Proposed Collection; Comment Request, 27601 [2010-11658]
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Federal Register / Vol. 75, No. 94 / Monday, May 17, 2010 / Notices
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 10, 2010.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2010–11659 Filed 5–14–10; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Rule 15a–6; SEC File No. 270–0329; OMB
Control No. 3235–0371]
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
srobinson on DSKHWCL6B1PROD with NOTICES
Extension:
Rule 15a–6; SEC File No. 270–0329; OMB
Control No. 3235–0371.
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
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Rule 15a–6 (17 CFR 240.15a–6) under
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) provides, among
other things, an exemption from brokerdealer registration for foreign brokerdealers that effect trades with or for U.S.
institutional investors through a U.S.
registered broker-dealer, provided that
the U.S. broker-dealer obtains certain
information about, and consents to
service of process from, the personnel of
the foreign broker-dealer involved in
such transactions, and maintains certain
records in connection therewith.
These requirements are intended to
ensure (a) that the U.S. broker-dealer
will receive notice of the identity of,
and has reviewed the background of,
foreign personnel who will contact U.S.
institutional investors, (b) that the
foreign broker-dealer and its personnel
effectively may be served with process
in the event enforcement action is
necessary, and (c) that the Commission
has ready access to information
concerning these persons and their U.S.
securities activities.
It is estimated that approximately
2,000 respondents will incur an average
VerDate Mar<15>2010
17:36 May 14, 2010
Jkt 220001
burden of three hours per year to
comply with this rule, for a total burden
of 6,000 hours. At an average cost per
hour of approximately $105, the
resultant total cost of compliance for the
respondents is $600,000 per year (2,000
entities × 3 hours/entity × $105/hour =
$630,000).
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 will have practical utility;
(b) the accuracy of the Commission’s
estimate 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.
Direct your written comments 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 10, 2010.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2010–11658 Filed 5–14–10; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Rule 0–4; SEC File No. 270–569; OMB
Control No. 3235–0633]
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Existing Collection; New OMB Control No.:
Rule 0–4; SEC File No. 270–569; OMB
Control No. 3235–0633.
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
summarized below. The Commission
plans to submit this collection of
information to the Office of
PO 00000
Frm 00066
Fmt 4703
Sfmt 4703
27601
Management and Budget for extension
and approval.
Rule 0–4 (17 CFR 275.0–4) under the
Investment Advisers Act of 1940 (‘‘Act’’
or ‘‘Advisers Act’’) (15 U.S.C. 80b–1 et
seq.) entitled ‘‘General Requirements of
Papers and Applications,’’ prescribes
general instructions for filing an
application seeking exemptive relief
with the Commission. Rule 0–4
currently requires that every application
for an order for which a form is not
specifically prescribed and which is
executed by a corporation, partnership
or other company and filed with the
Commission contain a statement of the
applicable provisions of the articles of
incorporation, bylaws or similar
documents, relating to the right of the
person signing and filing such
application to take such action on behalf
of the applicant, and a statement that all
such requirements have been complied
with and that the person signing and
filing the application is fully authorized
to do so. If such authorization is
dependent on resolutions of
stockholders, directors, or other bodies,
such resolutions must be attached as an
exhibit to or quoted in the application.
Any amendment to the application must
contain a similar statement as to the
applicability of the original statement of
authorization. When any application or
amendment is signed by an agent or
attorney, rule 0–4 requires that the
power of attorney evidencing his
authority to sign shall state the basis for
the agent’s authority and shall be filed
with the Commission. Every application
subject to rule 0–4 must be verified by
the person executing the application by
providing a notarized signature in
substantially the form specified in the
rule. Each application subject to rule 0–
4 must state the reasons why the
applicant is deemed to be entitled to the
action requested with a reference to the
provisions of the Act and rules
thereunder, the name and address of
each applicant, and the name and
address of any person to whom any
questions regarding the application
should be directed. Rule 0–4 requires
that a proposed notice of the proceeding
initiated by the filing of the application
accompany each application as an
exhibit and, if necessary, be modified to
reflect any amendment to the
application.
The requirements of rule 0–4 are
designed to provide Commission staff
with the necessary information to assess
whether granting the orders of
exemption are necessary and
appropriate in the public interest and
consistent with the protection of
investors and the intended purposes of
the Act.
E:\FR\FM\17MYN1.SGM
17MYN1
]]>Agencies
[Federal Register Volume 75, Number 94 (Monday, May 17, 2010)]
[Notices]
[Page 27601]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-11658]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Rule 15a-6; SEC File No. 270-0329; OMB Control No. 3235-0371]
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 15a-6; SEC File No. 270-0329; OMB Control No. 3235-0371.
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 summarized below. The Commission plans to
submit this existing collection of information to the Office of
Management and Budget for extension and approval.
Rule 15a-6 (17 CFR 240.15a-6) under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.) provides, among other things, an exemption
from broker-dealer registration for foreign broker-dealers that effect
trades with or for U.S. institutional investors through a U.S.
registered broker-dealer, provided that the U.S. broker-dealer obtains
certain information about, and consents to service of process from, the
personnel of the foreign broker-dealer involved in such transactions,
and maintains certain records in connection therewith.
These requirements are intended to ensure (a) that the U.S. broker-
dealer will receive notice of the identity of, and has reviewed the
background of, foreign personnel who will contact U.S. institutional
investors, (b) that the foreign broker-dealer and its personnel
effectively may be served with process in the event enforcement action
is necessary, and (c) that the Commission has ready access to
information concerning these persons and their U.S. securities
activities.
It is estimated that approximately 2,000 respondents will incur an
average burden of three hours per year to comply with this rule, for a
total burden of 6,000 hours. At an average cost per hour of
approximately $105, the resultant total cost of compliance for the
respondents is $600,000 per year (2,000 entities x 3 hours/entity x
$105/hour = $630,000).
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 will
have practical utility; (b) the accuracy of the Commission's estimate
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.
Direct your written comments 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 10, 2010.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2010-11658 Filed 5-14-10; 8:45 am]
BILLING CODE 8010-01-P
