Notice2026-19618
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 15c3-3
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
September 25, 2026
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 91 Issue 185 (Friday, September 25, 2026)</title>
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[Federal Register Volume 91, Number 185 (Friday, September 25, 2026)]
[Notices]
[Page 60999]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-19618]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0078]
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Extension: Rule 15c3-3
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.), the Securities and Exchange
Commission (SEC or ``Commission'') is submitting to the Office of
Management and Budget (OMB) this request for approval of extension of
the previously approved collection of information provided for in Rule
15c3-3 (17 CFR 240.15c3-3) under the Securities Exchange Act of 1934
(15 U.S.C. 78a et seq.).
Rule 15c3-3 requires that a broker-dealer that holds customer
securities obtain and maintain possession and control of fully-paid and
excess margin securities they hold for customers. In addition, the Rule
requires that a broker-dealer that holds customer funds make either a
weekly or monthly computation to determine whether certain customer
funds need to be segregated in a special reserve bank account for the
exclusive benefit of the firm's customers. It also requires that a
broker-dealer maintain a written notification from each bank where a
Special Reserve Bank Account is held acknowledging that all assets in
the account are for the exclusive benefit of the broker-dealer's
customers, and to provide written notification to the Commission (and
its designated examining authority) under certain, specified
circumstances. In addition, it requires broker-dealers that sell
securities futures products to customers to provide certain
notifications to customers and make a record of any changes of account
type. Finally, it includes segregation and notice requirements for
broker-dealers with respect to their security-based swap activity.
A broker-dealer required to maintain the Special Reserve Bank
Account prescribed by Rule 15c3-3 must obtain and retain a written
notification from each bank in which it has a Special Reserve Bank
Account to evidence the bank's acknowledgement that assets deposited in
the Account are being held by the bank for the exclusive benefit of the
broker-dealer's customers. In addition, a broker-dealer must
immediately notify the Commission and its designated examining
authority if it fails to make a required deposit to its Special Reserve
Bank Account.
In 2024, the Commission adopted amendments to require carrying
broker-dealers to compute the reserve computation on a daily instead of
weekly basis, provided that such broker-dealers have average total
credits above a minimum threshold.
The Commission staff estimates that the aggregate annual
information collection burden associated with Rule 15c3-3 is
approximately 1,459,681 hours and $5,076,465.
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 OMB Control Number.
The public may view and comment on this information collection
request at: <a href="https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202608-3235-006">https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202608-3235-006</a> or email comment to
<a href="/cdn-cgi/l/email-protection#074a455f29484a4529484e554629544244586362746c586861616e64627547686a652962687729606871"><span class="__cf_email__" data-cfemail="d79a958ff9989a95f9989e8596f984929488b3b2a4bc88b8b1b1beb4b2a597b8bab5f9b2b8a7f9b0b8a1">[email protected]</span></a> within 30 days of the day
after publication of this notice, by October 26, 2026.
Dated: September 22, 2026.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026-19618 Filed 9-24-26; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on September 25, 2026.
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