Rule 301 provides the conditions with
which a broker-dealer alternative trading system must comply.
Initially, all such alternative trading systems must file an
initial operation report which includes information regarding
operation of the system. Such alternative trading systems are also
be required to make quarterly reports of aggregate transaction
data. Certain notice requirements are triggered by alternative
trading system volume such as notification to an investor denied or
limited access to the system and notice to the Commission of
systems' outages.
US Code:
15
USC 78a Name of Law: Securities Exchange Act of 1934
As compared to the costs and
hourly burdens identified in the Commission's 2010 Submission, the
estimated aggregate hourly burden has increased from 1,792.50 hours
to 2,872.50 hours as a result of an increase in the number of ATSs
and a change in the estimate of certain hourly burdens. The
estimated aggregate costs associated with Rule 301 of Regulation
ATS decreased from $158,988.14 to zero because costs had been
estimated improperly in earlier years.
$0
No
No
No
No
No
Uncollected
Ilya Fradkin 202
551-5783
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.