Rule 301: Requirements for Alternative Trading Systems

ICR 201010-3235-021

OMB: 3235-0509

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Form and Instruction
New
Supporting Statement A
2011-01-05
ICR Details
3235-0509 201010-3235-021
Historical Active 200706-3235-001
SEC TM-270-451
Rule 301: Requirements for Alternative Trading Systems
Extension without change of a currently approved collection   No
Regular
Approved without change 02/28/2011
Retrieve Notice of Action (NOA) 01/05/2011
  Inventory as of this Action Requested Previously Approved
02/28/2014 36 Months From Approved 02/28/2011
556 0 465
1,793 0 1,976
158,989 0 189,488

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 be 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

3235-AH41 Final or interim final rulemaking 63 FR 70844 12/22/1998

  75 FR 67150 11/01/2010
76 FR 594 01/05/2011
No

  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 556 465 0 0 91 0
Annual Time Burden (Hours) 1,793 1,976 0 0 -183 0
Annual Cost Burden (Dollars) 158,989 189,488 0 0 -30,499 0
No
No
Estimated burdens have changed due to changes in the estimated variables determining the burdens and changes to the way those burdens are presented in this summary. There are no changes to the underlying rules or forms.

$137,448
No
No
No
No
No
Uncollected
Nathan Saunders 2025515515

  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.
01/05/2011


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