Proposed Extension of Existing Collection; Comment Request, 10330-10331 [2010-4660]

Download as PDF 10330 Federal Register / Vol. 75, No. 43 / Friday, March 5, 2010 / Notices SMALL BUSINESS ADMINISTRATION (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) [Disaster Declaration # 12051 and # 12052] James E. Rivera, Associate Administrator for Disaster Assistance. Oklahoma Disaster # OK–00034 AGENCY: U.S. Small Business Administration ACTION: Notice. [FR Doc. 2010–4669 Filed 3–4–10; 8:45 am] SUMMARY: This is a Notice of the Presidential declaration of a major disaster for Public Assistance Only for the State of Oklahoma (FEMA–1876– DR), dated 02/25/2010. Incident: Severe Winter Storm. Incident Period: 12/24/2009 through 12/25/2009. DATES: Effective Date: 02/25/2010. Physical Loan Application Deadline Date: 04/26/2010. Economic Injury (EIDL) Loan Application Deadline Date: 11/25/2010. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street, SW., Suite 6050, Washington, DC 20416. SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of the President’s major disaster declaration on 02/25/2010, Private Non-Profit organizations that provide essential services of governmental nature may file disaster loan applications at the address listed above or other locally announced locations. The following areas have been determined to be adversely affected by the disaster: Primary Counties: Canadian, Cleveland, Comanche, Cotton, Craig, Delaware, Garvin, Grady, Hughes, Jackson, Jefferson, Kay, Lincoln, Love, Mcclain, Muskogee, Noble, Nowata, Okfuskee, Okmulgee, Ottawa, Payne, Pontotoc, Pottawatomie, Rogers, Sequoyah, Stephens, Tillman, Tulsa. The Interest Rates are: SMALL BUSINESS ADMINISTRATION BILLING CODE 8025–01–P erowe on DSK5CLS3C1PROD with NOTICES Percent For Physical Damage: Non-Profit Organizations With Credit Available Elsewhere ..... Non-Profit Organizations Without Credit Available Elsewhere ..... For Economic Injury: Non-Profit Organizations Without Credit Available Elsewhere ..... 3.625 3.000 3.000 The number assigned to this disaster for physical damage is 12051B and for economic injury is 12052B. VerDate Nov<24>2008 14:45 Mar 04, 2010 Jkt 220001 [Disaster Declaration #12055 and #12056] Nebraska Disaster #NE–00033 AGENCY: U.S. Small Business Administration. ACTION: Notice. This is a Notice of the Presidential declaration of a major disaster for Public Assistance Only for the State of Nebraska (FEMA–1878–DR), dated 02/25/2010. Incident: Severe Winter Storms and Snowstorm. Incident Period: 12/22/2009 through 01/08/2010. EFFECTIVE DATE: 02/25/2010. Physical Loan Application Deadline Date: 04/26/2010. Economic Injury (EIDL) Loan Application Deadline Date: 11/25/2010. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street, SW., Suite 6050, Washington, DC 20416. SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of the President’s major disaster declaration on 02/25/2010, Private Non-Profit organizations that provide essential services of governmental nature may file disaster loan applications at the address listed above or other locally announced locations. The following areas have been determined to be adversely affected by the disaster: Primary Counties: Adams, Antelope, Brown, Burt, Butler, Cass, Cherry, Clay, Dakota, Dodge, Douglas, Gage, Garfield, Hamilton, Jefferson, Johnson, Keya Paha, Lancaster, Madison, Morrill, Nance, Nemaha, Otoe, Pawnee, Rock, Saline, Saunders, Seward, Stanton, Thayer, Thurston, Washington, Wheeler, York. The Interest Rates are: Percent PO 00000 Frm 00127 Fmt 4703 Sfmt 4703 Non-Profit Organizations With Credit Available Elsewhere ... Non-Profit Organizations Without Credit Available Elsewhere ..................................... For Economic Injury: Non-Profit Organizations Without Credit Available Elsewhere ..................................... 3.625 3.000 3.000 The number assigned to this disaster for physical damage is 12055B and for economic injury is 12056B. (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) SUMMARY: For Physical Damage: Percent James E. Rivera, Associate Administrator for Disaster Assistance. [FR Doc. 2010–4667 Filed 3–4–10; 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 20549–0123. Extension: Rule 605 of Regulation NMS; SEC File No 270–488; OMB Control No. 3235–0542; Rule 606 of Regulation NMS; SEC File No. 270–489; OMB Control No. 3235– 0541. 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 collections of information summarized below. Rule 605 of Regulation NMS (‘‘Rule 605’’) (17 CFR 242.605),1 formerly known as Rule 11Ac1–5, requires market centers to make available to the public monthly order execution reports in electronic form. The Commission believes that many market centers retain most, if not all, the underlying raw data necessary to generate these reports in electronic format. Once the necessary 1 Regulation NMS, adopted by the Commission in June 2005, redesignated the national market system rules previously adopted under Section 11A of the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (‘‘Exchange Act’’). Rule 11Ac1–5 under the Exchange Act was redesignated Rule 605 of Regulation NMS, and Rule 11Ac1–6 under the Exchange Act was redesignated Rule 606 of Regulation NMS. No substantive amendments were made to Rule 605 and Rule 606 of Regulation NMS. See Securities Exchange Act Release No. 51808 (June 9, 2005), 70 FR 37496 (June 29, 2005). E:\FR\FM\05MRN1.SGM 05MRN1 erowe on DSK5CLS3C1PROD with NOTICES Federal Register / Vol. 75, No. 43 / Friday, March 5, 2010 / Notices data is collected, market centers could either program their systems to generate the statistics and reports, or transfer the data to a service provider (such as an independent company in the