[Federal Register Volume 87, Number 1 (Monday, January 3, 2022)]
[Notices]
[Pages 134-135]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-28433]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-149, OMB Control No. 3235-0130]


Proposed Collection; Comment Request; Extension: Rule 17Ad-2(c), 
(d), and (h)

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 
20549-2736

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (``PRA'') (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the existing 
collection of information provided for in Rule 17Ad-2(c), (d), and (h), 
(17 CFR 240.17Ad-2(c), (d), and (h)), under the Securities Exchange Act 
of 1934 (15 U.S.C. 78a et seq.). The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget (``OMB'') for extension and approval.

[[Page 135]]

    Rule 17Ad-2(e),(d), and (h) enumerates the requirements with which 
transfer agents must comply to inform the Commission or the appropriate 
regulator of a transfer agent's failure to meet the minimum performance 
standards set by the Commission rule by filing a notice.
    The Commission receives approximately 3 notices a year pursuant to 
Rule 17Ad-2(c), (d), and (h). The estimated annual time burden of these 
filings on respondents is minimal in view of: (a) The readily available 
nature of most of the information required to be included in the notice 
(since that information must be compiled and retained pursuant to other 
Commission rules); and (b) the summary fashion in which such 
information must be presented in the notice (most notices are one page 
or less in length). In light of the above, and based on the experience 
of the staff regarding the notices, the Commission staff estimates 
that, on average, most notices require approximately one-half hour to 
prepare. Thus, the Commission staff estimates that the industry-wide 
total time burden is approximately 1.5 hours per year.
    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 
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.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information under the PRA unless it 
displays a currently valid OMB control number.
    Please direct your written comments to: David Bottom, Director/
Chief Information Officer, Securities and Exchange Commission, c/o John 
Pezzullo, 100 F Street NE, Washington, DC 20549, or send an email to: 
<a href="/cdn-cgi/l/email-protection#47171506180a262e2b25283f0734222469202831"><span class="__cf_email__" data-cfemail="015153405e4c60686d636e79417264622f666e77">[email protected]</span></a>.

    Dated: December 28, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-28433 Filed 12-30-21; 8:45 am]
BILLING CODE 8011-01-P


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