Notice2022-00255
Submission for OMB Review; Comment Request; Extension: Rule 17f-2(a)
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 11, 2022
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 87 Issue 7 (Tuesday, January 11, 2022)</title>
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[Federal Register Volume 87, Number 7 (Tuesday, January 11, 2022)]
[Notices]
[Pages 1462-1463]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-00255]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-034, OMB Control No. 3235-0034]
Submission for OMB Review; Comment Request; Extension: Rule 17f-
2(a)
Upon Written Request, Copies Available From: Securities and Exchange
[[Page 1463]]
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 (44 U.S.C. 3501 et seq.) (``PRA''), 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-
2(a) (17 CFR 240.17f-2(a)), under the Securities Exchange Act of 1934
(15 U.S.C. 78a et seq.).
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.
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#f1a1a3b0aebc90989d939e89b1829492df969e87"><span class="__cf_email__" data-cfemail="cd9d9f8c9280aca4a1afa2b58dbea8aee3aaa2bb">[email protected]</span></a>.
Dated: January 5, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-00255 Filed 1-10-22; 8:45 am]
BILLING CODE 8011-01-P
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