83 FR 50713 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 195 (October 9, 2018)

[Federal Register Volume 83, Number 195 (Tuesday, October 9, 2018)]
[Notices]
[Page 50713]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-21833]


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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 17f-1(b); SEC File No. 270-028, OMB Control No. 3235-0032

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (``PRA'') (44 U.S.C. 3501 et seq.), 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 17f-
1(b) (17 CFR 240.17f-1(b)), under the Securities Exchange Act of 1934 
(15 U.S.C. 78a et seq.).
    Under Rule 17f-1(b) under the Exchange Act, approximately 10,000 
entities in the securities industry are registered 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) is one-half hour. 
Accordingly, the staff estimates that the 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).
    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 
collection at the following website: 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) Charles Riddle, Acting Director/
Chief Information Officer, Securities and Exchange Commission, c/o 
Candace Kenner, 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: October 3, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-21833 Filed 10-5-18; 8:45 am]
 BILLING CODE 8011-01-P