83 FR 31435 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 129 (July 5, 2018)

[Federal Register Volume 83, Number 129 (Thursday, July 5, 2018)]
[Notices]
[Pages 31435-31436]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-14357]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-349, OMB Control No. 3235-0395]


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

    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

[[Page 31436]]

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 195 broker-dealers will 
spend an average of 78 hours annually to comply with this rule. Thus, 
the total compliance burden is approximately 15,210 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 website: 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 Candace 
Kenner, 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: June 28, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-14357 Filed 7-3-18; 8:45 am]
 BILLING CODE 8011-01-P