[Federal Register Volume 74, Number 115 (Wednesday, June 17, 2009)]
[Notices]
[Page 28733]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-14150]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Extension of Existing 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 17f-1(c) and Form X-17F-1A, OMB Control No. 3235-0037, SEC 
File No. 270-29.

    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 existing collection of 
information provided for in the following rule: Rule 17f-1(c) and Form 
X-17F-1A (17 CFR 249.100) under the Securities Exchange Act of 1934 (15 
U.S.C. 78a et seq.) (``Exchange Act''). The Commission plans to submit 
this existing collection of information to the Office of Management and 
Budget for extension and approval.
    Rule 17f-1(c) (17 CFR 240.17f-1(c)) requires approximately 26,000 
entities in the securities industry to report lost, stolen, missing, or 
counterfeit securities to a central database. Form X-17F-1A (17 CFR 
249.100) facilitates the accurate reporting and precise and immediate 
data entry into the central database. Reporting to the central database 
fulfills a statutory requirement that reporting institutions report and 
inquire about missing, lost, counterfeit, or stolen securities. 
Reporting to the central database also allows reporting institutions to 
gain access to the database that stores information for the Lost and 
Stolen Securities Program.
    We estimate that 26,000 reporting institutions will report that 
securities are either missing, lost, counterfeit, or stolen annually 
and that each reporting institution will submit this report 50 times 
each year. The staff estimates that the average amount of time 
necessary to comply with Rule 17f-1(c) and Form X-17F-1A is five 
minutes. The total burden is 108,333 hours annually for respondents 
(26,000 times 50 times 5 divided by 60).
    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 agency'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 Charles Boucher, 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: <a href="/cdn-cgi/l/email-protection#114143504e5c70787d737e69516274723f767e67"><span class="__cf_email__" data-cfemail="7c2c2e3d23311d15101e13043c0f191f521b130a">[email protected]</span></a>.

    Dated: June 10, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9-14150 Filed 6-16-09; 8:45 am]
BILLING CODE 8010-01-P


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