30 Day Notice

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Federal Register / Vol. 84, No. 189 / Monday, September 30, 2019 / Notices

even a representative survey or study of
the costs of Commission rules.
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.
The public may view the 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: Shagufta_
Ahmed@omb.eop.gov; 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 send an email to: PRA_
Mailbox@sec.gov. Comments must be
submitted to OMB within 30 days of
this notice.
Dated: September 24, 2019.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019–21079 Filed 9–27–19; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–91, OMB Control No.
3235–0088]

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.

khammond on DSKJM1Z7X2PROD with NOTICES

Extension:
Rule 15Ba2–5

Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(‘‘PRA’’) (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 existing collection of
information provided for in Rule
15Ba2–5 (17 CFR 240.15Ba2–5), under
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) (‘‘Exchange Act’’).
On July 7, 1976, effective July 16,
1976 (see 41 FR 28948, July 14, 1976),
the Commission adopted Rule 15Ba2–5
under the Exchange Act to permit a
duly-appointed fiduciary to assume
immediate responsibility for the
operation of a municipal securities

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dealer’s business. Without the rule, the
fiduciary would not be able to assume
operation until it registered as a
municipal securities dealer. Under the
rule, the registration of a municipal
securities dealer is deemed to be the
registration of any executor,
administrator, guardian, conservator,
assignee for the benefit of creditors,
receiver, trustee in insolvency or
bankruptcy, or other fiduciary,
appointed or qualified by order,
judgment, or decree of a court of
competent jurisdiction to continue the
business of such municipal securities
dealer, provided that such fiduciary
files with the Commission, within 30
days after entering upon the
performance of his duties, a statement
setting forth as to such fiduciary
substantially the same information
required by Form MSD or Form BD. The
statement is necessary to ensure that the
Commission and the public have
adequate information about the
fiduciary.
There is approximately 1 respondent
per year that requires an aggregate total
of 4 hours to comply with this rule. This
respondent makes an estimated 1
annual response. Each response takes
approximately 4 hours to complete.
Thus, the total compliance burden per
year is 4 burden hours. The approximate
internal compliance cost per hour is
$20, resulting in a total internal cost of
compliance for the respondent of
approximately $80 (i.e., 4 hours × $20).
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:
Lindsay.M.Abate@omb.eop.gov; 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:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
Dated: September 24, 2019.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019–21086 Filed 9–27–19; 8:45 am]
BILLING CODE 8011–01–P

PO 00000

Frm 00185

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Sfmt 4703

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–198, OMB Control No.
3235–0279]

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 17a–4

Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(‘‘PRA’’) (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 extension of the
previously approved collection of
information provided for in Rule 17a–4
(17 CFR 240.17a–4), under the
Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.).
Rule 17a–4 requires approximately
3,764 active, registered exchange
members, brokers, and dealers (‘‘brokerdealers’’) to preserve for prescribed
periods of time certain records required
to be made by Rule 17a–3 and other
Commission rules, and other kinds of
records which firms make or receive in
the ordinary course of business. Rule
17a–4 also permits broker-dealers to
employ, under certain conditions,
electronic storage media to maintain
these required records. The records
required to be maintained under Rule
17a–4 are used by examiners and other
representatives of the Commission to
determine whether broker-dealers are in
compliance with, and to enforce their
compliance with, the Commission’s
rules.
There are approximately 3,764 active,
registered broker-dealers. The staff
estimates that the average amount of
time necessary to preserve the books
and records as required by Rule 17a–4
is 254 hours per broker-dealer per year.
In addition, paragraph (b)(11) of Rule
17a–4 requires any broker-dealer that
sponsors an internal broker-dealer
system to maintain certain records
relating to such system for at least three
years. The Commission estimates that
paragraph (b)(11) of Rule 17a–4 imposes
an annual burden of 3 hours per year to
maintain the requisite records. The
Commission estimates that there are
approximately 200 internal brokerdealer systems, resulting in an annual
recordkeeping burden of 600 hours.
Therefore, the Commission estimates
that compliance with Rule 17a–4

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