[Federal Register Volume 69, Number 118 (Monday, June 21, 2004)]
[Notices]
[Pages 34408-34409]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-13967]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; Comment Request

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


Extension:
    Rule 15a-4, SEC File No. 270-7, OMB Control No. 3235-0010.

    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'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget for extension and approval.
    Rule 15a-4 under the Securities Exchange Act of 1934 (the 
``Exchange Act'') permits a natural person member of a securities 
exchange who terminates his or her association with a registered 
broker-dealer to continue to transact business on the exchange while 
the Commission reviews his or her application for registration as a 
broker-dealer if the exchange files a statement indicating that there 
does not appear to be any ground for disapproving the application. The 
total annual burden imposed by Rule 15a-4 is approximately 106 hours, 
based on approximately 25 responses (25 Respondents x 1 Response/
Respondent),

[[Page 34409]]

each requiring approximately 4.23 hours to complete.
    The Commission uses the information disclosed by applicants in Form 
BD: (1) To determine whether the applicant meets the standards for 
registration set forth in the provisions of the Exchange Act; (2) to 
develop a central information resource where members of the public may 
obtain relevant, up-to-date information about broker-dealers, municipal 
securities dealers and government securities broker-dealers, and where 
the Commission, other regulators and SROs may obtain information for 
investigatory purposes in connection with securities litigation; and 
(3) to develop statistical information about broker-dealers, municipal 
securities dealers and government securities broker-dealers. Without 
the information disclosed in Form BD, the Commission could not 
effectively implement policy objectives of the Exchange Act with 
respect to its investor protection function.
    The statement submitted by the exchange assures the Commission that 
the applicant, in the opinion of the exchange, is qualified to transact 
business on the exchange during the time that the applications are 
reviewed.
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information shall 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the proposed collection of information; (c) ways to 
enhance the quality, utility and clarity of the information to be 
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 in 
writing within 60 days of this publication.
    Please direct your written comments to R. Corey Booth/Chief 
Information Officer, Office of Information Technology, Securities and 
Exchange Commission, 450 Fifth Street, NW., Washington, DC 20549.

    Dated: June 14, 2004.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 04-13967 Filed 6-18-04; 8:45 am]
BILLING CODE 8010-01-P