[Federal Register Volume 81, Number 134 (Wednesday, July 13, 2016)]
[Notices]
[Page 45340]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-16495]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE., Washington, DC
20549-2736.
Extension:
Rule 15Bc3-1 and Form MSDW; SEC File No. 270-93, OMB Control No.
3235-0087.
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (``PRA'') (44 U.S.C. 3501 et seq.), the Securities and
Exchange Commission (``Commission'') is soliciting comments on the
existing collection of information provided for in Rule 15Bc3-1 (17 CFR
15Bc3-1) and Form MSDW (17 CFR 249.1110) under the Securities Exchange
Act of 1934 (17 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 15Bc3-1 provides that a notice of withdrawal from registration
with the Commission as a bank municipal securities dealer must be filed
on Form MSDW. The Commission uses the information submitted on Form
MSDW in determining whether it is in the public interest to permit a
bank municipal securities dealer to withdraw its registration. This
information is also important to the municipal securities dealer's
customers and to the public, because it provides, among other things,
the name and address of a person to contact regarding any of the
municipal securities dealer's unfinished business.
Based upon past submissions, the staff estimates that, on an annual
basis, approximately five bank municipal securities dealers will file a
notice of withdrawal from registration with the Commission as a bank
municipal securities dealer on Form MSDW. The staff estimates that the
average number of hours necessary to comply with the notice
requirements set out in Rule 15Bc3-1 and Form MSDW is 0.5 per
respondent, for a total burden of 2.5 hours per year. The staff
estimates that the average internal compliance cost per hour is
approximately $343. Therefore, the estimated total cost of compliance
for the respondents is approximately $858.
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 will
have practical utility; (b) the accuracy of the Commission's estimate
of the burden of the 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.
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: Pamela Dyson, 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: July 6, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-16495 Filed 7-12-16; 8:45 am]
BILLING CODE 8011-01-P