Document ID: SEC-2009-0305-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2009-03-09T04:00Z

[Federal Register: March 9, 2009 (Volume 74, Number 44)]
[Notices]               
[Page 10102]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr09mr09-90]                         

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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.

Extension:
    Rule 17Ac2-2, SEC File No. 270-298, OMB Control No. 3235-0337.
Form TA-2, SEC File No. 270-298, OMB Control No. 3235-0337.

    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 17Ac2-2 and Form TA-2 (OMB Control No. 3235-0337; SEC 
File No. 270-298).
    Rule 17Ac2-2 (17 CFR 240.17Ac2-2) and Form TA-2 under the 
Securities Exchange Act of 1934 (17 U.S.C. 78a et seq.) require 
transfer agents to file an annual report of their business activities 
with the Commission. The amount of time needed to comply with the 
requirements of Rule 17Ac2-2 and Form TA-2 varies. From the total 598 
registered transfer agents, approximately 30 registrants would be 
required to complete only Questions 1 through 4 and the signature 
section of amended Form TA-2, which the Commission estimates would take 
each registrant about 30 minutes, for a total burden of 15 hours (30 x 
.5 hours). Approximately 111 registrants would be required to answer 
Questions 1 through 5, 10, and 11 and the signature section, which the 
Commission estimates would take about 1 hour and 30 minutes, for a 
total of 166.5 hours (111 x 1.5 hours). The remaining registrants, 
approximately 457, would be required to complete the entire Form TA-2, 
which the Commission estimates would take about 6 hours, for a total of 
2,742 hours (457 x 6 hours). We estimate that the total burden would be 
2,923.5 hours (15 hours + 166.5 hours + 2,742 hours).
    We estimate that the total cost of reviewing and entering the 
information reported on the Forms TA-2 for respondents is $41.50 per 
hour. The Commission estimates that the total cost would be $121,325.25 
annually ($41.50 x 2,923.5).
    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 estimates 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, Virginia 22312 or send 
an e-mail to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB 
within 60 days of this notice.

    Dated: February 26, 2009.
Jill M. Peterson,
Assistant Secretary.
 [FR Doc. E9-4816 Filed 3-6-09; 8:45 am]

BILLING CODE 8011-01-P