18410 Federal Register / Vol. 74, No. 76 / Wednesday, April 22, 2009 / Notices 

Exchange Act of 1934 (15 U.S.C. 78a et 

seq.). 

Rule 15g–5 requires brokers and 

dealers to disclose to customers the 

amount of compensation to be received 

by their sales agents in connection with 

penny stock transactions. The purpose 

of the rule is to increase the level of 

disclosure to investors concerning 

penny stocks generally and specific 

penny stock transactions. 

The Commission estimates that 

approximately 240 broker-dealers will 

spend an average of 100 hours annually 

to comply with the rule. Thus, the total 

compliance burden is approximately 

24,000 burden-hours per year. 

Rule 15g–5 contains record retention 

requirements. Compliance with the rule 

is mandatory. An agency may not 

conduct or sponsor, and a person is not 

required to respond to, a collection of 

information unless it displays a 

currently valid control number. 

Comments should be directed to: (i) 

Desk Officer for the Securities and 

Exchange Commission, Office of 

Information and Regulatory Affairs, 

Office of Management and Budget, 

Room 10102, New Executive Office 

Building, Washington, DC 20503 or by 

sending an e-mail to: 

Shagufta_Ahmed@omb.eop.gov; and (ii) 

Charles Boucher, Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o Shirley 

Martinson, 6432 General Green Way, 

Alexandria, VA 22312 or send an e-mail 

to PRA_Mailbox@sec.gov. Comments 

must be submitted within 30 days of 

this notice. 

April 15, 2009. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E9–9162 Filed 4–21–09; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Submission for OMB Review; 

Comment Requested 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549–0213. 

Extension: 

Rule 15g–6; OMB Control No. 3235–0395; 

SEC File No. 270–349. 

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’’) has submitted to the 

Office of Management and Budget a 

request for extension of the existing 

collection of information provided for in 

the following rule: Rule 15g–6— 

Account statements for penny stock 

customers (17 CFR 240.15g–6) under the 

Securities Exchange Act of 1934 (15 

U.S.C. 78a et seq.). 

Rule 15g–6 requires brokers and 

dealers that sell penny stocks to provide 

their customers monthly account 

statements containing information with 

regard to the penny stocks held in 

customer accounts. The purpose of the 

rule is to increase the level of disclosure 

to investors concerning penny stocks 

generally and specific penny stock 

transactions. 

The Commission estimates that 

approximately 240 broker-dealers will 

spend an average of 90 hours annually 

to comply with this rule. Thus, the total 

compliance burden is approximately 

21,600 burden-hours per year. 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless it displays a currently valid 

control number. 

Comments should be directed to: (i) 

Desk Officer for the Securities and 

Exchange Commission, Office of 

Information and Regulatory Affairs, 

Office of Management and Budget, 

Room 10102, New Executive Office 

Building, Washington, DC 20503 or by 

sending an e-mail to: 

Shagufta_Ahmed@omb.eop.gov; and (ii) 

Charles Boucher, Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o Shirley 

Martinson, 6432 General Green Way, 

Alexandria, VA 22312 or send an e-mail 

to PRA_Mailbox@sec.gov. Comments 

must be submitted within 30 days of 

this notice. 

Dated: April 15, 2009. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E9–9163 Filed 4–21–09; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Submission for OMB Review; 

Comment Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549–0213. 

Extension: 

Rule 15g–4; OMB Control No. 3235–0393; 

SEC File No. 270–347. 

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’’) has submitted to the 

Office of Management and Budget a 

request for extension of the existing 

collection of information provided for in 

the following rule: Rule 15g–4— 

Disclosure of compensation to brokers 

or dealers (17 CRF 240.15g–4) under the 

Securities Exchange Act of 1934 (15 

U.S.C. 78a et seq.). 

Rule 15g–4 requires brokers and 

dealers effecting transactions in penny 

stocks for or with customers to disclose 

the amount of compensation received by 

the broker-dealer in connection with the 

transaction. The purpose of the rule is 

to increase the level of disclosure to 

investors concerning penny stocks 

generally and specific penny stock 

transactions. 

The Commission estimates that 

approximately 240 broker-dealers will 

spend an average of 100 hours annually 

to comply with the rule. Thus, the total 

compliance burden is approximately 

24,000 burden-hours per year. 

Rule 15g–4 contains record retention 

requirements. Compliance with the rule 

is mandatory. The required records are 

available only to the examination staff 

of the Commission and the selfregulatory organization of which the 

broker or dealer is a member. An agency 

may not conduct or sponsor, and a 

person is not required to respond to, a 

collection of information unless it 

displays a currently valid control 

number. 

Comments should be directed to: (i) 

Desk Officer for the Securities and 

Exchange Commission, Office of 

Information and Regulatory Affairs, 

Office of Management and Budget, 

Room 10102, New Executive Office 

Building, Washington, DC 20503 or by 

sending an e-mail to: 

Shagufta_Ahmed@omb.eop.gov; and (ii) 

Charles Boucher, Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o Shirley 

Martinson, 6432 General Green Way, 

Alexandria, VA 22312 or send an e-mail 

to PRA_Mailbox@sec.gov. Comments 

must be submitted within 30 days of 

this notice. 

Dated: April 15, 2009. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E9–9161 Filed 4–21–09; 8:45 am] 

BILLING CODE 8010–01–P 


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