30 day notice

30 day RULE 17Ad-2(c) (d) and (h) 30 DAY NOTICE 2019 DGL REVISED.pdf

Turnaround, Processing and Forwarding of Items, C.F.R. 240.17Ad-2 (c), (d), (h)

30 day notice

OMB: 3235-0130

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SECURITIES AND EXCHANGE COMMISSION
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 17Ad-2(c), (d), and (h)
SEC File No. 270-149, OMB Control No. 3235-0130
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 previously approved collection of information provided for in Rule 17Ad-2(c), (d), and
(h), (17 CFR 240.17Ad-2(c), (d), and (h)), under the Securities Exchange Act of 1934 (15 U.S.C.
78a et seq.).
Rule 17Ad-2(c),(d) and (h) enumerates the requirements with which transfer agents must
comply to inform the Commission or the appropriate regulator of a transfer agent's failure to
meet the minimum performance standards set by the Commission rule by filing a notice.
The Commission receives approximately 3 notices a year pursuant to Rule 17Ad-2(c),
(d), and (h). The estimated annual time burden of these filings on respondents is minimal in
view of: (a) the readily available nature of most of the information required to be included in the
notice (since that information must be compiled and retained pursuant to other Commission
rules); and (b) the summary fashion in which such information must be presented in the notice
(most notices are one page or less in length). In light of the above, and based on the experience
of the staff regarding the notices, the Commission staff estimates that, on average, most notices

require approximately one-half hour to prepare. Thus, the Commission staff estimates that the
industry-wide total time burden is approximately 1.5 hours.
The retention period for the recordkeeping requirement under Rule 17Ad-2(c), (d), and
(h) is not less than two years following the date the notice is submitted. The recordkeeping
requirement under this rule is mandatory to assist the Commission in monitoring transfer agents
who fail to meet the minimum performance standards set by the Commission rule. This rule
does not involve the collection of confidential information. A transfer agent is not required to
file under the rule unless it does not meet the minimum performance standards for turnaround,
processing or forwarding items received for transfer during a month.
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 e-mail to: [email protected] ; 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 e-mail to:
[email protected]. Comments must be submitted to OMB within 30 days of this notice.

Eduardo A. Aleman
Deputy Secretary
February 1, 2019


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