Notice2023-23096
Submission for OMB Review; Comment Request; Extension: Rule 15c1-7
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 19, 2023
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 88 Issue 201 (Thursday, October 19, 2023)</title>
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[Federal Register Volume 88, Number 201 (Thursday, October 19, 2023)]
[Notices]
[Page 72204]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-23096]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-146, OMB Control No. 3235-0134]
Submission for OMB Review; Comment Request; Extension: Rule 15c1-
7
Upon Written Request, Copies Available From: U.S. Securities and
Exchange Commission, Office of FOIA Services, Washington, DC 20549-2736
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 15c1-7 (17 CFR
240.15c1-7) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et
seq.) (``Exchange Act'').
Rule 15c1-7 states that any act of a broker-dealer designed to
effect securities transactions with or for a customer account over
which the broker-dealer (directly or through an agent or employee) has
discretion will be considered a fraudulent, manipulative, or deceptive
practice under the federal securities laws, unless a record is made of
the transaction immediately by the broker-dealer. The record must
include (a) the name of the customer, (b) the name, amount, and price
of the security, and (c) the date and time when such transaction took
place. The Commission estimates that 350 respondents collect
information related to approximately 400,000 transactions annually
under Rule 15c1-7 and that each respondent would spend approximately 5
minutes on the collection of information for each transaction, for a
total time burden of approximately 33,333 hours per year (approximately
95.2 hours per respondent).
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: <a href="http://www.reginfo.gov">www.reginfo.gov</a>. 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 November 20, 2023 to (i) <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a> 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:
<a href="/cdn-cgi/l/email-protection#4d1d1f0c12002c24212f22350d3e282e632a223b"><span class="__cf_email__" data-cfemail="0e5e5c4f51436f67626c61764e7d6b6d20696178">[email protected]</span></a>.
Dated: October 16, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-23096 Filed 10-18-23; 8:45 am]
BILLING CODE 8011-01-P
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