Document ID: SEC-2008-0963-0002
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2008-09-16T04:00Z

[Federal Register: September 16, 2008 (Volume 73, Number 180)]
[Notices]               
[Page 53456-53457]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr16se08-87]                         

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

SECURITIES AND EXCHANGE COMMISSION

 
Submission for OMB Review; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Investor Education and Advocacy, Washington, DC 
20549-0213

Extension:
    Rule 17f-2(c), SEC File No. 270-35, OMB Control No. 3235-0029

    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 of Rule 17f-2(c).
 Rule 17f-2(c) (17 CFR 240.17f-2(c))
    Rule 17f-2(c) allows persons required to be fingerprinted pursuant 
to Section 17(f)(2) of the Securities Exchange Act of 1934 to submit 
their fingerprints through a registered securities exchange or a 
national securities association in accordance with a plan submitted to 
and approved by the Commission. The Commission has approved such plans 
for several exchanges and for the Financial Industry Regulatory 
Authority, Inc. (``FINRA'').
    It is estimated that 5,984 respondents submit approximately 368,000 
fingerprint cards to exchanges or a national securities association on 
an annual basis. The Commission estimates that it would take 
approximately 15 minutes to create and submit each fingerprint card. 
The total reporting burden is therefore estimated to be 92,000 hours, 
or approximately 15 hours per respondent, annually. In addition, the 
exchanges and FINRA charge an estimated $30 fee for processing 
fingerprint cards, resulting in a total annual cost to all 5,984 
respondents of $11,040,000, or $1,845 per respondent per year.
    Because the Federal Bureau of Investigation will not accept 
fingerprint cards directly from submitting organizations, Commission 
approval of plans from certain exchanges and national securities 
associations is essential to the Congressional goal of fingerprint 
personnel in the security industry. The filing of these plans for 
review assures users and their personnel that fingerprint cards will be 
handled responsibly and with due care for confidentiality.
    Submission of fingerprint plans under Rule 17f-2(c) is mandatory 
for self-regulatory organizations. An agency

[[Page 53457]]

may not conduct or sponsor, and 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 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: Kimberly_
P._Nelson@omb.eop.gov; and (ii) Lewis W. Walker, Acting Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Shirley 
Martinson, 6432 General Green Way, Alexandria, Virginia 22312; or by 
sending an e-mail to: PRA_Mailbox@sec.gov. Comments must be submitted 
to OMB within 30 days of this notice.

    Dated: September 8, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8-21531 Filed 9-15-08; 8:45 am]

BILLING CODE 8010-01-P