Market Data Infrastructure

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form CC Form CC	Form and Instruction	Modified	Available
Form CC Form CC	Form and Instruction	Modified	Repair queued
3235-0778.pdf	Supplementary Document	Uploaded 2024-04-18	Repair queued
3235-0778.pdf	Supplementary Document	Uploaded 2024-04-18	Repair queued
Suporting Statement _ Market Data Infrastructure Rule 2024 DGL REVISED.pdf	Supporting Statement A	Uploaded 2024-01-31	Repair queued

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
246459	Public Posting of Form CC- Ongoing		Unchanged
246458	Form CC Amendment- Ongoing		Modified
240875	SRO Market Data		Modified
240874	NMS Plans Amendment		Modified
240873	Competing Consolidator Monthly Reports		Modified
240872	Competing Consolidator Recordkeeping		Modified
240871	Public Post of Form CC- Initial		Unchanged
240870	Competing Consolidator Duties and Data Collection - SROs		Unchanged
240869	Competing Consolidator Duties and Data Collection - New Entrants		Unchanged
240868	Competing Consolidator Duties and Data Collection - SIPs		Unchanged
240867	Competing Consolidator Duties and Data Collection - Broker-Dealers		Unchanged
240866	Competing Consolidator Duties and Data Collection - Market Data Aggregation		Unchanged
240865	Form CC Cessation		Modified
240864	Form CC Amendment- Initial		Modified
240863	Form CC	Form and Instruction	Modified	Form CC
240863	Form CC	Form and Instruction	Modified

ICR Details

OMB Control No: 3235-0778	ICR Reference No: 202309-3235-011
Status: Active	Previous ICR Reference No: 202103-3235-009
Agency/Subagency: SEC	Agency Tracking No: TM-270-823
Title: Market Data Infrastructure
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 05/21/2024
Retrieve Notice of Action (NOA)	Date Received in OIRA: 04/18/2024
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	05/31/2027	36 Months From Approved	05/31/2024
Responses	284	0	284
Time Burden (Hours)	35,715	0	35,715
Cost Burden (Dollars)	45,611,043	0	49,389,373

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Abstract: The Securities and Exchange Commission amended 17 CFR 242, Rules 600 and 603 and adopted new Rule 614 of Regulation National Market System under the Securities Exchange Act of 1934 to update the national market system for the collection, consolidation, and dissemination of information with respect to quotations for and transactions in national market system stocks (“NMS information”). Specifically, the Commission expanded the content of NMS information that is required to be collected, consolidated, and disseminated as part of the national market system under Regulation NMS and amended the method by which such NMS information is collected, calculated, and disseminated by introducing a decentralized consolidation model where competing consolidators replace the exclusive securities information processors.

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Authorizing Statute(s): US Code: 17 USC 78k-1 Name of Law: National market system for securities; securities information processors
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	89 FR 10115	02/13/2024
30-day Notice:	Federal Register Citation:	Citation Date:
	89 FR 27817	04/18/2024
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 15

table that charts list of burden

IC Title	Form No.	Form Name
Competing Consolidator Duties and Data Collection - Broker-Dealers
Competing Consolidator Duties and Data Collection - Market Data Aggregation
Competing Consolidator Duties and Data Collection - New Entrants
Competing Consolidator Duties and Data Collection - SIPs
Competing Consolidator Duties and Data Collection - SROs
Competing Consolidator Monthly Reports
Competing Consolidator Recordkeeping
Form CC	CC	Form CC
Form CC Amendment- Initial
Form CC Amendment- Ongoing
Form CC Cessation
NMS Plans Amendment
Public Post of Form CC- Initial
Public Posting of Form CC- Ongoing
SRO Market Data

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ICR Summary of Burden

table that charts list of burden

	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	284	284	0	0	0	0
Annual Time Burden (Hours)	35,715	35,715	0	0	0	0
Annual Cost Burden (Dollars)	45,611,043	49,389,373	0	0	-3,778,330	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $210,309

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     Yes

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 04/18/2024

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