Rules 17Ad-6, 17 CFR 240.17Ad-6 and 17Ad-7, 17 CFR 240.17Ad-7: Recordkeeping Requirements for Registered Transfer Agents

ICR 201501-3235-015

OMB: 3235-0291

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2015-03-19
IC Document Collections
ICR Details
3235-0291 201501-3235-015
Historical Active 201111-3235-002
SEC TM-270-151
Rules 17Ad-6, 17 CFR 240.17Ad-6 and 17Ad-7, 17 CFR 240.17Ad-7: Recordkeeping Requirements for Registered Transfer Agents
Extension without change of a currently approved collection   No
Regular
Approved without change 07/27/2015
Retrieve Notice of Action (NOA) 03/19/2015
  Inventory as of this Action Requested Previously Approved
07/31/2018 36 Months From Approved 07/31/2015
429 0 473
214,500 0 236,500
0 0 0

Rule 17Ad-6 is needed to (1) ensure that registered transfer agents maintain certain records that are necessary for the Commission to adequately monitor and assess their performance; and (2) to permit the appropriate regulatory agencies ("ARA'S") to examine those transfer agents for compliance with Commission's rules. The Commission and other ARA's use Rule 17Ad-6 records for inspection purposes. Rule 17Ad-7 is needed to ensure that registered transfer agents retain in an easily accessible place for a period of six months to one year all the records required to be made and kept current under the Commission's rules

US Code: 15 USC 78q-1 Name of Law: Section 17A of the Exchange Act
  
None

Not associated with rulemaking

  80 FR 3673 01/23/2015
80 FR 14419 03/19/2015
No

1
IC Title Form No. Form Name
Rules 17Ad-6 and 17Ad-7: Recordkeeping Requirements for Registered Transfer Agents

  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 429 473 0 0 -44 0
Annual Time Burden (Hours) 214,500 236,500 0 0 -22,000 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The total annual hourly burden decreased due to the decrease in the number of registered transfer agents.

$664,750
No
No
No
No
No
Uncollected
Mark Saltzburg 202 551-5593

  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.
03/19/2015


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