[Federal Register Volume 66, Number 49 (Tuesday, March 13, 2001)]
[Notices]
[Pages 14602-14603]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-6188]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-447 OMB Control No. 3235-0504]


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 19b-4(e) and Form 19b-4(e).
    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 19b-(e) permits a self-regulatory organization (``SRO'') to 
immediately list and trade a new derivative securities product so long 
as such product is in compliance with the criteria of Rule 19b-4(e) 
under the Securities Exchange Act of 1934(``Act''). However, in order 
for the Commission to maintain an accurate record of all new derivative 
securities products traded through the facilities of SROs and to 
determine whether an SRO has properly availed itself of the permission 
granted by Rule 19b-4(e), it is necessary that the SRO maintain, on-
site, a copy of Form 19b-4(e) under the Act. Rule 19b-4(e) requires 
SROs to file a summary form, Form 19b-4(e), and thereby notify the 
Commission, within five business days after the commencement of trading 
a new derivative securities product. In addition, the Commission 
reviews SRO compliance with Rule 19b-4(e) through its routine 
inspections of the SROs.
    The collection of information is designed to allow the Commission 
to maintain an accurate record of all new derivative securities 
products traded through the facilities of SROs and to determine whether 
an SRO has properly availed itself of the permission granted by Rule 
19b-4(e).
    The respondents to the collection of information are self-
regulatory organizations (as defined by the Act), including national 
securities exchanges and national securities associations.
    Ten respondents file an average total of 100 responses per year, 
which corresponds to an estimated annual response burden of 100 hours. 
At an average cost per burden hour of $47.50, the resultant total 
related cost of compliance for these respondents is $4,750 per year 
(100 burden hours multiplied by $47.50/hour=$4,750).
    Written comments are invited on (a) Whether the proposed collection 
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

[[Page 14603]]

of the burden of the proposed collection of information; (c) ways to 
enhance the quality, utility, and clarity of the information to be 
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.
    Direct your written comments to Michael E. Bartell, Associate 
Executive Director, Office of Information Technology, Securities and 
Exchange Commission, 450 Fifth Street, NW., Washington, DC 20549.

    Dated: March 6, 2001.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 01-6188 Filed 3-12-01; 8:45 am]
BILLING CODE 8010-01-M