Document ID: SEC-2007-1199-0001
Agency: sec
Document Type: Notice
Title: Agency information collection activities; proposals, submissions, and approvals
Posted Date: 2007-08-27T04:00Z

[Federal Register: August 27, 2007 (Volume 72, Number 165)]
[Notices]               
[Page 49028]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr27au07-86]                         

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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 17a-3(a)(16), SEC File No. 270-452, OMB Control No. 
3235-0508.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. Sec. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') has submitted to the Office of Management 
and Budget (``OMB'') a request for extension of the previously approved 
collection of information discussed below.
    Rule 17a-3(a)(16) (17 CFR 240.17a-3(a)(16)) under the Securities 
Exchange Act of 1934 (the ``Act'') (15 U.S.C. 78q et seq.) identifies 
the records required to be made by broker-dealers that operate internal 
broker-dealer systems. Those records are to be used in monitoring 
compliance with the Commission's financial responsibility program and 
antifraud and antimanipulative rules, as well as other rules and 
regulations of the Commission and the self-regulatory organizations. It 
is estimated that approximately 105 active broker-dealer respondents 
registered with the Commission incur an average burden of 2,835 hours 
per year (105 respondents multiplied by 27 burden hours per respondent 
equals 2,385 total burden hours) to comply with this rule. The average 
cost per hour is $197. Therefore the total cost of compliance for the 
respondents is $558,495.
    Rule 17a-3(a)(16) does not contain record retention requirements. 
Compliance with the rule is mandatory. The required records are 
available only to the examination staff of the Commission and the self-
regulatory organization of which the broker-dealer is a member. An 
agency 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.
    Comments should be directed to (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: 
David_Rostker@omb.eop.gov; and (ii) 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 within 30 
days of this notice.

    Dated: August 20, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-16880 Filed 8-24-07; 8:45 am]

BILLING CODE 8010-01-P