Document ID: SEC-2009-0662-0001
Agency: sec
Document Type: Notice
Title: Proposed Extension of Existing Collection; Comment Request
Posted Date: 2009-05-14T04:00Z

[Federal Register: May 14, 2009 (Volume 74, Number 92)]
[Notices]               
[Page 22766]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr14my09-73]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Proposed Extension of Existing Collection; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Investor Education and Advocacy, Washington, DC 
20549-0213.

Extension:
    Rule 17a-6; OMB Control No. 3235-0489; SEC File No. 270-433.

    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'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget for extension and approval.
    Rule 17a-6 (17 CFR 240.17a-6) under the Securities Exchange Act of 
1934 (15 U.S.C. 78a et seq.) permits national securities exchanges, 
national securities associations, registered clearing agencies, and the 
Municipal Securities Rulemaking Board (collectively, ``SROs'') to 
destroy or convert to microfilm or other recording media records 
maintained under Rule 17a-1, if they have filed a record destruction 
plan with the Commission and the Commission has declared such plan 
effective.
    There are currently 27 SROs: 17 national securities exchanges, 1 
national securities association, and 9 registered clearing agencies. Of 
the 27 SROs, 2 SRO respondents have filed a record destruction plan 
with the Commission. The staff calculates that the preparation and 
filing of a new record destruction plan should take 160 hours. Further, 
any existing SRO record destruction plans may require revision, over 
time, in response to, for example, changes in document retention 
technology, which the Commission estimates will take much less than the 
160 hours estimated for a new plan. Thus, the total annual compliance 
burden is estimated to be 60 hours per year. The approximate cost per 
hour is $305, resulting in a total cost of compliance for these 
respondents of $18,300 per year (30 hours @ $305 per hour).
    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 
estimate of the burden of the collection of information; (c) ways to 
enhance the quality, utility, and clarity of the information to be 
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.
    Comments should be directed to Charles Boucher, 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.

    Dated: May 7, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9-11170 Filed 5-13-09; 8:45 am]

BILLING CODE 8010-01-P