Rule 17Ad-26 - Proposed Rule: Covered Clearing Agency Recovery and Orderly Wind-Down Plans

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
17Ad-26 - Supporting Statement (2023 Proposal).pdf	Supporting Statement A	Uploaded 2023-10-26	Repair queued

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
263061	17Ad-26 (for respondents not registered)		New
263059	17Ad-26 (for respondents already registered)		New

ICR Details

OMB Control No:	ICR Reference No: 202310-3235-022
Status: Received in OIRA	Previous ICR Reference No:
Agency/Subagency: SEC	Agency Tracking No:
Title: Rule 17Ad-26 - Proposed Rule: Covered Clearing Agency Recovery and Orderly Wind-Down Plans
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 10/27/2023

table that charts list comparision

	Requested	Previously Approved
Expiration Date	36 Months From Approved
Responses	8	0
Time Burden (Hours)	640	0
Cost Burden (Dollars)	0	0

---

Abstract: This submission seeks a new PRA approval for proposed Rule 17Ad-26, which would require the recovery and wind-down plans of a covered clearing agency to contain certain elements.

---

Authorizing Statute(s): US Code: 15 USC 78w(a) Name of Law: Securities and Exchange Act of 1934, Section 23(a) - Power to Make Rules and Regulations; Considerat
   US Code: 15 USC 5464 Name of Law: Payment, Clearing, and Settlement Supervision - Standards for systemically important financial marke
   US Code: 15 USC 78q-1 Name of Law: Securities and Exchange Act of 1934, Section 17A - National system for clearance and settlement of s
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3235-AN19	Proposed rulemaking	88 FR 34708	05/23/2023

---

Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 2

table that charts list of burden

IC Title	Form No.	Form Name
17Ad-26 (for respondents already registered)
17Ad-26 (for respondents not registered)

---

ICR Summary of Burden

table that charts list of burden

	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	8	0	0	8	0	0
Annual Time Burden (Hours)	640	0	0	640	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

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

Burden Reduction Due to:

Short Statement: The Commission has proposed a rule that would include information collections with a total annual hour burden of 640 hours. The proposal is discussed in more detail in the attached Supporting Statement.

---

Annual Cost to Federal Government: $0

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.     No

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.     No

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]? Yes

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

Is this ICR related to the Pandemic Response? No

---

Common Form ICR:  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:

(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: 10/27/2023

---