Reporting and Recordkeeping Requirements Under OMB Review, 69380-69381 [2022-25193]
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Federal Register / Vol. 87, No. 222 / Friday, November 18, 2022 / Notices
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–389, OMB Control No.
3235–0444]
khammond on DSKJM1Z7X2PROD with NOTICES
Proposed Collection; Comment
Request; Extension: Rule 10b–10
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.) (‘‘PRA’’), the
Securities and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the existing collection of information
provided for in Rule 10b–10 (17 CFR
240.10b–10) under the Securities and
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 10b–10 requires broker-dealers
to convey specified information to
customers regarding their securities
transactions. This information includes
the date and time of the transaction, the
identity and number of shares bought or
sold, and whether the broker-dealer acts
as agent for the customer or as principal
for its own account. Depending on
whether the broker-dealer acts as agent
or principal, Rule 10b–10 requires the
disclosure of commissions, as well as
mark-up and mark-down information.
For transactions in debt securities, Rule
10b–10 requires the disclosure of
redemption and yield information. Rule
10b–10 potentially applies to all of the
approximately 3,531 firms registered
with the Commission that effect
transactions for or with customers.
Based on information provided by
registered broker-dealers to the
Commission in FOCUS Reports, the
Commission staff estimates that on
average, registered broker-dealers
process approximately 27,151,388,510
order tickets per year for transactions for
or with customers. Each order ticket
representing a transaction effected for or
with a customer generally results in one
confirmation. Therefore, the
Commission staff estimates that
approximately 27,151,388,510
confirmations are sent to customers
annually. The confirmations required by
Rule 10b–10 are generally processed
through automated systems. It takes
approximately 30 seconds to generate
and send a confirmation. Accordingly,
the Commission staff estimates that
broker-dealers spend approximately
226,261,571 hours per year complying
VerDate Sep<11>2014
16:46 Nov 17, 2022
Jkt 259001
with Rule 10b–10 (27,151,388,510 × .5
÷ 60).
The number of confirmations sent and
the cost of sending each confirmation
varies from firm to firm. Smaller firms
generally send fewer confirmations than
larger firms because they effect fewer
transactions. The Commission staff
estimates the cost of producing and
sending a paper confirmation, including
postage, to be approximately 67 cents.
The Commission staff also estimates
that the cost of producing and sending
a wholly electronic confirmation is
approximately 40 cents. Based on
informal discussions with industry
participants, as well as representations
made in requests for exemptive and noaction letters relating to Rule 10b–10,
the staff estimates that broker-dealers
used electronic confirmations for
approximately 35 percent of
transactions. Based on these
calculations, Commission staff estimates
that 17,648,402,532 paper confirmations
are mailed each year at a cost of
$11,824,429,696. Commission staff also
estimates that 9,502,985,979 wholly
electronic confirmations are sent each
year at a cost of $3,801,194,392.
Accordingly, Commission staff
estimates that the total annual cost
associated with generating and
delivering to investors the information
required under Rule 10b–10 is
approximately $15,625,624,088.
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 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 by
January 17, 2023.
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: David Bottom, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o John
Pezzullo, 100 F Street NE, Washington,
DC 20549, or send an email to: PRA_
Mailbox@sec.gov.
PO 00000
Frm 00143
Fmt 4703
Sfmt 4703
Dated: November 14, 2022.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2022–25095 Filed 11–17–22; 8:45 am]
BILLING CODE 8011–01–P
SMALL BUSINESS ADMINISTRATION
Reporting and Recordkeeping
Requirements Under OMB Review
Small Business Administration.
30-Day notice.
AGENCY:
ACTION:
SUMMARY: The Small Business
Administration (SBA) is seeking
approval from the Office of Management
and Budget (OMB) for the information
collection described below. In
accordance with the Paperwork
Reduction Act and OMB procedures,
SBA is publishing this notice to allow
all interested member of the public an
additional 30 days to provide comments
on the proposed collection of
information.
DATES: Submit comments on or before
December 19, 2022.
ADDRESSES: Written comments and
recommendations for this information
collection request should be sent within
30 days of publication of this notice to
www.reginfo.gov/public/do/PRAMain.
Find this particular information
collection request by selecting ‘‘Small
Business Administration;’’ ‘‘Currently
Under Review,’’ then select the ‘‘Only
Show ICR for Public Comment’’
checkbox. This information collection
can be identified by title and/or OMB
Control Number.
