Rule 301 (17 CFR 242.301) Requirements for Alternative Trading Systems that are not National Securities Exchanges

ICR 200706-3235-001

OMB: 3235-0509

Federal Form Document

Forms and Documents
ICR Details
3235-0509 200706-3235-001
Historical Active 200408-3235-006
SEC 270-451
Rule 301 (17 CFR 242.301) Requirements for Alternative Trading Systems that are not National Securities Exchanges
Revision of a currently approved collection   No
Regular
Approved without change 02/08/2008
Retrieve Notice of Action (NOA) 08/03/2007
In its next submission of this ICR, the agency is instructed to delete from the cost burdens the portion that represents a monetization of the burden hours. The agency is reminded to avoid such double-counting of burden.
  Inventory as of this Action Requested Previously Approved
02/28/2011 36 Months From Approved 02/29/2008
465 0 379
1,976 0 1,533
189,488 0 31,000

Rule 301 provides the conditions with which a broker-dealer alternative trading system must comply. Initially, all such alternative trading systems must file an initial operation report which includes information regarding operation of the system. Such alternative trading systems are also required to make quarterly reports of aggregate transaction data. Certain notice requirements are triggered by alternative trading system volume such as notification to an investor denied or limited access to the system and notice to the Commission of systems' outages.

US Code: 15 USC 78a Name of Law: Securities Exchange Act of 1934
  
None

Not associated with rulemaking

  72 FR 28730 05/22/2007
72 FR 42139 08/01/2007
No

1
IC Title Form No. Form Name
Rule 301 (17 CFR 242.301) Requirements for Alternative Trading Systems that are not National Securities Exchanges ATS, ATS-R ATS ,   ATS-R

  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 465 379 0 0 86 0
Annual Time Burden (Hours) 1,976 1,533 0 0 443 0
Annual Cost Burden (Dollars) 189,488 31,000 0 0 158,488 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Brian Trackman 202 942-7951 [email protected]

  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.
08/03/2007


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