82_FR_39301 82 FR 39143 - Submission for OMB Review; Comment Request

82 FR 39143 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 158 (August 17, 2017)

Page Range39143-39143
FR Document2017-17407

Federal Register, Volume 82 Issue 158 (Thursday, August 17, 2017) 
[Federal Register Volume 82, Number 158 (Thursday, August 17, 2017)]
[Notices]
[Page 39143]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-17407]


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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 FOIA Services, 100 F Street NE., Washington, DC 
20549-2736

Extension:
    Rule 17a-10, SEC File No. 270-154, OMB Control No. 3235-0122

    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'') has submitted to the Office of Management 
and Budget (``OMB'') a request for approval of extension of the 
previously approved collection of information provided for in Rule 17a-
10 (17 CFR 240.17a-10) under the Securities Exchange Act of 1934 (15 
U.S.C. 78a et seq.) (``Exchange Act'').
    The primary purpose of Rule 17a-10 is to obtain the economic and 
statistical data necessary for an ongoing analysis of the securities 
industry. Paragraph (a)(1) of Rule 17a-10 generally requires broker-
dealers that are exempted from the requirement to file monthly and 
quarterly reports pursuant to paragraph (a) of Exchange Act Rule 17a-5 
(17 CFR 240.17a-5) to file with the Commission the Facing Page, a 
Statement of Income (Loss), and balance sheet from Part IIA of Form X-
17A-5 \1\ (17 CFR 249.617), and Schedule I of Form X-17A-5 not later 
than 17 business days after the end of each calendar year.
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    \1\ Form X-17A-5 is the Financial and Operational Combined 
Uniform Single Report (``FOCUS Report''), which is used by broker-
dealers to provide certain required information to the Commission.
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    Paragraph (a)(2) of Rule 17a-10 requires a broker-dealer subject to 
Rule 17a-5(a) to submit Schedule I of Form X-17A-5 with its Form X-17A-
5 for the calendar quarter ending December 31 of each year. The burden 
associated with filing Schedule I of Form X-17A-5 is accounted for in 
the PRA filing associated with Rule 17a-5.
    Paragraph (b) of Rule 17a-10 provides that the provisions of 
paragraph (a) do not apply to members of national securities exchanges 
or registered national securities associations that maintain records 
containing the information required by Form X-17A-5 and which transmit 
to the Commission copies of the records pursuant to a plan which has 
been declared effective by the Commission.
    The Commission estimates that approximately 38 broker-dealers will 
spend an average of 12 hours per year complying with Rule 17a-10. Thus, 
the total compliance burden is estimated to be approximately 456 
burden-hours per year.
    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.
    The public may view background documentation for this information 
at the following Web site: www.reginfo.gov. Comments should be directed 
to: (i) Desk Officer for the Securities and Exchange Commission, Office 
of Information and Regulatory Affairs, Office of Management and Budget, 
Room 10102, New Executive Office Building, Washington, DC 20503, or by 
sending an email to: [email protected]; and (ii) Pamela Dyson, 
Director/Chief Information Officer, Securities and Exchange Commission, 
c/o Remi Pavlik-Simon, 100 F Street NE. Washington, DC 20549, or by 
sending an email to: [email protected]. Comments must be submitted to 
OMB within 30 days of this notice.

     Dated: August 14, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-17407 Filed 8-16-17; 8:45 am]
BILLING CODE 8011-01-P

