Statement of Purpose for an Extension of Credit Secured by Margin Stock

ICR 200503-7100-005

OMB: 7100-0115

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
7100-0115 200503-7100-005
Historical Active 200501-7100-004
FRS
Statement of Purpose for an Extension of Credit Secured by Margin Stock
Extension without change of a currently approved collection   No
Delegated
Approved without change 03/01/2005
Retrieve Notice of Action (NOA) 03/01/2005
  Inventory as of this Action Requested Previously Approved
03/31/2008 03/31/2008 04/30/2005
906,936 0 906,936
154,179 0 154,179
0 0 0

The Securities Exchange Act of 1934 ('34 Act) authorizes the Federal Reserve to regulate securities credit issued by banks, brokers and dealers, and other lenders. The purpose statement is a recordkeeping requirement for banks, brokers and dealers, and other lenders, respectively, to document the purpose of their loans secured by margin stock.

None
None


No

1
IC Title Form No. Form Name
Statement of Purpose for an Extension of Credit Secured by Margin Stock FR-U-1

  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 906,936 906,936 0 0 0 0
Annual Time Burden (Hours) 154,179 154,179 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 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.
03/01/2005


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