Submission for OMB Review; Comment Request, 55209 [2018-23961]
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Federal Register / Vol. 83, No. 213 / Friday, November 2, 2018 / Notices
the DFO if such rescheduling would
result in a major inconvenience.
If attending this meeting, please enter
through the Three White Flint North
building, 11601 Landsdown Street,
North Bethesda, MD 20852. After
registering with Security, please
proceed to conference Room 1C3–1C5,
located directly behind the security
desk on the first floor. You may contact
Mr. Theron Brown (Telephone 301–
415–6702) for assistance or to be
escorted to the meeting room.
Dated: October 30, 2018.
Christopher Brown,
Acting Chief, Technical Support Branch,
Advisory Committee on Reactor Safeguards.
[FR Doc. 2018–23986 Filed 11–1–18; 8:45 am]
BILLING CODE 7590–01–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–442, OMB Control No.
3235–0498]
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736.
Extension:
Rule 17a–12/Form X–17A–5 Part IIB
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 17a–12 (17 CFR 240.17a–12) and
Part IIB of Form X–17A–5 (17 CFR
249.617) under the Securities Exchange
Act of 1934 (15 U.S.C. 78a et seq.).
Rule 17a–12 is the reporting rule
tailored specifically for over-the-counter
(‘‘OTC’’) derivatives dealers registered
with the Commission, and Part IIB of
Form X–17A–5, the Financial and
Operational Combined Uniform Single
(‘‘FOCUS’’) Report, is the basic
document for reporting the financial
and operational condition of OTC
derivatives dealers. Rule 17a–12
requires registered OTC derivatives
dealers to file Part IIB of the FOCUS
Report quarterly. Rule 17a–12 also
requires that OTC derivatives dealers
file audited financial statements
annually.
The reports required under Rule 17a–
12 provide the Commission with
VerDate Sep<11>2014
17:57 Nov 01, 2018
Jkt 247001
information used to monitor the
operations of OTC derivatives dealers
and to enforce their compliance with
the Commission’s rules. These reports
also enable the Commission to review
the business activities of OTC
derivatives dealers and to anticipate,
where possible, how these dealers may
be affected by significant economic
events.
There are currently three registered
OTC derivatives dealers. The staff
expects that three additional firms will
register as OTC derivatives dealers
within the next three years. The staff
estimates that the average amount of
time necessary to prepare and file the
quarterly reports required by the rule is
eighty hours per OTC derivatives
dealer 1 and that the average amount of
time to prepare and file the annual audit
report is 100 hours per OTC derivatives
dealer per year, for a total reporting
burden of 180 hours per OTC
derivatives dealer annually. Thus the
staff estimates that the total industrywide reporting burden to comply with
the requirements of Rule 17a–12 is
1,080 hours per year (180 × 6). The
Commission estimates that the average
annual reporting cost per broker-dealer
for an independent public accountant to
examine the financial statements is
approximately $46,300 per brokerdealer. Thus, the total industry-wide
annual reporting cost is approximately
$277,800 ($46,300 × 6).
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 website:
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:
Lindsay.M.Abate@omb.eop.gov; and (ii)
Charles Riddle, Acting Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Candace
Kenner, 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.
1 Based upon an average of 4 responses per year
and an average of 20 hours spent preparing each
response.
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55209
Dated: October 29, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018–23961 Filed 11–1–18; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–446, OMB Control No.
3235–0503]
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736
Extension:
Form N–6
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.
The title for the collection of
information is ‘‘Form N–6 (17 CFR
239.17c and 274.11d) under the
Securities Act of 1933 (15 U.S.C. 77a et
seq.) and under the Investment
Company Act of 1940 (15 U.S.C. 80a–1
et seq.) registration statement of separate
accounts organized as unit investment
trusts that offer variable life insurance
policies.’’ Form N–6 is the form used by
insurance company separate accounts
organized as unit investment trusts that
offer variable life insurance contracts to
register as investment companies under
the Investment Company Act of 1940
and/or to register their securities under
the Securities Act of 1933. The primary
purpose of the registration process is to
provide disclosure of financial and
other information to investors and
potential investors for the purpose of
evaluating an investment in a security.
Form N–6 also requires separate
accounts organized as unit investment
trusts that offer variable life insurance
policies to provide investors with a
prospectus and a statement of additional
information (‘‘SAI’’) covering essential
information about the separate account
when it makes an initial or additional
offering of its securities.
The Commission estimates that
approximately 388 registration
statements (8 initial registration
statements plus 380 post-effective
E:\FR\FM\02NON1.SGM
02NON1
]]>Agencies
[Federal Register Volume 83, Number 213 (Friday, November 2, 2018)]
[Notices]
[Page 55209]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-23961]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-442, OMB Control No. 3235-0498]
Submission for OMB Review; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736.
Extension:
Rule 17a-12/Form X-17A-5 Part IIB
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 17a-
12 (17 CFR 240.17a-12) and Part IIB of Form X-17A-5 (17 CFR 249.617)
under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.).
Rule 17a-12 is the reporting rule tailored specifically for over-
the-counter (``OTC'') derivatives dealers registered with the
Commission, and Part IIB of Form X-17A-5, the Financial and Operational
Combined Uniform Single (``FOCUS'') Report, is the basic document for
reporting the financial and operational condition of OTC derivatives
dealers. Rule 17a-12 requires registered OTC derivatives dealers to
file Part IIB of the FOCUS Report quarterly. Rule 17a-12 also requires
that OTC derivatives dealers file audited financial statements
annually.
The reports required under Rule 17a-12 provide the Commission with
information used to monitor the operations of OTC derivatives dealers
and to enforce their compliance with the Commission's rules. These
reports also enable the Commission to review the business activities of
OTC derivatives dealers and to anticipate, where possible, how these
dealers may be affected by significant economic events.
There are currently three registered OTC derivatives dealers. The
staff expects that three additional firms will register as OTC
derivatives dealers within the next three years. The staff estimates
that the average amount of time necessary to prepare and file the
quarterly reports required by the rule is eighty hours per OTC
derivatives dealer \1\ and that the average amount of time to prepare
and file the annual audit report is 100 hours per OTC derivatives
dealer per year, for a total reporting burden of 180 hours per OTC
derivatives dealer annually. Thus the staff estimates that the total
industry-wide reporting burden to comply with the requirements of Rule
17a-12 is 1,080 hours per year (180 x 6). The Commission estimates that
the average annual reporting cost per broker-dealer for an independent
public accountant to examine the financial statements is approximately
$46,300 per broker-dealer. Thus, the total industry-wide annual
reporting cost is approximately $277,800 ($46,300 x 6).
---------------------------------------------------------------------------
\1\ Based upon an average of 4 responses per year and an average
of 20 hours spent preparing each response.
---------------------------------------------------------------------------
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 website: 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:
[email protected]; and (ii) Charles Riddle, Acting Director/
Chief Information Officer, Securities and Exchange Commission, c/o
Candace Kenner, 100 F Street NE, Washington, DC 20549, or by sending an
email to [email protected]. Comments must be submitted to OMB within
30 days of this notice.
Dated: October 29, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-23961 Filed 11-1-18; 8:45 am]
BILLING CODE 8011-01-P
