Document ID: SEC-2009-1494-0001
Agency: sec
Document Type: Notice
Title: Submission for OMB Review; Comment Request
Posted Date: 2009-10-21T04:00Z

[Federal Register: October 21, 2009 (Volume 74, Number 202)]
[Notices]               
[Page 54111]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21oc09-109]                         

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Rule 17f-2(a); OMB Control No. 3235-0034; SEC File No. 270-34]

 
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.

    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 existing 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'').
    Rule 17f-2 (17 CFR 240.17f-2) under the Securities Exchange Act of 
1934 (15 U.S.C. 78a et seq.) 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 exchanges, broker, dealers, transfer agents, and clearing agencies 
are included. Fingerprint cards submitted under Rule 17f-2(a) must be 
retained for a period of not less than three years after termination of 
the person's employment relationship with the organization. Fingerprint 
cards submitted according to Rule 17f-2(a) will not be kept 
confidential. It is estimated that approximately 10,000 respondents 
will submit fingerprint cards. It is also estimated that each 
respondent will submit 55 fingerprint cards. The staff 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.
    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 should be directed to: (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 send an e-mail 
to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 
days of this notice.

    Dated: October 14, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9-25207 Filed 10-20-09; 8:45 am]

BILLING CODE 8011-01-P