[Federal Register Volume 64, Number 224 (Monday, November 22, 1999)]
[Notices]
[Pages 63832-63833]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-30316]
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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 15c1-7, SEC File No. 270-146, OMB Control No. 3235-0134
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 soliciting comments on the collections
of information summarized below. The Commission plans to submit this
existing collection of information to the Office of Management and
Budget for extension and approval.
Rule 15c1-7 provides that any act of a broker-dealer designed to
effect securities transactions with or for a customer account over
which the broker-dealer (directly or through an agent or employee) has
discretion will be considered a fraudulent, manipulative, or deceptive
practice under the federal securities laws, unless a record is made of
the transaction immediately by the broker-dealer. The record must
include (a) the name of the customer, (b) the name, amount, and price
of the security, and (c) the date and time when such transaction took
place. The Commission estimates that 500 respondents collect
information annually under Rule 15c1-7 and that approximately 33,333
hours would be required annually for these collections.
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.
[[Page 63833]]
Dated: November 15, 1999.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 99-30316 Filed 11-19-99; 8:45 am]
BILLING CODE 8010-01-M
