Submission for OMB Review; Comment Request, 38336-38337 [2014-15721]
Download as PDF
38336
Federal Register / Vol. 79, No. 129 / Monday, July 7, 2014 / Notices
The Postal Service hereby
provides notice that it has filed a
request with the Postal Regulatory
Commission to add ‘‘Gift Cards’’ to the
competitive product list as a price
category under the ‘‘Greeting Cards and
Stationery’’ product.
DATES: Effective date: July 7, 2014.
FOR FURTHER INFORMATION CONTACT: John
F. Rosato, 202–268–8597.
SUPPLEMENTARY INFORMATION: On June 9,
2014, the United States Postal Service®
filed with the Postal Regulatory
Commission a request to add a ‘‘Gift
Cards’’ price category to the Greeting
Cards and Stationary product listed in
the Mail Classification Schedule’s
Competitive Product List. As part of this
filing the Postal Service is also
requesting that the name of the Greeting
Cards and Stationary product be
changed to ‘‘Greeting Cards, Gift Cards,
and Stationary.’’ Documents pertinent to
this request are available at https://
www.prc.gov, Docket No. MC2014—26.
SUMMARY:
Stanley F. Mires,
Attorney, Legal Policy & Legislative Advice.
[FR Doc. 2014–15730 Filed 7–3–14; 8:45 am]
BILLING CODE 7710–12–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.
mstockstill on DSK4VPTVN1PROD with NOTICES
Extension:
Rule 17Ad–3(b); SEC File No. 270–424,
OMB Control No. 3235–0473.
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’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of
extension of the previously approved
collection of information provided for in
Rule 17Ad–3(b) (17 CFR 240.17Ad–
3(b)), under the Securities Exchange Act
of 1934 (15 U.S.C. 78a et seq.).
Rule 17Ad–3(b) requires registered
transfer agents to send a copy of the
written notice required under Rule
17Ad–2(c), (d), and (h) to the chief
executive officer of each issuer for
which the transfer agent acts when it
has failed to turnaround at least 75% of
all routine items in accordance with the
requirements of Rule 17Ad–2(a), or to
process at least 75% of all items in
VerDate Mar<15>2010
15:59 Jul 03, 2014
Jkt 232001
accordance with the requirements of
Rule 17Ad–2(b), for two consecutive
months. The issuer may use the
information contained in the notices to:
(1) Provide an early warning to the
issuer of the transfer agent’s noncompliance with the Commission’s
minimum performance standards
regarding registered transfer agents; and
(2) assure that the issuer is aware of
problems and poor performance with
respect to the transfer agents that are
servicing the issuer’s securities. If the
issuer does not receive notice of a
registered transfer agent’s failure to
comply with the Commission’s
minimum performance standards then
the issuer will be unable to take
remedial action to correct the problem
or to find another registered transfer
agent. Pursuant to Rule 17Ad–3(b), a
transfer agent that has already filed a
Notice of Non-Compliance with the
Commission pursuant to Rule 17Ad–2
will only be required to send a copy of
that notice to issuers for which it acts
when that transfer agent fails to
turnaround 75% of all routine items or
to process 75% of all items.
The Commission estimates that only
two transfer agents will meet the
requirements of Rule 17Ad–3(b). If a
transfer agent fails to meet those
requirements under 17Ad–3(b), it would
simply send a copy of the notice that
had already been produced for the
Commission. The Commission estimates
the requirement will take each
respondent approximately one hour to
complete, for a total annual estimate
burden of two hours at an internal labor
costs cost of approximately $60.00 an
hour. There are no external labor costs
associated with sending the notice to
issuers.
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.
The public may view background
documentation for this information
collection at the following Web site:
www.reginfo.gov. Comments should be
directed to: (i) Desk Officer for the
Securities and Exchange Commission,
Office of Information and Regulatory
Affairs, Office of Management and
Budget, Room 10102, New Executive
Office Building, Washington, DC 20503,
or by sending an email to: Shagufta_
Ahmed@omb.eop.gov; and (ii) Thomas
Bayer, Director/Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
100 F Street NE., Washington, DC
20549, or by sending an email to: PRA_
Mailbox@sec.gov. Comments must be
PO 00000
Frm 00061
Fmt 4703
Sfmt 4703
submitted to OMB within 30 days of
this notice.
Dated: June 30, 2014.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2014–15723 Filed 7–3–14; 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.
Extension:
Rule 17Ab2–1, Form CA–1; SEC File No.
270–203, OMB Control No. 3235–0195.
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’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of
extension of the previously approved
collection of information provided for in
Rule 17Ab2–1 (17 CFR 240.17Ab2–1)
and Form CA–1: Registration of Clearing
Agencies (17 CFR 249b.200) under the
Securities Exchange Act of 1934
(‘‘Exchange Act’’) (15 U.S.C. 78a et seq.).
