41112 Federal Register / Vol. 65, No. 128 / Monday, July 3, 2000 / Notices

Committee is provided for in 5 U.S.C.

5347.

The Committee’s primary

responsibility is to review the Prevailing

Rate System and other matters pertinent

to establishing prevailing rates under

subchapter IV, chapter 53, 5 U.S.C., as

amended, and from time to time advise

the Office of Personnel Management.

This scheduled meeting will start in

open session with both labor and

management representatives attending.

During the meeting either the labor

members or the management members

may caucus separately with the Chair to

devise strategy and formulate positions.

Premature disclosure of the matters

discussed in these caucuses would

unacceptably impair the ability of the

Committee to reach a consensus on the

matters being considered and would

disrupt substantially the disposition of

its business. Therefore, these caucuses

will be closed to the public because of

a determination made by the Director of

the Office of Personnel Management

under the provisions of section 10(d) of

the Federal Advisory Committee Act

(Pub. L. 92–463) and 5 U.S.C.

552b(c)(9)(B). These caucuses may,

depending on the issues involved,

constitute a substantial portion of a

meeting.

Annually, the Chair compiles a report

of pay issues discussed and concluded

recommendations. These reports are

available to the public, upon written

request to the Committee’s Secretary.

The public is invited to submit

material in writing to the Chair on

Federal Wage System pay matters felt to

be deserving of the Committee’s

attention. Additional information on

this meeting may be obtained by

contacting the Committee’s Secretary,

Office of Personnel Management,

Federal Prevailing Rate Advisory

Committee, Room 5559, 1900 E Street,

NW., Washington, DC 20415 (202) 606–

1500.

Dated: June 22, 2000.

John F. Leyden,

Chairman, Federal Prevailing Rate, Advisory

Committee.

[FR Doc. 00–16709 Filed 6–30–00; 8:45 am]

BILLING CODE 6325–01–P

SECURITIES AND EXCHANGE

COMMISSION

Submission for OMB Review;

Comment Request

Upon Written Request, Copies Available

From: Securities and Exchange

Commission Office of Filings and

Information Services Washington, DC

20549

Extension

Rule 17f–1(c), SEC File No. 270–28, OMB

Control No. 3235–0032

Rule 17f–1(c) and Form X–17F–1A, SEC

File No. 270–29, OMB Control No. 3235–

0037

Rules 17h–1T and 17h–2T, SEC File No.

270–359, OMB Control No. 3235–0410

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.

Rule 17f–1(b) requires approximately

1,150 entities in the securities industry

to register in the Lost and Stolen

Securities Program. Registration fulfills

a statutory requirement that entities

report and inquire about missing, lost,

counterfeit, or stolen securities.

Registration also allows entities in the

securities industry to gain access to a

confidential database that stores

information for the program.

It is estimated that 1,150 entities will

register in the Lost and Stolen Securities

Program annually. It is also estimated

that each respondent will register one

time. The staff estimates that the average

number of hours necessary to comply

with the Rule 17f–1(b) is one-half hour.

The total burden is 575 hours annually

for respondents, based upon past

submissions. The average cost per hour

is approximately $50. Therefore, the

total cost of compliance for respondents

is $28,750.

Rule 17f–1(b) is a reporting rule and

does not specify a retention period. The

rule requires a one-time registration for

reporting institutions. Registering under

Rule 17f–1(b) is mandatory to obtain the

benefit of a central database that stores

information about missing, lost,

counterfeit, or stolen securities for the

Lost and Stolen Securities Program.

Reporting institutions required to

register under Rule 17f–(b) will not be

kept confidential, however, the Lost and

Stolen Securities Program database will

be kept confidential.

Rule 17f–1(c) and Form X–17F–1A

requires approximately 23,000 entities

in the securities industry to report lost,

stolen, missing, or counterfeit securities

to a central database. Form X–17F–1A

facilitates the accurate reporting and

precise and immediate data entry into

the central database. Reporting to the

central database fulfills a statutory

requirement that reporting institutions

report and inquire about missing, lost,

counterfeit, or stolen securities.

Reporting to the central database also

allows reporting institutions to gain

access to the database that stores

information for the Lost and Stolen

Securities Program.

It is estimated that 23,000 reporting

institutions will report that securities

are either missing, lost, counterfeit, or

stolen annually. It is also estimated that

each reporting institution will submit

this report 56 times each year. The staff

estimates that the average amount of

time necessary to comply with Rule

17f–1(c) and Form X–17F–1A is five

minutes. The total burden is 107,333

hours annually for respondents, based

upon past submissions. The average cost

per hour is approximately $50.

Therefore, the total cost of compliance

for respondents is $5,366,666.

Rule 17f–1(c) is a reporting rule and

does not specify a retention period. The

rule requires an incident-based

reporting requirement by the reporting

institutions when securities are

discovered missing, lost, counterfeit, or

stolen. Registering under Rule 17f–1(c)

is mandatory to obtain the benefit of a

central database that stores information

about missing, lost, counterfeit, or

stolen securities for the Lost and Stolen

Securities Program. Reporting

institutions required to register under

Rule 17f–1(c) will not be kept

confidential, however, the Lost and

Stolen Securities Program database will

be kept confidential.

Rule 17h–1T requires a broker-dealer

to maintain and preserve records and

other information concerning certain

entities that are associated with the

broker-dealer. This requirement extends

to the financial and securities activities

of the holding company, affiliates and

subsidiaries of the broker-dealer that are

reasonably likely to have a material

impact on the financial or operational

condition of the broker-dealer. Rule

17h–2T requires a broker-dealer to file

with the Commission quarterly reports

and a cumulative year-end report

concerning the information required to

be maintained and preserved under

Rule 17h–1T.

