[Federal Register Volume 83, Number 143 (Wednesday, July 25, 2018)]
[Notices]
[Page 35296]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-15854]
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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 17f-1(b), SEC File No. 270-028, OMB Control No. 3235-0032
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 17f-1(b) (17 CFR
240.17f-1(b)), under the Securities Exchange Act of 1934 (15 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.
Under Rule 17f-1(b) under the Exchange Act, approximately 10,000
entities in the securities industry are registered 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 10 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 5 hours (10 x one-half hour). The Commission staff
estimates that compliance staff work at subject entities results in an
internal cost of compliance, at an estimated hourly wage of $283, of
$141.50 per year per entity (.5 hours x $283 per hour = $141.50 per
year). Therefore, the aggregate annual internal cost of compliance is
approximately $1,415 ($141.50 x 10= $1,415).
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
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
Candace Kenner, 100 F Street NE, Washington, DC 20549, or send an email
to: [email protected].
Dated: July 19, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-15854 Filed 7-24-18; 8:45 am]
BILLING CODE 8011-01-P