Proposed Collection; Comment Request, 36586-36587 [2012-14909]
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36586
Federal Register / Vol. 77, No. 118 / Tuesday, June 19, 2012 / Notices
are in compliance with the requirements
of 39 U.S.C. 3633(a)(2) and therefore has
met its burden of providing notice to the
Commission of changes in rates within
the scope of Governors’ Decision No.
09–15. Id. at 3.
Related administrative matters. The
Commission establishes Docket No.
CP2012–32 for consideration of matters
raised in the Notice. It has posted the
public portions of the instant filing at
https://www.prc.gov. Interested persons
are encouraged to review the Notice,
Attachments, and predecessor dockets
(which are also available for review at
the referenced Web site).
The Commission designates James F.
Callow as the Public Representative to
represent the interests of the general
public in this proceeding. Interested
persons may submit comments on
whether the Postal Service’s filings in
this case are consistent with 39 U.S.C.
3632, 3633, and 39 CFR part 3015.
Comments are due June 21, 2012.
It is ordered:
1. The Commission establishes Docket
No. CP2012–32 for consideration of the
matters raised in the Postal Service’s
June 11, 2012 Notice.
2. Comments by interested persons
are due no later than June 21, 2012.
3. Pursuant to 39 U.S.C. 505, James F.
Callow is appointed to serve as an
officer of the Commission (Public
Representative) to represent the interest
of the general public in this proceeding.
4. The Secretary shall arrange for
publication of this order in the Federal
Register.
By the Commission.
Shoshana M. Grove,
Secretary.
[FR Doc. 2012–14890 Filed 6–18–12; 8:45 am]
BILLING CODE 7710–FW–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
srobinson on DSK4SPTVN1PROD with NOTICES
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Rule 204; OMB Control No. 3235–0647;
SEC File No. 270–586.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.) (‘‘PRA’’), the
Securities and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the collection of information
provided for in Rule 204 (17 CFR
VerDate Mar<15>2010
16:39 Jun 18, 2012
Jkt 226001
242.204) under the Securities Exchange
Act of 1934 (15 U.S.C. 78a et seq.). The
Commission plans to submit this
existing collection of information to the
Office of Management and Budget
(‘‘OMB’’) for extension and approval.
Rule 204 requires that, subject to
certain limited exceptions, if a
participant of a registered clearing
agency has a fail to deliver position at
a registered clearing agency it must
immediately close out the fail to deliver
position by purchasing or borrowing
securities by no later than the beginning
of regular trading hours on the
settlement day following the day the
participant incurred the fail to deliver
position. Rule 204 is intended to help
further the Commission’s goal of
reducing fails to deliver by maintaining
the reductions in fails to deliver
achieved by the adoption of temporary
Rule 204T, as well as other actions
taken by the Commission. In addition,
Rule 204 is intended to help further the
Commission’s goal of addressing
potentially abusive ‘‘naked’’ short
selling in all equity securities.
The information collected under Rule
204 will continue to be retained and/or
provided to other entities pursuant to
the specific rule provisions and will be
available to the Commission and selfregulatory organization (‘‘SRO’’)
examiners upon request. The
information collected will continue to
aid the Commission and SROs in
monitoring compliance with these
requirements. In addition, the
information collected will aid those
subject to Rule 204 in complying with
its requirements. These collections of
information are mandatory.
Several provisions under Rule 204
will impose a ‘‘collection of
information’’ within the meaning of the
Paperwork Reduction Act.
I. Allocation Notification
Requirement: As of December 31, 2011,
there were 4,695 registered brokerdealers. Each of these broker-dealers
could clear trades through a participant
of a registered clearing agency and,
therefore, become subject to the
notification requirements of Rule
204(d). If a broker-dealer has been
allocated a portion of a fail to deliver
position in an equity security and after
the beginning of regular trading hours
on the applicable close-out date, the
broker-dealer has to determine whether
or not that portion of the fail to deliver
position was not closed out in
accordance with Rule 204(a), we
estimate that a broker-dealer will have
to make such determination with
respect to approximately 2.09 equity
PO 00000
Frm 00110
Fmt 4703
Sfmt 4703
securities per day.1 We estimate a total
of 2,472,762 notifications in accordance
with Rule 204(d) across all brokerdealers (that were allocated
responsibility to close out a fail to
deliver position) per year (4,695 brokerdealers notifying participants once per
day 2 on 2.09 securities, multiplied by
252 trading days in a year). The total
estimated annual burden hours per year
will be approximately 395,642 burden
hours (2,472,762 multiplied by 0.16
hours/notification).
