Proposed Collection; Comment Request; Extension: Rule 12h-1(f), 1444 [2023-00221]
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Federal Register / Vol. 88, No. 6 / Tuesday, January 10, 2023 / Notices
Commission or its designee as a result
of inquiry.
Reporting institutions utilize these
records and reports (a) to report missing,
lost, stolen or counterfeit securities to
the database, (b) to confirm inquiry of
the database, and (c) to demonstrate
compliance with Rule 17f–1. The
Commission and the reporting
institutions’ examining authorities
utilize these records to monitor the
incidence of thefts and losses incurred
by reporting institutions and to
determine compliance with Rule 17f–1.
If such records were not retained by
reporting institutions, compliance with
Rule 17f–1 could not be monitored
effectively.
The Commission estimates that there
are approximately 10,018 reporting
institutions (respondents) and, on
average, each respondent would need to
retain 33 records annually, with each
retention requiring approximately 1
minute (a total of 33 minutes or 0.5511
hours per respondent per year). Thus,
the total estimated annual time burden
for all respondents is 5,521 hours
(10,018 × 0.5511 hours = 5,521).
Assuming an average hourly cost for
clerical work of $50.00, the average total
yearly record retention internal cost of
compliance for each respondent would
be $27.56 ($50 × 0.5511 hours). Based
on these estimates, the total annual
internal compliance cost for the
estimated 10,018 reporting institutions
would be approximately $276,096
(10,018 × $27.56).
Rule 17f–1(g) does not require
periodic collection, but it does require
retention of records generated as a result
of compliance with Rule 17f–1. Under
Section 17(b) and (f) of the Act, the
information required by Rule 17f–1(g) is
available to the Commission and
Federal bank regulators for
examinations or collection purposes.
Rule 0–4 of the Securities Exchange Act
deems such information to be
confidential.
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. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Written comments and
recommendations for the proposed
information collection should be sent by
February 9, 2023 to (i) www.reginfo.gov/
public/do/PRAMain and (ii) David
Bottom, Director/Chief Information
VerDate Sep<11>2014
17:32 Jan 09, 2023
Jkt 259001
Officer, Securities and Exchange
Commission, c/o John Pezzullo, 100 F
Street NE, Washington, DC 20549, or by
sending an email to: PRA_Mailbox@
sec.gov.
Dated: January 4, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023–00218 Filed 1–9–23; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–570, OMB Control
No.3235–0632]
Proposed Collection; Comment
Request; Extension: Rule 12h–1(f)
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.), 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 for extension
and approval.
Rule 12h–1(f) (17 CFR 240.12h–1(f))
under the Securities Exchange Act of
1934 (‘‘Exchange Act’’) provides an
exemption from the Exchange Act
Section 12(g) registration requirements
for compensatory employee stock
options of issuers that are not required
to file periodic reports under the
Exchange Act. The information required
under Exchange Act Rule 12h–1 is not
filed with the Commission. Exchange
Act Rule 12h–1(f) permits issuers to
provide the required information to the
option holders either by: (i) physical or
electronic delivery of the information;
or (ii) written notice to the option
holders of the availability of the
information on a password-protected
internet site. We estimate that it takes
approximately 2 burden hours per
response to prepare and provide the
information required under Rule 12h–
1(f) and that the information is prepared
and provided by approximately 40
respondents. We estimate that 25% of
the 2 hours per response (0.5 hours) is
prepared by the company for a total
annual reporting burden of 20 hours (0.5
hours per response × 40 responses).
Written comments are invited on: (a)
whether this proposed collection of
information is necessary for the proper
PO 00000
Frm 00100
Fmt 4703
Sfmt 4703
performance of the functions of the
agency, including whether the
information will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden imposed by the 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
in writing within 60 days of this
publication by March 13, 2023.
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.
Please direct your written comment 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.
Dated: January 4, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023–00221 Filed 1–9–23; 8:45 am]
BILLING CODE 8011–01–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
Public Notice for Waiver of
Aeronautical Land Use Assurance
Centennial Airport, Centennial,
Colorado
Federal Aviation
Administration, (FAA), DOT.
ACTION: Notice of request to waive
aeronautical land use assurance.
AGENCY:
The FAA proposes to rule and
invite public comment on a proposal
from the Centennial Airport, Executive
Director to change a portion of the
airport from aeronautical use to nonaeronautical use at Centennial Airport,
Englewood, Colorado. The proposal
involves a parcel of airport property on
the Northeast side of the airfield.
DATES: Comments are due within 30
days of the date of the publication of
this notice in the Federal Register.
Emailed comments can be provided to
Mr. Michael Matz, Project Manager/
Compliance Specialist, Denver Airports
District Office, michael.b.matz@faa.gov,
(303) 342–1251.
FOR FURTHER INFORMATION CONTACT: Mr.
Michael Fronapfel, Executive Director,
SUMMARY:
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10JAN1
]]>Agencies
[Federal Register Volume 88, Number 6 (Tuesday, January 10, 2023)]
[Notices]
[Page 1444]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-00221]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-570, OMB Control No.3235-0632]
Proposed Collection; Comment Request; Extension: Rule 12h-1(f)
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.), 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 for extension and approval.
Rule 12h-1(f) (17 CFR 240.12h-1(f)) under the Securities Exchange
Act of 1934 (``Exchange Act'') provides an exemption from the Exchange
Act Section 12(g) registration requirements for compensatory employee
stock options of issuers that are not required to file periodic reports
under the Exchange Act. The information required under Exchange Act
Rule 12h-1 is not filed with the Commission. Exchange Act Rule 12h-1(f)
permits issuers to provide the required information to the option
holders either by: (i) physical or electronic delivery of the
information; or (ii) written notice to the option holders of the
availability of the information on a password-protected internet site.
We estimate that it takes approximately 2 burden hours per response to
prepare and provide the information required under Rule 12h-1(f) and
that the information is prepared and provided by approximately 40
respondents. We estimate that 25% of the 2 hours per response (0.5
hours) is prepared by the company for a total annual reporting burden
of 20 hours (0.5 hours per response x 40 responses).
Written comments are invited on: (a) whether this proposed
collection of information is necessary for the proper performance of
the functions of the agency, including whether the information will
have practical utility; (b) the accuracy of the agency's estimate of
the burden imposed by the 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 in writing within 60
days of this publication by March 13, 2023.
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.
Please direct your written comment 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:
[email protected].
Dated: January 4, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-00221 Filed 1-9-23; 8:45 am]
BILLING CODE 8011-01-P
