Federal Register #2026-20145

SEC Request to Extend Rule 15c1-5 Information Collection Approval

The Securities and Exchange Commission (SEC) is seeking continued approval for the information collection required by Rule 15c1-5. - Government entities: The SEC is requesting an extension of approval from the Office of Management and Budget (OMB). - Rule requirement: Broker-dealers affiliated with a security’s issuer must provide customers written disclosure of that control relationship at or before completing a transaction. - Estimated burden: 162 respondents annually, about 10 hours per respondent, and approximately 1,620 total hours per year. - Public input: The notice invites comments on the information collection. - Procurement items: No products, services, vendors, or OEMs are requested.

Description

The Securities and Exchange Commission is submitting a request to the Office of Management and Budget to extend the information collection provided for in Rule 15c1-5. The rule requires broker-dealers controlled by, controlling, or under common control with a security’s issuer to disclose that control relationship to customers in writing at or before the transaction is completed. The Commission estimates 162 respondents annually, each spending approximately 10 hours, for a total annual burden of approximately 1,620 hours. Comments are requested by November 2, 2026.

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