[Federal Register Volume 62, Number 65 (Friday, April 4, 1997)]
[Notices]
[Pages 16205-16206]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-8653]


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SECURITES AND EXCHANGE COMMISSION


Submission for OMB Review; Comment Request

Upon Written Request Copies Available From: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, DC 
20549
Existing Collection: Rule 17a-6, SEC File No. 270-433, OMB Control No. 
3235-new

    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 a request for approval of the following rule:
    Rule 17a-6 (17 CFR 240.17a-6) permits national securities 
exchanges, national securities associations, registered clearing 
agencies, and the Municipal Securities Rulemaking Board (collectively, 
``SROs'') to destroy or convert to microfilm or other recording media 
records maintained under Rule 17a-1, if they have filed a record 
destruction plan with the Commission and the Commission has declared 
such plan effective.
    There are 25 SROs: 8 national securities exchanges, 1 national 
securities associations, 15 registered clearing agencies, and the 
Municipal Securities Rulemaking Board. These respondents file no more 
than one record destruction plan per year, which requires approximately 
40 hours for each respondent. Thus, the total compliance burden is 40 
hours. The approximate cost per hour is $100, resulting in a total cost 
of compliance for these respondents of $4,000 per year (40 hours @ 
$100).
    General comments regarding the estimated burden hours should be 
directed to the Desk Officer for the Securities and Exchange Commission 
at the address below. Any comments concerning the accuracy of the 
estimated average burden hours for compliance with Commission rules and 
forms should be directed to Michael E. Bartell, Associate Executive 
Director, Office of Information Technology, Securities and Exchange 
Commission, 450 Fifth Street, N.W., Washington, D.C.

[[Page 16206]]

20549 and Desk Officer for the Securities and Exchange Commission, 
Office of Information and Regulatory Affairs, Office of Management and 
Budget, Room 3208, New Executive Office Building, Washington, D.C. 
20503.

    Dated: March 28, 1997.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 97-8653 Filed 4-3-97; 8:45 am]
BILLING CODE 8010-01-M