# 17 C.F.R. § 249.323 (2026): Form 15, certification of termination of registration of a class of security under section 12(g) or notice of suspension of duty to file reports pursuant to sections 13 and 15(d) of the Act

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_323

## Section

- **Citation:** 17 C.F.R. § 249.323 (2026)
- **Heading:** Form 15, certification of termination of registration of a class of security under section 12(g) or notice of suspension of duty to file reports pursuant to sections 13 and 15(d) of the Act
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 17 CFR: Commodity and Securities Exchanges / Chapter II: SECURITIES AND EXCHANGE COMMISSION / Part 249: FORMS, SECURITIES EXCHANGE ACT OF 1934 / Subpart D: Forms for Annual and Other Reports of Issuers and Other Persons Required Under Sections 13, 14A, and 15(d) of the Securities Exchange Act of 1934 / § 249.323: § 249.323   Form 15, certification of termination of registration of a class of security under section 12(g) or notice of suspension of duty to file reports pursuant to sections 13 and 15(d) of the Act.

## Text

(a) This form shall be filed by each issuer to certify that the number of holders of record of a class of security registered under section 12(g) of the Act is reduced to less than 300 persons, or that the number of holders of record of a class of security registered under section 12(g) of the Act is reduced to less than 500 persons and the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's most recent three fiscal years. Registration terminates 90 days after the filing of the certificate or within such shorter time as the Commission may direct.
(b) This form shall also be filed by each issuer required to file reports pursuant to section 15(d) of the Act, as a notification that the duty to file such reports is suspended pursuant to section 15(d) of the Act because all securities of each class of such issuer registered under the Securities Act of 1933 are held of record by less than 300 persons at the beginning of its fiscal year, or otherwise pursuant to the provisions of Rule 12h-3 (17 CFR 240.12h-3).
(Secs. 12(g)(4), 12(h), 13(a), 15(d), 23(a), 48 Stat. 892, 894, 895, 901; sec. 203(a), 49 Stat. 704; secs. 3, 8, 49 Stat. 1377, 1379; secs. 3, 4, 6, 78 Stat. 565-568, 569, 570-574; sec. 18, 89 Stat. 155; sec. 204, 91 Stat. 1500; 15 U.S.C. 78
l
(g)(4), 78
l
(h), 78m(a), 78o(d), 78w(a))
[49 FR 12690, Mar. 30, 1984, as amended at 51 FR 25362, July 14, 1986; 61 FR 21356, May 9, 1996]
Editorial Note:
For
Federal Register
citations affecting Form 15, see the List of CFR Sections Affected, which appears in the Finding Aids section of the printed volume and at
www.govinfo.gov.

## Nearby sections

- [17 C.F.R. § 249.306 (2026) § 249.306   Form 6-K, report of foreign issuer pursuant to Rules 13a-16 (§ 240.13a-16 of this chapter) and 15d-16 (§ 240.15d-16 of this chapter) under the Securities Exchange Act of 1934.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_306.md)
- [17 C.F.R. § 249.308 (2026) § 249.308   Form 8-K, for current reports.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_308.md)
- [17 C.F.R. § 249.308a (2026) § 249.308a   Form 10-Q, for quarterly and transition reports under sections 13 or 15(d) of the Securities Exchange Act of 1934.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_308a.md)
- [17 C.F.R. § 249.310 (2026) § 249.310   Form 10-K, for annual and transition reports pursuant to sections 13 or 15(d) of the Securities Exchange Act of 1934.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_310.md)
- [17 C.F.R. § 249.311 (2026) § 249.311   Form 11-K, for annual reports of employee stock purchase, savings and similar plans pursuant to section 15(d) of the Securities Exchange Act of 1934.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_311.md)
- [17 C.F.R. § 249.312 (2026) § 249.312   Form 10-D, periodic distribution reports by asset-backed issuers.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_312.md)
- [17 C.F.R. § 249.318 (2026) § 249.318   Form 18-K, annual report for foreign governments and political subdivisions thereof.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_318.md)
- [17 C.F.R. § 249.322 (2026) § 249.322   Form 12b-25—Notification of late filing.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_322.md)
- [17 C.F.R. § 249.323 (2026) § 249.323   Form 15, certification of termination of registration of a class of security under section 12(g) or notice of suspension of duty to file reports pursuant to sections 13 and 15(d) of the Act.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_323.md)
- [17 C.F.R. § 249.324 (2026) § 249.324   Form 15F, certification by a foreign private issuer regarding the termination of registration of a class of securities under section 12(g) or the duty to file reports under section 13(a) or section 15(d).](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_324.md)
- [17 C.F.R. § 249.325 (2026) § 249.325   Form 13F, report of institutional investment manager pursuant to section 13(f) of the Securities Exchange Act of 1934.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_325.md)
- [17 C.F.R. § 249.326 (2026) § 249.326   Form N-PX, annual report of proxy voting record.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_326.md)
- [17 C.F.R. § 249.327 (2026) § 249.327   Form 13H, Information required on large traders pursuant to Section 13(h) of the Securities Exchange Act of 1934 and rules thereunder.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_327.md)
- [17 C.F.R. § 249.328T (2026) § 249.328T   Form 17-H, Risk assessment report for brokers and dealers pursuant to section 17(h) of the Securities Exchange Act of 1934 and rules thereunder.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_328T.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T17_P249_S249_323. Check the current official text before relying on it. Not legal advice.