Federal Register / Vol. 87, No. 88 / Friday, May 6, 2022 / Notices 27197 

1 The estimated hourly wages used in this 

analysis were derived from reports prepared by the 

Securities Industry and Financial Markets 

Association. See Securities Industry and Financial 

Markets Association, Office Salaries in the 

Securities Industry—2022 (2022), modified to 

account for an 1800-hour work year and multiplied 

by 5.35 to account for bonuses, firm size, employee 

benefits and overhead. 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–363, OMB Control No. 

3235–0413] 

Proposed Collection; Comment 

Request; Extension: Rule 17Ad–16 

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 

(44 U.S.C. 3501 et seq.) (‘‘PRA’’), the 

Securities and Exchange Commission 

(‘‘Commission’’) is soliciting comments 

on the existing collection of information 

provided for in Rule 17Ad–16 (17 CFR 

240.17Ad–16) 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. 

Rule 17Ad–16 requires a registered 

transfer agent to provide written notice 

to the appropriate qualified registered 

securities depository when assuming or 

terminating transfer agent services on 

behalf of an issuer or when changing its 

name or address. In addition, transfer 

agents that provide such notice shall 

maintain such notice for a period of at 

least two years in an easily accessible 

place. This rule addresses the problem 

of certificate transfer delays caused by 

transfer requests that are directed to the 

wrong transfer agent or the wrong 

address. 

We estimate that the transfer agent 

industry submits 15,917 Rule 17Ad–16 

notices to appropriate qualified 

registered securities depositories. The 

staff estimates that the average amount 

of time necessary to create and submit 

each notice is approximately 15 minutes 

per notice. Accordingly, the estimated 

total industry burden is 3,979.25 hours 

per year (15 minutes multiplied by 

15,917 notices filed annually). 

Because the information needed by 

transfer agents to properly notify the 

appropriate registered securities 

depository is readily available to them 

and the report is simple and 

straightforward, the cost is relatively 

minimal. The average internal 

compliance cost to prepare and send a 

notice is approximately $86 (15 minutes 

at $344 per hour).1 This yields an 

industry-wide internal compliance cost 

estimate of $1,368,862 (15,917 notices 

multiplied by $86 per notice). 

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 by July 5, 2022. 

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: PRA_

Mailbox@sec.gov. 

Dated: May 2, 2022. 

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–09719 Filed 5–5–22; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #17118; California 

Disaster Number CA–00343 Declaration of 

Economic Injury] 

Administrative Declaration 

Amendment of an Economic Injury 

Disaster for the State of California 

AGENCY: Small Business Administration. 

ACTION: Amendment 1. 

SUMMARY: This is an amendment of the 

Economic Injury Disaster Loan (EIDL) 

declaration for the State of 

CALIFORNIA dated 08/26/2021. 

Incident: Tamarack Fire. 

Incident Period: 07/04/2021 through 

10/31/2021. 

DATES: Issued on 05/02/2022. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 05/26/2022. 

ADDRESSES: Submit completed loan 

applications to: U.S. Small Business 

Administration, Processing and 

Disbursement Center, 14925 Kingsport 

Road, Fort Worth, TX 76155. 

FOR FURTHER INFORMATION CONTACT: A. 

Escobar, Office of Disaster Assistance, 

U.S. Small Business Administration, 

409 3rd Street SW, Suite 6050, 

Washington, DC 20416, (202) 205–6734. 

SUPPLEMENTARY INFORMATION: The notice 

of the Administrator’s EIDL declaration 

for the State of California, dated 08/26/ 

2021, is hereby amended to establish the 

incident period for this disaster as 

beginning 07/04/2021 and continuing 

through 10/31/2021. 

All other information in the original 

declaration remains unchanged. 

(Catalog of Federal Domestic Assistance 

Number 59008) 

Isabella Guzman, 

Administrator. 

[FR Doc. 2022–09736 Filed 5–5–22; 8:45 am] 

BILLING CODE 8026–03–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #17436 and #17437; 

Florida Disaster Number FL–00171] 

Administrative Declaration of a 

Disaster for the State of Florida 

AGENCY: Small Business Administration. 

ACTION: Notice. 

SUMMARY: This is a notice of an 

Administrative declaration of a disaster 

for the State of Florida dated 05/02/ 

2022. 

Incident: Severe Storms and 

Tornadoes. 

Incident Period: 01/16/2022. 

DATES: Issued on 05/02/2022. 

Physical Loan Application Deadline 

Date: 07/01/2022. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 02/02/2023. 

ADDRESSES: Submit completed loan 

applications to: U.S. Small Business 

Administration, Processing and 

Disbursement Center, 14925 Kingsport 

Road, Fort Worth, TX 76155. 

FOR FURTHER INFORMATION CONTACT: A. 

Escobar, Office of Disaster Assistance, 

U.S. Small Business Administration, 

409 3rd Street SW, Suite 6050, 

Washington, DC 20416, (202) 205–6734. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that as a result of the 

Administrator’s disaster declaration, 

applications for disaster loans may be 

filed at the address listed above or other 

locally announced locations. 

The following areas have been 

determined to be adversely affected by 

the disaster: 

Primary Counties: Lee 


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