Rule 15c3-1; Net Capital Requirements for Brokers and Dealers

ICR 201703-3235-004

OMB: 3235-0200

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2017-05-26
IC Document Collections
IC ID
Document
Title
Status
42976
Modified
211247
Removed
211246
Removed
208585
Modified
208584
Modified
207432
Modified
206989
Modified
206988
Modified
206987
Modified
206986
Modified
206985
Modified
206984
Modified
206983
Modified
206981
Modified
206980
Modified
206979
Modified
206978
Modified
206977
Modified
206976
Modified
206975
Modified
206974
Modified
190804
Modified
190803
Modified
190802
Modified
ICR Details
3235-0200 201703-3235-004
Historical Active 201405-3235-004
SEC TM-270-197
Rule 15c3-1; Net Capital Requirements for Brokers and Dealers
Extension without change of a currently approved collection   No
Regular
Approved without change 07/31/2017
Retrieve Notice of Action (NOA) 05/26/2017
  Inventory as of this Action Requested Previously Approved
07/31/2020 36 Months From Approved 07/31/2017
1,940 0 2,117
65,916 0 63,136
160,000 0 160,000

Rule 15c3-1 was adopted in 1971 to ensure that brokers and dealers maintain sufficient liquid assets in excess of liabilities to promptly satisfy the claims of customers in the event the broker or dealer fails.

US Code: 15 USC 78b, 78c, 78o, 78o-4, 78q, 78w Name of Law: Sections 2, 3, 15, 15B, 17 and 23 of the Securities Exchange Act of 1934.
  
None

Not associated with rulemaking

  82 FR 14071 03/16/2017
82 FR 23884 05/24/2017
No

22
IC Title Form No. Form Name
Rule 15c3-1; Appendix G monthly reports for new ANC firms
Rule 15c3-1; Appendix G quarterly reports for new ANC firms
Rule 15c3-1; Appendix G annual reports for new ANC firms
Rule 15c3-1; Appendix G recordkeeping for existing ANC firms
Rule 15c3-1; Appendix G recordkeeping for new ANY firms (ongoing)
Rule 15c3-1; Appendix G notification provision for existing ANC firms
Rule 15c3-1; Appendix G notification provision for new ANC firms
Rule 15c3-1; Appendix G updating risk management profile for existing ANC firms
Rule 15c3-1; Appendix G recordkeeping for new ANC firms (initial)
Rule 15c3-1; Appendix E computations for ANC firms
Rule 15c3-1; Paragraph (c)(2)(iv)(B): Disclosures and Agreements
Rule 15c3-1; Paragraph (c)(2)(i)(G)(2): Capital Withdrawal Liability
Rule 15c3-1; Notices
Rule 15c3-1; Opinion of counsel to file consolidated financial reports under Appendix C
Rule 15c3-1 -- Creating procedures to determine creditworthiness to avoid 15% haircut
Rule 15c3-1 -- Reviewing procedures to determine creditworthiness to avoid 15% haircut
Rule 15c3-1; Reviewing and back testing models for existing ANC firms
Rule 15c3-1; Reviewing and back testing models for new ANC firms
Rule 15c3-1; Appendix G monthly reports for existing ANC firms
Rule 15c3-1; Appendix G quarterly reports for existing ANC firms
Rule 15c3-1; Appendix G annual reports for existing ANC firms
Rule 15c3-1; Appendix G updating risk management profile for new ANC firms
Reference Removal 2
Reference Removal 1

  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 1,940 2,117 0 0 -177 0
Annual Time Burden (Hours) 65,916 63,136 0 0 2,780 0
Annual Cost Burden (Dollars) 160,000 160,000 0 0 0 0
No
No
The change in the recordkeeping and reporting burden is mostly due to the changes in the estimated number of ANC broker-dealers subject to Rule 15c3-1 and the estimated number of broker-dealers expected to apply to be ANC broker-dealers over the next three years. Additionally, the number of broker-dealers reporting holding proprietary debt positions has decreased.

$0
No
No
No
Yes
No
Uncollected
Jane Wetterau 202 551-4483

  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.
05/26/2017


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