Federal Register / Vol. 72, No. 94 / Wednesday, May 16, 2007 / Notices 27599 

1Prevention of Certain Unlawful Activities with 

Respect to Registered Investment Companies, 

Investment Company Act Release No. 11421 (Oct. 

31, 1980) (45 FR 73915 (Nov. 7, 1980)). 

company to spend approximately 1 hour 

so that the total burden of preparing 

Form N–8A for all affected investment 

companies is 156 hours. Estimates of 

average burden hours are made solely 

for the purposes of the Paperwork 

Reduction Act, and are not derived from 

a comprehensive or even a 

representative survey or study of the 

costs of Commission rules and forms. 

The collection of information on Form 

N–8A is mandatory. The information 

provided on Form N–8A is not kept 

confidential. 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 OMB control number. 

Please direct general comments 

regarding the above information to the 

following persons: (i) Desk Officer for 

the Securities and Exchange 

Commission, Office of Management and 

Budget, Room 10102, New Executive 

Office Building, Washington, DC 20503 

or email to: 

David_Rostker@omb.eop.gov; and (ii) R. 

Corey Booth, Director/Chief Information 

Officer, Securities and Exchange 

Commission, C/O Shirley Martinson 

6432 General Green Way, Alexandria, 

VA, 22312; or send an e-mail to: 

PRA_Mailbox@sec.gov. Comments must 

be submitted to OMB within 30 days of 

this notice. 

Dated: May 11, 2007. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–9368 Filed 5–15–07; 8:45 am] 

BILLING CODE 8010–01–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: 

Form N–8B–2; SEC File No. 270–186; OMB 

Control No. 3235–0186. 

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 collection of information 

discussed below. 

Form N–8B–2 (17 CFR 274.12) is the 

form used by unit investment trusts 

(‘‘UITs’’) that are currently issuing 

securities, including UITs that are 

issuers of periodic payment plan 

certificates and UITs of which a 

management investment company is the 

sponsor or depositor, to comply with 

the filing and disclosure requirements 

imposed by section 8(b) of the 

Investment Company Act of 1940 (15 

U.S.C. 80a–8(b)). Form N–8B–2 requires 

disclosure about the organization of a 

UIT, its securities, the trustee, the 

personnel and affiliated persons of the 

depositor, the distribution and 

redemption of securities, and financial 

statements. The Commission uses the 

information provided in the collection 

of information to determine compliance 

with section 8(b) of the Investment 

Company Act. 

Based on the Commission’s industry 

statistics, the Commission estimates that 

there would be approximately one 

initial filing on Form N–8B–2 and 9 

post-effective amendment filings to the 

Form annually. The Commission 

estimates that each registrant filing an 

initial Form N–8B–2 would spend 44 

hours in preparing and filing the Form 

and that the total hour burden for all 

initial Form N–8B–2 filings would be 44 

hours. Also, the Commission estimates 

that each UIT filing a post-effective 

amendment to Form N–8B–2 would 

spend 16 hours in preparing and filing 

the amendment and that the total hour 

burden for all post-effective 

amendments to the Form would be 144 

hours. By combining the total hour 

burdens estimated for initial Form N–

8B–2 filings and post-effective 

amendments filings to the Form, the 

Commission estimates that the total 

annual burden hours for all registrants 

on Form N–8B–2 would be 188. 

Estimates of the burden hours are made 

solely for the purposes of the PRA, and 

are not derived from a comprehensive or 

even a representative survey or study of 

the costs of SEC rules and forms. 

The information provided on Form 

N–8B–2 is mandatory. The information 

provided on Form N–8B–2 will not be 

kept confidential. The Commission may 

not conduct or sponsor, and a person is 

not required to respond to, a collection 

of information unless it displays a 

currently valid OMB control number. 

Please direct general comments 

regarding the above information to the 

following persons: (i) Desk Officer for 

the Securities and Exchange 

Commission, Office of Management and 

Budget, Room 10102, New Executive 

Office Building, Washington, DC 20503 

or e-mail to: 

David_Rostker@omb.eop.gov; and (ii) R. 

Corey Booth, Director/Chief Information 

Officer, Securities and Exchange 

Commission, C/O Shirley Martinson, 

6432 General Green Way, Alexandria, 

VA, 22312; or send an email to: 

PRA_Mailbox@sec.gov. Comments must 

be submitted to OMB within 30 days of 

this notice. 

Dated: May 11, 2007. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–9369 Filed 5–15–07; 8:45 am] 

BILLING CODE 8010–01–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 17j–1; SEC File No. 270–239; OMB 

Control No. 3235–0224. 

Notice is hereby given that, pursuant 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 350l–3520), the Securities 

and Exchange Commission (the 

‘‘Commission’’) has submitted to the 

Office of Management and Budget 

(‘‘OMB’’) a request for extension and 

approval of the collection of information 

discussed below. 

Conflicts of interest between 

investment company personnel (such as 

portfolio managers) and their funds can 

arise when these persons buy and sell 

securities for their own accounts 

(‘‘personal investment activities’’). 

These conflicts arise because fund 

personnel have the opportunity to profit 

from information about fund 

transactions, often to the detriment of 

fund investors. Beginning in the early 

1960s, Congress and the Securities and 

Exchange Commission (‘‘Commission’’) 

sought to devise a regulatory scheme to 

effectively address these potential 

conflicts. These efforts culminated in 

the addition of section 17(j) to the 

Investment Company Act of 1940 (the 

‘‘Investment Company Act’’) (15 U.S.C. 

80a–17(j)) in 1970 and the adoption by 

the Commission of rule 17j–1 (17 CFR 

270.17j–1) in 1980.1 The Commission 

proposed amendments to rule 17j–1 in 

1995 in response to recommendations 

made in the first detailed study of fund 

policies concerning personal investment 

activities by the Commission’s Division 

of Investment Management since rule 

17j–1 was adopted. Amendments to rule 


cprice-sewell on PROD1PC66 with NOTICES