Rule 15c1-5 states that any
broker-dealer controlled by, controlling, or under common control
with the issuer of a security that the broker-dealer is trying to
sell to or buy from a customer must give the customer written
notification disclosing the control relationship at or before
completion of the transaction.
US Code:
15 USC 78o(c)(2), 78w(a) Name of Law: Sections 15(c)(2) and
23(a) of the Securities Exchange Act of 1934
The estimated burden of
collecting information pursuant to Rule 15c1-5 has decreased
slightly because of a reduction in the number of broker-dealers
affected by the rule.
$0
No
No
No
No
No
Uncollected
Darren Vieira 202 551-5575
vieirad@sec.gov
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.