Sunshine Act Meetings, 4985 [2014-02085]

Download as PDF Federal Register / Vol. 79, No. 20 / Thursday, January 30, 2014 / Notices possibility that the schedule for ACRS meetings may be adjusted by the Chairman as necessary to facilitate the conduct of the meeting, persons planning to attend should check with the DFO if such rescheduling would result in a major inconvenience. If attending this meeting, please enter through the One White Flint North building, 11555 Rockville Pike, Rockville, MD. After registering with security, please contact Mr. Theron Brown (240–888–9835) to be escorted to the meeting room. Dated: January 23, 2014. Cayetano Santos, Chief, Technical Support Branch, Advisory Committee on Reactor Safeguards. York Avenue NW., Suite 200, Washington, DC 20268–0001, at 202– 789–6820 (for agenda-related inquiries) and Shoshana M. Grove, Secretary of the Commission, at 202–789–6800 or shoshana.grove@prc.gov (for inquiries related to meeting location, changes in date or time of the meeting, access for handicapped or disabled persons, the audiocast, or similar matters). The Commission’s Web site may also provide information on changes in the date or time of the meeting. By direction of the Commission. Shoshana M. Grove, Secretary. [FR Doc. 2014–02085 Filed 1–28–14; 4:15 pm] BILLING CODE 7710–FW–P [FR Doc. 2014–01878 Filed 1–29–14; 8:45 am] BILLING CODE 7590–01–P SECURITIES AND EXCHANGE COMMISSION POSTAL REGULATORY COMMISSION Sunshine Act Meetings Wednesday, February 12, 2014, at 11 a.m. PLACE: Commission Hearing Room, 901 New York Avenue NW., Suite 200, Washington, DC 20268–0001. STATUS: Part of this meeting will be open to the public. The rest of the meeting will be closed to the public. The open session will be audiocast. The audiocast may be accessed via the Commission’s Web site at https:// www.prc.gov. A period for public comment will be offered following consideration of the last numbered item in the open portion. MATTERS TO BE CONSIDERED: The agenda for the Commission’s February 12, 2014 meeting includes the items identified below. PORTIONS OPEN TO THE PUBLIC: 1. Report from the Chairman on the publication of the Annual Report and the status of the Annual Compliance Determination. 2. Report from the Office of Public Affairs and Government Relations on legislative activities and the handling of rate and service inquiries from the public. 3. Report from the Office of General Counsel on the status of Commission dockets. 4. Report from the Office of Accountability and Compliance. 5. Report from the Office of the Secretary and Administration. PORTION CLOSED TO THE PUBLIC: 6. Discussion of pending litigation. CONTACT PERSON FOR MORE INFORMATION: Brian Corcoran, Acting General Counsel, Postal Regulatory Commission, 901 New mstockstill on DSK4VPTVN1PROD with NOTICES TIME AND DATE: VerDate Mar<15>2010 18:24 Jan 29, 2014 Jkt 232001 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 206(4)–6; OMB Control No. 3235– 0571, SEC File No. 270–513. 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’’) has submitted to the Office of Management and Budget (‘‘OMB’’) a request for extension of the previously approved collection of information discussed below. The title for the collection of information is ‘‘Rule 206(4)–6’’ under the Investment Advisers Act of 1940 (15 U.S.C. 80b–1 et seq.) (‘‘Advisers Act’’) and the collection has been approved under OMB Control No. 3235–0571. The Commission adopted rule 206(4)–6 (17 CFR 275.206(4)–6), the proxy voting rule, to address an investment adviser’s fiduciary obligation to clients who have given the adviser authority to vote their securities. Under the rule, an investment adviser that exercises voting authority over client securities is required to: (i) Adopt and implement policies and procedures that are reasonably designed to ensure that the adviser votes securities in the best interest of clients, including procedures to address any material conflict that may arise between the interest of the adviser and the client; (ii) disclose to clients how they may obtain information on how the adviser has voted with respect to their securities; PO 00000 Frm 00122 Fmt 4703 Sfmt 4703 4985 and (iii) describe to clients the adviser’s proxy voting policies and procedures and, on request, furnish a copy of the policies and procedures to the requesting client. The rule is designed to assure that advisers that vote proxies for their clients vote those proxies in their clients’ best interest and provide clients with information about how their proxies were voted. Rule 206(4)–6 contains ‘‘collection of information’’ requirements within the meaning 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 collection is mandatory and responses to the disclosure requirement are not kept confidential. The respondents are investment advisers registered with the Commission that vote proxies with respect to clients’ securities. Advisory clients of these investment advisers use the information required by the rule to assess investment advisers’ proxy voting policies and procedures and to monitor the advisers’ performance of their proxy voting activities. The information required by Rule 206(4)–6 also is used by the Commission staff in its examination and oversight program. Without the information collected under the rule, advisory clients would not have information they need to assess the adviser’s services and monitor the adviser’s handling of their accounts, and the Commission would be less efficient and effective in its programs. The estimated number of investment advisers subject to the collection of information requirements under the rule is 9,650. It is estimated that each of these advisers is required to spend on average 10 hours annually documenting its proxy voting procedures under the requirements of the rule, for a total burden of 96,500 hours. We further estimate that on average, approximately 139 clients of each adviser would request copies of the underlying policies and procedures. We estimate that it would take these advisers 0.1 hours per client to deliver copies of the policies and procedures, for a total burden of 134,135 hours. Accordingly, we estimate that rule 206(4)–6 results in an annual aggregate burden of collection for SEC-registered investment advisers of a total of 230,635 hours. Records related to an adviser’s proxy voting policies and procedures and proxy voting history are separately required under the Advisers Act recordkeeping rule 204–2 (17 CFR 275.204–2). The standard retention period required for books and records E:\FR\FM\30JAN1.SGM 30JAN1

