[Federal Register Volume 69, Number 110 (Tuesday, June 8, 2004)]
[Notices]
[Page 32082]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-12900]


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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 Services, Washington, DC 
20549.

Extension:
    Rule 19d-1; SEC File No. 270-242; OMB Control No. 3235-0206.

    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 19d-1 (``Rule'') under the Securities Exchange Act of 1934 
(``Exchange Act'') prescribes the form and content of notices to be 
filed with the Commission by self-regulatory organizations (``SROs'') 
for which the Commission is the appropriate regulatory agency 
concerning the following final SRO actions: (1) Disciplinary sanctions 
(including summary suspensions); (2) denials of membership, 
participation or association with a member; and (3) prohibitions or 
limitations on access to SRO services.
    The Rule enables the Commission to obtain reports from the SROs 
containing information regarding SRO determinations to discipline 
members or associated persons of members, deny membership or 
participation or association with a member, and similar adjudicated 
findings. The Rule requires that such actions be promptly reported to 
the Commission. The Rule also requires that the reports and notices 
supply sufficient information regarding the background, factual basis 
and issues involved in the proceeding to enable the Commission (1) to 
determine whether the matter should be called up for review on the 
Commission's own motion and (2) to ascertain generally whether the SRO 
has adequately carried out its responsibilities under the Exchange Act.
    It is estimated that 10 respondents will utilize this application 
procedure annually, with a total burden of 1175 hours, based upon past 
submissions. This figure is based on 10 respondents, spending 
approximately 117.5 hours each. Each respondent submitted approximately 
235 responses. The staff estimates that the average number of hours 
necessary to comply with the requirements of Rule 19d-1 for each 
submission is 0.5 hours. The average cost per hour, per each submission 
is approximately $101. Therefore, the total cost of compliance for all 
the respondents is $118,675. (10 respondents x 235 responses per 
respondent x .5 hrs per response x $101 per hour).
    The filing of notices pursuant to the Rule is mandatory for the 
SROs, but does not involve the collection of confidential information. 
Please note that 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. Rule 19d-1 does not have a 
retention of records requirement.
    General comments regarding the above information should be directed 
to the following persons: (i) Desk Officer for the Securities and 
Exchange Commission, Office of Information and Regulatory Affairs, 
Office of Management and Budget, Room 10102, New Executive Office 
Building, Washington, DC 20503 or send and e-mail to: [email protected]; and (ii) R. Corey Booth, Director/CIO, Office of 
Information Technology, Securities and Exchange Commission, 450 Fifth 
Street, NW., Washington, DC 20549. Comments must be submitted to OMB 
within 30 days of this notice.

    Dated: June 1, 2004.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 04-12900 Filed 6-7-04; 8:45 am]
BILLING CODE 8010-01-P