Federal Register #OMB Control No. 3235-0810

SEC Seeks Comment on Extension of Rule 15c6-2 Information Collection Requirements

The United States Securities and Exchange Commission (SEC) is seeking public comment on the proposed extension of an approved information collection under Rule 15c6-2. - Government Buyer: - United States Securities and Exchange Commission (SEC) - Purpose: - Extension of information collection requirements related to Rule 15c6-2 - Rule 15c6-2 covers reporting and recordkeeping for broker-dealers involved in the allocation, confirmation, or affirmation of securities transactions to ensure timely settlement - Requirements: - Broker-dealers must maintain written policies and procedures for settlement processes - Monitoring and documentation of settlement activities are required - Compliance with recordkeeping obligations is emphasized - The SEC is evaluating the necessity, accuracy, and burden of these requirements - No OEMs or vendors are mentioned, as this is a regulatory notice, not a procurement - No products or services are being requested or procured

Description

This notice pertains to the extension of a currently approved information collection by the Securities and Exchange Commission (SEC) related to Rule 15c6-2. The rule involves certain reporting and recordkeeping requirements for broker-dealers engaging in the allocation, confirmation, or affirmation process to achieve settlement of securities transactions. The SEC is seeking public comments to evaluate the necessity, accuracy, and burden of this information collection. The collection aims to ensure timely completion of the allocation, confirmation, and affirmation process for institutional transactions. The notice invites comments on the proposed extension as part of the SEC's regulatory process.

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