Federal Register / Vol. 73, No. 197 / Thursday, October 9, 2008 / Notices 59687 

order, a member (other than a specialist 

in such security) presenting any order 

for the account of a member on the 

exchange clearly announces or 

otherwise indicates to the specialist and 

to other members then present that he 

is presenting an order for the account of 

a member. 

Without these requirements, it would 

not be possible for the Commission to 

monitor its mandate under the Exchange 

Act to promote fair and orderly markets 

and ensure that exchange members 

have, as the principle purpose of their 

exchange memberships, the conduct of 

a public securities business. 

There are approximately 1,151 

respondents that require an aggregate 

total of 32 hours to comply with this 

rule. Each of these approximately 1,151 

respondents makes an estimated 20 

annual responses, for an aggregate of 

23,020 responses per year. Each 

response takes approximately 5 seconds 

to complete. Thus, the total compliance 

burden per year is 32 hours (23,020 × 5 

seconds/60 seconds per minute/60 

minutes per hour = 32 hours). The 

approximate cost per hour is $519, 

resulting in a total cost of compliance 

for the annual burden of $16,608 (32 

hours @ $519). 

Written comments are invited on: (a) 

Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information will have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden of the 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. 

Comments should be directed to: 

Lewis W. Walker, Acting Director, Chief 

Information Officer, Securities and 

Exchange Commission, C/O Shirley 

Martinson, 6432 General Green Way, 

Alexandria, Virginia 22312 or send an email to: PRA_Mailbox@sec.gov. 

Dated: October 1, 2008. 

Florence E. Harmon, 

Acting Secretary. 

[FR Doc. E8–23929 Filed 10–8–08; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Proposed Collection; Comment 

Request 

Upon Written Request, Copies Available 

From: U.S. Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549–0213. 

Extension: 

Rule 12f–1, OMB Control No. 3235–0128, 

SEC File No. 270–139. 

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’’) is soliciting comments 

on the collection of information 

summarized below. The Commission 

plans to submit the existing collection 

of information to the Office of 

Management and Budget for extension 

and approval. 

• Rule 12f–1 (17 CFR 240.12f–1)— 

Applications for permission to reinstate 

unlisted trading privileges. 

Rule 12f–1 (the ‘‘Rule’’), originally 

adopted in 1934 pursuant to Sections 

12(f) and 23(a) of the Securities 

Exchange Act of 1934 (15 U.S.C. 78a et 

seq.) (‘‘Act’’), as modified in 1995 and 

2005, sets forth the information which 

an exchange must include in an 

application to reinstate its ability to 

extend unlisted trading privileges to any 

security for which such unlisted trading 

privileges have been suspended by the 

Commission, pursuant to Section 

12(f)(2)(A) of the Act. An application 

must provide the name of the issuer, the 

title of the security, the name of each 

national securities exchange, if any, on 

which the security is listed or admitted 

to unlisted trading privileges, whether 

transaction information concerning the 

security is reported pursuant to an 

effective transaction reporting plan 

contemplated by Rule 601 of Regulation 

NMS, the date of the Commission’s 

suspension of unlisted trading 

privileges in the security on the 

exchange, and any other pertinent 

information. Rule 12f–1 further requires 

a national securities exchange seeking to 

reinstate its ability to extend unlisted 

trading privileges to a security to 

indicate that it has provided a copy of 

such application to the issuer of the 

security, as well as to any other national 

securities exchange on which the 

security is listed or admitted to unlisted 

trading privileges. 

The information required by Rule 

12f–1 enables the Commission to make 

the necessary findings under the Act 

prior to granting applications to 

reinstate unlisted trading privileges. 

This information is also made available 

to members of the public who may wish 

to comment upon the applications. 

Without the Rule, the Commission 

would be unable to fulfill these 

statutory responsibilities. 

There are currently 11 national 

securities exchanges subject to Rule 

12f–1. The burden of complying with 

Rule 12f–1 arises when a potential 

respondent seeks to reinstate its ability 

to extend unlisted trading privileges to 

any security for which unlisted trading 

privileges have been suspended by the 

Commission, pursuant to Section 

12(f)(2)(A) of the Act. The staff estimates 

that each application would require 

approximately one hour to complete. 

Thus each potential respondent would 

incur on average one burden hour in 

complying with the Rule. 

The Commission staff estimates that 

there could be as many as 11 responses 

annually and that each respondent’s 

related cost of compliance with Rule 

12f–1 would be $168.00, or, the cost of 

one hour of professional work needed to 

complete the application. The total 

annual related reporting cost for all 

potential respondents, therefore, is 

$1,848.00 (11 responses × $168.00 

/response). 

Compliance with Rule 12f–1 is 

mandatory. Rule 12f–1 does not have a 

record retention requirement per se. 

However, responses made pursuant to 

Rule 12f–1 are subject to the 

recordkeeping requirements of Rules 

17a–3 and 17a–4 of the Act. Information 

received in response to Rule 12f–1 shall 

not be kept confidential; the information 

collected is public information. 

Written comments are invited on: (a) 

Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have practical utility; 

(b) the accuracy of the Commission’s 

estimate of the burden of the proposed 

collection of information; (c) ways to 

enhance the quality, utility, and clarity 

of the information to be 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. 

Comments should be directed to 

Lewis W. Walker, Acting Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o Shirley 

Martinson, 6432 General Green Way, 

Alexandria, VA 22312 or send an e-mail 

to: PRA_Mailbox@sec.gov. 


sroberts on PROD1PC70 with NOTICES
59688 Federal Register / Vol. 73, No. 197 / Thursday, October 9, 2008 / Notices 

Dated: October 1, 2008. 

