In the future,
agency should classify revisions to burden hours as an ICR revision
for OMB approval.
Inventory as of this Action
Requested
Previously Approved
08/31/2013
36 Months From Approved
11/30/2010
21,225
0
2,529
87,460
0
91,575
0
0
0
Rule 248.30(a)requires broker-dealers,
investment companies, and investment advisers registered with the
Commission to document in writing policies and procedures to
safeguard customer records and information.
US Code:
15
USC 6801 Name of Law: Gramm-Leach-Bliley Act
The decrease in estimated total
annual burden hours from 91,575 hours to 87,460 hours (a reduction
of 4115 hours) is a result of changes in the staffs estimated
hourly burden for entities that update their policies and
procedures and/or adopt new policies and procedures under the rule.
The decrease is also attributable to a change in the staffs method
of calculating those hourly burdens and of calculating the effects
of the differing sizes of respondents on the hourly burden
estimates.
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.