Document ID: SEC-2022-1427-0002
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2023-01-09T05:00Z

[Federal Register Volume 88, Number 5 (Monday, January 9, 2023)]
[Notices]
[Pages 1302-1303]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-00133]

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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-646, OMB Control No. 3235-0695]

Submission for OMB Review; Comment Request; Extension: Rule 17Ad-
22

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 
20549-2736

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (``PRA'') (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') has submitted to the Office of Management 
and Budget (``OMB'') a request for approval of extension of the 
previously approved collection of information provided for in Rule 
17Ad-22 (17 CFR 240.17Ad-22) under the Securities Exchange Act of 1934 
(``Exchange Act'') (15 U.S.C. 78a et seq.).
    Rule 17Ad-22 was adopted to strengthen the substantive regulation 
of clearing agencies, promote the safe and reliable operation of 
covered clearing agencies, and improve efficiency, transparency, and 
access to covered clearing agencies.\1\ Rule 17Ad-22, which consists of 
paragraphs (a)(1) through (e)(23), requires a registered clearing 
agency to establish, implement, maintain and enforce written policies 
and procedures reasonably designed to address a number of topics, 
including governance, operations, and risk management. In particular, 
Rule 17Ad-22(e) includes requirements for covered clearing agencies, 
defined as registered clearing agencies that provide the services of a 
central counterparty or central securities depository; Rule 17Ad-22(d) 
includes requirements for all registered clearing agencies that are not 
covered clearing agencies; and Rules 17Ad-22(b) and (c) include certain 
other requirements for clearing agencies that perform central 
counterparty services. There are a number of collections of information 
contained in Rules 17Ad-22(b) through (e). The information collected in 
these provisions is necessary to assist the Commission in monitoring 
clearing agencies and carrying out the mandates of the Exchange Act, as 
amended by the Dodd-Frank Act, as well as the Clearing Supervision Act. 
The total estimated annual time burden of Rule 17Ad-22 is

[[Page 1303]]

8,532 hours, and the total estimated annual cost burden is $14,041,280.
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    \1\ See 17 CFR 240.17Ad-22; see also Exchange Act Release No. 
34-68080 (Oct. 22, 2012), 77 FR 66219, 66225-26 (Nov. 2, 2012).
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    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information under the PRA unless it 
displays a currently valid OMB control number.
    The public may view background documentation for this information 
collection at the following website: www.reginfo.gov. Find this 
particular information collection by selecting ``Currently under 30-day 
Review--Open for Public Comments'' or by using the search function. 
Written comments and recommendations for the proposed information 
collection should be sent by February 8, 2023 to (i) www.reginfo.gov/public/do/PRAMain and (ii) David Bottom, Director/Chief Information 
Officer, Securities and Exchange Commission, c/o John Pezzullo, 100 F 
Street NE, Washington, DC 20549, or by sending an email to: 
[email protected].

    Dated: January 3, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-00133 Filed 1-6-23; 8:45 am]
BILLING CODE 8011-01-P