OMB files this
comment in accordance with 5 CFR 1320.11( c ). This OMB action is
not an approval to conduct or sponsor an information collection
under the Paperwork Reduction Act of 1995. This action has no
effect on any current approvals. If OMB has assigned this ICR a new
OMB Control Number, the OMB Control Number will not appear in the
active inventory. For future submissions of this information
collection, reference the OMB Control Number provided. Pursuant to
5 CFR 1320.11(c), OMB files this comment on this information
collection request (ICR). In accordance with 5 CFR 1320, OMB is
withholding approval at this time. The agency shall examine public
comment in response to the NPRM and will include in the supporting
statement of the next ICR--to be submitted to OMB at the final rule
stage--a description of how the agency has responded to any public
comments on the ICR, including comments on maximizing the practical
utility of the collection and minimizing the burden. This action
has no effect on any current approvals.
Inventory as of this Action
Requested
Previously Approved
10/31/2016
36 Months From Approved
10/31/2016
4,814
0
4,814
1,196,401
0
1,196,401
23,545,000
0
23,545,000
Rule 17a-4 requires certain records to
be maintained by certain exchange members and registered brokers
and dealers.
The annual ongoing hour burden
of 1,157,835 hours reflects a 38,566 hour decrease over the current
OMB inventory of 1,196,401 hours. This change incorporates a
decrease of 269 in the number of respondents, from 4,814 to 4,545,
an increase in the number of estimated internal broker-dealer
systems from 130 to 150, and an additional 2,955 hours attributable
to the proposed amendments to Rule 17a-4 described in the SBS
Recordkeeping Release. The ongoing annual cost burden of
$22,791,280 is $753,720 lower than the current OMB inventory of
$23,545,000. This decreased cost estimate reflects a decrease of
269 in the number of respondents, tempered by an additional $66,280
attributable to the amendments to Rule 17a-4 described in the SBS
Recordkeeping Release.
$0
No
No
No
Yes
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.
Rule 17a-4 Supporting Statement - Final 3-17-16.docx
Rule 17a-4; Records to be Preserved by Certain Exchange Members, Brokers and Dealers