Request for Public Comment

[Federal Register Volume 64, Number 224 (Monday, November 22, 1999)]
[Notices]
[Pages 63832-63833]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-30316]


=======================================================================
-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION


Request for Public Comment

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, 
DC 20549
Extension:
    Rule 15c1-7, SEC File No. 270-146, OMB Control No. 3235-0134

    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 collections 
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.
    Rule 15c1-7 provides 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 500 respondents collect 
information annually under Rule 15c1-7 and that approximately 33,333 
hours would be required annually for these collections.
    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 shall 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the proposed collection of information; (c) ways to 
enhance the quality, utility, and clarity of the information to be 
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.
    Direct your written comments to Michael E. Bartell, Associate 
Executive Director, Office of Information Technology, Securities and 
Exchange Commission, 450 5th Street, NW, Washington, DC 20549.


[[Page 63833]]


    Dated: November 15, 1999.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 99-30316 Filed 11-19-99; 8:45 am]
BILLING CODE 8010-01-M