[Federal Register Volume 62, Number 91 (Monday, May 12, 1997)]
[Notices]
[Pages 25981-25982]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-12353]


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SECURITIES 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.

Extension

Rule 6a-1 and Form 1, SEC File No. 270-18; OMB Control No. 3235-
0017.
Rule 6a-2 and Form 1-A; SEC File No. 270-13; OMB Control No. 3235-
0022.
Rule 15Ba2-1 and Form MSD; SEC File No. 270-88; OMB Control No. 
3235-0083.
Rule 17Ac2-2 and Form TA-2; SEC File No. 270-298; OMB Control No. 
3235-0337.

    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 requests for approval of extension on previously approved 
collections of information:
    Rule 6a-1 and Form 1 states that the Commission may not grant 
registration to an exchange as a national securities

[[Page 25982]]

exchange unless it finds, among other things, that the exchange is 
organized so that it has the capacity to carry out the purposes and to 
comply with the Securities Exchange Act of 1934 (``Exchange Act''). 
Form 1 is necessary because it requires the information needed by the 
Commission to determine whether granting registration to an exchange 
would be appropriate.
    Because Form 1 is filed on a one-time basis by an exchange, it is 
estimated that approximately 1 respondent incurs an average of 45 
burden hours annually to comply with the rule.
    Rule 6a-2 requires that registered and exempted national securities 
exchanges file Form 1-A on an annual basis. Form 1-A is necessary 
because it informs the Commission of any changes to Form 1 during the 
exchange's preceding fiscal year.
    Form 1-A is required to be filed annually by a registered or 
exempted exchange to update information required to be filed on Form 1 
which has changed during the exchange's preceding fiscal year. Such 
information is elicited, pursuant to the requirements of Rule 6a-1 
under the Exchange Act, on Form 1. It is estimated that approximately 9 
respondents incur a total of 270 burden hours annually to comply with 
the rule.
    Rule 15Ba2-1 provides that an application for registration by a 
bank municipal securities dealer must be filed on Form MSD. The 
information required to be disclosed on Form MSD is necessary for the 
Commission to determine whether or not registration as a municipal 
securities dealer should be granted.
    It is estimated that approximately 40 respondents will utilize this 
application procedure annually, with a total burden of 60 hours, based 
upon past submissions.
    Rule 17Ac2-2 requires transfer agents, who are not exempt, to file 
an annual report of their business activities on Form TA-2 with the 
Commission, the Comptroller of the Currency, the Board of Governors of 
the Federal Reserve System, or the Federal Deposit Insurance 
Corporation.
    It is estimated that approximately 1,000 respondents are exempt 
from providing certain information contained in the annual report. An 
additional 400 non-exempt respondents will file an annual report. The 
total annual burden is 1,000 hours for exempt respondents and 2,000 
hours for non-exempt respondents, based upon past submissions.
    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. 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: May 6, 1997.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 97-12353 Filed 5-9-97; 8:45 am]
BILLING CODE 8010-01-M