
[Federal Register Volume 78, Number 99 (Wednesday, May 22, 2013)]
[Notices]
[Page 30344]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-12149]


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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 
20549-0213.

Extension:
    Rule 19d-1, SEC File No. 270-242, OMB Control No. 3235-0206.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.) (``PRA''), the Securities and Exchange 
Commission (``Commission'') has submitted to the Office of Management 
and Budget (``OMB'') a request for approval of extension of the 
previously approved collection of information provided for in Rule 19d-
1 (17 CFR 240.19d-1) under the Securities Exchange Act of 1934 (17 
U.S.C. 78a et seq.) (``Exchange Act'').
    Rule 19d-1 prescribes the form and content of notices to be filed 
with the Commission by self-regulatory organizations (``SROs'') for 
which the Commission is the appropriate regulatory agency concerning 
the following final SRO actions: (1) Disciplinary actions with respect 
to any person; (2) denial, bar, prohibition, or limitation of 
membership, participation or association with a member or of access to 
services offered by an SRO or member thereof; (3) summarily suspending 
a member, participant, or person associated with a member, or summarily 
limiting or prohibiting any persons with respect to access to or 
services offered by the SRO or a member thereof; and (4) delisting a 
security.
    The Rule enables the Commission to obtain reports from the SROs 
containing information regarding SRO determinations to delist a 
security, discipline members or associated persons of members, deny 
membership or participation or association with a member, and similar 
adjudicated findings. The Rule requires that such actions be promptly 
reported to the Commission. The Rule also requires that the reports and 
notices supply sufficient information regarding the background, factual 
basis and issues involved in the proceeding to enable the Commission: 
(1) To determine whether the matter should be called up for review on 
the Commission's own motion; and (2) to ascertain generally whether the 
SRO has adequately carried out its responsibilities under the Exchange 
Act.
    It is estimated that approximately eighteen respondents will 
utilize this application procedure annually, with a total burden of 
approximately 2,250 hours, based upon past submissions. This figure is 
based on eighteen respondents, spending approximately 125 hours each 
per year. It is estimated that each respondent will submit 
approximately 250 responses. Commission staff estimates that the 
average number of hours necessary to comply with the requirements of 
Rule 19d-1 for each submission is 0.5 hours. The average cost per hour, 
per each submission is approximately $101. Therefore, it is estimated 
that the internal labor cost of compliance for all respondents is 
approximately $227,250. (18 respondents x 250 responses per respondent 
x 0.5 hours per response x $101 per hour).
    The filing of notices pursuant to Rule 19d-1 is mandatory for the 
SROs, but does not involve the collection of confidential information. 
Rule 19d-1 does not have a record retention requirement.
    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 OMB control number. The public may view background 
documentation for this information collection at the following Web 
site, 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 email 
to: Shagufta_Ahmed@omb.eop.gov and (ii) Thomas Bayer, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 6432 General Green Way, Alexandria VA 22312 or by sending 
an email to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB 
within 30 days of this notice.

    Dated: May 16, 2013.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-12149 Filed 5-21-13; 8:45 am]
BILLING CODE 8011-01-P


