[Federal Register Volume 69, Number 220 (Tuesday, November 16, 2004)]
[Notices]
[Pages 67198-67199]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E4-3168]


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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:
    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'') has submitted to the Office of Management 
and Budget (``OMB'') a request for extension of the matters relating to 
the previously approved collections of information discussed below.
    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).
    It is mandatory that records that are subject to part 257 under the 
Act be maintained by the holding companies and their service companies 
for the prescribed period. There is no requirement to keep the 
information related to part 257 confidential, because it is public 
information. It should be noted 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.
    General comments regarding the above information 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 e-mail to: [email protected]; and (ii) R. Corey 
Booth, Director/Chief Information Officer, Office of Information 
Technology, Securities and Exchange Commission, 450 5th Street, NW., 
Washington, DC 20549. Comments must be submitted to OMB within 30 days 
of this notice.


[[Page 67199]]


    Dated: November 4, 2004.
Margaret H. McFarland,
Deputy Secretary.
 [FR Doc. E4-3168 Filed 11-15-04; 8:45 am]
BILLING CODE 8010-01-P