[Federal Register Volume 75, Number 220 (Tuesday, November 16, 2010)]
[Notices]
[Pages 70047-70048]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-28777]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-621]


Submission for OMB Review; Comment Request

    Upon Written Request, Copies Available From: Securities and 
Exchange Commission, Office of Investor Education and Advocacy, 
Washington, DC 20549-0213.

Electronic Data Collection System

    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 70048]]

on the new collection of information summarized below. The Commission 
plans to submit this new collection of information to the Office of 
Management and Budget for approval.
    The Securities and Exchange Commission has begun the design of a 
new Electronic Data Collection System database (the Database) and 
invites comment on the Database that will support information provided 
by the general public that would like to file a tip or complaint with 
the SEC. The Database will be a web based e-filed dynamic report based 
on technology that pre-populates and establishes a series of questions 
based on the data that the individual enters. The individual will then 
complete specific information on the subject(s) and nature of the 
suspicious activity, using the data elements appropriate to the type of 
complaint or subject. The information collection is voluntary. The 
first phase of the Database is scheduled to be released as a pilot in 
December 2010. Any public suggestions that are received during the 
pilot phase will be reviewed and changes will be considered. The final 
version will be available Spring 2011. There are no costs associated 
with this collection. It will be available using the agency's Web site 
http://www.sec.gov. Information is voluntary.
    Estimated number of annual responses = 25,000.
    Estimated annual reporting burden = 12,500 hours (30 minutes per 
submission).
    Written comments are invited on: (a) Whether this 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 
imposed by 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 30 
days of this publication.
    Background documentation for this new information collection may be 
viewed at the following Web site, http://www.reginfo.gov. Please direct 
general comments to the following persons: (i) Desk Officer for the 
Securities and Exchange Commission, Office of Management and Budget, 
Room 10102, New Executive Office Building, Washington, DC 20503 or send 
an e-mail to Shagufta Ahmed at [email protected]; Thomas 
Bayer, Director/CIO, Securities and Exchange Commission, C/O Remi 
Pavlik-Simon, 6432 General Green Way, Alexandria, VA 22312; or send an 
e-mail to: [email protected]. Comments must be submitted to OMB 
within 30 days of this notice.

     November 5, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-28777 Filed 11-15-10; 8:45 am]
BILLING CODE 8011-01-P