II. Demonstration Requirement for
Fails to Deliver on Long Sales: As of
January 31, 2012, there were 191
participants of NSCC, the primary
registered clearing agency responsible
for clearing U.S. transactions that were
registered as broker-dealers.3 If a
participant of a registered clearing
agency has a fail to deliver position in
an equity security at a registered
clearing agency and determines that
such fail to deliver position resulted
from a long sale, we estimate that a
participant of a registered clearing
agency will have to make such
determination with respect to
approximately 35 securities per day.4
1 As stated in the adopting release for Interim
Final Temporary Rule 204T, the Commission’s
Office of Economic Analysis (‘‘OEA’’) estimates that
there are approximately 9,809 fail to deliver
positions per settlement day. Across 4,695 brokerdealers, the number of securities per broker-dealer
per day is approximately 2.09 equity securities.
During the period from January to July 2008,
approximately 4,321 new fail to deliver positions
occurred per day. The National Securities Clearing
Corporation (‘‘NSCC’’) data for this period includes
only securities with at least 10,000 shares in fails
to deliver. To account for securities with fails to
deliver below 10,000 shares, the figure is multiplied
by a factor of 2.27. The factor is estimated from a
more complete data set obtained from NSCC during
the period from September 16, 2008 to September
22, 2008. It should be noted that these numbers
include securities that were not subject to the closeout requirement of Rule 203(b)(3) of Regulation
SHO. Exchange Act Release No. 58733 (Oct. 14,
2008), 73 FR 61706, 61718 n.107 (Oct. 17, 2008)
(‘‘Rule 204T Adopting Release’’).
2 Because failure to comply with the close-out
requirements of Rule 204(a) is a violation of the
rule, we believe that a broker-dealer would make
the notification to a participant that it is subject to
the borrowing requirements of Rule 204(b) at most
once per day.
3 Those participants not registered as brokerdealers include such entities as banks, U.S.registered exchanges, and clearing agencies.
Although these entities are participants of a
registered clearing agency, generally these entities
do not engage in the types of activities that will
implicate the close-out requirements of the rule.
Such activities of these entities include creating and
redeeming Exchange Traded Funds, trading in
municipal securities, and using NSCC’s Envelope
Settlement Service or Inter-city Envelope
Settlement Service. These activities rarely lead to
fails to deliver and, if fails to deliver do occur, they
are small in number and are usually closed out
within a day.
4 OEA estimates approximately 68% of trades are
long sales and applies this percentage to the
E:\FR\FM\19JNN1.SGM
19JNN1
Federal Register / Vol. 77, No. 118 / Tuesday, June 19, 2012 / Notices
srobinson on DSK4SPTVN1PROD with NOTICES
We estimate a total of 1,684,620
demonstrations in accordance with Rule
204(a)(1) across all participants per year
(191 participants checking for
compliance once per day on 35
securities, multiplied by 252 trading
days in a year). The total approximate
estimated annual burden hour per year
will be approximately 269,540 burden
hours (1,684,620 multiplied by 0.16
hours/documentation).
III. Pre-Borrow Notification
Requirement: As of January 31, 2012,
there were 191 participants of NSCC,
the primary registered clearing agency
responsible for clearing U.S.
transactions that were registered as
broker-dealers.5 If a participant of a
registered clearing agency has a fail to
deliver position in an equity security
and after the beginning of regular
trading hours on the applicable closeout date, the participant has to
determine whether or not the fail to
deliver position was closed out in
accordance with Rule 204(a), we
estimate that a participant of a
registered clearing agency will have to
make such determination with respect
to approximately 51 equity securities
per day.6 We estimate a total of
2,454,732 notifications in accordance
with Rule 204(c) across all participants
per year (191 participants notifying
broker-dealers once per day on 51
securities, multiplied by 252 trading
days in a year). The total estimated
annual burden hours per year will be
approximately 392,758 burden hours
(2,454,732 @ 0.16 hours/
documentation).
IV. Certification Requirement: If the
broker-dealer determines that it has not
number of fail to deliver positions per day. OEA
estimates that there are approximately 9,809 fail to
deliver positions per settlement day. Across 191
broker-dealer participants of the NSCC, the number
of securities per participant per day is
approximately 51 equity securities. 68% of 51
securities per day is approximately 35 securities per
day. The 68% figure is estimated as 100% minus
the proportion of short sale trades found in the
Regulation SHO Pilot Study. See https://
www.sec.gov/news/studies/2007/
regshopilot020607.pdf.
