Proposed Collection; Comment Request, 68871 [2013-27327]
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Federal Register / Vol. 78, No. 221 / Friday, November 15, 2013 / Notices
is an annual statement of beneficial
ownership of securities. Approximately
4,600 reporting persons file Form 5
annually and we estimate that it takes
approximately one hour to prepare the
form for a total of 4,600 annual burden
hours.
Written comments are invited on: (a)
Whether this 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 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.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
Please direct your written comment to
Thomas Bayer, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 100 F Street NE., Washington,
DC 20549 or send an email to: PRA_
Mailbox@sec.gov.
Dated: November 8, 2013.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–27346 Filed 11–14–13; 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.
emcdonald on DSK67QTVN1PROD with NOTICES
Extension:
Rule 104; SEC File No. 270–411, OMB
Control No. 3235–0465.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the existing collection of information
provided for in Rule 104 of Regulation
M (17 CFR 242.104), under the
Securities Exchange Act of 1934 (15
VerDate Mar<15>2010
16:58 Nov 14, 2013
Jkt 232001
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 104—Stabilizing and Other
Activities in Connection with an
Offering—permits stabilizing by a
distribution participant during a
distribution so long as the distribution
participant discloses information to the
market and investors. This rule requires
disclosure in offering materials of the
potential stabilizing transactions and
that the distribution participant inform
the market when a stabilizing bid is
made. It also requires the distribution
participants (i.e. the syndicate manager)
to maintain information regarding
syndicate covering transactions and
penalty bids and disclose such
information to the Self-Regulatory
Organization.
There are approximately 795
respondents per year that require an
aggregate total of 159 hours to comply
with this rule. Each respondent makes
an estimated 1 annual response. Each
response takes approximately 0.20
hours (12 minutes) to complete. Thus,
the total compliance burden per year is
159 hours. The total estimated internal
labor compliance cost for the
respondents is approximately
$10,017.00, resulting in an estimated
internal labor cost of compliance for the
respondent per response of
approximately $12.60 (i.e., $10,017/795
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
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.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
Please direct your written comments
to: Thomas Bayer, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 100 F Street NE., Washington,
PO 00000
Frm 00062
Fmt 4703
Sfmt 4703
68871
DC 20549 or send an email to: PRA_
Mailbox@sec.gov.
Dated: November 8, 2013.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–27327 Filed 11–14–13; 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 102, SEC File No. 270–409, OMB
Control No. 3235–0467.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the existing collection of information
provided for in Rule 102 of Regulation
M (17 CFR 242.102), 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 102—Activities by Issuers and
Selling Security Holders During a
Distribution—prohibits distribution
participants, issuers, and selling
security holders from purchasing
activities at specified times during a
distribution of securities. Persons
otherwise covered by these rules may
seek to use several applicable
exceptions such as exclusion for
actively traded reference securities and
the maintenance of policies regarding
information barriers between their
affiliates.
There are approximately 945
respondents per year that require an
aggregate total of 1,845 hours to comply
with this rule. Each respondent makes
an estimated 1 annual response. Each
response takes on average
approximately 1.952 hours to complete.
Thus, the total compliance burden per
year is 1,845 burden hours. The total
compliance cost for the respondents is
approximately $116,235.00, resulting in
a cost of compliance for the respondent
per response of approximately $123.00
(i.e., $116,235.00/945 responses). These
are internal labor costs and there are no
other costs.
E:\FR\FM\15NON1.SGM
15NON1
]]>Agencies
[Federal Register Volume 78, Number 221 (Friday, November 15, 2013)]
[Notices]
[Page 68871]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-27327]
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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 104; SEC File No. 270-411, OMB Control No. 3235-0465.
Notice is hereby given that pursuant to the Paperwork Reduction Act
of 1995 (``PRA'') (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (``Commission'') is soliciting comments on the existing
collection of information provided for in Rule 104 of Regulation M (17
CFR 242.104), 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 104--Stabilizing and Other Activities in Connection with an
Offering--permits stabilizing by a distribution participant during a
distribution so long as the distribution participant discloses
information to the market and investors. This rule requires disclosure
in offering materials of the potential stabilizing transactions and
that the distribution participant inform the market when a stabilizing
bid is made. It also requires the distribution participants (i.e. the
syndicate manager) to maintain information regarding syndicate covering
transactions and penalty bids and disclose such information to the
Self-Regulatory Organization.
There are approximately 795 respondents per year that require an
aggregate total of 159 hours to comply with this rule. Each respondent
makes an estimated 1 annual response. Each response takes approximately
0.20 hours (12 minutes) to complete. Thus, the total compliance burden
per year is 159 hours. The total estimated internal labor compliance
cost for the respondents is approximately $10,017.00, resulting in an
estimated internal labor cost of compliance for the respondent per
response of approximately $12.60 (i.e., $10,017/795 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 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.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information under the PRA unless it
displays a currently 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, 100 F Street NE., Washington, DC 20549 or send an email
to: PRA_Mailbox@sec.gov.
Dated: November 8, 2013.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-27327 Filed 11-14-13; 8:45 am]
BILLING CODE 8011-01-P
