National Science Board; Sunshine Act Meetings; Notice, 37380-37381 [2011-16112]
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37380
Federal Register / Vol. 76, No. 123 / Monday, June 27, 2011 / Notices
(Closed to the Public)
NATIONAL SCIENCE FOUNDATION
Discussion of Specific Grant
Applications and Programs Before the
Council
Committee Management Renewals
10:30 a.m. until
Challenge Grants and Adjourned
Federal/State Partnership—Room
507
Digital Humanities—Room 402
Education Programs—Room M–07
Preservation and Access—Room 415
Public Programs—Room 421
Research Programs—Room 315
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2–3:30 p.m.
Jefferson Lecture/National Humanities
Medals Committee—Room 527
The morning session of the meeting
on July 15, 2011 will convene at 9 a.m.,
in the first floor Council Room M–09,
and will be open to the public, as set out
below. The agenda for the morning
session will be as follows:
A. Minutes of the Previous Meeting
B. Reports
1. Introductory Remarks
2. Presentation on the 400th
Anniversary of the King James Bible
by Dr. Stephen Enniss, Chief
Librarian of the Folger Shakespeare
Library
3. Staff Report
4. Congressional Report
5. Budget Report
6. Reports on Policy and General
Matters
a. Challenge Grants and Federal/State
Partnership
b. Digital Humanities
c. Education Programs
d. Preservation and Access
e. Public Programs
f. Research Programs
g. Jefferson Lecture/National
Humanities Medals
The remainder of the proposed
meeting will be given to the
consideration of specific applications
and will be closed to the public for the
reasons stated above.
Further information about this
meeting can be obtained from Michael
P. McDonald, Advisory Committee
Management Officer, National
Endowment for the Humanities, 1100
Pennsylvania Avenue, NW.,
Washington, DC 20506, or by calling
(202) 606–8322, TDD (202) 606–8282.
Advance notice of any special needs or
accommodations is appreciated.
Michael P. McDonald,
Advisory Committee Management Officer.
[FR Doc. 2011–15967 Filed 6–24–11; 8:45 am]
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The National Science Foundation
(NSF) management officials having
responsibility for the advisory
committees listed below have
determined that renewing these groups
for another two years is necessary and
in the public interest in connection with
the performance of duties imposed upon
the Director, National Science
Foundation (NSF), by 42 U.S.C. 1861 et
seq. This determination follows
consultation with the Committee
Management Secretariat, General
Services Administration.
Committees:
Proposal Review Panel for Research on
Learning in Formal and Informal
Settings, #59
Advisory Committee for Biological
Sciences, #1110
Advisory Committee for Education and
Human Resources, #1119
Advisory Committee for Polar Programs,
#1130
Advisory Committee for Engineering,
#1170
Alan T. Waterman Award Committee,
#1172
Advisory Panel for Integrative
Activities, #1373
Proposal Review Panel for Earth
Sciences, #1569
Advisory Committee for Geosciences,
#1755
Proposal Review Panel for Geosciences,
#1756
Proposal Review Panel for Social
Behavioral and Economic Sciences,
#1766
Proposal Review Panel for Biological
Infrastructure, #10743
Proposal Review Panel for
Environmental Biology, #10744
Proposal Review Panel for Integrative
Organismal Systems, #10745
Proposal Review Panel for Molecular
and Cellular Biosciences, #10746
Proposal Review Panel for Behavioral
and Cognitive Sciences, #10747
Proposal Review Panel for Social and
Economic Sciences, #10748
Proposal Review Panel for International
Science and Engineering, #10749
Proposal Review Panel for Atmospheric
and Geospace Sciences, #10751
Proposal Review Panel for Ocean
Sciences, #10752
Advisory Committee for
Cyberinfrastructure, #25150
Effective date for renewal is July 1,
2011. For more information, please
contact Susanne Bolton, NSF, at (703)
292–7488.
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Dated: June 22, 2011.
Susanne Bolton,
Committee Management Officer.
[FR Doc. 2011–16020 Filed 6–24–11; 8:45 am]
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NATIONAL SCIENCE FOUNDATION
National Science Board; Sunshine Act
Meetings; Notice
The National Science Board’s
Committee on Strategy and Budget,
pursuant to NSF regulations (45 CFR
Part 614), the National Science
Foundation Act, as amended (42 U.S.C.
