Proposed Collection; Comment Request, 13000-13001 [2011-5280]

Download as PDF 13000 Federal Register / Vol. 76, No. 46 / Wednesday, March 9, 2011 / Notices Interested persons are invited to submit written comments on the proposed information collection to U.S. Office of Personnel Management, Linda Bradford (Acting), Deputy Associate Director, Retirement Operations, Retirement Services, 1900 E Street, NW., Room 3305, Washington, DC 20415–3500 or send via electronic mail to Martha.Moore@opm.gov. FOR FURTHER INFORMATION CONTACT: A copy of this ICR, with applicable supporting documentation, may be obtained by contacting the Publications Team, Office of Personnel Management, 1900 E Street, NW., Room 4332, Washington, DC 20415, Attention: Cyrus S. Benson, or sent via electronic mail to Cyrus.Benson@opm.gov or faxed to (202) 606–0910. SUPPLEMENTARY INFORMATION: Court Orders Affecting Retirement Benefits, 5 CFR 838.221, 838.421, and 838.721 describe how former spouses give us written notice of a court order requiring us to pay benefits to the former spouse. Specific information is needed before OPM can make court-ordered benefit payments. ADDRESSES: Analysis Agency: Retirement Operations, Retirement Services, Office of Personnel Management. Title: Court Orders Affecting Retirement Benefits, 5 CFR 838.221, 838.421, and 838.721. OMB Number: 3206–0204. Frequency: On occasion. Affected Public: Individuals or Households. Number of Respondents: 19,000. Estimated Time Per Respondent: 30 minutes. Total Burden Hours: 9,500. U.S. Office of Personnel Management. John Berry, Director. [FR Doc. 2011–5392 Filed 3–8–11; 8:45 am] BILLING CODE 6325–38–P POSTAL SERVICE Transfer of Commercial First-Class Mail Parcels to Competitive Product List Postal Service.TM ACTION: Notice. Emcdonald on DSK2BSOYB1PROD with NOTICES AGENCY: The Postal Service hereby provides notice that it has filed a request with the Postal Regulatory Commission to transfer commercial First-Class Mail Parcels from the Mail Classification Schedule’s MarketDominant Product List to its Competitive Product List. SUMMARY: VerDate Mar<15>2010 19:29 Mar 08, 2011 Jkt 223001 DATES: March 9, 2011. FOR FURTHER INFORMATION CONTACT: Nabeel Cheema, 202–268–7178. On February 24, 2011, the United States Postal Service® filed with the Postal Regulatory Commission a Request of the United States Postal Service to transfer commercial First-Class Mail Parcels from the Mail Classification Schedule’s Market-Dominant Product List to its Competitive Product List, pursuant to 39 U.S.C. 3642. The transfer would take place in two steps: First, commercial First-Class Mail Parcels would be removed from the market-dominant product list; then, a new product, provisionally titled Lightweight Commercial Parcels, would be added to the competitive product list. Lightweight Commercial Parcels would be identical to commercial First-Class Mail Parcels, except that Lightweight Commercial Parcels would have a content restriction prohibiting the inclusion of any item classified as a ‘‘letter’’ under the Private Express Statutes. Documents pertinent to this request are available at http:// www.prc.gov, Docket No. MC2011–22. SUPPLEMENTARY INFORMATION: Neva R. Watson, Attorney, Legislative. [FR Doc. 2011–5272 Filed 3–8–11; 8:45 am] BILLING CODE 7710–12–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 17a–13; SEC File No. 270–27; OMB Control No. 3235–0035. 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 provided for in the following rule: Rule 17a–13 (17 CFR 240.17a–13) under the Securities Exchange Act of 1934 (15 U.S.C. 78 et seq.). The Commission plans to submit a request for approval of extension of the existing collection of information to the Office of Management and Budget. Rule 17a–13(b) (17 CFR 17a–13(b)) generally requires that at least once each calendar quarter, all registered brokers and dealers physically examine and PO 00000 Frm 00069 Fmt 4703 Sfmt 4703 count all securities held and account for all other securities not in their possession, but subject to the brokerdealer’s control or direction. Any discrepancies between the brokerdealer’s securities count and the firm’s records must be noted and, within seven days, the unaccounted for difference must be recorded in the firm’s records. Rule 17a–13(c) (17 CFR 17a–13(c)) provides that under specified conditions, the securities counts, examination, and verification of the broker-dealer’s entire list of securities may be conducted on a cyclical basis rather than on a certain date. Although Rule 17a–13 does not require filing a report with the Commission, discrepancies between a broker-dealer’s records and the securities counts may be required to be reported, for example, as a loss on Form X–17a–5 (17 CFR 248.617), which must be filed with the Commission under Rule 17a–5 (17 CFR 17a–5). Rule 17a–13 exempts brokerdealers that limit their business to the sale and redemption of securities of registered investment companies and interests or participation in an insurance company separate account and those who solicit accounts for federally insured savings and loan associations, provided that such persons promptly transmit all funds and securities and hold no customer funds and securities. The Rule also does not apply to certain broker-dealers required to register only because they effect transactions in securities futures products. The information obtained from Rule 17a–13 is used as an inventory control device to