[Federal Register Volume 83, Number 238 (Wednesday, December 12, 2018)]
[Notices]
[Page 63962]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-26851]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-034, OMB Control No. 3235-0034]
Submission for OMB Review; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736
Extension:
Rule 17f-2(a)
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 (``OMB'') a request for approval of extension of the
previously approved collection of information provided for in the Rule
17f-2(a), (17 CFR 240.17f-2(a)), under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.).
Rule 17f-2(a) (Fingerprinting Requirements for Securities
Professionals) requires that securities professionals be fingerprinted.
This requirement serves to identify security- risk personnel, to allow
an employer to make fully informed employment decisions, and to deter
possible wrongdoers from seeking employment in the securities industry.
Partners, directors, officers, and employees of exchanges, brokers,
dealers, transfer agents, and clearing agencies are included.
The Commission staff estimates that approximately 4,480 respondents
will submit an aggregate total 289,780 new fingerprint cards each year
or approximately 65 fingerprint cards per year per registrant. The
staff estimates that the average number of hours necessary to complete
a fingerprint card is one-half hour. Thus, the total estimated annual
burden is 144,890 hours for all respondents (289,780 times one-half
hour). The average internal labor cost of compliance per hour is
approximately $283. Therefore, the total estimated annual internal
labor cost of compliance for all respondents is $41,003,870 (144,890
times $283).
This rule does not involve the collection of confidential
information.
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 background documentation for this information
collection at the following website: 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) Charles Riddle, Acting Director/
Chief Information Officer, Securities and Exchange Commission, c/o
Candace Kenner, 100 F Street NE, Washington, DC 20549, or by sending an
email to: [email protected]. Comments must be submitted to OMB within
30 days of this notice.
Dated: December 4, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-26851 Filed 12-11-18; 8:45 am]
BILLING CODE 8011-01-P