
[Federal Register: December 15, 2008 (Volume 73, Number 241)]
[Notices]               
[Page 76069-76070]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr15de08-101]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Submission for OMB Review; Comment Request

Upon written request, copies available from: U.S. Securities and 
Exchange Commission, Office of Investor Education and Advocacy, 
Washington, DC 20549-0213.

Extension: Rule 17Ac2-1, SEC File No. 270-95, OMB Control No. 3235-
0084.

    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 approval of extension of the 
existing collection of information provided for in the following rule: 
Rule 17Ac2-1 (17 CFR 240.17Ac2-1) under the Securities Exchange Act of 
1934 (15 U.S.C. 78a et seq.) (``Exchange Act''). The Commission plans 
to submit this existing collection of information to the Office of 
Management and Budget (``OMB'') for extension and approval.
    Rule 17Ac-2, pursuant to Section 17A(c) of the Exchange Act, 
generally requires transfer agents to register with their Appropriate 
Regulatory Agency (``ARA''), whether the Commission, the

[[Page 76070]]

Comptroller of the Currency, the Board of Governors of the Federal 
Reserve System, the Federal Deposit Insurance Corporation, or the 
Office of Thrift Supervision, and to amend their registrations if the 
information becomes inaccurate, misleading, or incomplete.
    Paragraph 1 of Rule 17Ac-2, requires transfer agents to file a Form 
TA-1 application for registration with the Commission where the 
Commission is their appropriate regulatory agency. Transfer agents must 
also file an amended Form TA-1 application for registration if the 
existing Form TA-1 becomes inaccurate, misleading, or incomplete. The 
Form TA-1s must be filed with the Commission electronically, absent an 
exemption, on EDGAR pursuant to Regulation S-T (17 CFR 232).
    The Commission receives on an annual basis approximately 100 
applications for registration on Form TA-1 from transfer agents 
required to register with the Commission. Included in this figure are 
amendments to Form TA-1 as required by Paragraph (c) of Rule 17Ac2-1 to 
address information that has become inaccurate, misleading, or 
incomplete. Based on past submissions, the staff estimates that the 
average number of hours necessary to comply with the requirements of 
Rule 17Ac-1 and Form TA-1 is one and one-half hours with a total burden 
of 150 hours per year.
    Comments are invited on: (a) Whether the proposed collection of 
information is necessary for the proper performance of the functions of 
the Commission, including whether the information shall have practical 
utility; (b) the accuracy of the Commission's estimates of the burden 
of the proposed collection of information; (c) ways to enhance the 
quality, utility, and clarity of the information to be collected; and 
(d) ways to minimize the burden of the collection of information on 
respondents, including the use of automated collection techniques or 
other forms of information technology. Consideration will be given to 
comments and suggestions submitted within 60 days of this publication.
    Comments should be directed to Lewis A. Walker, Acting Director/
Chief Information Officer, Securities and Exchange Commission, c/o 
Shirley Martinson, 6432 General Green Way, Alexandria, VA 22312 or send 
an e-mail to: PRA_Mailbox@sec.gov.

    Dated: December 8, 2008.
Florence E. Harmon,
Acting Secretary.
 [FR Doc. E8-29508 Filed 12-12-08; 8:45 am]

BILLING CODE 8011-01-P
