Notice2025-03783
Submission for OMB Review; Comment Request; Extension: Electronic Data Collection System and 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
March 10, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 45 (Monday, March 10, 2025)</title>
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[Federal Register Volume 90, Number 45 (Monday, March 10, 2025)]
[Notices]
[Page 11636]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-03783]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0672]
Submission for OMB Review; Comment Request; Extension: Electronic
Data Collection System and 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 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.
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\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).
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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 OMB Control Number.
Written comments are invited on: (a) whether this 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.
The public may view and comment on this information collection
request at: <a href="https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202412-3235-025">https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202412-3235-025</a> or send an email comment to
<a href="/cdn-cgi/l/email-protection#5419160c7a1b19167a1b1d06157a0711170b3031273f0b3b32323d373126143b39367a313b247a333b22"><span class="__cf_email__" data-cfemail="1459564c3a5b59563a5b5d46553a4751574b7071677f4b7b72727d777166547b79763a717b643a737b62">[email protected]</span></a> within 30 days of the day
after publication of this notice by April 10, 2025.
Dated: March 5, 2025.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2025-03783 Filed 3-7-25; 8:45 am]
BILLING CODE 8011-01-P
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