OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Municipal Securities Dealers and Government Securities Brokers and Dealers Registration and Withdrawal

ICR 201906-1557-002 · OMB 1557-0184 · Active

Forms and Documents
DocumentTypeStatusAvailability
Form MSD (MA)-Municipal Securities Dealers and Government Securities Brokers and Dealers Registration and Withdrawal Form and Instruction Modified Available
1557-0184 Supporting Statement 7-15-19.docx Supporting Statement A Uploaded 2019-07-15 Available
IC Document Collections
IC IDCollectionTypeStatusForm
20062 (MA)-Municipal Securities Dealers and Government Securities Brokers and Dealers Registration and Withdrawal Form and Instruction Modified
ICR Details
1557-0184 201906-1557-002
Active 201702-1557-001
TREAS/OCC
Municipal Securities Dealers and Government Securities Brokers and Dealers Registration and Withdrawal
Revision of a currently approved collection   No
Regular
Approved without change 09/18/2019
Retrieve Notice of Action (NOA) 07/29/2019
  Inventory as of this Action Requested Previously Approved
09/30/2022 36 Months From Approved 09/30/2019
718 0 802
587 0 736
0 0 0
Section 15B and section 15C of the Securities Exchange Act of 1934 (the “Exchange Act”) require, in part, that all national banks and federal savings associations (“FSAs”) that act as a municipal securities dealer or a government securities broker/dealer, respectively, file the relevant form with the appropriate regulatory agency to inform such agency of their broker/dealer activities. This information collection is required to satisfy the requirements of the Exchange Act. National banks and FSAs planning to engage in broker/dealer activities must file the required forms before beginning these activities. The OCC proposes to revise Form MSD-4 and Form MSD-5 to (1) remove the date of birth and place of birth items from the ‘Personal History of the Applicant’ section from the Form MSD-4 report form and instructions and (2) include the OCC’s Privacy Act notice on the respective Form MSD-4 and Form MSD-5. The proposed revisions would be effective June 1, 2019. The date of birth and place of birth data fields are considered personally identifiable information (PII). The OCC generally does not need the information in these fields in order to perform its supervisory responsibilities regarding the review applications to become municipal securities principals or representatives but could obtain this information on a case-by-case basis, when needed. The OCC is making an effort to remove PII from its supervisory reports if that PII is not critical to fulfilling its supervisory responsibilities. Non-substantive changes are being made to the G-FIN and G-FINW forms to clarify where to file, the number of copies to file, and to generally update the forms and instructions.
US Code: 15 USC 78o Name of Law: Securities Exchange Act of 1934
  
None
Not associated with rulemaking
  84 FR 12324 04/01/2019
84 FR 36662 07/29/2019
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 718 802 0 0 -84 0
Annual Time Burden (Hours) 587 736 0 0 -149 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The burden decrease is due to the fact that the OCC regulates fewer dealers.
$0
No
    No
    No
No
No
No
Uncollected
David Barfield 202 649-6396 [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.
07/29/2019