Document ID: SEC-2005-0433-0001
Agency: sec
Document Type: Notice
Title: Agency information collection activities; proposals, submissions, and approvals
Posted Date: 2005-12-22T05:00Z

[Federal Register: December 22, 2005 (Volume 70, Number 245)]
[Notices]               
[Page 76084-76085]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr22de05-98]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Proposed Collection; Comment Request

Upon Written Request, Copies Available from: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, DC 
20549.

Extension:
    Rule 12f-3; SEC File No. 270-141; OMB Control No. 3235-0249.

    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 the 
existing collection of information to the Office of Management and 
Budget for extension and approval.

 Termination or Suspension of Unlisted Trading Privileges

    Rule 12f-3 (the ``Rule''), which was originally adopted in 1934 
pursuant to sections 12(f) and 23(a) of the Act, as modified in 1995, 
prescribes the information which must be included in applications for 
and notices of termination or suspension of unlisted trading privileges 
for a security as contemplated in section 12(f)(4) of the Act. An 
application must provide, among other things, the name of the 
applicant; a brief statement of the applicant's interest in the 
question of termination or suspension of such unlisted trading 
privileges; the title of the security; the name of the issuer; certain 
information regarding the size of the class of security and its recent 
trading history; and a statement indicating that the applicant has 
provided a copy of such application to the exchange from which the 
suspension or termination of unlisted trading privileges are sought, 
and to any other exchange on which the security is listed or admitted 
to unlisted trading privileges.
    The information required to be included in applications submitted 
pursuant to Rule 12f-3, is intended to provide the Commission with 
sufficient information to make the necessary findings under the Act to 
terminate or suspend by order the unlisted trading privileges granted a 
security on a national securities exchange. Without the Rule, the 
Commission would be unable to fulfill these statutory responsibilities.
    The burden of complying with Rule 12f-3 arises when a potential 
respondent, having a demonstrable bona fide interest in the question of 
termination or suspension of the unlisted trading privileges of a 
security, determines to seek such termination or suspension. The staff 
estimates that each such application to terminate or suspend unlisted 
trading privileges requires approximately one hour to complete. Thus 
each potential respondent would incur on average one burden hour in 
complying with the Rule.
    The Commission staff estimates that there could be as many as ten 
responses annually and that each respondent's related cost of 
compliance with Rule 12f-3 would be $53.55, or, the cost of one hour of 
professional work needed to complete the application. The total annual 
related reporting cost for all potential respondents, therefore, is 
$535.50 (10 responses x $53.55/response).

[[Page 76085]]

    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information shall 
have practical utility; (b) the accuracy of the Commission's estimate 
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.
    Direct your written comments to R. Corey Booth, Director/Chief 
Information Officer, Office of Information Technology, Securities and 
Exchange Commission, Station Place, 100 F Street, NE., Washington, DC 
20549.

    Dated: December 12, 2005.
Jonathan G. Katz,
Secretary.
 [FR Doc. E5-7672 Filed 12-21-05; 8:45 am]

BILLING CODE 8010-01-P