[Federal Register Volume 70, Number 104 (Wednesday, June 1, 2005)]
[Notices]
[Page 31550]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-2766]


-----------------------------------------------------------------------

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:
    Form BDW, SEC File No. 270-17; OMB Control No. 3235-0018.

    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.
    Fully registered broker-dealers and notice-registered broker-
dealers use Form BDW (17 CFR 249.501a) to withdraw from registration 
with the Commission, the self-regulatory organizations, and the states. 
It is estimated that approximately 900 fully registered broker-dealers 
annually will incur an average burden of 15 minutes, or 0.25 hours, to 
file for withdrawal on Form BDW via the internet with Web CRD, a 
computer system operated by the National Association of Securities 
Dealers, Inc. that maintains information regarding fully registered 
broker-dealers and their registered personnel. It is further estimated 
that 140 futures commission merchants that are notice-registered 
broker-dealers annually will incur an average burden of 15 minutes, or 
0.25 hours, to file for withdrawal on Form BDW by sending the completed 
Form BDW to the National Futures Association, which maintains 
information regarding notice-registered broker-dealers on behalf of the 
Commission. The annualized compliance burden per year is 260 hours 
[1,040 (900 fully registered broker-dealers + 140 notice-registered 
broker-dealers) x .25 = 260 hours]. The annualized cost to respondents, 
utilizing staff at an estimated cost of $101 per hour, would be $26,260 
(260 x $101 = $26,260).
    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 will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the collection of information; (c) ways to enhance the 
quality, utility, and clarity of the information 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, Chief 
Information Officer, Office of Information Technology, Securities and 
Exchange Commission, 450 Fifth Street, NW., Washington, DC 20549.

    Dated: May 13, 2005.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E5-2766 Filed 5-31-05; 8:45 am]
BILLING CODE 8010-01-P