Crowdfunding Rules 300-304 (Intermediaries)

ICR 201505-3235-010

OMB: 3235-0726

Federal Form Document

Forms and Documents
ICR Details
3235-0726 201505-3235-010
Historical Inactive
SEC TM-270-774
Crowdfunding Rules 300-304 (Intermediaries)
New collection (Request for a new OMB Control Number)   No
Regular
Comment filed on proposed rule 09/16/2015
Retrieve Notice of Action (NOA) 05/20/2015
Pursuant to 5 CFR 1320.11(c), OMB files this comment on this information collection request (ICR. The agency shall examine public comment in response to the NPRM and will describe in the supporting statement of its next collection any public comments received regarding the collection as well as why (or why it did not) incorporate the commenter’s recommendation. The next submission to OMB must include the draft final rule.
  Inventory as of this Action Requested Previously Approved
36 Months From Approved
0 0 0
0 0 0
0 0 0

Rules 300 to 304 of Regulation Crowdfunding serve to provide a framework for the regulation of funding portals and brokers that issuers are required to use as intermediaries in the offer and sale of securities in reliance on Section 4(a)(6).

US Code: 15 USC 77a et seq. Name of Law: Securities Act of 1933
   US Code: 15 USC 78a et seq. Name of Law: Securities Exchange Act of 1934
  
PL: Pub.L. 112 - 106 301-305 Name of Law: Jumpstart Our Business Startups Act

3235-AL37 Proposed rulemaking 78 FR 66428 11/05/2013

No

No
No
New Rules 300-304 (Intermediaries) would result in 122,940 new burden hours internally and an annual cost burden of $41,365,000 for services of outside professionals.

No
No
No
No
No
Uncollected
Timothy White 202 551-7232

  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.
05/20/2015


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