54196 Federal Register / Vol. 75, No. 171 / Friday, September 3, 2010 / Notices 

process, and an initial list of affiliated 

persons, and establishing a means of 

keeping records in the United States) of 

approximately 90 hours for the fund and 

its associated persons. The Commission 

is not including these hours in its 

calculation of the annual burden 

because no fund has applied to register 

under the Act pursuant to rule 7d–1 in 

the last three years. 

As noted above, after registration, a 

Canadian fund may file a supplemental 

application seeking special relief 

designed for the fund’s particular 

circumstances. Rule 7d–1 does not 

mandate these applications. The active 

registrant has not filed a substantive 

supplemental application in the past 

three years. Therefore, the Commission 

has not allocated any burden hours for 

these applications. 

These estimates of average burden 

hours are made solely for the purposes 

of the Paperwork Reduction Act. The 

estimate is not derived from a 

comprehensive or even a representative 

survey or study of Commission rules. 

If a Canadian or other foreign fund in 

the future applied to register under the 

Act under rule 7d–1, the fund initially 

might have capital and start-up costs 

(not including hourly burdens) of an 

estimated $17,280 to comply with the 

rule’s initial information collection 

requirements. These costs include legal 

and processing-related fees for 

preparing the required documentation 

(such as the application, charter, bylaw, 

and contract provisions), designations 

for service of process, and the list of 

affiliated persons. Other related costs 

would include fees for establishing 

arrangements with a custodian or other 

agent for maintaining records in the 

United States, copying and 

transportation costs for records, and the 

costs of purchasing or leasing computer 

equipment, software, or other record 

storage equipment for records 

maintained in electronic or 

photographic form. 

The Commission expects that a 

foreign fund and its sponsors would 

incur these costs immediately, and that 

the annualized cost of the expenditures 

would be $17,280 in the first year. Some 

expenditures might involve capital 

improvements, such as computer 

equipment, having expected useful lives 

for which annualized figures beyond the 

first year would be meaningful. These 

annualized figures are not provided, 

however, because, in most cases, the 

expenses would be incurred 

immediately rather than on an annual 

basis. The Commission is not including 

these costs in its calculation of the 

annualized capital/start-up costs 

because no fund has applied under rule 

7d–1 to register under the Act pursuant 

to rule 7d–1 in the last three years. 

These estimates of average costs are 

made solely for the purposes of the 

Paperwork Reduction Act. The estimate 

is not derived from a comprehensive or 

even a representative survey or study of 

the costs of Commission rules. 

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 OMB 

control number. 

Please direct general comments 

regarding the above information to the 

following persons: (i) Desk Officer for 

the Securities and Exchange 

Commission, Office of Management and 

Budget, Room 10102, New Executive 

Office Building, Washington, DC 20503 

or e-mail to: Shagufta Ahmed at 

Shagufta_Ahmed@omb.eop.gov; and (ii) 

Charles Boucher, Director/CIO, 

Securities and Exchange Commission, c/ 

o Remi Pavlik-Simon, 6432 General 

Green Way, Alexandria, VA 22312; or 

send an e-mail to: 

PRA_Mailbox@sec.gov. Comments must 

be submitted to OMB within 30 days of 

this notice. 

Dated: August 30, 2010. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–22030 Filed 9–2–10; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Submission for OMB Review; 

Comment Request 

Upon Written Request, Copy Available 

From: Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549–0213. 

Extension: 

Form N–14; SEC File No. 270–297; OMB 

Control No. 3235–0336. 

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 (the 

‘‘Commission’’) has submitted to the 

Office of Management and Budget 

requests for extension of the previously 

approved collection of information 

discussed below. 

Form N–14 (17 CFR 239.23)— 

Registration Statement Under the 

Securities Act of 1933 for Securities 

Issued in Business Combination 

Transactions by Investment Companies 

and Business Development Companies. 

