Federal Register / Vol. 62, No. 247 / Wednesday, December 24, 1997 / Notices 67419

comments will be available for public

inspection at the PBGC’s

Communications and Public Affairs

Department, suite 240 at the same

address, between 9 a.m. and 4 p.m. on

business days.

FOR FURTHER INFORMATION CONTACT:

Deborah C. Murphy, Attorney, office of

the General Counsel, Pension Benefit

Guaranty Corporation, 1200 K Street,

NW., Washington, DC 20005–4026, 202–

326–4024. (For TTY and TDD, call 800–

877–8339 and request connection to

202–326–4024).

SUPPLEMENTARY INFORMATION: Sections

4203(f) and 4208(e)(3) of the Employee

Retirement Income Security Act of 1974

(‘‘ERISA’’) provide for the PBGC’s

issuance of regulations under which the

PBGC may approve a multiemployer

pension plan’s adoption of special rules

for determining whether a complete or

partial withdrawal from the plan has

occurred. Section 4203(f) also sets

standards for the approval of such

special rules.

The PBGC’s regulation on Extension

of Special Withdrawal Liability Rules

(29 CFR Part 4203) requires the plan

sponsor of a plan that adopts special

rules to submit information about the

rules, the plan, and the industry in

which the plan operates with its request

for PBGC approval of the rules. The

PBGC uses that information in

determining whether the plan’s special

withdrawal liability rules meet the

requirements of ERISA. (The regulation

may be accessed on the PBGC’s home

page at http://www.pbgc.gov.)

The collection of information under

the regulation has been approved by

OMB under control number 1212–0023

through March 31, 1998. The PBGC

intends to request that OMB extend its

approval for another three years. 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. The PBGC estimates that the

total annual hour burden of the

regulation is one hour and that the total

annual cost burden is $2,400.

The PBGC is soliciting public

comments to—

• Evaluate whether the proposed

collection of information is necessary

for the proper performance of the

functions of the agency, including

whether the information will have

practical utility;

• Evaluate the accuracy of the

agency’s estimate of the burden of the

proposed collection of information,

including the validity of the

methodology and assumptions used;

• Enhance the quality, utility, and

clarity of the information to be

collected; and

• Minimize the burden of the

collection of information on those who

are to respond, including through the

use of appropriate automated,

electronic, mechanical, or other

technological collection techniques or

other forms of information technology,

e.g., permitting electronic submission of

responses.

Issued in Washington, DC, this 18th day of

December, 1997.

David M. Strauss,

Executive Director, Pension Benefit Guaranty

Corporation.

[FR Doc. 97–33577 Filed 12–23–97; 8:45 am]

BILLING CODE 7708–01–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 17a–23 SEC File No. 270–387, OMB

Control No. 3235–0442

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 extension of the previously

approved collection of information

discussed below.

Rule 17a–23 and Form 17A–23

Recordkeeping and Reporting

Requirements Relating to Broker-Dealer

Trading Systems

Rule 17a–23 and Form 17A–23 under

the Securities Exchange Act of 1935

establish recordkeeping and reporting

requirements for approximately 143

registered broker-dealers that operate

certain automated trading systems

(‘‘Broker-Dealer Trading System’’ or

‘‘BDTS’’). Rule 17a–23 requires any

registered broker-dealer that sponsors a

BDTS to maintain participant, volume,

and transaction records. Rule 17a–23

and Form 17A–23 also require system

sponsors to submit three reports to the

Commission and, under certain

circumstances, to an appropriate selfregulatory organization. These

recordkeeping requirements assist the

Commission with monitoring brokerdealers that operate BDTSs and with

ensuring compliance with Rule 17a–23.

The Commission staff estimates the

average number of hours necessary for

each BDTS sponsor to comply with Rule

17a–23 is 46 hours annually. The total

burden is 6,542 hours annually for the

broker-dealers operating BDTSs, based

upon past submissions. The average cost

per hour is approximately $7.00.

Therefore, the total annual cost of

compliance for the 143 broker-dealers

operating BDTSs is $46,046.00.

The retention period for the

recordkeeping requirement under Rule

17a–23 is three years following the date

of a record or notice prepared pursuant

to the rule. The recordkeeping

requirement under Rule 17a–23 is

mandatory to assist the Commission

with monitoring broker-dealers that

operate BDTSs and with ensuring

compliance with the rule. Rule 17a–23

does involve the collection of

confidential information. Please note

that 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.

General comments regarding the

estimated burden hours 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 3208, New Executive Office

Building, Washington, D.C. 20503; and

(ii) Michael E. Bartell, Associate

Executive Director, Office of

Information Technology, Securities and

Exchange Commission, 450 Fifth Street,

N.W., Washington, D.C. 20549.

Comments must be submitted to OMB

within 30 days of this notice.

Dated: December 17, 1997.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 97–33585 Filed 12–23–97; 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:

Rule 15c3–3, SEC File No. 270–87, OMB

Control No. 3235–0078