Document ID: SEC-2017-1530-0002
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2017-11-28T05:00Z

[Federal Register Volume 82, Number 227 (Tuesday, November 28, 2017)]
[Notices]
[Pages 56319-56320]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-25600]

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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-035, OMB Control No. 3235-0029]

Submission for OMB Review; Comment Request

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

Extension:
    Rule 17Ad-2(c), (d), and (h)

    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-2(c), (d), and (h), (17 CFR 240.17Ad-2(c), (d), and (h)), under 
the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.).
    Rule 17f-2(c) allows persons required to be fingerprinted pursuant 
to Section 17(f)(2) of the Act to submit their fingerprints to the 
Attorney General of the United States or its designee (i.e., the 
Federal Bureau of Investigation (``FBI'')) through a registered 
national securities exchange or a registered national securities 
association

[[Page 56320]]

(collectively, also known as ``self-regulatory organizations'' or 
``SROs'') pursuant to a fingerprint plan filed with, and declared 
effective by, the Commission. Fingerprint plans have been approved for 
the American, Boston, Chicago, New York, and Philadelphia stock 
exchanges and for the Financial Industry Regulatory Authority 
(``FINRA'') and the Chicago Board Options Exchange. Currently, the bulk 
of the fingerprints are submitted through FINRA.
    It is estimated that 4,200 respondents submit approximately 285,600 
sets of fingerprints (consisting of approximately 243,600 electronic 
sets and 42,000 hard copy sets) to SROs on an annual basis. The 
Commission estimates that it would take approximately 15 minutes to 
create and submit each fingerprint card. The total reporting burden is 
therefore estimated to be approximately 71,400 hours, or approximately 
15 hours per respondent, annually.
    In addition, the SROs charge an estimated $25.00 fee for processing 
fingerprint cards submitted electronically, resulting in a total annual 
cost to all 4,200 respondents of $6,090,000, or $1,450 per respondent 
per year. The SROs charge an estimated $40.00 fee for processing 
fingerprint cards submitted in hard copy, resulting in a total annual 
cost to all 4,200 respondents of approximately $1,680,000, or $400 per 
respondent per year. The combined annual cost to all respondents is 
thus $7,770,000.
    Because the FBI will not accept fingerprint cards directly from 
submitting organizations, Commission approval of fingerprint plans from 
certain SROs is essential to carry out the Congressional goal to 
fingerprint securities industry personnel. Filing these plans for 
review assures users and their personnel that fingerprint cards will be 
handled responsibly and with due care for confidentiality.
    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 Web site: www.reginfo.gov. 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 email to: 
[email protected]; and (ii) Pamela Dyson, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 100 F Street NE., Washington, DC 20549, or by sending an 
email to: [email protected]. Comments must be submitted to OMB within 
30 days of this notice.

    Dated: November 21, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-25600 Filed 11-27-17; 8:45 am]
 BILLING CODE 8011-01-P