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[Federal Register Volume 90, Number 6 (Friday, January 10, 2025)]
[Notices]
[Page 2046]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-00250]

[[Page 2046]]

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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-298, OMB Control No. 3235-0337]

Submission for OMB Review; Comment Request; Extension: Rule 
17Ac2-2 and Form TA-2

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'') has submitted to the Office of Management 
and Budget (``OMB'') a request for approval of the existing collection 
of information provided for in Rule 17Ac2-2 (17 CFR 240.17Ac2-2) and 
Form TA-2 under the Securities Exchange Act of 1934 (15 U.S.C. 78a et 
seq.) (``Exchange Act'').
    Rule 17Ac2-2 and Form TA-2 under the Exchange Act require transfer 
agents to file an annual report of their business activities with the 
Commission. These reporting requirements are designed to ensure that 
all registered transfer agents are providing the Commission with 
sufficient information on an annual basis about the transfer agent 
community and to permit the Commission to effectively monitor business 
activities of transfer agents.
    The amount of time needed to comply with the requirements of 
amended Rule 17Ac2-2 and Form TA-2 varies. Of the total 315 registered 
transfer agents, approximately 9.2% (or 29 registrants) would be 
required to complete only questions 1 through 3 and the signature 
section of amended Form TA-2, which the Commission estimates would take 
each registrant approximately 30 minutes, for a total burden of 15 
hours (29 x .5 hours = 14.5 rounded up to 15). Approximately 26.5% of 
registrants (or 84 registrants) would be required to answer questions 1 
through 5, question 11, and the signature section, which the Commission 
estimates would take approximately 1 hour and 30 minutes, for a total 
burden of 126 hours (84 x 1.5 hours). Approximately 64.2% of the 
registrants (or 203 registrants) would be required to complete the 
entire Form TA-2, which the Commission estimates would take 
approximately 6 hours, for a total burden of 1,218 hours (203 x 6 
hours). The aggregate annual burden on all 315 registered transfer 
agents is thus approximately 1,359 hours (15 hours + 126 hours + 1,218 
hours) and the average annual burden per transfer agent is 
approximately 4.314 hours (1,359 / 315).
    This rule does not involve the collection of confidential 
information.
    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.
    The public may view and comment on this information collection 
request at: https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202410-3235-013 or send an email comment to 
[email protected] within 30 days of the day 
after publication of this notice by January 21, 2025.

    Dated: January 3, 2025.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2025-00250 Filed 1-8-25; 8:45 am]
BILLING CODE 8011-01-P
```