FOR FURTHER INFORMATION CONTACT: You
may obtain a copy of the information
collection and supporting documents
from the Agency Clearance Office at
Curtis.Rich@sba.gov; (202) 205–7030, or
from www.reginfo.gov/public/do/
PRAMain
SUPPLEMENTARY INFORMATION: The SBA
Emerging Leaders (EL) initiative was
designed to strengthen and grow
existing local entrepreneur communities
in historically distressed cities. The key
goals of the program are to (1) increase
small business growth and survival, and
(2) promote economic growth in
distressed communities by providing
employment opportunities as well as
necessary goods and services. To
achieve these goals, the program offers
executives of high-growth small
businesses a five-month executive
leader education series, free of charge,
that provide the networks, resources,
and knowledge required to promote a
sustainable business growth, create jobs,
and contribute to the economic well-
E:\FR\FM\18NON1.SGM
18NON1
khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 87, No. 222 / Friday, November 18, 2022 / Notices
being of local communities. In 2022, the
program was revamped under the new
name, T.H.R.I.V.E. Emerging Leaders
Reimagined. The revised program
provides training that customizes
content for small businesses’ unique
needs, increases accessibility through a
virtual component, and specifically
promotes business ecosystem
connections among business owners,
government agencies, and the financial
community. This information collection
is necessary for SBA to understand the
progress made by the T.H.R.I.V.E.
program toward achieving its goals.
The evaluation will be used to track
participants’ business growth, to
provide guidance to the program
training contractor on areas for
additional assistance, and to increase
SBA’s understanding of the program
outcome trends. This evaluation aims to
examine the program participants’
business growth outcomes including
revenue, profits, job creation, and
business survival. The evaluation also
describes the population of program
participants—their businesses, business
management practices, experiences with
the program, and satisfaction with and
perceived effectiveness of the program.
Over the previous years, the evaluation
results have helped to track the program
performance outcomes and provide
suggestions for program improvements
to better facilitate small business
growth. The results are also expected to
provide suggestions for improving
future evaluations.
The following surveys are conducted
with the program participants: (1) the
application form before the program
enrollment, (2) the intake survey before
the training, (3) the module feedback
form during the training, (4) the
feedback survey right after the
graduation, and (5) the follow-up survey
annually up to three years after
graduation. The application form
examines the eligibility status of the
enrollees, obtains their contact
information, and asks for their business
goals. The data from the Intake survey
is used to determine baseline levels of
business outcomes, the use of
management practices, and the extent to
which the target population for the
program is reached. The module
feedback form assesses the participants’
experience with each of the eight
modules of the training program. The
feedback survey is used to measure
participant satisfaction with the training
activities and to suggest training
adjustments, if necessary. The annual
follow-up survey tracks changes in the
small business owner’s management
practices and business outcomes for
three years after graduation from the
VerDate Sep<11>2014
16:46 Nov 17, 2022
Jkt 259001
program. The data collection covers four
cohorts of program participants. The
given year participants complete the
application form, intake survey, module
feedback, and feedback survey. The
three cohorts of participants who
graduated from the program one, two,
and three years prior complete the
follow-up survey.
Solicitation of Public Comments
Comments may be submitted on (a)
whether the collection of information is
necessary for the agency to properly
perform its functions; (b) whether the
burden estimates are accurate; (c)
whether there are ways to minimize the
burden, including through the use of
automated techniques or other forms of
information technology; and (d) whether
there are ways to enhance the quality,
utility, and clarity of the information.
Title: The SBA Emerging Leaders (EL)
initiative was designed to strengthen
and grow existing local entrepreneur
communities in historically distressed
cities. The key goals of the program are
to (1) increase small business growth
and survival, and (2) promote economic
growth in distressed communities by
providing employment opportunities as
well as necessary goods and services. To
achieve these goals, the program offers
executives of high-growth small
businesses a five-month executive
leader education series, free of charge,
that provide the networks, resources,
and knowledge required to promote a
sustainable business growth, create jobs,
and contribute to the economic wellbeing of local communities. In 2022, the
program was revamped under the new
name, T.H.R.I.V.E. Emerging Leaders
Reimagined. The revised program
provides training that customizes
content for small businesses’ unique
needs, increases accessibility through a
virtual component, and specifically
promotes business ecosystem
connections among business owners,
government agencies, and the financial
community. This information collection
is necessary for SBA to understand the
progress made by the T.H.R.I.V.E.
program toward achieving its goals.
The evaluation will be used to track
participants’ business growth, to
provide guidance to the program
training contractor on areas for
additional assistance, and to increase
SBA’s understanding of the program
outcome trends. This evaluation aims to
examine the program participants’
business growth outcomes including
revenue, profits, job creation, and
business survival. The evaluation also
describes the population of program
participants—their businesses, business
management practices, experiences with
PO 00000
Frm 00144
Fmt 4703
Sfmt 4703
69381
the program, and satisfaction with and
perceived effectiveness of the program.
