Rule 301: Requirements for Alternative Trading Systems and Form ATS; ATS-R

Forms and Documents

Document	Type	Status	Availability
Form ATS-R Form ATS-R - Quarterly Reports	Form and Instruction	Modified	Repair queued
Form Form ATS Form ATS - Periodic Amendments to Update Information	Form and Instruction	Unchanged	Repair queued
Supporting Statement for Reg ATS - FINAL 7-7-15.pdf	Supporting Statement A	Uploaded 2015-07-09	Available
PRA submission supporting statement - Reg ATS 3-10-13 (Proposed Final).pdf	Supplementary Document	Uploaded 2015-07-09	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
35287	Form ATS-R - Quarterly Reports	Form and Instruction	Modified
194923	Systems Outage Notices		Removed
194922	Systems Capacity, Integrity and Security Recordkeeping		Removed
194921	Making and Keeping Records in Connection with Fair Access		Unchanged
194920	Fair Access Standards		Unchanged
194919	Form ATS - Cessation of Operations Report		Unchanged
194918	Form ATS - Periodic Amendments to Update Information	Form and Instruction	Unchanged
194917	Form ATS - Initial Operation Report		Unchanged

ICR Details

OMB Control No: 3235-0509	ICR Reference No: 201507-3235-003
Status: Historical Inactive	Previous ICR Reference No: 201311-3235-011
Agency/Subagency: SEC	Agency Tracking No: TM-270-451
Title: Rule 301: Requirements for Alternative Trading Systems and Form ATS; ATS-R
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule and continue	Conclusion Date: 10/22/2015
	Date Received in OIRA: 07/09/2015
Terms of Clearance: 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
Expiration Date	04/30/2017	36 Months From Approved	04/30/2017
Responses	598	0	598
Time Burden (Hours)	2,873	0	2,873
Cost Burden (Dollars)	0	0	0

---

Abstract: 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.

---

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

Citations for New Statutory Requirements: US Code: 15 USC 78A Name of Law: Securities Exchange Act of 1934

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3235-AL43	Proposed rulemaking	78 FR 18083	03/25/2013

---

Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 6

IC Title	Form No.	Form Name
Making and Keeping Records in Connection with Fair Access
Systems Capacity, Integrity and Security Recordkeeping
Systems Outage Notices
Fair Access Standards
Form ATS - Initial Operation Report
Form ATS - Periodic Amendments to Update Information	Form ATS	Form ATS
Form ATS - Cessation of Operations Report
Form ATS-R - Quarterly Reports	ATS-R	ATS-R

---

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: Regulation SCI would duplicate the requirements under Rule 301(b)(6) of Regulation ATS. Therefore, the Commission is deleting that rule.

---

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: 07/09/2015

---