Document ID: SEC-2006-1412-0001
Agency: sec
Document Type: Notice
Title: Agency information collection activities; proposals, submissions, and approvals
Posted Date: 2006-11-01T05:00Z

[Federal Register: November 1, 2006 (Volume 71, Number 211)]
[Notices]               
[Page 64322]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr01no06-127]                         

=======================================================================
-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

 
Submission for OMB Review; Comment Request

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

Extension: Rule 15c3-1; SEC File No. 270-197; OMB Control No. 3235-
0200.

    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 (``OMB'') a request for extension of the previously approved 
collection of information discussed below.
    Rule 15c3-1 (17 C.F.R. 240.15c3-1) under the Securities Exchange 
Act of 1934 requires brokers and dealers to have at all times 
sufficient liquid assets to meet their current liabilities, 
particularly the claims of customers. The rule facilitates monitoring 
the financial condition of brokers and dealers by the Commission and 
the various self-regulatory organizations. It is estimated that 
approximately 6,100 broker-dealer respondents registered with the 
Commission incur an aggregate burden of 88,181 hours per year to comply 
with this rule. Finally, the estimated cost for the annual hour burden 
for Rule 15c3-1 is approximately $22.7 million.
    Rule 15c3-1 does not contain record retention requirements. 
Compliance with the rule is mandatory. The required records are 
available only to the examination staff of the Commission and the self-
regulatory organization of which the broker-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: 
David_Rostker@omb.eop.gov; and (ii) R. Corey Booth, Director/Chief 

Information Officer, Securities and Exchange Commission, c/o Shirley 
Martinson, 6432 General Green Way, Alexandria, Virginia 22312 or send 
an e-mail to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB 
within 30 days of this notice.

    Dated: October 23, 2006.
Nancy M. Morris,
Secretary.
 [FR Doc. E6-18350 Filed 10-31-06; 8:45 am]

BILLING CODE 8011-01-P