30 Day Notice

Federal Register / Vol. 87, No. 141 / Monday, July 25, 2022 / Notices
DC 20549, or by sending an email to:
PRA_Mailbox@sec.gov.
Dated: July 19, 2022.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022–15784 Filed 7–22–22; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–643, OMB Control No.
3235–0691]

lotter on DSK11XQN23PROD with NOTICES1

Submission for OMB Review;
Comment Request: Extension: Form
Custody
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’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of the
extension of the previously approved
collection of information provided for in
Form Custody (17 CFR 249.639) under
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) (‘‘Exchange Act’’).
Section 17(a)(1) of the Exchange Act
provides that broker-dealers registered
with the Commission must make and
keep records, furnish copies of the
records, and make and disseminate
reports as the Commission, by rule,
prescribes. Pursuant to this authority,
the Commission adopted Rule 17a–5 (17
CFR 240.17a–5), which is one of the
primary financial and operational
reporting rules for broker-dealers.1
Paragraph (a)(5) of Rule 17a–5 requires
every broker-dealer registered with the
Commission to file Form Custody (17
CFR 249.639) with its designated
examining authority (‘‘DEA’’) within 17
business days after the end of each
calendar quarter and within 17 business
days after the date selected for the
broker-dealer’s annual report if that date
is not the end of a calendar quarter.
Form Custody is designed to elicit
information about whether a brokerdealer maintains custody of customer
and non-customer assets, and, if so, how
such assets are maintained.
The Commission estimates that there
are approximately 3,534 broker-dealers
registered with the Commission. As
noted above, all broker-dealers
1 Rule 17a–5 is subject to a separate PRA filing
(OMB Control Number 3235–0123).

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17:06 Jul 22, 2022

Jkt 256001

registered with the Commission are
required to file Form Custody with their
DEA once each calendar quarter. Based
on staff experience, the Commission
estimates that, on average, it would take
a broker-dealer approximately 12 hours
to complete and file Form Custody, for
an annual industry-wide reporting
burden of approximately 169,632
hours.2 Assuming an average cost per
hour of approximately $319 for a
compliance manager, the total internal
cost of compliance for the respondents
is approximately $54,112,608 per year.3
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. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Written comments and
recommendations for the proposed
information collection should be sent by
August 24, 2022 to (i)
MBX.OMB.OIRA.SEC_desk_officer@
omb.eop.gov and (ii) David Bottom,
Director/Chief Information Officer,
Securities and Exchange Commission, c/
o John Pezzullo, 100 F Street NE,
Washington, DC 20549, or by sending an
email to: PRA_Mailbox@sec.gov.
Dated: July 19, 2022.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022–15783 Filed 7–22–22; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–091, OMB Control No.
3235–0088]

Submission for OMB Review;
Comment Request: Extension: Rule
15Ba2–5
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736
2 3,534 brokers-dealers x 4 times per year × 12
hours = 169,632 hours.
3 169,632 hours times $319 per hour =
$54,112,608. $319 per hour for a compliance
manager is from SIFMA’s Management &
Professional Earnings in the Securities Industry
2013, modified by Commission staff for an 1800hour work-year, multiplied by 5.35 to account for
bonuses, firm size, employee benefits, and
overhead, and adjusted for inflation.

PO 00000

Frm 00099

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44179

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
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 one
respondent per year that requires an
aggregate total of 4 hours to comply
with this rule. This respondent makes
an estimated one annual response. Each
response takes approximately 4 hours to
complete. Thus, the total compliance
burden per year is approximately four
hours. The approximate internal
compliance cost per hour is $25,
resulting in a total internal cost of
compliance of approximately $100 per
year (i.e., 4 hours × $25).
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. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open

E:\FR\FM\25JYN1.SGM

25JYN1

44180

Federal Register / Vol. 87, No. 141 / Monday, July 25, 2022 / Notices

for Public Comments’’ or by using the
search function. Written comments and
recommendations for the proposed
information collection should be sent by
August 24, 2022 to (i) www.reginfo.gov/
public/do/PRAMain and (ii) David
Bottom, Director/Chief Information
Officer, Securities and Exchange
Commission, c/o John Pezzullo, 100 F
Street NE, Washington, DC 20549, or by
sending an email to: PRA_Mailbox@
sec.gov.
Dated: July 19, 2022.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022–15782 Filed 7–22–22; 8:45 am]
BILLING CODE 8011–01–P

SOCIAL SECURITY ADMINISTRATION
[Docket No SSA–2022–0035]

Agency Information Collection
Activities: Proposed Request and
Comment Request
The Social Security Administration
(SSA) publishes a list of information
collection packages requiring clearance
by the Office of Management and
Budget (OMB) in compliance with
Public Law 104–13, the Paperwork