monitor a broker-dealer’s ability to account for all securities held, in transfer, in transit, pledged, loaned, borrowed, deposited, or otherwise subject to the firm’s control or direction. Discrepancies between the securities counts and the broker-dealer’s records alert the Commission and the Self Regulatory Organizations (‘‘SROs’’) to those firms having problems in their back offices. Currently, there are approximately 5,030 broker-dealers registered with the Commission. However, given the variability in their businesses, it is difficult to quantify how many hours per year each broker-dealer spends complying with the Rule. As noted, the Rule requires a respondent to account for all securities in its possession. Many respondents hold few, if any, securities; while others hold large quantities. Therefore, the time burden of complying with the Rule will depend on respondent-specific factors, including size, number of customers, and E:\FR\FM\09MRN1.SGM 09MRN1 Federal Register / Vol. 76, No. 46 / Wednesday, March 9, 2011 / Notices proprietary trading activity. The staff estimates that the average time spent per respondent is 100 hours per year on an ongoing basis to maintain the records required under the Rule. This estimate takes into account the fact that more than half the 5,030 respondents— according to financial reports filed with the Commission—may spend little or no time in complying with the rule, given that they do not do a public securities business or do not hold inventories of securities. For these reasons, the staff estimates that the total compliance burden per year is 503,000 hours (5,030 respondents × 100 hours/respondent). 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 has 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 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. The Commission may not conduct or sponsor a collection of information unless it displays a currently valid control number. No person shall be subject to any penalty for failing to comply with a collection of information subject to the PRA that does not display a valid Office of Management and Budget (OMB) control number. 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 comments may be sent by e-mail to: PRA_Mailbox@sec.gov. Dated: March 2, 2011. Cathy H. Ahn, Deputy Secretary. [FR Doc. 2011–5280 Filed 3–8–11; 8:45 am] Emcdonald on DSK2BSOYB1PROD with NOTICES 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 VerDate Mar<15>2010 18:04 Mar 08, 2011 Jkt 223001 Education and Advocacy, Washington, DC 20549–0213. Extension: Rule 17a–2; SEC File No. 270–189; OMB Control No. 3235–0201. 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 17a–2 (17 CFR 240.17a–2)— Recordkeeping Requirements Relating to Stabilizing Activities Rule 17a–2 requires underwriters to maintain information regarding stabilizing activities conducted in accordance with Rule 104. The collections of information under Regulation M and Rule 17a–2 are necessary for covered persons to obtain certain benefits or to comply with certain requirements. The collections of information are necessary to provide the Commission with information regarding syndicate covering transactions and penalty bids. The Commission may review this information during periodic examinations or with respect to investigations. Except for the information required to be kept under Rule 104(i) (17 CFR 242.104(i)) and Rule 17a–2(c), none of the information required to be collected or disclosed for PRA purposes will be kept confidential. The recordkeeping requirement of Rule 17a–2 requires the information be maintained in a separate file, or in a separately retrievable format, for a period of three years, the first two years in an easily accessible place, consistent with the requirements of Exchange Act Rule 17a–4(f) (17 CFR 240.17a–4(f)). There are approximately 745 respondents per year that require an aggregate total of 3,725 hours to comply with this rule. Each respondent makes an estimated 1 annual response. Each response takes approximately 5 hours to complete. Thus, the total compliance burden per year is 3,725 burden hours. The total compliance cost for the respondents is approximately $212,213.25, resulting in a cost of compliance for the respondent per response of approximately $284.85 (i.e., $212,213.25/745 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 PO 00000 Frm 00070 Fmt 4703 Sfmt 4703 13001 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. The Commission may not conduct or sponsor a collection of information unless it displays a currently valid control number. No person shall be subject to any penalty for failing to comply with a collection of information subject to the PRA that does not display a valid Office of Management and Budget (OMB) control number. Please direct your written comments 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: March 2, 2011. Cathy H. Ahn, Deputy Secretary. [FR Doc. 2011–5281 Filed 3–8–11; 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 19b–7 and Form 19b–7; OMB Control No. 3235–0553; SEC File No. 270–495. 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 (‘‘OMB’’) a request for approval of extension of the existing collection of information provided for in Rule 19b–7 (17 CFR 240.19b–7) and Form 19b–7— Filings with respect to proposed rule changes submitted pursuant to Section 19b(7) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (‘‘Exchange Act’’). E:\FR\FM\09MRN1.SGM 09MRN1

