[Federal Register Volume 69, Number 33 (Thursday, February 19, 2004)]
[Notices]
[Page 7808]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-3576]


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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.

Extension

Rule 15c3-1f, SEC File No. 270-440, OMB Control No. 3235-0496.

    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 a request for approval of extension on the following rule: 
17 CFR 240.15c3-1f (Appendix F to Rule 15c3-1 (``Appendix F'')).
    Appendix F requires a broker-dealer choosing to register, upon 
Commission approval, as an OTC derivative dealer to develop and 
maintain an internal risk management system based on Value-at-Risk 
(``VAR'') models. Appendix F also requires the OTC derivatives dealer 
to notify Commission staff of the system and of certain other periodic 
information including when the VAR model deviates from the actual 
performance of the OTC derivatives dealer's portfolio. It is 
anticipated that approximately six (6) broker-dealers will spend 1,000 
hours per year complying with Appendix F. The total burden is estimated 
to be approximately 6,000 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 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 R. Corey Booth, Director/CIO, 
Office of Information Technology, Securities and Exchange Commission, 
450 5th Street, NW., Washington, DC 20549.

    Dated: February 11, 2004.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 04-3576 Filed 2-18-04; 8:45 am]
BILLING CODE 8010-01-P