Proposed Collection; Comment Request, 6361-6362 [2013-01936]
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Federal Register / Vol. 78, No. 20 / Wednesday, January 30, 2013 / Notices
it filed with the Postal Regulatory
Commission a Request of the United
States Postal Service to Add Express
Mail Contract 12 to Competitive Product
List. Documents are available at
www.prc.gov, Docket Nos. MC2012–36,
CP2012–44.
Stanley F. Mires,
Attorney, Legal Policy & Legislative Advice.
[FR Doc. 2013–01900 Filed 1–29–13; 8:45 am]
BILLING CODE 7710–12–P
The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on January 23,
2013, it filed with the Postal Regulatory
Commission a Request of the United
States Postal Service to Add Express
Mail & Priority Mail Contract 13 to
Competitive Product List. Documents
are available at www.prc.gov, Docket
Nos. MC2013–34, CP2013–45.
SUPPLEMENTARY INFORMATION:
Stanley F. Mires,
Attorney, Legal Policy & Legislative Advice.
POSTAL SERVICE
[FR Doc. 2013–01902 Filed 1–29–13; 8:45 am]
BILLING CODE 7710–12–P
Product Change—Priority Mail
Negotiated Service Agreement
SECURITIES AND EXCHANGE
COMMISSION
Postal ServiceTM.
Notice.
AGENCY:
ACTION:
The Postal Service gives
notice of filing a request with the Postal
Regulatory Commission to add a
domestic shipping services contract to
the list of Negotiated Service
Agreements in the Mail Classification
Schedule’s Competitive Products List.
DATES: Effective date: January 30, 2013.
FOR FURTHER INFORMATION CONTACT:
Elizabeth A. Reed, 202–268–3179.
SUPPLEMENTARY INFORMATION: The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on January 23,
2013, it filed with the Postal Regulatory
Commission a Request of the United
States Postal Service to Add Priority
Mail Contract 52 to Competitive Product
List. Documents are available at
www.prc.gov, Docket Nos. MC2013–35,
CP2013–46.
SUMMARY:
Stanley F. Mires,
Attorney, Legal Policy & Legislative Advice.
[FR Doc. 2013–01899 Filed 1–29–13; 8:45 am]
BILLING CODE 7710–12–P
POSTAL SERVICE
Product Change—Express Mail and
Priority Mail Negotiated Service
Agreement
Postal ServiceTM.
Notice.
AGENCY:
ACTION:
The Postal Service gives
notice of filing a request with the Postal
Regulatory Commission to add a
domestic shipping services contract to
the list of Negotiated Service
Agreements in the Mail Classification
Schedule’s Competitive Products List.
DATES: Effective date: January 30, 2013.
FOR FURTHER INFORMATION CONTACT:
Elizabeth A. Reed, 202–268–3179.
mstockstill on DSK4VPTVN1PROD with
SUMMARY:
VerDate Mar<15>2010
20:43 Jan 29, 2013
Jkt 229001
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 248.30; OMB Control No. 3235–0610,
SEC File No. 270–549.
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.
Rule 248.30 (17 CFR 248.30), under
Regulation S–P is titled ‘‘Procedures to
Safeguard Customer Records and
Information; Disposal of Consumer
Report Information.’’ Rule 248.30 (the
‘‘safeguard rule’’) requires brokers,
dealers, investment companies, and
investment advisers registered with the
Commission (‘‘registered investment
advisers’’) (collectively ‘‘covered
institutions’’) to adopt written policies
and procedures for administrative,
technical, and physical safeguards to
protect customer records and
information. The safeguards must be
reasonably designed to ‘‘insure the
security and confidentiality of customer
records and information,’’ ‘‘protect
against any anticipated threats or
hazards to the security and integrity’’ of
those records, and protect against
unauthorized access to or use of those
records or information, which ‘‘could
result in substantial harm or
inconvenience to any customer.’’ The
safeguard rule’s requirement that
PO 00000
Frm 00073
Fmt 4703
Sfmt 4703
6361
covered institutions’ policies and
procedures be documented in writing
constitutes a collection of information
and must be maintained on an ongoing
basis. This requirement eliminates
uncertainty as to required employee
actions to protect customer records and
information and promotes more
systematic and organized reviews of
safeguard policies and procedures by
institutions. The information collection
also assists the Commission’s
examination staff in assessing the
existence and adequacy of covered
institutions’ safeguard policies and
procedures.
We estimate that as of the end of
2011, there are 4,695 broker-dealers,
4,203 investment companies, and
11,658 investment advisers currently
registered with the Commission, for a
total of 20,556 covered institutions. We
believe that all of these covered
institutions have already documented
their safeguard policies and procedures
in writing and therefore will incur no
hourly burdens related to the initial
documentation of policies and
procedures.
