[Federal Register Volume 66, Number 99 (Tuesday, May 22, 2001)]
[Notices]
[Pages 28206-28207]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-12790]


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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

Extension: Rule 19b-4(e) and Form 19b-4(e); SEC File No. 270-447; 
OMB Control No. 3235-0504.

    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 19b-4(e) permits a self-regulatory organization (``SRO'') to 
immediately list and trade a new derivative securities product so long 
as such product is in compliance with the criteria of Rule 19b-4(e) 
under the Securities Exchange Act of 1934 (``Act''). However, in order 
for the Commission to maintain an accurate record of all new derivative 
securities products traded through the facilities of SROs and to 
determine whether an SRO has properly availed itself of the permission 
granted by Rule 19b-4(e), it is necessary that the SRO maintain, on-
site, a copy of Form 19b-4(e) under the Act. Rule 19b-4(e) requires 
SROs to file a summary form, Form 19b-4(e), and thereby notify the 
Commission, within five business days after the commencement of trading 
a new derivative securities product. In addition, the Commission 
reviews SRO compliance with Rule 19b-4(e) through its routine 
inspections of the SROs.
    The collection of information is designed to allow the Commission 
to maintain an accurate record of all new derivative securities 
products traded through the facilities of SROs and to determine whether 
an SRO has properly availed itself of the permission granted by Rule 
19b-4(e).
    The respondents to the collection of information are self-
regulatory organizations (as defined by the Act), including national 
securities exchanges and national securities associations.
    Ten respondents file an average total of 100 responses per year, 
which corresponds to an estimated annual response burden of 100 hours. 
At an average cost per burden hour of $47.50, the resultant total 
related cost of compliance for these respondents in $4,750 per year 
(100 burden hours multiplied by $47.50/hour=$4,750).
    Compliance with Rule 19b-4(e) is mandatory. Information received in 
response to Rule 19b-4(e) shall not be kept confidential; the 
information collected is public information.
    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.
    Written comments regarding the above information should be directed 
to the following persons: (a) Desk Officer

[[Page 28207]]

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 (b) 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 the Office of 
Management and Budget within 30 days of this notice.

    Dated: May 15, 2001.
Jonathan G. Katz,
Secretary.
[FR Doc. 01-12790 Filed 5-21-01; 8:45 am]
BILLING CODE 8010-01-M