Document ID: SEC-2020-0768-0002
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2020-07-22T04:00Z

[Federal Register Volume 85, Number 141 (Wednesday, July 22, 2020)]
[Notices]
[Pages 44332-44333]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-15797]

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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-17, OMB Control No. 3235-0018

Submission for OMB Review; Comment Request]

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 
20549-2736

Extension:
    Rule 15b6-1 and Form BDW

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 (``PRA'') (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 approval of extension of 
the previously approved collection of information provided for in Rule 
15b6-1 (17 CFR 240.15b6-1), under the Securities Exchange Act of 1934 
(15 U.S.C. 78a et seq.).
    Registered broker-dealers use Form BDW (17 CFR 249.501a) to 
withdraw from registration with the Commission, the self-regulatory 
organizations, and the states. On average, the Commission estimates 
that it would take a broker-dealer approximately one hour to complete 
and file a Form BDW to withdraw from Commission registration as 
required by Rule 15b6-1. The Commission estimates that approximately 
317 broker-dealers withdraw from Commission registration annually \1\ 
and, therefore, file a Form BDW via the internet with the Central 
Registration Depository, a computer system operated by the Financial 
Industry Regulatory Authority, Inc. that maintains information 
regarding registered broker-dealers and their registered personnel. The 
317 broker-dealers that withdraw from registration by filing Form BDW 
would incur an aggregate annual reporting burden of approximately 317 
hours.\2\
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    \1\ This estimate is based on Form BDW data collected over the 
past three years for fully registered broker-dealers. This estimate 
is based on the numbers of forms filed; therefore, the number may 
include multiple forms per broker-dealer if the broker-dealer's 
initial filing was incomplete. In fiscal year (from 10/1 through 9/
30) 2017, 328 broker-dealers withdrew from registration. In fiscal 
year 2018, 328 broker-dealers withdrew from registration. In fiscal 
year 2019, 296 broker-dealers withdrew from registration. (328 + 328 
+ 296) / 3 = 317 (rounded down from 317.33).
    \2\ (317 x 1 hour) = 317 hours.
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    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information under the PRA unless it 
displays a currently valid OMB control number.
    The public may view background documentation for this information 
collection at the following website: www.reginfo.gov.
    Find this particular information collection by selecting 
``Currently under 30-day Review--Open for Public Comments'' or by using 
the search function. Written comments and recommendations for the 
proposed information collection should be sent within 30 days of 
publication of this notice to (i) www.reginfo.gov/public/do/PRAMain and 
(ii) David Bottom,

[[Page 44333]]

Director/Chief Information Officer, Securities and Exchange Commission, 
c/o Cynthia Roscoe, 100 F Street NE, Washington, DC 20549, or by 
sending an email to: PRA_Mailbox@sec.gov.

    Dated: July 16, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-15797 Filed 7-21-20; 8:45 am]
BILLING CODE 8011-01-P