Document ID: SEC-2007-1272-0001
Agency: sec
Document Type: Notice
Title: Agency information collection activities; proposals, submissions, and approvals
Posted Date: 2007-09-13T04:00Z

[Federal Register: September 13, 2007 (Volume 72, Number 177)]
[Notices]               
[Page 52399-52400]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr13se07-86]                         

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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 6h-1, SEC File No. 270-497, OMB Control No. 3235-0555.

    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.
    The Securities Exchange Act of 1934 (15 U.S.C. 78a) (``Act'') 
requires national securities exchanges and national securities 
associations that trade security futures products to establish listing 
standards that, among other things, require: (1) Trading in such 
products not be readily susceptible to price manipulation; and (2) the 
market trading a security futures product to have in place procedures 
to coordinate trading halts with the listing market for the security or 
securities underlying the security futures product. Rule 6h-1 under the 
Act (17 CFR 240.6h-1) implements these statutory requirements and 
requires national securities exchanges and national securities 
associations that trade security futures products: (1) To use final 
settlement prices for cash-settled security futures that fairly reflect 
the opening price of the underlying security or securities; and (2) to 
have rules providing that the trading of a security futures product 
based on a single security shall be halted at all times that a 
regulatory halt has been instituted for

[[Page 52400]]

the underlying security, and that the trading of a security futures 
product based on a narrow-based security index shall be halted at all 
times that a regulatory halt has been instituted for one or more of the 
underlying securities that constitute 50 percent or more of the market 
capitalization of the narrow-based security index.
    It is estimated that approximately seventeen respondents will incur 
an average burden of ten hours per year to comply with this rule, for a 
total burden of 170 hours. At an average cost per hour of approximately 
$197, the resultant total cost of compliance for the respondents is 
$33,490 per year (seventeen entities x ten hours/entity x $197/hour = 
$33,490).
    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: 
Alexander_T._Hunt@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: September 6, 2007.
Florence E. Harmon,
Deputy Secretary.
 [FR Doc. E7-18081 Filed 9-12-07; 8:45 am]

BILLING CODE 8010-01-P