Margin Credit Reports

ICR 202106-7100-009

OMB: 7100-0011

Federal Form Document

ICR Details
7100-0011 202106-7100-009
Active 201806-7100-003
FRS FR G-1, FR G-2, FR G-3, FR G-4, FR T-4, and FR U-1
Margin Credit Reports
No material or nonsubstantive change to a currently approved collection   No
Approved without change 06/09/2021
Retrieve Notice of Action (NOA) 06/09/2021
  Inventory as of this Action Requested Previously Approved
06/30/2021 06/30/2021 06/30/2021
591 0 589
260 0 245
0 0 0

The Securities Exchange Act of 1934 (the Act) authorizes the Board to regulate securities credit extended by brokers, dealers, banks, and other lenders. The FR T-4, FR U-1, and FR G-3 are recordkeeping requirements for brokers and dealers, banks, and other lenders, respectively. The FR G-3 and FR U-1 document the purpose of loans secured by margin stock. For purposes of these forms, margin stock is defined as (1) stocks that are registered on a national securities exchange or any over-the-counter security designated for trading in the National Market System, (2) debt securities (bonds) that are convertible into such stocks, and (3) shares of most mutual funds. The FR T-4 documents the purpose of credit being extended when that credit is not to purchase, carry, or trade in securities and the credit is in excess of that otherwise permitted under Regulation T , Credit by Brokers and Dealers. Lenders that are not brokers, dealers, and banks making loans secured by margin stock must register and deregister with the Federal Reserve using the FR G-1 and FR G-2, respectively, and must file an annual report (FR G-4) while registered. The Federal Reserve uses the data collected by the FR G-1, FR G-2, and FR G-4 to identify lenders subject to the Board’s Regulation U (Credit by Banks or Persons other than Brokers or Dealers for the Purpose of Purchasing or Carrying Margin Stocks) to verify their compliance with the regulation, and to monitor margin credit.

US Code: 15 USC 78g Name of Law: Securities Exchange Act

Not associated with rulemaking

  83 FR 3146 01/23/2018
83 FR 22685 05/16/2018

  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 591 589 0 2 0 0
Annual Time Burden (Hours) 260 245 0 15 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Miscellaneous Actions
Miscellaneous Actions
The overall net increase in burden hours reflects the current panel of respondents based on the last three years of filers.

Kaitlin Merritt 202 452-3752 [email protected]


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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