The collection of information required

by Rules 17h–1T and 17h–2T are

necessary to enable the Commission to

monitor the activities of a broker-dealer

affiliate whose business activities are

reasonably likely to have a material

impact on the financial and operational

condition of the broker-dealer. Without

this information, the Commission would

be unable to asses the potentially

damaging impact of the affiliate’s

activities on the broker-dealer.

There are currently 215 respondents

that must comply with Rules 17h–1T

and 17h–2T. Each of these 215

respondents require approximately 10

hours per year, or 2.5 hours per quarter,

Federal Register / Vol. 65, No. 128 / Monday, July 3, 2000 / Notices 41113

to maintain the records required under

Rule 17h–1T, for an aggregate annual

burden of 2,150 hours (215 respondents

× 10 hours). In addition, each of these

215 respondents must make five annual

response under Rule 17h–2T. These five

responses require approximately 14

hours per responder per year, or 3.5

hours per quarter, for an aggregate

annual burden of 3,010 hours (215

respondents × 14 hours). In addition,

there are approximately seven new

respondents per year, which must draft

an organizational chart required under

Rule 17h–1T and establish a system for

complying with the rules. The staff

estimates that drafting the required

organizational chart requires one hour

and establishing a system for complying

with the rules requires three hours, thus

requiring an aggregate of 28 hours (7

new respondents × 4 hours). The total

compliance burden per year is

approximately 5,188 burden hours

(2,150 + 3,010 + 28).

Rule 17h–1T specifies that the records

required to be maintained under the

rule must be preserved for a period of

not less than three years. There is no

specific retention period or record

keeping requirement for Rule 17h–2T.

The collection of information is

mandatory and the information required

to be provided to the Commission

pursuant to these rules are deemed

confidential, notwithstanding any other

provision of law under Section 17(h)(5)

of the Securities Exchange Act of 1934

(15 U.S.C. 78a(h)(5)) and Section

552(b)(3)(B) of the Freedom of

Information Act (15 U.S.C. 552(b)(3)(B)).

An agency may not conduct or

sponsor, and a person is not required to

respond to, a collection of information

unless its displays a currently valid

control number.

Written comments regarding the

above information should be directed to

the following persons: (i) Desk Office 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; and (ii) Michael

E. Bartell, Associate Executive Directive,

Office of Information Technology,

Securities and Exchange Commission,

450 Fifth Street, NW, Washington, DC

20549.

Dated: June 26, 2000.

Margaret H. McFarland.

Deputy Secretary.

[FR Doc. 00–16742 Filed 6–30–00; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

Submission for OMB Review;

Comment Request

Upon Written Request; Copies Available

From: Securities and Exchange

Commission Office of Filings and

Information Services Washington, DC

20549

Extension:

Form T–6, SEC File No. 270–344, OMB

Control No. 3235–0391

Form 11–K, SEC File No. 270–101, OMB

Control No. 3235–0082

Form 144, SEC File No. 270–112, OMB

Control No. 3235–0101

Regulation S–B, SEC File No. 270–370,

OMB Control No. 3235–0417

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.

Form T–6 is a statement of eligibility

and qualification for a foreign corporate

trustee under the Trust Indenture Act of

1939. Form T–6 provides the basis for

determining if a trustee is qualified.

Form T–6 is filed on occasion and the

information required is mandatory. All

information is provided to the public

upon request. Form T–6 takes

approximately 17 burden hours to

prepare and is filed by 15 respondents.

It is estimated that 25% of the 255 total

burden hours (64 hours) would be

prepared by the filer.

Form 11–K is the annual report

designed for use by employee stock

purchase, savings and similar plans to

facilitate their compliance with the

reporting requirement. Form 11–K is

necessary to provide employees with

information, including financial

information, with respect to the

investment vehicle or plan itself. Form

11–K provides the employees with the

necessary information to assess the

performance of the investment vehicle

in which their money is invested. Form

11–K is filed on occasion and the

information required is mandatory. All

information is provided to the public

upon request. Form 11–K takes

approximately 30 burden hours to

prepare and is filed by 774 respondents

for a total of 23,220 annual burden

hours.

Form 144 is used to report the sale of

securities during any three month

period that exceeds 500 shares or other

units or has an aggregate sales price in

excess of $10,000. The information

requested is mandatory. Form 144

operates in conjunction with Rule 144.

If the information collection was not

required, the objectives of the rule could

be frustrated. All information is

provided to the public upon request.

Form 144 takes 2 burden hours to

prepare and is filed by 18,096

respondents for a total of 36,192 annual

burden hours.

Regulation S–B provides an integrated

disclosure system for small business

issuers that file registration statements

under the Securities Act of 1933 and

reports under the Securities Exchange

Act of 1934. The information requested

is mandatory. The information collected

is intended to ensure the adequacy of

information available to investors in the

registration of securities. All

information is provided to the public

upon request. Regulation S–B takes

approximately one burden hour to

review and is filed by one respondent

for a total of one annual burden hour.

The one hour associated with

Regulation S–B is strictly an

administrative reporting burden.

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.

Written comments regarding the

above information should be directed to

the following persons: (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; and (ii) Michael

E. Bartell, Associate Executive Director,

Office of Information Technology,

Securities and Exchange Commission,

450 Fifth Street, NW., Washington, DC

20549. Comments must be submitted to

OMB within 30 days of this notice.

Dated: June 26, 2000.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 00–16743 Filed 6–30–00; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Release No. IC–24547 812–12022]

Evergreen Equity Trust, et al.; Notice

of Application

June 27, 2000.

AGENCY: Securities and Exchange

Commission (‘‘Commission’’).

ACTION: Notice of application for an

order under section 17(b) of the

Investment Company Act of 1940 (the