Agencies

[Federal Register Volume 76, Number 46 (Wednesday, March 9, 2011)]
[Notices]
[Pages 13000-13001]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-5280]


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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 17a-13; SEC File No. 270-27; OMB Control No. 3235-0035.

    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 provided for in the following rule: Rule 17a-13 (17 CFR 
240.17a-13) under the Securities Exchange Act of 1934 (15 U.S.C. 78 et 
seq.). The Commission plans to submit a request for approval of 
extension of the existing collection of information to the Office of 
Management and Budget.
    Rule 17a-13(b) (17 CFR 17a-13(b)) generally requires that at least 
once each calendar quarter, all registered brokers and dealers 
physically examine and count all securities held and account for all 
other securities not in their possession, but subject to the broker-
dealer's control or direction. Any discrepancies between the broker-
dealer's securities count and the firm's records must be noted and, 
within seven days, the unaccounted for difference must be recorded in 
the firm's records. Rule 17a-13(c) (17 CFR 17a-13(c)) provides that 
under specified conditions, the securities counts, examination, and 
verification of the broker-dealer's entire list of securities may be 
conducted on a cyclical basis rather than on a certain date. Although 
Rule 17a-13 does not require filing a report with the Commission, 
discrepancies between a broker-dealer's records and the securities 
counts may be required to be reported, for example, as a loss on Form 
X-17a-5 (17 CFR 248.617), which must be filed with the Commission under 
Rule 17a-5 (17 CFR 17a-5). Rule 17a-13 exempts broker-dealers that 
limit their business to the sale and redemption of securities of 
registered investment companies and interests or participation in an 
insurance company separate account and those who solicit accounts for 
federally insured savings and loan associations, provided that such 
persons promptly transmit all funds and securities and hold no customer 
funds and securities. The Rule also does not apply to certain broker-
dealers required to register only because they effect transactions in 
securities futures products.
    The information obtained from Rule 17a-13 is used as an inventory 
control device to monitor a broker-dealer's ability to account for all 
securities held, in transfer, in transit, pledged, loaned, borrowed, 
deposited, or otherwise subject to the firm's control or direction. 
Discrepancies between the securities counts and the broker-dealer's 
records alert the Commission and the Self Regulatory Organizations 
(``SROs'') to those firms having problems in their back offices.
    Currently, there are approximately 5,030 broker-dealers registered 
with the Commission. However, given the variability in their 
businesses, it is difficult to quantify how many hours per year each 
broker-dealer spends complying with the Rule. As noted, the Rule 
requires a respondent to account for all securities in its possession. 
Many respondents hold few, if any, securities; while others hold large 
quantities. Therefore, the time burden of complying with the Rule will 
depend on respondent-specific factors, including size, number of 
customers, and

[[Page 13001]]

proprietary trading activity. The staff estimates that the average time 
spent per respondent is 100 hours per year on an ongoing basis to 
maintain the records required under the Rule. This estimate takes into 
account the fact that more than half the 5,030 respondents--according 
to financial reports filed with the Commission--may spend little or no 
time in complying with the rule, given that they do not do a public 
securities business or do not hold inventories of securities. For these 
reasons, the staff estimates that the total compliance burden per year 
is 503,000 hours (5,030 respondents x 100 hours/respondent).
    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 has 
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 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.
    The Commission may not conduct or sponsor a collection of 
information unless it displays a currently valid control number. No 
person shall be subject to any penalty for failing to comply with a 
collection of information subject to the PRA that does not display a 
valid Office of Management and Budget (OMB) control number.
    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 comments may be 
sent by e-mail to: PRA_Mailbox@sec.gov.

    Dated: March 2, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011-5280 Filed 3-8-11; 8:45 am]
BILLING CODE 8011-01-P