Rule 15g-4; Disclosure of compensation to brokers or dealers

ICR 201412-3235-013

OMB: 3235-0393

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2015-06-04
IC Document Collections
ICR Details
3235-0393 201412-3235-013
Historical Active 201202-3235-001
SEC TM-270-347
Rule 15g-4; Disclosure of compensation to brokers or dealers
Extension without change of a currently approved collection   No
Regular
Approved without change 10/22/2015
Retrieve Notice of Action (NOA) 06/04/2015
  Inventory as of this Action Requested Previously Approved
10/31/2018 36 Months From Approved 10/31/2015
1,154,725 0 1,092,025
19,245 0 18,200
0 0 0

Rule 15g-4 (17 CFR 240.15g-4) requires brokers and dealers effecting transactions in penny stocks for or with customers to disclose the amount of compensation received by the broker- dealer in connection with the transaction.

US Code: 15 USC 78o(g), and 78w(a) Name of Law: Sections 15(g) and 23(a) of the Securities Exchange Act of 1934
   US Code: 15 USC 78c(a)(51)(B), 78c(b), 78o(c) Name of Law: Sections 3(a)(51)(B), 3(b), 15(c) of the Securities Exchange Act of 1934
  
None

Not associated with rulemaking

  80 FR 1054 01/08/2015
80 FR 14427 03/19/2015
No

1
IC Title Form No. Form Name
Rule 15g-4; Disclosure of compensation to brokers or dealers

  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 1,154,725 1,092,025 0 0 62,700 0
Annual Time Burden (Hours) 19,245 18,200 0 0 1,045 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The annual time burden of compliance has increased from approximately 18,200 hours to approximately 19,245 hours due to a change in the methodology for estimating the number of broker-dealers affected. We previously estimated that 209 broker-dealers were subject to the penny stock rules. We now estimate that there are approximately 221 broker-dealers subject to the penny stock rules.

$0
No
No
No
No
No
Uncollected
Timothy White 202 551-7232

  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.
06/04/2015


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