Notice2024-28124
Submission for OMB Review; Comment Request; Extension: Rule 17f-1(b)
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
December 2, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
<html>
<head>
<title>Federal Register, Volume 89 Issue 231 (Monday, December 2, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 231 (Monday, December 2, 2024)]
[Notices]
[Pages 95300-95301]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-28124]
-----------------------------------------------------------------------
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 9,500
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 4 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 2 hours (4 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 $344, of
$172 per year per entity (.5 hours x $344 per hour = $172 per year).
Therefore, the aggregate annual internal cost of compliance is
approximately $688 ($172 x 4= $688).
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 30-day public comment period for this information collection
request
[[Page 95301]]
opens on December 3, 2024 and ends on January 2, 2025. View the full
information request and submit comments at <a href="https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202409-3235-016">https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202409-3235-016</a> or email comments to
<a href="/cdn-cgi/l/email-protection#bef3fce690f1f3fc90f1f7ecff90edfbfde1dadbcdd5e1d1d8d8d7dddbccfed1d3dc90dbd1ce90d9d1c8"><span class="__cf_email__" data-cfemail="4c010e146203010e6203051e0d621f090f1328293f2713232a2a252f293e0c23212e6229233c622b233a">[email protected]</span></a>.
Dated: November 25, 2024.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-28124 Filed 11-29-24; 8:45 am]
BILLING CODE 8011-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on December 2, 2024.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.