[Federal Register Volume 90, Number 149 (Wednesday, August 6, 2025)]
[Notices]
[Pages 37929-37930]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-14931]


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SECURITIES AND EXCHANGE COMMISSION

[OMB Control No. 3235-0206]


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Extension: Rule 19d-1

Upon Written Request, Copies Available From: Securities and Exchange

[[Page 37930]]

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 (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (SEC or ``Commission'') is submitting to the Office of 
Management and Budget (``OMB'') this request for an extension of the 
proposed collection of information in Rule 19d-1.
    Rule 19d-1 prescribes the form and content of notices to be filed 
with the Commission by self-regulatory organizations (``SROs'') for 
which the Commission is the appropriate regulatory agency concerning 
the following final SRO actions: (1) disciplinary actions with respect 
to any person; (2) denial, bar, prohibition, or limitation of 
membership, participation or association with a member or of access to 
services offered by an SRO or member thereof; (3) summarily suspending 
a member, participant, or person associated with a member, or summarily 
limiting or prohibiting any persons with respect to access to or 
services offered by the SRO or a member thereof; and (4) delisting a 
security.
    The Rule enables the Commission to obtain reports from the SROs 
containing information regarding SRO determinations to delist a 
security, discipline members or associated persons of members, deny 
membership or participation or association with a member, and similar 
adjudicated findings. The Rule requires that such actions be promptly 
reported to the Commission. The Rule also requires that the reports and 
notices supply sufficient information regarding the background, factual 
basis and issues involved in the proceeding to enable the Commission: 
(1) to determine whether the matter should be called up for review on 
the Commission's own motion; and (2) to ascertain generally whether the 
SRO has adequately carried out its responsibilities under the Exchange 
Act.
    It is estimated that approximately eighteen respondents will 
utilize this application procedure annually, and will file 
approximately 850 submissions, based upon recent data. The Commission 
estimates that the average number of hours necessary to comply with the 
requirements of Rule 19d-1 for each submission is 1 hour. The total 
annual burden for all respondents is thus 850 hours. The Commission 
estimates that the internal compliance cost per respondent is 
approximately $344 per response. The annual internal cost of compliance 
for all respondents is thus approximately $292,400 (17 respondents x 50 
responses x $344 per response).
    The filing of notices pursuant to Rule 19d-1 is mandatory for the 
SROs but does not require the collection of confidential information.
    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 OMB Control Number.
    Written comments are invited on: (a) whether this proposed 
collection of information is necessary for the proper performance of 
the functions of the SEC, including whether the information will have 
practical utility; (b) the accuracy of the SEC's estimate of the burden 
imposed by the proposed collection of information, including the 
validity of the methodology and the assumptions used; (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, 
electronic collection techniques or other forms of information 
technology.
    The public may view and comment on this information collection 
request at: https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202504-3235-004 or email comment to 
[email protected] within 30 days of the day 
after publication of this notice, by September 8, 2025.

    Dated: August 4, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-14931 Filed 8-5-25; 8:45 am]
BILLING CODE 8011-01-P