Proposed Collection; Comment Request, 57540 [E9-26753]
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Federal Register / Vol. 74, No. 214 / Friday, November 6, 2009 / Notices
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: October 23, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9–26751 Filed 11–5–09; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
mstockstill on DSKH9S0YB1PROD with NOTICES6
Extension:
Rule 17Ad–13; SEC File No. 270–263;
OMB Control No. 3235–0275.
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 existing collection of information
provided for in Rule 17Ad–13 (17 CFR
240.17Ad–13) under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.) (‘‘Exchange Act’’). The
Commission plans to submit this
existing collection of information to the
Office of Management and Budget for
extension and approval.
Rule 17Ad–13 requires approximately
150 registered transfer agents to obtain
an annual report on the adequacy of
internal accounting controls. In
addition, transfer agents must maintain
copies of any reports prepared pursuant
to Rule 17Ad–13 plus any documents
prepared to notify the Commission and
appropriate regulatory agencies in the
event that the transfer agent is required
to take any corrective action. The
retention period for the report is three
years following the date of the report.
These recordkeeping requirements assist
the Commission and other regulatory
agencies with monitoring transfer agents
VerDate Nov<24>2008
18:23 Nov 05, 2009
Jkt 220001
and ensuring compliance with the rule.
Small transfer agents are exempt from
Rule 17Ad–13.
The staff estimates that the average
number of hours necessary for each
transfer agent to comply with Rule
17Ad–13 is one-hundred fifty hours
annually. The total burden is 18,000
hours annually for transfer agents, based
upon past submissions. The staff
estimates that the average cost per hour
is approximately $60. Therefore, the
total cost of compliance for transfer
agents is $1,080,000.
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
estimates of the burden of the proposed
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: October 23, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9–26753 Filed 11–5–09; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Form N–8B–2; SEC File No. 270–186; OMB
Control No. 3235–0186.
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 (the
‘‘Commission’’) is soliciting comments
on the collection of information
PO 00000
Frm 00094
Fmt 4703
Sfmt 4703
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Form N–8B–2 (17 CFR 274.12) is the
form used by unit investment trusts
(‘‘UITs’’) other than separate accounts
that are currently issuing securities,
including UITs that are issuers of
periodic payment plan certificates and
UITs of which a management
investment company is the sponsor or
depositor, to comply with the filing and
disclosure requirements imposed by
section 8(b) of the Investment Company
Act of 1940 (15 U.S.C. 80a–8(b)). Form
N–8B–2 requires disclosure about the
organization of a UIT, its securities, the
personnel and affiliated persons of the
depositor, the distribution and
redemption of securities, the trustee or
custodian, and financial statements. The
Commission uses the information
provided in the collection of
information to determine compliance
with section 8(b) of the Investment
Company Act.
Based on the Commission’s industry
statistics, the Commission estimates that
there would be approximately two
initial filings on Form N–8B–2 and 14
post-effective amendment filings to the
Form annually. The Commission
estimates that each registrant filing an
initial Form N–8B–2 would spend 44
hours in preparing and filing the Form
and that the total hour burden for all
initial Form N–8B–2 filings would be 88
hours. Also, the Commission estimates
that each UIT filing a post-effective
amendment to Form N–8B–2 would
spend 16 hours in preparing and filing
the amendment and that the total hour
burden for all post-effective
amendments to the Form would be 224
hours. By combining the total hour
burdens estimated for initial Form
N–8B–2 filings and post-effective
amendments filings to the Form, the
Commission estimates that the total
annual burden hours for all registrants
on Form N–8B–2 would be 312.
Estimates of the burden hours are made
solely for the purposes of the PRA, and
are not derived from a comprehensive or
even a representative survey or study of
the costs of SEC rules and forms.
The information provided on Form
N–8B–2 is mandatory. The information
provided on Form N–8B–2 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 OMB control number.
Written comments are invited on:
(a) Whether the proposed collection of
information is necessary for the proper
E:\FR\FM\06NON1.SGM
06NON1
]]>Agencies
[Federal Register Volume 74, Number 214 (Friday, November 6, 2009)]
[Notices]
[Page 57540]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-26753]
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SECURITIES AND EXCHANGE COMMISSION
Proposed 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 17Ad-13; SEC File No. 270-263; OMB Control No. 3235-0275.
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 existing
collection of information provided for in Rule 17Ad-13 (17 CFR
240.17Ad-13) under the Securities Exchange Act of 1934 (15 U.S.C. 78a
et seq.) (``Exchange Act''). The Commission plans to submit this
existing collection of information to the Office of Management and
Budget for extension and approval.
Rule 17Ad-13 requires approximately 150 registered transfer agents
to obtain an annual report on the adequacy of internal accounting
controls. In addition, transfer agents must maintain copies of any
reports prepared pursuant to Rule 17Ad-13 plus any documents prepared
to notify the Commission and appropriate regulatory agencies in the
event that the transfer agent is required to take any corrective
action. The retention period for the report is three years following
the date of the report. These recordkeeping requirements assist the
Commission and other regulatory agencies with monitoring transfer
agents and ensuring compliance with the rule. Small transfer agents are
exempt from Rule 17Ad-13.
The staff estimates that the average number of hours necessary for
each transfer agent to comply with Rule 17Ad-13 is one-hundred fifty
hours annually. The total burden is 18,000 hours annually for transfer
agents, based upon past submissions. The staff estimates that the
average cost per hour is approximately $60. Therefore, the total cost
of compliance for transfer agents is $1,080,000.
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
estimates of the burden of the proposed 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: October 23, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9-26753 Filed 11-5-09; 8:45 am]
BILLING CODE 8011-01-P
