[Federal Register Volume 66, Number 76 (Thursday, April 19, 2001)]
[Notices]
[Page 20169]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-9709]


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SECURITIES AND EXCHANGE COMMISSION

[Extension: Rule 15Ba2-1 and Form MSD; Rule 17a-3(a)(16); Rule 17a-
4(b)(10); SEC File No. 270-88; SEC File No. 270-452; SEC File No. 270-
449; OMB Control No. 3235-0083; OMB Control No. 3235-0508; OMB Control 
No. 3235-0506]


Proposed Collection; Comment Request

    Upon Written Request, Copies Available From: Securities and 
Exchange Commission, Office of Filings and Information Services, 
Washington, DC 20549.

    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 collections 
of information summarized below. The Commission plans to submit these 
existing collections of information to the Office of Management and 
Budget for extension and approval.
    Rule 15Ba2-1 under the Securities Exchange Act of 1934 (``Act'') 
provides that an application for registration with the Commission by a 
bank municipal securities dealer must be filed on Form MSD. The 
Commission uses the information contained in Form MSD to determine 
whether bank municipal securities dealers meet the standards for 
registration set forth in the Act, to develop a central registry where 
members of the public may obtain information about particular bank 
municipal securities dealers, and to develop statistical information 
about bank municipal securities dealers.
    The staff estimates that approximately 32 respondents will utilize 
this application procedure annually, with a total burden of 48 hours, 
based upon past submissions. The staff estimates that the average 
number of hours necessary to comply with the requirements of Rule 
15Ba2-1 is 1.5 hours.
    Rule 17a-3(a)(16) under the Act identifies the records to be made 
by broker-dealers that operate internal broker-dealer systems. Those 
records are 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 105 
active broker-dealer respondents registered with the Commission incur 
an average burden of 2,835 hours per year to comply with this rule.
    Rule 17a-4(b)(10) under the Act describes the record preservation 
requirements for those records required to be kept pursuant to Rule 
17a-3(a)(16), including how such records should be kept and for how 
long, 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 105 
active broker-dealer respondents registered with the Commission incur 
an average burden of 315 hours per year to comply with this rule.
    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; 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 5th Street, NW. Washington, DC 20549.

    Dated: April 11, 2001.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 01-9709 Filed 4-18-01; 8:45 am]
BILLING CODE 8010-01-M