[Federal Register Volume 69, Number 133 (Tuesday, July 13, 2004)]
[Notices]
[Page 42075]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-15783]


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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 17a-7; SEC File No. 270-147; OMB Control No. 3235-0131.

    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 17a-7 (17 CFR 240.17a-7) under the Securities Exchange Act of 
1934 (``Exchange Act'') (15 U.S.C. 78a et seq.) requires non-resident 
brokers or dealers registered or applying for registration pursuant to 
Section 15 of the Exchange Act to maintain--in the United States--
complete and current copies of books and records required to be 
maintained under any rule adopted under the Securities Exchange Act of 
1934. Alternatively, Rule 17a-7 provides that the non-resident broker 
or dealer may sign a written undertaking to furnish the requisite books 
and records to the Commission upon demand.
    There are approximately 65 non-resident brokers and dealers. Based 
on the Commission's experience in this area, it is estimated that the 
average amount of time necessary to preserve the books and records 
required by Rule 17a-7 is one hour per year. Accordingly, the total 
burden is 65 hours per year. With an average cost per hour of 
approximately $55.00, the total cost of compliance for the respondents 
is $3,575 per year.
    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/Chief 
Information Officer, Office of Information Technology, Securities and 
Exchange Commission, 450 5th Street, NW., Washington, DC 20549.

    Dated: July 6, 2004.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 04-15783 Filed 7-12-04; 8:45 am]
BILLING CODE 8010-01-P