Florence E. Harmon, 

Acting Secretary. 

[FR Doc. E8–23930 Filed 10–8–08; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Proposed Collection; Comment 

Request 

Upon Written Request, Copies Available 

from: U.S. Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549–0213. 

Extension: 

Rule 12f–3, OMB Control No. 3235–0249, 

SEC File No. 270–141. 

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’’) is soliciting comments 

on the collection of information 

summarized below. The Commission 

plans to submit the existing collection 

of information to the Office of 

Management and Budget for extension 

and approval. 

• Rule 12f–3 (17 CFR 240.12f–3)— 

Termination or Suspension of Unlisted 

Trading Privileges 

Rule 12f–3 (the ‘‘Rule’’), which was 

originally adopted in 1934 pursuant to 

Sections 12(f) and 23(a) of the Securities 

Exchange Act of 1934 (15 U.S.C. 78a et 

seq.) (‘‘Act’’), as modified in 1995, 

prescribes the information which must 

be included in applications for and 

notices of termination or suspension of 

unlisted trading privileges for a security 

as contemplated in Section 12(f)(4) of 

the Act. An application must provide, 

among other things, the name of the 

applicant; a brief statement of the 

applicant’s interest in the question of 

termination or suspension of such 

unlisted trading privileges; the title of 

the security; the name of the issuer; 

certain information regarding the size of 

the class of security and its recent 

trading history; and a statement 

indicating that the applicant has 

provided a copy of such application to 

the exchange from which the 

suspension or termination of unlisted 

trading privileges are sought, and to any 

other exchange on which the security is 

listed or admitted to unlisted trading 

privileges. 

The information required to be 

included in applications submitted 

pursuant to Rule 12f–3, is intended to 

provide the Commission with sufficient 

information to make the necessary 

findings under the Act to terminate or 

suspend by order the unlisted trading 

privileges granted a security on a 

national securities exchange. Without 

the Rule, the Commission would be 

unable to fulfill these statutory 

responsibilities. 

The burden of complying with Rule 

12f–3 arises when a potential 

respondent, having a demonstrable bona 

fide interest in the question of 

termination or suspension of the 

unlisted trading privileges of a security, 

determines to seek such termination or 

suspension. The staff estimates that 

each such application to terminate or 

suspend unlisted trading privileges 

requires approximately one hour to 

complete. Thus each potential 

respondent would incur on average one 

burden hour in complying with the 

Rule. 

The Commission staff estimates that 

there could be as many as 11 responses 

annually and that each respondent’s 

related cost of compliance with Rule 

12f–3 would be $168.00, or, the cost of 

one hour of professional work needed to 

complete the application. The total 

annual related reporting cost for all 

potential respondents, therefore, is 

$1,848.00 (11 responses × $168.00/ 

response). 

Compliance with the application 

requirements of Rule 12f–3 is 

mandatory, though the filing of such 

applications is undertaken voluntarily. 

Rule 12f–3 does not have a record 

retention requirement per se. However, 

responses made pursuant to Rule 12f–3 

are subject to the recordkeeping 

requirements of Rules 17a–3 and 17a–4 

of the Act. Information received in 

response to Rule 12f–3 shall not be kept 

confidential; the information collected 

is public information. 

Written comments are invited on: (a) 

Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have practical utility; 

(b) the accuracy of the Commission’s 

estimate of the burden of the proposed 

collection of information; (c) ways to 

enhance the quality, utility, and clarity 

of the information to be 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. 

Comments should be directed to 

Lewis W. Walker, Acting Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o Shirley 

Martinson, 6432 General Green Way, 

Alexandria, VA 22312 or send an e-mail 

to: PRA_Mailbox@sec.gov. 

Dated: October 1, 2008. 

Florence E. Harmon, 

Acting Secretary. 

[FR Doc. E8–23931 Filed 10–8–08; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Proposed Collection; Comment 

Request 

Upon Written Request, Copies Available 

From: U.S. Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549–0213. 

Extension: 

Rule 24b–1, OMB Control No. 3235–0194, 

SEC File No. 270–205. 

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’’) is soliciting comments 

on the collection of information 

summarized below. The Commission 

plans to submit this existing collection 

of information to the Office of 

Management and Budget for extension 

and approval. 

• Rule 24b–1 (17 CFR 240.24b–1)— 

Documents to be Kept Public by 

Exchanges. 

Rule 24b–1 under the Securities 

Exchange Act of 1934 (15 U.S.C. 78a et 

seq.) requires a national securities 

exchange to keep and make available for 

public inspection a copy of its 

registration statement and exhibits filed 

with the Commission, along with any 

amendments thereto. 

There are eleven national securities 

exchanges that spend approximately 

one half hour each complying with this 

rule, for an aggregate total compliance 

burden of five and one half hours per 

year. The staff estimates that the average 

cost per respondent is $65.18 per year, 

calculated as the costs of copying 

($13.97) plus storage ($51.21), resulting 

in a total cost of compliance for the 

respondents of $716.98. 

Written comments are invited on: (a) 

Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have practical utility; 

(b) the accuracy of the Commission’s 

estimate of the burden of the proposed 

collection of information; (c) ways to 

enhance the quality, utility, and clarity 

of the information to be collected; and 


sroberts on PROD1PC70 with NOTICES