8011-01P
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-348, OMB Control No. 3235-0394]
Proposed Collection; Comment Request; Extension: Rule 15g-5
Upon Written Request, Copies Available From:
Securities and Exchange 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 (“PRA”) (44
U.S.C. 3501 et seq.), the Securities and Exchange Commission ("Commission") is soliciting
comments on the existing collection of information provided for in Rule 15g-5 -- Disclosure of
Compensation to Associated Persons in Connection with Penny Stock Transactions -- (17 CFR
240.15g-5) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.). The Commission
plans to submit this existing collection of information to the Office of Management and Budget
(“OMB”) for extension and approval.
Rule 15g-5 requires brokers and dealers to disclose to customers the amount of
compensation to be received by their sales agents in connection with penny stock transactions. The
purpose of the rule is to increase the level of disclosure to investors concerning penny stocks
generally and specific penny stock transactions.
The Commission estimates that approximately 170 broker-dealers will spend an average of
approximately 87 hours annually to comply with the rule. Thus, the total time burden is
approximately 14,790 hours per year.
Written comments are invited on: (a) whether the proposed collection of information is
necessary for the proper performance of the functions of the Commission, including whether the
information shall have practical utility; (b) the accuracy of the Commission's estimates of the

burden of the proposed collection of information; (c) ways to enhance the quality, utility, and
clarity of the information 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 by [INSERT DATE 60 DAYS AFTER DATE OF PUBLICATION OF
THIS NOTICE IN THE FEDERAL REGISTER].
An agency may not conduct or sponsor, and a person is not required to respond to, a
collection of information under the PRA unless it displays a currently valid OMB control
number.
Please direct your written comments to: David Bottom, Director/Chief Information
Officer, Securities and Exchange Commission, c/o John Pezzullo, 100 F Street, NE, Washington,
DC 20549, or send an e-mail to: PRA_Mailbox@sec.gov.
Dated: June 5, 2024.
Sherry R. Haywood,
Assistant Secretary.

[FR Doc. 2024-12672 Filed: 6/10/2024 8:45 am; Publication Date: 6/11/2024]