6c-11 under the Investment Company Act of 1940 (17 CFR 270.6c-11), Exchange-Traded Funds

ICR 202101-3235-023

OMB: 3235-0764

Federal Form Document

Forms and Documents
Supporting Statement A
IC Document Collections
ICR Details
3235-0764 202101-3235-023
Received in OIRA 201912-3235-001
SEC IM-270-814
6c-11 under the Investment Company Act of 1940 (17 CFR 270.6c-11), Exchange-Traded Funds
Revision of a currently approved collection   No
Regular 02/19/2021
  Requested Previously Approved
36 Months From Approved 02/28/2023
1,907 1,735
81,848 74,466
27,227,498 24,771,740

Rule 6c-11 under the Investment Company Act of 1940 permits ETFs that satisfy certain conditions to operate without first obtaining an exemptive order from the Commission. The rule is designed to create a consistent, transparent, and efficient regulatory framework for such ETFs and facilitate greater competition and innovation among ETFs.

US Code: 15 USC 80a-6(c), 80a-22(c), and 80a-3 Name of Law: Investment Company Act of 1940
US Code: 15 USC 80a-1 Name of Law: Investment Compant Act

3235-AL60 Final or interim final rulemaking 85 FR 83162 12/21/2020


IC Title Form No. Form Name
6c-11 under the Investment Company Act of 1940 (17 CFR 270.6c-11), Exchange-Traded Funds

  Total Request 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 1,907 1,735 0 172 0 0
Annual Time Burden (Hours) 81,848 74,466 0 7,382 0 0
Annual Cost Burden (Dollars) 27,227,498 24,771,740 0 2,455,758 0 0
Miscellaneous Actions
The total annual hour burden of 81,848 hours represents an increase of 7,382 hours over the previous burden hour estimate of 74,466 hours. In addition, the annual external cost burden of $1,907,000 represents an increase of $172,000 over the previous annual external cost burden estimate of $1,735,000. The changes in burden hours and external cost burdens are due to the staff’s estimates of the time costs and external costs that would result from the amendments to rule 6c-11.

Joel Cavanaugh 202 551-3173


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.

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