Rule 15c2-12 is intended to enhance disclosure, and thereby reduce fraud, in the municipal securities market by establishing standards for obtaining, reviewing, and disseminating information about municipal securities by their underwriters.
US Code:
15 USC 78o(c)
Name of Law: Securities Exchange Act of 1934
The Commission adopted amendments to Exchange Act Rule 15c2-12. As discussed in the supporting statement, the Commission added new paragraphs (15) and (16) to Rule 15c2-12(b)(5)(i)(C). The burden increase due to agency discretion reflects the increased burden and cost as a result of these new paragraphs.
$6,900
No
No
No
No
No
No
Uncollected
Mary Simpkins 202 551-5683
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.
PRA Supporting Statement (Rule 15c2-12 - FINAL).pdf
Issuers Annual Filing Third-Party Disclosure