[Federal Register Volume 76, Number 226 (Wednesday, November 23, 2011)]
[Notices]
[Pages 72459-72460]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-30220]


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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.

Extension:
    Rule 17Ac2-1; SEC File No. 270-95; OMB Control No. 3235-0084 and 
Form TA-1.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995

[[Page 72460]]

(44 U.S.C. 3501 et seq.), the Securities and Exchange Commission 
(``Commission'') is soliciting comments on the existing collection of 
information provided for in Rule 17Ac2-1 (17 CFR 240.17Ac2-1) under the 
Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (``Exchange 
Act''). The Commission plans to submit this existing collection of 
information to the Office of Management and Budget (``OMB'') for 
extension and approval.
    Rule 17Ac2-1, pursuant to Section 17A(c) of the Exchange Act, 
generally requires transfer agents to register with their Appropriate 
Regulatory Agency (``ARA''), whether the Commission, the Comptroller of 
the Currency, the Board of Governors of the Federal Reserve System, the 
Federal Deposit Insurance Corporation, or the Office of Thrift 
Supervision, and to amend their registrations if the information 
becomes inaccurate, misleading, or incomplete.
    Paragraph 1 of Rule 17Ac2-1, requires transfer agents to file a 
Form TA-1 application for registration with the Commission where the 
Commission is their ARA. Transfer agents must also file an amended Form 
TA-1 application for registration if the existing Form TA-1 becomes 
inaccurate, misleading, or incomplete. The Form TA-1s must be filed 
with the Commission electronically, absent an exemption, on EDGAR 
pursuant to Regulation S-T (17 CFR part 232).
    The Commission receives on an annual basis approximately 190 
applications for registration on Form TA-1 from transfer agents 
required to register with the Commission. Included in this figure are 
amendments to Form TA-1 as required by Paragraph (c) of Rule 17Ac2-1 to 
address information that has become inaccurate, misleading, or 
incomplete. Based on past submissions, the staff estimates that the 
average number of hours necessary to comply with the requirements of 
Rule 17Ac2-1 and Form TA-1 is one and one-half hours with a total 
burden of 285 hours per year.
    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 the use of automated collection 
techniques or other forms of information technology. Consideration will 
be given to comments and suggestions submitted within 60 days of this 
publication.
    The Commission may not conduct or sponsor a collection of 
information unless it displays a currently valid OMB control number. No 
person shall be subject to any penalty for failing to comply with a 
collection of information subject to the PRA that does not display a 
valid OMB control number. Please direct your written comments to: 
Thomas Bayer, Director/Chief Information Officer, Securities and 
Exchange Commission, c/o Remi Pavlik-Simon, 6432 General Green Way, 
Alexandria, VA 22312 or send an email to: [email protected].

    Dated: November 18, 2011.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2011-30220 Filed 11-22-11; 8:45 am]
BILLING CODE 8011-01-P