[Federal Register Volume 65, Number 78 (Friday, April 21, 2000)]
[Notices]
[Pages 21493-21494]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-9954]


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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.
Survey on Reciprocal Subpoena Enforcement: SEC File No. 270-479, OMB 
Control No. 3235-new.

    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

[[Page 21494]]

request to approve the collection of information discussed below.
    The survey is called the Securities and Exchange Commission Survey 
on Reciprocal Subpoena Enforcement. The staff created the survey 
pursuant to a Congressional directive in the Securities Litigation 
Uniform Standards Act of 1998 (``1998 Act''). The 1998 Act requires the 
Commission, in consultation with state securities commissions (or 
similar agencies) to ``seek to encourage the adoption of State laws 
providing for reciprocal enforcement by State securities commissions of 
subpoenas issued by another State securities commission. * * *.'' The 
1998 Act further requires the SEC to submit a report to Congress by 
November 2000 which identifies the states that have adopted such laws, 
describes the actions the Commission and the state commissions have 
taken to promote such laws, and identifies any further actions the 
Commission recommends for such purposes.
    The survey seeks information regarding (1) the states' laws 
authorizing providing assistance to other states with subpoenas, (2) 
the states' experiences in seeking assistance from other states with 
their subpoenas, (3) the states' experiences in requesting assistance 
from other states with their subpoenas and (4) each state's proposals 
and suggestions regarding reciprocal subpoena enforcement. The 
Commission will use the information gathered in the survey to write the 
report to Congress.
    The survey will be sent to all of the states, the District of 
Columbia and Puerto Rico. It is estimated that there will be 
approximately 52 respondents to the survey and that each full response 
will take approximately 30 minutes. Thus, the total reporting burden of 
the survey will be about 26 hours. The survey is voluntary and may be 
completed at the option of the recipient. Responses will not be 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 control number.
    General 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: April 11, 2000.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 00-9954 Filed 4-20-00; 8:45 am]
BILLING CODE 8010-01-M