[Federal Register Volume 65, Number 2 (Tuesday, January 4, 2000)]
[Notices]
[Page 310]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-72]
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SECURITIES AND EXCHANGE COMMISSION
Request for Public Comment
Upon Written Request, Copies Available From: Securities and
Exchange Commission, Office of Filings and Information Services,
Washington, DC 20549.
Extension:
Rule 17a-6, SEC File No. 270-433, OMB Control No. 3235-0489
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 this
existing collection of information to the Office of Management and
Budget for extension and approval.
Rule 17a-6 (17 CFR 240.17a-6) permits national securities
exchanges, national securities associations, registered clearing
agencies, and the Municipal Securities Rulemaking Board (collectively,
``SROs'') to destroy or convert to microfilm or other recording media
records maintained under Rule 17a-1 (17 CFR 240.17a-1), if they have
filed with the Commission a plan to destroy or dispose of records and
the Commission has declared such plan effective.
There are currently 23 SROs required under Rule 17a-1 to maintain
certain records and that could receive relief under Rule 17a-6: 8
national securities exchanges, 1 national securities association, 13
registered clearing agencies, and the Municipal Securities Rulemaking
Board. Assuming that one of these respondents might file a plan to
destroy or dispose of records, or an amendment thereto, in a given
year, such filing would require approximately 40 hours per respondent
to complete. Thus, the total compliance burden is 40 hours. At an
approximate cost per hour of $100, the resulting total related cost of
compliance for these respondents is $4,000 per year (40 hours x $100/
hour=$4,000).
Written comments are invited on: (a) Whether the proposed
collection of information is necessary for the proper performance of
the functions of the agency, including whether the information shall
have practical utility; (b) the accuracy of the agency's estimate of
the burden of the proposed collection of information; (c) ways to
enhance the quality, utility, and clarity of the information to be
collected; (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.
Direct your written comments to Michael E. Bartell, Associate
Executive Director, Office of Information Technology, Securities and
Exchange Commission, 450 Fifth Street, N.W., Washington, D.C. 20549.
Dated: December 28, 1999.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 00-72 Filed 1-3-00; 8:45 am]
BILLING CODE 8010-01-M
