 17a–6 (17 CFR 240.17a–6) under
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) permits national
securities exchanges, national securities
associations, registered clearing
agencies, and the Municipal Securities
Rulemaking Board (collectively,
‘‘SROs’’) to destroy or convert to
microfilm or other recording media
records maintained under Rule 17a–1, if
they have filed a record destruction plan
with the Commission and the
Commission has declared such plan
effective.
There are currently 27 SROs: 17
national securities exchanges, 1 national
securities association, and 9 registered
clearing agencies. Of the 27 SROs, 2
SRO respondents have filed a record
destruction plan with the Commission.
The staff calculates that the preparation
and filing of a new record destruction
plan should take 160 hours. Further,
any existing SRO record destruction
plans may require revision, over time, in
response to, for example, changes in
document retention technology, which
the Commission estimates will take
much less than the 160 hours estimated
for a new plan. Thus, the total annual
compliance burden is estimated to be 60
hours per year. The approximate cost
VerDate Nov<24>2008
17:37 May 13, 2009
Jkt 217001
per hour is $305, resulting in a total cost
of compliance for these respondents of
$18,300 per year (30 hours @ $305 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
Commission, including whether the
information shall have practical utility;
(b) the accuracy of the Commission’s
estimate of the burden of the 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
Charles Boucher, 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: May 7, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9–11170 Filed 5–13–09; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Investment Company Act Release No.
28722; File No. 812–13598]
Flaherty & Crumrine Preferred Income
Fund Incorporated, et al.; Notice of
Application
May 8, 2009.
AGENCY: Securities and Exchange
Commission (‘‘Commission’’).
ACTION: Notice of application for an
order under section 6(c) of the
Investment Company Act of 1940
(‘‘Act’’) for an exemption from sections
18(a)(1)(A) and (B) of the Act.
APPLICANTS: Flaherty & Crumrine
Preferred Income Fund Incorporated
(‘‘PFD’’), Flaherty & Crumrine Preferred
Income Opportunity Fund Incorporated
(‘‘PFO’’), Flaherty & Crumrine/Claymore
Preferred Securities Income Fund
Incorporated (‘‘FFC’’), and Flaherty &
Crumrine/Claymore Total Return Fund
Incorporated (‘‘FLC’’) (each, a ‘‘Fund’’
and collectively, ‘‘Funds’’).
SUMMARY OF APPLICATION: Applicants
request an order (‘‘Order’’) granting an
PO 00000
Frm 00041
Fmt 4703
Sfmt 4703
exemption from sections 18(a)(1)(A) and
(B) of the Act for a period from the date
of the Order until October 31, 2010. The
Order would permit each Fund to issue
or incur debt that would be used to
redeem the Fund’s auction preferred
shares (‘‘APS Shares’’) issued prior to
February 1, 2008 that are outstanding at
the time of such issuance or incurrence
(‘‘post-Order debt’’), and to refinance
such post-Order debt, subject to the
200% asset coverage requirement
ordinarily applicable to a senior security
that is stock. The Order also would
permit each Fund to declare dividends
or any other distributions on, or
purchase, capital stock during the term
of the Order, provided that any such
post-Order debt has asset coverage of at
least 200% after deducting the amount
of such transaction.
FILING DATES: The application was filed
on November 4, 2008, and amended on
March 23, 2009 and April 23, 2009.
HEARING OR NOTIFICATION OF HEARING: An
order granting the application will be
issued unless the Commission orders a
hearing. Interested persons may request
a hearing by writing to the
Commission’s Secretary and serving
applicants with a copy of the request,
personally or by mail. Hearing requests
should be received by the Commission
by 5:30 p.m. on May 29, 2009, and
should be accompanied by proof of
service on applicants, in the form of an
affidavit or, for lawyers, a certificate of
service. Hearing requests should state
the nature of the writer’s interest, the
reason for the request, and the issues
contested. Persons who wish to be
notified of a hearing may request
notification by writing to the
Commission’s Secretary.
ADDRESSES: Secretary, Securities and
Exchange Commission, 100 F Street,
NE., Washington, DC 20549–1090.
Applicants: Donald F. Crumrine,
Flaherty & Crumrine Incorporated, 301
E. Colorado Boulevard, Suite 720,
Pasadena, CA 91101.
FOR FURTHER INFORMATION CONTACT:
Steven I. Amchan, Attorney Adviser, at
(202) 551–6826, or Jennifer L. Sawin,
Branch Chief, at (202) 551–6821
(Division of Investment Management,
Office of Investment Company
Regulation).
The
following is a summary of the
application. The complete application
may be obtained via the Commission’s
Web site by searching for the file
number, or an applicant using the
Company name box, at https://
www.sec.gov/search/search.htm or by
calling (202) 551–8090.
SUPPLEMENTARY INFORMATION:
E:\FR\FM\14MYN1.SGM
14MYN1
]]>Agencies
[Federal Register Volume 74, Number 92 (Thursday, May 14, 2009)]
[Notices]
[Page 22766]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-11170]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Extension of Existing 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 17a-6; OMB Control No. 3235-0489; SEC File No. 270-433.
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 plans to submit this
existing collection of information to the Office of Management and
Budget for extension and approval.
Rule 17a-6 (17 CFR 240.17a-6) under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.) permits national securities exchanges,
national securities associations, registered clearing agencies, and the
Municipal Securities Rulemaking Board (collectively, ``SROs'') to
destroy or convert to microfilm or other recording media records
maintained under Rule 17a-1, if they have filed a record destruction
plan with the Commission and the Commission has declared such plan
effective.
There are currently 27 SROs: 17 national securities exchanges, 1
national securities association, and 9 registered clearing agencies. Of
the 27 SROs, 2 SRO respondents have filed a record destruction plan
with the Commission. The staff calculates that the preparation and
filing of a new record destruction plan should take 160 hours. Further,
any existing SRO record destruction plans may require revision, over
time, in response to, for example, changes in document retention
technology, which the Commission estimates will take much less than the
160 hours estimated for a new plan. Thus, the total annual compliance
burden is estimated to be 60 hours per year. The approximate cost per
hour is $305, resulting in a total cost of compliance for these
respondents of $18,300 per year (30 hours @ $305 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 Commission, including whether the information
shall have practical utility; (b) the accuracy of the Commission's
estimate of the burden of the 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 Charles Boucher, 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: May 7, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9-11170 Filed 5-13-09; 8:45 am]
BILLING CODE 8010-01-P