Rule 17Ab2–1 and Form CA–1 require
clearing agencies to register with the
Commission and to meet certain
requirements with regard to, among
other things, the clearing agency’s
organization, capacities, and rules. The
information is collected from the
clearing agency upon the initial
application for registration on Form
CA–1. Thereafter, information is
collected by amendment to the initial
Form CA–1 when material changes in
circumstances necessitate modification
of the information previously provided
to the Commission.
The Commission uses the information
disclosed on Form CA–1 to (i)
determine whether an applicant meets
the standards for registration set forth in
Section 17A of the Exchange Act, (ii)
enforce compliance with the Exchange
Act’s registration requirement, and (iii)
provide information about specific
registered clearing agencies for
compliance and investigatory purposes.
Without Rule 17Ab2–1, the Commission
could not perform these duties as
statutorily required.
The Commission staff estimates that
each initial Form CA–1 requires
approximately 130 hours to complete
E:\FR\FM\07JYN1.SGM
07JYN1
Federal Register / Vol. 79, No. 129 / Monday, July 7, 2014 / Notices
and submit for approval. This burden is
composed primarily of a one-time
reporting burden that reflects the
applicant’s staff time (i.e. internal labor
costs) to prepare and submit the Form
to the Commission. Hours required for
amendments to Form CA–1 that must be
submitted to the Commission in
connection with material changes to the
initial CA–1 can vary, depending upon
the nature and extent of the amendment.
Since the Commission only receives an
average of one submission per year, the
aggregate annual burden associated with
compliance with Rule 17Ab2–1 and
Form CA–1 is 130 hours. The main cost
to respondents is associated with
generating, maintaining, and providing
the information sought by Form CA–1.
The external costs associated with such
activities include fees charged by
outside lawyers and accountants to
assist the registrant collect and prepare
the information sought by the form
(though such consultations are not
required by the Commission) and are
estimated to be approximately $19,029.
The rule and form do not involve the
collection of confidential information.
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.
The public may view background
documentation for this information
collection at the following Web site:
www.reginfo.gov. Comments should be
directed to: (i) Desk Officer for the
Securities and Exchange Commission,
Office of Information and Regulatory
Affairs, Office of Management and
Budget, Room 10102, New Executive
Office Building, Washington, DC 20503,
or by sending an email to: Shagufta_
Ahmed@omb.eop.gov; and (ii) Thomas
Bayer, Director/Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
100 F Street NE., Washington, DC
20549, or by sending an email to: PRA_
Mailbox@sec.gov. Comments must be
submitted to OMB within 30 days of
this notice.
Dated: June 30, 2014.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2014–15721 Filed 7–3–14; 8:45 am]
mstockstill on DSK4VPTVN1PROD with NOTICES
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: Securities and Exchange
VerDate Mar<15>2010
15:59 Jul 03, 2014
Jkt 232001
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Rule 17Ac3–1(a); SEC File No. 270–96;
OMB Control No. 3235–0151.
Form TA–W (1669); SEC File No. 270–96;
OMB Control No. 3235–0151.
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’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of
extension of the previously approved
collection of information provided for in
Rule 17Ac3–1(a) (17 CFR 240.17Ac3–
1(a)) and Form TA–W (17 CFR
249b.101), under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.).
Section 17A(c)(4)(B) of the Securities
Exchange Act of 1934 authorizes
transfer agents registered with an
appropriate regulatory agency (‘‘ARA’’)
to withdraw from registration by filing
with the ARA a written notice of
withdrawal and by agreeing to such
terms and conditions as the ARA deems
necessary or appropriate in the public
interest, for the protection of investors,
or in the furtherance of the purposes of
Section 17A.
In order to implement Section
17A(c)(4)(B) of the Exchange Act, the
Commission promulgated Rule 17Ac3–
1(a) and accompanying Form TA–W on
September 1, 1977. Rule 17Ac3–1(a)
provides that notice of withdrawal of
registration as a transfer agent with the
Commission shall be filed on Form TA–
W. Form TA–W requires the
withdrawing transfer agent to provide
the Commission with certain
information, including: (1) The
locations where transfer agent activities
are or were performed; (2) the reasons
for ceasing the performance of such
activities; (3) disclosure of unsatisfied
judgments or liens; and (4) information
regarding successor transfer agents.
The Commission uses the information
disclosed on Form TA–W to determine
whether the registered transfer agent
applying for withdrawal from
registration as a transfer agent should be
allowed to deregister and, if so, whether
the Commission should attach to the
granting of the application any terms or
conditions necessary or appropriate in
the public interest, for the protection of
investors, or in furtherance of the
purposes of Section 17A of the
Exchange Act. Without Rule 17Ac3–1(a)
and Form TA–W, transfer agents
registered with the Commission would
not have a means to voluntarily
PO 00000
Frm 00062
Fmt 4703
Sfmt 9990
38337
deregister it is necessary or appropriate
to do so.
