Rule 103, 17 CFR 242.103 (Nasdaq Passive Market Making)

ICR 201611-3235-050

OMB: 3235-0466

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2017-04-18
IC Document Collections
IC ID
Document
Title
Status
35166
Modified
ICR Details
3235-0466 201611-3235-050
Historical Active 201310-3235-015
SEC TM-270-410
Rule 103, 17 CFR 242.103 (Nasdaq Passive Market Making)
Extension without change of a currently approved collection   No
Regular
Approved without change 08/11/2017
Retrieve Notice of Action (NOA) 04/18/2017
  Inventory as of this Action Requested Previously Approved
08/31/2020 36 Months From Approved 08/31/2017
309 0 255
309 0 255
0 0 0

Rule 103 permits Nasdaq passive market making by a distribution participant during a distribution of such securities, an activity otherwise prohibited pursuant to Rule 101, 17 CFR 242.101. The Commission does not use the information required under this rule. Investors, and the market in general, use the disclosure of passive market making by a distribution participant in evaluating the price of the security in distribution.

US Code: 15 USC 78b, 78c, 78g(c)(2),78i(a),78j Name of Law: Securities Exchange Act of 1934, Sections 2,3,7(c)(2), 9(a), 10
   US Code: 15 USC 77g, 77q(a), 77s(a) Name of Law: Securities Act of 1933, Sections 7, 17(a) and 19(a)
   US Code: 15 USC 78k-1(c),78l,78m,78n,78o(b) Name of Law: Securities Exchange Act of 1934, Sections 11A(c),12,13,14,15(b)
   US Code: 15 USC 78o(c),78o(h),78q(a),78q(b) Name of Law: Securities Exchange Act of 1934, Sections 15(c), 15(h), 17(a), 17(b)
   US Code: 15 USC 78q(h),78w(a),78dd-1,78mm Name of Law: Securities Exchange Act of 1934, Sections 17(h), 23(a), 30A and 36
   US Code: 15 USC 80a-23, 80a-29 and 80a-37 Name of Law: Investment Company Act of 1940, Section 23, 29 and 37
  
None

Not associated with rulemaking

  81 FR 91964 12/19/2016
82 FR 13527 03/13/2017
No

1
IC Title Form No. Form Name
Rule 103, 17 CFR 242.103 (Nasdaq Passive Market Making)

  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 309 255 0 0 54 0
Annual Time Burden (Hours) 309 255 0 0 54 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The increase in annual burden hours from 255 to 309 is due to the increase in the number of firm commitment secondary offerings of Nasdaq securities from 255 to 309.

$0
No
No
No
No
No
Uncollected
Laura Gold 202 551-6508

  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.
04/18/2017


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