[Federal Register Volume 76, Number 78 (Friday, April 22, 2011)]
[Notices]
[Page 22740]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-9775]


=======================================================================
-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; Comment Request

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

Corrected Extension:
    Rule 19b-4 and Form 19b-4; OMB Control No. 3235-0045; SEC File 
No. 270-38.

    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.
    1. Rule 19b-4 (17 CFR 240.19b-4) and Form 19b-4--Filings with 
respect to proposed rule changes by self-regulatory organizations.
    Section 19(b) of the Securities Exchange Act of 1934 (``Act'') (15 
U.S.C. 78s(b)) requires each self-regulatory organization (``SRO'') to 
file with the Commission copies of any proposed rule, or any proposed 
change in, addition to, or deletion from the rules of such SRO. Rule 
19b-4 (17 CFR 240.19b-4) implements the requirements of Section 19(b) 
by requiring the SROs to file their proposed rule changes on Form 19b-4 
and by clarifying which actions taken by SROs are deemed proposed rule 
changes and so must be filed pursuant to Section 19(b).
    The collection of information is designed to provide the Commission 
with the information necessary to determine, as required by the Act, 
whether the proposed rule change is consistent with the Act and the 
rules thereunder. The information is used to determine if the proposed 
rule change should be approved, disapproved, or if proceedings should 
be instituted to determine whether the proposed rule change should be 
approved or disapproved.
    The respondents to the collection of information are self-
regulatory organizations (as defined by the Act), including national 
securities exchanges, national securities associations, registered 
clearing agencies and the Municipal Securities Rulemaking Board.
    Twenty-five respondents file an average total of 1,405 responses 
per year. Each response takes approximately 38.057 hours to complete. 
The total annual reporting burden for filing proposed rule changes is 
53,470 hours. The respondents are required to post all proposed rule 
changes to their Web sites, each of which takes approximately four 
hours to complete. For 1,405 proposed rule changes, the total annual 
reporting burden for posting them to respondents' Web sites is 5,620 
hours. The respondents are required to update the postings of those 
proposed rule changes which become effective (on average, 1,071 per 
year), each of which takes approximately four hours to complete. The 
total annual reporting burden for updating proposed rule change 
postings on the respondents' Web sites is 4,284 hours. Thus, the total 
estimated annual response burden pursuant to Rule 19b-4 and Form 19b-4 
is the sum of the total annual reporting burdens for filing proposed 
rule changes, posting them to the respondents' Web sites, and updating 
the postings of those that become effective on the respondents', which 
is 63,374 hours.
    Compliance with Rule 19b-4 is mandatory. Information received in 
response to Rule 19b-4 shall not be kept confidential; the information 
collected is public information.
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the Commission, including whether the information 
shall have practical utility; (b) the accuracy of the Commission'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 comments to: Thomas Bayer, Chief Information 
Officer, Securities and Exchange Commission, c/o Remi Pavlik-Simon, 
6432 General Green Way, Alexandria, Virginia 22312 or send an e-mail 
to: [email protected].

    Dated: April 14, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011-9775 Filed 4-21-11; 8:45 am]
BILLING CODE 8011-01-P