26444 Federal Register / Vol. 74, No. 104 / Tuesday, June 2, 2009 / Notices 

1See SEC Release No. 34–59792 (April 20, 2009); 

74 FR 18753 (April 24, 2009). 

2 Deloitte Touche Tohmatsu; 

PricewaterhouseCoopers LLP; and Ernst & Young 

LLP. 

3China Securities Regulatory Commission. 

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. 

SUPPLEMENTARY INFORMATION: The notice 

of the Presidential disaster declaration 

for the State of GEORGIA, dated 04/23/ 

2009 is hereby amended to include the 

following areas as adversely affected by 

the disaster: 

Primary Counties: (Physical Damage 

and Economic Injury Loans): 

Baker, Early. 

Contiguous Counties: (Economic Injury 

Loans Only): 

Alabama: Henry, Houston. 

Georgia: Clay. 

All other information in the original 

declaration remains unchanged. 

(Catalog of Federal Domestic Assistance 

Numbers 59002 and 59008). 

Roger B. Garland, 

Acting Associate Administrator for Disaster 

Assistance. 

[FR Doc. E9–12723 Filed 6–1–09; 8:45 am] 

BILLING CODE 8025–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Proposed Collection; Comment 

Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549–0213. 

Extension: 

Form 11–K; OMB Control No. 3235–0082; 

SEC File No. 270–101. 

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. 

Form 11–K (17 CFR 249.311) is the 

annual report designed for use by 

employee stock purchase, savings and 

similar plans to comply with the 

reporting requirements under Section 

15(d) of the Securities and Exchange Act 

of 1934 (the ‘‘Exchange Act’’) (15 U.S.C. 

78o(d)). Section 15(d) establishes a 

periodic reporting obligation for every 

issuer of a class of securities registered 

under the Securities Act of 1933 (the 

‘‘Securities Act’’) (15 U.S.C. 77a et seq.). 

Form 11–K provides employees of an 

issuer with financial information so that 

they can assess the performance of the 

investment vehicle or stock plan. Form 

11–K takes approximately 30 burden 

hours per response and is filed by 2,000 

respondents for total of 60,000 burden 

hours. 

Written comments are invited on: (a) 

Whether this 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 imposed by 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 collections 

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. 

Please direct your written comments 

to Charles Boucher/CIO, Securities and 

Exchange Commission, C/O Shirley 

Martinson, 6432 General Green Way, 

Alexandria, Virginia 22312, or send an 

e-mail to: PRA_Mailbox@sec.gov. 

Dated: May 26, 2009. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E9–12719 Filed 6–1–09; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–59991; File No. PCAOB– 

2008–06] 

Public Company Accounting Oversight 

Board; Order Approving Proposed 

Amendment to Board Rules Relating to 

Inspections 

May 28, 2009. 

I. Introduction 

On December 9, 2008, the Public 

Company Accounting Oversight Board 

(the ‘‘Board’’ or the ‘‘PCAOB’’) filed 

with the Securities and Exchange 

Commission (the ‘‘Commission’’) a 

proposed rule amendment (PCAOB– 

2008–06) pursuant to Section 107(b) of 

the Sarbanes-Oxley Act of 2002 (the 

‘‘Act’’) relating to the Board’s rules 

governing inspections of registered 

public accounting firms. Notice of the 

proposed rule amendment was 

published in the Federal Register on 

April 24, 2009.1 The Commission 

received four comment letters relating to 

the proposed rule amendment. For the 

reasons discussed below, the 

Commission is granting approval of the 

proposed rule amendment. 

II. Description 

On December 9, 2008, the PCAOB 

submitted to the Commission a 

proposed amendment to its inspection 

rules to adjust the inspection frequency 

requirements for certain non-U.S. 

registered public accounting firms. The 

proposed amendment would add 

paragraph (f) to existing Rule 4003 to 

provide that, with respect to any foreign 

registered public accounting firm that 

under the Board’s inspection rules had 

a 2008 deadline for the first Board 

inspection, such deadline would be 

extended to 2009. Pursuant to the 

requirements of Section 107(b) of the 

Act and Section 19(b) of the Securities 

Exchange Act of 1934 (the ‘‘Exchange 

Act’’), the Commission published the 

proposed amendment for public 

comment on April 20, 2009. 

III. Discussion 

Section 104 of the Act requires the 

PCAOB to conduct a continuing 

program of inspections to assess the 

degree of compliance of each registered 

public accounting firm and associated 

persons of that firm with the Act, the 

rules of the PCAOB, the rules of the 

Commission, and professional 

standards, in connection with its 

performance of audits, issuance of audit 

reports, and related matters involving 

issuers. Section 104(b)(1)(B) of the Act 

requires the PCAOB to conduct an 

inspection, at least once every three 

years, of each registered firm that 

regularly provides audit reports for 100 

or fewer issuers, and Section 104(b)(2) 

of the Act authorizes the PCAOB to 

adopt rules adjusting that frequency. 

The Commission received four 

comment letters relating to the proposed 

rule amendment. Three of the comments 

came from registered public accounting 

firms 2 and one came from a foreign 

regulator.3 The letters from the 

accounting firms supported adoption of 

the amendment, although one 

questioned whether a one-year delay 

provided sufficient time for resolution 

of the issues related to the affected 

inspections. While not specifically 

related to the proposed amendment, all 

of the commenters also reiterated views