
[Federal Register Volume 77, Number 23 (Friday, February 3, 2012)]
[Notices]
[Page 5584]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-2398]


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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:
    Rule 17g-2, SEC File No. S7-04-07, OMB Control No. 3235-0628.

    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 existing 
collection of information provided for in Rule 17g-2 (17 CFR 240.17g-2) 
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 17g-2, ``Records to be made and retained by nationally 
recognized statistical rating organizations,'' implements the 
Commission's recordkeeping rulemaking authority under Section 17(a) of 
the Exchange Act.\1\ The rule requires a Nationally Recognized 
Statistical Rating Organization to make and retain certain records 
relating to its business and to retain certain other business records, 
if such records are made. The rule also prescribes the time periods and 
manner in which all these records must be retained. The Commission 
estimates that the burden associated with Rule 17g-2 is 2,987, which 
includes one-time reporting burdens for processing reports, and a cost 
of $5,933, which includes a one-time cost for recordkeeping software.
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    \1\ 15 U.S.C 78q.
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    Written 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 on 
respondents; 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.
    The Commission may not conduct or sponsor a collection of 
information unless it displays a currently valid control number. No 
person shall be subject to any penalty for failing to comply with a 
collection of information subject to the PRA that does not display a 
valid OMB control number.
    Please direct your written comments to: Thomas Bayer, Director/
Chief Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 6432 General Green Way, Alexandria, Virginia 22312 or 
send an email to: PRA_Mailbox@sec.gov.

    Dated: January 30, 2012.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-2398 Filed 2-2-12; 8:45 am]
BILLING CODE 8011-01-P


