80 FR 25352 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 85 (May 4, 2015)

Page Range		25352-25352
FR Document		2015-10284

Federal Register, Volume 80 Issue 85 (Monday, May 4, 2015)

[Federal Register Volume 80, Number 85 (Monday, May 4, 2015)]
[Notices]
[Page 25352]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-10284]


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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 15g-6, SEC File No. 270-349, OMB Control No. 3235-0395.

    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 15g-
6--Account Statements for Penny Stock Customers--(17 CFR 240.15g-6) 
under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.).
    Rule 15g-6 requires brokers and dealers that sell penny stocks to 
provide their customers monthly account statements containing 
information with regard to the penny stocks held in customer accounts. 
The purpose of the rule is to increase the level of disclosure to 
investors concerning penny stocks generally and specific penny stock 
transactions.
    The Commission estimates that approximately 221 broker-dealers will 
spend an average of 78 hours annually to comply with this rule. Thus, 
the total compliance burden is approximately 17,238 burden-hours per 
year.
    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 Web site: http://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 email to: 
[email protected]; and (ii) Pamela Dyson, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 100 F Street NE., Washington, DC 20549 or by sending an 
email to [email protected]. Comments must be submitted within 30 days 
of this notice.

    Dated: April 28, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-10284 Filed 5-1-15; 8:45 am]
 BILLING CODE 8011-01-P

25352 Federal Register / Vol. 80, No. 85 / Monday, May 4, 2015 / Notices

C. Self-Regulatory Organization’s file number should be included on the (‘‘OMB’’) a request for approval of
Statement on Comments on the subject line if email is used. To help the extension of the previously approved
Proposed Rule Change Received From Commission process and review your collection of information provided for in
Members, Participants, or Others comments more efficiently, please use Rule 15g–6—Account Statements for
No written comments were either only one method. The Commission will Penny Stock Customers—(17 CFR
solicited or received. post all comments on the Commission’s 240.15g–6) under the Securities
Internet Web site (http://www.sec.gov/ Exchange Act of 1934 (15 U.S.C. 78a et
III. Date of Effectiveness of the rules/sro.shtml). Copies of the seq.).
Proposed Rule Change and Timing for submission, all subsequent
Commission Action amendments, all written statements Rule 15g–6 requires brokers and
with respect to the proposed rule dealers that sell penny stocks to provide
Because the foregoing proposed rule
change that are filed with the their customers monthly account
change does not: (i) significantly affect
Commission, and all written statements containing information with
the protection of investors or the public
interest; (ii) impose any significant communications relating to the regard to the penny stocks held in
burden on competition; and (iii) become proposed rule change between the customer accounts. The purpose of the
operative for 30 days from the date on Commission and any person, other than rule is to increase the level of disclosure
which it was filed, or such shorter time those that may be withheld from the to investors concerning penny stocks
as the Commission may designate, it has public in accordance with the generally and specific penny stock
become effective pursuant to Section provisions of 5 U.S.C. 552, will be transactions.
19(b)(3)(A) of the Act 15 and available for Web site viewing and The Commission estimates that
subparagraph (f)(6) of Rule 19b–4 printing in the Commission’s Public approximately 221 broker-dealers will
thereunder.16 Reference Room, 100 F Street NE., spend an average of 78 hours annually
At any time within 60 days of the Washington, DC 20549, on official to comply with this rule. Thus, the total
filing of the proposed rule change, the business days between the hours of
compliance burden is approximately
Commission summarily may 10:00 a.m. and 3:00 p.m. Copies of the
17,238 burden-hours per year.
temporarily suspend such rule change if filing will also be available for
it appears to the Commission that such inspection and copying at the principal An agency may not conduct or
action is necessary or appropriate in the office of the Exchange. All comments sponsor, and a person is not required to
public interest, for the protection of received will be posted without change; respond to, a collection of information
investors, or otherwise in furtherance of the Commission does not edit personal under the PRA unless it displays a
the purposes of the Act. If the identifying information from currently valid OMB control number.
Commission takes such action, the submissions. You should submit only The public may view background
Commission shall institute proceedings information that you wish to make documentation for this information
to determine whether the proposed rule available publicly. All submissions collection at the following Web site:
should be approved or disapproved. should refer to File Number SR– http://www.reginfo.gov. Comments
NASDAQ–2015–039 and should be
IV. Solicitation of Comments should be directed to: (i) Desk Officer
submitted on or before May 26, 2015.
For the Commission, by the Division for the Securities and Exchange
Interested persons are invited to
submit written data, views, and of Trading and Markets, pursuant to Commission, Office of Information and
arguments concerning the foregoing, delegated authority.17 Regulatory Affairs, Office of
including whether the proposed rule Management and Budget, Room 10102,
Brent J. Fields, New Executive Office Building,
change is consistent with the Act.
Secretary. Washington, DC 20503 or by sending an
Comments may be submitted by any of
the following methods: [FR Doc. 2015–10281 Filed 5–1–15; 8:45 am] email to:
BILLING CODE 8011–01–P Shagufta_Ahmed@omb.eop.gov; and (ii)
Electronic Comments Pamela Dyson, Director/Chief
• Use the Commission’s Internet Information Officer, Securities and
comment form (http://www.sec.gov/ SECURITIES AND EXCHANGE Exchange Commission, c/o Remi Pavlik-
rules/sro.shtml); or COMMISSION Simon, 100 F Street NE., Washington,
• Send an email to rule-comments@ DC 20549 or by sending an email to
sec.gov. Please include File Number SR– Submission for OMB Review;
Comment Request PRA_Mailbox@sec.gov. Comments must
NASDAQ–2015–039 on the subject line. be submitted within 30 days of this
Paper Comments Upon Written Request, Copies Available notice.
From: Securities and Exchange
• Send paper comments in triplicate Commission, Office of FOIA Services, Dated: April 28, 2015.
to Brent J. Fields, Secretary, Securities 100 F Street NE., Washington, DC Brent J. Fields,
and Exchange Commission, 100 F Street 20549–2736. Secretary.
NE., Washington, DC 20549–1090. [FR Doc. 2015–10284 Filed 5–1–15; 8:45 am]
Extension:
All submissions should refer to File Rule 15g–6, SEC File No. 270–349, OMB BILLING CODE 8011–01–P
Number SR–NASDAQ–2015–039. This Control No. 3235–0395.
mstockstill on DSK4VPTVN1PROD with NOTICES

15 15 U.S.C. 78s(b)(3)(A).
Notice is hereby given that pursuant
16 17 CFR 240.19b–4(f)(6). In addition, Rule 19b– to the Paperwork Reduction Act of 1995
4(f)(6) requires a self-regulatory organization to give (‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
the Commission written notice of its intent to file Securities and Exchange Commission
the proposed rule change at least five business days (‘‘Commission’’) has submitted to the
prior to the date of filing of the proposed rule
change, or such shorter time as designated by the Office of Management and Budget
Commission. The Exchange has satisfied this
requirement. 17 17 CFR 200.30–3(a)(12).

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Document Created: 2018-02-21 10:22:31
Document Modified: 2018-02-21 10:22:31

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		80 FR 25352