Document ID: SEC-2017-1530-0003
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2021-02-12T05:00Z

[Federal Register Volume 86, Number 28 (Friday, February 12, 2021)]
[Notices]
[Pages 9403-9404]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-02959]

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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-035, OMB Control No. 3235-0029]

Submission for OMB Review; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 
20549-2736

Extension:
    Rule 17f-2(c)

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (``PRA'') (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') has submitted to the Office of Management 
and Budget (``OMB'') a request for approval of extension of the 
previously approved collection of information provided for in Rule 17f-
2(c) (17 CFR 240.17f-2(c)), under the Securities Exchange Act of 1934 
(15 U.S.C. 78a et seq.).
    Rule 17f-2(c) allows persons required to be fingerprinted pursuant 
to Section 17(f)(2) of the Act to submit their fingerprints to the 
Attorney General of the United States or its designee (i.e., the 
Federal Bureau of Investigation (``FBI'')) through a registered 
national securities exchange or a registered national securities 
association (collectively, also known as ``self-regulatory 
organizations'' or ``SROs'') pursuant to a fingerprint plan filed with, 
and declared effective by, the Commission. Fingerprint plans have been 
approved for the American, Boston, Chicago, New York, and Philadelphia 
stock exchanges and for the Financial Industry Regulatory Authority 
(``FINRA'') and the Chicago Board Options Exchange. Currently, the bulk 
of the fingerprints are submitted through FINRA.
    It is estimated that 3,900 respondents submit approximately 281,804 
sets of fingerprints (consisting of approximately 253,721 electronic 
sets and 28,083 hard copy sets) to SROs on an annual basis. The 
Commission

[[Page 9404]]

estimates that it would take approximately 15 minutes to create and 
submit each fingerprint card. The total time burden is therefore 
estimated to be approximately 70,451 hours, or approximately 18 hours 
per respondent, annually.
    In addition, the SROs charge an estimated $26 fee for processing 
fingerprint cards submitted electronically, resulting in a total annual 
cost to all 3,900 respondents of approximately $6,596,746, or 
approximately $1,691 per respondent per year. The SROs charge an 
estimated $41 fee for processing fingerprint cards submitted in hard 
copy, resulting in a total annual cost to all 3,900 respondents of 
approximately $1,151,403, or approximately $295 per respondent per 
year. The combined annual cost to all respondents is thus approximately 
$7,748,149.
    Because the FBI will not accept fingerprint cards directly from 
submitting organizations, Commission approval of fingerprint plans from 
certain SROs is essential to carry out the Congressional goal to 
fingerprint securities industry personnel. Filing these plans for 
review assures users and their personnel that fingerprint cards will be 
handled responsibly and with due care for confidentiality.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information under the PRA unless it 
displays a currently valid OMB control number.
    The public may view background documentation for this information 
collection at the following website: www.reginfo.gov. Find this 
particular information collection by selecting ``Currently under 30-day 
Review--Open for Public Comments'' or by using the search function. 
Written comments and recommendations for the proposed information 
collection should be sent within 30 days of publication of this notice 
to (i) www.reginfo.gov/public/do/PRAMain and (ii) David Bottom, 
Director/Chief Information Officer, Securities and Exchange Commission, 
c/o Cynthia Roscoe, 100 F Street NE, Washington, DC 20549, or by 
sending an email to: PRA_Mailbox@sec.gov.

    Dated: February 9, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-02959 Filed 2-11-21; 8:45 am]
BILLING CODE 8011-01-P