57306 Federal Register / Vol. 75, No. 181 / Monday, September 20, 2010 / Notices 

Rule 17f–1(g); SEC File No. 270–30; OMB 

Control No. 3235–0290. 

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 

provided for in Rule 17f–1(g) (17 CFR 

240.17f–1(g)), under the Securities 

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

seq.) (the ‘‘Act’’). 

Rule 17f–1(g) requires that all 

reporting institutions (i.e., every 

national securities exchange, member 

thereof, registered securities association, 

broker, dealer, municipal securities 

dealer, registered transfer agent, 

registered clearing agency, participant 

therein, member of the Federal Reserve 

System, and bank insured by the FDIC) 

maintain and preserve a number of 

documents related to their participation 

in the Lost and Stolen Securities 

Program (‘‘Program’’) under Rule 17f–1. 

The following documents must be kept 

in an easily accessible place for three 

years, according to paragraph (g): (1) 

Copies or all reports of theft or loss 

(Form X–17F–1A) filed with the 

Commission’s designee: (2) all 

agreements between reporting 

institutions regarding registration in the 

Program or other aspects of Rule 17f–1; 

and (3) all confirmations or other 

information received from the 

Commission or its designee as a result 

of inquiry. 

Reporting institutions utilize these 

records and reports (a) To report 

missing, lost, stolen or counterfeit 

securities to the database, (b) to confirm 

inquiry of the database, and (c) to 

demonstrate compliance with Rule 17f– 

1. The Commission and the reporting 

institutions’ examining authorities 

utilize these records to monitor the 

incidence of thefts and losses incurred 

by reporting institutions and to 

determine compliance with Rule 17f–1. 

If such records were not retained by 

reporting institutions, compliance with 

Rule 17f–1 could not be monitored 

effectively. 

The Commission estimates that there 

are 25,458 reporting institutions 

(respondents) and, on average, each 

respondent would need to retain 33 

records annually, with each retention 

requiring approximately 1 minute (33 

minutes or .55 hours). The total 

estimated annual burden is 14,001.9 

hours (25,458 × .55 hours = 14,001.9). 

Assuming an average hourly cost for 

clerical work of $50.00, the average total 

yearly record retention cost for each 

respondent would be $27.50. Based on 

these estimates, the total annual cost for 

the estimated 25,458 reporting 

institutions would be approximately 

$700,095 (25,458 × $27.50). 

Rule 17f–1(g) does not require 

periodic collection, but does require 

retention of records generated as a result 

of compliance with Rule 17f–1. Under 

Section 17(b) and (f) of the Act, the 

information required by Rule 17f–1(g) is 

available to the Commission and 

Federal bank regulators for 

examinations or collection purposes. 

Rule 0–4 of the Act deems such 

information to be confidential. Please 

note that 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: September 14, 2010. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–23411 Filed 9–17–10; 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 17a–1; SEC File No. 270–244; OMB 

Control No. 3235–0208. 

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 17a–1 

(17 CFR 240.17a–1) under the Securities 

Exchange Act of 1934, as amended (the 

‘‘Act’’) (15 U.S.C. 78a et seq.). 

Rule 17a–1 requires that every 

national securities exchange, national 

securities association, registered 

clearing agency, and the Municipal 

Securities Rulemaking Board keep on 

file for a period of not less than five 

years, the first two years in an easily 

accessible place, at least one copy of all 

documents, including all 

correspondence, memoranda, papers, 

books, notices, accounts, and other such 

records made or received by it in the 

course of its business as such and in the 

conduct of its self-regulatory activity, 

and that such documents be available 

for examination by the Commission. 

There are 22 entities required to 

comply with the rule: 14 national 

securities exchanges, 1 national 

securities association, 6 registered 

clearing agencies, and the Municipal 

Securities Rulemaking Board. The 

Commission staff estimates that the 

average number of hours necessary for 

compliance with the requirements of 

Rule 17a–1 is 50 hours per year. In 

addition, 4 national securities 

exchanges notice-registered pursuant to 

Section 6(g) of the Act (15 U.S.C. 78f(g)) 

are required to preserve records of 

determinations made under Rule 3a55– 

1 under the Act (17 CFR 240.3a55–1), 

which the Commission staff estimates 

will take 1 hour per exchange, for a total 

of 4 hours. Accordingly, the 

Commission staff estimates that the total 

number of hours necessary to comply 

with the requirements of Rule 17a–1 is 

1,104 hours. The average cost per hour 

is $59. Therefore, the total cost of 

compliance for the respondents is 

$65,136. 

Compliance with Rule 17a–1 is 

mandatory. Rule 17a–1 does not assure 

confidentiality for the records 

maintained pursuant to the rule. The 

records required by Rule 17a–1 are 

available only for examination by the 

Commission staff, state securities 

authorities and the self-regulatory 

organizations. Subject to the provisions 

of the Freedom of Information Act, 5 

U.S.C. 522, and the Commission’s rules 

thereunder (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. 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 


jdjones on DSK8KYBLC1PROD with NOTICES
Federal Register / Vol. 75, No. 181 / Monday, September 20, 2010 / Notices 57307 

1 15 U.S.C. 78k–1. 

2 17 CFR 242.608. 

3Each participant executed the proposed 

amendment. The Participants are: BATS Exchange, 

Inc.; Chicago Board Options Exchange, Inc.; 

Chicago Stock Exchange, Inc.; Financial Industry 

Regulatory Authority, Inc.; International Securities 

Exchange, LLC; NASDAQ OMX BX, Inc.; NASDAQ 

OMX PHLX, Inc.; The NASDAQ Stock Market LLC; 

National Stock Exchange, Inc.; New York Stock 

Exchange LLC; NYSE Amex LLC; and NYSE Arca, 

Inc. 

