Federal Register / Vol. 76, No. 46 / Wednesday, March 9, 2011 / Notices 13001 

proprietary trading activity. The staff 

estimates that the average time spent per 

respondent is 100 hours per year on an 

ongoing basis to maintain the records 

required under the Rule. This estimate 

takes into account the fact that more 

than half the 5,030 respondents— 

according to financial reports filed with 

the Commission—may spend little or no 

time in complying with the rule, given 

that they do not do a public securities 

business or do not hold inventories of 

securities. For these reasons, the staff 

estimates that the total compliance 

burden per year is 503,000 hours (5,030 

respondents × 100 hours/respondent). 

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 has practical utility; (b) the 

accuracy of the Commission’s estimates 

of the burden of the proposed 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. 

The Commission may not conduct or 

sponsor a collection of information 

unless it displays a currently valid 

control number. No person shall be 

subject to any penalty for failing to 

comply with a collection of information 

subject to the PRA that does not display 

a valid Office of Management and 

Budget (OMB) control number. 

Comments should be directed to: 

Thomas Bayer, Chief Information 

Officer, Securities and Exchange 

Commission, c/o Remi Pavlik-Simon, 

6432 General Green Way, Alexandria, 

Virginia 22312; or comments may be 

sent by e-mail to: 

PRA_Mailbox@sec.gov. 

Dated: March 2, 2011. 

Cathy H. Ahn, 

Deputy Secretary. 

[FR Doc. 2011–5280 Filed 3–8–11; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Proposed Collection; Comment 

Request 

Upon Written Request, Copies Available 

From: U.S. Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549–0213. 

Extension: 

Rule 17a–2; SEC File No. 270–189; OMB 

Control No. 3235–0201. 

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 collection of information 

summarized below. The Commission 

plans to submit this existing collection 

of information to the Office of 

Management and Budget for extension 

and approval. 

Rule 17a–2 (17 CFR 240.17a–2)— 

Recordkeeping Requirements Relating 

to Stabilizing Activities 

Rule 17a–2 requires underwriters to 

maintain information regarding 

stabilizing activities conducted in 

accordance with Rule 104. The 

collections of information under 

Regulation M and Rule 17a–2 are 

necessary for covered persons to obtain 

certain benefits or to comply with 

certain requirements. The collections of 

information are necessary to provide the 

Commission with information regarding 

syndicate covering transactions and 

penalty bids. The Commission may 

review this information during periodic 

examinations or with respect to 

investigations. Except for the 

information required to be kept under 

Rule 104(i) (17 CFR 242.104(i)) and Rule 

17a–2(c), none of the information 

required to be collected or disclosed for 

PRA purposes will be kept confidential. 

The recordkeeping requirement of Rule 

17a–2 requires the information be 

maintained in a separate file, or in a 

separately retrievable format, for a 

period of three years, the first two years 

in an easily accessible place, consistent 

with the requirements of Exchange Act 

Rule 17a–4(f) (17 CFR 240.17a–4(f)). 

There are approximately 745 

respondents per year that require an 

aggregate total of 3,725 hours to comply 

with this rule. Each respondent makes 

an estimated 1 annual response. Each 

response takes approximately 5 hours to 

complete. Thus, the total compliance 

burden per year is 3,725 burden hours. 

The total compliance cost for the 

respondents is approximately 

$212,213.25, resulting in a cost of 

compliance for the respondent per 

response of approximately $284.85 (i.e., 

$212,213.25/745 responses). 

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 

estimates 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. 

The Commission may not conduct or 

sponsor a collection of information 

unless it displays a currently valid 

control number. No person shall be 

subject to any penalty for failing to 

comply with a collection of information 

subject to the PRA that does not display 

a valid Office of Management and 

Budget (OMB) control number. 

Please direct your written comments 

to: Thomas Bayer, Chief Information 

Officer, Securities and Exchange 

Commission, c/o Remi Pavlik-Simon, 

6432 General Green Way, Alexandria, 

Virginia 22312 or send an e-mail to: 

PRA_Mailbox@sec.gov. 

Dated: March 2, 2011. 

Cathy H. Ahn, 

Deputy Secretary. 

[FR Doc. 2011–5281 Filed 3–8–11; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Proposed Collection; Comment 

Request 

Upon Written Request, Copies Available 

From: U.S. Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549–0213. 

Extension: 

Rule 19b–7 and Form 19b–7; OMB Control 

No. 3235–0553; SEC File No. 270–495. 

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 

(‘‘OMB’’) a request for approval of 

extension of the existing collection of 

information provided for in Rule 19b–7 

(17 CFR 240.19b–7) and Form 19b–7— 

Filings with respect to proposed rule 

changes submitted pursuant to Section 

19b(7) under the Securities Exchange 

Act of 1934 (15 U.S.C. 78a et seq.) 

(‘‘Exchange Act’’). 


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