Federal Register #2026-21633

SEC Seeks Comments on Continuing Rule 15c2-7 Information Collection

The Securities and Exchange Commission (SEC) is seeking public comments on continuing its Rule 15c2-7 information collection. - Government buyer: Securities and Exchange Commission (SEC); the notice concerns SEC information-collection requirements and anticipated Office of Management and Budget (OMB) approval. - What the rule covers: Certain broker-dealers must disclose specified correspondent relationships or agreements when entering security quotations through an inter-dealer quotation system. The system must make those disclosures public alongside the quotation. - Estimated reporting burden: Approximately 3,253 registered broker-dealers could be respondents; the SEC estimates one filing annually across the industry, taking about 45 seconds to complete. - Procurement status: This is a regulatory comment notice, not a request to buy products or services. No OEMs, vendors, products, or service line items are identified.

Description

The Securities and Exchange Commission is soliciting comments on the existing information collection under Rule 15c2-7 and plans to submit it to the Office of Management and Budget for extension and approval. The rule requires broker-dealers with certain correspondent relationships or agreements to disclose them when entering security quotations through an inter-dealer quotation system; that system must make the disclosures public with the quotation. The SEC estimates approximately 3,253 registered broker-dealers could be respondents and estimates one filing annually across the industry, requiring 45 seconds. Written comments are due December 22, 2026.

View original listing