[Federal Register Volume 88, Number 42 (Friday, March 3, 2023)]
[Notices]
[Pages 13486-13487]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-04447]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-202, OMB Control No. 3235-0196]


Submission for OMB Review; Comment Request; Extension: Rule 17a-
22

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 
20549-2736

    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'') 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 17a-
22 (17 CFR 240.17a-22) under the Securities Exchange Act of 1934 
(``Exchange Act'') (15 U.S.C. 78a et seq.).
    Rule 17a-22 requires all registered clearing agencies to file with 
the Commission three copies of all materials

[[Page 13487]]

they issue or make generally available to their participants or other 
entities with which they have a significant relationship, such as 
pledges, transfer agents, or self-regulatory organizations. Such 
materials include manuals, notices, circulars, bulletins, lists, and 
periodicals. The filings with the Commission must be made within ten 
days after the materials are issued or made generally available. When 
the Commission is not the clearing agency's appropriate regulatory 
agency, the clearing agency must file one copy of the material with its 
appropriate regulatory agency.
    The Commission is responsible for overseeing clearing agencies and 
uses the information filed pursuant to Rule 17a-22 to determine whether 
a clearing agency is implementing procedural or policy changes. The 
information filed aides the Commission in determining whether such 
changes are consistent with the purposes of section 17A of the Exchange 
Act. Also, the Commission uses the information to determine whether a 
clearing agency has changed its rules without reporting the actual or 
prospective change to the Commission as required under section 19(b) of 
the Exchange Act.
    The respondents to Rule 17a-22 are registered clearing agencies. 
The frequency of filings made by clearing agencies pursuant to Rule 
17a-22 varies but on average there are approximately 120 filings per 
year per active clearing agency. There are nine registered clearing 
agencies, but only seven active registered clearing agencies are 
expected to submit filings pursuant to the rule. The Commission staff 
estimates that each response requires approximately .25 hours (fifteen 
minutes), which represents the time it takes for a staff person at the 
clearing agency to properly identify a document subject to the rule, 
print and make copies, and mail that document to the Commission. Thus, 
the total annual burden for all active clearing agencies is 
approximately 210 hours (7 clearing agencies multiplied by 120 filings 
per clearing agency multiplied by .25).
    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.
    The public may view background documentation for this information 
collection at the following website: www.reginfo.gov. Find this 
particular information collection by selecting ``Currently under 30-day 
Review--Open for Public Comments'' or by using the search function. 
Written comments and recommendations for the proposed information 
collection should be sent by April 3, 2023 to (i) 
[email protected] and (ii) David Bottom, 
Director/Chief Information Officer, Securities and Exchange Commission, 
c/o John Pezzullo, 100 F Street, NE, Washington, DC 20549, or by 
sending an email to: [email protected].

    Dated: February 28, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-04447 Filed 3-2-23; 8:45 am]
BILLING CODE 8011-01-P


