Notice2022-13049
Submission for OMB Review; Comment Request Extension: Rule 19d-1
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
June 17, 2022
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 87 Issue 117 (Friday, June 17, 2022)</title>
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[Federal Register Volume 87, Number 117 (Friday, June 17, 2022)]
[Notices]
[Pages 36555-36556]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-13049]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-242, OMB Control No. 3235-0206]
Submission for OMB Review; Comment Request Extension: Rule 19d-1
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 (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 19d-
1 (17 CFR 240.19d-1) under the Securities Exchange Act of 1934 (17
U.S.C. 78a et seq.) (``Exchange Act'').
Rule 19d-1 prescribes the form and content of notices to be filed
with the Commission by self-regulatory organizations (``SROs'') for
which the Commission is the appropriate regulatory agency concerning
the following final SRO actions: (1) disciplinary actions with respect
to any person; (2) denial, bar, prohibition, or limitation of
membership, participation or association with a member or of access to
services offered by an SRO or
[[Page 36556]]
member thereof; (3) summarily suspending a member, participant, or
person associated with a member, or summarily limiting or prohibiting
any persons with respect to access to or services offered by the SRO or
a member thereof; and (4) delisting a security.
The Rule enables the Commission to obtain reports from the SROs
containing information regarding SRO determinations to delist a
security, discipline members or associated persons of members, deny
membership or participation or association with a member, and similar
adjudicated findings. The Rule requires that such actions be promptly
reported to the Commission. The Rule also requires that the reports and
notices supply sufficient information regarding the background, factual
basis and issues involved in the proceeding to enable the Commission:
(1) to determine whether the matter should be called up for review on
the Commission's own motion; and (2) to ascertain generally whether the
SRO has adequately carried out its responsibilities under the Exchange
Act.
It is estimated that approximately 19 respondents will file a total
of approximately 912 submissions per year (an average of 48 per
respondent). The Commission estimates that the average number of hours
necessary to comply with the requirements of Rule 19d-1 for each
submission is 1 hour. The total annual burden for all respondents is
thus 912 hours. The Commission estimates that the internal compliance
cost per respondent is approximately $319 per response. The annual
internal cost of compliance for all respondents is thus approximately
$290,928 (19 respondents x 48 responses x $319 per response).
The filing of notices pursuant to Rule 19d-1 is mandatory for the
SROs, but does not require 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 by July 18, 2022 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 Pezzullo, 100 F
Street NE, Washington, DC 20549, or by sending an email to:
<a href="/cdn-cgi/l/email-protection#81d1d3c0decce0e8ede3eef9c1f2e4e2afe6eef7"><span class="__cf_email__" data-cfemail="ecbcbeadb3a18d85808e8394ac9f898fc28b839a">[email protected]</span></a>.
Dated: June 13, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-13049 Filed 6-16-22; 8:45 am]
BILLING CODE 8011-01-P
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