Dissemination of Quotations -- Rule 11Ac1-1

Forms and Documents

Document	Type	Status	Availability
Rule 11Ac1-1 SS 2006.doc	Supporting Statement A	Uploaded 2007-01-04	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
35146	Dissemination of Quotations -- Rule 11Ac1-1		Modified

ICR Details

OMB Control No: 3235-0461	ICR Reference No: 200912-3235-028
Status: Historical Active	Previous ICR Reference No: 200701-3235-002
Agency/Subagency: SEC	Agency Tracking No: TM-270-404
Title: Dissemination of Quotations -- Rule 11Ac1-1
Type of Information Collection: Reinstatement without change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 01/28/2010
Retrieve Notice of Action (NOA)	Date Received in OIRA: 12/29/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2013	36 Months From Approved
Responses	246,788,005	0	0
Time Burden (Hours)	205,486	0	0
Cost Burden (Dollars)	66,000	0	0

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Abstract: Rule 11Ac-1 requires national securities exchanges and registered national securities associations to establish and maintain procedures for collecting from their members bids, offers and quotation sizes for any subject security and for making such information available to quotation vendors. It also requires each exchange specialist and OTC market maker to promptly communicate such information to its exchange, including any priced orders it places in an electronic communications network that would improve its published bid or offer, if that exchange specialist or OTC market maker is responsible for more than 1%

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Authorizing Statute(s): US Code: 15 USC 78a Name of Law: Securities Exchange Act of 1934
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	71 FR 55036	09/20/2006
30-day Notice:	Federal Register Citation:	Citation Date:
	71 FR 70445	12/11/2006
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Dissemination of Quotations -- Rule 11Ac1-1

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ICR Summary of Burden

	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	246,788,005	0	0	246,788,005	0	0
Annual Time Burden (Hours)	205,486	0	0	205,486	0	0
Annual Cost Burden (Dollars)	66,000	0	0	66,000	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: This ICR request is for a reinstatement, and the burdens remain the same as they were when discontinued.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 12/29/2009

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