[Federal Register Volume 63, Number 195 (Thursday, October 8, 1998)]
[Notices]
[Pages 54164-54165]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-26996]
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SECURITIES AND EXCHANGE COMMISSION
Submission for OMB Review; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of Filings and Information Service, Washington, DC
20549
Extension: Rule 17a-3, SEC File No. 270-26, OMB Control No. 3235-0033
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'') has submitted to the Office of Management
and Budget (``OMB'') a request for extension of the previously approved
collection of information discussed below.
Rule 17a-3 [17 CFR 40.17a-3] under the Securities Exchange At of
1934 requires records to be made by certain exchange members, brokers,
and dealers, to be used in monitoring compliance with the Commission's
financial responsibility program and antifraud and antimanipulative
rules as well as other rules and regulations of the Commission and the
self-regulatory organizations. It is estimated that approximately 7,786
active broker-dealer respondents registered with the Commission incur
an average burden of 1,938,714 hours per year to comply with this rule.
Rule 17a-3 does not contain record retention requirements.
Compliance with the rule is mandatory. The required records are
available only to the examination staff of the Commission and the self-
regulatory organization of which the broker-dealer is a member. 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.
General comments regarding the estimated burden hours should be
[[Page 54165]]
directed to the following person: (i) Desk Officer for the Securities
and Exchange Commission, Office of Information and Regulatory Affairs,
Office of Management and Budget, Room 10202, New Executive Office
Building, Washington, D.C. 20503; and (ii) Michael E. Bartell,
Associate Executive Director, Office of Information Technology,
Securities and Exchange Commission, 450 Fifth Street, N.W., Washington,
D.C. 20549. Comments must be submitted to the Office of Management and
Budget within 30 days of this notice.
Dated: October 1, 1998.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 98-26996 Filed 10-7-98; 8:45 am]
BILLING CODE 8010-01-M
