[Federal Register Volume 90, Number 149 (Wednesday, August 6, 2025)]
[Notices]
[Page 37918]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-14930]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0204]
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Extension: Rule 19d-3
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736.
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 (SEC or ``Commission'') is submitting to the Office of
Management and Budget (``OMB'') this request for an extension of the
proposed collection of information in Rule 19d-3.
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 25 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 10
firms or natural persons would draft the applications themselves, and
therefore incur an hour burden of 18 hours each (a total hour burden of
180), and that 16 would hire outside counsel, and therefore incur a
cost burden of $8,496 each (a total cost burden of $127,440).
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless it displays a
currently valid OMB Control Number.
Written comments are invited on: (a) whether this proposed
collection of information is necessary for the proper performance of
the functions of the SEC, including whether the information will have
practical utility; (b) the accuracy of the SEC's estimate of the burden
imposed by the proposed collection of information, including the
validity of the methodology and the assumptions used; (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 through the use of automated,
electronic collection techniques or other forms of information
technology.
The public may view and comment on this information collection
request at: https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202504-3235-003 or email comment to
[email protected] within 30 days of the day
after publication of this notice, by September 8, 2025.
Dated: August 4, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-14930 Filed 8-5-25; 8:45 am]
BILLING CODE 8011-01-P