Notice2021-28431
Submission for OMB Review; Comment Request; Extension: Rule 17f-1(b)
Primary source
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Published
January 3, 2022
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 87 Issue 1 (Monday, January 3, 2022)</title>
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[Federal Register Volume 87, Number 1 (Monday, January 3, 2022)]
[Notices]
[Page 137]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-28431]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-028, OMB Control No. 3235-0032]
Submission for OMB Review; Comment Request; Extension: Rule 17f-
1(b)
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736
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 extension of the
previously approved collection of information provided for in Rule 17f-
1(b) (17 CFR 240.17f-1(b)), under the Securities Exchange Act of 1934
(15 U.S.C. 78a et seq.).
Under Rule 17f-1(b) under the Exchange Act, approximately 10,000
entities in the securities industry are registered in the Lost and
Stolen Securities Program (``Program''). Registration fulfills a
statutory requirement that entities report and inquire about missing,
lost, counterfeit, or stolen securities. Registration also allows
entities in the securities industry to gain access to a confidential
database that stores information for the Program.
The Commission staff estimates that 10 new entities will register
in the Program each year. The staff estimates that the average number
of hours necessary to comply with Rule 17f-1(b) is one-half hour.
Accordingly, the staff estimates that the total annual burden for all
participants is 5 hours (10 x one-half hour). The Commission staff
estimates that compliance staff work at subject entities results in an
internal cost of compliance, at an estimated hourly wage of $283, of
$141.50 per year per entity (.5 hours x $283 per hour = $141.50 per
year). Therefore, the aggregate annual internal cost of compliance is
approximately $1,415 ($141.50 x 10 = $1,415).
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 website: <a href="http://www.reginfo.gov">www.reginfo.gov</a>. Find this
particular information collection by selecting ``Currently under 30-day
Review--Open for Public Comments'' or by using the search function.
Written comments and recommendations for the proposed information
collection should be sent within 30 days of publication of this notice
to (i) <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a> and (ii) David Bottom,
Director/Chief Information Officer, Securities and Exchange Commission,
c/o John R. Pezzullo, 100 F Street NE, Washington, DC 20549, or by
sending an email to: <a href="/cdn-cgi/l/email-protection#29797b6876644840454b4651695a4c4a074e465f"><span class="__cf_email__" data-cfemail="99c9cbd8c6d4f8f0f5fbf6e1d9eafcfab7fef6ef">[email protected]</span></a>.
Dated: December 28, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-28431 Filed 12-30-21; 8:45 am]
BILLING CODE 8011-01-P
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