82 FR 12377 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 40 (March 2, 2017)

[Federal Register Volume 82, Number 40 (Thursday, March 2, 2017)]
[Notices]
[Pages 12377-12378]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-04023]


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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:
    Investor Form; SEC File No. 270-485, OMB Control No. 3235-0547.

    Notice is hereby given pursuant to the Paperwork Reduction Act of 
1995 (44 U.S.C. 3501 et seq.) that 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 (``OMB'') for extension and approval.
    Each year the Commission receives several thousand contacts from 
investors who have complaints or questions on a wide range of 
investment-related issues. To make it easier for the public to contact 
the agency electronically, the Commission's Office of Investor 
Education and

[[Page 12378]]

Advocacy (``OIEA'') created an electronic form (the Investor Form) that 
provides drop down options to choose from in order to categorize the 
investor's complaint or question, and may also provide the investor 
with automated information about their issue. The Investor Form asks 
investors to provide information concerning, among other things, their 
names, how they can be reached, the names of the individuals or 
entities involved, the nature of their complaint or tip, what documents 
they can provide, and what, if any, actions they have taken. Use of the 
Investor Form is voluntary. Absent the forms, the public still has 
several ways to contact the agency, including telephone, facsimile, 
letters, and email. Investors can access the Investor Form through the 
consolidated Investor Complaint and Question Web page.
    OIEA receives approximately 20,000 contacts each year through the 
Investor Form. Investors who choose not to use the Investor Form 
receive the same level of service as those who do. The dual purpose of 
the form is to make it easier for the public to contact the agency with 
complaints, questions, tips, or other feedback and to further 
streamline the workflow of Commission staff that record, process, and 
respond to investor contacts.
    The Commission uses the information that investors supply on the 
Investor Form to review and process the contact (which may, in turn, 
involve responding to questions, processing complaints, or, as 
appropriate, initiating enforcement investigations), to maintain a 
record of contacts, to track the volume of investor complaints, and to 
analyze trends. Use of the Investor Form is voluntary. The Investor 
Form asks investors to provide information concerning, among other 
things, their names, how they can be reached, the names of the 
individuals or entities involved, the nature of their complaint or tip, 
what documents they can provide, and what, if any, actions they have 
taken.
    The staff of the Commission estimates that the total reporting 
burden for using the Investor Form is 5,000 hours. The calculation of 
this estimate depends on the number of investors who use the forms each 
year and the estimated time it takes to complete the forms: 20,000 
respondents x 15 minutes = 5,000 burden hours.
    The Commission may not conduct or sponsor a collection of 
information unless it displays a currently valid control number. No 
person shall be subject to any penalty for failing to comply with a 
collection of information subject to the PRA that does not display a 
valid OMB control number.
    Written comments are invited on: (a) Whether the 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 of 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.
    Please direct your written comments to Pamela C. Dyson, Chief 
Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 100 F St. NE., Washington, DC 20549; or send an email to: 
[email protected].

    Dated: February 24, 2017.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2017-04023 Filed 3-1-17; 8:45 am]
BILLING CODE 8011-01-P