
[Federal Register Volume 78, Number 152 (Wednesday, August 7, 2013)]
[Notices]
[Page 48204]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-19041]


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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 17a-1; SEC File No. 270-244, OMB Control No. 3235-0208.

    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 17a-1 (17 CFR 240.17a-1) 
under the Securities Exchange Act of 1934, as amended (the ``Act'') (15 
U.S.C. 78a et seq.). The Commission plans to submit this existing 
collection of information to the Office of Management and Budget for 
extension and approval.
    Rule 17a-1 requires that every national securities exchange, 
national securities association, registered clearing agency, and the 
Municipal Securities Rulemaking Board keep on file for a period of not 
less than five years, the first two years in an easily accessible 
place, at least one copy of all documents, including all 
correspondence, memoranda, papers, books, notices, accounts, and other 
such records made or received by it in the course of its business as 
such and in the conduct of its self-regulatory activity, and that such 
documents be available for examination by the Commission.
    There are 28 entities required to comply with the rule: 17 national 
securities exchanges, 1 national securities association, 9 registered 
clearing agencies, and the Municipal Securities Rulemaking Board. The 
Commission staff estimates that the average number of hours necessary 
for compliance with the requirements of Rule 17a-1 is 50 hours per 
year. In addition, 5 national securities exchanges notice-registered 
pursuant to Section 6(g) of the Act (15 U.S.C. 78f(g)) are required to 
preserve records of determinations made under Rule 3a55-1 under the Act 
(17 CFR 240.3a55-1), which the Commission staff estimates will take 1 
hour per exchange, for a total of 5 hours. Accordingly, the Commission 
staff estimates that the total number of hours necessary to comply with 
the requirements of Rule 17a-1 is 1,405 hours. The average cost per 
hour is $63. Therefore, the total cost of compliance for all 
respondents is $88,515.
    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 estimate of the 
burden of the proposed collection of information; (c) ways to enhance 
the quality, utility, and clarity of the information to be 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.
    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.
    Please direct your written comments to: Thomas Bayer, Director/
Chief Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 100 F St. NE., Washington, DC 20549 or send an email to: 
PRA_Mailbox@sec.gov.

    Dated: August 1, 2013.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-19041 Filed 8-6-13; 8:45 am]
BILLING CODE 8011-01-P


