Document ID: SEC-2019-0448-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2019-04-11T04:00Z

[Federal Register Volume 84, Number 70 (Thursday, April 11, 2019)]
[Notices]
[Page 14708]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-07202]

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SECURITIES AND EXCHANGE COMMISSION

Proposed Collection; 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 19d-3, SEC File No. 270-245, OMB Control No. 3235-0204

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.) (``PRA''), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the existing 
collection of information provided for in Rule 19d-3 (17 CFR 240.19d-3) 
under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) 
(``Exchange Act''). The Commission plans to submit this existing 
collection of information to the Office of Management and Budget 
(``OMB'') for extension and approval.
    Rule 19d-3 prescribes the form and content of applications to the 
Commission by persons seeking Commission review of final disciplinary 
actions against them taken by self-regulatory organizations (``SROs'') 
for which the Commission is the appropriate regulatory agency. The 
Commission uses the information provided in the application filed 
pursuant to Rule 19d-3 to review final actions taken by SROs including: 
(1) Final disciplinary sanctions; (2) denial or conditioning of 
membership, participation or association; and (3) prohibitions or 
limitations of access to services offered by a SRO or member thereof.
    It is estimated that approximately 40 respondents will utilize this 
application procedure annually. This figure is based upon past 
submissions. It is estimated that each respondent will submit 
approximately one response. The staff estimates that the average number 
of hours necessary to comply with the requirements of Rule 19d-3 will 
be approximately eighteen hours. We estimate that approximately 25 
firms or natural persons would draft the applications themselves for an 
aggregate annual hourly burden of 450 (25 x 18), and that 15 would hire 
outside counsel, at a cost of $7,218 per submission, for an aggregate 
annual dollar cost burden of $108,270 (15 x $7,218).
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the Commission, including whether the information 
shall have practical utility; (b) the accuracy of the Commission's 
estimates of the burden of the proposed collection of information; (c) 
ways to enhance the quality, utility and clarity of the information 
collected; and (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology. 
Consideration will be given to comments and suggestions submitted in 
writing within 60 days of this publication.
    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.
    Please direct your written comments to: Charles Riddle, Acting 
Director/Chief Information Officer, Securities and Exchange Commission, 
c/o Candace Kenner, 100 F Street NE, Washington, DC 20549 or send an 
email to: [email protected].

    Dated: April 8, 2019.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019-07202 Filed 4-10-19; 8:45 am]
BILLING CODE 8011-01-P