Federal Register: January 29, 2010 (Volume 75, Number 19)
DOCID: fr29ja10-117 FR Doc 2010-1846
SECURITIES AND EXCHANGE COMMISSION
Securities and Exchange Commission
NOTICE: NOTICES
DOCID: fr29ja10-117
SUBJECT CATEGORY:
Proposed Collection; Comment Request
DOCUMENT SUMMARY:
Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Investor Education and Advocacy, Washington, DC 205490213.
Extension:
Rule 19b4(e) and Form 19b4(e), OMB Control No. 32350504, SEC File No. 270447.
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'') has submitted to the Office of Management and Budget requests for extension of the previously approved collections of information discussed below. The Code of Federal Regulation citation to this collection of information is 17 CFR 240.19b4(e) under the Securities Exchange Act of 1934 (17 U.S.C 78a et seq.) (the ``Act'').
Rule 19b4(e) permits a selfregulatory organization (``SRO'') to immediately list and trade a new derivative securities product so long as such product is in compliance with the criteria of Rule 19b4(e) under the Act. However, in order for the Commission to maintain an accurate record of all new derivative securities products traded through the facilities of SROs and to determine whether an SRO has properly availed itself of the permission granted by Rule 19b4(e), it is necessary that the SRO maintain, onsite, a copy of Form 19b4(e) under the Act. Rule 19b4(e) requires SROs to file a summary form, Form 19b4(e), and thereby notify the Commission, within five business days after the commencement of trading a new derivative securities product. In addition, the Commission reviews SRO compliance with Rule 19b4(e) through its routine inspections of the SROs.
The collection of information is designed to allow the Commission to maintain an accurate record of all new derivative securities products traded through the facilities of SROs and to determine whether an SRO has properly availed itself of the permission granted by Rule 19b4(e).
The respondents to the collection of information are SROs (as defined by the Act), all of which are national securities exchanges.
Twelve respondents file an average total of 3,180 responses per year, which corresponds to an estimated annual response burden of 3,180 hours.
Compliance with Rule 19b4(e) is mandatory. Information received in response to Rule 19b4(e) shall not be kept confidential; the information collected is public information.
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 will 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 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.
Comments should be directed to Charles Boucher, Director/Chief Information Officer, Securities and Exchange Commission, c/o Shirley Martinson, 6432 General Green Way, Alexandria, Virginia 22312 or send an email to: PRA_Mailbox@sec.gov.
Dated: January 22, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 20101846 Filed 12810; 8:45 am]
BILLING CODE 801101P
SUMMARY:
Agency Information Collection Activities; Proposals, Submissions, and Approvals
DOCUMENT BODY 2:
Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Investor Education and Advocacy, Washington, DC 205490213.
Extension:
Rule 19b4(e) and Form 19b4(e), OMB Control No. 32350504, SEC File No. 270447.
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'') has submitted to the Office of Management and Budget requests for extension of the previously approved collections of information discussed below. The Code of Federal Regulation citation to this collection of information is 17 CFR 240.19b4(e) under the Securities Exchange Act of 1934 (17 U.S.C 78a et seq.) (the ``Act'').
Rule 19b4(e) permits a selfregulatory organization (``SRO'') to immediately list and trade a new derivative securities product so long as such product is in compliance with the criteria of Rule 19b4(e) under the Act. However, in order for the Commission to maintain an accurate record of all new derivative securities products traded through the facilities of SROs and to determine whether an SRO has properly availed itself of the permission granted by Rule 19b4(e), it is necessary that the SRO maintain, onsite, a copy of Form 19b4(e) under the Act. Rule 19b4(e) requires SROs to file a summary form, Form 19b4(e), and thereby notify the Commission, within five business days after the commencement of trading a new derivative securities product. In addition, the Commission reviews SRO compliance with Rule 19b4(e) through its routine inspections of the SROs.
The collection of information is designed to allow the Commission to maintain an accurate record of all new derivative securities products traded through the facilities of SROs and to determine whether an SRO has properly availed itself of the permission granted by Rule 19b4(e).
The respondents to the collection of information are SROs (as defined by the Act), all of which are national securities exchanges.
Twelve respondents file an average total of 3,180 responses per year, which corresponds to an estimated annual response burden of 3,180 hours.
Compliance with Rule 19b4(e) is mandatory. Information received in response to Rule 19b4(e) shall not be kept confidential; the information collected is public information.
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 will 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 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.
Comments should be directed to Charles Boucher, Director/Chief Information Officer, Securities and Exchange Commission, c/o Shirley Martinson, 6432 General Green Way, Alexandria, Virginia 22312 or send an email to: PRA_Mailbox@sec.gov.
Dated: January 22, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 20101846 Filed 12810; 8:45 am]
BILLING CODE 801101P