Extension without change of a currently approved collection
No
Regular
09/13/2024
Requested
Previously Approved
36 Months From Approved
11/30/2024
63
203
127,505
425,009
29,905,416
99,682,619
Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act authorizes the Securities and Exchange Commission (the Commission) to regulate security-based swaps and to take steps to encourage accountability and transparency in this market. In an effort to enhance such transparency, section 763(i) of the Act establishes centralized recordkeeping facilities, known as security-based swap data repositories (SDRs), to retain complete records of security-based swap transactions, maintain the integrity of those records, and provide effective access to those records to relevant authorities. Pursuant to sections 763(i) and 766(a) of the Act, transactions in securities-based swaps must be reported to an SDR or the Commission.
Rules 13n-1 to 13n-11 (ÂRulesÂ), as well as Form SDR, create a structure to register SDRs in accordance with this statutory mandate. Under the Rules, an SDR are required to register by filing a Form SDR. SDRs are also required to abide by certain minimum standards set out in the Rules, including a requirement to update Form SDR, abide by certain duties and core principles, maintain data in accordance with the Rules, keep their systems in accordance with the Rules, keep records, provide reports to the Commission, maintain privacy, make certain disclosures, and designate a Chief Compliance Officer (ÂCCOÂ).
US Code:
15 USC 78w(a)
Name of Law: Section 23(a) of the Securities Exchange Act of 1934
PL:
Pub.L. 111 - 203 763(i)
Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
US Code:
15 USC 78m(n)
Name of Law: Section 13(n) of the Securities Exchange Act of 1934
PL: Pub.L. 111 - 203 763(i) Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
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.
Form SDR Registration on Form SDR: 13n-1(b) and 13n-3(a) and Form SDR
89 FR 74317 (OMB 3235-0719).pdf
Privacy Requirements: 13n-9(b)(2)