[Federal Register Volume 75, Number 144 (Wednesday, July 28, 2010)]
[Notices]
[Pages 44295-44296]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-18447]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of Investor Education and Advocacy, Washington, DC
20549-0213.
Extension:
Rule 203-3, Form ADV-H; SEC File No. 270-481; OMB Control No. 3235-
0538.
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 (the ``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.
The title for the collection of information is ``Rule 203-3 and
Form ADV-H under the Investment Advisers Act of 1940.'' Rule 203-3 (17
CFR 275.203-3) under the Investment Advisers Act of 1940 (15 U.S.C.
80b) establishes procedures for an investment adviser to obtain a
hardship exemption from the electronic filing requirements of the
Investment Advisers Act. Rule 203-3 requires every person requesting a
hardship exemption to file Form ADV-H (17 CFR 279.3) with the
Commission. The purpose of this collection of information is to permit
advisers to obtain a hardship exemption, on a continuing or temporary
basis, to not complete an electronic filing. The temporary hardship
exemption permits advisers to make late filings due to unforeseen
computer or software problems, while the continuing hardship exemption
permits advisers to submit all required electronic filings on hard copy
for data entry by the operator of the IARD.
The respondents to the collection of information are all investment
advisers that are registered with the Commission. The Commission has
estimated that compliance with the requirement to complete Form ADV-H
imposes a total
[[Page 44296]]
burden of approximately 1 hour for an adviser. Based on our experience
with hardship filings, we estimate that we will receive 11 Form ADV-H
filings annually. Based on the 60 minute per respondent estimate, the
Commission estimates a total annual burden of 11 hours for this
collection of information.
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 Charles Boucher, Director/
CIO, Securities and Exchange Commission, C/O Shirley Martinson, 6432
General Green Way, Alexandria, VA 22312; or send an e-mail to: [email protected].
Dated: July 21, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-18447 Filed 7-27-10; 8:45 am]
BILLING CODE 8010-01-P