Document ID: SEC-2007-1597-0001
Agency: sec
Document Type: Notice
Title: Agency information collection activities; proposals, submissions, and approvals
Posted Date: 2007-11-27T05:00Z

[Federal Register: November 27, 2007 (Volume 72, Number 227)]
[Notices]               
[Page 66202]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr27no07-119]                         

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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 
20549-0213

Extension: Rule 203-3, Form ADV-H; SEC File No. 270-481; OMB Control 
No. 3235-0538

    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.
    The title for the collection of information is ``Rule 203-3 and 
Form ADV-H under the Investment Advisers Act of 1940.'' Rule 203-3 (17 
CFR 275.203-3) under the Investment Advisers Act of 1940 (15 U.S.C. 
80b) establishes procedures for an investment adviser to obtain a 
hardship exemption from the electronic filing requirements of the 
Investment Advisers Act. Rule 203-3 requires every person requesting a 
hardship exemption to file Form ADV-H (17 CFR 279.3) with the 
Commission. The purpose of this collection of information is to permit 
advisers to obtain a hardship exemption, on a continuing or temporary 
basis, to not complete an electronic filing. The temporary hardship 
exemption permits advisers to make late filings due to unforeseen 
computer or software problems, while the continuing hardship exemption 
permits advisers to submit all required electronic filings on hard copy 
for data entry by the operator of the IARD.
    The respondents to the collection of information are all investment 
advisers that are registered with the Commission. The Commission has 
estimated that compliance with the requirement to complete Form ADV-H 
imposes a total burden of approximately 1 hour for an adviser. Based on 
our experience with hardship filings, we estimate that we will receive 
11 Form ADV-H filings annually. Based on the 60 minute per respondent 
estimate, the Commission estimates a total annual burden of 11 hours 
for this collection of information.
    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.
    Please 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.

    Dated: November 19, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-23002 Filed 11-26-07; 8:45 am]

BILLING CODE 8011-01-P