OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Recordkeeping and Confirmation Requirements for Securities Transactions

ICR 201804-3064-004 · OMB 3064-0028 · Active

Forms and Documents
DocumentTypeStatusAvailability
FR2 - 83 FR 46946 (Sept 17 2018).pdf Supplementary Document Uploaded 2018-09-27 Available
FR1 - 83 FR 24117 (May 24 2018).pdf Supplementary Document Uploaded 2018-09-27 Available
SPST-0134 2018 - 8-3-18.doc Supporting Statement A Uploaded 2018-09-27 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
31777 Recordkeeping and Confirmation Requirements for Securities Transactions - 344.4 Modified
233231 Officer/Employee Filing of Reports of Personal Securities Trading Transactions - 344.9 (assumes 5 officers/employees at each institution with income from securities broker activity) New
233230 Provide Customer with Copy of Broker/Dealer Confirmation and Remuneration Received OR Written Notification or Alternative Notification - 344.5 and 344.6 New
233229 Maintain Securities Trading Policies and Procedures - 344.8 New
ICR Details
3064-0028 201804-3064-004
Active 201505-3064-004
FDIC 3064-0028
Recordkeeping and Confirmation Requirements for Securities Transactions
Revision of a currently approved collection   No
Regular
Approved without change 11/27/2018
Retrieve Notice of Action (NOA) 09/28/2018
  Inventory as of this Action Requested Previously Approved
11/30/2021 36 Months From Approved 11/30/2018
38,080 0 4,080
65,280 0 113,872
0 0 0
The collection of information requirements are contained in 12 CFR Part 344. The purpose of the regulation is to ensure that purchasers of securities in transactions affected by insured state nonmember banks are provided with adequate records concerning the transactions. The regulation is also designed to ensure that insured state nonmember banks maintain adequate records and controls with respect to the securities transactions they effect. Finally, this regulation requires officers and employees of FDIC-supervised institutions to report to the FDIC-supervised institution certain personal securities trading activity.
None
None
Not associated with rulemaking
  83 FR 24117 05/24/2018
83 FR 46946 09/17/2018
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 38,080 4,080 0 0 34,000 0
Annual Time Burden (Hours) 65,280 113,872 0 0 -48,592 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$0
No
    No
    No
No
No
No
Uncollected
Jennifer Jones 202 551-5776 [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.
09/28/2018