9628 Federal Register / Vol. 75, No. 41 / Wednesday, March 3, 2010 / Notices 

www.nrc.gov/reading-rm/doccollections/. 

In addition, regulatory guides are 

available for inspection at the NRC’s 

Public Document Room (PDR) located at 

Room O–1F21, One White Flint North, 

11555 Rockville Pike, Rockville, 

Maryland 20852–2738. The PDR’s 

mailing address is USNRC PDR, 

Washington, DC 20555–0001. The PDR 

can also be reached by telephone at 

(301) 415–4737 or (800) 397–4209, by 

fax at (301) 415–3548, and by e-mail to 

pdr.resource@nrc.gov. 

Regulatory guides are not 

copyrighted, and NRC approval is not 

required to reproduce them. 

Dated at Rockville, Maryland, this 22nd 

day of February 2010. 

For the Nuclear Regulatory Commission. 

Andrea D. Valentin, 

Chief, Regulatory Guide Development Branch, 

Division of Engineering, Office of Nuclear 

Regulatory Research. 

[FR Doc. 2010–4406 Filed 3–2–10; 8:45 am] 

BILLING CODE 7590–01–P 

SMALL BUSINESS ADMINISTRATION 

Surrender of License of Small 

Business Investment Company 

Pursuant to the authority granted to 

the United States Small Business 

Administration under the Small 

Business Investment Act of 1958, under 

Section 309 of the Act and Section 

107.1900 of the Small Business 

Administration Rules and Regulations 

(13 CFR 107.1900) to function as a small 

business investment company under the 

Small business Investment Company 

License No. 09/79–0412 issued to 

Telesoft Partners, L.P., and said license 

is hereby declared null and void. 

United States Small Business 

Administration. 

Dated: January 5, 2010. 

Sean J. Green, 

AA/Investment. 

[FR Doc. 2010–4292 Filed 3–2–10; 8:45 am] 

BILLING CODE M 

SECURITIES AND EXCHANGE 

COMMISSION 

[Rule 248.30; SEC File No. 270–549; OMB 

Control No. 3235–0610] 

Proposed Collection; Comment 

Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549–0213. 

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 (the 

‘‘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 248.30 (17 CFR 248.30), under 

Regulation S–P is titled ‘‘Procedures to 

Safeguard Customer Records and 

Information; Disposal of Consumer 

Report Information.’’ Rule 248.30 (the 

‘‘safeguard rule’’) requires brokers, 

dealers, investment companies, and 

investment advisers registered with the 

Commission (‘‘registered investment 

advisers’’) (collectively ‘‘covered 

institutions’’) to adopt written policies 

and procedures for administrative, 

technical, and physical safeguards to 

protect customer records and 

information. The safeguards must be 

reasonably designed to ‘‘insure the 

security and confidentiality of customer 

records and information,’’ ‘‘protect 

against any anticipated threats or 

hazards to the security and integrity’’ of 

those records, and protect against 

unauthorized access to or use of those 

records or information, which ‘‘could 

result in substantial harm or 

inconvenience to any customer.’’ The 

safeguard rule’s requirement that 

covered institutions’ policies and 

procedures be documented in writing 

constitutes a collection of information 

and must be maintained on an ongoing 

basis. This requirement eliminates 

uncertainty as to required employee 

actions to protect customer records and 

information and promotes more 

systematic and organized reviews of 

safeguard policies and procedures by 

institutions. The information collection 

also assists the Commission’s 

examination staff in assessing the 

existence and adequacy of covered 

institutions’ safeguard policies and 

procedures. 

We estimate that as of the end of 

2009, there are 5253 broker-dealers, 

4522 investment companies, and 11,450 

investment advisers currently registered 

with the Commission, for a total of 

21,225 covered institutions. We expect 

that all of these covered institutions 

have already documented their 

safeguard policies and procedures in 

writing and therefore will incur no 

hourly burdens related to the initial 

documentation of policies and 

procedures. 

However, we expect that 

approximately 10 percent of the 21,225 

covered institutions currently registered 

with the Commission will review and 

update their policies and procedures 

each year, for a total of 2123 covered 

institutions that will spend time to 

update their policies and procedures. 

The amount of time spent reviewing and 

updating safeguard policies and 

procedures is likely to vary widely, 

based on the size of the entity, the 

complexity of its operations, and any 

significant changes in the security 

environment. We estimate that it will 

take a typical covered institution that 

reviews and updates its safeguard 

policies and procedures approximately 

20 hours to complete such a review and 

document the results, for a total hourly 

burden for all institutions of 42,460 

hours. 

Although existing covered institutions 

would not incur any initial hourly 

burden in complying with the 

safeguards rule, we expect that newly 

registered institutions would incur some 

hourly burdens associated with 

documenting their safeguard policies 

and procedures. We estimate that 

approximately 1500 broker-dealers, 

investment companies, or investment 

advisers register with the Commission 

annually. However, we also expect that 

approximately 70% of these newly 

registered covered institutions (1050) 

are affiliated with an existing covered 

institution, and will rely on an 

organization-wide set of previously 

documented safeguard policies and 

procedures created by their affiliates. 

We estimate that these affiliated newly 

registered covered institutions will 

incur a significantly reduced hourly 

burden in complying with the 

safeguards rule, as they will need only 

to review their affiliate’s existing 

policies and procedures, and identify 

and adopt the relevant policies for their 

business. Therefore, we expect that 

newly registered covered institutions 

with existing affiliates will incur an 

hourly burden of approximately 15 

hours in identifying and adopting 

safeguard policies and procedures for 

their business, for a total hourly burden 

for all affiliated new institutions of 

15,750 hours. 

Finally, we expect that the 450 newly 

registered entities that are not affiliated 

with an existing institution will incur a 

significantly higher hourly burden in 

reviewing and documenting their 

safeguard policies and procedures. We 

expect that virtually all of the newly 

registered covered entities that do not 

have an affiliate are likely to be small 

entities and are likely to have smaller 

and less complex operations, with a 

correspondingly smaller set of safeguard 

policies and procedures to document, 

compared to other larger existing 

mstockstill on DSKH9S0YB1PROD with NOTICES