Federal Register #OMB Control No. 3235-0018

SEC Request for Comment: Extension of Information Collection for Rule 15b6-1 and Form BDW

The Securities and Exchange Commission (SEC) is seeking public comment on the proposed extension of its information collection for Rule 15b6-1 and Form BDW: - Government Buyer: - Securities and Exchange Commission (SEC) - Purpose: - Request for feedback on the continued collection of information from registered broker-dealers withdrawing from registration using Form BDW - Products/Services Requested: - No products or services are being procured; this is a regulatory information collection - OEMs and Vendors: - No OEMs or vendors are mentioned, as this is not a product or service procurement - Key Details: - Approximately 283 broker-dealers are expected to file Form BDW annually - Each submission is estimated to require one hour of reporting burden - The SEC is inviting comments on the necessity, accuracy, and burden of the information collection, as well as suggestions for improvement - Unique Requirements: - Focus is on regulatory compliance and process improvement, not on technical or product specifications

Description

The Securities and Exchange Commission (SEC) is proposing an extension of the existing collection of information related to Rule 15b6-1 and Form BDW. Registered broker-dealers use Form BDW to withdraw from registration with the Commission, self-regulatory organizations, and states. The SEC estimates that approximately 283 broker-dealers withdraw annually, with an average of one hour to complete the form. The notice invites public comment on the extension of this information collection.

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