Proposed 17 CFR 240.11Ac1-7 Trade-Through Disclosure Rule

ICR 200008-3235-008

OMB: 3235-0543

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC ID
Document
Title
Status
35359
Migrated
ICR Details
3235-0543 200008-3235-008
Historical Active
SEC
Proposed 17 CFR 240.11Ac1-7 Trade-Through Disclosure Rule
New collection (Request for a new OMB Control Number)   No
Regular
Approved without change 11/14/2000
Retrieve Notice of Action (NOA) 08/08/2000
  Inventory as of this Action Requested Previously Approved
11/30/2003 11/30/2003
350,000 0 0
5,833 0 0
16,500,000 0 0

The proposed Trade-Through Disclosure Rule would require a broker-dealer who executes a customer's order to buy or sell options at a price inferior to a better published price on another market to disclose the fact of such "trade-through," as well as the better price available, on the customer's confirmation. However a broker-dealer would not be required to make such disclosure if the transaction is effected on a market that participates in an approved intermarket linkage plan incorporating provisions designed to limit when customers' orders might be executed at prices that trade through a better published

None
None


No

1
IC Title Form No. Form Name
Proposed 17 CFR 240.11Ac1-7 Trade-Through Disclosure Rule

  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 350,000 0 0 350,000 0 0
Annual Time Burden (Hours) 5,833 0 0 5,833 0 0
Annual Cost Burden (Dollars) 16,500,000 0 0 16,500,000 0 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.
08/08/2000


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