
[Federal Register Volume 88, Number 200 (Wednesday, October 18, 2023)]
[Notices]
[Page 71917]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-22921]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-418, OMB Control No. 3235-0485]


Proposed Collection; Comment Request; Extension: Rule 15c2-1

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

    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'') is soliciting comments on the existing 
collection of information provided for in Rule 15c2-1, (17 CFR 
240.15c2-1), under the Securities Exchange Act of 1934 (15 U.S.C. 78a 
et seq.). The Commission plans to submit this existing collection of 
information to the Office of Management and Budget (``OMB'') for 
extension and approval.
    Rule 15c2-1 prohibits broker-dealers from commingling under the 
same lien securities of their margin customers with securities of the 
broker-dealer and those of other customers without their written 
consent. The rule also prohibits the re-hypothecation of customers' 
margin securities for a sum in excess of the customer's aggregate 
indebtedness. Respondents must collect information necessary to prevent 
the re-hypothecation of customer securities, issue and retain copies of 
notices of hypothecation of customer securities, and collect written 
consents from customers.
    There are approximately 59 respondents. Each of these respondents 
makes an estimated 45 responses per year and each response takes 
approximately 0.5 hours to complete, resulting in an industry-wide 
annual burden of approximately 1,327 hours.
    Written comments are invited on: (a) whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the Commission, including whether the information 
shall have practical utility; (b) the accuracy of the Commission's 
estimates of the burden of the proposed collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information 
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 by 
December 18, 2023.
    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.
    Please direct your written comments to: David Bottom, Director/
Chief Information Officer, Securities and Exchange Commission, c/o John 
Pezzullo, 100 F Street NE, Washington, DC 20549, or send an email to: 
[email protected].

    Dated: October 12, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-22921 Filed 10-17-23; 8:45 am]
BILLING CODE 8011-01-P


