[Federal Register: October 12, 1999 (Volume 64, Number 196)]
[Notices]               
[Page 55315-55316]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr12oc99-168]                         

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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-421]

 
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 15c2-8
    SEC File No. 270-421
    OMB Control No. 3235-0481

    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

[[Page 55316]]

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.

<bullet> Rule 15c2-8 Delivery of Prospectus

    Rule 15c2-8 requires broker-dealers to deliver preliminary or final 
prospectuses to specified persons in association with securities 
offerings. This requirement ensures that information concerning issuers 
flows to purchasers of the issuers' securities in a timely fashion. 
There are approximately 8,500 broker-dealers, any of which potentially 
may participate in an offering subject to Rule 15c2-8. The Commission 
estimates that Rule 15c2-8 creates approximately 50,000 burden hours 
with respect to 650 initial public offerings and 1,750 other offerings.
    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 estimates 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 Michael E. Bartell, 
Associate Executive Director, Office of Information Technology, 
Securities and Exchange Commission, 450 5th Street, N.W., Washington, 
DC 20549.

    Dated: September 30, 1999.
Jonathan G. Katz,
Secretary.
[FR Doc. 99-26522 Filed 10-8-99; 8:45 am]
BILLING CODE 8010-01-M