Rule 17Ad-21T limits the activities of
non-bank transfer agents with material Year 2000 problems. The rule
requires that transfer agents must be operationally capable and
prevents non-bank transfer agents with material Year 2000 problems
from performing certain activities after August 31, 1999. Rule
17AD-21T(g) provides that non-bank transfer agents must make and
keep a backup copy of its data base and file layouts for each
business day beginning August 31, 1999, and ending on March 31,
2000.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.