Fingerprinting Requirements for Securities Professionals -- 17 CFR 240.17f-2(a)

ICR 199707-3235-013

OMB: 3235-0034

Federal Form Document

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Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
3235-0034 199707-3235-013
Historical Active 199408-3235-006
SEC
Fingerprinting Requirements for Securities Professionals -- 17 CFR 240.17f-2(a)
Extension without change of a currently approved collection   No
Regular
Approved without change 10/01/1997
Retrieve Notice of Action (NOA) 07/31/1997
The annual cost burden of $12,862,500 is based upon a processing fee paid to the FBI by respondents of $24.50 per fingerprint card.
  Inventory as of this Action Requested Previously Approved
10/31/2000 10/31/2000 09/30/1997
525,000 0 525,000
262,500 0 262,500
12,863,000 0 0

Rule 17f-2(a) requires that securities professionals be fingerprinted. This requirement serves to: (1) Identify security risk personnel, (2) allow employers to make fully informed employment decisions, and (3) deter possible wrong doers from seeking employment in the securities industry. Partners, directors, officers, and employees of exchanges, brokers, dealers, transfer agents, and clearing agencies are included.

None
None


No

1
IC Title Form No. Form Name
Fingerprinting Requirements for Securities Professionals -- 17 CFR 240.17f-2(a)

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 525,000 525,000 0 0 0 0
Annual Time Burden (Hours) 262,500 262,500 0 0 0 0
Annual Cost Burden (Dollars) 12,863,000 0 0 12,863,000 0 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
07/31/1997


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