Proposed Collection; Comment Request, 7594-7595 [2011-2932]
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7594
Federal Register / Vol. 76, No. 28 / Thursday, February 10, 2011 / Notices
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Ted Wackler,
Deputy Chief of Staff.
[FR Doc. 2011–3039 Filed 2–9–11; 8:45 am]
BILLING CODE P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; 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 103; SEC File No. 270–410; OMB
Control No. 3235–0466.
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 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 for Rule 103 of Regulation
M (17 CFR 242.103)—Nasdaq Passive
Market Making.
Rule 103 permits passive market
making in Nasdaq securities during a
distribution. A distribution participant
that seeks use of this exception would
be required to disclose to third parties
its intention to engage in passive market
making.
There are approximately 298
respondents per year that require an
aggregate total of 298 hours to comply
with this rule. Each respondent makes
an estimated 1 annual response. Each
response takes approximately 1 hour to
complete. Thus, the total compliance
burden per year is 298 burden hours.
The total compliance labor cost for the
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respondents is approximately
$19,966.00, resulting in an estimated
labor cost of compliance for the
respondent per response of
approximately $67.00 (i.e., $19,966.00/
298 responses).
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:
Thomas Bayer, Chief Information
Officer, Securities and Exchange
Commission, C/O Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
Virginia 22312 or send an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted within 60 days of this
notice.
Dated: February 3, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011–2933 Filed 2–9–11; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; 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 104; SEC File No. 270–411; OMB
Control No. 3235–0465.
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 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.
E:\FR\FM\10FEN1.SGM
10FEN1
jdjones on DSK8KYBLC1PROD with NOTICES
Federal Register / Vol. 76, No. 28 / Thursday, February 10, 2011 / Notices
Rule 104 of Regulation M (17 CFR
242.104)—Stabilizing and Other
Activities in Connection with an
Offering permits stabilizing by a
distribution participant during a
distribution so long as the distribution
participant discloses information to the
market and investors. This rule requires
disclosure in offering materials of the
potential stabilizing transactions and
that the distribution participant inform
the market when a stabilizing bid is
made. It also requires the distribution
participants (i.e. the syndicate manager)
to maintain information regarding
syndicate covering transactions and
penalty bids and disclose such
information to the Self-Regulatory
Organization (SRO).
There are approximately 745
respondents per year that require an
aggregate total of 149 hours to comply
with this rule. Each respondent makes
an estimated 1 annual response. Each
response takes approximately 0.20
hours (12 minutes) to complete. Thus,
the total compliance burden per year is
149 burden hours. The total internal
labor compliance cost for the
respondents is approximately $9,983.00,
resulting in a cost of compliance for the
respondent per response of
approximately $13.40 (i.e., $9,983/745
responses).
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:
Thomas Bayer, Chief Information
Officer, Securities and Exchange
Commission, C/O Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
Virginia 22312 or send an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted within 60 days of this
notice.
Dated: February 3, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011–2932 Filed 2–9–11; 8:45 am]
BILLING CODE 8011–01–P
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15:10 Feb 09, 2011
Jkt 223001
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; 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 101; SEC File No. 270–408; OMB
Control No. 3235–0464.
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 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 101 of Regulation M (17 CFR
242.101)—Activities by Distribution
Participants, prohibits distribution
participants from purchasing activities
at specified times during a distribution
of securities. Persons otherwise covered
by these rules may seek to use several
applicable exceptions such as a
calculation of the average daily trading
volume of the securities in distribution,
the maintenance of policies regarding
information barriers between their
affiliates, and the maintenance a written
policy regarding general compliance
with Regulation M for de minimus
transactions.
There are approximately 1588
respondents per year that require an
aggregate total of 31,309 hours to
comply with this rule. Each respondent
makes an estimated 1 annual response.
Each response takes approximately 20
hours to complete. Thus, the total
compliance burden per year is 31,309
burden hours. The total compliance
internal labor cost for the respondents is
approximately $1,783,673.73, resulting
in a cost of compliance for the
respondent per response of
approximately $1123.22 (i.e.,
$1,783,673.73/1588 responses).
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
PO 00000
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Fmt 4703
Sfmt 4703
7595
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:
Thomas Bayer, Chief Information
Officer, Securities and Exchange
Commission, C/O Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
Virginia 22312 or send an e-mail to:
PRA_Mailbox@sec.gov.
Dated: February 3, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011–2931 Filed 2–9–11; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Rule 17d–1; SEC File No. 270–505; OMB
Control No. 3235–0562]
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 17d–1, SEC File No. 270–505,
OMB Control No. 3235–0562.
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 collections of information
summarized below. The Commission
plans to submit these existing
collections of information to the Office
of Management and Budget for
extension and approval.
Section 17(d) (15 U.S.C. 80a–17(d)) of
the Investment Company Act of 1940
(15 U.S.C. 80a et seq.) (the ‘‘Act’’)
prohibits first- and second-tier affiliates
of a fund, the fund’s principal
underwriters, and affiliated persons of
the fund’s principal underwriters, acting
as principal, to effect any transaction in
which the fund or a company controlled
by the fund is a joint or a joint and
several participant in contravention of
the Commission’s rules. Rule 17d–1 (17
CFR 270.17d–1) prohibits an affiliated
person of or principal underwriter for
any fund (a ‘‘first-tier affiliate’’), or any
affiliated person of such person or
underwriter (a ‘‘second-tier affiliate’’),
acting as principal, from participating in
or effecting any transaction in
connection with a joint enterprise or
E:\FR\FM\10FEN1.SGM
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Agencies
[Federal Register Volume 76, Number 28 (Thursday, February 10, 2011)]
[Notices]
[Pages 7594-7595]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-2932]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; 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 104; SEC File No. 270-411; OMB Control No. 3235-0465.
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 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.
[[Page 7595]]
Rule 104 of Regulation M (17 CFR 242.104)--Stabilizing and Other
Activities in Connection with an Offering permits stabilizing by a
distribution participant during a distribution so long as the
distribution participant discloses information to the market and
investors. This rule requires disclosure in offering materials of the
potential stabilizing transactions and that the distribution
participant inform the market when a stabilizing bid is made. It also
requires the distribution participants (i.e. the syndicate manager) to
maintain information regarding syndicate covering transactions and
penalty bids and disclose such information to the Self-Regulatory
Organization (SRO).
There are approximately 745 respondents per year that require an
aggregate total of 149 hours to comply with this rule. Each respondent
makes an estimated 1 annual response. Each response takes approximately
0.20 hours (12 minutes) to complete. Thus, the total compliance burden
per year is 149 burden hours. The total internal labor compliance cost
for the respondents is approximately $9,983.00, resulting in a cost of
compliance for the respondent per response of approximately $13.40
(i.e., $9,983/745 responses).
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: Thomas Bayer, Chief Information
Officer, Securities and Exchange Commission, C/O Remi Pavlik-Simon,
6432 General Green Way, Alexandria, Virginia 22312 or send an e-mail
to: PRA_Mailbox@sec.gov. Comments must be submitted within 60 days of
this notice.
Dated: February 3, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011-2932 Filed 2-9-11; 8:45 am]
BILLING CODE 8011-01-P