Rule 15c3-1 Paperwork Reduction Act Extension Comment Request

FR: Securities and Exchange Commission

Published April 1st, 2026

Detected April 1st, 2026

Summary

The SEC published a notice requesting public comments on extending OMB Control No. 3235-0200, which covers the information collection requirements of Rule 15c3-1 under the Securities Exchange Act of 1934. Rule 15c3-1 requires broker-dealers to maintain sufficient liquid assets to meet current liabilities and customer claims. The SEC estimates broker-dealer respondents incur approximately 67,773 hours of annual time burden and $133,867 in aggregate annual costs to comply. Comments are due by June 1, 2026.

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What changed

The SEC is soliciting comments on the extension of an existing information collection under Rule 15c3-1 (17 CFR 240.15c3-1), the net capital rule for broker-dealers. The rule requires broker-dealers to maintain sufficient liquid assets at all times to meet current liabilities, particularly customer claims, facilitating financial condition monitoring by the SEC and self-regulatory organizations. Comments are invited on four topics: necessity for proper SEC functions, accuracy of burden estimates, ways to enhance quality and utility, and ways to minimize burden through automation or electronic collection techniques.

Broker-dealers subject to Rule 15c3-1 should review the notice and submit written comments to SEC by June 1, 2026. Comments should be directed to Austin Gerig, Director/Chief Data Officer, via email at PaperworkReductionAct@sec.gov or by mail to the SEC's Washington, DC office. This is a routine PRA extension request with no new compliance obligations—the SEC will submit the collection to OMB for extension and approval following the comment period.

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Notice

Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 15c3-1

A Notice by the Securities and Exchange Commission on 04/01/2026

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Public Inspection Published Document: 2026-06236 (91 FR 16252) Document Headings ###### Securities and Exchange Commission

[OMB Control No. 3235-0200] 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 (44 U.S.C. 3501 et seq.) (“PRA”), the Securities and Exchange Commission (“Commission”) is soliciting comments on the existing collection of information provided for in Rule 15c3-1 (17 CFR 240.15c3-1), 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 15c3-1 requires brokers-dealers to have at all times sufficient liquid assets to meet their current liabilities, particularly the claims of customers. The rule facilitates the monitoring of the financial condition of broker-dealers by the Commission and the various self-regulatory organizations. It is estimated that broker-dealer respondents registered with the Commission and subject to the collection of information requirements of Rule 15c3-1 incur an aggregate annual time burden of approximately 67,773 hours to comply with this rule and an aggregate annual cost burden of approximately $133,867.

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.

Please direct your written comment to Austin Gerig, Director/Chief Data Officer, Securities and Exchange Commission, c/o Tanya Ruttenberg, 100 F Street NE, Washington, DC 20549 and send it by email to PaperworkReductionAct@sec.gov within 60 days of publication of this notice, by June 1, 2026.

Dated: March 27, 2026.

Sherry R. Haywood,

Assistant Secretary.

[FR Doc. 2026-06236 Filed 3-31-26; 8:45 am]

BILLING CODE 8011-01-P

Published Document: 2026-06236 (91 FR 16252)