5 See supra note 3.
6 OEA estimates that there are approximately
9,809 fail to deliver positions per day. Across 191
broker-dealer participants of the NSCC, the number
of securities per participant per day is
approximately 51 equity securities. During the
period from January to July 2008, approximately
4,321 new fail to deliver positions occurred per day.
The NSCC data for this period includes only
securities with at least 10,000 shares in fails to
deliver. To account for securities with fails to
deliver below 10,000 shares, the figure is grossedup by a factor of 2.27. The factor is estimated from
a more complete data set obtained from NSCC
during the period from September 16, 2008 to
September 22, 2008. It should be noted that these
numbers include securities that were not subject to
the close-out requirement of Rule 203(b)(3) of
Regulation SHO.
VerDate Mar<15>2010
16:39 Jun 18, 2012
Jkt 226001
incurred a fail to deliver position on
settlement date in an equity security for
which the participant has a fail to
deliver position at a registered clearing
agency or has purchased securities in
accordance with the conditions
specified in Rule 204(e), we estimate
that a broker-dealer will have to make
such determinations with respect to
approximately 2.09 securities per day.
As of December 31, 2011, there were
4,695 registered broker-dealers. Each of
these broker-dealers may clear trades
through a participant of a registered
clearing agency. We estimate that on
average, a broker-dealer will have to
certify to the participant that it has not
incurred a fail to deliver position on
settlement date in an equity security for
which the participant has a fail to
deliver position at a registered clearing
agency or, alternatively, that it is in
compliance with the requirements set
forth in Rule 204(e), 2,472,762 times per
year (4,695 broker-dealers certifying
once per day on 2.09 securities,
multiplied by 252 trading days in a
year). The total approximate estimated
annual burden hour per year will be
approximately 395,642 burden hours
(2,472,762 multiplied by 0.16 hours/
certification).
V. Pre-Fail Credit Demonstration
Requirement: If a broker-dealer
purchases or borrows securities in
accordance with the conditions
specified in Rule 204(e) and determines
that it has a net long position or net flat
position on the settlement day on which
the broker-dealer purchases or borrows
securities we estimate that a brokerdealer will have to make such
determination with respect to
approximately 2.09 securities per day.7
As of December 31, 2011, there were
4,695 registered broker-dealers. We
estimate that on average, a broker-dealer
will have to demonstrate in its books
and records that it has a net long
position or net flat position on the
settlement day for which the brokerdealer is claiming credit, 2,472,762
times per year (4,695 broker-dealers
checking for compliance once per day
on 2.09 securities, multiplied by 252
trading days in a year). The total
approximate estimated annual burden
hour per year will be approximately
395,642 burden hours (2,472,762
multiplied by 0.16 hours/
demonstration).
The total aggregate annual burden for
the collection of information undertaken
pursuant to all five provisions is thus
1,849,224 hours per year (395,642 +
269,540 + 392,758 + 395,642 + 395,642).
7 See
PO 00000
supra note 1.
Frm 00111
Fmt 4703
Sfmt 4703
36587
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 OMB
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 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: June 14, 2012.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2012–14909 Filed 6–18–12; 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.
Extension:
Rule 12b–1; SEC File No. 270–188; OMB
Control No. 3235–0212.
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 existing collection
of information to the Office of
Management and Budget for extension
and approval.
E:\FR\FM\19JNN1.SGM
19JNN1
Agencies
[Federal Register Volume 77, Number 118 (Tuesday, June 19, 2012)]
[Notices]
[Pages 36586-36587]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-14909]
=======================================================================
-----------------------------------------------------------------------
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:
Rule 204; OMB Control No. 3235-0647; SEC File No. 270-586.
Notice is hereby given that pursuant to the Paperwork Reduction Act
of 1995 (44 U.S.C. 3501 et seq.) (``PRA''), the Securities and Exchange
Commission (``Commission'') is soliciting comments on the collection of
information provided for in Rule 204 (17 CFR 242.204) under the
Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.). The Commission
plans to submit this existing collection of information to the Office
of Management and Budget (``OMB'') for extension and approval.
Rule 204 requires that, subject to certain limited exceptions, if a
participant of a registered clearing agency has a fail to deliver
position at a registered clearing agency it must immediately close out
the fail to deliver position by purchasing or borrowing securities by
no later than the beginning of regular trading hours on the settlement
day following the day the participant incurred the fail to deliver
position. Rule 204 is intended to help further the Commission's goal of
reducing fails to deliver by maintaining the reductions in fails to
deliver achieved by the adoption of temporary Rule 204T, as well as
other actions taken by the Commission. In addition, Rule 204 is
intended to help further the Commission's goal of addressing
potentially abusive ``naked'' short selling in all equity securities.
