Rule 15g-9, Sales Practice Requirements for Certain Low-Priced Securities

ICR 200804-3235-005

OMB: 3235-0385

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2008-06-24
IC Document Collections
ICR Details
3235-0385 200804-3235-005
Historical Active 200507-3235-001
SEC 270-325
Rule 15g-9, Sales Practice Requirements for Certain Low-Priced Securities
Extension without change of a currently approved collection   No
Regular
Approved without change 08/05/2008
Retrieve Notice of Action (NOA) 06/24/2008
  Inventory as of this Action Requested Previously Approved
08/31/2011 36 Months From Approved 09/30/2008
37,440 0 37,440
25,896 0 25,896
0 0 0

Rule 15g-9 requires broker-dealers to produce a written suitability determination for, and to obtain a written customer agreement to, certain recommended transactions in low priced securities that are not registered on a national securities exchange or authorized for trading on NASDAQ, and whose issuers do not meet certain minimum financial standards.

US Code: 15 USC 78c(b), 78o(c), 78o(g) and 78w Name of Law: Sections 2, 3(b), 15B, 15(c), 15(g), 17 and 23(a) of the Securities Exchange Act of 1934.
  
None

Not associated with rulemaking

  17 FR 20975 04/17/2008
73 FR 35425 06/23/2008
No

1
IC Title Form No. Form Name
Rule 15g-9, Sales Practice Requirements for Certain Low-Priced Securities

  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 37,440 37,440 0 0 0 0
Annual Time Burden (Hours) 25,896 25,896 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Tim Cornell 2025515735

  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.
06/24/2008


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