Rule 15c1-5 (17 CFR 240.15c1-5) Disclosure of Control

ICR 202008-3235-017

OMB: 3235-0471

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2021-01-14
Supplementary Document
2021-01-14
Supporting Statement A
2020-10-15
IC Document Collections
IC ID
Document
Title
Status
35183
Modified
ICR Details
3235-0471 202008-3235-017
Received in OIRA 201709-3235-004
SEC TM 270-422
Rule 15c1-5 (17 CFR 240.15c1-5) Disclosure of Control
Extension without change of a currently approved collection   No
Regular 01/14/2021
  Requested Previously Approved
36 Months From Approved 04/30/2021
181 197
1,810 1,970
0 0

Rule 15c1-5 states that any broker-dealer controlled by, controlling, or under common control with the issuer of a security that the broker-dealer is trying to sell to or buy from a customer must give the customer written notification disclosing the control relationship at or before completion of the transaction.

US Code: 15 USC 78o(c)(2), 78w(a) Name of Law: Sections 15(c)(2) and 23(a) of the Securities Exchange Act of 1934
  
None

Not associated with rulemaking

  85 FR 71383 11/09/2020
86 FR 3217 01/14/2021
No

1
IC Title Form No. Form Name
Rule 15c1-5 (17 CFR 240.15c1-5) Disclosure of Control.

  Total Request 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 181 197 0 0 -16 0
Annual Time Burden (Hours) 1,810 1,970 0 0 -160 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The estimated burden of collecting information pursuant to Rule 15c1-5 has decreased slightly from 1,970 hours per year to 1,810 hours per year because of a reduction in the number of broker-dealers affected by the rule.

$0
No
    No
    No
No
No
No
No
Jane Wetterau 202 551-4483

  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.
01/14/2021


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