1862n–5), and the Government in the
Sunshine Act (5 U.S.C. 552b), hereby
gives notice in regard to the scheduling
of meetings for the transaction of
National Science Board business and
other matters specified, as follows:
DATE AND TIME: Wednesday, July 6, 2011
at 8 a.m.–3 p.m., EDT.
SUBJECT MATTER: Discussion of NSF’s
FY 2013 Budget.
STATUS: Closed.
This meeting will be held by
teleconference originating at the
National Science Board Office, National
Science Foundation, 4201 Wilson Blvd.,
Arlington, VA 22230.
Please refer to the National Science
Board Web site (https://www.nsf.gov/nsb/
notices/) for information or schedule
updates, or contact: Blane Dahl,
National Science Foundation, 4201
Wilson Blvd., Arlington, VA 22230.
Telephone: (703) 292–7000.
Ann Ferrante,
Writer-Editor.
[FR Doc. 2011–16101 Filed 6–23–11; 11:15 am]
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NATIONAL SCIENCE FOUNDATION
National Science Board; Sunshine Act
Meetings; Notice
The National Science Board’s
Committee on Strategy and Budget,
pursuant to NSF regulations (45 CFR
part 614), the National Science
Foundation Act, as amended (42 U.S.C.
1862n–5), and the Government in the
Sunshine Act (5 U.S.C. 552b), hereby
gives notice in regard to the scheduling
of meetings for the transaction of
National Science Board business and
other matters specified, as follows:
DATE AND TIME: Wednesday, July 6th at
8 a.m.–3 p.m., E.D.T.
SUBJECT MATTER: Discussion of NSF’s
FY 2013 Budget.
STATUS: Closed.
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Federal Register / Vol. 76, No. 123 / Monday, June 27, 2011 / Notices
This meeting will be held at the
National Science Foundation, 4201
Wilson Blvd., Arlington, VA 22230.
Please refer to the National Science
Board Web site (https://www.nsf.gov/nsb/
notices/) for information or schedule
updates, or contact: Blane Dahl,
National Science Foundation, 4201
Wilson Blvd., Arlington, VA 22230.
Telephone: (703) 292–7000.
Ann Ferrante,
Writer-Editor.
[FR Doc. 2011–16112 Filed 6–23–11; 4:15 pm]
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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.
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Extension:
Rule 15g–2; SEC File No. 270–381; OMB
Control No. 3235–0434.
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.
The ‘‘Penny Stock Disclosure Rules’’
(Rule 15g–2, 17 CFR 240.15g–2) require
broker-dealers to provide their
customers with a risk disclosure
document, as set forth in Schedule 15G,
prior to their first non-exempt
transaction in a ‘‘penny stock.’’ As
amended, the rule requires brokerdealers to obtain written
acknowledgement from the customer
that he or she has received the required
risk disclosure document. The amended
rule also requires broker-dealers to
maintain a copy of the customer’s
written acknowledgement for at least
three years following the date on which
the risk disclosure document was
provided to the customer, the first two
years in an accessible place.
The risk disclosure documents are for
the benefit of the customers, to assure
that they are aware of the risks of
trading in ‘‘penny stocks’’ before they
enter into a transaction. The risk
disclosure documents are maintained by
the broker-dealers and may be reviewed
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during the course of an examination by
the Commission.
There are approximately 253 brokerdealers that could potentially be subject
to current Rule 15g–2. The Commission
estimates that approximately 5% of
registered broker-dealers are engaged in
penny stock transactions, and thereby
subject to the Rule (5% × approximately
5,063 registered broker-dealers = 253
broker-dealers). The Commission
estimates that each one of these firms
processes an average of three new
customers for penny stocks per week.
Thus, each respondent processes
approximately 156 penny stock
disclosure documents per year. If
communications in tangible form alone
are used to satisfy the requirements of
Rule 15g–2, then the copying and
mailing of the penny stock disclosure
document takes no more than two
minutes. Thus, the total associated
burden is approximately 2 minutes per
response, or an aggregate total of 312
minutes per respondent. Since there are
253 respondents, the current annual
burden is 78,936 minutes (312 minutes
per each of the 253 respondents) or
1,316 hours for this third party
disclosure burden. In addition, brokerdealers incur a recordkeeping burden of
approximately two minutes per
response when filing the completed
penny stock disclosure documents as
required pursuant to the Rule
15(g)(2)(c), which requires a brokerdealer to preserve a copy of the written
acknowledgement pursuant to Rule
17a–4(b) of the Exchange Act,. Since
there are approximately 156 responses
for each respondent, the respondents
incur an aggregate recordkeeping
burden of 78,936 minutes (253
respondents × 156 responses for each ×
2 minutes per response) or 1,316 hours,
under Rule 15g–2. Accordingly, the
current aggregate annual hour burden
associated with Rule 15g–2 (that is,
assuming that all respondents provide
tangible copies of the required
documents) is approximately 2,632
hours (1,316 third party disclosure
hours + 1,316 recordkeeping hours).