On average, respondents have filed
approximately 22 TA–Ws with the
Commission annually from 2009 to
2013. A Form TA–W filing occurs only
once, when a transfer agent is seeking
deregistration. Approximately 80
percent of Form TA–Ws are completed
by the transfer agent or its employees
and approximately 20 percent of Form
TA-Ws are completed by an outside
filing agent that is hired by the
registrant to prepare the form and file it
electronically. In view of the readilyavailable information requested by Form
TA–W, its short and simple
presentation, and the Commission’s
experience with the filers, we estimate
that approximately 30 minutes is
required to complete and file Form TA–
W. For transfer agents that complete
Form TA–W themselves, we estimate
the internal labor cost of compliance per
filing is $25 (0.5 hours × $50 average
hourly rate for clerical staff time). We
estimate that outside filing agents
charge $100 to complete and file at TA–
W on behalf of a registrant, reflecting an
external labor cost to respondents. The
total annual time burden to the transfer
agent industry is approximately 11
hours (22 filings × 0.5 hours). The total
annual external labor cost to
respondents is $400 (22 annual forms ×
$100 × 20%).
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.
The public may view background
documentation for this information
collection at the following Web site:
www.reginfo.gov. Comments should be
directed to: (i) Desk Officer for the
Securities and Exchange Commission,
Office of Information and Regulatory
Affairs, Office of Management and
Budget, Room 10102, New Executive
Office Building, Washington, DC 20503,
or by sending an email to: Shagufta_
Ahmed@omb.eop.gov; and (ii) Thomas
Bayer, Director/Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
100 F Street NE., Washington, DC
20549, or by sending an email to: PRA_
Mailbox@sec.gov. Comments must be
submitted to OMB within 30 days of
this notice.
Dated: June 30, 2014.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2014–15722 Filed 7–3–14; 8:45 am]
BILLING CODE 8011–01–P
E:\FR\FM\07JYN1.SGM
07JYN1
Agencies
[Federal Register Volume 79, Number 129 (Monday, July 7, 2014)]
[Notices]
[Pages 38336-38337]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-15721]
-----------------------------------------------------------------------
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.
Extension:
Rule 17Ab2-1, Form CA-1; SEC File No. 270-203, OMB Control No.
3235-0195.
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'') has submitted to the Office of Management
and Budget (``OMB'') a request for approval of extension of the
previously approved collection of information provided for in Rule
17Ab2-1 (17 CFR 240.17Ab2-1) and Form CA-1: Registration of Clearing
Agencies (17 CFR 249b.200) under the Securities Exchange Act of 1934
(``Exchange Act'') (15 U.S.C. 78a et seq.).
Rule 17Ab2-1 and Form CA-1 require clearing agencies to register
with the Commission and to meet certain requirements with regard to,
among other things, the clearing agency's organization, capacities, and
rules. The information is collected from the clearing agency upon the
initial application for registration on Form CA-1. Thereafter,
information is collected by amendment to the initial Form CA-1 when
material changes in circumstances necessitate modification of the
information previously provided to the Commission.
The Commission uses the information disclosed on Form CA-1 to (i)
determine whether an applicant meets the standards for registration set
forth in Section 17A of the Exchange Act, (ii) enforce compliance with
the Exchange Act's registration requirement, and (iii) provide
information about specific registered clearing agencies for compliance
and investigatory purposes. Without Rule 17Ab2-1, the Commission could
not perform these duties as statutorily required.
The Commission staff estimates that each initial Form CA-1 requires
approximately 130 hours to complete
[[Page 38337]]
and submit for approval. This burden is composed primarily of a one-
time reporting burden that reflects the applicant's staff time (i.e.
internal labor costs) to prepare and submit the Form to the Commission.
Hours required for amendments to Form CA-1 that must be submitted to
the Commission in connection with material changes to the initial CA-1
can vary, depending upon the nature and extent of the amendment. Since
the Commission only receives an average of one submission per year, the
aggregate annual burden associated with compliance with Rule 17Ab2-1
and Form CA-1 is 130 hours. The main cost to respondents is associated
with generating, maintaining, and providing the information sought by
Form CA-1. The external costs associated with such activities include
fees charged by outside lawyers and accountants to assist the
registrant collect and prepare the information sought by the form
(though such consultations are not required by the Commission) and are
estimated to be approximately $19,029. The rule and form do not involve
the collection of confidential information.
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.
The public may view background documentation for this information
collection at the following Web site: www.reginfo.gov. Comments should
be directed to: (i) Desk Officer for the Securities and Exchange
Commission, Office of Information and Regulatory Affairs, Office of
Management and Budget, Room 10102, New Executive Office Building,
Washington, DC 20503, or by sending an email to: Shagufta_Ahmed@omb.eop.gov; and (ii) Thomas Bayer, Director/Chief Information
Officer, Securities and Exchange Commission, c/o Remi Pavlik-Simon, 100
F Street NE., Washington, DC 20549, or by sending an email to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of
this notice.
Dated: June 30, 2014.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2014-15721 Filed 7-3-14; 8:45 am]
BILLING CODE 8011-01-P