Reduction Act of 1995, effective October
1, 1995. This notice includes one new
collection and revisions of OMBapproved information collections.
SSA is soliciting comments on the
accuracy of the agency’s burden
estimate; the need for the information;
its practical utility; ways to enhance its
quality, utility, and clarity; and ways to
minimize burden on respondents,
including the use of automated
collection techniques or other forms of
information technology. Mail, email, or
fax your comments and
recommendations on the information
collection(s) to the OMB Desk Officer
and SSA Reports Clearance Officer at
the following addresses or fax numbers.
(OMB) Office of Management and
Budget, Attn: Desk Officer for SSA
Comments: https://www.reginfo.gov/
public/do/PRAMain. Submit your
comments online referencing Docket ID
Number [SSA–2022–0035].
(SSA) Social Security Administration,
OLCA, Attn: Reports Clearance
Director, 3100 West High Rise, 6401
Security Blvd., Baltimore, MD 21235,
Fax: 410–966–2830, Email address:
OR.Reports.Clearance@ssa.gov
Or you may submit your comments
online through https://www.reginfo.gov/

Number of
respondents

Modality of completion

Average
burden per
response
(minutes)

Frequency
of response

Estimated
total annual
burden
(hours)

public/do/PRAMain, referencing Docket
ID Number [SSA–2022–0035].
I. The information collections below
are pending at SSA. SSA will submit
them to OMB within 60 days from the
date of this notice. To be sure we
consider your comments, we must
receive them no later than September
23, 2022. Individuals can obtain copies
of the collection instruments by writing
to the above email address.
1. Application for Child’s Insurance
Benefits—20 CFR 404.350–404.368,
404.603, & 416.350—0960–0010. Title II
of the Social Security Act (Act) provides
for the payment of monthly benefits to
children of an insured retired, disabled,
or deceased worker. Section 202(d) of
the Act discloses the conditions and
requirements the applicant must meet
when filing an application. SSA uses
the information on Form SSA–4–BK to
determine entitlement for children of
living and deceased workers to monthly
Social Security payments. Respondents
are guardians completing the form on
behalf of the children of living or
deceased workers, or the children of
living or deceased workers.
Type of Request: Revision of an OMBapproved information collection.
Average
theoretical
hourly cost
amount
(dollars) *

Average
wait time
in field
office
(minutes) **

Total annual
opportunity cost
(dollars) ***

SSA–4–BK (Death Claim) paper ..............
SSA–4–BK/(Death Claim) MCS Interview
SSA–4–BK (Life Claim) Paper ..................
SSA–4–BK (Life Claim) MCS Interview ....

1,178
227,999
2,180
284,245

1
1
1
1

12
11
12
11

236
41,800
436
52,112

* $28.01
* 28.01
* 28.01
* 28.01

0
** 24
0
** 24

*** $6,610
*** 3,725,330
*** 12,212
*** 4,644,338

Totals .................................................

515,602

........................

........................

94,584

........................

........................

*** 8,388,490

** We based this figure on average U.S. citizen’s hourly salary, as reported by Bureau of Labor Statistics data (https://www.bls.gov/oes/current/oes_nat.htm#000000).
** We based this figure on the average FY 2022 wait times for field offices, based on SSA’s current management information data.
*** This figure does not represent actual costs that SSA is imposing on recipients of Social Security payments to complete this application; rather, these are theoretical opportunity costs for the additional time respondents will spend to complete the application. There is no actual charge to respondents to complete the
application.

2. Statement for Determining
Continuing Eligibility, Supplemental
Security Income Payment(s)—416.204—
0960–0416. SSA conducts
redeterminations of disability to
determine whether Supplemental
Security Income (SSI) recipients: (1)
have met and continue to meet all

Number of
respondents

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Modality of completion

SSA–8203–BK (paper version) .................
SSA–8203–BK (SSI Claims system) ........

VerDate Sep<11>2014

17:06 Jul 22, 2022

statutory and regulatory requirements
for SSI eligibility and (2) are receiving
the correct SSI payment amount. SSA
makes these rederterminations through
periodic use of Form SSA–8203–BK.
SSA conducts this legally mandated
information collection in field offices
via personal contact (face-to-face or

Jkt 256001

Frequency
of response

44,396
1,918,702

PO 00000

Average
burden per
response
(minutes)

1
1

Frm 00100

Fmt 4703

20
19

Sfmt 4703

Estimated
total annual
burden
(hours)

telephone interview) using the
automated SSI Claim System.
The respondents are SSI recipients or
their representative payees.
Type of Request: Revision of an OMBapproved information collection.

Average
theoretical
hourly cost
amount
(dollars) *

14,799
607,589

E:\FR\FM\25JYN1.SGM

* $19.86
* 19.86

25JYN1

Average
wait time
in field office
or for
teleservice
centers
(minutes) **
** 21
** 21

Total annual
opportunity
cost
(dollars) ***

*** $602,513
***25,403,621