Document ID: SEC-2006-0917-0001
Agency: sec
Document Type: Notice
Title: Agency information collection activities; proposals, submissions, and approvals
Posted Date: 2006-07-20T04:00Z

[Federal Register: July 20, 2006 (Volume 71, Number 139)]
[Notices]               
[Page 41282-41283]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr20jy06-91]                         

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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 17Ac2-2; SEC File No. 270-298; OMB Control No. 3235-
0337; Form TA-2; SEC File No. 270-298; OMB Control No. 3235-0337.

    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 17Ac2-2 and Form TA-2; OMB Control No. 3235-0337; SEC File No. 
270-298

    Rule 17Ac2-2 (17 CFR 240.17Ac2-2) and Form TA-2 (15 CFR 249b.102) 
under the Securities Exchange Act of 1934 (17 U.S.C. 78a et seq.) 
require transfer agents to file an annual report of their business 
activities with the Commission. The amount of time needed to comply 
with the requirements of Rule 17Ac2-2 and Form TA-2 varies. From the 
total 786 registered transfer agents, approximately 197 registrants 
would be required to complete only Questions 1 through 4 and the 
signature section of amended Form TA-2, which we estimate would take 
each registrant about 30 minutes, for a total burden of 99 hours (197 x 
.5 hours). Approximately 262 registrants would be required to answer 
Questions 1 through 5, 10, and 11 and the signature section, which we 
estimate would take about 1 hour and 30 minutes, for a total of 393 
hours (262 x 1.5 hours). The remaining registrants, approximately 327, 
would be required to complete the entire Form TA-2, which we estimate 
would take about 6 hours, for a total of 1,962 hours (327 x 6 hours). 
We estimate that the total burden would be 2,454 hours (99 hours + 393 
hours + 1,962 hours).
    We estimate that the total cost of reviewing and entering the 
information reported on the Forms TA-2 for respondents is $31.50 per 
hour. The Commission estimates that the total cost would be $77,301.00 
annually ($31.50 x 2,454).
    Rule 17Ac2-2 does not involve the collection of confidential 
information. Please note that 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) David Rostker, Desk Officer for 
the

[[Page 41283]]

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, 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: June 29, 2006
J. Lynn Taylor,
Assistant Secretary.
 [FR Doc. E6-11498 Filed 7-19-06; 8:45 am]

BILLING CODE 8010-01-P