Rule 18a-7 – Reports to be Made by Certain Security-Based Swap Dealers and Major Security-Based Swap Participants

Forms and Documents

Document	Type	Status	Availability
Form FOCUS Report Form Proposed Form SBS for Bank SBSDs	Form and Instruction	New	Available
Form FOCUS Report Form Proposed Form SBS for Stand-Alone MSBSPs	Form and Instruction	New	Repair queued
Form FOCUS Report Form Proposed Form SBS for Stand-Alone SBSDs	Form and Instruction	New	Repair queued
18a-7 Supporting Statement.pdf	Supporting Statement A	Uploaded 2016-09-09	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
223468	Engagement of Accountant for Stand-Alone SBSDs		New
223466	Engagement of Accountant for Stand-Alone MSBSPs		New
223465	Proposed Form SBS for Bank SBSDs	Form and Instruction	New
223464	Proposed Form SBS for Stand-Alone MSBSPs	Form and Instruction	New
223463	Proposed Form SBS for Stand-Alone SBSDs	Form and Instruction	New
223462	Notice of Change in Fiscal Year		New
223461	Statement Regarding Independent Public Accountant		New
223460	Annual Reports for Stand-Alone SBSDs		New
223459	Annual Reports for Stand-Alone MSBSPs		New
223457	Customer Statements		New
223455	Additional ANC Reports		New

ICR Details

OMB Control No: 3235-0749	ICR Reference No: 201609-3235-002
Status: Historical Inactive	Previous ICR Reference No:
Agency/Subagency: SEC	Agency Tracking No: TM-270-669
Title: Rule 18a-7 – Reports to be Made by Certain Security-Based Swap Dealers and Major Security-Based Swap Participants
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule	Conclusion Date: 10/28/2016
	Date Received in OIRA: 09/09/2016
Terms of Clearance: Pending comments on proposed rule; revisit for final rule.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date		36 Months From Approved
Responses	0	0	0
Time Burden (Hours)	0	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: Proposed new Exchange Act Rule 18a-7 would establish reporting requirements applicable to stand-alone SBSDs, stand-alone MSBSPs, bank SBSDs, and bank MSBSPs. Proposed Rule 18a-7 is modeled on Exchange Act Rule 17a-5, which applies to broker-dealers, but proposed Rule 18a-7 does not include a parallel requirement for every requirement in Rule 17a-5 because some of the requirements in Rule 17a-5 relate to activities that are not expected or permitted of SBSDs and MSBSPs.

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Authorizing Statute(s): US Code: 15 USC 78o-10 Name of Law: Securities Exchange Act of 1934
   PL: Pub.L. 111 - 203 764 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010
  

Citations for New Statutory Requirements: PL: Pub.L. 111 - 203 764 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3235-AL45	Proposed rulemaking	79 FR 25193	05/02/2014

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 11

IC Title	Form No.	Form Name
Notice of Change in Fiscal Year
Proposed Form SBS for Stand-Alone SBSDs	FOCUS Report Form SBS	FOCUS Report Form SBS
Annual Reports for Stand-Alone SBSDs
Proposed Form SBS for Stand-Alone MSBSPs	FOCUS Report Form SBS	FOCUS Report Form SBS
Engagement of Accountant for Stand-Alone MSBSPs
Customer Statements
Additional ANC Reports
Annual Reports for Stand-Alone MSBSPs
Statement Regarding Independent Public Accountant
Proposed Form SBS for Bank SBSDs	FOCUS Report Form SBS	FOCUS Report Form SBS
Engagement of Accountant for Stand-Alone SBSDs

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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:

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Annual Cost to Federal Government:

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]? Yes

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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: 09/09/2016

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