Document ID: SEC-2007-0281-0001
Agency: sec
Document Type: Notice
Title: Agency information collection activities; proposals, submissions, and approvals
Posted Date: 2007-02-23T05:00Z

[Federal Register: February 23, 2007 (Volume 72, Number 36)]
[Notices]               
[Page 8207]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr23fe07-93]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Proposed Collection; Comment Request

Upon written request, copies available from: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, DC 
20549.

Extension: Rule 15c3-1f, SEC File No. 270-440, OMB Control No. 3235-
0496.

    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 on the following rule: 
17 CFR 240.15c3-1f (Appendix F to Rule 15c3-1 (``Appendix F'')).
    Appendix F requires a broker-dealer choosing to register, upon 
Commission approval, as an OTC derivative dealer to develop and 
maintain an internal risk management system based on Value-at-Risk 
(``VAR'') models. Appendix F also requires the OTC derivatives dealer 
to notify Commission staff of the system and of certain other periodic 
information including when the VAR model deviates from the actual 
performance of the OTC derivatives dealer's portfolio. It is 
anticipated that five (5) broker-dealers will spend 1,000 hours per 
year complying with Appendix F. The total burden is estimated to be 
approximately 5,000 hours.
    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 will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of 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 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.
    Direct your written comments to R. Corey Booth, 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: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 
60 days of this notice.

    Dated: February 14, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-3027 Filed 2-22-07; 8:45 am]

BILLING CODE 8010-01-P