[Federal Register: November 27, 2007 (Volume 72, Number 227)]
[Notices]
[Page 66202]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr27no07-119]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of Investor Education and Advocacy, Washington, DC
20549-0213
Extension: Rule 203-3, Form ADV-H; SEC File No. 270-481; OMB Control
No. 3235-0538
Notice is hereby given that pursuant to the Paperwork Reduction Act
of 1995 (44 U.S.C. 3501 et seq.) the Securities and Exchange Commission
(``Commission'') is soliciting comments on the collection of
information summarized below. The Commission plans to submit this
existing collection of information to the Office of Management and
Budget for extension and approval.
The title for the collection of information is ``Rule 203-3 and
Form ADV-H under the Investment Advisers Act of 1940.'' Rule 203-3 (17
CFR 275.203-3) under the Investment Advisers Act of 1940 (15 U.S.C.
80b) establishes procedures for an investment adviser to obtain a
hardship exemption from the electronic filing requirements of the
Investment Advisers Act. Rule 203-3 requires every person requesting a
hardship exemption to file Form ADV-H (17 CFR 279.3) with the
Commission. The purpose of this collection of information is to permit
advisers to obtain a hardship exemption, on a continuing or temporary
basis, to not complete an electronic filing. The temporary hardship
exemption permits advisers to make late filings due to unforeseen
computer or software problems, while the continuing hardship exemption
permits advisers to submit all required electronic filings on hard copy
for data entry by the operator of the IARD.
The respondents to the collection of information are all investment
advisers that are registered with the Commission. The Commission has
estimated that compliance with the requirement to complete Form ADV-H
imposes a total burden of approximately 1 hour for an adviser. Based on
our experience with hardship filings, we estimate that we will receive
11 Form ADV-H filings annually. Based on the 60 minute per respondent
estimate, the Commission estimates a total annual burden of 11 hours
for this collection of information.
Written comments are invited on: (a) Whether the 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 of 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.
Please direct your written comments to R. Corey Booth, Director/
Chief Information Officer, Securities and Exchange Commission, C/O
Shirley Martinson, 6432 General Green Way, Alexandria, VA 22312; or
send an e-mail to: PRA_Mailbox@sec.gov.
Dated: November 19, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-23002 Filed 11-26-07; 8:45 am]
BILLING CODE 8011-01-P