Federal Register / Vol. 82, No. 158 / Thursday, August 17, 2017 / Notices 39143 multiplied by an average hourly rate of Dated: August 14, 2017. information required by Form X–17A–5 $207 6). The total resulting internal cost of Eduardo A. Aleman, and which transmit to the Commission compliance for a respondent is $14,283 per Assistant Secretary. copies of the records pursuant to a plan year (3 responses × $4,761 per response). which has been declared effective by the [FR Doc. 2017–17405 Filed 8–16–17; 8:45 am] In addition to filing its proposed rule Commission. BILLING CODE 8011–01–P changes, and any amendments thereto, with the Commission, a respondent is also The Commission estimates that required to post each of its proposals and any approximately 38 broker-dealers will amendments thereto, on its Web site. This SECURITIES AND EXCHANGE spend an average of 12 hours per year process takes approximately 0.5 hours to COMMISSION complying with Rule 17a–10. Thus, the complete per proposal and 0.5 hours per total compliance burden is estimated to amendment. Thus, for the approximately 3 Submission for OMB Review; be approximately 456 burden-hours per responses and 0 amendments,7 the total Comment Request year. annual reporting burden on a respondent to Upon Written Request, Copies Available An agency may not conduct or post these on its Web site is 1.5 hours ((3 From: Securities and Exchange sponsor, and a person is not required to proposals per year × 0.5 hours per filing) + Commission, Office of FOIA Services, respond to, a collection of information (0 amendments × 0.5 hours)). Further, a 100 F Street NE., Washington, DC under the PRA unless it displays a respondent is required to update its rulebook, currently valid OMB control number. 20549–2736 which it maintains on its Web site, to reflect the changes that it makes in each proposal Extension: The public may view background and any amendment thereto. Thus, for all Rule 17a–10, SEC File No. 270–154, OMB documentation for this information at filings that were not withdrawn by a Control No. 3235–0122 the following Web site: respondent (0 withdrawn filings in calendar Notice is hereby given that pursuant www.reginfo.gov. Comments should be years 2014–2016) or disapproved by the to the Paperwork Reduction Act of 1995 directed to: (i) Desk Officer for the Commission (0 disapproved filings in (44 U.S.C. 3501 et seq.) (‘‘PRA’’), the Securities and Exchange Commission, calendar years 2014–2016), a respondent was Securities and Exchange Commission Office of Information and Regulatory required to update its online rulebook to (‘‘Commission’’) has submitted to the Affairs, Office of Management and reflect the effectiveness of 3 filings on Office of Management and Budget Budget, Room 10102, New Executive average, each of which takes approximately (‘‘OMB’’) a request for approval of Office Building, Washington, DC 20503, 4 hours to complete per proposal. Thus, the or by sending an email to: Shagufta_ extension of the previously approved total annual reporting burden for updating an Ahmed@omb.eop.gov; and (ii) Pamela collection of information provided for in online rulebook is 12 hours ((3 filings per Dyson, Director/Chief Information year—0 withdrawn filings—0 disapproved Rule 17a–10 (17 CFR 240.17a–10) under the Securities Exchange Act of 1934 (15 Officer, Securities and Exchange filings) × 4 hours). U.S.C. 78a et seq.) (‘‘Exchange Act’’). Commission, c/o Remi Pavlik-Simon, Compliance with Rule 19b–7 is mandatory. Information received in response to Rule The primary purpose of Rule 17a–10 100 F Street NE. Washington, DC 20549, 19b–7 is not kept confidential; the is to obtain the economic and statistical or by sending an email to: PRA_ information collected is public information. data necessary for an ongoing analysis Mailbox@sec.gov. Comments must be An agency may not conduct or sponsor, of the securities industry. Paragraph submitted to OMB within 30 days of and a person is not required to respond to, (a)(1) of Rule 17a–10 generally requires this notice. a collection of information under the PRA broker-dealers that are exempted from Dated: August 14, 2017. unless it displays a currently valid OMB the requirement to file monthly and Eduardo A. Aleman, control number. quarterly reports pursuant to paragraph The public may view background Assistant Secretary. (a) of Exchange Act Rule 17a–5 (17 CFR documentation for this information [FR Doc. 2017–17407 Filed 8–16–17; 8:45 am] 240.17a–5) to file with the Commission collection at the following Web site: the Facing Page, a Statement of Income BILLING CODE 8011–01–P www.reginfo.gov. Comments should be (Loss), and balance sheet from Part IIA directed to: (i) Desk Officer for the Securities of Form X–17A–5 1 (17 CFR 249.617), and Exchange Commission, Office of and Schedule I of Form X–17A–5 not SECURITIES AND EXCHANGE Information and Regulatory Affairs, Office of COMMISSION later than 17 business days after the end Management and Budget, Room 10102, New Executive Office Building, Washington, DC of each calendar year. Submission for OMB Review; 20503, or by sending an email to: Shagufta_ Paragraph (a)(2) of Rule 17a–10 Comment Request Ahmed@omb.eop.gov; and (ii) Pamela Dyson, requires a broker-dealer subject to Rule Director/Chief Information Officer, Securities 17a–5(a) to submit Schedule I of Form Upon Written Request, Copies Available and Exchange Commission, c/o Remi Pavlik- X–17A–5 with its Form X–17A–5 for the From: Securities and Exchange Simon, 100 F Street NE., Washington, DC calendar quarter ending December 31 of Commission, Office of FOIA Services, 20549, or by sending an email to: PRA_ each year. The burden associated with 100 F Street NE., Washington, DC Mailbox@sec.gov. Comments must be filing Schedule I of Form X–17A–5 is 20549–2736. submitted to OMB within 30 days of this accounted for in the PRA filing notice. associated with Rule 17a–5. Extension: Rule 17f–2(e); SEC File No. 270– Paragraph (b) of Rule 17a–10 provides 037; OMB Control No. 3235–0031. Commission staff to account for inflation and an that the provisions of paragraph (a) do Notice is hereby given that pursuant 1800-hour work-year and then multiplied by 5.35 not apply to members of national to the Paperwork Reduction Act of 1995 to account for bonuses, firm size, employee securities exchanges or registered (‘‘PRA’’) (44 U.S.C. 3501 et seq.), the sradovich on DSK3GMQ082PROD with NOTICES benefits, and overhead. 6 The $207 per hour figure for a Paralegal is from national securities associations that Securities and Exchange Commission SIFMA’s Management & Professional Earnings in maintain records containing the (‘‘Commission’’) has submitted to the the Securities Industry 2013, modified by Office of Management and Budget Commission staff to account for inflation and an 1 Form X–17A–5 is the Financial and Operational (‘‘OMB’’) a request for approval of 1800-hour work-year and then multiplied by 5.35 Combined Uniform Single Report (‘‘FOCUS to account for bonuses, firm size, employee Report’’), which is used by broker-dealers to extension of the previously approved benefits, and overhead. provide certain required information to the collection of information provided for in 7 See supra note 4. Commission. Rule 17f–2(e) (17 CFR 240.17f–2(e)) VerDate Sep<11>2014 19:44 Aug 16, 2017 Jkt 241001 PO 00000 Frm 00041 Fmt 4703 Sfmt 4703 E:\FR\FM\17AUN1.SGM 17AUN1


Document Created: 2017-08-17 01:42:58
Document Modified: 2017-08-17 01:42:58
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation82 FR 39143 
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