00-511. Request for Public Comment

[Federal Register Volume 65, Number 6 (Monday, January 10, 2000)]
[Notices]
[Page 1418]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-511]


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SECURITIES AND EXCHANGE COMMISSION


Request for Public Comment

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, DC 
20549

Extension:
    Rule 15g-3, SEC File No. 270-346, OMB Control No. 3235-0392
    Rule 15g-6, SEC File No. 270-349, OMB Control No. 3235-0395

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') is publishing the following summary of 
collections for public comment.
    Rule 15g-3 requires that brokers and dealers disclose to customers 
current quotation prices or similar market information in connection 
with transactions in penny stocks. It is estimated that approximately 
270 respondents incur an average burden of 100 hours annually to comply 
with the rule.
    Rule 15g-6 requires brokers and dealers that sell penny stocks to 
their customers to provide monthly account statements containing 
information with regard to the penny stocks held in customer accounts. 
It is estimated that approximately 270 respondents incur an average 
burden of 90 hours annually to comply with the rule.
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information shall 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the proposed collection of information; (c) ways to 
enhance the quality, utility, and clarity of the information to be 
collected; and (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology. 
Consideration will be given to comments and suggestions submitted in 
writing within 60 days of this publication.
    Direct your written comments to Michael E. Bartell, Associate 
Executive Director, Office of Information Technology, Securities and 
Exchange Commission, 450 5th Street, NW, Washington, DC 20549.

    Dated: December 30, 1999.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 00-511 Filed 1-7-00; 8:45 am]
BILLING CODE 8010-01-M