[Federal Register Volume 87, Number 71 (Wednesday, April 13, 2022)]
[Notices]
[Page 21993]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-07833]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-242, OMB Control No. 3235-0206]


Proposed Collection; 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 19d-1

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.) (``PRA''), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the existing 
collection of information provided for in Rule 19d-1 (17 CFR 240.19d-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 19d-1 prescribes the form and content of notices to be filed 
with the Commission by self-regulatory organizations (``SROs'') for 
which the Commission is the appropriate regulatory agency concerning 
the following final SRO actions: (1) Disciplinary actions with respect 
to any person; (2) denial, bar, prohibition, or limitation of 
membership, participation or association with a member or of access to 
services offered by an SRO or member thereof; (3) summarily suspending 
a member, participant, or person associated with a member, or summarily 
limiting or prohibiting any persons with respect to access to or 
services offered by the SRO or a member thereof; and (4) delisting a 
security.
    The Rule enables the Commission to obtain reports from the SROs 
containing information regarding SRO determinations to delist a 
security, discipline members or associated persons of members, deny 
membership or participation or association with a member, and similar 
adjudicated
    findings. The Rule requires that such actions be promptly reported 
to the Commission. The Rule also requires that the reports and notices 
supply sufficient information regarding the background, factual basis 
and issues involved in the proceeding to enable the Commission: (1) To 
determine whether the matter should be called up for review on the 
Commission's own motion; and (2) to ascertain generally whether the SRO 
has adequately carried out its responsibilities under the Exchange Act.
    It is estimated that approximately 19 respondents will file a total 
of approximately 912 submissions per year (an average of 48 per 
respondent). The Commission estimates that the average number of hours 
necessary to comply with the requirements of Rule 19d-1 for each 
submission is 1 hour. The total annual burden for all respondents is 
thus 912 hours. The Commission estimates that the internal compliance 
cost per respondent is approximately $319 per response. The annual 
internal cost of compliance for all respondents is thus approximately 
$290,928 (19 respondents x 48 responses x $319 per response).
    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 
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 by 
June 13, 2022.
    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.
    Please direct your written comments to: David Bottom, Acting 
Director/Chief Information Officer, Securities and Exchange Commission, 
c/o John Pezzullo, 100 F Street NE, Washington, DC 20549 or send an 
email to: [email protected].

    Dated: April 7, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-07833 Filed 4-12-22; 8:45 am]
BILLING CODE 8011-01-P