Submission for OMB Review; Comment Request, 1663 [2010-304]
Download as PDF
<![CDATA[
Federal Register / Vol. 75, No. 7 / Tuesday, January 12, 2010 / Notices
information required to be provided to
the Commission pursuant to this Rule is
deemed confidential pursuant to
Section 17(j) of the Exchange Act and
Section 552(b)(3)(B) of the Freedom of
Information Act,8 notwithstanding any
other provision of law. In addition,
paragraph 17i–8(c) specifies that the
notices and reports filed in accordance
with Rule 17i–8 will be accorded
confidential treatment to the extent
permitted by law.
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@comb.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 email to PRA_Mailbox@sec.gov.
Comments must be submitted to OMB
within 30 days of this notice.
Dated: January 6, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–302 Filed 1–11–10; 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.
WReier-Aviles on DSKGBLS3C1PROD with NOTICES
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’’) has submitted to the
Office of Management and Budget a
request for approval of extension of the
existing collection of information
provided for Rule 17Ad–13 (17 CFR
240.17Ad–13) under the Securities
85
U.S.C. 552(b)(3)(B).
VerDate Nov<24>2008
15:14 Jan 11, 2010
Jkt 220001
Exchange Act of 1934 (15 U.S.C. 78a et
seq.) (‘‘Exchange Act’’).
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. 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 120 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.
The retention period for the
recordkeeping requirement under Rule
17Ad–13 is three years following the
date of a report prepared pursuant to the
rule. The recordkeeping requirement
under Rule 17Ad–13 is mandatory to
assist the Commission and other
regulatory agencies with monitoring
transfer agents and ensuring compliance
with the rule. This rule does not involve
the collection of confidential
information.
Please note that 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: (i)
Shagufta_Ahmed@comb.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.
PO 00000
Frm 00081
Fmt 4703
Sfmt 4703
1663
Dated: January 6, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–304 Filed 1–11–10; 8:45 am]
BILLING CODE 8011–01–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.
Extension:
Rule 17i–5; SEC File No. 270–531; OMB
Control No. 3235–0590.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of
1995 1 the Securities and Exchange
Commission (‘‘Commission’’) has
submitted to the Office of Management
and Budget a request for extension of
the previously approved collections of
information discussed below. The Code
of Federal Regulations citation to this
collection of information is the
following rule: 17 CFR 240.17i–5.
Section 231 of the Gramm-LeachBliley Act of 1999 2 (the ‘‘GLBA’’)
amended Section 17 of the Securities
Exchange Act of 1934 (15 U.S.C. 78q)
(the ‘‘Exchange Act’’) to create a
regulatory framework under which a
holding company of a broker-dealer
(‘‘investment bank holding company’’ or
‘‘IBHC’’) may voluntarily be supervised
by the Commission as a supervised
investment bank holding company (or
‘‘SIBHC’’).3 In 2004, the Commission
promulgated rules, including Rule 17i–
5, to create a framework for the
Commission to supervise SIBHCs.4 This
framework includes qualification
criteria for SIBHCs, as well as
recordkeeping and reporting
requirements. Among other things, this
regulatory framework for SIBHCs is
intended to provide a basis for non-U.S.
financial regulators to treat the
Commission as the principal U.S.
consolidated, home-country supervisor
for SIBHCs and their affiliated brokerdealers.5
Pursuant to Section 17(i)(3)(A) of the
Exchange Act, an SIBHC would be
required to make and keep records,
1 44
U.S.C. 3501 et seq.
L. 106–102, 113 Stat. 1338 (1999).
3 See 15 U.S.C. 78q(i).
4 See Exchange Act Release No. 49831 (Jun. 8,
2004), 69 FR 34472 (Jun. 21, 2004).
5 See H.R. Conf. Rep. No. 106–434, 165 (1999).
See also Exchange Act Release No. 49831, at 6 (Jun.
8, 2004), 69 FR 34472, at 34473 (Jun. 21, 2004).
2 Pub.
E:\FR\FM\12JAN1.SGM
12JAN1
]]>Agencies
[Federal Register Volume 75, Number 7 (Tuesday, January 12, 2010)]
[Notices]
[Page 1663]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-304]
-----------------------------------------------------------------------
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 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'') has submitted to the Office of Management
and Budget a request for approval of extension of the existing
collection of information provided for Rule 17Ad-13 (17 CFR 240.17Ad-
13) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.)
(``Exchange Act'').
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. 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 120 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.
The retention period for the recordkeeping requirement under Rule
17Ad-13 is three years following the date of a report prepared pursuant
to the rule. The recordkeeping requirement under Rule 17Ad-13 is
mandatory to assist the Commission and other regulatory agencies with
monitoring transfer agents and ensuring compliance with the rule. This
rule does not involve the collection of confidential information.
Please note that 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: (i)
Shagufta_Ahmed@comb.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: January 6, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-304 Filed 1-11-10; 8:45 am]
BILLING CODE 8011-01-P