business of preparing such reports or a selfregulatory organization (‘‘SRO’’) that would generate the statistics and reports. The collection of information obligations of Rule 605 apply to all market centers that receive covered orders in national market system securities. The Commission estimates that approximately 408 market centers are subject to the collection of information obligations of Rule 605. Each of these respondents is required to respond to the collection of information on a monthly basis. The Commission staff estimates that, on average, Rule 605 causes respondents to spend 6 hours per month in additional time to collect the data necessary to generate the reports, or 72 hours per year. With an estimated 408 market centers subject to Rule 605, the total data collection cost to comply with the monthly reporting requirement is estimated to be 29,376 hours per year. Rule 606 of Regulation NMS (‘‘Rule 606’’) (17 CFR 242.606), formerly known as Rule 11Ac1–6, requires brokerdealers to prepare and disseminate quarterly order routing reports. Much of the information needed to generate these reports already should be collected by broker-dealers in connection with their periodic evaluations of their order routing practices. Broker-dealers must conduct such evaluations to fulfill the duty of best execution that they owe their customers. The collection of information obligations of Rule 606 apply to brokerdealers that route non-directed customer orders in covered securities. The Commission estimates that out of the currently 5178 broker-dealers that are subject to the collection of information obligations of Rule 606, clearing brokers bear a substantial portion of the burden of complying with the reporting and recordkeeping requirements of Rule 606 on behalf of small to mid-sized introducing firms. There currently are approximately 527 clearing brokers. In addition, there are approximately 2426 introducing brokers that receive funds or securities from their customers. Because at least some of these firms also may have greater involvement in determining where customer orders are routed for execution, they have been included, along with clearing brokers, in estimating the total burden of Rule 606. The Commission staff estimates that each firm significantly involved in order VerDate Nov<24>2008 14:45 Mar 04, 2010 Jkt 220001 routing practices incurs an average burden of 40 hours to prepare and disseminate a quarterly report required by Rule 606, or a burden of 160 hours per year. With an estimated 2953 2 broker-dealers significantly involved in order routing practices, the total burden per year to comply with the quarterly reporting requirement in Rule 606 is estimated to be 472,480 hours. Rule 606 also requires broker-dealers to respond to individual customer requests for information on orders handled by the broker-dealer for that customer. Clearing brokers generally bear the burden of responding to these requests. The Commission staff estimates that an average clearing broker incurs an annual burden of 400 hours (2000 responses × 0.2 hours/response) to prepare, disseminate, and retain responses to customers required by Rule 606. With an estimated 527 clearing brokers subject to Rule 606, the total burden per year to comply with the customer response requirement in Rule 606 is estimated to be 210,800 hours. 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 will 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 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/c Shirley Martinson, 6432 General Green Way, Alexandria, Virginia 22312 or send an email to: PRA_Mailbox@sec.gov. Dated: March 1, 2010. Florence E. Harmon, Deputy Secretary. [FR Doc. 2010–4660 Filed 3–4–10; 8:45 am] BILLING CODE 8011–01–P 2 527 clearing brokers + 2426 introducing brokers = 2953. PO 00000 Frm 00128 Fmt 4703 Sfmt 4703 10331 SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] In the Matter of: Amalgamated Explorations, Inc., Areawide Cellular, Inc., Genomed, Inc., Global Maintech Corp., Military Resale Group, Inc., Verado Holdings, Inc., and World Transport Authority, Inc.; Order of Suspension of Trading It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Amalgamated Explorations, Inc. because it has not filed any periodic reports since the period ended March 31, 2000. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Areawide Cellular, Inc. because it has not filed any periodic reports since the period ended September 30, 2002. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Genomed, Inc. because it has not filed any periodic reports since the period ended March 31, 2005. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Global Maintech Corp. because it has not filed any periodic reports since the period ended December 31, 2002. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Military Resale Group, Inc. because it has not filed any periodic reports since the period ended September 30, 2004. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Verado Holdings, Inc. because it has not filed any periodic reports since the period ended September 30, 2001. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of World Transport Authority, Inc. because it has not filed any periodic reports since the period ended March 31, 2004. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed companies. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above- E:\FR\FM\05MRN1.SGM 05MRN1

Agencies

[Federal Register Volume 75, Number 43 (Friday, March 5, 2010)]
[Notices]
[Pages 10330-10331]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-4660]


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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 
20549-0123.

