Document ID: SEC-2007-0673-0001
Agency: sec
Document Type: Notice
Title: Agency information collection activities; proposals, submissions, and approvals
Posted Date: 2007-05-14T04:00Z

[Federal Register: May 14, 2007 (Volume 72, Number 92)]
[Notices]               
[Page 27154-27155]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr14my07-64]                         

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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 6a-4; SEC File No. 270-496; OMB Control No. 3235-
0554.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995,\1\ 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.
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    \1\ 44 U.S.C. 3501 et seq.
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    Section 6 of the Securities Exchange Act of 1934 (``Act'') \2\ sets 
out a framework for the registration and regulation of national 
securities exchanges. Under the Commodity Futures Modernization Act of 
2000, a

[[Page 27155]]

futures market may trade security futures products by registering as a 
national securities exchange. Rule 6a-4\3\ sets forth these 
registration procedures and directs futures markets to submit a notice 
registration on Form 1-N. Form 1-N calls for information regarding how 
the futures market operates, its rules and procedures, its criteria for 
membership, its subsidiaries and affiliates, and the security futures 
products it intends to trade. Rule 6a-4 also would require entities 
that have submitted an initial Form 1-N to file: (1) Amendments to Form 
1-N in the event of material changes to the information provided in the 
initial Form 1-N; (2) periodic updates of certain information provided 
in the initial Form 1-N; (3) certain information that is provided to 
the futures market's members; and (4) a monthly report summarizing the 
futures market's trading of security futures products. The information 
required to be filed with the Commission pursuant to Rule 6a-4 is 
designed to enable the Commission to carry out its statutorily mandated 
oversight functions and to ensure that registered and exempt exchanges 
continue to be in compliance with the Act.
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    \2\ 15 U.S.C. 78f.
    \3\ 17 CFR 240.6a-4.
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    The respondents to the collection of information are futures 
markets.
    The Commission estimates that the total annual burden for all 
respondents to provide the amendments and periodic updates under Rule 
6a-4 would be 105 hours (15 hours/respondent per year x seven 
respondents) and $10,066 ($1438/response x seven responses/year). The 
Commission estimates that the total annual burden for the filing of the 
supplemental information and the monthly reports required under Rule 
6a-4 would be 87.5 hours (25 filings/respondent x seven respondents x 
0.5 hours/response). The SEC estimates that the total annual cost for 
all supplemental filings would be $3675 (25 filings/respondent per year 
x seven respondents x $21/response).
    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 agency'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.
    Comments should be directed to: R. Corey Booth, 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. Comments must be submitted within 60 
days of this notice.

     Dated: May 7, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-9180 Filed 5-11-07; 8:45 am]

BILLING CODE 8010-01-P