Submission for OMB Review; Comment Request, 54111 [E9-25207]
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jlentini on DSKJ8SOYB1PROD with NOTICES
Federal Register / Vol. 74, No. 202 / Wednesday, October 21, 2009 / Notices
adoption and documentation
requirement is 8,400 hours.
All funds are required to conduct an
annual review of the adequacy of their
existing policies and procedures and the
policies and procedures of each
investment adviser, principal
underwriter, administrator, and transfer
agent of the fund, and the effectiveness
of their implementation. In addition,
each fund chief compliance officer is
required to prepare an annual report
that addresses the operation of the
policies and procedures of the fund and
the policies and procedures of each
investment adviser, principal
underwriter, administrator, and transfer
agent of the fund, any material changes
made to those policies and procedures
since the date of the last report, any
material changes to the policies and
procedures recommended as a result of
the annual review, and certain
compliance matters that occurred since
the date of the last report. The staff
estimates that each fund spends 42
hours per year, on average, conducting
the annual review and preparing the
annual report to the board of directors.
Thus, we estimate that the annual
aggregate burden hours associated with
the annual review and annual report
requirement is 194,796 hours.
Finally, the staff estimates that each
fund spends 11 hours annually, on
average, maintaining the records
required by proposed Rule 38a–1. Thus,
the annual aggregate burden hours
associated with the recordkeeping
requirement is 51,018 hours.
In total, the staff estimates that the
aggregate annual information collection
burden of Rule 38a–1 is 254,214 hours.
The estimate of burden hours is made
solely for the purposes of the Paperwork
Reduction Act. The estimate is not
derived from a comprehensive or even
a representative survey or study of the
costs of Commission rules. Complying
with this collection of information
requirement is mandatory. Responses
will not be kept confidential. 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.
Please direct general comments
regarding the above information to the
following persons: (i) Desk Officer for
the Securities and Exchange
Commission, Office of Management and
Budget, Room 10102, New Executive
Office Building, Washington, DC 20503
or send an e-mail to Shagufta Ahmed at
Shagufta_Ahmed@omb.eop.gov; and (ii)
Charles Boucher, Director/CIO,
Securities and Exchange Commission,
c/o Shirley Martinson, 6432 General
VerDate Nov<24>2008
19:42 Oct 20, 2009
Jkt 220001
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: October 14, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9–25208 Filed 10–20–09; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Rule 17f–2(a); OMB Control No. 3235–0034;
SEC File No. 270–34]
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.
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 existing
collection of information provided for in
Rule 17f–2(a) (17 CFR 240.17f–2(a))
under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.) (‘‘Exchange
Act’’).
Rule 17f–2 (17 CFR 240.17f–2) under
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) requires that
securities professionals be fingerprinted.
This requirement serves to identify
security risk personnel, to allow an
employer to make fully informed
employment decisions, and to deter
possible wrongdoers from seeking
employment in the securities industry.
Partners, directors, officers, and
employees of exchanges, broker, dealers,
transfer agents, and clearing agencies
are included. Fingerprint cards
submitted under Rule 17f–2(a) must be
retained for a period of not less than
three years after termination of the
person’s employment relationship with
the organization. Fingerprint cards
submitted according to Rule 17f–2(a)
will not be kept confidential. It is
estimated that approximately 10,000
respondents will submit fingerprint
cards. It is also estimated that each
respondent will submit 55 fingerprint
cards. The staff estimates that the
average number of hours necessary to
comply with the Rule 17f–2(a) is onehalf hour. The total burden is 275,000
hours for respondents. The average cost
per hour is approximately $50.
PO 00000
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54111
Therefore, the total cost of compliance
for respondents is $13,750,000.
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:
Shagufta_Ahmed@omb.eop.gov; and
(ii) Charles Boucher, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Shirley
Martinson, 6432 General Green Way,
Alexandria, Virginia 22312 or send an
e-mail to: PRA_Mailbox@sec.gov.
Comments must be submitted to OMB
within 30 days of this notice.
Dated: October 14, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9–25207 Filed 10–20–09; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–60817; File No. SR–ISE–
2009–76]
Self-Regulatory Organizations;
International Securities Exchange,
LLC; Notice of Filing and Immediate
Effectiveness of Proposed Rule
Change To Adopt a Fee for ISE Market
Maker Orders Sent to the Exchange by
Electronic Access Members
October 13, 2009.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2
notice is hereby given that on October
1, 2009, International Securities
Exchange, LLC (‘‘ISE’’ or ‘‘Exchange’’)
filed with the Securities and Exchange
Commission (‘‘Commission’’) the
proposed rule change as described in
Items I, II and III below, which Items
have been prepared by the Exchange.
The Commission is publishing this
notice to solicit comments on the
proposed rule change from interested
persons.
1 15
2 17
E:\FR\FM\21OCN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
21OCN1
Agencies
[Federal Register Volume 74, Number 202 (Wednesday, October 21, 2009)]
[Notices]
[Page 54111]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-25207]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Rule 17f-2(a); OMB Control No. 3235-0034; SEC File No. 270-34]
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.
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 existing collection of
information provided for in Rule 17f-2(a) (17 CFR 240.17f-2(a)) under
the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (``Exchange
Act'').
Rule 17f-2 (17 CFR 240.17f-2) under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.) requires that securities professionals be
fingerprinted. This requirement serves to identify security risk
personnel, to allow an employer to make fully informed employment
decisions, and to deter possible wrongdoers from seeking employment in
the securities industry. Partners, directors, officers, and employees
of exchanges, broker, dealers, transfer agents, and clearing agencies
are included. Fingerprint cards submitted under Rule 17f-2(a) must be
retained for a period of not less than three years after termination of
the person's employment relationship with the organization. Fingerprint
cards submitted according to Rule 17f-2(a) will not be kept
confidential. It is estimated that approximately 10,000 respondents
will submit fingerprint cards. It is also estimated that each
respondent will submit 55 fingerprint cards. The staff estimates that
the average number of hours necessary to comply with the Rule 17f-2(a)
is one-half hour. The total burden is 275,000 hours for respondents.
The average cost per hour is approximately $50. Therefore, the total
cost of compliance for respondents is $13,750,000.
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: Shagufta_Ahmed@omb.eop.gov; and (ii) Charles Boucher, Director/Chief Information
Officer, Securities and Exchange Commission, c/o Shirley Martinson,
6432 General Green Way, Alexandria, Virginia 22312 or send an e-mail
to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30
days of this notice.
Dated: October 14, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9-25207 Filed 10-20-09; 8:45 am]
BILLING CODE 8011-01-P