Extension:
    Rule 605 of Regulation NMS; SEC File No 270-488; OMB Control No. 
3235-0542; Rule 606 of Regulation NMS; SEC File No. 270-489; OMB 
Control No. 3235-0541.

    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 
collections of information summarized below.
    Rule 605 of Regulation NMS (``Rule 605'') (17 CFR 242.605),\1\ 
formerly known as Rule 11Ac1-5, requires market centers to make 
available to the public monthly order execution reports in electronic 
form. The Commission believes that many market centers retain most, if 
not all, the underlying raw data necessary to generate these reports in 
electronic format. Once the necessary

[[Page 10331]]

data is collected, market centers could either program their systems to 
generate the statistics and reports, or transfer the data to a service 
provider (such as an independent company in the business of preparing 
such reports or a self-regulatory organization (``SRO'') that would 
generate the statistics and reports.
---------------------------------------------------------------------------

    \1\ Regulation NMS, adopted by the Commission in June 2005, 
redesignated the national market system rules previously adopted 
under Section 11A of the Securities Exchange Act of 1934 (15 U.S.C. 
78a et seq.) (``Exchange Act''). Rule 11Ac1-5 under the Exchange Act 
was redesignated Rule 605 of Regulation NMS, and Rule 11Ac1-6 under 
the Exchange Act was redesignated Rule 606 of Regulation NMS. No 
substantive amendments were made to Rule 605 and Rule 606 of 
Regulation NMS. See Securities Exchange Act Release No. 51808 (June 
9, 2005), 70 FR 37496 (June 29, 2005).
---------------------------------------------------------------------------

    The collection of information obligations of Rule 605 apply to all 
market centers that receive covered orders in national market system 
securities. The Commission estimates that approximately 408 market 
centers are subject to the collection of information obligations of 
Rule 605. Each of these respondents is required to respond to the 
collection of information on a monthly basis.
    The Commission staff estimates that, on average, Rule 605 causes 
respondents to spend 6 hours per month in additional time to collect 
the data necessary to generate the reports, or 72 hours per year. With 
an estimated 408 market centers subject to Rule 605, the total data 
collection cost to comply with the monthly reporting requirement is 
estimated to be 29,376 hours per year.
    Rule 606 of Regulation NMS (``Rule 606'') (17 CFR 242.606), 
formerly known as Rule 11Ac1-6, requires broker-dealers to prepare and 
disseminate quarterly order routing reports. Much of the information 
needed to generate these reports already should be collected by broker-
dealers in connection with their periodic evaluations of their order 
routing practices. Broker-dealers must conduct such evaluations to 
fulfill the duty of best execution that they owe their customers.
    The collection of information obligations of Rule 606 apply to 
broker-dealers that route non-directed customer orders in covered 
securities. The Commission estimates that out of the currently 5178 
broker-dealers that are subject to the collection of information 
obligations of Rule 606, clearing brokers bear a substantial portion of 
the burden of complying with the reporting and recordkeeping 
requirements of Rule 606 on behalf of small to mid-sized introducing 
firms. There currently are approximately 527 clearing brokers. In 
addition, there are approximately 2426 introducing brokers that receive 
funds or securities from their customers. Because at least some of 
these firms also may have greater involvement in determining where 
customer orders are routed for execution, they have been included, 
along with clearing brokers, in estimating the total burden of Rule 
606.
    The Commission staff estimates that each firm significantly 
involved in order routing practices incurs an average burden of 40 
hours to prepare and disseminate a quarterly report required by Rule 
606, or a burden of 160 hours per year. With an estimated 2953 \2\ 
broker-dealers significantly involved in order routing practices, the 
total burden per year to comply with the quarterly reporting 
requirement in Rule 606 is estimated to be 472,480 hours.
---------------------------------------------------------------------------

    \2\ 527 clearing brokers + 2426 introducing brokers = 2953.
---------------------------------------------------------------------------

    Rule 606 also requires broker-dealers to respond to individual 
customer requests for information on orders handled by the broker-
dealer for that customer. Clearing brokers generally bear the burden of 
responding to these requests. The Commission staff estimates that an 
average clearing broker incurs an annual burden of 400 hours (2000 
responses x 0.2 hours/response) to prepare, disseminate, and retain 
responses to customers required by Rule 606. With an estimated 527 
clearing brokers subject to Rule 606, the total burden per year to 
comply with the customer response requirement in Rule 606 is estimated 
to be 210,800 hours.
    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 will 
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 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/c Shirley 
Martinson, 6432 General Green Way, Alexandria, Virginia 22312 or send 
an e-mail to: PRA_Mailbox@sec.gov.

    Dated: March 1, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-4660 Filed 3-4-10; 8:45 am]
BILLING CODE 8011-01-P
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