Document ID: SEC-2017-0775-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2017-05-15T04:00Z

[Federal Register Volume 82, Number 92 (Monday, May 15, 2017)]
[Notices]
[Page 22357]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-09728]

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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-564, OMB Control No. 3235-0628]

Proposed Collection; Comment Request

    Upon Written Request, Copies Available From: Securities and 
Exchange Commission, Office of FOIA Services, 100 F Street NE., 
Washington, DC 20549-0213.

Extension:
    Rule 17g-2.

    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 existing 
collection of information provided for in Rule 17g-2 (17 CFR 240.17g-2) 
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 17g-2, ``Records to be made and retained by nationally 
recognized statistical rating organizations,'' implements the 
Commission's recordkeeping rulemaking authority under Section 17(a) of 
the Exchange Act.\1\ The rule requires a Nationally Recognized 
Statistical Rating Organization (``NRSRO'') to make and retain certain 
records relating to its business and to retain certain other business 
records, if such records are made. The rule also prescribes the time 
periods and manner in which all these records must be retained. There 
are 10 credit rating agencies registered with the Commission as NRSROs 
under section 15E of the Exchange Act, which have already established 
the record keeping policies and procedures required by Rule 17g-2. 
Based on staff experience, NRSROs are estimated to spend a total 
industry-wide burden of 2,390 annual hours to make and retain the 
appropriate records. 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 on respondents; 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.
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    \1\ 15 U.S.C. 78q.
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    The Commission may not conduct or sponsor a collection of 
information unless it displays a currently valid control number. No 
person shall be subject to any penalty for failing to comply with a 
collection of information subject to the PRA that does not display a 
valid OMB control number.
    Please direct your written comments to: Pamela Dyson, Director/
Chief Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 100 F St. NE., Washington, DC 20549 or send an email to: 
PRA_Mailbox@sec.gov.

    Dated: May 10, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-09728 Filed 5-12-17; 8:45 am]
BILLING CODE 8011-01-P