4See Securities Exchange Act Release No. 10787 

(May 10, 1974), 39 FR 17799 (declaring the CTA 

Plan effective). The CTA Plan, pursuant to which 

markets collect and disseminate last sale price 

information for non-NASDAQ listed securities, is a 

‘‘transaction reporting plan’’ under Rule 601 under 

the Act, 17 CFR 242.601, and a ‘‘national market 

system plan’’ under Rule 608 under the Act, 17 CFR 

242.608. 

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. 

September 14, 2010. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–23410 Filed 9–17–10; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–62906; File No. SR–CTA– 

2010–01] 

Consolidated Tape Association; Notice 

of Filing and Immediate Effectiveness 

of the Fourteenth Charges Amendment 

to the Second Restatement of the 

Consolidated Tape Association Plan 

September 14, 2010. 

Pursuant to Section 11A of the 

Securities Exchange Act of 1934 

(‘‘Act’’),1 and Rule 608 thereunder,2

notice is hereby given that on July 6, 

2010, the Consolidated Tape 

Association (‘‘CTA’’) Plan participants 

(‘‘Participants’’) 3 filed with the 

Securities and Exchange Commission 

(‘‘Commission’’) a proposal to amend the 

Second Restatement of the CTA Plan 

(the ‘‘CTA Plan’’).4 The proposal 

represents the fourteenth charges 

amendment to the CTA Plan 

(‘‘Fourteenth Charges Amendment’’), 

and reflects changes unanimously 

adopted by the Participants. The 

Fourteenth Charges Amendment 

proposes: (1) Permanent approval of fees 

that apply to a vendor’s dissemination 

of a real-time Network B last sale price 

information ticker over broadcast, cable 

or satellite television; and, (2) an update 

of the automatic annual increase to the 

amount of the broker-dealer enterprise 

maximum monthly charge. Pursuant to 

Rule 608(b)(3) under Regulation NMS, 

the Participants designate the 

amendment as establishing or changing 

a fee or other charge collected on their 

behalf in connection with access to, or 

use of, the facilities contemplated by the 

Plans. As a result, the amendment 

becomes effective upon filing with the 

Commission. The Commission is 

publishing this notice to solicit 

comments from interested persons on 

the proposed Amendment. 

I. Rule 608(a) 

A. Description and Purpose of the 

Amendments 

1. Network B Television Ticker Fees 

The amendment seeks to establish as 

a permanent part of the Network B rate 

schedule a tiered fee structure 

applicable to vendors that disseminate a 

real-time Network B ticker over 

broadcast, cable or satellite television 

(‘‘Television Vendors’’). 

The proposed tiered fee structure is 

identical to the fee structure that the 

Network B Participants have imposed 

on Television Vendors for several years 

as part of an extended pilot program. 

Currently, Network B had two 

Television Vendors. The amendment 

would merely codify the fees as a 

permanent part of the Network B fee 

schedule. 

The proposed tiered fee structure is as 

follows: 

Number of customer 

households penetrated 

Monthly price per 

1,000 customer 

households penetrated 

1 through 5,000,000 .. $1.50 

5,000,001 through 

10,000,000.

$1.25 

10,000,001 through 

20,000,000.

$1.00 

20,000,001 through 

40,000,000.

$0.80 

40,000,001 through 

60,000,000.

$0.60 

More than 60,000,001 $0.50 

The fee may be prorated where a 

vendor broadcasts the Network B ticker 

for only a portion of the trading day. 

The proration is determined by dividing 

the number of minutes that the vendor 

broadcasts the Network B ticker during 

the primary market’s trading day into 

the total number of minutes in the 

primary market’s trading day (excluding 

after hours’ sessions). Currently, the 

primary market trades from 9:30 a.m. to 

4 p.m. Eastern Standard Time (or for 

390 minutes) on each trading day. 

Accordingly, if a vendor only broadcasts 

the Network B ticker for two hours 

during the trading day, it would 

calculate the Network B fee by (A) 

multiplying the number of households 

reached by (the applicable monthly 

price divided by 1,000 households 

reached) and (B) multiplying that 

product by (120 minutes divided by 390 

minutes). 

Where a vendor owns more than one 

network and broadcasts the Network B 

ticker simultaneously over more than 

one of its networks to a household, the 

vendor only needs to count that 

household once in the calculation of the 

number of households reached. 

The Network B Participants propose 

to quantify the number of households 

reached for billing purposes through the 

use of the monthly Nielsen Cable 

National Audience Demographic Report 

(the ‘‘Nielsen Report’’). For January 

through June of each year, the Network 

B Participants will base the bills upon 

the number of households reached as at 

the end of the preceding September, as 

published in the Nielsen Report. For 

July through December of each year, the 

Network B Participants will base the 

bills upon the number of households 

reached as at the end of the preceding 

March, as published in the Nielsen 

Report. 

Where the Nielsen Report does not 

provide the number of households 

reached for a vendor as at the end of 

March or September, the Network B 

Participants will use the most recent 

figure that the Nielsen Report has 

published as at the end of any of the six 

months preceding that March or 

September. If the Nielsen Report does 

not provide the number of households 

reached during that period, then the 

Network B Participants will ask the 

vendor to report the number of 

households that its broadcasts reach as 

at the end of each September and 

March. The Network B Participants 

reserve the right to verify the accuracy 

of the vendor’s report. 

The new Network B ticker fee applies 

to any television broadcasts of the 

Network B ticker, whether through 

broadcast, cable or satellite television. 

The vendor’s television ticker service 

may not enable the vendor’s subscribers 

to customize or interrogate the ticker 

stream or to electronically capture and 


jdjones on DSK8KYBLC1PROD with NOTICES