Document ID: SEC-2007-0959-0001
Agency: sec
Document Type: Notice
Title: Agency information collection activities; proposals, submissions, and approvals
Posted Date: 2007-07-17T04:00Z

[Federal Register: July 17, 2007 (Volume 72, Number 136)]
[Notices]               
[Page 39094-39095]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr17jy07-76]                         

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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 Filings and Information Services, Washington, DC 
20549.

Extension:
    Rule 19h-1; SEC File No. 270-247; OMB Control No. 3235-0259.

    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 extension of the previously approved collection of 
information discussed below.
     Rule 19h-1 (17 CFR 240.19h-1): SRO notification of 
admission and/or continuance despite statutory disqualification.
    Rule 19h-1 (``Rule'') under the Securities Exchange Act of 1934 (15

[[Page 39095]]

U.S.C. 78a et seq.) prescribes the form and content of notices and 
applications by self-regulatory organizations (``SROs'') regarding 
proposed admissions to, or continuances in, membership, participation 
or association with a member of any person subject to a statutory 
disqualification.
    The Commission uses the information provided in the submissions 
filed pursuant to Rule 19h-1 to review decisions by SROs to permit the 
entry into or continuance in the securities business of persons who 
have committed serious misconduct. The filings submitted pursuant to 
the Rule also permit inclusion of an application to the Commission for 
consent to associate with a member of an SRO notwithstanding a 
Commission order barring such association.
    The Commission reviews filings made pursuant to the Rule to 
ascertain whether it is in the public interest to permit the employment 
in the securities business of persons subject to statutory 
disqualification. The filings contain information that is essential to 
the staff's review and ultimate determination on whether an association 
or employment is in the public interest and consistent with investor 
protection.
    It is estimated that approximately 5 respondents will make 
submissions pursuant to this rule annually and that they each will make 
5 responses, for a total burden of 200 hours, based upon past 
submissions (25 x 8 = 200). The staff estimates that the average number 
of hours necessary to complete a submission pursuant to Rule 19h-1 is 8 
hours. The average cost per hour for completion of a submission is 
approximately $101. Therefore, the total cost of compliance for the 
respondents is $20,200. (25 responses x 8 hours per response x $101 per 
hour).
    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.
    General comments regarding the estimated burden hours 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 send 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 to OMB within 30 days 

of this notice.

    Dated: July 9, 2007.
Florence E. Harmon,
Deputy Secretary.
 [FR Doc. E7-13746 Filed 7-16-07; 8:45 am]

BILLING CODE 8010-01-P