Publication or Submission of Quotations Without Current Information -- Rule 15c2-11, 17 CFR 240.15c2-11

ICR 199802-3235-005

OMB: 3235-0202

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
ICR Details
3235-0202 199802-3235-005
Historical Active 199612-3235-014
SEC
Publication or Submission of Quotations Without Current Information -- Rule 15c2-11, 17 CFR 240.15c2-11
Revision of a currently approved collection   No
Regular
Approved without change 03/30/1998
Retrieve Notice of Action (NOA) 02/25/1998
  Inventory as of this Action Requested Previously Approved
04/30/2000 04/30/2000 03/31/2000
34,263 0 970
176,604 0 13,580
115,000 0 271,600,000

Rule 15c2-11 is intended to prohibit broker-dealers from establishing arbitrary quotations for infrequently traded over-the-counter securities and from fraudulent or manipulative trading of the securities of shell corporations by requiring broker-dealers to: 1) Review information about the issuer when they first publish or resume publishing a quotation for a covered security; 2) document that review; 3) annually update the information if they publish priced quotations; and 4) make the information to other persons upon request.

None
None


No

1
IC Title Form No. Form Name
Publication or Submission of Quotations Without Current Information -- Rule 15c2-11, 17 CFR 240.15c2-11

  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 34,263 970 0 33,293 0 0
Annual Time Burden (Hours) 176,604 13,580 0 163,024 0 0
Annual Cost Burden (Dollars) 115,000 271,600,000 0 -156,000 -271,329,000 0
Yes
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.
02/25/1998


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