SALES PRACTICE REQUIREMENTS FOR CERTAIN LOW-PRICED SECURITIES -- RULE 15G-9

ICR 199504-3235-004

OMB: 3235-0385

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
3235-0385 199504-3235-004
Historical Active 199205-3235-005
SEC
SALES PRACTICE REQUIREMENTS FOR CERTAIN LOW-PRICED SECURITIES -- RULE 15G-9
Extension without change of a currently approved collection   No
Regular
Approved without change 05/23/1995
Retrieve Notice of Action (NOA) 04/18/1995
  Inventory as of this Action Requested Previously Approved
05/31/1998 05/31/1998 07/31/1995
62,400 0 0
31,200 0 31,200
0 0 0

RULE 15G-9 REQUIRES A BROKER-DEALER WHO RECOMMENDS A PENNY STOCK TO PERSONS OTHER THAN ESTABLISHED CUSTOMERS TO 1) APPROVE THE CUSTOMER'S ACCOUNT FOR TRANSACTIONS IN PENNY STOCKS BY MAKING A DOCUMENTED SUITABILITY DETERMINATION AND 2) OBTAIN A WRITTEN AGREEMENT TO THE TRANSACTION FROM THE CUSTOMER.

None
None


No

1
IC Title Form No. Form Name
SALES PRACTICE REQUIREMENTS FOR CERTAIN LOW-PRICED SECURITIES -- RULE 15G-9

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 62,400 0 0 62,400 0 0
Annual Time Burden (Hours) 31,200 31,200 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
04/18/1995


© 2024 OMB.report | Privacy Policy