
[Federal Register Volume 79, Number 139 (Monday, July 21, 2014)]
[Notices]
[Pages 42380-42381]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-17020]


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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 FOIA Services, 100 F Street NE., Washington, DC 
20549-2736.

Extension:
    Form TCR--Implementing the Whistleblower Provisions of Section 
21 F of the Securities Exchange Act of 1934.
    SEC File No. 270-625, OMB Control No. 3235-0686.

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995

[[Page 42381]]

(44 U.S.C. 3501 et seq.) (``PRA''), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit an 
extension for this current collection of information to the Office of 
Management and Budget for approval.
    In Release No. 34-64545,\1\ the Commission adopted rules 
(``Rules'') and forms to implement Section 21F of the Securities 
Exchange Act of 1934 entitled ``Securities Whistleblower Incentives and 
Protection,'' which was created by Section 922 of the Dodd-Frank Wall 
Street Reform and Consumer Protection Act (``Dodd-Frank Act'').\2\ The 
Rules describe the whistleblower program that the Commission has 
established pursuant to the Dodd-Frank Act which requires the 
Commission to pay an award, subject to certain limitations and 
conditions, to whistleblowers who voluntarily provide the Commission 
with original information about a violation of the federal securities 
laws that leads to the successful enforcement of a covered judicial or 
administrative action, or of a related action. The Rules define certain 
terms critical to the operation of the whistleblower program, outline 
the procedures for applying for awards and the Commission's procedures 
for making decisions on claims, and generally explain the scope of the 
whistleblower program to the public and to potential whistleblowers.
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    \1\ Implementation of the Whistleblower Provisions of Section 
21F of the Securities Exchange Act of 1934, Release No. 34-64545; 
File No. S7-33-10 (adopted May 25, 2011).
    \2\ Public Law 111-203, Sec.  922(a), 124 Stat 1841 (2010).
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    Form TCR is a form submitted by whistleblowers who wish to provide 
information to the Commission and its staff regarding potential 
violations of the securities laws. Form TCR is required for submission 
of information under the Rules. The Commission estimates that it takes 
a whistleblower, on average, one and one-half hours to complete Form 
TCR. Based on the receipt of 3,120 annual responses on average for the 
past two fiscal years,\3\ the Commission estimates that the annual PRA 
burden of Form TCR is 4,680 hours.
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    \3\ Fiscal Year 2012 marks the first full year of whistleblower 
program data since the enactment of the Rules.
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    Form WB-APP is a form that is submitted by whistleblowers filing a 
claim for a whistleblower award. Form WB-APP is required for 
application for an award under the Rules. The Commission estimates that 
it takes a whistleblower, on average, two hours to complete Form WB-
APP. The completion time depends largely on the complexity of the 
alleged violation and the amount of information the whistleblower 
possesses in support of his or her application for an award. Based on 
the receipt of 53 annual responses on average for the past two fiscal 
years, the Commission estimates that the annual PRA burden of Form WB-
APP is 106 hours.
    Estimated annual reporting burden = 4,786 hours.
    Written comments are invited on: (a) Whether this 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 
imposed by 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 30 
days of this publication. 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: July 15, 2014.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-17020 Filed 7-18-14; 8:45 am]
BILLING CODE 8011-01-P


