2007GSAExtension--Burden Hours

Updated: 11/13/2006
TABLE 1
IMPLEMENTATION OF THE GOVERNMENT SECURITIES ACT - 17 CFR Chapter IV
PAPERWORK REDUCTION SUPPORTING STATEMENT (QUESTIONS 12, 13 & 14)
(1)

ANNUAL REPORTING OR
DISCLOSURE BURDEN
Section 400.4
Section 400.5
Section 402.2c
Section 402.2(i)
Section 404.2
Section 404.5
Section 405.2
Section 405.2
Section 405.3
Section 405.5
Section 420.3
Section 420.4(a)*
TOTAL REPORTING:

Number of
Respondents

(2)
Number of
Responses Per
Respondent

665
50
3
3
0
8
8
4
8
0
11
0

* This was a one-time reporting requirement in Fiscal Year 1997.

1
1
1
2
1
4
12
2,000
1
4
1
1

(3)

(4)

(5)

(6)

(7)

(8)

Total Annual
Responses

Hours Per
Response

Total
Hours

Cost Per Hour

Total Cost

Government
Cost

665
50
3
6
0
32
96
8,000
8
0
11
0
8,871

2
1
5
0.5
1
25
12
0.02
3
3.5
8
2

1,330
50
15
3
0
800
1,152
160
24
0
88
0
3,622

$50
$50
$100
$100
$50
$65
$65
$65
$100
$50
$100
$23

$66,500
$2,500
$1,500
$300
$0
$52,000
$74,880
$10,400
$2,400
$0
$8,800
$0
$219,280

$4,800
$4,800
$200
$0
$0
$2,000
$10,200
$500
$500
$1,000
$50,000
$0
$74,000

Updated: 11/13/2006
(1)

ANNUAL RECORDKEEPING
BURDEN
Section 401.9
Section 403.4
Sectiion 403.5(a)-(c)
Section 403.5(d)
Section 403.5(e)
Section 404.2
Section 404.2(b)
Section 404.3
Section 404.4
Section 420.4(b)
Section 420.4(c)
Section 450.4
TOTAL RECORDKEEPING:

Number of
Recordkeepers

(2)
Annual Hours
Per
Recordkeeper

50
8
80
2,300
8
8
0
8
80
40
65
1,100

3
500
50
100
250
297
10
254
125
7
75
100

TOTAL (COMBINED) ANNUAL BURDEN
HOURS:
373,335
COST:
$9,883,914
TOTAL GOVERNMENT COST:
$144,600

(3)
(4)
(5)
Total
Recordkeeping
Recordkeeping
Retention
Cost Per
Hours
Period
Hour

150
4,000
4,000
230,000
2,000
2,376
0
2,032
10,000
280
4,875
110,000
369,713

3 yrs
3 - 6 yrs
3 yrs
3 - 6 yrs
6 yrs
3 - 6 yrs
6 yrs

$50
$68
$40
$25
$68
$23
$50
$23
$23
$50
$50
$25

(6)

(7)

Total Cost

Government
Cost

$7,500
$272,000
$160,000
$5,750,000
$136,000
$54,648
$0
$46,736
$230,000
$14,000
$243,750
$2,750,000
$9,664,634

$100
$3,000
$3,000
$30,000
$500
$3,000
$1,000
$1,000
$3,000
$3,000
$3,000
$20,000
$70,600