[Federal Register Volume 75, Number 204 (Friday, October 22, 2010)]
[Notices]
[Pages 65391-65392]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-26678]
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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 Filings and Information Services, Washington, DC
20549.
Extension:
Rule 17a-3(a)(16); SEC File No. 270-452; OMB Control No. 3235-
0508.
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'') has submitted to the Office of Management
and Budget (``OMB'') a request for extension of the previously approved
collection of information discussed below.
Rule 17a-3(a)(16) (17 CFR Sec. 240.17a-3(a)(16)) under the
Securities Exchange Act of 1934 (the ``Act'') (15 U.S.C. 78q et seq.)
identifies the records required to be made by broker-dealers
[[Page 65392]]
that operate internal broker-dealer systems. Those records are to be
used in monitoring compliance with the Commission's financial
responsibility program and antifraud and antimanipulative rules, as
well as other rules and regulations of the Commission and the self-
regulatory organizations. It is estimated that approximately 105 active
broker-dealer respondents registered with the Commission incur an
average burden of 2,835 hours per year (105 respondents multiplied by
27 burden hours per respondent equals 2,385 total burden hours) to
comply with this rule.\1\
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\1\ The average cost per hour is $258. Therefore the total cost
of compliance for the respondents is $731,430.
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Rule 17a-3(a)(16) does not contain record retention requirements.
Compliance with the rule is mandatory. The required records are
available only to the examination staff of the Commission and the self-
regulatory organization of which the broker-dealer is a member. 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.
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 e-mail to: [email protected]; and (ii) Jeffrey Heslop, Acting Director/Chief
Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 6432 General Green Way, Alexandria, VA 22312, or send an
e-mail to: [email protected]. Comments must be submitted to OMB
within 30 days of this notice.
Dated: October 18, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-26678 Filed 10-21-10; 8:45 am]
BILLING CODE 8011-01-P