Proposed Collection; Comment Request, 1053 [2015-00055]
Download as PDF
<![CDATA[
tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 5 / Thursday, January 8, 2015 / Notices
Analyst Certification (AC) (17 CFR
242.500–505), under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.).
Regulation AC requires that research
reports published, circulated, or
provided by a broker or dealer or
covered person contain a statement
attesting that the views expressed in
each research report accurately reflect
the analyst’s personal views and
whether or not the research analyst
received or will receive any
compensation in connection with the
views or recommendations expressed in
the research report. Regulation AC also
requires broker-dealers to, on a quarterly
basis, make, keep, and maintain records
of research analyst statements regarding
whether the views expressed in public
appearances accurately reflected the
analyst’s personal views, and whether
any part of the analyst’s compensation
is related to the specific
recommendations or views expressed in
the public appearance. Regulation AC
also requires that research prepared by
foreign persons be presented to U.S.
persons pursuant to Securities Exchange
Act Rule 15a–6 and that broker-dealers
notify associated persons if they would
be covered by the regulation. Regulation
AC excludes the news media from its
coverage.
The collections of information under
Regulation AC are necessary to provide
investors with information with which
to determine the value of the research
available to them. It is important for an
investor to know whether an analyst
may be biased with respect to securities
or issuers that are the subject of a
research report. Further, in evaluating a
research report, it is reasonable for an
investor to want to know about an
analyst’s compensation. Without the
information collection, the purposes of
Regulation AC could not be met.
The Commission estimates that
Regulation AC imposes an aggregate
annual time burden of approximately
25,395 hours on 5,186 respondents, or
approximately 5 hours per respondent.
The Commission estimates that the total
annual internal cost of compliance
attributable to the 25,395 hours is
approximately $11,616,150.00, or
approximately $2,239.90 per
respondent, annually.
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 collection at the
following Web site: www.reginfo.gov.
Comments should be directed to (i) Desk
Officer for the Securities and Exchange
VerDate Sep<11>2014
17:07 Jan 07, 2015
Jkt 235001
1053
Upon Written Request, Copies Available
From: U.S. Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE., Washington, DC
20549–2736.
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 shall have practical utility;
(b) the accuracy of the Commission’s
estimate 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
unless it displays a currently valid OMB
control number.
Please direct your written comments
to: Pamela Dyson, Acting 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.
Extension:
Rule 24b–1; SEC File No. 270–205; OMB
Control No. 3235–0194.
Dated: January 2, 2015.
Brent J. Fields,
Secretary.
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’’) 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 (‘‘OMB’’) for
extension and approval, Rule 24b–1 (17
CFR 240.24b–1)—Documents to be Kept
Public by Exchanges.
Rule 24b–1 under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.) requires a national securities
exchange to keep and make available for
public inspection a copy of its
registration statement and exhibits filed
with the Commission, along with any
amendments thereto.
There are 18 national securities
exchanges that spend approximately
one half hour each complying with this
rule, for an aggregate total compliance
burden of 9 hours per year. The staff
estimates that the average cost per
respondent is $65.18 per year,
calculated as the costs of copying
($13.97) plus storage ($51.21), resulting
in a total cost of compliance for the
respondents of $1,173.24.
[FR Doc. 2015–00055 Filed 1–7–15; 8:45 am]
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) Pamela Dyson,
Acting 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. Comments must be
submitted within 30 days of this notice.
Dated: January 2, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015–00056 Filed 1–7–15; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
PO 00000
Frm 00040
Fmt 4703
Sfmt 4703
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 FOIA Services,
Washington, DC 20549–2736.
Extension:
Rule 15g–4, SEC File No. 270–347, OMB
Control No. 3235–0393.
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 15g–4—Disclosure
of compensation to brokers or dealers
(17 CRF 240.15g–4) 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 15g–4 requires brokers and
dealers effecting transactions in penny
E:\FR\FM\08JAN1.SGM
08JAN1
]]>Agencies
[Federal Register Volume 80, Number 5 (Thursday, January 8, 2015)]
[Notices]
[Page 1053]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-00055]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request, Copies Available From: U.S. Securities and
Exchange Commission, Office of FOIA Services, 100 F Street NE.,
Washington, DC 20549-2736.
Extension:
Rule 24b-1; SEC File No. 270-205; OMB Control No. 3235-0194.
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'') 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 (``OMB'') for extension and approval, Rule 24b-1 (17 CFR
240.24b-1)--Documents to be Kept Public by Exchanges.
Rule 24b-1 under the Securities Exchange Act of 1934 (15 U.S.C. 78a
et seq.) requires a national securities exchange to keep and make
available for public inspection a copy of its registration statement
and exhibits filed with the Commission, along with any amendments
thereto.
There are 18 national securities exchanges that spend approximately
one half hour each complying with this rule, for an aggregate total
compliance burden of 9 hours per year. The staff estimates that the
average cost per respondent is $65.18 per year, calculated as the costs
of copying ($13.97) plus storage ($51.21), resulting in a total cost of
compliance for the respondents of $1,173.24.
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 shall
have practical utility; (b) the accuracy of the Commission's estimate
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 unless it displays a
currently valid OMB control number.
Please direct your written comments to: Pamela Dyson, Acting
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: January 2, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-00055 Filed 1-7-15; 8:45 am]
BILLING CODE 8011-01-P
