60 Day Notice

30550

Federal Register / Vol. 87, No. 97 / Thursday, May 19, 2022 / Notices

respondents annually for a total
reporting burden of 4 hours (2 hours per
response × 2 responses).
Written comments are invited on: (a)
Whether this proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden imposed by the 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 60 days of this
publication by July 18, 2022.
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
control number.
Please direct your written comment 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_
[email protected].
Dated: May 13, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022–10744 Filed 5–18–22; 8:45 am]
BILLING CODE 8011–01–P

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

Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736

jspears on DSK121TN23PROD with NOTICES1

Extension:
Form Custody

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 Form Custody (17 CFR
249.639) under the Securities Exchange
Act of 1934 (15 U.S.C. 78a et seq.)
(‘‘Exchange Act’’). The Commission
plans to submit this existing collection

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of information to the Office of
Management and Budget (‘‘OMB’’) for
extension and approval.
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 broker-dealer’s fiscal year
end if that date is not the end of a
calendar quarter. Form Custody is
designed to elicit information about
whether a broker-dealer 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
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
Written comments are invited on: (a)
Whether the collection of information is
necessary for the proper performance of
the functions of the agency, including
whether the information shall have
practical utility; (b) the accuracy of the
Commission’s estimate of the burden of
the collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be collected; and
(d) ways to minimize the burden of the
1 Rule 17a–5 is subject to a separate PRA filing
(OMB Control Number 3235–0123).
2 3,534 brokers-dealers × 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.

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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 by July 18, 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_
[email protected].
Dated: May 13, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022–10725 Filed 5–18–22; 8:45 am]
BILLING CODE 8011–01–P

DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
[Docket No. FAA–2021–1024]

Agency Information Collection
Activities: Requests for Comments;
Clearance of Renewed Approval of
Information Collection: Certification of
Airports, Part 139
Federal Aviation
Administration (FAA), DOT.
ACTION: Notice and request for
comments.
AGENCY:

In accordance with the
Paperwork Reduction Act of 1995, FAA
invites public comments about our
intention to request the Office of
Management and Budget (OMB)
approval to renew an information
collection. The Federal Register Notice
with a 60-day comment period soliciting
comments on the following collection of
information was published on December
7, 2021.
DATES: Written comments should be
submitted by June 21, 2022.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
By Electronic Docket:
www.regulations.gov.
SUMMARY:

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