

[Federal Register: August 7, 2006 (Volume 71, Number 151)]
[Notices]               
[Page 44727-44728]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr07au06-107]                         

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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 17f-1(b); SEC File No. 270-28; OMB Control No. 3235-
0032.

    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 a request for extension of the previously approved 
collection of information discussed below.
     Rule 17f-1(b): Requirements for reporting and inquiry with 
respect to missing, lost, counterfeit, or stolen securities
    Rule 17f-1(b) (17 CFR 240.17f-1(b)) under the Securities Exchange 
Act of 1934 (15 U.S.C. 78a et seq.) (the ``Act'') requires 
approximately 26,000 entities in the securities industry to register 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.

[[Page 44728]]

    We estimate that 1,000 new entities will register in the Program 
each year. The staff estimates that the average number of hours 
necessary to comply with the Rule 17f-1(b) is one-half hour. The total 
burden is therefore 500 hours (1,000 times one-half) annually for all 
participants.
    Rule 17f-1(b) is a registration obligation only. Registering under 
rule 17f-1(b) is mandatory to obtain the benefit of a central database 
that stores information about missing, lost, counterfeit, or stolen 
securities for the Program. Reporting institutions required to register 
under rule 17f-1(b) will not be kept confidential; however, the Program 
database will be kept confidential. Please note that 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 (1) the 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: David_Rostker@omb.eop.gov; and (ii) R. Corey Booth, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Shirley 
Martinson, 6432 General Green Way, Alexandria, Virginia 22312 or send 
an e-mail to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB 
within 30 days of this notice.

    Dated: July 31, 2006.
Nancy M. Morris,
Secretary.
 [FR Doc. E6-12696 Filed 8-4-06; 8:45 am]

BILLING CODE 8010-01-P
