Rule 15c3-3; Customer Protection - Reserves and Custody of Securities (17 CFR 240.15c3-3)
Extension without change of a currently approved collection
No
Regular
09/01/2023
Requested
Previously Approved
36 Months From Approved
10/31/2023
16,596,965
8,725,358
1,129,005
722,091
3,530,101
1,505,847
Rule 15c3-3 provides for the protection of customer funds and securities in the custody of a broker-dealer. The Rule sets forth standards for (i) a broker-dealer's acceptance, custody, and use of customer securities, and (ii) the maintenance of reserves with respect to customer deposits and monies obtained from the use of customer securities. Rule 15c3-3 also contains requirements for broker-dealers that hold security futures products for customers.
The changes in burden are due to a variety of factors including a change in the number of broker-dealers and customer accounts subject to particular burdens, elimination of certain amortization of certain initial one-time burdens, and an increase in the cost of postage and outside counsel. See supporting statement for more details.
$0
No
No
No
No
No
No
No
Abraham Jacob 202 551-5583
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.
3235-0078.pdf
NEW - Rule 15c3-3(p)(4)(ii) - Subordination Agreements (One-Time)