[Federal Register Volume 79, Number 4 (Tuesday, January 7, 2014)]
[Notices]
[Pages 862-863]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-31611]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request Copies Available From: Securities and Exchange
Commission, Office of Investor Education and Advocacy, Washington, DC
20549-0213.
Extension:
Form ABS-15G, OMB Control No. 3235-0675, SEC File No. 270-620.
[[Page 863]]
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.
Form ABS-15G (17 CFR 249.1300) is used for reports of information
required under Rule 15Ga-1 (17 CFR 240.15Ga-1) of the Exchange Act of
1934 (``Exchange Act''). Exchange Act Rule 15Ga-1 requires asset-backed
securitizers to provide disclosure regarding fulfilled and unfulfilled
repurchase requests with respect to asset-backed securities. The
purpose of the information collected on Form ABS-15G is to implement
the disclosure requirements of Section 943 of the Dodd-Frank Wall
Street Reform and Consumer Protection Act to provide information
regarding the use of representations and warranties in the asset-backed
securities markets. We estimate that approximately 810 securitizers
will file Form ABS-15G annually at estimated 311.223 burden hours per
response. In addition, we estimate that 75% of the 311.223 hours per
response (233.417 hours) is carried internally by the securitizers for
a total annual reporting burden of 189,068 hours (233.417 hours per
response x 810 responses).
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 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.
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 comment to Thomas Bayer, 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: [email protected].
Dated: December 31, 2013.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013-31611 Filed 1-6-14; 8:45 am]
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