Rule 17g-4 Prevention of misuse of material nonpublic information

ICR 201602-3235-015

OMB: 3235-0627

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2016-03-09
IC Document Collections
ICR Details
3235-0627 201602-3235-015
Historical Active 201212-3235-001
SEC TM-270-566
Rule 17g-4 Prevention of misuse of material nonpublic information
Extension without change of a currently approved collection   No
Regular
Approved without change 05/11/2016
Retrieve Notice of Action (NOA) 03/09/2016
  Inventory as of this Action Requested Previously Approved
05/31/2019 36 Months From Approved 05/31/2016
10 0 10
100 0 100
0 0 0

Proposed Rule 17g-4 would implement certain statutory provisions of the Credit Rating Agency Reform Act of 2006 ("Act') by requiring a nationally recognized statistical rating organization or "NRSRO" by requiring that an NRSRO's policies and procedures established pursuant to Section 15E(g)(1) of the Exchange Act include three specific types of procedures.This collection of information included in proposed Rule 17g-4 is necessary to allow the Commission to enhance its oversight of NRSROs registered with the Commission with respect their financial condition and to monitor compliance with the Act and its implementing regulations.

US Code: 15 USC 78o-7(g). Name of Law: Credit Rating Agency Reform Act of 2006
   US Code: 15 USC 78c, 78d, 78i, 78j, 78l, 78m, Name of Law: The Securities Exchange Act
  
None

Not associated with rulemaking

  80 FR 80424 12/24/2015
81 FR 12165 03/08/2016
No

1
IC Title Form No. Form Name
Rule 17g-4 Prevention of misuse of material nonpublic information

  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 10 10 0 0 0 0
Annual Time Burden (Hours) 100 100 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

No
No
No
No
No
Uncollected
Valentina Deng 202 551-5778

  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.
03/09/2016


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