Over the previous years, the evaluation
results have helped to track the program
performance outcomes and provide
suggestions for program improvements
to better facilitate small business
growth. The results are also expected to
provide suggestions for improving
future evaluations.
The following surveys are conducted
with the program participants: (1) the
application form before the program
enrollment, (2) the intake survey before
the training, (3) the module feedback
form during the training, (4) the
feedback survey right after the
graduation, and (5) the follow-up survey
annually up to three years after
graduation. The application form
examines the eligibility status of the
enrollees, obtains their contact
information, and asks for their business
goals. The data from the Intake survey
is used to determine baseline levels of
business outcomes, the use of
management practices, and the extent to
which the target population for the
program is reached. The module
feedback form assesses the participants’
experience with each of the eight
modules of the training program. The
feedback survey is used to measure
participant satisfaction with the training
activities and to suggest training
adjustments, if necessary. The annual
follow-up survey tracks changes in the
small business owner’s management
practices and business outcomes for
three years after graduation from the
program. The data collection covers four
cohorts of program participants. The
given year participants complete the
application form, intake survey, module
feedback, and feedback survey. The
three cohorts of participants who
graduated from the program one, two,
and three years prior complete the
follow-up survey.
OMB Control Number: 3245–0394.
Title: T.H.R.I.V.E. Emerging Leaders
Reimagined.
Description of Respondents: Existing
local entrepreneur communities in
historically distressed cities.
Estimated Number of Respondents:
5,644.
Estimated Annual Responses: 5,644.
Estimated Annual Hour Burden:
4,851.
Curtis Rich,
Agency Clearance Officer.
[FR Doc. 2022–25193 Filed 11–17–22; 8:45 am]
BILLING CODE 8026–09–P
E:\FR\FM\18NON1.SGM
18NON1
]]>Agencies
[Federal Register Volume 87, Number 222 (Friday, November 18, 2022)]
[Notices]
[Pages 69380-69381]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-25193]
=======================================================================
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
Reporting and Recordkeeping Requirements Under OMB Review
AGENCY: Small Business Administration.
ACTION: 30-Day notice.
-----------------------------------------------------------------------
SUMMARY: The Small Business Administration (SBA) is seeking approval
from the Office of Management and Budget (OMB) for the information
collection described below. In accordance with the Paperwork Reduction
Act and OMB procedures, SBA is publishing this notice to allow all
interested member of the public an additional 30 days to provide
comments on the proposed collection of information.
DATES: Submit comments on or before December 19, 2022.
ADDRESSES: Written comments and recommendations for this information
collection request should be sent within 30 days of publication of this
notice to www.reginfo.gov/public/do/PRAMain. Find this particular
information collection request by selecting ``Small Business
Administration;'' ``Currently Under Review,'' then select the ``Only
Show ICR for Public Comment'' checkbox. This information collection can
be identified by title and/or OMB Control Number.
FOR FURTHER INFORMATION CONTACT: You may obtain a copy of the
information collection and supporting documents from the Agency
Clearance Office at [email protected]; (202) 205-7030, or from
www.reginfo.gov/public/do/PRAMain
SUPPLEMENTARY INFORMATION: The SBA Emerging Leaders (EL) initiative was
designed to strengthen and grow existing local entrepreneur communities
in historically distressed cities. The key goals of the program are to
(1) increase small business growth and survival, and (2) promote
economic growth in distressed communities by providing employment
opportunities as well as necessary goods and services. To achieve these
goals, the program offers executives of high-growth small businesses a
five-month executive leader education series, free of charge, that
provide the networks, resources, and knowledge required to promote a
sustainable business growth, create jobs, and contribute to the
economic well-
[[Page 69381]]
being of local communities. In 2022, the program was revamped under the
new name, T.H.R.I.V.E. Emerging Leaders Reimagined. The revised program
provides training that customizes content for small businesses' unique
needs, increases accessibility through a virtual component, and
specifically promotes business ecosystem connections among business
owners, government agencies, and the financial community. This
information collection is necessary for SBA to understand the progress
made by the T.H.R.I.V.E. program toward achieving its goals.
The evaluation will be used to track participants' business growth,
to provide guidance to the program training contractor on areas for
additional assistance, and to increase SBA's understanding of the
program outcome trends. This evaluation aims to examine the program
participants' business growth outcomes including revenue, profits, job
creation, and business survival. The evaluation also describes the
population of program participants--their businesses, business
management practices, experiences with the program, and satisfaction
with and perceived effectiveness of the program. Over the previous
years, the evaluation results have helped to track the program
performance outcomes and provide suggestions for program improvements
to better facilitate small business growth. The results are also
expected to provide suggestions for improving future evaluations.
