Document ID: SEC-2009-1175-0001
Agency: sec
Document Type: Notice
Title: Proposed Extension of Existing Collection; Comment Request
Posted Date: 2009-08-19T04:00Z

[Federal Register: August 19, 2009 (Volume 74, Number 159)]
[Notices]               
[Page 41948-41949]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr19au09-96]                         

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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 Investor Education and Advocacy, Washington, DC 
20549-0213.

Extension: Rule 17f-2(a), OMB Control No. 3235-0034, SEC File No. 
270-34.

    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 provided for in Rule 17f-2(a) (17 CFR 240.17f-2(a) 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 for extension and 
approval.
    Rule 17f-2(a) requires that securities professionals be 
fingerprinted. This requirement serves to identify security risk 
personnel, to allow an employer to make fully informed employment 
decisions, and to deter possible wrongdoers from seeking employment in 
the securities industry. Partners, directors, officers, and employees 
of

[[Page 41949]]

exchanges, brokers, dealers, transfer agents, and clearing agencies are 
included.
    It is estimated that 10,000 respondents will submit fingerprint 
cards. It is also estimated that each respondent will submit 55 
fingerprint cards. The staff of the Commission estimates that the 
average number of hours necessary to comply with the Rule 17f-2(a) is 
one-half hour. The total burden is 275,000 hours for respondents. The 
average cost per hour is approximately $50. Therefore, the total cost 
of compliance for respondents is $13,750,000.
    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 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: August 10, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9-19891 Filed 8-18-09; 8:45 am]

BILLING CODE 8010-01-P