
[Federal Register: January 21, 2010 (Volume 75, Number 13)]
[Notices]               
[Page 3503]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21ja10-93]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Proposed Collection; 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 15c3-1f; SEC File No. 270-440; OMB Control No. 3235-0496.

    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 comment on the existing 
collection of information provided for in the following rule: Appendix 
F to Rule 15c3-1 (``Appendix F'') (17 CFR 240.15c3-1f) under the 
Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (``Exchange 
Act'').
    Appendix F requires a broker-dealer choosing to register, upon 
Commission approval, as an OTC derivatives dealer to develop and 
maintain an internal risk management system based on Value-at-Risk 
(``VAR'') models. Appendix F also requires the OTC derivatives dealer 
to notify Commission staff of the system and of certain other periodic 
information including when the VAR model deviates from the actual 
performance of the OTC derivatives dealer's portfolio. It is 
anticipated that a total of five (5) broker-dealers will spend 1,000 
hours per year complying with Appendix F. The total burden is estimated 
to be approximately 5,000 hours.
    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.
    Comments should be directed to Charles Boucher, 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.

    Dated: January 13, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-1022 Filed 1-20-10; 8:45 am]
BILLING CODE 8011-01-P

