Rule 31a-2: Records to be preserved by registered investment companies, certain majority-owned subsidiaries thereof, and other persons having transactions with registered investment companies.

ICR 201505-3235-021

OMB: 3235-0179

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2015-10-06
ICR Details
3235-0179 201505-3235-021
Historical Active 201211-3235-018
SEC IM-270-174
Rule 31a-2: Records to be preserved by registered investment companies, certain majority-owned subsidiaries thereof, and other persons having transactions with registered investment companies.
Extension without change of a currently approved collection   No
Regular
Approved without change 12/01/2015
Retrieve Notice of Action (NOA) 10/06/2015
  Inventory as of this Action Requested Previously Approved
12/31/2018 36 Months From Approved 12/31/2015
3,146 0 3,484
692,120 0 766,480
117,632,086 0 121,940,000

Rule 31a-2 under the Investment Company Act of 1940 ("Act")(17 CFR 270.31a-2) specifies the time periods that entities must retain certain books and records, including those required to be maintained under rule 31a-1 of the Act.

US Code: 15 USC 80a-30 Name of Law: Investment Company Act of 1940
  
None

Not associated with rulemaking

  80 FR 30308 05/27/2015
80 FR 45690 07/31/2015
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 3,146 3,484 0 0 -338 0
Annual Time Burden (Hours) 692,120 766,480 0 0 -74,360 0
Annual Cost Burden (Dollars) 117,632,086 121,940,000 0 0 -4,307,914 0
No
No
The staff's hour burden estimate for compliance with rule 31a-2 has decreased, from 766,480 hours to 692,120 hours, a net decrease of 74,360 hours. Similarly, the staff's estimate for the cost of compliance has been reduced from approximately $121,940,000 to approximately $117,632,086, a reduction of $4,307,914. Both of these changes are primarily due to a decrease in the number of active funds to which the rule applies, from approximately 3484 to 3416.

$0
No
No
No
No
No
Uncollected
Daniel Chang 2025516792 [email protected]

  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.
10/06/2015


© 2024 OMB.report | Privacy Policy