[Federal Register Volume 64, Number 246 (Thursday, December 23, 1999)]
[Notices]
[Pages 72110-72111]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-33347]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, 
DC 20549.
    Rule 204-3, SEC File No. 270-42, OMB Control No. 3235-0047

Extension:
    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 204-3 requires investment advisers to deliver, or offer to 
deliver, to their clients a written disclosure statement, or 
``brochure,'' of specified information concerning the background and 
business practices of the adviser. Investors use this information to 
determine whether to retain or continue to employ the investment 
adviser. There are currently approximately 8,300 investment advisers 
subject to this rule; the estimated burden resulting from the rule is 
203,350 total annual hours.
    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 will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the collection of information; (c) ways to enhance the 
quality, utility, and clarity of the

[[Page 72111]]

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 technology. 
Consideration will be given to comments and suggestions submitted in 
writing within 60 days of this publication.
    Please direct your written comments to Michael E. Bartell, 
Associate Executive Director, Office of Information Technology, 
Securities and Exchange Commission, 450 5th Street, NW., Washington, DC 
20549.

    Dated: December 13, 1999.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 99-33347 Filed 12-22-99; 8:45 am]
BILLING CODE 8010-01-M