Document ID: SEC-2010-0698-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2010-05-11T04:00Z

[Federal Register: May 11, 2010 (Volume 75, Number 90)]
[Notices]               
[Page 26297]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr11my10-132]                         

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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 31; SEC File No. 270-537; OMB Control No. 3235-0597.

    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.
    Section 31 of the Securities Exchange Act of 1934 (15 U.S.C. 78ee.) 
(``Exchange Act'') requires the Commission to collect fees and 
assessments from national securities exchanges and national securities 
associations (collectively, ``self-regulatory organizations'' or 
``SROs'') based on the volume of their securities transactions. To 
collect the proper amounts, the Commission adopted Rule 31 (17 CFR 
240.31) and Form R31 (17 CFR 249.11) under the Exchange Act whereby the 
SROs must report to the Commission the volume of their securities 
transaction and the Commission, based on that data, calculates the 
amount of fees and assessments that the SROs owe pursuant to Section 
31. Rule 31 and Form R31 require the SROs to provide this data on a 
monthly basis.
    The Commission estimates that each respondent makes 12 such filings 
on an annual basis at an average hourly burden of approximately 1.47 
hours per response. Currently, there are 16 respondents. However, based 
on past experience, the Commission is estimating an increase to 18 
respondents, including 13 national securities exchanges, two security 
futures exchanges, and one national securities association subject to 
the collection of information requirements of Rule 31 and two 
registered clearing agencies are required to provide certain data in 
their possession needed by the SROs to complete Form R31. The 
Commission estimates that the total burden for all 18 respondents is 
318 hours (12 filings/respondent per year x 1.47 hours/filing x 18 
respondents = 317.52, rounded to 318 hours) per year.
    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 regarding the above information 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 by sending an e-mail to: Shagufta_
Ahmed@omb.eop.gov; and (ii) Charles Boucher, 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 the Office 
of Management and Budget within 30 days of this notice.

    Dated: May 5, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-11098 Filed 5-10-10; 8:45 am]
BILLING CODE 8010-01-P