Although existing covered institutions
would not incur any initial hourly
burden in complying with the
safeguards rule, we expect that newly
registered institutions would incur some
hourly burdens associated with
documenting their safeguard policies
and procedures. We estimate that
approximately 1,500 broker-dealers,
investment companies, or investment
advisers register with the Commission
annually. However, we also expect that
approximately 70% of these newly
registered covered institutions (1,050)
are affiliated with an existing covered
institution, and will rely on an
organization-wide set of previously
documented safeguard policies and
procedures created by their affiliates.
We estimate that these affiliated newly
registered covered institutions will
incur a significantly reduced hourly
burden in complying with the
safeguards rule, as they will need only
to review their affiliate’s existing
policies and procedures, and identify
and adopt the relevant policies for their
business. Therefore, we expect that
newly registered covered institutions
with existing affiliates will incur an
hourly burden of approximately 15
hours in identifying and adopting
safeguard policies and procedures for
their business, for a total hourly burden
for all affiliated new institutions of
15,750 hours.
Finally, we expect that the 450 newly
registered entities that are not affiliated
with an existing institution will incur a
significantly higher hourly burden in
E:\FR\FM\30JAN1.SGM
30JAN1
6362
Federal Register / Vol. 78, No. 20 / Wednesday, January 30, 2013 / Notices
mstockstill on DSK4VPTVN1PROD with
reviewing and documenting their
safeguard policies and procedures. We
expect that virtually all of the newly
registered covered entities that do not
have an affiliate are likely to be small
entities and are likely to have smaller
and less complex operations, with a
correspondingly smaller set of safeguard
policies and procedures to document,
compared to other larger existing
institutions with multiple affiliates. We
estimate that it will take a typical newly
registered unaffiliated institution
approximately 60 hours to review,
identify, and document their safeguard
policies and procedures, for a total of
27,000 hours for all newly registered
unaffiliated entities.
Therefore, we estimate that the total
annual hourly burden associated with
the safeguards rule is 42,750 hours. We
also estimate that all covered
institutions will be respondents each
year, for a total of 20,556 respondents.
These estimates of average burden
hours are made solely for the purposes
of the Paperwork Reduction Act. An
agency may not conduct or sponsor, and
a person is not required to respond to
a collection of information unless it
displays a currently valid control
number. The safeguard rule does not
require the reporting of any information
or the filing of any documents with the
Commission. The collection of
information required by the safeguard
rule is mandatory.
Written comments are invited on: (a)
Whether the proposed 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 of 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, Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
VA 22312; or send an email to:
PRA_Mailbox@sec.gov.
Dated: January 24, 2013.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–01936 Filed 1–29–13; 8:45 am]
BILLING CODE 8011–01–P
VerDate Mar<15>2010
20:43 Jan 29, 2013
Jkt 229001
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:
Form N–8F; OMB Control No. 3235–0157,
SEC File No. 270–136.
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.
Form N–8F (17 CFR 274.218) is the
form prescribed for use by registered
investment companies in certain
circumstances to request orders of the
Commission declaring that the
registration of that investment company
cease to be in effect. The form requests
information about: (i) The investment
company’s identity, (ii) the investment
company’s distributions, (iii) the
investment company’s assets and
liabilities, (iv) the events leading to the
request to deregister, and (v) the
conclusion of the investment company’s
business. The information is needed by
the Commission to determine whether
an order of deregistration is appropriate.
The Form takes approximately 5.5
hours on average to complete. It is
estimated that approximately 142
investment companies file Form N–8F
annually, so the total annual burden for
the form is estimated to be
approximately 781 hours. The estimate
of average burden hours is made solely
for the purposes of the Paperwork
Reduction Act and is not derived from
a comprehensive or even a
representative survey or study.
The collection of information on Form
N–8F is not mandatory. The information
provided on Form N–8F is not kept
confidential. An agency may not
conduct or sponsor, and a person is not
required to respond to, a collection of
information unless it displays a
currently-valid OMB control number.
Written comments are requested on:
(i) Whether the collections of
information are necessary for the proper
performance of the functions of the
Commission, including whether the
information has practical utility; (ii) the
PO 00000
Frm 00074
Fmt 4703
Sfmt 4703
accuracy of the Commission’s estimate
of the burdens of the collection of
information; (iii) ways to enhance the
quality, utility, and clarity of the
information collected; and (iv) 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, Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
VA 22312, or send an email to:
PRA_Mailbox@sec.gov.
Dated: January 24, 2013.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–01938 Filed 1–29–13; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Submission for OMB Review;
Comment Request
Upon Written Request Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Rule 17j–1; OMB Control No. 3235–0224,
SEC File No. 270–239.
Notice is hereby given that, pursuant to the
Paperwork Reduction Act of 1995 (44 U.S.C.
350l–3520), the Securities and Exchange
Commission (the ‘‘Commission’’) has
submitted to the Office of Management and
Budget a request for extension of the
previously approved collection of
information discussed below.
Conflicts of interest between investment
company personnel (such as portfolio
managers) and their funds can arise when
these persons buy and sell securities for their
own accounts (‘‘personal investment
activities’’). These conflicts arise because
fund personnel have the opportunity to profit
from information about fund transactions,
often to the detriment of fund investors.