The information collected under Rule 204 will continue to be
retained and/or provided to other entities pursuant to the specific
rule provisions and will be available to the Commission and self-
regulatory organization (``SRO'') examiners upon request. The
information collected will continue to aid the Commission and SROs in
monitoring compliance with these requirements. In addition, the
information collected will aid those subject to Rule 204 in complying
with its requirements. These collections of information are mandatory.
Several provisions under Rule 204 will impose a ``collection of
information'' within the meaning of the Paperwork Reduction Act.
I. Allocation Notification Requirement: As of December 31, 2011,
there were 4,695 registered broker-dealers. Each of these broker-
dealers could clear trades through a participant of a registered
clearing agency and, therefore, become subject to the notification
requirements of Rule 204(d). If a broker-dealer has been allocated a
portion of a fail to deliver position in an equity security and after
the beginning of regular trading hours on the applicable close-out
date, the broker-dealer has to determine whether or not that portion of
the fail to deliver position was not closed out in accordance with Rule
204(a), we estimate that a broker-dealer will have to make such
determination with respect to approximately 2.09 equity securities per
day.\1\ We estimate a total of 2,472,762 notifications in accordance
with Rule 204(d) across all broker-dealers (that were allocated
responsibility to close out a fail to deliver position) per year (4,695
broker-dealers notifying participants once per day \2\ on 2.09
securities, multiplied by 252 trading days in a year). The total
estimated annual burden hours per year will be approximately 395,642
burden hours (2,472,762 multiplied by 0.16 hours/notification).
---------------------------------------------------------------------------
\1\ As stated in the adopting release for Interim Final
Temporary Rule 204T, the Commission's Office of Economic Analysis
(``OEA'') estimates that there are approximately 9,809 fail to
deliver positions per settlement day. Across 4,695 broker-dealers,
the number of securities per broker-dealer per day is approximately
2.09 equity securities. During the period from January to July 2008,
approximately 4,321 new fail to deliver positions occurred per day.
The National Securities Clearing Corporation (``NSCC'') data for
this period includes only securities with at least 10,000 shares in
fails to deliver. To account for securities with fails to deliver
below 10,000 shares, the figure is multiplied by a factor of 2.27.
The factor is estimated from a more complete data set obtained from
NSCC during the period from September 16, 2008 to September 22,
2008. It should be noted that these numbers include securities that
were not subject to the close-out requirement of Rule 203(b)(3) of
Regulation SHO. Exchange Act Release No. 58733 (Oct. 14, 2008), 73
FR 61706, 61718 n.107 (Oct. 17, 2008) (``Rule 204T Adopting
Release'').
\2\ Because failure to comply with the close-out requirements of
Rule 204(a) is a violation of the rule, we believe that a broker-
dealer would make the notification to a participant that it is
subject to the borrowing requirements of Rule 204(b) at most once
per day.
---------------------------------------------------------------------------
II. Demonstration Requirement for Fails to Deliver on Long Sales:
As of January 31, 2012, there were 191 participants of NSCC, the
primary registered clearing agency responsible for clearing U.S.
transactions that were registered as broker-dealers.\3\ If a
participant of a registered clearing agency has a fail to deliver
position in an equity security at a registered clearing agency and
determines that such fail to deliver position resulted from a long
sale, we estimate that a participant of a registered clearing agency
will have to make such determination with respect to approximately 35
securities per day.\4\
[[Page 36587]]
We estimate a total of 1,684,620 demonstrations in accordance with Rule
204(a)(1) across all participants per year (191 participants checking
for compliance once per day on 35 securities, multiplied by 252 trading
days in a year). The total approximate estimated annual burden hour per
year will be approximately 269,540 burden hours (1,684,620 multiplied
by 0.16 hours/documentation).
---------------------------------------------------------------------------
\3\ Those participants not registered as broker-dealers include
such entities as banks, U.S.-registered exchanges, and clearing
agencies. Although these entities are participants of a registered
clearing agency, generally these entities do not engage in the types
of activities that will implicate the close-out requirements of the
rule. Such activities of these entities include creating and
redeeming Exchange Traded Funds, trading in municipal securities,
and using NSCC's Envelope Settlement Service or Inter-city Envelope
Settlement Service. These activities rarely lead to fails to deliver
and, if fails to deliver do occur, they are small in number and are
usually closed out within a day.