The burden hours associated with
Rule 15g–2 may be slightly reduced
when the penny stock disclosure
document required under the rule is
provided through electronic means such
as e-mail from the broker-dealer (e.g.,
the broker-dealer respondent may take
only one minute, instead of the two
minutes estimated above, to provide the
penny stock disclosure document by email to its customer). In this regard, if
each of the customer respondents
estimated above communicates with his
or her broker-dealer electronically, the
total ongoing respondent burden is
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approximately 1 minute per response, or
an aggregate total of 156 minutes (156
customers × 1 minutes per respondent).
Assuming 253 respondents, the annual
third party disclosure burden, if
electronic communications were used
by all customers, is 39,468 minutes (156
minutes per each of the 253
respondents) or 658 hours. If all
respondents were to use electronic
means, the recordkeeping burden is
78,936 minutes or 1,316 hours (the same
as above). Thus, if all broker-dealer
respondents obtain and send the
documents required under the rules
electronically, the aggregate annual hour
burden associated with Rule 15g–2 is
1,974 (658 hours + 1,316 hours).
In addition, if the penny stock
customer requests a paper copy of the
information on the Commission’s Web
site regarding microcap securities,
including penny stocks, from his or her
broker-dealer, the printing and mailing
of the document containing this
information takes no more than two
minutes per customer. Because many
investors have access to the
Commission’s Web site via computers
located in their homes, or in easily
accessible public places such as
libraries, then, at most, a quarter of
customers who are required to receive
the Rule 15g–2 disclosure document
request that their broker-dealer provide
them with the additional microcap and
penny stock information posted on the
Commission’s Web site. Thus, each
broker-dealer respondent processes
approximately 39 requests for paper
copies of this information per year or an
aggregate total of 78 minutes per
respondent (2 minutes per customer ×
39 requests per respondent). Since there
are 253 respondents, the estimated
annual burden is 19,734 minutes (78
minutes per each of the 253
respondents) or 329 hours. This is a
third party disclosure type of burden.
We have no way of knowing how
many broker-dealers and customers will
choose to communicate electronically.
Assuming that 50 percent of
respondents continue to provide
documents and obtain signatures in
tangible form and 50 percent choose to
communicate electronically to satisfy
the requirements of Rule 15g–2, the total
aggregate burden hours is 3,948
((aggregate burden hours for documents
and signatures in tangible form × 0.50 of
the respondents = 1,316 hours) +
(aggregate burden hours for
electronically signed and transmitted
documents × 0.50 of the respondents =
987 hours) + (aggregate burden hours for
recordkeeping of tangible documents ×
0.50 of the respondents = 658) +
(aggregate burden hours for
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Agencies
[Federal Register Volume 76, Number 123 (Monday, June 27, 2011)]
[Notices]
[Pages 37380-37381]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-16112]
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NATIONAL SCIENCE FOUNDATION
National Science Board; Sunshine Act Meetings; Notice
The National Science Board's Committee on Strategy and Budget,
pursuant to NSF regulations (45 CFR part 614), the National Science
Foundation Act, as amended (42 U.S.C. 1862n-5), and the Government in
the Sunshine Act (5 U.S.C. 552b), hereby gives notice in regard to the
scheduling of meetings for the transaction of National Science Board
business and other matters specified, as follows:
DATE AND TIME: Wednesday, July 6th at 8 a.m.-3 p.m., E.D.T.
SUBJECT MATTER: Discussion of NSF's FY 2013 Budget.
STATUS: Closed.
[[Page 37381]]
This meeting will be held at the National Science Foundation, 4201
Wilson Blvd., Arlington, VA 22230.
Please refer to the National Science Board Web site (https://www.nsf.gov/nsb/notices/) for information or schedule updates, or
contact: Blane Dahl, National Science Foundation, 4201 Wilson Blvd.,
Arlington, VA 22230. Telephone: (703) 292-7000.
Ann Ferrante,
Writer-Editor.
[FR Doc. 2011-16112 Filed 6-23-11; 4:15 pm]
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