[Federal Register Volume 79, Number 13 (Tuesday, January 21, 2014)]
[Notices]
[Page 3427]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-00987]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-408, OMB Control No. 3235-0464]


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.

Extension:
    Rule 101.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (``PRA'') (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') has submitted to the Office of Management 
and Budget (``OMB'') a request for approval of extension of the 
previously approved collection of information provided for in Rule 101 
of Regulation M (17 CFR 242.101), under the Securities Exchange Act of 
1934 (15 U.S.C. 78a et seq.).
    Rule 101 prohibits distribution participants from purchasing 
activities at specified times during a distribution of securities. 
Persons otherwise covered by this rule may seek to use several 
applicable exceptions such as a calculation of the average daily 
trading volume of the securities in distribution, the maintenance of 
policies regarding information barriers between their affiliates, and 
the maintenance of a written policy regarding general compliance with 
Regulation M for de minimus transactions.
    There are approximately 1762 respondents per year that require an 
aggregate total of 34,525 hours to comply with this rule. Each 
respondent makes an estimated 1 annual response. Each response takes on 
average approximately 19.594 hours to complete. Thus, the total 
compliance burden per year is 34,525 burden hours. The total estimated 
internal labor compliance cost for the respondents is approximately 
$2,175,075.00, resulting in a cost of compliance for each respondent 
per response of approximately $1234.435 (i.e., $2,175,075.00/1762 
responses).
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information under the PRA unless it 
displays a currently valid OMB control number.
    The public may view the background documentation for this 
information collection at the following Web site: www.reginfo.gov. 
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 email to: [email protected]; and (ii) Thomas Bayer, Director/Chief Information 
Officer, c/o Remi Pavlik-Simon, 100 F Street NE., Washington, DC 20549 
or by sending an email to: [email protected]. Comments must be 
submitted within 30 days of this notice.

    Dated: January 14, 2014.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-00987 Filed 1-17-14; 8:45 am]
BILLING CODE 8011-01-P