80 FR 35690 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 119 (June 22, 2015)

[Federal Register Volume 80, Number 119 (Monday, June 22, 2015)]
[Notices]
[Pages 35690-35691]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-15173]


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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. 270-28, OMB Control No. 3235-0032.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.) (``PRA''), 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.) (``Exchange Act''). The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget (``OMB'') for extension and approval.
    Rule 17f-1(b) under the Exchange Act requires approximately 15,517 
entities in the securities industry to register 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)

[[Page 35691]]

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 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: June 16, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-15173 Filed 6-19-15; 8:45 am]
BILLING CODE 8011-01-P