[Federal Register Volume 70, Number 69 (Tuesday, April 12, 2005)]
[Notices]
[Page 19137]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-1695]


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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 102; SEC File No. 270-409; OMB Control No. 3235-0467.

    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 these 
existing collections of information to the Office of Management and 
Budget for extension and approval.
    Rule 102 prohibits distribution participants, issuers, and selling 
security holders from purchasing activities at specified times during a 
distribution of securities. Persons otherwise covered by these rules 
may seek to use several applicable exceptions such as a calculation of 
the average daily trading volume of the securities in distribution, the 
maintenance of policies regarding information barriers between their 
affiliates, and the maintenance a written policy regarding general 
compliance with Regulation M for de minimus transactions. The 
Commission estimates that 669 respondents collect information under 
Rule 102 and that approximately 1,569 hours in the aggregate are 
required annually for these collections.
    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 estimates 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.
    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: March 31, 2005.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E5-1695 Filed 4-11-05; 8:45 am]
BILLING CODE 8010-01-P