Federal Register #OMB Control No. 3235-0743

SEC Request for Public Comment on Extension of Information Collection: Rule 15b9-1

The Securities and Exchange Commission (SEC) is seeking public comment on the extension of an information collection related to Rule 15b9-1 under the Securities Exchange Act of 1934. - Government Buyer: - Securities and Exchange Commission (SEC) - Products/Services Requested: - Information collection compliance services related to Rule 15b9-1 - Establishment, maintenance, and enforcement of written policies and procedures for brokers or dealers relying on the stock-option order exemption - Compliance reporting and recordkeeping - OEMs and Vendors: - No specific OEMs or vendors are mentioned, as this is a regulatory information collection notice - Unique or Notable Requirements: - Brokers or dealers must have written policies and procedures to ensure compliance with the exemption - The SEC is seeking feedback on the necessity, accuracy, and burden of the information collection, as well as suggestions for improvement - Estimated initial and ongoing annual reporting burdens are provided for affected entities - No procurement of physical products or technology solutions is involved; this is a regulatory compliance and reporting requirement

Description

This notice from the Securities and Exchange Commission (SEC) pertains to the extension of a currently approved information collection associated with Rule 15b9-1. It invites public comment on the proposed extension and outlines the requirements for brokers or dealers regarding membership in a registered national securities association. The rule includes provisions for exemptions and requires brokers or dealers relying on certain exemptions to establish, maintain, and enforce written policies and procedures. The notice also estimates the reporting burden for affected entities and solicits comments on the collection of information.

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