Document ID: SEC-2015-0749-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2015-05-04T04:00Z

[Federal Register Volume 80, Number 85 (Monday, May 4, 2015)]
[Notices]
[Page 25341]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-10285]

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SECURITIES AND EXCHANGE COMMISSION

Submission for OMB Review; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE., Washington, DC 
20549-2736.

Extension:
    Rule 17Ac2-2 and Form TA-2, SEC File No. 270-298, OMB Control 
No. 3235-0337.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (``PRA'') (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') has submitted to the Office of Management 
and Budget (``OMB'') a request for approval of the existing collection 
of information provided for in Rule 17Ac2-2 (17 CFR 240.17Ac2-2) and 
Form TA-2 under the Securities Exchange Act of 1934 (15 U.S.C. 78a et 
seq.) (``Exchange Act'').
    Rule 17Ac2-2 and Form TA-2 under the Exchange Act require transfer 
agents to file an annual report of their business activities with the 
Commission. These reporting requirements are designed to ensure that 
all registered transfer agents are providing the Commission with 
sufficient information on an annual basis about the transfer agent 
community and to permit the Commission to effectively monitor business 
activities of transfer agents.
    The amount of time needed to comply with the requirements of 
amended Rule 17Ac2-2 and Form TA-2 varies. Of the total 429 registered 
transfer agents, approximately 9.1% (or 39 registrants) would be 
required to complete only questions 1 through 3 and the signature 
section of amended Form TA-2, which the Commission estimates would take 
each registrant approximately 30 minutes, for a total burden of 19.5 
hours (39 x .5 hours). Approximately 26.7% of registrants (or 115 
registrants) would be required to answer questions 1 through 5, 
question 11 and the signature section, which the Commission estimates 
would take approximately 1 hour and 30 minutes, for a total of 172.5 
hours (115 x 1.5 hours). Approximately 64.2% of the registrants (or 275 
registrants) would be required to complete the entire Form TA-2, which 
the Commission estimates would take approximately 6 hours, for a total 
of 1,650 hours (275 x 6 hours). The aggregate annual burden on all 429 
registered transfer agents is thus approximately 1,842 hours (19.5 
hours + 172.5 hours + 1,650 hours) and the average annual burden per 
transfer agent is approximately 4.3 hours (1,842 / 429).
    This rule does not involve the collection of confidential 
information.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information under the PRA unless it 
displays a currently valid OMB control number.
    The public may view background documentation for this information 
collection at the
    following Web site: www.reginfo.gov. 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 email to: Shagufta_Ahmed@omb.eop.gov; and (ii) Pamela Dyson, 
Director/Chief Information Officer, Securities and Exchange Commission, 
c/o Remi Pavlik-Simon, 100 F Street NE., Washington, DC 20549, or by 
sending an email to: PRA_Mailbox@sec.gov. Comments must be submitted to 
OMB within 30 days of this notice.

    Dated: April 28, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-10285 Filed 5-1-15; 8:45 am]
BILLING CODE 8011-01-P