
[Federal Register Volume 76, Number 166 (Friday, August 26, 2011)]
[Notices]
[Pages 53502-53503]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-21860]


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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 Investor Education and Advocacy, Washington, DC 
20549.

Extension: Rule 17f-2(c); SEC File No. 270-35; OMB Control No. 3235-
0029.

    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 requests for approval of extension of Rule 17f-2(c) (17 CFR 
240.17f-2(c)).
    Rule 17f-2(c) allows persons required to be fingerprinted pursuant 
to Section 17(f)(2) of the Securities Exchange Act of 1934 to submit 
their fingerprints

[[Page 53503]]

through a registered securities exchange or a national securities 
association in accordance with a plan submitted to and approved by the 
Commission. Plans have been approved for the American, Boston, Chicago, 
New York, Pacific, and Philadelphia stock exchanges and for the 
Financial Industry Regulatory Authority (``FINRA'') and the Chicago 
Board Options Exchange. Currently, the bulk of the fingerprints are 
submitted through FINRA.
    It is estimated that approximately 4,939 respondents submit 
approximately 288,000 sets of fingerprints (consisting of 133,000 
electronic fingerprints and 155,000 fingerprint cards) to exchanges or 
a national securities association on an annual basis. The Commission 
estimates that it would take approximately 15 minutes to create and 
submit each fingerprint card. The total reporting burden is therefore 
estimated to be 72,000 hours, or approximately 15 hours per respondent, 
annually. In addition, the exchanges and FINRA charge an estimated 
$30.25 fee for processing fingerprint cards, resulting in a total 
annual cost to all 4,939 respondents of $8,712,000, or $1,764 per 
respondent per year.
    Because the Federal Bureau of Investigation will not accept 
fingerprint cards directly from submitting organizations, Commission 
approval of plans from certain exchanges and national securities 
associations is essential to the Congressional goal of fingerprint 
personnel in the security industry. The filing of these plans for 
review assures users and their personnel that fingerprint cards will be 
handled responsibly and with due care for confidentiality.
    Submission of fingerprint plans under Rule 17f-2(c) is mandatory 
for self-regulatory organizations. 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. 
Background documentation for this information collection may be viewed 
at the following link, http://www.reginfo.gov. 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: Shagufta_Ahmed@omb.eop.gov; and Thomas Bayer, 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: 
PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days 
of this notice.

    Dated: August 22, 2011.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2011-21860 Filed 8-25-11; 8:45 am]
BILLING CODE 8011-01-P


