Rule 17g-5 Conflicts of Interest

ICR 201810-3235-025

OMB: 3235-0649

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2018-10-12
ICR Details
3235-0649 201810-3235-025
Historical Inactive 201810-3235-020
SEC OCR-270-581
Rule 17g-5 Conflicts of Interest
Revision of a currently approved collection   No
Regular
Comment filed on proposed rule and continue 11/28/2018
Retrieve Notice of Action (NOA) 10/15/2018
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). The agency shall examine public comment 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 commenter’s recommendation. The next submission to OMB must include the draft final rule.
  Inventory as of this Action Requested Previously Approved
10/31/2021 36 Months From Approved 10/31/2021
3,454 0 3,454
261,295 0 261,295
0 0 0

Rule 17g-5 implements certain statutory provisions of the Credit Rating Agency Reform Act of 2006 ("Rating Agency Act") by prohibiting, or requiring the managemnt and disclosure of, any potential conflict of interest relating to the issuance of credit ratings by a nationally recognized statistical rating organization or "NRSRO". This collection of information is necessary by addressing potential practices that could impair the objectivity and the quality of a credit rating.

US Code: 15 USC 780-7 Name of Law: Credit Rating Agency Reform Act of 2006
  
US Code: 15 USC 780-7 Name of Law: Credit rating Agency Reform Act

3235-AM05 Proposed rulemaking 83 FR 50297 10/05/2018

No

Yes
Changing Regulations
No
changes due to proposed clarifying amendments to existing exemption from certain disclosure requirements.

$0
No
    No
    No
No
Yes
No
Uncollected
Leah Clague 202 551-3041 [email protected]

  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.
10/15/2018


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