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Federal forms, ICRs, and supporting documents

Information Collection Request

Recordkeeping and Disclosure Requirements Associated with Securities Transactions Pursuant to Regulation H

ICR 201404-7100-003 · OMB 7100-0196 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
RegH3_201404_83c.pdf Justification for No Material/Nonsubstantive Change Uploaded 2014-04-08 Available
IC Document Collections
IC IDCollectionTypeStatusForm
36201 Recordkeeping - SMBs w/ Trust Depts (Securities transactions 208.34(c)) Modified
193339 Recordkeeping - SMBs (de novo) (Policy and procedures (208.34(g)) Unchanged
181520 Disclosure Burden SMBs w/o Trust Depts (Securities transactions (208.34(d))) Modified
180969 Disclosure Burden SMBs w/ Trust Depts (Securities transactions (208.34(d))) Modified
180968 Recordkeeping - SMBs w/o Trust Depts (Employee quarterly report (208.34(g))) Modified
180967 Recordkeeping - SMBs w/o Trust Depts (Policies and procedures (208.34(g))) Modified
180966 Recordkeeping - SMBs w/o Trust Depts (Securities transactions - Records (208.34(c))) Modified
180965 Recordkeeping - SMBs w/ Trust Depts (Employee quarterly report (208.34(g))) Modified
180964 Recordkeeping - SMBs w/ Trust Depts (Policy and procedures (208.34(g)) Modified
ICR Details
7100-0196 201404-7100-003
Historical Active 201007-7100-001
FRS Reg H-3
Recordkeeping and Disclosure Requirements Associated with Securities Transactions Pursuant to Regulation H
No material or nonsubstantive change to a currently approved collection   No
Delegated
Approved without change 04/09/2014
Retrieve Notice of Action (NOA) 04/09/2014
  Inventory as of this Action Requested Previously Approved
09/30/2014 09/30/2014 09/30/2014
33,723 0 33,803
97,869 0 97,279
0 0 0
State member banks effecting securities transactions for customers must establish and maintain a system of records, furnish confirmations to customers, and establish written policies and procedures relating to securities transactions. They are required to maintain records for three years following the transaction.
US Code: 15 USC 78w Name of Law: Securities Exchange Act of 1934
   US Code: 12 USC 325 Name of Law: Federal Deposit Insurance Act
  
None
Not associated with rulemaking
  75 FR 39258 07/08/2010
75 FR 59263 09/27/2010
No
  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 33,723 33,803 0 0 -80 0
Annual Time Burden (Hours) 97,869 97,279 0 0 590 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The net increase in burden hours reflects update to the respondent count. There was an increase in State Member Banks with trust departments, which have a higher burden per response, and a decrease in in State Member Banks without trust departments, which have a lower burden per response.
$0
No
No
No
No
No
Uncollected
Lois Lawrence 202-452-2984 [email protected]
  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.
04/09/2014