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. 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). The agency shall examine
public comments in response to the NPRM and will describe in the
supporting statement of its next collection any public comments
received regarding the collection as well as why (or why it did
not) incorporate the commenters’ recommendations. The next
submission to OMB must include the draft final rule. In addition,
OMB notes that although this information collection is associated
with a proposed rule that was published in the Federal Register in
July 2016, the ICR was not submitted to OMB until July 2018.
Pursuant to 5 CFR 1320.11(b), for collections of information
contained in a proposed regulation, “all submissions shall be made
to OMB not later than the day on which the Notice of Proposed
Rulemaking is published in the Federal Register, in such form and
in accordance with such procedures as OMB may direct. Such
submissions shall include a copy of the proposed regulation and
preamble.” A failure to submit a collection in a timely manner is
also a violation of section 3507(d) of the Paperwork Reduction Act.
Please submit to OMB all future collections associated with a
proposed rule in a timely manner, but no later than the day of
publication of the proposed rule in the Federal Register.
Inventory as of this Action
Requested
Previously Approved
03/31/2020
36 Months From Approved
03/31/2020
12,024
0
12,024
2,199,791
0
2,199,791
0
0
0
Rule 204-2 sets forth the books and
records that SEC-registered investment advisers must maintain and
preserve.
US Code:
15
USC 80b Name of Law: Investment Advisers Act of 1940
PL: Pub.L. 111 - 213 410 Name of Law:
Dodd-Frank Wall Street Reform and Consumer Protection Act
We estimate that the total
burden hours associated with rule 204-2 would increase from
2,323,636 hours per year to 2,349,022 hours per year because of the
rule 204-2 amendments that have been proposed by the Commission in
connection with proposed rule 206(4)-4.
$0
No
No
No
No
No
No
Uncollected
John Foley 202 551-6724
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 204-2 Supporting Statement.pdf
Rule 204-2, Books and Records to Be Maintained by Investment Advisers