Rule 15c2-11, 17 CFR 240.15c2-11 (Publication or submission of quotations without current information)

ICR 200203-3235-005

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 200203-3235-005
Historical Active 199903-3235-003
SEC
Rule 15c2-11, 17 CFR 240.15c2-11 (Publication or submission of quotations without current information)
Extension without change of a currently approved collection   No
Regular
Approved without change 05/30/2002
Retrieve Notice of Action (NOA) 03/25/2002
In accordance with 5 CFR 1320, this information collection is approved. A regulatory exemption is a program change. The agency should submit a correction worksheet to accurately update the burden accounting associated with this information collection.
  Inventory as of this Action Requested Previously Approved
05/31/2005 05/31/2005 05/31/2002
14,240 0 16,248
125,998 0 186,896
500,000 0 500,000

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 available to other persons upon request.

None
None


No

1
IC Title Form No. Form Name
Rule 15c2-11, 17 CFR 240.15c2-11 (Publication or submission of quotations without current information)

  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 14,240 16,248 0 0 -2,008 0
Annual Time Burden (Hours) 125,998 186,896 0 0 -60,898 0
Annual Cost Burden (Dollars) 500,000 500,000 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.
03/25/2002


© 2024 OMB.report | Privacy Policy