[Federal Register Volume 78, Number 14 (Tuesday, January 22, 2013)]
[Notices]
[Page 4480]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-01112]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-7, OMB Control No. 3235-0010]
Proposed Collection; Comment Request
Upon Written Request Copies Available From: Securities and Exchange
Commission, Office of Investor Education and Advocacy, Washington, DC
20549-0213.
Extension:
Rule 15a-4.
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.) (``PRA''), the Securities and
Exchange Commission (``Commission'') is soliciting comments on the
existing collection of information provided for in Rule 15a-4 (17 CFR
240.15a-4) under the Securities and Exchange Act of 1934 (15 U.S.C. 78a
et seq.) (``Exchange Act''). The Commission plans to submit this
existing collection of information to the Office of Management and
Budget (``OMB'') for extension and approval.
Rule 15a-4 permits a natural person member of a securities exchange
who terminates his or her association with a registered broker-dealer
to continue to transact business on the exchange while the Commission
reviews his or her application for registration as a broker-dealer
filed on Form BD if the exchange files a statement (``Statement'')
indicating that there do not appear to be any grounds for disapproving
the application.
The total annual hourly burden imposed by Rule 15a-4 is
approximately 8.46 hours, based on approximately 2 responses (2
Respondents x 1 Statement/Respondent), each requiring approximately
4.23 hours to complete.
The Commission uses the information disclosed by applicants in Form
BD: (1) To determine whether the applicant meets the standards for
registration set forth in the provisions of the Exchange Act; (2) to
develop a central information resource where members of the public may
obtain relevant, up-to-date information about broker-dealers, municipal
securities dealers and government securities broker-dealers, and where
the Commission, other regulators and SROs may obtain information for
investigatory purposes in connection with securities litigation; and
(3) to develop statistical information about broker-dealers, municipal
securities dealers and government securities broker-dealers. Without
the information disclosed in Form BD, the Commission could not
effectively implement policy objectives of the Exchange Act with
respect to its investor protection function. The Statement submitted by
the exchange assures the Commission that the applicant, in the opinion
of the exchange, is qualified to transact business on the exchange
during the time that the applications are reviewed.
Written comments are invited on: (a) Whether the proposed
collection of information is necessary for the proper performance of
the functions of the Commission, including whether the information
shall have practical utility; (b) the accuracy of the Commission'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.
The Commission may not conduct or sponsor a collection of
information unless it displays a currently valid OMB control number. No
person shall be subject to any penalty for failing to comply with a
collection of information subject to the PRA that does not display a
valid OMB control number.
Please direct your written comments to: Thomas Bayer, Director/
Chief Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 6432 General Green Way, Alexandria, Virginia 22312 or
send an email to: [email protected].
Dated: January 15, 2013.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-01112 Filed 1-18-13; 8:45 am]
BILLING CODE 8011-01-P