Form N–14 is used by investment 

companies registered under the 

Investment Company Act of 1940 (15 

U.S.C. 80a–1 et seq.) (‘‘Investment 

Company Act’’) and business 

development companies as defined by 

Section 2(a)(48) of the Investment 

Company Act to register securities 

under the Securities Act of 1933 (15 

U.S.C. 77a et seq.) (‘‘Securities Act’’) to 

be issued in business combination 

transactions specified in rule 145(a) 

under the Securities Act (17 CFR 

230.145(a)) and exchange offers. The 

securities are registered under the 

Securities Act to ensure that investors 

receive the material information 

necessary to evaluate securities issued 

in business combination transactions. 

The Commission staff reviews 

registration statements on Form N–14 

for the adequacy and accuracy of the 

disclosure contained therein. Without 

Form N–14, the Commission would be 

unable to verify compliance with 

securities law requirements. The 

respondents to the collection of 

information are investment companies 

or business development companies 

issuing securities in business 

combination transactions. The estimated 

number of responses is 286 (including 

266 registrants that file one new 

registration statement on Form N–14 

each year and 20 registrants that file one 

amendment to Form N–14 each year) 

and the collection occurs only when a 

merger or other business combination is 

planned. The estimated total annual 

reporting burden of the collection of 

information is approximately 620 hours 

per response for a new registration 

statement, and approximately 350 hours 

per response for an amended Form 

N–14, for a total of 171,920 annual 

burden hours. Providing the information 

on Form N–14 is mandatory. Responses 

will not be kept confidential. Estimates 

of the burden hours are made solely for 

the purposes of the Paperwork 

Reduction Act, and are not derived from 

a comprehensive or even a 

representative survey or study of the 

costs of SEC rules and forms. 

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 OMB 

control number. 

Please direct general comments 

regarding the above information to the 

following persons: 

(i) Desk Officer for the Securities and 

Exchange Commission, Office of 

Management and Budget, Room 10102, 

New Executive Office Building, 

Washington, DC 20503 or send an 

e-mail to Shagufta Ahmed at 

Shagufta_Ahmed@omb.eop.gov; and (ii) 

Charles Boucher, Director/CIO, 

Securities and Exchange Commission, 


srobinson on DSKHWCL6B1PROD with NOTICES
Federal Register / Vol. 75, No. 171 / Friday, September 3, 2010 / Notices 54197 

C/O Remi Pavlik-Simon, 6432 General 

Green Way, Alexandria, VA 22312; or 

send an e-mail to: PRA_Mailbox 

@sec.gov. Comments must be submitted 

to OMB within 30 days of this notice. 

Dated: August 30, 2010. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–22031 Filed 9–2–10; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Submission for OMB Review; 

Comment Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of Investor Education 

and Advocacy, Washington, DC 20549– 

0213. 

Extension: 

Rule 302; SEC File No. 270–453; OMB 

Control No. 3235–0510. 

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 approval of extension of the 

previously approved collection of 

information provided for in Rule 302 

(17 CFR 242.302) of Regulation ATS (17 

CFR 242.300 et seq.) under the 

Securities and Exchange Act of 1934 

(‘‘Act’’) (15 U.S.C. 78a et seq.). 

Regulation ATS sets forth a regulatory 

regime for ‘‘alternative trading systems’’ 

(‘‘ATSs’’), which are entities that carry 

out exchange functions but which are 

not required to register as national 

securities exchanges under the Act. In 

lieu of exchange registration, an ATS 

can instead opt to register with the 

Commission as a broker-dealer and, as 

a condition to not having to register as 

an exchange, must instead comply with 

Regulation ATS. Rule 302 of Regulation 

ATS (17 CFR 242.302) describes the 

recordkeeping requirements for ATSs. 

Under Rule 302, ATSs are required to 

make a record of subscribers to the ATS, 

daily summaries of trading in the ATS, 

and time-sequenced records of order 

information in the ATS. 

The information required to be 

collected under Rule 302 should 

increase the abilities of the Commission, 

state securities regulatory authorities, 

and the self-regulatory organizations 

(‘‘SROs’’) to ensure that ATSs are in 

compliance with Regulation ATS as 

well as other applicable rules and 

regulations. If the information is not 

collected or collected less frequently, 

the regulators would be limited in their 

ability to comply with their statutory 

obligations, provide for the protection of 

investors, and promote the maintenance 

of fair and orderly markets. 

