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
07/31/2017
36 Months From Approved
07/31/2017
10,946
0
10,946
1,986,152
0
1,986,152
0
0
0
Rule 204-2 sets forth the books and
records that SEC-registered investment advisers must maintain and
preserve.
US Code:
15
USC 80b Name of Law: Investment Advisers Act of 1940
PL: Pub.L. 111 - 213 410 Name of Law:
Dodd-Frank Wall Street Reform and Consumer Protection Act
We estimate that the total
burden hour associated with rule 204-2 will increase from 1,986,152
hours per year to 2,110,620 hours per year because we have
increased our estimate of the number of respondents subject to the
rule as well as increased our estimate of the per adviser annual
burden due to the proposed amendments to rule 204-2.
$0
No
No
No
Yes
No
Uncollected
Bridget Farrell 202
551-6834
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.