[Federal Register Volume 79, Number 54 (Thursday, March 20, 2014)]
[Notices]
[Page 15616]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-06126]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0675, SEC File No. 270-620]
Submission for OMB Review; Comment Request
Extension: Form ABS-15G
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'') has submitted to the Office of Management
and Budget this request for extension of the previously approved
collection of information discussed below.
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 an 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).
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.
The public may view the background documentation for this
information collection at the following Web site, 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) 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]. Comments must be submitted to OMB within 30 days of
this notice.
Dated: March 14, 2014.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-06126 Filed 3-19-14; 8:45 am]
BILLING CODE 8011-01-P