
[Federal Register: January 30, 2009 (Volume 74, Number 19)]
[Notices]               
[Page 5689-5690]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr30ja09-99]                         

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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:
    Form SH--OMB Control No. 3235-0646--SEC File No. 270-585.

    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'') is soliciting comments on the collection of 
information

[[Page 5690]]

summarized below. The Commission plans to submit this existing 
collection of information to the Office of Management and Budget for 
extension and approval.
    Form SH (17 CFR 249.326T) is required to be submitted to the 
Commission by institutional investment managers subject to the existing 
Form 13F (17 CFR 249.325) filing requirements on the first business day 
of each week in which the institutional investment manager has entered 
into any new short positions or closed part or all of any short 
positions with respect to any Section 13(f) (15 U.S.C. 78m(f)) 
securities except for options. We estimate that 1,000 institutional 
investment managers subject to the Form 13F filing requirements will 
file Form SH to report the entry into short positions with respect to 
Section 13(f) securities. We estimate that each will file 36 Form SH 
reports during the nine-month period that Rule 10a-3T will be in 
effect. We further estimate that each of the 1,000 institutional 
investment managers will spend an average of 20 hours preparing each 
Form SH. Therefore the estimated total reporting burden associated with 
Form SH is 720,000 hours (1,000 respondents x 20 hours per form x 36 
forms).
    Written comments are invited on: (a) Whether this 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 
imposed by 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, Virginia 22312; or send an e-mail to: 
PRA_Mailbox@sec.gov.

    January 26, 2009.
Florence E. Harmon,
Deputy Secretary.
 [FR Doc. E9-2019 Filed 1-29-09; 8:45 am]

BILLING CODE 8011-01-P
