22424 Federal Register / Vol. 76, No. 77 / Thursday, April 21, 2011 / Notices 

Dated: April 18, 2011. 

Michel Smyth, 

Departmental Clearance Officer. 

[FR Doc. 2011–9733 Filed 4–20–11; 8:45 am] 

BILLING CODE 4510–29–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Proposed Collection; Comment 

Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549. 

Extension: 

Rule 17Ab2–1, Form CA–1, SEC File No. 

270–203, OMB Control No. 3235–0195. 

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 a 

request for approval of extension of the 

previously approved collection of 

information provided for in Rule 

17Ab2–1 (17 CFR 240.17Ab2–1) and 

Form CA–1: Registration of Clearing 

Agencies (17 CFR 249b.200) under the 

Securities Exchange Act of 1934 

(15 U.S.C. 78a et seq.). 

Rule 17Ab2–1 and Form CA–1 require 

clearing agencies to register with the 

Commission and to meet certain 

requirements with regard to, among 

other things, a clearing agency’s 

organization, capacities, and rules. The 

information is collected from the 

clearing agency upon the initial 

application for registration on Form 

CA–1. Thereafter, information is 

collected by amendment to the initial 

Form CA–1 when material changes in 

circumstances necessitate modification 

of the information previously provided 

to the Commission. 

The Commission uses the information 

disclosed on Form CA–1 to (i) 

determine whether an applicant meets 

the standards for registration set forth in 

Section 17A of the Securities Exchange 

Act of 1934 (‘‘Exchange Act’’), (ii) 

enforce compliance with the Exchange 

Act’s registration requirement, and (iii) 

provide information about specific 

registered clearing agencies for 

compliance and investigatory purposes. 

Without Rule 17Ab2–1, the Commission 

could not perform these duties as 

statutorily required. 

The Commission staff estimates that 

each initial Form CA–1 requires 

approximately 130 hours to complete 

and submit for approval. This burden is 

composed primarily of a one-time 

reporting burden that reflects the 

applicant’s staff time (i.e. internal labor 

costs) to prepare and submit the Form 

to the Commission. Hours required for 

amendments to Form CA–1 that must be 

submitted to the Commission in 

connection with material changes to the 

initial CA–1 can vary, depending upon 

the nature and extent of the amendment. 

Since the Commission only receives an 

average of one submission per year, the 

aggregate annual burden associated with 

compliance with Rule 17Ab2–1 and 

Form CA–1 is 130 hours. The main cost 

to respondents is associated with 

generating, maintaining, and providing 

the information sought by Form CA–1. 

The external costs associated with such 

activities include fees charged by 

outside lawyers and accountants to 

assist the registrant collect and prepare 

the information sought by the form 

(though such consultations are not 

required by the Commission) and are 

estimated to be approximately $18,000. 

The rule and form do not involve the 

collection of confidential 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 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, 

VA 22312 or send an e-mail to: 

PRA_Mailbox@sec.gov. 

Dated: April 12, 2011. 

Cathy H. Ahn, 

Deputy Secretary. 

[FR Doc. 2011–9639 Filed 4–20–11; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Submission for OMB Review; 

Comment Request 

Upon Written Request; Copies Available 

From: Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549–0213. 

Extension: 

Rule 173; OMB Control No. 3235–0618; 

SEC File No. 270–557. 

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 this 

request for extension of the previously 

approved collection of information 

discussed below. 

Securities Act Rule 173 (17 CFR 

230.173) provides a notice of 

registration to investors who purchased 

securities in a registered offering under 

the Securities Act of 1933 

(15 U.S.C. 77a et seq.). A Rule 173 

notice must be provided by each 

underwriter or dealer to each investor 

who purchased securities from the 

underwriter or dealer. The Rule 173 

notice is not publicly available. We 

estimate that it takes approximately 0.01 

hour per response to provide the 

information required under Rule 173 

and that the information is filed by 

approximately 5,338 respondents 

approximately 43,546 times a year for a 

total of 232,448,548 responses. We 

estimate that the total annual reporting 

burden for Rule 173 is 2,324,485 hours 

(0.01 hours per response × 232,448,548 

responses). 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless it displays a currently valid 

control number. 

The public may view the background 

documentation for this information 

collection at the following Web site, 

http://www.reginfo.gov. Comments 

should be directed to: (i) Desk Officer 

for the Securities and Exchange 

Commission, Office of Information and 

Regulatory Affairs, Office of 

Management and Budget, Room 10102, 

New Executive Office Building, 

Washington, DC 20503, or by sending an 

e-mail to: 


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