80 FR 77397 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 239 (December 14, 2015)

Page Range		77397-77397
FR Document		2015-31362

Federal Register, Volume 80 Issue 239 (Monday, December 14, 2015)

[Federal Register Volume 80, Number 239 (Monday, December 14, 2015)]
[Notices]
[Page 77397]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-31362]


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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:
    Schedule 14D-1F, OMB Control No. 3235-0376, SEC File No. 270-
338.

    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'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget for extension and approval.
    Schedule 14D-1F (17 CFR 240.14d-102) is a form that may be used by 
any person (the ``bidder'') making a cash tender or exchange offer for 
securities of any issuer (the ``target'') incorporated or organized 
under the laws of Canada or any Canadian province or territory that is 
a foreign private issuer, where less than 40% of the outstanding class 
of the target's securities that is the subject of the offer is held by 
U.S. holders. Schedule 14D-1F is designed to facilitate cross-border 
transactions in the securities of Canadian issuers. The information 
required to be filed with the Commission provides security holders with 
material information regarding the bidder as well as the transaction so 
that they may make informed investment decisions. Schedule 14D-1F takes 
approximately 2 hours per response to prepare and is filed by 
approximately 2 respondents annually for a total reporting burden of 4 
hours (2 hours per response x 2 responses).
    Written comments are invited on: (a) Whether this proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden imposed by the 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 unless it displays a 
currently valid 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: PRA_Mailbox@sec.gov.

    Dated: December 8, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-31362 Filed 12-11-15; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 80, No. 239 / Monday, December 14, 2015 / Notices 77397

Mailbox@sec.gov. Comments must be of information; (c) ways to enhance the cardholders regarding, address changes.
submitted to OMB within 30 days of quality, utility, and clarity of the Section 248.201 of Regulation S–ID
this notice. information collected; and (d) ways to includes the following information
Dated: December 8, 2015. minimize the burden of the collection of collection requirements for each SEC-
Brent J. Fields,
information on respondents, including regulated entity that qualifies as a
through the use of automated collection ‘‘financial institution’’ or ‘‘creditor’’
Secretary.
techniques or other forms of information under Regulation S–ID and that offers or
[FR Doc. 2015–31360 Filed 12–11–15; 8:45 am]
technology. Consideration will be given maintains covered accounts: (i) Creation
BILLING CODE 8011–01–P to comments and suggestions submitted and periodic updating of an identity
in writing within 60 days of this theft prevention program (‘‘Program’’)
publication. that is approved by the board of
SECURITIES AND EXCHANGE An agency may not conduct or directors, an appropriate committee
COMMISSION sponsor, and a person is not required to thereof, or a designated senior
Proposed Collection; Comment respond to, a collection of information management employee; (ii) periodic
Request unless it displays a currently valid staff reporting to the board of directors
control number. on compliance with the Identity Theft
Upon Written Request Copies Available Please direct your written comments Red Flags Rules and related guidelines;
From: Securities and Exchange to Pamela Dyson, Director/Chief and (iii) training of staff to implement
Commission, Office of FOIA Services, Information Officer, Securities and the Program. Section 248.202 of
100 F Street NE., Washington, DC Exchange Commission, c/o Remi Pavlik- Regulation S–ID includes the following
20549–2736. Simon, 100 F Street NE., Washington, information collection requirements for
Extension: DC 20549; or send an email to: PRA_ each SEC-regulated entity that is a credit
Schedule 14D–1F, OMB Control No. 3235– Mailbox@sec.gov. or debit card issuer: (i) Establishment of
0376, SEC File No. 270–338. Dated: December 8, 2015. policies and procedures that assess the
Notice is hereby given that, pursuant Brent J. Fields, validity of a change of address
to the Paperwork Reduction Act of 1995 Secretary.
notification if a request for an additional
(44 U.S.C. 3501 et seq.), the Securities or replacement card on the account
[FR Doc. 2015–31362 Filed 12–11–15; 8:45 am]
and Exchange Commission follows soon after the address change;
BILLING CODE 8011–01–P
(‘‘Commission’’) is soliciting comments and (ii) notification of a cardholder,
on the collection of information before issuance of an additional or
summarized below. The Commission SECURITIES AND EXCHANGE replacement card, at the previous
plans to submit this existing collection COMMISSION address or through some other
of information to the Office of previously agreed-upon form of
Management and Budget for extension Proposed Collection; Comment communication, or alternatively,
and approval. Request assessment of the validity of the address
Schedule 14D–1F (17 CFR 240.14d– change request through the entity’s
Upon Written Request, Copies Available established policies and procedures.
102) is a form that may be used by any
From: Securities and Exchange SEC staff estimates of the hour
person (the ‘‘bidder’’) making a cash
Commission, Office of FOIA Services, burdens associated with section 248.201
tender or exchange offer for securities of
100 F Street NE., Washington, DC under Regulation S–ID include the one-
any issuer (the ‘‘target’’) incorporated or
20549–2736. time burden of complying with this
organized under the laws of Canada or
any Canadian province or territory that Extension: section for newly-formed SEC-regulated
is a foreign private issuer, where less Regulation S–ID, OMB Control No. 3235– entities, as well as the ongoing costs of
than 40% of the outstanding class of the 0692, SEC File No. 270–644. compliance for all SEC-regulated
target’s securities that is the subject of Notice is hereby given that, pursuant entities. With respect to the one-time
the offer is held by U.S. holders. to the Paperwork Reduction Act of 1995 burden hours, staff estimates that each
Schedule 14D–1F is designed to (44 U.S.C. 3501 et seq.), the Securities newly-formed financial institution or
facilitate cross-border transactions in and Exchange Commission (the creditor would incur a burden of 2
the securities of Canadian issuers. The ‘‘Commission’’) is soliciting comments hours to conduct an initial assessment
information required to be filed with the on the collection of information of covered accounts. Staff estimates that
Commission provides security holders summarized below. The Commission approximately 644 SEC-regulated
with material information regarding the plans to submit this existing collection financial institutions and creditors are
bidder as well as the transaction so that of information to the Office of newly formed each year, and the total
they may make informed investment Management and Budget for extension estimated one-time burden to initially
decisions. Schedule 14D–1F takes and approval. assess covered accounts is therefore
approximately 2 hours per response to Regulation S–ID (17 CFR 248), 1,288 hours. Staff also estimates that
prepare and is filed by approximately 2 including the information collection each financial institution or creditor
respondents annually for a total requirements thereunder, is designed to that maintains covered accounts would
reporting burden of 4 hours (2 hours per better protect investors from the risks of incur an additional initial burden of 29
response × 2 responses). identity theft. Under Regulation S–ID, hours to develop and obtain board
mstockstill on DSK4VPTVN1PROD with NOTICES

Written comments are invited on: (a) SEC-regulated entities are required to approval of a Program and to train the
Whether this proposed collection of develop and implement reasonable staff of the financial institution or
information is necessary for the proper policies and procedures to identify, creditor. Staff estimates that
performance of the functions of the detect, and respond to relevant red flags approximately 580 SEC-regulated
agency, including whether the (the ‘‘Identity Theft Red Flags Rules’’) financial institutions and creditors that
information will have practical utility; and, in the case of entities that issue maintain covered accounts are newly
(b) the accuracy of the agency’s estimate credit or debit cards, to assess the formed each year, and thus the total
of the burden imposed by the collection validity of, and communicate with estimated one-time burden to develop

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Document Created: 2015-12-14 13:47:46
Document Modified: 2015-12-14 13:47:46

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		80 FR 77397