Notice2024-30772
Proposed Collection; Comment Request; Extension: Electronic Data Collection System Form TCR
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 26, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
<html>
<head>
<title>Federal Register, Volume 89 Issue 247 (Thursday, December 26, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 247 (Thursday, December 26, 2024)]
[Notices]
[Page 105161]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-30772]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-621, OMB Control No. 3235-0672]
Proposed Collection; Comment Request; Extension: Electronic Data
Collection System Form TCR
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.), the Securities and Exchange
Commission (``Commission'') is soliciting comments on the collection of
information summarized below. The Commission plans to submit an
extension for these two current collections of information to the
Office of Management and Budget for approval.
The Commission invites comment on updates to its Electronic Data
Collection System database (the Database), which will support
information provided by members of the public who would like to file an
online tip, complaint or referral (TCR) to the Commission. The Database
will be a web based e-filed dynamic report based on technology that
pre-populates and establishes a series of questions based on the data
that the individual enters. The individual will then complete specific
information on the subject(s) and nature of the suspicious activity,
using the data elements appropriate to the type of complaint or
subject. The information collection is voluntary. The public interface
to the Database will be available using the agency's website,
<a href="http://www.sec.gov">www.sec.gov</a>. The Commission estimates that it takes a complainant, on
average, 30 minutes to submit a TCR through the Database. Based on the
receipt of an average of approximately 35,000 annual TCRs for the past
three fiscal years, the Commission estimates that the annual reporting
burden is 17,500 hours.
The Commission further invites comment on updates to Form TCR,
which is a hard copy form adopted by the Commission in 2011.\1\ Form
TCR may be submitted by whistleblowers who wish to provide information
to the Commission and its staff regarding potential violations of the
federal securities laws. The Commission estimates that it takes a
whistleblower, on average, one and one half hours to complete Form TCR.
Based on the receipt of an average of approximately 170 annual Form TCR
submissions for the past three fiscal years, the Commission estimates
that the annual reporting burden of Form TCR is 255 hours.
---------------------------------------------------------------------------
\1\ Implementation of the Whistleblower Provisions of Section
21F of the Securities Exchange Act of 1934, Release No. 34-64545;
File No. S7-33-10 (adopted May 25, 2011).
---------------------------------------------------------------------------
Written comments are invited on: (a) whether this proposed
collection of information is necessary for the proper performance of
the functions of the agency, including whether the information will
have practical utility; (b) the accuracy of the agency's estimate of
the burden imposed by the 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 by February 24, 2025.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless it displays a
currently valid control number.
Please direct your written comment to Austin Gerig, Director/Chief
Data Officer, Securities and Exchange Commission, c/o Tanya Ruttenberg,
100 F Street, NE, Washington, DC 20549 or send an email to:
<a href="/cdn-cgi/l/email-protection#84d4d6c5dbc9e5ede8e6ebfcc4f7e1e7aae3ebf2"><span class="__cf_email__" data-cfemail="49191b0816042820252b2631093a2c2a672e263f">[email protected]</span></a>.
Dated: December 19, 2024.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2024-30772 Filed 12-23-24; 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 26, 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.