Retention of Fingerprint Cards (17 CFR 240.17f-2(d))

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
2014 Supporting Statement 17f-2(d) OCS FINAL.docx	Supporting Statement A	Uploaded 2014-12-17	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
34076	Retention of Fingerprint Cards (17 CFR 240.17f-2(d))		Modified

ICR Details

OMB Control No: 3235-0028	ICR Reference No: 201407-3235-004
Status: Historical Active	Previous ICR Reference No: 201106-3235-015
Agency/Subagency: SEC	Agency Tracking No: TM-270-036
Title: Retention of Fingerprint Cards (17 CFR 240.17f-2(d))
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/22/2014
	Date Received in OIRA: 11/24/2014
Terms of Clearance: Prior to renewal of this collection, SEC will consider consolidating this collection with 3235-0029.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2017	36 Months From Approved	12/31/2014
Responses	318,000	0	318,000
Time Burden (Hours)	10,600	0	10,600
Cost Burden (Dollars)	119,000	0	119,000

---

Abstract: Rule 17f-2(d)(1) requires covered entities to keep the processed fingerprint card or any appropriate substitute record together with any information received from the Attorney General for the duration of that person's employment or relationship with the organization and for a period of not less than three years after termination of that person's employment or relationship with the organization. However, subparagraph (2) of the rule permits a self-regulatory organization that is also the covered entities' designated examining authority to store and maintain the records required to be kept by this rule. Subparagraph (3) permits the required records to be maintained on microfilm.

---

Authorizing Statute(s): US Code: 15 USC 78a et seq. Name of Law: Securities Exchange Act of 1934
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 42844	07/23/2014
30-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 59871	10/03/2014
Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
Retention of Fingerprint Cards (17 CFR 240.17f-2(d))

---

ICR Summary of Burden

table that charts list of burden

	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	318,000	318,000	0	0	0	0
Annual Time Burden (Hours)	10,600	10,600	0	0	0	0
Annual Cost Burden (Dollars)	119,000	119,000	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

---

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

---

Common Form ICR:  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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 11/24/2014

---