[Federal Register Volume 69, Number 198 (Thursday, October 14, 2004)]
[Notices]
[Page 61060]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E4-2607]


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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 11Ac1-4, SEC File No. 270-405, OMB Control No. 3235-
0462.

    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 11Ac1-4 (17 CFR 240.11Ac1-4) under the Securities Exchange Act 
of 1934 requires specialists and market makers to publicly display a 
customer limit order when that limit order is priced superior to the 
quote that is currently being displayed by the specialist or market 
maker. Customer limit orders that match the bid or offer being 
displayed by the specialist or market maker must also be displayed if 
the limit order price matches the national best bid or offer. It is 
estimated that approximately 585 broker and dealer respondents incur an 
aggregate burden of 228,735 hours per year to comply with this rule.
    Rule 11Ac1-4 does not contain record retention requirements. 
Compliance with the rule is mandatory. Responses are not confidential. 
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.
    General comments regarding the above information should be directed 
to the following persons: (i) Desk Officer for the SEC, by sending an 
e-mail to [email protected], and (ii) R. Corey Booth, 
Director/Chief Information Officer. Comments must be submitted to OMB 
within 30 days of this notice.

    Dated: October 4, 2004.
Margaret H. McFarland,
Deputy Secretary.
 [FR Doc. E4-2607 Filed 10-13-04; 8:45 am]
BILLING CODE 8010-01-P