[Federal Register Volume 77, Number 112 (Monday, June 11, 2012)]
[Notices]
[Pages 34415-34416]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-14027]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request, Copies Available From: U.S. Securities and
Exchange Commission, Office of Investor Education and Advocacy,
Washington, DC 20549-0213.
Extension:
Rule 17f-1(b); OMB Control No. 3235-0032; SEC File No. 270-28.
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 17f-1(b) (17 CFR
240.17f-1(b) under the Securities Exchange Act of 1934 (15 U.S.C. 78a
et seq.) (``Exchange Act''). The Commission plans to submit this
existing collection of information to the Office of Management and
Budget (``OMB'') for extension and approval.
Rule 17f-1(b) under the Exchange Act requires approximately 25,000
entities in the securities industry to register in the Lost and Stolen
Securities Program (``Program''). Registration fulfills a statutory
requirement that entities report and inquire about missing, lost,
counterfeit, or stolen securities. Registration also allows entities in
the securities industry to gain access to a confidential database that
stores information for the Program.
The Commission staff estimates that 1,000 new entities will
register in the Program each year. The staff estimates that the average
number of hours necessary to comply with Rule 17f-1(b) is one-half
hour. Accordingly, the staff estimates that total annual burden for all
participants is 500 hours (1,000 x one-half hour).
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 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.
The Commission may not conduct or sponsor a collection of
information unless it displays a currently valid OMB control number. No
person shall be subject to any penalty for failing to comply with a
collection of information subject to the PRA that does not display a
valid OMB control number.
Please direct your comments to: Thomas Bayer, Director/Chief
Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 6432 General Green Way,
[[Page 34416]]
Alexandria, VA 22312 or send an email to: [email protected].
Dated: June 5, 2012.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-14027 Filed 6-8-12; 8:45 am]
BILLING CODE 8011-01-P