[Federal Register Volume 69, Number 169 (Wednesday, September 1, 2004)]
[Notices]
[Pages 53473-53474]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E4-2007]


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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:
    Part 257, SEC File No. 270-252, OMB Control No. 3235-0306

    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

[[Page 53474]]

on the collection of information summarized below. The Commission plans 
to submit this existing material to the Office of Management and Budget 
for extension and approval.
    Part 257 [17 CFR part 257] under the Public Utility Holding Company 
Act of 1935, as amended (``Act''), 15 U.S.C. 79, et seq., generally 
mandates the preservation, and provides for the destruction, of books 
and records of registered public utility holding companies subject to 
rule 26 under the Act and service companies subject to rule 93. Part 
257 prescribes which records must be maintained for regulatory purposes 
and which media methods may be used to maintain them. Further, it sets 
a schedule for destroying particular documents or classes of documents.
    The Commission estimates that there is an associated recordkeeping 
burden of 29 hours in connection with the record preservation programs 
administered by registered holding companies under part 257 (29 
recordkeepers x 1 hour = 29 burden hours). In addition to the costs 
associated with the burden hours, the annual non-labor cost associated 
with complying with part 257 is estimated at $2,000 for each registered 
holding company system. The total estimated annual non-labor 
recordkeeping burden is $58,000 (29 recordkeepers x $2,000 = $58,000).
    Written comments are invited on: (1) Whether the proposed record 
maintenance and destruction requirements under part 257 under the Act 
are necessary for the proper performance of the functions of the 
agency, including whether the requirement will have practical utility; 
(2) the accuracy of the agency's estimate of the burden of the 
collection of information; (3) ways to enhance the quality, utility, 
and clarity of the information required to be maintained under Part 
257; and (4) ways to minimize the burden of the collection of 
information on respondents that is required to be maintained under part 
257, 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.
    Please 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: August 25, 2004.
J. Lynn Taylor,
Assistant Secretary.
 [FR Doc. E4-2007 Filed 8-31-04; 8:45 am]
BILLING CODE 8010-01-P