Implementing The Whistleblower Provisions of Section 21F of the Securities Exchange Act of 1934 Form WB-APP and Form TCR

ICR 201708-3235-005

OMB: 3235-0686

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Form and Instruction
Modified
Form and Instruction
Modified
Form and Instruction
Modified
Supporting Statement A
2018-01-29
IC Document Collections
ICR Details
3235-0686 201708-3235-005
Historical Active 201407-3235-018
SEC ENF-270-625
Implementing The Whistleblower Provisions of Section 21F of the Securities Exchange Act of 1934 Form WB-APP and Form TCR
Extension without change of a currently approved collection   No
Regular
Approved without change 03/12/2018
Retrieve Notice of Action (NOA) 01/29/2018
  Inventory as of this Action Requested Previously Approved
03/31/2021 36 Months From Approved 04/30/2018
851 0 3,213
1,160 0 4,786
46,800 0 46,000

The Securities and Exchange Commission ("Commission")is adopting new rules and forms to implement Section 21F of the Securities Exchange Act of 1934 ("Exchange Act") entitled "Securities Whistleblower Incentives and Protection." The Dodd-Frank Wall Street Reform and Consumer Protection Act, enacted on July 21, 2010 ("Dodd-Frank"), established a whistleblower program that requires the Commission to pay an award, under regulations prescribed by the Commission and subject to certain limitations, to eligible whistleblowers who voluntarily provide the Commission with original information about a violation of the federal securities laws that leads to the successful enforcement of a covered judicial or administrative action, or a related action. Dodd-Frank also prohibits retaliation by employers against individuals who provide the Commission with information about possible securities violations. The Commission is adopting new rules 21F-1 through 21F-17, and new Forms TCR and WB-APP, under the Securities Exchange Act of 1934.

US Code: 15 USC 78u-6 Name of Law: Securities Exchange Act of 1934
  
PL: Pub.L. 111 - 203 922 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act

Not associated with rulemaking

  82 FR 28156 06/20/2017
82 FR 61056 12/26/2017
No

4
IC Title Form No. Form Name
Form TCR- Retain Counsel SEC2850 Form TCR
Form WB-APP -Retain Counsel SEC2851 Form WB-APP
Form TCR SEC2850 Form TCR
Form WB-APP SEC2851 Form WB-APP

  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 851 3,213 0 0 -2,362 0
Annual Time Burden (Hours) 1,160 4,786 0 0 -3,626 0
Annual Cost Burden (Dollars) 46,800 46,000 0 0 800 0
No
No
The changes in estimated burden are due to an adjustment to reflect the difference between the number of actual submissions of Form TCR and Form WB-APP and the time we estimate that it will take the public to complete the forms as described in Section 12 above. The estimated annual burden has been reduced by 3,626 hours and the estimated annual cost has increased slightly by $800.

$123,192
No
    Yes
    Yes
No
Yes
No
Uncollected
Jane Norberg 202 551-4669

  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.
01/29/2018


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