60 Day Notice

Federal Register / Vol. 87, No. 88 / Friday, May 6, 2022 / Notices
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–363, OMB Control No.
3235–0413]

JSPEARS on DSK121TN23PROD with NOTICES1

Proposed Collection; Comment
Request; Extension: Rule 17Ad–16
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.) (‘‘PRA’’), the
Securities and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the existing collection of information
provided for in Rule 17Ad–16 (17 CFR
240.17Ad–16) under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.). The Commission plans to submit
this existing collection of information to
the Office of Management and Budget
(‘‘OMB’’) for extension and approval.
Rule 17Ad–16 requires a registered
transfer agent to provide written notice
to the appropriate qualified registered
securities depository when assuming or
terminating transfer agent services on
behalf of an issuer or when changing its
name or address. In addition, transfer
agents that provide such notice shall
maintain such notice for a period of at
least two years in an easily accessible
place. This rule addresses the problem
of certificate transfer delays caused by
transfer requests that are directed to the
wrong transfer agent or the wrong
address.
We estimate that the transfer agent
industry submits 15,917 Rule 17Ad–16
notices to appropriate qualified
registered securities depositories. The
staff estimates that the average amount
of time necessary to create and submit
each notice is approximately 15 minutes
per notice. Accordingly, the estimated
total industry burden is 3,979.25 hours
per year (15 minutes multiplied by
15,917 notices filed annually).
Because the information needed by
transfer agents to properly notify the
appropriate registered securities
depository is readily available to them
and the report is simple and
straightforward, the cost is relatively
minimal. The average internal
compliance cost to prepare and send a
notice is approximately $86 (15 minutes
at $344 per hour).1 This yields an
1 The estimated hourly wages used in this
analysis were derived from reports prepared by the
Securities Industry and Financial Markets
Association. See Securities Industry and Financial
Markets Association, Office Salaries in the
Securities Industry—2022 (2022), modified to

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industry-wide internal compliance cost
estimate of $1,368,862 (15,917 notices
multiplied by $86 per notice).
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 in
writing within by July 5, 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, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o John
Pezzullo, 100 F Street NE, Washington,
DC 20549, or send an email to: PRA_
Mailbox@sec.gov.

Administration, Processing and
Disbursement Center, 14925 Kingsport
Road, Fort Worth, TX 76155.
FOR FURTHER INFORMATION CONTACT: A.
Escobar, Office of Disaster Assistance,
U.S. Small Business Administration,
409 3rd Street SW, Suite 6050,
Washington, DC 20416, (202) 205–6734.
SUPPLEMENTARY INFORMATION: The notice
of the Administrator’s EIDL declaration
for the State of California, dated 08/26/
2021, is hereby amended to establish the
incident period for this disaster as
beginning 07/04/2021 and continuing
through 10/31/2021.
All other information in the original
declaration remains unchanged.

Dated: May 2, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.

ACTION:

BILLING CODE 8011–01–P

SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #17118; California
Disaster Number CA–00343 Declaration of
Economic Injury]

Administrative Declaration
Amendment of an Economic Injury
Disaster for the State of California
Small Business Administration.
Amendment 1.

AGENCY:

This is an amendment of the
Economic Injury Disaster Loan (EIDL)
declaration for the State of
CALIFORNIA dated 08/26/2021.
Incident: Tamarack Fire.
Incident Period: 07/04/2021 through
10/31/2021.
DATES: Issued on 05/02/2022.
Economic Injury (EIDL) Loan
Application Deadline Date: 05/26/2022.
ADDRESSES: Submit completed loan
applications to: U.S. Small Business
SUMMARY:

account for an 1800-hour work year and multiplied
by 5.35 to account for bonuses, firm size, employee
benefits and overhead.

PO 00000

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Isabella Guzman,
Administrator.
[FR Doc. 2022–09736 Filed 5–5–22; 8:45 am]
BILLING CODE 8026–03–P

SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #17436 and #17437;
Florida Disaster Number FL–00171]

Administrative Declaration of a
Disaster for the State of Florida
Small Business Administration.
Notice.

AGENCY:

This is a notice of an
Administrative declaration of a disaster
for the State of Florida dated 05/02/
2022.
Incident: Severe Storms and
Tornadoes.
Incident Period: 01/16/2022.
DATES: Issued on 05/02/2022.
Physical Loan Application Deadline
Date: 07/01/2022.
Economic Injury (EIDL) Loan
Application Deadline Date: 02/02/2023.
ADDRESSES: Submit completed loan
applications to: U.S. Small Business
Administration, Processing and
Disbursement Center, 14925 Kingsport
Road, Fort Worth, TX 76155.
FOR FURTHER INFORMATION CONTACT: A.
Escobar, Office of Disaster Assistance,
U.S. Small Business Administration,
409 3rd Street SW, Suite 6050,
Washington, DC 20416, (202) 205–6734.
SUPPLEMENTARY INFORMATION: Notice is
hereby given that as a result of the
Administrator’s disaster declaration,
applications for disaster loans may be
filed at the address listed above or other
locally announced locations.
The following areas have been
determined to be adversely affected by
the disaster:
Primary Counties: Lee
SUMMARY:

[FR Doc. 2022–09719 Filed 5–5–22; 8:45 am]

ACTION:

(Catalog of Federal Domestic Assistance
Number 59008)

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