\4\ OEA estimates approximately 68% of trades are long sales and
applies this percentage to the number of fail to deliver positions
per day. OEA estimates that there are approximately 9,809 fail to
deliver positions per settlement day. Across 191 broker-dealer
participants of the NSCC, the number of securities per participant
per day is approximately 51 equity securities. 68% of 51 securities
per day is approximately 35 securities per day. The 68% figure is
estimated as 100% minus the proportion of short sale trades found in
the Regulation SHO Pilot Study. See https://www.sec.gov/news/studies/2007/regshopilot020607.pdf.
---------------------------------------------------------------------------
III. Pre-Borrow Notification Requirement: As of January 31, 2012,
there were 191 participants of NSCC, the primary registered clearing
agency responsible for clearing U.S. transactions that were registered
as broker-dealers.\5\ If a participant of a registered clearing agency
has a fail to deliver position in an equity security and after the
beginning of regular trading hours on the applicable close-out date,
the participant has to determine whether or not the fail to deliver
position was closed out in accordance with Rule 204(a), we estimate
that a participant of a registered clearing agency will have to make
such determination with respect to approximately 51 equity securities
per day.\6\ We estimate a total of 2,454,732 notifications in
accordance with Rule 204(c) across all participants per year (191
participants notifying broker-dealers once per day on 51 securities,
multiplied by 252 trading days in a year). The total estimated annual
burden hours per year will be approximately 392,758 burden hours
(2,454,732 @ 0.16 hours/documentation).
---------------------------------------------------------------------------
\5\ See supra note 3.
\6\ OEA estimates that there are approximately 9,809 fail to
deliver positions per day. Across 191 broker-dealer participants of
the NSCC, the number of securities per participant per day is
approximately 51 equity securities. During the period from January
to July 2008, approximately 4,321 new fail to deliver positions
occurred per day. The NSCC data for this period includes only
securities with at least 10,000 shares in fails to deliver. To
account for securities with fails to deliver below 10,000 shares,
the figure is grossed-up by a factor of 2.27. The factor is
estimated from a more complete data set obtained from NSCC during
the period from September 16, 2008 to September 22, 2008. It should
be noted that these numbers include securities that were not subject
to the close-out requirement of Rule 203(b)(3) of Regulation SHO.
---------------------------------------------------------------------------
IV. Certification Requirement: If the broker-dealer determines that
it has not incurred a fail to deliver position on settlement date in an
equity security for which the participant has a fail to deliver
position at a registered clearing agency or has purchased securities in
accordance with the conditions specified in Rule 204(e), we estimate
that a broker-dealer will have to make such determinations with respect
to approximately 2.09 securities per day. As of December 31, 2011,
there were 4,695 registered broker-dealers. Each of these broker-
dealers may clear trades through a participant of a registered clearing
agency. We estimate that on average, a broker-dealer will have to
certify to the participant that it has not incurred a fail to deliver
position on settlement date in an equity security for which the
participant has a fail to deliver position at a registered clearing
agency or, alternatively, that it is in compliance with the
requirements set forth in Rule 204(e), 2,472,762 times per year (4,695
broker-dealers certifying once per day on 2.09 securities, multiplied
by 252 trading days in a year). The total approximate estimated annual
burden hour per year will be approximately 395,642 burden hours
(2,472,762 multiplied by 0.16 hours/certification).
V. Pre-Fail Credit Demonstration Requirement: If a broker-dealer
purchases or borrows securities in accordance with the conditions
specified in Rule 204(e) and determines that it has a net long position
or net flat position on the settlement day on which the broker-dealer
purchases or borrows securities we estimate that a broker-dealer will
have to make such determination with respect to approximately 2.09
securities per day.\7\ As of December 31, 2011, there were 4,695
registered broker-dealers. We estimate that on average, a broker-dealer
will have to demonstrate in its books and records that it has a net
long position or net flat position on the settlement day for which the
broker-dealer is claiming credit, 2,472,762 times per year (4,695
broker-dealers checking for compliance once per day on 2.09 securities,
multiplied by 252 trading days in a year). The total approximate
estimated annual burden hour per year will be approximately 395,642
burden hours (2,472,762 multiplied by 0.16 hours/demonstration).
---------------------------------------------------------------------------
\7\ See supra note 1.
---------------------------------------------------------------------------
The total aggregate annual burden for the collection of information
undertaken pursuant to all five provisions is thus 1,849,224 hours per
year (395,642 + 269,540 + 392,758 + 395,642 + 395,642).
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 OMB 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 OMB control number.
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: June 14, 2012.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-14909 Filed 6-18-12; 8:45 am]
BILLING CODE 8011-01-P