Beginning in the early 1960s, Congress and
the Securities and Exchange Commission
(‘‘Commission’’) sought to devise a regulatory
scheme to effectively address these potential
conflicts. These efforts culminated in the
addition of section 17(j) to the Investment
Company Act of 1940 (the ‘‘Investment
Company Act’’) (15 U.S.C. 80a–17(j)) in 1970
and the adoption by the Commission of rule
17j–1 (17 CFR 270.17j–1) in 1980.1 The
1 Prevention of Certain Unlawful Activities with
Respect to Registered Investment Companies,
E:\FR\FM\30JAN1.SGM
30JAN1
]]>Agencies
[Federal Register Volume 78, Number 20 (Wednesday, January 30, 2013)]
[Notices]
[Pages 6361-6362]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-01936]
=======================================================================
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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 248.30; OMB Control No. 3235-0610, SEC File No. 270-549.
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.
Rule 248.30 (17 CFR 248.30), under Regulation S-P is titled
``Procedures to Safeguard Customer Records and Information; Disposal of
Consumer Report Information.'' Rule 248.30 (the ``safeguard rule'')
requires brokers, dealers, investment companies, and investment
advisers registered with the Commission (``registered investment
advisers'') (collectively ``covered institutions'') to adopt written
policies and procedures for administrative, technical, and physical
safeguards to protect customer records and information. The safeguards
must be reasonably designed to ``insure the security and
confidentiality of customer records and information,'' ``protect
against any anticipated threats or hazards to the security and
integrity'' of those records, and protect against unauthorized access
to or use of those records or information, which ``could result in
substantial harm or inconvenience to any customer.'' The safeguard
rule's requirement that covered institutions' policies and procedures
be documented in writing constitutes a collection of information and
must be maintained on an ongoing basis. This requirement eliminates
uncertainty as to required employee actions to protect customer records
and information and promotes more systematic and organized reviews of
safeguard policies and procedures by institutions. The information
collection also assists the Commission's examination staff in assessing
the existence and adequacy of covered institutions' safeguard policies
and procedures.
We estimate that as of the end of 2011, there are 4,695 broker-
dealers, 4,203 investment companies, and 11,658 investment advisers
currently registered with the Commission, for a total of 20,556 covered
institutions. We believe that all of these covered institutions have
already documented their safeguard policies and procedures in writing
and therefore will incur no hourly burdens related to the initial
documentation of policies and procedures.
Although existing covered institutions would not incur any initial
hourly burden in complying with the safeguards rule, we expect that
newly registered institutions would incur some hourly burdens
associated with documenting their safeguard policies and procedures. We
estimate that approximately 1,500 broker-dealers, investment companies,
or investment advisers register with the Commission annually. However,
we also expect that approximately 70% of these newly registered covered
institutions (1,050) are affiliated with an existing covered
institution, and will rely on an organization-wide set of previously
documented safeguard policies and procedures created by their
affiliates. We estimate that these affiliated newly registered covered
institutions will incur a significantly reduced hourly burden in
complying with the safeguards rule, as they will need only to review
their affiliate's existing policies and procedures, and identify and
adopt the relevant policies for their business. Therefore, we expect
that newly registered covered institutions with existing affiliates
will incur an hourly burden of approximately 15 hours in identifying
and adopting safeguard policies and procedures for their business, for
a total hourly burden for all affiliated new institutions of 15,750
hours.
Finally, we expect that the 450 newly registered entities that are
not affiliated with an existing institution will incur a significantly
higher hourly burden in
[[Page 6362]]
reviewing and documenting their safeguard policies and procedures. We
expect that virtually all of the newly registered covered entities that
do not have an affiliate are likely to be small entities and are likely
to have smaller and less complex operations, with a correspondingly
smaller set of safeguard policies and procedures to document, compared
to other larger existing institutions with multiple affiliates. We
estimate that it will take a typical newly registered unaffiliated
institution approximately 60 hours to review, identify, and document
their safeguard policies and procedures, for a total of 27,000 hours
for all newly registered unaffiliated entities.
Therefore, we estimate that the total annual hourly burden
associated with the safeguards rule is 42,750 hours. We also estimate
that all covered institutions will be respondents each year, for a
total of 20,556 respondents.
These estimates of average burden hours are made solely for the
purposes of the Paperwork Reduction Act. An agency may not conduct or
sponsor, and a person is not required to respond to a collection of
information unless it displays a currently valid control number. The
safeguard rule does not require the reporting of any information or the
filing of any documents with the Commission. The collection of
information required by the safeguard rule is mandatory.
Written comments are invited on: (a) Whether the proposed
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 of 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, Chief
Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 6432 General Green Way, Alexandria, VA 22312; or send an
email to: PRA_Mailbox@sec.gov.
Dated: January 24, 2013.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-01936 Filed 1-29-13; 8:45 am]
BILLING CODE 8011-01-P
