
[Federal Register Volume 80, Number 51 (Tuesday, March 17, 2015)]
[Notices]
[Pages 13922-13923]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-05986]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-433, OMB Control No. 3235-0489]


Proposed Collection; 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:
    Rule 17a-6. SEC File No. 270-433, OMB Control No. 3235-0489.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (``PRA'') (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the collection of 
information provided for in Rule 17a-6 (17 CFR 240.17a-6) under the 
Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.). The Commission 
plans to submit this existing collection of information to the Office 
of Management and Budget (``OMB'') for extension and approval.
    Rule 17a-6 permits national securities exchanges, national 
securities associations, registered clearing

[[Page 13923]]

agencies, and the Municipal Securities Rulemaking Board (``MSRB'') 
(collectively, ``SROs'') to destroy or convert to microfilm or other 
recording media records maintained under Rule 17a-1, if they have filed 
a record destruction plan with the Commission and the Commission has 
declared the plan effective.
    There are currently 29 SROs: 18 national securities exchanges, 1 
national securities association, the MSRB, and 9 registered clearing 
agencies. Of the 29 SROs, only 2 SRO respondents have filed a record 
destruction plan with the Commission. The staff calculates that the 
preparation and filing of a new record destruction plan should take 160 
hours. Further, any existing SRO record destruction plans may require 
revision, over time, in response to, for example, changes in document 
retention technology, which the Commission estimates will take much 
less than the 160 hours estimated for a new plan. The Commission 
estimates that each SRO that has filed a destruction plan will spend 
approximately 30 hours per year making required revisions. Thus, the 
total annual compliance burden is estimated to be 60 hours per year 
based on two respondents. The approximate compliance cost per hour is 
$380, resulting in a total internal cost of compliance for these 
respondents of $22,800 per year (60 hours @$380 per hour).
    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 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 under the PRA unless it 
displays a currently valid OMB control number.
    Please direct your written comments to: Pamela Dyson, Director/
Chief Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 100 F Street NE., Washington, DC 20549, or send an email 
to: PRA_Mailbox@sec.gov.

    Dated: March 10, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-05986 Filed 3-16-15; 8:45 am]
 BILLING CODE 8011-01-P


