[Federal Register Volume 87, Number 71 (Wednesday, April 13, 2022)]
[Notices]
[Pages 21942-21943]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-07835]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-245, OMB Control No. 3235-0204]
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-3
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-3 (17 CFR 240.19d-3)
under the Securities Exchange Act of 1934 (17 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-3 prescribes the form and content of applications to the
Commission by persons seeking Commission review of final disciplinary
actions against them taken by self-regulatory organizations (``SROs'')
for which the Commission is the appropriate regulatory agency. The
Commission uses the information provided in the application filed
pursuant to Rule 19d-3 to review final actions taken by SROs including:
(1) Final disciplinary sanctions; (2) denial or conditioning of
membership, participation or association; and (3) prohibitions or
limitations of access to services offered by a SRO or member thereof.
The staff estimates that 32 respondents will file one application
pursuant to Rule 19b-3 each year. The staff estimates that the average
number of hours necessary to comply with the requirements of Rule 19d-3
is approximately eighteen hours. We estimate that approximately 16
firms or natural persons would draft the applications themselves, and
therefore incur an hour burden of 18 hours each (a total hour burden of
288 hours), and that 16 would hire outside counsel, and therefore incur
a cost burden of $8,496 each (a total cost burden of $135,936).
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, 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].
[[Page 21943]]
Dated: April 7, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-07835 Filed 4-12-22; 8:45 am]
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