Proposed Collection; Comment Request, 22006 [2012-8792]
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Federal Register / Vol. 77, No. 71 / Thursday, April 12, 2012 / Notices
Practices Concerning Elevated Risk
Complex Structured Finance Activities
(‘‘Statement’’) under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.) (‘‘Exchange Act’’) and the
Investment Advisers Act of 1940 (15
U.S.C. 80b et seq.) (‘‘Advisers Act’’). The
Commission plans to submit this
existing collection of information to the
Office of Management and Budget
(‘‘OMB’’) for extension and approval.
The Statement was issued by the
Commission, together with the Office of
the Comptroller of the Currency, the
Board of Governors of the Federal
Reserve System, the Federal Deposit
Insurance Corporation, and the Office of
Thrift Supervision (together, the
‘‘Agencies’’), in May 2006. The
Statement describes the types of internal
controls and risk management
procedures that the Agencies believe are
particularly effective in assisting
financial institutions to identify and
address the reputational, legal, and
other risks associated with elevated risk
complex structured finance
transactions.
The primary purpose of the Statement
is to ensure that these transactions
receive enhanced scrutiny by the
institution and to ensure that the
institution does not participate in illegal
or inappropriate transactions.
The Commission estimates that
approximately 5 registered brokerdealers or investment advisers will
spend an average of approximately 25
hours per year complying with the
Statement. Thus, the total compliance
burden is estimated to be approximately
125 burden-hours per year.
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.
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
VerDate Mar<15>2010
16:27 Apr 11, 2012
Jkt 226001
a valid Office of Management and
Budget (OMB) control number.
Please direct your written comments
to: Thomas Bayer, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 6432 General Green Way,
Alexandria, Virginia 22312 or send an
email to: PRA_Mailbox@sec.gov.
Dated: April 6, 2012.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2012–8793 Filed 4–11–12; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Written comments are invited on: (a)
Whether this collection of information
is necessary for the proper performance
of the functions of the agency, including
whether the information will have
practical utility; (b) the accuracy of the
agency’s estimate of the burden imposed
by 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.
Please direct your written comments
to Thomas Bayer, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 6432 General Green Way,
Alexandria, Virginia 22312; or send an
email to: PRA_Mailbox@sec.gov.
Extension:
Regulation D and Form D, OMB Control
No. 3235–0076, SEC File No. 270–072.
Dated: April 6, 2012.
Kevin M. O’Neill,
Deputy Secretary.
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.
Regulation D (17 CFR 230.501 et seq.)
sets forth rules governing the limited
offer and sale of securities without
Securities Act registration. The purpose
of Form D (17 CFR 239.500) is to collect
empirical data, which provides a
continuing basis for action by the
Commission either in terms of
amending existing rules and regulations
or proposing new ones. In addition, the
Form D allows the Commission to elicit
information necessary in assessing the
effectiveness of Regulation D (17 CFR
230.501 et seq.) and Section 4(6) of the
Securities Act of 1933 (15 U.S.C. 77d(6))
as capital-raising devices for all
businesses. Approximately 25,000
issuers file Form D and it takes
approximately 4 hours per response. We
estimate that 25% of 4 hours per
response (1 hour per response) is
prepared by the issuer for an annual
reporting burden 25,000 hours (1 hour
per response × 25,000 responses). The
remaining 75% of the burden is
prepared by outside counsel.
[FR Doc. 2012–8792 Filed 4–11–12; 8:45 am]
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Fmt 4703
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BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–66761; File No. SR–EDGX–
2012–13]
Self-Regulatory Organizations; EDGX
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Relating to New EDGX
Rule 11.22 Requiring Members To
Input Accurate Information Into the
System
April 6, 2012.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on April 2,
2012, EDGX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘EDGX’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I, II, and
III below, which items have been
prepared by the Exchange. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
1 15
2 17
E:\FR\FM\12APN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
12APN1
Agencies
[Federal Register Volume 77, Number 71 (Thursday, April 12, 2012)]
[Notices]
[Page 22006]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-8792]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
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:
Regulation D and Form D, OMB Control No. 3235-0076, SEC File No.
270-072.
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.
Regulation D (17 CFR 230.501 et seq.) sets forth rules governing
the limited offer and sale of securities without Securities Act
registration. The purpose of Form D (17 CFR 239.500) is to collect
empirical data, which provides a continuing basis for action by the
Commission either in terms of amending existing rules and regulations
or proposing new ones. In addition, the Form D allows the Commission to
elicit information necessary in assessing the effectiveness of
Regulation D (17 CFR 230.501 et seq.) and Section 4(6) of the
Securities Act of 1933 (15 U.S.C. 77d(6)) as capital-raising devices
for all businesses. Approximately 25,000 issuers file Form D and it
takes approximately 4 hours per response. We estimate that 25% of 4
hours per response (1 hour per response) is prepared by the issuer for
an annual reporting burden 25,000 hours (1 hour per response x 25,000
responses). The remaining 75% of the burden is prepared by outside
counsel.
Written comments are invited on: (a) Whether this collection of
information is necessary for the proper performance of the functions of
the agency, including whether the information will have practical
utility; (b) the accuracy of the agency's estimate of the burden
imposed by 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.
Please direct your written comments to Thomas Bayer, Director/Chief
Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 6432 General Green Way, Alexandria, Virginia 22312; or
send an email to: PRA_Mailbox@sec.gov.
Dated: April 6, 2012.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-8792 Filed 4-11-12; 8:45 am]
BILLING CODE 8011-01-P