Document ID: SEC-2006-0229-0001
Agency: sec
Document Type: Notice
Title: Agency information collection activities; proposals, submissions, and approvals
Posted Date: 2006-02-23T05:00Z

[Federal Register: February 23, 2006 (Volume 71, Number 36)]
[Notices]               
[Page 9385-9386]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr23fe06-96]                         

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

 
Submission for OMB Review; Comment Request

Upon Written Request, Copies Available from: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, DC 
20549.

Extension:
    Rule 12f-1; SEC File No. 270-139; OMB Control No. 3235-0128.

    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 requests for extension of the previously approved collection 
of information discussed below.
     Applications for permission to reinstate unlisted trading 
privileges.
    Rule 12f-1 under the Securities Exchange Act of 1934 (the 
``Rule''), originally adopted in 1934 pursuant to Section 12(f) and 
23(a) of the Act and as modified in 1995, sets forth the information 
which an exchange must include in an application to reinstate its 
ability to extend unlisted trading privileges to any security for which 
such unlisted trading privileges have been suspended by the Commission, 
pursuant to Section 12(f)(2)(A) of the Act. An application must provide 
the name of the issuer, the title of the security, the name of each 
national securities exchange, if any, on which the security is listed 
or admitted to unlisted trading privileges, whether the transaction 
information concerning such security is reported pursuant to an 
effective transaction reporting plan contemplated by Rule 601 under the 
Act, the date of the Commission's suspension of unlisted trading 
privileges in the security on the exchange, and any other pertinent 
information. Rule 12f-1 further requires a national securities exchange 
seeking to reinstate its ability to extend unlisted trading privileges 
to a security to indicate that it has provided a copy of such 
application to the issuer of the security, as well as to any other 
national securities exchange on which the security is listed or 
admitted to unlisted trading privileges.
    The information required by Rule 12f-1 enables the Commission to 
make the necessary findings under the Act prior to granting 
applications to reinstate unlisted trading privileges. This information 
is also made available to members of the public who may wish to comment 
upon the applications. Without the Rule, the Commission would be unable 
to fulfill these statutory responsibilities.
    There are currently eight national securities exchange subject to 
Rule 12f-1. The burden of complying with Rule 12f-1 arises when a 
potential respondent seeks to reinstate its ability to extend unlisted 
trading privileges to any security for which unlisted trading 
privileges have been suspended by the Commission, pursuant to Section 
12(f)(2)(A) of the Act. The staff estimates that each application would 
require approximately one hour to complete. Thus each potential 
respondent would incur on average one burden hour in complying with the 
Rule.
    The Commission staff estimates that there could be as many as eight 
responses annually and that each respondent's related cost of 
compliance with Rule 12f-1 would be $53.55, or, the cost of one hour of 
professional work needed to complete the application. The total annual 
related reporting cost for all potential respondents, therefore, is 
$428.40 (8 responses x $53.55/response).
    Compliance with Rule 12f-1 is mandatory. Rule 12f-1 does not have a 
record retention requirement per se. However, responses made pursuant 
to Rule 12f-1 are subject to the recordkeeping requirements of Rules 
17a-3 and 17a-4 of the Act. Information received in response to Rule 
12f-1 shall not be kept confidential; the information collected is 
public information.
    An agency may not conduct or sponsor, a person is not required to 
respond to, a collection of information unless it displays a currently 
valid control number.
    Written comments regarding the above information should be directed 
to the following persons: (i) Desk Officer for the Securities and 
Exchange

[[Page 9386]]

Commission, Office of Information and Regulatory Affairs, Office of 
Management and Budget, Room 10102, New Executive Office Building, 
Washington, DC 20503 or by sending an e-mail to: 
David_Rostker@omb.eop.gov; and (ii) R. Corey Booth, Director/Chief 

Information Officer, Office of Information Technology, Securities and 
Exchange Commission, Station Place, 100 F Street, NE., Washington, DC 
20549. Comments must be submitted to Office of Management and Budget 
within 30 days of this notice.

    Dated: February 15, 2006.
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. 06-1667 Filed 2-22-06; 8:45 am]

BILLING CODE 8010-01-M