Respondents consist of ATSs that 

choose to register as broker-dealers and 

comply with the requirements of 

Regulation ATS. There are currently 81 

respondents. These respondents will 

spend approximately 10,530 hours per 

year (81 respondents at 130 burden 

hours/respondent) to comply with the 

recordkeeping requirements of Rule 302. 

At an average cost per burden hour of 

$59, the resultant total related cost of 

compliance for these respondents is 

$621,270.00 per year (10,530 burden 

hours multiplied by $59/hour). 

Compliance with Rule 302 is 

mandatory. The information required by 

Rule 302 is available only for the 

examination of the Commission staff, 

state securities authorities, and the 

SROs. Subject to the provisions of the 

Freedom of Information Act, 5 U.S.C. 

§ 522 (‘‘FOIA’’), and the Commission’s 

rule (17 CFR 200.80(b)(4)(iii)), the 

Commission does not generally publish 

or make available information contained 

in any reports, summaries, analyses, 

letters, or memoranda arising out of, in 

anticipation of, or in connection with an 

examination or inspection of the books 

and records of any person or any other 

investigation. 

ATSs are required to preserve any 

records, for at least three years, made in 

the process of complying with the 

requirements set out in Rule 302. 

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. 

Comments should be directed to: (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, or by 

sending an e-mail to: 

Shagufta_Ahmed@omb.eop.gov; and (ii) 

Charles Boucher, Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o Remi PavlikSimon, 6432 General Green Way, 

Alexandria, VA 22312 or send an e-mail 

to: PRA_Mailbox@sec.gov. Comments 

must be submitted within 30 days of 

this notice. 

Dated; August 30, 2010. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–22027 Filed 9–2–10; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. IC–29405] 

Notice of Applications for 

Deregistration Under Section 8(f) of the 

Investment Company Act of 1940 

August 27, 2010. 

The following is a notice of 

applications for deregistration under 

section 8(f) of the Investment Company 

Act of 1940 for the month of August 

2010. A copy of each application may be 

obtained via the Commission’s Web site 

by searching for the file number, or an 

applicant using the Company name box, 

at http://www.sec.gov/search/ 

search.htm or by calling (202) 551– 

8090. An order granting each 

application will be issued unless the 

SEC orders a hearing. Interested persons 

may request a hearing on any 

application by writing to the SEC’s 

Secretary at the address below and 

serving the relevant applicant with a 

copy of the request, personally or by 

mail. Hearing requests should be 

received by the SEC by 5:30 p.m. on 

September 21, 2010, and should be 

accompanied by proof of service on the 

applicant, in the form of an affidavit or, 

for lawyers, a certificate of service. 

Hearing requests should state the nature 

of the writer’s interest, the reason for the 

request, and the issues contested. 

Persons who wish to be notified of a 

hearing may request notification by 

writing to the Secretary, U.S. Securities 

and Exchange Commission, 100 F 

Street, NE., Washington, DC 20549– 

1090. 

For Further Information Contact: 

Diane L. Titus at (202) 551–6810, SEC, 

Division of Investment Management, 

Office of Investment Company 

Regulation, 100 F Street, NE., 

Washington, DC 20549–4041. 

Templeton Capital Accumulation 

Plans I 

[File No. 811–6197] 

Templeton Capital Accumulation Pans 

II 

[File No. 811–10165] 

Summary: Each applicant, a unit 

investment trust, seeks an order 

declaring that it has ceased to be an 

investment company. On May 20, 2005 

and September 29, 2006, respectively, 

each applicant made a liquidating 

distribution to its planholders, based on 

net asset value. As a result of the 

liquidations, applicants’ planholders 

became direct shareholders of 

Templeton Growth Fund, Inc., the sole 

underlying investment vehicle for each 


srobinson on DSKHWCL6B1PROD with NOTICES