Agencies

[Federal Register Volume 79, Number 20 (Thursday, January 30, 2014)]
[Notices]
[Page 4985]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-02085]


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POSTAL REGULATORY COMMISSION


Sunshine Act Meetings

TIME AND DATE: Wednesday, February 12, 2014, at 11 a.m.

PLACE: Commission Hearing Room, 901 New York Avenue NW., Suite 200, 
Washington, DC 20268-0001.

STATUS: Part of this meeting will be open to the public. The rest of 
the meeting will be closed to the public. The open session will be 
audiocast. The audiocast may be accessed via the Commission's Web site 
at https://www.prc.gov. A period for public comment will be offered 
following consideration of the last numbered item in the open portion.

MATTERS TO BE CONSIDERED: The agenda for the Commission's February 12, 
2014 meeting includes the items identified below.

PORTIONS OPEN TO THE PUBLIC:
    1. Report from the Chairman on the publication of the Annual Report 
and the status of the Annual Compliance Determination.
    2. Report from the Office of Public Affairs and Government 
Relations on legislative activities and the handling of rate and 
service inquiries from the public.
    3. Report from the Office of General Counsel on the status of 
Commission dockets.
    4. Report from the Office of Accountability and Compliance.
    5. Report from the Office of the Secretary and Administration.

PORTION CLOSED TO THE PUBLIC:
    6. Discussion of pending litigation.

CONTACT PERSON FOR MORE INFORMATION: Brian Corcoran, Acting General 
Counsel, Postal Regulatory Commission, 901 New York Avenue NW., Suite 
200, Washington, DC 20268-0001, at 202-789-6820 (for agenda-related 
inquiries) and Shoshana M. Grove, Secretary of the Commission, at 202-
789-6800 or shoshana.grove@prc.gov (for inquiries related to meeting 
location, changes in date or time of the meeting, access for 
handicapped or disabled persons, the audiocast, or similar matters). 
The Commission's Web site may also provide information on changes in 
the date or time of the meeting.

    By direction of the Commission.
Shoshana M. Grove,
Secretary.
[FR Doc. 2014-02085 Filed 1-28-14; 4:15 pm]
BILLING CODE 7710-FW-P
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