The following surveys are conducted with the program participants:
(1) the application form before the program enrollment, (2) the intake
survey before the training, (3) the module feedback form during the
training, (4) the feedback survey right after the graduation, and (5)
the follow-up survey annually up to three years after graduation. The
application form examines the eligibility status of the enrollees,
obtains their contact information, and asks for their business goals.
The data from the Intake survey is used to determine baseline levels of
business outcomes, the use of management practices, and the extent to
which the target population for the program is reached. The module
feedback form assesses the participants' experience with each of the
eight modules of the training program. The feedback survey is used to
measure participant satisfaction with the training activities and to
suggest training adjustments, if necessary. The annual follow-up survey
tracks changes in the small business owner's management practices and
business outcomes for three years after graduation from the program.
The data collection covers four cohorts of program participants. The
given year participants complete the application form, intake survey,
module feedback, and feedback survey. The three cohorts of participants
who graduated from the program one, two, and three years prior complete
the follow-up survey.
Solicitation of Public Comments
Comments may be submitted on (a) whether the collection of
information is necessary for the agency to properly perform its
functions; (b) whether the burden estimates are accurate; (c) whether
there are ways to minimize the burden, including through the use of
automated techniques or other forms of information technology; and (d)
whether there are ways to enhance the quality, utility, and clarity of
the information.
Title: The SBA Emerging Leaders (EL) initiative was designed to
strengthen and grow existing local entrepreneur communities in
historically distressed cities. The key goals of the program are to (1)
increase small business growth and survival, and (2) promote economic
growth in distressed communities by providing employment opportunities
as well as necessary goods and services. To achieve these goals, the
program offers executives of high-growth small businesses a five-month
executive leader education series, free of charge, that provide the
networks, resources, and knowledge required to promote a sustainable
business growth, create jobs, and contribute to the economic well-being
of local communities. In 2022, the program was revamped under the new
name, T.H.R.I.V.E. Emerging Leaders Reimagined. The revised program
provides training that customizes content for small businesses' unique
needs, increases accessibility through a virtual component, and
specifically promotes business ecosystem connections among business
owners, government agencies, and the financial community. This
information collection is necessary for SBA to understand the progress
made by the T.H.R.I.V.E. program toward achieving its goals.
The evaluation will be used to track participants' business growth,
to provide guidance to the program training contractor on areas for
additional assistance, and to increase SBA's understanding of the
program outcome trends. This evaluation aims to examine the program
participants' business growth outcomes including revenue, profits, job
creation, and business survival. The evaluation also describes the
population of program participants--their businesses, business
management practices, experiences with the program, and satisfaction
with and perceived effectiveness of the program. Over the previous
years, the evaluation results have helped to track the program
performance outcomes and provide suggestions for program improvements
to better facilitate small business growth. The results are also
expected to provide suggestions for improving future evaluations.
The following surveys are conducted with the program participants:
(1) the application form before the program enrollment, (2) the intake
survey before the training, (3) the module feedback form during the
training, (4) the feedback survey right after the graduation, and (5)
the follow-up survey annually up to three years after graduation. The
application form examines the eligibility status of the enrollees,
obtains their contact information, and asks for their business goals.
The data from the Intake survey is used to determine baseline levels of
business outcomes, the use of management practices, and the extent to
which the target population for the program is reached. The module
feedback form assesses the participants' experience with each of the
eight modules of the training program. The feedback survey is used to
measure participant satisfaction with the training activities and to
suggest training adjustments, if necessary. The annual follow-up survey
tracks changes in the small business owner's management practices and
business outcomes for three years after graduation from the program.
The data collection covers four cohorts of program participants. The
given year participants complete the application form, intake survey,
module feedback, and feedback survey. The three cohorts of participants
who graduated from the program one, two, and three years prior complete
the follow-up survey.
OMB Control Number: 3245-0394.
Title: T.H.R.I.V.E. Emerging Leaders Reimagined.
Description of Respondents: Existing local entrepreneur communities
in historically distressed cities.
Estimated Number of Respondents: 5,644.
Estimated Annual Responses: 5,644.
Estimated Annual Hour Burden: 4,851.
Curtis Rich,
Agency Clearance Officer.
[FR Doc. 2022-25193 Filed 11-17-22; 8:45 am]
BILLING CODE 8026-09-P
