Rule 15c2-2 Confirmation of transactions in open-end management investment company shares, unit investment trust interests and municipal fund securities used for education savings.

Forms and Documents

Document Name	Status
Rule 15c2-2 just 2007.doc Supporting Statement A	2007-06-04

IC Document Collections

IC ID	Document Title	Status
35460	Rule 15c2-2 Confirmation of transactions in open-end management investment company shares, unit investment trust interests and municipal fund securities used for education savings.	Modified

ICR Details

OMB Control No: 3235-0598	ICR Reference No: 200703-3235-013
Status: Historical Inactive	Previous ICR Reference No: 200402-3235-003
Agency/Subagency: SEC	Agency Tracking No: 270-538
Title: Rule 15c2-2 Confirmation of transactions in open-end management investment company shares, unit investment trust interests and municipal fund securities used for education savings.
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Withdrawn and continue	Conclusion Date: 08/21/2007
	Date Received in OIRA: 06/09/2007
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	05/31/2007	36 Months From Approved	07/31/2009
Responses	1,000,000,000	0	1,000,000,000
Time Burden (Hours)	18,700,000	0	18,700,000
Cost Burden (Dollars)	1,150,000,000	0	1,150,000,000

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Abstract: Rule 15c2-2 would require specific confirmation disclosure of information about front-end and deferred sales fees and other distribution-related costs. It also would require brokers, dealers and municipal securities dealers to disclose their compensation for selling those securities, and to disclose information about revenue sharing arrangements and portfolio brokerage arrangements that create conflicts of interest for them, and would require brokers, dealers and municipal securities dealers to inform customers about whether their associated persons receive extra compensation for selling certain fund share

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Authorizing Statute(s): US Code: 15 USC 78a Name of Law: Securities Exchange Act of 1934
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 15917	04/04/2007
30-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 32149	06/09/2007
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Rule 15c2-2 Confirmation of transactions in open-end management investment company shares, unit investment trust interests and municipal fund securities used for education savings.

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Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 06/09/2007

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