[Federal Register Volume 73, Number 89 (Wednesday, May 7, 2008)]
[Notices]
[Page 25789]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-10040]


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SECURITIES AND EXCHANGE COMMISSION


Submission for OMB Review; Comment Request

Upon written request, copies available from: U.S. Securities and 
Exchange Commission, Office of Investor Education and Advocacy, 
Washington, DC 20549-0213.

Extension:
    Rule 103; OMB Control No. 3235-0466; SEC File No. 270-410.

    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 a request for approval of extension of the existing 
collection of information provided for in the following rule: Rule 103 
of Regulation M (17 CFR 242.103).
    Rule 103 permits passive market-making in Nasdaq securities during 
a distribution. A distribution participant that seeks use of this 
exception would be required to disclose to third parties its intention 
to engage in passive market making.
    There are approximately 214 respondents per year that require an 
aggregate total of 214 hours to comply with this rule. Each respondent 
makes an estimated 1 annual response. Each response takes approximately 
1 hour to complete. Thus, the total compliance burden per year is 214 
burden hours. The total compliance cost for the respondents is 
approximately $12,037.50, resulting in a cost of compliance for the 
respondent per response of approximately $56.25 (i.e., $12,037.50/214 
responses).
    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.
    Comments should be directed to (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 by sending an e-mail to: [email protected]; and (ii) R. Corey Booth, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Shirley 
Martinson, 6432 General Green Way, Alexandria, VA 22312 or send an e-
mail to: [email protected]. Comments must be submitted within 30 
days of this notice.

    Dated: April 30, 2008.
Florence E. Harmon,
Deputy Secretary.
 [FR Doc. E8-10040 Filed 5-6-08; 8:45 am]
BILLING CODE 8010-01-P