[Federal Register Volume 79, Number 69 (Thursday, April 10, 2014)]
[Notices]
[Page 19936]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-07997]
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SECURITIES AND EXCHANGE COMMISSION
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 15b6-1 and Form BDW, SEC File No. 270-17, OMB Control No.
3235-0018.
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'') is soliciting comments on the existing
collection of information provided for in Rule 15b6-1 (17 CFR 240.15b6-
1), under the Securities Exchange Act of 1934 (15 U.S.C 78a et seq.).
The Commission plans to submit this existing collection of information
to the Office of Management and Budget (``OMB'') for extension and
approval.
Registered broker-dealers use Form BDW (17 CFR 249.501a) to
withdraw from registration with the Commission, the self-regulatory
organizations, and the states. On average, the Commission estimates
that it would take a broker-dealer approximately one hour to complete
and file a Form BDW to withdraw from Commission registration as
required by Rule 15b6-1. The Commission estimates that approximately
488 broker-dealers withdraw from Commission registration annually \1\
and, therefore, file a Form BDW via the internet with the Central
Registration Depository, a computer system operated by the Financial
Industry Regulatory Authority, Inc. that maintains information
regarding registered broker-dealers and their registered personnel. The
488 broker-dealers that withdraw from registration by filing Form BDW
would incur an aggregate annual reporting burden of approximately 488
hours.\2\
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\1\ This estimate is based on Form BDW data collected over the
past three years for fully registered broker- dealers. In fiscal
year (from 10/1 through 9/30) 2011, 524 broker-dealers withdrew from
registration. In fiscal year 2012, 428 broker-dealers withdrew from
registration. In fiscal year 2013, 513 broker-dealers withdrew from
registration. (524 + 428 + 513)/3 = 488.
\2\ (488 x 1 hour) = 488 hours.
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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
estimates 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.
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.
Please direct your written comments to: Thomas Bayer, Chief
Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 100 F Street NE., Washington, DC 20549, or send an email
to: [email protected].
Dated: April 2, 2014.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-07997 Filed 4-9-14; 8:45 a.m.]
BILLING CODE 8011-01-P