Federal Register #OMB Control No. 3235-0465

SEC Notice: Public Comment on Rule 104 Information Collection Extension

This notice from the Securities and Exchange Commission (SEC) concerns an extension of information collection requirements under Rule 104 of the Securities Exchange Act of 1934. - Government Buyer: - Securities and Exchange Commission (SEC), Office of FOIA Services - No OEMs or vendors are mentioned; this is not a procurement action - Products/Services Requested: - No products or services are being procured - The notice addresses regulatory requirements for distribution participants to: - Disclose stabilizing transactions in offering materials - Maintain records on syndicate covering transactions and penalty bids - Provide information to Self-Regulatory Organizations (SROs) - Unique/Notable Requirements: - Focuses on information collection and regulatory compliance, not acquisition - Public comments are invited on the information collection request - No purchase quantities, part numbers, or contract value are specified

Description

This notice pertains to the submission for OMB review of the extension of Rule 104 related to agency information collection activities under the Securities Exchange Act of 1934. Rule 104 permits stabilizing by a distribution participant during a distribution with required disclosures to the market and investors. The rule requires disclosure in offering materials of potential stabilizing transactions and maintenance of information regarding syndicate covering transactions and penalty bids. The notice invites public comments on this information collection request.

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