Notice2021-24423
Proposed Collection; Comment Request
Primary source
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Published
November 9, 2021
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 86 Issue 214 (Tuesday, November 9, 2021)</title>
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[Federal Register Volume 86, Number 214 (Tuesday, November 9, 2021)]
[Notices]
[Page 62234]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-24423]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-034, OMB Control No. 3235-0034]
Proposed Collection; 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 17f-2(a)
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'') is soliciting comments on 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.). The Commission plans to submit this existing collection of
information to the Office of Management and Budget (``OMB'') for
extension and approval.
Rule 17f-2(a) (Fingerprinting Requirements for Securities
Professionals) 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, brokers,
dealers, transfer agents, and clearing agencies are included.
The Commission staff estimates that approximately 4,480 respondents
will submit an aggregate total of 289,780 new fingerprint cards each
year or approximately 65 fingerprint cards per year per registrant. The
staff estimates that the average number of hours necessary to complete
a fingerprint card is one-half hour. Thus, the total estimated annual
burden is 144,890 hours for all respondents (289,780 times one-half
hour). The average internal cost of compliance per hour is
approximately $283. Therefore, the total estimated annual internal cost
of compliance for all respondents is $41,003,870 (144,890 times $283).
This rule does not involve the collection of confidential
information.
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
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.
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.
Please direct your written comments to: David Bottom, Director/
Chief Information Officer, Securities and Exchange Commission, c/o John
R. Pezzullo, 100 F Street NE, Washington, DC 20549, or send an email
to: <a href="/cdn-cgi/l/email-protection#530301120c1e323a3f313c2b132036307d343c25"><span class="__cf_email__" data-cfemail="6c3c3e2d33210d05000e03142c1f090f420b031a">[email protected]</span></a>.
Dated: November 3, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-24423 Filed 11-8-21; 8:45 am]
BILLING CODE 8011-01-P
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